Nominations for Bank Head

[Strider]

With the retirement of stuck as bank head we must start looking for a new one. Please nominate anyone you think would do a good job at this poistion. Self-nominations are aloud and this poistion includes a gpt benfit.

The nominations will run for 3 days with a follow-up polling for 3 days. If their is a tie in the polling then it will be re-polled for 2 days.

 

[Plexus]

I think the BOF should fold or merge with the bank of valhalla. With that, I belive I should be paid 200 gold per share of BOF as I have never recived dividends. I think the other shareholders would agree with me.

 

[Stuck_as_a_Mac]

shai and I are the other holders. And I head of the board. If shaitan wants the BOF, he can have it.

 

[BCLG100]

i nominate plexus and strider you posted in the nomination thread

 

[Strider]

Originally posted by BCLG100
i nominate plexus and strider you posted in the nomination thread

If that's a nomination for me then I decline. Accounting is not my thing. Anyway.... If I'm going to be Science Leader again in need to be a good one. I won't be able to do that as Bank Head.

 

[donsig]

I agree that the BoF should fold. I don't think the sharholders should get any dividends unless the BoF actually made a profit.

 

[Stuck_as_a_Mac]

hmm... Lets see.. BoF CANNOT fold, yet. There are still several loans which are to be payed back. If the BoV wants these outstanding loans, it may be good for it. Other then that, the ony loan I see that is due back anytime soon is a loan worth aprox. 1500g from SKILORD for his dead newspaper. That could go to the BoF, and perhaps be distributed among Shai Plex and I as kind of a "sorry I went insane" package. If the BoV wants the outstanding loans, it can have them

 

[donsig]

The BoF loaned money from the cloud, void or black hole. It should not profit from these loans. The BoV need not profit from them either. the gold that is paid back can return to the cloud whence it came.

 

[Shaitan]

I agree with donsig. those loans were set up from the cloud. If BOV took the accounts we would manage those loans and repay the cloud. They were never set up as accruing interest loans in the first place. BOF also never showed a profit so its shares are worthless.

The RPG Managers should decide if they want BOV to take over the folded bank. donsig already approved this. The other 2 managers need to ascent in order to remove the Bank of Fanatika.

 

[disorganizer]

I also would propose that. Close the BOF, take all accounts to the BOV.

There would still be some things left to be discussed:
1) what happens with the BOF shares?
i would propose BOV will offer a small buy offer like 5g/BOF-share for the remaining shares of BOF. if someone does not sell the BOF shares, they will be rendered worthless after 1 week.
2) will people have to pay for their accounts?
at the moment, most of the BOF customers dont pay for their accounts. will they have to pay at BOV?
i would propose the following:
2 levels of service from BOV:
level 1: basic service mandatory for all rpg-citizens
only account summary is posted. BOV gets 5 gold/TC/customer from the RPG-Cloud for that service.
level 2: enhanced service
in addition to level1, the customer himself pays 5 additional gold/TC to have a detailed log of his transactions in excel.
3) official bancrupcy declaration?
the BOF should officially declare bancrupcy. the loans will be taken over to the BOV as well as the accounts. during the buyout phase, the offer of 1) will be given to the BOF shareholders.

 

[Shaitan]

An excellent proposal, disorganizer. The Bank of Valhalla would agree with one essential change. The cost to hold an account will be 10g/chat. If it is a basic account (summary only) it comes from the RPG cloud. If it is an enhanced account it is paid by the consumer.

 

[disorganizer]

ok. but i would propose having the extended account payed additionally(!) to the payment for the basic account.

example:
* shaitan wants a basic account. he has so much money its not worth bothering with transactions.
the rpg-cloud will pay 10g/tc to the BOV, and the BOV posts the account summary publically after every TC
* disorganizer is poor. he want an extended account as he likes to know what he spends.
now in his case, the rpg-cloud will pay 10g/TC to the BOV for the basic account, and disorganizer himself has to pay additional 10g/TC to the BOV for the extended service.

this way the BOV would get 10g/TC for the normal accounts and 20g/TC for the extended accounts

but:
the extended service should contain maybe a small tiny bit more service than only having a extended tracking. like for example having a free savings account or reduced loan rates etc.

 

[Shaitan]

That is very workable. BOV will agree to these terms for general account management. Now we just need the okays from the game managers.

 

[BCLG100]

right yeah sure i agree

 

[Mad_BOB]

how bout putting intrest on the extended accounts?

 

[Stuck_as_a_Mac]

well, im not exactly a manager anymore (more of a candidate for shais old job), but if by chance this is my last bank vote I vote Yes

 

[Shaitan]

There is still the question of what to do with the Bank Manager position. It is largely unneeded now. I propose that the Bank monitoring duties be transferred to the Game Manager and the Bank Manager position be abolished.