Philip Cohen

American Express Buys into the Alternative Online Payments Revolution

‘Noise’ Donahoe has even talked about the possibility of offloading PayPal because he is just smart enough to know that PayPal is as ‘clunky’ as the eBay auction system is, that PayPal is a system more suited to a banking operation and that if ‘the banks’ and their credit card company partners ever get off their butts and introduce a like terminal/card-less payments system to supplement their credit card operations (which the major credit card companies would undoubtedly implement professionally), the banks will dispose of PayPal—outside of the ever-shrinking eBay marketplace—in about five minutes flat.

Why then is Donahoe still trying to destroy eBay?
www.auctionbytes.com/f...

Wall Street Breakfast: Must-Know News

eBay has been losing "traction" for some time now; maybe it's about time they let another crew have a go; the present head driver, in particular, seems to be particularly incompetent (pity poor Intel).

Option Spreads With Large Upside and Limited Downside

Hey, the intention is not that investors make any money but simply that they keep trading in the hope ...; that way the brokers eventually finish up with it all.