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The executive, William F. Compton, a former T.W.A. pilot, said such a liquidation could come "very quickly".
Such a liquidation would require approval of the Treasury secretary and a two-thirds vote of the boards of both the Fed and the F.D.I.C.
Noting this kind of nuance and accurately executing such a liquidation is a sign of the highest kind of mastery".
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Under current, parched conditions, such a massive liquidation would create such a deadly maelstrom of contraction that it would drag down solvent companies as well.
McCoist has been told that both bids are likely to involve a "new company" situation but does not believe such a scenario would mean liquidation.
In such cases, current stock performance determines a liquidation value well above what comes later, after the chickens have come home to roost.
They are also typically granted certain additional economic rights (like Series A investors), such as pro-rata rights and a liquidation preference.
Still, after establishing that a company delivers contract cheating services, the public prosecutor as guardian of the public interest could initiate the liquidation of such a business.
Hewlett-Packard says its tablet liquidation sale was such a hit that it is making some more tablets to liquidate.
In other words, in a liquidation, Mr. Cohen may learn how loyal, or not, the firms on which he lavished such hefty commissions over the years will be.
Other countries, who bore much of the brunt of the inventory liquidation because they provide such a large share of what Americans consume, are already benefiting.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com