IN: This is an email
Louise Hope alls well and you're enjoying life in Houston. One of the projects my group (Enron Credit - Syndication), are currently working on is to try and originate, structure and place a High Yield and / or Emerging Market CDO, which is made up of both Enron risks and externally originated risks. The plan would be to provide a cost effective way for Enron to hedge its credit exposure to riskier counterparties. I am not sure if Enron North America has any of this type of exposure, but would be interested to talk to someone and find out if there is any way that we might be able to help your group. I attach a short presentation which outlines the rationale for what we are doing. I am going to be in Houston the week of the 17th September and would appreciate a steer as to who would be the best person to speak to on this. Regards, Robina

What is the subject?

OUT: High Yield Portfolio Hedging

IN: This is an email
Jeff, here is the 2001 plan. Sorry, I did send it to Dave D. , John S. and you but I must have blown your address somehow. Dave and John got theirs. Mike

What is the subject?

OUT: EGM 2001 plan

IN: This is an email
Greg, I know that you have more challeging issues than Mariner to consume your time; however, I wanted to advise you that I believe that we have at least made some short term gains at the company. First, we have reduced the workforce by about 20%. I will know before year end if further reductions are needed. Second, we have sold 100% of Mariner's interest in Aconcagua for $51 million. Originally, Mariner intended to sell 50% of its interest. Expectations were $35-$40 million (100%). Allan brought in the buyer

What is the subject?

OUT:
Mariner Progress