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The approval process initiated in 1998 for all meeting and event expenditures
in excess of $5,000 has enabled ENA to better assess the business value of
events, accurately track our activities and save money. These events include
customer and employee meetings, and trade shows.
ENA has made some modifications to the process, which are described in this
memo.
The $5,000 threshold remains in effect for all customer events. However, the
threshold for approval for employee meetings and events has been lowered to
$2,000, and some additional requirements must be met prior to approval.
Please be sure to follow the procedures described below for all meetings and
events, so we can continue to successfully manage these events.
1) Prior to making any commitments to customers or vendors, all customer
events with anticipated costs in excess of $5,000, and all employee events
with anticipated costs in excess of $2,000 must be reviewed by the ENA Public
Relations (PR) department and approved by the ENA Office of the Chairman
2) The PR department will handle the site search and hotel contract
negotiations for all such events. Once this is completed, the PR department
will work with you to plan and produce your event in its entirety; or they
can provide as much or as little assistance as you require. The PR department
will be responsible for helping you achieve the best value for your program
and ENA.
3) A completed expenditure request form (see attached) and supporting
documentation is required for each event. Employee meetings require a
detailed agenda as part of the event documentation prior to approval. Please
submit the completed expenditure request form and documentation to the PR
department at EB 3642, or work with PR department employees to complete the
form.
4) After PR review, the expenditure will be submitted to the ENA Office of
the Chairman for final approval.
Additionally, the PR department can assist in the procurement of tickets for
various local sporting events and concerts.
If you have any questions regarding this process, would like assistance
planning an event, or need tickets for a Houston event, please contact Dorie
Hitchcock in the PR department at (713) 853-6978.
Thank you for your cooperation.
|
{
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}
|
I agree with the delegation except for Chris Dorland. Tim Belden needs to determine who validates the West Power curves. With respect to vol curves, Steve Wang and Rob Stalford need to validate.
What time period are we validating?
-----Original Message-----
From: McMichael Jr., Ed
Sent: Thu 1/31/2002 7:42 PM
To: Racicot, Paul
Cc: Presto, Kevin M.; Dorland, Chris; Gilbert-smith, Doug; Davis, Mark Dana; Sturm, Fletcher J.
Subject: Power curves validation
FYI - I spoke with Kevin today and he volunteered the following individuals to help you curve validation.
Chris Dorland - West
Doug Gilbert-Smith - ERCOT
Dana Davis - NE
Fletch Sturm - MW/SE
Ed
|
{
"pile_set_name": "Enron Emails"
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|
I will have that to you by the end of the afternoon. I have set aside my afternoon to complete the timeline and resource needs, rewrite the presentation to originators, recap our Monday morning meeting on commercialization efforts for this week, work on my game plan for EES and get with Bob Hall to do an update for Brian Redmond on the HPL sale before his Tueday meeting with Louise. I will share these items with you as I get them checked off my list this afternoon. --Sally
From: Greg Piper/ENRON@enronXgate on 04/23/2001 01:28 PM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: RE: Update on Confirm Logic
How are we coming on your operations workload and goals for Q2?
GP
-----Original Message-----
From: Beck, Sally
Sent: Monday, April 23, 2001 10:47 AM
To: Piper, Greg
Subject: Update on Confirm Logic
Latest update - FYI
---------------------- Forwarded by Sally Beck/HOU/ECT on 04/23/2001 10:45 AM ---------------------------
Kim S Theriot 04/23/2001 10:02 AM
To: Sally Beck/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT
cc:
Subject: Update on Confirm Logic
So far, we have not done any further testing on ConfirmLogic since early last week when we encountered the problems with the volume and price displays. Kathryn called me late on Friday and said that they would let us know when we can resume testing. We have not heard from them this morning.
Their demo last Thursday for the Beta Clients went well. The customers that participated in the demo were Reliant, Dynegy, Calpine, and Sempra (Sempra participated via Video Conference from Enron's New York Office.) Dynegy immediately said that they were very interested and I heard that Reliant called back and expressed their interest as well.
I will keep you posted on any further developments.
Kim Theriot
<Embedded Picture (Device Independent Bitmap)>
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{
"pile_set_name": "Enron Emails"
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|
People who haven't paid their bills -- Enron not named.
Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 05/04/2001 04:06 PM -----
"Woertz, Byron" <[email protected]>
05/04/2001 02:24 PM
To: ISO Market Participants
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI
[email protected]>, SC Settlements Contacts
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=SCSETTLECONTACTS@cai
so.com>
cc:
Subject: CAISO Notice - Final Settlement for January, 2001
ISO Market Participants
SC Settlement Contacts
Attached is a report of the final settlement for Trade Month
January, 2001.
<<Market Summary Jan 2001.doc>>
Byron B. Woertz, Jr.
Director, Client Relations
(916) 608-7066
(800) 481-7037 - Pager
- Market Summary Jan 2001.doc
|
{
"pile_set_name": "Enron Emails"
}
|
---------------------- Forwarded by Angie Zeman/Corp/Enron on 04/25/2000
03:15 PM ---------------------------
[email protected] on 04/25/2000 01:14:10 PM
To: " - *[email protected]" <[email protected]>
cc: " - *[email protected]" <[email protected]>, " - *Kinney,
Doug" <[email protected]>, " - *Porter, Jeffrey"
<[email protected]>
Subject: May offer #
Hi Angie,
I usually just pass this email along, let me know if you don't know what to do
with it. Thanks!
---------------------- Forwarded by Heidi Boyd/CES/ColumbiaGas on 04/25/2000
02:12 PM ---------------------------
[email protected] on 04/25/2000 02:11:19 PM
Please respond to [email protected]
To: Heidi Boyd/CES/ColumbiaGas@COLUMBIAGAS
cc:
Subject: May offer #
You have 4 days to execute CNG offer # 013580.
|
{
"pile_set_name": "Enron Emails"
}
|
Attached is the revised document.
|
{
"pile_set_name": "Enron Emails"
}
|
Hello Mandy, How are you doing? Are you still collecting Lucites?
|
{
"pile_set_name": "Enron Emails"
}
|
---------------------- Forwarded by Steven J Kean/NA/Enron on 04/11/2001
07:21 AM ---------------------------
From: Michael Tribolet/ENRON@enronXgate on 04/11/2001 07:11 AM
To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Rick
Buy/ENRON@enronXgate, William S Bradford/ENRON@enronXgate, Richard
Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Karen
Denne/Corp/Enron@ENRON, Lisa Mellencamp/HOU/ECT@ECT, Vicki Sharp/HOU/EES@EES,
Travis McCullough/HOU/ECT@ECT
cc: [email protected]@SMTP@enronXgate, [email protected]@SMTP@enronXgate,
[email protected]@SMTP@enronXgate, [email protected]@SMTP@enronXgate
Subject: Composition of unsecured creditors committee
Please see appointment list attached below:
KES Kingsburg L.P. (QF?)
City of Palo Alto (pension holdings?)
Enron Corp & Affiliates
State of Tennessee (pension holdings?)
Dynegy Power Marketing, Inc.
The Davey Tree Co. (vendor)
GWF Power Systems (QF)
U.S. Bank (Trustee on PCB's)
Merrill Lynch (CP holder?)
The Bank of New York (Bond Trustee)
Bank of America (Agent on revolver)
-----Original Message-----
From: "Johnson, Stephen" <[email protected]>@ENRON
[mailto:IMCEANOTES-+22Johnson+2C+20Stephen+22+20+3CStephen+2EJohnson2+40usdoj+
[email protected]]
Sent: Tuesday, April 10, 2001 7:52 PM
To: Johnson, Stephen; '[email protected]';
'[email protected]'; Tribolet, Michael;
'[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]';
'[email protected]'
Subject: RE:
I'm pretty sure the form was left off....
-----Original Message-----
From: Johnson, Stephen
Sent: Tuesday, April 10, 2001 5:49 PM
To: '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'
Subject:
Stephen L. Johnson
Attorney
United States Department of Justice
Office of the U.S. Trustee
250 Montgomery Street, Suite 1000
San Francisco, CA 94104
415-705-3333 tel.
415-705-3379 fax
[email protected]
- Appointment of Committee.pdf
|
{
"pile_set_name": "Enron Emails"
}
|
FYI
---------------------- Forwarded by William S Bradford/HOU/ECT on 02/09/2000
07:31 AM ---------------------------
Michael R Brown
02/09/2000 03:23 AM
To: Ted Murphy/HOU/ECT@ECT
cc: Steve W Young/LON/ECT@ECT, Fernley Dyson/LON/ECT@ECT, William S
Bradford/HOU/ECT@ECT, John Sherriff/LON/ECT@ECT, Vince J
Kaminski/HOU/ECT@ECT, Rick Buy/HOU/ECT@ECT
Subject: Re: Credit Trading brought to you by Bryan Seyfried
I am happy that the legal issues have been addressed and discussed with Bryan
and John and I will sign off on the approval .
Michael
From: Ted Murphy 08/02/2000 22:16
To: Steve W Young/LON/ECT@ECT, Fernley Dyson/LON/ECT@ECT, Michael R
Brown/LON/ECT@ECT, William S Bradford/HOU/ECT@ECT, John Sherriff/LON/ECT@ECT,
Vince J Kaminski/HOU/ECT@ECT
cc: Rick Buy
Subject: Credit Trading brought to you by Bryan Seyfried
My understanding is that Bryan will be in Houston to present his strategy
regarding credit trading for approval under an interim trading policy -
signed off by Jeff and Rick. Before making any recommendation to Jeff, Rick
wants to be sure that the people on the list above are comfortable with the
activity and will be willing to signoff on the approval. Given that Bryan
will be physically here, I am requesting that you E-mail your concurrence to
me no later than tommorrow. Otherwise RAC will not present to Jeff for
approval.
Thank you for your help in puttting this together and making it a success!
Ted
|
{
"pile_set_name": "Enron Emails"
}
|
David,
I am sending you the questions submitted by Petronas for our meeting on
Feb 8.
Are you going to invite additional RAC people to the meeting (Bill Bradford
would be helpful with credit questions, Bjorn may be interested as well).
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/23/2001
09:43 AM ---------------------------
[email protected] on 01/22/2001 09:34:16 PM
Please respond to [email protected]
To: [email protected]
cc: [email protected]
Subject: Benchmarking questionnaires
Vince,
Attached are two sets of benchmarking questionnaires for your kind perusal.
Regards,
Khairuddin
(See attached file: q_bench_rms.doc)(See attached file: Feb 5-17,2001.doc)
DISCLAIMER : This e-mail and any files transmitted with it ("Message")
is intended only for the use of the recipient(s) named above and may
contain confidential information. You are hereby notified that the
taking of any action in reliance upon, or any review, retransmission,
dissemination, distribution, printing or copying of this Message or any
part thereof by anyone other than the intended recipient(s) is strictly
prohibited. If you have received this Message in error, you should
delete this Message immediately and advise the sender by return e-mail.
Opinions, conclusions and other information in this Message that do not
relate to the official business of PETRONAS or its Group of Companies
shall be understood as neither given nor endorsed by PETRONAS or any of
the companies within the Group.
(Embedded image moved to file: pic24962.pcx)
- q_bench_rms.doc
- Feb 5-17,2001.doc
- pic24962.pcx
|
{
"pile_set_name": "Enron Emails"
}
|
Kay, what did we decide to do about making above referenced docs exhibits??
They currently are not referenced.
Reagan C. Rorschach
Enron North America
1400 Smith Street
Houston, Texas 77002
713.345.3363
|
{
"pile_set_name": "Enron Emails"
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|
Suzanne:
Please set up a 1 hour meeting with Ken Curry after today to discuss Inland
credit issues. Jack Falconi wants me to send him an issues list before we
set up a meeting with him.
Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
[email protected]
|
{
"pile_set_name": "Enron Emails"
}
|
This has been sent down to Phillippe Bibi for signature. I have not received
the signed copy back from Phillippe yet.
Corinna Bolender/ENRON@enronXgate
06/06/2001 10:18 AM
To: Mark Greenberg/NA/Enron@ENRON, Tana Jones/HOU/ECT@ECT
cc: SQL_MAIL/ENRON@enronXgate, Bob Ward/ENRON@enronXgate, John
Opalko/ENRON@enronXgate
Subject: RE: REVISED: SQL 2000 SP1 JDP MOU
Has this been signed and sent to Microsoft?
-----Original Message-----
From: Greenberg, Mark
Sent: Tuesday, June 05, 2001 9:22 AM
To: Bolender, Corinna
Cc: Jones, Tana
Subject: Re: FW: REVISED: SQL 2000 SP1 JDP MOU
Corinna -
I have looked at the attached. It is fine. I will be printing two originals
for Net Works' signature. I'll have them sent down for signature so that
they can then be sent to Microsoft.
Mark
Senior Counsel, EWS
Phone: 713-345-8897
Facsimile: 713-646-3490
E-Mail: [email protected]
Corinna Bolender/ENRON@enronXgate 05/31/2001 05:26 PM To: Mark
Greenberg/NA/Enron@ENRON cc: Charles Brewer/ENRON@enronXgate, John
Opalko/ENRON@enronXgate, Jim Ogg/ENRON@enronXgate, Bob Ward/ENRON@enronXgate,
[email protected]@SMTP@enronXgate, [email protected]@SMTP@enronXgate,
[email protected]@SMTP@enronXgate Subject: FW: REVISED: SQL 2000 SP1
JDP MOU
Mark,
Can you please review the changes made by Susan Chang at Microsoft to the SQL
2000 SP1 JDP MOU for our Unify application. Bob Ward is out of the office
until June 4th, and this application is going into production on June 11th.
We need to ensure the MOU is finalized and signed prior to going into
production so that we can receive the appropriate support from Microsoft when
we go live.
If you need to contact Susan her telephone number is 425-703-6394. Her email
is [email protected].
Thanks for your immediate attention to this matter,
Corinna Bolender
Desk: 713-345-4388
Cell: 512-632-4285
-----Original Message-----
From: "James Morris" <[email protected]>@ENRON
[mailto:IMCEANOTES-+22James+20Morris+22+20+3Cjammo+40microsoft+2Ecom+3E+40ENRO
[email protected]]
Sent: Thursday, May 31, 2001 5:13 PM
To: Corinna Bolender; Bolender, Corinna; Ward, Bob
Subject: FW: REVISED: SQL 2000 SP1 JDP MOU
Bob and Corinna,
Here are the versions of the MOU your lawyer will need to review. As
expected, some of the items just did not make the bar to warrant a
change. Specifically:
an actual date for the released product will not go on the MOU.
Customers who particpate in the JDP have a high degree of touch and
disclosure with MS. Although we are glad to discuss dates and they draw
near with the customer we do not promise anything from the beginning
(though this hardly matters now considering the date).
The line in #4 that was cut and pasted to #17 has been placed back in
#4. This is due to the placement of the topic in #4. The rest of #17,
specifically stating that there is NO COST TO THE CUSTOMER has been left
in on #17, and I'll probably incorporate this for future use. It is a
good addition.
#10 on Microsoft's section has been removed. It is clearly rednundant
and not necessary. We already say there is absolutely no cost to the
customer.
If this is agreeable (I have included the red lined version, so your
lawyers can review), the final version with those changes have also been
included. Please print, sign and return.
Thanks!
JamMo!
-----Original Message-----
From: Susan Chang (LCA)
Sent: Thursday, May 31, 2001 3:06 PM
To: James Morris
Cc: Susan Chang (LCA)
Subject: REVISED: SQL 2000 SP1 JDP MOU
James - per our phone call this afternoon, I've revised the MOU.
Attached is the redlined version as well as the final doc. Please let
me know if you have any questions.
Susan
-----Original Message-----
From: James Morris
Sent: Monday, May 14, 2001 3:35 PM
To: Susan Chang (LCA)
Subject: FW: SQL 2000 SP1 JDP MOU
Susan,
I would like to permanently modify our MOU to the following for our
Joint Development Programs. It is redlined, so you can review the exact
changes. This is actually from the customer, but I like what they
changed and added, I just want to be certain that it's not going to come
back and bite me later. Roughly 4 or 5 sentenced.
Thanks for you help!
-----Original Message-----
From: Ward, Bob [mailto:[email protected]]
Sent: Tuesday, May 08, 2001 8:49 AM
To: James Morris
Cc: Bolender, Corinna; Ogg, Jim
Subject: SQL 2000 SP1 JDP MOU
Hi, James. I've attached a copy of the MOU which contains some minor
changes suggested by one of our attorneys. Let me know what you think.
Thank you.
<<JDP MOU 02-02-2001(microsoft- enroncomment5-1-01).doc>>
Bob Ward
Manager, IT - Development
ext. 54409
- JDP MOU 02-02-2001(microsoft- enroncomment5-1-01).doc << File: JDP MOU
02-02-2001(microsoft- enroncomment5-1-01).doc >>
- SQL 2000 SP1 JDP MOU.doc << File: SQL 2000 SP1 JDP MOU.doc >>
|
{
"pile_set_name": "Enron Emails"
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|
Sounds good to me.
"Campbell, Carolyn" <[email protected]> on 04/11/2001 03:16:31 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: Do we have a call in #?
Kay:
Since it's a small group, we decided not to use a call-in number. Greg will
call me and I'll patch you in.
Carolyn M. Campbell
King;& Spalding
713-276-7307 (phone)
713-751-3280 (fax)
[email protected] <mailto:[email protected]>
;
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, April 11, 2001 3:17 PM
To: [email protected]
Subject: Do we have a call in #?
Thanks, Kay
Confidentiality Notice
This message is being sent by or on behalf of a lawyer. It is intended
exclusively for the individual or entity to which it is addressed. This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure. If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it. If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.
|
{
"pile_set_name": "Enron Emails"
}
|
Please review the attached file. The books listed for each trader are marked
for removal from the portfolio. If you are currently using one of these
books or will be using it in the future please highlight the book id in
YELLOW. If the book is no longer used please highlight the book id in BLUE.
When you have finished please return the file to me.
Thanks for your help,
Robin
|
{
"pile_set_name": "Enron Emails"
}
|
i guess. i don't want you to starve.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, October 24, 2001 4:50 PM
To: [email protected]
Subject: RE:
so are we still on for dinner or what?
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Wednesday, October 24, 2001 2:57 PM
To: Lenhart, Matthew
Subject: RE:
but you owe me a brand new bmw.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, October 24, 2001 2:54 PM
To: [email protected]
Subject: RE:
b/c i want you to understand when i am out of money, but if you owe me
dinner and are out of money i cant understand.
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Wednesday, October 24, 2001 2:50 PM
To: Lenhart, Matthew
Subject: RE:
how is there a double standard?
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, October 24, 2001 2:45 PM
To: [email protected]
Subject: RE:
there is a double standard here so i can't understand
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Wednesday, October 24, 2001 2:40 PM
To: Lenhart, Matthew
Subject: RE:
i do understand your situation, but you should understand mine
too.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, October 24, 2001 2:34 PM
To: [email protected]
Subject: RE:
probably not. i think you should understand my situation.
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Wednesday, October 24, 2001 2:26 PM
To: Lenhart, Matthew
Subject: RE:
how convenient. actually, i don't really have any money
either,
maybe
we
should just call it even. what do you think?
-----Original Message-----
From: [email protected]
[mailto:[email protected]]
Sent: Wednesday, October 24, 2001 2:16 PM
To: [email protected]
Subject: RE:
yeah. i had it picked out and everything. i had to call the
dealer
and
tell him i am not going to suprise you with it. we can still
go
to
dinner
tomorrow night though.
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Wednesday, October 24, 2001 1:33 PM
To: Lenhart, Matthew
Subject: RE:
that's too bad. so, does that mean i'm not getting my bmw
from
you
anymore?
-----Original Message-----
From: [email protected]
[mailto:[email protected]]
Sent: Wednesday, October 24, 2001 12:33 PM
To: [email protected]
Subject: RE:
our stock is taking a bath.
-----Original Message-----
From: Erin Richardson <[email protected]>@ENRON
Sent: Wednesday, October 24, 2001 12:20 PM
To: Lenhart, Matthew
Subject: RE:
i was just about to email you. why is it worthless?
-----Original Message-----
From: [email protected]
[mailto:[email protected]]
Sent: Wednesday, October 24, 2001 12:14 PM
To: [email protected]
Subject: RE:
my 401k is now worthless. i have no money.
-----Original Message-----
From: Erin Richardson <[email protected]>
@ENRON
Sent: Thursday, October 18, 2001 2:28 PM
To: Lenhart, Matthew
Subject: RE:
how was portland
-----Original Message-----
From: [email protected]
[mailto:[email protected]]
Sent: Thursday, October 18, 2001 12:49 PM
To: [email protected]
Subject: RE:
great. good to hear. i got back last night.
-----Original Message-----
From: Erin Richardson <[email protected]>
@ENRON
Sent: Thursday, October 18, 2001 12:15 PM
To: Lenhart, Matthew
Subject: RE:
yeah, it was horrible, i didn't think i was going
to
be
able
to
make
it.
when did you get back.
-----Original Message-----
From: Lenhart, Matthew
[mailto:[email protected]]
Sent: Thursday, October 18, 2001 11:54 AM
To: [email protected]
Subject:
did you miss me while i was gone?
**********************************************************************
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"
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|
Janine -
I have speaking with the FX desk about the status o the roll-out of the
Currency Exchange products on EnronOnline, and apparently they are a little
frustrated; they continue to reiterate that what they are trying to
accomplish Online is the same kind of transactions that they currently do
over the phone.
That being the case, I asked for an example of a Confirmation of such a
transaction. Attached please find a confirmation between RMT and ETRIC dated
July 10, 2000. Laurel Adams of the FX documentation unit explains that Trena
McFarland, a trader in the UK, regularly does non-proprietary FX transactions
on the behalf of RMT. Laurel has been assured that this is appropriate, but
we a re unable to locate any clear 'policy' or 'instruction' in this regard.
So, we either have a situation where this issue is being handled
inappropriately on the FX desk and needs to be corrected for their OTC
transactions as well as EOL, or there's some loophole or other piece of
information that is missing from the equation we are trying to solve for.
I think it goes without saying that, whatever the case, we at EOL will follow
the lead given by our Tax and Legal Departments - and I would hope that we
will find a quick, AND FINAL, resolution.
Dale
---------------------- Forwarded by Dale Neuner/HOU/ECT on 10/25/2000 06:39
AM ---------------------------
Laurel Adams
10/24/2000 05:58 PM
To: Dale Neuner/HOU/ECT@ECT
cc:
Subject: Re: How about that Oslo Confirm?
My short term memory is shot....
|
{
"pile_set_name": "Enron Emails"
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|
It's not looking good to come visit you this summer. Deb is moving into her
new house sometime during th end of July and then she promised to take her
nieces and nephews on vacation sometime this summer. I think we are going to
try for next spring or summer to come visit you if the offer is still open..
Sorry- I'm sure you are disappointed. However, if something changes, we will
let you know.
|
{
"pile_set_name": "Enron Emails"
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|
sounds great. Let's meet on Monday
Monika
-----Original Message-----
From: Allan, David
Sent: Friday, September 28, 2001 3:54 PM
To: Causholli, Monika
Cc: Carter, Karen E.
Subject: fiber morphology study
Monika, I found the Jacobs-Sirrine proposal on the fiber study; you can get a copy from me.
They included a matrix on which they would display various fiber characteristics, which I'm attaching. << File: Fiber Morphology.xls >> Cecil and I went over it and he suggested some changed, which are incorporated here. The only one he wants to add that isn't reflected here---but which we need to tell them---is that we want to know why each quality parameter (the column headings) is important to each major end-use (paper grade) application.
Let's go over this Monday morning.
Dave
|
{
"pile_set_name": "Enron Emails"
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k
-----Original Message-----
From: Maggi, Mike
Sent: Tuesday, February 05, 2002 3:11 PM
To: Nelson, Michelle
Subject: RE:
i do miss it, we will talk tomorrow,
-----Original Message-----
From: Nelson, Michelle
Sent: Tuesday, February 05, 2002 2:50 PM
To: Maggi, Mike
Subject: RE:
am i going to get an explanation of your lovely behavior lately? i miss messing with you. do you miss it?
-----Original Message-----
From: Maggi, Mike
Sent: Tuesday, February 05, 2002 2:41 PM
To: Nelson, Michelle
Subject: RE:
i just got out of a meeting, i wont stand you up, around 11:30
-----Original Message-----
From: Nelson, Michelle
Sent: Tuesday, February 05, 2002 1:34 PM
To: Maggi, Mike
Subject: RE:
i would feel privledged to go to lunch with you tomorrow sir. that is if you aren't going to stand me up!
-----Original Message-----
From: Maggi, Mike
Sent: Tuesday, February 05, 2002 1:22 PM
To: Nelson, Michelle
Subject: RE:
i dont know i have been away three of the last four weekends, why dont we go out for lunch tomorrow
-----Original Message-----
From: Nelson, Michelle
Sent: Tuesday, February 05, 2002 1:20 PM
To: Maggi, Mike
Subject: RE:
um excuse me sir, but i think that you stood me up twice and you never call me back. so i just decided to stop being part of your enterage. wade and i are trying to work through things, but i guess that we are getting along a little better. we have one more hole in our wall and i haven't broken any phones lately so i guess that is a good sign. we still have a long way to go. so why haven't i heard from you little one?
-----Original Message-----
From: Maggi, Mike
Sent: Tuesday, February 05, 2002 1:14 PM
To: Nelson, Michelle
Subject: RE:
i do but i havent heard from you either, how are things with wade
-----Original Message-----
From: Nelson, Michelle
Sent: Tuesday, February 05, 2002 1:11 PM
To: Maggi, Mike
Subject: RE:
nope. i am in the old building on the 32nd floor. i think that is where we all used to be. it is depressing over here. and we are actually having to work. i miss being over there. so, why don't you talk to me anymore?
-----Original Message-----
From: Maggi, Mike
Sent: Tuesday, February 05, 2002 1:09 PM
To: Nelson, Michelle
Subject: RE:
i cant figure that out yet, are you still on the 5th floor
-----Original Message-----
From: Nelson, Michelle
Sent: Tuesday, February 05, 2002 1:01 PM
To: Maggi, Mike
Subject: RE:
not much. just over here working on the estate, which is so much fun! how about you? do you think that you are going to like ubs?
-----Original Message-----
From: Maggi, Mike
Sent: Tuesday, February 05, 2002 12:54 PM
To: Nelson, Michelle
Subject: RE:
we are so so, what have you been up to, i was in the cafeteria,
-----Original Message-----
From: Nelson, Michelle
Sent: Tuesday, February 05, 2002 12:34 PM
To: Maggi, Mike
Subject:
were you in the cafeteria earlier? i thought that i saw you, but it was from far away. how are you and sarah doing?
|
{
"pile_set_name": "Enron Emails"
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|
Thanks. Mark
Cynthia Sandherr@ENRON
10/20/2000 05:14 PM
To: Mark Palmer/Corp/Enron@ENRON
cc: Mark E Haedicke/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Steven J
Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Joe
Hillings/Corp/Enron@ENRON, Tom Briggs/NA/Enron@Enron, Chris
Long/Corp/Enron@ENRON
Subject: Commodities Legislation
Mark: just a "heads up" that we may be called to react to this attached
NYMERX press release since Enron added the provisions they oppose in the
release. H.R. 4541 passed the House 377-4 last evening and Enron strongly
supports the legislation (I will e-mail Ken Lay's letter to Chairman Combest
which expresses our support plus some talking points for your information.)
There is a real opportunity to enact this legislation this Congress. The
last deal which needs to be cut is with Senator Gramm (he is the only
obstacle to enactment in the Senate.) The "Energy Provisions" discussed in
this press release are NOT IN PLAY and will not be changed in the Senate. It
is other provisions which do not directly affect Enron which are being
negotiated.
Contrary to this release's statement, no House member (other than one member
who didn't make it for the vote,Congressman Baker) is asking for changes in
the Senate. The overwhelming numbers speak for themselves. All and all,
this press release is outlandish.
This will be our highest priority next week and changes occur by the hour.
Please call if you do indeed get press calls and need our assistance. Many
thanks.
EXCHANGE EXPRESSES OUTRAGE AT HOUSE PASSAGE OF H.R. 4541
NEW YORK, NY, October 20, 2000 -- In response to passage by the House of
Representatives last night of H.R. 4541, the Commodity Futures
Modernization Act of 2000, New York Mercantile Exchange Chairman Daniel
Rappaport issued the following statement:
The New York Mercantile Exchange finds it particularly egregious
that, by approving subsection (g) (3) of Section 106, the House would
not only remove the energy and metals marketplaces from public scrutiny
and regulatory oversight, but also do this in a fashion that
discriminates between established markets versus start-up electronic
forums.
It is particularly outrageous, at a time when every U.S. consumer is
feeling the impact of high energy prices, to allow lobbying by a small
group of vested interests to influence Congress to take these markets
out of the public eye and create an advantage for people to trade on
private, proprietary systems lacking the protections of a neutral
self-regulatory organization. Policy makers, regulators, and the
American public will be deprived of currently available information on
market participation, concentration, and financial performance.
This is not only a matter of ill-conceived public policy but is also
anti-competitive and directly contrary to the recommendations made by
the President'sWorking Group on financial markets.
Even House members who voted in favor of the bill have been publicly
quoted as saying that it must be changed in the Senate.
The New York Mercantile Exchange plans to fight adamantly at the Senate
level to demand that this subsection either be eliminated or be amended
to create a consistent regulatory policy for electronic and open outcry
markets.
# # #
----------------------------------
This e-mail is sent by a law firm and contains information
that may be privileged and confidential. If you are not the
intended recipient, please delete the e-mail and notify us
immediately.
|
{
"pile_set_name": "Enron Emails"
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|
Sara -- Thanks for the voicemail. Attached is EWEB's proposed Schedule for
the Single Currency ISDA. Perhaps we can arrange a time Monday afternoon to
discuss? -Jim
<<ISDA - EWEB Schedule for Enron.doc>>
- ISDA - EWEB Schedule for Enron.doc
|
{
"pile_set_name": "Enron Emails"
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I'm on the case. I'll look at what you folks did and take a crack at writing
the memo. I'll shoot for writing and sending around at some point today.
Otherwise, it'll be tomorrow.
Best,
Jeff
|
{
"pile_set_name": "Enron Emails"
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|
Beth Bentivoglio just called. She is sending the last two books in the Narnia
Chronicles.
Other ideas:
CD's by the group "Bewitched" I think there may be 2 or 3 (according to
Katie). Her first choice is "Bewitched", the first CD.
A "blow pen" set. It would be in the artwork area of toy stores--they are
pens that you blow the ink out of onto stencils to make pictures.
Picked the names yet? Missed you at Nancy's.
And, we would be delighted to host Christmas here. Looking forward to it.
Debbie
|
{
"pile_set_name": "Enron Emails"
}
|
Hey, have you heard of Less Than Jake? If not, let me know so I can bring you a cd to listen to. They are from Gainesville, FL! It's fast, loud, fun with horns. Good stuff. So it's already 2pm. That's good news, eh? If only it were like 6pm.....
cheers
|
{
"pile_set_name": "Enron Emails"
}
|
Hello again,
If these contracts are going to be assigned immediately to Mitsui, isn't the
issue of a guaranty a Mitsui issue? Is this addressed in the EPC contracts?
If an Enron entity must give a guaranty, I would think we would want ENA to
give it, to be replaced by a Mitsui guaranty unless we have some safeguard
against the possibility of paying Mitsui and Mitsui not paying GE, so that we
would have to pay twice.
Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 06/12/2000 01:31
PM ---------------------------
[email protected] on 06/12/2000 01:06:56 PM
To: [email protected], [email protected]
cc: [email protected], [email protected]
Subject: RE: Tax Language Changes to On/Off Shore Contracts for Vitro
Brian,
Thanks. The changes to the on & off-shore contracts are OK.
I have replied to an e-mail from Kay concerning the "letter agreement", of
earlier today. As far as I am concerned, we are ready to go there (you were
copied).
Kay indicated that the consolidation agreement would be today's focus of
attention. I have not seen any feedback pursuant to my 1/Jun/00 e-mail.
<<Enron Monterrey/Vitro>>
Your comment about the parent company guaranty reminds me that the above
e-mail also called for such a guaranty from Enron, as Enron NA is no longer
the purchaser.
Regards,
Jeff Smith
-----Original Message-----
From: Brian D Barto [mailto:[email protected]]
Sent: Monday, June 12, 2000 11:10 AM
To: [email protected]; Kay Mann; Jeff Blumenthal
Cc: [email protected]
Subject: Tax Language Changes to On/Off Shore Contracts for Vitro
<< File: VITRO5-on-r1e.wpd >> << File: VITRO5-off-r1e.wpd >>
Jeff: I have picked up the changes to Section 5.2.2 per the email exchange
by
Tim and Jeff B.
Please note that Jeff B. condition that a parent guarantee be provided has
been
picked up in Section 3.7 and Exhibit C-1 has been modified to show General
Electric Company as the parent.
These are the final versions to date:
(See attached file: VITRO5-on-r1e.wpd)(See attached file:
VITRO5-off-r1e.wpd)
Jeff Smith: PS Kay Mann said she would close up the Consolidation
Agreement
discussions with you too.
-----
Sender: [email protected]
To: [email protected]
Cc: [email protected], [email protected],
[email protected], [email protected],
[email protected], [email protected],
[email protected], [email protected]
Subject: Enron Monterrey/Vitro
Date: Thu, 1 Jun 2000 23:09:27 -0400
Importance: high
X-Priority: 1
X-Mailer: Internet Mail Service (5.5.2651.58)
Brian,
Here are my comments on several items.
* The consolidation agreement.
* In 1.b, thanks for reflecting the GE suggestion. However, near the
end of the paragraph, the word "remedy" should move to immediately after
"exclusive".
* In 8, the reference should be to paragraph 10.a, not 11.a.
* In 10.a, it does not look like the wording in my 30/May/00 e-mail
was picked up.
* In 12 and 13, Enron has added new wording since the preceding
issuance of this document.
* In 13, is all of this wording necessary and applicable. At the end
of the first long sentence, the word "turnkey" is used. Of course, this is
an equipment supply contract for GE.
Also, I believe the contracts do state what is in GE
scope via clauses 1.27, 1.86 and 3.1. So, the last sentence is redundant.
* More importantly, these two clauses could be interpreted as
establishing a GEPS/GEIOC consortium. This is something GE had advocated as
the approach in as single contract for tax purposes in Mexico. GE can still
go either way, although the single document approach is more straightforward
(and that is what we initialed in your offices last month). Enron wanted
split contracts. These clauses may undo what Enron was attempting to
achieve in this regard.
* In 14, which has been added by Enron in the latest version of the
consolidation agreement, the GE entities seem to be prevented from getting
an extension of time under one contract if there is a problem with
performance under the other. This is contrary to the words in the former
Enron clause 5, which has now been eliminated. This clause 14 should be
removed.
* Regarding the "swap" payments for tax purposes, to benefit both
Enron and GE:
* The amount paid to date on the Monterrey unit, under the MOU, is
$25,101,733. What GE proposes it to:
* Revise the payment schedule for the contracts such that payments
totaling this amount are due 2-3 days after contract signing.
* Execute a separate letter, to be signed at the same time as the
contracts, formally dissolving the MOU. The letter would call for GE to
refund this same amount 2-3 days after receipt of the payment under the
contracts.
We need to draft this letter, which will
hopefully be one page. The text of such a letter could include the
following wording:
"Pursuant to clause 30.3 of the now executed
On and Off Shore contracts for this project, the MOU dated ______ is made
null and void. Once the initial payment(s) called for in said contracts
have been made, the monies in the amount of $25,101,733.00, which were paid
under the MOU will be refunded to (Enron entity)."
* This would get the monies to the appropriate Enron and GE entities.
In a related matter, since the legal Enron entity has
changed, GE requests a parent guarantee (using form already shown in the
contract(s)).
Regards,
Jeff Smith
-----Original Message-----
From: Brian D Barto [mailto:[email protected]]
Sent: Wednesday, May 31, 2000 11:01 AM
To: [email protected]; Kay Mann
Subject: Consolidation Agreement
<< File: Mac Word 3.0 >>
Kay and Jeff:
Please review and comment. Kay's comments are included and do not look
unreasonable. Jeff please edit this document and send back to Kay and I to
see
what you are thinking about in the clause that used to be 11, now 10, I
think.
(See attached file: GE Vitro WRAP rev 2.doc)
|
{
"pile_set_name": "Enron Emails"
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|
still deficit gas demand scenario...
EarthSat's view similar...
|
{
"pile_set_name": "Enron Emails"
}
|
Mike,
This is what I was talking about in our staff meeting. Let me know if you
can make this.
D
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 05/16/2000
04:19 PM ---------------------------
MEETING CONFIRMATION
From: Rosemary Gracey@ENRON on 05/16/2000 03:34 PM
To: Scott Coburn/NPNG/Enron@ENRON, Martha Sumner-Kenney/NPNG/Enron@ENRON,
Richard Shepherd/NPNG/Enron@ENRON, Sharon Farrell/FGT/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, David Hultsman/Houston/Eott@Eott, Daren J
Farmer/HOU/ECT@ECT, Will Zamer/Corp/Enron@Enron
cc: Jo Williams/ET&S/Enron@ENRON, Beth Jensen/NPNG/Enron@ENRON
Subject: Meeting Confirmation - May 18
TOPIC(S): "New" Enron Website
DATE: Thursday, May 18
LOCATION: EB4102 in Houston/ Rm 696 in Omaha
TIME: 1:30-2:30 pm
For questions, please call Jo Williams X7707.
|
{
"pile_set_name": "Enron Emails"
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|
Dana is interested in talking to JT about a scheduling and/or hourly job.
-----Original Message-----
From: Baughman, Edward D.
Sent: Tuesday, November 06, 2001 1:53 PM
To: Presto, Kevin M.
Subject: Follow up on Jim Terrell
Kevin:
Are you interested in bringing JT back from broadband into a logistics or cash trading role? I'm hearing EBS may shut it down this month. I think JT would add significant value in east power. Let me know.
|
{
"pile_set_name": "Enron Emails"
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|
Louise
I've spoken with Bryan - your understanding is correct - there will initially
be circa 250 products total spread across the product types (which are
defined by the country of incorporation of the reference credit).
He is hoping to grow this quickly.
M
Louise Kitchen
18/01/2000 16:57
To: Louise Kitchen/LON/ECT@ECT
cc: Paul Simons/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT, John
Sherriff/LON/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT,
Mark Taylor/HOU/ECT@ECT, Michael R Brown/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Rod Sayers/LON/ECT@ECT, Janine
Juggins/LON/ECT@ECT, Steve W Young/LON/ECT@ECT, David Weekes/LON/ECT@ECT,
David Forster/LON/ECT@ECT, Elena Kapralova/LON/ECT@ECT, Mark
Dilworth/LON/ECT@ECT
Subject: Re: Credit Trading OnLine - Results of Legal Due Diligence and Risk
Memo
Bryan
Mark told me that in the meeting (legal trading weekly conference call, Paul
spoke of a different 250 products per country? Is this right? This has some
serious implications. Could you let us know as this hasn't come up before I
had assumed your 250 products were the same whatever the country.
Regards
Louise
Louise Kitchen
01/17/2000 07:07 PM
To: Paul Simons/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT
cc: John Sherriff/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT, Jeffrey T
Hodge/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Michael
R Brown/LON/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Rod
Sayers/LON/ECT@ECT, Janine Juggins/LON/ECT@ECT, Steve W Young/LON/ECT@ECT,
David Weekes/LON/ECT@ECT, David Forster/LON/ECT@ECT, Elena
Kapralova/LON/ECT@ECT, Mark Dilworth/LON/ECT@ECT
Subject: Re: Credit Trading OnLine - Results of Legal Due Diligence and Risk
Memo
Thanks very much for your memo Paul it is very helpful. I attach below for
completeness the To Do list put together by Elena in order to put Credit on
EnronOnline.
There are two remaining issues which require further thought:-
1. How do we want to display Credit on a long term basis on EnronOnline.
For the short term, we can put credit out there but the number of updates
will be restricted. Using Jay's best guess on a slow network connection the
initialization process will take upto 4 minutes and on a normal connection
250 updates every 30 seconds would prevent people from trading. So we do
have some scaling issues? Our model doesn't really function for simultaneouse
changing of hundreds of products so really we need to actually get a much
better specific on how many updates you envisage. Do you really envisage
that many updates? Also we haven't yet experienced fast updates which we
will do when FX joins the system.
2. We have approximately 4000 guest id and passwords? Can these see credit
pricing from a due diligence perspective.
Elena will be leaving the EnronOnline group at the end of this week and Mark
Dilworth will be our main point of contact in Dave's absence. Any questions
please do not hesitate to call me (713 853 3488).
Louise
Outstanding Credit Derivatives Issues Action Status Resolved by
1. Redraft Credit Derivatives GTCs Decide how many GTCs are needed ) 1, 2 or
6 ) and prepare the draft(s) accordingly with following issues in
consideration:
? Change &Effective Date8 language to refer to the dates on the website.
? Cofidentiality issue ) legal advice is to leave it out. Bryan Seyfried to
make decision on commercial basis, whether not to include it at all, or
include the softer clause, for ex. that counterparties cannot use Enron name
when disclosing transactions, details.
? Include &bad faith8 provision to prevent sleeving.
? Decide what entities should enter transactions on Enron side ) ECTRI for
Europe and ENA for North America (?)
? Get Tax sign-off Paul Simons/Edmund Cooper/Slaughter&May
2. Translation of GTCs Decide whether translations are needed and, if so, prepare
them:
? Nordic GTC into Norwegian
? Swiss GTC into German Paul Simons/Edmund Cooper/Slaughter&May
3. Withholding Tax Issue Do further research and take a view regarding US
Withholding Tax issue, i.e. that US entity can only transact with another US
entity. Jannine Juggins/ Paul Simons
Legal Validation of Long Descriptions Make sure that Long Descriptions are aligned with
GTCs. Edmund Cooper
4. Legal Review of Paper Confirmations Modify language in the paper confirmations according
to GTCs and Long Descriptions. Edmund Cooper
5. Translation of Paper Confirmations If necessary, prepare the following translations:
? Nordic Conf. - into Norwegian
? Swiss Conf - into German Paul Simons/Edmund Cooper
6. Draft Consent Paragraph to be included in the Marketing Letter ? Draft a
consent paragraph to be added to the Marketing Letter that goes to Ref.
Entities companies
? Get PR approval Paul Simons/Edmund Cooper
7. Confidentiality Lists Identify counterparties in the Confidentiality Lists (all
Enron entities) that will be used as underlying Reference Entities and get
their written consent. Paul Simons/Edmund Cooper/Mark Taylor
8. Confidentiality Procedures Prepare Procedures and educate Enron traders that
confidential information about Ref. Entities is not misused. Paul Simons
9. Prepare Counterparty List Prepare the Counterparty List and forward it to Legal
(for capacity check) and Credit for approval.
Note: List must contain exact entity name that will be entering Cr. Deriv.
transactions Bryan Seyfried
11. Capacity Check on Counterparties Check counterparties, constitutional documents to make
sure that they have legal power and authority to trade Cr. Deriv.
Note: Finish counterparties must be &professional investors8. Paul Simons/Edmund
Cooper/Mark Taylor
12. Get Counterparties List Approvals Bryan to chase Credit/Legal/Traders to get there
sign-off. Bryan Seyfried
13. Complete Reference Entities List ? Add information on country of incorporation
and abbreviation (up to 12 characters) to the existing Ref. Entities List.
? Get Traders, Legal, Credit and Tax (?) approval. Bryan Seyfried/Raj Sharma
14. Attach Cr. Deriv. GTCs to all Cr. Deriv. transactions confirmations Make sure that Back
Office procedures are amended accordingly. Bryan Seyfried/Barry Pierce
15. Investigate whether companies from Canada and Germany can be used as Ref.
Entities For time-being Canadian and German companies won,t be used neither as Ref.
Entities nor they will be able to enter trades as counterparties. However,
being Ref. Entities ) needs further investigation. Paul Simons/Edmund Cooper/Mark Taylor
16. Legal Budget Estimate approx. legal fees budget for Cr. Deriv. Paul Simons
17. Short Descriptions Change Short Descriptions:
? Product Type should read: &US Credit Dflt8, i.e. not &US Cr Dflt Swap8
? Upload Underlying Credits (Ref. Entities) abbreviation according to Raj,s
List. Elena Kapralova/Mark Dilworth
18. Online Test Set up Cr. Derivatives in the Test environment and make test
trades. Bryan Seyfried and Cr. Deriv. traders
19. Set up New Database If decision on placing Cr. Derivatives as a separate page is
final, start working on coding a separate Cr. Derivatives Database. Mark Dilworth to
co-ordinate with IT
20. Sigma Factors Set-up Sigma factors on the Product Type level. Mark Dilworth to
co-ordinate with Credit
21. Risk Calculation Set-up methodology for risk calculation on underlying Ref. Entities. Mark
Dilworth to co-ordinate with RAC
Legal Deliverables ) Credit Derivatives
Deliverable Jurisdiction Delivery Date Status Delivered by
1. GTCs All Slaughter&May
2. Long Product Descriptions Validation All Edmund Cooper
3. Translation of Norwegian and Swiss GTCs into German and Norwegian if
necessary Norway, Switzerland Slaughter&May
4. Paper Confirmations All Edmund Cooper
5. Translation of Norwegian and Swiss confirmations into German and Norwegian
if necessary Norway, Switzerland Slaughter&May
6. Consent Paragraph in the Marketing Letter All Paul Simons/ Edmund Cooper
7. Confidentiality Procedures N/A Paul Simons
8. Further info on Canadian and German companies as Ref. Entities Canada, Germany Paul Simons/
Edmund Cooper
Credit Derivatives ) Resolved Issues
Resolved Credit Derivatives Issues Action Status Resolved by
1.
2.
3.
Paul Simons
01/17/2000 02:01 PM
To: John Sherriff/LON/ECT@ECT, Louise Kitchen/LON/ECT@ECT
cc: Bryan Seyfried/LON/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Julia
Murray/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Michael R Brown/LON/ECT@ECT,
Jeffrey T Hodge/HOU/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Justin
Boyd/LON/ECT@ECT, Rod Sayers/LON/ECT@ECT, Janine Juggins/LON/ECT@ECT, Mark
Frevert/LON/ECT@ECT, Rick Buy/HOU/ECT@ECT, Steve W Young/LON/ECT@ECT, Shirley
A Hudler/HOU/ECT@ECT, David Weekes/LON/ECT@ECT, David Forster/LON/ECT@ECT,
Elena Kapralova/LON/ECT@ECT
Subject: Credit Trading OnLine - Results of Legal Due Diligence and Risk Memo
NOTE - GIVEN THE PROPOSED LAUNCH DATE OF 24 JANUARY 2000 FOR THIS PRODUCT,
THIS NOTE IS INTENDED TO SERVE BOTH AS A SUMMARY OF THE RESULTS OF OUR LEGAL
DUE DILIGENCE AND AS A RISK MEMO
As you know, we have carried out legal due diligence in the eight countries
where it was intended the credit product would initially be traded via
EnronOnLine - namely, the UK, the US, Canada, Finland, Germany, Norway,
Sweden and Switzerland. Under the terms of the credit product, on the
occurrence of a bankruptcy with respect to a specified third party (the
Reference Entity) the Seller of the product (which could be either Enron or
its online counterparty) will pay a fixed, pre-agreed cash sum in an agreed
currency to the Buyer. (It should be borne in mind that this product differs
in a number of ways from the more conventional credit derivatives traded in
the international markets. This means that a change in the nature or terms of
our product or the introduction of alternative credit products will likely
change the analysis below.)
Set out below is an overview of where we have come out on the more
significant legal issues. I am also attaching a two page "Executive Summary
of Legal Advice" prepared by outside counsel which highlights the significant
legal issues/risks in each country and which should be read in conjunction
with this note mail. As you will see, the Executive Summary does not focus on
issues we raised which are "all clear" from a legal perspective, so as to
keep the summary to a sensible length (but there was plenty of good news
too!). Where a legal issue has been identified, I have either set out below
what action is to be taken, or not addressed it further on the basis that, on
the advice of foreign counsel, the risk is not very substantial or unlikely
to materialise. Therefore, where no comment is made below in relation to a
risk highlighted in the attached summary, please assume that the legal risk
is one which, in our view, it is reasonable to take.
A. Countries in which the credit product can be traded in January 2000
Finland, Norway, Sweden, Switzerland, UK, US
B. Countries in which launch of the product via EnronOnline will need to be
delayed
Canada, Germany (reasons set out below)
C. General Issues (applicable in all countries)
The credit product is fundamentally different from the usual energy and
related products we trade and so gives rise to new or increased legal risks
of a general nature:
(i) Capacity - We will not be able to assume generally that our
counterparties will have the legal power and authority necessary to trade the
product and so will need to check each counterparty's constitutional
documents before allowing them to trade the product online. This applies to
almost all entities (eg corporates, municipalities, insurance companies) in
all countries. Some entities may lack the power to trade under the general
law (in which case we will not be able to deal with them at all) or under
their constitutional documents (in which case they will need to amend their
constitutional documents if they wish to trade).
The check need only be made once at the beginning of the credit trading
relationship and so can be added to our procedures. It is not a particularly
onerous job and will increase the cost of this business only incrementally.
(ii) Confidentiality - We will need to put in place procedures to ensure
that we are not misusing confidential information about our business
counterparties on whom we are offering credit protection. Misuse can occur
both in pricing the product and trading it. The procedures will not include
formal Chinese Walls separating the credit traders from our other traders or
the credit department (a point we have managed to agree with both UK and US
counsel following very detailed discussions). The procedures will include
(a) the use of a Restricted List in both the US and Europe (similar to the
procedure currently used in Houston); and (b) practical steps to ensure that
confidential information derived from other areas of our business and which
we are not entitled to use (eg because it is the subject of a confidentiality
agreement) is not imparted to the credit traders. In addition, where Enron
has an especially close relationship with a prospective reference entity, or
otherwise has confidential information relating to such an entity, we will
need its written consent before offering protection on that entity. Without
such consent, there will be an unjustifiably high risk of being sued by that
entity for breach of confidence.
D. Country Specific Issues
(i) Canada - There is a substantial risk that the product will constitute
insurance business, constituting an offence and rendering contracts in the
product unenforceable against our counterparties. We should try to resolve
this issue with the Canadian authorities before launching the product in
Canada. Timeframe for clearance is highly uncertain since it is not clear
which Canadian authority would take jurisdiction of the matter.
(ii) Germany - Again the issue is insurance. The risk is higher than in
Canada and so Germany should be excluded initially.
(iii) Norway - There is a material risk that the credit product could be
regarded as gaming in Norway, in which case trades would be void and
unenforceable. The normal way to mitigate this risk in Norway is by using a
"substantial professional effort" to satisfy ourselves that a trade is being
entered into for valid commercial purposes (normally hedging) by our
counterparty. Clearly, it will not be possible to take such steps on a trade
by trade basis in the context of EnronOnline. At a minimum, we should
therefore ensure at the outset of the online trading relationship in this
product with each Norwegian counterparty that there is a commercial logic
behind its trading this product type.
(iv) Switzerland - If the credit product is the main purpose of our trading
relationship with a counterparty, we should check with the Swiss supervisory
authority whether the product constitutes insurance (the position being
unclear). If a trade is insurance, it can be terminated by the counterparty
(which is obviously of greater concern if Enron is the Buyer) and an offence
will be committed since Enron is not authorised as a Swiss insurer. However,
I understand that the initial group of counterparties will be existing
business relationships, in which case we can parallel path this issue.
(v) US (New York Law)
(a) CFTC regulation - by structuring the product either as a swap or an
option (and meeting certain other conditions) we can rely on exemptions under
the US Commodities Exchange Act.
(b) US securities laws - there is a small chance that the credit product
constitutes a "security" under US securities laws (please see attached
Executive Summary). However, SEC regulations allow the public offering of
securities to "accredited investors" which will allow us to deal with
investors having at least US$5 million in assets. Since most of our
counterparties will be fairly large, sophisticated players, this test should
not impede the business.
(c) Insider trading - US counsel have advised that the risk of insider
trading occurring as a result of the product being characterised as security
(see (b) above) is relatively remote.
------------------------------------------------------------------------------
--------------------
Please feel free to call me on x36566 if you would like to discuss this
project further.
Best regards
Paul
|
{
"pile_set_name": "Enron Emails"
}
|
Please add Ainsley Gaddis and remove Daniel Kang from your list when sending the spreadsheets to EES.
Thanks,
Bill
-----Original Message-----
From: Gaddis, Ainsley
Sent: Monday, June 18, 2001 1:46 PM
To: Bill Williams III/PDX/ECT@ENRON
Subject: Real Time Deals for 06/12 and 06/14
Bill,
My name is Ainsley and I am taking over for Daniel Kang. I was checking to see if there were any real time deals for 06-12 and 06-14. Thanks!
Ainsley Gaddis
713-345-2877
|
{
"pile_set_name": "Enron Emails"
}
|
OK...begging bowl in hand....
Do you have anyone I could borrow for a couple of months?
Either Sen Spec or Spec - to work with Kristin Albrecht on some general
ledger clear-up and go-forward work.
I really need someone - I've hired but these new people will take a while to
show up.
Thanks.
B.
|
{
"pile_set_name": "Enron Emails"
}
|
Attached are EOL approvals for January 24, 2001.
|
{
"pile_set_name": "Enron Emails"
}
|
Tom and Mark are not spot traders, they're cash traders. This is what I was
referring to yesterday - that Real Time is now being charged $15 for trades -
but cash and term traders should still be charged the traditional $.005. Why
is Bloomberg recognizing these trades as Real Time?
Kate
Evelyn Metoyer@ENRON
04/17/2001 12:33 PM
To: Kate Symes/PDX/ECT@ECT
cc:
Subject: Commission for Bloomberg
Hi Kate, per our discussion on yesterday about the $15.00 flat fee on Tom's
and Mark's deals, here is Bloomberg's response. Please pass this info to all
of our traders. Please let me know what the response is from them.
Thanks
---------------------- Forwarded by Evelyn Metoyer/Corp/Enron on 04/17/2001
02:34 PM ---------------------------
"PAUL CALLAHAN, BLOOMBERG/ NEW YORK" <[email protected]> on 04/17/2001
02:28:57 PM
To: [email protected]
cc:
Subject: Commission
Evelyn, as of April 16, 2001 our charge for Spot trades is a flat fee of
$15/trade.
|
{
"pile_set_name": "Enron Emails"
}
|
Louise - first congratulations on your new boy Scott - Marcus has been keeping me posted and I even saw those great photos on his desk. I don't think we have met; I work for EPMI in NEPOOL with John Llodra and report to Ed Baughman.
I am writing to ask if you would speak with my brother-in-law, Dave Gautschi, a partner with Deloitte & Touche, who is co-authoring a book on e-businesses called Net Markets (see attached outline and reproduction of the cover). The focus of the book is to " ?? take a business executives perspective on the implications of B2B eMarketplaces on their business and overall business environment globally. It will lead the reader through the basic options for implementing real valuable B2B tools and technologies. It will then move to more and more complex AND valuable B2B opportunities. More importantly, it will identify and articulate the day-to-day business IMPLICATIONS of Ebusiness."
Dave, a PhD in mathematics (go figure), a former marketing professor, a folk singer (he leads our family in song fests) and just a great guy is intrigued/impressed with Enron on Line (who isn't) and would very much like your insights. I believe the exposure to both Deloitte and the readers of this book would be great for Enron in general and Enron On Line specifically.
If you are available please call his research assistant Mike Russell at 206-215-4285 to arrange a time to talk (they will be very responsive as their manuscript deadline is late July). I am reachable today on my cell at 617-733-8713 and on vacation next week but Claudette Harvey will know where to reach me.
Thanks for your consideration and enjoy your new young one (kids are great, I have two)
George "Woody" Wood
|
{
"pile_set_name": "Enron Emails"
}
|
Are Bill Collectors Hounding YOU? Are Your Credit Card Bills TOO MUCH? WE CAN HELP! Our Non-Profit Credit Card Consolidators can help you reduce your credit card bills and unsecured debt, FREE OF Charge!
http://www.eloangroup.com
<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>
* To remove yourself from this mailing list, point your browser to:
http://i.pm0.net/remove?funnymoney:10
* Enter your email address ([email protected]) in the field
provided and click "Unsubscribe". The mailing list ID is "funnymoney:10".
OR...
* Reply to this message with the word "remove" in the subject line.
This message was sent to address [email protected]
X-PMG-Recipient: [email protected]
<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>
pmguid:1c.1hcl.803w8
|
{
"pile_set_name": "Enron Emails"
}
|
Tana/Karen:
The product long description below will fall under the new product type US
Pipeline Capacity Release. Credit (Tom Moran) has approved copying the
profiles for the new product type from the following:
US Gas Phy Fwd Firm Non-TX>1Mo<1Yr
Please respond by 10 a.m. on Wednesday, November 8.
Thank you.
---------------------- Forwarded by Lisa Lees/HOU/ECT on 11/07/2000 04:30 PM
---------------------------
From: Carlos Alatorre @ ENRON
11/07/2000 05:23 PM
To: Dale Neuner/HOU/ECT@ECT, Lisa Lees/HOU/ECT@ECT
cc:
Subject: Cap. Release GTC
Please find attached Prod. Long Description below you can find the GTC,
please let me know if you have any questions.
Thanks
Carlos
---------------------- Forwarded by Carlos Alatorre/NA/Enron on 11/07/2000
05:14 PM ---------------------------
Gerald Nemec@ECT
11/07/2000 04:40 PM
To: Carlos Alatorre/NA/Enron@Enron, Carl Carter/NA/Enron@Enron, Colleen
Sullivan/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
cc: Steve Van Hooser/HOU/ECT@ECT
Subject: Cap. Release GTC
Attached is the final version of the GTC for the EOL Capacity Release.
|
{
"pile_set_name": "Enron Emails"
}
|
Attached is a summary model for TW's Sun Devil project. The original model is very large; this summary version is smaller but doesn't have the links and supporting pages. Please feel free to call me with any quesions.
Kevin Hyatt
Director, Business Development
713-853-5559
|
{
"pile_set_name": "Enron Emails"
}
|
Thanks very much, Kate.
Kate Symes 11/30/2000 07:38 AM
To: Debra Davidson/PDX/ECT@ECT
cc:
Subject: Re: Credit Watchlist Faxes
Just FYI - This should cut down on the paper trail a bit.
Kate
---------------------- Forwarded by Kate Symes/PDX/ECT on 11/30/2000 07:35 AM
---------------------------
Veronica Gonzalez 11/30/2000 07:43 AM
To: Kate Symes/PDX/ECT@ECT
cc:
Subject: Re: Credit Watchlist Faxes
Kate,
I was not aware that it was being faxed. I found out that T Jae Black on the
East Trading desk was faxing it. I went ahead and contacted her to let her
know that there was not necessary. You should receive an updated Credit
Watchlist every Monday. Please email me if you don't receive it.
Thanks,
Veronica
Kate Symes 11/30/2000 09:23 AM
To: Veronica Gonzalez/HOU/ECT@ECT
cc:
Subject: Credit Watchlist Faxes
I was just told that we are being sent the Credit Watchlist Update via fax,
in addition to the one you send me via e-mail every couple weeks or so. Since
I already receive and print out the list for all of our traders and
mid-marketers, I thought it might cut down on some work for someone if they
didn't have to fax it to us as well. I don't know if that person is you, or
if you might know who I can contact; in any case, Iwe don't need the
watchlist faxed to the Portland office. (Anything to take one extra step out
of the day, right?)
Please let me know if I should contact somebody else.
Thanks so much,
Kate
|
{
"pile_set_name": "Enron Emails"
}
|
Thanks.
-larry
---------
Lawrence A. Ciscon Enron Broadband Services, Inc.
VP Software Architecture 4828 Loop Central Dr. Suite 600,
Phone: (713)669-4020 Houston TX 77081
[email protected]
Jeff Youngflesh@ENRON
11/29/00 05:07 PM
To: Larry Ciscon/Enron Communications@ENRON COMMUNICATIONS
cc: Jennifer Stewart/NA/Enron@Enron, Kim Godfrey/Enron Communications@Enron
Communications
Subject: RE: Enron / Avaya meetings: calendar
Larry,
Thank you for getting back with me. To answer your question: It is looking
more and more like the week of January 8th. The meetings would be held using
approximately 1.5 days of a 3-day window: the 9th, 10th, and 11th. I have
input from Kim Godfrey, who is driving things on the EBS side, and I have a
tentative OK from Avaya for the window of the 9th - 11th.
I will want to begin getting headcount of the EBS travelers, and the day(s)
which each would be attending. For example, you would probably attend both
days, while some of your team would be there exclusively for the 2nd day
meetings. I'm not sure Jim Crowder would be at both days, but Kim G.
certainly would, as would members of her origination team, including Systems
Engineer(s).
I will call you this week to get your input re: who from your team would be
going, and for which days.
Thank you,
Jeff
Jeff Youngflesh
Director, Business Development
Global Strategic Sourcing
Enron Corp.
333 Clay Street, 11th Floor
Houston, TX 77002
t: 713-345-5968
f: 713-646-2450
c: 713-410-6716
Larry Ciscon@ENRON COMMUNICATIONS
11/27/2000 08:31 PM
To: Jeff Youngflesh/NA/Enron@ENRON
cc:
Subject: RE: Enron / Avaya meetings: calendar
Jeff,
What's the current plan on this meeting? I agree that January would be a much
better time to meet, but I could also consider the December dates.
-larry
---------
Lawrence A. Ciscon Enron Broadband Services, Inc.
VP Software Architecture 4828 Loop Central Dr. Suite 600,
Phone: (713)669-4020 Houston TX 77081
[email protected]
Jeff Youngflesh@ENRON
11/21/00 04:45 PM
To: Everett Plante/Enron Communications@Enron Communications, Jim
Crowder/Enron Communications@Enron Communications, Larry Ciscon/Enron
Communications@Enron Communications
cc: Jennifer Stewart/NA/Enron@Enron, Nancy Young/Enron Communications@Enron
Communications, Steve Pearlman/Enron Communications@Enron Communications,
[email protected], Marie Thibaut/Enron Communications@Enron Communications
Subject: RE: Enron / Avaya meetings: calendar
Mission/Purpose: Coordinate EBS Executive Calendars
for EBS' trip to Avaya HQ in Basking Ridge, NJ
This is targeted as a one-day trip for the Enron executives
Daily objectives highlighted in red, further below.
Individual items per person follow immediately:
Jim,
I have spoken w/Nancy Young, and we have penciled in
that you could possibly make the trip on December 19th,
20th, or 21st; OR January 9th, 10th, or 11th. If Larry and Everett
can also join on one of the same days you are penciled in
for, I would like to book your time for the meeting.
Larry,
I have left you a voicemail, and this note. Please let me
know ASAP which of the days that I have penciled in for
Jim Crowder's attendance would also work for you.
Everett,
I have called Marie Thibaut and left her the information on
her voicemail. Since she's out, I'll send this to you directly,
as well. Will you also let me know which days (above)
work best for you?
Steve Pearlman,
You and I have spoken, I have your availability info. Thank you.
+++++++++++++++++++++++++++++++++++++++
To clarify the purpose of the Avaya trip: the first day (only)
is for executives to investigate the following items --
1) what value can EBS deliver to Avaya for Avaya internal
use (product/service solutions, financing, etc.) EBS sell
EBS' solutions to Avaya for Avaya internal use
2) ideas for opportunities for Avaya and EBS to enter into
a "sell through/sell with" arrangement, whereby some type
of joint marketing efforts could be enjoined. EBS sell with,
and/or through the Avaya sales organization
The second day (only) would be for Avaya and EBS
development/technical staff to meet and brainstorm the:
1) results of the executive meetings' output from 1&2 above,
discuss output of day 1 meetings, & technical issues
and opportunities
and 2) what technical hurdles or opportunities exist which
could enable successful EBS efforts to sell EBS solutions
to Avaya and through Avaya or with Avaya's sales &
marketing team. Larry Ciscon may choose to attend both
days due to the nature of his mission.
++++++++++++++++++++++++++++++++++++
Please let me know as soon as you can which day or
days would work best for you to make the trip. I need to
get things coordinated with my counterpart at Avaya so
he can schedule his executives' time, and their briefing
center facility.
Thank you,
Jeff
Jeff Youngflesh
Director, Business Development
Global Strategic Sourcing
Enron Corp.
333 Clay Street, 11th Floor
Houston, TX 77002
t: 713-345-5968
f: 713-646-2450
c: 713-410-6716
----- Forwarded by Jeff Youngflesh/NA/Enron on 11/21/2000 03:56 PM -----
Jeff Youngflesh
11/21/2000 10:44 AM
To: [email protected]
cc:
Subject: RE: Enron / Avaya meetings in Basking Ridge
Thad, can you give Barbara a "hold" on this until you and I get the
people scheduled? I have just returned from a day off, and don't
have the information I needed yet. It still looks like Jan 8-9 may be
leading date candidates, with the 19/20 or 20/21 of December being
possible alternates...
Thank you,
Jeff
----- Forwarded by Jeff Youngflesh/NA/Enron on 11/21/2000 10:30 AM -----
"Korp, Barbara I (Barbara)" <[email protected]>
11/20/2000 01:22 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: Enron / Avaya meetings in Basking Ridge
Jeff,
I'm in the process of booking the Avaya Briefing Center and need to know how
many people from Enron will be visiting our headquarters. I've asked for
the afternoon of December 13th and all day on the 14th.
Barb
Barbara Korp
Avaya Inc.
Assistant to Serge Minassian
908-953-3771
908-953-3772 (fax)
[email protected]
|
{
"pile_set_name": "Enron Emails"
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|
Having read the Hogan paper, I think that the "academic" community is
somewhat divided on this issue. If we want to move forward on the issues
Joskow addresses, I would recommend that EPSA be the vehicle. The entire
marketer / generator community needs to counter.
What do people think about seeking activity through EPSA, WPTF, and/or IEP of
CA to push back on the studies and analysis especially after the Dec 13
Order? I don't think that the discussions will be ending very soon.
Jim
Alan Comnes@ECT
12/07/2000 03:07 AM
To: James D Steffes/NA/Enron@ENRON
cc: Jeff Dasovich/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Mary
Hain/HOU/ECT
Subject: Re: Analysis of Joskow / Hogan Papers
The Joskow/Kahn paper raises two issues: price above cost and witholding.
Enron obviously has concerns with the "price above cost" analysis. I drafted
some specific concerns and put them into a draft to Enron's reponse to Hoeker
Question 1. Although the detail was dropped in the final draft, the basic
technical concerns were laid out there. To really rebut Joskow/Kahn would
take considerable work. Jeff D's idea was to write a paper that raised
issues and indicated how complicated a "correct" response would be.
The Joskow/Kahn withholding section has recieved criticism from the ISO so I
am not sure Enron needs to respond to that.
I think my bottom line now is that the debate at FERC will soon be over or
enter a new stage on the 13th. As far as how a response would help us in
California, I think requires a discussion with Jeff.
Alan
From: James D Steffes@ENRON on 12/05/2000 07:22 PM CST
To: Alan Comnes/PDX/ECT@ECT, Jeff Dasovich/NA/Enron@Enron, Susan J
Mara/NA/Enron@ENRON, Mary Hain/HOU/ECT@ECT
cc:
Subject: Analysis of Joskow / Hogan Papers
Alan --
Before we bring in Seabron Adamson to do some analysis, I'd like your read of
the Joskow and Hogan papers. When we have our understanding straight, let's
talk.
Jim
----- Forwarded by James D Steffes/NA/Enron on 12/05/2000 07:20 PM -----
Jeff Dasovich
Sent by: Jeff Dasovich
11/30/2000 11:49 AM
To: [email protected], Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Sandra McCubbin/NA/Enron@Enron, Paul
Kaufman/PDX/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Mary Hain/HOU/ECT@ECT, Karen
Denne/Corp/Enron@ENRON, [email protected], Susan J Mara/NA/Enron@ENRON, Alan
Comnes/PDX/ECT@ECT
cc:
Subject: From Today's Electricity Daily
FYI. In bizarre times, help can sometimes come from bizarre places. Granted,
we're likely to disagree strongly with Hogan's continued obsession with
Poolco, but the discussion in his paper regarding market power may be
helpful---I've read the Joskow paper, but haven't yet had a chance to review
the Hogan piece.
Steve and I discussed the need to do a focused assessment of the Joskow/Kahn
"analysis" (remember it's Ed Kahn, not Alfred Kahn). Seems that it would be
very useful to fold into that analysis any useful stuff on market power
included in the paper done by Hogan & Co. If, in the end, there ain't
nothing useful, so be it. But seems like there's little downside to
exploring it.
Jim, my understanding is that Alan is already working with the fundamentals
folks on the Portland desk to deconstruct the Joskow paper. Might want to
include the Hogan paper in those discussions and might also be useful to pull
Seabron Adamson into the thinking, too. Ultimately, may be preferable to
have any assessment of Joskow and/or Hogan to come from economists, rather
than directly from us.
Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 11/30/2000 11:38 AM -----
"Daniel Douglass" <[email protected]>
11/30/2000 11:29 AM
To: <[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>,
<[email protected]>, <[email protected]>,
<[email protected]>
cc:
Subject: From Today's Electricity Daily
Has FERC Gone Far Enough in California?
The Federal Energy Regulatory Commission isn't going far enough in its
attempt to reform the California wholesale electric market, according to a
paper by three prominent economists done for San Diego Gas and Electric. The
paper by John D. Chandley, Scott M. Harvey, and William W. Hogan argues that
FERC should first end the artificial separation that divides the California
Power Exchange and the California Independent System Operator, rather than
worrying about the governance of the two institutions.
"The change in governance may help," says the paper - "Electricity Market
Reform in California" - "but it is not likely to be decisive in the near
term. Explicit guidance from the commission regarding the nature and
trajectory of reforms will be essential if market reform is to be
accomplished within an acceptable time frame." Hogan, of the Kennedy School
of Government, has been writing since 1995 in opposition to California's
market separation.
Also, argues the paper, freeing the California utilities to engage in forward
contracting is no panacea. "The expectation that merely allowing utilities to
participate in forward contracting necessarily would be the solution to high
prices is problematic and not supported by the commission's staff report,"
says the analysis, adding that "putting pressure on buyers to sign contracts
in the present environment may make things worse." If the underlying problem
in California is high cost and low capacity, requiring forward contracting
could harm not only California but also the entire Western U.S. electric
system.
FERC's $150 so-called "soft cap" is a wild card that has the three economists
scratching their heads. "It does not appear in the staff report and there is
little critical analysis of their implications, other than the discussion of
Commissioner [Curt] Hebert." If the intent of the soft cap is to move toward
cost justification for bids above $150/MWh, then FERC is headed into an
administrative morass "that would rival those under wellhead price controls
in the natural gas industry."
If, on the other hand, the soft cap is "truly soft" and would only require
some paper work at FERC and the possibility of a refund if the price is
eventually deemed not just and reasonable, "there might be little impact on
consumer prices (particularly if the principal sources of those high prices
are high costs and regional capacity shortages rather than the exercise of
market power). Even so, the proposal might serve to deter entry and new
investments, thus combining the worst of both worlds, high consumer prices
and little or no new investment."
FERC's proposed order in California also demonstrates confusion about just
what constitutes market power. The paper cites the proposed order's lawyerly,
obfuscatory conclusion that "while this record does not support findings of
specific exercises of market power, and while we are not able to reach
definite conclusions about the actions of individual sellers, there is clear
evidence that in California market structure and rules provide the
opportunity for sellers to exercise market power when supply is tight and can
result in unjust and unreasonable rates under the [Federal Power Act]." The
economists note, "In this regard, the debate is confused because we are
dancing around the words where the truth may be hard to face."
In the case of California, say the economists, there is no evidence of market
power. Even the practice of generators avoiding the day-ahead market in favor
of the real-time market "is a response to bad market design and pricing
incentives (including price caps), but does not demonstrate the exercise of
market power." Nor is bidding above marginal cost necessarily an exercise of
market power, they add. "The distinction between direct marginal cost and
opportunity cost is sometimes lost in the discussion. Hence, a competitive
bidder whose direct cost of generation is $40 but who could sell the same
energy outside California for $100 should bid no less than $100. This would
not be an exercise of market power."
|
{
"pile_set_name": "Enron Emails"
}
|
OK, you caught me!!!
Leslie Hansen
10/26/2000 10:07 AM
To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: NDA agreement
Do you really look forward to working with him??????
You're the best!
Leslie
Tana Jones
10/26/2000 10:05 AM
To: Bruce Harris/NA/Enron@Enron
cc: Leslie Hansen/HOU/ECT@ECT
Subject: Re: NDA agreement
Per our conversation, my name is Tana Jones and I am a paralegal here in
Houston Legal. I am your first point of contact when you need to get an NDA
out to a counterparty. I work with Leslie Hansen, an attorney in our group.
She will negotiate any comments to the NDA's or review forms of NDA's
provided by counterparties. We can also assist you with other types of
contracts you might need. My # is x33399 and Leslie's is x36121.
To draft an NDA I will need the following information:
1. What form of NDA do you want. We have 2 forms, one where only Enron is
providing confidential information, and a bilateral agreement where both
parties are providing confidential information. If we have a situation where
we truly are the only one providing confidential information we prefer to use
the one-way form, it is drafted much more in our favor.
2. What is the project or nature of your business with the cusomer?
3. The counterparty's full legal name.
4. Counterparty's address.
5. Contact name at the counterparty.
6. How you would like the NDA sent to the counterparty. If you would like
to to fax it, please provide the fax and phone number. If you would like me
to email the agreement, I'll need an email address. If you would like to
send it yourself, I will forward it to you.
7. If you have a deadline for execution, please let us know.
I look forward to working with you!
----- Forwarded by Tana Jones/HOU/ECT on 10/26/2000 09:52 AM -----
Michael Slade
10/26/2000 09:42 AM
To: Bruce Harris/NA/Enron@ENRON
cc: Tana Jones/HOU/ECT@ECT
Subject: Re: NDA agreement
Hello Tana - please could you help Bruce out or point him in the right
direction - I just spoke with him and the agreement would need to be under
Texan law, so our standard form is not suitable.
Many thanks
Michael
Bruce Harris@ENRON
26/10/2000 15:39
To: Michael Slade/LON/ECT@ECT
cc: Bruce Harris/NA/Enron@Enron
Subject: NDA agreement
Michael,
I work in EnronCredit in Houston. Adam Tyrell suggested I contact you about
getting a template non-disclosure agreement to send to a client (at their
request). Could you please send me something today if we have a standard
form?
Thanks, Bruce
|
{
"pile_set_name": "Enron Emails"
}
|
How polite.
From: Suzanne Adams@ECT on 06/06/2001 11:15 AM
To: [email protected]
cc: [email protected]
Subject: Refund for Managing Credit Risk Seminar March 22-23,2001
Tricia, thank you for Kay Mann's refund in the amount of $500 for the
above-referenced seminar. The cost of the seminar, however, was $595. I
cancelled this seminar two days before the cancellation deadline of March13,
2001 (cancellation number X197033661), but Kay was still charged the $95
cancellation administrative fee. Please advise when she can expect this $95
to be credited to her American Express card.
Thanks, Suzanne Adams
|
{
"pile_set_name": "Enron Emails"
}
|
FYI
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/10/2000
01:26 PM ---------------------------
From: Richard Reichardt@ENRON COMMUNICATIONS on 10/10/2000 12:30 PM
To: Mike McConnell/HOU/ECT@ECT
cc: Larry Lawyer/Enron Communications@Enron Communications, Tom Gros/Enron
Communications@Enron Communications, Vince J Kaminski/HOU/ECT@ECT, Kevin
Garland/Enron Communications@Enron Communications, Richard DiMichele/Enron
Communications@Enron Communications, Ken Rice/Enron Communications@Enron
Communications
Subject: Seismic Data on Oil & Gas field Development via Satellite
Mike,
Using NASA satellite transmission of maritime data and establishing a Houston
Data Center to consolidate and centrally process 3D seismic data surveys for
oil and gas extraction, exploration and development could save the petroleum
industry more than $300 million dollars annually through reduced operational
expenses. Added value in shortening the time to process and deliver the
finished surveys should generate more than $26 million per site (based upon
$15/barrel for average oil well production to market 30 days sooner)in
revenue. By re-selling this data to market analysts or by internally using
this data for forecasting future oil/gas production Enron could increase the
accuracy of forecasting reserves and production capabilities globally. By
holding the data as exclusive (or partially exclusive), Enron would have a
significant market advantage in futures pricing for oil and gas.(Vince's team
is quantifying the valuation of this information)
Attached please find an updated version of the business case for seismic data
transfer via satellite, by a geophysicist at SpaceData - William K. Aylor,
calculated using $22/barrel oil.
Based upon your availability, Jon Adler and I would like to make a
presentation to you (or your designated representative) on the Enron
potential of this opportunity, sometime next week (17-20 October).
- SDT Business Case4.pdf
V.R.,
Richard Reichardt
Enron Broadband Services
(713)-345-8377 (Office)
(713)-907-3767 (Mobile)
1400 Smith Street, Suite EB 4364
Houston, Texas 77002
|
{
"pile_set_name": "Enron Emails"
}
|
FYI - please see the note from Susan Scott Lindberg below. She has taken on her newly married name and if you are sending her an e:mail, please make sure to address it properly.
Here correct office location is EB3110E.
If you have any questions, please contact her assistant Linda Noske @ x36082.
Ginger Dernehl
Administrative Coordinator
Global Government Affairs
Phone# 713-853-7751
Fax# 713-646-8160
-----Original Message-----
From: Scott, Susan [mailto:[email protected]]
Sent: Friday, August 10, 2001 11:56 AM
To: Noske, Linda J.
Subject: name change
Importance: High
Linda -- would you please let everyone in Government Affairs know that they should use Susan Lindberg when addressing e-mails or looking for me in Peoplefinder?
(I've tried to get HR to list me as Susan Scott Lindberg, so that if people do a search for Susan Scott they pull up my name, but so far have been unsuccessful. As a result, a lot of my e-mail is going to Susan M. Scott the analyst.) Thanks.
|
{
"pile_set_name": "Enron Emails"
}
|
Harlan:
Per my voice mail message here is what needs to be done with Duke on a first priority basis:
1. Master Netting Agreement - please send the current template form to Janna Blanter ([email protected]), Greg Norman ([email protected]) and George Brown ([email protected]).
2. In the short term we have agreed to net margin payments with respect to the ENA ISDA and the EPMI Master Power Agreement. Please prepare an agreement to do this which will terminate once the Master Netting Agreement is signed.
3. The Enron Corp. Guaranty needs to be increased from $100MM to $250 MM.
4. Jeff Hodge will be working on a Master Gas Agreement
Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-8537 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
[email protected]
|
{
"pile_set_name": "Enron Emails"
}
|
You're very sweet. Thank you very much. However, I still am counting the
days, and looking forward to, working with you folks.
Best,
Jeff
|
{
"pile_set_name": "Enron Emails"
}
|
Phillip
Good Morning! I hope you had a wonderful Thanksgiving with your family and safe travels.
As per our meeting on Tuesday, please identify people you think will be good for the expert story roles. You can provide me a list and either contact them first or provide me with an introduction to get their commitment. Thanks a million in advance for your continued support of this project.
Cheers
Kirk
---------------------- Forwarded by Kirk McDaniel/HOU/EES on 11/23/2001 11:06 AM ---------------------------
[email protected] on 11/20/2001 09:14:57 PM
To: <[email protected]>
cc: [email protected]
Subject: SMEs for expert stories
Hello Kirk --
Hope you are doing well!
Just wanted to let you know that I will be taking over the role of
producint the expert stories for our simulation. I understand you will be
obtaining the SMEs who will be providing us with expert stories. Thank you
for your help. Here are a few guidlines to keep in mind:
Number of SMEs needed: 10
Number of expert stories: 20-25
Characteristics: SME needs to be willing to speak in front of the camera, a
mix of structurers, originators and traders
I've included below a slightly revised version of the process that we will
follow for working with the SMEs to develop and film the stories. The main
difference is that we need to get the list of SMEs by 11/28, instead of
11/30. By 11/30, we need to have contacted the SMEs and set up time with
them for the following week. I think that to contact 10 SMEs will take at
least 2 days, especially since one of the days is a Friday.
(11/26-11/28)
--Obtain contact information for expert story SMEs
(11/28-11/30)
--Contact SMEs to give them background regarding
the simulation, describe their role in the simulation, set up a time to
discuss ideas, and set up a time for video shoot.
(12/3-12/6)
--Meet with SMEs to discuss the categories of content we
need and where they can provide stories.
--Send follow-up e-mail asking SMEs to review the
stories (questions and answers) that we will ask them during the video
shoot.
--Make changes to stories, if necessary.
--Send final stories and video shoot logistics to
SMEs
(12/10-12/12)
--Video shoot
Please let me know if you have any questions.
Thanks,
Ann
This message is for the designated recipient only and may contain
privileged, proprietary, or otherwise private information. If you have
received it in error, please notify the sender immediately and delete the
original. Any other use of the email by you is prohibited.
|
{
"pile_set_name": "Enron Emails"
}
|
Please see the attached diagram describing the Crescendo VPP Transaction. It
displays the flow of volumes and dollars between Crescendo, Entrada, the ENA
Physical Desk and the ENA Financial Desk. If you have any questions, please
contact Joan or Mark.
|
{
"pile_set_name": "Enron Emails"
}
|
This message went out on the 10th to some of the participants but, I wanted to confirm that all attendees were notified.
-----Original Message-----
From: Campos, Kathy
Sent: Wednesday, October 17, 2001 11:33 AM
To: Cordes, Bill; Corman, Shelley; Hotte, Steve; Lowry, Phil; McCarty, Danny; Fossum, Drew; Saunders, James; Stark, Cindy; Brassfield, Morris; Peters, Jerry
Cc: Benner, Martha; Winters, Ricki; Villarreal, Lillian; Armstrong, Julie; Sellers, Emily; Hogan, Janice; Jolibois, Anne; Svatos, Dee; Young, Debra ; Concklin, Elaine; Hayslett, Rod; Geaccone, Tracy
Subject:
The Quarter Forecast review with Stan at 1:30 PM Thursday, October 18 has been canceled. Rod and Tracy will meet with Stan separately.
Kathy Campos
ETS Finance
EB4055
713-853-6833
|
{
"pile_set_name": "Enron Emails"
}
|
<<Enron_.doc>>
Sara,
Does this work?
Please note the additions in red.
Thanks,
Phil
- Enron_.doc
|
{
"pile_set_name": "Enron Emails"
}
|
Kay C. Young
Legal Specialist
Enron North America Corp.
713-853-6794 Phone
713-646-3393 Fax
[email protected]
Tana Jones
11/02/2000 01:58 PM
To: Kay Young/HOU/ECT@ECT
cc:
Subject: NDA's
I have a bunch of NDA's coming thru, so I thought I'd send you an email:
1. Leslie drafted an NDA yesteeday with Proxicom, Inc. - I don't know if
she ran it by you...
EEL has an agreement with Proxicom (UK) Ltd. re Potential provision by
Proxicom of consultancy Services that last until March 2003 protecting both
parties. It idoes not contain restrictive provisions .
2. Ariba, Inc.
Nothing with or pertaining to Ariba, Inc. to the best of my knowledge.
3. Commerce One, Inc.
Nothing with or pertaining to Commerce One, Inc. to the best of my knwoeldge.
4. Exodus Communications, Inc.
Nothing with or pertaining to Exodus Communications, Inc. to the best of my
knwowledge,
5. Financial Settlement Matrix
Nothing with or pertaining to Financial Settlement Matrix to t he best of my
knowledge.
6. Interliant, Inc.
Nothing with or pertaining to Interliant, Inc.
7. Inwarehouse.com
Nothing with or pertaining to Inwarehouse to the best of my knowledge.
8. Oracle Corporation'
Nohing with or pertaining to Oracle to the best of my knowldge
11. Sabre Corporation
Nothing with or pertaining to Sabre to the best of my knowledge
|
{
"pile_set_name": "Enron Emails"
}
|
Tana :
Re: Public Service Co. of Colorado. I believe it may be an error that they
are still listed in the ENA Legal Online Database as being able to trade
"power w/ limits" . The email below shows that they should be wide open
now..... at least from Legal's point of view.
Thanks,
Shari
----- Forwarded by Shari Stack/HOU/ECT on 09/11/2000 02:54 PM -----
Shari Stack
08/28/2000 05:01 PM
To: Tana Jones/HOU/ECT@ECT
cc: Rhonda L Denton/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT
Subject: Re: EOL Credit Responses 08/28/00
Tana:
The following CP is allowed to trade both US East and West power products
pursuant to the Master Energy Purchase and Sale Agreement dated as of Oct.
26, 1999. (I ok'd this w/ Leslie):
Public Service Company of Colorado
**************************
The following CPs are not authorized to trade US power products:
Koch Global Bandwidth Services, Inc.- Restricted by Credit
Texas Aromatics, Inc.- Restricted by Credit
Venoco, Inc. - Restricted by Credit
Thanks,
Shari
|
{
"pile_set_name": "Enron Emails"
}
|
Is it appropriate for a conference sponsor to use our name like this???
They've twisted our attendence into something approaching an endorsement.
Should we send a nasty letter? df
Lee Huber
04/04/2001 09:33 AM
To: Drew Fossum/ET&S/Enron@ENRON
cc:
Subject: Article
FYI
---------------------- Forwarded by Lee Huber/ET&S/Enron on 04/04/2001 09:33
AM ---------------------------
From: Gina Taylor/ENRON@enronXgate on 04/04/2001 08:51 AM
To: Martha Janousek/ENRON@enronXgate, Lee Huber/ET&S/Enron@ENRON
cc:
Subject: Article
FYI.............
Gina
World's Largest Energy Companies Attend TIBCO Software's Energy Technology
And Trading Conference
04/04/2001
PR Newswire
(Copyright (c) 2001, PR Newswire)
Enron, Dynegy, Texaco and Other TIBCO Customers That Depend on Real-Time
Trading and Systems Integration Meet In Texas
HOUSTON, April 4 /PRNewswire/ -- TIBCO Software Inc. (Nasdaq: TIBX) is
hosting more than 200 customers, partners and prospects at its annual Energy
Users Conference today through Thursday in Houston, Texas. Customer attendees
include Enron, Dynegy, Reliant Energy, El Paso Corporation, Altra Energy
Technologies, Coral Energy, Duke Energy, Mirant, Marathon, Texaco, TXU
Energy, Equiva, Williams and more. Systems Integrator participates include
Accenture, Luminant, Zetta Works, and Deloitte Consulting.
During the conference, TIBCO, a leading provider of real-time e-business
infrastructure software that powers real-time energy trading floors, will be
announcing several new customers, and a number of existing customers will be
demonstrating how they use TIBCO's energy business integration solution to
grow within any economic condition. Additionally, several of TIBCO's systems
integration partners will discuss how they depend upon TIBCO products to
create technology solutions specific to the energy industry.
"Companies that don't adopt technology solutions that enable real-time
Internet trading and systems integration, will not survive in the deregulated
energy market," said Vivek Ranadive, chairman and CEO, TIBCO Software.
"Real-time trading and systems integration is exactly what TIBCO's software
provides. That's why the world's leaders, and all of those looking to
catch-up, are attending this conference"
About TIBCO Software Inc.
TIBCO Software Inc. is a leading provider of real-time e-business
infrastructure software. TIBCO's four product lines -- TIBCO
ActiveEnterprise(TM), TIBCO ActiveExchange(TM), TIBCO ActivePortal(TM) and
TIBCO Extensibility(TM) -- enable businesses to integrate enterprise
applications, interact with other businesses in B2B commerce, and efficiently
deliver personalized information through enterprise portals. TIBCO's products
enable the real-time distribution of information through patented technology
called The Information Bus(TM), or TIB(R). TIB technology was first used to
digitize Wall Street and has since been adopted in diverse industries
including telecommunications, electronic commerce, manufacturing and energy.
TIBCO's global direct customer base includes more than 800 customers from
around the world such as Cisco Systems, Yahoo!, Ariba, NEC, Enron, Sun
Microsystems, GE Capital, Philips, AT&T, Pirelli and AOL/Netscape.
Headquartered in Palo Alto, California, TIBCO can be reached at 650-846-1000
or on the web at www.tibco.com.
Art
|
{
"pile_set_name": "Enron Emails"
}
|
Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 05/16/2001 04:26 PM -----
"US Publishing" <[email protected]>
05/16/2001 02:43 PM
Please respond to brice
To: "RT Reader" <[email protected]>
cc:
Subject: Restructuring Today, Wednesday May 16, 2001
(see attached file: rt010516.pdf)
Thank you,
Season Hawksley
US Publishing
800-486-8201
- rt010516.pdf
|
{
"pile_set_name": "Enron Emails"
}
|
Attached is PIRA's extended Daily Demand Report.
Please contact Morris Greenberg and Victoria Watkins for more information
regarding these reports at [mailto:[email protected]] and
[mailto:[email protected]], respectively. For distribution requests, contact
John Graziano at [mailto:[email protected]]. We can all be reached at (212)
686-6808.
- ed041901.pdf
- ed041901.xls
|
{
"pile_set_name": "Enron Emails"
}
|
The 4429 is good.
D
Michael Olsen@ENRON
04/09/2001 09:09 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: deal 710837
This was a weekend deal with Mirant. On your spreadsheet, the volume shows
4429. This is also the volume that I confirmed with Mirant. The deal is in
Unify for 5429. Could you please check and let me know which volume is good.
Mike
|
{
"pile_set_name": "Enron Emails"
}
|
PennFuture's E-cubed is a commentary biweekly email publication concerning
the
current themes and trends in the energy market.
June 14, 2001
Vol. 3, No. 11
?
A Rock and a Hard Place
?
Today, the Pennsylvania Public Utility Commission (PUC) voted 3-0 to approve
a settlement*proposed by FirstEnergy, GPU, the Office of Consumer Advocate,
the Industrial Intervenor groups and PennFuture*to resolve the
FirstEnergy/GPU merger and provider of last resort rate increase requests.
The PUC was faced with a seemingly intractable choice: grant a rate increase
that violates the rate cap and risk unraveling every utility rate cap and
stranded cost recovery decision in Pennsylvania, or just saying &no8 and
risk*according to GPU*creating a financially unstable distribution utility.
In approving the settlement, the PUC resolved the thorny issues raised by
the cases without excusing GPU,s failure to adequately plan its provider of
last resort service. Considering the circumstances, the result is good for
consumers, the companies and the environment.
But while Pennsylvania PUC approval was a major hurdle, the New Jersey Board
of Public Utilities must still approve the merger as well, and such approval
is anything but a sure thing.
Now that the PUC has made its decision, let,s break through the rhetoric,
assess the real issues in the proceeding and see how the settlement
addresses them.
The Problem
No matter who you are, how you look at it, or who you might blame, the
fundamental problem in this case is that GPU divested its generating assets
in 1998 and failed to protect its shareholders and customers from the
possibility of rising wholesale prices. In fact, wholesale prices did rise,
the retail generation rate caps remained intact, no competitive default
service was established, and GPU had insufficient long-term or lower-priced
generation contracts in place. Alone among Pennsylvania,s major utilities,
GPU was spending much more to buy wholesale generation than it was paid to
sell that generation to its native load customers.
The real problem then was that GPU was running out of cash or credit to buy
wholesale generation to meet its obligations. Although the company as a
whole continued to fare well financially, it became clear only towards the
end of the proceedings that the Commission and the public interest required
a solution which would enable GPU to continue to deliver provider of last
resort generation service, and to do so without breaking the rate caps. If
the Commission didn,t find a solution by June 15, GPU could have been frozen
out of the capital markets and would have come back to the Commission for
emergency rate relief*requiring a whole new set of proceedings concerning
the same facts.
The Solution
The preferred solution was to merge GPU and FirstEnergy and to establish an
accounting deferral for GPU energy costs. The merger is a good solution in
part because it overcomes the cash flow necessary to buy generation on the
market. Any cash generated by a modest rate increase trickles in over time
and is of secondary importance, so any modest rate increase wasn,t going to
solve the problem. FirstEnergy, a huge generation owner, can provide some of
the needed generation*even at market prices*without requiring the GPU
utilities to pay cash on time. With a merged company, there is plenty of
room for internal accounting flexibility. And, as a huge wholesale
generation player, FirstEnergy can also better manage wholesale purchasing.
The deferral is a good solution, too, because the rate caps remain 100%
intact. Consumers won,t pay more for electricity. Finally, GPU will be able
to re-enter the capital markets, and although they are given a lifeline, GPU
shareholders are not taken off the hook for the company,s past performance.
Thus, on May 24, 2001, the Commission approved the merger itself and allowed
GPU to establish deferral of generation expenses for accounting purposes.
The issues to be addressed in the settlement, as directed by the Commission
in its Order, concerned passing on merger-related benefits to consumers and
GPU,s generation costs. Today,s settlement addresses these directives by
extending the distribution rate cap from 2004 through 2007, rather than
violating the generation rate caps; providing a mechanism for GPU to write
off and/or recover its generation expenses from existing revenues over time;
establishing a demand-side response program to minimize future generation
expenses for the company and all consumers; and committing the company to
contribute $5 million now to the GPU Sustainable Development Funds and
invest another $10 million in renewable energy projects.
How the Deferral Accounting Works
The deferral provisions allow GPU to retain unrecovered generation costs on
its books until 2010 but doesn,t require GPU consumers to pay more as a
result. The rate caps are left 100% intact. Some excess generation costs
will be reduced on the company,s books if future energy prices decrease
sufficiently.
The settlement also increases the shopping credit modestly, while
correspondingly reducing the Competitive Transition Charge (CTC), so some of
the possible excess generation costs also may be recovered from existing CTC
revenue, which otherwise would have been applied against company stranded
costs. Doing so does not increase consumer payments, however, because the
1998 GPU Restructuring Settlement allowed CTC collection to continue as long
as 2020, in order to take into account the unknown level of non-utility
generation (NUG) costs and divestiture proceeds that were a major portion of
total GPU stranded costs.
The settlement cuts off CTC collection for GPU in 2015, rather than
permitting CTC collection from Met Ed customers to continue until as long as
2020. (Best current estimates are that the Met Ed CTC would have continued
to about 2018.) Now, any stranded costs not recovered by 2015 must be
written off, reducing consumer payment of stranded costs. This will provide
a modest improvement in the opportunity to shop and for a competitive market
to develop. Any remaining excess generation costs must be written off by
2010.
The settlement also redefines the way that NUG stranded costs are
calculated. Under the 1998 Restructuring Settlement, the amount by which NUG
payments exceed the market value capped rate are stranded costs. As changed,
only the portion of a NUG payment that exceeds the higher of the capped rate
or the market price is recoverable as stranded costs. This change corrects
what turned out to be an inaccurate assumption that the market price of
generation would always be below the capped rate, but it does not affect NUG
contracts in any way. The NUGs still get whatever they are entitled to under
their contracts without changes, and even benefit because their payor will
become the financially stronger merged FirstEnergy instead of GPU.
The Benefits
The primary, and crucial, benefit to the consumer is that provider of last
resort generation service will continue within capped rates. The primary
benefit to the company is that the deferral accounting allows the company
maximum flexibility to recover costs and to write off unrecovered costs.
But perhaps the most important aspect of the settlement is that it
establishes a firm commitment and mechanism for FirstEnergy to address the
underlying problem by reducing its exposure to high energy costs with a
comprehensive demand side response program. While the details of the program
remain to be developed, the company commitment includes an effort to
&maximize the cost-effective reduction of peak load8 through interval and
time-of-use metering, appliance control technologies and open architecture.
Its goals are to include participation by all customer classes and
competitive suppliers and to be available by next summer. If no program
agreement is reached, all parties may address the issues in a future
Commission proceeding.
The other environmental benefits are real, if not as comprehensive as one
might have preferred. FirstEnergy will give $5 million in company money to
the GPU Sustainable Development Funds within 60 days. This contribution is
in addition to those already made by GPU, but replaces the .01 cents/kwh of
GPU ratepayer money that might have been provided between 2005 and 2008 IF
the Commission did not change distribution rates by that time.
FirstEnergy, in consultation with PennFuture, will also invest an additional
$10 million in renewable energy. Like all provisions of the settlement, the
environmental provisions are subject to PUC oversight.
What the Settlement Does Not Do
First, the settlement does not really resolve what would happen in the event
that the merger falls through*if, for example, the New Jersey BPU rejects
the merger. All of the agreements would be tossed except the agreement to
deal with the deferral account for generation costs authorized by the
Commission on May 24. GPU would write off all generation costs prior to June
1, 2001, while it would recover the costs incurred after June 1, 2001 in a
manner and at a time to be determined in Commission proceedings. Nothing in
this provision assumes a rate increase or breaking the rate caps. For
example, the costs could be recovered in a manner comparable to the deferral
accounting in the event that the merger is completed.
The settlement also does not allow FirstEnergy to raid any pension funds.
Federal law and union contracts govern pension plan funding and tolerate
some withdrawals with major tax penalties. GPU unions support the
settlement.
The settlement does not shut down or clean up all of FirstEnergy,s fossil
generation plants, or figure out how to safely eliminate FirstEnergy,s
nuclear waste.
Finally, the settlement does not establish lower competitive wholesale and
retail market prices in the FirstEnergy and GPU territories or jump start
the competitive market.
Yeah, that would have been nice, too.
E-cubed is available for reprint in newspapers and other publications.
Authors
are available for print or broadcast.?
?
PennFuture (www.pennfuture.org), with offices in Harrisburg, Philadelphia
and Pittsburgh, is a statewide public interest membership organization,
which advances policies to protect and improve the state's environment and
economy. PennFuture's activities include litigating cases before regulatory
bodies and in local, state and
federal courts, advocating and advancing legislative action on a state and
federal level, public education and assisting citizens in public advocacy.
?
To unsubscribe, simply reply to this email with "unsubscribe" in the subject.
- vol3no11_61401.doc
|
{
"pile_set_name": "Enron Emails"
}
|
I couldn't resist...
> > Top 20 thinnest books
> > >
> > > > 20. BEAUTY SECRETS by Janet Reno
> > > > 19. HOME BUILT AIRPLANES by John Denver
> > > > 18. HOW TO GET TO THE SUPER BOWL by Dan Marino
> > > > 17. THINGS I LOVE ABOUT BILL by Hillary
>Clinton
> > > > 16. MY LIFE'S MEMORIES by Ronald Reagan
> > > > 15. THINGS I CAN'T AFFORD by Bill Gates
> > > > 14. THINGS I WOULD NOT DO FOR MONEY - by
>Dennis Rodman
> > > > 13. THE WILD YEARS - by Al Gore
> > > > 12. AMELIA EARHART'S GUIDE TO THE PACIFIC
>OCEAN
> > > > 11. AMERICA'S MOST POPULAR LAWYERS
> > > > 10. DETROIT - A TRAVEL GUIDE
> > > > 9. DR. KEVORKIAN'S COLLECTION OF MOTIVATIONAL
>SPEECHES
> > > > 8. EVERYTHING MEN KNOW ABOUT WOMEN
> > > > 7. EVERYTHING WOMEN KNOW ABOUT MEN
> > > > 6. FOR ALL THE MEN I'VE LOVED BEFORE - by
>Ellen DeGeneres
> > > > 5. MIKE TYSON'S GUIDE TO DATING ETIQUETTE
> > > > 4. SPOTTED OWL RECIPES - by the Sierra Club
> > > > 3. THE AMISH PHONE DIRECTORY
> > > > 2. MY PLAN TO FIND THE REAL KILLERS - by O.J.
>Simpson
> > > > 1. MY BOOK OF MORALS - by Bill Clinton
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com
|
{
"pile_set_name": "Enron Emails"
}
|
Julia, it was so good to talk to you. We do miss you around here.
When Steve gets back from vacation, we will email you and set
a lunch date.
Below is Sheila's address to send her a card. I know she would
appreciate your prayers and encouragement.
Mrs. Sheila Nacey
8630 Pine Falls Dr.
Houston, TX 77095
Phone - 281-550-4531
Take care and call anytime. Thanks. Lynn
|
{
"pile_set_name": "Enron Emails"
}
|
Dan,
This was the reaction that I just got from SMUD. I am assuming that we
didn't incorporate any of their language, which is fine. It would just be a
point of discussion if I could point out that we were working with their
language.
Thanks,
Kim
---------------------- Forwarded by Kim Ward/HOU/ECT on 03/12/2001 05:14 PM
---------------------------
Calvin Miller <[email protected]> on 03/12/2001 03:15:47 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE:
Kim-
I received your e-mail. I did not know that you were sending "your Master
Agreement". I'm not sure as to when I will be able to give a "new" review
of this agreement.
Calvin
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Monday, March 12, 2001 2:32 PM
To: [email protected]
Subject:
Calvin,
Attached is a draft copy of our Master Firm Physical Gas Agreement.
Please let me know what I can do to help facilitate the process required to
get this in place.
Thanks,
Kim
(See attached file: SMUD_enfolio_draft1_Mar_12.doc)
|
{
"pile_set_name": "Enron Emails"
}
|
Jeff- Sue-
On January 30 , an EES team is meeting with IBM in San Jose to cover a number
f issues, related top the IBM contract.
It would be very helpful to the team if one of you could attend the meeting
and present Enrons perspective on the California situation
Could you call Jeff Nieland ( 713 345 9352) to let us know if you could
participate.
We can fill you in on the details re: IBM over the phone.
chris
|
{
"pile_set_name": "Enron Emails"
}
|
Monica,
I have assumed Gabriel's responsibilities, so please send the basis report to
me each morning.
Thanks,
Robin
Gabriel Monroy
11/15/2000 07:59 AM
To: Robin Rodrigue/HOU/ECT@ECT
cc:
Subject: Basis Position Report
Good Morning!, almost afternoon for you.
How have you been getting this file if I do not see you on the distribution
list?
Gabriel
---------------------- Forwarded by Gabriel Monroy/HOU/ECT on 11/15/2000
07:54 AM ---------------------------
MONICA HWANG@EES
11/14/2000 04:55 PM
To: Chris Abel/HOU/ECT@ECT, Gabriel Monroy/HOU/ECT@ECT, Michael
Benien/Corp/Enron@ENRON, Neil Hong/HOU/EES@EES, Timothy J Hamilton/HOU/EES@EES
cc: Warren Prihoda/HOU/EES@EES
Subject: Basis Position Report
Please find the attached EES Basis Position Report.
Thanks,
Monica
|
{
"pile_set_name": "Enron Emails"
}
|
Jeff/Leslie/Barry---attached is a quideline that we developed on what our
"global" message on price risk management would be as we talk to PUCs across
the country and was intended to address the issue in both power and gas
markets. It's a good starting point and should obviously then be tailored to
each state's situation.
I am happy to jump on a call to discuss. I will be in Michigan on Monday,
but could be available between 9:30 and 12:00 eastern. (6:30-9:00
pacific--sorry Jeff!!). If you could leave me a voice mail about what time
to talk and whose number to call that would be great. #612-339-4599
If we decide to talk later in the week, I am not open on Tuesday until about
3:30pm central but Wednesday I'm pretty much available all day.
Jeff Dasovich
Sent by: Jeff Dasovich
07/13/2001 05:21 PM
To: Leslie Lawner/ENRON@enronXgate
cc: Barry Tycholiz/ENRON@enronXgate, Susan M Landwehr/NA/Enron@ENRON
Subject: RE: CA Instrate Gas matters
I can make time. Let's try to let Leslie vacation. Also, I'm having a memo
prepared that should be ready first thing Monday AM on the CA Commission's
policies regarding utility use of hedging instruments. Just let me know when
you'd like to talk.
Best,
Jeff
|
{
"pile_set_name": "Enron Emails"
}
|
Howdy, how's it going today?
|
{
"pile_set_name": "Enron Emails"
}
|
I am fine with your proposal. Mark
|
{
"pile_set_name": "Enron Emails"
}
|
how bout this one.
|
{
"pile_set_name": "Enron Emails"
}
|
Rain
Please forward Chris Meyer expense reports to Laura
-----Original Message-----
From: [email protected] [mailto:[email protected]@ENRON]
Sent: Thursday, April 12, 2001 10:55 PM
To: [email protected]
Subject: <<Concur Expense Document>> - ChrisMeyer041001
The following expense report is ready for approval:
Employee Name: Chris Meyer
Status last changed by: Automated Administrator
Expense Report Name: ChrisMeyer041001
Report Total: $837.87
Amount Due Employee: $837.87
To approve this expense report, click on the following link for Concur Expense.
http://xms.enron.com
|
{
"pile_set_name": "Enron Emails"
}
|
Hi Karen,
Could I get a copy of whatever the latest version is of the GE consent for
Pastoria? We have a potential deal coming up to move some frames out of
TurboPark, so I would like to see the current state-of-the-are version.
Thanks,
Kay
|
{
"pile_set_name": "Enron Emails"
}
|
?
To Judge Biren and All Parties in I.99-07-003:
?
??? I am enclosing, with this e-mail, the "Prepared Direct Testimony of
Richard H. Counihan of GreenMountain.com on Behalf of Core Aggregators in
support of the Comprehensive Settlement Agreement" that has been designated
as Exhibit 7 in this proceeding.? A hard copy of this document is being
served today by U.S. Mail.
?
??? There are two documents attached to this e-mail:? the prepared direct
testimony; and the title page and table of contents.? If you have any
problems opening the attachments (in "Word" format), please do not hesitate
to call me at (619)699-2536.
?
??????????????????????? -John Leslie
?
?
?
**************
CONFIDENTIAL
Luce, Forward, Hamilton & Scripps LLP
600 West Broadway
Suite 2600
San Diego, CA 92101-3391
(619) 236-1414
The information contained in this electronic mail transmission is
confidential and intended to be sent only to the stated recipient of the
transmission.? It may therefore be protected from unauthorized use or
dissemination by the attorney-client and/or attorney work-product
privileges.? If you are not the intended recipient or the intended
recipient's agent, you are hereby notified that any review, use,
dissemination, distribution or copying of this communication is strictly
prohibited.? You are also asked to notify us immediately by telephone and to
return the original document to us immediately by mail at the address
above.? Thank you in advance for your cooperation.
-----Original Message-----
From: Biren, Andrea [mailto:[email protected]]
Sent: Thursday, May 04, 2000 1:44 PM
To: '[email protected]'; Biren, Andrea; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
Ortega, Barbara; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; Farrar, Darwin; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; Quan, Edwin; '[email protected]';
'[email protected]'; '[email protected]';
'[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]'; Tran,
Lana; '[email protected]'; '[email protected]'; McNamara, Michael D.;
'[email protected]'; '[email protected]';
'[email protected]'; '[email protected]';
'[email protected]'; Gileau, Patrick L.; Myers, Richard A.;
'[email protected]'; White, Rosalina;
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; Pocta, Robert M.; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; '[email protected]'; Sarvate,
Sarita; '[email protected]'; '[email protected]';
'[email protected]'; '[email protected]'; Horner, Trina;
'[email protected]'; '[email protected]'; Beck, Valerie
Subject: Prepared Testimony in I 99-07-003
It has been brought to my attention that the April 12, 2000 ruling re
testimony says, in Ordering Paragraph 4, that testimony shall be FILED on
May 5.? This word was inadvertently employed.? Testimony should be served on
the service list and lodged with me.? It should not go to the Docket
office.? Testimony will become part of the record after motions to strike
are ruled upon and witnesses have adopted their testimony at the hearing.
I am sorry for the confusion caused by the incorrect choice of words.
- Core Aggregators - Cover-Table of Contents - Counihan's Prepared Direct
Testimony of GreenMountain.com in Support of Gas Oil Comprehansive Sttlmt.doc
- Core Aggregators - Counihan's Prepared Direct Testimony of
GreenMountain.com in Support of Gas Oil Comprehansive Sttlmt.doc
|
{
"pile_set_name": "Enron Emails"
}
|
Start Date: 4/18/01; HourAhead hour: 22; No ancillary schedules awarded. No
variances detected.
LOG MESSAGES:
PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041822.txt
---- Generation Schedule ----
*** Final schedule not found for preferred schedule.
Details:
TRANS_TYPE: FINAL
SC_ID: ECTRT
MKT_TYPE: 2
TRANS_DATE: 4/18/01
UNIT_ID: WSENGY_1_UNIT 4
|
{
"pile_set_name": "Enron Emails"
}
|
Group,
We are starting to see some market changes as we transition into the winter months.
First:
With EPE we will start seeing a severe morning ramp. We will have to carefully manage the units to prevent "swinging" them and increasing the chance of a unit outage. As the EPE loads plummet off-peak, we should consult the unit commitment, and depending on market conditions look to take units off-line and/ or put units on manual and buy energy back. Recently we have sold energy from EPE at a loss rather than putting costly gas turbines on manual (Newman 1, 2 and 3), reducing them, and buying that energy less expensively in the market. Our relationship with EPE is at a critical stage, they have a new vice-president and will be hiring new management to lead their marketing group. We would like to be a part of EPE's marketing effort going forward, but need to continue to prove that our level of service cannot be matched either in-house or by other marketers. I look to each member of the group to be a part of this effort and to work closely to run the EPE grid as efficiently as possible.
Second:
The morning ramp will soon be upon us in the Northwest. It will become very difficult to get energy in the Nortwest for HE 6 through HE 10. We should look for congestion possibly on the COI and the DC. Also, as lights and heaters come on in the evening, there should be another jump in load at HE 18 through HE 20. Enron Calgary will also be looking for energy these hours. Be sure to take this load movement into consideration if you lock a price in with ECC.
Finally:
We will have a meeting on TUESDAY--November 6th at 4:30 in the afternoon--(the first Tuesday as usual) to discuss market changes, peformance reviews and the final two months of the year.
Please see me with any questions regarding the system.
Thank you.
Bill
|
{
"pile_set_name": "Enron Emails"
}
|
We have a game this Wednesday @ 7:00. Pleas let me know whether or not you
will attend.
Thanks,
Eric
|
{
"pile_set_name": "Enron Emails"
}
|
You are invited to join in the excitement of Texas in the Big XII Championship game this Saturday at 7 PM at my apartment. We will provide the food. Let me know if you guys are interested.
My apartment is at 4848 Pin Oak Pk. #1503 Houston 77081.
goto mapquest.com for directions.
-Eric
|
{
"pile_set_name": "Enron Emails"
}
|
Tana -
I do not have any major problems with the Loudcloud NDA; however, there are
some areas that require modifications.
Let's send our form to them, indicating this is the form we prefer, and see
what they say.
Let me know if you should need anything further.
By the way, who at Enron is requesting the NDA and do we know what we are
going to be discussing?
Mark
Senior Counsel, ENA
Phone: 713-345-8897
Facsimile: 713-646-3940
E-Mail: [email protected]
Tana Jones@ECT
04/25/2001 01:52 PM
To: Mark Greenberg/NA/Enron@ENRON
cc:
Subject: FW: Loudcloud Mutual NDA
Should we reject this from this onset or do you think it is OK?
----- Forwarded by Tana Jones/HOU/ECT on 04/25/2001 01:51 PM -----
Mark S Palmer/ENRON@enronXgate
04/25/2001 01:40 PM
To: Tana Jones/HOU/ECT@ECT
cc: Stephanie Segura/ENRON@enronXgate
Subject: FW: Loudcloud Mutual NDA
Hi Tana--
This is an NDA Loudcloud sent to us. They are a potential vendor.
Can we sign this or do we need to send them one of ours?
Thanks,
Mark Palmer
-----Original Message-----
From: Kathy Weber <[email protected]>@ENRON
[mailto:IMCEANOTES-Kathy+20Weber+20+3Ckathy+40loudcloud+2Ecom+3E+40ENRON@ENRON
.com]
Sent: Tuesday, April 24, 2001 3:40 PM
To: [email protected]
Cc: Dana Bouterie
Subject: Loudcloud Mutual NDA
Mark,
Greetings. I work with Dana Bouterie here at Loudcloud. She suggested
I provide you with our mutual NDA. As our discussions progress we want
to make sure we protect both parties. The NDA is attached below and can
be faxed back to me at 866-488-4646. If you have any questions, please
do not hesitate to give me a call.
Best regards,
Kathy
--
Kathy Weber
Loudcloud
Sales Representative
Phone: 408-744-7807
Fax: 408-744-7382
mailto:[email protected]
http://www.loudcloud.com
- Loudcloud Mutual NDA.pdf
|
{
"pile_set_name": "Enron Emails"
}
|
Tana
I trade wti contracts on the nymex exchange. I don't understand what this
message is about. Can u help me?
regards
chris glaas
Enron Capital & Trade Resources Corp.
From: Mark Taylor @ ENRON 06/22/2000 01:39 AM
Sent by: Enron Announcements@ENRON
To: Everyone_in_ECT_Calgary, Everyone_in_ECT_London, Everyone_in_ECT_Denver,
Everyone_in_ECT_Singapore
cc:
Subject: Enron North America Corp. NYMEX Hedge Exemption Applications
We are in the process of preparing applications for position limit exemptions
for ENA,s NYMEX energy commodities futures trading. These applications
require that ENA represent whether its officers, employees, owners, or agents
have a power of attorney, control or have a financial interest in any other
related commodity future(s) account either individually or acting with
another person pursuant to express or implied agreement.
Please direct any responses to my paralegal, Tana Jones, via intercompany
email or call her at (713) 853-3399 by the end of business Friday, June 30,
2000 if you have any power of attorney, control or have a financial interest
in any commodity futures account (other than an ENA or other trading
affiliate account).
IF YOU DO NOT HAVE A COMMODITY FUTURES ACCOUNT, YOU DO NOT NEED TO RESPOND TO
THIS REQUEST.
|
{
"pile_set_name": "Enron Emails"
}
|
Please see below for your current vacation balance, as of September 30th pay period:
240 hours
Thank you,
Irena Hogan
Sr. Administrative Assistant
Enron Americas
(713) 853-6143
|
{
"pile_set_name": "Enron Emails"
}
|
Due to all the teams being on different floors, I am very concerned about coverage
by John and Terry to accommodate all the team needs.
Here is a plan I would like to propose for now through March, 2002.
Terry concentrates on all TW issues and testing since he will be on 13 with the team.
John concentrates on NNG North end and testing since he will be on 42 with the NNG team
Mike concentrates on NNG South end and testing since he will be on 42 with the NNG team
As each of you are on vacation, then the other 2 will cover your area.
Another option is to have Larry and Raetta help out with the NNG teams during this time frame
Let's discuss on Wednesday after you have had a day to think about this.
Thanks. Lynn
|
{
"pile_set_name": "Enron Emails"
}
|
Confirmation of date & time for UT Summer Analysts & Associates Luncheon:
Date: Friday, July 21
Time: 11:30 AM
Location: EB 50M Dining Room
|
{
"pile_set_name": "Enron Emails"
}
|
i don't remember half of that night, but i do remember you in the bathroom.
sierra is fun on wednesdays isn't it?
|
{
"pile_set_name": "Enron Emails"
}
|
Michelle -
Since this deal is beginning to heat up again, I wanted to get you back in
the loop. The earlier e-mail is a good overview of the structure proposed
for ownership. Some minor movement of employees may be required, but it is
not anticipated at this time that many, if any, employees will be
terminated. A few key individuals have change of control severance
agreements, but overall there is no change of control trigger affecting the
employee base.
I have attached a copy of the Legal Risk Memo I provided to Mark H. in
advance of approvals. It contains a summary of the deal and a general
outline of the identified issues, including two related to pension issues in
Quebec. I thought this might be helpful as a kick-start back into the deal.
Please let me know if you should need anything further or have any questions.
Mark
Senior Counsel, ENA
Phone: 713-345-8897
Facsimile: 713-646-3940
E-Mail: [email protected]
|
{
"pile_set_name": "Enron Emails"
}
|
Your talk is cheap. I sat next to your Dad all day yesterday at the KMI investor conference. We had a good chat. Talk to you soon.
Ben
-----Original Message-----
From: Andrew Slocum <[email protected]>@ENRON
Sent: Thursday, January 17, 2002 9:56 AM
To: Rogers, Benjamin
Subject: Tennis Sunday?
After church, after lunch/brunch, you are going down! 3:00.
|
{
"pile_set_name": "Enron Emails"
}
|
eSource presents Piranha Web training
Piranha Web offers an online connection to complete company analysis via
content that includes Disclosure, Worldscope, Datastream and I/B/E/S. The
product is designed to allow users to get complete company fundamental
financials, earnings estimates, and market data.
Training Agenda Includes:
? General Introduction.
? Basic ticker query building
Attend our Piranha Clinic:
May 11 - 9:00 -10:00 AM EB572
Seats fill up fast! To reserve a seat, please call Stephanie E. Taylor at
5-7928
Check the eSource training page at http://esource.enron.com/training.doc for
additional training sessions and vendor presentations
http://esource.enron.com
|
{
"pile_set_name": "Enron Emails"
}
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/07/2000
09:43 AM ---------------------------
"NW Security and Bug Patch Alert" <[email protected]> on
03/07/2000 08:22:13 AM
Please respond to "Security and Bug Patch Alert Help" <[email protected]>
To: <[email protected]>
cc:
Subject: Welcome
NETWORK WORLD FUSION FOCUS: JASON MESERVE on
SECURITY AND BUG PATCH ALERT
TODAY'S FOCUS: BUG ALERT: WELCOME
03/06/00
Dear Wincenty Kaminski,
Today's Focus: Bug Alert: Welcome
---------------------------------------------------------------
By Jason Meserve
Welcome to the Security and Bug Patch Alert newsletter!
Given the recent spate of high-profile denial-of-service and hack
attacks and the large number of people who have signed up for this
newsletter before this first edition has been even published, it is
clear that security is a major concern in the IT community as it
should be.
With technology now being looked upon as a profit rather than cost
center, IT departments face more pressure to keep critical systems up
and running as well as secure. No chief information officer or network
manager wants to have to tell the CEO that their e-commerce site has
been broken into and customer credit card data copied. Stories like that
tend to stick in a potential customer,s mind more than an expensive
Super Bowl ad.
It,s hard enough to keep up with the latest new technologies, never mind
latest security patch for your operating system or e-commerce
application. But we,re here to help.
Once a week we,ll publish a list of patches and alerts from all the
major vendors and security organizations with links to the source. We,ll
also provide other (hopefully) useful resources for the security-
conscious IT manager.
Comments and suggestions are always welcome! Send mail to
[email protected].
Now on with the latest patches and alerts:
Security glitch hits Foundry switches
From this week,s Network World: A security problem has cropped up in
Foundry Networks, ServerIron switches that make the devices susceptible
to denial-of-service attacks.
Read the story:
http://www.nwfusion.com/archive/2000/89454_03-06-2000.html
Download the patch:
http://www.foundrynet.com/bugTraq.html
********
New version of Apache Web server released
The Apache Server Project released Version 1.3.12 of the popular Apache
Web server this week. The new release fixes what Apache calls a cross-
site scripting problem that could allow malicious HTML tags to be
inserted into client-side scripts. Download the new version at:
http://www.apache.org/dist/
********
Problem with Linux htdig package
Both FreeBSD and Debian are reporting a problem with the htdig package
that runs on their respective platforms. The problem is with the
htsearch and could allow a user to read any file on the local machine
accessible to the user ID that the script is running under (which in
most cases is +nobody,).
For more information from Debian:
http://www.debian.org/security/
to download a patch from FreeBSD:
http://www.freebsd.org/ports/
********
nmh Linux package patched
Versions of nmh prior to 1.0.3 have a vulnerability that could allow
malicious users to modify the MIME headers in a mail message that may
cause nmh,s mshow command to execute arbitrary commands. A patch is
available at:
ftp://ftp.mhost.com/pub/nmh/nmh-1.0.3.tar.gz
********
Zombie Zapper 1.1 available
Zombie Zapper 1.1 helps shut down the Troj_Trinoo denial-of-service
client on Windows NT and Unix machines. More information at:
http://razor.bindview.com/tools/index.shtml
********
Problem with MySQL password authentication
According to the makers of FreeBSD, a vulnerability in the MySQL
database server (prior to Version 3.22.32) could allow anyone that can
connect to the database to access it without a password. More
information at:
http://www.mysql.com/Manual_chapter/manual_Privilege_system.html
********
To contact Jason Meserve:
-------------------------
Jason Meserve is a staff writer with Network World, covering search
engines, portals, videoconferencing, IP Multicast and document management.
He also oversees the "Security Alerts" page on Fusion
(http://www2.nwfusion.com/security/bulletins.html). Jason can be reached
at mailto:[email protected].
*********************************************************
Subscription Services
To subscribe or unsubscribe to any Network World e-mail newsletters,
go to:
http://www.nwwsubscribe.com/news/scripts/notprinteditnews.asp
To change your email address, go to:
http://www.nwwsubscribe.com/news/scripts/changeemail.asp
Subscription questions? Contact Customer Service by replying to this
message.
Other Questions/Comments
Have editorial comments? Write Jeff Caruso, Newsletter Editor, at:
mailto:[email protected]
For advertising information, write Jamie Kalbach, Account Executive,
at: mailto:[email protected]
Network World Fusion is part of IDG.net, the IDG Online Network.
IT All Starts Here:
http://www.idg.com
Copyright Network World, Inc., 2000
|
{
"pile_set_name": "Enron Emails"
}
|
-----Original Message-----
From: Rangel, Ina
Sent: Monday, October 29, 2001 2:12 PM
To: Young, Becky; Vuittonet, Laura; Hogan, Irena D.; Villarreal, Alexandra; Bates, Kimberly; Presas, Jessica
Subject: FW: Presentation Announcement
Please forward
-----Original Message-----
From: Crenshaw, Shirley
Sent: Thursday, October 25, 2001 2:15 PM
To: Black, Tamara Jae; Rangel, Ina; Coneway, Betty J.
Subject: Presentation Announcement
Hello everyone:
Would you please forward this announcement to your groups? I really appreciate your help!
Thanks!
Shirley Crenshaw
*************************************************************************************************************************************************
You are invited to attend the following presentation:
PSIM: A Power Simulation Tool
PSIM is a proprietary model developed by Enron Research Group.
? It takes Power, Gas, Weather and demand information into consideration and
uses Monte-Carlo simulation to assess the expected deal value and risk distribution.
? It evaluates complex electricity related contracts such
as Full Requirement and load following contract.
? It also provides a valuation tool for power assets and asset management deals.
? It works for both deal specific or portfolio issues.
In this presentation we will show how the model can be used to deal with various types
of contracts, explain the model structure and point out further applications.
Date: October 30, 2001
Time: 4:00 pm
Location: EB5C2
Presenter: Alex Huang
Registration is required for a head count.
Please call Shirley Crenshaw at 3-5290 to register.
Pizza and soft drinks will be served.
|
{
"pile_set_name": "Enron Emails"
}
|
Sorry for losing my cool with you earlier. I have had a difficult few weeks
with some people in your group and took some of my frustration with them out
on you. Thanks for your help and thanks for not ripping on me too hard.
Hope you have a good weekend.
PL
|
{
"pile_set_name": "Enron Emails"
}
|
FYI
---------------------- Forwarded by Jeff Duff/EWC/Enron on 05/28/2002 01:14
PM ---------------------------
Kim Nguyen
05/23/2002 12:20 PM
To: Jeff Duff/EWC/Enron@ENRON
cc:
Subject: Re: downtime allocation document and parameter list
attached is the file you've requested. My testing documentation is exactly
the same, except in different format.
hope this help!
Kim
---------------------- Forwarded by Kim Nguyen/EWC/Enron on 05/23/2002 12:32
PM ---------------------------
Garth Ripton
04/16/2002 12:33 AM
To: Erik Ellis/EWC/Enron@Enron
cc: Kim Nguyen/EWC/Enron@Enron
Subject: Re: downtime allocation document and parameter list
Hi Erik,
I worked on this for a little while last night but I couldn't get a modem
connection from the Hotel. I hope the timing is OK. The confirmed counters
are highlighted in green. The counters that need to be corrected are
highlighted in red. Most of the corrections are due to the fact that the
fault/status messages that are the result of enabling a "manual" operation
mode (for example, manual yaw) increment the maintenance counter not the
"turbine OK" counter. Unfortunately, there are many faults that we could not
confirm using the turbine simulator. If you have any questions Kim Nguyen is
the person who did the actual testing. I forwarded the results to Mark
Fischer and Mark Walker so they could check to see if this is the way we want
the counters incremented for the given fault conditions but have yet to get
any feedback. The faults that we could not test should be confirmed by
looking at the Bachmann software. Hopefully this will occur in the near
future. For now, this is the best information we have.
-Garth
|
{
"pile_set_name": "Enron Emails"
}
|
The Legal/Credit meeting scheduled for tomorrow has been postponed 1/2 hour
until 2:30 pm.
|
{
"pile_set_name": "Enron Emails"
}
|
I'm up for going to watch it somewhere. Give me a call on my cell phone
tonight or tomorrow - 713-628-3104.
"Bass, Jason" <[email protected]> on 01/05/2001 01:15:47 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: New Years
I had no plans to watch it, but I was going to see if you might want to go
and watch somewhere.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Friday, January 05, 2001 11:52 AM
To: Bass, Jason
Subject: RE: New Years
i was planning on watching at home. are you going to watch it somewhere?
"Bass, Jason" <[email protected]> on 01/05/2001 11:26:35 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: New Years
Where are you going to do this?
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Friday, January 05, 2001 11:25 AM
To: Bass, Jason
Subject: RE: New Years
yeah why
"Bass, Jason" <[email protected]> on 01/05/2001 11:10:28 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: New Years
Are you watching football tomorrow?
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Friday, January 05, 2001 11:10 AM
To: Bass, Jason
Subject: RE: New Years
not yet but i will let you know
"Bass, Jason" <[email protected]> on 01/05/2001 11:08:23 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: New Years
Eric,
Did you ever hear anything back from America West?
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, December 27, 2000 9:49 AM
To: Bass, Jason
Cc: [email protected]
Subject: New Years
Jason,
Shanna and I were wondering what you and Donnita were doing for New Years?
-Eric
|
{
"pile_set_name": "Enron Emails"
}
|
RIGZONE DAILY NEWS -- TUESDAY, MARCH 12, 2002
------------------------------------------------------------
Daily News from the worldwide upstream oil & gas industry
to view the complete version, please go to:
http://www.rigzone.com/newsletter_show.asp?n_id=245
------------------------------------------------------------
|
{
"pile_set_name": "Enron Emails"
}
|
Hello Doug Gilbert-Smith,
RWR would like to welcome you again to our second edition of Sound Energy. You will receive this publication on a free trial basis for the next 45 days.
Every two weeks, we look at energy companies and sectors that strive to make energy more efficient or the environment cleaner. These
sectors include renewable energy (including wind and solar power),
distributed generation (fuel cells and microturbines), and power
semiconductors.
This edition includes:
- Feature Article: Is Wind Still Blowing? A closer look at the U.S. wind market.
- Overview of renewables, distributed generation and power semiconductor sectors.
Download this report from the <a href='http://www.reedwasden.com/members/download.asp?ID=108&[email protected]'>Reed Wasden website</a>. If a link does not appear above please goto http://www.reedwasden.com/members/download.asp?ID=108&[email protected] to download the report.
Thank you,
The Sector Reports Team
As always, we welcome any feedback on our research including questions and opinions. To be removed from this mailing, reply to this email with 'UNSUBSCRIBE-Sector Reports' in the subject field.
|
{
"pile_set_name": "Enron Emails"
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|
Deer All:
Chris and his crew of Tobby and Bobby and Joe and I managed to do some solid
work on Saturday. In addition to standard spring shut down of stands
(closing up blinds and pulling motors off barrels) we moved some blinds
around.All should be impressed with the new stand arrangements in the half
section.
BONE YARD
The tower blind at Pig stand has been relocated to the boneyard. The stand
was placed very close to where the ground blind and tripod were originally
located. It is well hidden and the barrel and feed pen were moved back to
there original location. Standing at the feeder and looking back at the
stand, all you see is from the gun window up and that blends into an oak
motte behind the stand.
PIG STAND (new)
The ground blind was then moved from boneyard to a new location just west
and a little north of the windmill and tank in the half section. The spot is
very good, providing a look due west for several hundred yards into the
heart of the draw in the half section. You can also look south a long way
and have good view of a game trail leading to the tank.
We moved the feed pen around the corn barrel at the old pig stand and set it
up in this new location. The protein barrel stayed put and is about 500
yards to the south and west.
Mertz has reclaimed two of his barrels and two of his spincast motors (I
gave him the poorest performing motors and the two barrels without varmit
cages). As a result, we needed to pull the 30/30 barrel to locate at the new
pig stand. We took the 10 foot tripod back to the trailer. This leaves us
with 9 solid stand locations. 9 good feeders (assuming the Lehman feeder at
boneyard is working well and sweeny is working). We will need to make a
magnum conversion on the barrel at the mesquite flat for next year. IF all
motors are working we will have two green tubes for back ups. I think we
should invest in one more magnum motor as a back up. I will look for one on
sale.
Keith, the new pig stand is ready to hunt with the old box blind from
boneyard, so the construction of a new box is not necessary. HOWEVER, if you
and the boys need a summer project, a lonestar type size box would be great,
but it does not need a tower. A couple of cinder blocks or those concrete
blocks at the trailer is all the height you need. Any more and it actually
won't work. The blind location is under a big oak (like the hideout), a
tower of any height will raise the box up too high into the branches. Also,
Chris should have brought home the lehman feeder motor. the time was right,
but would not test fire. Don't know if battery was completely dead (solar
deal was hooked up) or if its motor is shot. Please check it out so we can
have confidence in that motor next year. It gave us a bad time at the
boneyard last season.
Next Fall's work weekend should be easy, if we have solid participation from
lease members. It would be a good idea to look at your calendars now. Labor
day will be out for me this year (although everyone else is welcome to
select that and run with it). How about the 14th or 28th?? Please check your
calendars and let me know what works best for you.
Fall TO DO
1)standard filling barrels, putting on motors, trimming shooting lanes and
opening up blinds (killing wasps, oiling chairs).
2)switch barrels at showtime and hole to allow hole to hold more bags of
corn. This will increase the capacity and hopefully allow it to remain full
if we have rain that prevents us from getting down there to refill the
feeder.
3)little bit more chainsaw work at boneyard to open up shooting lanes to
west towards fence and south.
4)Install new box at pig stand??? If keith and boys build one.
5)Install lock on trailer door to protect valuables (kegerator and beer)
6)Install lock on gun cabinet for child saftey.
7)Hunt doves and drink draft beer, sweat and smell bad.
Erik.
_________________________________________________________________
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|
{
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}
|
----- 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
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|
{
"pile_set_name": "Enron Emails"
}
|
Team,
As I mentioned in our HPL staff meeting we are investigating the merits of
entering into a joint venture or another transaction structure that will
position HPL to effectively compete in the Texas intrastate market. Our
primary objective is to gain access to additional sources of gas supply and
achieve the required economies of scale to compete with other intrastate
pipelines. I would appreciate your confidence and support in developing the
optimal course of action for HPL and for Enron.
The skills that we have developed in our group are critical to growing our
Upstream Origination business in N. America, as well as to the ongoing
operation of HPL. Our origination strategy is to leverage our business
operations, field operations, engineering, producer services, and marketing
skills to capture value from transportation, gathering, storage and commodity
opportunities on the gas/power grids. We need our current employees to
accomplish this objective across N. America.
We have proven our ability to add value to Enron by developing the
Powder/Wind River pipelines, installing electric compressors, contracting for
processing capacity, and establishing a new gas supply corridor along the
Gulf Coast. Our recent efforts to provide services such as business
operations, measurement, trading/marketing, and accounting services to third
party producers and pipelines also looks to be a promising growth opportunity.
It is very important to our ongoing business relationships and our
competitive position in the market place that we DO NOT discuss HPL related
matters with third parties. Please come see me if you have any specific
questions or concerns. Also please refer any third party inquiries regarding
HPL to Tim Determing.
Regards,
Brian
|
{
"pile_set_name": "Enron Emails"
}
|
TODAY'S HEADLINES
The New York Times on the Web
Saturday, November 17, 2001
------------------------------------------------------------
For news updated throughout the day, visit www.nytimes.com
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QUOTE OF THE DAY
=========================
"Sometimes if I go to a household and they're all
Americans, I'll cover my name, I don't want them to
think of me as Arab, I want them to think of me as
police."
-DANIEL SAAB, an Arab American who is a police officer in Dearborn, Mich
http://www.nytimes.com/2001/11/17/national/17DEAR.html?todaysheadlines
NATIONAL
=========================
Suspicious Letter to Senator Tests Positive for Anthrax
Investigators searching through unopened mail sent to
Capitol Hill discovered another letter that contained
anthrax.
http://www.nytimes.com/2001/11/17/national/17LETT.html?todaysheadlines
-----
F.B.I. Chief Says Failed Sept. 11 Hijackers May Remain at
Large
Director Robert S. Mueller III of the F.B.I. said that
there might be others still alive who intended to
commandeer airplanes on Sept. 11.
http://www.nytimes.com/2001/11/17/national/17BURE.html?todaysheadlines
-----
Usefulness of SAT Test Is Debated in California
The president of the University of California is continuing
his crusade against the use of SAT scores in college
admissions in his university system.
http://www.nytimes.com/2001/11/17/education/17EXAM.html?todaysheadlines
-----
MORE NATIONAL NEWS:
http://www.nytimes.com/pages/national/index.html?todaysheadline
/--------------------- ADVERTISEMENT ---------------------\
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Japanese. Listen for free now.
http://ads.nyt.com/th.ad/th-audible82/audible11.17.html/?_RM_REDIR_=http://www.audible.com/nyt/anon11
\---------------------------------------------------------/
INTERNATIONAL
=========================
Leader Described as Ready to Flee Talibans Bastion
Mullah Muhammad Omar was reported on Friday to be ready to
abandon the city of Kandahar, as American commandos were
engaging in intense combat.
http://www.nytimes.com/2001/11/17/international/asia/17MILI.html?todaysheadlines
-----
Bin Laden Aide Reported Killed by U.S. Bombs
Mohammed Atef, a supsected planner of the terrorist attacks
on Sept. 11, is believed to have been killed in an American
airstrike.
http://www.nytimes.com/2001/11/17/international/asia/17NETW.html?todaysheadlines
-----
In 2 Abandoned Kabul Houses, Some Hints of Al Qaeda Presence
Apparent Qaeda presence in a Taliban defense ministry
building suggest that Osama bin Laden's organization was
closely linked to the radical Islamic government.
http://www.nytimes.com/2001/11/17/international/asia/17HOUS.html?todaysheadlines
-----
MORE INTERNATIONAL NEWS:
http://www.nytimes.com/pages/world/index.html?todaysheadline
BUSINESS
=========================
After 15 Years, Warnaco Chief's Short Goodbye
Linda J. Wachner, once among the highest-paid, best-known
businesswomen in the nation, was fired without severance as
chief executive of the Warnaco Group.
http://www.nytimes.com/2001/11/17/business/17WARN.html?todaysheadlines
-----
Interest Rates on Treasuries Return to Pre-Sept. 11 Levels
Interest rates on Treasury securities shot sharply higher
this week, in one of their biggest weekly moves in recent
history.
http://www.nytimes.com/2001/11/17/business/17BOND.html?todaysheadlines
-----
Mexico Seen Trying to Halt Oil Price
Mexico, a nation with divided sympathies about how much oil
should cost, is setting out on a round of shuttle diplomacy
that analysts said seemed intended to head off an oil price
war.
http://www.nytimes.com/2001/11/17/business/worldbusiness/17OIL.html?todaysheadlines
-----
MORE BUSINESS NEWS:
http://www.nytimes.com/pages/business/index.html?todaysheadline
TECHNOLOGY
=========================
Disputed Phone Licenses Transferred to Big Carriers
The Federal Communications Commission reached a deal to
transfer ownership of $16 billion worth of disputed mobile
phone licenses to some of the nation's biggest wireless
carriers.
http://www.nytimes.com/2001/11/17/technology/17SPEC.html?todaysheadlines
-----
To Forestall a 'Digital Pearl Harbor,' U.S. Looks to System
Separate From Internet
The Bush administration is considering the creation of a
secure new government communications network separate from
the Internet that would be less vulnerable to attack.
http://www.nytimes.com/2001/11/17/technology/17INTE.html?todaysheadlines
-----
Hewlett Son Goes to S.E.C. in Fight Against Compaq Deal
Walter Hewlett has made a regulatory filing that will permit
him to lobby shareholders to fight the planned acquisition
of the Compaq by Hewlett-Packard.
http://www.nytimes.com/2001/11/17/technology/17HEWL.html?todaysheadlines
-----
MORE TECHNOLOGY NEWS:
http://www.nytimes.com/pages/technology/index.html?todaysheadline
POLITICS
=========================
Racing to Offer the Details of a Plan on Airline Security
Federal officials began struggling with the immense
challenge of hiring and training 28,000 new federal
employees to screen passengers and baggage at all airports
within 12 months.
http://www.nytimes.com/2001/11/17/national/17FLY.html?todaysheadlines
-----
To Forestall a 'Digital Pearl Harbor,' U.S. Looks to System
Separate From Internet
The Bush administration is considering the creation of a
secure new government communications network separate from
the Internet that would be less vulnerable to attack.
http://www.nytimes.com/2001/11/17/technology/17INTE.html?todaysheadlines
-----
Hue and Murmur Over Curbed Rights
Opinions among liberals and civil libertarians are split
over whether plans for a military tribunal and questioning
of recently arrived immigrants are an affront to
established freedoms.
http://www.nytimes.com/2001/11/17/national/17LIBE.html?todaysheadlines
-----
MORE POLITICS NEWS:
http://www.nytimes.com/pages/politics/index.html?todaysheadline
SPORTS
=========================
Nets Top Knicks Without a Fight
The Nets raced to a 23-point halftime lead, turned back the
Knicks' 21-point rally and finished with a win that lifted
them to a 7-1 record.
http://www.nytimes.com/2001/11/17/sports/basketball/17NETS.html?todaysheadlines
-----
Knight Enjoys Spirit of Old West
Controversial coach Bob Knight returned to basketball,
steering his new Texas Tech team to a win and looking as if
he had not missed a day of breathing and thinking
basketball.
http://www.nytimes.com/2001/11/17/sports/ncaabasketball/17TECH.html?todaysheadlines
-----
Gloves Are Off When Florida Meets Florida State
The Florida-Florida State game on Saturday is not quite as
important as it has been in recent seasons, but the matchup
still promises to live up to its contentious history.
http://www.nytimes.com/2001/11/17/sports/ncaafootball/17COLL.html?todaysheadlines
-----
MORE SPORTS NEWS:
http://www.nytimes.com/pages/sports/index.html?todaysheadline
ARTS
=========================
Harvard's Prize Catch, a Delphic Postcolonialist
Do any of Homi K. Bhabha's devoted disciples know what he's
talking about?
http://www.nytimes.com/2001/11/17/arts/17BHAB.html?todaysheadlines
-----
Cells That Save Lives Are a Mother's Legacy
Henrietta Lack's cells named HeLa after the first letters
in Henrietta and Lacks became the first human cells to
live indefinitely outside the body.
http://www.nytimes.com/2001/11/17/arts/17HELA.html?todaysheadlines
-----
Effervescing From Song to Song
When Christine Ebersole sashays onto the stage at Arci's
Place, the atmosphere begins to fizz as if the cork from a
giant Champagne bottle had been popped.
http://www.nytimes.com/2001/11/17/arts/music/17EBER.html?todaysheadlines
-----
MORE ARTS NEWS:
http://www.nytimes.com/pages/arts/index.html?todaysheadline
NY REGION
=========================
A Quiet Plea Moved the City to Restore Staffing at Site
The reason for the restoration of the original number of
firefighters at the World Trade Center site was primarily
because of the appeal of a retired firefighter to the
city's fire chief.
http://www.nytimes.com/2001/11/17/nyregion/17FIRE.html?todaysheadlines
-----
F.A.A. Orders Study of Planes, as Queens Neighborhood Mourns
The Federal Aviation Administration ordered the airlines
that fly the Airbus A300, the type of plane that crashed on
Monday to examine their vertical tail sections and report
what they find.
http://www.nytimes.com/2001/11/17/nyregion/17CRAS.html?todaysheadlines
-----
Wall St. Jobs Are Migrating to New Jersey After Attack
Many of the jobs lost in Lower Manhattan after the Sept. 11
attacks have migrated across the river to New Jersey.
http://www.nytimes.com/2001/11/17/nyregion/17JOBS.html?todaysheadlines
-----
MORE NY REGION NEWS:
http://www.nytimes.com/pages/nyregion/index.html?todaysheadline
OP-ED
=========================
In a State of Denial
By BILL KELLER
California has been suffering some miseries of its own these
days, and it gets less notice from the rest of the country
than Uzbekistan.
http://www.nytimes.com/2001/11/17/opinion/17KELL.html?todaysheadlines
-----
Waiting for America
By ANTHONY LEWIS
The joint call for U.S. intervention by two longtime
negotiators in the Israeli-Palestinian conflict comes at an
important moment.
http://www.nytimes.com/2001/11/17/opinion/17LEWI.html?todaysheadlines
-----
Al Qaeda Should Be Tried Before the World
By ANNE-MARIE SLAUGHTER
If we must depart from constitutional practices, then the
United States should prosecute accused terrorists before an
international tribunal.
http://www.nytimes.com/2001/11/17/opinion/17SLAU.html?todaysheadlines
-----
MORE OP-ED NEWS:
http://www.nytimes.com/pages/opinion/index.html?todaysheadline
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{
"pile_set_name": "Enron Emails"
}
|
What case is this and why is it still in front of Whaley?
-----Original Message-----
From: [email protected]@ENRON [mailto:[email protected]]
Sent: Monday, September 10, 2001 12:13 PM
To: [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; Sanders, Richard B.; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; Williams, Robert C.; [email protected]
Cc: [email protected]
Subject: Campbell Hearing
There was telephonic oral argument today before Judge Whaley on the filed
rate issues in Campbell v. SDGE. It went very well. Judge Whaley began by
asking Campbell to argue first, since "It seems to me you're flying in the
face of the filed rate doctrine." The bulk of the argument focused on two
issues: (1) what if anything is the effect of FERC's inability to issue
retroactive rate relief, and (2) (to a much lesser extent) how a class
action based on SDGE customers only avoided the discrimination prong of the
doctrine. Campbell's argument was ineffective, consisting mostly of his
preferred social policy rather than any law. His most substantive argument
was that filed rate was based on a res judicata-like theory, and since
market-based rates are not passed on by FERC before they go into effect, and
can't changed be retroactively, resort to the courts was appropriate.
I was not asked any specific questions at first, but was rather just asked
to respond. I began by advising the court of the July 25th order in which
FERC held that filed rate applied to these market-based rates, then
discussed Norwood, then addressed the res judicata analogy by pointing to
the cases that hold that mere filing, rather than agency review, invokes the
doctrine. Whaley asked me a couple of questions about retroactive relief,
the most significant of which was along the following lines: "So what you
are saying is that if, at the end of the day, it is determined that there is
no right of retroactive relief, then that's just like a statute of
limitations or any other limitation on a right or remedy that doesn't effect
FERC's jurisdiction." I answered affirmatively, stating that the salient
point was that it was within Congress' power to decide how this type of
interstate commerce was to be regulated, and that if Congress imposed
limitations on remedies for illegal behavior, we were all bound by that. He
seemed content with that answer.
Campbell replied in an argument that was pretty close to saying, "There must
always be a remedy somewhere." Interestingly, Whaley then asked Campbell a
couple of times whether he would concede Keogh's applicability if there was
a FERC remedy. I think this was a setup, and Campbell walked into it,
basically saying yes. Whaley didn't close the trap, but it would not
surprise me if he finds that the existence of a remedy at the agency doesn't
matter, and since Campbell admits that Keogh would bar the claim if there
were a remedy, he's out of court.
Whaley took it under submission and said he would issue an order. I think
he'll rule very narrowly, stressing that Campbell's is a claim under the
FPA. I tried to broaden his thinking, arguing that we ought not allow every
plaintiff to attempt to reinvent the regulatory system by dreaming up every
manner of legal attack on filed rates, but I suspect he saw through that and
will rule narrowly. Anyway, I expect a good result.
This email may contain material that is confidential, privileged and/or
attorney work product for the sole use of the intended recipient. Any
review, reliance or distribution by others or forwarding without express
permission is strictly prohibited. If you are not the intended recipient,
please contact the sender and delete all copies.
|
{
"pile_set_name": "Enron Emails"
}
|
Yahoo! News Edit Breaking News Alerts - Yahoo!
Breaking News Alert edit
GAITHERSBURG, Md. _ FDA advisory panel votes for over-the-counter sales of
Claritin.
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{
"pile_set_name": "Enron Emails"
}
|
Roman,
I shall type in English (faster).
I was trying to locate you for some time after you left SCEM. I shall be glad
to
meet for dinner/coffee and chat. Please, send me your phone number.
I have just come back from Poland and go through my mail. I shall try to
reach you later
this week.
Vince
Roman Kosecki <[email protected]> on 09/25/2000 12:06:12 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject:
Hello Vince,
NIe bardzo wiem czy pisac po polsku czy po angielsku :)
Co u Ciebie slychac ?
U mnie troche zmian jak ze juz nie pracuje w SCEM , a przenioslem sie do
MIECO ( a small Marubeni backed energy-america trading company ) . Bardzo
rozne od SCEM. Najbardzij przypomina mi SCEM na poczatku z Joe, jak bylo
20-30 osob. Sa i minusy i plusy. Troche structure i research ale przede
wszystkim weather. TRrovhe latam miedzy East i West bo sa officy w obydwu
miejscach. California jest ok w zimie :).
Na bardziej personalnym froncie; pamietasz dinner na ktory poszlismy
kiedys na conferencji w NY z Catherine ( she used to work for Williams-
works for Morgan Stanley now ) , we are dating ( for a while) . It is a
good story how we met. So we owe you dinner :)
Jak bylem w Atlancie to pracowala dla mnie Christa Grey. Bedzie teraz
konczyla grad school in international relations ( with Eastern European
slant ), i zastanawia sie czy sa jakies mozliwosci polaczenia tego co robila
ze "Wschodem". Co robila to bylo przede wszystkim VB implementations modeli
, ( roznego rodzaju) , Web based data collections, basic research , teraz
jest w gas structuring etc. She speaks russian and was in Ukraine/Poland
few times on Peace Corp assingments. She is very bright and dedicated.
Myslalem zeby ja zwabic do Californii ale ten Eastern European pociag jest u
niej silniejszy niz u mnie :). I have here resume, wiec jak bys myslal ze
jest jakis fit I will foreward it to you.
Troche tak mieszanka pisze, przepraszam
Bede chyba w Houston w pazdzierniku to moze bysmy sie mogli spotkac.
Latwiej pewnie by bylo w NY ( mieszkam po NJ stronie ( rent jest inny niz w
Atlancie :) (201) 222-0435), wiec daj mi znac jakbys mial czas i ochote.
Thanks
Roman
|
{
"pile_set_name": "Enron Emails"
}
|
Here is a new ISDA request for Synergy Oil & Gas, Inc. If you have any
questions, please feel free to call.
Thanks,
Brad
ext. 5-7749
|
{
"pile_set_name": "Enron Emails"
}
|
i don't know what you mean. i'm just a dumb trader
it's called double mo cafe. go to www.doublemo.cafe
-----Original Message-----
From: Jai Hawker <[email protected]>@ENRON
Sent: Friday, December 07, 2001 10:37 AM
To: Richey, Cooper
Subject:
Dude,
Is the cafe mo liscenced?
|
{
"pile_set_name": "Enron Emails"
}
|
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