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Diamond Flush Articles: The Distortion of Truth from the Lederer Files Diamond Flush Articles: The Distortion of Truth from the Lederer Files

10-05-2012 , 07:10 PM
I've got to agree...this has be exceptionally underwhelming to this point. It's felt more like DF doing a book reading of previously-known facts, occasionally including some of her own commentary, or pontificating on questions that should have been asked but weren't. Thought this was going to include some juicy tidbits...but my expectations dim with each installment.
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10-05-2012 , 07:45 PM
Quote:
Originally Posted by NeedsToBeSaid
Something is missing from your theory. There are no advertisements on the site.
That's a good point. I don't see any ads... but maybe they'll "become clearer later".
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10-05-2012 , 09:00 PM
I agree. Would be nice to just have the whole thing come out or at least not days in between but anything supplied is nice.
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10-05-2012 , 09:02 PM
Quote:
Originally Posted by pimmelsau
7 lederer files
7 df investigations
7 f u MeadowAtDusk
7 chapters would be fine, even if they're all extremely long and detailed. Anyone who's seriously interested in DF's commentary (and I'd imagine that number is very high) would read it. The complaint is that it's being released in installments, and the early installments are extraordinarily dull as the writer is at pains to point out that the story will only fit together at the end.

Releasing a story in installments can be great for dramatic effect (I've done it myself lol), but it seems inappropriate here. It's kind of like releasing a movie review in seven installments, the first 6 of which are simply summaries of the movie plot.
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10-05-2012 , 09:15 PM
The website that was launched 20 months ago already has an estimated worth of $55,984.
The more pageviews the further that goes up.
Also the first thing you see on the site is the donate button.

Now it's perfectly ok to make money, but not that they treat us like little kids for that purpose.
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10-05-2012 , 09:20 PM
Quote:
Originally Posted by MeadowAtDusk
That's a good point. I don't see any ads... but maybe they'll "become clearer later".
That is unlikely given df's previous statements on the topic. It's also possible that, like many, you vastly overestimate the profitability of internet advertising. The most likely explanation for the series being published in parts, as df has informed us, is it is being written in parts. Of course, if you find this unacceptable, you can easily correct it yourself by not going to the site for a couple of weeks.
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10-05-2012 , 09:23 PM
Quote:
Originally Posted by FlyingDutchman
The website that was launched 20 months ago already has an estimated worth of $55,984.
The more pageviews the further that goes up.
Also the first thing you see on the site is the donate button.

Now it's perfectly ok to make money, but not that they treat us like little kids for that purpose.
Who's going to pay 55k for the site? Just because some algorithm says it's worth 55k doesn't mean that it is. I'm sure subject poker is worth quite a bit as well. It hasn't been sold. As for the donation button, I think it says more about you then the site that it's the first thing that you see.
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10-05-2012 , 09:25 PM
Quote:
Originally Posted by ddlloo12
I agree. Would be nice to just have the whole thing come out or at least not days in between but anything supplied is nice.
Have you written anything professionally? If not, you might want to give it a try. Not to mention that if she misses a comma some douche bag will have something to say.
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10-05-2012 , 10:12 PM
Quote:
Originally Posted by NeedsToBeSaid
Who's going to pay 55k for the site? Just because some algorithm says it's worth 55k doesn't mean that it is.
Very true, but you get my point.

Quote:
Originally Posted by NeedsToBeSaid
As for the donation button, I think it says more about you then the site that it's the first thing that you see.
You mean that I am right handed and not an Arab?

You either watch the top left or the top right first.
In this case the top right has pics so that catches your attention first.
All these things have been researched a million times by marketing guys.
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10-05-2012 , 10:40 PM
Quote:
You mean that I am right handed and not an Arab?

You either watch the top left or the top right first.
In this case the top right has pics so that catches your attention first.
All these things have been researched a million times by marketing guys.
Have you considered that the theme used for the website was designed by evil geniuses like yourself?
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10-06-2012 , 12:04 AM
Maybe DF is saying, "More to be discussed on this later" as a bluff to HL. Basically make him think she knows what he knows although she may not know all that he knows, but he can't know exactly what she knows so maybe HL will break down and spill more beans on what he knows for fear that the public will know soon anyway.
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10-06-2012 , 09:00 AM
After reading the questions, I think HL may change his mind.

Quote:
Originally Posted by DF
■Was there an opportunity to avoid Black Friday from happening if FTP agreed to leave the US market?
HL: That was always up to the DOJ. I have no specific knowledge that the DOJ wouldn't have seized the accounts even if FTP left the US at the end of 2011, for example.

Quote:
Originally Posted by DF
■Was the government insisting that a $ 1 billion fine be paid regardless?
HL: I wasn't aware of any negotiations on a specific fine during the pre-BF time period.

Quote:
Originally Posted by DF
■Did Howard know that these talks would not go on indefinitely without some action being taken?
HL: Since I didn't know about these alleged talks, I wouldn't know about any time period they could take place over.


Quote:
Originally Posted by DF
■Why did he not share information about these talks with other owners?
HL: Since I didn't know about the alleged talks, I wouldn't have had anything to tell to the owners.

Quote:
Originally Posted by DF
■What steps was FTP taking that could have avoided Black Friday from happening?
HL: Our lawyers gave us their opinion that what we were doing was legal. They had reseached it and we believed them when they said we were in the right. We believed we were different than Party Poker. Clearly if we had left the US market in 2006, we could have avoided being seized.

Quote:
Originally Posted by DF
■Why did the company not stop accepting echecks from the US marketplace, or at least the states that had laws that could be referenced with charges?
HL: We had a good legal opinion that said such laws did not apply to us. To my knowledge, no state DOJ contacted us, nor were any criminal charges pursued at that state level.


Quote:
Originally Posted by DF
■If the company had agreed to leave the US market, did Howard think that there was enough liquid funds available to immediately pay off U.S. customers and keep the company functioning in the rest of the world? If yes, when and how did he check on those numbers? If not, what steps did he take to begin to procure enough capitalization to make repayment possible?
HL: As stated many times in my interviews, I only became aware that we didn't have money to pay back players on April 22, 2012. Prior to that, all the financial reporting that I saw said we had the cash on hand.

While I thought I made it clear, obviously many on 2+2 weren't able to understand what I said. Disbursements to owners had been frozen for years, even though the company had more than doubled in revenues. It was explained to everyone the reason was to make up the losses due to seizures. While $100 million is a lot of money to be seized, that's what the owners were getting when the company was smaller and making money. It was reasonable to assume if the company could afford a $100 million payout in 2008 that if it doubled in size later, the profits for an internet business would more than double, covering the seizure losses. The fact that it didn't meant a lot of the business wasn't under control, but that is Monday morning quarterbacking.
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10-06-2012 , 10:00 AM
The third article is excellent.
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10-08-2012 , 04:15 PM
Anyone else feeling a bit, well, ripped off yet? Supposed to be 7 parts " over the next week or so" as diamond stated in part one. A week goes by and we have 3 parts with no new info and nothing even remotely new or groundbreaking. We all complained about how poker news released the Lederer files but this is slower and even worse because if ( and I hope she will) she does deliver the goods, the impact will be deadened by all the delays and lengthy intro info we already knew. Just thinking out loud.
Then again maybe I am an impatient *******.
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10-08-2012 , 04:17 PM
Quote:
Originally Posted by DaReader
Anyone else feeling a bit, well, ripped off yet?
Ask for your money back
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10-08-2012 , 04:44 PM
I hear what you are saying ^^. Still feels manipulative.
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10-08-2012 , 04:53 PM
NewLiveFish: Of course, you mean April 22, 2011 (not 2012).
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10-08-2012 , 04:53 PM
I am thinking that it is not a case of holding out for dramatic effect, more of a case of posting them as she finishes them.
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10-08-2012 , 05:31 PM
For those of you who are wondering Jason newitt was terminated by full tilt for accidentally replying to Jimmy "gobbo" frickes email with howard lederers correspondence about why they didn't wanna sponsor or make gobbo a red pro.
I think this is important because it shows more of howards true character:
Here's the archives as originallly posted by Jimmy.

http://archives1.twoplustwo.com/show...umber=12854238
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10-08-2012 , 05:57 PM
No problems with folks being critical of DFs work , but some of the comments here are quite silly even for NVG! LOL
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10-08-2012 , 06:17 PM
Its old news going on with what HL knew or didn t know.
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10-08-2012 , 07:24 PM
Part three clear delineates why HL is a fraudulent criminal and a liar.
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10-08-2012 , 07:58 PM
Quote:
Originally Posted by DaReader
Anyone else feeling a bit, well, ripped off yet? Supposed to be 7 parts " over the next week or so" as diamond stated in part one. A week goes by and we have 3 parts with no new info and nothing even remotely new or groundbreaking. We all complained about how poker news released the Lederer files but this is slower and even worse because if ( and I hope she will) she does deliver the goods, the impact will be deadened by all the delays and lengthy intro info we already knew. Just thinking out loud.
Then again maybe I am an impatient *******.
I feel that you were a spoiled child.
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10-09-2012 , 06:32 AM
Quote:
Originally Posted by Rob999
I feel that you were a spoiled child.
I dunno, in my opinion she should just delay the whole thing and then release them all at once (or one per day for a week, or whatever), rather than give some sort of timeframe and then miss it.
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10-09-2012 , 11:15 AM
I guess that may be part of why myself and others are feeling underwhelmed ( to say the least). But to me, the big picture is more so that she made it seem like HL was going to "pay", or at the very least regret big time, not doing her interview. She definitely built up some drama here like she was prepared to turn the story upside down. And I think everyone would agree that simply isn't the case (so far).
Oh and I was definitely not spoiled as a kid. Just raised to deliver on my word and promises.
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