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The Lederer Files

bearlytherbearlyther Member Posts: 1,757
edited September 2012 in Poker Chat
Howard Lederer has done his first interview since black friday and the video is being released today.  I cant wait to hear this.  He was interviewed in the Palazzo Las Vegas im surprised he was allowed to show his face there with out getting shot!  Theve done it in a 7 hour interview and will be released in a series of episodes.  Parts 1 and 2 are both being released today at some stage. 

Edit: Hi bearlythe  Links to other Poker related sites are not permitted on the forum.  I have removed the link but left the post.  

Mod_JOCKBMW

Comments

  • GaryQQQGaryQQQ Member Posts: 6,804
    edited September 2012
    I saw part 1 on earlier, while it was briefly available. Not much substance really, no big revelations, I assume that's all to follow.

    Part 1 is mainly about the company formation and early days. Lederer says the only board member who was strongly opposed to the large disbursements was Chris Ferguson. Lederer claims he lost touch with the day-to-day running of the company when it moved to Dublin. He also said the board only really considered themselves a panel of advisors, not qualified professional board members like those at other large companies like Apple. He says the board never arranged any external audits of figures given to them by the Full Tilt management.

    It seems to me the picture he's starting to paint is that he and his fellow the board members were misled and weren't responsible for the big failures.

    Edit; It's now live on Youtube again
  • ArkhamCityArkhamCity Member Posts: 19
    edited September 2012
    This is going to be good. Wonder what excuses he will come up with for getting a massive pay check monthly and leaving the player balances unprotected.
  • TommyDTommyD Member Posts: 4,389
    edited September 2012
    It sounds like the cliffs will be 'Blame Ray.'
  • FlyingDaggFlyingDagg Member Posts: 4,146
    edited September 2012
    I read the other day that between 2006 and 2011 $44million was paid into his accounts. This included payments made after Black Friday. I wonder how he is going to justify that?
  • GaryQQQGaryQQQ Member Posts: 6,804
    edited September 2012
    Parts 1 & 2 are both on Youtube now, easily found, I believe there are about 6 parts in total. So far no admittance that he's done anything wrong, Lederer repeatedly claims not to have known about things.
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