Ken Lay is dead...

[TXSUT]

...and may he rot in Hell.

http://money.cnn.com/2006/07/05/news/newsmakers/lay_death/index.htm?cnn=yes

[H1Slantback]

Its a big round World. Things always come back to you!

[DRTYFN]

Its a big round World. Things always come back to you!

Yes, it does.:D:D

[HummBob]

Death is TOO GOOD for him:mad:

I wanted him to be BUBBA's BITCH for a few years:eek:

[H1Slantback]

Maybe he realized that was his fate and thats what triggered the heart attack.

[H2 GTS]

The news said he was supposed to give back $10 million dollars because of illgotten gains, but he told them that he and his wife were "nearly out of money".


He had his heart attack in Aspen...where everyone goes when they are "nearly out of money"

[ShaggyX]

I can't afford to go to Aspen. My boss doesn't pay me enough. ;) j/k (sort of). :cool:

BTW...didnt really follow the case...but we did this guy do (other than embezzle money and run a company into the ground) to deserve to rot in hell? Seems to me that stealing...even on a grand scale doesn't really warrent rotting in Hell. Purgatory maybe, but not hell. Maybe that's just me though. :)

[dеiтайожни]

You'll understand when you get a little older, Shaggy.

[PARAGON]

You'll understand when you get a little older, Shaggy.No he won't

[dеiтайожни]

No he won't

Agreed.

[HummBob]

I can't afford to go to Aspen. My boss doesn't pay me enough. ;) j/k (sort of). :cool:

BTW...didnt really follow the case...but we did this guy do (other than embezzle money and run a company into the ground) to deserve to rot in hell? Seems to me that stealing...even on a grand scale doesn't really warrent rotting in Hell. Purgatory maybe, but not hell. Maybe that's just me though. :)

The problem Shaggy, is that the BASTARD and his cronies LIED so much about the WEALTH/HEALTH of the company, that it caused average people to INVEST their hard earned money in their stocks. Once it was evident what was going on, the stocks plummeted as everyone was trying to SELL SELL SELL. Ken Lay and his buddies, knowing what was happening, sold ALL of their stocks making TONS of cash, where the average person LOST all/most of their money. Lots of people lost their retirement saving to these bastards!:mad:

[KenP]

I read about this in the OffTopic section.:p

[ShaggyX]

The problem Shaggy, is that the BASTARD and his cronies LIED so much about the WEALTH/HEALTH of the company, that it caused average people to INVEST their hard earned money in their stocks. Once it was evident what was going on, the stocks plummeted as everyone was trying to SELL SELL SELL. Ken Lay and his buddies, knowing what was happening, sold ALL of their stocks making TONS of cash, where the average person LOST all/most of their money. Lots of people lost their retirement saving to these bastards!:mad:So it is their fault that "average people" are dumb enough to invest their retirement savings in the stock market? Seems like you would have to be pretty fcuking stupid to rely on the Stock Market (which has "Crashed" a few times in the past) to finance your retirement...but thats just me. :rolleyes:

That said...the guy deserved to rot in a jail cell...but "rot in hell" seems extreme...although I don't believe in hell so it is really a moot point.

[PARAGON]

So it is their fault that "average people" are dumb enough to invest their retirement savings in the stock market? Seems like you would have to be pretty fcuking stupid to rely on the Stock Market (which has "Crashed" a few times in the past) to finance your retirement...but thats just me. :rolleyes:

That said...the guy deserved to rot in a jail cell...but "rot in hell" seems extreme...although I don't believe in hell so it is really a moot point.Ummm...... Shaggy, just for the sh!ts and giggles, where do you think the "average person" finances their retirement?

[ShaggyX]

I would imagine 401k's, CD's, and MM Accounts would be a safer...smarter way to go. Return isn't nearly as good, but you are less likely to lose everything. Personally...I would rather be in control of my retirement rather than leave it to chance. My money is in my matress. :D:);)

[HummerNewbie]

My money is in my matress. :D:);)

Sorry Shaggy, just saw on your local news about your house being on fire, that really sucks :eek: :p

[PARAGON]

I would imagine 401k's, CD's, and MM Accounts would be a safer...smarter way to go. Return isn't nearly as good, but you are less likely to lose everything.That's just stupid! :rolleyes:

Just as I expected. You seem to have this reverse idealogy with money matters, anyway.

[CO Hummer]

I would imagine 401k's, CD's, and MM Accounts would be a safer...smarter way to go. Return isn't nearly as good, but you are less likely to lose everything. Personally...I would rather be in control of my retirement rather than leave it to chance. My money is in my matress. :D:);)

Shaggy,
You'll be set up nicely with your military pension. Don't worry about it.

[ShaggyX]

Why would a steady return, low risk savings be stupid, while higher return...higher risk savings be smart? Wouldn't consistent 5% return be safer/better than a 20% return that could turn into a -100% return? Seriously.

[KenP]

Why would a steady return, low risk savings be stupid, while higher return...higher risk savings be smart? Wouldn't consistent 5% return be safer/better than a 20% return that could turn into a -100% return? Seriously.It's called diversifacation. A relatively new concept.

[HummBebe]

Why would a steady return, low risk savings be stupid, while higher return...higher risk savings be smart? Wouldn't consistent 5% return be safer/better than a 20% return that could turn into a -100% return? Seriously.

I think that thought process directly relates to your age....you talk estate planning/investing like your 75 :D ;) j/k

[PARAGON]

Why would a steady return, low risk savings be stupid, while higher return...higher risk savings be smart? Wouldn't consistent 5% return be safer/better than a 20% return that could turn into a -100% return? Seriously.I was referring to YOU being stupid. A 401K is nothing like a MM account or a CD which are both banking products.

One of the reasons so many people are pissed off about the Enron deal is that much of the Enron employees' 401Ks were vested in Enron stock. :rolleyes:

[dеiтайожни]

This movie is funny. (http://imdb.com/title/tt0369441/)