Last month we briefly discussed a $306,900 variance between the general 
ledger and the DPR for the management west book.; I took an action item to 
provide documentation of where I was seeing the value taken in the DPR back 
in January 2001.; Accordingly, the liquidation detail for post id 1026210 is 
in the attached file titled "MGMTWST_JAN_LIQ".; The issue is that it;appears 
Deal QO9203.1 erroneously liquidated in the month of January at a value of 
$306,900 when the deal has a March term date and valued correctly in the 
liquidations for that month (creating a duplicate liquidation for the same 
deal).; Please review the detail and let me know if you agree that the 
expense was taken in error by the management west book in Jan, or if I have 
picked up the incorrect post id, or if there is some other issue that I have 
missed.
;
The only other remaining variances for the management west book relate to 
Mirant Americas Energy Marketing.; I have been working with the financial 
settlements group to determine the variances between the liquidated value and 
the amount settled;;the "MGMTWST_MIRANT" file summarizes the differences.; 
Essentially, the liquidated value for 3 deals did not pick up the fixed price 
deduct values shown in TAGG, and one deal with a term date of November 2000 
through March 2001 did not ever liquidate.; The file has a summary page and 
then supporting worksheets for each deal listed.; 
;
The net effect, if you agree that the adjustments need to be made to the DPR, 
would be expense of $33,500 for the Mirant Americas Energy items and revenue 
of $306,900 for reversal of the January liquidation on deal QO9203.1
;
Please;call me on extension 5-4945 if you would like to discuss or if you 
need me to provide additional information.; 
;
Best regards,
;
Rachel
;
;