JSTAT talks blackjack, poker, Caesars Entertainment corruption, and more

Moviemakerjjcasino's JSTAT discusses card counting at blackjack, his poker play, and California's public employees' pension systems CalPERS/CalSTRS involvement with the shady private equity purchase of Harrah's (now Caesars Entertainment Corporation) in 2008. And more!

Cliffs: Harrah's/Caesars Entertainment deal in 2008 was bought and paid for by teachers and public employees through Apollo Management. In a civil complaint filed by California's Attorney General (Jerry) Edmund G Brown (now Governor) against Apollo Management's fall guys in 2010. Apollo Management's CEO Leon Black is cited all over the indictment, but nothing sticks to "Teflon Leon." The money invested from CalPERS/CalSTRS was bundled into the Harrah's/Caesars Entertainment (Hamlet Holdings) buyout in Jan. 2008. Apollo Investment Fund L.P. VI and the 10% ownership of Apollo Management by California's public pension funds assisted in buying Harrah's. Our taxes in California also supported this $10 billion Caesars Entertainment loss so far.

Category:

Entertainment

Tags:

• Card counting
• blackjack
• Texas Hold'em
• Greece
• Apollo Management
• Leon Black
• CalSTRS
• CalPERS
• teachers
• Harrah's
• Gary Loveman
• TPG Capital
• Alfred Villalobos
• Mike Matusow
• USPS

[robertlbeukema]

I was excited to see this until I heard the morning show guys talking...and talking...and talking....and talking so I had to turn it off. Very cool Vegas photos!