Absolutely wrong! Being in DefaultTrust list means you are trustworthy. Only trustworthy users will be in DefaultTrust list. 
~~MZ~~
~~MZ~~
Nope thats just not how the trust system is designed I am afraid. The people on the trust list are "trust moderators", not trustworthy users. People are supposed to be put on DefaultTrust because the ratings they leave others are believed to be accurate, not because they are trustworthy.
yeah, Theymos, would you mind telling us the reason Tradefortress was on the default trust list? My speculation was that he had "disclosed security flaws in a responsible manner" as your feedback for him said, but was that the reason or was there another reason?
No. The damage someone in DefaultTrust can do is very limited, so a lot of trust isn't required. I've actually long been suspicious of TradeFortress because he was holding too much BTC, CoinLenders looked like a HYIP, and I've heard some suspicious rumors about him. But I thought that he was very unlikely to go totally crazy with trust. (And he didn't.)
He was on DefaultTrust because his trust list was good. There were only a few problems that ever resulted from his list, but he brought many good people into the trust network. He also seemed to understand the trust system more than anyone else, and he paid the most attention to trust activity across the trust system.