₦airaland Forum

Chei, triple posting. This spambot is useless.

Sure, a lot of people who contract HIV go on a revenge spree but it's clear this particular story is a cock and bull story. There are different versions of this story on the net.

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all these things are subjective and they all appeal to some social sentiments that will not thrive under no economic setting except under a regime in China or Korea.

I don't see how an obvious observation that an activity could be simultaneously under-regulated and socially useless be deemed an anathema to a capitalist society.

I dont know what you mean by what is socialy responsible in the issuance of a CDO but i know a CDO will not exist if there are no underlying asset that is backing it up.

Sure, the value of a CDO is derived from the loans that compose it, however, that is besides the point. If I run a gambling firm that allows betting on football games, the fact that each bet is based on something, a football game, doesn't make such gambling socially useful.

CDOs and other instruments are tools banks have been using for close to a decade now and why is the noise about the crash getting a lot deeper than it should.

It could be the small matter of the catastrophic costs of unregulated speculation using these derivatives - £850bn in Britain's case

Are the bankers the only people that witnessed downturns in their activities recently?
what happened to car manufacturers? what about oil moguls? have we forgotten about the dot.com bubble?

That's like comparing a major earthquake to a mere thunderstorm. The downturns in these other sectors pale in significance, there's simply no comparison. In fact, in regard to oil, the run up in oil prices in 2007 is partly a result of leveraged speculation in the futures market. Again, blame bankers.

Oh i agree, the bankers got bailed out ! Cool, you have to just bail them out or switch totally to a socialist state where the govt becomes the solitary allocator of the damned resources.

What we have now is major state intervention in private companies because of bankers' misdeeds, how does that further your argument.

If you still trust us to make you rich, if you still wanna ride a car you cant afford, live in a house you cannt pay for, or plan for tomorrow with you lean and meagre resources, then bailing us out can only make sense like the coming again of Jesus!

Wetin this one dey talk?  We are talking of highly sophisticated financial products in developed countries which do not aid economic growth and a Nigerian banker is talking. I don't know whether they even use Direct Debits in that blighted country. 

The overall question is to what purpose all these kinds of trading foster economic growth. It's mere gambling, except that unlike people gambling on say football, the consequences of such gambling on derivatives going awry is catastrophic for society at large. In effect, the profits are privatised by the bankers and the losses borne by society.

The notional value of the derivatives market at the end of '07 was nearly $600 trillion. This has to be curbed as negative externality as it has little meaningful social value.

Accident pictures? TheSeeker had to hire James Cameron and use full Hollywood special effects to pull off this scam. Most expensive scam ever.

I don't even know what this thread is about.

TheSeeker has yet to come and defend himself. His silence speaks volumes.

The Sly:
When is 24, Season 8 coming out?
I would love to see The Seeker Jack Bauer in action again.

Damn. . . .See muscle. . . . .Is he working in a Lebanese owned factory?
6packs self dey. . . .Guy i envy you oh.

The guy dey like those cement lifters. UCLA cement factory, of course.

What is TheSeeker seeking?

(a) Plat's toto

(b) Plat's money

(c) Plat's toto and Plat's money


Tope2000, spokesperson for Plat, please answer.

OMO IBO:
Nope, You guys are getting something wrong.

Plat had a boy friend in Nigeria.
PH to be precise.

FYI fellas, I be PH boy.

There is no way in hell Theseeker would've been Plat's boy friend.

i remember plat posting a picture of her supposed boy freind when she went to Nigeria and guess what, this Theseeker guy does not look anything like him

The PH guy was the bit on the side. TheSeeker was her main partner. Smart girl.

[quote author=TOPE2000! link=topic=366436.msg5113319#msg5113319 date=1260829830]she was single b4 theseeker, she wasnt 2-timing [/quote]Okay, at what point did she finish with the Naija boyfriend and when did her rompy pumpy with the LA based TheSeeker start?

mukina2:
Ok , he said he told you to create it on crime and that you should make sure it does not get out of hands.

moving to crime in 5 seconds

Leave am, this is politics. Bedroom politics. This is where it rightfully belongs.

OMO IBO:
but Plat apparently has a boyfriend in Nigeria.

So she was 2 timing?   Had a boyfriend in Naija but still romping with TheSeeker in LA    

Picture graced the cover of Cosmopolitan and Playgirl. You girls are just jealous of Plat for bagging a hot guy.

chinesedoll:
so Sauron If he took that pics in the Library
where then did he take dis one?

Maybe it's his 'sexy' body that got Plat weak.  

platinumnk:
Yes I did. We talked this morning.

Talked? Exchanged numbers already?  

@Plat

Don't mind these haters. You clearly bagged a loaded guy. That guy is a multi-millionaire and won the X-Factor 2 years ago. You go girl!

SuRiUno:
Some lazy people see it as a way of life.

Ladies and gentlemen, from the great land of Scamville, I introduce to you, TheSeeker!!!!!!

Plat has a right to remain silent.   TheSeeker hasn't bothered to defend himself so the accusations stand until rebutted.

debosky:
There's one thing I need you to explain Plat - how on earth will UPS send something to NIGERIA of all places and not pre-charge you for delivery?

How can you 'print a shipping label and send documents' without payment?   You claim you only knew after UPS brought a letter to your office? So they let you send a letter without payment?  

Like I said, there's more to this than meets the eye

Inspector Columbo, tell them.

Can TheSeeker please defend himself? I heard he's gone off to wash a stack of old dirty women's panties.

[quote author=TOPE2000! link=topic=366436.msg5112944#msg5112944 date=1260826763]Sauron ooooooooo
dnt annoy me ooo. Will u stop saying UCLA? The by has never been to the airport b4 abeg[/quote]There is a UCLA in Anambra.

platinumnk:
yes I was agree . .  I so was covering my face

Got to love this.

[quote author=TOPE2000! link=topic=366436.msg5112855#msg5112855 date=1260826093]I must say i love the way toyin act mature on this thread

@Post
THE SEEKER, I KNEW THERE WAS SOMETHING FISHY ABY THAT SOB
Men agreeing to wash his gf's panties are all suspect [/quote]Obosky washes women's panties, does that make him suspect?

H2O2:
nah wah ooo

bitches will ruin your life

Not as much as scammers.

Trophies are so old fashioned. It's running around in circles with fancy footworks that gayners watch football for.

FL Gators:
Can you see yourself?

Instead of working, you're asking a woman to send you money. .  . . Anywayz, I've sent it, when can I get my money back?

Sent wetin, my account is still showing -£500.00. You sure you sent any money? Send it again.

michelin89:
Make me sef post my own side of the story?

He tried to dupe you too?

FL Gators:
Your own is next. . . .

Where is my $500 that I sent to your account? You said you were going to pay me back  

It's a high interest bearing account. However, in order to cash it, you need to pay a processing fee of $50. Just send me the $50.00 and I will return your $500.00 with interest.

UCLA is an acronym for Umunnachi Community Learning Academy. DYOR

Pharoh:
This is a very good news to concerned citizens of Nigeria.

I feel very much relieved now with this prognosis. Who needs doctors, eh?

FL Gators:
LOL Did I fall for yours when you came on my YIM begging for my hand in marriage?

Shush. . it's supposed to be a secret.

It's a good idea to expose these people. Hope this is not a false alarm.