Q: I've gone back through the ISDA Credit Support Annex and the "green book" and my conclusion is that unless we modify the standard form, we have to give an Independent Amount back to the counterparty when we go out of the money far enough (note that the definition of Exposure results in a negative number when we are out of the money reducing the Credit Support Amount below the Independent Amount). The theory there is that as the market moves against us, we are cushioned by our "out-of-the-moneyness" and will be able to ask for support as the market moves back in our favor before we are actually in the money. I'm afraid that Credit has been operating under the assumption that we get to keep Independent Amounts until the Transaction terminates. We need to set up a system with Credit so we all know what is meant on the credit work sheets -- i.e. whether a cushion or up-front amount should be
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A: Independent Amounts

Q: Gary: Mark Taylor and I are getting a bunch of these EOL notices but can't seem to get into them to see what they are when we click on them. Can you help us out? Amita suggested that I contact you. Carol ext. 33989
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A: EOL Notices

Q: The Management Committee is invited to join the Enron Corp. Board of Directors on Tuesday, October 9th, for it's open Board session and lunch. Among other agenda items, management briefings will be made for both Enron Americas and Enron Energy Services. Please come to EB5001 at 9:20 a.m. on Oct. 9. A seated lunch will be held in the 50M dining room following the meeting. Thanks.
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A: ENE Board Meeting - October 9th - NEW TIME!

Q: Dawn said I need to email you with eol id changes. We have two traders on the central desk who are changing book names effective sunday. Kruscitti needs his log in -ADM96645 moved from Ft-int-cen-mkt to ft-cent. Joe Parks needs
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A:
eol log in id book changes