Spoke with Ben Glisan re our conversation on retail credit and concluded that we should meet with some banks that specialize in this area. Can you prepare a brief presentation that would serve as a discussion document for such a meeting. The concept is that a deal flows into a website?? that is basically a checklist and the transaction is sized and scoped. If it met deal criteria and portfolio requirements, it would flow directly to an outside shop that would fund, bill, track etc. Enron could possibly keep a small interest in economics and of course a skim. Lets review presentation, then discuss with Ben/Andy and Janet D. and proceed to banks. Ben is clearing idea with Delaney. We are shooting for a Friday (23) meeting. Thanks, Rick
Q: What is a potential subject line for this email?
answer: Retail Credit
This follows up on my voice-mail to you of just a few minutes ago. I reviewed a voice-mail from Theresa Bushman this morning about the timing on the new Mariner matter that Mariner for which Mariner would like to retain F&J. She has spoken with Scott Josie, apparently one of our business people, and has been advised that the December 27 closing is critical, due to market conditions. Theresa also believes that the December 27 date will be aggressive even for F&J, given the late date. Theresa, please let me know if I have mischaracterized what you said. I see two options: 1. If you agree with me that we can't sign the letter as is: I do my best to get an acceptable letter negotiated with Uriel Dutton today. If I can't, Mariner retains someone else today. Frankly, I am not optimistic about getting an acceptable letter from F&J, based on where F&J started. 2. If you believe that we need to go ahead and get the best deal we can from F&J under the circumstances: I will do my best to get that done by noon or so, and if F&J doesn't budge, we may have to sign the letter as is. Caveat: I don't know if Dutton is in the office this week, so he and I may not be able to communicate quickly. Also, if we redraft a letter, we will probably not have time to get comments back from all the other interested Enron attorneys. I would also suggest telling Kelly Zelacovitz, Mariner's GC, this morning what our game plan is, and if it is option one, have her go ahead and contact her back-up choices of law firms, start running conflicts checks, etc., and have them be ready to hit the ground running. If there is anyone else I need to send this e-mail to, please let me know. I am in all day today; please let me know what you want me to do. Britt
Answer: In re F&J Representation
Here is an email: The HBS Club of Houston would like to invite ACG to attend a luncheon on September 19. See the New Houston METRO Train! Please join the HBS Club for a luncheon with Robert Miller, the Chairman of METRO on Wednesday, September 19th. METRO was created in 1978 and currently has over 3600 employees. METRO plays a major role in construction projects throughout Houston and is involved in the $250 million Downtown/Midtown Transit Street project. Robert Miller will be discussing the long-term plan for METRO and highlighting the new light rail system. There will be a short video on the project followed by a presentation by Robert Miller. SPEAKER: Robert Miller, Chairman METRO
What is a potential subject line for this email?
A: HBS September 19th Luncheon with Robert Miller, Chairman METRO
Q: Dear Mr. Lay - My name is Bobby Gerry and I am an employee here at Enron. I do not know if I may be able to provide any financial help to Enron, but certainly I would like to make myself available. As a family, we own an approximate $700 million in Exxon stock and maintain excellent relationships with several investment banks. My mother, Sandra Mosbacher, myself, my brother, as well as my Aunt Caroline Law have all been actively following Enron's situation and are available to help in any way we can. Sincerest regards, Bobby Gerry
Propose a subject line
A: any help i can provide
IN: This is an email
Brent Price and I will be in the London office next week, arriving Monday morning and returning to Houston on Friday. The purpose of my visit is in regard to my Global Risk Management Operations role, I believe that Rick Causey met with you regarding some operations support that Brent and I will provide to Fernley during a transition period prior to the arrival and during the assimilation of Michael Jordan, the JP Morgan staffer that Fernley has hired. Brent and I will be working with Fernley next week to iron out the details of our support for Fernley during that transition period. We will also map out an Enron trading operations introduction for Michael Jordan, which may involve a short stint for him in Houston. My goal is to provide a strong resource to Fernley during this transition period and to work with Fernley to provide whatever assistance, training, and orientation to Michael in his role so that his assimilation can be as smooth and effective as possible. Another purpose for the trip is to spend some time with Fernley and his business controllers to get their ideas on specific goals that as a group we would commit to for 2000. I know that Barry and Richard Sage have many good ideas on how we can leverage knowledge and best practices across all Enron locations with trading operations. My earlier trips to London this year were focused solely on Helsinki, and did not allow time to positively focus on leveraging worldwide operations experience. I value input from other trading operations professionals and I look forward to the ideas that can be generated in working with Barry, Richard and some of their direct reports. I also contacted Tani Nath about my trip to see how I could support her as she moves into her role in Global Products. I have not heard from Tani, but I understand from others that she will be in the Houston office next week. It will be unfortunate to miss her on my trip, but based on my commitments in Houston and Rick Causey's desire to move forward on providing trading operations support to Fernley, next week is the best for me to be in London. I did meet with Tani for an hour when she was here week before last and offered to help her in any way if she made the decision to accept the role over Global Products. I trust that she will contact me for that support as needed. I have scheduled a short meeting one on one with you while I am there to discuss how my global role can provide support and resources for your business efforts in London. I look forward to meeting with you next week. This trip is not a leg of the worldwide operations/control review that we are conducting at Joe Sutton's request. By circumstance, as you know, we have taken a look at Helsinki and subsequently Oslo and Frankfurt. There will be a similar review of Continental power, UK gas, UK power and global liquids. The review teams are currently focused on operations/controls reviews of North American locations and some entities in the US in which Enron has a large ownership position. It is likely that the continuation of this effort in London will occur in mid April. Copies of the drafts of the findings for Oslo and Frankfurt were provided to Fernley as soon as the team returned to Houston. We hope to finalise those drafts this week as we receive comments from Fernley and the business managers in Oslo and Frankfurt to whom those drafts were provided. Fernley suggested that you would like to see the drafts as opposed to the final copies, so I will have those forwarded to you today. The Sydney and Singapore trip was a lengthy one, as it also involved a last leg of the trip in London with regard to support for SIngapore. The Houston team returned the middle of last week and worked with AA on an early draft last Friday. I can also provide you with a draft of that report, the completion of which was pending input from Bill Bradford early this week (he made the trip but was out of the office last week). We did do a preliminary review of the Sydney and Singapore findings with Rick Causey and Rick Buy on Friday afternoon, to accommodate the fact that both are out on vacation this week. They understood the preliminary nature of the draft that was reviewed with them.

What is the subject?

OUT:
Trip to London Next Week