Here is an email: A heads up - The Forward Obligation report for 3/28 will show Short Term Northwest with a 50 MWh short position off-peak at NP-15. This is due to an option that Sean and Diana decided not to exercise. Thought that might clear up at least one of the many discrepancies we may find on that report..... Kate
What is a potential subject line for this email?
A: Forward Ob explained variance 3/28
Q: Shari: I am negotiating an ISDA with Dresdner Bank and I have the following questions concerning their mark-up of the FX/Currency Option language: 1. In the EMU Protocol language they want to add a reference to Section 6. I'm not sure why but wanted your thoughts on this. Are there any circumstances under which we do not adopt the Protocol provisions? 2. They want to define the FX Definitions as the 1998 FX and Currency Option Definitions as amended and supplemented by the 1998 ISDA Euro Definitions. Is this okay? What is the effect of this? Should we change our form to do this? With respect generally to the FX and Currency Option Definitions, as a general rule are they always incorporated by reference into the terms of any FX and Currency Option transaction even if it is electronically confirmed? They wanted to add language to that section of our form specifically stating this. Thanks in advance for your help. Carol
Propose a subject line
A: FX/Currency Option Questions
IN: I will be in Enron's BA office from September 14 - September 17 (Tuesday - Friday). I would like to schedule some time to review the ISDA Schedule previously sent to you for comment. Other than the morning and early afternoon of Sept. 15 (Wed.), I am free to schedule an appointment with you. If you have comments to the Schedule, please send them to me in Houston. I will be in the Houston office until Monday afternoon. Also, does the Marval firm have an English speaking tax lawyer who could assist Enron Houston tax on Argentine trading issues? Please let me know as soon as possible. I look forward to hearing from you. Regards. Sara

Generate a subject line.

OUT: Review of Enron ISDA Schedule
IN: This is an email
Fred- Robyn structured and executed our first power deal with AIG's Arbitrage Fund yesterday- DKR. Its our first deal.. we made money and it fit directionally into Steve Vu's book. We have been pitching the weather product since the beginning of the year but have been limited by the size of transactions we could do and the funds understanding of the market. Most of the funds want to use weather as a hedge for an underlying position in gas or power.. and the size of the market in weather has not been enough to cover directional NYMEX views. So we started to look at smaller deals in the market areas to hedge regional power and gas underlyings that will naturally be smaller positions. DEAL we did: Basket of 5 cities... equally weighted DKR sold Nov HDD swap of basket of 5 cities: chicago, clevland, LGA, DC, Boston - equally weighted average of the 5 cities strike = 650 payout= 2,000/HDD with 400,000 cap. DKR benefits if it is warm.

What is the subject?

OUT: 1st weather deal
QUESTION: Hey gang: I think that we should do the case. I'm willing to help draft, and willing to take a first crack at putting some bullets together about the direction I think the memo ought to take and distribute that by about 5 PM tomorrow. Though it would be good for other folks to do same and then we could compare notes. Makes sense? Thoughts? Suggestions? Best,
Propose a subject line for this email?
ANS: DuPont
IN: Boys, Brother Skilling is at it yet again. This time from the heartland at old 3058 Yale. As you can see, our chapter has decided to overlook Rocky's many, many trips to the roof in the early 70's and bestow a Distinguished Beta Award on his ass. I would think that any compromising pictures one might have of Brother Skilling would be extremely appropo for this occasion. I, for one, will be unable to attend due to the Redhead's and my 30th H.S. reunion in Corpus on that day, but if you have anything young Adrew M Carty could use, I'm certain he would appreciate. He's also obviously the contact arrange your presence there, should you be so inclined. Yours in -kai-,

Generate a subject line.

OUT:
[smu-betas] Fwd: Beta at SMU