UC Says Fastow Implicated Banks in Enron Fraud
Sworn testimony by former Enron chief financial officer Andy Fastow, which was made public for the first time today (Sep. 26), coupled with internal documents detailing the scheme, makes it clear that Enron's banks were not innocent bystanders in one of the greatest corporate scandals in our nation's history — but that these financial institutions served as the actual masterminds behind the scheme to defraud investors.
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