#12
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Re: Neteller Stock Exchange Statement/Bet on Sports
It is not remotely surprising that Neteller is not fighting. As far as their priorities are concerned, Stockholders are at the top of the list, and customers are at the very bottom-- far below the interests of the board members and executives who wish to avoid jail time.
If neteller can preserve a viable non-US business and some value for their stockholders at the expense of forfeiting the U.S. customers money, I expect they will do it in a heartbeat. The real question in all this is ho the DOJ or USAO is going to handle this. I think there is a decent chance that they are mainly interested in the records, getting Neteller out for good, and do not want to see the vast majority of customers get screwed, BUT there are many many ways they could play this, and do not doubt that they are calling the shots. |
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