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Schadenfreude

by Flexo on February 28, 2006

in Uncategorized

If there is any consolation for me it all, it is that my net-worth is slowly but steadily climbing in a world where others’ numbers are quickly declining. For example, here’s the latest gossip about Ken Lay, thanks to CNN Money:

His $1.9 million trust will be depleted by legal fees, which will probably total $30 million. His retirement holdings have fallen from $68 million to only $3.5 million. According to the New York Times, Lay’s net worth is now sitting at $650,000, down from $400 million at its peak.

If that isn’t financial defeat, I don’t know what is.

By the way, I’ve selected a winner for the latest giveaway and I’ve emailed the winner for confirmation. If everything’s cool, I’ll announce later today.

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About the Author

Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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{ 3 comments… read them below or add one }

1 FMF February 28, 2006 at 7:37 am

I think something’s wrong — I didn’t get that email you mention. ;-)

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2 jim February 28, 2006 at 7:58 am

Lay deserves it.

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3 Patrice December 25, 2006 at 5:40 pm

I think you forgot a key point here: Lay’s fortune was not made because he was a hard worker or because he was a business genius or because he was investing smartly.

His fortune was built on sand as it was the result of defrauding others: employees and investors.

So, in your case, I would not call your sentiment “Schadenfreude” but simply justice served.

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