FYI: Frustrating as it may seem, unpaid employee salaries are a priority in bankruptcy. Only below secured creditors trustee fees. So it probably only served to make things easier, unless they were >$15,000 per employee limit.
Actually, wtf am I talking about? This is a bank in **silicon valley**. $15,000 probably doesnt cover their Cafeteria plan for Eyewear
Endless billions for bank bailouts, PPP loans, and Ukraine, and a trillion dollars a year for the military, but god forbid we do something about student loans, healthcare, or the environment.
wtshiz says
And the former Lehman Bros CFO up until right before ~~when~~ they failed was SVB’s CAO (like a COO)…
Mentalfloss1 says
Of course!!
DickweedMcGee says
FYI: Frustrating as it may seem, unpaid employee salaries are a priority in bankruptcy. Only below secured creditors trustee fees. So it probably only served to make things easier, unless they were >$15,000 per employee limit.
Actually, wtf am I talking about? This is a bank in **silicon valley**. $15,000 probably doesnt cover their Cafeteria plan for Eyewear
CustosEcheveria says
Endless billions for bank bailouts, PPP loans, and Ukraine, and a trillion dollars a year for the military, but god forbid we do something about student loans, healthcare, or the environment.
thecaninfrance says
Theft. These criminals should be put behind bars.