authorised traders montreal chicago business model origination trading outfit salesperson talks customer customer agrees trade salesperson phones trading desk gets price trading desk london ny nb lines taped salesperson tell customer customers says ok salesperson says done customer trading desk trading desk books deal middle back office processes kicks sends chases confirm etc accounting process identifies value added salesperson gives piece price credit bank accounts signing authority sales office accountants middle office people similar humans sales office sales people hedging risk taking resident trading books ny london make work dp bjorn hagelmann hou ect ect cc sally beck hou ect ect ted murphy hou ect ect shona wilson na enron enron david port market risk corp enron enron mike jordan lon ect ect robert soeldner lon ect ect tim poullain patterson lon ect ect subject authorised traders montreal chicago bjorn discussed given joe comments note confirm dealt internally rob soeldner made clear joe enron places great importance trading controls non negotiatable suggested course action option seeking close agency offices given implemetation controls joe yet rob discussing us gets note joe commercial side marcelo parra responsible operational side fully onboard operational changes made regards andy forwarded andrew cornfield lon ect 09 11 2000 11 07 joe robertson mgusa 08 11 2000 20 38 tim poullain patterson lon ect ect cc andrew cornfield lon ect ect lloyd fleming lon ect ect marcelo parra nyc mgusa mgusa michael farmer eu enron enron ect naomi connell lon ect ect robert soeldner lon ect ect sam hainsworth eu enron enron ect subject authorized traders montreal chicago practical matter procedures outlined workable need find way go forward works satisfy concerned either people offices entrusted transact execute business consider closing offices relocating people believe makes sense joseph e robertson jr enron metals commodity corp 520 madison avenue 28 th floor new york ny 10022 tel 212 715 5254 fax 212 715 2357 e mail joe robertson enron com