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Apart from losing their job, their form of income for their families, they also lost any money that they had invested in shares of the company and their pension funds, because the company encouraged their employees to invest their money in its own shares and also closer to the end they wanted their employees to invest even more money.
Good business decisions are based in financial statements that are prepared by the accounting firms or accountants within a company. When doing account for any company they all follow a standard called GAAP (Generally accepted accounting principles), GAAP provides guidelines and rules which companies use when preparing their financials statements so that all company are on the same page as one another...
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