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Subject: enron research and ebs engineering and operations group technical forum scott : this is the memo that vince sent to the " top " management for the offsite . i am sending it to you for your information . glad you can be there on thursday evening . * * * * * * * * * * * * i would like to invite you to an off - site meeting of john griebling ' s organization and the research group . date : april 27 - april 29 location : breckenridge , colorado as you know , john griebling is managing the network design and construction project currently under way in ebs . the research group is actively involved in this effort which requires advanced quantitative skills in the area of stochastic optimization and stochastic processes ( for modeling and forecasting internet traffic flows ) . the objective of this meeting is to develop common language and accomplish transfer of skills between the two groups , to facilitate cooperation on this project in the future . we are inviting ken rice and kevin hannon to this meeting . we would appreciate if you could speak , together with kevin and ken , on strategic directions of ebs . it is important for a group of technical people , with relatively specialized technical skills , to understand the big picture . i am attaching the preliminary agenda for this meeting . vince kaminski

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Subject: phone call today vince , there are a few matters i ' d like to discuss with you : clarification on who tony harrison reports to ( i had understood it would be the houston crude oil weather forecast team but i am not now sure ) to let you know that joe wants to recruit a strongly mathematical macroeconomist reporting to steve , and therefore that maureen will be returning to houston later this month to talk about stinson coming over for a visit regards , tani

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Subject: $ 500 lst annuity sale bonus a new guaranteed annuity that keeps going up and up and up . . . . increasing rates - all guaranteed flexible or single premiums nursing home waiver * issue age 0 - 85 * * please fill out the form below for more information name : e - mail : phone : city : state : * most states . * * surrender charge varies for ages 56 + in ct , in , md , ok , sc . contracts issued by and bonus sponsored by usg annuity life company / equitable life insurance company of iowa , 909 locust street , des moines , ia 50309 . for agents only . rates subject to change . product and features not available in all states . iras / qualified plans are already tax deferred . consider other annuity features . we reserve the right to alter or end bonuses at any time . minimum premium for bonus $ 20 , 000 . ( ado 20257 ) . we don ' t want anyone to receive our mailings who does not wish to . this is professional communication sent to insurance professionals . to be removed from this mailing list , do not reply to this message . instead , go here : http : / / www . insurancemail . net legal notice

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Subject: imperial capital - thursday schedule the following is the schedule for thursday ' s meeting with imperial capital . currently all meetings are scheduled in eb 2868 . we are trying to arrange a different conference room and will let you know if we obtain one . 9 : 00 am - jim fallon - electricity 9 : 30 am - fred lagrasta - gas 10 : 00 am - lynda clemmons and david kistler - weather 10 : 30 am - ed ondarza - pulp and paper 11 : 00 am - stinson gibner - research 12 noon - lunch 1 : 00 pm - 5 : 00 pm - discussion thanks in advance to all who will come to speak in the morning .

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Subject: join some of the most successful people in the world pursue your goals in life in business for yourself but not by yourself . work when and how much you want to work . process from your house from anywhere in the world . associates earning 5 , 000 us to 12 , 000 us per mo . judgment processing professional . impressive training and support . detailed information or to stop receiving or to see our address . these were evidently to assist the boy in fighting the turks , and he was well pleased to have them . his spirits rose considerably when he found he had fallen among friends , although most of his new comrades had such evil faces that it was unnecessary to put on the character markers to judge their natures with a fair degree of accuracy i can ' t be very particular about the company i keep , he thought , and this gang hasn ' t tried to murder me , as the rascally turks did

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Subject: interview schedule for wichai narongwanich attached please find the interview packet for the above - referenced person . the interview will happen friday july 14 , 2000 . please print both documents for your hard copies . hardcopies of the resume will be delivered via runner . if you have any questions , or conflicts of schedule , please do not hesitate to contact me .

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Subject: re : gwen koepke i will see you on friday at 3 . if you would like for me to come before then , just let me know . - - - - - original message - - - - - from : kaminski , vince sent : wednesday , may 02 , 2001 3 : 01 pm to : labbe , anne cc : kaminski , vince subject : re : gwen koepke anne , thanks for contacting me about this . as a matter of fact , i wanted to talk to you about it today as this matter was outstanding for a long time . i think we should go ahead and adjust gwen to manager , effective march 1 . the compensation would be her current base plus 10 k . this is what we typically do when we promote an associate to a manager . such promotions take place in march and i think gwen should not be penalized for the inefficiency of her management ( i . e . my and maureen ' s procrastination ) . on unrelated and more serious matter . gary hickerson is the primary client for maureen ' s services . he communicated to me a few weeks ago that he is unwilling to underwrite maureen ' s position ( he is in general unhappy with her contribution ) . this means that maureen will have to find another sponsor or leave enron . given her abrasive and aggressive personality finding another internal customer will be quite a challenge . gary volunteered to pay a very generous severance to maureen from his budget . i would like to talk to you about it when you have a few minutes . vince from : anne labbe / enron @ enronxgate on 05 / 02 / 2001 10 : 34 am to : vince j kaminski / hou / ect @ ect cc : subject : gwen koepke vince , just wanted to touch base with you . i have tried to contact maureen so that gwen ' s title and salary can be adjusted to manager just as you requested , but have not heard any response from her . would you like for me to wait until i hear from maureen or should i go ahead and proceed in changing her title ? i just want to make sure that gwen is in the right peer group during prc . also , i am going to try and set up a meeting with you next week through shirley to discuss any buring issues that you are experiencing , and your expectations during prc . thanks , anne

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Subject: wichai narongwanich dear toni : please arrange a payment of $ 10 , 000 to wichai as a sigining bonus as agreed upon with him at the time of his offer . thanks , krishna .

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Subject: interview thanks dear dr . kaminski : thank - you once again for inviting me to interview for a position in your corporate research group . i very much enjoyed meeting you and your colleagues . i was quite ? impressed by the excellent quality of the people and the entrepreneurial spirit at enron . the ongoing projects in support of energy and broadband ? marketing as well as insurance ? are very interesting to me . i definitely would like to be a part of these efforts . thank - you again for the opportunity to interview with your group . ? sincerely , rodney greene

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Subject: subscribe this message has been automatically generated in response to your mckinseyquarterly . com registration . you requested notification about new articles in the categories listed below . to confirm your enrollment , please reply to this message and remove any / all characters that may preceed the word subscribe . subscribe economic - performance subscribe retail subscribe environment subscribe countries subscribe strategy subscribe interviews subscribe financial - institutions subscribe energy subscribe telecommunications subscribe corporate - finance subscribe electronic - commerce

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Subject: the garp 2001 convention dear garp 2001 speaker ? just a gentle reminder that the information i requested for your presentation at the garp 2001 convention , was due in today . can i please have this information by friday 8 th september so that i will have adequate time to include all the details in the brochure , which is due to go to press very shortly . the information that i require as soon as possible is as follows : 1 . confirmation of professional details ( including the speaker ' s name , job title , and organisation ) 2 . confirmation that the topic title is accurate and to your liking 3 . bullet points for your presentation ( up to 5 to 6 bullet points - please as technical and detailed as possible ) 4 . contact details ( including telephone numbers , fax no , colleague / pa , full address ) ? if you have any questions please do not hesitate to contact me , otherwise i look forward to receiving the above information by friday 8 th september . ? kind regards ? andreas _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ andreas simou garp 2001 - conference producer tel ? + 44 ( 0 ) 20 7626 9301 fax + 44 ( 0 ) 20 7626 9900

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Subject: course outlines jeff , i am sending you a draft of the outline of the course on energy derivatives . i would appreciate your comments before i finalize it . by the way , did we agree on the time schedule for the class ? tuesday or thursday evening would work for me . vince

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Subject: spring 2001 academic calendar for the jones graduate school spring 2001 faculty and students , the spring 2001 academic calendar for the jones graduate school has been posted to embanet . to access the academic calendar please open the jgsm area icon on the embanet desktop . next please open the announcement jgsm icon . you will find the spring 2001 academic calendar located under the subject column . please open the document . if you do not have access to embanet you will need to speak with david kilgore at kilgore @ rice . edu or by calling david at 713 - 348 - 5378 . thanks , kathy kathy m . spradling mba program coordinator jesse h . jones graduate school of management rice university 6100 main street , ms 531 houston , texas 77005 - 1892 phone : ( 713 ) 348 - 3313 fax : ( 713 ) 348 - 5251 email : spradlin @ rice . edu http : / / www . rice . edu / jgs e - mail : spradlin @ rice . edu http : / / www . ruf . rice . edu / ~ jgs /

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Subject: re : vacation shrley , no problem . vince shirley crenshaw 03 / 23 / 2001 02 : 02 pm to : vince j kaminski / hou / ect @ ect cc : anita dupont / na / enron @ enron , kevin g moore / hou / ect @ ect subject : vacation vince : i have already requested friday , april 6 th as a vacation day , and if it is ok , i would also like to take friday the 30 th as a vacation day . thanks ! shirley

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Subject: re : pro opticus i was not aware of the demo . - - stinson vince j kaminski 11 / 06 / 2000 01 : 58 pm to : stinson gibner / hou / ect @ ect cc : subject : pro opticus stinson , any insights ? vince - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 11 / 06 / 2000 02 : 05 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - kevin sweeney 10 / 23 / 2000 06 : 53 am to : vince j kaminski / hou / ect @ ect cc : kara maloney / na / enron @ enron , mario de la ossa / na / enron @ enron , matt a brown / hou / ect @ ect subject : pro opticus vince , i understand that you or someone in your group had a demo from the above group last friday . i was wondering if this was part of a push to bring more options ' analytics to the traders ' desks , and if so , if you could explain what that effort looks like ? one of the global markets traders , mario de la ossa also had a look at the software as he has used it in the past . thanks , kevin

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Subject: 2001 research support for ebs barry , thanks for the timely email . i have your name on my list of people to contact this week as kevin hannon had mentioned to me just yesterday that our group might be able to help you in translating positions for the new risk system for ebs . you are right that i haven ' t been spending much time on 44 . martin lin has been taking the lead in day to day management of most of the current projects that we are supporting . we have been somewhat short handed since samer takriti left the group last fall and we were out - bid by mckinsey for cantekin dincerler who had helped us with ebs projects as an intern over the summer . however , we do have additional help coming . iris mack , a very bright new hire who comes with significant consulting and risk management experience , will be starting with the group next week . i am hoping that , together with martin , she will allow us to significantly increase the research group presence on 44 and address areas which are currently undersupported . can i get on your schedule some time next week in order to map out the areas where we could best contribute to the risk management projects and to introduce iris and martin to you ? almost any time would be fine , or you can have your assistant coordinate with shirley crenshaw x 35290 . regards , stinson x 34748

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Subject: progress fyi 1 - 2 days is optimistic , but we have core value of optimism ! - - - mike - - - - - - - - - - - - - - - - - - - - - - forwarded by mike a roberts / hou / ect on 10 / 09 / 2000 02 : 26 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - chonawee supatgiat @ enron 10 / 09 / 2000 12 : 16 pm to : mike a roberts / hou / ect @ ect cc : subject : progress mike , doug , an it guy , asked around and he could not find any software that can do the job . i am still working on the code . the program should be ready in 1 - 2 days . - chonawee

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Subject: mscf speaker series mscf speaker series official invitation ? ? it is with great pleasure and some amount of pride that i announce the next event in the speaker series . next friday we will have the honor to host a conference given by mr . vince kaminski head of research at enron corp . ? ? the ? sixth event is ? next friday ( nov 3 rd ) ! ? from : 11 . 30 - 13 . 30 please attend ! ! ! the next event in the student speaker series is : friday , november 3 , 2000 11 : 30 a . m . to 12 : 30 p . m . fast lab [ image ] vince kaminski enron corp . tentative student speaker series schedule 2000 - 2001 the following is a tentative schedule of the mscf student speaker series for the 2000 - 2001 academic year . all events take place from 11 : 30 a . m . to 12 : 30 p . m . in the fast lab ( gsia 229 ) unless otherwise noted . updates are soon to follow . volatility curve and bond basis august 11 , 2000 david hartney & jerry hanweck vice president , futures and option sales j . p . morgan price and hedging volatility contracts september 1 , 2000 dmitry pugachevsky deutsche bank dmitry pugachesky is a director with otc derivatives research of deutsche bank , where his research is primarily focussed on credit derivatives . prior to joining deutsche bank , dmitry worked for six years with global analytics group of bankers trust . there he developed models for emerging markets , interest rates , and equity derivatives and also participated in actual trading and structuring of interest rate options . he received his phd in applied mathematics from carnegie mellon university specializing in control theory for stochastic processes . he has published several papers on modelling in emerging markets and on valuation for passport options . a measurement framework for bank liquidity risk september 15 , 2000 raymond cote vice president , finrad inc . raymond cote is vice president , financial engineering at finrad inc . , a montreal - based consulting firm offering financial management solutions that combine advisory and systems development services to & corporations and financial institutions . abstract : liquidity risk , as opposed to credit and market risks , has received little attention in professional or academic journals . we argue that analyzing bank liquidity risk can be viewed as a variation of credit risk analysis . after introducing some concepts and definitions , the presentation defines a framework allowing to measure a bank ' s structural liquidity risk . it then shows that combining the framework with modern credit risk measurement tools leads to a liquidity risk var measure . the presentation then offers concluding comments on the integration of the liquidity risk measurement framework within enterprise - wide risk management . the impact of electronic trading on the uses of quantitative research in equity options september 22 , 2000 scott morris hull group , quantitative research department quantitative research in investment management october 6 , 2000 raman srivastava & anna bulkovshteyn assistant vice president , & fixed income , quantitative analysts , putman investments [ image ] tba november 3 , 2000 vince kaminski enron corp . fund management and market efficiency november 10 , 2000 andrea dalton researcher , friess associates ( advisor to the brandywine funds ) . tba november 17 , 2000 jeff keifer & deb aep tutorial on bridge november 24 , 2000 pierre ste - marie & punit rawal mscf students a corporate risk management framework december 8 , 2000 darin aprati & brian moore mcdonald ' s [ image ] math speaker series schedule 2000 - 2001 [ image ] speaker series student committee [ image ] previous speakers ? pierre - philippe ste - marie - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - [ image ] http : / / pstemarie . homestead . com

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Subject: vacation carryover want to verify your vacation carryover ? beginning january 22 , 2001 , all eligible enron employees will be able to access the hours of vacation that were carried over from the previous year by going to the ehronline website . 1 . navigate to the ehronline website : http : / / ehronline . enron . com . 2 . read the disclaimer ; click accept . 3 . enter your user id and password ; click logon . 4 . select time management from the menu at the left . 5 . select vacation information from the drop - down menu . to see all types of vacation ( accrual , lump sum , vacation ) , click the radio button for " all types . " click display . to see specific types of vacation ( accrual , lump sum , vacation ) , click the radio button below " all types " and make your selection from the drop - down menu . click display . click exit to log off . the system will default to show all types of vacation , including ( if available ) vacation - ( accrual ) or vacation - ( lump sum ) or vacation . the carryover amount will be displayed next to the type : " vacation " under the " entitlement " column . enron policy states that employees are entitled to a maximum of 40 hours of vacation carryover without supervisor approval . hours in excess of 40 hours are subject to supervisor approval and will be updated once supervisor approval has been received if you have questions regarding your vacation , please call the payroll hotline at 713 . 345 . 5555 .

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Subject: re : grading graders usually follow the following guidelines : - half of the class gets a - and above ; - the other half of the class gets b + and below - instructors seldom ever give grades below b - , but it happens in rare cases - the highest grade possible is a + jason

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Subject: re : enron alp vince , many thanks for the invitation . ? i ' m leaving for a conference in new orleans today and won ' t be in town . ? however , i ' d love to join you if dinner should happen again in the future . thanks again for all your support and interest in the alp program . ? i feel confident that this will be a great project . carrie at 10 : 03 am 1 / 24 / 01 - 0600 , you wrote : carrie , we have invited the team to dinner thursday , 7 : 00 p . m . would you loike to join us ? vince - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 01 / 24 / 2001 10 : 04 am - - - - - - - - - - - - - - - - - - - - - - - - - - - pamela vande krol castro on 01 / 22 / 2001 06 : 18 : 16 pm to : ? ? kenneth . parkhill @ enron . com , vkamins @ enron . com cc : subject : ? enron alp dear alp company representatives : thank you again for your participation in the alp company day at rice university . we are pleased to inform you that your project proposal has been chosen for the 2001 alp program . the following students will be working on your project : ? ? calabrese , luigi ? ? ? ? ? ? ? luigical @ rice . edu ? ? ghose , ivy ? ? ? ? ? ? ? ? ? ? ? ? ? ghosei @ rice . edu ? ? ghosh , ronnie ? ? ghoshr @ rice . edu ? ? iqbal , syed ? ? ? ? ? ? ? ? ? ? ? ? iqbal @ rice . edu ? ? sud , pravas ? ? ? ? ? ? ? ? ? ? ? ? pravas @ rice . edu ? ? womack , charles cwomack @ rice . edu the faculty liaisons for your project are : ? ? barrett , deborah ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? barrett @ rice . edu ? ? uecker , will ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? uecker @ rice . edu ? ? loughridge , dennis ? ? ? ? ? loughrid @ rice . edu a representative from the student team will contact you soon to set up meeting time . if you need to contact your team , i have included the students ' email addresses . they check their email on a regular basis , so this is a good way to communicate with them . please let me know if you have any questions regarding this information . again , thank you for your interest in the jones school . best wishes for great project ! carrie chamberlin miller director of mba program rice university 6100 main street , ms 531 houston , texas 77005 - 1892 phone : ( 713 ) 348 - 5260 fax : ( 713 ) 348 - 5251 e - mail : cmiller @ rice . edu http : / / www . ruf . rice . edu / ~ jgs / pamela castro mba program associate rice university phone : 713 - 348 - 6223 fax : 713 - 348 - 5251 e - mail : castro @ rice . edu = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = carrie chamberlin miller director of mba program jesse h . jones graduate school of management rice university 6100 main street , ms 531 houston , texas 77005 - 1892 phone : ? ( 713 ) 348 - 5260 fax : ? ( 713 ) 348 - 5251 e - mail : ? cmiller @ rice . edu http : / / www . ruf . rice . edu / ~ jgs /

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Subject: re : ena analysts and associates i shall be attending the bi - monthly meetings . we always have a significant number of associates rotating through my group and supporting different units of enron . vince kaminski enron north america corp . from : david w delainey 07 / 26 / 2000 10 : 17 am sent by : kay chapman to : sally beck / hou / ect @ ect , tim belden / hou / ect @ ect , raymond bowen / hou / ect @ ect , christopher f calger / pdx / ect @ ect , wes colwell / hou / ect @ ect , janet r dietrich / hou / ect @ ect , jeff donahue / hou / ect @ ect , w david duran / hou / ect @ ect , mark e haedicke / hou / ect @ ect , gary hickerson / hou / ect @ ect , mike jakubik / hou / ect @ ect , scott josey / corp / enron @ enron , john j lavorato / corp / enron @ enron , rodney malcolm / hou / ect @ ect , george mcclellan / hou / ect @ ect , rob milnthorp / cal / ect @ ect , julia murray / hou / ect @ ect , jere c overdyke / hou / ect @ ect , david oxley / hou / ect @ ect , kevin m presto / hou / ect @ ect , brian redmond / hou / ect @ ect , jeffrey a shankman / hou / ect @ ect , c john thompson / corp / enron @ enron , max yzaguirre / na / enron @ enron , james a ajello / hou / ect @ ect , edward ondarza / hou / ect @ ect , vince j kaminski / hou / ect @ ect , beth perlman / hou / ect @ ect , mark frevert / na / enron @ enron , jean mrha / na / enron @ enron , julie a gomez / hou / ect @ ect cc : patti thompson / hou / ect @ ect , catherine dumont / pdx / ect @ ect , marsha schiller / hou / ect @ ect , mollie gustafson / pdx / ect @ ect , shirley tijerina / corp / enron @ enron , christy chapman / hou / ect @ ect , tina rode / hou / ect @ ect , janette elbertson / hou / ect @ ect , stella l ely / hou / ect @ ect , nicole mayer / hou / ect @ ect , tonai lehr / corp / enron @ enron , kimberly hillis / hou / ect @ ect , ana alcantara / hou / ect @ ect , yolanda ford / hou / ect @ ect , carolyn george / corp / enron @ enron , donna baker / hou / ect @ ect , rhonna palmer / hou / ect @ ect , felicia doan / hou / ect @ ect , barbara lewis / hou / ect @ ect , pilar cerezo / na / enron @ enron , terrellyn parker / hou / ect @ ect , dusty warren paez / hou / ect @ ect , shirley crenshaw / hou / ect @ ect , nicki daw / na / enron @ enron , cherylene r westbrook / hou / ect @ ect , kay chapman / hou / ect @ ect , lillian carroll / hou / ect @ ect , venita coleman / corp / enron @ enron , melissa jones / na / enron @ enron ( bcc : ted c bland / hou / ect ) subject : ena analysts and associates i have just received word from ted bland that no one has responded to this memo . please re - read the following memo and respond to ted by july 31 , 2000 . thanks in advance for your prompt attention to this matter . as you know the ena otc is actively working with the analyst and associate program to develop greater talent flow into ena . we are presently working on a number of initiatives to improve how this is working and significantly improve communication flow and responsiveness . however in this regard we also need you to help make sure we have clear lines of communication within ena regarding a & a resource levels , performance , rotations and retention efforts . in this regard we would like for each of you to take the lead for your groups needs and ensure that any requests , questions or concerns about a & a ' s in your area are passed through you to either ted bland ( ena recuitment team lead - x 35275 ) or jana giovannani ( ena liaison from the aa program - x 39233 ) or myself . it is important that we are discerning about what we do with our a & a resources and plan carefully and accurately for our future needs , in this regard we need for you personally ( or a senior member of your team who you may optionally delegate this task to ) will take the time to review any a & a resource requests from your team before passing them onto us . in addition , given the importance of these resources , we will be inviting you to a regular bi - monthly meeting to discuss ena a & a matters . we will confirm the first date in due course . in the meantime if you would like to volunteer another senior member of your team to assume this reponsibility please supply their name as soon as possible . please call with any questions .

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Subject: term paper vince , ? attached is our team ' s term paper in pdf format . ? please let us know if you still problem opening the file . thank you very much . ? best regards , winny so ? rice university jesse h . jones graduate school of management mba candidate , class of 2001 ? 2018 richland court sugar land , tx 77478 home : ? ? ( 281 ) 265 - 3522 mobile : ? ( 281 ) 989 - 8417 e - mail : ? so @ rice . edu > http : / / www . ruf . rice . edu / ~ so / ? - modeling project . pdf

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Subject: seating on the 32 nd floor mike roberts eb 3240 a jose marquez eb 3240 b kevin moore eb 3240 c vince kaminski eb 3240 d patricia tlapek eb 3240 e william smith eb 3240 f elena chilkina eb 3240 g open eb 3239 f charlie weldon eb 3239 e open eb 3274 a open eb 3273 a these are the only seats we have on the 32 nd floor . the two open spaces are being used by another group temporally . if you need additional information please feel free to call x 34710 . thanks kevin moore

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Subject: fwd curves margaret , the forward power and gas price curves , unlike nymex futures prices , are not publicly available and are a closely guarded secret of the trading desks . we have no authority to release them without getting the head of the trading desk involved . vince

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Subject: re : from today ' s paper clayton , it translates into a credit risk for those on the other side of the hedge . many producers have a long history of poor timing of hedges . i could give you quite a long list . they definitely need a bright adviser who will tell them the price of gas two years from now . vince clayton vernon @ enron 06 / 29 / 2000 01 : 02 am to : vince j kaminski / hou / ect @ ect cc : subject : from today ' s paper vince : here ' s an amazing factoid in today ' s paper related to the issue of how much money you can " make " ( sic ) by hedging : . . . other companies analysts say are saddled with hedges include el paso energy corp . and coastal corp . , which are merging . a coastal official declined to comment on the company ' s forward positions . although el paso is known for its pipeline business , it produces gas as result of its $ 6 . 2 billion acquisition last year of sonat . " more than 90 percent " of that gas is hedged through the rest of the year , said bruce connery , vice president of investor relations . the forward contracts are for $ 2 . 40 , he said . hedging in the current market plays to the company ' s primary aim of meeting investors ' expectations , connery said . " our first goal is to deliver the earnings goal that we set out , and that dictates that we hedge out commodity volatility , " he said . . . . $ 2 . 40 ? ? ? are you kidding ? ? ? ? clayton

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Subject: enhance your anatomy the longz system , both the capsules and the free instructional manual , give you the most effective ways to reach immediate size gains and improve the strength and power of your erections . 90 % of males were interested in improving their sexual stamina , performance , and the size of their manhood . are you one of the 90 % ? i ' m 67 years old . i was very wary of putting my details on the internet , but i am very pleased that it worked out for me . your product arrived only 2 days after i placed the order , and the packaging was very discreet , which was perfect for me . i was shocked at how quickly the pills took effect , and i did attempt the exercises as well , which i found simple and easy to understand . i now have loads of energy , and feel like a new man . i can ' t thank you enough ! ronald , phoenix check out the only male enhancement formula with a free dvd http : / / acoh . 3 . largestitemssuper . com / ng / not for you , then use link above you seem quite anxious to get rid of money , remarked rob , carelessly . how much are you worth ? personally ? yes nothing at all , young man

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Subject: willow tree hi vince - this is so you can respond to my email . please let me know if you have any further questions or comments regarding willow or if you would like to proceed in discussing a purchase . regards , michael curran head of research riskcare - financial technology services piercy house 7 copthall avenue london ec 2 r 7 nj tel : + 44 ( 0 ) 20 7562 3419 fax : + 44 ( 0 ) 20 7562 3401 mailto : mcurran @ riskcare . com

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Subject: software license vince ( ii ) d - g is unable to provide effective technical support ; or ( iii ) if d - g agrees to release it sooner . before i have our attorney add these things to the agreement , we need to discuss the escrow situation . vince mentioned that you had suggested that your attorney keep the software in escrow . is your attorney a u . s . attorney ? it seems like i may have recalled that way back in march you might have said you had a friend or relative that was an attorney . is that the same person ? does this attorney work for a large firm , small firm , or solo practitioner ? basically , if you could just provides some additional information about your attorney , i would appreciate it . we normally would use an escrow company to put the software in escrow . we have dealt with a company here in the u . s . called dsi technology . i will check into that pending your answer regarding your attorney . once we decide what we want to do regarding placing the software in escrow , we will red - line the agreement to reflect such changes and e - mail it back to you for your review . i look forward to hearing from you . karla feldman enron corp . contract administration ( 713 ) 646 - 7554

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Subject: [ ilug ] business central bank of nigeria foreign remittance dept . tinubu square , lagos nigeria email - smith _ j @ mailsurf . com 23 th of august 2002 attn : president / ceo strictly private business proposal i am mr . johnson s . abu , the bills and exchange director at the foreignremittance department of the central bank of nigeria . i am writingyou this letter to ask for your support and cooperation to carrying thisbusiness opportunity in my department . we discovered abandoned the sumof us $ 37 , 400 , 000 . 00 ( thirty seven million four hundred thousand unitedstates dollars ) in an account that belong to one of our foreign customers , an american late engr . john creek ( junior ) an oil merchant with the federal government of nigeria who died along with his entire family of a wifeand two children in kenya airbus ( a 310 - 300 ) flight kq 430 in november 2000 . since we heard of his death , we have been expecting his next of kin tocome over and put claims for his money as the heir , because we cannotrelease the fund from his account unless someone applies for claims asthe next of kin to the deceased as indicated in our banking guidelines . unfortunately , neither their family member nor distant relative hasappeared to claim the said fund . upon this discovery , i and other officialsin my department have agreed to make business with you release the totalamount into your account as the heir of the fund since no one came forit or discovered either maintained account with our bank , other wisethe fund will be returned to the bank treasury as unclaimed fund . we have agreed that our ratio of sharing will be as stated thus : 30 % for you as foreign partner and 70 % for us the officials in my department . upon the successful completion of this transfer , my colleague and i willcome to your country and mind our share . it is from our 60 % we intendto import computer accessories into my country as way of recycling thefund . to commence this transaction we require you to immediately indicateyour interest by calling me or sending me a fax immediately on the abovetelefax # and enclose your private contact telephone # , fax # , full nameand address and your designated banking co - ordinates to enable us fileletter of claim to the appropriate department for necessary approvalsbefore the transfer can be made . note also , this transaction must be kept strictly confidential becauseof its nature . nb : please remember to give me your phone and fax no mr . johnson smith abu - - irish linux users ' group : ilug @ linux . ie http : / / www . linux . ie / mailman / listinfo / ilug for ( un ) subscription information . list maintainer : listmaster @ linux . ie

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Subject: re : wharton tiger team # 3 i have reserved conference room 32 c 2 for thursday , feb 1 , feb 8 , and feb 15 from 3 : 30 - 5 : 30 john to teleconference in tomorrow ( feb 1 ) call 713 - 853 - 9554 please let me know if wharton is using a different number from last week so that i can inform the scheduling people melinda x 31641 christie patrick @ ect 01 / 30 / 2001 06 : 34 pm to : melinda mccarty / corp / enron @ enron cc : jhenders @ newpower @ ees , vince j kaminski / hou / ect @ ect , degiacic @ wharton . upenn . edu subject : re : wharton tiger team # 3 melinda , would you please coordinate john henderson into the thursday videoconference ? thanks ! - - christie . - - - - - - - - - - - - - - - - - - - - - - forwarded by christie patrick / hou / ect on 01 / 30 / 2001 06 : 31 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - mohn henderson @ newpower 01 / 30 / 2001 04 : 13 pm sent by : melissa corley @ newpower to : christie patrick / hou / ect @ ect @ ees cc : jhenders @ newpower @ ees , vince j kaminski / hou / ect @ ect , melinda mccarty / corp / enron @ enron , degiacic @ wharton . upenn . edu subject : re : wharton tiger team # 3 john would prefer to join the thursday call via teleconference . if you could provide the dial in number he will call in . thanks , melissa corley john henderson christie patrick @ ect 01 / 30 / 2001 03 : 50 pm to : jhenders @ newpower @ ees , vince j kaminski / hou / ect @ ect cc : melinda mccarty / corp / enron @ enron , degiacic @ wharton . upenn . edu subject : wharton tiger team # 3 hi john and vince ! john , hopefully you received my voice mail regarding the matter set forth below . i ' m in ny now and won ' t return until thursday morning . perhaps it would be easiest for john to come to the video conference on thursday ( if he ' s in houston ) or via telephone if he ' s travelling ? ? whatever you both think is best . . please let me know ! my assistant , melinda mccarty , is setting up the call location at the enron building , as well as the dial - in number with donna piazze at wharton . melinda , please include john in the distribution of the video conference location . thanks ! - - - - - - - - - - - - - - - - - - - - - - forwarded by christie patrick / hou / ect on 01 / 30 / 2001 03 : 43 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - " degiacinto , clayton " on 01 / 30 / 2001 02 : 00 : 07 pm to : " ' christie . patrick @ enron . com ' " cc : " feerick , dennis " , " lessar , stephen " , " vittal , maheshram " , " bassal , omar " , " cummins , marc " subject : wharton tiger team # 3 christie , as we talked last thursday via video teleconference , we are planning to narrow our scope to focus on a marketing / promotion plan for newpower including value - added products and services for the future . before we talk again on thursday , we would like to speak with john henderson again to see if he recommends any specific items he would like us to address . we are having trouble contacting him and wonder if you could facilitate a phone meeting between us , or if it would be best to include him in our next video teleconference . we are available the next two days at lpm and 4 pm houston time . we understand that john is a very busy person , and we appreciate any help you can give in getting us together to ensure our work is commensurate with his expectations . thanks , enron team 3 ( retail )

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Subject: california 1 / 17 / 01 pt . ii one of the issues we have been following with respect to the california power crisis concerns the role of prospective broader federal involvement in the issue post - inauguration . in the last two days , we have seen two signals suggesting that the bush administration will not significantly deviate from the " broker " role played by the clinton white house : 1 . in his confirmation hearing this morning , treasury secretary - designate o ' neill cautioned that " it is not clear that us intervention is needed in california " and that the " governor must be the first line of defense . " 2 . a source close to bush economic advisor larry lindsey reported to us yesterday that " there was little that the federal government could do specifically to help , beyond focusing on national issues ( increased production , transmission capacity etc . ) . " of course , the bush treasury officials are likely to be more cautious with respect to intervention than the energy team , as was true with the clinton administration . yet lindsey in particular is unlikely to deviate far from the official bush view at this stage . further guidance should be forthcoming with respect to this issue from energy secretary - designate spence abraham ' s testimony tomorrow .

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Subject: a new era of online medical care . right place to look for buying cheap viagra online ! emancipate yourselves from mental slavery , none but ourselves can free our minds . don ' t let it end like this . tell them i said something . measure not the work until the day ' s out and the labor done .

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Subject: follow - up on siam workshop i am forwarding for your attention the resume of peter percell who has an extensive experience in modeling physical flows of natural gas in pipeline systems . peter is looking currently for a job . i met him last week at the meeting of the science and industry advance with mathematics society at the university of houston . the application of recent developments in optimization theory and numerical methods can help enron to improve further efficiency of our pipeline system and reduce the consumption of compressor fuel . please , let me know if you interested in introducing peter to executives in your organization . i shall be glad to make arrangements for an interview . vince kaminski - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 04 / 30 / 2001 02 : 17 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - peter percell on 04 / 30 / 2001 11 : 16 : 58 am to : vincent kaminski cc : subject : follow - up on siam workshop i enjoyed your presentation , and meeting you briefly afterwards , at the siam workshop last friday . i have extensive experience as a technical leader in the design and development of modeling and simulation software products , mostly for the oil and gas pipeline industry . i am looking for a position that can utilize my software development and mathematical skills . getting out of the narrow confines of the pipeline simulation industry would be a plus . please consider whether i might fit in your group . your answer to a question indicated that i have several of the skills you look for . also , please let me know , by email , the names and contact information of other managers within enron who might benefit from having someone with my qualifications in their group . attached are my resume and an addendum covering academic & consulting experience . publications are available on request . i will call you in a couple of days to follow up on this email . thank you for your time . peter percell 10030 doliver drive percell @ swbell . net houston , tx 77042 - 2016 ( 713 ) 532 - 3836 voice & fax - percell , peter resume only . doc - percell , peter a & c exp . doc

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Subject: from the enron india newsdesk - jan 18 th newsclips vince , fyi . - - - - - - - - - - - - - - - - - - - - - - forwarded by sandeep kohli / enron _ development on 01 / 19 / 2001 05 : 12 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - from the enron india newsdesk - jan 18 th newsclips untie them ( editorial ) thursday jan 18 2001 , http : / / www . economictimes . com / today / 18 edito 2 . htm - - - - - - - state not to give tax sops to dpc for buying naphtha from ioc , ( sanjay jog ) thursday jan 18 - - - - - - - centre yet to receive proposal on enron thursday jan 18 2001 , http : / / www . economictimes . com / today / 18 infro 2 . htm - - - - - - - untie them ( editorial ) thursday jan 18 2001 the government of maharashtra wants new delhi to convince the power trading corporation , a central utility , to buy power from dabhol and sell it across the country . it would be far simpler if dabhol and all independent power producers were allowed to sell power to whoever was willing to pay for it . that , unfortunately , is not allowed by law , which forces private sector generators to sell power only to state utilities , which in turn , are not permitted to sell power across states on their own . most state electricity boards are bankrupt . mseb reportedly owes central utilities rs 5 , 000 crore . they cannot bring themselves to charge many types of users for the power consumed , nor can they prevent large - scale theft of electricity . few , including wealthy maharashtra , have the will to reform state electricity boards and privatise transmission and distribution . given this profile of buyers , private generators demand sovereign guarantees to help them tide over default risks . but the guarantees merely insulate ipps against risk . they cannot make sebs solvent . yet , india needs power desperately . maharashtra , india
, s richest state , experiences power shortages of around 2 , 000 mw , about a sixth of its peak needs . over time , the hunger for power will only grow . india cannot afford to wait for the painful politics of seb reform to work themselves out . the government should bring in legislation that allows ipps to sell power directly to paying customers . this will free ipps from the clutches of bankrupt monopsony buyers . the power trading legislation will have unexpectedly happy consequences for the government too . once ipps are freed from their onerous obligations to sell power to single , mostly bankrupt buyers , their default risks will come down substantially . new delhi and state governments should then scrap the guarantees that they gave ipps in the past . the combination of power trading , private investments in generation , transmission and distribution , and gradual seb reform will create a commercial , workable and competitive power market in india . anything less will be a recipe for disaster . - - - - - - - state not to give tax sops to dpc for buying naphtha from ioc , ( sanjay jog ) thursday jan 18 2001 the maharshtra government ' s finance department , which is striving to reduce fiscal deficit from rs 9 , 484 crore to rs 3 , 484 crore by the beginning of april this year , has expressed its inability to provide a sales tax waiver to the dabhol power company ( dpc ) on the procurement of 1 . 2 million tonne of naphtha from the state - run indian oil corporation ( ioc ) . mantralaya sources told the financial express on wednesday that dpc would have to pay 4 per cent sales tax . " the government , way back in 1995 , has modified the sales tax rate to 4 per cent to discourage the import of naphtha from gujarat by electrical companies operating in maharashtra . the decision was taken with a view to encouraging electrical companies to procure naphtha at reduced rates within the state , " government sources added . sources said that these companies had to pay nearly 15 . 3 per cent sales tax on naphtha that was procured from gujarat . however , following their representation , the government slashed the sales tax rate to 4 per cent . the state finance department ' s opinion , which would be presented before the state cabinet shortly in order to take a final decision , deserves special significance especially when the state energy department and the loss - making maharashtra state electricity board ( mseb ) have wholeheartedly supported the dpc ' s cause and recommended the sales tax waiver . dpc , which was asked by the union ministry of oil and petroleum to procure naphtha within the country in view of excess availability , in its presentation to the state government and to mseb , had made it clear that it would be left with no alternative but to pass on the additional burden on the mseb which would be ultimately passed on to its consumers . dpc had also told the state government that it had not paid sales tax on the procurement of naphtha from glencore in the calender year 2000 . sources from the state energy department and mseb have stressed on the need for such a waiver while expressing their inability to bear additional burden . they have suggested that the state should reciprocate by offering a sales tax exemption to dpc because the ioc , at the behest of the centre , has tried to match the international landing price of naphtha during the recently signed memorandum of agreement with dpc . " if the state finance department sticks to its views , it may hurt the state as a whole , " sources from the state energy department and mseb said . dpc will procure naphtha at rs 11 , 050 per ton from ioc during the calender year 2001 as compared to the rs 10 , 050 per tonne price quoted by glencore . the naphtha price comprises $ 175 per tonne free on board ( fob ) , 21 . 8 per cent of customs duty , 5 . 4 per cent of sales tax and $ 18 . 87 of premium . dpc senior vice president mukesh tyagi reiterated that the company has already made an appeal to the state government for the sales tax waiver on naphtha in the larger interest of the consumers . " sales tax is a pass through and mseb , which will have to bear the additional burden , will pass it on the consumers , " he added . - - - - - - - centre yet to receive proposal on enron thursday jan 18 2001 centre on wednesday said that it had not recevied any proposal from maharashtra government seeking help to solve the tangle with the enron promoted dhabol power project relating to cost and surplus power . asked about the reports that maharashtra government was sending a proposal that centre buy surplus power from dhabol power company through power trading corporation , power minister suresh prabhu said " we have not received any proposal . " " we are carefully watching the situation and will await a concrete proposal before intervening in this matter , " parbhu said on the sidelines of greentech environment excellence awards ceremony , here . asked whether there was any possibility of the government asking the power trading corporation to buy power from the dhabol power corporation , prabhu replied " what will the ptc do with the power ? " prabhu had earlier asked the state government to study the matter before approaching the centre for payment of dues . mseb had earlier declined to pick up its 15 per cent stake in phase ii of the 1444 mw project . the enron issue has been hanging fire with the maharashtra state electricity board unable to clear the dues of dpc as a result of the skyrocketing prices of naphtha infact mseb has asked dpc to backdown completely leading to a situation where dpc has stopped production at the facility from the begining of the month . state government has stepped in with support to the tune of rs 114 crore to enable mseb to clear the dues for october . mseb dues to dpc for november and december amount to over rs 300 crores .

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Subject: invitations to presentation only hi christie , when do you sleep ? 2 am , ugh ! ok , you were correct , my invitation was to those people within enron that the students talked with before interviewing competitors , and it was an invitation to the presentation only . i didn ' t think any of them would be invited to the dinner , and probably none will even come to the presentation . the invitation did elicit one request for the final report though , so maybe it wasn ' t a complete waste . i didn ' t realize that the dinner had turned into a box visit . that sounds great . i wish the group could have made it to dinner before the first game , that would have made the whole slumming experience better . now they ' ll get the royal treatment at enron field . it ' ll be great . vince invited 4 people from rice : dennis w . loughridge , director of energy consortium ; lounghrid @ rice . edu carrie miller , director of mba program ; cmiller @ rice . edu deborah barrett , inst . communications , barrett @ rice . edu dr . wil uecker , associate dean for executive education , uecker @ rice . edu loughridge wrote back saying he ' ll come , i don ' t know about the others here are the 6 students emails : " ritwik \ ( ronnie \ ) ghosh " , " ivy ghose " , " luigi calabrese " , " pravas sud " , " syed \ ( farhan \ ) iqbal " your 2 from rice makes a total of 12 from rice , i guess let me know if you would like me to do anything else related to monday look forward to seeing you then ken

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Subject: risk 2000 boston - speaker reception 12 june 2000 there will be a drinks reception taking place on monday 12 june 2000 between 6 . 00 - 7 . 00 pm in the lower level of the congress center - for speakers , sponsors and exhibitors of risk 2000 , boston ? please let me know if you would like to attend so we can guage numbers . ? best regards , oliver ? ? ? direct : + 44 ( 0 ) 20 7484 9880 ? risk publications , 28 - 29 haymarket , london swly 4 rx fax : + 44 ( 0 ) 20 7484 9800 ? email : oliver @ risk . co . uk www . riskpublications . com

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Subject: todd kimberlain vince / vasant : do you know who todd kimberlain is ? is he supposed to be in the research group and charged to our cost center ? he is . i have never heard of him , but when you pull his name up , it shows that he is reporting to mark tawny , but is in the research group and being charged to our cost center . he is also on our time site , but i have not been doing his time . i hope somebody has ! let me know , thanks ! shirley

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Subject: localized software , all languages available . hello , we would like to offer localized software versions ( german , french , spanish , uk , and many others ) . aii listed software is avaiiable for immediate downioad ! no need to wait 2 - 3 week for cd delivery ! just few examples : - norton lnternet security pro 2005 - $ 29 . 95 - windows xp professional with sp 2 fuli version - $ 59 . 95 - corel draw graphics suite 12 - $ 49 . 95 - dreamweaver mx 2004 ( homesite 5 . 5 inciuding ) - $ 39 . 95 - macromedia studio mx 2004 - $ 119 . 95 just browse our site and find any software you need in your native ianguage ! best regards , ardeil

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Subject: 3 - urgent - to prevent loss of information critical migration information : 1 . your scheduled outlook migration date is the evening of : may 7 th 2 . you need to press the " save my data " button ( only once ) to send us your pre - migration information . 3 . you must be connected to the network before you press the button . 4 . if a pop - up box appears , prompting you to " abort , cancel or trust signer " please select trust signer . 5 . any information you add to your personal address book , journal or calendar after you click on the button will need to be manually re - added into outlook after you have been migrated . 6 . clicking this button does not complete your migration to outlook . your migration will be completed the evening of your migration date . failure to click on the button means you will not get your calendar , contacts , journal and todo information imported into outlook the day of your migration and could result in up to a 2 week delay to restore this information . if you encounter any errors please contact the resolution center @ 713 - 853 - 1411

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Subject: re : phone interview there will be a telephone interview with jerzy jarosz ( resume attached below ) on wednesday , july 5 at 4 : 30 pm houston time . he would like you to call him at his home - telephone # : 416 / 237 - 0977 i have reserved ebl 938 for this interview . if you have any questions , please call me . thanks ! shirley crenshaw vince j kaminski 06 / 27 / 2000 10 : 11 am to : shirley crenshaw / hou / ect @ ect cc : vince j kaminski / hou / ect @ ect subject : phone interview shirley , please , set up a phone interview with this person . stinson , krishna , zimin . vince

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Subject: re : loan recommendation form li , i shall take care of it thursday . please , call me at the end of the day . vince li xiao @ enron 06 / 27 / 2000 11 : 31 am to : vince j kaminski / hou / ect @ ect cc : subject : loan recommendation form hi , vince , i was told by molly that she hasn ' t received the recommendation form from you yet . since i got admission late from the school , now i am short of time of getting i - 20 which needs loan approval , and getting visa status transferred ( from h - 1 to f - 1 ) which requires i - 20 and loan approval and normally takes around 45 days through ins ( immigration naturalization service ) . now , i am trying to push every step to speed up the process in order to catch up the school opening at beginning of sept . i know i just told you this late last week . nevertheless , i am writing to see if you can squeeze some time to finish the recommendation form anytime soon . it will be a big help . thank you very much , vince . have a good day . sincerely , li x 39635

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Subject: powerisk 2000 - october 3 rd - 6 th - paris dear mr kaminski i am delighted to say that the printed conference brochure is now available and our logistics team will be mailing them out , along with the speaker guideline packs ( including information on hotel discounts etc ) , in the next couple of weeks . you will also no doubt receive copies via our main mailing campaign . in the interim , please find attached a shortened pdf copy of the conference brochure for your perusal . ( i did not want to send you the complete 12 pages as it would clog up your email ! ) the full colour version can be found on our website at www . icbi . uk . com / powerisk i hope you agree that the speaker plenum and line - up of topics is possibly one of the best ever and not surprisingly the event is already drawing strong international interest . in particular the executive summit day on e - business and power trading is taking numerous bookings . i would be happy for you to attend either the summit day or one of our two intensive post conference workshops , but in order to avoid overcrowding on the day ask that all reservations be made in advance . i am certain that you have friends or colleagues who would be interested in attending the conference this year , and would like to ask that you email the enclosed details to them . to make things easy , i have attached a booking form which should be faxed to + 44 20 7915 5101 . icbi would be happy to offer a 10 % discount on registrations received through speaker recommendations . finally for any enquiries relating to travel or hotel matters please contact our logistics manager clare capel on + 44 20 7915 5198 . of course for any programme related issues , please drop me an email or call me on + 44 20 7915 5194 . i look forward to seeing you in october for what promises to be excellent and informative week . kind regards rosemary fitzgerald director , powerisk 2000 + 44 20 7915 5194 fax : + 44 20 7915 5101 email : rosef @ icbi . co . uk ! - poweriska 300 . pdf - speakerreg . doc

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Subject: re : default rates per our discussion , see attached for impact of assumed recovery rates : michael tribolet @ enron 12 / 11 / 2000 08 : 09 am to : william s bradford / hou / ect @ ect , david gorte / hou / ect @ ect , vince j kaminski / hou / ect @ ect , mark ruane / hou / ect @ ect cc : subject : default rates please see below for my note to jeremy at the bottom and his reponse . i have placed mark ruane ' s yields against a mid november default frequency table . note there may be a slight shearing in dates , but the concept is more important : market implied cumulative default rates ( % ) : 1 year 5 year 10 year aaa 0 . 51 5 . 74 14 . 54 aa 0 . 67 6 . 39 16 . 61 a 0 . 98 8 . 98 21 . 03 bbb 1 . 17 9 . 88 22 . 39 bb 3 . 27 18 . 62 37 . 51 b 4 . 65 24 . 21 46 . 27 s & p historical default rates ( % ) : 1 year 5 year 10 year aaa 0 . 00 0 . 13 0 . 67 aa 0 . 01 0 . 33 0 . 90 a 0 . 04 0 . 47 1 . 48 bbb 0 . 21 1 . 81 3 . 63 bb 0 . 91 8 . 82 14 . 42 b 5 . 16 20 . 95 27 . 13 in looking at the one - year transition rates as a very rough proxy for how many more defaults occur in a recession ( 1991 ) versus average ( 1981 - 1999 ) historical default rates ( % ) : investment grade non - investment grade avg . 1981 - 99 0 . 07 4 . 21 1991 0 . 12 10 . 40 multiple 1 . 7 x 2 . 5 x looking at where the market implied default rates divided by the historicals default rates to obtain a " multiple " ( how much more severe than historical ) : 1 year 5 year 10 year aaa infinite 44 . 2 x 21 . 7 x aa 67 . 0 x 19 . 4 x 18 . 5 x a 24 . 5 x 19 . 1 x 14 . 2 x bbb 5 . 6 x 5 . 5 x 6 . 2 x bb 3 . 6 x 2 . 1 x 2 . 6 x b 1 . 1 x 1 . 2 x 1 . 7 x on the 10 year historical figures , we need to be careful as the s & p static pool figures show a definite seasoning ( lower defaults in late years probably due to prepayment ) versus our contracts . secondly , the s & p figures have withdrawn ratings , which usually mean they are stale , but loosing some information content . i will ask emy to set up a meeting to discuss further . - - - - - - - - - - - - - - - - - - - - - - forwarded by michael tribolet / corp / enron on 12 / 11 / 2000 07 : 06 am - - - - - - - - - - - - - - - - - - - - - - - - - - - from : jeremy blachman @ ees on 12 / 10 / 2000 07 : 21 am to : michael tribolet / corp / enron @ enron cc : subject : default rates thanks . i would strongly suggest an offsite sooner than later with a handful of the right people so that we can step back and design the right architecture for looking at credit in our deals . it is broken , not clear , killing our velocity and true capabilities . we also need to look at staffing , skills sets , the credit reserve model etc . perhaps you should take a crack at an agenda . - - - - - - - - - - - - - - - - - - - - - - forwarded by jeremy blachman / hou / ees on 12 / 10 / 2000 07 : 08 am - - - - - - - - - - - - - - - - - - - - - - - - - - - michael tribolet @ enron 12 / 09 / 2000 03 : 51 pm to : jeremy blachman / hou / ees @ ees cc : subject : default rates i visited with vince kaminski for about 20 minutes today regarding the market implied defaults rates and the disconnect in investment grade land . he is seeing the same anomaly and agreed that we as a company need to revisit the methodology employed in calculating the implied figures . i will follow through and report back .

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Subject: congratulations congratulations on your promotion to md ! alan

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Subject: december 6 th meeting dear mr . kaminski : this is to confirm the december 6 th meeting here at our center . the location for the meeting is room # 3212 steinberg hall - dietrich hall and the time will run from 9 : 00 am - 11 : 00 am . please let us know if you need anything further . we look forward to seeing you then . regards , theresa convery ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ theresa convery administrative assistant risk and decision processes center the wharton school of the university of pennsylvania ( 215 ) 898 - 5688 / fax : ( 215 ) 573 - 2130 tconvery @ wharton . upenn . edu

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Subject: re : london contact number hi anita , how are you ? i arrived yesterday late morning from the london gatwick airport . due to rush hour traffic , etc . it took a while to get into the city to the hotel . also , due to may day ( may lst ) protests / riots , etc . , the hotel management strongly recommended that we remain in the hotel . however , i am in the office today . i can be reached via email or via telephone at 44 ( 0 ) 207 783 5647 . take care , iris - - - - - original message - - - - - from : dupont , anita sent : tuesday , may 01 , 2001 5 : 23 pm to : mmumford @ enron . com cc : mack , iris ; crenshaw , shirley subject : i . m . mack 30 apr - 15 may * * plse review for accuracy * * agent ce / ce booking ref x 7 w 882 mack / iris eb 1972 enron corp importance : high see iris ' s itinerary below . i thought her initial plan was to land this morning and come in to enron house in early afternoon . see itinerary for phone number of hotel . let me know if i can help in any other way . thanks . anita service date from to depart arrive continental airlines 30 apr houston tx london gatwick 350 p 655 a co 34 j mon g . bush iah gatwick 01 may terminal dom terminal s dinner / snack non stop reservation confirmed 9 : 05 duration vegetarian meal , non - dairy confirmed aircraft : boeing 777 - 200 / 300 hotel 30 apr athenaeum hotel and apartments 11 may 116 piccadilly london england , wlv obj united kingdom telephone : 44 - ( 0 ) - 207 - 499 - 3464 fax : 44 - ( 0 ) - 207 - 493 - 1860 confirmation : claire 25 apr rate : rac gbp 270 . 00 per night guarantee given prereg actual arr lmay 655 am apartment to avoid billing cancel by 6 pm 24 hrs prior continental airlines 11 may london gatwick houston tx 1200 n 415 p co 5 j fri gatwick g . bush iah terminal s terminal dom lunch / snack non stop reservation confirmed 10 : 15 duration vegetarian meal , non - dairy confirmed aircraft : boeing 777 - 200 / 300

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Subject: this summer ' s houston visits 2 hi vince , one of my only windows of opportunity right now is to schedule the houston visit for monday 10 th july for a single week only . regards , anjam - - - - - - - - - - - - - - - - - - - - - - forwarded by anjam ahmad / lon / ect on 28 / 04 / 2000 11 : 33 - - - - - - - - - - - - - - - - - - - - - - - - - - - steven leppard 28 / 04 / 2000 10 : 15 to : vince j kaminski / hou / ect @ ect , dale surbey / lon / ect @ ect cc : anjam ahmad / lon / ect @ ect , benjamin parsons / lon / ect @ ect , kirstee hewitt / lon / ect @ ect , matthew d williams / lon / ect @ ect , steven leppard / lon / ect @ ect subject : this summer ' s houston visits vince , dale here are our proposals for houston visits from our group : kirstee all of july , all of september . ( kirstee ' s personal commitments mean she needs to be in the uk for august . ) ben all of october . ( no crossover with kirstee , ensures var / credit cover in london office . ) steve 2 - 3 weeks in july , first 3 weeks of september . anjam to be arranged at anjam and houston ' s mutual convenience . matt not a permanent research group member . i ' m asking richard ' s group to pay for his visit , probably in august . steve

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Subject: departure the research group is a unique and extraordinarily valuable organization for enron . the success of the group has led to widespread recognition of enron ' s leadership in quantitative finance as it relates to the energy markets . therefore , it is with great mixed emotions that i announce my resignation as i move on to the next phase of my career . i have enjoyed getting to work with each of you and wish you continued success for the future . highest regards , kevin kindall ps : comments , question , and anecdotes will be addressed in thursday ' s meeting . shirley will have my contact info .

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Subject: energy book hi grant , hope all is well with you . i trust you got my message via the voicemail that ileft with vince late friday afternoon about my inability to travel - i ' m trying to rearrange my trip for a couple of week ' s time when my ear has cleared up , and i look forward to meeting with you one day . i wrote to vince last week asking for a favour , but i ' m not sure ifhe is there in houston . i know that you guys are probably very busy but i was wondering if you can write a few sentences for me . i ' m sending out some sample chapters to the people who responded positively ( all of them ! ) to my request for some feedback on the book . chapter 1 has an ' overview ' of the book with just a couple of sentences on each chapter . could you please write a sentence or two for your chapter ? i ' m including what i have already written ( although i think it has changed slightly from this version ) so that you can see the style . many thanks and best regards . chris . 2 overview of this book this book aims to provide an in - depth understanding of the pricing and risk management of energy derivatives . in the remainder of this chapter we give an overview of the fundamental principals needed to model and price energy assets , and which underlie the rest of the book . as well as introducing the techniques that underlie the black - scholes modelling framework we discuss the numerical techniques of trinomial trees and monte carlo simulation for derivative pricing which are used extensively later in the book . in chapter 2 we analyse spot energy prices . apart from describing empirical prices we propose a number of processes that can be used to model the prices . we look at the well - know process of gbm as well as mean reversion , stochastic volatility and jump processes , discussing each , and showing how they can be simulated and their parameters estimated . chapter 3 , written by vince kaminski and grant masson of enron capital and trade . chapter 4 examines forward curves in the energy markets . although such curves are well understood and straight forward in the world debt markets the difficulty of storage in many energy markets leads to less well defined curves . what we do in this chapter chapter 5 presents an overview of the common and not - so - common derivative structures in the energy markets and discusses their uses . examples of products analysed in this chapter include a variety of swaps , caps , floors and collars , as well as energy swaptions , compound options , asian ( or average rate ) options , barriers , lookbacks , and ladder options . chapter 6 investigates single and multi - factor models of the energy spot price and the pricing of some standard energy derivatives . closed form solutions for forward prices , forward volatilities , and european option prices are derived and presented for all the models in this chapter including a three factor stochastic convenience yield and interest rate model with jumps . chapter 7 shows how the prices of path dependent and american style options can be evaluated for the models in chapter 6 . simulation schemes are developed for the evaluation of european style options and applied to a variety of path dependent options . in order to price options which incorporate early exercise opportunities , a trinomial tree scheme is developed . this tree is built to be consistent with the observed forward curve and can be used to price exotic as well as standard american style options . chapter 8 develops a new methodology for valuing energy options based on modelling the market observed forward curve . the approach results in a multi - factor model that is able to capture realistically the evolution of a wide range of energy forward curves and where the user defined volatility structures can be of an extremely general form . closed - form solutions are developed for pricing standard european options and efficient monte carlo schemes for exotic options . the chapter finishes with a discussion of the valuation of american style options . chapter 9 focuses on the risk management of energy derivative positions . in this chapter we discuss the management of price risk for institutions that sell options or other derivatives to a client and who is then faced with the problem of managing the risk through time . we begin with delta hedging a portfolio containing derivatives and look at extensions to gamma hedging - using the models from chapters 5 and 7 . the general model of chapter 7 ideally suited to multi - factor hedging and this is also discussed . chapter 10 looks at the key risk - management concept of value at risk applied to portfolios containing energy derivative portfolios . after discussing the concept of the measure , we look at how the key inputs ( volatilities , covariances , correlations , etc ) can be estimated . we then compare the fours major methodologies for computing var ; delta , delta - gamma , historical simulation and monte - carlo simulation . finally , we look at testing the var estimates for various underlying energy market variables .

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Subject: returned mail : see transcript for details the original message was received at tue , 19 jul 2005 12 : 59 : 18 + 0200 from ntibrko 70111 . ibrk . nt . ftth . ppp . infoweb . ne . jp [ 211 . 2 . 26 . 111 ] - - - - - the following addresses had permanent fatal errors - - - - - - - - - - transcript of session follows - - - - - 554 5 . 0 . 0 username or alias unknown 550 5 . 1 . 1 . . . user unknown

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Subject: re [ 15 ] : i ' ll give you . . microsoft xbox love stories go ahead . men u . s . postal service

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Subject: re : prof . carmona vince , my apologies for the late response - and thank you for your input . yannis - - - - - original message - - - - - from : kaminski , vince sent : tuesday , march 06 , 2001 3 : 15 pm to : yannis tzamouranis / hou / ect @ enron cc : kaminski , vince ; mark tawney / hou / ect @ enron ; shanbhogue , vasant subject : prof . carmona yannis , i have looked at the outline of the proposed course and find that practically all the topics of the program are the staple of what we do every day . i don ' t think research should spend money for this class . if we want to establish a relationship , we can easily do it by asking him to work on a research project . vince

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Subject: el paso statement on california situation in case you haven ' t already seen this : el paso addresses the california energy situation ( february 26 , 2001 ) houston , feb . 26 / prnewswire / - - el paso corporation ( nyse : epg ) reaffirmed today its continuing commitment to work with all parties involved to help improve california ' s energy situation . " we are surprised to see continuing misinformation in the media concerning el paso ' s involvement in california , " said norma dunn , senior vice president of corporate communications and external affairs at el paso corporation . " we would like to take this opportunity to clarify the record . " the significant increase in electricity demand at a time when available power supplies are short has caused a sharp climb in the price of power , which has in turn increased the price of natural gas used to generate electricity . high natural gas prices are , therefore , an effect rather than a cause of the power shortage . allegations that natural gas prices were deliberately manipulated by withholding capacity on the el paso natural gas pipeline overlook critical facts and are demonstrably untrue . it is not possible for any holder of capacity on the el paso natural gas pipeline to cause a significant increase in california gas prices by refusing to use that capacity . the el paso natural gas pipeline is required by law to post the availability of any unused capacity on its public bulletin board and is obligated to sell that capacity for no more than the published tariff rate found to be just and reasonable by the federal energy regulatory commission . all capacity held by el paso merchant energy on the el paso natural gas pipeline has been used or made available for use by others to serve california and other western markets . allegations that there was a " conspiracy " in 1996 to limit new interstate pipeline capacity into california are absolutely refuted by facts that no one can challenge . the facts show that all new pipelines considered during the 1990 s were either built or were not viable projects because they lacked sufficient customer support to justify their construction . for example , despite years of marketing efforts by tenneco , not a single potential customer could be induced to make the sort of binding commitment required for the proposed altamont project to proceed . for that reason alone , it was ultimately dropped . in 1996 , according to estimates , there were between one and two billion cubic feet per day ( bcf / d ) of excess natural gas transportation capacity on existing interstate pipelines serving california . indeed , it was misplaced reliance on the continuing availability of such excess capacity that prompted the california public utilities commission to encourage pg & e , socal edison , and socal gas , beginning in 1996 and continuing into 1998 , to relinquish over 1 . 5 bcf / d of firm transportation capacity on the el paso natural gas pipeline . processes are now under way to assess present demand and support for new interstate pipeline capacity into california , and el paso intends to do its part to help satisfy whatever needs may be established today . as recently as last year , there were periods when significant quantities of unused capacity were available on the el paso natural gas pipeline that were not necessary to meet demands at that time . notwithstanding its availability , this capacity was not used by shippers to california to fill in - state natural gas storage facilities for future use . if california had taken advantage of the opportunity in 2000 to store the same volumes of natural gas that had been stored in 1999 , reliance on the spot market would have been reduced and the steep rise in prices at the california border could have been substantially mitigated or avoided . it is now widely recognized that the california " energy crisis " was caused by the inability of the supply of power available in california to keep pace with the state ' s economy and increased demand . a combination of factors caused a sharp increase in power prices . first , the construction of new power plants in california is a slow , difficult , and heavily regulated process . as a result , the growing demand has far outstripped in - state generating capabilities . second , unfavorable precipitation and increased out - of - state demand caused some of the hydroelectric power normally relied on by california to become unavailable . third , increased demand for power in the western united states drove up prices that california had to pay to out - of - state generators . fourth , state policies deregulated wholesale power prices but capped the rates paid by consumers , leaving demand unrestrained and preventing utilities from recovering their costs . fifth , because rate caps prevented utilities from passing increased costs to consumers , the utilities ' creditworthiness was impaired , causing supplemental power needed during peak periods to become more difficult and expensive to purchase . sixth , the early and greater - than - normal use of peaking units - plants that are designed to only operate under peak demand conditions - necessitated unscheduled maintenance , rendering them unavailable at critical times . seventh , during the final months of 2000 , some power plants were forced to shut down because increased usage exhausted their air emissions credits . eighth , a warm summer followed by an early onset of cold weather further drove up demand for power . finally , the increased power costs in california could have been substantially mitigated through long - term power contracts and less reliance on the volatile short - term power market . " california is currently in a difficult position , but now has the opportunity to refine its regulatory model and craft a long - term energy policy , " said dunn . " el paso has been one of the largest suppliers of energy to california for more than 50 years , and we are actively participating with all parties in california to be a part of a long - term , stable solution to california ' s energy needs . " el paso corporation , the largest and most broadly based natural gas company in the world , spans the energy value chain from wellhead to electron . with an enterprise value in excess of $ 50 billion , el paso is a leader in every phase of the natural gas industry . the company owns and operates a significant portion of the north american natural gas delivery grid , operates the fastest growing , most sophisticated energy merchant group , and is the nation ' s third largest natural gas producer . el paso , a leader in risk management techniques , is focused on maximizing shareholder value , transforming existing markets , and speeding the development of new markets . visit el paso at www . epenergy . com . cautionary statement regarding forward - looking statements this release includes forward - looking statements and projections , made in reliance on the safe harbor provisions of the private securities litigation reform act of 1995 . the company has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current , reasonable , and complete . however , a variety of factors could cause actual results to differ materially from the projections , anticipated results or other expectations expressed in this release . while the company makes these statements and projections in good faith , neither the company nor its management can guarantee that the anticipated future results will be achieved . reference should be made to the company ' s ( and its affiliates ' ) securities and exchange commission filings for additional important factors that may affect actual results . bob brooks gpcm natural gas market forecasting system http : / / gpcm . rbac . com

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Subject: pserc denver meeting vince , the pserc meeting lance and i went to was both interesting and boring . pserc has 11 school members and 30 industry members . its research program consists of three stems : markets , transmission and distribution , and systems . ( enron ' s interests probably lie mainly in the first stem . ) in morning of the first day , researchers from universities presented their project proposals . i found some of them quite interesting . for example , shmuel oren , fernando alvarado , tim mount ( of cornell ) propose to study " market redesign : incorporating the lessons learned from actual experiences for enhancing market design , " shijie deng , s . oren et al propose to study " power asset valuation model in a market - based and reliability - constrained electric power system . " the first got funded but the second did not . in the same afternoon industry and academic separated to have their own discussion . i went to the academic discussion and lance the industry one . i hope my presence there did not make things worse , for the discussion revealed a lot of organizational chaos and confusion . the proposal screen process got a lot of heat from participants . the proposal process goes as follows : researchers first write a short proposal to appropriate stem committee ( no industry participantion , it seems to me ) , each committee then ranks the proposal and selects the top 3 or 4 . the selected proposals are then expanded to be present to the industry . industry then gets to vote which proposals get funded . however , some researchers were very unhappy about the initial ranking and selection process . there were accusation of self - ranking , communication between stem committee and member schools breaking down , and so on . some were even asking for some sort of assurance that the project will be funded even before wrting it ( the arguement was " then it was a waste of our time to write proposals " , which i found quite amusing ) . all in all , i found the process was not taken seriously enough by university researchers . pserc has been established for 5 years now and it still does not have a proper proposal screen process , which is hard to believe . also , the communication among university researchers , between stem committee and member schools , and most importantly , between researchers and industry , are not smooth as all . since the proposals are voted by 30 or so industry members , the " right " projects may not get funded . too many participants also make the decision process very indecisive and quite painful to watch ( lance can comment on this better ) . they also wanted to spread the fund among all schools which made the voting a less authoritive . i believe enron will not get much returns from join pserc ( price tag is $ 40 , 000 per company per year ) . if we find some projects interesting , we can sponsor the schools in the form of summer interns , the schools claim that most of the fund goes to support students anyway . alex

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Subject: exmar credit john , bill bradford is on vacation . i passed your question regarding exmar credit rating to debbie brackett . vince

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Subject: enron , india database sandeep , ? below , i have summarized henwood ' s work on the india database to date . ? the " inter _ regional links . ppt " file shows the topology and links between bubbles in the our model and " expand _ india _ data _ 011000 . xls " details the existing station information that we have compiled to date . ? total resources closely match reported resources as shown in " l & r _ 0110 . xls " . reported india total in 1997 is 86 , 000 mw and that in the henwood database is 84 , 000 mw through 1997 . ? region emss database reported [ 1 ] difference - inter _ regional links . ppt - expand _ india _ data _ 011000 . xls - l & r _ 0110 . xls

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Subject: hc collar valuation - update andrea , we computed the hc historical volatility for last 3 years , it is 47 . 2 % . using this volatility , the costless collar call strike is at 83 . 32 . zimin

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Subject: re : accounting adjustment vince , many thanks ! i will let our accounting department know . kim .

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Subject: re : subscriptions stephanie , please , discontinue credit and renew the two other publications : energy & power risk management and the journal of computational finance . enron north america corp . from : stephanie e taylor 12 / 12 / 2000 01 : 43 pm to : vince j kaminski / hou / ect @ ect cc : subject : subscriptions dear vince , we will be happy to renew your subscription to risk . in addition , the following publications are up for renewal : reg . subscription cost with corp . discount credit $ 1145 . 00 $ 973 . 25 energy & power risk management $ 375 . 00 $ 318 . 75 the journal of computational finance $ 291 . 75 $ 247 . 99 if you wish to renew these , we will also take care of this for you . i would appreciate your responding by december 18 th . please include your company and cost center numbers with your renewal . thank you , stephanie e . taylor esource 713 - 345 - 7928

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Subject: = ? iso - 8859 - 1 ? q ? clausura _ curso _ ni = dlos _ y _ adolescentes . ? = 5 de julio 2005 lic monica ramos rodriguez . jefa de noticias de tv 9 canal de oaxaca la television de los oaxaque?os . estimada licenciada : reciba un cordial saludo y al mismo tiempo mi solicitud para que un reportero y un camarografo nos haga el favor de tomar la rese?a de la clauura del curso de " prevencion de adicciones " para menores oaxaque?os . que se imparti? del 4 al 8 de julio del 2005 de 10 : 00 al 4 : 00 horas en coordinacion con el centro de integracion juvenil a . c . de oaxaca . este curso cont? con la participacion de ni?os oaxaque?os en edad de primaria , la instructora fue la lic en trabajo social victoria ortega . dicha clausura se realizar? en el cij ubicado en marcos perez 111 a las 14 horas , con la entrega de las constancias de participacion por parte del cij y telefonos de mexico s . a . de c . v . mucho le agradecer? nos d? su amable confirmacion por este medio . reciba un cordial saludo . lae . ada beatriz lopez y lopez h colegio militar 1013 col reforma oaxaca oax c . p . 68050 ahora infinitum te da doble de velocidad , mismo precio . baja fotos , m?sica , videos y todo lo que quieras al doble de velocidad desde $ 349 al mes m?s i . v . a . ? qu? esperas ? acel?rate al doble y con?ctate http : / / www . hits . telmex . com / app / ad _ mgr / ad _ mgrn . jsp ? ad = 371 as?m @ te a telmex . com http : / / www . hits . telmex . com / app / ad _ mgr / ad _ mgrn . jsp ? ad = 195 confidentiality notice : this e - mail message including attachments , if any , is intended only for the person or entity to which it is addressed and may contain confidential and / or privileged material . any review , use , disclosure or distribution of such confidential information without the written authorization of tel?fonos de m?xico is prohibited . if you are not the intended recipient , please contact the sender by reply e - mail and destroy all copies of the original message . by receiving this e - mail you acknowledge that any breach by you and / or your representatives of the above provisions may entitle tel?fonos de m?xico to seek for damages . aviso de confidencialidad : este correo electr?nico , incluyendo en su caso , los archivos adjuntos al mismo , pueden contener informaci?n de car?cter confidencial y / o privilegiada , y se env?an a la atenci?n ?nica y exclusivamente de la persona y / o entidad a quien va dirigido . la copia , revisi?n , uso , revelaci?n y / o distribuci?n de dicha informaci?n confidencial sin la autorizaci?n por escrito de tel?fonos de m?xico est? prohibida . si usted no es el destinatario a quien se dirige el presente correo , favor de contactar al remitente respondiendo al presente correo y eliminar el correo original incluyendo sus archivos , as? como cualesquiera copia del mismo . mediante la recepci?n del presente correo usted reconoce y acepta que en caso de incumplimiento de su parte y / o de sus representantes a los t?rminos antes mencionados , tel?fonos de m?xico tendr? derecho a los da?os y perjuicios que esto le cause .

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Subject: investment to all whom it may concern : i keep receiving such unsolicited messages ( please , see below ) that represent an obvious scam . is there any way to block out the messages from this source ? i assume other employees of enron are also being hit . vince kaminski - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 01 / 02 / 2001 08 : 19 am - - - - - - - - - - - - - - - - - - - - - - - - - - - " dagogo kalu " on 12 / 30 / 2000 02 : 15 : 58 am to : vince . j . kaminski @ enron . com cc : subject : investment from : col . dagogo kalu tel / fax 448453342783 attn : president / ceo request for an assistance dear sir , with due respect and knowledge of your good reputation , i decided to contact you for this matter that need urgent attention . i am col . dagogo kalu . i was the commandant of the west african peace keeping force & monitoring group ( ecomog ) until i sustained a very serious injury that put me off the military camp for about 3 months now . honestly , i have full trust for your honesty hence i write this letter to you . during our recent mission to sierra leone , a diamond rich west african country to cushion the war between the rebels and the ruling government , we ran into 2 boxes ( consignment ) right inside a thick jungle where we believed was a hide out of the rebels . as we opened the boxes , one that is smaller contains numerous sizes of raw diamond . the bigger box contains about us $ 15 . 2 million , which we believed to be the total amount of diamond sold at that period of time by the rebels before we invaded the place . myself and my two other colleagues took the boxes away . i took the bigger box containing the us $ 15 . 2 million to cotonou benin republic which is the nearby country and deposited it with one security company for safe keeping to enable me think wisely on what to do with the money . the smaller box containing the raw diamond i gave it to my other 2 colleagues , which they accepted in good faith . a month after this , the rebels lunched a counter - attack on us where i sustained a very serious gun shut wound on my right leg . a lot of our boys died but few survived . at this moment , i am receiving medical treatment here in london . this is why i need your help urgently . i need a foreign company i will present as the beneficiary of the huge amount and also pay in the money into their account . your bank account must be a good one where we shall not pay much as tax . you shall also serve as the general overseer and guardian of this fund and all the investment of this money will be under your care until i recover fully . i will give you all the details of the transaction immediately i get your response . you will also get a suitable percentage ( % ) as your share . all the documents of the deposit of the money are intact with my wife . i have already finalized this arrangement with the security company so there is no problem at all . please you can reach me through my direct tel / fax no : 448453342783 where i am receiving treatment . in your reply , state clearly your direct telephone and fax numbers for easy communication and more confidentiality . further details will be given to you once i hear from you . i await your urgent response soonest . best regards , col . dagogo kalu get your free download of msn explorer at http : / / explorer . msn . com

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Subject: addition to enron - summer internships vince : please include ram vittal to the summer internship list , if you have not already done so . according to my count , that make a total of 8 students from the enron tiger team who have a desire to work with enron . thanks , donna - - - - - original message - - - - - from : vittal , maheshram [ mailto : mvittal @ wharton . upenn . edu ] sent : friday , february 02 , 2001 10 : 17 pm to : ' fap ' subject : re : call from enron donna : i had submitted my resume directly to their recruiting office and haven ' t heard from them . i would be very willing to reforward my resume , if required . thanks , ram

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Subject: mid - year 2000 performance feedback note : you will receive this message each time you are selected as a reviewer . you have been selected to participate in the mid - year 2000 performance management process by providing meaningful feedback on specific employee ( s ) that have been identified for you . your feedback plays an important role in the performance management process , and your participation is very critical to the success of enron ' s performance management goals . please provide feedback on the employee ( s ) listed below by accessing the performance management system ( pep ) and completing an online feedback form as described in the " performance management quick reference guide " . you may begin your feedback input immediately . please have all feedback forms completed by the date noted below . if you have any questions regarding pep or your responsibility in the process , please call the pep help desk at the following numbers : in the u . s . : 1 - 713 - 853 - 4777 , option 4 in europe : 44 - 207 - 783 - 4040 , option 4 in canada : 1 - 403 - 974 - 6724 ( canada employees only ) or e - mail your questions to : perfmgmt @ enron . com thank you for your participation in this important process . the following list of employees is a cumulative list of all feedback requests , by operating company , that have an " open " feedback status . an employee ' s name will no longer appear once you have completed the feedback form and select the " submit " button in pep . review group : enron feedback due date : jun 16 , 2000 employee name supervisor name date selected - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ahmad , anjam dale surbey may 22 , 2000 carson , margaret m james d steffes may 26 , 2000 crenshaw , shirley j wincenty j . kaminski may 24 , 2000 ghosh , soma timothy davies may 31 , 2000 vernon , clayton j vasant shanbhogue may 26 , 2000 yuan , ding richard l carson jun 02 , 2000 zipter , rudi c theodore r murphy may 25 , 2000

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Subject: undelivered mail returned to sender this is the postfix program at host correio . quick . com . br . i ' m sorry to have to inform you that the message returned below could not be delivered to one or more destinations . for further assistance , please send mail to if you do so , please include this problem report . you can delete your own text from the message returned below . the postfix program : user unknown . command output : invalid user specified .

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Subject: re : dolores please , register me for a session on 9 / 29 / 2000 at 12 : 45 . vince kaminski celeste roberts 08 / 29 / 2000 06 : 21 pm to : celeste roberts / hou / ect @ ect cc : ( bcc : vince j kaminski / hou / ect ) subject : urgent the associate and analyst recruiting department will be conducting a number of two hour workshops to review our recruiting and interview process for the fall on - campus recruiting effort . critical information regarding our on - campus interview process , revised evaluation forms and program structure will be reviewed during these two hours sessions . it is mandatory that all team members attend these workshops . all team members must attend in order to articulate and demonstrate the enron recruiting process . knowing how busy schedules are , we have made arrangements to present these workshops in two hours sessions for a total of 40 workshops that will run during the last week of august , through the month of september and end at mid october . listed below are the dates , location and times for each session . please select a date and time and e - mail this information to my assistant , dolores muzzy . we can accommodate 25 participants at a time . dolores will take dates and times on a first come , first serve basis . we have scheduled enough sessions to accommodate every member of both the associate and analyst recruiting teams . in order to participate in the recruiting process , you must attend one of these sessions . we will be tracking participation . cpe credits will also be given for attending this workshop .

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Subject: arthur andersen model validation request vince , our goal is to validate that the enron global market book administrators are accurately using the " spread option model " as developed by the research group . to determine this , we would like to provide you with the inputs for a particular deal ( as provided by a global markets book administrator ) and have you recalculate the deal value . we will then compare your results to the values calculated by global markets . two koch deals have been chosen due to their substantial p / l effect . i have attached the deal data in two forms : ( 1 ) the spread option model that kara boudreau , book administrator egm , provided and ( 2 ) an excel spreadsheet that isolates the 2 deals . if there is anything more that we could provide , please don ' t hesitate to call me at x 30968 . thank you so much for all of your help . gillian 1 . 2 .

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Subject: 6 % commission on 12 month " cd - style " annuity 3 . 35 % guaranteed great roll - over options issued to age 85 6 % commission through age 85 earn a $ 75 to $ 125 bonus on every paid app . . . bonus offer expires july 31 , 2002 call or e - mail mo marketing today ! or please fill out the form below for more information name : e - mail : phone : city : state : we don ' t want anyone to receive our mailings who does not wish to . this is professional communication sent to insurance professionals . to be removed from this mailing list , do not reply to this message . instead , go here : http : / / www . insurancemail . net legal notice

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Subject: new recruit : matthew williams work and training plan attached . those in the us please feel free to resize the document to your printer ' s content . steve

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Subject: re : updated message - preliminary rankings norma , i could not open the message . i get the message : encrypted , not intended for you . vince norma villarreal 11 / 29 / 2000 06 : 06 pm to : vince j kaminski / hou / ect @ ect cc : subject : updated message - preliminary rankings

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Subject: your visit with vince kaminski - enron corp . research dear mr . fujita : we would be very honored to have you visit with enron . dr . kaminski is available all day on monday , april 17 and from 3 : 30 - 5 : 00 pm on tuesday , april 18 . please let me know which day and time is convenient for you . thank you . sincerely , shirley crenshaw administrative coordinator research group 713 / 853 - 5290

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Subject: re : ( no subject ) jana , sorry , i shall be in florida this thursday . i am speaking at a conference in key biscayne . talk to you soon . vince jlpnymex @ aol . com on 03 / 28 / 2000 09 : 32 : 16 am to : doris . a . abernathy @ ucm . com , nalexander @ texasmonthly . emmis . com , blackj @ wellsfargo . com , ckcrews @ swbell . net , rclark @ nymex . com , kcdunnagan @ aol . com , rdyerlaw @ houston . rr . com , ggulen @ uh . edu , lesley . guthrie @ cpa . state . tx . us , elizabethherring @ pzlqs . com , eric . hoffman @ esso . com , khcnb @ arkansas . net , michael . jacobs @ hq . doe . gov , vkamins @ enron . com , info @ . com , kimmorrell @ excite . com , adrian . a . nunez @ usa . conoco . com , elizabeth _ oldroyd @ americancentury . com , woodybc @ bp . com cc : subject : ( no subject ) dear friends : it is time for rockin ' at rockefellers which benefits the houston symphony ! this is your chance to dance , your date to associate , and your option to auction ! join us thursday , april 6 , from 7 - 10 p . m . at the legendary rockefeller hallon historic washington avenue at heights blvd . dance the night away to the sounds of sammy relford and friends and enjoy an open bar and light hors d ' oeuvres , and a silent auction full of unique , celebrity items . tickets are $ 20 in advance , and $ 25 at the door . invite your friends , and join us there ! jana phillips

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Subject: follow - up on siam workshop i am forwarding for your attention the resume of peter percell who has an extensive experience in modeling physical flows of natural gas in pipeline systems . peter is looking currently for a job . i met him last week at the meeting of the science and industry advance with mathematics society at the university of houston . the application of recent developments in optimization theory and numerical methods can help enron to improve further efficiency of our pipeline system and reduce the consumption of compressor fuel . please , let me know if you interested in introducing peter to executives in your organization . i shall be glad to make arrangements for an interview . vince kaminski - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 04 / 30 / 2001 02 : 17 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - peter percell on 04 / 30 / 2001 11 : 16 : 58 am to : vincent kaminski cc : subject : follow - up on siam workshop i enjoyed your presentation , and meeting you briefly afterwards , at the siam workshop last friday . i have extensive experience as a technical leader in the design and development of modeling and simulation software products , mostly for the oil and gas pipeline industry . i am looking for a position that can utilize my software development and mathematical skills . getting out of the narrow confines of the pipeline simulation industry would be a plus . please consider whether i might fit in your group . your answer to a question indicated that i have several of the skills you look for . also , please let me know , by email , the names and contact information of other managers within enron who might benefit from having someone with my qualifications in their group . attached are my resume and an addendum covering academic & consulting experience . publications are available on request . i will call you in a couple of days to follow up on this email . thank you for your time . peter percell 10030 doliver drive percell @ swbell . net houston , tx 77042 - 2016 ( 713 ) 532 - 3836 voice & fax - percell , peter resume only . doc - percell , peter a & c exp . doc

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Subject: alp presentation vince and ken , dean gil whittaker of the rice business school has also confirmed ! ! pass the word on to the students ( no pressure ! ! ha ! ! ) - i think i ' ll go ahead and put the word out to some of the active rice alums here at enron - - it ' ll be a great event ! thanks ! - - christie . - - - - - - - - - - - - - - - - - - - - - forwarded by christie patrick / hou / ect on 04 / 11 / 2001 03 : 20 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - " gilbert r . whitaker , jr . " on 04 / 11 / 2001 03 : 15 : 28 pm to : christie . patrick @ enron . com cc : subject : re : alp presentation christie - i have rearranged my schedule and will be very pleased to attend the alp presentation and dinner at enron . thanks . gil at 06 : 01 pm 4 / 10 / 01 - 0500 , you wrote : > president gillis and dean whitaker , > > enron would be honored with your presense at the presentation set forth > below . > > under the guidance of vince kaminski and his team here at enron , we are > thoroughly enjoying working with this group of bright and enthusiastic rice > students . we hope you can join us for the culmination of their significant > efforts . > > please let me know - - thanks ! ! > > - - christie . > - - - - - - - - - - - - - - - - - - - - - - forwarded by christie patrick / hou / ect on 04 / 10 / 2001 > 05 : 52 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - > > > vince j kaminski > 04 / 10 / 2001 08 : 13 am > > to : barrett @ rice . edu , uecker @ rice . edu , cmiller @ rice . edu , > lounghrid @ rice . edu , luigical @ rice . edu > cc : vince j kaminski / hou / ect @ ect , christie patrick / hou / ect @ ect , shirley > crenshaw / hou / ect @ ect , kenneth parkhill / na / enron @ enron > > subject : alp presentation > > on behalf of enron corp . i would like to invite you to an alp project > presentation by a group of students > of jesse h . jones graduate school of management , rice university . > > the students will present the results of a research project regarding > electronic trading > platforms in the energy industry . > > the presentation will be held on may 7 , at 4 : 00 p . m . at enron , 1400 smith . > > we would also like to invite you to dinner , following the presentation . > > > vince kaminski > > vincent kaminski > managing director - research > enron corp . > 1400 smith street > room ebl 962 > houston , tx 77002 - 7361 > > phone : ( 713 ) 853 3848 > ( 713 ) 410 5396 ( cell ) > fax : ( 713 ) 646 2503 > e - mail : vkamins @ enron . com

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Subject: re : hello sounds great - - i ' ll coordinate with shirley . jacob was very excited about his prior meeting with you and the group . molly - - - - - original message - - - - - from : kaminski , vince sent : tuesday , may 01 , 2001 4 : 42 pm to : magee , molly cc : kaminski , vince ; krishnarao , pinnamaneni ; watson , kimberly subject : re : hello molly , kim watson would like us to bring jacob for another interview . we can do it later this week . vince vince - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 05 / 01 / 2001 02 : 22 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - from : kimberly watson / enron @ enronxgate on 05 / 01 / 2001 09 : 17 am to : vince j kaminski / hou / ect @ ect cc : subject : re : hello hi vince , if you are still interested in bringing back this gentleman back for another interview , i would very much like to meet with him . sean talked with him when you brought him in a few weeks ago and he thought it would be a good idea for me to meet with him so we can compare thoughts . thanks , kim . - - - - - original message - - - - - from : kaminski , vince sent : monday , april 16 , 2001 1 : 21 pm to : watson , kimberly cc : krishnarao , pinnamaneni ; kaminski , vince subject : re : hello kim , this is a letter from one of the job applicants who works for pros . it seems that the system they develop for williams is more a scheduling system . would you like to ask him to come back for another interview , to get more information out of him ? vince - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 04 / 16 / 2001 01 : 18 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - > " jacob y . kang " on 04 / 11 / 2001 11 : 18 : 44 pm to : vince . j . kaminski @ enron . com cc : subject : re : hello dear vince : it was so nice meeting and talking with you too . i did not take any pen back , i lost my pen too somewhere in enron . as i mentioned to you , after i got my ph . d in 1999 , i have been working two years as lead scientist and science manager in energy division at pros revenue management inc . in houston . i developed and implemented the mathematical models for trading optimization system and firm transportation optimization system . the trading optimization system becomes the most popular product in the industry this year . duke energy just signed the contract to buy this product yesterday . conoco and williams also signed the contracts for it . according to pros sales department , the potential marketer to buy this product exceeds 15 companies in one or two years . enron is the ideal place for me to continue my research and system developing efforts to combine revenue management with risk management . i am confident that i can make significant contributions to enron in this area . i would like to thank you again for giving me this opportunity to come to enron for this interview . i am looking forward to having the opportunity to work in enron . sincerely yours jacob - - - vince . j . kaminski @ enron . com wrote : > jacob , > > it was nice meeting you . did take by any chance > my pen ? if not , i apologize . > > vince > do you yahoo ! ? get email at your own domain with yahoo ! mail . http : / / personal . mail . yahoo . com /

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Subject: re : factor loadings for primary curves tanya , i went through the comparisons for the liquids curves and the appearance of clear parallel shifts , etc , do begin to emerge when fewer forward prices are used . it looks sensible . i have passed the graphs over to the liquids people , and i have asked them to identify rough term structure months when illiquidity begins for these curves . it might coincide with your assumptions . i am surprised by brent and dubai , which should be wti - clones . naveen tanya tamarchenko @ ect 10 / 04 / 2000 04 : 35 pm to : naveen andrews / corp / enron @ enron , vladimir gorny / hou / ect @ ect cc : vince j kaminski / hou / ect @ ect , kirstee hewitt / lon / ect @ ect subject : re : factor loadings for primary curves naveen & vlady , jin yu finished debugging the vatrfacs code and now it calculates factor loadings for every " primary " curve ( except power curves ) . i am sending you the calculated factors : most of them don ' t look good . 60 forward prices were used in calculations for each commodity . i reran the code using fewer forward prices depending on the commodity ( 12 prices for c 3 gc , mtbe , nc 4 , so 2 , 17 prices for nxho , 18 - for sa , 24 for c 2 gc , lax _ jfk , , 30 - for condensate , dubaicrude , brent , , 48 for nsw , semichem - risi ) these results are in most of them look much better . please , review . we will have to add a column in rms _ main _ curve _ list to specify how many forward prices we want to use for each commodity , and then use the new factors in the var model . tanya .

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Subject: london status report - research weather effort vince , fyi to give you background for tomorrow ' s telephone conference steve is really a home - run hitter mike - - - - - - - - - - - - - - - - - - - - - - forwarded by mike a roberts / hou / ect on 04 / 12 / 2001 09 : 26 am - - - - - - - - - - - - - - - - - - - - - - - - - - - enron north america corp . from : stephen bennett @ enron 04 / 12 / 2001 09 : 02 am to : mike a roberts / hou / ect @ ect cc : subject : london status report hi mike , before we meet with vince tomorrow - i thought we should drop you a line and give you an idea as to what ' s been accomplished in the first week as well as some of the challenges and problems we ' ve run into . this way we can make the most effective use of vince ' s time . 1 ) current products and customers in our first 3 days - we established 6 different customer groups - representing approximately 40 traders plus additional fundamentals and analytics folks . the groups are : uk trading , gas fundamentals , crude trading , weather derivatives , continental power , and an internal trader newsletter . we ' ve built the following framework to address these customers - the key deadlines are noted : 0800 : uk trading / weather derivatives / fundamentals : prepare a 1 to 5 day uk specific forecast and assess the 12 z runs of the ecmwf ( and ensembles ) , the avn as well as earthsat ' s 1 - 5 day outlook . the traders are particularly interested in the performance of the ecmwf as it feeds all of their demand models . we prepare a 1 page summary and give an idea as to any particular forecast biases - whether we feel things may come in warmer or colder than the model . we brief the traders and field questions then provide our report to the fundamentals group . * * in the future we would like to be able to gather raw data from the avn and mrf to provide a series of choices which could be input into their demand models or at least be able to give them our " best pick " of guidance and how we feel things may deviate from that pick . 1030 am : obtain the uk met 6 - 10 and 1 - 5 day forecasts . provide comment for uk trading . 1200 : uk trading / crude and products / weather derivatives : prepare a full qualitative analysis of oz models ( mrf / nogaps / canadian / ensembles ) . produce a 6 to 10 day europe forecast and make any needed adjustments to the 1 to 5 day forecast . produce the global weather report including a global executive summary ; analysis of teleconnections and their expected impact ; 1 to 5 and 6 to 10 day forecasts compared to earthsat ; a 10 day city forecast table for european cities along with the expected effect on heating demand and finally a " port status report " describing weather and port conditions in 11 worldwide ports . update traders ( uk and wx deriv ) on changes or new trends in the oz models . provide a quality assessment of the uk met 6 to 10 and 1 to 5 day forecast for uk trading . 1330 ( mon - wed ) : brief the crude and products groups in london and houston . 1600 : review 12 z avn for any major forecast changes and communicate changes to traders . weekly : produce a weather article for " critical mass " - internal trading newsletter . of course between 1000 and 1330 we are looking closely at the us weather for support to you guys in houston . i ' m still writing the daily us executive summary as well as producing a 6 to 10 day us forecast . 2 ) requested projects : * gas fundamentals has asked us to provide weather information for their morning report and website . they would like to be able to gather objective output from as many forecast models as we can get . * weather derivatives has asked for week ahead , month ahead , and seasonal outlooks for temperature and precipitation . they have also asked about creating a tradeable " nao index " and developing an in - house model for forecasting nao . * continental power has asked for temperature and precipitation outlooks for power generation and hydro . * gas fundamentals , uk trading , continental power , weather derivatives and crude and products have all asked for a european summer outlook for temperature and precipitation . we expect to have this completed tomorrow . * the research group has asked for assistance in gathering climate data across spain for temperature and precipitation . 3 ) leads to follow up on : * elsa in houston asked us to contact some of the softs traders here and let them know once we were up and running . * contact chris mahoney to determine if we can provide and additional support for crude and products . * follow up on a potential morning breifing for continental power 4 ) challenges : * we ' ve been told that we will be moving locations next week - which might entail corrupting or loosing the software and hardware configurations that have taken almost a week to get fully established . it seems that this office functions on a " hot desk " system where people are constantly moving around . this will make it very difficult to stay connected - as well as very difficult for our customers to identify us . * administrative detail take an inordinate amount of time . assembling reports both physical and electronic can take nearly as long as actually preparing the reports ! - - - mike , ok - i think that brings you up to speed . i ' ve been amazed at the amount of feedback we ' ve already gotten and we ' ve only been here 3 days ! on that note i wanted to let you know that i am fully committed to this project . it seems that we will not have a second meteorologist to assist tony by my planned departure date on the 20 th . as such - i can continue in my current role through my planned vacation - keeping me in london until the 27 th - which is my current reservation back to houston . i am also open to remaining in london beyond the 27 th to ensure the success of this project . hopefully this gives you a good idea as to what ' s gone on in the first few days here . we look forward to talking to you later today and with you and vince tomorrow .

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Subject: reviewer approval please note that your employees have suggested the following people to complete a feedback form on their behalf . you will need to access the performance management system ( pep ) to either approve or decline these suggested reviewers . once you have approved the suggested reviewers they will be notified and can begin completing the feedback form . your list of employees that have suggested reviewers are listed below : date suggested : may 19 , 2000 feedback due date : jun 16 , 2000 employee name : kollaros , alexios date suggested : may 22 , 2000 feedback due date : jun 16 , 2000 employee name : krishnarao , pinnamaneni v date suggested : may 22 , 2000 feedback due date : jun 16 , 2000 employee name : shanbhogue , vasant

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Subject: i know your company ! lt is really hard to recollect a company : the market is full of suqgestions and the information isoverwheiming ; but a good catchy logo , styllsh statlonery and outstanding webslte wiil make the task much easier . we do not promise that havinq ordered a logo your company wiii automaticaliy become a worid leader : it isguite ciear that without qood products , effective business organization and practicable aim it will be hotat nowadays market ; but we do promise that your marketing efforts will become much more effective . here is the list of clear benefits : creativeness : hand - made , original logos , specially done to reflect your distinctive company image . convenience : logo and stationery are provided in all formats ; easy - to - use content management system letsyou change your website content and even its structure . promptness : you will see logo drafts within three business days . affordability : your marketing break - through shouldn ' t make gaps in your budget . 100 % satisfaction guaranteed : we provide unlimited amount of changes with no extra fees for you to be surethat you will love the result of this collaboration . have a look at our portfolio _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ not interested . . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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Subject: eol dan , i am forwarding you the summary of the information for eol that we can provide . i shall talk to risk magazine to settle the copyright issues . vince - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 05 / 25 / 2000 05 : 17 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - from : mike a roberts 05 / 25 / 2000 02 : 56 pm to : vince j kaminski / hou / ect @ ect cc : subject : eol vince - as a follow - up to this afternoon ' s telephone conversation , the following four categories of information were discussed with dan diamond for inclusion in the research group ' s contribution to eol content : 1 . published articles authored by research group members a . mostly risk magazine stuff b . copyright issues 2 . research intelligence articles a . backlog of around 50 articles b . needs screening prior to release c . review system in place for future articles d . weekly 3 . technical analysis a . cross commodity analyses b . intranet material ready for internet c . generic informative content available 4 . streaming video of weather a . daily 2 - 3 minutes capsule b . toned - down verson of whats given to traders c . energy - focused - - mike

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Subject: re : congratulations thank you very much for the note . i am very happy that you have been promoted to managing director . it was long over due . sincerely , jean vince j kaminski @ ect 01 / 11 / 00 10 : 03 am to : jean mrha / enron communications @ enron communications cc : subject : congratulations jean , congratulations . well deserved . vince

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Subject: risk contact steve , i talked to sh ? n about your paper . please , feel free to contact her directly and discuss the publication options . vince sh ? n millie risk books 28 - 29 haymarket london swly 4 rx phone : 44 ( 0 ) 171 484 9740 fax : 44 ( 0 ) 171 484 9758 e - mail : shan @ risk . co . uk www . riskpublications . com

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Subject: year end 2000 performance feedback note : you will receive this message each time you are selected as a reviewer . you have been selected to participate in the year end 2000 performance management process by providing meaningful feedback on specific employee ( s ) . your feedback plays an important role in the process , and your participation is critical to the success of enron ' s performance management goals . to complete requests for feedback , access pep at http : / / pep . corp . enron . com and select perform review under performance review services . you may begin providing feedback immediately and are requested to have all feedback forms completed by friday , november 17 , 2000 . if you have any questions regarding pep or your responsibility in the process , please contact the pep help desk at : houston : 1 . 713 . 853 . 4777 , option 4 london : 44 . 207 . 783 . 4040 , option 4 email : perfmgmt @ enron . com thank you for your participation in this important process . the following is a cumulative list of employee feedback requests with a status of " open . " once you have submitted or declined an employee ' s request for feedback , their name will no longer appear on this list . review group : enron feedback due date : nov 17 , 2000 employee name supervisor name date selected - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - andrews , naveen c rudi c zipter oct 31 , 2000 baxter , ashley david davies nov 02 , 2000 campos , hector o peyton s gibner nov 06 , 2000 carson , richard l richard b buy oct 30 , 2000 crenshaw , shirley j wincenty j kaminski oct 26 , 2000 gorny , vladimir theodore r murphy ii nov 02 , 2000 kindall , kevin vasant shanbhogue oct 30 , 2000 lamas vieira pinto , rodrigo david port oct 31 , 2000 raymond , maureen j wincenty j kaminski nov 02 , 2000 supatgiat , chonawee peyton s gibner oct 27 , 2000 tamarchenko , tanya v vasant shanbhogue oct 26 , 2000 villarreal , norma e sheila h walton oct 26 , 2000 walton , sheila h david oxley oct 27 , 2000 yaman , sevil vasant shanbhogue oct 27 , 2000 yuan , ding richard l carson oct 31 , 2000

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Subject: visiting enron may 4 th vince ( and shirley and melinda ) , thanks so much for including me in this meeting with stanford engineering - - - unfortunately , i ' m committed to participate in the enron law conference in san antonio that entire day . thanks ! - - christie . - - - - - - - - - - - - - - - - - - - - - - forwarded by christie patrick / hou / ect on 04 / 09 / 2001 03 : 16 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - shirley crenshaw 04 / 09 / 2001 01 : 21 pm to : christie patrick / hou / ect @ ect cc : melinda mccarty / corp / enron @ enron subject : visiting enron may 4 th christie / melinda : can christie meet with susan and vince on friday , may 4 th from 1 : 30 - 3 : 00 ? please let me know . thanks ! shirley - - - - - - - - - - - - - - - - - - - - - - forwarded by shirley crenshaw / hou / ect on 04 / 09 / 2001 01 : 15 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - vince j kaminski 04 / 09 / 2001 01 : 18 pm to : shirley crenshaw / hou / ect @ ect cc : subject : visiting enron may 4 th shirley , fyi vince - - - - - - - - - - - - - - - - - - - - - - forwarded by vince j kaminski / hou / ect on 04 / 09 / 2001 01 : 19 pm - - - - - - - - - - - - - - - - - - - - - - - - - - - " susan c . hansen " on 04 / 06 / 2001 06 : 14 : 10 pm to : vince . j . kaminski @ enron . com cc : clovell @ stanford . edu , donna lawrence , hillh @ stanford . edu , bambos @ stanford . edu subject : visiting enron may 4 th dear vince , this is great news ! donna and i are delighted that you have time to see us on may 4 th . i ' ll be out of the office next week . by copy of this email to my assistant , carol lovell , i will ask her to get in touch with shirley for scheduling as well as directions on where to meet you . we ' ll be glad to meet with christie patrick as well . looking forward to meeting you , susan at 05 : 36 pm 4 / 6 / 01 - 0500 , you wrote : > susan , > > thank you for your message . i shall be glad to meet with you on may the > 4 th . > i shall ask my assistant , shirley crenshaw ( 713 ) 853 5290 , to call you to > set up the meeting . > > also , for your information , we have recently set up a special unit to > coordinate enron ' s > relationships with the universities . the person running this unit is > christie patrick . > please , feel free to contact her and give my name as a reference . i shall > coordinate the meeting > on may the 4 th with her . > > vince > > > additional information re christie : > > phone : ( 713 ) 853 - 6117 > > email : christie _ patrick @ enron . com > > > > > > " susan c . hansen " on 04 / 03 / 2001 04 : 33 : 54 pm > > to : vkamins @ enron . com > cc : > subject : visit from stanford ? > > > dear dr . kaminski , > > let me briefly introduce myself , i am the director of corporate relations > for the school of engineering at stanford university . in this role , i am > always on the watch for ways to bring our faculty together with companies > that have an appetite for engagement with top tier research institutions . > > i believe you know hill huntington , who is a senior researcher with > stanford ' s energy modeling forum . he suggested i get in touch with you for > some ideas about contacts at enron . i ' m in the process of planning a trip > to texas in early may along with my colleague donna lawrence , the > university ' s director of corporate relations . we were hoping to be able to > include a stop at enron on our itinerary . right now it appears that friday , > may 4 th would work best for us but we ' re at the very beginning of our trip > planning . > > the purpose of our visit would be to review the current relationship > between enron and stanford , to give you an overview of current priorities > in the school of engineering , and ask for your help in identifying the best > points of contact . > > i look forward to hearing from you about your availability , > > sincerely , > susan hansen > > > > > susan c . hansen > director , corporate relations > school of engineering > stanford university > stanford , ca 94305 - 4027 > ( 650 ) 725 - 4219 susan c . hansen director , corporate relations school of engineering stanford university stanford , ca 94305 - 4027 ( 650 ) 725 - 4219

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Subject: interview dear dr . kaminski i would like to thank for the interview opportunity at enron . it was very nice and pleasant to talk with very talented people . i wish this interview develop to the further stage of the opportunity . as matter of fact , i have started the current job at kansas city with an internship expiring november 3 rd . i got an permanent job offer from them and i think i should decide whether to accept the offer or not very soon . but after i visited enron , i feel that i want to pursue my career development at enron for many reasons . so if the decision process is made soon , i will appreciate it greatly . ( i apologize for the hurry . i already sent a message regarding my situation to molly a minute ago . ) thank you very much . sincerely , jaesoo

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Subject: watch this penny stox trade big news expected . this should invoke large gains . this stox will explode . do not wait until it is too late . new news expected this comming week . expected 7 day price $ 9 . 00 ( sym . bol : cwtd . ob ) price : $ 2 . 17 short term target : $ 10 - $ 13 12 month target : $ 24 press release china world trade corporation announced strategic partnership with the foundation for globalization cooperation tuesday june 7 , 8 : 20 am et tianhe , guangzhou , china , june 7 / xinhua - prnewswire / - - china world trade corporation ( otc bulletin board : cwtd . ob - news ) , announced today that the ceo clubs china limited ( " ceo clubs " ) , a subsidiary of cwtc , signed a strategic alliance agreement with the foundation for globalization cooperation ( ' ' fgc ' ' ) . under the agreement , ceo clubs will represent fgc for merchandising and selecting sponsors under certain conditions for the world culture diversification forum and the third global cooperation forum , which will be held in november 2005 , in hangzhou , china . china world trade corporation co - hosts the 2005 guangdong , hong kong , macau wtcs golf tournament a $ 1 , 000 dollar investment could yield a $ 5 , 000 dollar profit in just one trade if you trade out at the top . cwtd . ob should be one of the most profitable stocks to trade this year . in this range the stock has potential to move in either direction in bigs wings . this means you should be able to buy at the lows and sell at the highs for months to come you could make $ $ $ thousands of dollars $ $ $ trading . chms over and over again . cwtd . ob is also on the reg sho threshold list , this means someone is short the stock . any significant volume spike in cwtd . ob could yield drastic results . if the people that are short have to cover , they will be buying the shares from you at higher prices . this makes this stock a triple play for profits ! ! ! for pennies you can participate in a stock that could yield results over and over again just based on the trading patterns . if the company is able to effectuate it . s business model , watch out ! ! ! we could see a great story in the making . good luck and trade out at the top ! ! ! ! disclaimer : information within this email contains " forwardlooking statements " within the meaning of section 27 aof the securities act of 1933 and section 21 b of thesecurities exchange act of 1934 . any statements that express or involve discussions with respect to predictions , expectations , beliefs , plans , projections , objectives , goals , assumptions or future events or performance are not statements of historical fact and may be " forward looking statements . " forwardlooking statements are based on expectations , estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated . forward looking statements in this action may be identified through the use of words such as " projects " , " foresee " , " expects " , " will , " " anticipates , " " estimates , " " believes , " understands " or that by statements indicating certain actions " may , " " could , " or " might " occur . risk factors include general economic and business conditions , the ability to acquire and develop specific projects , the ability to fund operations and changes in consumer and business consumption habits and other factors overwhich the company has little or no control . the publisher of this newsletter does not represent that the information contained in this message states all material facts or does not omit a material fact necessary to make the statements therein not misleading . all information provided within this email pertaining to investing , stocks , securities must be understood as information provided and not investment advice . the publisher of this newsletter advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in stocks featured within this email . none of the material within this report shall be construed as any kind of investment advice or solicitation . many of these companies are on the verge of bankruptcy . you can lose all your money by investing in this stock . we urge you to read the company ' s sec filings now , before you invest . the publisher of this newsletter is not a registered invstment advisor . subscribers should not view information herein as legal , tax , accounting or investment advice . in compliance with the securitiesact of 1933 , section 17 ( b ) , the publisher of this newsletter is contracted to receive six hundred thousand free trading shares from a third party , not an officer , director or affiliate shareholder for the circulation of this report . be aware of an inherent conflict of interest resulting from such compensation due to the fact that this is a paid advertisement and is not without bias . the party that paid us has a position in the stock they will sell at anytime without notice . this could have a negative impact on the price of the stock , causing you to lose money . all factual information in this report was gathered from public sources , including but not limited to sec filings , company websites and company press releases . the publisher of this newsletter believes this informationto be eliable but can make no guarantee as to its accuracy or completeness . use of the material within this email constitutes your acceptance of these terms .

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Subject: dinner with vince kaminski good morning mr . saksena : reservations have been made for 6 : 00 pm , the evening of thursday , march 9 at latour d ' argent restaurant . the restaurant is located at 2011 ella blvd at t . c . jester blvd . men are required to wear a coat . directions to restaurant : coming from downtown houston : take i - 45 north to 610 west . take 610 west to ella blvd exit . go south ( back under the freeway ) on ella blvd to 2011 ella at t . c . jester . vince will meet you at the restaurant . if you have any questions , please call me . thanks . shirley crenshaw 713 - 853 - 5290

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Subject: urgent contact from the desk of : dr tom eke . e - mail : dr _ tomeke @ spinfinder . com lagos - nigeria . attn : request for urgent business relationship . it is with my profound dignity that i write you this very important and highly confidential letter . first , i must solicit your strictest confidentiality in this transaction . this is by virtue of its nature as being utterly confidential and " top secret " . though i know that a transaction of this magnitude will make any one apprehensive and worried , considering the fact that we have not met each other before , but i am assuring you that all will be well at the end of the day . we have decided to contact you by email due to the urgency of this transaction , as we have been reliably informed that it will take at least a minimum of two to three weeks for a normal post to reach you , so we decided it is best using the e - mail , which is quicker and also to enable us meet up with the second quater payment for the year 2000 . however , let me start by introducing myself properly to you . i am dr . tom eke , a director general in the department of petroleum resources ( d . p . r ) and i presently head the contract award panel incharge of contract awards and payment approvals . i came to know of you in my search for a reliable and reputable person to handle a very confidential business transaction which involves the transfer of a huge sum of money to a foreign account requiring maximum confidence . i and my colleagues are top officials of the federal government contract award panel . our duties include evaluation , vetting , approval for payment of contract jobs done for the d . p . r e . t . c . in order to commence this business we solicit for your assistance to enable us transfer into your account the said funds . the source of this funds is as follows : in the second quarter of 2001 this committee was mandated to review and award contracts to the tune of us $ 400 million us dollars to a group of five firms for the supply construction and installation of oil pipe lines in warri and port harcourt . during this process my colleagues and i decided and agreed among ourselves to deliberately over - inflate the total contract sum from us $ 400 million to us $ 431 million united states dollars with the main intention of sharing the remaining sum of us $ 31 miilion amongst ourselves . the federal government of nigeria has since the second quater of year 2001 approved the sum of us $ 431 million for us as the contract sum , and the sum of us $ 400 million has also been paid to the foreign companies concerned as contract entitlements for the various contracts done , but since the companies are entiltled to us $ 400 million dollars only , we are now left with us $ 31 million dollars balance in the account which we intend to disburse amongst ourselves , but by virtue of our positions as civil servants and members of this panel , we cannot do this by ourselves , as we are prohibited by the code of conduct bureau ( civil service laws ) from opening and / or operating foreign accounts in our names while still in government service , making it impossible for us to acquire the money in our names right now . i have therefore , been delegated as a matter of trust and urgency by my colleagues in the panel to look for an overseas partner into whose account we would transfer the sum of us $ 31 million . hence we are writing you this letter . my colleagues and i have agreed that if you or your company can act as the beneficiary of this funds on our behalf , you or your company will retain 20 % of the total amount ( us $ 31 million ) , while 70 % will be for us ( officials ) and the remaining 10 % will be used in offsetting all debts / expenses and taxes incurred both local and foreign in the cause of this transfer . needless to say , the trust reposed on you at this juncture is enormous . in return we demand your complete honesty and trust . you must however note that this transaction will be strictly based on the following terms and conditions as we have stated below ; a ) our conviction of your transparent honesty and diligence b ) that you would treat this transaction with utmost secrecy and confidentiality c ) that you will not ask for more share or try to sit on the funds once it is under your custody , or any form of blackmail . d ) that upon receipt of the funds you will release the funds as instructed by us after you have removed your share of 20 % from the total amount . please , note that this transaction is 100 % legal and risk free and we hope to conclude this transaction seven to fourteen bank working days from the date of receipt of the necessary requirements from you . we are looking forward to doing business with you and solicit your total confidentiality in this transaction . there is no cause for alarm . i give you my word that you are completely safe in doing business with us . transactions like this have been successfully carried out in the past by most government executives . here in my country there is great economic and political disarray and thus looting and corruption is rampant and the order of the day , thus explaining why you might have heard stories of how money is been taken out of nigeria , this is because everyone is making desperate attempts to secure his or her future , so that when we retire from active service we donot languish in poverty . i will explain more to you when i have heard from you . please acknowledge the receipt of this letter using the above e - mail address . i will bring you into the complete picture of this pending business transaction when i have heard from you and also receive your confidential telephone and fax numbers to enable me fax to you all necessary information you need to know about our pending business transaction . i will also send to you my private telephone and fax numbers where you can always reach me . your urgent response will be highly appreciated to enable us transfer the funds under the second quarter of the year 2002 . thank you and god bless . yours faithfully , dr . tom eke . n . b . please be informed that this business transaction is 100 % legal and completely free from drug money or money laundering . this is a complete legitimate business transaction . - -

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Subject: re : grades thank you ! - pvc at 09 : 19 am 5 / 3 / 01 - 0500 , you wrote : > pam , > > another group : > > stuart hamel > jed howard > brian nelson > > > > b + > > > > vince > > > > > > pamela vande krol castro on 05 / 03 / 2001 08 : 58 : 24 am > > to : vince . j . kaminski @ enron . com > cc : > subject : re : grades > > > got them - thank you ! - pvc > > at 05 : 21 pm 5 / 2 / 01 - 0500 , you wrote : > > pam , > > > > another team : > > > > elena chilkina > > robert j . guadette > > joseph helms > > kenneth jett > > todd litton > > mark westmoreland > > > > > > grade : a - > > > > > > vince kaminski

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