Fairfield County Business Journal articles from January 2002

Fairfield County Business Journal archives from January 2002

FAST grows despite slow economy.(Food Automation Service Techniques Inc.)(Brief Article)
January 7, 2002... Food Automation -- Service Techniques Inc. of Stratford, a provider of appliance controls and online kitchen networking products for the food service industry, announced that it continues to experience growth and provide new job opportunities...

Green light for yellow book.(Caribbean-American Yellow Book)(Brief Article)
January 7, 2002... It was cold, real cold," said Pierre d'Haiti "I of the basement of his house. He had Lone computer and a phone line in his basement and a dream that transcended the walls that surrounded him. The dream had at its core the ability to connect...

Lien-ing backwards: $24 billion mechanic's lien on GE HQ raises questions about standards for filing.(General Electric Co.)(Brief Article)
January 7, 2002... How do Connecticut statutes protect property owners, both commercial and residential, from having unjustified, potentially frivolous liens filed against their properties? General Electric Co., one of the biggest companies in the world,...

UST predicts 10 percent earnings.(2003-2006)(Brief Article)(Statistical Data Included)
January 7, 2002... Greenwich-based UST Inc. predicted 10 percent earnings during the next three years as it anticipates sales growth in its line of smokeless tobacco products and wines. In an analyst meeting Dec. 5, the company outlined its planned growth,...

Book looks to veto office politics.("The End of Office Politics As Usual: A Complete Strategy for Creating a More Productive and Profitable Organization")(Brief Article)(Product Announcement)
January 7, 2002... Have you ever worked with someone like John? While filling in for Kathy who was on vacation, John passed off her ideas to improve operations, which she had been formulating on her computer, as his own. When Kathy returned from vacation,...

A jobless recovery? (Viewpoint).(US economy)(Brief Article)(Statistical Data Included)
January 7, 2002... With the economic downturn an established fact, it appears that fears of recession are being replaced by concerns over the shape of an eventual recovery. While most forecasters and market participants presumably welcome what should turn...

Letters.
January 7, 2002... Bring down the barriers How do we judge a town? That's the essential question that Dr. Charles J. Stokes posed in the Dec. 3 issue. He makes several valiant efforts to defend the current status of the city of Bridgeport by comparing us to...

Lender may convert to private ownership.(First Connecticut Capital Corp.)(Brief Article)(Statistical Data Included)
January 7, 2002... The First Connecticut. Capital Corp. may take itself out of shareholder hands and become privately owned pending shareholder approval of a proposal to sell all its stock early this year. The company's board of directors proposed selling its...

Starting on a positive note. (Periscope).(includes various corporate information)(Brief Article)(Statistical Data Included)
January 7, 2002... While the year 2001 ended with retail sales less than expected, online retailers made big gains because of the public's desire to stay home which may seta trend. One indication of confidence in the new year is the levels of risk insurance...

Flagship Networks aims to cut costs. (Periscope).(Brief Article)
January 7, 2002... "A lot of what we do enables a company and its personnel to work from anywhere," said Thomas Dillon, chief executive officer of Flagship Networks in Greenwich. "People can work from home, on the road or in the office because of high speed...

Pitney Bowes Office System Inc. goes public.(Brief Article)
January 7, 2002... I magistics International Inc., formerly Pitney Bowes Office Systems Inc., announced recently that its spin-off from Pitney Bowes Inc. became effective on Dec. 3. It is now a separate, independent company whose common stock trades on the...

Steven Madden opens store in Danbury: At year-end 2001 company's total store count was 73.(Connecticut)(Brief Article)
January 7, 2002... Steven Madden Ltd., a leading designer, wholesaler and marketer of fashion footwear, has opened two new retail locations in Connecticut, including one in Danbury, bringing the company's total number of stores to 73. The company's new...

Rowland unveils biotech initiative.(Connecticut Governor John G. Rowland)(Brief Article)
January 7, 2002... Gov. John G. Rowland has launched a campaign to promote Connecticut as a high-tech "hot spot" worthy of the same attention traditionally given to places such as California's Silicon Valley and Boston's Route 128. In addition, Rowland...

Best and worst for small businesses in 2001.(Small Business Survival Committee's report)(Brief Article)
January 7, 2002... The Small Business Survival Committee, one of the nation's leading national small-business advocacy organizations, has released its list of developments that had the best and worst impact on small businesses in 2001. "Our list looks at the...

Education mailing list dos and don'ts.(managing direct-mail campaigns)(Brief Article)
January 7, 2002... Nothing influences the success of a direct-mail campaign more than the selection of the right list. About 30 percent of your direct-mail marketing success depends upon it, so it makes sense that if you don't target the right audience, your...

CSCPA awards grants to accounting club. (Focus on Education).(Connecticut Society of Certified Public Accountants)(Accounting Club of Fairfield University)(Brief Article)
January 7, 2002... Representatives of the Educational Trust Fund of the Connecticut Society of Certified Public Accountants (CSCPA) recently presented grants to both the accounting department and the Accounting Club of Fairfield University at an annual joint...

Albertus Magnus offers new dimensions program. (Focus on Education).(Albertus Magnus College)(Brief Article)
January 7, 2002... New Haven's Albertus Magnus College is offering its intensive, degree-granting New Dimensions program designed to serve the needs of business professionals throughout Fairfield County. Courses are given at Summer Street in Stamford, the...

Norwalk Community College celebrates 40th anniversary. (Focus-on Education).(Brief Article)
January 7, 2002... Norwalk Community College (NCC) is celebrating its 40th anniversary of preparing its students for southwestern Connecticut's business and industry work force. The 30-acre campus offers local students 40 career and transfer programs, 18...

Hong Kong's Sunday chooses SmartServ for wireless financial market information. (Focus-on Education).(SUNDAY Communications Ltd.)(SmartServ Online Inc)(Brief Article)
January 7, 2002... SmartServ Online Inc. of Stamford announced an agreement to provide its wireless SmartServQ Short Messaging Service (SMS) to SUNDAY Communications Ltd. in Hong Kong. The service will provide SUNDAY's subscribers access to snap quotes,...

Local colleges strive to cement ties with business. (Focus on Education).(Brief Article)
January 7, 2002... In every way from specific course offerings to internship programs to guest speakers, Sacred Heart University -- and other Fairfield County colleges and universities -- is doing everything it can to maintain solid relations with the local...

LifeCare provides geriatric care initiatives. (Focus on Education).(Brief Article)
January 7, 2002... LifeCare Inc. of Westport has been selected by Pearson Education to implement its geriatric care management program initiatives in four of Pearson's corporate locations. The initiatives include placing geriatric care managers (GCMs) on...

New college savings plans offer many advantages. (Focus on Education).(Economic Growth and Tax Relief Reconciliation Act of 2001)(Brief Article)
January 7, 2002... One of the best college savings plans gets even better this year, reports the New York State Society of Certified Public Accountants. As a result of a provision in the Tax Act of 2001, qualified withdrawals from Section 529 college savings...

Dimes Fairfield County Division. (Credits, Clients and Awards).(March of Dimes Birth Defects Foundation)(awards)(Brief Article)
January 7, 2002... The March of Dimes Fairfield County Division Fairfield, presented its 2001 Real Estate Award to Jonathan Davis of Boston, founder and chairman, and Paul Marcus of Boston, president, of The Davis Companies Inc., a real estate developer with...

Newmakers.(personnel changes)(Brief Article)
January 7, 2002... Kenneth B. Gilman of New York City was appointed president and chief executive officer of Asbury Automotive Group Inc., Stamford, an automotive retailer. Since 1993, Gilman was vice chairman and chief administrative officer at The Limited'...

UK guitar company lands in Bethel.(Brief Article)(Statistical Data Included)
January 14, 2002... A pair of local entrepreneurs has a plan to launch their own British invasion by bringing a unique line of electric guitars to North America for the first time. John Coates, a guitar collector with a marketing background, and Bruce...

SBA disaster loan deadline extended.(Brief Article)(Statistical Data Included)
January 14, 2002... The U.S. Small Business Administration has extended the deadline from Jan. 12 to March 11, 2002 to apply for the statewide disaster loans 9T CT for property damage resulting from the Sept. 11 terrorist attacks. The SBA has approved nearly...

Steel point hinges on assembly.(Statistical Data Included)
January 14, 2002... The developer of a $900 million mixed use project proposed for Bridgeport's waterfront is asking the General Assembly to rewrite the incentive package that was originally tailored for a retail center before he will make a formal commitment ...

Siting council approves cross-sound cable plan: Blumenthal vows to fight.(Brief Article)
January 14, 2002... The Connecticut Siting Council earlier this month approved the Cross-Sound Cable Company L.L.C.'s application to construct and operate a high-voltage electric transmission cable across Long Island Sound -- but opponents vowed to stop the juice...

Fairfield County business minute on WSTC and WNLK.(Brief Article)
January 14, 2002... Two Fairfield County radio stations have expanded their programming to include local business updates provided by the Fairfield County Business Journal. The stations, WSTC (AM 1400) in Stamford and WNLK (AM 1350) in Norwalk, will broadcast...

EDGAR Online raises $5M via private placement.(Brief Article)(Statistical Data Included)
January 14, 2002... Norwalk-based EDGAR Online Inc. announced last week it has raised $5 million via a private placement of securities. EDGAR Online is a provider of financial information derived from U.S. Securities and Exchange Commission data, and a...

Survival tips for small business. (View Point).(Brief Article)(Column)
January 14, 2002... "Ours is the only country deliberately founded on a good idea," said John Gunther, noted American author and journalist. Freedom is the core of that 'good idea,' and free enterprise is one of its finest expressions. In the aftermath of the...

Enterprise management outlook for 2002.(Gartner Inc. report)(Brief Article)
January 14, 2002... The economy and security concerns will drive client and vendor enterprise management (EM) activities in 2002, according to a research report by Gartner Inc. in Stamford, Conn. The information technology (IT) operations staff will react to...

Pitney Bowes named a good bet for 2002.(by SmartMoney)(Brief Article)
January 14, 2002... Pitney Bowes Inc. of Stamford has been named one of the "Best Investments 2002," its stock as a "first choice" in the office equipment and services category, by SmartMoney magazine in its January issue. "This past year, Pitney Bowes has...

Winter travel will decline, but travel intentions rise slightly.(Brief Article)(Statistical Data Included)
January 14, 2002... Travel by Americans will decrease 8.4 percent during this winter's months of December, January and February, according to the latest seasonal forecast from the Travel Industry Association of America (TIA). Americans are expected to take...

Vacation for the business traveler? Forget it. (Focus on Business and Personal Travel).(Brief Article)
January 14, 2002... Having been a business traveler for many years, I know very well that business travel is not what the folks in the office think. It's no vacation, even though you're often asked when you return, "How was your vacation in Orlando?" ...

Back to normal: Business travel slowly bouncing back. (Focus on Business and Personal Travel).(Brief Article)
January 14, 2002... The best news for business travel this year would be less bad news from the airlines and airports. That may be happening. Despite the recurring negative publicity, things are beginning to pick up, industry professionals say. In a recent...

Leisure travel gradually returning to normal. (Focus on Business and Personal Travel).(Brief Article)
January 14, 2002... The good news, according to the Travel Industry Association of America (TIA), is that 70 percent of all Americans who had planned trips in the fourth quarter of 2001 did not change their plans. Another good sign is that those who did...

Business travel costs rising at a slower rate. (Focus on Business and Personal Travel).(Brief Article)(Statistical Data Included)
January 14, 2002... Business travel costs will increase by only 3 percent this year as corporations reduce their travel spending and travel suppliers respond by reducing supply, according to the National Business Travel Cost (NBTA) 2002 Business Travel Forecast....

Video teleconferencing growing. (Focus on Business and Personal Travel).(Brief Article)
January 14, 2002... Recently, Dave Sweet, who runs the video teleconferencing equipment at a large corporation in Armonk, N.Y, went into the conference room. He saw three executives standing in front of the television of a video teleconference unit and yelling...

Danbury's CityCenter businesses thriving: Burgeoning immigrant population adding spice and energy to main street. (Doing Business in Danbury Feature Section).
January 14, 2002... Danbury's downtown is undergoing a revival of sorts, fueled by -- among other things -- the city's burgeoning immigrant population that is adding spice and energy to Main Street. A melting pot of ethnic restaurants and grocery stores pepper...

Danbury's demographics lure retailers. (Doing Business in Danbury Feature Section).(Brief Article)(Statistical Data Included)
January 14, 2002... The he current recession isn't slowing down [two major retailers' plans to open new outlets in Danbury -- a new Home Depot about a half-mile from the existing store, which will be converted to an upscale EXPO Design Center, and a Trader Joe's...

Shaughnessey brothers funeral home. (Credits, Clients and Awards).
January 14, 2002... Shaughnessey Brothers Funeral Home, Fairfield, received a 2001 Eagle Award for Excellence from the National Funeral Directors Association, Brookfield, Wis. Only 98 funeral homes nationwide were honored with the award. Thomas Shaughnessey Jr....

Norwalk community college. (Credits, Clients and Awards).(Brief Article)
January 14, 2002... Norwalk Community College, Norwalk, announced that it will receive a $500,000 grant from the U.S. Department of Education for its new Center for Information Technology.

Filofax Inc. (Credits, Clients and Awards).(Brief Article)
January 14, 2002... Filofax Inc., Wilton, the U.S. subsidiary of Filofax Group L.L.D., a British maker of leather organizers, luggage and briefcases, announced that it has been named the U.S. distributor for Lamy, Heidelberg, Germany, a maker of writing...

R.S. Granoff Architects P.C. (Credits, Clients and Awards).(Brief Article)
January 14, 2002... R.S. Granoff Architects P.C., Greenwich, an architectural and interior design firm, was retained by PNC Advisors, a wealth management firm and a part of the PNC Financial Services Group. to design its relocated headquarters at 100 Field Point...

Newsmakers. (On The Record).(Brief Article)
January 14, 2002... Marsh Inc., a provided of risk and insurance services, announced the following appointments in its Stamford office. Jeffery W. Colburn of Southbury was named a senior vice president. A senior risk consultant, Colburn joined Marsh in 1996....

Judith M. Szablak of Trumbull. (Real Estate Update).
January 14, 2002... Judith M. Szablak of Trumbull, a sales executive in the Fairfield office of Prudential Connecticut Realty, received a 2001-2002 Golden Web Award from the International Association of Web Masters and Designers, Wellington, Fla., for her real...

Kurt Wittek. (Real Estate Update).(Brief Article)
January 14, 2002... Kurt Wittek purchased a 66,000-square-foot industrial building on 4.2 acres of land at 145 Woodward Ave., Norwalk, from Gardella Brothers L.P. Cushman & Wakefield of Connecticut Inc., Stamford, represented the buyer and Plaza Realty &...

Ventura, Ribeiro and Smith. (Real Estate Update).(Brief Article)
January 14, 2002... Ventura, Ribeiro and Smith, a law firm, leased 6,000 square feet of office space at 193 Main St., Danbury. The firm relocated the site from another location in Danbury.

Preferred Concepts Inc. (Real Estate Update).(Brief Article)
January 14, 2002... Preferred Concepts Inc., an insurance broker, leased 3,000 square feet of office space at 39 Riverside Ave., Norwalk. Preferred Concepts relocated to the site from New York City. Rand Real Estate Services Inc., Westport, represented the tenant...

A new company benefit: Care and counseling brokers.(Brief Article)
January 21, 2002... In 1984, three friends started a child-care and human resources advisory service in Westport based on an idea that John Place had developed while working on a project at Chase Manhattan Bank years earlier. Then, the trio -- Place and...

Stock games company bottoms out.(Brief Article)
January 21, 2002... In the black-and-white world of business plans and best-case financial scenarios, a hard lesson for those who start their own business is that unique, often useful products do not always equate to successful businesses. A recent example is...

Panel: Economy poised for recovery.(Brief Article)
January 21, 2002... The Greater Norwalk Chamber of Commerce's annual economic forecast luncheon Jan. 8 secured positive outlooks from the local development and banking sectors, as well as a general sense by a Wall Street Journal editor of what may come to pass....

Fed economist predicts long, slow recovery.(Brief Article)
January 21, 2002... The regional economy will make strides in the second half of 2002, but the road to full recovery will be long and slow, according to Rae D. Rosen, senior economist with the Federal Reserve Bank of New York. She presented her national...

Trade promotion authority good for the U.S. (View Point).(Brief Article)
January 21, 2002... Free trade continues to improve our economy, the quality of our jobs and our lives. Despite that, it is still controversial. The latest controversy concerns reinstating the president's authority to negotiate trade agreements, otherwise known as...

Teachers take recess: Pension fund buys Wilton office complex.(Brief Article)
January 21, 2002... For the first time in 10 years, a recession has some large institutional investors looking to real estate as a safe haven for their portfolios. The Teachers Insurance & Annuity Association-College Retirement Equities Fund (TIAA-CREF)...

Disability ruling a significant win for employers.(Brief Article)
January 21, 2002... The U.S. Supreme Court ruling that narrowed the definition of a disability under the Americans With Disabilities Act (ADA) will benefit Fairfield County employers struggling with the issue, a pair lawyers specializing in employment law say. ...

Group spreads word on telecommuting.(Brief Article)
January 21, 2002... Picture the scene. A sales manager twitches nervously as he stares out at a row of empty cubicles. It's 9:30 am. and some light snow fell last night Half of XYZ Corp.'s sales staff has yet to arrive. They're stuck in cars, behind salt trucks...

Stamford officials update major projects.(Brief Article)
January 21, 2002... Two Stamford officials mapped out the city's development course at a Jan. 10 chamber of commerce breakfast at the Stamford Marriott Hotel. Robert M. Stein Jr., land use bureau chief, and C. Stephen Mackenzie, director of economic...

Planning for the impact of a slow economy. (Focus on Real Estate).(Brief Article)
January 21, 2002... The past ten years have been really great. Your company has significantly grown and expanded. In your new role as head of real estate you have hired all the best brokerage firms, negotiated the best deals possible throughout your company's real...

An upbeat mood: Office market should regain momentum this year. (Focus on Real Estate).(Brief Article)
January 21, 2002... Fairfield County's commercial real estate market "is probably going through the best bad time it's ever had," said James C. Fagan, senior managing director of Stamford's GB Richard Ellis. And that bad time, as good as it is, is about to get...

Office vacancy rate increases during fourth quarter. (Focus on Real Estate).(Brief Article)
January 21, 2002... The vacancy rate for the Fairfield County office market increased to 12.9 percent in the fourth quarter from 10.6 percent in the previous quarter, according to the latest quarterly survey by CB Richard Ellis of Stamford. Over the 12-month...

Residential seller's market expected to remain strong. (Focus on Real Estate).(Brief Article)
January 21, 2002... Sellers should continue to have the upper hand in their dealings with potential buyers through the spring and into the summer, real estate brokers around Fairfield County predict. That's because demand for houses and condominiums continues to...

Reckson announces 12 lease deals in Stamford. (Focus on Real Estate).(Brief Article)
January 21, 2002... Reckson Associates Realty Corp. recent-announced 12 new leases, renewals and expansions totaling 77,361 square feet at the company's 133,000-square-foot 680 Washington Blvd. and its 820,300-square-foot Landmark Square, both in Stamford. In...

Westport commercial vacancy rates highest since 1995. (Focus on Real Estate).(Brief Article)
January 21, 2002... The Westport office vacancy rate is 8.9 percent, up from 2.2 percent in January 2001 and 4.6 Percent in July 2001, according to Ted Hampe, chairman of HK Group. HK Group tracks some 170 office buildings totaling more than 2.5. million...

County's industrial market mixed in fourth quarter. (Focus on Real Estate).(Brief Article)
January 21, 2002... The overall vacancy rate for the Fairfield County industrial market increased slightly from 10 percent in last year's third quarter to 11.7 percent in the fourth quarter, according to the CB Richard Ellis' Stamford office. The vacancy rate...

Study: 6 percent too high for real estate commissions. (Focus on Real Estate).(Brief Article)
January 21, 2002... The vast majority of homeowners in the greater New York-metro area are unhappy with the customary 6 percent real estate commission and believe commissions can be lower, according to a recent Zogby International survey. The study was...

REIT earnings shine. (Focus on Real Estate).(Brief Article)
January 21, 2002... Funds from operations (FFO) and earnings per share for real estate stocks, including real estate investment trusts (REIT) and other publicly traded real estate companies, advanced in the third quarter compared with the same period a year...

Law Firms: Ranked by number of attorneys; alphabetically in event of tie.(Brief Article)
January 21, 2002... Law Firms Ranked by number of attorneys; alphabetically in event of tie Fairfield County Rank Name, address, phone number Managing partner/officer and website Area code: 203 E-mail address (unless...

Calendar of Events for Winter 2002.(Brief Article)
January 21, 2002... TUESDAYS February 12, 2002 March 12, 2002 6:00 pm - 8:00 pm Ferguson Library Stamford, CT SMALL BUSINESS RESOURCE WORKSHOP This 2-hour workshop provides you with information on all of the programs and services...

Credits, Clients and Awards. (On the Record).
January 21, 2002... NewMil Bank, New Milford, with 18 branch offices, including nine in Fairfield County, was ranked number one as a community bank in Connecticut for both 7A and 504 lending programs by the U.S. Small Business Administration (SBA). Bill Starbuck...

Newsmakers. (On the Record).
January 21, 2002... The Wartburg Adult Care Community. Mount Vernon, N.Y., a Lutheran ministry that provides housing options and health-related services to older adults, announced the following promotions. David Arditti of Stamford was promoted to senior vice...

New graphics placement firm steps into Greenwich.(SWINGSHIFT, New York)(Brief Article)
January 28, 2002... Having worked as a graphic designer for 10 years in corporate, broadcast and advertising agencies, Amy Rau concentrates on placing people in jobs with the right fit. "We want to maximize on somebody's skills, not just give them a job," she...

Newtown for GE Capital?(Brief Article)
January 28, 2002... Real estate sources say GE Capital is interested in purchasing a site on Hawleyville Road in Newtown and developing it into a major office property although company and town officials have declined to confirm the information. "GMH Capital...

Transportation board's recommendations in play.(Connecticut's Transportation Strategy Board)(Brief Article)
January 28, 2002... Connecticut's newly formed Transportation Strategy Board (TSB) has given the General Assembly a new set of draft recommendations for tackling the state's traffic woes, just in time for the Feb. 6 start of the 2002 legislative session. The...

Some transit projects OK'd.(Brief Article)(Statistical Data Included)
January 28, 2002... While state budget cuts forced the amount of money dedicated to short-term transportation improvements from $50 million to about $37 million, the state still managed to approved some significant projects. In December, Gov. John G. Rowland...

The beat of a different drum: The temporary work force, which represents just 2.2 percent of the labor force, has accounted for about 32 percent of the total job loss since last March. (View Point).(Brief Article)(Statistical Data Included)
January 28, 2002... According to legendary investor Warren Buffet, when it comes to forecasting the business cycle and making good investment choices, the four most dangerous words in the English language are, "It's different this time." On one level, he is,...

FCI USA takes $33 million tax hit.(Brief Article)(Statistical Data Included)
January 28, 2002... What happened in Japan a decade ago may now cost FCI USA Inc. $33 million in the United States. So, U.S. Tax Court Judge John O. Colvin ruled in upholding an Internal Revenue Service demand for the additional 1991-1993 taxes and penalties...

The List: Hospitals.(Statistical Data Included)
January 28, 2002... The List Hospitals Ranked by number of beds; alphabetically in event of tie Fairfield County and Westchester County, N.Y. Fairfield County Name, address, Medical director phone number and ...

Event planner shares tips for hip parties.(George Trescher)(Brief Article)
January 28, 2002... When Brooke Astor, socialite extraordinaire, was named the New York Public Library's "Library Lion" for 2001, George Trescher threw a party for her that included showing 160 continuous slides on both sides of the banquet hall walls from various...

Local CPAs react to fallout from Enron's cooked books.(Securities Exchange Commission calls for accounting firm regulation)(Brief Article)
January 28, 2002... The aftereffects of Enron Corp.'s tipsy balance sheets have the U.S. Securities Exchange Commission (SEC) chairman calling for a more watchful eye around accounting practices. Just how the collapse of the seventh-largest company will affect...

SACIA: The Business Council of Southwestern Connecticut.(address by Rae Rosen of the Federal Reserve Bank of New York)(Brief Article)
January 28, 2002... Senior Economist, Federal Reserve Bank of New York, Addresses Regional Economy Regional Growth Expected Second Half of 2002 Over 200 people turned out to hear Rae Rosen, Senior Economist and Officer, Federal Reserve Bank of New York,...

Managing your investments: Let history show the way. (Focus on Banking and Finance).(Brief Article)
January 28, 2002... Managing your wealth can be difficult in times of an economic downturn, but history can show us the way to economic prosperity. Our country, citizens and financial markets have survived many challenging events. World War 11, the Great...

Enron's lesson: Diversify. (Focus on Banking and Finance).(pension planning)(Brief Article)
January 28, 2002... Many Enron Corp. employees learned a simple but painful lesson when the nation's seventh-largest company collapsed: Don't put all your retirement eggs in one basket. "It's incumbent upon the employee not to be taken in by the company's...