Whats Moneymakers situation? - Page 4

bruceypants · #31 09-03-2006, 05:20 AM

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You're right, I had better stop. But do I have to give back the 80K I won at the series playing in those cash games? ;-)

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Wow! $80K over 3 weeks? That's only $920,000 less than aba made in a month. You are awesome.

I love the wink, too. It shows you are still down with the common man. See you in court.

Peter McDermott · #32 09-03-2006, 07:45 AM

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Wow! $80K over 3 weeks? That's only $920,000 less than Andy Beal made in an hour. You are awesome.

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FYP.

broiler · #33 09-03-2006, 08:14 AM

The point was that he was not a CPA and therefore could not go back to a good paying job. I was pointing out the fact that this could be proven with some simple research. I never made any statement about him as a person or any of his qualities.

Please crawl back into your hole now with your pointless post.

invisibleleadsoup · #34 09-03-2006, 08:28 AM

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doesn't play the high limits often but when he does he def. holds his own.

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When does this even mean?

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wtf?
is english your first language?

sng-sam · #35 09-03-2006, 09:57 AM

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Wow! $80K over 3 weeks? That's only $920,000 less than Andy Beal made in an hour. You are awesome.

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FYP.

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Is he that poker player with a million dollar bankroll?

SAM

MagCFO · #36 09-03-2006, 10:06 AM

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Perhaps he's one of the few smart tournament winners that doesn't think he's suddenly qualified to play in the biggest game going.

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Ding, Ding, Ding.

I know Chris a little, and he will tell you he doesn't think he is the best tournament player around.

I'm not sure why someone says "I hope he hasn't hit bottom again." He never hit bottom.

On his Late Night Show appearance after he won, he said 2 things. One, Dave asked him when did he know he was one of the best players in the world, Chris "I'll let you know when I think that." Second, Dave asked him if he was going to be a fulltime pro, Chris said "No."

Does anyone know how expensive it is to play the circuit? It's very expense and it would be very stupid for Chris to play every WPT event.

Chris is a nice guy, just making a living through sponsorship deals. He plays poker for fun, just like he did before he won the WSOP. Nothing wrong with that.

MagCFO · #37 09-03-2006, 11:31 AM

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The point was that he was not a CPA and therefore could not go back to a good paying job. I was pointing out the fact that this could be proven with some simple research. I never made any statement about him as a person or any of his qualities.

Please crawl back into your hole now with your pointless post.

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So you don't think Chris was making decent money as an "accountant"? Apparently you don't know how it works. Let me explain. I use to work for Arthur Andersen, then another firm after that. I also went to high school and college with Money.

When Arthur Andersen (or any other firm like Chris worked for) hires someone out of school, that person is not a CPA. That person still makes good money. It takes several years to get your CPA license. Some people do it faster than others, but the min is 2 years.

You know how much more a CPA vs a non-cpa at a big 4 accounting firm makes? ZERO. You know how much of a bonus you get for passing the CPA exam? About $1,000.

So my point is the your point about him not being able to go back to a "good paying job" because he's not a CPA is ignorant, quite frankly. You obviously don't know what you're talking about. You obviously don't know the business at all. Price Waterhouse would hire Chris tomorrow if he wanted to work there.

You can now climb back in your completely uniformed hole.

As you can tell, smartasses that come on the board and act like they know what they're talking about when they OBVIOUSLY don't, pisses me off.

boc4life · #38 09-03-2006, 11:46 AM

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The point was that he was not a CPA and therefore could not go back to a good paying job. I was pointing out the fact that this could be proven with some simple research. I never made any statement about him as a person or any of his qualities.

Please crawl back into your hole now with your pointless post.

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So you don't think Chris was making decent money as an "accountant"? Apparently you don't know how it works. Let me explain. I use to work for Arthur Andersen, then another firm after that. I also went to high school and college with Money.

When Arthur Andersen (or any other firm like Chris worked for) hires someone out of school, that person is not a CPA. That person still makes good money. It takes several years to get your CPA license. Some people do it faster than others, but the min is 2 years.

You know how much more a CPA vs a non-cpa at a big 4 accounting firm makes? ZERO. You know how much of a bonus you get for passing the CPA exam? About $1,000.

So my point is the your point about him not being able to go back to a "good paying job" because he's not a CPA is ignorant, quite frankly. You obviously don't know what you're talking about. You obviously don't know the business at all. Price Waterhouse would hire Chris tomorrow if he wanted to work there.

You can now climb back in your completely uniformed hole.

As you can tell, smartasses that come on the board and act like they know what they're talking about when they OBVIOUSLY don't, pisses me off.

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pwned

Greg (FossilMan) · #39 09-03-2006, 11:48 AM

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Wow! $80K over 3 weeks? That's only $920,000 less than aba made in a month.

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Who?

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You are awesome.

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Thanks!

Later, Greg Raymer (FossilMan)

broiler · #40 09-03-2006, 12:22 PM

I am much more informed than you know. You should do a little bit of research on the poster before you make ignorant claims. I live in the house of the informed on this topic. It is well known on these boards that I am a CPA and have been responding as such from my first post here.

My pay raise when I got licensed was $2500 and that was almost 6 years ago. At the end of that year, I was also promoted, solely on the basis of attaining my license, which is also the industry standard in my area. I can also guaranty you that I made more money than the non-CPAs at my level of the firm, since we do talk about those things.

I didn't say that he couldn't get a job at a Big 4 firm because they will take anybody with a degree at this point since all accounting firms are desperate for bodies. However, I stand by my claim that PWC would pay me substantially more than they would pay Moneymaker.

Please feel free to correct my "uniformed" opinion of the industry in which I work.

Some additional facts for you: the CPA license can be acquired after 1 year of audit work. It took me 1.5 years to have all of my time percentages work. The 1 year requirement requires a 5 year degree in NY. Some states required only the exam to be passed as recently as 10 years ago, but most have added the 5 years of education requirement, in addition to service requirements.

Let me know if you would like some additional lessons in how the accounting profession works today. Also, feel free to check my posts on taxation for accuracy, since you seem to know so much.