From: Jim Little on 01/09/2001 09:08 AM
To: Darron C Giron/HOU/ECT@ECT
cc:  
Subject: West Desk - Financial Liquidations for Physical Index Positions for 
December 2000


----- Forwarded by Jim Little/HOU/ECT on 01/09/2001 09:08 AM -----

	Anne Bike@ENRON
	01/04/2001 03:07 PM
		 
		 To: Frank Cernosek/HOU/ECT@ECT, John Valdes/HOU/ECT@ECT, Jim 
Pond/Corp/Enron@Enron, Darron C Giron/HOU/ECT@ECT, Jim Little/HOU/ECT@ECT, 
Troy Klussmann/HOU/ECT@ECT, Carla Nguyen/HOU/ECT@ECT
		 cc: 
		 Subject: West Desk - Financial Liquidations for Physical Index Positions for 
December 2000

Attached is the file containing details for the Financial Liquidations 
relating to Physical Index trades.  Thanks to Troy and Jim, we have 
eliminated the duplication of the intra-month transport liquidations in the 
daily P/L.  The Liquidations for transport that are included below are 
positions that must be rolled out of my intra-month book and into the FT-West 
P/L.  The offsetting liquidations should be coming through Chris Walker's 
Financial Liquidations Process.   We are still unable to provide support out 
of ERMS for the liquidations relating to transport.  I have included the 
values for all of the intra-month December Liquidations below.

Index 
Positions                                                                     
  $(2,534,426) Support attached
Intra-month Transport Options Spreads                            $(228,657) 
Transport Model - No Support - Offsetting value in FT-West
Intra-month Transport Demand Reimbursement                $73,582 Transport 
Model - No Support - Offsetting Value in FT-West

TOTAL Liquidations for December                                ($2,689,501)


Please let me know if you have any additional questions.  Thanks.

Anne Bike
x5-7735