As you both may recall, we left unresolved whether our intention was to have the credit derivatives tied to the applicable ISDA Master Agreement, if there was any. Mark's first thought was that they would always go under a GTC, but after reflection, perhaps we might want them to go under the master. We need to get this resolved because there is no global contract assigned to any of the credit derivatives online, which is causing much trouble between Global Contract and the online crew. Can you direct me as to what our approach will be. Thanks.
Q: What is a potential subject line for this email?
answer: EnronOnline Credit Derivatives
A man and a woman who have never met before find themselves in the same sleeping carriage on a train. After their initial embarrassment, they both go to sleep. The man takes the top bunk, and the woman takes the lower bunk. In the middle of the night, the man leans over and wakes the woman, "I'm sorry to bother you, but I'm awfully cold and I was wondering if you could possibly get me another blanket?" The woman leans out and, with a glint in her eye, says, "I have a better idea... just for tonight... let's make pretend that we're married." The man replies with excitement, "Okay! Sure!" "Good," says the woman, "Get your own damn blanket!"
Q: What is a potential subject line for this email?
answer: Cute
Brian, Have you had a chance to review Gerald's latest draft of the Amendment? I would like to be able to send it to Gary ASAP. Let's talk about this at your earliest convenience to make sure that we are all on the same page. Stuart
Q: What is a potential subject line for this email?
answer: Dow Lease Amendment
You asked whether current contract approval procedures require the marketers to get Legal's approval on all transportation contracts. The answer is no. If you look at the ET&S policy on authority to grant transportation and storage discounts (I can fax it to you if you don' t have it), there is a column for "Pre-approved Terms" and one for "Non Pre-Approved Terms". Contracts that are not on a pre-approved form always have to have the Legal Dept's approval. Contracts on pre-approved forms with a total discount (for the entire contract term) of less than $1.2 million do not need Legal's approval; those above the threshold do. Does that make sense? As far as I know our marketers have been following this. I spoke with TK and she is aware of the policy, and she is also aware that she needs to show me any contract that deviates from our standard language. She has also discussed this with Steve Harris recently to make sure he's comfortable with the policy. If we need to discuss this further please let me know.
Q: What is a potential subject line for this email?
answer:
contract approvals