Message-ID: <28929166.1075854843400.JavaMail.evans@thyme> Date: Tue, 3 Jul 2001 06:27:54 -0700 (PDT) From: m..presto@enron.com To: vladimir.gorny@enron.com Subject: RE: RAC - EES Initiatives Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Presto, Kevin M. X-To: Gorny, Vladimir X-cc: X-bcc: X-Folder: \Presto, Kevin M (Non-Privileged)\Presto, Kevin M.\Sent Items X-Origin: Presto-K X-FileName: Presto, Kevin M (Non-Privileged).pst Looks good. -----Original Message----- From: Gorny, Vladimir Sent: Monday, July 02, 2001 6:58 PM To: Presto, Kevin M.; Herndon, Rogers Subject: RAC - EES Initiatives Kevin and Rogers, Pursuant to our brief conversations today regarding RAC's Market Risk Group involvement with EES, I have put together an org chart and a list of activities we are currently engaged in. A great deal of these activities are expectations of Rick Buy, however, many of them may be consistent with your expectations. People: Vlady Gorny Overall responsibility LaCrecia Davenport EES East Minal Dalia EES West (in Portland) Darin Schmidt EES Deal Review Scott Vonderhide Contract Review (full-time) *all of the above individuals participate in the contract review on a part-time basis Activities: - Daily review and analysis of positions, P&L, VaR and Component VaR - Review and evaluation of new deals - Periodic review of curves - Stress tests by region (NY, Illinois, etc.) - Periodically review and analyze EES models - Development of risk metrics for EES (regulatory, EAM, etc.) - Ad-hoc analysis and projects (DASRing, CA issues, etc.) - Consulting on risk management framework development - Coordination between underwriting, structuring, RM and corporate RM - Facilitate limit infrastructure - Administer and ensure compliance with the Enron Corp. Risk Management Policy