Word: gaming
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Dates: during 2000-2009
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Steven Begleiter isn't the only Wall Streeter to have hit pay dirt at the poker tables in Las Vegas. But he might become the first to claim the game's biggest prize - and in an odd way he owes it all to his former employer, the collapsed investment house Bear Stearns...
...time poker has had its share of successful amateurs in recent years, some of them simple garage gamblers with a dream of getting in a high-stakes game and, when they finally do, riding good cards and tight play to a money finish. Indeed, the current chips leader in this event (with 58.9 million chips) is Darvin Moon, 45, an honest-to-god logger from Maryland. (Read "The New King of Poker...
...Begleiter represents a different sort of recreational player that is taking to the game in increasing numbers; players with a mathematical mind, focus, drive and a keen sense of risk honed in professions like academia, the law or finance. These hobbyist bounty hunters were bound to start showing up at the Main Event, where the game's popularity has pushed up the stakes nine-fold over the past decade - a period that has seen folks with a knack for numbers, like math whiz Chris Ferguson and accountant Chris Moneymaker, claim mountainous paydays...
...when [News Corp. CEO Rupert] Murdoch bought MySpace - and it's rumored Tom Freston lost his job [as Viacom CEO] over not buying it - everyone talked about MySpace and how smart that was. But several weeks apart from MySpace News Corp. spent even more money on an Internet game company called IGN that nobody's ever heard of since. If you only count the ones that look successful it's easy to be a genius. But unfortunately the shareholders are stuck with the unsuccessful ones as well...
...Murphy said. “It’s great because the JV played [Friday]. Any time you can get guys in, it’s great. It’s great...to get some guys you don’t want to get dinged up out of the game, but it’s even better to get some young guys out there playing a varsity game in Harvard Stadium...