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Answer: ISC - Customer Service Survey
Adam, To follow-up on our discussion from last week: With regards to the need for equity/certificates at the Trust level, this is really a function of the requirements posed by the investors. Our tax group would defer to the underwriters. If the note investors can tolerate equity treatment (for tax purposes), then there should be no need for certificates in the structure. In previous transactions, the presence of certificates has allowed the notes to be treated as debt for tax purposes and therefore the payments treated as interest income. With regards to cross-default, a default in the Enron note does not result in a default of the swap between Enron and the third party entity or a default of the swap between Enron and the financial institution. Attached is a diagram of the prepay structure, as discussed last week. Feel free to call with any questions. Regards,
Answer: Yen CLN follow-up
Paul - This is a purchase from DP&L for 50 MWh HE 11 - 23 at a PJM W Hub index price. It is not in the hourly P&L and not routed in scheduling. I am getting word from the counterparty that it did not happen. Can you shed some light so we can settle with DP&L? Thanks,
Answer: 790075.1 09/25/01
There are 5 GSS (Corp) employees transferring to ETS effective 1/1/02, as follows: For transfers to/from other affiliates, the following data is necessary. We need this data in advance of the effective date of the transfer. Employee name: John Will Duane Moody Jason Brent Shelley Johnson Jerry Thomas Effective date: 01/01/02 for all Date position accepted: Transfer In/Out: Transfer In for all Old company name: 0011 - Corp for all Old company position: Dir Strategic Sourcing SR Contracts Mgr SR Bus Analyst Bus Analyst SR Contracts Mgr New company name: 1202 - Enron Asset Mgmt Resource for all Old company position: Dir Strategic Sourcing Mgr Contract Admin SR Bus Analyst Bus Analyst Mgr Contract Admin Let me know if you have any questions. Thanks,
Answer:
ETS Transfers In/Out