friday p l informed p l overstated approx 6 million friday since quarter end calcing avoid numerous audit issues would result mistake due vol curves rolling forward one month may became june june became july july became aug etc starting tommorow harry responsible marking vol curves east power vol curve changes harry making next two days result marginal gain desk p l 1 2 million regional books gain value due short vol position however new albany spread option loses corresponding amount recent risk group difficulties compounded portland risk group 2 people total experience 3 months many resources getting sucked west issues continued system difficulties combined understaffing resulted frequent mistakes 23 million p l friday business reconciled follows 6 million thursday mistake p l understated thursday wednesday curves used port calc failed 10 million true friday p l summer 01 cal 02 cal 03 approx 1 mwh 6 million overstated due vol curve one month incorrect roll vol curves final p l issued 2 00 pm today cob friday approx 17 million