Enron Mail |
Debbie Brackett and I met this week and reviewed the various Koch Hydrocarbon
Company Divisions and have developed the following game plan to resolve the division issue with respect to this counterparty: The following entities exist in GCP: 1. Koch Hydrocarbon Co. (GCP #36680): We would like this entity to remain OPEN and to be renamed "Koch Industries, Inc., acting through its Koch Hydrocarbon Company Division". 2. Koch Hydrocarbon Company (GCP #57853): We would like all future trading with this entity SUSPENDED. There appears to be one trade under this entity and this trade should me moved to GCP 36680. 3. Koch Hydrocarbons Inc. (GCP #26197): We would like all future trading with this entity SUSPENDED. There appear to be no trades under this entity. With respect to the current financial trading being done by Koch Industries, Inc. (GCP #126) (not under a master agreement), I spoke to the Legal Department at Koch and we will be entering into a side letter agreement with Koch that will put all financial trades done by Koch Industries, Inc. under the existing ISDA Master Agreement we have with Koch Industries, Inc. acting through its Koch Hydrocarbon Company Division. I will let you all know when such side letter agreement has been executed. As soon as GCP #36680 has been renamed we can re-submit them to EnronOnline and open them up for trading.
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