It's QJ so take that for what you will, but I'd say not totally unexpected:

http://quadjacks.com/2012/10/16/poke...s-its-problem/

“For those accounts where player funds are commingled with funds derived from affiliate earnings, The Rational Group will only be making the portion of the funds relating to your previous player activity available for withdrawal.”

EDIT: should probably say "FTP Affiliates" in title instead of just Affiliates

So assuming the players get paid in full then Bitar, Lederer, Ferguson et al stole mainly from the affiliates. This will be a fact. So Howard you are not out of the woods and you will still owe money to a bunch of people who marketed your site for you.

Doesn't this go against the deal with the DOJ?

I mean, isn't money owed to affiliates essentially player funds?

Seems like PS first mistake in this whole ordeal.

No.

does that mean if i have a large rakeback / blaqck card bonuses on my account, i won't be getting them??

This was always going to happen regardless of who bought FTP's assets.

sucks for the affiliates

The only people who care are affiliates.

Seems like the people who have balances with affiliates will probably end up caring.

What does this even mean?

This was in the prelaunch thread ~ 3 or 4 days ago. So its def true.

This is Howard's opportunity to step up to the plate. Wouldn't cost him much compared to what he's got.

What part of it don't you understand?

Seems strange that you can buy a company and the liabilities are not included.

thats def good news. i dont mind the small ones but the big ones are just bad for poker.