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I understand the principle here, but the specific examples given here are a bit odd. >>> shareholders or innocent executives may lose their jobs Shareholders
by stegosaurus 10y ago
I understand the principle here, but the specific examples given here are a bit odd.
>>> shareholders or innocent executives may lose their jobs
Shareholders are unlikely to be affected to a large extent because their holdings in Enron would probably make up a small portion of their net worth.
Executives are paid large salaries and so can deal with the effects anyway.
I'd be much more concerned with the rank and file.
- HeyLaughingBoy 10y agoMany Enron "shareholders" were retirees whose retirement plans were heavy on Enron and they were basically wiped out.