RE: EIX and EME

No material current exposure, but we are continuing to review the BNY deal. The CRO from EME indicated to me that he and the CFO were doing a road show to communicate the current position and direction for the company and said they include Enron. I am still trying to schedule.

I'll keep you informed.

-----Original Message-----
From: Seyfried, Bryan
Sent: Wednesday, October 10, 2001 9:12 AM
To: Kitchen, Louise; Bradford, William S.
Cc: Lee, Derek; Fiala, Markus
Subject: EIX and EME

Given recent events, we are looking to cover our long protection ($15mm) in Edison Mission Energy. Will keep the position if you are still interested or can sell it to ENA. Bonds have rallied in, still looking for a market in the Default Swaps. Pls. let me know if you have any interest.