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Message: [QUOTE="dj11, post: 1959830, member: 13851"] The 'parts' are only for our convenience. The whole interview dealt with the process from discovery of some serious problems thru the sale to Stars. At no point did HL say "this is the seed of the problem", then describe that seed. He did describe a series of events experienced by a group of people who were sort of in way over their heads by the meteoric growth of the company. For the most part all of them were poker players and not Corporate Exec's experienced in growing a company responsibly. Many of the rumored big loans to insider players were not discussed in detail. HL touched on a few of them. And in general, the size of those loans does not match the rumors we were hearing about back then. The biggest problem (IMHO and extrapolated) was caused by the UIGEA and it's eventual effect on how FT collected money once players deposited. The perceived notion that all sites had to dodge things via payment processors made things difficult. Apparently depositing was also handed by processors and some honesty issues arose that was a direct result of the UIGEA rules. Again, much of that is my extrapolation of things as I see them, and is only my (now more) informed opinion. But, in defense of informed opinions, that is how court cases in front of juries are decided . Things at FT apparently, according to HL, got very tense and muddled early on after BF, and while he didn't say so explicitly, there was an inference about how that state of civility effected the events of those days. He did say that in his opinion, that civility had deteriorated to the point where little if anything could be agreed on. He did infer a damned lawyers attitude. [/QUOTE]

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