Federal prosecutors rested their case Tuesday in the fraud and conspiracy trial of Enron Corp. founder Kenneth Lay and ex-CEO Jeffrey Skilling after filing a motion to drop three charges against Skilling and one against Lay. The defense, which was denied motions for acquittal, will open its case Monday.
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Edison Positive About Committee Passing Rescue Bill
Although no one is willing to bet on its becoming law, the legislative proposal to rescue Southern California Edison Co. Friday was rested in place at a state Assembly appropriations committee, which will resume making technical amendments to it Tuesday after Labor Day. A vote by the full lower house of the legislature could come late Tuesday or Wednesday.
September 3, 2001