What do you think about the OLINT financial drama in Jamaica?

Question

What do you think about the government? The investment scheme, the investors and the owner?

http://www.jamaicaobserver.com/news/html/20080704t020000-0500_137463_obs_olint_under_us_pressure.asp

Answer 1

I think Lee Chin is locking down all these schemes to see if he can get back some of his customers who have gone to these schemes.Seeing that he played a major role in putting the present party in power he can pull the strings a little to get what he wants from the government.This is not happening by chance all the schemes will have to go so the commercial banks can increase there profits.I was nevertheless very skeptical about Cash Plus because of the criminal past of the man at the helm.The thing about it is the commercial banks know that they can do better but they are not willing to share their profits with the common people.They just use our money and turn it over and give us the crumbs of the deals.

The OLINT scheme has been around for a long time and they seemed to be doing ok until cash plus and the others were put under the microscope because of the number of people cleaning out there accounts with the commercial banks and trying a thing with these schemes seeing that tings rough and them want big car and sky scraper according to MAVADO lol.

Answer 2

Nice learning experience for people who want to make a quick buck. Thank god me never have any money from morning to put in there.

I think Cash Plus could have, perhaps, worked for a while longer and less people would have felt the pinch if NCB was not so jealous of their success. All of these schemes will fail someday... the politicians put their 2 cents in and draw them out when they know they will implement policies and lock down on them.

Answer 3

Simply put, "Everyday bucket go ah well, one day the bottom ah go drop out"

Answer 4

I am sorry, but I am lost.I do not really understand the article,but maybe u can explain it alittle more to me!Maybe because I just got home from a long day at work, and I am so exhausted!