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Chris, I'm sure there are some I missed. I beleive some of these books have not been used for quite some time. Let me know what else you need from me. Thanks.
Book List
How are you feeling? I'm very tired and stiff. I've been thinking, and I know you feel like I make all of the decisions around our house when it comes to $. So I want us to do what you want on the pool and a car when it comes to financing. I will completely agree with whatever you think we should do. And I'm not doing this for any other reason except that I want you to know that I value your judgement and ideas. Have a great day. As always, I love you very much. D
Hey
I will be able to interview at either time. I selected the late time on the email, but wanted to respond to make sure you received it. DG
Analyst Interviews Needed - 2/15/01
Troy, I'm out of the office this morning. I'll get back to you later about the variance. But just so you know, Kevin's reported P&L was understated by the $188K on the OA Flash tab. He made an error in the sharing calculation. DG
Jan-01 P&L
Jay, I changed the FTS monthly amount from $1,065 to $715 as previously discussed. It is effective Feb 20th. I need to change the amount transferred to account 586-61L86 from $150 to $175 and to account 586-61M19 from $175 to $200. I also submitted a transfer of $1,000 into my CMA account. I would like to transfer $500 each into account 586-94017 and account 586-94019. This is my 2001 contribution to the Education IRA's. Let me know if I need to do anything else. Also, when are the recharacterizations from Roth to Traditional going to take place? I will need a 1099-R for the transactions I think. Call me if you have any questions. Thanks. DG
Changes
I wanted to see if the address worked. We had a good time in NO. We definitely want to go back. It was really crowded, but fun. The weather was good and the food was great. How is DC? Have you seen any of the sights yet? I wanted to ask if you can help with C&C on the 16th and 17th of May when we are in Chicago. I know your schedule just got alot more hectic, so let me know. They can stay in Conroe on Fri and Sat. We leave Wed night and return Sun morning. It would mean be staying at our house on those nights and getting them to school. If you can't, we will try to get one of the neighbors. Thanks. See you when you get back. DG
DC
Greg, I got confirmation from the Head Coach at JV that AR is not going to UT. He scored a 760 on his SAT and apparently overslept a retake exam. So I don't know if they actually pulled the offer, but it sure sounds like it. Either way, the coach told my wife he will not be a Horn. The coach is really dissapointed in AR. DG
Robinson
Frank, I know this is late. I appologize. I need some help with the development plan. The review is complete. Let me know if I need to change some items. Thanks.
Needs Improvement
Bill, I need to have FT-DENVER set up in TDS. The trader is Jay Reitmeyer. There are two Tagg books that need to be mapped to this: FT-DENVER and INTRA-DENVER. The following people in Risk need access to the book: Darron Giron, Chris Walker, Pat Ryder, Jason Wolfe, Carole Frank, Anne Bike, and Jennifer Bagwell. I also want it to roll up into ALL-WEST. Call me if you have any questions. Thanks for your help. DG 3-9573
Denver in TDS
Andrea, We would like to bring Sladana Anna Kulic into the Risk Management group. The location may change. Sladana Anna Kulic EB3265B Energy Operations ENA 083E 103845 David Baumbach Thanks.
Analyst
Molly, The Job ID is 106820. I would like to get her in for an interview early next week. Let me know if there is anything else I need to do. Thanks for your help. DG 3-9573
Kristen Clause
Andrea, Is it possible to get a list of first year analysts who graduated in December to interview for my group? I don't know how the process works, but I would like to hire a candidate just out of college if possible. Thanks for your help. DG 3-9573
First Year
Happy Holidays! It looks like we will be going skiing in Colorado from March 11-16. I wanted to see if you were going to be in town during that time and see if we could come by and see you. It would most likely be on the 10th and then the 16th. We are staying at a place from that Sunday night thru Thursday night. Let me know. I hope Santa was good to you all. DG
March
I just wanted to pass along my thanks for the efforts of your team. The automatic bridge to Sitara and Tagg will save us an extraordinary amount of time; especially during bidweek. I know there are others who deserve thanks
EOL Bridge
I want to run something by you. It sounds like we have some sort of budget for Friday night. I would like to offer everyone the opportunity to bring someone with them but also explain that we may not be able to pay for it all. I guess the reason is I would like to have Kristi come with me, but am willing to pay for her. I would like to do the same for everyone else, but don't want to offend anyone with the possibility that they may have to pay a little $$. Let me know what you think. Thanks. DG 3-9573
Dinner
We really need to pick up again next week. Potential topics: Physical/WeaponX OA How Systems Interact (Sitara,CPR,PortCalc,Tagg,Unify,Excel,Etc..) Curves (Setting,Mapping,Pipe/Zone,True Up). I'm sure there are others. DG 3-9573 Enron North America Corp.
Class
Jeremy, I set up these new curves this morning and need them added to Tagg NGI-MOJAVE GDP-MOJAVE GDP-PGE/TOPOCK Call me if you have any questions. Thanks as always for your help. DG 3-9573
New West Curves
I saw that about Mackovic - He's a good fit in the Pac10. Who do you take in the Orange Bowl? FSU is -11. That sure seems like alot of points.
Email
First of all, congrats on the big win this weekend. They keep proving me wrong. Second, sorry this is late. Friday was 1st day, our longest of the month. DRAFT This is a summary of where we stand from a Risk Management perspective on the PGT/Socal permanent assignment to Calpine Currently there are 5 deals in Tagg and 1 in the transport model. EC3952.O - Annuity where the West desk pays PGT (from $.08987 to $.17308) on 67,500/Day thru Oct-23 This deal will be unwound and this income (approx $30M) will fall out in the West desk EC3952.F - Buy from Canada of 30,000/Day thru Oct-08 at Malin for Index + $.00 EC3952.K - Sell to AEC of 30,000/Day thru Oct-08 at Malin for Index + $.00 As of now, these deals will remain unchanged in the system because AEC will not let us out of the firm contract EC2208.B - Buy from Canada of 22,500/Day thru Oct-08 at Malin for Index - $.005 EC3952.B - Buy from Canada of 15,000/Day thru Oct-01 at Malin for Index - $.01 These deals will be unwound, but discussions between Philip Allen and ??? will reveal details not known at this point in time (Bid/Offer) Transport Model - Kingsgate to Malin capacity of 67,500/Day beginning Nov-08 thru Oct-23 This deal will have to be unwound or killed - Currently the deal is valued at approx $12M in the West Desk After unwinding these deals, the West desk will be kept whole, the remainder will be granted out in orig. This is my first go at it. Let me know of any revisions you want. DG 3-9573
Late PGT/Socal Memo
Shelly, I am looking for an Analyst to fill a position in Gas Risk Management. I am the West Desk Controller and report to Jeff Gossett. I think a Book Administrator role is a good position for an Analyst. We have had success in with Analysts in our group. I think it presents a good opportunity for them as well. Please let me know how I can get on a list to talk with potential candidates. I am ignorant of the process, so if I am presuming something incorrect, I would appreciate info on how this is supposed to work. Thanks for your help. DG 3-9573
Analyst Recruiting
We have a 7:30 shotgun start tomorrow morning. We will have to pay and get out to our hole, so give yourself some time if you want to hit a few before we tee off. We still need one more person. Everyone else already had plans. If you know of anyone who would like to play, invite them and let me know his name. Unfortunaltey Jeff, you are the only guy who is any good. West on Hwy 290 Pass the Beltway - Remember I said it's BFE Exit Spring Cypress/Cypress Rosehill (About 12 miles past the Beltway) Go thru 2 stop signs (First one is Spring Cypress-Second one is Cypress Rosehill) After 2nd stop sign, make first right (there is not a stop sign at the intersection) - I believe the street is Cypress Chase The road will dead end into a T Make a left and the course is on the right - You can't miss it I'll have my cell phone on if you get lost - 832-563-6328. Call me if you have any questions. Thanks. DG 3-9573
Golf
Uncle Clark, It just dawned on my that I never really thanked you for our visit. All four of us had a great time. It was so good to see all of you and especially great to see the kids get together and have so much fun. I really regret that as I was growing up, we really did not see that much of each other( and by we, I mean the Kansas group and the Girons). But even given that, I feel as if you all have been part of my life and every time we get together it's like we have always spent alot of time together. I guess that's why they call it family. So once again, thanks for your hospitality and we look
Visit
Kathy, I tried calling but could not get you or your voicemail. Tomorrow is the first day of bidweek and I also have some other meetings to attend. I think we need to skip this week and pick up next Tuesday. Sorry for the inconvenience. DG
Tuesday
A W4 calculates how much federal tax is withheld from your paycheck each pay period. There are two basic drivers: number of dependents and filing status. The higher the number of dependents, the less is withheld. Married and jointly will also have less withheld than married and seperately. There is really no right or wrong answer, only opinion. If you want more withheld each pay period so that there is less of a chance of actually owing $ on April 15th, then claim fewer dependents and married and seperately. If you don't want the government to get your $ interest free, but are aware that you may owe $ later on (April 15th), then claim a higher number of dependents and married and jointly. I hope that made sense. DG
W4
A W4 calculates how much federal tax to withhold from your paycheck each pay period. There are two basic drivers: number of dependents and filing status. The higher the number of dependents, the less is withheld. Married and jointly will also have less withheld than married and seperately. There is really no good or bad answer, only opinion. If you want more withheld each pay period so that there is less of a chance of actually owing $ on April 15th, then claim more dependents and married and jointly. If you don't want the government to get your $ interest free, but are aware that you may owe $ later on (April 15th), then claim fewer dependents and married and seperately. I hope that made sense. DG
Tax Question
Eric, I am afraid I have not made that much progress on my assignment. I talked to ML Ruffer about the $1.2M basis swap. She does not specifically know about the deal, but does know she gave between $1M and $2M to the West desk out of a reserve behind the scenes. I don't know for sure, but this has to be how the $ got in the West P&L. It is booked on 11/12/99 which is between EC3952.P (the annuity getting the unamortized $27M into the West desk) and EC3952.S (the annuity getting the $5M from Corp into the West desk). I hadn't paid attention until just now, but Suzette Emmons booked the deal. She ran the transport book at that time. The physical buys from Canada (EC2208.11, EC3952.15, and EC3952.11) are booked correctly in Sitara. EC3952.11 was changed by Kathy Reeves from ending in '08 to ending in '01 on 4/4/00. However, the end date remains '08 in Sitara. I don't know why the term was changed. I have meetings almost all day. I will still try and investigate, but I know you were looking for some answers today. You may want to try and get in touch with Suzette and see if she remembers the basis swaps. DG 3-9573
Status
Frank, Attached is my PBA nomination for Anne Bike. Let me know if I left anything out, or need to do anything else. Thanks, DG
PBA
Connie, I appologize for the tardiness of this list. I was out of the office last Thursday and Friday. Please call if you have any questions. DG 3-9573
Book Admin - West Desk
Well, I win the award for ass of the week and probably the year. I really can't begin to apologize enough for Tuesday. I won't offer an excuse. Guys on the Central desk asked me a question as soon as I hung up with you, and before I knew it, it was around 2:30pm. But the worst part is, I didn't realize what I had done until later the next day. It was disrespectful and I sincerely apologize. I do have a conflict tomorrow. And I will understand if you want to stop the sessions. Thanks. DG
Tuesday
I can't believe it is already time for our trip up to Kansas. We are arriving on Thursday morning and returning on Sunday morning. Other than the game on Saturday, we don't have any plans. See you soon. DG
Trip
We are flying in on Thursday. We plan on renting a car and driving to your place. I'll update you on specific times early next week. Because me and the kids are using reward miles for our tickets, right now Kristi is not on the same flight that the three of us are on. We are all looking forward to seeing you. DG
Kansas
Let's make sure we are doing this every night. I think Jason has been running the official post id macro most nights, but we need to have the last person finished do it every day. I sure can crank out the emails when I get some uninterrupted time to myself! DG
V@R
This deal was EOL ID 520766 on the 25th. Neither the Sitara or EOL number is in Tagg. Please update the deal with the EOL and Sitara number. It is very important that you always put this information in Tagg. In addition, make sure you are updating Sitara with the Tagg numbers as well. Thanks. DG
Q59761
I thought you might like this. Do you have a ticket to Chicago yet? I don't think Jenny will have any luck getting hired in Risk. We pretty much rule anyone out without prior experience unless they are internal candidates. However, I have forwarded her resume to Settlements and Volume Management. I think she should get a call from them. How's life in Dallas? Also, what is your new cell number. The Houston Cellular number no longer works. DG
[Fwd: Counting Sheep]
What do you think about us starting to workout together regularly? Either at night or in the mornings, but regularly and for the long term. Maybe four times a week. Running and some weights in the garage. I would really like to start, even as hard as it will be, to make time for something like this. I love you.
Hey
I think Sitara deal 286147 is not pulling the correct price in Unify. The reference price is NWPL.RKYMTNS.GDP.DA and the particular month in question is 06/00. When I look in the Tables database under June, there is no price. And what was pulled for the invoice back in June I don't think is correct. Please let me know what you find out. Thanks. DG 3-9573
286147
Jeremy, I have added two curves in Publ Names: WY/WELLHEAD and WY/MKTZONE. They are in curveview. Please add them to Tagg. Call me if you have any questions. Thanks.
New Curves
Jeremy, Currently, all of our index deals are in the FT-WEST book. I would like to move them all to the GD-NEW book. I don't want to change any price or basis portions of a deal currently in the FT-WEST book, only index. Please let me know if you can do this. If you have any further questions, please call. Thanks.
Index Book Move
Jeff, I think Risk can do two things to improve the process: have more of us involved in the process so they actually see the implications of booking deals incorrectly and actively following up on recurring problems. This last one I am particularly bad about. I will see a variance that is rather small and just take it without looking into the underlying cause more carefully. I think the OA group in general should take a more active approach in preventing problems rather than just identifying them. But I know that is easier said than done. DG
OA
The macro in this file will query all official books for given Portfolio and Book codes. Use it to make sure all your postid's that need to be, are officialized each night. Thanks. DG
Post ID file
Mike, How goes it? I was thinking about you guys this weekend. We were in town for the game (if you want to call it a game). We ended up staying at a friends place. I think that is the first time in quite a while we haven't seen you on this particular weekend. We are still plugging along. How about you? I thought I heard you were buying a new house. Is that right? Well, I just hadn't talked to you in a while and I saw you email address on a message from Sean. We are going up to KU for the Texas game again. I can't believe it has been 4 years since we were up there. Take care. DG
Hey
I'm with you. I told my wife I thought it would be a 3 touchdown game, but a 49 point margin is unacceptable. I was at the game and it was as if the Texas coaches got a bunch of guys from the frat houses this week and put together a game plan on Saturday morning before kickoff. They were out of position, slow, unmotivated, and flat out not prepared to play. I like Brown and actually think he is a good fit, but at some point you actually have to coach. I lay this all at his feet. Obviously the coordinators bear some major responsibility as well. I really don't know what to expect for the remainder of the season. They obviously are not as bad as they showed on Saturday. But the fact remains that they are capable of playing that poorly on any Saturday, and I really did not think that with this defense they could be humiliated. I was very wrong. Something has to change. The fact is they are 3-5 in the last 8 games. And were favored in all but one. Lack of talent is no longer an excuse. I think the entire remainder of the season hinges on this Saturday. If they play as poorly as they have all season (they have beaten 3 terrible teams, and lost to a bad one) against Colorado, they will lose and I could see them finishing at 6-5 and even 5-6 not out of the question. For this reason, I think that this could be the biggest game of Brown's tenure at UT. What do you think?
Ugly
It looks like we need to be consistent in booking the GD spread deals. Take a look at the example and please remember to book all future deals in a similar manner. If you have any questions, please let me know. Thanks. DG
Gas Daily "four leg" Booking
Jeremy, I want to move all deals currently in the INTRA-EMWMEH book into the FT-IM-ENOV book. Attached is a forwards detail by risk of the deals in question. Let me know if you have any further questions. I need this done this week if possible. Thanks. DG 3-9573
Change Books
OK, so I really screwed up. I was getting the tickets out last night so I wouldn't forget them this morning and remembered that I am going to the airport, not the office. So I'll call you when I get in later this afternoon. I thought about FedEx, but don't want to take the chance that they get lost in the Enron building. I hope you travel via 290 to Austin because I think the easiest solution is for me to leave them at my house and you could pick them up on you way out. I also have a couple of EndZone passes with the tickets. Sorry for the screw-up. I'll talk to you this afternoon. DG
Tickets
Regina, I need two Sitara books set up in a new region. The region can be called Enovate with the books IM Enovate and FT Enovate. They are part of the other Chicago books: Midwest, Midwest Program 1, and Midwest Program 2. I have attached the book request I sent Susan Trevino. Let me know if there is anything else I need to do. I want to make sure that the books are not only in Sitara, but also in CPR for valuation purposes. Thanks so much for your help. DG 3-9573
New Books
Susan, Attached is the completed book request form. I just want to clarify a few things. The first three books are for Tagg. The last two are for Sitara. I will need a region set up in CPR to hold the physical deals. Do you do this? Or can you point me in the right direction. I really need this completed by the end of the week. Let me know if there is something else I need to do. Thanks for your help. DG 3-9573
New Books
Jay, There is still some cash in the custodial accounts. I wanted you to buy more of the existing mutual funds. Also, I am going to write a check out of my CMA account for more than the current cash balance. Do I need to sell some mutual fund shares? Or is it automatic? Let me know. Nice game in Palo Alto. Once again the Horns can't live up to the hype. DG
Accounts
Gary, I need some Tagg books set up for the Chicago office. I submitted a request this morning to create a new counterparty: Enovate, LLC which will be an Enron entity. Under Enovate LLC I need two books: FT-ENOVATE and INTRA-ENOVATE (P,B,I & GD). I also need a book which will fall under the current Enron MW, LLC counterparty: FT-INT-ENOVATE (P,B,I & GD). And as usual I need these as soon as possible. I will be out of the office on Friday but will return on Monday. I really need to get deals moved to these books by the end of next week. Please let me know if there is anything I need to do to help. Thanks as always. DG 3-9573
New Books
Mark, I think I need some help reconciling what Steve Richman has and we have booked for the HUB deals. He sent me a spreadsheet with deals but I cannot even come close to tying them out to what we have booked in Tagg. Richard suggested I contact you since Steve is out. Attached is a list of deals we currently have booked in Tagg for the HUB deals. They need to be verified before I can calc them for value and positions. I will be out tomorrow, returning on Monday. Thanks for your help. Please call me with any questions.
HUB Deals
Please look over this and get back with me on any changes you would like to make. I am going to set up a new counterparty in our system: Enovate LLC. Under this new counterparty will be 3 books in Tagg: FT-ENOVATE, INTRA-ENOVATE, AND FT-INT-ENOVATE. The INTRA-ENOVATE book will hold deals such as the Trunkline deal and will retain Rho & Drift. The FT-ENOVATE book will be a flat book only used for the confirmation process (deals must be in an FT book to be confirmed). The FT-INT-ENOVATE book will pass Rho & Drift to the interest rate group. This book will be used for EMW related deals not specific to Enovate. The current entity Enron MW LLC will continue to be used and will have the following books in Tagg: FT & Intra NSS1, FT & Intra NSS2, and FT & Intra TP. FT and Intra MEH books will no longer be used. The P&L will sum the 3 Enovate books to arrive at one number. The other columns on the P&L(NSS1, NSS2, and TP) will be unaffected. I had planned on just adding the Enovate books, but think we really need to set up a new entity as well. I have run this by accounting and have their approval. Let me know what you think and we will start the process. We will have this completed by the end of this month. Thanks.
Enovate
Steve, Attached is a list of the Hub Deals we have currently in the system. I tried to reconcile them to the sheet you sent me but could not. Please take a look at these and give me a call. Thanks.
HUB Deals
I am in the process of getting these deals valued. I know what we have booked in Tagg as of now, but need to reconcile it to what People's has booked. I got something from Steve last time I was up, but it does not have deal terms. Could you ask Steve for a list that has the terms of each deal? I don't even know his last name. Thanks. DG
Hub Deals
Susan, Do you have a ticket for the above referenced deal? I am trying to find Sitara numbers, but I don't have a ticket for the deal. Let me know. Thanks. DG 3-9573
NW7322
I totally forgot about the weekly meeting. Sorry. Like I said yesterday, I'm working on getting new books set up for Chicago. I just need to follow-up with Mary Lynn on Friday before I submit requests. I'm also working on OA issues for July. I will teach a class on Thursday and next Tuesday to settlements about OA (just basics like desk price, customer price, and liquidations). In addition, I need to ask you a few questions about the Trunkline deal. When I meet with Mary Lynn on Friday, I am going to explain the deal to her. That's about it. Once again, I apologize about missing the meeting today. DG 3-9573
Meeting
After looking over the deal, I need to ask Steve Jackson a couple of questions. So I probably will not be able to walk you through the deal today because I have some questions myself on a couple of the legs. I was hoping to get this done today. But for sure by the end of the week. I want to ask you some questions about how Richard wants the books to be changed. See you at 1:00. DG
Trunkline Deal
How did everything go this AM? I hope well. Today is you're first day of class, right? Have a good day. I love you. D
Good Morning
Lee, after I put in the deals, the system went down and I was not able to get them to calc. So they are not in these numbers. They will be tonight. See you guys later today. DG
P&L
I believe we are in agreement on the new deal amounts. I held back $1,087,409 from the MEH book. The MEH book lost $ mostly because there was $20K added to the P&L last Friday. I did not add that amount back in tonight. I don't know what it is. I'll talk to you in the morning. Let me know if there is something you want me to send you. Thanks. DG
P&L
I have a friend who is looking to change employers. He is in the IT field. I was looking on the intranet and found this posting. Although, he would be interested in any similar job. I will attach his resume. What is the best way to get his resume in front of the proper people? I would appreciate your opinion. I don't work in the IT field and really don't know anyone at Enron that does. Thanks in advance for your help. DG 3-9573
JOB ED#0000105078
Gary, We need to have two more books created as soon as possible. These need to be set up the same as the others(not as PA books) Kam requested (moving from and Intra book to an FT book). FT-INT-CNT-TRANS FT-INT-EMWMEH Call if you have any questions. Thanks DG 3-9573
New FT Books
Kim, How are you? I got your address from Sean and wanted to make sure it worked. I just sent a note to your dad asking if he was going to be in town for the weekend of November 11th. I plan on taking the whole group up for the KU-UT game. I hope you will be in town as well. Let me know. Take care. DG
November
Uncle Clark, How are things? I hope this note finds you well. I wanted to see if you were going to be in town for the weekend of November 11th. I plan on bringing the whole group up for the KU-UT game that weekend. I can't believe it has almost been 4 years since we last visited up there. We are doing well here in Houston. Everyone is getting ready for the school year. In fact, Kristi has already started back. The kids begin on the 9th. Enron still seems to monopolize my time. But it's a great place to work. Let me know about that weekend. I hope you will be in town as I am looking forward to seeing you all. DG
November
Last Friday I was trying to get into my account online but couldn't remember my password. After three unsuccesful attempts the system locked me out. I know my password now, but I am still locked out. Please help.
Access
Jay, I looked over the info you forwarded but have decided to just buy two mutual funds. Unless you have a better suggestion, buy APGCX and MCGTX. And I really mean it when I say if you have a better suggestion let me know. It looks like the transfers worked properly. But are the automatic purchases of mutual funds in place? I don't see the activity on the web page. Lastly, and I think this is just administrative stuff, Kristi's Roth IRA does not show up on the web or on the statements we receive in the mail. Thanks. DG
Accounts
It seems as if I have caused some confusion. Last night's email attachment was the P&L that did not include People's or Origination's share of the total. Currently attached is the P&L that was signed off on last night. If you have any questions, please call. DG 3-9573
EMW 07/17
Jay, I have the following transfers in place on a recurring basis beginning 7/20/00: $1,065/mo from my checking account into 226-27209 $175/mo from 226-27209 into 226-27210 $150/mo from 226-27209 into 226-27211 I would like to make monthly purchases (with the net amount transferred) of the existing mutual funds in each of the three accounts. Buy $740/mo of APGCX in 226-27209 Buy $175/mo of APGCX in 226-27210 Buy $150/mo of APGCX in 226-27211 Call if you have any questions. DG
Transfers
Drew, Here is Agave for June. I also made a change to May. I was calculating the differential off of the wrong location index. DG
Agave 06/00
I was wondering why you were waiting so long to respond. I'm glad he is staying. I think it says something about his commitment to the program he built. It also says a little about the Big XII. How are things in CO? I'm in Chicago now but am heading for LA later this afternoon for Carlos&Y's shower. Take care. DG "Sean Mayers" <smmayers@earthlink.net> on 07/06/2000 09:20:33 PM
Williams
Audrey, I'm in Chicago now but I need to ask you some questions about a few Sitara deals. They are 298277, 298283, and 298296. They are between EPMI and EMW. Are these deasl going to be settled by Unify? Do we currently see Unify invoices/verifications for EMW or EPMI? Thanks. DG
EMW
Stephanie, We are breaking up our Central Midcon region into two books beginning July 1. To facilitate this, Sitara has set up two new internal books: ENA-IM Mid Central South & ENA-IM Mid Central North. It would be helpful if we could have any physical June EOL deals continue to be booked to ENA-IM Central but all physical July-out deals booked to the new books. The two traders involved are Kelli Stevens and Ed Smith. Kelli Stevens ENA-IM Mid Central South Ed Smith ENA-IM Mid Central North Please let me know if there is anything else I need to do to expedite this request. Thanks for your help. DG 3-9573
New Sitara Books for EOL
Jay, I want to set up a monthly automatic transfer from my checking account but have had trouble getting a PIN number from the phone number that was mailed to me. I want to have $1,065 transferred into the CMA account; on the 15th of each month if possible. I would like $150 transferred into 226-27211 and then used to purchase the mutual fund already in the account, $175 transferred into 226-27210 and then used to purchase the mutual fund already in the account, and then have the remaining amount ($740) used to purchase the mutual fund in the CMA account (226-27209). Please help. Thanks.
Account
Imelda, Please change the subregion code for all ANR ML5 deals from Market to Midcon. Also, the curve mapping needs to be changed as well. Intramonth IF-ANR/OK Mid Market IF-ANR/OK Gas Daily GDP-ANR/OK If you have any questions, please call. Also, will you please send me the latest version of the Central curve mappings. Thanks. DG 3-9573
ANR ML5
We need to break out our Midcon region into two separate books starting with July production. We did this with the Market region a couple of months ago. If possible, I would like to use these two names: ENA-IM Mid Central South ENA-IM Mid Central North Please let me know what needs to be done in order to expedite this request. Thanks.
New Central Region Books
Instead of sending $ in and pulling $ out every month, I am going to stop sending $ into the CMA account starting this month. I actually have already done this on the web. What I need you to do is to stop the monthly purchase of APGCX for $340 begining this month. Also, any idea if I am going to receive a 1099 for the recharacterization of the IRAs? I noticed online that the Roths are now zero. Thanks. DG
Account
Hector, I don't believe I am set up to review as a supervisor in the PEP system. How do I get this changed in the system? Let me know. Thanks DG
PEP
Diane, The Chicago region is just me. If you need my salary, let me know. I travel to Chicago about once a month ($1,750/Trip). I am a CPA so I like to take about 30 hours of classes per year. I sincerely apologize about my tardiness. Thanks so much for your help. DG 3-9573
Budget
I did get your message and resume. I am waiting for a return call from a person in our IT group. I'll let you know what he says. DG
Resume
I won't blame you if you don't get that requested info to me. I migrated to Windows 2000 and it had an old address book. Sorry. DG
AA
Mr. Griffith, Hello my name is Garth Camp and I am a close friend of Jeb Ligums. I wanted to first thank you for the contact at Carr Futures, Mr. Heffner, I really appreciate it. At this point have have emailed Mr. Heffner a few times. I know that he must be busy, however, I would like to know if he received my emails, resume and cover letter. I know you have been kind enough for the connection, I was wondering if you could help me find out if Mr. Heffner did receive them. I wanted to thank you again for your time and your help. If
Mr. Heffner
I finished a spreadsheet for calculating historical correlations on forward curves. It gives the correlation matrix for contracts going out an arbritary number of months out. I think it might be a handy tool for some of you. You may get that on O:\RESEARCH\CUSTOM\CORRELMATRIX\ It demands that you have access to our EGSPROD32 database. You must have that configured in your ODBC. It is a large spreadsheet, so it may take some computing resorces. Let me know if you find any problem. Thanks.
Historical Correlation Calculator
John, I went through the code and realized that the change to show months with 0 value is a little big change and cannot be done in hours. The problem I see is that when portcalc values a post id, it does not create any data in database for the months where you do not have positions. What it means it can be done but it will take minimum 3-4 days to make the changes, test it and give it to you. Also it will slow down option grid a little more as I need to build rows with 0 values which are not in database. I just wanted to give you an update and I will talk to Karima & Francis to let them know how we are going to handle it. Let me know if you have any questions.
Option Grid Changes to show months with 0 value
John: I'm used to calling you Johnny so please let me know your preference. Anyway, I just wanted to follow up on our conversation about selling my 'bones.' I'm going to scan a picture of her as soon as I can and forward that to you as well. I forgot to mention that the guys I bought it from were Oddfellows, which is a fraternal organization kind of like the Masons except for lower class types (their words). If your'e not familiar with the Oddfellows, they made the news recently because they use skeleton's in their initiation rituals. Very odd indeed. They guys told me the bones are female....I don't know how to tell. Talk soon, Peter
Fire Sale--REAL HUMAN SKELETON!
John, I found the error. It was a small logic error. You can easily fix the problem if you go into the visual basic editor for the blotter file. In the editor, you will see several modules listed on the left of the screen under the file. You will need to edit the "Main_Query" module. Once in the "Main_Query" module, you will need to search for the routine named "VerifyManualInputs". The actual start of the routine looks like this: Function VerifyManualInputs(FromDate As String, ToDate As String, PutCall As String, Lots As String, Strike As String, Price As String, CParty As String, sType As String) As Boolean Within this routine, about 15-20 lines down, you should see the following two lines : If (isdate(FromDate) And isdate(ToDate)) Then If (ToDate < FromDate) Then You need to change the second line to : If (CDate(ToDate) < CDate(FromDate)) Then This should fix the problem. The intent of the line is to prevent the "To Date" of a deal from being earlier than the "From Date". In the original line of code, it does a TEXT based compare (like comparing is "ABC" < "DEF") instead of comparing the two values as DATES. The modification I've laid out converts the from and to dates to date values before comparing. I have tested the fix here and it should work fine. I hope everything runs smooth for you next week. Have a good Thanksgiving. Greg
Small logic error
Happy Thanksgiving !!!!! Hope your's was as good as mine. I didn't come to Houston, I'm saving my time for Christmas, so I spent time with Robyn, Jay & boys. We ate at Furr's and went to the movies (the boys & Robyn-Harry Potter, Jay & I-Training Day) we had a good time and to top it off I got to see Mike, Rhonda & kids. Everyone seems to be adjusting to the move. They said if I see you to tell you Hi. I'll be coming to Houston on Sat before Christmas, Please let me see you guys before I leave on Wednesday. Love You
(no subject)
After a careful review of the wholesale and retail gas trading and scheduling process it has been decided that the Gas Logistics teams should report directly into the Enron America's Commercial organization. This realignment will help to strengthen the commercial focus and communication between the trading desks and the schedulers and will play a critical role as Enron tries to maximize opportunities and maintain a competitive trading edge. The details are as follows: Wholesale Bob Superty will maintain his management of the Logistics support functions which include the Transport Rate team (Kim Olinger), Electronic Commerce team (Tammy Lee-Jaquet) and Regulatory Affairs teams (Suzanne Calcagno). In addition, Bob will now manage the Northeast Logistics team as part of the East desk. Bob will report directly to Scott Neal and will also help coordinate the Logistics function across all regions working closely with each of the regional Logistics Managers, Commercial desk heads and Enron Americas senior management team. Victor LaMadrid will manage the Southeast Logistics team and will report directly to Scott Neal. Victor's knowledge and overall east desk experience will be critical to help maximize east desk opportunities and promote new initiatives across all regions. Lisa Kinsey will manage the Central Logistics team and will report directly to Hunter Shively. Patti Sullivan will manage the West Logistics team and will report directly to Mike Grigsby. Darren Farmer will manage the Texas Logistics team and will report directly to Tom Martin George Smith will manage the Well Head Logistics team and will report directly to Fred Lagrasta. Retail Donna Greif will now report directly to Don Black. Each of the regional Logistics Managers (East - Marde Driscoll-Ernest, Central - Charlie Muzzy, West - Sabra Dinari) will continue to report directly to Donna. Donna will continue her ongoing efforts in the development and integration of the new retail trading systems, prior period adjustments and development of a strong and talented Logistics team. Congratulations to all involved and welcome to the commercial gas team - John Lavorato, President and CEO, Enron Americas.
Logistics Commercial Realignment
MIke, Attached is the updated summary regarding expansions in the west. There is only one change - PGT 2003 expansion. The expansion has now dropped from 230,000 MM/d to 160,000 MM/d due to PPL dropping out. Let me know if you need anything else. Phil
Summary for Grigsby.xls
Just an update, to keep everyone current on the progress of this initiative: We (Matt (from Unify), Liz, Dave, and myself) met today and attempted to find ways to directly relate the Passport information (from El Paso) to the corresponding prices etc. in Unify. Unfortunately, we discovered that there is no direct "fool-proof" way to accomplish this. However, we have come up with a couple of things to try: Liz is going to contact El Paso directly, and see if there is any other information they can provide in the Passport file that better uniquely identifies each deal / cut. Hopefully, this will be something that makes relating the data to Unify much easier. Matt is going to take a look at the format / content of the "scheduled quantity" file that comes in currently through the EDI Hub. It's possible that this file contains cut information itself, which would possibly alleviate the need to use the Passport file altogether. I believe that succinctly recaps the results of our meeting today. If I have misrepresented anything, please let me know. Also, feel free to contact me with any questions or concerns. Thanks,
Pipeline Cutoffs
Attached is a summary of my notes at the Socal meeting regarding revised window procedures. No hand-outs were provided. Calculation of Receipt Point Capacity Topock 540 mmcf/d Ehrenberg 1250 mmcf/d Needles 800 mmcf/d Wheeler 800 mmcf/d New Receipt Points Kramer Junction 200 mmcf/d Hector Rd 50 mmcf/d Both will be available around Feb 1 Basis of Pro-Ration-Current Windows Calculation Currently, Gas Control provides total receipt point capacity comprised of demand forecast and injection capability and compares to maximum amount of gas that can enter system. Gas Select prorates interstate's receipt capacity based on prior day's nominations. New Calculation, Changes and Display Based on operational maximum with adjustments for maintenance. SoCal ist aking and applying the current formula for Wheeler Ridge to all the points. Any changes to operational maximum will probably be due to maintenance and posted on Gas Select. Customer will choose which points it wants to reduce receipts. Operating maximums will equal demand forecast plus injections. Demand forecast will rely on Gas Control weather forecast. They use Weather Bank as one of their tools. OFO Declaration Name changes from overnomination Can declare before any Cycle Provide 2 hour notice Post on Gas Select Show OFO Calculation on Gas Select Windows Reason to set windows was to set limits to prevent too much gas from coming into system Calculation based on noms which does not work well. Lots of complaints. People were complaining that it restricted access to the system. Eliminating point specific calculation. Open system to Max Oper. Limits or Contractual Limits. Will continue to operate Wheeler Ridge under Aug 1 procedures. No changes to Wheeler Ridge. Due to the need to maintain operational control, an OFO will be declared when scheduled volumes are greater than the max operating capacity on any cycle. Replace windows with operational maximum volumes. If CPUC approves comprehensive settlement, will post 5 days of information to anticipate OFO's Now customers will elect which point they will back off instead of using windows. Scheduling Changes-Nov 1 Gas Select is being rebuilt and will be an internet system in mid-2002 . No direct dial-up. Rollover noms-noms will be copied from cycle to cycle Copy confirmed noms All noms will be rolled over-will not be at discretion of 3rd party. However, can still make changes. Can still upload new files. 2 Hour Notice Socal will provide 2 hour notice on Gas Select of OFO. Other methods include leaving message on Socal Hotline (213-244-3900) and list of e-mail messages that can go directly to pagers. Gas Select is official notification. Courtesy notification is hot line and e mail. Gas Select is a subscriber- based system mandated by CPUC and must get regulatory change to make free. OFO's are going to be system wide and not customer specific. OFO's can be declared intraday. Once OFO declared, it will be kept for entire day. Concerned that if call off, will have to put back on. Don't want to go back and forth. This decision may be reconsidered once they see how it works. Many times Socal see an increase of 200 mmcf/day between Cycle 3 and 4 so they are concerned. Scheduled vs. Capacity-Declare OFO Nominations may not exceed 110% of expected usage. Expected Usage is defined as usage for the same day for the prior week. Can revise expected usage. No interruptible storage injections allowed during OFO. Use Elapsed Pro-Rata Rules Expected Usage-cut nominations to 110% of expected usage so will use same day of the prior week as proxy. Generators need to revise expected usage. Acceptance of changes are at the discretion of SoCal. Flow Day Diversions don't go into effect until after Cycle 4. Gas Control will determine if flow day diversion will be allowed. If call OFO after cycle 3 or 4 and have interruptible storage injections, such storage will be prorationed back under the elapsed prorata rules. Many people were concerned that interruptible storage will be severely compromised. If OFO called , Interruptible Storage could be cut under the elapsed prorata rules as follows: Cycle 1 Nom 1000 ; 0 cut Cycle 2 Nom 1000; 666 cut Cylce 3 Nom 1000; 500 cut Windows will only be implemented during cycle 4 if OFO callled after cycle 3 and no improvement is realized. Will allocate prorata. Will use latest scheduled volume and will pro rate by receipt point. In other words, if OFO declared during Cycle 1 and no relief after 3 cycles, Socal will window Cycle 4 and prorata cut. Parties will determine what gets cut on all the other cycles. For penalty purposes, actual burn from 12 o'clock to 12 o'clock will be used to calculate penalties or MAXDQ if not metered. For OFO, assume supply delivereis day before and burn is the same day for the prior week. Declare OFO on prior day's scheduled volume. For an evening declaration-will use most recent available scheduled volumes. For example: Flow Day 10/4 10/3 Scheduled Volumes Cycle 1 Cycle 2 Cycle 2 Intraday 1 Cycle 3 evening cyle 2 on 10/4 Cycle 4 Intraday 1 on 10/4 In other words, will look at evening cycle 2 scheduled volumes on the 3rd for declaring OFO on cycle 1 for the 4th. ; look at intra day 1 for the 3rd in declaring OFO for cycle 2 on the 4th; look at evening cycle 2 on 10/4 in declaraing OFO for Cycle 3 on the 4th; look at intraday 1 on the 4th in declaraing OFO on cycle 4 for the 4th. Winter Balancing Rules Effective Nov 1-March 31 No changes. All customers must comply. Minimum delivery requirements 50% of daily usage over 5 day period; (Nov 1-5;6-10;) 70% of daily usage depending on storage level 70% daily usage implemented when storage levels equal 20 bcf above peak day min 90% of daily usage depending on storage level 90% rule implemented when storage levels equal 5 bcf plus peak day min. Look at storage graph on Gas Select. Posted 24 hours in advance if the minimum daily is changed. If go to 70% , current 5 day cycle must end completely, before new % goes into effect. Must increase storage inventory by 1 bcf above the 70% before going back to 50% rule. Once 90% rule implemented, will return to 70% as soon as operationally feasible, Contracted Marketer's customer usage and delivereies are aggregated in one balancing account. Core Aggregation-subject to 50% daily throughout entire winter period based on DCQ. Core-50% of daily throughput for the enitre period,; (Patrick Brown group) Not subject to 70% and 90% rules. 2 types of gas count toward daily obligation- firm storage withdrawal and flowing gas. As-available storage and imbalance trading do not count. Burn=measured daily usage thru electronic measurement, Min DQ-used if customer does not have electronic measurement. Customer assessed GIMB charge if total deliveries is less than 50% of total burn over 5 day period. Customer purchases gas at daily balancing stand-by rate under G IMB Rate Schedule which is 150% of highest Socal Border price per NGI Gas Daily plus franchise fees and other charges. Rate is posted at end of every month. OFO can be declared during undernom season (winter season)
Socal Window Meeting
AUSTIN-BRAZOS-BURLESON-COLORADO-FORT BEND-GRIMES-HARRIS-HOUSTON- LIBERTY-MADISON-MONTGOMERY-POLK-SAN JACINTO-TRINITY-WALKER-WALLER- WASHINGTON-WHARTON- INCLUDING THE CITIES OF...BRENHAM...BRYAN/COLLEGE STATION... CALDWELL...COLDSPRING...COLUMBUS...CONROE...CROCKETT...EL CAMPO... WHARTON...GROVETON...TRINITY...HEMPSTEAD...HOUSTON...PASADENA... HUNTSVILLE...LIBERTY...LIVINGSTON...CORRIGAN...MADISONVILLE... NAVASOTA...RICHMOND...SUGARLAND...SEALY...BELLVILLE 330 PM CST MON DEC 31 2001 ...WINTER STORM WATCH TUESDAY AND TUESDAY NIGHT... LIGHT RAIN IS EXPECTED TO DEVELOP OVER SOUTHEAST TEXAS LATE TONIGHT OR EARLY TUESDAY. THE RAIN MAY BE MIXED INITIALLY WITH SNOW...SLEET OR FREEZING RAIN ALONG AND NORTH OF A LINE FROM LAKE LIVINGSTON TO BRENHAM. COLD AIR WILL DRAIN SOUTHWARD AS THE PRECIPITATION CONTINUES TO DEVELOP...AND A CHANGEOVER TO SNOW OR SLEET IS EXPECTED DURING THE DAY TUESDAY. PRECIPITATION COULD CHANGE TO SNOW OR SLEET EVEN AS FAR SOUTH AS METRO HOUSTON BY DAYS END TUESDAY OR EARLY TUESDAY EVENING. EXACT SNOW AND SLEET AMOUNTS ARE DIFFICULT TO PINPOINT AT THIS TIME. BUT ESPECIALLY NORTH OF THE HOUSTON...TWO INCHES OR MORE COULD ACCUMULATE BY THE TIME THE PRECIPITATION TAPERS OFF LATE TUESDAY NIGHT. TEMPERATURES WILL BE RIGHT AROUND THE FREEZING MARK TOMORROW OVER NORTHERN SECTIONS OF THE WATCH AREA...IN SPOTS SUCH AS CROCKETT ...HUNTSVILLE...AND COLLEGE STATION. TEMPERATURES SHOULD REMAIN ABOVE FREEZING IN METRO HOUSTON UNTIL SUNSET...THEN FALL BELOW FREEZING DURING THE EVENING. MOTORISTS SHOULD BE ALERT FOR DETERIORATING DRIVING CONDITIONS TOMORROW AND TOMORROW NIGHT. EVEN IN METRO HOUSTON...DRIVING COULD BECOME DANGEROUS...ESPECIALLY TOMORROW NIGHT WHEN TEMPERATURES FALL BELOW FREEZING. ANY LIQUID LEFT ON ROADS WILL FREEZE...ESPECIALLY ON LIGHTLY TRAVELLED SECONDARY ROADS. THE INCLEMENT WEATHER IS BEING CAUSED BY A STRONG UPPER LEVEL STORM SYSTEM THAT IS FORECAST TO CROSS THE REGION TUESDAY AND TUESDAY NIGHT. THE SYSTEM IS FAST MOVING AND SHOULD BE EAST OF THE AREA BY WEDNESDAY MORNING. TEMPERATURES WILL RISE ABOVE FREEZING OVER THE ENTIRE AREA WEDNESDAY...ALLOWING ANY ACCUMULATED SNOW AND SLEET TO MELT. VERY COLD TEMPERATURES ARE EXPECTED WEDNESDAY NIGHT. ANY WET AREAS LEFT ON ROADS WILL FREEZE HARD AS TEMPERATURES FALL INTO THE 20 TO 25 DEGREE RANGE INLAND. YOU MAY WISH TO CONSIDER MAKING PREPARATIONS TO WRAP EXPOSED PIPES AND ARRANGE FOR PETS AND PORTABLE PLANTS TO BE BROUGHT INSIDE. STAY TUNED TO NOAA WEATHER RADIO AND LOCAL MEDIA FOR THE LATEST FORECAST FROM THE NATIONAL WEATHER SERVICE. A WINTER STORM WATCH MEANS WINTER WEATHER IS POSSIBLE...NOT A CERTAINTY. IF WINTER WEATHER BECOMES IMMINENT...A WINTER STORM WARNING OR WINTER WEATHER ADVISORY WILL BE ISSUED. AVOID DRIVING IF WINTER WEATHER BECOMES IMMINENT.
WINTER STORM WARNING UNTIL TUE JAN 01 2002 06:00 AM CST FOR 77057
Mike, Since the IT guys want to wait for the new software to put your cost analysis on the plasma screens I am currently working on using Reuters so that we'll have something in the meantime. I had to call Lori Hernandez, Reuters contact, and have her add some more products to Kobra. As soon as she gets back to me I'll put that together and get it on the screens. Let me know if you have other questions. Aaron
cost analysis update
On Mar 12 2001, you asked E-LOAN to monitor the mortgage market daily to find the following loan(s): 30 Year Fixed with a 7.250% interest rate and 1.000 point(s). 15 Year Fixed with a 6.875% interest rate and 1.000 point(s). 30 Year Fixed with a 7.375% interest rate and 1.000 point(s). We currently offer the following: Loan Type Rate Points/(Rebate) APR
E-LOAN Alert: Your 15 Year Fixed loan at 6.625% is available now.
Cantor Fitzgerald will be used along with Gas Daily for CA gas prices under the Ferc proxy price. Are you guys familiar with Cantor's pricing publication? How do we submit prices to these guys? Let me know if you have any idea. Thanks,
Cantor Fitzgerald
You all have done an excellent job with the gas daily products. I have been asked to follow up with you guys to ensure that the products are rolled out on EOL at the same time each day and that they be managed in the same manner that you manage your cash products each day. We have been asked to have one a day up at all times with a relatively tight two way and to provide market depth. You may provide market depth, offset to last trade, or use last trade mid functions. Let me know if you have any questions or concerns regarding this request. Thanks,
Gas Daily products
We would like to schedule our trip to Cancun, Ritz Carlton for March 29, Thursday through Sunday. It will be the trading group only, less Tori Kuykendall. Please look into planning this trip. You are the queen. Sincerely,
Trip in April
Can we update a west contact sheet? I would like to have all traders and operations personnel listed. Name, address, home phone, work phone, cell phone, and email. Thank you so much. Mike
contact list for the west
Please check the physical and fin index positions for prompt. The index totals do not match the volumes in the Consindex tab in newcurrentday. Thanks,
prompt index
Matt, Please take a look at these spreadsheets and calc the gas usage by plant and by pipe in CA. Chris Foster is telling us that most of these palnts will be shutting down in the next few weeks due to credit exposure. Let's discuss the impact on sendouts. Thanks,
Power Plants
Barry, I would like to focus our deal flow on Apr-Oct or 1 yr San Juan and Rockies supply. Our fundamental investment is mainly in the rockies for 2001. Let's get together with Mark Whitt, Paul Lucci, and others to set our supply goals for the mainly the apr-oct period. I would like to work on buying every mmbtu of Opal, and all points included in the IF NW Rockies index. Our goal should be to purchase at least 400,000/d of rockies supply and 500,000/d of San Juan Blanco and Bondad. we have been buying these phys index points at +.01 in the rockies and +.005 in the San Juan. You may need to coordinate with Fred Lagrosta's group initially to get all of their producer contacts. Thanks,
West Desk Supply
Let's discuss the following. Making markets on GD swaps and managing the risk Hiring a new analyst to track our spreadsheets, create our products and get them ready to trade each morning. Your Access EOL reports. Get it to a level that Ina might be able to download the data each day. Talk to Susan about joining the group. Mike
Issues