Enron Mail

From:mary.cook@enron.com
To:elizabeth.sager@enron.com, christian.yoder@enron.com
Subject:3 way exposure reduction trade
Cc:
Bcc:
Date:Fri, 22 Dec 2000 01:15:00 -0800 (PST)

Per conversation with christian, and prior discussions with cadwalader i
think the memo of cad is off on cross default too. i had noted such on my
first read. i thought what we were after was if one leg is set aside in a
bankruptcy then all legs are "set aside" this being different than
defaulted. Mary


Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com