VaR for total power has decreased from $41.9 M to $38.7M. VaR for the west desk has decreased from $22.7 to $21 Decrease in var for the west desk is due partially to decrease in intra month vol curves (significant change in Aug component var for the NW-LT and NW-ST books) and decrease in overall short position. Minal
Answer: West VaR Reports
As you know, Enron and Peoples jointly own enovate. Our group in Chicago is looking to manage some funds which belong to enovate. We had initially envisioned having a cash management policy which would outline how Enron would invest the funds, etc. The other owner of enovate, Peoples, has proposed that we use the attached document in connection with this arrrangement. This is taking me a little far afield of my area of expertise, so I'm writing you guys for input, direction, etc. Suggestions? Gregg do you want to correct any of what I wrote? Kay
Answer: inter-company agreement
As a reminder, time sheets for pay period (October 1-15) will be due on Monday, October 15. Please let me know your exception time. Thanks!
Answer: Timesheets Due on Monday
As you may know by now, the media learned of the employee meeting that was planned for next Wednesday, January 23 at the Hyatt. To protect the privacy of our employees, we have chosen to cancel the meeting. As an alternative to the Hyatt, we are looking at space options within our building. This will require that we hold several, smaller group meetings, but will help to ensure our employees privacy and safety. We are currently working through logistics and hope to coordinate these meetings rather quickly. We are continuing to compile a presentation for the meetings. It would provide an overview of our current situation, including a timeline of the bankruptcy process and other major challenges we must overcome. It would further explain the NetCo agreement and its impact on Enron's ongoing business. And finally, it would outline Enron's organizational structure and strategy going forward. I will be back in touch soon with further details on the rescheduled meetings. Regards,
Answer:
Employee Meeting