Susan: Laurel Adams has an FX deal where RMT must be a party. The counterparty is a 100% owned Enron sub named "Compagnie de Papiers Stadacona". When I last checked, nothing shows up in the corporate database. However, I have verified the name, ownership, etc. with Jeff Blumenthal. I will separately email you the counterparty info that I have. We need a deemed ISDA for the parties. We should later do the ISDA when the information is available on the database (which could be any day, I suppose). I would just use our standard RMT format. Please assign. Feel free to call me or Laurel with questions. Thanks.
Answer: Deemed ISDA
Joe, The Sitara deals need to be updated, with the daily price. In case you do not have the daily prices, I included the spreadsheet. I don't have the number for Feb 9-11, 2002. Thank,
Answer: Lone Star Pipeline-Sitara
The $95MM profit in Power-Canada on Friday turned out to be release of reserves as well, so total reserve release was $803 MM (vs. the $700 we knew of in Frevert meeting). $500 Gas $208 EES $ 95 Canada Power 5-day P/L $563, so $240 5-day 5-day loss w/o reserve release. QTD P/L $775, so $28 QTD profit w/o reserve release. The $500 Gas & $95 Power reserve releases leaves ~$750 MM in North America's Schedule C & D, although most of that is specific deal reserves. Cassandra.
Answer: Reserve Release & DPR
Sue, I am sending you this e-mail because I received your voice message well after you left it today. I reviewed the text files that are sent out by the book administrators on my desks and none of them contain any deals booked to the counterparty El Paso Gas Marketing. All of the deals from people on my desk are booked to the valid El Paso counterparty per our conversations. I will be out of the office tomorrow, but I will be checking my voicemail frequently and communicating with my group. If the same problem arises tomorrow, please call me at 713-305-1502 so that we can discuss, because there has to be some other explanation for the erroneous counterparty showing up on your report. Thank you,
Answer:
El Paso Status in the Exotic Files