Bizbuyer, this is still a very broken company.  Reverting to the funding model that was their undoing.  That are doing so is evidence that they failed to replace the onerous HOOPP funding with something better.  

Jim Keohane is the villain in the piece one way or another.  That deal was the death-nail of the business.

Offering more money and using the free rider of CDIC is another lifeline.  And while the new crew is honest, I am not sure they are stellar.

There is still a real bailout in the offing.

I am not short the stock either, just an old finance guy who understands leveraged spread businesses.