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Enron Mail |
As a follow-up to our conversation in London when you said I should bring to
your attention any concerns I might have with financial trading issues, the following has recently come up as an issue here in Houston (and does so from time to time). We will, in fact, be discussing it at our group meeting next week. I spoke to Edmund about it when I was there in London, but in light of the recent Canadian form problems and the resulting concerns of Mark Haedicke with the integrity of our forms, I thought I should bring this your attention. One of our continuing concerns on the financial trading side is that every financial trading lawyer/paralegal work from the centrally approved forms. The Houston forms are currently located in a "read-only" directory. We need to be careful that users copy the forms out of the directory each time they use the form. Copying the form into a personal directory for ease of use creates issues with people working from outdated base forms, or having forms evolve without approval. Another way forms get changed without going through the approval process is when an attorney tells the paralegals to make a change in every swap agreement they approve. It counts as a form change, not a negotiation change, if you make it in every agreement. Ultimately our goal is to centralize the forms in a database easily accessible to all of us on a global basis (this is a central and critical component of the Fishkin Project). Thanks for your attention to this.
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