Should I feel sorry for people who believe that the Abdominizer is going to transform them from a 300 lb couch potato to a triathlete in 21 days?
When the stock drops 66% in less than a year, people need to be grownups and assess for themselves.
Preaching to the choir with me - I never trusted the company at all, when the rest of the world thought it was golden.
Enron was an company run by honest men, with honest accounting, and it ran into the ground, that would be one thing. Ken Lay and his enablers lived like kings, defrauded their workers, and played on their sense of loyalty with lies to keep their fraud going. This was criminal, and ruined thousands of workers' finances. So yes, you should "feel sorry" for honest, working people who believe their employer and put their earnings into a 401(k) plan, touted by their company until it collapse due to fraud. Even if they should have been better-educated about investing, and more skeptical of management and accounting they are indeed victims here.
I've been saying essentially the same thing to may people and on other threads. Not the best way to make friends, is it?
What truly amazes me is how quickly people here have abandoned the concept of personally responsibility for their own retirement. And we're supposed to be the conservative board!
The effort to make people dependant on others (government, employers) for their lives has been VERY successful, if it permeates even FR.