Wow what a tardfest this thread is currently..

Can someone tell me what happened to Iffrah? Can't find his answers thread..

btw, I have a girlfriend and she doesn't care that I have no income anymore, are they with you just for money?

Trying to find out, too. Dude is a joke but I still want to know what happened to him and his thread.

The Ifrah thread is gone? WTF?

@mods: should we really discuss "Ivey whereabouts" ITT where it would just create chaos or is it a banned subject for some reason? Imo it deserves attention. It does not make poker look good if the GOAT and fan favorite poker player seemingly disappears while a whole lot of money belonging to the fans has gone missing and nobody gives a damn. It makes the poker world look even more shady as when you look at the whole FTP situation alone.

NoahSD implied if I understood him correctly that FTP shareholders not agreeing to terms they should be ****ing happy with is one of the things standing in the way of an investor deal. Makes me feel like they are a little bit too comfortable with the whole situation than they should be.

My bad. I unstickied it because it seems that Ifrah's not going to be posting on 2p2 anymore (though he's still responding to e-mails and phone calls) and people didn't seem to be reading it much. I didn't realize that unstickying a locked thread makes it fall off the universe, so my bad there.

It still exists and is linked to in the OP. Plus, all of his questions and answers are already in this thread. I figure that's sufficient?

i think we all need to take a step back from the situation. Emotional decisions are always rash. We need to be doing whatever we can to help get our money back.

By posting all this negative ****, investors might be reading its just hurting our chances.
i understand it might be valid but i think we need to redirect our efforts

Your right but seriously these guys stole money, and everyone should just ***** forget about it like it never happened? I can do that WHEN I see ferguson/lederer and bitar complete broke no money no nothing then I can move on but as long as they have money that is ours the players I do care.

I don't remember implying that...

You can edit it out if you want in that case, I asked for what you meant with the post but you didn't reply. I'll look for the post I meant and quote it itt.

If discussion of Ivey's whereabout seems relevant and doesn't derail the thread, go ahead. I agree that a reasonable amount of speculation on him specifically is pertinent.

I locked the other thread because it was essentially should have been in the containment thread but was too big to merge and the answer given was "no one knows" and a lot of random gibberish.

I would imagine if Mr. Ifrah's thread has disappeared it's because another mod (most likely Noah) took it down due to either a direct request or some other factor.

Ninja edit: Yep, it got unstickied. I think as long as it's linked in this thread for people who want to find it that should be good, IMO.

Did he say that? If it was posted I may have missed it...

this is the post.

It's not posted, but I don't think he's going to be posting on 2p2 anymore. He's still responding to everyone's e-mails, and he's one of the few people in the history of 2p2 to actually check off the box that let's users send you e-mails through 2p2's software, so you can actually click on his SN and send him an e-mail that way.

I was saying the exact opposite of what you said I was implying. As far as I know, (and I really don't know) FTP's owners are offering to give away the company in exchange for enough money to anyone who can settle with the DOJ and repay players.

I can't really imagine Jeff continuing to reply publicly here after that "big news" press release today.

He'd get abused too badly.

I see now. When I first read it it felt like you thought his post was accurate but you're only refering to the words between the quotes.

Those of you who will be e-mailing jeff, you can write anything new here.

Most optimistic price for that would be somewhere in the $600-$700M range, you think? Based on our guesstimates for all player deposits and theoretical fine with the DOJ using the Moneybookers case as a baseline?

We may not all like it, but Jeff I needs to get back to looking out for the intrests of those that hired him! It would be in his clients intrest if FTP would pay off somehow, but I doubt he can make that happen. He needs to deal with what's coming ( if there is no payout) from the CA suits. That's what the "usual suspects" hired him for , not to save FTP or help the players get their money recovered.

Well, the AGCC wants $300M in a bank account before they turn the lights back on. (I forget if that's public or not. Too many numbers....) DOJ settlements usually tend not to be paid so soon, so it's reasonable to think that maybe the DOJ would not require a settlement upfront and that perhaps a DOJ settlement could come from the profits of a well-run FTP. There's also always the naive hope that some of the owners at FTP recognize their responsibility to players and have enough integrity to actually put up some of their own money.

So, I would say that a sort of super crazy optimistic though not entirely unreasonable estimate is $200M. A reasonable though maybe slightly optimistic estimate is $300M. And, a pessimistic estimate is probably like $500M.

It is now!

True, I didn't take into account that the DOJ would be unlikely to ask for their amount up front.

I think the $400-500M is probably a reasonable assumption at this time based on player liabilities.

There obviously is a differce though between what you need to buy FTP and what you need to run FTP, but for the investor it's the same number.

If FTP goes bankrupt, what % that the DOJ goes after lederer/ferguson/ivey or others?