Pursuant to Lora Kinner's request, I am attaching our form master netting agreement. The lawyer who will be working with you is Anne Koehler (713/853-3448; anne_koehler@enron.com). She is out of the office at a seminar and will be returning on Thursday, November 29. Please let me know if you have any questions or need anything else.
Answer: Master Netting Agreement
We sincerely regret to inform you of a tragedy that occurred earlier today. Cliff Baxter passed away this morning. Cliff gave many years of dedicated service to the company and his spirit and wit will be remembered. Our thoughts and prayers go out to Cliff's wife, Carol, and his two children, J.C and Lauren. We know many of you will want to do something for Cliff's family. We will notify you as soon as possible about the Baxter's wishes.
Answer: General Announcement
Mike, Hope everything is going as well as could be expected. First, I wanted to ask you for a favor in that we are basically short to you 175 mw of cal 02 cob light and and 100 mw of 03 cob light. Cob is such a thin market and I was hoping you might be able to help us out on counterparties who might have offsetting positions I could bookout with. Second, we are going to be looking to expand at the beginnning of 02, our credit is good with just about everyone now, and we will be looking to hire one or two experienced people to trade the west, especially one long term guy. We're obviously not as big as some shops but we have a very aggressive bonus payout. Anyway, something to keep in mind once things get more settled up there for you guys. Thanks to you and Bob for the help yesterday booking some of this stuff out.
Answer:
couple things