Chapter 13 - The Bank Rejects Harrington Development Corporate Checks
At noon, down in downtown Chicago, the chief accountant of Harrington Development tried to process payroll checks.
The corporate banking portal flashed a stark, unyielding notification across the monitor: Transaction Denied - Insufficient Institutional Guarantee.
The accountant picked up the secure red phone connecting directly to the commercial bank vice president.
“James, our payroll batch just bounced across all regional branches,” the accountant said in disbelief.
“I’m sorry, but our risk management division received direct instructions from Whitmore Global’s executive office,” James replied coldly.
“Instructions to do what?”
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“To freeze all outgoing corporate disbursements associated with Harrington Development until debt restructuring is completed.”
The line went dead with a sharp click, leaving the accountant staring at the dead screen in absolute horror.
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