I think it was made up.  I have not specified a time frame.

The lending segment isn't completely dead, but there is a group of people that have tried their best to kill it off because their opinion is everyone is dishonest.  I know a couple of people still doing lending, and I still get requests to finance various things.

(and seeing this post explains the question about BTC/USD collateral I've just sent a reply to.  In essence, if someone wants to deal in a real currency, make sure you have the right financial licenses/structure/compliance because that is an area where regulations do apply.)

Newsletter has just been sent, and about to do the payments for the week (0.4826%).

And, given the slots in the fund that were not taken up, considering reopening the fund to new members and not doing a Kraken#2.

Interesting to see that there are now some minor bets going on.  The three month date is rather arbitrary and I would suggest people don't waste their time/effort/money on it.  Having accepted deposits and catering to the demand of people that didn't want to get into the loan or investing market directly means (and has always meant) coins would be put into various places.  That includes HashKing and Nckrazze.  It also included a JRO investment (which was suspended a few weeks ago) and some other GLBSE where recent panic has tanked prices or scared away liquidity.  There are also those loans that were not pass-throughs that have decided to simply refuse to repay due to ineptitude of the people concerned.

I do read the interesting array of comments, fair or misguided, but the effort in trying to explain rationale has been proven to be largely pointless.  I did honour a bunch of PPT obligations in August that severely affected the spare coins that I had available (allocating about 10,000 coins), and I continue to turn down lending business that would actually help support the repayment of funds more quickly.  Not because of the likes of Puppet, Micon or many others that like to claim how foolish I am providing a service, but because of my obligations to people that have entrusted funds too me.  So for now, the payment process will continue as outlined.

Sorry, I missed a payment - remedied.

https://bitcointalk.org/index.php?topic=61262.msg981017#msg981017

Balance table updated, payments being fed to the blockchain.

As an observation, 0.916% per week, rather than the 11% stated.

Loans recently repaid from Ravi and JasinLee and payments from Sadpandatech, AndyRossy and Quickbitcoins amongst others.

Mixmastermine has decided to run/default, but it appears others have lost many more coins to him than I have (only 160) so despite him being a good customer earlier in the year, he's not now.  Highlights the importance time-stamping credit ratings because things change (so the paste of the WPW thread material needs to note the time at which the ratings were done.)

Next set of payments scheduled to go out tomorrow as planed/advised.

I have offered a swap for the debt owed to me for the Imsaguy deposit.

Any interest in finding out where Zer0 has disappeared to (last seen in June)?  or has anyone had news or contact since then?

Fixed. 

Actually, WifeofStarfish doesn't need to defend me or my business, and she wasn't attacking people like the crap that's been thrown at her for attempting to be civil.  It's not necessary for her to explain, and my previous attempts to explain have been ignored or deliberately misconstrued.  AND pull your arse out of your ears, I haven't been taking deposits for weeks (demonstrating the trolls are not interested in what is actually going on).

Thought this was worth quoting because it is a common experience, and probably in higher proportion with Bitcoin than normal currencies.  Yes, some people lied and passed funds into Pirate, and others simply screwed up or stole funds sucking a lot of coins out of the economy.  I can understand the shit cytokine is experiencing because I've had it as well, and sticking with it rather than hiding or claiming some "hack" is to be commended.

I was going to say I couldn't think of anyone that would disagree, but unfortunately, there are several people I can think of that want this to all end badly.

I didn't think I had implied that - but certainly working on recovery is a sensible approach.  My contact with the man himself has been pretty limited (non existent the past week), not that I exchanged pm's with him very often.

I have a legal case running in Australia currently to recover funds from someone - so I know the cost and length of time it takes.  But otherwise, my approach is not a public one as that is not how these processes work.

You mis-typify the PPT.x situation.  Collectively as a group (six of us) there were discussions around how to make it profitable and provide a good return to investors.  One of the things, because of its structure, was that it was quite small compared to the other passthroughs (12k vs 25k for a "trust" account and 150k that Payb.tc was assumed to have).  I didn't agree with some of the suggestions being made and thought they would be too far away from what the contracts allowed.  I could also see a use for the asset and liked how it runs, so I negotiated with the other five holders to purchase their stakes in the business.  Then BS&T closed and things were rather screwed up as I looked after the obligations at the time, and continue to do so.

Other than Chaang, I did not have anyone else ask me to take over their PPTs, but I did have a few people ask if they could operate sub accounts (three people), and the recovery efforts I'm taking aims to have them repaid as well.  Nothing particularly complicated.

From March it was 4k at BS&T.  Also had a bunch of hardware, funds from GLBSE and other long term investments.  It was quite straight forward that all of the deposits in Starfish were covered by non BS&T assets - if that's the actual question.  When I brought out the PPT.x series the balance in the account changed, and I had some other funds parked in BS&T (again, not related to starfish, actually related to some mining assets).  The other aspect that doesn't show on the assets/liabilities list are the coins I moved in and out of the account.

Nice to know the private newsletter is getting some circulation and that Chaang took the time to read it.  Fortunately the PPT series retains value and I am committed to paying out on those even if it takes a little time.  I am less sure of the Tygrr bonds which are possibly worthless given the additional issue of liabilities without clarity of assets to back them.  I am also pleased I didn't take up Chaang's request to take over his PPT business on GLBSE although it might have been better for his investors if I had done so (but we'll never know).

That list covered everything, not just Starfish.  There was also my personal BS&T account, and before some of the GLBSE assets that have since been trashed such as the JRO assets.  Thanks for positing it.

Actually, they are proving to be slightly irritating noise in the back ground currently, and I rather don't care what they have to say.  The people I do care about are the people that have funds tied up in this mess, and while the trolls may have "saved" people from themselves and can have some nice "I told you so", they are probably the largest contributors to the current situation.  They would of course deny that and probably spend the next few hours explaining why I am wrong.

Anyway, weekly interest has been paid, and available funds (loan repayment proceeds) have been pro-rata paid to those with withdrawal requests.  Transactions will hit the blockchain when the wallet syncs properly.

Updated list of balances at https://bitcointalk.org/index.php?topic=61262.msg981017#msg981017