Here is an email: Michelle, We are working on completing the reportable events form for the PBGC and supplying the requested data. Included in the data request are: (1) copy of bankruptcy petition or similar documentation (2) docket sheet or other list of documents file Please provide copies or direct me to the person who can provide copies of the above data requests. Thanks
What is a potential subject line for this email?
A: PBGC Reportable Event
Here is an email: Vince, I was thinking that max (negative) potential exposure for different counterparties could occur for different scenarios and so combining max potential exposure across counterparties may overstate cash needs. If overall scenario for overall max (negative) potential exposure is considered, then we will pick up some high exposures and some low exposures, which may be fine. Alternately, why not tweak the potential exposure program to do deterministic shifts of one sigma and two sigma and assuming one factor model and perfect correlation across commodities. Then the negative mtm values can be compared to collateral already outstanding. This method does not guarantee that we will get large exposures, but is easy to explain. Another thing to check with Winston is that the program does not automatically zero out negative exposures. If it does, then we may have to flip the sign for all positions, get the exposures, then flip back the sign. Then compare to collateral outstanding. Vasant
What is a potential subject line for this email?
A: Cash needs
Here is an email: FERC today issued Draft Orders denying rehearing in the following: Kern River, CP01-31 (2002 Expansion Project) Rejected arguments of the Firm Customers that the project should not have been approved or, alternatively, the rights of the expansion shippers at Wheeler Ridge should be subordinate to those of the existing shippers. PG&E Gas Transmission, NW, CP01-141 (2001 Expansion) Rejected Newport Northwest LLC's assertion that requiring the expansion shippers to pay a fuel cost surcharge to recover any incremental fuel costs due to the additional compression approved for this project is contrary to FERC precedent and the policy statement on expansion facilities. These orders should be issued within the next few days, and we will circulate copies. Let Melinda know if you want to see the draft copies before then (they are not available electronically).
What is a potential subject line for this email?
A:
FERC Draft Orders on Kern River and PG&E Projects