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Old 12-19-2003, 10:40 PM   #6 (permalink)
j8ear
Gentlemen Farmer
 
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Location: Middle of nowhere, Jersey
What fraud? If wishes were fishes, huh? Can you elaborate? Do you have any evidence? I mean aside from the mean old big bad company versus the poor out of work, retirement savings squandered employees anecdotes. Diversify people. It is only the greediest and easiestly hoodwinked employees who lost it all. Jobs come and go.

What tax evasion? What continuing 'criminal enterprise?' What RICO violations? (which in my opinion is one of the worst trespasses on our freedoms ever handed down by the federal governement. Guilt by association? WTF? Best intentions I guess). Your right though 2wolves, RICO probably does apply. Those take years to put together though from what I understand.

I feel for those effected by what happened, but blame largely poor judgement. I remember being offered a chance to invest in Enron in 1997. Turned it down because that company 'felt' shady to me. Energy futures, and shell games? Utility deregulation and all that hoopla, about cheaper more efficient, new ways to meet your energy needs? Please. Idiots fall for pyramid and other get rich schemes. It happened to ALL KINDS OF PEOPLE WHO fell for the bloated inflated markets of the Clinton era. Gazillion dollar companies not even PROJECTED to make a penny for 10 years trading at $150.00 a share. What the fuck were those people thinking?

Finally what does Bush have to do with it? Do you think they are not pursuing every single solitary avenue available to them to secure some kind of conviction for all of those corporate crooks? They got Sullivan (WCOM CFO) and Enron's CFO too if I recall. And they have passed all kinds of NEW laws to hold people accountable for these types of failures in the future. It would seem that maybe they were needed because the FEDS have nothing. Those who have read my theories before no I am a fan of very few laws, especially nanny, poor judgement protecting laws. Why not Clinton? After all, all of the activity which led up to the Enron fall occured under his watch.

my immediate thoughts to what has been offered so far,

-bear

EDIT: Took out some personal TMI I included for some reason.
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Last edited by j8ear; 12-19-2003 at 10:47 PM..
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