The Enron Scandal - Unmoderated Message Board

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Non-Tech : The Enron Scandal - Unmoderated

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To: bonnuss_in_austin who wrote (1008)	2/1/2002 12:00:21 AM
From: greenspirit	Read Replies (2) of 3602

It looks like you completely missed my point and went off on some strange tangent. I didn't say Enron was the media's fault. I'll try again... Enron would have made the news for a day or two under normal circumstances (that being no political angle). It would have probably made page one in the Wall Street Journal for a week, and that's about it. It was a business failure. Pure and simple. Businesses do fail. Sometimes miserably. This one was larger then most. Big deal. It didn't cost me a dime. Another company picked up Enron's business when it failed. Another company will grow and fill Enron's vacuum. Another company will hire the Enron workers who lost their job. It's sad. But these things happen in the real world every single day. Many Enron employees took the risk and held onto their stock. It was their risk to take. They are adults. They got burned and their stock collapsed. Happens all the time in the real world. I've had it happen to me before. Investing in stocks is risky. If you can't handle the risk, buy a government bond instead.

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