Awake at the wheel

While the markets worried that Dynegy could follow Enron into the abyss, Glenn Labhart’s risk management team helped to keep the trading firm out of trouble.

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Dynegy’s fourth-quarter earnings, released late last month, impressed analysts and shareholders. True, the Houston-based energy trader’s earnings were down, and it took a $10 million charge related to its aborted attempt to take over Enron. But despite concerns that its dalliance with Enron could hurt its credit rating and distract it from its core business, Dynegy managed to increase its

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