Enron Mail

From:tana.jones@enron.com
To:larry.hunter@enron.com
Subject:Re: EOL Trades with Glencore Commodities Limited
Cc:
Bcc:
Date:Tue, 29 May 2001 07:51:00 -0700 (PDT)

Thanks for the email. Looks like we're not bad in getting their confirms
out. After I hear from Justin I'll give them a call, hopefully tomorrow.



Larry Joe Hunter
05/29/2001 02:09 PM

To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: EOL Trades with Glencore Commodities Limited

FYI
---------------------- Forwarded by Larry Joe Hunter/HOU/ECT on 05/29/2001
02:08 PM ---------------------------



From: Diane Anderson @ ENRON 05/29/2001 12:19 PM


To: Debbie Nicholls/Enron@EUEnronXGate
cc: Larry Joe Hunter/HOU/ECT@ECT, Patrick Mulvany/ENRON@enronXgate, Bob
Bowen/HOU/ECT@ECT
Subject: Re: EOL Trades with Glencore Commodities Limited

Hi Debbie.

I left a message for Miriam - but to keep you in the loop - I have researched
our deals done
with Glencore Commodities Limited for the last four months, finding that
every deal was faxed
T+1 except two instances where a deal went out T+2, and the three deals from
last Thursday
which fax failed on Friday( I've signed and sent them this morning.).

Also, considering the time difference, ENA may fax out a deal on T+1 after
Europe
has gone home, so the counterparty will not see the confirm till the morning
of T+2.

Glencore should also get themselves set up with back office user access to
EOL, so they
can peruse their deals while awaiting the confirm.

I have also sent word to our legal department asking them to look into
Glencore's
governing law status.

I'll convey this to Miriam when I speak with her.
Thanks,
Diane










From: Debbie Nicholls/Enron@EUEnronXGate on 05/29/2001 03:42 PM GDT
To: Larry Joe Hunter/HOU/ECT@ECT, Julie Brewer/NA/Enron@Enron, Diane
Anderson/NA/Enron@Enron
cc:

Subject: EOL Trades with Glencore Commodities Limited

Hi,

I have received a call from Miriam in Glencore re EOL transactions. Her
concerned are that she does not receive the confirmations within 24 Hours
(from Houston) of the deal being dealt which we are subject to in London and
she would like to see this from ENA. Also, when Glencore agreed to trade EOL
transactions they stipulated that English law be used for all transactions,
presuming these would be the same from ENA. She has tried to call but only
gets voice mail, could you please contact her to discuss these and any other
issues she has with EOL.

Tel: 44 20 7412 3190

Regards,

Debbie