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Eye On America (Protecting Retirement Funds) #652780

CBS Evening News for Wednesday, Jan 16, 2002
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(Studio: John Roberts) Report introduced.

(New York: Anthony Mason) Concerns about the loss of employees' retirement savings after the collapse of Enron energy company and the loss of many employees' life savings examined; details given about a bill that would limit the amount of company stock employees can have in 401(k) funds. [Former Enron EMPLOYEE - says his retirement savings are gone.] [Former Enron employee Angelina LORIO - says employees were told to put everything into the 401(k).] [University of Chicago Brigitte MADRIAN - says other employees could face the problems Enron employees did.] [New Jersey Senator Jon CORZINE - says Lucent Technologies employees lost a lot when the stock value dropped.] [Profit Sharing/401K Council of America David WRAY - says some employees want to invest more in their company.]

Reporter(s):
Mason, Anthony;
Roberts, John
Duration:
00:02:40

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