Message-ID: <2584255.1075858260819.JavaMail.evans@thyme> Date: Thu, 15 Feb 2001 04:18:00 -0800 (PST) From: phillip.love@enron.com To: david.eubanks@enron.com Subject: Re: PETRO CANADA - TAGG Q44721.1 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Phillip M Love X-To: David W Eubanks X-cc: X-bcc: X-Folder: \Phillip_Love_Jun2001\Notes Folders\All documents X-Origin: Love-P X-FileName: plove.nsf As is the case will all FT-Ontario deals done at a US point, the deal must flow physically from a US book eventhough the canadian trader gets the long term income/loss from the deal. This is a commercial decision that risk has to abide by. The OA group, specifically John Valdes has given Jim Little the deal numbers in the past that comprise this problem to eliminate repeat performances. This deal in question began in 11/00 and since you are doing december OA I would assume this one has not yet made the list. I suggest forwarding to Jim LIttle/John Valdes to eliminate future problems. Thanks. PL