the 14 mm loss was due to a booking mistake that could not be corrected before the books were posted and is being corrected tonight




Chris Abel
04/16/2001 01:08 PM
To:	Mike Grigsby/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
cc:	Frank Hayden/Enron@EnronXGate, Kenneth Thibodeaux/Enron@EnronXGate, Shona Wilson/NA/Enron@Enron 
Subject:	Loss Limit Notification for April 11th and 12th

Mike, can you please provide an explanation for the $71mm loss on the 11th and the $31mm loss on the 12th, for reporting purposes?

John, can you please provide an explanation for the $14mm loss on the 12th, for reporting purposes?

Thanks,

Chris Abel
Manager, Risk Controls and Consolidated Risk Reporting