file
stringlengths 14
33
| message
stringlengths 24
126k
| Sender
stringclasses 754
values | Receiver(s)
stringlengths 0
500
|
---|---|---|---|
arnold-j/sent/115.
|
subject: Re:
content: Jerk
From: Jeffrey A Shankman 10/13/2000 08:49 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject:
Give me a C
Give me an N
Give me an R
Give me an S
What do you have? A Quarter!
| ||
arnold-j/sent/116.
|
subject: Re: Last night
content: Lady, c'mon...you're just one of the guys! Wanna go to Treasures tonight?
From: Margaret Allen@ENRON on 10/13/2000 08:39 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Last night
Hey Buster John,
Despite the X's you received last night for your ill behavior, I wanted to
thank you for dinner because I had a great time. Although, I do take
personal offense to being flipped off at least 5 times in the course of
dinner. Watch your manners when your with a lady!
I hope you have a great Friday and today is one of your top 5 too!
MSA
| ||
arnold-j/sent/1160.
|
subject: RE: (no subject)
content: Please call me at 713 557 3330
| ||
arnold-j/sent/1161.
|
subject: Re:
content: Premonition?
=20
=09
=09
=09From: Jennifer Fraser 10/04/2000 03:01 PM
=09
To: John Arnold/HOU/ECT@ECT
cc: =20
Subject:=20
British Trader Sentenced to Prison
this could be you
British Trader Sentenced to Prison=20
By Jill Lawless
Associated Press Writer
Tuesday, Oct. 3, 2000; 2:07 p.m. EDT
LONDON =01)=01) A futures trader who bet the wrong way on=
U.S.
unemployment figures, and destroyed a company in 92=20
minutes, was
sentenced Tuesday to more than three years in jail.=20
"The position got worse and he was just numb," a defense=
=20
attorney said,
comparing the debacle to a bad night at a roulette wheel.=
=20
Stephen Humphries, 25, formerly a trader at Sussex Future=
s=20
Ltd., sank
the company with losses of $1.1 million.=20
"During that afternoon of Friday, Aug. 6, 1999, during a=
=20
period of one
hour, 32 minutes, the company's hard-earned reputation an=
d=20
value was
destroyed at a stroke ... by the fraudulent trading=20
activity of one man,
Stephen Humphries," said prosecution lawyer Martin Hicks.=
=20
Humphries pleaded guilty to one count of fraudulent=20
trading. Judge Denis
Levy sentenced him to three years and nine months in=20
prison.=20
Southwark Crown Court heard testimony that Humphries ran =
up=20
the
losses by trading futures contracts in government bonds,=
=20
and repeatedly
lied to superiors about his trades.=20
When worried colleagues left to summon the firm's senior=
=20
broker,
Humphries fled the building.=20
After the huge one-day loss, the company's creditor banks=
=20
balked and a
financial regulator was called in. Sussex Futures =01) wh=
ich=20
employed 70
brokers =01) ceased trading three months later with losse=
s of=20
$3.4 million.=20
The court was told that Humphries' trading losses began o=
n=20
the morning of
Aug. 6, wiping out two-thirds of his $25,000 trading=20
deposit by lunchtime.
The situation worsened at 1:30 p.m., when U.S. economic=
=20
figures were
released showing no increase in the unemployment rate. Th=
e=20
data made
U.S. interest rates more likely to rise and reduced the=
=20
value of
fixed-interest investments such as British government=20
bonds.=20
Nonetheless, Humphries continued to buy, in quantities th=
at=20
exceeded his
trading ceiling. Questioned by co-workers about the large=
=20
trades going
through his account, Humphries said he was in the process=
=20
of selling out.=20
By the time he fled, he held more than 100 times his=20
trading limit in futures.
"In the course of an afternoon ... you ruined not only yo=
ur=20
own career, but
the career of many others and you caused a prosperous=20
company, Sussex
Futures Limited, to go into liquidation, causing loss to=
=20
the company which
trusted you and employed you," said the judge.=20
Defense lawyer Simon Ward said Humphries had been under=
=20
intense
financial pressure and was "deeply sorry."=20
He had lost a previous job when a trading company he work=
ed=20
for went
under =01) also at the hands of a rogue trader.=20
He had taken out large bank loans, amassed a substantial=
=20
credit-card debt
and had borrowed from his father's life savings. He and h=
is=20
partner, with
whom he had two children, had a third baby die, a blow th=
at=20
affected
Humphries' judgment, Ward said.=20
"This is a tragic and very upsetting case," said Ward. "H=
e=20
was 24, under
intense financial and personal pressure and, in effect,=
=20
lost his head at the
roulette table."=20
, Copyright 2000 The Associated Press=20
Back to the top=20
| ||
arnold-j/sent/1162.
|
subject: RE: (no subject)
content: I am not who you think I am. I have never been in IDRC nor am I in the
profession.
Thx,
John
Jeannine Peaker <[email protected]> on 09/12/2000 02:09:32 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: RE: (no subject)
We are still showing you as an Active member of IDRC. Do you wish to resign
from the membership?
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Tuesday, September 12, 2000 1:59 PM
To: Jeannine Peaker
Subject: (no subject)
Remove me from your mailing list please.
| ||
arnold-j/sent/1163.
|
subject: Re: Re Larry May - REVISED
content: Frank:
Susan Scott, Larry's risk manager, will compile and send you a spreadsheet of
total p&l minus new deal p&l since June 1. Can you review this data and
compare it to the respective VAR numbers for these dates. I think you will
see the VAR numbers way overestimate his p&l volatility.
John
Enron North America Corp.
From: Frank Hayden @ ENRON 07/14/2000 05:17 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re Larry May - REVISED
John,
I apologize for the delay in responding, I was in class today.
We are having difficulty backtesting Larry May's VaR. It looks as if during
the month of June, the book administor loaded the spreadsheets into ERMS but
assigned multiple master deal ID's. (the code is "NG-OPT-XL-PRC")
For example Larry May is showing the following during the month of June:
June 1st $797 million dollars loss
June 2nd +192 million dollars made
June 5th $300 million dollars made... (etc..)
This problem makes it impossible to backtest....
Second, regarding a different approach, the immediate solution was the
allocation of an additional $5 million dollars of VaR, thereby temporarily
increasing your limit to $45 million. This limit increase is in effect until
July 26th. The game plan is that during this time period, a better solution
can be devised.....
I hope this helps.
Thanks,
Frank
John Arnold@ECT
07/14/2000 02:33 PM
To: Frank Hayden/Corp/Enron@Enron
cc:
Subject:
Frank:
Just following up on two topics.
One: Larry May's book continues to run at a VAR of 2,500,00 despite the fact
his P&L is never close to that. Can you check that his exotics book
positions are being picked up in his VAR calcs.
Second: Have you looked into applying a band-aid to the understating longer
term Vol problem until we change formulas?
John
| ||
arnold-j/sent/117.
|
subject:
content: Gary:
Just checking to see if the Trader's Roundtable includes us gas boys. I
would certainly be interested in attending.
John
| ||
arnold-j/sent/118.
|
subject: Re:
content: Yea, problem is I left at noon to catch my flight, but Marc had a later
flight because NY is closer to Columbus than here. Right after I left, the
market got very busy and Marc decided to stay at work and not go. So that
sucked.
Jennifer Burns
10/12/2000 04:09 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
I think I would be a little disappointed after traveling so far.......I guess
it was nice to see your "buddies".
John Arnold
10/12/2000 04:06 PM
To: Jennifer Burns/HOU/ECT@ECT
cc:
Subject: Re:
Sounds as if you went to a better show than I did. The game was very
sloppy. They tied 0-0. Not too exciting.
Jennifer Burns
10/12/2000 03:43 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
Well......IT WAS GREAT!!!!!! Live was actually better than Counting Crows
(Shocking). How was the Soccer Game? I owe you dinner. Thanks again for
the tickets.
John Arnold
10/12/2000 03:38 PM
To: Jennifer Burns/HOU/ECT@ECT
cc:
Subject:
how was the concert?
| ||
arnold-j/sent/119.
|
subject: Re: SMUD deal Asian options
content: sure
To: John Arnold/HOU/ECT@ECT, Timothy M Norton/HOU/ECT@ECT, John
Griffith/Corp/Enron@Enron, Dutch Quigley/HOU/ECT@ECT
cc:
Subject: Re: SMUD deal Asian options
John,
Thank you for your flexibility regarding the asian option we purchased from
you (average Feb-Aug GD HH settle). Unfortunately, our customer would like
to settle on 7 days, using the preceding day for any day for which Gas Daily
is not published (i.e., Friday prices would be used for Saturday and Sunday)
- so I know it's not your preference, but I need to take advantage of your
offer.
Regards,
Gary
x31511
John Arnold
10/08/2000 02:05 PM
To: Gary Taylor/HOU/ECT@ECT
cc:
Subject: Re: SMUD deal Asian options
I can do it either way but would much rather just make it the simple average
of prices, 5 per week.
From: Gary Taylor 10/05/2000 07:25 PM
To: John Arnold/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron
cc:
Subject: SMUD deal Asian options
John(s),
How will the Asian options we purchased from the gas desk settle with respect
to weekends... will the average of every day's gas daily settle mean the
average of only the days on which Gas Daily is published? or will it triple
count each Friday's or Monday's price to account for the weekend (with a
similar calculation on weekends). I assume it is the former, not the
latter. Is this correct? Are you indifferent if we want to switch to the
latter? Intuitively, it would seem to me that at this point, it wouldn't
matter (because Friday or Monday prices are just as likely to be above the
average as below the average), but you're wearing the risk, not us - so let
me know.
Frankly, we don't have a preference as a desk, except that we need the
settlement to be consistent with the deal we are entering into with SMUD.
SMUD has questioned our calculation and I need to know how much I need to
argue for one or the other.
Regards,
Gary
x31511
| ||
arnold-j/sent/12.
|
subject: re:summer inverses
content: amazing how with cash futures at $1 and the back such a piece that f/g under
such pressure. month 2 has been the strongest part of the board all year.
will be interesting to see what happens when h/j is prompt. could j actually
be strong? seems like of the spreads on the board the best risk reward is in
f/g. a little worried about having the z/f effect again. that is, all spec
length trying to roll and funds trying to roll at the same time leading to
some ridiculous level at expiry. any thoughts?
[email protected] on 12/08/2000 12:05:54 PM
To: [email protected]
cc:
Subject: re:summer inverses
i suck-hope youve made more money in natgas last 3 weeks than i have. mkt shud
be getting bearish feb forward-cuz we already have the weather upon us-fuel
switching and the rest shud invert the whole curve not just dec cash to jan
and
feb forward???? have a good weekend john
| ||
arnold-j/sent/120.
|
subject: Re:
content: Sounds as if you went to a better show than I did. The game was very
sloppy. They tied 0-0. Not too exciting.
Jennifer Burns
10/12/2000 03:43 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
Well......IT WAS GREAT!!!!!! Live was actually better than Counting Crows
(Shocking). How was the Soccer Game? I owe you dinner. Thanks again for
the tickets.
John Arnold
10/12/2000 03:38 PM
To: Jennifer Burns/HOU/ECT@ECT
cc:
Subject:
how was the concert?
| ||
arnold-j/sent/121.
|
subject:
content: how was the concert?
| ||
arnold-j/sent/122.
|
subject: Re: Follow - Up
content: Thx,
I do not have high speed service yet.
Ina Rangel
10/12/2000 10:28 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Follow - Up
John,
I just wanted to update you on some of the things that you wanted me to do:
1. I have ordered your computer and accessories for home use. Once it comes
in Jay Webb and Don Adams of IT and EOL will make sure that everything you
need will be programmed on your computer.
2. I I have ordered your t.v for the office
3. I am working with telerate department on how you will be able to access it
from your home.
4. Polycom is installed in your office
5. I am still investigating different cellular phone companies
I will get back to when everything is completed.
And one question, do you all ready have DSL or any king of internet service
at home?
Ina
| ||
arnold-j/sent/123.
|
subject: Re: Popup Text
content: sounds good
David Forster@ENRON
10/12/2000 01:32 PM
To: Savita Puthigai/NA/Enron@Enron, Andy Zipper/Corp/Enron@Enron, Kal
Shah/HOU/ECT@ECT
cc: John Arnold/HOU/ECT@ECT
Subject: Popup Text
I would like to put the following text into a popup box which will appear
once to all users of EnronOnline. If you have any comments, please pass them
back to me by this afternoon.
Thanks,
Dave
Special Bulletin: Nymex Trading every Sunday on EnronOnline
Starting Sunday, October 15 and continuing every Sunday until further
notice, Nymex US Gas Swaps will be available for trading from 4:00 p.m. to
7:00 p.m. Central Time.
| ||
arnold-j/sent/124.
|
subject: Re: BNP PARIBAS Commodity Futures Weekly AGA Survey
content: 82
[email protected] on 10/11/2000 08:17:21 AM
To: [email protected]
cc:
Subject: BNP PARIBAS Commodity Futures Weekly AGA Survey
Good Morning,
Just a reminder to get your AGA estimates in by Noon EST (11:00 CST) TODAY.
Last Year +49
Last Week +78
Thanks,
Michael Byrne
BNP PARIBAS Commodity Futures
______________________________________________________________________________
_______________________________________________________
Ce message et toutes les pieces jointes (ci-apres le "message") sont etablis
a l'intention exclusive de ses destinataires et sont confidentiels. Si vous
recevez ce message par erreur, merci de le detruire et d'en avertir
immediatement l'expediteur.
Toute utilisation de ce message non conforme a sa destination, toute
diffusion ou toute publication, totale ou partielle, est interdite, sauf
autorisation expresse.
L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS
(et ses filiales) decline(nt) toute responsabilite au titre de ce message,
dans l'hypothese ou il aurait ete modifie.
------------------------------------------------------------------------------
----
This message and any attachments (the "message") are intended solely for the
addressees and are confidential. If you receive this message in error, please
delete it and immediately notify the sender.
Any use not in accord with its purpose, any dissemination or disclosure,
either whole or partial, is prohibited except formal approval.
The internet can not guarantee the integrity of this message. BNP PARIBAS
(and its subsidiaries) shall (will) not therefore be liable for the message
if modified.
______________________________________________________________________________
_______________________________________________________
| ||
arnold-j/sent/125.
|
subject: Re: Var, Reporting and Resources Meeting
content: I will not be able to attend
Enron North America Corp.
From: Airam Arteaga 10/11/2000 09:17 AM
To: Phillip K Allen/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Scott
Neal/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT, Vladimir
Gorny/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron
cc: Rita Hennessy/NA/Enron@Enron, Ina Rangel/HOU/ECT@ECT, Laura
Harder/Corp/Enron@Enron, Kimberly Brown/HOU/ECT@ECT, Araceli
Romero/NA/Enron@Enron, Kay Chapman/HOU/ECT@ECT
Subject: Var, Reporting and Resources Meeting
REMINDER - Please see below.
---------------------- Forwarded by Airam Arteaga/HOU/ECT on 10/11/2000 09:14
AM ---------------------------
Enron North America Corp.
From: Airam Arteaga 10/04/2000 02:23 PM
To: Phillip K Allen/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Scott
Neal/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Ted
Murphy/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron
cc: Rita Hennessy/NA/Enron@Enron, Ina Rangel/HOU/ECT@ECT, Laura
Harder/Corp/Enron@Enron, Kimberly Brown/HOU/ECT@ECT, Araceli
Romero/NA/Enron@Enron, Kimberly Hillis/HOU/ECT@ect
Subject: Var, Reporting and Resources Meeting
Please plan to attend the below Meeting:
Topic: Var, Reporting and Resources Meeting
Date: Wednesday, October 11th
Time: 2:30 - 3:30
Location: EB30C1
If you have any questions/conflicts, please feel free to call me.
Thanks,
Rain
x.31560
| ||
arnold-j/sent/126.
|
subject:
content: Hey:
I hope you know we were just kidding with you yesterday. We don't get many
strangers on the floor so we have to harass them when we do.
I think I am a couple of the "we are not" attributes in your book. Is that
going to cause me any problems going forward?
John
| ||
arnold-j/sent/127.
|
subject:
content: I've got your tix. Just two though. I left them in my car. Can you walk
down with me around 11:45-12:00?
| ||
arnold-j/sent/128.
|
subject: Re: Offers
content: No 0-jun 1 indicative offer is 4.85
Sheetal Patel
10/10/2000 01:03 PM
To: John Arnold/HOU/ECT@ECT, Mike Maggi/Corp/Enron@Enron
cc: Charles H Otto/HOU/ECT@ECT
Subject: Offers
John & Mike,
Could you please fill out the attach spreadsheet COB today? There is one
swap term and one collar term.
It looks like we are getting close to a finance deal and are working with
John Thompson in the finance group. The outline quotes would be a buy out of
existing deals on Enron's books.
Thanks,
Sheetal
x36740
| ||
arnold-j/sent/129.
|
subject: Re: Substantiation for EOL
content: how's 3:00?
From: Margaret Allen@ENRON on 10/10/2000 12:08 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: Substantiation for EOL
Oh, I have a meeting with four people at 3:30. Can I come before or after
that? If no other time works, I can probably change it. Just let me know,
MSA
| ||
arnold-j/sent/13.
|
subject: Re:
content: cant handle the pressure of big money??
John J Lavorato@ENRON
12/10/2000 09:58 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject:
minn +3 1/2
jack -16 1/2
tenn-cinnci under35
gb-det under 39 1/2
tb +2 1/2
new england +2 1/2
pitt +3 1/2
phil-clev under 33 1/2
seattle +10
jets +9 1/2 and over 40 1/2 tease
as discussed.
| ||
arnold-j/sent/130.
|
subject: Re: Substantiation for EOL
content: Absolutely. Come by around 3:30??
From: Margaret Allen@ENRON on 10/10/2000 10:28 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Substantiation for EOL
Hi,
I was hoping that you could give me a few minutes after trading hours to help
me substantiate the EOL commercial. ABC is threatening not to run it if I
don't prove that "Enron has created the First Internet Global Commodities
Market." I can easily prove we are the largest, but I'm having a hard time
with first. I know we were, but I have to have it in writing.
Give me a call or email me and let me know when you have a second or two.
Thanks, Margaret
| ||
arnold-j/sent/131.
|
subject: Re: Admin Issues
content: how about 4:45?
From: Jennifer Fraser 10/10/2000 10:52 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Admin Issues
JA;
Got any time say around 4 pm today .. I need 5 minutes to discuss some
potential poaching on my part
Thansk
JF
| ||
arnold-j/sent/132.
|
subject:
content: John:
Please call Lavorato's secretary, Kim, and schedule a time to talk with John
ASAP.
Thanks,
John
| ||
arnold-j/sent/133.
|
subject: Re: Hmmmmm........
content: Yea, I'm picking up 2 tix today....hopefully.
John
Jennifer Burns
10/09/2000 10:38 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Hmmmmm........
J. Arnold-
Hey - It's me! Any luck with the tickets????? Just curious if there any way
I can get four tickets instead of two? I know I'm asking alot but I really
appreciate it. You know how much I love the Counting Crows and last time
they were in town someone was going to take me but the plans fell
through..........Thanks!!!!!!!
Jennifer
| ||
arnold-j/sent/134.
|
subject: Re:
content: I was long 4000 X @ 4902, then I switched it from X to F at the same price.
I switched it at 5000, but it puts me into the F at a price basis of 4902.
Sorry for the confusion.
Enron North America Corp.
From: Kevin M Presto 10/05/2000 10:12 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
My book indicates you have 4000F (Jan 01) at $5.00.
---------------------- Forwarded by Kevin M Presto/HOU/ECT on 10/05/2000
09:41 AM ---------------------------
Enron North America Corp.
From: Jenny Latham 10/05/2000 09:23 AM
To: Kevin M Presto/HOU/ECT@ECT
cc:
Subject: Re:
He has 4000F (Jan01) in your book at 5000.
Enron North America Corp.
From: Kevin M Presto 10/05/2000 08:30 AM
To: Stacey W White/HOU/ECT@ECT, Jenny Latham/HOU/ECT@ECT
cc:
Subject:
Please confirm Arnold's position by sending me an e-mail.
---------------------- Forwarded by Kevin M Presto/HOU/ECT on 10/05/2000
08:13 AM ---------------------------
John Arnold
10/04/2000 04:01 PM
To: Kevin M Presto/HOU/ECT@ECT
cc:
Subject:
Hey:
I just want to confirm the trades I have in your book.
Trade #1. I sell 4000 X @ 4652
Trade #2. I buy 4000 X @ 4652
I sell 4000 X @ 4902
Trade #3 I buy 4000 X @ 5000
I sell 4000 F @ 5000
Net result: I have 4000 F in your book @ 4902.
Thanks,
John
| ||
arnold-j/sent/135.
|
subject: Re: SMUD deal Asian options
content: I can do it either way but would much rather just make it the simple average
of prices, 5 per week.
From: Gary Taylor 10/05/2000 07:25 PM
To: John Arnold/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron
cc:
Subject: SMUD deal Asian options
John(s),
How will the Asian options we purchased from the gas desk settle with respect
to weekends... will the average of every day's gas daily settle mean the
average of only the days on which Gas Daily is published? or will it triple
count each Friday's or Monday's price to account for the weekend (with a
similar calculation on weekends). I assume it is the former, not the
latter. Is this correct? Are you indifferent if we want to switch to the
latter? Intuitively, it would seem to me that at this point, it wouldn't
matter (because Friday or Monday prices are just as likely to be above the
average as below the average), but you're wearing the risk, not us - so let
me know.
Frankly, we don't have a preference as a desk, except that we need the
settlement to be consistent with the deal we are entering into with SMUD.
SMUD has questioned our calculation and I need to know how much I need to
argue for one or the other.
Regards,
Gary
x31511
| ||
arnold-j/sent/136.
|
subject: Re: Thank you for dinner last night
content: Adam:
Good question. The exchange, NYMEX, and I, Enron Online, offer a nearly
identical product. The fight is over which execution model is superior. I
would argue that technology will make open outcry exchanges extinct. It's
happened in Europe already. The largest commodity exchange in Europe, the
LIFFE, went with a parallel electronic system to open outcry. Within weeks,
the floor was deserted and virtually all trading occurred electronically. I
still trade on the exchange because we have credit issues with individuals
and certain hedge funds that limit the trading we can do with them direct.
The exchange still provides a credit intermediation function that is useful.
It is certainly an issue that we are trying to address.
John
"Bayer, Adam Ryan" <[email protected]> on 10/03/2000 01:23:01 PM
To: [email protected]
cc:
Subject: Thank you for dinner last night
Dear Mr. Arnold,
It was nice to meet you yesterday at the
information session. Thank you for the dinner last night.
I had a great time getting to know Enron and its people in
a more relaxed setting.
During out conversation yesterday, I was confused
about a point you made. You stated that you spent most of
your time on the phone with Traders in New York. When
you talk to the traders, do you try to steer them towards
Enron Online, or are you doing trading outside of Enron
Online? I think the underlying question that I am asking,
is: Is Enron Online meant to facilitate a gas trader's job,
or is it meant to bypass traders completely.
Thanks again for your time and for dinner. I look forward
to talking with you again when you come to campus for
interviews.
Cordially,
Adam
-----------------------------------------------------------------
Bayer, Adam Ryan
Vanderbilt University
Email: [email protected]
| ||
arnold-j/sent/137.
|
subject: Re: Demo
content: yes
Brian Hoskins@ENRON COMMUNICATIONS
10/05/2000 06:28 PM
To: John Arnold/HOU/ECT@ECT@ENRON
cc:
Subject: Re: Demo
4pm?
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
John Arnold@ECT
10/05/00 06:05 PM
To: Brian Hoskins/Enron Communications@ENRON COMMUNICATIONS@ENRON
cc:
Subject: Re: Demo
Oops, I hadn't gotten to this one yet. Can we do it any later?
Brian Hoskins@ENRON COMMUNICATIONS
10/05/2000 04:52 PM
To: [email protected]
cc: John Arnold/HOU/ECT@ECT
Subject: Re: Demo
Let's plan on meeting between 3 and 3:30pm on Wednesday. I'll call you on
Wednesday.
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
[email protected]
10/05/00 03:39 PM
To: Brian Hoskins/Enron Communications@Enron Communications
cc:
Subject: Re: Demo
Let me know when will be good for both you and John on next Wednesday
afternoon. Right now only you and myself have been added into the NT group.
After the demo, if both of you think it is a great tool, then I am going to
add all traders into the NT group, so they can use it.
Fangming
Brian_Hoskins
@enron.net To:
[email protected]
cc:
[email protected]
10/05/2000 Subject: Re:
Demo
03:18
PM
Fangming,
I am out of town until tomorrow so will not be able to see the demo today.
Wednesday afternoon looks good for me if you'd like to do it then. John,
does
this work for you?
Brian
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
|--------+----------------------->
| | Fangming.Zhu@|
| | enron.com |
| | |
| | 10/05/00 |
| | 09:17 AM |
| | |
|--------+----------------------->
>
----------------------------------------------------------------------------|
|
|
| To: Brian Hoskins/Enron Communications@Enron Communications
|
| cc: [email protected]
|
| Subject: Demo
|
>
----------------------------------------------------------------------------|
Hi, Brian:
Let me know if you have time for the messageboard application demo today. I
am planning to take vacation on Friday and coming Monday. I will not be
available to show you the demo until next Wednesday if you can't see it
today.
Let me know your schedule.
Thanks,
Fangming
| ||
arnold-j/sent/138.
|
subject: Re: options information
content: Dave:
We spend a tremendous amount of resources and money collecting information.
Further, the flow we see gives us an advantage in the market. We have
little interest in distributing this info outside of the building. I hope
you understand. Good luck to your brother.
David Pruner@AZURIX
10/06/2000 09:03 AM
To: John Arnold/HOU/ECT@ECT, Mike Maggi/Corp/Enron@Enron
cc:
Subject: options information
I run the structuring group at Azurix, but I am emailing you in reference to
my brother-in-law, Scott Adams, who is based in New York City. Since
graduating from Brown University he has traded options on the floor in New
York as a local for the last 8 years. He trades natural gas options and is
looking to occassionally do an information exchange with someone where he can
discuss the OTC market versus what he sees going on in the ring. If this
would be of interest or not let me know and I will hook you two up. Thanks
for your time.
Dave Pruner 713-646-8329
| ||
arnold-j/sent/139.
|
subject: Re: Demo
content: Oops, I hadn't gotten to this one yet. Can we do it any later?
Brian Hoskins@ENRON COMMUNICATIONS
10/05/2000 04:52 PM
To: [email protected]
cc: John Arnold/HOU/ECT@ECT
Subject: Re: Demo
Let's plan on meeting between 3 and 3:30pm on Wednesday. I'll call you on
Wednesday.
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
[email protected]
10/05/00 03:39 PM
To: Brian Hoskins/Enron Communications@Enron Communications
cc:
Subject: Re: Demo
Let me know when will be good for both you and John on next Wednesday
afternoon. Right now only you and myself have been added into the NT group.
After the demo, if both of you think it is a great tool, then I am going to
add all traders into the NT group, so they can use it.
Fangming
Brian_Hoskins
@enron.net To:
[email protected]
cc:
[email protected]
10/05/2000 Subject: Re:
Demo
03:18
PM
Fangming,
I am out of town until tomorrow so will not be able to see the demo today.
Wednesday afternoon looks good for me if you'd like to do it then. John,
does
this work for you?
Brian
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
|--------+----------------------->
| | Fangming.Zhu@|
| | enron.com |
| | |
| | 10/05/00 |
| | 09:17 AM |
| | |
|--------+----------------------->
>
----------------------------------------------------------------------------|
|
|
| To: Brian Hoskins/Enron Communications@Enron Communications
|
| cc: [email protected]
|
| Subject: Demo
|
>
----------------------------------------------------------------------------|
Hi, Brian:
Let me know if you have time for the messageboard application demo today. I
am planning to take vacation on Friday and coming Monday. I will not be
available to show you the demo until next Wednesday if you can't see it
today.
Let me know your schedule.
Thanks,
Fangming
| ||
arnold-j/sent/14.
|
subject:
content: why does everybody in this company know my p&l?????
| ||
arnold-j/sent/140.
|
subject: Re: Demo
content: Yea ... the later the better.
Brian Hoskins@ENRON COMMUNICATIONS
10/05/2000 03:18 PM
To: [email protected]
cc: John Arnold/HOU/ECT@ECT
Subject: Re: Demo
Fangming,
I am out of town until tomorrow so will not be able to see the demo today.
Wednesday afternoon looks good for me if you'd like to do it then. John,
does this work for you?
Brian
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
[email protected]
10/05/00 09:17 AM
To: Brian Hoskins/Enron Communications@Enron Communications
cc: [email protected]
Subject: Demo
Hi, Brian:
Let me know if you have time for the messageboard application demo today. I
am planning to take vacation on Friday and coming Monday. I will not be
available to show you the demo until next Wednesday if you can't see it
today.
Let me know your schedule.
Thanks,
Fangming
| ||
arnold-j/sent/141.
|
subject: Re: aug/sep
content: Sorry for not responding. I don't look at my email constantly through the
day. Don't have much to do in Q/U still it widens back out.
Thanks,
John
[email protected] on 10/05/2000 01:05:27 PM
To: [email protected]
cc:
Subject: aug/sep
i think your selling the whole curve-if your interested im .005 bid for 300
aug/sep ngas. let me know if your interested. dont let silverman get you into
too much trouble tonite
| ||
arnold-j/sent/142.
|
subject: RE: WEFA's Outlook for Natural Gas
content: Something to take a look at
---------------------- Forwarded by John Arnold/HOU/ECT on 10/04/2000 04:17
PM ---------------------------
From: Jennifer Fraser 10/04/2000 11:10 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: RE: WEFA's Outlook for Natural Gas
---------------------- Forwarded by Jennifer Fraser/HOU/ECT on 10/04/2000
11:08 AM ---------------------------
"Goyburu, Alfredo" <[email protected]> on 10/04/2000 10:52:58 AM
To:
cc:
Subject: RE: WEFA's Outlook for Natural Gas
Thank you for your interest in Ron Denhardt's comments on Natural Gas.
If you have any difficulty opening or using the file, please write to me or
give me a call.
Al Goyburu
Electric Power
WEFA Energy
610-490-2648
<<NAPC--Oct 2000.ppt>>
- NAPC--Oct 2000.ppt
| ||
arnold-j/sent/143.
|
subject: RE: WEFA's Outlook for Natural Gas
content: Thanks
From: Jennifer Fraser 10/04/2000 11:10 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: RE: WEFA's Outlook for Natural Gas
---------------------- Forwarded by Jennifer Fraser/HOU/ECT on 10/04/2000
11:08 AM ---------------------------
"Goyburu, Alfredo" <[email protected]> on 10/04/2000 10:52:58 AM
To:
cc:
Subject: RE: WEFA's Outlook for Natural Gas
Thank you for your interest in Ron Denhardt's comments on Natural Gas.
If you have any difficulty opening or using the file, please write to me or
give me a call.
Al Goyburu
Electric Power
WEFA Energy
610-490-2648
<<NAPC--Oct 2000.ppt>>
- NAPC--Oct 2000.ppt
| ||
arnold-j/sent/144.
|
subject: Re: requirement document
content: Can you handle this. Please forward all names on the daily P&L sheet. I get
a copy every day if you need.
---------------------- Forwarded by John Arnold/HOU/ECT on 10/04/2000 04:11
PM ---------------------------
Brian Hoskins@ENRON COMMUNICATIONS
10/04/2000 11:55 AM
To: Ina Rangel/HOU/ECT@ECT
cc: Fangming Zhu/Corp/Enron@ENRON, John Arnold/HOU/ECT@ECT
Subject: Re: requirement document
Ina,
We're setting up a secure message board for all the traders on the floor.
Can you please provide Fangming with our current list of gas traders?
Thanks,
Brian
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
----- Forwarded by Brian Hoskins/Enron Communications on 10/04/00 12:01 PM
-----
Fangming Zhu@ENRON
10/03/00 11:14 AM
To: Brian Hoskins/Enron Communications@ENRON COMMUNICATIONS
cc:
Subject: Re: requirement document
Brian,
Please provide the list of user's NT loginID and their full name whoever
will use this application. I am going to set up the security for them while I
am buiding the application.
Thanks,
Fangming
Brian Hoskins@ENRON COMMUNICATIONS
09/28/2000 02:31 PM
To: Fangming Zhu/Corp/Enron@ENRON
cc: Allen Elliott/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
Subject: Re: requirement document
Fangming,
Looks good. That's exactly what we're looking for. John, please comment if
there are any additional features you'd like to add.
Brian
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
Fangming Zhu@ENRON
09/28/00 02:23 PM
To: Brian Hoskins/Enron Communications@Enron Communications
cc: Allen Elliott/HOU/ECT@ECT
Subject: requirement document
Hi, Brian:
Please review attached requirement document and reply this message with any
comments. Once you approve it, I am going to build the application.
Thanks,
Fangming
| ||
arnold-j/sent/145.
|
subject: Re: Natural update
content: Mark:
We are still on for drinks on the 19th. You have called the market very well
since you started sending me updates. Unfortunately for both of us, a couple
of good calls does not a soothsayer make. Thus, keep sending me your updates
so I can at least get a little broader judgment of your abilities. In terms
of my trading style, I take positions to make $.25-$1, not $.05. Too much
noise in this market to trade differently for me.
"Mark Sagel" <[email protected]> on 10/04/2000 02:55:41 PM
To: <[email protected]>
cc:
Subject: Re: Natural update
John:
I hope you know I was just fishing for a reaction on the phone before. I
assumed we would discuss a potential relationship when I'm in Houston on the
19th. We're still on for drinks after work, right? By then, you should
have a comfort level with the quality of my work. I think the analysis I've
given you has been quite accurate as to market turns and price behavior. It
would be helpful if I had some idea of how you trade/view the market. Are
you mainly day-trading or do you hold positions for several days/weeks?
That way I can structure my comments in order to best serve your interests.
Let me know. Thanks,
----- Original Message -----
From: <[email protected]>
To: <[email protected]>
Sent: Wednesday, October 04, 2000 9:14 AM
Subject: Re: Natural update
Mark:
Let's keep the present system for the short-term. I would like to continue
looking at your work for another couple weeks. We'll talk later,
John
"Mark Sagel" <[email protected]> on 10/03/2000 02:29:47 PM
To: "John Arnold" <[email protected]>
cc:
Subject: Natural update
John:
The price behavior of the past couple days has been disappointing. My
short-term market patterns suggested a more robust price rally and natural
appears to be waning at present. Volume on this rally is poor,
particularly since yesterday was a decent day to the upside. The market
appears to be using a lot of its energy but spinning its wheels. If we
are at these same price levels in another two weeks, that would be
extremely bullish. Right here, the risk/reward to being long is not so
great. Recommend a neutral stance short-term on natural. Bigger picture
is still very bullish. However, this market needs another 1-2 weeks of
what I would call horizontal price action to set the stage for a big move
to the upside.
Let me know if this stuff is useful for you. I certainly don't want to
waste your time. In addition, if you prefer I call when I have something
to pass along, let me know. I don't know how often you check/see your
e-mail. Thanks,
Mark Sagel
| ||
arnold-j/sent/146.
|
subject:
content: Hey:
I just want to confirm the trades I have in your book.
Trade #1. I sell 4000 X @ 4652
Trade #2. I buy 4000 X @ 4652
I sell 4000 X @ 4902
Trade #3 I buy 4000 X @ 5000
I sell 4000 F @ 5000
Net result: I have 4000 F in your book @ 4902.
Thanks,
John
| ||
arnold-j/sent/147.
|
subject: Re: TEST
content: Received
z <[email protected]> on 10/04/2000 08:48:55 AM
Please respond to [email protected]
To: [email protected]
cc:
Subject: TEST
This is a test from Yahoo email. Please reply if
received.
Don Adam
Team Lead, Trader Support
__________________________________________________
Do You Yahoo!?
Yahoo! Photos - 35mm Quality Prints, Now Get 15 Free!
http://photos.yahoo.com/
| ||
arnold-j/sent/148.
|
subject: Re: ABN
content: Credit lines are like bandwidth. Create the capacity and we'll find a way to
use it.
Sarah Wesner@ENRON
10/03/2000 09:58 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: ABN
John - Enron maxed out its facility with ABN on 9/18/00. I am going for an
increase to $50 million. Do you see increasing your trade flow? I do not
want to ask for interest free money if Enron will not use it.
Sarah
| ||
arnold-j/sent/149.
|
subject: Re: Natural update
content: Mark:
Let's keep the present system for the short-term. I would like to continue
looking at your work for another couple weeks. We'll talk later,
John
"Mark Sagel" <[email protected]> on 10/03/2000 02:29:47 PM
To: "John Arnold" <[email protected]>
cc:
Subject: Natural update
John:
?
The price behavior of the past couple days has been disappointing.? My
short-term market patterns suggested a more robust price rally and natural
appears to be waning at present.? Volume on this rally is poor, particularly
since yesterday was a decent day to the upside.? The market appears to be
using a lot of its energy but spinning its wheels.? If we are at these same
price levels in another two weeks, that would be extremely bullish.? Right
here, the risk/reward to being long is not so great.? Recommend a neutral
stance short-term on natural.? Bigger picture is still very bullish.?
However, this market needs another 1-2 weeks of what I would call horizontal
price action to set the stage for a big move to the upside.
?
Let me know if this stuff is useful for you.? I certainly don't want to
waste your time.? In addition, if you prefer I call when I have something to
pass along, let me know.? I don't know how often you check/see your e-mail.?
Thanks,
?
Mark Sagel
| ||
arnold-j/sent/15.
|
subject: Burning Fat
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 12/08/2000 03:48
PM ---------------------------
From: Bill Berkeland @ ENRON 12/08/2000 03:43 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Burning Fat
---------------------- Forwarded by Bill Berkeland/Corp/Enron on 12/08/2000
03:43 PM ---------------------------
From: Jennifer Fraser @ ECT 12/07/2000 02:40 PM
To: Sarah Mulholland/HOU/ECT@ECT, Stewart Peter/LON/ECT@ECT, Niamh
Clarke/LON/ECT@ECT, Alex Mcleish/EU/Enron@Enron, Caroline
Abramo/Corp/Enron@Enron, Mark Smith/Corp/Enron@Enron, Vikas
Dwivedi/NA/Enron@Enron, Bill Berkeland/Corp/Enron@Enron
cc:
Subject: Burning Fat
Vikas - What's the market in nat gas versus lard and heating oil versus olive
oil
---------------------- Forwarded by Jennifer Fraser/HOU/ECT on 12/07/2000
02:39 PM ---------------------------
"Joel K. Gamble" <[email protected]>@wwwww.aescon.com on
12/07/2000 12:33:40 PM
Sent by: [email protected]
To: [email protected]
cc:
Subject: Burning Fat
Some of our food processing factories in the Midwest which have fuel switching
capability find it profitable at these gas prices to burn rendered animal fat
in
lieu of natural gas. Apparently, the doesn't hurt the boiler machinery. One
of
the guys responsible for this move did a back of the envelope calculation and
found that at $8.00 / Dth NG prices it was even profitable to buy olive oil in
bulk as a heating fuel. They haven't used veggie oil yet but are considering
it. Anyone else hear any stories of end users switching to unusual fuels?
Regards
| ||
arnold-j/sent/150.
|
subject:
content: http://ecthou-webcl1.nt.ect.enron.com/research/Weather/WeatherMain.htm
| ||
arnold-j/sent/151.
|
subject:
content: John:
I have asked Mike and Larry to spend half an hour each talking to you about
opportunities on the gas floor. Please advise if the following schedule is
unacceptable. I will be leaving today at 2:15.
Larry 4:00-4:30
Mike 4:30-5:00
Thanks,
John
| ||
arnold-j/sent/152.
|
subject: small ventures usa
content: Russell:
I think I should give you a little background on small ventures. Bill
Perkins and I have a strong personal and professional relationship. He is an
extremely creative individual. Whalley actually commented on him today as
someone "who thinks outside the box". Bill actually sat in a bar four years
and said the next tradeable market would be bandwidth. He has been
successful in the gas business when he has had someone to filter his ideas.
As such he provides an informal consulting role to Enron. He throws out
ideas and, every once in a while, he comes up with a great one. He pointed
out an anomalous pricing occurence in the options market, a market I normally
don't follow closely, that I translated into a multimillion dollar trade for
Enron. In return, I have agreed to have Enron intermediate his trades within
reason. I want to emphasize that continuing this relationship should be
considered a high priority. I am willing to accept some of the credit risk
exposure as a cost of doing business. Bill understands his role as an
independent in the market and performs the right risk/reward trades for
someone with finite capital. I place very high confidence in Bill not
conducting high risk trades. Having said that, we certainly need to monitor
his credit exposure and continue to require LC's. Just understand that he is
at a different level of sophistication that any other non-investment grade
counterparty.
I understand there was some concern in regards to the Transco Z6 spread
option he traded. He was absolutely right about the valuation and we, on the
trading desk, knew it as well. There are a couple isolated products that
Enron does not do a good job of valuing because of systems limtations. This
was one product. Our spread options are booked in Excel using option pricing
models created by the research group. The problem with these models is that
they are strictly theoretical and don't take into account gas fundamental
price limitations. For instance, it is less probable, though not impossible,
for a transport spread from a production area to a market area to go within
variable cost than the models predict. Thus it is necessary to apply a
correlation skew curve on top of the overlying correlation used. Obviously,
we have this function in our pricing models. I was not aware this
methodology had not been transferred to the valuation models. This has since
been changed. Fortunately these incidents tend to be extremely rare as very
few non-investment grade companies trade these types of products.
Finally, on Friday Bill wanted to do a trade that reduced his exposure to
Enron. I gave Mike Maggi the go ahead to do the trade without consulting
credit. I do not believe that I acted out of line in approving this trade
considering the circumstances. If you believe differently, please advise.
Thanks,
John
| ||
arnold-j/sent/153.
|
subject: Nigel Patterson
content: Can you swap me with Fletch. Try to make all of my interviews as late as
possible.
Thx
John
---------------------- Forwarded by John Arnold/HOU/ECT on 09/29/2000 04:55
PM ---------------------------
Enron North America Corp.
From: Kimberly Hillis 09/29/2000 09:52 AM
To: John Arnold/HOU/ECT@ECT, Fletcher J Sturm/HOU/ECT@ECT, Kevin M
Presto/HOU/ECT@ECT, Mark Dana Davis/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect,
John J Lavorato/Corp/Enron@Enron, David W Delainey/HOU/ECT@ECT, Greg
Whalley/HOU/ECT@ECT
cc: Ina Rangel/HOU/ECT@ECT, Kay Chapman/HOU/ECT@ECT, Felicia
Doan/HOU/ECT@ECT, Tamara Jae Black/HOU/ECT@ECT, Airam Arteaga/HOU/ECT@ECT,
Jessica Ramirez/HOU/ECT@ECT
Subject: Nigel Patterson
Below please find a copy of the resume and the itinerary for Nigel
Patterson.
If you have any questions, please do not hesitate to call me or John Lavorato.
Thanks for you help.
Kim
x30681
12:30 - 1:00 Rogers Herndon (EB3320)
1:00 - 1:30 Kevin Presto (EB3320)
1:30 - 2:00 Dana Davis (EB3320)
2:00 - 2:30 Dave Delainey (EB3314)
2:30 - 3:00 John Arnold (EB3320)
3:15 - 4:00 Greg Whalley (EB2801)
4:00 - 4:30 Fletch Sturm (EB3320)
| ||
arnold-j/sent/154.
|
subject:
content: Just an update: Today I set up a front month fixed price gas daily product
priced at parity to NYMEX. I thought the response was tremendous. It really
shows that we might have an angle to put out more of the curve and become the
predominant benchmark for the industry rather than the exchange.
One problem I had was linking 2 syncopated basis products. I set up a new
product for the prompt that was Nov GD/D Henry Hub that was a syncopated
basis of 0/0 to the Nov Nymex. However, since Dec Nymex is a syncopated
basis to Nov Nymex, I could not set up a syncopated basis link around the Dec
Nymex. Any ideas?
| ||
arnold-j/sent/155.
|
subject:
content: Jeff:
Anything ever happen with Pedron?
John
| ||
arnold-j/sent/156.
|
subject:
content: Boys:
I'm sorry you were not able to attend last night. I do appreciate your
efforts to make this book as successful as it has been. It's not quite the
same as being in my company, but take your respective wives, or swap, I don't
care, out this weekend on me. Try to keep it under $300 per couple. Keep up
the good work,
John
| ||
arnold-j/sent/157.
|
subject: Re: Commercials
content: What design are you talking about? Do I have pink elephants on all my emails
or something?
I'm very enthused that I have the skillset to be an advertising critic when I
grow up. It's something I've always wanted to do.
PS. I'm a little sarcastic as well.
From: Margaret Allen@ENRON on 09/27/2000 01:45 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: Commercials
John, John, John....very impressive analysis! The first two commercials were
supposed to be idealistic spots announcing Enron as an innovative company,
while the next four are proof points to our innovation by showing the
businesses we have created.
I know you were elated to get an email from me this morning, thus proving
that I had not been kidnapped and all those important things I work on would
continue to be completed. Oh and that certainly is a pretty design you add
to your emails. Very masculine!
Smile, Margaret
ps, i hope you can read my sarcasm over email -- if you knew me better, you
would understand it completely since it is rare that i'm in a totally serious
mood. hope you don't take offense!
John Arnold@ECT
09/27/2000 12:29 PM
To: Margaret Allen/Corp/Enron@ENRON
cc:
Subject: Re: Commercials
I really liked the commercials about specifics (i.e. weather, EOL,
bandwidth). The metal man was definitely at a different philosophical level
than where my brain operates. Still not quite sure what was going on there.
Ode was a bit too idealistic. The campaign in general was very different
than previous. But I guess you know that and that's the point. Again, I
think the commercials that showed why we are the most innovative were very
impressive. Just telling people we are innovative made less of an impact.
Sorry I ruined your run. At least you weren't molested by the River Oaks car
thief.
From: Margaret Allen@ENRON on 09/27/2000 08:24 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Commercials
So, what did you think?! Don't lie or stretch the truth either -- you won't
hurt my feelings, I promise.
By the way, by the time I arrived home it was completely dark so I went for a
three mile run this morning. Not fun, but I'm definitely awake right now!
BUT, it's all your fault I couldn't go last night....he!he!
Trade well, MSA
| ||
arnold-j/sent/158.
|
subject: Re:
content: As far as lunch, it's a done deal. I need names of people who should be
allowed. It is not for the whole floor, but rather for people who need to
stay at their desk during the day. Please advise,
John
Enron North America Corp.
From: Kori Loibl 09/28/2000 02:24 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject:
Just wanted to say "thank-you" for dinner last night. It's unfortunate Errol
and Dutch didn't make it, they are the ones who do all the work for you.
Are you going to hook me up on the lunch police?
Thanks again,
Kori.
| ||
arnold-j/sent/159.
|
subject: Re: requirement document
content: Looks good. I'm a little confused as to how many users can be on. The
system needs to be able to handle 50+ users at one time, each being able to
post messages any time.
Brian Hoskins@ENRON COMMUNICATIONS
09/28/2000 02:31 PM
To: Fangming Zhu/Corp/Enron@ENRON
cc: Allen Elliott/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
Subject: Re: requirement document
Fangming,
Looks good. That's exactly what we're looking for. John, please comment if
there are any additional features you'd like to add.
Brian
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
[email protected]
Fangming Zhu@ENRON
09/28/00 02:23 PM
To: Brian Hoskins/Enron Communications@Enron Communications
cc: Allen Elliott/HOU/ECT@ECT
Subject: requirement document
Hi, Brian:
Please review attached requirement document and reply this message with any
comments. Once you approve it, I am going to build the application.
Thanks,
Fangming
| ||
arnold-j/sent/16.
|
subject:
content: A funny story:
Because Access was up 75 cents last night, Nymex made a trading limit of
unchanged to +150. After 20 minutes of trading, we were at unchanged and the
exchange stopped trading for an hour.
Rappaport, the exchange president, was standing by to make sure everything
was orderly. Obviously, the locals weren't too happy about the exchange
closing. One yelled at Rappaport...
"Why don't you take your million dollar bonus and go buy Enron stock"
| ||
arnold-j/sent/160.
|
subject: Re: PIRA Annual Seminar Preview
content: Thank you for sending this. If only you sent it a couple hours earlier.
Just kidding. T Boone must have heard this because he sold everything
today. 9000 contracts.
John
From: Jennifer Fraser 09/28/2000 03:35 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: PIRA Annual Seminar Preview
Hey JA:
I was at PIRA today and got a preview of their presenation on Oct 11-12 for
their client seminars.
(Greg Shuttlesworth)
Summary:
They have turned a little bearish becuase
They believe that distillates will cap gas ( get some to graph HO, CL, NY
No.6 1% and TZ6 Index and NX3) the picture is very convincing
Supply is increasing at a faster pace (1Bcf/d more in Q4 and expect
incremental 2 BCF/d next summer)
Canadian production is increasing
Deep water GOm is increasing
Lastly, Shallow water GOM is also improving after years of decline
Demand
modest in 01/02
more efficient gas turbine
economic moderation
Near term
Yes it looks a little ugly this winter
Possibility of shocks in the shoulder ( low storage and early summer heat in
Apr-May 01)
Call me or write if you call for more details. I am also faxing you their
fuel substitution slide---- it looks at up to 5 BCF/d being put back into the
supply chain.
Thanks
JF
| ||
arnold-j/sent/161.
|
subject: test
content: home.enron.com
this is home.enron.com.
| ||
arnold-j/sent/162.
|
subject:
content: Jim:
I apologize for the comment after your order. I knew you didn't like the
market last night so I was surprised when you were an buyer this morning.
It's not your style to change views quickly as you tend to trade with a
longer term view. I was out of line with the comment and it won't happen
again.
John
| ||
arnold-j/sent/163.
|
subject:
content: Hi:
Can you get me subscriptions to the following magazines:
The Economist
Energy Risk Management
Havard Business Review
Thanks,
John
| ||
arnold-j/sent/164.
|
subject: Re: Evening
content: Hello:
I am John Arnold. I believe you're looking for Jeff Arnold.
[email protected] on 09/27/2000 05:30:27 PM
To: [email protected]
cc:
Subject: Re: Evening
jeff,
thanks for the directions - i have already forwarded them home.
tonight is not good for me but perhaps one day we will finally connect now
that
we are closer!
i've been thinking about sunday and hope you have a deck of cards to play with
(perhaps 2 decks of uno cards).
| ||
arnold-j/sent/165.
|
subject: Re: Commercials
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 09/27/2000 03:26
PM ---------------------------
From: Margaret Allen@ENRON on 09/27/2000 01:45 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: Commercials
John, John, John....very impressive analysis! The first two commercials were
supposed to be idealistic spots announcing Enron as an innovative company,
while the next four are proof points to our innovation by showing the
businesses we have created.
I know you were elated to get an email from me this morning, thus proving
that I had not been kidnapped and all those important things I work on would
continue to be completed. Oh and that certainly is a pretty design you add
to your emails. Very masculine!
Smile, Margaret
ps, i hope you can read my sarcasm over email -- if you knew me better, you
would understand it completely since it is rare that i'm in a totally serious
mood. hope you don't take offense!
John Arnold@ECT
09/27/2000 12:29 PM
To: Margaret Allen/Corp/Enron@ENRON
cc:
Subject: Re: Commercials
I really liked the commercials about specifics (i.e. weather, EOL,
bandwidth). The metal man was definitely at a different philosophical level
than where my brain operates. Still not quite sure what was going on there.
Ode was a bit too idealistic. The campaign in general was very different
than previous. But I guess you know that and that's the point. Again, I
think the commercials that showed why we are the most innovative were very
impressive. Just telling people we are innovative made less of an impact.
Sorry I ruined your run. At least you weren't molested by the River Oaks car
thief.
From: Margaret Allen@ENRON on 09/27/2000 08:24 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Commercials
So, what did you think?! Don't lie or stretch the truth either -- you won't
hurt my feelings, I promise.
By the way, by the time I arrived home it was completely dark so I went for a
three mile run this morning. Not fun, but I'm definitely awake right now!
BUT, it's all your fault I couldn't go last night....he!he!
Trade well, MSA
| ||
arnold-j/sent/166.
|
subject: Re: Commercials
content: I really liked the commercials about specifics (i.e. weather, EOL,
bandwidth). The metal man was definitely at a different philosophical level
than where my brain operates. Still not quite sure what was going on there.
Ode was a bit too idealistic. The campaign in general was very different
than previous. But I guess you know that and that's the point. Again, I
think the commercials that showed why we are the most innovative were very
impressive. Just telling people we are innovative made less of an impact.
Sorry I ruined your run. At least you weren't molested by the River Oaks car
thief.
From: Margaret Allen@ENRON on 09/27/2000 08:24 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Commercials
So, what did you think?! Don't lie or stretch the truth either -- you won't
hurt my feelings, I promise.
By the way, by the time I arrived home it was completely dark so I went for a
three mile run this morning. Not fun, but I'm definitely awake right now!
BUT, it's all your fault I couldn't go last night....he!he!
Trade well, MSA
| ||
arnold-j/sent/167.
|
subject: Re:
content: Joe:
I just wanted to run this past you...
John
---------------------- Forwarded by John Arnold/HOU/ECT on 09/27/2000 12:05
PM ---------------------------
To: John Arnold/HOU/ECT@ECT
cc: Joseph Deffner/HOU/ECT@ECT, Tim DeSpain/HOU/ECT@ECT
Subject: Re:
John:
I don't mind cleaning up their books at quarter end. However,at year end I
will want to keep the debt off of my books. As we approach year-end this
year could you please coordinate with Joe Deffner so that we take advantage
of the margin lines we have available in order to minimize the debt on our
books.
Thanks,
Ben
John Arnold
09/26/2000 07:12 PM
To: Ben F Glisan/HOU/ECT@ECT
cc:
Subject:
Ben:
Jeff Shankman gave me your name. I have assumed Jeff's old responsibilities
as head of the natural gas derivatives trading group. Our broker, EDF MAN,
supplies us with $50 million of margin financing every night. They are
trying to clean up their books for end of quarter and/or year on Sep 30.
They have asked if we can post the $50 million overnight on the 30th. We did
this last year as well. Please advise,
John
| ||
arnold-j/sent/168.
|
subject: Commercials
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 09/27/2000 11:12
AM ---------------------------
From: Margaret Allen@ENRON on 09/27/2000 08:24 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Commercials
So, what did you think?! Don't lie or stretch the truth either -- you won't
hurt my feelings, I promise.
By the way, by the time I arrived home it was completely dark so I went for a
three mile run this morning. Not fun, but I'm definitely awake right now!
BUT, it's all your fault I couldn't go last night....he!he!
Trade well, MSA
| ||
arnold-j/sent/169.
|
subject: Re: Stress Test
content: I'm not sure what is happening on my position. It may have to do with how
you shaped the forward vol and price curves at each level. My VAR is so
dependent on spread levels and vols that a small change in the Jan vols could
produce that effect.
The results certainly provide evidence of a need for higher VAR going into
the winter.
John
Enron North America Corp.
From: Frank Hayden @ ENRON 09/15/2000 06:32 PM
To: John J Lavorato/Corp/Enron@Enron, John Arnold/HOU/ECT@ECT
cc: Vladimir Gorny/HOU/ECT@ECT, Sunil Dalal/Corp/Enron@ENRON
Subject: Stress Test
The below file shows the results of the two stress test requested. Under the
$7 dollar stress, NYMEX curve was shifted to $7 dollars with all other price
curves proportionally shifted. Under the $9 dollar test, not only were the
price curves shifted, but volatilites were stressed as well with NYMEX
volatility going to 100% and all other vol locations being raised accordingly.
Key findings include:
$7 dollar stress only raised VaR by 79%
$9 dollar stress raised VaR by 134%
It is interesting to note that with the seven dollar stress, VaR on the
financial desk actually decreased. This would seem to imply that up to the
seven dollar strike, the financial desk is long gamma (which overall reduces
risk). But between the seven dollar and nine dollar strike, it appears that
the desk becomes short gamma, thereby acceralatering the amount of risk and
increasing VaR by 74%. Does this make sense or is something else happening?
Frank
---------------------- Forwarded by Frank Hayden/Corp/Enron on 09/15/2000
03:43 PM ---------------------------
From: Sunil Dalal 09/15/2000 02:54 PM
To: Vladimir Gorny/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron
cc:
Subject: Lavo/Arnold Stresses
Attached below are the $7 and $9 stresses that were run at the request of
Lavo ($7) and Arnold ($9). I ran the results against the AGG-IV portfolio.
| ||
arnold-j/sent/17.
|
subject: Re: microphone to houston
content: i think it is something we need to do. please set it up
Caroline Abramo@ENRON
11/14/2000 11:06 AM
To: John Arnold/HOU/ECT@ECT
cc: Per Sekse/NY/ECT@ECT
Subject: microphone to houston
John-
What do you think of getting a direct mic from New York to Houston as soon as
possible? We had one at my last employer from NY to London which worked
great. You can tun it on or off but it allows us to communicate without
getting on the darn phone - I am sure its a total annoyance to pick us up.
The steno is still a phone to me and its not recorded.
We could keep it between you and Mike.
We are getting a few more funds to trade now- some program guys among them
who will need quicker execution. I know you and Per have discussed the idea
of them calling you direct but I think, for now, the mic is a better answer.
I can sit down with you when I am down there to discuss and give you an
update of who we are planning to trade with.
Best Rgds,
Caroline
| ||
arnold-j/sent/170.
|
subject: Re: ??
content: Hey freak:
So we finally had LA type weather here for the past two days. Highs in the
mid-70's. Beautiful. Life's just cruising along. Nothing new. I put a bid
in for a condo in a new mid-rise building going up in West U that they
accepted. If all goes as expected I'll move in next X-Mas. So are you
adjusting to the big city. Got yourself a big Hollywood actor boyfriend yet?
John
| ||
arnold-j/sent/171.
|
subject: RE: Young John?
content: It's getting harder and harder to root, root, root for the home team.
Heather Robertson <[email protected]> on 09/25/2000 06:09:01 PM
To: [email protected]
cc:
Subject: RE: Young John?
I KNOW!!! I was even in San Francisco ...!! How humiliating...
Apparently, you were not cheering hard enough.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Monday, September 25, 2000 5:23 PM
To: [email protected]
Subject: RE: Young John?
What'd you do to my Cowboys?
Heather Robertson <[email protected]> on 09/01/2000 09:02:04 AM
To: [email protected]
cc:
Subject: RE: Young John?
Just read it...great article!
Have fun in Costa Rica... I hear it is amazing.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Thursday, August 31, 2000 4:10 PM
To: [email protected]
Subject: RE: Young John?
The Fortune article is about grassroots change within a company. It is
written about the lady who started EOL, but I'm in it a little. Chief of
natural gas derivatives...I'm not really sure what that means. I run the
Nymex book now but not the floor..just the derivatives desk of five people.
I'm actually going to Costa Rica tomorrow morn thru Monday. Never been
but heard it's beautiful. Next time you're in we'll go out.
J
Heather Robertson <[email protected]> on 08/31/2000 01:20:05 PM
To: [email protected]
cc:
Subject: RE: Young John?
What do you mean? I'm serious!
So what Fortune article? I only saw you in Time... Pretty freaky to see
someone you know like that! What the heck is a "chief" of natural gas
derivatives?! Skilling's old job?
Check out the Amazon (AMZN) chat on Yahoo... I was joking that all of my
friends were in the press lately (i.e. YOU, as well as all my HBS buddies),
so the guys on the trading floor thought this would be funny. The best
part
is that someone thought they were serious and started in on the
conversation!! I do investor relations for a hedge fund in Dallas, so
that's why they are talking about my IR/selling skills... but it's not
exactly your typical corporate IR position considering our investor base.
I'm going to be in your neck of the woods tomorrow. I'm visiting friends
in
Houston on Friday & Saturday, then going to my sister's house in Bay City
on
Sat. night. No firm plans, just getting out of Dallas. Are you going to
be
around?
I thought about you the night after I saw the article because I was in
Snuffers, drinking a strawberry daiquiri... =) do you remember why??
I
think about that every time I go there....
Take care and make money!
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Thursday, August 31, 2000 11:48 AM
To: [email protected]
Subject: Re: Young John?
Glad to see you're having so much fun with this. I've been here 5.5 years
with nothing and then in one week I'm in Fortune and Time. Pretty funny.
Things are going well here . The big E just chugging along, bringing the
stock price with it. Wish I could tell you everything new in my life, but
I think I just did.
Your long lost buddy,
John
Heather Robertson <[email protected]> on 08/31/2000 10:10:09 AM
To: [email protected]
cc:
Subject: Young John?
Is this "the 26-year-old chief of natural-gas derivatives"? If so, you
should write me back after you complete your "nine hours and $1 billion in
trades" today!! Does this mean I have to start calling you "Mr. John"?!
It was great to see you're doing so well....
Your long lost buddy,
Heather
Heather Lockhart Robertson
HBK Investments LP
Personal:
214.758.6161 Phone
214.758.1261 Fax
Investor Relations:
214.758.6108 Phone
214.758.1208 Fax
| ||
arnold-j/sent/172.
|
subject: Re:
content: Thanks. This is exactly what I wanted.
John
Enron North America Corp.
From: Sunil Dalal @ ENRON 09/20/2000 04:05 PM
To: John Arnold/HOU/ECT@ECT
cc: Frank Hayden/Corp/Enron@Enron
Subject: Re:
John, the matrix that was sent to you includes YTD P&L for all the traders in
the matrix. Trader P&L contribution to desk P&L, however, was not backed out
on that particular matrix. That matrix effectively shows one trader's
correlation to all others. What is does not show is one trader's P&L to the
desk P&L. I have included a spreadsheet with each trader's P&L backed out of
AGG-GAS P&L to demonstrate their relationship. Please call Frank or myself
if you have questions. Thanks.
From: Frank Hayden 09/19/2000 06:42 PM
To: Sunil Dalal/Corp/Enron@ENRON
cc:
Subject: Re:
questions and answers?
---------------------- Forwarded by Frank Hayden/Corp/Enron on 09/19/2000
06:42 PM ---------------------------
John Arnold@ECT
09/19/2000 05:33 PM
To: Frank Hayden/Corp/Enron@ENRON
cc:
Subject: Re:
Thx for the spreadsheet. 2 questions : What time frame does this entail and
does the correlation between the trader and AGG GAS include that trader's
contribution to the floor's P&L. In other words, is my P&L correlated with
the floor or is it correlated to the rest of the floor absent me?
Enron North America Corp.
From: Frank Hayden @ ENRON 09/19/2000 02:41 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject:
| ||
arnold-j/sent/173.
|
subject:
content: Ben:
Jeff Shankman gave me your name. I have assumed Jeff's old responsibilities
as head of the natural gas derivatives trading group. Our broker, EDF MAN,
supplies us with $50 million of margin financing every night. They are
trying to clean up their books for end of quarter and/or year on Sep 30.
They have asked if we can post the $50 million overnight on the 30th. We did
this last year as well. Please advise,
John
| ||
arnold-j/sent/174.
|
subject: Re: natural update
content: Mark:
You've called it right thus far.
Let's plan to get a drink after work on the 19th.
Thanks,
John
"Mark Sagel" <[email protected]> on 09/26/2000 10:23:06 AM
To: "John Arnold" <[email protected]>
cc:
Subject: natural update
John:
?
I wish I had a lot to pass along, but not much has changed on my work.? All
the analysis is still very bullish and expecting higher levels.? I am
receiving hourly "9" type strength patterns, which means the up move must
consistently continue from here.? Any drop under today's lows is a negative
for natural.? On my daily work, natural will see a new type of strength
pattern today.? It is not a "9" type topping pattern, but one that normally
comes out along the way as price moves higher.? This would suggest a
potential short-term high over the next 2-3 days, but nothing of major
importance.
?
I have tentative plans to be in Houston on Thursday, October 19.? Are you
interested in meeting so that I may show in much greater detail what the
work is doing and how it can enhance your activity?? Let me know if that day
works for you.? Thanks,
?
Mark Sagel
Psytech Analytics
(410)308-0245
[email protected]
?
| ||
arnold-j/sent/175.
|
subject: Re:
content: I'm sorry but I have plans for Thursday already. Maybe next time.
John
[email protected] on 09/26/2000 01:45:42 PM
To: "John Arnold" <[email protected]>
cc:
Subject:
John,
I have tentative plans to be in Houston on Thursday. If, as we
discussed yesterday, you have time to get out after work, I'd like to
get together. Please let me know if this works for you and I'll confirm
my plans to be there.
Thanks,
Jim Naughton
| ||
arnold-j/sent/176.
|
subject: Re: Screen shots
content: Hi:
The big money making floor? I don't think I like that. Too much
pressure...what happens if we screw up?
I went to the website and clicked on the link but all I got was a mess of
characteres and symbols. Any ideas how I fix it?
John
From: Margaret Allen@ENRON on 09/26/2000 03:30 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: Screen shots
Hey John,
Did you check out the new spots?!!! They are posted on the Intranet
(home.enron.com). Let me know what you think! Hope all is well down there
on the 'big money making' floor.
Have a good one, Margaret
| ||
arnold-j/sent/177.
|
subject: Mario De La Ossa
content: can you please add this
---------------------- Forwarded by John Arnold/HOU/ECT on 09/26/2000 11:03
AM ---------------------------
Enron North America Corp.
From: Molly Magee 09/25/2000 06:28 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Mario De La Ossa
John: John Nowlan, Dave Botchlett, Jim Goughray and several others met with
Mario last week. They were all favorably impressed. Jeff Shankman had
asked to meet with him, and their appointment is scheduled for Thursday,
9/28, at 1:30 pm. Jeff had also asked that you spend some time with him so
that a decision could be made as to whether or not to make him an offer.
Would you have some time available on Thursday afternoon to see Mario?
Thanks,
Molly
x34804
| ||
arnold-j/sent/178.
|
subject: RE: Young John?
content: What'd you do to my Cowboys?
Heather Robertson <[email protected]> on 09/01/2000 09:02:04 AM
To: [email protected]
cc:
Subject: RE: Young John?
Just read it...great article!
Have fun in Costa Rica... I hear it is amazing.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Thursday, August 31, 2000 4:10 PM
To: [email protected]
Subject: RE: Young John?
The Fortune article is about grassroots change within a company. It is
written about the lady who started EOL, but I'm in it a little. Chief of
natural gas derivatives...I'm not really sure what that means. I run the
Nymex book now but not the floor..just the derivatives desk of five people.
I'm actually going to Costa Rica tomorrow morn thru Monday. Never been
but heard it's beautiful. Next time you're in we'll go out.
J
Heather Robertson <[email protected]> on 08/31/2000 01:20:05 PM
To: [email protected]
cc:
Subject: RE: Young John?
What do you mean? I'm serious!
So what Fortune article? I only saw you in Time... Pretty freaky to see
someone you know like that! What the heck is a "chief" of natural gas
derivatives?! Skilling's old job?
Check out the Amazon (AMZN) chat on Yahoo... I was joking that all of my
friends were in the press lately (i.e. YOU, as well as all my HBS buddies),
so the guys on the trading floor thought this would be funny. The best
part
is that someone thought they were serious and started in on the
conversation!! I do investor relations for a hedge fund in Dallas, so
that's why they are talking about my IR/selling skills... but it's not
exactly your typical corporate IR position considering our investor base.
I'm going to be in your neck of the woods tomorrow. I'm visiting friends
in
Houston on Friday & Saturday, then going to my sister's house in Bay City
on
Sat. night. No firm plans, just getting out of Dallas. Are you going to
be
around?
I thought about you the night after I saw the article because I was in
Snuffers, drinking a strawberry daiquiri... =) do you remember why??
I
think about that every time I go there....
Take care and make money!
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Thursday, August 31, 2000 11:48 AM
To: [email protected]
Subject: Re: Young John?
Glad to see you're having so much fun with this. I've been here 5.5 years
with nothing and then in one week I'm in Fortune and Time. Pretty funny.
Things are going well here . The big E just chugging along, bringing the
stock price with it. Wish I could tell you everything new in my life, but
I think I just did.
Your long lost buddy,
John
Heather Robertson <[email protected]> on 08/31/2000 10:10:09 AM
To: [email protected]
cc:
Subject: Young John?
Is this "the 26-year-old chief of natural-gas derivatives"? If so, you
should write me back after you complete your "nine hours and $1 billion in
trades" today!! Does this mean I have to start calling you "Mr. John"?!
It was great to see you're doing so well....
Your long lost buddy,
Heather
Heather Lockhart Robertson
HBK Investments LP
Personal:
214.758.6161 Phone
214.758.1261 Fax
Investor Relations:
214.758.6108 Phone
214.758.1208 Fax
| ||
arnold-j/sent/179.
|
subject:
content: Eric:
I passed the customer on to Jennifer Fraser and Fred Lagrasta. Please
coordinate with them.
Thanks,
John
| ||
arnold-j/sent/18.
|
subject: re:summer inverses
content: seems crazy. if you're willing to ride it for a few cents against you it's a
great trade. who knows where they're going in th eshort term though
[email protected] on 12/01/2000 09:57:30 AM
To: [email protected]
cc:
Subject: re:summer inverses
johnnny-you think these inverses ready to get sold yet? to me its all a timing
issue but aug/oct at 4-5 cts seems rich rich for injection season. only issue
is
when to go?
| ||
arnold-j/sent/180.
|
subject: Re: sept 29th
content: Steve:
Sorry for the delay. I was actually out of the office Thursday and
Friday...some Enron management training seminar bs. Count me as a probably
for dinner on Friday. I know JP well.
Darcy Carrol's number is 713-646-4930.
See you this wknd
John
[email protected] on 09/21/2000 12:19:40 PM
To: [email protected]
cc: [email protected]
Subject: Re: sept 29th
silverman cant even get an email address rite. trying this again
Steve LaFontaine
09/21/2000 11:19 AM
To: [email protected], Steve LaFontaine/GlobalCo@GlobalCo
cc:
Fax to:
Subject: sept 29th
hi johnny, still waiting for you to return my call. know your tied up these
days
with the online stuff. shudda been in today cuz the site just went down.
anyway
two things:
im coming in for the vitol party the 28th and going to go oout to dinner
friday
the 29th with john paul of cms and a cupla of other trader/friends. if you
dont
have plans would be great to have you join. let me know if youre interested.
also, i have a good friend ex cargill that joined enron. he's in i think your
brazil office-biz development. was wondering if you cud help me get either his
phone number or an email address or both. would appreciate it.
things going well for me in the new digs-making good money and enjoying
boston.
still pretty active in natgas. when i let you outta those feb/mar a month or
so
ago i told mark silverman that there were only two people i wud let out of a
trade. thats the truth. hope all is well and hope to talk to you soon.also
781-398-4332, cell 617-320-4332
| ||
arnold-j/sent/181.
|
subject: FW: The today show!!!!!
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 09/25/2000 04:50
PM ---------------------------
"Zerilli, Frank" <[email protected]> on 09/21/2000 02:46:05 PM
To: "Christine Zerilli (E-mail)" <[email protected]>, "David
D'alessandro (E-mail)" <[email protected]>, "Eric Carlstrom
(E-mail)" <[email protected]>, "Eric Carlstrom (E-mail 2)"
<[email protected]>, "Jason D'alessandro (E-mail)" <[email protected]>,
"Jeannine & Rob Votruba (E-mail)" <[email protected]>, "josh Faber
(E-mail)" <[email protected]>, "Karen Brennan (E-mail)"
<[email protected]>, "Lew G. Williams (E-mail)" <[email protected]>,
"Lew G. Williams (E-mail 2)" <[email protected]>, "Mark Creem (E-mail)"
<[email protected]>, "Mom & Dad Zerilli (E-mail)" <[email protected]>, "Pat
Creem (E-mail)" <[email protected]>, "Robert Votruba (E-mail)"
<[email protected]>, "Sean Jacobs (E-mail)" <[email protected]>,
"Sharon C. Zerilli (E-mail)" <[email protected]>, "Stacey & Dave Hoey
(E-mail)" <[email protected]>, "'[email protected]'" <[email protected]>
cc:
Subject: FW: The today show!!!!!
You should be able to view this with Windows Media Player. Keep your
eyes
peeled.
Chris
> use care
>
> Uncut version of today show
>
>
> <<flash4.asf>>
- flash4.asf
| ||
arnold-j/sent/182.
|
subject: Re: Desk Dinner
content: see you there
Enron North America Corp.
From: Kori Loibl 09/25/2000 03:19 PM
To: John Arnold/HOU/ECT@ECT, Mike Maggi/Corp/Enron@Enron, Brian Hoskins/Enron
Communications@Enron Communications, Dutch Quigley/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Sherry Dawson/NA/Enron@Enron, Laura
Vargas/Corp/Enron@ENRON
cc:
Subject: Desk Dinner
I have made reservations for 8:00 Wednesday evening at Fogo de Chao. For
those of us who haven't been there, the address is 8250 Westheimer, between
Hillcroft and Fondren on the north side of the road.
If you are not able to attend, please let me know.
K.
| ||
arnold-j/sent/183.
|
subject: Re: Electricity and Natural Gas hedging
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 09/25/2000 02:18
PM ---------------------------
To: John Arnold/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT
cc: Chris H Foster/HOU/ECT@ECT, Greg Wolfe/HOU/ECT@ECT
Subject: Re: Electricity and Natural Gas hedging
I suggest that we initially cover this person out of the Portland office.
One of our middle marketers can easily get up to meet with this guy.
Depending on the magnitude and complexity o their power and gas needs are we
will then pull in the appropriate people. Phillip and John, let me know if
this works for you.
Eric Thode@ENRON
09/22/2000 07:28 AM
To: John Arnold/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT
cc:
Subject: Electricity and Natural Gas hedging
John and Tim --
I believe this one is for both of you. Thanks.
Eric
---------------------- Forwarded by Eric Thode/Corp/Enron on 09/22/2000 09:29
AM ---------------------------
[email protected] on 09/21/2000 11:31:32 AM
To: [email protected]
cc:
Subject: Electricity hedging
---------------------- Forwarded by Lisa M Feener/ENRON_DEVELOPMENT on
09/21/2000 11:30 AM ---------------------------
"Holbrook, Doug" <[email protected]> on 09/21/2000 10:26:32 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: Electricity hedging
I work for the Airport Authority for Seattle-Tacoma International Airport
in
Seattle, Washington and I am responsible for Managing the Utilities. We are
interested in hedging our Electricity and Natural Gas supplies. Can I get
some information on Enron's services in this area?
Douglas C. Holbrook
Manager, Business & Utilities Management
Port of Seattle
Seattle-Tacoma International Airport
PO Box 68727
Seattle, WA. 98168
Phone: 206-433-4600
Fax: 206-988-5515
[email protected]
| ||
arnold-j/sent/184.
|
subject: Electricity and Natural Gas hedging
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 09/25/2000 07:23
AM ---------------------------
Eric Thode@ENRON
09/22/2000 09:28 AM
To: John Arnold/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT
cc:
Subject: Electricity and Natural Gas hedging
John and Tim --
I believe this one is for both of you. Thanks.
Eric
---------------------- Forwarded by Eric Thode/Corp/Enron on 09/22/2000 09:29
AM ---------------------------
[email protected] on 09/21/2000 11:31:32 AM
To: [email protected]
cc:
Subject: Electricity hedging
---------------------- Forwarded by Lisa M Feener/ENRON_DEVELOPMENT on
09/21/2000 11:30 AM ---------------------------
"Holbrook, Doug" <[email protected]> on 09/21/2000 10:26:32 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: Electricity hedging
I work for the Airport Authority for Seattle-Tacoma International Airport
in
Seattle, Washington and I am responsible for Managing the Utilities. We are
interested in hedging our Electricity and Natural Gas supplies. Can I get
some information on Enron's services in this area?
Douglas C. Holbrook
Manager, Business & Utilities Management
Port of Seattle
Seattle-Tacoma International Airport
PO Box 68727
Seattle, WA. 98168
Phone: 206-433-4600
Fax: 206-988-5515
[email protected]
| ||
arnold-j/sent/185.
|
subject:
content: COO's:
Do either of you have an objection to using Cantor as an OTC broker?
| ||
arnold-j/sent/186.
|
subject: We need your feedback regarding the demonstrations you attended.
content: You're not done yet big boy.
---------------------- Forwarded by John Arnold/HOU/ECT on 09/19/2000 05:34
PM ---------------------------
Julie Pechersky
09/19/2000 02:31 PM
To: John Arnold/HOU/ECT@ECT, Brian Hoskins/HOU/ECT@ECT, John L
Nowlan/HOU/ECT@ECT, Douglas S Friedman/HOU/ECT@ECT, David J
Vitrella/HOU/ECT@ECT, Selena Gonzalez/HOU/ECT@ECT, Madhur Dayal/HOU/ECT@ECT,
Reza Rezaeian/Corp/Enron@ENRON, Rogers Herndon/HOU/ECT@ect, Anna
Santucci/NA/Enron@Enron, David J Botchlett/HOU/ECT@ECT
cc:
Subject: We need your feedback regarding the demonstrations you attended.
We really appreciate your attendance of the demonstrations of Reuters, Bridge
and Globalview software. Please take a minute
to fill out the attached feedback form so that we will know what you thought
of each application. Return the completed form to me.
Thanks again for you time!
Julie
39225
| ||
arnold-j/sent/187.
|
subject: Re:
content: Thx for the spreadsheet. 2 questions : What time frame does this entail and
does the correlation between the trader and AGG GAS include that trader's
contribution to the floor's P&L. In other words, is my P&L correlated with
the floor or is it correlated to the rest of the floor absent me?
Enron North America Corp.
From: Frank Hayden @ ENRON 09/19/2000 02:41 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject:
| ||
arnold-j/sent/188.
|
subject:
content: Jeff:
Man is looking for money again to hold them over for yearend. Who do I need
to talk to?
john
| ||
arnold-j/sent/189.
|
subject: Re: Margin Lines project
content: I'm in all day mtgs on Thursday and Friday. I'm free Wednesday afternoon
Sarah Wesner@ENRON
09/18/2000 08:31 AM
To: John Arnold/HOU/ECT@ECT
cc: Joseph Deffner/HOU/ECT@ECT
Subject: Re: Margin Lines project
Let's do this on Tuesday at 4:00 at EB 2868.
John Arnold@ECT
09/15/2000 07:16 AM
To: Sarah Wesner/Corp/Enron@ENRON
cc:
Subject: Re: Margin Lines project
yep...i'm always here
Sarah Wesner@ENRON
09/14/2000 10:37 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Margin Lines project
John - I will be out of the office on 9/15 and also from 9/21-9/30. Are you
available during 9/18-9/20 as I want to go through the information before
October. Let's arrange something early next week.
Sarah
| ||
arnold-j/sent/19.
|
subject: Re: mar/apr
content: don't know. think a little bit of everyone as the storage guys own it all.
[email protected] on 12/05/2000 09:37:01 AM
To: [email protected]
cc:
Subject: mar/apr
im so sick for getting out of that-john who 's getting squeezed on the mar?
hope
its not you. pretty sure it isnt so safe to ask you?
| ||
arnold-j/sent/190.
|
subject:
content: Greg:
The guy from MG whom I spoke to about clearing was Alfred Pennisi, VP of
Operations. He's out of NY. He indicated his clearing costs were $3.10
versus the $4.50-5.00 I'm paying now.
| ||
arnold-j/sent/191.
|
subject:
content: Dave:
A couple things about the limit orders:
1: When a customer opens up the limit order box, I think the time open
should default to 12 hours. We want the orders open as long as possible.
Now, it is more work to keep the order open for 12 hours than for 1 hour.
Traditionally, limit orders are a day order, good for the entire trading
session unless specified otherwise.
2. Today Pete had 13,000/ day on his bid because he was hit for small size.
When I tried to place a limit order, the quantity had to be in 5,000
increments of 13,000 (i.e. 3000, 8000, 18000...). I could not overwrite the
quantity to be 15,000.
3. Everytime a limit order is placed, an error message occurs on the system
saying error trade, price not available.
4. Is there a way to modify a limit order, such as changing the price,
without canceling it and resubmitting a new one? If not, this would be a
valuable feature.
Thx,
John
| ||
arnold-j/sent/192.
|
subject: Re: Don't Forget
content: Please remove me from your mailing list
"Jason Nathan" <[email protected]> on 09/15/2000 09:47:12 AM
To:
cc:
Subject: Don't Forget
Tuesday, September 19, 2000
NACORE Houston Chapter Luncheon Meeting
An excellent opportunity to learn
and network with your corporate real estate peers.
Topic: THE DOWNTOWN ARENA
Place: The Houston City Club
Nine Greenway Plaza
1 City Club Drive, Houston, TX
Cost: $25.00 (includes buffet luncheon)
RSVP using the attached form
or call Tammy Mullins at 713-739-7373 x 115
- Notice91300.doc
| ||
arnold-j/sent/193.
|
subject:
content: I spoke to Alfred Pennisi from MG today. MG clears their own trades and
maybe some for other customers. He indicated that his cost for clearing is
$3.05 round turn. If this is accurate, we need to evaluate whether clearing
ourselves and issuing cp every night is less expensive than paying a higher
clearing rate and getting access to financing. This is a question I hope
your analysis of the true cost of clearing will answer.
Also, fyi, over the past two days I have done two 6,000 lot EFP's with El
Paso under the same structure I explained to you previously whereby long
futures are transferred from his account to mine to lower initial margin
costs.
| ||
arnold-j/sent/194.
|
subject:
content: if you have a minute sometime today, please stop by.
john
| ||
arnold-j/sent/195.
|
subject: Re: Margin Lines project
content: yep...i'm always here
Sarah Wesner@ENRON
09/14/2000 10:37 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Margin Lines project
John - I will be out of the office on 9/15 and also from 9/21-9/30. Are you
available during 9/18-9/20 as I want to go through the information before
October. Let's arrange something early next week.
Sarah
| ||
arnold-j/sent/196.
|
subject: Re: ??
content: I'm actually trying to go through all my email from the week. What a pain in
the ass. As soon as I finish one, another appears in my inbox. So how's
life at ucla?
Eleanor Fraser <[email protected]> on 09/14/2000 06:07:11 PM
To: [email protected]
cc:
Subject: Re: ??
I think Yelena put a hit out on me all the way from Chicago
for sending those pictures! I had no idea they would open
right away--they were supposed to be attachments. Oops. I
thought they were quite cute.
How are ya? And what are you doing at work--I thought you
gas guys all left at 3!
:-) elf
On Thu, 14 Sep 2000 [email protected] wrote:
>
> why would i be???
>
>
>
>
> Eleanor Fraser <[email protected]> on 09/14/2000 06:02:57 PM
>
> To: [email protected]
> cc:
> Subject: ??
>
>
> So--are you really pissed at me?
>
> :-) eleanor
>
>
>
>
>
>
| ||
arnold-j/sent/197.
|
subject: Re: .exe file - infomercial
content: Agree completely. In that context, it looks good.
Louise Kitchen
09/14/2000 06:20 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: .exe file - infomercial
It was something for the web-site but we are thinking its a bit arrogant for
our counterparts so probably just use it internally or trade shows.
John Arnold
14/09/2000 16:24
To: Louise Kitchen/HOU/ECT@ECT
cc:
Subject: Re: .exe file - infomercial
Who's the target audience and how is it being distributed?
Louise Kitchen
09/14/2000 11:50 AM
To: Hunter S Shively/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, John
Arnold/HOU/ECT@ECT
cc: Andy Zipper/Corp/Enron@Enron, [email protected]
Subject: .exe file - infomercial
Just wondering what you think of this?
| ||
arnold-j/sent/198.
|
subject: Re: follow up request
content: From: Gary Taylor 09/14/2000 06:12 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: follow up request
John,
I know this gets nit-picky - but we're about to close.
regards,
Gary
x31511
| ||
arnold-j/sent/199.
|
subject: Re: Volunteer Tutor Program
content: Hello:
I will not be able to attend the meeting but do have interest in being a
tutor in any math subjects. Please advise,
John
"Crumbling, Sharon" <[email protected]> on 09/14/2000 03:44:35 PM
To: "'[email protected]'" <[email protected]>
cc: "'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>, "'[email protected]'"
<[email protected]>, "'[email protected]'"
<[email protected]>, "'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>, "Power, Shelly"
<[email protected]>
Subject: Volunteer Tutor Program
Dear all interested volunteer tutors,
There will be an informational meeting on Tuesday September 19th at
5:30pm. This will be a brief meeting to discuss the tutor program and to
match tutors with students in subject areas. The meeting will be here at
the Houston Ballet Academy in the large conference room.
So far we have students who will need tutors in the subjects of:
art, sociology, spanish, geometry, english, earth science, history
(government and world history), women's literature, and algebra II.
Please let me know if you will be able to attend the meeting, as well as
what subject area that you would like to tutor in. If you will not be
able to attend the meeting, but are still interested in being a tutor
please let me know as soon as possible.
The Houston Ballet is located at 1921 W. Bell. The Houston Ballet
Academy faces W. Grey and is inbetween Waugh and Shepherd (next to
Kroger). If you need specific directions please call 713.523.6300. You
may reach me at 713.535.3205 or email me at:
[email protected] If you have any questions please do not
hesitate to contact me.
Thank you for your interest and I look forward to meeting you.
Sharon Crumbling
Student Counselor
Houston Ballet Academy
| ||
arnold-j/sent/2.
|
subject: Re:
content: David:
Do you have a simulation set up that will allow me to simulate trades by
pushing a buy or sell button and will move the two way so i can try
simulating actual market cicumstances?
From: David Forster/ENRON@enronXgate on 05/08/2001 09:55 AM
To: John Arnold/HOU/ECT@ECT
cc: Savita Puthigai/ENRON@enronXgate
Subject:
John,
You might recall we spoke a few weeks ago about a system with more
intelligence for out-of-hours trading than just leaving the products on Last
Trade is Mid.
Attached is a suggestion for how such a system might work. It builds on
Offset to Last Trade functionality.
The simplified description is: It tracks two variables: Intensity(Speed) and
Bias (Buy or Sell emphasis). As Intensity increases, the Spread increases.
As Bias increases, the Offset increases.
I'll call later to see what you think of the idea.
Dave
Program Criteria
The formula which defines the trading decision-making program will need to
work with several criteria/inputs/definitions. These might be:
Intensity (Speed) - The average time between transaction attempts, regardless
of whether they are buys or sells. Measured as a moving average over the last
[Intensity Factor] transactions by comparing the timestamp of the transaction
Tibco messages for the Product.
Obviously, the lower the Intensity calculation, the higher the transaction
flow. Therefore a high Intensity number indicates low transaction flow.
Intensity Factor - The number of transactions to be included in the moving
average Intensity calculation. A possible value for this might be [4].
#Buys - The number of Buys which have occurred.
#Sells - The number of Sells which have occured.
Transaction Count - Could be either #Buys or #Sells (whichever last occured).}
Buy Offset - The Offset value which will be applied if a Buy occurs.
Sell Offset - The Offset value which will be applied if a Sell occurs.
Offset Reversion Ratio (ORR)- The amount by which the Buy Offset should be
reduced if a Sell occurs (or amount Sell Offset should be reduced if a Buy
occurs). A possible value for this might be [0.3]. If the application of the
ORR results in a reduction of less than 1, then the reduction shall be 1.
Transaction Reversion Ratio (TRR)- The amount by which #Buys should be
reduced if a Sell occurs (or amount #Sells should be reduced if a Buy
occurs). A possible value for this might be [0.3]. If the application of the
TRR results in a reduction of less than 1, then the reduction shall be equal
to 1.
Spread Minimum - The minimum Spread value allowed. A possible value for this
might be [0.04]
Spread Maximum - The maximum Spread value allowed. A possible value for this
might be [0.50]
Offset Minimum - The minimum Offset allowed for both Buys and Sells. A
possible value for this might be [0].
Offset Maximum -The maximum offset allowed for both Buys and Sells. A
possible value for this might be [0.50]
Initial Offset - The Buy and Sell Offset used when the program is started
Initial Spread - The Spread used when the program is started
Spread-Offset Minimum - The minimum amount by which Spread must exceed
Offset. Prevents a possible arbitrage opportunity for the customer. A
possible value for this might be [0.01]
Dead Interval - The period of time which must pass before the program will
recalculate the above Criteria, if no transactions have taken place during
the Dead Interval. A possible value for this might be [240] seconds.
Program Outputs
The program should output the following variables as a result of combining
the above Criteria in a user-defined Formula:
Spread (integer) - as per current Stack Manager
Offset (integer) - as per current Stack Manager
Suspension (boolean) - Whether or not the Product should be suspended.
Normally "False"
Program Interface and Operation Principles
The user should be provided with a GUI which will allow them to define a
relationship among the above Criteria, which will produce and apply the
Outputs to a particular Product. This relationship would be defined with
Intensity Formulas and Transaction Formulas.
Every time a Transaction occurs, or a Dead Interval passes, the Criteria will
be recalculated and the user-defined formulas will be reviewed by the
program. If a Dead Interval passes without any transactions taking place,
then Intensity = Intensity +240 and #Buys=#Buys-TRR and #Sells=#Sells-TRR and
Buy Offset = Buy Offset- ORR and Sell Offset = Sell Offset - ORR.
If the user-defined Formulas (see following) indicate that a change in spread
should occur, then if the Offset is zero (in the case of a trade occurring)
or if no trade has occured (during the passing of a Dead Interval), the
system shall perform a Last Trade is Mid calculation around the last
transaction, adjusting the buy and sell prices according to the new Spread
value.
Any adjustment to the Spread shall respect the Spread-Offset Minimum. If a
reduction in the Spread should violate the Spread-Offset Minimum, then the
Buy Offset (or Sell Offset, or both as appropriate) shall be reduced
accordingly. Similarly, if the Offset is increased by a Transaction Formula
to a level greater than the Spread, the Spread shall be increased to maintain
the Spread-Offset Minimum.
GUI/Formulas Example:
Constants
Intensity Factor: [4]
Dead Interval: [240]
Offset Reversion Ratio (ORR): [0.3]
Transaction Reversion Ratio (TRR): [0.3]
Spread Minimum [0.04]
Spread Maximum [0.50]
Offset Minimum [0]
Offset Maximum [0.49]
Spread-Offset Minimum [0.01]
INPUTS OUTPUTS
Intensity Formula
Formula # Intensity Spread Offset Suspension
S1 >220 -0.01 n/a F
S2 <30 +0.01 n/a F
S3 <10 +0.02 n/a F
Transaction Formula
Formula # # Transactions Spread Offset Suspension
V1 <4 n/a -0.01 F
V2 >3 n/a +0.01 F
V3 >5 +0.01 +0.02 F
V4 >10 +0.02 +0.04 F
V5 >15 +0.04 +0.15 F
V6 >20 n/a n/a T
Note that #Transactions would be #Buys or #Sells, as appropriate. Note also
that #Buys and #Sells are not intended to be an absolute count, but rather
are a moving measure of the number of buys or sells which have recently
occured.
In this example, all Constants and Formulae are editable by the user through
the GUI.
Simulation
Obviously, if we want to proceed, we will want to conduct several simulations
to prove concepts and evaluate responsiveness. However, to give some idea of
how the above might work when a market starts to run in a particular
direction, please see the attached:
Additional Features
System Notifications
There should be two kinds of notifications for the Robotrader, which will be
similar to Stack Manager Garbage Checks: Warning and Failure levels for both
Offset and Price. The warning levels will trigger a pager message. The
Failure levels will trigger a pager message and the product will be
automatically suspended. The Price checks will be against prices input by the
trader (not relative price movements, but actual price). There should be both
maximum and minimum price checks (e.g. gas is trading at $5.50. The
notification levels could be $8 at the top end and $2 at the bottom end).
Offset checks will only be against a maximum value.
Dave
| ||
arnold-j/sent/20.
|
subject: Re: For What It's Worth.
content: Jim:
Your words of encouragement are greatly appreciated. I've certainly had some
troubles this quarter. I do appreciate your offer but I don't want to take
away from the amazing year you've had so far. Maybe you should come trade
this...
John
Jim Schwieger
12/06/2000 05:42 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: For What It's Worth.
Through the year's (Sounds like Im really old) I have learned that the really
great Individuals come down on themselves for circumstances beyond their
control when in fact their performance is far beyond what anyone else could
have done. I believe you are one of those individuals. I appreciate what
you have done with EOL and the burden you have had to take on. This
especially hits home when I see what has happened to you P/L the last 3
months. You are expected to carry the world without having any NYMEX
liquidity to cover your risk. I would like to offer to transfer $30 million
out of the Storage Book to the Price Book. Without you and EOL I could never
have done what I've done.
Thanks,
Jim Schwieger
| ||
arnold-j/sent/200.
|
subject: Re: Vanderbilt Presentation and Golf Tournament
content: I would like to participate in the Enron presentation at Vandy.
John
Kristin Gandy@ENRON
09/11/2000 09:30 AM
To: Mark Koenig/Corp/Enron@ENRON, Kevin Garland/Enron Communications@Enron
Communications, Jonathan Davis/HOU/ECT@ECT, Jian
Miao/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ed Wood/HOU/ECT@ECT, Jun Wang/Enron
Communications@Enron Communications, Miguel Vasquez/HOU/ECT@ECT, Lee
Jackson/HOU/ECT@ECT, Amber Hamby/Corp/Enron@Enron, Jay Hawthorn/Enron
Communications@Enron Communications, Joe Gordon/Corp/Enron@Enron, Susan
Edison/Enron Communications@Enron Communications, Vikas
Dwivedi/NA/Enron@Enron, Mark Courtney/HOU/ECT@ECT, Monica Rodriguez/Enron
Communications@enron communications
cc: Seung-Taek Oh/NA/Enron@ENRON, John Arnold/HOU/ECT@ECT, Andy
Zipper/Corp/Enron@Enron, George McClellan/HOU/ECT@ECT, David
Oxley/HOU/ECT@ECT
Subject: Vanderbilt Presentation and Golf Tournament
Hello Vandy Recruiting Team,
Well it is almost time for the corporate presentation on campus (September
26th at 5:30pm) and the MBA golf tournament (September 30th at 12pm). I need
to know as soon as possible the members who are available to participate in
either of these events. We only need two participants for the golf
tournament but we will need at least 6 to 8 members for the presentation.
Reserve your spot now before its too late!
Thank you and if you have any questions feel free to contact me at x 53214.
Kristin Gandy
Associate Recruiter
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.