Scam Sniffing, Ball Busting Vigilantes Message Board

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Strategies & Market Trends : Scam Sniffing, Ball Busting Vigilantes

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To: Don Pueblo who started this subject	2/1/2002 5:36:52 AM
From: Baldur Fjvlnisson	Read Replies (1) of 292

Why the World Trade Center Holocaust had to happen? It was the only way to prevent a world depression? An executive decision was made at JP Morgan headquarters with the Dept of Defense and the blessing nod of the President of United States of America. Well-Known Mutual Funds Invested in Enron Trust, NYT Says By J. Kyle Foster New York, Jan. 25 (Bloomberg) -- More than 50 mutual funds and insurance companies invested in a trust created by Enron in 1997, which may find many people surprised to be investors in the troubled energy company, the New York Times reported. Holders of Osprey Trust debt within the last year included Prudential Financial Inc., American Express Co., Putnam Investments, American United Life Insurance and Federated Investors Inc., the paper reported. Osprey Trust, used to finance the operations of several of the energy company's questionable partnerships, raised $2.4 billion in September 2000 from institutional investors in a private placement of notes due January 2003, the Times said. Those partnerships included LJM and Whitewing LP, which invested in energy-related projects in Europe and South American. The securities appear to have lost 60 percent of their value since last fall when Enron's troubles began to surface, the Times said. (NYT 1-25 C1)

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