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  #193  
Old 07-28-04, 06:00 PM
Nicole
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Why didn't he pay you back with the 80 grand? Because it's HIS money. Not Pokerspot's. HIS. He said that he would pay everyone back ONLY if he made so much that he could afford to, which I would say is pretty classy of him. Not many people would offer to pay back a $500,000 debt that isn't theirs with their own money.And why did he lie about what was happening at PokerSpot? He was trying to avoid a 1929 style crash. For those of you that don't know, banks don't actually have enough money to cover every deposit at all times. They usually have enough for everyone who wants to withdraw, but if everyone withdraws at once (like in 1929) they have a BIG problem. That being said, the only hope for Dutch's company was to get the money out of Net Pro Ltd. before the mass panic and withdrawl. As it obviously turned out, he couldn't, but telling white lies to ward off mass panic was the best way to handle the situation.And just a note: Dutch won his seat into the WSOP, and certainly didn't enter all the events... so kept most of that 80 grand.