Industry analysts say ADM should be able to weather this storm, although it may loosen the tight reins held by the 78-year old Dwayne Andreas. Andreas is a frequent contributor to political campaigns, Democrats' and Republicans'. So much for the concept of a diversified portfolio'. Philip Boroff has more from Marketplace's New York desk. These are investment accounts in which an employee and sometimes employer deposit money that grows tax-free.
Employees sometimes invest in their company's stock out of loyalty.
Senator Barbara Boxer, the California Democrat, has held a hearing on the issue. You lose your job and now you've lost all your pension assets. At the New York desk, I'm Philip Boroff. One of the biggest grocery chains on the East Coast is facing disturbing allegations of racism. The group claims Giant has engaged in a pattern of discrimination in hiring and firing.