text: Thanks for letting me know.  I am sure that you have communicated with the 
  Portland risk group regarding this slip up.  What assurances have you gotten 
  from them about their diligence in the future in officializing books?  Do you 
  think that everyone there is on board and aware of how important this is?  
  --Sally 
  
  
     
  	
  	
  	From:  Stacey W White                           12/22/2000 09:14 AM
  	
  
  To: Sally Beck/HOU/ECT@ECT
  cc:  
  Subject: Book not Officialized in West
  
  I just wanted to let you know that the West Risk Management group did not 
  officialize one of their calculations last night.  I have had calls from 
  Credit & VAR.  The Interest Rate group was not affected because their new 
  system caught the error and the were able to use yesterday's cash flows.  I 
  officialized the book this morning and everyone is rerunning their 
  applications.  I'll let you know if there is any other fall out.
  
  Stacey