Enron Delisted from NY Stock Exchange

CNN ^ | January 15, 2001 | CNN Financial Wire

[umbra]

CNN just reported the development, formal action has been started.

[JoeMomma]

It appears that these malpractices were going on for a while, and that again puts the burden on the Clinton Administration. Something should have been sniffed out by the SEC or other watchdogs much sooner, and it wasn't. Any attempt to make this political is going to backfire.

Again -- probably too soon to tell, but it's more likely a mere case of white-collar greed. It'll be interesting to see why exactly the company changed investment plan administrators for their employees' 401k programs (which froze them out of selling their stocks) and whether there was some insider trading that led many Enron execs to dump their stock before freezing the stock of their employees.

Something is very crooked when execs walk away from a company with $1B and their employee lose everything. Serious ethical problems are about to be unearthed is my guess.

[JRandomFreeper]

Any attempt to make this political is going to backfire.

I'm already seeing that by the reaction my non-political sheeple friends are having. Even they know the Dems are trying to pull a fast one.

/john

[headsonpikes]

You should be 'bunned', weinerdog. ;^)

[Aric2000]

Nice pun, I liked that, it's one of those, DUH!! Why didn't I think of that?!!! ROFL

[1Old Pro]

Related Story: 1,000 Nasdaq stocks DELISTED, yet focus is on on NYSE delisting- Enron

[MinuteGal]

Please notice the modus operandi here. A person gets banned, comes right back under another handle, then hi-jacks an informative thread posted by a sincere freeper.

IMO, this person is NOT a whiner, but an experienced operator and disruptor who know how to work the system here. And how to bounce back after banning. And how to disrupt threads.

Please don't fall for this. If no one replies to his sleight-of-hand we can get back to the topic as posted, a topic I'm interested in seeing discussed.

Leni

[OldFriend]

Wonder if this was necessary since there was a sale to a Swiss company of some of their assets.

[Clemenza]

The stock of the bank I work at (HABK) has been halted by the Feds as we were shut down on Friday. Just felt like saying that.

[El Sordo]

"What A Joke This Place Is!!"

Generally not the opening line for a reasoned debate.

[ChaseR]

(What I'm wondering is - - when is Loral going to be "delisted.")
Loral fined $14m over China missiles claim{Treason is cheap these days…}

[Bush2000]

I wonder if Gore and Clinton dumped their stock. It should be on their public records of tax returns somewhere on the net.

In theory, it's easy to find out because all individual transactions are recorded with the SEC; however, because many of these guys maintain blind (yeah, right) trusts to do their investments, it's often difficult (for us) to relate the trust back to the individual to whom it belongs.

[Clemenza]

See this story to learn about my place of employment.

[RedBloodedAmerican]

Clinton Tax Returns

1999
1998
1997
1996
1995
1994
1993
1992

[Bush2000]

Clinton doesn't have to disclose his tax return anymore. ;-)

[RedBloodedAmerican]

Yep, anbd the trust he had his earnings in probably has enron. Could probably find the portfolio online somewhere

[RedBloodedAmerican]

anbd = and. Got a colbd.

[rwfromkansas]

Nobody wants you here. This is a conservative forum, not a political debate forum. Get that? Leave.

[jbstrick]

sothisisfree

member since January 15th, 2002

You thin we are stupid? TROLL

[berserker]

... No sign of politics whatsoever ...

Wasn't repeal of the corporate Alternative Minimun Tax in the "economic stimulus bill" this year designed to give Enron over a cool $100,000,000 just when they needed it? And didn't their registered corporate lobbiest work on that this past year? To say that politics has nothing to do with the Enron colapse is to wear blinders.