Trading Limits

Mark,
I haven't had a chance to plunge into the book you lent me at the conference
because I am flailing around wildly in as much as I can about certain
Spanish topics before early July, including such things as, of course,
Cervantes, a man whose mind I have come to love almost as much as
Shakespeare's, the Catalans, the Spanish Civil War, the War of Spanish
Succession, the Spanish Inquisition and of course the Spanish Aramada. I
have never read a definitive account of that great moment in English naval
history. Did Nelson fight in the Armada battle at Trafalgar? Is that the
battle Jack Aubrey is always talking about? Where the hell is Trafalgar?
I have the idea it is down there by Gibraltar but can't find it on the map.
On the other hand, I have a vague fantasy of these little row boats coming
out at the mouth of the Thames to battle the mighty Armada. When one
considers what the panic must have been like in the Spanish fleet when they
realized that in spite of their size and assumed invincibility they were
actually vulnerable to that old maritime risk of sinking, one is
involuntarily caused to cast one's badly jaundiced commercial-legal mind
upon recent events of an analagous nature on board our own beloved ship,
sailing as it has been in the northern commercial straits. Has our
mighty Armada sailed out onto the seas of deregulation, only to meet the
...... perhaps I shall cease articulating this line of thought and dwell
upon the ingenuity of the Engish.

Anyway, I have come to a point here in Portland where I need to go back
into the policy context of our trading business. I recall in Houston that
we had these trading policies that you worked on and that they set limits and
articulated responsibilities. Do you still have close contact with those
policies and if so, is there a discrete document that pertains to the
Portland desk and if so would you be so kind as to send me a hard copy of
it? I want to ground myself again in the fundamentals so my daily battles
can be a little more fun. --cgy