2/6/2004: Enron Agrees to Earmark $2.3 Billion from PGE Sale; Money Will Go Into Retirement Plan (Portland [Ore.] Tribune)

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.