
Date: Wed, 6 Dec 2000 23:33:00 -0800 (PST)
From: william.bradford@enron.com
To: elizabeth.sager@enron.com, shari.stack@enron.com, christian.yoder@enron.com
Subject: Margin Agreements
Cc: tracy.ngo@enron.com
Bcc: tracy.ngo@enron.com

This is a proposed margin agreement from Pacificorp.  We are out of the money
over $250mm and they are getting nervous.  Tracy and I are trying to get them
to sign an EEI but they are dragging their feet.  Let's discuss a strategy
for moving forward.

If this agreement is not bad from a legal perspective than I am okay with
moving forward with some changes to the credit levels.  However, if it is not
acceptable we should put pressure on them to sign an EEI.

Let's discuss.
Bill


