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The Chronicles of Enron

We all know the saying "don't put all your eggs in one basket." But workers are still way too invested in their own company's stock. MSN Money's Liz Pulliam Weston explains the danger of ignoring the lesson of Enron.

Enron, a name that's become synonymous with corporate fraud. This week two men went on trial for that fraud. Kenneth Lay and Jefferey Skilling are accused of conspiring to cook the books... and of keeping investors and employees in the dark about Enron's failing finances. (Photo: James Nielsen / (c) Getty Images)

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Marketplace Confessional

"Chris Farrell calls this a 'blue-collar recession'. According to journalist Nan Mooney and professor of financial law Elizabeth Warren, the white-collar middle-class may not be losing jobs, but they are falling behind in earnings and growing in debt, so are feeling -- and are -- less secure than their parents. Job loss, wage stagnation (or retreat) for white-collar workers, job insecurity . . . really rankle when we see the top 1 percent continue to grow richer each year, and often because today's business practices squeeze the rest of us till we bleed."

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