What he says doesn't jive at all with history as we know it. Amiga was named Amiga prior to Jack getting involved. He only later got involved post-Commodore at Atari, extending the $500k to "Amiga Corporation".
Yes, and Amiga the company existed long before Commodore set their sight on it. That blogger, Tom Munnecke, is just an egotistical a$$hole - notice he has commenting disabled because he knows he'll be called out.