I believe Madoff proved you can scam even intelligent wealthy people. I think Bordynuik did that to Heddle at first. Then once scammed Heddle figured he was smart enough to get himself all his $$ back. But deep down Heddle also has an unsavory dishonest trait so he hasn't been immune to working in conjunction with Bordynuik or making shifty moves himself. And from all accounts he has a gigantic ego.....and that won't let him walk away. He still thinks he can turn this POS into a success and get his $$ back and there is nobody else that can....so he hangs onto the barely smoldering ruins .
You'd think with all the federal and provincial tax dollars being injected into his shipyards that the local media would do a background check on his financial dealings, particularly being involved with a company that has been civilly convicted of fraud in the USA and in Ontario. Have those levels of government done their due diligence?
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