Unholy Alliance?

Does anyone know the nature of the Ebay/Paypal relationship? Does one of them own the other? Or 'assist with the running of"? I read something about this somewhere, but can't find now.Thx.

I believe paypal is wholly owned by paypal.

http://investor.ebay.com/releasedetail.cfm?ReleaseID=640656

PayPal is a subsidiary of eBay Inc.

http://en.wikipedia.org/wiki/Paypal

Paypal is a subsidiary of Ebay since 2002.

Thanks guys. Interesting, and a bit disquieting. I'm sure many (most?) people think of Ebay as just an auction site. No wonder none of my angry emails have ever made the slightest difference.. :\