re : generation investments meeting extreme tardiness we have a verbal okay from el paso to go to the insurance wrappers and get structure / pricing . the insitituions will then pitch this back to us both ( el paso and enron ) for a decision . once the decision is made , the process should be fairly swift .
as a back up plan , joe asked the institutions to have the insurers look at a wrap without fixing the confidentiality / guarantee and using an enron to fill any potential holes . we ' ll then be able to balance timing vs proceeds vs legal risk .
chuck
- - - - - original message - - - - -
from : kitchen , louise
sent : tuesday , september 04 , 2001 1 : 03 pm
to : ward , charles
subject : re : generation investments meeting extreme tardiness
don ' t we still need the approval of el paso ?
- - - - - original message - - - - -
from : ward , charles
sent : tuesday , september 04 , 2001 1 : 02 pm
to : kitchen , louise
subject : re : generation investments meeting extreme tardiness
trying to get to the insurance wrappers now .
- - - - - original message - - - - -
from : kitchen , louise
sent : tuesday , september 04 , 2001 12 : 18 pm
to : ward , charles
cc : duran , w . david ; deffner , joseph
subject : re : generation investments meeting extreme tardiness
no worries - we really really need east coast power this quarter
- - - - - original message - - - - -
from : ward , charles
sent : tuesday , september 04 , 2001 11 : 20 am
to : kitchen , louise
cc : duran , w . david ; deffner , joseph
subject : generation investments meeting extreme tardiness
i have been working with lehman and bofa this morning in an attempt to get a letter by close of business today so as to be in front of the insurance wrappers this week .
cornhusker on track . ultimate ( or perhaps penultimate ) meeting on transaction docs this afternoon .
chuck
re : generation investments meeting extreme tardiness
we have a verbal okay from el paso to go to the insurance wrappers and get structure / pricing . the insitituions will then pitch this back to us both ( el paso and enron ) for a decision . once the decision is made , the process should be fairly swift .
as a back up plan , joe asked the institutions to have the insurers look at a wrap without fixing the confidentiality / guarantee and using an enron to fill any potential holes . we ' ll then be able to balance timing vs proceeds vs legal risk .
chuck
- - - - - original message - - - - -
from : kitchen , louise
sent : tuesday , september 04 , 2001 1 : 03 pm
to : ward , charles
subject : re : generation investments meeting extreme tardiness
don ' t we still need the approval of el paso ?
- - - - - original message - - - - -
from : ward , charles
sent : tuesday , september 04 , 2001 1 : 02 pm
to : kitchen , louise
subject : re : generation investments meeting extreme tardiness
trying to get to the insurance wrappers now .
- - - - - original message - - - - -
from : kitchen , louise
sent : tuesday , september 04 , 2001 12 : 18 pm
to : ward , charles
cc : duran , w . david ; deffner , joseph
subject : re : generation investments meeting extreme tardiness
no worries - we really really need east coast power this quarter
- - - - - original message - - - - -
from : ward , charles
sent : tuesday , september 04 , 2001 11 : 20 am
to : kitchen , louise
cc : duran , w . david ; deffner , joseph
subject : generation investments meeting extreme tardiness
i have been working with lehman and bofa this morning in an attempt to get a letter by close of business today so as to be in front of the insurance wrappers this week .
cornhusker on track . ultimate ( or perhaps penultimate ) meeting on transaction docs this afternoon .
chuck