Subject: day rates forward market
enclosed for your review is a draft copy of the four examples that i am
considering showing to aa as we request that they consider the chances of our
trading partners / customers receiving hedge treatment from trades such as
these . please review this writing , make suggestions and comments and either
email those changes back to me or fax them to me at 713 - 646 - 8416 . if you
would rather send your recommendations via courier , send them to eb 3585 b .
martin , please suggest wording for insurance products that meet the same
needs of the customer as the derivative examples . outline any significant
issues and send me those recommendations by thursday at noon if possible .
john