Enron Mail

From:sara.shackleton@enron.com
To:legal <.taylor@enron.com<
Subject:FW: Project Bruin
Cc:
Bcc:
Date:Wed, 26 Sep 2001 09:21:08 -0700 (PDT)

Mark: In case Global Finance is desparate in the next two days, I'm forwarding the project in this email and a following email. Thanks. Sara

-----Original Message-----
From: Puchot, Paul
Sent: Monday, September 24, 2001 10:45 AM
To: Shackleton, Sara
Cc: Koogler, David
Subject: Project Bruin


Sara,

Attached is the initial draft of the term sheet prepared by Bear Stearns for use in connection with Project Bruin. I hope that the e-mails I am forwarding to you are sufficient to give you an idea of the nature and intended accomplishments of the exercise.

Now that I am re-reading the message from Tom Blair of Bear Stearns, I see that he intended to follow up with additional detailed term sheets. I will ask whether those have been provided to us and forward them to you in the event we have them.

Paul

-----Original Message-----
From: Howard, Kevin A.
Sent: Tuesday, September 18, 2001 5:25 PM
To: Koogler, David; Puchot, Paul
Subject: FW: Very preliminary termsheet idea


fyi.

-----Original Message-----
From: Blair, Tom (Exchange) [mailto:blair@bear.com]
Sent: Tuesday, September 18, 2001 5:19 PM
To: 'Kevin A. Howard'
Subject: FW: Very preliminary termsheet idea


Kevin,

Please find following an indicative term-sheet for your/team's review.
While there are three simultaneous trades occuring at the same time, Davis
wanted one term-sheet to use for your internal conversations for simlplicity
sake. We will have additional term-sheets available for all three
components of the trade tomorrow. I will make sure you have a summary pitch
book available to discuss the merits/risks of the trade by Friday.

Speak with you in the am.

Best.

Tom

Thomas C. Blair
Managing Director
Bear, Stearns & Co. Inc.
245 Park Avenue
New York, New York 10167
212-272-2833 (office)
212-272-6227 (Facsimile)
tblair@bear.com

< -----Original Message-----
< From: Guinchard, Claude (Exchange)
< Sent: Monday, September 17, 2001 5:08 PM
< To: Blair, Tom (Exchange)
< Subject: FW: Very preliminary termsheet idea
<
<
<
< -----Original Message-----
< From: Guinchard, Claude (Exchange)
< Sent: Monday, September 17, 2001 4:48 PM
< To: 'davis.thames@enron.com'
< Subject: Very preliminary termsheet idea
<
< <<Basket Collared Swap Termsheet.doc<<
<
< Davis,
<
< I am sending this to you so that we can discuss the structure together.
< Work through it and tell me what you think. It is probably best to assume
< that dividends are zero for the time being but we should begin to focus on
< the impact of dividends relatively soon.
<
< Claude