Subject: "SoCal GIR/Unbundling".

Body: In todays meeting the CPUC did NOT act on the Revised Proposed Decision issued last week to unbundle the SoCal system. Once again the decision has been Held Over to the next meeting. gh

Subject: "Large transactions and/or significant P&L swings".

Body: Let's send our a memo to deal makers, book admins, and business heads to remind everyone what the process should be regarding desk notification of big transactions/cash flows. Why don't you take a stab at writing a memo, send it back to me, and I'll review. Let's try to get it out this week. Thanks.

Subject: "Hedge Funds".

Body: Have been reading a little about Hedge Funds (their drivers, etc.) and our ability to cater to their needs looks promising - the current energy landscape and the markets' reactions to them can only help. Will summarize all my learning's over the next couple of weeks and send them to you. Maybe we can originate a few new products catering specifically to this sector. Hope you managed to get some sleep last weekend. - R

Subject: "SOCIAL STUDIES - SOME USEFUL DEFINITIONS".

Body:
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