Wednesday, February 21, 2007

Enron's Banks Lose Bid to Delay Enron Trial

Bloomberg, Jef Feeley, 21 February 2007Merrill Lynch & Co. and Credit Suisse Group lost their bid to delay the trial of a $40 billion investor lawsuit accusing the banks of helping Enron Corp. artificially inflate earnings.U.S. District Judge Melinda Harmon in Houston ruled today there ``should be no postponement'' of the April 9 trial while an appeals court decides whether shareholders can

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