Ditto Credit.

Thanks,

Shari

	Tana Jones
	03/07/2001 05:30 PM

		 To: Alan Aronowitz/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Shari
Stack/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Marie Heard/Enron
Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron
Communications, John Viverito/Corp/Enron@Enron, Jane McBride/AP/Enron@Enron,
Andrea Calo/SA/Enron@Enron, Peter Keohane/CAL/ECT@ECT
		 cc:
		 Subject: EOL approvals, 03-07-01

----- Forwarded by Tana Jones/HOU/ECT on 03/07/2001 05:30 PM -----

	Walter Guidroz/ENRON@enronXgate
	03/07/2001 05:22 PM

		 To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global Contracts and Facilities@ENRON, Enron Europe Global
CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications
		 cc:
		 Subject: EOL approvals, 03-07-01

Please see attached.


From:	Lesli Campbell/ENRON@enronXgate on 03/23/2001 11:39 AM
To:	Eric Bass/HOU/ECT@ECT
cc:
Subject:	Deal # QX4420

Please rebook to ECC under the ISDA.

Thanks

Lesli


Mark,

Here's my shot.  I did it in Revision mode so you can see the changes.  Note
that Enron never got out of the retail market in CA and has gathered about
1,000 MW of retail load -- we're bigger than all but two of the municipal
utilities in the state.  Enron stopped marketing to residential consumers --
that's what all the  fuss was about in 1997.  Anyone else feel free to take
your own shot.

Sue

	Mark Schroeder@ECT
	11/17/2000 09:52 AM

		 To: Susan J Mara/NA/Enron@ENRON, Jeff Dasovich/NA/Enron@Enron
		 cc: Richard Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Paul
Dawson/Govt. Affairs/LON/ECT@ECT, Christopher J Day/Govt.
Affairs/LON/ECT@ECT, Bruno Gaillard/EU/Enron@Enron
		 Subject: talking points on California situation

Some of our people get asked on the phone about what is going on in
California.  I have drafted the attached paper for their use.  It is intended
to be simple and user-friendly.  Your thoughts on whether I achieved that
objectvie are welcome.  More importantly, I need you to confimr that I got
the story and facts correct, and that I have not said anything about the
situation that you (Enron USA) would not want to say, or have not said, or if
we have said something fundamentally different, I need to know that, too.
thanks for taking the time to review.  mcs


Damnit Jeff.  What is the sleeping situation in the second cabin.  I don't
have time!!!!!!!!!!!!!!!!!!

The panic is my waste of time trying to get things organized.  That's the
panic.  I also don't want to tell people there are beds for them if there
are not.  Could you just right a simple straightforward email with the
number of beds.  Was there a math error on that one also????

Cameron Sellers
Vice President, Business Development
PERFECT
1860 Embarcadero Road - Suite 210
Palo Alto, CA 94303
cameron@perfect.com
650.798.3366 (direct dial)
650.269.3366 (cell)
650.858.1095 (fax)

-----Original Message-----
From:  Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Tuesday, December 12, 2000 2:22 PM
To: Cameron Sellers
Subject: RE: Directions

math error.  big sleeps 8. little sleeps.

can you explain the panic about sleeping arrangements, and could you fill
me in on what those arrangements are prior to sending the email out?

Cameron

Sellers              To:     "'Jeff.Dasovich@enron.com'"

<cameron@perf        <Jeff.Dasovich@enron.com>

ect.com>             cc:

Subject:     RE: Directions

12/12/2000

03:52 PM

I don't see how you get the numbers.  Can you please explain.  I don't have
the time to do this right now and I have to get the email off to the people
about sleeping arrangements.  I get 8 in one house and 5 in the other.
Please answer ASAP.

Cameron Sellers
Vice President, Business Development
PERFECT
1860 Embarcadero Road - Suite 210
Palo Alto, CA 94303
cameron@perfect.com
650.798.3366 (direct dial)
650.269.3366 (cell)
650.858.1095 (fax)

-----Original Message-----
From:           Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent:           Tuesday, December 12, 2000 11:22 AM
To:        Cameron Sellers
Subject:        RE: Directions

oh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  In the "big" house, sleeps 10---3 kings
and 2 twins!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  In the "little" house,
sleeps 6--2 queens and 1 trundle!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

anything else!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Cameron

Sellers              To:
"'Jeff.Dasovich@enron.com'"

<cameron@perf        <Jeff.Dasovich@enron.com>

ect.com>             cc:

Subject:     RE: Directions

12/12/2000

01:18 PM

NO.  I need to know how many beds there are total!!!!!!!!!!!

Cameron Sellers
Vice President, Business Development
PERFECT
1860 Embarcadero Road - Suite 210
Palo Alto, CA 94303
cameron@perfect.com
650.798.3366 (direct dial)
650.269.3366 (cell)
650.858.1095 (fax)

-----Original Message-----
From:           Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent:           Tuesday, December 12, 2000 10:51 AM
To:        Cameron Sellers
Subject:        RE: Directions

naked, all in one bed.

star doesn't need a bed.  prentice and i will need a bed (hey, it's her
birthday!)  tom & karen are very iffy, but if they show, and stay overnight
(iffy times two), then they'll need a bed.  that work?


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John, you can take Shari Stack off these emails.  She is a lawyer working on
the physical power agreements, our group works on the financial trading
agreements.  Carol St. Clair is the lawyer working on this master (I'm a
paralegal).  Thanks.

	"Cameron, John" <johncameron@DWT.COM>
	06/30/2000 11:41 AM

		 To: "'John Malowney'" <John.Malowney@enron.com>, Robert McCullough
<robert@mresearch.com>
		 cc: Doug Thomas <Doug.Thomas@bellcold.com>, Tracy Ngo <Tracy.Ngo@enron.com>,
Shari Stack <Shari.Stack@enron.com>, Tana Jones <Tana.Jones@enron.com>,
"Mitchell, Holly" <hollymitchell@dwt.com>
		 Subject: RE: We need actual bottom line numbers -- no "notional" stuff, ri
ght?

I believe this means only that we are not closing a deal today.  I would
still like the contracts, please, in anticipation that we may yet do a deal.

> -----Original Message-----
> From: John Malowney [SMTP:John.Malowney@enron.com]
> Sent: Friday, June 30, 2000 8:53 AM
> To: Robert McCullough
> Cc: Doug Thomas; Cameron, John; Tracy Ngo; Shari Stack; Tana Jones
> Subject: Re: We need actual bottom line numbers -- no "notional"
> stuff, right?
>
>
>
> Then we pass.... there is no sense going through "yesterdays fire drill"
> when we
> don't have the necessary "paper" in place in order to execute.  We
> appreciate
> the interest, next time with a little more forewarning, I'm sure Enron
> will
> competitively be in the hunt.  Let us know is you'd like us to continue
> working
> on the necessary contracts for future use.  Thanks, John
>
>
>
>
>  (Embedded     Enron Capital & Trade Resources Corp.
>  image moved
>  to file:      From:  Robert McCullough
>  pic11200.pcx) <robert@mresearch.com>
>                06/30/2000 08:21 AM
>
>
>
>
>
>
> To:   John Malowney <John.Malowney@enron.com>
> cc:
> Subject:  We need actual bottom line numbers -- no "notional" stuff,
> right?
>
>
> Clients are hopping up and down -- I am expecting a beer for my loyal
> Enron services this week . . .
>
>
>  << File: pic11200.pcx >>


We are removing the $100M from Schedule C that was put there on Friday.

DG


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/22/2000
03:46 PM ---------------------------

Jlpnymex@aol.com on 05/22/2000 02:03:51 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Re: trip

Vince,
Call or email me next week to firm up our plans. Hope you have a good week.

jana


----- Forwarded by Gerald Nemec/HOU/ECT on 05/18/2001 01:58 PM -----

	"Gillaspie, Eric" <EGillaspie@coral-energy.com>
	05/18/2001 01:51 PM

		 To: "'jonathan gillaspie'" <jongill78@hotmail.com>
		 cc: "'djunk_epc@yahoo.com'" <djunk_epc@yahoo.com>, "Jennifer Gillaspie
(E-mail)" <jennifer-gillaspie@reliantenergy.com>, "Jeff Gillaspie (E-mail)"
<Jgillaspieci3@netzero.net>, "Sandra Gillaspie (E-mail)"
<gillassa@fairfield.k12.ia.us>, "Rodger Gilllaspie (E-mail)"
<Rodger.Gillaspie@ia.ngb.army.mil>, "Gerald Nemec (E-mail)"
<gerald.nemec@enron.com>
		 Subject: RE: new e-mail addy

Brudda,

I spoke with Jenn about accommodations in Beijing as well as Shanghai and
she said her dad is also getting some info from a local Chinese travel
agent.  How about dropping Dan a line and working with him to recommend &
book everyone's hotel.  His e-mail address is:  djunk_epc@yahoo.com

I believe part of the group is looking to Jon and the other part is looking
to Dan to make their accommodations for them. I hereby anoint the two of you
to make the lodging decisions for everyone else, as we are drooling cows
with no direction or relevant info.  Therefore, the two of you need to get
together and decide on a hotel (for Shanghai & Beijing), so we can all be
together and don't have to coordinate getting together everyday in freakin'
China (i.e. nightmare).  Jon maybe send an e-mail to Dan suggesting a few
hotels/price/level of accommodations/etc./your recommendation/ and then you
two make the call and book it for us.

I think the "core" group we should worry about getting
reservations/accommodations is as follows:
Shanghai: (arrival on the 5th, Jenn, Eric, Heather, Gayle, Dan, Gerald,
Barbara) 7 people-3 rooms for the night most likely (Jon you can crash in my
room)
Mom & Dad & aunt Jean and Kid arrive on the 6th (2 more room)
Jeff and Cathy arrive on the 7th (1 more room)
8th we all fly to Qing dao, hotel in Qing Dao is selected and booked
Beijing - Everyone listed above is traveling to Beijing as a group.

As far as getting rooms for the other people (Staters, Rassmussen's, etc),
that's your call, but we are operating without any real good info.  I'd say
they are on their own as we don't know when they get in, what their plans
are, etc?  If it's no big deal reserving rooms and not getting dinged if
noone shows up then maybe get a few extra rooms at certain places, I don't
know the Chinese hotel system, level of $$ exposure, hotel availability,
etc., its your call, I'd assume they can probably get a room no problem so
let's not try to coordinate more people than we have to, they can sleep on
my floor if they can't get a room in China....

This is what is called Wedding planning lotus bliss...

We are all looking forward to this...

-----Original Message-----
From: jonathan gillaspie [mailto:jongill78@hotmail.com]
Sent: Friday, May 18, 2001 4:20 AM
To: Gillaspie, Eric
Subject: RE: new e-mail addy

Eric,

Thanks for the info. Will book flight for June 8th and find suitable lodging

in Shanghai. Do you want me to line up lodging in Beijing for you and the
rest of the entourage?

Let me know, and I'll finish this madness while I'm in Qingdao this weekend
with our friendly travel agent chum, Zang Bao Guo. Take care.

Chazow,

Jonny Luv

>From: "Gillaspie, Eric" <EGillaspie@coral-energy.com>
>To: "'jonathan gillaspie'" <jongill78@hotmail.com>
>CC: "Jeff Gillaspie (E-mail)" <Jgillaspieci3@netzero.net>
>Subject: RE: new e-mail addy
>Date: Wed, 16 May 2001 10:29:27 -0500
>
>Arrive in Shanghai on the 5th:
>Gerald Nemec
>Barbara Waldrop
>Gayle Junk
>Dan Junk
>Heather Junk
>Jennifer Gillaspie
>Eric Gillaspie
>
>Arrive in Shanghai on the 7th:
>Jeff Gillaspie
>Cathleen Clarke
>
>
>I presume we'll all fly out to Qingdao together on the 8th in the morning.
>We do need help getting hotels in Shanghai, maybe something around the
>touristy areas, or whatever you suggest.
>
>-----Original Message-----
>From: jonathan gillaspie [mailto:jongill78@hotmail.com]
>Sent: Tuesday, May 15, 2001 8:09 PM
>To: Gillaspie, Eric
>Subject: Re: new e-mail addy
>
>
>Dear Eric,
>
>Congrats on the new job. I've been e-mailing/harassing you for over one
>week
>
>now trying to get some much needed info out of you concerning the upcoming
>trip. I was beginning to get a little freaked-out: like you'd been
>kidnapped
>
>or something. Unfortunately, my information requests coincided with your
>job
>
>change and you probably never even got the messages. Fuckin great, man.
>
>Anyway- as you may well discern: I'M IN SUPER FREAK-OUT MODE. Please assist
>me in obtaining the correct spellings of everyone's names in your
>entourage.
>
>I'm trying to book flight tix for everybody from Shanghai>Qingdao. For
>example, I don't even know Gerald and Barbara's surnames. I would also like
>you to confirm the spellings of the Junk family's names.
>
>Two more things. Do you want help finding lodging in Shanghai? Do want me
>to
>
>go ahead and book hotel rooms in Beijing for your entourage post-wedding?
>Let me know what you want me to do.
>
>Looking forward to your repsonse. Hope the new job is a good fit for you.
>Sorry to dump my load of stress on you. Take care.
>
>Love,
>
>Jon Gillaspie
>
>
> >From: "Gillaspie, Eric" <EGillaspie@coral-energy.com>
> >To: "'jennifer-gillaspie@reliantenergy.com'"
> ><jennifer-gillaspie@reliantenergy.com>,   "'jgillaspieci3@netzero.net'"
> ><jgillaspieci3@netzero.net>,   "'jongill78@hotmail.com'"
> ><jongill78@hotmail.com>,   "'gerald.nemec@enron.com'"
> ><gerald.nemec@enron.com>
> >Subject: new e-mail addy
> >Date: Tue, 15 May 2001 15:02:08 -0500
> >
> >FYI, my work e-mail addy has changed, as I have changed jobs.
>
>_________________________________________________________________________
>Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.


but that's my point.  the demand destruction roared its ugly head beginning
of Jan.  The price level was $9.  Of course there is a lag.  Let's make up a
lag time...say one month.   On Dec 1 cash was trading $6.70.  Probably a
similar lag on the way down.  Cash is $5.20 today.  How much lost demand will
there be in a month if we're still $5.2?   million dollar question if you can
answer that.

slafontaine@globalp.com on 02/27/2001 08:12:32 PM
To: John.Arnold@enron.com
cc:
Subject: Re: mkts

off the cuff i wud say tho same goes for 5.00 gas-currently 6-7 bcf/day swing
y
on y too much, to buy this level you need to take the view that industrial
america and residential and end users will be able to get back on their feet
and
recocover a lion share of the 4-4.5 bcf/d demand destruction(this assumes as
current. very little if any dist fuel switching. i think the answer is no-not
unless the economy was jump starter quickly-2nd q is gone,so maybe th 4q.
 remember the demand destruction and industrial shit really just started only
6
weeks ago-me thinks it will take longer than that to get back into full swing.
we all trade the y on y gap...all things remaining equal(ie term px for the
summer), starting april we'll have a surplus the other way by july barring a
greenhouse in the ohio valley
    good to hear your view pt as always-even if it is wrong!!! ha

John.Arnold@enron.com on 02/27/2001 08:23:22 PM

To:   Steve LaFontaine/GlobalCo@GlobalCo
cc:
Fax to:
Subject:  Re: mkts

Good to hear from you.
After a great F, had an okay G.  Held a lot of term length on the
risk/reward play.  Figured if we got no weather, all the customer and
generator buying would be my stop.  It was.  Amazing that for the drop in
price in H, the strips have really gone nowhere.  just a big chop fest.
i here your arguments, but think they are way exagerated.  Agree with 1.5-2
bcf/d more supply. Call it 2 with LNG.  Imports from Canada should be
negligible.  Now let's assume price for the summer is $4.  No switching,
full liquids extraction, methanol and fertilizer running.  Electric
generation demand, considering problems in west and very low hydro, around
1.5 bcf/d greater this year with normal weather.  Means you have to price 2
bcf/d out of market.  Don't think $4 does that.  What level did we start
really losing demand last year?  It was higher than 4.   concerned about
recession in industrial sector thats occuring right now.
Think gas is fairly valued here.  Dont think we're going to 7.  But I think
fear of market considering what happened this past year will keep forward
curve very well supported through spring.  we're already into storage
economics so the front goes where the forward curve wants to go.

slafontaine@globalp.com on 02/26/2001 04:48:06 PM

To:   jarnold@enron.com
cc:
Subject:  mkts

its been a while-hope all is well. not a great few weeks for me in ngas-not
awful just nothing really working for me and as you know got in front of
march/apr a cupla times, no disasters.
   well im bearish-i hate to be so after a 4 buck drop but as i said a
month ago
to you-and now pira coming around. 5.00 gas is a disaster for the natgas
demand.
now production up strongly y on y...you guys agree on the production side?
  i know youve been bullish the summer-think im stll in the minority-but
here
you go, we have y on y supplly up 2/bcf+ demnad loss 3.5bcf/d, 5.5 bcf/day
y on
y swing . then i submit as we started to see due huge rate increases R/C
demandd
energy conservation will be even more dramatic this summer which will
effect
utilty demand/power demand ulitmately.  if pira rite we lost 1.56 in jan
for
this factor i say it cud be bigger this summer as ute loads increase, power
pxes
rise and consumers become poorer. there will be more demand flexibilty in
the
summer part in the midcon and north as AC is more of a luxury item than
heat. i
say 5-6% lower use in residentail/utilty power consumption due rationing is
another .7/1bcf/d loss.
  put all this together we wud build an addional 1284 apr thru oct on top
of
last years 1715  build basis last year temps and todays prices. takes us to
3.6
tcf or so. what am i missing my man-summer has to go to 4 bucks or lower to
restore demand??? thots.

as far as that other thing, the p&c its still alive, shud know more soon
and ill
keep you posted.


Hey,

I tried to call you.  I need Brandi's Work #, Home # and Social Security #.

E


---------------------- Forwarded by Sara Shackleton/HOU/ECT on 03/20/2000
08:49 AM ---------------------------

"CHRIS KRECEK" <KRECC@andrews-kurth.com> on 03/19/2000 02:17:17 PM
To: "TOM POPPLEWELL" <POPPT@andrews-kurth.com>, <cclark@ect.enron.com>,
<cclark4@ect.enron.com>, <Dherric@ect.enron.com>, <Gbahlma@ect.enron.com>,
<ryan.siurek@enron.com>, <Sshackl@enron.com>, <mniebruegge@mayerbrown.com>,
<pbrito@mayerbrown.com>, <tellwood@mayerbrown.com>,
<john_roberts@paribas.com>, <Shaun_pacious@paribas.com>,
<Tamullen@prickett.com>, <Facciolo@rlf.com>, <kenton@rlf.com>,
<clint.carlin@us.arthurandersen.com>, <schottla@us.cibc.com>,
<wolfmark@us.cibc.com>, <Jlawler@wilmingtontrust.com>
cc: "DAVID BARBOUR" <BARBD@andrews-kurth.com>, "DALLAS GUEST ACCOUNT #2"
<DGUEST2@andrews-kurth.com>, "DEBORAH LOWE" <LOWED@andrews-kurth.com>
Subject: Enron/Project Specter

Attached are the following additional closing documents:

Assignment
Notice
Stock Power
LLC Agreement (S-Past)
LLC Agreement (S-Present)
LLC Agreement (S-Future)

 - 233364.wpd
 - 233248.wpd
 - 233340.doc
 - 233340.wpd
 - 233341.doc
 - 233341.wpd
 - 233346.doc
 - 233346.wpd
 - 233350.doc
 - 233350.wpd
 - 233364.doc
 - 233248.doc


Shouldn't it be us?

Jim

	"Jeffrey Watkiss" <dwatkiss@bracepatt.com>

	03/21/2001 02:29 PM
		? ? ? ?
		? ? ? ? To: ? ? ? ?"Ronald Carroll" <rcarroll@bracepatt.com>,
<Alan.Comnes@enron.com>, <Christian.Yoder@enron.com>,
<James.D.Steffes@enron.com>, <Jeff.Dasovich@enron.com>,
<Joe.Hartsoe@enron.com>, <Mary.Hain@enron.com>, <Michael.Tribolet@enron.com>,
<Paul.Kaufman@enron.com>, <Ray.Alvarez@enron.com>,
<Richard.B.Sanders@enron.com>, <Richard.Shapiro@enron.com>,
<Susan.J.Mara@enron.com>
		? ? ? ? cc: ? ? ? ?
		? ? ? ? Subject: ? ? ? ?Re: FYI - PX sues ISO

Who does Enron prefer to hold the money?

>>> <Susan.J.Mara@enron.com> 03/21/01 11:52AM >>>
FYI

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 03/21/2001 08:46 AM -----
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ?"Daniel ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
 ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ?Douglass" ? ? ? ? ? ? ? To: ? ?
<Barbara_Klemstine@apsc.com>, ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ?<Douglass@ArterH ? ? ? ?<Vicki_Sandler@apses.com>,
<berry@apx.com>, ? ? ?
? ? ? ? ? ? ? ? ? ?adden.com> ? ? ? ? ? ? ?<dcazalet@apx.com>,
<billr@calpine.com>, ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<jackp@calpine.com>,
<Ken_Czarnecki@calpx.com>, ?
? ? ? ? ? ? ? ? ? ?03/21/2001 08:22 ? ? ? ?<gavaughn@duke-energy.com>,
? ? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ?AM ? ? ? ? ? ? ? ? ? ? ?<rjhickok@duke-energy.com>,
<gtbl@dynegy.com>, ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<jmpa@dynegy.com>,
<jdasovic@enron.com>, ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<susan_j_mara@enron.com>,
? ? ? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<Tamara_Johnson@enron.com>,
? ? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<curt.Hatton@gen.pge.com>,
<foothill@lmi.net>, ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<camiessn@newwestenergy.com>,
? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<jcgardin@newwestenergy.com>,
? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<jsmollon@newwestenergy.com>,
? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<rsnichol@newwestenergy.com>,
? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<nam.nguyen@powersrc.com>,
? ? ? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?<Curtis_L_Kebler@reliantenergy.
com> ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?cc: ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
 ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?Subject: ? ? FYI - PX sues ISO
? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
? ? ? ? ? ? ? ?

The California Power Exchange has filed a complaint for declaratory relief
against the California Independent System Operator. ?The case description
from our tracking service reads as follows:

Plaintiff seeks a declaration that defendant lacks the legal right to hold
the $177 million in funds remitted to the ISO by PG&E in response to
invoices transmitted to PG&E by plaintiff in connection with obligations
incurred in December 2000 by PG&E in the ISO's markets.


Dear Jim,

Sometime within the past week you may have received a catalogue that  describes Xenergy's Multi-Client Research offerings for 2001. In case it  did not reach you, I have attached a pdf version for your convenience. The  catalogue gives an overview of the various core and companion studies that  Xenergy is currently working on. The REM 2001 program is described on page  2. I have attached a REM 2001 powerpoint presentation to better  explain our work.  The slides go into more depth about the current status  of retail energy markets (slides 1-22), and then where things stand with  the research that is underway.  Do let me know if you'd like more  information about the REM 2001 study and I will be happy to arrange a conference  call with Taff Tschamler, one of the key people involved with this  project.  The final meeting for sponsors will be held Feb 25 -27, 2002 at  the Four Seasons Hotel in Austin Texas.  Aside from hearing about the final  study results, this meeting is an excellent opportunity to meet informally  with all of our Retail Energy Market sponsors.

I will check back with you in a week or so to see if you have  questions.
Thanks very much for your time.

Laura Colburn, Xenergy, Inc.
(781) 273-5700, ext. 505ldcolburn@mediaone.net

 - Laura Colburn.vcf
 - Multi Client Catalog.pdf
 - REM 2001Status of Retail Mkts. .ppt


Here is the final version of the comments that were submitted by INGAA on
the AICPA exposure draft on the proposed SOP - Accounting for PP&E. The
following people contributed to its production.

Margaret Morrison 	El Paso Energy
Guy Klepser		El Paso energy
Lynn Adams		El Paso Energy
John Krieg		El Paso Energy
Joaquin Garcia		El Paso Energy
Greg Edens		El Paso Energy
David Edwards		Duke Energy
Gary Wolf		Duke Energy
John Cobb		Williams
Horace Ray		Williams
Jim Davis		GLGT
Debbie Kuhnley		CMS Energy
Joan Dreskin		INGAA

Thanks everyone!
Lynn

>  -----Original Message-----
> From: 	Dassistant [mailto:Dassistant@INGAA.org]
> Sent:	Friday, November 16, 2001 10:55 AM
> To:	Adams, Lynn
> Subject:	Filing on 11-15
>
>  <<INGAAResponse 11-7-01.doc>>

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


Cool!!   I'll start cleaning my apartment.  Heck, I may even vacum!!


hey mike -

hope you are doing well.

i was talking to a guy over at epcor and he said that they were interested in hiring a "junior" power risk management person and i wanted to see if you want me to pass your contact information along.

cooper


Transport Team

It appears that in our efforts to collect information from the pipelines we are duplicating some efforts.

Rita Wynne's team is also actively collecting and reviewing pipeline invoice information. She has suggested that we coordinate with her team to more efficiently gather the information and keep the pipelines from getting bombarded with requests. The pipelines have been assigned to specific people in her group.

We should continue to contact the pipelines and request a list of their active agreements, inform them of our intentions to work with them and let them know that someone in our group is in the process of confirming outstanding invoice information with them as well  and would appreciate their cooperation. We should then work directly with our internal contact to determine the status of the invoice claims.

Rita will need a prioritized list of the pipelines. We can get together as a group and decide on the best way to prioritize the list.  I will provide her with the same list that PW will get - "Pipeline Status Summary" so that she can get a feel on were we stand with each pipeline. She will also have access to the detailed contract list were we are tracking the dollar amounts for each agreement.

Thanks
Maria


Here are the responses to the round (2)

Peter


Are you involved in this deal, if not do you have a contact?

 -----Original Message-----
From: 	Abshire, Scott
Sent:	Thursday, November 01, 2001 2:23 PM
To:	Hotte, Steve
Subject:	Power Generation asset sale in Puerto Rico

Steve,

I was contacted by Teobaldo Camejo Soto (Enron HR - Carribean Basin) regarding the sale of an Enron Asset, Ecco Electrica (sp?).  He indicated the sale of this asset was set to close in ~2 weeks and needed IT support to review all of the systems and software licenses involved.

I am not sure who in IT should handle this support.

Thanks,
-Scott.


Yes....I have been very concerned about reloading our keys guys.  Ken asked me about this and timing a couple of weeks ago and i suggested exactly what you are thinking.  I don't think we can wait until year end.  The opportunity to get everyone back in the money quickly and have a financial reason to stay and work through all of our issues is important.

How big of a group are you thinking?  Jeff and I have our top MDs/ VPs into a couple of groupings.  It also really depends on what the goal is.

I'm in tomorrow.

Mike

 -----Original Message-----
From: 	Whalley, Greg
Sent:	Thursday, October 11, 2001 4:00 PM
To:	Mcconnell, Mike
Subject:

Given what our announcement next week is going to look like,  do you think it is a good idea to issue some options to some key players soon after the announcement.  as sort of a down payment on bonus perhaps.  i think it would be best to keep it to a reasonably small group.  lets try to talk tomorrow and see if you have anyone we need to do this for.


I talked to Rod he got me a time at 1:21 for Saturday. I'll play with my
buddies on Saturday. I would like to play with you and mom in Sunday. I'll
book a tee time if that is OK.

Chris


Why Exercise???

1) My grandmother started walking five miles a day
 when she was 60.
 She's 97 now & we don't know where the hell she
 is.

 2) The only reason I would take up jogging is so
 that I could hear
 heavy breathing again.

 3) I joined a health club last year, spent about 400
 bucks. Haven't
 lost a pound. Apparently you have to show up.

 4) I have to exercise in the morning before my brain
 figures out what
 I'm doing.

 5) I don't exercise at all. If God meant us to touch
 our toes, he
 would have put them further up our body.

 6) I like long walks, especially when they are taken
 by people who
 annoy me.

 7) I have flabby thighs, but fortunately my stomach
 covers them.

 8) The advantage of exercising every day is that you
 die healthier.

 9) If you are going to try cross-country skiing,
 start with a small
 country.

 10) I don't jog. It makes the ice jump right out of
 my glass.


David:
Thanks for your e-mail.  With respect to one of your points, we have in the
past agreed to modify Section 4(b) of the ETA by adding the following at the
end:  "unless such access, entry, omission or action arises from acts or
omissions of Enron and its directors, officers, employees, agents or
contrcators.''  Alos, with respect to the Deemed ISDA issue, for ENA or ECC
trades, we do not consider the Deemed ISDA to constitute a "Master Agreement"
and our deemed ISDA counterparties are required to accept the GTC's before
trading.  Are the rules different in Australia?
Carol


Ralph-
Greetings. Hope you guys are doing well. I hear that the kids are going through all the kids' things like loosing teeth, getting glasses, etc. I'm sure it's fun to participate.

As you can imagine, there is some scrambling going on in Houston's labor market with the demise of Enron. When I was in discussions with Maury about joining WM two years ago, he talked about the need to possibly re-organize the company's government affairs area. I'm sure he's already done whatever it was he was planning to do at the time, but in case there is still a need I wanted to pass along a name of someone who I think is one of the most talented people in a large group of very bright people. As you know, Enron put a lot of resources into regulatory/government affairs and until the CA market unraveling, they were having a great deal of success because of these people. Out of the roughly 50 people in the state/federal government affairs area, Jim Steffes is unique and stands out because of his experience in so many areas of regulatory, government and business. He ran Enron's Northeast area when those states were passing deregulation legislation; he's been involved on the federal level with FERC and other agencies; he's managed a case that was recently argued before the Supreme Court; and most importantly and an area where I think would be very beneficial to a company like WM, he oversaw an effort to do a thorough audit of what changes in laws/regulations could really benefit Enron's businesses versus the areas that they were advocating just because it would make for better laws. It was a highly successful exercise that saved the company a lot of time and resources. Jim was a VP when I left but he might have been promoted since then, went to Georgetown undergrad and got his masters from the Kennedy School where he was one of three members of the Republican club.

I assume you have scaled back your involvement in WM's management now that it's running smoothly and are focused on other places like Mattel (good piece on today's front page of the WSJ) but if you think that there is a need for someone like Jim, you can be very confident to recommend him to talk to someone at WM. He won't disappoint you.

Call if you have any questions. Hope to see you soon.

Thanks, Gary


This request has been pending your approval for  37 days.  Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000029730&Page=
Approval to review and act upon this request.

Request ID          : 000000000029730
Request Create Date : 4/17/01 5:44:32 PM
Requested For       : stuart.zisman@enron.com
Resource Name       : VPN/IPASS
Resource Type       : Applications


We are not to discuss credit issues with any counterparties.

 -----Original Message-----
From: 	Braddock, Billy
Sent:	Monday, October 29, 2001 11:25 AM
To:	Presto, Kevin M.
Subject:	Southern Co.

Just spoke to one of their traders.  Their credit is (as are all of our counterparties) conducting a credit review.  As of this morning, they are not putting on any trading restrictions with us.  They have discussed implementing a netting agreement, but we have responded that we will not, especially without updating the current enabling agreement with a EEI (which they are opposed to).

Keep you posted.

Billy Braddock
Manager - Enron Power Marketing Inc.
713-345-7877 (work)
713-646-4940 (fax)
713-503-2166 (cell)


John,  Looks fine to me.


George,

The probability of building a house this year is increasing.  I have shifted
to a slightly different plan.  There were too many design items that I could
not work out in the plan we discussed previously.  Now, I am leaning more
towards a plan with two wings and a covered courtyard in the center.  One
wing would have a living/dining kitchen plus master bedroom downstairs with 3
kid bedrooms + a laundry room upstairs.  The other wing would have a garage +
guestroom downstairs with a game room + office/exercise room upstairs.  This
plan still has the same number of rooms as the other plan but with the
courtyard and pool in the center this plan should promote more outdoor
living.  I am planning to orient the house so that the garage faces the west.
 The center courtyard would be covered with a metal roof with some fiberglass
skylights supported by metal posts.  I am envisioning the two wings to have
single slope roofs that are not connected to the center building.

I don't know if you can imagine the house I am trying to describe.  I would
like to come and visit you again this month.  If it would work for you, I
would like to drive up on Sunday afternoon on Feb. 18 around 2 or 3 pm.  I
would like to see the progress on the house we looked at and tour the one we
didn't have time for.  I can bring more detailed drawings of my new plan.

Call or email to let me know if this would work for you.
pallen70@hotmail.com or 713-463-8626(home), 713-853-7041(work)

Phillip Allen

PS.  Channel 2 in Houston ran a story yesterday (Feb. 2) about a home in
Kingwood that had a poisonous strain of mold growing in the walls.  You
should try their website or call the station to get the full story.  It would
makes a good case for breathable walls.


I am having surgery on my upper lip on January 14 and required reconstructive surgery the following day, January 15.  I am told by my doctors that I may not be able to talk for several days following the surgery.  When necessary, we may need to communicate by e-mail.  I will definitely be out of the office January 14 and 15.  I plan to take my recovery day-by-day and will return to the office as soon as I am able.

My home telephone number is (281) 496-5276 and my cell number is (713) 582-2367.

Janette Elbertson
on behalf of Mark Haedicke
Enron Wholesale Services
Legal Department
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
e-mail:  janette.elbertson@enron.com


FYI.  Here are letters Enron (Steve Kean) sent to US Senators about real
solutions for California.  The Feinstein / Murkowski letters are very good
overviews of our recommendations on what to do and what not to do.

Jim

----- Forwarded by James D Steffes/NA/Enron on 02/27/2001 07:57 AM -----

	Maureen McVicker
	02/26/2001 05:27 PM

		 To: Linda Robertson/NA/Enron@ENRON, Tom Briggs/NA/Enron@Enron, Scott
Bolton/Enron Communications@Enron Communications, Paul Kaufman/PDX/ECT@ECT,
Susan J Mara/NA/Enron@ENRON, Joe Hartsoe/Corp/Enron@ENRON, Sandra
McCubbin/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Alan Comnes/PDX/ECT@ECT, Vance Meyer/NA/Enron@ENRON,
Karen Denne/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON
		 cc: Lora Sullivan/Corp/Enron@ENRON
		 Subject: Letters to Senators

Attached are the letters sent to Senators Wyden, Feinstein & Murkowski.


Thanks for copying me on this note.  I have sent a suggestion to Sheri and asked her to respond to Frank  Hayden.  --Sally

 -----Original Message-----
From: 	Gossett, Jeffrey
Sent:	Monday, May  7, 2001 10:12 AM
To:	Beck, Sally
Subject:	EOL

FYI
---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 05/07/2001 10:11 AM ---------------------------
From:	Frank Hayden/ENRON@enronXgate on 05/07/2001 10:09 AM
To:	William S Bradford/ENRON@enronXgate, David Port/ENRON@enronXgate, Vladimir Gorny/ENRON@enronXgate, Ted Murphy/LON/ECT@ECT
cc:	Jeffrey C Gossett/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron, Sheri Thomas/ENRON@enronXgate
Subject:	EOL

Help!

It appears that EOL is being given out to people who have not received authorization to trade.  The latest is someone reporting up through Jean Mrha. (John Grass)  Why doesn't RAC require that anyone requesting authorization to get EOL get approved through RAC.  I'm sure Lavo doesn't know (or maybe he does) that we have yet another unauthorized trader to rein in.

Any suggestions?

Frank


Just so you don't forget me.  I know its early but I'm interested in coming back.  I'm sure you don't know what you will need until after we find out what happened today.  Tom Martin was asking me if I would be interested in going to the Texas Desk to take Daren Farmer's place, Daren is going to AEP.  I told him I would like to talk to you about the East Desk first.  Tom would like an answer by Monday.

Let me know.

Thanks
chris


My apology.  The spreadsheet he sent me had the same file name of the one he
sent you so I thought you had this.

 <<April 00 thru June 00 retro Enron Request.xls>>

Keoni Almeida
California Independent System Operator
phone: 916/608-7053
pager:  916/814-7352
alpha page:  9169812000.1151268@pagenet.net
e-mail:  <mailto:kalmeida@caiso.com>

 - April 00 thru June 00 retro Enron Request.xls


Robin,

Thanks for your call this morining.   As stated,  I am unaware of any changes
in our agreements or terms with regards to Canadian  companies or
transactions.  If  "Caraway" is the correct spelling,  I find no person by
that name in our credit departments.  Do you have a phone number for this guy?

Regards,
Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


---------------------- Forwarded by Randall L Gay/HOU/ECT on 04/04/2000 11:07
AM ---------------------------

"Vanessa Wilson" <VWILSON@skadden.com> on 04/04/2000 10:30:48 AM
To: alan.janna@enron.com
cc: robtaylor@andrews-kurth.com, joana.ryan@enron.com, rgay@enron.com,
roseann.engeldorf@enron.com, MTHURBER@mail5.allegro.net
Subject: Fwd: GE Letter Agreement

Alan,

In response to your e-mail, the Letter Agreement has not been further revised
since I sent it to you on March 30th (that e-mail is attached hereto).

The open issues relate to the following items in Attachment 8 which contains
certain provisions to be used as part of the "Base Agreement:"

1.  The issue detailed in the attached of whether WestLB will indemnify GEII
against actions of the Enron entity acting as "Agent."  Rob Gay is reviewing
this issue.  This issue would impact Section 20.1(a).

2.  The inclusion of certain language that Enron has requested which would
more clearly establish that GEII's indemnity obligation includes
consequential damage claims by third parties.  The language at issue appears
in Sections 20.1(b) and 27.2.

At Brett Wiggs' request, Cheryl Costa is discussing the above issues with
GEII.  If you have any questions or comments or would like to discuss the
foregoing, please contact me at 713-655-5102.

------------------------------------------------------
This e-mail, and any attachments thereto, is intended only for use by the
addressee(s) named herein and may contain legally privileged and/or
confidential information.  If you are not the intended recipient of this
e-mail, you are hereby notified that any dissemination, distribution or
copying of this e-mail, and any attachments thereto, is strictly prohibited.
If you have received this e-mail in error, please immediately notify me at
(212) 735-3000 and permanently delete the original and any copy of any e-mail
and any printout thereof.

Further information about the firm, a list of the Partners and their
professional qualifications will be provided upon request.
Date: Thu, 30 Mar 2000 12:16:35 -0500
From: "Vanessa Wilson" <VWILSON@skadden.com>
Cc: MTHURBER@skadden.com
Subject: Fwd: GE Letter Agreement
Mime-Version: 1.0
Content-Type: multipart/mixed; boundary="=_EEB7315F.5938C8D4"

As requested, attached please find the e-mail I sent to Rob Gay to which the
current draft of the Letter Agreement with GEII is attached and which briefly
summarizes the indemnity issue we have been discussing.

If you have any questions or would like to discuss the attached further,
please feel free to contact me at 713-655-5102.

Date: Tue, 28 Mar 2000 17:36:15 -0500
From: "Vanessa Wilson" <VWILSON@skadden.com>
Cc: MTHURBER@skadden.com
Subject: GE Letter Agreement
Mime-Version: 1.0
Content-Type: multipart/mixed; boundary="=_EEB7315F.5839C9D5"

Rob,

Attached please find the current draft of the Letter Agreement (32581.7),
including Attachment 8 (32573.7) which sets forth various provisions to be
included in the Purchase Agreement.  Article 20 regarding indemnification is
included in Attachment 8.

As we discussed, West LB has some concerns regarding including language in
Article 20 which GEII requested by which West LB would indemnify GEII for
Enron's acts (in its capacity as Agent).  West LB has suggested they would be
willing to undertake this obligation if they are reimbursed by Enron through
the Acquisition and Development Agreement.  Today, for the first time, West
LB indicated that they may require a cap on this liability for Agent's acts
in the Purchase Agreement.

GEII has requested that West LB undertake this obligation and Enron has
agreed to pursue it with West LB.  In light of this, the language which would
establish West LB's indemnity obligation for the Agent's acts is not included
in the current draft of Attachment 8.

Please let me know how you would like to proceed.  As I mentioned, we are
trying to finalize the Letter Agreement with GEII very shortly.  I apologize
for any confusion and look forward to working with you on this matter.  If
you have any questions or would like to discuss this matter further, please
feel free to contact me at 713-655-5102.

Thanks,
Vanessa.

 - 32581_7.doc
 - 32573_7.doc
 - 32614_2.xls


Did you get this?  The address for you looks odd.
---------------------- Forwarded by Kay Mann/Corp/Enron on 07/05/2000 10:22
AM ---------------------------

karla.hesketh@us.abb.com on 06/29/2000 02:12:27 PM
To: ben.jacoby@enron.com, kay.mann@enron.com, kclark3@enron.com
cc: dennis.bowman@us.abb.com, frank.chmiel@us.abb.com,
michael.o.sandridge@us.abb.com

Subject: Enron Corrected Option Letter Information for Contract Purposes
-LMSK-2001

---------------------- Forwarded by Karla Hesketh/Field_Marketing/USTRA/ABB on
06/29/2000 10:31 AM ---------------------------
Ben/Kay/Kathy,

Attached is the revised pricing for the 3 types of transformers for the
LMSK-2001 contract along with Schedule 1A, 1B and 1C reflecting the latest
transformer designs.  This information is for incorporation into the final
contract.

(See attached file: ABBoption6000may12rev5.doc)

Please call if you have any questions.  Mike will be at Enron tomorrow should
you need to discuss this final pricing and design information with him.

Regards,
Karla Hesketh

Karla Hesketh\ABB
Ph: 713-821-4016, Fx: 713-821-3526

 - ABBoption6000may12rev5.doc


Tanya,

Some stability tests were performed on the simulation.
(1) The Window size of the averaging in the simulation was changed from 10 to
20 for NG-PRICE(the biggest book in gas) for effective date June-28 .  As you
can see in the file 28NG-Price_Windowsize, the Component VaR numbers are very
similar.

(2)  To look at a calculational comparison, I looked at the STORAGE-PRC book
(which has no gamma position) for effective date of 27th and (a) calculated
FFVols, and (b)calculated the RiskMetrics VaR (the correlations are very high
across the term structure) and compared to the Component Var code
calculation, and again the two nubers are comparable, given the different
modes of calculation.

Naveen


Dear Ken:

We have very serious offers out to two young - but very highly
regarded - economists doing work in areas of interest to Enron.
(Please see enclosed.)

Hendricks is being recruited for one of the Lay family chairs.

Rust, now at Yale, is being recruited for our new university-wide
Center in Computational Economics and Finance.  His work is likely to
be of considerable interest to Enron.

Malcolm

>X-Sender: hartley@pop.ruf.rice.edu
>Date: Tue, 22 May 2001 11:50:04 -0500
>To: mgillis@rice.edu
>From: Peter Hartley <hartley@rice.edu>
>Subject: Hendricks and Rust - research of interest to Enron
>
>Malcolm:
>
>You requested some notes on the potential interest of Enron in the
>research of Ken Hendricks (the proposed occupant of the Lay family
>chair in industrial organization) and John Rust (the proposed
>appointee from Yale to the Center in Computational Finance and
>Economics). The research programs of Hendricks and Rust look
>extremely exciting and bode well for a very productive relationship
>between Enron and the economics department at Rice were we to succeed
>in recruiting both of these outstanding economists at the peak of
>their careers.
>
>1. Ken Hendricks:  (Visiting U.T. Austin - professor at U.B.C.)
>
>Ken is regarding as one of the leading experts (along with his
>co-author) on testing the implications of auction theory for
>real-world auctions. In particular, Ken and his co-author (Rob Porter
>from Northwestern) pioneered the study of auctions of Outer
>Continental Shelf (OCS) oil and gas leases. The work on auction
>theory is one of the most spectacular successes of strategic modeling
>in economic analysis. It has influenced the design of emerging
>markets for gas and electricity, pollution permits and the FCC
>auctions of parts of the electromagnetic spectrum for communications
>services. The empirical verification of many of the detailed
>predictions of auction theory by Hendricks and a handful of other
>scholars has been critical to the influence of that theory on the
>design of new resource allocation mechanisms. Ken is keen to extend
>his empirical work on auctions to other more recent examples.
>
>Ken's interest in the oil and gas industry extends beyond the auction
>of leases. He has also worked on oil exploration and production,
>strategic issues in the gasoline market and oil and gas pipelines.
>
>Ken Hendricks has also produced ground-breaking research on the
>economic analysis of networks. The initial application of this work
>has been to the airline industry. Ken is keen, however, to apply the
>insights gained from this analysis to other network industries. In
>particular, he is keen to study the electricity and natural gas
>industries not only from the network perspective but also from the
>perspective of auction theory.
>
>2. John Rust:  (Yale - young full professor)
>
>In a recent theoretical paper, written with a colleague from Yale,
>John Rust studies the conditions under which a "market maker" can
>enter a commodity market and gather a substantial market share and
>substantial profits, while at the same time making the market more
>efficient by driving out the least efficient middle men and reducing
>the average bid/ask spreads charged by the surviving middle men in the
>market. This research is of relevance to  "emerging markets" in so far
>as falling transaction and information costs have played a critical role
>in allowing such markets to develop.
>
>As part of this research program, John has developed a relationship
>with a large New England steel service center, which is essentially a
>"middle man" in the regional steel market. The firm buys large
>quantities of steel domestically and internationally, storing these
>as inventories in its warehouses, and subsequently selling the steel
>to retail customers in the New England area at a markup. There is no
>formal market for steel, such as exists for gold or platinum on the
>London Metal Exchange or for commodities such as wheat on the Chicago
>Mercantile Exchange. John believes that his work on the steel market
>is likely to be of substantial interest to Enron.
>
>John and his co-author argue that the first market makers entering
>the steel market, esteel.com and metalsite.com do not have the
>correct business model (they fail to post publicly observable prices
>and are more akin to computerized chat rooms where private
>negotiations occur) and thus are unlikely to be successful in
>transforming the market for steel. However the site gofish.com does
>have a good business model and is rapidly transforming the market for
>commercial purchases of fish in the U.S.
>
>How does this relate to Enron? Enron Industrial Markets (EIM) is
>serving the role of market maker in a number of different commodities
>such as natural gas and electricity. Coincidentally EIM just made a
>presentation of its plans to enter as a market maker in the steel
>market, and the executives at the steel company that John and his
>co-author work with in Connecticut shared with John an impressive
>binder from a recent presentation by EIM. After
>discussing this presentation with the general manager and studying
>the presentation binder, John feels that Enron's business plan is
>much more likely to succeed than either esteel.com or metalsite.com.
>His analysis of the steel market suggests that there are considerable
>informational imperfections, and that there is ample room for
>successful, profitable entry by a leading company such as Enron that
>has an intelligent and aggressive business plan. John believes that
>Enron is in a strong position to succeed in the steel market using
>its experience in other markets, their successful enrononline.com
>trading site, and their huge financial resources that would enable
>them to conduct the marketing operations to get their market off the
>ground.
>
>The other area where John feel's that his research could connect to,
>and be useful for, Enron in steel and other commodities markets is
>his work on using dynamic programming methods to solve for and
>compute optimal speculative trading strategies. John is perhaps the
>world expert in calculating optimal policies with regard to managing
>inventory levels. These include the optimal timing of purchase
>decisions, the optimal quantities to purchase when purchases are
>optimal, and the optimal markups of retail prices over wholesale
>prices. John and his co-author have developed computer programs that
>can rapidly compute the optimal policies (in less than 2 minutes on
>an ordinary PC) for the steel distributor he has been working with in
>New England. They plan to deliver a computerized version of their
>trading strategy on a laptop computer to the executives at the steel
>company. John and his co-author hope to compare how the trading
>profits generated by the computer program compare to the trading
>profits that would be earned if the firm continued with its current
>business practices.
>
>John's work may be of interest to Enron since it can be extended to
>predictions of the optimal inventory holdings and bid/ask spread that
>should be quoted by a market maker like Enron. John and his co-author
>are currently working on extending their model to predict how traders
>in the steel market would value various options and futures contracts
>for hedging risks, leading to predictions for the pricing of these
>derivative financial instruments.
>
>John would be very keen to attain a close working relationship with
>Enron. He believes such a relationship could have a huge effect on
>the course of his research, spawning a number of additional new
>research projects that would benefit students and faculty at Rice as
>well as having substantial potential benefit for Enron.
>
>--
>Peter Hartley

--
___________________________
Malcolm Gillis
President
RICE UNIVERSITY
Post Office Box 1892
Houston, Texas  77251-1892

6100 Main Street
Houston, Texas 77005

Internet:  mgillis@rice.edu
Telephone:  (713) 348-4041
Facsimile:  (713) 348-5271


The Boat trip has been postponed due to national tragedy. We will reschedule at a more appropriate time.

It is time for the Ultra outing event aboard the Ultra Sailing Yacht!   We
will have food, drinks, and fun to mark the Enron Risk
Management Simulation Initiative!

For a picture of the boat and more information, click on this link

ULTRA website http://home.flash.net/~ultratri/

Plan to attend September 13th:    Boarding 5:30-6:00PM
(Don't be late  the boat may sail!!!)
                    Sailing, dinner, drinks 6:00-9/10:00 PM.

Requirements:  Bring your fun and significant others (one guest please)

DO NOT BRING/WEAR: mid to high heeled shoes, black soled tennis shoes, glass or bottles, cigars

Location:      Ultra Sailing Charters
          2500 South Shore Blvd
          Nassau Bay, Texas 77058
          281-333-2063

Directions:

(Embedded image moved to file: pic10548.pcx)
Turn East on 518
Turn left on Marina Bay Drive
Turn Left on South Shore Blvd.
Park in the Hotel parking lot on the left.
Look for the Ultra Sailboat.

Picture of the Boat


CALENDAR ENTRY:	APPOINTMENT

Description:
	Larry Berger/Monthly Acct. Mtg. Conference room EB4194

Date:		11/26/2001
Time:		1:30 PM - 3:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/12/2001
06:37 PM ---------------------------

Hill Huntington <hillh@stanford.edu> on 03/12/2001 06:19:41 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Re: possible RTP conference

I look forward to seeing you at 10 AM on Thursday March 15.  My office is
408 Terman Center.  You can find a searchable campus map under "contact
information" on our homepage (address below).

At 05:24 PM 3/12/01 -0600, you wrote:

>Dear Professor Huntington,
>
>Thursday 10 a.m. works for me.
>Please, let me know where I can meet you.
>
>I am attaching my itinerary, so that you can contact me
>if necessary
>.
>My cell phone number is 713 410 5396.
>
>Vince Kaminski
>(See attached file: VK-SF-Stanford-3-14-01.doc)

*******************************************************************
Hillard G. Huntington
EMF - an international forum on
energy and environmental markets Voice:  (650) 723-1050
408 Terman Center    Fax:    (650) 725-5362
Stanford University   Email:  hillh@stanford.edu
Stanford, CA  94305-4026

EMF Website: http://www.stanford.edu/group/EMF/


We would like to discuss this list with you in the meeting this morning with
Jeff.  Thanks.

---------------------- Forwarded by Jodi Coulter/HOU/ECT on 09/01/2000 08:25
AM ---------------------------

<Scott.Musch@chase.com> on 08/30/2000 07:02:56 PM
To: jodi.coulter@enron.com, andy.west@enron.com
cc: Slava.Brin@chase.com

Subject: Preliminary Request List

Attached is an information request list from Apollo.  I'll call you tomorrow
morning to discuss.  Thanks.

---------------------- Forwarded by Scott Musch/CHASE on 08/30/2000 08:03 PM
---------------------------

"M. Ali Rashid" <Rashid@nyc.apollolp.com> on 08/30/2000 05:49:35 PM

To:   Scott Musch/CHASE@CHASE
cc:   "Marc Becker" <Becker@nyc.apollolp.com>
Subject:  Preliminary Request List

Scott-

Attached, please find a preliminary due diligence request list.  If you
could pass this along to the relevant parties at Enron and Net Works, it
would be much appreciated. The attached memo should explain the scope and
purpose of our request.

-Marc & Ali

 - Memo_Due Diligence_Prelim..doc


I will be able to interview at either time.  I selected the late time on the
email, but wanted to respond to make sure you received it.

DG
---------------------- Forwarded by Darron C Giron/HOU/ECT on 02/09/2001
10:45 AM ---------------------------

	Enron North America Corp.

	From:  Andrea Richards @ ENRON                           02/09/2001 10:35 AM

To: Darron C Giron/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT
cc: Jana Giovannini/HOU/ECT@ECT
Subject: Analyst Interviews Needed - 2/15/01

Darron, David, please respond to Jana in regards to the times that you will
be available to interview candidates.
---------------------- Forwarded by Andrea Richards/NA/Enron on 02/09/2001
10:41 AM ---------------------------

	Enron North America Corp.

	From:  Jana Giovannini @ ECT                           01/25/2001 01:42 PM

To: John Cobb/FGT/Enron@ENRON, Bob Chandler/ET&S/Enron@ENRON, James
Saunders/Houston/Eott@Eott, Jennifer Lev/FGT/Enron@ENRON, Lisa
Sutton/FGT/Enron@ENRON, Susan Helton/HOU/ECT@ECT, Georgeanne
Hodges/HOU/ECT@ECT, Faith Killen/HOU/ECT@ECT, Greg Whiting/Corp/Enron@ENRON,
Sayed Khoja/NA/Enron, Mary Lynne Ruffer/HOU/EES@EES, Jody Pierce/HOU/ECT@ECT,
Thomas Myers/HOU/ECT
cc: Shelly Butler/HOU/ECT@ECT, Andrea Richards/NA/Enron@Enron

Subject: Analyst Interviews Needed - 2/15/01

All,

The Analyst and Associate Programs recognize we have many Analyst needs that
need to be addressed immediately.  While we anticipate many new Analysts
joining Enron this summer (late May) and fulltime (August) we felt it
necessary to address some of the immediate needs with an Off-Cycle Recruiting
event.  We are planning this event for Thursday, February 15 and are inviting
approximately 30 candidates to be interviewed.  I am asking that you forward
this note to any potential interviewers (Managers or above).  We will conduct
first round interviews in the morning and the second round interviews in the
afternoon.  We need for interviewers to commit either to the morning
(9am-12pm) or afternoon (2pm-5pm) complete session.  Please submit your
response using the buttons below and update your calendar for this date.  If
you are currently on the new Outlook program, you may not be able to use the
buttons below.  In that instance, please contact me at x39233 to volunteer.

In addition, we have a need within one of Enron's business units for
accounting majors.  We will be bringing several people in to interview with
accounting backgrounds.  We will then make sure that the schedule will be set
so you would interview these specific candidates.  We would greatly
appreciate your assistance in this effort.  Thanks in advance for your
cooperation.

Thank you,
Jana


Mel, thank you for lunch.  It was great to see you and catch up.  Here's the
memo I mentioned.  All the best.  Jim
---------------------- Forwarded by James Derrick/Corp/Enron on 12/01/2000
11:48 AM ---------------------------

Stephanie Harris
11/08/2000 05:17 PM
To: James Derrick/Corp/Enron@ENRON
cc:

Subject: Organizational Changes

----- Forwarded by Stephanie Harris/Corp/Enron on 11/08/2000 05:17 PM -----

	Ken Lay and Jeff Skilling
	Sent by: Enron Announcements
	11/08/2000 04:59 PM

		 To: All Enron Worldwide
		 cc:
		 Subject: Organizational Changes

We are making a number of significant organizational changes.  These changes
are intended to accomplish four key objectives:

First, we need to realign all our wholesale businesses around the successful
business model developed over the last decade in North America and Europe.
This model relies on extensive physical and transactional networks built
around a relatively small strategic asset position.

Second, we need to significantly streamline corporate reporting
relationships.  Particularly with Joe Sutton,s departure, the ability to
directly manage the day-to-day activities of 15 independent business units
has become increasingly difficult.

Third, we need to accomplish these changes without, in any way, compromising
the ongoing profitability of all our businesses and without delaying or
hindering our effort to monetize a significant portion of our lower-yielding
asset positions.

And fourth, as always, we need to take advantage of the reorganization to
redeploy our talent into our highest value opportunities.

ENRON WHOLESALE SERVICES

Today, we are forming Enron Wholesale Services (EWS) which will consolidate
our global wholesale businesses.  The closer alignment of our wholesale
businesses will accomplish the following: (1) enhanced communication and
coordination across business units, (2) more rapid deployment of people to
higher valued opportunities, (3) more effective prioritization of
opportunities across the wholesale business, and (4) more rapid extension of
Enron,s wholesale business model and capabilities into new industries and
markets.

Enron Wholesale Services will include our current North American, European
(including Japan and Australia), Global Markets, and Industrial Markets
operations, and will be expanded to include Enron,s Net Works business unit
as well as a new unit ) Enron Global Assets.  In addition, Enron,s merchant
businesses outside of North America and Europe will be integrated into this
new structure as described below.

Mark Frevert, currently Chairman of each of our wholesale units, will assume
the role of Chairman and CEO of Enron Wholesale Services.  Greg Whalley,
currently Chairman and CEO of Enron Net Works, will join Mark in the Office
of the Chairman as President and Chief Operating Officer.

Providing further impetus for these organizational changes, several of our
international business unit leaders have elected to move into new leadership
positions:

Rebecca McDonald, currently CEO of Enron APACHI, will join EWS as President
and CEO of Enron Global Assets. Enron Global Assets will have responsibility
for managing all of Enron,s existing energy asset portfolio outside of North
America and Europe.  Joining Rebecca in the Office of the Chairman as COO
will be Jim Hughes, currently COO of Enron APACHI.  Rebecca and Jim will
report to the EWS Office of the Chairman.

Sanjay Bhatnagar, currently CEO of Enron India, has joined EBS as CEO for the
Middle East and Asia region.  Sanjay will be responsible for building our
broadband business in this region and the current EBS team in this region
will report to Sanjay.  In this role, Sanjay will report to the EBS office of
the Chairman.  In addition, Sanjay will continue to remain responsible for
Enron,s wholesale energy business in India and will transition this business
into Enron Global Assets in the near future.

Diomedes Christodoulou, currently Co-CEO of Enron South America, has joined
EBS as Chief Commercial Officer.  Diomedes will be located in London and will
focus his origination activities on global opportunities, with near term
attention to the wholesale and enterprise sectors.  Diomedes will report to
the EBS Office of the Chairman.

Jim Bannantine, currently Co-CEO of Enron South America, will be joining EES
to lead EES, commercial efforts outside North America and Europe.  In order
to ensure a smooth transition for our South American businesses and to
facilitate our asset sales activities, Jim will remain in South America for
at least the next several months and continue to serve as CEO of Enron South
America.  Throughout the transition, Jim will report to Cliff Baxter and to
the Office of the Chairman of Enron Wholesale Services.  Following the
transition, Jim will join EES.

In addition to these changes in our international asset operations
activities, we are making the following changes in our merchant wholesale
businesses and the commercial support functions:

Enron Net Works
Louise Kitchen will assume Greg,s previous responsibilities as President and
CEO of Enron Net Works, reporting into Mark and Greg.

Enron Americas
Concurrent with the transfer to Enron Global Assets of responsibility for
operating Enron,s South and Central America asset base, all trading,
marketing, and new asset development activities in these regions will report
into a new entity, Enron Americas.  Enron Americas will have responsibility
for all wholesale merchant businesses across North, Central and South
America.  Dave Delainey, President and CEO, and John Lavorato, Chief
Operating Officer will comprise the Office of the Chairman for Enron
Americas.

Enron Europe
The Enron Europe organization, which includes Enron,s businesses in Australia
and Japan, and Enron Metals, remains unchanged under the leadership of John
Sherriff, President and CEO, and Michael Brown, Chief Operating Officer.

Enron Global Markets
Enron Global Markets, under the leadership of Mike McConnell, President and
CEO, and Jeff Shankman, Chief Operating Officer, will continue to have
responsibility for Enron,s Middle East and LNG operations.  With the
exception of Ecoelectrica in Puerto Rico, all operating power plants and
associated personnel in the Caribbean and Central America will transfer to
Enron Global Assets.  Enron Global Markets will also continue to manage the
commodity businesses in crude and products, coal, weather, insurance,
equities, interest rates, foreign exchange, and agricultural products.

Enron Industrial Markets
Enron Industrial Markets, organization, under the leadership of Jeff McMahon,
President & CEO, and Ray Bowen, Chief Operating Officer, remains unchanged.

Commercial Support for EWS
The commercial support functions for EWS will remain with, and be managed by,
the individual business units.  We are creating no incremental overhead in
the creation of EWS, and in fact hope to reduce our operating costs by more
efficient utilization and sharing of resources across EWS.

To this end we have asked several people to take on an expanded role across
EWS in addition to their ongoing roles within their business units.  These
newly defined roles are as follows:

Mid and Back Office Operations ) Sally Beck will lead Mid and Back Office
Operations across EWS.  These services will become part of Enron Net Works,
with Sally reporting to Louise Kitchen and Rick Causey, Executive Vice
President and Chief Accounting Officer.  This alignment creates a coordinated
services organization with IT and e-commerce platforms to support the
wholesale businesses and to maximize opportunities to commercialize these
services.  Mid and Back Office services for all commercial activities will
continue to be organized with dedicated operations controllers responsible
for specific commodities and/or geographic locations.
Legal ) Mark Haedicke will serve in the role of General Counsel for EWS.
Regulatory and Government Affairs ) This function will remain organized on a
regional basis.  Rick Shapiro will support all EWS businesses operating in
the Americas, and Mark Schroeder, who is based in London, will support all
European and Eastern Hemisphere operations.  Rick and Mark will also continue
to support all other Enron businesses operating in their respective regions
and will continue to report to Steve Kean, Executive Vice President and Chief
of Staff.
Public Relations ) This function is also organized primarily on a regional
basis.  Eric Thode will have responsibility for North American activity,
Enron Net Works, and Enron Industrial Markets.  Jackie Gentle will continue
in her role for Enron Europe (including Japan and Australia) and John Ambler
will have responsibility for activity outside North America and Europe as
well as providing support for Enron Global Markets and Enron Global Assets.
These individuals will also continue to have a split reporting relationship
to Mark Palmer, Vice President of Communications.
Business Analysis and Reporting ) Wes Colwell will expand his role to cover
EWS reporting in addition to his current role in North America.

Attached for your review is an organization chart for Enron Wholesale
Services which summarizes the changes described here.  As this organization
continues to evolve we will keep you informed of any additional changes.

ENRON GLOBAL EXPLORATION AND PRODUCTION
AND ENRON WIND

 As part of our company-wide initiative to examine our assets and investments
around the world, we are considering a variety of options with respect to
EGEP and EWC.  As a consequence, we are putting these businesses under Cliff
Baxter,s direction.  Jeff Sherrick, CEO of EGEP, and Jim Noles, CEO of Enron
Wind, will report to Cliff.

CORPORATE STAFF

 We are consolidating the corporate staff functions: Human Resources,
Government Affairs, Public Relations/Communications and Administration.  In
that regard, Cindy Olson, Executive Vice President of Human Resources and
Community Relations, will report to Steve Kean, Executive Vice President and
Chief of Staff.

COMMITTEE STRUCTURE

 In light of the increased leadership opportunities created by Enron,s
growth, the Executive Committee will be expanded to include more of our
business unit leaders.  The primary role of this committee will continue to
be the communication of relevant information across Enron,s businesses and
the coordination of activities across those businesses.  We will also be
drawing on this group to lead company-wide initiatives such as the
performance review process and evaluation and creation of new businesses.
The Executive Committee membership is shown on the attached list.

 We are also forming a new committee ) the Enron Corporate Policy Committee.
This group will be responsible for overall corporate policy, personnel
management policy and corporate strategy.  The Enron Corporate Policy
Committee membership is also shown on the attached list.

 We are confident that these changes will align our talent and our capital to
our highest return opportunities.  Please join us in congratulating and
supporting all of these individuals in their new roles.


the bucket - that is a great name

BRIAN HOSKINS@ENRON COMMUNICATIONS
03/20/2001 04:08 PM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject:

This is pretty bad...the KFC bucket?  Ed Glasscock is Mary Jane's father.

http://www.courierjournal.com/localnews/2001/03/20/ke032001s4394.htm

_____________________
Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
Brian_Hoskins@enron.net


Start Date: 1/12/02; DayAhead market;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011216.txt


Tim,

I don't know if you will get this email, so if you do send me one back.  Those girls from Sambuca what to go out, what's the deal?

Paul


Thanks for the info Ed.  This is great news.

Kenny, can you get this going ASAP!!!!!??

Matt

Edward_Attanasio@eott.com on 02/20/2001 07:49:31 PM

To:   Kenny_Maltby@eott.com, Scott_Jones@eott.com
cc:   Matt_Hughes@eott.com, Bob_Jacobs@eott.com, Susan_Ralph@eott.com,
      Molly_Sample@eott.com, Larry_Campbell%Enron@EOTT.COM,
      Rich_Jolly%Enron@EOTT.COM, John_Shafer@Enron.com,
      Louis_Soldano%Enron@EOTT.COM

Subject:  Rogas Line -- USFW Approval

     Randi McCormick just forwarded to me a letter addressed to EOTT, dated
February 14, 2001  from the US Fish and Wildlife Service approving our
project "for participation in the Kern Water Bank Compensation Bank," and
authorizing the Water Bank "to extend their incidental take authority to
you and your entire project under their Master Permit."  This is, of
course, very good news.

     The letter notes, however, that we still need to purchase compensation
acreage both at North Coles Levee and at the Kern Water Bank.
Specifically, we must do the following:  (1) contact Cheryl Harding of Kern
Water Bank to acquire 23.1 acres of compensation credits, and to get
included in their Master Permit; and (2) get Cheryl Harding a letter from
the Coles Levee Ecosystem Preserve (Mark Poe of Aera) stating that we have
purchased 15.3 acres of credits for North Coles Levee, or that we have set
aside that amount from credits we have in the past purchased.

     While I could make these contacts, I do not believe that would be wise
because -- as Kenny can attest -- our past experience has been that
whenever a lawyer contacts the Water Bank, it prompts them to automatically
get their lawyers involved.  And our experience has been that this only
slows things down -- or worse.

     My suggestion therefore is that one or both of you gentlemen contact
Cheryl as soon as practical and ask her for (1) proposed contract for
acquisition of 23.1 acres of compensation credits and (2) perperwork to
include EOTT (and its contractors) in their Master Permit.  She should also
be informed that, while we have not yet purchased the 15.3 acres of NCL
credits, we will by the end of this week have a letter of credit posted as
security, as allowed under our State Take Permit, to cover this amount of
acreage.  Ask whether a copy of this LC will suffice for her purposes, or
whether we will need to have the actual acreage purchased.

     As this would remove a major impediment to construction of the new
lines, it is important that we move on this will all deliberate speed.
Please call me if you have any questions, or if you would like otherwise to
discuss how to approach this issue.  Thanks a lot.

                          --ETA


Dear brad,  On Wednesday, we'll continue our live coverage of the 18th World Energy Congress in Buenos Aires, Argentina.  International Correspondent Wolfgang Vale will bring us reports and interviews throughout the day.   Washington Bureau Chief Peter Cook says they'll continue to bring us the very latest on energy legislation and how it's progressing. The bureau will also have updates on the anthrax scare in Washington.  Congressional office buildings were closed on Tuesday, but there's a possibility some could reopen as soon as Wednesday.   The Washington bureau will also cover Wednesday's FERC meeting as commissioners meet for the first time since the end of the weeklong workshop on Regional Transmission Organizations.  Peter says new proposals for developing RTOs in the Northeast and Southeast are among the issues on the FERC's agenda.   Dyonyx CEO Fred Pratt will talk with the Houston bureau about how companies can make current technologies work better for them. Dyonyx is a privately held information technology and management-consulting firm.  Join us for the Pratt interview from the Houston bureau on Wednesday.   We'll also get a Texas PUC update on Wednesday.  ENL's Gale Smith says we'll find out what electric providers are doing to increase security and what the Texas PUC is doing to monitor emergency preparedness in Texas.  Be sure to catch all this from the Houston bureau tomorrow.   California Power Authority Chairman S. David Freeman gives a reflective look back at the state's energy crunch from the West Coast bureau Wednesday.  Freeman also talks about how the state plans to stay out of the headlines in the future.   West Coast Correspondent Kym McNicholas says the San Onofre Nuclear Generating Station will go ahead with plans to set off its 49 sirens on Wednesday to make sure warning systems are operational.  Kym says they will continue the test despite their concerns of a jittery public in light of recent terrorist attacks.   Video Library Update: If you happened to miss it, check out ENL's interview with Senate Energy Committee Chairman Jeff Bingaman (D-NM).  Sen. Bingaman discussed the status of energy legislation in the Senate and the anthrax threat in Washington.   Keep in mind things are subject to change at a moment's notice. Occasionally guests cancel or change time slots.  We'll continue to do our best to keep you updated on future interviews and events.     Be sure to watch our newscasts every business day - 9 a.m. to 5 p.m. ET, at the top of each hour.

	 	Jay Rickerts, EnergyNewsLive.com Anchor  View today's Energy Wrap video   (Requires Windows Media Player or Real Player )   Experience all that Williams Energy News Live has to offer!   If you are receiving this letter for the first time and wish to continue, subscribe now    To stop receiving this letter, unsubscribe now    If you are having trouble receiving this e-mail, please let us know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Comments? Suggestions? Let us  know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Copyright 2001 Williams Energy News Live, LLC. All  Rights Reserved.


Dear Mr. Chairman:
Thanks for your excellent leadership, generosity and thoughtfulness. It reminds me of a story of an old man who is walking along the beach early in the morning. As the tide is going out and sun is coming up, it gets lighter and lighter and the old man spies a figure running along the beach, appearing to be dancing. When he finally gets close enough he sees that it's a young boy, picking up star fish that he finds lying in the sand...throwing them back into the ocean. "What on earth are you doing?", says the old man to the boy. The boy stops and says, "The tide is going out and soon the sun will be high in the sky. These star fish will be stranded here in the hot sun and if they're not put back in the water, they'll die." The old man looked at the boy and looked at the beach. "You have an impossible task ahead of you. The beach stretches on and on for miles. There are hundreds of starfish. What possible difference can you make?" The boy stooped down, picked up a star fish and flung it out into the water. Then he turned and looked at the old man and said, "It made a difference to that one."
You've probably heard that story before...but... That's what it's all about...making a difference. At the heart of every successful organization, there are "great people who do great things."
Thank you once again and we wish to have your continued leadership.
Best Regards
Jitendra

 -----Original Message-----
From: 	Ken Lay - Office of the Chairman
Sent:	Tuesday, November 13, 2001 6:24 PM
To:	DL-GA-ALL_enron_worldwide6
Subject:	Change of Control Provisions

As many of you know, I have a provision in my employment contract which provides for a payment of $20 million per year for the remaining term of my contract in the event of a change of control of Enron.  The merger with Dynegy, or a similar transaction with any other company, would trigger this provision on closing.  Assuming the merger with Dynegy is closed within 6-9 months, as we expect, this provision would entitle me to total payments of slightly more than $60 million.

Many CEOs have change of control provisions in their employment contracts and mine has been in place since 1989.  But given the current circumstances facing the company and our employees, I have been giving a lot of thought these last few days to what to do about this payment.  Initially, I thought I would use part of the funds for a foundation for our employees and take the remainder in stock and cash.  However, after talking to a number of employees this afternoon, I have decided that the best course of action would be for me to waive my right to any of this payment.  Therefore, at closing, I will receive no payments under this provision.

I know this action does not remedy the uncertainty that you and your families face.  But please know that I will continue to do everything in my power to serve the best interests of Enron's employees and shareholders.  I am still very proud of what we have built at Enron, and I want to continue working with all of you to correct the problems and restore Enron to its rightful place in the energy industry.

Thank you.


Heeeeeeeeeeeeee Haaaaaaaaaaawww!!!!!   Gouge dat taht moh!

	"Thompson, Thomas W." <ttt@cpuc.ca.gov>
	07/09/2001 05:07 PM

		 To: "'Jeff.Dasovich@enron.com'" <Jeff.Dasovich@enron.com>
		 cc:
		 Subject: just thinkin'

I just looked down onto the mouse pad I've been using for the past four years
(literally) and I notice that it advertises the "Transwestern Pipeline
Company - An ENRON Company".
Insidious; it has influenced my every click over these past years...Oh, how
the Taht Moh turns!


This request has been pending your approval for  27 days.  Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000079989&Page=Approval to review and act upon this request.

Request ID          : 000000000079989
Request Create Date : 12/26/01 9:53:43 AM
Requested For       : brian.redmond@enron.com
Resource Name       : eConnect - VPN  Tier 2 - Full Access
Resource Type       : Applications


TECHNOLOGY FOR ALL UPDATE FOR OCTOBER, 2000

ENRON ANOUNCES EMPLOYEE PROGRAM
 Computers and Broadband access to be given to Employees
 Employees encouraged to donate Computers to TFA

$45 MILLION SMARTFORCE DONATION TO BE ANNOUNCED NOVEMBER 15
 450,000 online courses over three years
 SmartJobs to be Key Component

AMERICA CONNECTS CONSORTIUM
 TFA Participating as "friend"
 Online Resources to be Shared

BLUECURRENT RELATIONSHIP FINALIZED
 Will manage and deliver Corporate Technology Assets
 Potential is 12 million computers redeployed over five year

LINCT COALITION "LEARN AND EARN" PROGRAM TO EMPOWER

DIGITAL DIVIDENDS CONFERENCE, SEATTLE
         TFA begins discussion with Hewlett Packard
  International Contacts developed

ASIA FOUNDATION RELATIONSHIP BEING DEVELOPED

LAY AND TROTTER ASSIST IN FUNDRAISING EFFORTS
 Houston Foundations Approached First with requests for $5 million
 Corporations and Friends Next
 Capital Infusion required to help TFA build capacity and long term
sustainability

PROGRESS CONTINUES ON IVERCITY DEAL
 Content to be created for TFA's constituents
 Convertible Royalty for TFA

ROSEMARIE FOSTER TO JOIN TFA AS ADMINISTRATIVE ASSISTANT

DISCUSSIONS WITH INTERNET POLICY INSTITUTE

NEW YORK, LOS ANGELES, WASHINGTON DC, SAN DIEGO, ATLANTA

ROAD-SHOW.COM DONATES WEBCAST PRODUCTION
****************************************************
ENRON ANOUNCES EMPLOYEE PROGRAM
On October 5, Enron announced "it will give employees of its wholly owned
subsidiaries a high-speed computer and Internet connection, including
broadband connectivity, for use at home, beginning in 2001.   .......Through
a company-wide computer drive, employees will be able to donate their
existing home computers to Technology For All (www.techforall.org) , a
national program working to bridge the digital divide."   Technology For All
thanks Ken Lay for his leadership in this decision that also helps TFA serve
America's underserved and disadvantaged.
For more information, the full press release is located at
http://www4.enron.com/corp/pr/releases/2000/ene/87-PC-Enron.html .

$45 MILLION SMARTFORCE DONATION TO BE ANNOUNCED NOVEMBER 15
On November 15 TFA and SmartForce
(http://www.smartforce.com/corp/marketing/default.htm ) will post a joint
press release announcing the donation of 450,000 scholarships for SmartForce
eLearning courses to be delivered through the TFA secure website to end
users seeking training with TFA collaborative program partners across the
US.  The 600 online courses available through the program are in English and
Spanish and include everything from computer basics to various levels of
technical certification. This generous gift to TFA will be utilized over a
three year period and has a retail value of approximately $45 million. A key
component of the gift will be the inclusion of a "SmartJobs" section on the
web site that will list companies doing business with SmartForce that have
pledged to interview job applicants who successfully complete training
through a TFA/SmartForce course. Scott Yeager will call Greg Priest, CEO of
Smarforce, on behalf of TFA and thank him for this generous gift toward the
Technology For All initiative.

AMERICA CONNECTS CONSORTIUM
TFA is working with the America Connects Consortium (ACC) to help support
Community Technology Centers across the US. The ACC received recently
received a $2 million Department of Education  grant to support CTC efforts.
The benefits to TFA include program support for existing TFA programs and
the ability to share best practices across the US. The consortium will
assist TFA in its city by city model by helping encourage exisiting
organizations to work together. In addition to sharing TFA online content
TFA will also host online curriculum resources created by the consortium on
the private side of our web site.  The work of the Consortium will begin
with an organizational meeting in Boston, November 15-16.  For more
information read the full release posted on the TFA web site at.
http://www.techforall.org/showdoc.cfm?id=35&ret=new

BLUECURRENT RELATIONSHIP FINALIZED
TFA recently signed a Memorandum of Understanding with Bluecurrent.  Through
the relationship Bluecurrent will assist TFA with the management and
donation of corporate technology assets across the US.  Through the creative
use of donated assets as "currency" the Bluecurrent relationship will save
TFA $13.5 million in projected cash expenses over the next five years to
process and redeploy corporate technology assets donated to TFA.  In
addition, we believe this relationship will dramatically increase the
computers available to TFA and its program partners.  For more information
about Bluecurrent go to http://www.bluecurrent.com .

LINCT COALITION "LEARN AND EARN" PROGRAM TO EMPOWER
One of the beneficiaries of the Bluecurrent relationship will be the ability
of TFA to more quickly rollout the TFA/LINCT coalition "Learn and Earn"
Program. This program will allow disadvantaged persons who participate in
the program to learn how to use a computer and then mentor another person
using the same curriculum. By completing both parts of this cross-age peer
tutoring program, participants will then "earn" a computer to take home,
thus creating new opportunities for education and economic empowerment.
More information about the LINCT coalition "learn and earn" program can be
found at http://www.linct.org/

DIGITAL DIVIDENDS CONFERENCE, SEATTLE
Two weeks ago I attended the Digital Dividends Conference in Seattle.  The
focus of the Conference was "creating digital dividends" and exploreing
innovative approaches to closing the global digital divide.  The conference
was hosted by the World Resources Institute, chaired by William D.
Ruckelshaus, and reviewed business modesl and market development strategies
to close the digital divide.  I made several important connections at the
conference including key personnel with Hewlett Packard.  Carly Fiorina,
HP's CEO, announced a huge global initiative by Hewlett Packard to address
the digital divide in 1000 villages across the world.

ASIA FOUNDATION RELATIONSHIP BEING DEVELOPED
Through the introduction of Enron lobbyist David Merrill, former ambassador
to Bangladesh during the Bush adminstration, TFA met last week with the
President and several staff members of the Asia Foundation. The Asia
Foundation supports economic development and other efforts in Asia and is
funded by private contributions and the US State Department. The Asia
Foundation indicated an interest in working together with TFA in the future
as Enron expands its backbone to Japan and other Asian countries.

LAY AND TROTTER ASSIST IN FUNDRAISING EFFORTS
TFA and its local affiliate Technology For All-Houston are working together
to follow through on grant requests of $5 million over a three year period
from Houston area foundations.  We have had initially o\positive responses
from Houston Endowment and the Brown Foundation as well as several smaller
foundations including the Hamman Foundation and the Sterling Turner
Foundation. We are also preparing requests to Houston area corporations and
friends of TFA that will go out in the next few weeks.  A bridge loan from
the Redstone bank has been secured to get us through the next couple of
months. TFA anticipates a need for $4.5 million in cash over the next twelve
months to help us build capacity and long term sustainability.  With the
creative business relationships being created we expect to be able to insure
sustainability of the organization after the initial capacity is secured.
However, until that time, TFA will be dependent upon the cash and in-kind
contributions of foundations, corporations, its board members and friends.

PROGRESS CONTINUES ON IVERCITY DEAL
The IverCity "deal" is an example of an innovative and creative solution for
long-term sustainability.  Through the co-branding of the TFA/IverCity web
site, we hope to drive web users to IverCity content and thus create the
potential for a IverCity liquidity event that will benefit TFA's long term
capital needs.  Jack Clark has done a superb job creating the draft of the
legal document outlining the deal.  We thank Jack Trotter for his suggestion
to create a convertible royalty rather than just equity by itself.  The
benefit to TFA is the ability for TFA to be compensated by the number of
users we direct to the IverCity content which will be useful to TFA
constituents.

ROSEMARIE FOSTER TO JOIN TFA AS ADMINISTRATIVE ASSISTANT
Effective, November 20, Rosemarie Foster will be joining the TFA staff
fulltime as administrative assistant.  She will begin working some partime
hours this week. Thanks to Jack Trotter and Jack Clark for providing office
space for Rosemarie.  Additional TFA staff are being c\interviewed to assist
with fund-raising, program development, web site development and network
infrastructure support.

DISCUSSIONS WITH INTERNET POLICY INSTITUTE
Justin Cornett represented TFA recently at a "town hall" meeting of the
Internet Policy Institute (IPI) in Austin.  The IPI will be working with TFA
in our Washington DC rollout. We will be meeting with them again next week
in DC. We thank Ken Lay for his initial introductions to the board members
and staff of the IPI.

NEW YORK, LOS ANGELES, WASHINGTON DC, SAN DIEGO, ATLANTA
Through introductions from TFA board members and others we are beginning to
develop key contacts in each of the cities noted above. Board assistance
will be required as we also seek to develop co-branding corporate
relationships.  As per the wishes of the board, we are focused on New York,
Washington DC, and Los Angeles first.  We will keep you posted and request
your assistance as appropriate.

ROAD-SHOW.COM DONATES WEBCAST PRODUCTION
Road-Show.com, an Enron customer, recently donated a webcast for TFA to
utilize on its website.  The url for the site is listed below and will soon
be accessible from TFA's web site as well.
http://webevents.road-show.com/rs_TI/9282000/linkto_fta.htm

Thanks for your support!

Will
---------------------------
Technology For All
"Creating Opportunities Through Access"

Will Reed
109 North Post Oak Lane, Suite 425
Houston, Texas  77024
USA

713.316.5750
Direct 713.316.5761
FAX 713.316.5790
Cell 713.806.1622

TFA Network Operations Center
3403 Marquart
Suite 204
Houston, Texas  77027
713.961.0012
http://www.techforall.org
E-Mail will.reed@techforall.org


Joe Hunter has asked me to draft a form of confirmation reply letter that we
could send to our counterparties in lieu of signing their confirmations.
This form of letter with the appropriate chnages could also be used by those
counterparties that we confirm.  Please let me know if you have any comments
on this form or any concerns about implementing this process.  Thanks.
Carol


---------------------- Forwarded by Mike Grigsby/HOU/ECT on 06/28/2000 04:42
PM ---------------------------

	From:  Phillip K Allen                           06/27/2000 04:40 PM

To: Mike Grigsby/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect
cc:
Subject: West Power Strategy Materials

---------------------- Forwarded by Phillip K Allen/HOU/ECT on 06/27/2000
04:39 PM ---------------------------

TIM HEIZENRADER
06/27/2000 11:35 AM
To: John J Lavorato/Corp/Enron@Enron, Phillip K Allen/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT
Subject: West Power Strategy Materials

Charts for today's meeting are attached:


Hi Carlos

If things aren't better next week, I may need ask for your help (ie, dump
this).  It depends on how Delta and Yazoo City shake out.  Hopefully, it
won't be too bad.

Be sure to check out the black line.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/04/2001 01:43
PM ---------------------------

"DeBerry, Jeremiah A." <JeremiahDeberry@paulhastings.com> on 04/02/2001
11:14:08 AM
To: "'Kay.Mann@Enron.com'" <Kay.Mann@Enron.com>, "'JKeffer@KSlaw.com'"
<JKeffer@KSlaw.com>
cc: "'Michael.Young@NorthWestern.com'" <Michael.Young@NorthWestern.com>,
"Kahn, Marguerite R." <MargueriteKahn@paulhastings.com>

Subject: Turbine Purchase - Letter Agreement

"paulhastings.com" made the following annotations on 04/02/01 12:14:16
------------------------------------------------------------------------------
NEW E-MAIL ADDRESSES AT PAUL, HASTINGS, JANOFSKY & WALKER LLP

We have changed our e-mail address.  Our new domain name is
paulhastings.com.  In most cases, our address is composed of
conventional first name and last name plus @paulhastings.com.  Here are
two examples: janesmith@paulhastings.com and danjones@paulhastings.com.
If you have any questions, please contact us at noc@paulhastings.com.

==============================================================================
"The information transmitted is intended only for the person or entity
to which it is addressed and may contain confidential and/or privileged
material. Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you
received this in error, please contact the sender and delete the
material from all computers."

==============================================================================

In connection with  the above referenced matter, attached for your review
are?clean and  blacklined copies of the Letter Agreement.? The blacklined
copy has been  marked to indicate changes made to the initial draft provided
by  Enron.
?
Please note that the  attached draft of the Letter Agreement has not been
reviewed by NorthWestern,  and therefore remains subject, in all respects, to
NorthWestern's review and  comments.?
?
Please contact me  with any questions or comments.
************************************************
Jeremiah A. DeBerry, Esq.
Paul Hastings Janofsky & Walker  LLP
399 Park Avenue
New York, New York 10022
Phone: (212) 318-6458
Fax:???? (212)  319-4090
?
?
 - Clean Copy -  LETTER AGREEMENT.wpd
 - BLACKLINE -  LETTER AGREEMENT.wpd


Airlines!

	Louise Kitchen
	06/09/2000 04:32 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: IMPORTANT-please read

Continental???

From: Tana Jones on 09/06/2000 16:30
To: Dave Samuels/HOU/ECT@ECT, Julie Ferrara/HOU/ECT@ECT, Rahil
Jafry/HOU/ECT@ECT, Bob Shults/HOU/ECT@ECT, Louise Kitchen/HOU/ECT@ECT, David
Forster/Corp/Enron@Enron, Michael Danielson/HOU/ECT@ECT, Kal
Shah/HOU/ECT@ECT, Daniel Diamond/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT

Subject: IMPORTANT-please read

I just spoke to Mark Taylor and he has requested that we be more specific
about the nature of the project we are working on in our confidentiality
agreements.  On a going forward basis can you please provide that information
along with the other info you give me.  Thanks!

I will be out of the office Monday and Tuesday.  If you have a RUSH
Confidentiality Agreement that can't wait until Wednesday, call Mark Taylor
at x37459 and he will find someone else in our Group to prepare it.

Louise, don't worry about Continental.  Mark is working on getting it signed
in my absence!


Puto,

What's going on dude? Antigua was awesome. I survived it without a problem.
Heather moving in has been a different story. I didn't realize how much
"stuff" you could pack into a one bedroom apartment. How is your love life.
The gal from the wedding was pretty hot. Are you still chasing that? Lets
get together soon. Our extra bedroom is nicer now. My old bed got tossed in
a dumpster. It smelled like shit.

Talk to you later
GT

-----Original Message-----
From: Gerald.Nemec@enron.com [mailto:Gerald.Nemec@enron.com]
Sent: Monday, March 26, 2001 4:12 PM
To: gtownsend@manorisd.net
Subject: Hey Bud

How is it going?  Did you survive the honeymoon?