they did talk to the trading floor yesterday and everyone was upset.  the only thing i can say for him is that at least he has hung around and stood in the fire.  skilling and fastow bolted.  i have no respect for them.  i guess his golden parachutte was in place since 89, but that was a situation in which the company is trading at 80 and we are taken over at 110.  not 90 down to 10.  

 -----Original Message-----
From: 	Hal Lenhart <Hal.Lenhart@apollogrp.edu>@ENRON  
Sent:	Wednesday, November 14, 2001 12:02 PM
To:	Lenhart, Matthew
Subject:	Golden Parachute

I read in the WSJ that Lay is foregoing his $60.2 million parachute. How
thoughtful! The article said that considerable pressure was exerted by the
trading department. Were you in on any of it? Hooray for the trading
department. Lay took a chunk out of Enron over the years. Can the trading
department go after Skilling and Fastow?