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Enron Mail |
Drew,
The 2002 Transwestern fuel hedges were all done with ENA. Currently those hedges are approximately $17.0m in the money. Our ENA hedges would certainly be rejected by a Trustee in bankruptcy. Since these were affiliate transactions, I would assume that these positions were all layed off to a non-Enron counterparty. Is there a way that we can get assignment of the offsetting counterparty transactions? If not, we could have a big hole for next year. Dan
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