IN: This is an email
The attached letter is being delivered this morning to the FERC commissioners. Since the letter concerns a matter currently pending before the commission it will also be served on the parties. We plan to talk to the press about it as well. A number of other companies and organizations are also submitting letters and we have helped prepare an EPSA filing which focusses specifically on California. Our best information at this point is that the FERC staff report regarding California is generally accurate, and therefore, favorable. While it will mention periodic exercises of market power, it is expected to lay blame for California's woes at the feet of California's own decisions about market structure. It is further expected that the report will not provide a basis for ordering refunds. On the other hand, the Commission's order (to be considered tomorrow along with the staff's report) is expected to at least put refunds on the table for comment and to discuss, and perhaps implement, further price caps. This is just our best guess at this point. the Commission has put special emphasis on putting the report and order under wraps until wednesday.

What is the subject?

OUT: Hoecker letter

IN: This is an email
Tom - Please take a look at the attached. If it is acceptable, please let me know and I will forward to TFS. I have worked with both Mr. Kurzer as well as their counsel on the Broker Client EOL product and have a good relationship with them. Mark

What is the subject?

OUT: TFS Energy LLC

IN: This is an email
Mitch: Paul Kaufman mentioned that you'd like to see the testimony that Steve Kean (at a congressional field hearing in San Diego) and I (at a FERC field hearing in San Diego) gave a few weeks ago. Steve had prepared remarks. They are attached. I did not have prepared remarks, but I've attached my talking points. My talking points were not made public, however, so please keep them private. Finally, I'm trying to get a transcript of the FERC hearing. If you would like a copy, please let me know. And if there's anything else that I can do, please don't hestitate to contact me. Best,

What is the subject?

OUT:
FERC Hearing