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Loading Up on Your Company's Stock Is a Bad Move

Stock quotes in this article: BSC , JPM , GS , MS , MER , BAC , LEH  

Updated from 12:22 p.m. EDT

Some Bear Stearns (BSC Quote) employees have learned the hard way that putting all their eggs in one basket is not the best plan.

Especially when it comes to a retirement nest egg.

While JPMorgan Chase's(JPM Quote) deal to buy the failing brokerage helped save the company, it did a number on the retirement plans of Bear Stearns' 14,000 employees, who collectively owned one-third of the firm's shares. ...

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