can this really works....? ISAAC K. MACHARIA P.O BOX 00200-56787 NAIROBI --- On Wed, 5/26/10, Mr. Lawi <mail2lawi@gmail.com> wrote: From: Mr. Lawi <mail2lawi@gmail.com> Subject: Re: [Skunkworks] Banks to accept Facebook friends as collateral To: "Skunkworks Mailing List" <skunkworks@lists.my.co.ke> Date: Wednesday, May 26, 2010, 10:31 AM MM, interesting perspective Though you still have the guarantors, remember? But you are right, maybe 'collateral' isnt the right word. On 5/26/10, MM <thewabbit.m1dg3t@gmail.com> wrote:
Interesting, according to wikipedia, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. If the borrower defaults, he loses ownership of the collateral. The bank now owns your friends?
Sent from my AT&T iPhone
On May 26, 2010, at 3:04, Jared Koyier <jaredkoyier@gmail.com> wrote:
Dream on Lawi!
If the bank so wishes, let it print a billboard of what I owe and put it on Waiyaki way.
On 26 May 2010 09:52, Mr. Lawi <mail2lawi@gmail.com> wrote: Techies,
Apologies for the misleading subject line. It was just a dream I had a! few mins ago. Anyway, in the dream, banks will be accepting facebook friends as collateral.
Many of us know how hard it is to get a loan from a bank. The ask for collateral which, if you had, you'd not be asking for the loan in the first place. So, what if banks 'banked' on what many youth can claim 'ownership': Facebook friends!
This is how it would work: - The amount of loan you will get will depend on how many friends you have on FB - The guarantor MUST be your friend on FB - You must share at least x no of mutual friends with the guarantor(s) - You shall accept the bank as a friend
- The bank will post on your wall *repeatedly* a payment due message if and when you default (Think of the embarrassment!) - The bank will post the same message above on your guarantor's wall - You shall not 'like' an overdue message on your wall. Its not funny and negates the whole point of embarrassing you _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Server donations spreadsheet http://spreadsheets.google.com/ccc?key=0AopdHkqSqKL-dHlQVTMxU1VBdU1BSWJxdy1f... ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke
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_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Server donations spreadsheet http://spreadsheets.google.com/ccc?key=0AopdHkqSqKL-dHlQVTMxU1VBdU1BSWJxdy1f... ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke