I remember in 1993 our 401K managers arrived in BMWs to
Posted on: April 4, 2025 at 10:07:45 CT
TigerFan92 STL
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face an angry bunch of employees (over 1000 of the several 1000 employees) that had weathered the prior down turn, and yet our 401K funds were all still down while the market was showing significant recovery.
The meeting lasted less than 1/2 hour before they were run out of the assembly.
The next morning it was announced that we would be making a change to a different investment firm. Can't remember the old firm name as they were swallowed up not long after that