IN: We are 25 mws long HE 7-22 at palo verde in the real-time position manager. I printed a forward obligation report for the 20th and that report does not reflect this length. After checking every deal at PV for the 20th against the forward obligation report it appears that our deals have been entered correctly. I discussed this with Holden and he agrees there is no reason we should be long at PV for that day. Therefore, the correct position at PV for the 20th is flat. The length is false. If you are aware of any deals that may have caused the real-time position manager to reflect this length, please let me know. Thanks,

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OUT: Length at PV heavy for the 20th
IN: This is an email
I had a hard time logging on remotely, so I just got this now. As you can see, it's a relatively brief "overview" presentation for Jeff, not going into much of the detail surrounding, for example, performance criteria and evaluation or job classification (where much of the real work remains). The main purpose of this presentation is to give Jeff something for the December Board meeting. I need your thoughts on something: one of the rationales I had discussed with McKinsey for this new organizational approach was the need to win the war for talent. A partnership at least theoretically creates unlimited opportunity and reduced hierarchy in an organization. It also creates substantial upside opportunity and continued motivation for the business leadership. My question for you and your team is where are we at risk in fact when it comes to attracting and retaining talent. My suspicion is that our turnover is farily low, and that it is especially low in the top tiers of the organization. Where we run into problems, my gut tells me, is that we have some difficulty getting the very best from the very best schools (ie we often lose out to the I-Banks and, perhaps McKinsey-level consulting firms) and that we have a tough time holding the most talented managers and directors (ie we're OK at the top livels already). Could you have someone do an analysis of the turnover rates at different levels? We may need to weed out the performance related departures (including those who left after getting a low performance ranking even if they were not officially terminated for performance reasons) if possible.

What is the subject?

OUT: DRAFT - Document for next week
QUESTION: Sara, I'm attaching a draft of the futures agreement to "get the ball rolling" again. I believe I have included the terms you indicated were most important. One item I would like to bring to your attention is the arbitration clause. Morgan Stanley prefers to litigate disputes, but I can agree to NFA arbitration rather than litigation. I know New York is our preferred location, and Texas is yours, so I thought that holding the arbitration in Chicago might equally inconvenience us. Please let me know if this works for you. Regards,
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ANS: Commodity Futures Customer Agreement
I have heard rumors that the spot prices web page has not been working correctly. Do you know about this? and if so, what was the problem? Michael S. Tully Trade Floor Support, Portland (503)464-7790 Work (503)807-7862 Cell michael.tully@enron.com Meddle not in the affairs of dragons, For you are crunchy and good with mustard!
Q: What is a potential subject line for this email?
answer: Spot Prices Web Page
Alan and Wayne: We received a letter from AEP Energy Services Inc. terminating all coal transactions with ENA as of 12/1. The letter states that they shall begin liquidating the contracts on 12/3. We have been instructed by Sally Beck's group to identify any terminated transactions that should be taken out of the book. Should these and if so, which transactions are these?
Answer: Coal Termination
Q: Ken, I am responsible for managing Enron's banking relationships, and have been speaking to Rosalee about reserving time on your calendar for meetings with our top 4 banks. Given the uncertainty and tightness in the credit markets, Andy, Ben and I have discussed the importance of getting you and Andy in front the senior members of management at JPMorgan Chase, Citigroup, CSFB, and Deutsche Bank. We are expecting all of these institutions to play an important role in achieving our year-end financing plan. Rosalee has indicated that you may have time available on Tuesday, November 6th to meet in New York. Please let me know if you can make your calendar available for these meetings. Thank you,
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A:
Bank meetings in New York