Re: The official NETELLER thread
If Neteller plans on staying in business long term, then I would think they are actively trying to come up with a plan to get our money back to us soon.
Yes, they make interest on our money. However, I would guess they are in short-term liquid investments that make, at best, maybe 5%. That's a daily rate of 0.01%. Not a significant enough amount to a company that was/is valued at hundreds of millions of dollars.
The upper management, actively running Neteller, probably doesn't own a huge percentage of the company. In general, people with these circumstances are not going to try and run the company into the ground, if they can help it. They want to be able to keep their jobs and know the longer they delay in paying us out, the more damage it costs the company long-term (well more than 0.01% per day).
I have already heard cases of non-US people being apprehensive about using Neteller now, and I am certain Neteller realizes this, too. IF Neteller were smart though, they would offer to pay interest to US-locked accounts at the T-bill rate or equivalent. This would cost the company very little and do a tremendous amount for PR long-term.
Another scenario I have come up with though...
They are attempting to keep the illusion of paying US accounts until they can get their stock trading again, so they can dump any shares they may have. Then, let the company burn.
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