What happened was that the parent company Moneual, faked sales near $3 billion, NOT get that much loans. They secured loans of about $600 million with about $300 million insured. So the banks will have a loss of less than $300 million (probably near that amount). Also even though the parent company is definitely going bankrupt, Zalman will probably get a court order to keep running after the parent company forfeits all it shares.

I talked with A/S 10 minutes ago

After talking with Seagate A/S a few days ago and told I needed to update my firmware and sent an email on how to update, no fireware was downloadable from the links in the email provided.

Annoyed I talked to Seagate A/S again today, it seems I do not need a firmware upgrade anymore, and only some of the hard drives made in Taiwan between some date seem to be defective and updating firmware in non-defective drives seems to be causing problems. Hence they removed all links to firmware. Since they are not 100% sure of what I mentioned above yet, they told me they are going to update their site and call me back when things get finalized next week.