text
stringlengths
1
1.59M
meta
dict
Hi Jeff, Madeleine asked that I forward this to you at this email address. Looks like we may have a small group going to Mendocino in September (maybes for Pat Scatena, Madeleine and Nora, and my husband and I are definitely going). Let me know if you are interested. I heard back from Ricochet Ridge (from Lari's executive assistant) that the weekend of September 21-23 (Friday through Sunday) would work best for them to host an advanced group. We should probably confirm as soon as possible, and start looking for accommodations, given that September is a popular time in Mendocino. Her prices this year are $195.00 per person for an all-day ride (they generally start at 9ish and finish at around 3:30 or 4:00). We provide our own lunch, or for $10 more per person, the ranch will pack us lunch. Four-hour rides are $125.00, and can include beach, redwoods or both. The all-day rides are great, because you can go a little farther and get a nice lunch break, usually with a view. But another option would be to do a four-hour ride each day, selecting either beach or forest, to reduce the cost somewhat. Please let me know if you can make it, and what days you would like to ride (Friday, Saturday and/or Sunday), and whether you prefer the all-day or four-hour option. When I know general numbers, we can decide if we would like to get a house (if any are available) or if a hotel/B&B option would work better. Amy Gustafson Finch General Counsel IASCO 1633 Old Bayshore Hwy #280 Burlingame, CA 94010 (650) 259-8400 x104 (ph) (650) 259-8404 (fax) [email protected]
{ "pile_set_name": "Enron Emails" }
Once again.... ---------------------- Forwarded by Kay Mann/Corp/Enron on 10/31/2000 08:59 AM --------------------------- Kay Mann 10/30/2000 06:44 PM To: [email protected], [email protected] cc: Scott Healy/HOU/ECT@ECT, Heather Kroll/HOU/ECT@ECT, Stephen Plauche/Corp/Enron@Enron Subject: Oct 30 version of FCE/Enron contract Gentlemen, Here's the most recent version of the equipment contract. I am including a ComparRite redline version, comparing this version to the Oct 11 version sent by Enron. I look forward to speaking with you soon, Kay
{ "pile_set_name": "Enron Emails" }
Hey Allison, Not much is going on over here, just gutting it out until the weekend. It seems like the weeks get longer and longer, doesn't it? How are things in your world? You can come by whenever you want to get the check. How much do I owe you again? Eric To: Eric Bass/HOU/ECT@ECT cc: Subject: JDF Hey Eric, What's going on? I haven't seen you in a while... I was wondering, when can I come by to pick up your check for JDF? I need an excuse to come visit anyway :) Allison
{ "pile_set_name": "Enron Emails" }
Attached is PIRA's latest "Monthly Gas Forecast." If you have any questions regarding the report's content, please contact: Greg Shuttlesworth (email: [email protected]), Tom Howard (email: [email protected]), Richard Redash (email: [email protected]), Nobu Tarui (email: [email protected]) or Jane Hsu (email: [email protected]), at (212) 686-6808. Contact Client Services regarding PIRA report distribution and address changes at (212) 686-6808, email: [email protected]. NOTE: Circulation of the "Monthly Gas Forecast" outside a Client's licensed distribution area is strictly prohibited. Clients that are unsure of their licensed distribution or require an extension of their current license should contact their PIRA sales representative, or email to [email protected]. PIRA Energy Group - gasnov01.pdf
{ "pile_set_name": "Enron Emails" }
---------------------- Forwarded by Darron C Giron/HOU/ECT on 04/26/2001 11:03 AM --------------------------- From: Veronica Espinoza/ENRON@enronXgate on 04/26/2001 10:02 AM To: Janie Aguayo/HOU/ECT@ECT, Diane Anderson/NA/Enron@Enron, Derek Bailey/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT, Jean Bell/HOU/ECT@ECT, Patricia Boulanger/CAL/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Julie Brewer/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate, Celeste Cisneros/ENRON@enronXgate, Sharon Crawford/CAL/ECT@ECT, Richard Deming/NA/Enron@Enron, Russell Diamond/ENRON@enronXgate, Cindy Feldman/CAL/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Veronica Gonzalez/ENRON@enronXgate, Jeffrey C Gossett/HOU/ECT@ECT, Walter Guidroz/ENRON@enronXgate, Larry Joe Hunter/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON, Nidia Mendoza/ENRON@enronXgate, Tom Moran/ENRON@enronXgate, Bianca Ornelas/NA/Enron@Enron, Leslie Reeves/HOU/ECT@ECT, Tanya Rohauer/ENRON@enronXgate, Dianne Seib/CAL/ECT@ECT, Linda Sietzema/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen Wallumrod/NA/Enron@ENRON, Melinda Whalen/CAL/ECT@ECT, Tiffany Williams/NA/Enron@Enron cc: Subject: Credit Report--4/26/01
{ "pile_set_name": "Enron Emails" }
Cheryl - This is just a quick note to confirm that in our meeting this morning we agreed that: (a) the comparison of the drafts of the Schedule and Paragraph 13 prepared by Southern California Gas Company and our usual language for the same documents will be completed for review by the end of business on Wednesday, October 24 (the cover letter to the comparison should contain clear descriptions of why we prefer our language); (b) your reading of Johnson, "Over-the-Counter Derivatives Documentation" shall be completed by Monday, October 22 so that we can discuss it (please have Keegan Farrell coordinate a time on Monday when we can meet); and (c) you would provide me with a copy of the draft ISDA for Welch's so that I can review the comments of McDermott, Will & Emery. Many thanks. Frank
{ "pile_set_name": "Enron Emails" }
no -----Original Message----- From: Parks, Joe Sent: Monday, January 28, 2002 2:01 PM To: Meyer, Chris Subject: RE: February - TW Volumes vis Compression Services have you gotten a response -----Original Message----- From: Meyer, Chris Sent: Monday, January 28, 2002 12:22 PM To: Parks, Joe; Nemec, Gerald Cc: Knippa, Mark Subject: February - TW Volumes vis Compression Services Boys - will need some sort of transaction agreement (or other agreement) to sale February gas volumes to a third party. To sale January volumes to Sid Richardson, I assume some sort of written arangement. Let me know. chris meyer x31666
{ "pile_set_name": "Enron Emails" }
Hey Janie, How come I haven't seen your name under insider trading. Cindy sold 110,709 shares since last February. Grand total of 6.2 million. Yours truly The Champ
{ "pile_set_name": "Enron Emails" }
Vince, I'm working for Chris Clark, and I was wondering if you can help me to get in touch with someone in the research group who had written some of our software. Kevin Golden tells me that he thinks Jason Sokolov was the guy who had written an application for us to download emissions data from the EPA web site. Could you confirm this? If this is correct, is he still in your group? Thanks a great deal. Sincerely, John Anderson
{ "pile_set_name": "Enron Emails" }
Yes, please when/ where? Debra Perlingiere Enron North America Corp. Legal Department 1400 Smith Street, EB 3885 Houston, Texas 77002 [email protected] Phone 713-853-7658 Fax 713-646-3490
{ "pile_set_name": "Enron Emails" }
When: Thursday, June 14, 2001 1:00 PM-2:00 PM (GMT-06:00) Central Time (US & Canada). Where: EB 2386 *~*~*~*~*~*~*~*~*~*
{ "pile_set_name": "Enron Emails" }
Vince, Iris received an error message when sending this to you so she ask I forward it to you. She is currently living in California. ---------------------- Forwarded by Toni Graham/Corp/Enron on 11/15/2000 09:49 AM --------------------------- "iris mack" <[email protected]> on 11/14/2000 11:20:15 PM To: [email protected] cc: Subject: F/U from Iris Mack, MBA/Phd to Enron Dear Dr. Kaminski, How are you? I seemed to have lost contact with you. The last contact was with a Ms. Graham - regarding my coming to Houston for an interview - while I was still living in London. I am now back in the states - where I spent the last few months working for a dot.com. Although this internet opportunity was interesting, it was not a viable one. I guess part of the technology firm shake out. Therefore I am now interviewing again - with investment banks and insurance companies. Is Enron still interested in having me come down for an interview? If so, please let me know how to proceed. Thank you in advance for your time and consideration. Kind regards, Iris Mack 925.933.7833 _________________________________________________________________________ Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com. Share information about yourself, create your own public profile at http://profiles.msn.com. - CV for Iris Mack, MBA, PhD.doc
{ "pile_set_name": "Enron Emails" }
Just learned about this. Any interest in GA covering this? ---------------------- Forwarded by Mona L Petrochko/SFO/EES on 08/29/2000 01:06 PM --------------------------- "Robert Weisenmiller" <[email protected]> on 08/29/2000 11:20:44 AM To: Mona Petrochko <[email protected]>, Aaron Thomas <[email protected]>, Rick Counihan <[email protected]> cc: Subject: Fwd: Workshop of note FYI. Bob >Delivered-To: [email protected] >X-Sender: [email protected] >X-Mailer: QUALCOMM Windows Eudora Version 4.3.1 >Date: Tue, 29 Aug 2000 11:09:38 -0700 >To: [email protected], [email protected] >From: "G. Alan Comnes" <[email protected]> >Subject: Workshop of note >X-Envelope-To: <[email protected]> >X-MDRemoteIP: 207.181.194.110 >X-MDaemon-Deliver-To: [email protected] > >This kind of stuff usually does not show up on the daily calendar .... > > >Workshop Notice >August 29, 2000 >10 am > >and > >August 30, 2000 >9 am - 12 noon > Pacific Gas and Electric Company >77 Beale Street, Auditorium >San Francisco > >The CPUC and the California ISO are sponsoring a workshop on the Electric >Settlements Process in California's Direct Access market. The purpose of >the workshop is to provide all market participants with an overview of the >Settlement Process and to share information about controls and practices >used by various participants during the settlement process. >Please RSVP by August 18th by calling or emailing Jeanette Plumley at the >California ISO with the name of your organization and the number of people >attending each day. Ms. Plumley can be reached at (916) 608-5971 or by >email at [email protected]. >
{ "pile_set_name": "Enron Emails" }
Date: Tuesday, May 15, 2001 Time: 11:00 a.m. Location: EB32C2/London VC1 Please mark your calendar for next week's budget meeting on Tuesday, May 22 @ 11:00 a.m. in EB32C2 . Many Thanks, Liz Taylor x31935
{ "pile_set_name": "Enron Emails" }
You have been identified as a person who may have contact with power in California. Based on our receipt of various subpoenas, we will be preserving your past and future electronic mail. Please be prudent in the circulation of electronic mail relating to your work and activities. Thank you.
{ "pile_set_name": "Enron Emails" }
593969 and 593970 These two deals are in as the wrong counterparty. I am asking Rhonda to inactivate this name so he won't keep using it. I think it is a real long, involved name starting with "the" rather than city of Oakland. Go figure how someone alphabetizes! Can you check into this. Thanks!
{ "pile_set_name": "Enron Emails" }
You're a star. I'll let you know. Best, Jeff Karen Denne 01/23/2001 08:51 PM To: Jeff Dasovich/NA/Enron@Enron cc: Subject: Re: Edison's Filing in District Court in L.A. Jeff -- If the lawyers can't, I'm sure we can ask Marathon to get the filing. Let me know. kd
{ "pile_set_name": "Enron Emails" }
---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 12/15/99 09:24 AM --------------------------- Patrick Smith <[email protected]> on 12/15/99 09:08:04 AM To: Benjamin Rogers/HOU/ECT@ECT cc: Subject: Model - 121599.exe
{ "pile_set_name": "Enron Emails" }
Tana: The following people have requested a link; Donna Lowry Shemeika Landry Shelli Smith Shemeika and Shelli work with Donna in risk analytics. 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]
{ "pile_set_name": "Enron Emails" }
please block off on my calendar ----- Forwarded by Steven J Kean/NA/Enron on 12/04/2000 07:35 AM ----- Rosalee Fleming 12/01/2000 02:56 PM To: James M Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cliff Baxter/HOU/ECT@ECT, Sanjay Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeremy Blachman/HOU/EES@EES, Philippe A Bibi/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT, Michael R Brown/LON/ECT@ECT, Harold G Buchanan/HOU/EES@EES, Rick Buy/HOU/ECT@ECT, Richard Causey/Corp/Enron@ENRON, Diomedes Christodoulou/SA/Enron@Enron, Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Cox/Enron Communications@Enron Communications, David W Delainey/HOU/ECT@ECT, James Derrick/Corp/Enron@ENRON, Steve Elliott/Enron Communications@Enron Communications, Jim Fallon/Enron Communications@Enron Communications, Andrew S Fastow/HOU/ECT@ECT, Mark Frevert/NA/Enron@Enron, Ben F Glisan/HOU/ECT@ECT, Kevin Hannon/Enron Communications@Enron Communications, David Haug/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rod Hayslett/FGT/Enron@ENRON, Stanley Horton/Corp/Enron@Enron, James A Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Larry L Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steven J Kean/NA/Enron@Enron, Louise Kitchen/HOU/ECT@ECT, Mark Koenig/Corp/Enron@ENRON, Kenneth Lay/Corp/Enron@ENRON, John J Lavorato/Corp/Enron@Enron, Dan Leff/HOU/EES@EES, Danny McCarty/ET&S/Enron@Enron, Mike McConnell/HOU/ECT@ECT, Rebecca McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey McMahon/HOU/ECT@ECT, Mark Metts/NA/Enron@Enron, Mark S Muller/HOU/EES@EES, Cindy Olson/Corp/Enron@ENRON, Lou L Pai/HOU/EES@EES, Ken Rice/Enron Communications@Enron Communications, Matthew Scrimshaw/LON/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, Jeffrey Sherrick/Corp/Enron@ENRON, John Sherriff/LON/ECT@ECT, Jeff Skilling/Corp/Enron@ENRON, Marty Sunde/HOU/EES@EES, Greg Whalley/HOU/ECT@ECT, Thomas E White/HOU/EES@EES, G G Garcia/NA/Enron@Enron, Marcia Manarin/SA/Enron@Enron, Susan Skarness/HOU/ECT@ECT, Stacy Guidroz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Beena Pradhan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Karen K Heathman/HOU/ECT@ECT, Sharron Westbrook/Corp/Enron@ENRON, Kay Chapman/HOU/ECT@ECT, Molly Bobrow/NA/Enron@Enron, Rosane Fabozzi/SA/Enron@Enron, Stephanie Harris/Corp/Enron@ENRON, Bridget Maronge/HOU/ECT@ECT, Nicki Daw/NA/Enron@Enron, Inez Dauterive/HOU/ECT@ECT, Carol Ann Brown/Enron Communications@Enron Communications, Elaine Rodriguez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cindy Stark/Corp/Enron@ENRON, Mary E Garza/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Maureen McVicker/NA/Enron@Enron, Joannie Williamson/Corp/Enron@ENRON, Vanessa Groscrand/Corp/Enron@ENRON, Suzanne Danz/Corp/Enron@ENRON, Tori L Wells/HOU/ECT@ECT, Cathy Phillips/HOU/ECT@ECT, Loretta Brelsford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sue Ford/HOU/ECT@ECT, Dolores Fisher/NA/Enron@Enron, Kathy McMahon/Enron Communications@Enron Communications, Karen Owens/HOU/EES@EES, Dorothy Dalton/Enron Communications@Enron Communications, Mercedes Estrada/Enron Communications@Enron Communications, Christina Grow/Corp/Enron@ENRON, Lauren Urquhart/LON/ECT@ECT, Sherri Sera/Corp/Enron@ENRON, Katherine Brown/Corp/Enron@ENRON, Liz M Taylor/HOU/ECT@ECT, Judy G Smith/HOU/EES@EES, Peggy McCurley/HOU/ECT@ECT, Marsha Schiller/HOU/ECT@ECT, Fiona Stewart/LON/ECT@ECT, Jana L Paxton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Connie Blackwood/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tammie Schoppe/HOU/ECT@ECT, Kimberly Hillis/HOU/ECT@ect, Jennifer Burns/HOU/ECT@ECT, Sharon Dick/HOU/EES@EES, Beverly Aden/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES, Kerry Ferrari/LON/ECT@ECT, Carol Moffett/HOU/EES@EES, Jennifer Adams/Enron Communications@Enron Communications, Leah Rijo/Enron Communications@Enron Communications, Lucy Marshall/Enron Communications@Enron Communications, Kathy Campos/GPGFIN/Enron@ENRON, Julie Armstrong/Corp/Enron@ENRON, Kathryn Greer/HOU/EES@EES, Mrudula Gadade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brenda Castillo/NA/Enron@Enron cc: Subject: The Enron Corporate Policy Committee Retreat Ken and Jeff have decided that the Enron Executive Committee Retreat will include only the Corporate Policy Committee this year. (See list of members below.) You may be holding the timeframe of January 16-18, 2001 on your calendar, which you can now free up if you are not on the committee. The location of the retreat is under consideration. When a decision is made, we will get the information to the members of the Corporate Policy Committee. Departure for the retreat will be early afternoon on Tuesday, January 16 with return to Houston late afternoon on Thursday, January 18. Please don't hesitate to call me if you have any questions at 713-853-6088. Rosie Enron Policy Committee Baxter, Cliff Causey, Rick Derrick, Jim Fastow, Andy Frevert, Mark Hannon, Kevin Horton, Stan Kean, Steve Lay, Ken Pai, Lou Rice, Ken Skilling, Jeff Whalley, Greg
{ "pile_set_name": "Enron Emails" }
Was the Internal Ownership Policy attachment omitted from this e-mail? It seems to deal only with capital charge although the Internal Ownership Policy is referenced in paragraph 2. ---------------------- Forwarded by Richard Lydecker/Corp/Enron on 04/18/2001 08:59 AM --------------------------- Enron Americas - Office of the Chairman From: Enron Americas - Office of the Chairman on 04/17/2001 01:05 AM Sent by: Enron Announcements To: ENA Employees cc: Subject: Capital Book To further the process of reaching the stated objectives of increasing Enron America's Velocity of Capital and associated Return on Invested Capital, we have decided to create a Capital Book. The Capital Book will have no profit target associated with it and will be managed by Joe Deffner. The purpose of creating this book is to ensure that all transactions within Enron Americas, with any form of capital requirement, are structured correctly and are allocated the appropriate cost of capital charge. The previous numbers used in the Business Plans at the beginning of this year will remain for all transactions in place and where we hold assets. Therefore, on any assets currently held within each business area, the capital charge will remain at 15%. Internal ownership of these assets will be maintained by the originating Business Unit subject to the Internal Ownership Policy outlined below. The cost of capital associated with all transactions in Enron Americas will be set by Joe. This process is separate and apart from the current RAC process for transactions which will continue unchanged. Capital investments on balance sheet will continue to accrue a capital charge at the previously established rate of 15%. Transactions which are structured off credit will receive a pure market pass through of the actually incurred cost of capital as opposed to the previous 15% across the board charge. Transactions which are structured off balance sheet, but on credit will be priced based upon the financial impact on Enron America's overall credit capacity. On transactions that deploy capital through the trading books, the Capital Book will take a finance reserve on each transaction, similar to the way the Credit Group takes a credit reserve. This finance reserve will be used specifically to fund the capital required for the transaction. As noted above, the Capital Book will have no budget and will essentially charge out to the origination and trading groups at actual cost. By sending market-based capital pricing signals internally, Enron America's sources of capital and liquidity should be better optimized across the organization. Questions regarding the Capital Book can be addressed to: Joe Deffner 853-7117 Alan Quaintance 345-7731
{ "pile_set_name": "Enron Emails" }
-----Original Message----- From: St. Clair, Carol Sent: Sunday, February 03, 2002 1:54 PM To: Cook, Mary; Davis, Angela; Hall, Steve C. (Legal); Hansen, Leslie; Hodge, Jeffrey T.; Keohane, Peter; Koehler, Anne C.; Leite, Francisco Pinto; Nemec, Gerald; Nettelton, Marcus; Portz, David; Sager, Elizabeth; Taylor, Mark E (Legal); Yoder, Christian; Bryan Murtagh (E-mail); Jeffrey Stewart (E-mail); Jennifer Gabrielson (E-mail); John Magovern (E-mail); Sanjeev Karkhanis (E-mail) Cc: Haedicke, Mark E.; Kitchen, Louise; Jones, Tana; Heard, Marie; '[email protected]'; Bradford, William S. Subject: Final ISDA Collateral Support Annexes Importance: High Enclosed are clean and marked final versions of the One Way and Two Way Schedules to the ISDA CSA Carol St. Clair EB 4539 713-853-3989 (phone) 713-646-3393 (fax) 281-382-1943 (cell phone) 8774545506 (pager) 281-890-8862 (home fax) [email protected]
{ "pile_set_name": "Enron Emails" }
Nancy -- Please keep John & Charles in the loop on this question. They are both working on next steps for NERC and while not directly related to the RSB, there is potential for overlap down the road. Also, where does Enron publicly stand on the incorporation of this into an EISB? I thought we were ready to go? Finally, are you giving the presentation? Jim -----Original Message----- From: Hetrick, Nancy Sent: Sunday, August 12, 2001 4:10 PM To: Gomez, Julie A.; Corman, Shelley Cc: Steffes, James D.; Kingerski, Harry; Floris, Vinio Subject: GISB Presentation Attached is a copy of the presentation that the UBP Governance Committee plans to give at the August 14th and 15th meeting. << File: GISB Aug Mtg rev2.ppt >>
{ "pile_set_name": "Enron Emails" }
Today we released additional information about our related party and off-balance sheet transactions. We have made this information available both on our website and in a Form 8-K filing with the Securities and Exchange Commission (SEC). The information provides further details about: -- the $1.2 billion charge to shareholders' equity announced in the third quarter and the transactions related to that charge; -- a restatement of prior years' financial statements to reflect this reduction in shareholders' equity, the consolidation of three entities and prior year proposed audit adjustments and reclassifications; -- the Special Committee appointed by the Enron Board of Directors to review transactions between Enron and related parties; -- the LJM limited partnerships, including a discussion of transactions between Enron and LJM entities; and -- transactions between Enron and other Enron employees. This information addresses a number of concerns that have been raised by our shareholders and the SEC. As our Board's new Special Committee continues its review of various matters, we will continue to cooperate fully with the SEC in its investigation, and we will continue to respond to investor requests so that they can evaluate, appreciate and appropriately value the strength of our core businesses. Restatement of Earnings Based on information that we have recently obtained, Enron and its auditors determined that certain off-balance sheet entities should have been included in Enron's consolidated financial statements pursuant to generally accepted accounting principles. As a result, Enron will restate its financial statements from 1997 to 2000 and for the first and second quarters of 2001. These restatements have no material effect on Enron's current financial position. Here are some details included in the filing: Net income for each period will be impacted by the retroactive consolidation of Joint Energy Development Investments (JEDI) and Chewco beginning in November 1997, the consolidation of an LJM1 subsidiary for 1999 and 2000 and prior year proposed audit adjustments. Enron's current assessment indicates that the restatement will include: -- a reduction of approximately $96 million in 1997 -- a reduction of approximately $113 million in 1998 -- a reduction of approximately $250 million in 1999 -- a reduction of approximately $132 million in 2000 -- an increase of approximately $17 million for the first quarter of 2001 -- an increase of approximately $5 million for the second quarter of 2001 -- a reduction of $17 million for the third quarter of 2001. The consolidation of JEDI and Chewco also will increase Enron's debt by approximately $711 million in 1997, $561 million in 1998, $685 million in 1999 and $628 million in 2000. The restatement will have no material impact on Enron's reported earnings for the nine-month period ending September 2001. You can obtain more detailed information on the items described above by accessing the Form 8-K filing at <http://www.enron.com/corp/sec/>. We will continue to review our strategic, operational and financial position, and we will continue to keep you updated on any developments.
{ "pile_set_name": "Enron Emails" }
Jane: I believe the attached credit worksheet describes language that would be included in the Credit Support Annex. John/Sara, do you have any go by's to assist Jane on this one. Thanks for your help. Alan Jane McBride@ENRON 11/27/2000 05:11 PM To: John Suttle/HOU/ECT@ECT cc: Alan Aronowitz/HOU/ECT@ECT, Mark Evans/Legal/LON/ECT@ECT Subject: Re: credit for Nippon Chemi-con Hi John, Thanks for this, just wondering though, how do you usually get from this sort of table to the actual provisions to include in the contract. Alan, Mark, is there any easy way to do this? Thanks. Jane John Suttle@ECT 2000/11/28 07:05 To: Morten E Pettersen/AP/Enron@Enron cc: Jane McBride/AP/Enron@Enron, Joseph P Hirl/AP/ENRON@ENRON Subject: credit for Nippon Chemi-con Morten Erik - I recommend the credit terms provided in the attached document to be included in the Nippon Chemi-con contract. These are industry standard terms for a counterparty with credentials such as Nippon-Chemi-con, and these industry standards are what will enable Enron to syndicate the credit risk if we decide to do so in the future. After my discussion with Jonathan last week, I think it is clear that Credit is on the same page with your team in that we recognize the importance of getting this first deal booked. I think that in proposing the terms of your transaction to the counterparty though, Enron can begin educating the market as to the nature of the credit risk imbedded in the deal structure, and in doing so, begin setting the same standards we have in our other portfolios. The attached credit terms are not set in stone, but I think they are a good place to start. I will make myself available to you and the counterparty to discuss the credit terms, and we will be very willing to negotiate the terms in good faith. My point is simply that we should not enter into any of these transactions without fully discussing the credit implications with the counterparty. Please feel free to call me or write if you have any questions or concerns. John x30906
{ "pile_set_name": "Enron Emails" }
Gavin is helping to locate missing figures in the article. I'vew called Joe Alamo for help, too. Cynthia, if you'd like, I can write around the figures if you're reluctant to submit it with anything unchecked. Jeannie
{ "pile_set_name": "Enron Emails" }
We thought it would be good to basically give Chair Hoecker talking points with any numbers that Enron provides. We will visit on these later today when the numbers are ready (before 3:00). Comments? ---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 12/12/2000 10:38 AM --------------------------- From: Leslie Lawner@ENRON on 12/12/2000 11:56 AM To: Christi L Nicolay/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON, Rebecca W Cantrell/HOU/ECT@ECT, Ruth Concannon/HOU/ECT@ECT, Stephanie Miller/Corp/Enron@ENRON, Phillip K Allen/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Richard Shapiro/NA/Enron@Enron cc: Subject: Talking points about California Gas market Here is my stab at the talking points to be sent in to FERC along with the gas pricing info they requested for the California markets. Let me or Christi know if you have any disagreements, additions, whatever. I am supposed to be out of here at 2:15 today, so if you have stuff to add after that, get it to Christi. Thanks.
{ "pile_set_name": "Enron Emails" }
For some reason this did not go out correctly the first time. -----Original Message----- From: Scott Govenar [mailto:[email protected]] Sent: Thursday, August 23, 2001 4:40 PM To: Rick Shapiro; Jim Steffes; Paul Kaufman; Jeff Dasovich; Harry. Kingerski@enron. com; Leslie Lawner; Susan J Mara; Hedy Govenar; Bev Hansen; Mike Day Subject: Documents I faxed the following documents to Houston and San Francisco: 1) PG&E Superior Court filing against the Department of Water Resources 2) Mirant memorandum quantifying their ability to push SCE into bankruptcy 3) Public Strategies, Inc. polling data on the SCE MOU
{ "pile_set_name": "Enron Emails" }
---------------------- Forwarded by Jeff Dasovich/SFO/EES on 09/13/2000 06:18 PM --------------------------- "Julee Malinowski-Ball" <[email protected]> on 09/13/2000 06:10:16 PM Please respond to "Julee Malinowski-Ball" <[email protected]> To: "Baker Carolyn (E-mail)" <[email protected]>, "Bill Carlson (E-mail)" <[email protected]>, "Bill Woods (E-mail)" <[email protected]>, "Curt Hatton (E-mail)" <[email protected]>, "Curtis Kebler (E-mail)" <[email protected]>, "David Keane (E-mail)" <[email protected]>, "David Parquet (E-mail)" <[email protected]>, "Duane Nelsen (E-mail)" <[email protected]>, "Ed Tomeo (E-mail)" <[email protected]>, "Edward Maddox (E-mail)" <[email protected]>, "Eileen Kock (E-mail)" <[email protected]>, "Ellery Bob (E-mail)" <[email protected]>, "Escalante Bob (E-mail)" <[email protected]>, "Frank DeRosa (E-mail)" <[email protected]>, "Greg Blue (E-mail)" <[email protected]>, "Hap Boyd (E-mail)" <[email protected]>, "Jack Pigott (E-mail)" <[email protected]>, "Jan Smunty-Jones (E-mail)" <[email protected]>, "Jim Willey (E-mail)" <[email protected]>, "Joe Greco (E-mail)" <[email protected]>, "Joe Ronan (E-mail)" <[email protected]>, "John Stout (E-mail)" <[email protected]>, "Jonathan Weisgall (E-mail)" <[email protected]>, "Katie Kaplan (E-mail)" <[email protected]>, "Kent Fickett (E-mail)" <[email protected]>, "Lynn Lednicky (E-mail)" <[email protected]>, "Marty McFadden (E-mail)" <[email protected]>, "Paula Soos (E-mail)" <[email protected]>, "Robert Lamkin (E-mail)" <[email protected]>, "Roger Pelote (E-mail)" <[email protected]>, "Steve Ponder (E-mail)" <[email protected]>, "Steven Kelly (E-mail)" <[email protected]>, "Sue Mara (E-mail)" <[email protected]>, "Tony Wetzel (E-mail)" <[email protected]>, "Trond Aschehoug (E-mail)" <[email protected]>, "William Hall (E-mail)" <[email protected]>, "Richard Hyde (E-mail)" <[email protected]>, "Sandi McCubbin (E-mail)" <[email protected]>, "Stephanie Newell (E-mail)" <[email protected]>, "Jeff Dasovich (E-mail)" <[email protected]> cc: "Karen Edson" <[email protected]> Subject: Two Governor's Press Releases GOVERNOR DAVIS PRESSES FERC FOR ACTION ON WHOLESALE POWER RATES: Calls on Federal Regulators to Reduce Prices, Issue Refunds GOVERNOR DAVIS NAMES KAHN CHAIR OF THE GOVERNOR'S CLEAN ENERGY GREEN TEAM OFFICE OF THE GOVERNOR ---------------------------------------------------------------------------- ---- PR00:238 FOR IMMEDIATE RELEASE September 12, 2000 GOVERNOR DAVIS PRESSES FERC FOR ACTION ON WHOLESALE POWER RATES Calls on Federal Regulators to Reduce Prices, Issue Refunds SAN DIEGO - At a Federal Energy Regulatory Commission (FERC) hearing today in San Diego, Governor Gray Davis reiterated his call to federal regulators to intervene "to the fullest extent possible" to lower electricity prices in California. "FERC bears responsibility to ensure that a workably competitive market exists before California consumers and California's economy are subjected to unconstrained, market-based electricity prices," said Governor Davis in a statement read by Energy Oversight Board Chairman Michael Kahn. "Consequently, I renew my prior request that the Commission act with utmost speed to intervene to the fullest extent possible to restore wholesale prices to fair levels and to remedy harms that have resulted from the exercise of market power." Governor Davis noted that he and state lawmakers have taken dramatic action in recent weeks to provide rate relief. "While these actions should provide short-term rate predictability and longer-term benefits to customers in terms of improved supplies, the fundamental problem of exorbitant wholesale prices still exists and remains the responsibility of FERC to address," said the governor. "No combination of state actions can substitute for federal action to ameliorate the problems of California's wholesale markets." Governor Davis has taken the following actions in reaction to rising electricity prices in San Diego: On June 14, he called for emergency reduction of electricity use by all state facilities in the San Francisco Bay area in response to electricity emergency and rolling blackouts. On June 15, he called on chairpersons of the Public Utilities Commission (PUC) to analyze the conditions that led to electricity shortages in the San Francisco Bay area the previous day, including a statewide perspective on the price and delivery of electricity. Report was completed, submitted to the governor and released on August 2. On July 27, 2000, Governor Davis called on federal and state regulators to take swift action to extend the caps on wholesale electric rates in California and provide San Diego ratepayers with million of dollars in refunds. In letters written by the governor to two state regulatory agencies and two California-based panels charged with overseeing California's power market, he called for a coordinated state effort to urge federal regulators to take strong measures to reduce power rates in both the short- and long-term. On August 2, 2000, Governor Davis issued three Executive Orders designed to reduce energy consumption by state government and speed up the time it takes new power generating facilities to win approval from state agencies. On August 9, 2000, Governor Davis called on the Public Utilities Commission (PUC) to establish a two-year plan that would cut electricity rates by nearly half for residential and business customers of San Diego Gas & Electric. The governor also reached an agreement with the California Grocers Association that will save enough electricity to provide power to between 50,000 and 60,000 homes during periods of peak demand, as grocers agreed to reduce power consumption by 10 percent during Stage One emergencies. On August 10, 2000, Governor Davis wrote a letter to President Clinton urging him to expedite FERC's investigation to determine whether current electric rates in San Diego were unjust. On August 22, 2000, Governor Davis called on President Clinton to release emergency funds from the Low-Income Home Energy Assistance Program (LIHEAP) to the state to help low-income Californians pay their rapidly-rising electricity bills. On August 23, 2000, President Clinton responded to Governor Davis' request by releasing $2.6 million in emergency funds to help low-income Southern Californians cope with the surge in their electricity bills. The President also asked federal regulators to speed up their investigation into the operation of U.S. power markets and urged the Small Business Administration to use its credit programs to help small firms hurt by the price increases. On August 23, 2000, Governor Davis reached agreement with legislators on legislation to provide relief to San Diego ratepayers. The governor signed two bills into law on September 6, 2000. Please see attached letter (below). # # # SEPTEMBER 12, 2000 STATEMENT OF GOVERNOR GRAY DAVIS TO THE FEDERAL ENERGY REGULATORY COMMISSION CONCERNING ITS INVESTIGATION OF WHOLESALE PRICE ESCALATION IN CALIFORNIA The Summer of 2000 has confronted California with an electricity crisis that seriously threatens the safety, health and well being of citizens and businesses throughout the state. At the heart of the crisis is the extraordinary run up in prices for wholesale electric energy and ancillary services, accompanied by deteriorating service and reliability. In San Diego, electric customers' bills have more than doubled this summer, threatening permanent harm to businesses and the health and welfare of residential customers in the warm southern climate. All remaining California electric consumers are faced with similar prospects as their legislated rate freeze periods come to an end. In San Francisco we saw rolling blackouts for the first time in our history. As soon as the dimensions of the crisis became evident, I directed California regulators, including the Public Utilities Commission and the Electricity Oversight Board, and the Independent System Operator, to take immediate steps to identify and implement specific measures to mitigate the damage, including restoring price caps at Summer 1999 levels. I am happy to report that those measures have been adopted, although not without considerable resistance from self-interested parties. In recent weeks, I have worked with the California Legislature to enact further relief within the existing framework of options now available to the state. These include provisions to stabilize retail rates, expedite generation licensing where possible, implement targeted demand reduction and demand response and remove constraints in transmission and distribution systems. I have also established a task force comprised of key state officials which is developing measures to increase energy efficiency and alternative supplies and to expedite permitting by state agencies. While these actions should provide short-term rate predictability and longer-term benefits to customers in terms of improved supplies, the fundamental problem of exorbitant wholesale prices still exists and remains the responsibility of the Federal Energy Regulatory Commission to address. No combination of state actions can substitute for federal action to ameliorate the problems in California's wholesale markets. A joint report submitted to me on August 2nd by the Chairman of the California Electricity Oversight Board and the President of the California Public Utilities Commission concluded that exorbitant wholesale prices in California result from wholesale market dysfunction and the exercise of market power by sellers. Subsequent reports by the Market Analysis Department and the Market Surveillance Committee of the California Independent System Operator reach the same conclusions. Subsequent behavior of wholesale electric prices during August confirms their conclusions, and subjects California to further economic damage. While I remain hopeful that California wholesale markets may ultimately become competitive and become capable of serving the interests of consumers and the public, I cannot and will not accept the liabilities to California that result from the current situation for even a short period. I intend to take any and all steps necessary to restore economic stability to the electric service infrastructure of California. FERC bears the responsibility under its organic act to assure just and reasonable wholesale electric rates. FERC bears responsibility to ensure that a workably competitive market exists before California consumers and California's economy are subjected to unconstrained, market-based electricity prices. Consequently, I renew my prior request that the Commission act with utmost speed to intervene to the fullest extent possible to restore wholesale prices to fair levels and to remedy harms that have resulted from the exercise of market power. ### OFFICE OF THE GOVERNOR ---------------------------------------------------------------------------- ---- A00:245 FOR IMMEDIATE RELEASE September 12, 2000 GOVERNOR DAVIS NAMES KAHN CHAIR OF THE GOVERNOR'S CLEAN ENERGY GREEN TEAM SACRAMENTO - Governor Gray Davis today announced the appointment of Michael A. Kahn as chairman of the newly-created Governor's Clean Energy Green Team. The Team was created by Governor Davis' signing of AB 970 by Assemblywoman Denise Moreno Ducheny (D-San Diego) on Wednesday. Mr. Kahn, 51, of San Francisco, is the chairman of the California Electricity Oversight Board, and he also serves as vice-chair of the California Commission on Judicial Performance. He has been senior partner and head of litigation at Folger Levin & Kahn LLP since 1979. Mr. Kahn has held numerous state and federal government appointments and assignments over the last 15 years. Mr. Kahn is the author of several articles and reports on litigation practice and Supreme Court history. He is a magna cum laude, Phi Beta Kappa graduate of the University of California, Los Angeles. Mr. Kahn also earned master of arts and juris doctorate degrees from Stanford University, where he was an editor of the Law Review. After graduation, he served for a year as a law clerk to Judge Ben C. Duniway of the Ninth Circuit Court of Appeals in San Francisco. The signing of AB 970 established the Governor's Clean Energy Green Team, which works to streamline the process of creating new power plants to ensure that an adequate supply of power will exist to make a deregulated marketplace work. The Team does this by working with local governments, identifying environmental impacts, developing recommendations for low interest financing programs for renewable energy and obtaining input on natural gas supply, emission offsets and water supply. Members do not receive a salary. This position does not require Senate confirmation. # # # Julee Malinowski-Ball Edson + Modisette Associate 925 L Street Suite 1490 Sacramento CA 95814 916-552-7070 FAX-552-7075 [email protected]
{ "pile_set_name": "Enron Emails" }
Here's the latest... ---------------------- Forwarded by Kay Mann/Corp/Enron on 01/24/2001 09:28 AM --------------------------- Ron Tapscott@ECT 01/24/2001 07:56 AM To: Matthew Tezyk/ENRON_DEVELOPMENT@Enron_Development cc: Kay Mann/Corp/Enron@Enron, Ben Jacoby/HOU/ECT@ECT Subject: new version of letter to Lynn Dekrey (SW) on 501d5a Matt, I have attached a letter we plan to send today (or, tomorrow at the latest) and require copies of letter's from SW that Dan Schultz references in his Nov. 10th letter. In addition, there is another matter regarding other correspondence we need to have in hand that other letters reference. Most notably, a reference to a request from Scott Laidlaw (dated January 12, 2001) noted in Lynn DeKrey's letter on January 18, 2001. Absence of this correspondence jeapordizes our claim! We need to close the loop on this information so we know our response is appropriate. Kay -- the attached letter is a newer version from the one you received yesterday. I would appreciate any input you may have. Thanks, Ron.
{ "pile_set_name": "Enron Emails" }
As of today's gas day, ENA has a balance of 658,375 dth in CES's storage. We still have 56,000 dth we can over inject for the month of May to reach our "approved" max monthly injection amount. In Sitara, I am showing all 658,375 dth of ENA gas coming out of storage in the month of August.
{ "pile_set_name": "Enron Emails" }
Bob, I know that you made this work !! This recovery plan is exceptional. Regards Delainey ---------------------- Forwarded by David W Delainey/HOU/ECT on 06/23/2000 03:59 PM --------------------------- From: Clay Spears 06/23/2000 02:56 PM To: David W Delainey/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT, Mike J Miller/HOU/ECT@ECT, Robert P Virgo/HOU/ECT@ECT cc: Subject: Doyle Update 6/23/00 Units 2, 3, and 4 are operating. Work continues on the demisters, bearing # 2 temp., and punch list. Unit 5 will fire again on Saturday. GE is installing new liners in order to manage emissions from the unit.. If all goes well, the performance test is to occur Mon - Wed next week. Unit 1: the repair plan is complete, but has not been written. We will trade our rotor (upgraded to E specs) for Occidental's rotor. Occidental's rotor is on the way to GE's Houston shop in order to grind its blades to fit our unit. A new stub shaft is needed and has been acquired. We will acquire Reliant's stationary blades in exchange for new replacement blades. Total cost estimate is $3.0 MM. The unit will be complete on or near July 20. Clay
{ "pile_set_name": "Enron Emails" }
i just got a 28
{ "pile_set_name": "Enron Emails" }
NYMEX Membership Services June 5, 2001 Notice # MS-43 SWITCH OF STATUS Please be advised that effective with the close of business, June 5, 2001, the following member(s) will switch their status within the Exchange: Blaise Ingrisano (BVI-4928) from a Licensee Member to a Full Member with a qualified trader guarantee provided by Salomon Smith Barney, Inc. Members and Member Firms have (10) days from the date of this notice to advise the Corporate Secretary,s Office of any claims in accordance with Rule 2.51. Inquiries regarding the above should be addressed to the Member Services Department at 212-299-2379. __________________________________________________ Please click on the link below to indicate you have received this email. "http://208.206.41.61/email/[email protected]&refdo c=(MS-43)" Note: If you click on the above line and nothing happens, please copy the text between the quotes, open your internet browser, paste it into the web site address and press Return.
{ "pile_set_name": "Enron Emails" }
As you are aware, Enron utilizes temporary staffing services to satisfy staffing requirements throughout the company. For the past several months, a project team, representing Enron,s temporary staffing users, have researched and evaluated alternative Managed Services programs to determine which source would best meet our current and future needs in terms of quality, performance and cost containment objectives. The Business Unit Implementation Project Team members are: Laurie Koenig, Operations Management, EES Carolyn Vigne, Administration, EE&CC Linda Martin, Accounting & Accounts Payable, Corporate Beverly Stephens, Administration, ENA Norma Hasenjager, Human Resources, ET&S Peggy McCurley, Administration, Networks Jane Ellen Weaver, Enron Broadband Services Paulette Obrecht, Legal, Corporate George Weber, GSS In addition, Eric Merten (EBS), Kathy Cook (EE&CC), Carolyn Gilley (ENA), Larry Dallman (Corp/AP), and Diane Eckels (GSS) were active members of the Selection Project Team. As a result of the team,s efforts, we are pleased to announce the beginning of a strategic alliance with CORESTAFF,s Managed Services Group. This group will function as a vendor-neutral management entity overseeing all staffing vendors in the program scope. They will also provide a web based online technology tool that will enhance the ordering and reporting capabilities. The goal of our alliance with CORESTAFF is to make obtaining a temporary worker with the right skills and experience easier while protecting the best interests of the organization. We plan to implement Phase I of this improvement effective January 2, 2001. This Phase I of the implementation will encompass administrative/clerical temporary workers at the Houston locations only. If you currently have administrative/clerical temporary workers in your department, the enhancement will not affect their position. In an effort to preserve relationships, all current staffing vendors will be invited to participate in this enhanced program. CORESTAFF shares our commitment to minimize any disruptions in service during this transition. We expect to incorporate the administrative/clerical workers in Omaha, Seattle and Portland in Phase II, which is scheduled for February, 2001. The scope and timing of any additional phases will be determined after these two phases have been completed. Realizing the impact that the temporary workforce has in business today, we selected CORESTAFF,s Managed Services Group based on their exceptional management team, commitment to quality service, and creative solutions to our staffing needs. The relationship promises to offer Enron a cost effective and simple means for obtaining temporary employees. In the coming weeks, Enron and CORESTAFF,s Managed Services Group will be communicating to Enron,s administrative/clerical temporary staffing vendors about the new process. There are many benefits to this new Managed Services program, which are outlined on the attached page. More details on how to utilize CORESTAFF,s Managed Services program will be announced soon and meetings will be scheduled to demonstrate the reporting system and to meet the Managed Services team. What is Managed Services? CORESTAFF,s Managed Services program includes: ? Vendor-neutral management model ? Equal distribution of staffing orders to all staffing partners ? Web-based application with online ordering, data capture and customized reporting ? Benchmarking and performance measurement for continuous improvement ? Methodologies for accurate skill-matching and fulfillment efficiencies Key Benefits ? More vendors working on each order from the outset ) faster access to available talent pools ? Standardized mark-ups and fees to manage costs more effectively ? Online access to requisition status for users ? Robust databases offering managers enhanced tracking and reporting of temporary usage and expenditures ? Standard and customized reporting capabilities -- online ? Tenured, experienced Managed Services team on-site to assist users in accessing web site, identifying usage trends, preparing specialized reports, etc. Corestaff/Managed Services/Staffing Joseph Marsh ) Lead / Operations ([email protected]; 713-438-1400) Amy Binney, Sharon B. Sellers ) Operations Cherri Carbonara ) Marketing / Communications Cynthia Duhon )Staffing Partner management
{ "pile_set_name": "Enron Emails" }
come on shooter
{ "pile_set_name": "Enron Emails" }
FYI Susan D. Flynn Enron North America Corp. 1400 Smith Street, EB3806 Houston, Texas 77002 Phone: 713-853-0975 Fax: 713-646-3490 ----- Forwarded by Susan Flynn/HOU/ECT on 06/29/2000 02:33 PM ----- "Daniel A Harris" <[email protected]> 06/29/2000 02:17 PM To: [email protected], [email protected] cc: [email protected] Subject: Re: ISDA Master Agreement between ENA and The Ospraie Portfolio Ltd. Susan: That's right, the ISDAs will be substantially similar, although there will be some fund-specific differences, such as the Cross Default Threshold Amount. I will go ahead with Maples and "cc" Jason Peters. Thanks. Kind regards. Daniel Harris "Susan Flynn" <[email protected]> on 29/06/2000 15:49:34 To: Daniel A Harris/LN/EU/ShS@ShSDOMAIN cc: "Jason Peters" <[email protected]>, "Sara Shackleton" <[email protected]>, "Per Sekse" <[email protected]>, "Rod Nelson" <[email protected]> Subject: ISDA Master Agreement between ENA and The Ospraie Portfolio Ltd. Our Credit Department has approved Enron North America Corp. ("ENA") entering into ISDA Master Agreement with the following Tudor entities: The Ospraie Portfolio Ltd. (which you have told us is a Cayman Island company) Tudor BVI Global Portfolio Ltd. (which you have told us is a Cayman Island company) Tudor Proprietary Trading, L.L.C. (which you have told us is a Delaware limited liability company) It is our understanding that once we finalize the negotiation of the form of the ISDA Master Agreement for The Ospraie Portfolio Ltd., we will use substantially the same form to prepare ISDA Master Agreements for Tudor BVI Global Portfolio Ltd. and Tudor Proprietary Trading, L.L.C. Therefore, we are authorizing you to retain Cayman Island Counsel (we believe you are going to use the Maples Calder law firm) to prepare one legal opinion covering the ISDA Master Agreements between ENA and each of Tudor BVI Global Portfolio Ltd. and The Ospraie Portfolio Ltd. If our understanding of these matters is incorrect, please immediately contact Jason Peters at (713) 853-9720. Susan D. Flynn Enron North America Corp. 1400 Smith Street, EB3806 Houston, Texas 77002 Phone: 713-853-0975 Fax: 713-646-3490
{ "pile_set_name": "Enron Emails" }
MARK YOUR LUNCH CALENDARS NOW ! You are invited to attend the EWS Brown Bag Lunch Series Featuring: MICHAEL L. MILLER Topic: Principal Investments Thursday, May 17, 2001 11:30 a.m. - 12:30 p.m. EB 5 C2 You bring your lunch, Limited Seating We provide drinks and dessert. RSVP e-mail Kathie Grabstald or call x 3-9610
{ "pile_set_name": "Enron Emails" }
Per our discussion at lunch, excellent memo. I don't know if it will make John and Rockey feel any better, but the emphasis on results is exactly the right message. From: Bill Cordes 01/13/2000 02:38 PM To: Enron Everyone_ET&S_Omaha cc: Subject: Kent Miller Promotion Earlier this week, the Office of the Chairman announced that Kent Miller has been elected a vice president of Enron. Kent is the first (of what I hope will be several) such promotion(s) under Enron,s new Performance Review Committee (PRC) process. He and the other individuals selected for promotion to vice president and managing director were elected based on their track records. In Kent,s case, he earned his appointment by demonstrating exceptional leadership, innovation and excellent earnings performance in developing NNG,s storage transactions, as well as in his other marketing responsibilities. This round of promotions is noteworthy because it is the first based solely on outstanding accomplishments, rather than on the availability of open hierarchical positions. As a result, while performance expectations continue to increase, there will be far greater opportunity for advancement throughout the corporation. Please join me in congratulating Kent on this achievement.
{ "pile_set_name": "Enron Emails" }
FYI. ---------------------- Forwarded by Kay Mann/Corp/Enron on 08/21/2000 05:33 PM --------------------------- Enron North America Corp. From: Mitch Robinson 08/21/2000 05:25 PM To: Kay Mann/Corp/Enron@Enron, Mark Dobler/NA/Enron@Enron, Ross Newlin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Felicia Doan/HOU/ECT@ECT Subject: Re: Westinghouse Let's shoot for Thursday at 10:00. Felicia, please set up a conference room for then. Mark/Ross, let me know if that time doesn't work for you. Mitch Enron North America Corp. From: Kay Mann 08/21/2000 05:09 PM To: Mitch Robinson/Corp/Enron@Enron cc: Mark Dobler/NA/Enron@Enron, Ross Newlin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re: Westinghouse I'm scheduled to be here. Tomorrow and Wednesday are pretty bad, but Thursday and Friday are wide open. Kay Enron North America Corp. From: Mitch Robinson 08/21/2000 05:08 PM To: Kay Mann/Corp/Enron@Enron cc: Mark Dobler/NA/Enron@Enron, Ross Newlin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Westinghouse Kay - Are you in the office this week? I'm interested in getting together to discuss Westinghouse. Mitch
{ "pile_set_name": "Enron Emails" }
I talked with Despain. They are still in committee. Tim has told them we need a response before early Houston time for the market to digest any announcement. -----Original Message----- From: Kitchen, Louise Sent: Wednesday, November 07, 2001 8:25 PM To: Bradford, William S. Subject: Re: FW: Update on SRP Margin Call Importance: High Any news from Despain? -------------------------- Sent from my BlackBerry Wireless Handheld -----Original Message----- From: Bradford, William S. <[email protected]> To: Kitchen, Louise <[email protected]> Sent: Wed Nov 07 19:35:07 2001 Subject: FW: Update on SRP Margin Call -----Original Message----- From: Hall, Steve C. (Legal) Sent: Wednesday, November 07, 2001 7:30 PM To: Belden, Tim Cc: Sager, Elizabeth; Bradford, William S.; Ngo, Tracy Subject: Update on SRP Margin Call Importance: High Tim, As you know, SRP made a margin call to EPMI on Monday, by letter, seeking $5.5 million in margin under a "one-off" contract. Tracy and I sent a letter back on Tuesday, arguing that the contract does not permit SRP to call for additional margin unless ENE is downgraded to junk status. SRP responded to our letter this afternoon. Predictably, SRP disagrees with our view of the contract and demands its margin. SRP says that it will treat our failure to post $5.5 million by Monday, November 12, in either cash or an irrevocable letter of credit, as an event of default and will terminate the contract. If this happens, EPMI would have to make a payment of $5.5 million within 10 days of receipt of an invoice from SRP. As you know, Tracy and I strongly believe that the contract does not support SRP's right to call for margin at this time. However, the contract is not perfect (they drafted it, after all) and there is a sentence fragment that supports their position. I recommend that we treat the SRP-EPMI dispute regarding the margining criteria under this Agreement as a "Dispute" under Section 17. Disputes are first submitted to Authorized Representatives (each company designates an Authorized Representative) to resolve. If the Authorized Representatives cannot reach agreement within 30 days, then the dispute is forwarded to you and your equivalent at SRP (the "Executives"). The Executives have to meet within 30 days to resolve the issue. If the Executives cannot resolve the issue within 30 days, then both parties can choose arbitration, or either party can take the matter to court. In summary, best case, this option gets us up to 90 days before we have to arbitrate/litigate the issue. Otherwise, we better prepare to post collateral Monday. If you want to handle this matter by taking the "Dispute" route, I should send a letter out tomorrow to SRP giving notice that we wish to try to resolve this through the contract's "Dispute" provisions. Steve (I should also mention that Tracy has informed me that SRP plans to issue a margin call on our WSPP contracts (approximately $4.5 million) as soon as it calculates the amount due.)
{ "pile_set_name": "Enron Emails" }
Get a dog??? My view on that is why bother getting a dog when you can have just as much fun letting the wife and kids treat you like one? Congrats on the hush hush thing--that's great and well deserved!! Keep watching your back--you just became a bigger target!! DF "Loon, Douglas" <[email protected]> on 02/19/2001 09:45:28 AM To: "'[email protected]'" <[email protected]> cc: Subject: RE: DC bummer.? Sounds like you need to get a DOG.? No, not planning to be in DC until March 8-9.? Headed to CA though -- Marina Del Ray.? They finally came through with the VP promotion (still highly hush hush).? So I am headed to our Winter board meeting in the sun to get the treatment.... some kind of hazing thing.... Douglas B. Loon (please note new address) Midwest Regional Office U.S. Chamber of Commerce 5300 Hyland Greens Drive Suite 220 Minneapolis, MN? 55437-3933 (952) 832-9151 fax: (952) 832-9454 -----Original Message----- From:?? [email protected] [SMTP:[email protected]] Sent:?? Friday, February 16, 2001 11:21 AM To:???? [email protected] Subject:??????? DC What the hell is going on with you???? I'm bored and lonely--and will be in DC on the 20 and 21st.? Any chance of drinking and cigar smoking??? We got a nice note from your mom and it sounds like? Rollie is doing great.? That was super to hear.? Take care dude.? DF
{ "pile_set_name": "Enron Emails" }
Nothing from Leatha. Any news there? Kay
{ "pile_set_name": "Enron Emails" }
Subject: Whalley's Budget Meeting Date: Tuesday, June 12 Time: 11:00 a.m. CST Location: EB32C2 Please notify me only if you are unable to attend. Many Thanks, Liz Taylor x31935
{ "pile_set_name": "Enron Emails" }
Debra, We are only showing that 4 producers need renegotiation letters: Kennedy and MTG (notice by Nov. 1) and Quantum and Coleman (notice by October 1). These are based off of the "Initial Pricing" term which was 2 years from "In service date" (Dec. 1, 1999). I show Wellstar and Phillips (Petrogulf) are expiring in Dec. 02 and Independent expires Dec. 03. Also, I noticed you set up the Phillips agreement as Petrogulf. Do you have the assignments from Petrogulf to Phillips? I can fax those to you if you need them. Let me know if you have any questions. Thanks. Theresa (I'll take a look at the September confirms by this afternoon.) -----Original Message----- From: Perlingiere, Debra Sent: Wednesday, September 12, 2001 1:38 PM To: Staab, Theresa; Nemec, Gerald Subject: Renegotiation Letters Theresa attached are renegotiation letters as discussed. << File: Kennedy Renegotiation.doc >> << File: Wellstar Renegotiation.doc >> << File: Coleman Renegotiation.doc >> << File: Quantum Renegotiation.doc >> << File: Independant Renegotiation.doc >> << File: MTG Renegotiation.doc >> << File: Petrogulf Renegotiation.doc >> Please note I did not find an address for Coleman in our files. Also, I have not prepared letters for Howell Petroleum and North Central Oil Corporation. Debra Perlingiere Enron North America Legal 1400 Smith Street, EB 3885 Houston, Texas 77002 dperlin@enron 713-853-7658 713-646-3490 Fax
{ "pile_set_name": "Enron Emails" }
Oh I'm glad you sent me an e-mail because there is no rehearsal tonight!!!!! Tasha said she saw Taylor in the children's church, and I looked for you in the audience, but did not see you. After church let out, I was gone, I was home by 1:15 p.m. That never happens! I looked for you guys and I said, oh well, I'll catch them later. By the way, I'm having Jordan's B-Day party on Monday evening, January 22, 2000 at the Chuckie Cheese on the Southwest Freeway, Yes I'm having it on a Monday night after work (6:30 p.m.) because I can't stand that place, and Jordan has his heart set on it. It's always too crowded and it drives me crazy! So I figure, we'll meet between 6:30 and 7:00 p.m. and be out of there by 8:30 p.m. It's not the best plan, but it beats a Friday, Saturday or a Sunday. I'm just inviting about 6 people. so it'll definitely be small Let me know if you're interested. See you soon!.
{ "pile_set_name": "Enron Emails" }
Sounds good to me. Tom Kay Mann 05/18/2001 05:43 PM To: Reagan Rorschach/Enron@EnronXGate, Tom May/Corp/Enron@Enron cc: Subject: RE: CA re energy management services This look ok? It will be presented to Dave Duran to execute Monday am unless you suggest otherwise. Kay ---------------------- Forwarded by Kay Mann/Corp/Enron on 05/18/2001 05:42 PM --------------------------- "Pedigo, Doug" <[email protected]> on 05/18/2001 01:39:24 PM To: "'[email protected]'" <[email protected]> cc: Subject: RE: CA re energy management services Thanks.? I have changed the party to the parent of the two entities in question and put the project particulars in the introductory paragraph.? Otherwise, all of your changes were fine.? You can go ahead and have the agreement executed and fax or send over. ? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Friday, May 18, 2001 1:32 PM To: Pedigo, Doug Subject: CA re energy management services Doug, Here's the revised CA.? I highlighted the changed terms.? In addition, I deleted the prior paragraph 11 which said that the agreement supercedes a prior CA. I don't know if the InterGen indentity and signatory are the same,? but obviously I left that for you to determine.? I expect that the Enron entity which will bid will be EPMI, so I used that entity. (See attached file: InterGen North America CA may 18.doc) I beefed up the definition of confidential information due to the complexity of the issues, and I added 6 months to? the term since things won't get cranked up for a while. I look forward to talking to you at your convenience.? Have a good weekend. Kay ? - InterGen North America CA may 18.doc
{ "pile_set_name": "Enron Emails" }
Mike, Please, help him. Only publicly available data (exchanges, etc.) Vince ---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/29/2000 05:38 PM --------------------------- <[email protected]> on 09/22/2000 07:14:37 PM To: <[email protected]> cc: Subject: Hi: Hi Vince: This Zeigham Khokher at the University of Texas at Austin, Finance Department. ? I need some publicly available data that unfortunately is not available here.? It is basically the historical prices for price of oil, gas and gold futures contracts and options. ? Again the data is strictly public info and not proprietary at all.? Let me know if there is a central data person at Enron who would be able to help.? All help will be of course gratefully acknowledged. ? Hope all is well, I hear you will be giving a talk at UT this fall?and look forward to seeing you then. ? Regards Zeigham ? ?
{ "pile_set_name": "Enron Emails" }
Done. Thanks. Kimat -----Original Message----- From: Germany, Chris Sent: Wednesday, October 24, 2001 6:00 PM To: Singla, Kimat Subject: CGLF Term deal I just created deal 1131700, a purchase from Reliant for Nov 01 - Mar 02. The price is NX1 + $.015. Please enter this deal in Tagg. Thanks
{ "pile_set_name": "Enron Emails" }
Updated list of master netting agreement assignments.
{ "pile_set_name": "Enron Emails" }
Per Laura Luce, A meeting has been scheduled to take place today @ 11:45 AM, in ECN 6116. Please accept this invitation, as it will automatically populate onto your schedule. Thank you, Irena Hogan
{ "pile_set_name": "Enron Emails" }
Charles -- I fully agree that we must integrate the NERC plans and systems (or improvements to the NERC model) into our RTO model. I hope that is something you can coordinate with the project as this develops. Thx, Jim To: James D Steffes/HOU/EES@EES cc: Jeff Brown/HOU/EES@EES, Janine Migden/DUB/EES@EES, Joe Hartsoe/Corp/Enron, Ron McNamara/HOU/EES@EES, Steve Montovano/DUB/EES@EES, Dan Staines/HOU/ECT@ECT@EES, Robin Kittel/HOU/EES@EES, Sarah Novosel/Corp/Enron, Kerry Stroup/DUB/EES@EES, Christi L Nicolay/HOU/ECT@ECT@EES, Steve Walton/HOU/ECT@ECT@EES, Tom Delaney/Corp/Enron, Howard Fromer/HOU/EES@EES, Daniel Allegretti/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, Steven J Kean/HOU/EES@EES Subject: Re: Transmission / Wholesale Market Regional Plans Jim a BIG external factor that is directed to the item (2) ISO Systems & Procedures: At the NERC Electronic Scheduling Task Force meeting today, there was considerable discussion on how this Task Force (which was formed before the OASIS ANOPR was posted) would coordinate on an industry-wide basis, a NERC response to the OASIS Phase II ANOPR. Here are some important points a FERC Staff member (Marv Rosenberg) made at the meeting. These should be kept in mind in developing the Enron proposal and the process of getting buy-in in each of the Regions/RTOs. - FERC prefers a single industry consensus filing. - The ANOPR is intended to tie RTO Order 2000 together with new OASIS II requirements - Does not preclude individual RTOs or entities from submitting proposals. However a diversity of filings will indicate non-consensus and FERC will make its own decisions which will likely not be industry friendly. FERC is asking the industry for communication and Business Practices standards for issuing in a NOPR. FERC is looking for: - more functionality and to be more user-friendly - electronic scheduling - electronic reservations - reduce duplication of information entry for customers - not intended to dictate the Control Area to Control Area communications I asked Marv to clarify this - He explained that although not required, FERC welcomes propsals to address the control area source/sink issues as part of an OASIS II solution (ie Entergy Source/Sink Order) OASIS II should: - continue use of Web browsers - use templates for file transfers (uploads and downloads) - all displays do not have to look the same - but encourages a common look and feel - within a RTO, business practicese may differ, but between RTOs the practices must be standardized We need to keep close to the NERC efforts since FERC has historically tended to favor NERC proposals because they tout an air of industry consensus. The clarificaton to the ANOPR given by Marv should make buy-in an important element of our proposal. If FERC adopts the NERC filing, we will likely be stuck with the exisiting contract path seams problems and LMP fragmentation in the East because NERC is not proposing any tariff changes. Also we will not get the control area source/sink issue resolved since it will be impossible to resolve at NERC in 7 months. Of course, another option would be to incorporate our efforts with this Task Force. James D Steffes@EES 08/02/2000 05:52 PM To: Jeff Brown/HOU/EES@EES, Janine Migden/DUB/EES@EES, Charles Yeung/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON, Ron McNamara/HOU/EES@EES, Steve Montovano/DUB/EES@EES, Dan Staines/HOU/ECT@ECT, Robin Kittel/HOU/EES@EES, Sarah Novosel/Corp/Enron@ENRON, Kerry Stroup/DUB/EES@EES, Christi L Nicolay/HOU/ECT@ECT, Steve Walton/HOU/ECT@ECT, Tom Delaney/Corp/Enron@ENRON, Howard Fromer/HOU/EES@EES, Daniel Allegretti/HOU/EES@EES cc: Richard Shapiro/HOU/EES@EES, Steven J Kean/HOU/EES@EES Subject: Transmission / Wholesale Market Regional Plans 1. I appreciate everyone who participated in the call today. I think that the discussion proved that we can find consensus on a reasonable approach for transmission pricing and energy markets. 2. To make more clear about the Regional Plans, I think that we need to consider the following. A. BACKGROUND Timelines of Current Process Current Players & Current Positions Allies Key Issues now facing the process B. MOVING FORWARD Top Issues upcoming External Factors (e.g., will Entergy join SPP) Resource Needs Relationship to Commercial Objectives / Business Plans C. OTHER ISSUES / CONCLUSION I hope this helps set an outline for the Regional Plans. The key idea is that I want to make sure everyone has a calendar of where we are going and what issues need to be addressed. Don't be shy about adding other topics and issues. We need to have this to communicate within our group and to the commercial people. I don't expect this to be easy, but I think that it will be helpful. 3. I think that we need to put more detail around the entire structure. This would entail developing four things (1) a tariff, (2) ISO Systems & Procedures, (3) Day Ahead PX Energy Market, (4) Transmission Flowgate PX Market. These are the four building blocks to a New Marketplace. My hope is for Enron to put these things out in a detailed framework using "off the shelf" material. I know that Tom Delaney has already started working on a tariff. I think we could adapt the Cal PX model into point 3. We could probably use the APX Flowgate System for point 4. On the ISO, maybe we could go to ESCA and have a Detailed Scope / Work Plan and fees on setting up an ISO (including costs of operation over time). It would make sense to me to do this very formally (including setting energy market zones and defining the commercially significant Flowgates). I would use the MISO as the market to focus on, but am willing to listen to other thoughts. Please let me know what everyone thinks. Jim
{ "pile_set_name": "Enron Emails" }
To forecast Entex: We have a database that contains the citygate volumes by day, with the low and high temps for each day. When we get a weather report for the new day, we enter the projected low temp and the spread into the file. The database is sorted by that information with a +/- 2 degrees on the temps, and provides an average volume for that criteria. (For example: With temps of 40-60, the sort would produce a list of the volumes pulled for each day with a low of 38 to 42 degrees and a temperature spread of 20 to 22 degrees. An average is then calculated from that volumetric data. In this case, the average is calculated to 259,000 Mmbtu.) Upon calculating the average, we then apply information we obtain through daily business and adjust that estimate. Things to consider: if weather is cloudy or sunny, wet or dry; wind chill; Entex's obligation on Midcon; Entex's recent operating procedures; Entex takes versus our prior estimates (have we been under or overestimating volumes each day), etc. Additionally, since we only see about 30% of the meters, we apply a factor to estimate the remaining 70%. If we have an unaccounted volume for a few days that is fairly consistent (and we have determined that the ua4 has not been caused by something else), we may adjust the factor to bring the estimates more in line. Let me know if you have any questions. Daren
{ "pile_set_name": "Enron Emails" }
FYI. -----Original Message----- From: Shankman, Jeffrey A. Sent: Tuesday, November 06, 2001 7:22 PM To: McMahon, Jeffrey; Bowen Jr., Raymond Cc: Buy, Rick; Bradford, William S. Subject: FW: Inablity to issue l/c increase for $166,200 FYI Jeff -----Original Message----- From: Sekse, Per Sent: Tuesday, November 06, 2001 6:50 PM To: Shankman, Jeffrey A.; Mcconnell, Mike Subject: Inablity to issue l/c increase for $166,200 This has been on hold for some time now. We need to increase the l/c to keep our foreign primary casualty coverage in place. The total value of the l/c would be $288,700. It is not much of an increase we need, yet there is zero capacity from the bank to handle our request. Failure to act could send a very negative message to the insurance market if we can't handle this small a request. Just thought you should be made aware. Per -----Original Message----- From: Mata, Jessie Sent: Tuesday, November 06, 2001 10:51 AM To: Clayton, Paul Cc: Bouillion, James L.; Sekse, Per Subject: RE: LOC # S9703509 As of today, we are still on hold. I will advise once I hear something. Thanks, Jessie -----Original Message----- From: Clayton, Paul Sent: Tuesday, November 06, 2001 9:12 AM To: Mata, Jessie Cc: Bouillion, James L.; Sekse, Per Subject: RE: LOC # S9703509 Importance: High Jessie: Please advise the status as this increase needs to be in place no later than November 10, 2001 or it will jeopardize the insurance coverage for Enron's entities operating in foreign countries. Thanks, Paul -----Original Message----- From: Sekse, Per Sent: Wednesday, October 31, 2001 8:06 AM To: Mata, Jessie Cc: Clayton, Paul; Bouillion, James L. Subject: RE: LOC # S9703509 I understand the copr need to hold off on all unneccessary requests for L/C's or funding. We need to be careful not to jeopordize our insurance coverage. The small amout of the L/C coverage increase keeps in place valuable insurance cover. Please confirm with Jim or Paul what the urgency is to ensure we maintain cover. If it needs Global Finace approvale as well, we can askk for it. Thanks. Per -----Original Message----- From: Mata, Jessie Sent: Tuesday, October 30, 2001 12:03 PM To: Sekse, Per Cc: Clayton, Paul; Bouillion, James L. Subject: RE: LOC # S9703509 Just to inform you, we are currently still on hold for issuance or amendment of LC with our banks. -----Original Message----- From: Sekse, Per Sent: Tuesday, October 30, 2001 8:10 AM To: Mata, Jessie Cc: Clayton, Paul; Bouillion, James L. Subject: FW: LOC # S9703509 Please take this email as approval to proceed with issuing the LOC. Per Sekse, Vice President -----Original Message----- From: Bouillion, James L. Sent: Monday, October 29, 2001 2:31 PM To: Sekse, Per Cc: Mata, Jessie; Clayton, Paul Subject: FW: LOC # S9703509 Treasury needs your approval for the subject LOC, which supports our deductible obligation between Gulf Company and ACE/Cigna on the foreign primary casualty program. The deductible is $100,000 per loss. Please e-mail your approval directly to Jesse Mata, with CC: to Paul Clayton. -----Original Message----- From: Clayton, Paul Sent: Friday, October 26, 2001 4:04 PM To: Bouillion, James L. Subject: FW: LOC # S9703509 Jim: We need VP approval on this request. Can Per approve this? -----Original Message----- From: Mata, Jessie Sent: Friday, October 26, 2001 4:03 PM To: Clayton, Paul Subject: RE: LOC # S9703509 We currently are hold with Standard Charter and can not process this request. I will check with them next week to see where Enron stands. Also, keep in mind, I would need VP approval or above for any changes requested. Please have someone forward their approval to me on your request. Thanks, Jessie -----Original Message----- From: Clayton, Paul Sent: Friday, October 26, 2001 2:29 PM To: Mata, Jessie Subject: LOC # S9703509 Importance: High Jessie: The subject LOC #S9703509 issued to ACE-INA Overseas Insurance Company, Ltd., and ACE American Insurance Company in the amount of $122,500 needs to be increased to indicate a new LOC amount of $288,700. Please amend accordingly and let me know should you have any questions. Regards,
{ "pile_set_name": "Enron Emails" }
Start Date: 4/18/01; HourAhead hour: 13; No ancillary schedules awarded. No variances detected. LOG MESSAGES: PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001041813.txt
{ "pile_set_name": "Enron Emails" }
Midge and Janet: We are trying to organize a lunch for the week of June 11th. What days are good for you? Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) [email protected]
{ "pile_set_name": "Enron Emails" }
I talked to Mary Lou on Thursday afternoon and she said that we were all set with tickets (6) in the box seats. Does this sound correct? Thanks for your help in getting these tickets. Hope you had a good weekend. Ben
{ "pile_set_name": "Enron Emails" }
At 4pm on Wednesday Liza arrived with the DASH. It had not been circulated prior to that and there was no-one available to discuss the deal as Eva was not in the office. Please have someone ready to discuss this deal and circulate the DASH in advance of when you want it signing. 4pm on Wednesday with no briefing on the deal didn't give enough time to complete a DASH. Louise -----Original Message----- From: Mrha, Jean Sent: Monday, November 19, 2001 6:06 PM To: Kitchen, Louise Cc: Lavorato, John; Gomez, Julie A.; Rainer, Eva; Nemec, Gerald Subject: Sale of Napoleonville Land Louise, Tomorrow, I am flying to Buffalo, NY for Thanksgiving with my father. As such, for the potential sale of the Napoleonville Land, Julie Gomez will sign on my behalf for LRCI Inc. after both appropriate commercial, accounting and legal parameters have been met. The status is as follows: Texas Brine has been informed that another counterparty has presented a premium bid of $ 3 MM and has the opportunity to counter. Texas Brine was the first counterparty to try to acquire the land at $2.35 MM. Reliant has slowed the transaction close due to their legal changes to the "Act of Sale" document. As such, Gerald Nemec (my legal) is reviewing the document in conjuction with our Louisiana counsel as well as other relevant internal legal groups (i.e. litigation and environmental). I am confident that the land will get sold and was hoping to close the transaction prior to my leaving. However, this bidding "war" has the potential for ENA to extract an even higher auction price. The approximate book value of the land is $1.4 MM. I can be reached via Blackberry or cell (713-302-4187). Eva Rainer, Manager, is also an appropriate person to contact for any questions. Regards, Mrha
{ "pile_set_name": "Enron Emails" }
=================================== RECIPES@EPICURIOUS New Batch Dispatch May 29, 2001 =================================== Welcome to the latest edition of the New Batch Dispatch! Chicken never goes out of style! Fashion a feast with one of these recipes from the latest issues of Bon Appetit and Gourmet. Chicken Crepes with Asparagus and Mushrooms, Gourmet http://www.epicurious.com/ego/chicken_crepes Coriander and Mustard Seed Chicken, Gourmet http://www.epicurious.com/ego/chicken Chicken with Tarragon Vinegar Sauce, Bon Appetit http://www.epicurious.com/ego/chicken_tarragon Chicken and Kumquat Spring Rolls with Hoisin-chili Sauce, Bon Appetit http://www.epicurious.com/ego/spring_rolls --------------------------------Advertisement---------------------------------- We're celebrating Father's Day with a very special offer: FREE SHIPPING on all Tupperware.com orders of $75 or greater! Hurry, this offer expires 6/16. http://www.epicurious.com/ego/tupperware ------------------------------------------------------------------------------- ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ More from Epicurious ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ A guide to spring's freshest ingredients: http://www.epicurious.com/e_eating/e02_springing/spring.html To search more than 12,000 recipes, visit our Recipe File: http://www.epicurious.com/ego/recipes With our dinner kits, you can re-create the meals of world-class chefs: http://www.epicurious.com/shopping/ig/main.html Find the best ingredients and specialty foods from Dean & DeLuca in our shop: http://www.epicurious.com/ego/shop If you want to stop receiving these recipe updates, go to: http://www.epicurious.com/cgi-bin/u.cgi/5?scott.hendrickson%40enron.com Epicurious Editors http://www.epicurious.com
{ "pile_set_name": "Enron Emails" }
I think we decided to take the turbine purchase approval route, and describe the several projects (Midway et al) that we can match the turbines with. Are you still OK with that? -----Original Message----- From: Schneider, Chip Sent: Friday, June 01, 2001 9:05 AM To: Mann, Kay; Jacoby, Ben Cc: Deffner, Joseph; Duran, W. David; Manis, Herman; Engeldorf, Roseann; Bills, Lisa Subject: RE: GE Turbines Depending upon the route we take for approval (turbine purchase vs. project approval), the DASH process should take no more than 5 to 10 days. How firm are we on the Midway project? -----Original Message----- From: Mann, Kay Sent: Friday, June 01, 2001 8:47 AM To: Jacoby, Ben Cc: Deffner, Joseph; Duran, W. David; Manis, Herman; Engeldorf, Roseann; Schneider, Chip; Bills, Lisa Subject: RE: GE Turbines I think Ben's time frame is realistic. I assume we will enter into an assignment and assumption agreement with Sithe, to which GE will consent. In addition, we may need an override letter to the turbine contract to address the E-Next/accounting issues. GE is familiar with what we need in for E-Next, which should help expedite matters. Kay From: Ben Jacoby/ENRON@enronXgate on 05/31/2001 07:55 PM To: Joseph Deffner/ENRON@enronXgate, Kay Mann/Corp/Enron@Enron, W David Duran/ENRON@enronXgate, Herman Manis/ENRON@enronXgate, Roseann Engeldorf/ENRON@enronXgate, Chip Schneider/ENRON@enronXgate, Lisa Bills/ENRON@enronXgate cc: Subject: RE: GE Turbines I've been told that we need to resubmit a non-binding expression of interest by Tuesday. Previously, we submitted a one page non-binding letter indicating that the FMV of the units is $44 MM each. You raise a good point in that we should be prepared to say (again, on a non-binding basis) how long we will need to close (in addition to increasing the bid on the units). I think if our number is good, 30 - 45 days for documentation and close would work, but I think we should also be willing to post some non-refundable $s within say, 2 weeks on the basis of an exclusivity agreement with Sithe. The group's thoughts on this would be appreciated. Thanks. -----Original Message----- From: Deffner, Joseph Sent: Thursday, May 31, 2001 6:56 PM To: Jacoby, Ben; Mann, Kay; Duran, W. David; Manis, Herman; Engeldorf, Roseann; Schneider, Chip; Bills, Lisa Subject: RE: GE Turbines What is expected for the Tuesday bid? I would guess the most critical from a timing perspective will be a response centered on price and commercial/technical issues. Michael indicates below he would like a timetable for internal approvals to a closing. Do we have any indication how pressed he is to close and fund versus agreeing on economic terms quickly and allowing us to review the form of contract to ensure compliance with accounting and finance guidlelines along the lines of our discussion earlier this week? Thanks. -----Original Message----- From: Jacoby, Ben Sent: Thursday, May 31, 2001 5:59 PM To: Mann, Kay; Schneider, Chip; Bills, Lisa; Manis, Herman; Engeldorf, Roseann Cc: Booth, Chris; Rose, Steven; Virgo, Robert; Duran, W. David Subject: FW: GE Turbines All: FYI, tomorrow I should receive turbine contracts for the 3 GE 7FAs being sold by Site. Please see the e-mail below from Sithe's advisor regarding the transaction schedule. Kay and I plan to initially review the contract, and I have a technical team (Booth / Rose) ready to review the contracts as well. From an accounting / finance perspective, I am interested in how we should proceed given the circumstances. Kay and my initial plan is to review the contracts from a technical / legal / commercial perspective and submit a revised indicative number by Tuesday in consultation with Duran. Between now and then, it would be helpful to know from accounting / finance how we should proceed given that we are in a bidding situation (with I'm told three other bidders). Herman / Rose / Lisa - please let me know your thoughts on this. Chip - I would like Chris Booth to work with you on putting a draft DASH together. In the meantime, I will forward turbine contracts to everyone as soon as I receive them. Regards, Ben -----Original Message----- From: [email protected]@ENRON [mailto:[email protected]] Sent: Thursday, May 31, 2001 2:40 PM To: [email protected] Subject: Re: GE Turbines Ben: Per our conversation today, the turbine contract and LTSA are being sent via Fed Ex to your office in Houston. Final bids are due next Tuesday, June 5th via fax to 781-270-0055. Bids should include best price and a closing schedule (date by which bidder will have all internal approvals necessary to enter into a binding agreement with Seller subject only to consent from GE). Thanks again for you patience and please call me if you have any questions, Michael ================ Michael A. Kolman Principal Navigant Capital (781) 564-9774 (direct)
{ "pile_set_name": "Enron Emails" }
karizmaoffers has partnered with sandbox to deliver great offers right to your mailbox! If you no longer wish to receive such messages simply click here and we will remove your address. [IMAGE] [IMAGE] Apply Now! [IMAGE] Sincerely, Your Friends at Karizma This email was sent to you by Karizma, a marketing partner of Centennial Bankcard, not from the Bank itself. Please direct all concerns about this email or your inclusion on this list to our email address listed above. [IMAGE]
{ "pile_set_name": "Enron Emails" }
Don't think I need... O -----Original Message----- From: Valdes, John Sent: Friday, February 1, 2002 12:52 PM To: Keiser, Kam; Giron, Darron C.; Gossett, Jeffrey C.; Love, Phillip M.; Winfree, O'Neal D.; Palmer, B. Scott Subject: UBS SAP Login We are setting up SAP for the new UBS sign-on. Do any of you guys need to have SAP? Let me know by the end of the day so we can set up. If there is anyone in your group, please let me know about them as well. Thanks. John
{ "pile_set_name": "Enron Emails" }
gang - I've saved the Netco working dpr onto a disk and I'm going to work on it at home tomorrow. I'll give you guys a ring in the morning to "touch base" and see what's goin' on! Later! Casey
{ "pile_set_name": "Enron Emails" }
You baby. -----Original Message----- From: Frank Telemaque [mailto:[email protected]] Sent: Friday, November 16, 2001 8:49 AM To: Davis, Dana Subject: RE: what up baby. -----Original Message----- From: Davis, Dana [ <mailto:[email protected]>] Sent: Friday, November 16, 2001 8:25 AM To: Frank Telemaque (E-mail) Subject: Good Morning Mr. Man! ********************************************************************** 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" }
Can you send me an example? Stacey -----Original Message----- From: Postlethwaite, John Sent: Thursday, October 18, 2001 5:59 PM To: White, Stacey W. Subject: RE: Option Sensitivity It's not as detailed as you may be thinking. We run an unofficial adhoc book for the LT-SW and LT-Options book with option sensitivity checked as on Run the West_Sens_new macro created by Min and Zhiyun after calc has finished Spreadsheet is sent to Matt for his use audience is Matt Motley and Mike Driscoll Matt only looks at the spreadsheet based on current market conditions and does not do any type of stress testing. As a result we always make sure there are no scenarios in the predictive option sensitivity area.. John -----Original Message----- From: White, Stacey W. Sent: Thursday, October 18, 2001 1:39 PM To: Postlethwaite, John Subject: Option Sensitivity John, Are you currently preparing option sensitivity reports for Matt Motley? If so, please put together a bullet point list of what we do on a daily basis, who the audience is, and anything else you think might be relevant to an audience of users interested in what procedures we perform for stress/ scenario testing. Thanks, Stacey
{ "pile_set_name": "Enron Emails" }
pls print. thanks df ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 04/21/2000 12:45 PM --------------------------- Bob Stevens 04/21/2000 11:26 AM To: Drew Fossum/ET&S/Enron@ENRON cc: Subject: Black dog response Drew: I've reviewed the nature of this deal with John and Dave. Can you please review the legalese (its patterned after the 2/10 letters we sent.) I need to send off today. Thanks
{ "pile_set_name": "Enron Emails" }
Mercy, Since there are so many new Credit people that we (Legal) do not know, it would be very helpful if you could provide me with a new list of the Credit Team and their phone numbers. The last list we have is dated 6/5/00. Thanks!
{ "pile_set_name": "Enron Emails" }
Bill: Could you please fax Arthur's immunization records to the number below? Thanks. carol ----- Forwarded by Carol St Clair/HOU/ECT on 05/31/2000 10:30 AM ----- Michelle Kapfer@ENRON 05/31/2000 09:42 AM To: Gilda Bartz/GPGFIN/Enron@ENRON, Tamara Jae Black/HOU/ECT@ECT, Paul Bieniawski/Corp/Enron@ENRON, Janie Bonnard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kelly H Boots/HOU/ECT@ECT, Felicia Buenrostro/HR/Corp/Enron@ENRON, Pam Butler/HR/Corp/Enron@ENRON, Stephanie Balette Casas/HOU/ECT@ECT, Cindy Cicchetti/HOU/ECT@ECT, Carol Coats/HOU/ECT@ECT, Ann Sanchez/Corp/Enron@ENRON, Teresa Smith/Corp/Enron@Enron, Sharon Stringfellow/HOU/ECT@ECT, Joann Collins/Corp/Enron@ENRON, Yolanda Cordova-Gilbert/HOU/ECT@ECT, Gay Mayeux/HOU/EES@EES, Sara Davidson/EPSC/HOU/ECT@ECT, Tammy L Drew/HOU/ECT@ECT, Christine Dinh/HOU/ECT@ECT, Marc Eichmann/Corp/Enron@ENRON, Jay Ferry/HOU/EES@EES, Brooklyn Couch/HOU/ECT@ECT, Antionette Forrest/HR/Corp/Enron@ENRON, Nicole Hunter/Enron Communications@Enron Communications, Mark Courtney/HOU/ECT@ECT, Ross Henning/Corp/Enron@Enron, George Hernandez/HOU/EES@EES, Donald W Herrick/HOU/ECT@ECT, Jeff Herrold/Corp/Enron@ENRON, Dalton Hogan/Corp/Enron@ENRON, Julia Kazibwe/HOU/EES@EES, Carol Jean Marshall/HOU/ECT@ECT, Gay Mayeux/HOU/EES@EES, Karen D McIlvoy/HOU/ECT@ECT, Kathy McMahon/Enron Communications@Enron Communications, Karen Myer/GPGFIN/Enron@ENRON, Audrey Pullen/HOU/ECT@ECT, Mary Perkins/HOU/ECT@ECT, Ray Stelly/ET&S/Enron@ENRON, Edward E Quin/HOU/ECT@ECT, James Regan/OTS/Enron@ENRON, Beverly F Lakes/HOU/ECT@ECT, David Rinehart/Corp/Enron@ENRON, Steve Roberts/Corp/Enron@Enron, Deborah Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mary Lynne Ruffer/HOU/ECT@ECT, Kathryn Schultea/HR/Corp/Enron@ENRON, Stephanie Sever/HOU/ECT@ECT, Margaret Bouldin/GPGFIN/Enron@ENRON, Donna Smith/EFS/EES@EES, Sarabeth Smith/ET&S/Enron@ENRON, Carol St Clair/HOU/ECT@ECT, Luly Stephens/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cynthia Tang/HR/Corp/Enron@ENRON, Margo Terrell/HOU/ECT@ECT, John P Tollefsen/HOU/ECT@ECT, Jesse Wang/HR/Corp/Enron@ENRON, Stacy Weatherly/Corp/Enron@Enron, Pam White/Graphics/Enron@ENRON, Michael Wu/HR/Corp/Enron@ENRON, Jeanne Wukasch/Corp/Enron@ENRON, Maria Young/Corp/Enron@ENRON cc: Michelle Kapfer/HR/Corp/Enron@ENRON Subject: Camp Enron Information Dear Camp Enron Parents, Whether your child is currently enrolled or will be in the upcoming weeks the information below will make camp go even smoother. 1. Immunization Records are needed for all campers. If you have not already submitted them, please fax these records to Michelle Kapfer at 713.646.2147. 2. Please put your child's name on all belongings that are being brought to camp. 3. Please drop your child off by 8:00 a.m. in the Energizer. The busses will be loaded right after 8:00 a.m.. 4. Please be sure to pick up your child by 5:00 p.m. in the Energizer. (Remember the $1 per minute after 5pm policy) 5. It is not recommended that your child bring any electronic items to camp. Kidventure and Enron are not responsible for these items. 6. It is not recommended that your child bring any money for souveniors when on the field trips. 7. All children MUST be signed in and out every day. Please be sure that you check in/out with Brin. If you have any questions, please give me a call at x37514. Thanks, Michelle
{ "pile_set_name": "Enron Emails" }
When dealing with New Albany, anytime we get information from anyone, about strategy or anything else please communicate with Jim so that we are all on the same page. Thanks Kayne
{ "pile_set_name": "Enron Emails" }
I will not be attending. ---------------------- Forwarded by Chris Germany/HOU/ECT on 03/13/2000 09:29 AM --------------------------- [email protected] on 03/13/2000 09:17:49 AM To: " - *Christian, William" <[email protected]>, " - *Watkins, Julie" <[email protected]>, " - *Fenwick, Debbie" <[email protected]>, " - *Lang, Marshall" <[email protected]>, " - *[email protected]" <[email protected]>, " - *[email protected]" <[email protected]> cc: " - *Adams, Brian" <[email protected]> Subject: ENRON Agenda Attached please find the agenda for Wednesday's meeting. Thanks, Jill - ENRON Meeting.doc
{ "pile_set_name": "Enron Emails" }
thanks - Dont be so nervous with me - I am not as bad as "they" make me out to be - smiling -----Original Message----- From: Rabon, Chance Sent: Monday, November 19, 2001 2:34 PM To: Brawner, Sandra F. Subject: steno Sandra, my steno # is 5970 but is currently not working. So if you need to get ahold of me, you can call me at 57916 or use steno #5331. chance
{ "pile_set_name": "Enron Emails" }
Check out the part about Simms weight. Big 12: Applewhite eager to reclaim his job By Mark Wangrin Express-News Staff Writer AUSTIN * It runs up and down the inside of Major Applewhite's left knee, a four-inch shiny pink speed bump of a scar. If it could talk, it would tell of how the anterior cruciate ligament buckled as its owner planted while trying to avoid a relentless Arkansas pass rush at the Cotton Bowl on Jan. 1. It would tell of the reconstructive surgery by team orthopedist Dr. Carey Windler, how the joint was whipped back into shape with hours of work and carefully tended with ice bags and heat and extra stretching and anything else Applewhite had read, heard or seen that would help keep his return on pace. If the joint could talk, it would tell people how everything's fine inside, how Applewhite could drop back and plant, set up or scramble, in a real live game today if one was scheduled. If it could talk ... well, Applewhite might well be the happiest guy on the planet. Being a quarterback, team guy and newly inaugurated Student Government representative, Applewhite tries to be diplomatic, but part of him wishes he wouldn't have to answer a steady barrage of questions about his knee, no matter how well-meaning the fans might be. "I don't want to be rude," he said last week. "I just wish they'd stop asking. I love them, appreciate them, but it's getting a little ..." Got the picture. OK. So here's the word: Applewhite is 100 percent * even ahead of schedule. Ready to take on the challenge to his starting job from sophomore quarterback Chris Simms, who with only one career start has graced the cover of The Sporting News football preview and had an ESPN Magazine cover shoot last week This word on Applewhite's fitness comes not just from the junior player, but from the man who's worked most closely with him, physical therapist Allen Hardin. Applewhite, Hardin stresses unequivocally, is ready to play now. Hardin said Applewhite has tested 5 to 10 percent above the expected range when he's had periodic strength and flexibility tests on the injured leg. During rehab, Hardin ditched the pool work, concentrating instead on sport-specific movements, shortly after Applewhite observed that very few football games are played under water. One of the most effective of the workouts involved pulling on Applewhite with rubber tubing as the quarterback moved, cut and set up, strengthening his supporting muscles and improving his balance. "If I came in and told him to do what he did yesterday, he wasn't happy, because he wanted to be challenged," Hardin said. "It was a challenge to come up with things to challenge him." "The only difference I can tell about the knee is it takes longer to warm up," Applewhite said. "I'll jog for four minutes instead of two, stretch for six minutes instead of five." After workouts, Applewhite dutifully ices his knee, though he does so based more on conventional wisdom than necessity. "I've always heard you can get tendinitis, so I ice it," he said. "I don't have any of the symptoms, so it feels like I'm icing it for no reason." In some ways, Applewhite feels he's better for the injury, not the least of which being a renewed appreciation for the game. "So what if I'm tired?" he said. "I can rest when I die." Resting now isn't a bad thing, either. Applewhite said missing spring drills was a boon for his arm. "I was throwing so much during the spring (of 1999), summer and season that it felt like my arm was run ragged," he said. Of course, the knee questions will be answered the first time Applewhite takes a hit in the fall. The other question, the one that he can't shake, will take a little longer. Who's the starter going to be * Applewhite or Simms? "I'd be quick to drop in comments about Chris," Hardin said of his occasional, and apparently unnecessary, mention of Simms as a motivational ploy. "But I think internally, he'd have worked that hard whatever." "It's remarkable the way he's come back," said sophomore cornerback Roderick Babers, noting that Applewhite has been occasionally overthrowing even the speediest receivers in workouts. "In two-a-days, it'll be a fair fight." Asked to size up how Applewhite and Simms have looked in informal workouts, Babers said, "I think (Simms) has the advantage. Major's been sitting out and Simms' confidence is up, big-time. That's what you need in a quarterback. But at the same time, Major's a veteran. He's beaten Nebraska. He's beaten them all." "He's the same old Major," cornerback Quentin Jammer said. Soon Applewhite will probably be as tired of talking about the quarterback duel as he is about answering questions about the state of his knee. Now, a month before the freshmen report on Aug. 13, he's talking about how he's not competing against Simms, just against himself. "The competitive nature that Tiger Woods has is the competitive nature I have," Applewhite said. "At Pebble Beach, Tiger was up 15 and had a 10-footer on the last hole for birdie, and he was out there lining it up. He could have done the 'Happy Gilmore' tap to the hole and still won. But he wanted it all." Simms has bulked up from 208 to 223 pounds, working on his leg and upper body strength. "I feel like there's more to me now, that it's not like the wind's going to blow me over," he said. "I don't want to be a wimpy quarterback. I want to be like Brett Favre. He's not the biggest or the fastest, but he can run when he has to and he can chuck it 80 (yards). "It's going to come, and it'll get worse," Simms said of the building scrutiny. "To tell you the truth, I don't care. Football's a competitive sport. There's nothing you can do about it." So he shrugs it off for now, concentrating on finishing up summer school. He's working on his topic for a writing course, "History of American Baseball." The book he chose is about Babe Ruth. In August, the topic switches to college football. The question remains the same. And Chris Simms, or Major Applewhite, won't write this story. They'll live it. ------------------------------------------------------------------------------ --
{ "pile_set_name": "Enron Emails" }
<http://rs6.net/on.jsp?t=1010962489973.1010945480759&o=http://ccprod.roving.com/roving/images/p1x1.gif> <http://www.pmaconference.com/imagesemail/id000056/id00001.jpg> <http://www.pmaconference.com/imagesemail/id000056/id00002.gif> U.S. Utility and Non-Utility Power Directories SPECIAL PACKAGE PRICE: Normally $895 each, get BOTH Directories AND a full year of Merchant Power Monthly (normally $295) for only $1090! Act Now! Click Here To Download Order Form and Additional Information <http://www.pmaconference.com/powerdirectories.pdf> <http://www.pmaconference.com/imagesemail/id000056/id00003.jpg> <http://www.pmaconference.com/imagesemail/id000056/id00004.jpg> More than 8,000 listings including: name, address, phone, fax, email, website address, key personnel, brief company synopsis, financial and operating information, generating stations, services provided, sales and usage, plant details, key articles, and much more! Listed by: Holding companies, investor-owned electric utilities, Municipal and other publicly owned utilities, rural electric cooperatives, Federal, state and district systems, associations, councils and power pools, Canadian utilities, regulatory agencies, Indexes (company, geographic, personnel) CD-ROM Features: Generate reports, pull mailing lists, analyze data, and produce queries. This revised and updated directory includes more than 2700 non-utility plant listings, including owners and operators. Detailed information (where available) of each plant includes contacts, address, phone and fax numbers, installed capacity, year installed, number of employees, net generation, number of units, prime mover, fuel type and detailed hydro attributes. Company information includes company name, contact, address, phone and fax numbers, website and revenues (if available). This directory is fully exportable. Each CD includes the following formats: MSAccess, MSExcel, Dbase and DOS-Text. <http://www.pmaconference.com/imagesemail/id000056/id00002.gif> Click Here To Download Order Form and Additional Information <http://www.pmaconference.com/powerdirectories.pdf> <http://www.pmaconference.com/imagesemail/id000056/id00002.gif> <http://www.pmaconference.com/imagesemail/id000056/id00005.jpg> This email was sent to [email protected], by PowerMarketers.com <http://rs6.net/tn.jsp?t=vty5arn6.xbwxqqn6.9arrsqn6&p=http%3A%2F%2Fwww.PowerMarketers.com>. Visit our Subscription Center to edit <http://ccprod.roving.com/roving/d.jsp?p=oo&m=1000838503237&[email protected]> your interests or unsubscribe <http://ccprod.roving.com/roving/d.jsp?p=oo&m=1000838503237&[email protected]>. View our privacy policy <http://ccprod.roving.com/roving/CCPrivacyPolicy.jsp>. Powered by Constant Contact <http://www.constantcontact.com/index.jsp?cc=tccst>
{ "pile_set_name": "Enron Emails" }
_________________________________________________________________ B R E A K F A S T W I T H T H E F O O L Friday, November 17, 2000 [email protected] _________________________________________________________________ REGISTER TO BECOME A FOOL -- GET FREE STUFF! http://www.fool.com/m.asp?i=200166 _________________________________________________________________ Sponsored By: FOLIOfn Instead of picking stocks one at a time, now in one simple transaction buy a whole portfolio of stocks for a low flat fee. FOLIO investing from FOLIOfn. Click for a Free Trial! http://www.lnksrv.com/m.asp?i=200167 "Have the courage of your knowledge and experience. If you have formed a conclusion from the facts and if you know your judgment is sound, act on it -- even though others may hesitate or differ." -- Benjamin Graham VA LINUX DOWN, BUT NOT OUT Open-source software provider VA Linux reported first-quarter results, meeting revised expectations. By Mike Trigg VA Linux (Nasdaq: LNUX), which makes software and computers using the Linux operating system, reported its first-quarter outcome after the market's close yesterday, in-line with revised estimates. It was less than two weeks ago when the Freemont, California-based company warned results would fall short of expectations, citing slow sales growth from dot-com customers. The market reacted harshly from that news with shares plummeting 42% in one day. Excluding non-cash items, VA Linux's fiscal first-quarter (ended October 27) net loss was $7 million, or $0.15 per share, compared to a net loss of $7.2 million, or $0.27 per share, in the year-ago period. The Street had expected a loss of $0.09 per share prior to the warning. On the top line, the open-source software provider reported $56.1 million in revenues, compared to $14.8 million in the same period last year. "While top and bottom-line results did not meet our expectations for the quarter, we remain optimistic about our prospects for growth in the future. We remain committed to profitability, excluding non-cash charges, no later than the end of calendar 2001, and we anticipate revenue for fiscal 2001 to be approximately 2.25 times fiscal 2000 revenue,'' said President and CEO Dr. Larry M. Augustin. VA Linux's stock, which closed last night at $12, is down significantly from its 52-week high of $320. Clearly, the days of unabashed enthusiasm for Linux stocks are gone. However, investors continue to keep companies like VA Linux on the radar, and being profitable one year from now would help the company's prospects. Management's ability to control costs while growing revenues is critical. The other key to success will be monitoring the commercial acceptance of Linux-based products, particularly among Fortune 1000 companies. The fact remains that Linux products are still something that appeal more to techies, and until that changes investors will continue to have doubts about VA Linux's ability to succeed _________________________________________________________________ NEWS TO GO Caffeine haven Starbucks (Nasdaq: SBUX) announced fourth-quarter earnings after the market's close yesterday. The company (excluding non-cash items) reported income of $43.8 million, or $0.22 per share, compared to $32.4 million, or $0.17 per share, a year ago. That's a 35% increase. The Street consensus called for the company to earn $0.22 per share. Revenues for the quarter were $582 million, compared to $475 million a year ago. Including non-cash charges to write down Internet investments, Starbucks' profit was $0.01 per share. Same-sales stores grew 10%. Southeastern U.S. local-phone company BellSouth Corp. (NYSE: BLS) announced it expects earnings per share to grow between 7% and 9% next year. The company previously forecasted 13% to 15% growth. According to a spokesperson, the new estimate includes the cost of entering Colombia and adding more customers for digital subscriber line (DSL) Internet access, which was not factored into the original forecast. BellSouth expects customers for DSL service to expand threefold to 600,000 next year, reducing earnings by $0.07 per share. Colombian acquisitions are expected to cut earnings another $0.06 per share for the year. Computer networking chipmaker Marvell Technology Group (Nasdaq: MRVL) reported third-quarter results after the market's close last night, exceeding Street expectations. Marvell's net income was $1.8 million, or $0.02 per share. Excluding stock compensation costs, profit was $3.4 million, or $0.04 per share, compared to $5.5 million, or $0.07 per share, a year ago, exceeding Street expectations by a penny. Revenue came in at $36.2 million, a 54% year-over-year increase. Semiconductor company Dallas Semiconductor (NYSE: DS) announced that Chairman, CEO, and President Vin Prothro died yesterday after suffering a heart attack. Prothro founded the company in 1984 and had served in his current duties since its inception. The company announced its board would meet soon to start the process of naming a successor. The 58-year-old Prothro had no history of heart problems. Before trading was halted, Dallas Semiconductor shares dropped $1.19 to $36.88. Check out yesterday's Foolish market wrap-up with just one click. http://www.fool.com/m.asp?i=200168 _________________________________________________________________ EDITORS' PICK Online banking may sound like a nifty idea, but the Fool's Todd Lebor is presently underwhelmed by it. http://www.fool.com/m.asp?i=200169 _______________________________________________________________ -News & Commentary http://www.fool.com/m.asp?i=200170 -Fool Community http://www.fool.com/m.asp?i=200171 -Post of the Day http://www.fool.com/m.asp?i=200172 -Latest Fribble http://www.fool.com/m.asp?i=200173 -Latest Market Numbers http://www.fool.com/m.asp?i=200174 ____________________________________________________________ My Portfolio: http://www.fool.com/m.asp?i=200175 My Discussion Boards: http://www.fool.com/m.asp?i=200176 My Fool: http://www.fool.com/m.asp?i=200177 Fool.com Home: http://www.fool.com/m.asp?i=200178 My E-Mail Settings: http://www.fool.com/m.asp?i=200179 Sponsored By: FOLIOfn Instead of picking stocks one at a time, now in one simple transaction buy a whole portfolio of stocks for a low flat fee. FOLIO investing from FOLIOfn. Click for a Free Trial! http://www.lnksrv.com/m.asp?i=200180 FREE BOOK, JUST FOR FOOLS! Investor's Business Daily will send you a free copy of 24 Essential Lessons for Investment Success when you sign up for a free trial subscription of their newspaper. http://www.lnksrv.com/m.asp?i=200181 INVESTMENT OPPORTUNITIES IN STEM CELLS Get a free preview of this new report at Soapbox.com. http://www.lnksrv.com/m.asp?i=200182 FOOL DIRECT E-MAIL SERVICES Need to change your address or unsubscribe? You can also temporarily suspend mail delivery. Click here: http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers @enron.com> Have ideas about how we can improve the Fool Direct or new e-mail products you'd like to see? Try our discussion board: http://www.fool.com/m.asp?i=200183 ____________________________________________________ (c) Copyright 2000, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. . MsgId: msg-4250-2000-11-17_8-59-09-3234947_2_Plain_MessageAddress.msg-09:04:07(11-17- 2000) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: [email protected]
{ "pile_set_name": "Enron Emails" }
FYI--our local counsel's view on Domingo Cavallo (the third Minister of Economy in a month) as it relates to stamp tax. There are 3 articles on him in Wednesday's FT. Sounds like we have friends in high places. Pete do you know Carlos Bastos? By the way, in talking with Gonzalo Flores at the World Bank, it looks like our claim before the International Center for the Settlement of Investment Disputes (ICSID) could be registered on Friday. Recall that ICSID is the only arbitration forum in the world where a claimant must meet numerous jurisdictional and standing requirements under the ICSID Convention and the BIT to be "registered." It's not a slam dunk especially since TGS has filed claims in the local court, so if registration is granted Friday, we'll have cleared the first hurdle. Call me if you have questions. 56159 Regards, Michelle -----Original Message----- From: Guido Tawil <[email protected]>@ENRON Sent: Wednesday, March 21, 2001 4:42 PM To: Blaine, Michelle; Guido Tawil Cc: "\"Kellie Meiman\" <kmeiman (E-mail)"@ENRON; [email protected] Subject: RE: PPP/PFI Law Dear Michelle, Cavallo is supposed to make public his so promoted bill today or tomorrow. I don%t know much about it yet. He said that he will be trying to abolish stamp tax in the provinces but we will have to see what happens. Please take into account that the new Ministry of Infrastructure (Carlos Bastos) and former Secretary of Energy during Cavallo%s previous period is a very close friend of Enron, former advisor of your company and it seems all the energy matters will depend on him. Although Cavallo has gathered positive reactions, the situation is extremely difficult and it%s not clear that he will get the needed support from other parties (and even from the radical party) I think we will have to wait a little bit before trying to contact him or his team. Best regards, Guido Santiago Tawil M. & M. Bomchil Suipacha 268, piso 12 (C1008AAF) Buenos Aires Argentina Tel (54 11) 4321 7500 Fax (54 11) 4321 7555 E-mail [email protected] www.bomchil.com.ar -----Mensaje original----- De: Blaine, Michelle [mailto:[email protected]] Enviado el: Mi,rcoles, 21 de Marzo de 2001 03:09 p.m. Para: Guido Santiago Tawil(eMail) (E-mail) CC: "Kellie Meiman" <kmeiman (E-mail); [email protected] Asunto: PPP/PFI Law Guido I have an article from Freshfield's about a new law the Argentine Congress is considering to attract foreign investment, intended to promote private sectoir participation in infrastructure development. It also states that "it is also anticipated that several Argentine provinces will enact their own legislation to facilitate projects within their jurisdiction." What do you know about it? What is everyone's pulse on Cavallo? There are three articles about him today in the Financial Times. Any thoughts on how this will impact our stamp tax case? Any chance we can get in to see him?
{ "pile_set_name": "Enron Emails" }
As a follow up to the 2000 audit plan, please be advised that we have not received to date the matrix reporting packages to enable my group to update the BRM database on all audits since the beginning of the 2000 plan year as well as the Capital Books audit for 1999. Would you please make sure we get the following reports as soon as possible so we can get them in the database. If you have any questions, please let me know. Thank you. Donna Reports needed: Capital Books (1999) Enron Online Trading Controls Group Database System Management Coal Equity Comparables Merchant Asset Portfolio GRMS Risk Controls Group Pulp, Paper & Lumber Related Party & Affiliate Activities Investment Portfolio Activity Reporting & Analysis Phoenix/LIM This includes all reports that were scheduled to be completed through June 2000.
{ "pile_set_name": "Enron Emails" }
See Dow Jones newswire story at the end ----- Forwarded by Steven J Kean/NA/Enron on 10/23/2000 08:01 AM ----- Steven J Kean 10/22/2000 07:31 PM To: Joe Hartsoe/Corp/Enron@ENRON cc: Subject: Enron Mentions Look at the last article .... any idea what the "rude awakening" might be? ----- Forwarded by Steven J Kean/NA/Enron on 10/22/2000 07:30 PM ----- Ann M Schmidt 10/20/2000 07:58 AM To: Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Meredith Philipp/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Mary Clark/Corp/Enron@ENRON, Laura Schwartz/Corp/Enron@Enron, Eric Thode/Corp/Enron@ENRON, Elizabeth Linnell/NA/Enron@Enron cc: Subject: Enron Mentions Business/Financial Desk; Section C Study Finds That Many Large Companies Pay No Taxes By DAVID CAY JOHNSTON ? 10/20/2000 The New York Times Page 2, Column 1 c. 2000 New York Times Company Goodyear, Texaco, Colgate-Palmolive, MCI WorldCom and eight other large corporations earned more than $12.2 billion in profits in 1996 through 1998, but none of them ended up owing corporate income taxes over that period, according to a study released yesterday. Indeed, as a group, the companies received $535 million in credits or refunds, the report found. The study of 250 large publicly traded companies showed that 24 owed no tax or received credits against past or future tax obligations in 1998, up from 13 in 1997 and 16 in 1996. The study also found that 71 of the 250 companies paid taxes at less than half the official 35 percent corporate rate during the three-year period. The study was conducted by the Institute on Taxation and Economic Policy, a Washington research organization associated with Citizens for Tax Justice, a nonprofit group supported in part by labor unions. The group argues that the tax system favors the rich and politically connected. Corporate profits overall soared 23.5 percent during the three-year period, but corporate tax revenues grew just 7.7 percent, a disjunction that has drawn intense interest from the Treasury Department and some members of Congress who are concerned about the growing market for tax shelters and their abuse. In recent years, Congress has watered down the 1986 overhaul of the tax laws, which lowered rates and eliminated most tax shelters, and was supposed to simplify reporting. The recent changes have opened fresh opportunities for corporations to cut their taxes, the study found. ''Corporate taxes are not rising along with profits because companies have found all sorts of ways to get around the reforms in the 1986 tax act,'' said Robert S. McIntyre, the director of Citizens for Tax Justice. ''Companies also have gotten a lot of help from Congress, especially in gutting the minimum tax rules.'' Mr. McIntyre said that he and T. D. Coo Nguyen, the co-author, spent more than two years examining financial statements the companies sent to shareholders. All but 18 of the companies studied are on the Fortune 500 list, and the others are in the Fortune 1000. He said companies were excluded if they lost money or their tax disclosures ''were crafted so that you could not figure them out.'' At least two companies objected to the study's methodology. Keith Price, a spokesman for Goodyear, said the study did not appear to consider an accounting rule affecting its sale of a pipeline subsidiary in 1998. It made no objection to the 1996 and 1997 figures. Michael N. Ambler, Texaco's chief tax counsel, said that his company had tax disputes with the Internal Revenue Service that were unresolved after more than a decade. If those disputes are settled with a refund, he said, that can easily distort the figures for any one year. He said that even the three-year study period was too short to give an accurate picture. Timothy McCormally of the Tax Executives Institute, which represents officials at large companies, told Bloomberg News that the companies named in the report did nothing wrong. ''There is nothing in the report that suggests that any of this results from any illegal or improper activity,'' he said. The study by the Washington institute showed that the corporate tax burden was falling in many cases because of the growing use of stock options, which are an expense for tax purposes but do not count against profits reported to shareholders. Recent annual reports filed by Microsoft and Cisco Systems indicate that they paid no federal income taxes in 1999 because stock options exercised by employees wiped out profits for tax purposes. The study found that General Electric, I.B.M., Pfizer, Intel and Bristol-Myers Squibb also sharply reduced their tax rates because of stock options without having to show reduced earnings to shareholders. The most significant factor in the easing corporate tax burden, Mr. McIntyre said, can be traced to actions in Congress, which relaxed the corporate minimum tax in 1993 when the Democrats were in control of both the House and Senate, and again in 1997, after the Republicans had taken over. Congress made it easier for corporations to spread tax breaks and profits over many years, including reaching back to past years to get tax breaks that could not be used at the time. In at least one of the three years studied, 41 of the 250 large companies studied paid no federal income tax. Those 41 companies reported $25.8 billion in profits to shareholders in the years they paid no taxes. If they had been obligated to pay the full 35 percent corporate rate, the tax bill would have been $9 billion, but the companies received $3.2 billion in refunds. In total dollars, General Electric was the biggest beneficiary of tax breaks, the study said, saving $6.9 billion in three years. The company paid $2.1 billion in income taxes on $25.8 billion in profits, for a tax rate of 8.1 percent. The highest tax rate for the three years was paid by Winn-Dixie Stores, which paid an average of 35.7 percent of its 1996 through 1998 profits in federal income taxes. It was one of two companies that paid more than the 35 percent statutory rate because of multiyear tax rules. The other was Paccar. Chart: ''Profits Without Pain'' In a study of 250 large and profitable companies, these 17 paid the least in corporate taxes -- or got the biggest refunds -- as a percentage of profits from 1996 to 1998. Goodyear 1996-98 PROFITS, IN MILLIONS: $657 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: -$ 65 EFFECTIVE TAX RATE: -9.9 Texaco 1996-98 PROFITS, IN MILLIONS: 3,447 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 304 EFFECTIVE TAX RATE: -8.8 Ryder 1996-98 PROFITS, IN MILLIONS: 489 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 30 EFFECTIVE TAX RATE: -6.2 El Paso Energy 1996-98 PROFITS, IN MILLIONS: 818 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 36 EFFECTIVE TAX RATE: -4.4 MedPartners 1996-98 PROFITS, IN MILLIONS: 184 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 4 EFFECTIVE TAX RATE: -2.1 Tenneco 1996-98 PROFITS, IN MILLIONS: 731 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 14 EFFECTIVE TAX RATE: -1.9 Colgate-Palmolive 1996-98 PROFITS, IN MILLIONS: 777 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 14 EFFECTIVE TAX RATE: -1.7 MCI WorldCom 1996-98 PROFITS, IN MILLIONS: 3,578 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 61 EFFECTIVE TAX RATE: -1.7 Corporate Express* 1996-98 PROFITS, IN MILLIONS: 214 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 4 EFFECTIVE TAX RATE: -1.6 WestPoint Stevens 1996-98 PROFITS, IN MILLIONS: 339 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 3 EFFECTIVE TAX RATE: -0.7 Kmart 1996-98 PROFITS, IN MILLIONS: 978 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: - 2 EFFECTIVE TAX RATE: -0.2 Enron 1996-98 PROFITS, IN MILLIONS: 816 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: + 2 EFFECTIVE TAX RATE: +0.2 Transamerica 1996-98 PROFITS, IN MILLIONS: 2,199 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: + 5 EFFECTIVE TAX RATE: +0.2 Suiza Foods 1996-98 PROFITS, IN MILLIONS: 295 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: + 2 EFFECTIVE TAX RATE: +0.8 Navistar 1996-98 PROFITS, IN MILLIONS: 742 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: + 13 EFFECTIVE TAX RATE: +1.8 McKesson 1996-98 PROFITS, IN MILLIONS: 473 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: + 10 EFFECTIVE TAX RATE: +2.1 Pfizer 1996-98 PROFITS, IN MILLIONS: 3,367 TOTAL TAX REFUNDED OR PAID, 1996-98, IN MILLIONS: + 104 EFFECTIVE TAX RATE: +3.1 *Purchased by Buhrmann in October 1999. (Source: Institute on Taxation and Economic Policy) Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved. Business; Financial Desk Legal Breaks Lower Some Corporate Tax Rates ? 10/20/2000 Los Angeles Times Home Edition Page C-3 Copyright 2000 / The Times Mirror Company WASHINGTON -- Dozens of America's most profitable companies enjoyed tax-free years during the 1990s largely because of legal tax breaks, an independent study released Thursday found. The report by the nonprofit Institute on Taxation and Economic Policy found that 250 companies paid an effective tax rate of 20.1% in 1998, down from 22.9% just two years before. The federal income tax rate for corporations is supposed to be 35%. Of the 250 companies studied, 41 enjoyed at least one year of no income taxes or an actual rebate from the federal government, despite pretax profits of $25.8 billion from 1996 to 1998. If all 250 companies had paid the full 35% on $735 billion in pretax profits, the study estimated the total income tax would have come to $257 billion. But tax breaks put into law by Congress lowered those companies' tax bills by $98 billion over the three-year period. Companies getting tax rebates in 1998 alone included Texaco Inc., Chevron Corp., PepsiCo Inc., J.P. Morgan & Co., Enron Corp. and General Motors Corp., the report found. The study's chief author, Robert S. McIntyre, said companies lower their taxes through such breaks as depreciation write-offs, tax credits for research and development and deductions they take when employees exercise stock options. The report also found that the petroleum industry paid the lowest tax rate from 1996 to 1998, at 12.3%, followed by electronics at 13.1%, forest and paper products at 13.9% and transportation at 14%. At the other end of the spectrum, publishing and printing companies paid 31.6%, gas and electric utilities paid 28.1% and retail and wholesale trade companies paid 27.6%. Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved. Oct. 19, 2000, 10:23PM Houston Chronicle Arena boosters tout 3 benefits Some question property/sales tax numbers, new development By ERIC BERGER Copyright 2000 Houston Chronicle Enron Field sparked the redevelopment of downtown's east side, boosters say, and an arena would crown the revitalization of the long-neglected area. A strongly pro-arena business organization, Central Houston Inc., released a flurry of positive economic numbers to back its contention that Enron Field is a boon to downtown as well as to city, county and school tax coffers, and that the arena would be as well. "There's no better way to measure the impact of sports facilities on downtown than to look at the one we already have," said the organization's president, Bob Eury, as he crooked a finger toward the ballpark. Eury and other boosters outlined three economic benefits to Houston they say are related to sports facilities: increased property tax revenues, a wealth of new development in the area and a boost in sales tax collected. But economic analysts questioned some of their conclusions. When Enron Field was built, nine blocks were taken off the tax rolls at a cost of about $284,000 in lost property taxes. Eury said, though, that it was not a bad trade. He noted that properties around the ballpark have leaped in value since the Enron Field project began in the mid-1990s. In turn, the annual property tax collected on land and buildings within four blocks of the ballpark is $2.4 million greater now than in 1995. But Harris County Tax Assessor-Collector Paul Bettencourt said those figures are due in part to the boom in land values across downtown, including the central business district, since 1995. Bettencourt said he hoped to have an analysis finished today to determine whether land values around Enron Field had increased at a greater rate than land in the rest of downtown. The boosters also highlighted more than $700 million worth of private developments planned -- but not yet completed -- near the ballpark, including the $90 million, 37-story Ballpark Place Tower across Crawford Street from Enron Field. "Without a doubt, if Enron Field was not there, Ballpark Place would not be there," said John Holland, an executive vice president for the Trammel Crow Co., which expects to break ground on the project in early 2001. Because the arena would be built in an urban core, even academics who are skeptical about the economic benefits of sports stadiums agreed that spin-off development is likely nearby. But independent economists who have studied such issues, including Brad Humphreys, an assistant professor at the University of Maryland-Baltimore County, say development near a stadium usually has a negative impact on development and businesses in other parts of a city. The focus must be on the entire market, Humphreys said, not just in the vicinity of a sports facility. "Public subsidization of stadiums and arenas isn't necessarily a bad thing," he said. "But when they sell them as economic engines, it's just absolutely wrong. The research doesn't show that." A recent study Humphreys co-authored, which appeared in the fall 1999 issue of the Journal of Policy Analysis and Management, found that the presence of professional sports teams in a market, on average, actually reduced the per-capita income in those markets, compared with similar markets without such teams. Given Houston's strong economy, Eury said he does not believe downtown development will detract from other areas of the city, as Humphreys' studies have shown in other markets. A third major economic benefit offered Thursday was that a new arena, with the Houston Rockets and Houston Comets as tenants, would generate $13 million a year in sales tax revenues. About $2.7 million of that would go into local coffers, with the remainder going to the state, according to the study performed for Eury's group by CSL International, a consulting firm. Yet even in the absence of a new arena and both teams, many economists say a large portion of those expenditures would be spent in the area anyway. That is known as a "substitution effect." Instead of a family going to a game, it might go to the movies or local zoo. And corporations are likely to sponsor other local events out of their advertising budgets, the economists say. The CSL study did not account for this substitution effect in calculating the sales tax impact, said Bill Rhoda, the firm's director. Study: Dozens of corporations pay little or no income tax By CURT ANDERSON AP Tax Writer 10/19/2000 Associated Press Newswires Copyright 2000. The Associated Press. All Rights Reserved. WASHINGTON (AP) - Dozens of America's most profitable companies enjoyed tax-free years during the 1990s largely because of legal tax breaks, an independent study released Thursday found. The report by the nonprofit Institute on Taxation and Economic Policy found that 250 companies paid an effective tax rate of 20.1 percent in 1998, down from 22.9 percent just two years before. The federal income tax rate for corporations is supposed to be 35 percent. Of the 250 companies studied, 41 enjoyed at least one year of no income taxes or an actual rebate from the federal government, despite pretax profits of $25.8 billion from 1996-98. If all 250 companies had paid the full 35 percent on $735 billion in pretax profits, the study estimated the total income tax would have come to $257 billion. But tax breaks put into law by Congress lowered those companies' tax bills by $98 billion over the three-year period. Companies getting tax rebates in 1998 alone included Texaco, Chevron, Pepsico, J.P. Morgan, Enron and General Motors, the report found. The study's chief author, Robert S. McIntyre, said companies lower their taxes through such breaks as depreciation write-offs, tax credits for research and development and deductions they take when employees exercise stock options. "We hope our findings will encourage lawmakers to re-examine this important area of taxation," McIntyre said. The report also found that the petroleum industry paid the lowest tax rate from 1996-98, at 12.3 percent, followed by electronics at 13.1 percent, forest and paper products at 13.9 percent and transportation at 14 percent. At the other end of the spectrum, publishing and printing companies paid 31.6 percent, gas and electric utilities paid 28.1 percent and retail and wholesale trade companies paid 27.6 percent. "Anyone who worries about our economy's long-term growth has to wonder why the tax code is being used to favor some industries and some kinds of investments over others, rather than letting market forces decide," McIntyre said. ---- On the Net: Institute on Taxation and Economic Policy site: http://www.itepnet.org Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved. US Rep Drafts Bill To Impose Windfall Tax On Pwr Companies. By JASON LEOPOLD 10/19/2000 Dow Jones Energy Service (Copyright (c) 2000, Dow Jones & Company, Inc.) OF DOW JONES NEWSWIRES LOS ANGELES -(Dow Jones)- California's summer of soaring wholesale electricity prices helped boost the stock price of many energy companies in the third quarter. But if U.S. Rep. Bob Filner, D-Calif., gets his way, those companies will be forced to pay back hundreds of millions of dollars in profit to utilities, customers and the government. Filner introduced a bill in the House of Representatives last week that would impose a windfall profit tax on wholesale power sold throughout the western U.S. The bill, which was referred to the House Committee on Ways and Means, may be discussed in December or January, according to Filner, and if he gets enough support by the mostly Republican caucus, companies like Enron Corp. (ENE), Duke Energy North America (DUK), Southern Co. (SO). Reliant Energy (REI) and Dynegy (DYN), would only be allowed to show a certain amount of profit and anything over that amount would be taxed 100%. Filner said the amount of profit hasn't been determined but his bill calls for a baseline that would be a "just and reasonable" amount of profit. The congressman's San Diego constituents were paying market-based electricity rates in the summer which resulted in triple-digit utility bills. He said generators are gouging California customers and need to be held responsible. "This is not just a problem of supply and demand," Filner told Dow Jones Newswires. "This is stealing. And we want our money back." State and federal regulators are conducting separate investigations into California's wholesale power crisis. The findings, expected to be complete in about two weeks, are aimed at determining if generators or other key players manipulated the state's wholesale energy market. At least two major energy companies are being investigated by California Attorney General Bill Lockyer. A high level source working on the probe with the Attorney General said third-quarter earnings statements will play a major role in finding out if generators manipulated the market. Their investigation isn't turning up much evidence but earnings statements are showing that profits are up significantly largely due to wholesale prices in California, the source said. At least one Federal Energy Regulatory Commissioner, who spoke on the condition of anonymity, said the wholesale electricity market in California will be in for a "rude awakening" when the agency completes its investigation. "There will be some serious structural changes to the market," the commissioner said. Representatives from energy companies told Dow Jones Newswires that higher profits weren't the result of illegal activity or manipulating the market. Energy Cos. Say Summer Crisis Boosted 3Q Earnings On Wednesday, Duke Energy, which owns and operates power plants in California, said in an earnings statement that third-quarter profit rose 74%, due in part, to high wholesale prices in California in the summer. Enron and several other companies reported similar third-quarter increases based on California's summer of skyrocketing power prices. The congressman doesn't want to limit the proposed windfall tax to California, but where generators sell power in the western U.S. But even Filner admits that forcing generators to refund part of their profits isn't getting the early support it needs to become law. "If the democrats were in charge I'd have this bill voted on already," Filner said. Filner said if the bill is passed some of the money would be refunded to consumers and utilities, the victims, as he refers to them. Meanwhile, he's also working on getting the House to pass a separate bill to roll back electricity rates in the western U.S. to pre-deregulation levels and he's trying to gather support for a wind power initiative. Regardless of the outcome, the congressman is dead set on making noise. "If nothing happens, I'm thinking about holding a press conference with the San Diego District Attorney," he said. "We'll press criminal charges against the energy companies." -By Jason Leopold; Dow Jones Newswires; 323-658-3874; [email protected] Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
{ "pile_set_name": "Enron Emails" }
Hey - Are you guys boycotting CAISO energy? Kate ---------------------- Forwarded by Kate Symes/PDX/ECT on 04/10/2001 12:56 PM --------------------------- From: Sharen Cason 04/10/2001 12:37 PM To: Kate Symes/PDX/ECT@ECT cc: Kimberly Hundl/Corp/Enron@Enron, Amy Smith/ENRON@enronXgate Subject: corrections Hello! These deal have NP/SP delivery points with firm energy. 576522 576512 576523 576517 576513 and 576511, but this one is also the wrong CP name. Reliant HLP doesn't trade in the west. I think it should be Reliant Energy Services. Thanks!
{ "pile_set_name": "Enron Emails" }
I checked in Jeff's trade log - he just stepped into a meeting - and 504970 had been crossed out to show 50 MW. But 505118 only has 25 MW. Does this sound correct? I'm a little confused about what you're asking - should the deals match at 50 MW on peak? Or is one 25 and one 50? Kate Kerri Thompson@ENRON 01/25/2001 02:48 PM To: Kate Symes/PDX/ECT@ECT cc: Subject: Re: apb checkout the williams deals with apb at 215.00, should total 150 mw. we are just missing 25 mw. Kate Symes @ ECT 01/25/2001 04:40 PM To: Kerri Thompson/Corp/Enron@ENRON cc: Subject: Re: apb checkout 505118 has been changed to 1/26 -1/27. Still checking on missing deal. Kerri Thompson@ENRON 01/25/2001 02:12 PM To: Kate Symes/PDX/ECT@ECT cc: Subject: apb checkout 505118 term should be 26-27 missing deal just like deal 505118 505223 price should be 300.00 misssing 2 deals for bob, will get details. thanks
{ "pile_set_name": "Enron Emails" }
Hey Mom, Can you send me the flight numbers for the America West debacle we just experienced? Thanks
{ "pile_set_name": "Enron Emails" }
Here is our bid package for the winter. The details are in the word document below, and the list of properties are in the excel spreadsheet. If you have any questions, then give me a call at 972-383-6527. Thanks for your time in looking at this bid package. Steven Smith
{ "pile_set_name": "Enron Emails" }
BUSINESS HIGHLIGHTS Enron Industrial Markets The Transaction Development group (TD) is responsible for corporate development, transaction execution and portfolio management activities within EIM. TD is responsible for asset and corporate acquisitions to support EIM's efforts in the Forest Products and Steel industries. TD works with EIM's Forest Products and Steel Origination groups to structure and execute complex transactions for EIM's customers. TD also manages EIM's equity investments, such as EIM's ownership position in Papier Masson, Ltee, a paper mill in Quebec, Canada. TD is comprised of approximately 20 professionals with a wide range of backgrounds including investment banking, commercial banking, management consulting, law, project development, accounting and engineering. In addition, the majority of the analysts and associates within EIM work in TD since it provides a strong base of deal experience for junior members of our organization. Enron Freight Markets Enron Freight Markets has continued to expand the transportation services offered to its customers and completed several flatbed truck moves outbound from Georgia this week. There was a shortage of flatbed equipment supply in this market and EFM was able to obtain more than three times the normal margin on each move. IN THE NEWS "Enron's bilateral internet trading platform, EnronOnline, was launched in November 1999 and is the largest e-commerce site on the planet based on the value of its transactions. As EPRM went to press, it had average daily trading volume of $3.5 billion, accounting for nearly 50% of the company's revenues from wholesale marketing activities." -- Energy Power Risk Management, May 2001 WELCOME New Hires EIM - Cheryl Lindeman ENA - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale, Sarah Wooddy Transfers (to or within) ENA - Grace Taylor, Steven Irvin, Dina Snow NUGGETS & NOTES Enron is hosting the Chicago Energy Risk Management Seminar at The Drake Hotel in Chicago on June 14, 2001. Topics include: Power Outlook, Natural Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper Risk Management. The RSVP deadline is June 8th so please contact Laura Pena as soon as possible at x 3-5376. This is a great event for "new" as well as established customers. There will be a cocktail reception immediately after the presentations. Enron will also be hosting seminars in Atlanta, Houston, Denver and San Francisco. Dates to be announced soon. Travel tip of the week: Flights reserved through Travel Agency in the Park provide you with $150,000 of flight insurance at no additional charge. EnronOnline Statistics Below are the latest figures for EnronOnline as of May 29, 2001. * Total Life to Date Transactions > 1,015,000 * Life to Date Notional Value of Transactions > $610 billion NEWS FROM THE GLOBAL FLASH Enron arranges first gas pipeline import into Italy Enron has continued its pioneering activities in the Continental gas market by arranging the first gas import into Italy. The Italian team worked with the Continental Gas desk to arrange this strategically important agreement with Blugas SpA., the wholesale gas company formed by the municipalities of Cremona, Lodi, Mantova and Pavia in north-eastern Italy. Enron has sourced 100,000 cubic metres per day of natural gas from northern Europe to transport to Italy, transiting it through Germany and Switzerland, despite fierce resistance from Ruhrgas and TransitGas respectively. Aside from isolated LNG imports by incumbent monopolies this is the first time that any company has managed to import natural gas by pipeline into Italy since the Italian gas sector was officially liberalised in August 2000. The gas, which started flowing at 06.00 on Thursday 17th May 2001, will be used to meet the needs of two thirds of Blugas' residential customers within the four municipalities. The current contract lasts for five months. Congratulations to Fabio Greco, Carsten Haack, Didier Magne, Michael Schuh, Marco Lantieri and Daniela Uguccioni. Enron in the Middle East Enron has relinquished its stake in Dolphin Energy, the joint venture company formed to develop gas reserves in Qatar. Enron has agreed to transfer its 24.5 per cent stake in the project to the United Arab Emirates Offset Group (UOG), the majority shareholder. The agreement allows Enron to deploy capital elsewhere and gives UOG the opportunity to seek new partners before the project moves into its next phase. Development of the Emden/Oude gas hub moves ahead fast An important milestone in the evolution of the new gas trading hub on the Dutch-German border was reached last week. Last Friday some of the major European gas players held a meeting to officially establish the Emden/Oude gas hub. Although Enron had already initiated the development of the Emden/Oude hub by making a market through EnronOnline as early as December 2000, the goal of this meeting was to set up a working group similar to the Zeebrugge focus group who can work on setting a legal framework for the Emden/Oude hub. Enron was elected as the only new market entrant in this group, reflecting the high level of respect industry peers have for Enron as a major player in the Continental gas market -- even from incumbents! LEGAL STUFF The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries. It is intended for internal use only and should not be disclosed. <Embedded Picture (Metafile)>
{ "pile_set_name": "Enron Emails" }
Dear Real-Timers, I just wanted to drop you guys a line to say thanks for keeping better notes and more complete trade logs. I can't tell you how much more efficiently I get things done when I find the counterparty trader's name, time of a conversation, and a confirm of MW and price values. I really appreciate your efforts. Sincerely, Virginia
{ "pile_set_name": "Enron Emails" }
I don't know, where do you have in mind -----Original Message----- From: Maggi, Mike Sent: Tuesday, January 22, 2002 2:07 PM To: Rybarski, Amanda Subject: RE: it will probably take me until then, so where should we meet -----Original Message----- From: Rybarski, Amanda Sent: Tuesday, January 22, 2002 2:07 PM To: Maggi, Mike Subject: RE: I'm going to shoot for 3 -----Original Message----- From: Maggi, Mike Sent: Tuesday, January 22, 2002 2:06 PM To: Rybarski, Amanda Subject: RE: what time do you think -----Original Message----- From: Rybarski, Amanda Sent: Tuesday, January 22, 2002 2:06 PM To: Maggi, Mike Subject: RE: you're going to be done before I can get off -----Original Message----- From: Maggi, Mike Sent: Tuesday, January 22, 2002 2:04 PM To: Rybarski, Amanda Subject: RE: i think now -----Original Message----- From: Rybarski, Amanda Sent: Tuesday, January 22, 2002 2:05 PM To: Maggi, Mike Subject: RE: I don't know...when are you getting your haircut? -----Original Message----- From: Maggi, Mike Sent: Tuesday, January 22, 2002 2:03 PM To: Rybarski, Amanda Subject: so i have to go get my haircut, any ideas where we can meet
{ "pile_set_name": "Enron Emails" }
??????? <<LJUN0500.V1>> - LJUN0500.V1
{ "pile_set_name": "Enron Emails" }
This is so cute, open the TSO meeting. Debra Perlingiere Enron North America Corp. 1400 Smith Street, EB 3885 Houston, Texas 77002 [email protected] Phone 713-853-7658 Fax 713-646-3490 ----- Forwarded by Debra Perlingiere/HOU/ECT on 07/26/2000 04:28 PM ----- Dan J Hyvl 07/21/2000 09:50 AM To: Debra Perlingiere/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT cc: Subject: FUNNY OHHHH - This is sooo funny!! I think that got the characters and the meeting agenda from here at NASA. Actually I think I have been to a meeting like this!!!! HAHAHAHAHAHA!! Have a good weekend!! -Donna > <<Tso Meeting.exe>> <<Chess.gif>> > > Joshua "Ayatollah of Rock and Rolla" Heck > Technical Services and Operations > Universal Weather and Aviation > Palm e-mail - [email protected] > (713)-944-1622 ext. 3673 (Work) > (281)-788-4375 (Cell) > (800)-222-6000 (E-Voicemail) > Mailbox# 281-788-001 > > - Tso Meeting.exe - Chess.gif
{ "pile_set_name": "Enron Emails" }
Mark: One issue to keep in mind regarding membership in this exchange: if there is no clearing house and the exchange is the counterparty to all transactions, who bears the liability when a third party defaults? We certainly need to know if it is the exchange membership. If not, how is the liability limited and on whose credit would we be relying if we trade? Mark Mark Elliott 04/06/99 06:02 AM To: ECT London European Trading cc: Subject: APX - Membership Application Just to let you know that last Thursday, we submitted, in the name of Enron Capital & Trade Resources Limited, an application at very short notice to become one of the first members of the Amsterdam Power Exchange. The Exchange still has many outstanding issues to resolve re its mode of operation and I shall keep you informed of progress. The Exchange is due to go live, however, at the beginning of May 1999 but our feeling is that there are so many substantial issues remaining to be resolved that either it shall not hit this deadline or, if it does, it will be in a very chaotic state. However please note that initially it is proposed that the Exchange is simply for day-ahead physical power deals; the Exchange is the counterparty to transactions and there is no separate clearing house. It is proposed that at some future stage a financial futures' market will develop when our SFA-regulated entity will then have to become an Exchange member - but this is some way off. Kind regards Mark
{ "pile_set_name": "Enron Emails" }
Per our conversation. Jeff ----- Forwarded by Jeffrey T Hodge/HOU/ECT on 12/04/2000 11:26 AM ----- Michael Slade 11/29/2000 06:09 AM To: Jeffrey T Hodge/HOU/ECT@ECT cc: Robert Quick/LON/ECT@ECT Subject: Enron LPG Italy Jeff I recently faxed you a power of attorney for execution on behalf of Enron North America Corp. - however the meeting is now to be on 11 Dec to take place after a change in Italian law (so resolutions can be approved by notary only and don't need to go to court). As the dates have changed can you arrange for execution of this power of attorney instead - merely the dates have changed. Sorry for the inconvenience - if you need an initialled copy please let me know. Many thanks Mike
{ "pile_set_name": "Enron Emails" }
FYI ---------------------- Forwarded by Susan Flynn/HOU/ECT on 03/31/2000 07:20 AM --------------------------- Molly Harris 03/30/2000 12:50 PM To: Frank L Davis/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT cc: Debbie R Brackett/HOU/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT Subject: KN Marketing LP To all Credit will amend the EOL profile for KN Marketing LP today to open them for financial trading. Please change their EOL password to trade under the ISDA master with KN Marketing LP and remove authority to trade under KN Trading Inc. All financial and physical trades should be booked with KN Marketing LP, so please move remaining deals from KN Trading Inc. accordingly. Our Credit contacts state there should be no more deals with KN Trading Inc. Regards Molly
{ "pile_set_name": "Enron Emails" }
We need to talk about the XMAS thing this year...as well as scheduling our Perd clean-up that was postponed to 2002. Does anyone have suggestions on XMAS giving. Since last year we bought the playscape, I didn't know if we wanted to try to do something at the Perd again. It is obvious to most that the Perd is getting that runned down look and needs some tendor loving care and some updating. But where to start is the question I am asking. But does this have to do with XMAS. Please book the weekend of January 25th for the Perd Clean-Up...no kids. Ryan, I think, is the only one old enough to truely help out if he wants to. Also, be sure to bring the family big car...so we can haul off things to dispose of. We will also need to paint. At least the bathrooms downstairs. Mom, you will need to decide on what dollar amount you intend to spend this year on maintenance. And then we can decide on the rest. Besides the XMAS thing...these are the "wants and needs" of the Perd; 1) Siding replaced 2) Road to the Water bulldozed 3) Freshen Up the furniture....in the main room. New couches...or other things 4) Cement in a sports court with basketball hoop to replace the garden area Ideas for XMAS...anyone...anyone. One idea, for ease sake, would be giving each cousin a gift certificate...to say Barnes and Noble...for that child to spend as he/she would like. A denomination of $25...which would be $65.00 per family. I would be glad to buy, collect and send out. This is just an idea. Looking forward to comments and soon.
{ "pile_set_name": "Enron Emails" }
Dear All, Per today's meeting please find attached the agenda that I received from Rui Alves. -----Original Message----- From: Rui Alves [mailto:[email protected]] Sent: Monday, May 21, 2001 4:51 PM To: [email protected] Subject: Re: ABBC - Credit Derivatives Presentation - South America As per your request, please find below the agenda of the PW conference. Rui F. Alves Deutsche Bank S.A. Banco Alem?o Legal Department - Sao Paulo - Brazil tel 55-11-5189-5568 fax 55-11-5189-5287 e-mail: [email protected] ---------------------- Forwarded by Rui Alves on 21/05/2001 17:48 --------------------------- From: <[email protected]> on 18/05/2001 17:58 NST To: Rui Alves/SaoPaulo/DBSaoPaulo/DeuBa@DBSP cc: Subject: Re: ABBC - Credit Derivatives Presentation - South America Rui, A data prevista , dia 6 de junho. Atenciosamente, Linaris Rui Alves <[email protected]> on 18-05-2001 11:40:40 To: Humberto Linaris/BR/ABAS/PwC@SOACAT cc: [email protected], [email protected], Luiz Lobo <[email protected]>, Jose Rezende/BR/ABAS/PwC@SOACAT, Marcio Magalhaes/BR/ABAS/PwC@SOACAT, Luciana Medeiros/BR/ABAS/PwC@SOACAT, [email protected] Subject: Re: ABBC - Credit Derivatives Presentation - South America 1 file attached De minha parte, nada a observar. J? temos a data? Rui F. Alves Deutsche Bank S.A. Banco Alem?o Legal Department - Sao Paulo - Brazil tel 55-11-5189-5568 fax 55-11-5189-5287 e-mail: [email protected] ---------------------------------------- Message History ---------------------------------------- From: <[email protected]> on 17/05/2001 16:40 NST To: [email protected]; [email protected] cc: Rui Alves/SaoPaulo/DBSaoPaulo/DeuBa@DBSP; Luiz Lobo/SaoPaulo/DBSaoPaulo/DeuBa@DBSP; [email protected]; [email protected]; [email protected]; [email protected] Subject: Re: ABBC - Credit Derivatives Presentation - South America Srs. Luis Lisboa e Am,rico Csengeri, Estou encaminhando uma minuta da agenda para nossa discuss?o dos assuntos que seriam discutidos no semin?rio em conjunto da ABBC e ABBI sobre Derivativos de Cr,dito. S?o dois palestrantes da Price, um com especializa??o na ?rea legal e outro na ?rea de riscos e processos. O sr Jonathan Davies me adiantou que esta agenda pode ser facilmente ajustada para atender .s necessidades dos participantes, bem como incluir outros palestrantes como CA2R, Banco Central do Brasil, Deutsche Bank e Bank of America. Para maiores detalhes favor me contatar. Atenciosamente, Humberto Linaris Gerente PricewaterhouseCoopers Financial Risk Management Tel - (0XX11) - 3674-3579 (See attached file: flyer5.doc) c/c: Luiz Henrique Lobo Paulo Candido Rui Fernando Ramos Alves Jos, Rezende Marcio de Magalh?es Luciana Medeiros ---------------------------------------------------------------- The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this in error, please contact the sender and delete the material from any computer. (See attached file: flyer5.doc) -- This e-mail may contain confidential and/or privileged information. If you are not the intended recipient (or have received this e-mail in error) please notify the sender immediately and destroy this e-mail. Any unauthorised copying, disclosure or distribution of the material in this e-mail is strictly forbidden. (See attached file: flyer5.doc) ---------------------------------------------------------------- The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this in error, please contact the sender and delete the material from any computer. (See attached file: flyer5.doc) -- This e-mail may contain confidential and/or privileged information. If you are not the intended recipient (or have received this e-mail in error) please notify the sender immediately and destroy this e-mail. Any unauthorised copying, disclosure or distribution of the material in this e-mail is strictly forbidden. - flyer5.doc
{ "pile_set_name": "Enron Emails" }
----- Forwarded by Richard B Sanders/HOU/ECT on 10/25/2000 10:08 AM ----- Richard B Sanders 10/24/2000 05:34 PM To: Jeff Dasovich/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Mark E Haedicke/HOU/ECT@ECT, Kazeem Khan/LON/ECT@ECT, Tim Belden/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT cc: Subject: Some thoughts on options ----- Forwarded by Richard B Sanders/HOU/ECT on 10/24/2000 05:24 PM ----- "Fergus, Gary S." <[email protected]> 10/24/2000 04:45 PM To: "Richard B. Sanders Esq. (E-mail)" <[email protected]> cc: "Meringolo, Peter" <[email protected]> Subject: Some thoughts on options PRIVILEGED AND CONFIDENTIAL ATTORNEY CLIENT PRIVILEGE Richard, After today's discussion here are our brainstorming ideas on options: 1. WAIT FOR A BETTER PROTECTIVE ORDER Ask Harvey Morris where they are on fixing the protective order that is being litigated by others. If the protective order has not changed, then unilaterally postpone production until it is. Pro: Better protection and more time; Con: Even with a more stringent protective order Enron still questions whether the PUC is entitled to financial performance data. Thus, this option does not fully disclose all of Enron's positions and the company may be accused later of simply engaging in delaying tactics. Under this option we file our formal objections as well. 2. TURN OVER THE TRANSACTION DATA AS IS Continue on our present course of turning over transaction data for electricity that was delivered. Pro: PUC will get the data anyway either through FERC, unfair competition, antitrust or price gouging litigation. By turning over the data that will show profits, PUC might slow down investigation there as opposed to interrupting the business by seeking to depose witnesses etc. Con: This would be waiving the legitimate question that Enron has as to the PUC's ability to discovery this information through a subpoena. There is also a question of how confidential this data would be given the current political agenda. It might also serve to whet the appetite of the PUC for more Enron information and discovery. This option would also provide confidential proprietary information to the PUC about how Enron gets its competitive advantage. 3. TURN OVER DATA FOR OUTSIDE OF CALIFORNIA AND LET PUC GET REST OF DATA FROM ISO AND PX. We have told the PUC we do not want to duplicate the efforts of ISO and PX so the way to relieve the burden on us is to give only missing data. PRO: It would be easier and quicker to just give the outside of California data and would sidestep for the moment the ongoing jurisdictional question. Con: Without Enron cost data for the California ISO and PX transactions, the PUC would not be able to arrive at what they want -- a profit and loss picture. We would have a hard time representing to the PUC that the combination of the PUC data and the Enron data would be all that they need to calculate the answers to Request Nos. 7-10. 4. TURN OVER EVERYTHING BUT PRICE This option would simple omit the price data. Pro: It would not reveal the profit and loss information. Con: It would not reveal the profit and loss information. In other words, the PUC is clear that this is what they are after. By giving them everything else, we would in effect be telling them we will not turn over profit and loss. Moreover, by piecing some of it together with the ISO and PX data, the PUC might be able to put together a revenue picture which will be quite large, but just not the cost or expense side. 5. DECLINE TO PRODUCE THE DATA We would tell Harvey Morris that Enron has reconsidered its position for the following reasons: (1) Our firm belief that the PUC is not entitled to the profit and loss data they are seeking; (2) in his latest email, Harvey has made it clear that the PUC wants more data (1999) than we discussed earlier; (3) continued threat that if they do not like the transaction data they will come back and ask for profit and loss information that we do not believe they are entitled to; (4) Commissioner Wood's statement that the purpose of this investigation is to get money from market participants in the hands of consumers; (5) investigation by the AG into activities of other market participants and the notice that other governmental agencies are cooperating -- who are we producing this information to and for what purpose; (6) Enron favors public disclosure of trading data but only if all participants are required to do so; (7) Enron is a small player in this market and many other market participants are not involved in the process BPA etc. PRO: This may be the only way to preserve Enron's challenge to the jurisdiction of the PUC to get this data. Moreover, in the current political environment there is no assurance where this information will be leaked. It also makes sense to see what FERC will do with their published 11/1/00 report on investigation date. Under this option, we file our formal objections and sit back and wait. 6. ME TOO Upon reflection, we agree with the approach taken by the other market participants. We will not produce until the protective order is modified and then only data that is within the PUC jurisdiction. PRO: This makes it look like all the market participants are acting in concert and really is no different than option 1 above. Moreover, if you read Reliant's responses, they appear ready to turn over financial data if the protective order is modified. (Terry and Mike Day are both out of their offices today.) Note that Williams is adopting a strategy that says the PUC needs to go to Superior Court to enforce its subpoena. This may be met with strong opposition by the PUC given their California constitutional contempt authority. 7. MOVE TO QUASH BEFORE THE ALJ Here we would raise all of the arguments that we have about why the PUC does not have jurisdiction and fight it out on the merits before the ALJ. PRO: The ALJ is a forum to raise the jurisdictional questions. It has the least procedural risks of being dismissed. CON: Reading the tea leaves, we believe it unlikely that the ALJ will determine that the PUC has no jurisdiction. Moreover, because the PUC has its own constitutionally granted contempt power, the PUC will take the view (according to Mike Day) that they need not go to the Superior Court for enforcement. They will also take the view that the Superior Court has no jurisdiction to hear our appeal. Appeals have to go to the PUC and those orders are appealable at the Court of Appeal level. Thus, the only de novo review of our objections might be at the ALJ level. 8. FILE DECLARATORY RELIEF ACTION IN FEDERAL COURT IN CALIFORNIA We would claim federal question jurisdiction under the Federal Power Act and in particular the provisions of 824(g) under which the PUC issued its subpoena in part. The dispute to be decided is whether the PUC has the jurisdiction to seek the profit and loss information from the wholesale market. The authority for this would be Mississippi Power & Light v. Mississippi 487 US 354 (bright line between wholesale market regulated by FERC and the retail market regulated by states); Bristol Energy Corp v. New Hampshire 13 F.3d 471 (1st Cir. 1994)(federal question whether state agency can inquire into business and financial data in the wholesale market but found no cognizable claim.) PRO: The federal forum may be more even handed than the ALJ, but the question is whether we can state a cognizable claim. There may be greater protections from disclosure of the information as well. CON: The PUC may continue on a parallel track unless we are able to obtain injunctive relief. The PUC might seek discovery of the same information in the Federal court proceeding. We should assume that this action will trigger the strongest response from the PUC and/or the AG in form of further investigations or alternative forums for getting the same information (e.g unfair business practice suit, price gouging, anti-trust etc.). We should anticipate deposition requests for traders etc. By taking this position, we will clearly be conceding that if FERC asks for the data it is germane to their authority. 9. SEPARATE RESPONSES/STRATEGIES FOR DIFFERENT ENRON ENTITIES It may make some sense to chart a different course for Portland General, EES and EEMC and continue to produce some data from those entities. PRO: The information provided for these entities is not likely to generate profit and loss information that would be germane to the fight we are about to engage in (e.g. EES's description of % off tariff rates for example.) For Portland General, Dave Aamodt is out of the office and not able to participate in any change of direction discussions. Hope this is helpful. Thanks Gary ======================================================= This email message is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. To reply to our email administrator directly, send an email to [email protected] BROBECK PHLEGER & HARRISON LLP http://www.brobeck.com
{ "pile_set_name": "Enron Emails" }
----- Forwarded by Steven J Kean/NA/Enron on 02/28/2001 02:05 PM ----- James D Steffes 02/27/2001 05:25 PM To: Richard Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, John Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeff Dasovich/NA/Enron@Enron, Sandra McCubbin/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON cc: Subject: Enron Wind - NEXT STEPS Michael Tribolet held a conference call this evening to discuss Enron Wind's legal obligations given SCE's non-payment. In general, given the legal structure of Enron Wind, some action may be required from a partnership perspective. The key next step is action on SB47 - Interim Short-Term Avoided Cost Methodology. Enron Wind is unlikely to take any action if real progress is made by this Friday. If not, a different action plan will occur. This may change if other renewable QFs sue (for instance FP&L - who has retained counsel but don't want to be the first to take action). They will begin to draft some pleadings to prepare for legal action (in case this is necessary). Michael Tribolet is on point to hear if EWC takes any action and we should be apprised before they move. Jim
{ "pile_set_name": "Enron Emails" }
Dear Mr. Junek- Per Scott Goodell's advice, I am officially informing you that the CES offshore firm contract is now on your book. Scott thinks that it is volumetric, so there should be no impact on you. The wellhead desk will take this over as soon as their pools are set up on Col. Gulf. Sincerely yours, Susan (aka "the bitch")
{ "pile_set_name": "Enron Emails" }
THANK YOU MATT! I LOVE THE CARD AND HAD LOTS OF FUN WITH IT! Grandma
{ "pile_set_name": "Enron Emails" }
We are considering several online trading platforms for trading investment grade, high yield and convertible corporate bonds. The sites we are considering are as follows: Market Axess & LIMITrader - I will send you documents for these sites today. Buy Side Direct, for which documents are being reviewed by your group. Trading Edge / Bond Link - The review of documents for this site was originally handled by George Weber, who has since forwarded these agreements to Carmen Ayala. Thanks for your assistance in reviewing these documents. Please let me know if I can provide additional information during your review. Mike x39990 From: Sara Shackleton@ECT on 08/08/2000 01:23 PM To: Mike Fowler/Corp/Enron@ENRON cc: Subject: Re: Trading Platform Agreements Yes. Sara P.S. Can you call me and let me know what products you are looking to trade online. Mike Fowler@ENRON 08/08/2000 12:43 PM To: Sara Shackleton/HOU/ECT@ECT cc: Subject: Trading Platform Agreements In addition to the Buy Side Direct agreement noted below, I am looking at several other online trading sites for corporate bonds. For assistance in reviewing related agreements, should I work with you ? Thanks. Mike x39990 ---------------------- Forwarded by Mike Fowler/Corp/Enron on 08/08/2000 11:12 AM --------------------------- Mike Fowler 08/07/2000 08:46 AM To: Sara Shackleton/HOU/ECT@ECT cc: Subject: Intelligent Markets / Buy Side Direct I recently joined Jeff Kinneman's group and have been asked to participate in the evaluation of various internet trading platforms. Is your area reviewing agreements / legal issues related to the Buy Side Direct site or its parent Intelligent Markets ? Could I get an update on the status of this review and any outstanding issues ? Thanks. Mike x39990
{ "pile_set_name": "Enron Emails" }
I am in an arbitration all week. Can you get together with the appropriate person(s) at PGE to find out about the hiring of Richard Carroll and report back?
{ "pile_set_name": "Enron Emails" }
-----Original Message----- From: "DARRAH, SHAWN" <[email protected]>@ENRON [mailto:IMCEANOTES-+22DARRAH+2C+20SHAWN+22+20+3Csdarrah+40entergy+2Ecom+3E+40ENRON@ENRON.com] Sent: Tuesday, May 29, 2001 3:52 PM To: Alex Schott (E-mail); Brandon Cambre (E-mail); Landry, Chad; Lenhart, Matthew; Mitch Marcantel (E-mail); Nickie Danna (E-mail); Ryan Casey (E-mail); Blanchard, Timothy; Tim Dietz (E-mail); Val Generes (E-mail) Subject: FW: Slots...Looser Than Your Girlfriend!!! 26862 I don't usually send things out to all, but I really did get this email and cracked up when I read the subject line. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Tuesday, May 29, 2001 1:51 PM To: [email protected] Cc: [email protected]; [email protected]; [email protected]; [email protected]; QUICK, ANDREW E; [email protected]; DARRAH, SHAWN; [email protected] Subject: Slots...Looser Than Your Girlfriend!!! 26862 We've already paid out over a cool MILLION DOLLARS to WINNERS just like YOU. Enter the Finest, Highest Paying Casino Online $25,000 WINNERS are cashing in at our casino DAILY! Grab YOUR share of this wealth pool and open an account now. We'll bring the finest, most secure, highest paying casino on the Net right to your desktop. We deliver the best games, like REAL LAS VEGAS STYLE BLACKJACK plus Caribbean Stud, Draw Poker and LOTS of the loosest Slot Machines you'll ever find. You're just a click away from High Paying Winning Action. FREE $10 SIGN UP for EVERY new player! <http://seven.buddybistro.com/> CLICK HERE To Enter The Casino and Win Big Now!!! 3D JAVA & Multi-Player Play the best online Casino in the world right now. NO DOWNLOADS necessary. INSTANT ACCESS High quality, totally secure and private CASINO FUN, right on your computer in the comfort and privacy of home. PLAY WITH A PROVEN GAMING ORGANIZATION. Your privacy is taken very seriously and is assured. WIN BIG at our Virtual Tables and Cash Out Instantly! To be removed please reply with REMOVE in the subject line.
{ "pile_set_name": "Enron Emails" }
--------- Inline attachment follows --------- From:  Date: 49 EAS [H2NF32-4] RFITZMEYER;;;????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? Subject:
{ "pile_set_name": "Enron Emails" }
re: window unit check with gary about what kind he wants to install
{ "pile_set_name": "Enron Emails" }