Re: Credit Launch

I'm not sure which "process" you are referring to. I have not yet seen a
list of proposed reference entities and if any of them have a business
relationship with Enron they will need to be subject to a deeper legal
review. The process for that review has not yet been finalized but for some
potential reference entitiesit will be very time consuming (i.e. for those
entities where the extent and nature of the business relationship is
unclear). The "soft" Chinese walls also have yet to be built for the US.
For those walls to be effective there may need top be training for people on
both sides of the walls.

David Forster
02/16/2000 08:46 AM
To: Mark Taylor/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT
cc:
Subject: Credit Launch

Credit are pushing to launch online credit trading for this coming Monday.

Have you both "signed off" on the process, or are there issues outstanding
which need to be resolved, from your point of view?

Dave