I'm disappointed that GE didn't call.  Must not have wanted to take the Enron credit risk.

I think we will also need to report it to the merger legal team, which I will take care of once we know what is up.

Kay

 -----Original Message-----
From: 	Jacoby, Ben  
Sent:	Wednesday, November 14, 2001 5:58 PM
To:	Mann, Kay; Booth, Chris; Clark, Catherine
Subject:	Northwestern

Mike Young from NW called to advise me that they received GE's consent. NW plans to send us notice of this tomorrow. I believe this will trigger our obligation to pay NW the balance of payments we hold, discounted at 7.5 % p.a. I believe this means that we will need to pay NW $5.1 million of the $5.2 million we have been prepaid.

Let's talk about this in the AM.