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Letter from Houston

If something seems too good to be true, that's usually because it is. My mother told me that, so it must be right.

She'd probably have a few more choice words for Ken Lay, Jeff Skilling and the rest of the merry band that led Enron into one of the US's biggest corporate collapses just in time for Christmas. Of course, she would have to get in line behind about 9,000 former Enron employees, thousands of shareholders, several big creditors and, if things turn nasty, district and federal judges.

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