Problem: BODY: I spoke with Chris Littlefield (legal) a few moments ago and he would like for you to call Dial's treasury person, Dave Riddiford. Dial really wants an explanation of how/why all numbers were selected for inclusion in the Schedule and CSA, including: (1) 3rd p. D/F Threshold Amount (2) whether Credit Event Upon Merger can be tied to ratings downgrade (I explained the MAC trigger) (3) Collateral Threshold (and, by the way, Chris says that he never understood that Dial would ever have to post) (4) Min. Transfer/Rounding Not too bad. Call me if you have any questions. From the legal perspective, I have only to resolve recording and arbitration. Thanks. Sara
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A: SUBJECT: The Dial Corporation

Problem: BODY: I don't know if you have spoken with Susan Flynn about her schedule before/after her surgery, but I have some questions that you may have already addressed, such as: Has Susan prepared a matrix reflecting the status of documentation (i.e., existing masters, agreements to use ENA master/terminate counterparty master,etc.) with the various CES counterparties? Carol mentioned that she could finalize this project. Will someone receive be checking Susan's email and voice mail and physical mail each day? What efforts (if any) are ongoing with respect to PGE? What about existing files? Top Tens (Swiss Re)? Any ISDA comparisons could be accelerated by giving directly to attorneys. Who will prepare reports for legal/credit meeting? Who is entering year-end deals onto Lotus Notes? Should Susan Bailey handle per Carol's suggestion? I'm sure that everyone in the group would appreciate a better understanding of how to handle the situation. Thanks. Sara
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A: SUBJECT: Susan Flynn

Problem: BODY: reliant guy, mike jines, called me about the deal with the cpuc. he thinks they will get injured and that sce will just continue the same path of doing nothing for the generators and the marketers. he wants to talk mid-morning houston time after we've digested for our view. with the settlement of the filed rate case, what does that do for us re the ctc claim? presumably they would pay as there would be no argument not to. am i in the right place? i hate to be too logical here. jeff saw your earlier email re your discussions but i've been in another crisis. need to decide what to do tomorrow, or, i realize, TODAY, AS IT IS NOW AFTER MIDNIGHT. michael, can you get with jeff early and start getting our view as i finish the other crisis stuff first in the am?? ?
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A:
SUBJECT: sce-urgent