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Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?


To: Patricia Trinchero who wrote (1073)1/24/2002 2:55:14 AM
From: zonkie  Read Replies (1) | Respond to of 5185
 
His health was what I suspected from the first when he didn't appear in public. He disappeared from public view before the Enron scandal broke if I recall. It's just that now he has a lot better reason for staying in hiding even if he is getting a little better. There are a lot of people who have a lot of questions that he would rather not have to answer.



To: Patricia Trinchero who wrote (1073)1/24/2002 2:59:07 AM
From: zonkie  Read Replies (3) | Respond to of 5185
 
This is the first time I have seen the word "racketeering" used in connection with the Enron scandal. I wasn't expecting to hear that word used for another week or two.

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Enron suit cites racketeering charges
By Lisa Sanders, CBS.MarketWatch.com
Last Update: 12:53 PM ET Jan. 23, 2002

HOUSTON (CBS.MW) -- Enron employees are citing alleged violations of racketeering laws in a new lawsuit that blames company officers and fired auditor Andersen for employees losing some $1.3 billion in retirement savings.

The litigation marks the first Enron-related class-action lawsuit, among dozens, to cite the Racketeering Influences and Corrupt Organizations Act. Hagens Berman, a Seattle-based law firm, filed the suit in U.S. District Court in Houston on Tuesday.

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Full story at .....

cbs.marketwatch.com