InvestorsHub Logo
Followers 20
Posts 1722
Boards Moderated 0
Alias Born 11/17/2009

Re: Donotunderstand post# 407800

Tuesday, 05/02/2017 11:44:54 AM

Tuesday, May 02, 2017 11:44:54 AM

Post# of 796426
Understand. Companies under Conservatorship and Bankruptcy are restricted by the guidance of the conservator. In bankruptcy it's the judge. In conservatorship it's the government. Nothing can be done without their approval, and everything they rule for the entity to do, the entity must do. That is why, whether temporarily or permanently, they are no longer considered a private business. However, a private business can remain public. Private and public are not synonymous.