Wazua
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Chase Bank loss...another case of cooking the books?
Rank: Veteran Joined: 12/4/2009 Posts: 1,982 Location: matano manne
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The usual shenanigans aka afrocinema in the making from our beloved senators! Opus' days ahead will be rocky. The drama begins
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Rahatupu wrote:The usual shenanigans aka afrocinema in the making from our beloved senators! Opus' days ahead will be rocky. The drama begins this so called parliament or senate committees many times comprise of lay people who purport to be professionals in everything. lords of impunity want status quo...very sad indeed...i wish all those committees can be disbanded and their allowances used to pay private consultants and credible professional bodies "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 1/14/2016 Posts: 12 Location: here and there
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Ric dees wrote:Years ago I lost cash at Nyaga Stockbrokers and I hoped to recover my money but never saw a cent. Lesson Numero Uno. A few years later I was holding a portfolio at NSE and I pestered my broker day and night to buy me Uchumi shares which for some reason could not get.One morning out of the blue, shares were found which I instructed him to acquire and the next day Uchumi crashed, we all can guess what happened. Lesson Numero dos and certainly this was the last Its fascinating reading all this stuff from arm-chair finance gurus, google students and the latte sipping crowd about what really happened at Chase Bank. Terms like "Qualified Opinion", "NPLs", "Receivership" etc have come to the fore. How many people used to watch Kiini Mach them days. Now this is the real deal... How many know what really happened to PN at EQ? Why was he pushed out? (Clue 1) Who wrote the anonymous letter to CBK about hands in the cookie jar and why (Clue 2) Who is the chairmans husband? Partner at which Big 4? Who is his best friend? (Clue 3) What happened to CO at KCB? (Clue 4) Now the talk is all about Tier 1 banks - another big joke. https://drive.google.com...k/view?pref=2&pli=1
Mimi nilkaangwa nikiwa kijana nikakanngika, nikaangwe tena nikiwa mtu mzima kwani niko na kichaa? I was a Chase bank Client and loved the online portal, excellent customer service and more, I got the "exit" notification some time last month and duly moved my exposure to Stanchart where I strategise what next. Kenya is a captive state, let those who understand this understand. As one Moi insider told me at Mt Kenya Safari club 2 years ago "Kenya iko na wenyewe" and I will add this IF YOU ARE NOT AT THE TABLE, YOU ARE ON THE MENU Kazi iendelee..pun intended. what is PN at EQ! Who is CO at KCB please enlighten me.
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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@ricdees-I think the diaspora angle has some truth to it (too straight for the kenyan market), but why did PN stick it out for so long and risk his reputation given he has plenty back where he came from? i think you left out the f re kcb, sivyo? Kusema ukweli, apart from maybe dtb, there are few banks you can bank on in 254 Sehemu ndio nyumba
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ric dees wrote:Years ago I lost cash at Nyaga Stockbrokers and I hoped to recover my money but never saw a cent. Lesson Numero Uno. A few years later I was holding a portfolio at NSE and I pestered my broker day and night to buy me Uchumi shares which for some reason could not get.One morning out of the blue, shares were found which I instructed him to acquire and the next day Uchumi crashed, we all can guess what happened. Lesson Numero dos and certainly this was the last Its fascinating reading all this stuff from arm-chair finance gurus, google students and the latte sipping crowd about what really happened at Chase Bank. Terms like "Qualified Opinion", "NPLs", "Receivership" etc have come to the fore. How many people used to watch Kiini Mach them days. Now this is the real deal... How many know what really happened to PN at EQ? Why was he pushed out? (Clue 1) Greener pastures given succession is not possible at EQWho wrote the anonymous letter to CBK about hands in the cookie jar and why (Clue 2) PN, the goose had come out to roost, the rug was pulled off his feetWho is the chairmans husband? Partner at which Big 4? Who is his best friend? (Clue 3) ??What happened to CO at KCB? (Clue 4) and EQ? why jump around so much?Now the talk is all about Tier 1 banks - another big joke. https://drive.google.com...k/view?pref=2&pli=1
Mimi nilkaangwa nikiwa kijana nikakanngika, nikaangwe tena nikiwa mtu mzima kwani niko na kichaa? I was a Chase bank Client and loved the online portal, excellent customer service and more, I got the "exit" notification some time last month and duly moved my exposure to Stanchart where I strategise what next. Kenya is a captive state, let those who understand this understand. As one Moi insider told me at Mt Kenya Safari club 2 years ago "Kenya iko na wenyewe" and I will add this IF YOU ARE NOT AT THE TABLE, YOU ARE ON THE MENU Kazi iendelee..pun intended. Am also following another mill but i'll have to verify something 1st "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 8/17/2007 Posts: 294
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Mainat wrote:@ricdees-I think the diaspora angle has some truth to it (too straight for the kenyan market), but why did PN stick it out for so long and risk his reputation given he has plenty back where he came from?
i think you left out the f re kcb, sivyo?
Kusema ukweli, apart from maybe dtb, there are few banks you can bank on in 254 DTB? this is where we go wrong. we fall for color and glamour. its board is 100% Indian. what do they have to hide?
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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instinct wrote:Mainat wrote:@ricdees-I think the diaspora angle has some truth to it (too straight for the kenyan market), but why did PN stick it out for so long and risk his reputation given he has plenty back where he came from?
i think you left out the f re kcb, sivyo?
Kusema ukweli, apart from maybe dtb, there are few banks you can bank on in 254 DTB? this is where we go wrong. we fall for color and glamour. its board is 100% Indian. what do they have to hide? Nothing...why are you stereotyping??? possunt quia posse videntur
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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instinct wrote:Mainat wrote:@ricdees-I think the diaspora angle has some truth to it (too straight for the kenyan market), but why did PN stick it out for so long and risk his reputation given he has plenty back where he came from?
i think you left out the f re kcb, sivyo?
Kusema ukweli, apart from maybe dtb, there are few banks you can bank on in 254 DTB? this is where we go wrong. we fall for color and glamour. its board is 100% Indian. what do they have to hide? I will never touch that DTB bank with a pole vault! A bank owned mojorly by one shareholder, the Hindi Aga Khan, I think. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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maka wrote:instinct wrote:Mainat wrote:@ricdees-I think the diaspora angle has some truth to it (too straight for the kenyan market), but why did PN stick it out for so long and risk his reputation given he has plenty back where he came from?
i think you left out the f re kcb, sivyo?
Kusema ukweli, apart from maybe dtb, there are few banks you can bank on in 254 DTB? this is where we go wrong. we fall for color and glamour. its board is 100% Indian. what do they have to hide? Nothing...why are you stereotyping??? This is not stereotyping nor fallacy. It is the truth in the public. Indians are experienced shafters from Goldenburg International to JKIA duty free shops and the buck stops at brother Paul Kamlesh Patni camouflaging sheep skin in the church. Caveat: Kama ameokoka ya ukweli sawa. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 11/5/2010 Posts: 2,459
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Ric dees wrote:Years ago I lost cash at Nyaga Stockbrokers and I hoped to recover my money but never saw a cent. Lesson Numero Uno. A few years later I was holding a portfolio at NSE and I pestered my broker day and night to buy me Uchumi shares which for some reason could not get.One morning out of the blue, shares were found which I instructed him to acquire and the next day Uchumi crashed, we all can guess what happened. Lesson Numero dos and certainly this was the last Its fascinating reading all this stuff from arm-chair finance gurus, google students and the latte sipping crowd about what really happened at Chase Bank. Terms like "Qualified Opinion", "NPLs", "Receivership" etc have come to the fore. How many people used to watch Kiini Mach them days. Now this is the real deal... How many know what really happened to PN at EQ? Why was he pushed out? (Clue 1) Who wrote the anonymous letter to CBK about hands in the cookie jar and why (Clue 2) Who is the chairmans husband? Partner at which Big 4? Who is his best friend? (Clue 3) What happened to CO at KCB? (Clue 4) Now the talk is all about Tier 1 banks - another big joke. https://drive.google.com...k/view?pref=2&pli=1
Mimi nilkaangwa nikiwa kijana nikakanngika, nikaangwe tena nikiwa mtu mzima kwani niko na kichaa? I was a Chase bank Client and loved the online portal, excellent customer service and more, I got the "exit" notification some time last month and duly moved my exposure to Stanchart where I strategise what next. Kenya is a captive state, let those who understand this understand. As one Moi insider told me at Mt Kenya Safari club 2 years ago "Kenya iko na wenyewe" and I will add this IF YOU ARE NOT AT THE TABLE, YOU ARE ON THE MENUKazi iendelee..pun intended. That is deep bro, very deep. I got the feeling you have the full picture but you'd want us to join the dots ourselves. One more thing, you got your exit notice in time. Bro you have found your way to the table.
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Chase Bank loss...another case of cooking the books?
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