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Access: New York Times article Employees' Retirement Plan Is a Victim as Enron Tumbles dated November 22, 2001 at: http://www.nytimes.com/2001/11/22/business/employees-retirement-plan-is-a-victim-as-enron-tumbles.html Links to an external site.
- Access: New York Times article "Employees' Retirement Plan Is a Victim as Enron Tumbles" dated November 22, 2001 at: http://www.nytimes.com/2001/11/22/business/employees-retirement-plan-is-a-victim-as-enron-tumbles.htmlLinks to an external site.
Enron ended up in bankruptcy and some of its top managers resigned in disgrace and/or were prosecuted and convicted of various crimes. Beyond those consequences:
- What do you argue are the lessons learned with respect to the retirement plans for employees of Enron and its subsidiaries?
- Should the employees who lost some or all of their retirement plan value bear any responsibility for their losses? Why or why not?
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