A group of 11 insurers agreed Thursday to pay JP Morgan Chase & Co. nearly $654 million of the $1.1 billion it lost through natural gas trades that were defaulted on by Enron Corp., according to the bank’s lawyer.
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Articles from Recoups
Articles from Recoups
A group of 11 insurers agreed Thursday to pay JP Morgan Chase & Co. nearly $654 million of the $1.1 billion it lost through natural gas trades that were defaulted on by Enron Corp., according to the bank’s lawyer.