----- Forwarded by Tana Jones/HOU/ECT on 11/01/2000 08:21 AM -----

	Craig Young
	11/01/2000 08:05 AM
		
		 To: Tana Jones/HOU/ECT@ECT
		 cc: 
		 Subject: Re: ISDA

Kaiser is up $10 myn on swaps and we control physical prior to payment on a 
agent basis

Large Metals Account for us

Craig






From: Tana Jones on 11/01/2000 07:43 AM
To: Craig Young/NY/ECT@ECT
cc:  
Subject: Re: ISDA  

Just a note on Kaiser, the agreement we have in place has terrible credit, 
and Bill Bradford w/Credit refuses to trade under it.  We are in the process 
of replacing it with another.



	Craig Young
	11/01/2000 07:14 AM
		
		 To: Mark Taylor/HOU/ECT@ECT
		 cc: Craig Young/NY/ECT@ECT, Justin Boyd/LON/ECT@ECT, David P 
Tregar/EU/Enron@Enron, Marcelo Parra/NYC/MGUSA@MGUSA, 
tj.pimpinelli@mglondon.com, Tana Jones/HOU/ECT@ECT, Eric Gadd/LON/ECT@ECT
		 Subject: Re: ISDA

Mark --- Tana was very helpful. Thank you for your help moving this issue 
forwards.

We could use the following executed agreements:

Bethlehem  Steel
Kaiser
Alcoa
Tudor
U.S. Steel
Several Banks

You have about a dozen working agreements

Gen Electric/Honeywell/Allied Signal
Anheuser Busch
Bonneville 
Emerson Electric
Falconbridge
Ford
Harvard
Hydro Quebec
LTV 
Moore Capital
OK Tedi
Ormet
Phelps Dodge
Alcan
Trafigura

We can bring the following:

Catequil --- Fund/Old Tiger Team
Grupo Mexico/Southern Peru
Gen Motors
Vanalco
Coke
Pepsi
Ball
Crown Cork
Arco/BP
American National Can
BHP
Caxton-- Fund
Campbell -- Fund
Noranda
Perelli
Femsa -- Mexico 
Commonwealth
Aluar
Michigan Ave Partners
Century Alum
Toyota
Southwire
Wabash 

Justin ---- could you update us on legal structure, tax and regulation

Craig Young




From: Mark Taylor on 10/31/2000 06:30 PM
To: Craig Young/NY/ECT@ECT
cc:  
Subject: Re: ISDA  

Craig:

Sorry I couldn't get back to you earlier.  I  asked Tana Jones to get you 
access to our database that keeps track of financial master agreement 
negotiations so you will always be up to date on where we stand with the 
process.  If you haven't heard from her, please let me know.  Any word from 
Justin on which Enron entity we will use for trading in the U.S.?

Mark



	Craig Young
	10/31/2000 10:09 AM
		 
		 To: Mark Taylor/HOU/ECT@ECT, Justin Boyd/LON/ECT@ECT
		 cc: Craig Young/NY/ECT@ECT
		 Subject: ISDA

As a start could you advise if we have an ISDA with the following firms

Coke
Pepsi
Anheuser Busch
Gen Motors
Ford
Mercedes Benz
Steel Companies
Metal Companies
Container Companies
Hedgd Funds
Emerson Electric
Hydro Quebec
Bonneville 

Do we have a clearing house for global ISDA agreements?

Craig Young
212-715-2342