Aside from what they received as salary, the money they are accused of wrongly collecting included the value of cashed-out vacation and sick time.
WSJ: Bell, Calif., Officials Convicted in Pay Scandal
This is as investor I will know that if I have a personal cash shortage I will be able to sell out to another investor for something close to fair-value with a relatively short waiting time.
FORBES: The Housing Recovery: A Rethink
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