Attached are the discussion notes for the 1:30 PM meeting today (EB-1336) with Dan McCarty and Rod Hayslett. The "TO: list" will be in attendance, the "CC: list" are unavailable for this meeting. JNG
Answer: MOPS Summary
Per my conversations with Tom and Frank, unless Credit specifically tells us that a counterparty is a credit derivatives counterparty, the online team should consider that all U.S. based counterparties are not approved to trade credit derivatives. Credit will, in the same box where they put "declined" , "amended" or "division", put a note that says "credit derivatives" and in those circumstances only you should consider that I will be indicating whether or not the counterparty is approved to trade credit derivatives. Otherwise, I will not be putting an "X" in the box for each and every counterparty to say they can't trade credit derivatives. I hope this makes sense to you, call me if it doesn't.
Answer: Approvals for Credit Derivative Counterparties
You're undoubtedly getting calls and questions about the recent media coverage. Given the SEC inquiry and a slew of lawsuits, we are limited in what we can say. However, we have compiled Frequently Asked Questions and posted them on the web, so feel free to direct people there: www.enron.com/corp/pressroom/faq.html. The most recent press releases are also posted on the web in the press room. We are working on additional questions and answers that will be posted as soon as they are approved. If you have specific questions, please let me know. Thanks!
Answer: Q&As re: current happenings
These are the books we have set up for Natural Gas that need to be uploaded into Risktrac. Let me know if you need anything else from me. Thanks. John
Answer:
Gas Books