Paypal wants to be a bank without being regulated as a bank. If they were regulated, this sort of fiasco would get their charter revoked. In addition, the busi

Paypal wants to be a bank without being regulated as a bank. If they were regulated, this sort of fiasco would get their charter revoked. In addition, the business courses I'm taking all (in the text books and case studies used in classes) point to how eBay is trying to transition away from the auction model and turn into fix-price sales as some sort of discount Amazon Marketplace. Making life miserable for smaller retailers and auctioners is part of this goal.