questions/open thread for ftp - Page 36 - Poker News

Tom,

With the ensuing lawsuits that are being placed against FTP as well as lawsuits being filed by The Canadian Consumer Protection Organization, do you think these lawsuits will spur lawsuits around the world that can potentially overwhelm FTP to the point of not being able to settle their legal trouble and potentially lose their deal with french investor Groupe Bernard Tapie?

Kind of curious about this question since the french investor has specified that they will let the deal fall through if they dont settle their civil lawsuit with the doj.

BTW thanks for ur time. I know a lot of people wouldnt have the patience to keep answering questions

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09-30-2011 , 10:45 PM

#878

K_2

Carpal \'Tunnel

Join Date: Dec 2010 Posts: 19,638

Tom is this french investor the one that Doyle refered to as "the french businessman that crushes the biggame at the bellaagio on the regular"?

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10-01-2011 , 01:36 AM

#879

durrrr

veteran

Join Date: Jul 2005 Posts: 3,024

i don't think i should comment too much about the ongoing deal with the french group. also i don't know much more than was in the press releases. i will say that obviously no-one would buy ftp without talking to the doj (in case the doj decided to say 'no, we want 1b$ and not a penny less), so that clause shouldn't be worrying at all

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10-01-2011 , 01:37 AM

#880

durrrr

veteran

Join Date: Jul 2005 Posts: 3,024

Quote:

Originally Posted by molinn9

Tom is it possible to get all the numbers from every team full tilt pro how much they have gotten payed in there history at full tilt.

yes i'd think it should be, but i don't think this is fair to do unless its pretty certain ftp isn't paying out. i think owners are fair game atm

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10-01-2011 , 01:39 AM

#881

durrrr

veteran

Join Date: Jul 2005 Posts: 3,024

Quote:

Originally Posted by nutfloppa

Before you signed with FTP did you ask any of the following

1. How is FTP able to accept deposits from US players when the UIGEA made it illegal to do so? If their response was poker is not included in the UIGEA the fact that payment processors had money seized well before Black Friday would make that answer BS

2. Since payment processors money had been seized before you signed did you question how much FTP would be willing to eat before they would have to exit the US market

3. Any talk about how long it took for US deposits to reach FTP bank accounts? Or anything about when/if money was assumed "safe" from seizure.

4. Did you discuss what their plan was if/when the DOJ shut them down

no, if i had asked those questions and evaluated etc i wouldn't be paying $$ back if they don't pay. the reason i think i owe that money is because i was naive enough to not ask those questions. i did discuss them some after signing, but i was obviously in a way less powerful position to demand answers.

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10-01-2011 , 01:40 AM

#882

mamafei

centurion

Join Date: Sep 2011 Posts: 199

Quote:

Originally Posted by durrrr

do u plan to keep an affiliation with FTP if a deal were to go through? Are you entitled to a deal? As of now, would u still consider yourself to be representing FTP or would u say you've cut off all ties with FTP at the moment? Also, if u could comment on the status of people who are "red pros" ... would their contracts be reinstated or would they be compensated anything if a deal were to go through?

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10-01-2011 , 01:41 AM

#883

durrrr

veteran

Join Date: Jul 2005 Posts: 3,024

Quote:

Originally Posted by K_2

Tom is this french investor the one that Doyle refered to as "the french businessman that crushes the biggame at the bellaagio on the regular"?

pretty sure the guy isn't a poker player- not 100% tho.

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10-01-2011 , 01:44 AM

#884

durrrr

veteran

Join Date: Jul 2005 Posts: 3,024

Quote:

Originally Posted by mamafei

i don't currently consider myself to have any affiliation with ftp. If i was convinced that ftp would get audited and have player funds segregated its possible i would consider to be affiliated, but i would do whatever deal was in my best interests. If that wasn't with ftp i'd still be happy to give advice etc. obv. I still am friendly with some people in ftp, and am obviously trying to do anything i can to help facilitate a deal.

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10-01-2011 , 02:32 AM

#885

Big Meech

banned

Join Date: Jun 2011 Posts: 148

Oh hai Tom, do you consider Howard to be stupid and arrogant like Daniel Negraneau has stated in multiple recent interviews? Also, plz go back onto televised cash games like HSP. Your plays give me bonerz

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10-01-2011 , 11:26 AM

#886

People_Mover

Pooh-Bah

Join Date: May 2005 Posts: 5,185

what about "limbo funds" that were never received or received as checks that bounced? I have 12k in checks that were either never received or were no good at the bank. Surely this is part of some kind of accounting that can be found and corrected? I would feel so much more comfortable if my acct actually stated the correct amount of what was owed to me. Thanks.

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10-01-2011 , 09:56 PM

#887

Tony Lepatata

old hand

Join Date: Jun 2007 Posts: 1,996

Quote:

Originally Posted by durrrr

the only way the ftp lineup gets out of it is if us (and european) player funds are returned. so the doj finally has clearly put their priorities in line. I said i'd take 5%- i think the real chance is over 10% to get 100c/$ (or at least 98/99- mebbe some accounting trickery), but i already have a huge % networth bet on it.

Tom,

You're a smart guy, but a smart guy in a room full of crooks and fools. Have you ever thought of doing something more worthwhile with your life than playing cards and making bets all day every day?

Tony

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10-02-2011 , 02:09 AM

#888

AIMAX

centurion

Join Date: Sep 2011 Posts: 175

Quote:

Originally Posted by durrrr

i will say that obviously no-one would buy ftp without talking to the doj (in case the doj decided to say 'no, we want 1b$ and not a penny less), so that clause shouldn't be worrying at all

Agree at all with this part. Do you know if Phil Ivey in the next few days will do a media interview and his future with the room?
Greetings from Argentina

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10-02-2011 , 03:29 AM

#889

Dark_Mace

adept

Join Date: May 2007 Posts: 748

On an unrelated note, and i highly doubt durrr will answer this:

I heard from a fairly reliable source in Macau that you were busto or close to busto after a lengthy down swing and buying up Daniel Cates ftp dollars at whatever rate you agreed upon.

How accurate is that statement?

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10-03-2011 , 08:52 AM

#890

short3

enthusiast

Join Date: Nov 2009 Posts: 69

There has been rumors that PA is playing on PS. Can you play on other sites now?

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10-03-2011 , 03:26 PM

#891

SGT RJ

Twitching

Join Date: Feb 2009 Posts: 49,109

Trying to buy or sell FTP accounts on 2p2 is prohibited. Since usually no one can post on the topic, even if it involves off site activity, without a bunch of people wanting to get in on the action, all those recent posts have been deleted.

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10-03-2011 , 03:54 PM

#892

topdawg95jd

centurion

Join Date: Jan 2009 Posts: 106

Quote:

Originally Posted by SGT RJ

What if I prop bet that Full Tilt funds are recovered and just happen to bet the amount I had online?

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10-11-2011 , 08:44 PM

#893

blind dollars

banned

Join Date: Oct 2011 Posts: 170

Quote:

Originally Posted by topdawg95jd

What if I prop bet that Full Tilt funds are recovered and just happen to bet the amount I had online?

lol

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10-20-2011 , 04:00 PM

#894

Dixienormas2

stranger

Join Date: Oct 2011 Posts: 14

Durrrr,

I apologize if this has been went over/ask previously. Can you lay out a time line of how you became associated with FTP? Obv you were crushing the nosebleeds on a regular basis. But who done all of the wooooooing? How long did it take to get you into the FTP stable? Where there other offers on the table from Stars or even UB? You were a free agent for years, what was the deciding factor to even become a member of Team FTP post UIGEA?

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