That's "Tana".

Ed
---------------------- Forwarded by Edmund Cooper/LON/ECT on 18/08/2000 22:57 
---------------------------
   
	Enron Capital & Trade Resources Corp.
	
	From:  Clare.Godson@AllenOvery.com                           18/08/2000 14:46
	

To: Denis.O'Connell@enron.com
cc: Edmund.Cooper@enron.com 

Subject: Re: ISDA with First Union National Bank




Delene Travella at FUNB said she was dealing with Tanna (spelling?) Jones
in Houston.  Thanks for your help on this.

Kind regards,

Clare





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Denis.O'Connell@enron.com
From:
18/08/2000 11:44

Memo
From:
Priority:



 To:     Clare Godson

 cc:     Edmund.Cooper, Denis.O'Connell

 bcc:







 Subject Re: ISDA with First Union National Bank
 :




________________________________________





Clare - can you find out who they have been trying to negotiate the ENA
agreement w/.  This will be there primary CDS counterpaparty.  If you get
the name I will follow up - tks, Denis




 (Embedded     Enron Capital & Trade Resources Corp.
 image moved
 to file:      From:  Clare.Godson@AllenOvery.com
 pic27756.pcx) 17/08/2000 20:41






To:   Edmund.Cooper@enron.com, Denis.O'Connell@enron.com
cc:

Subject:  ISDA with First Union National Bank




Edmund/Denis,

Was wondering whether we had had any progress with First Union National
Bank (see me e-mails below).

Many thanks.  Kind regards,

Clare
---------------------- Forwarded by Clare Godson/London/Allen & Overy on
17/08/2000 19:41 ---------------------------

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Clare Godson
From:
20/07/2000 18:05

Memo
From:
Priority:



 To:     edmund.cooper

 cc:

 bcc:







 Subject ISDA with First Union National Bank
 :




________________________________________

Edmund,

I wondered whether you had been able to make any progress internally with
the issues I raised in my e-mail of 13th July (attached below).  If I can
be of help by speaking to anyone in Houston directly please let me know.

Many thanks,

Clare
---------------------- Forwarded by Clare Godson/London/Allen & Overy on
20/07/2000 18:01 ---------------------------


Clare Godson
From:
13/07/2000 17:51:29
Reply
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Priority:


 To:     Edmund.Cooper

 cc:     Denis.O'Connell, James Clarry

 bcc:



________________________________________

Edmund,

I was hoping you might be able to assist me in relation to the ISDA we are
negotiating with First Union National Bank (FUNB).  I have spoken to Delene
Travella at FUNB and the position is as follows:

1. FUNB only have one outstanding trade (a Credit default swap) which was
entered into recently.  This is with Enron North America Corp.  The
confirmation was sent by Elaine Bannerman-Sowah at Enron.

2. FUNB have been negotiating an ISDA over the last year with Tanna  (sp?)
Jones in Houston but progress has been slow (I understand they have had had
difficulties getting comments from Houston).  The counterparty for this
negotiation is Enron Capital & Trade Resources Corp.

They want to finalise the terms of the ECTRIC negotiation before commencing
on a negotiation for EnronCredit.com and as there is an outstanding trade
with Enron North America Corp they would prefer to put an ISDA in place
with them before negotiating EnronCredit.com.  They are not aware that
there is any pending business with EnronCredit.com.

Would you be able to confirm what the position is regarding the masters
that should now be being negotiated and perhaps if we could try and push
Houston to expedite the outstanding negotiation from Houston we could move
on to the EnronCredit.com negotiation more rapidly?  They are not really
prepared to consider the drafts until the position is clarified.  Let me
know if I can be of assistance by speaking to anyone directly regarding
this.  I am out of the office from today until next Thursday but James
Clarry would be able to help in my absence.

Many thanks,

Clare






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