FW: Power Fin Swaption description

Harry,

Welcome back. Here is were we stand with the options on financial swaps. We should be getting more information later this week.

Jaime
-----Original Message-----
From: Meredith, Kevin
Sent: Wednesday, November 21, 2001 7:21 AM
To: Gualy, Jaime
Subject: FW: Power Fin Swaption description

Jaime,

Here is where we stand. While they look at the language, I will be getting a little ahead by building all the elements in our TEST database for the purpose of testing. For your knowledge, the pieces that take the longest are legal review and testing. However, on this particular product/product type, we will be building everything from scratch. We are not typically faced with this requirement, but we will get it done as quickly as possible. Let me know if you have questions.

Kevin
-----Original Message-----
From: Hansen, Leslie
Sent: Tuesday, November 20, 2001 8:58 PM
To: Meredith, Kevin
Subject: RE: Power Fin Swaption description

Kevin:

I wanted to be sure to touch base with you before the holidays. I forwarded the Swaption to Brent Hendry last week. The power components of the product is already done -- the floating price language -- so the only piece requiring review is strictly financial. I will review as well but need Brent's comments.

Leslie

-----Original Message-----
From: Meredith, Kevin
Sent: Thu 11/15/2001 11:32 AM
To: Hansen, Leslie
Cc: Gualy, Jaime; Walker, Chris; Hoang, Charlie
Subject: Power Fin Swaption description

Leslie,

Please review the attached document containing the long description for power swaptions, and make any changes you feel necessary.

<<Power swaption.doc<<

Kevin Meredith

EnronOnline
(713) 853-9555