After Enron Debacle 401ks Still Need to Learn Diversification

Enron’s collapse remains one of the scariest tales told around corporate campfires. Many workers watched their retirement pensions nosedive with the company, since many had roughly 60-percent of their 401k plan tied to Enron stock. Despite this example, a Hewitt Associates study shows many American breadwinners still have their 401ks heavily lashed to employer stock, as Brian Bull reports…