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.
Published or updated February 28, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.