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Headline: Going digital: the new way to hedge risk Source: Euromoney Date: August 2001 Allthough many industrial companies remain stubbornly unwilling to measure, let alone hedge, their trade credit exposures, there is no shortage of people looking to help them trade away their credit risk. One of the most ambitious attempts to create a credit hedging facility for corporates has come from a fellow industrial company, Enron. For the past couple of years, Enron Credit has been trying to persuade companies to buy credit protection using its own product, the digital bankruptcy swap. |
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