I have found the events of the last two months to  be among the most unsett= ling in my 15 years of owning stock in public  companies.
I have sold my 1= ,800 shares of Enron Corp. because I no longer  have faith in the board to = be a good watchdog for the best interests  of the shareholders.
I just don= 't understand how senior managers can  manipulate the financial results of = the company for the past five years and only  recently be discovered.
I ex= pect the board to act as more than a lap-dog  for senior management.
I am = encouraged you turned down the chance to  accept a $60 million payday for t= his merger that salvages what little  shareholder value remains in Enron.
= I would expect the board to seek  repayment of any and all bonuses paid to = senior managers based on these  inaccurate financial results, including the=  estimated $30 million paid to the  CFO, who allegedly is the architect of = this scheme to defraud  stockholders.
Had I known the company was apparent= ly built on smoke and  mirrors, I would have sold my stock long ago and not=  be forced  to watch my  children's college fund be pocketed by executives = who have little regard for the  stockholders they were hired to serve.
I g= uess the only lesson I can take  from this is that no company, no matter ho= w large or prestigious is safe from  dishonest management.
I do not includ= e you in this group, but I do believe  you and the board bear some blame fo= r allowing this happen for the past five  years.
=20 Wayne Heilman Former Enron Stockholder

Upset stockholder
I have found the events of the last two months to be among the most unsett= ling in my <NUMBER> years of owning stock in public companies.
I have sold my <NUMBER>= <NUMBER> shares of <COMPANY> Corp. because I no longer have faith in the board to = be a good watchdog for the best interests of the shareholders.
I just don= 't understand how senior managers can manipulate the financial results of = the company for the past five years and only recently be discovered.
I ex= pect the board to act as more than a lap-dog for senior management.
I am = encouraged you turned down the chance to accept a <CUR><NUMBER> million payday for t= his merger that salvages what little shareholder value remains in <COMPANY>.
= I would expect the board to seek repayment of any and all bonuses paid to = senior managers based on these inaccurate financial results, including the= estimated <CUR><NUMBER> million paid to the CFO, who allegedly is the architect of = this scheme to defraud stockholders.
Had I known the company was apparent= ly built on smoke and mirrors, I would have sold my stock long ago and not= be forced to watch my children's college fund be pocketed by executives = who have little regard for the stockholders they were hired to serve.
I g= uess the only lesson I can take from this is that no company, no matter ho= w large or prestigious is safe from dishonest management.
I do not includ= e you in this group, but I do believe you and the board bear some blame fo= r allowing this happen for the past five years.
=<NUMBER> Wayne Heilman Former <COMPANY> Stockholder
watch children board good bonuses paid senior don understand results including estimated managers manipulate financial smoke mirrors sold corp longer faith allowing happen past ling number