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Vince, I would like to offer you to be the chairman for the morning stream session "On-Line Trading & Risk Management" (8th November, 11.45-13.15), to introduce the speakers (Spyros Maragos, Per Hjorth and Les Clewlow) and lead the discussion. Would you be interested in doing that? Kind Regards,
Gas & PoweRisk 2001 - Chairman
Hi Vince, Further to our telephone conversation, please find attached an up-to-date copy of the programme for EPRM 2002 USA. I look forward to hearing from you next week. Kind regards,
EPRM 2002 USA
Attention: CEO, VP of Marketing, Director of Merketing or recruiting: Position desired: Sales/Marketing Professional, management or ANY I am seeking the position above or any other positions which you have with your company which you feel that I would be suited for. I currently reside in Columbus Ohio and wish to wor...
Resume of Roger M. Gray
We have not yet received your response. Please forward your responses to the questionnaires to Eddy Daniels as soon as possible. Please disregard this message if you have already sent your responses. Thanks. Sent on behalf of Eddy Daniels
Enron Corp., Enron North America Corp. and Enron Net Works Questionnaires
Mr. Hunt: Your resume has been forwarded to Dr. Vince Kaminski, Managing Director and Head of Research with Enron Corp. He would like to conduct a telephone interview with you at your convenience. Please forward me some times and dates within the next few weeks that you would be available and I will coordinate the in...
Telephone Interview with Vince Kaminski
Vince, I was thinking that max (negative) potential exposure for different counterparties could occur for different scenarios and so combining max potential exposure across counterparties may overstate cash needs. If overall scenario for overall max (negative) potential exposure is considered, then we will pick up so...
Cash needs
Dear Dr. Kaminski, Thank you so very much for your time on Wednesday. It has been challenging to find out, from the outside, exactly what your group does on a daily basis and what type of people make up your team. I do not feel that there is any substitute for the information, and feel, that one can get directly from ...
Thank you.
=09 =09 Dear Vincent, With time running out before Congress finishes b= usiness for the year, ranking member on the Senate Energy Committee Frank M= urkowski (R-AK) is making a new attempt to pass energy legislation. On Tue= sday, the Washington bureau will cover a news conference on Murkowski's pla= ns to announce...
Williams Energy News Live -- today's video newscast
Vince, As you meet with employees one-on-one tomorrow, you will want to cover a few items with them. These are some things we determined through reductions in other groups that work fairly well: have Shirley or your team admin prepared to receive all returned equipment (laptops, cell phones, pagers, blackberrys, Amer...
Process for Tomorrow
The attached is the latest draft of the pro forma interconnection agreement being prepared as part of the FERC ANOPR process. This draft has been prepared by the Alliance of Energy Suppliers (AES) as part of its continuing effort to take a leadership role in this process and ensure an outcome that will be beneficia...
Latest Draft of Pro Forma Interconnection Agreement for Conf. Call Discussion
Dear Dr Kaminski: Best Wishes for the New Year to you and your family! Some time ago I sent you a letter with information on the Bachelier Finance Congress. I never received a feedback from you and I am concerned that perhaps it never reached you. In any case, please let me know if you need any help with your travel p...
Various
Vince, I am an ex-Enron that was part of the "cost cutting measures" implemented in early December. One of the people I have spoken during my job search is Mark Kierlanczyk from AON. Mark suggested you might be someone I could contact and talk to briefly about my job search. In general terms, I am looking for a j...
Referred by Mark Kierlanczyk
Mr. Kaminski, Greetings. I work for Aspen Technology Inc. www.aspentech.com We have not met, but a colleague of mine forwarded a copy of your presentation on Price Dynamics in the Energy Markets from the SIAM conference last April and am writing to you to encourage you to consider making a presentation at Aspen's corp...
Price Dynamics and Risk Management in the Energy Markets
Vince All best wishes for you in 2002 My condolances for all that happened in 2001 I hope your family are well Geoff <<xmas2001.pdf>> ********************************************************************** This email and any files transmitted with it are confidential and intended solely for the use of the individual ...
Happy New Year
Dear Dr. Kaminski: Following this e-mail is a summary of the recent meeting of the Advisory Board of the Carnegie Mellon Master's program in Computational Finance. We would appreciate hearing your views on the subjects discussed. Best wishes,
MSCF Advisory Board
This analysis was another swag at p&l components. We took the numbers from the daily position reports, backed out the big originations that we new about (e.g. peakers sales) and the other "mistakes" (e.g. the EES $700MM loss), then took out the curve-shift P&L from the backtest data, the balance we said must be some fo...
P/L Breakout
This is a resume of one guy I met in Houston a few months ago. He comes across as a very bright and qualified individual. He is interested in a position in London. Who is the best person in London to forward the resume to? Vince
A resume for Londom
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 Houst...
Follow-up on SIAM Workshop
Christie, I have two persons in my group helping me with the Wharton and Rice projects. By the way, the project I gave to Rice students is exactly the same as the project for Wharton. We shall see who is better. Their names are Li Sun and Kenneth Parkhill. Can we invite them to the dinner on the 18th and to the meeti...
Help with the Tiger Team
Martin, Please, ask Steve to call your office. I may be late on Friday. I don't have to be present at this conference call. Please, talk about your potential involvement and if takes a trip to London it's OK with me. Vince
Phone conference
Molly, Sandeep Kohli called last night. We decided to transfer Anshuman for the 6-month trial period and then extend his assignment to a permanent employment if necessary. For Sandeep Kohli it's a permanent transfer, effective immediately. Some local opposition to poaching of good people. Vince
Anshuman - transfer from Dhabol
Jeff, We shall forward to you shortly a copy of the message from Sandeep with the numbers you have requested. What follows below are the extracts from two recent articles on the power situation in India published by The Financial Times. The first article describes recent power outage in northern India affecting mi...
Dhabol
Sally, I gave you some time ago a brochure on this benchmarking study request. They renewed their request for Enron's participation. What is your view on this? Do you think the benefits of knowing what's going on offset the loss due information released and time spent on the project. My recommendation is to forget it...
Benchmarking Study
Norma, Happy New Year. Look forward to working with you in 2001. Can you send the resume of L Xu to me in an electronic form? Thanks
L Xu
Greg, As a follow up. We are talking to Jay Webb today about the data we can get from the Enron OnLine system to develop an early warning system for automated crude trading. By the way, it was a good catch. You left us red faced. Vince
Warning system
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
Fwd curves
Jeff and John, I was contacted by Petronas who requested a meeting with Enron on risk management. I have met with them a few years ago and they want to discuss with us their progress implementing risk management practices. I shall arrange the meeting and get RAC involved. Would you like to meet them for a short cou...
Petronas - a short courtesy meeting on Feb 8
Zimin, I have talked to Alex about it. I don't think that the additional seminars will crowd out the brown bag lunches. The seminars are really targeted to people who recently joined the group and have very limited, or zero, exposure to energy markets. For most members of the group it should be the piece of cake. Bro...
Friday Brown Bag Lunch on Option Pricing
Rick, I was contacted by Petronas who requested a meeting with Enron on risk management. I have met with them a few years ago and they want to discuss with us their progress implementing risk management practices. Can we arrange for them a standard presentation, like the one we have for banks (you or David Port, B...
Meeting with Petronas
Dear Sir, I would like to apologize for the delay in responding to your fax. I was on vacation for the last few days. I shall be honored to meet your delegation on Thursday, February 8 at 10:00 a.m. Please, let me know if you will be free for lunch after the meeting. Vince Kaminski
Meeting on Feb 8, 2001
John, I have received your message regarding Mike Roberts. I could not agree more. Mike deserves to be compensated for his exceptional contribution. Additional recommendation. I think that all weather forecasting support should be consolidated under Mike (including the weather guys supporting power trading). In my vi...
Mike Roberts
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
Investment
Please, use a new template stored in the Plans2001 folder for today's project lists. Over the last few weeks we had several parallel copies of the same file floating around. I have updated he list of group members in the first sheet. Please, make sure I have not omitted anybody. Vince O:\Research\Common\FROM_WJK...
Today's project list
Sheila, I am forwarding you a message I received a few days ago. I want to ask you for advice how to handle this case. My first reaction was to ignore it. The longer I think about it, the more convinced I become that some action is required. Let's try to reverse the situation and assume for the sake of argument th...
f/up
Mark, I left you a message regarding The National Forum on Corporate Finance at Rice. They would be delighted if you could serve as a panel member at this conference. Here are the coordinates of the professor at Rice who is in charge. I would appreciate if you could call him and let him know if you can attend. Thank...
Invitation for you from Rice University : The National Forum on Corporate Finance
Dave, I am sending you my accomplishments for the last year. I am including also one document (just browse through it quickly) to give you a flavor of some projects I have been working on. I shall send you shortly an additional document I would like you to browse through (the list of projects my group works on in a t...
Accomplishments, Vince Kaminski
Mike, I am sending you a message regarding a potential candidate. Please, take a look at him and see if he fits better our group or Mark Tawney's group. Vince =20
Recruiting for weather risk management group
Stinson, The spreadsheet below shows the allocations I made for EBS. The numbers in magenta show percentage allocations, Of course, Samir and Samer are gone, ad so is Roman. The problem is that once I give the percentages to accounting they become fixed for one year.
EBS
Mike, What do you think? I see pro's and con's. The argument against is that during PRCs people comment positively or negatively about a person and this is how the word is spread about an employee. Tony could benefit from being in a London PRC. Vince
Tony Hamilton
Dave, I would like to recommend to you Sandeep Kohli who is likely to approach you regarding a position in your area. I have been working with Sandeep for a number of years and I was always impressed with his skills, intelligence and mature, thoughtful approach to solving business problems. He is currently located...
Sandeep Kohli
David, A follow-up on my voice-mail message regarding Grant. Dave Delainey is on board regarding Grant. We can bring him back at the same level and comp, assuming that resignation was handled in a professional manner. DD asked me to work out the details with you. Can we meet to talk about it on Monday? Vince
Grant Masson
Louise, I am sending you a resume I received today. She graduated from the same university in Poland I attended (many moons earlier). She recently got an additional degree in e-commerce. Vince
A resume
Jim, No changes in the schedule. The meeting will take place, as scheduled, on the 6th of December at 9:00 a.m. We may have to cancel lunch with the professors as they have other commitments. The meeting will last about 2 hours. Vince
Wharton trip
Norma, Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Pinnamaneni Krishnarao/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Joseph Hrgovcic/HOU/ECT@ECT, Tanya Tamarchenko/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT, Martin Lin/HOU/ECT@ECT, Maureen Raymond/HOU/ECT@ECT, Osman Sezgen/HOU/EES...
Preliminary rankings
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
Course outlines
Jennifer, This is the address of the hotel within a walking distance to the Wharton School. Please, make the reservation for Jeff Shankman at this hotel for the December the 6th meeting. Vince Kaminski
Hotel for the Wharton trip
Rick and Ted, It looks more like foxes building chicken houses as opposed to foxes guarding chicken houses. I shall send a message to Bryan saying that the Research has to look under the hood and examine the mechanics of the model in order to sign off on it. A dog and pony show is not sufficient. In any case, the d...
VaR for EnronCredit.com
Jeff, I want to bring Aram Sogomonian back to Enron at a VP level. According to new human resources procedures this decision requires a support of three senior executives. I want to ask you to express your opinion on Aram (based on a phone interview or just on your past interactions with him). You can send a reply to...
Hiring at a VP level
Rick, I want to bring Aram Sogomonian back to Enron at s VP level. According to new human resources procedures this decision requires a support of three senior executives. I want to ask you to express your opinion on Aram (based on a phone interview or just on your past interactions with him). You can send a reply to...
Hiring Aram at a VP level
Gentlemen, I recommend that we purchase this package and split the cost 3 ways between 3 power trading desks. I think that we should go for option 3 (~ $15,000). Lance Cunningham in my group looked at this software package and found it very useful for modeling transmission problems. Please, feel free to ask him for ...
Site License for Power World
Christie, I am forwarding you a message I have received from the University of Houston. Can you help them? We have a very good relationship with the UoH. Vince
Dr. Michelle Foss- Energy Institute
Louise, Would you consider being a keynote speaker at this conference (Feb 22 evening)? The conference will be held in Austin. We have a very good relationship with UT and we are helping them to organize this conference. I shall be glad to provide you more information about the event. Vince
Spring 2001 Energy Finance Conference Participation
John, I talked to Dale Nesbitt. He suggested that the best way to evaluate his model is to go through a one week intensive project with assistance of somebody from his company. Our cost is a flat fee of $12,500 that would be deducted from the purchase price of $55,000, in case we buy the software package. The pric...
Dale Nesbitt
Keith, The article I mentioned. Vince *********************************************** rashed By Tax Selling But are there bargains among the discards? By Michael Santoli Here it is more than six months since even the most intransigent last-minute filers wrot...
Article
Alex, Can you set up a meeting to review this product. They have an office in Houston. Please, invite people on the distribution list. Vince
PoweRisk 2000 followup in re WeatherDelta
John, I am forwarding to you the request by Jens. We gave in the past our forward oil curves (with approval of Greg Whalley) to some academics. What is your position on this request? Vince
Forward oil prices
Shelly, These are the Super Saturdays I can help you with: Nov 10 Dec 1 Dec 8 Dec 15 I shall be traveling on two other days. One of these trips is related to recruiting at CMU. Vince
Super Saturday
Charlene, Please, help. This is a son of a professor at Berkeley who helps me a lot in the recruiting process. His son goes to Cornell. Can we invite him (the son, not the professor) to a Super Saturday? I really want to repay the debt to his father who is very instrumental in my recruiting efforts. Vince
Yaron's Resume
Ashley, This is one resume I got today. I think that it makes sense to invite him for an interview directly with my group. He does not qualify as an analyst candidate. What do you think? Vince
UC-Berkeley Graduate Student
Krishna, I have received two additional requests for help from EES. 1. Jeremy Blachman called and asked us to increase very significantly the level of our support of EES. It probably makes sense to set up a meeting with Jeremy ASAP and discuss specifics (you, me, and it probably makes sense to invite Marty Sunde a...
Requests for help
Jeff, FYI. We completed the review of the LNG model. The copy of the review is available if you want to take a look at it. Vince
Completion of LNG Model Review
Norma, Maureen Raymond refuses to sign her review. Can you, please, join us tomorrow to discuss it. I have a time slot available at 2:00 but I can reorganize my schedule to accommodate you. Vince
Maureen Raymoin'ds Review
Joe, Mike, Please check with PR first if we want too talk to her and run it by Mark. I think it is in our interest to be quotes extensively in the press. Vince
Report Research
Shmuel, This is the abstract for my presentation on the 23rd of October. I am in London and Paris this week. I can be reached at my private E-mail address vkaminski@aol.com. Please, feel free to suggest modifications to the abstract. Vince ******************************************************************
Abstract
Mike, Vasant, Elsa would like to meet and discuss the construction of forward curves for her operation. Can you, please, get in touch with her. Vince
Elsa'a request
Geynille, I understand you are in charge of recruiting at the UofH. I am forwarding to you the resume of one of the students of the University of Houston. She is involved with the international organization called AIESEC and I was most impressed by her organizational skills and professional attitude. I used to wor...
Biliana's resume
Jeff, Our friends at the University of Texas are planning a conference on energy economics and finance in February of next year. They would like very much to have you as a keynote speaker. Given our good, long-term relationship with UT, I would recommend that you speak at this conference. I talked to Prof. Ehud Ro...
University of Texas conference on energy finance, February 2001
Steve, I am a lead recruiter at the University of California at Berkeley for Enron Analyst/Associate program. I contacted several friends who work at Berkeley and received an invitation from one of them to make a presentation at the weekly Faculty Seminar of the Dept. of Industrial Engineering and Operations Research....
Presentation to faculty and students at Berkeley
Maureen, The article for Technical Corner requires some editorial work. Please, make sure you make the changes ASAP. My comments are in magenta. You will see them when you open the attachment. Vince
Technical corner
John, This is the list of the business teams within ENA I received Tuesday from accounting. As you can see it is hopelessly behind our org chart. I shall bring it up with accounting. Vince
Commercial Teams in ENA
John, We are trying to hire Rabi De, whose sign-on bonus proposal was sent to you for approval, for RAC. He will support vale-at-risk applications, the area where we are hopelessly understaffed. Vince
Rabi De's sign on bonus
Dear Dr. McMullen, A few weeks ago I received a call from your University regarding employment opportunities at Enron. I called back and summarized the needs of my group (an ideal profile of a candidate): 1. mathematical finance 2. computer programming (C, C++) 3. understanding of the energy markets I shall appreci...
Hello from Enron
Dear Dr. McMullen, A few weeks ago I received a call from your University regarding employment opportunities at Enron. I called back and summarized the needs of my group (an ideal profile of a candidate): 1. mathematical finance 2. computer programming (C, C++) 3. understanding of the energy markets I shall apprec...
Hello from Enron
Becky, I have finished my budget but before I send it out, I would like to run it by you. I made a few assumptions and changes to the template. Can you find 15 minutes today or tomorrow? I can walk you through the spreadsheet. Vince
Budget
Althea, I was trying to get in touch with this guy. Did he contact you by any chance? He missed the interviews on the campus. Vince
Stanford MBA- Interview
Elena, Please, prepare for Mulong NG and power price series. We can use Henry Hub for NG, Cinergy, Cobb and PV for electricity. We can send him NG price right away. Electricity prices are different: he has to obtain permission from FT (Megawatts Daily). I shall cc you on my msg to him. Vince
Weather and energy price Data
Kim, I am sending you the presentations by Krishna and Y. Feng. These presentations may be further modified by both Krishna and Youyi before Wednesday. Vince
Power Point Presentations by Krishna
Darrell, Grant just alerted me that I sent you only part of the text. Here is the full chapter with an aged version of Gran't part. What I sent you represents an update of his contribution. Sorry for that. Vince
Full version
I am sending you an updated version of the MG VaR memo, following the discussion Grant and I had with Bjorn Thursday evening. Please, let me know if you think more changes are required. Vince
MG memo
Jeff, I am sending you a recommendation regarding our cooperation with the Wharton School, following my visit with Tom Piazze in May. Tom is a Corporate Relations Officer at Wharton. Recommendation. I am writing to you to recommend joining The Wharton Partnership. The Partnership is an umbrella program established to...
Wharton Partnership
Beth, I have a favor to ask. Do we have copies of Harvard Business School case studies about Enron? We use these case studies during Super Saturdays. I need a few copies. This is for Prof. John Martin. Vince
Harvard Business School case studies
Shirley, Please, send it to the entire group. Vince ****************************************************************************** **************** This is another reminder about the responsibility we have as a group for cleaning the conference rooms after meetings. For many visitors to Enron a conference room may...
Reminder
Molly, We would like to bring this student as a summer intern (the last one, we are running out of space). I shall send you another message regarding his proposed dates. Thanks. I hope you have a very Happy Easter. Vince
my resume
Kevin, Vasant and I talked to Clayton about his request for transfer. Clayton received a conditional approval contingent upon completion of the current project he works on. Vasant will formulate exact definition of the deliverables and we will hold Clayton to it. If he fails to deliver the request for transfer wi...
Clayton Vernon
John, I am writing to you regarding the management of the London Research group. As you know, Dale Surbey, who was managing the London unit of the Research Group, is moving to EBS. Dale did a terrific job helping me to develop the pool of talent we have currently in London. Given that Dale is likely to be transfered...
London Research Group
Ted, We have the first running version of VaR model for the MG positions. Many thanks to Tanya and Anjam for taking lead in this effort. We had also great help from Cantekin and Kirstee. We want to validate some inputs before releasing the number. Specifically, I want to make sure that both London and Houston work...
MG VaR
I am forwarding the resume of Wendell Licon who works for Enron in the HR department (executive compensation). He used to be an FX trader. I am thinking about moving him to research when his current boss is ready to release him. I think, however, that you should take a look at him as well and see if he fits your needs....
Resume of a former FX trader
Jim, Clarification regarding Shalesh' transfer to EBS. The request to rotate Shalesh out of Research into EBS came from Ravi Thuraisingham. My understanding was that it was fully coordinated with you and I was more than happy to oblige. Shalesh is concerned that his integrity is being questioned and I can assure you t...
Shalesh
Barry, Stinson forwarded your message to me. I am meeting Ted Murphy today and I shall bring it up with him. We have unit at Research (Tanya Tamarchenko, reporting to Grant Mason) who is responsible for V@R support. Vince
EBS VaR Transaction Policy
Greg, Dale Nesbitt is a consultant who develops pricing models (spot and fwd) prices for E-commerce sites. He will be in Houston in the beginning of July. Any interest in meeting him? Vince
Dale Nesbitt
Tom, I am sending you the information about our new B2B unit. I have talked yesterday with Greg Whalley who is heading the new unit about the E-commerce project at Wharton and recommended that Enron join this program. I have sent him this morning a copy of the materials you gave me. The meeting with Jeff Skilling has ...
B2B at Enron
Piotr, Dziekuje za wiadomosc. Bede prawdopodobnie w Londynie w koncu wrzesnia. Ciesze sie, ze wszystko idzie pomyslnie. Odezwij sie, jesli bedziesz przyjezdzal do Stanow. Rozmawialem ostatnio z Twoim kolega, Avi Hauser. Wicek
Pozdrowienia
Mark, Please, tale a look at the attached newsletter. An interesting story on gaming Cal PX. Let me know if you have problems opening the document. Vince
Restructuring Today - 6/23
Pam, The last group. Please, let me know if any name is missing. Grade: A Thanks a lot. It was a pleasure working with you. Vince Kaminski
Grades
David, During today's VaR coordination meeting we had a discussion of issues related to mapping of the forward price curves into core locations. Mapping is a necessity dictated by the limitations of the computer system: we have to reduce the dimensionality of the problem to stay within the bounds of available CPU m...
VaR
An interesting piece of information from the oil markets. Iraq is trying to extract concessions from the US and threatens to shut down production as of Oct 1 (just in time for the US elections). The source of this info is Phil Verlaeger (an oil analyst). He is very good but excessively concerned with Iraqi machinations...
Iraq and Crude Output
Kevin, I have followed up on your request to identify a potential hire from Akamai (a person familiar with their technology). We can start discussions with the targets in a few days. Please, let me know which unit in EBS is a potential hiring agent. If it's Research, who inside EBS can sponsor this position? We have...
Akamai
Bryan, I shall call you later today when I have a chance to read the message from Ben. I wanted to ask you for a favor (on a very short notice). We are talking to the Wharton School about setting up a relationship with them and getting involved in one or more research projects with them. One of the potential top...
Wharton Event-June10-Insead
Hi Paula, Thanks for the invitation. I have already accepted an invitation from my neighbors. I shall stop by to deliver the card (or maybe I should wait till it covers the next graduation). Vince
Invitation
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 ...
ALP presentation