Oh FFS. Anything from Henry Blodget should immediately be ignored or delinked.
The man bilked all sorts of money from widows and orphans (in the form of pensions and mutual funds). Most normal people would want to make amends before showing their face in public, let alone the way he punches up stories.
I can't believe I fell for it too.
Edit: More sensibly written article in WSJ here - http://online.wsj.com/article/SB1000142405270230401940457741...