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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
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