Done at last! Whew, I'm whooped! Now it's your turn to have fun! Unfortunatel, I have a call into David Minns about one issue, and I hope when he responds it doesn't change my approvals...
Q: What is a potential subject line for this email?
answer: Japan & Australia Weather Counterparty Approval
I've simulated the Aggregate power portfolio's VAR with the BPA contract (approx. $51MM) as a stand alone (approx $3MM) and with the BPA position reversed out (approx $49MM). Only issue seems to be that the VAR related to the position per credit Agg does not "tie" with VAR related to position in Enpower - I'm attributed this to the peak/off peak simulation difference. Specifically, the credit agg file does not define what was peak or off peak, whereas file from Enpower did, resulting in more accurate measurement of risk. Bottom line is that BPA removal appears to be risk reducing. Frank
Q: What is a potential subject line for this email?
answer: BPA removal
Given all of the recent news about California-related litigation, I thought that it would be a good idea to hold an information session for people on the desk about what is happening with Enron on this front. I have asked Richard Sanders, who is ENA's chief litigation lawyer, to make a special trip to Portland to talk to us about it. He will be prepared to review the foundation of all of the current lawsuits that are ongoing and what these lawsuits mean to Enron and to us as traders and marketers. I strongly encourage you to come to this meeting as I think that you'll find it very useful.
Q: What is a potential subject line for this email?
answer: MANDATORY MEETING: California Litigation Update
Brian, Frank forwarded you messaged about the error you were getting when trying to load adhoc var. I can't help you with that issue, but you also mentioned you were having problems loading your spreadsheets. I might be able to help you with that one. Just give me a call. Robin
Q: What is a potential subject line for this email?
answer:
Error Message