|
|
Enron Mail |
Wendy,
This was originally handled by Shari Stack. Please advise. Thanks, Genia ----- Forwarded by Genia FitzGerald/HOU/ECT on 05/31/2001 09:41 AM ----- Carol St Clair 05/31/2001 08:52 AM To: Wendy Conwell/ENRON@enronXgate@ENRON cc: Genia FitzGerald/HOU/ECT@ECT Subject: RE: EPMI/Morgan Consent to assignment Wendy: Looks like we sent them a draft EEI Cover Sheet earlier this year. Genia, Can you e-mail that draft to Wendy? Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com Wendy Conwell/ENRON@enronXgate 05/30/2001 05:02 PM To: Carol St Clair/HOU/ECT@ECT cc: Tracy Ngo/ENRON@enronXgate, Edward Sacks/ENRON@enronXgate Subject: RE: EPMI/Morgan Consent to assignment Carol, I think we would like to push for an EEI with Morgan. I will send up a credit worksheet ASAP. Wendy -----Original Message----- From: St Clair, Carol Sent: Wednesday, May 30, 2001 4:31 PM To: Conwell, Wendy Subject: RE: EPMI/Morgan Consent to assignment Wendy: Thanks. Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com Wendy Conwell/ENRON@enronXgate 05/30/2001 04:22 PM To: Carol St Clair/HOU/ECT@ECT cc: Rhonda L Denton/HOU/ECT@ECT, Tracy Ngo/ENRON@enronXgate, Edward Sacks/ENRON@enronXgate, Paul Radous/ENRON@enronXgate Subject: RE: EPMI/Morgan Consent to assignment Carol, I read the assignment and reviewed our positions with Morgan and Merchant Energy Group of America ("MEGA"). Credit is fine with the assignment. However, as a result of MEGA assigning its trades to Morgan, our mark-to-market exposure to Morgan increases by approximately $27.8mm over the next 18 months. Although we have agreed to post margin to each other in the past, our current Master Energy Purchase and Sale Agreement with Morgan does not have any STATED provisions for margining. Consequently, we would like to amend the agreement to include collateral thresholds for both Enron and Morgan. I will discuss this issue with Ed and get back to you. Thanks, Wendy -----Original Message----- From: St Clair, Carol Sent: Tuesday, May 29, 2001 10:08 AM To: Conwell, Wendy Cc: Denton, Rhonda Subject: EPMI/Morgan Consent to assignment Wendy: Have you had a chance to take a look at this and if so, do you have any credit issues with this assignment? Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com
|