FUNB sits stalled on my desk waiting for me to have time to work on it.  We 
are in the miiddle of a rush with Financial Power counterparties in need 
immediate assistance (many of them govt'ls which are demanding my attention) 
and structured financing w/swaps in the middle and I'm just putting out 
fires.  That master is really not a priority at all for ENA, and it is only 
Enron.Credit.com wanting to mirror it that is giving it any priority.  What 
is your proposed timing for a deal on that one?



	Clare.Godson@AllenOvery.com
	09/22/2000 10:26 AM
		 
		 To: tana.jones@enron.com
		 cc: 
		 Subject: First Union National Bank (FUNB) ISDA Master Agreements


Tanna,

Thanks for your help on the Goldman Sachs and Deutsche negotiations.  If you
could keep me posted on the timing of the Deutsche agreements being put in
place that would be really helpful.  I also have another quick request and
that relates to the ISDA Master Agreement with FUNB.  I have spoken to
Delene Travella at FUNB.  They are negotiating an ECTRIC Schedule with you
in Houston which they want to finalise before commencing EnronCredit.com's
negotiation.  Can you give me an update on where this negotiation stands and
how long before it is likely to be finalised?

Many thanks,

Clare Godson


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