I'm sure Ernie will be fine; he's talented and hardworking. But this particular scenario was a strange one, and I'd have loved to get more insight into what he felt about it all. I understand if he doesn't feel comfortable disclosing some of the particulars -- but I'd have loved to have seen some deeper/lengthier mining for wisdom.
You don't hear everyday about a guy who gets hired into a new job, then the company closes down 6 weeks into it. That's a fascinating opportunity for insight. I just wish it were explored a bit further before leaping into the "here's what I want from my next job" section. For example: how will what he's learned here apply to what he finds next? What if he gets all of his desired characteristics in the next job, but something similar happens? Etc.