- Too good to be true: I.e. doesn't fit the pattern for the economy or sector. This used to be an accusation levelled at the annually doubling Equity, until BBK proved that you could grow your balance sheet at such a rate. From the released results (who does scanning at NSE?), BBK almost certainly understated its loan loss provision. In any case, this is getting harder to get away with at the NSE.
- It can do what none else can: mmhh
- Only a few people overseeing everything: All the brokers?
- Few incentives for whistleblowers: Fits just about any firm at the NSE.
Wednesday, February 18, 2009
Does this profile fit any firm in Kenya?
Although the article is about some suspect billionaire, I was reading it and trying to fit it into the situations at the NSE: