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Ex-Enron Division Chief Pleads Guilty

Admits to false and misleading statements intended to convince the public that Enron Broadband Services was a 'thriving telecommunications business.'

> > Kenneth Rice, the former CEO of Enron Corp. high-speed Internet division, pleaded guilty on Friday to charges of securities fraud and agreed to cooperate with prosecutors, according to several news accounts.
Source: CFO


Published:2004-08-03
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Former executive still has a whistleblower case pending before the Labor Department.

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