Message-ID: <3893769.1075845021721.JavaMail.evans@thyme> Date: Thu, 8 Mar 2001 03:13:00 -0800 (PST) From: mark.haedicke@enron.com To: christian.yoder@enron.com Subject: Re: Legal strategy for summer in the west Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Mark E Haedicke X-To: Christian Yoder X-cc: X-bcc: X-Folder: \Mark_Haedicke_Oct2001\Notes Folders\All documents X-Origin: HAEDICKE-M X-FileName: mhaedic.nsf Thanks. Please don't hold up the meeting for me but if possible I will attend. Mark Christian Yoder 03/07/2001 12:20 PM To: Elizabeth Sager/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT cc: Tim Belden/HOU/ECT@ECT, Steve C Hall/PDX/ECT@ECT Subject: Legal strategy for summer in the west Tim agrees that a half day legal strategy session about the pending summer melt down should happen sooner rather than later. I understand that Richard and Elizabeth are scheduling a trip to Portland for the first week in April. I will coordinate their schedules with Tim's and tie down the details. Here is what I intend to do in the meantime. Any thoughts or comments would be appreciated: Get our major summer trading positions identified and get the contractual underpinings organized. This is something that Kim Theriot's group can help us with. Meet with our fundamentals leader and our head scheduler to try to understand as much as we can about how shortage scenarios might unfold and what power flow behavior at the key delivery points might look like. Meet with Steve Walters of Stoel Rives to get his mind focussed on big picture early positioning moves we might wish to take with BPA. Get Marcus Wood to help us refine our understanding of BPA Surplus firm and Excess Federal Power and how BPA might reasonably be expected to act with respect to each. Get credit to figure out if there is anyway we can get BPA to post a large amount of LC collateral to us. ----cgy