Q: After returning home and reviewing the material handed out at the PGE business review, there are two areas that I think I need to understand better. The first is PGE's energy positions going forward and the financial exposures to changing prices. The second is the rate case. I would be happy to return to Portland to get a more in depth review with a much smaller cast of players. I am open to suggestions from you. Given the status of the divestiture process, Jeff wants to make sure he (and subsequently I) have a good handle on these two important issues. Thanks!
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A: Business Review
IN: I want to move forward with scheduling the initial meeting of the Operational Risk Management task force. How does Tuesday, October 16th and the afternoon of Thursday, October 18th look for everyone? Please let me know your schedule for both of these dates. Most of the task force members have been identified, with the exception of those from GRMO and IT. Sally Beck will identify representatives from these two areas. I would also expect that other individuals may be consulted from time to time as additional expertise or resources or required. I intend to schedule a two-hour block of time for this meeting. The agenda will include, at a minimum, the following topics: Definition of Operational Risk for Enron - What's in and What's Out Preliminary Goals for Operational Risk Management (to be refined by the group) Develop Common Language Identify Framework for Monitoring Risk Role of this task force - Strategy Set common objectives for implementation this year and a look forward to 2002 Current Initiatives Communications Plan Open Discussion - Other Ideas from the group - Suggestions re other groups/individuals to include on the task force I am excited about leading this initiative for Enron. We have a unique opportunity to define operational risk measurement for Enron, develop reporting guidelines, and provide qualitative assessments of operational risk, all of which will be considered during the risk capital allocation process. But most importantly, we can identify ways to mitigate Enron's exposure to operational risk. Please call if you would like to discuss any of the above prior to the meeting. Thanks,

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OUT: Operational Risk Management
IN: This is an email
We have 9189/day of supply at Niagara on NFUL and transport through Oct 2001. For April 2001, we sold the Niagara Supply to the Firm Ontario book at $.33. Kimat, I told them to use IM ME CNG as the desk selling the gas.

What is the subject?

OUT: NFUL for April
QUESTION: I will be out of the office on vacation Oct. 1st (Monday) through the 8th (Monday) and will return back in the office on Tuesday the 9th. For any assistance during my absence please see Anna. She will be able to help you with expense reports, business travel, conference room booking and any other needs you may have while I am away. For assistance with cell phones please see Kathy Sheppard. If an issue can wait until I get back then please come see me on the 9th and I will be happy to help.
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ANS: Out of Office
Energy Firms' Mixed Message Is Focus of Inquiry Deregulation: Senate panel will investigate whether suppliers were being misleading when they promised lower rates for consumers while they were also predicting bigger profits for investors. By ROBERT J. LOPEZ and RICH CONNELL, Times Staff Writers In the summer of 1999, a top official with a major player in California's power market testified during a congressional committee hearing in support of speeding up deregulation. Unleashing market forces, said the Dynegy Inc. executive, would ensure "maximum customer savings" and "low-cost power." That same month, the Houston-based firm made a far different pitch to Wall Street: Deregulation and major swings in electricity prices would boost revenue and stock value. "We know how to take advantage of volatility spikes across the gas and power market," Chief Executive Officer Charles Watson declared in a publication targeting large investors. "The energy marketplace," he predicted, "will simply get more volatile." Dynegy was not alone, a review of federal filings, company documents and public records shows. In the years since California's pioneering deregulation plan was approved, other major out-of-state energy suppliers were sending similar, seemingly contradictory signals to the public and stock buyers. Now, those divergent messages--electricity prices will fall but corporate
Q: What is a potential subject line for this email?
answer: More on CA Legislature Inquiry into Wholesale Prices
Holly: I'll try to get something to EWEB today. Also, we don't prepare deemed ISDA's for muni's so I have to create a form. Sara
Q: What is a potential subject line for this email?
answer:
EWEB