AUSTIN (AP) -- Retirement funds for teachers and state employees lost nearly $60 million in stocks and bonds because the funds' managers continued to invest in crumbling Enron Corp. The Teachers ...
WASHINGTON -- Business coalitions and the nation's accounting and energy industries are moving quickly to try to head off new federal restrictions they fear will emerge from the Enron investigations.
Neither regulators nor courts have provided fiduciaries sufficient guidance to navigate the maze of administering ERISA accounts. It has been impossible to pick up a newspaper recently without reading ...
HOUSTON – Nine months before Enron Corp. flamed out in bankruptcy, some investors were questioning the strength of its businesses despite public assurances from company founder Kenneth Lay and former ...
During a discussion on the ongoing Enron situation Thursday, the experts – including investment and loan analysts – detailed the ramifications of the Enron fallout, and the effects it could have on ...
Employees of Enron Corp. filed a class action lawsuit against Enron claiming the company recklessly endangered their retirement funds. In a class-action lawsuit filed in U.S. District Court, employees ...
HOUSTON, Nov. 9, 2001 — Dynegy Inc. Friday agreed to buy its bigger cross town rival Enron Corp. in a stock deal valued at $8.5 billion and to assume $15 billion of Enron debt. Analysts praised the ...
Shunned by investors and deserted by many former customers, Enron Corp. is searching this week for up to $1 billion in cash from lenders to sustain its once dominant energy-trading business. Enron ...
WASHINGTON -- The chairman of the committee overseeing Enron's retirement savings plan said Thursday he never warned employees to dump their company stock because he thought the price's downward ...
It was Dec. 3, 1999. Internet stocks were higher for the third straight session, and the Nasdaq finished at another record high. The Dow Jones Industrial Average closed just shy of its 11,326.04 ...
NEW YORK --Hobbled energy giant Enron Corp. (NYSE:ENE), in an effort to save its planned purchase by smaller rival Dynegy Inc. (NYSE:DYN), may cut the price of the all-stock transaction by more than ...
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