Nairaland Forum

pappilo: I was furious First Bank only offered 91 day bills and when I complained that their COT charges will be prohibitive if I kept rolling over 91 day bills, my friend who works there explained that COT wasnt charged on money leaving your account to buy securities, fixed deposit e.t.c.

Your friend is mistaken. COT isn't charged on money used to buy fixed deposit because the money doesn't actually leave the bank, but it's charged for tbills because the money leaves the bank.

straneur: God bless you, you are a smart person. I don't know why people think organization like yahoo would just buy a company without critical analysis. It is a calculated risk, people said the same thing when google bought youtube where Mayer was working before but who is talking now.

If the oga on top of any organisation really wants to buy a company, her minions will find ways to justify the acquisition. This does not imply that it's the best use of the organisation's funds. I can't claim to know better than Marissa Mayer, of course. She may be right. But if I owned yahoo shares I would feel that the value of my shares have been reduced proportionately.

straneur: 100 million users and 90 million post per day and yet you think Marrisa Mayer doesn't know what she is doing? She explained that the idea is to strengthen their ad tech. I agree its over price but the possibility is endless.

Hmm. I don't doubt that she knows exactly what she is doing (trying to make Yahoo cool) but I doubt that its the best way that they could have spent 1.1bn dollars to grow their business. I doubt that this acquisition will generate more than 1.1bn in value on the long run.

False. He did not say most of these things.

I don't like Mrs Mayer's recent decisions because they seem to be mistakes:
1) banning telecommuting.
2) buying that boy's worthless but hyped company.
3) buying tumblr for 1.1 billion dollars.

I guess they could generate a lot of money by placing their ads on tumblr blogs, but their ad tech isn't very good; they would be better off putting google ads on those tumblr blogs.

bump

What's her name?

Sorry. I'll look into this.

Thank you all for sharing your opinions on this thread.
I am confident that OAM4J, Afam4eva, and Sexkillz will do a great job regardless of what people say about them.

Caracta: Why not, "sexkillz is the new politics section moderator. He is also in charge of fighting tribalism on Nairaland"?

Sexkillz is the new politics section moderator. He is also in charge of fighting tribalism on Nairaland.

I certainly did not remove him. He asked to be removed and suggested a replacement.

Don't we have another thread on this exact topic already? This thread should probably be locked and linked to that one.

sexkillz is a moderator. He is also in charge of fighting tribalism on Nairaland.

Dear Nairaland Members,

Ikenna351 has decided to step down from his role as the anti-tribalism chief of Nairaland so he can concentrate on the Car Talk section, which is his true passion. He also recommended sexkillz as his replacement. Fortunately, sexkillz was interested in the role, so I have placed him in charge of Nairaland's war against tribalism.

I thank Ikenna351 for fearlessly battling the menace of bigotry, and I also thank Sexkillz for his decision to take over this battle.

Best regards,
Seun Osewa.