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"NAI at a Glance" reports on recent and future NAI events. In an effort to strengthen and broaden NAI's network, "NAI at a Glance" also disseminates timely and important articles by leading members and friends of the network. For further information on the New Atlantic Initiative, please see our web page at www.aei.org/nai/nai.htm. Jeffrey Gedmin Resident Scholar, American Enterprise Institute Executive Director, New Atlantic Initiative

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OUT: NAI at a Glance June 2001

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Credit wants to open up the referenced counterparty immediately. They are approved to trade all physical products, except physical power, and can trade all financial. I will follow up with this counterparty profile on today's approvals.

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OUT: RUSH APPROVAL - Torch Energy TM, Inc.

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Ken, I was pleased to have an opportunity to meet with you and Linda in April to discuss the Library/Honors campaign. To date, over $12.3 million has been raised and we have several proposals outstanding. I'm writing to ask your help with Jack Trotter, a trustee of the Vivian L. Smith Foundation. Earlier this year you indicated that you would be willing to sign a letter to Mr. Trotter on behalf of the Library/Honors building project. Enclosed is a draft of the letter. A proposal for $250,000 was submitted to the Foundation in May, the trustees are scheduled to meet on June 15. Mr. Trotter is a trustee with both the M.D. Anderson Foundation (which has already committed $1 mil to the library/honors project) and the Vivian L. Smith Foundation. The Smith Foundation provided a grant of $500k to the KUHT/KUHF Melcher building that opened last fall. Please let me know if you have any question regarding the enclosed letter. Also, please fax or e-mail the final letter to me at the address below. Thank you very much.

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UH Library-Honors Campaign