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Correction: Enron-Faith No More story

Thu Dec 1, 2011 5:33 PM EST
us-news, business, us, associated-press, faith, wall-street, more, enron, tyco-international
Associated Press
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<p>FILE - In this May 2, 2006 file photo, Enron Corp. founder Kenneth Lay, right, is escorted by Houston police Sgt. K.R. Perkins to the federal courthouse in Houston. People didn't know how Enron made money because it was a nearly impossible given the 3,000 private deals that came to light in its collapse, partnerships with names like Raptor, Condor and Chewbacca. Those allowed it to shunt billions of debt off its books and convince investors it was safe — as long as they didn't ask too many questions. (AP Photo/Ric Feld, File)</p>

FILE - In this May 2, 2006 file photo, Enron Corp. founder Kenneth Lay, right, is escorted by Houston police Sgt. K.R. Perkins to the federal courthouse in Houston. People didn't know how Enron made money because it was a nearly impossible given the 3,000 private deals that came to light in its collapse, partnerships with names like Raptor, Condor and Chewbacca. Those allowed it to shunt billions of debt off its books and convince investors it was safe — as long as they didn't ask too many questions. (AP Photo/Ric Feld, File)

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NEW YORK — In a Dec. 1 story about corporate scandal and vanished wealth since Enron's collapse a decade ago, The Associated Press reported erroneously that Tyco International filed for bankruptcy in 2002. The company never filed for bankruptcy.

© 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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