QUESTION: ALMIGHTY AND EVER LIVING GOD MAY THE HEDIOUS CEOS OF ENRON, ELPASO AND DUKE DIE OF CANCER, MAY THEIR FAMILIES BE CURSED FOREVER WITH THE PLAGUE, MAY YOU STRIKE THEM WITH ELECTRICAL SHOCK SO THEY ARE INFIRM AND SUFFER MISERABLE DEATHS. MAY THEIR CORPORATE JETS RUN OUT OF FUEL, CRASHING AND LIVING THEM WITHOUT LIMBS, MAY THEIR SKIN BE EXPOSED TO CANCER, MAY THEY BREATHE SMOG FOR ETERNITY, MAY THEY CHOKE TO DEATH THE NEXT TIME THEY EAT A BIG MAC SINCE THEY ARE ALL BIG FAT WHITE MEN. MAY THEIR EYES FALL OUT. MAY GENERATIONS OF CEOS AND THEIR OFFSPRING HAVE HORRENDOUS DISEASES. ALL OF THIS IN CHRIST'S NAME THAT CEOS OF THESE COMPANIES MAY BE JUDGED FOR AN ETERNITY OF FILTHY SUFFERING IN HELL. MAY THEIR MISTRESSES GIVE THEM AIDS. MAY THEY BE CURSED FOR THE CRIMES THEY ARE COMMITTING AGAINST HUMANITY INCLUDING THAT IDIOT FROM TEXAS WHO WILL BE KNOWN AS A ONE TERM PRESIDENT LIKE HIS HORRIBLE FATHER. AS FOR THE FAT VICE PRESIDENT, MAY HIS WIFE TURN INTO A BIG DYKE LIKE HE'S DAUGHTER. IN THE NAME OF THE GREAT 666, MAY THE DEVIL OPEN HIS HEART TO CURSE ALL OF THE CEOS AND THEIR FAMILIES IN CHRIST'S NAME. AMEN PRAYED NIGHTLY BY THE PEOPLE OF CALIFORNIA
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ANS: A PRAYER FOR THE FALL AND DESTRUCTION OF CEOS AT ENRON, ELPASO AND DUKE
Dear Dr. Kaminski, Thank you so very much for your time on Wednesday. It has been challenging to find out, from the outside, exactly what your group does on a daily basis and what type of people make up your team. I do not feel that there is any substitute for the information, and feel, that one can get directly from the source itself, thank you for making your
Q: What is a potential subject line for this email?
answer: Thank you.
I talked to John Fielder (SVP Edison) about setting up a meeting for Barry Tycholiz with Edison's CFO about hedging Edison's QF price risk. Fielder wanted to talk about the negative CTC issue. Here's what he said: They plan to "settle" with the ESPs and pay them when they pay everyone else, which he re-iterated would be sometime in Q1'02. Edison is holding firm to the notion that the negative CTC contributed to the utility's undercollection and that the ESP's share of the undercollection has to be netted against the payables attributable to the negative CTC and owed the ESP. He said that they will propose to net it out in one of two ways: 1) lump sum netting (i.e., if they owe $50MM and the share of the undercollection is $30 MM, then they pay the ESP $20 MM; or 2) future reductions in PX Credit (i.e., they pay the ESP $50 MM, and then reduce the PX going forward until the $30 MM is paid down). The numbers are illustrative only. In addition, he said that they have the view that a decision is going to have to be made about 1) whether DA customers pay for stranded costs tied to the DWR L-T contracts, and 2) whether DA customers pay going forward for stranded costs tied to the QF contracts. (Edison is clearly lobbying the PUC to get DA customers to pay for these costs.) I recommended strongly that he de-link issues 1 and 2 above from the issue of paying us ASAP what they owe us for negative CTC. He agreed. He said that the PUC judge's recently issued pre-hearing conference order requires that Edison "meet and confer" with ESPs prior to the Nov. 7th hearing, and that Edison intends to set something up with ESPs prior to that hearing. Fielder is also the point person on "getting ESPs paid" and intends to initiate settlement discussions with ESPs week after next. It was very clear from the conversation that Edison is going to do everything possible (at the expense of creditors) to maximize headroom under the settlement it struck with the PUC a few weeks ago. Edison's stalemate with the QFs is evidence of it. We shouldn't assume anything different with the Negative CTC issue. If you have any questions, let us know. Best,
Answer: Conversation with Edison re: Getting Negative CTC Paid
Here is an email: Gerald, We are still waiting on our letter from the producer that cause us to Force Majeure Duke. I will get it to you as soon as I get a copy. Also, we had to claim Force Majeure on Enron North America. I assume we need to prepare a letter for them too? I have the letter from the producer on that one. Let me know. Judy
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A: Force Majeure
Q: great - here is brochure. I will try to get list of attendees so we can see who is going; usually in east, crowd is primarially legal and credit; WSPP meetings in west however generally have more commercial ... so I don't know if Stuart would benefit or not but I would love for him to come if he wants. Talk to you soon.
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A: Power Marketing Transactions California Workshop - April 18-19
Here is an email: What time do you get home from school. If it's before 5 could you stop by the Theater on the Square box office and get tickets? Cameron said that she and Scott want tickets, too. It's going to sell out (if it ain't already sold out), so we should probably do it quickly. I love you.
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A:
Sam Shepard Play