eBay Loses PayPal President David Marcus to Facebook

by: Massachusets Howler

I want to know if David Marcus and John Donahoe KNEW about the breach BEFORE the stockholders meeting- that is what I and OTHERS want to know.
Did Donahoe know- Yes or No????????
Did David Marcus know- Yes or No???

I SAY AGAIN- DID JD OR David Marcus KNOW ABOUT THE BREACH before the meeting AND DID THEY DECIEVE INVESTORS?

DID THEY KNOW?

MH

by: Philip Cohen

What's up David, you get tired of being surrounded by so many headless turkeys?

eBay Inc, where the incompetent mingle with the malevolent and the criminal, and the just plain stupid ... http://bit.ly/11F2eas

by: Philip Cohen

"The parting of ways seems collegial, with eBay CEO John Donahoe saying nice things about Marcus in a statement"

I can assure you that such partings are never "collegial"—except when the departing person is leaving only to "spend time with their family" ...

How about Johnny Ho departing next?

eBay Inc, where the incompetent mingle with the malevolent and the criminal, and the just plain stupid ... http://bit.ly/11F2eas

by: Ming the Merciless

Has Lyin Ryan moved on?

If The Ho will be running PayPal's day to day operations, I'm sure he'll do the same stand up job he does for ebay.

If you keep money in PayPal, sellers should consider moving into a secure bank account.

Call it a PayPal "run." A run on banks in 1929 precipitated the Great Depression, and a run on PayPal would diminish the amount of working capital The Ho has to play with.

by: Ming the Merciless

Bye, Bye Alfred E. Neuman.

I don't like Facebook, either.

by: Massachusets Howler

(Does this mean that the Paypal coke machine is safe from further hacks, as directed and supported by David Marcus)?
David Marcus, the PP "President" who urges and commends his employees for performing ILLEGAL HACKING of vending machines.
How much SYMPATHY should we have about ebay being hacked when David Marcus HIMSELF Chastised employees ("paypals"- YUCK) for not hacking a coke machine!!

I hope that coke machines owner knows why he kept coming up short- David Marcus- THIS IS THEFT and you really showed YOUR TRUE NATURE with that email.
MH

by: sasikat9

The Ho will run paypal while they look for a replacement....

Hang on folks changes are in the wind again.

by: iheartjacksparrow

"John Donahoe will lead the PayPal day-to-day operations."

And we know what a great job JD did leading eBay!

by: Ric

This marks the second notable departure from eBay in as many weeks. Perhaps the rats are abandoning eBay's sinking ship and seeking to escape being forever associated with the steady decline of a once mighty company.

No doubt in my mind that eBay will replace Mr Marcus with yet another extremely over compensated MBA who lacks experience as an eBay and PayPal user.

Part of the interview process will likely include questions about the candidate's ability to ignore user complaints, as well as users best interests while assuring that PayPal's bottom line is the primary concern.

It is also likely that the next PayPal President will have to open a PayPal account (which will go unused) since management at eBay traditionally does not use the companies products or services.

by: Puck

News Flash - Alfalfa Calls It Quits!

by: Puck

''Donahoe will have a daunting task to find a candidate that can step into place with an unplanned transition.''

He's checking to see if Scott Thompson or the former CEO of Circuit City is available.

by: Puck

''John Donahoe will lead the PayPal day-to-day operations.''

Huzzah!

by: Puck

''Donahoe will have a daunting task to find a candidate that can step into place with an unplanned transition.''

He's checking to see if Scott Thompson or the former CEO of Circuit City is available

Perhaps recall Lorrie Norrington back from Gulag More Family Time.  

by: Mr. Me

Wow, what a vote of non=confidence, and leaving for a washed-up last-years-fad company, facebook !,
eBays stock is rapidly going down the toilet this should "pull the lever a couple more times", fun to watch.
Uh-oh ... I just used the words fun and ebay in the same sentence, havent done that since 2008!
Will somebody send Donahoe and Ichan a couple tubes of preparation-H!

by: NetWatch

A few things to consider...PLAUSIBLE SCENARIO PRESENTED IN AN EBAY DISCUSSION BOARD THREAD EARLIER: gopetersen wrote:
"Marcus to Donahoe: What are you doing telling everyone there will be Bitcoin-PayPal integration in the near future?

Donahoe: Just do it.

Marcus: Like hell. Do you even know what you're talking about? Do you realize what that entails? I'm gone."

Reading between the lines with Donahoe's recent BitCoin remarks, one wonders if Marcus' new replacement at PayPal will be someone from Bitcoin or someone familiar with initiating a BitCoin integration into PayPal.

by: Ming the Merciless

@ Mr. Me

"Wow, what a vote of non=confidence, and leaving for a washed-up last-years-fad company, facebook!

Shhh! Marcus doesn't know just last year Facebook is.

Somehow this looks like either s step down or a lateral move. Happy campers do neither.

by: Massachusets Howler

I though David Marcus wanted to "Change the World"- Thought he woke up each day and his very 1st smiley morning thought was of his dear Paypal- thought he was "Passionate about PP"- in fact "So Passionate" of his mission at Paypal that nothing else mattered? That he was not "wasting his life because he was passionate about improving the world"??

From his very passionate words I first though he was talking about working for FEED THE CHILDREN or something- not the parasite paypal!

Were these GENUINE feelings Mr. Marcus??

I mean, David, how will you be able to LIVE without your beloved Paypal??

Sorry David, you will have to "Save the World" some other way.

Perhaps you will meet your life's pursuits and karmic mission over at Facebook.

How LUCKY the folks at Facebook are indeed- Please oh Please David Marcus come back to us at ebay as we need your wise visions.

Help save our world!

Facebook be blessed with this wonderful "changer of the World".

How will we do without this wonderful visionary "partner"?

For a while, I thought David Marcus was the 1st man on earth who actually had a secret love affair with a corporation.

Facebook vending machine guys- count your change carefully.

REMEMBER the exact wording of that letter DM wrote to his Paypal's- he was a primary maintainer/ENFORCER of the ebay company line over there and now he is gone- it will be increasingly difficult for JD to maintain this company illusion himself.
This in itself is a strong catalyst for change.
But I haven't listed anything in monts so I really do not care.
JD can stand alone- tee-hee-hee.
MH

by: The End

Seems Marcus was unable to stop those PayPal Holds. Nobody wants those but Donahoe.
That's what Rakesh Agrawal was trying to accomplish when he ran into the Brick Wall.
So, essentially, No One is in charge at PayPal now.
PayPal is still a criminal entity.

by: pace306

Its all smoke & mirrors.

Marcus knows the REAL numbers and ran for the hills.

He knows how much business comes frm where - the declining numbers on eBay which is basically Paypals life line.

If eBay went belly up tomorrow, Paypal is OOB. There would be no more sellers to steal from, hence o Lears, mansions and million dollar bonuses.

If things were rosy at Paypal, why leave? If he was leaving for Apple, or Google and had job in hand he would have said so.

He better PRAY to what what ever god he believes in that no one in the firm he goes to ever had the "usual Paypal encounter" or he will be out of a job ASAP.

Why is JD getting involved? Doesnt he have the data breach, the Google issue and many other things on his plate, or are they all "old news by now" ... guess they are. Lie, steal, cheat then move on as if nothing ever happened.

JD needs time now to find a new stooge that will go along with his crooked schemes .... any takers? Rikers full of con men - maybe Bernie Madoff is available?

by: baconsdozen

Poor old paypal,just when they thought things couldn't get any worse.