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Enron Mail |
To my knowledge, we will trade these instruments via internal broker
platforms (i.e., ENA traders will trade online rather than over the phone), such as Goldman Sachs, or directly over the phone. All trades will be confirmed either online or verbally and ENA will receive a daily statement reflecting trades done the previous day. ENA does not prepare a confirmation but will need to check out the broker statements. I believe that these debt securities are issued in either book-entry form (in variable denominations) or as registered certificates (e.g., undivided interests in a mortgage pool). We will trade US agencies and Japanese bonds with Goldman. Please let me know if you have any questions. 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 Laurel Adams 01/08/2001 09:08 AM To: Sara Shackleton/HOU/ECT@ECT cc: Subject: Government agencies Sara, I'm at home sick this morning, but plan to go into work this afternoon. Could you take a look at the email below and give me your thoughts? I'm not at all familiar with these instruments. Thanks. ---------------------- Forwarded by Laurel Adams/HOU/ECT on 01/08/2001 08:59 AM --------------------------- From: Sheila Glover 01/08/2001 08:55 AM To: Ellen Su/Corp/Enron@Enron, Kevin Lee/Corp/Enron@Enron, Clara Carrington/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT cc: Jonathan Le/HOU/ECT@ECT, Tim Abasov/HOU/ECT@ECT Subject: Government agencies Gary has gotten approval to use Governement Agencies as hedging vehicles. Per Ellen, they will use Fannie Mae, Freddie Mac, and Federal Home Loan Bank instruments. What do we need to do to trade, confirm and settle these instruments? We will get together at 4:30 today to discuss the changes required. Thanks. Sheila
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