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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: greenspirit who wrote (220298)1/20/2002 11:48:41 AM
From: haqihana  Respond to of 769670
 
Michael, I agree with you completely, because the market is a place one goes to invest surplus money that he can afford to lose if something unexpected occurs. Those that saw the rising of a most unusual phenomenon in the market, fueled by tech stocks on the rampage, backed with promise, and very little capital, invested every dime they had, or could borrow on solid assets that they owned, with the idea of getting rich quick, and riding the crest of a never ending wave. The market just does not work that way. Tech stocks were under capitalized, and reached an unreasonable peak, so a major correction was due to happen regardless of what party was in control of the White House. Those that took second mortgages, day traded, and other unwise practices, were doomed to lose more than they could afford, and are reaping their just rewards.



To: greenspirit who wrote (220298)1/20/2002 12:03:10 PM
From: DOUG H  Respond to of 769670
 
The victim mindset of Enron employees is pathetic.

I agree Mike. I've just about heard enough from these Enron Kamakazi's. You'll not hear any of them admit that the were blinded by greed as well as sucked in by a conman.

I'm for putting Lay's head on a stick but also in apple in these folks mouth.



To: greenspirit who wrote (220298)1/20/2002 1:27:52 PM
From: E. T.  Read Replies (1) | Respond to of 769670
 
"The victim mindset of Enron employees is pathetic." What about full disclosure. Is Lay being honest with his employees if he tells them to buy stock in a company he is selling stock in.
I mean that is fair enough if he said, "Buy stock in Enron, I'm not, I'm selling, but you should buy." Many Enron employees were buying stock for their retirement, it doesn't seem right to me, that Lay would say to those people they should by enron stock. Perhaps it's better if Lay touted Enron stock to people outside the firm, you know, screw the world to protect the company's interests. But not screw your own.