Well, it has been a long time, but here I am. Back in the saddle. Ready to catch up and see what's going on in SL.
I have to admit to you, I have been drinking a tad tonight... first Corona and finishing it up with a bit of Budweiser, but I think I can fake my way through at least one article. Here goes.
How much real-life action is too much with Second Life investment fraud?
By Xavier Mohr SLRepports.net
An Editorial
I received an email earlier from a friend, asking me about Jasper Tizzy's real-life information. While I did not know Jasper all that well aside from random IMs, my friend - like many of us - had made a well-researched connection that Jasper was likely Frank Corsi - formerly of Florida, now reportedly living in Indiana. I should note that this cannot be proven to my knowledge, but is a strong possibility based on all evidence available.
The email indicated that we should, "... get his real life info for the community."
Stop. "Hold it right there," I thought to myself. This was going a little too far for me.
Those of you that know me know I am committed to transparency, honesty, and my own real life is basically an open book compared to some. I am very easy to find in real life. However this is not the case with a lot of Second Lifers.
For the past few hours, I’ve been looking into Jasper Tizzy’s history. What started as a simple search for some small piece of information turned into hours of discovery and overturned lies. What started me down the rabbit hole was the discovery of Jasper Tizzy’s RL name on a cached page on Google. Some people already knew his RL name because it had been posted, and at least one other person fell down the same hole that I did. When he discovered it, he posted what he found on the forums at SL Exchange. After 8 pages of arguing other people and rebuttals from Jasper, the original posts had been edited by the author in an effort to keep himself from being banned in the forums. I only found this forum thread after I was already so far down in the hole that I couldn’t see light.
What I discovered, first is that there were “many” accusations of Jasper Tizzy (I’ll refer to him, here with his SL name) being a spammer. Though Jasper defended the accusations on the slexchange forum by saying that he owns his own servers and rents space to hosting companies, I found out otherwise.
Regulators often believe that through new rules they can produce a positive or more correct influence on the markets, when in reality they wind up doing the exact opposite with their regulations. Such is the case with the World Stock Exchange (WSE) price controls on Ginko Perpetual Bonds (GPB).
For the uninitiated, Ginko bank’s former deposits have been converted to GPB traded on the WSE, and the WSE has forbidden Ginko CEO Nicholas Portocarrero from purchasing these bonds back at any price less than L$1 each. (Announcement: https://www.wselive.com/research/announcement_detail/2212 ). The only reasoning I can see for this action is that the WSE powers-that-be feel Ginko investors should be compensated their full amount, and nothing less, for their former deposits. If someone else has another good-faith reason in mind, please comment below.
One of our customers asked me today (and he wasn't the first), that isn't our business model of paying higher interest to smaller customers the opposite model of RL banks or investment companies? It is, if your goal is to be an investment company or bank, but that's not our ultimate goal.
I'm sure some are wondering why I chose to relinquish the CEO position of CapEx, since it has not even been 30 days since we acquired it. However, my intentions were never to be the CEO permanently. My goal was to fill in and clean up the exchange, then find a suitable successor which I feel I have. Bogart has displayed the ability to run an exchange much better than I can. The best way to build a business is to replace yourself with someone that's better than you, and I have no problem turning over CapEx to someone that can do a better job, nor any humility in admitting it.
Opinions 
Regulators often believe that through new rules they can produce a positive or more correct influence on the markets, when in reality they wind up doing the exact opposite with their regulations. Such is the case with the World Stock Exchange (WSE) price controls on Ginko Perpetual Bonds (GPB).
