Very many of the non developer employees were there 14 years ago, so these stories of what the bank went through are more than vague rumors.
> Has anyone ever had to be "forced" to purchase anything for "pennies on the dollar"?
There is typically not much interest in the purchase of something with a high negative value even if highly discounted. That is why it was mandated by the government, so that a large solvent organization could assume another large groups insolvency before the insolvent group closes and strikes their assets.
> Has anyone ever had to be "forced" to purchase anything for "pennies on the dollar"?
There is typically not much interest in the purchase of something with a high negative value even if highly discounted. That is why it was mandated by the government, so that a large solvent organization could assume another large groups insolvency before the insolvent group closes and strikes their assets.