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Career / Re: Are Second Class Lower Graduates Still Relevant In Our Society? by mitofag: 1:29pm On Sep 16, 2011 |
Sagamite: Roflmao. What a clown. At least I didnt drop out of OAU? Yoruba talk oruko to ba wuni laa je leyin odi. Fagamiteeeeeeeeeeeee dey claim intellectual god for London when he couldn't even crack common OAU? Keep building lies for that you lack and that you wish you could be. Ten years from now you will still be in the hood while yours truly would be living in some of the most affluent suburbs around. Don't hate me, hate the bad gene you got from your illiterate parents. Lol |
Business / Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 3:02am On Sep 16, 2011 |
buzugee: Not true. [size=18pt]Rogue traders have tried to defend themselves by saying their colleagues were doing the same things, or their bosses secretly encouraged them to swing for the fences with the bank’s money[/size]. Societe General trader Jérôme Kerviel promised to expose a culture of crazy risk-taking at the French bank when he was prosecuted for losing $6 billion on an illicit $60 billion gamble on futures. Also: That’s how it goes on the trading desk. Nicholas Leeson, [size=18pt]who was sentenced to six-and-a-half years in prison for causing the collapse of the 233-year-old Barings Bank in 1995[/size], told reporters last year that he was disgusted that executives like former RBS Chairman Sir Fred Goodwin didn’t get the same treatment. Verdict: Buzugee is a liar; lying in order to get into I**** G**'s pants. |
Business / Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 2:37am On Sep 16, 2011 |
Sympathy for him as well. He looks like a nice kid Awesome lifestyle though. Enough White chicks. After prison, he can go back to dating black chicks. What a pity. |
Business / Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 2:25am On Sep 16, 2011 |
okada_man: Talk about art imitating real life abi na the other way round? LOL. |
Business / Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 2:22am On Sep 16, 2011 |
Ola one: He lives in a 1000 pounds a week loft. Owo Abu? Who go collect am? |
Business / Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 1:38am On Sep 16, 2011 |
^^^ Hey Professor, Chrisland no be cheap school like that ooooo. lol |
Business / Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 1:32am On Sep 16, 2011 |
okada_man: Much more complicated than that. It was an unauthorized trade that he made. I see prison in his very near future. From a very expensive boarding school to prison. Life is a bytch, I tell ya |
Politics / Re: Apga Set To Sweep Lagos Councils Election As Okorocha Storms Lagos by mitofag: 1:22am On Sep 16, 2011 |
alj_harem: I dont think God can do this. Only Charles Darwin IMO can pull it off. And maybe Boko Haram. lol |
Politics / Re: Apga Set To Sweep Lagos Councils Election As Okorocha Storms Lagos by mitofag: 1:19am On Sep 16, 2011 |
macjive01: No kill me with laugh jare. Festac ko, eleweran ni. |
Politics / Re: Apga Set To Sweep Lagos Councils Election As Okorocha Storms Lagos by mitofag: 1:11am On Sep 16, 2011 |
[size=18pt]ROFLMAO[/size] It is time you drop the crack pipe and face reality. But hey, whatever makes sleep well. lol |
Politics / Re: Northern Nigerians Are Generals In Ghaddafi's Libyan Army. Lol by mitofag: 12:54am On Sep 16, 2011 |
South-East: Professor don blow grammar again ooooooo Na by force to speak 'Ungrish" ROFLMAO Nigeria here is a collective noun, and the verb that follows should be plural, not singular. As used here, Nigeria means the PEOPLE OF NIGERIA, No? Professor, in what language do you teach your students? Sign language or Ibo? |
Politics / Re: Northern Nigerians Are Generals In Ghaddafi's Libyan Army. Lol by mitofag: 12:51am On Sep 16, 2011 |
Professor, Kedu? |
Politics / Re: Ijaws Attack Binis Over Ownership Of Gelegele Land In Edo State by mitofag: 12:49am On Sep 16, 2011 |
ChinenyeN: What? Alj Harem knows everything Whatchu talking about. He is God |
Business / Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 12:34am On Sep 16, 2011 |
^^^ Somehow, I wish he was Nigerian. |
Career / Re: Are Second Class Lower Graduates Still Relevant In Our Society? by mitofag: 12:33am On Sep 16, 2011 |
detriot007: If you want to work in Nigeria, I say yes. That said, it doesnt matter what you decide to do, the fact that you have a foreign degree puts you in a good position to negotiate how you want to be treated in Nigeria. A 2:2 from a UK university is better than a First Class from any Nigerian university. You can quote me anyday. Congrats for completing your education. The World, especially Nigeria, is now your oyster |
Family / Re: Your Mom Of 58 Years Old by mitofag: 12:20am On Sep 16, 2011 |
tpia@: you would know of course |
Family / Re: Your Mom Of 58 Years Old by mitofag: 12:15am On Sep 16, 2011 |
tpia@: What is your problem old hag? Stop living your fantasies through someone else's aspirations Your life is over and you will never be able to go back to school. Tpia, IT IS OVER FOR you. Just do us a favor, crawl to the nearest corner and DIE. DIE, DIE, DIE IJN Tpia. You will be hit by a truck tomorrow, makes sure to say your last prayer tonight, |
Education / Re: Public School Boy Scores 310 In UTME & 75% In Post UTME by mitofag: 12:00am On Sep 16, 2011 |
apocalypse: You are a big ediot? You expect DK to come here and start revealing someone's private information? You think he is as stupiddd and insecure as you. Why dont you reveal more info about yourself. ediot. Alailekolori oloshi |
Business / Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 11:51pm On Sep 15, 2011 |
I need a miracle: rogue trader Kweku Adoboli who lost UBS £1.3bn [size=18pt]Kweku Adoboli, a 31-year old City trader at UBS, suspected of carrying out Britain’s biggest banking fraud was arrested at his desk after posting an internet message saying: “I need a miracle.[/size] Kweku Adoboli, the 31-year-old UBS trader who has been arrested in connection with rogue trading at the Swiss bank Mr Adoboli is alleged to have lost £1.3 billion before his bosses at the Swiss-based investment bank UBS discovered the rogue trades. The scandal wiped £4 billion off the value of shares in UBS, affecting thousands of pensioners whose funds had invested in the company. It also shook City workers who thought banks had eliminated such risks following the case of Jérôme Kerviel, the Paris-based Société Générale worker who lost £4 billion in 2008. Mr Adoboli was held at 3.30am yesterday at UBS’s Finsbury Avenue office in London after the firm contacted City of London Police at 1am when the alleged fraud was uncovered. Five infamous rogue traders 15 Sep 2011 UBS trader helps justify ring-fencing of 'casino' banks 15 Sep 2011 UBS rogue trader: email to staff in full 15 Sep 2011 UBS hit by $2bn rogue trade: market reaction 15 Sep 2011 UBS: profile of a bank in crisis 15 Sep 2011 Debt crisis: live 15 Sep 2011 Last night he was being questioned on suspicion of fraud and abuse of position. [size=18pt]The Ghanaian-born banker, a graduate of Nottingham University, works as a “market maker”, advising clients on the prices at which they should buy and sell shares or other assets.[/size] Exactly how he is alleged to have racked up such huge losses is unclear. The bank’s £1.3 billion loss compares with £827 million lost by Nick Leeson in 1995, which caused the collapse of Barings Bank. Mr Adoboli’s father John, a retired United Nations employee, said from his home in Tema, Ghana, that his son had made “a mistake or wrongful judgment”. He said: “We are all here reading all the materials and all the things being said about him. The family is heartbroken because this is not our way of life. “I brought them up to be God-fearing and to appreciate decency. Growing up and through to school days they were very brilliant and respectful.” Mr Adoboli was educated at the £19,635-per-year Ackworth boarding school near Pontefract, West Yorks, and is described as a “computer whiz” by friends. Neighbours said he had been working long hours recently, often at night, and rarely seemed to be at his east London home. Before he was arrested, he had changed his status on his Facebook page to “I need a miracle”. The loss uncovered by UBS is almost exactly the same amount the bank was trying to save by cutting 3,500 jobs from its worldwide empire. The bank insisted none of its clients had lost money as a result of the trades, but City analysts said UBS could suffer “significant reputational damage”. Louise Cooper, of BGC Partners, said: “Rich people tend not to want to do business with a bank where there are questions over risk control.” The bank said the unauthorised trades could lead to it losing money in the third quarter of the year. Oswald Gruebel, UBS’s chief executive, described the loss as “distressing” and said he “will spare no effort to establish how it happened”. [size=18pt]Mr Adoboli, who until recently lived in a £1,000-a-week loft apartment in the City, is described by friends as “a really relaxed, happy guy”.[/size] Recently, however, he had spoken to friends about the pressures of working in the City following the financial downturn, describing it as a “fight”. In a statement, UBS said: “UBS has discovered a loss due to unauthorised trading by a trader in its investment bank. “The matter is still being investigated, but UBS’s current estimate of the loss on the trades is in the range of $2 billion. It is possible that this could lead UBS to report a loss for the third quarter of 2011. No client positions were affected.” Mr Adoboli’s arrest came on the third anniversary of the collapse of Lehman Brothers, seen as the pivotal moment in the worldwide banking crisis. UBS was one of the banks which had to bailed out at the height of the banking crisis, accepting help from the Swiss government because of its “toxic” assets in 2008. In the same year it was accused by the FBI of helping clients to evade tax, and agreed to pay a fine of $780 million (£493 million). UBS employs 6,000 people in the UK and 65,000 worldwide. Its staff were told about the alleged fraud in a round-robin email yesterday morning. The news brings into question the role of the Financial Services Authority, which failed to spot the unauthorised trades despite regulations which require banks to monitor their employees’ trading positions on an hourly basis. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8767089/I-need-a-miracle-rogue-trader-Kweku-Adoboli-who-lost-UBS-1.3bn.html |
Education / Re: Public School Boy Scores 310 In UTME & 75% In Post UTME by mitofag: 7:06pm On Sep 15, 2011 |
Kini big deal why did this make the front page? |
Business / Re: Segun Aganga Attacked For Helping Indian Car Manufacturers by mitofag: 2:01pm On Sep 15, 2011 |
Demdem: That's like committing suicide. I'd question his judgment if he did that. |
Career / Re: Are Second Class Lower Graduates Still Relevant In Our Society? by mitofag: 1:52pm On Sep 15, 2011 |
It matters not how we got here, the most important thing is that we are here. And this is what we have to deal with. |
Business / Re: Segun Aganga Attacked For Helping Indian Car Manufacturers by mitofag: 6:00am On Sep 15, 2011 |
Good call Aganga! Who wan die from Ibo made. We are still recovering from their fake medicine |
Politics / Re: Oshiomole Ordered The Arrest Of A Retired General Live On TV by mitofag: 4:45am On Sep 15, 2011 |
lagcity: Imagine what would happen if we had state police? |
Politics / Re: Obasanjo Was A Workaholic: Nearly Died Of Diabetes In 2005 - Atiku by mitofag: 3:45am On Sep 15, 2011 |
Basics007: I doubt OBJ actually went into diabetic coma. Atiku prolly was just exaggerating for effect. |
Politics / Re: Oshiomole Ordered The Arrest Of A Retired General Live On TV by mitofag: 3:19am On Sep 15, 2011 |
Jenifa_: Assassination over what? When was the last time someone got assassinated over something as trivial as this All this diasporans sha. dem don lost tey tey |
Politics / Re: Oshiomole Ordered The Arrest Of A Retired General Live On TV by mitofag: 3:12am On Sep 15, 2011 |
Beaf: Na your papa language? I am not smart because I called it Queen's language instead of Queen's English? What a clown Begging the question ediot. ROFLMAO |
Politics / Re: Ijaws Attack Binis Over Ownership Of Gelegele Land In Edo State by mitofag: 2:45am On Sep 15, 2011 |
seanet02: What "kyne" English be that. Naija English sha. I am ashamed. And this guy here graduated from UI, our best university. ROFLMAO |
Politics / Re: Ijaws Attack Binis Over Ownership Of Gelegele Land In Edo State by mitofag: 2:37am On Sep 15, 2011 |
^^^^ You are the biggest tribalist around |
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