Thanks, I'll keep in mind. Its unfortunate we have to develop expertise in this area. Rick

 -----Original Message-----
From: 	Higgins, Diana  
Sent:	Friday, October 05, 2001 6:32 AM
To:	Buy, Rick
Subject:	FW: New Legal Team to Assist RAC


Hi Rick,
If any help is required I have a few tangible "real life" examples of distressed, defaults, and credit watch cases in Metals and I can add value to the group.
Regards,

Diana
 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON [mailto:IMCEANOTES-Enron+20Announcements_Corp_Enron+40ENRON@ENRON.com]  On Behalf Of Rick Buy and Mark Haedicke@ENRON
Sent:	05 October 2001 06:03
To:	All Enron Worldwide Special@ENRON
Subject:	New Legal Team to Assist RAC

	In order to bring better legal coordination and standardization to Enron's Risk Assessment and Control (RAC) group, we have formed a new legal group, which will initially include Lisa Mellencamp (Finance), Marcus Nettelton (Power Trading), Carol St. Clair (Broadband/Power Trading), Mary Cook (Financial Swaps), Peter Keohane (Canada), Ed Essandoh (Retail), Paul Darmitzel (Retail) and Elizabeth Sager (Power Trading) (Team Leader).  This group will focus on, among other things, managing Enron's exposures with bankrupt counterparties, working out credit solutions with distressed counterparties and standardizing our overall credit practices.  The initial members in this group have been drawn from Enron's numerous legal groups in order to gain a broader perspective.   Each of these members will provide support to this new group in addition to their current responsibilities.

	Within RAC, Michael Tribolet will focus on distressed counterparties, in conjunction with Bill Bradford, who continues to manage the Credit Risk Management group.    

	Please join us in supporting the efforts of this new group.