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Dr Owuor - Largest Bank in Kenya to collapse
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ecstacy
#1 Posted : Tuesday, November 08, 2011 9:40:42 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
This guy in a recent interview has prophesied the collapse of the largest bank locally...one with a global footprint..

http://www.youtube.com/w...9Y&feature=youtu.be

This guy is sending alarming prophesies as the world continues to grapple with crisis in the global banking/financial sectors.

Which is the largest bank locally by current market capitalization? I believe the largest bank locally was KCB (by total assets) which has since gone regional..used to be Barclays...
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  | | Edit by user: Tuesday, November 08, 2011 9:45 AM | Reason: Not specified
StatMeister
#2 Posted : Tuesday, November 08, 2011 9:48:13 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
ecstacy wrote:
This guy in a recent interview has prophesied the collapse of the largest bank locally...one with a global footprint..

http://www.youtube.com/w...9Y&feature=youtu.be

This guy is sending alarming prophesies as the world continues to grapple with crisis in the global banking/financial sectors.

Which is the largest bank locally by current market capitalization? I believe the largest bank locally was KCB (by total assets) which has since gone regional..used to be Barclays...



There are many types of banks, e.g. (financial) banks, sperm banks, blood banks . . .

Ni gani sasa?
A bad day fishing is better than a good day at work
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mwanahisa
#3 Posted : Tuesday, November 08, 2011 9:48:48 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
If this is going to be the basis of our investment decisions, I really fear for some!
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mlennyma
#4 Posted : Tuesday, November 08, 2011 9:52:52 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
If i was the manager of this site i would throw this false doom theories away.
"Don't let the fear of losing be greater than the excitement of winning."
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QW25081985
#5 Posted : Tuesday, November 08, 2011 9:58:03 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
no comment .!!!!! this is total BS !!!!!!!!!!!!!
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ecstacy
#6 Posted : Tuesday, November 08, 2011 9:58:18 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
This man should appear before the PIC!!!! smile

If you invest in a bank reliant of deposits from Wanjiku and Wanjiku as an astute follower of the prophet, engages in panic withdrawals from this bank, your investment goes down with it...ahem in other unrelated facts..the Prime Minister of your investment destination Kenya was baptized by this man..
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Engine
#7 Posted : Tuesday, November 08, 2011 10:03:58 AM
Rank: Member

Joined: 4/26/2008
Posts: 90
Don't rubbish such statements. Behavioural Finance tells us that not all market investment decisions are made through rational analysis. Some is influences by emotions and cognitive disonnance.
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Impunity
#8 Posted : Tuesday, November 08, 2011 10:07:03 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
KCB is rengional, BBK is nglombal.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Aguytrying
#9 Posted : Tuesday, November 08, 2011 10:08:16 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Kcb or Barclays
The investor's chief problem - and even his worst enemy - is likely to be himself
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Aguytrying
#10 Posted : Tuesday, November 08, 2011 10:17:08 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I think he is talking about Barclays. He says its a global bank.
The investor's chief problem - and even his worst enemy - is likely to be himself
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