Enron Mail

From:bob.shults@enron.com
To:andy.zipper@enron.com
Subject:Broker Client Update
Cc:michael.bridges@enron.com, mark.taylor@enron.com, debbie.brackett@enron.com,leslie.reeves@enron.com
Bcc:michael.bridges@enron.com, mark.taylor@enron.com, debbie.brackett@enron.com,leslie.reeves@enron.com
Date:Wed, 6 Dec 2000 09:26:00 -0800 (PST)

Just to remind you I am on vacation Thurs and Fri.

GFI requested a quote for NA Gas and Power, Coal, Emmisions, UK Power, UK
Gas, European Gas and European Power. I have calls into George McClellan
(coal) and Tim Belden (West Power) to let them know about the negotiations.
I need to know who at Enron you have discussed this with in London to make
sure I run it past other interested parties in London prior to making an
offer to GFI. I am now talking to one of the GFI Managing Directors in New
York and hopefully this will move the process along faster.

Amerex: Unwound $500 K / 75 % brokerage deal. Asked them for a proposal for
zero brokerage. Original offer we made was $400 k and zero brokerage.
Meeting schedules for Tuesday afternoon. Still waiting for John Nowlan to
reply on crude products and Marcello Romano to reply on European Bandwidth.

PVM: European Crude broker presented by Chris Glass; Forwarding NDA

ED&F Man: Waiting on Mary. I will call if OK with you.

Prebon: Mike made initial offer with brokerage in it. Mike informed Prebon
of new price structure. Prebon to call back on Monday.

Natsource: Jack is waiting on a draft of the Agreements to begin
discussions. I will forward the Agreements once we approve. I suspect early
next week.

Credit: Working with Debbie on security level versus headroom. Modeling June
2000 to get feel of exposure.

Legal: Second draft of BETA is attached. Bullet points for Fee Agreement are
also attached. Liquidated damages and margining are covered in Section 3(f)
and (g)