I'm sure it's hard for CEO to have to fold up shop, which is what it sounds like might be happening. Did he start the company? I'd imagine that it would be a lot like loosing a child, in addition to feeling responsible for all of your employees. I think supporting him as a friend makes a lot of sense. I don't expect that he could handle much more than that right now.
I've got room here, I wouldn't charge much rent! I guess I'd have to charge a little to explain it to W!
