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  7-Apr-12, 17:41   #1
will FTP pay interest? 0 
GomerAssassi 
Joined: Jul '11
Location: Canada
Age: 41 (M)
Posts: 151
just thought that they have been holding everyone's money for over a year now..don't ya think that some interest should be paid on that?

hahaha

good luck on getting your money back guys...hope all goes well.

peace.

     
  7-Apr-12, 17:50   #2
  0 
SuperNoob 

Joined: May '09
Location: India
Age: 30 (M)
Posts: 4873
lederer and ferguson and DOJ hav major part of that money, so that answers ur question i guess Blink

     
  8-Apr-12, 15:40   #3
  0 
gymmy999 

Joined: Mar '12
Location: Romania
Age: 27 (M)
Posts: 96
I don' t think the owners of full tilt keep the player's money...I have read on many forums that all us player's money were confiscated by us goverment..it stands to full tilt now to pay its debts to the players..but i don't think thiss is gonna happend very soon..it won't happen at all perhaps..in my oppinion they have ro pay the players befor the grand opening would be a great move ...good luck to all the playerS that have money to get from them

     
  8-Apr-12, 20:12   #4
  0 
bullettooth1 

Joined: Mar '11
Location: United Kingdom
Age: 32 (M)
Posts: 1635
the main reason why ftp got shut down in the first place is because they never kept the players' money in the ftp account. those at the top took the majority of it. so there was no money to earn interest on.

so i think people will be happy just to get what they had on there back. i know i will.

oh i wonder if i will get my baseball cap i won playing the fantasy wsop. hehe

     
  9-Apr-12, 06:51   #5
  0 
retribution 

Joined: Mar '11
Location: Canada
Age: 37 (M)
Posts: 1490
Yeah, while interest definitely WOULD be appreciated, and the right thing to do, I think most players will just be happy to see their balance again.

Can't even begin to think what the interest would even be. Assume 80 million USD, compounded monthly at whatever prime interest rates are. Even at 1%, that's about 800k USD approximately, plus compound interest. I'd say at least 14M in interest owed to players. And that's at 1%, whereas likely the interest rate is MUCH higher.

     
  9-Apr-12, 06:55   #6
  0 
GeneYuss 

Joined: Jan '08
Location: Canada
Age: 29 (M)
Posts: 2693
I don't think you would get interest, lucky just to get your money Smile By, the way, is everyone's cashout on hold or just people from US?

     
  9-Apr-12, 07:21   #7
  0 
bullettooth1 

Joined: Mar '11
Location: United Kingdom
Age: 32 (M)
Posts: 1635
im definately NOT cashing out. i cant wait to play there again. its by far the best online poker site.

hurry up ang get back online ftp hehe Big Smile

     
  10-Apr-12, 02:35   #8
  0 
GIOMi6 

Joined: Feb '10
Location: Suriname
Age: 39 (M)
Posts: 1189
You will not receive interest on your money, they will only pay you a fraction of your money, but not the whole bankroll, so interest is out of the question in my opinion.

     
  10-Apr-12, 06:15   #9
  0 
magatt966 

Joined: Jan '09
Location: Italy
Age: 46 (M)
Posts: 3713
Posted by GIOMi6:
You will not receive interest on your money, they will only pay you a fraction of your money, but not the whole bankroll, so interest is out of the question in my opinion.


sad but likely Sleepy

     
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