tell ya how i feel about it..

My neighbor needs some money, and asks me for a loan, offering his lawnmower as collateral. I already have two lawnmowers, so that doesn't interest me. However, being a good neighbor does, so I lend him the money.

He later says "I'm buying a new stereo, and prefer to not repay you. Keep the mower. "

umm... well.. He does have that right. There's nothing I can do about it. But i tell ya what.. That guy made a big mistake.
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Of course, I'm not a bank. Banks are big, icy buildings managed by cold blooded reptiles... and now you know why.

There is no other definition for invasion of privacy. It's a legal term. You could be at the coffee shop smooching on your little girlfriend while some sick 55 yr old pedophile creeper is constantly staring at you while licking snot from his lips. You may consider this an invasion of your privacy but it isn't because you are in a public place. Likewise, this information is all in the public space. There is nothing private about it.

Not in my mind. If the shoe was on the other foot would the bank pay back the debt? Of course not. Don't be ridiculous. Businesses act in their best interest. Politicians act in their best interest. Poker players act in their own best interest. If you don't act in your best interest in this world then expect to get squashed like a bug.

It seems like most can justify just about anything from an ethical standpoint. However, if this troubles you, I suggest considering moral nihilism to set your mind at ease.

Happens all the time. Why the heck you think these guys need money in the first place? They all think they are going to hit it big and fully intend to pay the money back when they hit it big but often don't plan for any other scenario. That being said, if they don't pay their reputation should be ruined to some level making it more difficult for them to receive future staking.

Moral nihilism does justify anything. My mind is not at all eased by the concept.

I lived on the peninsula all my life. His house was near the switchbacks, close to the most expensive in RPV

I love this

Is that why they got the money?
Do you not recall what happened to the markets when Lehman Bros. went under?
If you were King, would you have denied AIG and GS the money?
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And supposedly GS was running things..
Bernanke worked for GS when.. back in 2002? And, at that time he plotted to become chairman of the Fed, and told his fellow employees at GS "Hey guys I have a great plan. I will get myself appointed head of the Fed, and you guys will be free to ***in destroy this company.. Run it into the ground with crap investments.. because I'll make sure you get bailed out!
And don't worry about some Dem being elected president.. He will reappoint me! Guaranteed..!"

Imagine how much google search stalking OP did to find this out. Already been said, but I think you should have kept this to yourself, especially if you're such a Barry G fan.

There is only a few so called pros legit, most are shady.

If I were King I would have let the states shut down predatory lending at the start of the century before things got out of hand.

As far as I know Bernanke didn't work for Goldman. I was referring to Paulson who was CEO of Goldman from 99-06 and then head of the treasury.

Goldman didn't run the company into the ground. The had a big part in controlling where the market went and was always one step ahead of it. They have a lot of experience managing bubbles. http://www.rollingstone.com/politics...chine-20100405

he has somewhat recently played in the big mixed games that rotates around between Borgata/Parx. however according to an acquaintance who plays in these games professionally, every time he played with Barry he has not seen Barry win. he told me that these days Barry rates to be a dog in these games, but more importantly he's not likely to be busto although possibly on a long poker downswing

I agree with this. Mostly the invasion of privacy. While certain individuals in spots like this do make good / appropriate fodder for nvg (If this happened to lindgren) Barry is not one of them. For those who are clearly trainwrecks to begin with bad reps ok...it is what it is...But Barry does not deserve this imo.

The guy is 100 percent busto and penniless or else he is basically the biggest thief alive. Between 400K embezzlement loan he got from Full Tilt Player funds, to living for free for years in a house that he knew for a fact that he was never paying another cent on, all the way to taking out hundreds of thousands of dollars in home equity loans that will never be paid back, this guy has gotten away with murder.

He had the audacity back when there was still a question to some neanderthals as to whether Russ Hamilton was guilty to go on the record stating that "I am good at reading people, and Russ told me he had no clue".

The guy has lived off of the poker public for years, and if it isn't the general poker public he is living off of, it is the businessmen of the world who actually contribute something to society.

The bloom is off the rose, Barry. Suck it up. Get a real job and get a one-bedroom apartment and rebuild the honorable way, by contributing something to civilization. It must be a desperate desperate world to chase businessmen around hoping they lose their money to you so you can eat.

The guy is stone cold busted. Someone is staking him but who cares. We know of 400K in loans from Full Tilt, and now we know he has lived in an expensive house for years without paying 200K worth of his mortgage, while previous having taken out hundreds of thousands of dollars from the house to fund his degenerate lifestyle. If the guys has 50K that he can call his own, then he might be the biggest fraud in poker history, as he was willing to go forever without acknowledging the 400K from Full Tilt, he was willing to stiff the banks for at least half a million in home equity loans and neglected rent payments as a result of his piss poor real estate decisions.

What else do you want to tell us, Barry? Have you no shame? You stood up for Russ Hamilton because you were trying to protect cronies of yours who were involved in Ultimate Bet. You could care less about the poker public.

Robin Hood my ASS. More like Robin WhomeverHeCan.

Barry always sounded he like he wasn't doing that great, maybe just okay. I remember an interview where he kind of talked how his PS deal was nice but not exactly making him rich.

^ ^ that's way too harsh on Greenstein. Clearly he's having money issues now, but he did donate a heap of money to charity. He wouldn't be alone in having money issues in this current economic climate, especially in the poker world in the USA since online poker was effectively banned - having problems in that regard is not getting "away with murder" - that's an absurd claim.

The Hamilton thing he was probably wrong on but he was just expressing his opinion - its not as if he was a participant in anything Hamilton did.

As for "chasing businessmen" - you just described about 98% of professional poker players, and guess what, that's what Greenstein is.

Greenstein has been a pretty good representative for poker, but its unsurprising when it looks like he's down the hatchets come out to do a job on him. Maybe now the game has passed him by in terms of playing at the top level but I would be surprised if that didn't happen to everyone at that level at some stage or other.

Why so angry and bitter?
Barry has donated more money then you will make in your life time
Give the guy a ***** break

I wonder how long before Barry joins Dutch at the temp agency?

You're right. I got Paulson and Bernanke all mixed up. I haven't thought about this stuff for a while. I do recall a lot of arguments with the anti-Feds, gold bugs, and economic anarchists who would love to see the whole financial world crumble. This focusing of the blame on GS or any one element is utterly shortsighted. Everyone sipped the Kool-Aid, some more than others.

I'm not one of the people that thinks we can get rid of the way our monetary system works without causing a lot of headaches but I think it's a fragile system. It needs strict regulation so that financial institutions don't go crazy like they did.

Barry has claimed that he paid back the loan to FT.

is this crap in every thread on 2+2 today or what? All businessmen contribute to society? none of em rip people off or do shady ****? none are criminals? lol gimme a break. funny when ppl are mad becuz theyre not good enough at teh pokaz and have to work a 9-5 instead

Everyone, and that includes all the lenders, thought real estate values would keep going up... and up.
From that perspective it all makes sense.

Investors of all types, from individuals to institutions, demanded more mortgages. So, banks supplied them by allowing almost anybody to buy some property. They then sold those mortgages to the investors.

In hindsight it becomes clear that steady and extremely rapid property appreciation was just an expanding bubble, but while it was happening it was real.. real money. Everyone was making money.

Speaking of strict regulations...
Should the government step in somewhere and say "NO! We won't allow your home to be worth more than it was yesterday. This is, in our view, just a bubble." ..?

Hilarious

I hit wikipedia to see if there was info about that, and it linked to..

Barrygreenstein.com
Network Solutions
barrygreenstein.com expired on 12/05/2012 and is pending renewal or deletion.

The wiki page did answer one question I had about his charitable contributions and why they tapered off..

After winning $770,000 at Larry Flynt’s $1 million Seven-Card Stud event in 2003,[10] he donated $440,000 to Children, Incorporated – a gift of $1,000 to each of the charity's 440 employees.[11] In 2006, Greenstein announced that he would be donating net earnings from tournaments to charity. "Until now, I was donating the pay-off each time I cashed but I can't afford to continue doing that. I didn't anticipate the growth and expense of tournament poker,” he said.

E Dog= Cash Broke
Barry= Real Estate Broke