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Ray McCormack
hirr
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Posted - 2008.07.15 19:23:00 -
[151]
 Originally by: Hexxx
What I'm afraid of is that FL and BMBE are effectively both dead in the water...and that truely is unfortunate.
I'm currently trying to mentor Dynasty Bank to follow a similiar model to EBANK in order to provide better risk mitigation and sustainability. When a project depends on just one person, there is a risk there. It does not doom the project, but it does present a risk. BMBE and FL were/are effectively one-man projects (Let's face it, Ray was BMBE).
You're slightly wrong on that regard, Hexxx, although what you suggest I see as being the case for eBank. Ricdic controls the vast majority and the Board act as little more than public fluff in an advisory role.
Whereas the BMBE was run by myself, but with far more control over ISK and assets. BPOs were always secured in a position where it was not required for me to release them. Likewise the ISK was held in a similar fashion. As is RAYBY. Either institution can survive the disappearance of its front-man, and long-term security is valued more than short-term success.
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Ricdics
Corporate Placement Holding
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Posted - 2008.07.15 20:04:00 -
[152]
Originally by: Ray McCormack
You're slightly wrong on that regard, Hexxx, although what you suggest I see as being the case for eBank. Ricdic controls the vast majority and the Board act as little more than public fluff in an advisory role.
Obviously you have no idea on the way we run things internally so please don't try to guess. We have far more security protocols in place than BMBE did and follow the same locked down asset requirements that you suggested.
Insured Research and Production Services
Queues |
Ray McCormack
hirr
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Posted - 2008.07.15 20:07:00 -
[153]
And that's why you rely on your tellers to tell you how much ISK they have? Pull the other one, Ric, your internal controls are woeful.
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Ricdics
Corporate Placement Holding
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Posted - 2008.07.15 20:11:00 -
[154]
I won't bother answering your trolling as it is off topic and unrelated to this thread. If you have a question feel free to ask it in the EBANK thread or forums. If you have a statement to make, it doesn't belong here. |
Kwint Sommer
Caldari
Lothian Quay Industries
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Posted - 2008.07.15 20:58:00 -
[155]
Originally by: Ray McCormack
And that's why you rely on your tellers to tell you how much ISK they have? Pull the other one, Ric, your internal controls are woeful.
Can we please stick to ripping Fury Holdings a new one, there's a separate thread for attacking EBANK.
Purchasing and Shipping Moon Minerals |
Thoran Karlien
Di-Tron Heavy Industries
Atlas Alliance
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Posted - 2008.07.16 11:22:00 -
[156]
At this moment I count the isk I invested into Fury Bank as half lost. On the one hand I don't count on it anymore and don't view it as assets, on the other hand if FastLearner actually came back, I certainly won't pull out the isk instantly or at all.
A rush on the bank could very easily kill the bank a second time after an uncertain rebirth.
____________________________
Whine : The only FOTM than never gets nerved or out of style! |
Loreliee
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Posted - 2008.07.16 16:16:00 -
[157]
Edited by: Loreliee on 16/07/2008 16:17:26
Edited by: Loreliee on 16/07/2008 16:17:01
I don't see the point in making a run on the bank if/when FL comes back. Why would you pull out your money when you finally know the guy wasn't trying to scam you afterall?
I can accept a very busy RL. If FL misses a dividend or two because of it, that is far from the end of the world, considering how great a deal FL has been in the past.
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Letias
Caldari
Poofdinkles
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Posted - 2008.07.16 21:27:00 -
[158]
Originally by: Loreliee
Edited by: Loreliee on 16/07/2008 16:17:26
Edited by: Loreliee on 16/07/2008 16:17:01
I don't see the point in making a run on the bank if/when FL comes back. Why would you pull out your money when you finally know the guy wasn't trying to scam you afterall?
I can accept a very busy RL. If FL misses a dividend or two because of it, that is far from the end of the world, considering how great a deal FL has been in the past.
Because you may want to put your money to better use, perhaps you found a niche and wish to exploit it, which could be helped by your withdrawl of funds.
_____________________________
Originally by: Damini Frostmane
Sex isn't sex unless one of you is crying afterwards :-)
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Biolaja Tista
Gallente
International House of PWNCakes
Interstellar Alcohol Conglomerate
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Posted - 2008.07.21 00:01:00 -
[159]
Is Fury Bank still working? I sent money to it a few days ago.
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Ricdics
Corporate Placement Holding
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Posted - 2008.07.21 01:33:00 -
[160]
Originally by: Biolaja Tista
Is Fury Bank still working? I sent money to it a few days ago.
Not exactly the smartest move when their CEO has been MIA for over a month |
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Biolaja Tista
Gallente
International House of PWNCakes
Interstellar Alcohol Conglomerate
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Posted - 2008.07.21 01:57:00 -
[161]
But he was just logged in a couple nights ago...
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Ricdics
Corporate Placement Holding
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Posted - 2008.07.21 02:08:00 -
[162]
Originally by: Biolaja Tista
But he was just logged in a couple nights ago...
he has been sighted? |
Rho'varo
Diversified Operational Services
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Posted - 2008.07.21 02:14:00 -
[163]
Originally by: Biolaja Tista
Is Fury Bank still working? I sent money to it a few days ago.
Well, Biolaja, if the chance to make deposits is the only capability you require of an investment opportunity, then Fury Bank is definitely still working. I might have an alternative for you, too!
More seriously, it's good to hear that someone from the Bank is at least logging in. That's a prerequisite to any recovery for the Bank.
Features & Ideas: Winding Up Learning Skills |
Waseem
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Posted - 2008.07.21 13:45:00 -
[164]
Can anyone else confirm that he was actually online in last few days?
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northwesten
Amarr
Trinity Corporate Services
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Posted - 2008.07.22 09:03:00 -
[165]
can we cut this have we seen him! I mean lets forget about this and cut this as a loss?  no point draging this thread! If he does return then he post!
Trinity Corporate Services
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NookiEPoring
Dirty Deeds Corp.
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Posted - 2008.07.24 22:36:00 -
[166]
I've already scratched it down as a lost seeing as all I've gotten from my 1bil isk invested was 28mil isk.
But no point whining about lost money, better get out there and make more :)
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Jennifer Celeste
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Posted - 2008.07.25 14:38:00 -
[167]
its ventures like this, that are legitimate for so long, and then turn sour b/c the CEO is a greedy ass that kill the market for any new IPOs.
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Ambo
Dirty Deeds Corp.
Axiom Empire
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Posted - 2008.07.25 14:56:00 -
[168]
Indeed, When some of the most respected people like Ionia and Fast Learner disappear without any word at all it really makes you feel that you can't trust anyone at all.
Shame because CCP are not going to do anything to change the requirement of trust for running IPOs and that means the whole thing is always going to be highly limited..
--------------------------------------
Trader? Investor? Just want to track your finances? Check out EMMA |
General Lilost
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Posted - 2008.07.26 07:51:00 -
[169]
Edited by: General Lilost on 26/07/2008 07:52:07
Jennifer, I have put my investment down as a loss for now, but do you have any evidence to support your implication that Fast Learner / Fury became suddenly "greedy" and decided to take off with the cash? There are other possibilities that I find more plausible.
FastLearner was greedy (or else we wouldn't have even had Fury bank) but Fury wasn't run with a focus on fast cash and fast growth that are often the sign of scams. It was consistent and predictable in my experience. So I doubt he just suddenly turned sour. I guess something much more mundane has happened like Fury's business model fell apart and much of the investment was lost or is just sitting around while FastLearner has given up on Eve.
It's all speculation of course, but I just wanted to counter your implication about FastLearner.
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Ricdics
Corporate Placement Holding
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Posted - 2008.07.26 09:06:00 -
[170]
Agreed, it didn't look like a scam. Now, if FL had offered a 200b (or even 100) bond or allowance on HIA just before leaving it wouldn't have made sense. If he was going for max scam he would have waited till this period. Unless someone just sent him a big wad of cash for an account but doesn't want to publicise it on the forums.
I think the above poster is likely to be right. Maybe FL has RL difficulties however in this day and age there are very few excuses why someone cannot make a simple forum post for over a month straight. |
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northwesten
Amarr
Trinity Corporate Services
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Posted - 2008.07.26 14:51:00 -
[171]
Originally by: Ricdics
I think the above poster is likely to be right. Maybe FL has RL difficulties however in this day and age there are very few excuses why someone cannot make a simple forum post for over a month straight.
this! I just hope didn't have a Accident!
Trinity Corporate Services
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Bloody Rabbit
Jita Miners
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Posted - 2008.07.26 18:05:00 -
[172]
Originally by: Ricdics
I think the above poster is likely to be right. Maybe FL has RL difficulties however in this day and age there are very few excuses why someone cannot make a simple forum post for over a month straight.
Remember that he could have passed away and his accounts won't be touched. After all it is just a game.
Originally by: Galliana Foresta
And sewer rat may taste like pumpkin pie, but I'd never know 'cos I wouldn't eat the filthy mother ****er. 
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Ricdics
Corporate Placement Holding
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Posted - 2008.07.26 18:24:00 -
[173]
A little unlikely I think. He somewhat vanished for a couple of months, done a guest appearance saying he was back, and then vanished again. Unless he was reincarnated to make that post, one would assume a sickness of some sort would have been mentioned.
However as I said above only a "few" reasons could cause him not posting, and pretty much all of them involve FL in serious medical condition or being held hostage by Osama. |
Ray McCormack
hirr
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Posted - 2008.07.26 18:44:00 -
[174]
Or you could just accept the fact that life, no matter how trivial it may appear, is bigger than EVE. Time and again it's been shown by numerous individuals that even a single post is too unthinkable in their circumstances.
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Letias
Caldari
Poofdinkles
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Posted - 2008.07.26 23:56:00 -
[175]
Originally by: Ray McCormack
Or you could just accept the fact that life, no matter how trivial it may appear, is bigger than EVE. Time and again it's been shown by numerous individuals that even a single post is too unthinkable in their circumstances.
This is pretty much how i feel, although it is very disappointing to have lost out on FRPB and now probably furybank, these things happen and if they have made a clean break from the game then I hold no grudge. There are many circumstances where signing in is impossible and people tend to lose sight of that at times.
_____________________________
Originally by: Damini Frostmane
Sex isn't sex unless one of you is crying afterwards :-)
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Ricdics
Corporate Placement Holding
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Posted - 2008.07.27 01:50:00 -
[176]
Originally by: Letias
There are many circumstances where signing in is impossible and people tend to lose sight of that at times.
But we aren't asking Fastlearner to sign into Eve. We just want a post here. Of course RL takes precedence but if your RL is so busy that you can't spend 30 seconds writing up a post on here over a 2 month timeperiod then I am going to call scam. It would show just how much respect the person has for your money.
Short of some form of medical condition that's stopping FL from being able to even post or tell his friend in this thread of the situation, this is a scam. |
Bloody Rabbit
Jita Miners
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Posted - 2008.07.27 03:34:00 -
[177]
Originally by: Ricdics
Short of some form of medical condition that's stopping FL from being able to even post or tell his friend in this thread of the situation, this is a scam.
And the only reason I see that could have happened is jail or death. But also burn out could have set in but if that happened I think he would have just handed his accounts over for someone else to clear for him.
Originally by: Galliana Foresta
And sewer rat may taste like pumpkin pie, but I'd never know 'cos I wouldn't eat the filthy mother ****er.
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Ricdics
Corporate Placement Holding
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Posted - 2008.07.27 04:07:00 -
[178]
Burn Out may be the biggest likelihood at this point. All this occurs shortly after BRUCE goes under. Maybe FL took a substantial loss as a result and took some time off Eve in annoyance. If that is the case, this extended delay should show how much consideration there is for his account holders and shareholders.
I really do hope he comes back, the loss of Fury bank definetly will have a negative effect on EBANK. Sure there's less competition but there will also be less people willing to trust that a bank can exist in Eve if this results in a loss. |
Lo Lightshard
Insurrection Inc
HUZZAH FEDERATION
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Posted - 2008.07.28 01:52:00 -
[179]
There were large scale corp thefts reported as BRUCE collapsed. I'm not sure what FB invested in but there is a posibility that the money was lost.
[IMA6E REMOVED] |
Killmark
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Posted - 2008.07.28 19:09:00 -
[180]
Well, in regards to the Bruce theft, out of two of those online at the time with CEO and Director access of the holding corp one of them was fastlearner.
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