US regulator orders PayPal to pay $25 million in refunds, fines

Discussion in 'Markets & Economies' started by Antalon, May 20, 2015.

  1. Antalon

    Antalon Active Member Silver Stacker

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  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    :rolleyes:

    What a fucking joke. $25 million??? What about the trillions in credit that the US government has signed up on behalf of its citizens without their permission?

    Please, spare me this hypocrisy.
     
  3. FlashInThePan

    FlashInThePan Member

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    Absolutely. One can see the large banks and there affiliations are a specially protected untouchable group or corporations operating in parallel with the rest of us masquerading as operating at the same plane.
     
  4. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    The banks didn't like the competition, while I was filling in online bank forms and finding out IBAN numbers and googling for the $%#@! German Street address of Silver.de's bank branch to do a bank transfer, Paypal were making international peer-to-peer transfers with just an email account.

    The banks either had to pick up their own game or knobble the competition.

    Mind you if the US decides to rip paypal a new one for their interesting exchange rates I won't be sorry, I don't mind paying the fees but I only just found out how badly you do with the exchange rate.
     

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