Jay C said:
There would not have been a domino effect if they hadn't dipped into customer funds. I used to have a copy of their anuual report from 1995. According to that filing with the SEC, they were solvent. Accoding to that document they had more money on hand then customer deposits. Somewhere between then and when they closed up they dipped into customer funds.
Jay C, you just said something that baffles me , you conceded that they were not a stiff shop, and they were not.
Listen for all the people thats talking u for one should not be. Do you not see what happened to you???????????
Listen, no one could believe the effect that had.
When the press, and you know how they are, started talking, (half truths and lies)
and everyone gets all panicky , Jay C please use some God given common sense, EVERYONE, and I mean EVERYONE was acting different.
The players heard that the US had some files on all the players, so duh, people went bezerk, I believe the employees got quite a few calls and took more calls than wagers on the whole debacle.
The banks was on scrutiny, (they did biz with the US and to this day still scared of books).
everyone and I mean everyone in every facet of the work and suppliers advertisers, marketing, the stock market you name it, it was bigger than you can imagine.
the struggle and work these early books put in is unbelievable in Antigua, and other countries in the EARLY days was unbelievable, you have absolutley no idea.
YOU came in when most of the real hard work was done.
and should give credit and not criticize, they started from two or three small computers a desk and balls and NO customers and took it to $50 million a year (handle) and was growing very, very fast.
Unfortunately, most people hear the $50 million and dont realize the (handle) part of it, so think you're making $50 miliion, but the fact is they came from so little to being so large.
and BEFORE, I cannot say it again, but BEFORE the FBI/US stuff, no one had problems receiving their monies. Not once.
But, please, please dont go puffing your chest and calling names to these books, because you NEVER, ever in your thoughts would believe what could happen in business, whether its bookmaking or sellig from the hot dog stand, live and let live. dont try to put anyone down.
But, there are some ou there that jumped on the band wagon and looked to steal opened shop, took deposits and ran, so are the clients who are bonus whores, and do other scamming stuff.
Dont try to be JESUS and MOSES and u are not.
like I said before if you were an even and fair shop, you would have even wagers,
50 to win 50
no 120/100 no minus this and that just even all around.
You're a smart guy, you see and know that the book has the better odds thats why you jumped on the band wagon.
Anyway, God bless you, your family and friends, dont mess up your probation stuff dude, just chill n be happy its not 5 or 10 years.
Please watch CNN and see whats happening, no rule, congress, constitution, allies, WTO, etc can return life to the kids dying in IRAQ even after no WMD were found.
So, remember
ANYTHNG CAN HAPPEN no matter what we think is just or not
ffice
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