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Lilly and Enron

Executive Summary

The Securities & Exchange Commission has subpoenaed Lilly to provide information about an energy management services contract it had with Enron. Lilly characterizes the subpoena as unsurprising, given the scope of the ongoing investigation about Enron's accounting practices, and says it is cooperating. Lilly says it has not been contacted by any other government entity to provide information about Enron contracts. The contract was terminated in July...

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