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Enron Corp. - University of California | Office of The President

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to do so would incriminate them. While the defendants all personally pr<strong>of</strong>ited from this scheme,<br />

public investors – from <strong>Enron</strong> employees who purchased <strong>Enron</strong> stock for their 401(k) retirement<br />

accounts and lost their life savings, to public and Taft-Hartley pension plans which invested in <strong>Enron</strong><br />

securities and lost hundreds <strong>of</strong> millions <strong>of</strong> dollars – collectively suffered billions <strong>of</strong> dollars <strong>of</strong><br />

damages. <strong>The</strong> chart below shows the rise and collapse <strong>of</strong> <strong>Enron</strong>'s stock.<br />

Dollars Per Share<br />

100<br />

90<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

<strong>Enron</strong> Stock Price<br />

7/31/98 - 3/7/02<br />

Class Period 10/19/98 - 11/27/01<br />

07/31/1998 12/22/1998 05/18/1999 10/08/1999 03/02/2000 07/25/2000 12/14/2000 05/10/2001 10/08/2001 03/04/2002<br />

10/12/1998 03/08/1999 07/29/1999 12/20/1999 05/12/2000 10/04/2000 02/28/2001 07/23/2001 12/18/2001<br />

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