Cybersquatters Camp on Domain Names of Merged Financial Institutions

By Jane McEntegart, published on September 19, 2008 at 6:30 PM
Source: Tom's Guide | Keywords: , , , , | Themes: The Internet, Business
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It seems some opportunistic cybersquatters are trying to buy out all possible domain names for merging financial institutions.

In these times of financial fears and Wall Street woes it’s not surprising to see people trying to cash in on the recent economic crashes. Opening the paper and reading recession, recession, recession is an added incentive to make a fast buck or two — and it seems cybersquatters are no exception to that rule.

The possible domain names of merging financial institutions have been snapped up by those who think they may be able to sell them off for a profit at a later stage. www.bankofamericamerrilllynch.com is already up for sale via online auctioning site, eBay with the listing reading as follows:

“With a deal between Bank of America and Merrill Lynch NOW ANNOUNCED, this domain name will soon be incredibly popular. This is the only domain name that conveys the full picture, using the name of both firms. Terms such as Bankof______ make little sense. This is the most comprehensive and commonsensical domain name available concerning the MERGER OF BANK OF AMERICA CORP AND MERRILL LYNCH & CO.”

Also rumored to be for sale are along with bofaml.com, barclayslehman.com, hsbclehman.com, hsbclehmanbrothers.com and bofalehman.com.

(Via BBC UK)

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Comments

Anonymous 09/20/2008 2:45 AM
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There is no way bankofamericamerrilllynch.com is gonna fly...far too long and cumbersome to type in, and with 3 L in a row is very prone to misteaks. Try again!

tim851 09/20/2008 3:13 AM
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Yeah. Plus I thought cybersquatting was illegal now?

Zorg 09/20/2008 3:21 AM
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lightscapes :
and with 3 L in a row is very prone to misteaks. Try again!

Yeah, misteaks. :lol I think you meant mistakes.

They should fine these a hole cybersquatter thieves heavily.

Pei-chen 09/20/2008 5:50 AM
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I think the name will be BOA Merrill Lynch.

Anonymous 09/20/2008 1:28 PM
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Not only company, but also people,rebeccaadlington.com are registered before she win the gold, and is on sale on the site www.rebeccaadlington.com now.

m3d 09/22/2008 9:19 PM
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I personally hates these aholes just buying up domains and parking them, but there is nothing much that can be done about

m3d 09/22/2008 9:19 PM
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m3d :
I personally hate these aholes just buying up domains and parking them, but there is nothing much that can be done about


Anonymous 10/28/2008 2:22 PM
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It is very difficult to determine whether cybersquatting, then I visit insurance broker company Willis HRH, the North American unit of Willis Group Holdings. Very natural, I type www.willishrh.com, but there is a personal blog site, the web site has nothing to do with the Willis HRH. Although Willis HRH may be some economic losses and brand impact, but are not part of cybersquatting.

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