Posted on 10/23/2006 1:11:20 PM PDT by Lunatic Fringe
Breaking
That was Bolivia...
do you know what ticks me off about this? Child molesters get by with maybe 2-5 years. ...but, OMG, this guy cheated to make more money, lets put him away for good!
and the aclu and all that crowd will rush to the defense of the child molester..
I worked the same hours from approximately 1998-2003.
That didn't prevent me from making standard investment decisions.
A rational person who is investing retirement money for the long term puts money in a long term strategy and deals with the mark-to-market pain.
Your 401(k) is not intended as a vehicle for daytrading for big short-term gains.
Their intention was manifestly not to run the company into the ground - if that were the case they would not have had 95+% of their personal fortunes invested in Enron stock.
What they were hoping to do was to sell the inflated investment vehicles inside Enron off to other companies in order to boost Enron stock.
Give me a break.
Skilling's malfeasance could only permanently affect people who irresponsibly allowed Skilling to control their lives.
Intelligent people who invested wisely were, at worst, out of a job.
That's life as an adult - people lose jobs every day. You go out and find another one.
A ridiculous statement on its face.
Not only did Skilling not ruin a single person's life, even if he had ruined these mythical thousands of lives it would still be a lesser crime than murdering an innocent person.
Your conscience is poorly formed.
I happen to agree with you, but it will come as a shock to many to discover that the company they may work for is not their friend and beyond the 9-to-5 hours for which the company pays them -- they owe the firm no loyalty. None. Nada. Zip.
Skilling is a thief and a con artist. He is not a murderer.
And sorry, circumstances really do matter.
If someone goes to a 7/11 at 1 am with $100 in his pocket and gets robbed, it's a shame but you can't say the guy was stupid for going to 7/11.
If someone goes to 7/11 at 1 am with his entire life savings in cash in a paper bag, then he is a moron who is begging to get taken.
It doesn't exonerate the thief who takes the paper bag, but the fool who brought the paper bag shouldn't cry and whine about it - and he should especially not cry and whine that his fellow taxpayers should replace the money he stupidly lost.
Yet that's exactly what the moron employees of Enron were asking for.
think he, as with all criminals, should be required to labor as a slave until everyone damaged has been made whole.
Instead, we'll be paying $70,000 a year to keep Skilling idle for 24 years, earning no money that can repay anyone.
It takes more than two guys to create and maintain hundreds of fraudulent investment partnerships.
But your assessment is generally quite accurate.
Thanks CYTD - for the information and the support.
A lot of people are living in a fantasy world circa 1955. They believe that a company exhibits loyalty to them and that loyalty should be repaid.
Uh, no. You are exchanging time and expertise for a pay check. Beyond delivering an honest day's work and the company paying you for your labor, there really is no relationship.
The salesman who doesn't take his client list to another competing company for more money is a fool.
The secretary who stays with the firm because "the people are nice" is a fool.
And the guy who works overtime as a "favor" is the biggest fool yet.
What planet are you living on, pal?
Your conscience is poorly formed.
Your judgement is poorly formed.
Bet you a Franklin that there were a hell of a lot more shareholders NOT involved in that fraud than were?
Having trouble figuring why you have become so incredibly defensive of Skillings' position. He an old high school chum or a relative?
Skilling was nothing but a common thief and a very greedy one at that. Try stealing from Uncle Sam by not paying your taxes. For cheating on your tax return for a few dollars you will get the book thrown at you. Stallings stole more than a few dollars. He is lucky he did not get life. I never invested in Enron so I do not know what it is like to be wiped out at age 65 when you are about to retire even if you are foolish enough to put all your money in one basket (ENRON). The company went down not because of inept management but of grand theft. Don't worry about Stallings; he'll be out in a few years and will still have plenty of time to enjoy the many millions he still has stashed away.
A planet called the Earth, in a nation called America, where people were once responsible for their own lives and took responsibility for their own destiny without whining and crying.
Your judgement is poorly formed.
You say this, yet I still am aware that murder is a worse crime than theft - something which you are apparently unable to grasp.
Everyone in Enron's banking and trading operations were involved in a shell game and they knew it.
Having trouble figuring why you have become so incredibly defensive of Skillings' position.
Skilling is a fraud and a thief and he's going to prison. I don't defend him.
He an old high school chum or a relative?
I have no personal connection with Jeff Skilling whatsoever.
Perhaps you should argue relevant facts rather than fishing.
You CONTINUE to overlook the sad fact that there were MANY INVESTORS OUTSIDE ENRON hurt by this massive fraud.
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