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One in Five Big Companies Still Puts Your 401(k) Money in Its Own Stock
Bloomberg
May 17, 2015
"Ten of the 50 largest companies in the S&P 500 still put 401(k) contributions in the company's own stock... It's an 'extreme example of poor diversification,' the behavioral economists Shlomo Benartzi of UCLA and Richard Thaler of the University of Chicago have written, echoing the warnings of many other economists and retirement experts. 'Workers risk losing both their jobs and the bulk of their retirement savings all at once.' "
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