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Thursday, Feb 14, 2002

full of sheet

"Bankers at Citigroup (news/quote), Credit Suisse First Boston and Deutsche Banc Alex. Brown found ways for Enron to remove lagging assets from its balance sheet by selling bonds backed by Enron's stock.

After hatching that idea, some of those bankers took it on the road and sold it to other corporations that wanted to make their financial statements look better, too."