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Enron Mail |
Another "unusual" thought (subject to usual MG concerns): Could we move the
NYMEX trades out of ENA's name and have the MG entity "own" the trades for itself as a clearing member thereby allowing MG to post 50% LCs on its own trades? MG would not be acting as our clearing broker but for their own account. Of course, we would have to verify that this would work and consider regulatory oversight issues. Mary Cordially, Mary Cook Enron North America Corp. 1400 Smith, 38th Floor, Legal Houston, Texas 77002-7361 (713) 345-7732 (phone) (713) 646-3490 (fax) mary.cook@enron.com
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