My bank account's got robbed by European Commission. Over 700k is lost. - page 44.

marcus_of_augustus

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Eadem mutata resurgo

Quote from: Lethn on May 31, 2013, 12:32:12 PM

Quote from: RodeoX on May 31, 2013, 11:31:20 AM

Quote from: zeroday on March 28, 2013, 01:00:15 PM

...
P.S. The worst thing is, that even a month ago I was suspecting that things can go wrong. In February, I several times called my banker and lawyer and asked them if money on the account is safe, mentioning that article in Financial Times. But they convinced me that there is no reason to worry, and even if country goes default, in no way current accounts may be affected. ...

That sucks man. Just before the 2008 collapse I drained my accounts. At the bank they were horrified and almost literally begged me t keep my accounts full. I went with my gut and took it all out anyway. Now we know that America was "within hours of shutting down the ATM networks". The people at the bank were the least qualified to see it coming because they have so much invested in the system.

There's nothing a bank fears more than everyone wanting their money back.

Actually they changed the laws so that it is no longer your money any longer, but a debt that the bank owes to you. They do not fear "the run" so much since then.

Namealreadyexists

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Quote from: cr1776 on May 31, 2013, 11:21:36 AM

Game theory in practice. ;-)

Quote from: Inedible on May 31, 2013, 09:50:36 AM

Quote from: Matthew N. Wright on May 31, 2013, 07:25:12 AM

Quote from: wachtwoord on May 31, 2013, 07:22:15 AM

Come on Matthew, it's your own money your taking. You're just preventing people from stealing your money. It is not your fault nor your responsibility that they are stealing from others.

In some cases that is true, but in the case of bitcoinica for example, lets say they only had 50% of the owed funds left. Would you ask for 100% or would you recommend a fair even settlement for everyone?

A nice sentiment but it only works if all actors are fair.

It only takes one person to think only of themselves first and then everyone will do it so with the likelihood of there being at least one person doing this, the best course of action is to get whatever you can because it's possible you might end up with nothing.

Speaking of practice, there is a legal procedure called interpleader, which basically legitimizes the pro rata distribution of the ramaining funds. However, you can put up a fight, and claim the whole amount, for example based on the prior judgement in your favor, or whatever reason that would compel the other parties' lawyers to accept your terms.

wachtwoord

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Quote from: Matthew N. Wright on May 31, 2013, 07:25:12 AM

Quote from: wachtwoord on May 31, 2013, 07:22:15 AM

Come on Matthew, it's your own money your taking. You're just preventing people from stealing your money. It is not your fault nor your responsibility that they are stealing from others.

In some cases that is true, but in the case of bitcoinica for example, lets say they only had 50% of the owed funds left. Would you ask for 100% or would you recommend a fair even settlement for everyone?

They owe me 100% so if I could get 100% by myself I would take 100%. Again: not my responsibility/fault that they are scamming/defaulting.

If I and the other debtors needed each other (for example to sue them) we could agree to share the proceeds to rata.

Namealreadyexists

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Quote from: notme on May 31, 2013, 06:10:56 AM

Quote from: Namealreadyexists on May 31, 2013, 04:46:50 AM

What would you do?

I certainly wouldn't ask a friend to abuse a position of power in order to put me at the front of the line. I would accept my fate.

So your advice to the OP is to accept his fate?

Lethn

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Quote from: RodeoX on May 31, 2013, 11:31:20 AM

Quote from: zeroday on March 28, 2013, 01:00:15 PM

...
P.S. The worst thing is, that even a month ago I was suspecting that things can go wrong. In February, I several times called my banker and lawyer and asked them if money on the account is safe, mentioning that article in Financial Times. But they convinced me that there is no reason to worry, and even if country goes default, in no way current accounts may be affected. ...

That sucks man. Just before the 2008 collapse I drained my accounts. At the bank they were horrified and almost literally begged me t keep my accounts full. I went with my gut and took it all out anyway. Now we know that America was "within hours of shutting down the ATM networks". The people at the bank were the least qualified to see it coming because they have so much invested in the system.

There's nothing a bank fears more than everyone wanting their money back.

RodeoX

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The revolution will be monetized!

Quote from: zeroday on March 28, 2013, 01:00:15 PM

...
P.S. The worst thing is, that even a month ago I was suspecting that things can go wrong. In February, I several times called my banker and lawyer and asked them if money on the account is safe, mentioning that article in Financial Times. But they convinced me that there is no reason to worry, and even if country goes default, in no way current accounts may be affected. ...

That sucks man. Just before the 2008 collapse I drained my accounts. At the bank they were horrified and almost literally begged me t keep my accounts full. I went with my gut and took it all out anyway. Now we know that America was "within hours of shutting down the ATM networks". The people at the bank were the least qualified to see it coming because they have so much invested in the system.

cr1776

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Game theory in practice. ;-)

Quote from: Inedible on May 31, 2013, 09:50:36 AM

Quote from: Matthew N. Wright on May 31, 2013, 07:25:12 AM

Quote from: wachtwoord on May 31, 2013, 07:22:15 AM

Come on Matthew, it's your own money your taking. You're just preventing people from stealing your money. It is not your fault nor your responsibility that they are stealing from others.

In some cases that is true, but in the case of bitcoinica for example, lets say they only had 50% of the owed funds left. Would you ask for 100% or would you recommend a fair even settlement for everyone?

A nice sentiment but it only works if all actors are fair.

It only takes one person to think only of themselves first and then everyone will do it so with the likelihood of there being at least one person doing this, the best course of action is to get whatever you can because it's possible you might end up with nothing.

Inedible

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What doesn't kill you only makes you sicker!

Quote from: Matthew N. Wright on May 31, 2013, 07:25:12 AM

Quote from: wachtwoord on May 31, 2013, 07:22:15 AM

Come on Matthew, it's your own money your taking. You're just preventing people from stealing your money. It is not your fault nor your responsibility that they are stealing from others.

In some cases that is true, but in the case of bitcoinica for example, lets say they only had 50% of the owed funds left. Would you ask for 100% or would you recommend a fair even settlement for everyone?

A nice sentiment but it only works if all actors are fair.

It only takes one person to think only of themselves first and then everyone will do it so with the likelihood of there being at least one person doing this, the best course of action is to get whatever you can because it's possible you might end up with nothing.

Matthew N. Wright

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Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: wachtwoord on May 31, 2013, 07:22:15 AM

Come on Matthew, it's your own money your taking. You're just preventing people from stealing your money. It is not your fault nor your responsibility that they are stealing from others.

In some cases that is true, but in the case of bitcoinica for example, lets say they only had 50% of the owed funds left. Would you ask for 100% or would you recommend a fair even settlement for everyone?

wachtwoord

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Come on Matthew, it's your own money your taking. You're just preventing people from stealing your money. It is not your fault nor your responsibility that they are stealing from others.

Matthew N. Wright

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Activity: 588

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Hero VIP ultra official trusted super staff puppet

Quote from: wachtwoord on May 31, 2013, 07:06:15 AM

Quote from: notme on May 31, 2013, 06:10:56 AM

Quote from: Namealreadyexists on May 31, 2013, 04:46:50 AM

What would you do?

I certainly wouldn't ask a friend to abuse a position of power in order to put me at the front of the line. I would accept my fate.

If this is sincere (which I doubt) hats off for sticking with your principles. As I don't have this specific principle I would help myself first.

I agree with notme. Taking money (unless it's an extreme emergency) while knowing others won't be able to get it doesn't feel right at all. I'm speechless at how much greed there is in this community. It certainly helps me ignore opinions a lot knowing that the people giving them are for the lack of a better term, scumbags. (i'm not talking about you watchword, and I'm referring to the sleezy actions of people during major community debt collection efforts)

wachtwoord

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Quote from: notme on May 31, 2013, 06:10:56 AM

Quote from: Namealreadyexists on May 31, 2013, 04:46:50 AM

What would you do?

I certainly wouldn't ask a friend to abuse a position of power in order to put me at the front of the line. I would accept my fate.

If this is sincere (which I doubt) hats off for sticking with your principles. As I don't have this specific principle I would help myself first.

notme

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Quote from: Namealreadyexists on May 31, 2013, 04:46:50 AM

What would you do?

I certainly wouldn't ask a friend to abuse a position of power in order to put me at the front of the line. I would accept my fate.

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: notme on May 30, 2013, 09:54:13 PM

Quote from: Namealreadyexists on May 22, 2013, 09:22:09 PM

What little savings that I had were taken away by some fly-by Russian bank in 1998. I ended up finding a person who knew a person, a phone call was made, and I was able to cash it out. So there is always a way.

So there is always a way.... for the well connected to screw the common person. All the other depositors had just as much claim to their funds as you had to yours and got nothing in return.

It's called Rogering it (Roger Ver did the same thing with Bitcoinica I believe). Lol

Namealreadyexists

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What would you do?

notme

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Activity: 1904

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Quote from: Namealreadyexists on May 22, 2013, 09:22:09 PM

What little savings that I had were taken away by some fly-by Russian bank in 1998. I ended up finding a person who knew a person, a phone call was made, and I was able to cash it out. So there is always a way.

So there is always a way.... for the well connected to screw the common person. All the other depositors had just as much claim to their funds as you had to yours and got nothing in return.

notme

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Activity: 1904

Merit: 1002

Quote from: boltactionz on May 22, 2013, 07:11:15 PM

And when you can figure out a way to legally short the taxman it becomes something really sexy...! (And no, I'm not an accountant or a tax lawyer, LOL!)

Clearly.

Not paying taxes on barter is still illegal. It might be easier to get away with though.
http://www.irs.gov/taxtopics/tc420.html

cr1776

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Activity: 4228

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They view it as their's by default and you are allowed to keep a portion as they allow.

Quote from: freedomno1 on May 30, 2013, 06:53:33 PM

Quote from: marcus_of_augustus on May 30, 2013, 05:42:25 PM

By DECREE .... how ironic., fuckers.

Seconded by Decree your money is mine you can't do anything about it go suck a lemon

freedomno1

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Activity: 1806

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Learning the troll avoidance button :)

Quote from: marcus_of_augustus on May 30, 2013, 05:42:25 PM

By DECREE .... how ironic., fuckers.

Seconded by Decree your money is mine you can't do anything about it go suck a lemon

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

By DECREE .... how ironic., fuckers.

Topic: My bank account's got robbed by European Commission. Over 700k is lost. - page 44. (Read 408494 times)