Enron Mail

From:sara.shackleton@enron.com
To:janine.juggins@enron.com
Subject:ENA credit derivative transaction
Cc:
Bcc:
Date:Thu, 17 May 2001 04:21:00 -0700 (PDT)

Janine:

First Union National Bank ("FUNB") entered into a credit derivative trade
with ENA effective 20 April 2001 (our trader was a London trader). Although
ENA has a Master ISDA Agreement with FUNB (the "ISDA"), this does not appear
to be the impetus for the booking since the confirm didn't reference the ISDA.

Is ENA alright confirming trades in this manner?

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com