fellowex

Why AIG Wasn't Allowed to Fail

Protecting the market from the free fall just made public the loss, meaning those who did not chose to participate carried the load. We still don't know who should have gotten tagged with the problems, so instead we're elongating the situation. Throwing good money after bad.

The financial system would have figured it out. Some companies would have gone out of business. Some people would have gotten assets for cheap. Meaning the market reallocated the poorly used resources for a better outcome. Instead, we get a pendulum swing in disgust: Now we are being sold Keynes models, Socialized Medicine (what did that have to do with this?), higher taxes on value creation. Exactly the same reaction -- instantiated differently -- that we got in the 30's overreaction to the stock market crash. Which means we are likely prolonging the recovery period as we did then, as Japan did in the 90's. Furthermore, we are burdening future generations not only with this debt, but with radical overreactions that cannot be easily unwound.

eBay Showing Sellers the Door?

monib1969:

The new feedback changes include a policy on Buyer-attempted feedback extortion.

eBay Showing Sellers the Door?

Oh yeah, I get it. eBay shareholders benefit by attracting bum buyers? THink about it. Bad buyer experience means lack of repeat buying. Less goods sold. Not only bad for eBay shareholders (after all, this is an investment site), but bad for legit sellers because there aren't as many real users to transact. Sure, you have some bs buyers. Think of all the things that can go wrong on the buy side. eBay is acting responsibly. A quality seller recognizes the occasional high-maintenance buyer as a cost of doing business, but doesn't whine about "abuse".

eBay Showing Sellers the Door?

Wow, look at all the anti-buyer bias! For years it's been all about the sellers, and now that eBay is trying to bring balance, the sellers talk about "buyer abuse"? LIke what? Sending you all pennies? If buyers don't pay, you have recourse. If sellers deliver different than what they promised, or slower, or not at all, buyers now get to leave a reputation score without fear of retribution. Boo-hoo.

If you hate buyers that much, you need to go. And you'll get chased from the next place, too.

A Solution for eBay and Its Frustrated Seller Community

Surely this one satisfied customer cannot be as representative of the 10's of million of eBay sellers as the entitlement crowd who usually post here. eBay has empowered? Surely nobody really feels this way, which is why eBay is nearly out of business. Look at their site, there are only 5 items for sale, and they're all fake!

eBay Watch: True P/E Ratio, Listings Update, Business/Casual Seller Mix

Nice conspiracy theory about the false listings, but absolutely not true. Test listings are created only to validate the listing processes are working correctly, not to inflate metrics, and are delete immediately so as to not clog up the buying experience. The numbers are not significant. So perhaps, jrkirk, you should get real data before asserting malfeasance and challenging other analysis.

eBay Bares Its Ugly New Face

Lot's of anger here -- I have one quick question:

If you were the new CEO, what would YOU do to improve the situation with INVESTORS?