Message-ID: <15343103.1075859675417.JavaMail.evans@thyme>
Date: Fri, 10 Nov 2000 00:49:00 -0800 (PST)
From: brian.redmond@enron.com
To: mark.haedicke@enron.com
Subject: 2001 Group Expenses
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Mark,  I have a "deal" for you regarding Dave's stretch target below ($83,000 
further reduction for the Tech Services group).

I have 20 new people transfering into the Tech Services Group from EE&CC who 
all need computers, office refurb, etc., and I have already cut down my 
equipment budget to barely cover this and my outside consulting costs to 
$11K.    If you can bear my $83k reduction by reducing you $18.5MM outside 
consulting budget by another $83k, I will pick up the first $83k of overage 
you have during the year under my Restructuring Budget.

I would appreciate the help.  Let me know,
Brian

---------------------- Forwarded by Brian Redmond/HOU/ECT on 11/10/2000 08:39 
AM ---------------------------


David W Delainey
11/09/2000 06:44 PM
To: Wes Colwell/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, David Oxley/HOU/ECT@ECT, 
Mark E Haedicke/HOU/ECT@ECT, Eric Thode/Corp/Enron@ENRON, Stephen 
Douglass/HOU/EES@EES, Vince J Kaminski/HOU/ECT@ECT, Scott 
Tholan/Corp/Enron@Enron, Brian Redmond/HOU/ECT@ECT, Joseph Deffner/HOU/ECT@ECT
cc:  
Subject: 2001 Group Expenses

Guys, attached you will find a final cut on the ENA 2001 expense budget.  
Please review and make any adjustments to your existing plan that are 
appropriate to hit the net ENA target.  In order to stay flat year on year, I 
split the remaining positive variance equally across the groups.  As we had 
discussed earlier, these costs will not be allocated to the business units 
and will be tracked on the ENA income statement below the line and the 
accountability managed by each of you.  All outside variable costs, 
specifically related to specific deals, will be charged to the business units 
eg) outside legal and tax, outside technical expertise, facility costs, 
outside research support, incremental back and mid office support for 
specific asset management deals, specific entertainment, etc.  I look at this 
cost structure as the minimum capacity charge we need to operate our business 
and evaluate/manage our risks.

Wes, can you please  finalize the one page plan (expenses and headcount) for 
each group with these changes.



Regards
Delainey