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Dear Alumni, Please see opportunity for a Manager of Marketing Research with Direc TV in El Segundo, CA. Interested candidates should respond to Jeff Zabludoff to apply or for additional information. Contact information is listed following job description. Thank you.
Career Opportunity: Manager of Marketing Research with Direc TV in El Segundo, CA
This email is to let you know that the October 2001 version of NEWGen is available for download on www.rdionline.com. If you do not want to receive this email please reply with unsubscribe me as the subject line. Thank You,
NEWGen October Release
Gentlemen - I hope you all are doing well. I wanted to follow up with guys on supper club. I believe it's our turn in the "rotation". ML and I thought it might be fun to change it up a bit and go some place like the Mucky Duck where we could eat and watch a band or go somewhere like the Laugh Stop for dinner and a comedy hour. We will treat on the dinner and first round of drinks. I would say on all drinks but given Kevin's past rampages with the bottles of wine I better not guarantee full payment of that at a restaurant. If that's a problem, I can always bring Kevin a small flask and straw that he can have during the night. ML talked to Lisa and I talked to Dax and it sounds like Sunday, November 11th will be the only date that might work. Follow back up with me and let me know if that will work. Take care and talk to you soon.
Supper Club
Dear Alumni, EarthLink, Inc. in Pasadena, CA. is searching for a Senior Cable Manager to manage and develop their Cable Operator lifecycle which includes Product Management, Marketing, Distribution and Sales. Interested candidates should apply to Dominique Hood. Contact information is listed following job description. Thank you.
Career Opportunity: Senior Cable Manager with EarthLink, Inc.
Dear Alumni, The Fund of the Four Directions organization is searching for an Executive Director for their foundation based in New York. Interested candidates can send cover letter and resume to Kent Lebsock (MNC-703). Please note that the application deadline is February 1, 2002. Contact information is listed following job description. Thank you.
Career Opportunity: Executive Director with Fund of the Four Directions in New York.
A ClickAtHome Internet Service Provider has indicated that you are receiving subsidized Internet service through the program. 1. If this is correct, no action is required - continue to enjoy your Internet Service! 2. If you are NOT receiving Internet service through the ClickAtHome program, please email clickathome@enron.com to report the incorrect billing on your behalf. Thank you, ClickAtHome Team!
ClickAtHome Internet Service Verification
Dear Class of 1996, **Note: Response to this email requested, thanks! Well, our much anticipated 5-year Reunion is less than a month away! The planning committe is working hard on the events, and we are trying to firm up the list of attendees. We got a GREAT response to the last email, thanks
Anderson '96 Reunion - 4 weeks away!
Kevin, I'm back in town. Matt and I plan to play golf this Saturday morning. I understand you're a budding golfer. Care to join us?
golf saturday?
In order to remain consistent with Enron's new security access procedures for the Enron Center Campus in Houston, all Body Shop Members and Guests will be required to present their Enron Photo Badge ID or a Photo Driver's License to the Body Shop Security Officer each time they enter the Body Shop. We appreciate your assistant to expedite these procedures by being prepared to present your ID to the Body Shop Security Officer each time you enter the Body Shop. All members will continue to use their Enron ID Badges to access the exterior Body Shop building security card reader as well as use their Badge ID's at the Body Shop Front Desk Member card reader. Lee Wright Body Shop Program Manager
Body Shop Security Access
Kevin, Per our conversation this morning, the attached spreadsheet should give you an idea how we are managing NGPL NSS storage. The spreadsheet breaks out the current inventory level and the daily rights associated with the storage. Let me know if you have any questions.
NGPL NSS storage
Kamp, I think you have to give up on your dream of being a game show host. You certainly have the teethy smile, but you display too much confidence that you are the only one with the Top-Secret answers. You are the weakest link. The answers: Haal Newhouser - Pitcher Yoggie Berra - Catcher Jimmie Fox - first base Alos, Frank Thomas Ernie Banks - SS Joe Morgan - 2nd base Mike Schmidt - 3-B Mickey Mantle - outfield Roger Marris - Outfield Dale Murphy - OF Barry bonds - OF ***Rich Kampman (4 Time Winner) - S.F Short-Fielder. M.L.S. (Major League Softball) *** I don't think this would count, although the Short-Fielder is another position. And Kamp did play the position with class Please refer to for proof.
you are a dork
I figured we all needed a break from all the 9/11 and Retaliation news we've received lately. To get everyone in the postseason frame of mind here is a trivia question I'm sure will stump the most avid basebvall fan. There has been an MVP who reveived the award two years in a row at each position (center field has two), including at pitcher. Name them. I will share the answers in a future email. I'm thinking Bert or DiLeo are the only ones who have half a chance at this one. Prove me wrong. Pitcher : Catcher: First Base: (no it was not Rich Kampmann) Second Base: Third Base: Short Stop: Left Field: Center Field: Right Field:
Baseball Trivia
Due to an instructor illness - the Tuesday, 12:20pm Cardio Kick II Class has been cancelled. We appreciate your patience and understanding. The Body Shop
Lunch Cardio Kick II Class Cancelled Today
Kevin, Are you still interested in the Beer Tasting? It's this Thursday at 6:30 p.m. at the Museum of Natural History. St. Arnolds is involved. Blair is coming. Gregg
Beer Tasting
I would like to introduce Intercontinental Staffing Group. Our offices in Houston and London are primarily focused on serving the energy trading industry, bringing together top energy trading talent with the worlds leading energy trading companies. Our search consultants have past experience in either trading or brokering energy products. This gives us a distinct advantage with respect to our knowledge of and exposure to the energy trading industry. We are currently working on filling several trading and marketing/origination positions throughout the US. If you have an interest or know of someone who is looking for a new career opportunity, please contact me at the phone number listed below or feel free to email me at possibilities@istaffinggroup.com. We do offer a referral fee if we are successful in placing one of your recommendations. Thank you for your time. I look forward to speaking with you. Sincerely,
Intercontinental Staffing Group
Folks, Some of you were looking for a list of who's coming. Shown below is a headcount that should be fairly up to date and includes people who signed up for either the Class Dinner, Class BBQ or Golf Tourney or some combination thereof. If you know some folks who are missing from this list it would be a good idea to get ahold of them asap as we haven't received payment for any events! For last minute signups please call the Alumni Office (310) 333-ALUM. You can also pay at the door for most of these events, but it is highly advisable to let us know you plan to come! Sincerely,
Anderson '96 Reunion - List of Attendees
To: Rybarski, Amanda; Moore, Kevin G.; Hogan, Irena D.; Bates, Kimberly; Villarreal, Alexandra; Presas, Jessica; Young, Becky; Vuittonet, Laura; Quezada, Daniel Cc: Hardy, Kimberly; Panos, Jason; Hernandez, Jesus A Subject: Please forward to your groups There is only 1 week left before moving into the new building. There are two shredco containers located at EB3206E and in the freight elevator for documents that need shredding. Also there will be a couple of large trash containers located on the 32nd floor today 11/2/01 and next Friday 11/9/01. Please start the cleanup process. Remember: 1. You can only move 6 boxes per person plus equipment 2. Take home all IPAQ'S, Blackberry's, Palm Pilots and Laptops Friday 11/9/01 so that nothing is misplaced 3. If you have a cellular phone charger on your desk....don't forget to pack 4. Clean out all Voicemails by 5:00 PM on Friday 11/9/01 5. The new Enron Building will be closed to all until 5:00 AM on Monday Morning. If you try to come up here, you will not be allowed in the building. 6. Please give your User ID and Password to your assistant so she/he can make sure that everything is up and running for you on Monday morning. 7. If you have a headset, please pack it. They will not be installed until Monday morning. 8. Since there are no amtels moving, please be sure you have MSN messenger installed in your computer because this is what your assistant will use to give you your messages. If you do not have it, your assistant can help you install it. 9. Please label your PC, Boxes (on the ends), and cradles, scanners, etc. You will have a new mouse and keyboard in the new building and your monitors will have speakers on them so you don't have If you have any other questions or concerns, please let me know.
Move Information
In preparation for the upcoming move to Enron Center South we are moving your Home Directories to a new trading cluster. WHAT YOU NEED TO DO: This will occur for you this EVENING after 6PM. We will need to restart your computer in order to complete this action. Please log out or your computer by 6PM, if the machine is not logged off we will reboot the machine in order to complete these actions. Save your data before going home this evening. If you have outstanding circumstances that we should address, please reply to this e-mail and we will change our schedule accordingly. HERE ARE A FEW OF THE BENEFITS OF THIS ACTION: Newer, more stable environment More disk space available for common data Faster network connections HOW THIS WILL EFFECT YOU: If you are a laptop user and have to work at home, you should save any work to your 'C:' drive on the laptop. DO NOT use the "My Documents" folder. When you return to work and reconnect to the network, any changes made to files/folders in the "My Documents" folder may be deleted from the laptop. Laptops reconnecting to the network for the first time will receive a synchronization error. RESOLUTION: Please call the Resolution Center (x3-1411) and they will correct the problem ASAP. We will have additional Technicians available on the floor if the Resolution Center has any problems.
IMPORTANT! Actions this evening.
Dear Alumni, The Health Trust organization is seeking a Director to implement an outreach program within Santa Clara and Northern San Benito Counties. Interested candidates can contact Jan Buzbee (MNC-712)with cover letter and resume. Contact information is listed following job description. Thank you.
Career Opportunity: Director with The Health Trust in San Jose, CA
Dear Alumni, Please see unique career opportunity for Director of Marketing and Sales with North Atlantic Books/Frog, Ltd. in Berkeley, CA. Interested candidates should send cover letter and resume to contact listed following job description. Thank you.
Career Opportunity: Director of Marketing and Sales with North Atlantic Books/Frog, Ltd. in Berkeley, CA.
Kevin, I am the executive recruiter you spoke to today about new job opportunities. Thanks very much for your time. As discussed, I've attached my contact information for your records. Please send your resume back to me in Word format and let's make arrangements to discuss your background and interests in new job opportunities. You can find more information about my firm at www.firstcallassociates.com. We are very familiar with the nuances of the energy trading business and have built relationships with many energy companies in North America enabling us to present qualified employees for their consideration. Adrian Clark Director First Call Associates, Inc. 8 Andrew Dr. Canton, CT 06019 (860)693-4122 (860)693-4118 (fax)
First Call Contact Information
In case I did not find each of you personally, please be aware that as in the past with new Active X releases you will each be receiving the new version first. Each of you will have a new version of the website this evening, Friday November 16th. You should not notice any changes, but if you do experience any problems please call me. Thank you,
New Active X for EOL Website
Great Lakes representative, Martin Wilde, is stopping by tomorrow @ 3:00. I have set up this time to discuss with him his operations and present to him any questions we have. Please let me know if you can attend. Thanks
Great Lakes representative
Pam Anderson from Intercontinental Exchange will be giving an ICE presentation on Tuesday, May 22 in EB 32C2 at 3:00 pm . Please let me know if you plan on attending. Thanks,
ICE Presentation
Dear Alumni, Please see opportunity for Director, International Education with IDP Education Australia in Washington, DC. Interested candidates should e-mail cover letter and resume by November 30, 2001 to contact listed following job description. Thank you.
Career Opportunity: Director, International Education with IDP Education Australia in Washington, DC.
Kevin, This has to be one of the *ugly* games of the year. The only saving grace (and it isn't much of one either) is that the winner gets to say they won their last game. For Cal, that would be their only win. I'm going to be in OC at my in-laws, and I'm going to try to get an Internet broadcast. If Rutgers wins, I'll buy you a drink the next time I see you (actually I'll buy you a drink regardless). Hi to Lisa - hope you guys have a Happy Thanksgiving.
Cal vs. Rutgers - will anyone go to watch?
Dear Alumni, The Catalog for Giving of New York City is searching for an Executive Director for their organization. Please note that the application deadline is December 7th., 2001. Contact information is listed following job description. Thank you.
Career Opportunity: Executive Director with The Catalog for Giving of New York City
This is the notice that the May 2001 release of NEWGen is available on the web site www.rdionline.com. You are receiving this email because you have been given access to NEWGen through this web site. If you do not want to receive this email, please send a note saying unsubscribe me to newgen@ftenergy.com. NEWGen Staff
NEWGen May release
Kevin, We are done at NX1 minus ($0.105). EES sells ANR-LA paper to ENA for the monthly volumes attached on the ANR-LA.xls file attached down below. Thanks,
ANR-LA Paper Bid
Begining 6/4/01 most North American Gas and Power quotes will be displayed on and transactable from the TRUEQUOTE trading platform. Please call me if you have any questions or need more information. Thanks. Savita X31787
EnronOnline Quotes on TRUEQUOTE
Stacy, Kevin Ruscitti has requested a secondary firm ANR ML7 phy gas product for EOL. I have located some language that you and Dale worked on back in May of 2000. Please let me know if this language will be OK for our needs. Also, will the current GTC for Phy gas need to be revised in any way? Thanks,
Secondary firm delivery
Reminder The Enron Oral History Project Continues... "Using History to Help Enron Become the World's Leading Company" How can an understanding of strategic choices, regulatory change and corporate culture help Enron achieve its vision? Speaker: Joseph Pratt, Cullen Professor of History and Business, University of Houston and Co-Director, Enron Oral History Project Thursday, June 7 11:30 a.m. to 12:30 p.m. EB 5C2 To Make a Reservation, Call 3-1941 and Select Option 1 Lunch will not be provided, but you are welcome to bring your own. Please inform us ahead of time if you need special accommodations to participate in this meeting. Call 3-9390.
Reminder
Thank you for registering for the AOL Instant Messenger(SM) service! Your registration for screen name ruscitti1 has been received. You are now one step away from being able to: * Communicate instantly -- it's fast, easy, fun and free!
AOL Instant Messenger Confirmation
Dear Alumni, Below you will find the job descriptions and contact information for some immediate job openings available with Nortel Networks. There are 5 positions available, location based in Mexico City. Thank you,
Opportunities available with Nortel Networks in Mexico City
Class of '96, Well the big 5-year reunion is final upon us! Events start this Friday and we are looking forward to seeing you in LA! We have heard from just about everyone regarding your attendance, and are pleased to hear that we will have such a great turn-out! Should be an awesome weekend -- if you
Anderson '96 Reunion - Register NOW!
Dear Alumni, Please see opportunity for Investment Banking Associate with the Denver office of Tucker Anthony Sutro Capital Markets. Please respond to contact information found below job description. Thank you,
Investment Banking Associate Opportunity
Dear Alumni, This leading healthcare consulting firm in San Francisco, CA has two opportunities available. If interested in either the Principal/Senior Consultant and/or the Consultant position with BDC Advisors, please respond to the contact listed below. Thank you.
Career Opportunities: Principal/Senior Consultant and Consultant with BDC Advisors in San Francisco, CA.
Dear Alumni, Mattel, Inc. in El Segundo, CA is searching for a Senior Analyst for their Strategic Planning, Girls division. Interested candidates should send their cover letter and resume to Brad Armistead, Senior Manager-Strategic Planning. Contact e-mail is listed following job description. Thank you.
Career Opportunity: Senior Analyst with Mattel, Inc. in El Segundo, CA.
We'll just be doing some house shopping. I think we're going to postpone the upgrade to the existing house and look to buy a new house. This would eliminate the need to move out for 6 months. I'm dying to live in a house that is complete. Anyway, besides this we
This Weekend
Stamos, I don't think many buying opportunities out there. The economy is going to get crushed this year. There's only one place to put one's money now, and that is in cash. The manufacturing sector is in dire straits and you will continue to see an increase in plant shutdowns and company layoffs. The Fed could continue to lower rates but there'll be little capital investment if consumer spending dries up. I feel we've just seen the beginning. I think the Dow will be trading under 8000 by the end of April. Psychologically, the California crisis will add to consumer fear. The crisis is not a short term problem. As a result, barring any Federal bailout, you could kiss that state's economy goodbye. Let me ask you a question; if you were paying (1) the highest real estate prices in the country, and (2) the highest energy prices for the least reliable power, in (3) the midst of a hi-tech meltdown, what would keep you or your company from closing shop and moving to a different state?? If you own any CA real estate, sell. The only way to solve the CA energy crisis is to reduce demand or increase supply. Since CA doesn't want any power plants in its backyard, the supply issue likely won't be solved anytime soon. So, how do impact demand?? You have to price energy(power/gas) so high that the discretionary user (household, manufacturer, commercial store) conserves by closing its plant, cutting back on the thermastat or running the commercial operation during off-peak hours. California will see this reduction in demand over time. If the blackouts subside it's because so many businesses have closed their doors for good or moved to another state. Without this, the blackouts will get much worse. If the state tries to get into the business of buying and selling electricity and gas, I would bet it will go bankrupt within 2-3 yrs. Could you imagine the impact on the national economy from the bankruptcy of the U.S.'s most prosperous state. Obviously this is only my opinion, but I would keep my eyes on the energy markets - that's where the key to the turnaround lies. Take Care and thanks for the email. Kevin
Good Buying Opportunity????
BL, Have you experienced any blackouts yet? I think you'll see a lot this summer. What does everyone think about the situation? Do they think it's a threat or not? I think the state is in for a horrific summer - I hope it doesn't turn out that way, but it'll be incredibly difficult to avoid. Hope everything's going well with work and with the family. When's the next time you'll be in Dallas? Let me know. KR
Portable Generator
Attached is a list of all non-index, bid week trades for Michcon, Consumers, and ML7. Please let me know if you have any questions. Thanks,
Bid Week Prices for March '01
Bri, What's the deal with this Gray Davis guy? What's your opinion on him? He's pretty much out to lunch on this whole energy crisis thing. I was wondering how the citizens of California viewed him. Hope everything is going well with Kim, Kendall and yourself. Talk to you soon. Send an updated picture if you have one. Kevin
Gray Davis
Hope all is well. I haven't forgot abt the Hawaiin Electric position. I'll try to get in touch with my friend today. I've been out of town for the last few days. Kevin
<Irene Pappas
Hunter, Per your request. 1.) Traded the Gulf Coast region starting in Sept/Oct 1999. - Developed valuable customer relationships - Managed Gulf position with Tom Donahoe - Gulf book was profitable during this time period. 2.) Moved to Market Book in January 2000. - Responsible for trading Michigan and Wisconsin markets - Managed Market Book w/ Patrice Thurston. - Market book is profitable 3.) Managed own book starting in May 2000. - More than doubled daily volume traded in both Michcon and Consumers. - Developed and managed multiple products on EOL including
PRC
TJ, Thanks for the congratulatory message you left on our voicemail - it made us feel great. We actually didn't go on a honeymoon - we will take one sometime next year. We've just been swamped with the house we recently bought. We bought an old small bungalow in the city. What a money pit. Hope everything is going great. Tell everyone we said hi. Thanks again,
Wedding
Susan, Could you please provide me with copies of the attached contracts. I think you received a similar request from Tom Donaho. Contact me if you have any questions. Thanks for your help. Kevin P.S. My desk # is 3234D and my telephone number is 3-6320.
Contracts
Chump, Long time no hear. Sorry it's taken me so long to touch base with you. Between work, the wedding, and the fact that we just purchased a house (pending inspections) I've been pretty stressed. As far as the wedding goes Lisa and I have decided to scale down considerably. We're only going to have immediately family and the folks in the wedding party. For me that includes you of course, Moller, Kampy and Peremes (even though she won't be in the wedding). Don't tell her though, she's the only one I haven't mentioned anything to. I'll make sure you and Moller get to share a room. I feel kinda bad about not inviting Lowery since I was in his wedding, but I don't feel like dealing with Kim. She's really annoyed me the last few times I've seen her. We still plan on having it at the B&B in Long Beach Island. We'll have a catered dinner for about 45 folks. It should be more manageable and cheaper this way. Do you have the exact date when you'll move back to the states? I'm psyched you'll be a lot closer. You could swing over to Houston and check out the new house. By that time we should have it in decent shape. We bought the ugliest, most beat-up house on the block. It definitely needs a lot of work. We'll be busy for the next year working on it. I think when it's done, it'll look pretty cool. Anyway, send me an email and let me know how everything's going and when you'll be back. Take care and tell Marie we said hi. Kevin
Wedding
Could you please extend the guest id that expired for FTEnergy, the publisher of gas daily. Please call me when this is completed. We need to have these folks view our daily indices. Thanks,
FTEnergy
Dave, It was great getting a chance to finanlly meet the other night. Hope you enjoyed dinner. Since then, I've been thinking abt some of our conversation re: the PBR. I have a quick question - why wouldn't you under withdraw in Feb and over withdraw in Mar if Mar is currently higher than Feb. You could lock this in by buying Mar forward. Also, what happens if you withdraw in Mar and the Summer peaks higher than what you withdrew at? How is this accounted for? I'll talk to you after you get back from Houston. Kevin
What's up?
Steve, I think you may have heard a request last week re working closely with Dynegy. I think we just need to treat them like other counterparties. Basically, West Power would like to enter into arms length physical power and service transactions with Dynegy. My understanding is that Dynegy is a separate, unrelated party until the merger closes. Therefore, we can not "collaborate" with them commercially and our transaction policy is dictated by customary credit, legal and risk management procedures. Is this correct? If so, how do you feel about the following? An Enron customer wants to buy power and related services for one year. The customer requires Enron to post collateral. Enron does not want to post collateral but suggests that Enron can provide the product/services to Dynegy and Dynegy can then sell to the customer. The Enron marketer calls the Dynegy marketer and proposes a "back to back" transaction. Dynegy adds a small service fee, the Enron/Dynegy contract is executed and a Dynegy/Customer contract is executed. This type of deal happens frequently - it is usually driven by the third party having better credit, transmission access or a complementary service. We could do this with anyone, but the obvious choice is Dynegy - customers think it makes sense, and ultimately if we merge we have retained a customer. Do you think this works? Regards,
Potential Dynegy Transactions
Enron Kids No donation is too small! Please contact Stephanie Truss, 5-3861, or Martha Keesler, 5-2423, to make a cash donation. The deadline for making your cash donation is Thursday, December 6, 2001. EWS Legal Gordon Elementary School Adoption
Adopt a Kid - Reminder
Pursuant to Lora Kinner's request, I am attaching our form master netting agreement. The lawyer who will be working with you is Anne Koehler (713/853-3448; anne_koehler@enron.com). She is out of the office at a seminar and will be returning on Thursday, November 29. Please let me know if you have any questions or need anything else.
Master Netting Agreement
Mr. Bonnell: At Tanya's request I am sending you a draft of the amendment agreement which would include cash as eligible collateral. I look forward to hearing from you and your attorney. The reason why a cash margin payment is not a preference under the Bankruptcy Code is because Section 546 (g) specifically excludes payments made under swap agreements from the preference provisions. I would be happy to speak with your attorney about this.
Amendment
Please plan to attend a meeting today at 9:00 a.m. with Louise in ECS 06736. The subject is "Default Letters". Attendees: Carol St. Clair Elizabeth Sager Bill Bradford Debbie Brackett Thanks!
Meeting today at 9:00 a.m. with Louise
The non-payment list has been updated for cash receipts and conversations as of 4:00 today. If you have questions, let me know. Thanks, Leslie .
Updated cash receipts
PLEASE NOTE THAT THE MASTER NETTING MEETING WILL BE AT 11:00 (CDT) RATHER THAN 10:00 AT ECN 791. SORRY FOR INCONVENIENCE. Esmeralda, please be sure we keep conference room until 12. Thanks.
READ! CHANGE OF TIME FOR MEETING: MASTER NETTING
<<closing list.DOC>> Attached is a list of closing documents which I told Joe I would send. We have copies of the necessary UCC search certificates in our office. Lisa Mellencamp asks that you return the executed documents to our offices so that we may review them and coordinate execution by the Enron Parties. The UCC filing statements need not be signed. As to the changes requested in the Sager draft, Lisa, Robert and I agree that the language suggested for 2(e) of the Second Amendment was, as stated, only clarifying and need not be inserted in light of the balance of the text of the 2 (e) and the statements made in your proposed 8K. We understand that the other changes in the Sager draft were made in drafts subsequent to the one she was reviewing or are corrective only and will be made by you. Thanks for all the hard work. - closing list.DOC
closing list.DOC
The consensus of the group is to hold our meeting in Washington on November 12. We'll meet from 10-4. John Crespo has graciously offered to host the meeting at Hess' offices in Alexandria, Va. located at: Amerada Hess Corporation 2800 Eisenhower Avenue -- Third Floor
Drafting Committee Meeting - November 12
The 6 financial gas confirms have been returned to us, signed by New Power. I have not heard whether we have received all the physical gas confirms yet and we are still trying to find out what financial power deals were concluded. Marcus
New Power Financial Gas Confirmations
Subject: 11 Importance: High You have got to read this..........too much......read until the end...... > Original Letter: > > The date of the attack: 9/11 - 9 + 1 + 1 = 11 > September 11th is the 254th day of the year: 2 + 5 + 4 = 11 > After September 11th there are 111 days left to the end of the year. > 119 is the area code to Iraq/Iran. 1 + 1 + 9 = 11 > Twin Towers - standing side by side, looks like the number 11 > The first plane to hit the towers was Flight 11 > > I Have More....... > State of New York - The 11th State added to the Union > New York City - 11 Letters > Afghanistan - 11 Letters > The Pentagon - 11 Letters
this is way funny
The EWS Legal Year End PRC Meeting is scheduled for Tuesday, December 11, beginning at Noon and lasting until all PRC matters are completed. The meeting will be held in ECN49C1. A conference bridgeline will be set up and lunch will be provided. Please plan to attend. Thank you.
EWS Legal Year End PRC Meeting
David: We need your and your firms' assistance regarding various forward contract issues that we continually seem to face as we develop new trading products and as we deal with our existing contracts in a distressed counterparty or bankruptcy situation. I thought that it would be helpful to summarize what we need done before we talk to you. Here are the areas that we need your advice on: 1. Obtaining Forward Contract Status a. All requirements deals b. bundled service contracts c. can only forward contract merchants terminate? If enter into single output contracts, does that affect our status as a forward contract merchant? (ewg, QF issues) d. review of Polaroid contract e. Review of EES retail contracts in general f. spot masters - are they forward contracts? 2. Termination Payments - is it considered a pre-petition or post-petition claim? 3. Utility Status - is any Enron entity a utility under the Code? 4. Swaps - can some of our "physical" contracts be recharacterized as swaps? 5. Collateral other than cash and LC's - can it be liquidated without relief from the stay? Ed Essandoh, an attorney with EES, will be faxing to you a copy of the Energy Management Agreement that EES has with Polaroid Corporation. We would like for you to review it and give us your thoughts on whether it would qualify as a forward contract. Ed's direct dial number is 713-345-8939. Can you contact my assistant, Sandy Haldeman, to schedule some time for Ed and I to talk to you about the above? Sandy's direct dial number is 713-345-3879. I will be out of pocket most of tomorrow morning but feel free to call Ed directly with respect to the Polaroid contract. We have assumed that your firm will not have a conflict on this but if this is a problem, please let us know.
Forward Contract Advice
I spoke with Jack Foley at PG&E regarding rolling the standstill agreement until end of November. We are renewing our l/c's until Nov 30 and Dave Sena will be sending an amendment to the standstill through Nov 20. I will let you know when I receive something. Bill
PG&E Standstill
=20 =09 Utilities Biweekly Report =09 A news service for energy professionals =09 October 17, 2001 =09 To Remove, Substitute or Add an email address to our list, please send bri= ef message to msid@ieee.org=20 =20 =20 FERC Rejects Reasons for Suppliers Higher Prices In an order issued on October 5, the Federal Energy Regulatory Commission = (FERC) rejected the cost justifications of several power suppliers that so= ld wholesale electricity above the proxy market-clearing price during July= 2001. The electricity had been sold into the California Independent Syste= m Operator (CA-ISO) and Western Systems Coordinating Council (WSCC). FERC = said that the justifications from Dynegy, Reliant Energy, Mirant, and Willi= ams Energy were "either untimely filed and/or unsupported" and has ordered= refunds on those transactions. The four suppliers submitted their cost ju= stifications in compliance with FERC's April 26 order that established pri= ce mitigation for sales into the CA-ISO's spot markets starting in late Ma= y. That order required power suppliers and generators who submitted bids a= bove the market-clearing price to file a justification for the higher pric= es within seven days of the end of the month in which the sale occurred. F= ERC did not disclose how much money would be refunded since the four compa= nies requested that the matter be treated confidentially. In a separate ca= se, FERC Administrative Law Judge Bruce Birchman has until March 8 to issu= e a report on whether California is entitled to refunds of nearly $9 billi= on for wholesale power purchases when prices skyrocketed in the past year.= The report's recommendations will be considered by FERC commissioners for= further action. =20 Nuclear plant had long list of failings Inexperience, sloppy work habits and poor maintenance increased the chance= s of dangerous accidents at the Bruce nuclear power station in Ontario, th= e world's largest atomic facility, says a secret report obtained by The Gl= obe and Mail. The report was compiled in 1998 by a group of highly trained= , independent nuclear experts from the World Association of Nuclear Operat= ors (WANO), an industry advisory group based in Atlanta. It was given to O= ntario Power Generation, the provincially owned utility, the following year= . Among its findings: Some operators were unaware of such important topics= as the time it would take for water in reactors to begin boiling away if = flows of cooling water were blocked. Nuclear-plant operators disconnected = warning alarms they found too noisy. Operators sometimes did not watch ins= trument control panels, but had their backs turned to them, which could sl= ow any response to a problem. "Should an inadvertent loss of primary heat = transport coolant occur, operator response could be delayed, resulting in = a loss of core cooling." More than 2,500 nuclear-plant modifications were = not incorporated into design manuals, leading to confusion about how the p= lant actually runs. There was a backlog in preventive and corrective maint= enance and some maintenance work was poorly done. WANO tried to block The = Globe's access to the report, which listed dozens of other sloppy practice= s at the Bruce facility, and a second related report that found troubling = safety lapses at the Pickering nuclear station. But the organization recen= tly abandoned a court challenge seeking to have the documents remain confi= dential. It is the first time WANO reports assessing the performance of nu= clear plants have been publicly released anywhere in the world. A Bruce st= ation official said its performance has improved dramatically since the cr= itical report was written. WANO now considers Bruce "one of the fastest im= proving nuclear plants in North America," said Duncan Hawthorne, chief exe= cutive officer at the site. One nuclear energy critic said concerns raised = in the report about possible loss of cooling -- an interruption in the flo=
Utilities Biweekly Report
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Real Deals From Excite Travel
On Thursday afternoon, I received from NRG all of the transcripts of communications that they recorded between the parties. Here is my short summary: There are six transcripts. Five of them seem pretty good for us. One is truly awful. Transcript 1 (May 4, 2001): NRG's Bill Stone talks to John Zurita about trying to come to terms on the deal. No terms are finalized. Transcript 2 (May 4, 2001): Stone calls Zurita back and proposes a price that Zurita agrees to. However, Zurita makes it clear that although many of the terms have been agreed to, "obviously we have to get agreements signed and get the lawyers involved and all that good stuff." Stone appears to recognize that the deal is not complete: "So we're really not done. Fuck." Transcript 3 (May 8, 2001): Stone simply leave a voicemail for Chuck Decker asking to get a confirm of the deal. Transcript 4 (May 8, 2001): Stone talks to Decker. Decker says: "Rogers Herndon is in charge of that. Okay? He has to put the pressure on the credit guys to get the credit shit put to bed. His words, and they're not exact, but they're pretty close to this, I consider the deal done, tell Bill the deal is done, assuming that the back offices communicate the needed information." Discussions are had about getting the credit folks together to iron out details. Transcript 5 (May 16, 2001) (THE BAD TAPE): Stone calls Zurita and sets him up, asking him a number of questions aimed at determining if there really is a binding and enforceable deal between the parties. When Stone asks "why don't you just tell me where you guys think the deal is?," Zurita replies: "I think -- I say the deal is done." Stone's next question: "Well, let me ask a question. What happens if gas goes to two bucks tomorrow? Do you still consider the deal done?" Zurita's answer: "Yep." And there's more. Stone next asks: "Are you guys going to stand on the deal for $70 for the five years? I mean, I just -- I mean, I just gotta know exactly where you stand." Zurita's answer: "The deal is done, yes." Ouch. This is not good.
NRG Dispute
Attached is the final draft of this paper for comment. It incorporates the comments of those who responded but there is time for further redrafting. However, given the filing deadline (Wednesday) further changes are likely to be wordsmithing unless someone vehemently objects to the structure. regards
Updated EPMI/EES draft ICAP paper
You forgot the small reminder on the festival Friday. Must have been all the football excitment at the end there. Anyway, the Houstonian carinval thing is Sunday October 28 from 4-6 pm. They request RSVPs at 713-685-6888 (although I'm sure they'd let you come anyway). There is also a "costume party" for the bigger kids one of those nights. If Ella and Sam were going I'm sure Eleanor would love to go (Alice is too young). I think it might be on that Friday or Saturday night (there is info. in the MDO on it). Have a good week.
Halloween Festival
Attached is the second draft of Enron's comments to FERC on ICAP. The structure of the paper is summarised below: 1. RTO's are a positive step forward for the industry. 2. Spot markets are a necessary part of RTO development to ensure that the RTO can manage real time realiability. 3. A well functioning spot market eliminates the need for separate capacity type products such as ICAP, reserve margin (i.e. it achieves the objectives of iCap). The paper incorporates theoretical and emperical evidence from other sectors of the economy and deregulation in other parts of the world to support this conclusion. 4. During the transition from a regulated environment to RTO's there may be a 'political' need for ICAP. Specifically states that any interim proposal should be limited to 2 years after RTO implementation. 5. If that is the case, the paper sets out the two common theoretical platforms which can be used as a basis for ICAP. 6. Proposes two options based on the theroetical platforms. We would appreciate input on two issues. Firstly, Enron needs to make a decision on whether to limit our position to reliance on spot markets (i.e. don't suggest an interim solution). While this is attractive, it is unlikely that Enron will get support from other participants (ICAP payments subsidize generation investment so no support from IPP's and consumers are not as confident as Enron that competitive markets will maintain reliability so they will want to sustain ICAP). Secondly, drafting comments on the paper generally. Please note that the final section, that proposes the Enron solution, requires substantial redrafting which will be done if the consensus is to propose such a solution. A final draft will be sent out on the morning of Tuesday 10/16, the paper will be filed Wednesday. regards
EPMI/EES draft ICAP paper
See attached items (clean and redline), including a general flow chart. Tax: I am providing you a copy as a heads up in respect of consideration of Canada tax issues. Stephen, these issues were previously developed when we closed the PGE master. Can you provide to me a short memo describing the resolution of the issues (my recollection is that resolution resulted in a post agreement tax letter agreement to be devised by you and tax counsel at Blakes.) Accounting: Information purposes. Joel: Financing issues. Others: Please review and comment on what is hopefully close to a final draft. Thank you everyone.
Draft of Master Netting Agreement Form
Good morning. Per Michael Tribolet's request, I am forwarding you graphs that display the high level detail of bankruptcy exposure by 1) Business Unit and 2) Enron Corp consolidated. Regarding the Portland General graph, please note that we currently have knowledge of only one counterparty exposure - PG&E. Please call me if you have any questions or comments. Thank you and have a great day. Regards,
Bankruptcy Exposure Graphs
To All: The following was decided at the conference call on October 3: (1) The participants asked that the organization plan reflect that the Drafting Committee performs the executive function and heavy lifting for the EEI Contract Working Group. The Drafting Committee will be redesignated the Executive Committee and the Working Group called the Membership Group. New members of the Drafting Committee will be appointed by the Co-Chairs and ratified by the Membership Group. I've attached a revised organizational plan to reflect these and other points raised during the conference call. (2) The Drafting Committee should meeting sometime during the first two weeks of November. Both AEP and Jones Day have offered to host the meeting in Columbus, Ohio. The dates under consideration are 11/6,11/7, 11/8, 11/13, 11/14, or 11/15. The Drafting Committee would give final approval for the optional provisions and collateral annex before they are posted on the EEI website. In addition, the Drafting Committee would discuss the future organization of the contract group and a proposal for non-EEI members to contribute membership fees. (3) Subject to any objection by those not on the call, Noel Trask of the Exelon Power Team will be permitted to join the Drafting Committee. Finally for those who do not know yet, I will be taking a position with Constellation Power Source effective November 5. At this time it is not clear who will be the EEI point of contact for the Master Contract group. EEI, however, is committed to continued sponsorship of the agreement and related activities. It is unclear what role I will have with the group's activities as a Constellation employee. I've thoroughly enjoyed working with you over the past three years and hope to stay in contact with all of you. Regards,
Upcoming EEI Contract Activities
Attached is the template settlement agreement for the EPMI assignment transactions. Bill and Tanya, can we get an updated copy of the transaction list (I think you may have identified some additional transactions since you ran the copy that I have in front of me). Bill, has anyone discussed with you the "message" that these transactions may be sending to counterparties ... you have probably already discussed this with Louise and John and others, but if not, we may want to make sure we are on the same page as to communications with counterparties before we get the ball rolling.
Settlement Agreement
All, attached is a redline of Master Netting Agreement against the previous Cook c draft and the proposed Collateral Annex. Please review and provide your comments to me by first thing Tuesday morning. Major issues for resolution: 1. We have determined that we should file on cash collateral in Canada. Peter Keohane is reviewing the forms and processes for such, including how to determine and establish priority with respect to same. Peter will coordinate with Credit concerning the mechanics of accomplishing the filings. 2. Due to the continued concern by some counsel in respect of mutuality issues for setoff and netted settlement (another form of setoff) "aggregate liability clauses" set forth in 3a and 3b have been included for our consideration. We must come to a consensus as to whether this language/concept should/must be included. If the answer is yes, is the language included the best tactic? 3. Mary Perkins is reviewing LC matters with banks to be sure the modified format set forth in this draft is satisfactory. Timing Objective: Our objective is to provide everyone another draft on Tuesday and finalize on Wednesday. This will require a conference call sometime Monday afternoon. Carol, Rick, David, Peter and Elizabeth please provide Esmeralda Gonzalez, my assistant, at 713 345-7621 with your Monday afternoon availability and she will set a time and advise you. For those of you who had a prior draft of the Collateral Annex, I could not get this redlined for some reason, I apologize. Carol, since I am out Friday will you please call Cadwalader and be sure they received this. Further, will you ask them to review the NY choice of law provision in light of Canada cash collateral issue. Thank you. David and Rick, in your review please give special attention to the calculation mechanisms utilized for the determination of the Collateral Requirement. Esmeralda, after you have determined availability, please send email to Carol, Elizabeth, Rick Antonoff, David Mitchell and Peter Keohane advising of the time (Houston time). We will call other parties and do not need a call in number.
Master Netting Agreement
Attached is an Excel spreadsheet for ENA Legal Expenses (% allocation to teams). Please fill in the apporpriate percentages for your cost center for ENA and return them to me at your earliest convenience. If you have questions, please call Edie Leschber at 30669. Thanks.
ENA Teams
Elizabeth, I just spoke to Sheryl Rapp. She didn't know if she was suppose to take Ella to Brownies or not. Please confirm with her on her cell phone 713-859-5950 on way or another. Joy Lee
Ride to Brownies
The dial in number for the 3pm Eastern Time call on 10/3 is (800/860-2442). Ask for the EEI/Andy Katz call. The agenda is to discuss the following: 1) The plan for forming a contract organization. 2) The agenda and schedule for upcoming Working Group/Drafting Committee meetings 3) Adding new members to the Drafting Committee. 4) Development of an Alberta Power Pool Annex (by expanding the drafting committee to key players in Alberta).
Conference Call Info
All, I am pleased to report that we have resolved the infamous James River contract with BPA under favorable terms. The signed agreements are on my desk right now. Besides significantly reducing our litigation risk, the addition of 7.5 MW/h and the change of delivery point have added $22.8 million to the value of the contract. BPA and EPMI have amended the original contract to specify that (i) BPA will deliver 102 MW/h 24/7 for the 5-year term of the agreement (an increase of 7.5 MW/h over the original), (ii) the disputed "alternative delivery point" is designated as Mid-C, (iii) all language to the contrary is deleted from the agreement, (iv) the parties agree to "book out" the James River physical deliveries against EPMI sales to BPA at the Mid-C delivery point (so no power will flow); and (v) we will continue to invoice BPA each month for the term of the agreement, just as if the power was still flowing. Although my preference would have been to terminate the James River agreement, BPA refused to do so because it would not have been able to recover the costs of this contract in its rates. Similarly, I had hoped that we could do a one-time book-out, but BPA refused to do so because--according to BPA's finance person---such a book-out would have converted this to a financial deal requiring BPA to use mark-to-market accounting. Therefore, we executed two documents: one amending the original contract, and another called the "Book-Out Agreement," which sets out an agreement to book-out specific transactions over the next five years.
We have resolved the BPA-James River contract
Elizabeth: I am one of the contract attorneys from Bracewell & Patterson assisting EES on various projects. One of the matters which has been delegated to me is the review of a Master Power Purchase & Sale Agreement between EES and A'lones. I met with Richard Ring yesterday, and he indicated that you might be able to answer a few questions. First, Richard has informed me that ENA was heavily involved in the development of this document, and, as a result, the form is used "as is" and without amendment, save for information to be provided in the Cover Sheet. One of my "marching orders" is that choice of law provisions in EES paper should require Texas law. The Edison form opts for New York. Is this something that can be changed? Second, what about more substantive matters, such as who takes the lead in sending transaction confirmations? In the A'lones transaction, it is contemplated that EES will be the Buyer. The Edison form places primary confirmation obligations on the Seller. I am informed that EES prefers to be the confirming party, regardless of whether it is the buyer or seller. Is this something that can be changed? Third, there are a variety of typographical and reference errors. i.e. double commas (see paragraph 2.2), doubled phrases (paragraph 5.1(h)(i)), and possibly mistaken use of defined terms (see use of "Product" in second line of paragraphs 4.1 and 4.2). What is the Company's position on correcting these types of items? I apologize that this is being e-mailed, as it would probably be quicker by phone, but my connection to the phone system is lagging somewhat behind my connection to the computer network. Thank you for your time and attention. Scott L. Franck Bracewell & Patterson, L.L.P.
Edison Electric Institute/Master Power Purchase & Sale Agreement
Per the request of Bill Bradford attached are the marks for New Power as of COB 9/26/01. Also included are the past four margin letters that we have sent out but have not receive payment on. Please let me know if you need any additional information. Thank you
New Power
Elizabeth: Here is the draft. To the extent that it is helpful, EPMI is where PGET was in the last deal; Party A is where EPMI was last time; and Party B is Avista. It's late, and the document is getting confusing, so I'm sending it to you now without proofing it. I'm taking it home with me and will read it again tonight. Have an 8:00 conference call in Mary Cook's office or in the office that I am sitting in right now (Harry Collins' old office). Take care.
Draft Settlement Agreement
FYI: The draft Electric Supply and Transmission Act ("the Barton bill") being debated in the U.S. Congress proposes to make the following changes to BPA: ? The Bonneville Power Administration (BPA) transmission system is brought under FERC jurisdiction and authorized to participate in an RTO. BPA may engage in retail sales only to certain existing customers.
Proposed legislative changes affecting BPA
I hear that former Enron marketers Greg Wolfe and Holli Krebs will be joining AEP. AEP does not yet have an office in Portland, but Greg is working out of his house. Holli has not yet started work because her non-compete agreement is still in force.
Gossip
Elizabeth - Here are the comments from me and Dede. I have given it to our Credit Dept. and asked for comments but I doubt they will have much to add. Call me if you have any questions with what we wrote. With regard to the full-blown WSPP Collateral Annex, Dede and I think it would be better to get the EEI one in a final form before converting it over to fit into the WSPP. Otherwise, we could be revising the 2 documents in parallel. I am planning to get the short draft WSPP Collateral Annex over to you today. Thanks!
EEI Collateral Annex and Cover Sheet
To All: Please let me know your availability for a conference call next week on 10/1-10/3 or 10/5 at 2pm Eastern TIme to discuss the following: 1) Getting a EEI Contract Working Group organizational plan in place asap. The best antidote for preventing an Energy Industry Standards Board from taking over the EEI Contract management is to have a separate, well-defined and broadly-supported group in place. 3) Agenda and schedule for the next meeting of the Working Group. 3) Adding new members to the drafting committe. In particular, Noel Trask of the Excelon Power Team has asked to join. ASAP, I would like to get the optional provisions circulated earlier this week up on the website and through the listserver along w/ the announcement of our organizational proposal and future working group meetings. Thanks.
Availability for Conference Call
Elizabeth, We leave for Aspen this Saturday. I like to borrow your information on hiking trails in the area, especially the Mt. Sopris trail. Thanks.
Hiking and Miscellaneous Information
Please find attached Fritz' revisions to the optional EEI contract provisions that incorporate our discussions from August 7. Let either me or Fritz know if they accurately reflect your understanding of the those discussions. I'd like to post these to our website soon.
Revised Optional Language
Dear Elizabeth, It's the American Airlines Fare Sale we have all been waiting for! Today we received word that American has announced a fare sale that extends to travel taken through the end of March 2002. If you have been holding off on making your holiday travel arrangements, there's no need to wait any longer. We hope you discover your next exciting travel opportunity in this issue of Real Deals! Fare Sale Details and Sample Fares . Air - Free Stopovers from America West! Cruises - 4-Night Bahamas Cruise from $149! - Short Mexico Cruises from $199! - 7-Night East/West Caribbean Sailings from $399! - 7-Night Southern Caribbean Cruise from $399! Vacations - Hawaii! 4th Night FREE & MORE! - Amazing Las Vegas from $30! - Ski and Earn 25,000 AAdvantage Miles! - Sea & Summit Sale from $790 with air! Hotels - Visit San Francisco from $129.95 a Night! - Enjoy Weekend Rates from $49-$179! - $225 per Night at The Orchid! - Econo Lodge and Rodeway Inn ! Cars - Great Weekly Rates from Alamo! Exclusive Offers - Book a Trip to Win a Trip! Special Offers - $100 Savings in the Bahamas! ***AIR*** Free Stopovers from America West! America West is allowing you to combine a quick getaway of up to five days in Phoenix, Las Vegas, or Columbus with your next trip. Now through January 15, 2002, receive a free stopover in one of these great cities. Click here for details. ***CRUISES***Quick Bahamas and Caribbean Cruises from $149! Short on time, but long on relaxation, these 3- and 4-night sailings are tailor-made to rejuvenate your spirit--without breaking the bank!
Real Deals From Excite Travel - Fare Sale Alert
Please review and comment on the attached draft statement of organization for the EEI contract working group. Once the statement is agreed to by the drafting committee, I suggest we present it at the next meeting of the Working Group. Given the press of time, I would suggest holding that meeting at EEI the week of October 22. I would propose holding the next meeting of the Drafting Committee in early January around the 15th.
Proposed Staement of Organization
Math Homework A little boy was doing his math homework. He said to himself, "Two plus five, that son of a bitch is seven. Three plus six, that son of a bitch is nine. His mother heard what he was saying and gasped, "What are you doing?" The little boy answered, "I'm doing my math homework, Mom." "And this is how your teacher taught you to do it?" the mother asked. "Yes," he answered. Infuriated, the mother asked the teacher the next day, "What are you teaching my son in math?" The teacher replied, "Right now, we are learning addition." The mother asked "And are you teaching them to say 'two plus two, that son of a bitch is four'?" After the teacher stopped laughing, she answered, "What I taught them was two plus two, THE SUM OF WHICH, is four.'"
Math Homework
With the recent reorganizations of several commercial groups, it has become necessary to change our staff meetings. A "Policy Committee" of the Energy Legal Group has been established and will meet every other Monday at 11:00 am (CDT) in EB3321, starting on August 13, 2001. On the alternate Mondays, the Office of the General Counsel meeting with be held at 11:00 am (CDT) in EB3321. The meetings will be limited to one hour. Initially, the Policy Committee and the Office of General Counsel will include the individuals listed below. If you have any questions, please call me at 3-6544. Policy Committee Office of the General Counsel Alan Aronowitz Sami Arap Mark Evans Alan Aronowitz Mark Haedicke Justin Boyd Bruce Lundstrom Mary Nell Browning Julia Murray Deborah Culver John Novak Mark Evans Lance Schuler Barbara Gray Vicki Sharp Jeff Hodge Mark Taylor James Keller Peter Keohane Bruce Lundstrom Michelle Maynard Travis McCullough Julia Murray John Novak Dan Rogers Elizabeth Sager Richard Sanders Lance Schuler Vicki Sharp Mike D. Smith Mark Taylor Sheila Tweed Marcus Von Bock und Polach
Staff Meetings for the Energy Legal Group
Dear Colleagues: This fall, I will be running in the Portland Maine Marathon to raise funds and awareness for Leukemia research and support for affected patients and their families. Any contributions you are able to make to this worthy cause are much appreciated. Please see attached for additional details. Thank you very much in advance for your generous support. Best regards
PLEASE READ
We just have been asked to review on an expedited basis all material contracts of ENE and ENA for change-of-control type provisions. Please let us know what contracts or guidance you may have or know of; we need to begin reviewing/collecting information ASAP, i.e., this weekend. If you know of someone who should receive this e-mail but who has not, please forward. You may contact me at any of the below numbers. Thanks for your help. Regards, NJD
Material Contract Review -- ASAP
Would both of you mind taking a look at this first thing Monday and, if possible, give me your comments by COB. (So sorry for the crunch!) I need to send something to Mike by Monday evening for distribution Tuesday for Thursday's meeting. Shari - I know this is a little more detailed than the one you sent out to potential supporters, but we can resend it telling them that we added several items at the request of some of the other potential supporters. If you feel strongly about not including some of this, lets talk. Elizabeth - you too - if I included stuff that might be a "turn off" - or failed to include critical components, please let me know. Thanks.
WSPP Proposal
Our last match of the season is on Wednesday. We are playing at Lee LeClear, but I don't know what times yet. Most likely, it will be all 4 lines at 7:00pm. Can you play? Cindy Madi
Wed. Night
Attached is the REVISED Credit Watch List for November 5: Please note the changes to Mieco Inc. and Exelon Generation Company, LLC. Thank you. Please reply with any questions. Kortney x30616
REVISED Power Credit Watch List
Hoping to get a couple of courts of doubles at Memorial Park on Saturday @10:00am. Let me know if you want to play. Lunch afterwards for those interested. Cindy
Tennis
THE PLAN! The upcoming November 12th general meeting will be a special occasion. Businesses who share your concern for continually improving our community join the Houston Heights Association. Their dues, sponsorship and active participation help us make our neighborhood the unique and inviting place we all enjoy. Our November meeting will showcase the many area retailers that add convenience and quality to our daily lives. The theme of the program is "Holiday Shopping in the Heights". There is a wealth of marvellous shopping opportunities right here under our noses in the Heights. As a typical male, shopping is not real high on my list of life's pleasures. Don't get me wrong. I love giving gifts. It just the "getting them" part that I get stuck on. While cost is a factor, it is not the biggest issue. The idea of just zipping right down the street and picking a nice gift up does have a great deal of appeal. Saves gas. Saves valuable "golf" time. Gives me a chance to say hello to a few friends. The big shopping stickler remains "What to get for who and where?" What I need is "The Plan"! Well Happy Holidays! Merchants from the Heights have already done the all the leg work for us. They have put together "The Plan". They have a shopper's paradise of information that answers many of those age old questions like: Where can I shop in the Heights that does gift wrapping too? What the "in" gift to give my 8 year old niece? What an alternative to giving my significant other yet another kitchen appliance this year? What is a nice gift for Granny this year? Can you give me a map of how to get to the participating stores along with their holiday hours? What merchants offer special Holiday discounts for being an HHA member? What is the best way to get gifts shipped from the Heights and what are my deadlines? Where are the best places in the Heights to buy Holiday decorations and what are some new approaches? As our nation reaffirms it's believes and values this Holiday season, few are more important than the strength of our community. This holiday season make a pledge to do your shopping close to home - right here in the Houston Heights. Buy from that business owner that also is your friend, neighbor and member of the Houston Heights Association. See you at the fire station starting at 7 PM on Monday November 12th. Then see you just down the street at that unique Houston Heights shop buying that one of a kind gift for that special someone. - Mike Easley If you would like to be removed from this email announcement list, please reply back.
HHA General Meeting Monday, November 12th
Kevin and Elizabeth, Attached is a proposal summarizing our restructuring talks with VEPCO last week. We had proposed to them what Kevin had suggested, and they said their view on pricing in Virginia is slightly different (at a discount to PJM/VAP as against a premium suggested by us). They'd requested we send them some discussion points from our meeting today, so we can continue our discussions on an ongoing basis. Please review the bullet-point summary of our discussions last week, and the draft proposal. We would appreciate your quick comments - but keep in mind, this is just to stimulate further discussions with them. Our overall objective is to migrate them to a new contract and away from their rights to audit the last few years. Discussion summary: Both parties agree that the contract needs to be revised to reflect current market conditions (pricing, liquidated damages, etc.). Enron would retain flexibility around the physical delivery points. VEPCO would like to continue treating this as a call option (versus a firm delivery). Settlement: Would prefer the Day-Ahead index versus the hourly index Could also look at another PJM West index - VAP/Alleghany Will look at alternate times for calling on power, if necessary Would like to renegotiate by 12/01/01 Rahil
VEPCO