Quote:
Originally Posted by Bigdaddy
One big note here is that PWCC has plenty of competition in several other auction houses. They always seemed to have 'nice stuff', but maybe that was because they were enabling the doctors to bring it to market. If that distinction of having the best stuff goes away, it would be easy for folks to walk away from PWCC. There is nothing to lose. And as soon as the buyers stop buying, the consignors will stop consigning.
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Focusing on this portion of your response I would agree that the quickest change possible is possible here, but people have to vote with their cards and their cash.
If the cards start going to the REA's, Sterling's, LOTG's etc... the dollars will follow. Likewise if the dollars stop going to PWCC consignments the consignments will go elsewhere. This COULD be an incredibly quick process if ethics outweighed money and "stuff." Even here on Net54 which is pretty close to the epicenter of the scandal we have people still consigning and buying from bad actors. Every sale and consignment decreases the chance that the guilty parties have to find a new way to make a living.