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Author: joetangerine Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25316  
Subject: Re: DO NOT let this happen to your 401k! Date: 12/19/2001 6:47 PM
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Posting from scottfm at WCOM board:

some MCI old timers might relate to this. or anyone who works/worked for Nortel, Enron, or any of the other companies who have seen their 401K's drastically reduced as a result of not diversifying or not being able to from their company's stock.

The topic of the article reminds me of an intersection we have out here near work. Seems like there's an accident per month out there, yet the city won't take the necessary step of putting in a traffic light until someone is killed (or so we theorize). It's a shame it takes however many people to lose the bulk of their retirement money for someone to initiate change in the system.

The Danger in a One-Basket Nest Egg Prompts a Call to Limit Stock

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