Beginning 8/29/01, we have updated our processes and will be reporting Notifications and Violations on the Executive Reports Viewer for 8/28/01 reporting. This process eliminates the need to e-mail MS Word and MS Excel documents. In place of the Word and Excel documents, you will receive an e-mail with a link to the Reports Viewer. If you do not have access to the Executive Reports Viewer, or have a question about your access level, please contact Chris Abel (3-3102) or myself (5-4541). Thank You
Answer: Process Change To Violations and Notifications Reporting
Mr. Skilling, Hello! My name is Tim Ng and I was a summer analyst the last 2 summers. Last August, I met with you for a few minutes in your office to talk and ask for advice. You told me to diversify my life experiences, as that can only help you throughout life. Like you, with your desire to fly planes, I decided to take a plane to travel around the world. In the last year, I studied abroad in Hong Kong, traveled to places such as China, Macau, Thailand, and Australia. After travelling, I see how doing different things, seeing different things can only enhance your total life experience. Tomorrow, I will return to Enron as a full-time Analyst. I look forward to this opportunity to learn more, and challenge myself, and hopefully, do new and different things to diversify my experiences. I thank you for taking the time to meet with me last summer. It really meant a lot to me, and your advice has really changed the way I go about things in life now. Perhaps one day, I can meet with you again. I know that your schedule can only be busier now, but hopefully I can see you during your talk with the new Analysts sometime in the next week or so. Take care and I hope to hear from you soon! Kindest regards, Tim Ng
Answer: A note of thanks
David, I know we've met before on your visits to Houston, I am a paralegal in the ENA Legal Department, in the Swap Group under Mark Taylor. I am the lead contact in ENA Legal for counterparty approvals and day to day trading issues for EnronOnline. I coordinate responses for the whole Legal Trading Group (financial, physical, power and emerging markets) with the EnronOnline and Credit teams. I understand from my EnronOnline team that I am going to need to approve financial trading for all my Houston based counterparties a week from Friday. Right now that list stands at about 600 counterparties (already trading). I was hoping you could direct me as to what restrictions, if any, we might have for financial trading in Australia. Are there any restricted counterparties, such as governmentals, utilities, banks, dealers, etc., or any restrictions on the products traded (initially I know we are only trading financial power, although I'm sure the list will expand over time). Have your GTC's been drafted with cross-border trading in mind? Similarly, I assume there will be Australian counterparties signing up to trade, and the commercial team will want them approved to trade the whole range of EnronOnline products. Are there any provisions we must add to the form of North American product GTCs if our counterparties trade a North American product from Australia? Do we have any tax issues or language we need to cover? Our standard form of GTC includes New York law and arbitration. Will that be enforceable in Australia? Are there any issues we need to address if we require collateral (a guaranty or letter of credit) with respect to a trade? Thanks for your help!
Answer: Online Trading for Australia
Mr. Lay: Pug asked me to forward the attached document for your review. If you have any questions, please do not hesitate to contact me. Many thanks -
Answer:
Message from Pug