Message-ID: <13434092.1075862276739.JavaMail.evans@thyme>
Date: Tue, 6 Nov 2001 06:47:09 -0800 (PST)
From: rod.hayslett@enron.com
To: a..howard@enron.com, tracy.geaccone@enron.com
Subject: RE: Transwestern Fair Value
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There is no fair value.

 -----Original Message-----
From: 	Howard, Kevin A.  
Sent:	Tuesday, November 06, 2001 7:16 AM
To:	Hayslett, Rod; Geaccone, Tracy
Subject:	Transwestern Fair Value

Tracy / Rod:

How much is TPC's current Fair Value balance?  The banks want to exclude "goodwill" from the tangible net worth computation - I realize goodwill and fair value are slightly different but they could make the argument to exclude.  I seem to recall a $300MM number.