Enron employee, retirees recount loss of life savings as company collapsed Among the witnesses: Charles Prestwood, who retired after 33 1/2 years in the natural gas business, mostly with Enron, and lost nearly all his $1.3 million in savings; Janice Farmer, a retiree who had nearly $700,000 in Enron stock and now faces living on a $63 monthly Social Security check.

“We have been lied to and we have been cheated,” Farmer declared at the hearing, held to examine one of the biggest corporate failures ever.

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Ask Janice and Charles how they feel about ‘private investment’ of retirement funds.

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