Gankstar - I don't mind that you present your superstitions about free markets as though they're facts, but you don't do your position any service by being so freaking obnoxious about it. Sure it's easy to attack me by just making things up that I never even said (and don't even agree with). To wit, I never said anything like any of the following:

So go on attacking your little straw men and ignoring the substance of anyone's posts that disagree with you. I won't bother talking to you any more because it's clearly a waste of time.

WTF difference does if make whether the players withdraw or not? The money has to be PUT ASIDE. This is Stars, not Dirtbag Bitar and Company.

Sorry bro, but in the land of the blind, the one eyed man is king. And you are blind, DF has one eye but she doesn't see it all.

yeah just like the banks who need to have 100% of the money of their customers in case they all decide to withraw 100% of their funds...

And you "can see?" Nobody has posted any evidence or even strong arguments to suggest that DF has been consistently wrong/misleading us.

Feel free to attack this. Most ppl can see you for what you are (shill). why would anyone try to undermine a solution that guarantees BR's come back to a$$-raped players? I'll tell U why - because they're dirty little MERGE shills who want the hole thing to fall through.

Poker stars is not a bank. They are required by their regulator to have all players' funds in a separate account. So yes they do have to have all 100% of players' funds ready to withdraw at the drop of a hat.

Oh, please. Banks are insured by the government. Banks have special rules to follow and are allowed to do things that other companies can't do.

It is not a good idea for the poker site not to make 100% of player funds available at ALL TIMES.

DUCY?

Stars have 100% of player funds in audited segregated accounts.

She has been pi$$ing in the dark just like everyone else who thought they had teh scoop. Fact is she's been gobbling up crumbs that have been fed to her just like everyone else.

How do you think a journo gets their news, uh? Do they use a secret command on netscape navigator and it reveals teh TRUTH? Or is it "leaked" to them.

Ax yourslef this - what has DF published recently that hasn't been officially or 'ninja' released? Shall I tell you? - nothing.

its still a crappy law...

NEM: So just because the DOJ changed its deal requirements at the last second killing the GBT deal means that all the reporting that DF did on the deal up until then was false? Your argument makes zero sense.

Mod suggestion:

Can we add DF's blogs to the OP? They seem very relevant and IMO part of the big news.

I, too, thought the GBT deal would eventually be consummated, irrespective of the fact the deal seemed likely to be pretty terrible for players. Remember, the only reason it was the "only real offer on the table" during the exclusive negotiating period, is that it was in fact an exclusive negotiating period, and no one else could, by law, make an offer.

Yes, I recognize that prior to GBT's signing of the intent letter, there were no other offers...I'm really only talking about the last several months.

I admit I completely underestimated GBT's ability to crap the bed, when they had six months to close the deal. The only reason there was any late offer by PS, is that GBT approached this in such a horrifically incompetent manner, and totally misread the DOJ's intention to actually do their job.

You dont make sense and you have no clue what was going on. Yep ps just swooped in at the drop of a hat when the "DOJ changed its deal".....shakes head.

So you don't believe anything than any journalist writes by this argument? Well I guess we'll just have to disagree on that point.

Yeah - well crappy. Curse Stars for having 100% players deposit's available after 2 week's of BF. LOL

[ ] DOJ will allow any company that does not have 100% of player deposits on hand in case they all decide to withdraw 100% of their funds, to purchase the assets of FTP.

its just a bad law. they should have x percent ready to withdraw, but having 100s of millions in cash just lying around seems stupid

What's the best educated guess on whether players like Ivey ($8 million) and Greenstein ($400K) etc have to pay back their debts?

PS "swooped in" after the March 16th deadline passed and FTP was allowed to negotiate with non-GBT entities. You have yet to provide any evidence of DF misleading people.

pleeease tell me you have been impressed with the journalism so far!!! Not one site, Washington post (all teh presidents men) included has done anything more than quote the speculation-mongers on 2+2.

please tell me you have some faith in the press.

From the article
I am trying to figure out who has this amount of money in the poker industry, ideas?

IT IS NOT THEIR MONEY - OMG, IT IS NOT THEIRS, it is the player's money.

OK what did happen? Explanation rather than smartmouth please! You may not mean to, but you are simply sounding like a Troll. You may have a point, please , make it or move on