Message-ID: <20344519.1075841863916.JavaMail.evans@thyme> Date: Tue, 6 Feb 2001 03:16:00 -0800 (PST) From: will.smith@enron.com To: monica.lande@enron.com, will.smith@enron.com Subject: RE: 487392 showing up as Phys when it is a cross-desk Cc: valarie.sabo@enron.com, stacey.white@enron.com, duong.luu@enron.com, kate.symes@enron.com, carla.hoffman@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit Bcc: valarie.sabo@enron.com, stacey.white@enron.com, duong.luu@enron.com, kate.symes@enron.com, carla.hoffman@enron.com X-From: Will F Smith X-To: Monica Lande, Will Smith X-cc: Valarie Sabo, Stacey W White, Duong Luu, Kate Symes, Carla Hoffman X-bcc: X-Folder: \kate symes 6-27-02\Notes Folders\It X-Origin: SYMES-K X-FileName: kate symes 6-27-02.nsf I think that there may be a slight misunderstanding here. Here are the major differences between Cross-Desk and Cross-Portfolio deals... Cross-Desk deals are: ? Flagged as desk-to-desk ? NOT scheduled Cross-Portfolio deals are: ? Flagged as NON-desk-to-desk ? scheduled depending on the deal type (e.g. Forwards are scheduled, Emissions are not) The new deals in question are entered into the system as Cross-Portfolio deals because of the WEST - ENAEXEC portfolio relationship. Because these deals were scheduled, they were showing up in Real Time. By the way, I think I was talking to Carla (not Cara) about Real Time. I apologize about the error. I cannot explain why the deals are not showing up in Forward Obligation. As you said, perhaps Duong Luu can resolve the issue later this week. Thanks, Will -----Original Message----- From: Lande, Monica Sent: Tuesday, February 06, 2001 10:47 AM To: Will Smith/HOU/ECT@ENRON Cc: Sabo, Valarie; White, Stacey Subject: RE: 487392 showing up as Phys when it is a cross-desk Will, I talked to Cara, and she does not agree with what you have stated below. She said that cross-desk deals should never show up in real-time position manager. Stacey is also correct, we have always been able to see cross-desks in Forward Obligations - this is not a new development. Duong Luu will be in the Portland office Thursday and Friday, perhaps we can resolve this issue at that time. Thanks, Monica To: Will F Smith/ENRON@enronXgate @ ENRON cc: Monica Lande/PDX/ECT@ECT, Valarie Sabo/PDX/ECT@ECT Subject: RE: 487392 showing up as Phys when it is a cross-desk << OLE Object: StdOleLink >> I do not understand why they would not show up in forward obligation. Currently, forward obs reads from Deal Entry and if they choose the region / delivery point that these deals are entered under they should automatically show up. Maybe the forward obs is not recognizing the new portfolio. Stacey From: Will F Smith/ENRON@enronXgate on 02/05/2001 03:08 PM To: Monica Lande/PDX/ECT@ECT, Stacey W White/HOU/ECT@ECT cc: Subject: RE: 487392 showing up as Phys when it is a cross-desk Since I am not sure we have resolved this issue yet... If EnPower is not recognizing the change from WEST-EAST to WEST-WEST... EnPower needs to be fixed. We can manually fix any deals that are still in error. Recently there has been the addition of ENAEXEC. And some WEST-ENAEXEC deals have been created. ? Should these deals appear in scheduling (according to Cara, they should at least show up in Real Time)? ? Should these deals show up in Forward Obligations? This is something that Portland has hinted at wanting. Please let me know how we should start handling these new deals. Thanks, Will -----Original Message----- From: Lande, Monica Sent: Tuesday, January 23, 2001 1:02 PM To: White, Stacey Cc: Smith, Will F. Subject: Re: 487392 showing up as Phys when it is a cross-desk Stacey, I think what happened was that originally this deal was entered into with ST-NW as the desk and LT-MGMT as the counterparty. Since LT-MGMT is either in the East or Financial Portfolio (I'm not sure - is that Lavorato's book?), and ST-NW is in the West Portfolio, it originally showed up as an outside counterparty in scheduling. When the desk got changed to LT-WMGMT (West Portfolio), it should have flipped to an interdesk, which does not show up in scheduling. Evidently, it didn't. If Enpower won't automatically recognize the change in counterparty correctly, I guess we will have to kill the deals and rebook them, rather than change the desk. Let me know what you think. Thanks, Monica To: Monica Lande/PDX/ECT@ECT cc: Will Smith/HOU/ECT@ECT Subject: Re: 487392 showing up as Phys when it is a cross-desk Can you talk to Cara and see why this is a problem for her? Stacey ---------------------- Forwarded by Stacey W White/HOU/ECT on 01/18/2001 10:42 AM --------------------------- Will Smith 01/18/2001 07:05 AM << OLE Object: Picture (Device Independent Bitmap) >> To: Stacey W White/HOU/ECT@ECT cc: Subject: Re: 487392 showing up as Phys when it is a cross-desk Stacey, Were you able to talk with Cara about cross-portfolio deals? Will Smith x37486 ----- Forwarded by Will Smith/HOU/ECT on 01/18/2001 07:04 AM ----- Cara Semperger 01/09/2001 05:45 PM To: Will Smith/HOU/ECT@ECT cc: Diana Scholtes/HOU/ECT@ECT, Sean Crandall/PDX/ECT@ECT Subject: Re: 487392 showing up as Phys when it is a cross-desk << OLE Object: StdOleLink >> wsmith 10-Jan-01: Sent email to Stacey asking her to explain the difference between cross-desk and cross-portfolio deals. Yes, this is coming up as a consistent problem, these cross-portfolio deals are throwing us off balance. Why are they marked physical? There is no delivery. I don't think these should be marked physical. c Will Smith 01/09/2001 03:44 PM << OLE Object: Picture (Device Independent Bitmap) >> To: Cara Semperger/PDX/ECT@ECT cc: Subject: Re: 487392 showing up as Phys when it is a cross-desk << OLE Object: StdOleLink >> Cara, I noticed that this deal was since changed from cross-portfolio to desk-to-desk. Is there still an issue here? FYI, all cross-portfolio deals are entered with the scheduled flag set to "yes". Will Duong Luu 01/02/2001 06:05 PM To: Will Smith/HOU/ECT@ECT, Kroum Kroumov/Corp/Enron@ENRON cc: Nadine Costanzo/Corp/Enron@Enron, Laura Aldis/NA/Enron@ENRON Subject: 487392 showing up as Phys when it is a cross-desk Will, Please research and fix this problem dluu ----- Forwarded by Duong Luu/HOU/ECT on 01/02/2001 06:09 PM ----- Cara Semperger 01/02/2001 04:06 PM To: Duong Luu/HOU/ECT@ECT cc: Donald Robinson/PDX/ECT@ECT, Diana Scholtes/HOU/ECT@ECT, Sean Crandall/PDX/ECT@ECT, Kate Symes/PDX/ECT@ECT, Michael Tully/PDX/ECT@ECT Subject: 487392 showing up as Phys when it is a cross-desk please Check that Deal_Schedule_yn flag to no on this. We need to fix the underlying bug when we get a chance. I think it is more related to the cross desk deals done with EPMI LT WMGMT instead of EOL c