All of the arrangements were disclosed in the proxy statement, an Enron spokesman said.

An Enron spokesman said that he was "unaware" of any actions by the board, not they had taken none.

An Enron spokesman declined to comment, saying the company was cooperating with various government investigations.

At the time of the interview, an Enron spokesman declined to comment.

An Enron spokesman said the tax credit had been worth about $12 million a year.

Mark Palmer, an Enron spokesman, did not return a call seeking comment.

An Enron spokesman declined to comment on the matter, saying he was unfamiliar with the transaction.

Mark Palmer, an Enron spokesman, declined to comment on the deal.

"The board is meeting frequently and will announce any actions when appropriate," an Enron spokesman said.

An Enron spokesman said the company is cooperating with investigations about the shredded documents.