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She was at attention, throughout the meeting.....
dev33
Thanks very much, Doug.
dev33
Apologies.
dev33
I've had to focus a bit on the finance project (and slogging through the case has been long and painful).
dev33
I'll have my responses to 1-3 to Kim later this afternoon.
dev33
I didn't get an email on German GAAP from the professor.
dev33
Here's the exec sum draft that distributed hard copies of today.
dev33
it's going to change quite a bit based on today's work.
dev33
i'll try to turn it around by tomorrow for folks to look at.
dev33
Ditto, Christine: I've proposed some edits (for what they're worth) to Christine's fine work.
dev33
Kim, this case has left me brain dead ("compare the differences between the US Consitutation and the Magna Carta"---give me a break), so you may want to make sure that I haven't made any outrageous typos.
dev33
Best, Jeff
dev33
Greetings.
dev33
I have a conflict in the morning, but could join by conference calling beginning at 2 pm.
dev33
Is that possible.
dev33
If not, no big deal.
dev33
I, like Ralph, will catch up at the next meeting, and submit our ideas to Eve between now and then.
dev33
Let me know.
dev33
And I agree with Ralph re: staying focused on the most urgent issues.
dev33
Best, Jeff
dev33
Very glad to here that things have gone well thus far.
dev33
I'm keeping my fingers crossed that the good luck continues!
dev33
If we don't talk between now and Thursday, we'll talk then.
dev33
Best, Jeff
dev33
Not sure that you were on the email list for this.
dev33
Who's "Chris Fair?"
dev33
I don't think that's you.
dev33
Great.
dev33
How's 2 PM today?
dev33
I think at this point, any more changes, and we're going to blow our collective brains out.
dev33
But here's a question.
dev33
What interest rate did we use to calculate the interest the County receives on its "ending balance?"
dev33
Ted, you likely have a much better feel for this, but should it be something like the 3-month commercial paper rate, or something?
dev33
Did we use the 20-year treasury?
dev33
Again, I think we likely ought leave the thing along at this point, but thought I'd throw it out there.
dev33
Tell me that it doesn't matter, please.
dev33
And Ted, I thought we agreed that the interest rate was 5.720928373983039 (kidding).
dev33
Jackie: Good luck with Schwab.
dev33
I'll keep my fingers and toes crossed.
dev33
Best, Jeff
dev33
I agree.
dev33
My expectations for the new "California Energy Solutions Group" are low, but willing to give it a go.
dev33
I'm planning on having the piece done by lunch---working on it now.
dev33
Attached is the first message; there are 3 more messages, or so, which will only be (no more than) one more page.
dev33
New Yorker reviews Henry Moss in this week's issue.
dev33
Haven't read it yet.
dev33
Did you guys like it?
dev33
Cameron, what's the name of the bandwidth exchange firm that you guys did your deal with?
dev33
Bandwidth Exchange?
dev33
(I"m brain dead.)
dev33
Got your message re: reverse auction all of the utility's demand.
dev33
Getting (interestingly complicated), though.
dev33
Now, the utilities want to create a "core/noncore" split in electricity, like in gas (where large gas customers can't take commodity from the utility).
dev33
With a core/noncore split, Edison claims that QF contracts, nukes and other existing generation that it still holds is sufficient to meet "core" needs and it therefore may not need "contracts."
dev33
As you can imagine, large customers ain't clamoring to get thrown into the market as "noncore" customers right about now.
dev33
But they may find themselves without a choice.
dev33
I talked to Calger on Friday about reverse auction versus benchmark and I'll be talking to the traders about it this afternoon, and we'll be discussing further when Rick, Steffes et al are here tomorrow.
dev33
Will let you know where it goes.
dev33
Best, Jeff
dev33
Talk to you then.
dev33
Hi Michelle: Guess who?
dev33
Just went into Ehronline and noticed that under vacation it sez that I'm entitled to 75 hours of vacation, and that I've used 48 hours, leaving 27.
dev33
I think that I'm actually entitled to more than 75 hours.
dev33
Please tell me that I am.
dev33
Thanks very much.
dev33
Signed, Desperately in need of vacation Also, I clicked on deferral enrollment, and by-golly if I couldn't find the election form to download.
dev33
Am I just clueless, or is there another place that I need to look for it?
dev33
Thanks a million.
dev33
Sounds good.
dev33
thanks.
dev33
we should talk more about the perfect deal----if it's still something that you think is worth pursuing.
dev33
you didn't think henry moss was the cat's meow, did you?
dev33
I think that you're wondering is right on target.
dev33
Hi: Though I'll miss the meeting (if it's over by 2 PM), I'll be able to give you our ideas on the agenda items tomorrow.
dev33
If there's anything else, just let me know.
dev33
Best, Jeff
dev33
Please keep this confidential at this point.
dev33
It's the agenda for the California "subcommittee" meeting on Tuesday that I mentioned in an earlier note.
dev33
They were unable to reschedule the meeting, which starts at 10 AM tomorrow, but we're on the subcommitte and will have very good access to the final product, so I'm not too concerned about missing the "kickoff" meeting.
dev33
Folks in California are really looking to us to help figure out item #2 "forward contracting."
dev33
It would be very useful to discuss this outline tomorrow while we're all together.
dev33
Best, Jeff
dev33
good point.
dev33
if you'd like to include it in this draft, i'm fine with that---we certainly have been very vocal about the need to reform it.
dev33
alternatively, we could discuss with the larger group tomorrow whether we weigh in heavily and if so what our exact message ought to be.
dev33
either way works for me, just let me know.
dev33
thanks.
dev33
my assumption is that, with respect to power plant siting and what we ought to do, you'll take the lead tomorrow.
dev33
does it make sense for now to leave a "placeholder' under that one and we can discuss further tomorrow, or would you prefer to put a specific item in there now, like "Legislature should revisit last session's streamlining bill?"
dev33
you're cash flow spreadsheet is freakin' awesome.
dev33
nice job.
dev33
can you please call me?
dev33
i'm trying to input the numbers from the spreadsheet into the exec sum, and have a question.
dev33
thanks.
dev33
415.782.7822.
dev33
Thank you so much.
dev33
Really sorry to bother you so much.
dev33
Just had a long internal meeting.
dev33
Over the next 24 hours, we're going to try to simulate on California a potential solution we devised in the meeting.
dev33
No sense in offering something up if we don't know what the numbers look like, at least in a "ball park" sense.
dev33