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Nayiin La'Tour	Posted - 2008.07.16 18:13:00 - [31] Originally by: Hexxx Originally by: Nayiin La'Tour What if Ricdic sabotages your PR efforts by engaging in a ****ing match on the forums?? If you think the answer to everything in life is quitting...you have bigger problems than EBANK does. I thought you supported Shar leaving? You agreed with a quote that said he "needed" to leave.
Hexxx Minmatar	Posted - 2008.07.16 18:14:00 - [32] Originally by: Kazzac Elentria Originally by: Hexxx Originally by: Nayiin La'Tour I just wonder what ric would say if Hexxx said "I can't take Ric's crap anymore I resign" Im sure that would decrease the amount of despositers if anything, and probably **** Ric off and push him over the edge. I just can't belive that after seeing all this someone would say. "Here take my billions!" If anything the chance the scam goes up when people start throwing their emotions into the mix. I am with EBANK untill CCP shuts down EVE or Iceland explodes. Whichever comes first. Then do us all a favor, get the mods to lock both threads. Start a new one with just one PR person, and put a got damn muzzle on everyone else already. Seriously Hexxx We have to have a place where we can do some small updates and limited responses. I understand your points and I've had many discussions that no one will ever see about that. I've reserved the two posts below my interm-update to issue a larger more broadly scoped statement that we are working on. Director \| www.eve-bank.net
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.16 18:18:00 - [33] Originally by: Hexxx Withdraws: All withdraws are completely up-to-date and actioned. Total decrease in funds from the time Shar resigned to now (deposits vs. withdraws) is 7 billion. This represents just over a 0.9% decrease in EBANK's total funds based on our NAV of 750 (as a reminder from my last report, we're sitting on about 50 billion in total profits. We also have a private bond for 50 billion as well) Good to hear, now process my god damn loan request! To my investors, don't worry, this is a short-term loan request completely covered by assets. In other words, I'm not requesting extra money, just pseudo-liquidating some assets in order to complete a very profitable trade. (details about the trade will be in my next update) I'd rather give EBANK a few percent interest on a collateralled loan than give some trader 6% by fulfilling their buy order. Purchasing and Shipping Moon Minerals
Hexxx Minmatar	Posted - 2008.07.16 18:19:00 - [34] Originally by: Kwint Sommer Originally by: Hexxx Withdraws: All withdraws are completely up-to-date and actioned. Total decrease in funds from the time Shar resigned to now (deposits vs. withdraws) is 7 billion. This represents just over a 0.9% decrease in EBANK's total funds based on our NAV of 750 (as a reminder from my last report, we're sitting on about 50 billion in total profits. We also have a private bond for 50 billion as well) Good to hear, now process my god damn loan request! To my investors, don't worry, this is a short-term loan request completely covered by assets. In other words, I'm not requesting extra money, just pseudo-liquidating some assets in order to complete a very profitable trade. (details about the trade will be in my next update) I'd rather give EBANK a few percent interest on a collateralled loan than give some trader 6% by fulfilling their buy order. We are aware of a few loan requests that still need to be processed. I'll make sure yours gets looked at soon. Director \| www.eve-bank.net
LuthienTinuviel The Higher Standard	Posted - 2008.07.16 18:21:00 - [35] Originally by: jna Originally by: Hexxx The discussion in Shar's thread has gotten completely out of hand. Originally by: EBANK Ricdic On another note, hows BMBE going? Oh wait, that's right... :facepalm: Being honest that post beats anything else nice level of maturity you got going there Ricdic
Kazzac Elentria	Posted - 2008.07.16 18:23:00 - [36] Originally by: Hexxx We have to have a place where we can do some small updates and limited responses. I understand your points and I've had many discussions that no one will ever see about that. I've reserved the two posts below my interm-update to issue a larger more broadly scoped statement that we are working on. Based on the tone of the text I have no doubt. Now just make sure that putbull you have in the yard doesn't get loose again.
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.16 18:27:00 - [37] Did everyone get their angst out? Can we stop taking shots at each other and actually conduct some business here or at the very least have a mature discussion? Purchasing and Shipping Moon Minerals
Nayiin La'Tour	Posted - 2008.07.16 18:32:00 - [38] Originally by: Kwint Sommer Did everyone get their angst out? Can we stop taking shots at each other and actually conduct some business here or at the very least have a mature discussion? I'll never post again, if someone will give me the money for these damn JF's
Ray McCormack hirr	Posted - 2008.07.16 18:33:00 - [39] Hexxx, you're a sound bloke, I think your views on eBank being able to act as a central governing entity are a bit misguided, but apart from that your a stand-up, level-headed individual. However the exact opposite could be said for your partner in action. And I've been saying the same for well over a year. You may consider them personal attacks, but my statements are not as vulgar as you think they might appear. Having personally been through a lot of drama on these forums before, trust me when I say the fuss quietens down way quicker than you can ever imagine. But I think the true judge of character is ones reactions to such situations. In times past when I've been in a similar situation my personal life has been one of anxiety as I dealt with situations I felt personally responsible for. Judging from his replies, Ricdic feels no such emotion, but rather comes across as someone enjoying the drama and attention. His blatant disregard for any form of decency in a situation he should be publicly responsible for is damning. I know your strength of character will see you through this very minor blip, but I sincerely hope it opens your eyes to the controls and procedures sorely lacking in your organisation. I also hope it brings into light the drama that could happen with so much risk placed with one person, and that for the sake of its own long-term success and survival eBank sees the need to limit the powers and access of its founder. [WTS] Tech II Component BPO Sets
Nayiin La'Tour	Posted - 2008.07.16 18:36:00 - [40] Originally by: Ray McCormack for the sake of its own long-term success and survival eBank sees the need to limit the powers and access of its founder. I don't think it can. Unless he willingly gives it up. I mean he installed the board. He can throw them out.
Roguehalo Caldari State Protectorate	Posted - 2008.07.16 18:38:00 - [41] Edited by: Roguehalo on 16/07/2008 18:38:07 Originally by: Treelox Originally by: Nayiin La'Tour Heh it was a joke. If I have to explain it its not funny. It's also probably not very funny if you have any money in Ebank. If your trying to allude to Ebank being a scam, have the balls to say that. Especially since your already hiding behind an alt. Myself I DO NOT think EBank is a scam. Although I do reserve the right to say that at times it is mismanaged in accordance with its own by-laws. Which means the potential exsist for some serious screw ups. I also will go on record that I am not particularly happy with the fact that roughly a third of all EBanks capital can be used in one project, even if that one project is diversified. Whether or not Ebank is a scam is NOT the problem. Was Ionia a scam? Was Fastlearner a scam? Was whoever disappears next a scam? We are all playing a game here mostly with our own isk. If we burnout/quit or emorage/quit or whatever/quit then only our own isk is at risk. Ricdic is also just playing a game. The only difference is he's playing it with 650b of other peoples isk. I no longer have any secondary investments. The next guy that quits won't be taking any of MY isk with him
Nayiin La'Tour	Posted - 2008.07.16 18:45:00 - [42] Originally by: Roguehalo Edited by: Roguehalo on 16/07/2008 18:38:07 Originally by: Treelox Originally by: Nayiin La'Tour Heh it was a joke. If I have to explain it its not funny. It's also probably not very funny if you have any money in Ebank. If your trying to allude to Ebank being a scam, have the balls to say that. Especially since your already hiding behind an alt. Myself I DO NOT think EBank is a scam. Although I do reserve the right to say that at times it is mismanaged in accordance with its own by-laws. Which means the potential exsist for some serious screw ups. I also will go on record that I am not particularly happy with the fact that roughly a third of all EBanks capital can be used in one project, even if that one project is diversified. Whether or not Ebank is a scam is NOT the problem. Was Ionia a scam? Was Fastlearner a scam? Was whoever disappears next a scam? We are all playing a game here mostly with our own isk. If we burnout/quit or emorage/quit or whatever/quit then only our own isk is at risk. Ricdic is also just playing a game. The only difference is he's playing it with 650b of other peoples isk. I no longer have any secondary investments. The next guy that quits won't be taking any of MY isk with him I hope lavista is reading this. CCP needs to look into this because slowly but sureley, people are just giving up on these mechanics.
Ray McCormack hirr	Posted - 2008.07.16 18:45:00 - [43] Originally by: Nayiin La'Tour Originally by: Ray McCormack for the sake of its own long-term success and survival eBank sees the need to limit the powers and access of its founder. I don't think it can. Unless he willingly gives it up. I mean he installed the board. He can throw them out. You need to shut up and stop posting. [WTS] Tech II Component BPO Sets
Hexxx Minmatar	Posted - 2008.07.16 18:47:00 - [44] Originally by: Ray McCormack Hexxx, you're a sound bloke, I think your views on eBank being able to act as a central governing entity are a bit misguided, but apart from that your a stand-up, level-headed individual. However the exact opposite could be said for your partner in action. And I've been saying the same for well over a year. You may consider them personal attacks, but my statements are not as vulgar as you think they might appear. Having personally been through a lot of drama on these forums before, trust me when I say the fuss quietens down way quicker than you can ever imagine. But I think the true judge of character is ones reactions to such situations. In times past when I've been in a similar situation my personal life has been one of anxiety as I dealt with situations I felt personally responsible for. Judging from his replies, Ricdic feels no such emotion, but rather comes across as someone enjoying the drama and attention. His blatant disregard for any form of decency in a situation he should be publicly responsible for is damning. I know your strength of character will see you through this very minor blip, but I sincerely hope it opens your eyes to the controls and procedures sorely lacking in your organisation. I also hope it brings into light the drama that could happen with so much risk placed with one person, and that for the sake of its own long-term success and survival eBank sees the need to limit the powers and access of its founder. Ricdic is an extremely proud person, and he's worked very hard to help make EBANK what it is....so has everyone. He gets very upset, as we all do, to see our "baby" get dragged through the mud like this. We have over a dozen people working on EBANK now and they are not for show either....our forums are filled with thousands of internal posts and we will shortly add a third developer to our ranks. We had to institute an enterprise-class versioning control system to ensure EBANK's code integrity and we've even appointed Mr. Horizontal as our official "release management system" when it comes from moving code from development and testing to production. We care alot, more than you may think. Thank you for your comments as well, I appreciate the compliments and I would say similiar compliements about yourself. Director \| www.eve-bank.net
LaVista Vista	Posted - 2008.07.16 18:50:00 - [45] Originally by: Nayiin La'Tour I hope lavista is reading this. CCP needs to look into this because slowly but sureley, people are just giving up on these mechanics. I'm reading it, trust me. It's a hard problem. It's the inherent problem of the internet. It's a total anonymous place, thus, eve is too. If a person goes missing or has an accident, there is nothing we can do as long as there is no regulation. So we will have to get into the realm of regulation. And THAT is a can of worms. If you have any ideas about how we can do it, please, create a new thread and lets discuss it.
Nayiin La'Tour	Posted - 2008.07.16 18:50:00 - [46] Originally by: Ray McCormack You need to shut up and stop posting. This is going in the sig.
YouGotRipped Ewigkeit	Posted - 2008.07.16 18:51:00 - [47] Originally by: Hexxx Ricdic is an extremely proud person, and he's worked very hard to help make EBANK what it is....so has everyone. He gets very upset, as we all do, to see our "baby" get dragged through the mud like this. Cut the crap please. Just for once cut the crap! If you want to make things right again you people put that LIABILITY Ricdic on a leash and take Shar back. Motherships
Nayiin La'Tour	Posted - 2008.07.16 18:53:00 - [48] Originally by: LaVista Vista Originally by: Nayiin La'Tour I hope lavista is reading this. CCP needs to look into this because slowly but sureley, people are just giving up on these mechanics. I'm reading it, trust me. It's a hard problem. It's the inherent problem of the internet. It's a total anonymous place, thus, eve is too. If a person goes missing or has an accident, there is nothing we can do as long as there is no regulation. So we will have to get into the realm of regulation. And THAT is a can of worms. If you have any ideas about how we can do it, please, create a new thread and lets discuss it. Why not have something like the FTC, a trade commision. Being under its regulation would be tottaly optional (though it would look much more skeptical to investors), but it would at least allow for market mechanics to be meaningful. The people who run it could be appointed by CSMs.
LaVista Vista	Posted - 2008.07.16 19:01:00 - [49] Originally by: Nayiin La'Tour Originally by: LaVista Vista Originally by: Nayiin La'Tour I hope lavista is reading this. CCP needs to look into this because slowly but sureley, people are just giving up on these mechanics. I'm reading it, trust me. It's a hard problem. It's the inherent problem of the internet. It's a total anonymous place, thus, eve is too. If a person goes missing or has an accident, there is nothing we can do as long as there is no regulation. So we will have to get into the realm of regulation. And THAT is a can of worms. If you have any ideas about how we can do it, please, create a new thread and lets discuss it. Why not have something like the FTC, a trade commision. Being under its regulation would be tottaly optional (though it would look much more skeptical to investors), but it would at least allow for market mechanics to be meaningful. The people who run it could be appointed by CSMs. Problem is knowing when a commision should "step in"(In case of a person being MIA) and how they should trace assets, if a person white-washes isk and asset. While it MIGHT be able to be done by a volunteer commision, we will have the same issues we had with ISD. Insider trading, etc. So the comission will have to be run by CCP and be done by employees of CCP(Overseen by internal affairs). And that is a long way off, I think.
Nayiin La'Tour	Posted - 2008.07.16 19:04:00 - [50] Edited by: Nayiin La''Tour on 16/07/2008 19:06:12 Originally by: LaVista Vista Originally by: Nayiin La'Tour Originally by: LaVista Vista Originally by: Nayiin La'Tour I hope lavista is reading this. CCP needs to look into this because slowly but sureley, people are just giving up on these mechanics. I'm reading it, trust me. It's a hard problem. It's the inherent problem of the internet. It's a total anonymous place, thus, eve is too. If a person goes missing or has an accident, there is nothing we can do as long as there is no regulation. So we will have to get into the realm of regulation. And THAT is a can of worms. If you have any ideas about how we can do it, please, create a new thread and lets discuss it. Why not have something like the FTC, a trade commision. Being under its regulation would be tottaly optional (though it would look much more skeptical to investors), but it would at least allow for market mechanics to be meaningful. The people who run it could be appointed by CSMs. Problem is knowing when a commision should "step in"(In case of a person being MIA) and how they should trace assets, if a person white-washes isk and asset. While it MIGHT be able to be done by a volunteer commision, we will have the same issues we had with ISD. Insider trading, etc. So the comission will have to be run by CCP and be done by employees of CCP(Overseen by internal affairs). And that is a long way off, I think. I would submit since they are appointed by CSM's they are by proxy being voted on by the players. The CSM's would have full oversight. By the very nature of CSM's being from all walks of EVE life I doubt they would collaborate in some grand scheme to steal everyones money. EDIT: ALSO, La Vista can you start that thread because I am a troll and I suspect alot of people would show up to flame me if I create it. This is a very important issue to me.
YouGotRipped Ewigkeit	Posted - 2008.07.16 19:05:00 - [51] GTFO both of you! Motherships
Alex Redwidth Caldari Industrial and Merchantile Investment Fund	Posted - 2008.07.16 19:59:00 - [52] Originally by: LaVista Vista So the comission will have to be run by CCP and be done by employees of CCP(Overseen by internal affairs). And that is a long way off, I think. I can't remember if it was yourself, or the minutes that suggested the topic of regulation was approached at the CSM meeting and CCP said categorically that they weren't going to do it if it involved them?
SencneS Amarr Rebellion Against big Irreversible Dinks	Posted - 2008.07.16 21:27:00 - [53] Originally by: YouGotRipped If you want to make things right again you people put that LIABILITY Ricdic on a leash and take Shar back. As far as I'm aware Shar does not want to be back. Personally speaking from my understanding he would not want someone to speak for him, let alone suggest what he desires. If Shar wanted to come back, I'm positive most if not all Board members would welcome the return. Amarr for Life
HawkBlade Minmatar Starlancers	Posted - 2008.07.16 21:42:00 - [54] In case anyone wanted to know... the long delayed compensation for eBank staff and members, held up for who knows how long and for what reason, was suddenly issued today. This means that ebank directors and staff can now take their pay out of the system before the system has no more liquidity. Of course it would be inflammatory to call it a bribe. How about tying up loose ends. PS: I've been told I received something but in good faith I don't know how much I received, if I can get it out, or how much LVV received for special services provided. (Gotta keep them CSM's paid!) How Much To Sell Out A Friend?
Prodigal Caldari New Genesis Project	Posted - 2008.07.16 21:56:00 - [55] Can someone please draw out a roadmap in english for wtf this is all about??!! Ive been around for awhile but my forum mojo is not as killer is the rest of yours......plus i am a super bus guy. Please help with some links to related threads......... CHeers,
Maestro Del'Tirith Del'Tirith Holdings	Posted - 2008.07.16 22:54:00 - [56] I can't even tell you how silly the whole thing really is from where I am standing. This forum is actually worse than CAOD right now because there is a low enough volume of posts that rampant flame threads like the other one here which I refuse to post in don't disappear as fast. I just don't get it...but that is alright, I'm going to go read CAOD instead.
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.16 23:12:00 - [57] I don't get the rampant trolling going on over there. There are non-EBANK members getting so partisan and viscous that someone practically called YouGotRipped insightful when he took his side. I get the heated arguments between certain EBANK members but the shit-throwing alt-fest was a surprise. There are serious and challenging to address issues that got raised and they will eventually have to be dealt with but they're drowning in the muck that is that thread. Purchasing and Shipping Moon Minerals
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.16 23:17:00 - [58] Edited by: Kwint Sommer on 16/07/2008 23:22:45 Originally by: Kwint Sommer getting so partisan and viscous That should be vicious, not viscous. And now that we've gotten to a funny note, can we please process my loan request. It's fully covered by collateral, it can't be that tough of a decision. Purchasing and Shipping Moon Minerals
HawkBlade Minmatar Starlancers	Posted - 2008.07.16 23:49:00 - [59] Originally by: Kwint Sommer There are serious and challenging to address issues that got raised and they will eventually have to be dealt with but they're drowning in the muck that is that thread. I agree with you, however recent activities have proven that you can troll and flame without repercussion as long as you don't mention a CSM member. Since LVV is an integral part of eBank, that means you take your privileges "at risk" to even express a concern. How Much To Sell Out A Friend?
Ava Santiago Minmatar	Posted - 2008.07.16 23:59:00 - [60] I am concerned that Ebank has moved from optimizing returns to maximizing returns. Given the statements by Ebank board members there is a possibility that they have exceeded the level of deposits necessary to serve their (vast) segment of the loan market. Inevitably, this leads to trying to find margins by diversifying into side products, hiring additional staff, and incurring costs and reducing margins while increasing risk. (Drucker explains this better than I can but it's why conglomerates are typically worth more to the shareholders as separate entities.) Hexxx has talked about Ebank as a central bank as well as a commercial bank. Given the vast sums of Isk involved as well as leadership turnover, the board may wish to consider splitting Ebank into a several pieces so that each segment of Ebank can optimize returns - rather than being forced to spend hours debating process every time Ebank is forced into a new diversified side business in search of ways to find returns. We all know how this is currently playing out in the "real" financial markets. Concord doesn't provide consequences. Concord provides insurance payouts.

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