Message-ID: <32625273.1075845548884.JavaMail.evans@thyme> Date: Tue, 23 Jan 2001 04:42:00 -0800 (PST) From: tim.belden@enron.com To: greg.whalley@enron.com, john.lavorato/corp/enron@enron.com Subject: Collateral with CalPX Cc: liz.taylor@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: liz.taylor@enron.com X-From: Tim Belden X-To: Greg Whalley, John J Lavorato/Corp/Enron X-cc: Liz Taylor X-bcc: X-Folder: \John_Lavorato_Oct2001\Notes Folders\Notes inbox X-Origin: LAVORATO-J X-FileName: jlavora.nsf George Sladoje 626-537-3136 Tim Belden 503-464-3820 (w) 503-701-5181 (c) CORE MARKET Current PX Security Requirement for the Core (Day Ahead and Day Of) Market <29,636,831>* EPMI Core Market Collateral 18,570,788 Margin Shifted from CTS (Block Forward) Market 11,500,000 Core Market Excess 433,957 BLOCK FORWARD MARKET Current PX Security Requirement for the CTS Block Forward Market <78,466,904>* EPMI Block Forward Market Collateral 128,790,000 Margin Shifted to Core Market <11,500,000> Block Forward Market Excess 38,823,096 TOTAL EXCESS 39,257,053 * Indicates the value comes from the PX web site The CFO of the PX has called for a freeze on all collateral. We don't know what tariff provision allows them to do this. I am working with attorneys to figure out what we can do to compel them to release our collateral. Good luck.