Ken - I'm not saying its not cool for Jettis, I assumed the amount of fines you guys received (especially in the case of Global) far exceeded your profit margins for such an account. However, I do know that ibill was fined millions of dollars by MC and based zero of those fines to their merchants.
I'm quite pissed about the volume of the fine and how MC actually gets away with it.
That said, Jettis is cool in my book - I'm just waiting on word on the exact amount of the fines and more detail. I'd like to know how long I'll go with that lost revenue
That OBVIOUSLY hurts...
Had I been in your shoes I would have done the same thing, any business man would have.