Little by little, the poker world is infiltrating the "real" world and the names and faces that are well known to those of us who follow poker are getting their 15 minutes outside the poker world.
There was Phil Hellmuth on the finale of Season One of Top Chef, Jean-Robert Bellande on Survivor-China, Daniel Negreanu on Rob and Amber-Against the Odds (okay, so only I saw that), Johnny Chan in "Rounders," and the poker pros hiding behind aliases in the recent movie "Lucky You."
Now, three more poker pros are stretching their notoriety beyond the felt -- but only two can be happy about it.
First up is the ever lovely Vanessa Rousso, she of the long blond locks and zip lining commercial for PokerStars. Now, Ms. Rousso is not just another pretty face. She was her high school valedictorian, graduated early from Duke and went on to law school. She's had seven money finishes in the WSOP and just missed a WPT final table.
But this month she is will be seen by millions in the pages of the 2009 Sports Illustrated Swimsuit Edition. That should dispel the myth that only middle aged, cigar chomping men and pimply faced computer nerds play poker.
Then there is Annie Duke. She, too, is no academic slouch, having graduated from Columbia undergrad and then going on to grad school at Penn. She is also a WSOP bracelet winner for Omaha 8/b (one of the most frustratingly confounding games out there) as well as the winner of the first WSOP Tournament of Champions.
Duke has had two prior small appearance on civilian -- i.e., non-poker -- TV game shows, once as a member of the "mob" on 1 v. 100 and the other time as a supporter on Deal or No Deal.
But she'll be getting a lot more face time in her next television venture. Duke is scheduled to be on this season's Celebrity Apprentice, fighting it out with the usual bizarre array of people from faux celebrities (Kim Kardashian's sister) to those with real accomplishments (Olympic skater Scott Hamilton). With her smarts and savvy, and her experience in a predominantly male environment, Duke is expected to do very well and gather some new fans along the way.
But the last poker pro to cross over to the mainstream would just as well remain anonymous. Lyle Berman, the 3-time bracelet winner, inductee in the Poker Hall of Fame, and former owner of the Vegas Stratosphere found himself on a list none of us would want to be on. The Bernie Madoff client list. He's in good company, sharing a spot with Sandy Koufax and Jeffrey Katzenberg.
According to reports, Berman invested in two Madoff-controlled funds, but the amount of his losses has not been reported. Berman was interviewed after his name was made public and told reporters for the StarTribune, "I heard about Madoff 25 years ago from some friends in California and decided to give him a try." Reflecting on the nature of the "investment," Berman added. "It worked out fine for quite a while."
Sadly, that is exactly how schemes such as Madoff's work out. Fine, until the fraud is discovered. And then it all comes crashing down. For someone who makes his living reading people, being caught up in such a large scale scam must have been a shock to Berman. But he certainly wasn't alone.
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Showing posts with label Madoff. Show all posts
Showing posts with label Madoff. Show all posts
Thursday, February 12, 2009
Poker entering the mainstream
Wednesday, January 14, 2009
Madoff Still Out on Bail?
US prosecutors head back to court to once again try to get Bernie Madoff sent to jail pending trial. To this point, he has been on home arrest at his multimillion dollar Manhattan apartment. Proving once again the fairness of the criminal justice system.
Despite already violating the court order freezing his assets by sending luxury watches and jewelry to friends and family and having 100 signed checks worth $173 million in his desk ready to be sent, Madoff has been treated like a king -- and not an accused thief -- by federal magistrate Ronald Ellis.
Another judge has the chance to do the right thing and put Madoff where he belongs, where anyone accused of stealing a fraction of the alleged $50,000,000 would be. We'll find out any minute...but it doesn't look promising.
Despite already violating the court order freezing his assets by sending luxury watches and jewelry to friends and family and having 100 signed checks worth $173 million in his desk ready to be sent, Madoff has been treated like a king -- and not an accused thief -- by federal magistrate Ronald Ellis.
Another judge has the chance to do the right thing and put Madoff where he belongs, where anyone accused of stealing a fraction of the alleged $50,000,000 would be. We'll find out any minute...but it doesn't look promising.
Tuesday, December 16, 2008
Red Flag Anyone?
So I was looking back at some of the things written about Bernard Madoff before the recent revelation of his super-extraordinary Ponzi Scheme and found this excerpt from Trading & Exchanges by Larry Harris, published in 2002:
"Many institutional traders would like to trade with Madoff in order to access the liquidity that its dealers offer. [Madoff's] firm, however, will not accept them as clients unless it is convinced that they are generally uninformed traders."
Well, no kidding.
"Many institutional traders would like to trade with Madoff in order to access the liquidity that its dealers offer. [Madoff's] firm, however, will not accept them as clients unless it is convinced that they are generally uninformed traders."
Well, no kidding.
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