Auction Quality Control

September 28th, 2007 at 08:28am David Bush - Iasta

Fortunately, Ebay was able to catch a minor problem with a recent bid that appeared online. Appears that some one put Belgium up for sale in another attempt for an exit strategy within a failing model. (Hat tip, Tony P).

However, this is a good lesson in best practices as the sponsor really was not in a position to complete the transaction, although it does seem that they set a good starting price which generated sufficient interest. The ending bid would seem untenable, however, seeing as though the “winner” would take on $300b Euro in national debt.

Also of interest, is the growing mystery of ‘Who is Tony Poshek”? Well, he made me drink too many Black and Tans last time I saw him, so my memory is very fuzzy on this, sorry Charles. However, if you see a guy with a guitar case come into a bar, it might be him.

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Entry Filed under: General