capital book process reaching stated objectives increasing enron america velocity capital associated return invested capital decided create capital book capital book profit target associated managed joe deffner purpose creating book ensure transactions within enron americas form capital requirement structured correctly allocated appropriate cost capital charge previous numbers used business plans beginning year remain transactions place hold assets therefore assets currently held within business area capital charge remain 15 internal ownership assets maintained originating business unit subject internal ownership policy outlined cost capital associated transactions enron americas set joe process separate apart current rac process transactions continue unchanged capital investments balance sheet continue accrue capital charge previously established rate 15 transactions structured credit receive pure market pass actually incurred cost capital opposed previous 15 across board charge transactions structured balance sheet credit priced based upon financial impact enron america overall credit capacity transactions deploy capital trading books capital book take finance reserve transaction similar way credit group takes credit reserve finance reserve used specifically fund capital required transaction noted capital book budget essentially charge origination trading groups actual cost sending market based capital pricing signals internally enron america sources capital liquidity better optimized across organization questions regarding capital book addressed joe deffner 853 7117 alan quaintance 345 7731