QUESTION: Per my conversation with Edmund this morning, we are moving Germany to the approved list for trading credit derivatives. Below is the list, now updated to reflect this change. European jurisdictions which are are approved for trading credit derivatives: Finland, Germany, Norway, Sweden, Switzerland, and the U.K.. The European jurisdictions which are not approved to trade credit derivatives include: France, Gibraltar, Ireland, Italy, Scotland, Spain, and The Netherlands. For banks incorporated in a non-approved jurisdiction, it may be possible for them to trade out of a branch located in an approved jurisdiction (i.e. U.S. and U.K. branches). This would have to be determined on a case by case basis. Canada is also not an approved jurisdiction for credit derivatives. Please let me know if there are any changes to this list.
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ANS: Update to Approved Jurisdictions - Credit Derivatives
Hi Mike, Sorry I missed you when you returned by call this am. I have some concerns about the voice mail you left re: assignment language. Enron can't stay on the hook for payment if the agreement is assigned, as this would bust the financing/accounting arrangement. What we have tried to do to meet your concerns is to see that ABB has a contract with a party which is as financially sound as Enron by adding the guaranty language. This addresses ABB's request that the party with the payment obligation have the "financial wherewithall" to make the payments. This is a big change from where we were in the last contract. I've had a request to get an approximate storage cost (monthly) for budgetary purposes. This is in connection with the buy back arrangement. Can you give me a guesstimate? Thanks,
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answer: Contract
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Here is an email: Hector, Monday, Nov 27, Joseph Taylor will be starting in my group - Risk Management, Financial Books. Dutch Quigley was spearheading the effort with H.R. to bring Joseph to Enron. Dutch has moved on to a new group and is currently on vacation. If you could, please send me Joseph's Social Security number, so that we can get him set up with phones, computers, etc. Also, who is my main contact in H.R. with regards to job postings, receiving resume's, interviewing, hiring, etc. Thanks for your help,
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A: New Employee Starting Monday
Q: Following are EPMI weighted average trade prices for Tues., March 27. After discussing this e-mail with my manager, we've decided to only send the information previously sent via fax. If you have any questions on individual deals, please don't hesitate to call. Thanks,
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A: EPMI Index Prices 3/27
Here is an email: November 16, 2001 Dear Enron Users: Due to a severe storm which hit central Texas last evening CYNET is experiencing a temporary service interruption of the assigned telephone numbers of it's Inbound Fax-2-Email Service. Our local loop carrier has advised us they are aware of the situation and they are working to restore this connectivity. While CYNET maintains back-up facilities for its Fax-2-Email services the problem we are faced with is that we can not place the same user telephone number within two different facilities at the same time. Our technical team is working on future recommendations in the form of having individual back-up numbers in the event of this type of outage. We sincerely do apologize for any inconvenience this may cause you and your users and expect to have this service restored as soon as possible. Sincerely,
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A:
Fax-2-Email Temporary Service Interruption