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#1
11-09-2007, 08:10 PM
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Re: Latest AP press release
[ QUOTE ]
[ QUOTE ] The ongoing, and apparently increasing, opacity of their corprate structure is one of the most worrisome aspects of this whole thing, imo. [/ QUOTE ] Well, I don't know. I would guess it's the way it is so that American citizens can control Absolute while not technically owning it, with the goal that they don't get arrested when they step on American soil. If you consider it worrisome that they want to evade or work around the UIGEA, then fine. But I doubt the opacity of their structure indicates anything more than that. [/ QUOTE ] the word of the day for you is accountability. Imagine running a billion dollar buisness and answering to nobody. This isn't an "American citizen" ideal, it's f'ing logic 101. 
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#2
11-10-2007, 11:35 AM
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Re: Latest AP press release
[ QUOTE ]
[ QUOTE ] [ QUOTE ] The ongoing, and apparently increasing, opacity of their corprate structure is one of the most worrisome aspects of this whole thing, imo. [/ QUOTE ] Well, I don't know. I would guess it's the way it is so that American citizens can control Absolute while not technically owning it, with the goal that they don't get arrested when they step on American soil. If you consider it worrisome that they want to evade or work around the UIGEA, then fine. But I doubt the opacity of their structure indicates anything more than that. [/ QUOTE ] the word of the day for you is accountability. Imagine running a billion dollar buisness and answering to nobody. This isn't an "American citizen" ideal, it's f'ing logic 101. [/ QUOTE ] The opacity of AP's organizational structure is one of the least worrying things about this whole affair. The people who run the business are accountable to whoever they agreed to be accountable to when they started it, and that's the same whether they have 10 entities or one.
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#3
11-10-2007, 02:23 PM
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Re: Latest AP press release
Bobman,
The opacity of Absoloot's ownership structure would not be a problem if they weren't lying, swindling thieves. But they are, so it is. And don't forget: plenty of 'second-tier' people covered for them too (maybe out of fear of being fired, maybe for a nice bonus in their monthly - who knows?). The name of Absolute Poker is hanging over the entire industry like a bad smell. More NON-poker-playing people have heard about the scandal than poker players - and every day that number increases. Think any of those people will ever try online poker now? All AP has ever admitted to is that which they could no longer deny. Their twisting, turning, weasel-worded statements have been carefully designed to mesh with the known facts without giving anything else away. Even the latest claim that 'everyone has been refunded' has been exposed as yet more spectacular bullsh*t. They can't stop. AP has been shown - repeatedly - to be run by liars, cheats and criminals. Now those same people are promising to be good from now on, but nobody will ever know for sure. We will just have to take their word for it - and hope they stop deleting all those incriminating hand histories... Absoloot has made its mark on poker history. It won't wash off.
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