"JGalban via AviationKB.com" u32749@uwe wrote in message
news:735c640ba893b@uwe...
gatt wrote:

I don't defend Enron, but am also not entirely sympathetic to those who
"lost their whole retirement nestegg". I saw a lot of news stories
about
these unfortunate folks, but never heard a reporter ask them the obvious
question. "Why would a sane person invest their entire retirement nestegg
in
one company's stock?". Enron employees were not required to buy Enron
stock in their retirement plans. They did so because of one reason.
Greed.
They wanted to make high double and triple digit returns on their
investments
and threw caution and common sense out the window.

Enron was most definitely a scam, but common sense goes a long way
towards
minimizing the effect of any one bad apple on one's retirement portfolio.


Enron was hoping to corner the Carbon Credits market, and, as such, were BIG
promoters of Kyoto and it's biggest US champion (guess who).