fw citi wells enron sl 2 form b 2 b venture fyi original message lubowski andrzej sent tuesday august 08 2000 12 42 pm allen paul dahir victor gustafson pete isaacson bond mcewen tony onoda john pascarella carl saeger rebecca thompson scott visausa vessey paul subject citi wells enron sl 2 form b 2 b venture yesterday citigroup wells enron 2 sl corp formed new firm com inc streamline buying selling facilitating payments business business e commerce announcement says new company connect buyers sellers e marketplaces payment processing credit services multiple participating banks financial services companies fully understand yet new venture importantly implications may visa feeling announcement different mass publicity seeking b 2 b plays seen last year enron provide broadband network allows scalability bypasses congestion public internet enron highly praised demonstrated ability radically reorganize existing industries energy commodities risk management etc sl builds customizable internet financial services platforms heavyweight partners ibm andersen invested clients citi royal bank canada andersen allianz fleetboston jp morgan state farm zurich financial chairman ceo commenting venture said far various companies separately offered individual financial services sourcing credit escrow payments authentication processing one offered together multi bank model lack complete financial services solution e marketplaces major inefficiency b 2 b e commerce bottleneck e marketplaces restricting transaction volume com offer full package financial services open system seamlessly integrated e marketplace group working others try get better sense nature new beast surface however looks like attempt create payment pipeline