Kinder IPO to Awaken ‘Sleepy’ Pipelines for Goldman, Carlyle

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Terrance McGill’s heart raced one morning in 1990 when Richard Kinder, then his boss at Enron Corp., rang his phone wanting to know why natural-gas shipments on the company’s Texas-to-California pipeline had plunged 76 percent.

McGill dug out the daily report sent to top managers and realized a number had been transposed. He explained the typo, and a satisfied Kinder hung up. McGill never forgot the lesson.