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Response regarding money I owe to Full Tilt Response regarding money I owe to Full Tilt

02-05-2012 , 05:16 PM
^stupid post, he doesn't want to give it away without the go ahead from the D.O.J., also, why should I all of a sudden feel bad for Full Tilt?
Response regarding money I owe to Full Tilt Quote
02-05-2012 , 06:58 PM
Quote:
Originally Posted by CheckRaise_
^stupid post, he doesn't want to give it away without the go ahead from the D.O.J., also, why should I all of a sudden feel bad for Full Tilt?
This statement is way dumber than the one abovw you. Jesus christ, like if the money gonna go in the pocket of howard and cie...
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02-05-2012 , 06:59 PM
I think it's funny barryg said he borrowed 400k and didn't pay it back because he was waiting for people to pay him back. Oh really? Try telling that one to your bank. Did he tell FT he would pay them back if he was paid back from other people at the time he took the money?

Money owed to you has no bearing on a debt you owe. barryg also has no moral obligation to US players, what does that even mean? He didn't borrow money from US players and doesn't owe them anything.

Sounds like another in-debt dead beat poker pro playing above his means and not having the money to pay back his debt.
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02-05-2012 , 07:57 PM
This is BS BarryG1, just pay your debts. You owe the money.
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02-05-2012 , 08:14 PM
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02-06-2012 , 12:15 AM
Well, at least I learned a new word: comminate.

Good word.
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02-06-2012 , 12:19 AM
Quote:
Originally Posted by Kittens


There should be an award for this. Seriously.
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02-06-2012 , 01:46 AM
I'm just saying that I'm not going to start hating Barry Greenstein all because FT isn't getting payed back money that isn't theirs
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02-06-2012 , 02:49 AM
Quote:
Originally Posted by badblue

Ivey comes next. He doesn't give a **** either, people still hug his nuts.
Some of the best athletes are the biggest *******s in private life, doenst change that they are good at what they do...
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02-06-2012 , 05:15 AM
what was barrys screen name on FTP?
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02-06-2012 , 05:50 AM
Ivey,Lindgren,Matusow dont look good in this.

If known poker players care of integrity now its the time to show it.

I mean these guys are millionaires. All who have debts should pay so there can be a deal and Full Tilt can come back.

I have read that Barry Greenstein gave part of his profits to charity so this is a honourable thing. I understand Greenstein that he wants his money go to the right place but first of all he owes the money.
I dont think its okay to say first Us players should get paid i think all Full Tilt players should get paid no matter US, Europe or other world.

Its unbelievable what system was going on at Full Tilt. All who are responsible for this disaster should be prosecuted and it should made sure that something like this cant happen again because this whole thing damaged not just players it damaged whole online poker thing.
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02-06-2012 , 01:01 PM
Quote:
Originally Posted by bob12721
Feel free to blast any of the pros that owe FTP large amount of money, but I don't think you will ever shame them into making a statement unless they are ready to pay the money. In the mean time if you are a U.S. player you knew that internet poker was not legal. You just found away around the law and gambled and sometimes when you gamble it doesn't work out in your favor,and now you are paying the price, I mean you had to know that the DOJ would catch up and shut it down. And no that doesn't excuse what was going on with the FTP people, but you gambled and lost and now it appears they did as well, so you just have to wait for it to be settled. Complaining and calling them out will not move things along any faster.
Honestly, when I deposited money in February of 2011, I did not know that online poker was illegal in the U.S. In fact, I thought: "If online poker was illegal in the U.S., how could Full Tilt and Pokerstars have TV shows on NETWORK TELEVISION clearly advertising their products if it wasn't legal?
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02-06-2012 , 01:05 PM
Quote:
Originally Posted by SJCX
I think it's funny barryg said he borrowed 400k and didn't pay it back because he was waiting for people to pay him back. Oh really? Try telling that one to your bank. Did he tell FT he would pay them back if he was paid back from other people at the time he took the money?

Money owed to you has no bearing on a debt you owe. barryg also has no moral obligation to US players, what does that even mean? He didn't borrow money from US players and doesn't owe them anything.

Sounds like another in-debt dead beat poker pro playing above his means and not having the money to pay back his debt.

Yeh great bank analogy. Totally fits here. You da man.
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02-06-2012 , 01:20 PM
Quote:
Originally Posted by riverboatking
what was barrys screen name on FTP?
I think it is barryg1
I read this somewhere.
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02-06-2012 , 01:58 PM
Based on some of the responses, I can only assume some of you are the type to post “I called w/ QJ off, the flop is Q J 10” … what do I do now?

There are a lot of details unknown – both of FTP and barryg1 loan – very plausible that his loan was essentially a line of credit, with payment not due for some time in future – he may not have “owed” the money in the time frame that you want (if you do not understand that a loan is a contract with terms that vary, I cannot explain it now).

barryg1 is offering to assist the poker community, he could have easily settled this under terms that no one outside of very select few would have ever known (and precluded from disclosing), and for an amount of $ that would have been less than he is currently offering.

What does become more apparent is that barryg1 is in fact one of the good guys, offering to pay his debt in a manner that helps players that lost $ with FTP. That the current buyers of FTP seem to have some other agenda that may or may not include payment to players… again unknown, but suspicious of making this public
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02-06-2012 , 02:28 PM
Barry G whole speil about giving winnings to charity is a BIG SCAM. I wont get into it here, but its very true. Hes really bad @ live poker nowadays too. I have a friend that plays with him that sais he looks like hell and plays very poorly.
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02-06-2012 , 02:55 PM
I believe Barry. Barry is legit.
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02-06-2012 , 02:58 PM
Quote:
Originally Posted by MadProf
You are an idiot. Get a clue fkking n00b. Barry is the most stand up person in poker.
Not everything is how it appears newb. Barry held onto a lot of information about ub because his friends stood to lose a lot of money....
Barry kept his mouth shut regarding this loan because it could cost him a lot of money even though he argues it wouldnt make a difference in the deal.

Just because he appears to be a standup guy doesnt mean he is. btw I always like him..
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02-06-2012 , 03:04 PM
Now PokerNews is reporting that it's $16.5 million total, owed by 19 pro players. And indeed, several have agreed to repayment plans. Hardball tactics by Tapie, to be sure... but if this isn't sorted out soon, I imagine we will see a steady drip of the names of players who owe. Including who's agreed to pay and who hasn't.

http://www.pokernews.com/news/2012/0...l-ti-11962.htm
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02-06-2012 , 03:31 PM
I hope they print all the names of those involved that are not cooperating.
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02-06-2012 , 04:01 PM
Quote:
Originally Posted by NEMplsJW
I hope they print all the names of those involved that are not cooperating.
everybody except for barry.g? Anyways, just give the money back thieves! Cheating, greedy scumbags! I guess money is like a poison
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02-06-2012 , 04:19 PM
A bit of a grunge here... Have not read the entirety of this thread.

Why is it the general consensus that BG1 (and other pros) owe this money back to GBT?

The DOJ owns the FT assets, I assume that means, cash, int prop, SW, debts, outstanding loans, etc? They have an offer in theory to GBT to buy assets than includes SW, Int Prop, etc.

Why is the general consensus that GBT can ask for the debt to be paid back to them? It should be owed to the DOJ, and then they can decide if they will keep it or pass it along to GBT.

ps: and I am guessing if Barry or anyone else for that matter get a call from the DOJ asking for payment, it will get their attention. Everyone owed money will either get it, or they wont. The DOJ will get what they think is owed.
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02-06-2012 , 04:24 PM
Quote:
Originally Posted by LaplaceTransform
everybody except for barry.g? Anyways, just give the money back thieves! Cheating, greedy scumbags! I guess money is like a poison

Everyone for sure.
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02-06-2012 , 04:25 PM
Quote:
Originally Posted by Gim_Mick
A bit of a grunge here... Have not read the entirety of this thread.

Why is it the general consensus that BG1 (and other pros) owe this money back to GBT?

The DOJ owns the FT assets, I assume that means, cash, int prop, SW, debts, outstanding loans, etc? They have an offer in theory to GBT to buy assets than includes SW, Int Prop, etc.

Why is the general consensus that GBT can ask for the debt to be paid back to them? It should be owed to the DOJ, and then they can decide if they will keep it or pass it along to GBT.
No one is asking these pros to pay GBT now. Presumably, GBT is asking them to enter into agreements to repay their FT debts to GBT, IF and WHEN the GBT acquisition closes. Not before. Yes, it basically works as you say; the debt is to FT, but GBT wants some assurance that they are going to be able to collect on those substantial debts. If you were buying debts owed by a bunch of degenerate gamblers (hi, Layne; hi, Benyamine), wouldn't you want some assurance that you have a chance in hell of seeing that money?
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02-06-2012 , 04:29 PM
Quote:
Originally Posted by Zomboid!
No one is asking these pros to pay GBT now. Presumably, GBT is asking them to enter into agreements to repay their FT debts to GBT, IF and WHEN the GBT acquisition closes. Not before. Yes, it basically works as you say; the debt is to FT, but GBT wants some assurance that they are going to be able to collect on those substantial debts. If you were buying debts owed by a bunch of degenerate gamblers (hi, Layne; hi, Benyamine), wouldn't you want some assurance that you have a chance in hell of seeing that money?
but where is it documented that the DOJ is selling that debt to them? Maybe it is out there and I just missed it. I thought they were buying the SW, int property, customer base, and hardware assets, so they could re establish the site?

Do the pros have to go back under endorsement contracts also? So they get their endorsement (monthly) checks?
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