Quote:
Originally posted by Superman
As Jim says, that is what's happening. In the Enron case, the judge seized the funded defined benefits program to help pay stockholders. That is the most complete ****ing horse**** bull**** asinine crap I have ever heard of. Why in the world would workers' retirement monies be used to cover the mistakes of management and pay off investors that accepted the risk in the first place? Bull****. Pure bull****.
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+1 that was/still is plain wrong. Huge difference between
investing (taking a risk) and the poor guys who worked, paid into a system expecting to have these funds to live on in his golden years.