Wednesday, January 23, 2008
Enron Investors Suing Banks Spurned by Top US Court
Bloomberg, Christopher Scinta, 23 January 2008Enron Corp. creditors could see their original payout more than quadruple to as much as $31 billion after a trial against Citigroup Inc.Enron Creditors Recovery Corp., the entity winding up the defunct energy trader's affairs, distributed $13.3 billion, or 36 cents on the dollar, since a bankruptcy plan was approved in 2004. That includes most of
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