Now, rather than respond at length to each individual e-mail regarding the flameout of the internet-radio venture, my thoughts follow.

I feel for the youngsters who did not know better (even the guys I warned, personally, that this appeared too good to be true in a time of historic fiscal contraction). I have little sympathy for experienced, major-market veterans who showed poor judgement and made unwise professional choices.

The SEC charges are civil, not criminal. There can be assets frozen and fines levied as a result of it, but the real story now is the ensuing FBI investigation. It is rare that the feds execute raids, grabbing files and computers from offices, etc., if no indictments are to follow. Once depositions and testimony begin, we will begin to answer the key question — an answer forced by investigators — guilty, or stupid? There is no middle ground for those involved with this in any managerial or executive capacity: you are either directly involved in criminal activity, indirectly involved (aiding and abetting the activity), or you must profess under oath to being one of the dumbest people on the face of the earth.

Those involved in the recruitment of others to this business could be in deep legal trouble. They must stop talking immediately, and move quickly to hire talented criminal attorneys. There is particular peril for those with long-standing connection to David Hernandez, as such complex relationships make the claim of “I had no idea” unlikely to be proven to the satisfaction of a reasonable juror.

Those involved in the recruitment of others to this business could be in deep legal trouble. They must stop talking immediately, and move quickly to hire talented criminal attorneys.

There is no middle ground for those involved with this in any managerial or executive capacity: you are either directly involved in criminal activity, indirectly involved (aiding and abetting the activity), or you must profess under oath to being one of the dumbest people on the face of the earth.

I think he'd be wise to follow Danny's advice and to stop flapping his jaws.

His lawyers could be the Three Stooges for all I care, cuz thats what It looks like so far.

Or Dewey, Cheatam, and Howe.

I heard the opening of the "B & B" show today, and the way Dan B. was describing the story, he thinks that everyone involved needs to keep quiet...

Bernsie is in his glory right now. He never liked North and his contingent at the Score, and this webbio failure proves that he was right all a long. B and B danced on Murph's grave, and Bernsie was down right gleeful to make fun of North ( of course, not referring to him by name).

I am not a fan of North's, but B and B need to leave it alone. You guys won - the others are out and they lost. Act like gracious winners - after all, bernsie, there's lots that we all can be called out on - like how's that play by play career coming along? Big calls from the networks lately? Hear Greenberg may be hosting a new show on ABC - aren't you happy for him?

Bersey owes North big time for putting Sports talk radio & WSCR on the map in Chicago.

Bernsie is in his glory right now. He never liked North and his contingent at the Score, and this webbio failure proves that he was right all a long. B and B danced on Murph's grave, and Bernsie was down right gleeful to make fun of North ( of course, not referring to him by name).

I am not a fan of North's, but B and B need to leave it alone. You guys won - the others are out and they lost. Act like gracious winners - after all, bernsie, there's lots that we all can be called out on - like how's that play by play career coming along? Big calls from the networks lately? Hear Greenberg may be hosting a new show on ABC - aren't you happy for him?

I hope no one who was a victim of this does anything drastic and just learns from this. I hope the victims just become more cynical and ask more questions before jumping off of something. No matter where you are in your life, life goes on and things do get better.

The two episodes aren't comparable in my mind. Murph was just a guy who was replaced as radio host and yeah, Terry should have maybe let it go and been a gracious "winner."

The North thing is an ongoing news story about a criminal case with fraud and Ponzi schemes and a guy on the run. Plus North won't shut his yap about this; Murph just went away quietly.

Bernsie owes North big time for putting Sports talk radio & WSCR on the map in Chicago.

So, does today represent you going full-on retard, or is that still yet to come?

I'm a complete shill, a major douchebag, and spend way too much of my time scurrying around this hater-filled board blindly defending my God, and hero, Mike North. I admit it, I'm a total dipshit.

Which is the first thing a lawyer would advise someone to do. I don't think Dan is over the top; far from it.

And North right now isn't being investigated. But if he keeps talking, who knows.

Eventually, if you make enough noise; someone might look.

We don't know if the F.B.I. has talked to him....I would hazard a guess they sure as shit have.

I know someone, who had someone running a ponzi scheme through their clearing house, unknown to them. They did several background checks on the guy because the rate of money he was going through money was suspicious, and could never find anything because the guy was never a convicted felon or anything like that. After the guy got caught, every employee who had any dealings with the customer had to go through a deposition. This will happen to North, Be-Be and Spaceball no doubt about it. If they had any wrong doings in the matter, it will be found out. North will also be potentially be named in a class action lawsuit since DH used 275K of the money for CSW.

OK, that's encouraging. I like what I'm hearing . . .