Dear Sally,

Here is where we are on researching the Canada issue.  In a nutshell, certain curves, which had been there in the past/yesterday, did not show up today.  We are still working with Canada to determine why - either an IT problem or Human Error.  We will rerun VAR & positions once we get the curves in.

Regards



-----Original Message-----
From: Considine, Keith 
Sent: Tuesday, November 27, 2001 1:09 PM
To: Wilson, Shona
Subject: FW: 




-----Original Message-----
From: Considine, Keith 
Sent: Tuesday, November 27, 2001 10:08 AM
To: Reeves, Kathy; Gillis, Brian
Cc: Basu, Nilay; Victorio, Tom; Hayden, Frank; Jia, Winston; Khanna,
Bharat; Gillis, Brian; Trevino, Susan; Hernandez, Nancy
Subject: FW: 


Kathy/Brian

In regards to Franks comment below I have a suspicion that the issue may be related to the following curves that are showing up on Winston's VaR error log. Brian, I've copied you as well since they are gas curves.  Below are the error description followed by the actual portfolios that are missing curves.  Have these curves been loaded?


DESCRIPTION
These curves are not in the database. (This means atleast for last 15 calender days 
these curves are not loaded into database.) For example if we get position for 
Curve Code = NGI-SOCAL and risk type code = 'M' and in the database there is no curve 
loaded with the combination of Curve Code = 'NGI-SOCAL' and risk type code = 'M', 
VaR Engine will give this error. The curves need to be loaded from the source 
system. For example GAS curves need to be loaded in ERMS and all other commodities 
are loaded into RMS database

ERRORS
 CAN-B-GD-XL-GDL 	[Portfolio_Id: CAN-B-GD-XL-GDL ] Can't Find Original curve : 23-NOV-01,AECO-CND/IM , risk type =M, curve type code = PR and data source = ERMS

 CAND-PWR-GD-G1 	[Portfolio_Id: CAND-PWR-GD-G1 ] Can't Find Original curve : 23-NOV-01,GD-AECOCD/FRWKD , risk type =M, curve type code = PR and data source = ERMS

 CAND-PWR-GD-G1 	[Portfolio_Id: CAND-PWR-GD-G1 ] Can't Find Original curve : 23-NOV-01,GD-CGPR-AECO/AV , risk type =M, curve type code = PR and data source = ERMS

 CAND-PWR-GD-G1 	[Portfolio_Id: CAND-PWR-GD-G1 ] Can't Find Original curve : 23-NOV-01,GD-CGPR-AECO/DA , risk type =M, curve type code = PR and data source = ERMS

-----Original Message-----
From: Victorio, Tom 
Sent: Tuesday, November 27, 2001 8:30 AM
To: Considine, Keith
Subject: Fw: 


Pls. Check into this



-----Original Message-----
From: Hayden, Frank <Frank.Hayden@ENRON.com>
To: Reeves, Kathy <Kathy.Reeves@ENRON.com>
CC: Gossett, Jeffrey C. <Jeffrey.C.Gossett@ENRON.com>; Davenport, Lacrecia <LaCrecia.Davenport@ENRON.com>; Khanna, Bharat <Bharat.Khanna@ENRON.com>; Victorio, Tom <Tom.Victorio@ENRON.com>
Sent: Tue Nov 27 08:12:11 2001
Subject: 

Kathy,
It doesn't look like the Canadian positions didn't hit VAR last night.  Can you re-check?
Also, I understand Zufferli bot a ton of NG and I thought he was short? (Why is system showing he is long?)

Frank

EFF_DT	PORTFOLIO_ID	COMMODITY_CD	SumOfDELTA_POSITION	
11/23/2001	J_ZUFFERLI	NG	8241559.1328	
11/26/2001	J_ZUFFERLI	NG	8568832.813	


EFF_DT	PORTFOLIO_ID	COMMODITY_CD	SumOfDELTA_POSITION	
11/23/2001	CANADA-PWR-BU	NG	8298324.949	
11/26/2001	CANADA-PWR-BU	NG	8691997.5495	

EFF_DT	PORTFOLIO_ID	COMMODITY_CD	SumOfDELTA_POSITION	
11/23/2001	CANADA_PWR_GAS	NG	8298324.949	
11/26/2001	CANADA_PWR_GAS	NG	8691997.5495