To: Sueann
So the stock was essentially locked as far as the employees were concerned. Point taken. But that is not my point. My point is imagine that the stock wasn't locked. OK. So the Enron people sell. OK. But guess what? If they sold, that means somebody had to buy. So good for the Enron folks but bad for whomever now owns the stock. So, somebody wins, somebody loses but as I pointed out that is a zero sum game. In other words there was nothing Washington did or did not do or could have done that would have changed the net outcome for the country as a whole. The take home message here is that there was undoubtedly some malfeasance on the part of the Enron execs, and probably some good old fashioned bad luck as well, but no matter how you spin it, this is a business scandal not a political one.
To: 2 Kool 2 Be 4-Gotten
Yes, it was locked, but only for 10 days - it appears to me the employees were not really paying attention to their fund. I totally agree this is a business problem and not a political one.
The only reason it's become political is because the dems are so intent on getting Bush - partly because of his favorable numbers (Clinton's highest was 67%, I believe). The dems hate the fact that Bush is successful and they will do literally anything to bring him down. They're chasing this thing because they think it will bring Bush down - so far they have scored -0-, zip, nada!!!!
285 posted on
01/13/2002 8:43:49 PM PST by
Sueann
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