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Zurich just paid 30,000 workers double, in $200 million bank glitch (www.bnnbloomberg.ca)

submitted 8 months ago by [email protected] to c/[email protected]

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Zurich just paid 30,000 workers double, in $200 million bank glitch::Zurich authorities have apologized to city employees after a technical glitch caused a double payment of monthly salaries that local officials are now trying to claw back.

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[–] [email protected] 16 points 8 months ago (2 children)

If it was a corporation, absolutely. It's part of the risks they're taking on as a business. But for a government, which is by definition non profit, you kinda have to mandate return of the funds. Otherwise the government as a whole could collapse.

[–] [email protected] 5 points 8 months ago (1 children)

The government won’t collapse. They literally have a money printer.

[–] [email protected] -1 points 8 months ago

This only works if you're America, and even then only somewhat. Everybody else has to fear other places not valuing their currency as highly.

[–] [email protected] 3 points 8 months ago

confused screeching