Re: Why is Lou selling some shares

[ken shields <kjs@xxxxxxxxxxx>]

        No , actually I was just making light of the whole fiasco.
        The entire situation reminds me of a term coined by the author M.Scott
Peck, that is one of "Instutionalized Evil".
        IMHO, the entire business should be scrutinized by the criminal
investigation arms of the FBI, and IRS.
        From what I've garnered from the information so far, this conspiracy of
greed, has badly affected the lives of thousands of investors and
employees, and had severely impacted the confidence of the American
investment community...anon
        There is always a thin line between prudent business activity and
criminal action, and in this case, I'm certain the latter, is the cause
of the collapse.
        I believe the IRS, has the power to freeze all assets in an ongoing
criminal investigation.They could start with the
management's gravy payouts.
        BTW...knowingly selling worthless stock is no no too.
Ken


Chris Rehm wrote:
>
> I hope you don't really believe that Enron's collapse was because the
> execs exercised their stock options.
>
> I'd think they were crazy if they didn't have their money in a number of
> accounts here and abroad. Where else would they keep it? In their
> mattress? Are they laughing about all the millions of dollars they
> aren't going to be making this year and next now that Enron has failed?
>
> They are certainly not hurt the same way their employees were. No are
> they hurt the way investors were. They collected money from those
> investors (by selling stock to them). But let's not get foolish about
> what happened.
>
> ken shields wrote:
>
> >When they sold all their stock, that resulted in Enron's collapse.
> >My guess is, they squirreled in another account in that offshore trust,
> >and are all laughing.
> >
>
> >--
> >Best Regards
> >Ken Shields