To: Buckeroo
If the employees were fraudently locked out of their assets, then the plan's insurance policy may help. PBCC coverage doesn't apply to these thype of plans, but if itwas fraud, then I would not be adverse to a "look-back" provision to make them whole, with the govt then stepping infront as prime creditor to recover any assets to offset the settlement..
73 posted on
01/11/2002 8:56:11 PM PST by
ken5050
To: ken5050
I love these drafts about "insurance clauses." Is this what a government is about? Will the government "bail-out" ENRON with my hard earned money?
76 posted on
01/11/2002 9:01:08 PM PST by
Buckeroo
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