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aucu

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Posts posted by aucu

  1. standard legal manuever for potential future civil litigation. akin to pleading "no contest" vs "not guilty" in some states. it means you're not admitting guilt to any wrongdoing, you just can't beat the evidence against you. it's the same thing banks and large companies do when the gov't slaps their wrist for money laundering or polluting.

     

    Seems like the mathematically correct thing to do.

  2. actually if you're house is underwater - you just give it back to the bank - that's how collateral works

     

    not that EL had any kind of collateral deal with his FTP shares but if people gave him credit because - hey he has 3% of full tilt - they made a bad decision too

     

    doesn't clear EL just saying

     

    still sounds like Bob was trying to shear EL but wound up sort of skinning him instead - as amarillo slim would say

     

     

    Guys like EL in the poker world and more so for those cashing in on "poker celebrity" are only as good as their word and their name. There are known to lend each other a lot informally, if he welches there is nothing to re-possess but they will not be in line for any endorsement deals ever again unless they make good on what they owe and not getting out of it through some legal maneuver.

     

    It seems like EL possibly could be a profitable mid-lever grinder on the tables but unless he has a few big scores in tournaments the lime light is gone.

  3. took EUGENE for this

     

     

     

    Hello aucu,

     

    Congratulations, you're a winner in the PCA Team PokerStars Last Longer Promotion!

     

    Your selection, Eugene Katchalov, is the last man standing of the 15 Team Pro players included in the promotion. He's still going strong with 59 players left in the PCA Main Event. You can follow the events unfolding in the Bahamas on the PokerStars Blog.

     

    Your prize money has now been credited to your account. To verify the amount, please visit the 'History' section of the cashier. Your prize will show as an admin credit.

     

    Thanks you for participating in this promotion, and good luck at the tables.

     

    Regards,

     

    Bob

    PokerStars Marketing

  4. after some more thought, I think gold probably stays put until the fed makes the transition from easy to tight. vast numbers of people bought it assuming the QEs would create instant inflation. look out below if it doesn't happen.

     

    I fully expect gold to go down when interest rates go up, but the FED has now said it will keep interest rates down until unemployment drops say in 2 years? Imagine if interest rates were back to a historic norm of 4-5% interest payments on the $16.4 Trillion would explode which has to be a factor in keeping them down as long as they can.

     

    The fiscal cliff really looked like a bit like a canard, taxes have to go up and spending down, they have to sort it out and all they got was a modest tax increase and nothing on the expenditure side.

  5. Can't feel any more sorry for him than the thousands of others destroyed by gambling, and it does make me sick because I see a lot of people throw their lives away like this over the years,

     

    Just because he was a "golden boy" and fell from great heights doesn't change things much,

     

    It still seems galling that he still has the arrogance to think that he can still bet sports and possibly screw Voulgaris out of the money he owes him by paying him last.

     

    If he hasn't been humbled by now there may be no hope for him.

     

    Still I wish him the best at getting out of the hole.

  6. after this week, I have to wonder what scary monsters are left to keep gold retail going.

     

    I'm still happy where the price of gold is, why was this week particularly bad, POG is only down $8?

    From it's 2012 peak of $1781 gold is down only 8%

     

    2013 could be interesting, Even if gold goes down to $1000 I'm good but I can't see gold going below than say $1400 but the market can be irrational.

     

    If gold does go down significantly I might consider holding on to some.

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