Message-ID: <28911805.1075844560533.JavaMail.evans@thyme>
Date: Thu, 3 Aug 2000 08:17:00 -0700 (PDT)
From: sara.shackleton@enron.com
To: clint.freeland@enron.com
Subject: meeting with Bob Baird
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Clint:  after the meeting, Jim advised me that the ENE board resolution will 
be drafted for the Oct. meeting.  In the interim, he is convinced that only 
Enron Corp. should be a swap party to these equity swaps, forwards, etc.  I 
am going to speak with Rod Nelson (credit) and make some changes to our 
approach.  This should also make life easier negotiating with Lehman and Bear 
(from a credit perspecttive) but we'll reach an obvious stalemate when they 
ask for an Enron Corp. resolution (forthcoming after the relevant board 
meeting.  Sara