postbot/aeslc_kw huggingface dataset:
Subject: RELAX!!!

Remember those previous discussions about relaxation?
You know me well  enough to know that I am not easily offended, and in fact have thoroughly  enjoyed the preceding banter.
Still, I do appreciate your remembering that I  am a lady.
(I have a bad habit of forgetting.)
Subject: daily firm on TW

The Commercial Group has asked whether they can sell daily firm for longer  than a 3-month period.
This phrasing is of course misleading; TW's daily  firm contracts are always for a term of just one day, but renew for  consecutive one-day terms unless terminated.
The discount letter, on the  other hand, grants a discounted rate for each of the one-day terms for a  certain period of time (typically one month).
Steve Harris wants to be able  to "sell daily firm for a one-year period."
In contractual terms all this  would mean is that the contract is for renewabable one-day terms (as usual),  and the discount applicable to such terms would be effective for one year.
I  see no problem with this, do you?
(Apparently the current perception in  marketing is that regulatory/legal was limiting daily firm to a 3-month  period.)
Subject: Don't make the same mistake twice...

No wanting to incur the wrath of Jen for failing to keep you informed.
Monte  Montgomery will be playing at The Fabulous Satellite Lounge May 6.
Hopefully, we can make this one.
Subject: so ya wanna be a FERC lawyer

Part I:  Dress Code for Female FERC Lawyers at FERC Proceedings*  Skirts must be mid-calf length and of a synthetic fabric.
All clothing worn in FERC hearing rooms must be properly aged (12 years or  more).
No solid-colored garments are permitted.
Exceptions:  mauve, pink, peach,  teal, harvest gold.
Hair must be fuzzy, multi-colored and must partially conceal the face.
Suntan hose must be worn at all times.
Open-toed shoes (preferably in a lighter color than the hem of the skirt) are  preferred.
Those with a flair for fashion are permitted to wear inexpensive animal print  garments, metallic accessories or clothing with fake fur trim, so as to  attract attention to one's originality.
*also applicable to female practitioners at the Texas Railroad Commission and  Public Utilities Commission.
Subject: Thought You'd Enjoy This

Mythology                                                                                         "The Ten Commandments  of a Military Wife"                                 1.Thou shalt not write in ink in thy address  book.
2.Thou shalt not covet choice assignments of  other uniformed braches of service.
3.Love thy neighbor.
Subject: Prime Brokerage Clearance Services Agreement

Ms. Shackleton:  Attached is the standard SIA Form 151 "Agreement for Prime Brokerage Clearance Services" between First Union Securities, Inc. and Enron Credit Inc. that we discussed.
If you have any questions or concerns, please don't hesitate to contact me.
Thank you for your help,
Subject: Margin Lines draft

Sara - there are outstanding issues in this table.
I am trying to determine the following today: Does the Paribas loan cover initial and variation margin?
My reading of the docs is that the loan does.
The back office tells me that Paribas only funds initial margin under this loan.
How much is EDF's loan for?
The number has been reduced and I am not sure where it stands.
Documentation for Fimat Customer Agreement.
Sarah
Subject: counterparty processes

Sara- I am sorry to hear Frank has left.. have you spoken to him, is he OK?
How are you doing?
Can you please tell me how you are dealing with counterparties who still have exposure to Enron?
I know all contracts are null and void.. what is the process for them to take off deals.
The only counterparties I have with any exposure are: tudor wexford  I am asking for them specifically.
Also, on monies we owe counterparties.. like tudor and catequil, what is the process they must go through?
Thanks very much,
Subject: Remove Andrew S. Fastow from ECT Investments, List of officers

Sara, Gary wants to remove Andy from the current list of officers for ECT Investments, Inc.
He would like this filing done as soon as possible.
Thanks Sheila
Subject: RMT Contracts

Sara,  I wanted to follow up with you to find out if you are still planning to send an example contract to me for transactions involving RMT.
If you plan to send it interoffice mail, I am in EB 1709.
Thanks,
Subject: Attorney Roundtable Meeting Changes

Since Wednesdays and Thursdays are not good meeting days, please email me with your 1st & 2nd preferences so that I can better accomodate your needs.
ALSO, PLEASE ADVISE ME TODAY IF YOU ARE GOING TO HAVE CONFLICTS THIS THURSDAY, AS WE WILL CANCEL THIS WEEK'S MEETING BASED ON YOUR RESPONSES.
(I NEED 24 HOURS TO CANCEL THE FOOD)
Subject: Paribas facility

Sara - I have read the loan documentation and believe that Pariabs should be financing our variation margins not just our initial margin.
Would you look at the docs and give me your opionion?
The accountants tell me that in practice, Pariabs will only fund initial margin.
Thanks, Sarah
Subject: Thank you one and all for making the Fed Wire deadline...

...and I was only 30 seconds late for my Parent - Teacher Conference.
Great driving performance by Bob Litterman (yesterday's carpool driver).
Marriage still in tact for another day (and another Enron adventure).
Thanks again
Subject: Clorox & Ivex CA

Sara,  I would like to get together soon to discuss the Clorox ISDA and the comments we sent back to them.
I also received a Confidentiality Agreement from Ivex Packaging Corporation that I need to get back to them.
I will have someone bring it by your office to review.
Thanks,
Subject: Fimat/Soc Gen

Fimat accepted the Enron Corp guarantee so our trading line with then will be increased tomorrow (to approximately $15-16 million from $11 million.)
Fimat will have our trading line up to $20 million as soon as they complete their internal credit process.
The Soc Gen money is priced as follows:  Original margin:  LIBOR Variation margin: LIBOR + 5 bp   Warren will call John directly when the line is increased.
Thanks to everyone for all their help.
Sarah
Subject: snl

Sara, I will request a copy from SNL but I also want to give this a few days so we can see what happens with Enron.
Gary did approve yesterday.
Sheila
Subject: Enron Japan Corp.

Sara,  Please let me know if the ISDA Master Agreement between RMT and Enron Japan Corp. is ready for execution.
The file is with you for your for initials.
You may not have initialed-off on the agreement yet -- because you were going to check with Mark as to possibly adding in the online language.
Subject: Article

Features/Toxic Bonds Headed For A Fall ; Companies issued special zero-coupon bonds, assuming th= ey'd never have to pay them off.
Now shareholders could be on the hook for = a $65 billion tab.
Janice Revell  11/26/2001 Fortune Magazine Time Inc. 131 (Copyright 2001)  It was an irresistible proposition: Borrow billions of dollars, pay no inte= rest, reap millions in tax breaks, and then wait for the debt to simply dis= appear.
That was the promise of zero-coupon convertible bonds, and companie= s from Enron to Merrill Lynch binged on what seemed like free money.=20 But, of course, there was a catch: For this scenario to play out, a company= 's stock price had to rise sharply--and quickly.
That's because investors b=
Subject: Agreement for Prime Brokerage Clearance Services

Hi, Sara.
I hope you had a wonderful holiday weekend.
During our discussion on 11/14, you asked that we provide you with a prime brokerage fee schedule.
I'm working with one of the trading assistants to find one for you, but we're having some difficulty.
If I'm unable to supply you with a fee schedule, is there a specific way you would like to word Paragraph 9 "Fees and Charges" (other than the phrase "as agreed by the parties from time to time")?
If you would like to keep your previously proposed wording, I can run it by Legal one more time with an explanation of the difficulty we're having.
Thanks so much for your patience,
Subject: Enserco Letter

Monica: Here is the letter that needs to go out this afternoon.
Please inform Enserco that we will have arrangements in place to have the LC held by a Qualified Institution.
Sara and I will work with Mary Perkins on this.
Subject: Credit issues

Lisa and Liz; I am very concerned about the way that credit is handling and coordinating = with us on margin issues.
For over a week we have been waiting for them to=  compile and send to us information on LC's that are due to expire at the e= nd of December.
We finally received a very cryptic spreadsheet this aftern= oon which requires alot of follow up in order for us to determine what our = rights are.
I get the sense that credit assumes that since we are in bankr= uptcy we will never have the right to draw on LC's that we are holding when=  in fact we know that this is not necessarily true.
For example, this afte= rnoon I found out that we are holding an $8 million LC for trades done with=  Enserco under an ISDA.
The drawing condition is a failure to pay.
Under = the ISDA, they were required to renew this LC within 20 Business days of th= e expiry date which is 12/31.
If they don't renew I'm hoping that we can d= eclare an Event of Default, terminate, request payment of a termination pay= ment and if they don't pay draw.
I'm not sure that by following all of the=  cure periods in the ISDA we can be in a position to draw on the 31st.
Tha= t's just one example.
Do you have any thoughts on this?
Subject: MLMG shares in Bears

Sara  We have a bid on the 91,674 MLMG shares held in account # 102-25786-USD-27 at Bear Stearns.
.
Paul Voigt from Jefferies (00 1 203 708 5800) showed us a bid of $2.25 several days ago.
The bid now may be $1.50 only due to size of the holding & illiquidity in the name.
We've discussed selling this position with Mike Breughel & Alexander Sheers at Bear Stearns, and  Alexander has asked for you to talk to Bears directly.
Can you call Alex & ask if one of the Bears prime brokers can contact Jefferies to execute the trade, and also to arrange for the proceeds to be paid back to our Citibank account in London.
Thanks
Subject: Vitol - YC2758.1

Mark,  Could you please check to see if we ever got paid by Vitol under contract YC2758.1.
The contract was a sale by Enron Clean Fuels Company to Vitol S.A. Inc for 30,000 bbls +/- 5% of MTBE @ $.7225/gal.
We are currently holding a letter of credit for this transaction which expires on 12/28/01.
Regards,
Subject: Wire Request Schedule from Oct 25th to current

Mary and Sara,  Attached is a schedule I set up to track wires which I have sent out from the Prime Brokers since October 25th.
For non Equity Trading areas, we contacted them to say we wanted to sent money back, got their approval and re-affirmed wiring instructions.
Treasury was contacted when the money was coming in and to what account.
Please do not hesitate to call if you have questions.
I can provide copies of any wire requests you would like.
Sheila 3-3210
Subject: Enserco

Monica: Please fax this letter to Enserco and send the original by overnite delivery.
Also, please fax a copy to their attorney Richard Esterkin at 877 432-9652.
Call me if you have any questions and thanks for your help.
Subject: Status on ENA $944,239.43 and Enron Credit $1,493,287.81

Rich,  May I get a status on the requests from last week for the $944,239.43 for the Hedge Book and the $1,493,287.81 for Enron Credit?
The Order I sent for ENA basically allows us to continue to use bank accounts which existed prior to Bankruptcy.
For Enron Credit, I sent supporting documentation which supports that the account was managed and funded by Enron Credit and we had been working for 10 months to get it moved from the ENA family to Enron Credit.
Regards,
Subject: LC Update

Bill and Ed:  Here's an update:  - Enserco Energy has renewed their LC.
I should be getting a faxed copy shortly and bill will receive the original.
- Kim Theriot confirmed that there are no outstanding trades with Simpson Tacoma Kraft Company.
- Leslie Reeves confirmed that there are no outstanding amounts due by Metromedia Energy.
Has anyone found the LC?
I have asked Kim T. to locate the trade docs.
- Leslie Reeves confirmed that The Energy Authority closed out their positions with ENA.
- Energy Production Corp.'s LC automatically renews  for 1 year periods unless we received a notice from Chase of its intention not to renew 90 days prior to expiration.
Is all of this info consistent with credit's records?
That leaves Niagra Mohawk Energy Marketing, El Paso Electric, Rising Star Energy LLC and LG&E Energy Marketing.
Out of those CP's, only LG&E owes us a payment.
I am waiting to hear back from Leslie regarding payments owed by Niagra and Rising Star.
I have asked Kim to sends me the trading docs from Niagra.
Alan Aronowitz is working with someone in credit or settlements on the Vitol LC.
Subject: LC Docs

Sara: Here are drafts of the Certificates and Sight Drafts for Niagara Mohawk, El Paso electric, LG&E Energy Marketing and Energy Production Corp. (just in case it wasn't renewed).
I have put together files for each of these that include copies of the LC, the underlying trading docs and any correspondence that has been sent.
Except for Niagara Mohawk which requires copies of the invoices and that the certificate be on "letterhead" there don't appear to be any other special requirements.
Leslie Reeves will be faxing the invoices to us.
I will be in tomorrow until around 11.
Thanks for your help on this.
All of these docs are in a file called Enron Restructuring.
Subject: Services Contracts

Sara,  As we discussed, we  would like to notify our customers of our current status and our ability to look after them.
Here is a brief summary of the services contracts and obligations that we currently have along with the notification letter we would like to send them.
Please let us know if we are ok to send these out.
Thanks,
Subject: Contact Info.

Ms. Shackleton:  Jonathan Fronda of Fortis Capital Corp. may be reached by phone at 203-705-5806.
Please contact me at 303-568-3255 if you have any further questions.
Sincerely,
Subject: Termination master log

Sara,  Thought you might find this useful.
We've added in the valuation we showed in Infinity for each of our counterparties (Clara ran the valuations as off the Early Termination date referenced in the log).
Please let me know if you have questions.
Thanks.
Subject: goldman sachs Conference call

Sara,  David, Goldman Sachs Credit, and I have tentatively scheduled a conference call for this Thursday, Jan 3rd, at 1:30 Houston time, 2:30 NY time.
We will be discussing our funds we have requested from Goldman Sachs of $944,239.43 for Enron North America and $1,493,287.81 for Enron Credit Inc.
Please confirm.
Joanne has put on your schedule.
Regards,
Subject: New Setoff Language in Isda Forms

Susan, please substitute the setoff language set forth in the attached to each of the referenced items in the swap form bank.
If there are any other items in the swap form bank that you think also need the new language, please advise.
There may be additional language for a Canadian alternative; Peter is reviewing this further with Canadian counsel.
Susan, also please note that as I update the US Industrial I will include this new language, but for now, put it in the current US Industrial form.
After you have substituted the language, please provide me with one copy of each form for a final check.
Thank you.
Mark Taylor:  This language has not been implemented in EOL.
Subject: Oil Prepay Rollover

Sara/ Bob,   Further to my discussions with Sara yesterday evening, and in the absence of any email from both of you to the contrary, I conclude that the confirms as they stand now should be OK from a legal perspective, subject to the credit approval of the entities.
As I mentioned yesterday, Treasa's contact at CSFB here is trying to retain CSFB International as the counter-party as was the case for the 2000 transaction earlier.
Thanks very much for your help.
Regards
Subject: Status of Plains/Enron contracts

Sara, 	I was just following up on what the status of our review of the "Three-way" agreement and referral agreement contracts that we are pursuing with Plains Resources, in order to facilitate small producer hedging.
If you could give me a call or reply with where we stand, I would appreciate it.
Thanks  Mark
Subject: Estimate of Equity Forward Repurchases

Rex - Here is an estimate of the equity forwards that we'd like to repurchase over the next couple of months.
The dates will probably be a little different, but this should give you an idea as to the timing and sequencing.
If you need anything else, feel free to give me a call.
CF
Subject: ISDA Master Agreement

Mr. Bromberg,  If you can send us the revised legal opinion as discussed, we will prepare the Master Agreement for execution and forward to Thay Bishop.
If you have any questions, please call either myself or Sara Shackleton (713-853-5620).
We look forward to receiving the opinion and completing the ISDA agreement.
Subject: Enron Canada Corp. Primebroker account

Greg, 	Derek Lynn suggested I get with you to discuss changing the authorized signatories on the Enron Canada Corp primebroker account at Morgan Stanley.
I am not sure who in the Canada office has the authority to determine who should be authorized to trade or transfer funds from this account.
Please give me a call in the morning to discuss.
I can be reached at 713-853-1439.
Thanks,
Subject: Sempra

To All -  Some weeks ago we initiated the process of amending various agreements with Sempra Energy in order to enable Enron trading entities to confirm transactions with Sempra through CommodityLogic's ConfirmLogic module.
I understand that little to no communications have been undertaken concerning these amendments.
The reason for the lack of responsiveness by Sempra may be in part due to the fact that Sempra has - just recently - released a product within their internet site that enables online confirmation of Sempra transactions.
This product is part of a suite of portfolio products called "SempraLive" and can be found at www.sempratrading.com.
We are currently looking into the background of the development of this product as some concerns have been raised based upon similarities of certain aspects of the Sempra product and the ConfirmLogic product.
Please let me know if any disussions take place concering the CommodityLogic amendments with Sempra.
Thanks.
Subject: Amendment Request to Merced ISDA

Swaps Legal Team:  Please prepare an amendment to the existing ISDA Master Agreement between Merced Irrigation District and ENA dated 3/25/99.
Please note the changes to the agreement are in 'red' in the attached credit worksheet.
Note:  Carol St. Clair has worked on municipal ISDA's in the past [ie Benton and Franklin] that contain a 'regulatory out' clause that can also be applied in this ISDA.
Please call with any questions.
Regards,
Subject: CSFB Prepay

Barry:  We have calls into both Anne and Treasa to discuss the pending rollover and need for a $200 million increase of the existing CSFB prepay.
As soon as I hear from them, I will let you know.
CSFB and our internal counsel independently agree that the mechanism is in place to quickly and efficiently handle the increase, but as yet CSFB does not have credit approval.
While Osmar and James committed to give me an update on the credit approval process over the weekend, they were clear that the final answer likely will not come until Monday.
As a fallback, can Joe's deal with Chase be increased under the terms and conditions we discussed Friday evening?
Is DB (Paul Cambridge) an alternative?
Aside from CSFB, Chase, Citi and DB, I don't know if any of the other tier one institutions have the ability or capability to respond in the time available.
Possibly Barclays but I understand that their commodity derivative group is just getting started.
If you have any thoughts let me know.
I will give you an update when I speak to London or CSFB.
Subject: Clsoing Agreement

November 30, 2001  Sara,  	Mr. McKeogh asked me to e-mail this to you immediately.
If you have any problems, please let me know.
Thanks.
Patricia   - CLSAGR_JEwpd.wpd
Subject: Spreadsheet Outlining Counterparty Letters

Attached is a spreadsheet which shows the counterparties that have been sent letters.
We are in the process of researching and re-faxing letters which came back as "busy" on the fax.
You will see that those have not been marked as being sent.
Call with any questions.
Kim Theriot x.
31771
Subject: CSFB Prepay

Please consider the distribution list of this email as the Enron working group for the CSFB Prepay.
I have included James Moran at CSFB and ask that James advise us as to the individuals within CSFB that should receive documents.
Mary Cook, in coordination with Sara Shackleton, hopes to distribute this evening a marked copy of the swap confirmations that address the margin issues that were discussed today.
Term, rates, amount, and settlement dates will be blank but will need to address the expanded transaction.
The existing $150 will mature in one year while the incremental $200 will mature the first week of April 2002.
The confirmations will be based on the CSFB International Master ISDA agreement.
We will have to determine the optimal method to address the CSFB Cayman Island entity.
James Moran:  We would like to schedule a time with your internal counsel as early as possible on Tuesday to discuss the modifications.
Please advise us as to availability.
Treasa:  We have a call scheduled for 7:30 am Houston time with Houston (Paul Garcia) and London (Ann Hicks) cash management to discuss the funds flow mechanics.
Could you confirm with your traders the appropriate settlement period and any limitations of the existing deal.
I assume that we have to price the existing $150 and the incremental $200 on September 26 to settle on Friday September 28.
There can be no slippage.
Could you also distribute a draft of the prepay script?
Mary and Sara:  We will need to confirm who will be executing the documents for Enron, confirms as well as corporate guaranty?
Mary Perkins:  I will need to update you as well and discuss some other aspects of the transaction.
My contact information is below.
My home phone number is 281-480-5968.
Subject: Enron/CSFBI/Morgan Prepay

Please see attached first drafts of confirmations for ENA CSFBI and ENA Morgan.
We should try to discuss these drafts as early as possible tomorrow.
I currently do not think I have a Morgan contact on this distribution list.
Who will forward to Morgan?
Esmeralda, will you please set up the foregoing group as a contacts group for me, name it CSFBI Prepay.
Clement, this is to close this week.
Subject: ENA - MS Confirmation Formats

Hi Beth,   Chris Glaas had forwarded the confirmation formats (including your required changes) that you had sent out to him yesterday evening.
At the same time, our lawyers in Houston have circulated a copy of the confirmation yesterday.
Principally, they are the same that we circulated earlier, except that some of the defined terms in their confirm is more aligned to the Master Energy Swap Agreement.
For e.g.
Determination Period, Trading Day, etc..
I am attaching a copy of their draft for your perusal.
Could you kindly have a look at this latest draft and discuss any possible changes to this, including the legal changes you required in yesterday's draft, with our lawyers Mary Cook (713 345 7732) or Sara Shackleton (713 853 5620) directly.
We are hoping to get the actual dates, barrels etc.
soon.
Thanks very much for your help.
Rajaram Jamadagni Enron Europe Global Finance
Subject: 1994 deferral plan withdrawal

I have delivered  my request for withdrawal to the 16th Floor receptionist (which I believe is Zulie's desk) for delivery to Pam, but the instructions appear to say that Renee is to get the request form....if Renee is the required recipient, please make sure that it is delivered to her.
I would hope that under the circumstances the  Plan Committee would authorize these transfers without delay so that the requested wire transfers can be made today.
Sincerely