Chris Fergussons' 6th bracelet

belladonna05

belladonna05

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What are your thoughts about him commanding a 6th bracelet and probably locking up Player of the Year? I really never followed it all that closely when the US governement went in and shut down american poker as I knew and loved it. Most of my money was on pokerstars so it didn't affect me like it did so many others. I understand why so many were upset by the croookedness of Fulltilt. But there are a couple of things that bother me about the vilification of one man over the other.
1. Daniel Negreanu forgives Howard but doesn't forgive Chris because he believes Howards apology was sincere? Why is an apology that big a deal between the two.
2. In the settlements that both men reached and they paid, only a judgement of wrong doing was made against Howard while no such judgement was made against Chris:
“WHEREAS, Lederer contends that full tilt poker was a legitimate business providing services to its customers within the bounds of the law, and that prior to April 15, 2011, he was unaware of any wrongful activity at Full Tilt including that the company had become unable to satisfy its player account liabilities;”

“WHEREAS, Ferguson contends that Full Tilt Poker was a legitimate business providing services to its customers within the bounds of the law;”
“WHEREAS, Ferguson contends that he was unaware of any wrongful activity at Full Tilt or that the company had become unable to satisfy its player account liabilities;”

3. The amount of money credited to the two:
Lederer and Ferguson were both targeted for a similar amount – $42mm vs $42.5mm but only Ferguson credited any money back to poker players in the amount of 14 million while no one else at Full Tilt did. In the way of apologies that speaks as about as sincere as you can get.

So back to my question, what do you think of the whole mess?
 
MrMeeseeks86

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Personally I don't like it at all. Negreanu's point is that he gave some bs statement and never acknowledged it further. Having been victim to a ponzi scheme it really irks me that this guy is back to being on top again. I'd rather he disappear from poker as he and Lederer gave it such a black mark.
 
belladonna05

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Personally I don't like it at all. Negreanu's point is that he gave some bs statement and never acknowledged it further. Having been victim to a ponzi scheme it really irks me that this guy is back to being on top again. I'd rather he disappear from poker as he and Lederer gave it such a black mark.
Fulltilt was a black mark, no doubt.
 
darthdimsky

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3. The amount of money credited to the two:
Lederer and Ferguson were both targeted for a similar amount – $42mm vs $42.5mm but only Ferguson credited any money back to poker players in the amount of 14 million while no one else at Full Tilt did. In the way of apologies that speaks as about as sincere as you can get.

Honestly had no idea Ferguson gave back anything. I wasn't affected by Black Friday either. Can't bygones be bygones? Especially after a 5 year hiatus?

As much as I like Dnegs, him taking the high road publicly and villifying Chris Ferguson isn't something I'm a fan of. He's taken things too far.
 
shamanalix

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Go Chris!! I'm rooting for him. Daniel has a tendency to overdo things, gets obsessive/compulsive, doesn't know when to let things go often while expecting his foibles to be forgiven/forgotten. To each their own. I still say Go Chris!!!
 
rckstr2b

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He used to be one of my favorite players. Not sure how I feel about him anymore. FT screwed everything up for American players. It’s hard not be mad.
Much rather play PS than these semi-crappy(in comparison) American sites
 
MrMeeseeks86

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Honestly had no idea Ferguson gave back anything. I wasn't affected by Black Friday either. Can't bygones be bygones? Especially after a 5 year hiatus?

As much as I like Dnegs, him taking the high road publicly and villifying Chris Ferguson isn't something I'm a fan of. He's taken things too far.
A lot of people has let their lost money be bygones. As in 'bye, it's gone'.

Sorry, will not forgive nor forget widespread fraud. Hope that doesn't seem harsh. But he's a nice guy though right? So at least there's that.
 
bmw13

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just some bandits I really don t understand why steal 40mil$ and make everything shut down ...instead of making this money slow and sure...
 
belladonna05

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MrMeeseeks86

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Well isn't that because PS acquired them?

My main gripe is just people still treating him like a hero. It's like those DiCaprio from Wolf of Wall Street motivational memes. I'm like, 'you know he stole people's money and went to prison right?'
 
darthdimsky

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Alright I'm asking as a relative newbie then. It it was proven that he defrauded and misappropriated funds from full tilt, how was he able to escape jail time. Ray Bitar, on the other hand, served. So if they were equally guilty then why was he not indicted?
 
belladonna05

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Alright I'm asking as a relative newbie then. It it was proven that he defrauded and misappropriated funds from full tilt, how was he able to escape jail time. Ray Bitar, on the other hand, served. So if they were equally guilty then why was he not indicted?



That’s the thing, unlike Howard and Bitar there was no judgement of wrongdoing ever applied to him.
 
Melbell

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Weren't most people made whole by DOJ payments
 
fabiancampos

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this veteran plays beautifully.. I remember it in the full tilt rooms!
 
Pharaoh39

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And yet he had to nerve to not even speak on being part of the Full Tilt Ponzi scheme. SMH
 
belladonna05

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And yet he had to nerve to not even speak on being part of the Full Tilt Ponzi scheme. SMH

Yes the poker community feels that was a big FU to them. Makes me wonder whether the answer is A. He is like Trump and feels he never does anything wrong or B. He feels no matter what he says the pitchforks are out and they aren't getting put back up. Makes me wish he would say something so we could get a glimpse into his reasoning for remaining mute on the subject.
 
paipingprung

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I'm excited about his announcement that he will be opening a new poker site. He promises it will be the most honest, trustworthy poker site on the internet. He also said that could change though, and then he would just tell everyone FU if you don't like it.
 
paipingprung

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And what I want to know is who are the cowards at the tables not calling him out. He should have no peace in any poker room. Everytime you pass him, FU crook, he wins a a hand, the whole table says nh POS.
 
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What if it is like picking the wrong team? If pokerstars was the one that couldn't pay players would we vilify Daniel Negreanu?
 
MikeShayne

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What if it is like picking the wrong team? If pokerstars was the one that couldn't pay players would we vilify Daniel Negreanu?

I don't think so. Negreanu is not an owner at Stars. Players tend to be upset with Ferguson because he created and was exec at Tilt.
 
prw18

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I think a lot of the people who complain about Howard and Chris would do the same thing in the situation they were in. They thought they could make millions and probably did and even though I played on FullTilt and I miss it like crazy, I don't blame them for doing what they had to do to get rich. It's a dog eat dog world whether you like it or not.
 
darthdimsky

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Really sorry for resurrecting an old thread. But Barry Greenstein's ongoing
with Joey Ingram is an unbelievable eye opener in the whole full tilt break up, most likely scenario and who knew what behind the scenes.

He is chatting quite a bit about Chris Ferguson here. It's a fascinating chat. Joe usually keeps this vids in his channel and there is a previous interview with Barry that's also really amazing if you guys are interested.
 
belladonna05

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Interesting video and again, it brings up Chris was the only one putting his own personal money back into the company when things went south.
 
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