Enron Mail

From:phillip.love@enron.com
To:david.eubanks@enron.com
Subject:Re: PETRO CANADA - TAGG Q44721.1
Cc:
Bcc:
Date:Thu, 15 Feb 2001 04:18:00 -0800 (PST)

As is the case will all FT-Ontario deals done at a US point, the deal must
flow physically from a US book eventhough the canadian trader gets the long
term income/loss from the deal. This is a commercial decision that risk has
to abide by. The OA group, specifically John Valdes has given Jim Little the
deal numbers in the past that comprise this problem to eliminate repeat
performances. This deal in question began in 11/00 and since you are doing
december OA I would assume this one has not yet made the list. I suggest
forwarding to Jim LIttle/John Valdes to eliminate future problems. Thanks.
PL