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Prized Asset

Enron Corp. sold a prized asset for 88 times its asking price, but this time it didn't need an accountant, banker or chief financial officer to make the deal -- just an auctioneer.

The Houston company Wednesday sold off a 5-foot chrome sign of its "Crooked E" logo for $44,000 -- about the price of a nicely equipped Lexus sedan -- as part of a huge auction to raise money for creditors owed billions in its collapse.

... Arthur Anderson immediately recorded the $112,000 sale...



Squish Date 10/09/2002

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