Message-ID: <20861799.1075843076662.JavaMail.evans@thyme> Date: Mon, 23 Oct 2000 08:45:00 -0700 (PDT) From: roger.yang@enron.com To: mona.petrochko@enron.com, jeff.dasovich@enron.com, susan.mara@enron.com, marcie.milner@enron.com, harry.kingerski@enron.com, paul.kaufman@enron.com Subject: Securitization Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Roger Yang X-To: Mona L Petrochko, Jeff Dasovich, Susan J Mara, Marcie Milner, Harry Kingerski, Paul Kaufman X-cc: X-bcc: X-Folder: \Jeff_Dasovich_Dec2000\Notes Folders\California crisis X-Origin: DASOVICH-J X-FileName: jdasovic.nsf Attached is a useful presentation on Securitazation. We may want to propose this approach when the utility's CTC recovery period is shorter than we would prefer. A utility may propose a shorter period due to cash flow and bond rating reasons; whereas, we might had taken a view of a longer recovery period in our curves. Securitization might be the perfect win-win solution. If you would like a presentation on Securitization, please contact Jaime Araoz. Roger ---------------------- Forwarded by Roger Yang/SFO/EES on 10/23/2000 01:33 PM --------------------------- Enron Energy Services From: Jaime Araoz 10/23/2000 07:59 AM To: Roger Yang/SFO/EES@EES cc: Subject: Securitization Roger, Here i'm attaching the presentation about securitization for you to use it as you wish. If you want me to present this to someone or to talk about it again please give me a call. Best, Jaime