\\so the fact that many ENRON executives got to walk away with their parachutes intact while COUNTLESS employees and retirees with utility company stock in their retirement portfolios were made PENNILESSS is OK with you?
Does the phrase "life is unfair" mean anything to you?
Investing involves risk. I am sorry people didnt dump their Enron stock when it was soaring. I personally looked at the stock and walked away from it. It tanked 6 months later.
The executives who worked for the company largely did so in good faith and ignorant of what was going on. Should they be punished for doing their jobs?
should the utilty company employees whose funded company retirements were completely wiped out be punished for doing THEIR jobs?
If their retirement funds were wiped out completely, isn't that punishment enough?
In any case, pension funds are guaranteed by the US Gov. But as mentioned, investment involves risk. Risk means you can lose your money.