U.S. banks will pay to settle Enron claims

Article Abstract:

Manhattan District Attorney Robert Morgenthau had made allegations that two major U.S. financial institutions aided Houston, Texas-based Enron Corp. in manipulating financial data. But the case was concluded after Citigroup Inc. and J.P. Morgan Chase and Co. agreed to a $308 million settlement.

Banking industry, Investigations, Gas transmission industry, Enron Corp., Citigroup Inc., C, ENE, JPMorgan Chase & Co., Morgenthau, Robert M.

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Norshield acquirer's investor message: keep faith

Article Abstract:

Ted Cantlon, a Calgary businessman has signed letter of intent to buy Norshield Financial Corp. The new investor has expressed that he has complete hope of regaining profits in the company.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Cantlon, Ted

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Black's Ravelston to plead guilty to fraud

Article Abstract:

The admission of fraud committed by Conrad Black's Ravelston Corporation Ltd. to Hollinger International Inc. is discussed.

Newspapers, Legal/Government Regulation, Canada, Newspaper publishing, Hollinger International Inc., HLR, Ravelston Corp.

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