January 25, 2002
Former Enron exec J. Clifford
Former Enron exec J. Clifford Baxter killed himself today, despite grabbing $35 million in stock sales while he and a few friends knew how doomed the company was. Or maybe he sensed that, when the Congresspeople you've been greasing for years suddenly turn on you, and even the President and John Ashcroft wash their hands of you...well boy, you're ****ed harder than a doughy middle-aged former energy company executive thrown into the general population at Huntsville Prison. Well, if there was a chance any of these guys might serve a day in jail, that is.
Interestingly, on the news of Baxter's suicide, many Wall Street firms said this is a great time to buy Enron stock.
Posted by michaelf at January 25, 2002 11:24 PM
