Message-ID: <9552797.1075855460107.JavaMail.evans@thyme> Date: Fri, 21 Dec 2001 09:35:34 -0800 (PST) From: erisk@email.erisks.com To: vkamins@enron.com Subject: ERisk Essentials Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: ERisk @ENRON X-To: vkamins@enron.com X-cc: X-bcc: X-Folder: \Vincent_Kaminski_Jan2002_1\Kaminski, Vince J\Deleted Items X-Origin: Kaminski-V X-FileName: vkamins (Non-Privileged).pst ERisk ESSENTIALS What's New at ERisk.com, 21 December, 2001 ** The ERisk Portal will be taking a break over the holiday season; the site will next be updated on January 7, 2002. The Essentials will return on January 12. We wish happy holidays and a prosperous New Year to all of our readers.** THE YEAR IN REVIEW http://www.erisk.com/news/weekly/news_weekly2001-12-21_01.asp In a departure from our usually Weekly Review, ERisk journalists and editors take a look back at 2001, from the California power crisis to the September 11 attacks and Enron’s fall from grace. Put the year in perspective with our Year in Review, including the challenges of banking risk management in 2001. REFLECTIONS ON RISK http://www.erisk.com/news/features/ERisk2001YearInReview.pdf For this special feature, bank risk managers including the president of a US community bank, the CFO of a savings & loan, chief risk officers of two of the world's largest banks, and specialists in market, credit and operating risks told ERisk's Duncan Wood what had preoccupied them and their institutions in 2001. You can read what they had to say in our Reflections on Risk feature. VIEWPOINT http://www.erisk.com/news/news_viewpoint.asp After Enron's collapse, other energy firms came under scrutiny as investors began worrying about endemic weakness. Calpine – an ambitious independent power producer – suffered the most, despite the company's protestations. In our latest CRO profile, ERisk talks to Enrique Mejorada, newly promoted head of Calpine's risk controls function, and profiles Calpine’s turbulent year. FEATURE http://www.erisk.com/news/news_features.asp It may be years before the problems that brought down Enron are fully understood, but some of the issues that brought down the once-mighty energy giant are already becoming clear. In this exclusive ERisk feature, Rob Jameson recounts the history of Enron from its humble origins as an ambitious natural gas trader to its dark final days of crisis and bankruptcy. **************************************************** The ERisk Essentials is published every Friday by ERisk.com. To subscribe, please register on our website. http://www.erisk.com/util/register.asp To unsubscribe, access your account. Your username is the email address where you received this message. http://www.erisk.com/util/account.asp If you have forgotten your password, to reset it go to: http://www.erisk.com/util/forgot_pwd.asp For technical support queries, please email support@erisk.com