Great question. The courts seem to use the definitional precedent when it suits them and then decide to change the definition when it doesn't. So who knows!?!? You don't either given the results of the Perry appeal!
You show over and over again that you have not done adequate dd. Many companies(including banks) have went into conservatorship and not went thru rship/bankruptcy. They are different by nature. Now, ultimately (un some cases) liquidation/rship/bk happens. There are cases where it doesnt. It seems the longer the cship happens, the more positive the result.
Please do more research before you say such things. > own a tiny stake in the commons and it pains me to see folks falling for the Stevens/Sperling/Parrot line.
Berko/Paulson/Eisman/Blackstone/Gator Capital/Tilson/Ackman would not have bought after me if rship=cship.
News 
Market Data 
Discover 
