Re: ISDA in Tokyo

Jane:

Thanks for the update. It is very important for our traders to understand
the documentation challenges.

Mark

Jane McBride@ENRON
02/02/2001 12:16 AM

To: Takuro Shioda/AP/Enron@Enron
cc: Alan Aronowitz/HOU/ECT@ECT, Joseph P Hirl/AP/ENRON@Enron, Mark E
Haedicke/HOU/ECT@ECT, Morten E Pettersen/AP/Enron@Enron
Subject: Re: ISDA in Tokyo

Apologies to Shioda-san.
He is an associate not an analyst.
JMB

Jane McBride
2001/02/02 14:44

To: Mark E Haedicke/HOU/ECT
cc: Alan Aronowitz/HOU/ECT@ECT, Takuro Shioda/AP/Enron@Enron, Morten E
Pettersen/AP/Enron@Enron, Joseph P Hirl/AP/ENRON@ENRON
Subject: ISDA in Tokyo

Dear Mark,

Just wanted to let you know that I sent one of our young Japanese analysts
along to an ISDA committee meeting earlier this week. His name is Takuro
Shioda and he has been working on the commercial side with Bank of Tokyo
Mitsubishi, with whom we are currently negotiating an ISDA master.

The ISDA people here are trying generally to get more non-legal
non-documentary trading types involved in the Japanese language committees
because of how valuable this sort of feedback is in terms of practical
application of the ISDA docs and they have indicated that they would be
particularly grateful for help from Enron in this regard.

None of our Japanese traders have any real ISDA experience but I have taken
this as a first step. We cant do much more for ISDA on this front at this
point in time but obviously as we put ISDA masters in place and trade under
them this situation will change.

Jane