Enron Barge Jury Not Finished Yet
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Jurors still have work to do after convicting several former Wall Street bankers and a former Enron Corp. finance executive Wednesday of conspiring to push through a sham deal.
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Unwritten assurances from Enron Corp. to keep trying to sell Merrill Lynch &amp; Co.&#39;s $7 million interest in three power-generating barges wasn&#39;ta &quot;legal impediment&quot; to making that investment, an in-house lawyer for the brokerage testified Monday.
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The trial of an alleged fraudulent sale by Enron Corp. to Merrill Lynch ended its fourth week with a discussion of rudimentary accounting principles by the last of six defendants on trial for conspiracy and fraud.
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The polls are closed and results are starting to come in - finally. At times it seems as if the Enron scandal has been with us forever, lingering just
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NEW ORLEANS, Feb. 5 (Bloomberg News) â Two investment banks, Merrill Lynch and Credit Suisse, asked a federal appeals court yesterday to end a class-action lawsuit by Enron investors seeking $40 billion that they lost when the energy trader collapsed in 2001.
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HOUSTON -- The darker side of Wall Street could come to light Monday as the criminal trial involving former Enron executives takes a look at the inner workings of the Wall Street investment banking business.
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The Supreme Court yesterday declined to hear an appeal by Enron investors suing major banks that allegedly helped the Houston company disguise its financial problems, all but closing the door on efforts by shareholders to hold third parties responsible for crippling stock losses.
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A judge is set to rule in two weeks on a case involving three UK former bankers fighting extradition to the United States over alleged fraud charges involving Enron executives.
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Enron Corp.'s sham sale of three power  generating barges to Merrill Lynch in 1999 cost Enron  shareholders more than $13 million, a jury said on Tuesday.
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Prosecutors in the first Enron Corp. (ENRNQ.PK: Quote, Profile, Research) criminal trial sought to cast doubt on Wednesday on a former Merrill Lynch (MER.
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A criminal trial scheduled to start Monday involving former Enron Corp. executives may shine a rare and potentially harsh spotlight on the inner workings
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Opening arguments in the first criminal  case against former Enron Corp. employees are set to begin  after a federal court spent Monday whittling down a panel of  Houston-area residents to find an impartial jury in the city  still stinging from the company's downfall.
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The jury in the trial of former Enron  Chief Executives Ken Lay and Jeffrey Skilling began its fifth  day of deliberations on Wednesday to decide whether the two are  guilty of fraud and conspiracy at the collapsed energy trader.
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Description: A jury in Houston finds four former Merrill Lynch bankers and a former Enron vice president a guilty of conspiracy and fraud.
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Several Merrill Lynch &amp; Co. executives knew Enron Corp. pushed hard for the brokerage to buy interest in three barges by the end of 1999 so the energy company could book the profit, a former credit analyst for Merrill Lynch said Thursday.
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Jurors began deliberations in the trial of six former Enron Corp. and Merrill Lynch &amp; Co. executives accused of fraud and conspiracy in the energy trader&#39;s 1999 sale of three power-generating barges.
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Merrill Lynch &amp; Co. drafted a letter in mid-June 2000 instructing Enron Corp. to wire $7.5 million to a specified account by the end of that month to buy out the brokerage&#39;s $7 million investment in three barges.