QUESTION: Friends... Chris Bartlett at Harvard presented (last week) the 2 most recent Enron cases he wrote to the "Harvard Program for Global Leadership". This is an Exec Ed program for CXO's and Senior management from throughout the world. Chris called me today to say that the cases received outstanding reviews, and that the largely international CXO audience was both knowledgeable about, and very 'pro-Enron'! Best!
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ANS: Enron Harvard cases

QUESTION: Today FERC issued the following draft orders: NYISO TEP and Bid Cap (ER01-3001): Commission granted NYISO's request to extend the currently effective $1000/MWh Bid Caps on certain NYISO adminstered markets, and to extend its Temporary Extraordinary Procedures for Correcting Market Design Flaws and Addressing Transitional Abnormalities, until the Northeastern RTO is operational. The Commission ordered NYISO to narrow the scope of the TEP, and to file tariff sheets doing so within 30 days. NYISO proposed virtual bidding procedures (ER01-3009; ER01-3153): Tariff changes to implement virtual bidding were approved. The changes would allow market participants to bid non-physical generation and load into the day-ahead market and settle the bids in the real-time market. Also accepted were NYISOs Market Mitigation Measures to address gaming or market power strategies that might emerge as a result of the virtual bidding. NYISO - Cost responsibility for new interconnections. (ER01-2967): Tariff changes allocating cost responsibility for interconnection facilities. The provisions allocate to developers 100% of the cost of facilities necessary to physically interconnect the project. Additionally, developers are allocated the coswts for transmission system upgrades that would not have been made "but for" the interconnection, minus the cost of any facilities that the NYISO's regional plan dictates would have been necessary anyway for load growth and reliability purposes. ISO-NE - Interim Bid Caps (ER01-3086): Commission approved extension of bid caps until the Northeastern RTO is operational. Calpine v. ISO-NE (EL01-124): Commission granted complaint by Calpine and Mirant, finding that ISO-NE has amended Market Rule 5 to exclude external contracts from setting the energy clearing price, in violation of a Commission order. If you need further information, please let me know. Susan Lindberg x30596
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ANS: Orders issued today in NYISO and ISO-NE proceedings

QUESTION: Subject: Terrorizing the terrorists Here's what we got going for us. To be reckoned with. And this is only what we know. You can be certain there is stuff that we don't know about and don't need to. While you're reading this some of your fellow Americans are hard at work getting down and dirty and most of all being very nasty. Just like in the movies, but we won't get to see this take place. Just know it is. GO SPECIAL FORCES!!! Special warriors' role: to terrorize terrorists By STEPHEN HARRIMAN, The Norfolk Virginian-Pilot ? September 29, 2001 This week, Secretary of Defense Donald H. Rumsfeld told Americans and others on a war watch not to expect a ''D-Day.'' In others words, don't look for aircraft, ships and cruise missiles to suddenly light up the sky over Afghanistan like they did in Baghdad in the first hours of the Gulf War. Expect instead, the administration has been saying, a much more targeted campaign aimed at ''smoking out'' individuals and cells of terrorists from their mountainous hideouts. Those who specialize in that sort of covert operation are the unconventional warriors of the U.S. Special Operations Command. They are likely to play a big role in this first war of the 21st century. Their mission will be to terrorize the terrorists. What follows is a profile of special operation forces -- units from the
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Terrorizing the terrorists