Enron Bankers, Federal Regulators Reach Deal

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J.P. Morgan Chase and Citigroup, two of Wall Street's most prominent banking firms, agree to pay $255 million to settle charges they helped Enron disguise loans as revenue. The Securities and Exchange Commission says the banks helped create the "special-purpose entities" Enron used to conceal its debt load. NPR's Jim Zarroli reports.



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