text
stringlengths 1
1.59M
| meta
dict |
---|---|
Richard, the court has set a trial date in the Waste Management case for Feb.
16, 2001 and plaintiff Waste Management has propunded form interrogatories on
Ecogas.? Pursuant to your instructions, we have not spent any time on the
case, however,? we will need to draft some discovery responses/objections and
discuss how to deal with the trial date as it gets closer.?? Thanks.
This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee
or agent responsible for delivery of this message to the intended
recipient(s), you are hereby notified that any dissemination,
distribution or copying of this e-mail message is strictly prohibited.
If you have received this message in error, please immediately notify
the sender and delete this e-mail message from your computer. | {
"pile_set_name": "Enron Emails"
} |
I am not aware of any offsite guidance to use virtual mode for other than
short duration troubleshooting. Turbine 9 was in virtual mode for
approximately 40 hours. This will have the appearance of improperly
manipulating availability so that it is higher than it should be. The owner
would argue that the turbine should have been left faulted offline or the
repair switch thrown. System Performance Group will see if we can assess how
prevelent this was at Mill Run when there were no gaps in 10 minute data.
It is possible that this virtual mode use was rare or of little practical
effect. I am not going to mention this to anyone outside of Systems
Performance Group & Joe Thorpe until we know how prevelent it was.
Joe Thorpe
05/31/2002 06:09 AM
To: Mark V Walker/EWC/Enron@ENRON
cc:
Subject: Turbine 9
Mark,
I talked to the employee that preformed the late night operations, and he
confirmed that he put the turbine in virtual mode on the night the turbine
faulted. This was not corrected until the crews were instructed to put the
turnine into repair mode to perform the repairs. This has been addressed and
all personnel understand the repercussions. If there are any other questions
please let me know. | {
"pile_set_name": "Enron Emails"
} |
Start Date: 4/13/01; HourAhead hour: 19; No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
LOG MESSAGES:
PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041319.txt
---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
Details: (Hour: 19 / Preferred: 20.00 / Final: 19.97)
TRANS_TYPE: FINAL
SC_ID: ECTRT
MKT_TYPE: 2
TRANS_DATE: 4/13/01
TIE_POINT: FCORNR_5_PSUEDO
INTERCHG_ID: EPMI_CISO_BUNNY
ENGY_TYPE: FIRM | {
"pile_set_name": "Enron Emails"
} |
Nina Edmonds | {
"pile_set_name": "Enron Emails"
} |
Executive Summary
AvailDocument is the deliverable given to Erik Ellis to support Business
Development turbine sales efforts. I send it you to expedite coordination
between analysts and the Controller Group. Garth Ripton asked for feedback
on an earlier draft of this table and Eric Ellis asked for it to be updated
on how existing counters worked and reviewed for how counters should work.
The document AvailDocumentcolor retains the same green and red coding
initiated by Garth in the earlier draft. The yellow coloring indicated
changes or comments added by Mark Walker. Paul Landers and Kim Nguyen were
very helpful in gathering data on the existing result of faults and errors
and I coordinated with two Field Crews to ensure that the counters were
compatible with Field Ops requirements.
One important result is that several counters cause the maintenance time
counter to be incremented even though they also would be used for repairs.
If the rotary switch on the controller panel is religiously set to "maint" or
"repair" before all maintenances or repairs then there will not be any
excessively large number of maintenance hours. Field Operations will request
further emphasis on using the rotary switch to ensure that availabilities are
correct. | {
"pile_set_name": "Enron Emails"
} |
fyi
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/02/2001 12:33
PM ---------------------------
Lisa Bills
12/22/2000 12:03 PM
To: Kay Mann/Corp/Enron@Enron
cc:
Subject: E-Next Gen/Purchase of Property
Give a read and then a call to discuss the notice and the timing of the
purchase. Thanks, Lisa
---------------------- Forwarded by Lisa Bills/Corp/Enron on 12/22/2000 12:03
PM ---------------------------
[email protected] on 12/22/2000 06:19:11 AM
To: [email protected]
cc: [email protected], [email protected], [email protected],
[email protected], [email protected], [email protected]
Subject: E-Next Gen/Purchase of Property
Lisa - The notice under 6.1(a) of the DCMA for Property to be purchased out
of the facility should specify simply:
1.????? The proposed Applicable Construction Purchase Date (between 5 and 15
Business Days after the date of the notice).? By my count we don't have 5 BDs
left in the year.? If you want to do by year end you will need a waiver.
2.????? The Specified Option Property - which should be described with
sufficient specificity for the Developer to prepare a legally sufficient
quitclaim deed or bill of sale and assignment pursuant to 7.1 of the DCMA,
and the party owning the property (Developer or Developer Subsidiary or
other).? For your purposes now, this should be fairly straightforward - we
will be doing just a Bill of Sale and an assignment.? Serial numbers,
location and any other information for positive identification of any
equipment should suffice, and as to contract rights that is just a reference
to the appropriate contract(s) and the rights to be assigned thereunder (if
not all).? In future, this element will be driven by the type of Property you
are taking out.
3.????? Designate the amount of Project Costs Attributable to the Specified
Option Property.? Note that this works hand in hand with the voluntary
prepayment section under the PA, Section 2.1G for Phase I.? I assume you're
in LIBOR right now, so you need to give a minimum 3 B.D. notice of
prepayment, and it is irrevocable. You might as well incorporate the notice
of prepayment into the Purchase Option Exercise Notice.
The Developer will need to produce and deliver a Bill of Sale and an
assignment based on the information you provide, so please copy me on the
information you send to CSFB.?
I have not had an opportunity to discuss this with Jon (generally or about
the waiver issue) or anyone else, so please go ahead and start on the notice
with the knowledge that there may be further comment and a requirement for
further information.? Why don't you produce one version that includes a
request for a waiver of the 5 Business Day requirement and an "acknowledged
and consented to" signature line for CSFB as Admin Agent.? As you suggested
on the phone, it may be worthwhile to produce a form for this kind of
notice.? Let's consider doing that after the first of the year so we can be
sure to anticipate all that must be included. There may be other items we
want to establish a form or precedent for too, depending on what features of
the facility you see Enron using frequently.
Let's speak about this early today, obviously. And we must be sure we have
enough Business Days left in the year to pull this off - LIBOR Business Days
would be the only problem I could imagine, I'm just unable to check that
right now.
Talk to you soon, I'll be in the office by 9 or 9:30.? And why did it take
you so long to get active on this facility? Such a nice credit and you just
let it sit there for days!
Cheers, Karl
This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee
or agent responsible for delivery of this message to the intended
recipient(s), you are hereby notified that any dissemination,
distribution or copying of this e-mail message is strictly prohibited.
If you have received this message in error, please immediately notify
the sender and delete this e-mail message from your computer. | {
"pile_set_name": "Enron Emails"
} |
Hey Hot Stuff,
I know how much you love these spoofs so enjoy. Hope your having a good day
or at least, given the circumstances, a tolerable one.
Shorty
---------------------- Forwarded by Susan M Scott/HOU/ECT on 08/08/2000 01:54
PM ---------------------------
Enron Capital & Trade Resources Corp.
From: Tobin Carlson 10/13/99 10:49 AM
To: Chris Abel/HOU/ECT@ECT, Gary Stadler/HOU/ECT@ECT, Susan M
Scott/HOU/ECT@ECT
cc:
Subject: FW: The glamorous life of the NBA
He He He
> >
> >
> >A true classic.
> >
> >
> >
>
> ______________________________________________________
> Get Your Private, Free Email at http://www.hotmail.com <<priceless.exe>>
- priceless.exe | {
"pile_set_name": "Enron Emails"
} |
I just got off the phone with Brent. He was at the hospital getting ready to
take his daughter home and stopped to talk further with the doctor. Brent
mentioned that when he had appendicitis, his symptoms weren't the "standard"
symptoms. This got the doctor to thinking so he told Brent to hold off while
he checked something on the tests they had taken. Brent's daughter is now
scheduled for surgery today to take out her appendix!
Brent will not be in today, but will probably be in the office tomorrow for a
few hours.
-Becky
----- Forwarded by Becky Spencer/HOU/ECT on 04/25/2001 10:02 AM -----
Becky Spencer
04/25/2001 09:24 AM
To: Swap Group
cc: Taffy Milligan/HOU/ECT@ECT, Kaye Ellis/HOU/ECT@ECT, Suzanne
Adams/HOU/ECT@ECT, Becky Spencer/HOU/ECT@ECT, Carolyn
George/Corp/Enron@ENRON, Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Keegan Farrell/NA/Enron@Enron, Nita Garcia/NA/Enron@Enron, Esmeralda
Gonzalez/ENRON@enronXgate
Subject: News-Brent's Daughter
I talked with Brent this morning. It appears that his daughter does not have
appendicitis. She has been running a fever, her white count was down, and
she had fluid collecting in her abdominal area. The doctors were baffled as
to where this fluid was coming from. As of this morning, Brent's daughter
is showing signs of improvement; her white count is better and her fever is
going down. Doctors now think she has some kind of infection that is running
its course. Brent will know more later today when he speaks to the doctors
about test results.
-Becky | {
"pile_set_name": "Enron Emails"
} |
The attached is the version of the contract which is under internal review
and has therefore not been sent to VEPCO. Warning: the black lining may not
be much help to you, depending on which version you last reviewed.
We are meeting with VEPCO on Tuesday to iron out the remaining issues, and
would like to send them this version in advance of that meeting Monday
afternoon. With apologies for the short notice, any input you might want to
give would be appreciated. We would like to send them this version (with
internal revisions) in advance of that meeting. Therefore, please email me
any proposed changes, or leave me a voice mail at x57566.
FYI: The goal is to have this part of the deal completed prior to August 22.
Thank you for your assistance,
Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 08/06/2000 11:17
AM ---------------------------
"Nancy Wodka" <[email protected]> on 08/04/2000 07:17:26 PM
To: <[email protected]>, <[email protected]>, <[email protected]>
cc:
Subject: VEPCO PPA.DOC
Here's the revised draft. Ignore the title "clean"--this is a comparison to
the draft sent yesterday to VEPCO. Regards.
- CLEANVEP.DOC | {
"pile_set_name": "Enron Emails"
} |
?
?
ftp://csf.colorado.edu/ipe/Thematic_Archive/documents/nafta/nafta_analysis/eai
.nafta.doc
- eai.nafta.doc.url | {
"pile_set_name": "Enron Emails"
} |
Louise,
To make our ENW budget discussions most meaningful, we felt that coupling discussions of the Operations and IT Development budgets will make the most sense. To insure that we have the appropriate attendees in our ENW 2002 plan meetings and to schedule these meetings around Thursday as a religious holiday, I have worked with Wes Colwell and made a trade with Vince Kaminski to make all of this happen. There is no change to your calendar in terms of date, time or location of meetings. We have simply realigned topics and attendees as follows:
Date Time Location Revised Group Revised Attendees
Wed, 9/26 11 - Noon EB3314 Canada Support (unchanged) Wes Colwell, Faith Killen, Louise
Kitchen, Sally Beck, Rob Milnthrop,
Bob Hall (added-responsible for EA
Operations, including Calgary)
Thurs, 9/27 1:30 -2:30 EB3316 ENW: EOL & Infrastructure Wes Colwell.Faith Killen,Louise
Kitchen, Sally Beck,Mark Pickering,
Jenny Rub, Greg Piper, Kerry Roper, Brad Richter (added-EOL), Jay Webb (added-EOL)
Fri, 9/28 1 - 2pm EB3316 Research Wes Colwell, Faith Killen, Louise
Kitchen,Vince Kaminiski (no changes)
3 - 4pm EB3314 ENW: Operations & IT Dev. Wes Colwell,Faith Killen, Louise
Kitchen,Sally Beck, Beth Perlman,
Mark Pickering, Greg Piper, Kerry
Roper, Bob Hall (added-EA Operations)
I look forward to reviewing details with you in each of these meetings. --Sally | {
"pile_set_name": "Enron Emails"
} |
Please plan on meeting at 1pm on Thursday to continue discussions on the
Midtex line. I will let you know the location when it becomes finalized.
D | {
"pile_set_name": "Enron Emails"
} |
Hi Jaideep!
My first suggestion is that you come to Houston as scheduled (and arranged
with Wharton nearly 3 weeks ago). Alternatively, rely on your Tiger
teammates to gather information necessary to respond to the project. Should
circumstances lead you to decide not to come for this trip, please return the
ticket issued to you. Should it make sense for you to visit Enron some time
in the future, we can discuss arrangements at that time.
Hope to see you soon!
--Christie.
---------------------- Forwarded by Christie Patrick/HOU/ECT on 01/18/2001
01:22 AM ---------------------------
"Jaideep Singh" <[email protected]> on 01/17/2001 08:58:51 PM
To: <[email protected]>
cc:
Subject: Houston Trip
Hello Christie,
Thank you for organizing the Wharton trip to Enron. Unfortunately, the
flight setup for tomorrow is way too early for me as I'll have to miss over
4 hours of classes, which I cannot afford to do. I tried changing the time
with Continental and there latest flight leaves at 6PM - which does not work
for me (smack in the middle of my 3 hour class)
Thus the dilemma that I find myself in is the following:
a. Try a different flight as I can make any flight after 7:30PM (however, I
have no control over reservations/budget etc)
b. As it is possible to delay travel upto 1 year, use this ticket to come
some other time
Sorry for this but I just saw the bookings today.
Any suggestions?
Thanks,
Jaideep | {
"pile_set_name": "Enron Emails"
} |
hi back | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by John Arnold/HOU/ECT on 03/06/2001 07:48
AM ---------------------------
From: Ann M Schmidt@ENRON on 03/05/2001 08:23 AM
To: Ann M Schmidt/Corp/Enron@ENRON
cc: (bcc: John Arnold/HOU/ECT)
Subject: Enron Mentions - 03-04-01
Utility Deregulation: Square Peg, Round Hole?
The New York Times, 03/04/01
3 Executives Considered to Head Military
Los Angeles Times, 03/04/01
Bush leaning toward execs for military
The Seattle Times, 03/04/01
Enron's Chief Denies Role as Energy Villain / Critics regard Kenneth Lay as
deregulation opportunist
The San Francisco Chronicle, 03/04/01
Enron boss says he's not to blame for profits in energy crisis
Associated Press Newswires, 03/04/01
The Stadium Curse? / Some stocks swoon after arena deals
The San Francisco Chronicle, 03/04/01
Money and Business/Financial Desk; Section 3
ECONOMIC VIEW
Utility Deregulation: Square Peg, Round Hole?
By JOSEPH KAHN
03/04/2001
The New York Times
Page 4, Column 6
c. 2001 New York Times Company
WASHINGTON -- IN the forensic pursuit of what caused California's power
failure, the Bush administration, the energy industry and many analysts have
granted immunity to deregulation.
Robert Shapiro, a managing director of Enron, the giant electricity marketer,
says the California mess should in no way affect deregulation in other
states, ''because California didn't really deregulate.'' Spencer Abraham, the
new energy secretary, said Californians simply goofed, setting up a
''dysfunctional'' system. It is the way California deregulated, not
deregulation itself, that should take the blame, they say.
Yet some economists argue that California's troubles should inform the debate
about whether -- not just how -- to deregulate. Among them is Alfred E. Kahn,
the Cornell University economist who helped oversee the creation of free
markets in the rail, trucking and airline industries.
''I am worried about the uniqueness of electricity markets,'' Mr. Kahn said.
He is still studying whether the design flaws in California's market explain
the whole problem. But he is sounding a note of skepticism.
''I've always been uncertain about eliminating vertical integration,'' he
said, referring to the old ways of allowing a single, heavily regulated power
company to produce, transmit and distribute electricity. ''It may be one
industry in which it works reasonably well.''
Mr. Kahn's comments might sound a little heretical. When this former Carter
administration official was pushing deregulation, it was still a novel and
politically risky concept. Today, getting government out of most businesses
is part of the Washington economic canon.
Moreover, few people believe that California, the first state to overhaul its
electricity sector from top to bottom, has proved a good laboratory. To
satisfy interest groups, the markets were designed in an awkward way, which
soured some deregulation experts on California before the first electron went
on the auction block.
Among the quirks: The state required utilities to buy nearly all their power
on daily spot markets, rather than arranging long-term contracts that might
have allowed them to hedge risk. Consumer prices were also fixed, making it
impossible for utilities to pass on higher wholesale costs.
Paul L. Joskow, an expert on electricity markets at the Massachusetts
Institute of Technology and a former student of Mr. Kahn's, remains hopeful
that the kinks can be ironed out.
In New England and the the Middle Atlantic states, as well in as Britain,
Chile and Argentina, all places that have restructured electricity markets,
regulators have had to adjust market rules to correct flaws. They have found
ways to check the tendency of power sellers to exploit infant markets and
charge high prices, Mr. Joskow said.
Regulators have also had to establish new markets that, through price
signals, encourage power companies to build enough generating capacity so
that they have reserves for peak hours. During peak hours, shortages and
price spikes can substantially raise average prices.
''If they can do it in Britain, Chile and Argentina, then I think we can do
it here,'' Mr. Joskow said.
Still, he warns that proper regulation requires tough political choices.
Allowing high prices to pass through to consumers is one. Making sure
Nimbyism does not prevent the construction of power plants is another.
''The political system must rise to the task,'' Mr. Joskow said, or the ''old
way might be the best we can do.''
Mr. Kahn knows a bit about the old way. In the mid-1970's, he headed the New
York Public Service Commission, which oversaw electricity and other regulated
industries. The drawbacks were legendary. Local utilities had an endemic
tendency to overestimate demand to justify new power plants, for which
consumers paid through steady rate increases. Nearly everyone assumed that
competition would slash prices.
But though free markets do a better job managing rail, phone and airline
prices, they have yet to match regulators' ability to juggle the complexities
of electricity, Mr. Kahn said.
Regulators tended to apply heavy political pressure on utilities to keep
prices as low as possible and profit margins steady but thin. The vertical
integration of electricity monopolies may have also had advantages, Mr. Kahn
said. Engineers coordinated power plants and transmission lines in ideal
ways. Planners who saw the need for new plants helped find a place for them
to be built. ''The players all depended on one another,'' he said.
California has probably not derailed deregulation efforts. But it has made
people wonder anew whether market forces work for kilowatts as they do for
widgets.
Photo: Alfred E. Kahn
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
National Desk
3 Executives Considered to Head Military
From Associated Press
03/04/2001
Los Angeles Times
Home Edition
A-25
Copyright 2001 / The Times Mirror Company
WASHINGTON -- Three corporate executives are under consideration to lead the
Air Force, Army and Navy, administration officials said Saturday.
The three have been interviewed by Defense Secretary Donald H. Rumsfeld, and
the White House was expected to announce this week that it will send their
names to the Senate for confirmation, the Washington Times reported, quoting
unidentified sources.
Gordon R. England, 63, who retired recently from General Dynamics Corp.,
would be nominated as Navy secretary; James G. Roche, 61, a vice president at
Northrop Grumman Corp., is the pick to head the Air Force; and the choice to
head the Army is Thomas E. White, 57, a retired Army general and an executive
with Enron Corp. White also once worked as an assistant to Colin L. Powell,
Bush's secretary of State.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
News
Bush leaning toward execs for military
The Associated Press
03/04/2001
The Seattle Times
Sunday
A9
(Copyright 2001)
WASHINGTON--Three corporate executives are under consideration to lead the
Air Force, Army and Navy, administration officials said yesterday.
The three men have been interviewed by Defense Secretary Donald Rumsfeld, and
the White House was expected to announce next week that it will send their
names to the Senate for confirmation, The Washington Times reported
yesterday, quoting unidentified sources.
But two Bush administration sources, speaking on condition of anonymity, told
The Associated Press that President Bush has not made a decision and that the
nominations were not a certainty.
The Times said Gordon England, 63, who retired last week as a vice president
at General Dynamics, would be nominated as Navy secretary. England was
responsible for the company's information systems and international programs.
The newspaper also said James Roche, 61, a vice president at Northrop
Grumman, was the pick to head the Air Force. Roche, a retired Navy captain,
worked in the State Department during the Reagan administration and later was
Democratic staff director for the Senate Armed Services Committee.
The nominee for Army secretary was said to be Thomas White, 57, a retired
Army general and an executive with Enron, a Houston-based energy company.
White was executive assistant to Secretary of State Colin Powell when Powell
was chairman of the Joint Chiefs of Staff.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
NEWS
Enron's Chief Denies Role as Energy Villain / Critics regard Kenneth Lay as
deregulation opportunist
David Lazarus
Chronicle Staff Writer
03/04/2001
The San Francisco Chronicle
FINAL
A1
(Copyright 2001)
Kenneth Lay is one of the energy "pirates" accused by California's governor
of fleecing consumers. As chairman of Enron Corp., the world's largest energy
trader, Lay is arguably the biggest, baddest buccaneer of them all.
But that's not how he wants to be seen. And he certainly doesn't like taking
knocks from Gov. Gray Davis for having contributed to California's energy
mess.
"It's very unfair," Lay said, his brown eyes taking on a puppy- dog quality.
"He's trying to vilify us. But we didn't make the rules in California. We had
nothing to do with creating the problem."
He gazed out from his plush, 50th-floor office. Houston's downtown
skyscrapers jutted like sharp teeth against the overcast sky.
"Everyone played by the rules," Lay said. "Now our reputations are being
maligned."
In a sense, he's right. The ultimate blame does rest with California
policymakers for deregulating the state's electricity market in such a
ham-fisted way that power giants like Enron cleaned up by exploiting
loopholes in the system.
But Enron was no innocent bystander during the restructuring process.
"Enron and Ken Lay were one of the major players behind the push for
deregulation in California," said Janee Briesemeister, senior policy analyst
in the Austin office of Consumers Union. "A lot of what's happening in
California was their idea."
Those familiar with the state's deregulation efforts said Enron was
especially eager to ensure that a newly created Power Exchange, where
wholesale power would be bought and sold, was separate from the Independent
System Operator, which would oversee the electricity grid.
"This fragmented the wholesale market, making it harder to monitor," said
John Rozsa, an aide to state Sen. Steve Peace, D-El Cajon, widely regarded as
the godfather of California's bungled deregulation measures.
"Enron isn't in the business of making markets work," Rozsa said. "They're in
the business of making a buck."
In an ironic twist, however, Enron now could play a pivotal role in helping
the state remedy past errors and find its energy footing. The company has
that much clout.
SEEKING LAY'S BLESSING
Thus, as the governor pushes ahead with a scheme to purchase the transmission
lines of California's cash-strapped utilities, he didn't hesitate to call
recently seeking Lay's personal blessing for the plan.
This must have been a sweet moment for the man who just weeks earlier had
been castigated by Davis in the governor's State of the State speech.
"I told him we couldn't support it," Lay said, a hint of a smile playing
across his lips. "It will lead to an even less efficient transmission grid
and, longer term, it could make things worse."
Why would Davis swallow his pride and court favor with Enron's big cheese?
Simple: Davis will need the Bush administration's backing to make the
power-line sale fly, and, many believe, there's no faster way to reach the
new president than via the Houston office of his leading corporate patron.
Lay, 58, and his company have donated more than $500,000 to Bush's various
political campaigns in recent years, and he placed Enron's private jet at
Bush's disposal during the presidential race.
So great is Lay's influence with the president that some insist he is now
serving effectively as shadow energy secretary, shaping U.S. energy policy as
he sees fit.
"There's a long history of Enron pulling the levers of its political
relationships to get what it wants," said Craig McDonald, director of Texans
for Public Justice, a watchdog group. "What Ken Lay thinks energy policy
should be isn't very different from what George Bush and Dick Cheney think it
should be."
ANOTHER VIEWPOINT
Lay, of course, sees things differently. At the mere mention of his close
rapport with the president, his eyes glazed over and he mechanically recited
the words he has repeated numerous times in recent months.
"I have known the president and his family for many years," Lay said. "I've
been a strong supporter of his. I believe in him and I believe in his
policies."
He insisted that reports of his having sway over Bush on energy matters are
"grossly exaggerated."
Still, it is striking that Bush's quick decision after taking office to limit
federal assistance in solving California's energy woes virtually mirrored
Lay's own thoughts on the situation. So, too, with the administration's
hands-off approach to resolving the crisis.
Whatever else, California's power woes have been very kind to Enron's bottom
line. The company's revenues more than doubled to $101 billion last year.
They haven't hurt Lay, either. According to company records, his pay package
more than tripled last year to $18.3 million.
Lay and other Enron officials steadfastly refuse to break out the company's
California earnings from other worldwide business activities. But Lay
conceded that Enron's profit from California energy deals last year was "not
inconsequential."
"We benefit from the volatility," he said.
CAPTIVE MARKETPLACE
That's putting it mildly. It could be said that California's energy mess was
tailor-made for Enron, which is almost uniquely positioned to prosper from a
captive marketplace in which electricity and natural gas prices are
simultaneously soaring skyward.
To understand why that is, one must look closely at Enron's complex business
model. The company is much more than just a middleman in brokering energy
deals.
Lay, with a doctorate in economics and a background as a federal energy
regulator, set about completely reinventing Enron in 1985 after taking over
what was then an unexceptional natural-gas pipeline operator.
As he saw it, the real action was not in distribution or generation of
energy, but in transacting lightning-fast deals wherever electricity or gas
is needed -- treating energy like a tradable commodity for the first time.
Enron is now the leader in this fast-growing field, and uses that advantage
to consolidate its position as the market-maker of choice for energy buyers
and sellers throughout the country.
It also exploits its size and trading sophistication to structure unusually
creative deals. For example, if electricity prices are down but natural gas
prices up, Enron might cut a deal to meet a utility's power needs in return
for taking possession of the gas required to run the utility's plants.
Enron could then turn around and sell that gas elsewhere, using part of the
proceeds to purchase low-priced electricity from another provider, which it
ships back to the original utility.
"We do best in competitive markets," Lay said. "These are sustainable
markets."
TRADING FRENZY
Enron's trading floors buzz all day long with frantic activity as mostly
young, mostly male employees scan banks of flat-panel displays in search of
the best deals. Rock music blares from speakers, giving the scene an almost
frat-party atmosphere.
The company's trading volume skyrocketed last year with the advent of an
Internet-based bidding system, which logged 548,000 trades valued at $336
billion, making Enron by far the world's single biggest e-commerce entity.
Kevin Presto, who oversees Enron's East Coast power trades, called up the
California electricity market on his computer. With a few quick mouse clicks,
he showed that Enron at that moment was buying power in the Golden State at
$250 per megawatt hour and selling it at $275.
"Some days we're at $250, some days $300 and some days $500," Presto said
over the steady thump-thump of the trading floor's rock 'n' roll soundtrack.
"There's truly a problem out there."
This is a recurring theme among Enron officials: California's electricity
market is broken and Enron would prefer it if things just settled down. As
Lay himself put it, "The worst thing for us is a dysfunctional marketplace."
In reality, California's dysfunctional marketplace means Enron isn't just
making piles of money, it's seeing profits both coming and going.
LOTS OF BUSINESS IN CALIFORNIA
The company's energy services division, which handles the complete energy
needs of large institutions, counts among its clients the University of
California and California State school systems, Oakland's Clorox Co., and
even the San Francisco Giants and Pac Bell Park.
Enron purchases electricity on behalf of these clients from Pacific Gas and
Electric Co., which by law must keep its rates frozen below current market
values. At the same time, Enron sells power to PG&E at sky-high wholesale
levels.
In other words, Enron is buying back its own electricity from PG&E for just a
fraction of the price it charges the utility.
"These guys are the pariahs of the power system," said Nettie Hoge, executive
director of The Utility Reform Network in San Francisco. "Why do we need
middlemen? They don't do anything except mark up the cost."
To be fair, energy marketers such as Enron can help stabilize an efficient
marketplace by promoting increased competition between buyers and sellers.
This has proven the case in Pennsylvania, where Enron actively trades among
about 200 market participants.
But in an inefficient market such as California, a company like Enron can
easily exacerbate things by exploiting loopholes in the state's ill-conceived
regulatory framework.
Sylvester Turner, a Houston lawmaker who serves as vice chairman of the state
committee that oversees Texas utilities, said he can't blame Enron and other
power companies for pursuing profits in California.
"California set up some bad rules, and these companies played by the rules
California set up," he said. "At the end of the day, they will behave to
enhance their bottom lines."
But as Texas proceeds toward deregulation of its own electricity market next
year, Turner said he has learned from California's experience -- and is
taking steps to prevent Texas' power giants from shaking down local
consumers.
LESSONS FROM GOLDEN STATE
He has written a bill intended to give the Texas Public Utility Commission
more authority in cracking down on market abuses. The power companies are
fighting the legislation as hard as they can.
Not least among Turner's worries is that Texas will see what California
officials believe happened in their state: A deliberate withholding of power
by leading providers until surging demand had pushed prices higher.
"I have that concern," he said. "I don't necessarily take these companies at
their word."
For his part, Lay insists that Enron has never deliberately manipulated
electricity prices.
"I don't know of any of that," he said. "It's so easy to conjure up
conspiracy theories."
As a sign of Enron's commitment to solving California's energy troubles, Lay
said he supported Davis when the state began negotiating long-term power
contracts on behalf of utilities.
So how many contracts has Enron signed?
Suddenly, the hurt, puppyish expression vanished from Lay's face, and a
harder, more steely look glinted from his eyes.
"None," he said. "We won't be signing until we're certain about recovering
our costs."
Consider this a shot across California's bow.
PHOTO; Caption: Chairman Kenneth Lay said Enron had "nothing to do with
creating the (energy) problem."
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Enron boss says he's not to blame for profits in energy crisis
03/04/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.
SAN FRANCISCO (AP) - Yes, his business has profited handsomely from
California's energy crisis, but Enron Corp. Chairman Kenneth Lay says he
shouldn't be a scapegoat in California's energy crisis.
That hasn't swayed Gov. Gray Davis, who has skewered energy companies such as
Houston-based Enron for selling expensive power to California.
"Never again can we allow out-of-state profiteers to hold Californians
hostage," Davis warned in his State of the State address.
More recently, however, Davis called Lay to discuss negotiations as the state
looks to buy power transmission lines from troubled utilities.
"I told him we couldn't support it," Lay told the San Francisco Chronicle in
an interview at his Houston office. "It will lead to an even less efficient
transmission grid and, longer term, it could make things worse."
Lay is not just any private-sector energy czar - Enron Corp. is the world's
largest energy trader and Lay is a close friend of President George Bush. Lay
and his corporation have donated more than $500,000 to Bush's various
political campaigns in recent years and he offered Bush use of Enron's
private jet during the presidential race.
But Lay said it's economics, not politics, that matter in California's energy
crisis. And he thinks it unfair that Davis has blamed out-of-state energy
brokers for the protracted problems.
"We didn't make the rules in California," Lay said. "We had nothing to do
with creating the problem."
The problem, many analysts agree, began with the state's deregulation of the
power industry in 1996. Enron encouraged deregulation, and the state's
ensuing power crisis has been lucrative for the corporation.
Enron's stock jumped 86 percent in 2000 and its revenues more than doubled to
$101 billion. Lay, 58, was compensated accordingly - he received nearly $16
million in stock and cash beyond his $1.3 million salary last year, compared
with less than $4 million in bonuses in 1999.
Lay refused to say how much Enron has made off California's crisis, though he
conceded the profit was "not inconsequential."
"We benefit from the volatility," said Lay, who took over Enron in 1985 and
has helped turn the corporation into a major player in the trading of
electricity as a commodity.
But Lay rejected suggestions that Enron has manipulated prices upward by
insisting California pay dearly for last-minute power that has helped keep
the lights on in recent months.
"I don't know of any of that," he said. "It's so easy to conjure up
conspiracy theories."
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
BUSINESS
NET WORTH
The Stadium Curse? / Some stocks swoon after arena deals
Kathleen Pender
03/04/2001
The San Francisco Chronicle
FINAL
B1
(Copyright 2001)
Is buying the name of a big-league stadium the kiss of death for a company,
or does it only seem that way?
From Network Associates Coliseum in Oakland to the unfinished CMGI Field
outside Boston, the nation is dotted with sports venues named after companies
whose stocks have been sacked.
The Super Bowl champion Baltimore Ravens play in a stadium named after
PSINet, whose stock has fallen 92 percent to $1.25 a share since it bought
naming rights.
The problem names are not all tech.
The owners of the TWA Dome in St. Louis and Pro Player Stadium in Miami are
looking for new corporate sponsors because their current ones are bankrupt.
TWA is an airline. Pro Player was part of underwear-maker Fruit of the Loom.
The home of the Anaheim Angels could be in the market for a new name if
Edison International, parent of electric utility Southern California Edison,
runs out of juice.
Of course, these companies were not in trouble when they promised to pay tens
or hundreds of millions of dollars to have their names plastered on a
ballpark or arena.
In fact, many were at their peak.
Which begs the question: Should investors get worried when a company in which
they own stock puts its name up among the floodlights?
Brian Pears, head of equity trading with Wells Capital Management, wonders if
companies are susceptible to some weird strain of the "Sports Illustrated
curse." It seems as if any athlete who is pictured on the cover of SI
magazine invariably loses his next game or pulls a groin muscle.
Business celebrities suffer from a similar phenomenon: Amazon.com Chief
Executive Officer Jeff Bezos was named Time magazine's 1999 person of the
year just before his company's stock price tanked.
Don Hinchey, who advises buyers and sellers in naming-rights deals, doesn't
think the curse holds true in stadium and arena deals.
"You can make a case that a company is doing well when it acquires a naming
rights sponsorship, but you can't necessarily say it corresponds with a peak
in its business," says Hinchey, director of creative services for the Bonham
Group in Denver.
TRACKING NAMING FIRMS
To find out if Hinchey is right, I tracked the stock market performance of
publicly held companies since they bought naming rights to 47 big-league
sports venues in North America.
I excluded facilities named after subsidiaries of larger companies, including
Miller Park in Milwaukee (Miller Brewing is part of Philip Morris) and Pac
Bell Park in San Francisco (Pacific Bell is owned by SBC Communications,
which is putting its own name on an arena in San Antonio).
I used the announcement date as a starting point because stadium naming deals
are, after all, marketing endeavors. The announcement of a deal generates
tons of publicity, which is considered positive, even if the publicity is
negative and even if the stadium won't open for several years.
Then I compared each company's stock market performance with the Standard &
Poor's 500 index during the same period.
The bottom line: 29 of the 47 companies that bought stadium or arena names
are trading at a higher stock price today than when the deals were announced,
according to data from FactSet Research Systems. (Two companies each bought
two names and were counted twice.)
But -- and this is a big but -- only 13 of them beat the S&P 500 during the
period since their respective deals were announced.
So buying a stadium name might not be a curse, but it's no guarantee the
company will beat the market.
WINNERS, LOSERS
The companies that have done best since buying a name come from a wide
variety of industries.
The biggest winner is Qualcomm, a wireless telecommunications company.
Although its stock is down 65 percent from its peak, it's still up 746
percent since it agreed to slap its name on a San Diego stadium.
The next-biggest winners include Target (discount stores), Ericsson (telecom
equipment), Coors (beer), Fleet Financial (banking), Pepsi (soft drinks) and
Enron (energy).
The biggest losers are TWA, PSINet (Internet service provider), CMGI
(Internet incubator), Savvis Communications (telecom services) and Network
Associates (network security software).
Network Associates' stock peaked about three months after it bought naming
rights to the Oakland Coliseum in September 1998. Since then, it has suffered
a string of setbacks. After the Securities and Exchange Commission questioned
its accounting practices, it restated its financial results for 1997 and
1998. Its CEO resigned in December.
Network Associates is paying slightly more than $1 million per year for the
coliseum name. It can get out of its 10-year deal after five years.
The company "has been paying us," says Deena McClain, general counsel with
the Oakland-Alameda County Coliseum Authority. "We haven't had any
discussions with them" about changing the contract.
Most naming-rights contracts have "out clauses that allow the parties to
extricate themselves if they want, can or need to in the event of financial
difficulties or if a team moves," says Hinchey.
Although nobody likes to be associated with a loser, stadium owners may
benefit if a troubled company cuts out of a deal early.
That's because stadium name prices have skyrocketed since the mid- 1990s,
when $1 million a year -- give or take -- was average.
In 1999, FedEx agreed to pay $205 million over 27 years to be named home of
the Washington Redskins.
In 2000, CMGI agreed to pay $114 million over 15 years to have its name on
the new home of the New England Patriots. It's questionable what kind of
shape CMGI will be in when the stadium opens next year.
The "10-gallon hat of naming rights deals," says Hinchey, is in Houston,
where Reliant Energy will pay $300 million over 32 years to name the
Astrodome and a new football stadium after itself.
Some customers of Reliant's utility subsidiary were outraged when the deal
was announced because the company was also raising electricity rates.
Some shareholders also get perturbed when their company spends money on a
stadium instead of a new plant or stock dividends.
But Jim Grinstead, editor of Revenues from Sports Venues, says, "you have to
look at the (stadium) purchase in light of total marketing budget. It sounds
like big money, but frequently it's over 20 to 30 years. If you take out
things the company might buy anyway, like tickets and luxury suites, it's
small potatoes."
WHAT A DEAL IS WORTH
The main benefit of a stadium deal is the exposure a company gets when a game
is broadcast on TV or radio or mentioned in print.
"This is the biggest bang for your buck in terms of branding," says Jennifer
Keavney, a Network Associates vice president who negotiated the stadium deal.
She says the cost of her deal, about $1 million a year, "won't even buy you a
Super Bowl ad. It will buy five commercials on a nationally televised
football game, maybe."
The Coliseum, perched beside Interstate 880, also acts like a giant billboard
for the company, which frequently gets mentioned in traffic reports.
Hinchey says most naming deals also include tickets and luxury boxes; on-site
exposure through signage and kiosks; premium nights when the sponsor might
offer samples at the park; and inclusion in programs, tickets and flyers.
Most companies that strike stadium deals want to become a household name
because they sell consumer products or services.
But not always.
3Com sold nothing but corporate networking gear when it bought the name to
Candlestick Park in San Francisco in 1995.
"It was a good move for them," says Jim Grinstead, editor of Revenues from
Sports Venues. "They got the employees they were looking for, the visibility
they were looking for. At the time, they were a player in a crowded field,
and they wanted to look like a fun place to work."
Last April, 3Com extended its original 4-year contract for two more years.
The biggest risk companies run is that the team that plays in their facility
will be a loser.
"Companies invest in an entity that can enhance their brand, their sales and
hospitality efforts. Certainly that loses its luster if the team is not
performing well," Hinchey says. "But corporations realize the team's success
on the field fluctuates. It could be a champion one year, next year in the
dumps."
The same can be said about the corporate sponsors, which is something stadium
owners -- be they taxpayers or business tycoons -- must realize when they
sell a name.
PHOTO; Caption: Rich Gannon of the Oakland Raiders scored in Oakland's
Network Associates Coliseum last year. / Frederic Larson/The Chronicle 2000
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved. | {
"pile_set_name": "Enron Emails"
} |
Greetings. Just wanted to let you know that I've dropped Product Management,
E262A-1. So I can be removed from the list. Thank you. | {
"pile_set_name": "Enron Emails"
} |
If you cannot read this newsletter, please Click Here
[IMAGE]
HARRY IN NEW YORK! Exclusive footage from the Big Apple's red carpet premiere! CLICK HERE! [IMAGE] ADVANCE TICKETS! To reserve YOUR Harry Potter movie tickets for a specific theatre and showtime NOW, CLICK HERE [IMAGE] [IMAGE] THIS WEEK ON WARNERBROS.COM Check out the ultimate spot online for cutting-edge entertainment and official sites for movies, music, TV and more. For the big picture, CLICK HERE [IMAGE] AOL FOR FREE! Try the new AOL 7.0 now for 1000 Hours FREE for 45 days! 7 E-mail Addresses, Online Calendar, Instant Messaging and more, CLICK HERE [IMAGE] [IMAGE]ALL ABOARRRRRRRRRRD! How many times have YOU seen the movie? Come swap opinions with fellow Potter fans on the Harry Potter Message Boards! Discover the NEW Harry Potter emoticons, NEW formatting tools and MORE! CLICK HERE [IMAGE] [IMAGE]ALL-NEW VIRTUAL TOUR! Take a virtual walk through Diagon Alley, the place where Wizards and Witches come to shop for all their magical needs! Visit Ollivander's Wand Shop, Madam Malkin's Robes for All Occasions, Gringotts Bank and MORE! CLICK HERE [IMAGE] GO BEHIND THE SCENES! Check out the ALL-NEW production notes section with exclusive insider's information on the making of the Harry Potter movie! Look for MORE features coming soon! CLICK HERE UNSUBSCRIBE INSTRUCTIONS: If you wish to stop receiving our mailings, CLICK HERE DO NOT try to unsubscribe by hitting the reply button, as you will NOT be unsubscribed. HARRY POTTER, characters, names and related indicia and WARNER BROS., shield logo and related indicia are trademarks of Warner Bros. TM &? 2001. Privacy Policy
[IMAGE] | {
"pile_set_name": "Enron Emails"
} |
[IMAGE] Forums Discuss these points in the Forums: Forexnews Forum Technicals Live Charts Analysis available from: Cornelius Luca J.P. Chorek Technical Research Ltd. Charts & News featuring Standard & Poor's Interest Rates US: Japan: Eurozone: UK: Switzerland: 1.75% 0.15% 3.25% 4.0% 1.25-2.25% [IMAGE] [IMAGE] USD Recoups Losses, But Gains Limited on Market Holiday January 21, 2:00 AM: EUR/$..0.8834 $/JPY..132.64 GBP/$..1.4354 $/CHF..1.6619 USD Recoups Losses, But Gains Limited on Market Holiday by Jes Black US Financial Markets closed for Market Holiday. The dollar recouped the majority of its losses against the majors in light trade on Monday after profit taking trading pushed the dollar to a one-week low of 88.66 cents against the euro and a 4-day low of 132.05 yen. But currency movements stabilized after Tokyo caught up with the dollar sell off in Friday's US session and traders in London took a breather due to decreased volume ahead of the Martin Luther King Jr. holiday in the U.S. There was little economic data from Europe today to move the markets. But the euro area's industrial production figures for November showed a larger than expected decline to -4.3% from -2.7% in October, the biggest y/y drop since July 93. It was the third consecutive decline and raises the question of whether the European Central Bank will lower rates oat its next meeting on February 7 given that inflation is now at their 2% target rate. Markets will also ponder the direction of US rates this week as Fed Chairman Greenspan is scheduled to speak before the Senate Budget Committee on Thursday. The much-publicized columnist, John Berry, wrote in Saturday's edition of the Washington Post that Greenspan "sounded more pessimistic than intended about the prospects for U.S. economic recovery, according to several Fed sources." Therefore, markets are now pricing in less than a 30% chance of a rate cut at the Jan 30 meeting, leaving the majority to believe rates will hold steady at 1.75%, a 40-year low. The dollar appreciated over 6% last year vs the euro and economists are now divided over whether a further rate cut would help the dollar. EUR/USD rose to a 1-week high of 88.66 in Tokyo trade, after breaking through resistance around 88.50. The high also marked the 200-day moving average and was not broken after plunging below that level following last Tuesday's 2-cent drop. The single currency then eased slightly in London trade to support at 88.36. The real test will be on Tuesday to see if it can add to Friday's gains after falling 2% vs USD and JPY last week. The EU's statement on Friday that Eurozone GDP for 2001 could have fallen to a level between -0.3% and 0.1% is likely to keep pressure on the euro and only a break back above 89.50 is seen improving the chances of the single currency after it hit a 3-week low of 87.91 last Thursday. Key support is seen at 87.50, which marks the 31.8% Fibonacci retracement of the move from 82.25 to 95.96. Resistance is seen at 88.50 followed by 89.10, which marks the 50% Fibonacci retracement of the same move. Yet, only a move back above 89.50 would give any hope of a near term recovery as temporary moves higher are not seen by the market as indicating strength given the euro's difficulty to remain above 90-cents. USD rose to a day's high of 132.66 yen after profit taking on Friday's US session and Monday's Tokyo eroded after the dollar held above 132.00 support. USD is still off of Friday's 1-week high of 133.03 but profit taking from recent gains has not changed sentiment over a weaker yen. USD/JPY support is seen at 132.0, 131.80 and 131.60. Resistance is eyed at 133.0 and 133.35. In Japan, the BoJ published the minutes of their November 29 meeting, showing members voted 8-1 to ease monetary policy. Moreover, a Japan MoF official urged debate on BoJ buying of foreign bonds as a way to weaken the yen. Given BoJ Governor Hayami's increasing concern with deflation, it is likely that the central bank will in the near future futher increase the money supply in some fashion, which would weaken the yen. Meanwhile, U.S. Treasury Secretary Paul O'Neill's remarked on Monday that he was not planning to discuss foreign exchange at his scheduled meetings with Japanese PM Koizumi and Financial Services Minister Yanagisawa later in the day. The yen's sharp fall in recent months has drawn increasing attention after last week's rumblings in SE Asia and China over a weak yen and Friday's complaints by the National Association of Manufacturers over a strong dollar making it difficult to compete with cheaper-priced Japanese goods. But O'Neill and the administration seem ready to tolerate a weaker yen if it means Japan has banks dump bad loans, accelerate reform and deregulate markets, like the US did. GBP/USD pared earlier gains after hitting a high of 1.4418 in Tokyo and fell to a low of 1.4353 in London trade. Support at 1.4330 is seen as critical. It marks the 50% Fibonacci retracement of the move from 1.4060 to 1.4606. A break of that level would call upon 1.43 on its way to 1.4267, the 61.8% retracement of the same move. Resistance is seen at 1.4440, 1.4480, 1.450 and 1.4550. Key support is at 1.4330. Today's data from the UK showed UK public sector net cash requirement (PSNCR) jumped to 9.44 billion pounds in December from 5.4 the previous month. The figure was the biggest monthly shortfall since March 96. This does not mean public finances are in bad shape because Tres Sec Gordon Brown has accumulated surpluses in the past year. Moreover, public sector net debt outstanding was just 318 pounds, or 31.6% of GDP, which is very low figure compared to most other industrialized countries. USD/CHF rose to a high of 1.6633 after it held above support at 1.6580 following a 1-1/4 centimes loss on Friday in the wake of EUR/USD gains. Technical weakness was also apparent after two attempts to break back through resistance at 1.6725 were thwarted. Support stands at 1.6590, 1.6550 and 1.6520. Upside capped at 1.6725, 1.68 and 1.69. [IMAGE] Audio Mkt. Analysis Dollar Fails to Rise on Strong U.Michigan Articles & Ideas Philly Fed-Supported Optimism EUR/USD: Technical Analysis Articles & Ideas Forex Glossary Economic Indicators Forex Guides Link Library [IMAGE]
[IMAGE][IMAGE] [IMAGE][IMAGE]
This e-mail is never sent unsolicited. If you wish to unsubscribe from this or any other Forexnews.com newsletters, please click here . Any opinions expressed by representatives of Forexnews.com or its affiliates as to the commentary, market information, and future direction of prices of specific currencies reflect the views of the individual analyst, and do not necessarily represent the views of Forexnews.com or its affiliates in any way. In no event shall Forexnews.com or its affiliates have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of information. | {
"pile_set_name": "Enron Emails"
} |
Ken,
I was talking yesterday to David Thompson, President & C.E.O. of Cominco Ltd
(Cominco Ltd is a large Canadian Zinc Producer with mines and smelters and
have power plants).
He is very interested in some of Enron's innovative financial structures
having seen the Enron Networks prospectus.
I'm sure a call from you would help describe some of these structures and
give him the further confidence that his friends at Enron Metals are able to
work with the whole resource of Enron and provide solutions to some of his
current corporate structural dilemma's
His address and numbers are:-
Cominco Ltd.
500-200 Burrard Street
Vancouver, B.C.
V6C 3L7 Canada
Tel: 001 604 682 0611
Fax: 001 604 685 3041
For your further information we have met with Robert Adkerson, President of
Freeport and are working a deal
with him and his colleagues to structure a deal around their Spanish Copper
Business.
Thanks for your help.
Best regards,
MIKE HUTCHINSON | {
"pile_set_name": "Enron Emails"
} |
Here is a draft of the compliance filing regarding our operational control
agreement with ECS. Please let me know your comments by C.O.B. tomorrow. At
this point I'm not planning to file the agreement, just a report as requested
by the Commission.
I'm still working with ECS to finalize the agreement. Their attorney is
checking with his resident experts to make sure ECS, by expressly giving TW
Operational Control, does not somehow cross the line into retail wheeling. I
do not expect the agreement to change significantly. | {
"pile_set_name": "Enron Emails"
} |
FYI
-----Original Message-----
From: Hernandez, Alex
Sent: Thursday, March 07, 2002 3:15 PM
To: Boyt, Eric; Versen, Victoria
Subject: MCV Bidder List
Eric, Vicky:
Attached please find the revised MCV potential bidder list:
The document is also saved in the following folder: o:\gas Structuring\Bankruptcy Folder\MCV\
This is includes the additional 16 companies that Ed suggested be kept on the list. I have called all of the companies they all expressed interest, with the exception of TransCanada which sold its gas marketing company.
Alex
x54059 | {
"pile_set_name": "Enron Emails"
} |
Rodrigo,
We shall be very glad to meet you.
If you can dedicate one day to meeting the members of the Research Group I
could arrange a series of meetings with different units.
What about Sep the 11th or Sep the 12th (Monday or Tuesday)?
If you are free one evening we can have dinner together.
Vince
Rodrigo Lamas
08/24/2000 11:01 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Introduction meeting : RAC London Quants and Houston Research
Vince,
I work for the Market Risk RAC London group. I review the quantitative issues
arising from Enron Europe models.
I am in this function given my background (PhD from Imperial College-London)
and also due to my past experience
as risk manager for a brazilian investment bank and Louis Dreyfus.
My agenda includes the review of a number of deals (Wessex, TPL, Eastern,
...), as well as the
review of the construction of european gas and power price curves and their
respective volatility curves.
Currently I am devoting most of my time to the analysis of the UK gas market,
its respective
price curve and term structure of volatility.
Bjorn and David suggested it could be very productive if I had the chance to
meet you and your team
to discuss issues related to modelling prices and risk measurement tools.
I will be in Houston from the 10th to 15th September. I wonder if you could
book some time for me in
your agenda and also ask some members of your team to do the same.
Thanks,
Rodrigo | {
"pile_set_name": "Enron Emails"
} |
In case you haven't already marked your calendars, tomorrow will be my two
year anniversary with the company. The good Lord willing (and with Stan's
and Mike's continued acquiescence) I may even surpass the tenure of my two
most recent and very illustrious predecessors. Given your meteoric career
tracks, however, I'm not sure you guys would view that as a huge
accomplishment. Hope all goes well with you both. Adios from the big O.
DF | {
"pile_set_name": "Enron Emails"
} |
Attached is a black-line of the above referenced letter.
Angela D. Davis
Enron North America Corp.
1400 Smith, Suite 3842
Houston, Texas 77002
Tele. (713) 345-8347
Fax: (713) 646-3393
e-mail: [email protected] | {
"pile_set_name": "Enron Emails"
} |
Mark -
Thanks for the Monthly Reports. Do we have the same report for the 1.5s
through 2001? Is this the report you referred to last week that was going to
be revised, and that you only were going back to Jan. 2002 at this point? If
that is the case, how should I go about summarizing EA availability, ramp-up,
etc for 2001?
Thanks again,
Ilan | {
"pile_set_name": "Enron Emails"
} |
* Get the Best Interest Rate or $300 Cash from
priceline -- Guaranteed!
Dear priceline customer,
Interest rates are at their lowest point in years -- right now!
That makes this the perfect time for you to Name Your Own
Interest Rate and Terms for the home financing you need -
whether it's a new mortgage or mortgage refinancing . Click here to find out more now!
Check around for the lowest interest rate you can find. If we can't
beat or match it, we'll pay you $300!*
With pricelinemortgage you'll also receive several extras, including:
- ONLINE RATE LOCK WITH AUTOMATIC FLOATDOWN --
If interest rates go down before your closing, you'll get the lower rate.
If they go up, your low rate is locked in!
- Guaranteed low closing costs , points and rates.
- LIVE loan counselors to help you every step of the way.
Discover the pricelinemortgage difference now and save up to $1,000
in closing costs compared to other lenders. Apply online, get
guaranteed closing costs and lock in your rate in as little as 30
minutes. Try it now: http://priceline1.m0.net/m/s.asp?HB4809479027X1153272X84729X
Saving you money is what priceline is all about. Find out why more
and more people are turning to pricelinemortgage for all their home
financing needs. We look forward to assisting you!
Sincerely,
Your friends at pricelinemortgage
p.s. Please pass this e-mail along to anyone who might be interested
in saving money on a first mortgage or mortgage refinancing. Thank you!
QUESTIONS? If you have questions about these promotions or a
previous priceline request, please use the link below: http://priceline1.m0.net/m/s.asp?HB4809479027X1153270X84729X
* See website for complete details of pricelinemortgage's $300 lowest
rate guarantee.
Mortgage services provided by pricelinemortgage, an operating
subsidiary of a Federal Savings Bank. Equal Housing Lender.
********************************************************************* SPECIAL PARTNER OFFER - Get long distance service for as low as 4.5
cents per minute! No contract and no fees! For more details, click here .
*********************************************************************
When you made your priceline request, you asked to receive future
updates and news on our products and services. We hope you found this
information useful. If you would like to unsubscribe from future
updates, use the link below. http://priceline1.m0.net/m/u/plt/p.asp?e=BMCKAY%40enron.com | {
"pile_set_name": "Enron Emails"
} |
Hugoton compressor operators will not be at the station on weekends . | {
"pile_set_name": "Enron Emails"
} |
The Approval status has changed on the following report:
Status last changed by: Mark D. Davis Jr
Expense Report Name: Customer Dinner Meetings
Report Total: $194.78
Amount Due Employee: $194.78
Amount Approved: $194.78
Amount Paid: $0.00
Approval Status: Approved
Payment Status: Pending
To review this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com | {
"pile_set_name": "Enron Emails"
} |
you just now noticed...I am kidding, thanks man! oh, my dinner got cancelled
tonight, so you don't have to tape Friends,
and I forgot the tape anyways. sp
From: Clint Dean @ ENRON 05/17/2001 11:49 AM
To: Stephanie Piwetz/HOU/ECT@ECT
cc:
Subject: Re:
Yes, I was noticing when I was over there talking to you earlier.
Stephanie Piwetz @ ECT 05/17/2001 11:47 AM
To: Clint Dean/Corp/Enron@ENRON
cc:
Subject: Re:
is that a compliment, if so, thank you! | {
"pile_set_name": "Enron Emails"
} |
Attached is the responsibility listing for the 1st Qtr 2001 E-Schedules. Some changes have been made and new companies have been added, so please review the list to make sure we complete the appropriate schedules.
Due to the time frame noted below, and the review period required to get the schedules out, please try and complete your schedules by mid afternoon on Monday.
Please let Pam or I know if we are running into any problems.
-----Original Message-----
From: Vargas, Hope
Sent: Tuesday, April 10, 2001 2:53 PM
To: East, Laynie; Lum, Rosalyn; Davis, Angelic; Doroteo, Rufino; Davis, Dana; Kang, Lisa; Hardy, Stacy; Fredericks, Kristi; Dawson, Brian K.; Rance, Susan
Cc: Lamb, Marnie; Schwertner, Brian; Becton, Pam
Subject: FW: E-Schedule Due Dates
FYI
-----Original Message-----
From: Schield, Elaine
Sent: Tuesday, April 10, 2001 2:43 PM
To: Whiting, Greg; Pierce, Jody; Aune, Stacey A.; Vargas, Hope; Helton, Susan; Killen, Faith; Coffey, Jim
Cc: Rodriguez, Nadia A.; Kacal, Lynna; Hodges, Georganne
Subject: FW: E-Schedule Due Dates
Going forward, we will only need one copy of the completed E-Schedules. We will be submitting one consolidated E-Schedule to Corporate at the EGSVC4 level . With this in mind, we have staggered the due dates for each E-Schedule to allow enough time for consolidation and give you as much time as possible. Please see the attached spreadsheet for due dates, and submit each completed E-Schedule to Lynna Kacal at EB2356d by 4:00 pm on the given due date.
There are three main reasons to consolidate the E-schedules prior to submission to Corporate:
Improve the general quality of information transmitted to Corporate
Information is in a better format to assist in Balance Sheet Analysis (@ 270 entities with balances)
Corporate has been doing this (they prefer to look at the information at the BU level), and we are better suited to consolidate the information
Please be sure and distribute this information as appropriate within your group. Should you have any questions or concerns please let me know.
Thank you in advance for you cooperation.
Thanks! | {
"pile_set_name": "Enron Emails"
} |
Dear Neil,
Sorry you two missed each other last night. How would 10:30 a.m. on
Wednesday, December 13 work for you and Paul? I have pencilled it on Jeff's
calendar at that time. I'll hold it until I hear otherwise. Thank you.
Regards,
Sherri Sera
Assistant to Jeff Skilling
713.853.5984
713.646.8381 (fax)
[email protected]
Neil Kelley <[email protected]> on 12/07/2000 01:35:45 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: Genesis Park
Thanks for the reply Sherri. I missed Jeff last night at Paul's so we
didn't get a chance to talk. Paul and I would appreciate the opportunity to
set up a meeting before the holidays. I know it's going to be tough given
everyone's tight schedules, but please find below some dates that work for
Paul and me:
Dec 11 afternoon; Dec 12 afternoon; Dec 13 10:30-2:00; Dec 15 afternoon; Dec
18/19/21 all day
Please let me know if any of these dates work so we can set a firm time. If
Jeff wants to combine with lunch, that would be great too. Thanks/Neil.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, December 06, 2000 10:50 AM
To: Neil Kelley
Subject: Re: Genesis Park
Dear Neil,
Jeff asked me to let you know that he will be at Paul Hobby's open house
this evening and hopes to see you there to discuss Genesis Park and Vitol.
In the event you two do not cross paths there, please let me know and we'll
see what we can do to schedule a meeting before the end of the year.
Regards,
Sherri Sera
Assistant to Jeff Skilling
713.853.5984
713.646.8381 (fax)
[email protected]
Neil Kelley <[email protected]> on 12/01/2000 02:51:21 PM
To: "Jeff Skilling (E-mail)" <[email protected]>
cc:
Subject: Genesis Park
Jeff, I've been meaning to corner you at one of the YPO functions to spend
a
minute discussing a couple of topics. First and foremost, I wanted to
introduce Genesis Park which is a "new economy" investment company that's
been recently founded here in Houston by Paul Hobby, Fred Lummis, Steve
Gibson, Peter Shaper, Bruce Herzog and myself. Paul and I were hoping to
have an opportunity to spend 30 minutes with you in the next few weeks to
describe in person what we're all about. And to be clear, we're not
looking
for Enron money, we are raising money from private individuals. We've
already met with Jay Fitzgerald and Steve Horn to establish the
Enron/Genesis business relationship.
I also wanted to get your views on Enron's approach to oil trading and
whether the Vitol Group presented an opportunity. Frankly, I think Vitol
is
an excellent acquisition target although the success they've enjoyed in the
last year or two will make it a bit more difficult. They have an
unbelievable franchise, but they also have some fundamental weaknesses
which
could be exploited to Enron's benefit. I'm shooting in the dark here but
hopefully it's worth some discussion.
If you can free some time during this busy holiday period to meet, it would
be greatly appreciated. Paul and I could come to your office, or possibly
you could come to our "offices" over on Hermann Park. We're buying 17
acres
on Hermann Park adjacent to the Park Lane Towers which we plan to develop
into a technology park. For the time being, we are officing in a high tech
shed on the property!
Please let me know. Thanks/Neil. | {
"pile_set_name": "Enron Emails"
} |
Lisa's tags that have been withdrawn because they were late and reentered as delayed tags for Real Time:
Withdrawn Tag New Delayed Tag for Real Time
25876 25881
25765 25883
25762 25884
25880 25886
25877 25887
25879 25888
25865 25890
25889 25891
25875 25892
25871 25893
25874 25894
Susie Wilson
Enron North America
cell 503/778-1131 | {
"pile_set_name": "Enron Emails"
} |
Section B2 contains the same argument that we made to FERC in GridFlorida
(mentions California .p. 11) Due Monday 3/12. Comments welcome.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 03/08/2001
04:22 PM ---------------------------
"Andrea Settanni" <[email protected]> on 03/08/2001 03:44:02 PM
To: <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>
cc:
Subject: Revised Alliance Draft
Please see attached.
- Alliance.doc | {
"pile_set_name": "Enron Emails"
} |
I will be able to attend. Thanks
-----Original Message-----
From: Haedicke, Mark E.
Sent: Tuesday, July 17, 2001 12:02 PM
To: Aronowitz, Alan; Daniels, Eddy; Del vecchio, Peter; Edison, Andrew; Hodge, Jeffrey T.; McCullough, Travis; Mordaunt, Kristina; Murphy, Harlan; Murray, Julia; Rogers, Daniel R.; Sager, Elizabeth; Schuler, Lance; Sharp, Vicki; Smith, Mike; St. Clair, Carol; Taylor, Mark E (Legal); Tweed, Sheila
Subject: Astros v. NY Mets
Please join me for a baseball game. The Astros are playing the NY Mets on Wednesday, August, 1. The game starts at 7:05 p.m.
Please RSVP to Janette by e-mail to let her know if you will be able to attend. (Unfortunately due to the limited number of seats available in a suite, we were not able to extend this invitation to your spouse or significant other.)
Hope to see you there! | {
"pile_set_name": "Enron Emails"
} |
What do you want for tony gonzalez? | {
"pile_set_name": "Enron Emails"
} |
I will.
"Neil Mann" <[email protected]> on 05/15/2001 09:03:39 AM
Please respond to <[email protected]>
To: <[email protected]>
cc:
Subject: RE: Michael
Confirmed Charlotte will pick Michael up tomorrow and I will pick him up
today.
Do you want me to confirm with Sharon for tomorrow or will you?
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Tuesday, May 15, 2001 8:45 AM
To: [email protected]
Subject: Re: Michael
Can we swap days with Charlotte and go tomorrow? We need her to pick up
Michael if we are going to go together.
ckm
"Neil Mann" <[email protected]> on 05/15/2001 08:18:49 AM
Please respond to <[email protected]>
To: "C. Kay Mann \(E-mail\)" <[email protected]>
cc:
Subject: Michael
Sharon's phone number is 713-780-4459. She offered the following times to
meet:
Wed 5/16 @ 5pm
Thurs 5/17 @ 9:30am
Wed 5/23 @ 10am
Her e-mail is [email protected] | {
"pile_set_name": "Enron Emails"
} |
Laughing! thanks for relaying the message to your brother, I had told him I sent him an Email and he just insisted he didnt get one, now I guess we all know why ... I am glad your enjoying school so much, I look forward to seeing you for the Holidays also. Any Christmas suggestions this year? Take care- and I owe you and your brother some "hamburger money" I will take care of you guys at Thanksgiving. Take Care
Sandra
-----Original Message-----
From: [email protected]@ENRON
Sent: Friday, November 02, 2001 12:17 AM
To: Brawner, Sandra F.
Subject: Huh?
It's good to hear from you even though you wrote to the wrong nephew. How's everything going in the big H. School is going pretty well, my classes are going pretty well except one that really sucks bad. Tell everyone I said Hello. I look forward to seeing everyone at Thanksgiving, I'll relay the message to Brad.
Brandon | {
"pile_set_name": "Enron Emails"
} |
Sounds good. Mike will be here in a bit to sign.
Thanks,
Kay
"Thompson, Peter J." <[email protected]> on 01/05/2001 11:06:39 AM
To: <[email protected]>
cc:
Subject: RE: ABB Facility Agreement
I'll make the changes to 2 and 3. I don't think we need to make any
changes to the agreement with regard to item 1. The agreement already
states that the Effective Date is the date the agreement is entered
into. (See opening paragraph).
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Friday, January 05, 2001 11:56 AM
To: [email protected]; [email protected]; Thompson, Peter J.
Subject: ABB Facility Agreement
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/05/2001
10:55
AM ---------------------------
"George Kutzschbach" <[email protected]> on 01/05/2001 10:46:52
AM
To: [email protected], [email protected]
cc: [email protected], [email protected], [email protected]
Subject: ABB Facility Agreement
Kay and Carolyn:
The proposed draft of the ABB Facility Agreement should be revised in
the following respects:
1. The date of the Agreement on page one and the "Effective
Date"
should be the date the Agreement is executed.
2. Section 6.1.2 should be revised to read as follows:
Seventy-eight thousand six hundred dollars ($78,600) constitutes the
full and final payment for the Unit, except that Purchaser shall be
responsible for the payment of any and all amounts associated with any
Change Order approved after the Effective Date. The final payment of
the Purchase Amount is subject to Section 6.1.3.
3. The third and fourth sentences of Section 17.4.1 should be
amended to read as follows:
If the Maximum Liability Amount (less any unpaid portion of the
Purchase Amount) is greater than the Proper Scope Value, the difference
between such amount and the Proper Scope Value (the "Refund Amount")
shall be due to Purchaser by Seller. If the Maximum Liability Amount
(less any unpaid portion of the Purchase Amount) is less than the Proper
Scope Value, the difference between such amount and the Proper Scope
Value shall be referred to as the "Scope Value Due."
InterGen is continuing to review the ABB Facility Agreement internally
and may have further revisions.
George | {
"pile_set_name": "Enron Emails"
} |
Platts Energy Bulletin
The daily Energy Bulletin is a showcase of the top headlines posted on
platts.com (http://www.platts.com) over the past 24 hours. To view this file in
html, open the attachment at the bottom of this email. We welcome your feedback
- send your comments to [email protected]. Instructions for unsubscribing can
be found at the bottom of each issue.
March 5, 2002
What's New on platts.com?
Platts Enron Report Read about the implications of Enron's bankruptcy on the
financial and energy communities.
(http://www.platts.com/features/enron/index.shtml)
US Futures Update A weekly round-up of the US futures markets.
(http://www.platts.com/risk_management/futures/index.shtml)
Quote of the Day A selection of industry/OPEC viewpoints.
(http://www.platts.com/quote.shtml)
Advertisement:
Platts Global Energy Jobs Board and Resume Bank: Created in partnership with the
Energy Jobs Network, the Jobs Board gives you access to a pool of job seekers
and open positions across the energy industry. It's free for all job seekers,
and there is a range of packages for employers posting jobs.
(http://www.energyjobsnetwork.com/home.asp?code=platts)
Futures Round-up
NYMEX: Crude to open higher, Russia export decision eyed
NYMEX April crude oil is called to open 30 cts higher at $22.75/bbl Tuesday.
April Brent is called to open 43 cts higher at $22.36/bbl. April heating oil is
called to open 75 pts higher at 59.20 cts/gal and April unleaded gasoline is
called to open 83 pts higher at 71.54 cts/gal.
IPE Brent Focus: IPE Brent crude tests key resistance levels
The benchmark April futures contract stood at $22.25/bbl, a key resistance
level, at 1042 GMT, up 30 cts on the day having gapped higher from Monday's
close at the start of ETS electronic business earlier in the day.
News Round-up
Click on the headlines below or paste the URLs provided in your internet browser
to see the full story.
OIL:
Norway says won't attend OPEC meeting as formal observer
Norway is not planning to attend the Mar 15 OPEC meeting in Vienna as a formal
observer, a spokeswoman for the country's oil ministry said Tuesday.
(http://www.platts.com/archives.shtml#59687)
NATURAL GAS:
UK offshore plan launched to boost oil, gas recovery
The UK launched Tuesday a package of measures to remove barriers to exploiting
the UK's estimated remaining 26-to 34-bil barrels of oil equivalent,
government-industry partnership Pilot said.
(http://www.platts.com/archives.shtml#59684)
PETROCHEMICALS:
S&P says Reliance merger has 'no impact' on ratings
The proposed merger announced by Indian oil and petrochemical giant Reliance
Industries Ltd with Reliance Petroleum Ltd "will not have any impact on its
credit rating," corporate ratings service Standard & Poor's announced Tuesday.
(http://www.platts.com/archives.shtml#59676)
Advertisement:
Primedia Workplace Learning: Now you can deliver comprehensive, industrial
maintenance training to your technicians -- anytime, anywhere. PRIMEDIA
Workplace Learning's Web-based maintenance training features world-renowned NUS
Training (TM) content plus powerful records-management tools, saving you both
time and money. View our 4-minute online demo: http://216.92.125.24/pri2.htm
(http://216.92.125.24/pri2.htm).
ELECTRIC POWER:
US high court upholds FERC open-access rulemaking
The US Supreme Court Monday morning upheld the Federal Energy Regulatory
Commission's landmark open-access rulemaking Order 888, putting aside state
complaints that the commission overstepped its jurisdiction in its effort to
usher in wholesale competition. (http://www.platts.com/archives.shtml#59660)
NUCLEAR:
Brunswick-1 sets LWR world record with 707-day run
US Brunswick-1 shut for a refueling outage Mar 1 after setting a world record
for light water reactors (LWRs) by running continuously for 707 days, five
hours, and 39 minutes. (http://www.platts.com/archives.shtml#59659)
COAL:
University of Northern Iowa issues solicitation
University of Northern Iowa currently expects to receive bids through May 2 on
15,000 tons of coal with an option to purchase an additional 5,000 tons over a
one-year period beginning this summer.
(http://www.platts.com/archives.shtml#59661)
To see the past five day's headlines posted on platts.com
go to Platts archives (http://www.platts.com/archives.shtml).
Upcoming Events:
Platts Policies and Methodology Forum, Platts will hold an open forum to discuss
its policies and methodologies on Sunday, March 17 at the Marriott Rivercenter
Hotel in San Antonio, Texas. The forum will be held in conjunction with the
annual meeting of the National Petroleum Refiners' Association. For further
details and to register go to
http://www.platts.com/oil/SanAntonioForum/sanantonioforumregister.shtml
4th Annual ELECTRIC POWER Conference & Exhibition, "Where the Operating
Companies Meet", Over 10 co-located events, 500 exhibiting companies and 6,000+
attendees. March 19-21, 2002, America's Center, St. Louis, Missouri. Organized
by The TradeFair Group, and Sponsored by POWER Magazine and Platts.
(http://www.electricpowerexpo.com/currentshow/home.asp)
"Grid Business: The Midwest," an Electrical World Roundtable in cooperation with
R.J. Rudden Associates and the United States Energy Association. March 20-21,
2002, in St. Louis, Missouri.
(http://www.platts.com/gridbusiness/index.html)
"Navigating the Perfect Storm: Charting Power Generation Success," the 17th
Annual Global Power Markets Conference. March 24-26, 2002, in New Orleans.
(http://www.platts.com/electricpower/GPMConf2002/index.shtml)
Advertisement:
Platts Global Energy Buyers' Guide: The Buyers' Guide encompasses thousands of
products and services needed worldwide by companies involved in the generation
and delivery of electric power and its related services. It is a dynamic
information service, updated daily as companies enter the market, merge or
change their product/service offerings.
(http://www.mediabrains.com/client/platts/bg1/search.asp)
PLATTS' MAGAZINES:
Global Energy Business - Top 250 Energy Companies
The first annual survey by Global Energy Business of financial performance for
leading energy companies worldwide presents year 2000 data--assets, revenues,
profits, earnings per share, and return on invested capital--for firms with
assets exceeding $2 billion. Data were supplied by Standard & Poor's, a unit of
The McGraw-Hill Companies, New York, from its Compustat data base.
(http://www.platts.com/business/issues/0201/0201geb_top250.shtml)
Want more information on Platts products? Browse the Platts Infostore at
http://www.platts.com/mhe_infostore/cgi-bin/infostore.
You can also email Platts sales team at [email protected] or check for the details
of your nearest sales representative in our list of Platts offices at
http://www.platts.com/about/offices.shtml.
To email an editor, click on
http://www.platts.com/oil/editorialquestions.shtml?EnergyBulletin.
For information on how to advertise on the Platts Energy Bulletin or on
platts.com contact [email protected].
To unsubscribe from the Energy Bulletin, please click here and complete the
'UnSubscribe" form.
(http://platts1.platts.com/cgi-bin/register/register.cgi?submit=UnSubscribeForm)
You should receive a response telling you that you have been unsubscribed. If
you are experiencing problems, email us at [email protected]. | {
"pile_set_name": "Enron Emails"
} |
Done
Jackie Young
02/18/2000 09:57 AM
To: Daren J Farmer/HOU/ECT@ECT
cc: Victoria Versen/HOU/ECT@ECT
Subject: Re: 98-6892 Overflow
Daren,
Per Victoria Versen, you can roll deal 166888 forward for one day to cover
the 14 decatherms that flowed on the 15th.
Thanks
-Jackie-
3-9497
Daren J Farmer
02/17/2000 10:44 AM
To: Jackie Young/HOU/ECT@ECT
cc:
Subject: Re: 98-6892 Overflow
jACKIE,
You need to talk to the East desk to see if they were allocated this extra
gas on the 14th and 15th. If they were, we can change the deal. If not, the
pipes will need to balance out during the next flow day.
D
Jackie Young
02/17/2000 08:37 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: 98-6892 Overflow
Can you please extend sitara deal ticket 16888 to the 15th? 14 dec. flowed
on this day.
Thanks
-Jackie- | {
"pile_set_name": "Enron Emails"
} |
David:
Enclosed for your review is a draft amendment letter for the above
counterparty. All of the requested chnages are driven by the fact that BPA
is a federal agency. I look forward to hearing from you.
Carol | {
"pile_set_name": "Enron Emails"
} |
Can you eat lunch at 11:45? SS | {
"pile_set_name": "Enron Emails"
} |
Immensely helpful. Thanks so much. That's all I'll need. FYI. My plane
lands at 12:20 and I'll be going directly to the Woodlands. Oh, one thing.
If you could get info to Joseph on where the Woodlands is and where I need to
go once I arrive there, I'd be eternally indebted.
Best,
Jeff
Ginger Dernehl@ENRON
09/18/2000 11:53 AM
To: Jeff Dasovich/SFO/EES@EES
cc:
Subject: Re: Tomorrow's Meeting at the Woodlands
I am in the process of putting something together right now. It looks like
the meeting will begin tomorrow at 1pm and continue through the evening (if
necessary). Rick has only made arrangements for the one day (Tuesday). I do
not have an agenda, but Rick and Jim have asked that a notebook be put
together with information (e:mails, attachments, etc...) from way back when
to the present. Also, just FYI, I have made arrangements for a deli lunch to
be provided in the room beginning at 12:30pm. (detailed e:mail to follow)
I hope this helps and please call me if you have any questions.
gngr
Jeff Dasovich@EES
09/18/2000 11:18 AM
To: Ginger Dernehl/NA/Enron@Enron
cc:
Subject: Tomorrow's Meeting at the Woodlands
Hi:
Hope you had a nice weekend. Sorry I missed you all in Washington. Rick's
asked me to attend the meeting at the Woodlands tomorrow. Do we have a list
of attendants/agenda? No big deal, but would help me in preparing for the
meeting. I'm assuming that the meeting takes place tomorrow only? I'm
staying through Wednesday, nonetheless, and have booked a room at the
Lancaster. But if the meeting's going to continue through Wed, I was
wondering if I should be staying at the Woodlands. Thanks (as always) for
you help.
Signed,
Clueless | {
"pile_set_name": "Enron Emails"
} |
Thanks very much. I knew he'd call you back.....
Best,
Jeff
-----Original Message-----
From: Hedy Govenar [mailto:[email protected]]
Sent: Wednesday, September 26, 2001 5:21 PM
To: Kaufman, Paul; Sue Mara; Rick Shaprio; Bev Hansen; Jeff Dasovich;
Karen Denne; Steffes, James D.; Scott Govenar; Mike Day
Subject: [Fwd: Special Session #3] | {
"pile_set_name": "Enron Emails"
} |
We face two parallel tracks in the Senate in the coming weeks between now and
the start of the congressional recess for one week on June 29th.
In the Senate Energy and Natural Resources Committee, we will be facing
efforts by pro-price caps forces who will use the committee "bully pulpit" to
pressure FERC into more action. This effort is led by incoming chairman
Bingaman with support from Majority Leader Daschle. They are saying they
will consider acting on the Feinstein-Smith price cap legislation unless FERC
takes unspecified additional action by the end of this month.
The new track in the Senate will be in the Governmental Affairs Committee
chaired by Sen. Lieberman (D-CT). While this committee does not have the
legislative jurisdiction over energy that the Energy Committee does in terms
of moving legislation, the Governmental Affairs Committee has broad
oversight and investigatory jurisdiction over all federal agencies, including
FERC. New chairman Lieberman held his first press conference as chairman
today and said addressing high energy prices would be a priority.
In that vein, the committee is expected to hold a hearing on June 13
featuring some of the economists who wrote a letter in favor of price caps
last month. We are checking with the Republican staff to make sure that the
anti-price cap economists (the majority of the discipline, of course) will
also testify. We also brief committee members and staff with our arguments
against price caps and the latest publicly available market data. On June 20
the committee will hold a hearing on whether FERC has properly exercised its
duties under the Federal Power Act to make sure that wholesale power rates
are just and reasonable. We are going to meet with the committee majority
staff, but we presently expect this hearing to have political witnesses
(i.e., elected officials, possibly including Gov. Davis).
We must keep in mind that Sen. Feinstein had earlier written to Chairman
Lieberman asking for a hearing on the California energy situation, including
relationships between FERC and those it regulates (citing the NY Times
article involving Enron and Chairman Hebert). There is at present no
indicationi that either hearing will address this matter. We are, as you
might imagine, paying close attention to this situation.
Over in the House, Energy and Commerce Chairman Tauzin has said he will write
to FERC asking them to extend the April 26 price mitigation order to the
entire west and to extend it to 24/7. He also asks FERC to see if it can
implement "negawatts" demand reduction administratively. We are in the
process of obtaining a copy of the letter, which has not yet been made public.
Also in the House, we expect congressional committees to begin marking up
portions of the President's energy legislation and related topics as the
month unfolds. | {
"pile_set_name": "Enron Emails"
} |
Will do and will make sure that there are no GTC changes in the near future.
-----Original Message-----
From: Kitchen, Louise
Sent: Monday, October 29, 2001 9:34 PM
To: Gray, Barbara N.; Puthigai, Savita; Taylor, Mark E (Legal)
Cc: Richter, Brad
Subject: RE: GTC Change for removal of HPL language
Do the innocuouss route and send them a letter stating you will change it at the next available/scheduled GTC change would be my suggestion.
Also just to confirm no GTC changes on anything for the near future.
Thanks
Louise
-----Original Message-----
From: Gray, Barbara N.
Sent: Monday, October 29, 2001 2:52 PM
To: Puthigai, Savita; Kitchen, Louise; Taylor, Mark E (Legal)
Cc: Richter, Brad
Subject: RE: GTC Change for removal of HPL language
Savita,
As we have discussed, when Enron sold HPL to AEP, Enron specifically agreed that all rights to the name "Houston Pipe Line Company" as of June 1,2001, were the sole property of AEP/HPL and that no Enron Entity would use that name.
On or about the first of June, the EOL Long Product descriptions were modified to provide that notwithstanding that the GTC's for physical natural gas provided that all Enron transactions in Texas were to be deemed HPL transactions, that such language was overridden by the Long Product description.
Notwithstanding this modification to the Long Product description, AEP is claiming that the continued use by EOL in EOL's GTC's violates the Purchase and Sale Agreement and impinges on its trademark "HPL". As we discussed last week, we have received a letter from AEP threatening a lawsuit if we do not immediately remove the references to HPL from the EOL GTC's.
Based on what has been happening in the past several days, I completely concur that we should not require that any EOL Counterparty "re-accept" the physical natural gas GTC's in order to trade with ENRON.
I advise that we either (i) do nothing and risk being sued by AEP, or (ii) that we forget about making any other "cleanup" changes requested by Stacy and merely notify the applicable Counterparties that as evidenced by the Long Product description for physical natural gas transactions, all such transactions will continue to be with Enron, not HPL, and that the EOL GTC will be modified as of [date] to eliminate any reference to HPL.
I would suggest that this notification be done as innocuously as possible....such as on the remittance statements in/on our checks to these Counterparties or on our invoices. We should not ask any Counterparty to sign or return anything to reflect this, nor should we request any reacceptance of out EOL GTC .
You have inquired as to the possibility of getting AEP to enter into an agreement with Enron to not change our online GTC at this time. Frankly, at the present time the relationship between Enron and AEP is quite antagonistic..... we have several matters pending which need to be resolved.......in order to reach some type of agreement with them regarding use of the HPL name we would need to "make it worth their while"..... and due to some of the positions Enron is currently taking, AEP would probably refuse to enter into any such side agreement with or without costly concessions .
Thus, as I stated earlier, we should either "do nothing" and wait for the lawsuit....or go the "innocuous notice" route.
I have spoken with Mark Taylor and he concurs that under the current circumstances, these are preferable routes to the POP-Up and reacceptance route which had been in the works for the past few months.
Please fell free to call me with any questions or comments. If we decide to go the "notification route", I will promptly draft the exact language to be used.
Best Regards
Barbara
-----Original Message-----
From: Puthigai, Savita
Sent: Monday, October 29, 2001 10:35 AM
To: Kitchen, Louise; Taylor, Mark E (Legal)
Cc: Gray, Barbara N.; Richter, Brad
Subject: RE: GTC Change for removal of HPL language
Hi Mark, Barbara,
Can we work something out with AEP whereby we don't change the online GTC for sometime? We do have language in the Product Long Description that adresses the sale of HPL. Is there any other way we can allay AEP's concern that counterparties logging onto EnronOnline are confused about the actual ownership of HPL. Thanks.
Savita
-----Original Message-----
From: Kitchen, Louise
Sent: Monday, October 29, 2001 10:04 AM
To: Puthigai, Savita
Subject: Re: GTC Change for removal of HPL language
Not in the near future
--------------------------
Sent from my BlackBerry Wireless Handheld | {
"pile_set_name": "Enron Emails"
} |
Hey Anita, I changed the price and attached is my calculation. Your rates
are close enough as far as I'm concerned though.
---------------------- Forwarded by Chris Germany/HOU/ECT on 04/11/2000 08:13
AM ---------------------------
[email protected] on 04/11/2000 07:48:51 AM
To: [email protected]
cc:
Subject: Cook School Road and Nora Rates
I came up with $2.60218 on Cook School Road for March and $2.93210 for April
(using new fuel rate). Maybe I'm calculating it wrong! Tell me how you
calculated it.
For Nora I got the same rate you did $2.11 | {
"pile_set_name": "Enron Emails"
} |
Brian,
Don't worry about comprimising our trading position because I think AEP via the HPL employees already have a general idea of what we have been doing with storage; plus they will need to know as of close anyway.
Tom
-----Original Message-----
From: Redmond, Brian
Sent: Wednesday, May 09, 2001 12:09 PM
To: Schwieger, Jim
Cc: Martin, Thomas A.; Gray, Barbara; Coffey, James; Baumbach, David; Colwell, Wes; Soignet, Kenny; Koehler, Anne; Carroll, Lillian
Subject: RE: Bammel Working Gas Sale To AEP
Thanks Jim S.
I suggest that we notify AEP of this amount during our meeting with them this week. We also need to develop a process of how we are going to update them of the impending volumes at the end of May without compromising our trading position.
Tom M. please discuss with Jim and we can cover at the meeting on the June bid week deal approval process that Lillian is arranging.
Brian
-----Original Message-----
From: Schwieger, Jim
Sent: Wednesday, May 09, 2001 11:58 AM
To: Redmond, Brian
Cc: Martin, Thomas A.; Gray, Barbara; Coffey, James; Baumbach, David; Colwell, Wes; Soignet, Kenny
Subject: Bammel Working Gas Sale To AEP
As of today May 9, 2001 Bammel has working gas of approximately 20.3 TBTU. Economics are favorable to keep injecting. I estimate that injections will average around 1TBTU per week through May 31, 2001 which would result in another 3+ TBTU beibng injected. At the current pricing level this means that AEP would owe Enron somewhere around $98 million. Is this something Accounting should be working into the AEP settlement to pay Enron on June 1, 2001? Should AEP be notified of the volume and approximate value. Is there anything that needs to be done contractually other than the original agrrement to facilitate this transaction? I just wanted to make sure everyone is aware! Please let me know your thoughts. | {
"pile_set_name": "Enron Emails"
} |
For your review and comment.
-----Original Message-----
From: Ngo, Tracy
Sent: Wednesday, October 31, 2001 7:16 PM
To: Bradford, William S.; Schneider, Chip; Sacks, Edward
Cc: Yoder, Christian; Hall, Steve C. (Legal)
Subject: Ring Trade Confirmation - template
Importance: High
RAC:
Here's the template for the off-market transactions.
Tracy | {
"pile_set_name": "Enron Emails"
} |
Richard,
I would like to inform you that we decided against participation in your
project.
Thanks for your interest in having Enron involved in the study.
Vince Kaminski | {
"pile_set_name": "Enron Emails"
} |
Please see attached! | {
"pile_set_name": "Enron Emails"
} |
[IMAGE] [IMAGE]
[IMAGE]
Dear Amazon Customer,
This month Amazon.com turns 5. As we hit this milestone, we're reflecting on
all you've done to help us make our store a great place to shop. Without
your help and support, we simply wouldn't be where we are today. So we
wanted to do something fun to thank you. That's why we created Five Years
of Favorites, a special area of Amazon.com that combines a bit of nostalgia
with customer wit and wisdom. We've also sprinkled extra savings onto our
everyday low prices.
[IMAGE]
[IMAGE]
[IMAGE]
Many, many thanks for shopping with us. We hope you'll drop in on the
party. It runs from 7/14 to 7/24.
Sincerely,
[IMAGE]
David Risher
Senior VP and Avid Amazon.com customer since January 1996
PS Plus, we've culled the best--and worst--of five years of our two
million-plus customer reviews, showcasing the products you love, and the
ones you love to loathe. With your help, we expose the secret shame of the
Ant Farm . And we pose weighty philosophical questions such as, Babe, Pig
in the City worthy sequel or, as one customer puts it, "Babe, pig of death
and destruction?"
[IMAGE]
We hope you enjoyed receiving this message. However, if you'd rather not
receive any future e-mails of this sort from Amazon.com, please visit your
Amazon.com Subscriptions www.amazon.com/subscriptions) page and uncheck the
box that says "Amazon.com Updates & Special Offers."
[IMAGE] Want to adjust your e-mail preferences? Click here.
?
Please note that this message was sent to the following e-mail address:
[email protected] | {
"pile_set_name": "Enron Emails"
} |
Attached is a draft version of my welcome and customer communication presentation. Lynn - will you please check to see if you agree with my slide on customer milestones (particularly the reference to TMS reports) | {
"pile_set_name": "Enron Emails"
} |
I have corrected the differential pricing(calc sheet prices) for 01/01 &
02/01. You should be able to redraft now. Let me know when you want to
discuss the trigger price discrepancies. Thanks.
PL | {
"pile_set_name": "Enron Emails"
} |
BLOOMBERG
No Errors
PREBON WEST
Mike Swerzbin
DEAL 571801
Prebon does not recognize
AMEREX WEST
Dianna Scholtes
deal 572245
Amerex shows term as BOM we have in as 4/6-4/7 | {
"pile_set_name": "Enron Emails"
} |
Please see attached. The changes are marked. Let me know if you have comments and/or questions.
Francisco Pinto-Leite
Enron Americas
1400 Smith Street, EB 3888
Houston, TX 77002-7361
Tel: 713-345-7942
Fax:713-646-3490
[email protected] | {
"pile_set_name": "Enron Emails"
} |
As you are probably already aware, Enron has been named the Most Innovative
Company in America for the past five years. What do you think we can do to
hold this rank? By finding new ways to manage our intellectual talent? By
creating new products that can be traded as a commodity? By developing new
e-commerce activities for our business unit efforts? By sharing knowledge
across the company and implementing competitive intelligence activities?
What do you think? What are your ideas?
The eThink Team has opened up a category in eMeet at ethink.enron.com for you
to share your comments, suggestions and ideas. Please join us on this
company-wide effort to stay ahead of the competition.
NEW & IMPROVED: we have now installed a "trigger response method" onto the
eMeet system. If you enter your email address while creating a topic, you
will be sent an email when someone has responded to your topic!
eThink: Invest Your Mind | {
"pile_set_name": "Enron Emails"
} |
Start Date: 1/21/02; HourAhead hour: 12; HourAhead schedule download failed. Manual intervention required. | {
"pile_set_name": "Enron Emails"
} |
Frank
Per your request to our phone conversation, please find below the list of duplicate oasis requests that we are asking PJM to refund or annul because of system problems experienced by Enron on the PJM transmission site.
7/01/2001 Request that trans id 99409 be annulled (duplicate of 99408)
7/05/2001 Request that trans id 99639 be annulled (duplicate of 99637)
7/06/2001 Request that trans id 99688 be annulled (duplicate of 99683)
7/08/2001 Request that trans id 99754 & 99757 be annulled (duplicate of 99749)
7/13/2001 Request that trans id 100090 be annulled (duplicate of 100089)
7/13/2001 Request that trans id 100078 be annulled (duplicate of 100077)
please call me if you have any questions or need anything else from Enron in order to get the corrections made to the above transmission request. Thanks you for your attention to this matter. Please respond back to me when the changes have been made and Enron's back office can check out mw's and $'s for the month of July.
Patrick Hanse
Enron Power Trading
713-853-3806 | {
"pile_set_name": "Enron Emails"
} |
T H U R S D A Y E V E N I N G E X T R E M E M A R K E T S
A complimentary service from INO.com ( http://www.ino.com/ )
Thursday: The CRB Index is lower 1.15 points to 184.18. The
US Dollar Index edged higher by 0.08 points to 114.35.
The Dow Industrials trended lower by 69.75 points, at 9163.22, while
the S&P 500 edged lower 8.48 points, last seen at 1068.61. The
Nasdaq Composite edged higher by 6.38 points to 1652.72.
_____________________________________________________________________
*FREE: 20 PAGE TRADERS HANDBOOK
Discusses The Reversal Day Phenomenon
http://www.ino.com/specials/tradersnet/reversal.html
_____________________________________________________________________
THE SECRET TO MAKING ONE MILLION DOLLARS
http://store.ino.com/sale/1E78A/FMC5445-OneMillion
_____________________________________________________________________
Dear Trader:
Power-packed Videotape Workshop Shows You How to Turn . . .
$25,830 into $204,000 . . .
$44,652 into $462,797 . . .
and $70,482 into $877,500 -
Without Using a "Holy Grail" Trading System!
Discover powerful methods that can help you make more
money in the next five years than most people make in
their entire lives.
These incredible techniques are:
>> EASY to understand!
>> EFFECTIVE in any market!
>> COMPATIBLE with virtually any trading system!
>> PROFITABLE for both short- and long-term traders!
>> DESIGNED to increase profits without increasing risk!
Are you willing to invest a few short hours of your time
to learn how to make $1 Million?
"No matter what strategies, tools or trading systems you
currently use, the methods in my course can supercharge
your trading profits by up to 500% per year...GUARANTEED!"
- Ryan Jones, Trading Whiz Kid
Whether you trade stocks, futures or options, INO.com
invites you to try the very methods that turned one man's
$30,000 account to $540,000 in just one year!
CLICK HERE FOR FREE 9 PAGE BROCHURE
AND TRADING LESSONS!
http://store.ino.com/sale/1E78A/FMC5445-OneMillion
<a href="http://store.ino.com/sale/1E78A/FMC5445-OneMillion">Secret to Making $1 Million</a>
Order Toll Free 800-538-7424 - 410-867-7424
All claims on third-party products are made by the publisher
and not by INO.com. All Products Guaranteed.
_____________________________________________________________________
E X T R E M E M A R K E T C O M M E N T A R Y
_____________________________________________________________________
LIVESTOCK: December live cattle closed down $0.20 at $66.95
today. Prices closed near the session low on reported commercial
selling, after briefly probing above $68.00 early in the session.
Poor boxed beef movement today offset ideas that cash cattle prices
might trade steady to firmer this week. There were early reports from
Nebraska that quoted dressed beef prices 50 cents higher than last
week.
December lean hogs closed up $0.10 today at $50.47. A firmer cash hog
market today limited selling interest, as did lighter hog marketings
the past couple days. Still, the bulls are on the ropes in this
market.
GRAINS: December corn futures closed 2 3/4 cents lower at $2.05
today. Prices closed at the session low. Weekly export sales came in
about as expected and the market continues to feel pressure from
harvest and uninspired demand. There was no follow-through buying
interest today, so a bullish key reversal was not confirmed.
November soybeans closed 3 1/4 cents lower at $4.30 3/4 today.
Despite very solid weekly export sales figures for soybeans, meal and
oil, reported early this morning, the markets could not rally on that
news. This is an ominous sign for the bulls for at least the near
term. There was no follow-through buying today, so a bullish key
reversal up was not confirmed.
December Chicago SRW wheat closed off 1 3/4 cents at $2.83 today.
Prices pushed to a fresh seven-week high today, but could not hold
gains and closed near the session low. Still, bulls should not be too
displeased by today's price action. The recent rally in Dec. wheat
raises the possibility of a double-bottom reversal pattern developing
on the daily bar chart. This morning's weekly export sales figures
came in about as expected and were not market-moving. First
resistance is now seen at $2.88. First support lies at the $2.80
area.
SOFTS: March N.Y. sugar closed 7 points lower at 6.56 cents today.
Prices took a "rest day" today after pushing to a fresh two-week high
Wednesday. The bulls have seen a nice mini run since the lows scored
a little over a week ago. But overall, bears still have a technical
edge.
December N.Y. coffee closed 85 points higher at 45.60 cents today.
Prices pushed to a high of 47.50 before backing off and closing near
the session low. This week's activity in coffee is a bit encouraging
to the bulls. However, it's too early to make anything significant
out of it. Any increase in volatility at these low price levels will
favor the bullish camp.
December N.Y. cocoa closed $8 lower today, at $1,058. Prices took a
"rest day" today after scoring a bullish key reversal up this week.
Bulls are gaining momentum. If they can push prices back above the
$1,086 level and fill the downside gap created on the daily bar chart
a couple weeks ago, then bulls will be right back in the ball game.
December cotton closed 35 points lower at 31.18 cents in quiet
trading again today. Solid USDA weekly export sales for cotton failed
to lift the market. But I do look for some more short covering in the
coming sessions, but make no mistake: bears are in command.
November orange juice on Wednesday afternoon closed at 85.85. That's
off 25 points from the Tuesday evening close. Prices are due for some
corrective consolidation after the recent big gains. Bulls have the
edge. Last week's USDA Florida orange figure was termed bullish.
METALS: December COMEX gold futures closed off $4.20 today at $279.80
an ounce. More technical damage was done today as prices fell below
the $280 level. Bears are poised to push prices on down to the $275
area in the near term.
December silver futures closed $0.107 lower at $4.263 an ounce today.
Prices hit a fresh five-week low today as prices fell down into the
upside gap area on the daily bar chart that was created in early
September.
December N.Y. copper closed 70 points lower at 63.20 cents. Prices
today dropped to a fresh contract low of 63.00 cents. Bulls' hopes of
some "basing" activity the past couple weeks have been dashed. Prices
need to push above 66 cents and see a couple closes above that level
before the bulls get much confidence. Next support is seen at 63.00
cents--the contract low.
ENERGIES: December crude closed off $0.50 at $21.60 today. Prices
dropped to another fresh four-week low today. A big bear flag
continues to form on the daily chart. If there is a downside breakout
from this big bear flag, which may be occurring right now, the
measuring implications point to possible losses to well below $20.00
per barrel.
December heating oil closed off 128 points, at .6162 today. Prices
today matched the September low and are poised for more losses. It
looks like a big bear flag is forming on the daily bar chart, and
this week may have been the downside breakout from that pattern.
December unleaded gasoline closed 126 points lower at .5737 today.
Prices scored another fresh yearly low today. It looks like prices
have broken out on the downside of a bearish pennant pattern on the
daily bar chart this week.
December natural gas closed $0.117 higher at $2.82 today. The nat gas
market is acting well, given the liquid energies continue to
deteriorate. Prices pushed to a fresh five-week high Wednesday. Bulls
have gained a bit of momentum, but bears have the overall advantage.
STOCKS, FINANCIALS, CURRENCIES: The December Euro currency closed 13
points higher today at .9023. Bears have gained confidence recently.
Prices are presently trading below a
five-week-old downtrend line drawn off the September and October
highs.
The December Japanese yen closed up 7points at .8285 today. Prices
pushed to a fresh two-month low just Tuesday. Bears have control of
the yen. A steep four- week-old downtrend line is in place on the
daily bar chart. Next support is seen at 8236 level and then the
.8200 level. First resistance is seen at the .8350 area.
The December Swiss franc closed 17 points higher at .6118 today.
While a steep four-week-old downtrend line is in place on the daily
bar chart, a longer-term 3.5-month-old uptrend line on the daily bar
chart remains intact. The stage is set for bulls and bears to do
battle this week.
The December Canadian dollar closed 35 points lower at .6328 today.
Significant technical damage occurred in this currency today, as
prices dropped sharply and are right back down close to the April and
September lows.
The December British pound closed 14 points lower at 1.4410. It was
another quiet day today. The recent collapse in volatility makes me
suspect a bigger price move is on the horizon. Bears have the slight
edge. Technical damage has been inflicted recently.
The September U.S. dollar index closed 4 points lower at 114.74
today. Bulls have made progress recently, but need to keep the
pressure on the bears. It appears a head-and- shoulders bottom
reversal pattern has formed on the daily bar chart.
December U.S. T-bonds closed 3/32 higher at 106 26/32. Bulls are
having a very good week, so far, and they needed it. Bulls can
correctly argue this market was due for some corrective
consolidation. The charts are still favoring the bulls. However, very
strong resistance located just above the 107 even area stopped
another bull run in bonds recently.
December S&P 500 futures closed slightly lower today. Today there was
follow-through selling and a bearish key reversal down was confirmed
on the daily bar chart. Friday's price action, heading into the
weekend, will be extra important for the index. The growing anthrax
scare has spooked traders this week.
Daily Extreme Commentary is brought to you by GLOBALcharts,
INO.com's end-of-day charting software for Futures, Futures
Options and Optionable Stocks. http://www.globalcharts.com
Search the INO Store - http://store.ino.com/
_____________________________________________________________________
I N O N E W S
_____________________________________________________________________
CFTC Adopts More Flexible Regulations For Intermediaries
http://news.ino.com/press/?release=27081
SEC Announces System For Identifying Terrorist Transactions
http://news.ino.com/press/?release=27080
NYBOT Announces New Margin Requirements For FINEX
http://news.ino.com/press/?release=27079
Futures In Benzene And Mixed Xylenes Starting Oct. 19
http://news.ino.com/press/?release=27078
____________________________________________________________________________
E X T R E M E F U T U R E S
____________________________________________________________________________
Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/futures/
WINNERS
NGZ1 Henry Hub Natural Gas Dec 2001 2.800 0.117 +4.33
SCZ1 Brent Crude Oil Dec 2001 20.55 0.56 +2.66
NDH2 NASDAQ 100 Index Mar 2002 1350.50 35.00 +2.66
KCU2 Coffee 'C' Sep 2002 52.00 1.30 +2.54
OZ2 Oats Dec 2002 135 3 +2.27
AFN3 Aluminum Jul 2003 0.6560 0.0145 +2.18
LBX1 Random Length Lumber Nov 2001 223.20 4.60 +2.10
PBN2 Frozen Pork Bellies Jul 2002 72.150 1.150 +1.59
OJX1 Orange Juice Froz. Conc. #1 Nov 2001 86.95 1.10 +1.28
RRU2 Rough Rice Sep 2002 5.060 0.060 +1.20
LOSERS
DAZ1 BFP Milk Dec 2001 10.90 -0.55 -4.80
LBU2 Random Length Lumber Sep 2002 255.20 -9.80 -3.70
AGZ1 Silver 1,000 oz. Dec 2001 4.206 -0.144 -3.31
PNX1 Propane Nov 2001 0.3910 -0.0130 -3.22
SIK2 Silver May 2002 4.307 -0.128 -2.90
DBZ1 Butter Dec 2001 136.000 -4.000 -2.86
XOZ1 Oats Dec 2001 183 3/4 -5 -2.66
PLV1 Platinum Oct 2001 431.3 -10.9 -2.48
QLZ1 Central Appalachian Coal Dec 2001 34.25 -0.85 -2.42
OZ1 Oats Dec 2001 183 3/4 -4 1/4 -2.26
____________________________________________________________________________
E X T R E M E S T O C K S
____________________________________________________________________________
Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/stocks/
WINNERS
DECT DECTRON INTL 7.4500 3.3600 +82.56
RIT RIGHTCHOICE MNGD CARE INC(DEL) 62.10 17.14 +38.00
TIVO TIVO INC 5.5400 1.0500 +23.08
BONZ INTERPORE INTL 8.2822 1.5000 +21.28
TESTC TEST SECURITY 43.5500 7.5100 +20.86
LABL MULTI-COLOR CORP 21.0300 3.8500 +20.37
IPIC INTERNEURON PHARMACEUTICALS 5.6500 0.8700 +18.20
TELM TELLIUM INC 5.1100 0.7500 +17.05
ISSX INTERNET SECURITY SYSTEMS INC 25.2300 3.5600 +16.29
OLN OLIN CORP 14.60 2.03 +15.96
LOSERS
CPWM COST PLUS 16.9300 -6.3200 -27.71
SURE SUREBEAM CORP'A' 8.2000 -3.0900 -27.47
MNS MSC.SOFTWARE CORP 9.90 -2.75 -21.74
CPHD CEPHEID 5.4300 -1.2600 -18.86
DMRC DIGIMARC CORP 11.5600 -2.5600 -18.44
MIMS MIM CORP 10.6200 -2.2700 -17.53
TTN TITAN CORP 18.62 -3.89 -17.27
ESRX EXPRESS SCRIPTS INC 40.2900 -7.9200 -16.49
RX IMS HEALTH 22.89 -4.47 -16.34
SLNK SPECTRALINK CORP 14.6800 -2.6800 -15.67
*FREE: 38 PAGE BOOKLET - "TRADING TACTICS of the PROS"
A must read!! Written by a legendary trader.
http://www.ino.com/specials/firstamerican/tactics.html
_____________________________________________________________________
T H A N K Y O U
_____________________________________________________________________
Thank you for subscribing to the Extreme Markets Daily Digest from INO.com
( http://www.ino.com/ ). If you want to subscribe to our other email
services, or would like to modify your profile please visit
http://www.ino.com/email/.
To subscribe a friend, visit:
http://www.ino.com/email/
To unsubscribe, visit:
http://www.ino.com/email/remove/[email protected]&list=evening
--
Copyright 1998-2001 INO.com. All Rights Reserved. | {
"pile_set_name": "Enron Emails"
} |
attached is a copy of my california testimony. The proceeding was somewhat
productive, but turned into a witch hunt at a couple of points. Our view on
this is: the problem is fairly straightforward (demand increases and new
supplies are inhibited so prices go up and shortages ensue ... sound
familiar?) and the solutions are straightforward (site the power plants
suppliers are begging to build, let the utilities hedge outside the exchange,
and finish the job of opening the interstate grid so power can get from where
it is to where it is needed).
What it comes down to at this point is FERC is the only entity with the
authority to start fixing this problem now: Congress isn't going to get
anything done this year and the California legislature is (thankfully) out of
session now. Our political leaders need to give FERC the room they need to
act.
Good luck on your speech and give me a call sometime. | {
"pile_set_name": "Enron Emails"
} |
-----Original Message-----
From: Griffith, John
Sent: Friday, October 12, 2001 10:51 AM
To: Titus, Matthew; Smith, Mark; May, Larry; Zipper, Andy
Subject: FW: Late breaking news
-----Original Message-----
From: Angelica Paez <[email protected]>@ENRON
Sent: Friday, October 12, 2001 10:47 AM
To: Griffith, John; Mike Griffith; Mark Paez; Martin Paez; Steven Becerra
Subject: FW: Late breaking news
In a message dated 10/12/2001 10:10:44 AM Central Daylight Time, MIESKOWITZ writes:
Subject: Late Breaking News
Kabul, Afghanistan---October 4, 2001-- A shocking development took place today as the ruling members of the Taliban held a press conference threatening the United States if its territory is invaded. Immigration Czar Mohmammed Ali Momaluke stated that the Afghan authorities "would not hesitate for a moment" to cut off the US supply of convenience store managers. | {
"pile_set_name": "Enron Emails"
} |
grant him access
-----Original Message-----
From: Beck, Sally
Sent: Friday, August 03, 2001 5:08 PM
To: Whalley, Greg
Cc: Piper, Greg
Subject: Access to DPR for Piper
Greg Piper has asked for daily access to the DPR via the Executive Viewer. In keeping with our policy of limited access to the data, I thought that it would be best to check with you on this request. Greg appreciates our diligence in monitoring requests for access and understands that I am running this request by you. Let me know what you would like for us to do. Thanks. | {
"pile_set_name": "Enron Emails"
} |
Cara,
We store the region from the path cuts in the database as a single EnPower Region. That means that we can only map California to one of R10, R11, and R12. Are you intending the regions within Path Confirmation to represent a group of EnPower Regions? If so, we will need to make a database change to store those groupings. I expect that the database change would take a long time because it will involve a Global database change.
Thanks,
Will
-----Original Message-----
From: Semperger, Cara
Sent: Monday, August 13, 2001 4:11 PM
To: Bentley, Corry; Poston, David; Smith, Will; Venkataswami, Vishwanatha
Subject: More on the Region Choices for Path Cut
Good Afternoon,
I do want the regions to understand Enpower Regions, but at the same time not be so specific to the user. Here is the breakdown that I would want:
California = R10, R11, and R12
Northwest = R9
Enpower calls it MidColumbia, but many more delivery points than Just Mid Columbia are contained within it, and I don't want to list them all in the region choice or confuse the useres further by them looking for something in the northwest that is not MidColumbia.
WSCC-S=R7
Rockies = R7A
WSCC-N=R8
Please also see my notes below on the existing system. I am happy to provide any further explanation you would like.
Cara
-----Original Message-----
From: Smith, Will
Sent: Monday, August 13, 2001 1:53 PM
To: Semperger, Cara
Subject: RE: Testing PSW and Path confirmation
Cara,
It appears that some clarification on the Regions is necessary. Vish has implemented the cuts to show regions as defined by the Regions table in EnPower. This is the same table that is used in many of our reports. Should the regions that you are speaking of be separate from EnPower's list of regions?
Vish tells me that "California" equates to all of NP-15, SP-15, ZP-26. Also he is unable to resolve "Northwest". Should we not resolve your list of regions to the EnPower list?
Also, as an aside, I took a look at the West Discussion - Schedule Information in Notes and noticed that when looking at cuts the tree hierarchy was as follows
Hour Ahead / Real-Time
Region? (e.g. Montana, MARKETER, WSCC, NW, SW, FED Utility) This is why I want preset regions, right now they are user defined and a mess
Date
Path
Cuts
I think the best way is to have the sort selection as it is in the new system, by date primarily, and then the nifty sort tool you all have written
Is the second item in the tree related to the region selection for path cuts? Yes
Thanks,
Will
-----Original Message-----
From: Semperger, Cara
Sent: Monday, August 13, 2001 1:16 PM
To: Bentley, Corry; Poston, David; Smith, Will; Venkataswami, Vishwanatha
Subject: Testing PSW and Path confirmation
Good Afternoon,
Here are my findings for the latest Release of the PSW and Path Conf. I am re-running the date of June 22, as I see no data in the path confirmation for that date.
PreSchedule Workspace:
I tried to open the sheet "PV_JUNE22_LIMITED" and got this error "Access violation at address 00000016. Read of address 00000016. I could not save, close or do anything, I had to end task to get out of the sheet and the PSW. I had run the COB sheet prior to opening the PV sheet, and had closed the COB sheet. When I re-opened the "PV_JUNE22_LIMITED" sheet, it was completely blank. This kind of data loss would be catastrophic in production if we were not using an outside Excel spreadsheet.
Error checking
The workspace seemed to get stuck on one deal not being a market deal (#657854.1) that was put in the market deal number area. It is an EPMICALPOOL deal that is a buy/resale. This error is understandable in the rows where the deal is present, but the routing error check mentioned it in rows 69-192, where the deal number was not present. Can the sheet be made to understand that a buy/resale should be tolerated in either the Supply or Market deal number cell?
I also got just "Error:" with no explanation of what the error was for rows 3-6, 9-11 and 21-28. Rows 3-6 and 9-11, has a NW delivered upstream and Portland General System Downstream, both identified as Portland General System on the sheet. Rows 21-28 I see no errors apparent.
My second PV sheet gave me routing error "Error:" with no explanation on rows 2-45. The only thing I see is that I have chosen R instead of X for the export. I changed all rows to X, and still got the routing error with no explanation. I have enclosed that sheet for your inspection. Could it be that the system already detects routes?
<< File: PV_JUNE22_LIMITED.psc >>
Path Confirmation:
The Transmission information seems to be populating correctly, all trans looks good and has the -E- on each side. I can put my POR/POD info in the Oasis cell, and all the info looks great!
The Global ID Sorting is working just right.
The Tag Sorting is also working just right.
The expanded view is showing the entire path regardless of length.
I like the POR and POD sort capability, this will be very helpful.
In the Expanded View, even though I know the counterparty, this view sometimes shows me a blank drop down box where the counterparty should be. Allegheney did not show a counterparty name here. This actually looks like it might be specific to Allegheney.
In the line view My counterparty on the sheet CPS shows Constellation Power Source, Inc. but in the expanded view I see City Public Service of San Antonio. They both have CPS as their short name, but the second counterparty is an East Desk Counterparty. Corry, Can you get their short name changed to something else you like?
Path Cut:
The regions are not what I have repeatedly asked for. I only want to see the following: California Northwest WSCC-N WSCC-S Rockies. If I need to provide more explanation on this, I am happy to do so. The current breakout is too detailed as well as incomplete, and will be cumbersome for real-time and settlements to use. These regions will correlate with the same region choices in the Discussion Dbase that I am working with Poston to get done.
Closing path cut seems to take quite a long time even when no saving is done, just over a minute. Users will percieve this as something broken.
I think that Bill Williams III and the real time group here will have more to add on path cut, I will hand this off to them very soon.
Overall Findings:
I feel that with this release we are very close to what we need for production. We will definately have to get a handle on the data loss issue, but the functionality looks really good. My goal is to release this and the discussion Dbase at the same time so that we are able to tell settlements that from "X" date previous the records are in lotus, and from "X" date forward they are in the new system. Those groups will have huge confusion if we overlap days in both.
Please let me know anything else that I need to do, and when I may test again. Thanks
Cara | {
"pile_set_name": "Enron Emails"
} |
The News Review site, http://www.news-review.co.uk
home of Weekend City Press Review, now offers registered users two new
features:
All registered users can now:
- do a text search in addition to a company search on the full six-year
archive
- and set up favourite companies on their home page for easier and faster
access
to articles within the Review and the archive which relate to those
companies
The best way to keep abreast of the weekend's financial news and views is to
receive an email copy of Weekend City Press Review, either via the full
Review,
or the Clippings relating to specific companies in which you are interested.
Registered users are invited to take up the free offer of a 4 week
subscription
to any of the services, including PDF delivery of the Review, and the
Clippings service.
To login please use this URL:
http://www.news-review.co.uk/cgi-bin/gen5?runprog=wcpr&access=20972656401086&t
ype=login
You can download this weekend's Full Review free of charge at
http://www.news-review.co.uk/freepdf.pdf from 8pm UK time this Sunday
Your username for this service is vkaminski
If you have forgotton your password you can retrieve it at
http://www.news-review.co.uk/cgi-bin/gen5?runprog=wcpr&type=remindme
To remove yourself from this service please login and use the 'My Profile'
option.
Our ref WCPRv1:vkaminski | {
"pile_set_name": "Enron Emails"
} |
Cleburne should be it's own desk. Rick Hill should be set up as trader/head
of desk. Let me know if you have more questions.
Dave | {
"pile_set_name": "Enron Emails"
} |
Fill out and return your registration card or register by phone or fax today!
Only registered users get:
-FREE technical support
-SPECIAL OFFERS on Palm III accessories and add-ons
-SNEAK PREVIEWS of new product enhancements and software releases
Your registration card also serves as proof of purchase for:
-Discounts on product upgrades
-Warranty coverage
Assigned to: CN=Diana Scholtes/OU=HOU/O=ECT
Updated by: CN=Diana Scholtes/OU=HOU/O=ECT | {
"pile_set_name": "Enron Emails"
} |
Louise, my call to you was in regard to this. Unfortunately I have an appointment out of the office later this afternoon but I would like to clarify what implications if any this announcement has on my group's responsibilities since we've been trying to grow into an expanded role. Needless to say we have been inundated with questions. Thanks. Dick.
---------------------- Forwarded by Richard Lydecker/Corp/Enron on 04/19/2001 01:28 PM ---------------------------
Enron Americas - Office of the Chairman
From: Enron Americas - Office of the Chairman on 04/18/2001 11:00 PM
Sent by: Enron Announcements
To: ENA Employees
cc:
Subject: Asset Marketing
We are pleased to announce the creation of a new group - Asset Marketing - within Enron Americas. The Asset Marketing group will have responsibility for the asset divestment function within Enron Americas and work with Generation Investments on selected portfolio acquisitions as well as managing power origination funding requirements with Treasury.
Don Miller will head the Asset Marketing group and will report directly to the Office of the Chair, Enron Americas. Joining Don's group will be Stuart Zisman. Stuart was formerly in ENA Legal, having most recently worked on the sale of ENA's peaker plants with Don.
Please join us in congratulating Don and Stuart in their new roles. | {
"pile_set_name": "Enron Emails"
} |
Pls. plan to join the Enron Corp. Board of Directors meeting scheduled for Friday, November 2, at 3:30 p.m., CST. For planning purposes, your placement on the agenda is as follows:
Jeff McMahon #1
Rick Buy #2
Mark Haedicke+Others #7
It makes sense for Jeff and Rick to be there at 3:30. We will call Mark at his office a few minutes before his session and the rest of his team will join via teleconference at that time.
Please call me or Kelly Johnson (36485) if you have any questions.
Thanks.
Paula | {
"pile_set_name": "Enron Emails"
} |
Here are the new tunes. Hope you like them! Everyone seems to think they
are great...
Title Artist
1. Big Time Peter Gabriel
2. Every Day is a Winding Road Sheryl Crow
3. All This Time Sting
4. The Obvious Child Paul Simon
5. Check It Out John Cougar Mellencamp
6. Walking on the Moon The Police
7. Rock This Town Stray Cats
8. Crazy Seal
9. Roam B-52's
10. Move Miles Davis
11. Don't You Worry About a Thing Stevie Wonder
12. Bright Side of the Road Van Morrison
13. Brand New Day Sting
14. Bloomdido Charlie Parker
15. Symphonie No. 5 - Allegro Beethoven
16. Fantasie - Impromptu Chopin | {
"pile_set_name": "Enron Emails"
} |
Elena,
Can you, please, help with these prices?
Very urgent.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/21/2000
12:18 PM ---------------------------
Margaret Carson@ENRON
08/18/2000 05:22 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: AVG. MONTHLY ELECTRICITY PRICES FOR THE PAST 13 MONTHS
Vince Do you have a dataset that can give me monthly prices in $MW
for these
markets from July 1999 through July 2000 ?// Thank you. Marg.
Palo Verde
ERCOT
Cinergy
Entergy
PJM (or a proxy for any of these) | {
"pile_set_name": "Enron Emails"
} |
I am serving as a Board Member for the Houston Children's Chorus. The Chorus is presenting a Children's Commemorative Concert on Sunday October 14 th at Grace Presbyterian Church and has requested corporate underwriting in the amount of $ 5,000 for the event. Proceeds from a free-will offering will be given to the Red Cross education fund of the children whose parents died in the September 11 New York tragedy.
Mr. Steve Roddy has sent correspondence to your office in this regard, and I hope that you will give his request serious consideration.
Thank you,
Arthur Goldsmith | {
"pile_set_name": "Enron Emails"
} |
plz call asap re: mary hain. thanks, jeff 415.782.7822 | {
"pile_set_name": "Enron Emails"
} |
SF Chron, 7/4: Federal price limits backfire
Sac Bee, 7/3: Out-of-state generators pull plug over uncertainty on price
controls
LA Times, 7/3: Power sales halted by new pricing curbs
------------------------------------------------------------------------------
---------------------------------------------------------------
Federal price limits backfire
Some generators withhold power rather than abide by rate caps
David Lazarus, Chronicle Staff Writer
Wednesday, July 4, 2001
,2001 San Francisco Chronicle
URL:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/07/04/M
N186091.DTL
Officials in California and Nevada, after months of lobbying for federal
regulators to cap Western power prices, warned yesterday that the newly
imposed limits have had the unintended consequence of increasing a threat of
blackouts in the two states.
The warnings were issued as California came within minutes of rolling
blackouts yesterday afternoon, and one day after the first-ever rolling
blackouts in Las Vegas forced energy-hungry casinos to shut off fountains and
reduce air conditioning.
The two states are asking the Federal Energy Regulatory Commission to take a
closer look at the so-called price mitigation plan and come up with revisions
that would deter power companies from withholding electricity during
shortages.
"We need some clarity to this order," said Oscar Hidalgo, a spokesman for the
California Department of Water Resources, which is spending billions of
dollars to keep the state's lights on.
"Generators need to be held accountable," he said.
The crux of the problem is that price limits kick in during shortages, yet
power companies say these caps force them to sell power at below-market rates
during periods of high demand.
Some companies have responded by holding back power rather than face the
expense of shipping electricity from state to state. Each mile that
electricity must be transmitted adds to the overall cost.
"No one's going to pay for transmission if the cost is near the caps," said
Gary Ackerman, executive director of the Western Power Trading Forum, an
energy-industry association in Menlo Park.
Ackerman said several companies in his organization decided that there was no
economic advantage to offering power in regional markets when price controls
are in effect.
"This means individual regions like California or Las Vegas could end up not
having enough," Ackerman said. "It increases the threat of blackouts."
BLACKOUT ALERT CANCELED
California authorities issued a blackout alert at 1:45 p.m. yesterday when
power reserves dipped to dangerously low levels. They canceled the alert
about an hour later, after finding additional supplies.
"Everyone in the West is fighting for megawatts," said Stephanie McCorkle, a
spokeswoman for the California Independent System Operator, which oversees
the state's power network.
The Golden State's latest brush with lights-out conditions came a day after
Nevada experienced its own rolling blackouts for the first time, prompting
heavy power users such as the MGM Grand and Caesars Palace to dim their
lights.
Don Soderberg, chairman of the Nevada Public Utilities Commission, said that
the sudden power emergency took state authorities by surprise and that they
are investigating to see what role the federal price limits may have had in
exacerbating Monday's shortage.
"We're looking very closely at this," he said. "There seems to be a potential
for unintended consequences."
Specifically, Soderberg said Nevada is focusing on operators of older, less-
efficient plants who would find profit margins shrinking, if not vanishing,
under capped prices.
"We're going to see how the caps might have played into this," he said.
The federal ceiling in 10 Western states, excluding California, is about $92
per megawatt hour. In California, a 10 percent surcharge is added because of
the state's credit risk, bringing the price to just over $101.
Ackerman at the Western Power Trading Forum said regional price controls have
extended California's power crisis to neighboring states.
"California sneezed and the rest of the region caught the virus," he said.
'LAWYERS LOOKING FOR LOOPHOLES'
California and Nevada officials, however, said that they still have faith
that price limits can stabilize Western electricity markets but that federal
regulators may have to tweak the system so that power companies cannot
withhold output.
"The generators have banks of lawyers looking for loopholes (in the plan),"
said Hidalgo at the Department of Water Resources.
Unfortunately, it may take some time for the regulators to revisit an issue
that they took up only with the greatest reluctance. For months, federal
regulators refused to impose price controls, preferring instead to let supply
and demand determine costs.
Hidalgo said that when it appeared that power companies were throttling back
on output Monday, California officials immediately dialed the hot line number
provided by the Federal Energy Regulatory Commission in case of emergencies.
"No one answered," he said. "They were closed."
State officials tried again yesterday, and this time were told that the
commission would look into the matter. They were not given a time frame for
when the commission might come up with a response.
E-mail David Lazarus at [email protected].
,2001 San Francisco Chronicle ? Page?A - 1
Out-of-state generators pull plug over uncertainty on price controls
By Dale Kasler
Bee Staff Writer
(Published July 3, 2001)
Confused by the federal government's new controls on electricity prices,
generators withheld so much power from California on Monday that the state
was nearly plunged into rolling blackouts, state officials said.
The confusion began when the state's electric grid operators declared a Stage
1 power alert in the early afternoon, triggering the price caps for the first
time since they went into effect June 21.
Out-of-state generators pulled about 1,500 megawatts of electricity off the
table at midafternoon, enough to power about 1.1 million homes, because of
uncertainty about how much they could charge under the new Federal Energy
Regulatory Commission pricing system, said Oscar Hidalgo, spokesperson for
the state Department of Water Resources. The department buys electricity for
the state's financially distressed utilities.
"They didn't understand what they were going to be paid; there was confusion
over the FERC order," Hidalgo said. "We saw 1,500 megawatts disappear."
The problem was exacerbated by a heat wave across the West, which forced
California to compete with other states for scarce electricity, he said.
Rolling blackouts hit southern Nevada.
Most California officials credit the FERC system, which is based on a
variable price cap, with reining in what had been a runaway wholesale power
market. But power generators have complained that the price caps, by limiting
profits, could discourage the production of critically needed electricity.
And as Monday's episode suggested, even the uncertainty about where the cap
will fall could lead to unexpected shortages.
"That's the risk that you run (with price controls)," said Arthur O'Donnell,
editor of the newsletter California Energy Markets. "People want any kind of
certainty at all."
Hidalgo said the state avoided blackouts only because of last-minute imports
from the Bonne'ville Power Administration, the federal agency that markets
government-produced hydroelectric power in the Pacific Northwest. The state
went into a Stage 2 power alert, the next-to-last level before blackouts are
ordered. The alert was canceled in late afternoon.
The blackouts would have been the first in California since May 8.
FERC imposed a round-the-clock ceiling on power throughout the West. The
price fluctuates and is tied to the production costs of the least-efficient
plant operating in California during a "power alert" declared by the
Independent System Operator, which runs the state's power-transmission grid.
When there's no alert, prices can't exceed 85 percent of the cap that was
established during the latest alert.
Until Monday, the maximum price held steady at about $101 a megawatt-hour in
California. But when the ISO declared a Stage 1 power alert in early
afternoon, signifying that reserve supplies had dwindled to less than 7
percent of demand, confusion set in, Hidalgo and others said.
Because of a steep drop in the price of natural gas, which fuels many
California power plants, suppliers knew the cap would fall. But no one knew
by how much until the price was posted by the ISO.
The ceiling for California fell to about $77 at 3 p.m. but was back up to $98
in two hours, according to the ISO. Those prices include the 10 percent
premium that sellers can charge California because FERC said there's a credit
risk in selling to the state.
O'Donnell said it's likely suppliers will pull back from the market every
time the ISO declares a power alert.
In-state generators have to operate their plants if summoned by the ISO. But
out-of-state suppliers can withhold supplies, and on Monday it was the
out-of-staters that were pulling back, Hidalgo said.
The Bee's Dale Kasler can be reached at (916) 321-1066 or [email protected].
Power Sales Halted by New Pricing Curbs
Electricity: Confused suppliers, unsure what they will be paid, refuse to
sell to state, which asks FERC for a ruling but doesn't get it.
By NANCY VOGEL, Times Staff Writer
?????SACRAMENTO--Confusion over new federal price restrictions prompted
several electricity sellers to back away from sales to California on Monday
afternoon, pushing the state closer to blackouts, energy officials said.
?????The state lost sales that would have provided enough electricity to
supply more than 1 million homes, said Ray Hart, deputy director of the
California Department of Water Resources, which has been buying much of the
state's electricity since January.
?????At least five companies producing or marketing power "are telling us
that since they don't know what they're going to get paid, they're not going
to take the risk, and so they're not going to sell the energy," Hart said.
?????The electricity sales fell through after power consumption soared in
summer heat and grid operators were forced to declare a Stage 1 emergency,
meaning reserves had dipped below 7%. It was the first such emergency since
May 31.
?????Under a June 19 order by the Federal Energy Regulatory Commission
intended to bring down wholesale electricity markets across the West, a power
emergency in California triggers the setting of a new price limit that
applies to power plant owners from Washington to Arizona.
?????The new price is supposed to be based upon whatever it costs to run the
most inefficient, expensive power plant selling electricity to California
grid operators during the first full hour of a Stage 1 emergency.
?????But much uncertainty remains about exactly how and when the new price is
supposed to be established under the commission's order, and that apparently
drove away sellers, Hart said.
?????Shortly after the state issued the Stage 1 alert at 1:30 p.m., putting
the old price limit of $90 per megawatt-hour in question, companies that had
committed to provide the state electricity hour by hour Monday afternoon
backed out, Hart said. The companies include TransAlta Energy Marketing of
Oregon, Constellation Power of Baltimore and Sempra Energy Trading, a unit of
the San Diego-based energy conglomerate.
?????Forced to dip even deeper into the state's power reserves and declare a
Stage 2 emergency, water agency officials called the federal energy
commission's hotline for clarification about what the new price should be and
when it should take effect. They got no answer.
?????Hart said commission officials reached at home promised to try to
clarify their order today. One outstanding question is what obligations power
suppliers have to deliver electricity to California in an emergency.
?????Both buyers and sellers in the market agree that the new price, when it
is set, will probably be lower than $90 per megawatt-hour because the price
of natural gas, the main fuel in California power plants, has dropped lately.
?????Temperatures soared several degrees higher Monday than grid operators
had anticipated. But they said they expected to avoid rolling blackouts in
part because the Bonneville Power Administration in Portland, Ore., had
agreed to provide several hundred megawatts of Pacific Northwest hydropower
each hour in exchange for a return of electricity from California later this
summer.
?????"Bonneville is giving us emergency power to get us through," Hart said.
Copyright 2001 Los Angeles Times | {
"pile_set_name": "Enron Emails"
} |
Attached, for your information, a bulletin from Allen & Overy summarizing the
the recent Peregrine judgment (and the judicial treatment of Payments on
Early Termination). Provides for some interesting reading.
Regards, Edmund
- MK005031.pdf | {
"pile_set_name": "Enron Emails"
} |
This weekend, the Enron Global Information Technologies department will be
distributing a new version of the Oracle 8i client. Due to the mobile
environment of our user base, not all machines will receive the automatic
update. If you are a user of an Oracle based application and your machine is
not available to the network this weekend, you can manually upgrade your
machine via the following steps:
1) Click on Start - Programs - Utilities
2) Then click on "Install Oracle 8i Client".
If you are a user of Microsoft Excel spreadsheets or Microsoft Access
databases that retrieve information from our Oracle databases, you can
manually convert your Oracle ODBC connections to the proper drivers via the
following steps:
1) Click on Start - Programs - Utilities
2) Then click on "Update ODBC Data Source Names to Oracle 8i".
If you do not see these icons, there is another icon under Start - Programs -
Utilities called "Update Start Menu" that will re-populate your Start Menu.
Thank you for your co-operation -
Scott Williamson
Director, Database Infrastructure
Enron Global Technology | {
"pile_set_name": "Enron Emails"
} |
Dear Mark:
I hope that you are well.
Glocap Legal Search is one of the fastest growing in-house legal recruiting firms in the nation. We have worked very hard to create a truly unique and powerful legal recruiting company and we were gratified recently when Forbes.com selected us the best recruiting website in the country! We recruit for Fortune 500 companies, major financial institutions, consulting companies, investment banks and many other public and private companies of all sizes.
I am writing to ask for your help. Do you know anyone who might be interested in hearing more about us? I have briefly summarized a very small sample of the many truly outstanding, pre-screened attorneys available through our unique service. We have many more, in all practice areas and experience levels. Call me if you would like to discuss how we can be of service to your company.
Attorneys available now include:
1. Northwestern University School of Law (cum laude) graduate has over 4 years experience working on computer software, intellectual property and internet related issues, with particular emphasis on e-commerce and complex licensing. This very highly regarded attorney seeks a corporation or financial institution that needs in house counsel for domestic and/or international tech law matters. Midwest preferred.
2. This 1995 graduate of a top 10 law school also has an MBA (magna cum laude) from a top business school. Superb experience as a corporate attorney at a top firm (with an emphasis in entertainment law). Currently GC of an entertainment company with great corporate, securities, intellectual property and corporate governance matters. Very savvy and articulate. Willing to work on either coast, Texas or Florida.
3. A truly uniquely credentialed attorney who graduated Stanford Law School and has a graduate degree from Columbia, this candidate is also a shared recipient of the Pulitzer Prize for investigative reporting and writing. Currently a litigator at a top law firm, this attorney has the intelligence, writing ability, and work ethic to enhance any company's litigation department. Fluent in Spanish.
4. Georgetown Law Center (cum laude) and Stanford undergraduate has over four years experience advising both private and public companies on general business/corporate matters as well as venture and debt financings, licensing, mergers and acquisitons, and public offerings. Terrific experience in securities and corporate counseling. Available either in California or East Coast.
5. A talented attorney with over eight years experience doing project finance and lending, mergers and acquisitions, and capital markets transactions at two very prominent law firms. This Russian speaking attorney has represented investors, lenders, and multilateral agencies in power, energy and natural resources industry sectors, as well as financial services, IT and telecom clients in a wide variety of m & a matters.
6. This 1996 graduate of a highly regarded law school has over five years of solid general corporate experience. Great drafting skills and superb presence, this candidate will be a very welcome addition to any in house legal staff that seeks an intelligent, hard working and very well trained corporate generalist.
7. Attorney who graduated first in his law class is practicing corporate restructuring and reorganization at one of New York's premier law firms. Four years experience in all aspects of distressed debt transactions, including asset sales, plans of reorganization, asset-based financings, cross-border insolvency issues and strategic distressed acquisitions. Seeking in-house or investment banking position.
8. Yale Law School, Princeton University (magna cum laude). Senior VP of one of top financial institutions in the world, this attorney has played a leading legal, business, integration and managerial role in acquisitons, joint ventures, equity investments and divestitures. Also has broad epxerience in securities law at a top law firm. Very well spoke and personable, this candidate is interested in a senior business/GC type position. NY metro area.
9. Yale University (magna cum laude), Harvard Law School (cum laude) candidate with three years transactional experience at premier law firm before leaving to become general counsel at a new media company. Has broad corporate, real estate and and technology experience. Exceedlingly smart, conscientious, and energetic. This candidate will be an enormous asset to any company that hires him. Wants NY area only.
10. UChicago Law School, over five years extraordinary experience at both a top law firm and a premier incubator. Practice areas include corporate, securities, intellectual property, mergers & acquisitions, venture capital financings and technology. Dynamic, very highly regarded attorney also speaks mandarin chinese. Wants in-house or legal/business position in Southern California only.
This is just a very small sample of the attorney/candidates that we work with. We can of course tailor our search to meet any specifications that you wish. Feel free to call us to discuss our service, or to refer us to a colleague that might be interested in hearing more about us, or to obtain references from our clients. I hope I will be speaking with you soon.
Thank you for taking the time to consider our service.
--
Steven J. Greenberg, Esq.
Managing Partner
Glocap Legal Search LLC
Carnegie Hall Tower
152 West 57th Street, 27th Floor
New York, New York 10019-3310
212-333-6431 phone
212-333-6401 fax
[email protected]
www.glocaplaw.com | {
"pile_set_name": "Enron Emails"
} |
This request has been pending approval for 9 days and you are the
alternate. Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000007876&Page=
Approval to review and act upon this request.
Request ID : 000000000007876
Approver : [email protected]
Request Create Date : 11/20/00 2:36:29 PM
Requested For : [email protected]
Resource Name : \\enehou\houston\common\Research - [Read/Write]
Resource Type : Directory | {
"pile_set_name": "Enron Emails"
} |
you can't shine shit. whoever drafts him in the second is wasting a pick. i
hope it isn't denver. | {
"pile_set_name": "Enron Emails"
} |
rolodex please
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/02/2000
02:30 PM ---------------------------
Jonathan Tyburski@ENRON
08/17/2000 03:00 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Contact
Jeff,
Thanks for taking time to talk to me today. I'll be sure to see you in a
few weeks, but I'll leave you with my contact info for the time being.
Box and Room 309 Mayer Hall
3817 Spruce Street
Philadelphia, PA 19104-6101
(215) 417-7510
Home: (215) 322-2239
Email: [email protected]
Best of luck and thank you again for such an excellent opportunity
Jonathan | {
"pile_set_name": "Enron Emails"
} |
[IMAGE]
March 13, 2001
Can't read this email? Click here
Issue#: e10903
PROVANTAGE Customer: [email protected]
To unsubscribe from the?
Original Advantage Click here
(Do Not Reply to this email)
PROVANTAGE - The Original Advantage
?
Products that give you the Professional Advantage!
[IMAGE]
Microsoft Company Store
Microsoft Prices Going Up March 29, 2001
Stock up NOW! Due to an industry-wide increase in wholesale costs, there
will be a price increase on all Microsoft products effective March 29, 2001.
Save money - buy NOW! Time is running out!
[IMAGE]
EtherFast 4-Port Cable/DSL Router
By Linksys
$30 Mail-in Rebate from Linksys! Offer ends March 19, 2001. Click Here for
Details.
The perfect ...More
??$128.95
[IMAGE]
[IMAGE]
New Version!
Crystal Reports v8.5 Developer Edition
by Crystal Decisions (formerly Seagate Software)
Powerful Information Delivery for the Web
With Crystal Reports you can easily deliver rich, interactive content from
virtually ...More
UPGRADE??$216.90
[IMAGE]
[IMAGE]
DC4800EZ Zoom Digital Camera w/64MB Picture Card
By Kodak
Resolution: 3.1 (2160 x 1440), 2.2 (1800 x 1200), 1.6 (1536 x 1024), .8 (1080
x 720)
Creative control and digital ease.
Perfect for ...More
??$649.95
[IMAGE]
[IMAGE]
SMC2602W EZ Connect Wireless PCI Card
By SMC Networks
Start using your notebook the smart way - without wires! SMC's 2Mbps Wireless
LAN Solution provides the easiest network alternative to wired LANs. It
seamlessly ...More
??$161.95
[IMAGE]
[IMAGE]
SQL Server 2000 Standard Edition w/5 Clients
By Microsoft
Fastest way to deliver the next generation of scalable Web applications with
Windows DNA. It dramatically reduces the time required to bring e-commerce,
...More
??$1247.95
[IMAGE]
[IMAGE]
Barracuda ATA III 40.8GB EIDE Ultra ATA/100 3.5LP
By Seagate
The ATA III disk drives deliver 7200RPM performance for commercial desktops,
computer enthusiasts and ATA RAID subsystems, with capacities ranging up to
...More
??$171.95
[IMAGE]
[IMAGE]
DeskJet 930C Color Printer
By Hewlett-Packard
HP's PhotoREt III color layering technology delivers the optimum combination
of print quality and print speed. ColorSmart III provides perfect color
automatically, ...More
??$144.95
[IMAGE]
[IMAGE]
Diskeeper v6.0 Workstation Single
By Executive Software
For Windows 95/98/Me/NT/2000
Diskeeper 6.0 includes a newly improved engine that is 5 times faster than
the previous version and simply the ...More
??$44.79
[IMAGE]
[IMAGE]
SwitchView 2-Port KVM Switch with (2) Cables
By Cybex
SwitchView's small footprint combined with quick,easy installation makes this
switch the ideal solution for single user, multi-PC applications. Laptop ...
More
??$118.65
[IMAGE]
[IMAGE]
CanoScan D660U Flatbed Scanner
By Canon
Lift the cover, insert your slide or negative and press the external film
scan button. The D660U scanner, with its built-in backlight, produces
spectacular ...More
??$127.96
[IMAGE]
[IMAGE]
Back-UPS Pro 650
By APC
Power problems wreak havoc on today's multitasking networked or stand-alone
PCs. The more you do with your PC, the more you stand to lose. An APC
Back-UPS ...More
??$242.02
[IMAGE]
[IMAGE]
Exceed v7.0 for Win9x/NT/2000 Single User
By Hummingbird Communications
Exceed, the best selling and highest performing PC X Server on the market,is
designed to transparently integrate PC and X computing environments. It
delivers ...More
??$303.95
[IMAGE]
[IMAGE]
40GB USB 3.5IN Hard Drive For PC
By BUSlink
Performance Breakthrough in mass storage - Suitable for small offices, home
offices, mobile users, networks, and gamers!
??$269.35
[IMAGE]
[IMAGE]
BJC-2100 Color Bubblejet Printer
By Canon
Purchase a Canon BJC-2100 Color Bubble Jet Printer before March 31, 2001 and
receive a $30 mail-in rebate! ...More
??$75.95
[IMAGE]
[IMAGE]
OmniForm Developer's Edition v4.05
By Scansoft
OmniForm Developer's Edition gives you the power to easily create and
integrate intelligent electronic forms into you or your customer's
proprietary applications ...More
??$1297.95
[IMAGE]
?
?
Web Address: www.PROVANTAGE.com?
?Toll Free: 800-336-1166???? Fax: 330-494-5260???? email:
[email protected]
Privacy Policy | Terms & Conditions | FREE Catalog
,2001 PROVANTAGE Corporation, 7249 Whipple Ave. NW, North Canton, OH 44720
Products, prices, terms, conditions, or offers may change at any time.
Company and/or product names are generally trademarks, or registered
trademarks of their respective companies. Some promotional text may be
copyrighted by the product's manufacturer.?
The Original Advantage promotional email is delivered only to customers of
PROVANTAGE Corporation. PROVANTAGE customers have purchased products in the
past and submitted their email address as part of the checkout process. Or,
customers have entered their name in the "Add to Email List" box on the
PROVANTAGE.com home page. Any customer may unsubscribe from the list at any
time by going to http://www.provantage.com/unsubscribe.htm. The email address
is permanently removed from additional promotional electronic mailings, and
will not be reactivated unless requested by the customer.??
[IMAGE]
BizRate Customer Certified (GOLD) Site | {
"pile_set_name": "Enron Emails"
} |
I'm free from 4:00-5:00 today
From: Vladimir Gorny 07/10/2000 02:14 PM
To: John Arnold/HOU/ECT@ECT
cc: Tanya Tamarchenko/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron
Subject: Forward-forward Vol
John,
Per your and Jeff's request, Research and Market Risk Groups have conducted
an extensive analysis of the forward-forward vol methodology used in the
Value-at-Risk calculation.
We analyzed and compared two methodologies:
the existing methodology - based on forward (implied) vols
an alternative methodology - based on historical vols
I would like to schedule about 30 minutes to walk you through the pros and
cons of each methodology and get your input.
Vlady. | {
"pile_set_name": "Enron Emails"
} |
Mr. Garner:
At the request of Kim Ward, I am forwarding to you for review the attached
draft of a Master Firm Purchase/Sale Agreement. Please do not hesitate to
give me a call with any questions you may have regarding the enclosed.
Regards,
Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
[email protected]
Phone 713-853-7658
Fax 713-646-3490 | {
"pile_set_name": "Enron Emails"
} |
One of the deliverables of Revenue Management is the Marketing Dashboard
which, among a veritable cornucopia of features, will include live Nymex and
Enron OnLine data pricing feeds. The rollout of the Dashboard for NNG and TW
is in the next 2 weeks. However, the Nymex data feed won't happen till
August due to technology limitations.
In the meantime, via our desktops, we all have access to Enron OnLine which
provides live market data that is as good or better than Nymex. This should
suffice in the interim till the Dashboard is fully functional. Let me know
if you have questions.
thanks
KH | {
"pile_set_name": "Enron Emails"
} |
Kate,
Please approve and autoschedule these annuities. They are all on 2/28/01 for
He 1.
558879 Saguaro
558057 Lv Cogen
556970 Willamette
These Annuities show EPMI Services profit charged to these counterparties for
Feb.
Les Rawson | {
"pile_set_name": "Enron Emails"
} |
I noticed the memo too, and looked around this morning for the attachments
that went with them, but couldn't find them. When Mark calls in I'll ask him
what happened to the attachments. | {
"pile_set_name": "Enron Emails"
} |
Darren:
Is this correct? Also please send me the list of BP Amoco Guarantors. Thanks.
Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-8537 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
[email protected]
-----Original Message-----
From: "Dixon, Billy D" <[email protected]>@ENRON
Sent: Wednesday, October 31, 2001 3:53 PM
To: Heard, Marie
Cc: St. Clair, Carol; Jones, Tana
Subject: *RE: BP Master Netting Agreement
BP wants to add Atlantic Richfield Company to the netting agreement.
Apparently, Atlantic Richfield Company owns the Calciner unit at the Carson
Refinery in California and sells 30 MW of power to Enron Power Marketing.
Please let me know your response.
Very truly yours,
BILLY
Billy D. Dixon
Attorney
BP America Inc.
501 Westlake Park Blvd., Rm 16.166
Houston, Texas 77079
Direct 281/366-4745
Fax 281/366-5901
[email protected]
***IMPORTANT -- THIS EMAIL AND ANY ATTACHMENTS HERETO ARE ATTORNEY-CLIENT
AND/OR ATTORNEY WORK-PRODUCT PRIVILEGED AND CONFIDENTIAL. If you have
received this email in error, do not under any circumstances read, forward,
copy, disseminate or save this email or any of its attachments. If you have
received this email in error, take the following actions: (1) reply to this
email indicating that you received this email in error, and (2) delete and
completely erase this email and its attachments from your computer and any
backup systems or "Deleted Items" folders.
-----Original Message-----
From: Heard, Marie [mailto:[email protected]]
Sent: Tuesday, October 30, 2001 9:44 AM
To: Dixon, Billy D
Cc: St. Clair, Carol; Jones, Tana
Subject: BP Master Netting Agreement
Mr. Dixon:
Pursuant to Carol St. Clair's request, I am attaching our preliminary
list of the agreements to be under the BP Master Netting Agreement.
Since we don't own 100% of EOTT, any master netting agreement involving
EOTT will not be under this master netting agreement.
Please let us know if you have any questions or need anything else.
Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone: (713) 853-3907
Fax: (713) 646-3490
[email protected]
<<BP Master Netting Agreement File
Index.doc>>
**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at [email protected] and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
********************************************************************** | {
"pile_set_name": "Enron Emails"
} |
Dan/Marty: We got together (kingerski, dasovich, black, curry, smith) and
discussed the EES presentation.
Jeff indicated that he is incorporating many inputs from many different
places but the presentation agrees with what he has in his most recent draft.
Jeff Dasovich is going to cc the final draft at 3PM PST today for more
comments. With are target of sending on to Governor at 7PM this evening,
If you have any further comments send them to me and I will incorporate them
in comments to jeff.
Scott | {
"pile_set_name": "Enron Emails"
} |
> Patrice,
> Here is the revised confirmation letter. Please print and sign to copies
> then mail to me at 300 Liberty St. Peoria, IL 61602. I will return a
> fully-executed original to you. Thanks.
> Vonda
>
> I will be gone the next 2 days (celebrating my 37th) so Tony will be doing
> the daily business. He should pick up 309-677-5164.
>
>
> <<Exb_ect1.doc>>
- Exb_ect1.doc | {
"pile_set_name": "Enron Emails"
} |
hey hon:
had a great time last night. you're one ok chick.
john | {
"pile_set_name": "Enron Emails"
} |
- Enron Supply - TGP.xls | {
"pile_set_name": "Enron Emails"
} |
646-3490
Diane Anderson@ENRON
02/27/2001 10:03 AM
To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: Bankers Trust/Deutsche Bank
fax no? | {
"pile_set_name": "Enron Emails"
} |
As promised yesterday, attached is my resume and the link to the FX and
Sovereign Risk group's website. I have also enclosed a list of the projects
that I have recently completed. In addition the projects, I have attached an
inventory of the curves that I have produced for corporate-wide deal
assessment. I produced 483 curves last year for 58 countries, each curve
requires a full country risk analysis including a macro-economic policy
analysis, balance of payments analysis, and political risk analysis. I look
forward to continuing to provide you with economic analysis in the future.
I hope to see you in two months.
http://ecthou-webcl1.corp.enron.com/research/ForeignExchange/FXMain.htm
Regards,
Maureen | {
"pile_set_name": "Enron Emails"
} |
Great, so glad your getting to spend some quality time with your family. Hope to see a picture of the four of you when you return.
Maria called me twice yesterday, she is so concerned about you and the rumors she is hearing in Omaha. I couldn't ease her mind any, because it wouldn't be appropriate, even if I knew. I just hope and pray all of us land on our feet.
God bless!!!!!!!
Ricki
(Mike Moran called as well)))))))
-----Original Message-----
From: Corman, Shelley
Sent: Friday, March 15, 2002 6:29 AM
To: Winters, Ricki
Subject: Re: How is Florida??????
Importance: High
Florida is great. We have been on the go all day and its been after business hours when I've gotten back to the house so I didn't get to talk to you. But I have been reading my emails along the way and know about all the meetings next week. And we can send out an email on our staff meeting on Monday.
Disney was great and I've been to 8 baseball games. Today we're going to an Astros practice and then we catch our flight home.
See you Monday
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net) | {
"pile_set_name": "Enron Emails"
} |
We have never confirmed a financial deal for this counterparty before, but just in case we do. Will I need to have a special credit annex attached or would I just confirm them on our standard ISDA template?
-----Original Message-----
From: Boyd, Samantha
Sent: Wednesday, October 31, 2001 11:30 AM
To: Adams, Laurel; Allen, Kimberly; Anderson, Diane; Bailey, Derek; Bell, Jean; Bell, Rebecca; Bowen, Bob; Brewer, Julie; Cason, Sharen; Cisneros, Celeste; Fischer, Jason; Garcia, Jorge A. ; Heaney, Gordon; Hundl, Kimberly; Murphy, Melissa Ann; Ornelas, Bianca; Piwetz, Stephanie; Rodriguez, Melissa; Seib, Dianne; Theriot, Kim S.; Whalen, Melinda; Williams, Tiffany; Brackett, Debbie R.; Bradford, William S.; Brown, Angela Y.; Campbell, Lesli; Conwell, Wendy; Curry, Ken; Espinoza, Veronica; Gonzalez, Veronica; Johnson, Rudwell; Landry, Shemeika S.; Lebrocq, Wendi; Mendoza, Nidia; Monterrey, Maribel; Moran, Tom; Ngo, Tracy; North, Carol; Otto, Randy; Radous, Paul; Rajaram, Aparna; Rohauer, Tanya; Sacks, Edward; Sonnonstine, Max; Vanek, Darren; Williams, Jason R (Credit); Campos, Anthony; Colbert, Marilyn; Crawford, Sharon; Ebow, Amber; Ellstrom, Diane; Gerard, Camille; Hare, Bill D.; Johnson, Cheryl; Lambert, Karen; Landau, Georgi; Lees, Lisa; Moore, Jason; Neuner, Dale; Reeves, Leslie; Richardson, Stacey; Rodriguez, Bernice; Schott, Samuel; Sever, Stephanie; Shivers, Lynn; Sietzema, Linda; Southard, Carrie; Bailey, Susan; Cook, Mary; Gray, Barbara N.; Heard, Marie; Hendry, Brent; Jones, Tana; Koehler, Anne C.; Leite, Francisco Pinto; Nelson, Cheryl; Panus, Stephanie; Sayre, Frank; Shackleton, Sara; St. Clair, Carol; Taylor, Mark E (Legal)
Subject: Amendment Agreement - Royal Bank of Canada
We have received an executed Amendment Agreement dated October 9, 2001 to the ISDA Master Agreement between Enron North America Corp. ("ENA") and Royal Bank of Canada ("RBC") dated as of February 15, 1995. This Amendment revises (1) certain definitions in the Credit Support Annex and (2) the notification information for ENA and RBC.
Copies will be distributed
Samantha M. Boyd
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803
Houston, Texas 77002
Ph: (713) 853-9188
Fax: (713) 646-3490 | {
"pile_set_name": "Enron Emails"
} |
Elizabeth:
I agree that it's probably better not to attend the conference. After our
conversation I, too, concluded that it would be awkward---just too much
explaining to do!
I had a great time at Whistler and in Vancouver, but I'm glad to be back.
This week is going to be exciting.
Mark H. gave me a call re offices on Friday. I will try to follow up with
him today.
I hope all is well with you.
Best,
Steve | {
"pile_set_name": "Enron Emails"
} |
John,
Thanks for meeting with Keith and I last week. Please let me know your
opinion on the following options material.
Michael <<ppNYopt.ppt>>
- ppNYopt.ppt | {
"pile_set_name": "Enron Emails"
} |
The following files contain a graphical view of the average deal count per
month by Commodity for EOL and OTC transactions since the launch of
EnronOnline. This information is for comparitive analysis only. Do not
update links when opening these files.
AVERAGE DEAL COUNTS FOR COMMODITIES (excluding Global Liquids, which displays
monthly totals)
NA GAS BREAKOUT BY REGION (Non-Averaged, including Volume and Notional Value)
If you have any questions regarding this breakout, please contact one of the
following:
Torrey Moorer x3-6218
Matt Motsinger x3-5221
Pete Berzins x5-7594
Matt
EnronOnline | {
"pile_set_name": "Enron Emails"
} |
SK - I printed this out for you & put in your mail folder. mm
Stan and Steve,
Thanks again for serving as Chairs for the upcoming PRC meetings. I've
talked with Terry and Ted, and we suggest that you use the following points
to open each of the meetings. If you have questions please feel free to
contact any of us. I've also attached an updated set of Ground Rules to
replace in your binder.
Thanks,
Billy
__________________
Analyst & Associate Mid Year 2000 PRC Meeting
Chairperson Introductory Comments
? Good Morning and Welcome
? Quick Introductions Around the Room
? Schedule for the Day
- 3 Groups (First Year Analysts, All Other Analysts, Associates)
- Housekeeping (breaks, restroom locations, food, etc.)
- Scheduled to go from 8 am until finished - reach consensus on each of 3
groups
? Roles of the Participants
- Chairperson (Make Introductions, Enforce Ground Rules and Distribution)
- Facilitator (Terry Bosien - Manage and Facilitate the Meeting)
- PRC Reps (Provide representation of accomplishments and areas for
improvement)
- Analyst & Associate Committee Members (Program awareness,
cross-calibration)
- Analyst & Associate Program Management (Program awareness,
cross-calibration)
? Importance of the Process
- PRC is at the heart of the "meritocracy"
- Rewards and feedback impact our most important source of new talent
- What's at stake - depends on anniversary date, decisions on tenure /
promo based on
first review after anniversary date, bonuses based on year-end
? Distribution of Ratings
? The Ground Rules
- Revision attached, please replace in your binder
- Read each point, ask the group to police itself
? Get Started | {
"pile_set_name": "Enron Emails"
} |
Stan, Jeff will be travelling the biggest portion of May. Would you let us know the next time Ali is in the US and I will try to work something out for them to meet.
Thanks,
Joannie
[email protected] on 04/12/2001 11:05:55 AM
To: [email protected]
cc:
Subject: Re: Follow-Up - Brent Larsen
Jeff,
Happy Easter!
A few years ago at the YPO Harvard University, I met a guy from Venezuela.
He and I have kept in contact through the years and we get together from
time to time. We had dinner a few days ago and he asked me if I thought
you might be interested in meeting with Ali Rodgrigues. Ali will be in the
US sometimes in May and may be available to meet. He and my buddy have
been friends for years and I thought I'd extend the offer. I don't know if
there is an agenda or not. Those guys are hard to read. Just let me know
if it's something you want to do. Otherwise I'll just forget about it.
Keep that stock going up!
-Stan | {
"pile_set_name": "Enron Emails"
} |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.