Thursday July 25,2013 : TOP BUSINESSMEN PLAY POKER FOR CHARITY
Wall Street aces joined by poker professionals
The 4th Annual Take Em To School charity poker tournament took place in New York City on Tuesday night, pulling in major Wall Street financial wizards, sports and other celebs and poker professionals.
Familiar World Series of Poker names like billionaire businessman David Einhorn were joined by poker professionals Olivier Busquet, former Wall Street trader Andy Frankenberger and Erik Seidel – all with bounties on their heads to add to the fun and competition in the $1,000 buy-in event, designed to raise funds for education charity Education Reform Now.
250 players ponied up the buy-in to compete, but after six hours of action it was once-a-year player Paul Britton – CEO of Capstone Holdings group – who prevailed and was crowned winner and recipient of a seat at the 2014 World Series of Poker tournament in Las Vegas.
“I was lucky, very lucky,” Britton told Bloomberg business news. “I only play poker one night a year — and it’s this tournament.”
Final tablers included business hotshots like Norman Lai (Omega Advisors); Ray Waterhouse (Magnitude Capital); David Marquart (First New York Securities); Raza Mujaba (Tricadia Capital); Oleg Nodelman, (EcoR1 Capital); and John Sabat (SAC), whilst politics was represented by New York State Senator Jeff Klein, who finished sixth.
Bloomberg notes that Klein supports intrastate legalization of online poker and campaigned for it recently in his state's 2013-14 budget proposal.