Sara:  This would be for industrials, not munis.

C


From: Sara Shackleton on 12/11/2000 09:27 AM CST
To: Chris H Foster/HOU/ECT@ECT
cc:  
Subject: Draft ISDA

Chris:

Please call me and let's discuss.  My hesitancy comes from the big difference 
in the ISDA for general corporates and GOVERNMENTALS (which you know are 
treated differently).  

Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 12/11/2000 09:25 AM -----

	Chris H Foster
	12/07/2000 06:38 PM
		 
		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: 
		 Subject: Draft ISDA

Sara:  

There is more and more interest amongst our custoemrs in the West in looking 
at Swaps.  I want to be able to show them how the ISA contract fits together 
with the credit support annex and confirmation letter.  I have built a pro 
forma Cofirrm based on the SoCal Water deal you worked on with me.  Can you 
make a pro forma master and credit support annex so we can fax or e-mail 
these to potential clients so we can try to get their interest and encourage 
them to get contracts and credit in place with us?  I know you are hesitant 
to do this, but it would help our marketing significantly.

Thanks

Chris

Ca