First Enron Criminal Trial Results in Five Convictions - Natural Gas Intelligence
In the first criminal trial to emerge following Enron Corp.'s collapse, a federal jury in Houston Wednesday convicted four former Merrill Lynch & Co. executives and one former Enron executive of conspiracy and fraud for taking part in a sham financial deal involving Nigerian power barges to improve the energy company's earnings. A former Enron accountant was acquitted.
Source: naturalgasintel.com