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To: sinkspur
That's not the point!! The point is that all the 401(k) investors did not have a heads-up so they could sell their shares.

AND, don't assume I listen to cnn ,fox, abx, nbc or any other liberal station. I get my info right off this forum!!!!!!!!!!!!!!!!!!!!!!!!

I don't give a rat's -ss what influence was bought! I'm tired of the double standard applied when your guys/girls do it. Corruption ( IF that's what we have here) is corruption no matter who engages in it!

67 posted on 01/11/2002 6:52:43 PM PST by poet
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To: poet
The federal government should have issued a press release that they though Enron was in more financial trouble than the market had already factored in? Just when should the government have done that, and based on what? And just why should the feds be in the business of issuing such press releases? If you are complaining about the pension laws, yes they should be changed. Pensions should not be holding the employer's stock. That is an inherent conflict of interest. It should be outlawed.
68 posted on 01/11/2002 6:56:29 PM PST by Torie
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To: poet
Since I make a tidy fortune as a hedge fund manager,I feel qualified to state that if people pay attention to market signals, they would see when a stock isn't acting right, and Enron has been weak since December 2000, so that any news item was going to go in the direction of the trend.Plus, you're in the teeth of the nastiest bear marktet since 1981-'82, and people somehow think their stocks won't get hit?? Its a cruel world at times for investing, but the market knows more than any Federal regulator ever will, nor any cabinet member, too.
81 posted on 01/11/2002 7:11:01 PM PST by habs4ever
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To: poet
My, my, my how we throw around words like "corruption". Whose "corruption"? Bush's? How so?

You must not mean Enron's since none of the employees could sell or trade their stock for only a brief period when the company was in the middle of changing and reorganizing their 401k carriers. It's all in their filings.

Maybe you mean Wall Street's "corruption" for creating and maintaining the hysterical atmosphere that surrounded the Enron phenom.

The truth is, when Mr. Daschle killed the Energy bill, that killed Enron because they became energy brokers with no product to broker and that took down the poor, tragic investors your heart breaks for. So you must mean the Democrat's "corruption" for destroying the 7th largest company in the country in order to get George Bush.

You seem to be jumping to conclusions you know nothing about, but you sure seem to have absorbed the exact information the Democrats wanted you to. Imagine that!

I suggest you spend more time hanging out on some of the financial web sites or CNBC during the trading day. The best is "Your World" on FOX. Of course you might come into contact with facts...scary stuff.

84 posted on 01/11/2002 7:17:12 PM PST by Deb
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To: poet
The point is that all the 401(k) investors did not have a heads-up so they could sell their shares.

January 1st: $82.00

October 15th: $13.00

That's a headsup for your A$$.

86 posted on 01/11/2002 7:20:21 PM PST by Howlin
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