I don’t pretend to understand the reasons behind the current financial meltdown, but I do know that the topography of the money business is going to be changing soon. I don’t have any way to capitalize on that (I just cower here in a corner, nervously stroking my Benjamins), but domain squatters do. By now every possible merger, acquisition, and bailout is reflected in domain names, for sale to the highest bidder, but likely being surreptitiously submitted to the IT and legal departments at bank after bank.
But do you really think there’s going to be a “www.bankofamericamerrilllynch.com”? It’s equally unlikely that such a clumsy name would be used as a web address, an actual bank name, or that the merger would actually take place.
I had a boss who was a domain squatter. Even after countless legal letters and domain transfer he never learned that big companies wouldn’t buy them when they could simply send a cease and desist notice.
Heh. Did he just do it as a hobby?
Maybe, I never thought of that. Maybe it’s like stamp collecting, but then you throw them away shortly after buying them.