RE: bethlehem steel bankruptcy filing

no collateral.
hodge looked at gas. older master stemming from enron access (??) days. index pricing.
he is handling termination of service and noticing. he is looking at metals too to confirm nothing unusual. will alert you if is.

-----Original Message-----
From: Haedicke, Mark E.
Sent: Tue 10/16/2001 2:28 PM
To: Mellencamp, Lisa
Cc:
Subject: RE: bethlehem steel bankruptcy filing

Lisa: What is the quality of our contracts and do we hold any collateral? Any particular legal issues at this point? Will we have to get quotes? Mark

-----Original Message-----
From: Mellencamp, Lisa
Sent: Tuesday, October 16, 2001 1:40 PM
To: Haedicke, Mark E.; Sager, Elizabeth; Nettelton, Marcus; St. Clair, Carol; Cook, Mary; Essandoh, Edwin; Darmitzel, Paul

Cc: Bradford, William S.; Tribolet, Michael; Hodge, Jeffrey T.
Subject: bethlehem steel bankruptcy filing

for your information:
bethlehem steel has filed bankruptcy in new york.
metals in london has $200,000 or so in exposure (mostly mtm).
ena has gas deal with exposure of about $1.2 million.
industrial markets has nothing.
these are being terminated. hodge sending letter on gas/other from london.
i will file proof of claim.