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Enron Demonized Some More

It seems that Enron hasn't paid any taxes and have still managed to receive refunds. I wish I could figure out how to do that.

The New York Times (news/quote) reported last week that Enron paid no taxes on its profits in four of the last five years and was eligible for $382 million of refunds. Enron created 881 partnerships in the Cayman Islands and other tax havens, most of which also have strict bank secrecy laws, actions the Finance Committee plans to examine in hearings that may begin as soon as March.

I'm sure Ralph Nader will enjoy this.

Posted by nicole at January 24, 2002 09:41 AM
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