What a mess! I still did not have storing the FTP password correct
If you already have 11a2 installed and are having FTP login problems do the following:
1) open admin/em_includes/em_cipher.php
2) FIND...$ciphertext = addslashes( $ciphertext) ;
3) ...and remove that line.
4) Then from the EM Settings page reenter your FTP password and see if it works!