IN: This is an email
Thanks for dealing with Tana on these issues. It is not entirely clear to me what you want the policy to be regarding which counterparties have access to Australian power products. You probably already know that the EnronOnline people want every counterparty everywhere in the world to have access to every product unless Credit or Legal can justify restricting their access. Credit already performs a financial test on each counterparty to determine if they meet the CFTC Eligible Swap Participant requirements. Unfortunately, that test is not as restrictive as the Australian tangible assets test. It sounds like there should be a US$6 million tangible assets test applied by Credit before we give any counterparty access to Australian Power (this would be a total pain but certainly possible). On the other hand, if you feel comfortable giving access to non-Australian counterparties without that test being performed, we can do that, too. Pleas let me know if we should ask Credit to start performing this test on all counterparties or if it should be limited to Australian entities.

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OUT: EnronOnline access to Australian Power products

IN: This is an email
I haven't seen any of the press reports (even though I am in London and I hear that's where they were) but I thought this was a well drafted response. The only additional rumours I have heard indicate that the police may have been rough in their handling of demonstrators outside the fence at the plant construction site. I remember hearing that there were times that the construction workers feared for their lives because of the vehemence of the protesters. I guess that didn't make it into the Human Rights Watch (ever heard of them?) report. Mark

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OUT: Human Rights Watch

IN: This is an email
Mike, if you Janet or Dave can cut the deal with Izzo go ahead and speak to him. I don't think there is any practical way to enforce any percieved call we have on Izzo so you will have to determine how much Larry really wants the trubine or how he could benefit from striking a different deal. Regards

What is the subject?

OUT:
Goldendale Turbine