Enron Mail

From:cassandra.schultz@enron.com
To:sally.beck@enron.com
Subject:Head Trader Authorization
Cc:
Bcc:
Date:Tue, 14 Nov 2000 05:17:00 -0800 (PST)

Sally -

FYI. Having never worked with Whalley before, I may never hear back from
him. We'd like to obtain documentation signed by Skilling/Buy authorizing
the top traders for specific commodity groups (Lavorato/Sherriff/Shankman),
then we'll get those top traders to designate head traders, and so on down
the line. If you have any insight as to the commodity group assignments
listed below, please let me know. And since you probably see Whalley often,
perhaps you could mention it. I think Shona's group wants to reclassify the
DPR accordingly, but they're not certain on some of these either.

Thank you,
Cassandra.


---------------------- Forwarded by Cassandra Schultz/NA/Enron on 11/14/2000
01:04 PM ---------------------------



From: Cassandra Schultz
11/13/2000 07:18 PM





To: Greg Whalley/HOU/ECT@ECT
cc:

Subject: Head Trader Authorization

Greg -

We haven't met yet - I joined Market Risk Management working for Ted Murphy
about a month ago, focusing on the Risk Management Policy. One item I'm
working on is documentation of the Head Traders and Authorized Traders. It
seems after the organizational anouncement last week that you are the top
management and focal point for all of the trading activities in Enron
Wholesale Services. As such, would you please review the draft memo below
(also attached) and confirm whether this appropriately documents your wishes
as far as designation of Head Traders for each commodity group authorized in
the policy? We'd like to get Skilling/Buy to sign this top level of trading
authority delegation. Then I'll obtain from each of the Head Traders their
respective lists of Authorized Traders to whom they've further delegated
trading authority. This will support Rick Buy's goal that RAC maintain a
list of authorized traders, with the appropriate documentation of that
authorization.

Please don't read anything into the assignments themselves if I got them
wrong - we made an educated guess with all the recent reorganizations. For
example - who is the Head Trader for Southern Cone Gas and Power - is it
really Kishkill? And as McMahon and Bowen aren't traders, do trading
activities for Pulp & Paper, Lumber and Steel fall to Sherriff or someone
else?

If you prefer me to obtain Head Trader names for each commodity group from
Lavorato/Sherriff/Shankman, I can do so, but please confirm I have the
commodity group responsibilities correct among the 3 of them.

Thank you,

Cassandra Schultz
VP-Market Risk Management, RAC

Trading Responsibility Commodity Group Head Trader

Enron Americas
John Lavorato North American Natural Gas John Lavorato
North American Electricity Kevin Presto/Tim Belden
Cross-commodity trading John Lavorato
Southern Cone Natural Gas Joe Kishkill
Southern Cone Electricity Joe Kishkill
Southern Cone Crude Joe Kishkill
Colombia Electricity Pedro Fernando Manrique


Enron Europe(and Industrial Markets?)
John Sherriff European Natural Gas Richard Lewis/Joe Gold
UK Electricity Richard Lewis
Nordic Electricity Thor Lien
Continental Electricity Joe Gold
Australian Electricity Paul Quilkey
Japanese Electricity Joe Hirl
Enron Credit Bryan Seyfried
Debt Trading Jeff Kinneman
Metals & Minerals Michael Hutchinson/Michael Farmer
Pulp & Paper Bob Crane
Lumber Bob Crane
Steel Greg Hermans

Global Markets
Jeff Shankman Global Products John Nowlan
Coal & Freight George McClellan
Emissions George McClellan
Weather Mark Tawney
Interest Rate, Foreign Currency Gary Hickerson
Equity Trading Gary Hickerson
Agriculture Gary Hickerson
Livestock Gary Hickerson
Soft Commodities Gary Hickerson