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> they’ll also get a piece of paper laying out how much more they’re potentially owed. As the FDIC winds the bank down That will take months at least. In the m
by UncleOxidant 4y ago
> they’ll also get a piece of paper laying out how much more they’re potentially owed. As the FDIC winds the bank down
That will take months at least. In the meantime they'll have this non-liquid piece of paper. I suppose they could try to pay employees with IOUs, but I don't think that many employees would be able to afford to stick around for very long.