Rich H,
I would strongly disagree. Since it happened before, they should have taken extra precaution in not spending consigners' money to pay their bills. If they went bk, the consigners could end up as creditors and they never should be. After the first incident, the Reeds should have set up differwnt accounts to make sure this never happened again. Using other people's money to pay the bills is just wrong. When they spent that old lady's money, they apparently did so to "keep the light on." They were lucky enough to keep the business running but if they weren't able to, that lady's money would have been gone. That is why it is unacceptable to me. They made the mistake once before but I am a little less forgiving since this was the second REPORTED case.
I am not trying to crucify them on the boards, I am just explaining my thoughts.