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Old 10-13-2006, 10:29 PM
bcubed72 bcubed72 is offline
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Join Date: Jul 2005
Posts: 306
Default Re: Betholdem won\'t give back your money

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They are a publically traded company and they had to freeze accounts until the US portion can be turned back into a private company. They have a committment to their shareholders which includes running what they see as a legal business.

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Because of the fact that all the sites willing to stick it out seem to be privately held...is it possible that institutional investors (IRAs, pension funds and the like) have a proviso that they cannot invest in companies that are in violation of law? Could that be a possible reason why they shut off US business? Maybe all thier big investors bailing out at once is scarier than losing the majority of their business?
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