CSFB Advises Of Enron Link

US Congressional investigators were pleased when CSFB officials volunteered materials which apparently highlighted their links to the controversial partnerships which brought energy giant Enron to it's knees.

John Mack, the Chief Executive at CSFB, is said to be keen to get out all relevent information and wishes to co-operate fully with official investigators.

The Financial Times reported that the involvement at CSFB originated at their Structured Products Group, which was part of Donaldson Lufkin & Jenrette (DLJ), the investment bank acquired by CSFB in late 2000.

Details are as yet unclear and there is no suggestion of wrong-doing at this stage.

Enron paid over $250m in investment banking fees in 2000. DLJ and CSFB are believed to have received $20m between them.