What people know: Hertzberg (et al's) bill (82XX)was heard in an "informational" hearing today and still sits in the Assembly Energy Committee. It will be heard again tomorrow (perhaps beginning at 10 AM) , at which time parties will have a chance to support/oppose and ask for amendments. Most, including us, oppose unless significantly amended. The Wright (D) -Richman (R) bill (83XX)was heard in an "informational"
Answer: California Update--0717.01
Hey Yao! How are you doing these days? We never see you anymore. I'm going over to London on Saturday - any chance you'll be in that part of the world? On a business note, we are getting set up to trade energy commodities and derivatives online and one of the things we have to do is figure out what we can trade with each potential counterparty. Do you remember negotiating any master agreements for ECT that did not contain the necessary elements for trading energy commodity derivatives? In particular I'm thinking about things like the trade option exemption representations and the commodity derivatives definitions provisions. Thanks!
Answer: Restricted Master Agreements
Greetings: Well, there's a finance midterm coming up and some of us have discussed getting together the weekend before for a study session. I just grabbed an old list from last year so apologies if I've included folks who ain't even in finance, or if I've left some folks off. Sorry to those who received in error, and please forward to anyone else who might be interested. Anyway, anyone interested? Hope all is well with all. Best,
Answer: Study?
Hey Tom, Rita Wynne just called and let me know that we need to make a payment to TXU on behalf of Tenaska. Since TXU has terminated agreements with us, the Cash Management Committee will not make payments to TXU unless they understand the deal that is in place with Tenaska and we show that Tenaska has already paid us their part. Could you please help Chip Schneider, of Enron Underwriting, and myself get up to speed on this as quickly as possible. TXU is threatening to take action on Tenaska. Thanks for your help. Regards,
Answer:
Tenaska Service Agreement