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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
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