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document.write("<marquee scrolldelay='75' scrollamount='5'>The White House has been ratcheting up the pressure on Congress to raise the debt limit by $750 billion, reminding lawmakers that the <a href='http://www.777-health.com/energy_news_flash.html'>Bush administration</a> might have to take unspecified *extraordinary measures* if Congress failed to act... April 30, 2002 - <a href='http://www.nytimes.com/2002/04/30/business/30BANK.html?todaysheadlines'>At Center of Enron Bankruptcy, Dispute Over Big Bank Creditors</a> - In a Manhattan bankruptcy court, where hundreds of lawyers are trying to carve up what remains of Enron, the first order of business is finger-pointing — and many of the fingers are pointing at <strong>J. P. Morgan Chase</strong> and <strong>Citigroup</strong>... With billions of dollars at stake, many creditors question whether the two Wall Street giants can represent their interests when, they contend, the banks helped cause many of Enron`s financial problems in the first place. Some are even asking that the banks be thrown off the 15-member committee responsible for determining what is owed to Enron shareholders, lenders, employees and thousands of others left in the lurch by Enron's collapse... The banks are the subject of government investigations and private lawsuits over their role in structuring off-balance-sheet partnerships that helped sink Enron. Some creditors say the banks are in hopeless conflict, and the Securities and Exchange Commission has expressed concern, as well... Spokesmen for J. P. Morgan Chase and Citigroup, which each say they are owed hundreds of millions of dollars by Enron, would not comment, citing confidentiality agreements with the creditors` committee... 'You have got the ultimate conflict of interest,' said Elizabeth Warren, a Harvard Law School professor and expert in bankruptcy law. 'What are the biggest assets of Enron now? Its lawsuits against everyone who participated in Enron's fraudulent activity. In their capacity as representing Enron creditors, these firms should be initiating lawsuits against those who injured creditors and shareholders. But the lawsuits they would be initiating would be against themselves...' J. P. Morgan and Citigroup were both among Enron`s biggest lenders, and both helped structure, and invested in, some of the off-balance-sheet partnerships that critics say helped the company disguise its financial condition.... </marquee>");
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