Well the rules were obeyed, they could not get a CVA passed, so they are extinct. Newcorpse is what is up for debate now incase you hadn't twigged, and the rules to deal with them are already in place. Following those rules, newcorpse will fold as it cannot live on Div3 income (possibly not on Div1 either) and also become extinct.
The problem is that said rules are being manipulated by parties with a vested interest (mssers Regan, Cockwomble etc) to try and ensure their survival.
Wishing them extinct is not the same as wishing them not to survive by any possible means.