text
stringlengths 1
4.46k
| employee_id
stringclasses 45
values |
|---|---|
John.
|
dev01
|
Sorry Jim but I left you a voicemail saying that there was no material loss in trading.
|
dev01
|
Ed Set up a meeting with me and you to discuss this report.
|
dev01
|
Fifty dollars.
|
dev01
|
It sounds like I need to clafify my plans for trading and risk management of power in Ontario.
|
dev01
|
1.
|
dev01
|
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
|
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
|
Dana has ultimate risk management responsibility for Ontario.
|
dev01
|
2.
|
dev01
|
My current opinion is that we should trade Ontario out of the Toronto office with risk management responsibilities rolling into Dana.
|
dev01
|
This could always change in the future if it doesn't make sense.
|
dev01
|
3.
|
dev01
|
John Mckay, although he has been helping Bill out, will ultimately have no power trading responsibilities.
|
dev01
|
4.
|
dev01
|
Tom May is the cash trader in N.Y. reporting to Dana.
|
dev01
|
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
|
Garrett should spend some time (probably soon) in Houston getting to know the people and the technical resources available to him.
|
dev01
|
If anyone has any questions concerns please give me a call.
|
dev01
|
John
|
dev01
|
When we have made some inroads into SO2 analysis please set up another meeting with me.
|
dev01
|
No hurry.
|
dev01
|
You guys just peeked my interest last time and I would like to continue discussions.
|
dev01
|
John
|
dev01
|
I thought I would try to summarize our meeting this week and document a list of agreed apon tasks.
|
dev01
|
1.
|
dev01
|
The Unify system is on the brink of disaster and everyone agrees that we have huge business risk if it blows up.
|
dev01
|
--> Sally and Beth are going to document the steps we are taking to maintain the system and minimize the chances of a failure.
|
dev01
|
(everyone understands that this is a difficult task but it sounds like it should be a high priority) 2.
|
dev01
|
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
|
--> Beth is moving from Sun-O-S to Sun-Sularis which should allow us to address the problem.
|
dev01
|
We have 4 contractors working on this and we are expecting it to take 6 weeks.
|
dev01
|
Once this project is complete we can add hardware and reduce the time problems.
|
dev01
|
3.
|
dev01
|
The traders need better real time management tools that ultimately combine their physical and financial trades together and identify their real time risk.
|
dev01
|
TDS was a system that was built to help this however it does not meet all the traders needs.
|
dev01
|
This ultimately needs to be a system that is commissioned by the traders to meet their needs.
|
dev01
|
--> Phillip Allen is going to prepare a list of trader needs in consultation with all the gas desks heads.
|
dev01
|
After this Beth should try to come up with a plan to get a system that meets all the traders needs.
|
dev01
|
4.
|
dev01
|
The power system is unstable and fails on a regular basis.
|
dev01
|
This is leading to long hours on the part of our back office staff.
|
dev01
|
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
|
5.
|
dev01
|
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
|
6.
|
dev01
|
There will be no more business trips to London (somewhat kidding).
|
dev01
|
7.
|
dev01
|
Portland has issues with speed do to the fact that we still run their books through an interface with Houston.
|
dev01
|
--> John Lavorato will talk to Tim Beldon and Beth to determine whether its worthwile to put servers in Portland.
|
dev01
|
--> Since Tim was not in the meeting, John will make sure we are covering all his needs.
|
dev01
|
Where did you ever get the idea for this?
|
dev01
|
Dave I don't think I can follow up with 90 people.
|
dev01
|
Please advise me if I should be handling this or your group is hadling.
|
dev01
|
John
|
dev01
|
Jeff Please confirm that the assistants are going to the Houstonian to learn how to read the screens.
|
dev01
|
Dave Give me a call on the weekend if you get a chance.
|
dev01
|
I talked to Shankman and he talks about more groups going to Global than I thought.
|
dev01
|
Like to discuss.
|
dev01
|
Home 713-61-6096 Cell 713-417-3074
|
dev01
|
Tony Wow I don't think so.
|
dev01
|
I thought I would rewrite yours and correct some of the factual errors.
|
dev01
|
If you disagree please write me back.
|
dev01
|
I moved from our Houston office in 1994 to Calgary and in 1999 was named President of the Canadian operation.
|
dev01
|
We went from a small gas marketing shop to the dominant natural gas trader and originator in Canada.
|
dev01
|
It was absolutely awesome.
|
dev01
|
I had the time of my life.
|
dev01
|
We built the business with very little supervision from Houston into a major contributor to Enron Corp's bottom line.
|
dev01
|
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
|
So our newer people still have the chance to do what I did in Canada and help build revolutionary new businesses.
|
dev01
|
What a lot of people don't realize is how dominant our trading and risk management presence is in Natural Gas and Power.
|
dev01
|
The opportunities our outstanding and the challenges will test the best minds out there.
|
dev01
|
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
|
You can't put gas and power on a truck or store them in a warehouse like other commodities.
|
dev01
|
Its not like trading bonds, where you sit around and try to figure out what the Fed is going to do.
|
dev01
|
It has much more complexity, and if you like trying to solve complex problems and your good at it.....get down here!
|
dev01
|
....
|
dev01
|
we need you!
|
dev01
|
John's callout quote Enron's not a place where you can hide.
|
dev01
|
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
|
I think we should play on Wabamun - assume we are.
|
dev01
|
I was right on the legal question Jeff asked.
|
dev01
|
Julia was wrong.
|
dev01
|
She is dropping a note to Skilling.
|
dev01
|
You didn't attach anything.
|
dev01
|
I've been assured about funding before.
|
dev01
|
I would like to know what Canadian vehicle they are going to use.
|
dev01
|
Dave What is the status: Have they seen them.
|
dev01
|
If they haven't I would to talk to you about it.
|
dev01
|
print this in color.
|
dev01
|
Greg here is our info: John,Dina and Michael Lavorato Phone Home 713-661-6096 Work 713-853-7991
|
dev01
|
What type of industrial.
|
dev01
|
ie Chemical, Fertilizer etc.
|
dev01
|
Ed This stuff looks good.
|
dev01
|
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
|
Send it to me and I'll run if by Dave.
|
dev01
|
John I asked about loss limits a couple months ago and Ted said that they no longer report these numbers to the board.
|
dev01
|
However, I think we should get rid of the whole concept.
|
dev01
|
VAR is the relevant concept.
|
dev01
|
Please advise.
|
dev01
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.