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To: L.N. Smithee
Well, how about some of his initial statements such as

////Reached by NEWSWEEK, Bennett acknowledged he gambles but not that he has ended up behind. “Over 10 years, I’d say I’ve come out pretty close to even,” Bennett says, though he wouldn’t discuss any specific figures. ////


http://www.msnbc.com/news/908430.asp

////Some of Bennett’s losses have been substantial. According to one casino source, on July 12 of last year, Bennett lost $340,000 at Caesars in Atlantic City, and on April 5 and 6 of 2003 he lost more than $500,000 at the Bellagio in Las Vegas. Some casino estimates put his total losses over the past decade at more than $8 million.////

////But during the 18-month period, the documents show, there were only a few occasions when Bennett turned in chips—worth about $30,000 or $40,000—at the end of an evening. Most of the time, he drew down his line of credit, often substantially./////

He wagered millions of dollars on video poker and slot machines, claims he didn't lose money when all the evidence and a near mathmatical certainty would suggest otherwise...., I'd call his absurd statement a lie.
43 posted on 07/31/2003 4:54:47 AM PDT by Diverdogz
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To: Diverdogz
He wagered millions of dollars on video poker and slot machines, claims he didn't lose money when all the evidence and a near mathmatical certainty would suggest otherwise...., I'd call his absurd statement a lie.

He didn't say he didn't lose money, he said “Over 10 years, I’d say I’ve come out pretty close to even.”

He also said: "A lot of what they put out was inaccurate - about losing $8 million and all that. There's no way that happened."

You can call it a lie if you want. First Amendment, yada yada yada. You can call it hypocrisy, too. Everyone seems to want to redefine words to fit their agenda nowadays.

55 posted on 07/31/2003 5:28:48 AM PDT by L.N. Smithee (Just because I don't think like you doesn't mean I don't think for myself)
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To: Diverdogz
Of course, he may end up recouping a lot of it over the litigation over what looks to be a major set of violations of the Fair Credit Reporting Act.
57 posted on 07/31/2003 5:30:33 AM PDT by Chancellor Palpatine
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To: Diverdogz
>"claims he didn't lose money..."

No, he claims he came out close to even.

>"...when all the evidence and a near mathmatical certainty would suggest otherwise"

On the contrary, the mathematics just about guarantees he is telling the truth.

>"Some casino estimates put his total losses over the past decade at more than $8 million."

Even if true, if is total winnings were $7.5 million then he would be close to even, no?
($500,000 net loss) /($8m + $7.5m)= 3.2% net loss.
Very close to even. I wish my growth mutual fund I bought a few years ago was that close to even.

How can you say he is lying without even figuring in his total winnings?



133 posted on 07/31/2003 9:42:57 AM PDT by On the Road to Serfdom
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