Quote:
Originally Posted by Pornwolf
You guys are smoking crack to think that a company that is based in the US and does the bulk of it's business here has any leverage when it comes to protecting your info. It doesn't matter where they put certain accounts. As long as the company is still called PayPal your privacy protection is mild at best.
There may be other reasons the move makes sense but privacy is not one of em.
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Know nothing about how ebay is constructed and, rest assured, they will have spent plenty time arranging their affairs.
There are too many possibilties and biz arrangements and it's really up to whatever directors are in place in any legal entities in whatever countries as to how they behave. They will be governed by the laws of the country of incorporation.
Example... a possible accquistion may not even be financed by ebay and the lenders can be directors of totally different legal entities in other countries - and some of these directors may represent lenders. Each legal entitity is responsible for it's own conduct and will have it's own deals with other corps.
As far as any possible limited disclosure to EU clients is concerned - that's not a big deal - tho may not be the purpose of the move or the reason for bank formation.
It's very hard to say "it's all ebay" - doubt life is that simple man.