The Pension Disaster That Awaits

Do you foresee the uproar over Enron leading Congress to increase senior management's fiduciary responsibilities?
I doubt there will be legislation. The courts will be the ones to decide. But it's the concern corporate officials will have about their [potential] liabilities that will change their attitudes [on fiduciary responsibility].

Any chance 401(k) changes will be a hot issue this proxy season?
Auditor assignments will be a hot issue, and maybe employer stock, but not management of 401(k)s.

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