It doesn't take a rocket scientist to see that the tax returns and the deposit is ours. There have been a couple recent cases where the Judge ruled against the FDIC when the FDIC tried to claim the tax returns. And how about the capital contributions???? The law states that if a seizure renders a bank insolvent, any capital contributions must be returned from the past year.
So when your statement says; "I don't know. This could end up very badly for equity. He could say the POR is fine, move forward and we're toast. The market is saying 'I have no idea' right now."
You seem like you don't have a clue about the basics of this case if you think this could end up bad for equity. And what was the so called "market" saying back in March??? Take a look at the most recent case (TRBCQ), that I know of, that an Examiner was appointed and take a look at the stock price before and after the Examiner report came out.
I'm not trying to be a prick but you can't play both sides. You either understand or you don't.