Wednesday, May 24, 2006

Judge Approves Enron Bank's Settlement

Reuters, Matt Daily, 24 May 2006A U.S. judge on Wednesday approved a $6.6 billion civil settlement by three banks accused by Enron Corp. shareholders of helping the company hide financial misdeeds that led to its collapse.The settlements to be paid to former Enron shareholders include $2.4 billion from Canadian Imperial Bank of Commerce , $2.2 billion from JP Morgan Chase and $2 billion from

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