Post answer i have heard yet

whoops!!!! borrowed the money, didn't pay it back and now is trying to be the knight in shining armour..

[] fail

if you are in the US its probably difficult getting this large amount online without waiting weeks for it

With that attitude you should of obviously, started E checking, like the others who cared little to none of how deposits were realized.

That does not justify his actions in any way. He couldn't borrow from another pro who had money on there???

mh? borrwing is common practice in the highstakes games... He just should have paid it back much earlier and hes friend with ivey who probably arranged it or whatever i know. Ivey calls lederer to ship barry some ftp money, easier than ship it himself

Somewhere in one of the FTP threads today I posted my analysis that it will actually cost GBT only about $95M to buy the assets, relaunch the site, pay the refunds and cover the remaining relevant account balances. $18M is almost 20% of that cost.

If Tapie actually has to pay $230M, I think the expected ROI will be too low to go ahead with the deal.

I don't get all this stuff about "moral obligations". You owe the money, pay it back

You seems like a shill or something, dont know wtf ure trying to do here. nobody would like to pay for ftp pros debt.

Even diamond flush said ure a ignorant douche... could you please stop being so useless to ftp players situation ?

barry continues to be a stand up guy and openly comment on the situation. Too bad none of these other jokers will even think of opening up lines of communication.

Howard!! How are you man? Give Annie my best.

Seems fairly simple to me. You pay whoever you owe money and you don't rely on people who owe you money to pay your debts to others. Why would a debt of this amount just linger for 5 years?

I'm curious... who exactly does it seem I'm shilling for?

Pretty much all of this .. Dead on

barryg trending worldwide.

Keep crap like this in the containment thread.

(Or just don't do it, but meh.)

I saw that and you're making a lot of assumptions. One of the biggest was that GBT would only be honouring (I put a u cause it's mostly europe )half of the money owed to ROW players and I don't think that would be the case. At least I hope that wouldn't.

That $40 mil european bank account is also something reported that they would get after the purchase. They will still need to come up with that $40 mil before the purchase even if it ultimately turns out to come back to them.

By the way... you said you saw the books for Pocket Kings. How did you manage that?

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Sorry for grunching after the first 50 posts but what is the consensus about Barry seemingly thinking US players will only be paid a % of what is owed by the DOJ "fund"?

I noticed this too and was surprised ppl weren't talking more about it.

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Noah, any comments are welcome .

Biz, not being directed at you but any debts these guys owe to FTP is between them and FTP. If you'll remember, it's not like Bitar, Chris and the rest of them didn't know where they lived or how to contact them, both then and now. It's a matter between the parties. It really has nothing to do with any of us. IMO. I don't see the point in Barry bring it up here and all it will do is go badly. I wish Barry all the best in this matter. I found it more funny that the buying group is stating it will be difficult to recover the funds from the players that owe money. I'd consider that it's a simple matter to file a court brief as a creditor and then file suit to record the funds. You can't pull that crap in Vegas....

Getting a judgment lien and actually recovering funds are two very different things. Do you think Layne Flack is going to magically discover $2 million under his mattress once there's a judgment against him? Or perhaps they could garnish his wages (ha ha ha ha ha ha ha).

The money needs to go in an escrow pool!

To go toward paying off US players, then anything left over to go to FTP.

However the longer this goes on, the less likely anyone is going to get paid. The company is worth less every day, and the remaining employees are probably still being paid out of whatever player deposits are still left.

now i'f only ivey and the rest of the full tilt crooks would do something like this.... wishful thinking though.