Ok, lots of posts, too many to try to respond to right now, but first off, let me start by saying I agree with many of these points concerning the end game at AB/UB vs Pokerstars; in the book I think it's clear (though many of you seem to disagree) that Black Friday left the players devastated because the business, due to prohibition-like persecution, was being run using overseas, shady payment processing, with no regulations protecting player money; the nature of the payment system was inherently flawed because of these complex steps the companies had to take to get money in and out of the US via these phony 'companies' (i.e. the ones selling nonexistant golf balls, flower delivery, etc,). I think there's a pretty good explanation on this link:
http://www.billrini.com/2011/05/12/p...imple-version/
that seems, to me, to explain some aspects of what was going on in all of these companies, and why PokerStars was able to pay back accounts while other companies couldn't. This isn't the kind of writing I do, and it wouldn't fit in the kind of book I write; but I'm sure many of you can go even farther to explain that aspect of how things went bad. The broad strokes, in my opinion, are how i described it- and I maintain that the blame should be aimed at the DOJ and UIGEA for setting this all in motion and creating this prohibition atmosphere. But I don't have a horse in this race, you can blame whoever you'd like. Scott and Hilt maintain that for the final several years of the business they had zero control of the company, they were not shareholders, directors, executives, consultants, etc. Pete, Garin and Brent were still involved but only as employees. I assume this won't convince people or keep the blame from flowing their way, but it does seem to me that the notion that people lost money because these guys were "cheats" is based more on emotion than on fact. The cheating and Black Friday are two separate events, involving different casts.
Most of the other comments seem to either be attacks on my style of nonfiction- which i understand, it's not for everyone- or a furious calling out of the AP 'founders'; specifically, Scott, and then after that, I think the brush seems to have a pretty wide stroke); related to the AP cheating scandal. I'm not here to defend them, again, I don't have a horse in that race, and personally i don't think the book paints anyone as a saint, this is simply the characters built via interviews, as they are, in their own words. I agree with everyone that the cheating was indeed a scandal, that the bones of that story are in the book, and that the more complex intricacies of that story are still to be told. I believe that part of the book is handled appropriately, but others can certainly go deeper and dig for more facts. In any event, I am not an investigative journalist, and I have always been perfectly clear about what I write, and how I write it. Narrative nonfiction- true stories written in a thrilleresque style; some of you will enjoy it, some will not.
Again, best, hopefully more to come:
Ben Mezrich