>>POR will liquidate until it's all gone I can't make up the 100 + b equity is short to cover the liabilities, to much deficit.<<
...and the $100+ bil deficit will be an equal amount of cancellation of debt (COD) which goes against NOLs dollar for dollar. The IRS does not allow a company to cancel $100 bil in debt and keep $55 bil in NOLs. Don't agree? Study section 382 of the internal revenue code.