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Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay

01-15-2013 , 11:13 PM
Quote:
Originally Posted by Bex
Asked if he has any plans to pay Voulgaris back, Lindgren hesitated before answering.

“I would like to make good on all of my debts,” said Lindgren, who admitted some hostility toward Voulgaris. “It’s probably safe to assume that he would be the last person I would deal with in the paying back of people. Bob has never been my favorite person and vice versa regardless of any money dealings we’ve had, but that being said, I do apologize and I am in the wrong.”


A little more than halfway through the interview Lederer brought up Lindgren and a loan he had taken from fellow Full Tilt Poker board member Chris Ferguson for $2 million shortly before Black Friday. Ferguson mistakenly sent the $2 million twice — once via player-to-player transfer on Full Tilt Poker and a second time via bank wire.

Lindgren kept the extra $2 million.



The text in bold is pretty lol
Roll me 1 out of Jesus'bag PLEASE. How the xxxx do u send 2 million 2x?
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-15-2013 , 11:18 PM
Quote:
Originally Posted by MrAdvantage
Roll me 1 out of Jesus'bag PLEASE. How the xxxx do u send 2 million 2x?

They didn't care because it was our money (the players) and they treated it like it was Monopoly money.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 12:15 AM
Quote:
Originally Posted by dreddy
The answer is EGO, Human Nature, and Greed, and the mindset that you never have enough. You see the same thing with business leaders and idiot investors, as they are always talking about GROWTH, GROWTH, GROWTH. They should instead focus on providing a product or service to society that they themselves would buy for that price. When that happens, societies advance, and the growth takes care of itself.
I'm sure I'm being leveled, but I'll still respond because I'm bored.

So let me get this straight - when I'm considering various companies to invest in, I should not worry at all about growth potential. Instead, I should look for companies that "focus on providing a product or service to society that they themselves would buy for that price."

IMO, you're saying things that may sound somewhat intellectual at first blush, but when you read them again, you realize they are completely devoid of substance.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 12:39 AM
Quote:
Originally Posted by Rambler1
I'm sure I'm being leveled, but I'll still respond because I'm bored.

So let me get this straight - when I'm considering various companies to invest in, I should not worry at all about growth potential. Instead, I should look for companies that "focus on providing a product or service to society that they themselves would buy for that price."

IMO, you're saying things that may sound somewhat intellectual at first blush, but when you read them again, you realize they are completely devoid of substance.
Well, the companies that have made money consistently for 100 year periods are companies like Coca Cola, Kraft, Proctor and Gamble, and even Exxon. These companies all produce products that those involved with the company would buy at the same retail price they are trying to sell to the consumer at.

The two most successful technology companies of the last 30 years, Microsoft and Apple, both sell products that are bought by the families of those at Microsoft and Apple.

Take a look at the most successful businesses in your hometown. Which ones withstand the test of time? The ones that survive are businesses that offer value to the community. They are selling to the community a product or service that they use themselves, and they would have no problem suggesting to those they care about to buy the product.

Compare that to most of the thinking done by a majority of people like you. The first thing you are thinking about is what YOU can get out of it. People like you are usually willing to offer the public a product or service that you would NEVER buy yourself at that price.

And that is why you are who you are, and there is very little chance that you will have a positive impact on society. You need professional help. Better yet, it is probably best if you took 6 months off and went to the library or studied on your computer. If you cannot figure out that the great companies ALWAYS offer a product or service to the public that owners of the companies would feel comfortable having their family members buy, then you will be sitting in the corner with a dunce cap on for the rest of your life.

Another great company is Costco. There are a number of great companies. Great companies get the profits. Keep investing in crap and watching CNBC. You will be a laughingstock until you can start thinking about things in an honest way.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 12:55 AM
What about the cigarette/tobacco companies? They make great profits too...
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 01:09 AM
theres nothing good to be said.. that much is clear
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 01:17 AM
Quote:
Originally Posted by dreddy
I am blown away that someone could be blown away. Generally speaking, those who aren't capable of understanding how people can blow through huge amounts of money aren't capable of making huge amounts. Every time there is a thread about Archie Karas you will see many people ask why he didn't stash a few million away when the blasted through 40 million that he had run up from essentially zero.

And take a look at the United States. It is the most prosperous country, during the most prosperous time in human history, and yet the debt is out of control, and the insane idea of lending people 500K to buy houses with zero dollars down swept through the whole system, and almost brought the world to its knees.

Now, why would the most prosperous country in human history, during the most prosperous time in human history, put itself, and the rest of the world at risk by engaging in risky behavior like I mentioned above?

The answer is EGO, Human Nature, and Greed, and the mindset that you never have enough. You see the same thing with business leaders and idiot investors, as they are always talking about GROWTH, GROWTH, GROWTH. They should instead focus on providing a product or service to society that they themselves would buy for that price. When that happens, societies advance, and the growth takes care of itself.
It was a prosperous time because it was built on debt, your getting confused by an illusion.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 01:20 AM
Quote:
Originally Posted by Lik
What about the cigarette/tobacco companies? They make great profits too...
Sooner or later the game runs out on that, too. That is a good example of a product that has ZERO benefit for civilization. There is risk those companies legally. And you cannot assume that civilization will put up with it forever.

I am sure there were some money making companies in the slave trade, too. They are all gone now. The world's reserve currency one hundred years ago was the Pound Sterling. Not anymore.

The great companies that offer products and services that benefit society absolutely blow away the unethical companies like tobacco companies. Look at the history of the profits. The great businesses are the ones that have offered an ethical product or service that benefits society.

There aren't many companies that are looking to destroy the consumer who withstand the test of time. I mean, even Donald Trump could not make money with casinos, and that doesn't seem possible. But it seems obvious in hindsight, as he is looking to take from the world and not give. A few of the casino companies that do really well, like Wynn and LVS Sands, actually have CEO's who think about the consumer in more ways than trying to totally bury them by taking their last gambling dollar. And even they were under tremendous pressure a few years ago, and both have tons of debt, so the business isn't really that great.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 01:50 AM
Quote:
Originally Posted by dreddy
Compare that to most of the thinking done by a majority of people like you. The first thing you are thinking about is what YOU can get out of it. People like you are usually willing to offer the public a product or service that you would NEVER buy yourself at that price.

And that is why you are who you are, and there is very little chance that you will have a positive impact on society. You need professional help. Better yet, it is probably best if you took 6 months off and went to the library or studied on your computer. If you cannot figure out that the great companies ALWAYS offer a product or service to the public that owners of the companies would feel comfortable having their family members buy, then you will be sitting in the corner with a dunce cap on for the rest of your life.

Another great company is Costco. There are a number of great companies. Great companies get the profits. Keep investing in crap and watching CNBC. You will be a laughingstock until you can start thinking about things in an honest way.
Trolling confirmed. I now regret responding.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 02:19 AM
Quote:
Originally Posted by Rambler1
Trolling confirmed. I now regret responding.

Well, you do need help if you respond to those who have mountains more knowledge than you by calling them trolls. If you are that sensitive that you cannot handle receiving knowledge and admitting your weaknesses in investing theory, then maybe you should call a Doctor.

I have always enjoyed learning and I respond positively when someone offers up knowledge. You are on such weak ground in your own mind that you resort to calling someone a troll instead of picking up some valuable ways to think about companies and investing.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 02:49 AM
dreddy how many close friends do you have
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 03:09 AM
Oh, I'm sorry, I don't talk about personal relationships with anonymous people on the Internet. I use the Internet to gain knowledge, disseminate knowledge, and to also have fun and let off steam.

I know that most people on these forums like to have relationships with people they will never meet, but I don't play that game.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 06:21 AM
dreddy, I really enjoyed your post and I don't get the hatred.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 11:38 AM
Quote:
Originally Posted by dreddy
Oh, I'm sorry, I don't talk about personal relationships with anonymous people on the Internet. I use the Internet to gain knowledge, disseminate knowledge, and to also have fun and let off steam.

I know that most people on these forums like to have relationships with people they will never meet, but I don't play that game.
Probably very few imo
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-16-2013 , 12:36 PM
I used to like him. he is a nice guy and everything. But I guess everyone has a dark side.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-21-2013 , 07:36 AM
Quote:
Originally Posted by dreddy
Well, the companies that have made money consistently for 100 year periods are companies like Coca Cola, Kraft, Proctor and Gamble, and even Exxon. These companies all produce products that those involved with the company would buy at the same retail price they are trying to sell to the consumer at.

The two most successful technology companies of the last 30 years, Microsoft and Apple, both sell products that are bought by the families of those at Microsoft and Apple.
Isn't this also true for the vast, vast majority of companies that have ever failed?

Last edited by Blizzuff; 01-21-2013 at 07:39 AM. Reason: "E-dog LIED!11!1!!?!?!?!? But... he looks so ARYAN on the TV!!!" - pineapple888
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-21-2013 , 02:36 PM
Quote:
Originally Posted by Christ, De 'Berg!
Probably very few imo
I agree. If you can't discuss something with a guy on an intellectual level, better try to pick him apart with one liners directly stolen from the Ricky Lake show. That ought to teach him.

I have more great ones for you right here, it's right up your alley.
Get a life. Talk to the hand cuz the head ain't listening. Yo mama. It was yo mama. Nu'uh.
or my personal favourite:
Do you need help getting dressed in the morning? (I came up with that one all by myself)
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
01-21-2013 , 02:45 PM
Quote:
Originally Posted by dreddy
Oh, I'm sorry, I don't talk about personal relationships with anonymous people on the Internet. I use the Internet to gain knowledge, disseminate knowledge, and to also have fun and let off steam.

I know that most people on these forums like to have relationships with people they will never meet, but I don't play that game.
He means Fap right?
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
06-20-2013 , 08:40 PM
Bump, E-douche is the chipleader in a 5000 dollar no limit holdem tourney in wsop. Reports about what happens when he hits the cashier cage and so on would be appreciated.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
06-21-2013 , 12:04 AM
He's got a baby to take care of and bills, man.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
06-21-2013 , 02:35 AM
Quote:
Originally Posted by Warrior121
I've just listened to Daniel Negreanu talking about the situation with Erik Lindgren on pokerstrategy. (http://www.pokerstrategy.com/news/wo...eaks-Up_57559/)

I think Negreanu defending Erick Lindgren in this case has ruined his reputation slightly. His argument for defending him is so flawed. He talks about borrowing money in the poker community being common practice and that sometimes you just don't have the money to pay straight away.

No-one has a problem with players being staked by other players. The issue is when Lindgren makes bets against other players with money he doesn't have, against people he doesn't know. And then he doesn't pay. And then he avoids multiple e-mails and makes up excuses to fob guys off. This, as far as I'm concerned, is in the same bracket as Full Tilt. He's scamming. He's betting with money he doesn't have. He's happy to take your money when he wins but not to pay when he loses. This, Negreanu, is one of the lowest things you can do in poker or any form of gambling.

I'm not sure Negreanu understands what Lindgren is being accused of. If you lend people money and they don't pay you back, that's between you and that player. If the poker community needs to know about this person as he might be doing the same to others, then you should say something to the poker community to protect it.

If you gamble with money that you pretend to have but don't have against the poker community, then that's an issue for the whole poker community to be made aware of. When Negreanu talks about the money he's lent to players in the past and that is now owed to him, it's a completely different situation to the one the poker community is complaining about. That's between you and guy you lent the money to. You're not some saint for protecting these people. The only reason you're not outing these players who you've lent money to is because you feel you've got more chance of getting your money back by keeping quiet. If you feel the community needs to know about these players as they might be scamming other players, then you do have a responsibility to let the poker community know what is going on. I'm somewhat surprised, however, that we didn't hear anything from you about Erik Lindgren on one of your weekly rants, given your close friendship with him and the fact you feel such a need to 'protect the poker community' from the likes of Bitar, Lederer and Ferguson.

Bottom line - it's not OK to gamble with money you don't actually have but money you pretend you have. This is what Erik Lindgren has done and is being accused of. When has this situation ever been OK?
+1 negreanu who cares what you think go F yourself!!!
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
06-21-2013 , 02:54 AM
spectacular...1 for the good guys!
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
06-21-2013 , 02:55 AM
Lindgren is now HU with a 4:1 chip lead for the bracelet...
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
06-21-2013 , 03:01 AM
Lindgren is basically the ultimate scumbag, and proves Karma does not exist. I mean not only declaring bankruptcy, but doing it to get rid of gambling debts. This guy is a real piece of trash.
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote
06-21-2013 , 03:08 AM
what happened when he won that event a few weeks ago? did the HSNL guys get paid bacK?
Erick Lindgren Owes Over 0,000 for Fantasy League, Won't Pay Quote

      
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