Enron Mail

From:carol.clair@enron.com
To:caroline.abramo@enron.com
Subject:Re: AIG
Cc:frank.sayre@enron.com, sara.shackleton@enron.com
Bcc:frank.sayre@enron.com, sara.shackleton@enron.com
Date:Tue, 22 May 2001 02:21:00 -0700 (PDT)

Caroline,
The original AIG-Bermuda confirms that I did a few weeks ago that were sent
to them had the opinion attached. They have seen it because they commented
on it.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com



Caroline Abramo@ENRON
05/22/2001 07:37 AM

To: Carol St Clair/HOU/ECT@ECT
cc:
Subject: Re: AIG

They do not have the document yet.. do they need for the confirm??


Carol St Clair @ ECT 05/21/2001 06:00 PM

To: Caroline Abramo/Corp/Enron@ENRON
cc: Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul
Radous/Enron@EnronXGate, Sara Shackleton/HOU/ECT@ECT

Subject: Re: AIG

We need the Bermuda law legal opinion. What is the hold up?

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com



Caroline Abramo@ENRON
05/21/01 03:33 PM

To: Carol St Clair/HOU/ECT@ECT
cc: Paul Radous/Corp/Enron
Subject: AIG

Carol= Paul is OK with raising the cross default amount... can we get out
draft ISDAs to them???? AIG Commodity Arbitrage Ltd. and AIG Commodity Fund
L.P.

Thanks,
Caroline
---------------------- Forwarded by Caroline Abramo/Corp/Enron on 05/21/2001
04:29 PM ---------------------------
Carol St Clair @ ECT 05/10/2001 09:00 AM

To: Caroline Abramo/Corp/Enron@Enron
cc: Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brent
Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Paul
Radous/Enron@EnronXGate

Subject: AIG

Caroline:
I have received and reviewed their comments. On the legal front, they are
objecting to the Bermuda law opinion. We cannot do this without an opinion.
If we need to recommend Bermuda counsel to them we can. On the credit side,
for AIG Commodity Arbitrage Fund LP they want to increase the cross default
threshold from $1,500,000 to $2,500,000. Paul, are you okay with this? I am
okay with their other comments.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com