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Tuesday, March 20, 2007
Man who lost retirement money to Enron wins $182.7M jackpot
It's the feel-good story of the day.
(Oregonian)
Mar 20, 2007 8:06:30 AM
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They should just stick an age requirement on how old you must be to purchase a lotto ticket because if you are under the age of 55 the chances of you winning diminish greatly.
I wonder what the Vegas odds are that they will get scammed a second time?
Posted by: | Tuesday, March 20, 2007 at 08:15 AM
Anon: Are you going to try to bring us down all day today?
Let us know up front so we can avoid reading comments.
Posted by: ssw | Tuesday, March 20, 2007 at 08:27 AM
No, I will type under some false names like everyone else so you will all be confussed. Is that better?
Posted by: ssw | Tuesday, March 20, 2007 at 08:36 AM
If he lost all his money how was he able to afford lotto tickets?
Posted by: SwarthyTroll | Tuesday, March 20, 2007 at 08:53 AM
Hmmm, must be "Let's start of with biting posts" day here at the OS&RR. I'll bet some water plant worker whizzed in the water supply.
Posted by: | Tuesday, March 20, 2007 at 09:00 AM
*off*
Posted by: | Tuesday, March 20, 2007 at 09:00 AM
SwarthyTroll: he stole change from a hobo to buy lottery tickets.
Posted by: beanspants1 | Tuesday, March 20, 2007 at 09:13 AM
Finally, Karma has worked for this guy!!!! Hooray!!!
Posted by: JimmyVa | Tuesday, March 20, 2007 at 09:19 AM
This is a perfectly happy salt of the earth guy who goes fishing with his neighbors and has worked for the same company for 35 years. He doesnt need $59 million. No one does. This windfall will change his life and it wont be for the better.
Posted by: | Tuesday, March 20, 2007 at 09:20 AM
Is Ken Lay dead or alive? I seem to vaguely remember that that vulture died a year or so ago...
Posted by: vksjk | Tuesday, March 20, 2007 at 09:33 AM
Dead. What a shame... I wanted to see him swinging from the gallows.
Posted by: | Tuesday, March 20, 2007 at 10:10 AM
Is he really dead? Did anyone check his coffin?
My money is on Dick Cheney spiriting him away to an undisclosed location, probably some tropical hideaway.
Posted by: ssw | Tuesday, March 20, 2007 at 10:15 AM
There are better "feel-good" stories today. The barmaid guardians for one. Finding the missing 12-year-old boy scout is another. And the guy on the ice floe story even trumps this one. Okay... I'm done being pedantic. Please go on about your business.
Posted by: Tas | Tuesday, March 20, 2007 at 10:53 AM
Please focus on the lottery and leave me alone
Posted by: Ken Lay | Tuesday, March 20, 2007 at 11:13 AM
'No, I will type under some false names like everyone else so you will all be confussed. Is that better?'
At least we use names (this is my real name by the way...)
And I say I'm glad the guy won! He worked for 35 years and got royally screwed! he deserves a break!
Posted by: Rusty | Tuesday, March 20, 2007 at 11:15 AM
Testing, Testing... 1,2,3...
Posted by: Rusty | Tuesday, March 20, 2007 at 11:28 AM
I think it his winning is fantastic. Our school system is set up to produce worker/comsumers who are told that if you work hard, you can achieve the 'american dream'. Predicated, of course, on the idea that the company you devoted all of that time to will maintain their responsibilities.
Enron taketh and kismet giveth.
It would be truly wonderful if he shared it with all of his Enron coworkers, also victims of the grandest larceny of all. Even a little. Too bad he probably wouldn't get a 'tax break' for it either.
Posted by: invah | Tuesday, March 20, 2007 at 11:33 AM
*consumers
Blast!
Posted by: invah | Tuesday, March 20, 2007 at 11:39 AM
So how did the Enron employee have his 401k 'taken'? Doesn't a third party manage those? Unless this guy was a retard and invested all his money into company stock...my company specifically tells us NOT to do that!
Anyway, good for him, I hope he blows it all on hookers and booze!
Posted by: Sean, Torrington CT | Tuesday, March 20, 2007 at 11:40 AM
More power to the guy-the fact that he totally got screwed by Enron just makes the fact that he won all the better.
Posted by: pnwgal | Tuesday, March 20, 2007 at 11:43 AM
Not all companies give you control of where your retirement funds are invested. Investing it right back into the company gives the thieves even more money to loot.
Posted by: invah | Tuesday, March 20, 2007 at 11:52 AM
Sean,
Enron workers found themselves over-exposed to Enron stock because the company matched employee contributions to pension plans with Enron stock.
I had the same deal when I worked for an investment bank. You don't have the option of reallocating the funds.
Many employees also (foolishly) invested additional money in company stock, compounding the issue.
So, while the money wasn't "taken", Enron's corporate policies set up a situation that wrecked a number of employees retirement portfolios when it crashed. The situation wasn't fully in the employees' hands.
Posted by: john a | Tuesday, March 20, 2007 at 12:02 PM
Testing, Testing... 1,2,3...
Someone is posting under my name...
Posted by: Rusty | Tuesday, March 20, 2007 at 12:07 PM
I'm sorry, some 3rd grader is posting under my name...
Posted by: Rusty | Tuesday, March 20, 2007 at 12:08 PM
Typicaly rank and file employees often have little say in how their retirements are set up and/or invested.
Posted by: vksjk | Tuesday, March 20, 2007 at 12:09 PM
Just be happy for someone else. It's ok for other people to win something in life. Don't you wish it was you?
Posted by: | Tuesday, March 20, 2007 at 12:45 PM
Just be happy for someone else. It's ok for other people to win something in life. Don't you wish it was you?
Posted by: gretta | Tuesday, March 20, 2007 at 12:55 PM
I am so glad that someone who was screwed over by Enron has come out better than on top! I just wish that that sort of thing happened more often to people who really need it. But still, I am very happy for the man and I hope that the changes he will encounter will be positive.
Posted by: becky | Tuesday, March 20, 2007 at 01:13 PM
Search google for this guy and take a look at why he doesn't want people to see his face..He has a VERY shady past.
Posted by: | Wednesday, March 21, 2007 at 08:14 AM
"owns a goose egg incubator..."
That tidbit alone made me giggle.
Posted by: Swangirl | Wednesday, March 21, 2007 at 08:55 AM
me too swangirl!
Posted by: T | Wednesday, March 21, 2007 at 02:58 PM
I googled Dan Gannon. Seems the name is very common, so unless you can point out which site refers to him specifically, I'll take it you are just blowing smoke out your ass.
Posted by: | Wednesday, March 21, 2007 at 04:41 PM
http://www.nizkor.org/ftp.cgi/ftp.py?people/g/gannon.dan/press/jhr-0895
Posted by: | Wednesday, March 21, 2007 at 05:30 PM
Well if that isn't just the most conclusive evidence I have ever seen, my fellow anon. I guess if we ignore the fact the winner lives in Milwaukie and the Jew hater you reference lives in Portland. Oh, but you will argue they are in the same area of Oregon, so it must be the same one.
Well keep your shorts on, oh wise one. Check out these links:
http://64.233.167.104/search?q=cache:d4mSF3aN8HwJ:profiles.yahoo.com/dgplexus1+dan+gannon+portland+or&hl=en&ct=clnk&cd=28&gl=us
and:
http://hyperreal.org/raves/nw/white-pages-a-l.html
This Dan Gannon is 32 (not 60, like the lottery winner), attends raves (pretty unlikely for an old married guy), and lives in PORTLAND.
I'm not saying this is the racist Dan Gannon, nor am I excluding that the lottery winner could be the racist Dan Gannon. What I am saying is that you should have rock solid proof before you start pointing the finger.
Should you decide to hang around and don't want others to confuse you with me, try using the handle 'Slanderer'.
Posted by: | Wednesday, March 21, 2007 at 05:54 PM
I just closely read your referenced site, fellow anon. I think it's pretty unlikely that this Dan Gannon is the same as the lottery winner.
"From the bedroom of his tidy, modest home in Portland,
Oregon, a soft-spoken young computer prodigy named Dan Gannon"
Article was written in 1995. The lottery winner is 60. In 1995 he would have been 48. Nobody describes a 48yo as "young". Home is in Portland, lottery winner lives in Milwaukie.
Posted by: | Wednesday, March 21, 2007 at 06:06 PM
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Posted by: Eretewineemiz | Thursday, November 08, 2007 at 08:10 AM
For those of you who are curious... hmmm.... should I say....THE DAN GANNON who won the powerball, is the father of the Nazi Dan Gannon. This is true, I know because I know the family personally, however ,I am not sure that the father is having anything to do with the son. There you have it guys of interest....
Posted by: the one who knows | Saturday, August 16, 2008 at 12:29 AM