91. Worried about possible trading losses, investors pounded the shares of two Wall Street firms known for their bond trading operations. 92. Both sets of losses occurred in bond trading operations in New York. 93. Citigroup Inc. and UBS AG are reportedly preparing rival bids to purchase the sputtering trading operations of Enron Corp., the bankrupt Houston-based energy company. 94. Enron also is transferring its once-envied trading operation to Swiss investment bank UBS Warburg. 95. Enron suspended payment of some debt and shut down its online trading operation Wednesday. 96. Enron Corp. selected investment bank UBS Warburg as the winning bidder for its wholesale energy trading operation Friday following a private auction presided over by a bankruptcy court. 97. Family sources say that he has started certain trading operations there and is about to become an NRI. 98. Hawes, who was group treasurer of Baring Securities Ltd., provided cash to the Singapore trading operations as Leeson was getting the bank into trouble. 99. He said a series of stringent new procedures will be added to worldwide trading operations to prevent a similar loss. 100. He said stringent new procedures will be added to worldwide trading operations to prevent a similar loss. |
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