Hello, I just wanted to say I hope your weekend went well. Payton is growing like a weed. He is now tickalish. He also has learned how to scream, now that's about all he does. He has a walker and he loves to sit in it and just talk away. He is such a happy baby, everyone enjoys him and loves to see him, he's so pleasant.
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answer: Payton
Please pass this onto the individuals in your groups: Tomorrow's simulation and Friday's desk to desk trading will provide an excellent opportunity for us to double check the online deals in tagg and sitara. Please pay special attention to these deals and let me know of any bridging issues. Even though we have been testing and having various people check the deals in the underlying systems, I am afraid of any logic that may be hardcoded in the bridge. Notify me immediately of any deals that are bridging incorrectly and I will try to resolve as soon as possible. I will also be watching the bridge to research any failed deals. Thanks for your help. Let's hope for a smooth transition! Dawn 3-9353
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answer: Bridge logic
This is an email to let you know that the November 2001 release is available for download on www.rdionline.com. If you do want to receive this email, please reply with unsubscribe in the subject line. Thank you,
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answer: NEWGen November 2001 Release
One of the most important credit tools available to help Enron Wholesale Se= rvices (EWS) manage counterparty credit risk is setoff rights. This is par= ticularly true as our trading business is expanding to include numerous com= modity lines, including gas, power, coal, steel, pulp and paper, each of wh= ich may be traded under different masters with a single counterparty. This= complexity is further increased as a result of EWS using multiple affiliat= ed entities to trade the various commodities. Absent express contractual s= etoff rights, EWS may be unable to setoff exposures under different master = contracts. =09A team of EWS lawyers has been working to assemble setoff language that = will substantially enhance EWS's credit position with counterparties with w= hom we trade multiple commodities. This setoff language, which is set fort= h below, must be in all EWS trading form contracts. Similarly, when negoti= ating on third party paper, we should request that this additional setoff l= anguage be added. MANDATORY SETOFF LANGUAGE FOR=20 EWS TRADING CONTRACTS =09(A) Upon the designation or deemed designation of an Early Termination D= ate, the Non-Defaulting Party ("X") may, at its option and in its discretio= n, setoff, against any amounts Owed to the Defaulting Party ("Y") by X or a= ny Affiliate of X under this Agreement or under any other agreement(s), ins= trument(s) or undertaking(s), any amounts Owed by Y to X or any of X's Affi= liates under this Agreement or under any other agreement(s), instrument(s) = or undertaking(s). The obligations of Y and X under this Agreement in resp= ect of such amounts shall be deemed satisfied and discharged to the extent = of any such setoff exercised by X and/or X's Affiliates. X will give Y not= ice of any setoff effected under this section as soon as practicable after = the setoff is effected provided that failure to give such notice shall not = affect the validity of the setoff. For purposes of this Section __, "Owed"=
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answer:
Mandatory Setoff Language for Inclusion in all EWS Trading Contracts