Enron Mail

From:carol.clair@enron.com
To:mark.taylor@enron.com
Subject:sorema structure
Cc:seth.hurwitz@enron.com
Bcc:seth.hurwitz@enron.com
Date:Mon, 10 Jul 2000 07:47:00 -0700 (PDT)

Mark:
Who should handle this? Given my situation, I would prefer not to take this
on and I have talked to Seth about my situation. Please let me know what you
think. Would this be something that Lou Stoler would work on with our help?
Carol
----- Forwarded by Carol St Clair/HOU/ECT on 07/10/2000 02:45 PM -----

Seth Hurwitz@ENRON
07/06/2000 12:11 PM

To: Carol St Clair/HOU/ECT@ECT
cc:
Subject: sorema structure

Carol, I'd like to speak with you regarding the following structure proposed
by Sorema, which address the fact that they can't sell/buy derivatives and
can't reinsure any contract governed by NY law. The credit issue
remains--they propose solving it by means of an assignment clause.

Sorema did six deals with us last year using Palladium.

Seth
x37487
---------------------- Forwarded by Seth Hurwitz/Corp/Enron on 07/06/2000
12:12 PM ---------------------------


inouar@soremagrp.com on 07/06/2000 10:29:19 AM
To: seth.hurwitz@enron.com
cc:

Subject: sorema structure




PLease find attached an explanation of the structure we are looking at.

Idriss.

(See attached file: Weather Derivatives Reinsurance.doc)

- Weather Derivatives Reinsurance.doc