Comments on: ::: Central Bank of Nigeria fires 5 bank CEO’s::: http://www.ribacapital.com/2009/08/14/central-bank-of-nigeria-fires-5-bank-ceos/ African Markets and Investments Sat, 11 Dec 2010 12:50:27 +0200 hourly 1 http://wordpress.org/?v=3.3.1 By: ::: Central Bank of Nigeria fires 5 bank CEO's::: — Riba Capital | centralafrican http://www.ribacapital.com/2009/08/14/central-bank-of-nigeria-fires-5-bank-ceos/comment-page-1/#comment-687 ::: Central Bank of Nigeria fires 5 bank CEO's::: — Riba Capital | centralafrican Mon, 07 Sep 2009 07:02:45 +0000 http://ribacapital.com/?p=159#comment-687 [...] Newspaper. Others. Finance for the Poor · Life Hacker. Stock Exchanges … Read more:  ::: Central Bank of Nigeria fires 5 bank CEO's::: — Riba Capital Share and [...] [...] Newspaper. Others. Finance for the Poor · Life Hacker. Stock Exchanges … Read more:  ::: Central Bank of Nigeria fires 5 bank CEO's::: — Riba Capital Share and [...]

]]> By: Riba Capital http://www.ribacapital.com/2009/08/14/central-bank-of-nigeria-fires-5-bank-ceos/comment-page-1/#comment-679 Riba Capital Tue, 18 Aug 2009 19:10:39 +0000 http://ribacapital.com/?p=159#comment-679 @replica . yes, banks collect deposits and then lend that money to borrowers as well as investing in say bonds etc, but have to leave enough liquidity for normal withdrawals, paying their expenses e.g. salaries etc, if at some point they can not meet these short term obligations because say the people they lent the money to cannot pay back, or their investments have gone bad, then they collapse.. the same as companies, they collapse when the cash they have is not sufficient to meet obligations and no body is willing to lend them money until they recover.. my explanation here is highly simplified but that's what happens in a nutshell.<br /><br />@Chegepreneur ... The managers are responsible because the banks exposure must have been beyond regulatory maximum or they must have lent irresponsibly.. i.e. the criteria used was not stringent enough.. remember money invested in stocks should be money you can afford to loose and still survive.. seems they lent to everyone, even those who didnt may be have other sources of income, however.. i can only comment on this with authority if i knew the full extent of these margin loans, infomation currently available is not comprehensive... @replica . yes, banks collect deposits and then lend that money to borrowers as well as investing in say bonds etc, but have to leave enough liquidity for normal withdrawals, paying their expenses e.g. salaries etc, if at some point they can not meet these short term obligations because say the people they lent the money to cannot pay back, or their investments have gone bad, then they collapse.. the same as companies, they collapse when the cash they have is not sufficient to meet obligations and no body is willing to lend them money until they recover.. my explanation here is highly simplified but that's what happens in a nutshell.

@Chegepreneur … The managers are responsible because the banks exposure must have been beyond regulatory maximum or they must have lent irresponsibly.. i.e. the criteria used was not stringent enough.. remember money invested in stocks should be money you can afford to loose and still survive.. seems they lent to everyone, even those who didnt may be have other sources of income, however.. i can only comment on this with authority if i knew the full extent of these margin loans, infomation currently available is not comprehensive…

]]> By: chegepreneur http://www.ribacapital.com/2009/08/14/central-bank-of-nigeria-fires-5-bank-ceos/comment-page-1/#comment-678 chegepreneur Mon, 17 Aug 2009 11:06:56 +0000 http://ribacapital.com/?p=159#comment-678 I dont quite get why the managers of this banks have to pay dearly for this. Who can shed some light to me on this issue? The stock markets are doing badly globally & when the margin loans were being lended out, no one knew for sure that the stock market would behave this way. Why should they pay for forces they cannot control? Who can break it down to me? I dont quite get why the managers of this banks have to pay dearly for this. Who can shed some light to me on this issue? The stock markets are doing badly globally & when the margin loans were being lended out, no one knew for sure that the stock market would behave this way. Why should they pay for forces they cannot control? Who can break it down to me?

]]> By: replicajewelry http://www.ribacapital.com/2009/08/14/central-bank-of-nigeria-fires-5-bank-ceos/comment-page-1/#comment-677 replicajewelry Sat, 15 Aug 2009 04:17:48 +0000 http://ribacapital.com/?p=159#comment-677 Does a bank collapse happen when the bank has so large a deficit that it can’t pay all the depositor? Or there are other reasons for a collapsed bank.<br /><br />While under an age of bank crashed keep happening, keeping money seems risk a lot, I prefer to spend them, anyway, I don’t have much.<br /><br />http://blog.bitcomet.com/11539659/ Does a bank collapse happen when the bank has so large a deficit that it can’t pay all the depositor? Or there are other reasons for a collapsed bank.

While under an age of bank crashed keep happening, keeping money seems risk a lot, I prefer to spend them, anyway, I don’t have much.

http://blog.bitcomet.com/11539659/

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