On 2 December, Enron filed for bankruptcy protection. Ten days later, Enron presented its restructuring plan and announced a debt of $22 billion. It was the biggest bankruptcy of a private company in the United States. The share price collapsed from $90 to $1 in a few months. To fudge their accounts, the managers had created 3,000 offshore companies through which they hid the losses. As a result of the lawsuit, 27,000 of the 28,000 employees were laid off and lost $1.2 billion in retirement savings.
25 October 2001
2 December 2001
The natal chart of President or King can be consulted as universal chart in world astrology for his country and even more so for the “World Number One”. It is understood that he has no direct responsibility for the facts presented.
- On 25 October 2001
- Age: 55,30 years old.
- Jupiter-Saturn period.
- Position of the degree of the year: 22°40′ of Pisces close to the degree of Venus (21°31′). This sector is of Feeble force (at the end of the House VIII).
- Position of the degree of the day: 11°14′ of Cancer. It is in conjunction with the Sun (at within 2°33′) and the transit of Jupiter (at within 4°21′), in the House XII.
- On 2 December 2001
- Age: 55,40 year old.
- Jupiter-Saturn period.
- Position of the degree of the year: 23°08′ of Pisces close to the degree of Venus (21°31′). This sector is of Feeble force (at the end of the House VIII).
- Position of the degree of the day: 18°43′ of Leo. It is positioned in conjunction with Venus (at within 2°48′) et and at the Ascendant (at within 11°45′). It is on a degree of Jupiter in Leo (18°09′).
The energies of the year are identical for the two dates.
Saturn is the Master of the period. It is of Very Evil quality in Cancer, its sign of Detriment. It is of Very Powerful force (conjoined to the Sun and the Ascendant).
Venus, at the point of convergence of the year, is of Feeble force in House VIII. Saturn gets domination. It was a difficult year! Indeed, after the attack on the World Trade Center, the most spectacular private bankruptcy in the United States occurred.
Enron bankruptcy -Analogies
- On 25 October 2001: The dismissal of the financial director and the very important losses are announced by the position of the Sun, which undergoes a conjunction to Saturn, the Master of the period. This is the place of the greatest tensions, it is of Very Evil quality and Very Powerful force.
This sector is also under the influence of a transit of Jupiter. It is of Very Beneficent quality, in Cancer, its sign of Exaltation. But it should be noted that these energies are in the House XII, the house of legal problems, and that Jupiter also is governor of the House VIII, the house of the end of things. The Sun-Saturn conjunction indicates that the dismissal is revealed to the public and the transit of Jupiter brings temporary protection, the real losses are not revealed and the culprits are not arrested, nor sentenced yet.
- On 2 December 2001: The Enron company obtained a legal proceedings of bankruptcy.
This degree of the day in Leo is conjoined to Venus. Venus doubly means the supports by its nature and because it is the governor of House XI, that of prop in Taurus. It is of Beneficent quality and Powerful force (at the Ascendant). It is in analogy with the solutions which can to relieve the problems.
Jupiter is of Beneficent quality and Powerful force in Leo. It symbolizes the judicial world in particular. It is the determining factor of this legal proceedings which gave the Enron company time to find new partners.
This entry was posted Thursday, July 12th, 2012 à 5:25 pm and is filed under Finances.
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