Great job Barry. You are a man of character and honor.

You represent the way professionals should respect the game.

Thank you

Since you asked, I got my information from the superceding indictment, the orignal and amended civil complaints, the domain name agreement, several DoJ press releases, Subject: Poker, various statutes and regulations and by talking to people who know more about this stuff than I do.

The underlined parts of what I quoted from your post are particularly wrong. It is correct that the DoJ seems to only have become aware that the money to pay the payerrs was missing after they appointed a Monitor to look over FTP's records, pursuant to the Doman Name agereement.

I'm not going to write a book to explain this all to you. NeedsToBeSaid has kindly provided lnks that will help you come to a better understanding.

The short version is this: Bankruptcy proceedings will be useless, because the bamkrupt companies will essentially have no assets to liquidate. The DoJ is seeking forfeiture of "all right and title to the assets of Full Tilt Poker". That's all the assets. The charges giving rise to the civil forfeiture allegations are: operating an illegal gambling business, bank and wire fraud, and money laundering. There is fraud in that list, but taxes are nowhere mentioned. See part VI of the original Civil Complaint.

Just a quick question: do you have to pay taxes on donations in the US? Here is an interest-free loan a donation and you have to pay 20% tax on this...

My head hurts reading so much about the FT case, I and my poker playing colleagues are owed money by these scumbags and not just that but we go through torture each day hoping for something to happen.

I think that the US PLayers have atleast some chance of seeing some money, sometime with the DOJ. However European and world players have 0%.

Interesting.

You may wish to inform yourself better.

O well, barry is not gonna react anymore.

His fanboys may give him a false impression of reality and this will probably die down if the deal doesn't fall apart. But if it does.......

http://www.youtube.com/watch?v=fDFGa...feature=fvwrel

That made me feel better.
Or how about this;

http://www.youtube.com/watch?v=zfP2G...9961911DD78DBA

Is Barry stable enough to get through what may be the toughest road in a long gambling career?

I mean, man, this has got to be the bottom. His age is against him, best years behind him, and, now this???

By the way Barry, similar loans with Poker Stars outstanding????

As far as I know Pokerstars did not give out loans like FT.

Not painting everyone with the same brush obviously, but as we've seen all along and especially since Black Friday...these "top-tier" players aren't what they seem.

Barry seems like a cool cat and I belive he's got good reasons for doing what he's doing (should be sticking up for all players though, no just the Americans imho), but other guys that come off as heros are never more than one disgruntled friend away from a "XXX player is scum" thread

Exactly these kind of shenanigans is why FT went down.

Why on earth did you borrow money to play on FT in the effin' first place? Couldn't you just deposited like everyone else? You are not even busto!

You say there are people that are supposed to pay you money, then why don't you collect instead of going into debt to play? Collect the dosh and deposit, or let them transfer to your FT account, what's so hard?

You borrowed money from some legal entity, the legal entity get bought, and now refuse to pay it back because of where the money goes, hiding behind some moral high ground. That's none of your beeswax where the money goes, just pay your debts you shouldn't have gotten into in the first place. You have no obligation whatsoever towards other players, US or anywhere else, pay the man his maney.

Your excuse about the significance of the amount makes me puke, do you think I can tell my bank to stfu my mortgage payment for a few months with the argument that it is not going to bankrupt them if I don't pay?

Your total disregard towards money and debt might make you very charitable and a good poker player, but shops don't work that way. What you high rollers need is a clearing institution amongst yourselves and keep shops out of it.

No. Didn't, and won't be. That isn't what is happening here (explained multiple times ITT). And that is directly related to the barry situation.

That's no excuse to still be in debt here. If there is no sale the proper answer is `I already payed my debt' or `I'll pay asap to FT or whoever owns the joint when I scraped together my pennies'

Too bad BG's not more transparent.

So as expected PS was behind this all along

Glad Barry was smart enough not to pay the 400K loan to Tapie.

And I guess you're also glad the Tapie deal fell through?

Sense no you make

A ROW players should be.

So funny after all the dust settles, Barry ends up owing the money to his employer. lol

Cliffs from what i remember is that tapie was angleshooting us the way barry thought he was and barry was taking a **** tonne of heat from us nvg tards.

barry still should of put the money in escrow though

I personally think as well someone should escrow the money but the best escrow would be Barry G. I cannot think a better candidate.

You mean the "imaginary deal" that the convicted criminal Tapie tried to pull over on the DOJ? Sure I'm glad that deal fell through. $80 million and the Tapie group would pay the players when they started collecting rake and deposits? No thanks Frenchie!! That deal smelled worse than a pissed off Peppy Le Pew.

I want to know if Barry will be paying pokerstars the money he owes now that they bought FTP and its debts.