Definitely, and I don't mean it to sound like these people couldn't be making better choices, but once you've dug your hole deep enough, it's hard to ever get to a point where you can be "safe" from this sort of thing. Even if they knew, for example, that the company was shutting down for a month starting in six months, the likelihood of being able to stow away ~ two paychecks during that window is quite small.