FW: Energy Market - ISDA Statement

I am sure that you probably have already seen the attachment, but here it is just in case you have not.........

-----Original Message-----
From: Sorenson, Jefferson D.
Sent: Friday, September 14, 2001 2:53 PM
To: Theriot, Kim S.; Bruce, Michelle; Aronowitz, Alan; Flores, Nony
Cc: Whiting, Elaine
Subject: FW: Energy Market - ISDA Statement

fyi

-----Original Message-----
From: Whiting, Elaine
Sent: Friday, September 14, 2001 2:04 PM
To: Horn, Cindy; Sorenson, Jefferson D.; Thurbin, Simon; Millerchip,
Rebecca
Subject: FW: Energy Market - ISDA Statement

Next mtg scheduled for 10.30am London Time on Tuesday - after we have had a chance to see what happens in the markets on Monday - if anyone has anything they would like me to raise, ask or highlight at this mtg of market participants, please just drop me a line by cob Monday.

Thanks,
Elaine

-----Original Message-----
From: Sorenson, Jefferson D.
Sent: 14 September 2001 15:21
To: Whiting, Elaine
Subject: RE: Energy Market - ISDA Statement

thanks Elaine, just what we are working on

-----Original Message-----
From: Whiting, Elaine
Sent: Friday, September 14, 2001 9:09 AM
To: Horn, Cindy; Sorenson, Jefferson D.; Thurbin, Simon; Dattani, Raju
Subject: FW: Energy Market - ISDA Statement
Importance: High

FYI, out of yesterday's emergency meeting - will keep you posted - next meeting is on Tuesday.

Regards,
Elaine

-----Original Message-----
From: Kimberly Summe [mailto:KSumme@isda.org]
Sent: 14 September 2001 01:46
To: Whiting, Elaine;
Subject: Energy Market - ISDA Statement
Importance: High

As part of its efforts to assist the markets resolve certain issues arising
out of this week's events, ISDA has been asked to consider the implications
of certain continuing problems with futures exchanges and price source
publications for commodity derivatives.

Attached in the form of a draft statement from ISDA are a series of
proposals that have been made by a number of institutions active in the OTC
commodity derivatives area to resolve pricing difficulties.

We welcome your comments on these proposals. The purpose of this
distribution is to encourage all participants in the markets for these
products to consider the issues raised and, we hope, to come to some
consensus position that can be reflected in a statement in the style of the
attached draft by ISDA. Please send any comments to Kimberly Summe
(ksumme@isda.org) as soon as possible on Friday morning.

Please contact me at ISDA at 212-332-1203 if you have any questions.

Kimberly Summe
General Counsel