---------------------- Forwarded by Kay Mann/Corp/Enron on 01/04/2001 01:42
PM ---------------------------

Heather Kroll@ECT
01/04/2001 01:29 PM
To: Ozzie Pagan/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Chris
Gaffney/TOR/ECT@ECT, LWilliams@houstonzoo.org
cc:

Subject: FW: Drinking quotes...

---------------------- Forwarded by Heather Kroll/HOU/ECT on 01/04/2001 01:30
PM ---------------------------

"O'Brien, Karen [IBD]" <karen.obrien@ssmb.com> on 01/04/2001 01:11:37 PM
To: "'christine oliviero'" <christine.oliviero@chamnessrelocation.com>,
"Androwski, Eileen P [CORP]" <eileen.p.androwski@ssmb.com>, "'heather'"
<hkroll@enron.com>, "'kerry heyburn'" <kheyburn@edificerex.com>, "'Lori'"
<CFICARE32@aol.com>, "Scandiffio, Sandra [IBD]" <sandra.scandiffio@ssmb.com>,
"'Susan'" <sjsfarkle@aol.com>
cc:
Subject: FW: Drinking quotes...

> -----Original Message-----
> From: Daza, Monica [EQTY]
> Sent: Thursday, January 04, 2001 10:03 AM
> To: Sanchez, Zoraida [EQTY]; Sprau, Katina [EQTY]; O'Brien, Karen [IBD];
> Masone, Theresa
> Subject: Drinking quotes...
>
> Drinking quotes
> >
> > I feel sorry for people who don't drink. When they wake up in the
> morning,
> > that's as good as they're going to feel all day.
> > -Frank Sinatra
> >
> > An intelligent man is sometimes forced to be drunk to spend time with
> his
> > fools.
> > -Ernest Hemingway
> >
> > Always do sober what you said you'd do drunk. That will teach you to
> keep
> > your mouth shut.
> > -Ernest Hemingway
> >
> > Time is never wasted when you're wasted all the time.
> > -Catherine Zandonella
> >
> > Non-Drinker: a weak person who yields to the temptation of denying
> himself
> > a pleasure.
> > -Ambrose Bierce
> >
> > Reality is an illusion that occurs due to lack of alcohol.
> > -Anonymous
> >
> > A woman drove me to drink and I didn't even have the decency to thank
> her.
> >
> >
> > What contemptible scoundrel has stolen the cork to my lunch?
> > -W.C. Fields
> >
> > When I read about the evils of drinking, I gave up reading.
> > -Henny Youngman
> >
> > Life is a waste of time, time is a waste of life, so get wasted all of
> the
> > time and have the time of your life.
> > - Michelle Mastrolacasa
> >
> > 24 hours in a day, 24 beers in a case. Coincidence?
> > -Stephen Wright
> >
> > When we drink, we get drunk. When we get drunk, we fall asleep.
> > When we fall asleep, we commit no sin. When we commit no sin, we go to
> > heaven. Sooooo, let's all get drunk, and go to heaven...
> > -Brian O'Rourke
> >
> > You can't be a real country unless you have a beer and an airline - it
> > helps if you have some kind of a football team, or some nuclear weapons,
> but at
> > the very least you need a beer.
> > -Frank Zappa
> >
> > Always remember that I have taken more out of alcohol than alcohol has
> > taken out of me.
> > -Winston Churchill
> >
> > Beer is proof that God loves us and wants us to be happy.
> > -Benjamin Franklin
> >
> > If you ever reach total enlightenment while drinking beer, I bet it
> makes
> > beer shoot out your nose.
> > -Deep Thought, Jack Handy
> >
> > Without question, the greatest invention in the history of mankind is
> > beer.
> > Oh, I grant you that the wheel was also a fine invention, but the wheel
> > does not go nearly as well with pizza.
> > -Dave Barry
> >
> > The problem with the world is that everyone is a few drinks behind.
> > -Humphrey Bogart
> >
> > Give me a woman who loves beer and I will conquer the world.
> > -Kaiser Wilhelm
> >
> > I would kill everyone in this room for a drop of sweet beer.
> > -Homer Simpson
> >
> > Not all chemicals are bad. Without chemicals such as hydrogen and
> oxygen,
> > for example, there would be no way to make water, a vital ingredient in
> beer.
> > -Dave Barry
> >
> > All right, brain, I don't like you and you don't like me - so let's just
> > do this and I'll get back to killing you with beer.
> > -Homer Simpson
> >
> > If I had a nickel for every beer I've bought; I'd buy more
> > - Priscilla Marsh
> >
> > Sir, if you were my husband, I would poison your drink.
> > -Lady Astor to Winston Churchill
> > Madam, if you were my wife, I would drink it.
> > -His reply
> >
> > Work is the curse of the drinking class.
> > -Oscar Wilde
> >
> > People who drink light beer don't like the taste of beer; they just like
> > to pee a lot.
> > -Capital Brewery, Middleton, WI
> >
> > I drink to make other people interesting.
> > -George Jean Nathan
> >
> > They who drink beer will think beer.
> > -Washington Irving
> >
> > You're not drunk if you can lie on the floor without holding on.
> > -Dean Martin
>
>


Dr. Gary Ross (PIRA CEO)  will here tomorrow to discuss the global oil
markets.

Thursday Dec 7, 2000 in room 8C1 from 3:30 to 5


At Gerald Nemec's request, attached is the Project 20/20 PSA Schedules.


I don't know.  I haven't heard anything.  You might want to talk to superfan
( aka  Chad)

Nick Hiemstra
04/03/2000 03:31 PM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: NO GAME TONIGHT

So who's watching the game and where?

	Enron North America Corp.

	From:  Eric Bass                           04/03/2000 03:08 PM

To: Brian Hoskins/HOU/ECT@ECT, Luis Mena/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Amir Ahanchian/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT, Timothy
Blanchard/HOU/EES@EES, Bryan Hull/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT,
O'Neal D Winfree/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Kenneth
Shulklapper/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT
cc:
Subject: NO GAME TONIGHT

Tonight's game has been cancelled


NYMEX Membership Services
March 21, 2001
Notice # MS-20

NOTICE OF INTENTION TO LEASE ORIGINAL MEMBERSHIP

Please be advised that effective with the close of business, March 21, 2001,
the following member(s) have given notice of intention to lease their sole
membership privileges:

Daniel Rappaport (RAP-966)

NOTICE OF INTENTION TO TRANSFER

Please be advised that effective with the close of business, March 21, 2001,
the following member(s) have given notice of intention to transfer their sole
Membership within the Exchange:

William Perlman (BYTE-4469)

NOTICE OF INTENTION TO SWITCH QUALIFYING CLEARING MEMBER

Please be advised that effective with the close of business, March 21, 2001,
Refco, Inc., will no longer guarantee the following member(s):

Michael Visconti (VSKO-3331)
Mark L. Stefanelli (STEF-3488)
Peter Bonello (BNLO-4852)
Donald Murray (MURY-4130)
Mark Cricco (MEC-7995)

 Also, Please be advised that effective with the close of business, March 21,
2001, Pioneer Futures, Inc., will no longer guarantee the following member(s):

Vincent DiAngelo (MAD-3250)
Robert Adelstein (ADEL-3019)
Joel Finegold (JOEL-4346)

 However, the above mentioned will remain a members guaranteed by Banc One
International Corp.  In connection therewith, notification of any claims
against the aforementioned individuals arising out of transactions executed
on the Exchange up to the close of business March 21, 2001, must be submitted
to the Corporate Secretary,s Office within (10) ten days.

 Furthermore, the foregoing members will be affiliated with Barclays Bank Plc.

 Members and Member Firms have (10) days from the date of this notice to
advise the Corporate Secretary,s Office of any claims in accordance with Rule
2.51.

 Inquiries regarding the above should be addressed to the Member Services
Department (212) 299-2379.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(MS-20)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


FYI  - Europe spends an average of $4-9 per person on
the arts compared with the US at .64 and declining.

>
> On NPR's Morning Edition, Nina Totenberg reported
> that
> if the
>
> > Supreme Court supports Congress to cut the budget
> of
> the National
>
> > Endowment of the Arts, it is in effect the end of
> NEA. This situation
>
> > creates
>
> > great concerns about Congressional funding for
> creative arts in
> America,
>
> > since
>
> > NEA provides major support for NPR (National
> Public
> Radio), PBS
> (Public
>
> > Broadcasting System), and numerous other creative
> and performing
> arts.
>
> If
>
> > NEA is lost or weakened, our lives will be
> similarly
> diminished.
>
> >
>
> > In spite of the efforts of each station to reduce
> spending costs and
>
> > streamline their services, some government
> officials
> believe that
>
> > the funding currently going to these programs is
> too
> large a portion
> of
>
> > funding for something which is seen as not
> worthwhile.
>
> >
>
> > Currently, taxes from the general public for PBS
> equal $1.12 per
> person
>
> > per year, and the National Endowment for the Arts
> equals $.64 a year.
>
> > A January 1995 CNN/USA Today/Gallup poll indicated
> that 76% of
>
> > Americans wish to keep funding for PBS, third only
> to national
> defense
>
> and
>
> > law enforcement as the most valuable programs for
> federal funding.
>
> >
>
> > Each year, the Senate and House Appropriations
> Committees each have
> 13
>
> > subcommittees with jurisdiction over many programs
> and agencies.
>
> > Each subcommittee passes its own appropriation
> bill.
>  The goal each
> year
>
> is
>
> > to have each bill signed by the beginning of the
> fiscal year, which
> is
>
> > October 1.
>
> >
>
> > The only way that our representatives can be aware
> of the base of
> support
>
> > for PBS and funding for these types of programs is
> by our making our
>
> > voices heard.
>
> >
>
> > Please add your name to this list and forward it
> to
> friends who
>
> > believe in favor of what this stands for.
>
> >
>
> > The full list will be forwarded to the President
> of
> the United
> States,
>
> > the Vice President, and the Speaker of the House,
> whose office has in
>
> > the past been the instigator of the action to cut
> funding to these
>
> > worthwhile programs.
>
> >
>
> > This petition is being passed around the Internet.
>
> Please add your
> name
>
> > to it so that funding can be maintained for the
> NEA,
> NPR, and PBS.
>
> >
>
> > THIS IS OUR CHANCE TO MAKE INTERNET TECHNOLOGY
> WORK
> AS A VOICE IN OUR
>
> > DEMOCRATIC SYSTEM.  IT'S EASIER THAN EVER TO MAKE
> OUR VOICES HEARD.
>
> >
>
> > Please keep the petition rolling.  Do not reply to
> me.
>
> >
>
> > Sign your name and locale to the list and forward
> it
> to others to
> sign.
>
> > If you prefer not to sign, please send the list to
> the email address
>
> > given below.  This is being forwarded to numerous
> people at once to
> add
>
> > their names to the petition. It won't matter if
> many
> people receive
>
> > the same list, as the names are being managed.
> This
> is for anyone
> who
>
> > thinks NPR and PBS deserve $1.12/year of their
> taxes.
>
> >
>
> > If you sign, please forward the list to others.
> If
> not, please don't
>
> kill
>
> > it.
>
> >
>
> > **** If you happen to be the 150th, 200th, 250th,
> etc., signer of
> this
>
> > petition, please forward a copy to:
> wein2688@blue.univnorthco.edu
> This
>
> > way we can keep track of the lists and organize
> them.  Forward this
> to
>
> > everyone you know, and help us to keep these
> programs alive.
>
> >
>
> > Thank you !!!
>
> > NOTE: It is preferable that you SELECT the
> entirety
> of this letter
> and
>
> > then COPY it into a NEW outgoing message, rather
> than simply
> forwarding
>
> > it.  In your new outgoing message, add your name
> to
> the bottom of the
>
> > list, then send it on.  Or, if the option is
> available, do a SEND
> AGAIN.
>
> >
>
> > 1.  David Liberman, Sylva, NC
>
> > 2.  Marie Harrison, Sylva, NC
>
> > 3.  Randi Beckmann, Ithaca, NY
>
> > 4.  Bill Wertheim, Mt.  Vernon, NY
>
> > 5.  Marlene Wertheim, Mt.  Vernon, NY
>
> > 6.  George Wertheim, San Francisco, CA.
>
> > 7.  Linda Wertheim, San Francisco, CA
>
> > 8.  Linda R.  Semi, Walnut Creek, CA
>
> > 9.  Margaret C.  Forness, Pleasant Hill, CA
>
> > 10.  Phillip D.  Rubenstein, Syracuse, NY
>
> > 11.  Timothy J.  Connell, Madison, WI
>
> > 12.  Stacia E.  Jesner, Mt.  Kisco, NY
>
> > 13.  Jenna Schnuer, NYC, NY
>
> > 14.  Julia Kohn, NY, NY
>
> > 15.  Maria Sarro, NY, NY
>
> > 16.  Evan Schwartz, Cliffside Park, NJ
>
> > 17.  Pat Waters, Lakewood, CO
>
> > 19.  Karen Tilton, Maquoketa, IA
>
> > 20.  Kent Crawford
>
> > 21.  Terry Dillon
>
> > 22.  Gene Bechen, Coralville, IA
>
> > 23.  Neal Schnoor, Kearney, NE
>
> > 24.  Sam Zitek, Crete, NE
>
> > 25.  Jay Kloecker
>
> > 26.  Marilyn Godby, Papillion, NE
>
> > 27.  Lucina Johnson
>
> > 28.  Alfred Tom Johnson
>
> > 29.  Tyler Corey Johnson
>
> > 30.  A.  Corey Limbach
>
> > 31.  Paula Smith, Berkeley, CA
>
> > 32.  Pat Quinn, Alameda, CA
>
> > 33.  Andrea Quinn, Alameda, CA
>
> > 34.  Jerry Hackett, Berkeley, CA
>
> > 35.  Richard Hackett, NY
>
> > 36.  Jeffrey Green, CA
>
> > 37.  Phil Chernin, CA
>
> > 38.  Sandra S.  Bauer, CA
>
> > 39.  Gregory LeVasseur, San Francisco, CA
>
> > 40.  Keiko LeVasseur, San Francisco, CA
>
> > 41.  Diego Gonzalez, San Francisco, CA
>
> > 42.  David D.  Berkowitz, Washington, DC
>
> > 43.  Peter Glass, Bellevue, WA
>
> > 44.  Mary Frances Rimpini, Kent, WA
>
> > 45.  Mary Frances Stevens, Kirkland, WA
>
> > 46.  Linda Grebmeier, Benicia, CA
>
> > 47.  Lee Altman, Benicia, CA
>
> > 48.  Jeffrey Gray, South Orange, NJ
>
> > 49.  Ed Jones, Orange, NJ
>
> > 50.  Daniel P.  Jones, Glenside, PA
>
> > 51.  Jenifer Goetz, State College, PA
>
> > 52.  Arnold R.  Post, Carrboro, NC
>
> > 53.  Anna E.  Post, Carrboro, NC
>
> > 54.  Robert A.  Post, Cape May, NJ
>
> > 55.  Evelyn M.  Post, Cape May, NJ
>
> > 56.  Jay A.  Sklaroff, Philadelphia, PA
>
> > 57.  Harry M.  Sklaroff, Washington, DC
>
> > 58.  Susan E.  Salmons, Washington, DC
>
> > 59.  Dori Langevin, Silver Spring, MD
>
> > 60.  Ted Langevin, Silver Spring, MD
>
> > 61.  David Mercier, Easton, MD
>
> > 62.  Phoebe Harding, Baltimore, MD
>
> > 63.  Molly Rath, Baltimore, MD
>
> > 64.  Terry O'Hara, Baltimore, MD
>
> > 65.  Nina Wendt, Baltimore, MD
>
> > 66.  Marilyn Clark, Baltimore, MD
>
> > 67.  Cathy McKinney, Boone, NC
>
> > 68.  Harold McKinney, Boone, NC
>
> > 69.  Milena Garcia, Columbia, MD
>
> > 70.  Timothy Morrison, Devore, CA
>
> > 71.  Virginia S.  Kallay Cleveland, OH
>
> > 72.  Nancy Cleaveland, Atlanta, GA
>
> > 73.  Cindy Lutenbacher, Decatur, GA
>
> > 74.  Kaye Norton, Columbus, OH
>
> > 75.  Elaine Haidt, Chapel Hill, NC
>
> > 76.  Harold Haidt, Chapel Hill, NC
>
> > 76.  Frank Church, Chapel Hill, NC
>
> > 77.  Astrid R.  Jarzembowski, Garrison, NY
>
> > 78.  Ted Wischhusen, Mesa, AZ
>
> > 79.  Hugh Wischhusen, Tucson, AZ
>
> > 80.  Theo Wischhusen, North Brunswick, NJ
>
> > 81.  Ian Swanson, Bakersfield, CA
>
> > 82.  Beigher Taylor, Bakersfield, CA
>
> > 83.  Donald McClure, San Diego, CA
>
> > 84.  Kimberly Ver Steeg, New York, NY
>
> > 85.  Lynda Akerman, Long Island City, NY
>
> > 86.Theresa
>
> > 87 Donnell Moseley
>
> > 88. Louise Sanchione, Scottsdale, AZ
>
> > 89.  Ryan Krch, Phoenix, AZ
>
> > 90. Dayna Kowata Robinson, Mesa, AZ
>
> > 91. Nancy Lust
>
> > 92. Holly Thorsen
>
> > 93  (Rtrd St Senator) Donn Charnley, Shoreline, WA
>
> > 94. Mary F. Fox, Shoreline, WA
>
> > 95. Brenda Devereux-Graminski, Shoreline, WA
>
> > 96. Jerry Graminski, Shoreline, WA
>
> > 97. Karen Johnson, Redmond, WA
>
> > 98. Francine Staczek, Seattle, WA
>
> > 99. David Staczek, Seattle, WA
>
> > 100. Maya Lucchitta, Seattle, WA
>
> > 101. Markus Doerry,  Anchorage, AK
>
> > 102.  Janae Wallace, Salt Lake City, UT
>
> > 103. Karen De Rose Salt Lake City, UT.
>
> > 104.  Hilary Garrett  Vancouver, WA
>
> > 105.  Mike Rivera, Taos, NM
>
> > 106. Jaquelin LoydTaos,NM
>
> > 107.  Allegra Huston, Taos NM
> > 108. Trey Speegle, Brooklyn, NY
> > 109. Roswell Hamrick, New York City, NY
> 110. Peter Frank, New York City
> 111. Stephen Magner, Washington DC
> 112. Ilse Lemke, Corte Madera, CA
> 113. Anna Kauffman, San Francisco, CA
> 114. Kelly Irby
115. Amelia Stephan, San Francisco, CA
>116. Nicholas Stephan, Houston, TX

>117.       Susan Scott, Houston, TX


FYI
---------------------- Forwarded by Mary Hain/HOU/ECT on 02/09/2001 09:43 AM
---------------------------

Murray P O'Neil
02/09/2001 08:49 AM
To: gfergus@burbeck.com
cc: Christian Yoder/HOU/ECT@ECT, Steve C Hall/PDX/ECT@ECT, Mary
Hain/HOU/ECT@ECT
Subject: November RT Market Default Invoice

Gary,

Attached you will find a November RT (Real Time)  Market Default Invoice
which was receive by EPMI from the PX this morning.

This invoice was published on the PX Settlement Web Site.  Again, the PX
failed to notify market participants that this invoice was out there.
Normally they would send an email out and inform all market participants of
it's availability.  If Market Participants don't know about this invoice
being out there they will end up defaulting on their payments.  (That may be
what the PX wants so they can go after the collateral.

If you have any questions please let me know.

Good luck today! - MO


We would like to take this opportunity to thank everyone who took the time to
respond to the Pulse survey conducted in October.  Your feedback is very much
appreciated.
The survey helps identify inhibitors that keep you from accomplishing your
job, while helping us assess the company,s progress toward removing barriers
that keep employees from achieving their personal best.
Out of the 2,299 ENA/EGM/EIM employees invited to participate in the survey,
1,478, or 64% responded.  Enron uses an outside firm, Watson Wyatt, to
tabulate data and report results.  A synopsis of what we heard from you has
been added to our intranet site.  The site address is
http://home.ena.enron.com/pulse/.
Our Strengths

Strengths are based on the highest percentages of favorable responses to
survey questions:

 * Employees are satisfied with their benefits     87%
 * Employees can believe information from top management   78%
 * Employees would recommend ENA/EGM/EIM as a good place to work 78%
 * Supervisors/Managers treat their employees fairly    76%
 * Supervisors/Managers encourage teamwork     73%
 * People are treated with respect       72%
 * ENA/EGM/EIM is well managed       72%

Improvement Opportunities

Improvement opportunities are based on the lowest percentages of favorable
responses to survey questions:

 * Communication/Information Flow       35%
 * Information Technology        32%
 * Workload          26%

We are pleased with these results because they exhibit a strong belief in
Enron,s core values of Respect, Integrity, Communication and Excellence.
These results are indicative of the quality of our employees at all levels.

The Pulse survey enables us to focus on real issues affecting each employee.
We will evaluate these results and consider remedies to the inhibitors that
affect us on a daily basis.  Your ideas are welcomed and we will be seeking
your input.  Great strides have been made since the first survey in 1996, and
we intend to continue in this vein.

Please plan to take part in future surveys, which will continue providing
valuable information to help build a successful organization.  Again, thank
you for your input.


Attached is the report for the week ended December 1, 2000.   Due to
technical difficulties, the report is back in the old style word document
format.    Jan will add this document to the website archive when she returns
to the office next week.

Here is GISB Order 587-M.

Here are EPMI's Comments to the GridFlorida RTO Filing.


I can get this moving as soon as we have the company identity and bank info in hand.  Bill Rust has all the forms in a file and a list of the items we will need to complete the forms.  Smith will work with ERCOT to get the testing started.  We also need a check for $500 to start.

-----Original Message-----
From: Gilbert-smith, Doug
Sent: Mon 1/14/2002 1:27 PM
To: Yeung, Charles
Cc:
Subject: qse

Charles,

Is this in your capable hands? Obviously I would like to get this up and running asap.

Thanks,

Doug


Now I know why God made lawyers!  Below is Kevin Liss' latest analysis.  His
main thesis is that there is a huge return available to the company that will
take the tax risk.  We just have to find that company.

--Dan

---------------------- Forwarded by Daniel Reck/HOU/ECT on 10/31/2000 04:07
PM ---------------------------

Kevin Liss@ENRON
10/31/2000 02:24 PM
To: Daniel Reck/HOU/ECT@ECT, Tim Proffitt/HOU/ECT@ECT
cc: Stephen H Douglas/HOU/ECT@ECT
Subject: The Way Forward

Dan, in response to your question yesterday, it should still be possible to
get a structural ruling from the IRS along the lines that Deutschebank (DB)
had contemplated.  In that respect, last week's IRS announcement leaves
things unchanged.

That's the good news.  However, in light of last week's IRS announcement, DB
is unlikely to be able to get the new ruling that they desired confirming
Pacificorp's existing letter rulings, which they have told us was critical to
them.  It would appear then that the Pacificorp deal is a non-starter from
their perspective, at least based upon the present plan of operations.  Tim,
is it at all possible that DB would be willing to drop their demand about
going back for a confirming letter ruling as long as the Pacificorp
facilities are processing at least some percentage of coal fines with their
run-of-mine coal, consistently with their existing rulings?  I doubt it, but
if not, we need to know so that we can move on and think about other ways to
do a coal deal with Pacificorp.  I believe that Pacificorp still needs to
unload their facilities, and they may still be able to leverage off of their
existing rulings, which are still valid and have not been revoked by the IRS.

Without a deal with DB, what are our options now?

First, it is important to recognize that we still have options.  The IRS has
not killed synfuel.  There has not been any change in the substantive law.
Last week's announcement was just that -- an announcement of the IRS's point
of view.  The news is that the IRS is getting out of the business of issuing
private letter rulings to private taxpayers in the synfuel business, which
has been an important source of comfort to many investors, but not
necessarily vital.  Deals get done all the time without the benefit of having
a private letter ruling from the IRS (generally in reliance on an opinion of
outside counsel).  We just need to think in terms of what the landscape looks
like in the absence of getting a new ruling.

One approach would be to follow through with our plans for Pacificorp's
facilties, meaning we would relocate them, and continue running run-of-mine
coal, the IRS be damned, and just find an equity player with a greater risk
profile than Pacificorp.  In short, we would need companies who are willing
to rely on Pacificorp's existing rulings, period (along with an appropriate
indemnity).   It seems to me that if the price is right, someone ought to be
willing to step up.   While the risk is now greater, the potential returns
are potentially mind-blowing, and an equity player ought to be able to get an
opinion of outside counsel vouching for the viability of the credits,
notwithstanding the IRS' current view of the law.  It seems to me that this
is the only approach that makes sense.

Alternatively, Pacificorp's facilities could revert back to being a pure coal
fine processing facilities in an atttempt to conform with the IRS's recent
announcement.  The IRS announcement implicitly endorses facilities that
process "waste coal fines," so such facilities could still qualify for new
private letter rulings.  The IRS announcement defines the term "waste coal
fines" very vaguely, not specifying either the coal size, or what it is that
makes coal fines properly viewed as "waste" coal fines.  If you think in
lawyerly terms and try to deconstruct the literal language they use in their
announcement, I can envision that Enron could synthetically create "waste"
coal fines by rewriting some of our coal supply contracts with utility
customers to provide for the sale of only coal of 3/4 inches or greater,
resulting in a residual category of "unwanted" coal that we could separately
market to synfuel plants as "waste" coal fines.  In other words, they could
be fairly described as "waste" insofar as another coal customer specifically
excluded it from their contract.  In addition, the IRS announcement does not
require a waste coal fine processing facility to pelletize its output, as
some commontators had feared, which is a helpful development because the
pelletizing process would be a tremendous drag on capacity.

However, there are real difficulties with this approach.  First, the relevant
language in the IRS announcement defining "waste coal fines" is not real
statutory law.  It is basically just an IRS policy statement, meaning that we
cannot bind the IRS to it.  So the opportunity for gamesmanship over the
IRS's choice of language is much more limited than it would be if this were
statutory law.  Also, Price Manford has reported to me that what the IRS
really has in mind in terms of what is acceptable to them as bonafide waste
fines is fines from true waste ponds.  Even if the taxpayer can argue over
the meaning of the term "waste" fines, the IRS can stick to their
understanding of the term, at least for the sake of deciding whether to issue
a new ruling.  In short, the IRS may not be willing to give a new ruling
based on a coal fines facility that does not process the truly 3 or 4% waste
fines incidental to mining operations.  If you are not going to be able to
get a new ruling anyway, what's the point of going back to being a coal fine
processing facility?

But there is another more fundamental problem to the latter approach.
Pacificorp already has good private letter rulings that bless coal fines
generally (i.e., not merely "waste" coal fines) as well as run-of-mine coal.
Why would anyone want to go back to the IRS to get a new ruling that is more
restrictive than the ones that they already have?  That is truly putting
value at risk.

In my view, the best deal for Pacificorp would be to market their existing
rulings as essentially "above market" rulings, insofar as they go farther
than the IRS currently allows, giving them a competitive advantage over other
synfuel operators who never got a ruling.  It seems to me that if they can be
persuaded to lower their price expectations in light of the new landscape,
since a new equity player is going to have to bear real risk, then we may
still have an opportunity to do a synfuel deal.

Kevin Liss
x58601


-----Original Message-----
From: 	"Bates, William" <wbates@mdbe.com>@ENRON
Sent:	Friday, September 28, 2001 5:08 PM
To:	'Jines, Michael L.'; 'Gussett, Sheryl Esq.'; 'john.c.herbert@dynegy.com'; Mellencamp, Lisa; 'tlauria@whitecase.com'; 'Philip Warden (E-mail)'; 'ceklund@llgm.com'; 'collt@perkinscoie.com'; 'zack.starbird@mirant.com'
Cc:	Michelson, Randy; Lubic, Michael; Houlihan, Terry
Subject:	SCE - Call with Tom Walper
Importance:	High

        Tom Walper  just called to acknowledge receipt of our letter.  His tone was  cordial.  He said Ted Craver is out until Monday and asked if we could wait  to talk until then.  I said (cordially) "sure."
        Walper said  that as SCE begins to talk to our group, as it now is, it wants to get off on  the right foot.  He asked why we are interested in a forbearance  agreement - is our concern that SCE wouldn't have enough money to  pay generators if it paid others first?
        I said I  could not speak for the group, and that one point of meeting is  that creditors may have different perspectives that they will want to  express directly.
        We then  talked "out of school" - each saying we were not speaking even for our clients -  as follows:
        I said that  I don't have enough information to know that SCE will be able to pay the  generators, so would appreciate having SCE address the credit issue Walper  raised.  The second concern I identified was that SCE would make its peace  with everyone else then declare WW3 on generators.  Thus, as we said in the  letter, I indicated that we would be interested in a commitment to make peace  with us before paying everyone else.
        Walper said  - your claims aren't liquidated; it wouldn't be fair to ask us to hold up  everyone else until your claims are fixed.  I suggested that agreeing to  some process for liquidating them (like the current FERC proceeding) other  than through endless litigation would alleviate some of my concern about  WW3.
        We left it  at that.  I expect to hear from Walper again on Monday.

PS to Ted Collins -  please let me have the email address for your in-house contact to I can add him  to the group list; your secreatry gave only his physical address.


As we discussed...
The other memo will follow shortly from Maureen McVicker (my assistant).
---------------------- Forwarded by Steven J Kean/NA/Enron on 06/12/2001
09:08 AM ---------------------------
From: Sherri Sera/ENRON@enronXgate on 06/11/2001 04:51 PM
To: Steven J Kean/NA/Enron@Enron
cc:

Subject: FW: Draft of Organizational Announcement

Steve, Kevin Garland sent this to me hoping to get Jeff's approval to send it
out from the office of the chairman.  Would it make sense to incorporate it
into the memo you're working on?  Please advise.  Thanks, SRS

 -----Original Message-----
From:  Garland, Kevin
Sent: Monday, June 11, 2001 3:28 PM
To: Sera, Sherri
Subject: FW: Draft of Organizational Announcement

Announcing the Formation of One Corporate Equity Investing Unit

To better develop and manage equity investment opportunities related to our
core businesses, Enron has formed one corporate equity investment unit.  This
new unit, Enron Principal Investments, will combine the existing investment
units of ENA, EBS and Enron Investment Partners.  Additionally, the Enron
Special Asset Group will also become part of Enron Principal Investments.
The strategy of Enron Principal Investments will be to work with all the
business units of Enron to identify, execute, and manage equity investments,
which leverage Enron's unique and proprietary knowledge.   These investments
may be in the form of venture capital, LBO's, traditional private equity and
distressed debt positions.

Kevin Garland will serve as Managing Director, overseeing all activities of
Enron Principal Investments.  Gene Humphrey, Michael Miller, Dick Lydecker,
and their groups, will join Kevin and his group to form Enron Principal
Investments.  This new business unit will report to an investment committee,
consisting of Greg Whalley, Ken Rice and Dave Delainey.

 Please join me in congratulating and supporting Kevin, Gene, Michael, Dick
and the other members of this group in this effort.

Jeff Skilling


Hi Mr. Katsof -

I believe someone called about this today, but Mr. Lay asked me to let you
know that these dates don't work for him, either.  Sorry.

Rosalee

Jerusalemfund@aol.com on 05/30/2000 07:54:48 AM
To: klay@enron.com
cc:
Subject: follow up

Dear Ken,
I am in receipt of your letter saying you are unable to join us Aug.19-26,due
to a scheduling problem,but if you were able to ,you would love to come.
Please check our web site www.Jerusalemfund.com for information about our
special Einstein Awards Trip to Israel for information on the largest group
of Hightech Leaders and Executives worldwide to visit Israel together.The
dates are Oct 29-Nov 4,2000. If you were able to join us at that time,you
could recieve your award on this trip, as well as explore hightech
opportunities, joint ventures or acquisitions in Israel .
It is quite an opportunity.
Let me know if this date is a possibility. I urge you to check the web site
for more info
Best,Irwin Katsof


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In Navigator, the profile I use excludes the following package id's. This
will be necessary to get the CES true volume number!!!!!!!!!!!

ENA as Shipper:
152-TRI
154-CON
Bayst.
Covept
Empire
ENA
Enron
Engage
FP&L
Herald Oil & Gas
Hopewel
Hopewll
K Petroleum M&B
Mid Amer
North Coast Energy
Penfuel
Sempra
Statoil
Texaco
Triad
Woodwrd

Calp as Shipper:
152-TRI
888-CES
Boonville
Calp
Delmarv
Empire
ENA
Keyspan
TRIAD

CES package ID's (can't remember them all... these are some of them... you
can look at Chris's reports for other id's):
CES Enduser
Choice
Timet
Swing


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So if you beat Geogia Tech in the Peach Bowl, will ya'll be ranked?  I think
that would help out in recruiting a lot.

	From:  Eric Bass @ ECT                           12/04/2000 02:26 PM

To: Timothy Blanchard/HOU/EES@EES
cc: Chad Landry/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Brian Hoskins/Enron
Communications@Enron Communications, Luis Mena/NA/Enron@Enron

Subject: Re: FYI

and none of them are good :-)

To: Eric Bass/HOU/ECT@ECT, Chad Landry/HOU/ECT@ECT, Matthew
Lenhart/HOU/ECT@ECT, Bryan Hull/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT,
Brian Hoskins/Enron Communications@Enron Communications, Luis
Mena/NA/Enron@Enron
cc:
Subject: FYI

With all of the HYPE surrounding the Big 12 this season....

Nine SEC teams are going to bowls, an unprecedented number of bowl-bound
teams from a single conference in NCAA history.


Lets discuss when you become available.

Ed x5-7712


Looks like they have a rats nest to figure out.

ckm
---------------------- Forwarded by Kay Mann/Corp/Enron on 11/13/2000 04:41
PM ---------------------------

"Thompson, Peter J." <peterthompson@akllp.com> on 11/13/2000 04:13:35 PM
To: "Kay Mann (E-mail)" <kay.mann@enron.com>, "Pipitone, Paul"
<paulpipitone@akllp.com>
cc: "Pipitone, Paul" <paulpipitone@akllp.com>, "Pipitone, Paul"
<paulpipitone@akllp.com>, "Cobb, Christopher" <chriscobb@akllp.com>

Subject: GE Agreement Redline

I just opened the redline that I just forwarded to you all.  I
apologize, but it is still wrong.  The language I added shows up as a
strike-through and ther language I deleted shows up as though added.  I
am desperately atempting to get this straightened out.


NOTE - GIVEN THE PROPOSED LAUNCH DATE OF 24 JANUARY 2000 FOR THIS PRODUCT,
THIS NOTE IS INTENDED TO SERVE BOTH AS A SUMMARY OF THE RESULTS OF OUR LEGAL
DUE DILIGENCE AND AS A RISK MEMO

As you know, we have carried out legal due diligence in the eight countries
where it was intended the credit product  would initially be traded via
EnronOnLine - namely, the UK, the US, Canada, Finland, Germany, Norway,
Sweden and Switzerland.  Under the terms of the credit product, on the
occurrence of  a bankruptcy with respect to a specified third party (the
Reference Entity) the Seller of the product (which could be either Enron or
its online counterparty) will pay a fixed, pre-agreed cash sum in an agreed
currency to the Buyer. (It should be borne in mind that this product differs
in a number of ways from the more conventional credit derivatives traded in
the international markets. This means that a change in the nature or terms of
our product or the introduction of alternative credit products will likely
change the analysis below.)

Set out below is an overview of where we have come out on the more
significant legal issues.  I am also attaching a two page "Executive Summary
of Legal Advice" prepared by outside counsel which highlights the significant
legal issues/risks in each country and which should be read in conjunction
with this note mail. As you will see, the Executive Summary does not focus on
issues we raised which are "all clear" from a legal perspective, so as to
keep the summary to a sensible length  (but there was plenty of good news
too!).  Where a legal issue has been identified, I have either set out below
what action is to be taken, or not addressed it further on the basis that, on
the advice of foreign counsel, the risk is not very substantial or unlikely
to materialise. Therefore, where no comment is made below in relation to a
risk highlighted in the attached summary, please assume that the legal risk
is one which, in our view, it is reasonable to take.

A.  Countries in which the credit product can be traded in January 2000

 Finland, Norway, Sweden, Switzerland, UK, US

B.  Countries in which launch of the product via EnronOnline will need to be
delayed

 Canada, Germany (reasons set out below)

C.  General Issues (applicable in all countries)

The credit product is fundamentally different from the usual energy and
related products we trade and so gives rise to new or increased legal risks
of a general nature:

(i)  Capacity - We will not be able to assume generally that our
counterparties will have the legal power and authority necessary to trade the
product and so will need to check each counterparty's constitutional
documents before allowing them to trade the product online.  This applies to
almost all entities (eg corporates, municipalities, insurance companies) in
all countries.  Some entities may lack the power to trade under the general
law (in which case we will not be able to deal with them at all) or under
their constitutional documents (in which case they will need to amend their
constitutional documents if they wish to trade).

The check need only be made once at the beginning of the credit trading
relationship and so can be added to our procedures.  It is not a particularly
onerous job and will increase the cost of this business only incrementally.

(ii)  Confidentiality - We will need to put in place procedures to ensure
that we are not misusing confidential information about our business
counterparties on whom we are offering credit protection.  Misuse can occur
both in pricing the product and trading it.  The procedures will not include
formal Chinese Walls separating the credit traders from our other traders or
the credit department (a point we have managed to agree with both UK and US
counsel following very detailed discussions).  The procedures will include
(a) the use of a Restricted List in both the US and Europe (similar to the
procedure currently used in Houston); and (b) practical steps to ensure that
confidential information derived from other areas of our business and which
we are not entitled to use (eg because it is the subject of a confidentiality
agreement) is not imparted to the credit traders.  In addition, where Enron
has an especially close relationship with a prospective reference entity, or
otherwise has confidential information relating to such an entity, we will
need its written consent before offering protection on that entity.  Without
such consent, there will be an unjustifiably high risk of being sued by that
entity for breach of confidence.

D.  Country Specific Issues

(i)  Canada - There is a substantial risk that the product will constitute
insurance business, constituting an offence and rendering contracts in the
product unenforceable against our counterparties.  We should try to resolve
this issue with the Canadian authorities before launching the product in
Canada.  Timeframe for clearance is highly uncertain since it is not clear
which Canadian authority would take jurisdiction of the matter.

(ii)  Germany -  Again the issue is insurance.  The risk is higher than in
Canada and so Germany should be excluded initially.

(iii)  Norway - There is a material risk that the credit product could be
regarded as gaming in Norway, in which case trades would be void and
unenforceable.  The normal way to mitigate this risk in Norway is by using a
"substantial professional effort" to satisfy ourselves that a trade is being
entered into for valid commercial purposes (normally hedging) by our
counterparty. Clearly, it will not be possible to take such steps on a trade
by trade basis in the context of EnronOnline.  At a minimum, we should
therefore ensure at the outset of the online trading relationship in this
product with each Norwegian counterparty that there is a commercial logic
behind its trading this product type.

(iv)  Switzerland -  If the credit product is the main purpose of our trading
relationship with a counterparty, we should check with the Swiss supervisory
authority whether the product constitutes insurance (the position being
unclear).  If a trade is insurance, it can be terminated by the counterparty
(which is obviously of greater concern if Enron is the Buyer) and an offence
will be committed since Enron is not authorised as a Swiss insurer.  However,
I understand that the initial group of counterparties will be existing
business relationships, in which case we can parallel path this issue.

(v)  US (New York Law)

(a) CFTC regulation - by structuring the product either as a swap or an
option (and meeting certain other conditions) we can rely on exemptions under
the US Commodities Exchange Act.

(b)  US securities laws - there is a small chance that the credit product
constitutes a "security" under US securities laws (please see attached
Executive Summary).  However, SEC regulations allow the public offering of
securities to "accredited investors" which will allow us to deal with
investors having at least US$5 million in assets.  Since most of our
counterparties will be fairly large, sophisticated players, this test should
not impede the business.

(c)  Insider trading - US counsel have advised that the risk of insider
trading occurring as a result of the product being characterised as security
(see (b) above) is relatively remote.

------------------------------------------------------------------------------
--------------------
Please feel free to call me on x36566 if you would like to discuss this
project further.

Best regards

Paul


I thought you'd appreciate this email from my brother.  It's the best family
email I've gotten lately.  I'm such a great sister...I bought the present,
wrapped the present (or at least watched while the clerk wrapped it), and
delivered it to my mom for her birthday, and I was nice enough to put my
brother's name on the gift.

RR

---------------------- Forwarded by Robin Rodrigue/HOU/ECT on 08/30/2000
11:32 AM ---------------------------

"Paul Rodrigue" <paul.rodrigue@trin.net> on 08/29/2000 03:41:28 PM
To: Robin.Rodrigue@enron.com
cc:
Subject: Mom's b-day

Mom call the other day and thanked me for her present. What did I get her?

Paul


Dear CERA.com Client:

CERA invites you to take a sneak preview of our new Website at
http://beta.cera.com/ currently in the final stages of development and
scheduled for release later this year.

As a frequent user of CERA.com, we value your opinion and urge you to visit
the site to "kick the tires" and provide us with some constructive feedback.

The new site will feature enhanced navigation, improved search capabilities,
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We hope you will take the opportunity to visit the site in the near future.
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Sincerely,

CERA Web Team

P.S. If you encounter any technical difficulties accessing
http://beta.cera.com please contact the CERA Webmaster at webmaster@cera.com


Sure, let's talk.

Kim Kouri
11/30/2000 09:27 AM
To: Michelle Lokay/ET&S/Enron@Enron
cc:

Subject: Park-n-ride and Deal Profitability

Michelle is it possible to evaluate a park-n-ride in deal profitability?  If
not would this be valuable?  If it would be Mei-Ling and I would like to meet
with you to understand what we might have to modify.


Good Morning,

Attached, please find the latest issue of our Independent Power Weekly.

 <<IPW052101.doc>>
Summary:
1. IPPs Rise 4.6%   Last week our IPP composite closed up 4.6%,
outperforming both the NASDAQ (+4.3%) and the S&P 500 (+3.7%).  NRG Energy
and Mirant Corp. were the strongest performers in the group, rising 8.0% and
7.9%, respectively.  International Power was the weakest performer, falling
1.2%.

2. Mirant Shines at Analyst Meeting   The major event last week was Mirant's
analyst meeting on Monday and Tuesday (5/14 and 5/15).  Following the
meeting, we raised out target price to $62 from $48.  We left the meeting
with 3 major conclusions: 1) The whole is greater than the sum of the MWs;
2) Mirant is executing; 3) Mirant is undervalued.  We believe investors have
overlooked the value in MIR's integrated asset/trading and marketing energy
merchant platform by solely focusing on the company's power generation
business.  MIR clearly represents one of the best values in the IPP group.
The stock is trading at 23.9 times our 2001 EPS estimate, which represents a
14% discount to the IPP group average of 27.8x.

3. President's "Free Market" Based Energy Plan Positive for IPPs   On
Thursday (5/17), President Bush presented the framework of a comprehensive
national energy plan that emphasizes more supply, efficiency, fuel
diversity, and conservation.  To the extent the plan emphasizes "free
market" approaches to solving the nation's energy shortages, we regard it as
positive for the Independent Power Producers.  The plan resists calling for
interventionist measures, such as price caps, to mitigate high wholesale
power prices.  In addition, the report attributes the California power
crisis to poor public policy and a fundamental supply/demand imbalance.  It
does not embrace the theory, put forth by many local California politicians,
that power generator market manipulation and price gouging gave rise to the
situation.
4. NERC Releases Summer Assessment Report   On May 15, the North American
Reliability Council (NERC) published 2001 Summer Assessment Report.  NERC
believes that going into the Summer most regions of the US have adequate
generation resources to meet demand, barring a major heat wave or an
unplanned outage of a large plant.  However, the study finds California and
the Northwest to be major areas of concern.   Further, the report cites
Texas, New England and New York City as areas that should be closely
watched.
5. Looking Ahead: Brazilian Government to Announce Measures to Increase
Power Supply    This week the Brazilian government is expected to unveil a
series of proposals to stimulate generation supply, which should include the
removal of regulatory obstacles to new investment.  We believe this
announcement will be positive for AES Corp. shares.  Recently, management
indicated it would suspend nearly $2 billion of planned Brazilian generation
investments due to regulatory issues that have impeded AES's ability to
finance these investments.  The removal of these project financing
impediments would result in an important growth opportunity for the company.
Regards,

Neil Stein   212/325-4217
Bryan Sifert   212/325-3906

This message is for the named person's use only.  It may contain
confidential, proprietary or legally privileged information.  No
confidentiality or privilege is waived or lost by any mistransmission.
If you receive this message in error, please immediately delete it and all
copies of it from your system, destroy any hard copies of it and notify the
sender.  You must not, directly or indirectly, use, disclose, distribute,
print, or copy any part of this message if you are not the intended
recipient. CREDIT SUISSE GROUP and each of its subsidiaries each reserve
the right to monitor all e-mail communications through its networks.  Any
views expressed in this message are those of the individual sender, except
where the message states otherwise and the sender is authorised to state
them to be the views of any such entity.
Unless otherwise stated, any pricing information given in this message is
indicative only, is subject to change and does not constitute an offer to
deal at any price quoted.
Any reference to the terms of executed transactions should be treated as
preliminary only and subject to our formal written confirmation.

 - IPW052101.doc


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Hey,

Everyone's asked me how the happy hour was last night.  What a joke.
Apparently everyone left about 9:00.  And here's the best part...Brad (new
guy) was walking up as everyone was leaving.  Wasn't it nice of him to call
and tell us that everyone was gone?  Or at least telling the bozos leaving
that I was planning on coming so that someone would have called?  I told Jeff
he owes me a Happy Hour b/c that definitely didn't count.  He said we'd have
to do a Happy Hour that was for Susan and me.  I told him I wanted my Happy
hour on the beach in Cancun.  I searched the internet for flights and sent
him an email with the flight information.

Talk to ya later,
Robin

PS  Have you decided where we're going for lunch?


Dear Mr Lay

Issue 37 - 15th November 2000

CONTENTS

1 - This Weeks E-News Stories
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KVAERNER WINS BALAL AWARD
Tehran - Kvaerner Singapore, part of the Anglo-Norwegian group, has been
appointed detailed engineering contractor for the offshore production
platform in the Balal oil field, being developed by TotalFinaElf. The award
follows Iranian Offshore Engineering and Construction (OIEC) and Singapore's
SembCorp winning the $60m contract for installation of the platform to
process 40,000bbl/d of oil and 14mcfd of associated gas.
The Anglo-Norwegian group was brought in by NIOC subsidiary Petro Pars in
April to manage the first phase development of South Pars gas field. In a
separate development, OIEC and Petro Iran are reported to be looking for a
foreign partner to take a 30% stake in the $850m Salman offshore project,
which the two Iranian companies won in October on a buy-back basis. The
Salman contract, tendered in 1998, requires the rebuilding of war-damaged
facilities and upgrading production at the field by 45,000 bbl/d to 130,000
bbl/d as well as developing an associated gas structure. http://www.irna.com

OPEC TO SUSPEND 20-DAY MECHANISM UNTIL JANUARY
Vienna - OPEC exporters have rejected calls from consuming nations for
further extra crude supplies that would have helped ease stubbornly high
world oil prices and cut fuel bills this winter. It appears, as the
Ministers meet in Austria this month, that OPEC will not be adding further
increases to world supplies despite oil prices remaining outside its
automatic 20-day production increase mechanism, set at $22-28/bbl. 'There
will be no increases this year under any circumstances,' Indonesian Oil
Minister Purnomo Yusgiantoro told awaiting reporters after a two-hour
meeting ahead of the formal ratification of the decision.
http://www.opec.org/

SUDAN SIGN EXPLORATION AGREEMENT
Khartoum - Sudan has signed an oil exploration agreement with several local
and international companies for an area in central Sudan, the
government-owned Al-Anbaa newspaper reported on Sunday. 'Sudan has signed a
production agreement...covering prospecting, development and transportation
of oil with Gulf oil companies, the Chinese National Petroleum Corp, Al Than
and Sudapet,' the daily said.
Al-Anbaa said the agreement covered a 75sq.km area on the western bank of
the White Nile, south of the town of Rabak, about 275km south of Khartoum.
The Gulf companies hold a 46% stake in the investment, the Chinese company
has 23%, Al Than also has 23% and Sudapet holds 8%.
Sudan, which produces about 185,000 barrels per day of crude oil, began
crude exports in August 1999. It had previously been importing oil and oil
products for about $300m a year, eating up most of its export earnings. It
has also been reported this week that Talisman Energy are to step up their
exploration efforts in the country, despite opposition from humanitarian
groups.

SHELL INK EGYPTIAN GTL AGREEMENT
Cairo - Royal Dutch/Shell Group confirmed this week that they are to invest
$1.7bn in an Egyptian gas-to-liquids (GTL) plant that could lead the country
to use domestic gas reserves to satisfy its entire oil products market for
more than 50 years.
Egypt is currently an importer of oil products. The oil giant agreed to
initial terms on the deal early in October. Shell said it has now signed a
development protocol with Egyptian General Petroleum for a
75,000-barrel-per-day GTL conversion plant to convert natural gas into
synthetic fuels. Crucially the project is now said to have the backing of
Egyptian Petroleum Minister Sameh Fahmy. Production could be in place by
late 2005, while a plant at the same site producing liquefied natural gas
(LNG) could be up and running earlier, by mid-2004.

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* The scope for foreign companies to take advantage of potential
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*****CONFERENCE NEWS*****

PREDATORS AND PREY IN THE POWER SECTOR
8th & 9th January 2001, The Hatton, London

Book today - places are limited!

Minimise the risks and maximise the opportunities offered by market
deregulation by attending SMi's Predators and Prey in the Power Sector.

With the rapid growth of new opportunities the timing couldn't be better.
In just two days this conference will bring you up to date with the key
issues in mergers and acquisitions in the Power sector.  Just as strategic
alliances can increase your profitability and efficiency, attending SMi's
Predators and Prey in Power Sector will ensure you are using your resources
effectively.

Key speakers include:

* Peter Bucks, Senior Financial Advisor, Ofgem
* Marsha Gransee, Deputy General Counsel, US Federal Energy Regulatory
Commission
* Dr. Paul Lars Danielsen, Senior Vice-President, Corporate Strategy, TXU
Europe
* Dr. Helmar Rendez, Head of Corporate Development, VEAG

Not only will you benefit from an intensive programme, you will also hear
the first hand experiences of successful strategic alliances.  The high
quality of our speakers means that you can be confident of gaining insight
from the experts.  There will also be plenty of opportunities to meet key
decision makers and discuss market developments.

The full conference programme is available at
http://www.smi-online.co.uk/predators6.asp
Or call 020 7827 6134 for a conference brochure.

Time is running out to take advantage of this essential information resource
so make sure you book on SMi's Predators and Prey in the Power Sector today.
We have a limited number of places available and registration is easy. To
register online on our website http://www.smi-online.co.uk/predators6.asp,
or call 020 7827 6134. We will confirm registration within 24 hours.

LIQUEFIED NATURAL GAS 2001
5 - 6 February 2001, The Hatton, London

Are you keeping up to date with the tremendous worldwide opportunities
offered by LNG? Hear the latest strategic analysis of global LNG
developments at SMi's Liquefied Natural Gas Conference LNG 2001. This event
gives you the opportunity to join the sector early and to strategically
align your company for optimum success.

Why you should attend this event:

LNG 2001 offers you the advantage of hearing from a leading international
panel of experts at the cutting edge of LNG.  This event will give you
crucial commercial analysis of all the areas affected by the LNG chain from
the producers, through the shippers to the customers.

But that's not all, LNG 2001 is a time and labour saving way to ensure you
gain insight into market potential before you competitors do.  In just two
days you can find about the emerging market trends and opportunities in LNG
on a global scale.

The high quality of our speakers means you can be confident of gaining
insight from the experts.  Some of the key speakers include;

* Cesar Dias Ramos, Director, GNL do Nordeste Ltda
* Akira Misaki, Manager New Business LNG Team No. 2, LNG Group, Kawasaki
Kisen Kaisha (K Line)
* Patrick Pope, General Counsel, SONAT
* Dr Maizar Rahman, Director, Lemigas
* Sveinung J. Stohle, General Manager Commercial, Nigeria LNG
* Mustafa Gokman Cologlu, Planning Manager, IGDAS

The full conference programme is available at
http://www.smi-online.co.uk/lng4.asp
Or call 020 7827 6134 for a conference brochure.

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It seems silly to have all of us going to dave as he is the only EES person attending

Invite Frank, Laura, Tycholiz, Lagrasta, Breslau, Duran, Forster, Calger, Foster,

Just in case we haven't invited any of them.
Thanks
Louise
--------------------------
Sent from my BlackBerry Wireless Handheld


That's my One Pass number.

ckm

"Neil Mann" <nmann@erac.com> on 04/02/2001 09:23:53 AM
Please respond to <nmann@erac.com>
To: <Kay.Mann@enron.com>
cc:

Subject: RE: Continental Airlines - Elite Upgrade

This is my flight and the ticket is in my name. The travel agt said I was
also a OnePass Elite (#COHG770475) and that there might be an auto upgrade
two days prior to the flight at no charge.

Just getting out of our Monday meeting. The building has yet to turn on the
a/c and it's hot in here!

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Monday, April 02, 2001 8:54 AM
To: nmann@erac.com
Subject: Continental Airlines - Elite Upgrade

is this your flight?  Have you seen your ticket?  It isn't in my name,  is
it?
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/02/2001 08:53
AM ---------------------------

<EUA@coair.com> on 04/02/2001 01:01:02 AM

To:   <kay.mann@enron.com>
cc:

Subject:  Continental Airlines - Elite Upgrade

Dear OnePass Elite Member,

Continental Airlines is pleased to advise you that you have been upgraded
to First Class on your upcoming flight due to your OnePass Elite
Membership.

  Confirmation:    J76ZJX
  Flight Number:   1504
  Date:            April 05, 2001
  Origination:     IAH
  Destination:     MCO
  Seat:            05F*

This e-mail notice does not replace the need to check-in for the flight.
Recommended check-in time is 1 hour prior to departure for domestic
flights.  If you do not check in at least 20 minutes prior to departure
your seat can be given away.

PLEASE DO NOT REPLY TO THIS EMAIL.  UNFORTUNATELY MAIL SENT TO THIS
ADDRESS CANNOT BE ANSWERED.

To make changes to your email address, access the Your Account area of the
OnePass site (http://www.onepass.com/asp/youraccount.asp) or contact the
OnePass Service Center as (713) 952-1630.

For changes to your itinerary, contact your Travel Agent or Continental
Reservations at 1-800-525-0280 (Domestic) or 1-800-231-0856
(International).

Thank you for choosing Continental Airlines.


Donald:
Our HR group will be contacting you shortly.  I apologize for the delay but
we are still in the process of considering candidates.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)


---------------------- Forwarded by Kay Mann/Corp/Enron on 01/05/2001 11:46
AM ---------------------------

Kay Mann
01/05/2001 11:40 AM
To: lee.johnson@ps.ss.ge.com, kent.shoemaker@ae.ge.com
cc:

Subject: CA Energy Development documents

Lee,

You should be receiving a package shortly containing the following:

1. Changed pages for CA Energy Development I and CA Energy Development II
facility agreements.  These are the same pages that were faxed to you and
Kent a few days ago.  I also included a couple of original pages (73, 74, I
think) which were missing from one of the originals.  This need to be
initialled and executed.
2. Acknowledgement letters for each of CAED I and CAED II which need your
Here's the form:

3. Assignment and assumption agreement to move the equipment from TurboPark
to the CAED I.  There will be one for CAED II as well.  This document is
being reviewed by the bank, so I'm not convinced it is in final form.  You
will note that there is an acknowledgement section for GE.  I cut and pasted
from the consent to assignment from the TurboPark documents, but shortened
the whole thing considerably.  Here's that document:

4.  Signature pages (signed by Enron) from the ESA deal, both the facility
agreement and the override letter.  Obviously, we need your signature.

I will forward the final CA facility agreements to you once again, along with
the blacklines against what you initialled.

Thanks,

Kay


FYI-- The Executive Committee Meeting scheduled  for  Monday, May 28th has been moved to Tuesday May 29th
due to the Memorial Day holiday.  The meeting will be held in the 50th floor Boardroom.  The attendance participation
list will be sent out next Wednesday.

Thanks In Advance,

Bill Dorsey.


-----Original Message-----
From: Brady, Edward
Sent: Thursday, September 20, 2001 11:20 AM
To: Love, Phillip M.; Mills, Bruce; Murray, Kevin;
'chrisbarber@home.com'; 'franktruesdale@home.com';
'dougbarber@home.com'; 'johnafritz@prodigy.net'
Subject: FW: The CODE

-----Original Message-----
From: Eric Brady [mailto:ericbrady@earthlink.net]
Sent: Wednesday, September 19, 2001 7:30 PM
To: blair_wg99@yahoo.com; bbrady02@tampabay.rr.com; bocain@wmjobs.com;
bryon_justice@yahoo.com; edwardcbrady@yahoo.com;
ghaindel@stanfordeagle.com; RonClayton@aol.com; roy@imsmiami.com
Subject: The CODE

The CODE (rules for men):

1. Thou shall not rent 'Chocolat'.

2. Under no circumstances may 2 men share an umbrella.

3. Any man who brings a camera to a bachelor party may be legally killed and
eaten by his fellow partygoers.

4. When you are queried by a buddy's wife, girlfriend, mother, father,
priest, shrink, dentist, accountant, or dog walker, you need not and should
not provide any useful information whatsoever as to his whereabouts. You are

permitted to deny his very existence.

5. Unless he murdered someone in your immediate family, you must bail a
friend out of jail within 12 hours.

6. You may exaggerate any anecdote told in a bar by 50 percent without
recrimination; beyond that, anyone within
earshot is allowed to call bullshit. (Exception:  When trying to pick up a
girl, the allowable exaggeration rate rises to 400 percent)

7. If you've known a guy for more than 24 hours, his sister is off-limits
forever.

8. The minimum amount of time you have to wait for another guy who's running
late is 5 minutes. For a girl, you are required to wait 10 minutes for every
point of hotness she scores on the classic 1-10 scale.

9. Bitching about the brand of free beer in a buddy's refrigerator is
forbidden. You may gripe if the temperature is unsuitable.

10. No man is ever required to buy a birthday present for another man. (In
fact, even remembering a friend's birthday is strictly optional.)

11. Agreeing to distract the ugly friend of a hot babe your buddy is trying
to hook up with is your legal duty.  Should you get carried away with your
good deed and end up having sex with the beast, your pal is forbidden to
speak of it, even at your bachelor party.

12. Before dating a buddy's ex, you are required to ask his permission; and
he, in return, is required to grant it.

13. Women who claim they "love to watch sports" must be treated as spies
until they demonstrate knowledge of the game and the ability to pick a
buffalo wing clean.

14. If a man's zipper is down, that's his problem  - you didn't see nothin'.

15. The universal compensation for buddies who help you move is beer.

16. A man must never own a cat or like his girlfriend's cat.

17. You girlfriend must bond with your buddy's girlfriends within 30 minutes
of meeting them. You are not required to make nice with her gal pals'
significant dick-heads --- low-level sports bonding is all the law requires.

18. When stumbling upon other guys watching a sports event, you may always
ask the score of the game in progress, but you may never ask who's playing.

19. When your girlfriend / wife expresses a desire to fix her whiney friend
with your pal, you may give her the go-ahead only if you'll be able to warn
your buddy and give him time prepare excuses about joining the priesthood.

20. (Gas Warfare Act) you may flatuate in front of a woman only after you've
brought her to climax. But, if you trap her head under the covers for the
purpose of flatuent entertainment, she's officially your girlfriend.

21. It is permissible to consume a fruity chick drink only when you're
sunning on a tropical beach...And it's delivered by a topless
supermodel...and it's free.

22. Unless you're in prison, never fight naked.

23. A man in the company of a hot, suggestively dressed woman must remain
sober enough to fight.

24. If a buddy is outnumbered, outmanned, or too drunk to fight, you must
jump into the fight. Exception: If within the last 24 hours his actions have
caused you to think, "What this guy needs is a good ass-whoopin," you may
sit back and enjoy.

25. Friends don't let friends wear Speedo's. Ever.  Issue closed.

26. Phrases that may NOT be uttered to another man while weight lifting:
"Yeah, baby, push it!" "C'mon, give me one more! Harder!"  "Another set and
we can hit the showers." "Nice ass, are you a Sagittarius?"

27. Never hesitate to reach for the last beer or the last slice of pizza,
but not both.  That's just plain mean.

28. If you compliment a guy on his six-pack, you better be referring to his
beer.

29. Never join your girlfriend / wife in dissings a buddy, except when she's
withholding sex pending your response.

30. Never talk to a man in the bathroom unless you're on equal footing: Both
urinating or both waiting in line. In all other situations, a nod is all the
conversation you need.

31. If a buddy is already singing along to a song in the car, you may not
join him  ...too gay.

32. Before allowing a drunken friend to cheat on his girl, you must attempt
one intervention. If he is able to get on his feet, look you in the eye, and
deliver a "F@CK OFF!" You are absolved of your of responsibility.

33. The morning after you and a babe who was formerly "just a friend" have
carnal, drunken monkey sex, the fact that you're feeling weird and guilty is
no reason not to nail her again before the discussion about what a big
mistake it was.

34. In Black Jack, always split aces and eight's.  No arguments.

Chris K. Villemarette
Financial Consultant
Stanford Group Company
Wealth Management
Office: 225-381-0508
Wats : 800-982-0009
Fax: 225-381-0650
email: cvillemarette@stanfordeagle.com

**********************************************************************
Any information or data provided in this message has been obtained from
sources we believe to be reliable, but we do not guarantee its accuracy
or completeness.  Such information reflects current market conditions,
is subject to change without notice and should not be relied upon for
tax purposes.  Any transactional details are provided at your request
and do not supersede your normal trade confirmations or monthly
statements.  Any product recommended is subject to prior sale.  Stanford
Group Company, its affiliated companies, and/or officers, directors or
employees, may at times have a position in or make a market in any
security described above, and/or may act as an investment banker or
advisor to any company referenced.
************************************************************************

--

Eric C. Brady
727.204.9995
ericbrady@earthlink.net


> -----Original Message-----
> From: Granville, Sue
> Sent: Wednesday, December 13, 2000 9:01 AM
> To: Jacob, Sasha
> Subject: Project Stanley
>
> Report for December 13, 2000
>
> report
>  <<Dec13.doc>>
> Articles
>  <<Dec13.txt>>
>
>
>
>

*******************************************************************
This email message has been swept by MIMEsweeper
for the presence of computer viruses

Ce courriel a fait l'objet d'un balayage contre les virus
informatiques au moyen du logiciel MIMEsweeper
*******************************************************************

 - Dec13.doc
 - Dec13.txt


Brant:
Any thoughts on this?
Carol
----- Forwarded by Carol St Clair/HOU/ECT on 05/22/2000 02:18 PM -----

	Carol St Clair
	05/17/2000 06:04 PM

		 To: Brant Reves/HOU/ECT@ECT
		 cc:
		 Subject: credit Issues

Brant:
I need your help in answering the following questions:

EL PASO

Is the collateral threshold for both of us $50,000,000?
What are the Guaranty caps?
Is the cross default threshold now for both of us $100,000,000?
Should cross default only apply to the Credit Support Providers or should it
apply to the parties and their credit support providers?

OCCIDENTAL

Should we insist on our "affiliate" setoff language?

Carol


Please change the deals in your books.

Thanks
---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 05/02/2001
07:19 AM ---------------------------
From: Scott Mills@EES on 05/01/2001 08:53 PM
To: Jeffrey C Gossett/HOU/ECT@ECT
cc: Russ Kavanaugh/HOU/EES@EES
Subject: Change to ENA/EES Deals

Can the following deals be rebooked using the current intercompany
methodology:

 Buyer = Enron Energy Services
 Seller = Enron North America (or RMT if these are all financial)

Then what is now the counterparties on the deal will become the books.

These are the only deals that are left that are booked the old way.  I was
hoping to make things consistent.  Two of the deals (EH1958.1, EH4242.5) will
roll off the end of May -the others have months to go.

Thanks for the help

SRM (x33548)


half day of vac on 2/28
12.20 dentist appt on 2/29


Does the first option need to expire or can we terminate prior to expiration
and concurrent with execution of a new option agreement?  I got a call from
the owner of Certosa Holdings pleading for help on reimbursement of those
legal fees.   If we are going to pay a flat fee and renegotiate this
agreement, I think we need to do so quickly.   Regardless, I need to tell
them something soon.  They are getting desparate.  I've a call in to Taffy
Milligan. AEW's assistant to locate the Shutts & Bowen invoice.

I understand we have engaged Shutts & Bowen in Tallahassee to review some
property tax issue.  Cound this be an avenue to avoid this on balance sheet
hard cost thang?

 -----Original Message-----
From:  Mann, Kay
Sent: Thursday, May 24, 2001 7:43 AM
To: Krause, Greg
Subject: RE: AEW's backup

Unless the first option expires (and the original premium is expensed), you
add the original payment to the renewal premium to determine the percentage.
If we can't beat the percentage game, we can have the land on the balance
sheet and that won't put the entire project on it.  Don't ask me to splain
that, because I can't.  If the land is going to be on the balance sheet, you
would think that it would be better to have $1.3 on than $4.2.  However, one
thing I don't know (haven't asked) is what the environmental restrictions are
with our financing vehicle.  I don't know if the land has to be clean before
it can go into the vehicle.  I can ask.  If it is required to be clean, then
you may be back to the $4.2 anyway.

Kay

PS.  Feel like Alice in Wonderland  yet?

From: Greg Krause/ENRON@enronXgate on 05/23/2001 07:14 PM
To: Kay Mann/Corp/Enron@Enron
cc: Kathleen Carnahan/ENRON@enronXgate

Subject: RE: AEW's backup

Yes we do want to renew the option through September of next year and we will
need to persuade them to lower the option premium.  Her is a thought:  the
land fill closure cost is approximately $2.9 million.  Could we create a new
option agreement that states that the strike price is $4.2 million ($1.3 the
original strike price plus the cost of land fill closure cost) so we could
pay an option premium of up to $210,000 (5% of $4.2 million).  At closing, we
reduce the purchase price by the costs yet to be incurred in the closing the
land fill.  Since Certosa Holdings will not start the closure until they are
assured that we will exercise the option if even then, the net cost to us
would drop back to  the original strike price.  Could we get this past the
accountants?

Only the memorandum of option was recorded.

 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, May 23, 2001 4:40 PM
To: Krause, Greg
Cc: Carnahan, Kathleen
Subject: RE: AEW's backup

I've skimmed it.  I see that the option expires August 9th.  Are we planning
to renew it?  If so maybe we can renew early and fix what we can to preserve
some optionality (no pun intended) and cover the fee issue.  Might take too
long to address the immediate issue.

I don't see anyway we can get around the balance sheet issue unless we let
the option expire and then reoption, but in that case the option payment
would have to be smaller (acct says an option of 5% creates a problem as it
would be considered a down payment).  Just fyi.

Kathleen, was the option recorded, or just a memo of option, or neither?  I'm
just wondering what is public info.

Herman is out of the office today, but I can discuss the fee issue to get his
vote.

More to come...

ckm

From: Greg Krause/ENRON@enronXgate on 05/23/2001 02:19 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: AEW's backup

I think the invoice was for between $20,000 and $30,000, but I can't
remember.  AEW has the invoice.  This probably will not be the final as we
will need to work with them in discussions with DERM on delaying the landfill
closure and in moving jurisdiction of the project from CZAB to the County
Commissioners.   I think Shutts & Bowen (who may get stiffed by their client
if this deal blows up) and Certosa Holdings would be open to any suggestions
and we need to renegotiate the option anyway.  Shall I call and suggest this
this flat fee for retooling the option agreement to them or shall we do it
together?  I,m not sure I could explain to them acequately the idiosyncrasies
of our accounting requirements.

 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, May 23, 2001 2:00 PM
To: Krause, Greg
Subject: RE: AEW's backup

How much is it and should this be the final amount?  One thought I have is
that maybe we can retool the option agreement so that we pay them a flat fee,
which is enough to cover the expenditures.  Don't know if this works, but it
is one thought.  What do you think?

Kay

From: Greg Krause/ENRON@enronXgate on 05/23/2001 01:50 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: AEW's backup

One more thing on the SDEC project:  According to the option agreement we
executed last October, we agreed to reimburse Certosa Holdings for actual
third party costs that they incurred in support of our necessary
applications, submittals and in seeking local approval.  Several weeks ago,
we recieved an invoice from Shutts & Bowen, attorney for Certosa Holdings
requesting reimbursement pursuant to the contract.  I forwarded this invoice
on th Ann Elizabeth not necessarily to pay for but to review considering this
whole soft cost hard cost discussion.  I recieved another call this morning
from Shutts & Bowen asking about the invoice.  What should I do?
 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, May 23, 2001 11:03 AM
To: Krause, Greg
Subject: RE: AEW's backup

Greg,

You can call me on whatever you have, including Midway, SDEC and Medley
Dunn.  If I have a problem getting to something, I'll find help.

Kay

From: Greg Krause/ENRON@enronXgate on 05/23/2001 10:50 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: AEW's backup

Kay,

Ann Elizabeth did not provide a designated hitter for the South Dade Energy
Center (Dade Development Company LLC is Optionee, Certosa Holdings is
Optionor) nor did she provide one for tne Medley Dunn project.  I have been
told that the Dunns are considering backing off their ultimatums that they
gave Ann Elizabeth and I regarding taxes to the town and assumption of
enviromental liability.  Who do I talk to about the Dunn contract while Ann
Elizabeth is out?
 -----Original Message-----
From:  White, Ann Elizabeth
Sent: Tuesday, May 22, 2001 10:33 PM
To: gkrause@enron.com; Krimsky, Steven; Ben Jacoby/HOU/ECT@ENRON; Carnahan,
Kathleen
Cc: Milligan, Taffy
Subject: AEW's backup

Kay Mann is the designated hitter for the Pompano and Deerfied projects while
I'm on vacation.  I've given her a down load of the status of Greg and
Steve's projects.  Chris Boehler at A&K will be the designated hitter for
Midway.  I'm not going to check my voice mail while I'm gone but, if
necessary, here are the contact numbers while I'm gone.

Walter and Marlena Schilling  011-49-8218-89351 schilling.jun@freenet.de

Monika and Bernhard Steinacher 011-49-8232-8932 m.steinacher@schwabmuenchen.de

If you call, Walter and Bernhard and Bernhard's daughter, Susanne, speak very
good English.  Monika's isn't bad.  Marlena may get flustered and hang up on
you.

Best of luck at Deerfield and hope to see Pompano on track when I get back in
the office on June 11th.  Kay is planning on going to Florida on June 12 for
the moratorium hearing and the rezoning hearing.


Luanne:
Our credit people are okay with doing without the change of control condition
that is in the current Guarnty.
Carol


No problem.

-----Original Message-----
From: Thompson, Debra
Sent: Wednesday, January 23, 2002 9:37 AM
To: Lokey, Teb
Subject: Appointments

Teb - I've been meaning to tell you about a couple of appointments.  Mom has her last follow-up visit concerning her surgery this Friday at 11.  I would like to take off the entire day, but if that won't work I can come in for the afternoon.  Also, she has another appointment on Monday at 3:15 in Sugarland.  I will need to take a good chunk of the afternoon off on Monday.  Thank you in advance for always being so understanding.


watch the volume
---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 07/07/2000
11:35 AM ---------------------------

Mike Grigsby
07/07/2000 10:14 AM
To: Matthew Lenhart/HOU/ECT@ECT
cc:

Subject: FW: Bobby Knight Cartoon

---------------------- Forwarded by Mike Grigsby/HOU/ECT on 07/07/2000 11:14
AM ---------------------------

Joseph_B_Knauth@reliantenergy.com on 07/06/2000 10:12:38 AM
To: biggsbg@bp.com, mike.grigsby@enron.com, jdownie@rstw.com,
john_mccullum@dell.com
cc:
Subject: FW: Bobby Knight Cartoon

---------------------- Forwarded by Joseph B Knauth/TTG/HouInd on
07/06/2000 10:06 AM ---------------------------

David M Gagliardi
07/03/2000 10:46 AM

To:   Joseph B Knauth/TTG/HouInd@HouInd
cc:

Subject:  FW: Bobby Knight Cartoon

---------------------- Forwarded by David M Gagliardi/TTG/HouInd on
07/03/2000 10:45 AM ---------------------------

"Bob Frain" <bfrain@knight-cap.com> on 07/03/2000 08:02:10 AM

Please respond to <bfrain@knight-cap.com>

To:   "Pat Murphy" <pmurphy@knight-cap.com>, "Paul Giordano"
      <pgiordano@knight-cap.com>, "Rich Fosmoen" <rfosmoen@knight-cap.com>,
      "Brian Pigott (E-mail)" <b.pigott@motorola.com>, "Brooke Clark
      (E-mail)" <ebrookie8@hotmail.com>, "Chris Birt (E-mail)"
      <cbirthing@hotmail.com>, "Christine Barkley (E-mail)"
      <CBarkley@cami.com>, "Dave Gagliardi (E-mail)"
      <dgagliardi@noram.com>, "Doug Coole (E-mail)" <dwcoole@yahoo.com>,
      "Erik Lange (E-mail)" <erik.lange@hughessupply.com>, "Eugene Feeney
      (E-mail)" <eugene.t.feeney@rssmb.com>, "Lindsey Pigott (E-mail)"
      <lpigott@hotmail.com>, "Mary Criaco (E-mail)"
      <wagongap@email.msn.com>, "Maura Tobin (E-mail)"
      <Maura.Tobin@pfizer.com>, "Pat Maloy (E-mail)"
      <pmaloy@ect.enron.com>, "Pat Murphy" <pmurphy@knight-cap.com>,
      "Rebecca Parrilla (E-mail)" <Rebecca.Parrilla@abnamro.com>, "Sean
      Barrett (E-mail)" <seantobias@yahoo.com>, "Sharon rayner (E-mail)"
      <sarayner@mail.ev1.net>, "Tim Boyd (E-mail)" <tboyd@amcities.com>,
      "Tim Hurley (E-mail)" <timmyhurley@aol.com>,
      <CASHMONEYBILLS@YAHOO.COM>
cc:

Subject:  FW: Bobby Knight Cartoon

-----Original Message-----
From: thfrain [mailto:thfrain@rcn.com]
Sent: Sunday, July 02, 2000 11:45 PM
To: RICK TRIOLA; Sharon Rayner; Ric McAdams; MARGARET FRAIN; Mike Rose;
Lucanese@aol.com; Jason Malmquist; Edwards, Grant; doug coole; Bob
Frain; Danny Davidson
Subject: Fw: Bobby Knight Cartoon

PASSING on some humor
----- Original Message -----
From: "William Calderaro" <wcalderaro@altuspartners.com>
To: "Tom Lester" <tlesterhome@aol.com>; "Tom Frain" <thfrain@rcn.com>;
"Thomas Paxson" <jpaxson@epix.net>; "Steve Simonic"
<mailto:Stephen.C.Simonic.2@nd.edu.; "Scott & Alison Russell"
<srussell@iwaynet.net>; "Rob Sypeck" <rsypeck@Lehman.com>; "Mark&Kelly"
<mkj@chesco.com>; "Marc & Cathryn Danielcyzk" <mdanielczyk@home.com>;
"Kellett McConville" <kmcconville@chicagoblackhawks.com>; "Keith Pechin"
<peach135@usa.net>; "Jonathan Cohen" <joco2000@aol.com>; "Jim Olensky"
<Jim_Olensky/Allied_Holdings@AlliedHoldings.com>; "Jim Mayhall"
<mailto:jmayhall@ix.netcom.com.; "James Whitesel"
<Whitesel@BellAtlantic.Net>; "Chutivanich, Kate" <kchutivanich@fcb.com>;
"Big Al" <auszynski@earthlink.net>; "Anthony DiIenno" <pnman22@aol.com>;
"Adam Holtz" <aholtz@judge.com>
Sent: Friday, June 16, 2000 8:47 AM
Subject: Bobby Knight Cartoon

>
>

(See attached file: bha_b_nai.exe)

 - bha_b_nai.exe


<<Gas Turbine Purchase Agreement.DOC>>

Sorry for the delay.  Here is the most recent draft of the GE Turbine
Agreement.  I will send the blackline shortly (I hope).
 - Gas Turbine Purchase Agreement.DOC


Dear Sally,

Since we may not be able to have our bi-weekly meeting, I thought I'd let you
know what's going on:

DPR
I'm working with London to determine how to report the MG DPR to us.  Nothing
has been decided yet as we are waiting on the risk management policies & risk
limits from our guys in London.
As you know, plenty of V@R questions have been coming our way, and are
somewhat difficult for Mike's team to answer.  I talked with Eugenio and he
is in the process of putting together some V@R analytics/graphs Mike's guys
can easily create to answer simpler V@R questions.
Burton, a book analyst in Brent's group is coming back to Mike's DPR group to
support Gary Stadler and work on the benchmark reports and curve
validations.  Jenifer Bagwell has taken Burton's place in Brent's group.

A while back, Eugenio created a database to capture information and allows
book & commodity analysis.  He has been showing this to Business Unit
controllers & the RAC group, but has not distributed it yet, due to security
issues.  Currently, the database does not restrict different users to
different commodities (power people can see gas and vice versa).  It will
slow down the database considerably if these restrictions are put in, but it
may be necessary.  I think the business controllers would not share the
information with commercial, but I'm not sure about the analysts in the RAC
group.  I'd like to get your opinion on this.

Doorstep
I've updated the presentation to include places and planned visits for
offices previously not visited and second offices visits for the next year
Donna, Ted, Richard L. and I have a meeting scheduled to go over the follow
up of the first visits - I'll update you after the meeting.

Hope you had a good vacation!

Regards


Hi Don,

It was great meeting you this morning and I look forward to working with you!

I wanted to follow-up on the two most critical outstanding issues currently
and get an idea on when you expect to have some information.

(1) City counsel (Anthony Hall?) - Would I be exempt from access by the
public and be considered a private entity similar to executive recruitment
firms?
(2) List of names and telephone numbers of Fire Department personnel we
should speak to

The telephone message I left for you earlier today was also regarding this
matter.

Thanks,

Lisa Connolly
713-345-4840
713-569-9563


In Julia's absence from the office, I need you to prepare an Enron Industrial
Monthly Legal Report for October and submit it to me as soon as possible.
Attached is the ENW Monthly Legal Report to use as a guide.  The report
should be concise, in bullet format, and submitted via e-mail to me by the
15th of each month.


---------------------- Forwarded by Steven J Kean/NA/Enron on 08/31/2000
02:24 PM ---------------------------

Jeffrey Sherrick
08/31/2000 01:23 PM
To: John Ambler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steven J
Kean/NA/Enron@Enron, Jackie Gentle/LON/ECT@ECT, Mark Koenig/Corp/Enron@ENRON
cc: Stephen Wallace/Corp/Enron@ENRON, Horace Snyder/Corp/Enron@ENRON, Stephen
Harper/Corp/Enron@ENRON, Alex Warmath/Corp/Enron@ENRON

Subject: Carin Energy Rumor

FYI,   There is a rumor on Yahoo that Enron has bid for Carin Energy.  I have
talked with Jackie Gentle in our London Office who first heard the rumor and
we have confirmed that neither EGEP or the London office is pursuing such a
deal.  My guess is that it is either EOGR ( I know they are pursuing an Int'l
deal) or just a bad release.

jeff


<<Energy Brochure.pps>>
Hi Stacey,

Thanks for taking a few minutes to speak with me regarding Warrick.  This is
a little information on our group.  Please feel free to call me if there is
anything I can help you with in the future.  Also, please do not hesitate to
forward my name and contact information to others in the industry that may
be able to benefit from speaking with a recruiter.  Our clients are located
here in Houston as well as across the country.  I specialize in commercial
and commercial support roles.  I am currently working on a senior level
power risk analyst role here in Houston.  If you happen to know anyone that
would be interested, please pass along my information.

I wish you the best with UBS.  Have a great weekend.

Thanks,

Tricia Womack

T.I.G. First Source
713-529-2100 ext 118
mailto:womack@tigfirstsource.com

 - Energy Brochure.pps