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	<title>Comments on: Bear Stearns Employees 401ks Bear bad news - Dont make the same mistake</title>
	<link>http://thepennysaved.com/2008/03/19/bear-stearns-employees-401ks-bear-bad-news-dont-make-the-same-mistake/</link>
	<description>Personal Finance, career, investing, retirement, saving and debt blog</description>
	<pubDate>Thu, 28 Aug 2008 10:58:02 +0000</pubDate>
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		<title>By: Sebbi</title>
		<link>http://thepennysaved.com/2008/03/19/bear-stearns-employees-401ks-bear-bad-news-dont-make-the-same-mistake/#comment-801</link>
		<dc:creator>Sebbi</dc:creator>
		<pubDate>Tue, 25 Mar 2008 23:16:05 +0000</pubDate>
		<guid>http://thepennysaved.com/2008/03/19/bear-stearns-employees-401ks-bear-bad-news-dont-make-the-same-mistake/#comment-801</guid>
		<description>thanks for the post. i hope to listen some more.
Best regards from Sebbi</description>
		<content:encoded><![CDATA[<p>thanks for the post. i hope to listen some more.<br />
Best regards from Sebbi</p>
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		<title>By: orneryswife</title>
		<link>http://thepennysaved.com/2008/03/19/bear-stearns-employees-401ks-bear-bad-news-dont-make-the-same-mistake/#comment-781</link>
		<dc:creator>orneryswife</dc:creator>
		<pubDate>Mon, 24 Mar 2008 13:03:11 +0000</pubDate>
		<guid>http://thepennysaved.com/2008/03/19/bear-stearns-employees-401ks-bear-bad-news-dont-make-the-same-mistake/#comment-781</guid>
		<description>Wish we had heard this before Ornery invested all his 401K in WorldCom stock...  We ARE wiser now.  

And,  now that I am home from all my travels, (sadly your contest is over) I have cut up all but one of our credit cards.  They are in tiny pieces in a clear plastic envelope hanging on my bulletin board above my desk.  I also closed out all the accounts except for the one Ornery needs for traveling on business.  We are working on our debt snowball, and are very excited about getting free from debt!
TM</description>
		<content:encoded><![CDATA[<p>Wish we had heard this before Ornery invested all his 401K in WorldCom stock&#8230;  We ARE wiser now.  </p>
<p>And,  now that I am home from all my travels, (sadly your contest is over) I have cut up all but one of our credit cards.  They are in tiny pieces in a clear plastic envelope hanging on my bulletin board above my desk.  I also closed out all the accounts except for the one Ornery needs for traveling on business.  We are working on our debt snowball, and are very excited about getting free from debt!<br />
TM</p>
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		<title>By: Laura</title>
		<link>http://thepennysaved.com/2008/03/19/bear-stearns-employees-401ks-bear-bad-news-dont-make-the-same-mistake/#comment-741</link>
		<dc:creator>Laura</dc:creator>
		<pubDate>Thu, 20 Mar 2008 00:20:03 +0000</pubDate>
		<guid>http://thepennysaved.com/2008/03/19/bear-stearns-employees-401ks-bear-bad-news-dont-make-the-same-mistake/#comment-741</guid>
		<description>I work with a law firm that is investigating Bear Stearns, and whether the company protected employees’ interests during the recent stock collapse. Many Bear Stearns employees saw their retirement accounts decimated by recent events, and some are questioning whether Bear Stearns acted appropriately. 

Specifically the firm is looking into whether Bear Stearns lived up to its fiduciary duty to employees who held Bear Stearns stock as part of the company’s pension plan.

If you are a Bear Stearns employee and are concerned that the company’s actions hurt you or your pension plan, you may want to contact Hagens Berman Sobol Shapiro (www.hbsslaw.com/bsc or info@hbsslaw.com) to learn more about the investigation or call the firm at 206-623-7292.</description>
		<content:encoded><![CDATA[<p>I work with a law firm that is investigating Bear Stearns, and whether the company protected employees’ interests during the recent stock collapse. Many Bear Stearns employees saw their retirement accounts decimated by recent events, and some are questioning whether Bear Stearns acted appropriately. </p>
<p>Specifically the firm is looking into whether Bear Stearns lived up to its fiduciary duty to employees who held Bear Stearns stock as part of the company’s pension plan.</p>
<p>If you are a Bear Stearns employee and are concerned that the company’s actions hurt you or your pension plan, you may want to contact Hagens Berman Sobol Shapiro (www.hbsslaw.com/bsc or <a href="mailto:info@hbsslaw.com">info@hbsslaw.com</a>) to learn more about the investigation or call the firm at 206-623-7292.</p>
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