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SK - I have this on your schedule. mm
Okay, folks let's try this again!
This conference call has been re-scheduled as follows:
Please consider this notice & confirmation of a conference call, per Jeff
Dasovich and Steve Kean,
with Laura Tyson and Marybeth Shubert, Berkeley Business School, as noted
below:
Date: Thursday, May 10th
Time: 2:30 PM PDT/4:30 PM Central
Call-in No.: 1-888-296-1938
Code No.: 529952
Jeff only (as host): 850022
Thanks in advance for your participation,
Joseph Alamo
Sr. Administrative Assistant
Government Affairs - The Americas
San Francisco CA
---------------------- Forwarded by Joseph Alamo/NA/Enron on 05/09/2001 02:51
PM ---------------------------
Joseph Alamo
05/08/2001 05:44 PM
To: Jeff Dasovich/NA/Enron, Steven J Kean/NA/Enron@Enron,
[email protected]
cc: Maureen McVicker/NA/Enron
Subject: Conference Call Confirmation
Please consider this notice & confirmation of a conference call, per Jeff
Dasovich and Steve Kean,
with Laura Tyson and Marybeth Shubert, Berkeley Business School, as noted
below:
Date: Wednesday, May 8th
Time: 1:30 PM PDT/3:30 PM Central
Call-in: 1-888-476-3752
Code No.: 735045
Jeff only (as host): 780468
Thanks in advance for your participation,
Joseph Alamo
Sr. Administrative Assistant
Government Affairs - The Americas
San Francisco CA
(415) 782-7841
Marybeth Schubert <[email protected]> on 05/08/2001 06:25:37 PM
To: [email protected]
cc:
Subject: conference call with Steve Cain and Jeff Dasovitch
Joseph:
Laura Tyson and I will be available for a conference call with Steve
Cain and Jeff Dasovitch tomorrow afternoon at 1:30 pacific. Dean
Tyson will be at the Westin William Penn Hotel: 412-281-7100. I will
be at 505-820-6721. I'd appreciate it if you would coordinate
details with Jeff. Marybeth | {
"pile_set_name": "Enron Emails"
} |
Presidential:
Bush: 271 Electoral College votes (includes FL)
Gore: 260 Electoral College votes (includes WI)
Uncalled: Oregon 7 Electoral College votes
Senate:
Republicans: 51 (net loss of 3, includes Gorton of WA as a winner due to
absentees)
Democrats: 49
Open seats switching parties: FL open R to Democrat Nelson, NV open D to
Republican Ensign
Incumbents defeated: Republicans - Roth, Grams, Ashcroft, Abraham; Democrat
Robb
House:
Republicans: 222 (a net loss of 2)
Democrats: 213 (includes NJ 12 which has not been called)
Open seats switched Republican to Democrat - OK 2, NY 2, UT 2, CA 31, CA 15,
WA 2
Open seats switched Democrat to Republican - MI 8, PA 4, VA 2, MO 6, WV 2
Incumbents defeated: Republicans - Bilbray, Rogan, Dickey, Kuykendall;
Democrats Forbes, Gejdenson, Minge
Governor:
Republicans 29 (loss of WV)
Democrats 19 (gain of WV)
Independents 2 | {
"pile_set_name": "Enron Emails"
} |
FYI
----- Forwarded by Bernadette Hawkins/Corp/Enron on 03/13/2001 06:30 PM -----
"Jackie Gallagher" <[email protected]>
03/13/2001 05:48 PM
To: <[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>
cc:
Subject: Summary of FERC Recommendation on California Market Monitoring &
EPSA Comment Outline
MEMORANDUM
TO: Regulatory Affairs Committee
Power Marketers Working Group
FROM: Joe Hartsoe, Regulatory Affairs Committee Chair
Bob Reilley, Power Marketing Working Group Chair
Julie Simon, Vice President of Policy
Erin Perrigo, Senior Manager of Policy
DATE: 03/13/01
RE: Summary of the FERC Staff Recommendation on California
Market Monitoring and Mitigation and EPSA Comment
Outline
Pursuant to its December 15, 2000 Order (EL00-95-000) (December Order), FERC
released its Staff Recommendation on Prospective Market Monitoring and
Mitigation for the California Wholesale Electric Power Market (Report),
issued March 9th, addressing mitigation of price volatility in the California
markets. Comments on the Report are due on Thursday, March 22nd. The
following is a summary of the Report, along with an outline of possible EPSA
comments. We will discuss the report and EPSA's comments further on our
weekly Power Marketers conference call. To access the call, dial
1-800-937-6563 and ask for the Julie Simon/EPSA call. If you have any
questions, please feel free to contact Erin Perrigo at 202-628-8200 or
[email protected].
Report Summary
Stressing that the proposal is designed to apply only to approximately five
percent of the market that remains in real-time and not to the bilateral and
forward markets, the Report immediately notes that "ultimately the real
solution to California's problems lies in increased investments in
infrastructure."
The Report recommends that the California ISO conduct a real-time auction
with associated measures to mitigate the impact of physical and economic
withholding and significant exercises of market power during periods of
scarcity:
(1) Coordinating and Controlling Outages - The ISO should coordinate and
approve all planned outages by units that have a Participating Generator
Agreement (PGA) with the ISO. Coordination and outage control procedures
should then be coupled with reporting requirements to FERC and dispute review
should be expedited. Similarly, the ISO should closely monitor unplanned
outages and report questionable outages to FERC for further investigation.
(2) Selling Obligations - All capacity that is available and not scheduled to
run under sellers with PGAs should be offered in the real-time market - this
obligation would not be imposed on bilateral markets of the ISO day-ahead
markets. PGA generators would have to submit to FERC a dependable capacity
for each unit in addition to other operating parameters necessary to
calculate marginal costs, such as heat rate. FERC Staff would then use this
data, in combination with published fuel costs and emission credit data to
determine a price that the ISO would use pre-determined to mitigate prices
during times of reserve deficiency. Load Serving Entities should also be
required to name their curtailment price and to identify which loads will be
curtailed.
(3) Price Mitigation - When called upon to provide the available and
unscheduled capacity as mentioned above, PGA unit prices would be mitigated
in hours when there is a reserve deficiency, or Stage 3 emergencies (the
Report notes that it is "these hours which are extremely conducive to the
exercise of market power by suppliers") and will be obligated to sell
capacity in real-time at the marginal cost of the highest-priced PGA until
called upon to run.
(4) Real-time Price Mitigation for Each Generating Unit - all generating
units should have a standing, confidential price based on its marginal
costs. This price will be used by the ISO to establish the real-time market
clearing price when mitigation is appropriate. Staff believes that a single
market clearing price auction design is appropriate, thus reversing the
recommendation to use an as bid design in the December Order.
(5) Market Clearing Price - All real-time energy offers should be paid the
applicable market clearing price.
(6) Conditions for Invoking Mitigation - Mitigation measures should only be
applied to critical operating periods, such as emergencies.
As noted in the Report, Staff recognizes that there are potential
difficulties in implementing the proposal, and that "there are no easy
answers to the current problems in the California market." Among the
purported difficulties, Staff notes implementation problems with bidding
obligations on imported power, incentive effects on load scheduling,
treatment of purchased power, mitigating prices during emergencies, and
setting a price component for scarcity.
Suggested EPSA Comments
EPSA has a number of concerns with the proposal, however there are a few
things we commend. Namely: (1) the Staff's timely turnaround of the report,
as directed in the December Order; (2) their admission that the overarching
problem cannot be solved by these shorter-term mitigation measures, only by
increased investments in infrastructure; and (3) recommendation of the single
price auction in the real-time market, noting that it should be used for only
approximately five percent of the market. Also, to stress the importance of
regulatory certainty, the Report recommends a date-certain "sunset" for the
mitigation approach of no more than one year.
Areas of concern include:
(1) It is not acceptable to use a cost-based model to explain what happens to
prices in a shortage period. The oil shortages of the 1970s are a good
illustration - a nine percent cut in free world oil supplies led to the first
quadrupling of oil prices from about $3 to $12 per barrel. Similarly, prices
rose to $42 in 1980 with an eight percent reduction in free world oil supply.
(2) Staff's proposal for calculation of the market clearing price does not
create a market clearing price in scarcity situations, and does not take into
account the customer's value of the commodity. To the extent seller's costs
are used, full costs are not included Staff's recommendation. As outlined in
EPSA's recently filed white paper on market monitoring, full costs should
include opportunity costs, scarcity value, capacity value, and risk.
(3) The Report fails to link high prices to any anti-competitive behavior,
yet still alleges such behavior throughout the Report.
(4) EPSA opposes the forced bidding into the real-time market as
recommended. This prescription precludes and preempts competitive business
decisions and retards the healthy development of the market.
(5) The Report's method for calculating the market clearing price is not
illustrative of a true market and may create an artificial market clearing
price. The method proposed in FERC's refund order of March 9th may be
preferable to the method proposed in this Report. Staff's method only
includes participating generators and does not include imports, and
out-of-market purchases. EPSA prefers a method that is more inclusive of
details and characteristics of a true market. | {
"pile_set_name": "Enron Emails"
} |
Please assign in the morning for preparation on Friday, Nov. 17. Whoever
receives needs to call Chris Foster in Portland to coordinate. Thanks. sara
----- Forwarded by Sara Shackleton/HOU/ECT on 11/16/2000 07:11 PM -----
Tracy Ngo
11/16/2000 05:28 PM
To: Sara Shackleton/HOU/ECT@ECT
cc: Susan Bailey/HOU/ECT@ECT, Stephanie Panus/NA/Enron@Enron, Samantha
Boyd/NA/Enron@Enron, Edward Sacks/Corp/Enron@Enron, Wendy
Conwell/NA/Enron@ENRON, Veronica Gonzalez/HOU/ECT@ECT, Chris H
Foster/HOU/ECT@ECT
Subject: Southern California Water Company
Sara,
Per the request of Chris Foster, attached please find a credit worksheet for
a draft Master ISDA Agreement between ENA and Southern California Water
Company. Please let me know if you have any questions.
Regards,
Tracy
503-464-8755 | {
"pile_set_name": "Enron Emails"
} |
Hey, this earlier email to Paul bounced back. Do I appear to have the right
email address: [email protected] ?
Thanks
Mail Delivery Subsystem <[email protected]>
02/20/2001 03:45 PM
To: Ernie J Zavaleta/Frito-Lay/US@Frito-Lay
cc:
Subject: Warning: could not send message for past 4 hours
**********************************************
** THIS IS A WARNING MESSAGE ONLY **
** YOU DO NOT NEED TO RESEND YOUR MESSAGE **
**********************************************
The original message was received at Tue, 20 Feb 2001 17:43:16 GMT
from dnsmail3.fleet.navy.mil [205.56.144.15]
----- The following addresses had transient non-fatal errors -----
<[email protected]>
----- Transcript of session follows -----
<[email protected]>... Deferred: Connection reset by
john-paul-jones.navy.mil.
Warning: message still undelivered after 4 hours
Will keep trying until message is 2 weeks old(See attached file: ATT90030.TXT)
(See attached file: {{MSG002.RTF)(See attached file: Mvc-001s.jpg)(See
attached
file: Mvc-004s.jpg)(See attached file: Mvc-005s.jpg)(See attached file:
Mvc-007s.jpg)(See attached file: Mvc-009s.jpg)(See attached file:
Mvc-014s.jpg)
- ATT90030.TXT
- {{MSG002.RTF
- Mvc-001s.jpg
- Mvc-004s.jpg
- Mvc-005s.jpg
- Mvc-007s.jpg
- Mvc-009s.jpg
- Mvc-014s.jpg | {
"pile_set_name": "Enron Emails"
} |
Entire story: http://www.billsdaily.com/news/#112601
Bills To Cut Arians: Coach Williams said in his Monday press conference that
the Bills will make a move at kicker by the end of today and announce who
will be picked up tomorrow. The missed extra point was the last straw for
Jake Arians who struggled mightily as a rookie kicker in the NFL.
[ [ [ [ [ [ [ [ [ [ [ [ [ OUR VIEW ] ] ] ] ] ] ] ] ] ] ] ] ] ] ] ]
This wasn't hard to see coming after yesterday. Poor Bills can't catch a
break. Probably not a big deal for most of you, but didn't want any of you
Arians owners to get stuck on this short week if he was your guy.
Thanks to Footballguy Mike Webb for pointing me to this one.
Joe
/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/
Bryant Analytics, Inc. All Rights Reserved 1999-2001
To unsubscribe from this group, send an email to:
[email protected]
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ | {
"pile_set_name": "Enron Emails"
} |
Attached is a memo from Howard Fromer, Kathleen Sullivan and me regarding
regulatory issues in New York. Also attached are presentations Enron has
made recently.
Please let me know if you have any questions.
Sarah | {
"pile_set_name": "Enron Emails"
} |
Carlos Ruiz is asking for the value of the ENA/Garden State Paper (GSP) swap to be included as a creditor in the GSP bankruptcy. GSP is a bankrupt affiliate and the purpose of the valuation is not to settle but merely to show the claim that ENA has against GSP. Can I provide him a MTM on the position?
The internal attorney involved is Cheryl Lindeman.
Thanks
Louis R. DiCarlo
ENA Gas Structuring
Phone: 713-345-4666
Email: [email protected] | {
"pile_set_name": "Enron Emails"
} |
Traders et al:
Recently you've seen and will continue to see news in the press about FERC inquiries into natural gas prices at the California border and the West:
1. On Thursday, 24 May 01, FERC will be holding a technical conference in Washington DC on natural gas transportation infrastructure. Enron will be making comments at that conference emphasizing that only increased supply or decreased demand will bring prices down.
2. Yesterday, FERC released an inquiry into whether it should re-impose the as-billed cap on short-term (less than 1 year) releases of transportation capacity. FERC is considering re-imposing the cap in the entire WSCC, not just California. Enron's view (which it will present in formal comments due in 20 days) is that re-imposing the cap will do nothing to affect the California border price as it is driven by supply-demand fundamentals. However, you will likely see claims that reimposing the cap will bring rate relief to gas customers, including EG customers. Attached is a copy of this latest FERC inquiry.
If you have any question, please contact me.
Alan Comnes
: FERC Gas Orders Issued 5/22
MEMORANDUM
TO: Regulatory Affairs Committee
Power Marketers Working Group
FROM: Jim Steffes, Regulatory Affairs Committee Chair
Bob Reilley, Power Marketers Working Group Chair
Julie Simon, Vice President of Policy
Mark Bennett, Senior Manager of Policy
Erin Perrigo, Manager of Policy
DATE: May 23, 2001
RE: FERC Gas Orders Issued 5/22
Late yesterday FERC issued two gas orders, which are attached. In the San Diego Gas and Electric/LADWP Order the Commission requests comments on whether it should reimpose the maximum rate ceiling on short term capacity release transactions into California. The second is a more detailed notice of the schedule for tomorrow's staff technical conference on California Natural Gas Transportation Infrastructure. We will discuss possible EPSA responses to the request for comments on our weekly conference call and the Gas Issues Working Group on June 7th. If you have any questions, please call Julie Simon at EPSA (202-628-8200 or [email protected]).
Attachment
- pl01-4.00a.doc
- rp01-180.00z.doc | {
"pile_set_name": "Enron Emails"
} |
Debra,
Could you call me when we're set to trade w/ Cinnabar? Thanks for your help,
I appreciate it.
Kevin
x3-6320 | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 05/07/2001
04:28 PM ---------------------------
"Ryan Lee" <[email protected]> on 05/07/2001 05:18:02 PM
To: "'Ryan Renz' \(E-mail\)" <[email protected]>, "Nick Woods \(E-mail\)"
<[email protected]>, <[email protected]>, "John McWhite"
<[email protected]>, "Jayson Gill" <[email protected]>, "JAKE
Istnick" <[email protected]>, <[email protected]>, "David Shaw"
<[email protected]>, "Claude.Aldridge" <[email protected]>,
"Chris Tuttle" <[email protected]>, "Brian Beggs" <[email protected]>,
"Ben Abendroth" <[email protected]>, "Bagby, Joel" <[email protected]>, "Andy
Patton" <[email protected]>
cc:
Subject: Fw: ebonics
Bitch betta recognize!
?
----- Original Message -----
From: Lee, Ryan
To: '[email protected]'
Sent: Friday, April 20, 2001 9:00 AM
Subject: FW: ebonics
?
-----Original Message-----
From: Waters, Timothy
Sent: Thursday, April 19, 2001 10:27 AM
To: Lee, Ryan; Williams, Zach; Stone, David; Hobbs, Aaron;
'[email protected]'; '[email protected]'
Subject: ebonics
> Leroy is a 20 year-old 5th grader. This is Leroy's
> > >Ebonics homework assignment. He must use each
> > >vocabulary word in a sentence.
> > >
> > >1. Foreclose
> > >If I pay alimony today, I got no money foreclose.
> > >
> > >2. Rectum
> > >I had two Cadillac's, but my bitch rectum both.
> > >
> > >3. Hotel
> > >I gave my girlfriend crabs, and the hotel everybody.
> > >
> > >4. Disappointment
> > >My parole officer tol' me if I miss disappointment
> > >they gonna send me back to the joint..
> > >
> > >5. Penis
> > >I went to the doctors and he handed me a cup and said
> > >penis.
> > >
> > >6. Israel
> > >Tito try to sell me a Rolex. I say, "man, it look
> > >fake." He say, "Bullshit, that watch israel".
> > >
> > >7. Catacomb
> > >I saw Don King at da fight the other night. Man,
> > >somebody get that catacomb.
> > >
> > >8. Undermine
> > >There's a fine lookin' ho living in the apartment
> > >undermine.
> > >
> > >9. Acoustic
> > >When I was little, my uncle bought me acoustic and
> > >took me to the poolhall.
> > >
> > >10. Iraq
> > >When we got to the poolhall, I tol' my uncle iraq,
> > >you break.
> > >
> > >11. Stain
> > >My mother-in-law stopped by and I axed her, "Do you
> > >plan on stain for dinner?"
> > >
> > >12. Seldom
> > >My cousin gave me tickets to the nicks game, so
> > >seldom.
> > >
> > >13. Honor
> > >At the rape trial, the judge axed my buddy, "Who was
> > >honor first?
> > >
> > >14. Dictate
> > >My girfriend say my dictate good.
> > >
> > >15. Odyssey
> > >I tol' my brother, "You odyssey the tits on that ho!"
> > >
> > >16. Axe
> > >After school today, the police want to axe me some
> > >questions.
> > >
> > >17. Fortify
> > >I axed this ho on da street, "how much?" she say
> > >"fortify."
> > >
> > >18. Income
> > >I just got in bed wif da ho and income my wife.
German | {
"pile_set_name": "Enron Emails"
} |
I don't have a problem supporting the concept generally. Since they took the
trouble to ask for our help, its probably the right thing to do politically
and relationship-wise. On the substance, I doubt this will do them or us
much good in the long run as FERC will just ignore us all if pipelines start
acting as cheerleaders for each others' proposals. Will they ghost write it
or do you need someone to draft it up? DF
Shelley Corman
01/18/2001 03:11 PM
To: Drew Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Maria
Pavlou/ET&S/Enron, Dave Neubauer/ET&S/Enron@ENRON, Robert
Kilmer/FGT/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Ray
Neppl/NPNG/Enron@ENRON, Jack Boatman/FGT/Enron@ENRON, Frazier
King/FGT/Enron@ENRON, Julia White/ET&S/Enron@ENRON
cc:
Subject: Support for Tennessee's Hourly Firm Service
Margarite Wong-Chapman, general counsel of Tennessee Gas Pipeline (and Peggy
Heeg, general counsel of El Paso corp) called me to see if the Enron Pipeline
would be willing to file in support of their hourly firm filing. She called
because she said that our pipelines are on record as saying that pipelines
need flexibility to serve electric generators. Protests are coming from the
Dynegy/Indicate Shipper crowd that claim that pipeline can provide hourly
flexibility within current FT. A technical conference is set for next
Tues. & either Nancy or Jan will cover.
I told Margarite that I would see whether I could drum up any support for an
ETS intervention and comments in support. I told her that any ETS comments
would at most be brief and state general support for the notion that pipeline
need flexibility to serve electric generators. I also told her that I
doubted that we could file by next Tues.
Let me know what you think. Personally I see some value from cooperating
with El Paso on this issue.
FYI - I will separately fax you a copy of the proposal to be discussed at the
next INGAA/Generator roundtable meeting next Tues. here in Houston. For the
most part, the proposal is more of the same tone -- we should be able to
serve generators under existing services. | {
"pile_set_name": "Enron Emails"
} |
I met with a contact at the Department of State Global Affairs division today. While much was up in the air given last week's events, here is some information on where things stand for now:
1) The U.N. and Morocco intend to hold the next set of climate change negotiations (COP-7) as planned in late October. Under Secretary of State for Global Affairs Paula Dobriansky is scheduled to attend, but that could change.
2) If the negotiations go forward, the U.S. will not seek to delay action by the other nations, but will engage to protect U.S. interests (consistent with their approach in Bonn in July);
3) Jim Connaughton, head of the White House's Counsel on Environmental Quality, has taken the staff lead on developing the Bush Administration's alternative. While Connaughton has expressed confidence that he can put a plan together (timeline uncertain -- but aiming for COP-7), some feel that is ambitious given the political divide on this issue within the Administration, and especially given the current focus on security and a response to the terrorist attacks last week. With regard to COP-7 timing, I would agree on both counts.
I will work with Pat and Jeff on follow-up with CEQ to get up to speed on their current thinking and offer our expertise as appropriate.
Please let me know if you have any questions or comments.
Lisa Jacobson
Enron
Manager, Environmental Strategies
1775 Eye Street, NW
Suite 800
Washington, DC 20006
Phone: +(202) 466-9176
Fax: +(202) 331-4717 | {
"pile_set_name": "Enron Emails"
} |
Start Date: 2/2/02; HourAhead hour: 17; HourAhead schedule download failed. Manual intervention required. | {
"pile_set_name": "Enron Emails"
} |
Have you decided on plans for New Years? I was thinking about doing a nice
dinner somewhere (i.e. Ruth Chris). Let me know.
-Eric | {
"pile_set_name": "Enron Emails"
} |
take me off your mailing list
[email protected] on 09/05/2000 01:57:01 PM
To: [email protected]
cc:
Subject: Job Opportunities from IDRC
IDRC Job Opportunity Posting
DATE RECEIVED: September 05, 2000
POSITION: Real Estate Manager
COMPANY: Sony Corporation of America
LOCATION: New York City NY, USA
For complete details go to:
http://site.conway.com/jobopps/jobdetail.cfm?ID=82
To see all job postings go to: http://site.conway.com/jobopps/jobresult.cfm | {
"pile_set_name": "Enron Emails"
} |
FERC has not yet issued on the list of panel participants for the November 9
conference, but we will circulate it as soon as it is posted on FERC's web
site. I did speak to Julie Simon at EPSA, however, and she told me that
based on calls she has received all day from EPSA members, that it looks like
FERC is mixing up the panels so that they will not be put together by market
participant class. Julie has heard that each panel will have approximately
6 people, and each person will be given 5 minutes to make a presentation.
Each panel will have 90 minutes total, so FERC is probably planning on having
a significant dialogue with each panel after formal comments are made.
Also, Scott Miller called Julie today and told her that FERC is feeling
somewhat beleaguered by industry response to the California order. FERC
feels that they issued a good order for marketers and generators, and they
would like to hear positive responses from market participants at the meeting
on Thursday and in the written comments on November 22. We of course will be
expected to state our positions, but Scott asked that we (EPSA members)
temper our comments and recognize and praise FERC for the bold action it took
in the order (on things like governance, buy/sell requirement, etc.) in
addition to raising our concerns about the price mitigation measures.
Please let me know if you have any questions. We'll let you know as soon as
we get the order for the November 9 meeting.
Sarah | {
"pile_set_name": "Enron Emails"
} |
FYI
----- Forwarded by Scott Bolton/Enron Communications on 11/22/99 08:19 AM
-----
Jeffrey Keeler@ENRON
11/19/99 10:57 AM
To: Scott Bolton/Enron Communications@Enron Communications
cc: Cynthia Sandherr/Corp/Enron@ENRON, Joe Hillings/Corp/Enron@ENRON, Chris
Long/Corp/Enron@ENRON, Steven J Kean/HOU/EES@EES, Richard Shapiro/HOU/EES@EES
Subject: Internet Language DROPPED from Satellite TV bill
Scott:
Just to follow up on my e-mail and voice mail messaged to you: language that
would have barred internet companies from obtaining the licenses to transmit
movies, sporting events and other broadcast programs was DROPPED from H.R.
1554, the satellite TV bill (which is attached to H.R. 3194, the omnibus
appropriations legislation).
Please see the CQ article below for more information on the legislation in
general. We will certainly continue to watch for language like this that
might surface in future legislation. In the context of ECI's larger
legislative agenda, we may also want to explore the potential to develop
legislation that would pro-actively ensure the broadcast of licensed
programming over the internet.
Cheers,
Jeff
*********
TELECOMMUNICATIONS: SATELLITE BILL SURVIVES A SCARE, CARRIES OTHER MEASURES
WITH IT
By Alan K. Ota, CQ Staff Writer
Nov. 18, 1999 - The uproar in the Senate Thursday over deletion of a loan
guarantee program designed to improve rural television service nearly
obscured the significance of the satellite television bill that was linked to
the fiscal 2000 omnibus spending bill (HR3194).
The controversial provision would have created a new Agriculture Department
program to guarantee $1.25 billion in loans enabling satellite providers to
transmit local programming to rural subscribers -- service they insist is too
expensive to provide without help. It was added to the satellite TV bill
(HR1554) in conference but dropped when the final version (S1948) was
referenced in HR3194.
Rural-state senators led by Max Baucus, R-Mont., blocked action on a stopgap
funding bill (HJRES82) until leaders promised them a floor vote on the loan
guarantee legislation or similar provisions by next April 1.
Also dropped from the final bill was language that would haved barred
Internet service providers from obtaining the licenses necessary to transmit
movies, sports events and other broadcast programming. Cable and satellite
providers would be the only entities with such licenses. America Online and
other companies lobbied furiously to strip the provision.
The final measure would for the first time allow satellite companies to beam
local news, sports, weather and other broadcast programming to all of their
customers, just as cable providers do.
And it would grant a reprieve to more than a million satellite subscribers
now receiving local channels who otherwise would lose those signals by year's
end. A court had ruled the subscribers do not qualify to receive local
signals by satellite under current law.
Satellite companies would have to gain permission from local broadcast
stations within six months after they begin retransmitting those signals.
By Jan. 1, 2002, satellite carriers that transmit local channels would have
to carry all of the channels in that community, a "must-carry" requirement
already imposed on cable providers.
The measure would extend for five years the licenses under which satellite
companies retransmit the signals of superstations and distant network
stations and reduce the copyright fees they must pay.
The bill would generally retain existing standards for determining which
subscribers are eligible to receive distant network signals by satellite, but
it would require the Federal Communications Commission to review its model
for determining which areas are unable to receive acceptable-quality
broadcast signals over the air.
Like the conference report on HR1554, the final satellite bill carries a
number of pieces of unrelated legislation.
* Patent Overhaul. In a victory for Senate Judiciary Committee Chairman Orrin
G. Hatch, R-Utah, negotiators included a patent system overhaul bill (HR1907)
that was strongly opposed by some inventors and by the Eagle Forum, a
conservative group headed by political activist Phyllis Schlafly, who argued
that it would permit foreign companies to steal American technology.
The bill would require publication of some patent applications, which have
been filed both in the United States and abroad, within 18 months of filing,
whether or not patents have been granted.
The measure also would require the Patent and Trademark Office to approve or
reject a patent application within three years. It would provide patent term
extensions for any not approved within that three-year period to guarantee
investors a 17-year patent term. Currently, patents are for 20 years, but
inventors often lose years waiting for approval of their applications.
* Low-Power TV Stations. The omnibus spending bill also included provisions
of a bill (HR486) to create a new "Class A" license for low-power television
stations equivalent to those granted to full-service "primary" stations.
The provisions are designed to help low-power stations that often provide
"niche" programming in urban areas and local programming in rural areas
become more stable and commercially viable.
* 'Cybersquatting.' The measure includes provisions of a bill (S1255) to bar
unauthorized use of trademark-protected brand names in Internet addresses.
The bill was passed by the Senate by voice vote Aug. 5; the House passed a
different version Oct. 26.
* PBS Donor Lists. In response to disclosures earlier this year that some
public broadcast stations had exchanged donor lists with political parties --
and primarily with Democratic Party units -- negotiators included a provision
to prohibit such stations from sharing their donor lists with political
parties. It also would bar disclosure of its donors to any non-affiliated
group without the donor's consent. Rep. Cliff Stearns, R-Fla., had introduced
legislation (HR2791) earlier this year to prohibit the list-sharing, but the
bill did not advance. | {
"pile_set_name": "Enron Emails"
} |
Ding, ding, ding...! You're ready for Who Wants to be a Millionaire! | {
"pile_set_name": "Enron Emails"
} |
I cannot imagine a shirt larger than the one you received. Yikes. Sounds
like Neil still has a chance for a new shirt.
We'll have to allow extra time next Monday for a double de-brief.
Kay
From: Carlos Sole on 03/19/2001 09:46 AM
To: [email protected]
cc:
Subject: Withdrawal
Must confess that it's a bit wierd with you not being here. Although we've
talked on the phone, I''ve ginda gotten used to having a face-to-face weekend
debrief each morning to let my coffee kick in.
PS Scott also got thw rong shirt size from A&K, he wears XXL and is
disappointed he only got a XL. I sure hope that they got JD's size right.
I'll have to check with Lance and see what he got.
Carlos Sole'
Senior Counsel
Enron North America Corp.
1400 Smith Street
Houston, Texas 77002-7361
(713) 345-8191 (phone)
713 646-3393 (fax) | {
"pile_set_name": "Enron Emails"
} |
Guys, it will be very difficult to get money out of the power group - is the
expectation that I come up with the dollars - just curious. Are we not
circumventing the spirit of the political contribution rules?
Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 10/06/2000
08:24 AM ---------------------------
Barbara A Hueter@EES
09/29/2000 02:32 PM
To: [email protected]
cc:
Subject: Support for key TN lawmakers
---------------------- Forwarded by Barbara A Hueter/DUB/EES on 09/29/2000
03:32 PM ---------------------------
Barbara A Hueter
09/29/2000 03:27 PM
To: Dave Delainey, John J Lavorato/Corp/Enron
cc:
Subject: Support for key TN lawmakers
---------------------- Forwarded by Barbara A Hueter/DUB/EES on 09/29/2000
03:27 PM ---------------------------
Barbara A Hueter
09/29/2000 03:24 PM
To: Dave Delaney, John Lavorado, Mitch Robinson/Corp/Enron, Ben Jacoby/HOU/ECT
cc: Richard Shapiro/HOU/EES@EES
Subject: Support for key TN lawmakers
Gentelmen,
Following is an email detailing requests for personal contributions to
legislators who have been instrumental to Enron regarding our power plants in
Tennessee. I produced this list based on recommendations from our lobbying
firm, Stokes Bartholomew, in Nashville.
In 1999, Stokes Bartholomew, working with Jordan Mintz in Enron's tax
department, convinced the state legislature to pass legislation clarifying
that Enron's power plants would be exempt from the gross receipts tax. Had
we not succeeded in the effort, we would have had to pay gross receipts taxes
of approximately $1.5 million per year.
In 2000, Tennessee is one of the only states in the union that has been
running a deficit in the general revenue fund. Rather than going home for
the summer, the legislature stayed in session and debated among themselves
and with the Governor on how to solve the revenue shortfall issue.
Eventually, they adopted unreasonably optimistic revenue projections to
produce a balanced budget (on paper). This has not solved the problem
because the state is already $100 million below revenue projections in the
first quarter of the fiscal year. The legislature will look for a long term
solution when it returns in January. Stokes Bartholomew informs me that all
sources of revenue will be considered - this means our exemption from the
gross receipts tax could possibly be repealed. At this time, no one is
singling this exemption out, but Stokes Bartholomew is cautious and is
monitoring the issue closely.
Numerous legislators supported the gross receipts legislation for Enron. If
our gross receipts tax exemption is threatened next legislative session, we
would have to return to these same legislators (if they are reelected) for
support. As long as Enron pays taxes in Tennessee, it behooves us to take an
active interest in supporting those legislators who will defend our interests
in the capitol.
Since you are the key contacts at Enron for Tennessee, I ask you to assess
this matter and decide whether ongoing legislative support is important to
Enron's interests in TN and make contributions accordingly.
I have recommended $9,500 in contributions. While this seems like a large
amount, it is miniscule in comparison to the taxes we are not paying.
Moreover, it will go a long way to helping us protect our interests against
those who would fight to have "big corporations", particularly out-of-state
corporations, get stuck with additional tax burdens to solve the state's
fiscal woes.
You are probably asking why we are not using Enron PAC funds or coroporate
funds to make these donations. Tennessee law prohibits us from using
corporate funds and limits the use of PAC funds to those PACs that do not
receive any source of support from the corporation. Because Enron Corp. pays
the expenses for the Enron PAC, we are not permitted to contribute Enron PAC
funds to candidates in Tennessee. This is one of the most onerous political
contribution laws in the country.
If you have any questions I can be reached for the next week at
614.306.4359. Or you can leave a message for me at 614.760.7472.
---------------------- Forwarded by Barbara A Hueter/DUB/EES on 09/29/2000
12:56 PM ---------------------------
Barbara A Hueter
09/14/2000 03:28 PM
To: Ben Jacoby
cc: Rick Shapiro, Janine Migden/DUB/EES@EES
Subject: Support for key TN lawmakers
Per our phone conversation, following is a list of key legislative leaders
deserving of Enron's support. This list has been developed by our
counsel/legislative agents in Nashville: Bill Bruce, Gif Thornton and Robert
Gowan.
Please feel free to call me to discuss further. You can reach me on my cell
phone this afternoon and all day tomorrow. I will be in the office on Monday.
Lieutenant Governor: Senator John Wilder (Democrat)
$2,500
Represents Brownsville in the Senate.
Sponsor of 1999 gross receipts tax exemption legislation for Brownsville.
Has a serious opponent this November.
The Senate elects the Lieutenant Governor who also serves as the head of the
Senate. It is in Enron's best interst that John Wilder win the election and
be re-elected Lieutenant Governor.
Rep. Jimmy Naifey
$1,000
Speaker of the House
Represents Brownsvile.
Senate Candidate Larry Trail (Democrat)
$2,000
John Wilder's personal mission, besides his own election, is to get Larry
elected to the Senate (it is an open seat that is being vacated by a
Democrat).
If the Democrats lose this seat there is a very good chance that Senator
Wilder will not be re-elected Lieutenant Governor because the Democrats will
have lost the majority in the Senate.
Rep. Matt Kisber (Democrat)
$1,500
Represents the Jackson area.
Very pro-business Democrat.
Is in a very tough race because the district was redrawn and it now majority
Republican.
Matt is the chair of the House Finance, Ways and Means Committee - which
hears all gross receipts tax matters.
Was very helpful to Enron on the gross receipts legislation.
Senator Jerry Cooper
$1,000
Chair of the Senate Commerce Committee
His committee hears all legislation relating to energy and power plants.
Rep. Shelby Rinehart
$500
Chair of Commerce Committe (all energy and power plant issues) and powerful
member of the House Finance and Ways and Means Committee.
He is extremely powerful. Bill, Gif and Robert have a very good relationship
and rely on him for assistance for their clients regularly.
Unless otherwise noted, checks should be make payable to "Friends of
_______________".
Please forward to Bill Bruce fo personal delivery. (or if you want to get
them to me I can pass them along)
Bill Bruce
Stokes, Bartholomew, Evans and Petree P.A.
Sun Trust Financial Center
424 Church Street, Suite 2800
Nashville, TN 37219-2386 | {
"pile_set_name": "Enron Emails"
} |
Mark and Dave, Please print out two copies of each and execute all four. The closing statements need to be printed on ENA Letterhead. Sign all four and fax to Don Baldridge. Put all four originals in the Fedex to me for initial. I have asked Don to obtain execution of NBP's side and fax back to me. Let me know if you have any questions. | {
"pile_set_name": "Enron Emails"
} |
THE COUNTDOWN IS ON!
The Associate & Analyst Website you have been waiting for is almost ready.
It is called AXIS and the official launch date is Monday, January 31, 2000.
This AXIS site has everything you need in a user-friendly format. Find it
at axis.enron.com
For Associates and Analysts:
Available rotation information
Business unit news and data
Program events, activities and other members of the pool
Online resume and profile repository
Knowledge management events (eThink)
Important forms to download ( expense reports, loan applications, etc.)
For the Business Units:
Search for Associate&Analyst talent using the Manager Toolbox
Peruse qualifications (resumes, career histories)
Create and view rotation requests for your group
Learn about A&A Program events and activities
Participate in knowledge management events (eThink)
We hope that everyone will utilize this outstanding website because it was
designed with both groups in mind. We want the A&A members to know what is
available for them with regard to business unit news and rotation
information; and we want the business units to find the best match for their
professional needs. Check out all the features and help evaluate the
content. Let the Associate & Analyst Department know what you think and
offer any ideas or suggestions. Your input will be invaluable. | {
"pile_set_name": "Enron Emails"
} |
Good thinking and good hustle on your part Craig, as usual. Do we know what
the system problems were and if they were on their end or ours? I agree that
timetable issues in general and the approval process for Demarc deals, in
particular, need to be reviewed when we get together on contract process
issues.
From: Craig Buehler 02/02/2001 12:20 PM
To: Kent Miller/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Danny McCarty/ET&S/Enron@Enron, Dave
Neubauer/ET&S/Enron@ENRON, Jo Williams/ET&S/Enron@ENRON, Jeff
Nielsen/ET&S/Enron@Enron, Karen Brostad/ET&S/Enron@ENRON, Rick
Dietz/ET&S/Enron@ENRON, Linda Trevino/ET&S/Enron@ENRON
cc:
Subject: Re: Routing request on EOL deal
This is a long story...
Oneok requested a deal for Feb. 3-28, 10,000/d from MidCon Pool to Demarc @
$.03/d Demand + Min. Commodity (Standard Language terms plus all Field Area
points available as alternates at the discounted rate). Originally, this
deal was going to be entered into via EOL. I input the deal's terms into CMS
(contract system) under this assumption. Oneok was a first-time EOL
participant and they had system problems when attempting to accept the EOL
posting. With the "on-time" nom deadline fast approaching, I decided to
switch the deal over to a standard TFX agreement. Since EOL deals are
"pre-approved," the deal had already been manually routed (at my request)
so it could be activated per our standard EOL process. This deal was
required to route due to the Demarc DP (all other terms were standard and
within the Marketer's approval level). At the point I decided to switch the
deal over to a TFX deal from an EOL deal, it was impossible to re-route for
approval . I advised Danny and Drew of the change and they signed off on the
CAF form. I then called Ranelle and advised her of the switch from EOL to
TFX but she was not given time to review the agreement. The deal was then
faxed to the Shipper, signed, returned, activated and nominated prior to
11:30am. The deal got done but not within our standard procedures. The
window between a deal being struck and on time noms (a factor in the deal's
value) is constantly shrinking, leaving no room for error. Hopefully the
Contract Process meeting scheduled for next week will address some of these
issues. If anyone has additional questions, I'll try and answer them.
Craig
==============================================================================
====================
Karen Brostad
02/02/2001 11:42 AM
To: Craig Buehler/ET&S/Enron@ENRON
cc:
Subject: Re: Routing request on EOL deal
Craig: Would you please respond to Mary Kay on what transpired on this deal
since I did the approvals? Thanks
Karen
==============================================================================
====================
From: Mary Kay Miller 02/02/2001 11:10 AM
To: Karen Brostad/ET&S/Enron@ENRON
cc:
Subject: Re: Routing request on EOL deal
What was the EOL posting for, besides 10,000? term, rate etc? MK
==============================================================================
====================
Karen Brostad
02/02/2001 11:01 AM
To: Kent Miller/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Danny McCarty/ET&S/Enron@Enron, Dave
Neubauer/ET&S/Enron@ENRON
cc: Craig Buehler/ET&S/Enron@ENRON, Linda Trevino/ET&S/Enron@ENRON, Rick
Dietz/ET&S/Enron@ENRON
Subject: Routing request on EOL deal
There was an EOL deal this morning for Oneok Field Services, req 39940, for
10,000; Midcontinent Pool to Demarc that because of demarc, requires
approvals through President level.
Due to the nature of the EOL deals, I routed the request then approved on
your behalf immediately thereafter.
Please disregard your email notice to approve request 39940. Should you have
further questions, please advise.
Karen Brostad
x 37312 | {
"pile_set_name": "Enron Emails"
} |
Chris - I will forward the article to the steel distribution (jeff already
has it). I will distribute the steel study tomorrow when I receive it.
Thanks,
Lisa
Chris Long
04/30/2001 10:07 AM
To: Lisa Yoho/NA/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Richard
Shapiro/NA/Enron@Enron
cc:
Subject: Wall St. Journal--
Lisa - Please get this to Jeff McMahon and the steel group. Below are two
press reports on the CITAC (the coalition we joined to fight 201) study on
the effects of steel import quotas. We will use this as a basis for lobbying
campaign over the next month. I will send you a copy of the study overnight.
Thanks - Chris
Look on p. A8 of the Wall St.Journal. Both articles are attached.
April 30, 2001 <<...>>
Economy
Consuming Group Attacks Effort
By Steelmakers to Curb Imports
By ROBERT GUY MATTHEWS
Staff Reporter of THE WALL STREET JOURNAL
A grass-roots organization of consuming industries is mounting a campaign to
stop the steel industry's relentless push to sharply limit the amount of
cheap foreign steel allowed into the country, a move currently being
considered by President Bush.
Monday, the Consuming Industries Trade Action Coalition (www.citac-trade.org
<http://www.citac-trade.org/> ) is expected to release a report that says
that five times as many jobs will be lost in steel-consuming industries as
would be saved in the steel-making industry if quotas are passed. The report
also says that import limits would drive up the costs of steel and force
steel users, such as those serving the household appliance, construction,
automobile, machinery and equipment industry to lay off workers and cut
production.
"The thing to think about here is to look at when Washington is protecting
the narrow interests of one industry, they don't always see the broader
perspective," said Jon Jensen, chairman of Citac.
But steelmakers and steel unions counter that the consuming industries have
long enjoyed a period of extremely low steel prices and that it is unfair to
expect the steel producers to continue to bear the brunt just to keep steel
costs low. Hot-rolled and cold-rolled steel, two of the most widely used
steel products, have seen their prices plunge to some of their lowest prices
in decades at the same time consuming industries have been able to increase
production, hire more employees and lower the costs of goods because of a
rapid fall in steel prices.
"We have in this country bad trade policy," says Leo Gerard, president of
the United Steelworkers of America. "Clearly there are groups that are
taking advantage of this unfair trade policy and we are mounting a campaign
to stop this abuse."
There has always been tension between the steel industry and the users of
steel, with each side wanting the other to be less demanding about prices
and supply. But the acrimony has increased in recent months as the steel
industry suffers through a long string of quarterly losses eroding market
share because of increased availability of foreign steel, which is often
cheaper and seemingly endless in supply. In the past two years, about 20
steelmakers have filed for Chapter 11 bankruptcy-court protection.
The steel industry has pushed for import quotas with its powerful steel
lobbyists in Washington. Elected officials from steel-producing states have
also turned up the heat for protections to the industry. The Bush
administration has indicated that it would support a three- to five-year
moratorium on foreign steel imports for many steel products that are
domestically made, if the steel industry agrees to consolidate and
reorganize in order to become more competitive both in the domestic and
international markets.
Feeling outpowered, the consuming industries, a loose band of mostly small,
nonunion companies, including Stamco Industries Inc. of Euclid, Ohio, and
All American Mfg. Co. of Los Angeles, formed Citac nearly two years ago to
push their agenda and show that there are more users of steel than makers of
steel. Absent from the group are big appliance makers and automotive
customers, although those customers too are against allowing additional
quotas on imports.
The report says that if the most drastic of several import quota plans were
to be implemented, about 3,700 steel jobs would be protected. But 19,000 to
32,000 jobs in the steel-consuming sectors would be lost. The report also
says that the average pay for these lost steel consuming jobs is about $17
an hour.
Keith Busse, chief executive officer of Steel Dynamics Inc., based in
Butler, Ind., criticized the report and the effort to keep additional import
quotas from becoming law. "It's ridiculous for these guys to want to
continue to see the domestic steel industry to suffer. We depend on each
other," he says.
Write to Robert Guy Matthews at [email protected]
<mailto:[email protected]>
<<...>> Steel users assert quotas would cost jobs
By Nancy E. Kelly
WASHINGTON, April 30 -- Steel users struck a blow against agitated suppliers
seeking import restraints on foreign steel by funding a study on job losses
under several import policies.
The report concluded that quotas would result in three times as many
steel-consuming industry workers losing their jobs as would be protected in
steel manufacturing.
Funded by a foundation affiliate of the Consuming Industries Trade Action
Coalition (CITAC), "Costs to American Consuming Industries of Steel Quotas
and Taxes" was written by the Trade Partnership, a Washington research
group. CITAC members include a number of large steel consumers and
associations, including Caterpillar Inc., Toyota Motor Manufacturing North
America Inc., Nissan North America Inc., the American Wire Producers
Association, the International Association of Drilling Contractors, the
Precision Metalforming Association and the American Institute for
International Steel.
The 30-page report, to be formally unveiled at a Washington press conference
Monday, based its findings on a "state-of-the-art" econometric model to
determine the costs to steel-using industries and consumers if the Steel
Revitalization Act (H.R.808) were passed into law. The bill, backed by the
United Steelworkers union, includes an import rollback to an average of
levels between 1994 and 1997; an expansion of the $1-billion steel loan
guarantee program to $10 billion; a 1.5-percent tax on all steel sold in the
United States; and a grant incentive program for merged steel companies to
maintain employment levels. The model also was used to determine the sole
costs of quotas alone.
According to its findings:
* The steel bill would protect no more than 3,700 steel jobs in
contrast to a loss of between 19,000 and 32,000 jobs in steel-consuming
sectors.
* Quotas outlined in the bill would cost tax consumers $1.35 billion
to $2.89 billion annually, or $732,000 per job protected in the steel
industry.
* Quotas alone would result in two to three times as many workers in
steel-consuming industries losing their jobs as would be protected upstream
in the steel industry.
* Quotas alone would cost consumers from $1.33 billion to $2.34
billion annually, or as much as $565,000 per steel job protected.
Asked about the ultimate costs to consuming industries if the domestic steel
industry was substantially reduced, Laura M. Baughman, who authored the
study with Joseph F. Francois, said that CITAC wanted a healthy domestic
steel industry. "CITAC is not for putting the domestic steel industry out of
business, but they don't think import quotas are the answer," she said.
"Imports are not the problem--other things are the problem."
The study said that technology was driving the long-term change in the
industry while the steel ranks had been blaming other factors, including
imports. Asked why modern, efficient mini-mills like Nucor Corp. and Steel
Dynamics Inc. also were citing imports as the cause of severe pricing
declines, Baughman had no hard answer. "I find that very sad," she said.
"These are companies that understand the value of imports to the U.S.
economy and have relied on imports themselves for raw materials. I don't
know."
Baughman emphasized that the Trade Partnership had no political agenda and
defended the model as rigorous and not easily manipulated. "It's a model
that takes into account the entire economy and the effects on everything
from agriculture to banking in a change on steel imports, using basic input
and outputs," she said. | {
"pile_set_name": "Enron Emails"
} |
Hi Robin,
Here they are.
Brian. : ) | {
"pile_set_name": "Enron Emails"
} |
Confirmation of date & time for UT Summer Analysts & Associates Luncheon:
Date: Friday, July 21
Time: 11:30 AM
Location: EB 50M Dining Room | {
"pile_set_name": "Enron Emails"
} |
Liz,
I can take one set, either today or tomorrow.
Thanks.
Vince
-----Original Message-----
From: Taylor, Liz
Sent: Monday, May 21, 2001 11:22 AM
To: Hickerson, Gary; Kaminski, Vince J; Presto, Kevin; Arnold, John; Phillip Allen/Enron@EnronXGate; Nowlan Jr., John L.; Mcclellan, George; Zipper, Andy; Black, Don
Subject: Astro's Tickets - Diamond Club Level (4)
Greg Whalley's four diamond club level Astros tickets are available for tonight and tomorrow night (5/21 & 22). Please advise if you have an interest.
Many Thanks,
Liz Taylor
x31935 | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Eric Bass/HOU/ECT on 09/06/2000 03:47 PM
---------------------------
"Brian Hoskins" <[email protected]> on 09/06/2000 03:41:03 PM
To: [email protected], [email protected], [email protected],
[email protected], [email protected], [email protected], [email protected],
[email protected], [email protected]
cc:
Subject:
September 6, 2000 WSJ
Bush vs. the Press
A Washington adage holds that a politician commits a "gaffe" when he
inadvertently tells the truth. This is how we read George W. Bush's
off-the-record aside that New York Times reporter Adam Clymer is a "major
league" you-know-what.
In that refreshingly incautious remark caught Monday by an open microphone,
Mr. Bush was admitting, albeit unintentionally, that his campaign has a
press problem. We aren't referring only to Mr. Clymer, whose performance
review has been ably undertaken by neo-liberal journalist Mickey Kaus at
kausfiles.com. We're talking about the general media double standard faced
by every prominent conservative politician.
As Democrat-turned-journalist Michael Barone has observed, the mainstream
media aren't pro-Democratic. They will sometimes take a Democrat to task,
especially if he violates a media shibboleth such as "campaign-finance
reform." But they are reliably anti-Republican. That is, in newsrooms across
the land there is noticeably greater skepticism, and often animosity, toward
politicians who are cultural conservatives or who want to restrict the scope
of federal power.
This rarely manifests itself in blatant partisanship or attacks. Instead the
slant shines through in the press pack's definition of what constitutes news
or the interpretation the pack puts on news. Consider the treatment of three
recent campaign episodes:
When Mr. Bush said back in the primaries that his favorite philosopher was
"Christ," he was downgraded on the spot by the press for pandering to the
"religious right." The implication was that he couldn't possibly mean it.
But now Democrat and liberal Joe Lieberman is making a much more frequent
and vocal issue of his own religious faith, and the same media that scolded
Mr. Bush are writing long, thoughtful treatises on the role of religion in
politics. And any criticism of Mr. Lieberman is accompanied with the caveat
that the Orthodox Jew really is sincere. This is a double standard.
Or take Mr. Bush's recent decision to run a TV spot attacking Mr. Gore's
credibility. This was reported, in the New York Times and elsewhere, as
going "negative," primarily as a response to Mr. Gore's rise in the polls.
But what about the weeks-long TV-ad hammering that Democrats have laid on
Mr. Bush -- for his Texas record, and even during the GOP convention on his
running mate's 15-year-old voting record? The Gore attacks were reported as
legitimate subjects of political debate. We happen to think all of these are
legitimate, but only Mr. Bush's got the good-housekeeping media's "negative"
label.
Then there is the debate over Presidential debates. This back and forth is a
hardy perennial, and you'd think the press would merely let both sides duke
it out. But in the coverage we've seen, Mr. Bush's proposal to break from
the Commission on Presidential Debates mold is being treated as an attempt
to dodge debates or attract a smaller audience. Mr. Gore's decision to
renege on his pledges to debate on NBC's "Meet the Press" and CNN's "Larry
King Live" don't get the same spin.
This criticism of Mr. Bush is especially galling when it comes from the
likes of ABC and CBS, who now whine that they won't carry debates held by
other networks. So much for their public-spiritedness. Their reaction shows
that the debate commission is less about designing a forum to educate voters
and more about dividing the commercial TV spoils equally. We hope Mr. Bush
sticks with his desire to have a less scripted, more open exchange with Mr.
Gore.
Mr. Bush has given signs before that he understands his party's media
problem better than most other Republicans. Indeed, we've long suspected
that his "compassionate conservative" theme was as much about media
management as policy. It was designed to deflect the inevitable media
portrayal of any Republican as a heartless, Gingrichian budget cutter. Mr.
Bush also stood up to the press pack when it sought to hound him about
rumors of youthful drug use.
We aren't suggesting that Mr. Bush should get into a pitched battle with the
press corps, and especially not with any one reporter. Our point is that Mr.
Bush won't be able to count on even-handed media coverage to carry his
battle to Mr. Gore. He's going to have to make his case directly, and not
too subtly, to voters over the heads of the media.
That means Mr. Bush would be better off doing more debates in several
forums. And, above all, it means setting his own agenda and strategy, no
matter if ankle-biters in the press corps call it "negative."
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.
Share information about yourself, create your own public profile at
http://profiles.msn.com. | {
"pile_set_name": "Enron Emails"
} |
I dont know anyone there so I | {
"pile_set_name": "Enron Emails"
} |
you kept rolling back over and laying into me. you are the one who said you wished i was dead. you went crazy. you were pissed all night. you were venting on a soap box for about 2 hours.
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Friday, October 26, 2001 2:33 PM
To: Lenhart, Matthew
Subject: RE:
i was not going nuts. i was trying to go to sleep and you kept bringing it
up. you're nice, but you have an attitude. very cocky.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Friday, October 26, 2001 1:42 PM
To: [email protected]
Subject: RE:
i was being nice. you kept starting it and then blaming it on me. you
were going nuts.
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Friday, October 26, 2001 1:03 PM
To: Lenhart, Matthew
Subject: RE:
you deserved it b/c you are a jerk. you really need to start being
nicer.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Friday, October 26, 2001 12:37 PM
To: [email protected]
Subject: RE:
you were letting me have it. i deserved some of it b/c i made some bad
jokes, but overall you were pretty brutal. i think i am heading to
baton
rouge for the game this weekend instead of partying for halloween.
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Friday, October 26, 2001 12:28 PM
To: Lenhart, Matthew
Subject: RE:
no. why was i mad?
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Friday, October 26, 2001 12:29 PM
To: [email protected]
Subject: RE:
you still mad at me? you were pissed last night.
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Thursday, October 25, 2001 1:50 PM
To: Lenhart, Matthew
Subject:
you better be getting excited about dinner. i'm not taking you if
you
aren't.
**********************************************************************
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
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authorized to receive for the recipient), please contact the sender
or
reply
to Enron Corp. at [email protected] and delete
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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
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binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may
not
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relied on by anyone as the basis of a contract by estoppel or
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Thank you.
********************************************************************** | {
"pile_set_name": "Enron Emails"
} |
Carol:
The attached two e-mails are in response to your inquiry of 6-1-01. If you
have any questions, let me know.
Bill Oldham
Director, Insurance Risk Management
Reliant Energy Incorporated
Telephone No.713/207-3131
FAX No. 713/207-3251
email: [email protected]
----
----- Forwarded by Bill Oldham/ADM/HouInd on 06/04/01 10:19 AM -----
Michael_Herrod@a
rs.aon.com To: [email protected]
cc: [email protected],
[email protected],
06/04/01 09:59 [email protected],
[email protected],
AM [email protected]
Subject: Re: Update
In my opinion, the wording suggested by Janet Green should be acceptable.
We
will have to have this wording formally approved by the surety companies
prior
to issuance. I would like to avoid approaching the sureties until all
questions
have been addressed and all changes have been made. In regards the bonds
being
subject to Texas law, I do not see that as being a problem. We will
address
that with the sureties along with other potential changes.
In response to previous email, neither Dan nor I know of an attorney that
would
be willing or able to write an opinion in regards the applicability of the
Appleton Law. As discussed during the meeting, this law has nothing to do
with
the viability of an exisitng surety bond. If a surety issued a bond that
was
later found to be in violation of Appleton, they would be fined by the
State of
New York. It does not make the bond invalid. MJH
----- Forwarded by Bill Oldham/ADM/HouInd on 06/04/01 07:32 AM -----
Janet K Greene
To: Bill
Oldham/ADM/HouInd@HouInd
06/03/01 05:23 cc:
PM Subject: Re: Update(Document
link:
Bill Oldham)
What if we said: "if the
Principal shall promptly and faithfully perform its obligations under the
Confirm, which is a part of and governed by the Master Agreement, then this
obligation shall be null and void"
With respect to her second point, what if we again said "an Event of
Default has occurred under the Confirm, which is a part of and governed by
the Master Agreement"?
I think she is trying to clarify in the language that the bond can be
called for an Event of Default under the Master Agreement, which could have
nothing to do with the Confirm - - - which is factually correct.
Janet K. Greene
Reliant Resources, Inc.
1111 Louisiana, Suite 4300
Houston, TX 77002
713-207-5732
fax: 713-207-0141
[email protected]
Bill Oldham
To: [email protected]
06/01/01 09:27 cc: [email protected],
[email protected],
AM [email protected], Bill T
Hamilton/TTG/HouInd@HouInd, William
Waller/ADM/HouInd@HouInd, Rex
Clevenger/ADM/HouInd@HouInd
Subject: Re: Update(Document
link:
Janet K Greene)
Carol:
Thankyou for the attached. I believe the governing law for each issuing
surety will be the law where the surety is domiciled, but let me do some
checking and confirm this. Also, will get back to you on your comments Re
the language in our recommended bond form...probably Monday or Tuesday next
week. Thanks for your continued efforts in this matter.
Bill Oldham
Director, Insurance Risk Management
Reliant Energy Incorporated
Telephone No.713/207-3131
FAX No. 713/207-3251
email: [email protected]
Carol.St.Clair
@enron.com To:
[email protected]
cc:
[email protected], [email protected],
06/01/01 09:02 [email protected]
AM Subject: Update
Bill:
I spoke with our outside counsel yesterday and we have some more follow up
work that we need to do on our side. One issue that may be of some
importance to us in our analysis is determining what the governing law of
the surety bond will be for each issuer, and more importantly, whether we
can have the bonds governed by Texas law. Can you answer this for me?
Also, with respect to the form of the bond itself, as we mentioned at the
meeting, the language in the third paragraph which states that "if the
Principal shall promptly and faithfully provide the Firm energy as defined
in the Confirm, hen this obligation shall be null and void," does not work
for us. Has anyone come up with alternative language? Finally, with
respect to the Notice of Claim, we would like for the certification to say
something like, "an Event of Default has occurred under the Master
Agreement" rather than tie it to a specific default under the Confirmation.
Does that work for the sureties?
I look forward to hearing from you.
Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
[email protected] | {
"pile_set_name": "Enron Emails"
} |
I agree. Thanks!!!!!!
From: Sally Beck @ ECT 05/02/2000 05:12 PM
To: Melissa Becker/Corp/Enron@ENRON
cc:
Subject: Re: SAP workshops-action requested
I gave a copy of this document to Wes Colwell immediately following last
week's meeting with a note that he needed to respond to you. He is the most
appropriate respondent from ENA. --Sally
Melissa Becker@ENRON
05/02/2000 03:49 PM
To: ENRON APOLLO AND BEYOND FINANCIAL COUNCIL
cc: Enron Apollo and Beyond Financial Council Admins
Subject: SAP workshops-action requested
At the Financial Council meeting last Thursday, we distributed a write-up
entitled "Workshops". In it we discussed the work performed to date, the
results, and three options for proceeding.
Could you please take a look at the document (it's a very quick read), call
me if you need more information, and then "vote" for which option you would
prefer? I would appreciate your response by this Friday. if you don't vote,
then you will get what the majority votes for. If there is significant
division in the votes, we can discuss a "tailored" approach at the next
Financial Council meeting.
We are trying to do what YOU want; we just need you to tell us which approach
you prefer. Thanks! | {
"pile_set_name": "Enron Emails"
} |
Attached is a copy of the London due diligence on China. Per my conv.
w/Edmund, it appears China is a "no" for financial transactions.
----- Forwarded by Tana Jones/HOU/ECT on 06/29/2000 11:43 AM -----
Edmund Cooper
06/29/2000 11:06 AM
To: Tana Jones/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
cc:
Subject: China due diligence
Attached for your information. Regards, Edmumd | {
"pile_set_name": "Enron Emails"
} |
While Leslie was out I had a brief discussion with Tycholiz, et al. They're
going to pull together an outline of the things they're thinking about and
get back to us on it for discussion.
Best,
Jeff
Susan M Landwehr/ENRON@enronXgate
07/25/2001 09:57 PM
To: Leslie Lawner/ENRON@enronXgate
cc: Jeff Dasovich/NA/Enron@Enron
Subject: RE: CA Instrate Gas matters
Leslie--I don't know whatever happened to this discussion? I suggested to
Jeff that I would be available off and on during the week, but I think he was
nuts with the legislative session. SHould we try again or have you already
discussed?
-----Original Message-----
From: Leslie Lawner
Sent: Friday, July 13, 2001 6:30 PM
To: Barry Tycholiz
Cc: Jeff Dasovich; Susan M Landwehr
Subject: RE: CA Instrate Gas matters
I am really only available Monday am (I am on a well-deserved vacation next
week), but if that works for you, that would be great. Jeff is pretty full
up with the CA legislature and all the electric stuff. We can try him, tho.
What I would like is to come up with a coherent message on hedging in CA,
particularly the core-non-core issues, so that at the end of the day, EES
still has a market and ENA can sell hedges to the LDCs. Sue Landwehr in Gov
Affairs is the leader/coordinator of our hedging activities before the state
commissions and we should get her involved as well. In fact I will cc both
Sue and Jeff on this.
-----Original Message-----
From: Tycholiz, Barry
Sent: Friday, July 13, 2001 12:52 PM
To: Lawner, Leslie
Subject: RE: CA Instrate Gas matters
leslie, I would like to talk to you and jeff regarding ENA's plans to talking
to the PUC regarding hedging activities... let's do this early next week. Is
there a time that is best to schedule.
BT
-----Original Message-----
From: Lawner, Leslie
Sent: Friday, July 13, 2001 8:21 AM
To: Allen, Phillip K.; Kingerski, Harry; Kaufman, Paul; Tycholiz, Barry;
Miller, Stephanie; Ponce, Roger; Black, Don; Hewitt, Jess; Shireman,
Kristann; Courtney, Mark; Elliott, Chris; Dasovich, Jeff; Becky McCabe;
Fulton, Donna; Steffes, Darla; Stoness, Scott; Johnson, Tamara
Cc: Nicolay, Christi
Subject: CA Instrate Gas matters
This is to quickly summarize our call on July 11 on California gas intrastate
matters and set a direction for future activity.
Unbundling: PG&E has a Gas Accord in effect through 12/31/03, which is
generally positive. We will participate in the development of a successor
plan, and attempt to improve it if we can.
SoCalGas attempted its own version of a gas accord, but the CPUC refused
to approve. We will attempt to resurrect this accord and obtain CPUC
approval.
Hedging: No proceeding currently exists to address gas hedging by LDCs.
(draft legislation does exist on the electric side to allow hedging and
passthrough of costs). Jeff has recommended that we approach the LDCs to
begin discussing the issue and developing a strategy to take to the CPUC. I
suggest we develop an ENA-EES hedging proposal for CA and then take that to
the LDCs. I will attempt to put this is writing.
Infrastructure: CPUC has undertaken a proceeding to determine the need to
improve infrastructure. SoCal Gas and PG&E are responding with proposals.
We want to revitalize the infrastructure and ensure real markets exist and
can develop. Our task is to participate in these proceedings.
(Please let me know who I left off the mailing list). | {
"pile_set_name": "Enron Emails"
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- 113-1358_IMG.JPG | {
"pile_set_name": "Enron Emails"
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Hi Sheryl, please add David Cox's name in the list. Additionally, please
include Chonawee Supatgiat for Research.
Once John approves the current list and we get some feed back by talking to
people's admin to book attendees time.
Ravi.
Here is the latest version of the agenda.
Sheryl Lara
03/27/00 04:59 PM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/Enron Communications, John
Griebling/Enron Communications@Enron Communications, Ravi Thuraisingham/Enron
Communications@Enron Communications
cc: Shirley Crenshaw/HOU/ECT@ECT
Subject: Offsite Meeting -- Great Divide Lodge -- Invited Guest List
Gentlemen:
Attached please find the "proposed" final invitees list for the Technical,
Research, and Operations Offsite Meeting to be held April 27-29, 2000 at the
Great Divide Lodge in Breckenridge, Colorado. I am working with Shirley
Crenshaw to secure cost-efficient travel and meeting arrangements for the
entire group. In order to secure a group rate, we must make sure we have a
"final headcount" in place. Please let me know by Tuesday, March 28th at
12:00 noon if you have any additions or corrections to the attached list.
Many thanks in advance for your prompt attention! | {
"pile_set_name": "Enron Emails"
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Start Date: 1/4/02; HourAhead hour: 21; No ancillary schedules awarded. Variances detected.
Variances detected in Load schedule.
LOG MESSAGES:
PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010421.txt
---- Load Schedule ----
$$$ Variance found in table tblLoads.
Details: (Hour: 21 / Preferred: 144.52 / Final: 144.49)
TRANS_TYPE: FINAL
LOAD_ID: SDG1
MKT_TYPE: 2
TRANS_DATE: 1/4/02
SC_ID: ENRJ | {
"pile_set_name": "Enron Emails"
} |
We will be releasing new version of the Stack Manager and the EnronOnline
website tonight . The following are the changes
1. Changes to Stack Manager:
1.1 Changes to toolbar icons:
To facilitate further development of the system, it has been found necessary
to change the toolbar icons at the top of the Stack Manager. The attached
file shows the old icon and its new replacement. Next to each image below is
the description of the function that is executed as well as the short cut key
that is mapped to the same function:
1.2 New Functionality - Auto Suspend
The Auto Suspend function allows traders to set an absolute price change from
a price level at which you would like the system to automatically suspend a
specific product. This function is useful if your products use automatic
price resets.
To activate this feature:
1. Select a product and click on Product Properties
2. Check the Enable box
3. Enter the Price Check and Suspend at +/- values
4. Click Update
Example: a trader Enables Auto Suspend and selects a $35.00 Price Check and a
suspension level of +/- $5.00: The system will suspend the product when the
mid price is above $40.00 or below $30.00
You will need to enter a new Price Check or disable the Auto Suspend function
to reactivate this Product if the Auto Suspend is triggered.
Please note the system checks for any products that need to be suspended once
a minute.
2. Changes to EnronOnline Website
(These changes will be rolled out in phases over the next week and will be
available to all customers only by Friday 5/4/01)
The following enhancements have been made to the EnronOnline Website:
2.1 Today,s Transactions
Float Window: In order to float the window, right click on the Today,s
Transactions section, click on the Float Window option.
Sort Ordering: Click on the column heading to change the sort order.
Linked Transactions: You can display the linked Transactions in an expanded
or collapsed view. To do so, right click in the Transaction display area and
select full Expand or Full Collapse.
2.2 Submission Box
The submission box has been modified in order to show a space between each
set of &zeros8 for the volume the customer wants to sell/buy.
Savita | {
"pile_set_name": "Enron Emails"
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---------------------- Forwarded by Judy Hernandez/HOU/ECT on 03/14/2000
12:59 PM ---------------------------
Enron In Action Week of 03.13.00
From: Enron In Action@ENRON on 03/14/2000 06:19 AM
Sent by: Enron Announcements@ENRON
To: All Enron Downtown
cc:
Subject: Enron In Action
IVOLUNTEERl Saturday, March 18 and Sunday, March 19 Houston Children's
Festival hosted at Tranquillity Park and Sam Houston Park. KRBE 104/Enron
Earth Day is also seeking volunteers. Email Deb Gebhardt to join the fun.
See the Community Relations web site for more details.
IINFORMATIONI Need information about what is available this summer for your
kids. Come to the Summer Activity/Camp Fair, Tuesday, March 14 @ the Enron
Plaza, 10:00 am - 2:00 p.m.
ISAVE THE DATEI Enron Company Picnic Saturday, May 7, 2000, 10:00 a.m. -
8:00 p.m. @ AstroWorld. Tickets will go on sale Monday, April 10 - Friday,
April 14 in the Enron Lobby. Tickets are $5 each for the first six tickets.
$20 for each additional ticket. | {
"pile_set_name": "Enron Emails"
} |
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Thursday, December 06, 2001 8:07 AM
To: Runswick, Stacy
Subject: One Fish, Two Fish, Yellow Fish, Enron
Enron, according to Dr. Seuss...
They exercised and sold, exercised and sold.
And told all the employees to hold.
While they made billions, they continued to say
Our company will be the greatest someday.
But lo and behold it would not come to pass.
It was all a fraud and scam most would call crass.
"How could it be true?" we all asked.
"All we do is buy and sell gas".
But to make their personal billions
They had to keep in the dark their minions.
So they lied and cheated, stole and cajoled
Analysts, investors, workers and sold and sold.
But they found out the scam
And put the company in quite a stew.
They told Ken and Andy "we have lost confidence".
Little did they know, that confidence is what cons do.
The old man in charge said "we all trust Andy, he's fine,
He made me my fortune and never charged a dime!"
Andy got paid to manage illegal partnerships you see,
And for that he collected thirty m! illion as his fee.
But the pressure was on, and Ken had to act.
He told Andy, "You must go on leave"
Is he still on the payroll we asked?
We get no answer. Seems Andy will be there to the last.
Ken restated his books, and oh the looks that
Were on the faces of all but the crooks.
The books had been cooked! Not one year, not two, not even three,
They had been cooked a total of four.
And many suspect even more!..
He went into the elevator, that old gas trader.
He hit floor fifty, where his offices reside.
With two armed guards standing at his side.
And so he rose to the top of 1400 Smith
And went into the boardroom forthwith.
There were the ghosts of Fastow, and Skilling.
Where with their cronies they devised great scams.
How to deceive, cheat, and steal millions of clams.
And with one more scam to do
He picked up the phone and called his friend Chuck.
"Chuck", he said, " I'm in quite a jam, can! you please
help me I got caught in my scam".
So old Chuck bit a nd came to Kens side,
First with some money and took Ken as his bride.
But that old scoundrel had played too many scams
This one he could not hide as Chucks lawyers and guides
Went over Ken's books and found such a surprise.
There were no trades, there were no counterparties.
There were no assets, there was no Christmas party.
And so Chuck went to Ken and said "Your company
Is a sham. It was all lies. I cannot merge with you.
Your firm is a rotting carcass festering with flies!
And so Ken thought. He thought and he thought.
He will file Chapter eleven and fire a lot.
Four thousand to be exact.
We thought he has lost gazillions,
but prior filing he managed to bonus
his friends fifty eight Million.
And so we are told, the company will be back.
A shell of itself but not quite the same.
The shell is appropriate as we all know,
The core business of Ken is a shell game. | {
"pile_set_name": "Enron Emails"
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A significant number of our merchant investments are owned in whole or in
part through various structured finance vehicles. Amendments,
restructurings, dispositions, follow-on investments and other significant
transactions related to those assets may be prohibited or may require
internal or external consents. As the commercial teams may not always be
familiar with these vehicles or the special considerations that may apply to
these vehicles, you may want to confirm with the attorney/legal assistant
that is most familiar with the particular vehicle that (i) the appropriate
people are "in the loop" with what you are doing with the asset, and (ii)
that there won't be any unpleasant surprises (like a required consent that
has not been obtained) five minutes before you are supposed to close whatever
transaction you are working on.
The contacts for the most active vehicles are:
JEDI - Jordan Mintz
JEDI II -- Joel Ephross, Shirley Hudler
Raptor and Trutta -- Joel Ephross, Lisa Mellencamp, Mary Cook
Merlin -- Anne Koehler
Rawhide -- Mary Heinitz, Brenda Funk
Hawaii -- Gareth Bahlmann
In addition, please make sure that Shirley Hudler is aware of any significant
pending transaction involving a JEDI II asset. With respect to new deals, I
understand that the JEDI II commitment period has been extended to June 30,
2001, and that as a result ENA will still have an obligation to place
"qualified investments" in JEDI II. While EGF will have a good handle on the
funding source for your deal, in the early stages the commercial team is not
always aware that JEDI II is still out there. Again, if you have any
questions, please contact Shirley Hudler.
Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3893
Houston Texas 77002
Phone: (713) 853-1575
Fax: (713) 646-3490 | {
"pile_set_name": "Enron Emails"
} |
Andy
The UK gas traders are keen to join EnEX, which is a new online trading platform operated by EnMo.
Brief details are as follows:
EnMo is a joint venture between National Grid Company PLC and AltraEnergy Technologies Inc
EnEx's products are limited to 7-day ahead NBP gas contracts (these are physically-settled UK gas deals).
? Subscription fees are payable by users as well as general transaction charges.
? Access is restricted to UK Gas Shippers (this comprises a small number of licenced entities). There also certain pre-set credit requirements.
? Each user can post orders, withdraw orders posted that have not been accepted by other users, and accept orders posted by other users. Other functionality includes the right to post time-limited orders. The system can stipulate maximum and minimum bid and offer prices. The identity of the user posting an order is anonymous. All orders are matched by the system.
Look forward to your comments.
Thanks
Justin | {
"pile_set_name": "Enron Emails"
} |
-----Original Message-----
From: Rodriquez, Andy
Sent: Thursday, October 18, 2001 4:46 PM
To: Black, Tamara Jae; '/o=ENRON/ou=NA/cn=Recipients/cn=notesaddr/cn=a478079f-55e1f3b0-862566fa-612229'; Abler, William; Aggarwal, Anubhav; Allen, Diana; Arora, Harry; Bailey, Debra; Ballato, Russell; Ballinger, Ted; Baughman Jr., Don; Benchluch, Moises; Benjelloun, Hicham; Benson, Robert; Bentley, Corry; Blaine, Jay; Bolt, Laurel; Broderick, Paul J.; Broussard, Richard; Burnett, Lisa; Campbell, Larry F.; Capasso, Joe; Carson, Mike; Chen, Alan; Choate, Jason; Cline, Kevin; Collins, Dustin; Comeaux, Keith; Coulter, Kayne; Davis, Mark Dana; Day, Smith L.; Dean, Clint; Decook, Todd; Emesih, Gerald; Errigo, Joe; Forney, John M.; Freije, William; Garcia, Miguel L.; Gilbert, Gerald; Gilbert-smith, Doug; Giron, Gustavo; Greer, Andrew; Gualy, Jaime; Guerra, Claudia; Gulmeden, Utku; Gupta, Gautam; Ha, Amie; Hanse, Patrick; Hernandez, Juan; Imai, Rika; Ingram, David; Jenkins IV, Daniel; Kaniss, Jason; King, Jeff; Kinser, John; Larkworthy, Carrie; Laurent, Dean; Laverell, Justin; Lenartowicz, Chris; Lorenz, Matt; Lotz, Gretchen; Lowell, Thomas; Mack, Iris; Mahajan, Ashish; Makkai, Peter; Marquez, Mauricio; Maskell, David; May, Tom; McElreath, Alexander; Miller, Jeffrey; Oh, Seung-Taek; Olinde Jr., Steve; Pace, Andy; Padron, Juan; Pan, Steve; Philip, Willis; Podurgiel, Laura; Poppa, John D.; Presto, Kevin M.; Quenet, Joe; Rawal, Punit; Rogers, Benjamin; Rust, Bill; Ryan, David; Saibi, Eric; Schiavone, Paul; Schneider, Bryce; Seely, Michael; Serio, Erik; Shoemake, Lisa; Simpson, Erik; Stalford, Robert; Stepenovitch, Joe; Sturm, Fletcher J.; Symms, Mark; Tamma, Ramanarao; Thomas, Paul D.; Trejo, Reese; Valdes, Maria; Vernon, Clayton; Wang, Steve; Williams, Ryan; Willis, Cory; Zipperer, Mike; Baughman, Edward D.; Clynes, Terri; Dalton III, Oscar; Kelly, Mike E.; Sewell, Doug; Valderrama, Larry; Walton, Steve; Roan, Michael; Perrino, Dave; Maurer, Luiz; Hueter, Barbara A.; Landwehr, Susan M.; Hoatson, Tom; Novosel, Sarah; Nicolay, Christi L.; Yeung, Charles
Subject: RE: RTO Week -- Summary of Standards and Practices Panel
RTO Week
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Day 4 - October 18, 2001
Afternoon Session
Standardizing Markets, Business, and Other Practices
Panelists for this discussion were: Sarah Barpoulis, PG&E National Energy Group; William P. Boswell, GISB; Bill Burkes (substituting for David J. Christiano), City Utilities of Springfield, Missouri; David N. Cook, NERC General Counsel; Michael Kormos PJM Interconnection; LeRoy Koppendrayer, Minnesota Public Utilities Commission; and Marty Mennes, Florida Power & Light Company.
General Observations
The Commissioners were all present the majority of the time (Massey left late in the afternoon). FERC Staff was active in the discussion; however, the commissioners were very active as well, asking perhaps as much as 70% of all questions. There was a general consensus that standards were needed; much discussion focused simply on how much and by who. The Commission seemed very interested in leaning what they needed to do to move the industry forward and how far they needed to go. Panelists urged the need to mover forward as quickly as possible, but both they and FERC seemed to recognize that some of the issues regarding standardized market design and such needed to be addressed before RTOs could really begin to move forward. There was discussion on identifying which industry group (NERC or GISB) would take the reins in the future. On an interesting tangential note, there was noticeable conflict between NERC and GISB, with veiled insults between the two organizations somewhat common during the discussions.
FERC Deliverables
A great deal of the discussions focused on identifying what the industry needed from the Commission. Staffers probed all panelists to find what they felt was critical.
The first major topic was "How many RTOs? What is their scope?" All panelists seemed to agree that this question needed to be answered immediately by FERC, in strong definitive language. N o one offered any specific language, but seemed to be urging FERC to issue a formal statement.
The next topic was, "What will be standard market design?" Panelists varied on this, but most felt strong guidance from FERC is urgent. Some urged for one mandatory design for North America, one supported a set of rigid standard designs, one supported a single design with requests for exceptions (followed by an in-depth review process), and one seemed to prefer the current situation.
The commission in general seemed to be very interested in understanding what the industry needed to move forward. They continually visited this topic throughout their discussions, asking questions like, "Do we need to issue a Mega-Order that addresses all these issues?" and, "How much detail do you need us to provide?" General feel from the panelsists seemed to be they wanted strong leadership in this areas. Kormos and Burkes went so far as to say FERC should "Mandate as much as they felt comfortable - and then go a little further." Others seemed to be a little worried about this idea, but in general did not oppose the concept, citing only general warnings and the need for cautious investigation.
One item of interest: Wood referred to the filing made by the Electronic Scheduling Collaborative and specifically asked if the items identified in the "RTO Design and RTO Implementation" section would address many of the questions and uncertainty facing the industry with regard to RTO design. Kormos indicated that clear and specific answers to these questions specifying a course of action would go a long way toward guiding the industry. The section to which Wood referred was one that I wrote, and asked the following questions:
? Congestion Management - When Operational Security Violations occur, how is the system to be stabilized in a fair and equitable manner that is nonetheless efficient? Will LMP based systems be standard, or will there be others that must be accommodated?
? Transmission Service - Are transmission services required to schedule ("covered" schedules only), or are they risk management tools protecting from congestion charges (both "covered" and "uncovered" schedules are allowed)?
? Loop Flows - Are contract-path based or flow-based transmission services appropriate? If contract-path based, how are parallel path issues to be addressed?
? Grandfathered Transmission Service - Should contracts existing prior to RTO development be transferred, or is there an equitable way to retire those contracts? Are there other solutions?
? Energy Imbalance Markets - How are imbalance markets to function? Will they serve as real-time energy markets (support unbalanced schedules), be limited to supplying needs of imbalance service (require balanced schedules), or will they be required at all?
? Ancillary Services - Will ancillary service markets be developed in standard ways? Will entities be required to actually schedule ancillary services (required to schedule), or will they be treated primarily as financial instruments (protecting against real-time POLR charges)?
? Losses - Can we utilize the imbalance markets to support losses? Can we create specific loss standards that facilitate the scheduling process, or must we support methods that are currently in tariffs, but technically unwieldy?
? Non-Jurisdictionals - How are non-jurisdictionals to be integrated into the new world? Should systems be designed with the assumption that non-jurisdictional will be part of an RTO? Or should they be designed to treat each NJE as a separate entity?
Hopefully, FERC will use this section as a template to answer these critical questions in an assertive manner, and give some solid direction in which to move. Kormos emphasized the need for concrete answers to these questions, pointing out that vague answers (i.e., "do congestion management") will take a year or two to resolve, but specific answers (i.e., "LMP with financial hedging instruments") will take only months. The Commission asked Mike about moving forward, and he told them that effectively, it was impossible to move forward with implementation without getting these issues addressed.
Now for a funny point - One of the commissioners (I think Breathitt) referred to some concerns expressed in the Northwest that their high concentration of hydro power makes LMP inefficient for the Northwest. Kormos flat out said, "My profession is understanding how power systems work, and I don't believe that that statement is true." He then backpedaled a bit and said that it would need more study, but he stood by his statement that the assertion by the Northwest interests was false.
NERC and GISB
A great deal of discussion focused around the need for a single standard-setting organization. Massey went so far as to ask, "Are we looking at a beauty contest between NERC and GISB?" Cook and Boswell then went into several short polite jabs at each other's organizations. Other participants continually reiterated the need for ONE, INDEPENDENT organization. Interestingly, Boswell was very emphatic about the established trust and respect in GISB, while Cook preferred to only talk about the "new" structure of NERC and did not focus on its history.
Brownell offered some not-too-subtle passive support of GISB by pointedly asking both Cook and Boswell if they lobbied political positions (i.e., were they not only an organization but also a stakeholder?). GISB was easily able to say they were not, but NERC of course had to admit to their romancing of Congress and the Bush administration for reliability legislation. Point, Brownell.
Mennes acted as somewhat of a supporter for NERC, playing Dave Cook's yes-man. He probably did them a little bit of harm by pointing to NERC's supposed "successes," such as TLR and E-Tag. If staffers have tenure, they will likely remember that these "successes" have not been so successful, resulting in several filings and interventions. We may also wish to file comments in specific objection to these claims, to refresh their memory and to show the pretty picture Marty painted was in fact a fiction.
There was a little discussion about splitting reliability and market issues, but general consensus was that I could not be done. There was also some talk of folding NERC under GISB/EISB.
The arguments began winding down after a some time, and Boswell strongly urged the Commission to speak to industry executives and advocacy group leadership to see whether NERC or GISB should lead the industry forward. NERC somewhat less enthusiastically supported this position. In general, I would say it was a close fight but GISB came out more on top.
Let me know if you have any questions.
Andy Rodriquez
Regulatory Affairs - Enron Corp.
[email protected]
713-345-3771 | {
"pile_set_name": "Enron Emails"
} |
yes | {
"pile_set_name": "Enron Emails"
} |
Sorry Roby,
Let me make myself more clear for you to understand.
Yo my nigga, me and my ice are in for da ski ski in da Rocks! Me and my
boyz will be in full effect. Fill me in, on when we will be going to "C"
to the isa "O" to the iso and let me know how much bling bling I will
need. Cuz I got ho's in dat area code!
Naquin
--- COREY ROBICHEAUX <[email protected]> wrote:
> Good call Ross, CjRob wants to know why also??
>
>
> >From: [email protected]
> >To: Scott Naquin <[email protected]>
> >CC: Clint Eilbeck <[email protected]>, Myers Namie
> <[email protected]>,
> >Myers Namie <[email protected]>, Denis Naquin <[email protected]>,
>
> >Scott Naquin <[email protected]>, Tommy Porteous
> <[email protected]>,
> >"'COREY ROBICHEAUX'" <[email protected]>, Cypress Baton Rouge
> <[email protected]>,
> > Tanya Flynn <[email protected]>, Mike Gooch
> <[email protected]>,
> >Bernard Guste <[email protected]>, Clay Hufft <[email protected]>,
>
> >Matt Lenhart <[email protected]>, Cypress Litigation
> ><[email protected]>, Ross Berthelot <[email protected]>,
>
> >Ross Berthelot <[email protected]>, Chris Bourgeois
> ><[email protected]>, Scott Dehart <[email protected]>, don edgerton
>
> ><[email protected]>
> >Subject: Re: THE OFFICIAL SNOW REPORT!!!!!
> >Date: Wed, 24 Oct 2001 09:27:11 -0500
> >
> >
> >Naq,
> >
> >why do you refer to yourself in the 3rd person? "Jimmy likes
> Elayne...Jimmy
> >thinks Elayne is allright....."
> >
> >
> >
> >
> >Ross F. Berthelot
> >Underwriter
> >Commercial Real Estate
> >Ph: (225) 332-4252
> >Fax: (225) 332-3154
> >
> >
> >
> >
> >
> >
> >Scott Naquin <[email protected]> on 10/24/2001 08:28:28 AM
> >
> >To: Clint Eilbeck <[email protected]>, Myers Namie
> <[email protected]>,
> > Myers Namie <[email protected]>, Denis Naquin
> ><[email protected]>,
> > Scott Naquin <[email protected]>, Tommy Porteous
> > <[email protected]>, "'COREY ROBICHEAUX'" <[email protected]>,
> > Cypress Baton Rouge <[email protected]>, Tanya Flynn
> > <[email protected]>, Mike Gooch <[email protected]>,
> Bernard
> > Guste <[email protected]>, Clay Hufft <[email protected]>,
> Matt
> > Lenhart <[email protected]>, Cypress Litigation
> > <[email protected]>, Ross Berthelot
> <[email protected]>,
> > Ross Berthelot <[email protected]>, Chris Bourgeois
> > <[email protected]>, Scott Dehart <[email protected]>, don
> >edgerton
> > <[email protected]>
> >cc:
> >
> >Subject: Re: THE OFFICIAL SNOW REPORT!!!!!
> >
> >
> >
> >Naquin is in if that is the actual deal..........Clint, did Malboro
> >promise you this deal if you would keep smoking?
> >Props on the last email by the way, that shit was good!
> >
> >Give me the details as to when we need the first wave of cash!
> >
> >Who is going without dates because I don't want to be stuck roasting
> >marsh-mellows and snuggling in front the fireplace!
> >
> >Naquin
> >
> >
> >
> >--- Clint Eilbeck <[email protected]> wrote:
> > > This is the Official Snowking Report for the Year
> > > 2002!
> > >
> > > How bout Keystone/Vail/Breckenridge/"Beaver" Creek all
> > > in one trip for the Amazing Price of $590.00. Yes,
> > > that is correct - No Bullshit.
> > >
> > > Listen Up-
> > > This includes round trip tickets from N.O. to Denver.
> > > 5 Days/4 Nights in a Condo in Keystone (Either 2 BR/2
> > > Bath or 3 BR/2 Bath w/ a fold out. Includes minivan,
> > > since Keystone is approximately 91 miles from the
> > > Denver Airport. Lift tickets for 4 Days at the
> > > locations mentioned above (Sorry, only 2 days out of 4
> > > can be at Vail or Beaver Creek.)
> > >
> > > Dates: Jan. 10 - 14th (Thurs.-Mon.)
> > >
> > > If you act now, they will also provide free snowjobs.
> > > They also said if you ride a Harley Sportster all the
> > > way from B.R.,they will just give the trip away. I
> > > asked about pets -Dogs have to sleep outside, Sorry.
> > >
> > > They have plenty of ski runs. One double black diamond
> > > goes through the nig part of town, I suggest going w/
> > > cjrob through this treacherous run and don't slow down
> > > on the flat areas. Another goes straight to Oz - we
> > > all know who will be hitting this green run in his
> > > Pink bib and jacket. They also have a married couple
> > > run, no further comments on this one. 00. I'll be on
> > > the bunny slopes checking out the MILF'S and the
> > > beginners. I hope to give a few lessons.
> > >
> > > Anyway, who has questions or comments?
> > >
> > > CE
> > > Don't forget your swim trunks!
> > >
> > >
> > > __________________________________________________
> > > Do You Yahoo!?
> > > Make a great connection at Yahoo! Personals.
> > > http://personals.yahoo.com
> >
> >
> >__________________________________________________
> >Do You Yahoo!?
> >Make a great connection at Yahoo! Personals.
> >http://personals.yahoo.com
> >
> >
> >
> >
> >
> >
> >This transmission may contain information that is privileged,
> confidential
> >and/or exempt from disclosure under applicable law. If you are not the
> >intended recipient, you are hereby notified that any disclosure,
> copying,
> >distribution, or use of the information contained herein (including any
>
> >reliance thereon) is STRICTLY PROHIBITED. If you received this
> transmission
> >in error, please immediately contact the sender and destroy the
> material in
> >its entirety, whether in electronic or hard copy format. Thank you.
> >
>
>
> _________________________________________________________________
> Get your FREE download of MSN Explorer at
> http://explorer.msn.com/intl.asp
>
__________________________________________________
Do You Yahoo!?
Make a great connection at Yahoo! Personals.
http://personals.yahoo.com | {
"pile_set_name": "Enron Emails"
} |
Wow, Rebecca was reading my mind!
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/17/2001 12:10
PM ---------------------------
From: Rebecca Walker 01/17/2001 12:02 PM
To: Kay Mann/Corp/Enron@Enron
cc:
Subject: Intergen Funding
Kay
This memo is to confirm that we used the updated account numbers in the
notice that we will give to the Escrow agent for the closing of the Intergen
deal tomorrow. Let me know if you need any more information.
Regards,
Rebecca
---------------------- Forwarded by Rebecca Walker/NA/Enron on 01/17/2001
12:01 PM ---------------------------
From: Theresa Vos on 01/12/2001 02:55 PM
To: Rebecca Walker/NA/Enron@Enron, Kay Mann/Corp/Enron@Enron
cc:
Subject: Intergen Funding
For funds that ENA receives and then needs to send out the same day, Treasury
prefers that we use the following account:
Citibank NY
4078-1075
ABA#021000089
Please call me if you have any questions.
thanks,
theresa
x58173 | {
"pile_set_name": "Enron Emails"
} |
Thank you very little...
-----Original Message-----
From: Dorland, Dan
Sent: Saturday, September 29, 2001 8:53 PM
To: Dorland, Chris
Subject: Performance of Investment Companies: Schweser CFA I Study Book 2 Page 171
Chris... this is the verbatum text from my CFA study material. You might want to cc this to dad as well:
1. Analysis of overall performance. How good are professional money managers?
- A study by Sharpe found that the average mutual fund manager did as well as the DJIA, but, after expenses, net returns were below those of the DJIA.
- Jensen found that after adjusting for risk the average fund earned about 1.1 percent less than they should have. Mains revised Jensen's study and conclued that fund performance was neutral.
- Carlson and Lehmann/Modest found that performance measurement varied with the index used, but overall, average performance was consistently inferior to the market.
- Cunby/Glen showed that internatinally diversified funds have not beaten the international index after adjustments for risk.
- Blake/Elton/Gruber show that bond mutual funds have not outpermed relevant bond indexes.
3. Market timing abilities: Performance can be attributed to security selection or to market timing ability. Can fund mangers time the market, that is, switch to an aggressive posture in advance of market upswings and switch to a conservative posture in advance of market downswings? Academic researchers conclude that there is no evidence to show that managers can time the market.
4. Consistency of performance: Klemkosky concluded that investors should not use past performance to predict short-run future performance. Dunn/Theisen concluded that historical performance should be given little weight when picking a manager.
5. What should you derive from this or expect from a fund?
- The fund manager should help you determine your risk return preferences and then help you pick a fund that matches them.
- The fund should give you instant diversification.
- The fund should maintain its diversification and keep its risk class constant.
- The fund should try to achieve superior risk adjusted performance.
- The fund should provide you timely information for tax purposes and reinvest your dividends.
-----Original Message-----
From: Dorland, Chris
Sent: Fri 9/28/2001 11:57 AM
To: Dorland, Dan
Cc:
Subject:
Send me stats... | {
"pile_set_name": "Enron Emails"
} |
Rita,
We have a path created in Unify that has actuals attached to it for December 4-31, 2001 that need to be zeroed out:
Path ID is 10108728
Track ID is 11112477
Sitara Deal Ticket #941625
The correct path that does show BAV correctly is:
Path ID 24335439
Track ID 11249017
Sitara Deal Ticket #1198556
Please call me if I need to do anything further to help get this paid correctly.
Sabra
X39781 | {
"pile_set_name": "Enron Emails"
} |
Please plan to attend a meeting to discuss moving forward on the expansion of the San Juan Lateral (as stated in Ron's memo below). The meeting will be on Thursday, 1/24 from 2:00 - 3:00 pm in EBN 1336. Larry - the phone # is 713-345-2846. Thank you.
-----Original Message-----
From: Harris, Steven
Sent: Wednesday, January 16, 2002 3:56 PM
To: Matthews, Ron; Watson, Kimberly; Lindberg, Lorraine; Asante, Ben; Alters, Dennis; Keller, John R.
Cc: Eisenstein, Arnold L.; Centilli, James
Subject: RE: San Juan Expansion Options - Small Volume
I would like to pursue as quickly as possible the option of adding the coolers to get the incremental 10,000/d. Please proceed with developing a more exact cost estimate and determining from a materials standpoint what the timing of the project might be. Thanks.
Steve
-----Original Message-----
From: Matthews, Ron
Sent: Wednesday, January 16, 2002 1:42 PM
To: Harris, Steven; Watson, Kimberly; Lindberg, Lorraine; Asante, Ben; Alters, Dennis; Keller, John R.
Cc: Eisenstein, Arnold L.; Centilli, James
Subject: San Juan Expansion Options - Small Volume
Marketing requested Planning to review any and all possibilities to achieve small volume expansions through the San Juan lateral. Several facility scenarios were investigated by Planning which are in the attached Excel spreadsheet. Most if not all are too costly to justify installing. However, there is another option that is not listed in the attached that was a late entry. Discussions with Engineering have determined that by cooling the inlet air to the turbines would increase the available horsepower. That in turn would increase the station's overall throughput. Preliminary studies indicate that approximately 10 MMcf/d of additional throughput could be realized if inlet air cooling is installed. The + 30% estimate for two units would be $600,000. BIG bargain compared to the options in the attached file. The facility installation is not a major job but the FERC approval to utilize additional horsepower could take 6 - 9 months. Other considerations to review would be the air quality permit for the increase in horsepower, and potential environmental clearances to do construction. Let me know what you think about this suggestion. Please feel free to call.
Ron Matthews
<< File: SJLEXP01.XLS >> | {
"pile_set_name": "Enron Emails"
} |
Please change the Sitara tickets dating back to January 2000 and let me know
when you are finished.
Thank You,
Tina Valadez
Daren J Farmer
10/16/2000 11:15 AM
To: Tina Valadez/HOU/ECT@ECT
cc: Carlos J Rodriguez/HOU/ECT@ECT, Kristen J Hanson/HOU/ECT@ECT
Subject: Re: Koch Midstream Services Co
Since Koch has told you that they sold the properties to Duke, I would say
that Duke should be paying us for the gas.
I had heard that Koch sold the properties to another counterparty, but I
wasn't sure to whom. I either talked or left a message with someone in the
settlements area about two months ago about this after Koch informed the
trader that they should not be getting the invoices. However, I never heard
back from anyone.
This is related to the CES acquisition which came online the first of this
year. The deal info we had at the time had this sale booked to Koch. I can
change the tickets in Sitara to the Duke counterparty (or create new tickets)
today if you need me to, so that we can get the invoice out the door. You
will still need to coordinate with the contract group in getting the correct
contract in place for the deal.
D
Tina Valadez
10/10/2000 10:18 AM
To: Carlos J Rodriguez/HOU/ECT@ECT
cc: Kristen J Hanson/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT
Subject: Koch Midstream Services Co
I have been billing Koch Midstream Services Co under ENA for meters
LL-1-0030-Comitas (Sitara #144052) and LL-1-0027-Volpe (Sitara #144049). My
former accounting contact at Koch, Michael Thomas, said that Koch sold these
south texas assets to Duke Energy Field Services back in 1999. Michael faxed
a contract which I forwarded to Cindy Balfour Flannigan in the contract
area. Cindy said she can't tie the deals in the contract to our system so
she can't recognize the assignment. Cindy has left messages with Koch, but
she has not been able to resolve the issue. Koch is refusing to pay for
the gas and there is currently over a million dollars outstanding relating to
these deals. I need to find out whether Koch or Duke is responsible for
paying for this gas. Do you have any information regarding this issue?
Thanks,
Tina Valadez
3-7548
---------------------- Forwarded by Tina Valadez/HOU/ECT on 10/10/2000 10:03
AM ---------------------------
From: Ami Chokshi @ ENRON 10/09/2000 02:47 PM
To: Tina Valadez/HOU/ECT@ECT
cc:
Subject:
Tina,
With regards ti the Koch Midstream, you could talk to Daren Farmer about it.
Also, Carlos Rodriguez could help.
Ami | {
"pile_set_name": "Enron Emails"
} |
Since I had to leave before the meeting concluded and you were not there at
that point, I wanted to recap my understanding of the next steps. Ed
Gottlob, Melissa Graves, Rita Wynne and Clem Cernosek will work together to
pull data to view HPLC's total transport business, and then balance it to the
off-system interconnect business used in the Texas Trading Operation. This
perspective, when all elements are accounted for and tied out, should result
in the accounting UA4 numbers recorded each month in our general ledger.
They will focus as the core team, and will enlist others as needed which
might include Gas Accounting, Settlements (Lisa Csikos) or others.
Additionally, Johnnie has offered assistance from her team, but feels the
project of tieing the data best resides in Energy Operations. They will need
to determine their course of action, and schedule a follow-up meeting with
the group when they have some data to share.
I want to reiterate: We all understand the importance of this project and
will do everything possible to support it. These 4 people will remove
themselves from their daily activities to concentrate on this full-time. We
felt a dedicated group would deliver the desired results more effectively
rather than individuals balancing other responsiblities. It is crucial that
everyone take ownership in the results.
Please let me know if I have misstated anything or if there are any questions.
Brenda
x3-5778 | {
"pile_set_name": "Enron Emails"
} |
Enron's Dispute With Indian State Over Power Bills Takes New Turn
The Wall Street Journal, 04/10/01
E.ON and Powergen Form a Superpower --- Deal Will Create World's
Second-Largest Utility --- It Also Marks Europe's First Big Leap Into U.S.
Market
The Wall Street Journal Europe, 04/10/01
American, TWA Close Deal
The Washington Post, 04/10/01
Govt to seek conciliation with Enron unit on Maharashtra power issue: Sinha
AFX News, 04/10/01
INDIA: India govt says to seek conciliation with Enron.
Reuters English News Service, 04/10/01
India: Finance minister on telecom, textiles policy, Enron issue
BBC Monitoring, 04/10/01
India: 'Failed business model' for Dabhol
Business Line (The Hindu), 04/10/01
State seeks more power from Central Grid
The Times of India, 04/10/01
Board picks California firm to build and run water plant
Houston Chronicle, 04/10/01
ASIA-PACIFIC, AFRICA & MIDDLE EAST: Enron threat to withdraw from India
Financial Times; Apr 10, 2001
International
Enron's Dispute With Indian State Over Power Bills Takes New Turn
By Daniel Pearl
Staff Reporter of The Wall Street Journal
04/10/2001
The Wall Street Journal
A15
(Copyright (c) 2001, Dow Jones & Company, Inc.)
BOMBAY, India -- Enron Corp.'s Indian power project has given the state of
Maharashtra notice amounting to a threat to cut off electricity, raising the
stakes in a dispute over bills from India's first big private power plant.
The Enron-controlled Dabhol Power Co. delivered a notice of political force
majeure to the Indian state, saying recent government actions could harm the
company's ability to "perform obligations." A political force majeure is
typically used to dissolve a contract after a war, a coup, or a similar
radical event.
In this case, the declaration may be a pressure tactic, as the state
government moves to renegotiate a five-year-old contract for the plant's
second phase. A spokesman for Dabhol, in which Bechtel Group Inc. and General
Electric Co. are junior shareholders, said yesterday that the notice was an
effort to protect the $3 billion project's lenders, who "have expressed
concern" about difficulties getting payments. He declined to elaborate.
The cash-strapped Maharashtra State Electricity Board, Dabhol's only
customer, has failed to make payments since December.
The federal government has guaranteed the payments. But the government has
withheld two months' worth, a total of $48 million, citing a claim against
the gas-fired plant for taking two hours longer than promised to restart
after shutdowns. The Dabhol spokesman said the Indian government agreed
yesterday to send the payment dispute to a mediation panel.
Vinay Bansal, chairman of the state electricity board, said he disagrees with
the force majeure declaration. Mr. Bansal said Dabhol's notice pointed to
recent statements by Maharashtra's top official questioning the need for the
project's second phase. It also cited pronouncements by the federal
government that it wouldn't pay until the shutdown dispute is resolved. He
said the notice cited the state government's creation of a panel to review,
and possibly renegotiate, the Dabhol contract. The panel is scheduled to
release its conclusions on Dabhol today.
The notice from Dabhol didn't say what the power company might do. Cutting
off power would have limited effect. The board has already reduced purchases
from Dabhol to a minimum, letting the 740-megawatt plant produce at 30% of
capacity. The board blames Dabhol's high rates for the reduction, saying it
must buy from cheaper sources first. Enron says rates would fall if the plant
produced at 90% capacity, as envisioned when the first-phase contract was
reached in 1993.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
E.ON and Powergen Form a Superpower --- Deal Will Create World's
Second-Largest Utility --- It Also Marks Europe's First Big Leap Into U.S.
Market
By Vanessa Fuhrmans and Marc Champion
Staff Reporters
04/10/2001
The Wall Street Journal Europe
1
(Copyright (c) 2001, Dow Jones & Company, Inc.)
E.ON AG unveiled plans to take over Powergen PLC for 8.2 billion euros in
cash and assume 7.1 billion euros in debt, a deal that would create the
world's second-largest electricity-service provider and strike one of the
boldest moves yet to consolidate Europe's newly deregulated power industry.
E.ON said it would offer Powergen shareholders 765 pence (12.18 euros) per
share -- an 8.4% premium to last week's closing share price -- valuing the
U.K. utility at 8.2 billion euros. In addition, E.ON would take on roughly
7.1 billion euros in debt from Powergen's acquisition of Kentucky-based LG&E
Energy Corp.
The deal is the latest in a recent string of mergers and acquisitions to roil
Europe's energy sector; E.ON itself was formed in late 1999 from the merger
of German utility giants Veba AG and Viag AG. But the acquisition of Powergen
would go further, creating the world's second-largest utility, after
state-owned Electricite de France, in terms of electricity sales volume. It
also marks the first big leap by a continental European utility into the
U.S., the world's biggest power market, via LG&E.
Monday, Powergen shares rose 1.9% in London to 719.5 pence, while E.ON shares
jumped 5.2% to 54.45 euros in Frankfurt.
Analysts cautioned that while the deal looks good on paper, carrying it out
could prove difficult. E.ON still has to find buyers and reasonable prices
for businesses with a total market value of more than 15 billion euros. And
expanding in the U.S., where prices for utilities are on the rise and the
regulatory environment is tough, also won't be easy.
"It will be very easy to get their fingers burned," said Peter Atherton,
analyst at Schroder Salomon Smith Barney. "This is a deal that makes sense,
but it carries a large execution risk."
The Kentucky utility, LG&E, is only the first step in E.ON's broader U.S.
expansion plans, E.ON Chief Executive Ulrich Hartmann said. The German power
giant will have a war chest of between 30 billion euros and 45 billion euros,
depending how quickly it sells some of its nonenergy businesses. Much of it,
Mr. Hartmann said, would go toward spreading further into more industrialized
parts of the Midwest, which makes up one-third of the U.S. electricity
market.
"Our goal is to achieve a leading position in the United States," said Mr.
Hartmann, who will remain chief executive of the enlarged E.ON and become
chairman of Powergen. Powergen Chief Executive Nick Baldwin will continue to
lead the U.K. utility as a unit of E.ON.
The deal also will step up E.ON's plans to shed other assets, including major
subsidiaries such as Degussa AG, a specialty chemicals maker, logistics
company Stinnes AG, and real estate unit Viterra.
E.ON and Powergen first disclosed they were in advanced takeover talks nearly
four months ago. But negotiations snagged on concerns that the acquisition
would run afoul of strict ownership laws in the U.S. that allow only
utilities to operate other utilities. Authorities have instead viewed E.ON --
which derives half of its market capitalization from activities such as oil,
chemicals and even electronics -- as a conglomerate.
E.ON already plans to sell some of those businesses as part of a wider
restructuring. On Monday, Mr. Hartmann pledged to sell all of them within the
next three to five years. E.ON plans to make a formal offer for Powergen
early next year, once it obtains all the regulatory approvals in the U.S.,
U.K. and European Union, and complete the deal by the spring of 2002.
Like other European utilities, E.ON has been prowling for new acquisitions
abroad as growing competition and lower electricity prices have cut into
revenues in its home market. Acquiring Powergen would give E.ON instant
access to two markets that present more near-term opportunities than
elsewhere in Europe. Prices being asked for companies in Spain were far too
high, Mr. Hartmann said, while in France and Italy there were big hurdles for
purchasers.
The U.S., by contrast, offers "a market with greater growth than in Europe
and an energy market that is very fragmented with a lot of opportunity for
consolidation," he said.
E.ON and other European utilities also have been eager to expand into the
U.S. to tap into its lucrative energy trading market particularly as U.S.
utilities, such as Enron Corp. and Duke Energy Corp., make further inroads
into Europe's fledgling trading market with their homegrown expertise.
With Powergen, E.ON will have a utility whose management has 10 years of
experience competing in a deregulated market and negotiating in the U.S. By
comparison, the German market embarked on deregulation only three years ago.
Powergen has been narrowing its generation business in recent years as it
moved to develop an integrated energy business that includes generation,
distribution, retail services and trading. Two years ago, for example,
Powergen owned over 20% of the U.K.'s generating capacity. It now has 10%,
comprised of seven mainly gas- and coal-fired plants but has expanded in the
retail sector, adding one million customers last year.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Financial
American, TWA Close Deal
04/10/2001
The Washington Post
FINAL
E02
Copyright 2001, The Washington Post Co. All Rights Reserved
American Airlines became the world's largest air carrier after acquiring the
assets of bankrupt Trans World Airlines. The deal was completed after a
federal appeals court denied a last-minute bid by a group of Israeli TWA
workers to stop financially troubled TWA from selling its assets to American
Airlines' parent company, AMR. AMR's deal to pay $742 million for the
airline, plus the assumption of $3.5 billion in debt, does not include funds
for TWA's unsecured creditors. The Israeli workers are unsecured creditors
owed about $18 million in salaries and benefits, their attorney said.
MORE NEWS
American Airlines, meanwhile, said it will charge passengers $10 each for
paper tickets if a customer qualifies for an electronic ticket, as the
carrier tries to reduce costs. The fee will be levied for tickets on American
and American Eagle bought at the AA.com Web site; American's reservations
centers; its Travel Centers, which are outside airports; and airports.
American wouldn't say how it decides who qualifies for an e-ticket.
Bank One has agreed to purchase Wachovia's $8 billion portfolio of consumer
credit cards for undisclosed terms. The acquisition is the first for
Chicago-based Bank One since Jamie Dimon became chief executive last March.
T-bill rates fell. The discount rate on three-month Treasury bills auctioned
yesterday fell to 3.82 percent, from 4.125 percent last week. Rates on
six-month bills fell to 3.815 percent from 4.02 percent. The actual return to
investors is 3.912 percent for three-month bills, with a $10,000 bill selling
for $9,903.40, and 3.945 percent for a six-month bill selling for $9,807.10.
Separately, the Federal Reserve said the average yield for one-year constant
maturity Treasury bills, a popular index for making changes in
adjustable-rate mortgages, fell to 4 percent last week from 4.19 percent the
previous week.
New York jurors who ordered online music provider MP3.com to pay nearly
$300,000 to a record label for copyright infringement have told the trial
judge that they checked the math and discovered they made a mistake: What
they really meant was $3 million. After seeing press reports about their
$300,000 award to Tee Vee Toons, jurors over the weekend alerted the federal
judge of the error in their calculations, according to a court clerk. The
judge scheduled a hearing.
AT&T said in a regulatory filing that it's trying to sell a $1.98 billion
stake in Cablevision Systems, the New York City area's largest cable
television provider, as it sells investments in other companies to pay down
debt.
Prudential Insurance estimated its initial public offering could raise as
much as $3.9 billion, which would make it the fourth-biggest first-time stock
sale in U.S. history. Under the name Prudential Financial Inc., the company
plans to sell 89 million common shares.
IBM and United Technologies' Carrier unit said they will offer air
conditioners that can be controlled remotely using personal computers and
mobile phones. Owners of the new line of air conditioners will be able to set
temperatures and switch units on and off using the Myappliance.com service,
the companies said. Prices weren't disclosed.
LOCAL BUSINESS
Verizon, the nation's largest local phone company, should be split up to
ensure rivals get fair treatment when seeking access to its network,
competitors told Virginia regulators. AT&T, Covad Communications, Cavalier
Telephone and Network Access Solutions asked the Virginia State Corporation
Commission to split the company into units leasing lines to rivals and
selling service to its own customers. In Pennsylvania, regulators last month
ordered Verizon to run separate wholesale and retail units and spared it from
a breakup.
W.R. Grace & Co. of Columbia has named David B. Siegel the chemicals firm's
chief restructuring officer after the company's filing for Chapter 11
bankruptcy protection. Siegel will continue to serve as Grace's senior vice
president and general counsel. Siegel joined Grace in 1977 as corporate
counsel and has held several positions in the company's legal office.
Cingular Wireless, the second-largest U.S. mobile-phone company, was sued by
a Maryland customer who alleged the company inflated her rates by recording
several months of calls on one monthly bill. Girard & Green, a San Francisco
firm, filed suit in Prince George's County, seeking damages and refunds on
behalf of Ann Boldoc. The suit requests class-action status for the case.
Allegheny Energy of Hagerstown plans to sell as much as $457.4 million of
common stock by early May to help finance its $1.03 billion purchase of three
power plants from Enron. The natural-gas-fueled plants are in Indiana,
Illinois and Tennessee.
Royal Ahold, the Netherlands-based international food company that includes
Giant Food and U.S. Foodservice, said that it plans to add two new members to
its executive board -- William J. Grize, president of Chantilly-based Ahold
USA-Retail, and James L. Miller, president of U.S. Foodservice, which is
headquartered in Columbia.
INTERNATIONAL
NEC, the Japanese electronics giant, plans to halt its production of computer
memory chips in the United States by the end of June, cutting about 700 jobs
at its NEC Electronics plant in Roseville, Calif. The company cited a severe
downturn in demand for DRAM (dynamic random access memory) chips.
Compiled from reports by the Associated Press, Bloomberg News, Dow Jones News
Service and Washington Post staff writers
http://www.washingtonpost.com
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Govt to seek conciliation with Enron unit on Maharashtra power issue: Sinha
04/10/2001
AFX News
(c) 2001 by AFP-Extel News Ltd
NEW DELHI (AFX) - The government will seek conciliation with Enron Corp unit
Dabhol Power Co after the company invoked the political "force majeure"
clause yesterday over non-payment of arrears by the Maharashtra state
electricity board (MSEB), Finance Minister Yashwant Sinha said.
"We have agreed to conciliation," Sinha told reporters on the sidelines of a
seminar.
Enron said that it was planning for arbitration in a London court to recover
1.02 bln rupees worth of bills owed to it by MSEB for December.
ams/jag/rf For more information and to contact AFX: www.afxnews.com and
www.afxpress.com
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
INDIA: India govt says to seek conciliation with Enron.
04/10/2001
Reuters English News Service
(C) Reuters Limited 2001.
NEW DELHI, April 10 (Reuters) - India said on Tuesday that it planned to seek
conciliation with U.S. energy giant Enron after the company invoked political
force majeure over its controversy-ridden power project in western India.
"We have agreed to conciliation and we will go ahead with conciliation,"
Finance Minister Yashwant Sinha told reporters on the sidelines of a textiles
conference. He did not elaborate.
The Indian unit of Enron , Dabhol Power Company (DPC), sent the force majeure
notice on Monday to state utility Maharashtra State Electricity Board (MSEB).
The notice was the latest step in a running confrontation between the U.S.
multinational and the Maharashtra government over unpaid bills.
Last week, Houston-based Enron notified the government it was applying to an
arbitration court in London to consider its claim for 1.02 billion rupees
owed by MSEB for power it purchased in December from DPC. Enron owns 65
percent of DPC.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
India: Finance minister on telecom, textiles policy, Enron issue
04/10/2001
BBC Monitoring
Source: PTI news agency, New Delhi, in English 0918 gmt 10 Apr 01/BBC
Monitoring/(c) BBC
Excerpt from report by Indian news agency PTI
New Delhi, 10 April: Indian Finance Minister Yashwant Sinha on Tuesday [10
April] said there was no rethinking on the part of Federal Government over
its telecom policy, but the issue of providing limited area mobile telephone
through wireless local loop system was being reviewed by the Group of
Ministers on Telecom.
"Government is not having any rethinking. The issue is being reviewed by a
group on telecom and IT. We will soon have a meeting of the group to look at
the policy and make recommendations to the government", Sinha told reporters
on the sidelines of a conference of state textile ministers in the Indian
capital city.
Asked about federal Communication Minister Ram Vilas Paswan's statement that
the 1999 telecom policy would be modified to enable introduction of Wireless
Local Loop (WLL), Sinha said Paswan is a member of the group and it will
listen to what he has to say.
"I cannot anticipate the conclusions of the group. The one lesson I have
learnt is not to react to newspaper reports which are appearing," he said.
On the dispute over Enron's Dabhol power project, Sinha said, Indian
government has decided to resolve the issue through conciliation.
"We have agreed to conciliation and we will go ahead with conciliation,"
Sinha said.
The Dabhol power company had slapped arbitration and conciliation notices on
federal finance ministry for not settling dues totalling 1.02bn rupees for
December.
Sinha's observation came after a meeting of senior officials of federal
finance and power ministry on Monday which decided to adopt the conciliation
route rather than arbitration to settle the standoff.
On the demand of the textile sector to review the 16 per cent excise duty
imposed on branded garments, Sinha said, he would not like to go into the
specific taxation proposals now as they were the property of parliament.
But at the same time, he admitted there were some areas of concern in the
textile sector which merited reconsideration in consultation with the textile
ministry.
On the loss making National Textile Corporation, Sinha said the government
was "trying its best to revive as many mills as possible within our means".
The Group of Ministers on NTC had already gone into the issue and had come
out with some recommendations which would be sent to the cabinet for taking a
final view, he said.
Sinha said the government had a very positive approach on the issue.
Earlier addressing the state textiles ministers conference, Sinha cautioned
the textiles industry against raising the bogey of dumping and said there was
no escape from fair competition within the WTO regime.
"We have to prepare ourselves for fair competition, through modernization,
upgradation of technology and adoption of good management practices on a
continuous basis."
Sinha, however, said government would take all steps to ensure there was no
unfair competition through enforcement of anti-dumping regulations and tariff
measures.
He said the dismantling of Multi-Fibre Agreement by December 2004 offered
both opportunity and challenges. "If we do not prepare for it we will end up
on the losing side"...
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
India: 'Failed business model' for Dabhol
04/10/2001
Business Line (The Hindu)
Copyright (C) 2001 Kasturi & Sons Ltd (KSL); Source: World Reporter (TM) -
Asia Intelligence Wire
MUMBAI, April 9. EVEN as the wrangling continues over the Dabhol power
project, financial analysts, in consultation with legal experts, are trying
to identify means by which the feuding parties can back off after cutting
their losses.
One proposal that has been put forward is by Mr Pradyumna Kaul, management
consultant and anti-Enron activist. Mr Kaul has suggested that the project be
treated as a "failed business model". In other words, a sick company.
In his deposition before the Godbole Committee, set up to examine the Enron
issue, Mr Kaul examined various alternatives available, and homed in on the
"open market" method. The model suggests restructuring the project in
consultation with lenders, as the "minority shareholders have developed
serious differences with the majority stakeholders".
Mr Kaul has argued that Dabhol Power Company (DPC) must not be allowed
third-party sale of power (as suggested by it as a possible solution) as that
would wean away the high-paying customers of the Maharashtra State
Electricity Board, paving the way for its bankruptcy.
"A Greenwich University report speaks about 8-10 ways adopted by different
countries for cancelling IPP contracts. The most common one is a legislative
fiat - Parliament or a State Assembly pass a law declaring the project
illegal ab initio, and, therefore, void ab initio. No rights would accrue to
any of the parties involved in the contract," he told the panel.
He cited the example of Pakistan which cancelled six projects already
producing power at one stroke through this route and the nation "remained
unaffected".
A "workable private sector cure", according to Mr Kaul, would be to reduce
the "over-invoiced" capital cost. The share capital, by way of illustration,
can be written down from Rs 10 to Re 1. This has happened in Far East Asia,
he said. To deal with the debt, loans have to be restructured and interest
deferred.
The capital cost of phase I of the Dabhol project is around Rs 3,760 crore,
comprising 30 per cent (about Rs 1,100 crore) equity and the rest debt
(around Rs 2,600 crore). "The equity has to be written down by a factor of 10
to about Rs 100 crore and the debt has to be brought down by half. The
interest has to be deferred," Mr Kaul suggested.
This depends on the Government and MSEB playing a major role.
- Our Bureau
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
State seeks more power from Central Grid
The Times of India News Service
04/10/2001
The Times of India
Copyright (C) 2001 The Times of India; Source: World Reporter (TM)
BANGALORE: The state government has urged the Centre to provide an additional
14 million units (MU) of power from the Central Grid to tide over the present
shortfall in demand.
Speaking to reporters here on Monday, Energy Minister Veerakumar Patil said
KPTC chairman V.P. Baligar was in Delhi for talks with the Union Power
Ministry and had put forth this request.
``The state generates 57.244 MU and is supplemented with 24.260 MU from the
grid while the demand is around 95 MU leading to a shortfall of roughly 14
MU,'' he stated.
Patil said the government had held discussions with Enron of Maharashtra for
supply of power but dropped the proposal since it was an expensive affair at
Rs 4.60 per unit. ``We did ask them to reconsider the pricing but they have
not responded so far,'' he said.
Meanwhile, the state was also getting ready to implement a programme for
proper distribution of the available power within a week. ``Irrigation
pumpsets will get three-phase power only at night, while supply will also be
suitably regulated for non urban users as well. As of now we have no urban
loadshedding proposal,'' he declared.
As for eight-hour uninterrupted power supply for farmers from May 1 as
announced by Chief Minister S.M. Krishna in his budget speech, Patil felt the
state would be ready to fulfil the promise. ``We expect demand to fall by May
enabling us to provide this amount. We are chalking out a detailed programme
to achieve this,'' he informed.
Referring to the Raichur Thermal Power Station, he said the third unit had
started functioning about 10 days ago, while the fifth would commence on May
15. ``Work on the seventh unit is in full swing and is ahead of schedule by
28 days,'' he said.
Asked about arrears, Patil said the KPTC had no outstanding dues to
Maharashtra from where it buys power but owed the KPC more than Rs 1,000
crore.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
April 10, 2001, 6:43AM
Houston Chronicle
Board picks California firm to build and run water plant
By MARY FLOOD
Copyright 2001 Houston Chronicle
A Pasadena, Calif., engineering firm was chosen Monday by a citizens board
that will now negotiate a design-build-operate contract for a Lake Houston
water plant that could cost as much as $150 million.
The Houston Area Water Corp. board, known as the Hawk, voted 4-1 to negotiate
a contract with Montgomery Watson Inc. despite three recommendations from
City Hall staff that it choose another bidder. City Hall favored
Houston-based Azurix Corp., a troubled affiliate of Enron Corp.
After a contract is worked out, it will be presented to the City Council for
approval, but the council does not have to accept the board's recommendation.
Azurix was the rumored front-runner for months. Evidence that Mayor Lee
Brown's administration wanted Azurix to get the contract came when City
Attorney Anthony Hall had a heated public argument with the Hawk's chairman,
David Berg, at a mayoral fund-raiser last month. They discussed an attempt by
City Hall staff to change its calculation to favor Montgomery Watson.
The staff was told by Hall and the mayor's chief administrative officer that
such a change would taint the decision process and that the staff should
support Azurix. The Hawk was not bound by the staff recommendation.
"There was no pressure from City Hall that I and the board could not
withstand," Berg said. He also joked when a reporter's cell phone rang
midmeeting, "If that's Anthony Hall, tell him our anger management class is
at 3:30."
The plant is part of a Houston-area surface-water treatment and use plan that
could cost about $2 billion to implement. Montgomery Watson's bid came in
around $17 million below Azurix's. The third bidder is U.S. Filter Operating
Services, part of a French company.
"Montgomery Watson is, frankly, cheaper. And that's impressive to me," Berg
said. He also told the anxious crowd of business people at the meeting that
he went against the City Hall staff's recommendation in part because of the
financial viability of the three companies and Azurix's announcement Friday
that it plans to sell Azurix North America, the body that would oversee this
contract.
"We are disappointed with the decision the Hawk made," said Diane Bazelides,
spokeswoman for Azurix.
Board member Andy DeAnda, an engineer, was the sole voter for Azurix, though
a sixth board member, Binh Ho, was absent but had indicated he, too, would
have voted for Azurix. "I wanted to respect the staff recommendation," DeAnda
said. "Plus companies are bought and sold all the time. That doesn't bother
me."
Kathi Wilkes, a lobbyist for Montgomery Watson, said it was happy to get the
board's nod and doesn't really know what pressure City Council will get from
the other companies.
City Councilman Carroll Robinson, who heads the council's infrastructure
committee that will hear from the Hawk board, said the council will now ask
questions of the board and staff and decide if the right decision was made.
"I don't think everybody's going to walk away. I assume (all three companies)
will still want to make their case to council about why they should have been
picked," he said.
Berg will make a preliminary report to Robinson's committee today.
"This has been a very long process, longer than we thought," said Berg. "I
recall (the mayor's chief administrative officer) saying to us it'll be six
months, six meetings and it'll be over, no big deal."
The board, appointed almost eight months ago, has instead been a center of
controversy. Legislators have questioned the wisdom of allowing local
government corporations like the Hawk to handle such large projects. The
board is allowed by state law to choose a design-build-operate contract
winner without following the traditional bidding process.
There has also been some friction over the Hawk with Harris County and
regional water boards about how the city of Houston will provide surface
water and how much it will cost.
ASIA-PACIFIC, AFRICA & MIDDLE EAST: Enron threat to withdraw from India
Financial Times; Apr 10, 2001
By DAVID GARDNER and KHOZEM MERCHANT
Enron, the US-based power company, yesterday delivered a warning that it
could withdraw from a controversial Dollars 3bn (Pounds 2.1bn) power project
in India, where it is locked in a payments dispute with a Bombay utility.
Officials at the Houston-based company said last night that it had lost
confidence in the state company that is contractually obliged to buy the
output of its Maharashtra plant.
Enron's 2,364MW plant at Dabhol, Maharashtra is the biggest foreign
investment in India and the only one of eight fast-track power projects
unveiled in the early 1990s to be up and running. Enron's departure would be
damaging to the government, which held up the sector as a standard-bearer of
liberalisation, only to see entrants scared off by red tape. Cogentrix of the
US quit in December 1999 after waiting seven years for approval of its
project.
Enron yesterday issued a "political force majeure" notice to the Maharashtra
State Electricity Board (MSEB), a standard contractual clause that aggrieved
parties use as a first step towards possibly quitting. Companies issue the
notice if they believe circumstances on the ground have undermined a
contract.
Enron is owed Rs2.25bn (Pounds 33m) in unpaid bills by MSEB, which recently
raised the stakes by imposing a Rs4.02bn penalty on the company for
"technical under-performance". Enron has called in two federal government
guarantees on the unpaid bills. Enron said "the concerted, deliberate and
politically motivated action of the government of Maharashtra, government of
India and MSEB have or potentially will have a material and adverse effect
(on the company's) ability to perform obligations under the power purchase
agreement".
Vinay Bansal, chairman of MSEB, said Enron's notice "does not seek particular
relief so it is unclear what is their intention". But he said MSEB would
press ahead with its claim for Rs4.02bn for "services that we have a right to
expect". Enron has dismissed the claim as "frivolous and a diversion".
Power industry sources in New Delhi said the effect of Enron's move yesterday
could be to raise the stakes in its struggle to get paid by MSEB, or to
signal its intention to withdraw from India.
One power industry executive noted, however, that Enron, as part of its
world-wide strategy, has begun moving out of the ownership of assets into the
trading of power, although investment in assets is often part of the entry
strategy to build the trading relationship. "The question is whether Enron is
willing to write India off," he said. "Or, rather, will they get rid of the
assets before the trading strategy has had time to get going." For regional
reports, www.ft.com/asiapacific
Copyright: The Financial Times Limited | {
"pile_set_name": "Enron Emails"
} |
Here it is. See you at Sun bright and early. At this point, I'm planning on
accompanying you to LA, but we can play by ear.
Best,
Jeff
- Comparison Table 5.10.01.xls | {
"pile_set_name": "Enron Emails"
} |
<<...OLE_Obj...>>
June 8, 2001
TO: ALL MEMBERS
NESA/HEA
FROM: GREGORY A. DODD, CO-Chair
NESA/HEA Nominating Committee
RE: 2001-2004 SLATE OF DIRECTORS
NESA/HEA Board of Directors
Ladies & Gentlemen:
The NESA/HEA Nominating Committee met to consider possible nominees for the
2001-2004 term on the NESA/HEA Board of Directors. The Committee has
selected what it considers to be the four most qualified individuals to fill
those terms. They are listed below for your consideration.
* Pat Bracewell, Manager, Cross Regional Accounts, Tennessee Gas
Pipeline Co.
* Julie Gomez, Vice President, Enron North America
* Betsy McMahon, Manager, Oil & Gas Supply - AEP West, AEP Energy
Services, Inc.
* Rob Pirt, Director, Northern Development, TransCanada PipeLines
The ballot will be sent to all Voting members for action on or before August
8, 2001. To receive a ballot and be eligible to vote, you must be a Voting
member of NESA/HEA with dues paid-in-full prior to ballot mailing. If you
have a question about your membership status, please contact Eva M. Pollard,
Director of Member Services, at 713.856.6525.
Again, this letter is for informational purposes only. No action is
required at this time.
GAD/g/nom/jun | {
"pile_set_name": "Enron Emails"
} |
FYI
We are planning on joining Crestone for a combined Denver Christmas party. The cost for our share will be approximately $1,000. I know it is not cheap, but I think it is an important signal and morale booster which is critical at this time. We have a long way to go in this deal. | {
"pile_set_name": "Enron Emails"
} |
Mark:
I was planning to take vacation from April 13th (Friday) returning to the
office on April 24 (Tuesday). I would need a week and two days because I
plan to travel to Portugal. Please let me know if this is acceptable.
Thank you
FPL | {
"pile_set_name": "Enron Emails"
} |
The attached file is an update of the CES FOM June'00 request that was
transmitted on 5/23/00. The changes between this version and the original
version are listed in the worksheet labelled "Comments". The most
substantive
change is an approximate 1400 dth/day reduction in our daily delivery to WGL
off TCO.
The worksheet labelled 'Total Reqs.' and the one labelled 'Jun00 EPA Vols'
show
volume requirements at the various citygates. I have not adjusted our volume
requirements to reflect supply from local production behind some LDCs per
Chris
Germany's e-mail of 5/24/00. However, I have inserted notes indicating where
and what portion of the citygate volumes shown, will be supplied by local
production per Chris's aforementioned e-mail.
Also: The volumes in the attached are requested pursuant to the 12/99 Energy
Purchase Agreement between Enron and CES. During June 2000 CES will be
procuring additonal volumes from Enron under a separate deal, which should not
be confused with this request.
Doug Kinney
Ph: 703-561-6339
Fax: 703-561-7317
- Jun00_FOM_Req2.xls | {
"pile_set_name": "Enron Emails"
} |
We are pleased to announce that Sally Beck has been named Chief Operating Officer for Enron Net Works. She will join Greg Piper, President and Chief Executive Officer and Mark Pickering, Chief Technology Officer in the Enron Net Works Office of the Chair.
In her current role as Managing Director for Enron Net Works, Sally heads up Enron's Global Risk Management Operations.
Ms. Beck brings more than 20 years professional experience to Enron, joining the Company in 1992. She graduated from the University of Texas at Austin with a B.B.A. in Marketing and an MBA with a concentration in Finance.
Please join us in congratulating Sally on her new role. | {
"pile_set_name": "Enron Emails"
} |
Sure, I'll call around. Many will be closed for holidays though....I'll get
back to you....
Thomas D Gros@ENRON
12/14/2000 09:17 AM
To: [email protected]
cc:
Subject: NY Art Trip
Barbara and I are going to be in NYC on Dec 29 and 30, and we'd like to visit
a few art galleries. Could you please recommend a few? | {
"pile_set_name": "Enron Emails"
} |
Start Date: 4/11/01; HourAhead hour: 17; No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.
LOG MESSAGES:
PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041117.txt
---- Load Schedule ----
$$$ Variance found in table tblLoads.
Details: (Hour: 17 / Preferred: 7.42 / Final: 7.41)
TRANS_TYPE: FINAL
LOAD_ID: SCE1
MKT_TYPE: 2
TRANS_DATE: 4/11/01
SC_ID: EPMI | {
"pile_set_name": "Enron Emails"
} |
Your a most welcome. I would like to see the doc they sign to see if they
accepted our remarks.
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"
} |
We will continue to offer REORIENTATION sessions to keep you updated on changes to Enron's business policies and procedures since filing for bankruptcy. This is a short session designed for employees to outline current benefits and services, and to provide a better understanding of the bankruptcy process.
Agenda items include:
- An update on the Credit Union
- Status of the Enron Building, including space management, churns and building services
- A review of Employee Benefits
- A presentation from the Resolution Center
- An update on existing Employee Services
- An overview Employee Self Service, including how to access or change your own employee information
- A Legal Overview, including some things you should know about bankruptcy
- A presentation from Human Resources
The next session will be held on Thursday, June 13th in EB5C2 from 9:00-11:00am, and is limited to 50 participants, so you must RSVP if you would like to attend. Simply select the button above to indicate that you would like to attend. You will then be sent a confirmation email. If you have a question about this program or a suggestion for a future program, please contact Sarah Austin at 5-3791. | {
"pile_set_name": "Enron Emails"
} |
MEMORANDUM
TO: State Issues Committee
FROM: Jane Cahill, State Issues Committee Chair
Samantha Slater, Manager of State & Regional Affairs
DATE: March 29, 2001
RE: April 2nd West Region Conference Call
REMINDER
We will hold a conference call on Monday, April 2, 2001, at 2:00 p.m. (EDT).
This week's call will focus on legislative and regulatory issues and recent
developments in the West region. To access this call dial 1-800-937-6563.
Ask for the EPSA/Samantha Slater Call. An agenda is outlined below.
April 2, 2001 Conference Call Agenda
? Arizona
? California
? Idaho
? Montana
? Nevada
? New Mexico
? Oregon
? Washington
? EPSA Draft FTC Comments (previously distributed) | {
"pile_set_name": "Enron Emails"
} |
That's my One Pass number.
ckm
"Neil Mann" <[email protected]> on 04/02/2001 09:23:53 AM
Please respond to <[email protected]>
To: <[email protected]>
cc:
Subject: RE: Continental Airlines - Elite Upgrade
This is my flight and the ticket is in my name. The travel agt said I was
also a OnePass Elite (#COHG770475) and that there might be an auto upgrade
two days prior to the flight at no charge.
Just getting out of our Monday meeting. The building has yet to turn on the
a/c and it's hot in here!
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Monday, April 02, 2001 8:54 AM
To: [email protected]
Subject: Continental Airlines - Elite Upgrade
is this your flight? Have you seen your ticket? It isn't in my name, is
it?
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/02/2001 08:53
AM ---------------------------
<[email protected]> on 04/02/2001 01:01:02 AM
To: <[email protected]>
cc:
Subject: Continental Airlines - Elite Upgrade
Dear OnePass Elite Member,
Continental Airlines is pleased to advise you that you have been upgraded
to First Class on your upcoming flight due to your OnePass Elite
Membership.
Confirmation: J76ZJX
Flight Number: 1504
Date: April 05, 2001
Origination: IAH
Destination: MCO
Seat: 05F*
This e-mail notice does not replace the need to check-in for the flight.
Recommended check-in time is 1 hour prior to departure for domestic
flights. If you do not check in at least 20 minutes prior to departure
your seat can be given away.
PLEASE DO NOT REPLY TO THIS EMAIL. UNFORTUNATELY MAIL SENT TO THIS
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Reservations at 1-800-525-0280 (Domestic) or 1-800-231-0856
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Thank you for choosing Continental Airlines. | {
"pile_set_name": "Enron Emails"
} |
The Associates PRC meeting has been rescheduled for Monday, July 24th at 9:00
am. I have also sent an e:mail message to the associates letting them know
about the new date. | {
"pile_set_name": "Enron Emails"
} |
CALENDAR ENTRY: APPOINTMENT
Description:
Larry needs to meet w/you Personal
Date: 2/9/2001
Time: 9:00 AM - 9:30 AM (Central Standard Time)
Chairperson: Outlook Migration Team
Detailed Description: | {
"pile_set_name": "Enron Emails"
} |
Platts Energy Bulletin
Welcome to Platts Energy Bulletin, 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.
For Platts Premium customers go to www.einsight.com (http://www.einsight.com) to
pick up your Platts Energy Insight subscription. Your password and login remain
the same.
If you no longer wish to receive this email, instructions for unsubscribing can
be found at the bottom of each issue. We welcome your feedback - send comments
to [email protected]
Feb 5, 2002
What's New on platts.com?
Bandwidth Update: Pressured by its lenders, Williams Communications Group Inc
will develop a restructuring plan by the end of this month, although management
insisted Monday that filing for bankruptcy is not an option. The news came as
the network provider reported unaudited fourth-quarter and annual results for
2001. (http://www.platts.com/bandwidth/index.shtml)
US Futures Update: A weekly round-up of the US futures markets.
(http://www.platts.com/risk_management/futures/index.shtml)
Upcoming Events
Grid Business - The Midwest Region: An Electrical World Roundtable in
cooperation with R. J. Rudden Associates and the United States Energy
Association. March 21-22, 2002 St. Louis, Missouri.
(http://www.platts.com/gridbusiness/index.html)
Futures Round-up
NYMEX: Crude to open lower as demand concerns resurface
NYMEX March crude oil is called to open 26 cts lower at $19.81/bbl Tuesday.
March Brent is called to open 35 cts lower at $19.45/bbl. March Brent is called
to open 35 cts lower at $19.45/bbl. March heating oil is called to open 53.30
cts/gal and March unleaded gasoline is called to open 71 pts lower at 58.60
cts/gal.
IPE Brent Focus: IPE Brent crude weakens on anticpated bearish API data
Light selling pressured prices lower in early dealing as front-month March Brent
stood at $19.55/bbl at 1110 GMT, 26 cts off from Monday's settlement while April
suffered similar losses.
News Round-up
Click on the headlines below or paste the URLs provided in your internet browser
to see the full story.
OIL:
UK's Enterprise close to Iran pullout; eyes North Africa
UK explorer Enterprise Oil is close to abandoning its attempts to secure an
asset base in Iran and is looking to North Africa as a possible new core
upstream area, company CEO Sam Laidlaw said Tuesday.
(http://www.platts.com/archives.shtml#58583)
NATURAL GAS:
French energy union slams power, gas privatization
Key French energy union CGT Tuesday firmly opposed growing talk of power and gas
privatization in France. (http://www.platts.com/archives.shtml#58584)
PETROCHEMICALS:
UAE's Abu Dhabi Polymers commissions two PE plants
Abu Dhabi Polymers of the United Arab Emirates is in the course of commissioning
its two 225,000 mt/yr polyethylene plants at Ruwais, a company source said
Tuesday. (http://www.platts.com/archives.shtml#58563)
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)
ELECTRIC POWER:
Enron Europe group has liabilities of more than $2-bil
The Enron Europe group, the European arm of the collapsed US energy marketer,
has liabilities of more than $2-bil, Neville Khan of administrator
PriceWaterhouseCoopers said Tuesday.
(http://www.platts.com/archives.shtml#58576)
NUCLEAR:
US plants set record generation in 2001
The Department of Energy plans to submit a spent nuclear fuel repository license
application to the Nuclear Regulatory Commission late 2004, Lake Barrett, acting
director of the DOE civilian nuclear waste program, said Feb 4.
(http://www.platts.com/archives.shtml#58549)
To see the past five day's headlines posted on platts.com go to Platts archives
(http://www.platts.com/archives.shtml)
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unsubscribed. If you are experiencing problems, email us at [email protected]. | {
"pile_set_name": "Enron Emails"
} |
Note the discussion on market share halfway through the article.
Top Gas Gorillas Show Strong Volume Growth
The year 2000 was a banner year for the top players in gas marketing, with
huge increases in gas prices, enormous volatility, continuing growth in sales
volumes and major potential for profits. Physical gas sales volumes for the
top 20 marketers in NGI's ranking grew 17% to nearly 150 Bcf/d, and profits
among the larger players came in very strong with companies such as Williams
reporting 2,000% profit increases in their energy merchant segments.
However, for many of the smaller players it was a tough year. "The big news
here is probably the price pressure the marketers have had to withstand,"
said Ben Schlesinger, president of Maryland-based consulting firm Schlesinger
and Associates, which tracks energy marketing. "These people have price
exposure on both sides of their business: the buy side and sell side. They've
actively sought to hedge these risks, but there's no question that there have
been some real stresses in their businesses as a result of quadrupling gas
prices in 2000."
Significant shuffling has begun to take place and will continue, not just
among the leadership but among the whole roster of 500 marketing companies,
predicted Schlesinger. "For the first time I'm not sure all 500 will make it
because of the price volatility, and the stresses that it creates on their
balance sheets and their ability to meet the different needs of their
customers." If you are on the wrong side of a transaction these days in
California, you are going to suffer significantly. It's not much different at
the Henry Hub either, he noted. The harsh reality is that only the strong
will survive.
Ronald J. Barone of UBS Warburg believes the California energy crisis and
fears of lack of gas supply and capacity are driving customers to the
strongest marketers. "I think that over the long term it will be a positive
for the bigger players, such as Enron. Customers want to go with somebody who
is big, has facilities, somebody who is going to guarantee it, somebody who
can do risk management for them. Enron is the 800-pound gorilla here."
Enron has been the 800-pound gorilla in gas marketing for years but there
were always plenty of 750-pound gorillas around. Last year, however, Enron
found a way to trade natural gas over the Internet and at last glance was
well over 1,600 pounds, more than double the size of its next closest rival
gorilla, Duke Energy. Enron sold 23.8 Bcf/d of gas last year compared to only
13.3 Bcf/d the year prior and compared to the 11.9 Bcf/d sold by Duke Energy,
which came in second place in NGI's ranking of gas marketers by physical
sales volume.
Enron catapulted itself to the next level with the help of its handy new
tool, EnronOnline, its web-based proprietary energy and commodity trading
system that now handles about 3,000 mainly natural gas transactions each day.
In 2000, Enron completed its first full year of deploying EnronOnline, which
quickly became the world's largest web-based e-commerce site. During the
year, Enron executed 548,000 transactions online with 3,000 customers,
totaling $336 billion of gross value.
The tremendous success of EnronOnline led many observers to wonder whether
market concentration was beginning to take place in the industry. When you
look at Enron's massive increase in wholesale transactions you have to wonder
about that concentration. Enron's 23.8 Bcf/d is pretty large (35%) when
compared with the 69 Bcf/d that is actually consumed in North America. But
you have to factor in multiple trades --- one marketer trades a given
molecule of gas to another marketer and so on. According to Schlesinger, the
so-called "churning factor" is close to three.
"In the past several years when we've been polling marketers, we got numbers
(in 1999) that came to about 60 Tcf. We added up all the physical sales by
all the marketing companies. We did not have 100% response in our survey ---
some of the mid-sized and smaller companies didn't respond. We reasonably
extrapolated that about 65 Tcf, maybe even 70 Tcf of gas was traded each year
in North America. Physical consumption in North America is about 25 Tcf so 70
divided by 25 is about 2.8."
Using that calculation, Enron with 23.8 Bcf/d of physical gas sales in 2000
ends up with a not unreasonable 12% market share. When the Federal Trade
Commission looks at markets and market share, it uses several tools, one of
which is the Herschman-Herfindahl Index, a measure of market concentration.
It's the sum of the squares of the market share of each participant. If one
company owns the entire 100% of the market, that's an HHI of 10,000.
The Department of Justice has been using 1,800 as a red flag when it
considers approval of mergers and acquisitions. According to Schlesinger, the
total gas industry has an HHI of only about 200, way below any suggestion of
market concentration.
"It's so low that it's unbelievable. It's a highly competitive business. Even
if one competitor has 12% of the market (HHI of 144) and the next competitor
has 6% and on down, it certainly doesn't send up any red flags," he said. "It
could be that market concentration in the gas industry has risen a bit in
2000, but this information alone would not diminish the fact that the
industry is one of the most competitive businesses in the United States.
However, there may be some regional issues we have to think about," he added.
"We haven't looked at that, so I can't comment on whether anyone has undue
market power in a particular region or state, for example."
There is a snowball effect going on among the top marketers. The leaders keep
getting larger. Volume growth averages at least 10% per year or more. Several
factors should fuel future growth. Price increases, volatility and
uncertainty of supplies are driving buyers to the larger marketers, according
to both Schlesinger and Barone. Online trading has become a new springboard
for additional growth by allowing greater efficiency and many more trades to
take place.
Schlesinger said he believes electronic trading was responsible for a good
part the 17% increase in volumes. Enron attributed much of its growth to the
online business.
According to some observers, online trading still has plenty of room to grow.
Altra Energy CEO Paul Bourke believes about 30% of all gas trading now takes
place over the Internet. Bourke said Altra had 8,000 natural gas trades on
its system in December.
However Barone predicts there eventually will be a slowdown in gas marketing
growth in the United States as international energy markets grab the
attention of many marketers. "International should pick up the slack and
contribute increasingly to the bottom line," he said. Barone also expects the
current market situation and the continued interest in service, supply and
commodity versatility to continue driving marketing companies together. "I
think size, scope and scale are incredibly significant."
Only one of the top 20 major marketers last year resulted from the
combination of two separate predecessors: Axia, which grew out of the
combination of Koch Energy and Entergy. The rest of the group achieved its
growth without major acquisitions or mergers.
Thirteen out of the 20 top marketers showed double- or triple-digit volume
growth with only two companies in the minus column. PG&E had the largest
volume deterioration of any of the large marketers with a 40.1% decline in
annual volumes and a 42% decline in quarterly volumes. PG&E went through a
significant reorganization last year. The move of its National Energy Group
(NEG) to Bethesda, MD, from Houston, had the greatest impact on its trading
activity. But the company also sold its energy services business and its
Texas gas transmission assets among other changes. "It really slowed down our
trading [and] a large number of people stayed behind in Houston," said
company spokesman Patrick Hurston. At the time of the move, the company
estimated about half, or 100, would make the move. Hurston wouldn't say how
many actually made the trip, but the company is still actively hiring.
TransCanada, which also underwent a massive reorganization last year, was the
other company in the minus column with a 3% decline in sales volume.
The remainder of the group experienced large increases in volumes: Enron at
94%, Duke with 15% growth, Sempra with 51% and BP Amoco with 100% growth. | {
"pile_set_name": "Enron Emails"
} |
A few items to clarify:
(1) Does Seung-Taek Oh trade for Enron Credit Inc. or Enron Credit Limited?
(2) None of the Enron Credit Inc. traders are authorized to trade for ENA .
ENA could execute a trade and back it to Enron Credit Inc. (is this your
reference to a "Borrowing Agreement"?)
(3) I am not aware that Enron Credit Inc. is even negotiating masters with
Swiss Re or FUNB. I had heard that Enron Credit Limited was interested in
negotiating with FUNB.
Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
[email protected]
Guenther Klar/Enron@EUEnronXGate
05/18/2001 07:17 AM
To: Sara Shackleton/HOU/ECT@ECT
cc: Janine Juggins/ENRON@EUEnronXGate
Subject: RE: ENA credit derivative transaction
Sara
Not sure how much I can add on this other than a little background, of which
you may already be aware.
Enron Credit has a trader in Houston. His name is Seung-Taek Oh. In respect
of two of Enron Credit's counterparties, First Union and Swiss Re, Seung-Taek
trades in the name of ENA, because ENA has ISDAs with these counterparties.
I had always understood that this was a intended to be a temporary fix while
Enron Credit Inc was concluding its own ISDAs with these counterparties. No
other traders, and in particular no London-based traders, trade with these
counterparties in the name of ENA.
The particular trade you mention was executed in Houston by Seung-Taek. I
had always understood that Seung-Taek had authority to trade in ENA's name.
It may be worth following up with Jeff Kinneman on this point.
In terms of giving you the full picture, the following may be useful.
Enron Credit is sending a new trader out to Houston. His name is Nick
Stephan. I imagine he will want to trade with First Union and Swiss Re in
the name of ENA until Enron Credit Inc's ISDAs are concluded.
Denis O'Connell and I have been talking about drafting an ISDA borrowing
agreement between ENA and Enron Credit Inc. We'll send a draft through to
you.
Enron Credit's originator in New York, Bridget Fraser, is talking to a few
counterparties that want to trade both credit derivatives and commodities.
The issue we're having to deal with is which Enron entity should face
counterparties for multi-product ISDAs. Barrick Gold is the only live one.
I've been keeping Steve Douglas in the loop on the ENA tax side. Ed Cooper
has been involved on the Enron Credit legal side - you may want to contact
him.
Trust this is of use - feel free to give me a call.
Kind regards
Guenther
-----Original Message-----
From: Juggins, Janine
Sent: 17 May 2001 18:08
To: Klar, Guenther
Cc: Shackleton, Sara
Subject: FW: ENA credit derivative transaction
Sara,
I think Guenther may have been involved in this transaction. He is out of the
office today but back tomorrow and will follow up with you directly. I will
be in Houston next week so may stop by to say hello.
Regards
Janine
-----Original Message-----
From: Shackleton, Sara
Sent: 17 May 2001 17:21
To: Juggins, Janine
Subject: ENA credit derivative transaction
Janine:
First Union National Bank ("FUNB") entered into a credit derivative trade
with ENA effective 20 April 2001 (our trader was a London trader). Although
ENA has a Master ISDA Agreement with FUNB (the "ISDA"), this does not appear
to be the impetus for the booking since the confirm didn't reference the ISDA.
Is ENA alright confirming trades in this manner?
Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
[email protected] | {
"pile_set_name": "Enron Emails"
} |
What is the time frame these units need to be down. There are no postings for volume deductions. Please someone give me
some ideas.
Thanks Ds
From: Kenneth Young 05/30/2001 11:43 PM
To: Randy Johnson/ECF/Enron@ENRON, Matt Francis/ET&S/Enron@ENRON, Kent Beebe/ET&S/Enron@ENRON, Jonny Hendricks/ET&S/Enron@ENRON, Ronnie Morse/ET&S/Enron@ENRON, David Carbajal/ET&S/Enron@ENRON, Ralph Mireles/ET&S/Enron@ENRON, Team Kingman-Sta1/ET&S/Enron@ENRON, Team Flagstaff-Sta2/ET&S/Enron@ENRON, Team Flagstaff-Sta3/ET&S/Enron@ENRON, Team Gallup-Sta4/ET&S/Enron@ENRON, Ben Asante/ET&S/Enron@ENRON, Jerry Graves/ET&S/Enron@ENRON, Darrell Schoolcraft/ET&S/Enron@ENRON, Steve SanMiguel/ET&S/Enron@ENRON, Stoney Buchanan/ET&S/Enron@ENRON, Steve SanMiguel/ET&S/Enron@ENRON
cc: Gary Maestas/OTS/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON, Rick Smith/ET&S/Enron@ENRON
Subject: TW 1090 Project - Stations 1-4
Attached is a project schedule for the month of June indicating station outages and further defining project needs for Power Services personnel. The letters like S1, S2,... indicate location of each person. This is a tentative schedule and and personnel and purpose is subject to change depending on information gathered by Analysts.
Unit 401 outage scheduled on June 6th requires that unit to be down for some time. Analysis performed last Thursday indicates there are unloaders that are definitely not operating or leaking significantly. Presently, it is unknown what kind of problems will be uncovered on inspection of the unloaders. Information on the malfunctioning unloaders will be distributed as soon as inspections are completed Wednesday.
Should there be any questions, please call me on my cell phone: 806-886-8105
Thanks
Ken N Young | {
"pile_set_name": "Enron Emails"
} |
AGA for 10/13/00 is 29 | {
"pile_set_name": "Enron Emails"
} |
Your review and approval of the following product type in the EOL Data manager is needed (for directions on approval, please see steps for approval at the bottom of this e-mail). Please do not approve before 11 A.M.
US Gas Phy Fwd Firm < or = 1Mo (INTERNAL ONLY) (2200)
US Gas Phy ANG Kingsgate USD/MM
A US Gas Transaction with Enron North America Corp., under which Seller shall sell and Buyer shall purchase a quantity of natural gas equal to the Daily Contract Quantity at the Contract Price on a firm basis. The Contract Price shall be as submitted by Counterparty via the Website. The Period of Delivery shall be from the Effective Date through the Termination Date.
The term of the Transaction shall correspond to the date(s) set forth in the Product description on the Website. The transaction is for delivery at the interconnect between TransCanada PipeLines Limited ("TCPL") and PG&E Gas Transmission, Northwest ("PG&E") at Alberta Natural Gas Kingsgate, British Columbia ("Kingsgate"), on the Canadian side of the international border.
The price is quoted in US Dollars per unit of volume, which will be the Contractual Currency.The unit of measure against which the price is quoted shall be millions of British thermal units and the quantity shown shall be in millions of BTUs per day.
STEPS FOR APPROVAL:
click the START button
select PROGRAMS
select TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
PROCEED WITH USUAL LOGIN/PASSWORD
click the Enron Online Production Cluster "START" button
select EnronOnLine (this is the EOL Datamanager)
PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up
TO APPROVE: Right mouse click on "Approved"
Regards,
Charlie Hoang
EnronOnline
Phone: 713-853-0564 | {
"pile_set_name": "Enron Emails"
} |
Emma,
Here is the file.
Vince | {
"pile_set_name": "Enron Emails"
} |
Naveen,
as we discussed yesterday, I would like to see the results of Components VAR
testing.
I got some from Sunil today for AGG-GAS.
In addition if you can send me Component Var results for NG-PRICE for some
date,
as well as NG positions, forward price curve, forward volatility curve for
NG-PRICE-PRC for that
same date, I can verify the numbers.
Thank you,
Tanya. | {
"pile_set_name": "Enron Emails"
} |
Gerald,
Thanks for your e-mail. I made some changes to the Product Description so it
can fit into EnronOnline structure and have flexibility for future different
Pipelines/locations/dates, please take a look and let me know your thoughts.
We will like to meet with you to discuss it so we can start creating some
products on Test. Please let me know if you have some time this morning.
Thanks!
Carlos
x5-8705 | {
"pile_set_name": "Enron Emails"
} |
John and Michael would like to put together training for London-based traders
on the "dos and don'ts" of using recorded telephone lines - As part of this
we're listening to tapes to pick up on some "don'ts" (eg racist comments,
harrassment, breach of SFA rules etc) which we can possibly use as case
studies (you'll be pleased to hear that so far we haven't found anything of
this nature!).
Have you given any training on this subject to traders in Houston? Any
materials you may have used or thoughts you have on this would be very much
appreciated. Thanks a lot.
Paul | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/02/2001
01:56 PM ---------------------------
"John D. Martin" <[email protected]> on 02/02/2001 01:39:17 PM
To: [email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], [email protected],
[email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], [email protected]
cc:
Subject: Reminder
Good afternoon,
I just want to give you a reminder about the one-page questionnaire
regarding arrival and departure times for the workshop. Your responses
will make planning a bit easier on this end. Also, please get me your
"one-page" background statement as soon as possible. I am attaching
Michael Froehl's to give you some guidance (thanks Michael, I thought I was
going to have to prepare mine first).
Let me also tell you that the television producer has requested 15 minutes
of each of your time either the morning of the 23rd before the luncheon or
after the workshops to do individual interviews. They will then work these
individual shots into the final edited program (bring your best TV smiles).
By the way, I have been assured by the producer that we have final say
over whether particular comments are edited in or out of the final product
so we can all relax, this is not live TV.
I'll be out of town the end of next week but hope to have all my plans put
together the following week so please respond to both the questionnaire and
the request for a one-page background/positions/ideas write-up.
Thanks guys and I'm looking forward to seeing you all very soon.
John
p.s. In case you've misplaced it I have appended a copy of the questionnaire.
- Waco_background_MF.doc
- Questionnaire.doc
John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
[email protected]
web: http://hsb.baylor.edu/html/martinj/home.html | {
"pile_set_name": "Enron Emails"
} |
----- Original Message -----
From: Peter M. Kelly
Sent: Wednesday, February 13, 2002 4:21 PM
To: Feder1, Todd; CharlesJeremiah
Subject: Fw: David's Valentine
> >>> >Where is the Love?
> >>> >
> >>> >Little David comes home from first grade and tells his father that
> >>> >they
> >>> >learned about the history of Valentine's Day. "Since Valentine's
day
> >>> >is
> >>> >for a Christian saint and we're Jewish," he asks, "will God get mad
> >>> >at
> >>> >me for giving someone a valentine?"
> >>> >David's father thinks a bit, then says "No, I don't think God would
> >>> >get
> >>> >mad.
> >>> >Who do you want to give a valentine to?"
> >>> >"Osama Bin Laden," David says.
> >>> >"Why Osama Bin Laden," his father asks in shock.
> >>> >"Well," David says, "I thought that if a little American Jewish boy
> >>> >could have enough love to give Osama a valentine, he might start to
> >>> >think that
> >>> >maybe we're not all bad, and maybe start loving people a little
bit.
> >>> >And if other kids saw what I did and sent valentines to Osama, he'd
> >>> >love
> >>> >everyone a lot. And then he'd start going all over the place to
tell
> >>> >everyone how much he loved them and how he didn't hate anyone
> >>> >anymore."
> >>> >His father's heart swells and he looks at his boy with newfound
> >>> >pride.
> >>> >"David, that's the most wonderful thing I've ever heard."
> >>> >"I know," David says, "and once that gets him out in the open, the
> >>> >Marines could blow the shit out of him."
> >>>
> >>
> >>
> >
>
>
> | {
"pile_set_name": "Enron Emails"
} |
Please print and file tx rick
---------------------- Forwarded by Rick Buy/HOU/ECT on 01/30/2001 09:45 AM
---------------------------
From: Sheila Walton 01/30/2001 09:05 AM
To: Rick Buy/HOU/ECT@ECT
cc:
Subject: RE: Investigation Research
For your peace of mind.
sheila
---------------------- Forwarded by Sheila Walton/HOU/ECT on 01/30/2001 09:03
AM ---------------------------
From: Robert Howes/ENRON@enronXgate on 01/30/2001 08:27 AM
To: Sheila Walton/HOU/ECT@ECT
cc: Roberto Deleon/ENRON@enronXgate, Matthew Ahern/ENRON@enronXgate
Subject: RE: Investigation Research
We will save this for our records.
Thanks,
Robert Howes
Sr. Security Specialist
IT Security and Controls
Work 713-345-3423
Fax 713-646-3010
Email mailto:[email protected]
2Way Pager mailto:[email protected]
-----Original Message-----
From: Walton, Sheila
Sent: Tuesday, January 30, 2001 12:31 AM
To: Howes, Robert; Ahern, Matthew
Cc: Deleon, Roberto; Buy, Rick
Subject: Investigation Research
Importance: High
Sensitivity: Confidential
Rick Buy, the Business Unit Head for the RAC group, and I logged onto his
computer on Friday, January 26, 2001 to review information for an
investigation on one of his employees. We logged on at 3:01 PM and logged
off at 3:15 PM. Please make certain that the records reflect this
investigative effort so Mr. Buy's name does not come up in a random search
for accessing inappropriate websites. If you have any questions, please call
me at Ext 30649. Thank you.
Sheila Walton
HR Director | {
"pile_set_name": "Enron Emails"
} |
That's why we love you. | {
"pile_set_name": "Enron Emails"
} |
?
- TEEF.JPG | {
"pile_set_name": "Enron Emails"
} |
----- Forwarded by Tana Jones/HOU/ECT on 08/29/2000 04:14 PM -----
Bradley Diebner
08/29/2000 03:57 PM
To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Cynthia
Clark/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Enron Europe Global
Contracts and Facilities, Enron Europe Global CounterParty, Stephanie
Sever/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT, Stacey
Richardson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON,
Claudia Clark/HOU/ECT@ECT
cc:
Subject: EOL Credit Responses 08/29/00
The EOL approvals for 08/29/00 are attached below.
Regards,
bd | {
"pile_set_name": "Enron Emails"
} |
Joe is working with the Governor's office and so should go on that list, not
the sellers list.
---------------------- Forwarded by Steven J Kean/NA/Enron on 05/15/2001
06:58 PM ---------------------------
"Joseph S. Fichera" <[email protected]> on 05/15/2001 01:37:52 PM
To: [email protected]
cc:
Subject: Fwd: GENERATOR ORGANIZATION
Date: Mon, 14 May 2001 21:43:25 -0400
To: [email protected]
From: "Joseph S. Fichera" <[email protected]>
Subject: GENERATOR ORGANIZATION
Good meeting you. Sorry not to get this to you sooner. See below.
Please use two e-mail addresses:
[email protected] (NY)
[email protected] (Sacramento)
PHONE NUMBERS BELOW...
joe
______________________________________________________________
Corporate Contact Information
Joseph S. Fichera
Senior Managing Director & CEO
Saber Partners, LLC
44 Wall Street, 12th Floor
New York, NY 10005
TEL: 212-461-2370
FAX: 212-461-2371
Web Site: http://www.saberpartners.com
______________________________________________________________
Corporate Contact Information
Joseph S. Fichera
Senior Managing Director & CEO
Saber Partners, LLC
44 Wall Street, 12th Floor
New York, NY 10005
TEL: 212-461-2370
FAX: 212-461-2371
Web Site: http://www.saberpartners.com | {
"pile_set_name": "Enron Emails"
} |
Dear Friend:
The 3rd annual Forbes-Milken Institute Best Places Ranking was released today, showing what cities are the best for business and careers.
What city do you think is number one this year? Well, just go to http://www.milkeninstitute.org or http://www.forbes.com/bestplaces to find out.
This annual ranking of the top 200 metropolitan areas in the United States (with a separate ranking for 94 small metros) looks at which metros are the most dynamic based on jobs and earnings growth, and high-technology growth and output.
All of the numbers were provided by the Institute's Regional and Demographic Studies group as part of its ongoing research into how high-tech impacts regional economies.
If you have any questions about the Forbes-Milken Institute ranking, or if you wish more information about the Institute or the high-tech work of the Regional Studies group, please contact us at (310) 998-2600.
We hope this is of interest to you.
THE MILKEN INSTITUTE
If you do not wish further news and information from the Milken Institute, just reply to this e-mail or e-mail [email protected] <mailto:[email protected] > and ask to be taken off of our mailing list. | {
"pile_set_name": "Enron Emails"
} |
**********BREAKING NEWS**********
from STOCKFIRST and TheInvestorOnline
www.stockfirst.com
www.theinvestoronline.com
_____________________________________
Stockgroup Partners With North American Quotations
NAQ Signs Agreement to Resell Stockgroup's Financial Software
and Content System
Stockgroup Information Systems Inc. (OTCBB:SWEB), a financial
media and technology company, and North American Quotations
Inc., a leading market data provider, announces the signing of a
resellers agreement.
Under the agreement NAQ will be an authorized reseller of
Stockgroup's financial software and content system. Stockgroup
provides more than 25 proprietary software objects including
real-time quotes, delayed quotes, stock charts, interactive java
charts, technical analysis, technical charts, mutual funds tools,
position-based portfolio managers, stock watch lists, intraday market
indices, stock screeners and many other tools.
The Stockgroup financial tools solutions include NAQ supplied data
on all North American exchanges and include information from
their proprietary database of 21,000 public traded companies. The
Stockgroup modular solutions are available as fully hosted solutions,
via XML or in a client-side format, which reside on the customer's
servers using application interface protocols.
NAQ's data feed customers are primarily brokerage firms, web site
operators and web developers, in addition to retail investor
customers for the NAQ real time trader service.
``NAQ has been an outstanding supplier to Stockgroup and our
companies have been great partners for years. We are excited about
our new agreement where we can combine our software and NAQ's
data feed to provide NAQ's customers with a completely integrated
financial information solution,'' stated Marcus New, CEO of
Stockgroup.
``We are excited to be working with Stockgroup,'' stated Carole
Olkowski, CFO of NAQ. ``Not only are we providing sophisticated
financial decision-making tools to our customers, Stockgroup also
offered our clients the best, most cost-effective solution in the
marketplace. They have done a tremendous job working with our
data feed.''
In addition to the reseller agreement, Stockgroup will market NAQ's
Real Time Trader Professional investor application through
Stockgroup's smallcapcenter.com investment research community.
_____________________________________
About NAQ
NAQ, Inc. is a privately held corporation formed in 1982. In 2001,
NAQ converted all its data sources to direct Exchange Feeds at its
Ticker Plant in London, On, Canada. NAQ provides
State-of-the-art wholesale data feeds for the financial industry. NAQ
also markets Real Time Trader Professional for Real-time streaming
data and top of the line analysis and charting for individual and
professional investors. NAQ now carries over 600,000 symbols in
its database in real-time.
About Stockgroup
Stockgroup Information Systems Inc. is a financial media and
technology company. It is a leading provider of private labeled
financial content and software solutions to media, corporate, and
financial services companies. Stockgroup employs proprietary
technologies which enable its clients to provide financial data
streams and news combined with cutting edge fundamental,
technical, productivity, and disclosure tools to their customers,
shareholders, and employees at a fraction of the cost of traditional
internal methods. Stockgroup is also a provider of Internet
communications products for publicly traded companies. Its
financial web site www.smallcapcenter.com is a state of the art
online research center for the investment community. To find out
more about Stockgroup (OTCBB:SWEB), visit our website at
www.stockgroup.com
_____________________________________
Contact:
Stockgroup Information Systems Inc.
Rob Attwell, 800/650-1211
[email protected]
or
NAQ, Inc.
Carole Olkowski, 800/465-4300
Visit the Company Website at www.stockgroup.com and go to
www.theinvestoronline.com/research/sweb092501.htm to see
TheInvestorOnline Research Report.
_____________________________________
This release contains ``forward looking statements'' within the
meaning of Section 27A of the Securities Act of 1933 and Section
21B of the Securities Exchange Act of 1934. Any statements that
express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, goals,
assumptions or future events or performance are not statements of
historical fact and may be ``forward looking statements.'' Forward
looking statements are based on expectations, estimates and
projections at the time the statements are made that involve a
number of risks and uncertainties which could cause actual results or
events to differ materially from those presently anticipated. Forward
looking statements in this action may be identified through the use
of words such as ``expects'', ``will,'' ``anticipates,'' ``estimates,''
``believes,'' or statements indicating certain actions ``may,'' ``could,''
or ``might'' occur.
_____________________________________
IMPORTANT DISCLAIMER
TheInvestorOnline is an independent electronic publication
providing information on selected public companies.
Any company profiled by TheInvestorOnline pays cash or stock
consideration for the electronic dissemination of the company's
information for a specified time period and/or our comments about
the company and/or our development of the company's website.
Section 17(b) of the Securities Act of 1933 requires that
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No information contained in our website or our publications should
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TheInvestorOnline is not a registered investment advisor or a
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Moreover, TheInvestorOnline does not endorse, independently
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regarding the company or the date of the profiled company press
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The information contained in our website and publications may
pertain to small cap and/or thinly traded securities which by their
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TheInvestorOnline may liquidate the stock consideration it receives
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The following companies have paid, or have agreed to pay the
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You are currently subscribed to stockfirst as: [email protected]
To unsubscribe send a blank email to [email protected] | {
"pile_set_name": "Enron Emails"
} |
Rick, thanks for seeing me individually on Friday.
There has not yet been any announcement for EBS. I welcome my new reporting
to Sue Nord, but I would like to see some kind of official note on the new
structure. I would like to know what my budget for Europe is and what the new
procedures are for contracting outside counsels, or consultants.
As you may know, I have recently expressed interest with Anthony Duenner for
the vacant position with EBS Singapore. This mainly because there are more
challenging regulatory issues at hand in the Asia/Pacific region and I have
been able to familiarize myself with some of them, whereas in Europe this is
not the case.
However, there are also some opportunities here, namely supporting Paul
Hennemeyer on a part time basis. This mainly because my previous experience
as competition lawyer might enable me to co-manage some of the court
procedures currently pending. The recruitment for a German person with legal
training only failed recently.
I am basically open to pursue either opportunity, depending on what the
company wants to me to do. My current job is for EBS Europe is not any longer
a full time position, since I have secured all necessary licenses and our
business is widely deregulated.
I copy Sue since I want this to be as transparent as possible & due to
extensive travelling we have not been able to speak. | {
"pile_set_name": "Enron Emails"
} |
Heather,
Did you attach the file to this email?
-----Original Message-----
From: Dunton, Heather
Sent: Wednesday, December 05, 2001 1:43 PM
To: Allen, Phillip K.; Belden, Tim
Subject: FW: West Position
Attached is the Delta position for 1/16, 1/30, 6/19, 7/13, 9/21
-----Original Message-----
From: Allen, Phillip K.
Sent: Wednesday, December 05, 2001 6:41 AM
To: Dunton, Heather
Subject: RE: West Position
Heather,
This is exactly what we need. Would it possible to add the prior day for each of the dates below to the pivot table. In order to validate the curve shift on the dates below we also need the prior days ending positions.
Thank you,
Phillip Allen
-----Original Message-----
From: Dunton, Heather
Sent: Tuesday, December 04, 2001 3:12 PM
To: Belden, Tim; Allen, Phillip K.
Cc: Driscoll, Michael M.
Subject: West Position
Attached is the Delta position for 1/18, 1/31, 6/20, 7/16, 9/24
<< File: west_delta_pos.xls >>
Let me know if you have any questions.
Heather | {
"pile_set_name": "Enron Emails"
} |
Daren,
Deal 351653 is set up for 20,000mmbtu purchase from Duke at meter 981040 on
HPL, but the actuals on CENT show a volume of 19,606 mmbtu at meter 77455 on
8/2/00 with no deal set up. Should this sale to Mobil have taken place on
CENT instead of HPL? | {
"pile_set_name": "Enron Emails"
} |
Another Division
Mark,
Global Counterparty wants me to approve this EOL counterparty which is a
division. My deal with the EOL team was that they would kick these
counterparties back and try to get the legal incorporated entity as part of
the name. Global Counterparty is satisfied opening counterparties up as
divisions and I am getting frustrated constantly fighting this battle. Do
you wish to intercede, or shall I give up and let counterparties be opened as
divisions? Do you want to call a meeting with Sam's boss to discuss
divisions? What to do?
----- Forwarded by Tana Jones/HOU/ECT on 03/28/2001 03:39 PM -----
Samuel Schott
03/28/2001 01:09 PM
To: Tana Jones/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT
cc: Walter Guidroz/Enron@EnronXGate, Tom Moran/Enron@EnronXGate, Lisa
Lees/HOU/ECT@ECT, Marilyn Colbert/HOU/ECT@ECT, Cheryl Johnson/Corp/Enron@Enron
Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response -
CP/ID 94330, Cargill Ferrous International
FYI...
Cargill Ferrous International is setup correctly in the Global Counterparty
System as a Division of Cargill, Inc.
Cargill Ferrous International is the full name of this division and setup as
such in GCP with a Sub-to-Legal Link
to Cargill, Inc. per GCP procedure.
Also, the Global SAP team (Cheryl Johnson) would need Legal Name Change
documentation from the Counterparty
in order to change this name.
Best Rgds.
Samuel x3-9890 (GCP)
Enron Net Works _ Global Data Management
From: Tana Jones on 03/28/2001 09:47 AM
To: Samuel Schott/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT
cc:
Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response
Any updates on adding the correct legal name to this counterparty name?
---------------------- Forwarded by Samuel Schott/HOU/ECT on 03/28/2001 12:53
PM ---------------------------
From: Samuel Schott 03/23/2001 11:25 AM
To: Stephanie Sever/HOU/ECT@ECT
cc: Tana Jones/HOU/ECT@ECT, Walter Guidroz/NA/Enron, Tom
Moran/Enron@EnronXGate, Lisa Lees/HOU/ECT@ECT, Marilyn Colbert/HOU/ECT@ECT
Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response
Hello,
Yes, GCP provides the links to establish the correlation between the parent
and child for our downstream systems.
GCP procedure is to create Counterparty names that reflect either the
Tradename / Division name or Parent Name - - not both simultaneously.
(Although, we have broken that rule for Legal in the past.) This defeats the
purpose of using a Tradename.
Best Rgds.
Samuel
From: Stephanie Sever
03/23/2001 10:21 AM
To: Tana Jones/HOU/ECT@ECT
cc: Samuel Schott/HOU/ECT@ECT, Walter Guidroz/NA/Enron, Tom
Moran/Enron@EnronXGate, Lisa Lees/HOU/ECT@ECT
Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response
Tana,
Please review the process below:
With divisions, EOL does request a new Password Application for the
applicant reflecting the name as you noted below. When the company is set up
in the EOL database we link the company to the Parent and reference the CP
ID. Sam, please confirm, Global Counterparty also provides the links to
establish correlation between the parent and child for our downstream systems.
Let me know if this is the appropriate steps that you would like to see.
Thanks,
Stephanie
From: Tana Jones on 03/22/2001 06:03 PM
To: Samuel Schott/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT
cc: Walter Guidroz/Enron@EnronXGate, Tom Moran/Enron@EnronXGate
Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response
Sam & Stephanie,
Re: Cargill Ferrous International
It was my understanding with the EOL Team that all divisions would have the
legal incorporated entity as part of the name. Stephanie, I my preference is
to kick their Password Application back and get them to change it to read
something like "Cargill Ferrous International, a division of Cargill, Inc."
or "Cargill, Inc. acting through its Cargill Ferrous International Division".
Samuel Schott
03/21/2001 01:58 PM
To: Walter Guidroz/ENRON@enronXgate @ ENRON, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant
Reves/ENRON@enronXgate@ENRON, Debbie R Brackett/HOU/ECT@ECT, David
Hardy/LON/ECT@ECT, Lesli Campbell/ENRON@enronXgate@ENRON, Cynthia
Clark/ENRON@enronXgate@ENRON, Enron Europe Global Contracts and
Facilities@ENRON, Enron Europe Global CounterParty/LON/ECT@ECT, Stephanie
Sever/HOU/ECT@ECT, Tom Moran/ENRON@enronXgate@ENRON, Claudia
Clark/HOU/ECT@ECT, William S Bradford/ENRON@enronXgate@ENRON, Lisa
Lees/HOU/ECT@ECT, Juana Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron,
Trang Le/HOU/ECT@ECT, Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim
Davies/LON/ECT@ECT, Karen O'Day/NA/Enron@Enron, Tanya
Rohauer/ENRON@enronXgate@ENRON, Kelly Lombardi/NA/Enron@Enron, Brian
Lindsay/Enron Communications@Enron Communications@ENRON, EOL Call
Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Amy
Heffernan/Enron Communications@Enron Communications@ENRON, Molly LaFuze/Enron
Communications@Enron Communications@ENRON, Danny Clark/Enron
Communications@Enron Communications@ENRON
cc:
Subject: Re: EOL approvals, 3-20-01 _ GCP (US) Response
Any GCP adjustments will be highlighted in red.
Attn. GCP_London:
There's a new EOL Counterparty listed in the UK. Please respond.
Best Rgds.
Samuel x3-9890
ENW_GCP
From: Walter Guidroz/ENRON@enronXgate on 03/20/2001 05:30 PM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global Contracts and Facilities@ENRON, Enron Europe Global
CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications
cc:
Subject: EOL approvals, 3-20-01
Please see attached. | {
"pile_set_name": "Enron Emails"
} |
John, what did you do with this? Thanks. Lynn
-----Original Message-----
From: Adams, Jean
Sent: Wednesday, December 05, 2001 10:22 PM
To: Blair, Lynn; Bodnar, Michael; Buchanan, John; January, Steve; Kowalke, Terry; Spraggins, Gary; Adams, Jean; Benningfield, Robert; Forbish, Sherry; Greaney, Chris; Hibbard, Scott; Janzen, Randy; Linhart, Joe; McDaniel, Janet; Scurlock, Debra; Sturr, Kathy; Vaughan, Cara; Woodson, Harry
Subject: NOMINATED VS SCHEDULED CHANGES ON NNG FOR DEC 2001
John, I would like to ask ENA to take this little volume to storage for the remainder of the month. It looks stranger every day. What do you think?
Updated 12/5 - ID2
Updated 12/6 - Evening | {
"pile_set_name": "Enron Emails"
} |
Dear Sara,
During the past year, you've used NetstockDirect.com as a way to research or
enroll in a direct stock plan. You know how easy it is to get started with
an automatic investing plan, and why long-term, steady investing is a good
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WE'D LIKE TO GIVE YOU A $50 BONUS TO PROVE OUR POINT
If you are currently investing using a direct stock plan, we will pay you $50
if you open an account and start investing with ShareBuilder. To take
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www.sharebuilder.com/promo/50/en091300.htm, open an account and start a
ShareBuilder investing plan. After your first transaction occurs, we'll
automatically deposit $50 in your account to help you get started. But
please note that this offer expires October 31, 2000.
If you currently have shares in a direct stock plan, you can easily transfer
them to your ShareBuilder account. It will be easier to track your
positions, make changes to your investing plan, keep track of your investment
records and, if you need, sell your shares instantly during market hours. No
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YOU CAN STILL COUNT ON NETSTOCK'S RELIABLE CUSTOMER CARE
I'm sure you will find ShareBuilder to be a much easier way to invest - open
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Plan, please contact our customer care professionals via email at
mailto:[email protected] or call us toll-free at 1-888-NET-STOK
between the hours of 6 AM and 6 PM Pacific Time, Monday through Friday.
Sincerely,
Jeff Seely
President and CEO
Netstock Corporation
P.S. You are receiving this email because you have a Netstock Direct Account.
You may unsubscribe, update or change your e-mail preferences, by visiting
the "Account" section of www.netstockdirect.com.
ShareBuilder(tm) is brought to you by Netstock Investment Corporation, a
registered broker-dealer, member of the NASD and SIPC and a subsidiary of
Netstock Direct Corporation. Copyright 1999-2000 Netstock Investment
Corporation. ShareBuilder is a trademark of Netstock Direct Corporation.
Patent Pending.
This email was sent to: [email protected] | {
"pile_set_name": "Enron Emails"
} |
Start Date: 4/4/01; HourAhead hour: 8; No ancillary schedules awarded. No
variances detected.
LOG MESSAGES:
PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040408.txt | {
"pile_set_name": "Enron Emails"
} |
Message sent from the pjm-customer-info mailing list at [email protected]:
> January 12, 2002 - Updates were made to the PJM Manual for Open Access
> Transmission Tariff Accounting (M-27).
> Revised annual reactive revenue requirements listed in Exhibit 3.1 of Section
> 3: Reactive Supply & Voltage Control from Generation Sources Service
> Accounting.
> The PJM Manuals are available in electronic book format and Adobe Acrobat
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Please DO NOT REPLY to this message. If you have a question for PJM Customer
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"pile_set_name": "Enron Emails"
} |
Attached is the Order entered by Judge Moreno today.
Harry A. Olivar, Jr.
Quinn Emanuel Urquhart Oliver & Hedges LLP
865 South Figueroa Street, 10th Floor
Los Angeles, CA 90017
phone: (213) 624-7707
fax: (213) 624-0643
email: [email protected]
website: www.quinnemanuel.com
- ENRON.pdf | {
"pile_set_name": "Enron Emails"
} |
Start Date: 1/18/02; HourAhead hour: 3; HourAhead schedule download failed. Manual intervention required.
LOG MESSAGES:
PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011803.txt
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Error: dbCaps97Data: Cannot perform this operation on a closed database | {
"pile_set_name": "Enron Emails"
} |
After having conducted our first of several business reviews, Enron Global
Markets - Office of the Chairman would like to outline the following
organizational changes effective immediately.
The Global Risk Markets group under Jere Overdyke illustrates enormous
opportunities given the size of those businesses. To better focus on the
different commercial functions and to capture market share and value, the
group is being realigned. Jere will continue to manage Global Risk Markets
and build on our insurance capabilities. Mark Tawney is responsible for our
weather business and will now report to the EGM Office of the Chairman.
Brent Price will be joining Enron Global Markets as Vice President of
Operations and Chief Accounting Officer. He will report to the EGM Office of
the Chairman, and to Sally Beck, Vice President of Global Risk Management
Operations. In his role as Chief Accounting Officer, Brent will also report
to Rick Causey, Executive Vice President and Chief Accounting Officer for
Enron Corp. Reporting to Brent in his new position will be Sheila Glover,
business controller for Financial Products; Todd Hall, business controller
for weather; and Scott Earnest, business controller for global products and
coal. In addition, Tom Myers will join Brent's management team as Director
of Accounting. Brent and his team are responsible for all accounting, risk
reporting and trading operations for all the businesses within EGM.
Cindy Skinner will join the Enron Global Markets team with responsibility for
Human Resources. She will also report to David Oxley and the HR organization.
Please join us in congratulating everyone in their assignments. | {
"pile_set_name": "Enron Emails"
} |
Eric, We are in EB3143c at 10am. Clint is the trader that will be managing
the asset for EPMI so he is going to join us.
Thanks, - Mike | {
"pile_set_name": "Enron Emails"
} |
Nella here is a list of products that we would launch on EOL in NETCO. Assume the the products listed under the Financial heading are launched on day 1 and the the products listed under the Physical heading are launched at a later date. | {
"pile_set_name": "Enron Emails"
} |
Craig -
There was no attachment to your e-mail. Is it coming in hard copy?
Mark
Craig Breslau
06/03/2000 02:58 PM
To: Mark Taylor/HOU/ECT@ECT, John Suttle/HOU/ECT@ECT
cc: George N Gilbert/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT
Subject: Orlando Utilities Commission
Mark, I am forwarding a copy of OUC's ISDA along with a copy of their charter
and their outside legal opinion on their ability to enter into financial
hedges. Could you please assign to the appropriate attorney to work on this
ISDA.
John, I'm not sure if you are the approprite credit person or not to work on
this. They mentioned that they have already exchanged credit information
between OUC and Enron. If you're not the right person, could you please pass
it on.
I would like to push this process along to get an executed ISDA between OUC
and Enron. I believe that they could be a good counterparty for us.
Thanks for your help.
Craig | {
"pile_set_name": "Enron Emails"
} |
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