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In Depth (The Smart Money: Diversifying Stocks) #654554

NBC Evening News for Thursday, Jan 03, 2002
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(Studio: Tom Brokaw) Report introduced.

(New York: Anne Thompson) The benefits of diversifying stocks instead of putting all of a 401(k) plan into company stock examined; details given of the proposal of Senator Jon Corzine to limit the amount of company stock that employees can buy. [Lucent employee Jane BREITFIELD - says she lost two-thirds of her retirement fund.] [Scarborough Group president Michael SCARBOROUGH - says it is never appropriate to put all money in a single stock.] [CORZINE - explains why he made his proposal.] [Former Enron employee Janice FARMER - says she will have to return to work.]

Brokaw, Tom;
Thompson, Anne

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