The news media interviewed some of them and they were devastated. They lost

their entire savings because 100% of their retirement was in Enron stock. On

the other hand they violated the primary rule of investing and that is not

to put everything in one vehicle. They actually got very greedy and thought

that things could only go up. Still, people never learn and it will happen

again and again to others.

----- Original Message -----

From: "MB Software Solutions, LLC"

<mbsoftwaresolutions@mbsoftwaresolutions.com>

To: "ProFox Email List" <profox@leafe.com>

Sent: Friday, January 06, 2012 6:00 PM

Subject: Re: [OT] Kodak near bankruptcy

> On 1/6/2012 4:42 PM, Nicholas Geti wrote:

>> Yes. That is what happened at Enron and others. Gone. Zip. Nada.

>

>

> Does the govt step in then and fund the pensions? I would think not.

> Poor bastards.

>

>

> --

> Mike Babcock, MCP

> MB Software Solutions, LLC

> President, Chief Software Architect

> http://mbsoftwaresolutions.com

> http://fabmate.com

> http://twitter.com/mbabcock16

>

[excessive quoting removed by server]

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