Quote:
Originally Posted by Mabstan
Everyone's got a few sides to this story, by reading andys interview and listening to Howard's interviews I think there's got to be some truth in what Howard is saying
I absolutely agree, there is definitely some truth and info to gather from this interview, but HL has been pretty good in this PR exercise and we can see on this thread that he managed to fool many posters.
More specifically:
-Pretending that according to the operating agreement he had no more responsibility than the other owner.
-Pretending that the absence of audit/control was just a natural course of action.
-Pretending that what took place was a deal where, thanks to his and rays work, the company was sold to pokerstars which should let him and the board of the hook for the dividends they received and every **** they did.
-Pretending that he did not know anything and did his best to get the player paid back (while never showing any intent to give back any of the dividend, that's hilarious).
Truth is, this story is pretty complex and many posters are not familiar at all with the way business are run (which is pretty much the opposite of the average 2p2er opinion), that's why it is important to clarify a lot of misconception.
What he admitted and is not debated is that from april the 15th to june the 29th, this guy (and other) made the decision to misrepresent to us the security of our funds to convince us to keep depositing money that they could not pay back. This is the part of ftp existence that the DOJ refered to as a ponzi scheme.
This guy properly and consciously ****ed us, those who saved us were the DOJ (yeah 2p2, those who you have been blaming all along), we cant let him get away pretending that he was the good guy, just victim of some other's mistakes.
Last edited by yolo; 10-03-2012 at 04:13 AM.