My Enron stock and options were, at one point, worth $1.25 million. I watched them decline to the point where, for the past seven years, my monthly statement from UBS listed their value as $1.62 (not million).
I had grown used to seeing that $1.62 every month, but this month's invoice was different. For the first time, the official status on the statement showed as 'Worthless'.
There goes my last $1.62. So long, Enron stock, it was nice knowing you!
Wednesday, June 04, 2008
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