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Politics : PRESIDENT GEORGE W. BUSH

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To: gao seng who wrote (220079)1/20/2002 6:48:16 AM
From: E. T.  Read Replies (5) of 769670
 
Enron, CEO (and GWB friend)tells employees to buy shares, all the while -- he is selling. Hey GWB's got a good idea, let people manage their own retirement funds! Beauty. That makes good sense!

BUSINESS booms are famous for hiding underlying problems in an economy. It takes a recession to make them obvious. Now, like melting snow, this recession is uncovering a glaring inequality in the system the United States has gradually adopted over the last 20 years to prepare its workers for retirement.

The Enron Corporation is the showcase. Its top executives are walking away with money in their pockets for their own retirement, while their employees have watched their pension savings disappear because Enron's stock price plunged
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