Why now? Why with this story? I've been reading similar complaints to that for years. Some of which were far worse in my view (i.e. taking money out of banks to repay people who weren't even seeking a refund because PayPal changed its mind about someone's product or service). Why does PayPal suddenly care? Is it because there is viable competition now?
Classic case of someone who just can't win whatever he does. People have been crying out for PayPal to change - he notices this, he emails the guy with a first class email but still gets criticised. Criticise him if he doesn't act, don't criticise the guy for being big enough to say 'hey, we have a problem, I want to fix it' - that should be applauded, even if it's come later than people would have liked - at least i…
Apparently he was ok with that, and I'm sure he's being well compensated for it.
PayPal has built up a lot of ill will, and no, it doesn't just go away with a promise to change. It is in fact going to take time.
Let's keep in mind that this offense just happened. It's not the distant past.