Enron Mail

From:sara.shackleton@enron.com
To:rajaram.jamadagni@enron.com, robert.bruce@enron.com, tanya.rohauer@enron.com
Subject:RE: Oil Prepay Rollover
Cc:treasa.kirby@enron.com
Bcc:treasa.kirby@enron.com
Date:Wed, 19 Sep 2001 07:48:14 -0700 (PDT)

Raj: CAVEAT: I never heard back from Tanya about whether the CSFB confirmation would have a carve-out for margining pursuant to the master agreement. Bob was going to send me the format he drafted for the prior CSFB deal but which was never executed so that I could incorporate that language. Tanya may agree to allow this trade to margin under the agreement just like the confirm which terminated 9/12/01.

Sara

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX 77002
Ph: (713) 853-5620
Fax: (713) 646-3490


-----Original Message-----
From: Jamadagni, Rajaram
Sent: Wednesday, September 19, 2001 9:23 AM
To: Bruce, Robert; Shackleton, Sara
Cc: Kirby, Treasa
Subject: Oil Prepay Rollover

Sara/ Bob,

Further to my discussions with Sara yesterday evening, and in the absence of any email from both of you to the contrary, I conclude that the confirms as they stand now should be OK from a legal perspective, subject to the credit approval of the entities. As I mentioned yesterday, Treasa's contact at CSFB here is trying to retain CSFB International as the counter-party as was the case for the 2000 transaction earlier.

Thanks very much for your help.

Regards

Rajaram Jamadagni