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Enron Mail |
Credit has them as being an "ESP", which means they are an Eligible Swap
Participant under the rules of the CFTC. The CFTC sets financial criteria, such as certain net worth and assets tests for companies to trade financial products . Sometimes counterparties can still meet the legal criteria, but Credit may not want to do that type of business with them. Camille Gerard@ENRON 01/19/2001 10:54 AM To: Tana Jones/HOU/ECT@ECT cc: Subject: Re: ClickPaper Approvals for 1/12/01 Tana, Thanks for the approvals. One question though. Credit approved American Color Graphics for physical transactions only. However, your sheet shows them open for financial trading. Usually, you will close a counterparty for financial if Credit does. Camille From: Tana Jones@ECT on 01/19/2001 09:33 AM To: Camille Gerard/Corp/Enron@ENRON, Frank L Davis/HOU/ECT@ECT cc: Subject: ClickPaper Approvals for 1/12/01
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