Corporate Opportunity Allegations at ...

Corporate Opportunity Allegations at eBay, The Sequel

There are 2 comments on the Business Law Prof Blog story from Feb 25, 2014, titled Corporate Opportunity Allegations at eBay, The Sequel. In it, Business Law Prof Blog reports that:

We have recently accumulated a significant position in eBay's common stock because we believe there is great long-term value in the business.

Join the discussion below, or Read more at Business Law Prof Blog.

Since: Nov 13

Sydney, Australia

#1 Feb 25, 2014
Carl Icahn is right to get stuck into eBay …

eBay’s long-suffering “long” shareholders would indeed appear to have some reason to complain about that sweet little Skype deal: a neat little pea and thimble routine that took a great deal of money off eBay’s shareholders and put it into the pockets of at least one eBay insider; then, I don’t suppose it really matters as the eBay shareholders have never had a cash dividend and don’t look like ever getting one while the chief headless turkey, Johnny Ho, and his gaggle of feathers friends are lining their nests …

“Never ever hire an MBA; they will ruin your company.”—PayPal founder, Peter Thiel

Since: Nov 13

Sydney, Australia

#2 Feb 26, 2014
“Why eBay CEO Doesn’t Fear Apple Payments”

“Donahoe also said PayPal had the best risk models in the world. "We have 2-, 3- 4-thousand people working on risk. Also, when you're dealing with people's money, people care about if something happens to their money. And if you're guaranteeing it, you've gotta be able to be contactable. We've got 3-, 4- 5-thousand people doing customer support at PayPal.”

Too funny—Johnny Ho can’t even make up his mind how many people he has working on “PreyPal” customer support or “risk management”(what risk management?). Try telephoning the support number on the back of your real bank credit card and see if it takes you any longer than a few seconds to get to speak to a (non-Philippine) support person, and then try the same with “PreyPal”—LOL …

“PayPal had the best risk models in the world”—Seriously, who does the Ho think he’s kidding? Or, maybe his delusions have become so severe that he has come to believe his own spin? Who knows? Maybe Carl Icahn can figure it out …

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