[Smudge]

> "...and the directors and officers of any person that controls the applicant are of good character and sound financial standing." Here, the "good character" requirement would clearly preclude Mark, whose character has now been called into question more times than most of us can count.

I'm not aware of a common definition for "good character," but merely having your character "called into question," especially as a high-profile CEO (and celebrity, at that), should not be the sole grounds for being denied a license to transact money. I'm not saying there couldn't have been more to it in the case of Facebook/Zuckerberg, but in general, public defamation should not be, in itself, enough to prevent someone from building a legal business.