I'm long because of the leadership changes and the drop in share price.
So...because he gave gifts/loans to a governor friend, and is cooperating with the Fed's on the public official's case, you presume he's going to jail? My point of my inquiry was to see how far you would go on the speculative limb.
There appears to be some improprieties going on -- mostly 'favors' -- and that it was in JW's, STSI's, and shareholders best interests for him to step down, but if it is as bad as you speculate, why do you think Dr Mullan would have agreed to take over? Seems like he would have a lot more to lose than gain.
I'll retract my statement, calling JW brilliant for stepping down, and label it sensible. But I stand by it for getting Mullan as the new Chief. Fair enough?