Quote:
Originally Posted by DavidNB
No it is not right . Players that owe money to FTP does not affect you. Its between FTP and the players. Its not like they are defaulting on a loan.
Not all the shareholders are to blame for what happened. Dividend payments made to shareholders who did not have a say or did not know what was going on are not to blame. No, they should not be exepcted to pay the money back. There are legal means to recoup these dividend payments. You can go after the assets of those that made the decsion.
You have the right idea, but you are going after the wrong people
give me some credit. I get that not everyone is to blame. And people who fail to pay back their dividends or loans could get off of my boycott list depending on their actions and statements. But without saying a word I'm going to assume that someone that accepted millions of dollars of ill gotten gains with no remorse and no desire to make players right is a thief and scum. Just because I don't have a legal recourse (and we actually might via clawbacks) doesn't mean I can't accuse these guys of being ethically bankrupt.
A shareholder is an owner, even if they were unaware they were part of the corrupt structure that defraud thousands of players of millions of dollars. If they now realize the error of their ways and they are willing to do what they can to make amends I would obviously forgive them. For example guys like Dwan, potentially Juanda, and maybe Greenstein have all taken steps suggesting that they want to make right on their debt and repay players. Those guys if they follow through on their promises would not be one of the people I'm attempting to paint with the scarlet letter.
This isn't a movement that I believe will necessarily get any stolen money back in the hand of FTP players (although that would obviously be a great result). I do however expect to black list all of these thieves from this community and the larger gambling world. I want their indiscretions to be the first entry on their wikipedia page and the first thing that comes to mind when they are discussed. I don't ever want to see them on TV playing poker, repping some online site, or pushing DVDs or books. I want their names and nicknames to have the same connotation in our world that Madoff and Ponzi have in the financial world.
If you don't agree with that by all means don't join in here. But if you are even participating in this discussion with me I'm accomplishing my goals. The more people discuss this the more attention it gets the more likely we succeed in besmirching these people's reputation and weeding them out from the world of poker and gambling.