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NFL Reports, Player Updates

Latest NFL Player News

Jay Fiedler, QB MIA - Free Agent Updated 12/29/01
Fiedler has been added to Miami's injury report with a sore throwing elbow. He is listed as probable for Sunday's game against Atlanta, and is expected to start.  If you're desperate for a quarterback, Fiedler's matchup vs. the Falcons is a good one.

Steve McNair, QB TEN - McKay Updated 12/29/01

McNair was excused from practice on Friday due to a family illness. He is listed as questionable for Sunday's game against Cleveland, but he's expected to start.

Larry Foster, WR DET - Free Agent Updated 12/29/01
Foster (thigh) is expected to play in Sunday's game against Chicago. However, he is far too risky to start at this point in the Fantasy season.

Bert Emanuel, WR DET - McKay Updated 12/29/01

Emanuel (knee) is expected to play on Sunday against Chicago. However, he's too risky to start at this point in the Fantasy Football season.

Muhsin Muhammad, WR CAR - TayDang Updated 12/29/01
Muhammad (turf toe) will not play this week, and may miss the rest of the season. Isaac Byrd will likely start in his place again.

 Seahawks, DT SEA - TayDang Updated 12/29/01

CB Shawn Springs, who was suspended for the past four games, will not start on Sunday against San Diego. He may play a reserve role, however, but his playing time will likely be limited.

Todd Bouman, QB MIN - Free Agent Updated 12/29/01
Bouman will miss Sunday's game against Green Bay due to a thumb injury. Spergon Wynn will start in his place.

Spergon Wynn, QB MIN - Free Agent Updated 12/29/01

Wynn will start Sunday's game against the Green Bay Packers in place of the injured Todd Bouman. Wynn, who played in most of last week's loss to Jacksonville, is far too inexperienced to start this deep into the Fantasy season.

Drew Bledsoe, QB NE - Top Dogs Updated 12/29/01
According to published reports, the Chicago Bears are interested in acquiring Bledsoe. With Tom Brady seemingly entrenched as New England's quarterback, it seems that Bledsoe has become expendable to the Patriots. The move would certainly improve the Bears' passing game, but no deals would likely be made until sometime in the spring.

Martin Gramatica, K TB - TexOK Updated 12/28/01
Gramatica has still not been ruled out for Saturday's game, although the Buccaneers have signed veteran kicker Doug Brien as insurance. Even if Gramatica can play, he will be a very risky Fantasy starter.

Warrick Dunn, RB TB - TexOK Updated 12/28/01
Dunn's status is day to day with a toe injury. He is expected to play this week, but Mile Alstott has been the most productive back on the team in recent weeks.

Michael Westbrook, WR WAS - McKay
Updated 12/28/01
Westbrook's status is day to day with a knee injury. He is expected to play this week.

MarTay Jenkins, WR ARI - Free Agent Updated 12/28/01
Jenkins may miss his second consecutive game with an ankle injury this week. Arnold Jackson would replace him as Arizona's third receiver.

Brian Finneran, WR ATL - Free Agent Updated 12/28/01
Finneran is listed as probable with a knee injury. He is expected to play this week.

Tyrone Davis, TE GB - Free Agent Updated 12/28/01
Davis has been elevated to the No. 2 tight end slot over rookie David Martin. He will see a considerable amount of playing time now that he is healthy, because Green Bay employs many double tight end sets in the red zone.

Oronde Gadsden, WR MIA - Free Agent Updated 12/28/01
Gadsden has been practicing this week and may be able to play. But his hamstring injury may limit his productivity.

Steve McNair, QB TEN - McKay Updated 12/28/01
McNair was limited in practice on Thursday. He is still expected to play this week, but he is a risky Fantasy starter because he will be less than 100 percent healthy.

Jimmy Smith, WR JAC - Hardtail Amigos Updated 12/28/01
Smith (flu) has missed practice time this week. He is still expected to play.

Joe Horn, WR NO - Free Agent
Updated 12/28/01
Horn suffered a minor shoulder injury in practice on Thursday. He is expected to start this week.

Aaron Shea, TE CLE - Free Agent Updated 12/28/01
Shea (shoulder) has been placed on injured reserve. O.J. Santiago will continue to be Cleveland's No. 1 tight end while he is out.

Jason Brookins, RB BAL - Free Agent Updated 12/28/01
Brookins has returned to practice and is listed as probable. But he still may not see any game action until Week 17.

Emmitt Smith, RB DAL - Pink Panthers Updated 12/28/01
Micahel Wiley may miss this week's game with a hip injury. Smith is expected to appear on third downs this week as well as assuming his normal workload.

James Thrash, WR PHI - Free Agent Updated 12/28/01
Thrash (ankle) returned to practice on Thursday. he is expected to play this week.

Wesley Walls, TE CAR - Pink Panthers
Updated 12/28/01
Walls missed practice on Thursday with a knee injury. He may be a gametime decision this week.

Maurice Smith, RB ATL - Free Agent Updated 12/28/01
A banged-up Smith Toe/knee)  will continue to start for the Falcons. But Dan Reeves has indicated Rodney Thomas will continue to get some work at halfback.

Bob Christian, RB ATL - Free Agent Updated 12/28/01
Christian is day to day with a calf injury. He is expected to play this week.

Stephen Davis, RB WAS - TexOK Updated 12/28/01
Davis (knee) has returned to practice. He is expected to start this week.

Todd Bouman, QB MIN - Free Agent Updated 12/28/01
Bouman took a few snaps Thursday but didn't appear to meet coach Dennis Green's "full strength" criteria for starting against Green Bay.   Spergon Wynn is likely to start Sunday, though coaches didn't discuss the issue after Thursday's practice. Bouman didn't participate in the team's morning walk-through, when players work on plays without fully suiting up. And during the portion of the regular!
 p!
ractice that reporters were allowed to watch, Wynn took more snaps than Bouman. A trainer said Wynn continued to take more snaps later in the closed portion of practice.

Jerome Bettis, RB PIT - The Rocks Updated 12/28/01
Bettis, sidelined by a groin injury, returned to the practice field Thursday for the first time in a month. "Still questionable," coach Bill Cowher said. "He did more today. We'll see how he feels (Friday) and go from there. We'll take it day to day."

Doug Brien, K TB - Free Agent Updated 12/28/01

Brien signed a one-year contract Thursday night with the Tampa Bay Buccaneers, who will use him against Baltimore if Martin Gramatica can't kick this week. Gramatica strained his right hamstring during a 48-21 victory over the Saints last week. Coach Tony Dungy hasn't ruled him out for Saturday night's game against Baltimore, however the club wanted to have a backup plan in case the Pro Bowl kicker isn't ready.

More Updates

Schedule, Breakdown

Grigsby

Player	Pos	Points

Manning, Peyton	QB	0.0

Faulk, Marshall	RB	0.0

Garner, Charlie	RB	0.0

	WR	0.0

Crowell, Germane	WR	0.0

Galloway, Joey	WR	0.0

Conway, Brett	K	0.0

Jaguars	DT	0.0

TOTAL	 	0.0

Chargers	DT	0.0

Ward, Hines	WR	0.0

	QB	0.0

Barber, Tiki	RB	0.0

Price, Peerless	WR	0.0

[Morris, Bam]	RB	0.0

		at FJS

Player	Pos	Points

Brunell, Mark	QB	0.0

	RB	0.0

Martin, Curtis	RB	0.0

	WR	0.0

Connell, Albert	WR	0.0

Moore, Rob	WR	0.0

Vanderjagt, Mike	K	0.0

Vikings	DT	0.0

TOTAL	 	0.0

	RB	0.0

Stewart, Kordell	QB	0.0

	RB	0.0

Jett, James	WR	0.0

McCardell, Keenan	WR	0.0

Richardson, Tony	RB	0.0

Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc.
Your site can be reached from http://fantasy.sportsline.com

FB10SP


Please see attached letter.

Scott A. Turner
Blake, Cassels & Graydon LLP
Suite 2600, Three Bentall Centre
595 Burrard Street, PO Box 49314
Vancouver, BC  V7X 1L3

Tel:  604.631.3318
Fax:  604.631.3309
E-mail:  sat@blakes.com

This e-mail communication is confidential and legally privileged.  If you are
not the intended recipient, please notify me at the telephone number shown
above or by return e-mail and delete this communication and any copy
immediately.  Thank you.

 - LtrtoRSa.DOC


The following basic assumptions concerning gas capacity requirements for the Fort Pierce project were confirmed today at a meeting attended by Dave Fairley, Ed McMichael, Ruth Concannon, Mark Breese, Eric Boyt, and Charlie Weldon.   (NOTE:  The heat rates and MW are subject to change pending final engineering evaluation.  The intent of this note is to document the overall runtime assumptions.)

1) During the summertime months of May through September, the plant is expected to run 16 hours per day in a mode where  Enron's 200 MW are dispatched as are Ft. Pierce's 82MW.

2)  Enron will purchase summertime capacity only sufficient to allow running 200 MW for 16 hours per day at our "bought-down" heat rate of 6690.  This equals 22,300 MMBTU/day and will allow for taking the full daily capacity in only a 16 hour period (6% per hour)  The table below summarizes the monthly capacity requirements:

   MONTH	Total Capacity Needed By Enron	Ft. Pierce Capacity (from FGU)	Phase VI Capacity 	Capacity From East Desk
May	22,300	0	22,300	0
June	22,300	0	22,300	0
July	22,300	0	22,300	0
August	22,300	0	22,300	0
September	22,300	0	22,300	0

  NTOE:  Prior to Phase VI completion, the project will purchase capacity from the East Desk.

3)  Ft. Pierce will use its existing FT via FGU to secure its gas requirements at the 9500 contractual heat rate for the 16 hours it is dispatched in the summer.

4)  For the winter months of October through April, the plant is expected to run 16 hours per day in a mode where Ft. Pierce is not dispatched, thus leaving Enron with 282MW at the overall plant heat rate of 7500.  This equates to 35,251 MMBTU/day and allows for taking the full capacity in only 16 hours (6% per hour)

5)  Because Ft. Pierce will not be dispatched during the winter, their unused capacity via FGU will be available for Enron.  These amounts differ by month as summarized in the table below.

6) Enron will purchase wintertime capacity only sufficient to allow running 282 MW for 16 hours per day at a 7500 heat rate, less the monthly capacities available from Ft. Pierce via FGU.  These non-FGU purchased quantities will come from the Phase VI capacity and the East Desk as shown below:

   MONTH	Total Capacity Needed By Enron	Ft. Pierce Capacity (from FGU)	Phase VI Capacity (Nov-Mar = 28% of Summer)	Capacity From East Desk
October	35,251	14,665	22,300	0
November	35,251	14,595	6,244	14,412
December	35,251	14,895	6,244	14,112
January	35,251	16,547	6,244	12,460
February	35,251	15,317	6,244	13,690
March	35,251	15,317	6,244	13,690
April	35,251	15,317	22,300	0

NOTE:  Prior to Phase VI completion , the project will purchase capacity from the East Desk.

7)  Backup documentation supporting the hourly gas requirement in each dispatch mode is attached to this memo.


FirstEnergy Trading Services, Inc. merged into FirstEnergy Services Corp.
(Services) effective 12/31/2000.  Notice has been given that they are
assigning the Master Energy Purchase and Sale Agreement to Services.


The NYMEX was closed on Friday so I was off.  We can try this week if you're
available.

DG

Greg_Carrow@valic.com on 04/13/2001 09:43:54 AM
To: Darron.C.Giron@enron.com
cc:
Subject: lunch

You have any lunch plans?  I should be available today.  If you can go, I
can drive.  How's about 11:30?

Let me know

GC


Paulo,

Can you please, help him with this?

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/15/2000
10:06 AM ---------------------------

	Enron North America Corp.

	From:  Mike Barry @ ENRON                           11/15/2000 07:55 AM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: REQUEST for historical curve information

Vince,

Per our conversation this morning, I would appreciate the following
historical curve information as soon as possible:

1.  On February 17,2000, what was the summer '00 strip for Vent to ML 7,
Demarc to ML 7, and Vent to Chicago

2.  On July 27, 2000, what was the August '00 strip for Vent to Chicago

3.  On May 9, 2000, what was the May '00 strip for Vent to Chicago

4.  On May 30, 2000, what was the June strip for Vent to Chicago

5.  On June 29, 2000, what was July Strip for Vent to Chicago

6.  On Sep. 29, 2000, what was the October strip for Vent to ML 7

Thank you in advance for your prompt attention to this matter.  Please call
me if you have any questions.  Thanks again!

Mike Barry
402/ 398 - 7105


Hi Mike,

I haven't heard anything from Dave.  Could I call him directly?

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/06/2000 05:24
PM ---------------------------

Kay Mann
11/30/2000 01:54 PM
To: michael.o.sandridge@us.abb.com
cc:

Subject: Facility agreement

Hi Mike,

Here's a draft of the facility agreement for your review.

Thanks,

Kay

PS I think I have a redline somewhere.  I'll check.


Here's a pretty good article on Enron that was sent to all of EES.
It may not be a bad idea to send it to all of ENW.

-anthony

 -----Original Message-----
From: 	Mahoney, Peggy
Sent:	Monday, November 19, 2001 10:29 AM
To:	All EES@ENRON
Subject:	What Enron Did Right

A great editorial in the Wall Street Journal today.

Manager's Journal:
What Enron Did Right
By Samuel Bodily and Robert Bruner

11/19/2001
The Wall Street Journal
A20
(Copyright (c) 2001, Dow Jones & Company, Inc.)

  This is a rough era for American business icons. Subject to the
vagaries of age (Jack Welch), product failure (Ford/Firestone tires),
competition (Lucent, AT&T), technology (Hewlett-Packard and Compaq), and
dot-bomb bubbles (CMGI), managers and their firms remind us that being
an icon is risky business. The latest example is Enron, whose fall from
grace has resulted in a proposed fire sale to Dynegy.

   Once considered one of the country's most innovative companies, Enron
became a pariah due to lack of transparency about its deals and the odor
of conflicts of interest. The journalistic accounts of Enron's struggles
drip with schadenfreude, hinting that its innovations and achievements
were all a mirage.
   We hold no brief regarding the legal or ethical issues under
investigation. We agree that more transparency about potential conflicts
of interest is needed. High profitability does not justify breaking the
law or ethical norms. But no matter how the current issues resolve
themselves or what fresh revelations emerge, Enron has created an
enormous legacy of good ideas that have enduring value.

   -- Deregulation and market competition. Enron envisioned gas and
electric power industries in the U.S. where prices are set in an open
market of bidding by customers, and where suppliers can freely choose to
enter or exit. Enron was the leader in pioneering this business.

   Market competition in energy is now the dominant model in the U.S.,
and is spreading to Europe, Latin America, and Asia. The winners have
been consumers, who have paid lower prices, and investors, who have seen
competition force the power suppliers to become much more efficient. The
contrary experience of California, the poster child of those who would
re-regulate the power industry, is an example of not enough
deregulation.

   -- Innovation and the "de-integration" of power contracts. Under the
old regulated model of delivering gas and electricity, customers were
offered a one-size-fits-all contract. For many customers, this system
was inflexible and inefficient, like telling a small gardener that you
can only buy manure by the truckload. Enron pioneered contracts that
could be tailored to the exact needs of the customer.

   To do this, Enron unbundled the classic power contract into its
constituent parts, starting with price and volume, location, time, etc.,
and offered customers choices on each one. Again, consumers won. Enron's
investors did too, because Enron earned the surplus typically reaped by
inventors. Arguably, Enron is the embodiment of what economist Joseph
Schumpeter called the "process of Creative Destruction." But creative
destroyers are not necessarily likable, pleasant folks, which may be
part of Enron's problem today.

   -- Minimization of transaction costs and frictions. Enron extended
the logic of de-integration to other industries. An integrated paper
company, for instance, owns forests, mills, pulp factories, and paper
plants in what amounts to a very big bet that the paper company can run
all those disparate activities better than smaller, specialized firms.
Enron argued that integrated firms and industries are riddled with
inefficiencies stemming from bureaucracy and the captive nature of
"customers" and "suppliers." Enron envisioned creating free markets for
components within the integrated chain on the bet that the free-market
terms would be better than those of the internal operations. The
development of free-market benchmarks for the terms by which divisions
of integrated firms do business with each other is very healthy for the
economy.

   -- Exploiting the optionality in networks. In the old regulated
environment, natural gas would be supplied to a customer through a
single dedicated pipeline. Enron envisioned a network by which gas could
be supplied from a number of possible sources, opening the customer to
the benefits of competition, and the supplier to the flexibility of
alternative sourcing strategies. Enron benefited from controlling
switches on the network, so that they could nimbly route the molecules
or electrons from the best source at any moment in time to the best use,
and choose when and where to convert molecules to electrons. This
policy, picked up by others in the industry, created tremendous value
for both customers and suppliers.

   -- Rigorous risk assessment. The strategy of tailored contracts could
easily have broken the firm in the absence of a clear understanding of
the trading risks that the firm assumed, and of very strong internal
controls. Enron pioneered risk assessment and control systems that we
judge to be among the best anywhere. Particularly with the advent of
Enron Online, where Enron made new positions valued at over $4 billion
each day, it became essential to have up-to-the-second information on
company-wide positions, prices and ability to deliver.

   The unexpected bad news from Enron has little to do with trading
losses by the firm, but with fears among trading partners about Enron's
ability to finance its trading activity. In a world where contracts and
trading portfolios are too complex to explain in a sound bite,
counterparties look to a thick equity base for assurance. It was the
erosion in equity, rather than trading risk, that destroyed the firm.

   -- A culture of urgency, innovation and high expectations. Enron's
corporate culture was the biggest surprise of all. The Hollywood
stereotype of a utility company is bureaucratic, hierarchical, formal,
slow, and full of excuses. And the stodgy images of a gas pipeline
company -- Enron only 15 years ago -- is even duller and slower. Enron
became bumptious, impatient, lean, fast, innovative, and demanding. It
bred speed and innovation by giving its professionals unusual freedom to
start new businesses, create markets, and transfer within the firm.

   Success was rewarded with ample compensation and fast promotion, and
an open-office design fostered brainstorming. The firm's organization
and culture was by all accounts not a safe haven for those who believe
the role of a large corporation is to fulfill entitlements for jobs.
This was a lightning rod for the firm's detractors. And yet, it could
serve as a model for more hide-bound enterprises to emulate.

   Enron was a prolific source of compelling new ideas about the
transformation of American business. It created a ruckus in once-quiet
corners of the business economy. It rewrote the rules of competition in
almost every area in which it did business. It thrived on volatility.

   The proposed sale of Enron to Dynegy risks the loss of a major R&D
establishment, especially given Dynegy's track record as a second mover
following Enron's lead. Beyond what is likely to be a difficult and
time-consuming antitrust review, Dynegy's greater challenge will be to
find a way to make Enron's spirit of innovation its own. Or so we all
should hope, because prosperity depends on the ability of firms to
reinvent themselves and remake their industries.

   ---

   Messrs. Bodily and Bruner are professors at the University of
Virginia's Graduate School of Business Administration.


Mark - ECT Legal Taylor/HOU/ECT wants you to attend a meeting.

On   08/13/99 11:30:00 AM CDT
For   2 hours
With:   Mark - ECT Legal Taylor/HOU/ECT (Chairperson)
  Susan Bailey/HOU/ECT (Invited)
  Susan Flynn/HOU/ECT (Invited)
  Marie Heard/HOU/ECT (Invited)
  Tana Jones/HOU/ECT (Invited)
  Sara Shackleton/HOU/ECT (Invited)
  Shari Stack/HOU/ECT (Invited)
  Carol St Clair/HOU/ECT (Invited)

Form Change Mtg - EB38C2.  PLEASE PLAN TO ATTEND.


Per your request, below is the memo that Stan Horton sent out to all ETS
employees discussing the PEP and PRC processes.  It
was distributed on May 30, 2001 as part of our mid-year communication effort.

Sorry I'm so tardy with this; I almost forgot.  Future requests for
information will be written down.

Gary

From:  ETS General Announcement/ET&S/Enron@ENRON
[mailto:IMCEANOTES-ETS+20General+20Announcement_ET+26S_Enron+40ENRON@ENRON.com
]  On Behalf Of Stan Horton, Chairman & CEO@ENRON
Sent: Wednesday, May 30, 2001 12:26 AM
To: Enron Transportation Services Everyone - All@ENRON
Subject: PEP/PRC Process

While you have received previous correspondence about the PEP system and the
PRC process, today, I want to share with you what these processes mean to ETS
and why they are core to our company,s continued success.

I believe that any review process must accomplish certain objectives:

? Identify Talent.  First, a review system must help us identify the future
leaders of functional areas and of our organization.   One of the things I
like best about the PRC process is that it gives me and the entire ETS
leadership team an opportunity to learn about talented employees at all
levels of our organization and across Enron.
? Demand Performance.  Second, I believe a review process should hold all
employees accountable for performance.   Performance means understanding how
ETS makes money and adds shareholder value as well as what role an employee
plays in delivering these results.   This is true whether you are ensuring
continued safety and reliability, scheduling daily transportation or
negotiating commercial arrangements.  If you,re unclear on what performance
means in your area, please ask your supervisor to spend time during the
mid-year review process helping to define performance for you.
? Provide Feedback.  Third, a review process should provide employees with
feedback to help improve performance and determine career plans.  Without
feedback, employees operate in a vacuum in understanding what their
supervisor expects of them and what they can do to succeed in their current
role and in their careers.  While it is never easy to hear constructive
feedback, I ask that you keep an open mind and gain as much information as
you can from the process.  Keep in mind that it is hard to give feedback as
well.  I am grateful to those mentors in my career who were willing to
provide me with the feedback and advice that has helped me to succeed.

We are well on our way to making the PEP/PRC process a good vehicle for
accomplishing these objectives.   Last year was the first year that many of
our employees were introduced to the PRC and, accordingly, people tended to
focus on the process itself.   Last year we learned a great deal and made
changes for the better this year.

I,m confident that this year we can focus on giving and receiving feedback.

PEP and PRC fit our ETS and Enron values.   While ETS is full of individuals
that typify the Enron values, PEP and PRC help us to identify talent, to
demand and reward performance and to provide important feedback to each
employee.

Stan


I want to keep my subscription current.
----- Forwarded by Steven J Kean/NA/Enron on 10/09/2000 03:30 PM -----

	Susan L Kennedy@ECT
	10/09/2000 03:29 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Subscription Renewal

Dear Steve:

This is to inform you that your subscription to Harvard Business Review is up
for renewal.  In the past, such renewals were routed to Info Central to be
paid.  Our department has changed its focus to research.
If you would like to renew as a courtesy, we would be happy to take care of
this for you.  We will contact the publisher and let them know that for the
next renewal to send the invoice directly to you, and from then on, you would
take care of payment.
Please let me know if you would like to renew this publication.  If you have
any questions, please do not hesitate to call me.

Sincerely,

Susan Kennedy
eSource
713/835-9135


Attached is a list of Notaries in ENA Legal.

Janette Elbertson
Enron North America Corp.
Legal Department - EB3326
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
janette.elbertson@enron.com


Mr. Garner:

At the request of Kim Ward, I am forwarding to you for review the attached
draft of a Master Firm Purchase/Sale Agreement.  Please do not hesitate to
give me a call with any questions you may have regarding the enclosed.

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


Set up with Niamh McGrath 3/15/00


Do you know what to do here?
----- Forwarded by Tana Jones/HOU/ECT on 08/21/2000 04:13 PM -----

	Larry Joe Hunter
	08/21/2000 03:54 PM

		 To: Susan Bailey/HOU/ECT@ECT
		 cc: Tana Jones/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON
		 Subject: Swap deal with EPMI Long Term Hedge

Susan/Tana,

We have recently traded a deal on Enron Online in which the entity offering
the trade was ENA and the entity entering the trade was EPMI Long Term Hedge
(Power group hedging with ENA).  This is currently booked as RMT vs. EPMI
Long Term Hedge.  Can we send out a confirmation based on ISDA terms since
this is an Enron subsidiary per Global Counterparty?  I'm assuming this is
just like doing a deal with Enron Global Exploration and Production, EES or
ECT International, but let me know if I'm incorrect.

Thanks,
Joe


Dear Kenneth,
I have sent this morning a Fed Ex package to your office to arrive tomarrow Friday morning containing our school video.  I hope you will enjoy it and share it with Linda.  We are in the process of making an updated video about the school that will be debuted at the Gala in April.  I know with last weeks events everything has slowed down.  I will be eager to hear about Mrs. Bush once her schedule gets back to some normalcy.  I do so appreciate your  help with this.  It is hard for us all to even think about the fund raiser at a time like this, but life does go on and preparing our children is the utmost and highest priority on our list.  William and I have poured our lives into this school as you know we all do when we have a passion for something.  I look forward to hearing from you soon.  God bless and thanks again.
Serving Him,
Barbara T. Collins


Sam,

Are you sure  you cannot make it just for a few minutes?

Vince

	Enron North America Corp.

	From:  William Smith @ ENRON                           12/19/2000 11:34 AM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Today's gathering

Hello, Vince!

I was planning to stop by Damian's this evening, but I think I'll go home
instead.  I've contracted a sneezy cold, and I don't want to spread it around
anymore than I already have.

Thank you for putting this together.  I'll have to make the one in January
for sure!

Sam


Attached is a memo to ESA employees that Diomedes and I have been working
on.  I don't think there will be any concerns except for the section in
bold.  It does admit that we are looking at the potential sale of some
assets, although the message is softened up quite a bit.  Will it cause
widespread panic or live up to our vision and values that communication is
good.  Please review and comment ASAP.  This memo will be the basis for
preparing Jim to go on e-speak, although we will NOT specifically address the
potential asset sale issue there except in an answer to a question.


---------------------- Forwarded by Eric Bass/HOU/ECT on 02/22/2000 10:29 AM
---------------------------

	Enron North America Corp.

	From:  Tracey Irvin                           02/22/2000 10:15 AM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Statistical Database

Eric,

Your password is Packers and it is case-sensitive.  Let me know if you have
any problems.

	Enron North America Corp.

	From:  Eric Bass                           02/22/2000 10:06 AM

To: Tracey Irvin/HOU/ECT@ECT
cc:
Subject: Statistical Database

I forgot my password to the statistical database.  Who should I contact to
find this info.?

Thanks,

Eric
3-0977


We'll just be doing some house shopping.  I think we're going to postpone the upgrade to
the existing house and look to buy a new house.  This would eliminate the need to move
out for 6 months.  I'm dying to live in a house that is complete.  Anyway, besides this we
don't seem to have much going on.  I'll just need to go into work for a few hours on Sunday.

Let me know what you want to do.

KR


-----Original Message-----
From: Yahoo! Finance [mailto:refertofriend@reply.yahoo.com]
Sent: Friday, October 26, 2001 3:05 PM
To: Smith, Mark
Subject: Yahoo! Finance Story - Yahoo - Enron debt sinks on credit crunch fears

Mark Smith (Mark.smith@enron.com) has sent you a news article

Personal message:

Yahoo - Enron debt sinks on credit crunch fears
<http://biz.yahoo.com/rf/011026/n26531689_1.html>
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Friday October 26, 3:16 pm Eastern Time

Enron debt sinks on credit crunch fears

By Nancy Leinfuss

NEW YORK, Oct 26 (Reuters) - Bonds of Enron Corp. (NYSE: ENE <http://finance.yahoo.com/q?s=ene&d=t> - news <http://biz.yahoo.com/n/e/ene.html>), which is trying to curb fears that it faces a credit crunch, fell sharply on Friday after The Wall Street Journal reported the energy giant on Thursday drew down about $3 billion from a credit line and is in talks with its banks about obtaining a new multibillion dollar credit line.

Houston-based Enron's new chief financial officer, Jeff McMahon, said late on Thursday that the company, the largest U.S. energy trader with $67.3 billion of assets, had drawn down from its credit lines to obtain more than $1 billion in cash to alleviate concerns about its liquidity.

``There's been a lot of downward pressure on Enron following the negative news,'' said an investment-grade bond trader. ``Investment-grade accounts have been trying to exit those bonds, but there hasn't been any support from either high-yield or hedge funds.''

Enron did not immediately return calls seeking comment.

Enron's investment-grade 6.40 percent notes due in 2006, which just two weeks ago were quoted to yield 2.3 percentage points more than five-year U.S. Treasuries, are now quoted at a dollar price, like junk bonds. They were bid Friday at 80 cents on the dollar, with a yield to maturity of 12.09 percent, or 8.34 percentage points more than Treasuries.

Enron's 8.31 percent issue due 2003 fell a similar amount on Friday, and also trades at 80 cents on the dollar, traders said.

The company's stock, meanwhile, has lost more than half of its value in the last two weeks as investors began questioning off-the-balance-sheet transactions between the company and two limited partnerships run by former Chief Financial Officer Andrew Fastow.

The U.S. Securities and Exchange Commission is now looking at those transactions for possible conflicts of interest.

Enron ousted Fastow on Wednesday.

The shares were down $1.09, or 6.7 percent, at $15.26 in afternoon New York Stock Exchange trade.

CREDIT RATINGS AT RISK

On Thursday, credit rating agency Standard & Poor's revised Enron's outlook to negative while affirming its long- and short-term credit ratings of ``BBB-plus'' and ``A-2.''

S&P said it is closely monitoring Enron's capital needs and liquidity position, which it considers crucial to the success of the company's core business operations.

``Assurances from the top levels of Enron management that the company will maintain its commitment to its credit quality and that no steps are being taken to support the company's common stock price at the expense of credit quality provide further support for Enron's ratings,'' S&P said.

S&P said it revised its outlook after the big drop in Enron's market capitalization this week, which it said has hurt the company's financial flexibility and may impede management's ability to rebuild the balance sheet and sell assets in a timely manner.

``The negative outlook acknowledges the potential for erosion of the company's credit quality as investor confidence in the company's management has waned,'' S&P said.

Another credit rating agency, Fitch, on Thursday warned it may downgrade Enron's debt, saying the erosion of consumer confidence could block the company's access to capital markets.

Email this story <http://mtf.news.yahoo.com/mailto?url=http://biz.yahoo.com/rf/011026/n26531689_1.html&title=Enron%20debt%20sinks%20on%20credit%20crunch%20fears&prop=finance&locale=us> - Most-emailed articles <http://news.yahoo.com/h/mt/us/finance/?u> - Most-viewed articles <http://news.yahoo.com/h/cl/us/finance/?u>

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As we return to our regular business activities following last week's tragic events, we wanted to disseminate as widely as possible the following information on security and travel.  Updates will be posted as necessary under "bulletins" on the Corporate Security website located at www.home.enron.com.

We do not believe that any terrorist groups will target Enron's employees or facilities.  As a precautionary measure, however, we have increased security in and around our facilities.  We urge all employees to maintain a heightened sense of awareness and to immediately report any suspicious activity to Enron Corporate Security in Houston at (713) 345-2804.

All non-essential business travel should be postponed until further notice.   Airline schedules and flights will be disrupted for some time - and bomb hoaxes, false alarms, and increased security measures will result in additional delays and disruptions.  In addition, all carriers, particularly U.S. carriers and those of U.S. allies such as Israel and NATO member countries, may be at risk for copycat hijackings.

	We realize that, as Enron conducts its business, some air travel is unavoidable.   Enron employees who wish to discuss their travel options should contact Corporate Security at (713) 345-2804 or via email at CorporateSecurity@enron.com.

	U.S. military action in retaliation for the terrorist attacks may result in violent Islamic extremist reactions in a number of countries, particularly in Afghanistan, Yemen, and Pakistan, as well as in Egypt, Iran, Iraq, Israel, Gaza/West Bank, Jordan, Kuwait, Lebanon, Libya, Saudi Arabia, Sudan, Syria and Tajikistan.  Reactions could take the form of acts by individuals or organized groups against U.S. government or commercial facilities.  All travel to or through these countries should be canceled.

Most of the U.S.' busiest airports have implemented the FAA's stepped-up security measures and are open and operating, with the exception of Washington Reagan National Airport.  If you are traveling by air, allow plenty of time to check in under these new security procedures.  Contact your carrier directly to find out about flight schedules and specific boarding requirements.  You can find more information on the new security standards as well as a list of airports that have certified they can meet the new security standards on the FAA's website at http://www.faa.gov.


Forward this to your friends and coleauges who are starting to wonder if you experimented on small children while at Enron.

GAC

Could Enron's Business Model Actually Work?

January 28, 2002

By DANIEL ALTMAN

Is Enron (news/quote)'s business model still a good one?
With fuzzy financing and arcane accounting stripped away,
the answer may be yes. Despite Enron's collapse, its goal
of merging the best thinking in energy, finance and
information technology as an online commodity trader still
garners respect.

"Enron failed because they were scamming, but the basic
virtual market part was fine," said Dale Kutnick, chief
executive and research director of the META Group
(news/quote), an information technology consultancy. "There
is still a real market for virtual trading companies, no
question about it."

Enron traded contracts for electricity and natural gas and,
later, other products like rights to high-speed
telecommunications networks and financial hedges against
changes in the weather. It used a sophisticated online
platform backed by a financial apparatus meant to hedge the
company's bets. In the words of Kurt Launer, an analyst who
follows Enron for Credit Suisse First Boston, the company
had "the pioneering online venture for real-time
availability of information" used in trading commodities.

*
Enron's basic business model, in other words, may yet
serve as a model for other companies. In the wake of
Enron's bankruptcy filing, some of the best support for
that model model came from its competitors.

Reliant Energy (news/quote) is one of several companies
that followed Enron in offering online exchanges for
electricity and natural gas.

"Our commodity markets worked just fine the day after Enron
went away," said Joe Bob Perkins, president and chief
operating officer of the wholesale group at Reliant.

"Everybody got gas, everybody got power, and prices stayed
basically the same," Mr. Perkins said. "The loss of one
intermediary just proves that these competitive markets
work."

Other companies offering similar services rushed to fill
the gap after Enron suspended its trading. "We've picked up
market share," said Stephen L. Baum, the chairman,
president and chief executive of Sempra. He noted, though,
that unlike Enron, "our trading, although extremely
important and a big income earner for us, is not the
centerpiece of our business."

Another company that sees continued value in the Enron
approach is UBS Warburg, the Swiss investment bank, which
bought Enron's electricity and gas trading business in
bankruptcy proceedings and plans to restart them under its
own brand.

"We're confident we can re-establish the business," David
Walker, a UBS Warburg spokesman, said. "It is a first-rate
trading platform."

Similarities between UBS Warburg's financial derivatives
business and Enron's trading of energy contracts were one
factor that made the deal appealing, Mr. Walker said. "The
characteristics of trading these types of products and
betting on interest rates, which is a core ability of UBS,
are similar," he said. "They're kind of neighbors."

Mr. Kutnick, the research chief, added that Enron had
"outstanding" information technology organization that was
backed by "tremendous amounts of money." In that way as
well, he said, the company "was certainly comparable to the
best financial companies out there."

Because of Enron's technological advantage, Mr. Kutnick
predicted, UBS would have little difficulty regaining
Enron's market share. "They were far enough ahead that it
shouldn't be an issue," he said. "If you are a couple
seconds faster in terms of spotting and executing a market
inefficiency, obviously you're going to make money."

According to experts who consulted for Enron in the field
of finance, the company did not necessarily come up with a
lot of powerful new ideas. Its strength was in synthesizing
existing ideas, which sometimes led to innovative methods.

"They took a lot of finance theory and applied it in the
context of their business," said Ramesh K. S. Rao, a
professor of finance at the University of Texas who once
consulted for Enron. "There was no magic to what they were
doing."

Robert L. McDonald, a professor of finance at Northwestern,
advised Enron on the use of derivatives from 1993 to 1995.
He said the company needed advanced financial tools to
price its derivatives, which specified energy products to
be delivered at various times and sites while demand was
uncertain. "That's a hard problem, so they were probably
breaking some new ground trying to deal with that," he
said. "It's the kind of thing that's easy to describe and
may be hard to do."

Peter Tufano, a professor at the Harvard Business School
who studied Enron, said the company had been using what
would be considered "best practices" for using derivatives
by any "serious financial firm" in the early 1990's.

Had Enron stuck to those practices, Mr. Kutnick said, it
might still survive today.

"Enron could have done extremely well with betting on
market inefficiencies and hedging bets," he said. "People
stop hedging because they get too enamored of their own
theories." As a parallel, he cited Long- Term Capital
Management, the hedge fund, which failed in 1998 when it
could no longer cover the ever-higher risks it began
taking.

Enron also betrayed its success, Mr. Launer said, by
throwing money at ventures that failed to generate cash
flow. For example, Enron spent around $2 billion on its
network capacity, or bandwidth, exchange, which never
turned a profit. "The fact that Enron became a dot-com,
financed itself like a dot-com, and then suffered a demise
like a dot-com," he said, "is one of the central parts of
this story."

But Enron's failed attempts to expand its online trading
system to products beyond electricity and natural gas might
not rule out future, similar endeavors.

"In any commodity, there are always people who have too
much and others who have too little, so there's always
going to be a need for them to trade and exchange,"
Professor Tufano said.

Mr. Launer suggested that Enron's efforts were simply
ill-timed. "These things take a while to get going," he
said. He noted that the deregulation of electricity and
natural gas led to a long period during which the market
for energy products and their derivatives evolved. "It does
take a while before users of a commodity get comfortable
with the idea that they should risk-manage and out-source
their use of that commodity."

http://www.nytimes.com/2002/01/28/business/28NECO.html?ex=1013231198&ei=1&en=b419a4892b911727

HOW TO ADVERTISE
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help@nytimes.com.

Copyright 2001 The New York Times Company


Mark:

One issue to keep in mind regarding membership in this exchange:  if there is
no clearing house and the exchange is the counterparty to all transactions,
who bears the liability when a third party defaults?  We certainly need to
know if it is the exchange membership.  If not, how is the liability limited
and on whose credit would we be relying if we trade?

Mark

Mark Elliott
04/06/99 06:02 AM
To: ECT London European Trading
cc:
Subject: APX - Membership Application

Just to let you know that last Thursday, we submitted, in the name of Enron
Capital & Trade Resources Limited, an application at very short notice to
become one of the first members of the Amsterdam Power Exchange.

The Exchange still has many outstanding issues to resolve re its mode of
operation and I shall keep you informed of progress.  The Exchange is due to
go live, however, at the beginning of May 1999 but our feeling is that there
are so many substantial issues remaining to be resolved that either it shall
not hit this deadline or, if it does, it will be in a very chaotic state.
However please note that initially it is proposed that the Exchange is simply
for day-ahead physical power deals; the Exchange is the counterparty to
transactions and there is no separate clearing house.

It is proposed that at some future stage a financial futures' market will
develop when our SFA-regulated entity will then have to become an Exchange
member - but this is some way off.

Kind regards

Mark


According to my Mr. Scott Goodell, deal 231667 is a true sale to CES for
Allied Signal.  This deal just goes away on Oct 1st.


Will you please get me access to manage the SJ physical product? I would like
to link it for prompt month information.

Thanks,
Mike


Hello Everyone,

	We had a few upsets this week, with some games missed by quite a few people. No one correctly picked Georgia
defeating #7 Tennessee. Oklahoma/TX game was mixed, many people missed Ohio St. beating Northwestern and the only non-top 25 game was mixed, with many people taking Southern Miss, as Memphis won 22-17. In the pros, many people picked Atlanta over the Bears incorrectly, San Diego over Cleveland was missed by most people, Arizona upsetting the Eagles was not good for just about everyone, Seattle beating Jacksonville was not picked by most people and Tampa Bay defeating Green Bay was also missed by most. Through all that, Joe Step did only get 5 incorrect picks and has won this weeks pool already. I came close with 6 wrong, but we both have St. Louis tonight. We had 33 entries this week, the most we've ever had, even back to last season, good job!! Therefore Joe won $66. Below is each person with the number of games they missed this week.

									Andy

Joe Step		5
Andy Pace		6
Paul Broderick		7
Rick Broussard		7
Todd DeCook		7
Paul Thomas		7
Reagan Mathews	8
Kayne Coulter		8
Gautam Gupta		8
Russell Ballato		8
Larry Jester		8
Valerie Ramsower	9
Joe Quenet		9
Diana Allen		9
Robert Vargas		9
Larry Campbell		9
Bryce Schneider	9
Mauricio Trejo		9
Daniel Muschar		9
Mike Grubbs		9
Jason Kaniss		9
Michele Wilks		10
Jaime Gualy		10
Dave Ryan		10
Pat Hanse		10
Ryan Williams		10
George Phillips		10
Joe Brewer		10
Thomas Lowell		11
Daniel Jenkins		11
Carter Ellis		11
Rob Benson		11
Jeff Miller		11


oh - i invited your rocket power dancer friend. was i not supposed to do that?

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Happy Hour

in - and make sure neil and bob don't make any crass jokes about my past
experiences.


Guys, it is my understanding that the incremental $5 MM in gas V@R, under an
interim authority, expires today.  Given current market conditions, I would
request  an extension of that interim limit - $45MM in total gas V@R for an
additional two weeks starting today.

Jeff, as per our meeting today, we may want to think about additional
permanent increases for gas and power V@R particularily given the Alberta
PPA's, the potential NStar deal and the current gas market as we enter the
winter season.  I will take your lead on this one.

Regards
Delainey


Mr. Lay,

It seems to have become fashionable to bash you and the other executives as things have become challenging at Enron.  I just wanted to let you know that there are some people who still care about Enron and are still thankful for what you have done over the past 15 years.  I have been completely distraught at the speed with which my coworkers have thrown in the towel and have essentially given up.  I urge you to continue to fight for Enron.  True, it may take another 15 years to get back to a leading company, but do not give up the fight.  You have made Enron a wonderful place to work and I know that Enron will survive.  It would be a tragedy if the innovative thinking made famous by Enron were to be discarded and corporate America returned to a status quo mentality.

I have been informed that I am on the list of those to be laid off because I am in a non-core business, and I agree.  I loved having the job, but desperate times call for desperate measures and I understand the need to focus.  I am tired of my fellow coworkers quitting, complaining, and giving up.  There are plenty of people that will join you in the fight, I hope that you are able to weed out the quitters and get a group of people together who will fight for the Enron way of doing business.

I applaud you for your accomplishments over the past 15 years in building an incredible company - a company that will survive, a company that will once again thrive, and a company that will prosper well into the future.

Good luck and please don't give up,
Zach Streight


P.S.  Please let Marathon know that the information they're providing is both
greatly appreciated and highly valued and we hope that they can continue to
poke around and fill us in on what they hear.  Great having multiple data
points.

Best,
Jeff

	Karen Denne
	01/23/2001 08:51 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Re: Edison's Filing in District Court in L.A.

Jeff -- If the lawyers can't, I'm sure we can ask Marathon to get the
filing.  Let me know.  kd


---------------------- Forwarded by Robin Rodrigue/HOU/ECT on 06/07/2000
07:05 PM ---------------------------

Robin Rodrigue
06/07/2000 07:06 PM
To: Nicole LaPorte/CAL/ECT@ECT
cc:
Subject: Re: Post Id's 6/7/2000

Here are your positions.  Hopefully we look as good as last night.

Thanks,
Robin

Nicole LaPorte
06/07/2000 05:02 PM
To: Robin Rodrigue/HOU/ECT@ECT, Rahmaan Mwongozi/Corp/Enron@ENRON
cc:
Subject: Post Id's 6/7/2000

Hi Robin,

Here are today's Post Id's:

EGSC - 803771
ERMS - 803772
OPT - 803777
C - 803815

I'll call once we're official.

Thanks,
Nicole


i wont tell.  you could be sakora pine.  that is a pretty good porn name.


Great points.  Teece---and the lion's share of the folks on the participants
list---are advocates of a minimalist role for government, particularly where
markets are a clear and preferably option, as in the case of electricity.

That said, I think we're going to have to make a fundamental decision about
what the goal of this "study" would be, which will determine, to a large
degree, whether we choose to pursue it.

I'll throw out for comment the notion that the study should be designed to
serve one purpose:  to influence the policy decision currently under debate
"To de-regulate or not."  As such, I wouldn't see issues like "PJM or APX" or
"competitive default supplier or not," or "divest generation with vesting
contracts or retain the assets" being the focus.

That debate over critically important implementation details, would seem to
come in "Round 2," once the initial debate over "deregulate or not" is won.
To try to do both, i.e., resolve in the broad policy issue AND make the case
for the specific, "right" implementation plan, would arguably bog the study
down, perhaps interminably.  And it seems that time is of the essence in the
current environment.  In addition, unless the fundamental policy issue is
won--and won rather quickly--debating  implementation may be moot.  Of
course, it will be impossible to avoid some level of dicussion on "how to do
it," but that would not be the emphasis.

In sum, I'd suggest for comment that it only makes sense to
proceed---particularly since time is of the essence---if we focus on the high
level policy level question of "to deregulate or not," and address
implementation in a second, or follow up, study.  I think we should try to
make a call on this swiftly, since the "go/no go" decision would seem to flow
from resolution of this issue.

Best,
Jeff

	James D Steffes
	03/16/2001 08:22 AM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc: Jeff Dasovich/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@Enron, Linda
Robertson/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, skean@enron.com
		 Subject: Re: Analysis by Academics----Why De-regulation is the right policy
choice

Jeff --

It would be helpful to get some feedback prior to starting to deal with the
fundamental question related to direct access for smaller customers.  I would
like to know Teece's perspective on the role of government in this
marketplace.  In addition, I think that the paper must deal with the
drawbacks of having mixed roles - utility default supply and competitive
markets.

Jim

	Jeff Dasovich
	Sent by: Jeff Dasovich
	03/15/2001 03:11 PM

		 To: Richard Shapiro/NA/Enron@Enron, skean@enron.com, James D
Steffes/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@ENRON, Linda
Robertson/NA/Enron@ENRON
		 cc:
		 Subject: Analysis by Academics----Why De-regulation is the right policy
choice

Greetings:

As I've mentioned, I've been discussing with a group of academics
(principally from UC Berkeley) the possibility of producing an analysis of
why it makes sense to move forward toward de-regulation, and makes no sense
to turn back to command-and-control regulation.  Clearly, we're at a fork in
the policy road---move forward, or go back.

I've (finally) gotten a proposal from the group.  It's attached.  Please take
a look.  I'd like to distribute more widely internally for comment, but
wanted to run it through a preliminary screen to guage whether folks think it
would be useful before cluttering up folks' in-boxes with more emails to
read.  Few points worth mentioning:

The majority of the academics that would do the report are affiliated with
LECG, Inc., the consulting group that I worked with prior to joing Enron.
List also includes Dan McFadden, UC Berkeley nobel prize winner who wrote the
recent op-ed piece in the WSJ.
The list also includes Hogan and Joskow  and Borenstein.  We could certainly
exclude these folks should we choose to go forward with the analysis.
However, the goal is to produce a high level analysis, i.e., "de-regulation
is good and can work; command and control regulation is bad and we know that
it does not work."  Once the study is released (if it is pursued), the
"authors" could tour the country, testifying before federal and state bodies
to advocate the virtues of de-regulation and the pitfalls of reversing
course.  The analysis would not be a debate over "To Poolco, or not to
Poolco, PJM, etc."  In this way, including folks like Joskow and Hogan could
offer the added benefit of creating a "Nixon goes to China" scenario.  Please
take a look at the list of participants.  Again, we can add to and subtract
from the list.
Laura Tyson would be one of the two project leaders. (The other would be
David Teece, Chairman of LECG.)
None of the folks on the list occupies either extreme of the political
spectrum.  It's a mix of D's and R's who are arguably centrist economist and
strong believers in markets (I won't vouch for Joskow and Hogan).
The idea would be to get a wide array of industry participants from across
the country to support the project.  This is for two reasons:  1) the more
diverse the group supporting the effort, the greater the credibility, and 2)
they are asking for about $1 million to do the study.
If you think it would be useful to pursue the study as part of our national
campaign to minimize the damage created by California, I would like to start
immediately to approach trade associations, companies, customers, etc.
nationwide to garner support for the project.

Let me know if you think the effort would be worthwhile.  Appreciate your
comments.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 03/15/2001 02:43 PM -----

 - REAFFIRMING THE CASE FOR ELECTRICITY DEREGULATION.doc


I will ask Patti to set up a meeting for us this week.  Your name has been on
my list to call - a trip to the Orange Bowl last week cut my week short, so I
will look forward to getting with you this week.  --Sally

	From:  Martha Stevens                           01/08/2001 10:33 AM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Meeting

Sally,

I'd like to get on your calendar for a brief meeting to discuss the
organization change resulting from Scott's departure.  I have an idea if you
have not finalized the new structure.

I understand that Shona has some international experience and thought we
could leverage that to our benefit.

One other item that needs to be addressed is our current location on 21.  I
understand it is highly coveted by Tom Gros for expansion of the Commodity
Logic team.
Thank you.

Martha


This message is intended for eHRonline users only.

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This change should be made by those who have added the URL as a favorite on
the browser.


John, it's good to hear from you!

A few things on your paralegal friend.  First, we don't currently have any
openings, though we have tended to hire paralegals with a lot of experience.
Most of the paralegals in our group have about 15-25 years experience.  Also,
we recently hired someone, and I don't anticipate us hiring for awhile.

Most of Enron's litigation work is done out of Enron Corp.  They do have a
big litigation group up there, and that would be the most obvious place to
start.  Chuck Cheek is the head lawyer for that group.  You could forward her
resume up there with a note, it might get it more personal attention.  Also,
keep watching (or she can watch, it online) the job bank, they advertise
paralegal jobs there from time to time with all the Enron companies.

Another group that might be interested in hiring paralegals, and might hire
paralegals with less experience, is the Global Contracts Group headed up by
Mary Solmonson.  They're always looking for people, and it might be a good
way for your friend to get her foot in the door at ECT.  Also, if her
undergraduate degree was in business, obviously, she might have some more
options in other groups.

As far as running goes, I'm trying to get back into shape.  I'm just
surviving 3 miles around the park, and this weekend I plan to double my
mileage to 6.  It sounds like we're both not in fighting form.  But I do want
to start training in July with Houston Fit for the Houston Marathon again.


I agree with Rick.  I know Jose is tied up on current business, but his input
will be important.  To date we have been relying on legal analysis of
required approvals etc.  That information is essential but it is, as you
know, about 10% of the issue.  The far more critical considerations are how
is the government likely to react on a political level and what can we do
about it.  I think our government affairs people are in the best position to
make these assessments.
---------------------- Forwarded by Steven J Kean/HOU/EES on 04/20/2000 11:43
AM ---------------------------

Richard Shapiro
04/20/2000 11:07 AM
To: Diomedes Christodoulou/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Steven J Kean/HOU/EES@EES
Subject: Project California

I have reviewed the most recent IM and don't have any significant comments,
but my review did highlight the need to have a set or sets of
eyes(internally) who understand the regulatory overlay of the Southern Cone
better and who are also in a better position  ( physically and with language
skills ) to assess the  nature of the regulatory approvals needed and to
effectively pull on a set of local resources when this project begins to take
shape- With all of that in mind, I would recommend we , at the very least,
bring Jose into the loop. I intend to stay actively engaged and do whatever I
can, but we need help immediately on the regulatory front - the last thing I
would want to have happen to the project would be have it held hostage at the
governmental approval stage-  being proactive now by bringing Jose over the
wall would be my strong recommendation.Please advise.


Current rates and fuels

Tenn
Comm		$.00
ACA		$.0021
GRI		$.0055
Fuel		1.31%

Iroq
Comm		$.0036  = $.003 - $.0001 + $.0007
ACA		$.0021
GRI		N/A
Fuel		.5%

Per Iroq's tarrif, they can bill up to 1% fuel.  Now we have interpretted that to mean a max of 1% on Zone 1 to Zone 2 and .5% on Zone 1 to Zone 1.  Listed below are the actual fuel percentages over the last few months.  The Iroq space is Zone 1 to Zone 1.

Per Iroq Tariff, General Terms and Conditions, sections 2.27
2.27 Measurement Variance/Fuel Use Factor.
The Measurement Variance/Fuel Use Factor shall be the applicable percentage, determined on a monthly basis pursuant to this Section 2.27, to account for and recover lost and unaccounted- for gas on Transporter's system and transportation fuel requirements. The monthly percentages shall be within the minimum and maximum percentages set forth on Sheet No. 4 of this First Revised Volume No. 1 for the applicable Rate Schedule. At least ten (10) days prior to the beginning of each month (Applicable Month), Transporter will publish the Measurement Variance/Fuel Use Factor via its Electronic

Per Iroq Tariff, sheet no 4A
MEASUREMENT VARIANCE/FUEL USE FACTOR:
Minimum      0.00%
Maximum    1.00%

Iroq Fuel

Dec-01
Z1 - Z1	 0.50%
Z1 -Z2	 1.00%

Nov-01
Z1 - Z1	 0.30%
Z1 -Z2	 0.60%

Oct-01
Z1 - Z1	 0.30%
Z1 -Z2	 0.60%

Sep-01
Z1 - Z1	 0.50%
Z1 -Z2	 1.00%

Aug-01
Z1 - Z1	 0.50%
Z1 -Z2	 1.00%

Jul-01
Z1 - Z1	 0.10%
Z1 -Z2	 0.20%

Jun-01
Z1 - Z1	 0.00%
Z1 -Z2	 0.00%

May-01
Z1 - Z1	 0.00%
Z1 -Z2	 0.00%
Z2 - Z2	 0.00%

Apr-01
Z1 - Z1	 0.40%
Z1 -Z2	 0.80%
Z2 - Z2	 0.40%

Mar-01
Z1 - Z1	 0.50%
Z1 -Z2	 1.00%
Z2 - Z2	 0.50%

Feb-01
Z1 - Z1	 0.50%
Z1 -Z2	 1.00%
Z2 - Z2	 0.50%

Jan-01
Z1 - Z1	 0.50%
Z1 -Z2	 1.00%
Z2 - Z2	 0.50%

Dec-00
Z1 - Z1	 0.50%
Z1 -Z2	 1.00%
Z2 - Z2	 0.50%

Nov-00
Z1 - Z1	 0.30%
Z1 -Z2	 0.60%
Z2 - Z2	 0.30%

Oct-00
Z1 - Z1	 0.10%
Z1 -Z2	 0.20%
Z2 - Z2	 0.10%

Sep-00
Z1 - Z1	 0.10%
Z1 -Z2	 0.20%
Z2 - Z2	 0.10%

Aug-00
Z1 - Z1	 0.20%
Z1 -Z2	 0.40%
Z2 - Z2	 0.20%

Jul-00
Z1 - Z1	 0.20%
Z1 -Z2	 0.40%
Z2 - Z2	 0.20%

Jun-00
Z1 - Z1	 0.01%
Z1 -Z2	 0.02%
Z2 - Z2	 0.01%

May-00
Z1 - Z1	 0.00%
Z1 -Z2	 0.00%
Z2 - Z2	 0.00%

Apr-00
Z1 - Z1	 0.40%
Z1 -Z2	 0.80%
Z2 - Z2	 0.40%

Mar-00
Z1 - Z1	 0.50%
Z1 -Z2	 1.00%
Z2 - Z2	 0.50%

Nov-99
Z1 - Z1	 0.00%
Z1 -Z2	 0.70%
Z2 - Z2	 0.00%

Oct-99
Z1 - Z1	 0.00%
Z1 -Z2	 0.70%
Z2 - Z2	 0.00%

Sep-99
Z1 - Z1	 0.00%
Z1 -Z2	 0.40%
Z2 - Z2	 0.00%

Jun-99
Z1 - Z1	 0.20%
Z1 -Z2	 0.50%
Z2 - Z2	 0.20%

May-99
Z1 - Z1	 0.20%
Z1 -Z2	 0.50%
Z2 - Z2	 0.20%

Apr-99
Z1 - Z1	 0.20%
Z1 -Z2	 0.70%
Z2 - Z2	 0.20%

Mar-99
Z1 - Z1	 0.10%
Z1 -Z2	 0.30%
Z2 - Z2	 0.10%

Feb-99
Z1 - Z1	 0.40%
Z1 -Z2	 1.00%
Z2 - Z2	 0.40%

Jan-99
Z1 - Z1	 0.30%
Z1 -Z2	 0.80%
Z2 - Z2	 0.30%

Dec-98
Z1 - Z1	 0.20%
Z1 -Z2	 0.80%
Z2 - Z2	 0.20%

Nov-98
Z1 - Z1	 0.30%
Z1 -Z2	 0.60%
Z2 - Z2	 0.30%

Oct-98
Z1 - Z1	 0.00%
Z1 -Z2	 0.00%
Z2 - Z2	 0.00%

Sep-98
Z1 - Z1	 0.00%
Z1 -Z2	 0.00%
Z2 - Z2	 0.00%

Aug-98
Z1 - Z1	 0.00%
Z1 -Z2	 0.00%
Z2 - Z2	 0.00%

Jul-98
Z1 - Z1	 0.00%
Z1 -Z2	 0.00%
Z2 - Z2	 0.00%


Unless you are trying to fill a table, I will not be attending.

Dennis Vegas@ENRON_DEVELOPMENT
11/01/2000 10:42 PM
To: Jeffrey A Shankman@ENRON_DEVELOPMENT, Bill
Gathmann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Henry Means/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Gastech 2000 luncheon invitation - revised

Please advise whether you plan to attend the Enron sponsored luncheon that
will take place at the George R. Brown Convention Center on Wednesday Nov.
15, at 12:30 PM. As you may recall, Dr Lay will be the keynote speaker at the
event. To date, Mike McConnell, Mark Frevert, David Haug have committed.

Thank you in advance for your anticipated cooperation. Should you have any
questions please don't hesitate to call.

---------------------- Forwarded by Dennis Vegas/ENRON_DEVELOPMENT on
11/01/2000 10:28 PM ---------------------------

Dennis Vegas
10/11/2000 05:25 PM
To: Joseph W Sutton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike
McConnell/HOU/ECT@ECT, Mark Frevert@Enron, Jeffrey A Shankman@ECT, David W
Delainey@ECT, Steven J Kean@ENRON_DEVELOPMENT
cc: Bill Gathmann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David
Haug/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Doug
Arnell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Henry
Means/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Gastech 2000 luncheon invitation - revised

From November 14-17, Houston will host Gastech 2000, one of the world's
largest international natural gas, LNG, and LPG conferences.  The conference
will take place at the George R. Brown Convention Center and is expected to
attract 3,000 delegates from around the world.

Enron has played a leading role in this conference for many years, and this
year we will participate as a sponsor and prominent exhibitor.  Several Enron
executives are speaking or moderating panels at the conference, including
David Haug, Bill Gathmann, Doug Arnell and Dr Lay.

On Wednesday, November 15, Ken Lay will serve as a keynote speaker at an
Enron Sponsored luncheon at 12:30 P.M. and we would like to invite you to sit
at the Enron table.  The dining room is located at the George R. Brown
Convention Center, Ballroom Level Three.

Please RSVP via e-mail or call me at 5-6442, or Hal Means at 5-5384 if you
have any questions.  Once we have the guest list finalized, we will provide
you with details on the location of the entrance to the dining room, a pass,
transportation/parking and other pertinent details.

Best regards


Thanks.
We shall give her a call and talk to her.

It seems, however, that she has no
relevant quantitative background  and
no experience in finance.

Vince

 -----Original Message-----
From: 	Douglas, Stephen H.
Sent:	Tuesday, June 05, 2001 6:55 PM
To:	Kaminski, Vince J
Subject:	FW: Marilyn Mielke

This is the person that I mentioned to you yesterday during the EGM staff meeting.  Give me a call should this be a person you would be interested in (x30938).  SHD.

 -----Original Message-----
From: 	Fischer, Luitgard
Sent:	Tuesday, May 29, 2001 10:42 AM
To:	Tony Vasut/HOU/ECT@ENRON
Subject:	Marilyn Mielke

Tony:

As discussed please find attched the resume of Marilyn Mielke.  As you can see she has done some heavy quantitive work within her field of research.  Please note her role as the first sole female on board a US navy ship where she  developed a propulsion system maintenance scheme.

Thank you.

Louie

 << File: mielke_resume.doc >>
Luitgard Fischer
Director
Enron Broadband Services
Global Finance
(O) 713-853-1986
(C) 713-851-8922
(F) 713-646-8506
e-mail: luitgard_fischer@enron.net


Chris,

Your invoice for December reflects final revisions to the documents through
December 20th, so I'm assuming the draft the Schaeffer's signed was done
subsequent to anything transmitted on December 13th.   However, emailing
documents directly to me and calling me on the phone will be a big help.

Thanks for your response,

Kay

"Townsend, Christopher J. - CHI" <chris.townsend@piperrudnick.com> on
02/08/2001 05:39:21 PM
To: "'Kay.Mann@enron.com '" <Kay.Mann@enron.com>
cc:

Subject: RE: Titan-Schaeffer Option.DOC

Kay --

I understand that we have received your revisions to the Schaffer Option
Agreement and are in the process of incorporating them into the document.
We will then contact the Schaffers' attorneys and get the changes
incorporated.

We apologize for the confusion regarding the last set of revisions.  Those
revisions arose following our teleconference with the Schaffers' attorneys.
Apparently, Don was acting under the assumption that you were tied up on
other matters and had coordinated with Stuart, Fred and Rusty.
Nevertheless, you should be able to find a copy in your electronic file
attached to a December 13, 2000 email from Fred.  Although Don had
subsequent conversations with Rusty and Stuart, we should have circled back
with you.

In the future, we will ensure that you receive email copies of all of the
documents, with the changes highlighted as you requested.

Please feel free to contact me if you would like to discuss this matter
further.

Thank you.

Christopher J. Townsend
Piper Marbury Rudnick & Wolfe
203 N. LaSalle Street
Chicago, IL 60601
(312) 368-4039 (direct line)
(312) 630-6300 (direct fax)
christopher.townsend@piperrudnick.com

-----Original Message-----
From: Kay.Mann@enron.com
To: Way, Karen S. - CHI
Cc: chris.townsend@piperrudnick.com
Sent: 2/7/01 7:07 PM
Subject: Re: Titan-Schaeffer Option.DOC

Karen,

It appears to  me that revisions were made to this agreement, and the
agreement was presented to the counterparty for signature without me
being
consulted.  Perhaps you did email this to me and I can't locate the
electonic file.  In any event, in the future, please call me on the
telephone  BEFORE revisions are made to documents and presented to the
counterparty.  If you can't reach me by phone, send me an explanatory
email. Also, please email me redlines against prior drafts.  This will
faciliate my review.  Faxing drafts does not work for me.

I will send you the required changes tomorrow.

Thank you,

Kay

"Way, Karen S. - CHI" <karen.way@piperrudnick.com> on 01/30/2001
10:53:27
AM

To:   "'kathleen.carnahan@enron.com'" <kathleen.carnahan@enron.com>,
      "'Kay.mann@enron.com'" <Kay.mann@enron.com>
cc:

Subject:  Titan-Schaeffer Option.DOC

 <<Titan-Schaeffer Option.DOC>>

Kathleen and Kay:
Per Kathleen's voicemail this morning, attached hereto please find the
most
recent version of the Titan-Schaffer Option Agreement for your use.
Please
feel free to contact me with any questions or comments you may have on
this
matter.

Best regards,
Karen

Karen S. Way
Piper Marbury Rudnick & Wolfe
203 N. LaSalle
Chicago, Illinois 60601
email:  karen.way@piperrudnick.com
(ph) 312-368-2152
(fax) 312-630-6347

________________________________________________________________________
____

The information contained in this communication may be confidential, is
intended only for the use of the recipient named above, and may be
legally
privileged.  If the reader of this message is not the intended
recipient,
you are hereby notified that any dissemination, distribution, or copying
of
this communication, or any of its contents, is strictly prohibited. If
you
have received this communication in error, please re-send this
communication to the sender and delete the original message and any copy
of
it from your computer system.
Thank you.

For more information about Piper Marbury Rudnick & Wolfe, please visit
us
at http://www.piperrudnick.com/
________________________________________________________________________
____

(See attached file: Titan-Schaeffer Option.DOC)

 <<Titan-Schaeffer Option.DOC>>
____________________________________________________________________________
The information contained in this communication may be confidential, is
intended only for the use of the recipient named above, and may be legally
privileged.  If the reader of this message is not the intended recipient, you
are hereby notified that any dissemination, distribution, or copying of this
communication, or any of its contents, is strictly prohibited. If you have
received this communication in error, please re-send this communication to
the sender and delete the original message and any copy of it from your
computer system.
Thank you.

For more information about Piper Marbury Rudnick & Wolfe, please visit us at
http://www.piperrudnick.com/
____________________________________________________________________________


I don't think you can bird dog her too much.  She receives in the emails and
forwards them on to the relevant job group.  The person with the job then
decides who they do or do not want to interview.  I don't think Gretchen will
have much to do with that.


I will pledge $100 to him.

 -----Original Message-----
From: 	Sera, Sherri   On Behalf Of Skilling, Jeff
Sent:	Thursday, April 19, 2001 5:18 PM
To:	Baxter, Cliff; Rick Buy/HOU/ECT@ENRON; Glisan, Ben; Kean, Steven; Sherrick, Jeffrey; Philippe A Bibi/HOU/ECT@ENRON; Brown, Michael; Cline, Wade; James A Hughes/ENRON_DEVELOPMENT@ENRON; Kitchen, Louise; Rebecca McDonald/ENRON_DEVELOPMENT@ENRON; Piper, Greg; Sherriff, John; Whalley, Greg; Dietrich, Janet; Muller, Mark; Scrimshaw, Matthew; Cox, David; Hannon, Kevin; Hayslett, Rod; Horton, Stan; McCarty, Danny
Subject:

I know how incredibly busy you all are, so I'm sure that making a pledge to Jeff for the MS150 has simply slipped your mind.  Well the ride is this weekend, time is running out and we need you!

Enron's goal is to raise $700,000, and Jeff's personal goal is to raise $50,000.  As of today, we are a little better than half way there.  Won't you consider helping him reach his goal?

Thanks for your consideration.  I look forward to hearing from you tomorrow...

Sherri :-)


Please mark the following times on your calendars for your Team Development
interview with the Richmar Group.
All interviews will be held in the Houston office Board Rm. on the 27th floor.

The Richmar Group will be conducting the interviews.  They ask for everyone
to please be flexible with your schedule.  Some individuals may need 30 to 40
minutes while others may need 1.5 hours.   You will be called once or if the
schedule begins to fluctuate.

  Thursday, July 6th	   Tuesday, July 11th

NAME	TIME	LOCATION	NAME	TIME	LOCATION

Cunningham, Cutty
Duffy, Steve
	8:00-9:00 a.m.
	9:00-10:00 a.m.
		Board Rm
		Board Rm
			 Cole, Dan
			 Ralph, Susan
				8:00-9:00 a.m.
				9:00-10:00 a.m.
					 Board Rm
					 Board Rm
Coombe, Mary Ellen
Border, Robin	10:00 - 11:00 a.m.
	11:00 - 12:00 p.m.	Board Rm
		Board Rm	 Lee, Jim
			 Hultsman, David	10:00 - 11:00 a.m.
				11:00 - 12:00 p.m. 	 Board Rm
					 Board Rm
       LUNCH
Gibbs, Dana	12:00 - 1:00 p.m.
	1:00 - 2:00 p.m.
		Board Rm	       LUNCH
			 Sanford, Robert	12:00 - 1:00 p.m.
				1:00 - 2:00 p.m.
					 Board Rm
Maddox, Lori
Trevelise, Jon	2:00 - 3:00 p.m.
	3:00 - 4:00 p.m.	Board Rm
		Board Rm	 Richards, Joe
			 Wright, Gary	2:00 - 3:00 p.m.
				3:00 - 4:00 p.m. 	 Board Rm
					 Board Rm

The following will be phone interviews initiated by the Richmar Group.

 Bob Jacobs - California  562-495-9597 x-153
 Brent Brown - Canada  403-260-6910
 Steve Comstock - Colorado 303-629-5044

 -  ALSO  -

Following for Everyone - Please, block off the following days on your
calendar -  You will be notified once the time and place of the meetings in
August have been determined.

 Thursday, August 10th
 Friday, August 11th
 Saturday, August 12th


I just received word that I'm losing my garage apt. renter as of Nov. 30...
If any of you know someone who is looking for a place, have them call me!!
(I found my current renter through a friend and it has worked out great.)
Here are the specifics:

2 bedroom/1 bath garage apartment in Houston Heights (Cortlandt St.).
Hardwood floors,  lots of windows, new window A/C units, washer/dryer hookup,
garage parking space.  Cats OK.  $650/month.  Available December 1.  Call
713-853-0596 (day) or 713-864-4960 (evening).

Thanks!


Enjoy!
 - 20011221ERCOT_LOAD.XLS
 - 20011221ERCOT_FLOW.XLS


Start Date: 3/9/01; HourAhead hour: 23;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030923.txt


Vince,

I would love to see Enron's trading floors.  However, Arthur is out of town
till tomorrow evening. I will be seeing him before the seminar so I can ask
him about Friday. We can discuss this before or after the seminar. Also, you
are most welcome to join the group that will be going with Darrell for lunch
after the seminar.

Praveen

Praveen Kumar
Chair and Professor of Finance
C.T. Bauer College of Business
334 Melcher Hall
University of Houston
Houston, TX 77204-6021
713-743-4770/713-743-4789 (fax)

-----Original Message-----
From: Kaminski, Vince J [mailto:Vince.J.Kaminski@ENRON.com]
Sent: Monday, January 07, 2002 10:34 PM
To: pkumar@UH.EDU
Cc: Kaminski, Vince J
Subject: RE: Bauer College Finance Seminar

Praveen,

Sorry for not getting back to you earlier. The last few weeks were extremely
hectic for obvious reasons. Would you like to visit, together with Arthur,
Enron's trading floors? This week may be the last chance, as the results of
the auction of our gas and power trading units will be announced Thursday.
Wednesday or Friday would work for me.

My employment situation has not been resolved yet but it may finally happen
later this week.

I shall see at the Darrell's seminar on Thursday and I can give you more
details.

Vince

-----Original Message-----
From: Praveen Kumar <pkumar@uh.edu>@ENRON [mailto:Praveen Kumar
<pkumar@uh.edu>@ENRON]
Sent: Thu 1/3/2002 2:15 PM
To: SloanConsulting@aol.com; everett.s.gibbs@us.andersen.com;
vkamins@enron.com; mfkeeth@shellus.com; gerald.w.mcelvy@exxonmobil.com;
dph@swbell.net; donna.p.mcginnis@dynegy.com; Bob.Peebler@halliburton.com;
tina.sivinski@eds.com; bruce.sukaly@cinergy.com; TNTipton@marathonoil.com;
bawilliamson@duke-energy.com; bwillia6@us.ibm.com
Cc: warga@UH.EDU; pkumar@UH.EDU; bobcasey@UH.EDU
Subject: Bauer College Finance Seminar

Dear Colleagues on the Energy Committee,

        Happy New Year, and best wishes for the coming year. The Bauer
College is

extremely pleased to start the new year with a seminar visit by Professor

Darrell Duffie of Stanford University, one of the world's truly leading

financial economists. Darrell will be visiting us on Thursday, January 10.

I am attaching a seminar announcement that gives the precise title of the

talk and the location, and we would be delighted if you would disseminate

this announcement within your organizations to people you think may be

interested in the talk.

Best regards,

Praveen

Praveen Kumar

Chair and Professor of Finance

C.T. Bauer College of Business

334 Melcher Hall

University of Houston

Houston, TX 77204-6021

713-743-4770/713-743-4789 (fax)

 - BauerSeminar.doc << BauerSeminar.doc >>

 - winmail.dat


The nonsolicitation clause is one way (rest is bilateral)  so if it is
included you have to remember to fill in its blanks.  (You probably would
remember this anyway!)

Kay C. Young
Legal Specialist
Enron North America Corp.
713-853-6794 Phone
713-646-3393 Fax
kay.young@enron.com


Thursday Jan 10

 -----Original Message-----
From: 	Marc Stewart <Stewart@Mallia.com>@ENRON
Sent:	Tuesday, January 08, 2002 8:37 AM
To:	'Vic Stewart'; Baughman Jr., Don; 'Reid Home'; 'Reid Work'; 'Kevin Walters'; 'Eric Korth'
Subject:	boat show

The big boat show is going on through the 13th.  Anybody wanna go?  Give
me possible days during the week you can attend.


I am no longer at Enron and am available at sanjaybhatnagar00@yahoo.com. My
US mobile after 15th March will be 832-368-4164 and my mobile in India is
91-98102-67215 when I am in India.


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact Client Services regarding PIRA report distribution and address
changes at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that
are unsure of their licensed distribution or require an extension of
their current license should contact their PIRA sales representative, or
email to sales@pira.com.

PIRA Energy Group

 - ed112101.pdf
 - ed112101.xls


Andy:
Just checking on the options.  Any idea on rollout date?
John


The person at Select Nat Gas interested in the Trailblazer capacity is Calvin Schultz, phone number 303-797-3388.


Thanks for the note Richard, as I indicated, I will be making a presentation
at a Board of Directors meeting out of town on Wed.  I will try to break
away to be on the call for a small portion of time, but I will not be able
to listen in on the entire call.  I will call you and Gary when the board
meeting breaks up by 2 or 3 California time to see what transpired.  Mike
Day

-----Original Message-----
From: Richard.B.Sanders@enron.com [mailto:Richard.B.Sanders@enron.com]
Sent: Tuesday, October 17, 2000 8:28 AM
To: gfergus@brobeck.com; James.D.Steffes@enron.com;
David_Aamodt@pgn.com; MDay@GMSSR.com; msmith1@enron.com;
Jeff.Dasovich@enron.com; Steven.J.Kean@enron.com;
Christian.Yoder@enron.com; Richard.Shapiro@enron.com;
Mark.Palmer@enron.com; Eric.Thode@enron.com; Mark.E.Haedicke@enron.com;
Mary.Hain@enron.com; vsharp@enron.com; dwatkiss@bracepatt.com
Cc: sbuchheit@bracepatt.com; Lysa.Akin@enron.com;
Janette.Elbertson@enron.com; Maureen.McVicker@enron.com
Subject: CPUC Investigation

I have scheduled a conference call for Wednesday October 18 at 1:30 p.m.
central time to discuss our strategy relating to the CPUC investigation.
The dial in number is 1-800-998-2462 (pincode 4699545)

The rough agenda is as follows:

1.   Update on conversations with CPUC attorneys (Fergus and Day)
2.   Update on status of other companies' responses to CPUC subpoena
3.   Update on compilation of trading data to be provided to CPUC (Fergus,
Yoder, Hain, Smith, Aamodt)
4.   Legal analysis regarding Enron's objection to specific requests and to
CPUC jurisdiction (Day, Fergus, Watkiss)
5.   Assignment of tasks to be accomplished


Clement,  Attached is the Enron Corp. guaranty for Transco's transportation
agreement.  We revised the interest language to make it clear we are not
subject to double interest and put in a limited performance guaranty for the
Company's execution of the transportation agreements.

Please  review and let me know if you have questions.


Attached are the attachments Janine referred to in a previous e-mail to you.

Thank you
Laurie


new file:

Thanks,

Mat


You are most welcome even though you are too much of a tight wade to buy my
capacity.

To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: Hallmark cards you'll NEVER see!

There were pretty good.  Thanks, I needed that!  md


Please take a moment to respond to the attached survey.

 - feedback_.doc


I think this is something we should consider.  I'm asking Rob to look into it.

	"Gilbert R. Whitaker, Jr." <grwhit@rice.edu>
	11/16/2000 02:06 PM

		 To: skean@enron.com
		 cc: Christie_Patrick@enron.com
		 Subject:

Steve -

As you may know, Murray Weidenbaum, former Chair of the Council of Economic
Advisors, and Professor of Economics at Washington University in St. Louis
will be the Ken Lay Vinson &Elkins Visiting Scholar at the Jones School for
the period January to May 2001. As he is on sabbatical from Washington
University, he will have no teaching requirements of us but has offered to
give some talks around and about for us.

Since Ken Lay once worked for Murray when Murray was Assistant Secretary of
the Treasury, I wondered if Enron might be interested in jointly sponsoring
a breakfast or luncheon talk by Murray sometime after the first of the
year. He is giving a major address to the Detroit Economic Club in Janurary
and I suspect that he will have the basis for a great talk in Houston as well.

In any event because of the title he will hold and because of our many
joint ventures, I wanted to begin the process of finding a partner in this
endeavor.

Let me know what you think.

gil


FYI

Hal McKinney
work: (713)345-3707 (voicemail)
pager: (713)288-3577
cell: (281)773-7982  (voicemail)

Louisiana Phone (337)583-2470


-----Original Message-----
From: 	Kitchen, Louise
Sent:	Tuesday, August 28, 2001 8:22 AM
To:	Kitchen, Louise
Subject:	FW:

Q3 - Above 50% probability deals over $1mm.  TOTAL BELOW: $72.2mm

1.	East Power
Cornhusker	75%	$5mm - $6.5mm (El Paso has until 7th September to complete the GP, number to book depends on working capital distribution)
Wind		95%	$35mm ($35mm in hedges - working with Wes's team, looking to book this 9/24/01 when San Antonio comes back on contract reassignment)
AES 		95%	$2mm (milestone payment from AES on Haywood)
Calvert City	5% 	$1mm (site sale)

2.	West Power
Saguaro 	50% 	$1mm (NRG closing other 50% from Edison and will complete ours after that - due 9/15/01)
PSCo		100%	$4.7mm (incremental payment from Fountain Valley)
Las Vegas	90%	$2mm (incremental earnings which we can book on closure - 8/31/01)

3.	ECR
EEX VPP 	50%     $5mm (Issues  - (i) 3rd party equity (ii) credit wrap in insurance market

4.	Gas
CMS		75%	$1mm

5.	Canada
CNR		60%	$1.5mm

6.	Mexico
Vitro		80%	$14mm

7.	Negatives
New Albany ($1.1mm) Repairs to plant pre sale
HPL		Already in the summary but will come in ($7.6mm) below their budget on an annual basis
Bridgeline 	Probably ($18.949mm) which is ($5.459mm)  less than plan  to come in (($2.8mm) depreciation, plus restated financials accounts for the rest ($3.778mm Q1&Q2 and $3.86mm is Q3 & Q4 ) accounting errors,

Quarter 4
Longview	1% for Q3 / 70% for Q4 	$15mm - $25mm (promote from sale)


Can you please also get Angela Davis, another new attorney in our Group, edit
access to the Financial Trading Agreement database.  Thanks!


APPROVED
kh

Ronald Matthews
12/04/2000 10:26 AM
To: Earl Chanley/ET&S/Enron@Enron, lkunkel@trigon-sheehan.com,
dadolfs@enron.com
cc: Kevin Hyatt/ET&S/Enron@Enron, Bob Bandel/ET&S/Enron@ENRON, Rich
Jolly/ET&S/Enron@ENRON
Subject: Keystone Unit Regrout & Ovehaul

Marketing has approved the regrout and overhaul for one of the recip units.
This is contingent upon a completion date.  Marketing was hoping for
completion by the end of December.  However, discussions with Engineering
indicate 7 - 8 weeks for the overhaul and regrout.  By copy of this letter I
am requested Marketing to approve or disapprove the Keystone work even though
it will take through January for completion.

Thanks,

Ron M.


you might want to package a deal and move up to number 1 b/c if not you wont
get the player you want.  daddy has #1.


Bill and Tanya:

I am resending this memo to you in light of what I understand is a 3-year
deal that Craig Breslau has done with MARTA (Metropolitan Area Rapid Transit
Authority).  I need to advise Mark Haedicke of the details as soon as
possible since MARTA is a public entity and we do not have an executed Master
Agreement with MARTA.  We sent a draft document to MARTA on May 11, 2001.
Until we resolve the "capacity" or "authority" issue, there is significant
legal risk attached to transactions with governmental entities.

I left a message for Jay Williams to please advise me of trade details.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/17/2001 05:19 PM -----

	Sara Shackleton
	09/21/2000 04:14 PM

		 To: William S Bradford/HOU/ECT
		 cc: Dorothy Youngblood/HOU/ECT@ECT
		 Subject: Municipalities Memo

Bill:  The attached memo was distributed to legal last week.  We have had a
number of questions arise on the power side lately regarding financial
transactions (ranging from short term to quarterly) with governmentals.  As
you will see in the memo, the risks are significant.  Please let me know if
you have any questions.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 09/21/2000 04:09 PM -----

	Brenda Whitehead
	09/11/2000 09:16 AM

		 To: Alan Aronowitz/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Sandi M
Braband/HOU/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT,
Michelle Cash/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Harry M
Collins/HOU/ECT@ECT, Shonnie Daniel/HOU/ECT@ECT, Peter del
Vecchio/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT,
Barbara N Gray/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT, Mark E
Haedicke/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT,
Dan J Hyvl/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT,
Lisa Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Janice R
Moore/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, David
Portz/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT, Lance Schuler-Legal/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Shari Stack/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT,
Mark Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Steve Van
Hooser/HOU/ECT@ECT, Ann Elizabeth White/HOU/ECT@ECT, Stuart
Zisman/HOU/ECT@ECT, Roger Balog/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Anne C
Koehler/HOU/ECT@ECT, Michael A Robison/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT,
Robert Bruce/NA/Enron@Enron, Angela Davis/NA/Enron@Enron, James
Grace/Corp/Enron@ENRON, Mark Greenberg/NA/Enron@ENRON, Brent
Hendry/NA/Enron@Enron, Kay Mann/Corp/Enron@Enron, Martin W
Penkwitz/NA/Enron@Enron, John Viverito/Corp/Enron@Enron, Karen E
Jones/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT,
Christian Yoder/HOU/ECT@ECT
		 cc:
		 Subject: Municipalities Memo

per the request of Mark Haedicke/Elizabeth Sager, please see this
attachment:


Sara,

Please see the attached spreadsheet of the Convertible and Credit Trades in
the name of ECT Investments. We are making an effort to complete our working
files. Please provide us with a copy of the documentation file for the
referenced assets highlighted in green.

Feel free to call or e-mail me and I will be happy to swing by and pick them
up.

Thanks in advance!

Jorge A. Garcia
Manager- Risk Management
ENA
(713) 853-5596


Bill:  Thanks for the info.   I also spoke with Jeff about how
EnronCredit.com Ltd. was going to work since Dennis O'Connell (London lawyer)
is responsible for that group.  Maybe you will be able to clarify which of
Jeff's "positions" will be hedges and which will be backed to EnronCredit.
Maybe Rod will be handling most of Jeff's credit.  I'd appreciate an update.
Sara

	William S Bradford
	08/29/2000 07:24 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT, Paul Radous/Corp/Enron@ENRON, Rod
Nelson/LON/ECT@ECT
		 Subject: Re: Credit Derivatives

Sara,

Please contact either Paul Radous or me on credit derivatives in the U.S.
Rod Nelson is the lead credit support for EnronCredit.com and should also be
available in London, if necessary.  I am not aware of these recent trades but
I am having lunch with Jeff Kinneman on Thursday to discuss among other
things Credit support for his business.

It does concern me that we would offer to provide collateral DLJ without
Treasury's approval.

Bill

From: Sara Shackleton on 08/28/2000 06:53 PM
To: William S Bradford/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT
Subject: Credit Derivatives

I am seeing more and more credit derivatives.  The trades originating in
Houston are coming from Jeff Kinneman's bond/debt traders but are booked in
the name of ECT Investments, Inc. or ENA.  I can't be certain if these are
backed to EnronCredit.com Limited.

In particular, there is a proposed total return bond trade with DLJ
International Capital requiring ECT Investments to post collateral.  We have
no master with this party.  Who in Houston credit  is looking at credit
derivatives?

FYI, other credit deals seem to be transacted wtih Deutsche Bank and UBS AG.


Martin,

Let me read it Friday. We run our papers by our PR
department to review for any potential conflict with the company line.
I shall fwd it to them.

I think you should submit it as an Enron employee with a note
that it was developed when you were at UT.

Vince

From: Martin Lin on 04/02/2001 11:59 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: publication submission question

My supervising professors from UT and I are finishing a paper (finally!) that
is based on work done for my PhD.  All of the research was done while I was a
grad student.  I have a couple of questions regarding submission of this
paper (to IEEE Transactions on Power Systems).

1.  Should I submit it with my affiliation as The University of Texas at
Austin or as Enron (ENA, Corp, etc)?

2.  What legal or other reviews/clearances would I need?

A draft of the paper for your review is attached.

Thanks,
Martin


Thanks for your help.  Now go find me a job.

 -----Original Message-----
From: 	Yanowski, Tommy J.
Sent:	Thursday, February 21, 2002 8:22 AM
To:	Germany, Chris
Cc:	Quezada, Daniel
Subject:	RE: Request Submitted: Access Request 000000000083213

Chris:  I'll get with security and see if I can help out.

Tommy J Yanowski
Sr. Director - Enron Net Works
Work # 713.853.6858
Cell # 713.539.7094

 -----Original Message-----
From: 	Germany, Chris
Sent:	Thursday, February 21, 2002 8:15 AM
To:	Yanowski, Tommy J.
Cc:	Quezada, Daniel
Subject:	RE: Request Submitted: Access Request 000000000083213

Tommy, I see you didn't approve my access for AEP which is fine.  I only need access to all the Estate desks and I just asked Daniel to give me everything because I don't know where the deals are for the other desk.  I didn't know if the Central Desk deals are under Central Desk or one of their many other books.  I think I just need Central, East, West, and Texas.

But, maybe you can help.  My request for the Central Desk needs Darron Giron's approval and he's not in the People Finder.  So he's either at UBS or he left the company.  Do you know who I should be approving that now?

Thanks

 -----Original Message-----
From: 	Quezada, Daniel
Sent:	Wednesday, February 20, 2002 3:52 PM
To:	Germany, Chris
Subject:	FW: Request Submitted: Access Request 000000000083213

	You were not given access to AEP.

 -----Original Message-----
From: 	ARSystem <ARSystem@mailman.enron.com>@ENRON
Sent:	Wednesday, February 20, 2002 3:33 PM
To:	Quezada, Daniel
Subject:	Request Submitted: Access Request 000000000083213

This resource request has been rejected. You can view the details of the  request by clicking http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000083213&Page=MyReq.

Request ID          : 000000000083213
Approver Type       : Data
Signature           : tommy.j.yanowski@enron.com
Comments            : Chris should have access to Enron Estate portfolios only.  He should not need access to any AEP portfolios.
Request Create Date : 2/20/02 3:28:38 PM
Requested For       : chris.germany@enron.com
Resource Name       : Sitara Houston Production AEP Edit Trader
Resource Type       : Applications


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