There seems to be little hope in the face of such coordination, particularly when Co's like LTF are offering such blatant examples of fraud that involve banks, of all parties, thereby offering all the ammunition required to separate investors from their shares.
Piper and PWC may eventually clear CCME, but it seems this sector will take years to recover. CCME could go private $4 a share or less and all the stranded longs would take what they can get.
From CCME's perspective this assault came from overseas, so if shareholders want to take action and recover losses they should go after those foreigners that launched this attack on the co. Even if the forensic audit goes as any remaining longs hope, I don't see much light at the end of this.
