Political Quotes

Bill Nelson: We remember the very sad story of that lady. Her life savings was in the pension plan of the company, $750,000, and…

On the recordOctober 17, 2002
We remember the very sad story of that lady. Her life savings was in the pension plan of the company, $750,000, and because they would not let her get into that retirement account to sell it--while, by the way, the corporate executives were selling their stock--the value of that retirement fund for that Enron employee from Florida plummeted to $20,000. She lost her entire life savings.
Said by
Bill Nelson
Democratic · Florida

Editor's note · Context

Discussing the impact of the Enron scandal on employees during a Senate hearing.

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