Wednesday, August 20, 2008

Nigerian stocks?

If the head honcho of the exchange, okereke, can raise N100m in the
name of "Africa for Obama", now we find out the money does not even go
to Obama. Where is the money going? U hear me sooooo? WHERE MONEY DEY GO?
If it were to be in a "developing country", where there is rule, law, and order, it will be someone's responsibility to find out where that money is going. IN a non-developing country like Nigeria, story finish there. If you carry your hard-earned cash and invest in Nigerian stocks, true you will make some quick little money but remember the long run.

There's no police, no law, nobody to catch anybody. When the CEO of your super-whoopa company sell all the stocks and jah with everyone's money - Don't blame me, I told you so. Stock exchange can only be built on a trust foundation. without personal accountability, you can watch you money balloon, yes balloon away in helium.

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