Ugh. Where were you - things again got ugly on market disruption (brokers or dealers permitted up to 4 each with no requirement of equal numbers).
In the meanwhile, credit annex meeting has been established for Nov.1 at the Marriott on Coronado Island. Talk to you soon.
Elizabeth Sager
713-853-6349
-----Original Message-----
From:
drusso@reliant.com@ENRON [mailto:IMCEANOTES-drusso+40reliant+2Ecom+
40ENRON@ENRON.com]
Sent: Monday, September 17, 2001 10:22 AM
To: Sager, Elizabeth
Subject: Energy Market - ISDA Statement
fyi
This communication is CONFIDENTIAL
and protected by the ATTORNEY-CLIENT
and WORK PRODUCT privileges.
Dede Russo
Senior Attorney
Reliant Energy Law Department
P.O. Box 1384
Houston, TX 77251-1384
1111 Louisiana St., Suite 4300 (77002)
Phone: (713) 207-5240
Fax: (713) 207-0161
E-Mail:
drusso@reliant.com----- Forwarded by Dianne H Russo/TTG/HouInd on 09/17/2001 10:20 AM -----
Kimberly Summe
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cc: Robert Pickel <RPICKEL@isda.org<, Jeff
Golden <
jeffrey.golden@allenovery.com<, Stacy
Carey <SCAREY@ISDA.ORG<, Ruth Ainslie
<RAinslie@isda.org<, Diane Genova
<
genova_diane@jpmorgan.com<
Subject: Energy Market - ISDA Statement
As part of its efforts to assist the markets resolve certain issues arising
out of this week's events, ISDA has been asked to consider the implications
of certain continuing problems with futures exchanges and price source
publications for commodity derivatives.
Attached in the form of a draft statement from ISDA are a series of
proposals that have been made by a number of institutions active in the OTC
commodity derivatives area to resolve pricing difficulties.
We welcome your comments on these proposals. The purpose of this
distribution is to encourage all participants in the markets for these
products to consider the issues raised and, we hope, to come to some
consensus position that can be reflected in a statement in the style of the
attached draft by ISDA. Please send any comments to Kimberly Summe
(ksumme@isda.org) as soon as possible on Friday morning.
Please contact me at ISDA at 212-332-1203 if you have any questions.
Kimberly Summe
General Counsel
<<Commodity Statement.doc<<
(See attached file: Commodity Statement.doc)
- Commodity Statement.doc << File: Commodity Statement.doc <<
