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Article: Merrill Lynch denies abetting Enron
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- July 31, 2002
- Author:
CopyrightCopyright 2002 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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Merrill Lynch denies abetting Enron
Executives refuse to testify, but senators say company helped
energy firm hide trouble
By LAURIE KELLMAN Associated Press
Wednesday, July 31, 2002
Washington -- Skeptical senators accused Merrill Lynch & Co. on
Tuesday of abandoning its moral, if not legal, responsibility to
investors by helping Enron hide its financial problems despite a host
of ethical questions.
"Merrill Lynch was fully aware of what Enron was trying to do,"
said Sen. Carl Levin (D-Mich.), chairman of the investigative