enron mentions 11 19 01 enron says may pay 690 mln note next week bloomberg 11 19 01 usa interview pepco sees electricity deregulation slowing reuters english news service 11 19 01 lawmaker andersen 2 co confident quality dow jones news service 11 19 01 pension funds consider legal action enron dow jones business news 11 19 01 gold bennett cera sidener llp announces class action lawsuit enron corporation certain officers directors pr newswire 11 19 01 usa update 2 congressman urges probe andersen enron reuters english news service 11 19 01 enron delays closing indian plant creditors legal action afx news 11 19 01 usa company enron trials begun eiu viewswire 11 19 01 1 billion secured credit calmed fears enron high yield report 11 19 01 kaplan fox expands class period investors purchased enron corp securities internet wire 11 19 01 dynegy buy enron chevrontexaco provides 2 5 billion cash flow octane week 11 19 01 enron meltdown high gas prices gas processors report 11 19 01 u dingell seeks probe arthur andersen dow jones says bloomberg 11 19 01 enron azurix may sell assets borrow bloomberg 11 19 01 enron says may pay 690 mln note next week 2001 11 19 18 16 new york enron says may pay 690 mln note next week houston nov 19 bloomberg enron said drop credit rating may force pay 690 million note nov 27 find collateral guarantee debt repayment triggered nov 12 downgrade enron senior unsecured debt rating bbb standard poor company said securities filing enron must post collateral equal amount note repay securities exchange commission filing said without repayment partners limited partnership owns natural gas assets brazil immediately begin liquidate partnership assets enron said enron said working lenders come acceptable agreement debt drop debt rating would put investment grade would trigger repayment 3 9 billion debt owed two affiliated companies rating drop would trigger repayment 2 4 billion debt owed osprey trust 915 million owed marlin water trust company said filing enron bought dynegy inc 25 billion stock debt enron also said filing shareholder lawsuits result judgments totaling 2 billion dynegy deal could collapse filing released stock market closed shares houston based enron rose 6 cents 9 06 dynegy shares rose 1 13 43 60 shares chevrontexaco corp owns 26 percent dynegy fell 54 cents 82 91 usa interview pepco sees electricity deregulation slowing christopher doering 11 19 2001 reuters english news service c reuters limited 2001 washington nov 19 reuters several states delayed plans deregulate power markets scared woes beleaguered energy trader enron corp california failed electricity market restructuring sept 11 attacks head potomac electric power co said monday john derrick chief executive washington based pepco said interview utility deregulation eventually regain momentum uncertainty market left states questioning effectiveness near term change volatile power market several states delayed power deregulation including nevada oregon new mexico oklahoma arkansas west virginia montana things happening margin whether california 9 11 sept 11 attacks enron tend slow changes gone path derrick said addressing energy department conference coal technology derrick optimistic future deregulation already exists working think stay course said boost customer choice 23 states district columbia deregulated retail electricity markets deregulation breaks utility monopolies giving customers choice providers driving prices electricity competition set begin texas illinois michigan virginia next year derrick said state deregulation efforts pick momentum consumers demand choice lower prices people live market deregulated move place exist going say gee derrick said customers going start demand choice added pepco part pennsylvania new jersey maryland pjm power pool operates electricity grid mid atlantic region pjm currently coordinates pooled generating capacity 59 000 megawatts plans expand generating capacity 25 percent next years meet demand pjm also operates wholesale electricity market 200 buyers sellers traders california dealt first blow electricity deregulation last year state power prices soared bankrupting pg e corp pacific gas electric unit forcing rolling blackouts customers experts blamed california power crisis state ill fated deregulation plan prohibited utilities passing wholesale price increases consumers decline enron may slow restructuring uncertain customers stick existing power suppliers rather seek new energy providers copyright 2000 dow jones company inc rights reserved lawmaker andersen 2 co confident quality 11 19 2001 dow jones news service copyright c 2001 dow jones 202 862 6692 judith burns dowjones com copyright 2000 dow jones company inc rights reserved pension funds consider legal action enron christiane bird 11 19 2001 dow jones business news copyright c 2001 dow jones company inc dow jones newswires new york pension funds major stakes enron corp considering taking legal action houston energy giant following recent stock collapse disclosures possible conflicts interest among management institutional investors taking passive approach waiting see developments unfold among pension funds looking possible lawsuits 112 billion new york state common retirement fund five new york city pension funds handle total 85 billion assets city firefighters police teachers workers state fund holds 2 1 million enron ene shares city funds hold 2 9 million looking possible lawsuit leaning one way another said frank sobrino spokesman new york state common retirement fund looking possible legal action nothing decided yet said david neustadt spokesman new york city comptroller office oversees city five pension funds barclays global investors manages 790 billion mostly pension funds institutional clients said would join others class action suit lead plaintiff barclays fourth largest investor enron 21 million shares sept 30 style lend taking lead role would members class suit said linda selbach head corporate governance primarily passive money manager barclays invests according market forces according company information claim misled false information explained however macro level involved shaping law respect securities litigation would said company would especially inclined get involved suit promised set precedent cases line said pension funds among largest enron investors institutional investors pension funds mutual fund companies money management firms among largest investors enron top performing company whose stock plunged 89 year date subject securities exchange commission probe outside partnership deals several law firms already sued company behalf shareholders accusing enron misleading investors artificially inflating share price last week 143 billion california public employees retirement system calpers issued release stating intention oppose appointment current enron board member board company enron may contemplating merger statement came following reports enron might acquired smaller rival dynegy inc dyn enron seeking right appoint three members combined company board issues sorted interests shareholders best served retirement current directors michael flaherman chair calpers investment committee said statement however calpers comment regarding possible legal action enron spokesman brad pacheco said calpers owns three million shares enron also invests dynegy 105 billion california state teachers retirement system calstrs taking keen interest reviewing holdings options regarding enron said spokeswoman board made decisions yet plans discuss subject closed session next board meeting said 96 billion florida retirement system holds 9 7 million enron shares still evaluating situation spokeswoman lee baldwin said feeling much news going decision far waiting see happen similarly among mutual fund companies janus capital corp second largest holder enron 41 4 million shares sept 30 yet considering legal action spokeswoman said would premature alliance capital management lp largest holder enron 42 9 million shares sept 30 fidelity management research fifth largest holder 20 8 million shares sept 30 said policies commenting individual company holdings largest actively managed u mutual fund 71 6 billion fidelity magellan fund held 5 7 million shares enron sept 30 according semiannual report released last week john shipman frank byrt contributed article write christiane bird christiane bird dowjones com copyright c 2001 dow jones company inc rights reserved copyright 2000 dow jones company inc rights reserved gold bennett cera sidener llp announces class action lawsuit enron corporation certain officers directors 11 19 2001 pr newswire copyright c 2001 pr newswire san francisco nov 19 prnewswire gold bennett cera sidener llp announced today filed class action united states district court southern district texas houston division case h 01 4009 behalf purchasers enron corporation nyse ene enron common stock period november 15 1998 november 8 2001 inclusive class period plaintiff seeks recover damages behalf purchasers enron securities class period plaintiff represented san francisco law firm gold bennett cera sidener llp 30 years gold bennett cera sidener llp predecessors successfully engaged complex commercial litigation including shareholder consumer antitrust class actions federal state courts throughout united states recovering hundreds millions dollars clients purchasers enron securities may http www gbcsf com additional information firm practice complaint alleges enron certain officers directors violated sections 10 b 20 securities exchange act 1934 rule 10 b 5 promulgated thereunder specifically complaint alleges defendants misrepresented omitted state material facts regarding enron business financial results class period artificially inflate maintain price company securities november 8 2001 prior opening market enron shocked investing public announcing would restate financial results 1997 1998 1999 2000 first two quarters 2001 correct accounting irregularities caused enron overstate net income hundreds millions dollars enron also admitted audit reports issued financial reports periods could relied upon result restatements enron forced reduce shareholders equity 1 2 billion upon revelation news enron stock plummeted 8 41 per share class period high approximately 90 per share member class described may later december 21 2001 move court serve lead plaintiff class choose order serve lead plaintiff however must meet certain legal requirements wish discuss action questions concerning case rights interests please contact gwendolyn giblin esq gold bennett cera sidener llp 595 market street suite 2300 san francisco california 94105 telephone 800 778 1822 415 777 2230 facsimile 415 777 5189 e mail enron gbcsf com make opinion count click contact gwendolyn giblin esq gold bennett cera sidener llp 800 778 1822 1 415 777 2230 fax 1 415 777 5189 enron gbcsf com 16 11 est copyright 2000 dow jones company inc rights reserved usa update 2 congressman urges probe andersen enron kevin drawbaugh 11 19 2001 reuters english news service c reuters limited 2001 washington nov 19 reuters u congressman called investigation big five accounting firm arthur andersen llp connection audits enron corp waste management inc according letter released monday turning heat conflict interest issue among world largest bean counters rep john dingell asked public oversight board oversight review special investigation arthur andersen llp said letter made available reuters dingell also asked board look peer reviews arthur andersen conducted recent years accounting firms including deloitte touche questioned value triennial peer review process place since 1978 best accounting standards world meaningless accounting audit processes inept corrupt produce unreliable numbers untruthful reporting wrote dingell michigan democrat letter request pob investigation review include adequate transparent public disclosure significant issues identified dingell wrote accounting consolidated fewer larger firms lines business auditing consulting come increasing fire conflict interest issue dingell letter latest continuing barrage criticism leveled recent years big five firms arthur andersen based chicago auditor houston energy trading giant enron rocked recent weeks securities exchange commission probe certain outside partnership deals involving company officers enron stock price plunged several managers resigned numerous shareholder lawsuits pending enron earlier month said planned bought rival dynegy inc critics said arthur andersen done enron auditor draw investors attention unusual finances lawsuit filed oregon alleged arthur andersen judgment swayed lucrative consulting fees collecting enron also paid auditor andersen says confident process responding dingell andersen spokesman david tabolt said accounting firms must report litigation involving allegations audit failures within 30 days committee sec practice section public oversight board oversees profession self regulatory processes pob oversees committee responsible conducting inquiry determine whether matters subject litigation indicate systemic quality control problems need addressed either firm involved profession tabolt said confident process confirm quality auditing processes said sec said last month investigating enron company appointed special internal committee look unusual partnership deals heart probe deloitte touche also big five accounting firm named assist committee inquiry enron said according dingell deloitte conducting triennial peer review andersen system set 1970 ensure quality accounting peer review process also supervised public oversight board based connecticut neither board deloitte could reached dingell said deloitte dual roles peer reviewer andersen internal investigator audit client enron raise questions potential conflicts interest given appearance conflicts interest public record date regarding allegations professional malpractice worse andersen waste management fraud evolving enron corp accounting debacle well considerable damage investors appears little reason public faith andersen peer review process wrote dingell ranking member house committee energy commerce june arthur andersen fined 7 million sec settle charges filed false misleading audit reports waste management garbage hauling concern largest ever civil penalty big five accounting firm andersen admit deny charges copyright 2000 dow jones company inc rights reserved enron delays closing indian plant creditors legal action 11 19 2001 afx news c 2001 afp extel news ltd bombay afx enron corp indian subsidiary said delay serving final termination notice close power project western maharashtra state local creditors filed legal action dabhol power company ltd dpc originally going serve notice maharashtra state electricity board mseb today six month deadline resolving payment dispute ends enron official told agence france presse however wait dec 3 indian banks financial institutions lent money dabhol power recently filed lawsuit ensure get funds back domestic lenders gone court secured stay order final notice till next nearing december 3 enron official said working strategy help resolve issue soon possible obviously disclose lawsuit filed state bank india icici ltd industrial development bank india ifci ltd enron official said bankers gone court demanding immediate resumption work plant ensure cash flow help owners repay money owed lenders jds cmr jsa information contact afx www afxnews com www afxpress com copyright 2000 dow jones company inc rights reserved usa company enron trials begun 11 19 2001 eiu viewswire c 2001 economist intelligence unit limited rights reserved country briefing economist new york lawyers swarming enron old financial statements press releases hope reaping huge fees securities litigation 20 class action lawsuits filed recent weeks new ones popping every day formal process started consolidate litigation houston troubled energy company based lawyers interested case required stake claims december 21 st broadest accusations fraud material misstatement legal ways saying company financial statements garbage week enron founder chairman kenneth lay decided forgo severance package worth 60 admitting company problems exacerbated extensive use debt capital balance sheet america financial accounting standards board fasb looking balance sheet financing fretted decade also charges insider trading even enron issuing securities amid glowing profits reports top executives dumping 1 billion enron shares unsuspecting investors group includes anybody however briefly held one company 750 shares past two years number class members huge says maurice pesso lawyer new york firm filed claim however limits company liability already restated results going back five years federal law restricts litigation past three moreover enron take rap alone auditor arthur andersen plain andersen also named defendant least one complaints already filed litigation comes rough decade andersen pay hundreds millions dollars settlements sloppy audits companies waste management sunbeam discovery zone enron evolved energy company financial firm became much like unregulated bank lack supervision meant role company auditor crucial andersen certainly paid 2000 collected 25 auditing enron books another 27 consulting services account source economist copyright 2000 dow jones another 500 million 1 billion private equity lay said negotiations last week success planned 800 million sale assets year end 1 75 billion loan part 3 billion revolving facility also led jp morgan chase citibank ssb drawn october pay 1 8 billion commercial paper obligations calm market concerns enron liquidity facility also includes 1 25 billion portion matures 2005 one big credit issues corporate standpoint enron ability renew 364 day facility matures 2002 said ralph pellechia credit analyst fitch lead banks declined comment ongoing loan discussions include already agreed 1 billion facility secured enron pipeline assets bankers close knit loan syndication community admitted dark likely though discussions included attempt address bankers concerns loan maturing five months pellecchia said think conjunction new 1 billion loan attempting address revolver pellecchia said 1 billion loan hammered late october expected syndicated among small select group lenders incorporating maturing revolver current solution would likely bring wider circle banks one banker said noting everybody existing deal jpm citi must save enron however financing unfolds arrangers jp morgan chase citibank ssb tight control deal reflects banks urgency aiding major corporate client broad range business exposure exposure extends beyond corporate loans credit derivatives short term loans financing company myriad energy trading related transactions jp morgan citi gain also lose respect enron said one rival banker adding banks rapid response enron deteriorating situation reflected importance relationships amazed quickly 1 billion deal came together enron never anything secured pledged valuable pipeline assets 1 billion loan secured enron trans western northern natural gas pipeline systems latter also pledged dynegy 1 5 billion investment risk standpoint probably best peace enron paper chase citi secured stuff said one banker despite impressive collateral 1 billion loan priced attractively 250 basis points libor said think comment bad news enron going put one major jewels 1 billion credit libor plus 250 addition playing major roles financing enron balance sheet ventures dahbol power project india jp morgan chase citibank ssb also major players company complicated financing initiatives example citibank ssb runs enron yosemite credit linked note program along jp morgan chase active enron related credit derivative business recent research report goldman sachs noted one stop shop concept closely tied banks enron also made crucial trying times two banks involved enron terms magnitude credit derivatives exposure citi jp morgan also obviously involved selling company acting financial advisor sale report stated banks critical given enron liquidity needs related high risk rating agency downgrades likely influential outcome reached sell company means sustain operations enron protect creditors involved consequently way another win bank broker model report says separate report goldman fixed income power analyst robert rubin said despite enron questionable business practices bringing close brink merger maintains core energy market making operations preferable leaving vacuum arena added despite concerns raised ratings agencies parties goldman believes merger close balance sheet combined company could strong enron completes asset sales fitch pellecchia said still lot moving pieces copyright 2000 dow jones company inc rights reserved kaplan fox expands class period investors purchased enron corp securities 11 19 2001 internet wire c copyright 2001 internet wire inc new york ny internet wire 19 11 2001 kaplan fox kaplanfox com filed class action enron corp certain company officers directors united states district court southern district texas suit brought behalf persons entities purchased securities enron corporation enron nyse ene january 20 1998 november 8 2001 inclusive class period complaint charges enron corp certain officers directors violations securities exchange act 1934 complaint alleges class period defendants engaged asset securities sales closely related affiliates interested parties disguised enron true financial position many details transactions hidden public defendants used asset sales falsely improve enron balance sheet thereby maintaining enron shares artificially inflated price certain enron executives held positions affiliates presented clear conflicts interest reaped millions dollars personal gains transactions complaint alleges class period defendants made misleading statements regarding potential value enron broadband business order artificially boost enron share price knowledge enron broadband business would never post profit seriously overvalued defendants continued make misleading statements broadband business order maintain share price artificially inflated levels defendants used artificially inflated value enron broadband business order gain millions dollars financing defendants failed disclose risk financing arrangements defendants hid true nature enron earnings hedging businesses correct state enron finances investors market artificially inflating enron share price stock artificially inflated reasons enron executives engaged extensive insider trading gaining personal proceeds 482 million class period public became aware practices plaintiff seeks recover damages behalf class represented kaplan fox kilsheimer llp firm offices new york san francisco chicago new jersey many years experience prosecuting investor class actions actions involving financial fraud information kaplan fox kilsheimer llp may visit website www kaplanfox com member class may move court later december 21 2001 serve lead plaintiff class order serve lead plaintiff must meet certain legal requirements questions notice action rights interests please e mail us mail kaplanfox com contact kaplan fox kilsheimer llp 805 third avenue 22 nd floor new york ny 10022 kaplan fox kilsheimer llp 100 pine street 26 th floor san francisco ca 94111 contact frederic fox esq kaplan fox kilsheimer llp voice 800 290 1952 fax 212 687 7714 email mail kaplanfox com contact laurence king esq kaplan fox kilsheimer llp voice 415 336 1238 fax 415 677 1233 email mail kaplanfox com copyright 2000 dow jones company inc rights reserved dynegy buy enron chevrontexaco provides 2 5 billion cash flow 11 19 2001 octane week c 2001 phillips business information inc chevrontexaco corp backing dynegy inc proposed buyout ailing enron corp putting 2 5 billion new equity dynegy support deal chevrontexaco currently owns approximately 26 dynegy outstanding common stock invest 1 5 billion immediately 1 billion balance would made closing dynegy enron merger relationship dynegy proven highly beneficial companies optimistic continue see comparable better performance future said david reilly chairman ceo chevrontexaco chevron first took stake dynegy 1996 dynegy one industry largest marketers traders natural gas power coal well leading producer electricity dynegy midstream services one largest marketers producers natural gas liquids also hopeful combination dynegy enron restore market credit confidence important energy sector reilly continued october securities exchange commission began investigating enron relationship two questionable partnerships run former chief financial officer andrew fastow november enron revealed certain balance sheet entities included financial statements company would restate four years worth filings company stock price plunged 52 week peak 84 87 7 two weeks ago shell reported one time potential buyer enron together dynegy enron natural gas sales approximately 40 billion cubic feet per day 25 000 miles gas pipelines carol cole copyright 2000 dow jones company inc rights reserved enron meltdown storage chock full much little could injected cavern pressures high sure lot weather hype cold winter coming forecast meaningless even came true winter would 7 8 colder normal burn 375 billion cubic feet bcf surplus already storage get next april inventories line last april levels anybody could see surplus also due get much bigger end november huge 70 90 bcf weekly withdrawals last year due fact month bitterly cold 2000 face bearish facts could willing bid cash prices spot october bid even higher last week bid week november talking obligations committed buyers baseload supply entire month november spot price day two swing supply big storage arbitrage game either cash market strength explained arbitrage game buying cash gas cheap injecting storage shorting months futures lock margin much gap november screen index cash prices cash deals went index minus cents october true nice gap cash december futures screen much chance profit storage full little volume could injected october someone says price surge month due expected workings supply demand would ask smoking sunspots would likely explanation lack confidence enron counterparty likely explanation better idea emerges note spot prices continued high november spite continued record breaking warmth henry hub cash tags reached 3 24 friday nov 2 reversed suddenly nov 7 9 serious rumors dynegy going buy enron put misery began became fact presstime last wednesday nov 14 mere one week later henry hub collapsed way 2 29 still falling like stone getting back october coincidence think likely reason prices low october rumors enron troubles circulating wholesale market given flat tire fear potential lack liquidity could perceived need somebody better credit rating back enron traders took opposite side one trade four nationally fact recent news reports say first reports enron problems emerged mid october falloff willingness commercial users gas electricity well buy fixed price supply contracts enron firm corporate credit risk hampered ability hedge obligations comfortable would feel signing fixed price deal company assets produce gas generate power whose ability obtain supplies via futures swaps eroded credit verge downgraded junk energy banker asked could favored long side market normal circumstances consumers utilities could almost stayed november bid week cash market backed huge storage warm weather instead must bought heavily perhaps fearing enron sick enough counterparty weight take side supply later stayed short fear could counter swaps hedge later spot purchases might available enron online way usually traders might able take slack since trade often enron commercial players might perceived infected weakness dynegy deal announced however prices could freed fall back end september users unafraid play short side enron back business better credit rating nov 14 cash prices 1 bid week enron spokesman eric thode said volumes enron online returned normal range 30 day moving average improved normal 5 700 transactions per day notional value 1 7 billion even allowing exaggeration enron pr man instill market confidence points correlation falling prices revived enron speak german enron happened gas prices last month could mirror image metallgesellschaft ag induced crisis oil futures market early 1994 crisis pushed oil prices instead shoving gas prices german firm trader user oil used aggressive strategy obtain supplies oil order lock price coming year germans stacked contracts covering oil needs coming year long positions near month would go delivery portion needed next four weeks would roll rest contracts onto next futures month selling remainder expiring month contracts using money buy number next month contracts sure able without losing lederhosen germans sure next month contracts would cheaper prompt month ones sold well due last minute purchases consumers going delivery prompt month usually higher next one germans thought strategy would guarantee profit every month flipped futures stack nice kicker top locked underlying cost oil would use year yeah right well one month happen mostly traders got wind germans decided hold feet fire bidding next month variant happened long term capital management four years later losing another battle bulge time nymex traders instead general patton metallgesellschaft cratered trustee unwound train wreck long futures went selling spree kept nymex price low months ngl price boxscore data altrade tm ngl indexes mtd averages italics mont belvieu tx eth pro norm iso pen ngl bbl nov 8 14 01 22 53 35 45 41 44 39 36 45 34 13 99 nov 1 7 01 23 85 35 91 41 24 40 38 45 5 14 28 oct 25 31 01 24 63 39 22 43 74 43 15 15 30 oct 18 24 01 23 95 39 27 43 96 43 34 47 84 15 07 oct 01 24 05 39 44 45 06 44 44 50 15 34 sept 01 25 62 42 4 52 65 51 8 59 68 17 19 3 rd qtr 01 26 55 41 12 49 94 49 7 56 31 16 75 2 nd qtr 01 36 27 49 57 55 22 64 89 64 68 20 50 3 rd qtr 00 39 59 39 66 99 66 35 75 29 23 47 nov 9 15 00 43 46 61 35 73 24 72 02 82 94 25 39 conway ks group 140 nov 8 14 01 21 08 37 67 37 13 41 5 44 16 13 78 nov 1 7 01 22 57 40 69 38 5 43 68 43 78 14 48 oct 25 31 01 22 21 44 22 39 86 48 5 49 21 15 41 oct 18 24 01 21 72 44 74 40 84 47 17 50 44 15 50 oct 01 21 7 44 21 39 63 46 37 54 04 15 59 sept 01 21 83 46 97 44 93 51 87 78 11 18 00 3 rd qtr 01 23 86 45 33 44 72 52 77 74 4 17 88 2 nd qtr 01 32 27 54 15 53 99 76 12 76 01 21 44 3 rd qtr 00 37 11 63 91 65 8 67 48 78 9 23 93 nov 9 15 00 42 26 62 63 73 27 74 8 83 25 43 individual product prices cents per gallon ngl barrel dollars per 42 gallons copyright 2000 dow jones company inc rights reserved u dingell seeks probe arthur andersen dow jones says 2001 11 19 15 24 new york washington nov 19 bloomberg u representative john dingell michigan democrat requested special investigation arthur andersen llp audits enron corp waste management inc dow jones newswires reported dingell sent letter public oversight board chairman charles bowsher asking review newswire said andersen world fifth largest accounting firm served enron outside auditor decade assuring investors company financial statements conformed generally accepted accounting principles earlier month company reported overstated earnings 586 million four half years inflated shareholder equity 1 2 billion accounting error failed consolidate results three affiliated partnerships balance sheet june andersen reached 7 million settlement securities exchange commission neither admitted denied allegations fraud related audit waste management inc andersen undergoing peer review deloitte touche dow jones said enron azurix may sell assets borrow 2001 11 19 14 35 new york enron azurix may sell assets borrow houston nov 19 bloomberg azurix corp enron corp water unit may sell assets find financing continue operations company said regulatory filing enron took azurix public june 1999 water company stock plunged took private paid investors march azurix sure able renew refinance 113 3 million long term debt including bank loans matures sept 30 reasonable cost said filing u securities exchange commission company also 326 3 million short term debt sept 30 loans azurix primary sources liquidity filing said company raise funds might use proceeds planned asset sales refinance debt get cash filing said asset sales generate enough money azurix may need sell assets could result azurix incurring losses future periods company said azurix though still must file sec longer trades separate stock shares houston based enron fell 8 cents 8 92 early afternoon trading enron agreed earlier month acquired rival dynegy inc transaction currently valued 24 9 billion buyout came enron shares plunged amid sec investigation company dealings affiliated partnerships