Q: Have you forgotten to make your reservations? Our May 22 speaker promises to provide some interesting insights into the future of information technology and its specific application to the energy industry. This presentation should be quite informative and compelling for anyone who has an interest in technology and its impact on business. SPEAKER: Mr. David Clementz, President, Chevron Information Technology Company (CITC); President, Chevron eBusiness Development Company
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A: HBS May 22 Lunch - REMINDER
IN: Mark Taylor, who is in Amsterdam this week, just left me a voicemail reflecting a conversation he just had with Dave Forster, and asked me to relay the following information to you (don't kill me, I'm just the messenger)... With respect to your form of online GTC: It need to be revised, per Dave Forster by Monday, to be expanded to include the provisions necessary that will enable a non-Australian based counterparty (a counterparty could be U.S., Canadian, European or other country based), who may or may not have an ISDA Master Agreement in place, and may or may not have credit in place, to do a financial power transaction with Enron Australia. In that regard I am attaching as a template, our form of online "Deemed ISDA" GTC (for a weather transaction, the only type of financial transaction where we adopt the ISDA documentation instead of using our own form of confirmation). As you can see when you look at our "Deemed ISDA" form of confirmation, there are a number of provisions that our Deemed ISDA form of confirmation includes, such as authority and tax representations, "arm's length transaction" reps, acting as a principal rep, the deletion of section 2(c)(ii) of the ISDA Schedule (netting "in respect of the same transaction"), no language that each party has a copy of the ISDA form and has read it and understands it, your deletion of language re: written confirmations, definition of "Transaction" meaning the GTC+ISDA form+website terms, "Website" (uppercased) is a defined term under the Password Application, we usually say "Loss" instead of "Market Quotation", also, Market Quotation and Second Method will apply for the purposes of Section 6(e), a question, do we need the word "integrated" with respect to the rerenced that the documents contain a "single agreement" to fall under the U.S. bankruptcy swap protection?, no ducment conflict provisions, missing our "severability" and "setoff" language, no adoption of the 1991 or 1993 Commodity definitions, business day defined as Sydney only, etc. Of course, you do not have these in your form of GTC, because they are or will be covered in your executed ISDA Master Agreement, but it is likely counterparties outside of Australia may not have a master swap agreement in place. I spoke to Steve Douglas in Tax, who is out of town today and was going to talk to Susan Musch about the tax issues and I hope to hear from him tomorrow. After all the above, I just have to say...we really do appreciate your help resolving all these issues...

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OUT: Online Trading Australian Financial Power GTC
IN: This is an email
We are going to be rolling out a new product on EOL starting this bidweek. This product will be for physical delivery only on the weekdays (no weekend delivery). Currently, the EOL/Sitara Bridge cannot handle this type of logic, so these deals will have to be input manually. Let me know if you have further questions. Eric

What is the subject?

OUT: 24 x 5 Products
QUESTION: A police officer pulls a guy over for speeding and has the following exchange: Officer: May I see your driver's license? Driver: I don't have one. I had it suspended when I got my 5th DUI. Officer: May I see the owner's card for this vehicle? Driver: It's not my car. I stole it. Officer: The car is stolen? Driver: That's right. But come to think of it, I think I saw the owner's card in the glove box when I was putting my gun in there. Officer: There's a gun in the glove box? Driver: Yes sir. That's where I put it after I shot and killed the woman who owns this car and stuffed her in the trunk. Officer: There's a BODY in the TRUNK?!?!? Driver: Yes, sir. Hearing this, the officer immediately called his captain. The car was quickly surrounded by police, and the captain approached the driver to handle the tense situation: Captain: Sir, can I see your license? Driver: Sure. Here it is. It was valid. Captain: Who's car is this? Driver: It's mine, officer. Here's the owner' card. The driver owned the car. Captain: Could you slowly open your glove box so I can see if there's a gun in it? Driver: Yes, sir, but there's no gun in it. Sure enough, there was nothing in the glove box. Captain: Would you mind opening your trunk? I was told you said there's body in it. Driver: No problem. Trunk is opened; no body. Captain: I don't understand it. The officer who stopped you said you told him you didn't have a license, stole the car, had a gun in the glove box, and that there was a dead body in the trunk. Driver: Yeah, I'll bet the liar told you I was speeding, too!
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ANS: speeding
Jeff: I have not heard a word from credit. Who did you speak with? Please let me know and I will follow up. Thanks. Sara
Q: What is a potential subject line for this email?
answer: J.P. Morgan ISDA
Ken, Greg and Mark, I wanted to provide you a suggested agenda for the rescheduled Management Conference. After working with Joannie Williamson to coordinate open dates on your calendars with hotel availability, here is what we are proposing: Location: Westin La Cantera Resort, San Antonio (The Woodlands still will not have enough rooms to hold our group in February. We are concerned that if we don't have people committed to stay over, especially on a weekend, we risk weak participation. Also, by rebooking with the Starwood property, we hope to potentially recoup some of the loss incurred by canceling our November date and maintain a positive relationship with the company.) Dates: Friday, February 22 and Saturday, February 23 (We received feedback that employees may not appreciate being asked to sacrifice a weekend right now. However, these are the dates that the hotel is available. Available dates the previous week would interfere with Valentines Day and coincide with the peak of the Winter Olympics in Salt Lake City.) Agenda: DAY 1 Friday, February 22 2pm - 5pm Registration 6pm - 9pm Reception and Chairman's Dinner Speaker: General Norman Schwarzkopf (The General is currently available on this date, but has not accepted the engagement. I feel that, if we can reschedule him, he would be a significant draw to ensure people arrive in time for the evening activities.) DAY 2 Saturday, February 23 8am - 2pm Business Agenda (I will keep Ken and the brief business unit presentations/panel on the agenda. I also hope to reschedule Gary Hamel. Otherwise, I will remain flexible on the agenda.) 2pm Meeting Adjourns No planned activities (The activities are perceived as an unnecessary extravagance at this time.) We'd like to issue a memo about postponing the Management Conference to invitees as soon as possible. While details on the agenda can be resolved later, please let me know if you are comfortable with the dates and location so we can include that information in the memo. Regards,
Q: What is a potential subject line for this email?
answer:
Rescheduled -- Management Conference