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Author Topic: Enron and Arthur Andersen  (Read 8047 times)
blufire21
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« on: January 15, 2002, 10:41:25 pm »

It is also my understanding (and correct me if I'm wrong) that Enron gave their employees more Enron stock instead of cash in their 401-K.  If that's the case, then I'd be really mad.  Not only would I be losing my hard-earned money, but the company I trusted to look out for my future gave me air instead.  I know I've learned a lesson from this.  When all this hit the fan.  I took my 401-K and divided it up evenly through the different levels.  I also took my other savings and made sure they were also diversified.  After the stock market upset, 9-11, and this I'm seriously considereing the "under the matress" Bank.

Also, if any of the people are charged and convicited breaking the law, there will be a lot of civil suits brought against that individual(s).  Plaintif may not win, but I'll bet $.50 that the defendant(s) will spend all those millions they thought they saved on lawyers fees.  Anyway you look at it, it will boil up to a "What comes around, goes around".


Ellen in TX

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