Re: Limit Violation - Enron Australia

FYI.

MM
---------------------- Forwarded by Michael E Moscoso/HOU/ECT on 04/10/2000
02:22 PM ---------------------------

Chris Abel
04/07/2000 08:30 AM
To: Michael E Moscoso/HOU/ECT@ECT
cc:
Subject: Re: Limit Violation - Enron Australia

---------------------- Forwarded by Chris Abel/HOU/ECT on 04/07/2000 08:29 AM
---------------------------

From: Ted Murphy
04/07/2000 08:25 AM

To: Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Rebecca McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Chris Abel@ECT,
Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Allan
Ford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Whalley
Subject: Re: Limit Violation - Enron Australia

Paul,
While I think it is reasonable for you to request an increase to your limits,
as you may know, the Board doesn't meet until May 2. It would be somewhat
unprecedented to leave a "proprietary" position over the limit for that
length of time, i.e., the Australian Electricity book would far exceed the
number of position limit violations for any other commodities. I have left a
message for Greg and will speak to Rick Buy today. In the meantime, I
suggest that you put together a request for approval to increase your limits
to be presented at the first opportunity.
Ted

Paul Quilkey@ENRON_DEVELOPMENT
04/06/2000 10:16 PM
To: Greg Whalley@ECT, Ted Murphy@ECT
cc: Rebecca McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Chris Abel@ECT,
Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Allan
Ford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Limit Violation - Enron Australia