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'Enron of Spain' Fallout Ripples Into U.S. Markets
Thursday, June 08, 2006
By Richard Behar
LONDON — Some experts are calling it the "Enron of Spain," the biggest financial scam that country has ever known. A Spanish prosecutor has warned it might have “grave repercussions for the Spanish economy.” And now, the shock waves are rippling into U.S. markets, where the full effects are still unknown.