Message-ID: <32809121.1075861707620.JavaMail.evans@thyme> Date: Fri, 9 Nov 2001 07:56:46 -0800 (PST) From: david.port@enron.com To: frank.hayden@enron.com, john.lavorato@enron.com Subject: RE: VAR limit violation Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Port, David X-To: Hayden, Frank , Lavorato, John X-cc: X-bcc: X-Folder: \JLAVORA (Non-Privileged)\Lavorato, John\Deleted Items X-Origin: Lavorato-J X-FileName: JLAVORA (Non-Privileged).pst all we need to do is lose $2MM of VaR - it can't be that difficult -----Original Message----- From: Hayden, Frank Sent: Friday, November 09, 2001 9:50 AM To: Port, David; Lavorato, John Subject: VAR limit violation I spoke with Arnold regarding limit violation and he understood issue. I spoke with Presto and his response was that his desk is within his limits and he didn't see need to reduce risk. I await direction. Frank