---------------------- Forwarded by Richard B Sanders/HOU/ECT on 11/15/99 
04:57 PM ---------------------------


SHoward@milbank.com on 11/07/99 10:36:31 PM
To: Richard B Sanders/HOU/ECT@ECT
cc:  
Subject: Legg Mason



Maybe we should NOT remove this case to federal court.  If we do, the other
defendants may try to transfer it to another federal court for consolidation
or coordination with other NSM cases.  We are probably better off staying
out of those cases.



Steve Howard
Milbank, Tweed, Hadley & McCloy LLP
showard@milbank.com
213-892-4478; 213-892-4748 (fax)



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