[BipolarBob]

All I know was what was brought out in the trial. I spotted that when they (the execs) saw Enron was about to implode they imposed illegal rules to prevent stock collapse before they safely saw their own stock sold.

[Fury]

Employees really need to diversify their portfolios. As I understand it in just taking a look on-line, the employer match was in Enron company stock.

From the www.enronerisa.com/plan.html page:

"Enron is the sponsor of the Plan. The participants of the Plan were permitted to contribute from 1% to 15% of their eligible base pay to the Plan. Participants directed the investment of their contributions, in 1% increments, to the various investment options available in the Plan. Most of these options were diversified mutual funds. (emphasis added) However, the options also included the Enron Corp. Stock Fund and the Enron Oil & Gas Stock Fund (without distinction, the "Company Stock Funds"). The Company Stock Funds invested solely in company stock (and a small portion in cash equivalents for liquidity). Enron matched participants' contributions, at certain specified percentages, by making contributions to the participants' account into the Company Stock Funds. These investments were frozen in the Company Stock Funds in most cases until the participant reached age 50."

So, it would appear the employees had the ability to diversify their contributions to the 401(k) plan, but that many did not. Ultimately, that portion of their 401(k) plan was their responsibility.