Is there the slightest bit of truth to his claims of the existence of a "settlement agreement" between him and Wikimedia, or is this just entirely a pile of manure?
If memory serves, I asked Jimbo on this list to explicitly say it was all nonsense and he did so. That's good enough for me. (That might have been over a different matter, I'll check the archives.)
Found it. Foundation-l, March 9 2008, in reference to Merkey's claims that in exchange for a donation he was put under Jimbo's protection (among other things), Jimbo said: "It's nonsense". (http://lists.wikimedia.org/pipermail/foundation-l/2008-March/039553.html)