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Thanks, John
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And I'm expecting the same from you.
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Jennifer: I'll be here, 3221F, tomorrow from 7:00 - 8:00 and 8:30-9:00 am.
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Thanks John
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Sarah: Can you create a spreadsheet summarizing Enron's open futures interest broken down by commodity and broker, including maintenance and initial margin for all commodities (including rates, currencies, gas, crude, etc).
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Also, can you create a list of all margin financing agreements in place and the rates we pay.
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Thanks, John
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Fine
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Thanks.
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This is a project we should have done 5 years ago.
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John
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Hey: So I was thinking about your NY problem...I might have an answer.
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The site lists cheap hotel specials.
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The problem is they won't list them until the Wednesday before the weekend.
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Check it out though.
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They have some reasonable deals.
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John
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Must be nice to be a Wall Street executive
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Thanks, have a good time but no interest..
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John
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Dave: I was thinking about our conversation yesterday.
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If El Paso, absent this power deal, were to give us physical gas for 8 years discounted at their WACC in exchange for an upfront cash payment from ENE, is that transaction a mark-to-market gain for us?
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If not, what's the difference in paying them with an asset rather than cash.
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If it is a mark-to-market gain, isn't this a way to generate false P&L?
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John
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Ina: Did you find out the info on the ENA management committee> John
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How about Tuesday at either 6:45 am or 2:15 pm my time.
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Hey: Can you send me the file that you produced of those names so I can shrink it down a little?
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Thanks, John
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You didnt realize I was such a fucking bigshot did ya?
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Check out the Sep 11 Fortune page 182 for more of the mojo.
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Just some feedback on our EOL discussion.
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Whalley had similar thoughts about how to address the ICE issue.
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His thoughts are that if we are 4/5 on EOL, we post 1/8 on ICE.
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If someone betters the bid to 1.5, a logic server automatically bumps up our bid to 1.75.
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If someone betters that to 2 bid, we immediately go 2.25 bid.
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So we are always the best market on ICE so long as it is not inside our EOL 2-way.
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Thus the only way our best market shows on ICE is if without us the market is 3.75/5.25, at which point our 4/5 market gets shown.
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If the 3.75 bid pulls out, so does our 4 bid.
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Our proposal was that if EOL was 4/5 we would always show ICE 3.75/5.25.
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Think about which system you like better.
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Whalley loved Fletch's idea of running tally of brokerage saved and that will be implemented shortly.
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I am going to call another EOL meeting for everyone on the gas floor managing a product this week.
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The purpose will be to communicate about the importance of winning the electronic commerce game through a combination of improving 2-ways and killing the broker markets.
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Dave: Just a reminder, can you send me a list of grandchildren to my products.
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Also, is it possible to systems-wise deny grandchildren to a specific product to ensure that the rule is enforced?
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John
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Ted: Lavorato wanted me to check on the $5,000,000 VAR extension.
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Is it possible to get this extended indefinitely until the west basis market settles down?
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We will have a good percentage of the west position rolling off over the next week as well as indices get published.
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Please advise ASAP.
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John
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Thanks
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yes
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I have never commented favorably nor unfavorably about Kase's newsletter.
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I think publishing independent market evaluations could be beneficial.
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The more interesting content that is published, the better.
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Just FYI, whether it matters or not, but commissions in gas average $3-4 a contract.
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Not sure about power.
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And you wonder why America is the most productive country in the world.
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Frank: How do Sep basis positions roll off?
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John
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Fine with me
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Please contact John Lavorato.
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He will be in charge of these budgetary issues.
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Thanks, John
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She's out no bitch
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Can you handle this please?
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Attached are settles tonight for seasons and years for next 10 years.
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Dutch is working on getting historical curves.
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He should have it by tomorrow morning.
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John
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Did you get the magazines I sent you?
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Glad to see you're having so much fun with this.
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I've been here 5.5 years with nothing and then in one week I'm in Fortune and Time.
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Pretty funny.
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Things are going well here .
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The big E just chugging along, bringing the stock price with it.
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Wish I could tell you everything new in my life, but I think I just did.
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Your long lost buddy, John
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I have a membership to the Body Shop downstairs.
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Can you cancel that please?
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The Fortune article is about grassroots change within a company.
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It is written about the lady who started EOL, but I'm in it a little.
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Chief of natural gas derivatives...I'm not really sure what that means.
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I run the Nymex book now but not the floor..just the derivatives desk of five people.
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I'm actually going to Costa Rica tomorrow morn thru Monday.
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Never been but heard it's beautiful.
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Next time you're in we'll go out.
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Please take me off your email list
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Cliff: I have 4 tix to the Black Crowes for you, third row center.
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Where's your office now?
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I'll come up and say hello this afternoon if you have a minute.
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John
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just checking up on the status of the margin project....
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take me off your mailing list
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Take me off your mail list
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Yea...can you come by around 5:30?
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Next Wednesday....
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Please take care of
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