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To: palmer
Enron's 401(k)s were heavily weighted with their own stock. I was shocked to find that out later.
13 posted on 01/06/2004 10:02:50 PM PST by goody2shooz
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To: goody2shooz
Their 401k matching contributions were in Enron stock just like most other companies. Employees were prohibited from selling those matching contributions essentially until after retirement. But some employees chose to put their own contributions into company stock. That's just stupid.
14 posted on 01/07/2004 5:56:32 AM PST by palmer (Solutions, not just slogans -JFKerry)
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