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Enron Mail |
I talked with Debbie this morning and she gave the following update:
Credit: (profile, headroom, tenor): List 1 (695 counterparts) completed profiles, headroom and tenor List 2 (464 counterparts) 300 to be completed profiles, headroom and tenor (approx 164 branches, divisions or trash - Debbie to give more details) by Fri List 3 (51 counterparts) Next week List 4 (331 counterparts) Next week Master Agreements: List 1 (695 counterparts) by Fri List 2 (464 counterparts) 300 to be completed by next Fri List 3 (51 counterparts) Next week List 4 (331 counterparts) Next week Debbie and I will address reject list early next week. I support sending brochures to branches/divisions with process to deal with assuring trading only occurs with approved trading entity. If we can finalize everything by next week we can assure approved profiles for startup. Please contact me if there are any concerns with this schedule. ---------------------- Forwarded by Bob Shults/HOU/ECT on 09/14/99 09:01 AM --------------------------- David Forster 09/14/99 01:52 AM To: Bob Shults/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT cc: Subject: Update Can someone please update me as to where we stand on: 1) Legal Review - Do we have a complete list of master agreements yet for all companies on the mailing list? - Has legal reviewed the counterparty list and noted any with which they think we cannot do business? - Has legal adjusted the above to reflect differing state laws? (i.e. has not applied a broad brush to all states on account of restrictive laws in some)? 2) Credit Review Can someone fill in the blanks in the attached matrix of credit to-do items with the current status and/or ETA of each item? Profile = Collateral/Non-Collateral/R-O access status identified Headroom = Credit limit to be used against sigma factors Tenor = maximum deal length limit List 1-4 = As per Bob's spreadsheet List 5 = This is what I am calling the original list of companies which credit rejected, but for which they were going to do some additional analysis to see if all of them really should have been rejected (the list of 400 "rejected" companies which credit sent to us). Profile Headroom Tenor List 1 Done List 2 List 3 List 4 List 5 3) Sigma factors Who is looking after this? When will it be completed for each Product Type? Thanks, Dave
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