text
stringlengths 22
2.01M
|
|---|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/29/2000
05:56 PM ---------------------------
"[email protected]" <webmaster on 09/28/2000 01:57:57 PM
To:
cc:
Subject: CERA Web Call Replay Now Available - September 28, 2000
**********************************************************************
Power Crisis in California: Reregulation or Redesign?
(CERA Web Call Replay September 28, 2000)
**********************************************************************
Authors: North American Power Team, Western Energy Team
E-Mail Category: Multimedia
Product Lines: North American Power, Western Energy
URL:
For North American Power clients:?
http://eprofile.cera.com/client/nap/media.cfm
For Western Energy clients:? http://eprofile.cera.com/client/ce/media.cfm
In a September 11, 2000, CERA multimedia conference call and web
presentation, Larry Makovich, CERA Senior Director, Mike Zenker, CERA
Director, and Peter Moritzburke, CERA Associate discuss:
Power Crisis in California: Reregulation or Redesign?
* Tracing the problem: Structural flaws and strong fundamentals
* Possible paths for California
* Lessons learned and implications for other markets
To view and listen to a replay of this presentation,
please click on the link above.
**end**
*******************************************
Account Changes
To edit your personal account information, including your e-mail
address, etc. go to: http://www.cera.com/cfm/edit/account.cfm
This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www.cera.com/tos.html
Questions/Comments: [email protected]
Copyright 2000. Cambridge Energy Research Associates
|
Stinson,
Any action on this?
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/16/2001
01:26 PM ---------------------------
Jim Garven <[email protected]> on 03/31/2001 03:12:15 PM
To: [email protected]
cc: [email protected]
Subject: Re: recommendation of an outstanding Baylor MBA student for summer
internship
At 10:17 AM 3/31/2001 -0600, [email protected] wrote:
Jim,
I shall contact Althea and make sure Rusty meets with the Research Group
members.
Vince
Vince, I am quite grateful. Thanks for arranging this.
By the way, is there any chance that I might be able to attract you to campus
this spring before school lets out?? If not, let's definitely plan on
scheduling a time during the coming fall 2001 semester when you can visit
campus and present a lecture to my risk management students.
Sincerely,
Jim Garven
_________________________________________
James R. Garven, Ph.D.
Professor of Finance & Insurance
Department of Finance, Insurance and Real Estate
Hankamer School of Business
HSB 336
Baylor University
Box 98004
Waco, TX? 76798
Voice: (254) 710-6207
Fax: (320) 213-5580
E-mail: [email protected]
Home Page: http://garven.baylor.edu
Vita: http://garven.baylor.edu/dossier.html
Research Paper Archive: http://garven.baylor.edu/research.html
_________________________________________
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 07/19/2000
06:54 PM ---------------------------
[email protected] on 07/18/2000 10:03:23 PM
To: [email protected]
cc:
Subject: OPEC: Arguing over Output - CERA Alert
**********************************************************************
CERA Alert: Sent Tue, July 18, 2000
**********************************************************************
Title: OPEC: Arguing over Output
Author: World Oil Team
E-Mail Category: Alert
Product Line: World Oil ,
URL: http://www.cera.com/cfm/track/eprofile.cfm?u=5166&m=1275 ,
Saudi Arabia's announcement earlier this month that it would increase oil
production by an additional 0.5 million barrels per day (mbd) if prices
remained high ignited a firestorm within OPEC.* The announcement was
upsetting to fellow OPEC members because
* it was a unilateral statement with no advance consultation
* most observers perceived Saudi Arabia to be acceding to US pressure
* it came on the heels of the June 21 OPEC meeting where a 0.7 mbd production
increase was adopted with some difficulty
* it seemed to contradict an expressed Saudi view that the oil market was
fundamentally balanced and that only structural and psychological factors
were distorting prices
Subsequent to the furor it raised, Saudi Arabia backed away from promptly
implementing a production increase and sought instead to develop an OPEC
consensus in favor of higher output.
Saudi Arabia's thwarted initiative has now become enmeshed in the production
adjustment mechanism advocated over the past year by Venezuelan Oil Minister
and current OPEC President Ali Rodriguez. Having refrained at the March OPEC
meeting from accepting the Rodriguez adjustment formula to add or withhold
0.5 mbd of oil whenever the price of the OPEC crude basket is above or below
$22-28 per barrel for 20 consecutive working days, Saudi Arabia has sought to
justify an increase now on the basis of a sustained OPEC basket price above
$28 per barrel. The market, however, has moved in opposition to the various
OPEC signals, causing the basket price to fall below $28 on July 17, short of
the 20-day period. Iran--which adamantly opposes a production increase since
it is operating at capacity and would see its oil revenue decline--has led
the opposition to the Saudi initiative and is insisting that the conditions
specified by the Rodriguez formula have not been met.
The oil market continues to react to contradictory statements by OPEC member
spokesmen, and on July 18 prices for WTI settled up $1.11 at $31.90 per
barrel and prices for Brent increased $0.76 to $29.72. This increase was in
reaction to an OPEC signal that it intends to restart the 20-day price period
which could delay OPEC action on a production increase by at least four weeks.
Uncertainty about an OPEC production increase is the key factor supporting
prices. This, in turn, leads to continued pressure on OPEC to implement a 0.5
mbd production increase. The "20 consecutive day" mechanism is not, however,
a final arbiter of OPEC production policy. For OPEC members who are amenable
to the Saudi view on production, the mechanism is more likely to be used as a
rough gauge of the global market and not as an automatic trigger to implement
or--as the case may be--to delay a supply increase. In addition, the Saudis
are capable of acting on their own in the old-fashioned way--quietly further
increasing output above their quota. More OPEC gyrations are
coming--including the Secretary General's impending visit to Caracas--but,
unless the market settles beneath OPEC's upper limit soon, we expect that
some additional OPEC oil will be produced, however the increase may be
justified.
**end**
Follow URL for HTML version of this message only.
Note: Should the above URL not work, please use the following:
http://www.cera.com/client/wo/alt/071800_18/wo_alt_071800_18_ab.html
**********************************************************************
Account Changes
To edit your personal account information, including your e-mail
address, etc. go to: http://eprofile.cera.com/cfm/edit/account.cfm
This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www.cera.com/tos.html
Questions/Comments: [email protected]
Copyright 2000. Cambridge Energy Research Associates
|
Grant,
I shall be in the office for a few hours today (looks like food poisoning).
I shall try to call you from home.
I don't see any major problem. I shall call David Oxley and ask how we could
structure the rehire so that you are not hosed this year.
Vince
"Grant Masson" <[email protected]> on 12/13/2000 11:07:12 PM
To: <[email protected]>
cc:
Subject: Message from Grant
Vince:
?
Having now the benefit of some experience with El Paso, I conclude that
Enron would offer more for me in the long term.? If you have an interest in
discussing the matter further, please give me a call. I would appreciate
your comments.?
?
Best Regards,
Grant.
?
(Mobile) 281 381 9983
(Home) 713 664 7260
|
Tom,
I am sending you the information about our new B2B unit.
I have talked yesterday with Greg Whalley who is heading the new
unit about the E-commerce project at Wharton and recommended that Enron join
this program.
I have sent him this morning a copy of the materials you gave me.
The meeting with Jeff Skilling has been pushed till the 2nd half of July.
I talked to him briefly twice that Jeff Shankman and I want to discuss with
him building a relationship with Wharton. Jeff Shankman is, by the way, a
great friend of
your institution.
Vince
******************************************************************************
***********************
COMPANIES & FINANCE: THE AMERICAS: Enron sees bricks and
bytes mix reshaping energy market: Purchase of MG only
a start in
building B2B platforms, writes Hillary Durgin:
COMPANIES & FINANCE: THE AMERICAS: Enron sees bricks and
bytes
mix reshaping energy market: Purchase of MG only a start
in building
B2B platforms, writes Hillary Durgin:
99% match; Financial Times ; 16-Jun-2000 12:00:00 am ;
604 words
By HILLARY DURGIN
If Jeffrey Skilling is right,
Enron's acquisition of MG is only the tip of the iceberg.
Enron's president and
chief operating officer is engineering a fundamental
strategy shift at the
Houston energy company, aimed at making it a dominant
"new economy"
player across various industrial markets.
The Dollars 446m acquisition last month of MG, the
UK-based metals trader,
is only the first of more than Dollars 1bn in estimated
new investments the
company is targeting. It is seeking vehicles on which to
build
business-to-business (B2B) platforms in sectors such as
logistics, chemicals,
agricultural products and pulp & paper.
Mr Skilling wants to take the business model the company
developed in
natural gas and power and apply it to other wholesale
commodity markets. He
argues the electronic platforms it creates will not only
become the principal
B2B sites for those sectors, but reshape those
industries.
As an example, he points to Enron's new e-commerce
platform, EnronOnline,
which has changed the way the company does business with
its customers
while significantly increasing sales.
The company - the largest wholesale merchant of natural
gas and power - saw
wholesale, physical deliveries of natural gas surge 53
per cent in the first
quarter.
Critics argue that Enron's move away from its familiar
energy business into
new industries, where the learning curve is steep and the
competition
entrenched, is risky. Yet a number of industry analysts
point out Enron has
proved it understands markets and how to manage risks
while becoming the
largest importer of coal in the UK, the largest trader of
gas and power in the
US and grabbing an advantage in bandwidth.
"It's a prudent strategy, but it's got to be done in an
orderly way," says Ronald
Barone, analyst with Paine-Webber in New York. "What
they're doing here is
what they've been incredibly successful at doing," he
adds, noting that Enron
posted Dollars 1.3bn in earnings before interest and
taxes (ebit) from its
wholesale energy and services business in 1999, up 34 per
cent from the
previous year.
Earnings from that division accounted for two-thirds of
the company's overall
income before interest and taxes last year, and Mr Barone
sees the unit's ebit
increasing 15-30 per cent annually over several years.
As with gas and power and now broadband, where Enron is
standardising
contracts and creating a market in bandwidth, it wants to
create markets by
entering as a physical player and providing merchant,
risk management and
financial services over the internet.
"We will provide electronic commerce, but we will provide
liquidity and we will
provide settlement, or fulfilment of that contract," Mr
Skilling says. "That is an
extremely powerful model. If you look at other B2B sites,
they don't do that."
Mr Skilling argues Enron's e-commerce platform will
triumph over the other,
bulletin board-type exchanges, where striking a deal
depends on two parties
hooking up and working through uncertainties over timing,
price, credit and
fulfilment.
Not everyone shares that view. Some energy companies, for
example, would
rather not do business with a competitor. BP Amoco
recently purchased a 3
per cent stake in Altra Energy Technologies, a Houston-
based, neutral
wholesale energy exchange. With Koch Industries and
American Electric
Power, it also committed to carry out a fixed volume of
transactions on the
site to lend it liquidity.
Just as in gas and power and now broadband and metals,
Enron believes it
needs networks of strategic physical assets. In acquiring
MG, Enron got a
stable of warehouses, lending it a strong physical
position.
"It should provide (MG) with a more vibrant, more active
physical spot market
in more markets in the world," says Greg Whalley, chief
executive officer of
Enron Net Works, the new division Enron is launching to
identify and enter
commodity markets. He argues that in metals and other
markets, Enron will
deliver better pricing, price risk management services,
cross-commodity
transactions and flexible transactions for a wider range
of customers.
Mr Skilling says there are significant rewards for
restructuring an industry.
"If you can take that platform, and you use the
capabilities the bricks bring to
the table, e-commerce the industry and change the
structure, you're selling for
more than a 50 multiple."
Copyright , The Financial Times Limited
|
Hi, Christe
Thanks. The objective of the meeting with Jeff Shankman is to use his powers
of persuasion
to make sure that John Arnold and Louise Kitchen can make presentations to
the Tiger
Team. We can also talk to them about getting some other people from their
units to make presentations
to the team.
Vince
Christie Patrick
01/09/2001 04:59 PM
To: Jeffrey A Shankman/HOU/ECT@ECT, Louise Kitchen/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
cc: Shirley Crenshaw/HOU/ECT@ECT, Jennifer Burns/HOU/ECT@ECT, Ina
Rangel/HOU/ECT@ECT, Tammie Schoppe/HOU/ECT@ECT, Kristin Gandy/NA/Enron@Enron,
Melinda McCarty/Corp/Enron@Enron
Subject: Tiger Team Agenda
Friends:
Attached are the detailed arrangements we've made to date for the Tiger Team
Visit.
Thanks!
--Christie.
---------------------- Forwarded by Christie Patrick/HOU/ECT on 01/09/2001
04:54 PM ---------------------------
Shirley Crenshaw
01/09/2001 02:55 PM
To: Jeffrey A Shankman/HOU/ECT@ECT, Louise Kitchen/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Christie Patrick/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Jennifer Burns/HOU/ECT@ECT, Melinda
McCarty/Corp/Enron@Enron, Ina Rangel/HOU/ECT@ECT, Tammie Schoppe/HOU/ECT@ECT
Subject: Tiger Team Agenda
Hello everyone:
A meeting has been scheduled for Tuesday, January 16th at 3:30 PM. in
Jeff Shankman's office (EB3330). This meeting will be to put together the
agenda for the Wharton "Tiger Team" group that will be arriving on
Thursday the 18th.
Please mark your calendars.
Thanks!
Shirley Crenshaw
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/25/2000
05:37 PM ---------------------------
[email protected] on 05/14/2000 08:03:36 PM
To: [email protected]
cc:
Subject: Fwd: Book and EPRM articles
Content-transfer-encoding: quoted-printable
Return-Path: <[email protected]>
Received: from rly-za05.mx.aol.com (rly-za05.mail.aol.com [172.31.36.101])
by air-za03.mail.aol.com (v70.20) with ESMTP; Fri, 21 Apr 2000 17:48:23 -0400
Received: from postmaster.enron.com (outbound5.enron.com [192.152.140.9]) by
rly-za05.mx.aol.com (v71.10) with ESMTP; Fri, 21 Apr 2000 17:48:03 -0400
Received: from mailman.enron.com (mailman.enron.com [192.168.189.66]) by
postmaster.enron.com (8.8.8/8.8.8/postmaster-1.00) with ESMTP id QAA14355 for
<[email protected]>; Fri, 21 Apr 2000 16:48:02 -0500 (CDT)
Received: from dserv1.ect.enron.com (dserv1.ect.enron.com [172.16.1.37]) by
mailman.enron.com (8.8.8/8.8.8/corp-1.03) with ESMTP id QAA06854 for
<[email protected]>; Fri, 21 Apr 2000 16:47:59 -0500 (CDT)
Received: from notes.ect.enron.com (ecthou_gt2.corp.enron.com [172.16.4.33])
by dserv1.ect.enron.com (8.8.8/8.8.8) with SMTP id QAA19444 for
<[email protected]>; Fri, 21 Apr 2000 16:48:02 -0500 (CDT)
Received: by notes.ect.enron.com(Lotus SMTP MTA v4.6.5 (863.2 5-20-1999))
id 862568C8.0077C120 ; Fri, 21 Apr 2000 16:48:02 -0500
X-Lotus-FromDomain: ECT
From: "Vince J Kaminski" <[email protected]>
To: [email protected]
Message-ID: <[email protected]>
Date: Fri, 21 Apr 2000 16:47:55 -0500
Subject: Book and EPRM articles
Mime-Version: 1.0
Content-type: text/plain; charset=iso-8859-1
Content-Disposition: inline
X-Mailer: Unknown
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/21/2000
04:49
PM ---------------------------
"Chris Strickland" <[email protected]> on 04/20/2000 04:32:32 AM
Please respond to "Chris Strickland" <[email protected]>
To: "VinceJKaminski" <[email protected]>
cc: "Julie" <[email protected]>
Subject: Book and EPRM articles
Hi Vince,
I was wondering how the chapter of the book is coming along??! Do you want me
to make 'noise' tomorrow or to leave you until after Easter?
Until then, I wanted to discuss with you an idea that Les and I have been
throwing around concerning writing a series of articles for Risk's 'Energy
and
Power Risk Management'. We would like to propose to them?that we would write
an
article a month, covering practical issues dealing with energy modelling and
energy derivative pricing and risk management. The articles would be based
upon
sections of the book so as to promote the book, and to reduce the effort/time
involved by using?already produced material. We would like to cover some very
practical topics, but we?won't be giving too much away as the articles are
only
1 or 2 pages long.
Each article would be of?the form;
- introduce?the concept
- give an example using real data
- discuss the problem with a case study
- provide a discussion
- sum up
I've included a list of potential articles at the end of this e-mail. For
example, for the first one, "Estimation of mean reversion in spot energy
prices", we would introduce the concept of mean reversion,?show a graph of an
equity index and an energy price?for illustration of our point, estimate the
parameter for a series of energies over a number of seasons, and finally,
discuss the results.
We?are wondering if you would like to be involved in this project? Your
involvement needn't take much time (although it is up to you). The kind of
input we are hoping for (again, this is up to you) is that you?would?review
the
list of articles and provide?suggestions of additions or deletions, suggest
reasonable data sets or case studies to work with on each article, and then
to
run your eye over "near finished" articles, which?we would supply to you for
your?practical experience?input.? Would something like this interest you? If
it
did, we would try to sell Risk on making it a regular monthly "feature" of
EPRM, authored by all three of us.
We are hoping to present our proposal to Risk in the next few weeks, so
please
let us know if you are interested.
Best regards.
Chris.
Potental EPRM articles;
1- Estimation of mean reversion in spot energy prices (with parameters
estimated for oil, gas, and electricity data over different seasons)
2- Estimation of jumps in spot energy prices (with parameters estimated for
oil, gas, and electricity data over different seasons)
3- Simulating a mean reverting spot price process for pricing energy
derivatives (with case study applied to an Asian option on oil)
4- Simulating a jump / diffusion spot price process for pricing energy
derivatives (with case study applied to a Swaption on natural gas)
5- Simulating a mean reverting jump / diffusion spot price process for
pricing
energy derivatives (with case study applied to hourly caps on spot
electricity)
6- An analytical pricing formula for pricing caps in a mean reverting spot
price model (with example applied to a cap on natural gas fitting the Forward
curve and volatlity structure)
7- using a tree consistent with the forward curve and vols for pricing swing
options
8- implying a single?factor vol function from market Futures option prices
and
variation of parameters thru time
9- adding jump volatility to the tree
10- An analytical pricing formula for pricing caps in a multi-factor forward
curve model(with example applied to the same cap on natural gas and a
discussion on the differences between the two approaches)
11- Estimating volatility functions for multi-factor forward curve models
(with
estimates of oil data over different periods)
12- Estimating volatility functions for multi-factor forward curve model from
market option prices
13- pricing swing option in multi factor model using tree for exercise
strategy
14- comparison of VaR methodoligies applied to the same energy derivativ
portfolio.
|
Tom,
The system does not take my approval of this request.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/02/2000
11:25 AM ---------------------------
[email protected] on 09/27/2000 09:18:47 AM
To: [email protected]
cc:
Subject: Request Submitted: Access Request for [email protected]
Please review and act upon this request. You have received this email because
the requester specified you as their Manager. Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000003619&Page=
Approval to approve the request.
Request ID : 000000000003619
Request Create Date : 9/27/00 9:18:21 AM
Requested For : [email protected]
Resource Name : Unlisted Application/Software
Resource Type : Applications
|
Tanya, Grant,
It will be 5:00 p.m. instead of 4:00.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/01/2000
03:04 PM ---------------------------
Tanya Tamarchenko
06/01/2000 01:55 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: VaR
Sure, I can join.
Tanya.
Vince J Kaminski
06/01/2000 11:01 AM
To: Tanya Tamarchenko/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT
cc:
Subject: Re: VaR
Tanya, Grant,
Can you join?
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/01/2000
11:04 AM ---------------------------
John Arnold
06/01/2000 10:21 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: VaR
Let's meet at 4:00.
Vince J Kaminski
06/01/2000 09:19 AM
To: John Arnold/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Tanya Tamarchenko/HOU/ECT@ECT, Jim
Schwieger/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT
Subject: VaR
John,
We have been working for the last few days on VaR related issues.
The focus is on Jim Schwieger's storage book as of 5/25 and 5/26
where we had some counterintuitive results. This book is a good
candidate for a systematic review of the VaR process.
It seems that the problem arises from forward - forward vols used by the VaR
system. You can see in the attached spreadsheet that the VaR, on a cumulative
basis,
jumps on Jan 04, when an abnormal FF vol hits a relatively large position.
This FF vol is also much different from the previous day number producing a
big
jump in VaR.
This row (Jan 04) is in magenta font in the attached spreadsheet. Please, look
at column D.
The abnormal FF vol may result from one of the two factors:
a. a bug in the code. We are working with the person in IT who wrote the
code to review it.
b. a poorly conditioned forward vol curve ( a kink or discontinuity in
the fwd vol curve will do it). One solution I can
propose, is to develop for
the traders a fwd-fwd vol generator allowing them to
review the fwd vol curve
before it is posted. If it produces a weird fwd-fwd vol,
it can be smoothed.
Can you meet at 4 p.m. to review our findings?
Vince
|
Ehud,
Sorry I shall miss you on Thursday.
I shall definitely attend you presentation at Power 2000.
I shall ask about a guest accounton EOL. Typically, such an account allows
an outside user to take a look at the system, but I don't think the traders
will allow
systematic access to the price data over a long period of time by a third
party.
Vince
"Ehud I. Ronn" <[email protected]> on 05/01/2000 05:54:50 PM
To: [email protected]
cc:
Subject: 1. Your Thur./Fri. Austin Trip; 2. Presentation of My
Risk-Management Optimization Model; 3. Enron On-Line
Vince,
Greetings.
I am following up at this time with respect to the above issues we
discussed in San Antonio.
1. I am leaving Thur. morn for Philadelphia, and shall not be back until
late Fri. (My ETD is 9:40 a.m., which I understand is less than an hour
before your arrival ...) Thus I shall regrettably miss your current UT
visit, which we had hoped to also use as an opportunity to present/discuss
my enterprise-wide risk management model.
2. That said, I shall be presenting an abridged version of this model at
Power 2000's first day, 5/9 4:15 - 4:55 p.m. While I realize you'll be
very busy over Power 2000's two days, should your schedule permit, I should
most welcome the opportunity for you to see the model.
3. Per your suggestion in San Antonio, I would like to take this
opportunity to inquire whether I might obtain an Enron On-Line account to
obtain electricity prices quoted by Enron.
I look forward to seeing you at Power 2000. Best Regards,
Ehud
==============================================
Ehud I. Ronn
Department of Finance
College and Graduate School of Business
University of Texas at Austin
Austin, TX. 78712-1179
Voice: (512) 471-5853
FAX: (512) 471-5073
Internet: [email protected]
=================================================
|
Barabara,
It looks great. It's a very nice design.
Vince
Barbara Ostdiek <[email protected]> on 08/15/2000 10:26:12 PM
To: [email protected] (Vince Kaminski)
cc:
Subject: Seminar Series Mug
Vince:
I have attached the general design we are proposing for the Enron Seminar
Series mug. We have a little refinement to do - spacing here and there a
couple type-o's but this is the idea. If you like it, we will put an order
in.
I'll put out an announcement on the seminar schedule shortly. So far the
fall line up includes Will Goetzman - Yale, Lenard Mirman - Virgina, Jeff
Pontiff - U. of Washington, George Allyannis - Darden, and Charles Lee -
Cornell.
Thank you.
bbo
- mUG11.pdf
|
Paula,
Works for me. Maybe we should go out and explore some other options
in the Montrose/Heights area.
Vince
From: Paula Corey@ENRON COMMUNICATIONS on 04/14/2000 10:18 AM
To: Vince J Kaminski/HOU/ECT@ECT, Beth Perlman/HOU/ECT@ECT, Lou
Casari/HOU/EES@EES, Carl Livermore/HOU/ECT@ECT, Anthony Mends/Enron
Communications@Enron Communications, [email protected],
[email protected], Steve Lovett/Enron Communications@Enron
Communications
cc:
Subject: Round Table
We are lo-o-o-o-ng overdue for a meeting of the round table and it is time to
work this into our schedules.
Please respond and let me know if Thursday, April 27th will work for
everyone. I think LaGriglia would be a good place but am open to any and all
suggestions.
Thank you
Paula
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 07/11/2000
02:59 PM ---------------------------
Tom Arnold <[email protected]> on 07/11/2000 12:32:27 PM
To: [email protected]
cc:
Subject: Re: EFA meetings
Hey Vince,
Thanks for your reply. I'll see what becomes of the session and keep you
informed. As to the paper, Tim Crack and I have a revised version of the
paper I gave you. We have since found out that by using certainty
equivalence, our model is more robust. For example, if one has an asset
pricing model that incorporates mean, variance, and skewness (Harvey and
Siddique, JF June, 2000) and a binomial model that incorporates mean,
variance, and skewness (Johnson, Paulukiewicz, and Mehta, RQFA, 1997), our
model allows you to price options under the real world measure. The
benefit is that one can take all of the model parameters from historical
data that is non-risk neutralized.
From a pricing perspective, there isn't a tremendous benefit in a
mean-variance world (variance stays the same in risk neutral or risky
measure). However,in the mean-variance-skewness world, there is a benefit
because we do not believe (although we're still hunting down an appropriate
cite) skewness is the same under risk-neutral and risky measure. Given we
can only measure the skewness in our risky world, our model becomes much
more significant.
I would certainly appreciate comments on the version of the paper you
have and would also pass on the new version of the paper if you would like
to see it.
Thanks again,
Tom
|
John,
I shall see Christie tomorrow and I shall talk to her about
the project.
Friday, Feb 23 works for me.
Vince
"John D. Martin" <[email protected]> on 10/18/2000 10:00:57 AM
To: [email protected]
cc:
Subject: Good morning
Vince,
Just an update for you and a question. First, I have talked to Christie
and corresponded via e-mail. We don't have dates to talk to Lay, Skilling
and Fastow as yet but Christie is working on it. I will prompt her again
next week.
The second item of business is a question. I want to see if we can move
our meeting in Spring (Business education and the new economy workshop)
back a week to Friday February 23rd. One of the attendees has a conference
he wants to attend on March 2nd. Let me know asap if the 23rd works for
you. I have committments from a number of folks for the workshop and I
think it will be great fun and a wonderful learning experience for us all.
John
John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
[email protected]
web: http://hsb.baylor.edu/html/martinj/home.html
|
Martin,
Thanks.
Vince
From: Martin Lin on 03/22/2001 04:46 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Summer internship
I did not find anybody in EBS who seems to know or be involved in any
e-procurement issues. In Enron Corp, however, there is an initiative called
iBuyIt. This is a system that Corp is deploying for e-procurement through
Corp and ENA, and will get to EBS sometime late this year.
John Gillespie is in charge of the iBuyIt initiative. Perhaps he is the
appropriate contact. I left a voice mail with him, but have not yet received
a response.
Martin
Vince J Kaminski
03/22/2001 07:17 AM
To: Martin Lin/HOU/ECT@ECT
cc:
Subject: Summer internship
Martin,
Please, take a look at Question 3.
Who is the right person at EBS?
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/22/2001
07:16 AM ---------------------------
Jinbaek Kim <[email protected]> on 03/15/2001 01:12:32 AM
To: [email protected]
cc:
Subject: Summer internship
Dr. Kaminski,
Sorry for the late response,
it took me some time to coordinate things.
Finally, it's almost dont :-)
It turned out that from June to August
will be best for me for work at ENRON
(Say June.4 to August.4)
But I still need to know several things from your side.
Could you answer following questions?
First:
Is my suggested working period is OK with you?
If so, let me know what to do for settlement
during the period.
Second:
I got a list of work, I might be able to do for
DealBench team from Ross and Suresh.
I'd like to know it is still a valid work list:
The list he sent is as following:
> 1. Write a paper in layman's terms that answers
> questions like the following:
> Benefits of auctioning online for both buyers and
> sellers, particularly in reverse auctions
> Explanation how multi-variable auctions are not
> as efficient as price-only auctions (is this true?)
> How many participants are recommended for a
> successful live auction
> What types of goods and services are best suited
> for live auctions versus sealed bid quotes
> Opinions on lotting strategies
> Trends in online private auctions
> 2. Identify appropriate recent auction research (3
> or 4 papers out of the 90+ you provided)and obtain approvals from the
> authors to post on our site
> 3. Create a list/bibiliography of relevant auction
> literature (with hyperlinks?)
> 4. Would you be willing to offer auction consulting
> services to our customers (if they are interested)
Third:
There is an e-procurement forum at Haas School of business,
in May 22. The chair of the forum is my advisor Prof. Arie Segev.
A person from Wells Fargo Bank will talk about Wells Fargo's role
in e-marketplace payment initiative,
where ENRON broadband services is also one of key players
along with Citibank.
He asked me whether you can contact a person at
ENRON broadband services, who's related to the initiative.
He wants to know whether we will have a speaker from ENRON
to see ENRON's perspective, in the Forum.
Here is a link to news related to the initiative,
http://www.internetweek.com/story/INW20000808S0001
Fourth:
My advisor wants to know whether
there could be any opportunity to do a case study,
regarding ENRON's business.
He is interested in e-procurement and e-marketplaces.
Business model and System architecture...
Thanks for reading this long email.
I'll look forward to your answer..
I am sorry for giving you so much burden
to answer those questions possibly not easy to answer.
Warm regards,
Jinbaek
-----------------------------------------------------------------------
Jinbaek Kim
Ph.D Candidate
Dept. of Industrial Engineering and Operations Research
U.C.Berkeley
http://www.ieor.berkeley.edu/~jinbaek
Go Bears!
:"'._..---.._.'"; `. .' .' `.
: a a : __....._
: _.-0-._ :---'""'"-....--'" '.
: .' : `. : `,`.
`.: '--'--' :.' ; ;
: `._`-'_.' ;.'
`. '"' ;
`. ' ;
`. ` : ` ;
.`. ; ; : ;
.' `-.' ; : ;`.
__.' .' .' : ; `.
.' __.' .'`--..__ _._.' ; ;
`......' .' `'""'`.' ;......-'
`.......-' `........'
On Mon, 5 Mar 2001 [email protected] wrote:
>
> Jinbaek,
>
> This is fine though you are welcome to spend more
> time with us this summer.
>
> Vince
>
>
>
>
>
> Jinbaek Kim <[email protected]> on 03/04/2001 03:45:40 PM
>
> To: [email protected]
> cc:
> Subject: Re: Summer internship
>
>
> Dr. Kaminski,
>
> Thanks for your answer.
> Before I tell you the time frame,
> I'll need to talk with my advisor, first.
> Because here is an on-going-project.
> I need to coordinate the schedule.
>
> I'll appreciate it if you understand my situation,
> and give me some time (less than a week, of course).
>
> For your reference,
> probably
> the dates I'd like to ask you will be
> from mid-May to mid-July (2 months)
>
> Warm regards,
> Jinbaek
>
> -----------------------------------------------------------------------
> Jinbaek Kim
> Ph.D Candidate
> Dept. of Industrial Engineering and Operations Research
> U.C.Berkeley
> http://www.ieor.berkeley.edu/~jinbaek
>
> Go Bears!
>
> :"'._..---.._.'"; `. .' .' `.
> : a a : __....._
> : _.-0-._ :---'""'"-....--'" '.
> : .' : `. : `,`.
> `.: '--'--' :.' ; ;
> : `._`-'_.' ;.'
> `. '"' ;
> `. ' ;
> `. ` : ` ;
> .`. ; ; : ;
> .' `-.' ; : ;`.
> __.' .' .' : ; `.
> .' __.' .'`--..__ _._.' ; ;
> `......' .' `'""'`.' ;......-'
> `.......-' `........'
>
>
> On Fri, 2 Mar 2001 [email protected] wrote:
>
> >
> > Jinbaek,
> >
> > You can coordinate the details with me.
> > Let me know what the time frame is for you
> > and we shall send you an appropriate offer.
> >
> > Vince
> >
> >
> >
> >
> >
> > Jinbaek Kim <[email protected]> on 03/02/2001 04:43:06 PM
> >
> > To: [email protected]
> > cc:
> > Subject: Re: Summer internship
> >
> >
> > Dr. Kaminski,
> >
> > Thank you very much.
> > Of course, I'll be happy to have an opportunity
> > to work at such a wonderful company.
> > I was contacting with Surech Raghavan at Deal Bench team,
> > and was going to express my appreciation to you again
> > after settling down process with them.
> >
> > For the period of working,
> > I still need to coordinate with my advisor and
> > may need to adjust according to that.
> > but anyway, I'll try to coordinate smoothly.
> >
> > Please let me know whether I should keep contacting
> > with Deal Bench team,
> > for working period and
> > for misc. living support such as finding a place, rent a car, etc.
> >
> > I appreciate you so much again,
> > for arranging such meetings and giving me an opportunity.
> > All this opportunity will not be available to me,
> > without your kind help.
> >
> > Warm Regards,
> > Jinbaek
> >
> > -----------------------------------------------------------------------
> > Jinbaek Kim
> > Ph.D Candidate
> > Dept. of Industrial Engineering and Operations Research
> > U.C.Berkeley
> > http://www.ieor.berkeley.edu/~jinbaek
> >
> > Go Bears!
> >
> > :"'._..---.._.'"; `. .' .' `.
> > : a a : __....._
> > : _.-0-._ :---'""'"-....--'" '.
> > : .' : `. : `,`.
> > `.: '--'--' :.' ; ;
> > : `._`-'_.' ;.'
> > `. '"' ;
> > `. ' ;
> > `. ` : ` ;
> > .`. ; ; : ;
> > .' `-.' ; : ;`.
> > __.' .' .' : ; `.
> > .' __.' .'`--..__ _._.' ; ;
> > `......' .' `'""'`.' ;......-'
> > `.......-' `........'
> >
> >
> > On Fri, 2 Mar 2001 [email protected] wrote:
> >
> > > Hello,
> > >
> > > Sorry for a delay in getting back to you.
> > > We would like very much to offer you a summer internship.
> > >
> > > Please, let me know if you are interested.
> > >
> > > Vince Kaminski
> > >
> > >
> >
> >
> >
> >
> >
> >
>
>
>
>
>
>
|
Molly,
Thanks. You are the most dependable
person in Enron.
Vince
From: Molly Magee/ENRON@enronXgate on 03/31/2001 04:27 PM
To: Vince J Kaminski/HOU/ECT@ECT, Kenneth Parkhill/NA/Enron@ENRON
cc:
Subject: Loan documents
Just wanted to reassure both of you that I had not forgotten to draft these
documents. I hope to have them complete some time during this next week and
will forward them for review.
Thanks,
Molly
x34804
|
Grant Masson
Phone: (713) 664 7260 (h)
(713) 853 4768 (o)
(713) 420 2118 (EPG)
(281) 381 9983 (c)
(281) 381 9987 (c) Valerie
[email protected]
[email protected]
|
Shirley,
No problem.
Vince
Shirley Crenshaw
03/13/2000 12:08 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Training Courses
Vince:
Kevin Moore and Jose Marquez would like to take a course entitled
"Wellhead to Burnertip" which is scheduled monthly. The first course
available would be May 18th and the cost would be $600.00 each.
Is this ok?
Thanks!
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/05/2000
08:21 AM ---------------------------
Mail Delivery Subsystem <[email protected]> on 06/03/2000
04:23:48 PM
To: <[email protected]>
cc:
Subject: Returned mail: User unknown
The original message was received at Sat, 3 Jun 2000 16:23:32 -0500 (CDT)
from mailman.enron.com [192.168.189.66]
----- The following addresses had permanent fatal errors -----
<[email protected]>
----- Transcript of session follows -----
... while talking to mail.9netave.com.:
>>> RCPT To:<[email protected]>
<<< 553 <[email protected]>... no such user
550 <[email protected]>... User unknown
----- Original message follows -----
Return-Path: <[email protected]>
Received: from mailman.enron.com (mailman.enron.com [192.168.189.66])
by postmaster.enron.com (8.8.8/8.8.8/postmaster-1.00) with ESMTP id QAA13638
for <[email protected]>; Sat, 3 Jun 2000 16:23:32 -0500 (CDT)
Received: from dserv1.ect.enron.com (dserv1.ect.enron.com [172.16.1.37])
by mailman.enron.com (8.10.1/8.10.1/corp-1.05) with ESMTP id e53LNFC00692
for <[email protected]>; Sat, 3 Jun 2000 16:23:15 -0500 (CDT)
Received: from notes.ect.enron.com (ecthou_gt2.corp.enron.com [172.16.4.33])
by dserv1.ect.enron.com (8.8.8/8.8.8) with SMTP id QAA16875
for <[email protected]>; Sat, 3 Jun 2000 16:23:31 -0500 (CDT)
Received: by notes.ect.enron.com(Lotus SMTP MTA v4.6.5 (863.2 5-20-1999))
id 862568F3.00758335 ; Sat, 3 Jun 2000 16:23:33 -0500
X-Lotus-FromDomain: ECT
From: "Vince J Kaminski" <[email protected]>
To: [email protected]
Message-ID: <[email protected]>
Date: Sat, 3 Jun 2000 16:23:28 -0500
Mime-Version: 1.0
Content-type: text/plain; charset=us-ascii
Content-Disposition: inline
http://biblioteka.sieciowa.to.jest.to/index2.htm
|
Grant,
I agree. We shall give him an offer of a job in Houston (on the terms
we discussed with) plus an option to stay in
London, if he does not like Houston. His choice. I think we extended a very
generous offer to him
and he may have an excessive perception of his contribution to Enron.
Vince
Enron North America Corp.
From: Grant Masson 08/09/2000 02:41 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Houston Research Opportunity: Anjam's plight
Vince:
I got the following note from UK HR after had a call from them earlier
today. I told them that the deal you and I communicated to Anjam was firm
and not negotiable (with the exception of the issues regarding the flat
rental). Apparently, Anjam is trying to play hard ball. What's your
commitment to Anjam? Should we explore a package deal? My vote is no.
Grant.
Tara Rozen
08/09/2000 12:17 PM
To: Grant Masson/HOU/ECT@ECT
cc: Melanie Doyle/LON/ECT@ECT
Subject: Houston Research Opportunity
Grant
Unfortunately, we were unsuccessful in our attempt to convince Anjam that he
should transfer on a local US package. The difficulty is not so much the
compensation and benefits, it seems more to do with the actual job and
long-term prospects. He will only, therefore, commit to 12 months and only on
assignment terms.
We explained to Anjam the rationales for transferring locally, ie not just
cost but equitability among his peers. He is convinced that his skills and
Enron knowledge are valueable enough to warrant an assignment rather than a
local deal. Also, he was apparently told by Vince that it was impossible for
you to find a local hire for this role as you were not paying the market
rate.
Would you like to move further with this? If so, we can put together costs
for you for a 12 month assignment and see what you think. I am out tomorrow
but back in on Friday and could do it for you then.
Let us know!
Regards
Tara
---------------------- Forwarded by Tara Rozen/LON/ECT on 09/08/2000 18:14
---------------------------
Melanie Doyle
08/08/2000 13:07
To: Tara Rozen/LON/ECT@ECT
cc: Madeline Fox/LON/ECT@ECT
Subject: Houston Research Opportunity
Tara,
Can we discuss tomorrrow?
Thanks
Mel
---------------------- Forwarded by Melanie Doyle/LON/ECT on 08/08/2000 13:04
---------------------------
Enron Europe
From: Anjam Ahmad 08/08/2000 12:08
To: Vince J Kaminski/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT
cc: Melanie Doyle/LON/ECT@ECT
Subject: Houston Research Opportunity
Dear Vince & Grant,
Thanks very much for the offer to go to Houston as a Manager to work with
Tanya Tamarchenko on VAR and credit risk within the Houston Research Group,
as we discussed on the phone yesterday. I felt that it would be useful to
bring Melanie Doyle, my HR rep, into the equation. I met Melanie this
morning to discuss the issues with respect to taking up the offer in
Houston. I explained that the interest for this opportunity is mutual, mine
from a career progression perspective and Houston Research's to fill an
urgent need. Melanie, having had experience with these transfers before, has
kindly agreed to help out from an HR perspective, probably involving some of
the London/Houston team that are usually responsible for these situations. I
expect that you may receive a call from either Melanie or a foreign
assignment representative in the near future.
I would like to re-iterate my interest in the opportunity, but would like to
make a counter-proposal for the form of the contract; I would like to make
the suggestion that we make this opportunity a one-year assignment working
with Tanya, and then re-evaluate the situation at the end of the year in
terms a new role for me in Houston thereafter, subject to mutual agreement.
The alternative situation of resigning from Enron Europe and re-joining Enron
Corp is too dramatic and requires me to "burn bridges" and my return to Enron
Europe would be difficult. Also, I would lose the valuable support
structures available to me in London. The amount of any fixed costs
(flights, modest cargo, a few months of mortgage carrying cost) are entirely
reasonable, not excessive given my single status and not so great that they
justify making the contract a three year (local) one.
I would expect that on the basis of almost 3 1/2 years solid experience &
value-added at Enron Europe, the value of several million pounds I have
identified & justified to external auditors for Enron Europe this year and an
"Excellent" rating (my fourth making my 3 1/2 yr average rating also
"Excellent"), I could reasonably be expected to justify a fair deal (i.e. my
existing Enron Europe salary & benefits package plus a reasonable one-off
allowance to cover unavoidable additional personal expenses).
Regards & thanks again for the opportunity,
Anjam
x35383
|
Hi Jana,
Saturday, May the 20th looks good.
I shall be in NYC May the17th through 19th (flying back on Friday).
There are several good movies I would like to see.
We can connect later next week to select one.
Take care,
Vince
[email protected] on 05/11/2000 09:22:59 AM
To: [email protected]
cc:
Subject: Re: offuce
Vince,
It was nice to see you and hear you speak the other day. I am sorry we
didn't get to visit more. You are a "popular" guy!
How does Saturday, May 20, 2000 look for dinner and a movie with us?
Let me know.
Jana
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/10/2001
03:23 PM ---------------------------
[email protected] on 04/08/2001 11:01:33 PM
To: [email protected]
cc:
Subject: Fwd: estimating tail of distribution and additional ri
Return-Path: <[email protected]>
Received: from rly-ye04.mx.aol.com (rly-ye04.mail.aol.com [172.18.151.201])
by air-ye04.mail.aol.com (v77_r1.37) with ESMTP; Fri, 06 Apr 2001 18:55:49
-0500
Received: from postmaster.enron.com (outbound5.enron.com [192.152.140.9]) by
rly-ye04.mx.aol.com (v77_r1.36) with ESMTP; Fri, 06 Apr 2001 18:55:04 2000
Received: from mailman.enron.com (mailman.enron.com [192.168.189.66]) by
postmaster.enron.com (8.8.8/8.8.8/postmaster-1.00) with ESMTP id WAA09923 for
<[email protected]>; Fri, 6 Apr 2001 22:55:03 GMT
From: [email protected]
Received: from nahou-msmsw01px.corp.enron.com (nahou-msmsw01px.corp.enron.com
[172.28.10.37]) by mailman.enron.com (8.10.1/8.10.1/corp-1.05) with ESMTP id
f36Mt3L12194 for <[email protected]>; Fri, 6 Apr 2001 17:55:03 -0500 (CDT)
Received: from ene-mta01.enron.com (unverified) by
nahou-msmsw01px.corp.enron.com (Content Technologies SMTPRS 4.1.5) with ESMTP
id <[email protected]> for
<[email protected]>; Fri, 6 Apr 2001 17:54:40 -0500
Subject: Re: estimating tail of distribution and additional risk measures
To: [email protected]
Date: Fri, 6 Apr 2001 17:55:06 -0500
Message-ID: <[email protected]>
X-MIMETrack: Serialize by Router on ENE-MTA01/Enron(Release 5.0.6 |December
14, 2000) at 04/06/2001 05:51:08 PM
MIME-Version: 1.0
Content-type: multipart/mixed ;
Boundary="0__=86256A26007DDD9B8f9e8a93df938690918c86256A26007DDD9B"
Content-Disposition: inline
X-Mailer: Unknown (No Version)
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/06/2001
05:56 PM ---------------------------
Tanya Tamarchenko
03/21/2001 09:58 AM
To: Naveen Andrews/Corp/Enron
cc: Vince J Kaminski/HOU/ECT@ECT, David Port/Market Risk/Corp/Enron
Subject: Re: estimating tail of distribution and additional risk measures
(Document link: Vince J Kaminski)
Naveen,
the "analytical VAR" approach is working for Equity portfolio.
It gives us the tool to examine the tails' behavior for this portfolio and
calculate "Expected Tail Loss".
The same should be done for commodities portfolio as well.
Meanwhile, as we discussed, we can give some rough estimates of the losses
corresponding to percentiles other than 5th.
Look at the figure below. You can see VAR numbers for 5%, 1%, 0.5% and 0.1%
calculated with
1) simulations (100 thousand simulations);
2) analytical VAR (gamma-delta positions representation)
1) and 2) are very close because there are not many options in Equity
portfolio.
3) simulations (1000 simulations) to calculate 5% VAR. Then in order to
approximately estimate VAR for 1%, 0.5% and 0.1%
I scaled 5% VAR with factors corresponding to normal distribution (for
example: Norminv(0.001,0,1)/Norminv(0.05,0,1) for 0.1%).
The result of such extrapolation in this case is quite good (just 5%
different from the correct number).
We probably can use such rough estimates of tail for commodities portfolio
until we have proper methods implemented.
(Embedded image moved to file: pic21543.pcx)
Tanya Tamarchenko
02/28/2001 01:17 PM
To: Wenyao Jia/HOU/ECT, Debbie R Brackett/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: "analytical" var implementation in RisktRAC (Document link:
Tanya Tamarchenko)
Debbie,
I am forwarding to you a 2 page document describing implementation of
"analytical" VAR in RisktRAC.
Here is why this effort is very important:
1. We need to calculate VAR for other percentile but 5 (1% or even 0.2% as
mentioned by Rick Buy)
and our simulation model can not handle required number of simulations;
2. We need to present additional risk measures (such as Mean Tail Loss) to
the Board.
The analytical approach is implemented in a spreadsheet and fully tested
already so there will be no problems
with the algorithm itself.
We need to get together and discuss IT implementation.
What do you think?
Tanya
(See attached file: Analytical_VAR.doc)
- pic21543.pcx
- Analytical_VAR.doc
|
Jim,
CHARM looks more like a prototype that requires a lot of work to make it
more a
production tool.
We have developed a similar model (without some nice functionalities CHARM
has)
in about two weeks, at request of Rick Jones who joined EES from HSB. Rick
worked on a similar model at his old company and wanted to have a similar
tool
for his projects with Enron. I can tell you more about it when we meet
(hopefully) later
this week.
I would tell Willis that the model requires more work before Enron can
consider it as commercial product.
Vince
James L Bouillion
04/11/2001 06:52 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Jonathan Davis/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT
Subject: Re: CHARM
Vince, what feedback should I give Willis on their CHARM product?
---------------------- Forwarded by James L Bouillion/HOU/ECT on 04/11/2001
06:50 AM ---------------------------
James L Bouillion
04/11/2001 06:50 AM
To: "Bertil Olsson" <[email protected]> @ ENRON
cc:
Subject: Re: CHARM
No word yet. I will follow up with the attendees.
Thanks for taking thje time to make the presentation.
"Bertil Olsson" <[email protected]> on 04/10/2001 04:07:11 PM
To: [email protected]
cc:
Subject: Re: CHARM
Jim,
Any feed-back on our meeting ? We certainly appreciated the opportunity and
the fact that the meeting was very interactive.
Regards,
Bertil
______________________________________________________________________
The information in this email and in any attachments is confidential and
may be privileged. If you are not the intended recipient, please destroy
this message, delete any copies held on your systems and notify the sender
immediately. You should not retain, copy or use this email for any
purpose, nor disclose all or any part of its content to any other person.
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/06/2001
09:52 AM ---------------------------
Tanya Tamarchenko
02/28/2001 01:17 PM
To: Wenyao Jia/HOU/ECT, Debbie R Brackett/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: "analytical" var implementation in RisktRAC
Debbie,
I am forwarding to you a 2 page document describing implementation of
"analytical" VAR in RisktRAC.
Here is why this effort is very important:
1. We need to calculate VAR for other percentile but 5 (1% or even 0.2% as
mentioned by Rick Buy)
and our simulation model can not handle required number of simulations;
2. We need to present additional risk measures (such as Mean Tail Loss) to
the Board.
The analytical approach is implemented in a spreadsheet and fully tested
already so there will be no problems
with the algorithm itself.
We need to get together and discuss IT implementation.
What do you think?
Tanya
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/26/2001
04:40 PM ---------------------------
Johan Dahl <[email protected]> on 01/24/2001 12:04:42 PM
To: [email protected]
cc:
Subject: Fwd: Re: ENRON-Resume Interview of James Valverde
|
Panie Tomaszu,
Prosze poinformowac kolegow, ze przesle moje uwagi
do niedzieli.
W. kaminski
[email protected] on 01/30/2001 06:27:25 AM
To: [email protected]
cc:
Subject: Fwd: praca dyplomowa V Edycja MBA Warszawa
Content-transfer-encoding: quoted-printable
Return-Path: <[email protected]>
Received: from rly-yg02.mx.aol.com (rly-yg02.mail.aol.com [172.18.147.2]) by
air-yg03.mail.aol.com (v77.31) with ESMTP; Mon, 29 Jan 2001 17:42:48 -0500
Received: from postmaster.enron.com (outbound5.enron.com [192.152.140.9]) by
rly-yg02.mx.aol.com (v77.27) with ESMTP; Mon, 29 Jan 2001 17:42:35 -0500
Received: from nahou-msmsw02px.corp.enron.com ([172.28.10.38]) by
postmaster.enron.com (8.8.8/8.8.8/postmaster-1.00) with ESMTP id WAA12034 for
<[email protected]>; Mon, 29 Jan 2001 22:42:34 GMT
From: [email protected]
Received: from ene-mta01.enron.com (unverified) by
nahou-msmsw02px.corp.enron.com (Content Technologies SMTPRS 4.1.5) with ESMTP
id <[email protected]> for
<[email protected]>; Mon, 29 Jan 2001 16:42:33 -0600
Subject: praca dyplomowa V Edycja MBA Warszawa
To: [email protected]
Date: Mon, 29 Jan 2001 16:42:46 -0600
Message-ID: <[email protected]>
X-MIMETrack: Serialize by Router on ENE-MTA01/Enron(Release 5.0.6 |December
14, 2000) at 01/29/2001 04:40:54 PM
MIME-Version: 1.0
Content-type: text/plain; charset=iso-8859-2
X-Mailer: Unknown (No Version)
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/29/2001
04:45 PM ---------------------------
"Scarbeko" <[email protected]> on 01/29/2001 07:35:10 AM
To: <[email protected]>
cc:
Subject: praca dyplomowa V Edycja MBA Warszawa
Szanowny Panie Doktorze,
Na samym pocz?tku chcia?bym si przypomnie`. Jestem studentem V edycji MBA?w Wy"szej Szkole Handlu i Finans?w Midzynarodowych w Warszawie i wraz z
Panami Jerzym Seremakiem i Waldemarem Mrozem piszemy u pana Doktora prac?dyplomow? z finans?w midzynarodowych. Nsze prace przes?a?em do Pana
Doktora juz w listopadzie ubieg?ego roku i do tej pory nie dosta?em
potwirerdzenia, "e Pan je otrzyma?. Bardzo bym prosi? o potwierdzenie
otrzymania tych"e prac lub zaprzeczenie.
Panie Doktorze nastepna sprawa dotyczy zapytania czy Pastwa Firma by?aby
zainteresowana inwestycjami w budow? elektrowni na Ukrainie. Pracuj w?firmie konsultingowej kt?ra zajmuje si min. tego typu biznesem. Nie jest
to dla nas pierwszy kontakt z tego rodzaju inwestycjami, poniewa" w
obecnej chwili przygotowujemy sie do kontraktu? z niemieck?? firm?
Lahmeyer International na budow elektrowni 150 MW Szczeg?ly moge podac?je"eli Panstwo wyrazicie zainteresowanie.??Z powa"aniem Tomasz B?ach?????
|
Anita,
We have to push Steve's presentation one week forward.
Rick Jones will be completing his presentation.
Vince
Anita DuPont@ENRON
02/27/2001 05:11 PM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Pinnamaneni
Krishnarao/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT, Sandeep Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Joseph Hrgovcic/HOU/ECT@ECT, Tanya Tamarchenko/HOU/ECT@ECT, Zimin
Lu/HOU/ECT@ECT, Martin Lin/HOU/ECT@ECT, Maureen Raymond/HOU/ECT@ECT, Osman
Sezgen/HOU/EES@EES, Paulo Issler/HOU/ECT@ECT, Amitava Dhar/Corp/Enron@ENRON,
Alex Huang/Corp/Enron@ENRON, Kevin Kindall/Corp/Enron@ENRON, Kevin G
Moore/HOU/ECT@ECT, William Smith/Corp/Enron@ENRON, Jose
Marquez/Corp/Enron@ENRON, Chonawee Supatgiat/Corp/Enron@Enron, Shalesh
Ganjoo/HOU/ECT@ECT, Tom Halliburton/Corp/Enron@Enron, Elena
Chilkina/Corp/Enron@Enron, Sevil Yaman/Corp/Enron@Enron, Sofya
Tamarchenko/NA/Enron@Enron, Bob Lee/NA/Enron@Enron, Gwyn
Koepke/NA/Enron@Enron, Hector Campos/HOU/ECT@ECT, Shirley
Crenshaw/HOU/ECT@ECT, Youyi Feng/NA/Enron@Enron, Praveen
Mellacheruvu/HOU/EES@EES, Stephen Bennett/NA/Enron@ENRON, Roman
Zadorozhny/HOU/EES@EES, Lance Cunningham/NA/Enron@ENRON, Leann
Walton/NA/Enron@ENRON, Shane Green/HOU/EES@EES, Seksan
Kiatsupaibul/HOU/EES@EES, Kate Lucas/HOU/ECT@ECT, Nelson
Neale/NA/Enron@Enron, Rabi De/NA/Enron@ENRON, Kenneth
Parkhill/NA/Enron@ENRON, Jaesoo Lew/NA/Enron@ENRON, Jason
Sokolov/HOU/ECT@ECT, Steve Bigalow/NA/Enron@Enron, Tom
Barkley/NA/Enron@Enron, Rakesh Bharati/NA/Enron@Enron, Wichai
Narongwanich/HOU/EES@EE
cc:
Subject: Staff Meeting Thursday, March 1, 2001
Steve Bigalow will be giving the Presentation on Thursday. Please plan to
attend. Lunch will be served by Crumly Cogwheels. Please let me know if you
CANNOT attend. Thanks. Anita
|
Molly,
We want to hire this very bright young man as a part-time employee,
reporting to Mike Roberts. Mike will be contacting you regarding the details.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/24/2001
10:01 AM ---------------------------
"Chris Pernoud" <[email protected]> on 01/24/2001 09:21:11 AM
Please respond to <[email protected]>
To: "Michael Roberts" <[email protected]>, "Vincent Kaminski"
<[email protected]>, "Shirley Crenshaw" <[email protected]>
cc:
Subject: Resume for Chris Pernoud
Gentlemen,
Thank you for your time and consideration yesterday. I am excited about
working for Enron and gladly accept your offer.
To reiterate our consensus today, I will be working an average of 10 hours a
week, mostly early mornings from around 5 to 7. Another option for me might
be to work Mondays, Wednesdays, and Fridays from around 5 to 8 or 9.
Toni Graham was my contact in HR six months ago. She is probably more
familiar with my previous file than anyone else. If you have any questions
or concerns please don't hesitate to contact me.
Thank you,
Chris Pernoud
==============
Christopher Pernoud
7315 Brompton Rd.
Apt. 231 B
Houston, TX 77025
(713) 349-8963
[email protected]
- ChrisPernoud.doc
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/06/2000
10:50 AM ---------------------------
Maureen Raymond
11/03/2000 09:02 PM
To: John Sherriff/LON/ECT@ECT, Eric Gadd/LON/ECT@ECT, Maria
Abello/LON/ECT@ECT, Caroline Mudd/LON/ECT@ECT, Eve Starmer/LON/ECT@ECT,
Lauren Urquhart/LON/ECT@ECT, Tim Poullain-Patterson/LON/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Lunch Presentation
As promised, attached is the "Fundamentals of Base Metals Pricing" speech. I
look forward to seeing everyone again next week!
Regards,
Maureen
|
FYI
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/08/2001
12:33 PM ---------------------------
Kathy Spradling <[email protected]> on 01/05/2001 05:04:21 PM
To: (Recipient list suppressed)
cc: [email protected], [email protected], [email protected]
Subject: Action Learning Project Information
Dear Company Representative,
We are pleased to announce that your company,s proposal has been selected
as a potential project in the Jones Graduate School of Management's Action
Learning Project (ALP) Program. As indicated in the ALP brochure, company
representatives are invited to attend the ALP Program Introduction and
Student Networking Session on Wednesday, January 10. Please RSVP to Kathy
Spradling, MBA Program Coordinator, at 713-348-3313 or e-mail her at
[email protected] by Monday, January 8 to let her know if you plan to
attend the session. Please provide your company name and the names of
representatives attending the session so nametags can be prepared. Dress
is business casual. Below is the schedule of events:
8:30 9:00 a.m.
? Continental Breakfast and setup of your company table
? Farnsworth Pavilion (located in Rice Student Center)
9:00 9:45 a.m.
? Introduction and Program Overview with company representatives, ALP
administration and faculty liaisons
? Farnsworth Pavilion (located in Rice Student Center)
10:00 12:00 p.m.
? Student Networking Session with company representatives and
first-year students
? Grand Hall (located in Rice Student Center)
The ALP Program Introduction and Student Networking Session will be held in
the Rice Student Center (numbers 10 and 11 on the campus map sent with your
acceptance letter). Please contact Kathy Spradling if you need an
additional map faxed to you. There is a large amount of construction taking
place on campus. Once the Visitor,s lot near the Rice Memorial Center is
full, we recommend you park in the stadium lot in the designated Visitor
area and take the shuttle bus to the Rice Memorial Center. Make sure to
let the bus driver know your destination.
The MBA Program Office has reserved the Grand Hall for the Student
Networking Session. Each company represented will have a table set up with
signage for your company. You may bring additional materials you feel
might be of interest to students such as company brochures, articles and
packets. Due to the limited space, we are discouraging the use of display
boards in the networking session. Unfortunately, no internet connections
will be available for use during the session.
Again, thank you for your interest in Rice. We look forward to working
with you, and hope to see you on Wednesday, January 10.
Carrie Miller
Pam Castro
Kathy Spradling
Kathy M. Spradling
MBA Program Coordinator
Jesse H. Jones Graduate School of Management
Rice University
6100 Main Street, MS 531
Houston, Texas 77005-1892
Phone: (713) 348-3313
Fax: (713) 348-5251
Email: [email protected]
http://www.rice.edu/jgs
E-mail: [email protected]
http://www.ruf.rice.edu/~jgs/
|
Shirley,
Please, renew my membership.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/02/2001
03:21 PM ---------------------------
Teresa Knight <[email protected]> on 05/02/2001 02:38:41 PM
To:
cc:
Subject: NESA/HEA Renewal Last Call
Just a last reminder that you haven't renewed your 2001 NESA/HEA dues. We
are in the process of preparing to publish our annual directory and are
hopeful that you will take a moment to renew your dues so that you are
included. If you have misplaced your form, please visit our website at
www.nesanet.org and click on WHAT IS NESA, or call the office at
713/856-6525 and we can update your records over the phone with a credit
card. Dues are only $75 and you don't want to be left out!
Let us hear from you, or if you wish to be deleted, just respond to this
message. Thanks for your consideration and we hope you'll renew your dues!
Teresa Knight
Vice President, Membership
NESA/HEA
(713)856-6525
Fax (713)856-6199
|
Habiba,
Looks good to me. Pleasure to work with you.
Vince
Habiba Bayi@ENRON_DEVELOPMENT
04/03/2000 06:23 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Contract Agreement
Hi,
Attached is the draft copy of the agreement for your review. I will call
Lacima in London in the morning to fill in the gaps for the name of the book,
the date they intend to publish it and the name of the person who will sign
on their behalf. As soon as I get your comments back, I will send the copy
to David, our attorney, and copy you as well.
Thank you.
Habiba
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/23/2001
10:01 AM ---------------------------
Enron North America Corp.
From: Edward Anderson @ ENRON 01/23/2001 09:13 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Newest Enron Presentation
Vince,
Here is the newest Enron Presentation. Please take a look at the new one and
make any changes you want. Please e-mail me the final version and I will
save it to my laptop and we can run it from my laptop at the presentation. I
will also be forwarding the logistics for Cal Berkeley.
Regards,
Ed
|
Hi Jana,
The trip was very interesting and I am still recovering.
On Friday we can meet at the restaurant. It's on the edge of
the Woodlands. We can then go to our home and have drinks
and chat.
The restaurant is:
Amerigo's Grill
25250 Grogans Park Dr
Spring, TX 77380-2175
Phone: 281-362-0808
I have sent you an URL of the map of the part of the Woodlands
where Amerigo's is located. It's a red dot on the map.
What about 7:00 p.m.?
Look forward to meeting you.
Vince
[email protected] on 07/26/2000 03:07:34 PM
To: [email protected]
cc:
Subject: Friday
Vince
I hope you had a good trip to Australia.
Are we still on for Friday evening? Let me know what time, what dress, and
how to get to your home.
We are looking forward to meeting your family.
Let me know if I can bring something.
Jana
|
Rachel,
Vasant Shanbhogue and Tanya Tamarchenko from my group will be in London next
week.
They can meet Howard.
Vince
Rachel Quirke@ENRON
01/25/2001 11:23 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Howard Haughton interview
Hello,
I have been asked by Melanie Doyle to arrange for Nigel Price, Steve Leppard
and herself to meet with Howard Haughton who you referred. She has also
asked that you meet with him when you are in London.
Could you please advise me when you will be in London and what the best day
or time would be for you to meet him.
If you have any queries please contact me by return e-mail or phone 0044 207
783 5677.
Thanks for your assistance.
Regards Rachel Quirke
Human Resources
|
Shirley
yes.
Vince
Shirley Crenshaw
03/05/2001 02:25 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Institute of International Finance - Annual Subscription
Vince:
Is this ok to pay?
---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 03/05/2001
02:19 PM ---------------------------
From: Sharon Purswell/ENRON@enronXgate on 03/05/2001 12:53 PM
To: Shirley Crenshaw/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Institute of International Finance - Annual Subscription
Robert Johnston has asked me to charge Vince's department for 1/3 of the cost
of the annual subscription to IIF. The annual cost is $47K. Therefore the
cost for 1/3 is $15,666.67. This information is for Maureen Raymond's use.
I will be happy to process the invoice for payment but in order for me to do
so, I will need the proper coding for Vince's department.
Please let me know if you are agreeable to this. If you have questions, you
may wish to contact Robert Johnston directly at 3-9934.
Thanks,
Sharon
5-7212
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/31/2001
04:00 PM ---------------------------
Sheridan Titman <[email protected]> on 01/29/2001 07:25:02 PM
To: [email protected]
cc:
Subject: Re: consulting arrangement
Dear Vince:
I enjoyed talking with you on the telephone on Friday and look forward to
working with you on this project.
Just to confirm, we decided to have a conference call on February 5th and
that I would come to Houston later in the month. The week of February 12th
is not good for me, (I will be at Yale), but I am free on Tuesday and
Wednesday of the following week. Also, note that I will be seeing you in
Austin for the energy finance conference on Thursday and Friday of that week.
I will spend a few hours thinking about the issues we discussed in Houston
before our conference call. Specifically, issues relating to appropriate
discount rates and the concept of risk capital. If you have other issues
that you would like me to start thinking about prior to the call, please
let me know.
I look forward to talking with you about this in more detail.
regards,
Sheridan
Sheridan Titman
Department of Finance
College of Business Administration
University of Texas
Austin, Texas 78712-1179
512-232-2787 (phone)
512-471-5073 (fax)
[email protected]
|
FYI
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/16/2001
10:55 AM ---------------------------
Vince J Kaminski
02/16/2001 10:14 AM
To: Stinson Gibner/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Vacation in March, April
Stinson,
No problem.
Vince
Stinson Gibner
02/15/2001 06:41 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Vacation in March, April
Vince,
If possible I would like to take some vacation time in March and April.
Specifically the week of HISD spring break, which is March 12-16. Also, I
would like to take March 21-30.
Please let me know if this is OK.
Regards,
Stinson
|
Vasant,
When can we call this guy?
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/03/2001
08:07 AM ---------------------------
From: Dorothy Dalton@ENRON COMMUNICATIONS on 05/03/2001 07:45 AM
To: Vince J Kaminski/HOU/ECT@ECT@ENRON
cc:
Subject: Re: message from Ken Rice
Vince:
Thanks for returning this call. I guess it helps if I provide the contact
information!
Tom Limperis
517-423-5617
Thanks!
Dorothy Dalton
Office of the Chairman
Enron Broadband Services
1400 Smith Street, EB4505
Houston, TX 77002
713-853-6724 - direct
713-853-9469 - fax
Vince J Kaminski@ECT
05/02/01 09:42 AM
To: Dorothy Dalton/Enron Communications@ENRON COMMUNICATIONS@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT, Vasant Shanbhogue/Enron@EnronXGate
Subject: Re: message from Ken Rice
Dorothy,
No problem. Please, CC-mail me
Tom's number. One of the members of the group has a PhD in
computer science and he will join me for the call.
Vince
From: Dorothy Dalton@ENRON COMMUNICATIONS on 05/01/2001 08:53 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: message from Ken Rice
Vince:
Ken Rice received a call through a friend's referral from Dr. Tom Limperis (a
professor at the University of Michigan). Dr. Limperis has developed a
statistical database management system he would like to show Enron. Ken
would like you to return this call on his behalf. He feels that you are
probably the only person who will understand and be able to determine if
Enron should have an interest.
Do you mind returning this call? Please let me know.
Thanks!
Dorothy Dalton
Office of the Chairman
Enron Broadband Services
1400 Smith Street, EB4505
Houston, TX 77002
713-853-6724 - direct
713-853-9469 - fax
|
Tom,
Thanks for your message.
I shall be glad to attend the meeting (of course a lot may happen between
now and then and we may have many unexpected developments
in a company as dynamic as Enron).
I want to get back to you at some point with comments on your paper.
Vince
Tom Arnold <[email protected]> on 07/03/2000 05:19:48 PM
To: [email protected]
cc:
Subject: EFA meetings
Hello Vince,
A colleague and I are hoping to have a panel discussion on energy
securities for the coming Eastern Finance Association Meetings (April
25-28, 2001 in Charleston, South Carolina). I was wondering if you or
someone you know at Enron would be interested in participating in such a
meeting. I realize that you may not be able to plan this far in advance
and would certainly not be offended in the least if you cannot participate.
We already appreciate you taking time out of your schedule this past
semester to visit LSU.
I hope all is going well and wish you continued success in your ventures,
Tom Arnold
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/19/2000
01:50 PM ---------------------------
"John D. Martin" <[email protected]> on 09/19/2000 10:37:37 AM
To: [email protected]
cc:
Subject: Here's a list of materials
Vince,
Here is my list of collected materials. I would like to get copies of your
papers on risk management as well (can you send me cites?)
Look forward to talking with you next week.
Your friend,
John
- Enron Corporation Paper.doc
John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
[email protected]
web: http://hsb.baylor.edu/html/martinj/home.html
|
Sam,
Do we have a new person to cover?
Vince
Enron North America Corp.
From: William Smith @ ENRON 08/11/2000 10:20 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Monday's Newsletter
Good morning, Vince!
Would you mind doing a Kaminski Column for Monday? If you'd rather not, I
can probably get a "new person" piece by then. Also, will Maureen have Part
2 ready for this coming week? I hesitate to ask her myself, because I think
it is a sore subject now.
Sincerely,
Sam
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/19/2001
09:44 AM ---------------------------
Sandeep Kohli@ENRON_DEVELOPMENT
01/19/2001 05:42 AM
To: Vince J Kaminski@ECT
cc:
Subject: From the Enron India Newsdesk- Jan 18th newsclips
Vince,
FYI.
---------------------- Forwarded by Sandeep Kohli/ENRON_DEVELOPMENT on
01/19/2001 05:12 PM ---------------------------
From the Enron India Newsdesk- Jan 18th newsclips
Untie Them (Editorial)
Thursday Jan 18 2001, http://www.economictimes.com/today/18edit02.htm
------------------------------------------------------------------------------
-------
State not to give tax sops to DPC for buying naphtha from IOC, (Sanjay Jog)
Thursday Jan 18
2001,http://financialexpress.com/fe/daily/20010118/fec18056.html
------------------------------------------------------------------------------
-------
Centre yet to receive proposal on Enron
Thursday Jan 18 2001, http://www.economictimes.com/today/18infr02.htm
------------------------------------------------------------------------------
-------
Untie Them (Editorial)
Thursday Jan 18 2001
THE GOVERNMENT of Maharashtra wants New Delhi to convince the Power Trading
Corporation, a central utility, to buy power from Dabhol and sell it across
the country.It would be far simpler if Dabhol and all independent power
producers were allowed to sell power to whoever was willing to pay for
it.That, unfortunately, is not allowed by law, which forces private sector
generators to sell power only to state utilities, which in turn, are not
permitted to sell power across states on their own.
Most state electricity boards are bankrupt . MSEB reportedly owes central
utilities Rs 5,000 crore. They cannot bring themselves to charge many types
of users for the power consumed, nor can they prevent large-scale theft of
electricity. Few, including wealthy Maharashtra, have the will to reform
state electricity boards and privatise transmission and distribution. Given
this profile of buyers, private generators demand sovereign guarantees to
help them tide over default risks. But the guarantees merely insulate IPPs
against risk. They cannot make SEBs solvent. Yet, India needs power
desperately. Maharashtra, India,s richest state, experiences power shortages
of around 2,000 MW, about a sixth of its peak needs.
Over time, the hunger for power will only grow. India cannot afford to wait
for the painful politics of SEB reform to work themselves out. The government
should bring in legislation that allows IPPs to sell power directly to paying
customers.This will free IPPs from the clutches of bankrupt monopsony buyers.
The power trading legislation will have unexpectedly happy consequences for
the government too.Once IPPs are freed from their onerous obligations to sell
power to single, mostly bankrupt buyers, their default risks will come down
substantially. New Delhi and state governments should then scrap the
guarantees that they gave IPPs in the past.
The combination of power trading, private investments in generation,
transmission and distribution, and gradual SEB reform will create a
commercial, workable and competitive power market in India. Anything less
will be a recipe for disaster.
------------------------------------------------------------------------------
-------
State not to give tax sops to DPC for buying naphtha from IOC, (Sanjay Jog)
Thursday Jan 18 2001
The Maharshtra government's finance department, which is striving to reduce
fiscal deficit from Rs 9,484 crore to Rs 3,484 crore by the beginning of
April this year, has expressed its inability to provide a sales tax waiver to
the Dabhol Power Company (DPC) on the procurement of 1.2 million tonne of
naphtha from the state-run Indian Oil Corporation (IOC).
Mantralaya sources told The Financial Express on Wednesday that DPC would
have to pay 4 per cent sales tax. "The government, way back in 1995, has
modified the sales tax rate to 4 per cent to discourage the import of naphtha
from Gujarat by electrical companies operating in Maharashtra. The decision
was taken with a view to encouraging electrical companies to procure naphtha
at reduced rates within the state," government sources added. Sources said
that these companies had to pay nearly 15.3 per cent sales tax on naphtha
that was procured from Gujarat. However, following their representation, the
government slashed the sales tax rate to 4 per cent.
The state finance department's opinion, which would be presented before the
state cabinet shortly in order to take a final decision, deserves special
significance especially when the state energy department and the loss-making
Maharashtra State Electricity Board (MSEB) have wholeheartedly supported the
DPC's cause and recommended the sales tax waiver. DPC, which was asked by the
Union ministry of oil and petroleum to procure naphtha within the country in
view of excess availability, in its presentation to the state government and
to MSEB, had made it clear that it would be left with no alternative but to
pass on the additional burden on the MSEB which would be ultimately passed on
to its consumers. DPC had also told the state government that it had not paid
sales tax on the procurement of naphtha from Glencore in the calender year
2000.
Sources from the state energy department and MSEB have stressed on the need
for such a waiver while expressing their inability to bear additional burden.
They have suggested that the state should reciprocate by offering a sales tax
exemption to DPC because the IOC, at the behest of the Centre, has tried to
match the international landing price of naphtha during the recently signed
memorandum of agreement with DPC. "If the state finance department sticks to
its views, it may hurt the state as a whole," sources from the state energy
department and MSEB said.DPC will procure naphtha at Rs 11,050 per ton from
IOC during the calender year 2001 as compared to the Rs 10,050 per tonne
price quoted by Glencore. The naphtha price comprises $175 per tonne free on
board (FOB), 21.8 per cent of customs duty, 5.4 per cent of sales tax and
$18.87 of premium.
DPC senior vice president Mukesh Tyagi reiterated that the company has
already made an appeal to the state government for the sales tax waiver on
naphtha in the larger interest of the consumers. "Sales tax is a pass through
and MSEB, which will have to bear the additional burden, will pass it on the
consumers," he added.
------------------------------------------------------------------------------
-------
Centre yet to receive proposal on Enron
Thursday Jan 18 2001
CENTRE on Wednesday said that it had not recevied any proposal from
Maharashtra government seeking help to solve the tangle with the Enron
promoted Dhabol Power Project relating to cost and surplus power. Asked about
the reports that Maharashtra government was sending a proposal that centre
buy surplus power from Dhabol Power Company through power trading
corporation, power minister Suresh Prabhu said "we have not received any
proposal." "We are carefully watching the situation and will await a concrete
proposal before intervening in this matter," Parbhu said on the sidelines of
greentech environment excellence awards ceremony, here. Asked whether there
was any possibility of the government asking the Power Trading Corporation to
buy power from the Dhabol Power Corporation, Prabhu replied "what will the
PTC do with the power?"
Prabhu had earlier asked the state government to study the matter before
approaching the centre for payment of dues. MSEB had earlier declined to pick
up its 15 per cent stake in phase II of the 1444 mw project. The Enron issue
has been hanging fire with the Maharashtra State Electricity Board unable to
clear the dues of DPC as a result of the skyrocketing prices of Naphtha
infact MSEB has asked DPC to backdown completely leading to a situation where
DPC has stopped production at the facility from the begining of the
month.State government has stepped in with support to the tune of Rs 114
crore to enable MSEB to clear the dues for October. MSEB dues to DPC for
November and December amount to over Rs 300 crores.
|
Gwyn,
No problem. Please, continue with your current tutor.
Vince
Gwyn Koepke@ENRON
10/23/2000 04:22 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Shirley Crenshaw/HOU/ECT@ECT
Subject: Re: A/A program question
Vince,
The A/A program does not have a contract in place with Melly Language
Services. It appears that by the note below from my contact in the A/A-HR
department, the reimbursement policy appears to be driven by department, not
Enron at large.
As I mentioned earlier, if I continue with my current tutor, but outside of
the Melly Language Services, the cost to the department will decrease for me
to take French classes.
Pls advise if Research will be able to continue to fund my lessons.
Many thanks,
Gwyn Koepke
---------------------- Forwarded by Gwyn Koepke/NA/Enron on 10/23/2000 04:19
PM ---------------------------
From: Ivonne Brown 10/23/2000 04:17 PM
To: Gwyn Koepke/NA/Enron@Enron
cc:
Subject: Re: A/A program question
Gwyn,
In the past the Associate & Analyst program use to pick-up the cost for the
classes, but they stopped doing so effective 1/99. (Although, some business
units decided to continue paying for it - you may want to double check with
your business unit to whether or not they have a contract. The A/A dept does
not.) Please let me know if you have additional questions.
Thank you for your patience.
Sincerely,
Ivonne Brown
Gwyn Koepke
10/23/2000 01:15 PM
To: Ivonne Brown/NA/Enron@Enron
cc:
Subject: A/A program question
Ivonne, have you been able to find an answer to the attached? Thanks!
Gwyn
---------------------- Forwarded by Gwyn Koepke/NA/Enron on 10/23/2000 01:14
PM ---------------------------
Gwyn Koepke
10/19/2000 08:25 PM
To: Ivonne Brown/NA/Enron@Enron
cc:
Subject: A/A program question
Ivonne,
I am currently enrolled in a french language class thru Enron and Melly's
Language Services, and my group is paying the cost directly.
I am considering quitting the Melly's Language Program in favor of an outside
private tutor, for a number of reasons. It will be cheaper too.
I would like to know:
1. Does Enron have a contract in place with Melly's Language Service, to be
the exclusive provider of language services to Enron?
2. Will Enron pay the costs of my language classes if they are held outside
of the Melly contract (if any)?
I just want to make sure that if I decide to "drop out" of the Melly classes
and sign up for other private tutoring courses, which will be less expensive
than the Melly Svc, that Enron will not have a problem picking up the tab.
Vince Kaminski, the MD, wants to know this, to ensure there is no legal
restriction on who must provide these language services in order to secure
Enron reimbursement.
Thanks for your help.
Gwyn Koepke
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/28/2000
04:32 PM ---------------------------
Peter Augustini <[email protected]> on 01/28/2000 02:51:24 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Special Offer - Power Transmission Workshop
Mr. Vincent J. Kaminski
Vice President, Research
Enron Capital & Trade Resources Corp.
Dear Mr. Kaminski:
We want to make a special offer to you regarding the mid-project workshop
for CERA's new study "High Tension: The Future of Power Transmission in
North America". This session will be held on Friday, February 11, 2000 from
8:30AM - 1:30PM in the Monarch Room at the Westin Galleria Hotel, in
Houston, Texas.
In consideration of your participation in CERAWEEK 2000, we invite you to
enroll in the workshop for a special, stand-alone fee of $5,000.
Participation in the workshop (normally available only to those enrolled in
the study) will provide you with the workshop briefing book, a recap of work
to date, a review of the initial scenarios and an interactive discussion on
sign posts, strategic implications and business segment analysis.
To view the online prospectus for the study, and to get the workshop
enrollment form, please go to:
http://eprofile.cera.com/cfm/track/mc.cfm?p=522&c=2804
This timely and important study analyzes the key issues and uncertainties
facing the electric transmission business, including industry structure,
strategy, policy and regulation, technology, market structure, reliability,
and operations. The main project objective is to develop a scenario-based
framework for understanding the risks and business opportunities.
We hope you can join us for this timely event, and to take advantage of this
special offer. To enroll in the workshop, please complete and return the
form found on the web page above. For more information, please contact me
by phone at (617) 441-2610, or by email to [email protected] .
Sincerely,
Peter Augustini
Director, North American Energy
*****************************************************************
Our relationship with you is very important to us. If you wish not to
receive e-mail notifications from CERA, please send a reply to this message
with "DoNotEmail" as the subject of your message. (
mailto:[email protected]?subject=DoNotEmail )
*****************************************************************
- att1.htm
|
I haven't received yet the final Performance Evaluation Results.
The usual practice is to defer the reviews till the final summary rankings
are available.
Please, let me know when I can expect it form the HR.
Thanks.
Vince Kaminski
"[email protected]"<perfmgmt on 08/10/2000 05:16:14 PM
To: [email protected]
cc:
Subject: Mid-Year 2000 Performance Evaluation Due
Sep 01, 2000
THE ABOVE DATE IS WHEN THE MID-YEAR 2000 PERFORMANCE EVALUATION FORMS FOR
DIRECTORS AND BELOW ARE DUE IN HUMAN RESOURCES.
If you have not already done so, supervisors should begin the process of
giving feedback to their employees. The evaluation forms used to provide
feedback to the employee can be obtained via the Performance Management
System (PEP).
To download the evaluation forms from PEP, please follow the steps below:
1. Log into PEP at http://pep.enron.com .
2. Under Supervisor Services, click Supervisor Evaluation Forms.
3. Right-click on each employee and choose 'Save Target As...' or 'Save Link
As...'
4. Select your own personal directory, choose a file name to save to and
click 'Save'.
5. Repeat for each employee.
6. Now you can complete your evaluation forms from your personal directory
and will not have to access PEP to finalize the form.
Upon completion, please forward the signed evaluation forms to your HR
Representative NO LATER THAN Friday, September 1st 2000.
If you have any questions, please contact the PEP Help Desk at the following
numbers:
In the U.S.: 1-713-853-4777, Option 4
In Europe: 44-207-783-4040, Option 4
In Canada: 1-403-974-6724 (Canada employees only)
Or e-mail your questions to: [email protected]
Your employees that should receive mid-year evaluations are listed below:
CRENSHAW, SHIRLEY J
GANJOO, SHALESH
GIBNER, PEYTON S
KOLLAROS, ALEXIOS
KRISHNARAO, PINNAMANENI V
MASSON, GRANT S
RAYMOND, MAUREEN J
ROBERTS, MICHAEL A
SERGEEV, MIKHAIL
SHANBHOGUE, VASANT
VERNON, CLAYTON J
|
George, John,
We shall notify you about the location.
Vince
P.S. Shirley, please add George and John to the list (Grant, Alex, Sevil as
well).
George Hopley
06/29/2000 06:47 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: John D Suarez/HOU/ECT@ECT
Subject: RE: Next visit to Houston
Yes and so would the Northeast trader John Suarez
Vince J Kaminski
06/29/2000 04:07 PM
To: George Hopley/HOU/ECT@ect
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: RE: Next visit to Houston
George,
Would you like to take a like at the service (see below).
The meeting is on July 12 at 2:30 (19th floor).
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/29/2000
04:08 PM ---------------------------
"Edward Krapels" <[email protected]> on 06/29/2000 03:53:40 PM
Please respond to <[email protected]>
To: "'Vince J Kaminski'" <[email protected]>
cc: "Jeffrey Shorter \(E-mail\)" <[email protected]>
Subject: RE: Next visit to Houston
Vince,
Good to hear from you and I'm glad you're available. How is Wednesday at
2:30?
I did look at EOL and am not surprised to see its quality. I was unable to
say much about it in my Risk Electricity Hedging and Trading report because
of deadline pressures. How is the site doing? I am intrigued by the
competition for trading platforms and was astonished to hear that Goldman,
Morgan, BP and Shell were going to launch a site to compete with yours. Talk
about a shotgun marriage!
If we have time next week, I could step you through our website --
www.weathereffects.com. I'm very proud of what we've done. I can't give out
a password yet but would be happy to walk through the site with you over the
phone using my password. It's a very ambitious site -- with state-of-the-art
WSI weather (seasonal, 6-10, and day to day) driving a good load model for
PJM and NEPOOL. ESAI contributes oil and gas input price forecasts, capacity
judgments, and "herding" ideas to develop power price forecasts for same
time periods. After one month's full-bore effort, I'm pleased with the
results (e.g., we forecast Nepool onpeak to be $43 and it turned out $46).
Have a great weekend.
Ed
-----Original Message-----
From: Vince J Kaminski [mailto:[email protected]]
Sent: Wednesday, June 28, 2000 5:29 PM
To: [email protected]
Cc: Vince J Kaminski; Shirley Crenshaw
Subject: Re: Next visit to Houston
Ed,
I shall be available on both days. What about Wednesday,
July 12, between 1:30 and 4:00. Please, let me know
what time would work for you.
It will be nice to see you again.
Vince
P.S. By the way, did you have a chance to take a look at the EOL?
"Edward Krapels" <[email protected]> on 06/28/2000 02:49:41 PM
Please respond to [email protected]
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Next visit to Houston
Dear Vince,
I will be returning to Houston during the week of July 10.
ESAI and Weather Services International have launched -- after more than 18
months of R&D -- our service, called Energycast Power Trader and Energycast
Gas Trader, for power traders in Nepool and PJM. I would be happy to review
the service with you as well as take you on a tour of our web site. Are you
available on July 12 - 13?
Sincerely,
Ed Krapels
|
Biliana,
I have prior commitments on Saturday, February the 5th. Please, send me more
information about the following Saturday. There is a remote possibility I
shall have
to go to London that weekend. Otherwise, I shall be glad to join you.
Vince
Biliana Pehlivanova <[email protected]> on 01/28/2000
11:54:58 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: AIESEC
Dear Mr. Kaminski,
The following are the personal and work e-mail addresses of the Polish
trainees in College Station.
Sylwester Rutkowski [email protected], [email protected]
Patricia Dalecka [email protected], [email protected]
Danusia Mas [email protected]
Lidia Olczyk [email protected], [email protected]
Robert Lyczak [email protected], [email protected]
I would like to invite you to join us for a paintball game next Saturday,
Feb 5th. The purpose of this event is to develop team building among our
student members, Board of Advisors, and corporate clients.
In addition, I would like to invite you to participate in our Mock
Sales day on Saturday, Feb. 12th. During this day, the new members will
first receive training on AIESEC sales/knowledge and then role play with our
Board of Advisors and alumni acting as company
representatives. Sharing your AIESEC and work experience would be a
valuable contribution to our training program.
I will get in touch with you regarding these events in the beginning of
next week, as soon as I have the time and place finalized.
I appreciate your interest in working with us.
Best regards,
Biliana Pehlivanova
Vice President of Incoming Exchange
AIESEC Houston
|
Dave,
No problem. I shall do it this weekend.
Also, I left you a message regarding Grant Masson (a VP in my group
who left and went to work for El Paso 2 months ago).
I made a bet that he would be knocking on our door in a year. I lost. He
wants to come back
after 2 months.
My recommendation is to take him back. He left on good terms and is quite
competent.
I would also like to send a message to the group that the grass on the other
side
of the fence may look greener, but in reality it may be painted hay. "The
Return of Grant
Masson" would demonstrate that Enron offers best long-term growth
opportunities (and that
I am good manager).
Grant would come back to his original VP position. Can we short-circuit the
hiring procedures for a VP. Grant's body is still warm and we can just
re-instate
him in the original position instead of going through all the loops required
to hire a VP.
Vince
David W Delainey
12/14/2000 10:29 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: PRC
Vince, can you provide for me a detailed list of 2000 accomplishments,
strengths/weaknesses and feedback against the criteria for the 2000 PRC.
I need that in the next week or so.
Thanks
Delainey
|
No, no updates.
Vince
From: Paula Corey@ENRON COMMUNICATIONS on 01/30/2001 10:04 AM
To: Vince J Kaminski/HOU/ECT@ECT@ENRON
cc:
Subject: Re: Resume Forwarded at Request of Brian Mihura
I will ask Brian to resend - any word on Steven?
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/06/2000
05:23 PM ---------------------------
Ravi Thuraisingham@ENRON COMMUNICATIONS on 03/06/2000 04:29:34 PM
To: [email protected], [email protected], Vince Kaminski
cc: Stinson Gibner/HOU/ECT@ECT, Kenny Burroughs/Enron Communications@Enron
Communications, Jim Irvine/Enron Communications@Enron Communications
Subject: Optical Network Engineering & Enron Research Offsite Meeting
Hi John, as per our discussion and e-mails, I am suggesting the following
dates for the subject offsite: April 14 & 15 th (Friday & Sat). Place and
agenda to follow once this date is nailed up. The heads of each group will
decide who will attend. We would also invite Kevin Hannon, Scott Yeager, Tom
Gros, Ted Seitz and Jean Mrha once the dates and agenda are agreed upon by
the Technical folks.
As before, the idea is to introduce the two of the most technical groups
within Enron and to exchange ideas and issues. The Enron research team will
provide trading and modeling presentations and the Optical Network
Engineering team will present networking and components related topics.
Take away from the two days will be to provide John Griebling's group with
better understanding about how the trading markets have developed in general
and energy markets in particular via Enron (i.e., how the sausage was
made!). Likewise, John's group will provide us with better understanding of
optical networking from a technical perspective. Particularily, how EBS is
planning to develop the Puplic Switched Optical Network (PSON) that John has
'branded' our pooling point based network!
Please reply ASAP if these two days (April 14 & 15) will work. Additionally,
John, is the original suggestion to hold it in Scott Yeager's cabin somewhere
up in Colorado mts. still holds? If yes, I should probably let Scott know!
If not, I'll try to find other places--any suggestions, anyone?
Regards,
Ravi.
|
FYI
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/04/2001
02:58 PM ---------------------------
From: Cathy Phillips 01/04/2001 09:23 AM
To: Mark Frevert/NA/Enron@Enron, Mike McConnell/HOU/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, Doug Arnell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Alan
Aronowitz/HOU/ECT@ECT, Pierre Aury/LON/ECT@ECT, Sally Beck/HOU/ECT@ECT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kathryn
Corbally/Corp/Enron@ENRON, Jeff Donahue/HOU/ECT@ECT, Stephen H
Douglas/HOU/ECT@ECT, Jennifer Fraser/HOU/ECT@ECT, Shanna
Funkhouser/Corp/Enron@ENRON, Eric Gonzales/LON/ECT@ECT, Gary
Hickerson/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Larry
Lawyer/NA/Enron@Enron, Chris Mahoney/LON/ECT@ECT, George
McClellan/HOU/ECT@ECT, Thomas Myers/HOU/ECT@ECT, John L Nowlan/HOU/ECT@ECT,
Jere C Overdyke/HOU/ECT@ECT, Beth Perlman/HOU/ECT@ECT, Brent A
Price/HOU/ECT@ECT, Daniel Reck/HOU/ECT@ECT, Cindy Skinner/HOU/ECT@ECT, Stuart
Staley/LON/ECT@ECT, Mark Tawney/HOU/ECT@ECT, Scott Tholan/Corp/Enron@Enron,
Lisa Yoho/NA/Enron@Enron
cc: Nicki Daw/NA/Enron@Enron, Cathy Phillips/HOU/ECT@ECT, Jennifer
Burns/HOU/ECT@ECT, DeMonica Lipscomb/Corp/Enron@ENRON, Yvonne
Francois/Corp/Enron@Enron, Angie Collins/HOU/ECT@ECT, Donna
Baker/HOU/ECT@ECT, Helen Marie Taylor/HOU/ECT@ECT, Chantelle
Villanueva/HOU/ECT@ECT, Betty J Coneway/HOU/ECT@ECT, Patti
Thompson/HOU/ECT@ECT, Cherylene R Westbrook/HOU/ECT@ECT, Candace
Parker/LON/ECT@ECT, Joya Davis/HOU/ECT@ECT, Sharon Purswell/HOU/ECT@ECT,
Gloria Solis/HOU/ECT@ECT, Brenda J
Johnston/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kim
Hickok/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Susan McCarthy/LON/ECT@ECT, Paula
Forsyth/Corp/Enron@ENRON, Kristy Carnes/NA/Enron@ENRON, Shirley
Crenshaw/HOU/ECT@ECT, Jody Underwood/NA/Enron@ENRON, Kathleen D
Hardeman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stuart
Cichosz/Corp/Enron@ENRON, Joyce Dorsey/HOU/ECT@ECT, Judy Zoch/NA/Enron@ENRON,
Sunita Katyal/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: EGM Staff Meeting - Reminder
Just a reminder that the next EGM weekly staff meeting will take place on
Monday, January 8th, from 8:30 - 9:30 a.m., in video conference room EB
32C2. Due to the company holiday in observance of Martin Luther King day on
Monday, January 15th, the staff meeting has changed dates and locations for
that week only. The staff meetings will resume their regular schedule on
Monday, January 22nd, in EB 32C2, and will continue on a weekly basis on
every Monday at the same time and location unless notified otherwise. The
schedule for the next three weeks is as follows:
Monday, January 8th 8:30 - 9:30 a.m. EB 32C2
Tuesday, January 16th 8:30 - 9:30 a.m. EB 30C1
Monday, January 22nd 8:30 - 9:30 a.m. EB 32C2
Please let me know if you will be unable to attend the meeting on Monday,
January 8th. Thank you.
Cathy Phillips
X-36898
|
Ross,
I shall call Risk on Thursday.
Vince
Shirley, please, remind me about it.
From: Ross Prevatt 05/23/2000 12:19 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Managing Energy Price Risk Articles
Hi Vince, I have a quick question for you. The EOL folks want to put a
couple of articles from the Risk book (Managing Energy Price Risk) on the
internet. I told them that would be a copywrite violation. Is there
someone at Risk they could call to get permission for this, or is it even
worth calling? Thanks
Ross
|
Kevin,
No prolem.
Vince
Kevin G Moore
07/27/2000 02:12 PM
To: Shirley Crenshaw/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT
cc:
Subject: LAST DAYS
Soon we will be losing two members of the Research
group.
They are not leaving the same day however ,a same
day celebration will cut cost somewhat.
Please let me know ,
Alexios leaves on Monday - July 31
and Farouk will soon follow.
(menu)
Peach cobbler
ice cream
fruit tray
Please inform before Monday..
Thanks
Kevin
Moore
|
Marek,
Jestem w trakcie organizacji programu interview w Houston.
Musze skoordynowac plany 3 - 4 osob, ktore powinny Cie spotkac.
Wicek
Mark Kierlanczyk <[email protected]> on 02/05/2001 11:43:09 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: Witaj Wicku!
Przez tydzien musialem poddac sie medycznej dygresji zapoznania sie co to
znacza kamienie nerkowe. Teraz jest juz dobrze i znow powraca do mnie
nadzieja aby zyc wiecznie.
Czy zdarzylo sie cos nowego odnosnie mojej wizyty w Houston? Jesli nie to
umowmy sie na 13 lutego w Nowym Yorku, gdzie i kiedy, jesli nadal masz
zamiar przyjechac.
Serdeczne pozdrowienia - Marek
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/24/2000
04:04 PM ---------------------------
"Lubowski, Andrzej" <[email protected]> on 10/24/2000 03:01:09 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: FW: Citi, Wells, Enron, S1 and i2 form a B2B venture
Great. We will be around. Let's get together. Please, give me a call
(650-570-6509) or/and let me know your phone number in Palo Alto.
Andrzej
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Tuesday, October 24, 2000 12:58 PM
To: Lubowski, Andrzej
Cc: [email protected]
Subject: RE: FW: Citi, Wells, Enron, S1 and i2 form a B2B venture
Andrzej,
I shall be in the Bay area again for Thanksgiving. I came to SF for one
day to
do recruiting at Berkeley. I hope you will feel better soon.
Vince
"Lubowski, Andrzej" <[email protected]> on 10/20/2000 12:45:25 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: FW: Citi, Wells, Enron, S1 and i2 form a B2B venture
Wicku,
I hoped to hear from you. Please, let me know whether your plans have
changed, and if so, when you are coming to Palo Alto.
I spent theer weeks in Europe in September (had dinner with Leszek and
Ewa),
and went to Sydney as a guest of NBC. Upon return I caught a flu, and
travelled heavily congested to New York, which led to some ear
problems.Consequently I intend to stay put for several weeks, and will have
to reschedule my trip to Houston for Dec. or January. Hope to see you here
before then.
Best to all three of you.
Andrzej
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Friday, August 18, 2000 6:23 AM
To: Lubowski, Andrzej
Cc: [email protected]
Subject: Re: FW: Citi, Wells, Enron, S1 and i2 form a B2B venture
Andrzej,
Thanks. Please, send me the information about the dates
when you plan to visit Houston. Also, the information about
your position/title/responsibilities (as well as the info
about the other members of your team) would be useful.
I shall be in the Bay Area between the 10th and the 20th of October.
Hope to see your then.
Wicek
|
Zeigham,
We discussed two options (not necessarily mutually exclusive):
1. summer internship
2. full employment.
Are you interested exclusively in full employment?
I need the answer ASAP, as we are going to discuss the additional summer
intern positions this afternoon.
Vince
[email protected] on 04/11/2000 01:06:14 PM
To: <[email protected]>
cc:
Subject: Hi
Vince:
It was very nice talking to you at the Texas Finance Festival and I think
the telecom market that Enron is entering is very interesting and very
lucrative.? I would be very interested in working in that segment for Enron.
?
However, I talked to Sheridan about this oppurtunity and he said that it is
probably going to be another six months before I finish my dissertation.? So
while I am definitely interested, the start date will probably have to be
around that time.?
?
At any rate, it was a pleasure meeting you again and hopefully once I have
defended my dissertation? we can discuss employment oppurtunities in greater
detail.
?
?
Regards
Zeigham
[email protected]
512-471-1676
|
Grant,
Did you meet him? What about John Hopley's
group?
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/01/2000
08:38 AM ---------------------------
[email protected] on 05/31/2000 11:02:06 PM
To: [email protected]
cc:
Subject: Fwd: Followup
Return-Path: <[email protected]>
Received: from rly-yb02.mx.aol.com (rly-yb02.mail.aol.com [172.18.146.2]) by
air-yb03.mail.aol.com (v74.10) with ESMTP; Wed, 31 May 2000 23:27:27 -0400
Received: from web4704.mail.yahoo.com (web4704.mail.yahoo.com
[216.115.105.204]) by rly-yb02.mx.aol.com (v74.10) with ESMTP; Wed, 31 May
2000 23:26:03 -0400
Message-ID: <[email protected]>
Received: from [209.255.164.165] by web4704.mail.yahoo.com; Wed, 31 May 2000
20:26:03 PDT
Date: Wed, 31 May 2000 20:26:03 -0700 (PDT)
From: Saneev Khanna <[email protected]>
Subject: Followup
To: [email protected], [email protected]
MIME-Version: 1.0
Content-Type: multipart/mixed; boundary="0-1714636915-959829963=:19952"
X-Mailer: Unknown
Vince:
I wanted to touch base with you and answer any further
questions that you may have.
I have decided not to relocate to Bethesda, as a part
of the PG&E Energy Trading move. Please find enclosed
an updated copy of my resume.
Please let me know when you would like to meet. I can
be reached at h: (281) 646-1573 or o: (713) 371-6647.
=====
Sanjeev K Khanna, M.Sc., P. Eng.
Director, Quantitative Risk Management
PG&E Energy Trading
1100 Louisiana Street, Suite 1000
Houston, Texas 77002
__________________________________________________
Do You Yahoo!?
Send instant messages & get email alerts with Yahoo! Messenger.
http://im.yahoo.com/
- ResumeSanjeevKhanna.doc
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/17/2000
01:26 PM ---------------------------
Anjam Ahmad
02/17/2000 12:03 PM
To: Vince J Kaminski/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT
cc: Dale Surbey/LON/ECT@ECT
Subject: Your Trip
Hi Vince,
The following has been organised for you:
Sunday
6.45pm Dinner at Diverso restaurant 85 Piccadilly 0207 491 2222 with Ben,
Steve, Anjam
Monday
Clear until Noon
12pm Lunch with Dale Surbey at Olivetto or Olivo
2.30pm Interviews start
6.30pm
or 7pm Approximate time for end of interviews
Tuesday
Clear until 10am
10am to 12pm Energydesk.com meeting with Mikael Nordstrum
Afternoon clear
Wednesday
9am to 10.30am RiskCare meeting in NE1002 with Michael Curran, Anjam and Dale
11.30am to 12pm Meeting with John Sherriff
Regards,
Anjam
x35383
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/30/2001
05:48 PM ---------------------------
From: Jason Sokolov 01/30/2001 02:26 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: CalPX prices
---------------------- Forwarded by Jason Sokolov/HOU/ECT on 01/30/2001 02:29
PM ---------------------------
Enron North America Corp.
From: Maria Van Houten 01/30/2001 12:05 PM
To: Jason Sokolov/HOU/ECT@ECT
cc:
Subject: Attached file
Hi Jason,
Here's the file.
------------------------------------------------------------------------------
----------------------
Hi Jason,
I've attached an excel file with both sets of prices. However, the HA Zone
Price data set appears to be incomplete. I'm currently looking to complete
this set and will get back to you shortly on it's progress. If you prefer
the data in a different format please let me know.
Thanks,
Maria V.H.
To: Maria Van Houten/PDX/ECT@ECT
cc:
Subject: Re: CalPX power prices
Maria,
Is it possible to get both sets of prices?
We will need to go back as far as we can.
Thanks.
Jason Sokolov
Enron North America Corp.
From: Maria Van Houten 01/29/2001 11:35 AM
To: Jason Sokolov/HOU/ECT@ECT
cc:
Subject: Re: CalPX power prices
Jason,
Are you looking for CalPX hour ahead UMCP or CalPX hour ahead zone prices?
We have hour ahead zone price data from 10/1/98 - current and hour ahead UMCP
from 11/6/2000 onward.
Maria V.H.
From: Jason Sokolov 01/26/2001 09:17 AM
To: Maria Van Houten/PDX/ECT@ECT
cc:
Subject: CalPX power prices
Maria,
I am looking for historical hourly real-time (spot) power prices for CalPX.
Can you help me to locate them?
Jason Sokolov
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 07/11/2000
08:56 AM ---------------------------
Steven Leppard
06/21/2000 04:13 AM
To: Vince J Kaminski/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Stinson
Gibner/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT, Olivier Herbelot/LON/ECT@ECT, Soma
Ghosh/LON/ECT@ECT
cc:
Subject: New real options presentation
All
Attached in the latest version of my real options presentation, which I'll be
presenting at a Real Options Group conference in Cambridge next month.
I've removed the gas storage pricing example, and instead put in a simple
example to show that my method can reproduce decision tree approaches (should
one wish to do so). This is a response to the heavily decision-tree
dominated approach taken by most people at the last conference I spoke at. I
want to demonstrate explicitly that my approach covers both decision tree and
option pricing as special cases, the synthesis needed for correct real option
valuation.
My presentation now covers:
1. Decision trees.
2. Binomial option pricing trees.
3. Power station valuation.
4. Power asset development.
The option pricing and power examples are based on the (too simplistic)
binomial tree method. I obviously won't indicate my thoughts on the most
correct way to do this.
Steve
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/25/2000
10:50 AM ---------------------------
Shirley Crenshaw
05/25/2000 08:39 AM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Pinnamaneni
Krishnarao/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT, Joseph Hrgovcic/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT,
Tanya Tamarchenko/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT, Vincent
Tang/HOU/ECT@ECT, Alexios Kollaros/HOU/EES@EES, Martin Lin/HOU/ECT@ECT,
Maureen Raymond/HOU/ECT@ECT, Osman Sezgen/HOU/EES@EES, Paulo
Issler/HOU/ECT@ECT, Patricia Tlapek/HOU/ECT@ECT, Farouk Lalji/HOU/ECT@ECT,
Amitava Dhar/Corp/Enron@ENRON, Alex Huang/Corp/Enron@ENRON, Ronnie
Chahal/HOU/EES@EES, Kevin Kindall/Corp/Enron@ENRON, Kevin G
Moore/HOU/ECT@ECT, Clayton Vernon/Corp/Enron@ENRON, William
Smith/Corp/Enron@ENRON, Leandro Ibasco/Corp/Enron@Enron, Yanna
Crystal/Corp/Enron@ENRON, Jose Marquez/Corp/Enron@ENRON, Samer
Takriti/Corp/Enron@Enron, Chonawee Supatgiat/Corp/Enron@Enron, Shalesh
Ganjoo/HOU/ECT@ECT, Tom Halliburton/Corp/Enron@Enron, Elena
Chilkina/Corp/Enron@Enron, Cantekin Dincerler/HOU/ECT@ECT, Brad
Aimone/NA/Enron@Enron, Datren Williams/NA/Enron@Enron
cc:
Subject:
.Hey all you math geniuses. Can you solve these problems? They are
offering a million dollars for the solution of each problem. Go to the
website www.claymath.org.
(I get a 5% finders fee!)
MILLENNIUM PRIZE PROBLEMS
home / millennium prize problems
P versus NP
The Hodge Conjecture
The Poincar, Conjecture
The Riemann Hypothesis
Yang-Mills Existence and Mass
Gap
Navier-Stokes Existence and
Smoothness
The Birch and Swinnerton-Dyer
Conjecture
Announced 16:00, on Wednesday, May
24, 2000
CollSge de France
Statement from the Directors and
Scientific Advisory Board
Rules for the CMI Millennium
Prize Problems
Historical Context
Press Contact: +33 (0)1 44 27 12 72
(Veronique LeMaitre)
| [home] | [index] |
[email protected]
|
FYI
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/31/2000
08:55 AM ---------------------------
Rene Van Hoorde@ENRON_DEVELOPMENT
01/26/2000 08:08 PM
To: ernie@ENRON, Mariella Mahan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: All Enron Employees North America@ENRON
Subject: Re: Development Center Course Offering
Ernie;
Pls provide a short description of Derivative I,II, III courses.
Rene
Sent by: Enron Announcements@ENRON
To: All Enron Employees North America
cc:
Subject: Development Center Course Offering
March-April Schedule
Course Dates
Applied Finance March 2-3 April 27 & 28
Derivatives I April 4 & 5
Derivatives II March 16 & 17 April 6 & 7
Derivatives III March 7 & 8
Electric Business Understanding April 4
Fundamentals of Corp. Finance April 20-21
Power Marketing April 13-14
Value at Risk March 9 & 10
Wellhead to BurnerTip March 21 & 22 April 11 & 12
If interested in attending any of these classes, please enroll through The
Development Center or call the helpdesk at (713) 853-0357.
|
Frank,
No problem.
I hope everything will go OK at the interview.
Vince
Frank Qian <[email protected]> on 11/29/2000 11:38:55 AM
To: [email protected]
cc:
Subject: Re: Resume
Hi, Mr. Kaminski:
I got in touch with Kevin and he is coming on 12/12 to interview everybody
in the class. That solves my concern. I am sorry that I sent you a false
alarm.
Regards,
Frank
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/22/2000
04:59 PM ---------------------------
Hector Campos 12/21/2000 10:30 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: [email protected]
Subject: Address for Recommendations
Vince,
Please forward the recommendations to the following address:
2569 Windbreak Dr.
Alexandria, VA 22306
Don't forget to label each envelope, e.g. "Columbia", etc., and to sign
each envelope over the adhesive seal. I must receive the package
before the new year in order to meet the submission deadline.
Thank you for your time, and happy holidays.
-Hector
|
Mark,
It was done in collaboration with John Sherriff.
Vince
From: Mark Palmer@ENRON on 11/10/2000 11:17 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Eric Gadd/LON/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Enron Case Studies
I'm not aware of a Sutton Bridge case study. I'm checking with some other
folks and I'll let you all know what I find.
Mark
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/02/2001
06:01 PM ---------------------------
"Btu" <[email protected]> on 03/02/2001 05:49:35 PM
To: "Btu Weekly" <>
cc:
Subject: Btu Weekly
Attached is the latest issue of Btu Weekly.
e-mail: [email protected]
phone: 732-758-8222
fax: 732-758-8286
- wg030501.pdf
|
Shirley,
Please, put it on my schedule.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/10/2000
02:34 PM ---------------------------
Enron North America Corp.
From: Airam Arteaga 08/08/2000 02:21 PM
To: Sally Beck/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT, Grant
Masson/HOU/ECT@ECT, Michael E Moscoso/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT,
Beth Perlman/HOU/ECT@ECT, Stephen Stock/HOU/ECT@ECT, Vince J
Kaminski/HOU/ECT@ECT
cc: Patti Thompson/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT, Maria
Sandoval/HOU/ECT@ECT, Rita Hennessy/NA/Enron@Enron, Cherylene R
Westbrook/HOU/ECT@ECT
Subject: Var, Reporting and Resources Meeting
The below meeting is going to take place today in EB32C2.
Thanks,
Rain
---------------------- Forwarded by Rita Hennessy/NA/Enron on 08/08/2000
09:15 AM ---------------------------
Barbara Lewis@ECT
06/19/2000 10:25 AM
To: Sally Beck/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT, Grant
Masson/HOU/ECT@ECT, Michael E Moscoso/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT,
Beth Perlman/HOU/ECT@ECT, Stephen Stock/HOU/ECT@ECT
cc: Patti Thompson/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT, Maria
Sandoval/HOU/ECT@ECT, Rita Hennessy/NA/Enron@Enron, Cherylene R
Westbrook/HOU/ECT@ECT, Giselle James/Corp/Enron@ENRON
Subject: Reoccurring Meeting
The meeting to discuss "Var, Reporting and Resources II" will take place
every Tuesday at 3:00p.m. beginning June 27, 2000.
Please adjust your schedule to reflect this weekly reoccurring meeting.
Many thanks,
Barbara Lewis
|
David,
FYI
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/19/2001
11:31 AM ---------------------------
[email protected]@ms1.lga2.nytimes.com on 03/19/2001 09:35:38 AM
Please respond to [email protected]
Sent by: [email protected]
To: [email protected]
cc:
Subject: NYTimes.com Article: Companies Turn to Grades, and Employees Go to
Court
This article from NYTimes.com
has been sent to you by [email protected].
Jeff,
FYI,
Vince
/-------------------- advertisement -----------------------\
Let NYTimes.com Come to You
Sign up for one of our weekly e-mails
and the news will come directly to you.
YOUR MONEY brings you a wealth of analysis
and information about personal investing.
CIRCUITS plugs you into the latest on
personal technology. TRAVEL DISPATCH offers
you a jump on special travel deals and news.
http://email.nytimes.com/email/email.jsp?eta5
\----------------------------------------------------------/
Companies Turn to Grades, and Employees Go to Court
By REED ABELSON
An increasingly popular technique for evaluating employees is
prompting lawsuits charging discrimination at three big companies.
At issue is the ranking of managers, professionals and sometimes
lower-level employees from best to worst, or grading them on a bell
curve, and then using that ranking to help determine pay and
sometimes whether to fire someone.
In their suits, all filed over the last year or so, employees at
Microsoft, Ford Motor and Conoco say the rating systems are unfair
because they favor some groups of employees over others: white
males over blacks and women, younger managers over older ones and
foreign citizens over Americans.
A growing number of companies are turning to grading systems, also
known as forced rankings or distributions, as a way of making sure
managers evaluate employees honestly and make clearer distinctions
among them. At companies that do not compare employees with one
another this way, nearly every employee can come away feeling above
average, like the children of Lake Wobegon. But under the grading
system, managers are forced to identify some people as low
performers.
At General Electric, for example, supervisors identify the top 20
percent and bottom 10 percent of their managerial and professional
employees every year. The bottom 10 percent are not likely to stay.
As John F. Welch Jr., General Electric's chief executive, wrote
last month to shareholders, "A company that bets its future on its
people must remove that lower 10 percent, and keep removing it
every year * always raising the bar of performance and increasing
the quality of its leadership."
Ranking or grading employees is also common at technology
companies like Cisco Systems and Hewlett- Packard. But recently the
concept has been catching on more broadly, according to management
consultants. One reason is that as the economy slows, companies
often lay off employees. Cisco, for example, announced earlier this
month that it would let go as many as 5,000 workers * and would use
grading as one way to identify people to lay off.
"Companies are playing their version of `Survivor,' " said David
Thomas, a professor at the Harvard Business School.
Another reason is that some companies are eager to copy Mr. Welch,
long viewed as one of the most successful managers in America.
Defenders of these systems say anyone who gets a low grade is
likely to view the process as unfair. " `A' students love grades;
`F' students hate grades," said John Sullivan, a human resources
professor at San Francisco State University.
But the techniques, which some employees label with terms like
"rank and yank," have come under sharp criticism. While they appear
to offer an objective way to judge employees, they can be
vulnerable to bias, Mr. Thomas said. Managers may stereotype
employees when evaluating them on vague criteria like career
potential * deciding that older workers, for example, may have a
harder time keeping up with new technology.
In some cases managers can view these systems "as a tool to be
used to weed out the ones you don't want," said Thomas S. McLeod, a
lawyer in Canton, Mich., who represents employees suing Ford in
another case.
Critics of the system also argue that companies should not apply a
bell curve, in which a small number of employees get the highest
and lowest rankings and a much larger number are grouped in the
middle. The bell curve model assumes a normal distribution among a
very large group of random individuals, not small groups.
What is more, across a company, people who belong to a
particularly talented unit will suffer if a certain number of them
must be given poorer grades than they would get in another unit.
"You end up with dysfunctional results," said Edward E. Lawler
III, a business professor at the University of Southern California.
Some lawsuits contend that Microsoft's grading systems are
discriminatory. One, filed last October, seeks class-action status
on behalf of blacks and women. The suit states that the rating
system "permits managers, who are predominantly white males, to
rate employees based upon their own biases rather than based upon
merit."
According to the lawsuit, employees are rated on a five-point
scale, with only a certain percentage permitted to receive each
score. Employees doing the same job in the same unit are also given
a "stack ranking," from most to least valuable. Managers decide
those rankings largely using what are called "lifeboat
discussions," where they choose which employees they would want
with them if stuck in a lifeboat. Managers had no other clear
criteria, according to Christine Webber, a lawyer at Cohen,
Milstein, Hausfeld & Toll who is representing the employees.
Grading is highly subjective at Microsoft, according to Peter M.
Browne, a former executive who is also suing the company, charging
discrimination. Mr. Browne, who is black, said managers were forced
to use a curve in evaluating even small groups. He said he had to
rate a group of five on a curve, for example, in deciding which
ones would not receive stock options.
"You weren't told anything * just meet the curve," Mr. Browne
said.
He says managers ended up favoring people with whom they
socialized. "People gravitate to people who are like them, and the
system just forces that," he said.
Microsoft defends its system as fair and helpful. "We want to give
the highest compensation to the very top performers," said Deborah
Willingham, senior vice president for human resources, adding that
the system included checks and balances to ensure fair treatment.
Employees can appeal their ratings, for example, and are largely
responsible for developing the criteria by which they are
evaluated.
Ms. Willingham also said the company did not ask its managers to
give a fixed percentage of their employees any given score. "We
don't force that curve to look any certain way," she said.
Microsoft has no formal "stack rank" policy, she said. And when
managers do have lifeboat discussions, they are a tool to consider
which employees they would want to keep if they were starting
again.
While the company would not comment on the lawsuits, Microsoft
"expressly prohibits discrimination," Ms. Willingham said.
Similar criticisms emerged in a lawsuit brought last month against
Ford. It argues that the company's new grading system discriminates
against older workers. The company, which adopted what it calls its
performance management process a year ago, gives its 18,000
managers A, B or C grades. Last year, the company awarded 10
percent an A, 80 percent a B and 10 percent a C.
Ford also faces a second lawsuit asserting that it unfairly
discriminated against older white males in its grading.It would not
comment on the litigation but defended its use of grades. "We
believe the system is fair and nondiscriminatory," a company
spokeswoman said. "We are in a very competitive industry, and we
need all of our employees to be the best they can be."
At Conoco, employees contend that the company discriminated
against United States citizens and older workers when it laid off a
dozen geophysicists and other scientists in 1999 based on a ranking
from one to four, according to a lawsuit filed last year. The
majority of those let go were Americans, according to the suit, as
opposed to British, Norwegian and Canadian professionals.
"The rating system was selectively enforced, and there were
instances of manipulation," said John Zavitsanos, the lawyer
representing the workers. Even though some were given higher
ratings on earlier rankings, they were eventually given the lowest
possible rating of four.
Conoco, based in Houston, has extensive operations in the North
Sea, and many of the senior managers at the division in question
are British, according to Mr. Zavitsanos.
While Conoco said it could not comment on the litigation, it said
its evaluations were based on several factors, including
performance, skills and expertise. The company said ratings often
changed as more information was collected and people were evaluated
in larger groups. Conoco company also denied that decisions were
based on anything other than individual capabilities.
Companies "do need something in making pay decisions, downsizing
decisions," said Jim Kochanski, a consultant with Nextera
Enterprises. The problem is that companies may not take enough care
in deciding how people should be ranked. "They can get it very
wrong," he said.
http://www.nytimes.com/2001/03/19/business/19GRAD.html?ex=986016138&ei=1&en=e2
02a0228246c717
/-----------------------------------------------------------------\
Visit NYTimes.com for complete access to the
most authoritative news coverage on the Web,
updated throughout the day.
Become a member today! It's free!
http://www.nytimes.com?eta
\-----------------------------------------------------------------/
HOW TO ADVERTISE
---------------------------------
For information on advertising in e-mail newsletters
or other creative advertising opportunities with The
New York Times on the Web, please contact Alyson
Racer at [email protected] or visit our online media
kit at http://www.nytimes.com/adinfo
For general information about NYTimes.com, write to
[email protected].
Copyright 2001 The New York Times Company
|
Shirley,
Please, register me for this conference.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/21/2000
09:10 AM ---------------------------
Daniel Yergin <[email protected]> on 11/16/2000 02:50:06 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: 20th Annual CERAWeek - "Shooting the Rapids: Strategies and Risks
for the Energy Future"
Mr. Vincent J. Kaminski
Managing Director
Enron Capital & Trade Resources Corp.
Dear Mr. Kaminski:
I am pleased to invite you to join my CERA colleagues and me at our 20th
annual Executive Conference, "Shooting the Rapids: Strategies and Risks for
the Energy Future" to be held February 12-16, 2001 in Houston, Texas.? This
is the premier international gathering offering senior executives new ideas,
insights and strategic thinking on the issues facing the global energy
industry.
I believe you will find the conference and related social events timely and
of considerable value.? Our focus will be on the critical implications of the
current market turmoil for energy strategies, investment, regulatory
backlash, competitive dynamics, and industry structure.? Presentations cover
all key regions and energy sectors -- oil, natural gas and power -- and their
interconnections.? The conference is the centerpiece of CERAWeek, a full week
of senior level meetings designed to foster exchange and learning, as well as
informal interaction and networking.? Last year's participants included some
1600 executives from over 57 countries.
Complete details on CERAWeek 2001 can be found at?
http://www.cera.com/cfm/track/mc.cfm?p=670&c=2804? . To register, please go
directly to http://www.cera.com/cfm/track/mc.cfm?p=781&c=2804? ; email
[email protected]; or call us at 1 (800) 879-2372 ext. 800 (outside the U.S.
(617) 497-6446 ext. 800).? I hope you will join us!
Sincerely,
Daniel Yergin
Chairman, Cambridge Energy Research Associates
Should you experience problems reaching the web site using the links above,
please go to http://www.cera.com/ceraweek/
*****************************************************************
Our relationship with you is very important to us.? If you wish not to
receive future e-mail notifications, please send a reply to this message with
"DoNotEmail" as the subject of your message. (
mailto:[email protected]?subject=DoNotEmail )? Please indicate whether you wish
to be removed from the conference list or alternatively from the list for any
future CERA notifications.
*****************************************************************
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/19/2001
04:15 PM ---------------------------
Shirley Crenshaw
04/19/2001 03:01 PM
To: [email protected]
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: IBUYIT form
Attached please find the completed form for Vince Kaminski, Managing
Director, Research Group.
He will be approving all purchases for cost center 107043.
---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 04/19/2001
02:58 PM ---------------------------
From: Debbie Skinner/ENRON@enronXgate on 04/19/2001 02:52 PM
To: Shirley Crenshaw/Houston/Eott@Eott, Shirley Crenshaw/HOU/ECT@ECT
cc:
Subject: IBUYIT form
HI Shirley
There were two Shirleys, so sending to both
ISC Help Desk
|
Joe,
Let's talk about it.
Vince
Joseph Hrgovcic
04/12/2000 06:05 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Stratus consulting
Vince,
According to Geoff Considine, of Stratus Consulting, Gary Dorris of Aquila
has spoken with you at some lenght regarding Stratus' egergy analytics. What
is your opinion of them. Geoff is possibly coming in this week to give the
weather derivatives group a pitch for their services.
Joe
|
Rodrigo,
I think it is Churrasco's, A South American restaurant.
I shall make reservations for the 12th. I shall also
arrange the meetings on Tuesday with different units of the Research group.
Vince
Rodrigo Lamas
08/24/2000 01:59 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Introduction meeting : RAC London Quants and Houston Research
Vince,
Thank you very much.
I would rather talk to your group on Sep the 12th (Tuesday).
I hope I will be entitled to disturb them again during the rest of the week
as well.
We can certainly go out for dinner. Steven mentioned a Brazilian restaurant he
went to and I am looking forward going there. This in case you are not
vegetarian.
Thanks again,
Rodrigo
Vince J Kaminski
24/08/2000 19:54
To: Rodrigo Lamas/LON/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Introduction meeting : RAC London Quants and Houston Research
Rodrigo,
We shall be very glad to meet you.
If you can dedicate one day to meeting the members of the Research Group I
could arrange a series of meetings with different units.
What about Sep the 11th or Sep the 12th (Monday or Tuesday)?
If you are free one evening we can have dinner together.
Vince
Rodrigo Lamas
08/24/2000 11:01 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Introduction meeting : RAC London Quants and Houston Research
Vince,
I work for the Market Risk RAC London group. I review the quantitative issues
arising from Enron Europe models.
I am in this function given my background (PhD from Imperial College-London)
and also due to my past experience
as risk manager for a brazilian investment bank and Louis Dreyfus.
My agenda includes the review of a number of deals (Wessex, TPL, Eastern,
...), as well as the
review of the construction of european gas and power price curves and their
respective volatility curves.
Currently I am devoting most of my time to the analysis of the UK gas market,
its respective
price curve and term structure of volatility.
Bjorn and David suggested it could be very productive if I had the chance to
meet you and your team
to discuss issues related to modelling prices and risk measurement tools.
I will be in Houston from the 10th to 15th September. I wonder if you could
book some time for me in
your agenda and also ask some members of your team to do the same.
Thanks,
Rodrigo
|
Soto, Milena
P.O. Box 66742
Houston, TX 77266
5100 Westheimer
Houston, TX 77056
Phone: (713) 522 0141
Fax : (713) 522 2027
|
Iris,
Yu can reach me on my cell phone during the coming holidays.
713 410 5396
Vince
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/27/2001
06:01 PM ---------------------------
"Btu" <[email protected]> on 04/27/2001 05:13:35 PM
To: "Btu Weekly" <>
cc:
Subject: Btu Weekly
Attached is the latest issue of Btu Weekly.
e-mail: [email protected]
phone: 732-758-8222
fax: 732-758-8286
- wg043001.pdf
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/31/2001
09:52 AM ---------------------------
ERisk <[email protected]> on 03/30/2001 11:24:31 AM
Please respond to <[email protected]>
To: [email protected]
cc:
Subject: ERisk Essentials
www.erisk.com
What's New at ERisk.com - 30 March 2001
This week's ERisk Essentials is supported by Enron Credit, providers of
market-driven credit information on thousands of companies worldwide. Enron
Credit recently released their new website at www.enroncredit.com. The site
now features a robust portfolio section that contains detailed company
profiles, credit cost indices, graphing capabilities and more. For more
information, visit www.enroncredit.com.
Weekly
Review This week's economic, banking and P_insurance news, from an
enterprise risk management perspective. Read it here...
Analysis
? The Basle Committee's report on hedge funds: interesting reading for
commercial bankers?
? Demand for captive insurers booms, but are owners and domiciles overlooking
their risks?
? How good banks can stand out from the bad: telling shareholders about risk
management
Viewpoint In this month's CRO Profile, Robert Nimmo, chief risk officer of
First Union, talks exclusively to ERisk's Duncan Wood about the challenges
of risk managing the bank's changing strategic direction - from managing
asset quality to controlling operational and business risks. Still
available: Ian Bremmer on why political scientists will join physicists on
Wall Street
Feature
The treatment of operational risk is one of the more controversial, and
poorly understood, elements of Basle's proposed revisions to the Capital
Accord. Penny Cagan of Zurich IC Squared explains what the Basle Accord
proposals mean for most banks, where there's room for improvement and how to
get started. Still available: How Wachovia, Swiss Re New Markets and SEB use
RAROC
iConference Do economic capital equations tie you in knots? Attend our
iConference "Practical Considerations in Measuring Economic Capital" on
April 11. Read more about it and register for the iConference.
Access the slides and a summary of last week's Credit Derivatives iConference
Thousands of risk managers read and respond to this message every week.
Interested in reaching them?
____________________________________
The ERisk Essentials is published every Friday by ERisk.com.
To subscribe to this newsletter, please register on our website.
To unsubscribe, access your account. Your username is the email address
where you received this message.
To be reminded of your password, or to reset it, follow this link.
|
Kay,
I am glad you liked it.
Merry Christmas.
Vince
From: Kay Chapman 12/19/2000 10:11 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Holiday Gift
Thank you so much for your thoughtfulness....This basket is absolutely
beautiful.....Thanks again for your thoughtfulness and for thinking of
me......
You have a wonderful Holiday......
Kay
|
Sam,
I asked Stinson to review it. U should have it in 15 minutes.
Please, shoot me the column.
Vince
Enron North America Corp.
From: William Smith @ ENRON 07/31/2000 08:44 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Technical Corner
Good Morning, Vince!
Please pardon the brief interruption, but how is the article coming?
Sam
|
Dennis,
No problem.
Vince
"Dennis W. Loughridge" <[email protected]> on 02/28/2001 04:24:35
PM
Please respond to <[email protected]>
To: <[email protected]>
cc:
Subject: Rice Course
Vince
I am an adjunct professor at Rice, working with Wil Uecker in Executive
Education. With your concurence, I would like to sit in your Energy
Derivatives course. I understand from Wil that there are 38 students
registered for the course. If you consent, would you let me know what
material I need.
Thank you,
Dennis W. Loughridge
713-348-2812
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/12/2001
02:28 PM ---------------------------
Lance Cunningham@ENRON on 02/07/2001 07:56:41 AM
To: Vasant Shanbhogue/HOU/ECT@ECT, [email protected]
cc:
Subject: Dissertation work ion progress
This is my dissertation, it is about 80% complete.
Lance
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/22/99
04:59 PM ---------------------------
"[email protected]" <webmaster on 12/20/99 11:35:46 AM
To: undisclosed-recipients:;
cc: (bcc: Vince J Kaminski/HOU/ECT)
Subject: CERA Multimedia Presentation: Monday, December 20, 1999
**********************************************************************
CERA Multimedia Presentation Replay Now Available!
Monday, December 20, 1999
**********************************************************************
Title: The Merger and Acquisition Dilemma
Author: North Natural Gas Team
E-Mail Category: Conference Call, Multimedia
Product Line: North American Natural Gas
URL: http://www.cera.com/client/nag/media.cfm
This year's delayed heating season has provided much-needed breathing room
for gas markets. With significantly warm weather in November and December,
fourth quarter demand has dropped considerably below expectations, and
storage inventories have remained higher than projected. This has
temporarily eased the upward pressure on prices, but the fundamentals remain
aligned for tighter gas markets to come. In a December 14, 1999 Conference
Call, CERA's North American Natural Gas Team discussed the status of the
current market:
? Warm weather so far this winter released pressure in the North American
gas market - this pressure has already begun to resurface.
? Winter storage and supply appear adequate, injections next summer could
still challenge supply availability.
? Northeast price volatility will continue, with or without added pipeline
capacity.
? Canadian supply - meeting demand.
To view and listen to a replay of this presentation (an example of a new
technology we are using), please click on the link above.
**end**
Follow URL for playback.
**********************************************************************
This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www.cera.com/tos.html
Questions/Comments: [email protected]
Copyright 1999. Cambridge Energy Research Associates
- att1.htm
|
Jeff,
FYI. We completed the review of the LNG model.
The copy of the review is available if you want to take a look at it.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/17/2000
04:26 PM ---------------------------
Bob Lee@ENRON
10/16/2000 01:53 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Zimin Lu/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT
Subject: Completion of LNG Model Review
The review of Eric Groves' LNG Model spreadsheet has been completed. No
independent model was available for use in the comparison; however, the model
appears complete and accurate in representating all important cost and
revenue elements.
If this financial model is coupled with a optimization model for planning
ship usage in the future, additional variables may be needed to represent the
variability of trip times, weather factors, etc. A reference describing
these possible additions was provided.
Bob Lee
|
Kim,
Yes, the offer is coming. It may take a few days to process it, but you can
count on it.
Vince
"Whitsel, Kimberly" <[email protected]> on 03/05/2001 08:36:47 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: Summer Opportunity
Vince:
I did get your phone message about the summer, but I still haven't heard from
Enron about an offer for summer employment. I do have other offers with
other energy companies that I must respond to this week. Could you let me
know as soon as possible if an offer will be made to me.
Sincerely,
Kimberly Whitsel
Wharton MBA Candidate 2002
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/18/2001
05:08 PM ---------------------------
Jarek Dybowski
01/18/2001 09:57 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Moze Cie to zainteresuje
Vince,
Dawno ze soba nie rozmawialismy. Mam nadzieje ze u Ciebie wszystko O.K.
Nie wiem czy znana jest Ci postac prof. Aleksandra Werona - zajmuje sie on
zastosowaniem metod matematycznych w inzynierii finansowej. Ostatnio
natomiast skupil sie na rynku energii. Wraz z synem Rafalem wydal ksiazke
"Gielda Energii - Strategie zarzadzania ryzykiem". Zawarte sa w niej podstawy
zarzadzania ryzykiem. Na jego stronie internetowej
http://www.im.pwr.wroc.pl/~hugo/fe.html mozesz znalezc cos wiecej na temat
tego czym sie zajmuje. To co moze Cie zainteresowac to moze byc strona
http://www.im.pwr.wroc.pl/~hugo/rockets.html. Ciekaw jestem co o tym sadzisz.
Spotkalem sie z Weronem kilkakrotnie na roznych seminariach. Zorganizowalem
mu tez zobaczenie naszego trading floor podczas jednej z jego wizyt w
Londynie.
Pozdowienia
Jarek
|
FYI
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/17/2000
07:57 AM ---------------------------
Lenos Trigeorgis <[email protected]> on 02/16/2000 06:02:15 PM
To: [email protected]
cc: [email protected], [email protected] (bcc: Vince J
Kaminski/HOU/ECT)
Subject: Hotel reservations and copies of slides for March RO
conference--URGENT
As a speaker at the March real options conference in NY, please pay
immediate attention to the following:
1. Call the Marriott East Side Hotel in NY, preferably directly at (212)
755 4000 or through Marriotts% centralized reservations (not the hotel)
1-800-228-9290 to make a reservation for your stay and guarantee it with
your credit card. Please refer to the Real Options Group preferred group
rates ($209 plus taxes). Please note that the hotel is fully booked that
period, and unless you make your reservation BEFORE FEBRUARY 21 (absolute
deadline) you will not have a reservation. Please notify us at
[email protected] and [email protected] as to whether and
for when you made your reservations. (We will try to book a one day
reservation for all the speakers
just in case, but are not sure which day you may prefer or if you prefer
tostay longer --so we ned to know your precise plans to avoid booking
confusion).
For those who are entitled to reimbursement (academics), you will need to
send us original receipts for your legitimate expenses (not to exceed a
total of $1,200) immediately after the conference.
2. Please send us via email (at [email protected] and at
[email protected]) the soonest (before Thursday February 25) the
following:
a. Copy of the transparencies/slides for your talk
b. A one paragraph (10-15 line) bio description
c. A one paragraph (10 line) abstract and 4 one-liner bullet points
The above is to be included in the conference brochure to be distributed to
conference participants
3. Please fill the on-line registration (at www.rogroup.com) by February 21;
simply write "speaker" where it says fees, unless you also want to attend
another session on a different date (each day%s session is priced separately)
We look forward to seeing you at what promises to be an exciting conference
Lenos
Lenos Trigeorgis
Professor of Finance
University of Cyprus
Dept of Business
75 Kallipoleos, PO Box 20537
CY 1678 Nicosia CYPRUS
Tel: +357 2 892261
Fax: 339063
|
Van,
It's nice to hear from you. I am sure that you can always come back
to Enron if you don't like living in New York.
I used to work for Salomon and chances are you will be working in the same
building in lower Manhattan where I spent 7 years of my life.
I hope you have a great Holiday Season.
Vicne
Van Ngo <[email protected]> on 11/29/2000 10:52:35 PM
To: [email protected]
cc:
Subject: Greetings
Dear Vince:
I just wanted to get in touch with you, as my last fall semester here
draws to a close and this is something of a transition point for me. To
update you on my job search, I have been extended an offer for a position
within Enron's Analyst Program. The offer was very attractive and I had
numerous things to consider in reaching my decision. Unfortunately, I
will be declining Enron's offer of employment to take a position in the
Investment Banking Division of Salomon Smith Barney in New York. My
preference at this point is to live outside of Houston, and although my
hope is also to return to Houston in future, New York offers some
exciting options for me now. I will be starting there in July of this
summer. I hope that I will have future opportunities to be an advocate
of Enron and look forward to keeping in touch with you and the Research
Group.
Please give my regards to everyone at the office and wishes for a very
happy holiday season! Also please feel free to contact me at any time.
I can give you my future contact information when I have it.
Thank you and I hope I'll see you again.
Sincerely,
Van
P.S. Feel free to forward my news onto Mike Roberts if that would
appropriate. I didn't have his email with me.
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/08/2000
04:58 PM ---------------------------
Becky Pham
09/05/2000 03:06 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Commercial Teams in ENA
Attached file consists of a list of Commercial teams within ENA. According
to your allocation, 39.61% goes to ENA. 12.5% of the 39.61% goes to Global
Risk Management and the rest, which is 27.11% needs to allocate to the rest
of ENA Commercial Teams. Will you look at the attached file and let me know
who I should allocate the 27.11% to? If you have any questions, call me.
Thanx.
|
Jim,
I was on vacation last week. I shall be out Tuesday and Wednesday.
What about a call next week?
Vince
James L Bouillion
02/07/2001 09:32 AM
To: Vince J Kaminski/HOU/ECT@ECT, Kevin Kindall/Corp/Enron@ENRON, Jonathan
Davis/HOU/ECT@ECT, Kate Lucas/HOU/ECT@ECT
cc:
Subject: CHARM Conference Call
Please let me know what works for you. I have a meeting Monday from 10:00
a.m. through lunch. Please advise.
---------------------- Forwarded by James L Bouillion/HOU/ECT on 02/07/2001
07:33 AM ---------------------------
"Bertil Olsson" <[email protected]> on 02/06/2001 10:37:21 AM
To: [email protected]
cc:
Subject: CHARM Conference Call
Carl and I are both available either Monday 12th or Tuesday 13th. We can do
either AM or PM but would prefer AM if possible. Please let me know your
preference and I will set it up.
Regards,
Bertil
______________________________________________________________________
The information in this email and in any attachments is confidential and
may be privileged. If you are not the intended recipient, please destroy
this message, delete any copies held on your systems and notify the sender
immediately. You should not retain, copy or use this email for any
purpose, nor disclose all or any part of its content to any other person.
|
Stinson,
Cantekin's msg.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/29/2000
12:28 PM ---------------------------
Vince J Kaminski
03/29/2000 08:33 AM
To: [email protected]
cc: Vince J Kaminski/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT
Subject: Re: summer internship
Cantekin,
The summer associate program has closed but I shall check to see
if I can get one extra place.
Vince
"Cantekin Dincerler" <[email protected]> on 03/28/2000 11:48:53 AM
Please respond to [email protected]
To: [email protected]
cc: (bcc: Vince J Kaminski/HOU/ECT)
Subject: summer internship
Hi Vince,
I am writing you at this time to inquire as to the potential of renewing my
internship at Enron for the Summer of 2000.
While the date of my request is later than I would have wished, the reason
is that I had originally planned to go back to Turkey this summer and get
my mandatory military duty done. However, I now realize I can put it off to
a further date. That left me wondering if you believe there is a project
that I can get involved in this summer and be useful. If that were the
case, I would be more than happy to postpone my military duty and spend the
summer with the research group. I discussed this with Dr. Ronn, and he is
very supportive of this idea.
I apologize again for bringing up this issue late, and look forward to
hearing from you.
Best regards,
---------oOOo-----oOOo----------
Cantekin Dincerler
Doctoral Candidate
The University of Texas at Austin
Graduate School of Business
Department of Finance
office: (512) 471-1676
fax : (512) 471-5073
home : (512) 472-5356
http://uts.cc.utexas.edu/~cantekin
-------------oooO-----Oooo----------
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/04/2000
06:12 PM ---------------------------
Enron North America Corp.
From: Press Release @ ENRON 02/02/2000 06:19 PM
To: All Enron Worldwide
cc:
Subject: ENRON AND CHASE MANHATTAN BANK SIGN LONG-TERM ENERGY MANAGEMENT
AGREEMENT
HOUSTON and NEW YORK ) Enron Energy Services, a subsidiary of Enron Corp.,
and The Chase Manhattan Corporation (NYSE:CMB) announced today a ten-year,
$750 million energy management agreement. Enron will provide energy
management services for 860 of Chase,s facilities nationwide, including
office buildings, retail branches and operations centers.
As part of this agreement, Enron will provide commodity management, including
analysis and consolidation of approximately 30,000 annual utility invoices
currently processed through multiple operating groups, as well as overall
project management for energy infrastructure upgrades, designed to make
material improvements in the energy efficiency of many Chase facilities.
"Chase has taken a leadership position among financial institutions by
recognizing the financial and administrative benefits of working with Enron
to consolidate its energy management processes,8 said Lou Pai, CEO of Enron
Energy Services. &Our agreement effectively takes Chase out of the energy
management business and enables them to focus more time and resources on
growing their successful financial services business."
&This transaction is another great example of Chase,s discipline and
initiative in creating significant value for our shareholders,8 said Liz
Flynn, head of Chase Business Services. &It again demonstrates the
effectiveness of Chase Business Services, a shared services organization
created to improve service and lower costs for all of Chase,s operating
groups.8
The Chase Manhattan Corporation, with $406 billion in assets, is one of the
world,s premier financial services institutions, with operations in 48
countries around the globe. Chase has a top-tier ranking in all areas of
investment banking, private banking, trading and global markets activities as
well as information and transaction processing. Chase is a leading provider
of financial solutions to large corporations, financial institutions,
government entities, middle market firms, small businesses and individuals,
and has relationships with more than 30 million consumers across the United
States through products and services such as credit cards, mortgages, online
banking, debit cards, deposit products and auto loans. Through its newly
formed business unit, Chase.com, Chase is successfully creating new business
models for the Internet economy. Chase can be reached on the Web at
www.chase.com.
Enron is one of the world,s leading electricity, natural gas and
communications companies. The company, which owns approximately $34 billion
in energy and communications assets, produces electricity and natural gas,
develops, constructs and operates energy facilities worldwide, delivers
physical commodities and financial and risk management services to customers
around the world, and is developing an intelligent network platform to
facilitate online business. Enron,s Internet address is www.enron.com, and
the stock is traded under the ticker symbol &ENE.8
|
Chris,
My evaluation form for Jeff.
Vince
Enron North America Corp.
From: Chris Williams 08/09/2000 09:55 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Shirley Crenshaw/HOU/ECT@ECT
Subject: Resume-Jeff Andrews
Vince,
Attached is the evaluation form and resume for your interview w/ Jeff Andrews
this afternoon at 5pm. I will bring him to your office at that time.
Jeff is interviewing for a research position within the coal group. Please
feel free to contact if there are any questions.
Thanks
Chris Williams
ENA Staffing
x39866
|
FYI
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/12/2001
11:22 AM ---------------------------
Eugenio Perez
02/08/2001 01:13 PM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Rudi
Zipter/HOU/ECT@ECT
cc:
Subject: New Merchant Asset VaR Model
I was recently informed of a risk-reducing strategy that we have on the
Merchant Asset portfolio. It seems that we have a vertical bear spread
hedging our holdings of Hanover Compression.
Since these holdings represent about 10% of the porfolio, I felt that
parametric VaR would not be accurate enough. As a result, I have changed the
model to a Monte Carlo simulation with the following details:
Following my conversation with Vince, I changed the method of parameter
estimation to RiskMetrics standard (assume a zero mean and estimate daily
volatilities and correlations using exponential weighting with a 0.94 lambda).
I use the Cholesky decomposition to produce correlated random normals, which
I then use to simulate Geometric Brownian Motion prices.
I treat the Hanover Compression stock holding and bear spread together as a
synthetic short put at 34 and long call at 92. I do full revaluation of the
options with the Black-Scholes. I keep volatility and the interest rate
constant for the sake of computational speed.
I write my Monte Carlos through VBA and formulas in Excel, so this model does
not need Crystal Ball.
Regards,
Eugenio
|
John,
Sorry to see you go. Let's stay in touch.
Vince
Enron Technology
From: John P Tollefsen 08/24/2000 05:18 PM
To: Michelle Cash/HOU/ECT@ECT, Gene Humphrey/HOU/ECT@ECT, Mark
Lay/HOU/ECT@ECT, Gary Buck/HOU/ECT@ECT, Philip Conn/Corp/Enron@ENRON, Gary
Hickerson/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Chris
Gaskill/Corp/Enron@Enron, Scott Tholan/Corp/Enron@Enron, Geoff
Storey/HOU/ECT@ECT, Mark Broadfoot/HOU/ECT@ECT, Henry
Terech/EPSC/HOU/ECT@ECT, Robert D Wilson/EPSC/HOU/ECT@ECT, Andrea
Yowman/Corp/Enron@ENRON, Marcia Broom/EPSC/HOU/ECT@ECT, Kim
Kegley/EPSC/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Arshak
Sarkissian/HOU/ECT@Enron Communications, Steve Lovett/Enron
Communications@Enron Communications, Everett Plante/Enron
Communications@Enron Communications, George Wasaff/NA/Enron@Enron, Gary
McCumber/HOU/ECT@ECT, Randy Rice/NA/Enron@ENRON, Kevin Hannon/Enron
Communications@Enron Communications, Carol Ann Brown/Enron
Communications@Enron Communications, Greg Whalley/HOU/ECT@ECT, Louise
Kitchen/HOU/ECT@ECT, John Pavetto/Corp/Enron@Enron, Mike
McConnell/HOU/ECT@ECT, Debbie Busch/HOU/ECT@ECT, Anna M Docwra/HOU/ECT@ECT,
[email protected], Peggy McCurley/HOU/ECT@ECT, [email protected],
[email protected], Michael Schultz/AA/Corp/Enron@ENRON,
[email protected], Lloyd Will/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, Kevin
M Presto/HOU/ECT@ECT, Mary Solmonson/HOU/ECT@ECT, John Pyle/Corp/Enron@ENRON,
Enron IT Managers & Directors, Vince J Kaminski/HOU/ECT@ECT, Joel
Henenberg/NA/Enron@Enron, John Godbold/HOU/ECT@ECT, Michael
Moulton/HOU/ECT@ECT, Anthony Dayao/AP/Enron@Enron, David Oxley/HOU/ECT@ECT,
Fred L Kelly/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael
Slayton/HOU/EES@EES, IT Infrastructure & Integration, IT Infrastructure &
Integration - Direct Reports-zzzz
cc:
Subject: Leaving Enron
The time I have spent at Enron has been the most fulfilling of my
professional career. I have enjoyed great success with Enron; made many
friends and feel I have helped contribute to the company being recognized as
a leader of innovation. Having said that, it was with enormous sadness that
I must tell you I have tenured my resignation to Beth Perlman earlier today.
I want to thank each of you for all that you have done for me and with me in
my employment here at Enron. It's been a pleasure working with you and an
honor representing this company.
If you would like to reach me please feel free to call or e-mail:
E-Mail: [email protected]
[email protected]
Home: 281-997-0909
Work: 281-897-8317
Cell: 713-553-0843
Best Regards, John
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/12/2000
06:16 PM ---------------------------
Zimin Lu
09/28/2000 04:46 PM
To: Vince J Kaminski/HOU/ECT@ECT, William Smith/Corp/Enron@ENRON
cc: Stinson Gibner/HOU/ECT@ECT
Subject: Technical Corner Paper
Vince,
As you suggested, I splited the paper into two parts, the first one
devotes to the FX market and second one to gas market. Attached
is the first part.
Let me know if there is any mistakes in there, thanks.
Sam,
Vince wants to publish this article in the next Monday edition of the
research intelligence.
Thanks.
Zimin
|
Steve,
I have a book edited by Helyette regarding insurance derivatives.
I shall make a few copies of the most important articles
for you.
Vince
Steven Leppard
11/06/2000 05:39 AM
To: Vince J Kaminski/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT
cc: Gillian Lockwood/LON/ECT@ECT
Subject: Insurance derivs
Vince, Vasant
I've just been speaking to Gillian Lockwood from our Tax group, who is
interested in your work on ins. derivs. Have you any general articles on the
principles of pricing these instruments?
Many thanks,
Steve
|
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/20/2000
02:47 PM ---------------------------
bradley romine <[email protected]> on 01/20/2000 02:16:24 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Meeting (fwd)
--
Bradley Romine
EES/OR Stanford University
[email protected]
---------- Forwarded message ----------
Date: Thu, 20 Jan 2000 12:09:05 -0800 (PST)
From: bradley romine <[email protected]>
To: Nick Bambos <[email protected]>
Subject: Re: Meeting
Professor Bambos,
3pm on Wed. is fine with them. So I'll see you then in your office
in terman.
Brad
On Thu, 20 Jan 2000, Nick Bambos wrote:
> Brad,
>
> Yes, I would be happy to meet with them.
> How about 3pm on Wed.
>
> Thanks,
>
> Nick
>
> bradley romine wrote:
> >
> > Hello Professor Bambos,
> > I was talking to some friends I have at Enron about pricing
> > options for bandwidth trading and other optimization algorithms for
> > broadband networks. Anyway they are interested in talking to you about
> > your research. They will be in town next week tuesday and wednesday and
> > would appreciate getting a chance to talk to you. Are you available?
> >
> > Thanks,
> > Brad
> >
> > --
> > Bradley Romine
> > EES/OR Stanford University
> > [email protected]
>
--
Bradley Romine
EES/OR Stanford University
[email protected]
|
Joe,
This is the most recent offer from Lacima
(weather derivatives course). What do you think?
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/19/2001
07:15 PM ---------------------------
"Julie" <[email protected]> on 02/19/2001 03:19:45 PM
Please respond to "Julie" <[email protected]>
To: "VinceJKaminski" <[email protected]>
cc:
Subject: Re: weather course
Vince,
Enron is fine (although I think we have to pay for the Hyatt anyway).
?
Good discount (I have a feeling that my idea of a good discount and the
weather desk's idea is probably different?):? for the one day, $1100 per
person.? If you think that there will be?around 10 people or more, then we
can offer a day rate, regardless of the number of people.?
?
Thanks Vince
?
Julie
?
PS - Of course when I announced that we were cancelling, people started
responding that they wished to attend.? Ugh!
?
----- Original Message -----
From: [email protected]
To: Julie
Cc: [email protected]
Sent: Friday, February 16, 2001 4:05 PM
Subject: Re: weather course
Julie,
Enron location makes more sense. No reason to pay for the hotel.
Also, I think that one day makes more sense.
I contacted the weather desk about including other people at the training
course. I think that they would be interested if they got a good discount.
Vince
"Julie" <[email protected]> on 02/16/2001 09:39:37 AM
Please respond to "Julie" <[email protected]>
To:?? <[email protected]>
cc:
Subject:? Re: weather course
Vince,
Great. Just to let you know, we decided not to wait on the indecisive
ones, and postponed the open course. It's yours, whatever you want: ? 1
day (specific to what you feel will be of the most benefit), 2 days, Hyatt
or? Enron, or not at all. I hope this doesn't cause problems for you.
Special deal, for sure. I owe my godfather.
Julie
----- Original Message -----
From:? [email protected]
To: Julie
Cc: [email protected]
Sent: Thursday, February 15, 2001 3:16? PM
Subject: Re: weather course
Julie,
That's definitely an option.
We can? provide the room. Maybe we can cut with you a special deal for
Enron
and? increase the # of people attending. I am forwarding your message to
our? weather desk.
Vince
Joe,
What do you think about? it?
Vince
"Julie" <[email protected]> on? 02/15/2001 08:20:24 AM
Please respond to "Julie" <[email protected]>
To: ? "VinceJKaminski" <[email protected]>
cc:
Subject: ? weather course
Vince,
We just wanted to let you know? that we only have 3 people signed up for
the
weather derivatives course? (all from Enron) so far. We have a couple more
that have expressed strong? interest, but we are awaiting their final
decision. If no one else signs? up, Chris and Les thought that you guys
could probably get through the? first day pretty easily, and thus thought
it
may be an option to teach just? the 2nd day material (pricing) only at
Enron
(doing it at the Hyatt is an? option as well but the room might be on the
large side)? We would? obviously reimburse you for the day not taught. We
can teach both days as? well, but thought you may want to save some time.
I just wanted to give? you some time to think about it. We will know where
we stand on final? numbers by next? Wednesday.
Julie
|
Bob,
Can you help Kristin with interviews on Friday?
Please, let me know. You can leave a message on my voice mail.
Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/12/2001
05:08 PM ---------------------------
Enron North America Corp.
From: Kristin Gandy @ ENRON 02/12/2001 04:08 PM
To: Vince J Kaminski/HOU/ECT@ECT, Dorothy McCoppin/FGT/Enron@ENRON, Michael
Danielson/SF/ECT@ECT, Maureen Palmer/HOU/EES@EES, Alex
Huang/Corp/Enron@ENRON, Kevin Kindall/Corp/Enron@ENRON, John
Walt/Corp/Enron@ENRON, John B Gordon/NA/Enron@Enron, Andre Beskrowni/Enron
Communications@Enron Communications, Bill Salvucci/Enron Communications@Enron
Communications, Gaurav Babbar/HOU/ECT@ECT, [email protected]
cc: Michael Bradley/HOU/EES@EES, Craig Breslau/HOU/ECT@ECT, Richard A
Lammers/SA/Enron@Enron, Doug Leach/HOU/ECT@ECT, Laura Luce/Corp/Enron@Enron,
Daniel Reck/HOU/ECT@ECT, Raj Thapar/Enron Communications@Enron
Communications, Hunter S Shively/HOU/ECT@ECT, Brad Richter/Enron
Communications@Enron Communications, Frank Bay/Enron Communications@Enron
Communications
Subject: Carnegie Mellon Interviews
This is a request for your interview participation. The Associate and
Analyst Programs will be on the Carnegie Mellon, MBA campus interviewing
summer ASSOCIATE interns this week. Due to business reasons, previously
scheduled interviewers from the Carnegie Mellon team have had to cancel their
participation.
Currently, I need an additional interviewer for Friday, February 16. Please
let me know of your availability. Campus interviews are scheduled as follows:
Place: Carnegie Mellon
Career Development Office
Pittsburgh, PA 15213
Date: Thursday, February 15 Friday, February 16
Day One Interviews Day Two Interviews
Time: 8:30 a.m. to 5:00 p.m. 8:30 a.m. to 5:00 p.m.
Interviewers: Kevin Kindall - confirmed Michael Danielson - confirmed
Jon Walt - confirmed
Rajesh Chettiar - confirmed
Kara Knop - confirmed
In the event that you have scheduling conflicts and cannot participate, any
referrals at the Director or VP level would be greatly appreciated.
As always, thank you for your time and please contact me @ ext53214 if you
have any questions.
Kristin Gandy
Associate Recruiting
|
Steve,
I am calling Anjam to give him a deadline regarding move to Houston.
If he decides to stay in Houston, you should meet with him to convey
the concerns regarding his performance.
Vince
Steven Leppard
10/13/2000 03:50 AM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Dale
Surbey/LON/ECT@ECT, Tani Nath/LON/ECT@ECT
cc: Paulo Issler/HOU/ECT@ECT, Sharad Agnihotri/LON/ECT@ECT, Zimin
Lu/HOU/ECT@ECT
Subject: Support for Exotica
All
Sharad's investigations of Exotica's status in London have turned up a very
confused state of affairs. This isn't being helped by the fact that:
1. Anjam is rarely at his desk, and can't be found anywhere in the building.
2. When he is around he isn't willing or able to provide all the information
Sharad might need to support Exotica.
This is worrying since much of our business depends on the validity of
Exotica's valuations.
Sharad will now request information from Anjam via email to leave a trail,
and I want to alert you to the fact that Sharad will be cc'ing you in on
these emails.
If things don't improve soon, I may need to request some assistance in
extracting this information from Anjam.
Many thanks,
Steve
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.