If I read between the lines, I think what Brent and Betsy are saying is "String Bidding" and then retracting, or String-bidding and not paying, will be meet with sever punishment.
String bidding alone is probably not a fireable offense, IMO, even though I hate it. It does seem suspect, and you could make a strong case that string-bidding is the gateway drug to retracting/shilling and non-payment.
If someone has a long history of on-time payments and no retractions, but is also a string-bettor, I can't imagine your going to be on their radar.
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