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To: rdavis84
Seriously, I was referring to the article, not what you said under it.

As for Enron, the board of directors and senior corporate officers are in a ton of hot water. They were involved in some really questionable backdoor deals that they didn't tell their stockholders about. Those deals wound up losing a hell of a lot of money (obviously; they're bankrupt now). They were also cooking the books to make Enron's financial picture look better than it really was. The word around the campfire right now is that the top guys in the company sold off all their stock to get some cash before it became public that Enron was crashing and burning. They're now being sued by their stockholders for $25 billion.

73 posted on 12/16/2001 5:56:05 PM PST by Excuse_My_Bellicosity
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To: Excuse_My_Bellicosity
"As for Enron, the board of directors and senior corporate officers are in a ton of hot water. They were involved in some really questionable backdoor deals that they didn't tell their stockholders about."

They REALLY do need to do some jail time, and in a regular prison. But I know that won't happen; fines and community service, betcha.

This whole, I say again Whole, article should be instructional to folks about a very detrimental and very prevalent situation that most here are willing to just write off as "normal". "Connections" and "Good Old Boys"

Well, the folks who may not be able to comfortably retire because of it will take it seriously. And the ONLY way to start decreasing the prevalence of this is to mete out actual Justice.

But politics says that won't happen, so, sorry folks, it might be Your Retirement next. Or should I just tell them " TOUGH!"?

80 posted on 12/16/2001 6:16:47 PM PST by rdavis84
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