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Author Topic: Enron and Arthur Andersen  (Read 7864 times)
mlm668
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« Reply #15 on: January 16, 2002, 05:58:00 pm »

I agree that 401k is a good investment.  But there are so many folks out there that don't get the real picture.  Its not a savings account.  Any money you put in it may not be there a month later.  I have chosen not to participate in ours because the administrator was annoyed that I asked questions.  That told me that it was not going to be administered well.

However, you are right about Social Security.  We have no guarantee that it will still be here in 20 or 30 years.  The main point I was trying to make is that any person who invests money should be on top of those investments.  Notice what is going with the companies and ask questions.  Anyone who doesn't, is only asking for trouble in my opinion.   No I don't believe Enron's employees deserved what they got, but I still have a hard time believing they didn't see some signs.  This problem didn't happen overnight.

Michelle
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