I would like the credit group to respond to the following:

1.  What person in credit is the initial contact for the preparation of 
credit worksheets for structured transactions?  How can we insure that the 
process will run smoothly?

2.  Can we (credit and legal) schedule a meeting with a trader to walk 
through the actual termination amout calculation process?

3.  With respect to L/C's, does credit review incoming L/C's for content?  If 
not, we need to establish a procedure?




Carol St Clair
09/09/99 09:05 AM
To: Shari Stack/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Mark - ECT Legal 
Taylor/HOU/ECT@ECT, Marie Heard/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Susan 
Flynn/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
cc:  
Subject: Credit Issues

Enclosed is a list of proposed credit issues to be discussed at our lunch on 
Monday.  I would like to send this to credit later today so if you want me to 
add anything, please let me know.
Carol