Q: Mark- here is my response to your request. Call with questions. Goal: Total Foreign Exchange Exposure quantified and communicated to BOD. Performance: Project completed with final tranche of results reported to Finance Committee Dec 11. The notional exposure as well as impact on potential impact on earnings and CTA accounts have been quantified and reported to the BOD over the past year according to a schedule that has strictly adhered to. Also, a template and process has been established to be able to easily report changes in the future. Enron has never had a comprehensive review of FX exposure prior to this activity. As an aside, there has been a fair amount of hedging activity resulting from this effort. Goal: Establish risk and trading control processes for risks unique to EES. Performance: Systems have been established and monitoring controls are in place across EES. A thorough study of the DSM business has been completed and the results presented to the Finance Committee. A RAC task force has been put in place which has established a work plan consisting of 53 elements that EES has agreed to put in place to get the overall back office and trading and credit control systems where they need to be. Significant progress has been made against these recommendations. DSM projects have been spot tested with outside measurement firm and the results reported to EES. These tests have highlighted focus areas to determine where the capital dollars are best employed. Goal: Solidify the global risk management policy beyond Houston and London. Performance: Complete and Ongoing. During 2000, Project Doorstep was initiated by RAC which inspected every office within Enron to determine if trading was taking place and if so whether the Enron controls were being adhered to. A data base system was developed to routinely prompt surprise inspections of these offices and also monitor if the recommendations are being adhered to. Doorstep was a huge effort involving RAC, AA, and operations to really understand where we have risks. It also helps in defining where we don't have responsibility such as EOTT, Azurix and The New Power Company.
Propose a subject line
A: 2000 Strategic Goals- RAC
IN: I got a call while you were away from a woman at an affiliate of National Bank of Canada, they want to see our standard form of Repo Agreement to put in place for one of their affiliates "Levesque Beaubien Geoffrion Inc.", 1155 Metcalfe Street, Montreal, QB H3B 5G2. The contact is Theresa Pace (French pronounced) and her # is (514) 397-5850. I spoke to Harry Arora about it, and he said Darren Delage is working on it, and Darren is out the week on vacation and to wait til he gets back next week to send it out. So when you have a minute, let's talk about what to do.

Generate a subject line.

OUT: Repo Agreement
= = = = = = = = = = = = = = = = = = = = = = = = = = IntercontinentalExchange = = = = = = = = = = = = = =20 = = = = = = = = = = = = = Firm Power Price Bulletin = = = = = = = = = = = = = =20 = = = = = = = = = = = = = For Power Delivered on Wednesday, November 14, 2001 = = = = = = = = = = = = = = = = = = = = = = = = = = =20 = = = = = = = = = = = = = = = = = = = = = = = = = = (Trade Date of Tuesday, November 13, 20= 01) = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =20 Click here to access index history . = = = = = = = = = = = =20 = = = = = = = = = = = = = = = = = = = = = = = = = = * volume represents sell-side only * = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =20 Hub=09High=09Low=09Wtd Avg Index=09Change ($)=09Vol (Mwh)=09 Cinergy=09 $26.50=09 $24.75=09 $25.69=09+ .71=09= 80,800=09 Comed=09 $25.75=09 $24.00=09 $24.57=09+ 1.64=09 = 8,800=09 Entergy=09 $23.40=09 $21.00=09 $21.99=09- 2.87=09= 19,200=09 Nepool=09 $35.75=09 $35.45=09 $35.61=09- .50=09 = 8,000=09 Palo Verde=09 $24.25=09 $15.25=09 $22.46=09- 6.66= =09 9,600=09 PJM-West=09 $25.00=09 $24.40=09 $24.53=09- .49= =09 99,200=09 SP-15=09 $27.00=09 $24.75=09 $25.93=09- 5.93=09 = 6,800=09 TVA=09 $25.00=09 $23.75=09 $24.15=09+ .20=09 = 13,600=09 = = = = = = = = = = = = = = = = = = = = = = = = = = Includes all trades done from 6 AM to 11= AM Central Prevailing Time on the trade date specified for financially fir= m power delivered during the on-peak hours (6 AM - 10 PM CPT for Eastern hu= bs / 6 AM - 10 PM Pacific Prevailing Time for Western hubs) on the delivery= date(s) specified. = = = = = = = = = = = = = = = = = = = = = = = =20 = = = = = = = = = = = = = IntercontinentalExchange is the world's most liquid = trading platform for over-the-counter energy and metals. Active markets in= clude North American power and natural gas, global crude and refined oil pr= oducts, and precious metals. Traded instruments include forwards, swaps, a= nd options. = = = = = = = = = =20 In order to receive the proprietary information contained in this email, yo= u acknowledge and agree that you shall not further disseminate the Intercon= tinentalExchange Market Data contained herein to any person or entity witho= ut the express written consent of IntercontinentalExchange. Furthermore,= you acknowledge that (1) IntercontinentalExchange has exclusive and valuab= le property rights in this data; (2) IntercontinentalExchange's data is bei= ng made available to you only for your own business or personal activities;= and (3) you cannot communicate the data, in any form, to any other person = or entity without the express written consent of IntercontinentalExchange. = = = = = =20 This data is provided to you free of charge. IntercontinentalExchange rese= rves the right to cancel this service at any time for any reason or no reas= on at all. = = = = = = = = = = = =20 You agree that IntercontinentalExchange does not make any representations o= r warranties, express or implied, with respect to the data. = = = = = = = = = = = = =20 To become an Exchange Participant or inquire about the indices, please cont= act sales@intcx.com . = = = = = = = = = = = =20 To unsubscribe from this service, click here unsubscribe . = = = = = = = = = = = = = = = = = = = = = = = = = = =20 = = = = = = = = = = = = = = = = = = = = = = = = = = ?Copyright IntercontinentalExchange, Inc. 20= 01, All Rights Reserved. = = = = = = = = = = = = = = = = = = = = = = = = =
Q: What is a potential subject line for this email?
answer:
Power Indices