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Chase Bank loss...another case of cooking the books?
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Sober
#101 Posted : Thursday, April 07, 2016 8:26:23 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
maka wrote:
someone post the CBK notice ...receivership


I dont know how to post images so have a look at this link...

Chase bank under receivership
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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watesh
#102 Posted : Thursday, April 07, 2016 8:26:57 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 957
Location: Kenya
And jana they were saying it is just rumors

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Lolest!
#103 Posted : Thursday, April 07, 2016 8:27:49 AM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
obiero wrote:
only KCB & COOP are safe in my view. strictly from corporate governance point of view.. ask Helios why they devisted from EBL

What about Stanchart?
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Cornelius Vanderbilt
#104 Posted : Thursday, April 07, 2016 8:29:28 AM
Rank: Member


Joined: 8/15/2015
Posts: 817
time to move all monies to goverment banks . waoi! hata sasa offshore secret bank accounts are viable and safer , lol
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maka
#105 Posted : Thursday, April 07, 2016 8:33:53 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Seems everybody is here....Good Morning.
possunt quia posse videntur
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alma1
#106 Posted : Thursday, April 07, 2016 8:40:41 AM
Rank: Elder


Joined: 9/19/2015
Posts: 2,871
Location: hapo
This bank was brought down by chocho media harlots eg Nyakundi.

When will Kenyan companies learn that they need reputation managers online to deal with such rumors. Not the usual PR companies or social media companies. Hardcore reputation managers who can as Impunity said "send sperm" to competitors?

Very sad indeed.
Thieves are not good people. Tumeelewana?
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alotoftalk
#107 Posted : Thursday, April 07, 2016 8:41:34 AM
Rank: Member


Joined: 8/27/2015
Posts: 138
Location: Harare
That's alot of deposits locked down. SMEs, the directors and clients of Genghis Capital are in for a long shit storm.

Plus a real knock on the confidence of international investors including AfDB, Amethis, DEG, Responsability Investments etc.

The lesson is that banking is a trust business..watch all the other small banks die or get acquired in the coming few months.
Investment philosophy development in progress...
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digitek1
#108 Posted : Thursday, April 07, 2016 8:41:41 AM
Rank: Veteran


Joined: 2/3/2010
Posts: 1,797
Location: Kenya
this includes rafiki dtm?
I may be wrong..but then I could be right
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alotoftalk
#109 Posted : Thursday, April 07, 2016 8:43:18 AM
Rank: Member


Joined: 8/27/2015
Posts: 138
Location: Harare
alma1 wrote:
This bank was brought down by chocho media harlots eg Nyakundi.

When will Kenyan companies learn that they need reputation managers online to deal with such rumors. Not the usual PR companies or social media companies. Hardcore reputation managers who can as Impunity said "send sperm" to competitors?

Very sad indeed.


Not only PR but also a blackhat who can hack such bloggers before things get out of hand.
Investment philosophy development in progress...
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Mainat
#110 Posted : Thursday, April 07, 2016 8:44:12 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Dude,
You couldn't be more wrong...

Cornelius Vanderbilt wrote:
time to move all monies to goverment banks . waoi! hata sasa offshore secret bank accounts are viable and safer , lol

Sehemu ndio nyumba
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maka
#111 Posted : Thursday, April 07, 2016 8:49:26 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
alotoftalk wrote:
alma1 wrote:
This bank was brought down by chocho media harlots eg Nyakundi.

When will Kenyan companies learn that they need reputation managers online to deal with such rumors. Not the usual PR companies or social media companies. Hardcore reputation managers who can as Impunity said "send sperm" to competitors?

Very sad indeed.


Not only PR but also a blackhat who can hack such bloggers before things get out of hand.


There is a bigger issue in this matter...
possunt quia posse videntur
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alma1
#112 Posted : Thursday, April 07, 2016 8:56:31 AM
Rank: Elder


Joined: 9/19/2015
Posts: 2,871
Location: hapo
maka wrote:
alotoftalk wrote:
alma1 wrote:
This bank was brought down by chocho media harlots eg Nyakundi.

When will Kenyan companies learn that they need reputation managers online to deal with such rumors. Not the usual PR companies or social media companies. Hardcore reputation managers who can as Impunity said "send sperm" to competitors?

Very sad indeed.


Not only PR but also a blackhat who can hack such bloggers before things get out of hand.


There is a bigger issue in this matter...


Maka call me paranoid but I think this bank was going to survive.

It's not the first time that a board has resigned because of poor results. It's supposed to happen that way.

It's not the first time that loses have been made.

This bank just went topsy turvy when chocho media rumors went on overdrive.

Some of the posts were simply "I have withdrawn my money from the bank"

I don't care which bank you are, if you don't nip such upus quickly, you shall not meet your liquidity ratio in the evening.

Unless you are saying there's a guy who's going to court soon for robing the depositors.
Thieves are not good people. Tumeelewana?
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watesh
#113 Posted : Thursday, April 07, 2016 8:57:17 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 957
Location: Kenya
So which bank is next on the chopping board?
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Spikes
#114 Posted : Thursday, April 07, 2016 9:00:01 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
alma1 wrote:
maka wrote:
alotoftalk wrote:
alma1 wrote:
This bank was brought down by chocho media harlots eg Nyakundi.

When will Kenyan companies learn that they need reputation managers online to deal with such rumors. Not the usual PR companies or social media companies. Hardcore reputation managers who can as Impunity said "send sperm" to competitors?

Very sad indeed.


Not only PR but also a blackhat who can hack such bloggers before things get out of hand.


There is a bigger issue in this matter...


Maka call me paranoid but I think this bank was going to survive.

It's not the first time that a board has resigned because of poor results. It's supposed to happen that way.

It's not the first time that loses have been made.

This bank just went topsy turvy when chocho media rumors went on overdrive.

Some of the posts were simply "I have withdrawn my money from the bank"

I don't care which bank you are, if you don't nip such upus quickly, you shall not meet your liquidity ratio in the evening.

Unless you are saying there's a guy who's going to court soon for robing the depositors.


This is the right time mergers and acquisitions are lining up.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Gathige
#115 Posted : Thursday, April 07, 2016 9:11:23 AM
Rank: Elder


Joined: 3/29/2011
Posts: 2,242
digitek1 wrote:
this includes rafiki dtm?



Rakiki dtm must have borrowed big time from Chase to lend. Most likely they too will be in problems. A friend borrowed from rafiki and they send him like 10 reminders in a day when the loan is due... not a good sign.
"Things that matter most must never be at the mercy of things that matter least." Goethe
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Much Know
#116 Posted : Thursday, April 07, 2016 9:14:04 AM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
alma1 wrote:
This bank was brought down by chocho media harlots eg Nyakundi.

Do these bloggers pay you to post their names here? This story broke on wazua long before, impunity and kularaha gave the main leads FOR FREE, this nyakundi bugger would have run to blackmail chasebank and ask for money to stay silent, you have a habit of "hyping" and giving your ring of "bloggers" undue credit hii ndio kazi yaa seo, to come to wazua to give marks to useless bloggers particularly when you see many people and guests online here, start yapping and marketing fraudsters and blackmailers here? Do you get a cut of this blackmail money? peleka hii upuzi yako kwa bloggers and stay where you find them...wazua has it's own credible sources!!! Please don't mention those crooks here again!!!!
A New Kenya
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Spikes
#117 Posted : Thursday, April 07, 2016 9:21:02 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Much Know wrote:
alma1 wrote:
This bank was brought down by chocho media harlots eg Nyakundi.

Do these bloggers pay you to post their names here? This story broke on wazua long before, impunity and kularaha gave the main leads FOR FREE, this nyakundi bugger would have run to blackmail chasebank and aski for money to stay silent, you have a habit of "hyping" and giving your ring of "bloggers" undue credit hii ndio kazi yaa seo, to come to wazua to give marks to useless bloggers particularly when you see many people and guests online here, start yapping and marketing fraudsters and blackmailers here? Do you get a cut of this blackmail money? peleka hii upuzi yako kwa bloggers and stay where you find them...wazua has it's own credible sources!!! Please don't mention those crooks here again!!!!


Bloggers to hell! Wazuans are not tolerant to hogwash. This site is flooded with intellectuals . Don't play it hearShame on you
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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digitek1
#118 Posted : Thursday, April 07, 2016 9:21:48 AM
Rank: Veteran


Joined: 2/3/2010
Posts: 1,797
Location: Kenya
Gathige wrote:
digitek1 wrote:
this includes rafiki dtm?



Rakiki dtm must have borrowed big time from Chase to lend. Most likely they too will be in problems. A friend borrowed from rafiki and they send him like 10 reminders in a day when the loan is due... not a good sign.

so if you have a loan is it time to pop the champagne?
I may be wrong..but then I could be right
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Impunity
#119 Posted : Thursday, April 07, 2016 9:24:50 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,325
Location: Masada
Much Know wrote:
alma1 wrote:
This bank was brought down by chocho media harlots eg Nyakundi.

Do these bloggers pay you to post their names here? This story broke on wazua long before, impunity and kularaha gave the main leads FOR FREE, this nyakundi bugger would have run to blackmail chasebank and ask for money to stay silent, you have a habit of "hyping" and giving your ring of "bloggers" undue credit hii ndio kazi yaa seo, to come to wazua to give marks to useless bloggers particularly when you see many people and guests online here, start yapping and marketing fraudsters and blackmailers here? Do you get a cut of this blackmail money? peleka hii upuzi yako kwa bloggers and stay where you find them...wazua has it's own credible sources!!! Please don't mention those crooks here again!!!!


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

@alma must have lost a fortune with this Chase clampdown!
We can only feel sore for him, at the most
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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maka
#120 Posted : Thursday, April 07, 2016 9:25:34 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
digitek1 wrote:
Gathige wrote:
digitek1 wrote:
this includes rafiki dtm?



Rakiki dtm must have borrowed big time from Chase to lend. Most likely they too will be in problems. A friend borrowed from rafiki and they send him like 10 reminders in a day when the loan is due... not a good sign.

so if you have a loan is it time to pop the champagne?



ha ha ha utalipa tu....
possunt quia posse videntur
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