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Enron Mail |
I am not sure we have any rights to take any action. Given our overall
investment (debt and equity), I would recommend we hold tight. Let's follow up with Lisa and John on a regular basis to insure we are on top of the issue. Thanks, Bill Jason R Williams@ENRON 12/01/2000 04:30 PM To: William S Bradford/HOU/ECT@ECT cc: Subject: Update on Heartland Steel Bill - I talked to John Enerson about Heartland Steel, and he tells me that things are OK with respect to their payments on delivered gas. Heartland has paid Enron for all of its physical delivered gas, and we now have them on pre-payment for future gas delivery. The MTM exposure is another issue, of course. Enerson thinks that Heartland will have to cease operations within the next 2-3 weeks. Do we need to take any action with respect to the MTM exposure position??? JRW
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