[dboreham]

a) most employees are paid every 2 weeks and b) there are laws that say an employer is committing a crime if wages are not paid on time. So any properly run business takes great care to ensure that adequate cash is on hand to cover wage commitments (not just the money due to employees but also taxes due to state and federal governments). When thar cash goes up in SVB smoke, that's a big and immediate problem. You could in theory be sued or even go to jail.

[dragonwriter]

> there are laws that say an employer is committing a crime if wages are not paid on time.

Unless it is at least willful, its probably not a crime. It is, however, generally illegal and carries a civil cost even when not criminal.