Fukk Tilt Denies Fraud

http://www.reuters.com/article/2011/09/21/us-poker-lawyer-idUSTRE78K6C820110921

Wow. I'll bet nobody saw that one coming. I wish I could put up an emoticon that shows that sentence dripping...no, uncontrollably flooding with sarcasm.

In April, the followers of the Big Laydown (both of them) got to hear my prediction that this was going to end up like a bank run where the depositors know that the bank isn't solvent and that they wouldn't be able to pay the money back. The only survival story I know about a bank run is fiction - "It's a Wonderful Life."

Let me give you a personal to me analogy. You have endured many of my crack team jokes which ends up being related to my dog. Four days after my main crack team member was laid to rest I got a phone call from someone within a 45 minute drive of me. In other words, local. "Are you the guy looking for a German Shepherd puppy?"

It offends me that they think I would be so naive that a puppy mill wants me to think about paying $400 for what is probably an inbred and unhealthy animal to satisfy my grief. So I called them out on it, just to blow off some steam. Theemergency clinic (only thing open until two days later) made me fill out some paper work which I included my cell phone number on. The puppy mill called my cell phone, which since it's basically for emergencies never gets called.

Now, since I was just blowing off steam it wasn't a huge surprise that they told me that they had no responsibility in this event that by mathematical standards is just too f'ing weird to be believed.

Of course the answer is no. In this wonderfully litigious society we live in, even if the answer is really 'yes', what gets spewed out of the mouth is 'no'.

After the FBI inestigates Full Tilt and they have $6 million in cash with locked out US players being owed 150 million, can they seriously say - Ooops. I'm a little bit short on the cash because I paid it out to the owners. There was a mistake in the accounting, give me a couple of weeks to fix the financial statements and pay the bank run customers.

My personal belief is that PokerStars and Absolute have been doing the same thing, but managed to have enough capital to pay off US players and their fingers are crossed while they cheat enough real money players into keeping their Ponzi pyramid alive.

By the way. I own the Eiffel Tower. And not just in computer games - the real metal strucure. The stock market has been so bad I'm reall getting worried about my 401k. I'm putting it up on eBay for sale with a minimum of $10,000. Email me at bmadoff@scam.net if you want to negotiate a lower price.