Lederer Blast Ivey And Others For Full Tilt Woes

Lederer Blast Ivey And Others For Full Tilt WoesFull Tilt Poker director Howard Lederer has been speaking out recently to PokerNews in a seven hour interview dubbed ‘The Lederer Files.’ In addition to defending the actions of his fellow board member Chris Ferguson, Lederer then went on throw CEO Ray Bitar under a bus, effectively labeling him incompetent and unqualified.
In the latest installment from his video interview, Howard Lederer has now directed some of the blame for Full Tilt’s failings at the door of Phil Ivey, whom he claims jeopardized the company’s precarious situation further by his $150 million lawsuit.
“He wasn’t speaking out for anybody except himself. He had a moral obligation to the poker community to do everything he could to, at the very least, not damage the company he had greatly profited from..The lawsuit was absurd.”
Lederer then goes on to explain Ivey’s actions scuppered any attempts to do a deal to bail out Full Tilt and effectively quickened the site’s demise. In addition, a whole slew of other pros have received criticism from Lederer for not returning their loans after Full Tilt’s enormous cash shortfall was discovered. As Lederer goes on to explain:
“We got a lot of resistance. As of the end of May 2011, the only member who paid back what he owed the company was me. I owed the company $700,000 and I paid it in late May.”
As well as blasting Phil Ivey, John Juanda, Ray Bitar and David Oppenheim for not paying up,  Erick Lindgren also receives particularly criticism for not returning a $2 million loan he was “mistakenly sent twice for a total of $4 million.”
With a few more installments of the Lederer files to run, the poker community has actively been analyzing Howard Lederer’s take on the Full Tilt fiasco and criticizing his selective memories of events. Others have also questioned Lederer’s attempt to present himself as an innocent party, with US pro Tony Dunst commenting:
“In ‘The Lederer Files’, Howard Lederer chronicles his transformation from pretentious know-it-all to highly convenient know-nothing.”

Other news:   Multi-state online poker compact bill introduced in Pennsylvania

Poker News
Online Poker Cheats Able To See Opponent's Cards Using Netbot Attacker
10 Oct 2019
Poker social media and news sites has been a buzz all week with reports of high-profile cheating by poker pro Mike Postle on the Stones Gambling Hall live streamed game, Stone Live. The accusations were taken up a notch yesterday after a lawsuit was filed against Postle and a list co-conspirators. The lawsuit was filed
Gordon Vayo Suing PokerStars Over $700k in Unpaid SCOOP Winnings
09 May 2018
Last May, Gordon Vayo won a PokerStars Spring Championship of Online Poker Tournament Series (SCOOP) event for $692,461, but the US pro has still yet to collect his money after the operator claimed that he had violated the country’s law by playing from within the US. As a result, Vayo has now filed a lawsuit
09 May 2018
One of the stories to emerge from the 2017 World Series of Poker had nothing to do with winning a coveted gold bracelet, but instead involved a multi-million dollar dispute between King’s Casino owner Leon Tsoukernik and Aussie poker pro Matt Kirk, with the latter accusing the former of stiffing him out of $2 million
26 Feb 2018
Almost eight months after a bad beat jackpot was triggered at the Red Rock Casino in Las Vegas, the players are finally set to receive their payouts following a positive judgement issued by the Nevada Gaming Control Board (NGCB). Since last July, the Red Rock Casino had refused to pay the $120,000 jackpot, claiming that