roy
UPI is reputable. Here is the original article: http://stream.wsj.com/story/markets/SS-2-5/SS-2-456759/ (google if paywalled)
I found this to be very bizarre -- more so than unnerving. I can understand why people view Karpeles as malicious. At best, he is so mind-bogglingly stupid that he doesn't understand the effect of refusing to deny accusations of insolvency. At worst, he is intentionally manipulating the market.
There are only three possibilities I can immediately see (please feel free to suggest any i'm missing):
1. He's been misquoted
2. He misspoke (unlikely, given he apparently said this repeatedly) or he didn't understand the meaning of the word (possible).
3. The company really is insolvent, and he knows it. And he is unwilling to issue a false statement to the contrary because he doesn't want to go to jail.
I have no idea which of the above is the case (or if I'm missing a fourth possibility).
roy