Thursday, September 22, 2011

Absolute Morality and Full Tilt Ponzi Links

By Pauly
San Francisco, CA

It's been a wild 48 hours ever since the DOJ attached the pariah-like words "Ponzi Scheme" to their investigation into Full Tilt Poker. Whenever I have my mom waking me up with a frantic call, grilling me about if I was swindling money from people in that "Tilty Ponzi Poker"... then you know it's a big fucking story.

Anyway, here's a few items of note that you should check out...
Terrible Tuesday Podcast: F Train and Chops chat about Terrible Tuesday. (Wicked Chops Poker)

Full Tilt's New Brand Identity: More proof than my girlfriend is a better writer than I am with this gem Full Tilt's New Brand Identity: Ponzi Scheme. (Pot Committed)

A Poker Ponzi Scheme?: Writer Alec Wilkinson spent some time with Jesus and he shared some of his thoughts including one line that stood out..."The Justice Department people I spoke to were clearly burned at not being able to shut sites such as Full Tilt down." (The New Yorker)

Durrrr In the Well: Tom Dwan answers questions about Full Tilt Poker on the most famous poker forum in existence. (2+2)

What Does It Mean? Shamus had an excellent post about What Does Poker Mean Today? (Hard-Boiled Poker)

DOJ's Civil Complaint v. Full Tilt: Barry Carter and Matt Kaufman posted a thorough index of the complaint, which also includes a video of Tom "durrrr" Dwan on Fox Business News. (Poker Strategy)

Talk About Red Pros: More thought-provoking fodder from Shamus about Full Tilt and the DOJ. (Hard-Boiled Poker)

Where to Next? Bill Rini has some thoughts on the next step for Full Tilt Poker. (Bill's Poker Blog)

* * *

One day, you're the toast of the town, and the next day, you're kicked to the curb with yesterday's garbage.

Al Pacino pontificated about morality during an exquisite scene from David Mamet's masterpiece about shady real estate swindlers in Glengarry Glen Ross...
All train compartments smell vaguely of shit. It gets so you don't mind it. That's the worst thing that I can confess. You know how long it took me to get there? A long time. When you die you're gonna regret the things you don't do. You think you're queer? I'm gonna tell you something. We're all queer. You think you're a thief? So what? You get befuddled by a middle-class morality? Get shut of it. Shut it out. You cheat on your wife, you did it. Live with it. You fuck little girls, so be it. There's an absolute morality? Maybe. And then what? If you think there is, go ahead, be that thing. Bad people go to hell? I don't think so. You think that, act that way. A hell exists on earth? Yes. I won't live in it. That's me.
You can video that clip here...


  1. She is not and yes it is.

  2. The DOJ does not, technically, have an obligation to minimize shareholder losses or facilitate victim restitution. Their job is to prosecute criminal conduct. However, can and did the DOJ use the media to manipulate the likelihood of a buyout deal to meet their own agenda and is that an ethical violation? Is that agenda a scuttle of the buyout possibilities, a devaluation of the assets of the company to make a buyout and some repayment of players more economically feasible for the buyer or were they just pissed off and failed to chose their words carefully?

  3. Hey Tao! Have you looked into the Poker Player Academy scam yet? Another hit on Pokers formerly clean slate(well reasonably). On top of that I can't believe anyone would want to buy a corrupt Company and invest millions of dollars! Its completely insane! Fold Shove Poker Blog

  4. @Dr Pauly. Ive been following you since your days on that podcast 10 years ago. I cant for the life of em rememebr the name, but it was the first time I heard that song form OAR. This was back when podcats actually had substance and worth listening to.

    Anyway, thought id share my comments with you and let you know that what your doing is good work