Did PSA get a free pass on The American Greed show?

[Mdmtx]

Originally Posted by doug.goodman

They are only opinions, you are correct, but the mud slinging is well justified.

Hypothetical conversation in the office of people who get paid for their opinions :

Person 1 - "this card looks trimmed"
Person 2 - "well then we need another card to be the first card we grade"
Person 3 - "Doesn't look trimmed to me, looks like an 8"

Whether person 1 is lower than person 2 who is lower than person 3 in the pecking order in this hypothetical conversation is unknown to me.

Doug

Doug,

I am not defending psa at all. But I doubt that any person or entity would make accusations or claims against an opinion based company unless it had PROOF of fraud. If they do so without proof, psa would own them.

Mark

[doug.goodman]

Originally Posted by Mdmtx

Doug,

I am not defending psa at all. But I doubt that any person or entity would make accusations or claims against an opinion based company unless it had PROOF of fraud. If they do so without proof, psa would own them.

Mark

Right, and that's what they hide behind, because you can't "prove" what the opinion of another person is.

All they have to do is lie about what their own opinion is, which serves the triple purpose of saving their asses from legal issues, making a boatload of money / business for their company, and ruining the fun of the hobby.

How great is it for the entire business of paying people for their opinions that the first paid opinion was a lie, we know it's a lie, and it's still ignored as a lie.

Barry's comment about "close enough" is aiming in the right direction, but the more to the point - they lie because it makes them money.

Doug

[oldjudge]

Too many powerful people have too much money tied up in the PSA registry; in my opinion they are essentially bullet proof.

[doug.goodman]

Originally Posted by oldjudge

Too many powerful people have too much money tied up in the PSA registry; in my opinion they are essentially bullet proof.

Yep

[Peter_Spaeth]

Originally Posted by oldjudge

Too many powerful people have too much money tied up in the PSA registry; in my opinion they are essentially bullet proof.

Sort of like our banks, too big to fail? There is some truth to that, even if a major scandal broke, most guys would find a way to justify going on as usual, and the damage would be controlled.

[Dpeck100]

I saw the PDF file of the names involved. There was a Peter Spaeth on it. Not the most common name. Peter is that you or another Peter Spaeth?

[Peter_Spaeth]

David, last year when the list came out I posted a detailed description of the transaction in question and my perspective on it, and answered questions. A number of board members whose names appeared (in some cases multiple times) chose to remain silent. Which was the better course, who knows, but in any event I really am not inclined to go another round, so I refer you to the prior thread.

[Dpeck100]

Cool. Yesterday was the first time I saw the list. It was one of the largest percentage losses I saw and so it stuck out like a sore thumb and I saw the name Peter Spaeth next to it. I only recall a few names that were important to the hobby like Dave Forman being on it when it was released and discussing how that would be a concern if David Hall or Joe Orlando were named but they weren't. With that being the case I think it was wise to not try and implicate the third party graders.

[doug.goodman]

Originally Posted by Peter_Spaeth

Sort of like our banks, too big to fail? There is some truth to that, even if a major scandal broke, most guys would find a way to justify going on as usual, and the damage would be controlled.

Everybody (who uses the people who get paid for their opinions) already finds a way to justify it, remember that part about the first card being a lie?

Doug