text
stringlengths
1
1.9k
employee_id
stringclasses
45 values
__index_level_0__
int64
0
36.6k
John.
dev01
400
Sorry Jim but I left you a voicemail saying that there was no material loss in trading.
dev01
401
Ed Set up a meeting with me and you to discuss this report.
dev01
402
Fifty dollars.
dev01
403
It sounds like I need to clafify my plans for trading and risk management of power in Ontario.
dev01
404
1.
dev01
405
Garrett is in Toronto and should be doing everything possible to try to understand all the ins and outs of the Ontario Power Market including building forward curves.
dev01
406
He has dual reporting to Paul Devries (head of the Enron's Toronto operation) and Dana Davies (head of ENA power trading for the Northeast U.S.).
dev01
407
Dana has ultimate risk management responsibility for Ontario.
dev01
408
2.
dev01
409
My current opinion is that we should trade Ontario out of the Toronto office with risk management responsibilities rolling into Dana.
dev01
410
This could always change in the future if it doesn't make sense.
dev01
411
3.
dev01
412
John Mckay, although he has been helping Bill out, will ultimately have no power trading responsibilities.
dev01
413
4.
dev01
414
Tom May is the cash trader in N.Y. reporting to Dana.
dev01
415
I expect us to use Tom's expertise with respect to Ontario to build up our competency there, however, Toms' main role will be N.Y. 5.
dev01
416
Garrett should spend some time (probably soon) in Houston getting to know the people and the technical resources available to him.
dev01
417
If anyone has any questions concerns please give me a call.
dev01
418
John
dev01
419
When we have made some inroads into SO2 analysis please set up another meeting with me.
dev01
420
No hurry.
dev01
421
You guys just peeked my interest last time and I would like to continue discussions.
dev01
422
John
dev01
423
I thought I would try to summarize our meeting this week and document a list of agreed apon tasks.
dev01
424
1.
dev01
425
The Unify system is on the brink of disaster and everyone agrees that we have huge business risk if it blows up.
dev01
426
--> Sally and Beth are going to document the steps we are taking to maintain the system and minimize the chances of a failure.
dev01
427
(everyone understands that this is a difficult task but it sounds like it should be a high priority) 2.
dev01
428
The database to run the gas books takes way too long and is leading to long hours on the part of our back office staff.
dev01
429
--> Beth is moving from Sun-O-S to Sun-Sularis which should allow us to address the problem.
dev01
430
We have 4 contractors working on this and we are expecting it to take 6 weeks.
dev01
431
Once this project is complete we can add hardware and reduce the time problems.
dev01
432
3.
dev01
433
The traders need better real time management tools that ultimately combine their physical and financial trades together and identify their real time risk.
dev01
434
TDS was a system that was built to help this however it does not meet all the traders needs.
dev01
435
This ultimately needs to be a system that is commissioned by the traders to meet their needs.
dev01
436
--> Phillip Allen is going to prepare a list of trader needs in consultation with all the gas desks heads.
dev01
437
After this Beth should try to come up with a plan to get a system that meets all the traders needs.
dev01
438
4.
dev01
439
The power system is unstable and fails on a regular basis.
dev01
440
This is leading to long hours on the part of our back office staff.
dev01
441
Beth has made progress in this area and we are going to monitor the improvements over the next 4 to 6 weeks to see if the improvements prove to be working.
dev01
442
5.
dev01
443
Steve Natt is going to put a plan together that meets with Kevin Presto's approval that addresses our needs with respect to all-requirements deals and volume management deals in the east.
dev01
444
6.
dev01
445
There will be no more business trips to London (somewhat kidding).
dev01
446
7.
dev01
447
Portland has issues with speed do to the fact that we still run their books through an interface with Houston.
dev01
448
--> John Lavorato will talk to Tim Beldon and Beth to determine whether its worthwile to put servers in Portland.
dev01
449
--> Since Tim was not in the meeting, John will make sure we are covering all his needs.
dev01
450
Where did you ever get the idea for this?
dev01
451
Dave I don't think I can follow up with 90 people.
dev01
452
Please advise me if I should be handling this or your group is hadling.
dev01
453
John
dev01
454
Jeff Please confirm that the assistants are going to the Houstonian to learn how to read the screens.
dev01
455
Dave Give me a call on the weekend if you get a chance.
dev01
456
I talked to Shankman and he talks about more groups going to Global than I thought.
dev01
457
Like to discuss.
dev01
458
Home 713-61-6096 Cell 713-417-3074
dev01
459
Tony Wow I don't think so.
dev01
460
I thought I would rewrite yours and correct some of the factual errors.
dev01
461
If you disagree please write me back.
dev01
462
I moved from our Houston office in 1994 to Calgary and in 1999 was named President of the Canadian operation.
dev01
463
We went from a small gas marketing shop to the dominant natural gas trader and originator in Canada.
dev01
464
It was absolutely awesome.
dev01
465
I had the time of my life.
dev01
466
We built the business with very little supervision from Houston into a major contributor to Enron Corp's bottom line.
dev01
467
These days, as many people know, we are using the same trading and risk management skills that we learned in the energy business to create liquid tradable markets in bandwidth, pulp and paper, coal, and many others.
dev01
468
So our newer people still have the chance to do what I did in Canada and help build revolutionary new businesses.
dev01
469
What a lot of people don't realize is how dominant our trading and risk management presence is in Natural Gas and Power.
dev01
470
The opportunities our outstanding and the challenges will test the best minds out there.
dev01
471
These businesses are interesting and very complicated with a million different variables to figure out ranging from the weather to the levels of gas storage in Montana to how to move power from New York to South Caralina.
dev01
472
You can't put gas and power on a truck or store them in a warehouse like other commodities.
dev01
473
Its not like trading bonds, where you sit around and try to figure out what the Fed is going to do.
dev01
474
It has much more complexity, and if you like trying to solve complex problems and your good at it.....get down here!
dev01
475
....
dev01
476
we need you!
dev01
477
John's callout quote Enron's not a place where you can hide.
dev01
478
If you can't get it done you won't fit in. But if you can, and you work hard, you'll get noticed, you'll excell, you'll get paid, and we're going to love you.
dev01
479
I think we should play on Wabamun - assume we are.
dev01
480
I was right on the legal question Jeff asked.
dev01
481
Julia was wrong.
dev01
482
She is dropping a note to Skilling.
dev01
483
You didn't attach anything.
dev01
484
I've been assured about funding before.
dev01
485
I would like to know what Canadian vehicle they are going to use.
dev01
486
Dave What is the status: Have they seen them.
dev01
487
If they haven't I would to talk to you about it.
dev01
488
print this in color.
dev01
489
Greg here is our info: John,Dina and Michael Lavorato Phone Home 713-661-6096 Work 713-853-7991
dev01
490
What type of industrial.
dev01
491
ie Chemical, Fertilizer etc.
dev01
492
Ed This stuff looks good.
dev01
493
Why don't you combine all your stuff, maybe include the org chart also and see if we can get a 3 or 4 page report.
dev01
494
Send it to me and I'll run if by Dave.
dev01
495
John I asked about loss limits a couple months ago and Ted said that they no longer report these numbers to the board.
dev01
496
However, I think we should get rid of the whole concept.
dev01
497
VAR is the relevant concept.
dev01
498
Please advise.
dev01
499