postbot/aeslc_kw huggingface dataset:
Subject: KCS Energy Marketing Inc. ("KCS")

Lisa:  FYI, there has been activity regarding the KCS file, in particular, the  status of the amendment to permit cross-netting of certain agreements and the  impact of that amendment now that KCS has emerged from bankruptcy.
Two (2)  new financial transactions have been executed and there is a VPP looming  ahead for June 15.
The issue which we were trying to isolate is the effect  of the amendment to the financial/physical agreements post-bankruptcy.
We  concluded that KCS is bound post-bankruptcy (Carol St. Clair thought you may  have had some reservations).
I'll keep you apprised of any developments.
Subject: procedure for opening brokerage account

Marie:  Shemeika Landry (X52552) and Shelli Smith (X37562) are working with Donna  Landry and have asked to see the "opening brokerage account" procedures which  you documented.
Please send them copies.
Thanks.
Subject: KCS - VC0917 & VC09

Marshall:  Attached are the drafts of the two KCS confirms.
I need to speak  with you about the mechanics of the termination.
Please call me.
Thanks.
Subject: Goldman Sach $ repo docs

Derek:  I'm on the phone.
Is this agreement for Enron Credit Inc. or Enron Credit  Limited?
I only represent the former.
Dennis represents the latter.
Subject: KCS

Diane:  attached is the redline redraft for the KCS trades.
Please send to  the usual suspects.
These changes should apply to both confirms.
Please  make sure that Derek and Marshall receive as they are the ones who need to  say OK.
Subject: Procter & Gamble

Libby Rutherford would appreciate a short explanation from you regarding the  cross default threshold.
She was interested in knowing which financials we  were reviewing together with the explanation.
Our latest draft provides all  parties with $100 million.
Libby's e-mail address is:     rutherford@pg.com
Subject: futures documentation

Sheila:  Here's the status  (1)  Goldman Sachs - I received comments on May 22, 2001.
Ball is in my  court.
(2)  MSDW - I faxed comments to Joseph A. Marovich on May 2, 2001.
Fax No.
was 212/762-9502.
No response.
(3)  Salomon Smith Barney - I faxed comments to Tania Meyer Wilson on May 2,  2001.
Fax No.
was 312/648-3328.
No response.
Please let me know about (2) and (3).
Thanks.
Subject: Enron Global Custody and Clearance Agreement

Tanya:  Please see page 7 of the attachment (Par.
5, part C) regarding  setoff.
ENA was about to have this agreement executed just as I received  your email.
I'll call you after 5 pm.
We need to discuss today.
Thanks.
Subject: Global Custody Agreement with JPMorganChase

Sheila:  ENA is ready to sign (Ihope) in the a.m.
I just wanted to verify  that you had sent an email to Cassandra (or Rick Buy) so that she is prepared  to countersign.
Also, your status report reflects that you also need a custody agreement for  ECT Investments.
Why?
Thanks.
Subject: Enron North America Corp. ("ENA") Global Custody and Clearance  Agreement

Mary:  Attached is the latest draft from Chase.
In particular, please take a look at the following paragraphs:  2.A (the definition of "Securities") 5.B (lien on securities) 5.C (setoff)  The ENA contact is Gennaro Contella.
Please leave me or Sheila a voice mail  and we can arrange a conference call on Monday with Gennaro, Nancy Callahan,  if necessary (Chase legal) and anyone that you need to conference in on  behalf of Enron Corp.
The traders are anxious to have this account in place.
Irrespective of which Enron entity takes ownership of this agreement, we were  looking to you for information regarding existing Chase accounts (in ENA's  name).
Thanks for your help.
Subject: capacity of Washington PUD's

Hi, Christian:  Stuart has already called this week inquiring about his ability to continue  negotiating with the PUDs.
Have you had a chance to speak with Pat  Boylston?
Let me know if I can assist.
Thanks (as usual) for all of your  help.
Subject: You'd better not squeal!

Hey Sam, that has to be one of the "cheeriest" cards I've ever received.
Please thank Leica for her birthday wishes (and how is the old girl doing?).
Do you remember my 39th at Andrea's with Pat and Dee (I think) and Ron and  his wife (I've forgotten her name but I remember what she looks like)?
I  remember your 40th with Beverly and Helen and the walker (you probably  remember the stripper).
I need your MAILING address so that Phoebe, Chloe  and I can send you a holiday card.
Are you a bi-city resident?
Do you still  own Corky's?
Do you have a different venture(s)?
How is Mr. Casey?
How are  Helen and Beverly?
Do you see them often?
Do you love Atlanta?
You know  that at my age (it's actually been any my ages) I write in stream of  consciousness.
I hope this makes sense.
Sara  P.S.
Ain't life grand?
Subject: attorney workload

Mark:  Attached is my current workload report.
I'm beginning to get nervous about  meeting traders' expectations as I am taking vacation from June 14 - 22  (seven business days) and I don't know who will be able to pick up my  emergencies and routine issues.
I have some idea about Mary's and Frank's workload and I have the impression  that Brent is constantly busy with weather.
I'd like to briefly discuss  Cheryl's workload  I think it would be a good idea to have everyone submit a  status report of sorts to you so that you can assess how much is "project"  oriented vs. routine, specific commodity areas, and volume.
FYI, I am trying to limit Cheryl's activity with Gary's group to brokerage  agreements only.
The huge volume of activity on the brokerage end was  apparently the result of a recent audit by AA and effort to "cleanup" the  agreement status.
It should be winding down.
I have encouraged Cheryl (as  have Frank and Mary) to provide you  with a workload report since we really  want her to be trained in the swap basics.
Also, I will try to schedule a conference call with David Mitchell, you and  me before I leave (topic is online trading of credit derivatives).
Currently, only ECL is offering the bankruptcy default swap online (and no  one is hitting the product).
Subject: GS&C repo agreement with Enron Credit Inc.

Mark/Rod:  I'll draft the annex without offering up the ENE guaranty (although you may  have to speak with them since ENA offered up a guaranty for its repo).
Please let me know how you want to handle defaults.
Can we resolve tomorrow (Wenesday)?
Am I being too pushy?
Thanks.
Subject: trip to Sao Paulo

I am still waiting for my Brazilian visa (another single entry,  unfortunately).
It should arrive next week.
I was hoping to spend the week  of Sept. 5-11 in Sao Paolo but that is impossible to plan without the visa.
Maybe the latter part of that week or the next week will work.
If I arrive on a Sat.
or Sun., what do you think about the two of us meeting  over the weekend to work out a plan?
I can then devote all of my time to  dealing with Tozzini on the physical and financial issues and working with  originators to explain financial trading procedures.
I will need to  determine if Jose Emilio (on the physical issues) and Antonio Felix and  Renato (on the financial issues) will be available to meet during my trip.
I  have sent them e-mails to at least pose the question.
I know that you are very busy.
Please let me know what you think about my  proposal.
Also, I apologize for asking you to give up any of your weekend  time.
Maybe you have another suggestion that will work better for you.
I look forward to hearing from you.
Sara
Subject: update

Mark:  In connection with Susan F.'s departure, could you please provide a  copy of her "project list" so that we can follow up on  finalizing/redistributing her workload?
I have lots of questions which I'm  sure can't be answered this minute, such as:  Shouldn't we help to prioritize  her work?
Will she continue day-to-day work?
Who will take confirm desk  calls?, How will this impact Samantha's training (maybe the lawyers should be  involved now), etc.
Please let us know when you'd like to "regroup".
Thanks.
Sara
Subject: Negotiation of ISDA Master Agreement

Just a follow-up to our conversation of last week to see how you were coming  along.
When would you like to schedule some time to discuss the ISDA?
Please let me know if you have any questions and/or whether I can assist you  in any way.
I understand that our respective traders are discussing a  transaction.
You may contact me at 713/853-5620 or e-mail.
Thanks.
Sara
Subject: vacation

I will be on vacation from October 6- 13.
Also, the ENA lawyers will be  offsite October 5 and 6.
Should you need assistance during my absence, please contact my assistant  Kaye Ellis at Ext.
35968 who will direct you to a lawyer.
Thanks.
Sara
Subject: Vacation

All:  I will be on vacation until October 16, 2000.
Because I am handling a  large number of brokerage agreements and electronic trading platforms (for  ENA and ECT Investments, Inc.), I have asked Jason Peters with Andrews and  Kurth (713-220-4124) to assist me.
Some of the agreements are for John  Greene who is currently in London and those agreements may reference English  law and the Financial Services Acts.
I have given Jason your names IN CASE  he has any questions.
Thanks for your help.
Sara
Subject: Sempra Energy Trading Corp.

I spoke with Marsha Greenblatt (Sempra's trading lawyer).
She was unaware of  any issues with Sempra's dealing with ECTRIC but recognized that (i) this is  a credit decision and (ii) trading with ECTRIC has occurred.
Sempra does  have a London trading operation so maybe the London traders for both of our  respective companies have been transacting.
Of course, all confirms she  reviewed were with ECT/Sempra (except for one or two ECTRIC confirms).
Based upon our recent ECT/ECTRIC internal conversation, I don't anticipate  further confusion.
Thanks for everyone's attention to this matter.
Sara
Subject: Happy B'day

Thanks for remembering me (even though I FORGOT to send you birthday wishes  last month).
It doesn't seem like a year, does it?
Hope you're doing great  and your family is well.
How's the HOUSE OF THE CENTURY coming along?
I  recall looking at the plans just "yesterday".
Stay well (and young).
Sara
Subject: Financial Trading Guidelines: ARGENTINA

Attached is the latest "redraft" of guidelines based upon my conversation  with Brent (who has not yet seen the attachment).
Let's discuss these  tomorrow.
I'll conference you at 9 am.
Thanks.
Sara  Lynn:  I'll forward separately Brent's proposed paragraph for the Houston  trader.
Subject: off-peak prices, negative numbers

Hi Christian!
I wanted to ask you a few questions about the occurrence of  negative pricing on the west desk.
I'm getting a differenct response on the  east desk.
Although my interest is financial trading, you may have  experieced this issue on the physical side (Jeff Hodge has not).
In the past  on the west desk financial trading, any prices which are negative are deemed  to be "0" (so an average of hourly prices could include some zeroes).
The  east desk wants to add in the negative numbers.
Please call me to discuss.
I'd really appreciate it.
Sara
Subject: Wisconsin Gas Company

Marie:  Wisconsin's lawyer is out of the office until Nov. 29.
Would you  please follow up with respect to the ISDA which we sent to him on Nov. 5?
I  left your name and phone number on his voice mail.
Cary is interested in  pursuing this counterparty.
Thanks.
Sara
Subject: ESA Legal Management Committee

FYI - I called in for the meeting this morning but no one else ever  connected.
Sorry.
I have nothing new to report.
I'll be in S.P.
next week  for a few days.
I'll try to get on your calendar.
Thanks.
Sara  P. S.  Happy Thanksgiving!
Subject: conference call, Tuesday, November 30, 2:00 pm (Brazil time)

The Tozzini lawyers will meet with us to discuss prior memoranda and products  for trading.
For those in Houston who wish to be conferenced in, please  contact my assistant Kaye Ellis in Houston (X35968) who will make  arrangements.
Thanks.
Sara
Subject: El Paso Energy Marketing

El Paso is a "high volume" CP with an existing ECT Master.
Marie, there is a  9/1/99 note in Lotus Notes that the CP to email its form of Schedule.
What  have we received?
Shouldn't we be pushing this ISDA?
Can someone prepare  credit?
Subject: Reliant Energy Services, Inc.

This is a "high volume" counterparty.
Shouldn't we be pursuing an ISDA to  replace the existing ECT Master?
Susan, your last entry was 3/9/99.
SS
Subject: Counterparties with high volume trades and no master agreement/ECT  master agreement

Jeff:  I thought we should update the situation particularly in light of the  problems that Willie runs up against.
Can you give me a call and let's  discuss.
Thanks.
Sara
Subject: Financial Power - "Negative Pricing"

The east and west power desks are creating slightly different floating price  language for some of the power pools.
The west desk wants "negative prices"  to be averaged in as "zeroes"; the east desk wants to average in all prices  "positive or negative".
I'm inclined to let the traders do as they wish.
I  can't seem to get an explanation for the difference in approach (in each  instance ENA may take either side of the deal).
The confirm desk will have  to pay attention to the source of the confirms to use the correct pricing  language.
I don't know if this will create an on-line trading issue.
What do you think?
Sara
Subject: Tolling Agreements: For Brazil

Per my voice mail.
Also, for YOUR use, I am attaching a "form" of gas  tolling agreement.
Brent also has a "confirmation" related to a master.
Let  me know if you've already handled.
Thanks.
SS
Subject: Tolling Agreements: For Brazil

Per David's request, I'm attaching a (very old) form from Houston, not often  used here anymore.
I'm not sending this directly to David (if only to avoid  "form shopping").
Let me know if I can be of further assistance.
Thanks.
Sara
Subject: Tiger et al

It seems that Miriam Radach has been transferred to Sherman & Sterling's  Washington D.C. office.
She is working with a NY associate named Jennifer  Kumble.
The lawyers had a lot of issues to discuss with Tiger and should  give us comments next week.
Have a nice holiday!
I'm going to Baton Rouge  to watch the tigers (LSU!)
play ball.
Sara
Subject: Utilities (investor owned)

Mark and I met with Mark Haedicke regarding utilities and the need for a  legal opinion from the utility counterparty.
We have agreed with Mark as  follows:  1.
Our negotiations with investor owned utilities should be based upon our  standard ISDA Schedule (ISDA Multicurrency Agreement) AND including the  "Additional Termination Event".
Neither party should be required to provide  a legal opinion.
2.
Investor owned utilites will be approved for online trading from a legal  viewpoint.
The extra "Additional Termination Event" paragraph is not  currently included in the GTC's but COULD be incorporated if there is a  revision to the online agreement.
3.
Our position with respect to municipals/municipal owned utilities,  federal/state/local owned utilities and cooperatives remains unchanged.
We  should still utilize and update the "municipal ISDA" form, and, require a  legal opinion from the counterparty.
In that regard, Susan Flynn has been  working on an "omnibus" format for an electric co-op (Deseret Generation and  Transmission Co-operative), an earlier version of which could be used as a  template for a municipal omnibus confirmation.
Subject: Peoples Energy Corporation

I spoke with John Nassos.
He said that the company just hired a  treasury/credit person last week (and that was the holdup on negotiating the  ISDA).
Mr. Nassos has my phone number and all I can do is wait to hear from  him or his outside counsel.
Sara
Subject: WELCOME BACK

Let's catch up when you're ready.
1.
Received NEW draft from Pacific Gas & Electric.
Need to do ISDA  comparison.
2.
Susan is out JUNE 1 and "Columbus Dispatch" needs to be finalized.
We  sent blackline Friday afternoon.
Details will happen Tuesday morning.
3.
Let's talk.
Subject: You never sent me your address, Sam

I wanted to sent you a holiday card but, alas, the mysterious Sam has no  address.
I guess I could send it to your lessee in the Big Easy (remember,  the doctor living in the marina) but he may not appreciate the beauty of the  card.
Please email your address.
Hope you had a "Happy Chanukah".
I was in  BR to celebrate with my family - Jennifer is 15 and Zachary will be 13 on  January 1.
My parents are slowing down but Deb and Steve are not.
Deb  ordered some brisket and latkes from the 2nd Ave. deli in NY and the food was  awful.
Sara
Subject: Financial Swap

Attached is a draft of a swaption based upon the term sheet reviewed the  other day.
Elizabeth has not reviewed yet and I still have some lingering  questions.
ss
Subject: Project Ghost

This is scheduled to close on Friday (don't know what time).
It's Gareth's  deal.
Enron Corp. is swap CP with a trust.
Don't know who is signing for  Enron Corp.
Please C me to discuss and raise logistical issues.
Thanx.
SS
Subject: "Financial Power Purchase Term Sheet" - 12/13/99

I think that this transaction is called "Project Moosehead".
I have a  meeting on it this morning.
Please comment to the draft I sent to you  yesterday.
I don't know if the structure works.
I couldn't decide upon the  format; it also looks like a cap.
Thanks.
SS
Subject: Argentina Trader Guidelines

Lynn:  Weren't you going to take a look at the Trader Guidelines for  Argentina?
Let me know if you have any questions or if I can help you  further.
Thanks.
SS
Subject: Tiger funds

I had a VERY long call with the two lawyers.
I would say for the most part  that Tiger will reconsider many of our provisions now that the lawyers  understand our position.
Big issues:  arbitration (I need an explanation in  order to go to our general counsel)                                           Limitiation of Liability  All else is negotiable.
SS
Subject: BLACKBIRD - Schedule to the ISDA Master Agreement

With respect to Part 2, Tax Reps and Part 5(l) deletion, the Enron Corp. tax  group is fine with the changes (although these are not necessary).
Also,  Enron will deliver forms as Barclays wishes.
Let me know if you have any  questions.
Sara
Subject: TBS swap

Since the Master is drafted for ECT/TBS, what does your message mean in terms  of moving the ISDA, guaranty and side letter along?
As I mentioned to Ted,  what EI or an EI project company does outside of the ECT swap is not  something that I can track.
Thanks.
SS
Subject: EDEN

I did speak with Ana Soria.
Her only concern was the legal opinion.
I faxed  her the format for the legal opinion and attached a cover sheet which  indicated that ENA must receive the executed opinion by the close of business  on December 29.
I've attached a copy of the fax cover sheet.
Also, Joe  Hunter has added the "Automatic Termination" provision into the  confirmation.
Have a happy holiday.
Sara
Subject: BP Amoco Corporation ("Amoco")

Pending execution of a master agreement, Amoco transactions continue to be  documented under the omnibus.
Willie has brought to my attention three  issues which continue to be raised by Amoco:  1.
Procedures for entering into Transactions: deletion of response within 2  Business Days after receipt of confirmation and failure to respond as  conclusive evidence of Transaction  2.
Setoff:  there doesn't seem to be an "Affliliate" issue but I'm not  certain of their comment to setoff applicable against a "derivative amount"  (are they attempting to prevent setoff against physical amounts owing?
or  only trying to clarify that unpaid "derivative amounts" can be setoff against  other amounts due?)
3.
Choice of law:  change to NY  I thought you could address these issues in your negotiations and let Willie  know how to handle.
I've left confirm in your office.
Thanks.
Sara
Subject: Broker Agreement

I just received this message from Mark.
Let's talk and I can see what I can  do.
I'm not aware of any written broker agreements used by ECT for trading  other than those for futures and equities.
I can check on the physical  side.
SS
Subject: Cargil Guaranty

Here's the original blackline.
Leave me a voice mail with the names and I'll  revise my latest blackline today so that we can satisfy Cargil.
SS
Subject: Swap group discussion issues

Attached is a draft list of items for review.
Some of the items require  immediate document  revisions; others require policy decisions before  revising the documents.
Please edit and refine.
Mark suggested that we  confer and come up with specific recommendations.
Once we create a list,  let's try to meet on one or more occasions to discuss.
SS
Subject: MOEMA

I hear that a binding agreement and/or PPA was signed with MOEMA for a  10-year transaction.
Do you have an English version of the MOU or PPA?
Details?
Thanks.
Sara
Subject: CMS Marketing, Services and Trading Company

Attached are drafts for: (1)  Short cover letter to be signed by ENA (Scott Neal) requesting quotes (2)  Draft proposal for discussion purposes (3)  Draft confirmation format  Please review for accuracy and call/email to discuss.
Thanks.
Sara
Subject: Brokerage Account/CIESA transaction

Marie is not in the office today; your direct contact should be Susan Bailey  (X 34737).
I spoke earlier with Rick Hopkinson who indicated that the account will  probably be for the benefit of EPCA.
We need to verify a few details (account party, purpose, resolutions,  authorized trader list, etc.).
Also, will the broker be Morgan?
Nancy, since you will be working on the authorizations, please keep in mind  that Ted Murphy will limit authorized traders to the Houston equity  traders(and perhaps Bruce) for control purposes.
I believe we had to change  the Enron Brazil Power Holding XII Ltd. resolutions in that regard.
I'll  verify.
Susan and I will wait to hear from one of you in Sao Paulo.
I called about  10 minutes ago and no one was available.
Thanks.
Sara
Subject: "trading" activity in Argentina and Brazil

I just wanted to touch base with you about efforts to keep good lines of  communication between B.A.
and Houston about trading activity in Argentina  and Brazil (both financial and physical).
I participate in Randy's weekly  conference calls and Brent tells me that you have now undertaken that role in  B.A.
As you know, sometimes proposals and deals "slip through the cracks"  and Houston is taken by surprise.
We want to remain current and proactive.
Please feel free to leave me an email or voice mail when you learn of any  relevant activitiy.
I , in turn, communicate directly with credit in Houston  (Pat Cini or Rod Nelson) and tax in Houston (Lynn Aven or Rick Hopkinson or  Michael Herman).
If you ever feel the need for a conference call, I'm always  available and I'm sure credit and tax would be glad to join.
Also, I hold a  weekly Friday conference call with Brent and Lynn to discuss current trading  issues in Argentina and Brazil.
Thanks.
Sara