Settlements Issues

Greetings-
I will be passing out a report of settlements issues that have come from
Volume Mgmt. If your name appears on the report, then you are responsible
for clearing this discrepancy.
You may not have been actually working during this time period, ie, a deal
may have been extended in scheduling under your name.
However, I am holding each person who's name appears responsible for
clearing this issue. If you are required to pull tapes, come see me for
approval.

Several issues on the list have been cleared previously. We must
communicate this info to Caroline so that she can make the appropriate
entries into the
DMS (Dispute Management System). You may be asked to complete other
settlements discrepancies as well.

This is a huge issue, as our trading strategies were a bit hard to follow
from Settlements viewpoint. We need to assist this process to make sure
that Enron gets the actual money that Real Time claimed that we made.

I want everyone to understand that just because we have a discrepancy with a
customer, I am certainly not assuming that you/we are in the wrong.
In more than one half of all disputes, we are correct. In this case, we
need to prove our position with tapes, etc.

Thanks,

JMF