EPIC Retirement Plan Services
Loren D. Stark Company
Randall & Hurley, Inc.
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|Enron Agrees to Earmark $2.3 Billion from PGE Sale; Money Will Go Into Retirement Plan|
Portland [Ore.] Tribune
Feb. 6, 2004
Excerpt: Under pressure from federal pension regulators, Enron Corp. has agreed to put all of the $2.3 billion in proceeds from the anticipated sale of Portland General Electric into an interest-bearing account to cover its share of pension losses.... The agreement was made Wednesday in U.S. Bankruptcy Court in New York City, a day after the Pension Benefit Guaranty Corp. filed a last-minute objection to the PGE sale.
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