While I'm getting more and more the impression Mr. Moore is playing a game, I don't know, what kind of game and with whom...here's the latest crap from his blog:
"I just googled this distinction:
- Bankruptcy: Situation in which a business' debt exceeds the fair market value of its assets
- Insolvency: May still have an excess of assets over liabilities, but be insolvent if unable to convert assets into cash to meet financial obligations"
GLTA