Sara, I confirmed with Mike Bruegel  that he will be opening the account for 
us and has understood this since Tom Doukas and I addressed this issue 
yesterday.  I will edit your lotus notes entry to reflect this correction.

Also, he asked me whether I knew what documents have to accompany the 
agreement.  I told him yes, since I do this all the time.  I have in my 
electronic file folder the blank account form and tax form.  If you would 
like for me to send electronic copes to you if you do not have copies then 
let me know.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
----- Forwarded by Cheryl Nelson/NA/Enron on 03/30/2001 04:13 PM -----

	Tom Doukas
	03/29/2001 03:46 PM
		
		 To: Cheryl Nelson/NA/Enron@Enron
		 cc: 
		 Subject: Re: BEAR Guarantee letter

Mike Bruegel in Chicago.


03/29/2001 03:41 PM
Cheryl Nelson
Cheryl Nelson
Cheryl Nelson
03/29/2001 03:41 PM
03/29/2001 03:41 PM
Sent by: Cheryl Nelson
To: Tom Doukas/NA/Enron@ENRON
cc:  

Subject: Re: BEAR Guarantee letter  

Tom, I left message addressing these concerns with Anna Meytina, their 
lawyer.  Who is your contact?

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693



	Tom Doukas
	03/29/2001 03:34 PM
		
		 To: Cheryl Nelson/NA/Enron@Enron
		 cc: David A Wall/Risk Mgmt/LON/ECT@ECT, Richard Sage/LON/ECT@ECT, Sara 
Shackleton/HOU/ECT@ECT, Sheila Glover/HOU/ECT@ECT
		 Subject: Re: BEAR Guarantee letter

That is wonderful.  However my Prime Broker contact at Bear has still not 
been advised of the pending changes.  It would seem to me it will still take 
time for Bear to make the adjustment to the account.

This will likely delay getting the margin relief we so desperately need.

Could you please confirm that they are ready to fully enact the agreement and 
lower the margin requirements as of tomorrow?

Thanks,

Tom


03/29/2001 02:53 PM
Cheryl Nelson
Cheryl Nelson
Cheryl Nelson
03/29/2001 02:53 PM
03/29/2001 02:53 PM
Sent by: Cheryl Nelson
To: Tom Doukas/NA/Enron@ENRON
cc: David A Wall/Risk Mgmt/LON/ECT@ECT, Richard Sage/LON/ECT@ECT, Sara 
Shackleton/HOU/ECT@ECT, Sheila Glover/HOU/ECT@ECT 

Subject: Re: BEAR Guarantee letter  

The Agreements will be ready first thing in the morning for signatures.  
Final edits are being completed by Bear Stearns; all the negotiating is done.


Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693