Yeah, how could anyone be so desperate as to borrow money at pay-day lender rates from a licensed gouger (GE?) via eBay's unlicensed "PreyPal"?

Draft eBay Media Release—Confidential …

“It is with great sadness that eBay’s chief headless turkey, John Joseph Donahoe II (aka Johnny Ho), has announced the anticipated incapacitation of eBay’s most ugly adopted daughter, PayPal. ‘PreyPal’ is about to be severely adversely affected by new, particularly virulent, strains of professional online/mobile digital wallet: MasterCard’s ‘MasterPass’ and Visa’s ‘Visa Checkout’, in addition to financial institutions’ displeasure due to ‘PreyPal’ transactions resulting in far too many credit card charge-backs, and also much ‘PreyPal’ merchant-payee dissatisfaction regarding utterly unprofessional transaction dispute mediation and arbitrary (unlawful) holds on payees’ funds. Add to that Johnny Ho’s recent introduction of a PayPal 180-day ‘rental service’ for buyers … http://bit.ly/12xvzyA

“‘PreyPal’ may therefore be expected to soon begin to deteriorate in health and, if ultimately not completely incapacitated, will most likely be eventually confined to servicing what little there will be left, by then, of the Johnny Ho-devastated eBay marketplace and to being the merchant account provider of last resort for those small online sellers that do not have the confidence of their own retail banker.

“There is no cure this condition, and Johnny Ho is particularly saddened by the inevitability that, in the not too distant future, ‘PreyPal’ will be unable to continue to underpin the eBay marketplace’s atrophying revenues—notwithstanding Johnny Ho’s ever increasing, percentage wise, of eBay’s final valuation fees on sales.” … http://bit.ly/UVXx53

Will the announced spin off from eBay of ‘PreyPal’ alleviate this situation?—only in Carl Icahn’s dreams … http://bit.ly/1nSA1Zl

The eBay executive suite—where the incompetent mingle with the disingenuous, the malevolent and the outright criminal, and the just plain stupid ... http://bit.ly/11F2eas