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Politics : The Donkey's Inn -- Ignore unavailable to you. Want to Upgrade?


To: Karen Lawrence who wrote (1346)12/9/2001 7:16:44 PM
From: Mephisto  Read Replies (2) | Respond to of 15516
 
I wonder how long Enron's executives thought they could get away with it.



To: Karen Lawrence who wrote (1346)12/10/2001 3:33:35 AM
From: Patricia Trinchero  Respond to of 15516
 
THank goodness that someone if finally acting to freeze the assets of those crooks. SO many people that work at Enron had their lives turned upside down. OTher people who invested in them were "taken to the cleaners".

Yahoo insider trading venue for Enron shows that ROn Lay dumped 2.8 million shares at the end of August. As chairman of the board he must have known what was happening to the company. The board froze the options of the employees ( wouldn't let them sell their options) while they unloaded large numbers of shares. I guess they didn't want their employees to unload their options and drive down the share price until they had unloaded all their shares. They sound and act like penny stock scam operators!!

Pat