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People lost money, and that is a shame, but it was of their own willingness. People have the choice to use their common sense or not, this was a not, and more so after Ginko. Also, how many last money, 10% of all Avatars? 1%, .1% I don't know, but I'm guess that more people have teleporting problems than lost money with all of the banks together.

Ginko - The WSE Confiscated assets ... under who's authority? In who's best interest was that? Have people been paid back? do they have 100% of their lindens available? No they don't, but they might get something some day, a return on their investment ... the PR is good though, you'll get a return on your investment. yes if you dont' get your lindens you have a negative return.

WSE - Ok, if I'm correct they are down for an audit. What company is performing the audit? If none, then who is conducting? What is the criteria for the audit? Who is verifing the information? Those that have account balance changed while they be told why? Will there be proof? What controls are in place to ensure that the operation is running correctly? I'm sorry with the controls SL has you can't verifiy anything. If everyone gets screwed in this deal, I will laugh hard at those who thought it would be different. Now, do I hope I'm wrong about this, yes I do!

What does the term luddite have to do with anything with the bank industry in SL?
luddite: one of a group of early 19th century English workmen destroying laborsaving machinery as a protest; broadly : one who is opposed to especially technological change

I'm not afraid of technology, though I am against its use in theft, but I feel the same way about the use of rocks in theft.

Arthur Fermi
Fermi Sandbox & University
www.fermidesigns.com