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Seun's Posts

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InvestmentRe: Treasury Bills In Nigeria by Seun(mod): 7:12pm On May 24, 2013
Tassembly: Last year,i went to my gtb branch oba akran to make this inquiry ,all they were saying is 1million for startup, this year again in april,i went to 2 gtbanks,at ikeja and secetariat,they told me the same thing,pls throw more light about how you get gtb to buy half a million for you.
You should ask him which branch of GTBank he bought the tbills through. It's possible that some branches are simply more accommodating.
Christianity EtcLightning Strikes: Science vs Religion! by Seun(mod):
Not so very long ago, lightning was considered a sign of God's wrath. If you were hit, you were a sinner. Lightning and thunder were the most palpable manifestations of the angry God of the Old Testament, violent and vengeful. The "God-fearing" community thought there was intent behind lightning, they ascribed a conscious purpose to a random process. And lightning is scary as hell, so that was constant reinforcement.

So, when Franklin invented the lightning rod, he immediately came up hard against the religious community. They hated this idea, and they said it was bullshit, that if you were a sinner, God was going to strike you whether you put a metal stick on your house or not. This was a huge controversy, with tremendous argumentation back and forth.

But, well, lightning rods work. Buildings with rods didn't get struck; buildings without, did. And the conflict was finally settled, once and for all, when a church somewhere in Spain was struck by lightning, setting off explosives that were stored underneath, leveling the town and killing most of the people in it. Churches had been thought to be the safest place to store dangerous things, because God would protect them there, and well, a lot of people paid with their lives for that decision -- while whorehouses, sporting the fashionable new lightning rods, never got hit.

It was the first really large conflict between science and religion, where religion made one prediction, and science made a different one.

Science -- and the prostitutes who believed in it -- won.
Source
TV/MoviesRe: Game Of Thrones Discussion (Beware Of Spoilers) by Seun(mod): 4:22pm On May 23, 2013
I'm sorry that we failed to protect show watchers from the spoiler.
Our failure is even more shameful because a moderator actually saw the post within 4 minutes and still we did nothing.
BusinessRe: Guaranty Trust Bank: More Branches Needed? by Seun(mod): 2:55pm On May 23, 2013
Your should share your girlfriend's experience in a new thread with all the important details so we can learn from her experience.
Technology MarketRe: Apple Macbook Pro (Retina) Corei7,8GB,256GB SSD by Seun(mod): 11:22am On May 23, 2013
Any warranty?
InvestmentRe: How Good Are Fixed Deposits? by Seun(mod): 9:27pm On May 22, 2013
cometozizo: Access Bank pays d highest about 14% ,you can visit any of their nearest branch to enquire .
It's not as safe as FGN securities, though.
PoliticsRe: Building On Weekends & Public-Holidays Banned In Lagos by Seun(mod):
The correct solution is to do inspections all the time, regardless of holidays or weekends.
HealthRe: Why? by Seun(mod): 7:00pm On May 22, 2013
Dont talk to "Nigerians". Talk to a few doctors. They tend to know a lot about these health things.
InvestmentRe: Treasury Bills In Nigeria by Seun(mod): 3:02am On May 22, 2013
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.
WebmastersRe: Yahoo Buys Tumblr For $1.1 Billion by Seun(mod): 9:02pm On May 20, 2013
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.
WebmastersRe: Yahoo Buys Tumblr For $1.1 Billion by Seun(mod): 8:55pm On May 20, 2013
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.

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