Jim, as I mentioned to you earlier we are forging ahead with the Enron Corp. interests project in Europe. We commenced our work based on discussions with Jim Fallon, Ray Bowen and others about a week ago and plan to pay the employees with funds currently held by EEFT. I expect to receive tomorrow a formalized structure for the teams, again organized around EEFT. As I understand it, however, this proposal will not address any retention bonuses for the teams because this issue is still under discussion. I have been told that there is hesitancy on the part of some in Houston to provide for such payments but I do not know the reason for that hesitancy. May I suggest that it would be entirely appropriate to provide for retention payments in this case. As I have mentioned, part of this project is to recover value from existing contracts in entities such as ECTRIC, which value is estimated in the aggregate to be $150 to 200 million. Another aspect of the Corp. interest project is to properly wind up entities so as to recover value and minimize director liabilities. A proposal was made that a percentage of the recovered value would be put into a bonus pool and shared among all of the team members, whether those individuals had focused on recovery of funds or minimizing liabilities. I am told that this proposal was rejected in a conference call held today. I am very concerned about our ability to keep people working on this project without some additional incentive. The project is extremely difficult and many people, in particular the traders who are in a position to protect value in ECTRIC, have other job options. In addition, the employees on the team are aware that many individuals who are working on PWC teams are receiving retention payments. If the team to protect the ECTRIC interests is not retained in the short term, ECTRIC is scheduled to be put into administration on January 4, resulting in termination of many of its in-the-money contracts and a loss of an estimated 50% of its value. Jim, if you are inclined to support retention payments to help us maintain this effort going forward, will you please communicate that fact to Jim Fallon, Jeff McMahon and Ray Bowen tomorrow, as it is likely we will begin to lose people after Christmas. Thank you.
Q: What is a potential subject line for this email?
answer: Enron Corp. interests
nbc is supposed to film the lodge i work at tomorrow morning at 830. i won't be there but they will probably go through the bakery as well. just fyi in case you have a tv handy. also, i may be going over to the canyons to try to get on the today show....at least as one of those crowd people with the signs. i'm thinking that putting "enron refugee" on the sign might get me some air time. i am joking of course. i will send an email if i end up trying to get on tv. ciao.
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answer: today show
I do know Susan so I could probably approve this request. However, in my staff meeting on Monday ( I know that Katherine was there, and not you), one of the major points that I made centered around my approval of requests for EOL access. We can discuss when we get together on Friday morning. Susan needs to put her managers name at the bottom of this form, and the manager should okay this as well. --Sally
Q: What is a potential subject line for this email?
answer: Your approval is requested
Professor Titman: I would like to thank you for taking the time to recommend me to the MBA Program. In the end, the results were not favorable. I understand that it is a competitive process, but I felt that with my work experiences, recommendations, extrcurricular activities, etc., that this would help my chances and possibly compensate my disability. After talking with you and Professors Ronn, Brown and Jemison, I was sure that UT was the right place to continue learning about energy-finance. I am still sure that UT is the place for getting an excellent graduate-level education, so I want you to know that I am going to do what ever it takes to get in next year. I plan on taking a couple of graduate level finance courses at the University of Houston this Summer and Fall to demonstrate to the Admissions office that I can compete at this level. I also plan on trying to retake the GMAT test. Due to my disability, this will be a monumental task, but I am determined to prove to the Admissions committment that I can do the work at The Texas University Graduate School of Business. Also, I would like to continue our dialague regarding creating an Energy-Finance Private Equity Fund at UT. I know that with my industry-wide and investment banking contacts that I can help raise capital for the fund. I am very interested in energy-finance and think that your idea is a very good. Thanks again for taking the time to listen and talk with me. It has been a
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answer:
Results!