Quote:
Originally Posted by mustmuck
Actually hang on, what does "protected" mean?
I would assume that it's the same as secured i.e 100% is returned unless the assets don't actually cover it, in which case it's divided proportionally. The banks, for example, will get any loans or the like that they gave the company (secured loans) first of all.
If our accounts are indeed "secured", then we should get our 100% back like the rest of the other creditors.
Or at least that's my interpretation of it anyway.