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United's Stock Plunge Hurts Employee Owners

Some United Airlines workers are losing tens of thousands of dollars from the company's employee stock ownership plan. Now, United's financial woes are dragging stock values into the ground. NPR's Elaine Korry reports.

Copyright 2002 NPR

Elaine Korry is an NPR contributor based in San Francisco. From August 2004-June 2007 she worked as an NPR senior reporter covering social policy for NPR, with a focus on education, and on the lives of the nation's most vulnerable citizens — the homeless, those living in poverty, working in low wage positions, and trying to find their way to a more stable life.