Published April 01 2008
Holding too much company stock can hurt workers if company falters
NEW YORK — When Enron Corp. and WorldCom Inc. collapsed into bankruptcy several years ago, their employees lost billions as the company stock in their retirement accounts became all but worthless. Now, employees of Bear Stearns Cos., the troubled New York investment bank, face a similar fate because their compensation included heavy doses of company stock.By: By Eileen Alt Powell, West Central Tribune
