organisational announcement introducing enron global markets raises interesting questions around global support model concern throwing global metals business regional support control process london indeed asking support model exist asia supposedly key growth area new enron global markets business would time discuss brainstorm think time prepare worrry senior executives planning global expansion support model houston london cope paranoid regards mike forwarded mike jordan lon ect 02 08 2000 14 30 office chairman office chairman enron 31 07 2000 18 07 cdt enron worldwide cc subject organisational announcement introducing enron global markets evidenced exceptionally strong performance second quarter enron wholesale energy businesses north america europe continue experience tremendous growth opportunities continue grow natural gas power businesses never better critical enron future success remain focused expanding businesses maintaining strong momentum markets equally important continue develop new businesses outside gas electricity make significant contributions earnings growth made significant progress developing businesses north america europe recently new net works business unit included global businesses efforts crude products coal emissions insurance currency equity trading interest rates credit trading paper pulp metals significant progress made efforts need accelerate growth new businesses continuing aggressively expand core gas electricity businesses north america europe order accomplish two objectives capitalize increasingly global opportunities new businesses today announcing formation new business unit enron global markets new business unit focus markets commodities global scope outside traditional gas power markets new core business unit operate parallel close coordination north american european businesses enron global markets headed mike mcconnell president chief executive officer jeff shankman chief operating officer report mark frevert chairman enron global markets mark mike jeff comprise office chairman enron global markets included new business unit reporting office chairman following businesses leaders global crude products john nowlan coal george mcclellan currency equities interest rate agricultural trading gary hickerson insurance weather jere overdyke enron metals business enron credit com remain responsibility enron europe paper pulp business continue reside north america departure mike mcconnell enron net works pleased announce following appointments business unit jeff mcmahon president chief operating officer louise kitchen chief commercial officer philippe bibi chief technology officer jeff louise philippe along greg whalley comprise office chairman enron net works jeff shankman departure enron north america natural gas operation jeff direct reports report john lavorato also pleased announce following changes enron north america office chairman john lavorato join ena office chairman chief operating officer dave delainey assume role president chief executive officer mark frevert retain role chairman enron north america addition role chairman enron global markets enron europe please join us congratulating everyone new assignments supporting new enron global markets organisation