Great analysis, Kaganaki. That really is the long and the short of it.
Her lawyers appear to be getting a bit antsy about the allegations that she might be under investigation for fraud too. Lawyers only start threatening the big guns where there is something to get antsy about, usually. If it was bollocks, she would come out with a statement saying it is bollocks, not pay money to people to start threatening libel writs....
But that's just my take on it...