well, if you are curious about what I "read" (and mind my reading can very from being accurate to inaccurate depending on the day) - the reasons for Mike quitting are at least 2 fold. One is that it would take a lot of effort and time to do all the paperwork, hire new poeple, etc etc, in the effort to change management. This is why that brought back Rufus and the old structure. To get things moving forward again. And mind you Mike does have an incentive to see this company succeed as if this fails he stands to lose money.
Another reason is that when he did look at the bonds, he saw some things that made him not 100% sure about the status/financing of them. And frankly he did not want to know and did not want to get into any sort of legal trouble just in case something was funny. Another reason why he left - to cover his own "you know what".
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