Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, November 29, 2007

NatWest Three Plead Guilty to Enron Charges

Three British bankers pleaded guilty in Houston to Enron-related charges that they conspired with Andrew Fastow to enrich themselves at the expense of their employer, the National Westminster Bank of England.  They also agreed to repay the bank $7.5 million.  Their trial was scheduled to start in January.  The extradiction of "the NatWest Three" created controversy in Great Britain in 2006.  NYTimes, 3 Bankers Plead Guilty in Case Tied to Enron; WSJ, Three British Bankers Enter Guilty Plea in Enron Case.

http://lawprofessors.typepad.com/securities/2007/11/natwest-three-p.html

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