Originally Posted by PBucksJohn

I understand you are frustrated and you have every right to be. Anyone who loses money is going to be angry about it and they will usually direct that anger to whoever is the face of that company at the time.

As you said, Cathy took leadership during the worst of it. She became the face of iBill's downfall even though the events that caused FD to terminate iBill's relationship with them had been set in motion prior to Cathy's taking the position of CEO. She had no idea of the situation when she took the position and could have very easily walked away when she found out what was going on. She chose not to because she hoped she could do something positive for those who were about to lose a lot of money. She did do things for iBill clients that would not have happened had she not been there. For example, $20 million was freed up and paid out to EU merchants during Cathy's time there which most likely would not have been paid out had she not been there. Unfortunately, the US reserves were a lot harder to have distributed.

Again, I totally understand your anger and frustration. I had close friends of mine who were screwed by iBill. I know what went on there. It was a shitty thing that happened. Of course Cathy is going to tell you she is doing everything she can to get you paid, she was. Unfortunately she did all she could and that left a lot of people out in the cold and unpaid.

That article is from The New York Daily Times, whatever that is, not the New York Times. I have no idea what that is and how respectable it is and therefore I'm not going to comment on the article.

Again, I understand your anger and you have every right to be angry. Hopefully one day you'll place that anger where it is deserved, at those who caused iBill to fall as it did and not at those who were the face of iBill when things became public and did everything she could to get as much paid out as possible.