Remember Enron - papers 4 November

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Just one day after Bush was given another four years in office, the first guilty verdicts were delivered from a criminal trial linked to the Enron scandal - centred on Bush's home state of Texas.

Four Merrill Lynch investment bankers and one mid-level Enron executive were found guilty by a jury in Huston, after they were prosecuted for rigging the $7m sale of electricity barges in Nigeria as a way to inflate Enrong’s reported profits. The convicted men now face up to 15 years in prison, The Times reports. IN OTHER CRIME-RELATED news, The Scotsman reports banks north of the border are to cut the amount customers can withdraw from cash machines because of soaring fraud. Customers have lost £2m in the past 12 months across Scotland from cash machine fraud – an increase of 134%...

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