Couloir Posted May 25, 2006 Share Posted May 25, 2006 (edited) And down they go... http://news.yahoo.com/fc/business/enron Edited May 25, 2006 by Couloir Quote Link to comment Share on other sites More sharing options...
DirtyHarry Posted May 25, 2006 Share Posted May 25, 2006 Werd. See ya in ten to twenty, bitches. Quote Link to comment Share on other sites More sharing options...
olyclimber Posted May 25, 2006 Share Posted May 25, 2006 If I were a Debbie Downer, I would say these dudes are just the fallguys and there are probably much bigger fish. Corruption, its what makes the world go round. Quote Link to comment Share on other sites More sharing options...
Couloir Posted May 25, 2006 Author Share Posted May 25, 2006 ...these dudes are just the fallguys and there are probably much bigger fish. You mean outside of Enron? These guys were pretty big fish. Quote Link to comment Share on other sites More sharing options...
olyclimber Posted May 25, 2006 Share Posted May 25, 2006 outside of enron. meaning, these guys are just the people at this level that got caught...and the justice department decided that these guys would go down. they don't have the money nor the time to go after everyone...so law enforcement usually just busts the low hanging fruit and that usually scares most people into complying to the law. thats my conspiracy theory for the day. Quote Link to comment Share on other sites More sharing options...
mountainmatt Posted May 25, 2006 Share Posted May 25, 2006 Werd. See ya in ten to twenty, bitches. I say give them even more. They destroyed thousands of peoples lives. I say give them life... Quote Link to comment Share on other sites More sharing options...
DirtyHarry Posted May 25, 2006 Share Posted May 25, 2006 outside of enron. meaning, these guys are just the people at this level that got caught...and the justice department decided that these guys would go down. they don't have the money nor the time to go after everyone...so law enforcement usually just busts the low hanging fruit and that usually scares most people into complying to the law. thats my conspiracy theory for the day. Thanks Art Bell, but those guys were the CEOs of Enron. Quote Link to comment Share on other sites More sharing options...
olyclimber Posted May 25, 2006 Share Posted May 25, 2006 and they are the only corrupt CEOs, I'm sure. the world is now a safe place from corruption. Quote Link to comment Share on other sites More sharing options...
DirtyHarry Posted May 25, 2006 Share Posted May 25, 2006 Well, there are the corrupt CEOs that are actually giant lobster aliens, but good luck capturing them. Quote Link to comment Share on other sites More sharing options...
olyclimber Posted May 25, 2006 Share Posted May 25, 2006 And what about corrupt administrators on CC.com? Are we safe from them? Quote Link to comment Share on other sites More sharing options...
olyclimber Posted May 25, 2006 Share Posted May 25, 2006 I'm a member of the Carlyle Group. Quote Link to comment Share on other sites More sharing options...
DirtyHarry Posted May 25, 2006 Share Posted May 25, 2006 They are harmless. They are probably drunk. But they haven't offered me a 401k or an investment plan yet. Quote Link to comment Share on other sites More sharing options...
olyclimber Posted May 25, 2006 Share Posted May 25, 2006 I have an infestment plan for you. Quote Link to comment Share on other sites More sharing options...
DirtyHarry Posted May 25, 2006 Share Posted May 25, 2006 O.K. Members Only, though. Quote Link to comment Share on other sites More sharing options...
mattp Posted May 25, 2006 Share Posted May 25, 2006 Yes, they are big fish for sure. But Oly could be right: there may be equally big fish or even bigger ones who they are NOT going to prosecute but who have done things just as bad. After all, some fairly spectacular cases have "gone down" - like remember when Martha Stewart got fried for insider trading? - yet I am pretty sure some major players continue to engage in the same conduct. I give 'em credit for at least getting these guys, though. Quote Link to comment Share on other sites More sharing options...
JayB Posted May 25, 2006 Share Posted May 25, 2006 If any of you commie homos could tear yourself away from the holistic regression therapy ads in the back of Mother Jones and read a real newspaper like the WSJ you'd know about the potentially huge options grant scandal that's unfolding (repricing option grants to coincide with share price dips that preceded big price increases) thanks to their investigative reporting, as well as the massive, multi-year, earnings-maipulation megacluster at FNMA that will probably make Enron look like someone stealing change out of a street musician's hat. Quote Link to comment Share on other sites More sharing options...
KaskadskyjKozak Posted May 25, 2006 Share Posted May 25, 2006 If any of you commie homos could tear yourself away from the holistic regression therapy ads in the back of Mother Jones and read a real newspaper like the WSJ you'd know about the potentially huge options grant scandal that's unfolding (repricing option grants to coincide with share price dips that preceded big price increases) thanks to their investigative reporting, as well as the massive, multi-year, earnings-maipulation megacluster at FNMA that will probably make Enron look like someone stealing change out of a street musician's hat. gee, Jay, say what you really mean. Quote Link to comment Share on other sites More sharing options...
cj001f Posted May 25, 2006 Share Posted May 25, 2006 Is Mclaughlin hiring? gee, Jay, say what you really mean. Quote Link to comment Share on other sites More sharing options...
mattp Posted May 25, 2006 Share Posted May 25, 2006 That's great, smart guy. I'm glad we have you around to do our homework for us. Does that change anything about Oly's point or mine? Are you suggesting that corporate America or the U.S. government is going to staighten up and fly right as a result of this? Quote Link to comment Share on other sites More sharing options...
KaskadskyjKozak Posted May 25, 2006 Share Posted May 25, 2006 That's great, smart guy. I'm glad we have you around to do our homework for us. Does that change anything about Oly's point or mine? Are you suggesting that corporate America or the U.S. government is going to staighten up and fly right as a result of this? when they don't toss their a*** in the slammer! Quote Link to comment Share on other sites More sharing options...
JayB Posted May 25, 2006 Share Posted May 25, 2006 I just couldn't pass up the chance to plug the WSJ and fling some gratuitous derogatory comments out there. Quote Link to comment Share on other sites More sharing options...
KaskadskyjKozak Posted May 25, 2006 Share Posted May 25, 2006 I just couldn't pass up the chance to plug the WSJ and fling some gratuitous derogatory comments out there. there are some accident threads and mounties bashing threads already out there for that purpose Quote Link to comment Share on other sites More sharing options...
JayB Posted May 25, 2006 Share Posted May 25, 2006 Matt - think of this as an opportunity to understand how the words "stock," "options grant," and "executive compensation" are linked together. You'll be able to rail against all three much more effectively if you take some money out of the "Kucinich/McKinney '08!" change-jar/campaign fund next to the spot where you leave your car keys and spend the dough on the WSJ instead. Quote Link to comment Share on other sites More sharing options...
DirtyHarry Posted May 25, 2006 Share Posted May 25, 2006 This is an even better opportunity for you, Jay, to learn how the words "pompous" and "asshole" are also closely linked together. Quote Link to comment Share on other sites More sharing options...
mattp Posted May 25, 2006 Share Posted May 25, 2006 I am so hurt that you would say something like that. Now, do you care to speculate on the degree to which this will change American corporate or governmental practices? I'm inclined to think these are important events and the prosecutors involed deserve some strong support, but less inclined to expect that the long term impact on a corrupt system will be huge. Maybe you think the system is not corrupt? Quote Link to comment Share on other sites More sharing options...
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