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Enron will not centralise risk management

Failed energy trader Enron plans to package together the majority of its internationalassets into a company known as InternationalCo, the shares of which will be distributedto its creditors.

Enron spokesman John Ambler told EPRM that Enron wants to bundle the companiesunder one umbrella because it decided they were worth more collectively thanseparately.

But there are no plans to develop a centralised risk management department forthe newly formed holding company, says Ambler.

Instead, risk management and hedging activities will be conducted by the individualcompanies to the “extent

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