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Non-Tech : The ENRON Scandal

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To: Patricia Trinchero who wrote (752)1/17/2002 5:53:54 PM
From: Logain Ablar  Read Replies (1) of 5185
 
Patricia:

I know it is a time honored tradition to make a statement "The telling story is that Ken Lay unloaded millions of shares while he told the employees that " Things have never looked better for Enron." That is fact and cannot be disputed. " without checking facts but actually Ken Lay sold his shares prior to making that statement.

Check Yahoo and you'll see he did not sell after July and his statement to employees was in August right after Skilling resigned.

From memory Shilling left on August 13 or 14 (the day prior to their 2nd qtr sec filing).

Some earlier comments

Message 16644028

Message 16789495
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