What is certain is that this was allowed to happen by the Board; controls were not enforced, auditing was never completed and reporting was almost non-existent. That will change.
What an unexpected development.
Also, the 75 billion in salaries. Quite a long going scam I must say.
Defending the Galaxy, from the Scum of the Universe, with nothing but a flashlight and a tshirt. We need tanks Boo, lots of tanks!
I bet it was a ponzi scheme all along. I always wondered how these guys could actually actually get a decent return on trillions of isk when I'm hard pressed to do it with only a fraction of that capital.
That's very interesting. It looks like they're genuinely trying to find a way out of this mess, but it doesn't look like it'll be easy. I agree with most people who say the customers should either be able to sell their locked assets at a loss or get paid out at a % of what they deposited.
I was browsing through magazines at a shopping mall the other day, going through "PC Plus", a UK based publication it seemed. I couldn't help notice the small EvE related article talking about this in very small and yet inaccurate detail. It read that when Ricdic turned the ISK into piles of real world dollars, it triggered investors to do the same thing.
I am now disappointed in how unobjectively and carelessly PC Plus covered this important event in my internet spaceship universe.
I was browsing through magazines at a shopping mall the other day, going through "PC Plus", a UK based publication it seemed. I couldn't help notice the small EvE related article talking about this in very small and yet inaccurate detail. It read that when Ricdic turned the ISK into piles of real world dollars, it triggered investors to do the same thing.
I am now disappointed in how unobjectively and carelessly PC Plus covered this important event in my internet spaceship universe.
Things like this are what drive me to believe that a book about EVE - the Great Wars, or a history of scamming in EVE - would sell. You can't really get the full story from inaccurately reported magazines articles, Ten Ton Hammer, etc.
Eh, that's a project I'm notating for. If the new novel grinds to a halt I might give it a shot.
Author
L indeed.