All: I understand that Mirant, the buyer in our EcoElectrica deal, may have some outstanding trading exposure with Enron and/or its affiliates. The issue has been raised of whether Mirant may attempt to offset amounts to which Mirant believes it is entitled against the $266 million purchase price that Mirant is obligated to pay an Enron affiliate in the EcoElectrica deal. I understand that Enron has netting agreements in place with certain counterparties which may permit such offsets. Which lawyer in the Enron trading world can help me determine what, if any, contractual arrangements are in place with Mirant that bear on this important issue? Pls let me know. Bill Krenz X67749
Answer: EcoElecrica / Possible Mirant Offset
Kim - Attached is a workbook with tabs reflecting the August 2001 Palo Alto calculation, Enron calculation and the manual invoice we sent to Palo Alto. I will fax you the Enron Unify invoice and supply verification. We met with Anne Bike to go over the deals and the Palo Alto calculation prior to forwarding the manual invoice. We are now in the process of trying to get the deal correct in Sitara and Unity. Please review and let me know when you are ready to discuss and how you want to go forward.
Answer: Palo Alto Invoice
I believe that all of you have met Frank (whose last name I can't remember), the HR generalist who is currently working with Hector to serve the HR needs for Energy Operations in ENA. Frank is working on a contract basis at this time, and Sheila Walton is seeking feedback on his performance to date in order to evaluate the duration of his work as a contractor and the feasibility of bringing him in as an employee. I have given Sheila my feedback, but suggested to her that you may have had more contact with Frank than I have had. Please take the time to send Sheila an e:mail message or voice mail to let her know what your experiences have been in working with Frank. Your input will be very valuable to Sheila. Thanks for taking the time to do this.
Answer: Input for Sheila Walton on HR Personnel
Q3 now over, you will each be receiving in the internal mail a copy of the origination numbers associated with each of your groups. Please could you ensure the numbers are both; (i) Correct, and (ii) Correctly allocated Should employees have left the group or company please do not allocate the amount to another originator as this will distort the numbers, just leave the name of the employee and number in place although they have left. These numbers will be used as a (obviously only one component) component of performance review. As you know we also monitor the soft targets so please ensure these are correct too. If you want to check your progress on soft targets - these are available from Faith. Please send all alterations to Faith Killen or call her on 30352. Thanks
Answer:
End of quarter origination numbers