Message-ID: <19398082.1075861642465.JavaMail.evans@thyme> Date: Wed, 14 Nov 2001 12:50:26 -0800 (PST) From: vicki.sharp@enron.com To: rogers.herndon@enron.com, m..wood@enron.com, mike.smith@enron.com, james.keller@enron.com Subject: Re: Bond Requirement Cc: gloria.ogenyi@enron.com, mary.grisaffi@enron.com, d..steffes@enron.com, harry.kingerski@enron.com, denise.furey@enron.com, jeff.richter@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: gloria.ogenyi@enron.com, mary.grisaffi@enron.com, d..steffes@enron.com, harry.kingerski@enron.com, denise.furey@enron.com, jeff.richter@enron.com X-From: Sharp, Vicki X-To: Herndon, Rogers , Wood, James M. , Smith, Mike , Keller, James X-cc: Ogenyi, Gloria , Grisaffi, Mary , Steffes, James D. , Kingerski, Harry , Furey, Denise , Richter, Jeff X-bcc: X-Folder: \JSTEFFE (Non-Privileged)\Steffes, James D.\Security / Collateral X-Origin: Steffes-J X-FileName: JSTEFFE (Non-Privileged).pst Please be sure to copy Jim Wood on all correspondence relating to bonds- from a product management standpoint, I think Jim needs to be aware of these issues as failure to maintain bonds will significantly impact our business. . I still think that we would want to have a single person responsible for reporting all potential situations that may cause a default /bad pr situation and notify the EES office of the chairman in a manner that would allow plenty of opportunity to cure ( i.e., before it is a crisis). Gloria and Denise, will you take that on? From: Rogers Herndon/ENRON@enronXgate on 11/14/2001 02:44 PM To: Gloria Ogenyi/ENRON@enronXgate cc: Mary Grisaffi/ENRON@enronXgate, James D Steffes/ENRON@enronXgate, Harry Kingerski/ENRON@enronXgate, Denise Furey/ENRON@enronXgate, Jeff Richter/ENRON@enronXgate, Vicki Sharp/HOU/EES@EES Subject: Bond Requirement Gloria - Could you please help us gather the facts on what the $12 MM Surety Bond currently being requested (#6131506) is for - is this PG&E?. Mary informed me that funds ($36,000) may not be available, is this correct? It is my understanding that Credit, Services and Regulatory will be monitoring and processing bond requirements. As such, I would like to know how this would impact EES' business and definitely want to be aware of any default situation prior to reading about it in the press. Thanks, Rogers