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Hexxx Minmatar	Posted - 2008.07.17 00:08:00 - [61] Originally by: Ava Santiago 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. My ideas and writings on Central Banking are still just ideas...we've not brought a single one of those things to life at EBANK yet. Just wanted to clarify that point. Director \| www.eve-bank.net
SencneS Amarr Rebellion Against big Irreversible Dinks	Posted - 2008.07.17 00:16:00 - [62] Originally by: Ava Santiago 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. The nature of all Banks is to use money/ISK that exceeds the level of Deposits. How else can they make any ISK to pay Interest? Actually we have moved to a more stable return. There is a difference between all three, Optimized, Maximized, and Stabilized. Optimized is meeting exactly what you require in order to maintain dividends/interest in accounts. Maximized is making as much as possible, which I hope everyone would want the maximum return; however this usually comes at a risk. This is actually the same amount of risk as throwing all your ISK in one venture or even one aspect of the market. Stabilized is about making more than the minimal required, but at a more consistent return. Considering EBank did have 80% in a single "Operation" breaking it down to 33% and creating a new operation which consists of also 33% it removes the "All the eggs in one basket" problem. I would hope people understand that diversification is always the best option and that is exactly what EBank did. Diversify its investments. Amarr for Life
HawkBlade Minmatar Starlancers	Posted - 2008.07.17 00:19:00 - [63] Originally by: SencneS Maximized is making as much as possible, which I hope everyone would want the maximum return; however this usually comes at a risk. This is actually the same amount of risk as throwing all your ISK in one venture or even one aspect of the market. So putting 33% of all eBank's assets @ 5% interest rate is maximizing? Boy, math has changed in two days. How Much To Sell Out A Friend?
SencneS Amarr Rebellion Against big Irreversible Dinks	Posted - 2008.07.17 00:20:00 - [64] For the sake of integrity of the post - I am not going to edit the above to make this correct. It is an impossibility for EBank to use more ISK then it has in it's deposits. I had a brainfart, it should have been. The nature of all Banks is to use money/ISK that has been deposited. Amarr for Life
Hareld	Posted - 2008.07.17 00:20:00 - [65] ok I don't want to get involved in all of this drama but I have one simple question: what happened to being restricted to one Ebank thread a week? Just seems that this thread is on exactly the same topic as the previous one. Would have been better if you announced Proton joining in a separate thread and kept all this stuff in one if you were going to break the rule.
Vhaluus	Posted - 2008.07.17 00:21:00 - [66] Originally by: Hareld ok I don't want to get involved in all of this drama but I have one simple question: what happened to being restricted to one Ebank thread a week? Just seems that this thread is on exactly the same topic as the previous one. Would have been better if you announced Proton joining in a separate thread and kept all this stuff in one if you were going to break the rule. gah and just for the record, this is me. not hiding behind an alt here... it just annoyingly selects that char automatically every time I post.
SencneS Amarr Rebellion Against big Irreversible Dinks	Posted - 2008.07.17 00:23:00 - [67] Originally by: HawkBlade Originally by: SencneS Maximized is making as much as possible, which I hope everyone would want the maximum return; however this usually comes at a risk. This is actually the same amount of risk as throwing all your ISK in one venture or even one aspect of the market. So putting 33% of all eBank's assets @ 5% interest rate is maximizing? Boy, math has changed in two days. I'm going to address this 5% return is a minimal expected return. If by any means we get more then 5% then it is not only meeting our expectations but exceeding them. Anything more than 5% is only contributing to continued growth and stability of EBank. Amarr for Life
HawkBlade Minmatar Starlancers	Posted - 2008.07.17 00:25:00 - [68] Originally by: Vhaluus gah and just for the record, this is me. not hiding behind an alt here... it just annoyingly selects that char automatically every time I post. If you go to settings you can declare which toon is the default poster. Once you do that you will have to specifically select another toon to avoid posting with the main one... if that is your intent. (Hint hint: Ricdics, Ricdic's Hoe, EBank Ricdics) How Much To Sell Out A Friend?
Vhaluus	Posted - 2008.07.17 00:26:00 - [69] Originally by: HawkBlade Originally by: Vhaluus gah and just for the record, this is me. not hiding behind an alt here... it just annoyingly selects that char automatically every time I post. If you go to settings you can declare which toon is the default poster. Once you do that you will have to specifically select another toon to avoid posting with the main one... if that is your intent. (Hint hint: Ricdics, Ricdic's Hoe, EBank Ricdics) thanks, I looked there previously but must have missed the button somehow
Maestro Del'Tirith Del'Tirith Holdings	Posted - 2008.07.17 00:27:00 - [70] Originally by: HawkBlade Originally by: Vhaluus gah and just for the record, this is me. not hiding behind an alt here... it just annoyingly selects that char automatically every time I post. If you go to settings you can declare which toon is the default poster. Once you do that you will have to specifically select another toon to avoid posting with the main one... if that is your intent. (Hint hint: Ricdics, Ricdic's Hoe, EBank Ricdics) That seems to only work sometimes for me for some reason. Not to derail the thread to much, but I've run into problems getting it to 'stick' on Quinn back when Maestro was my alt and Quinn was my main. I've given in now
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.17 00:30:00 - [71] Originally by: HawkBlade (Hint hint: Ricdics, Ricdic's Hoe, EBank Ricdics)[/justify] It's easy to pick which character on your current account you post with but using a different account is a real pain in the ass. I speak as someone who's recently been forced to switch between 3 accounts when posting. You'll note he usually uses the same one for a few days then switches. That's probably him signing a different account into the forum. Purchasing and Shipping Moon Minerals
SencneS Amarr Rebellion Against big Irreversible Dinks	Posted - 2008.07.17 00:31:00 - [72] Originally by: Hareld What happened to being restricted to one Ebank thread a week? Unfortunately EBank cannot prevent non-ebank representatives from creating threads about EBank. Amarr for Life
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.17 00:31:00 - [73] Originally by: Hareld what happened to being restricted to one Ebank thread a week? That is a very good guideline but a stupid rule. At least one of the mods is tacitly acknowledging that fact right now. Purchasing and Shipping Moon Minerals
HawkBlade Minmatar Starlancers	Posted - 2008.07.17 00:33:00 - [74] Originally by: Kwint Sommer You'll note he usually uses the same one for a few days then switches. That's probably him signing a different account into the forum. I've personally logged onto Ric's account when his computer was down. I moved around 140 billion in isk to various people's to cover responsibilities. So I can most assuredly tell you that Ric specifically chooses what toon he wants to post with depending on Ric's purpose. He posts mostly with Ebank Ricdic as constantly branding is part of his power and prestige. How Much To Sell Out A Friend?
Shadarle	Posted - 2008.07.17 00:33:00 - [75] Originally by: Maestro Del'Tirith Originally by: HawkBlade Originally by: Vhaluus gah and just for the record, this is me. not hiding behind an alt here... it just annoyingly selects that char automatically every time I post. If you go to settings you can declare which toon is the default poster. Once you do that you will have to specifically select another toon to avoid posting with the main one... if that is your intent. (Hint hint: Ricdics, Ricdic's Hoe, EBank Ricdics) That seems to only work sometimes for me for some reason. Not to derail the thread to much, but I've run into problems getting it to 'stick' on Quinn back when Maestro was my alt and Quinn was my main. I've given in now I have had problems with this as well about 10 times over the past year. For a few days it will just stop working correctly and will keep making me post on an alt, no matter what I do. Then it will often even stop letting me post period, no matter what I do. Then it works again. Very odd.
Proton Power Amarr Power Corrupts Tech Axiom Empire	Posted - 2008.07.17 00:38:00 - [76] Originally by: HawkBlade Originally by: SencneS Maximized is making as much as possible, which I hope everyone would want the maximum return; however this usually comes at a risk. This is actually the same amount of risk as throwing all your ISK in one venture or even one aspect of the market. So putting 33% of all eBank's assets @ 5% interest rate is maximizing? Boy, math has changed in two days. Shar I want to point somthing out here. I was told to make sure anything we do meets or exceeds 5 percent with little work load as possible. We are above that mark right now with aprox 3hrs a week needed, but that does not mean that I get anything above 5 percent, that just means that is my line that the board has set. I have to prove how it will make more than 5 percent, and for long term projects that is not always easy. Right now we are above that mark and will continue to be, but I don't get the extra after 5% EBANK does. So you make it like myself or Ricdic pocket anything past that, which is not the case. ----------------------------------------------- http://oldforums.eveonline.com/?a=topic&threadID=439797Cli
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.17 00:41:00 - [77] Originally by: Proton Power Originally by: HawkBlade Originally by: SencneS Maximized is making as much as possible, which I hope everyone would want the maximum return; however this usually comes at a risk. This is actually the same amount of risk as throwing all your ISK in one venture or even one aspect of the market. So putting 33% of all eBank's assets @ 5% interest rate is maximizing? Boy, math has changed in two days. Shar I want to point somthing out here. I was told to make sure anything we do meets or exceeds 5 percent with little work load as possible. We are above that mark right now with aprox 3hrs a week needed, but that does not mean that I get anything above 5 percent, that just means that is my line that the board has set. I have to prove how it will make more than 5 percent, and for long term projects that is not always easy. Right now we are above that mark and will continue to be, but I don't get the extra after 5% EBANK does. So you make it like myself or Ricdic pocket anything past that, which is not the case. Just to put the issue definitively to rest, are you receiving anything more than the standard EBANK employee for your work on this? Purchasing and Shipping Moon Minerals
Proton Power Amarr Power Corrupts Tech Axiom Empire	Posted - 2008.07.17 00:47:00 - [78] Originally by: Kwint Sommer Originally by: Proton Power Originally by: HawkBlade Originally by: SencneS Maximized is making as much as possible, which I hope everyone would want the maximum return; however this usually comes at a risk. This is actually the same amount of risk as throwing all your ISK in one venture or even one aspect of the market. So putting 33% of all eBank's assets @ 5% interest rate is maximizing? Boy, math has changed in two days. Shar I want to point somthing out here. I was told to make sure anything we do meets or exceeds 5 percent with little work load as possible. We are above that mark right now with aprox 3hrs a week needed, but that does not mean that I get anything above 5 percent, that just means that is my line that the board has set. I have to prove how it will make more than 5 percent, and for long term projects that is not always easy. Right now we are above that mark and will continue to be, but I don't get the extra after 5% EBANK does. So you make it like myself or Ricdic pocket anything past that, which is not the case. Just to put the issue definitively to rest, are you receiving anything more than the standard EBANK employee for your work on this? Zero isk = more? I am currently in a new role that has never been filled. No payout has been even talked about or looked at for my services. I don't even want paid tbh. I just want to feel part of an oganization taht is doing somthing good. I feel EBANK is that organization. So Short Answer, No I am recieving Less. ----------------------------------------------- http://oldforums.eveonline.com/?a=topic&threadID=439797Cli
Maestro Del'Tirith Del'Tirith Holdings	Posted - 2008.07.17 00:54:00 - [79] ^^ I like PP's one point there. I am really excited to be developing code for an organization as well organized and as dedicated as EBANK. My own involvement is very minimal and very fresh, but having seen the discussions of the board myself and the extreme level of seriousness which is given to all concerns around EBANK's operations, I can wholeheartedly say I am proud to be even a small part of new things going forward. I think there are various growing pains, as there are with any organization, but I really see a bright future for this organization and hope that the people who use the code I write find it to add to their gameplay experience.
Protheroe	Posted - 2008.07.17 01:03:00 - [80] Originally by: Hexxx Our customers should feel safe knowing that our committment to the easy withdraw and deposit of funds is still there and has been there for nearly a year now. I'm sold.
HawkBlade Minmatar Starlancers	Posted - 2008.07.17 01:09:00 - [81] Originally by: Proton Power [justify]Zero isk = more? I am currently in a new role that has never been filled. No payout has been even talked about or looked at for my services. I don't even want paid tbh. I just want to feel part of an oganization taht is doing somthing good. I feel EBANK is that organization. So Short Answer, No I am recieving Less. Oooh very smooth there, did anyone else see what he did? He said "My pay has not been discussed ergo I'm receiving less." He went from one topic to a completely different one, with no connection in between, and offered it as an answer. I'm impressed sir. How Much To Sell Out A Friend?
Proton Power Amarr Power Corrupts Tech Axiom Empire	Posted - 2008.07.17 01:17:00 - [82] Originally by: HawkBlade Originally by: Proton Power [justify]Zero isk = more? I am currently in a new role that has never been filled. No payout has been even talked about or looked at for my services. I don't even want paid tbh. I just want to feel part of an oganization taht is doing somthing good. I feel EBANK is that organization. So Short Answer, No I am recieving Less. Oooh very smooth there, did anyone else see what he did? He said "My pay has not been discussed ergo I'm receiving less." He went from one topic to a completely different one, with no connection in between, and offered it as an answer. I'm impressed sir. Honestly not sure what you mean. I was asked if I get paid more than others in Ebank. The answer is no I don't. I don't get anything, I don't take anything off the top, I don't get bonus's for a good month. Now granted in 6mths it may come to a time were we are stable in the operations, and pay gets talked about, but as of right now, and for the near future I don't forsee me getting any isk at all from Ebank, which was his question. ----------------------------------------------- http://oldforums.eveonline.com/?a=topic&threadID=439797Cli
HawkBlade Minmatar Starlancers	Posted - 2008.07.17 01:28:00 - [83] I'd try to debate this with you but CCP has clearly decided to take sides in this matter. It's not that there is nothing more to be said, just that there is nothing more allowed to be said. How Much To Sell Out A Friend?
Tanya Sapp	Posted - 2008.07.17 01:38:00 - [84] Originally by: HawkBlade Originally by: Kwint Sommer You'll note he usually uses the same one for a few days then switches. That's probably him signing a different account into the forum. I've personally logged onto Ric's account when his computer was down. I moved around 140 billion in isk to various people's to cover responsibilities. So I can most assuredly tell you that Ric specifically chooses what toon he wants to post with depending on Ric's purpose. He posts mostly with Ebank Ricdic as constantly branding is part of his power and prestige. DING DING DING Im pretty sure that a EULA violation. In fact I think they either ban you or warn you for that. So, whats EBANK going to do when Ric's account get BANNED with all that isk on it. Whats going to happen to Eve Bank. LMAO, they will be the ones begging for a loan
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.17 01:43:00 - [85] Originally by: Tanya Sapp Originally by: HawkBlade Originally by: Kwint Sommer You'll note he usually uses the same one for a few days then switches. That's probably him signing a different account into the forum. I've personally logged onto Ric's account when his computer was down. I moved around 140 billion in isk to various people's to cover responsibilities. So I can most assuredly tell you that Ric specifically chooses what toon he wants to post with depending on Ric's purpose. He posts mostly with Ebank Ricdic as constantly branding is part of his power and prestige. DING DING DING Im pretty sure that a EULA violation. In fact I think they either ban you or warn you for that. So, whats EBANK going to do when Ric's account get BANNED with all that isk on it. Whats going to happen to Eve Bank. LMAO, they will be the ones begging for a loan Considering it was done when he was out of town, there's no way CCP could prove that actually occurred and even if they could I'm 99% sure they wouldn't ban him for it and even if they did he'd continue running EBANK with one of his other 8 accounts and probably start a few new ones to replace that. Go troll some other forum. Purchasing and Shipping Moon Minerals
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.17 01:45:00 - [86] By the way, I still have not heard a word from EBANK about the secured loan request I made yesterday. In a few more hours I'm going to have to look elsewhere or just liquidate some stuff.... Purchasing and Shipping Moon Minerals
Amarr Citizen 155 Alternative Methods Research Group	Posted - 2008.07.17 01:52:00 - [87] Originally by: Kwint Sommer By the way, I still have not heard a word from EBANK about the secured loan request I made yesterday. In a few more hours I'm going to have to look elsewhere or just liquidate some stuff.... I'm on MSN and in-game if you need some isk. Just let me know mate, I know you're good for it. Quote: Ricdic (about starting ebank, July 2007): Think of it as a miniature EIB done right. I cannot see this getting anywhere near 700b any time in the future tbh.
Kwint Sommer Caldari Lothian Quay Industries	Posted - 2008.07.17 02:02:00 - [88] Originally by: Amarr Citizen 155 Originally by: Kwint Sommer By the way, I still have not heard a word from EBANK about the secured loan request I made yesterday. In a few more hours I'm going to have to look elsewhere or just liquidate some stuff.... I'm on MSN and in-game if you need some isk. Just let me know mate, I know you're good for it. That's very much appreciated and I may have to take you up on that but I'd like to give EBANK another two hours. Purchasing and Shipping Moon Minerals
Amarr Citizen 155 Alternative Methods Research Group	Posted - 2008.07.17 02:13:00 - [89] Originally by: Kwint Sommer Originally by: Amarr Citizen 155 Originally by: Kwint Sommer By the way, I still have not heard a word from EBANK about the secured loan request I made yesterday. In a few more hours I'm going to have to look elsewhere or just liquidate some stuff.... I'm on MSN and in-game if you need some isk. Just let me know mate, I know you're good for it. That's very much appreciated and I may have to take you up on that but I'd like to give EBANK another two hours. I think its being taken care of.How's things by the way? chat with me in game some time. Quote: Ricdic (about starting ebank, July 2007): Think of it as a miniature EIB done right. I cannot see this getting anywhere near 700b any time in the future tbh.
EBANK Ricdic Eve-Tech Savings n Loans	Posted - 2008.07.17 02:13:00 - [90] Originally by: Kwint Sommer By the way, I still have not heard a word from EBANK about the secured loan request I made yesterday. In a few more hours I'm going to have to look elsewhere or just liquidate some stuff.... All done Kwint along with an evemail. Sorry about the delay

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