Deferred Comp at Center of More Enron Charges
February 14, 2002—Just before filing for Chapter 11 bankruptcy protection, Enron allowed a small group of executives to withdraw their money from a deferred compensation program, according to The New York Times.
Chao Names Fiduciary for Enron Plans
February 14, 2002— Secretary of Labor Elaine L. Chao has announced that an independent fiduciary will be appointed to replace the Enron Corp.'s administrative committees, whose members currently serve as fiduciary of the company's three retirement plans.
Enron HR VP: 'We Did the Best We Could'
February 07, 2002— Two Enron executives told senators on Tuesday that they scrambled to protect employees' retirement savings and severance pay as soon as they realized the company was collapsing last year.
Johnnie Cochran Representing Enron Workers
January 30, 2002— Johnnie Cochran, the lawyer who became famous for his defense of O.J. Simpson, has been retained to represent laid off Enron Corp. workers.
Choose: Severance or Unemployment Benefits
January 22, 2002—Texas workers who receive severance payments from their old employers may have waived their rights to unemployment benefits without realizing it, the Houston Chronicle reports.
Enron Employees Auctioning Their Stuff
January 21, 2002— You've lost your job, your pension, your 401(k) nestegg, and all hope that your company stock will ever be worth anything ever again. So what's an Enron refugee to do?
At Enron, Gloom and Anger
January 14, 2002— Not surprisingly, these are not happy times at Enron, the Houston-based energy trader that filed for bankruptcy in December, after disclosures about accounting irregularities led to a total collapse of its stock.
Enron Workers Lose Their Retirement Funds
November 28, 2001—Bad enough that the rapid decline of energy conglomerate Enron has devastated its employees' retirement plan, which was heavy with company stock.
Productivity Rses, Labor Cost Growth Slows
November 15, 2001—Just when the economists were grumbling about another possible interest rate hike by the Fed, worker productivity galloped in to the rescue.
Texas Facing a Wave of Elderly
October 30, 2001—In the next 25 years, Texas' 65-and-older population will explode, from 2.1 million to over 4.4 million.
