IN: Attached are a draft of the MSA and a Transaction Agreement under the existing Enfolio Master in place between ENA and the City of Palo Alto. Please review. There are a few questions and blanks to be completed after your review.

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OUT: Draft MSA and Confirm (Palo Alto)

IN: Susan: (1) Would you please verify the financial section of the attached report? (2) Will you update the "Southern Cone" swap report and circulate as we have agreed. Thanks. If you have questions, holler. Thanks. SS

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OUT: BA Deal Report

IN: We will meet for thirty minutes before our 3:30 fundies meeting. 1. EOL market making - Lavo has asked us to increase basis liquidity. Janie has mentioned general theme of market, "why trade on EOL 5000/d and risk moving the market". We are becoming market framers. I think Frank Ermis is a pioneer. 2. Deal confirmations - Anne Bike misbooked a deal for me from March, cost $3.5 million. How do we deal with this issue of confirmations missing deals. 3. Vacation and work hours - Discuss vacation schedules for the rest of the year. We need to do a good job of coordinating when we are out. Mike

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OUT: Meeting today at 3:00

IN: Dear Alumni, Please see opportunity for Investment Banking Associate with the Denver office of Tucker Anthony Sutro Capital Markets. Please respond to contact information found below job description. Thank you,

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OUT:
Investment Banking Associate Opportunity