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Re: last paragraph Is it realistic for a bankruptcy trustee to come after employees that signed uo for a personal loan for shares in a company now worth zero.
by IG_Semmelweiss 4y ago
Re: last paragraph
Is it realistic for a bankruptcy trustee to come after employees that signed uo for a personal loan for shares in a company now worth zero.
Is there a documented case of this happening and suceeding?
- TimJRobinson 4y agoIn that Twitter thread where the CEO originally announced the idea many people reported this happened in the dot-com bust. Private equity firms would buy the company and go after past employees for the loaned money.