Reedone of the problems is Reed himslf: This CEO does not own a number of shares which could make him act in a proper way. Such a CEO can close the bureau and leave a company without any comment - he simply has nothing to lose. People like this are always dangerous as they are also involved in other business story - so Redd must not lead CDO.....he didn't do anything for CDO anyway while Rene Bernard has been CEO....so, why has he been an director?! Now this guy is CEO and what is thresult since the short term he has this position? Shares are dumped, trouble with MF, still no reports, a lot of nonsense rumours about new investors and hte worst....a shareconsolidation. One might say about Rene Bernad whatever one will say.....but in many many years Bernard tried to build up this story.....and since Reed is CEO there are things going on which are destroying this nine year story within some months. Very obvious tat Reed is the wrong person for CDO.