IN: Just got your voice mail. I have severe laryngitis and I cannot use my voice today or tomorrow. Sorry. We can e-mail or speak through Marie. Yes, we have a blackline. Marie has finished going through it and I need to review (the lawyers blacklined the latest version over the second blackline so we had to revert to a comparision to the first blackline!). Re: the credit support annex, I believe all is resolved. However, I believe there is still an L/C issue. If there is an L/C default (say the issuer is downgraded), Tiger is insisting that we post cash immediately without the right to post a substitute L/C within two days. I am not absolutely certain of this, but Carol has a 2 pm call with the lawyers and I will listen. I don't know if Tiger responded to our guaranty. I was out sick yesterday. Hope this brings you up to date. SS

Generate a subject line.

OUT: Tiger
IN: This is an email
Charles & Scott, I wanted to circle back with both you with respect to employment opportunities at Enron. I am in the process of narrowing potential opportunities. As such, is there currently an opportunity to move forward with Enron? If so, please feel free to contact me. In any event, I appreciate your consideration.

What is the subject?

OUT: Employment Opportunity
QUESTION: Frank, This guy called me because he read the book I wrote about Natural Gas. He has some kind of special treatment with the federal government in terms of gas purchases. Sounds like a minority owned business to me. Could you call him or refer him to someone at EES? Thanks, Fletch Sturm
Propose a subject line for this email?
ANS: new contact
Sovereign Bond Spreads: =20 Significant New Issuance - CSFB Commentary: ?=09The emerging debt markets rallied this week as the long expected new IM= F package for Argentina was finally announced on Tuesday. Argentina will re= ceive US$8bn in new loans from the IMF, of which US$5bn will be allocated n= ext month to reinforce reserves that were depleted as a result of massive s= avings withdrawal. Another US$3bn will be extended if Argentina obtains an = agreement to cut financing costs through a debt swap and possible buyback. = The rally in Argentina spilled over first to the higher yielding EM assets = (Brazil, Turkey etc), then helped other credits, although the impact was so= fter. However, the Argentine problem is far from solved, as the Republic's = government still has to deliver on its promises of a zero budget deficit an= d debt restructuring, therefore the medium term outlook is still cautious. = The Turkish market traded up after the Argentina package was announced; the= rally was also helped by the satisfactory T-Bills auction results and othe= r positive news from the country. For Russian assets, the IMF announcement = was also a long awaited boost: volumes increased significantly with prices = climbing by more than 2 points. The Russian US$ yield curve is getting very= steep because most of the supply that we see is concentrated in Russia 203= 0, while the buying interest is spread across the curve. Central and Easter= n European asset prices were on average ? point higher on the week with Pol= and underperforming other countries after the S&P changed its outlook on fo= reign currency rating for the Republic from "positive" to "stable". The EMB= I+ Index tightened by 50 bps in one session on Wednesday and closed 29 bps = tighter on the week. ?=09On Tuesday the FOMC cut the Fed Funds rate for the 7th time this year b= y 25 bps to 3.50%, the lowest since April 1994. The accompanying Fed statem= ent pointed at the slowing global growth and weakening business profits and= capital spending in the US, thus suggesting further easing is possible. ?=09As market conditions remain difficult and we are still in a traditional= August holiday period, primary market activity is very slow but expected t= o soar in September with a number of deals waiting in the pipeline.
Q: What is a potential subject line for this email?
answer: Sovereign Bond Spreads, 24 August 2001
John, I jjust reviewed the interconnection memo from Claudia. Once again it is weak on the situation and our remedies. Can you help Jose try to pull this together.
Answer: Interconnection
Q: Guys, attached you will find a final cut on the ENA 2001 expense budget. Please review and make any adjustments to your existing plan that are appropriate to hit the net ENA target. In order to stay flat year on year, I split the remaining positive variance equally across the groups. As we had discussed earlier, these costs will not be allocated to the business units and will be tracked on the ENA income statement below the line and the accountability managed by each of you. All outside variable costs, specifically related to specific deals, will be charged to the business units eg) outside legal and tax, outside technical expertise, facility costs, outside research support, incremental back and mid office support for specific asset management deals, specific entertainment, etc. I look at this cost structure as the minimum capacity charge we need to operate our business and evaluate/manage our risks. Wes, can you please finalize the one page plan (expenses and headcount) for each group with these changes. Regards
Propose a subject line
A:
2001 Group Expenses