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Author: Frieswick, Kris
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Split personality: an ESOP is a retirement plan
No, it's an ownership investment. Wait—it's neither one - Benefits
Author: Frieswick, Kris
Product Type: Magazine / Newspaper Articles
Source: CFO: Magazine for Senior Financial Executives
Publication Year: 2003
In the wake of the spectacular bankruptcies of Enron, United Airlines, and Polaroid, employee stock ownership plans have come under intense media scrutiny during the past year. The staggering losses of employees' retirement savings have prompted pundits to predict the demise of ESOPs, and politicians to call for regulatory overhaul.
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