Message-ID: <19958566.1075842909607.JavaMail.evans@thyme> Date: Thu, 19 Apr 2001 03:24:00 -0700 (PDT) From: gerald.nemec@enron.com To: brant.reves@enron.com Subject: Re: PCS Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Gerald Nemec X-To: Brant Reves X-cc: X-bcc: X-Folder: \Gerald_Nemec_Dec2000_June2001_2\Notes Folders\Sent X-Origin: NEMEC-G X-FileName: gnemec.nsf Brant, We need to ask PCS Nitrogen if they are a wholly owned subsidiary of Potash. If they are not, then Canadian law may prohibit them from providing a guaranty for a less than wholly owned entity. I will provide you my comments to the documents shortly after lunch. Brant Reves/ENRON@enronXgate 04/19/2001 10:08 AM To: Gerald Nemec/HOU/ECT@ECT cc: Subject: PCS Gerald, Any update on that PCS guaranty review? Exposures are pushing past $20MM, a highly visible exposure. brant