Former Enron exec expected to reach plea agreement Chris Buell at 1:37 PM ET
A former assistant treasurer with Enron Corp. is expected to reach a plea deal Tuesday with the government on conspiracy charges. Timoth Despain was expected to plead not guilty before a US magistrate judge this morning before pleading guilty before a US district judge later in the day. Although facing up to five years in prison, Despain will be granted immunity from further charges stemming from criminal activity with Enron or Halliburton, where he worked after leaving Enron.
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