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GOLD CORPORATE FINANCE WINNER………Just before Hurricane Katrina made landfall last year, New Orleans-based Entergy Corp. evacuated its corporate staff, including treasury, with the expectation that employees would be able to return in a few days. What played out in the weeks that followed exceeded any worst-case scenario company executives had anticipated. The $10.1 billion utility group’s operations in Mississippi, Louisiana and Texas were severely damaged by Katrina and then a few weeks later by Hurricane Rita, causing nearly 2 million customers to lose power. Compounding Entergy’s woes was the fact that its 40-person treasury staff was forced to scatter across seven states, dealing with their own storm losses. “The piece that had not been imagined was that people not only couldn’t go to work at their office, people didn’t have their homes either,” says Entergy Treasurer Steve McNeal.

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