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Enron Mail |
David,
A clarification... On Ergon, Macxquarie Generation, Snowy and Citipower. You say that they should only trade Australian power and weather. How about all the other products, US, UK, Canadian physical and financial? I am taking it literally and not opening them up for ANY of the other products but those. Is that a correct interpretation? David Minns@ENRON_DEVELOPMENT 07/25/2000 06:01 PM To: Tana Jones/HOU/ECT@ECT cc: Justin Timothy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Alan Aronowitz@ECT Subject: Re: RUSH APPROVAL-Australia + Japan Weather Tana, thanks for expediting this Tana. The list for Australian weather is fine. As I mentioned I will be following up with credit on the collateral requirementsfor some counterparties. On Japanese weather I would suggest we do not load up the following Ergon, Macquarie Generation and Snowy . These are government power utilities and their ability to trade in products not linked to their business is limited. Hence they should be only trading Australian power and weather. Also I would ask that Citipower be restricted to Australian power and weather. They are a Trust and the Trust Deed grants the trustee the power to trade devivatives to hedge its Australian power operations. I would like to check this one out further. From: Tana Jones@ECT on 25-07-2000 09:53 CDT To: Alan Aronowitz/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, David Portz/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marie Heard/Enron Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron Communications cc: Subject: RUSH APPROVAL-Australia + Japan Weather Below is a RUSH list that we need to approve by the end of the day. From the US, the only response I expect will be from Leslie, with all declines for power. I NEED TO HEAR FROM AUSTRALIA TODAY ON THEIR COUNTERPARTIES. ----- Forwarded by Tana Jones/HOU/ECT on 07/25/2000 09:49 AM ----- Frank L Davis 07/25/2000 08:15 AM To: Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT cc: Subject: Australia + Japan Weather Attached below is a list of Australian and Japanese counterparties for the Australian and Japanese weather launch. As they are actually launching these products this afternoon, your immediate attention would be GREATLY appreciated. Let me know of any potential conflicts ( other than the obvious lack of time) and I will do what ever possible to help. Thanks for your extraordinary efforts!!!!!! Frank ---------------------- Forwarded by Frank L Davis/HOU/ECT on 07/25/2000 08:08 AM --------------------------- From: Tom Moran 07/24/2000 06:25 PM To: Frank L Davis/HOU/ECT@ECT cc: Subject: Australia + Japan Weather
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