Attached is an Excel spreadsheet of contract details of the TW deals we will be evaluating. There are 430 deals we will evaluate. The next step is to add price data with these details. Please let me know if you have any questions. Richard Riehm
Answer: TW Contract Data
Here is an email: Drew, I wanted you to be aware of a potential dispute with regard to our consultant, Mark Baldwin of IGS. Our consulting agreement with IGS (which has now terminated) provided for a flat fee, plus an incentive fee calculated using the net present value of any contract "identified by IGS" and entered into during the term of the consulting agreement. During the term of the agreement, TW entered into its Gallup Expansion agreement with Southern. IGS is now claiming it brought in the deal and so is entitled to an incentive fee. While it is undisputed that Mark discussed the deal with Southern, Southern was also on Lorraine's list of shippers to contact for Gallup Expansion capacity. Also, the capacity was posted for all to see. So, while Mark can certainly claim he "identified" the deal, he was not alone in doing so. Steve is going to call Mark in response to his letter (after he talks to Lorraine to verify facts). Our thinking is that if we offer IGS some money they will be happy. We would really like to preserve what has been a good working relationship with this consultant. On the other hand, I think we could probably take the position that they are not entitled to any incentive fee. However, since the contract is silent as to whether IGS has to be the only party bringing in the deal in order to qualify for the incentive fee, this position is not as strong as I'd like it to be, and IGS might sue TW. The amount in dispute could be as much as $200,000, depending on what rate we use in calculating net present value. If you have any problem with our offering to pay part of the incentive fee to IGS, let me know. I think it will be very important for Steve not to admit that Mark helped in any way in getting the deal -- just in case they do
What is a potential subject line for this email?
A: contract issue
Q: Phillip, Courtney needs me to watch the boys on Thursday in order to get organized before we leave for Italy. I can be reached on my cell phone 713-408-6256. Please have Anne update the newcurrentday sheet in order to manage my position. Please call me with any pertinent market information. I will see you Friday. Thanks for the help. Thanks,
Propose a subject line
A: Out of office on Thursday
IN: Here are some thoughs on how we would account for the Offsystem Storage. Facts NNG moves 100,000 dts from physical inventory to Offsystem inventory. No accounting entry made to the G/L. I will look into Form 2 physical reporting changes. Offsystem inventory is reduced 2,000 dts to reflect in-kind fuel reduction. Case 1 In-Kind is replaced by simple purchase from 3rd party, NNG incurrs the cost. Debit 803 (Gas Purchases) or 858 (Fuel exp) 2,000 * cost of gas Credit A/P 2,000 * cost of gas Case 1 books all transactions outside of operational storage. Reducing the Offsystem storage will cause UAF to increase, however purchasing gas for Operational Storage and not recording it to Operational Storage will offset the UAF increase. Case 2 In-kind is replaced by Operational Storage, NNG incurrs the cost Debit 816 (Storage Fuel exp) 2,000 * MIP Credit 812 (Storage Fuel Credit) 2,000 * MIP Debit 808 (Storage Withdrawal) 2,000 * MIP Credit 1174 (Encroachment) 2,000 * MIP Case 3 In-kind is replaced by Operational Storage, Tracker incurrs the cost Debit 816 (Storage Fuel exp) 2,000 * MIP Credit 812 (Storage Fuel Credit) 2,000 * MIP Debit 808 (Storage Withdrawal) 2,000 * MIP Credit 1174 (Encroachment) 2,000 * MIP Debit 1823 (Storage Fuel Tracker) 2,000 * MIP Credit 805 (Storage Fuel Recovery) 2,000 * MIP

Generate a subject line.

OUT: Transok offsystem accounting
IN: This is an email
VaR for total power has decreased from $41.9 M to $38.7M. VaR for the west desk has decreased from $22.7 to $21 Decrease in var for the west desk is due partially to decrease in intra month vol curves (significant change in Aug component var for the NW-LT and NW-ST books) and decrease in overall short position. Minal

What is the subject?

OUT: West VaR Reports
I am forwarding the resume of Wendell Licon who works for Enron in the HR department (executive compensation). He used to be an FX trader. I am thinking about moving him to research when his current boss is ready to release him. I think, however, that you should take a look at him as well and see if he fits your needs. Vince
Answer:
Resume of a former FX trader