World Poker Tour CFO Faces Tough Choices

Just in time to welcome him to his new job with the World Poker Tour, the new CFO, or Chief Financial Officer, has to face the possibility that his company will be removed from the listing on NASDAQ. Thomas Flahie faces this challenge thanks to the drop in shares below one dollar, the minimum for listing on NASDAQ. Flahie’s experience in previous roles as CFO for Intermix Media, which runs the website MySpace, should prove invaluable to his new role…

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Poker slang:

TOP TWO PAIR - In flop games, having hole cards that make the highest possible two pair hand.
SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
BOAT - A FULL HOUSE, three of a kind and a pair.
RAIL - A barrier dividing the card playing area from a public area.
WHITE BLACKBIRD - A hand so astonishingly rare as to be unworthy of the opponents' consideration, e.g., being dealt a pat royal flush in 5-card draw.
BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.

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