Thank you.
It is absolutely pathetic.
There were Enron employees profiled on the news in the most sympathetic manner back when this happened.
People who claimed they had lost 2 million dollars.
They worked for Enron, they put their 6% pretax contribution for their 401k entirely in Enron stock, they had the free matching stock from Enron and they had used their other savings on purchases of Enron stock.
Then they held this stock from $81 to $27 without moving a muscle to diversify.
If they had put their 6% pretax contribution in index funds and had used their other savings to invest in non-Enron equities, all they would have lost was the free matching stock Enron gave them - which was found money anyway.
And these people knew when they joined Enron that they weren't guaranteed a job for life.
Why am I supposed to feel sorry for these people, let alone believe that "justice" demands they alone among all Americans should be protected from the consequences of their poor decisions?
On the contrary, the employees may not have been "guaranteed" a job for life, verbally - but many, like me, had a parent who *did* have a job for life with one oil company.
Why would they not want to emulate what they knew to be true - what had raised them to adulthood, educated them and made them qualified to get that same benefit?