QUESTION: Ken, With all that has transpired in the last several weeks, I know that you must be incredibly busy; but if you can work it in, John Kelley and I would like to meet with you for about 30-40 minutes to give you an update on two initiatives, listed below, aimed at getting the 2012 Olympics to Houston. 1. Conversion of the Astrodome to a track and field facility. This has strong support in the track and field community and may be the most important advantage that Houston has over competing cities. John has a 10-minute video he would like to show you that features some very strong endorsements of the Astrodome track and field facility from some of the most important people in track and field worldwide. Also, if the Astrodome conversion were made soon enough, there is a very good chance that the 2007 World Championships of Track and Field could be held in Houston. 2. Transfer of the headquarters of the national governing body for baseball (USA Baseball) to Houston. This would mean that Houston would be, among other things, the site for tryouts for the U.S. Olympic baseball team. Having USA Baseball in Houston would naturally strengthen our bid for the Olympics. A key for getting the governing body to come to Houston would be the raising of about $3M for construction of facilities. The deadline for completion of Houston's bid to become home to USA Baseball is the end of September, so we would like to meet with you at your convenience by September 25, if at all possible. Let me know if that can be arranged. I can be reached at 713-783-1223 if you want to further discuss scheduling of a meeting. Robert Healy
Propose a subject line for this email?
ANS: 2012 Olympics
Today's Associates PRC meeting that was to begin at 1:30 has been cancelled and will be rescheduled for a date yet to be determined. Both the morning Analyst PRC meeting and the Associates PRC meeting were scheduled for the same location and with Joe Sutton as chair. The Analysts PRC meeting is apparently running very long, so someone from the program office called to cancel the Associates PRC meeting for this afternoon. I will let you know as soon as I know a rescheduled date. In preparation for today's PRC meeting, I was able to meet in person with most of your supervisors to get input on your job responsiblities, accomplishments and performance. For those that were unavailable for a meeting, we managed a phone call or at least a series of voice mails to accomplish the same thing. I also have any materials that you may have provided to your supervisor for the mid-year review process, as well as copies of the internal feedback that was gathered through the PEP system. With this delay in the meeting date, I have the time to ask for a copy of your resume. The PRC process clearly focuses on your performance specifically from January through June 2000. However, it would be helpful to me in representing you to at least be familiar with your backgrounds. Please e:mail a copy to me or you can send a hard copy to EB3015. A couple of you have come by my office to meet with me. I would also be happy to put a name and face together for others of you or to talk by phone if you are not in Houston. My extension is 35926.
Q: What is a potential subject line for this email?
answer: Associates PRC Meeting - To Be Rescheduled
Enclosed is a revised draft of the MG ISDA and CSA Schedules. The only blnak that needs to be filled in is the MAC language for MG. Are they rated? I will be in the office until noon tomorrow and then out the rest of the week at the Enron legal conference. Carol
Answer: MG ISDA Schedules
Here is an email: Let's start thinking about transitioning SJ to 100% flow. I would like to discuss all of the issues and costs of presenting such a product to the market. Think about what we might need in the form of Northwest transport, storage, operations personnel, etc. I realize that this will be risky and that I may experience some financial downside with this endeavor, but I think we should press forward. Will we need intra-day traders to place the gas? Do we need to establish intra-day relationships with SJ producers, utilities, etc? Will the allocation on EL Paso in April alleviate some of the cuts? Let's discuss in detail. Mike
What is a potential subject line for this email?
A: 100% SJ
Q: We reached a conceptual agreement with the government representatives on Sunday night. The main points are: 1. Rationing losses: Defined methodology giving distribution companies recovery over the next 36 months of rationing losses realised from June 01 until the end of rationing in 02. Recovery includes financial compensation. Immediate funding of 80% through BNDES, with Brazilian government funds. Loans liquidated over the 3 year period as tariff increases are realised. Funding scheduled by December 15th. Elektro Ebitda impact of approximately R$191million or US$ 73 million. 2. April/May MAE settlement : Market will settle under current rules due to pre-rationing conditions, confirming the procedures used on Elektro's books. Impact of approximately R$ 18 million or US$ 7 million. 3. Parcel "A" for the future: All non-controlable costs to which LDC's are subjected to including power purchases, sector charges, are passed through to final tariffs either using a tracking account mechanism or by aligning adjustment dates with the LDC tariff revision date. Tracking account will be subject to financial compensation from the date costs are incurred until the effective pass through and collection , eliminating a major risk for the distribution sector. Elektro Ebitda impact 2002 forward of R$ 60 million or US$ 19 million, as had been considered in the 2002 plan. This methodology represents major risk mitigation going forward, as the initial power supply contracts are renewed starting in 2003. 4. Parcel A from the past: Min Parente has agreed to the concept recovering non controllable that were not passed through to tariffs since late 1999 using the same methodology agreed to for future recoveries and has a dedicated team from the Federal Attorney General's office targeting a final solution in ten days. Elektro impact is R$145 million or US$ 55 million in 2001. The proposed mechanism for recovery is after the 36 months for the rationing losses. We are currently finalising a memo of understanding and the government team is winding up the settlement with the generators in order to finalize the terms of the overall agreement. Min Parente has committed to resolving the open issues affecting investors in the power sector. These agreements represent a major step forward, significantly improving the value of our businesses. By solving the pending issues for the rationing losses, thus eliminating the Annex 5 controversy the MAE should function normally, allowing us to operate Eletrobolt and settle against the pool. Total amounts for the sector represent about R$ 10 billion or US$3.8 billion at the current rates. Our team has led the sector negotiations for months since the rationing, and have been instrumental in convincing the government of the need for implementing these changes.
Propose a subject line
A: ESA government negotiations
Here is an email: Attached is the final standings for the pool. Please verify your score. We had a little drama for second place, Chuck won the tie breaker due to a total of 158 versus Wolfie's 145(total score was 154). Special congratulations to Matt Lenhart for bringing up the rear(nice pick on the last game too). Hope to see you guys next year. PL
What is a potential subject line for this email?
A:
Final Standings in the Pool