Corus Bankshares Inc. (fka CORSQ)

[errett]

lex----Corsq is currently hopelessly insolvent----the creditors want to wipe out equity and keep the company going long enough to wind down all loose ends which is mainly the FDIC tax issue---but that will only benefit the creditors---we are hoping that there is an outside group who holds most of the shares who will come into the picture because they want the NOLs and the BHC---so far we have seen only circumstantial evidence such a group has any intention to act---but that doesn't mean they will not come forward---all we can do now is wait it out----either we lose everything or we win----you may want to do more DD :)) GLTY