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Thursday, April 4, 2002 | 9:47 a.m.
MILWAUKEE -- People should push for changes in the laws on retirement benefits so they don't end up like hundreds of Enron employees who lost out when the energy trading giant went bankrupt, the national president of the AFL-CIO said.
"The corruption and abuse that happened at Enron that robbed employees ... should never happen again," John Sweeney told about 300 people at a town meeting Wednesday night.
Enron, valued at more than $40 billion in early 2001, filed for bankruptcy Dec. 2 after acknowledging it had overstated its profits by nearly $600 million. Employees saw the value of their 401 (k) plans drop because they were in Enron stock.
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