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Fastpat, and some others, I worked for Portland General Electric which was bought by Enron in 1995? I didn't loose as much as some but it was plenty. The company changed our pension system for everyone who was 42 or younger, the older folks had a choice of the new plan or staying with the pension plan. I got the new plan (no choice), company payed 5% into your 401k and would match up to another 6%. The 5% and matching 6% was payed in enron stock which COULD NOT BE MOVED OR CASHED OUT BEFORE YOU WERE 55. I know guys who were 53, 51, 54 years old who had over a million in there 401k's. They dropped down to 300k to 400k. They won't be retiring at 55 like they had planned for so many years. So before you go calling people gullible and greedy, you need to know what the FUK YOU are talking about.
What should happen to those guys and what I would like to do to them isn't legal in this country.
Sorry if I offended anyone, it's been a sore subject around here.
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1972 Dodge Challenger
2011 Raptor
2013 Road King 110th Anniversary
2014 Corvette Z51 stingray
Single after 27 years married.
Last edited by Grog; 05-28-2006 at 11:03 PM..
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