Enron Mail

From:stephanie.panus@enron.com
To:sara.shackleton@enron.com
Subject:Merrill Lynch
Cc:
Bcc:
Date:Mon, 11 Dec 2000 01:02:00 -0800 (PST)

---------------------- Forwarded by Stephanie Panus/NA/Enron on 12/11/2000
09:02 AM ---------------------------


Stephanie Panus
11/30/2000 10:40 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:

Subject: Merrill Lynch

Sara -

Jay Williams has been discussing the new Merrill Lynch guaranty (for FX
trading) with Merrill Lynch. They originally requested an unlimited
guaranty. Per Jay, our current exposure is $500 million, and they are asking
for a guaranty of $400 million notional amount. I don't know if this is
something you need to get involved in to resolve the guaranty issues.

Thanks.