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Did this go ok.
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Rick
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Please do not extend offers of employment to anyone without checking with me first.
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This does not mean a freeze but rather I want to be sure there isn't a person in RAC that may be better suited, or could be with a little training, for a particular position.
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Thanks, Rick
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to your hearts content
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fine
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I was really hoping we could do this on a best efforts basis with all of us covering any issues arising during the month of December.
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Since there seems to be insistence on a date certain there is no choice but to have Steve start in EBS on 1-1-2001.
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Ted can't physically be there until then.
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It will be difficult to have full RAC responsibility without physically being there.
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Rick
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you have been busy haven't you, rick
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I am not sure I understand this.
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Can I still surf without going thru the Enron system?
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Can I still use AOL?
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I will only need full Enron access about half the time the rest a direct dsl internet connection is what I want.
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Is the DSL line on all the time or is it still dial up.?
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Rick
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not to worry- we won't be cutting your budget.
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lets discuss when you get back.
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rick
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Sounds great.
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Don't build me a Rolls when a Chevy will do.
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Rick
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wow!
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pretty bold move assuming you had a choice.
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i will be in london next week, i'll try to give you a call.
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rick
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I have already left him a voice mail.
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Will let you know when I hear.
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Tx Rick
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Approve as written.
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(Continue to hate the deal).
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Rick
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fyi-comments?
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rick
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This is fine by me.
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Do you need hard copy of signature.
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Rick
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fyi, rick
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London???
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How do we include?
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Rick
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Thank you very much for taking the time to provide this feedback.
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Feedback, both positive and negative, is critical to improving performance.
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Rick Buy
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a "senses"??
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i love chi-knees- rick
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fyi, rick
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Can you please add Greg Whalley to the distribution on this report, which by the way is quite bebficial to us.
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Tx Rick Buy
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sounds like an opportunity for our illustrious steel team!
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Totally supportive of candidate.
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I hope we can get her.
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Only issue was reluctance to move to Houston or London.
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That will hurt us eventually.
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Rick
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Bad problem, good response.
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Are there any others where price wasn't being updated?
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Rick
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Spoke with Jeff re TXU.
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Lets discuss when you have a minute.
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Rick
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Missed your call today and I will be in RAC PRC all day tomorrow.
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Basically Jeff said we must get this exposure down but gave no parameters to the statement.
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He did ask if any recent issue is causing us concern to which we said no, and I also said we know more about this company than any other exposure we have (which we should).
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I also spoke with M. Kopper today and he thinks the proposed deal w/ TXU to pay slightly more for a plant with the proviso that we get a cleaner contract is a good idea, rather than paying a lot of money to an investment bank.
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Moral of story in my opinion is to try and improve deal structure with TXU through the plant purchase or other structured deal.
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Do no more (large) deals with TXU that significantly increase credit exposure ($10mm??) unless we buy a derivative that reduces exposure simultaneously.
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Continue to stay on top of TXU with frequent meetings with their management to maintain a close relationship with good communication.
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Lets try and discuss Wed if possible.
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i guess this is the answer to my inquiry on cypress issue-rick
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great news!
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i think the ad swap idea is one of the most creative things to happen around here in quite a while.
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rick
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Looks good to me.
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Rick Buy (Please pass along to John S. )
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Good job.
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Keep moving it forward.
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If moving forward it will improve.
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Rick
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I think you should arrange for a formal presentation of this material to myself and other folks in RAC.
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I believe this is the direction of future risk control activity and all of us need to be updated.
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Scheduling something after the board meeting would be helpful.
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Tx Rick
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Karen- please print this out.
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I need to edit this.
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Thanks, Rick
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This slipped thru the cracks- are we still going to do?
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Did you do it already?
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Rick
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did i send this to already?
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fyi.
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this was very contentious at India mtg w/ Lay & Skilling.
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We need to understand what our exposure is.
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You need to become our India expert.
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Tx Rick
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Kind of old but still relavent.
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FYI Rick
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