Message-ID: <32885718.1075840149428.JavaMail.evans@thyme> Date: Mon, 16 Apr 2001 12:25:00 -0700 (PDT) From: andrew.fastow@enron.com To: jeff.skilling@enron.com Subject: FW: Monday Meeting Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Andrew S Fastow X-To: Jeff Skilling X-cc: X-bcc: X-Folder: \jskillin\Inbox X-Origin: SKILLING-J X-FileName: jskillin.pst Jeff: I'm sure this is just a "misunderstanding", but I know that UBS Capital has spent innumerable hours with management. While Mark says that he doesn't want LJM to have an advantage, it looks like LJM is being put at a disadvantage. You would think that Cliff and Mark would welcome a new bidder with open arms after failing to sell this business for 2+ years. Until this is resolved, I'll assume that LJM is out of the bidding and will not do any further work. Enron is back to one bidder (the lower one) -- better for our company ??? Andy -----Original Message----- From: Umanoff, Adam Sent: Monday, April 16, 2001 1:58 AM To: Fastow, Andrew S. Subject: Monday Meeting Andy - Mark Metts called tonight and has asked me not to meet with you in Houston tomorrow. His stated concern is over disparate/more favorable treatment of you (LJM) as opposed to other bidders for EWC. As we have discussed, while I am very interested in an LJM financed MBO, at this stage I need you to sort out any process issues with Cliff/Mark and/or Jeff. Let's meet as soon as that gets worked out. In the meantime, I won't travel to Houston Monday but will call to chat. Thanks. Adam