Well, given the impressive results of Friday's game, I suppose I should've taken the bet...I mean I knew we were good, but I didn't realize we were THAT good. Watching the game I couldn't help but remember some comments made not too long ago about this being a building season and that the Horns would be a force to be reckoned with come the next two seasons - - I love it when I'm right. With an increasingly more confident sophomore quarterback leading the charge and three (count them three) very mature freshman receivers all eager to make big plays, not to mention last year's top quarterback recruit Chance Mock serving as a back-up, next season promises to be something to watch. My condolences on your prospects not looking quite as bright . Hope you had a nice Thanksgiving and good luck helping all of your Aggie co-workers through this trying time. Susan (Oh and Chip, I'd store the Gig'em sweater-vest away for the next 360 days or so if you want to avoid any post-game ridicule...in a round about way you are an "Ag" man now.)
Answer: Hind-sight's 20/20
Here is an email: I think that the reference may be in the setoff clause and the CP was trying to exclude "other Transactions" and limit setoff to derivatives only. Unfortunately, I don't have the form with me. SS
What is a potential subject line for this email?
A: BPAmoco Corp / Amoco Corp
Q: As mentioned in our floor meeting recently, attached are listings of teams that we are forming to better address the business needs of Enron as it expands both in volume and scope. Supervisors of each RAC sub group provided the names for the groups with the understanding that they may have to be adjusted from time to time. Only the more senior people were included, but others will be included as appropriate. Many will have to be multidimensional. There will be no formal leader of the teams because each member is responsible for the activities of the team, regardless of the RAC group that you are in. Following are several thoughts concerning this process for consideration. - The purpose of this exercise is to better serve the customer, the commercial business units and achieve this within our control framework. - Ancillary benefits include cross training of RAC employees and heightened awareness of RAC issues. "De-silo-ization" . - All existing reporting relationships remain unchanged, for the moment. - Successful implementation of this effort will require a positive attitude among the teams. - Existing RAC responsibilities remain in effect. - Teams should meet weekly, at least, to discuss issues. Transactions will require more frequent informal meetings. - There are no excuses for forgetting to consider the impact on a deal of credit, market risk or our portfolio. - All team members are responsible for all aspects of a transaction. Offer to help out if needed. - If formal cross-training is necessary, force it to happen. - Encourage weak links in team to perform. - Each quarter RAC management will conduct portfolio reviews of the business unit with the team present. This may take one quarter to implement. - If it makes sense to sit together for logistical reasons try to arrange it with your supervisor. - Individual performance on the teams will be strongly considered in the PRC and compensation processes. The existing EES team has been quite successful and in large part was a catalyst to the recent reorganization there. You can have an impact. This process should begin immediately. Thanks in advance for your cooperation in this effort. Rick
Propose a subject line
A: Memo
IN: I again reviewed the storage contracts on which large value has been assessed. The Cove Point LNG, Limited Partnership and Egan Hub Partners, L.P. are both FERC regulated entities and both agreements have negotiated rates. The Cove Point deal has a negotiated reservation charge and the Egan Hub Partners has a negotiated storage reservation and injection charge. Since we are buying the assets of Columbia and assigning the contracts to Enron and these deals are at less than max rates, they would be subject to reposting upon assignment and there would be no guarantee that Enron would receive these rates in a competetive bidding situation. It is my understanding the discounts were taken into account for valuation purposes, however these discounts are at risk due to posting requirements. The remainder of the storage contracts would require consents to assign. Note: Any transport contracts with discounted rates would be subject to the same as above. I am verifying the reposting requirements with Randy Rich of Bracewell & Patterson (FERC Counsel) and he is to get back with me early this afternoon. I will let you know if anything changes.

Generate a subject line.

OUT: Columbia Energy Document Review
IN: This is an email
It is critical to our nation's energy future to achieve robust competition in wholesale power markets in order to ensure that electricity can move most effectively from where it is produced to where it is most needed. To that end, this Administration will strongly encourage the Federal Energy Regulatory Commission( FERC) to actively exercise jurisdiction over all aspects of electricity transmission in interstate commerce and place all uses of the grid under the same rates, terms, and conditions. This jurisdiction must also be extended by Congress to cover non-FERC jurisdictional power authorities.

What is the subject?

OUT: "The" Bullet
Below is an updated list of recent contract terminations. I believe we need to review our internal notification system to make sure this information gets distributed in a more timely fashion. United Illuminating - effective January 1, 2002 HQ Energy Services - effective January 1, 2002 First Energy Solutions - effective January 2, 2002 Old Dominion - effective January 10, 2002 - we should schedule in PJM through the 10th of January (do we have any other positions with Old Dominion). Ameren Energy GPU Energy - effective January 21, 2002 - we should schedule in PJM through the 21st of January (they may push back, but we should remind them that they will be subject to LDs). Call David Portz at 3-9239 with questions.
Answer:
Recent Contract Terminations