|
|
Enron Mail |
This is an FYI. Thought you should see what they are pursuing along the same
lines as our GRM activities. Meeting with Inho for lunch on Friday. Per ---------------------- Forwarded by Per Sekse/NY/ECT on 03/14/2001 10:04 PM --------------------------- Enron Capital & Trade Resources Corp. From: "Choi, Inho" <ichoi@lehman.com< 03/12/2001 04:11 PM To: "'psekse@ect.enron.com'" <psekse@ect.enron.com< cc: Subject: Opportunities Per, I have over the past few weeks been involved in different transactions that have led me to seek you to try and develop opportunities for Lehman and Enron to work together. Generally, my group here at Lehman (the Insurance Products Group - "IPG") has become more involved with our investment bankers in trying to find insurance/alternative solutions to assist clients (e.g., balance sheet cleansing, earnings smoothing, specific contingency insurance, weather, etc.). As a result of this dialogue, we have received very positive responses from bankers/clients - specifically, two opportunities I would like to discuss with you are 1) hedging of commodity risk for earnings smoothing (e.g., OCC, ONP, etc.) and 2) purchasing claims against insolvent insurance companies. The third opportunity that I would like to discuss with you relates to a recent insurance placement that my group did for a hydrocarbon royalty securitization. Although the insurance was limited to currrency inconvertibility risk, I have spoken to a number of insurers that were very interested in providing credit enhancement on these type of future flow/asset transactions. I understand that you are heading this effort as well within Enron. I apologize if this email if verbose, but I think there are good opporunities here for us both. Please give me a call at 212-526-9525 at your earliest convenience. Thanks. Regards, Inho ------------------------------------------------------------------------------ This message is intended only for the personal and confidential use of the designated recipient(s) named above. If you are not the intended recipient of this message you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. This communication is for information purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product, an official confirmation of any transaction, or as an official statement of Lehman Brothers Inc. Email transmission cannot be guaranteed to be secure or error-free. Therefore, we do not represent that this information is complete or accurate and it should not be relied upon as such. All information is subject to change without notice.
|