Downfall
Auction World.tv's downfall came about because of two reasons - the setting and validity of the guide price, and the ability to deliver items in a timely manner. The disappointment for buyers was the ineffectual ability of the regulatory authorities to either take action on complaints, or piece together the scale of the failure of the company to trade honestly or provide what they sold.
Read more about this topic: Auction World.tv
Famous quotes containing the word downfall:
“Show me one thing here on earth which has begun well and not ended badly. The proudest palpitations are engulfed in a sewer, where they cease throbbing, as though having reached their natural term: this downfall constitutes the heart’s drama and the negative meaning of history.”
—E.M. Cioran (b. 1911)
“Children demand that their heroes should be fleckless, and easily believe them so: perhaps a first discovery to the contrary is less revolutionary shock to a passionate child than the threatened downfall of habitual beliefs which makes the world seem to totter for us in maturer life.”
—George Eliot [Mary Ann (or Marian)