This is an email
Let's eliminate future problems with Dow and their trader Mike Billings. Credit has given the O.K. to trade in the name of The Dow Chemical Company. We will document trades on the "omnibus" UNLESS we are able to negotiate an ISDA with the counterparty. Tell Mike Billings that we will not keep changing from "Dow Hydrocarbons and Resources, Inc." to the parent company. We waste too much time and energy. Call if you have questions. Sara

What is the subject of this email?
The Dow Chemical Company