Where's Patent? (920 Views)
Posted by:
Mall (IP Logged)
Date: November 01, 2002 01:09AM
Up to now, I was following this pretty much the way I followed the unfolding of the Watergate scandal, but after hearing Weil, Pierce & the Co's mouthpiece, I feel sick. In my opinion, Weil still has very little idea what happened or why it happpened, & most of the call was devoted to either how this is going help the co going fwd or to figuring out if the costs associated with his & his co's incompetence can be passed on to others. Thanks to Jim for the link, & I strongly recommend that each of you listen to what Weil has to say before you write, call & email the new task force demanding that he & his co be replaced.
1. David: One of the things Weil claimed was that his co has no financial liability resulting from this. You're an attorney. You work for a casino. I need to understand why this would be so. Surely those that invest their money in a rigged contest have some rights & I for one would like to see them enforced. I would be willing to be lead plaintiff in a class action with the proceeds going to any worthy or maybe even any unworthy charity.
2. What happened in terms of responsibility is this. The system in use was adopted many yrs ago at a time when it would have been very expensive to transmit all selections prior to the 1st race. The cost of doing so today, & this has been true for many yrs, is, in Weil's words, "minor." In other words, nobody ever looked at or considered the question until what Weil is calling a "rogue software engineer" was caught changing the bets on the 1st four legs after the races were over. Everything you've read & heard about it being difficult or impossible to transmit this data may have been true at one time, but it is an excuse & a lie today, something which those using the excuse surely know. That may not include Weil. If some of you do listen in, try to count how many times Weil says the selection data is sent after the 5th leg. I lost count.
3. Weil says his co's detection system "worked & worked fairly quickly." The ultimate joke & the ultimate insult, but he's apparently too thick headed to see what's coming. It's clear from the audio that there was a similar call on Tues of this week, & that Weil & Pierce, ala Groth, spent the entire time saying that nothing was amiss because the bet was placed on time. In other words, the possibility of inside help is something which did not occur to him, his dimwitted president, or his oddly named general counsel. Weil claimed today that his co would have eventially picked up what happened, but "not as quickly." Of course, none of the buddy, buddy analysts who asked questions bothered to inquire as to whether this meant yrs, decades, centuries, or what. At this pt, is there anyone who would be willing to bet me at even money odds that this didn't happen before and/or that the kids who pulled it off won't be singing & Weill won't be eating his words before long? If so, listen in & you'll change your mind before the call is completed.
4. Pierce has already talked to Gallagher, who was described as supportive & sympathetic, at the NYRA & Weil didn't waste any time going straight to the top. Dinny is said to have described the antiquated system Weil was & still is using as an "accident waiting to happen." The solution? What else, yet another new task force, to which Weil & his cronies have already been extended invitations. Well, that has certainly worked well in dealing with the drug & other scandals, so I for one am willing to say that this problem is as good as solved.
5. The co. lawyer says that the tracks have long term contracts which cannot be cancelled under these circumstances. It's nothing more than a hunch, & one would obviously need to study the language in some detail, but my guess is that he knows as much about contract law & how litigation works as Weill knows about how the pk 6 & his co works, but there is virtually no chance that those in charge are willing, or even know how, to play hardball.
6. Keep in mind that none of this even applies to Amtote, which handled what now seem likely to have been fix sixes on 8/4 & 8/17. So we can all look fwd to a new cast of "rogues" & a new batch of lame excuses & incompetence & who knows, maybe a link with Derrick & his friend.
Enough is enough. For many yrs,I made as much or more betting college football, even though it was boring. At least most of their games are honest contests. Someone let me know when it's safe to wade back into the pool.