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A huge debate has been ongoing in he battle whether to include language in the EEI Contract that would provide that a confirmation that contains "substantive" terms not discussed by the traders is subject to the "deemed accepted" language. I have been very vocal against adding this language. The politics as you can tell from this email have been fierce, and as in much of successful politics, dirty. I'm not sure where this will end up, but feel like it is important that we all are aware of the history here as well as Enron's position (Confirmation needs to be the final, best evidence unless objected to in a timely manner). I will keep everybody posted on the results of the vote.
EEI Draft- historical data for future use in the battle of the confirmation process