Em, Glad to hear that you arrived safely in your new home. I'm sure you'll be adjusting to the time change for a few days, but hopefully this time you won't get sick. Say, "Hi" to Katy for me and tell her I will email her soon to try and figure when is the best time to come visit. Now on to the business at hand. Thought I'd let you see the last email exchange between Mr. Noble and myself. Start from the bottom with my email and then read his response. I would love to hear your insight on it all. Here's my thought at this point. I think Ted is an EXTREMELY linear person, in that his focus can not be split between too many different things at once. To that end, I believe this project, to which he has dedicated many hours, has literally harnessed all of his attention. Realizing this, I'm not sure exactly how I feel about it - - - Any thoughts? Sue
Q: What is a potential subject line for this email?
answer: You keen analysis is called for...
Scott, Please verify this trader - product matrix. You may want the trader to look it over too. I am sending it to Torrey in EOL to download this weekend. Testing will start Monday. Let me know of any changes. Thanks. Scott 3-6599
Q: What is a potential subject line for this email?
answer: EOL products and traders
Stephanie and Sara - We currently have several deals on the books with National Energy Group, Inc. that we confirmed under omnibus confirms. The initial two deals that we did with them, TAGG numbers QY8453 and QY9133, required independent amounts and had the credit language attached. I have attached those annexes below. We have since executed the following trades: VH0606 VH0931 VH0969 VH0982 VT5854 VT5861 Our positions with this counterparty have gone deep in the money to them, and they have asked us to send them back the collateral. While I am not thrilled about doing this, I understand that this is a commercial issue and we probably need to do this to be responsive to the customer. If you hadn't guessed by now, this is a Lagrasta customer, so I am getting the requisite incentive from Fred to get this done. In concert with the return of their collateral, I want to send them a document that allows us to call for margin again if their positions start moving back in ENA's favor. I want to be able to call them if their position moves any less than $3 million in their favor. Right now, the positions are over $6 MM in National Energy Group's favor; I want to call them if that exposure changes to anything less than $3 MM in their favor. This would still give us some "cushion". What do we need to do to make this happen? JRW
Q: What is a potential subject line for this email?
answer: National Energy Group, Inc.
Dear Mr. Lay, I know you are extremely busy so I will be quick: Thank you for being everything I have always known you to be. Diana Peters P.S. Please take care and I will remember you in my prayers
Q: What is a potential subject line for this email?
answer:
CONFIDENTIAL