i think its a jv with the trading side mostly staffed by goldman folks




"Eva Pao" <epao@mba2002.hbs.edu> on 05/13/2001 03:06:01 PM
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To:	<John.Arnold@enron.com>
cc:	 
Subject:	Constellation


so, its a goldman co, but it also controls Duquesne and BGE?

-----Original Message-----
From: John.Arnold@enron.com [mailto:John.Arnold@enron.com]
Sent: Sunday, May 13, 2001 4:58 PM
To: epao@mba2002.hbs.edu
Subject: RE: Extra credit



yes




"Eva Pao" <epao@mba2002.hbs.edu> on 05/13/2001 03:03:17 PM

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Subject:  RE: Extra credit


is constellation energy a goldman company?

-----Original Message-----
From: John.Arnold@enron.com [mailto:John.Arnold@enron.com]
Sent: Sunday, May 13, 2001 4:55 PM
To: epao@mba2002.hbs.edu
Subject: RE: Extra credit



me thinks you missed a 9




"Eva Pao" <epao@mba2002.hbs.edu> on 05/13/2001 02:58:28 PM

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Subject:  RE: Extra credit


1.99999999999999999999999999999999999

-----Original Message-----
From: John.Arnold@enron.com [mailto:John.Arnold@enron.com]
Sent: Sunday, May 13, 2001 4:37 PM
To: epao@mba2002.hbs.edu
Subject: Re: Extra credit



rules to a game:
You flip a coin. If you get tails you win 0.  if you get heads, i give you
$1.  Keep flipping until you get a tails, at which point you walk away with
the money.  however, each heads you get after the first you double your
money.  So if you flip heads 3 times and then tails, you get $4.  What's
you bid/offer on playing this game?  (would you pay $.5 to play? $1? $2?
what you charge me play against you?)