This Part 3 is probably the worst of them all. He drops the "I don't know" phrase way more then he did in the first two parts which is lolz.
This Part 3 is probably the worst of them all. He drops the "I don't know" phrase way more then he did in the first two parts which is lolz.
Part 3 in a nutshell: "It wasn't me!! Ray Bitar did it. I didn't know until it was too late"
That's the theme...let Ray take the fall.
part 4
http://t.co/9PpjzehB
This guy is the worst liar ever.
He says Player A deposits 100 and player B deposits 100, they play a 100 sngo and then the guy with the 200 tries to cash out but they never processed his deposit. So they have to pay him 100. Actually they never deducted those amounts. They would have just shipped him 200 no problem. If he didnt know this then he knows this by now
Also he said he never read some internal cash report that said they were fucked. Yet he just read the Alderny report which says they were fine lol
He finds out his company is in the hole 100 million so he still flies to the middle east. Solid company guy!
Then he flies to irelnad and he can't remember if him and Chris had a private convo about Ray.
LEDERER IS GOD
My comment:
If you steal a loaf of bread because you are hungry you go to jail almost instantly and might stay there a disproportionate time to the time it would have taken to earn the money to buy the loaf - of course you can't get a job - but you know what I am saying. If you are an owner of a company that steals $250M of deposits, and gives it to its owners, people will make movies about you and tape LONG interviews where you say over and over "you know, I just don't know" and "you know, I just can't remember".
Oh yes - to be fair - we did learn something crucial in part 4. At one point in a member meeting, Gus said "hey everyone - can we just let Howard finish". That made it all worthwhile - at least for me - I'm now really satisfied. Thanks Pokernews. We have really gotten to the bottom of this Flying Stupidity.
Can't wait for part 5.
WTF were all you idiots expecting? Did you expect him to make self incriminating statements? Did you expect him to throw his fellow owners under the bus? Lederer isn't the idiot in all of this. It is the tens of thousands of people who blindly maxed out their credit cards depositing money onto a site when they had no clue as to the safety of their balances.
Lederer is God.
obviously this interview is a complete and utter joke, especially for anyone in the know (ie, basically anyone on the boards or better) this interview is a fucking sham for investors, sponsors and anyone amongst the likeness of them. Small time fans who have probably not seen this yet but eventually will are going to gobble it up like schmucks and say shit atleast he got the players their money back!
go back to your iphones, ipads and don't forget to deposit some money in the near future on your laptops and pcs you fucks.
Interviewer:
Poker is a game where people sit down at the table with money and the objective is for the players to get all the other players money. Full Tilt Poker was a company formed by and owned by poker players. The owners received over $400M in distributions and there is no money left to cover the player deposits. How do you respond?
Howard:
You know - I just don't know. I know at the beginning when we were a California company I knew everything that was going on. Once the company moved to Dublin, I guess I lost touch with what was going on. I do know I was pretty busy at the time supervising construction on my house. If you want to see some pictures, have a look at: My Pictures
Interviewer:
You have said that Ray told you about the backlog and that it was in the nine figure range. How did you react when you heard that?
Howard:
Well, you know - I really can't recall exactly. I know we were at Ray's place - and he just kind of came out with it. I was surprised. I think Chris was there too. Yes that's right. I do know that I had to catch a flight in a couple of hours. And this kind of thing doesn't just sink in right away. I know I was thinking about whether I had the right power adapter in my suitcase for where I was going, and I did check my smartphone to see the weather forecast. You know - there was just so much going on at that time. I know I had to tape a show as well. I really don't know.
part 5 & 6
5 and 6 look like one of those, "AT FIRST I WAS LIKE THIS......BUT THEN I WAS LIKE THIS" memes.
I like how FTP hands out millions with such poor accounting and communication like the whole Erik Lindgren story in either part 5 or part 6.
A former FTP associate take on Lederer Files:
http://www.reddit.com/r/poker/commen...h_30_plausible
The main question that I want to know the answer to is how in the hell did Howard manage to walk into the Venetian/Palazzo alive?
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