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Enron Mail |
Sara-
I propose the following steps to get through the final hurdle and be able to wrap up this Sisyphusian exercise. I would like to have sample Equity Forward contracts amended for our registration language and any other items that you feel should be changed generated for ML, CSFB, BS (you can leave out the trade details). You can take their sample confirmations and change them. I will then take the confirmations to Ryan Siurek and have him check the settlement language to make sure that they meet the new accounting guidelines. We can incorporate Ryan's changes and then send the samples to the appropriate Investment Bank for their comments. If everything checks out, we can then fill in the commercial terms for all the forwards completed to date. I thinkthat this would simplify the whole process as we focus on 3 confimation templates and not the many different trades with the various banks. Call me to discuss any change to my plan. Thanks J
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