Rank: Chief Joined: 5/31/2011 Posts: 5,121
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McReggae wrote:vastcapital wrote:mwekez@ji wrote:vastcapital wrote:Fools rush in... smh ... paranoia ... you need to understanding tenets of banking and operation of ponzi ... else, you need to place all cards on the table A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation...seriuosly in this day and age, when regulated investment schemes come down tumbling even in the most sophisticated financial markets of this world only for guys to realise that they were duped. its very imperative to be paranoid if you like it. But by posting the update i wanted to gather its authenticity from this learned fratenity herein called 'wazua'. But alas! the response is sort of 'abusive'. That said. Any focused investor with an understanding of the financial markets would want to know how the dynamics of such a DTMF operate for them to afford to finance *9 the deposits...that should form the basis of this discussion all else is valueless! I bet the big brother has the extra cash!!!!! @vastcapital, lemmi also help you by pointing that financing *9 a borrowers deposits doesnt make an institution ponzi. financial institutions even lend far higher multiples of a borrowers deposit and in many other occassions dont even check the current amount of the borrowers deposits. many factors are considered when determing the amount of loan given to a person, the greatest weight being put on the persons character, ability to repay and security. ..... you may post any other fears you have on Rafiki DTM for us to assist. good you are now placing all cards on the table
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