It's no surprise that eBay's shares recently fell 13.8 percent. They've been on a downward spiral since before current CEO Donahoe, harkening back to Republican businesswoman extradinaire Meg Whitman who seemed hell bent on using the same Wal-Mart-like tactics to squeeze and squeeze every last penny of profit out of eBay without taking into account sellers, buyers, the origins of the company or
long-term prosperity.
Indeed, as a seller, I was recently charged well over $100 for eBay services that I had cancelled months ago (and eBay acknowledged that I had, in fact, cancelled these services months ago but I have yet to see a dime in refunds). They've used the same tactic with many, many other sellers in an attempt to bolster their sagging numbers with shareholders.
eBay = Greedbay.
