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ScanMyPhotos.com Adds "WallStreetScanning.com" Name to Parody Washington's Bailout


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© Business Wire 2008
2008-10-07 00:30:00 -

inc.
mastercard
credit card fees
merchant interchange
jim cramer
orange county, wall street
washington bailout scanmyphotos.com
mitch goldstone
visa - ScanMyPhotos.com Mitch Goldstone, 949-474-7654 Email: Goldstone (at) ScanMyPhotos.com "Why should Wall Street bankers be the only ones collecting more than $800 billion in government bailouts?" questioned Mitch Goldstone, president and CEO of ScanMyPhotos.com.

Along with millions of hard-working entrepreneurial Americans, ScanMyPhotos.com said it is fed up with

the banks' irresponsible, blinding greed and windfall payoffs caused by their ghastly mismanagement. "The financial industry's executives were so reckless," said Goldstone, "that I am spoofing them by adding the 'Wall Street' moniker to demonstrate how absurd this bailout is."

According to Goldstone, "Washington and Wall Street bankers have overlooked the real engine that powers our economy. To make sure that the flawed bailout is not engineered just to help Wall Street, but instead stabilize the economy, the capital should be redirected to families and businesses."

ScanMyPhotos.com International, the Ecommerce photo imaging pioneer, said it is adding the domain name "WallStreetScanning.com" to reflect the absurdity of this unfair corporate welfare lifeline that seems designed to help companies on Wall Street rather than Main Street.

"If Washington is providing billions to 'Wall Street,' we want to be in line too. Proceeds would be used to expand our international high-speed photo scanning business, hire more employees, invest in added infrastructure and expand our menu of photo imaging services," said Goldstone.

Goldstone is not holding his breath and explained that "if the stimulus money does not trickle its way to WallStreetScanning.com, the company will also retain its principal website identification, ScanMyPhotos.com."

Separately, Goldstone's company is a lead plaintiff in the multibillion dollar merchant interchange antitrust litigation against Visa, MasterCard and major member banks. News and commentary updates on this price-fixing complaint are available at WayTooHigh.com - The Credit Card Interchange Report.

Mitch Goldstone is a well-known leader in the photo imaging industry and past speaker at international photo industry conferences and at the Consumer Electronics Show. ScanMyPhotos.com has digitally preserved more than 9-million pictures, operates an international Ecommerce photo imaging company and retail photo center, based in Irvine, Calif. The company, founded in 1990, is regularly profiled by the national media for its innovations and entrepreneurial creativity. Recently, ScanMyPhotos.com was profiled in The New York Times by "Personal Tech" columnist, David Pogue and publishes Tales from the World of Photo Scanning (blog.ScanMyPhotos.com).

"Wall Street" added to company name as parody of Washington finacial bailout


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