Brandon Adams on The Peter Schiff Show, Feb. 26th - Poker News

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Brandon Adams on The Peter Schiff Show, Feb. 26th

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02-26-2013 , 11:23 AM

TheGreenMagi

adept

Join Date: Jan 2013 Posts: 1,052

http://schiffradio.com/

The show airs from 10am-noon EST.... Brandon will probably be on at 10:30 or 11:00. After the show is over, there is a link on the website to listen to the show repeat over the next 22 hours.

Today's guest is Brandon Adams -- professional poker player, former Harvard econ professor, author of the just released Setting Sun: The End of US Economic Dominance -- on why the righteous battle over sequestration signals a much larger problem with America's economic future.

Peter is looking forward to your calls on politics, finance, and the economy.

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02-26-2013 , 01:32 PM

lwlee

adept

Join Date: Nov 2004 Posts: 884

What the hell this have to do with poker?

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02-26-2013 , 01:35 PM

BreakYaNeck

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Join Date: Oct 2008 Posts: 8,187

Quote:

Originally Posted by lwlee

What the hell this have to do with poker?

Brandon Adams is a well known pro? Seems good enough to me

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02-26-2013 , 02:00 PM

Cryptorchild

journeyman

Join Date: Jun 2006 Posts: 210

Thanks for this.

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02-26-2013 , 02:00 PM

ShizzMoney

old hand

Join Date: Oct 2007 Posts: 1,655

You know you are getting old on these boards when people don't know who Brandon Adams is lol

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02-26-2013 , 02:09 PM

lwlee

adept

Join Date: Nov 2004 Posts: 884

I know who he is, but I don't really care to listen to his political views. What are we gonna have next? Ivey telling us why he thinks Obama is good for the US? Don't really care.

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Originally Posted by BreakYaNeck

Brandon Adams is a well known pro? Seems good enough to me

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02-26-2013 , 02:20 PM

RonMexico

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Join Date: Feb 2006 Posts: 4,323

Thanks for posting twice in the thread you don't care about.

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02-26-2013 , 02:20 PM

Diamond_Flush

old hand

Join Date: Dec 2010 Posts: 1,470

Wish I had seen this in time, I could have called in and asked about his outstanding e-checks and loans. Thats finance related right?

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02-26-2013 , 02:21 PM

lwlee

adept

Join Date: Nov 2004 Posts: 884

Someone got to stand up and tell it like it is.

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Originally Posted by RonMexico

Thanks for posting twice in the thread you don't care about.

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02-26-2013 , 02:28 PM

#10

coolnout

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Quote:

Originally Posted by Diamond_Flush

Wish I had seen this in time, I could have called in and asked about his outstanding e-checks and loans. Thats finance related right?

how much we talking here?

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02-26-2013 , 02:30 PM

#11

ALawPoker

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Join Date: Jul 2005 Posts: 5,269

Quote:

Originally Posted by lwlee

I know who he is, but I don't really care to listen to his political views. What are we gonna have next? Ivey telling us why he thinks Obama is good for the US? Don't really care.

so racist

also this is way better than like 95% of threads imo

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02-26-2013 , 02:39 PM

#12

Jigsaw

veteran

Join Date: Oct 2009 Posts: 2,308

Quote:

Originally Posted by Diamond_Flush

Wish I had seen this in time, I could have called in and asked about his outstanding e-checks and loans. Thats finance related right?

I am sure that they are good. But I would not jump to the conclusion that they are outstanding.

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02-26-2013 , 02:39 PM

#13

lwlee

adept

Join Date: Nov 2004 Posts: 884

Racist? What u yapping about?

Quote:

Originally Posted by ALawPoker

so racist

also this is way better than like 95% of threads imo

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02-26-2013 , 05:25 PM

#14

Diamond_Flush

old hand

Join Date: Dec 2010 Posts: 1,470

Quote:

Originally Posted by coolnout

how much we talking here?

As to the echecks, larger than anyone else afaik. According to records after Black Friday, approx $ 70K.

As to loans, much less, but tbh, he could have paid those back to PS already.

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02-26-2013 , 05:32 PM

#15

BustoPro

old hand

Join Date: Apr 2007 Posts: 1,668

Still attention-whoring and milking the Harvard connection, I see...

He wasn't a "Harvard econ professor". He was a *lecturer* for a course, when he was taking courses himself at Harvard Business School. So he was somewhere between a teaching assistant and a REAL professor, and probably closer to the former.

Whatever. Maybe the book is good, who knows. I hope it's better than his novel, which was basically a blog in book form. He'll probably do fine on a radio show, where pupils the size of quarters (from his "smart drug" addiction) won't be a distraction.

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02-26-2013 , 06:04 PM

#16

TheGreenMagi

adept

Join Date: Jan 2013 Posts: 1,052

mp3 link for the show:

http://schiffradio.com/site/rd?satyp...oqfA%3D%3D.mp3

The interview with Brandon Adams starts at about the 19 minute mark.

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02-26-2013 , 07:10 PM

#17

rakemeplz

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Join Date: Feb 2006 Posts: 12,648

Brandon Adams is smart but dumb.

"Wish I had seen this in time, I could have called in and asked about his outstanding e-checks and loans. Thats finance related right?"

:O

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02-26-2013 , 07:46 PM

#18

insidemanpoker

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Join Date: Mar 2009 Posts: 3,590

Quote:

Originally Posted by Diamond_Flush

As to the echecks, larger than anyone else afaik. According to records after Black Friday, approx $ 70K.

As to loans, much less, but tbh, he could have paid those back to PS already.

Can you post a link to where you had discussed this in more detail (or just provide more info)? I would be curious to hear more information about this as I don't remember hearing much about BA in all that FTP mess. I must have just glossed over it but you peaked my interest!

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02-27-2013 , 02:37 AM

#19

NoahSD

Is Right

Join Date: Aug 2005 Posts: 18,843

Note that e-checks were not common deposit methods for high stakes. The max was $2500 most of the time, so Brandon would have had to make about 28 $2500 deposits in order to reach a debt of approximately $70k from uncleared e-checks.

Brandon Adams on FTP e-checks:

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6) When did you learn about the e-check debacle/shortfall/backlog/whatever you want to call it?

Not until after Black Friday. That’s one of the worst business decisions I’ve ever heard of, and I have no explanation for it. I’d heard of stories about unfunded deposits, but I would have never guessed that they were a matter of policy and amounted to $100 million or so. I thought they were isolated instances resulting from payment processing seizures. I knew (along with many observers) that the government was more aggressive about these seizures starting in late 2010 or early 2011.

(http://www.thepokerfarm.com/opinion-...stions-noahsd/)

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02-27-2013 , 03:31 AM

#20

AllBlackDan

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Are DF and Noah insinuating that Brandon Adams knew about the echeck debacle and actually exploited it to the tune of $70k?

If true ultra scummy to do that to the company you work for lol

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02-27-2013 , 04:31 AM

#21

chinamaniac

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Join Date: Nov 2009 Posts: 3,720

Quote:

Originally Posted by Diamond_Flush

Wish I had seen this in time, I could have called in and asked about his outstanding e-checks and loans. Thats finance related right?

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02-27-2013 , 04:49 AM

#22

apefish

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Join Date: Mar 2006 Posts: 14,618

I'm sure the Full Tilt e-check debacle was much more honorable than PokerStars.

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02-27-2013 , 06:08 AM

#23

rockrock

journeyman

Join Date: Jun 2005 Posts: 348

So he was an echeck scammer that pretended not to know about it once it became public knowledge?

Nice guy

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02-27-2013 , 06:34 AM

#24

chinamaniac

Pooh-Bah

Join Date: Nov 2009 Posts: 3,720

Quote:

Originally Posted by NoahSD

He was a red pro so is it possible they gave him a higher E-check limit? Or was that a processor decision?

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02-27-2013 , 06:35 AM

#25

chinamaniac

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Join Date: Nov 2009 Posts: 3,720

Quote:

Originally Posted by AllBlackDan

Are DF and Noah insinuating that Brandon Adams knew about the echeck debacle and actually exploited it to the tune of $70k?

If true ultra scummy to do that to the company you work for lol

Unless they told him it was ok and they would eventually get taken from his bank account or something along those lines

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