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---------------------- Forwarded by David W Delainey/HOU/ECT on 11/27/2000
10:11 AM ---------------------------
From: Stephen H Douglas on 11/27/2000 08:03 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Re: 2001 Plan
John Swafford spoke with David Vander in Wes' group last Tuesday and informed
him that, after reviewing matters, the Corp. State and Local Group had
reduced the charge to ENA from $821,000 to $321,000. This reduction goes far
to bringing costs in line with those from last year and, the remainder of the
increase, relates to the expansion of support at Corp. related to the
expansion of ENA's business. Best regards. Steve.
David W Delainey
11/22/2000 03:05 PM
To: Stephen H Douglas/HOU/ECT@ECT
cc:
Subject: Re: 2001 Plan
Steve, what is the status?
Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/22/2000
03:05 PM ---------------------------
From: Stephen H Douglas on 11/13/2000 08:30 PM
To: David W Delainey/HOU/ECT@ECT
cc: Robert Hermann/Corp/Enron@ENRON, Wes Colwell/HOU/ECT@ECT
Subject: Re: 2001 Plan
I spoke with Bob Hermann this afternoon and, in short, the single biggest
contributor to the increase in the corporate tax allocation relates to the
expansion of state and local tax support being provided to our new "business
verticals" - that is, Enron Global Markets, Enron Industrial Markets and
Enron Net Works - which expense should be specifically allocated to such
groups rather than ENA, as is currently the case. I will follow up with you
regarding the revised number after I have resolved the allocation issue.
Best regards. Steve.
David W Delainey
11/10/2000 12:53 PM
To: Robert Hermann/Corp/Enron@ENRON, Stephen H Douglas/HOU/ECT@ECT
cc: Wes Colwell/HOU/ECT@ECT
Subject: 2001 Plan
Guys, I noticed that the corporate tax allocation to ENA has more than
doubled from 2000 forecast to 2001 plan ie) $1,600,000 from $700,000. Could
you please explain. Our goal which is being met in ENA's direct expense
groups is to remain flat year or year from 2000 to 2001.
Regards
Delainey | {
"pile_set_name": "Enron Emails"
} |
And to start off the week.....
California's new State Song! The Rolling Blackout Theme Song
(To the theme music from the TV western "Rawhide")
Rollin', rollin', rollin',
Though the state is golden,
Keep them blackouts rollin', statewide.
A little colder weather,
And we all freeze together,
Wishin' more plants were on the line.
All the things I'm missin',
Like lights and television,
Are waiting 'til we can pay the price.
(Chorus)
Turn 'em on, turn 'em off,
Shut 'em down, block 'em out,
Turn 'em on, turn 'em off, statewide!
Brown 'em out, black 'em out,
Charge 'em more, give 'em less,
Let the pols fix the mess, statewide!
Keep movin', movin', movin',
Though they're disapprovin',
Keep them rates a-movin', statewide.
Don't try to understand 'em,
Just raise, charge, and collect 'em.
Soon we'll be livin' high and wide.
My heart's calculatin',
Nuclear plants will be waitin',
Be waitin' at the end of my ride.
(Chorus)
Turn 'em on, turn 'em off,
Shut 'em down, block 'em out,
Turn 'em on, turn 'em off, statewide!
Brown 'em out, black 'em out,
Charge 'em more, give 'em less,
Let the pols fix the mess, statewide!
STATEWIDE! Hyaah! | {
"pile_set_name": "Enron Emails"
} |
I share Alan's position - irrespective of whatever due diligence has already
been carried out, it will have to be revisited anyway for pulp and paper.
Kind regards
Mark
From: Alan Aronowitz on 21/11/2000 16:39 CST
To: Mark Taylor/HOU/ECT@ECT
cc: Mark Elliott/LON/ECT@ECT, Steve Kim/HOU/ECT@EC, Peter del
Vecchio/HOU/ECT@ECT
Subject: Re: a question
Steve:
I have shared with Peter what information we have collected from previous
trading-related legal surveys we have done in the aforementioned countries,
which surveys are not specific to pulp & paper trading.
Alan
Mark Taylor
11/21/2000 04:13 PM
To: Steve Kim/HOU/ECT@ECT
cc: Mark Elliott/LON/ECT@ECT, Alan Aronowitz/HOU/ECT@ECT
Subject: Re: a question
It's possible that someone in Alan Aronowitz's groups has looked into similar
issues.
Steve Kim
11/20/2000 01:54 PM
To: Mark Taylor/HOU/ECT@ECT, Mark Elliott/LON/ECT@ECT
cc:
Subject: a question
The pulp & paper group is looking into physical trading in the Far East
(mainly Korea, Japan, Taiwan, Singapore). I am looking into any tariff or
taxation issues related to transacting in this region. I've been talking to
Peter DelVecchio and he was in the process of contacting outside help in this
matter but then I realized that some of this work might have been done
already since we trade liquids in that part of the world.
Do either of you know if this information is available internally?
regards
steve | {
"pile_set_name": "Enron Emails"
} |
----- Forwarded by Jeff Dasovich/NA/Enron on 03/13/2001 05:11 PM -----
"Katie Kaplan" <[email protected]>
03/13/2001 03:13 PM
To: "'Andy Brown (E-mail)'" <[email protected]>, "'B Brown Andy (E-mail)'"
<[email protected]>, "'Baker Carolyn (E-mail)'"
<[email protected]>, "'Bob Escalante (E-mail)'"
<[email protected]>, "'Bob Weisenmiller (E-mail)'"
<[email protected]>, "'Curtis Kebler (E-mail)'"
<[email protected]>, "'Douglas Kerner (E-mail)'"
<[email protected]>, "'Greg Blue (E-mail)'" <[email protected]>, "'Jan
Smutny-Jones (E-mail)'" <[email protected]>, "'Jean Munoz (E-mail)'"
<[email protected]>, "'Jeff Dasovich (E-mail)'"
<[email protected]>, "'Joe Ronan (E-mail)'" <[email protected]>, "'John
Larrea (E-mail)'" <[email protected]>, "'John Stout (E-mail)'"
<[email protected]>, "'Julee Malinowski-Ball (E-mail)'"
<[email protected]>, "'Kassandra Gough (E-mail)'" <[email protected]>, "'Katie
Kaplan (E-mail)'" <[email protected]>, "'kent Palmerton (E-mail)'"
<[email protected]>, "'Lynn Lednicky (E-mail)'" <[email protected]>,
"Marie Moretti (E-mail 2)" <[email protected]>, "'Marty Wilson
(E-mail)'" <[email protected]>, "'McNally Ray (E-mail)'"
<[email protected]>, "''Nam Nguyen' (E-mail)'"
<[email protected]>, "'Norton Kelli (E-mail)'"
<[email protected]>, "'Paula Hall-Collins (E-mail)'"
<[email protected]>, "'Pigott Jack (E-mail)'"
<[email protected]>, "'Richard Hyde (E-mail)'" <[email protected]>,
"'Roger Pelote (E-mail)'" <[email protected]>, "'Stephanie-Newell
(E-mail)'" <[email protected]>, "'Sue Mara (E-mail)'"
<[email protected]>, "'Tom Ross (E-mail)'" <[email protected]>, "Tom
Williams (E-mail)" <[email protected]>
cc: "'Alex Sugaoka (E-mail)'" <[email protected]>, "'Bill Carlson
(E-mail)'" <[email protected]>, "'Bill Woods (E-mail)'"
<[email protected]>, "'Bob Ellery (E-mail)'" <[email protected]>, "'Bob
Gates (E-mail)'" <[email protected]>, "'Cody Carter (E-mail)'"
<[email protected]>, "'Curt Hatton (E-mail)'"
<[email protected]>, "'David Parquet'" <[email protected]>,
"'Dean Gosselin (E-mail)'" <[email protected]>, "'Doug Fernley (E-mail)'"
<[email protected]>, "'Duane Nelsen (E-mail)'"
<[email protected]>, "'Ed Tomeo (E-mail)'" <[email protected]>,
"'Eileen Koch (E-mail)'" <[email protected]>, "'Eric Eisenman (E-mail)'"
<[email protected]>, "'Frank DeRosa (E-mail)'"
<[email protected]>, "Frazier Blaylock (E-mail)"
<[email protected]>, "'Hap Boyd (E-mail)'"
<[email protected]>, "'Hawks Jack (E-mail)'" <[email protected]>, "'Jim
Willey (E-mail)'" <[email protected]>, "'Joe Greco (E-mail)'"
<[email protected]>, "'Jonathan Weisgall (E-mail)'"
<[email protected]>, "'Kate Castillo (E-mail)'" <[email protected]>,
"'Kelly Lloyd (E-mail)'" <[email protected]>, "'Ken Hoffman (E-mail)'"
<[email protected]>, "'Kent Fickett (E-mail)'"
<[email protected]>, "'Lynn Lednicky (E-mail)'"
<[email protected]>, "'Marty McFadden (E-mail)'"
<[email protected]>, "'Paula Soos'"
<[email protected]>, "'Randy Hickok (E-mail)'"
<[email protected]>, "Rick S. Koebbe (E-mail)"
<[email protected]>, "'Rob Lamkin (E-mail)'"
<[email protected]>, "'Ross Ain (E-mail)'" <[email protected]>,
"'Steve Iliff'" <[email protected]>, "'Steve Ponder (E-mail)'"
<[email protected]>, "'Tony Wetzel (E-mail)'" <[email protected]>,
"'William Hall (E-mail)'" <[email protected]>
Subject: 39x Opposition
Greetings:
As we discussed on the call IEP will be opposing 39x when it goes to the
floor on Thursday. Please take a minute to look over the below copy and let
me know if there are any glaring issues by 9:00 a.m. on Wednesday. We will
be sending the art out later today.
Let me know if you have any questions.
Thanks!
Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499
____________
Don?t discourage new electricity supply . Oppose SB 39x
SB 39x threatens private investment in new generation at a time when
California faces a serious electricity supply shortage.
Not one major power plant has been built in California for the past ten
years and nearly 2/3 of existing power plants are 30 years or older.
California?s population has grown 16% over the past ten years and the peak
demand for electricity has climbed 15% (33% in the Silicon Valley), power
generation capacity has increased only 2%. (We will be siting this in the
handout)
Currently billions of dollars of private capitol are flowing into California
to bring new supply on-line . improving reliability, protecting air quality
increasing local tax revenues and creating hundreds of high paying jobs.
SB 39x threatens this critically needed investment in supply by imposing yet
one more layer of unneeded regulatory oversight.
Please join the following organizations in opposing SB 39x:
? California Chamber of Commerce
? California Co-generation Council
? California Manufacturing and Technology Association
? Independent Energy Producers Association
? Western States Petroleum Association
Create more electricity supply, not one more layer of unneeded regulatory
oversight . Vote no on SB 39x | {
"pile_set_name": "Enron Emails"
} |
Thank you for your explanation. Often I think too literally and narrowly
and forget about the importance of spin. All the same, I think we should
know if Loretta appreciates the open support of evil industry or not...I'd
say it's worth a call.
E
-----Original Message-----
From: Dasovich, Jeff [mailto:[email protected]]
Sent: Monday, October 22, 2001 1:58 PM
To: Evelyn Kahl
Subject: RE: Angelides Oct. 19th Letter to L. Lynch Urging July 1 DA
Suspension Date
Great question. If you think it would be useful, I can back channel to
Loretta and find out. I'm of the view that this letter is more to
refute Angelides, so that his wild assertions don't go unanswered in the
court of public opinion. Perhaps the letter should be addressed to
Angelides, instead.
On the other hand, I think it is also useful to make it known to the
press and the public that the PUC has the regulatory tools, processes,
etc. necessary to permit customers broad latitude to manage their own
energy needs on the one hand, and ensure that there's not the sort of
massive cost-shifting to which Angelides refers on the other. In the
public's view this has been painted as an either/or issue. Either we end
direct access, or granny faces death and destruction. And that's just
not the case. In fact, I think it can be argued that the scenario
Angelides paints just isn't in the cards, period.
But I may be missing the mark with all this and am open to other views.
Let me know if you'd like me to find out if Loretta thinks the letter
would help her. Could find that out in pretty short order.
Best,
Jeff
-----Original Message-----
From: Evelyn Kahl [mailto:[email protected]]
Sent: Monday, October 22, 2001 3:46 PM
To: Dasovich, Jeff
Subject: RE: Angelides Oct. 19th Letter to L. Lynch Urging July 1 DA
Suspension Date
Has anyone ever stopped to ask Loretta whether the letters are helpful
or not? Two things occur to me. First, it is not becoming for a
commissioner to be taking actions consistent with the urgings of
industry -- particularly if you're a Democrat. Second, it has always
struck me that what she needs is some form of record support, not
political pats on the back in one-page letters. I am asking you these
questions not judging the proposal to send a letter .... but I've never
understood what they're supposed to do for her and I honestly would like
to understand.
E
-----Original Message-----
From: Dasovich, Jeff [mailto:[email protected]]
Sent: Monday, October 22, 2001 11:33 AM
To: Dasovich, Jeff; [email protected]; [email protected];
[email protected]; [email protected]; [email protected];
[email protected]; [email protected]; [email protected];
[email protected]; [email protected]
Subject: RE: Angelides Oct. 19th Letter to L. Lynch Urging July 1 DA
Suspension Date
FYI. Note below that even the mighty and powerful Power Authority's own
crackerjack analysis asserts that there is still a net short (despite
DWR contracts and DA "stampede"), which should leave one to believe
that, contrary to Angelides' letter, the more the DA the better. Which
further supports Loretta Lynch's response to the Angelides' letter that
DA reduces the amount of spot power DWR has to buy.
Best,
Jeff
CONSUMER POWER AND CONSERVATION FINANCING AUTHORITY
Pace of Power Authority Renewable Portfolio Agenda is Slowed
Quite possibly the most significant action taken at the October 19
Consumer Power and Conservation Financing Authority (Power Authority)
was its inaction on contracts proposed for approval. The Power Authority
has aggressively pursued a broad renewable portfolio, with the intent to
approve contracts as soon as possible.
Instead of approving a number of contracts on its October 19 agenda, the
Power Authority deferred calendared decisions on request for bids until
its November 2 meeting, acknowledging that no action can be taken until
the Department of Water Resources (DWR) rate agreement stalemate has
been resolved.
Chairman Freeman stated that the Public Utility Commission's rejection
of the rate agreement has created an obstacle for the Power Authority to
exercise renewable contracts, to contract for peaker generation and/or
to implement demand side programs. The Power Authority relies upon DWR's
credit to fund these programs, and until a rate agreement is finalized
the Power Authority cannot sign contracts.
Freeman indicated that the Power Authority has signed letters of intent
to purchase output from 14 biomass facilities in the Central Valley, as
well as 400 MW generated by wind.
With the Current Glut of Contracts, Why Do We Need Additional Reserves?
Kellan Flukinger, Senior Advisor to Chairman Freeman and Laura Doll,
provided a detailed presentation explaining why he believes the Power
Authority must contract for additional renewable and peaking generation.
Flukinger believes that despite direct access and the current glut of
electricity supplied in long-term contracts, there still appears to be a
net short of a few thousand megawatts within the State.
Flukinger concluded that the State still is at the mercy of electric
generators who are not subject to PUC regulatory authority and who have
no real obligation to build and maintain new facilities or to serve
customers within the State. He believes that the short-term contracts
and spot purchases leave the state vulnerable to price-spikes and supply
shortages. He believes that the reserve can be managed through
Time-of-Use and Real-Time-Pricing, conservation, interruptibles, demand
side management, renewables and peakers.
Power Authority Names William Barry as Chief Financial Officer
William Barry was approved as Chief Financial Officer of the Power
Authority at its October 19 Board meeting in Sacramento. Mr. Barry
currently works for the City of San Francisco, and has worked in the
past for the New York Power Authority.
**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate
and may contain confidential and privileged material for the sole use of
the intended recipient (s). Any review, use, distribution or disclosure
by others is strictly prohibited. If you are not the intended recipient
(or authorized to receive for the recipient), please contact the sender
or reply to Enron Corp. at [email protected] and
delete all copies of the message. This e-mail (and any attachments
hereto) are not intended to be an offer (or an acceptance) and do not
create or evidence a binding and enforceable contract between Enron
Corp. (or any of its affiliates) and the intended recipient or any other
party, and may not be relied on by anyone as the basis of a contract by
estoppel or otherwise. Thank you.
********************************************************************** | {
"pile_set_name": "Enron Emails"
} |
Dear Colleagues,
We know you have many questions about your new benefits plan, payroll issues and other changes that will occur over the next few weeks. Human Resources and Communications are preparing a thorough Q&A, which we will send to you tomorrow and will regularly update as more information is available.
Meanwhile, please read the announcement below from Security about how you can obtain a new UBS Warburg access card that will allow you to enter our new office space after Friday.
I am confident that you share my enthusiasm about our new opportunity. We look forward to working along side each of you in the coming days.
David Oxley
Head, Human Resources
____________________________________________________________________
Access Cards
There will be a two-day transition for the new UBS Warburg access cards. Beginning Monday, February 11, access to the 5th and 6th floors of Enron Center South will require these new cards. UBS Warburg access cards can be picked up from 7 a.m. to 7 p.m. at the reception area on the 5th floor of Enron Center South on Thursday, February 7th ; Friday, February 8th ; and Monday, February 11. Enron Security will produce new access cards with existing photographs, then simultaneously issue the new and collect the old cards. Employees without UBS Warburg cards will be allowed into the Enron Center South building on Monday but will have to collect their new cards as soon as possible to gain access to the 5th and 6th floors.
Employees who fail to collect their new cards by 7 p.m. Monday will be required to contact Enron Security's general information number at 713-853-5360 to arrange to pick them up.
There will be security staff available at the pick up point on ECS 5 to help with any problems you might have.
It is suggested employees wear their access cards at all times while on the premise.
Accessible Areas - The new cards will allow UBS-W employees to enter:
5th & 6th floors and Plaza area of Enron Center South ,
The Sky Ring
Body Shop, Enron Center North Plaza and therefore access the Credit Union and Cafeteria from either building.
Restricted Areas - Employees must submit to Enron Security a Restricted Access Request form (available by calling 713 8535360 ) and signed by Bob McAuliffe (713-853-7468) to enter:
Enron Center South, 8th and 9th floors
Enron Center North, 22nd and 34th floor
Ardmore Data Center.
Employees staying with the Enron estate while visa and other issues are completed - Employees in this group who are on assignment arrangements to UBS-W will be issued a regular access card - available in the same way as other new UBS-W employees.
Estate employees who are working with UBS-W on transition issues - If they will be based in UBS-W office space they should talk to their UBS-W counterpart for approval and then UBSW HR for the issue of a UBS-W contractor card (in addition to their regular Enron badge). | {
"pile_set_name": "Enron Emails"
} |
----- Forwarded by Jeff Dasovich/NA/Enron on 12/12/2000 11:10 AM -----
Mary Hain@ECT
12/12/2000 10:55 AM
To: Tim Belden/HOU/ECT@ECT, Chris H Foster/HOU/ECT@ECT, John M
Forney/HOU/ECT@ECT, Lester Rawson/PDX/ECT@ECT, Greg Wolfe@ECT, Paul
Choi/SF/ECT@ECT, Kim Ward/HOU/ECT@ECT, Holli Krebs/HOU/ECT@ECT, Mike
Swerzbin/HOU/ECT@ECT, Matt Motley/PDX/ECT@ECT, Tom Alonso/PDX/ECT@ECT, Mark
Fischer/PDX/ECT@ECT, Sean Crandall/PDX/ECT@ECT@ECT, Diana
Scholtes/HOU/ECT@ECT, Jeff Richter/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT, Jeff
Dasovich/NA/Enron@Enron, Susan J Mara/NA/Enron@Enron, Dave Parquet,
Christopher F Calger/PDX/ECT@ECT
cc: Christi Nicolay
Subject: More information about the SDG&E gas filing
San Diego Gas & Electric Company's filing for emergency relief asked FERC to
re-impose price caps for short-term releases of capacity for service to the
California border and to points of interconnection between interstate
pipelines and California LDCs, and provide that sellers be required to state
separately the transportation and commodity components of the bundled rate
for bundled sales at these points, etc. | {
"pile_set_name": "Enron Emails"
} |
Vicente,
What is the status of our litigation in Puerto Rico? Has there been a motion to remand? Is anything scheduled in the next few weeks? Have we received a scheduling order or a notice of Rule 26 hearing?
Thanks for the update.
Michelle
---------------------------------------------------------------------------------------------------------
Michelle Cash
Enron North America Corp.
1400 Smith Street, EB 3823
Houston, Texas 77002
(713) 853-6401
[email protected]
This message may contain confidential information that is protected by the attorney-client and/or work product privileges. | {
"pile_set_name": "Enron Emails"
} |
David Port and I are working with Glisan and Despain on this. Naveen is developing models to stress potential margin requirements. Debbie's team is insuring contractual committments are briefed in database and coordinating with David Hardy in London. Credit team is negotiating incremental collateral provisions on a daily basis with aim to maximize Enron credit lines while managing credit exposures with counterparties.
-----Original Message-----
From: Tribolet, Michael
Sent: Sat 9/22/2001 10:42 AM
To: Buy, Rick; Bradford, William S.; Port, David; Murphy, Ted; Gorte, David; Carson, Rick L.; Curry, Wanda
Cc:
Subject: RE: Agenda Items
Working on the New Power deal really gets one thinking about the liquidity provisions in contracts (collateral posting provisions). Given the emphasis on the swings in net cash/credit posted at a Enron Corp level, perhaps we should think of metric to measure the posting risk. Contracts have different thresholds (or none at all) and the effect on our credit capacity is not always symetrical.
-----Original Message-----
From: Buy, Rick
Sent: Wednesday, September 19, 2001 8:58 AM
To: Bradford, William S.; Port, David; Murphy, Ted; Gorte, David; Carson, Rick L.; Curry, Wanda; Tribolet, Michael
Subject: Agenda Items
I was just thinking of the mountain of things going on, outside of normal stuff, and I decided to make a list. Here it is:
Formation of International Credit Group- Bradford/Murphy
Curve Validation Issue-Port/Gorte
Steel Issues-Bradford/Gorte
Rocar Progress/Implementation-Gorte
Operational Risk Metrics/Implementation-Curry
EES???-All
Bankruptcy Group-Gorte/Carson/Tribolet/Bradford
Retail Credit-Bradford/Carson
Private Equity Trading-Gorte
Credit Consistency study- Buy
I think we should have a meeting to discuss above. Some are bigger than others. Organization and website need to adapt to current business environment.
If anything else belongs on this list let me know. Karen will set up meeting.
Rick | {
"pile_set_name": "Enron Emails"
} |
There are no physical desk to desk deals today. | {
"pile_set_name": "Enron Emails"
} |
Fortune 500: The Story of American Business
Fortune, April 2001
Broadband's Chicken-and-Egg Bind --- What's Delaying Web's Promise? Media
World Cites Networks, Networks Cite Lack of Media
The Wall Street Journal, 04/02/01
CAPITOL JOURNAL
California and the West Lockyer Prefers Action Over Talk in Power Crisis
Los Angeles Times, 04/02/01
Energy Prices Power Firms Higher on Fortune 500 Revenue: After 15 years,
General Motors was driven from the top spot by oil giant Exxon Mobil.
Los Angeles Times, 04/02/01
General Motors driven from top spot of Fortune 500 by Exxon
Associated Press Newswires, 04/02/01
Exxon Mobil overtakes GM on Fortune list Oil giant rides higher energy prices
to top of annual ranking based on revenue
The Globe and Mail, 04/02/01
UK: ANALYSIS-Rain in Spain averts California-style crisis.
Reuters English News Service, 04/02/01
Saudi Arabia Seen Signing Gas MOUs In May -Sources
Dow Jones International News, 04/02/01
Current Yield
Rate cuts tied to this week's data: If NAPM falls today, Fed may drop rates
before next meeting
National Post, 04/02/01
ENRON DELAYS WITHDRAWAL FROM INDIA'S PANNA MUKTA OIL FIELD
Asia Pulse, 04/02/01
India: Law Ministry hedges on Enron issue
Business Line (The Hindu), 04/02/01
Second thoughts on the Tehelka tapes
Business Standard, 04/02/01
Texas companies on the Fortune 500 list
Houston Chronicle, 04/02/01
Campaign funds are a regularly milked cash cow
Houston Chronicle, 04/02/01
Fortune 500: The Story of American Business
Fortune, April 2001
www.fortune.com
Broadband's Chicken-and-Egg Bind --- What's Delaying Web's Promise? Media
World Cites Networks, Networks Cite Lack of Media
By Jared Sandberg
Staff Reporter of The Wall Street Journal
04/02/2001
The Wall Street Journal
B1
(Copyright (c) 2001, Dow Jones & Company, Inc.)
IT WAS HAILED as the ultimate bricks, clicks and flicks strategy.
Last year, video-rental giant Blockbuster Inc. and Enron Corp. joined forces
on a plan to give consumers whatever entertainment they want, whenever they
want it, right in their living rooms. Using Enron's high-speed "broadband"
connections, Blockbuster would serve up a menu of movies and eventually games
and music to TV sets. The companies were so confident in each other that they
entered into an unusual 20-year exclusive agreement.
It lasted just eight months. A few weeks ago the companies decided to part
ways, each dissatisfied with the other. Enron, a Houston energy company,
complained that Blockbuster's online catalog of movies, which totaled only
100, was too thin. Blockbuster, a unit of Viacom Inc., complained that Enron
's technology was glitchy. Though it was supposed to be an accelerated
rollout to millions of people, the service, tested in four cities, had just
800 users.
Those aren't the only fingers being pointed in the broadband marketplace
these days. In many ways the promising technology is stuck in a
chicken-and-egg dilemma: Media companies, which have closed many of their
costly Internet efforts, are waiting for a much bigger audience; the six
million or so residential broadband customers don't yet justify major
investments in services that take advantage of the faster lines, they say.
But without new broadband services along the lines of video-on-demand and
Napster, cable and phone companies say they may have a hard time selling the
high-speed lines beyond the early technology adopters. It's a quandary that
has faced other technologies in their infancy such as radio and TV: Which
comes first, the audience or the programming?
Even when the economy was booming, the high cost of upgrading cable and phone
lines to broadband speeds made it challenging for the infrastructure
operators to make money. Now, many fear the languid economy and rampant
belt-tightening among corporations will decelerate the already-delayed
deployment of broadband lines and hamper development of new programming and
applications.
Last week's collapse of the broadband service of NorthPoint Communications
Inc., which left more than 100,000 users scrambling for a new service
provider, is emblematic of the industry's troubles. "It's going to be more of
a sinkhole for many companies," says Blockbuster Chairman John Antioco, who
in a recent speech to high-tech executives said: "There's tens of billions of
dollars here. It's just on the wrong side of the ledger."
Yet no one thinks the long-promised broadband market is doomed. Cable and
phone companies still are struggling to meet heavy demand from consumers for
speedy connections, which include digital subscriber lines (DSL) and cable
modems.
But the limping rollout of broadband connections, due in part to technical
glitches, is holding up many corners of the high-tech industry. Higher
bandwidth was supposed to make online shopping, entertainment and advertising
more compelling. Wall Street analysts, research firms and high-tech
executives predicted a cyclonic roll-out of zippy residential links a few
years ago, forecasting as many as "tens of millions" of users in short order.
Commercials continue to perpetuate the myth of ubiquitous broadband; Qwest
Communications International Inc., for example, runs an ad that promises to
deliver "every movie ever made" to a motel room. Though the company's network
can assist in such a service, a spokeswoman concedes that it isn't available
yet.
As broadband access companies struggle to roll out fast pipes, some content
and technology companies have scrambled to survive. Numerous start-ups that
hoped to make money through advertising, such as online show producer Pseudo,
have gone under. Others, such as Cidera Inc., Laurel, Md., which specializes
in delivering broadband content such as video, had to take a step backward by
acquiring a news and information business that serves the much larger
audience of dial-up Internet users.
The same waning patience of investors has affected established media
companies. George Bell, chairman and chief executive of cable modem service
Excite@Home Corp., says it is "an open question" whether even big companies
will invest in largely experimental broadband services while the economy
falters.
His doubt is well-founded. At only 5% household penetration in the U.S., the
broadband market doesn't exactly impress a corporation such as Walt Disney
Co. that has 70 million daily customers -- especially since it recently
closed its disappointing Go.com Web portal after spending about $150 million
on it. "We're prepared to get out in front with some investment," says Steve
Wadsworth, president of the Disney Internet Group. "But we're not prepared to
invest the world." He says the company will spend perhaps $10 million for
broadband applications, "but not hundreds of millions."
What are other content providers waiting for? About 20 million more
customers, says Shawn Hardin, an executive vice president at NBC Internet
Inc., a General Electric Co. online unit that showcases NBC's various news
and entertainment properties. "If you talk about investment, return and
value, you've got to have a significant enough audience," he says.
Like many media executives, Mr. Hardin views the small broadband audience
more as a result of stumbling by high-speed access providers than the lack of
broadband applications. "There are still a lot of folks who want this service
who can't get it or have to wait a long time to get it," he says.
Providers of the high-speed lines say that many of the problems that plagued
residential broadband service -- spotty availability, installation and
service -- are fading. The absence of broadband applications, they say, will
make it difficult to justify the service for a mass market. Without services
like Napster that show the necessity of high-speed lines, broadband access
providers are like jetliners with nowhere to land, they say. "If there are
better airports," says Jeffrey King, president of AOL Time Warner Inc.'s
high-speed Road Runner service, "I'll sell more jets."
Still, there are some toe-in-the-water efforts under way at big media outfits
to develop content tailored for high-speed connections, either to the PC or
TV. Disney is working on broadband entertainment features such as "Toon
Town," a 3-D world for kids to explore, as well as "My Sportscenter," a show
for sports nuts who can dictate what ESPN clips they'd like to see. And Sony
Corp. is developing a service to distribute movies over the Web.
A handful of other services such as Into Networks allow broadband customers
to "stream" software (so users can run it without having to wait for the
whole file to download) that is created by companies such as the Lotus unit
of International Business Machines Corp. and Hasbro Inc. Similarly, Media
Station Inc. allows users to play software-based games such as Scrabble and
Big Game Hunter II. Other services, such as Intertainer Inc., deliver a
selection of movies on demand.
But most of these services are using a new business model that has largely
failed on the Internet so far: subscriptions. "If I had to build a broadband
business based on advertising and mass numbers," says Intertainer's chief
executive, Jonathan Taplin, "I'd probably be slitting my wrists right now."
Today, most of these services have only a few thousand subscribers.
For AOL's online service, which didn't get tripped up in the broadband hype,
topping the list of "killer applications" for broadband is home networking:
the ability to wire devices such as PCs and TVs so that they share resources
and a single Internet connection. That means, for example, that movies
retrieved through the Internet ultimately could be shunted off to the TV,
rather than a PC. Until then, the finger pointing between industries may
continue, says Barry Schuler, CEO of the America Online division of AOL Time
Warner, "but everybody's got more work to do."
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Metro Desk
CAPITOL JOURNAL
California and the West Lockyer Prefers Action Over Talk in Power Crisis
GEORGE SKELTON
04/02/2001
Los Angeles Times
Home Edition
A-3
Copyright 2001 / The Times Mirror Company
ANAHEIM -- Remember Bill Lockyer? Former state Senate leader, elected
attorney general in 1998 by a hefty 10-point cushion?
Age 59. A liberal Democrat and civil libertarian who, regardless, supports
the death penalty. Alameda County legislator for 25 years. Skilled in the
political arts of finesse, nuance and timing, but also a policy wonk.
He has slipped under the radar with all the focus on energy, generating low
wattage in the media spotlight. About the time Lockyer was getting elected,
crime ceased being the No. 1 concern of voters. Education rose to the top.
Now electricity.
Attorney general is the second most powerful job in Sacramento, but you'd
never know it. Other officeholders have been attracting much more attention:
The secretary of state is running for governor. The treasurer is pushing
public power and peddling energy bonds. The controller is trying to become
L.A.'s mayor.
Lockyer was on stage briefly Saturday at the Democratic State Convention in
Anaheim, saying little about energy. By contrast, that was the main topic of
other state politicians.
Gov. Gray Davis blamed Republicans and vowed "to clean up their mess."
Treasurer Phil Angelides offered "this warning to the out-of-state
generators: If you do not take your foot off our throats . . . you may leave
us no option but to [seize] your power plants." (Standing applause.)
Superintendent of Public Instruction Delaine Eastin lamented that for the
money the Davis administration spends in one week buying electricity,
California could hire enough school counselors to match the national average.
Now, California is dead last in counselors--a fact that becomes more obvious
each time some troubled kid shoots up a school.
Controller Kathleen Connell, an outspoken Davis critic, declared: "I will not
stand by and allow the California consumer and taxpayer to pick up the bill
for this state's energy crisis. It won't happen." She didn't say how she'd
stop it.
When it came Lockyer's turn, he merely commented: "I don't intend to offer a
new or startling policy thought.
"But I will say this: Our office is the arm of the people in California. When
we conclude . . . the energy generators and other businesses have been
ripping off and gouging Californians, it will be my office that files the
criminal and civil charges."(Standing applause and cheers.)
*
Afterward, I asked Lockyer why he hadn't said more about the issue on
everyone's mind.
"I'm doing it, not just talking about it," the attorney general replied.
"We're the ones doing the investigations, sorting through hundreds of boxes
of documents and deposing [power] executives. We're doing the heavy lifting.
"Others seek to define themselves. I don't need to define myself. I'm doing
the work."
Lockyer is involved in dozens of energy lawsuits. He's investigating
wholesale pricing of both electricity and natural gas--looking into
"manipulative behaviors."
"The problem is greed is not illegal," he notes. "The question is whether
they've done illegal things to gouge us the way they are.
"But clearly," he adds, his voice rising, "we're getting robbed. . . . We're
getting fleeced by these out-of-state generators."
Most of his targets are not cooperating, he says. They're demanding
"confidentiality agreements" that would keep their deeds secret from the
public. "I'm not going to agree to that. We're going to court with a legal
crowbar to pry this information out of them."
*
Lockyer was the Senate leader in 1996 when the Legislature unanimously passed
the now-infamous electricity deregulation bill. Prodded by Republican Gov.
Pete Wilson, lawmakers were trying to improve on a plan proposed by the
Public Utilities Commission. The relearned lesson, he says: "Don't try to fix
a bad bill--a bad idea."
"In retrospect," he adds, "we may well have unintentionally left the keys in
the car. But it's still a crime to steal it."
Lockyer isn't critical of Davis--"I have a duty of loyalty to my client." He
does think, however, we'd have been better off three months ago if the
utilities had gone bankrupt. A judge might have found that the power
producers had been unjustly profiteering and cut back their claims. But that
move, he says, no longer made sense once the state also became a creditor.
Like all politicians running for reelection next year, Lockyer worries about
the voters' reaction to blackouts and price hikes. "They don't get to vote on
the practices of Enron or Duke," he says. "They only get to vote on people
running for office."
If Lockyer survives in 2002, as expected, his name probably will be easy to
remember four years from now. Like most AGs, he'll be running for
governor--maybe as one who caught some robbers.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Business; Financial Desk
Energy Prices Power Firms Higher on Fortune 500 Revenue: After 15 years,
General Motors was driven from the top spot by oil giant Exxon Mobil.
From Associated Press
04/02/2001
Los Angeles Times
Home Edition
C-3
Copyright 2001 / The Times Mirror Company
NEW YORK -- Surging energy prices in the United States gave oil, gas and
power companies new fuel in their ascension of the annual Fortune 500.
Exxon Mobil surpassed General Motors, rising to No. 1 from No. 3 thanks to
the oil giant's record-high $210 billion in revenue for 2000.
GM, which had revenue of $184.6 billion, fell to No. 3.
Other energy companies fared well in 2000, with Enron, at No. 7, rising from
No. 18. Duke Energy shot up to No. 17 from 69 and Reliant Energy made it up
to No. 55 from 114.
The list of the largest publicly held companies, ranked by fiscal year 2000
revenues, has been compiled annually since 1955 by the editors of Fortune.
GM, which had held the top spot on the list for 15 years, now trails No. 2
Wal-Mart Stores in addition to Exxon Mobil. Wal-Mart's sales hit $193.3
billion last year.
Rounding out positions No. 4 through 10, in order: Ford Motor; General
Electric; Citigroup; Enron; IBM; AT&T; and Verizon Communications.
Energy companies benefited from a surge in revenue brought about by falling
supplies, utility deregulation, soaring natural gas prices and maneuvering to
keep oil prices high by the Organization of Petroleum Exporting Countries.
The shortage of electricity in the West also helped drive prices higher,
boosting sales at companies such as Enron and Duke Energy.
Other energy firms advancing included Texaco, which went from No. 28 to 16;
Chevron, which was ranked No. 20, up from 35; and Dynegy, which rose to No.
54 from 112.
San Francisco-based Chevron agreed to buy Texaco in October for $35 billion
in stock. The deal is expected to close this summer pending review by
regulators.
The Internet slowdown and uncertainty about the economy hurt a number of
companies, particularly tech and telecom firms that slid in the rankings.
AT&T dropped one notch in the top ten; Intel fell to No. 41 from 39.
But Verizon Communications, formed when Bell Atlantic and GTE combined in
May, leapfrogged from No. 33 to No. 10, past rivals WorldCom, No. 32, and SBC
Communications (parent of Pacific Bell), No. 14.
America Online, which became the first purely Internet company to break into
the 1999 list, at No. 337, rose to No. 271.
Since then, it has become AOL Time Warner. The combined company's revenue of
$36.2 billion would have made it No. 39 on the new list, but it wasn't
counted because the deal didn't close until early this year.
Among tech giants, Microsoft rose to No. 79 from 84, and Cisco Systems, the
leading computer networker, advanced to No. 107 from 146, despite the dot-com
crash.
(BEGIN TEXT OF INFOBOX / INFOGRAPHIC)
California Companies in the Fortune 500
A total of 55 of the Fortune 500 companies for 2000 are headquartered in
California, and 28 of the 55 are based in Southern California. But two of the
Southland-based firms on the list--Bergen Brunswig and Litton Industries--
are in the process of being acquired. Fortune ranks companies by annual
sales. Here are the California companies on the 2000 list, with Southland
companies shown in bold.
*
2000 1999
rank rank Company Headquarters Sales*
19 13 Hewlett-Packard Palo Alto $48.8
20 35 Chevron San Francisco 48.1
35 38 McKesson HBOC San Francisco 37.1
41 39 Intel Santa Clara 33.7
46 40 Safeway Pleasanton 32.0
49 41 Ingram Micro Santa Ana 30.7
62 68 Wells Fargo San Francisco 27.6
67 66 Walt Disney Burbank 25.4
82 73 PG&E Corp. San Francisco 22.5
103 100 Bergen Brunswig Orange 19.6
107 146 Cisco Systems San Jose 18.9
125 150 Sun Microsystems Palo Alto 15.7
133 235 Occidental Pet. Los Angeles 14.5
139 214 Solectron Milpitas 14.1
147 152 Gap San Francisco 13.7
164 178 Edison Intl. Rosemead 11.6
169 171 PacifiCare Health Santa Ana 11.5
171 158 Tenet Healthcare Santa Barbara 11.4
175 144 Fluor Aliso Viejo 11.1
184 195 Oracle Redwood City 10.1
194 203 Gateway San Diego 9.6
196 331 Applied Materials Santa Clara 9.6
200 231 Computer Sciences El Segundo 9.4
204 239 WellPoint Health Thousand Oaks 9.2
207 282 Unocal El Segundo 9.2
209 201 Health Net Woodland Hills 9.1
232 190 Northrop Grumman Los Angeles 8.3
236 285 Apple Computer Cupertino 8.0
259 307 Sempra Energy San Diego 7.1
260 343 Charles Schwab San Francisco 7.1
285 256 Seagate Tech. Scotts Valley 6.4
289 296 CNF Transport. Palo Alto 6.1
296 313 Science Applicat. San Diego 6.1
303 394 Providian Finl. San Francisco 5.9
319 305 Mattel El Segundo 5.6
320 333 Litton Indus. Woodland Hills 5.6
329 294 3Com Santa Clara 5.4
354 353 Pacific Life Newport Beach 4.9
362 322 Dole Food Westlake Village 4.8
364 330 Quantum Milpitas 4.7
369 522 Advanced Micro Sunnyvale 4.6
376 392 Golden State Banc. San Francisco 4.5
412 399 Clorox Oakland 4.1
415 435 Longs Drug Stores Walnut Creek 4.0
419 317 Merisel El Segundo 4.0
421 507 Golden West Finl. Oakland 3.9
424 421 KB Home Los Angeles 3.9
426 982 Sanmina San Jose 3.9
428 429 Avery Dennison Pasadena 3.9
447 442 Fleetwood Enter. Riverside 3.7
455 463 Amgen Thousand Oaks 3.6
472 644 Hilton Hotels Beverly Hills 3.5
476 519 Jacobs Engineering Pasadena 3.4
499 474 Knight-Ridder San Jose 3.2
500 409 Qualcomm San Diego 3.2
*
*In billions
Sources: Fortune magazine, Associated Press
GRAPHIC-TABLE: California Companies in the Fortune 500, Los Angeles Times;
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
General Motors driven from top spot of Fortune 500 by Exxon
By MATT MOORE
AP Business Writer
04/02/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.
NEW YORK (AP) - Surging U.S. energy prices gave oil, gas and power companies
new fuel in their climb through the ranks of the annual Fortune 500.
Irving, Texas-based oil giant Exxon Mobil Corp. posted its highest-ever
revenue of $210 billion in 2000, boosting it to No. 1 on the list from its
1999 ranking as No. 3. Automaker General Motors Corp. had revenue of $184.6
billion and fell from No. 1 to No. 3.
Other energy companies also fared well in 2000, with Enron Corp. rising to
No. 7 from No. 18. Duke Energy Corp. shot up to No. 17 from 69 and Reliant
Energy Inc. made it up to No. 55 from 114.
The list of the largest publicly held companies, ranked by fiscal year
revenues, has been compiled annually since 1955 by the editors of Fortune.
GM, which had held the top spot on the list for 15 years, now trails No. 2
Wal-Mart Stores Inc.
Energy companies benefited from a surge in revenue brought about by falling
supplies, utility deregulation, soaring natural gas prices and OPEC's
maneuvering to keep oil prices high. In the past year, crude oil has sold for
as much as $30 a barrel, and gasoline cost more than $2 a gallon last summer
in some parts of the United States.
Other energy firms advancing included Texaco Inc., which went from No. 28 to
No. 16; Chevron Corp., which was ranked No. 20, up from No. 35; and Dynegy
Inc., which rose to No. 54 from No. 112.
San Francisco-based Chevron agreed to buy Texaco last October for $35.1
billion in stock, plus assumed debt of $7.5 billion. The deal is expected to
close this summer pending review by the U.S. Federal Trade Commission.
The Internet slowdown and uncertainty about the economy hurt a number of
companies, particularly telecommunications firms. AT&T Corp. fell from No. 8
to No. 9.
But a merger helped Verizon Communications Inc., formed when Bell Atlantic
and GTE combined in May, leapfrog to the No. 10 spot from No. 33, climbing
past rivals WorldCom Inc., No. 32, and SBC Communications, No. 14.
America Online Inc., which became the first purely Internet company to break
into the list last year at No. 337, rose to No. 271. Since then, it has
become AOL Time Warner Inc. with its acquisition of Time Warner. The combined
company's revenue of $36.2 billion would have made it No. 39 on the year 2000
list, but the deal didn't close until early this year.
Computer companies were led by International Business Machines Corp., which
stayed in the top 10 but fell from sixth last year to No. 8.
Microsoft Corp. rose to 79 from 84, and Cisco Systems Inc., which makes
equipment for the Internet, advanced to 107 from 146, despite the dot-com
crash.
Wal-Mart, which remained in the No. 2 spot, had revenues of $193.2 billion.
It also has the most employees of any company on the list, with more than 1.2
million worldwide.
The top 10 also included Ford Motor Co. at No. 4, a position it held last
year. General Electric stayed at No. 5 and Citigroup Inc., the nation's
largest financial services company, rose from seventh place to No. 6.
Total profits for the 500 corporations grew 8.4 percent for the year, down
from 1999's level of 28.7 percent, to $444 billion. Revenue grew by more than
13 percent to a combined $7.2 trillion for 2000. They employed more than 24
million workers.
---
On the Net:
Fortune: http://www.fortune.com
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Report on Business: International
Exxon Mobil overtakes GM on Fortune list Oil giant rides higher energy prices
to top of annual ranking based on revenue
MATT MOORE
Associated Press
04/02/2001
The Globe and Mail
Metro
B7
"All material Copyright (c) Bell Globemedia Publishing Inc. and its
licensors. All rights reserved."
NEW YORK -- Surging energy prices in the United States gave oil, gas and
power companies new fuel in their ascension of the annual Fortune 500.
Oil giant Exxon Mobil Corp. surpassed auto maker General Motors Corp., rising
to No. 1 from No. 3 with the company's highest-ever $210.3-billion (U.S.) in
revenue for 2000. GM, which had revenue of $184.6-billion, fell to No. 3.
Other energy companies fared well in 2000, with Enron Corp., at No. 7, rising
from No. 18. Duke Energy Corp. shot up to No. 17 from 69 and Reliant Energy
Inc. made it up to No. 55 from 114.
The list of the largest publicly held companies, ranked by fiscal year 2000
revenues, has been compiled annually since 1955 by the editors of Fortune.
GM, which had held the top spot on the list for 15 years, now trails No. 2
Wal-Mart Stores Inc. -- with $193.2-billion in revnue -- in addition to Exxon
Mobil.
Energy companies benefited from a surge in revenue brought about by falling
supplies, utility deregulation, soaring natural gas prices and manoeuvring by
the Organization of Petroleum Exporting Countries to keep oil prices high. In
the past year, crude oil has sold for as much as $30 a barrel, while in some
parts of the United States last summer, gasoline cost more than $2 a gallon.
Other energy firms advancing included Texaco Inc., which went from No. 28 to
No. 16; Chevron Corp., which was ranked No. 20, up from No. 35; and Dynegy
Inc., which rose to No. 54 from No. 112.
San Francisco-based Chevron agreed to buy Texaco last October for
$35.1-billion in stock, plus assumed debt of $7.5-billion. The deal is
expected to close this summer pending review by the U.S. Federal Trade
Commission.
The Internet slowdown and economic uncertainty hurt a number of firms,
particularly telecom firms that slid in the rankings. AT&T Corp. fell from
No. 8 to No. 9.
But a merger helped Verizon Communications Inc., formed when Bell Atlantic
and GTE combined in May, leapfrog from No. 33 past rivals WorldCom Inc., No.
32, and SBC Communications, No. 14, to the No. 10 spot.
America Online Inc., which became the first purely Internet company to break
into the list last year at No. 337, rose to No. 271. Since then, it has
become AOL Time Warner Inc. by dint of its acquisition of Time Warner. The
combined company's revenue of $36.2-billion would have made it No. 39 on the
new list, though was not counted there because the deal didn't close until
early this year.
Computer companies were led by International Business Machines Corp., which
stayed in the top 10, but fell from sixth last year to No. 8.
Microsoft Corp. -- with revenue of $22.9-billion -- rose to 79 from 84, and
Cisco Systems Inc., which makes equipment for the Internet, advanced to 107
from 146, despite the dot-com crash.
Personal computer maker Dell Computer Corp. rose to 48 from 56 and Apple
Computer Inc. rose from 285 to 236. Compaq Computer Corp., meanwhile fell
from 20 to 27.
Wal-Mart, which remained in the No. 2 spot, draws the distinction as being
the company with the most employees on the list, more than 1.2 million
worldwide.
The top 10 also included Ford Motor Co. at No. 4, a position it held last
year. General Electric stayed at the No. 5 position while Citigroup Inc., the
largest U.S. financial services company, rose from seventh place to No. 6.
The highest ranked new company on the list is No. 57 Delphi Automotive
Systems Corp., which was spun off by General Motors in May, 1999.
Top 10
The Fortune 500 ranking of the largest U.S. companies compiled by Fortune
magazine on the basis of 2000 revenue. Each entry includes rank, name of
company, headquarters, last year's rank and 2000 revenue in billions of U.S.
dollars. 1. Exxon Mobil, Irving, Tex., 3, $210.392 2. Wal-Mart Stores,
Bentonville, Ark., 2, $193.295 3. General Motors, Detroit, 1, $184.632 4.
Ford Motor, Dearborn, Mich., 4, $180.632 5. General Electric, Fairfield,
Conn., 5, $129.853 6. Citigroup, New York, 7, $111.826 7. Enron, Houston, 18,
$100.789 8. International Business Machines, Armonk, N.Y., 6, $88.896 9.
AT&T, New York, 8, $65.981 10. Verizon Communications, New York, 33, $64.707
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
UK: ANALYSIS-Rain in Spain averts California-style crisis.
By Dominique Magada
04/02/2001
Reuters English News Service
(C) Reuters Limited 2001.
LONDON, April 2 (Reuters) - Spain is alone in Europe with the ingredients for
a California-style power crisis, but recent heavy rains gushing through
hydroelectric plants have made that risk more remote.
"If there is one candidate in Europe, it is Spain, but it would take a few
years before a major crisis could happen," said Stewart Gray, European
analyst with consultants Wood Mackenzie in Edinburgh.
Like California, Spain has high demand growth, a lack of investment in new
power stations and emerging environmental constraints. However, the country
still benefits from a small capacity margin, which can just about cover the
growing demand.
"If it had not rained, we'd be facing a different situation," said Mariano
Cabellos, deputy director of Spanish Electricity Industry Association, UNESA.
Between 15 and 25 percent of Spain's electricity comes from hydroelectric
plants.
In contrast other European countries have stable demand and overcapacity in
power generation, which for some has led to a drop in prices since
liberalisation of the markets under a European Union directive in February
1999.
"As an example, the level of demand in the UK is the same today as it was in
1990," said Harold Hutchinson, an energy analyst with Credit Lyonnais
Securities in Madrid.
Other European nations also benefit from good interconnections with their
neighbours, giving them the chance to rely on imports if necessary.
"That is not the case in the Iberian Peninsula which is an island in terms of
electricity," said Hutchinson.
INVESTMENTS PLANS HELD BACK
The Spanish industry is well aware of the problem and a total of 20,000
megawatts (MW) is currently awaiting planning permission or is at a late
stage of development.
But so far a number of political and economical constraints have prevented
many projects from going ahead.
"The problem in Spain is that authorisation is needed at national level as
well as regional level. Some projects which got a national go-ahead are held
back in the local political process," said Wood Mackenzie's Gray.
An example is the 1,600 MW combined-cycle gas fired plant (CCGT) U.S Enron
Corp is looking to build at Moro la Nova in Catalonia.
The plant received planning permission at national level but local go-ahead
is being held back by environmental opposition.
Spain also suffers from limited electricity links with France and Portugal.
Both Spain and France are seeking ways to increase capacity in the existing
1,000 MW cable, as previous projects to build a new cable across the Pyrenees
were abandoned due to strong environmental opposition.
"This has been an ongoing problem. The Spanish government is dragging its
feet because of the issue of reciprocity," said Hutchinson.
French Electricite de France is exporting 7.1 terrawatt hours a year to
Spain, while Spanish presence in the French market is limited to Endesa's
recently acquired 30 percent stake in generator, Societe Nationale
d'Electricite Thermique (SNET).
Analysts agree that ultimately new lines will have to be built to
significantly increase capacity.
Substantially higher gas prices, which have followed the drastic rise in oil
prices in the past year, are a further factor affecting investment in new
plants.
"At current gas prices, it is just about possible to make a profit from
electricity generation. So companies are looking again at the profitability
of their investment in new plants," said Hutchinson.
The industry now agrees that it will be critical to increase investment in
the next three years to avoid a major crisis.
"If we don't start investing now in new capacity and lines of transportation,
as well as eliminating the bureaucratic environmental barriers, within one
year, we'll have a higher risk to run into serious problems," said UNESA's
Cabellos.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Saudi Arabia Seen Signing Gas MOUs In May -Sources
By Dyala Sabbagh
Of DOW JONES NEWSWIRES
04/02/2001
Dow Jones International News
(Copyright (c) 2001, Dow Jones & Company, Inc.)
DUBAI -(Dow Jones)- Saudi Arabia is likely to sign memoranda of understanding
with international oil companies on at least one of its proposed three core
gas projects in May and not this month as previously thought, sources
familiar with the negotiating process have told Dow Jones Newswires.
Consortium leaders for each of the three core ventures on offer should also
be selected by then, the sources said.
Consortium leaders will be responsible for directing further negotiations on
projects such as pricing and finance. Each core project has on average six to
ten individual components.
Consortium leaders are also likely to get the largest stake in any project as
well as possible operatorship, according to one source, who requested
anonymity.
Saudi Arabia invited international oil companies in October 1998 to
participate in proposals for downstream gas projects and upstream gas
enhancement.
A comprehensive framework for the initiative still hasn't been set but some
deals are expected to be sealed by year end, according to local analysts.
The most recent round of talks took place in February between the Saudi
negotiating committee and shortlisted international oil companies.
More meetings are expected to take place throughout April, sources said.
Royal Dutch/Shell Group (RD), BP Amoco PLC (BP), Exxon Mobil (XOM), Chevron
(CHV), TotalFinaElf (TOT) and ENI SpA (E) have been shortlisted for core
venture number one, the $15 billion South Ghawar Area Development.
For core venture two, the Red Sea Development, Enron Corp. (ENE) and
Occidental Petroleum Corp. (OXY) are bidding jointly and Exxon Mobil,
TotalfinaElf, Marathon Oil Canada Inc. (T.M), Shell and Conoco Inc. (COCA)
have also been listed.
For core venture three, the Shaybah area, TotalFinaElf, Conoco, Phillips
Petroleum (P), Enron & Occidental, Exxon Mobil, Shell and Marathon Oil have
been listed.
The shortlists are still subject to change.
The three ventures have a combined value of about $25 billion.
Saudi Arabia has about 2.5 billion cubic feet of gas a day in its system
currently and will have about 4 bcf/day by 2003. By 2025, it will need an
estimated 14 bcf/day to meet its own consumption requirements and for
possible export.
-By Dyala Sabbagh, Dow Jones Newswires; 9714 3314260;
[email protected]
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Financial Post Investing
Current Yield
Rate cuts tied to this week's data: If NAPM falls today, Fed may drop rates
before next meeting
Jennifer Ablan
Barron's
04/02/2001
National Post
National
C11
(c) National Post 2001. All Rights Reserved.
This week may bring some heavy April showers to the U.S. economic environment
in the form of fresh readings from National Association of Purchasing
Management index and the nation's employment situation for March.
Friday's news of a sharp plunge in the Chicago Purchasing Managers' regional
report to its lowest levels since 1982 raises the risk for the NAPM report
due today to be much weaker than expected.
"If March NAPM falls below 40, look for markets to reprice for an
intermeeting rate cut from the Fed," states a Credit Suisse First Boston
report. (A reading below 50 indicates contracting manufacturing activity;
February's index was 42.5%.)
A "weak" NAPM report alone won't spur another cut in the federal-funds target
of 5% before the Federal Open Market Committee meets on May 15, the firm
emphasizes. It's the magnitude of a possible drop in NAPM, combined with the
crucial March employment figures due out Friday, that could influence the
Fed.
"The question is still the same," says William Dudley, chief U.S. economist
at Goldman Sachs. "Does the weakness in manufacturing lead to a sufficient
rise in unemployment that will affect the consumers? How far and how fast
will the unemployment rate be, putting stress on the household sector?"
But the March employment report may be "inconclusive and not sufficient for
the Fed to pull the trigger," he adds, given the number of layoffs announced
but not reflected in the government data. The consensus forecast calls for a
70,000 increase in nonfarm payrolls in March, down from 135,000 in February,
and a 0.1 percentage point uptick in the jobless rate to 4.3%.
Notwithstanding upticks in the latest readings on consumer sentiment last
week, "the real test will therefore come over the next couple of months, as
the February and March declines in stock prices filter through," observes Ian
Shepherdson, chief U.S. economist at High Frequency Economics.
"We fully expect sentiment to drop sharply, putting in place the conditions
for much softer consumer spending numbers."
The question for monetary policy is less the timing of future rates cuts than
"how far will the central bank go," Dudley adds. Goldman expects the funds
target to reach 3.5% by the third quarter.
On the fiscal front, Michael Gregory, senior economist at Lehman Brothers,
observes support for a US$60-billion temporary tax cut is building in U.S.
Congress as the economy weakens. But "the transitory nature of this measure
will probably crimp its overall effectiveness."
In 1975, about three-fourths of a similar rebate was saved rather than spent,
he notes. "Although temporary tax cuts can stimulate the economy, permanent
measures, on both the tax and spending side, provide much more bang per
buck."
The tech-stock debacle has turned many convertible bonds into lemons. But
high-quality investment-grade convertibles still offer a lot of juice.
A crush of aggressively priced new issues have pushed prices of many
investment-grade convertibles to their steepest discounts in a decade -- even
lower than during the emerging-market crisis in 1998, according to Merrill
Lynch research.
By contrast, speculative-grade securities, both straight and convertible,
have done far better this year, as investors scooped oversold securities
offering historically high credit spreads over benchmark treasuries.
That's made credit quality paramount. But while many quality convertibles
trade at a large premium to their conversion value -- what the bonds would be
worth if they were exchanged for stock -- they are "abnormally cheap,"
according to Merrill first vice president Anne Cox.
For example, AOL Time Warner zero-coupon convertibles, which traded as high
as US$85, traded late last week at US$52.375, according to ConvertBond.com, a
Morgan Stanley-owned online research firm. While the bonds mature in 2019,
they have a put option that gives investors the right to redeem them in
December 2004 at US$63.976.
That results in a yield to the put date of 5.90% while providing the
potential appreciation from the equity.
Even if the stock market "crashes and burns," Bear Stearns' associate
director Joseph Montemayor notes, investment-grade convertible issuers such
as Analog Devices, AOL Time Warner, Enron, Royal Caribbean Cruises, Solectron
and Tyco International, have the best chance of survival and "bounce"
potential.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
ENRON DELAYS WITHDRAWAL FROM INDIA'S PANNA MUKTA OIL FIELD
04/02/2001
Asia Pulse
(c) Copyright 2001 Asia Pulse PTE Ltd.
NEW DELHI, April 2 Asia Pulse - Plans be United States-based energy company
Enron to withdraw from India's Panna Mukta and Tapti oil fields have been
delayed due to a lack of suitable bidders among the six aspirants, which
include Reliance and ONGC.
Enron is believed to have rejected all the six bids and informed the federal
government that progress on the divestment front was much slower than desired.
Besides Reliance and ONGC, who are the joint venture (JV) partners in the oil
fields, Indian Oil Corporation, Hindustan Petroleum (HPCL), Marathan and
Unacal (Both US) had bid for the Enron stake in the venture.
When contacted, Enron spokesperson told PTI from Mumbai over phone that "it
is not the company's policy to comment on divestiture proceedings".
Meanwhile, Enron Oil and Gas (India) officials met the federal petroleum
minister, Ram Naik, to appraise him of the position on sale of its 30 per
cent stake in the oil fields, handed over to the consortium after these were
developed by Oil and Natural Gas Corporation.
"Enron officials came and met me. They informed me that not much progress has
been made on their proposed exit from the Panna-Mukta fields," Naik told PTI.
(PTI) 02-04 2027
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
India: Law Ministry hedges on Enron issue
04/02/2001
Business Line (The Hindu)
Copyright (C) 2001 Kasturi & Sons Ltd (KSL); Source: World Reporter (TM) -
Asia Intelligence Wire
NEW DELHI, April 1. THE Union Law Ministry has decided to hedge on the issue
of settlement of Dabhol Power Company's outstanding power bills. Sidestepping
the key issue of validity of the claims put forth by the Maharashtra State
Electricity Board (MSEB) and Dabhol Power Company (DPC), the Law Ministry has
mainly visited the billing cycle for settlement of dues.
In its recent opinion to the Finance Ministry, the Ministry has said that
MSEB's claim that a rebate amount of Rs 400 crore during January should be
adjusted against DPC's Rs 102- crore bill during December is "debatable." In
other words, the Law Ministry has not clarified whether such a rebate bill,
if valid, should be settled during the October-January cycle or the next one.
Under the settlement schedule between DPC and MSEB, the bills are paid once
in four months with the last cycle being between October 2000 to January,
2001. The Law Ministry has decided against deliberating on the validity of
MSEB's claim even as DPC is set to drag MSEB for reconciliation and
arbitration on this issue.
The issue relates to a technical matter enshrined in the power purchase
agreement between MSEB and DPC. MSEB has claimed that the PPA makes it
mandatory for DPC plants to be ready for despatch at 90 per cent load factor
in a period of three hours from issuance of despatch instructions.
The company, however, does not agree on the mandatory nature of this clause.
The problem is that the plants require around five-six hours of 'ramp up'
time for being ready to generate power at 90 per cent load factor. MSEB's
rebate claim emanates from this issue. The Law Ministry's opinion is
reflective of the Centre's stand on the DPC-MSEB stand-off - one of being a
ring- side spectator except when the sovereign guarantees are invoked.
- Our Bureau
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Second thoughts on the Tehelka tapes
A V Rajwade
04/02/2001
Business Standard
10
Copyright (c) Business Standard
"The inevitable never happens, it is the unexpected always," said Keynes.
Harold Wilson, another illustrious Britisher (if far less so), once said
something in a slightly different vein a week is a long time in politics, he
said.
Perhaps both the quotations are applicable to what has been happening in
India over the last month. For, who could have imagined that after presenting
a widely acclaimed Budget on February 28, over the next four weeks, the
stockmarket would be in a crisis, the government would lose a lot of its
credibility and some of its allies, and the central bank would confront a
first class banking crisis in the co-operative sector? Yes, it is often the
unexpected which happens, and four weeks is an even longer time than one week
in the political economy of a country! Indeed, the developments have been so
fast and headline-attracting that the Balco privatisation controversy, as
indeed the MSEB-Enron payment crisis, are hardly finding space even in the
pink newspapers.
But first the Tehelka tapes. At the outset, I must confess my naivete where
corruption is concerned. When a large industrial house offered me a bribe
under the garb of a consultancy contract, I failed to even recognise it as
such, and refused it for entirely different reasons! (It took a few years for
light to dawn). On the other side of the coin, I do not have the courage to
offer a bribe to a ticket inspector to get a train berth, while travelling
without a reservation.
Clearly, what I say as regards the Tehelka tapes and bribery/corruption has
enormous limitations.
The Tehelka episode reminded me of a story about admissions in one of the top
management schools. There was this gentleman who offered to help candidates
on the last lap, ie when they had come to the final interview. He would
charge Rs x to get the candidate admitted, and promised full refund if he
failed. Each year the parents of dozens of candidates approached him; some of
them would in any case get admissions on their own, whose money was pocketed
by him; and he refunded the money to the rest.
Clearly, the state of affairs exposed by the Tehelka tapes is not so
innocent. But only four per cent of the tapes are out, and Tejpal says that
there is nothing much in the remaining. Does it mean that 96 per cent of the
content is of the "dog bites man" kind? It is worth recalling that Tejpal
himself contradicted his correspondent about the home minister. Again, R K
Jain, the erstwhile treasurer of Samata Party, in response to a legal
notice, has tendered an apology to Sinha saying that "all the
statements made by me to Tahelka.com are false and
incorrect".
There is confusion about whether and, if so, to whom in the Samata Party Rs 2
lakh were paid, as also various instances of sloppy research.
Overall, are we reading too much in the released tapes, at least in terms of
political corruption? Indeed, to me, the bombast, swagger and vulgarity of
the military and civil officials were far more odious than the politicians'
actions. Talking of "reading too much" in published reports, I am reminded of
a 30-year old incident in SBI. Remember the Nagarwala case? A sum of Rs 60
lakh was removed from the currency chest by the chief cashier in New Delhi on
the telephonic instructions of somebody posing to
be from the PMO, and handed over to him. 99.99 per cent
believe that the money was part of Indira Gandhi's unaccounted assets with
SBI. The truth, as I can testify from personal knowledge having investigated
the case from the union, was far more prosaic it was simply the stupidity and
gullibility of one employee, and Gandhi had nothing to do with it.
Be that as it may, the RSS and the Hindutva adherents should be happy with
the aftermath of the Tehelka tapes.
For one thing, there are obviously no followers of Jesus Christ amongst our
politicians. For, nobody followed his advice that the first to throw a stone
should be the one who has never sinned. Is there any elected Member of
Parliament of any political party who has not used unaccounted money, at
least for his elections? Even H V Kamath, the Hoshangabad MP of unimpeachable
integrity, did so. The second reason is the reappearance of Rama Rajya at
least to the extent where, on a completely unsubstantiated statement of a
washerman, Sita had to prove her innocence by performing the Agnidivya.
The mere mention of some names has been enough to find them guilty. In a
democracy,
a citizen is supposed to be innocent until proved guilty (Sukhram, formerly
of the Congress and now a valued ally
of the BJP, is innocent even when crores of unaccounted currency notes were
found at his
residence).
To my mind, the key issues are two: financing of elections and the completely
unrealistic ban on agents in defense contracts. One wonders whether the
latter is a manifestation of the Brahminic contempt for the middle-man, the
dalal, the adatya, the trader, all of whom perform a very useful function in
real life.
But, all this should not take away the credit for investigative journalism
due to the Tehelka team. They were audacious, took a lot of personal risk and
their feat probably has no parallel in Indian journalism.
Let me end with a story about elephants. There was a man in New York who
carried a whistle claiming that it keeps elephants away from Manhattan.
Somebody said "but there are no elephants in Manhattan". His response was:
"How can there be? I blow the whistle every morning".
The lesson is that, once you start with a firm belief, there is always the
temptation to use all following evidence to support it, a temptation one
needs to avoid.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
April 2, 2001
Houston Chronicle
Texas companies on the Fortune 500 list
Texas
1. Exxon Mobil, Irving, 3, $210.392
7. Enron, Houston, 18, $100.789
14. SBC Communications, San Antonio, 12, $51.476
27. Compaq Computer, Houston, 20, $42.383
43. J.C. Penney, Plano, 36, $32.965
44. Conoco, Houston, 74, $32.513
48. Dell Computer, Round Rock, 56, $31.888
54. Dynegy, Houston, 112, $29.444
55. Reliant Energy, Houston, 114, $29.339
85. TXU, Dallas, 101, $22.009
86. El Paso, Houston, 163, $21.950
98. AMR, Fort Worth, 77, $20.245
105. Sysco, Houston, 98, $19.303
106. Electronic Data Systems, Plano, 91, $19.226
131. Valero Energy, San Antonio, 229, $14.671
135. Fleming, Lewisville, 117, $14.443
137. Ultramar Diamond Shamrock, San Antonio, 157, $14.292
142. Kimberly-Clark, Irving, 138, $13.982
148. Halliburton, Dallas, 115, $13.344
157. Waste Management, Houston, 133, $12.492
163. Texas Instruments, Dallas, 180, $11.875
174. American General, Houston, 162, $11.063
191. Continental Airlines, Houston, 206, $9.899
206. Burlington Northern Santa Fe, Fort Worth, 188, $9.205
224. United Services Automobile Assn., San Antonio, 217, $8.551
267. Adams Resources & Energy, Houston, 400, $7.022
281. Plains Resources, Houston, 483, $6.630
302. Centex, Dallas, 318, $5.956
308. Suiza Foods, Dallas, 359, $5.756
314. Anadarko Petroleum, Houston, -, $5.686
316. Southwest Airlines, Dallas, 339, $5.649
331. Clear Channel Communications, San Antonio, 550, $5.345
335. Baker Hughes, Houston, 329, $5.233
343. Tesoro Petroleum, San Antonio, 498, $5.102
360. RadioShack, Fort Worth, 382, $4.794
383. Cooper Industries, Houston, 418, $4.459
390. Temple-Inland, Austin, 393, $4.286
409. Encompass Services, Houston, 835, $4.099
414. Lyondell Chemical, Houston, 434, $4.036
445. Kinder Morgan, Houston, 290, $3.730
448. Administaff, Kingwood, 615, $3.708
454. D.R. Horton, Arlington, 491, $3.653
458. Group 1 Automotive, Houston, 569, $3.586
493. Lennox International, Richardson, 591, $3.247
498. Pennzoil-Quaker State, Houston, 505, $3.216
April 2, 2001, 7:44AM
Houston Chronicle
Campaign funds are a regularly milked cash cow
Texas legislators dip into coffers for a multitude of reasons, and though it
might not be ethical, it's legal for now
By ERIC BERGER
Copyright 2001 Houston Chronicle
AUSTIN -- When an aide accused state Sen. J.E. "Buster" Brown, R-Lake
Jackson, of sexual harassment 18 months ago, the legislator spent $1,150 from
his campaign coffers on an attorney. It was perfectly legal.
On Christmas Eve last year, Sen. Mike Jackson, R-La Porte, used campaign
money to pay his mother, Elinor Jackson, $9,000 for a used Lexus ES 300.
Kelley Blue Book values a 1994 model in excellent condition at $7,700.
Jackson said he uses the car only for campaigning.
Another local senator, Rodney Ellis, D-Houston, walked into River Oaks Jeep
in 1999 and used campaign funds to buy a $37,400 Jeep Cherokee. Although the
vehicle will be more than three years old when he faces re-election, the
purchase was legal, too. Ellis, whose personal car is a Chrysler Sebring,
said the Jeep is used for campaigning.
Texas legislators, who are paid just $600 a month, seem unlikely to change
the laws governing their use of campaign contributions any time soon.
In what probably will be the centerpiece of campaign-finance reform this
session, state lawmakers say they will consider legislation this week that
tightens contribution reporting requirements. Yet none of this session's
proposed reforms would affect the broad discretion legislators have with the
thousands -- and in some cases, millions -- of campaign dollars they collect.
"Current law covers expenses," said Pete Gallego, D-Alpine, who is the
architect of the proposed reforms.
But a Houston Chronicle analysis shows that these laws aren't being enforced.
Officeholders may not spend their contributions on personal expenses, such as
clothing. To ensure this, legislators are required by law to itemize each
campaign expense on their reports. But many don't.
A Chronicle review of campaign-finance records from 1998, 1999 and 2000 found
that at least four of seven senators and 10 of 25 representatives who
represent parts of Harris County broke these itemizing laws.
A typical case is that of Rep. Debra Danburg, D-Houston, who in March 1999
used campaign contributions to write a $4,000 check for "various small
expenses on credit card."
Earlier this year, Rep. Joe Crabb, R-Kingwood, reimbursed himself $10,000 for
"political expenditures made from personal funds during prior campaigns for
state representative."
The problem, say advocates of campaign-finance reform, is that it is
impossible to know whether such reimbursements were for legitimate expenses
or personal use. Even more troubling, they say, public officials are not
likely to be questioned about their spending habits.
Adding more laws to regulate contributions is probably not the answer,
reformers say. Existing laws need to be enforced first.
The state agency charged with enforcing the rules, and with keeping
campaign-finance reports, is the Texas Ethics Commission. But the commission
does not review the records it collects to ensure that the politicians comply
with the law. It has never used its full powers of investigation to look into
questionable contributions and expenditures.
Critics contend that it was designed that way by lawmakers in 1991.
"I think the Ethics Commission has excellent personnel," said Fred Lewis,
president of the Austin-based reform group Campaigns for People. "But I think
it was structured to fail."
A citizen must file a formal complaint before the Ethics Commission will
review a record. This occurs most commonly with late filings.
No complaints were filed last year for any candidate's failure to itemize,
for submitting an incomplete report or for using contributions for personal
expenses, according to the agency.
Even when there is a fine, no matter how stiff, an officeholder can simply
pay it out of campaign funds.
There's more still to the story, Lewis and other critics say. If a complaint
cannot be settled initially, as most are, a complex process ensues that
includes a preliminary hearing, an informal hearing and a formal hearing.
It is only at the last stage, the formal hearing, that the eight appointed
commissioners can subpoena a witness, said the agency's general counsel,
Karen Lundquist.
The Ethics Commission has held only one informal and one formal hearing since
its creation, and it has never issued a subpoena.
That the state's agency to monitor money and politics in Texas has conducted
virtually no in-depth probes shocked Houston attorney Mickey Jo Lawrence, who
was appointed a commissioner last October by then-Gov. George W. Bush.
Lawrence said that when she inquired during meetings why the agency wasn't
more aggressively pursuing possible wrongdoing, she was told it was frowned
upon by legislators.
To do otherwise, Lawrence said she was told, would threaten funding for the
commission.
Another legislative vise on the agency is a code that provides stiff criminal
and civil penalties for releasing confidential information about a complaint.
Such a violation is a Class A misdemeanor, punishable by a $4,000 fine and
one year in jail. Additionally, a violator faces a $10,000 fine or damages,
whichever is higher, including court costs and attorneys' fees.
Most state agencies have disclosure laws, but none has such stiff penalties,
Lawrence said.
With these penalties, she and others said, Ethics Commission staffers are
afraid that if they interview a witness about a complaint, they will have to
explain the complaint during the interview, thereby violating the disclosure
law. Thus, few if any witnesses have ever been interviewed.
"It creates a very chilling effect on our investigations," Lawrence said.
Harris County Democratic Party Chairwoman Sue Schechter, a House member when
the legislation passed in 1991, agreed, saying the penalties effectively shut
down the Ethics Commission. The legislation was passed in the waning hours of
the session, and numerous amendments were slipped in, Schechter recalled.
"But I haven't talked to anyone from that time period who remembers putting
that in the law," she said.
A remedy to these stiff penalties has been offered this session by Sen. Jon
Lindsay, R-Houston, in the form of Senate Bill 1452, which would remove the
penalties and clarify the law to allow Ethics Commission staff members to
interview witnesses.
The bill has not yet been scheduled for a hearing in the State Affairs
Committee.
(Lindsay, incidentally, had the largest expense of the Harris County
delegation. He gave $122,000 to the Greater Houston Community Foundation. The
foundation -- with a luminous board of directors including retired banker Ben
Love, the Rev. Kirbyjon Caldwell and Enron Corp. Chief Executive Officer
Jeffrey Skilling -- manages donations from numerous givers. So far, Lindsay
said, he has designated about one-fifth of the money for his church, Klein
United Methodist, and a charity, Northwest Assistance Ministries. He also has
donated money to his alma mater's scholarship fund. Lindsay said he is doing
good works with his excess campaign money.)
Two critics of the original bill that created the commission, U.S. District
Judge John Hannah, who was then secretary of state, and Travis County
District Attorney Ronnie Earle, said the Ethics Commission has at least
proved to be an effective clearinghouse of information.
Neither said he was aware of how little investigative work the agency has
done.
Hannah and Earle said that in 1991 they thought lawmakers should have given
district attorneys the power to investigate and charge officeholders for
misconduct with campaign funds.
By leaving the power to a commission, for which lawmakers had control of
funding, they retained a means of control, say critics of the commission.
"It can act as a cover as well as a help," Hannah said. "But I think the
commission tries to do their jobs well."
Reformers such as Lewis believe the best bet for strengthening the Ethics
Commission, beyond Lindsay's legislation, is its upcoming Sunset Review.
Under this review process, state agencies undergo extensive studies of their
performance. Recommendations are made to either improve the agency or close
it down. A bill must be passed during the subsequent legislative session, in
this case 2003, to keep the agency running. | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Thomas A Martin/HOU/ECT on 03/20/2001
03:49 PM ---------------------------
Thomas A Martin
10/11/2000 03:55 PM
To: Patrick Wade/HOU/ECT@ECT
cc:
Subject: Re: Guadalupe Power Partners LP
The deal is physically served at Oasis Waha or Oasis Katy and is priced at
either HSC, Waha or Katytailgate GD at buyers option three days prior to
NYMEX close. | {
"pile_set_name": "Enron Emails"
} |
The request has been completed with all resources requested either completed or rejected. You can view the details of the request by clicking http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000066505&Page=MyReq. | {
"pile_set_name": "Enron Emails"
} |
Ken Lay with Enron will not attend the meetings.
"Kapoor, Arrun" <[email protected]> on 02/26/2001 06:37:53 PM
To:
cc:
Subject: Eurasia Group Roundtables
Please find attached two invitations:
1. "Putin: One Year Later" with Mark Medish, former Senior Director of
Eurasian Affairs, National Security Council and Steve Solnick,
Associate Professor of Political Science, Columbia University. The event is
scheduled for Thursday, 8 March, at the Merrill House on
170 East 64th Street in New York.
2. REMINDER: "Political Stability in Ukraine" with Chairman of the Ukrainian
Socialist Party, Oleksandr Moroz. The event is scheduled for this
Wednesday, February 28th, from 8:30am-10am at Eurasia Group's New York
offices at 461 Fifth Avenue (40th Street)
If you would like to be removed from our distribution list, please reply to
this message and type 'REMOVE' in the subject line.
If you have already RSVPed to the second invitation, please disregard.
***************************************
Arrun Kapoor
Director, Programming
Eurasia Group
461 Fifth Avenue, Floor 14
New York, New York 10017
t: 212.213.3112
f: 212.213.3075
www.eurasiagroup.net
- Putin One Year Later - Carnegie.pdf
- Putin One Year Later - Carnegie.doc
- Invite NY.pdf
- Invite NY.doc | {
"pile_set_name": "Enron Emails"
} |
that is just gross | {
"pile_set_name": "Enron Emails"
} |
Yes, I'll be working a regular 5x8 schedule.
What voicemail? Are you thinking of someone else?
-----Original Message-----
From: Fagan, Fran
Sent: Tuesday, February 26, 2002 10:54 AM
To: Donoho, Lindy
Subject: RE: Lindy Donoho - Work Schedule
Are you going to be working a regular 5x8 schedule?
Did my voicemail address your question from yesterday?
Thanks,
Fran
-----Original Message-----
From: Donoho, Lindy
Sent: Tuesday, February 26, 2002 10:49 AM
To: Robertson, Audrey
Cc: Fagan, Fran; Harris, Steven
Subject: Lindy Donoho - Work Schedule
Effective March 1, 2002, I will not be working the 9/80 schedule anymore. Please let me know if you need anything else from me.
Thanks,
Lindy | {
"pile_set_name": "Enron Emails"
} |
Thanks for the note. I will definitely look for you in San Antonio. I would
love to hear about your new role. We miss seeing you in ENA. (I guess that
is now Enron Americas!) --Sally
Jordan Mintz
11/12/2000 12:05 PM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Today the World, Tomorrow....Who Knows!?
Sally: Just a quick note to congratulate you on your increased role in the
Enron world.
Hopefully, we'll have a chance to catch-up at the MC meeting later this week.
Jordan | {
"pile_set_name": "Enron Emails"
} |
I have received your E-Mail .
Steve,
I have likewise done alot of reflecting about our dinner and the events that
followed. As of now I have no plans to do business with Natsourse. You need
to also be aware that this will include Gulf Coast Basis and Gas Dailys.
Thank You | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Gary A Hanks/HOU/ECT on 06/15/2000 02:35
PM ---------------------------
Enron North America Corp.
From: Gary A Hanks 12/09/99 04:37 PM
To: Shawna Flynn/HOU/ECT@ECT, Connie Sutton/HOU/ECT@ECT, Mary
Solmonson/HOU/ECT@ECT, Mary M Smith/HOU/ECT@ECT, Lauri A Allen/HOU/ECT@ECT,
Daren J Farmer/HOU/ECT@ECT
cc: James McKay/HOU/ECT@ECT
Subject: McMullen Outage
Shawna - In addition to the meters sent to you in the earlier memo on the
McMullen system, the following meters were shut in at approximately 12:00 PM
on Thursday, December 9, 1999. These meters were shut in order to install
pigging facilities to remove liquids from the McMullen 12". These producers
should be brought back on-line sometime in the afternoon of December 10. 1999.
986847 Dolan Gas Unit #1
989604 Baker Central Point (Pioneer)
989638 Freeman Production - Maxine Field
989698 Mclean Bowers Central Point (Cordell)
989700 Tesoro Hoskins Central Point
989737 Pickett Texan Central Point
985853 Riser C/P Arco
986181 Houdman #1 (Cokinos)
986359 Sanger Heirs#351-1 CDP
986581 Sanger Heirs CDP
986682 Lynes J.R. Et Al #1
986845 Swierc #1
Once pigging facilities are in place, the McMullen 12" will be pigged
(sometime early next week, week of Dec. 13) and all of the producers in the
following attachment will be brought back on line.
If you have any questions, please call me at 36449.
Thanks
Gary | {
"pile_set_name": "Enron Emails"
} |
Eric, Need your help on this. Let's get a copy of the grazing lease that
Candy is referring to in the E-mail. I am not clear on what she means by
having Merl operate the well. I think she means allow him to graze this area
under the terms of his existing lease, but I am not sure. Can you get with
Candy on this? Thanks.
----- Forwarded by Gerald Nemec/HOU/ECT on 08/22/2000 09:14 AM -----
Candace L Bywaters
08/18/2000 07:21 AM
To: David Kantenberger/GCO/Enron@ENRON
cc: Nathan L Hlavaty/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, John
Towles/NA/Enron@ENRON
Subject: Water Well @ Bammel
Nathan tells me that he has a request in to you for a dollar evaluation of
the Hamill Gas Unit #1 water well that EOG recently assigned and conveyed
over to HPL at my request. Please advise me at your earliest convenience
what that value may be so that we can appropriately get it on our asset
ledger. I am also awaiting a response from John Towles as to a clearer plat
on this property as was originally requested by EOG some time ago which I
assume we will use as an exhibit to the Operating Agreement..
Also, by copy hereof, I ask that Gerald or his designee prepare an Operating
Agreement between HPL and Merl Vanek whereby Merl will be entitled to operate
this well for purposes of his grazing lease at this facility. HPL desires
that Merl operate this well at his sole cost and expense and maintain it in
good working order. We can make the term of this Operating Agreement
coterminous with his grazing lease which is established under an October 1,
1998 Grazing Lease with an original term of one year from that date and
year-to-year thereafter unless sooner terminated by at least 90 days' advance
written notice prior to the end of the original term or any renewal term
thereafter by one party to the other. Merl's address is 2634 Milroy Lane,
Houston, TX 77088 with a phone number of 281-444-8689 and a fax number of
281-587-4200. I have already advised Merl of the effective ownership of this
well by HPL and he will be operating it accordingly as his need to do so is
urgent, so I request that this document be prepared as soon as possible in
consideration of HPL's liability.
Thanks to all for your help on this. | {
"pile_set_name": "Enron Emails"
} |
PLEASE IGNORE THIS LIST -- IT IS INACCURATE. APOLOGIES!
-----Original Message-----
From: Stacy Carey
Sent: Friday, January 12, 2001 9:56 AM
To: US REGULATORY COMMITTEE
Subject: Senate Banking Committee and Subcommittee Members
Committee on Banking, Housing, and Urban Affairs
DATE DATE
MEMBER APPOINTED POSITION MEMBER APPOINTED POSITION
Gramm (TX) 02-21-85 Ranking Sarbanes (MD) 02-11-77 Chairman
Shelby (AL) 01-04-95 Dodd (CT) 01-05-81
Bennett (UT) 01-07-93 Kerry (MA) 02-02-89
Allard (CO) 01-09-97 Johnson (SD) 01-09-97
Enzi (WY) 01-09-97 Reed (RI) 01-09-97
Hagel (NE) 01-09-97 Schumer (NY) 01-07-99
Santorum (PA) 01-07-99 Bayh (IN) 01-07-99
Bunning (KY) 01-07-99 Edwards (NC) 01-07-99
Crapo (ID) 01-07-99 Miller (GA) 09-12-00
Nickles (OK) 12-06-00
Republican Members: 10 Democrat Members: 9
Total Members: 19
Total Subcommittees: 5
----------------------------------------------------------------------------
-
Subcommittee on Economic Policy
DATE DATE
MEMBER APPOINTED POSITION MEMBER APPOINTED POSITION
Enzi (WY) 02-04-99 Reed (RI) 02-04-99 Ranking
Bunning (KY) 02-04-99 Dodd (CT) 02-04-99
Gramm (TX) 02-04-99 Ex Officio Sarbanes (MD) 02-04-99 Ex
Officio
----------------------------------------------------------------------------
-
Subcommittee on Financial Institutions
DATE DATE
MEMBER APPOINTED POSITION MEMBER APPOINTED POSITION
Hagel (NE) 02-04-99 Vice Chair Reed (RI) 01-28-97
Enzi (WY) 01-28-97 Schumer (NY) 02-04-99
Santorum (PA) 02-04-99 Edwards (NC) 02-04-99
Bunning (KY) 02-04-99 Johnson (SD) 01-28-97
Crapo (ID) 02-04-99 Bayh (IN) 02-04-99
Allard (CO) 01-28-97 Sarbanes (MD) 01-28-97
Gramm (TX) 02-22-95 Ex Officio
----------------------------------------------------------------------------
-
Subcommittee on Housing and Transportation
DATE DATE
MEMBER APPOINTED POSITION MEMBER APPOINTED POSITION
Allard (CO) 01-28-97 Chairman Edwards (NC) 02-04-99
Santorum (PA) 02-04-99 Dodd (CT) 02-22-95
Gramm (TX) 02-04-99 Sarbanes (MD) 02-04-99 Ex
Officio
----------------------------------------------------------------------------
-
Subcommittee on International Trade and Finance
DATE DATE
MEMBER APPOINTED POSITION MEMBER APPOINTED POSITION
Enzi (WY) 02-04-99 Chairman Johnson (SD) 02-04-99 Ranking
Crapo (ID) 02-04-99 Vice Chair Bayh (IN) 02-04-99
Hagel (NE) 01-28-97 Schumer (NY) 02-04-99
Gramm (TX) 01-28-97 Ex Officio Sarbanes (MD) 01-27-97 Ex
Officio
----------------------------------------------------------------------------
-
Subcommittee on Securities
DATE DATE
MEMBER APPOINTED POSITION MEMBER APPOINTED POSITION
Bunning (KY) 02-04-99 Vice Chair Dodd (CT) 02-02-89 Ranking
Allard (CO) 01-28-97 Schumer (NY) 02-04-99
Hagel (NE) 02-04-99 Bayh (IN) 02-04-99
Santorum (PA) 02-04-99 Johnson (SD) 01-28-97
Crapo (ID) 02-04-99 Reed (RI) 02-04-99
Gramm (TX) 02-04-99 Ex Officio Edwards (NC) 02-04-99
Sarbanes (MD) 01-28-97 Ex
Officio
****************************************************************************
* | {
"pile_set_name": "Enron Emails"
} |
please see attached.
?
Rick Vicens
Delta Power Company, LLC
89 Headquarters Plaza
North Tower, 14th Floor
Morristown, NJ? 07960
(973) 993-1854 phone
(973) 326-1821 fax
[email protected]
www.deltapower.com
- Letter of Intent (Delta Redline -1).DOC | {
"pile_set_name": "Enron Emails"
} |
John:
You aware of, know anything about, this?
Best,
Jeff
> MOTION SEEKING ORDER OR STAY CANCELING OR SUSPENDING CALIFORNIA DEPARTMENT
> OF WATER RESOURCES LONG-TERM ENERGY CONTRACTS AND ASSOCIATED IOU RATE
> SCHEDULES FOR LACK OF PROPER NOTICE UNDER THE FPA
>
> Pursuant to Rules 212 of the Rules and Practices and Procedures of the
> Federal Energy Regulatory Commission ("FERC"), 18 C.F.R. 385.212,
> CAlifornians for Renewable Energy, Inc. ("CARE"), moves for the
> Commission's consideration and action to remedy the illegal execution of
> long-term energy contracts by the California Department of Water Resources
> ("DWR") in regards to the CARE and other party's complaints in EL00-95
> et.al. Under section 205(c) of the Federal Power Act (49 Stat. 851; 16
> U.S.C. 824d(c)) the DWR long-term energy contracts recently disclosed
> through legal action by the California legislature and press requires that
> these contracts "shall be tendered for filing with the Commission and
> posted not less than sixty days nor more than one hundred-twenty days
> prior to the date on which the electric service is to commence." We
> contend that DWR has failed to comply with the requirements of the FPA in
> this matter. The remedy CARE seeks is for the Commission to issue an Order
> or Stay canceling or suspending such long-term energy contracts and
> associated IOU rate schedules (yet to be submitted to the Commission)
> pursuant to FPA section 205 (c).
>
> DWR disputes its requirements to provide proper notice prior to execution
> of said long-term contracts to all the parties to this case and to the
> public who have in a statutory and constitutional right to comment on
> expenditures of the public's funds in this manner by DWR. In response to
> CARE's CPRA request DWR states the "Department's purchases and sales of
> power are exempt from the Federal Power Act because DWR is a state agency.
> Section 201(f). To the extent that the Department engages in purchases or
> sales with counterparties who are subject to Federal Power Act
> jurisdiction, any obligation to file with FERC or otherwise comply with
> the Act lies with the counterparty to the contract, and not the
> department."
>
> CARE contends that DWR is acting as an "designated representative" for the
> Investor Owned Utilities ("IOUs") in the purchase of energy in California,
> pursuant to 18 CFR 35.1 (a), without authorization by the Commission.
>
> "In cases where two or more public utilities are required to file
> rate schedules or certificates of concurrence such public utilities may
> authorize a designated representative to file upon behalf of all parties
> if upon written request such parties have been granted Commission
> authorization therefore."
>
> CARE contends these actions by DWR violated the requirements of 18 CFR
> 35.1 (4)(e).
>
> "No public utility shall, directly or indirectly, demand, charge,
> collect or receive any rate, charge or compensation for or in connection
> with electric service subject to the jurisdiction of the Commission, or
> impose any classification, practice, rule, regulation or contract with
> respect thereto, which is different from that provided in a rate schedule
> required to be on file with this Commission unless otherwise specifically
> provided by order of the Commission for good cause shown."
>
> CARE contends that ample evidence of DWR's acting as the California IOU's
> "designated representative" is provided by DWR's request to the California
> Public Utilities Commission ("PUC") for a Revised Revenue Requirement and
> Power Purchase Costs Pursuant to Water Code Section 80110 and Public
> Utilities Code Section 451 , which is further illustrated by the PUC's
> Administrative law Judge's Ruling on the August 7, 2001 Revenue
> Requirement of the DWR regarding the IOU S.D.G. & E. applications
> 01-10-044, and 01-01-0045 to the PUC , which states:
>
> "SDG&E shall present alternative calculations of the required system
> average rate increases that (1) collect the DWR-related rate increases
> over the remaining 5 quarters of the revenue requirement period set forth
> in Table A-6 (i.e., the fourth quarter of 2001 and the four quarters of
> 2002), (2) collect the DWR-related rate increases over the next 8 quarters
> (i.e., the fourth quarter of 2001, the four quarters of 2002, and the
> first three quarters of 2003), and (3) collect the DWR-related rate
> increases over the period from September 1, 2001 through December 31,
> 2002."
>
> Clearly it is the intent of the DWR to act as the IOU's "designated
> representative" to seek approval from the PUC "to collect the DWR-related
> rate increases".
>
> CARE reiterates, it is the public policy that public agencies exist to aid
> in the conduct of the people's business and that the proceedings of public
> agencies be conducted openly so that the public may remain informed. It is
> the intent of the law that actions of public agencies be taken openly and
> that their deliberation be conducted openly. The people do not yield their
> sovereignty to those agencies that serve them. The people, in delegating
> authority, do not give their public servants the right to decide what is
> good for the people to know and what is not good for them to know. The
> people insist on remaining informed so that they may retain control over
> the instruments they have created. DWR has breached its public duties by
> failing to provide for myself, CARE, its members, and other members of the
> public, our statutory and constitutional right to comment or protest these
> long-term energy contracts executed by DWR, the associated expenditures of
> the public's funds, and associated rate increases to California energy
> consumers.
>
> In conclusion the Remedy CARE seeks is for the Commission to issue an
> Order or Stay canceling or suspending such long-term energy contracts and
> associated IOU rate schedules (yet to be submitted to the Commission)
> pursuant to FPA section 205 (c), or under what ever statutory authority as
> you deem appropriate.
>
> Respectfully submitted,
> Michael E. Boyd President, CARE 8-28-01 (408)
> 325-4690
> <<...OLE_Obj...>>
> | {
"pile_set_name": "Enron Emails"
} |
-----Original Message-----
From: Perez, Irma
Sent: Thursday, September 20, 2001 10:41 AM
To: Hill, Robin; Muchmore, Nancy; Scrudder, Tami; Santos, Claudia; Trevino, Maricela; Karathanos, Gina; Cook, Mary; Hankins, Barbara; Hearn III, Ed B.; Maxwell, Matt; Funk, Brenda L.; Tidrow, Norma; Abrams, Clement; Heinitz, Mary J.; Almoina, Denise; Braddy, Martha; Hagerty, Lauren; Flores, Nony; Vassel, Sandra; Kelly, Sue; Ogden, Mary; Korkmas, Deb; Carnahan, Kathleen; Henton, Alvin; Buckley, Cindy; Delahay, Julie; Merone, Aline; King Jr., Frazier; McSpadden, Carol; Eickenroht, Robert; Heard, Marie; Panus, Stephanie; Duron, Rosy; Mckeever, Darlene
Cc: Callahan, Teresa
Subject: updating information
We are trying to update our information and I would really appreciate if you all could help me by giving me the most current information........
Name:
Location:
Phone Number:
Group Name:
Fax Number:
Asst. Name:
Asst. Location:
Asst. Ph. Number:
On behalf of Teresa Callahan and myself I would like to thank you all for your time and help. If you have any questions please feel free to contact me by e-mail ([email protected]) or at Ext. 3-9228. If I left any specialist or legal assistants out of this list please forward this e-mail to them as well. Once again I would like to thank you all for your help.
Irma L. Perez :) | {
"pile_set_name": "Enron Emails"
} |
Yan,
Please make the PGE daily report (#26) available on your website. Thanks.
Mat | {
"pile_set_name": "Enron Emails"
} |
CALENDAR ENTRY: INVITATION
Description:
meeting w/ Sanjay
Date: 4/9/2001
Time: 2:30 PM - 3:30 PM (Central Standard Time)
Chairperson: Stacey W White
Detailed Description: | {
"pile_set_name": "Enron Emails"
} |
Gerald, Can you please get with Bob and Ken and draft an assignment,
assigning all these permits to Enron Midstream Services, L.L.C. Thanks.
Shonnie
----- Forwarded by Shonnie Daniel/HOU/ECT on 07/18/2000 07:26 PM -----
Shonnie Daniel
07/18/2000 07:26 PM
To: Ken Choyce/DEN/ECT@ENRON
cc: Robert Walker/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT
Subject: Re: ownership change
Ken, This looks fine..as long as we are certain that only notification is
required to effectuate this change. Send a copy of each letter to Bob
Walker.
Shonnie
Ken Choyce@ENRON
07/18/2000 04:56 PM
To: Shonnie Daniel/HOU/ECT@ECT
cc:
Subject: ownership change
Shonnie,
I plan to put this on Enron letterhead and put my name and number on it.
Could you please review it and let me know if you have any comments?
Thanks
Ken
---------------------- Forwarded by Ken Choyce/DEN/ECT on 07/18/2000 04:40
PM ---------------------------
Enron Capital & Trade Resources Corp.
From: [email protected] 07/18/2000 03:07 PM
To: [email protected]
cc:
Subject: ownership change
Ken,
Take a look and let me know if you have corrections or if you want to send
in under your letterhead.
(See attached file: Enron change of ownership.xls)(See attached file:
Change of ownership.doc)
Joe Lundeen
Senior Engineer
Radian International/URS Corp.
303.675.2615 (office)
303.292.5860 (fax)
303.378.8537 (mobile)
- Enron change of ownership.xls
- Change of ownership.doc | {
"pile_set_name": "Enron Emails"
} |
Effective November 21, 2000, there will be a new procedure for lunch. EOL
traders and deskheads will eat first. Then, your assistant will notify you
when the rest of the traders can eat. This new procedure is to ensure the
EOL traders will not be away from their desk a long period time during
lunch.
Thank you for your cooperation. | {
"pile_set_name": "Enron Emails"
} |
modified to fit the fact case.....
Ten Cents A Dance
Ten cents a dance, that's what they pay me
How those FERC filings, they weigh me down
Ten cents a dance, staffers and rough guys
Tough guys who tear my gown
Seven to midnight, me and Cap'n Morgan
Loudly the Mary Kay blows
Faxes and EMails are consortin'
Glen Hass, get off my toes!
Sometimes I think I've found my hero
But it's a queer romance
All that you need is a ticket
Come on, Steve-y boy, ten cents a dance! | {
"pile_set_name": "Enron Emails"
} |
I'm glad you like your gifts. I got tired of waiting on my assistant so I
took up sewing (for Hector) and metal working type stuff for your goodies.
I'm helping Joanie move to Maryland this weekend. I'm out Friday, Monday,
and Tuesday.
AND I've been putting photo's on the web. I bought a digital camera. Take a
look . Go to ==> http://www.cartogra.com/home/home.asp
Then go to the box in the bottom right side of the screen where it says "new
to cartogra?". Enter my account name "trogg522" in the space beneath and
click on the arrow.
Later :o)
"Immer, Ingrid" <[email protected]> on 09/11/2000 04:30:04 PM
To: "'[email protected] '" <[email protected]>
cc:
Subject:
Hi Chris,
I just called you a while ago and they said you'd call me back.? I may not be
at my phone when you call because I'm at my other desk for the rest of the
afternoon.
I called to thank you for the goody package I received this afternoon.?
Hector likes his golf shirt and my pen and pencil are very nice.? I've
already tested them both.
I'm going to be visiting the New York customers this week and I'll probably
take my new pen and pencil with me, if I can figure out a way to cover up the
Enron part.
Hope you are well.? Let's talk soon so we can act like tomatoes and catchup.?
:)
Take care.?? ii | {
"pile_set_name": "Enron Emails"
} |
Anne,
Shalesh told me that his visited his HR screen some time ago and it showed a promotion to an Associate.
This entry was reversed later.
Any reason for that? It may be related to his transfer from EBS.
We can check with his previous business unit whether they gave /promised him a promotion.
Vince
-----Original Message-----
From: Ganjoo, Shalesh
Sent: Thursday, August 16, 2001 7:15 AM
To: Kaminski, Vince J
Subject: Promotion issue
Vince,
As per our conversation yesterday I would very much appreciate it if you could help me with this matter. I was under the impression that I would be promoted to Associate this August, which according to my pay stub and eHRonline hasn't occurred. According to the A/A rules, a copy of which I am attaching below, an Analyst can be promoted to Associate if he/she falls under one of the criteria among several. The one I believe I am eligible under states:
- completed 2 years in the Program; have a performance rating of Excellent or above; and have either (1) an appropriate graduate degree or (2) 1 year of relevant commercial work experience prior to Enron
Please let me know if there is anything else you need from me to look into this issue. Thank you very much for your time and help.
Shalesh | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Darron C Giron/HOU/ECT on 01/05/2001
10:00 AM ---------------------------
Dawn C Kenne
01/05/2001 09:56 AM
To: Jeffrey C Gossett/HOU/ECT@ECT
cc: Kam Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, David
Baumbach/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Jayant
Krishnaswamy/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT, Tara
Sweitzer/HOU/ECT@ECT
Subject: Sitara hedges not linking
Can you please advise your groups to contact either EOL or Jay Krish or Dat
Truong when you find a sitara hedge not linked to the sitara physical deal?
Once you find this, please do not create or kill the hedge until the sitara
team has a chance to look at the deals.
Let me know if you have any questions.
Dawn
3-9353
Tara Sweitzer 3-4523
Jay Krish 3-5768
Dat Truong 6-3015 | {
"pile_set_name": "Enron Emails"
} |
I may have to get with you in the morining on this.
From: John M Singer @ ENRON 04/02/2001 01:43 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Delivered to Equitrans
Chris,
What is you BID for TETCO delivered to Equitrans for the May01/Oct01 period
for 3,000-5,000/day for Dominion Field Service (same as the Apr deal)?
John | {
"pile_set_name": "Enron Emails"
} |
Terry: I am pleased that you will serve and appreciate your question asking
for objectives and goals. The goal is to get information defining what each
Enron group wants in energy services liberalization. Second is to have them
define by country the impediments to our businesses that we want addressed in
a WTO energy services negotiation and third, what groups or companies in
various regions of the globe can we enlist to lobby their government in
support of an energy services agenda.
Ideally I would like to have input by January 15, 2000. Perhaps we can all
meet in Houston about that time to exchange written information, discuss it
and plan a strategy for 2000.
I will attach the questionaire that Bob Fisher of the Hills group prepared
from the Rachel Thompson paper that was distributed to Energy Services
Coalition members in November and asked that they complete it by the middle
part of December which is today. So far we have had very little response.
The WTO is to meet in Geneva this week to decide a schedule to consider
"services" starting this year. Despite the fact that Seattle did not launch a
formal round of negotiations, the Uruguay Round concluded seven years ago
mandated that the WTO begin negotiations on agrucultural and services
liberalization in 2000. The next formal meeting of the WTO is January 25 in
Geneva.
Joe | {
"pile_set_name": "Enron Emails"
} |
Thresa:
Just FYI, the items below are requests of all brokers and ENA/ECT Investments, Inc. provide our own format (i.e., we do not use the broker's format).
Please forward the agreement when you receive. Thanks. Sara
-----Original Message-----
From: Brogan, Theresa T.
Sent: Friday, October 12, 2001 4:33 PM
To: Shackleton, Sara
Subject: Keefe, Bruyette & Woods
Sara,
We are looking to restart the process of establishing an executing broker agreement with Keefe, Bruyette & Woods. We had temporarily put this on hold due to the WTC attack. We have been given a new contact. Sheila had previously already sent the memo to authorize going forward with the process. Below are their requirements for account set up:
1. Corporate Resolution
2. Trading Authorization
3. Settlement Instructions.
I am trying to get them to fax me their broker agreement. As soon as I receive some documentation, I will forward to you.
Thanks,
Theresa | {
"pile_set_name": "Enron Emails"
} |
Hey Chris,
Invoice indicates that the PAL Contract number is PAL1001 for both.
Deal 1424 is the one that shows a negative (96,000) balance and Deal 1222 indicates a 266,241 balance.
Kelli's spreadsheet indicates that 8588 was sold a day Jan 1-Jan 8, 2002. This sell needs to be verified as well as the price it was sold for. If this sell is correct, the new balance would be 197,537?
Like I mentioned before, Kelli indicates that a letter was received that indicates that the 96,000 was withheld for PAL and 101,437 was withheld until payment received. I do not have a copy of the letter, but it would be helpful to know who in legal is working on this.
Ed needs to know the status of the storage and the action plan(s) to move into liquidation. Let me know.
Thanks for you help.
Maria | {
"pile_set_name": "Enron Emails"
} |
The NomLogic Beta Program is about to begin! Before you use NomLogic during trading hours, we would like for you to log-in and use the product in conjuction with your counterpart at Sempra Trading/Enron North America. In the instance that your counterpart is out of the office, please log-in on your own.
When:
Today, Wednesday, June 6, after 2 pm CST, at your convenience, YOUR DESK
Who:
Contact your Sempra Trading/Enron North America counterpart
Plan on a good time (after 2pm CST) to use the module
What:
Use NomLogic in the beta environment, beta.commoditylogic.com
Use your user id and password to access your pipeline and deal data
Edit deals in NomLogic for the Friday, June 8 GAS FLOW day
Use "real data" if known, use "fake data" (contracts, package id's, etc.) if unknown
Questions/Feedback/Troubleshooting:
CommodityLogic Call Center 1-888-334-4204
Molly Sumrow 713-853-4249
Carrie Slagle 713-853-9810
Thank you, and we look forward to your participation in NomLogic's beta program!
Carrie Slagle | {
"pile_set_name": "Enron Emails"
} |
I would like to move to the new garage. Let me know what I need to do.
Parking & Transportation@ENRON
Sent by: DeShonda Hamilton@ENRON
05/03/2001 03:08 PM
To: Thresa A Allen/HOU/ECT@ECT, Veronica I Arriaga/HOU/ECT@ECT, Michael
Barber/Enron@EnronXGate, Eric Boyt/Corp/Enron@Enron, Christine
Drummond/Enron@EnronXGate, Tom Dutta/HOU/ECT@ECT, Hal Elrod/Enron@EnronXGate,
Lisa Gillette/Enron@EnronXGate, Mathew Gimble/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Brian Kerrigan/Enron@EnronXGate, Kevin
Kuykendall/Enron@EnronXGate, Andrew H Lewis/Enron@EnronXGate, Molly
Magee/Enron@EnronXGate, Kim Melodick/Enron@EnronXGate, Chris
Meyer/Enron@EnronXGate, Gerald Nemec/HOU/ECT@ECT, John
Norden/Enron@EnronXGate, Laura Podurgiel/HOU/ECT@ECT, Daniel R
Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard B Sanders/HOU/ECT@ECT,
Janelle Scheuer/Enron@EnronXGate, Susan Scott/enron@enronXgate, Sara
Shackleton/HOU/ECT@ECT, Ron Tapscott/HOU/ECT@ECT, Alan Aronowitz/HOU/ECT@ECT,
Adriana Celedon/HOU/ECT@ECT, Sheila Graves/Enron@EnronXGate, Wilford
Stevens/Enron@EnronXGate, Soo-Lian Eng Ervin/Enron@EnronXGate, Dorie
Hitchcock/HOU/ECT@ECT, Janie Aguayo/HOU/ECT@ECT, Kyle
Kettler/Enron@EnronXGate, Kay Mann/Corp/Enron@Enron, Brad
McSherry/Enron@EnronXGate, Patti Sullivan/Enron@EnronXGate, Hope
Vargas/Enron@EnronXGate
cc: Louis Allen/EPSC/HOU/ECT@ECT, Steve Woods/EPSC/HOU/ECT@ECT, Raquel
Lopez/Corp/Enron@ENRON
Subject: Enron Center Garage
The Enron Center Garage has opened.
Employees who work for business units that are scheduled to move to the new
building and currently park in the Allen Center and Metropolitan garage are
being offered a parking space in the new Enron Center garage.
This is the only offer you will receive during the initial migration to the
new garage. Spaces will be filled on a first come first served basis. The
cost for the new garage will be the same as Allen Center garage which is
currently $165.00 per month, less the company subsidy, leaving a monthly
employee cost of $94.00.
If you choose not to accept this offer at this time, you may add your name to
the Enron Center garage waiting list at a later day and offers will be made
as spaces become available.
The Saturn Sky Ring that connects the garage and both buildings will not be
opened until summer 2001. All initial parkers will have to use the street
level entrance to Enron Center North until Saturn Sky Ring access is
available. Garage stairways next to the elevator lobbies at each floor may be
used as an exit in the event of elevator trouble.
If you are interested in accepting this offer, please reply via email to
Parking and Transportation as soon as you reach a decision. Following your
email, arrangements will be made for you to turn in your old parking card and
receive a parking transponder along with a new information packet for the new
garage.
The Parking and Transportation desk may be reached via email at Parking and
Transportation/Corp/Enron or 713-853-7060 with any questions.
(You may enter & exit on Clay St. and Bell St., also pedestrians, will have
to use the garage stairwell located on the corner of Bell & Smith.)
Please respond via e-mail if you are interested in acquiring one of these
spaces. | {
"pile_set_name": "Enron Emails"
} |
----- Forwarded by Mark Taylor/HOU/ECT on 02/16/2001 02:39 PM -----
Ruth Ainslie <[email protected]>
02/16/2001 11:46 AM
To: Mark Haedicke <[email protected]>, Mark Taylor
<[email protected]>
cc: Pedro Martinez <[email protected]>, Stacy Carey <[email protected]>
Subject: Mexico City Conference - FEBRUARY 16, 2001
Here's the article I mentioned. (Also in today's Press Report -
with same copyright caveat!).
This is particularly interesting in light of our conversation on the
May 7-8 Mexico City ISDA Conference we are planning. The agenda is "in
formation". Jose Manuel (Board liaison) and Diane Genova (Chair) of the
Latin American Committee are enthusiastically involved and Pedro is our
staff liaison. We have great support from the Bank of Mexico, NAFINSA,
Mexder (the exchange) and the Mexican Banking Association (all of which will
contribute speakers). We would very much welcome one or more Enron speakers
- particularly from the region. (We contemplate simultaneous
Spanish/English and English/Spanish translation to accommodate and encourage
both English and Spanish speakers). Bob, Diane, Jose Manuel will also be
speakers.
Here's a preview of the still very preliminary (and uncirculated)
Agenda:
DAY 1:
_morning
Intro
Keynote
History and Development of OTC Derivatives
Legal and Regulatory Standards in the Global Derivatives Markets
Risk Mangement in the Derivatives Markets
Overview of ISDA and current Activities
_afternoon
3 Workshops*
I. Comparative analysis: Local Master Agreements and the ISDA
Master Agreement
II. Current Approaches to Risk Management
III. Financial Innovation: Growth and New Products*
DAY 2'
Keynote: Economic Outlook
Panel: OTC Derivatives in Emerging Markets _ Latin American Focus*
Credit and Equity Derivatives
Review of New Bankruptcy Law and Regulatory Developments
OTC Derivatives and Repo Transactions in Mexico
Accounting and Tax Treatment of Derivatives and Repos in Mexico
Synergy between Exchanges and OTC Derivatives in Mexico*
I've put asterisks in several places where Enron would be a terrific
addition. Other areas may also be appropriate. Please let Diane, Pedro or
me know your thoughts. Thak you.
Best regards, Ruth
> MANAGING NATURE WITH MARKET MEANS
> Latin Finance - February 16, 2001
> By Maria O'Brien
>
> Unpredictable weather and deregulation of Latin America's electricity
> industry have serious implications for power companies in the region. They
> must simultaneously manage the risks associated with nature as well as
> those inherent in a free market.
>
> In Argentina, Brazil and Chile, where power comes mainly from
> hydroelectric dams, the industry is vulnerable to fluctuations in
> rainfall. Meanwhile, privatization and deregulation of the electricity
> market in these countries will require generators and distributors to
> manage shortfalls and excesses in power more efficiently, a function
> financial markets are already fulfilling in the US and Europe. The use of
> financial hedges to mitigate risk is a trend companies and regulators in
> Latin America want to encourage.
>
> Mitigating weather risk is not an abstract problem for the Latin markets.
> In 1998, power generation in Chile nearly ground to a halt when droughts
> caused power cuts at hydroelectric generators. One of the most affected,
> Chile's Pullinque 49 megawatt hydroelectric dam, was forced to halt
> production when river water levels dropped drastically Scudder Kemper
> Investments and Energia Global International, who were investors in the
> project, rescued
> the plant in a $52 million deal.
>
> John Northrop, of Scudder's Latin American power group, says the company
> did not consider hedging against weather risk prior to the drought in
> 1998, since financial cover was written into the generator's 30-year power
> purchase agreement with Endesa, Chile's main power company and largest
> hydroelectric investor. Under a unique agreement between Endesa and the
> generator, Endesa had to buy power from Pullinque, but the plant was not
> required to supply power to Endesa. Unlike other hydroelectric plants in
> the region, Pullinque wasn't forced to purchase expensive natural gas
> power in the spot market to keep the plant running at a loss.
>
> During the drought, Endesa was unable to buy adequate hydroelectric output
> and had to rely on older, inefficient fossil fuel power plants to
> supplement hydroelectric production. Since then, Chile has begun importing
> natural gas power through the $325 million GasAndes pipeline from Mendoza
> in Argentina.
>
> Power companies in Brazil currently rely on assured power arrangements in
> which generators cover one another for shortfalls in energy. ma
> deregulated market, they will be able to buy and sell power as needed.
>
> The rising number of natural gas-fired merchant power projects, which sell
> all their power to the spot market when demand is high, shows how
> profitable this business can be. According to Capital DATA's global
> project finance database, financing for $4.5 billion worth of merchant
> power projects in Latin America is complete to date, with $10.2 billion in
> the pipeline. Argentina already has five operating merchant power plants
> supplying power to the spot market. Brazil is preparing itself for
> deregulation in 2003 with the launch of a thermoelectric power generation
> program that will build 49 new plants by 2003.
>
> US energy companies such as AES, Enron and Duke Energy are lining up to
> snap up distribution and generation companies in government
> privatizations. In Brazil alone, auctions of Cesp, the S?o Paulo
> generator, and Eletrobras, the federally owned generator, are expected
> this year.
>
> Following the lead of US energy companies, providers of risk management
> products are looking to get involved. One innovative risk management
> financing structure-for a power plant in Cartegena, Colombia-has been
> completed in the region and insurers, re-insurers and even investment
> banks are incorporating risk management into debt products in case another
> drought stifles hydroelectric power and injects price volatility into the
> spot market.
>
> Setting a Standard
> The Termocandelaria 314 megawatt 'peaking' gas-fired merchant power plant
> in Cartegena sells thermal power to Colombia's spot market. Colombia
> derives 70% of its power from hydroelectricity as a merchant power plant
> selling all its power to the spot market, Termocandelaria is 100% exposed
> to revenue risks.
>
> The sponsor, KMR Power Corp., originally planned to raise financing in
> 1998 with a high-yield debt issue in New York's 144A bond markets. When
> the bond market shut its doors to emerging market borrowers following the
> Russian crisis, the company was forced to look for an alternative
> financing scheme. KMR Power secured an agreement with Centre Solutions, a
> risk management unit of Zurich Financial Services, to guarantee an $85
> million subordinated loan structured to absorb power price volatility
> risks.
>
> Stefan Marti, vice president at the Centre Group in New York, says the
> insurance company determined KMR's debt repayments based on a seven-year
> projected rainfall profile. Termocandelaria scheduled repayments for
> periods when there was little rainfall and therefore increased demand for
> natural gas power in the spot market. Double A- rated Centre Solutions
> guaranteed to meet payments if revenues dipped. Marti says there were
> periods when Centre would make payments and recover them later.
>
> Once KMR Power secured this insurance, Bank of America agreed to syndicate
> a $90 million, five-year senior loan. Centre also took a $35 million chunk
> of the senior debt and five local banks joined the syndicate.
>
> Centre's participation was a landmark because until 1998, insurance was
> designed to cover catastrophic events and not to manage fluctuations in
> weather patterns. That year, MG Risk Finance, a division of the insurance
> company American International Group, developed its snow, temperature and
> rain management product to protect revenues that were adversely affected
> by unfavorable weather. MG provided insurance for an excess or shortfall
> in precipitation, extreme temperatures or any other weather event as
> measured by an independent weather source.
>
> Since the inception in the US of the weather risk management industry in
> 1997, and the creation of tradable financial instruments, approximately
> 5,000 weather derivative trades worth more than
> $5 billion have been completed.
>
> Enron was the first energy company in the US to develop weather risk
> management products. With $1.5 billion invested in hydroelectric projects
> in Latin America, the Houston-based energy conglomerate is convinced the
> potential for weather derivatives exists in that market.
>
> 'The appeal of a weather derivative" says Valter Stoiani, a marketing
> executive in Enron's global risk management group, "is that unlike
> insurance-which is designed to compensate for catastrophe and requires the
> buyer to submit a claim and demonstrate an actual loss- a derivative does
> not require proof of loss. Instead, settlement is based only on the
> performance of the index against a strike level with no up-front cost."
> Stoiani says that unlike insurance, transactions can be structured in many
> different ways. In one of the more popular forms, there is no up-front
> premium but the buyer is still able to exchange its variable exposure for
> a fixed exposure. The buyer receives financial compensation in the event
> of adverse conditions, but pays out in favorable weather.
>
> "The concept of a flexible and inexpensive derivative is appealing but
> difficult to implement in Latin America at the moment," says Stoiani,
> because the market lacks fundamental elements.
> Mark Tawney director of Enron's worldwide trading operations, agrees,
> adding that "the biggest problem for hedging weather risk in Latin America
> is the difficulty in assembling enough quality data."
>
> Unlike the National Weather Center in the US, there is typically no
> central pool of historic data in electronic form in Latin American
> countries. The quality of the data differs from country to country and in
> some countries there is little information available.
>
> Marti says Centre Solutions required 20 to 30 years of weather data to
> structure Termocandelaria's subordinated loan and "unlike other countries
> in Latin America Colombia's data is quite good." Stoiani says that without
> 30 to 50 years worth of meteorological information, "there is no
> foundation for a weather index as a benchmark for structuring weather
> derivatives."
>
> Jeff Kabel, director of trading and origination for Enron Argentina, says
> the company is working hard to educate local energy companies on the
> potential of weather derivatives "as a tool to manage cash flow exposure."
> But the lack of liquidity in the power trading markets is also a problem.
> Even in Argentina, with an active wholesale market since 1998, there is
> still relatively low liquidity.
>
> In Chile, the state energy commission still regulates prices for retail
> clients. In Brazil, Mitsumori Sodeyama, president of the country's power
> exchange administrator, ASMAE, does not expect liquidity to pick up until
> the market is fully liberalized in 2006, since the wholesale electricity
> market was just introduced in late 2000.
>
> The Brazilian electricity regulatory agency, known as Aneel, is
> encouraging investment in hydroelectricity and has invited bids for 31
> hydroelectric generation plants totaling $12.2 billion. John Foster,
> senior vice president of Latin America for InterGen, an international
> power company jointly owned by Bechtel Enterprises and Shell Generating,
> doesn't think this is part of any long-term plan to exploit Brazil's
> hydroelectric potential. He says, "There has been massive under-investment
> in Brazil in the last 10 years and with demand still growing, they are
> trying to build anything they can, period."
>
> However, Aneel is offering incentives to private investors in
> hydroelectricity and awarding concessions for the independent production
> of electricity to be freely traded in the wholesale market. Small
> hydroelectric plants with up to 30 megawatts of capacity are entitled to
> discounts of over 50% in fees for using transmission and distribution
> systems and can trade electricity at no cost with consumers of loads of
> 500 kilowatts or more.
>
> Sodeyama "absolutely expects a secondary market as the energy market
> evolves to a more mature situation." He estimates that Brazil's energy
> profile will reduce hydroelectricity to 80% of total energy investment
> from 92% in the next 10 years and increase its investment in natural gas
> from to 17.5%. from 5.5%. As private investors need to manage their hydro
> and thermal assets, "this means potential for risk management products,"
> Sodeyami says.
>
> Enron's Stoiani agrees that "a couple of years down the road the market
> will pick up, "and as competition increases, he sees "growing interest
> from counterparties looking for effective ways to hedge their exposure to
> weather, as well as additional interest from speculators." With the growth
> in liquidity, Stoiani foresees opportunities for arbitrage and
> cross-commodity trading. He says "a hydroelectric plant with no natural
> gas-fired back-up plant could purchase a derivative paying out gas units
> in times of low precipitation."
>
> The Centre Group's Marti says his company is writing weather-related
> insurance risk for both hydro and thermal power in South America for local
> and foreign power companies. "It provides an interesting profile for
> smaller sponsors of power projects, who may have equity capital
> constraints," he says.
>
> Foster agrees and says that as the deregulated electricity markets mature
> and more efficient, less-expensive products emerge, investors will need
> some long-term hedge, either a portfolio of diversified assets or these
> financial products.
>
> In the long term, Enron's Tawney predicts that the growing needs of the
> energy sector in Latin America coupled with the deregulation of the power
> market will mean "the energy industry will be both the first and the
> largest" buyer of weather derivatives.
>
>
> THE ISDA PRESS REPORT IS PREPARED FOR THE LIMITED USE OF ISDA STAFF,
> ISDA'S BOARD OF DIRECTORS AND SPECIFIED CONSULTANTS TO ISDA. THIS PRESS
> REPORT IS NOT FOR DISTRIBUTION (EITHER WITHIN OR WITHOUT AN ORGANIZATION),
> AND ISDA IS NOT RESPONSIBLE FOR ANY USE TO WHICH THESE MATERIALS MAY BE
> PUT.
>
> | {
"pile_set_name": "Enron Emails"
} |
Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
[email protected]
----- Forwarded by Sara Shackleton/HOU/ECT on 03/27/2001 12:46 PM -----
Tom Doukas@ENRON
03/27/2001 11:18 AM
To: Sara Shackleton/HOU/ECT@ECT
cc: Sheila Glover/HOU/ECT@ECT, David A Wall/Risk Mgmt/LON/ECT@ECT
Subject: Re: prime broker account numbers
The accounts at Bear owned by the credit book are:
The old account under ECT name: 102-04919
This account is empty but not yet closed
The current ENA acct is: 102-06181
This is where the positions are now held
These are the accounts that need to go to Enron Credit Inc
Thanks,
Tom
From: Sara Shackleton@ECT on 03/27/2001 10:22 AM
To: Tom Doukas/NA/Enron@ENRON
cc:
Subject: prime broker account numbers
Tom: Which accounts are being transferred to Bear? Are these internal
account numbers? Thanks
Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
[email protected]
----- Forwarded by Sara Shackleton/HOU/ECT on 03/27/2001 10:20 AM -----
Sheila Glover
03/08/2001 11:31 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: prime broker account numbers | {
"pile_set_name": "Enron Emails"
} |
Send me stuff on Wolfe's performance this year and where you would rank him. I need this for tomorrow. | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Andrea Ring/HOU/ECT on 07/11/2000 03:45
PM ---------------------------
Michele Winckowski @ ENRON 06/28/2000 01:17 PM
To:
cc: (bcc: Andrea Ring/HOU/ECT)
Subject: getting old
--- | {
"pile_set_name": "Enron Emails"
} |
Stacey
I am showing physical swaps on the west desk with ENA-CALfor 7.1MM. Is this
same as the ENA-Cal that we had max exposure for last month? Valarie
mentioned that something about the Power Cross Commodity book? Could you let
me know what book these swaps belong with? Also are there max exposure
numbers for ENA CAL?
I appreciate your help in this matter.
Thanks
Tracy | {
"pile_set_name": "Enron Emails"
} |
Steve Pearlman ext. 5-7107 | {
"pile_set_name": "Enron Emails"
} |
I want each of you to get out of here for 30-45 mins, I will babysit your stuff while you are out. | {
"pile_set_name": "Enron Emails"
} |
That sounds like a good idea. I guess you will be taking the day off?
-Eric
"Larry W. Bass" <[email protected]> on 10/23/2000 11:26:59 AM
To: jason <[email protected]>, eric preston bass <[email protected]>
cc: KATHY BASS <[email protected]>
Subject: election night
Hi Guys. How's it hanging? You still alive Eric? Long time no see. I'm
thinking about grilling a few things, like chicken and scrimp, on election
night, Nov. 7. Are you guys interested in attending? Guests are included.
Let me know. Have a good week.-Dad | {
"pile_set_name": "Enron Emails"
} |
Please review this applicant's resume and let me know if you think we should
interbiew her.
Carol
---------------------- Forwarded by Carol St Clair/HOU/ECT on 04/26/2000
12:07 PM ---------------------------
From: Mark Taylor 04/26/2000 11:46 AM
To: Carol St Clair/HOU/ECT@ECT
cc:
Subject: Applicant from CareerPath.com :(0000103079)
---------------------- Forwarded by Mark Taylor/HOU/ECT on 04/26/2000 01:45
PM ---------------------------
From: Nedre Strambler 04/24/2000 10:59 AM
To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Applicant from CareerPath.com :(0000103079)
FYI
---------------------- Forwarded by Nedre Strambler/HOU/ECT on 04/24/2000
11:58 AM ---------------------------
[email protected] on 04/23/2000 11:43:37 PM
To: [email protected]
cc:
Subject: Applicant from CareerPath.com :(0000103079)
*** This candidate response was brought to you by CareerPath.com
Jobcode: 0000103079
Jobtitle: SR LEGAL SPECIALIST
Regarding: Sr. Legal Specialist
Vivian I. Igweh
HM: (281)- 8795576 Fax:(713)595 2104 xtn 1163
Pager Number: (713) 930-2854
http://vigweh.tripod.com/index.html
EDUCATION
Oxford Brookes University - Oxford, England. 1990
Diploma in General Studies
University of London, London - England. 1993
Bachelor of Laws LL.B (JD)
Passed the Professional Responsibility Ethical Exam for Attorneys. 1997
D.S.U. Training Institute - Houston-Texas. 1997 - 1998
Computer literacy certification
LEGAL EXPERIENCE 1999-2000
MISCELLANEOUS CONTRACT POSITIONS
ALTURA ENERGY, HOUSTON - TEXAS PARALEGAL
Responsibilities included assisting the ceo in all legal matters concerning
an acquisition and merger, word-processing,
drafted and corrected agreements, received and made calls to clients, faxed
photocopied and e-mailed documents.
SHELL OIL COMPANIES, HOUSTON - TEXAS PARALEGAL
responsibilities included handling heavey litigation documents and case
procedures, assisting in acquisition and merger
transactions, document production and review, contract analysis, assisted
attorneys, performed quality control of
documents, handled privileged and sensitive documents
ELPASO OIL COMPANY, HOUSTON - TEXAS PARALEGAL
Responsibilities included handling heavey litigation documents and case
procedures, assisting in acquisitions and merger
transactions, document production and review, contract analysis, assisted
attorneys, performing quality control of
documents, handled privileged and sensitive documents.
UNION OIL OF CALIFORNIA, HOUSTON - TEXAS PARALEGAL
Responsibilities included coding of legal documents, document production and
review, quality control of documents,
proof reading, assisting the attorneys in contract analysis.
FULBRIGHT AND JAWORSKI, HOUSTON - TEXAS PARALEGAL
Responsibilities included review and analysis of corporate litigation
documents, document production and redaction.
BAKER AND BOTTS, HOUSTON - TEXAS PARALEGAL
responsibilities included reviewing and analysing corporate litigation
documents, preparation for trial.
LAW OFFICE OF GABE AND ASSOC., HOUSTON - TEXAS. 1995-1999
PARALEGAL
Responsibilities included trial preparation, interviewed and set up new
client files, researched and analysed cases,
attended and summarised depositions, attended court proceedings and
mediations, assisted in discovery, drafted and
filed petitions, propounded and responded to interrogatories, carried out
investigations and negotiations.
LAW FIRM OF NWOKOLO AND NZEAKO, LAGOS - NIGERIA. 1993 - 1994
PARALEGAL
Responsibilities included analysis of oil and gas contracts, handled heavy
litigation documents and case procedures,
corporate negotiations, handled sensitive and privileged documents,
researched for trial, prepared trial packets,
interviewed and set up files, assisted in court proceedings, drafted
pleadings, general office support.
SKILLS
Typing, Windows 3.1., 95, and 98, Internet, Microsoft Word for Windows 7.0.
and 97, Word Perfect for Windows 7.0,
Microsoft Access 7.0, Lotus Notes, Quicken, Microsoft Mail and Exchange,
Microsoft Excel 7.0, Microsoft PowerPoint
7.0, Summation for Windows, Westlaw, Lexis-Nexis.
Excellent oil and gas litigation skills, communication, interactive, case
management, office, organizational and leadership
skills, group (team) work, work under pressure and by deadline, detail
oriented, able to work over-time, fast-paced, task
management, use of initiative, ethical and professional.
REFERENCES: Will be provided upon request. | {
"pile_set_name": "Enron Emails"
} |
This letter is the last part of the contract: | {
"pile_set_name": "Enron Emails"
} |
agreed.
Michael Tribolet/ENRON@enronXgate
05/11/2001 05:33 PM
To: Jeff Dasovich/NA/Enron@Enron
cc: Jeffrey A Soo/ENRON@enronXgate, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: RE: Trying agin
Note that SCE does not list the information in their SEC disclosures but
Robert had some 1999 figures. Comparing PGE at the sales level, they were
at 79.2 mln MWH in 1999 versus 78.2 for SCE in 1999. This leads me to
believe the 93 mln for PGE and 83 million for SCE in the MOU slide is flat
wrong on the PGE figure. We will need to resolve this.
PGE
SALES MWH 1999
RESIDENTIAL 27,739
COMMERCIAL 30,426
INDUSTRIAL 16,722
ARGICULTURAL 3,739
PUBLIC STREET 437
OTHER UTILITIES 167
OTHER -
NON RESIDENTIAL 51,491
TOTAL 79,230
SCE
SALES MWH 1999
RESIDENTIAL 24,351
COMMERCIAL 28,964
INDUSTRIAL 24,164
ARGICULTURAL
PUBLIC STREET
OTHER UTILITIES
OTHER 727
NON RESIDENTIAL 53,855
TOTAL 78,206
-----Original Message-----
From: Dasovich, Jeff
Sent: Friday, May 11, 2001 5:03 PM
To: Tribolet, Michael
Cc: Soo, Jeffrey A.; Neustaedter, Robert
Subject: RE: Trying agin
can we use the MOU total load numbes (e.g., 93 GWH for PG&E) and divide it up
using the proportions in the PG&E numbers? | {
"pile_set_name": "Enron Emails"
} |
-----Original Message-----
From: Hyde, Chris
Sent: Wednesday, October 17, 2001 12:54 PM
To: O'Malley, Justin
Subject: FW: Desk Capacity Maps
-----Original Message-----
From: Fraley, Keith
Sent: Wednesday, October 17, 2001 11:28 AM
To: Hyde, Chris; Tonks, Colin; Gaskill, Chris
Subject: Desk Capacity Maps
http://nahou-wwmap01p/website/eastdesk
http://nahou-wwmap01p/website/westdesk
http://nahou-wwmap01p/website/centraldesk
Here are the links to the desk capacity maps, its a start and there are many other things that can be customized.
Let me know what you think...
Keith | {
"pile_set_name": "Enron Emails"
} |
The attached swaps will be delivered by hard copy batch, together with the
revised proposal sheets and a copy of the legal worksheets, to Julia Chin
today. Upon receipt, Julia will attach the valuation data that has been
previously provided to her by Hope Vargas and coordinate execution.
Enron North America Corp.
Mary Cook
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
[email protected] | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Kay Mann/Corp/Enron on 09/15/2000 02:30
PM ---------------------------
Enron North America Corp.
From: Kay Mann 07/12/2000 12:57 PM
To: Heather Kroll/HOU/ECT@ECT
cc:
Subject: CRM Rev 2
Here's another draft:
Note in particular changes in exclusivity (now bilateral), tax abatement
(exh. A), termination rights, term. I also made a minor change to dispute
resolution. As for their hesitancy to give us trade secrets, these should be
covered by the confidentiality provisions, although this version is very
basic (see underlined language). I just want to make sure we get the gas
supply contract ASAP. We can do a full blown confidentiality agreement that
helps.
I never heard back from Dutch Bumgardner. I'll get the interconnection
agreement started on this end, unless you think otherwise.
Hope you are having a good trip.
Kay | {
"pile_set_name": "Enron Emails"
} |
I am not interested. I sent to Mark Palmer, who suggested one of you guys.
Happy Birthday!
----- Forwarded by David Parquet/SF/ECT on 03/22/2001 04:32 PM -----
"Neudeck,Randall D" <[email protected]>
03/22/2001 09:10 AM
To: "'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>
cc: "Cole Frates (E-mail)" <[email protected]>
Subject: California Energy Summit -- March 30
Cole Frates asked me to drop you a note regarding the upcoming California
Energy Summit on March 30.??We previously sent a letter to Jeff?Skilling
inviting Enron to the Summit, hosted by the Valley Industry and Commerce
Association (VICA).??Confirmed attendance includes CEOs and California
legislators (see list below).? News media will be covering the event.? We
expect approximately 100 attendees.? We believe it is important that Enron's
views are expressed "by Enron" not by one of your colleagues.? Please let me
know if you can participate.? The Summit lasts from 7:45 a.m. to 1:30 p.m.?
You would be on Panel #2 that lasts from 9:45 to 10:30 a.m.? The Energy
Summit will be held at the Sheraton Universal Hotel, 333 Universal Terrace
Parkway, Universal City.? I look forward to hearing from you.???? -- Randall
Neudeck, 213-217-7537, VICA Board of Directors
?
Overall Moderator? -- KCBS Channel 2 News Anchor Paul Dandridge?
Panel #2
?-- Los Angeles Department of Water & Power ) S. David Freeman, General
Manager?
?-- Reliant Energy ) Curtis Kebler, Director of Asset Commercialization?
?-- Southern California Edison ) Stephen E. Frank, Chairman, President & CEO
?-- The Gas Company ) Lee Stewart, President, Energy Transportation Service?
?--?Trans-Elect, Inc. ) Robert Mitchell, Executive Vice President
Panel?#3?
?--?Senator Richard Alarc?n, Majority Whip, Chair, Labor & Industrial
Relations Committee
?--?Senator Debra Bowen, Chair, Committee on Energy, Utilities &
Communications
?--?Assemblymember John Campbell, Assistant Republican Leader for Policy
Development
?--?Assemblymember Keith S. Richman, Minority Whip
?--?Assemblymember Fred Keeley, Chair, Joint Legislative Audit Committee
(tentative)
?--?Assemblymember Paul Koretz, Chair, Committee on Labor and Employment
?-- Los?Angeles City Council President Pro Tem, Ruth Galanter, and Chair,
Commerce, Energy & Natural Resources Committee
Keynote Speaker ) Speaker of the Assembly Robert Hertzberg
? | {
"pile_set_name": "Enron Emails"
} |
I knew that as soon as I left, Reggie was going to get out of control. I
thought the two of you could take care of him, but I see I was sorely
mistaken.
Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone: (713) 853-3907
Fax: (713) 646-8537
[email protected]
Genia FitzGerald@ECT
10/11/00 07:43 AM
To: Marie Heard/Enron Communications@ENRON COMMUNICATIONS@ENRON
cc: Tana Jones/HOU/ECT@ECT
Subject: Re: HOTDOG !This is sooo adorable!
You are both wrong, it is Reggie's fault, he told me not to hang around
either of you!!!!!
Marie Heard@ENRON COMMUNICATIONS
10/10/2000 04:21 PM
To: Tana Jones/HOU/ECT@ECT@ENRON
cc: Genia FitzGerald/HOU/ECT@ECT@ENRON
Subject: Re: HOTDOG !This is sooo adorable!
Yeh, you're right. It is her fault. In the past, she always had plans and
couldn't (or just didn't want to) go with us. I guess that's the price you
pay for being so popular and in demand.
Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone: (713) 853-3907
Fax: (713) 646-8537
[email protected]
Tana Jones@ECT
10/10/00 04:09 PM
To: Marie Heard/Enron Communications@ENRON COMMUNICATIONS@ENRON
cc: Genia FitzGerald/HOU/ECT@ECT
Subject: Re: HOTDOG !This is sooo adorable!
It's really all Genia's fault, she goes to lunch too darn early. I guess we
need to make a date beforehand for lunch with you...!
Marie Heard@ENRON COMMUNICATIONS
10/10/2000 04:04 PM
To: Genia FitzGerald/HOU/ECT@ECT@ENRON
cc: Tana Jones/HOU/ECT@ECT@ENRON
Subject: Re: HOTDOG !This is sooo adorable!
Hey, I was an invited guest. It wasn't my party! Sounds like someone is
trying to weasel herself out of trouble.
Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone: (713) 853-3907
Fax: (713) 646-8537
[email protected]
Genia FitzGerald@ECT
10/10/00 03:23 PM
To: Marie Heard/Enron Communications@Enron Communications
cc: Tana Jones/HOU/ECT@ECT
Subject: Re: HOTDOG !This is sooo adorable!
Thanks for inviting me to share Mexican food with you. Tana said it was YOUR
fault I wasn't invited!!!!!
Genia
----- Forwarded by Genia FitzGerald/HOU/ECT on 10/10/2000 03:21 PM -----
----- Forwarded by Genia FitzGerald/HOU/ECT on 10/10/2000 02:30 PM -----
- Hotdog PHOTO2.jpg | {
"pile_set_name": "Enron Emails"
} |
-----Original Message-----
From: Denne, Karen
Sent: Friday, September 07, 2001 9:47 AM
To: Sanders, Richard B.; Dasovich, Jeff; Mara, Susan
Subject: Protective Order Articles
California; Metro Desk
The State Enron Records to Stay Secret Court: A judge orders confidentiality for the power firm's documents. A Senate panel probing electricity price gouging has subpoenaed them.
NANCY VOGEL
TIMES STAFF WRITER
09/07/2001
Los Angeles Times
Home Edition
B-8
Copyright 2001 / The Times Mirror Company
SACRAMENTO -- Enron Corp., the giant Texas-based seller of electric power, won a court ruling Thursday in its quest to guarantee the secrecy of hundreds of thousands of internal business documents sought by state lawmakers.
A Senate committee investigating price gouging in California's wholesale electricity market subpoenaed Enron's documents in April, seeking records of electricity sales, bidding strategies, prices and out-of-state transactions.
The company refused to make the documents available without a court order protecting the confidentiality of the records. Enron sued July 11, and on Thursday Sacramento County Superior Court Judge Charles C. Kobayashi granted the company's request for a protective order.
The judge noted in his order that Enron is a business competitor of the California Department of Water Resources, which began buying electricity on behalf of the state's two largest utilities last January.
"Although the committee argues that the Senate is not in competition with plaintiff," wrote Kobayashi, "the functions of the Senate and the Department of Water Resources are intertwined in so many ways that there is no doubt that not only may there be appearances of conflict, actual conflicts can arise."
Kobayashi's order is a reversal of an earlier, tentative ruling, in which he concluded that imposing a protective order for Enron would be an "unacceptable" intrusion by the courts into the internal operations of the Legislature.
Karen Denne, a spokeswoman for the Houston-based company, described executives as "very pleased" with the court ruling. "Turning over the documents was never the issue," she said, "The issue was always protecting our rights."
Enron officials will work with committee Chairman Sen. Joe Dunn (D-Santa Ana) to craft an agreement that details which documents will be reviewed by the eight lawmakers and their aides, Denne said.
Reliant Energy of Houston, another company that resisted demands for business records, on Wednesday signed a confidentiality agreement with Dunn's committee and will begin bringing 250,000 documents to a depository in Sacramento, said Reliant spokesman Marty Wilson.
Dunn said other companies have begun to deliver documents to Sacramento, but not all are fully complying with subpoenas.
"There are some major holes that have to be plugged by the market participants," he said.
On July 21, the Senate Select Committee to Investigate Price Manipulation of the Wholesale Energy Market voted to recommend that Enron be cited for contempt for not turning over its documents.
The full Senate has yet to vote on that recommendation.
The committee, which the Senate created in March, has focused its investigation on the private companies that purchased power plants after California moved to deregulate its electricity market in 1996.
Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.
Sept. 7, 2001
Briefs: City & State
California judge says no to Enron subpoena
SACRAMENTO, Calif. -- Enron Corp. received a protective order Thursday for documents subpoenaed by a California state Senate committee.
Sacramento Superior Court Judge Charles Kobayashi ruled that Houston-based Enron can prevent the legislative panel from sharing information in the thousands of documents relating to energy trading in California.
"Once the confidential information is disclosed, no amount of sanctions will be able to rectify the damage that might be caused," Kobayashi wrote in his order.
The Senate committee requested documents including e-mails, phone logs, financial records and records of any Enron "trading strategies." The panel is probing whether generators manipulated the power market.
Enron Wins Document Protection Order From Calif Judge
By Jessica Berthold
09/06/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)
OF DOW JONES NEWSWIRES
LOS ANGELES -(Dow Jones)- A Sacramento Superior Court judge Thursday ruled that Enron Corp (ENE) must comply with a legislative subpoena of financial documents, but reversed an earlier decision and granted the company a protective order of the documents, according to a copy of the ruling seen by Dow Jones Newswires.
Enron said the ruling was a victory, as the company has always maintained it would be happy to comply with the subpoena by the state Senate committee as long as the company received a protective order.
"We are obviously very happy with the ruling and look forward to working with the committee to come up with a protective order that truly protects our proprietary information," said Enron spokesman Mark Palmer.
The Senate Select Committee To Investigate Market Manipulation has already cited Enron and Reliant Energy, Inc (REI) with contempt for refusing to provide documents, a charge for which the companies could be fined.
Once Enron and the committee draft a protective order and the judge agrees to it, the company will hand over any documents that the committee wants, Palmer said.
However, an attorney for the committee expressed skepticism that the company would actually follow through.
"We have no indication from Enron that they would agree to produce the documents we've requested, even with the confidentiality order," said Larry Drivon, special counsel to the committee.
He added that he could not speculate if the committee would drop its contempt charge if Enron did produce all requested documents.
In his decision granting the protective order, Judge Charles Kobayashi wrote that he was not convinced the committee has solid standards in place to ensure Enron's protection.
"It is clear that there are no standards for determining what are the available protections, no procedure for determining what is a legitimately confidential, privileged, proprietary matter, no procedure for oversight and no prescribed remedy for (Enron) for any unauthorized disclosures," Kobayashi wrote.
Last week, a San Francisco Superior Court judge granted Enron a protective order in a separate investigation by the state attorney general.
-By Jessica Berthold; Dow Jones Newswires; 323-658-3872; [email protected]
Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.
USA: Enron must give documents to Calif. lawmakers-judge.
09/06/2001
Reuters English News Service
(C) Reuters Limited 2001.
SAN FRANCISCO, Sept 6 (Reuters) - Enron Corp. must turn over sensitive financial documents to a state Senate committee probing charges of price gouging during the state's energy crisis, a California judge ruled on Thursday.
But Sacramento Superior Court Judge Charles Kobayashi also ruled lawmakers must provide Enron with a confidentiality agreement, saying he was not convinced the committee would respect the firm's right to maintain proprietary secrets.
"If the committee could take the requested action in the name of the public interest, then the committee ostensibly could require newspapers to surrender their confidentiality rights, attorneys to surrender their attorney-client privilege, (and) psychiatrists to surrender their privileges," the judge wrote.
The Senate Select Committee to Investigate Market Manipulation has subpoenaed documents from a number of energy firms to probe accusations California power agencies and utilities were overcharged some $8.9 billion for wholesale electricity during the state's energy crisis which saw power prices in the state soar tenfold.
Independent energy merchants have blamed the price spike on the state's poorly designed electricity deregulation law and a failure to build enough power plants to meet the growing needs of its 34 million residents and its industries.
An Enron spokeswoman said on Thursday the firm has already turned over tens of thousands of documents, but wanted assurances that certain sensitive documents containing proprietary trade secrets, for example, would be protected under a confidentiality agreement.
The firm will now work with the committee to hammer out the specifics of such an agreement, said Enron spokeswoman Karen Denne.
"We are pleased with the judge's order in that he agreed that our constitutional right would be protected," Denne said. "The issue has always been protecting the confidential documents."
The committee has already asked the full Senate to cite Enron as well as Reliant Energy Inc. for contempt for failing to comply with a subpoena seeking confidential documents. It would be the first such citation imposed by the state Senate since 1929, but has not yet come up for a vote.
Atlanta-based Mirant Corp. however, avoided the contempt threat by agreeing with legislators' demands to sign confidentiality agreements, open a document depository close to Sacramento, and begin placing documents there relating to the company's recent business in California.
Sacramento judge says committee must protect Enron documents
By JENNIFER COLEMAN
Associated Press Writer
09/06/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.
SACRAMENTO (AP) - Enron Corp. must turn over sensitive financial documents to a state Senate committee investigating possible price manipulation of wholesale energy prices, a judge ruled Thursday, but the state must give the energy company a confidentiality agreement.
Sacramento Superior Court Judge Charles Kobayashi said in his ruling that he wasn't convinced that the Senate committee "will be able to maintain the petitioner's right to confidentiality."
The Select Committee to Investigate Price Manipulation in the Wholesale Energy Market subpoenaed documents from six energy companies as they investigated last year's price spikes in the wholesale electricity market.
If the committee went forward without a confidentiality agreement, Kobayashi said, it could then require the same of newspapers, attorneys or psychiatrists.
Enron's motion to quash the subpoenas were dismissed last week and the judge reaffirmed that ruling Thursday. Another Enron motion seeking an injunction against the committee will be heard Wednesday.
Company spokeswoman Karen Denne called the protective order ruling a victory. "This gives us the confidentiality agreement we've been seeking."
The order's specifics will be worked out with Sen. Joe Dunn, D-Santa Ana, the committee chairman. It will then be signed by a judge, once both sides agree.
Enron officials have offered to turn over 25,000 documents that were already in California, but refused to comply with the rest of the subpoena.
The committee found Enron in contempt for not turning over all the requested documents. A full report on the contempt finding has been sent to the full Senate, which has not voted on it. A contempt report on Reliant Energy has also been sent to the Senate.
A contempt finding against Mirant Corp. was later reversed when the company opened a document depository in Sacramento for the committee's investigators.
If the full Senate imposes sanctions against Reliant or Enron, it will be the first time since 1929, when the Senate voted to jail reluctant witnesses during a committee investigation of price fixing and price gouging involving cement sales to the state.
Enron Wins Document Protection Order From Calif Judge
By Jessica Berthold
09/06/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)
OF DOW JONES NEWSWIRES
LOS ANGELES -(Dow Jones)- A Sacramento Superior Court judge Thursday ruled that Enron Corp (ENE) must comply with a legislative subpoena of financial documents, but reversed an earlier decision and granted the company a protective order of the documents, according to a copy of the ruling seen by Dow Jones Newswires.
Enron said the ruling was a victory, as the company has always maintained it would be happy to comply with the subpoena by the state Senate committee as long as the company received a protective order.
"We are obviously very happy with the ruling and look forward to working with the committee to come up with a protective order that truly protects our proprietary information," said Enron spokesman Mark Palmer.
The Senate Select Committee To Investigate Market Manipulation has already cited Enron and Reliant Energy, Inc (REI) with contempt for refusing to provide documents, a charge for which the companies could be fined.
Once Enron and the committee draft a protective order and the judge agrees to it, the company will hand over any documents that the committee wants, Palmer said.
However, an attorney for the committee expressed skepticism that the company would actually follow through.
"We have no indication from Enron that they would agree to produce the documents we've requested, even with the confidentiality order," said Larry Drivon, special counsel to the committee.
He added that he could not speculate if the committee would drop its contempt charge if Enron did produce all requested documents.
In his decision granting the protective order, Judge Charles Kobayashi wrote that he was not convinced the committee has solid standards in place to ensure Enron's protection.
"It is clear that there are no standards for determining what are the available protections, no procedure for determining what is a legitimately confidential, privileged, proprietary matter, no procedure for oversight and no prescribed remedy for (Enron) for any unauthorized disclosures," Kobayashi wrote.
Last week, a San Francisco Superior Court judge granted Enron a protective order in a separate investigation by the state attorney general.
-By Jessica Berthold; Dow Jones Newswires; 323-658-3872; [email protected] | {
"pile_set_name": "Enron Emails"
} |
To all,
I would like to propose a meeting to discuss company development and implementation of a strategy to place the Bahamian LNG.
The time will be 4 pm on Thursday May 31.
Kim will respond with the location. I would prefer each of you attend so if this doesn't fit schedules, let me know.
Regards,
Jared | {
"pile_set_name": "Enron Emails"
} |
Gas Pipeline Rush is Alive, Well in NW
Nature's severe downturn in the amounts of hydroelectricity in the western region over the past 12 months has been a giant wake-up call for natural gas as new gas-fired power plants are spurring an unprecedented rush to build added interstate pipeline transmission into Washington and Oregon.
PG&E Gas Transmission Northwest (GTN) announced it has new binding precedent agreements with 25-year terms totaling about 250 MMcf/d based on a open season concluded in mid-June in the Pacific Northwest. This is for an expansion in 2003 and is in addition to earlier announced expansions for next year, which are currently pending before the FERC and will add about 200 MMcf/d of firm capacity to the system. New power generation makes up almost all the growth to be served by the expansions.
Williams' Northwest Pipeline last week announced yet another expansion--its fourth in less than a year--in the state of Washington, all involving proposed new electric generating plants and collectively representing hundreds of millions of new daily capacity into a state that used little other than wood and hydroelectric energy until the last few decades of the 20th Century. Besides the recently announced $200 million, 276-MMcf/d, 26-mile Evergreen Pipeline expansion to fuel several new power plants in western Washington, Northwest already is pushing ahead with plans for three other pipeline expansions:
Nine miles of 20-inch diameter pipeline, the Everett Delta Project, will be completed in August 2002, bringing 86 MMcf/d of new gas supplies to fuel a power plant under construction by an affiliate of Florida Power and Light, FPL Energy, in the fastest growing area in the state, Snohomish County, on former industrial property owned by Weyerhaeuser.
A 50-mile expansion, the Grays Harbor Lateral, in the area around the state capital of Olympia, WA, to serve a 600 MW combined-cycle power plant (Satsop Development Park) Duke Energy intends to build. The $75 million project is schedule to be completed in November 2002.
The Georgia Strait Project in far northwest Washington will extend underwater to Vancouver Island in British Columbia. It includes 84 miles of new pipeline to two new power plants slated to be built. The $159 million expansion and joint effort between Northwest and BC Hydro is scheduled to be completed in the fall of 2003; federal approvals on both sides of the Canadian border were applied for last spring.
Underscoring this effort by Williams and the similar proposed expansions by PG&E GTN is the well-recognized fact that the Pacific Northwest historically relied too heavily on one energy source--hydro. Officials at the Northwest Power Planning Council and within the individual energy companies headquartered in the region are now hooked on new gas-fired generation as are all of the western states.
"The overwhelming reason for high power prices is scarcity, borne largely from sharply higher-than-expected demand growth, and the savage downturn in hydroelectricity supplies," wrote energy consultants Samuel A. Van Vactor and Frederick Pickel in a technical article on deregulation published earlier this year. | {
"pile_set_name": "Enron Emails"
} |
Carol,
Please review message below from Kristina Drew @ Merchant Energy. I thought
you would be the appropriate lawyer to work on this as it involves EPMI as
well as a derivative piece with ENA.
FYI: the assignment is not of immediate need, being that FERC approval must
secured.
If you do not think this to be the case, please advise as to who should work
on this matter.
Cordially,
Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3806A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
E:mail: [email protected]
----- Forwarded by Susan Bailey/HOU/ECT on 05/14/2001 03:06 PM -----
"Drew, Kristina" <[email protected]>
05/14/2001 03:05 PM
To: "'[email protected]'" <[email protected]>
cc: "Abba Gana, Mustapha" <[email protected]>
Subject: From MEGA, Consent to Assignment....
Susan,
Please find attached for your review, a Consent to Assignment Agreement
between us, Enron North America Corporation and Morgan Stanley Capital Group
Inc. We would like to have the document ready to execute at about the same
time we execute the Physical Power Consent to Assignment Agreement with
Enron Power Marketing, Inc., and we are waiting for FERC approval on the
Physical Power Sales as well. I just wanted to present the agreement to you
now, so that if it is necessary, we have time to discuss any concerns. I
look forward to talking with you to work toward the execution of the
Agreement.
<<ENA (Basis Swap) Assignment Consent Agreement 042501.doc>>
<<ENA (Nat Gas) Assignment Consent Agreement 042501.doc>>
Thanks,
Kristina M. Drew
Contract Adminstrator
Merchant Energy Group of the Americas, Inc.
410.295.1708
- ENA (Basis Swap) Assignment Consent Agreement 042501.doc
- ENA (Nat Gas) Assignment Consent Agreement 042501.doc | {
"pile_set_name": "Enron Emails"
} |
-----Original Message-----
From: Crenshaw, Shirley
Sent: Monday, November 26, 2001 2:06 PM
To: Barbara Taylor (E-mail); Carol Fuentes (E-mail); Irene Yoars (E-mail); Jenifer & John McIntyre (E-mail); Kathy Crenshaw (E-mail); Kelly Summers1 (E-mail); Moore, Kevin G.; Kip Crenshaw (E-mail); Lea Melville (E-mail); Thibaut, Marie; Ingram, Renee; Turner, Rinetia; Sue Conkright (E-mail); Candella, Therese; Veronica Kubeczka (E-mail); Virginia & Harold Melville (E-mail); Smith, William; Kaminski, Vince J
Subject: Cowboy Prayer
Something to brighten your day! And remember to keep in touch!
******************************************************************************************
Jake, the rancher, went one day to fix a distant fence.
The wind was cold and gusty and the clouds rolled, gray and dense.
As he pounded the last staples in and gathered tools to go,
The temperature had fallen and the snow began to blow.
When he finally reached his pickup, he felt a heavy heart,
From the sound of that ignition, he knew it wouldn't start.
So Jake did what most of us would do, if we'd have been there.
He humbly bowed his balding head and sent aloft a prayer.
As he turned the key for the last time, he softly cursed his luck.
They found him three days later, frozen stiff in that old truck.
Now Jake had been around in life, and done his share of roamin'.
But when he saw Heaven, he was shocked - it looked just like Wyomin'.
Of all the saints in Heaven, his favorite was St. Peter.
[Now, this line, it ain't needed but it helps with rhyme and meter.]
So they set and talked a spell or two, or maybe it was three,
Nobody was keeping' score--- in Heaven time is free.
"I've always heard," Jake said to Pete, "that God will answer prayer,
But one time I asked for help, and, well He just plain wasn't there.
Does God answer prayers of some, and ignores the prayers of others?
That don't seem exactly square - I know all men are brothers.
Or does he randomly reply, without good rhyme or reason?
Maybe, it's the time of day, the weather or the season.
Now I just ain't trying to act smart, it's just the way I feel,
And I was wonderin', could you tell me - what the heck's the deal?"
Peter listened very patiently and when Jake was done,
There were smiles of recognition, and he said, "So, you're the one!
That day your truck wouldn't start, and you sent your prayer a flyin',
You gave us all a real bad time, with hundreds of us a tryin',
A thousand angels rushed to check the status of your file,
But you know, Jake - - - we hadn't heard from you in quite a while.
And though all prayers are answered, and God ain't got no quota,
He didn't recognize your voice... and started a truck in South Dakota.
So, remember to keep in touch!
********************************************************************************************* | {
"pile_set_name": "Enron Emails"
} |
Yup, FX & Currency Option provisions added. ! I hope to have our database
open to you soon so you can look and see what definitions are included.
Laurel Adams
06/01/2000 03:38 PM
To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: J. Aron & Company
Tana,
Since I did not see FX trades excluded, I presume that we can confirm FX
trades and options under this master. Please let me know. Thanks | {
"pile_set_name": "Enron Emails"
} |
Good morning Jacob:
The Enron Corp. Research Group would like to bring you in for an informal
interview. Please give me some times and dates within the next 2-3 weeks
that would be convenient for you and I will coordinate an interview schedule.
The interviewers would be:
Vince Kaminski Managing Director
Stinson Gibner Vice President
Krishna Krishnarao Vice President
Zimin Lu Director
Tanya Tamarchenko Director
Bob Lee Manager
Tom Halliburton Manager
Chonawee Supatgiat Manager
I look forward to hearing from you soon.
Best regards,
Shirley Crenshaw
Administrative Coordinator
Enron Research Group
713/853-5290
email: [email protected]
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/08/2001
09:33 AM ---------------------------
Zimin Lu
03/08/2001 09:17 AM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT
cc:
Subject: Candidate for us
Jacob Kang, currently a leading developer for PROS energy applications,
is interested in a job in derivatives valuation.
Let me know if we want to bring him for a interview.
Zimin
---------------------- Forwarded by Zimin Lu/HOU/ECT on 03/08/2001 09:07 AM
---------------------------
"Jacob Y. Kang" <[email protected]> on 03/07/2001 11:10:24 PM
To: [email protected]
cc:
Subject: My cover letter and resume
Dear Zhimin,
The attached files are my cover letter and resume.
Thank you very much and I really appreciate your help
on this matter.
Ying
These two files do not contain any virus even though
there are error signs on the virus check status.
__________________________________________________
Do You Yahoo!?
Get email at your own domain with Yahoo! Mail.
http://personal.mail.yahoo.com/
- Cover Letter_Enron.doc
- Resume_Ying.doc | {
"pile_set_name": "Enron Emails"
} |
Tana -
Here is the only information I have in my file on Natsource products. I am not sure this is accurate. You may want to double check with Bob.
Mark | {
"pile_set_name": "Enron Emails"
} |
Kim,
Let's try to get this signed as soon as possible. The changes are as we
discussed. I will be out Monday, but will be able to approve the final
version on Tuesday.
"Kim Decell" <[email protected]>
12/08/2000 05:18 PM
To: <[email protected]>
cc:
Subject: Wisconsin Public Service contract (last revision?)
Dan,
Attached redline contract compares changes we discussed today to the
document I sent you yesterday. If changes are acceptable, I will send the
contract to WPS for their review.
Thanks!
Kim
Gas Supply Consulting, Inc.
(281)558-0735
[email protected]
- WPS Enron 3 mo ANR Swing 12-8-00 COMPARE 12-6-00.doc | {
"pile_set_name": "Enron Emails"
} |
My mistake in raising the issue - Peter Sceats is with the broker in London
who arranged the trade. | {
"pile_set_name": "Enron Emails"
} |
I am also admitted in New York which has recently instituted a CLE
requirement.
Mary Ogden on 02/18/99 03:32:02 PM
To: Neil D Meyer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Norma
Tidrow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James V Derrick@Enron, Rex
Rogers/Corp/Enron@Enron, Clement Abrams/Corp/Enron@Enron, Jim
Armogida/Corp/Enron@Enron, Ann Ballard/Corp/Enron@Enron, Sharon
Butcher/Corp/Enron@Enron, Mark Holsworth/Corp/Enron@Enron, David
Nutt/Corp/Enron@Enron, Frank Smith/Corp/Enron@Enron, Kriste
Sullivan/Corp/Enron@Enron, Mary Berg/Corp/Enron@Enron, Robert
Eickenroht/Corp/Enron@Enron, Mark E Haedicke/HOU/ECT@ECT, Yao
Apasu/HOU/ECT@ECT, Alan B Aronowitz/HOU/ECT@ECT, Gareth Bahlmann/HOU/ECT@ECT,
Peggy Banczak/HOU/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, Bob
Carter/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT,
Shonnie Daniel/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Peter del
Vecchio/HOU/ECT@ECT, Kenton L Erwin/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT,
Ronald W Haggerty/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Dan J
Hyvl/HOU/ECT@ECT, Karen E Jones/HOU/ECT@ECT, Monica Jordan/HOU/ECT@ECT, Dan
-ECT Legal- Lyons/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT, Janice
Moore/HOU/ECT@ECT, Kristina Mordaunt/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT,
Dale Rasmussen/HOU/ECT@ECT, Michael A Robison/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Lance Schuler-ECT
Legal/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Paul Simons/LON/ECT@ECT,
Shari Stack/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Mark - ECT Legal
Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Stephen W Van
Hooser/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT,
Sandi M Braband/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT, Ann Elizabeth
White/HOU/ECT@ECT, Genia FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT,
Susan Flynn/HOU/ECT@ECT, Linda R Guinn/HOU/ECT@ECT, Marie Heard/HOU/ECT@ECT,
Ed B Hearn III/HOU/ECT@ECT, Mary J Heinitz/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT, Debra Perlingiere/HOU/ECT@ECT,
Robert Walker/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT,
Janet H Moore/HOU/ECT@ECT, Doug Pedigo/HOU/ECT@ECT, Wayne
Gresham/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, Mary Ogden/HOU/ECT@ECT, Mary
Cook/HOU/ECT@ECT, Vicki Sharp/HOU/EES@EES, Marianne Castano/HOU/EES@EES,
Deborah Culver/HOU/EES@EES, Patrick G Grant/HOU/EES@EES, James E
Keller/HOU/EES@EES, Michelle Maynard/HOU/EES@EES, Mark W Miller/HOU/EES@EES,
Tony Pryor/HOU/EES@EES, Mike D Smith/DUB/EES@EES, Kim Wilkie/HOU/EES@EES,
Andrew Wu/HOU/EES@EES, Maria L Butler/DUB/EES@EES, Karen A
Cordova/HOU/EES@EES, Susan R Ebbeler/DUB/EES@EES, Christina
Finelli/HOU/EES@EES, Jan Carter/HOU/EES@EES, [email protected],
[email protected], [email protected], Robbi
Rossi/HOU/EES@EES, Rob Walls/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Oscar
Arredondo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David K
Bargainer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michelle
Blaine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Julia H
Chin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ned E
Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Crespo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Edwin
Essandoh/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Johan
Gerrese/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michelle
Hicks/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kelly Noel
Higgason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bob
Joyce/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Francisco Pinto
Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sean
Long/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bruce
Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bonnie
Nelson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Diana
Parker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Martin W
Penkwitz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Andrew
Ralston/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Daniel R
Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David L
Roland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James
Rowles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Denise
Almoina/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Zoe
Fries/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lauren
Hagerty/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robin
Hill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Laurie
Lee/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sarah
MacDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Nancy
Muchmore/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tanya
Sanford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Hong
Shen/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Deborah
Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tami
Scrudder/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Carlos
Ryerson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Larry
Pardue/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, [email protected], Paulette
Obrecht/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Adam Umanoff/EWC/Enron@Enron,
John Lamb/EWC/Enron@Enron, Eric Newell/EWC/Enron@Enron, Barry
Hunsaker/EOG/Enron@Enron, Lewis Chandler Jr/EOG/Enron@Enron, David
Kocian/EOG/Enron@Enron, Jeff Spencer/EOG/Enron@Enron, Jennie
Szeto/EOG/Enron@Enron, E J Vandermark/EOG/Enron@Enron, Steve
Williams/EOG/Enron@Enron, Vickie Graham/EOG/Enron@Enron, Susan
McCord/EOG/Enron@Enron, Stephen Wallace/EOG/Enron@Enron, Susan
Bailey/EOG/Enron@Enron, Steve Duffy/Houston/Eott@Eott, Molly
Sample/Houston/Eott@Eott, Walt Zimmerman/Houston/Eott@Eott, John
Zimmerman/Houston/Eott@Eott, [email protected], [email protected],
Elizabeth Labanowski/EPSC/HOU/ECT@ECT, Susan Bulgawicz/EPSC/HOU/ECT@ECT, Sara
Davidson/EPSC/HOU/ECT@ECT, Michael Moran/GPGFIN/Enron@Enron, Eric
Aafedt/ET&S/Enron@Enron, Philip Crowley/ET&S/Enron@Enron, Dari
Dornan/ET&S/Enron@Enron, Drew Fossum/ET&S/Enron@Enron, Bob
Hammer/ET&S/Enron@Enron, Lee Huber/ET&S/Enron@Enron, Frazier
King/FGT/Enron@Enron, Dorothy McCoppin/FGT/Enron@Enron, Maria
Pavlou/ET&S/Enron@Enron, Colleen Raker/ET&S/Enron@Enron, Bret
Reich/ET&S/Enron@Enron, Susan Scott/ET&S/Enron@Enron, Louis
Soldano/ET&S/Enron@Enron, Staci Spalding/FGT/Enron@Enron, Jim
Talcott/ET&S/Enron@Enron, Candace Kyle/ET&S/Enron@Enron, Eric
Benson/ET&S/Enron@Enron, [email protected], Charles Cheek/Corp/Enron@Enron,
Britt Davis/Corp/Enron@Enron, David Grant/Corp/Enron@Enron, Eileen
Kisluk/Corp/Enron@Enron, Robert Vote/Corp/Enron@Enron, Bonnie
White/Corp/Enron@Enron, Rita Bahner/Corp/Enron@Enron, Tracy
Carter/Corp/Enron@Enron, Brenda McAfee/Corp/Enron@Enron, Lisa
Robichaux/Corp/Enron@Enron, Kathy Siess/Corp/Enron@Enron, Jeannette
Weiss/Corp/Enron@Enron, Becky Zikes/Corp/Enron@Enron, [email protected],
Janet Place/NPNG/Enron@Enron, Tom Lehan/NPNG/Enron@Enron, Eva
Neufeld/NPNG/Enron@Enron, Shemeika Scroggins/NPNG/Enron@Enron, Lynn
Aven/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Morris Richard Clark/HOU/ECT@ECT,
Shelley Corman/ET&S/Enron@Enron, Steve Cohen/HOU/ECT@ECT, Stephen H
Douglas/HOU/ECT@ECT, Anthony Duenner/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Keith Gercken/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Matthew F
Gockerman/HOU/ECT@ECT, Steve Goerner/HOU/EES@EES, Alicia
Goodrow/Corp/Enron@Enron, Robert D Gresch/HOU/EES@EES, Joe
Hartsoe/Corp/Enron@Enron, Michael Herman/Corp/Enron@Enron, Robert
Hermann/Corp/Enron@Enron, Rick Hopkinson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Rhett Jackson/HOU/ECT@ECT, Cristina
Juvier/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Davis Maxey/Corp/Enron@Enron,
Rockford Meyer/FGT/Enron@Enron, Janine Migden/DUB/EES@EES, Leslie
Lawner/HOU/EES@EES, Jordan Mintz/HOU/ECT@ECT, Marla Morris/HOU/EES@EES, Susan
Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Christi L Nicolay/HOU/ECT@ECT,
Christie Patrick/HOU/ECT@ECT, Tom Shelton/HOU/ECT@ECT, AnnMarie
Tiller/Corp/Enron@Enron, Annette Vogel/Houston/Eott@Eott, Leesa
White/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jane
Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Daniel Allegretti/HOU/EES@EES,
Susan T Covino/HOU/EES@EES, Sarah Novosel/Corp/Enron@Enron, Peggy
Menchaca/Corp/Enron@Enron, Sylvia Hu/Corp/Enron@Enron, Reynaldo
Garcia/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tod A
Lindholm/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Denise Ernest/Corp/Enron@Enron,
Mary Hain/HOU/ECT@ECT, David Aamodt@Enron, Jay Dudley@Enron, Barbara
Halle@Enron, Douglas Nichols@Enron, Robin Tompkins@Enron, AW Turner@ENRON,
Vickie Wolk-Laniewski@Enron, Vickie Coonts@Enron, Lee Martin@Enron, Bonnie
Rushing@Enron, Dave Petersen/Enron Communications@Enron Communications, Steve
McCarrel/Enron Communications@Enron Communications, Al Alexanderson@Enron,
Mack Shively/HOU/ECT@ECT, [email protected], Tim
Dorsey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Ale/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sarah
Gregory/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sarah
Vickers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Barton Clark/HOU/ECT@ECT, Lisa
Mellencamp/HOU/ECT@ECT, Justin Boyd/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT,
Jon Chapman/LON/ECT@ECT, Robert Quick/LON/ECT@ECT, Tim
Underdown/Stockton/TS/ECT@ECT, Marcus Von Bock Und Polach/LON/ECT@ECT, Chris
Gaffney/CAL/ECT@ECT, Peter Keohane/CAL/ECT@ECT, Brent
Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT @ ECT, Anita Fam/SIN/ECT@ECT,
Andrea Calo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Deborah Asmus/HOU/EES@EES,
Edson Pavao/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert H
George/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, George
Frumkin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Randy
Young/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Novak/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vicky
Martinez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greer
Mendelow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, [email protected],
[email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], [email protected], [email protected], Janet
Butler/ET&S/Enron@Enron, Shelley Corman/ET&S/Enron@Enron,
[email protected], James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert
Ward/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tony Jarrett/Corp/Enron@Enron,
Steve Weller/HOU/ECT@ECT
cc: [email protected], Sharon Morgan/Corp/Enron@Enron, Michelle
Lawless/Corp/Enron@Enron, Carmen Schmahl/GPGFIN/Enron@Enron, Tina
Meyer/EOG/Enron@Enron, Sylvia T Sauseda/HOU/ECT@ECT, Leasa
Gardner/HOU/EES@EES, MaryEllen Hall/Houston/Eott@Eott, [email protected],
Janet Butler/ET&S/Enron@Enron
Subject: CLE Certification for Enron Law Conference
To: Enron Law Conference Attendees
As you know, the Enron Law Conference will be in New Orleans May 5-7. I will
be helping Shonnie Daniel of ECT Legal and Vickie Wolk-Laniewski and Laurie
Hamlin of PGE Legal to obtain CLE certification from your respective state
bar associations. This certification will enable you to obtain CLE credit
for attending the conference.
We will be applying to the state bars of Texas and Oregon for certification.
Please send me a return email message by Tuesday, March 16, 1999, if you
desire certification for any other state.
Thank you,
Mary C. Ogden
Legal Specialist
ECT Legal | {
"pile_set_name": "Enron Emails"
} |
Due to an instructor illness - the Tuesday, 12:20pm Cardio Kick II Class has been cancelled.
We appreciate your patience and understanding.
The Body Shop | {
"pile_set_name": "Enron Emails"
} |
Here are my comments/changes to your revised draft.
1. Change Louis Dreyfus Plastics L.L.C. to Louis Dreyfus Plastics LLC (no
commas or periods in the name) in the entire agmt. including guaranties.
2. In "Party required to deliver document" for party B p. 4, Please
rephrase the section for annual audited consolidated financial statements to
apply only to the credit support provider of Party B, Party B itself is
unable to comply with this requirement because it doesn't have its own
financial statements.
3. Under section "Credit Support Provider" please change Louis Dreyfus Corp.
to Louis Dreyfus Corporation (just to be consistent according to their
sample gty. format)
4. Lous Dreyfus Plastics LLC asked to add a section titled "Limitation of
Rate" to Schedule A and you have an OK next to it on your memo Louis Dreyfus
Plastics LLC dated 2/21/01 Are you going to add this clause? I could not
find it. Please let me know.
5. I'm missing Exhibit B (Gty. form from party B) I faxed you the sample
format I received from them for your review, please let me know if it will be
provided in the near future.
FYI
Enron's credit rating will be only S&Ps and our gty. should be for financial
transactions only.
Everything else looks fine with me.
Thanks for all your work on this matter,
Nidia A. Mendoza
Credit Staff
Enron Corp.
1400 Smith St., Suite 2858A
Houston, TX 77002
Tel: 713/853-4868
Fax: 713/853-9476
-----Original Message-----
From: Panus, Stephanie
Sent: Tuesday, February 27, 2001 10:30 AM
To: Mendoza, Nidia
Cc: Shackleton, Sara
Subject: Louis Dreyfus Plastics
Nidia,
Please review the attached revised Master for Louis Dreyfus Plastics to
confirm your credit changes. Also, will our credit rating be only S&P and
not Moody's and will our guaranty be for financial only?
Thanks,
Stephanie
<< File: 049Bctr(l d plastics).doc >> | {
"pile_set_name": "Enron Emails"
} |
Unbelievable. Do you want to talk about Freeman and CPA?
-----Original Message-----
From: Calger, Christopher F.
Sent: Thursday, August 09, 2001 2:33 PM
To: Jacoby, Ben; Wiggs, Brett
Cc: Kitchen, Louise
Subject: Calpine - Westinghouse
Calpine just bought 27 Siemens machines - they may be a MHI bid.
Chris Calger
503-464-3735 | {
"pile_set_name": "Enron Emails"
} |
Due to some problems with my email yesterday, I may not have received your
RSVP.....please excuse any confusion this may have caused.
RSVP REQUESTED!
The Environmental Strategies Group will convene an "Emissions Strategy
Meeting" on Friday, May 18 to discuss global emissions issues -- such as air
quality regulation, climate change and U.S. multipollutant legislation -- and
explore some of the potential business opportunities for Enron commercial
groups.
WHEN: Friday, May 18
TIME: 10:00 am - 3:00 pm - lunch will be provided
WHERE: Enron Building, 8C1 (8th floor)
A video conference is being organized to enable broad participation from the
London office and a teleconference will be set up for others who would like
to call in.
The primary objectives of the session are to 1) provide you with the latest
information on emissions regulation, markets, and Enron's advocacy efforts
worldwide and 2) receive feedback on your commercial interests and input on
policy options so that we may develop the best business and policy strategies
for Enron in both the short and long term. We invite you or a member of your
group to participate in this important strategic discussion.
Please RSVP as soon as possible and let us know if you plan to participate in
person, via teleconference or via video conference from the London office.
An agenda is forthcoming. If you have any questions or suggestions in
advance of the meeting, please do not hesitate to contact me or Jeff Keeler.
We look forward to your participation.
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"
} |
good seats sill available
Matthew Arnold
11/27/2000 12:33:48 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: not good for the under
guess who is a sponsor of the galleryfurniture.com bowl? tickets available
in the energizer for $8. | {
"pile_set_name": "Enron Emails"
} |
Dear all,
Anjam and myself had a highly productive and informative set of meetings
with Andreas Barkchis of MG Metals NY on Thursday 20th July in the NY
office. Firstly we should say "thanks" to Andreas for being so helpful in
addressing out numerous requests for information - we look forward to
establishing a solid working relationship with him going forward.
Find below a summary of Version_1a for initial rough calculation of MG
Metal's VAR.
Also Anjam, Kirstee (from London side) and Cantekin, Grant, Vince and myself
(Houston side) have been working for last 2 days on the spreadsheet VAR
model.
The current status of this effort and a plan for future progress is
summarized in the enclosed document:
______________________________________________________________________________
_______________________________________________________
V@R methodology for MG Metals positions
Version_1a
Introduction
This document describes the initial rough model for calculations
Value-At-Risk for MG Metals. This model will be implemented in a spreadsheet,
which will serve as a prototype for the RiskTrac implementation.
Risk factors
The following positions represent most of MG Metal,s risk and will be covered
by Version_1a:
- Base metals, positions including:
- aluminium;
- copper;
- gold;
- lead;
- nickel;
- silver;
- tin;
- zinc;
Risk related to these positions will be quantified by simulating forward
prices for each metal.
- Copper concentrate;
Risk related to these positions will be quantified by simulating TC charges.
- Cocoa beans;
Risk related to these positions will be quantified by simulating forward
prices for cocoa beans.
Therefore these 10 curves will drive the risk: price curves for aluminium,
copper, gold, lead, nickel, silver, tin, zinc and cocoa beans plus tc curve
for copper concentrate.
Assumptions and simplifications:
- For each metal we are going to use a single price curve or all types of
products (physical, financial, LME traded, Comex traded, scrap, alloy, stock,
etc.);
- Delta, gamma approach for risk on options, positions;
Components required to implement V@R model:
- current forward prices available from Mercur;
- current implied volatilities available through Reuters;
- current positions from Mercur;
- history of prices required to calculate factor loadings and correlations
across commodities;
Methodology
Version_1a will be based on Risk Matrix approach. We will calculate principal
components for each metal and cocoa beans to take in account the correlations
along the term structure. We will also calculate the correlations across
commodities based on prompt month prices history for last 3 months.
Portfolio hierarchy
Each position will be assigned to one of the following portfolios under the
whole portfolio AGG-METALS:
- MG Metal & Commodity Corp.
- MG Ltd.;
- MG Metal & Commodity Company Ltd.;
- MG Metall Recycling GmbH, Ffm;
Under each of these sub-portfolio there will be the following sub-portfolios:
- Comex;
- Frame contract;
- LME;
- LME Alloy;
- LME Metal Index;
- Option Call;
- Option Put;
- Physical;
- Physical Alloy;
- Physical Real;
- Physical Scrap;
- Price Part.;
- Prov. Billing;
- Stock;
- Stock Alloy;
- Stock Comex;
- Stock Physical;
- Stock Scrap; | {
"pile_set_name": "Enron Emails"
} |
Tracy's address
----- Forwarded by Sara Shackleton/HOU/ECT on 09/28/2000 05:58 PM -----
"Ross, Tracy " <[email protected]>
09/28/2000 05:35 PM
To: "'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>
cc: "Fleming, Blair " <[email protected]>,
"'[email protected]'" <[email protected]>
Subject: Interest Rate Swap
Attached is the revised interest rate swap. We will send the signature page
tomorrow.
<<interest rate confirm.doc>>
Tracy Ross, Counsel, Royal Bank of Canada
Phone: 416-974-5503; Fax: 416-974-2217
File -
This email may be privileged and confidential.?
Any dissemination or use of this information by a person other than the
intended recipient(s) is unauthorized.? If you receive this in error, please
advise me immediately.
- interest rate confirm.doc | {
"pile_set_name": "Enron Emails"
} |
Dear ShareBulder:
I am pleased to announce the selection of the GE Money Market Fund (the "GE
Fund") as an improved way to manage your ShareBuilder account cash
balances. Beginning October 2, 2000, all customer deposits and cash balances
will
be automatically "swept" into the GE Fund and maintained there. When you
purchase stock through ShareBuilder, money will be automatically transferred
back from the GE Fund to cover your transactions. This will all be done
automatically. You do not have to do anything to arrange transfers and you
will
be able to access your ShareBuilder cash balances as quickly as you can
today.
The GE Money Market Fund is administered by GE Asset Management, Inc., a
registered investment adviser and wholly-owned subsidiary of General Electric
Company. GE is one of the largest fund management businesses in the U.S. -
their investment advisory business oversees more than $100 billion. This
replaces our current structure, which pays daily interest on your cash
balances. You should generally realize a higher return through the GE Fund -
money
fund dividend yields tend to exceed the discounted T-Bill interest rates we
now pay. GE Fund dividends will be calculated daily and posted monthly to
your online ShareBuilder account statement.
This ShareBuilder upgrade will be part of every account and will be added
to the "Terms and Conditions" in the account agreement. Beginning October
2nd, all current and future customer accounts will automatically incorporate
the GE Fund for cash balances. We will provide a link to the GE Fund's
prospectus directly from ShareBuilder.com.
Again, you don't have to do anything to effect this change. However, if
you have any concerns or questions, please contact us via email at
mailto:[email protected] or toll-free at 888-NET-STOK between the
hours of 6 AM
and 6 PM Pacific Time, Monday through Friday.
I am very excited about this enhancement to ShareBuilder, and I hope you
enjoy the change!
Sincerely,
Jeff Seely
President and CEO
Netstock Investment Corporation | {
"pile_set_name": "Enron Emails"
} |
I forgot to send this one on...SRS
---------------------- Forwarded by Sherri Sera/Corp/Enron on 11/13/2000
05:11 PM ---------------------------
Sharon Lay <[email protected]> on 11/10/2000 11:01:07 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: FW: FW: ELECTION NEWS
Sherri, there is a polo party tonight at Solero if you are available!
> ----------
> From: [email protected][SMTP:[email protected]]
> Sent: Thursday, November 09, 2000 12:13 PM
> To: [email protected]; [email protected]; [email protected];
> [email protected]; [email protected]
> Subject: Re: FW: ELECTION NEWS
>
> <<truman2002.ppt>>
> I'll send it again here -- just a Missouri political joke... I'll resend
> it
> to a few of you in case you had trouble opening it...
>
- truman2002.ppt | {
"pile_set_name": "Enron Emails"
} |
Gerald,
I just received a copy of the revised LIG invoice from Bob Walker. They are now billing Bridgeline for the amount owed. I am concerned that Bob states in the letter that I provided Bridgeline's costs on their behalf.
Any thoughts as to what this might open up?
Thanks,
Karen | {
"pile_set_name": "Enron Emails"
} |
It is not on any of my FERC approved lists.
Genia
Tana Jones
07/13/2000 09:40 AM
To: Genia FitzGerald/HOU/ECT@ECT, Rhonda L Denton/HOU/ECT@ECT
cc:
Subject: Northville Industries Corp.
London Legal called and the referenced US counterparty has come through the
London Credit based list, and they need to know if they have a US power
marketing license. Can you let me know? Thanks! | {
"pile_set_name": "Enron Emails"
} |
Chris Germany:
message | {
"pile_set_name": "Enron Emails"
} |
Jeff -
Given everything going on, I've decided to not come to SF. I still think
that you, Sue, Harry and Michael should talk on Monday pm. Michael has your
address and will come by around 5pm
Jim
From: Jeff Dasovich on 04/13/2001 09:53 AM
Sent by: Jeff Dasovich
To: James D Steffes/NA/Enron@Enron
cc:
Subject: Re: BANKRUPTCY MESSAGING on Negative CTC
Agreed. That time works for me.
Jeff
James D Steffes
04/12/2001 07:46 PM
To: Susan J Mara/NA/Enron, Jeff Dasovich/NA/Enron@Enron, Harry
Kingerski/NA/Enron@Enron
cc: Michael Tribolet/ENRON@enronXgate, Steven J Kean/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Karen
Denne/Corp/Enron@ENRON, Vicki Sharp/HOU/EES@EES
Subject: BANKRUPTCY MESSAGING on Negative CTC
Jeff, Sue & Harry --
Michael and I are both in SF on Monday evening. We were talking about
getting together some time in the evening to put together a framework of our
case around the Negative CTC in "bankruptcy" terms.
Does everyone agree and does the time work?
Jim | {
"pile_set_name": "Enron Emails"
} |
FEBRUARY 4:
? Former Enron Chairman Lay withdraws from hearings
<http://www.chron.com/cs/CDA/story.hts/special/enron/1239080>
? Ex-workers let down as Lay alters his plans
<http://www.chron.com/cs/CDA/story.hts/special/enron/1239043>
? Text of withdrawal letter
<http://www.chron.com/cs/CDA/story.hts/special/enron/1239042>
? Enron debacle forces sharper focus on company audit committees
http://www.chron.com/cs/CDA/story.hts/special/enron/1238948>
? Bentsen heads roundtable session with ex-Enron workers
<http://www.chron.com/cs/CDA/story.hts/special/enron/1239081>
? Jackson seeks support for ex-Enron staffers
<http://www.chron.com/cs/CDA/story.hts/special/enron/1239073>
? Volcker to lead panel offering changes in auditor's practices
<http://www.chron.com/cs/CDA/story.hts/special/enron/1239055>
FEBRUARY 3:
? Enron internal report blasts managers on partnerships
<http://www.chron.com/cs/CDA/story.hts/special/enron/1238324>
? Debate continues over disclosure of Bush White House energy meeting
<http://www.chron.com/cs/CDA/story.hts/special/enron/1238759>
? Fastow, Kopper to take 5th, lawmaker says
<http://www.chron.com/cs/CDA/story.hts/special/enron/1238725>
? Enron's collapse haunts World Economic Forum
<http://www.chron.com/cs/CDA/story.hts/special/enron/1238720>
? Some ex-Enron employees plan to be watching
<http://www.chron.com/cs/CDA/story.hts/special/enron/1238719>
? Andersen hiring ex-Fed chairman for oversight board
<http://www.chron.com/cs/CDA/story.hts/special/enron/1238718>
? The rise of Ken Lay as dramatic as his fall
<http://www.chron.com/cs/CDA/story.hts/special/enron/1238307>
? Live coverage of Lay's scheduled hearings changing
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237172>
? Barry: Explaining the Enron collapse through simple financial term
<http://www.chron.com/cs/CDA/story.hts/special/enron/1233584>
? Enron's failures rippling
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237230>
? Former Enron Chairman Lay withdraws from hearings
<http://www.chron.com/cs/CDA/story.hts/special/enron/1238799>
FEBRUARY 2:
? Justice Dept. tells White House to preserve Enron documents
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237481>
? Lay: Corporate father figure-turned-condemned business titan
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237933>
? Bush's 401(k) plans met with criticism from Enron workers
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237402>
? Enron allegations too vague for his staff to probe, DA says
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237473>
? Lay's influence seen in interview
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237472>
? Lay's son, sister profited from dealings with Enron
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237423>
? Sports authority repays ballpark loan
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237422>
? Enron executives' image slips in new poll
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237413>
? Trade group says it no longer opposes limits on consulting
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237407>
? Congressmen cry foul in Enron's self-investigation
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237367>
? Enron Briefs
<http://www.chron.com/cs/CDA/story.hts/special/enron/1237419> | {
"pile_set_name": "Enron Emails"
} |
Attached is our injunction Stipulation in executed form.
- HAO_2.pdf | {
"pile_set_name": "Enron Emails"
} |
----- Forwarded by Tana Jones/HOU/ECT on 05/15/2001 04:38 PM -----
ARSystem <[email protected]>
05/15/2001 03:50 PM
To: "[email protected]" <[email protected]>
cc:
Subject: Request Closed: Access Request for [email protected]
The request has been completed with all resources requested either completed
or rejected. You can view the details of the request by clicking
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000034932&Page=
MyReq. | {
"pile_set_name": "Enron Emails"
} |
stupid yahoo msg went down
-----Original Message-----
From: Scott, Susan M.
Sent: Wednesday, March 13, 2002 2:39 PM
To: Quigley, Dutch
Subject: yahoooooooooooooooooooo
i've lost my link to NYMEXINFO.COM | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Eric Bass/HOU/ECT on 01/04/2000 03:38 PM
---------------------------
Enron North America Corp.
From: Lisa Gillette 01/04/2000 03:23 PM
To: Timothy Blanchard/HOU/EES@EES, Christopher
Coffman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eric Bass/HOU/ECT@ECT, Matthew
Lenhart/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT, Benjamin Markey/HOU/ECT@ECT,
Kyle Etter/HOU/ECT@ECT, Carrie Southard/HOU/ECT@ECT, Susan M
Scott/HOU/ECT@ECT, Christa Winfrey/HOU/ECT@ECT, Misti Day/HOU/ECT@ECT, Shanna
Husser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert
Norton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Hang Bui/HOU/ECT@ECT,
[email protected], Dan Feather/HOU/EES@EES, Heather Alon/HOU/ECT@ECT, Sheetal
Patel/HOU/ECT@ECT, Michael Kolman/HOU/ECT@ECT, Kreg Hall/HOU/ECT@ECT, Mason
Hamlin/HOU/ECT@ECT
cc:
Subject: Tonight's Gathering - National Championship
Hello Everyone,
I hope that you all enjoyed the holidays, and I'd venture to say that most of
you enjoyed it more than I did. I did however have a great New Years. It
actually inspired this email. On the 6 hour trip back to Houston from New
Orleans yesterday Tim and I came to the conclusion that the analysts haven't
gotten together in awhile and decided to arrange a gathering. We were
thinking about doing Texadelphia tonight for the Sugar Bowl. It's located at
6025 Westheimer (ph # 713-785-6700). Also, I think we are going to do
Woody's on Richmond Thursday night if anyone's interested. Please let me
know if you plan on attending. I think we are going to head over there
between 6:30 - 7:00.
Hope to see you all tonight!!
LISA | {
"pile_set_name": "Enron Emails"
} |
Yes, I had already approved them for trading without any restrictions. When
I got the signed master in, it just meant that the confirmations now took a
different path.
Something that yall will find helpful... I've been working with the Lotus
Notes people in upgrading our current Master Swap Agreement database, and
once its finalized we will be opening view access to anyone who wants it. I
am adding drop downs for "approved for online trading", so you will be able
to confirm our approval, als, contract information which is currently
provided on a monthly basis will now be available at all times. I think
other groups that rely on our contract information, Credit, Settlements,
Global Contracts, EOL, dealmakers, or anyone else (at ECT or ECT Canada for
confidentiality purposes) will now be able to be seeing what we're seeing in
terms of the financial contacts.
I was told my prototype would be done by the end of the week, and then we'll
have to test it, but hopefully this information will be available soon. I
hope this is helpful! | {
"pile_set_name": "Enron Emails"
} |
Contact me tomorrow @ 3032788492 prior to e mailing me the document as discussed below.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)
-----Original Message-----
From: Armstrong, Julie <[email protected]>
To: McCarty, Danny <[email protected]>
Sent: Tue Nov 20 18:55:24 2001
Subject: RE: ASAP Signature required
Danny:
I have your request in to Teresa to email document. Reminder that I have blood test at 7:30 and will be at the office asap. Audrey is covering phones and is updated on the situation.
-----Original Message-----
From: McCarty, Danny
Sent: Tuesday, November 20, 2001 5:16 PM
To: Armstrong, Julie
Subject: Re: ASAP Signature required
E mail the consent to me. I'll sign it in counterpart, then I'll find a fax somewhere and fax it back to you. E mail me at [email protected]. Call me to give me a heads up.
Dan
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net) | {
"pile_set_name": "Enron Emails"
} |
Latest version.
---------------------- Forwarded by Kay Mann/Corp/Enron on 11/07/2000 09:56
AM ---------------------------
"FAYE STEDMAN" <[email protected]> on 11/03/2000 05:01:29 PM
To: <[email protected]>
cc: "Chris Cobb" <[email protected]>, "PAUL PIPITONE"
<[email protected]>, "PETER THOMPSON" <[email protected]>
Subject: Blacklines, etc for GE Form Turbine Agreement
At the request of Peter Thompson, attached please find the blacklines of the
GE Form Turbine Agreement, the first showing changes from version 1 to
version 5; the second showing changes from version 3 to version 5. Also
attached please find Exhibit N-3 as well as a memo summarizing questions and
comments pertaining to the agreement.
If you have any questions or comments, please feel free to call Peter
Thompson at (202) 662-2780 or reply via e-mail at [email protected].
- 82651_1.DOC
- 554888v3-v5.DOC
- 554888v1-v5.DOC
- 82660_1.DOC | {
"pile_set_name": "Enron Emails"
} |
---------------------- Forwarded by Don Miller/HOU/ECT on 11/21/2000 03:36 PM
---------------------------
Don Miller
11/21/2000 11:48 AM
To: Jinsung Myung/Corp/Enron@Enron
cc:
Subject: Caledonia Directions
---------------------- Forwarded by Don Miller/HOU/ECT on 11/21/2000 11:47 AM
---------------------------
Ross Newlin@EES
11/21/2000 11:23 AM
To: Don Miller/HOU/ECT@ECT
cc:
Subject: Caledonia Directions
Per your request
---------------------- Forwarded by Ross Newlin/HOU/EES on 11/21/2000 11:23
AM ---------------------------
Cecilia Ramirez
11/21/2000 10:52 AM
To: Ross Newlin/HOU/EES@EES
cc:
Subject: Caledonia Directions
Caledonia
Contact is:
Pat Cathers - Plant Manager (662) 356-4109 office (662) 386-2284 Cellular
Ron Dennison - Plant Supervisor (662) 386-1125
Plant Address: 2278 Caldwell Rd. Caledonia, MS 39740
Driving Instructions:
1. Fly to Birmingham, Ala
2. Drive to Columbus, Miss
3. From Columbus, Travel north on highway 45. Your turn-off is about 10
miles north of Columbus
4. From the Tupelo/Aberdeen or Points North, Travel south on hwy 45. Your
turn off is about 5-7 miles
south of Hamilton.
5. The turn off landmark is a BP station located on the east side of the
highway. Turn onto Caledonia-Koklola Springs Road
6. You will immediately Encounter a Y in the road. Take the right hand Y
onto spruill Road.
**Note: There may be a sign that identified the road as Ridge Road, however
the maps say it is Spruill
7. Travel 1/2 miles and take a left on Spruill and across the railroad
tracks.
8. Follow Spruill to the end and turn left onto Wolf road
9. Take the first right onto Williams road
10. Follow Williams To Caldwell (Williams will turn into Caldwell)
11. Follow Caldwell Around the substation to the plant (entrace on the
right) | {
"pile_set_name": "Enron Emails"
} |
Here is what I have so far, I apologize for not sending these yesterday.
1) Definitions -
Fuel Costs - Refers to ET Fuel costs. I don't think this is defined
anywhere, and in the TECO transaction this refers to existing gas supply
contracts. Reagan - Does MDEA have any existing gas supply contracts?
As a general comment, do we need to define the cost of serving their load
through third party purchases?
2) Section 2 - Term
Whose option is it to extend the term of this deal? It sounds like both
parties have the right to extend, but then later in the paragraph it states
MDEA has the right to extend. In the TECO agreement, TECO had a unilateral
right to extend the contract for the first year.
3) Section 8 - Accounting and Reports
paragraph (c) refers to Existing Transactions - I thought we were taking
this out.
4) Section 10 - Delivery Point and Title
Do we need to state where EPMI delivers to MDEA?
5) Section 11 - Fuel Management Services
It is my understanding that at the beginning of this agreement, ENA will
'sleeve' the gas purchases, and the ultimate goal is to help MDEA set up
master agreements with multiple parties. However, my interpretation of the
statement in para (a) "The parties recognize that without MDEA's full and
active participation....EPMI will not be able to procure fuel for the
facilities or seek to reduce Fuel Costs," is that we will not be sleeving
any gas purchases. Is this the case?
6) Section 13 - Payment and Fees
It is my expectation that most months, we will be billing MDEA to pay our
costs of serving their load, not redeeming to MDEA the Market Proceeds. I
think that para (a) is a little confusing because it mixes the two of these
together. I think it may be easier to understand if these two are broken out.
Also, there will be times that we may have to sell off energy that we have
overpurchased to serve their load. We need to explicitly define how this
will be handled.
Reagan - Here are a few comments about the exhibits:
1) Exhibit [] - Reports
I think I said this in my last e-mail, but the P&L, Risk Statement will not
include 'various risk indicators for MDEA's power output for the term of this
agreement' We may need to talk about this further.
2) Exhibit XX - MDEA EPMI Incentive Fee Calculation
Let's talk about this.
I'll let ya'll know if there is anything else!
Thanks,
E | {
"pile_set_name": "Enron Emails"
} |
This legislator is very bright and articulate -- he obviously "gets it"
Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 07/13/2001 03:54 PM -----
Peter Bray@NEWPOWER
07/13/2001 09:40 AM
To: [email protected]
cc:
Subject: From Assemblyman John Campbell's Laptop To Yours, 7/13/01
Y'all could have an ally in John Campbell, to the extent you want to work the
Sacramento leagues... Peter
----- Forwarded by Peter Bray/HOU/NewPower on 07/13/01 09:38 AM -----
"Cowen, Jennifer" <[email protected]>
07/13/01 09:19 AM
To:
cc:
Subject: From Assemblyman John Campbell's Laptop To Yours, 7/13/01
Campbell's Capitol Communications
Weekly Report
July 13, 2001
Governor's myths
We have known for some time that Gray Davis is a much better fundraiser and
political spin doctor than he is a Governor, but lately he is taking the
spin way too far. He is so desperate to find villains with whom he can
deflect focus from his own record that he continues to ignore facts. Here is
my effort to set the record straight on several of the Governor's, and his
lackeys, recent
pronouncements on energy and the budget.
Energy:
MYTH: "All Texans are evil"
His spokesman said, "Anywhere they wear cowboy hats, they probably have
handkerchiefs across their face because they are robbing us blind."
Why he said it: George Bush is from Texas and is a convenient scapegoat.
FACT: Only 2 of the 12 largest energy suppliers to California are from Texas
and they provide only 9% of the state's energy use.
MYTH: "Private power generators charged California the most"
Governor Davis said, "What's going on here, pure and simple, is
unconscionable price-gouging by the big energy producers."
Why he said it: Polls show that it is easier to blame power generators for
the energy crisis than anyone else. FACT: The private company power
generators charged substantially lower prices over the last few months for
energy than the public agencies. In fact, documents recently released
reveal that Enron and Mirant averaged $181 and $225 per megawatt while LADWP
and Sacramento Municipal averaged $292 and $330 for energy sold to the state
during the first quarter of this year.
MYTH: "Power companies manipulated prices"
Governor Davis said, "Their testimony could be the "smoking gun" that
demonstrates there was improper manipulation of California's electricity
market."
Why he said it: another way to say, "its not my fault, its their fault"
FACT: Duke energy shut its plant down because it was ordered to, in order to
balance the grid, by the California ISO, an entity overseen entirely by
Davis appointees.
Budget:
MYTH: "Republicans want to cut education spending"
A lead education appointee said, "We feel very strongly that agreeing to
that would put us in a position where children would lose." Why it was said:
he needs to think of something to justify his tax increase. FACT:
Republicans have never proposed cuts in education out of the current budget.
We have instead proposed reducing pork, entirely new or expanded
programs, and cutting funded but vacant bureaucratic positions.
MYTH: "The $1.2 billion sales tax increase is not a tax increase"
The Governor said, "They've just invented this argument about a tax
increase. It's just nonsense. It's not a tax increase."
Why he said it: he wants to maintain the illusion of being a fiscal
conservative FACT: One year ago, when the sales tax was cut, Davis had a
news conference announcing "This tax decrease will benefit every
Californian. It will put even more of our prosperity in the hands of those
who created it in the first place - the taxpayers of this State." Now, when
the same tax goes up, it is not a tax increase?
I will let you figure out for yourself whether or not these myths are indeed
myths -- I only hope that you won't be using the Governor's statements for
your facts.
Until next week, that's all for this week.
John Campbell
Feel free to forward this e-mail to a friend!
If you wish to be taken off this e-mail list, please notify me.
Jennifer Cowen, District Director
Assemblyman John Campbell, 70th District
949.863.7070
949.863.9337 fax | {
"pile_set_name": "Enron Emails"
} |
Today we announced the appointment of Jeff McMahon as Enron's chief financial officer. In my continued discussions with the financial community yesterday and today, it became clear that this move was required to restore investor confidence. Jeff has unparalleled qualifications and a deep and thorough understanding of Enron. He is already on the job and hard at work on the issues before us. Andy Fastow will be on a leave of absence from the company.
Jeff had been serving as chairman and CEO of Enron Industrial Markets. He joined Enron in 1994 and spent three years in the London office as chief financial officer for Enron's European operations. Upon returning to the U.S., Jeff was executive vice president of finance and treasurer for Enron Corp. In 2000, he was named president and chief operating officer of Enron Net Works.
I know all of you are concerned about the continuing decline in our share price. I am too, and we are working very hard to turn it around. Appointing Jeff as CFO is one important step in that process. But most of the solution involves just continuing to do our jobs with excellence. The fundamentals of our business are strong, and I think the market will begin to see that as we continue to perform.
Please join me in giving Jeff your full support, and thank you for all of your continued hard work. | {
"pile_set_name": "Enron Emails"
} |
you might want to package a deal and move up to number 1 b/c if not you wont
get the player you want. daddy has #1. | {
"pile_set_name": "Enron Emails"
} |
----- Forwarded by Jeff Dasovich/NA/Enron on 04/04/2001 11:52 AM -----
"Ronald Carroll" <[email protected]>
04/04/2001 11:41 AM
To: <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>
cc:
Subject: Fwd: Edison gets more time; Calif. may sell $14 bln bonds
----- Message from "Tracey Bradley" <[email protected]> on Wed, 04 Apr
2001 08:34:07 -0500 -----
To: "Justin Long" <[email protected]>, "Paul Fox" <[email protected]>
cc: "Jeffrey Watkiss" <[email protected]>, "Ronald Carroll"
<[email protected]>
Subject: Edison gets more time; Calif. may sell $14 bln bonds
Tuesday April 3, 6:15 pm Eastern Time
Edison gets more time; Calif. may sell $14 bln bonds
(UPDATE: Recasts, adds details throughout, byline)
By Jonathan Stempel
NEW YORK, April 3 (Reuters) - Edison International (NYSE:EIX - news), parent
of troubled utility Southern California Edison, said on Tuesday bankers are
giving it and the utility more time to cure their defaults on three credit
lines.
The announcement came after the California Public Utilities Commission (PUC),
which sets rates, also on Tuesday voted to authorize the state's Department
of Water Resources to sell between $12 billion and $14 billion of bonds to
finance power purchases, and examine the financial links between the
utilities and their parents.
The 30-day extension from Edison's banks means the banks will ``forbear,'' or
not act upon, the credit line defaults.
``That will take us out to basically around April 14,'' said Ted Craver,
chief financial officer of Edison International, during an investor
conference call. The prior forbearance, the banks' second, had expired March
13.
The California power crisis has led to periodic blackouts and left SoCal
Edison, which owes more than $5.4 billion for post power costs, and the
state's largest utility Pacific Gas & Electric Co., which owes about $8.9
billion, on the brink of bankruptcy. A rate freeze imposed under the state's
1996 utility deregulation law has prevented them from passing on their
soaring wholesale power costs to consumers.
Though the PUC awarded the utilities a roughly 40 percent rate hike last
week, allowing them to collect $4.8 billion more each year, analysts and the
utilities said the hike effectively does nothing to let the utilities to
recoup their prior costs.
``At best the utility is standing still (in that) it hasn't improved its cash
flow or its cash position,'' said Craver. ``At worst, it is going backwards.
That's our basic conclusion on the numbers and the mechanisms as we
understand them.''
San Francisco-based PG&E Corp. (NYSE:PCG - news), parent of Pacific G&E, has
said it expects to take a $4.1 billion charge for unrecouped electricity
costs, while Rosemead, Calif.-based Edison has said it may take a
``substantial'' charge that may total as much as $2.7 billion.
The California Independent System Operator, which runs most of the state's
power grid, early on Tuesday called another Stage Two emergency alert because
of supply problems. Such alerts are declared when power reserves fall to
within 5 percent of peak demand. The alert was later lifted.
Edison shares closed Tuesday on the New York Stock Exchange at $12.82, up 27
cents, or 2.2 percent. PG&E shares closed on the Big Board at $11.53, down 22
cents, or 1.9 percent.
Craver also said in the conference call that SoCal Edison has rolled over
364-day and 5-year Libor-based credit facilities that recently matured for a
respective 30 and 90 days, and that Edison rolled over one of its own
facilities for 45 days.
He concluded the call by expressing relief that creditors have not yet thrown
the utility into bankruptcy, which analysts have said could already have
happened by now had the PUC not granted the rate hike.
``I'm somewhat amazed about how disciplined everybody has been,'' he said.
``We're seeking protection from misguided regulatory decisions, and the
solution is really in that same venue, in the regulatory and political and
legislative context.'' | {
"pile_set_name": "Enron Emails"
} |
Gents,
I thought that I would let you know that Rob Hemstock informed me last night that Murray Smith (Minister of Energy) got the PPA Division Regulation through Cabinet yesterday. This essentially allows us to split the PPA with the remaining steps being a formality. The Sundance B PPA will become the Sundance B3 and Sundance B4 PPAs within the next week.
ENRON CANADA CORP.
Derek J. Davies
Vice President | {
"pile_set_name": "Enron Emails"
} |
Vector Pipeline will be purchasing line pack for gas days November 18
through 20, 2000. Please see attached document.
(See attached file: Offer to Purchase Nov. 18-20.doc)
Keith Irani
Manager, Marketing Services
Vector Pipeline
416 495-5960
[email protected]
- Offer to Purchase Nov. 18-20.doc | {
"pile_set_name": "Enron Emails"
} |
To find out about accessories, useful add-on software, and replacement parts, please visit the web site www.palm.com. Outside the US, please call one of the InfoLine numbers from the Worldwide Customer Support Information card. | {
"pile_set_name": "Enron Emails"
} |
Please disregard previous email.
Attached please find a Revised EPMI Power Credit Watch List as of 12/15/00.
Please direct any questions and/or comments to the Credit Hotline
(713-853-1803). | {
"pile_set_name": "Enron Emails"
} |
Thank you,
cell phone# 713-899-0954 and home# 713-802-9262 (the cell phone is the best way to get in touch with me)
I'll see you tomorrow have a nice day,
-Joe
-----Original Message-----
From: Jonda Stowell <[email protected]>@ENRON [mailto:IMCEANOTES-Jonda+20Stowell+20+3Cjls+40fullenweider+2Ecom+3E+40ENRON@ENRON.com]
Sent: Monday, October 01, 2001 12:36 PM
To: Stepenovitch, Joe
Subject: RE: Discovery Responses
Joe-
I can't guarantee what time he will call today, but it will have to be
between appointments. As he will be at a seminar all next week, his
appointments were scheduled VERY tight this week, along with three days of
depositions which have been scheduled for over 2 months. It may not be
until this evening. He has your work and cell phone numbers.
Jonda
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Monday, October 01, 2001 12:41 PM
To: [email protected]
Subject: RE: Discovery Responses
I will be there tomorrow at 3:45.... Do you know about what time Mr.
Fullenweider will be calling so I can give you the phone number. I leave
work around 3:30. Whatever time is best for him!
Thanks again,
-Joe
-----Original Message-----
From: Jonda Stowell <[email protected]>@ENRON
[mailto:IMCEANOTES-Jonda+20Stowell+20+3Cjls+40fullenweider+2Ecom+3E+40ENRON@
ENRON.com]
Sent: Monday, October 01, 2001 12:28 PM
To: Stepenovitch, Joe
Subject: RE: Discovery Responses
Joe,
Can you come Tuesday at 3:45 to meet with me?
I have given Mr. Fullenweider a message to call you in the interim.
Jonda
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Monday, October 01, 2001 11:32 AM
To: [email protected]
Subject: RE: Discovery Responses
Jonda,
I understand Mr. Fullenweider has meeting but after what Tonya put me
and
my family through last week we would like some answers and action. I
have
cut off all communication with her and now she is sending me emails
(trying
to act like nothing happened) I'm sure her lawyer is telling her to do
that
so she can say she has been keeping me informed of my son. (I will
forward
them to you) I am very upset and I'm sure you can understand why, I
really
think there is something really wrong ( I just have that feeling or she
is
mentally unstable ) How can she be aloud to keep me from my son?
Anyway, If I can't meet with Mr. Fullenwerider can you and I meet to go
over the discovery responses and does this mean were going to a jury
trial?
Why are they aloud to ask these questions and are we doing the something
to
Tonya? I don't understand....
I can't get out of leaving on Thursday, this is a business meeting for
work
(not pleasure) I can come Today, Tuesday and Wednesday anytime after
3:30.
I hope that helps
Thanks again,
-Joe
-----Original Message-----
From: Jonda Stowell <[email protected]>@ENRON
[mailto:IMCEANOTES-Jonda+20Stowell+20+3Cjls+40fullenweider+2Ecom+3E+40ENRON@
ENRON.com]
Sent: Monday, October 01, 2001 10:59 AM
To: Stepenovitch, Joe
Subject: RE: Discovery Responses
Dear Joe,
I'm sorry but I have Mr. Fullenweider scheduled in back-to-back
meetings,
hearings and depositions this week. I might be able to arrange a
short
telephone conference today or tomorrow. Otherwise, his deposition
schedule
may clear up on Wednesday and Thursday depending on how the Judge
rules
at a
hearing tomorrow morning. If the depositions get reset by the Court,
I
could fit you in on Wednesday or Thursday.
I absolutely must visit with you this week about your discovery
responses
because I will be out of town next week and they are due next Friday.
Jonda
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Monday, October 01, 2001 7:45 AM
To: [email protected]
Subject: RE: Discovery Responses
Good Morning Jonda,
I would like to met with Mr. Fullenweider today if that is possible?
I'm
going out of town Thursday thru Sunday of this week. I think it is
very
important that I speak with him as soon as possible. Please let me
know
if
today is good for him. Thanks again,
-Joe
-----Original Message-----
From: Jonda Stowell <[email protected]>@ENRON
[mailto:IMCEANOTES-Jonda+20Stowell+20+3Cjls+40fullenweider+2Ecom+3E+40ENRON@
ENRON.com]
Sent: Sunday, September 30, 2001 12:18 PM
To: Stepenovitch, Joe
Subject: Discovery Responses
Dear Joe,
Would it be possible for you to come in one day next week at
about
3:00
p.m. to go over your discovery responses? Alternatively, you
could
come in two days at 4:00 p.m. On Thursday, I leave early for my
son's
soccer practice. Perhaps Tuesday and Friday would be good for
you???
Jonda L. Stowell
Legal Assistant
The Fullenweider Firm
4265 San Felipe, Suite 1400
Houston, TX 77027
(713) 624-4100 Telephone
(713) 624-4141 Facsimile
e-mail: [email protected]
**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant
affiliate
and
may contain confidential and privileged material for the sole use of
the
intended recipient (s). Any review, use, distribution or disclosure
by
others is strictly prohibited. If you are not the intended recipient
(or
authorized to receive for the recipient), please contact the sender
or
reply
to Enron Corp. at [email protected] and delete
all
copies of the message. This e-mail (and any attachments hereto) are
not
intended to be an offer (or an acceptance) and do not create or
evidence
a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may
not
be
relied on by anyone as the basis of a contract by estoppel or
otherwise.
Thank you.
********************************************************************** | {
"pile_set_name": "Enron Emails"
} |
Let me know how it goes. Mark | {
"pile_set_name": "Enron Emails"
} |
FYI -
K&C re-checked BOK and now advises that 7 or 8 reports have been filed since
April 99.
---------------------- Forwarded by Matthias Lee/SIN/ECT on 07/21/2000 05:15
PM ---------------------------
"skhong (Suhn-Kyoung Hong)" <[email protected]> on 07/21/2000 04:10:39 PM
To: <[email protected]>, <[email protected]>
cc:
Subject: OTC commodity derivative
We contacted the responsible officers of the BOK and confirmed that the BOK
received 7 or 8 reports since April last year (when the rules changed)
regarding OTC commodity derivative transactions and all of them were filed by
Hyundai Oil Refinery in connection with oil derivatives. It appears those
reports were accepted by the BOK. The review and processing of the reports
would generally take 1 or 2 weeks. Regards,
-------------------------------------------------------------
E-Mail : [email protected]
Tel. : +822-3703-1114
Fax : +822-737-9091
Address : Seyang Building, 223 Naeja-Dong, Chongro-Ku, Seoul, Korea 110-720
This e-mail is intended for the exclusive use of the individual or entity
named above and may constitute information that is privileged or confidential
or otherwise protected from disclosure. Dissemination, distribution,
forwarding or copying of this e-mail by anyone other than the intended
recipient is prohibited. If you have received this e-mail in error, please
notify us immediately by telephone or e-mail and completely delete or destroy
any and all electronic or other copies of the original message.
------------------------------------------------------------- | {
"pile_set_name": "Enron Emails"
} |
it was ok. we went to the lsu game and lsu lost so we came home that night. what did you do this weekend?
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Monday, October 29, 2001 9:30 AM
To: Lenhart, Matthew
Subject:
i didn't get your message until late last night. what's going on? did you
have a good weekend | {
"pile_set_name": "Enron Emails"
} |
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