Shareholders are last in the line of creditors, shares will be worthless only if bank is insolvent not illiquid as it currently is. While it may emerge that ba

Shareholders are last in the line of creditors, shares will be worthless only if bank is insolvent not illiquid as it currently is. While it may emerge that bank is indeed insolvent after the accounting that is not yet the case , so the value is only unknown not necessarily zero. Also the market value includes the estimated risk which is very higher when there is lack of clear information and uncertainty. After the dust settles , risk is becomes better understood with more information then shares can be better priced Alternatively the assets are fully liquidated with which all depositors and bond holders are made whole anywhere between $45B and zero would be left