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ENRON EXEC.

pops401pops401 Member Posts: 616 ✭✭✭✭
edited January 2002 in General Discussion
CNN just announced that Enron exec. John Baxter commited suicide.
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Comments

  • 22WRF22WRF Member Posts: 3,385
    edited November -1
    Yea sure so did Vince Foster....Wonder what the Clinton's are up to today???
    I Refuse to be a VictimGrumpy old man
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  • pops401pops401 Member Posts: 616 ✭✭✭✭
    edited November -1
    Did Jesse and Al have alibi's? They said he was found in his car at 2 AM. A clandestine payoff meeting maybe?
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  • competentonecompetentone Member Posts: 4,696 ✭✭✭
    edited November -1
    I've said it before the real fraud in the whole Enron issue has been the libel and slander, directed against Enron executives, by the news media. (And helped along by Senators and Representatives.)Enron was a trading company, they were "middlemen" in transactions. They were pioneering trading in "new commodities"; when setting up these "new trading businesses", Enron engaged in some "questionable" financing arrangements (probably nothing will ever be found to be illegal) which caused traders to lose confidence in the business overall--Enron lost customers in droves, which then triggered the stock price collapse.Many people holding the stock (whether in their 401K's or otherwise) have the strange idea that "somebody stole their money". Their ideas are just plain wrong; their stock VALUE was not the same as "money"--nobody "took" any money; the VALUE of their holdings dimished.Yea, it still hurts (I lost a few dollars too), but most who lost money are trying to point to someone else and say, "You! You took my money!" The real case is that they just did not understand what they were doing when they "owned stock".YOUR STOCK VALUE LISTED ON A BROKERAGE STATEMENT IS NOT THE AMOUNT OF "MONEY" YOU HAVE! If you don't understand that, you should not own stock, or mutual funds, or bonds, or any other investment devices.
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  • edharoldedharold Member Posts: 465 ✭✭✭
    edited November -1
    It was the decent thing to do.
    "They that would give up liberty to obtain safety deserve neither liberty nor safety"Benj. Franklin, 1759
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  • s.guns.gun Member Posts: 3,245
    edited November -1
    Could not believe what I heard about 6 this evening.A- K.D.K.A.(Pittsburg Radio Announcer)said he was going to be shredded.
    I am confused at times.We park on driveways anddrive on parkways.
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  • oldfriendsoldfriends Member Posts: 167 ✭✭✭
    edited November -1
    Pure and simple, he got popped. Knew too much.
    Life is Tough!It's Tougher if You're Stupid
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  • pops401pops401 Member Posts: 616 ✭✭✭✭
    edited November -1
    If I ever get down to $35,000,000.00, I'll probably end it all too. I've got a 24 hour watch on my computer at work. There's that "E" thing in Enron and Dell that has me worried.
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  • v35v35 Member Posts: 12,710 ✭✭✭
    edited November -1
    Maybe someone who just lost his pension or life savings couldn't take a joke and took him for a ride.Would you commit suicide with 35 megabucksin the bank.
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