Well hold on a second. How did the two playboys take advantage of the small businesses? The businesses needed money, he lent it to them. Did he physically force them to sign on the dotted line? Did they even bother reading the terms and understanding what it meant? If the business is croaking, taking a high interest loan isn't gonna help. Liquidate now, so at least you got some cash to pull through while you look for a normal job.
I mean, what do you have to say? Surely you're more empathetic than I am, so I'm very interested in how people like you think.