Tim, my understanding is that partnership fee (the $11.0M) has been amortized for the last several years and expensed to the Industrial groups (McConville and Ondarza). As you are aware, I sued them for breach. The settlement involved the elimination of all existing transactions between Ft. James and Enron including the Wauna and Halsey power contracts. It is my understanding that the benefit of the elimination of those shorts resides in the Portland shop. The elimination of the shorts would not have occurred without the lawsuit on the alliance and the settlement I originated. It seemed logical to charge the Portland office with the remaining un-amortized fee of $1.8M as a cost of eliminating the shorts for no cost and no future contingent liability. Lets discuss. Regards
Q: What is a potential subject line for this email?
answer: Fort James Amortization
Status report of integration testing from Wednesday, Jan. 23rd - (16 gas/ power types of transactions to test) Overall, there were no infrastructure or major application issues. Unlike the prior testing, we've included many more gas transaction types and testing with all non-essential Netco data removed (aka baseline for Netco go-live). In today's test, we had numerous data setup related issues that resulted in downtime (ie EOL- Dynegy information, TGP address information, bad credit counterparty/ contracts, or database issues with data sync/ replication). These were mainly attributed to the massive cleanup/ removal of data not needed. The remaining issues open are being addressed Wednesday night. Given the deferred 12:00pm to 2:00pm start time and data setup/ sync issues, we were unable to complete downstream processes (mainly Settlements, confirmations, SAP). Continuation of testing into Thursday We are requesting the testers with tasks remaining to complete the script execution Thursday (morning shift and afternoon shifts given UBS offsite meetings). We will try to balance the testing activities given some will be out in the morning, and some in the afternoon. The bridgeline will be active from 9 - 5 for communication/ status. RECAP of where testing left off for Netco and EOL entry.
Answer: Status report of integration testing from Wednesday, Jan. 23rd ; and Thursday's continuation..
Here is an email: FOOD ASSIGNMENTS: Saturday Breakfast - Sam, Paula Saturday Dinner - Kim, Phyllis Snacks - Judy, Lee Sunday Breakfast - Lisa, Cynthia Paper Products - Amy DIRECTIONS FROM LISA: Hello Everyone- Here are detailed directions to the beach cabin for the Nov. 30 girl's weekend. Directions to the Polk Beach Cabin: Go south on IH-45. Take the Harborside Dr. exit when you get to Galveston and turn left under the highway (this is the first exit after crossing the causeway, so be watching for it). Travel approx. 6 miles on Harborside Dr. to Ferry Rd. Turn left on Ferry Rd., go to the end, and catch the ferry to Bolivar ( this is a free drive-on ferry operated by the Texas Hwy Dept.). After exiting the ferry you will be on Bolivar Peninsula Hwy 87. Travel approximately 11.5 miles to the Emerald II edition (the Crystal Beach water tower is a good land mark when you are getting close and the Emerald II edition is the first road after the post office).
What is a potential subject line for this email?
A: Food assignments and directions for Girls' Weekend
Q: Here's an update to yesterday's meeting on this subject. Product Development (Jim Wood, JD Burrows, JeVaughn Sterling, Gillian Johnson and myself) had a brief discussion with Jim Brown (Transaction Accounting) to review the applicability of MTM accounting for the Maryland index product. With relatively minor contract changes (to ensure the product is an "Index Plus" structure) the conclusion of the discussion was that the product should qualify for MTM. Market costs will not necessarily match revenues (for the reasons we discussed yesterday) which should make the product eligible for MTM. The desk would have an index position. The desk can then choose to manage the position or not. Nina and I certainly want to make sure you agree with this reasoning. Here's a 1st draft of a TC with marked revisions. The "Management Fee" is eliminated and replaced with EESI Energy Index Price plus $__/kWh in this draft.
Propose a subject line
A: Maryland "Index Plus" Product
IN: Marc, The game starts at 7:30. Why don't we stop by to pick you up at a little before 7:00. Let me know if this presents any problems. Mark

Generate a subject line.

OUT: Rockets
IN: This is an email
Agenda Meeting of the Board of Directors Enron Corp. 5:00 p.m., C.S.T., December 11, 2001 1. Review of Bankruptcy-Related Matters - Messrs. Lay and McMahon 2. Update on Sale of Wholesale Trading Operations - Messrs. McMahon and Whalley 3. Consideration of Employee Retention Proposal - Ms. Joyce 4. Other Business 5. Adjournment

What is the subject?

OUT:
Board Meeting Today @ 5:00 p.m., C.S.T.