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Ken Lay

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Enron Executives Protected Pensions With Partnerships

Original publication date: 
Thursday, February 7, 2002 (All day)

Enron's bankruptcy may have wiped out most of the retirement savings of most of its workers. But one thing it didn't take away were the pensions of its most senior executives. Financial filings disclose that former Enron Chairman Kenneth Lay, for one, used a private partnership to protect millions of dollars worth of executive pension benefits.

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