Datasets:

jacquelinehe
/

enron-emails

Dataset card Viewer Files Files and versions Community

Split (1)

train · 926k rows

text stringlengths 1 2.01M
This is a one year term deal with one of our Appalachian producers. Previous deals were done primarily under GTCs, however, we would like this to be confirmed under the Enfolio Gas Purchase Agreement. Thanks Rudwell.
Hello all, Here is a credit worksheet for a deamed ISDA that Mary and I were pondering over this morning. Please copy me on any distributions that become of this. Thanks Brant
I'd say we want tariff language before any investigation. I don't typically like investigations. I like complaints. My thought is to pre-sell tariff changes to FERC with a broad coalition and then get the Ohio PUC to ask FERC the question. Jim -----Original Message----- From: Migden, Janine Sent: Wednesday, August 29, 2001 8:15 AM To: Steffes, James D. Subject: RE: ICC- Balancing Then I will pursue getting an investigation and if we get one, we can develop the model to push in that case. I am assuming by model tha you are referrring to a mechanism that works for the midwest apart from or in conjunction with the ISO. I will be with Mike and Jeff Merola tomorrow and will get started on working on this with them. -----Original Message----- From: Steffes, James D. Sent: Tuesday, August 28, 2001 9:25 AM To: Migden, Janine Subject: RE: ICC- Balancing We need a model for the entire Midwest independent of the ability to change. Jim -----Original Message----- From: Migden, Janine Sent: Tuesday, August 28, 2001 9:08 AM To: Steffes, James D. Subject: RE: ICC- Balancing At this point we dont have draft language and we dont have a settlement with language that allows us to push the way we can in Ohio. My thought was to push for an investigation and see within that context how far we could go. At a minimum, if a hearing were to be granted, I think we could end up improving the balancing rules for IP, CILCO, etc. Com Ed has the most favorable provisions and could end up being the model. In my discussions with Jeff Merola and Rogers Herndon, they can work with this however it is not optimal. They need to do a transaction in order to figure out where the bugs are. -----Original Message----- From: Steffes, James D. Sent: Tuesday, August 28, 2001 8:39 AM To: Migden, Janine Subject: RE: ICC- Balancing Janine -- If we have draft tariff language, I'd push pretty hard. Jim -----Original Message----- From: Migden, Janine Sent: Tuesday, August 28, 2001 7:53 AM To: Shapiro, Richard; Steffes, James D.; Nicolay, Christi L.; Roan, Michael; Stroup, Kerry; Boston, Roy; Hueter, Barbara A.; Landwehr, Susan M. Cc: Shapiro, Richard Subject: ICC- Balancing On Friday, I participated in ICC Chairman Mathias' Roundtable on the state of competition in Illinois. One of the questions he asked was what the ICC could do to improve competition in Illinois. I commented that the ICC could commence an investigation on the balancing rules of the various utilities, having pointed out the problem's with ComEd's and the fact that the other utilities are even worse. He expressed concern over ICC jurisdiction and opined that to the extent that it impacts retail transactions and adversely affects retail competition, the ICC is within its jurisdiction to order the utilities to file an amended OATT before FERC for FERC's approval. I plan to follow-up with a letter to him and all the Commissioners and would like feedback as to how hard I should push on this. Should the ICC look into balancing (to which I give a less than 50% probability) we would have to be prepared to participate. I think it would be highly worth the effort, especially as far as Illinois Power is concerned, however, I would like some feedback as to your views in order to guage how hard to push this. Thanks, Janine
The Houston Club has again invited 8 students, faculty and staff to the Distinguished Speaker Lunch Series on December 13. If you are interested in the below event, please RSVP by sending an email to Maria Sanchez (sanchezm@rice.edu). This is a first come, first serve basis: The Houston Club and the Houston Forum Are Proud to Present Distinguished Speaker Rod Paige U.S. Secretary of Education Thursday, December 13, 2001 Noon - 1:30 PM (at the Houston Club) "Education in America - No Child Left Behind" 11:30 AM - Noon - Registration and Reception with Speaker Please join us in welcoming home U.S. Education Secretary Rod Paige. The United States Senate confirmed Secretary Paige as the 7th Secretary of Education on January 20, 2001, following inauguration of President George W. Bush. Born in Monticello, Mississippi, Secretary Paige is the son of public school educators. He earned a bachelor's degree from Jackson State University in Mississippi and a Master's degree and a doctorate from Indiana University. Although Secretary Paige first distinguished himself coaching college-level athletics, he has always been committed to public education and the preparation of teachers to excel in their profession. He served for a decade as Dean of the College of Education at Texas Southern University. He also established the university's Center for Excellence in Urban Education, a research facility that concentrates on issues related to instruction and management in urban school systems. As a trustee and an officer of the Board of Education of the Houston Independent School District (HISD) from 1989 to 1994, Secretary Paige coauthored the board's A Declaration of Beliefs and Visions, a statement of purpose and goals for the school district that called for fundamental reform through decentralization, a focus on instruction, accountability at all levels, and development of a core curriculum. A Declaration of Beliefs and Visions was the catalyst that launched an ongoing, comprehensive restructuring of HISD. Secretary Paige became the superintendent of schools of HISD in 1994. As superintendent, Secretary Paige created the Peer Examination, Evaluation, and Redesign (PEER) program, which solicits recommendations from business and community professionals for strengthening school support services and programs. He launched a system of charter schools that have broad authority in decisions regarding staffing, textbooks, and materials. He saw to it that HISD paid teachers salaries competitive with those offered by other large Texas school districts. Secretary Paige made HISD the first school district in the state to institute performance contracts modeled on those in the private sector, whereby senior staff members continued employment with HISD based on their performance. He also introduced teacher incentive pay, which rewards teachers for outstanding performance and creative solutions to educational problems. If Secretary Paige's past is any indication, the best is yet to come. We invite you and your colleagues to hear Dr. Paige, a dedicated Houstonian, to The Houston Club on December 13. Maria Sanchez Recruiting Coordinator, Career Planning Center Jesse H. Jones School of Management Phone: (713) 348-5246 Fax: (713) 348-5838 sanchezm@rice.edu
Sheila/Dale, Ben wants Chris to sign this change order. I believe it is in essentially the same form as when I sent it before. Please advise is there are any changes you want made. Thanks, Kay ---------------------- Forwarded by Kay Mann/Corp/Enron on 10/13/2000 03:03 PM --------------------------- Enron North America Corp. From: Kay Mann 10/13/2000 02:58 PM To: lee.johnson@ss.ps.ge.com cc: michael.storm@ss.ps.ge.com, kent.shoemaker@ae.ge.com, ben.f.jacoby@enron.com, chris.booth@enron.com, Kathleen Clark/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re: Revised letter of Sept 29 Lee, Your changes to the letter look fine to me. I'm attaching the latest version I have on change order #2. Are we ready to go with this one? We would like to close out #3 and #4 soon. I believe GE prepared #4. Could you send me a copy of the latest draft of #4, as it was inadvertently deleted from my computer. Meanwhile, I'll work to get you a draft of #3. Thanks, Kay lee.johnson@ss.ps.ge.com on 10/13/2000 08:03:49 AM To: kay.mann@enron.com cc: michael.storm@ss.ps.ge.com, kent.shoemaker@ae.ge.com, ben.f.jacoby@enron.com, chris.booth@enron.com Subject: Revised letter of Sept 29 <<SSlttrsept29rev1.doc>> <<SSlttrsept29rev2.doc>> Kay, Attached is a redline version of Sept 29 letter, and clean copy for sign/send. The change involves reference to the contract paragraphs that deal with corrections, enabling Enron and GE to reach agreement on timing of performance of corrective work, if we both agreed to a schedule other than prior to delivery to site. We recognize that if any of this work has an impact on your EPC contractor's site work schedule, there maybe other consequences/remedies, as provided in the contract. I'll sign and fax. Hope you all have no objections. Thanks, Lee - SSlttrsept29rev1.doc - SSlttrsept29rev2.doc
Below is my first rough draft of a letter that could be sent from consumers to FERC Chairman Hoecker. Due to technical difficulties, I could not attach the letter in a separate document, so I copied the letter and have reprinted it below. Having never been involved in this type of letter writing campaign, this was a bit of a stab in the dark for me, so I welcome everyone's comments. I am also working on a letter that could be sent by senior management or CEOs of high tech firms, but I wanted to get your feedback on this format before I went forward on the high tech letter. Let me know if you have any questions or comments. Sarah September 26, 2000 The Honorable James Hoecker Federal Energy Regulatory Commission 888 First Street, N.E. Washington, D.C. Re: Electric Power Industry Reform Dear Chairman Hoecker: We are consumers or represent consumers of electric power. We write to urge you and your colleagues to take the initiative to address the intolerable shortages and extreme price volatility that have become all too common in the electric power industry. It is imperative that the Federal Energy Regulatory Commission proceed expeditiously with the reforms needed to support a competitive and efficient power supply industry to ensure a reliable supply of power at the lowest possible cost to consumers. There are many actions you and your colleagues should take to ensure that the power supply in the U.S. remains sufficient and is available at reasonable prices. For example, you and your colleagues should remove roadblocks in the nation,s electricity gird. Under the current system, FERC regulations allow many companies that own transmission systems to restrict access to their transmission lines by competing electricity suppliers. The result of this policy is shortages, blackouts and skyrocketing prices. Like the interstate highway system, FERC should allow electricity to move from one state to another just as freely as motorists do. All electricity suppliers should have the same access to the transmission lines in order to transport power to where it is most needed. FERC should also discourage electricity suppliers, reliance on spot and short-term electricity markets for power supply. Instead, FERC should urge suppliers to purchase a portion of their power needs under long-term contracts. Locking in electricity costs at fixed prices protects consumers from unexpected price swings that can be financially devastating. We strongly urge you and your colleagues to seize the initiative on these reforms. Consumers deserve a power supply industry that is both more reliable and economical. Very truly yours,
-----Original Message----- From: Moore, Kevin G. Sent: Friday, October 05, 2001 6:45 AM To: Rangel, Ina; Young, Becky; Brown, Kimberly; Hogan, Irena D.; Villarreal, Alexandra; Jones, Carmella; Coneway, Betty J. Cc: Roberts, Mike A.; Bennett, Steve; Ryan, David; Stevens, Adam; Smith, William; Crenshaw, Shirley; Kaminski, Vince J Subject: FW: Freez Notis Presentation Importance: Low Freez- Notis Presentation Winter Outlook When : October 8th, 2001 Time : 9:00 a.m. Location - EB32C2 Please asst , inform your groups ........ more info...comimg soon. Thanks Kevin Moore
Cindy and Mark: The Community Relations team has brainstormed ways to support BEAR during the holiday season, specifically with their bike drive. One note, Enron already adopts an entire needy Elementary School for the holiday seaso, and our employees adopt each child in the school by donating money, etc. to provide supplies and clothing for the children, so I am a bit concerned about another big employee drive during the holidays. However, we have a number of ideas that I will share below, knowing that it may take some time to schedule a meeting for the three of us: 1. Partner with 104 KRBE to promote a Bike Drive in partnership with Sun & Ski Sports (one of KRBE's sponsors). Enron could pay for the advertising dollars and Sun & Ski could get shoppers to make donations toward buying bikes. Laura Schwartz is exploring KRBE's appetite for something like this. 2. BEAR/CPS table at our December 1 Big E Cafe which highlights ways for employees can get involved throughout the community during the holidays. BEAR could use the opportunity to ask for donations as well as offer volunteer opportunities. 3. Partner with the Enron Cycling Club to donate bikes - leverage their connections with local bike stores. These employees might be more likely to want to donate. 2. Utilize Matching Dollars (up to $15,000 per employee annually) if Mark or other employees are interested in contributing. Additionally, if Mark or other employees volunteer with BEAR, using VIP dollars (up to $2500) to pay for bikes. Please let me know your thoughts, so that we can pursue some of these opportunities. Elyse
It is penciled in on Drew's calendar and I have an eraser. Jan Cobden 03/03/2000 03:22 PM To: Bill Cordes/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Michel Nelson/ET&S/Enron@ENRON, Louis Soldano/ET&S/Enron@ENRON cc: Subject: Re: Conference call So far, it looks like Tuesday will work for scheduling this call, so please pencil-in 2:00 pm on Tuesday March 7, 2000. If okay for all of you, I will send out a confirmation and a dial-in phone number on Monday. Thank you. Jan
__________________________________ TECHNOLOGY ALERT from The Wall Street Journal Oct. 17, 2001 Apple Computer easily beat lowered quarterly profit expectations late Wednesday but lowered its outlook, citing the weak economy and political uncertainty. See: http://wsj.com/articles/SB1003335276102944680.htm AOL Time Warner, Texas Instruments, Siebel Systems, EMC and Handspring also posted quarterly results Wednesday. See more information at: http://interactive.wsj.com/pages/techmain.htm __________________________________ ADVERTISEMENT Receive a report on transformational strategies to create value through personalized self-service! http://www.broadvision.com/jump/wsjb.html BroadVision is the leading supplier of Enterprise Self-Service (ESS), delivering business value through business process transformation. _________________________________ SUBSCRIPTION INFORMATION TO REMOVE YOURSELF from this list, see: http://interactive.wsj.com/user-cgi-bin/searchUser.pl?action=emailalert Then uncheck the appropriate box to unsubscribe from this list. Click on the "save selections" button. For further questions, please call our customer service department at 1-800-369-2834 or 1-609-514-0870 between the hours of 8 a.m. and 9 p.m Eastern Monday-Friday or e-mail inquiries@interactive.wsj.com. __________________________________ Copyright 2001 Dow Jones & Company, Inc. All Rights Reserved.
you know its a mouth burger, boca is spanish for mouth -----Original Message----- From: Brian Constantine [mailto:brianc@saltgrass.com] Sent: Thursday, January 03, 2002 12:52 PM To: Erik Wollam; knipe3@msn.com; jparks1@houston.rr.com; Parks, Joe Subject: RE: Ought 2 Could someone explain to me what a boca burger is? -----Original Message----- From: Erik Wollam [mailto:erwollam@hotmail.com] Sent: Thursday, January 03, 2002 10:38 AM To: knipe3@msn.com; jparks1@houston.rr.com; Brian Constantine; joe.parks@enron.com Subject: Re: Ought 2 I'll take care of all Henry items on my own. (Milk, hot dogs/boca burger/juice) Just make sure there is a loaf of bread so I can make him peanut butter sandwiches. Pecan Pie?? yes. Fruit?? a half dozen good apples. Skip the baileys (i'm sure joe will agree) there may be some left. No need for gatorade, water and beer and scotch is all i need. No juice, we can steal some of Henry's. >From: "chad knipe" <knipe3@msn.com> >To: "EriK Wollam" <erwollam@hotmail.com>, "Joe Parks" ><jparks1@houston.rr.com>, "Chet Fenner" <chet_fenner@bmc.com>, "Brian >Constantine" <brianc@saltgrass.com>, "Joe Parks" <joe.parks@enron.com>, >"Brian & Terry Constantine" <btconstantine@aol.com> >Subject: Re: Ought 2 >Date: Thu, 3 Jan 2002 09:37:08 -0600 > >I will go to store: > >Fri a.m./day: Starbucks, Rudy's, urinate, aforementioned can beer(not >driving), urinate, urinate again at gate, go sleep in stand. >Fri p.m.: Lasagna, pre-packed salad, beer,red wine, scotch--take out of >frezer tonight(Thur) to begin thawing process. >Sat a.m.: Egg goop, coffee, beer, toilet paper,pudding---will also get some >sort of sugared loaf item. >Sat day: Tort Chips, I'll get wife to pre-make queso, bread/meated items, >beer,pudding >Sat p.m.: Steaks OK with everyone? Organ Meat? Baked potatoes >w/fixins?beer,red wine, scotch. Suggestions. >Sun a.m.: coffee,whatever is left, pudding > >Suggestions: Gatorade, juice, pseudo-Baileys,fruit, shit tickets, PECAN >PIE??. Erik-- any Henry related items needed?? > >PIG: What $$ do I owe you? ....borrowed $10 at Midway, Keg $, What else? Do >I owe anyone else? > >----- Original Message ----- >From: Erik Wollam >Sent: Thursday, January 03, 2002 8:58 AM >To: knipe3@msn.com; jparks1@houston.rr.com; chet_fenner@bmc.com; >brianc@saltgrass.com; joe.parks@enron.com; btconstantine@aol.com >Subject: Re: Ought 2 > >Food: I have a deer sausage lagsana frozen and ready to go. That takes care >of dinner one night. If we want steaks for second night, I'm ok with that. >Chad, its your turn to go to the groc. We have yet to even up for the >season >as far as I know B still needs to get even on Keg 1 and 2 and whatever food >from last trip. I've got about 70 into the thanksgiving food trip. > >I think there is plenty of keg beer left, but, i have some canned bud light >i can bring just in case. no need to buy more. I don't know the scotch >status, but i think there is plenty left. I can bring a back up bottle from >the house. > >Chad if you are doing the shopping, plan on breakfast/lunch for 2 mornings >(your stuff and a breakfast roll), small amount of sandwich meat and bread, >sides for dinners (if wanted...salad)chips and velveta ( there is plenty of >salsa I believe). > >We do not need to worry about ice, couple of bags should do. temps will >allow hanging of game. > >really would prefer am depart tomarrow. e. > > > >From: "chad knipe" <knipe3@msn.com> > >To: "Joe Parks" <jparks1@houston.rr.com>, "Chet Fenner" > ><chet_fenner@bmc.com>, "EriK Wollam" <erwollam@hotmail.com>, "Brian > >Constantine" <brianc@saltgrass.com>, "Joe Parks" <joe.parks@enron.com>, > >"Brian & Terry Constantine" <btconstantine@aol.com> > >Subject: Re: Ought 2 > >Date: Thu, 3 Jan 2002 07:49:50 -0600 > > > >Not too worried about oven bugs--hospitals sterilize at about 270 >deg.--if > >I remember the thermostat doesnt work and that oven runs at about 800 >deg. > > > >Departure: E says he is better off leaving Fri a.m.(4 hunts) w/ Sun >return. > > I was thinking Fri p.m. for more relaxed Monday return(4 hunts)--I'm OK > >either way, but I need to let John know if I'm out Fri or Mon. > > > >C. > > > >----- Original Message ----- > >From: Joe Parks > >Sent: Thursday, January 03, 2002 7:32 AM > >To: chad knipe; Chet Fenner; EriK Wollam; Brian Constantine; Joe Parks; > >Brian & Terry Constantine > >Subject: Re: Ought 2 > > > >dont for get about the oven issues on the heating of the egg fest. dont > >need any weird viruses. > > > >What time are we leaving? > >Chad reply to joe.parks@enron.com yes i have to go to work. shit! > >----- Original Message ----- > >From: chad knipe > >To: Chet Fenner ; EriK Wollam ; Brian Constantine ; Joe Parks ; Joe Parks >; > >Brian & Terry Constantine > >Sent: Wednesday, January 02, 2002 10:47 PM > >Subject: Re: Ought 2 > > > > > >I think I remember promising to eat dead, raw heart > >meat...........a..an..and ..I'll > >do it man !!! > > > >Most importantly, how did ya'll leave the keg last time--I damn sure >don't > >want to show up Fri. p.m. after being "IN" for four hours and have >nuthin' > >but a cup of dust waiting!! > >Lets plan ahead on the Al K. Hall issue, remember I'm drinking for two > >now..(Pig and I). > > > >Food Issue: Just because Piggy ain't cookin' doesn't mean we have to eat > >like alternate/persons. I say we do it right at least on Sat > >night.(i.e.ribeyes.......) > >Sat. a.m.: I made a Mex. egg/cheese/& stuff casserole for x-mas morning > >that was pretty damn good---I can pre-make it and all we have to do is >heat > >& eat. > > > >...other than that: Scotch, coffee, and firearms. > > > >My $.02 > > > >C. > > > >----- Original Message ----- > >From: Fenner, Chet > >Sent: Wednesday, January 02, 2002 3:09 PM > >To: 'Erik Wollam'; brianc@saltgrass.com; knipe3@msn.com; Fenner, Chet; > >joe.parks@enron.com; jparks1@houston.rr.com; btconstantine@aol.com > >Subject: RE: Ought 2 > > > >Can't "pull-off" this weekend. Libby, Libby, Libby on the label, label, > >label is coming in this weekend w/ the boys for a belated xmas gathering > >and > >have a party planned. Or, maybe it's just that I don't want to be forced > >to > >eat more heart-meat. > > > >-----Original Message----- > >From: Erik Wollam [mailto:erwollam@hotmail.com] > >Sent: Wednesday, January 02, 2002 2:52 PM > >To: brianc@saltgrass.com; knipe3@msn.com; chet_fenner@bmc.com; > >joe.parks@enron.com; jparks1@houston.rr.com; btconstantine@aol.com > >Subject: RE: Ought 2 > > > > > >As far as I know, Chad, Joe, Erik and Henry going. Either Friday am to > >sunday pm or friday pm to monday am. I have invited Chet and not heard >from > >him. Chris McComb cannot go. Kieth cannot go and has not been despite > >planning on going the last two weekends. He intends to go during the > >extended doe and spike season. > >No other guests invited. > >Are you planning on going??????? > >Don't know about Jim McComb. e. > > > > > > >From: "Brian Constantine" <brianc@saltgrass.com> > > >To: "chad knipe" <knipe3@msn.com>, "Chet Fenner" <chet_fenner@bmc.com>, > > >"Joe Parks" <joe.parks@enron.com>, "Joe Parks" ><jparks1@houston.rr.com>, > > >"EriK Wollam" <erwollam@hotmail.com>, "Brian & Terry Constantine" > > ><btconstantine@aol.com> > > >Subject: RE: Ought 2 > > >Date: Wed, 2 Jan 2002 14:43:50 -0600 > > > > > >OK...who's gonna go "Man Off" in Schleicher County this weekend? Roll > > >Call please. Anyone taking any "guests" to help "downsize the herd" ? > > > > > >-----Original Message----- > > >From: chad knipe [mailto:knipe3@msn.com] > > >Sent: Monday, December 31, 2001 11:21 PM > > >To: Chet Fenner; Joe Parks; Joe Parks; EriK Wollam; Brian Constantine; > > >Brian & Terry Constantine > > >Subject: Ought 2 > > > > > > > > >Happy New Year '02 boyz!!!! > > > > > > > > > >_________________________________________________________________ > >Join the world's largest e-mail service with MSN Hotmail. > >http://www.hotmail.com > > > > >_________________________________________________________________ >Send and receive Hotmail on your mobile device: http://mobile.msn.com _________________________________________________________________ MSN Photos is the easiest way to share and print your photos: http://photos.msn.com/support/worldwide.aspx
call in number?
Sara, Yo, what's up? How are things across the street? Let me guess, you got all rested up saturday and sunday, then when out three nights already this week, and now are ready to go home, do laundry and sleep. Unfortunately, I've been extremely lame, mostly because you got me sick...well maybe not. Anyway, I haven't been feeling so hot, yet I did oversleep by two hours this morning which really helped. Poor Ted had to pick the slack. So, any big plans for the weekend besides laundry? Superbowl? Happy hour? Toilet flushing into the phone? Stupid drunk? Mat
This request has been pending your approval for 8 days. Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000067320&Page=Approval to review and act upon this request. Request ID : 000000000067320 Request Create Date : 10/11/01 10:24:53 AM Requested For : matt.smith@enron.com Resource Name : Risk Acceptance Forms Local Admin Rights - Permanent Resource Type : Applications
You all have done an excellent job with the gas daily products. I have been asked to follow up with you guys to ensure that the products are rolled out on EOL at the same time each day and that they be managed in the same manner that you manage your cash products each day. We have been asked to have one a day up at all times with a relatively tight two way and to provide market depth. You may provide market depth, offset to last trade, or use last trade mid functions. Let me know if you have any questions or concerns regarding this request. Thanks, Mike
THANKS! -----Original Appointment----- From: Keiser, Holly On Behalf Of Taylor, Mark E (Legal) Sent: Friday, October 19, 2001 2:58 PM To: Adams, Suzanne Subject: Accepted: ERIC MERTEN FROM PORTLAND OFFICE (SHEILA'S GROUP) TO MEET W/MARK TAYLOR & SARA RE SWAPS IN MARK'S OFC When: Thursday, October 25, 2001 2:00 PM-2:30 PM (GMT-06:00) Central Time (US & Canada). Where:
Avi, These are my coordinates Vince Vincent Kaminski Managing Director - Research Enron Corp. 1400 Smith Street Room EB1962 Houston, TX 77002-7361 Phone: (713) 853 3848 Fax : (713) 646 2503 E-mail: vkamins@enron.com <avi.hauser@effem.com> on 06/20/2000 01:34:49 PM To: "Vince J Kaminski" <Vince.J.Kaminski@enron.com> cc: Subject: Re: Test Vince: Got the message! Kind regards Avi --------------------------------------- Avi I. Hauser PhD MBA CDS Director 100 International Drive Mt Olive NJ 07828-1383 + 1 973 691 3664 (office) + 1 973 347 8189 (fax) + 1 973 727 3622 (car + slow paging) hauser@cdsusa.com
This is to quickly summarize our call on July 11 on California gas intrastate matters and set a direction for future activity. Unbundling: PG&E has a Gas Accord in effect through 12/31/03, which is generally positive. We will participate in the development of a successor plan, and attempt to improve it if we can. SoCalGas attempted its own version of a gas accord, but the CPUC refused to approve. We will attempt to resurrect this accord and obtain CPUC approval. Hedging: No proceeding currently exists to address gas hedging by LDCs. (draft legislation does exist on the electric side to allow hedging and passthrough of costs). Jeff has recommended that we approach the LDCs to begin discussing the issue and developing a strategy to take to the CPUC. I suggest we develop an ENA-EES hedging proposal for CA and then take that to the LDCs. I will attempt to put this is writing. Infrastructure: CPUC has undertaken a proceeding to determine the need to improve infrastructure. SoCal Gas and PG&E are responding with proposals. We want to revitalize the infrastructure and ensure real markets exist and can develop. Our task is to participate in these proceedings. (Please let me know who I left off the mailing list).
Kathryn Corbally (Senior Director currently in Investor Relations) is moving to Connecticut soon to join her husband. He has been working up there for the last six or eight months - he was one of the group that defected from our weather derivatives team about a year ago. She hopes to continue to work for Enron - has been talking with Investor Relations and some other groups that I can't remember - and to do so either out of her home or in Enron's New York office. It struck me that depending upon needs at MG's New York office, that Kathryn could be someone for you to consider. She came originally from the London office - you may or may not find anyone still there that could give you some feedback on her. In London, she ran mid and back office - that was in very early days for EEL, so most of the job was probably accounting. She came to Houston and has done a number of different things. I think that she is well organized and control minded. Understands Enron's business. Managing a group of people is probably not her strongest attribute. I am not sure that people enjoy working under her. That could be old news, however. There are a number of people here in Houston that could probably give you a read on her based on very recent experience. Do you know of her? Just thought that I would mention her as a potential resource in New York. Don't know what your short and longer term needs are there. She would definitely represent an Enron point of view. They have two small daughters - she might be interested in something part time even. Could mean lower cost that way. This idea may not have any merit or you may not have a need around metals. If you do want to consider this, I will be glad to help identify who you could go to for some fact finding around her. Let me know. --Sally
i will send it to the right people today -----Original Message----- From: "Andy Shackouls" <ashackouls@hotmail.com>@ENRON [mailto:IMCEANOTES-+22Andy+20Shackouls+22+20+3Cashackouls+40hotmail+2Ecom+3E+40ENRON@ENRON.com] Sent: Monday, June 04, 2001 8:45 PM To: Lenhart, Matthew Subject: jobs Matt, To refresh your memory from Friday night, I got laid off and am doing independent work right now. Although the money is good, the stability is a factor. So, if there is anyone you might know at Enron to help me get an interview for that associate program, I would appreciate it. My resume is attached. Thanks for helping me out. Take care. DAS P.S. LSU preseason ranked #8 in CBS Sportsline power poll. Not sure how I feel about that. Get your FREE download of MSN Explorer at http://explorer.msn.com << File: http://explorer.msn.com >> - DASResume5.doc << File: DASResume5.doc >>
Jim Derrick will not be in the office Friday, October 19, 2001. This means he will not be able to sign documents. THX, S
Steve -- here's the schedule for Thursday: 8-9 a.m. CEO Meeting at Sun w/ Northern California CEOs - Santa Clara 3:30 p.m. Meeting w/ Mayor Riordan - LA 4:15 p.m. Meeting w/ other LA CEOs I've attached the invitations for both meetings, as well as the invitation lists (Riordan has added some names to the LA list). Given the extensive logistics, I'm planning on going with Ken -- do you think Jeff Dasovich should come also? Jeff and I are working on a handout presentation (about 10-15 power point slides) for Ken to use during the meeting. What do you think about sending the information Jeff prepared for McNealy to the CEOs in advance of the meeting so that they have something to think about before they arrive for the discussion? Ken needs to meet with the UC Chancellor while he's in LA (probably around lunchtime), but are there any other meetings you think he should have while he's in California? For a briefing package, I'm putting together info (bios, company info) on all the CEOs who will be attending the meetings. Is there anything else we need to prepare for Ken? Hurry back -- we miss you! kd
Featured today: a stock that gets raves even as its estimates fall, a long-distance Russian love affair, and a free report on D.C.-based stocks, for members only. ************************************************************* You are receiving this mail because you have registered for Multex Investor. To unsubscribe, see bottom of this message. ************************************************************* ======================== Sponsored by ========================= Invest in your business. And your future. Consider the American Century 401K; a fully bundled plan to meet your business needs with personalized service. Find out more, or use our interactive tool to determine the plan to best meet your needs at: http://www.americancentury.com/info/mi_1101_401kad ============================================================== Below -------- - Investment ideas - Broker research - Online advice and chats - Free and sponsored reports Investment ideas ----------------------------------------- 1. INVESTMENT STRATEGIES Advent Software (ADVS) What can you say about a tech stock that analysts tout even while estimates drop? How about: Nice! By Marc Gerstein Usually analysts like stocks when earnings are growing, and they are most bullish on shares of companies whose earnings growth is especially strong. That's a major reason why tech stocks have been in the doghouse lately. Earnings have been heading south. Whether or not you want to invest in tech now generally depends on how patient you are. If you're willing to get in early and wait until earnings recover and estimates get revised upward (something that will probably be occurring around mid-2002), this is a great time to jump in. If you're not so patient, you have to agonize trying to guess the timing of recovery. Click here to read more. http://www.multexinvestor.com/article.asp?docid=4191&nd=1121 2. INVESTMENT IDEAS From Russia with love A troika of telecom stocks that are well-positioned for current trends and gaining analyst esteem. by Ben Mattlin, equity research columnist When shares of Russian-based telecom companies start earning a measure of analyst esteem, savvy investors owe it to themselves to take a further look. To be sure, these three Russian telcos haven't yet attained analysts' highest rating, but quite surprisingly--and seemingly out of nowhere--each has an average rating better than a neutral 3, and one of them has moved up to an average rating of 2 ("buy"). What gives? Click here to read more. http://www.multexinvestor.com/article.asp?docid=4425&nd=1121 WORD FROM OUR SPONSOR -------------------------- I hear people talking about personal liability insurance, should I consider one? Learn about the benefits of having an umbrella policy and how find out how much is enough. http://www.multexinvestor.com/page.asp?target=%2Fpersonalfinance%2Finsurance%2Fhome&nd=1121 ======================== Sponsored by ========================= Parents - Before you do anything else today, check to see that you have enough coverage to protect your family's financial and education needs. Check out our life insurance calculator to determine your coverage needs. Get no-obligation Term Life QUOTES from multiple carriers. COMPARE & SAVE. Research & Apply. Rely on Insurance.com, backed by a trusted name - Fidelity Investments. http://ad.doubleclick.net/clk;3267838;5840728;w?http://www.insurance.com/entry.asp?sid=3786 ============================================================== Broker and third-party reports ----------------------------------------- 1. TODAY'S SPECIAL REPORT Bear Stearns takes an in-depth look at the prospects for video game publishers. The analyst looks at industry fundamentals and attributes of successful publishers. Leading players Electronic Arts (ERTS), Activision (ATVI), and THQ (THQI) are discussed, as well as demographic trends and hardware platforms. (146-page report for purchase - $300) http://www.multexinvestor.com/download.asp?docid=25514731&nd=1121 2. EDITOR'S PICK: CURRENT RESEARCH FROM THE CUTTING EDGE Prudential Securities discusses the December rebalancing of the Nasdaq 100 index. Prudential explains the rebalancing process and speculates on 13 companies to be added to, and 13 to be removed from, this important index. Also, a projection of the highest 20 weighted stocks in the post-rebalancing Nasdaq. (8-page report for purchase - $25) http://www.multexinvestor.com/download.asp?docid=25483146&nd=1121 3. INVESTORS' CHOICE: 3-DAY FAVORITE Standard & Poors profiles the NYSE's most capitalized company, General Electric (GE). S&P provides an overview, business summary, and industry outlook for GE. Also included in the report, a peer group comparison, recent news headlines, Wall Street analysts' consensus opinions, and S&P's fair value for the stock. (5-page report for purchase - $5) http://www.multexinvestor.com/download.asp?docid=407622&nd=1121 ======================== Sponsored by ========================= The Internet Analyst: Wall Street's daily and weekly industry outlook Multex's The Internet Analyst features daily 'Net-industry specific research highlights, investment ideas, analyst opinions, portfolio strategies: http://www.multexinvestor.com/Analysts/HomeTIA.asp To be sure you receive your TIA newsletter every week, click here: http://www.multexinvestor.com/login.asp ============================================================== Online advice and chats ----------------------------------------- 1. ASK THE ANALYST PowerOptionsPlus.com's Victor Schiller tells how to run a portfolio like cash- generating business. Schiller explains how you can produce extra portfolio cash by selling call options on stock you currently own. How do call options work and how much cash can they generate for you? Pose him questions on this subject until Fri, Nov. 23. Ask the analyst. http://www.multexinvestor.com/AskTheAnalystForm.asp?&nd=1121 Try our PowerOptionsPlus FREE Trial NOW! The Best Way To Find, Compare, Analyze, and Make Money On Option Investments...And it's Guaranteed. Click here http://www.poweropt.com/mtx1 2. ASK THE EXPERT American Century Investment's Karen Burnett talks about choosing a retirement plan for your business. Choosing a retirement plan for your business or yourself is one of the most important financial decisions you will make. Karen Burnett of American Century Investments will take your questions until Thurs., November 29. http://www.multexinvestor.com/AskTheExpertForm.asp?&nd=1121 Free and sponsored reports ----------------------------------------- 1. FREE RESEARCH REPORT Friedman, Billings, Ramsey discusses financial market developments in the nation's Capital. FBR reports on positive developments for generic drugs and IT service providers. Also, discussion of retail sales and highlights of a call with energy policy architects. This 10-page report, which usually sells for $25, is free to members for the next 72 hours. http://www.multexinvestor.com/download.asp?docid=25556517&nd=1121 2. DAILY FREE SPONSOR REPORT Morgan Stanley sets a $30 price target for strong buy-volatile rated semiconductor manufacturer Lam Research (LRCX). The firm claims that Lam "is seeing new product momentum and market share gains," but warns investors about certain cyclical risks. Register for the firm's free-research trial to access research on this and other stocks. http://www.multexinvestor.com/download.asp?docid=4345491&sid=8&nd=1121 =================================================================== Please send your questions and comments to: mailto:investor.help@multex.com If you'd like to learn more about Multex Investor, please visit: http://www.multexinvestor.com/welcome.asp If you can't remember your password and/or your user name, click here: http://www.multexinvestor.com/lostinfo.asp If you want to update your email address, please click on the url below: http://www.multexinvestor.com/edituinfo.asp =================================================================== To remove yourself from the mailing list for the Daily Update, please REPLY to THIS email message with the word UNSUBSCRIBE in the subject line. To remove yourself from all Multex Investor mailings, including the Daily Update and The Internet Analyst, please respond with the words NO EMAIL in the subject line. You may also unsubscribe on the account update page at: http://www.multexinvestor.com/edituinfo.asp =================================================================== Please email advertising inquiries to us at: mailto:advertise@multex.com. Be sure to check out our other newsletters, The Internet Analyst and The Telecomm Analyst by Multex.com. The newsletters will inform, educate, and entertain you with usable investment data, ideas, experts, and info about the Internet and telecommunications sectors. To see this week's issue, click here: http://www.thetelecommanalyst.com/ or http://www.theinternetanalyst.com/
To all, AEP has recently stopped signing our Financial Confirmations due to the fact that the ISDA Master shows that they are the confirming party. We have never signed their confirmations, nor do they even send confirmations currently. AEP has indicated that they would be willing to amend the Master for the confirming party to be Enron. Can one of you please start this ball rolling? Thanks, Joe
Senate Appropriations Committee has been cancelled for Monday and has been re-scheduled for Monday, April 30 at 8:30am.? SB 1x (Soto) will be heard that day. Chris Micheli, Esq. Carpenter Snodgrass & Associates 1201 K Street, Suite 710 Sacramento, CA? 95814 (916) 447-2251 FAX: (916) 445-5624 EMAIL: cmicheli@carpentersnodgrass.com
FYI, Kim. -----Original Message----- From: Blair, Lynn Sent: Wednesday, October 10, 2001 8:28 AM To: Corman, Shelley; January, Steven; Watson, Kimberly; Lohman, TK; Giambrone, Laura; Hernandez, Bert; McEvoy, Christine; Miller, Beverly; Miller, Chris L; Minter, Tracy; Mulligan, Amy; Ward, Linda Cc: Schoolcraft, Darrell; Blair, Lynn; Kowalke, Terry; Bodnar, Michael; Buchanan, John Subject: FW: SoCal - November 1 Changes We met with SoCal today to discuss the changes SoCal is making for November 1. Here is a high level recap in relation to impacts on TW: 1. SoCal will NOT set the capacity at needles lower than 750 unless they have operational problems. And they will maintain 750 for a gas day (during all cycles). (Good news for TW) 2. SoCal may set a capacity higher than 750. If they do, they will maintain that capacity for a gas day (during all cycles), unless there are specific operational problems. (Good news for TW) 4. SoCal will have the option to call OFO's at the beginning of each cycle for the gas day, which could cause a confirmation reduction. Today they only call an OFO before the gas day begins. Starting Nov. 1, they can call an OFO anytime before a GISB cycle, including Intraday 1 and Intraday 2 which are cycles in the gas day. (This will be a major impact to SoCal's customers) 5. SoCal says the "windowing" is gone. But, they are still giving us a capacity and TW will continue to do the allocation if nominations exceed their capacity. 6. SoCal can still reduce the scheduled volumes after an allocation. This would be due to SoCal's market not burning their schedule. At that time SoCal will confirm down to the market burn. Overall, our process does not change. If you have any questions, please let me know. Thanks. Lynn
10 Million - Pan Nat gas purchase from Duke - Contract allows for price determination. 10 Million - Tolls Risk associated with PGT transport that expires in 2023. 10 Million - Index Risk at Chicago as a result of the Peoples transaction I'll call you later today.
Per your request, please see the attached. (See attached file: ENA Memo.doc) - ENA Memo.doc
A headhunter, Keith Rice (281/331-3210) just called looking for traders/marketers in West Palm Beach, FL for FP&L. He also is looking for a Northwest/PG&E Gas Trader for Oxy in Houston. I told him I would give you guys his number. Call him if you want. C
Bob Anderson of APSES developed these data. They show that the utilities took unbelievably outrageous open positions in the market this summer. There are two possibilities: 1 they are incompetent (WRONG) or 2 they were OK from a corporate perspective (because of other long positions) and expected to receive regulatory relief. Bob will write it up and add as testimony in an appendix -- Gary Ackerman likely witness. ----- Forwarded by Susan J Mara/NA/Enron on 11/21/2000 10:51 AM ----- "Anderson, Robert E(Z01841)" <Bob_Anderson@apses.com> 11/21/2000 09:36 AM To: "'Sue Mara'" <smara@enron.com> cc: Subject: <<FERC_Data11-20.xls>> Sue, Give me a call when you can. Bob - FERC_Data11-20.xls
Brawner done at 100k and 100k Davies done at 325k and 325k Whitt is fine at 150k and 150k @if Lucci is at 50k and 50k @if we offer employment to Theresa Staab who is a scheduler. Also all of us may be going to NY on Thursday morning.
We have begun beta testing our 3 new indexes: TVA, ComEd, and ERCOT. If you could please share the attached template with everyone on the hourly desk at night, we would really appreciate it! It is very similar to the one before, but it includes the new indexes. As always, any indicative prices are very welcomed! If you have any questions, feel free to contact us. Thank you so much for your time. Ellen Clardy, Ph.D. Power Market Analyst TradersNews 713/647-6603 ellen.clardy@ipgdirect.com - 6ndxtemplate.xls
This deal has firm energy with NP delivery point. Let me know. thanks!
------------------------------------------------------------------------------ ------------------------ W E E K E N D S Y S T E M S A V A I L A B I L I T Y F O R April 13, 2001 5:00pm through April 16, 2001 12:00am ------------------------------------------------------------------------------ ------------------------ SCHEDULED SYSTEM OUTAGES: ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. AZURIX: No Scheduled Outages. EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. EDI SERVER: SEE ORIGINAL REPORT ENRON NORTH AMERICAN LANS: SEE ORIGINAL REPORT FIELD SERVICES: No Scheduled Outages. INTERNET: No Scheduled Outages. MESSAGING: No Scheduled Outages. MARKET DATA: No Scheduled Outages. NT: No Scheduled Outages. OS/2: No Scheduled Outages. OTHER SYSTEMS: Impact: CORP Time: Sun 4/15/2001 at 4:45:00 AM thru Sun 4/15/2001 at 7:00:00 AM Outage: General maintenance for server dserv2 Disruption: Total Disruption of Service Environments Impacted: Backup DNS Server Purpose: General maintenance Backout: BAck out the patches restart server Contact(s): Malcolm Wells Impact: CORP Time: Sun 4/15/2001 at 5:00:00 AM thru Sun 4/15/2001 at 7:00:00 AM Outage: Migration off fddi and general maintenance for server reporter. The new IP address will be 172.16.2.166. Disruption: Total Disruption of Service Environments Impacted: UNIFY Purpose: Corporate direction to move off fddi and general maintenance. Backout: remove the patches and NIC entry shutdown the server change the DNS back to the original entry restart the server Contact(s): Malcolm Wells SITARA: SEE ORIGINAL REPORT SUN/OSS SYSTEM: No Scheduled Outages. TELEPHONY: SEE ORIGINAL REPORT TERMINAL SERVER: No Scheduled Outages. UNIFY: Impact: Unify Power Time: Fri 4/13 at 5:00pm CST until Sat. 4/14 9:00am CST Description: Unify Power database migration cut-over preparation activities. Purpose: To prepare for next weekend's (4/20- 4/22) production migration of Unify Power to MS SQL Server. Technical Desc: Unify is undergoing a database migration for Power database to provide a more stable environment. Total Disruption of Service Contact(s): Regan Smith 713-853-9291 Brian Ripley 713-345-4709 Ramesh Rao 713-345-4207 ------------------------------------------------------------------------------ ------------------------------------------------------- FOR ASSISTANCE (713) 853-1411 Enron Resolution Center Specific Help: Information Risk Management (713) 853-5536 SAP/ISC (713) 345-4727 Unify On-Call (713) 284-3757 [Pager] Sitara On-Call (713) 288-0101 [Pager] RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager] OSS/UA4/TARP (713) 285-3165 [Pager] CPR (713) 284-4175 [Pager] EDI Support (713) 327-3893 [Pager] EES Help Desk (713)853-9797 OR (888)853-9797
Good morning. This is a reminder to everyone that there is an Audit Committee meeting scheduled for Wednesday, October 10, 11:00 a.m. - 2:00 p.m. CST. THIS WILL BE A CONFERENCE CALL; HOWEVER, FOR THOSE WHO WISH TO ATTEND, BOX LUNCH WILL BE SERVED. Meeting room: 6th Floor Green Room One i2 Place 11701 Luna Road The dial-in info is as follows: Dial-in: 877-468-2134 Host code (Bob) - 116339 Participant code - 741466 Audit Committee packages will be sent under separate cover via email from Keith Larney. If you have any questions, please feel free to contact either Keith at 469-357-4497, or myself at the number below. Thank you. ____________________ Shea Dugger Legal Dept. Tel: 469-357-4195 Fax: 469-357-6566 shea_dugger@i2.com
Apparently she thought Valentines was like a first date. Now she knows we've been dating since December.
we're still debating whether to issue a press release, but this is the letter that was sent out Friday... ---------------------- Forwarded by Karen Denne/Corp/Enron on 05/29/2001 10:01 PM --------------------------- Peggy Mahoney@EES 05/29/2001 09:15 AM To: James D Steffes/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Elizabeth Ivers/Enron@EnronXGate, Mark Koenig/Enron@EnronXGate, Paula Rieker/Enron@EnronXGate cc: Subject: final, final letter to California residential customers Final letter. We will hear from our customer service team as soon as we receive the first customer call. I will keep you all in the loop. Thanks! Peggy ---------------------- Forwarded by Peggy Mahoney/HOU/EES on 05/29/2001 09:13 AM --------------------------- Max Eberts 05/25/2001 11:12 AM To: Marty Sunde/HOU/EES@EES, Elizabeth Tilney/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Diann Huddleson/HOU/EES@EES, Peggy Mahoney/HOU/EES@EES, Lamar Frazier/HOU/EES@EES, Kevin Keeney/HOU/EES@EES, Marcus Dotson/HOU/EES@EES cc: Subject: final, final letter to California residential customers Diann received the word from Marty to begin the de-dasr-ing process within the next few weeks. Thus, we changed the last sentence of the second paragraph to reflect that. For everyone's records, this is the final, final copy that received the necessary approvals and that our customers will receive in the mail. Thank you.
---------------------- Forwarded by Angela Barnett/HOU/ECT on 12/01/2000 03:42 PM --------------------------- Deb Pepple <dpepplejes@netscape.net> on 12/01/2000 03:31:39 PM To: Angie Barnett <angela.barnett@enron.com>, Sandy Farrell <sfarrelljms@netscape.net>, Karla Funnell <jimmie4ever@aol.com>, Donna Hixon <dhixonhhe@netscape.net>, <bmetcalf863@earthlink.net>, <the.hen@gte.net> cc: Subject: Fwd: [Only In America] ____________________________________________________________________ Get your own FREE, personal Netscape WebMail account today at http://home.netscape.com/webmail Content-Transfer-Encoding: 7bit Message-ID: <001801c05a85$a2dcbf60$190b6520@Noell> From: "Noell" <noell@galaxyinternet.net> To: "Toni Wise" <twise@galaxyinternet.net>, "Stephen Rupchock" <SRup49120@aol.com>, "Kathy Spaugh" <KSpaugh@Hotmail.com>, "Joseph Gaunder" <joseph.gaunder@das.honeywell.com>, "John Gore" <acumen@beanstalk.net>, "Earl J. Metzler" <ejmetz@msn.com>, "Deb Pepple" <dpepplejes@netscape.net>, "Christine Whitaker" <Dccreation@aol.com> Subject: Only In America Date: Wed, 29 Nov 2000 23:05:21 -0500 MIME-Version: 1.0 Content-Type: text/plain; charset="Windows-1252"
The only significant legislative development, in addition to the Senate vote on AB 265, is that the leg. council draft of the Siting Bill, SB 2167 is available. We are getting our amendments out tonight. Closed door negotiations are supposed to start at 6 p.m. this evening. Everything else (Assembly Bill on San Diego, SCE/PG&E bill) is still churning. No reportable events.
I applied for the Origination - Wholesale position, job #1154 on the job posting board. I would like to have the attached resume sent to the hiring manager as well please. Please let me know if you have any comments or questions. Thanks
---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 10/31/2000 10:14 AM --------------------------- Benjamin Rogers 10/31/2000 08:38 AM To: JDaigh@Utilicorp.com cc: Subject: Here are the '01 O&M Budgets. Let me know if you have any questions. Ben
where is the email content? Jennifer Fraser 01/29/2001 09:34 AM To: Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT cc: Subject: Addtional Thooughts On Middle Marketing for Crude and Products
===================== FOOLWATCH - THE MOTLEY FOOL =============== Friday, October 19, 2001 benjamin.rogers@enron.com ================================================================= Editor's Picks: --------------------- - Buy With Your Heart - How Investing Is Like Golf - Best Broker Deal - Uncle Sam's Education Deduction ----------------------------------------------------------------- Close Change %Change FOOL 50 1,321.29 +8.19 +0.62% DJIA 9,204.11 +40.89 +0.45% S&P 500 1,072.71 +4.10 +0.38% NASDAQ 1,671.30 +18.58 +1.12% (Numbers as of 4:00 p.m. ET) THE LATEST MARKET NUMBERS http://www.fool.com/m.asp?i=523065 ----------------------------------------------------------------- SPONSORED BY: BUYandHOLD The market's short-term direction has always been unpredictable. Find out how to invest in uncertain markets at BUYandHOLD. http://www.lnksrv.com/m.asp?i=523066 ----------------------------------------------------------------- RULE BREAKER: BUY WITH YOUR HEART Just as you need to love your work to keep doing it, you need to love your companies to stay attentive to them. http://www.fool.com/m.asp?i=523067 FOOL ON THE HILL: HOW INVESTING IS LIKE GOLF In golf and in investing, emotional fortitude is a key determinant of long-term success. http://www.fool.com/m.asp?i=523068 60-SECOND GUIDE: BEST BROKER DEAL Are you paying too much to trade stocks? We'll help answer that question in our 60-second guide. http://www.fool.com/m.asp?i=523069 TAXES: UNCLE SAM'S EDUCATION DEDUCTION Beginning in 2002, Uncle Sam will give you an "above-the-line" deduction for higher-education expenses. Do you qualify? http://www.fool.com/m.asp?i=523070 NEWS: TOP STORIES McDonald's goes back to the basics, Microsoft reports first-quarter results, and Providian plummets. http://www.fool.com/m.asp?i=523071 FOR A COMPLETE LIST OF TODAY'S STORIES, CLICK THE LINK BELOW. http://www.fool.com/m.asp?i=523072 ----------------------------------------------------------------- SPONSORED BY: BUYandHOLD The market's short-term direction has always been unpredictable. Find out how to invest in uncertain markets at BUYandHOLD. http://www.lnksrv.com/m.asp?i=523073 ----------------------------------------------------------------- My Portfolio: http://www.fool.com/m.asp?i=523074 My Discussion Boards: http://www.fool.com/m.asp?i=523075 WANNA TAKE THE SHORTCUT? Check out our new Crash Courses, the fastest way to get your finances in order. Get results in less than an hour, for just $10. Try one today! http://www.fool.com/m.asp?i=523076 PERKS FOR FOOLS ONLY Get free stuff and special offers, just for you! http://www.fool.com/m.asp?i=523077 CUSTOMER SERVICE Ask our staff for help with email delivery problems. http://www.fool.com/m.asp?i=523078 UNSUBSCRIBE Here's how to unsubscribe or change your settings. http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers@enron.com _________________________________________________________________ Copyright (c) 1995-2001 The Motley Fool. All rights reserved. Legal Information: http://www.fool.com/m.asp?i=523079 MsgId: msg-2871-2001-10-19_17-21-50-6251081_1_Plain_MessageAddress.msg-17:23:19(10-19-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: benjamin.rogers@enron.com
Steve, I can pick up the cost of your trip from the Research Group budget. The more I think about it, the more I am convinced it would be difficult to justify 2 trips per person. I think that we should go for one contiguous stay per person and make a good effort to make these trips productive. Vince Steven Leppard 05/11/2000 03:41 AM To: Vince J Kaminski/HOU/ECT@ECT cc: Dale Surbey/LON/ECT@ECT Subject: Summer visits Vince Thanks for offering to look my presentation over. The deadline for submission has been extended until tomorrow (Friday), so there's less of a hurry. As regard our summer visits, we'll need to speak to Dale over the budget. Personal commitments mean it's difficult for me to take two whole months to visit, so if the cost is prohibitive I may need to make just one shorter visit. I'd obviously like to spend longer, and two visits seems to be the only way I can do it. I believe the situation is similar for Kirstee. I've persuaded Richard to pay for Matt's visit in its entirety, and I've no doubt that RAC/Credit Trading will pick up the bills for Ben and Kirstee. It's difficult to think who'd be the natural group to pay for me. I honestly think I'll have difficulty persuading, e.g. Richard, that it's worth his while to pay for my visit. I get the impression he thinks I'm doing OK without the need to go to Houston for further training. I'm interviewing a candidate for Bjorn's model review role during today's videoconference, so we'll need to speak beforehand or perhaps Friday. All the best, Steve Vince J Kaminski 05/10/2000 01:54 PM To: Steven Leppard/LON/ECT@ECT cc: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Pinnamaneni Krishnarao/HOU/ECT@ECT Subject: Conference Steve, I am tied up at the Power2000 conference. I shall get back to you with my comments on Thursday morning. I also want to talk to you tomorrow about finalizing the dates of the summer rotations. We are talking to HR here about apartments, car rentals, and other arrangements for the London team for the summer. I promised to give them the names and dates by the end of the week. Sorry for the delay in sending you my comments. Vince
Please keep Lance Schuler and me up to speed on these issues. Thanks. Mark Haedicke ----- Forwarded by Mark E Haedicke/HOU/ECT on 02/16/2001 02:56 PM ----- "Vasco de Castro Ferraz Junior" <vcferraz@elektro.com.br> 02/16/2001 01:56 PM To: Gail.Brownfeld@enron.com cc: assad@elektro.com.br, Bruce.Lundstrom@enron.com, John.Novak@enron.com, Mark.E.Haedicke@enron.com, Orlando.gonzalez@enron.com, Richard.B.Sanders@enron.com, Robert.C.Williams@enron.com Subject: Re: Bermudes OK Once again, thank you so very much. Vasco. >>> <Gail.Brownfeld@enron.com> 2/16/01 10:41:43 am >>> Thanks for the information. I'll review it and contact Jim Derrick seeking approval both for Mr. Bermudes to represent Elektro and for the filing of the lawsuit. Hopefully, I'll hear from him today. I don't expect it to take longer than Monday. Thanks for your patience. "Vasco de Castro Ferraz Junior" <vcferraz@elektro.com.br> on 02/15/2001 05:20:20 PM To: Gail.Brownfeld@enron.com cc: assad@elektro.com.br, John.Novak@enron.com, Orlando.gonzalez@enron.com Subject: Bermudes Gail I have mentioned to you today by telephone about our discussions with ANEEL regarding the automatic passthrough of taxes and legal encumbrances, including a legal opinion we have obtained from Sergio Bermudes/Marcelo Ferro law firm in relation to this subject. Orlando and Sergio Assad are about to gave me their clearance to start a legal suit against ANEEL having in view its refusal to grant to Elektro such passthrough. It is my opinion that this case should be handled by Bermudes. Do you know if Bermudes is authorized by Enron to represent us as one of our litigation law firms? If notI would apreciate your help to obtain such authorization. Bermudes is a very well known litigation lawyer with a sound reputation in Brazil and abroad. Attached you will find his legal opinion I referred above. Sergio Bermudes / Marcelo Ferro CVs in English can be reached in the internet at the following address: www.sbadv.com.br Kind regards Vasco. (See attached file: Elektro legal_opinion_dec12.doc)
Please see the attached memo from the CLE Committee regarding CLE credits for the 2000 Enron Law Conference.
CALENDAR ENTRY: APPOINTMENT Description: Shane Lakho/Operator Choices conference room 48C1 Ava Date: 10/24/2000 Time: 10:30 AM - 11:30 AM (Central Standard Time) Chairperson: Outlook Migration Team Detailed Description:
The new version 3.0.0.36 of the Forward Obligation Report is in production again. The report can be run against scheduling data now. -----Original Message----- From: Luu, Duong Sent: Monday, March 12, 2001 4:28 PM To: White, Stacey; Latham, Jenny; Evans, Casey; Lewis, Jon Paul; Vinson, Donald Wayne; Dahlke, Andrea; Gim, Steve; Tisdale, Marilyn; Allen, Thresa; Postlethwaite, John; Bentley, Corry; Reeves, Leslie Cc: Kroumov, Kroum; Smith, Will F. Subject: RE: Change to Forward Obligations Report Stacey, I rolled back fwdobl.exe Sunday since a trader in the WEST found a big problem. Currently, Kroum is fixing the problem. Thanks, dluu -----Original Message----- From: White, Stacey Sent: Monday, March 12, 2001 9:44 AM To: Latham, Jenny; Evans, Casey; Lewis, Jon Paul; Vinson, Donald Wayne; Dahlke, Andrea; Gim, Steve; Tisdale, Marilyn; Allen, Thresa; Postlethwaite, John; Bentley, Corry; Reeves, Leslie Cc: Luu, Duong; Kroumov, Kroum Subject: Change to Forward Obligations Report Please note that the forward obligations report will now read from the Scheduling Tables rather than the Deal Entry Tables whenever scheduling data exists. Please forward this e-mail this to other individuals in your groups who use this report. The data was tested by the Portland office, if you notice problems with the report please refer your questions to Kroum Kroumov or Duong Luu. Thanks, Stacey ---------------------- Forwarded by Stacey W White/HOU/ECT on 03/12/2001 09:27 AM --------------------------- From: Duong Luu/ENRON@enronXgate on 03/09/2001 02:22 PM To: Valarie Sabo/PDX/ECT@ECT, Kroum Kroumov/ENRON@enronXgate cc: Diana Scholtes/HOU/ECT@ECT, Cara Semperger/PDX/ECT@ECT, Will Smith/HOU/ECT@ENRON, Stacey W White/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Fran Chang/PDX/ECT@ECT, Samantha Law/PDX/ECT@ECT, Heather Dunton/PDX/ECT@ECT, Duong Luu/HOU/ECT@ENRON Subject: RE: release to production of scheduling forward obs. report All, I've just released FwdObl.exe to PRODUCTION from STAGE dluu -----Original Message----- From: Sabo, Valarie Sent: Friday, March 09, 2001 12:23 PM To: Kroumov, Kroum Cc: Scholtes, Diana; Semperger, Cara; Will Smith/HOU/ECT@ENRON; White, Stacey; Belden, Tim; Chang, Fran; Law, Samantha; Dunton, Heather; Duong Luu/HOU/ECT@ENRON Subject: release to production of scheduling forward obs. report I've tested the "schedule" version of forward obs. It seems to be working well. The wish list might include a summary page to show the desks net 0. And it could use a default that pulls all the west desks when the West portfolio is clicked, while retaining the flexibility of overriding the west default to choose individual desks - HOWEVER - it does work fine the way it is. Please release this to production and let Fran Chang, Heather Dunton, Samantha Law and Diana Scholtes know when it is released. Thanks!
Cooper, This is the website I use: http://ectpdx-sunone/~ctatham/navsetup/index.htm Should I use a different address.
Jay, Jim from Prediction Company inquired about a visitor account. Can we give it to him? Vince -----Original Message----- From: rjn@predict.com@ENRON On Behalf Of Jim Nusbaum <rjn@predict.com> Sent: Tuesday, October 30, 2001 12:14 PM To: Kaminski, Vince J Subject: request Sure you are busy. Sorry about the troubles. Would it be possible for us to get a read-only account for Enron Online so that we can monitor things? -- Jim Nusbaum rjn@predict.com Chief Technology Officer Prediction Company phone: 505-984-3123 fax: 505-983-0571
---------------------- Forwarded by Phillip K Allen/HOU/ECT on 06/12/2000 10:55 AM --------------------------- From: Tim Belden 06/11/2000 07:26 PM To: Phillip K Allen/HOU/ECT@ECT cc: Subject: Thoughts on Presentation It is a shame that the CAISO doesn't provide actual generation by unit. The WSCC data, which is dicey and we don't have until July 1999, and the CEMMS, which comes on a delay, are ultimately our best sources. For your purposes the CAISO may suffice. I think that you probably know this already, but there can be a siginificant difference between "scheduled" and "actual" generation. You are pulling "scheduled." If someone doesn't schedule their generation and then generates, either instructed or uninstructed, then you will miss that. You may also miss generation of the northern california munis such as smud who only schedule their net load to the caiso. That is, if they have 1500 MW of load and 1200 MW of generation, they may simply schedule 300 MW of load and sc transfers or imports of 300 MW. Having said all of that, it is probably close enough and better than your alternatives on the generation side. On the load side I think that I would simply use CAISO actual load. While they don't split out NP15 from SP15, I think that using the actual number is better than the "scheduled" number. The utilities play lots of game on the load side, usually under-scheduling depending on price. I think the presentation looks good. It would be useful to share this with others up here once you have it finished. I'd like to see how much gas demand goes up with each additional GW of gas-generated electricity, especially compared to all gas consumption. I was surprised by how small the UEG consumption was compared to other uses. If it is the largest marginal consumer then it is obviously a different story. Let's talk.
Sara: I'm not sure if maybe another version of the confirmation was inadvertently attached, but the attached version that I received is unchanged from the earlier version that was circulated on 9/27. Thanks. Brent From: Sara Shackleton@ECT on 10/03/2000 06:51 PM To: Donette Dewar/HOU/ECT@ECT, Brent Vasconcellos/Corp/Enron@ENRON cc: Subject: Raptor 2 hedge Sorry, I missed your names on the original message. SS ----- Forwarded by Sara Shackleton/HOU/ECT on 10/03/2000 06:50 PM ----- Sara Shackleton 10/03/2000 06:44 PM To: Scott Sefton/HOU/ECT, Ryan Siurek/Corp/Enron, Gordon McKillop/NA/Enron, AnnMarie Tiller/Corp/Enron, Randy Young/NA/Enron, Gregory Adams/Corp/Enron, Bob Butts/GPGFIN/Enron, Frank Stabler/ENRON_DEVELOPMENT, mspradling@velaw.com, jdilg@velaw.com cc: Mark Taylor/HOU/ECT@ECT Subject: Raptor 2 hedge Attached is a revision to the original swap confirmation. I have tried to incorporate all of the concepts discussed yesterday. Please send comments or call (X35620). I will be out of town after noon on Thursday for an offsite. Sara
Tana/Karen: The product long description below will fall under the new product type US ResiOil Swap. Credit (Tom Moran) has approved copying the profiles for the new product type from the following: US Oil HSFO Fin Swap Please respond by 10 a.m. on Tuesday, February 27. Thank you. Stephanie ---------------------- Forwarded by Stephanie Sever/HOU/ECT on 02/23/2001 05:27 PM --------------------------- From: Lisa Lees 02/23/2001 11:23 AM To: Tom Moran/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT cc: Stephanie Sever/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Chris Walker/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON Subject: New Product Type (US ResiOil Swap) Just a "heads up". This product will be uploaded next week. Stephanie will coordinate with you between today and Monday regarding profiles. ---------------------- Forwarded by Lisa Lees/HOU/ECT on 02/23/2001 10:15 AM --------------------------- Chris Walker 02/23/2001 10:00 AM To: Matthew Adams/Corp/Enron@ENRON cc: Robert B Cass/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON, Lisa Lees/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tara Sweitzer/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT Subject: New Product Type (US ResiOil Swap) Matthew, Have you had a chance to look at this? Please let me know if you need additional information. CW I need a sigma factor for the following product type. Thanks, Chris Walker 3-7533 US ResidOil Swap Platts NY No. 6 1% Apr01 USD/bl/m A US Residual Fuel Oil financial Swap Transaction with Enron North America Corp. under which the Seller pays a Floating Price and the Buyer pays the price submitted by Counterparty on the Website (the Fixed Price) in each case in respect of the Notional Quantity per Determination Period. Each calendar month during the term of the Transaction will be a Determination Period. The Notional Quantity per Determination Period shall be the volume for the relevant Determination Period (calculated using the volume submitted by Counterparty via EnronOnline). The Payment Date(s) will be 5 business days after the Floating Price is determinable. The Floating Price shall be the Index for the relevant Determination Period. The term of the Transaction shall be from the Effective Date of 01 Apr 2001 to the Termination Date of 30 Apr 2001. The Index shall be the arithmetic average of the mean of the daily quotations for No. 6, 1% S Max appearing under the heading "New York/Boston Cargo" in the section entitled "Product Price Assessments" for those issues of Platt's Oilgram Price Reports published for the applicable Determination Period. The price is quoted in US Dollars per unit of measure, which will be the Contractual Currency. The unit of measure against which the price is quoted shall be Barrels per month and the quantity shown shall be in Barrels per month.
RRRIIIGGHHTTTT! reporting I was absolutely FUUUUUZZY! the next day.....could be the extracurricular mini-man-night Joe & I performed at the "Roll-N" at the tracks..oh yeah, I had to start smoking again too...just not my week to stop sniffing glue. what? Fish products(incl. eye): Yummy Red fish dip: agreed on the thick V-8, of course we gringos have always been accused of over-doing Mex. fair, hence Tex-Mex, Pappasitos has made millions over doing Mex food. Beer(XX): abundant Service: attentive!! "Uno mas Cervesa por favor senorita!" ..and she did. The others: perfect entertainment despite the "partner's" everpresent nervous grimace. Glad to see Chompers out! I say lets invite one other individual every time that we can disturb--kinda like a deer lease interview. All in all, good venture, I think I have put most of the fish back in the water by now. C. ----- Original Message ----- From: Brian Constantine Sent: Friday, March 01, 2002 11:47 AM To: Erik Wollam; bcorrier@cox-internet.com; knipe3@msn.com; chet_fenner@bmc.com; c.r.zander@att.net; Joe.Parks@enron.com; john.chambers@bisys.com Subject: RE: RESULTS OF MAN NIGHT Ok...I thought the addition of "life partners" to the table simply intensified the revelry normally associated with "Man Night"... it was like the testosterone crescendoed to its normal Deer-lease range once the "other side" joined our fray. Up until that point, I thought everyone's mini-meetings regarding isolated work-related gibberish was very non Man-like, almost to the point of boredom. Thank God "They" arrived b/c they brought out the best in the "Men". It was either that or the $190.00 worth of alcoholic beverages that did it. RE: The food... Salsa was uninspired...but had good bite. Queso is queso when doctored with proper amounts of capsicum, thus pushing the Scoville Units up to an acceptable level. Mexican Seafood Cocktail...Good effort at the traditional version, albeit the least adventuresome. They make one that has shrimp,crab, octopus, squid, fish, etc. that would have gone over even better with the organ meat eaters. Does not compare to Goode Co.'s version, which is Tex-Mex'ized. Must be why Joe thought it was Ketchup....This version, which I have eaten in Mexico is nothing more than Ceviche'ized random seafood, Pico, and the Mexican equivalent of V8 juice. Served with lime wedges and saltine crackers, like the natives do it. Fish and Shrimp Main Course....Thought the fish was exceptionally fresh and tasty. Enjoyed the "Diablo" version the best w/ the corn tortillas and Guacamole. Very unique item seldom seen on menus. Would go back just for that. The shrimp suffered from too long in the fryer disease. It needs to be started in the fryer, cooked 1/4 of the way to render the bacon fat away, then finished over a char-grill to give it a smoky flavor. That step seemed to have been left out...fryer the whole time. They probably don't even have a char-grill. Ritas- "Rocas" were good, Frozen was non-descript. Dos XX reliable as always. Perhaps we will get Michaladas next time, as discussed. Overall...I'd go back, like I said, just for that fish!!!! OUT -----Original Message----- From: Erik Wollam [mailto:erwollam@hotmail.com] Sent: Friday, March 01, 2002 10:59 AM To: bcorrier@cox-internet.com; knipe3@msn.com; chet_fenner@bmc.com; c.r.zander@att.net; Joe.Parks@enron.com; john.chambers@bisys.com; Brian Constantine Subject: RESULTS OF MAN NIGHT Had fun. Glad to see everyone at the Hybrid man night. Reported to Zander, who was glad to hear we enjoyed the food. Joe that was not a TV dinner. We still need to take care of the deer lease food/beer issues. ....whenever. FYI John (Wollam) is fine. Has a pulled muscle in his neck. Enjoyed eating eyes, eye socket fatty tissue, head meat, talking about how much I care for my dog, eating heart meat, men playing with their meat, bowel distress and "grapes" and seeing how it played out for the one MAN audience. I doubt Dave Wieland will join us again and Ted will likely be asked to turn down the next invitation to join us by his friend. I give the food an A+, service was also excellent. Chad gets the award for being most "in" to the effort. I will mark my calendar for 60 days to rip a thread for the next effort. e. _________________________________________________________________ Join the world's largest e-mail service with MSN Hotmail. http://www.hotmail.com
I know how much you're looking forward to "Ted's Weekend of Rest and Relaxation" and I also realize that carting me back and forth to the car dealership wasn't exactly on your list of things to do (bear in mind the dealership is roughly 5 minutes from your apartment)...So, I'm offering you an out. I can find someone else to help me if you want to bail (I know how important your pool-side time is - Remember it's all about you and your needs." Just let me know. FYI: Galveston does not look like this...
-----Original Message----- From: Elafandi, Mo Sent: Friday, February 22, 2002 11:47 AM To: Motley, Matt Subject: Elafandi Resume Mo Elafandi Enron North America 121 SW Salmon, 3WTC0306 Portland, OR 97204 503-464-5106 Fax 503-464-3740 Cellular 503-860-8564
I'm good with Maria's changes. Thanks both. DF Maria Pavlou 11/06/2000 10:14 AM To: Steve Kirk/ET&S/Enron@ENRON cc: Drew Fossum/ET&S/Enron@ENRON Subject: Re: New Product Version - Daily TFX I made a few revisions. Pls. call me if you have any questions. thanks, Maria Steve Kirk 11/06/2000 08:51 AM To: Drew Fossum/ET&S/Enron@ENRON, Maria Pavlou/ET&S/Enron@ENRON cc: Subject: New Product Version - Daily TFX Tony is on vacation today. Please review asap. Thanks. ---------------------- Forwarded by Steve Kirk/ET&S/Enron on 11/06/2000 08:49 AM --------------------------- Steve Kirk 11/06/2000 07:47 AM To: Tony Pryor/ET&S/Enron@ENRON cc: Jo Williams/ET&S/Enron@ENRON Subject: New Product Version - Daily TFX Tony, I need your review and approval asap for the attached E.Dubuque delivery products that are "daily" in nature (one is for receipt at Ventura and the other is for receipt at Demarc). The rate aspect is the same language as the one-part rates we have already used (designated as "R+C). This "Dly" designation means that the term is one day which will be rolled over day-to-day unless either party cancels the rollover. The term language shown here is the same as the "daily" language we have been using. Call me with your questions. Thanks. x7067.
Periodically, I need some help in data gathering for analysis. Is it possible for someone at Enron to occasionally provide the gas market data that I need? I would like to look at the following data for 1999 and 2000 prior to our November 13 meeting. * Daily Henry Hub Prices * Daily Ventura Prices * Monthly Index Henry Hub (Inside FERC Gas Market Report) * Monthly Index Ventura (Inside FERC Gas Market Report) Please give me a call.
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 04/03/2000 05:12 PM --------------------------- From: Dave Nommensen 04/03/2000 04:51 PM To: Edward Terry/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Tricia Bowen/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Maria Garza/HOU/ECT@ECT, George Smith/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Carlos J Rodriguez/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Kimberly S Olinger/HOU/ECT@ECT cc: Tommy J Yanowski/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Thomas Engel/HOU/ECT@ECT, Robert Superty/HOU/ECT@ECT, Inja Chun/HOU/ECT@ECT Subject: Procedure for adding new Capacity tickets for multi-desk Service utilization - revised Revision in bold. Pass on to any who may need this. In order to provide the ability to track transport expense by Desk, Sitara was modified to allow multiple Transport Capacity tickets for the same Service Contract provided that they are for different desks and only one is tagged as "Primary". Here is the procedure for setting up new Capacity tickets to reflect the "other" desks: a. You will probably first notice this via a warning/error message in Path Manager when building a new path. The message will read something like "Source/Destination 123456 for desk IMCT does not match Service contract 3434 and will be removed." b. Make note of the deal number in the Service List of the Service contract that you were using in the new path. c. Open that Transport Capacity deal in Sitara. Then hit Copy. d. On the new deal: Change the Buyer from the old desk to the new desk that matches the Supply or Market deal that you are pathing with. If it a deal for which we are agent, then don't change the Buyer but instead change the Agent to the new desk. The "primary" deal will carry the actual Agent. The Agent contract will get cleared. Re-select the Agent Contract. Changing the Buyer causes the Contract field to get blanked out. Re-select the Pipeline contract. Just above the various exchange line items is a Primary Deal check box. Un-check it. On each exchange line item, change the MDQ to zero and for any Negotiated rates, uncheck them as well. The "primary" deal will carry the MDQ and any negotiated Demand, Commodity or fuel. Hit Release. e. You may need to re-retrieve Path Manager. You should see the Deal number in the Service list now read "Multiple". Right-click/Service Deals will list the specific deals. f. Re-build the path as you originally desired. The warning/error message should not appear again. This could occur for any combination of Desk and Service Contract. Please file this in your "Call Dave If I Can't Find This" folder. Thanks, d.n.
No I don't know about a power plant in Ontario. How is it going in Seattle? Hope all is well. Give us a call sometime. -----Original Message----- From: "J&J Zufferli" <jzufferli@home.com>@ENRON Sent: Tuesday, August 28, 2001 10:40 AM To: Zufferli, John Subject: Fw: work email You may want to reply directly too. Sounds like he did not get our messge. jess ----- Original Message ----- From: "David P. Smith" <dsmith@ptc.com> To: "john zufferli" <jzufferli@home.com> Sent: Tuesday, August 28, 2001 9:43 AM Subject: work email > Hi Kids: > > Hope all is well. What is John's email @ enron? > > John do you know anything about a power plant Enron Canada is building > in Ontario? where exactly? > > In hoc, > > pb smith :) > >
Chris, Per our conversation, I am attaching a sample form of ISDA for both a Canadian corporate and a Canadian governmental. With the governmental, the proposed form of legal opinion attached to the ISDA Schedule would have to be modified depending on your particular situtation (see footnotes in opinion). As I also mentioned, we are making some revisions to the guaranty we are getting from Hydro-Quebec in response to comments from counsel, and we may want to make some of the same changes to guarantees we receive from any governmental guarantor. If you end up having a governmental guarantor, let me know and I'll send you down the revisions. By copy of this email to Joe Hunter on the Confirmation Desk, I am asking him to email you copies of the form of Omnibus Confirmation and Annex A thereto for an ECC/Canadian Counterparty Deal. I have to say that if you end up transacting with a governmental entity, our form of confirmation will not include the reps and warranties required to transact with such counterparties, since we never trade financial with governmentals prior to execution of a master. If you go down that road we may have to come up with some kind of form, but the best route is to get the ISDA in place first.
Both deals were just entered - you should see them come through now. Thanks, Kate Evelyn Metoyer@ENRON 04/26/2001 02:10 PM To: Kate Symes/PDX/ECT@ECT cc: Subject: 4/26 Checkout Bloomberg ALL O.K PREBON Bob Badeer: I am missing: Enron buys BP Q4'01 Sp at $168 Jeff Richter: I am missing : Enron sells to Reliant for 4/30 SP-15 at $320 AMEREX WEST ALL OK
I don't miss Reliant at all. I love it over here. Lots to do and.. I am learning all sorts of stuff - hopefully will be able to transfer into something different eventually. Have fun at the Kentucky Derby - is this a company sponsored thing? -----Original Message----- From: Clint.Dean@enron.com [mailto:Clint.Dean@enron.com] Sent: Thursday, May 03, 2001 10:29 AM To: Mobley, Rena Subject: RE: May Birthday Bash (Andrea, Hilary, Marnie & Rena) Okay, just as long as you'll be there looking hot. Its nice to finally hear from you since you've been over there. Do you miss Reliant? Is El Paso treating you well? I'm doing well, but drinks will have to wait. I'm working very hard right now. I'm going to the Kentucky Derby this weekend. It should be fun. John Kim is going as well. "Mobley, Rena" <Rena.Mobley@ElPaso.com> on 05/03/2001 09:57:32 AM To: "'Clint.Dean@enron.com'" <Clint.Dean@enron.com> cc: Subject: RE: May Birthday Bash (Andrea, Hilary, Marnie & Rena) you know my strategy!!!! no beautiful women around me!!!!!! so.. you are out of luck unless you come to just see me!!!! just kidding - I have NO idea but.. should be a few at least. How are you? When do you want to get together and have a drink? -----Original Message----- From: Clint.Dean@enron.com [mailto:Clint.Dean@enron.com] Sent: Thursday, May 03, 2001 9:48 AM To: rena.mobley@elpaso.com Subject: Re: May Birthday Bash (Andrea, Hilary, Marnie & Rena) How many hot chicks will be there? **************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ************************************************************** ************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************
Attached is the Daily List for May 8 as well as the Master Termination Log, which incorporates all terminations received through May 8. Stephanie Panus Enron Wholesale Services ph: 713.345.3249 fax: 713.646.3490
Evenings 281-499-2861
To assist in reporting based on the reorganization, custom list are available that reflect the MARC groups. These lists are below. Marc List Business Area MARC_Assets Asset Mgmt. and/or Construction MARC_C&T Commodity and Trading MARC_Dissolved Dissolved MARC_Europe Europe MARC_IAO India, Asia and all other International MARC_Inactive Completely Inactive MARC_International International MARC_LA Latin America MARC_London London MARC_ME Holding / Administrative Companies MARC_N&S Networks & Services MARC_NA North America MARC_Omaha Omaha MARC_Pshp Partnerships MARC_SA South America MARC_Struc Structured Transactions MARC_Unassigned Unassigned The list can be accessed via report master. Therefore, a report for an entire MARC group can easily be run. The list were created via the master company list maintained by Vicsandra as of Friday, October 5, 2001. Please let me know if you have any questions or comments. Glenn Kobes Tax Solutions Team 713 853 4798 EB 1733 http://tax.enron.com/
AURORA Version 5.2 -The fastest model just got faster- EPIS Announces the release of AURORA, version 5.2 AURORA the electric market price forecasting tool is already legendary for power and speed. We've combined a powerful chronological dispatch model with the capability to simulate the market from 1 day to 25+ years. Add to that a Risk Analysis section, powered by user selectable Monte Carlo &/or Latin Hypercube modeling, enough Portfolio Analysis power to please the toughest critic, & inputs and outputs from standard EXCEL & ACCESS tables and you've got one of most powerful tools in the market. Just a few months ago we expanded our emissions modeling capabilities, added our quarterly database update, increased the speed of the entire model, and made But that wasn't enough. We've done it again. Some of the operations that we've included... Two new reporting enhancements. The first is marginal reporting for fuels, resources and groups of resources. The second is the ability to display resource stack information in graphical and dispatch order form. Other enhancements include dual fuel modeling, improved transmission modeling, greater access to hourly results, and the ability to model monthly emission rates. Moreover, the databases for Central and Eastern, Texas, and Western markets have been updated to use the new modeling capabilities. We continue to make AURORA easier to use. This version enhances user control over modeling, editing inputs, and viewing of AURORA output. Clients desiring to exploit the power of AURORA now have greater control over the inputs and outputs through VB Scripting in AURORA. The new "update data" capability provides a means to universally change any data element. Attached is more information on the fastest and most flexible tool of its kind. For additional information, please visit our website (www.epis.com) or contact our Sales Department at (503) 722-2023. Ask about our special 7-day demo! V. Todd Wheeler Sales Manager EPIS, Inc. (503) 722-2023 Tel. (503) 722-7130 Fax www.epis.com todd@epis.com <<What's new - Version 5.2 Information.doc>> <<Technical Information AURORA V5-2.doc>> - What's new - Version 5.2 Information.doc - Technical Information AURORA V5-2.doc
Attached please find a Settlement Letter regarding the above referenced.
Group, Our discussion forum notes as a group are significantly improved in the past 3 weeks in many areas. I believe communication in the group at shift changes is improving and is quite good in general. However, there is always room for more improvement. Specifically, other traders in the group and on the floor would benefit from more detailed information regarding outages. Please try to include the reason for a plant derate as well as the ETR when a unit is lost. I would also highly recommend notifying the cash desk in the region affected by the outage, either by email or verbally. An important outage was recently missed by both the real-time group and another cash desk on the floor. Real-time had ready access to the information concerning the outage but did not pass that information on to others in the group at the shift change or others on the floor. In this case, such poor communication simply made us look foolish. We work hard for (and justly deserve) the solid reputation we have on the floor. Let's make sure we do the little things to maintain it. Again, keep up the good work. Bill
We have several ISDA with Lehman Brothers. Attached is an Icon that will allow you to view the Financial Trading Agreement Database, which all the Legal Dept., including the London Legal Dept. should use to track their financial master agreements. Matt Dawson know how to use this database, if you need to visit with him. Link --> By copy of this email to Mike Neves, I am requesting that you be granted full edit access to this database (Mike, Denis is a lawyer from London). Denis O'Connell 12/21/2000 03:44 AM To: Tana Jones/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Stephanie Panus/NA/Enron@Enron cc: Subject: URGENT I would be grateful if you could confirm whether or not Enron Corp. (or indeed any other Enron entity) has entered into an ISDA with a Lehman Brothers etity. If so can you e-mail me the docs ? Many thanks & seasons greetings, Denis ---------------------- Forwarded by Denis O'Connell/LON/ECT on 21/12/2000 09:43 --------------------------- Clare.Godson@AllenOvery.com on 20/12/2000 18:30:46 To: Denis.O'Connell@enron.com, nicholas.j.stephan@enron.com, mihoward@lehman.COM, Simon.Brooks@enron.com, avaradha@lehman.com cc: Subject: ISDA negotiation between LBIE and EnronCredit.com Further to our telephone conference call this afternoon I thought it would be useful to set out the points that were discussed and the outstanding issues together with an indication of who is responsible for the next step on those points. Please find attached a document which does this. I understand that the parties would like to have a further conference call tomorrow or probably more likely on Friday to revisit these issues and see what progress has been made. Please do not hesitate to contact me with any queries. Kind regards, Clare Godson Allen & Overy ====================================================================== This email is confidential and may also be privileged. If you are not the intended recipient please notify us immediately by telephoning +44 (20) 7330 3000 and requesting the Technology Services Helpdesk. You should not copy it or use it for any purpose nor disclose its contents to any other person. Allen & Overy One New Change London EC4M 9QQ Tel:+44 (20) 7330 3000 Fax: +44 (20) 7330 9999 General Email: Helpdesk@allenovery.com www: http://www.allenovery.com Allen & Overy is a solicitors' partnership. A list of the names of partners and their professional qualifications is open to inspection at the above office. The partners are either solicitors or registered foreign lawyers. ====================================================================== - table of outstanding issues lehmans.DOC
Please send those to Scott Goodell and he will get them to the right person. I believe ENA should be paying all those bills effective 1/1/2000. Scott's address is P.O. Box 1188 Houston, TX 77251-1188 His number 713-853-7711 thanks. jhickman@columbiaenergygroup.com on 08/08/2000 11:06:41 AM To: " - Chris.Germany@Enron.com" <Chris.Germany@Enron.com> cc: " - Miller, Stacy" <samiller@columbiaenergygroup.com>, " - Watkins, Julie" <jwatkins@columbiaenergygroup.com>, " - Stonestreet, Steven" <sstonestreet@columbiaenergygroup.com>, " - *Ng, Michael" <mng@columbiaenergygroup.com> Subject: Outstanding Invoices Chris, Columbia Marketing has some outstanding invoices from Jan - Mar of this year for gathering and processing charges against contract 50140 IGS. I talked with Doug Kinney at CES, and he referred me to you. Should Enron be paying these charges? Do you need me to send copies of the invoices to you, or do you have an accounting contact for me? Any help you can give me would be greatly appreciated. PS Credit tells me that the Jan Gulf invoice is outstanding, also.
Thanks all - I'm sorry for all the confusion. Reyna - I will call you next week. I just have a couple questions. Thanks again. I hope everyone has a great Thanksgiving. MW -----Original Message----- From: Cabrera, Reyna Sent: Wednesday, November 21, 2001 10:39 AM To: Bodnar, Michael; Medeles, Gerry; Winckowski, Michele; Blair, Lynn Subject: RE: SBA Contracts In a discussion with Steve Kirk, prior to changing the priorities, it was agreed that SBA shippers should have priority over Interruptible and Alternate shippers only. Firm shippers would continue to have priority over SBA shippers. Since Gerry's group implemented the changes, we have not been in a situation where a SBA was called to come in (or go out) at an allocated point. Gerry's system requirements as to how the system would operate under these conditions would be the support you need to verify that Firm shippers have priority over SBAs. Gerry, would you forward Michelle a copy of the System Requirement? Thanks. Reyna Cabrera X33072 -----Original Message----- From: Bodnar, Michael Sent: Wednesday, November 21, 2001 6:28 AM To: Medeles, Gerry; Winckowski, Michele; Blair, Lynn Cc: Cabrera, Reyna Subject: RE: SBA Contracts Michele, I'm not sure the information is readily available, if available at all. TMS data is only maintained, without extraordinary measures, for 6 months. It is my recollection that there may have been an allocation at a point where SBA gas was scheduled and when that occurred the standard allocation procedures were enforced. I think once we asked the shipper to move the SBA activity to another point, but that was pre GISB. Unfortunately, because of the how the SBA's work, the pack, draft and peak points are negotiated in advance which limits the points to use. Also, the 28-30 hr lead time required for notification means that we have to anticipate what system conditions will become and therein use SBAs to improve system conditions. Sometimes we miss the mark, either cold weather does not materialize or moves in late or shipper activity increases and in hindsight, an SBA was not necessary. Reyna may have some additional insight in more recent SBA activities. -----Original Message----- From: Medeles, Gerry Sent: Wednesday, November 14, 2001 2:31 PM To: Winckowski, Michele; Bodnar, Michael; Blair, Lynn Cc: Cabrera, Reyna Subject: RE: SBA Contracts I am not sure I understand the question. Do you mean at anytime we call on SBA volumes, we never/should not allocate the location? -----Original Message----- From: Winckowski, Michele Sent: Wednesday, November 14, 2001 1:32 PM To: Bodnar, Michael; Blair, Lynn Cc: Cabrera, Reyna; Medeles, Gerry Subject: RE: SBA Contracts I guess the question is - have we ever actually reviewed when we call on the SBA volumes and what the system conditions have been during those periods. We want to verify that we are not allocating a point when we have SBA gas flowing. Theatrically, we argue that we would not call on SBAs if the gas was not needed to meet system requirements. We' want to verify that the theory and the actual match up. I hope this makes sense. Thanks MW -----Original Message----- From: Bodnar, Michael Sent: Wednesday, November 14, 2001 1:15 PM To: Winckowski, Michele; Blair, Lynn Cc: Cabrera, Reyna; Medeles, Gerry Subject: RE: SBA Contracts Yes, you are correct. The changes in the business requirements for the scheduling priority of SBA contracts will not impact NNG's primary firm shippers. What do you need to verify and support this fact? -----Original Message----- From: Winckowski, Michele Sent: Monday, November 12, 2001 2:53 PM To: Blair, Lynn; Bodnar, Michael Subject: SBA Contracts Contract Shippers Contract Date 107018 Tenaska Marketing Ventures Nov 1 2000 107019 Texaco Gas Marketing Nov 1 2000 107021 OGE Energy Resources Nov 1 2000 107989 Tenaska Marketing Jun 1 2001 108021 Arkla Energy Marketing Co. Jul 1 2001 108284 Tensaka Marketing Ventures Nov 1 2001 108290 Texaco Gas Marketing Nov 1 2001 108281 El Paso Merchant Energy Nov 1 2001 108282 UtiliCorp United, Inc. Nov 1 2001 108283 Engage Energy American Nov 1 2001 These are the SBA contracts that were provided during the due diligence. I'd like to be able to verify and support that the changes in the business requirements for the scheduling priority for these SBA contracts do not result in an impact to NNG's primary firm shippers. Your assistance would be greatly appreciated. Thanks MW
Test
Tiny, Thanks for the invitation. Due to Transwestern's financial situation and the need to limit all travel that is not absolutely essential, I will have to pass on this event. It sounds like it will be fun. I may schedule a trip later to visit the Red Rock facilities and meet with some customers. Thanks. Steve -----Original Message----- From: Roensch, David Sent: Monday, January 14, 2002 1:04 PM To: Harris, Steven; Watson, Kimberly; Hyatt, Kevin Cc: Kingman-Needles, Team Subject: Needles Golf Tournament I got this information out a little late last year so here is a heads up. The Needles 38th annual golf tournament is scheduled for the 5th and 6th of April. The tournament involves Transwestern, SoCal, El Paso, PG&E, Soutwest etc.... Randy Williams (team leader for the Kingman team) can be contacted for additional information. Also, Randy, would you please put Steve, Kim and Kevin on your distribution list for the golf registration flyers once they become available. Oh yea, if dollars are available we could use about 60 dozen golf balls or any items that you might like distributed during the tournament. If you or someone from your group would like to tie the golf tournament into a quick tour of the Red Rock facilities let me know and I will coordinate those details. Thanks
denver was nice. i just played golf and took it easy. when is your test? are you watching the lsu game this weekend? i think that we are going have a bbq somewhere for the game. i will let you know.
Start Date: 3/1/01; HourAhead hour: 7; No ancillary schedules awarded. No variances detected. LOG MESSAGES: PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001030107.txt
Effective Negotiating - September 4 & 5, 2001 in EB552 Cost: $950.00 Effective Negotiating is an intensive two-day seminar that teaches strategies, tactics, techniques, and psychological insights that provide you with the tools to make better Win-Win agreements. The skills learned can be applied immediately. These skills are taught through a hard-hitting, fast paced presentation that is enjoyable and educational. For enrollment, login to our website (http://elm.enron.com), if you have problems logging in or questions, please call 713 853-0357.
Nella, sorry to see you go; however, best of luck in all your future endeavours. Regards Delainey ---------------------- Forwarded by David W Delainey/HOU/ECT on 06/29/2000 10:03 AM --------------------------- From: Enron Canada General Announcement 06/29/2000 09:29 AM To: Everyone_in_ECT_Calgary, Everyone_In_ECT_Toronto cc: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Paul Devries/TOR/ECT@ECT, Jan Wilson/TOR/ECT@ECT, Aleck Dadson/TOR/ECT@ECT, Chris Gaffney/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT Subject: Nella Cappelletto - Resignation It is with great regret that I announce that Nella has resigned from Enron Canada effective July 14th. Nella has been with Enron Canada for 61/2 years, including many of the formative years. Nella has been an extraordinarily valuable asset to Enron Canada and she will be greatly missed. Frankly, for all Nella has done for Enron Canada, and the dedication, commitment and sincerity with which she has done it, she cannot be replaced. Nella has been instrumental in the development and ongoing maintenance and administration of our contracting forms, precedent systems, confirmation letters, contracting files, contract diarization and data base systems, and has had significant input on the development and/or implementation of key corporate and managerial policies and controls. More importantly, Nella always appreciated that, because of the nature of our business, our core assets are our contractual rights, and with much personal commitment, and often at much personal expense, Nella always endeavored to ensure that things not only got done, but that they got done properly and punctually. I know that Linda, Greg, Mark and I (and many of you) will discover aspects of our jobs which we did not know existed because they were so capably and quietly looked after by Nella. Most importantly, Nella had great personal commitment to do all she could within the limits of available resources to help us achieve our personal objectives at Enron Canada, whether or not realistic. Many of us, in many cases without even knowing it, could not have achieved many of our own individual accomplishments at Enron Canada without Nella's commitment and dedication. Nella will be missed, and I ask you to bear with us as we continue to try meet your requests until we are able to hire a suitable replacement. Regards, Peter.
Meeting Goals: Demo simulation Duties & responsibilities of SME/the processes associated with these tasks (i.e., questions, interviews, meetings) Give out the first set of questions to SME's and get the show started Go over timelines and milestones associated with SME's duties and responsibilities Invited Enron Participants: Phillip Allen Berney Aucoin Brandon Bangerter Brad Coleman Yevgeny Frolov Andy Lewis Kirk McDaniel Ed McMichael Tim O'Rourke David Oxley Dutch Quigley Mark Reese Don Barnhart and his Accenture team will be in attendance. Please note: David Oxley will be out of the country and unavailable for the BRM meeting. Optional invitees are for calendar purposes only.
Rakesh, Can we meet with David Port on Thu 2:30 to review Raptors? Vince
I changed the deal but thought you would want to see the correct name of the CP. DG ---------------------- Forwarded by Darron C Giron/HOU/ECT on 03/28/2001 11:04 AM --------------------------- From: Lesli Campbell/ENRON@enronXgate on 03/28/2001 09:56 AM To: Darron C Giron/HOU/ECT@ECT cc: Subject: Deal # QZ2119 Please rebook to W&T Offshore, Inc. short name is W&TOFFSHORE. Thanks Lesli
Mark, FYI, here is the latest update on our Q4. We are making headway and the list shows how we intend to make up the short fall. As I stated on my voicemail yesterday, upon our return from the holiday, I will be even more proactively managing the Q4 P&L. Have a great holiday. mike ---------------------- Forwarded by Mike McConnell/HOU/ECT on 11/21/2000 06:56 PM --------------------------- Brent A Price 11/20/2000 09:14 AM To: Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT cc: Thomas Myers/HOU/ECT@ECT Subject: 4th Quarter Outlook - 11/17 Latest 4th Qtr. earnings outlook with changes from last week noted. Call me if you have any questions.
ENA is prepared to file a lawsuit against Calpine Corp. relating to a trading dispute. Please let me know by the end of today if you have any objections to the lawsuit or know of any potential counterclaims.
Please read. Thanks. DG ---------------------- Forwarded by Darron C Giron/HOU/ECT on 12/11/2000 10:59 AM --------------------------- Jeffrey C Gossett 12/11/2000 10:35 AM To: Kam Keiser/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT, William Kelly/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON cc: Subject: How do officialized books make it to credit? Please forward this to your groups. Thanks. ---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 12/11/2000 10:38 AM --------------------------- From: Shona Wilson@ENRON on 12/11/2000 10:35 AM To: Bob M Hall/NA/Enron@Enron, Leslie Reeves/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, Peggy Hedstrom/CAL/ECT@ECT, Kathy Reeves/CAL/ECT@ECT, Stacey W White/HOU/ECT@ECT, Monica Lande/PDX/ECT@ECT, David Maxwell/HOU/ECT@ECT, Martha Stevens/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Scott Earnest/HOU/ECT@ECT, Michelle Bruce/HOU/ECT@ECT, Sheila Glover/HOU/ECT@ECT, D Todd Hall/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT, Michael E Moscoso/HOU/ECT@ECT, Kristin Albrecht/Enron Communications@Enron Communications, Gary Stadler/Enron Communications@Enron Communications, Meredith M Eggleston/HOU/EES@EES, James New/LON/ECT@ECT, Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jan-Erland Bekeng/AP/Enron@Enron, Jay Knoblauh/HOU/ECT@ECT cc: Sally Beck/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT, Mike Jordan/LON/ECT@ECT, Chris Abel/HOU/ECT@ECT, Kenneth Thibodeaux/NA/Enron@ENRON, Michael Benien/Corp/Enron@ENRON, Burton McIntyre/HOU/ECT@ECT, Susan D Trevino/HOU/ECT@ECT, Nancy Hernandez/NA/Enron@ENRON, Debbie R Brackett/HOU/ECT@ECT, John D Powell/HOU/ECT@ECT, Ganapathy Ramesh/HOU/ECT@ECT, Joel Henenberg/NA/Enron@Enron, Matt A Brown/HOU/ECT@ECT Subject: How do officialized books make it to credit? In the past few months much focus has been put on understanding VAR and how it is calculated (through RisktRAC). However, everyone should note that the credit department also receives our information. Market risk and credit risk are inherently different, with different requirements. This memo serves as a reminder of what some of the key differences are, how the credit system uses RisktRAC differently from market risk, how this affects us, what some key problems are in the credit system caused by our data, and changes to be made by risk management groups. differences are between credit and market risk - you all know this, but many of your ba's don't. when a book is flat it still has an effect on credit. Flat books must be officialized market risk is keyed off positions and curves. When we make money, market risk is reduced. Credit risk is keyed off positions with customers. When we make money, credit risk is increased, as people owe us more money. how the credit system uses RisktRAC differently from market risk Market risk picks up all officialized books. If a book is not officialized it does not pick the book up. Credit picks up all officalized books. If a book is not officialized, it picks up the previous day's position. Therefore, if positions in book A are moved to book B, and A is no longer officialized, credit picks up the previous day's position for book A. As a result, if a book is no longer used, please officialize it the first day it is no longer used, so credit will pick up 0 on a go forward basis. Market risk is not concerned with counterparty codes and names. Credit needs correct counterparty codes and names. In recent months, the counterparty information has deteriorated. Enron official counterparty names need to be used so they flow properly to credit. what are some key problems in the credit system caused by our data As referenced above: correct counterparty names and books with 0 positions not being officialized so credit picks up previous day info. As a takeaway from this message please ensure only correct counterparty names are used and that if a book has 0 positions that it is officialized the first day it has 0 positions. If you have specific questions about credit, please call Debbie Brackett, at X35856.
Carlos, Vince Kaminski, the head of our group is quite interested in meeting you and discussing ways in which we might be able to help your students. I will be out of the office until October 16th. You can talk to Vince before I get back or wait to see both of us; whatever you wish. Should you want to schedule a time to talk with Vince, contact his assistant, Shirley Crenshaw, at 713 853 5290. I look forward to meeting you in person. Stinson Gibner P.S. My address at Enron is: P.O. Box 1188 Houston, TX 77251-1188 The physical address is 1400 Smith Street. carlos ordonez <ordonez@shasta.phys.uh.edu> on 09/15/2000 03:29:28 PM To: sgibner@enron.com cc: Subject: Greetings Dear Stinson, I enjoyed our conversation this morning. I would love to meet with your people to discuss collaborations that will be of mutual benefit to me and the students and postdocs and your company. I am available on Mondays, Wednesdays or Fridays, at just about any time (early mornings or afternoons best). We'll probably need up to a couple of hours. Please send me your address to mail you some info. Best, Carlos
yes, assuming you don't have an objection. i thought you were attending these meetings already but there are so many of them i get confused. rick -----Original Message----- From: Gorte, David Sent: Thursday, March 01, 2001 6:55 PM To: Buy, Rick Subject: RE: Corporate Responsibility Task Force information Rick, Do you want to designate me as the RAC representative for this task force so that this comes directly to me? Just let me know. Regards, Dave -----Original Message----- From: Buy, Rick Sent: Thursday, March 01, 2001 2:51 PM To: Gorte, David Subject: FW: Corporate Responsibility Task Force information fyi -----Original Message----- From: Walker, Stacy On Behalf Of Kimberly, Kelly Sent: Wednesday, February 28, 2001 11:07 AM To: Stanley, Brian; Bruce, Dan; Schafer, Dave; Clay, Eddie; Kalmans, Elyse; Humphrey, Gene; Wasaff, George; Adams, Gregory; Boyd, Hap; Hughes, James; Mrha, Jean; Mogal, Jimmy; Mahan, Mariella; Schroeder, Mark; Terraso, Michael; Padron, Miguel; Taylor, Mitchell; Rieker, Paula; Buy, Rick; Walls, Rob; Corman, Shelley; Kean, Steven; DeSpain, Tim; Sharp, Vicki Cc: Lay, Kenneth; Fleming, Rosalee; Blancke, Nicola; Weatherstone, Mary; Costello, Lisa; Hooks, Barbara; Flores, Zulie; Frazier, Bert; Prizont, Karina; Gray, Dortha; Blackwood, Connie; Jones, Melissa; Mathews, Leena; Romero, Isabel; Ashcroft, Beverley; Glenn, Laura; Campos, Karen; Boling, Rosario; Valencia, Laura; Heathman, Karen K.; Hicks, Debra; Mann, Ruth; McVicker, Maureen; Sczykutowicz, Marion; Lopez, Leasa; Iannarone, Lauren; McKalip-Thompson, Catherine; Worthen, Susan Subject: Corporate Responsibility Task Force information Attached are the minutes from the February 6 Corporate Responsibility Task Force meeting. Also attached is a chart outlining in more detail the metrics for success for each subcommittee. The second document is the result of a meeting among subcommittee chairs and other interested task force members to help flesh out their purpose as a step toward developing a measurable work plan. Let me know if you have questions or comments. If you have not been contacted already, you will be hearing from your subcommittee chairs shortly regarding your next subcommittee meeting. We also plan to set the date of the next overall task force meeting within the next couple of weeks. << File: 2-6-01CRTFminutes-final.doc >> << File: 2-20-01SubCommRev-final.doc >>
I would like to take this opportunity to thank each of you for your participation in the Stanford Associate interviews last week. Our efforts resulted in 6 summer associate offers and 1 full-time associate offer. Althea Gordon will be e-mailing you the names of the individuals who will receive offers. We would like you to contact these individuals to congratulate them and encourage their acceptance. Althea will match you up with the candidates you interviewed and provide you with contact information. Althea has verbally contacted both the offers and the declines. We will be sending out both offer letters and decline letters by end of day Tuesday, March 20. In the meantime, should any of you be contacted by students who did not receive an offer, I recommend the following verbal response: "Our summer program is highly competitive, forcing us to choose a smaller number of candidates from a highly qualified pool. Our summer hiring this year will be between 35-40 associates. The full-time program typically hires between 80-90 associates. Given that you made it this far in our selection process, I would strongly encourage you to apply in the fall for the full-time associate program." We will keep you informed via e-mail of our acceptance rate at Stanford. Again, thank you for your support. We look forward to working with you on potential future Stanford recruiting events. Regards, Celeste Roberts
o.k. I will call the backoffice Thanks Kate Symes @ ECT 03/23/2001 03:00 PM To: Evelyn Metoyer/Corp/Enron@ENRON cc: Subject: Re: 3-23 Checkout That's weird, because nothing traded for nearly that low for April today. Mike's exact words were, "there's no way it's $258." So if anyone from Prebon is still there, let them know the trader is sticking with his price. Thanks, Kate Evelyn Metoyer@ENRON 03/23/2001 12:53 PM To: Kate Symes/PDX/ECT@ECT cc: Subject: Re: 3-23 Checkout 559066----I just checked with Prebon and for some reason they show price as $258.00 on this deal. 559091----Is a good deal with Bloomberg. Therefore, the only deal in question now is 559066 and Prebon shows $258 as price and we show $358. Please advice. Kate Symes @ ECT 03/23/2001 02:37 PM To: Evelyn Metoyer/Corp/Enron@ENRON cc: Subject: Re: 3-23 Checkout I'm a little confused - 559066 is a Prebon deal under Mike Swerzbin's book. 559091 is a Bloomberg deal under Matt Motley's book. I just talked to Mike Driscoll and he said these both have the correct brokers on them and there were two deals. ???? Kate Evelyn Metoyer@ENRON 03/23/2001 11:55 AM To: Kate Symes/PDX/ECT@ECT cc: Subject: Re: 3-23 Checkout Kate deal 559066 is identical to deal 559091. Prebon does not recognize 559066. Were these duplicates? Kate Symes @ ECT 03/23/2001 01:27 PM To: Evelyn Metoyer/Corp/Enron@ENRON cc: Subject: Re: 3-23 Checkout BLOOMBERG Matt Motley 559091 - sells to Idaho, 50 mw, April, Mid-C, $358 Tom Alonso 559010 - price is changed to $160 He is still entering last two deals. AMEREX Mike Swerzbin 559062 - buys AEP, 25 mw, Cal-02, PV, $140 And Tom said he didn't have anything to do with this deal - Mike said MW were correct. Thanks, kate Evelyn Metoyer@ENRON 03/23/2001 11:22 AM To: Kate Symes/PDX/ECT@ECT cc: Subject: 3-23 Checkout BLOOMBERG Tom Alonso I am missing the following deals: 1) Enron sells to Tractebal 25mw Palo Verde for 3/26 peak hrs at $260.00 2) Enron sells to Pacificorp 25 mw Palo Verde for 3/26 peak hrs at $260.00 Mike Swerzbin I am missing the following deal: 1) Enron sells to Idaho Power 50 mw April Mid-C peak hrs at $358.00 Jeff Richter deal 559010 Bloomberg shows $160 as price......enpower has $165.00 PREBON All were o.k. AMEREX Tom Alonso/Matt Motley (someone who traded on the LT PV Desk today) I am missing the following deal: Enron buys Cal'02 Palo Verde at $140.00 (Check the mw on this deal please with Tom!!!)
My mistake... Becky Spencer is my backup for timesheets. Please send your exceptions to her. Thanks! Holly Keiser Enron Americas Legal Department - EB 3887 713-345-7893 (ph) 713-646-3490 (fx) Holly.Keiser@enron.com ----- Forwarded by Holly Keiser/ENRON_DEVELOPMENT on 05/10/2001 11:25 AM ----- Holly Keiser 05/10/2001 11:07 AM To: Anne C Koehler@ECT, Brent Hendry@Enron, Carol St Clair@ECT, Cheryl Nelson@Enron, Esmeralda Gonzalez/ENRON@enronXgate, Francisco Pinto Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kaye Ellis@ECT, Mark Greenberg@ENRON, Mark Taylor@ECT, Mary Cook@ECT, Robert Bruce@Enron, Samantha Boyd@Enron, Sara Shackleton@ECT, Sheri L Cromwell/Enron@EnronXGate, Stephanie Panus/NA/Enron@Enron, Susan Bailey@ECT, Taffy Milligan@ECT, Tana Jones@ECT, Theresa Zucha/NA/Enron@Enron cc: Taffy Milligan@ECT Subject: Timesheets I will be on vacation when time sheets are due (Tuesday, May 15); therefore, please send your exception time to Taffy Milligan. Thank you! Holly Keiser Enron Americas Legal Department - EB 3887 713-345-7893 (ph) 713-646-3490 (fx) Holly.Keiser@enron.com
In the event that any of your direct reports in Buenos Aires are receiving a 1999 bonus I wanted to co-ordinate the administration of such bonus to ensure we follow your instructions and avoid communicating twice. We are available to assist in the administration to the extent requested by each of you. The standard administration is in the format of a letter of appreciation and recognition dispersed directly by myself. If you wish to administer this directly or together please let me know. If there is an alternative format you wish to use we are also happy to accommodate and assist if needed. MFG
Kaye: I'll give you my comments to the template and I ask that you please add these to the "clean" document. Thanks. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com ----- Forwarded by Sara Shackleton/HOU/ECT on 04/26/2001 09:24 AM ----- Carol St Clair 04/25/2001 01:45 PM To: Sara Shackleton/HOU/ECT@ECT, Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul Radous/Enron@EnronXGate, Brent Hendry/NA/Enron@Enron cc: Subject: Hedge Fund Template Enclosed is a form of hedge fund ISDA template. I have blacklined it against the Union Spring schedules. Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com
do we need any more people (chicks) on our team?
Hey Sara, When you get a chance, can you forward to me a copy of the muni check list recently prepared for Kim W. thanks brant
fyi ---------------------- Forwarded by Kay Mann/Corp/Enron on 01/03/2001 12:47 PM --------------------------- "Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/03/2001 09:52:02 AM To: "'kay.mann@enron.com'" <kay.mann@enron.com> cc: "Keffer, John" <JKeffer@KSLAW.com> Subject: FW: Escrow Agreements Kay: The escrow agreements and fee schedule appear fine to me. If you have any comments, please advise. Thanks. Carolyn M. Campbell King & Spalding 713-276-7307 (phone) 713-751-3280 (fax) ccampbell@kslaw.com <mailto:ccampbell@kslaw.com> -----Original Message----- From: Paradee, Lari [mailto:Lparade@INTERGEN.com] Sent: Tuesday, January 02, 2001 6:13 PM To: 'kay.mann@enron.com'; 'ben.f.jacoby@enron.com'; 'fred.mitro@enron.com'; Keffer, John; Campbell, Carolyn Subject: FW: Escrow Agreements Attached are what I hope are the final and execution copies of the three escrow agreements as well as the schedule of fees. Changes are highlighted in red. Please forward your comments to me. Thanks, Lari <<Escrow.1.DOC>> <<Escrow.2.DOC>> <<Escrow.3.DOC>> <<Citibank Schedule of Fees.doc>> 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. - Escrow.1.DOC - Escrow.2.DOC - Escrow.3.DOC - Citibank Schedule of Fees.doc
IMqasqas@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: The NYISO is reserving hours beginning 16:00-17:00 in the January 11, 2002 Real-Time Market. Prices in the January 12, 2002 Day-Ahead Market are correct. This e-mail information is a copy of the official posting which can be found at the following address of our website: http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm Ibrahim Mqasqas, Market Monitoring and Performance, NYISO
Guys, attached you will find a completed 2001 Pro Forma budget needing Lavo's review and then detailed review with each team. This workbook has a number of worksheets including: a) pkrs o&m - this details the o&m costs for the sold peakers assuming we own throught Q2 - charged to the OOC; b) driftPrepay - shows the detail as provided netting drift and pre-pay expenses - not all that relevant if you assume that increasing drift will be offset by larger monetizations; c) Summary - overall completed income statement - note that non-external capital charges are added back to reach EBIT; d) commercial income - guts of the commercial budget; e) group expenses - shows the detail on ENA net groups expenses, EIS/ENW/IT non-allocable, corporate charges not allocated to specific commercial groups and bonus/other comp; f) HP&L - takes a cut at HP&L income statement and balance sheet in 2001 assuming a sale by the end of Q2 - this needs some sit down work with Redmond; g) Balance Sheet Allocations - this defines by group the capital employed, assets to be sold and new capital expenditures expected in 2001 - then calculates a net capital and depreciation charge; h) Balance Sheet - this defines the existing balance sheet with no anticipated sales or increases by vehicle (ie) Enserco, JEDI, etc - merchant investments are charged @ a blended rate of 15% and strategic investments are charged @ a blended rate of 9%. Two action items: a) Print out for John - Commercial Income & Summary worksheets for his comment and review & b) Start putting completed commercial packages together for distribution/further comment by the business units in the next couple of weeks - include detailed income statement, headcount, balance sheet (including expected increases,decreases, capital charge and depreciation), leave pages open for goals & objectives and target customer list. I would like to review format and detail for each group before distribution. Regards Delainey
I agree that we need to add our customer contacts to the list. This gives them a great opportunity to look smart -- "we went to the market and got price protection". On the messages we need to include Mark's top three: 1) price caps cause shortages (Rob Bradley: let's put some historical examples together) Mona L Petrochko 07/18/2000 01:26 PM To: Jeff Dasovich/SFO/EES@EES cc: James D Steffes/HOU/EES@EES, Steven J Kean/HOU/EES@EES, Mark Palmer@EES, Richard Shapiro/HOU/EES@EES, Paul Kaufman@EES, Peggy Mahoney/HOU/EES@EES, Karen Denne/Corp/Enron@Enron, Jeff Brown/HOU/EES@EES, Susan J Mara/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES Subject: Re: Price Cap Media--DRAFT I have a couple of suggestions on parts of the draft. Media Action: In addition to doing behind the scenes editorial board meetings and the like, I would suggest that we get our coalition lined up and ready to release statements for certain key events which are likely to occur over the next several weeks, such as: 1. SDG&E's selection of the winning bid to their RFP. Even if Enron isn't selected as the winning bid, the coalition should trumpet the market-based solution and the enormous market response to SDG&E's RFP. 2. The Commission vote on UCAN's Emergency Motion. We should be prepared to issue a statement whether the Cmmn votes with us or against us. With us, the market can and did provide reasonable, expedient solutions to SDG&E's customers and protection from price spikes. Against us, despite the overwhelming market response, the Cmmn chose to ignore the market solutions and impose more regulation. 3. Potential for ARM members to surface a Provider of Last Resort proposal within the next couple of weeks. 4. ISO Bd. Mtg-keep up pressure against reducing price caps. Coalition Members: Agree that those groups listed should be contacted, although the CMA, CRA, CIU, CLECA have been luke-warm in their advocacy. I would add our customers (UC/CSU (especially the San Diego branch), PacTel, etc.) NewEnergy has indicated that Kroger/Ralph's grocery stores, San Diego-based, would give testimonials. I could solicit the members of ARM to identify a key customer contacts for interviews. We could check with our lobbyists and see who they would recommend (wine growers, dairy industry, etc.) We should also consider the water agencies and the rural counties and the City of Pittsburg. While the immediate message is responding to San Diego's situation, this latter group of potential coalition members would go to the larger message (keeping benefits of competitive markets) from a state-wide perspective. What about the City of Pittsburg? Jeff Dasovich on 07/18/2000 10:07:00 AM To: James D Steffes/HOU/EES@EES, Steve Kean, Mark Palmer, Richard Shapiro/HOU/EES@EES, Paul Kaufman@EES, Peggy Mahoney/HOU/EES@EES, Karen Denne/Corp/Enron@Enron, Jeff Brown/HOU/EES@EES, Mona L Petrochko/SFO/EES@EES, Susan J Mara/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES cc: Subject: Price Cap Media--DRAFT Here's a draft. Given sense of urgency, I tried to develop a target for folks to shoot at rather than The Perfect One-pager. So please fire at will. In particular, need PR to fill in "Media Approaches" and "Key Message Points." Best, Jeff
Here is second related article ---------------------------------------------------------------------- This article was sent to you by someone who found it on SF Gate. The original article can be found on SFGate.com here: http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2000/12/15/M N5101.DTL ---------------------------------------------------------------------- December 15, 2000 (SF Chronicle) Power Board's Industry Ties May Be Cut/Federal regulators consider making deregulation's creation independent Susan Sward, David Lazarus As power prices skyrocket and California reels from the threat of blackouts, the agency charged with overseeing the state's power grid has come under increasing attack, and federal regulators are poised to order sweeping changes in its governing board. Ever since the Legislature created the California Independent System Operator four years ago, critics have lambasted the agency, saying it is dominated by the power industry and does not have ratepayers' interests at heart. Criticism of the ISO has grown as electricity reserves have dwindled and as the agency has initiated statewide energy alerts that have required hundreds of businesses to cut back their operations. "There are people on the ISO governing board who have a direct financial interest in the policies they set," said Severin Borenstein, a professor of business administration and public policy at the University of California at Berkeley and the director of the University of California Energy Institute. Today, the Federal Energy Regulatory Commission is expected to issue a ruling that would remake the ISO's 26-member board, which includes representatives of three investor-owned utilities, four municipal utilities and two power generators. From its high-tech headquarters in Folsom -- reminiscent of NASA's mission control center -- the nonprofit ISO essentially acts as traffic cop for a power system that serves three-quarters of the state. Responsible for assuring a stable source of electricity, the ISO has the authority to initiate emergency alerts and, if need be, rolling blackouts if supplies drop to near nothing. By law, the utilities and power generators must comply with ISO directives. Last month, federal regulators proposed an order calling for the ISO board to be replaced by seven independent members. The new board would be selected by the current ISO before it was replaced. Striving to restore order to the state's turbulent electricity market, the commission said an overhaul of the ISO's management would be an important first step toward easing the burden on consumers. CREATURE OF DEREGULATION The ISO was created as part of the Legislature's deregulation of the state's electricity market in 1996. The Legislature set up the ISO as a "stakeholder board" with designated seats for participants in the energy marketplace. The theory was that those involved in the industry would be best able to guarantee reliable electricity for the Bay Area and the other ISO-served areas in California. "It was designed to be as neutral as possible," said Michael Shames, executive director of the Utility Consumers' Action Network in San Diego. "If anything, it's turned out to be far too cozy with power generators." State Sen. Debra Bowen, D-Marina Del Rey, said lawmakers were told that the deregulation blueprint they adopted in 1996 was a better alternative than more sweeping proposals being considered by the state Public Utilities Commission. Lawmakers were reassured at the time that the deregulation plan, which was intended to lower power prices by increasing competition, had the full backing of utilities, including Pacific Gas and Electric Co., power generators and large users of electricity. "You have to remember that the political climate was different then," said Bowen, the author of a pending measure replacing the existing ISO board with one appointed by the governor and independent of the industry. "We had a Republican Assembly and a Republican governor (Pete Wilson) with (his) appointees on the PUC with a free market point of view," Bowen said. "The bargaining position of the ratepayers and consumer groups was not strong." PRIVATE COMPANIES' LEVERAGE Doug Heller, assistant director of the Foundation for Consumer and Taxpayer Rights, said the Legislature set up the ISO the way it did because "it and the regulators were so transfixed with the idea of the free market that they ignored the tremendous leverage they were handing over to the private energy companies." He added, "Because the ISO has a mandate to keep the lights on and procure power when the utilities are short, this energy industry-dominated board has used its mandate as justification for gouging consumers." If the prices currently being paid for electricity are sustained over time, Heller said ratepayers would have an average monthly bill of $620 and a small business paying a $1,000 monthly electricity tab could see its bill jump to $10,000 based on current energy market prices. Federal regulators almost certainly will not let this happen. They are expected to announce measures today intended to keep wholesale prices stable and thus protect users from sharp increases in their power bills. The ISO is currently chaired by Jan Smutny-Jones, executive director of the Independent Energy Producers Association, a trade association whose members generate about 24,000 megawatts of power in California. The board's members include representatives from two power generators, Dynegy Inc. and an affiliate of Florida Power and Light; the state's three investor-owned utilities, PG&E, Southern California Edison and San Diego Gas and Electric; and four municipal utilities serving Los Angeles, Sacramento, Silicon Valley and several Southern California communities. UC's Borenstein said the ISO board should be constituted along the lines of New England's power agency where "you go out and find independent experts in power, finance and economics. New England has had its ups and downs, but I think there is a trust the New England board is acting in the best interests of consumers." POWER PRICING GATEKEEPER Mike Florio, an attorney for The Utility Reform Network in San Francisco and a member of the ISO board, said that although the composition of the ISO board is only one element of the California energy crisis, the ISO "is at the crux of the matter because it establishes and administers the state market rules that determine how pricing gets done. "The ISO has been a law to itself -- with its attitude being: 'We keep the lights on, we know what's going on and others should butt out,' " he said. If federal regulators order an overhaul of the ISO today, "that may just be the beginning of the battle," Florio said. "If the changes they order don't offer customers relief from the extremely high prices, TURN and others will call for the state to buy the transmission system from the utilities as a means of wrestling back control from FERC." For his part, the consumer network's Shames is proposing a merger of the ISO and the California Power Exchange, which coordinates the wholesale market, thereby creating a "superagency" with full powers of oversight and enforcement. Yesterday, the idea of making the ISO board independent picked up some utility support as well. PG&E, which serves millions of customers in Northern and Central California, issued a statement that "to restore public confidence, we agree with state and federal officials that the ISO board needs to be independent." In any case, the ISO is not without its defenders. Barbara Barkovich, an ISO board member who is a San Rafael consultant to large industrial customers, said some of the criticism of the ISO has been unfair. "There are larger market forces at work here: Clearly, we have a tight supply situation compared to demand -- which means there will always be upward pressure on prices," Barkovich said. "We have had a situation where prices out of state have recently been very high, meaning when anyone is selling, they will go where prices are the highest." POWERFULLY NOBLE CAUSE For its part, she said, the ISO "has seen its role as doing everything it could to keep the lights on rather than have blackouts." Others say the ISO simply does not have sufficient enforcement powers to make its orders stick in a volatile energy market. "The ISO is a flawed institution, but it is not responsible for the shortages," said Shames of the Utility Consumers' Action Network. Such assertions do not halt the drive to reform the ISO's makeup. Assemblyman Fred Keeley, D-Monterey, is the author of one of several bills now pending in the Legislature that would give Gov. Gray Davis authority to appoint both a new ISO and a revamped Power Exchange. But he cautioned that if an ISO restructuring is all that happens, "We might as well do nothing. It is only one element of the solution." MORE REFORMS NEEDED Keeley said that for California to work through its energy crisis, several major reforms must be put in place, including energy conservation moves, as the state's population climbs by as much as 600,000 a year. One area crying out for attention, Keeley said, "is the demand side of the market. When California found itself in an energy crisis in the 1970s, it took good action on solar, renewable sources of energy, pricing and tax actions in the law and do on." But he said that many of those changes have been tossed out or whittled away in the intervening decades. The Legislature also needs to look at the possibility of "the public having some generation assets under its control -- for example, the hydroelectric assets PG&E now has up for sale," Keeley said. "PG&E's assets on Northern California rivers is the largest group of hydroelectric assets under one ownership in the state," he said. "Public ownership of these hydroelectric assets is preferable to private ownership because those assets in public ownership would mean lower rates for consumers." Whatever course the Federal Energy Regulatory Commission and state lawmakers take, the stakes are undeniably high. "If this conflict is allowed to continue," Bowen wrote FERC Chairman James Hoecker last month, ". . . then we have failed our duty to Californians." California Power ShuffleHere is how California's electricity distribution system is set up and what steps the regulatory body can take in times of extreme need..ISO statsVolume: 164 billion kilowatt hours a year Size: 124,000 sq. miles, or 75 percent of state.Day-by-day shortage The ISO forecasts electricity usage throughout the state and monitors actual peak usage..Stages of emergencyThe stages of electrical power emergencies in California:Stage 1: Declared when the state's operating reserves of energy dip below 7 percent. All power consumers are asked to conserve energy.Stage 2: Declared when operating reserves fall below 5 percent. Customers who have gotten lower rates for agreeing to go off-line when a power crunch hits are ordered to reduce or shut off their power.Stage 3: Declared when operating reserves fall below 1.5 percent. Rotating blackouts could result, with power to different areas temporarily cut off..COMPANIES THAT OPERATE WITHIN THE ISO:Pacific Gas & ElectricSouthern California EdisonSan Diego Gas & Electric.Independent System OperatorA not-for-profit corporation that ensures a competitive market for electricity and controls the integrity of the state's strained power grid..Remedies for a Stage 3 alertThe ISO can order the state to conserve power during a Stage 3 alert by:Asking large facilities, such as a mine or water pump, to shut down for a day to lessen demand. .Depriving some areas of power in order to maintain others by initiating rotating blackouts or brownouts -- temporary sags in power..Source: California Independent System OperatorAssociated Press Graphic Chronicle research librarian Johnny Miller contributed to this report. / Email Susan Sward at ssward@sfchronicle.com and David Lazarus at dlazarus@sfchronicle.com. ---------------------------------------------------------------------- Copyright 2000 SF Chronicle
Kate, Please approve and autoschedule annuity # 580471. It's for 10/31/2000. Les
- 2-5-2002.xls