Re: Follow-up question for those who respect cons, how about Dutch ?
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The Enron remark is total BS. Only 0.01% of shareholders were frozen from selling their shares - those were the Portland General employees who were locked into holding while the 401k plans were merged.
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There's also the Californians paying inflated energy prices and so on, but your point is valid. (Though I think your narrative of people 'knowingly' taking on risks is a bit flawed by leaving out the role that accounting firms, either as dupes or semi-willing participants, played in downplaying those risks.)
And regardless, are your really suggesting that there was no con played there?
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