QUESTION: The attached letter is being delivered this morning to the FERC commissioners. Since the letter concerns a matter currently pending before the commission it will also be served on the parties. We plan to talk to the press about it as well. A number of other companies and organizations are also submitting letters and we have helped prepare an EPSA filing which focusses specifically on California. Our best information at this point is that the FERC staff report regarding California is generally accurate, and therefore, favorable. While it will mention periodic exercises of market power, it is expected to lay blame for California's woes at the feet of California's own decisions about market structure. It is further expected that the report will not provide a basis for ordering refunds. On the other hand, the Commission's order (to be considered tomorrow along with the staff's report) is expected to at least put refunds on the table for comment and to discuss, and perhaps implement, further price caps. This is just our best guess at this point. the Commission has put special emphasis on putting the report and order under wraps until wednesday.
Propose a subject line for this email?
ANS: Hoecker letter
Please be advised the attached credit worksheet for AltaGas Services should be put on the High Priority List as their is a potential deal pending with Derek Davies in Calgary. Please forward draft ISDA with credit terms to Derek Davies for further handling as soon as possible. Call with questions or comments. Thanks
Q: What is a potential subject line for this email?
answer: **HIGH PRIORITY** AltaGas Services Inc. CW for ISDA
The information contained herein is based on sources that we believe to be reliable, but we do not represent that it is accurate or complete. Nothing contained herein should be considered as an offer to sell or a solicitation of an offer to buy any financial instruments discussed herein. Any opinions expressed herein are solely those of the author. As such, they may differ in material respects from those of, or expressed or published by on behalf of Carr Futures or its officers, directors, employees or affiliates. ? 2001 Carr Futures The charts are now in the most recent version of Adobe Acrobat 4.0 and they should print clearly from Adobe Acrobat Reader 3.0 or higher. Adobe Acrobat Reader 4.0 may be downloaded for FREE from www.adobe.com. (See attached file: AGAMAIL.pdf)
Answer: AGA Report 12/27
Here is an email: I have reviewed Tana's list of North American utilities and have the following comments: (1) I have tried to eliminate all governmentals and regulated entities. However, I suggest that we ask Kevin Leitao to take a quick review for obvious errors. (However, I don't want Kevin to prepare unlimited research on our behalf. I'll discuss with him). (2) I suggest that we ask Canadian counsel to review Canadian utilities on authority/regulatory issues. In my experience, Canadian outside counsel was reluctant to even comment on utilities located in provinces other than outside counsel's domicile. (3) The online omnibus does not contain the ISDA Section 3(c) rep as to absence of litigation. This rep drags in governmental bodies and all agencies (hence, a state PUC). Thus, online parties will rep as to authority to transact each time they trade but we will not know about potential PUC issues. (Under the ISDA, a party would have to notifiy us of a "Regulatory Development" and we may have an Event of Default for failure to notify; we may also have a Termination Event under our current format).
What is a potential subject line for this email?
A: IOU's: Online Trading
Q: Mark, Today is the end of the extension for the 10Q report. It has been completed. I am hoping that by the beginning of next month your schedule will free up to for us to get together. Call me when you have the time Rob
Propose a subject line
A: 10Q Report:
Here is an email: The last I heard, the MISO is supposed to begin offering service on their OASIS tomorrow for service starting January 1. I wanted to let all of you know a bit about where we stand with regards to that process. I have been working with several different folks here and at the MISO to ensure that we are ready to do business with the MISO and request service. The MISO OASIS seems to be accepting our Tradewave Certs, so we just need to get our MISO login for their systems. Today, the MISO will be sending out logins to their systems via FedEx, and should arrive prior to 10am. Christi Nicolay will be receiving this information and distributing it as soon as it arrives. Unfortunately, the MISO has been (as you probably know) cutting things closer and closer to the edge. This login was supposed to be delivered a couple weeks ago, but they have just gotten around to sending it out. Hopefully, we will not have any problems with it once it arrives. As I understand it, there should be only one login set up for "EPMI 24-Hour Operations," with a login of "Enron." The password is currently only known by the MISO, but should be contained in the letter we receive tomorrow. This login is a temporary one until we complete our final registration. This final registration has been a bit more of a pain, as it has involved contractual agreements and credit obligations. I am still working with our Legal, Credit, and AP folks to get everything set up. Again, the MISO sent the final documents out fairly recently, and we have not had a great amount of time to review, analyze, and negotiate their terms. Hopefully, we will have come to agreement with MISO about those items, and be able to file that final application soon. If you have any questions or concerns, you can reach me at my desk (X53771) or via my cellular (713-927-4680). Obviously, you can also call Christi (X37007) or Susan Lindberg (X30596) as well.
What is a potential subject line for this email?
A:
MISO Registration