Our expert says:
OK. Let's hope he has learned many valuable lessons, including the damages almost always caused by greed. Maybe some of the other people are afraid that failure is infgectious. Maybe having watched him make bad decisions and lose so much, they hesitate to listen to his new ideas, with no guarantee that they'll be better than his old, failed ideas.
If he is indeed becoming depressed, he needs to see at least a psychologist to work on the depression, and maybe also to sharpen his ability to avoid discouragement while becoming more realistic in his aims. Having many ideas isn't necessarily a good thing, unless they are workable, practical, profitiable good ideas.
Otherwise it sounds as though you are being usefully supportive
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