Posted On: November 7, 2007, 9:49 am CST

Posted By: James Corpening

I just found this article and notice the last entries here were in 2005. Well, maybe my comments will fall on deaf ears, but at least I can vent.

I worked for Kemper Personal Lines in Charlotte and fell victim to the meltdown on 10-23-01.-Black Tuesday.My career with Kemper spanned 32 years and the hatchet hit me at age 55.-Tough age to be handing out resumes.

I was called into the boss's office and handed a severnace check, told to leave the premises -not even a thanks for 32 years of service.

I was unnemployed, 55 and 2 kids soon to go to college and a bout with depression. We sold our home moved back to Ga. Now I work as an agency CSR making about 40,000 a year less. My retirement benefits were cut 50% and the Pension Guaranty Fund now oversees my retirement.Kemper could no longer fund it since they were bankrupted-

Profit Sharing was also cut and the botton line result to me for the past 5 years in salary, retirement and 401 K is close to 500,000. Corporate America can pucker up and kiss me where the sun does not shine.

Smith and Mathis- You will pay if not here then in the hereafter

Jim Corpening