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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (17198)8/9/2002 8:04:50 PM
From: Roebear  Read Replies (1) of 36161
 
NEW YORK ) Citigroup Inc, JP Morgan Chase & Co and Merrill Lynch & Co may pay as much as US$6 billion this year to settle claims that they helped Enron Corp hide debt and wrote misleading stock research, Morgan Stanley analyst Henry McVey said in a report on Wednesday. Enron investors and employees have filed US$36 billion in legal claims against Citigroup and JP Morgan. - Bloomberg
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