Quote:
Originally posted by gothweb
Sure it is. Yes, Worldcom tanked. So they can't pay iBill. However, while it would be expensive, iBill did have the *option* choose to to eat the loss themselves. They decided not to pay Webmasters for those sales. Sure they didn't get the money, but a webmaster's contract isn't with WorldCom.
After all, it is their responsibility to pay webmasters for *sales*, not for what iBill actually get's paid. Unless they get chapter-11 status too, they are still responsible for their own debts. Only WorldCom gets off the hook from their Ch11 status.
For all I know this sort of thing is in iBill's contracts already. So I am sure what they did was legal... However, they did not *have* to do it they way they did. It isn't like 900 is a huge portion of sales. Can we say "one-time expenditure" and "tax write-off"?
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Exactly, since the Worldcom news is so wide spread in the news its easy for them to just point the finger. You are truly correct when you say that it is their job to pay us for "sales".