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Cagliostro Inner circle 2478 Posts |
The November 2012 issue of Bluff magazine has a lengthy commentary on the seven-hour interview Lederer did with PokerNews. Unfortunately I cannot reproduce the article on the forum as it is copyrighted and the online archived version will not be available on Bluffmagazine.com for about two more months. However, I will make some brief comments on the article and reproduce some of it here.
It appears Lederer isn’t saying much but is trying to make amends over Full Tilt. According to the article: Quote:
For 15 months after Black Friday, silence emanated from the Full Tilt Poker headquarter in Dublin. $330 million in frozen player deposits was assumed lost until rival PokerStars acquired Full Tilt’s assets in a surprise three-way deal with the U.S Department of Justice on July 31, 2012. In the interim, players could only theorize how things at Full Tilt went so wrong. I don’t have to time to comment further on this rather lengthy article. Suffice it to say in my opinion Lederer’s comments in the interview leave much to be desired. His statements that he “and others” were not qualified to run a company like Full Tilt and that he really did not fully understand all that was happening leave me personally somewhat aghast. He evidently did not have any problem receiving 30.5 million dollars from the company under very questionable circumstances. Those who have access to the current issue of Bluff magazine might want to read the article. Personally, I think the US DOJ will have some strong statements to make about this in their lawsuits. Since I personally don’t have the facts of this situation I can’t comment defintively, but I find Lederer’s statements to be disingenuous and lack credibility. Having had a financial education myself and having owned four businesses, I realized that many poker stars are basically not that well educated and perhaps quite ignorant regarding financial matters. Their only claim to “fame” is that they play poker well and are “celebrities” of sorts, but still…??? |
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tommy Eternal Order Devil's Island 16544 Posts |
I think he is wonderful.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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slim23 Veteran user 309 Posts |
To those who are interested by this article in Buff magazine but do not have access to it or do not want to buy it, you can access all of the article by downloading the Free app on an Ipod or Iphone. The article is a good read. Personally, I think Mister Lederer is just trying to gain some public sympathy. Maybe, he is up to something...
Slim p.s. I have no benefice here by making publicity for this app! |
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Cagliostro Inner circle 2478 Posts |
Quote:
On 2012-11-03 13:50, tommy wrote: As usual, your judgment is impeccable and beyond reproach. If he gets five to ten, will you serve the time for him if he gives you an autographed picture in return? |
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Cagliostro Inner circle 2478 Posts |
Quote:
On 2012-11-03 15:18, slim23 wrote: I think Lederer wants to get back into the poker playing community and perhaps "justify" his role in this. By claiming ignorance, business incompetence and lack of financial knowledge, perhaps he feels that in some bizarre way he is not responsible for any of this debacle and cannot be held accountable. But…he did receive 30.5 million dollars. Hmmm. Time will tell how this all plays out. |
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iamslow Inner circle Proffessional Slacker 2001 Posts |
Regardless of how he tries to sugar coat his name, "Howard LEderer" is a piece of $Hit...
"Everyone has a plan till they get punched in the face" Mike Tyson
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tommy Eternal Order Devil's Island 16544 Posts |
Better luck next time.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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acesover Special user I believe I have 821 Posts |
Quote:
On 2012-11-03 15:59, Cagliostro wrote: Love this response. But you must consider the source of the first statement. TOMMY
If I were to agree with you. Then we would both be wrong. As of Apr 5, 2015 10:26 pm I have 880 posts. Used to have over 1,000
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kris knave New user 13 Posts |
I wonder if Mike Matusow is still kicking himself that he didn't accept the invitation to be an joint owner when they were setting the FT business up?...
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tommy Eternal Order Devil's Island 16544 Posts |
It's a wonder anyone living in Henderson, Nevada with Mike "The Mouth" Matusow hasn't heard.
“F___! F___! F___!” - Mike Matusow :)
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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magicfish Inner circle 7004 Posts |
Should make for a great episode of American Greed.
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tommy Eternal Order Devil's Island 16544 Posts |
If I were him I would go and play at the casino and lose it all to me so the DOJ can't get it and I will give it him back when he gets out.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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Cagliostro Inner circle 2478 Posts |
Quote:
On 2012-11-08 01:13, tommy wrote: I don't mean to be impolite, but is English your first language? |
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tommy Eternal Order Devil's Island 16544 Posts |
None of us villains can read or write but we can all count.
Which is why the Yellow Kid knows you are a fake and never done any villainy. The Yellow Kid spotted the Emperor had no cloths a mile away didn't he Cag?
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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Cagliostro Inner circle 2478 Posts |
Quote:
On 2012-11-08 11:39, tommy wrote: Yes he did. Seems like you are as clever and perceptive as he. |
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tommy Eternal Order Devil's Island 16544 Posts |
Seems you personally are somewhat aghast at Lederer because you personally have never had the balls to steal anything yourself.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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Cagliostro Inner circle 2478 Posts |
Tommy, it is a loop. Please refer back to my previous comment and continue to do so with each subsequent post. This way I don't waste my valuable time and you can continue to post in a similar vein, ad nauseum. LOL
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tommy Eternal Order Devil's Island 16544 Posts |
Ad nauseam ... is that Italian?
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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mtgoldstein Veteran user Houston, TX 325 Posts |
I'm just curious if I have anyway of getting my (significant ) funds back or have they just disappeared into Mr L's pocket?
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tommy Eternal Order Devil's Island 16544 Posts |
If Mr L loses it all to me, for a while, before the DOJ gets a chance of getting its hands on it and giving it back to you, then you will have no chance, but the longer he has it the more chance you have got of getting back. Or go to Bobs room and take it off him there.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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