Word: maining
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Begleiter, 47, earned his way to the final table for the World Series of Poker's Main Event beginning Nov. 7 at the Rio Hotel. To get there he had to outlast all but eight others in a field of 6,494 in play over the summer. He's already won nearly $1.3 million (as has each finalist) and is shooting for the top prize: an additional $7.2 million. (See the financial crisis after one year...
...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...
...years ago Bob Slezak, the former chief financial officer of brokerage TD Ameritrade, finished 15th in the Main Event and a year earlier hedge-fund operator David Einhorn placed 18th. Bill Chen, an arbitrage expert at options-trading firm Susquehanna International Group, has won a couple of big-money tournaments and has been cited in at least one book for his "Chen formula" for winning at Texas Hold 'Em. Don't ask; Google it. (Read "What's Still Wrong with Wall Street...
...demise of Bears Stearns marked the rise of Begs the poker player. After the firm was sold to JPMorgan in March of 2008, Begleiter was without work and looking for someplace to let off steam. "I decided what the heck," he recalls. "I'm going to play the Main Event...
...that light, the main legitimacy problem with the August vote was not the 1 million-plus fake votes that were cast mostly for Karzai but the 12 million-plus votes claimed by the Taliban. No one actually voted for the Taliban, of course, and its call for a boycott of the poll was enforced by threat of death. But whether out of fear, political choice or sheer indifference, 12 million voters - representing 70% of the electorate, compared with just 30% in 2004 - stayed away from the ballot stations. A runoff election was expected to see an even smaller turnout...