Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (17641)	3/31/2002 9:26:08 AM
From: elmatador	Read Replies (1) of 74559

"I had this dream of having $1 million in the bank and living off the interest," nytimes.com Outrage Is Rising as Options Turn to Dust By GRETCHEN MORGENSON t was February 1999, and after 10 years of work in the communications industry, Kimberly Smith was about to realize her dream. A single mother with an infant son, Ms. Smith had amassed $1.1 million in savings and in stock options on WorldCom (news/quote) shares that she had received as an engineering director. Finally, she had enough to cash in her chips and stay home with her child. "I had this dream of having $1 million in the bank and living off the interest," she said. "That seemed really safe."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next