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Southeast Colorado | Just having thoughts from the post below. What would keep a failing farm business from paying what would basically be outlandish labor rates to an employee when they know they're about to go under? Then that employee would have access to cash to buy new land and be off and running. Does the bank have any claw back ability on that cash or are they just screwed? Not saying that is what happened below but he did write previously of some pretty high wages being paid from that farm...............and he is not a business partner in that same farm. What say you? | |
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Declining moral values may just help set up the next farm business. Questions about banking??
