Here is another link that explains things a little further:
http://www.globeadvisor.com/servlet/...109/RTREMONT09
I also wonder if these people weren't invested with a company like Mackenzie into this holding where they could have any recourse? Mackenzie has already been asked about covering the losses...not saying that they will, but its a glimmer of hope for those who got burned.
(btw, before someone plays this card: I don't work for Mackenzie and rarely invest through them...so I'm not spewing the company line here!)