draft capital charge memo louise anyalzing get back issues see one quick question ebit income non cash accure capital charge thanks kish louise kitchen ect 04 12 2001 10 09 kevin presto hou ect ect w david duran hou ect ect tim belden hou ect ect christopher f calger pdx ect ect jean mrha na enron enron max yzaguirre na enron enron julie gomez hou ect ect brian redmond hou ect ect phillip k allen hou ect ect barry tycholiz na enron enron scott neal hou ect ect frank w vickers na enron enron hunter shively hou ect ect laura luce corp enron enron thomas martin enron enronxgate john arnold hou ect ect fred lagrasta hou ect ect rob milnthorp cal ect ect jonathan mckay cal ect ect miller hou ect ect scott josey enron enronxgate orlando gonzalez sa enron enron joe kishkill sa enron enron michael l miller enron enronxgate ozzie pagan enron enronxgate edward baughman enron enronxgate rogers herndon hou ect ect dana davis enron enronxgate fletcher j sturm hou ect ect doug gilbert smith corp enron enron cc joseph deffner enron enronxgate wes colwell enron enronxgate john j lavorato enron enronxgate subject draft capital charge memo draft memo planning send start addressing 15 standard across transactions issues please let know louise 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