mretgnol, Yes Houser did a pipe financing, but no sooner was the ink dry, that he discovered it was a bad deal. How was he to back out at that point?
Mr. Houser "may" have claimed he started the investigation, which I too believe to be false, but I do believe once he realized what
Turino and the others were up to, he started supplying the SEC/DOJ with any info he could provide. He was in my mind, instrumental in providing info, That was very helpful.
As for Leslie Hakala, she proved to be a limp fish right from the word GO.
The SEC never seems to come to the rescue until everybody has lost their investment, and their half azzed attempts to fix the corruption that still infects the markets, is still ongoing.
I agree with most of what you say, but I still believe Houser is being tarred and feather unjustly.
I hope we will see the truth once Turino/Edwards and the share structure at BMCS is ratified.
IMHO
yak