From: "Robert G Lewis" 

So  its their fault for believing what their management and advisors told them.

its one thing to lose due to the market, its another to loose due to
misstated financials. Some of those involved should loose ALL of their
assets to repay those who lost.

I know that in some of my previous jobs ALL matching funds were placed in
company stock. I had no choice in the matter, Not my decision to make.

Bob Lewis

"Ellen K."  wrote
in message news:mldfs055tdog7cujg4p0vq919467klmm2d{at}4ax.com...
> Nobody should have such a huge percentage of their retirement money in
> any one stock.   If 2% of your money was in Enron you could have lost
> the whole thing without it being a big deal.  If 100% of your money was
> in Enron, you made a poor decision.
>
> On Mon, 20 Dec 2004 00:12:08 -0600, "Robert G Lewis"
>  wrote in message :
>
>>
>>"Ellen K."
 wrote in message
>>news:9lmcs0hfarjgencngfi5niqkk0i1beqbq2{at}4ax.com...
>>> People lose money in the market because of poor decision-making, not
>>> because of "bad luck".
>>>
>>>
>>
>>Bad decisions in some cases made due to being lied to. Think Enron,
>>WorldCom
>>HealthSouth etc.
>>
>>Bob Lewis
>>
>

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