$134 Million to be Distributed to Enron Workers and Retirees

$134 Million to be Distributed to Enron Workers and Retirees: "WASHINGTON - U.S. Secretary of Labor Elaine L. Chao today announced that Enron workers and retirees will receive $133.95 million in cash to be distributed through the company's retirement plans. The major portion of the cash total, $124.6 million, represents proceeds of the sale of the Enron Corp. bankruptcy claim to Bear Stearns Investment Products Inc., New York, N.Y.; the remaining $9.33 million was paid separately by Enron earlier this month as a distribution for part of the bankruptcy claim. "