Bain Capital-backed Trinseo files for...

Bain Capital-backed Trinseo files for IPO of up to $200 million

There are 3 comments on the Reuters story from Mar 15, 2014, titled Bain Capital-backed Trinseo files for IPO of up to $200 million. In it, Reuters reports that:

Trinseo SA, a plastics maker backed by Bain Capital, filed again with U.S. regulators to raise up to $200 million in an initial public offering of common stock.

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Since: Nov 13

Sydney, Australia

#1 Mar 15, 2014
Hmmm, isn't eBay's cretinous Johnny Ho an ex Bain & Co man?

Johnny Ho and eBay:“Westfield Ho”…

In their justified complaints about the way eBay is treating them, many eBay merchants overlook the most material point: ultimately, eBay does not want them as sellers on its marketplace. It has been clearly stated that Johnny Ho’s dream is to turn eBay into the online “Westfield Mall” for the “leading retailers, brands and manufacturers of the world”. Realistically, that is unlikely to include the great majority of merchants presently selling on eBay.

Further, these sellers are wrong in thinking that, just because they pay fees to eBay, they are eBay’s “true customer”: eBay now is principally—and desperately—interested only in retaining the goodwill of buyers because it is by the numbers and goodwill of those buyer that the Ho hopes (in his dreams) to attract and retain his “preferred” merchants …

Whether sellers like it or not, that is Johnny Ho’s stated plan; whether he can succeed in his dream, with the ever worsening reputations that both eBay and “PreyPal” are developing, is doubtful; will he destroy the eBay marketplace as we know it along the way? Probably. But, such destruction is of no concern for the Ho and his gaggle of feathered friends with whom he runs around in circles all day in the eBay executive suite: they have all well provisioned their lifeboats for the possibility of a foundering. The real question is, are all the small–medium sized merchants that are still trying to sell on eBay yet making their plans for the post-foundering time, and are they now wearing their lifejackets 24/7?

I doubt even Carl Icahn can save eBay now and he probably would not change much anyway, but, regardless, it’s fun watching Icahn make Johnny Ho squirm in the meantime …

Regardless, it’s nigh on impossible to keep a track of all the deceptiveness, deviousness and unscrupulousness, or indeed, the criminal activity, of eBay Inc.; their amoral activities are so pervasive; one can only generalize and describe eBay as an equal opportunity fraudster: they will directly defraud, or will directly and indirectly aid and abet others to defraud, whoever they can, whenever they can, as long as they too can profit from such fraud. Indeed, eBay is demonstrably probably the most unscrupulous commercial entity on the planet; anyone that contracts to do business with eBay does so at their peril … http://bit.ly/11F2eas

The ugly reality of eBay Inc.:
eBay's crooked auctions marketplace ... http://bit.ly/11F2eas
eBay Motors (UK sampling): Auction Fraud Galore ... http://bit.ly/I2gTEU
eBay Motors XSS Redirect Scams in Action: video ... http://bit.ly/1d46NvE
eBay/Gumtree / Barclays Bank Motors Scams … http://bit.ly/1c9Uwck
eBay's clunky, unscrupulous "PreyPal" ... http://bit.ly/UVXx53
The ongoing joke of eBay Inc.... http://bit.ly/YvxFEg
Fun quotes from the eBay executive suite ... http://bit.ly/12xvzyA
DISQUSPAL

Mount Pleasant, TX

#4 May 31, 2014
ebay is dead.. May 31, 2014 ..the hack, the Ho, the scams..

Since: Nov 13

Sydney, Australia

#5 May 31, 2014
Fraud is endemic on eBay "nominal-start" auctions ...

If you try to buy anything at a “nominal-start” auction on any eBay website, you need to take great care ...

Shill bidding fraud by professional sellers on eBay “nominal-start” auctions is demonstrably endemic; wherever you see bidders bidding early and often on such auctions they will most likely be sellers' shills, and eBay Inc. is demonstrably the greatest knowing and calculated enabler and aider and abettor of such fraud on consumers that the world is ever likely to know. And, only the most naïve may believe that there will not be a trickle down effect of like criminal activity to other eBay activities ...

The ugly reality of eBay Inc.:
eBay's crooked auctions marketplace ... http://bit.ly/11F2eas
eBay Motors (UK sampling): Auction Fraud Galore ... http://bit.ly/I2gTEU
Barclays Bank–eBay/Gumtree Motors Scams … http://bit.ly/1c9Uwck
eBay's clunky, unprincipled "PreyPal" ... http://bit.ly/UVXx53
The ongoing joke of eBay Inc.... http://bit.ly/YvxFEg
Fun quotes from the eBay executive suite ... http://bit.ly/12xvzyA

Having now further anonymised buyers’ IDs in its Feedback Forum, the only thing that surprises me about eBay—this lazy, greedy, utterly unscrupulous, criminal operator—is that they have not yet summoned up the gall to even further obscure all this endemic shill bidding fraud—that it knowingly facilitates—by converting its auctions wholly to its optional, devious, seller-selected, "private listing" format, or by changing bidding IDs to "Bidder 1", "Bidder 2", "Bidder 3", etc, as they initially were going to do/did when Johnny Ho first introduced the additional layer of anonymity for (shill) bidders in 2008; nor have they yet ceased to publish the details of "completed" listings, a post-sale analysis of which, with some effort, can clearly demonstrate this endemic fraud, and eBay's calculated facilitation thereof, on the consumers of the world ...

But, the real travesty of justice is that the US DOJ, nor any other regulatory authority, will apparently do anything to even stop this massive, endemic, ongoing, auction fraud, let alone prosecute eBay and its knowing executives, for the calculated facilitation of such rampant fraud on consumers; it appears that “government” has been bought—lock, stock and barrel—by these major corporations ...

eBay Inc, where the incompetent mingle with the malevolent and the criminal …

Notwithstanding that the eBay Dept of Spin likes to claim a “400% increase” in eBay’s share price since the GFC, the fact is, in August 2007, prior to the GFC, when the "Pain From Bain", Johnny Ho, was already effectively in control of eBay, the share prices of eBay and Amazon were both ~$40; with eBay recently ~$50 and Amazon ~$300, clearly, the “smart money” on Wall Street recognises eBay to be a "dog", and Johnny Ho to be a very poor dog handler ...

One also has to wonder if founder Omidyar has ever thought about just how much more fabulously wealthy he might now have been had he not ok'd the handing over of the control of eBay to the delusional, unscrupulous, destructive, incompetent, narcissistic, sociopathic Johnny Ho? Indeed, had he, in August 2007, traded in just the ~108 million eBay shares that he still holds today for shares in Amazon, instead of ~$6 billion, his worth would now have been ~$32 billion! Now that, surely, is something for all of eBay's long-suffering "long" investors to think about, is it not?...

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