QUESTION: In conversations with GE, it is their understanding that their guaranty will not be transmitted until there is a fed ref number tomorrow. The opinion letter will be faxed as soon as the GC is available, or Kent can sign for Dan Rowley if that is acceptable. DRowley can sign originals on Thursday. The LOC is in the works, and GE understands that 10% will be retained in escrow until the LOC is delivered. There will be three original opinions. There is one original guaranty, and I'm not certain of GE's willingness to give more than that. Obviously, there will be only one LOC. Kay
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ANS: GE guaranty, opinion of counsel and letter of credit
Hector, Monday, Nov 27, Joseph Taylor will be starting in my group - Risk Management, Financial Books. Dutch Quigley was spearheading the effort with H.R. to bring Joseph to Enron. Dutch has moved on to a new group and is currently on vacation. If you could, please send me Joseph's Social Security number, so that we can get him set up with phones, computers, etc. Also, who is my main contact in H.R. with regards to job postings, receiving resume's, interviewing, hiring, etc. Thanks for your help,
Q: What is a potential subject line for this email?
answer: New Employee Starting Monday
Nancy, Please find attached the form for the new book request for the NG-PR-OPTLT book. As always I need to get this set up ASAP. Thans for your help. Errol, X5-8274
Answer: New Book Request - NG-PR-OPTLT
Here is an email: Sorry I haven't called, it's been crazy. I am actually sitting on a plane about to leave for Cancun on our mgmt trip. I need to call and catch up with you$... See how the baby's doing, check on your status with Enron, etc. If I ca find a stamp in Cancun, I'll mail yor b-day card Take care- Chris
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A: Happy Birthday
Q: I've simulated the Aggregate power portfolio's VAR with the BPA contract (approx. $51MM) as a stand alone (approx $3MM) and with the BPA position reversed out (approx $49MM). Only issue seems to be that the VAR related to the position per credit Agg does not "tie" with VAR related to position in Enpower - I'm attributed this to the peak/off peak simulation difference. Specifically, the credit agg file does not define what was peak or off peak, whereas file from Enpower did, resulting in more accurate measurement of risk. Bottom line is that BPA removal appears to be risk reducing. Frank
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A: BPA removal
Here is an email: Hi Lisa: Just got a call from Rick. He said that 1) The meeting needs to be in San Francisco. 2) The meeting needs to be on Dec. 5th. (Not the 29th or the 30th, as previously requested). 3) The meeting is mandatory. I'll leave a message for Paul, too. If you have any questions, just give a ring. Best,
What is a potential subject line for this email?
A:
California Legislative Meeting