Bush proposes pension safeguards after Enron collapse
President Bush will introduce a package to broaden workers ability to diversify 401(k) plans and require independent financial advice. The plan includes pension parity barring top executives from selling company stock during blackout periods and aims to shield workers from Enron style losses while Congress weighs the proposals.
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Louvre report finds waste and mismanagement at Paris museum
France’s Cour des Comptes in a sweeping 800 page study flags disarray at the Louvre including unclear counts of artworks and staff, long breaks, and partial room closures. The museum hosted about 6 million visitors in 2000, with only rough inventories and irregular opening hours cited.
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