Wall St. on trial over Enron
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Six former Enron and Merrill Lynch executives were accused Tuesday of disguising a $7 million loan as a sale of energy-producing barges to &quot;help Enron out of a jam&quot; and artificially boost its revenue.
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The first criminal trial involving former Enron Corp. executives &quot;is a case about cheating and lying&quot; with Wall Street&#39;s help, a prosecutor said Tuesday.
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The Supreme Court on Tuesday rejected an appeal by Enron Corp investors seeking to proceed with a $40 billion class-action lawsuit against investment banks like Merrill Lynch & Co Inc that put together financing deals for the now defunct energy trader.
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The first criminal trial involving former Enron Corp. executives opened yesterday with prosecutors charging that the defendants conspired with Wall Street bankers to carry out a sham transaction.
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The first criminal trial to emerge from Enron Corp.&#39;s 2001 collapse â-ver the alleged sham sale of river barges in a scheme to help the energy company meet earnings targets â -ld stretch into a second phase.
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As the first criminal trial stemming from the financial deals at Enron opened in Houston on Monday, it is notable as much for who is not among the six defendants as who is - and for how little money was involved compared with how much in other Enron
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Nearly three years after Enron Corp.&#39;s dramatic collapse into bankruptcy, the first criminal trial against the disgraced energy company&#39;s former employees is set to kick off on Monday.
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A U.S. judge has ruled that a lawsuit  filed by Enron investors can go to trial in April as planned  even though an appeals court has not yet issued a key decision  on whether the plaintiffs can be allowed to join as a group.
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Defense lawyers on Wednesday sought to poke holes in a government witness&#39;s story of an angry confrontation with a former Enron Corp.
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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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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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Prosecutors in the first Enron Corp.  ENRNQ.PK criminal trial sought to cast doubt on Wednesday on  a former Merrill Lynch MER.N banker's statements that he was  worried about financial risks from buying three barges from  Enron.
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HOUSTON A judge in Houston has delayed the March trial of five former executives from Enron&#39;s defunct broadband unit. US District Judge Vanessa Gilmore granted the month-long postponement because a lawyer
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Former Enron Corp. ENRNQ.PK Chairman  Ken Lay and former chief executive Jeffrey Skilling asked a  federal court to move their trial out of Houston, arguing in a  filing on Monday that any jury in Enron's hometown would be  biased.
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WASHINGTON -- The Supreme Court dealt a blow Tuesday to Enron investors who sued major investment banks to recover money lost when the Texas energy giant collapsed amid a massive accounting fraud.
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HOUSTON -- Enron Corp.'s former finance chief, Andrew Fastow, is not a defendant or a prosecution witness in the first criminal trial to emerge from the energy company's crash, but he could be called to testify for the defense -- possibly as a hostile witness.
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s the first criminal trial stemming from the financial deals at Enron opens in Houston today, it will be notable as much for who is not among the six defendants as who is - and for how little