"The collapse wiped out more than $60 billion in market value, almost $2.1 billion in pension plans and 5,600 jobs."
Where did it all go?
Strictly speaking, it didn't "go" anywhere. It never existed in the first place, other than in the minds of the investors that pumped up the price of Enron stock. And, because they were given information that was untrue by the Enron, the top executives of that company are now facing prison.
Even though it was mostly "thin air," KennyBoy and others managed to take out several hundred million real dollars. I still can't get over that ... one year alone, Lay cashed in $250 million worth of stock. He now says he's broke and owes $250,000.
How in the world does someone run through that much money on just houses and cars and charities and stuff and not have anything left? I mean, at some point don't you ask yourself, *what the hell am I doing?*
I'll volunteer to do the research, however, to see how it *feels*!