SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (136682)12/2/2001 4:16:22 PM
From: MythMan  Read Replies (1) | Respond to of 436258
 
goodbye Horns and that sissy Simms -g-

time for some real comedy with the Boyz & Skins -vbg-



To: Lucretius who wrote (136682)12/2/2001 4:38:05 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
what the filing fee on Sunday's <vbg>

hope the court got it up front



To: Lucretius who wrote (136682)12/2/2001 4:39:52 PM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 436258
 
gonna be a lot of incivility in houston energy circles... some of the fickers are actually neighbors <vbg>

suggest we turn the now obsolete astrodome into the thunderdome... naming rites ought to be fairly cheap all things considered.



To: Lucretius who wrote (136682)12/2/2001 7:03:11 PM
From: Les H  Read Replies (2) | Respond to of 436258
 
Enron derivative exposure $6.3 billion - S&P

Standard and Poor's Corp said derivatives contracts totalling an estimated $6.3 billion may be at risk from Enron Corp's threatened bankruptcy.

Direct credit exposure from its own derivatives deals could total $3.0 billion, the rating agency said in a statement.

The fate of Enron also presents a risk to about $3.3 billion of other companies' derivatives deals in which it acted as the reference entity, meaning the contract was based on its credit.

"Standard and Poor's is currently reviewing all transactions in which Enron is a named reference entity for possible rating actions," said Nik Khakee, director of Standard and Poor's structured finance derivatives group.

Enron's own derivatives trading appeared unusually large, he noted in the statement.

"The notional amount of three billion dollars relative to Enron represents a larger percentage of overall rated credit derivative transactions than would be expected of an entity that is not a traditional broker-dealer, investment bank, or insurer," he said.



To: Lucretius who wrote (136682)12/2/2001 7:21:56 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
Had the market reacted swiftly to the downside on this one --- I would agree that there would be no significant down until next year, but the market blew it off. Hence, I think there'll be a second bit of news that will cause folks to take it more seriously -- probably starting Wed or Thurs.