Re:Is the Better Business Bureau a protection racket?
by philwelch on Wednesday December 08, 2010 @12:38PM
(#1983772)
They're a non-profit, so there's probably nobody raking in particularly large sums of cash from their shady or sloppy ratings, but it would be daft to rely on them.
Unfortunately, "non-profit" doesn't really rule out financial corruption. And financial corruption isn't necessary for organizations to act this way--the natural tendency of any organization or institution to perpetuate its own existence is probably enough.
Re:Is the Better Business Bureau a protection racket?
by cdr on Wednesday December 08, 2010 @02:38PM
(#1984297)
The BBB is a hugely profitable enterprise with a huge payroll. I'm not sure they're even classified as a non-profit.
The executives of the BBB make hundreds of thousands a year, according to 20/20: http://www.youtube.com/watch?v=Yo8kfV9kONw
*who, if there was any justice in the world, would have become the first casualties of the credit crunch, along with their business model