CS to Settle Enron Claims for U$90M

Enron has now settled with at least six banks accused of helping its managers hide debts and inflate results.Reuters, 9 May 2006Credit Suisse will pay $90 million to Enron to settle claims that it helped the energy trader commit fraud, Enron said Tuesday.Houston-based Enron has now settled with at least six banks in its "MegaClaims" litigation. It accused the banks of helping prior management