04/15/2010
https://www.congress.gov...
"Is this a serious representation when you tell the SEC that you do not control Palomino?"
"Now, they had the authority to execute trades without prior approval."
"And would you agree that the reason that they put that in there is to give the appearance that the activity is not Renaissance's but the banks?"
"More significantly, Renaissance is signing a deal with itself, and the company is such a shell that you, as an executive officer of RenTec, sign all of the papers."