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WAMU 401(k) lawsuit

Discussion in 'Money & Finance Forum' started by VA49er, Dec 11, 2007.

  1. Dec 11, 2007 at 8:28 AM #1
    VA49er

    VA49er Full Access Member

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    Is it just me, or is this another case of "I'm an idiot and you should protect me"? Didn't these people learn anything from ENRON, specifically regarding investing too heavily in your employer's stock? The old saying holds true, "Fool me once shame on you, for me fifty times and I'm a dumbass."

    Wamu Employee Suit Charges Lax 401(k) Oversight

    Below is an excerpt. Not sure if the link will work since it may be a pay site.

     
  2. Dec 11, 2007 at 9:55 AM #2
    meatpile

    meatpile 7-9

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    Stupid.
     
  3. Dec 11, 2007 at 12:52 PM #3
    VA49er

    VA49er Full Access Member

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    Yep, but how much you wanna bet somebody gets paid?
     

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