Fri, Jul 25, 2014, 12:37 AM EDT - U.S. Markets open in 8 hrs 53 mins

Recent

% | $
Click the to save as a favorite.

divine, inc (DVIN) Message Board

  • BuyHiSellHigher BuyHiSellHigher Nov 7, 2002 4:05 PM Flag

    the 401K thing boggles my mind

    How could a company withhold payment to the 401K plan for its employees? I could understand that if the company has an employer matching program, perhaps they could hold up that payment, but not the employee's contribution. It's their money!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Sleazery, as FZ would say.

      Seen this movie before, bought the t-shirt.
      It happens, believe me. As we've said, m1, the company that Flip bought, witheld medical plan payments in order to fund operations. Hundreds were stuck with large med bills. Yours truily included. I wouldn't know what's going on there, but if I were a betting man, and I'm not, I'd say that Flip wouldn't dare try the same thing in this post-enron era. But I've been wrong a couple of times before.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.