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http://gizmodo.com/5805791/when-will-websites-stop-ripping-each-other-off-online We've used plenty of The Oatmeal's funny comics in the past, here on Giz .

When Will Websites Stop Ripping Each Other Off?

Cooper Tire Hijacked 2300 Listings at Yahoo Local, Yellow Pages - Search Engine Watch (SEW)

http://searchenginewatch.com/3642005 Over 2,300 Yahoo Local listings have been hijacked by Cooper Tires for at least the past month and no one seems to be able to address the issue. The problem is also occurring at Yellow Pages but not to the extent of Yahoo Local.
The graph below is from the SEOptimise blog showing what happened to a new site after building 10,000 spammy links to it in a single day. What happened was the site tanked in rankings just after a few weeks. He said:

SEO: Building Links To Fast? Look What Can Happen To Your Traffic

http://www.seroundtable.com/fast-links-rankings-13035.html
http://searchengineland.com/report-not-optimizing-for-bing-yahoo-means-loss-of-traffic-56727

Report: Not Optimizing For Bing-Yahoo Means Loss Of Traffic

From an SEM-SEO resource-allocation perspective focusing on Google historically made lots of sense for small and even medium-sized firms.
A recent article by the New York Times related a disturbing story . By treating your customers badly, one merchant told the paper, you can generate complaints and negative reviews that translate to more links to your site; which, in turn, make it more prominent in search engines. http://googleblog.blogspot.com/2010/12/being-bad-to-your-customers-is-bad-for.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2FMKuf+%28Official+Google+Blog%29

Being bad to your customers is bad for business

SEO Takeaways From J.C. Penney Google Paid Link Penalty

http://www.seroundtable.com/jc-penney-google-ban-12952.html I am sure all of you read the NY Times piece from the weekend named The Dirty Little Secrets of Search . It talks about how major realtor, J.C. Penney, had unbelievable Google ranking for many keywords that brought them tons and tons of e-commerce income for several months - but how those rankings were achieved through link spamming.
It may come as no surprise that the news surrounding DecorMyEyes.com and Google’s response to the publicity it got dominated the activity on our sister site, Sphinn, last week.

Hot At Sphinn: Google’s Response To DecorMyEyes, LinkedIn Case Studies & More

http://searchengineland.com/hot-at-sphinn-9-57898

After Google Warning, Forbes Comes Oh So Close To Cleaning Up Its Paid Links

What do you do if Google warns you about a violation of its paid links policy and you can’t find any such links on your web site? http://searchengineland.com/after-google-warning-forbes-close-cleaning-up-paid-links-65163

10 reasons you're not an 'advanced' SEO | Internet Marketing Strategy: Conversation Marketing

I am @#$)(* sick and tired of people telling me they’re “advanced” SEO’s, sitting on “advanced” SEO panels and speaking at “advanced” SEO conferences after three years of screwing up people’s web sites with a nofollow tag. You know what makes you advanced? Knowing how unhelpful robots.txt is if you have 999999 duplicate pages on your web site.