Word: dynegyã
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Dynegy ended up passing on the Enron sale, but only because of the diligence of Dynegy??€™s own investment bankers in discovering the sad state of Enron’s finances. Enron declared bankruptcy soon after. Had Rubin’s alleged call to Moody’s been successful and led to the sale of Enron to Dynegy, Citigroup (together with J.P. Morgan, the other investment bank involved) would have made $90 million and Dynegy??€™s shareholders would have been stuck with Enron’s debts. If these allegations are proved true, Rubin will...
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