New Charges Added in Enron-Merrill Case

[PfcHammer]

http://reuters.com/newsArticle.jhtml?type=businessNews&storyID=5498043

New Charges Added in Enron-Merrill Case
Wed Jun 23, 2004 05:50 PM ET

HOUSTON (Reuters) - Federal prosecutors on Wednesday added two new wire fraud charges against all six defendants in the criminal case involving Enron Corp.'s bogus 1999 sale of barges in Nigeria to Merrill Lynch & Co. Inc.

The U.S. Justice Department's Enron Task Force said the superseding indictment adds charges against two former Enron (ENRNQ.PK: Quote, Profile, Research) executives and four former Merrill Lynch (MER.N: Quote, Profile, Research) bankers.

They were initially all charged with conspiracy to commit wire fraud and falsify books and records, which carries a five-year maximum prison term.

The defendants are former Enron executives Dan Boyle and Sheila Kahanek and ex-Merrill Lynch bankers Daniel Bayly, Robert Furst, William Fuhs and James Brown.

[Robbien]

1. I hear two of the bankers are fighting extradition tooth and nail

They are trying so hard to stay in the UK and not appear before a judge here. Wonder why if they are supposedly so innocent.

[NuttyFluffers]

2. that's what they get for trading in my beloved Duran Duran.

trading "Save a Prayer" for RW Ranting is an obvious no-no. I'm glad they suffer.