Friday, November 10, 2006

Enron's Fastow assigned to La. Prison



HOUSTON - Former Enron Corp. financial whiz Andrew Fastow will serve six years in a federal prison in Louisiana for plundering the company while concealing its feeble financial condition from investors.

Fastow, 44, had asked that he be assigned to a federal prison in Bastrop, Texas, about 30 miles southeast of Austin. U.S. District Judge Kenneth Hoyt made that recommendation when he sentenced Fastow in September.
But the U.S. Bureau of Prisons, which makes the final decision on where inmates are sent, assigned Fastow to the Federal Detention Center in Oakdale, La., about 200 miles northeast of Houston.

http://news.yahoo.com/s/ap/20061110/ap_on_bi_ge/enron_fastow

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