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Old 01-26-2012, 01:23 AM   #121
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

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Originally Posted by no eff eks View Post
I highly doubt that Ferguson saw it that way when he received the money, nor when he agreed to allow its use for FTP expenses post BF.

That doesn't make you wrong, in fact you're right, but before people go calling Ferguson a scumbag they should look at it from his perspective. In his mind this was income he'd earned just as much as any other owner that was being paid similar amounts, and his agreeing to allow its use for FTP expenses was an act of generosity/necessity. While he's ignoring the fact that he was paid with Monopoly $$, his intentions here don't seem all that immoral or scummy.

He and his company will pay for their mistakes, and I don't really blame him for trying to get back the $14M that he essentially loaned FTP. I don't think he should get it, and I doubt he will. I also don't think he's a scumbag, just another deeply flawed human.
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Old 01-26-2012, 01:28 AM   #122
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

I dont mean to get off-topic here but has there been any discussion about taking down Ferguson's picture from the wall of WSOP world series winners? I'm not trying to take away from the fact that he won, but what a bad example of a person to have hanging on a wall.
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Old 01-26-2012, 01:30 AM   #123
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

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Originally Posted by runLOLArun View Post
I dont mean to get off-topic here but has there been any discussion about taking down Ferguson's picture from the wall of WSOP world series winners? I'm not trying to take away from the fact that he won, but what a bad example of a person to have hanging on a wall.
How is his involvement with FTP relevant to his success at the WSOP?
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Old 01-26-2012, 01:34 AM   #124
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

Repacing the name plate with scumbag would work for me. Of course, you'd have to change a bunch of others too.
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Old 01-26-2012, 01:35 AM   #125
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

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Originally Posted by runLOLArun View Post
I dont mean to get off-topic here but has there been any discussion about taking down Ferguson's picture from the wall of WSOP world series winners? I'm not trying to take away from the fact that he won, but what a bad example of a person to have hanging on a wall.
C'mon man, don't you think being banned from the Epic Poker League is punishment enough?
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Old 01-26-2012, 01:42 AM   #126
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

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Tamiller, i think it was, alluded to these shenanigans a few days ago. How did he know what was going on?
Everybody knew the story to some degree, I just hoped that throwing out the version I had would inspire others to fill in the blanks / correct my errors. S:P/ DF did all that and more.
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Old 01-26-2012, 01:47 AM   #127
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

I don't believe the deal will still be done,too many obstacles in the way now.
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Old 01-26-2012, 01:52 AM   #128
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

Ferguson's attorney's name:

IM RICH

^^best part of the article
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Old 01-26-2012, 01:53 AM   #129
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

haha didnt expect otherwise from this nit
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Old 01-26-2012, 02:02 AM   #130
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

The more I think about it... I can't understand why this is news all of a sudden?

There hasn't been any new public information. The only linked reference is the old ammended civil complaint from last year.

Maybe there's truth to Ferguson holding up the deal because he wants to get his "loan" back but this news coming out now seems more like a way to intimidate/strongarm/turn people against Ferguson to minimize his influence as the largest shareholder.

I think S:P is being played by the same rats that ran FTP into the ground trying to deflect blame onto Ferguson.

According to public documents. Ferguson was buying up shares from other shareholders. He kept his distributions in company owned accounts. When FTP needed money he loaned them 15Mil.

That doesn't sound like the actions of someone that knew that the company was in bad shape.

According to the amended complaint...

Quote:
The FTP Insider
Defendants were also, at all relevant times, members of the Board
of Directors of Tiltware LLC, and Ferguson was Chairman of the
Board of Directors
. At all times relevant to the Amended
Complaint Bitar and Lederer were the two managing members of
Tiltware LLC and Bitar was the CEO of Full Tilt Poker. At
certain times relevant to the Amended Complaint, Lederer was the
President of Full Tilt Poker
.
I always had the sense that Ferguson was more involved with technical side of FTP and Lederer and Bitar were more involved with the business side of things. Ferguson being the COTB for Tiltware seems to support this belief as Tiltware was technically the software provider for FTP. I know there's a lot of overlap and separation for legal reasons but I think it makes sense.

I don't think Ferguson is innocent but I think it's fair to assume that not everyone at FTP was aware of what was going on with the phantom deposits and I wouldn't be surprised if Ferguson was one of those people. It just doesn't add up.

It seems that Ferguson had a lot of faith in FTP and he invested a lot into it. Not just money and he's pissed he put money back into a company when the rest of his team were likely more responsible for the screwups and didn't fork over any money to keep FTP going.
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Old 01-26-2012, 02:05 AM   #131
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

Its the quiet ones you need to watch out for.
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Old 01-26-2012, 02:09 AM   #132
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

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Originally Posted by runLOLArun View Post
I dont mean to get off-topic here but has there been any discussion about taking down Ferguson's picture from the wall of WSOP world series winners? I'm not trying to take away from the fact that he won, but what a bad example of a person to have hanging on a wall.
i think it'll be a funny bit of history when we look back on this in a few decades. that said i think it'll be a funnier bit of history if someone defaces it.
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Old 01-26-2012, 02:14 AM   #133
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

**** YOU FERGUSON YOU PIECE OF ****
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Old 01-26-2012, 02:16 AM   #134
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

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Originally Posted by ScreaminAsian View Post
i think it'll be a funny bit of history when we look back on this in a few decades. that said i think it'll be a funnier bit of history if someone defaces it.
Not so funny to me, as this further tarnishes the reputation of poker players overall. I dunno, makes me think of how Nixon was as a president, lol.
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Old 01-26-2012, 02:17 AM   #135
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Re: Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

Very well done S:P, ur doing a great job. Keep it up!

Last edited by mckrogh; 01-26-2012 at 02:18 AM. Reason: oh and fu jesus!
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