Black People : ENRON - Why hasn't it been mentioned here?

Discussion in 'Black People Open Forum' started by Destee, Jan 23, 2002.

  1. Destee

    Destee destee.com STAFF

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    Hey Yall ... Wassup ??!!!

    I don't know a whole lot about it but there seems to be a bunch
    of folk that have lost jobs/money.

    Are we just waiting to see what comes out in da wash ...
    or do you figure it is "business as usual?" :)
     
  2. $$RICH$$

    $$RICH$$ Lyon King Admin. STAFF

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    destee

    many has lost there job due to bad sales
    and some even at da hands of what happen
    on 9/11.........right now K-MART here is talking
    about folding up ova 1000 job would be lost
    me as a stock holder lost a great deal of money
    in poor stock da market has crash big times
    yet if i pull out i could lose but to lay low
    as i watch my dividends come up again
    i think there will be a gain in da future......
     
  3. dnommo

    dnommo Well-Known Member MEMBER

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    the sad reality about this scandal is a small fact that many have missed. the one who saw the problems was dismissed last year. as she was packing boxes, she was using shredded paper from the company as packaging stuffing. while packing a box she noticed certain names on the documents and realized that the company was destroying documents pertaining to what she had discussed with them before.

    The company hung itself. 9/11, thousand of lives were destroyed by a foreign terrorist act. 11/11 thousand of lives were destroyed by a national terrorist act...stupidity and greed.

    Here's the question. When is the USA going to clean up it own backyard before attempting to clean up others...

    just a thought....
     
  4. $$RICH$$

    $$RICH$$ Lyon King Admin. STAFF

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    Mr.D

    our U.S of A can't see around them
    yet they look far and wide laying blame
    on others when it all started right at home
    the answer is one i sho nuff wanna know!

    we r being hit harder then one know
    and many with no jobs ...set for a rude awaken
    crime rate will reach it's peek in da year to come

    wit Enron//K-Mart//Ford going down million of jobs
    lost and in our own home front i see destruction....:eek:
     
  5. Destee

    Destee destee.com STAFF

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    Yes $$RICH$$ for sure ... the economy is taking a beating!

    Kemetstry ... I heard that many companies had invested their
    employee's retirement funds, etc., in ENRON ... it will trickle ...

    Dnommo ... speaking of cleaning up one's own backyard ... I've
    thought often of the abortion clinic bomber/killer that authorities
    can't find right here in the U.S. ...
     
  6. $$RICH$$

    $$RICH$$ Lyon King Admin. STAFF

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    yeah! KEM

    i was thinking da same thang !
    well we see what come of it all
     
  7. dnommo

    dnommo Well-Known Member MEMBER

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    how true Kem...Enron was offering their employees 19 different options for their reitrement (401K) which is why most fo the employees never diversified. It was the easy way to keep the money in house: give them enough options and show how strong the stock is and you can continue to spend the people's money...The only one that got out without being bankrupt is the higher ups who was selling off blocks of shares before all this went down.

    Things that kae you go hmmmm:

    If your boss sells all of his shares of the company stock, you might be working for a bankrupt company...

    If the price per share goes from $32.00 to 32cents, you might be working for a bankrupt company...

    If you see at least 50 new employees coming in each week and yet you haven't received a bonus of pay increase in four years, then you might be working for a bankrupt company...

    If your boss tells you to shred a box of papares that says CONFIDENTIAL on his way to his four vacation in two months, you might be working for a bankrupt company...

    okay y'all...i'm playing now so i'll stop but my point is that there is writing on the wall...never work for a company that you don't know what going on until it's too late. Stock prices will definitely tell you when there's a shift in the wind...

    one.
     
  8. hi-wa

    hi-wa Well-Known Member MEMBER

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    one thing to say on the subject please*****

    the gov't has it's name all ova this one.
    read between the lines.
    oh, and the news reporters were bought to tell a story too.
    rememba dat.

    everything is poliTIKal.
    guard ya grill.
    hw
     
  9. Destee

    Destee destee.com STAFF

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    Ken Lay's conviction tossed out by judge

    I guess it is business as usual ... even if it takes a few years to manifest itself.

    Yall think he's really dead? Seems like a mighty convenient death to me.

    :heart:

    Destee
     
  10. Omowale Jabali

    Omowale Jabali The Cosmic Journeyman PREMIUM MEMBER

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    Good question. Enron was a hot topic a few years ago so perhaps it's a situation that has "played out".

    It's still a topic that comes up here in the Texas governorial campaign though.
     
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