Enron Mail

From:sara.shackleton@enron.com
To:mark.taylor@enron.com, mark.greenberg@enron.com
Subject:Re: Hedge Fund and CTA list
Cc:
Bcc:
Date:Fri, 26 Jan 2001 00:46:00 -0800 (PST)

Mark and Mark:

Per is continuing to pursue hedge funds offline and called me yesterday about
EOL hedge fund trading. Credit referred me to Mark's earlier message
addressing the issues. As you can see, Per will want to meet next week to
discuss.

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
----- Forwarded by Sara Shackleton/HOU/ECT on 01/26/2001 08:43 AM -----

Per Sekse
01/26/2001 08:30 AM

To: Sara Shackleton/HOU/ECT@ECT
cc: Caroline Abramo/Corp/Enron@Enron
Subject: Re: Hedge Fund and CTA list

Thanks Sara. I don't remember seeing some of this so the full background was
helpful. As we discussed, it appears that the reluctants to trade online was
not in the context of full ISDA docs, due dil, etc that we have done to trade
with the hedge funds we currently talk to. I'll give some thought to this
and talk to Caroline. More than likely we'll need to have a meeting in
Houston with credit and legal to discuss not if but how to set up hedge funds
on EOL. Trading with them is a business decision we made already, executing
online seems to be a a logical extension and doesn't add any further legal
risk, just monitoring issues.

I'm in Houston next week. If you're avaiable and Mark has time on his
schedule, lets get together.

Per