The Hare may have been technically wrong about the TT directors but to be honest these guys have got off very lightly when it comes to criticism about their own actions. It was only a week or two ago that they were bombarding us with stories about the integrity and generosity of the Great Brother Leader.
For heavens sake, I did not imply he was a director of TT, he's a director of New Turtle Traders LLC. The remarks that I made where aimed fairly at his role in New Turtle Traders LLC
As a turtle, he knew the financial positon of New Turtle Traders LLC, he knew if the company was adequately capitalised, and he knew his own performance, and the performance of the group.
He saw Mr Baghdaddy publically claim that each of the turtles had been funded with a full £100,000, that claim was made time and time again. He also knew that Mr Baghdaddy made claims regarding the magnitude of returnss that his trainees where making.
What happens to TT Ltd is irrelevant. If the turtles where fully funded, and making the magnitude of returns Mr Baghdaddy claimed, then the demise of TT or any other business sharing the same address would have been irrelevant, or at worst a minor inconvinience.
If any of the claims made by Mr Baghdaddy where untrue, JMC and the other turtles had a moral, and legal reponsibility to put that right. For all we know, the next step in this fiasco might have been soliciting for funds for the turtles to trade, based on completely fraudulent claims.
As you pointed out, once bailiffs are involved it would be practically impossible to share business premesis and not be aware.
The key point is JPM and Co where happy to mislead others at t2w practically up until the last minute. Their motivations for doing so need to be questioned.