Biz

Andy Beal is Donald Trump's Benefactor

By Robert Wilonsky Tue., Jun. 16 2009 at 2:08 PM
Categories: Biz
andybeal.jpg
Andy Beal
Andy Beal's the Dallas banker most (in)famous for having single-handedly taken on the bestest of poker's best -- a so-called syndicate that included the likes of Chip Reese, Howard Lederer, Doyle Brunson and Jennifer Harmon -- back in 2001 in the Bellagio's high-stakes poker room. The subtitle of Michael Craig's riveting 2005 account of that kajillion-dollar showdown described it thusly: The Professor, the Banker, and the Suicide King: Inside the Richest Poker Game of All Time. But in 2006, Beal's love for the game got a kick in the pants courtesy one Phil Ivey, who, after a mere three days, wound up lifting from Beal's wallet, oh, $16 million, give or take.

All of which is a long way of saying Beal's not afraid of going all in with the lesser hand pre-flop. Which will come in handy, as The Associated Press reports Beal's pairing up with Donald Trump, who's attempting to snatch Trump Entertainment Resorts out of bankruptcy and the sweaty hands of other bondholders making their own offers. Notes the AP, Beal is "a close friend" of Trump's.

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