NO BUYBACK PLEDGED, CLAIMS ENRON EXEC
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October 15, 2004 -- Ex-Enron Corp. chief financial officer Andrew Fastow never promised Merrill Lynch a risk-free purchase of three energy-generating barges in a 1999 call about a sale prosecutors claim was a sham, a witness said.
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A former Enron executive currently  serving a prison term testified in the first Enron criminal  trial on Wednesday that he worked on a secret deal with Merrill  Lynch to fraudulently boost the disgraced energy giant's  profits.
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Defendants on trial in the first Enron  Corp. criminal case may seek to call former Enron Corp.  ENRNQ.PK financial mastermind Andrew Fastow as a witness to  aid their defense, according to documents submitted by defense  lawyers on Friday.
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Three British former bankers extradited  to the United States this week pleaded not guilty in federal  court on Friday to fraud charges linked to a deal with defunct  energy giant Enron Corp.
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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 founder and CEO of Parmalat, the Italian dairy and juice giant that collapsed a year ago in a spectacular &#36;18 billion fraud case known as "Europe's Enron," apologized to investors Saturday and pledged to help prosecutors build their case.
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NEW YORK, September 22  - A witness in the first Enron criminal trial, and a former executive at the company, testified today that she believed that the Enron executives now on trial were involved in an effort to hide an illicit deal
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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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The European Court of Human Rights has  turned down a request from three former NatWest bankers to  delay their extradition to the United States to face fraud  charges related to energy trading group Enron Corp, a  spokeswoman for the three said on Tuesday.
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A former Enron accountant testified Thursday that he knew an arrangement to temporarily sell Merrill Lynch some barges just to boost Enron&#39;s bottom line was wrong and he planned to lie about it if confronted.
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Enron Corp. ENRNQ.PK on Friday said  Chief Financial Officer Raymond Brown resigned to pursue other  job opportunities and will be replaced on an interim basis by  Robert Bingham.
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A U.S. federal judge on Monday rejected   a plea for mercy from prosecutors and sentenced a former Enron   Corp. executive who testified against Ken Lay and Jeff Skilling   to 30 months in prison.
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Enron Corp. former Chief Financial  Officer Andrew Fastow helped cook up a bogus deal with Merrill  Lynch to sell and buy back Nigerian power barges to inflate  Enron's earnings and make himself look good to his bosses, a  former top Fastow aide said on Monday.
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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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Government financing triggers move but Treasury says Northern Rock has not been nationalised
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The chief executive of WMC Resources has denied the company&#39;s share buyback and the sale of part of its business is designed to undermine a takeover offer from Swiss-based Xstrata.
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Enron Corp. ENRNQ.PK, desperate to  meet profit targets, "parked" unwanted power generating barges  at Merrill Lynch in a sham sale designed to be reversed, a  prosecutor said on Tuesday in the first criminal trial of  former executives at the fallen energy company.