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Jim- J Block was just a gas contract. At Enron, risk is controlled through one of two mechanisms: a book structure with approved limits and daily reporting of P&L or through a one off approval of a Dash. No risk should be taken on outside of these boundaries. Even though there is no capital, a gas contract contains market and credit risk and should be approved, providing it doesn't fit into a book. Rick
-----Original Message----- From: Tribolet, Michael Sent: Tuesday, June 19, 2001 1:34 PM To: Gorte, David; Buy, Rick Subject: FW: DASH re Cuiaba GSA with YPF/Andina -----Original Message----- From: Weidler, Peter E Sent: Tuesday, June 19, 2001 10:16 AM To: Tribolet, Michael Subject: FW: DASH re Cuiaba GSA with YPF/Andina Michael - can you confirm it is needed. Pete -----Original Message----- From: Hughes, James A. Sent: Tuesday, June 19, 2001 10:07 AM To: Hannon, Kevin; Lavorato, John; Weidler, Peter E Subject: RE: DASH re Cuiaba GSA with YPF/Andina Help me understand why a DASH is being done for a gas contract? The DASH process exists to approve uses of capital, not entering into a gas contract? Am I missing something? -----Original Message----- From: Cerisoli, Federico Sent: Tuesday, June 19, 2001 8:41 AM To: Haedicke, Mark E.; Schuler, Lance; Novak, John; Hannon, Kevin; Lavorato, John; Weidler, Peter E; Kishkill, Joe; Tribolet, Michael; Gorny, Vladimir; Landivar, Erwin; Ospina, Felipe; Hughes, James A.; Wiggs, Brett; Daniels, Eddy Subject: Re: DASH re Cuiaba GSA with YPF/Andina Attached is the latest DASH we sent to RAC (Michael Tribolet) last night. Thanks, Fede. << File: GSA DASH 6-18-01.doc << From: Eddy Daniels/ENRON@enronXgate on 06/18/2001 08:36 PM CDT To: Mark E Haedicke/Enron@EnronXGate, Lance Schuler-Legal/ENRON@enronXgate, John Novak/SA/Enron@Enron cc: Kevin Hannon/Enron Communications@Enron Communications, John J Lavorato/ENRON@enronXgate, Peter E Weidler/ENRON@enronXgate, Joe Kishkill/SA/Enron@Enron, Michael Tribolet/ENRON@enronXgate, Vladimir Gorny/ENRON@enronXgate, Federico Cerisoli/SA/Enron@Enron, Erwin Landivar/SA/Enron@Enron Subject: Legal Risk Memo re Cuiaba GSA with YPF/Andina Find attached the legal risk memo re this matter. I believe the DASH for the matter has been distributed by Federico Cerisoli earlier this evening. Please call or email with any questions. Regards, EDD << File: 000004rev1a.doc <<
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