SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The ENRON Scandal
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mephisto who wrote (98)1/11/2002 2:46:39 PM
From: Charles Tutt  Read Replies (1) of 5185
 
The point is that I think most of them probably didn't put much into their 401-K's, given the caps on 401-K contributions (especially if you calculate them after tax). Furthermore, I don't think a very high percentage of the people eligible to participate in 401-K's do so fully, and many of the ones who do probably can afford to lose them.

Much of the apparent "loss" was probably merely unwinding paper gains in ENE, too.

It's bad, but I don't think it's as bad as some seem to think.

But that's JMHO.

Charles Tutt (TM)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News