I’ve never liquidated a world bank before, but going by “and paid from the proceeds of the liquidation” it seems like they’re only going to be owed what was contractually due to them, and even that will only be paid from proceeds of asset liquidation.
The bigger question is, “what are the referred-to ‘assets’ and ‘liabilities’?”
https://www.govtrack.us/congress/bills/119/hr1846/cosponsors
Check the cosponsors and who’s against
Has anyone read the specifics yet?
Just because we like the title, we better like the text, too!!!
That’s the damn truth, congress critters like to name bills the opposite of what they actually do.
Text looking pretty good. I pasted it to another comment.
How does #4 stack up in comparison with other banks folding? Is that normal? Otherwise it looks good to me, but I’m a novice.
I’ve never liquidated a world bank before, but going by “and paid from the proceeds of the liquidation” it seems like they’re only going to be owed what was contractually due to them, and even that will only be paid from proceeds of asset liquidation.
The bigger question is, “what are the referred-to ‘assets’ and ‘liabilities’?”
...ya - and advise them not to book any ocean boat trips