Enron Investor Class Action Against Banks Thrown Out

Dow Jones Newswires, 20 March 2007If the class-action lawsuit filed by Enron was always a non-issue for Toronto-Dominion Bank and Royal Bank of Canada, it's even more so now that it was blocked by a U.S. federal appeals panel, says BMO Capital Markets. "This reaffirms our belief," BMO says, adding that if further appeals are blocked, both banks could bring Enron provisions back into income. That