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That's not how companies work. Just because you own a third of something doesn't mean you can dictate how a third of that something is used. If we wanted to do it above board it would involve talking to the other shareholders and getting them to agree (to be fair, likely within Mathilda's ability). What Mathilda is talking about is going behind their backs and doing it anyway.

I do not think I am going to lose sleep over fiduciary duty to... colossally wealthy people who will not notice the difference anyway. As far as I am concerned embezzlement is a victimless crime as long as you do it to people too wealthy to be materially impacted by it which all EIC investors are for this scale of action.
 
I do not think I am going to lose sleep over fiduciary duty to... colossally wealthy people who will not notice the difference anyway. As far as I am concerned embezzlement is a victimless crime as long as you do it to people too wealthy to be materially impacted by it which all EIC investors are for this scale of action.
Yes. I don't have MORAL problems with that choice. I have practical problems with that choice because we are interacting with DWARVES, to whom the idea of a victimless crime is a oxymoron.

Books and laboratory for the WP.

Those are both wants. We don't NEED ether of those badly enough that we can't delay and wait for our income to be able to afford them.
 
Its explicitly called embezzlement, by Boney, in the update. We're using company resources to pay off personal debt.
This is not Mathildes right.
But the embezzlement is against the EIC. Gotrek's widow isn't going to care about that. The EIC shareholders and employees might though.

This could be classified as a form of embezzlement, but could also be classified as a good way to strengthen the EIC's good name and to gain influence over an unexpected but influential minority among Karag Nar's community. And besides, two thousand crowns in retail credit will cost the EIC significant less than that in wholesale acquisitions.

It definitely sits in a grey area but as far as Gotrek's widow is concerned the fact that this could be considered embezzlement (or it could be considered incentivized advertising or something) isn't going to be a concern.
 
Yes. I don't have MORAL problems with that choice. I have practical problems with that choice because we are interacting with DWARVES, to whom the idea of a victimless crime is a oxymoron.

I think you are severely overestimating how how much dwarfs care that we embezzled humans, they do not have a moral imperative to be squares, they are just obsessive about what is owed them and what they owe others. Credit covers the only dwarf involved perfectly and she has no reason to give a damn about said fiduciary duty in an umgi company.
 
No interest in getting yet another Adventure hook / AP sink.
Also no interest in cheating or underhanded dealings. Those are for when you cannot do the job honestly.

Consider the folowing, if we pay in gold we only have 200 left and gain 200 passively a turn, this very turn people are planning on paying in gold and buying 450 gold worth of books, wich already leaves debt for next turn.
Due to Vow of poverty and thread culture the only way we have to make large sums of cash is adventuring, and due to all costs normal and extraordinary we tend to have we will need large sums of cash.
So credit is the only option where we pay whitould having to make the diference with adventures, the only diference is the flavor of adventure.


That's not how companies work. Just because you own a third of something doesn't mean you can dictate how a third of that something is used. If we wanted to do it above board it would involve talking to the other shareholders and getting them to agree. What Mathilda is talking about is going behind their backs and doing it anyway.
Its explicitly called embezzlement, by Boney, in the update. We're using company resources to pay off personal debt.
This is not Mathildes right.

It is possible that someone who somehow knew all the details could interpret the matter that way, but the only person who would know all the details is Mathilde, and whether she interprets the matter that way is for the thread to decide.

Something to keep in mind is the only way this goes wrong is if something interested in looking at things at the wort light possible had all the details, since we are the only person who has all the details the only way this goes wrong is if we decide it should.
And if Tzeentch just grabs it from our head we have bigger problems.
 
That's not how companies work. Just because you own a third of something doesn't mean you can dictate how a third of that something is used. If we wanted to do it above board it would involve talking to the other shareholders and getting them to agree. What Mathilda is talking about is going behind their backs and doing it anyway.

Its explicitly called embezzlement, by Boney, in the update. We're using company resources to pay off personal debt.
This is not Mathildes right.

It's only embezzlement on the absolute most pessimistic reading of the action, and given that it's a likely very profitable long term investment for the EIC in the longer term, in the form of reputation, future business and good will, can hardly even be called a misappropriation of funds or acting against the best interests of the company.

If suggesting a course of action results in long term profits and sustainable business, while also fulfilling other organisational objectives, furthering its reputation and also advancing the interests of its largest shareholder, well, that's just good business.
 
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Those are both wants. We don't NEED ether of those badly enough that we can't delay and wait for our income to be able to afford them.
We bought the laboratory already. Cost us 2000gc.
My point was that we absolutely need money to do things and that it isn't just a want, which is what the post I was answering to said. I wasn't talking about what we need or want rn.
And I know we already bought the lab, I was using it as a proof that we definitely need money in general and can't rely entirely on CF and DF to do things.
 
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But the embezzlement is against the EIC. Gotrek's widow isn't going to care about that. The EIC shareholders and employees might though.
Any Dwarves who we might want to enter into a deal with in the future however would, because we're establishing that we do embezzle from companies we own and they're going to wonder if we'll rob them as well.
Thats key, nobody is arguing that going EIC might end up with Gotreks widow being unpaid or the debt not being satisfied. People are talking about wider reputational damage among dwarves as being seen as an embezzler.
 
It's only embezzlement on the absolute most pessimistic reading of the action, and given that it's a likely very profitable long term investment for the EIC in the longer term, in the form of reputation, future business and good will, can hardly even be called a misappropriation of funds or acting against the best interests of the company.

If suggesting a course of action results in long term profits and sustainable business, while also fulfilling other organisational objectives, furthering its reputation and also advancing the interests of its largest shareholder, well, that's just good business.
It is the literal definition of embezzlement.
Article:
Embezzlement refers to a form of white-collar crime in which a person or entity intentionally misappropriates the assets entrusted to them

As a board member of the EIC we are trusted with EIC assets and we are intentionally misappropriating them for our own benefit.
Now if you think that we can argue successfully infront of Wilhelmina that this is beneficial over the long term. Why only do it for the widow? Why not give every dwarf in Karag Nar a 10 gold credit?
 
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Any Dwarves who we might want to enter into a deal with in the future however would, because we're establishing that we do embezzle from companies we own and they're going to wonder if we'll rob them as well.
Thats key, nobody is arguing that going EIC might end up with Gotreks widow being unpaid or the debt not being satisfied. People are talking about wider reputational damage among dwarves as being seen as an embezzler.

How do those dwarfs find out what we did? No dwarf would have the interest to dig for info on this.
 
@Boney Question, Can't we offer 2000 golds worth EIC shares. We own a large percentige we can hand over some shares and not lose our dominance of the company and IF we can get an agreement that she doesn't sell the shares to anybody we don't approve of there is not risk either. (ie, first refusal)

How many shares of EIC, 2000 gold buys anyway? More than 1-2%? less than 1?
 
Cash is the uncomplicated option. We pick it, we don't need to worry about it anymore. Right now, the only thing we've desired to buy out-of-pocket is the Druchii books and even that's only because Dwarfs don't have anything on them and thus it wouldn't be efficient to get them via Barak Varr.

Consider the folowing, if we pay in gold we only have 200 left and gain 200 passively a turn, this very turn people are planning on paying in gold and buying 450 gold worth of books, wich already leaves debt for next turn.
Due to Vow of poverty and thread culture the only way we have to make large sums of cash is adventuring, and due to all costs normal and extraordinary we tend to have we will need large sums of cash.
So credit is the only option where we pay whitould having to make the diference with adventures, the only diference is the flavor of adventure.
Nnnot quite. Not exactly. The updates notes that Mathilde's liquid funds are 2200, yes...

Your current liquid funds, if converted from Imperial and Kislevite coinage to Dwarven, comes in at a little over 2,200 gold coins, which came from various windfalls and if exhausted would take half a decade of frugality to replace.

But if we look at the character sheet...
Personal Wealth: 1,867 Stirland gold crowns, 1,080 Kislev gold ducats. Owes 2000 gold coins to Borek Forkbeard of Karag Dum.
Each Kislevite ducat is worth 0.95 Empire crowns.
1080 x 0.95 = 1026. 1026+1867= 2893. We've the equivalent of 2893 in funds total, it's just that not all of that is immediately accessible.

Subtract 2000 from that and you get 893. Even if we spent 450 gold immediately, we'd still have enough to put us in the green before next turn's income. And people are arguing more in the general vicinity of 350 gold for out-of-pocket books, anyway.

Hell, even if we went nuts and decided to also get Bretonnian books on Cooking and Fungi up to extensive, that'd only be 550, and we still wouldn't be in debt.
 
How do those dwarfs find out what we did? No dwarf would have the interest to dig for info on this.
I don't care. Depends a lot on what actions we do in the future. If we want to start some deal with some dwarf guild, then this might come up as part of their Due Dilligence, if we don't do anything to prompt that interest then they'd probably never find out.

I never vote in this thread because I can't keep up. I just wanted to clarify because the pros and cons of each option where being misunderstood.
 
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Any Dwarves who we might want to enter into a deal with in the future however would, because we're establishing that we do embezzle from companies we own and they're going to wonder if we'll rob them as well.
Thats key, nobody is arguing that going EIC might end up with Gotreks widow being unpaid or the debt not being satisfied. People are talking about wider reputational damage among dwarves as being seen as an embezzler.
Okay let me try this again .

It is possible that someone who somehow knew all the details could interpret the matter that way, but the only person who would know all the details is Mathilde, and whether she interprets the matter that way is for the thread to decide.

There are two ways this goes wrong and we have repercusion.
Mathield tell all the details to someone motivated to look at things in the worst light or Tzeentch grabs the information from her brain in wich case we have bigger problems.
The people who would have a problem if they knew all this won't.
 
Any Dwarves who we might want to enter into a deal with in the future however would, because we're establishing that we do embezzle from companies we own and they're going to wonder if we'll rob them as well.
Thats key, nobody is arguing that going EIC might end up with Gotreks widow being unpaid or the debt not being satisfied. People are talking about wider reputational damage among dwarves as being seen as an embezzler.

If the dwarves somehow invent a mechanism to read Mathilde's mind, I think we're probably more concerned about the vast quantities of necromantic knowledge tucked away in there.

It is the literal definition of embezzlement.
Article: Embezzlement refers to a form of white-collar crime in which a person or entity intentionally misappropriates the assets entrusted to them Source: https://www.investopedia.com/terms/e/embezzlement.asp
As a board member of the EIC we are trusted with EIC assets and we are intentionally misappropriating them.

On the harshest of readings, sure - but when the action is not actually to the detriment of the company, and even advances its interests, in profit and long term sustainable business, it can equally be called an investment.

There is no court on the planet that would uphold charges of embezzlement for actions that resulted in no damages to the company, and long term reputational and monetary gain.
 
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@Boney

I would like to also point out that asking Belegar to loan us the money was suggested. I think that would mechanically be paying the debt with DF, of which we have. I am sure the Metalsmith's guild we saved would pay that amount and consider it a CHEAP settlement for the debt of pulling them out of that ship.
 
1080 x 0.95 = 1026. 1026+1867= 2893. We've the equivalent of 2893 in funds total, it's just that not all of that is immediately accessible.

Subtract 2000 from that and you get 893. Even if we spent 450 gold immediately, we'd still have enough to put us in the green before next turn's income. And people are arguing more in the general vicinity of 350 gold for out-of-pocket books, anyway.
Those are imperial GC, need to divide by 1.3, iirc to get dwarven GC.
 
:rolleyes: Typical Celestial. The most annoying thing about them isn't that they speak in nothing but riddles, but that these riddles should always be paid attention.

Well, it is not as if they can just tell it to you straight forward as otherwise they lock the possibility which they see to be reality. Like that is a major risk of occurring if they do so. As noted below.

Celestials would never interfere with each other's attempts to act mysterious, but there's every chance it's not an act, that's all she's got. Look at the future too closely and you might fix it in place, and you're shit out of luck if it's one you don't like the look of.

It was a possibility that it would occur but it was not guaranteed to occur due to the manner through which they delivered the information.
 
@Boney Question, Can't we offer 2000 golds worth EIC shares. We own a large percentige we can hand over some shares and not lose our dominance of the company and IF we can get an agreement that she doesn't sell the shares to anybody we don't approve of there is not risk either. (ie, first refusal)

How many shares of EIC, 2000 gold buys anyway? More than 1-2%? less than 1?
I don't think the EIC is a publicly traded company with a market value for its shares - pretty sure it's only got a handful of investors, all of whom bought at negotiated prices quite a while ago which are doubtless inaccurate now.
 
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