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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?


To: Gordon A. Langston who wrote (157)1/15/2002 1:16:59 PM
From: stockman_scott  Read Replies (2) | Respond to of 3602
 
<<Enron made all of its matching contributions in Enron stock and the plan prohibited
participants from touching that stock until they reached age 50.>>

The lawyers leading the class action lawsuits will be all over this...=)



To: Gordon A. Langston who wrote (157)1/15/2002 1:42:30 PM
From: Yogizuna  Read Replies (1) | Respond to of 3602
 
The law has to be changed, placing some type of cap on the defined contribution plans. Even a 40 or 50% cap would be much better than no cap at all. Fertilizer happens, and arrogant management types often step in it....