Whatever malfeasance he undertook, he seems to have done a lot for a lot of people. Nobody deserves to die in such a manner. On a related note, did anybody listen to those 911 calls? What kind of #$%$ do they hire for dispatchers...can you listen to what the callers are saying? People's lives are at stake put down the damn donut and listen.
As the CEO he gets paid to paint the company in the best light. You won't hear him come right out and say "we're not going to file bankruptcy" because he knows it is a real possibility. As far as the market is concerned, looking at the equity and debt prices, they are already considered to be a functioning bankruptcy...despite what a newspaper prints.