[lbo-talk] Fw: Corporate Greed Thwarts Tsunami Relief Donations

Leigh Meyers leigh_m at sbcglobal.net
Sat Jan 8 09:35:19 PST 2005


----- Original Message ----- From: Robert Arnold To: NEWSROOM-L at LISTS.NETSPACE.ORG Sent: Saturday, January 08, 2005 9:20 AM Subject: [NEWSROOM-L] Corporate Greed Thwarts Tsunami Relief Donations

This has to be one of the most stunning examples of corporate idiocy I've ever seen. It prolly won't see any coverage in the mainstream media, but it should.

Red Cross Refuses Donations from eBay Competitor By Ina Steiner AuctionBytes.com January 06, 2005

eBay competitor Overstock Auctions will be contributing to victims of the Tsunami disaster in Southeast Asia via their charity auctions, however the Red Cross will not be a recipient of their efforts.

Overstock Auctions, which launched in September, put into place a system to allow its sellers to place charity auctions on the site to aid in tsunami relief efforts. It allowed sellers to choose from a several charities, one of which was the Red Cross.

But according to Overstock Auctions Vice President Holly MacDonald-Korth, the Red Cross would not accept donations from them because the Red Cross has an exclusive contract with eBay.

(snip)

http://auctionbytes.com/cab/abn/y05/m01/i06/s02

R.

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