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.
Answer: Enron North America Corp. ("ENA") Global Custody and Clearance Agreement
(1) Met with Alan A. and Barbara G about disruption (physical and financial) at Alan's request. Explained financial position and updated him on what we've discovered. (2) NYMEX did not operate today at all on new system. Say they will try for tomorrow. (3) Am told that Platts published some indices today including crude. Will publish MTBE (and other products) tomorrow irrespective of whether NYMEX publishes. Will also publish methodology. (4) Emailed ISDA Gen. Counsel Kinberly Summe about including us in industry correspondence/conference calls about "Best Practices" statements. (5) Thus far, disrupted indices seem to include only the following dailies: NYMEX daily OPIS Platts spreads (common pricing issue) (6) Looks like MDE will occur if NYMEX fails to publish tomorrow. We should identify affected counterparties. Traders may want to negotiate anyway. Seems like they are hoping for unified industry stance just for ease and solidarity. I'll talk to Kim Theriot in the morning.
Answer: quick update
Jay: In my travels looking for index 2 ways in the various rockies term markets you need I am running into several issues. First off, as you are aware, these markets don't tend to change much from day to day especially for the more obscure points and longer dated periods. Secondly, the time of year being the holidays is keeping most traders focused on Jan, Jan-Mar and April-Oct02 for the most part. Getting traders to show numbers beyond that, much less getting them to do it every day is not productive or practical. I suggest we keep in touch as we always do on a daily basis and I will pass on whatever we pick up in the market. However, attempting to refresh 2-5 year index markets on a daily basis isn't going to yield much in the way of "new" news. I look forward to seeing your shop get back on its feet down the road and to working with you. Thanks, Jim Kornmann - DataLine Energy
Answer: Rockies Term Markets
There will be a TxSET meeting on February 14th and 15th. This meeting will be devoted to Muni/Co-op Transaction needs, and the needs of the CRs that will be in those territories. THe meeting will be held in Corpus Christi at the AEP Offices. We will begin each morning at 9AM. We will conclude at 4PM. AEP 539 N Carancahua Corpus Christi, TX 78401
Answer:
TxSET Meeting February 14th and 15th