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Baytown Sun in Baytown, Texas

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Jul 10, 2004

Page

5

Investigators Narrow the Enron Case to Top Executives

Federal investigators moved from outside scrutiny to the inner circle, charging Kenneth Lay as the Enron case expanded. The probe, ongoing since 2001, tracked from inflated stock profits and document shredding to a complex web of fraud, conspiracy, and false statements tied to Lay and others as Andersen’s fallout and Fastow’s schemes came to light.

Houston Enron Toass Kenneth Lay Kirby Bebre

TXU shares dip after TV report airs on market manipulation

TXU Corp shares fell 4.2 percent after a Dallas Fort Worth TV report revived allegations from Texas Commercial Energy that TXU manipulated the Texas power market. TXU says it has not engaged in wrongdoing, while regulators reviewed the matter and found no evidence of manipulation.

Austin TXU Corp Dallas-Fort Worth New York Stock Exchange TXU Enron Bernstein & Co Eric Selmon KTVT Texas Commercial Energy Enron Corp Kenneth Lay Enron Energy Chris Schein Schein Public Utility Commission Terry Hadley

Texas utility set to charge customers for deregulation costs

Texas New Mexico Power Co. will be allowed to pass on about 71 million dollars in market deregulation costs to customers, with the Public Utility Commission planning a future hearing to approve how the 72 million will be recouped. The case traces to deregulation in January 2002 and focuses largely on costs tied to a 300 megawatt lignite coal plant in Robertson County between Waco and College Station.

Austin Texas New Mexico Power Co Public Utility Commission TNMP Robertson County Waco College Station

Crude futures drift as weekly gains hold in market

Crude futures on the New York Mercantile Exchange for August delivery settled down 37 cents at 39.96 a barrel but rose over 4 percent for the week. Analysts say the bullish short term remains intact, with prices hovering near 40 amidst demand signals and tight inventories.

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Rigas case ends in mistrial in Adelphia fraud probe

New York former Adelphia operations chief Michael Rigas saw a mistrial on 17 counts after jurors could not reach a verdict on 15 securities fraud and two bank fraud charges. He was acquitted on conspiracy and wire fraud. his father John Rigas and brother Timothy were convicted, while Michael Mulcahey was acquitted.

New York Adelphia Communications Corp Michael Rigas Rigas U.S Leonard Sand

Government expands mad cow restrictions

The FDA bans brains and other cattle parts from cosmetics and dietary supplements to close gaps with USDA rules. Targeted are cattle 30 months and older, with prohibitions on brain, spinal cord, skulls, eyes, and nervous system tissue near the spinal cord.

Washington Food and Drug Administration Agriculture Department Washington State The Associated Press

Also Mentioned on This Page

Andrew Fastow Justice Department Big Five Arthur Andersen LLP Andersen Securities and Exchange Commission David Duncan Anderson Fastow Michael Kopper Pat Sullivan Federal Lea Fastow TV News Ap Gore Dow Jones Dow Industrials Dow Transportation Dow Limities NYSE Russel WES Wilshire Fener Fisk Areca Farsia Frvese Mae Tc Gant Mereany Rydex Investte Nove Goda Ees Ammins Stephen V Takach Alexander Baytown Witethoardjonés.com SIPC Edward Jones Jennifer Marcontell Rollinsbranb Ste. C Alamaa Community Resource Crar.org Gyown Baytown Sun
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