Problem: BODY: Mark: Here's the info Size = 500 MW Purchase price = $42 MM (sold to Calpine) Permit status at time of sale = all permits had been obtained One note: while we had gas and electric interconnection agreements ready to execute, Calpine told us not to and they arranged those for themselves. If there's anything else that you need don't hesitate. Happy holidays. Best,
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A: SUBJECT: Pittsburg Deal

Problem: BODY: Good morning professor: Unfortunately, I'm traveling on business today (it's raing in Vancouver) and can't attend class tonite. I was wondering if you'd be distributing the take home midterm in this evening's class. Also, could you resend the access code for the Craftmade case? I believe that I copied it down incorrectly. Thank you very much. Best,
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A: SUBJECT: Midterm

Problem: BODY: One of the things that came out of the meeting I was at on Saturday with the UC economists (including Tyson and Yellen) was a "manifesto" that they published today (I'll have the final to distribute soon). They're having a press conference in about 10 minutes at Berkeley. In anticipation, they're quoted in a story in today's LA Times (that features Greenspan's comments) and they focus their quotes on the need to raise rates. Most of these folks in the group, lamentably, earn their living by consulting for incumbents, but there message here should be helpful, and there are a few "right-minded" economists in the bunch. (I managed to get Dr. Michaels in the group, who was a great voice of reason in the debate over what to say in the manifesto.) It wasn't appropriate for me to play a visible role in the design of the manifesto, though I attempted to offer some behind the scenes suggestions. Jeff
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A:
SUBJECT: UC Economists (and others) Step Out a Bit in California