FYI

 -----Original Message-----
From:  Burns, Jennifer  
Sent: Thursday, June 21, 2001 9:41 AM
To: Shankman, Jeffrey A.
Subject: FW: Final 6/19/01 Global Products Notification

FYI

 -----Original Message-----
From:  Abel, Chris  
Sent: Thursday, June  21, 2001 9:38 AM
To: Burns, Jennifer
Cc: Wilson, Shona
Subject: RE: Final 6/19/01 Global Products Notification

Jennifer,  Jeff has a good point here.  I have added his comments to the 
memo.  Please ask him to sign the revised memo and forward it to me.

Thanks,
Chris


----- Forwarded by Chris Abel/HOU/ECT on 06/21/2001 09:25 AM -----


	Jeffrey A Shankman/ENRON@enronXgate <mailto:Shankman/ENRON@enronXgate> 
06/21/2001 09:11 AM 	   To: Chris Abel/HOU/ECT@ECT <mailto:Abel/HOU/ECT@ECT>, 
Rick Buy/ENRON@enronXgate <mailto:Buy/ENRON@enronXgate>, John L 
Nowlan/ENRON@enronXgate <mailto:Nowlan/ENRON@enronXgate>, Ted Murphy 
ii/Enron@EUEnronXGate <mailto:ii/Enron@EUEnronXGate>, David 
Port/ENRON@enronXgate <mailto:Port/ENRON@enronXgate>, Cassandra 
Schultz/ENRON@enronXgate <mailto:Schultz/ENRON@enronXgate>, Greg 
Whalley/HOU/ECT@ECT <mailto:Whalley/HOU/ECT@ECT>  cc: Beth 
Apollo/ENRON@enronXgate <mailto:Apollo/ENRON@enronXgate>, Shona 
Wilson/NA/Enron@Enron <mailto:Wilson/NA/Enron@Enron>, Kenneth 
Thibodeaux/ENRON@enronXgate <mailto:Thibodeaux/ENRON@enronXgate>, Brent A 
Price/ENRON@enronXgate <mailto:Price/ENRON@enronXgate>, D Todd 
Hall/ENRON@enronXgate <mailto:Hall/ENRON@enronXgate>, Jennifer 
Burns/ENRON@enronXgate <mailto:Burns/ENRON@enronXgate>, Araceli 
Romero/ENRON@enronXgate <mailto:Romero/ENRON@enronXgate>, Liz M 
Taylor/HOU/ECT@ECT <mailto:Taylor/HOU/ECT@ECT>, Cassi 
Wallace/Corp/Enron@Enron <mailto:Wallace/Corp/Enron@Enron>  Subject: RE: 
Final 6/19/01 Global Products Notification


In this Violation memo, you are taking out positive P&L associated to a nat 
gas posion in the LPG books which is a true hedge versus some long dated 
propane positions.  When you add back the hedge P&L I believe there is no 
violation.

Jeff

 -----Original Message-----
From:  Abel, Chris  
Sent: Wednesday, June 20, 2001 4:25 PM
To: Buy, Rick; Nowlan Jr., John L.; Murphy, Ted; Port, David; Schultz, 
Cassandra; Shankman, Jeffrey A.; Whalley, Greg
Cc: Apollo, Beth; Wilson, Shona; Thibodeaux, Kenneth; Price, Brent A.; Hall, 
D. Todd; Burns, Jennifer; Romero, Araceli; Taylor, Liz; Wallace, Cassi
Subject: Final 6/19/01 Global Products Notification

Attached is the Enron Global Markets Global Products Trading notification 
memo for  5 Day Cumulative Loss for June 19, 2001.  The Office of the 
Chairman for Enron Global Markets is responsible for printing out a hard copy 
of this memo, signing it and returning the hard copy to Chris Abel at 3155a, 
who will forward it to RAC to obtain their signature. 

Thank You


 << File: 6-19 Global Products 5 Day.doc >>