The news media interviewed some of them and they were devastated. They lost their entire savings because 100% of their retirement was in Enron stock. On the other hand they violated the primary rule of investing and that is not to put everything in one vehicle. They actually got very greedy and thought that things could only go up. Still, people never learn and it will happen again and again to others.
----- Original Message ----- From: "MB Software Solutions, LLC" <[email protected]> To: "ProFox Email List" <[email protected]> Sent: Friday, January 06, 2012 6:00 PM Subject: Re: [OT] Kodak near bankruptcy > On 1/6/2012 4:42 PM, Nicholas Geti wrote: >> Yes. That is what happened at Enron and others. Gone. Zip. Nada. > > > Does the govt step in then and fund the pensions? I would think not. > Poor bastards. > > > -- > Mike Babcock, MCP > MB Software Solutions, LLC > President, Chief Software Architect > http://mbsoftwaresolutions.com > http://fabmate.com > http://twitter.com/mbabcock16 > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/C846EE7CF3DF45839480E25454BC8DCB@dual ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
