IN: This is an email
Sara, I noticed that Citibank has sent in letters terminating their ISDA agreement, as well as a letter terminating their foreign exchange contracts. Wouldn't the FX confirms be covered by the ISDA? We certainly confirmed them as if they were. The date of the letter terminating FX confirms is 12/2/01, while the ISDA was terminated 12/3/01.

What is the subject?

OUT: Citibank

IN: This is an email
Tanya: Here is the issue with respect to the Goldman Guaranty. The new Guarantor is now The Goldman Sachs Group, Inc. (previously it was The Goldman Sachs Group, LP). In the existing Guaranty, we permitted Goldman to assign its rights to a Successor Guarantor without our consent if the Successor Guarantor met the following qualifications: 1. (a) if the Successor Guarantor is a corporation, at least 50% of the voting stock had to be held by the same entities/persons that owned and controlled the previous Guarantor (b) if the Successor Guarantor is a partnership, it had to be controlled by the same entities/persons that controlled the previous Guarantor. 2. the Successor Guarantor's Credit Rating could not be lower than the lesser of (y) A2/A or (z) the predecessor Guarantor's Credit Rating prior to the transfer 3. the Successor Guarantor had to have a total net worth of at least $200,000,000 4. the Successor Guarantor had to be the direct or indirect parent of J Aron. Their lawyer is telling me that now that Goldman is public, it cannot agree to item #1. Are you okay if the criteria is just items 2,3 and 4? Carol

What is the subject?

OUT: J Aron

IN: This is an email
The Mark Morris group performance is the last weekend of this month, the 27th - 29th. See the website www.spahouston.org and click on "Program Notes" for a detailed description. Bill and I will leave for Austin tomorrow a.m. as early as we can manage. I'm not picky about where we go for dinner, but was thinking Bill might enjoy going to the Bitter End brew pub -- I'm sure they don't take reservations but

What is the subject?

OUT:
cultural notes