Message-ID: <13180674.1075842507360.JavaMail.evans@thyme> Date: Tue, 5 Dec 2000 09:05:00 -0800 (PST) From: drew.fossum@enron.com To: martha.benner@enron.com Subject: Re: ETS risk management policy revisions Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Drew Fossum X-To: Martha Benner X-cc: X-bcc: X-Folder: \Drew_Fossum_Dec2000_June2001_1\Notes Folders\Sent X-Origin: FOSSUM-D X-FileName: dfossum.nsf pls print for my mtg tomorrow. thanks df ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 12/05/2000 05:02 PM --------------------------- From: Dan Fancler 12/05/2000 04:17 PM To: Dan Fancler/ET&S/Enron@Enron cc: Drew Fossum@ENRON, Tony Pryor/ET&S/Enron@ENRON, Jerry Peters/NPNG/Enron@ENRON, Lee Ferrell/ET&S/Enron@Enron, Bob Chandler/ET&S/Enron@Enron Subject: Re: ETS risk management policy revisions Tony Pryor recommended that I put back into the policy section II A &B so that at our meeting tomorrow at 10:00 A.M. we can discuss them. Please use this copy of the draft dated 12/5/00 to discuss from tomorrow. From: Dan Fancler 12/01/2000 11:28 AM To: Drew Fossum@ENRON, Tony Pryor/ET&S/Enron@ENRON, Jerry Peters/NPNG/Enron@ENRON, Lee Ferrell/ET&S/Enron@Enron cc: Bob Chandler/ET&S/Enron@Enron Subject: ETS risk management policy revisions I have included Drew's recommendations and have amended the 11/6/2000 drafts of the ETS Risk Policy and Risk Procedure. The significant change made was to take out references to Hedging and Non-Hedging Transactions (II A. & B. have been taken out). We will just call them all Derivative Transactions. I would like Tony Pryor to arrange a meeting with all parties to move these documents forward, an alternative is to continue to use the Corporate Risk Management Policy and just set the trading limits as part of the Corporate Policy. Cassandra Schultz in RAC has not responded to the policy and I plan to follow-up with her after we meet to discuss. Dan