Message-ID: <27606540.1075857674849.JavaMail.evans@thyme>
Date: Wed, 16 May 2001 11:58:18 -0700 (PDT)
From: port@enron.com
To: john.lavorato@enron.com
Subject: FW: PRELIMINARY 5-15 Gas Trading VaR.doc
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For the sake of the optics of this I take it you have instructed the desk to take some of the heat out of the position ?

 -----Original Message-----
From: 	Thibodeaux, Kenneth  
Sent:	Wednesday, May 16, 2001 12:27 PM
To:	Buy, Rick; Kitchen, Louise; Murphy, Ted; Port, David; Schultz, Cassandra
Cc:	Abel, Chris; Wilson, Shona
Subject:	PRELIMINARY 5-15 Gas Trading VaR.doc

Please note the attached PRELIMINARY Gas Trading VaR violation.  The VaR violation is ($94.43 million) versus a limit of ($85 million).