QUOTE(phototristan @ June 30 2008, 11:52 AM)

http://tech.slashdot.org/article.pl?sid=08/06/29/0625249"A GoDaddy Vice President has been caught bidding against customers in their own domain name auctions. The employee Adam Dicker isn't just any GoDaddy employee; he's head of the GoDaddy subsidiary that controls the auctions."
This story has been blown out of proportion, Adam was bidding for himself and was bidding to win, not bidding for GoDaddy and not bidding to inflate prices. Also, 99% of all registrars that have in house auctions either permit this practice or do not expressly prohibit it. Some auction houses have even been known to cherry pick the best expiring names for their own portfolios before releasing the rest of the dropping names to the public.
People know GoDaddy so GoDaddy gets the press, but there is so much other crap that goes on in the domain world that you have no clue about... this is absolutely insignificant.
By the way, GoDaddy has officially banned the practice as of today.
For the love of God, do not use 1and1... their BBB file is almost as long as GoDaddy's.
If you want an interesting read, check out
NoDaddy.com