401(k)s, Post-Enron: Are Workers Better Off?

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401(k)s, Post-Enron: Are Workers Better Off?
CNNMoney.com

Feb. 1, 2006

Excerpt: As corporate cautionary tales go, the demise of Enron wins the Holy Moly Prize in every way, but no way more so than as a nightmarish illustration of the risks of having too much company stock in your 401(k).Enron workers lost the lion's share of their retirement money as the company's once-high-flying stock became all but worthless by the end of 2001.

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