In 401(k) Plans, a New Rush to Diversify New York Times (01/23/02) Vol. 32, No. 1 p.E3; Kilborn, Peter T.
Even before the fall of Enron, in the past few years people have been moving to diversify their 401(k) plans in order to avoid such disasters as Enron employees now face. People are shifting more of their money into safer fixed-income securities and blue chip stocks. Employees are also scrutinizing company requirements that workers must invest in their firm's stock.