Florida Schools Struggle to Pay Teachers Amid Freeze

[ConstantineX]

I had read this, I had no idea it involved the immediate payrolls of schools though. It's pretty opaque though as to what exactly the fund was invested in; perhaps I'm naive but I would have that the sort of banks/credits overseeing the funds would "guarantee" these SIVs and bail them out by assuming any losses on their balance sheets for reputation.