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Article: Merrill Lynch Executive Placed on Leave for Refusing to Testify in Enron Probe.

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Knight Ridder/Tribune Business News
Article date:
July 27, 2002
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Houston Chronicle Knight Ridder/Tribune Business News

Jul. 27--WASHINGTON--A Houston-based Merrill Lynch & Co. executive who served as the firm's chief liaison with Enron Corp. was placed on administrative leave Friday for refusing to testify at an upcoming Senate hearing.

Lawmakers on the Permanent Subcommittee on Investigations had hoped to quiz Schuyler Tilney, 46, managing director of Merrill Lynch's Global Energy and Power group, about his involvement with Enron's now-infamous, off-the-books partnerships.

Tilney was one of nearly 100 Merrill Lynch executives who invested in LJM2, a "special purpose entity" managed by Enron's ...

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