Losing a game of credit card roullette and subsequently running out of the bar without paying for the round of drinks.
Brandon: Hey, did you hear what happened at Professor Thom's last night?
Fatuous: Fratting?
Brandon: No, Silv's camp friend from Saginaw MortFish tried pulling a Paul.
Fatuous: What happened?
Brandon: We took away his canteen.
You: I spent so much money on drinks tonight!
Friend: how much?
You: like $300 Friend: just for you?!
You: yeah...
Friend: You were pulling a Paul dude!
Going to Waffle House or a similar establishment during the day or completely sober. This typically is a sign a person is completely insane or very old.
Jake: I saw John last night Pulling a Paul at Waffle House!
Gino: Hahaha, that's funny, but why were you at Waffle House last night?