Let's roll back the time machine to July of 2010 and the Seatte Times article that first scooped the beginning of the unraveling of Mr. Berg:
FULL ARTICLE HERE: http://seattletimes.nwsource.com/html/sundaybuzz/2012494773_sundaybuzz01.html
Berg, in a brief telephone interview, declined to address questions about his education or the Oregon conviction.
"In light of a million complicated issues that stand to affect 500 people's lives, I frankly can't believe you're focusing on a $300 check I wrote in 1987. I would expect more from the business page of The Seattle Times," he said.
Instead, he said, the emphasis should be on the businesses he's built and the 500 jobs they created.
Berg added: "I am 100 percent committed to working cooperatively with Mark Calvert, the (bankruptcy) trustee, to maximize the recovery to investors. I believe I should be given some credit for being passionately committed to doing the opposite of what others have done in this situation.
"Let's see how much money we can get back to these investors â€” that should be our focus."
Berg blamed "a collapsed mortgage market and a collapsed real-estate market" for losses to the investment funds, but declined to discuss the problems further.