Re: Why is Lou selling some shares

Ken,
My point would be that you have been convinced of a crime by media
reports. It seems, from your post, that you already "know" they are
guilty and it is just a matter of whether or not they can be brought to
justice.

Wouldn't it be preferable to make that decision after all the facts are in?

I'm not saying that no crime or fraud was committed. I just haven't seen
it yet. Yes, the execs sold off stock, but then all execs in all
companies do that as a way of collecting their pay. Yes, employees
couldn't move their own stock options, but wasn't that because their
retirement plan guidelines forbid it? I don't know all the facts and I'd
prefer to see them before making a decision about whether or not crimes
were committed and who is guilty of those crimes with a little more to
go on than just the media hype of Enron's collapse.

ken shields wrote:

>       My guess is it was formulated by just a few clever
>people, I don't believe the entire rank and file knew what was going on.
>       Business community faith in 'audited financial statements' has been
>shaken.
>       With considerable judicious work, I believe they will uncover the scope
>and names of those involved.As to whether or not they will be brought to
>justice is anybody's guess.
>       Makes for a good novel though....LOL
>Ken
>
--
Chris Rehm
javadisciple@earthlink.net

Beloved, let us love one another: for love is of God; and every one
that loveth is born of God, and knoweth God. 1 John 4:7