[Who dat?]

It's not a sign that the recovery is over.

Not to me either, but don’t go by me.

I know a couple of companies, now public, where people are nearing retirement. They’ve been granted, and have purchased, company shares for the last 35+ years. Those shares have accumulated and split many times.

Today they’re sitting on 15 – 30+ million dollars worth of company stock. They’re being leaned on hard to diversify so they don’t take a hit like Enron/UAL employees, etc. should something go wrong.

They were hired on decades ago as part-time help. Now they’re executive management. They’re diversifying, retiring, buying toys, estate planning – it’s not necessarily a nefarious reason that’s behind it.

[moneyrunner]

Exactly. One of the most lasting lessons learned since the technology bubble burst it that diversification reduces risk.

No matter how much faith you have in you company, you have to consider the unexpected. For that reason, a lot of the execs are putting money into bonds, hedge funds, other company’s stocks; something that they would not have dreamed of in the go-go years of the late 90s.