Nothing special from my end but I do expect that we will have the call at the
regular time.

Thanks.

	Suzanne Adams@ECT
	06/04/2001 10:29 AM

		 To: kay.mann@enron.com, Scott Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt
		 cc:
		 Subject: Re: GE call this week?

Anything special for this week's call.  Please let me know so I can send out
a confirmation email.  Thanks.
----- Forwarded by Suzanne Adams/HOU/ECT on 06/04/2001 10:28 AM -----

	Sheila Tweed
	06/04/2001 10:27 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Re: GE call this week?

YES.  Please ask Kay and/or Scott Dieball for direction.  I'm going into
hostage mode in Denver tomorrow morning.

	Suzanne Adams
	06/04/2001 10:19 AM

		 To: sheila.tweed@enron.com
		 cc:
		 Subject: GE call this week?


For those of you who were at Sunday study session - I was listening to my
tapes of the Wednesday class and he mentioned three things that can make the
current account different from NX. They are foreign aid, remittances and
income from foreign investments. He did say that in the simple (i.e. OUR)
case they are the same.

--
Peter deVroede
devroede@uppercase.xerox.com


Jason, do you need to be involved in this one?  Let me know.   Marie, please assign this one to an attorney to assist London as needed.  Assign to Alan Aronowitz.
 -----Original Message-----
From: 	Schuh, Michael
Sent:	Friday, November 02, 2001 8:45 AM
To:	Cook, Mary
Cc:	Cini, Pat
Subject:	Cross Affiliate Netting Agreement - RWE

Mary,

I am in Marcus von Bock?s group in Legal/London and together with Pat Cini (Credit/London) am negotiating a Netting Agreement for physical gas and power, as well as a Cross Affiliate Netting Agreement for physical and financial transactions with RWE Trading GmbH.

The Enron entities involved are

Enron Capital & Trade Resources Limited
Enron Capital & Trade Resources International Corp
Enron Financial Energy Trading LLC

There are two issues:

We will have to prepare a board resolution with regard to the corporate benefit/appropriate consideration of the agreement to the various entities. For ECTRIC and EFET would you want to take a look at this ?

Pursuant to Section 8 (e) of the Cross Affiliate Netting Agreement (draft attached) we are making a representation regarding the non existence of any lien or other encumbrance on the rights to any amounts owed to us under the underlying agreements. Who would assist with a lien search regarding the US entities ?

We are looking to close these agreements by Monday or Tuesday.

Regards,

Michael


Gerald:  Thanks for the update.  Good luck with the new guys.

Craig

 -----Original Message-----
From:  Gerald.Nemec@enron.com [mailto:Gerald.Nemec@enron.com]
Sent: Friday, November 03, 2000 3:16 PM
To: ccarver@alfers-carver.com
Subject: Tom Brown, Kinder Morgan - Wildhorse Press Release

FYI.  We are currently executing a CA with Tom Brown to begin review of the
system for a possible purchase by Crescendo or Enron North America.

----- Forwarded by Gerald Nemec/HOU/ECT on 11/03/2000 04:14 PM -----

                    Mark

                    Castiglione@E        To:     Arvel Martin/HOU/ECT@ECT,
Christopher K Clark/HOU/ECT@ECT, Walt D
                    NRON                 Hamilton/HOU/ECT@ECT, Gerald
Nemec/HOU/ECT@ECT, Dan J
                                         Bump/NA/Enron@Enron, Brian
Redmond/HOU/ECT@ECT, Joan Quick/HOU/ECT@ECT,
                    10/31/2000           Teresa G Bushman/HOU/ECT@ECT, Rusty
Belflower/NA/Enron@Enron, Scott
                    06:02 PM             Josey/Corp/Enron@ENRON, Nick
Cocavessis/Corp/Enron@ENRON, Brian
                                         Otis/NA/Enron@Enron, Jesus
Melendrez/Corp/Enron@Enron, Mark
                                         Castiglione/Corp/Enron@ENRON,
Audrey O'Neil/HOU/ECT@ECT, Eric
                                         Wardle/HOU/ECT@ECT, Steve
Pruett/Corp/Enron@Enron, Don
                                         Rollins/HOU/ECT@ECT, Becky
Caudle/HOU/ECT@ECT
                                         cc:

                                         Subject:     Tom Brown, Kinder
Morgan - Wildhorse Press Release

Crescendo Team,

Click on the website below for the news release on the Kinder Morgan and
Tom Brown distribution of Wildhorse assets.

http://biz.yahoo.com/prnews/001030/co_tom_bro.html


ONEPASS MEMBER CO.O.L. TRAVEL SPECIALS
DOMESTIC U.S.
Wednesday, December 6, 2000
****************************************

INTRODUCING ONEPASS MILEPASS

With our new OnePass MilePass promotion, OnePass members may transfer
miles to any other OnePass account for a service charge of just $4 per
500 miles. To sign up for MilePass call 1-800-554-5522 before January 31,
2001 or visit
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0FG4T
for more details.

****************************************
TABLE OF CONTENTS FOR CO.O.L. TRAVEL SPECIALS
1. OnePass Miles CO.O.L. Travel Specials Offers
2. CO.O.L. Travel Specials Offers
3. Featured Fares Sample Destinations
4. Continental Vacations Offers
5. Alamo Rent A Car Offers
6. National Car Rental Offers
7. Westin, Sheraton, Four Points, St. Regis,
   The Luxury Collection and W Hotel Offers
8. Hilton Hotel Offers

****************************************
This week's specials are good for the following markets departing Saturday,
 December 9 and returning on either Monday, December 11 or Tuesday, December
12, 2000.  Please see the Rules/Terms and Conditions listed at the end of
this e-mail.
****************************************
1. OnePass Miles CO.O.L. Travel Specials Offers

For OnePass members, here are special opportunities to redeem miles for
travel to the following destinations.  As an additional benefit, OnePass
Elite members can travel using the miles below as the only payment
necessary. The following are this week's OnePass CO.O.L. Travel Specials.

To use your OnePass miles (as listed below) to purchase CO.O.L. Travel
Specials, you must call 1-800-642-1617.

THERE WILL NOT BE AN ADDITIONAL $20 CHARGE WHEN
REDEEMING ONEPASS MILES FOR CO.O.L. TRAVEL SPECIALS THROUGH
THE TOLL FREE RESERVATIONS NUMBER.

********************************
TRAVEL MAY ORIGINATE IN EITHER CITY
****************************************
$29 + 12,500 Miles Cleveland, OH - Hartford, CT
$29 + 12,500 Miles Cleveland, OH - Indianapolis, IN
$29 + 10,000 Miles Cleveland, OH - Madison, WI
$29 + 10,000 Miles Cleveland, OH - Saginaw, MI

$29 + 12,500 Miles Houston, TX - Indianapolis, IN
$29 + 12,500 Miles Houston, TX - Jacksonville, FL
$29 + 12,500 Miles Houston, TX - Los Angeles, CA
$29 + 12,500 Miles Houston, TX - Nashville, TN
$29 + 10,000 Miles Houston, TX - New Orleans, LA
$29 + 12,500 Miles Houston, TX - Ontario, CA
$29 + 15,000 Miles Houston, TX - Orange County/Santa Ana, CA
$29 + 12,500 Miles Houston, TX - Pensacola, FL
$29 + 10,000 Miles Houston, TX - San Antonio, TX
$29 + 12,500 Miles Houston, TX - San Diego, CA
$29 + 12,500 Miles Houston, TX - Tampa/St. Petersburg, FL
$29 + 12,500 Miles Houston, TX - Tulsa, OK

$29 + 12,500 Miles New York/Newark (Newark only) - Indianapolis, IN
$29 + 12,500 Miles New York/Newark (Newark only) - New Orleans, LA
$29 + 10,000 Miles New York/Newark (Newark only) - Raleigh Durham, NC
$29 + 17,500 Miles New York/Newark (Newark only) - San Diego, CA
$29 + 17,500 Miles New York/Newark (Newark only) - Seattle/Tacoma, WA
$29 + 12,500 Miles New York/Newark (Newark only) - Tampa/St. Petersburg, FL

****************************************
2. CO.O.L. Travel Specials Offers

Purchase CO.O.L. Travel Specials online until 11:59pm (CST) Friday at
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0E3G
You can also purchase CO.O.L. Travel Specials for an additional cost of $20
per ticket through our telephone service at 1-800-642-1617.

********************************
TRAVEL MAY ORIGINATE IN EITHER CITY
********************************
****Roundtrip BETWEEN  CLEVELAND, OH  and:
$129 Cleveland, OH - Hartford, CT
$119 Cleveland, OH - Indianapolis, IN
$109 Cleveland, OH - Madison, WI
$99 Cleveland, OH - Saginaw, MI

****Roundtrip BETWEEN  HOUSTON, TX  and:
$139 - Indianapolis, IN
$139 - Jacksonville, FL
$139 - Los Angeles, CA
$139 - Nashville, TN
$99 - New Orleans, LA
$139 - Ontario, CA
$159 - Orange County/Santa Ana, CA
$119 - Pensacola, FL
$89 - San Antonio, TX
$139 - San Diego, CA
$139 - Tampa/St. Petersburg, FL
$119 - Tulsa, OK

****Roundtrip BETWEEN  NEW YORK/NEWARK  (Newark only) and:
$119 - Indianapolis, IN
$119 - New Orleans, LA
$89 - Raleigh Durham, NC
$189 - San Diego, CA
$199 - Seattle/Tacoma, WA
$119 - Tampa/St. Petersburg, FL

********************************
3.  FEATURED FARES SAMPLE DESTINATIONS

Choose your fare, find your flight. Or, quickly sift through all our great
featured fares by choosing a destination or origin. Be spontaneous. Get out
of town. Current Featured Fares destinations include:

 New York, Philadelphia, Los Angeles, San Francisco,
 West Palm Beach, Seattle, and many more.

Note: Featured Fares change often. To see a regularly-updated online list
and purchase our Featured Fares, visit the website at:
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0uTb

(Capacity controls and other restrictions apply)

********************************
4.  CONTINENTAL VACATIONS OFFERS

Are you thinking about how you are going to plan you next vacation?  Let
Continental Airlines Vacations take the hassle out of vacation planning with
easy-to-plan travel packages that provide exciting destinations plus
memories that will last a lifetime!

Check out
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0DoAK
to see our newest addition: INTERNET ONLY SPECIALS!

********************************
5.  CO.O.L. TRAVEL SPECIALS FROM ALAMO RENT A CAR

This week, Alamo (R) offers great rates in the following cities. Rates
listed below are valid on compact class vehicles at airport locations
listed.  Other car types may be available. Rates are valid from Saturday,
December 9 to Tuesday, December 12, 2000.
-------------------------------
$18 a day in:  Nashville, TN (BNA)
$26 a day in:  Newark, NJ (EWR)
$18 a day in:  Houston, TX (IAH)
$20 a day in:  Indianapolis, IN (IND)
$26 a day in:  Jacksonville, FL (JAX)
$38 a day in:  Los Angeles, CA (LAX)
$20 a day in:  Ontario, CA (ONT)
$38 a day in:  San Diego, CA (SAN)
$20 a day in:  Seattle, WA (SEA)

To receive special Continental CO.O.L. discounted rates, simply make advance
reservations and be sure to request ID # 596871 and Rate Code 33. Book your
reservation online at:
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0EoVg
or contact Alamo at 1-800 GO ALAMO.

*If you are traveling to a city or a different date that is not listed,
Alamo offers you up to 20% off their retail rates when you book online at:
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0EoWh

For complete details on these offers, please refer to Alamo's terms and
conditions below.

****************************************
6. CO.O.L. TRAVEL SPECIALS FROM NATIONAL CAR RENTAL

 This week, National (R) offers great rates in the following cities. Rates
listed below are valid on compact class vehicles at airport locations
listed.  Other car types may be available. Rates are valid from Saturday,
December 9 to Tuesday, December 12, 2000.
------------------------------------------
$19 a day in:  Hartford, CT (BDL)
$27 a day in:  Nashville, TN (BNA)
$21 a day in:  Cleveland, OH (CLE)
$27 a day in:  Newark, NJ (EWR)
$19 a day in:  Houston, TX (IAH)
$27 a day in:  Jacksonville, FL (JAX)
$38 a day in:  Los Angeles, CA (LAX)
$20 a day in:  Saginaw, MI (MBS)
$27 a day in:  New Orleans, LA (MSY)
$38 a day in:  Ontario, CA (ONT)
$27 a day in:  Pensacola, FL (PNS)
$19 a day in:  Raleigh-Durham, NC (RDU)
$38 a day in:  San Diego, CA (SAN)
$19 a day in:  San Antonio, CA (SAT)
$21 a day in:  Seattle, WA (SEA)
$38 a day in:  Orange County, CA (SNA)
$27 a day in:  Tampa, FL (TPA)
$19 a day in:  Tulsa, OK (TUL)

To receive your special Continental Airlines CO.O.L. Travel Specials
discounted rates, simply make your reservation in advance and be sure to
request Product Code COOLUS.  Make your reservation online or contact
National at 1-800-CAR-RENT (1-800-227-7368).  Book your reservation online
at:
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0D7m7

* If you are traveling to a city or a different date that is not listed,
National offers you up to 20% off their retail rates when you book online at:
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0DwDV

For complete details on these offers, please refer to National's terms and
conditions below.

****************************************
7. CO.O.L. TRAVEL SPECIALS LAST-MINUTE WEEKEND
RATES FROM WESTIN, SHERATON, FOUR POINTS, ST. REGIS,
THE LUXURY COLLECTION, AND W HOTELS

Here is a sample of this weekend,s participating hotels that match
Continental,s flight destinations.  Visit our website for a complete
listing of participating hotels:

--------------------------------------
Cleveland, OH - Four Points by Sheraton Cleveland South  $51.00
Cleveland, OH - Four Points by Sheraton Cleveland City Center Hotel   $88.00
Cleveland, OH - Four Points by Sheraton Akron West   $59.00

Houston, TX - Sheraton North Houston at IAH   $58.00
Houston, TX - Sheraton Suites Houston Near the Galleria  $71.00
Houston, TX - Sheraton Houston Brookhollow  $59.00
Houston, TX - The St. Regis Houston  $64.00
Houston, TX - The Westin Galleria  $95.00

Los Angeles, CA - Four Points by Sheraton Culver City  $65.00
Los Angeles, CA - Four Points by Sheraton LAX   $57.00
Los Angeles, CA - Four Points by Sheraton Santa Monica  $108.00
Los Angeles, CA - Sheraton Anaheim Hotel   $81.00
Los Angeles, CA - Sheraton Gateway Hotel Los Angeles Airport  $62.00
Los Angeles, CA - Sheraton Industry Hills Resort and Conference Center
$62.00

Los Angeles, CA - Sheraton Ontario Airport Hotel  $52.00
Los Angeles, CA - Sheraton Universal Hotel  $99.00
Los Angeles, CA - The Century Plaza Hotel & Spa  $140.00
Los Angeles, CA - The Westin Los Angeles Airport  $77.00
Los Angeles, CA - W Los Angeles Westwood  $191.00
Los Angeles, CA - Westin Long Beach  $82.00

Madison, WI - Sheraton Madison Hotel  $77.00

Nashville, TN - Sheraton Music City  $77.00

New Orleans, LA - Sheraton New Orleans Hotel   $109.00

New York, NY - Sheraton JFK Airport  $110.00

Orange County, - CA Sheraton Ontario Airport Hotel  $129.00

Pensacola, FL - Four Points by Sheraton Ft. Walton Beach  $46.00

San Antonio, TX - The Westin Riverwalk  $169.00
San Antonio, TX - The Westin La Cantera Resort  $175.00

San Diego, CA - Sheraton San Diego Hotel & Marina  $94.00
San Diego, CA - Four Points by Sheraton Rancho Bernardo  $71.00

Seattle/ Tacoma, WA - The Westin Seattle  $99.00
Seattle/ Tacoma, WA - Sheraton Tacoma Hotel  $59.00

St. Petersburg, FL - The Westin Innisbrook Resort  $71.00

Tampa, FL - The Westin Innisbrook Resort  $71.00
Tampa, FL - Sheraton Studio City Hotel   $85.00
Tampa, FL - Four Points by Sheraton Lakeland  $57.00

Tulsa, OK - Sheraton Tulsa Hotel  $56.00

Visit our site for booking these Last-Minute Weekend Rates
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0D7n8

For complete details on these offers, please refer to the terms and
conditions below.

****************************************
8. CO.O.L. TRAVEL SPECIALS ON HILTON HOTELS AND RESORTS

The following rates are available December 8-10, 2000 and are priced per
night.
--------------------------------------

Airport:   Tampa, Florida (TPA)
Rate:      $105/Night    Hilton Clearwater Beach Resort, Clearwater
FL    (Located on 10 acres of white sandy beach on the Gulf of Mexico.)

Airport:   Tampa, Florida (TPA)
Rate:      $69/Night    Doubletree Guest Suites Tampa near Busch Gardens,
Tampa  FL    (Just a mile away from the world-famous Busch Gardens and
Adventure
  Island theme parks, conveniently located to numerous business parks.)

Airport:   Orange County, California (SNA)
Rate:      $89/Night    Hilton Port of Los Angeles/San Pedro, San Pedro  CA
(Minutes away from the Queen Mary, shopping and walking distance to beach.)

Airport:   Orange County, California (SNA)
Rate:      $99/Night    Hilton Suites Anaheim/Orange, Orange  CA
(An all suite hotel offering cooked to order breakfast and evening beverage
reception!)

Airport:   Seattle, Washington (SEA)
Rate:      $59/Night    Doubletree Hotel Bellevue Center, Bellevue WA
(We're located off I-405, just ten minutes east of downtown Seattle and
25 minutes from Sea-Tac International Airport.)

Airport:   Seattle, Washington (SEA)
Rate:      $89/Night    Doubletree Hotel Seattle Airport, Seattle  WA
   (Adjacent to Seattle Tacoma International Airport, one mile from I-5 and 20
minutes south of downtown Seattle, we provide 24-hour complimentary airport
shuttle service.)

Airport:   Seattle, Washington (SEA)
Rate:      $79/Night    Doubletree Hotel Bellevue, Bellevue  WA
(We're just ten minutes from downtown Seattle and 25 minutes from Sea-Tac
International Airport.)

Airport:   San Antonio, Texas (SAT)
Rate:      $59/Night    Hilton San Antonio Airport, San Antonio  TX
(2 miles from SAT Airport; 10 mins from the Riverwalk, 20 mins to
Seaworld.)

Airport:   San Antonio, Texas (SAT)
Rate:      $69/Night    Doubletree Club San Antonio Airport, San Antonio  TX
 (Located in San Antonio with easy access to area
attractions.)

Airport:   San Diego, California (SAN)
Rate:      $129/Night    Hilton San Diego Mission Valley, San Diego CA
(Located one mile from Old Town San Diego, 4 miles from
downtown, Zoo and Balboa Park.)

Airport:   San Diego, California (SAN)
Rate:      $169/Night, 12/9-10   Hilton San Diego Airport/Harbor
Island, San Diego  CA    (Four miles from the San Diego Convention
Center, Downtown and the Seaport Village)

Airport:   San Diego, California (SAN)
Rate:      $99/Night    Hilton San Diego/Del Mar, Del Mar  CA
(Next to the famous Del Mar Race Track.  16 miles north of SAN Airport.)

Airport:   Raleigh-Durham, North Carolina (RDU)
Rate:      $79/Night    Hilton North Raleigh, Raleigh  NC
(Located 5 miles from the State Capitol, convenient to downtown,
Research Triangle Park and the airport.)

Airport:   Pensacola, Florida (PSN)
Rate:      $109/Night    Hilton Sandestin Beach and Golf Resort,Destin  FL
(A 2,400 acre, beachfront resort playground nestled
between the Gulf of Mexico and the Choctawatchee Bay.)

Airport:   New Orleans, Louisana (MSY)
Rate:      $70/Night    Hilton New Orleans Airport, Kenner  LA
(First-class hotel at the airport, only 13 miles from the French Quarter!)

Airport:   New Orleans, Louisana (MSY)
Rate:      $99/Night    Doubletree Hotel New Orleans-Lakeside, Metairie  LA
(Located in Metairie with stunning views of Lake Pontchartrain and
the New Orleans skyline.)

Airport:   Indianapolis, Indiana (IND)
Rate:      $79/Night    Doubletree Guest Suites Indianapolis/Carmel, Carmel
IN
(Just 5 minutes from the Indianapolis International Airport and 15 minutes
from downtown.)

Airport:   Intercontinental Airport, Houston, Texas (IAH)
Rate:      $79/Night    Hilton Houston Hobby Airport, Houston  TX
(Across from Hobby Airport (free shuttle) - near Astroworld, NASA and
racetracks.)

Airport:   Intercontinental Airport, Houston, Texas (IAH)
Rate:      $99/Night    Hilton Houston Southwest, Houston  TX
(Only 9 miles from downtown Houston, Free shuttle to the Galleria Mall.)

Airport:   Intercontinental Airport, Houston, Texas (IAH)
Rate:      $165/Night    Doubletree Hotel Houston-Post Oak, Houston TX
(Located in the heart of Uptown Houston Business district and 2
blocks from the Galleria Mall.)

Airport:   Newark, New Jersey (EWR)
Rate:      $79/Night    Hilton Parsippany, Parsippany  NJ
(Only 3 miles from downtown Morristown & 25 miles from New York City.)

Airport:   Cleveland, Ohio (CLE)
Rate:      $59/Night    Hilton Garden Inn Cleveland Airport, Cleveland  OH
(Just two miles from Cleveland Airport, and only 12 miles from downtown.)

Airport:   Cleveland, Ohio (CLE)
Rate:      $69/Night    Hilton Cleveland South, Cleveland  OH
(Located 8 miles from the Rock-n-Roll Hall of Fame and downtown
Cleveland)

To book this week's special rates for Hilton Family Hotels, visit and book at
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0B3zF

Special rates apply only for the dates listed at each hotel and are subject to
availability.  Check hilton.com for specific dates at each Hilton Family
Hotel.
Or call at 1-800-774-1500 and ask for Value Rates. Restrictions apply to these
rates.

****************************************
 CO.O.L. TRAVEL SPECIALS RULES:
Fares include a $37.20 fuel surcharge.  Passengers
returning on January 31, 2000 will not have to pay the $37.20 fuel
surcharge.  Passenger Facility Charges, up to $12 depending on routing, are
not included. Up to Three dollars per segment federal excise tax, as
applicable, is not included.  Applicable International and or Canadian taxes
and fees up to $88, varying by destination, are not included and may vary
slightly depending on currency exchange rate at the time of purchase.
For a complete listing of rules please visit:
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0Ebnr

 ALAMO RENT A CAR'S TERMS AND CONDITIONS:
Taxes (including VLF taxes up to US$1.89 per day in California and GST),
other governmentally-authorized or imposed surcharges, license recoupment
fees, fuel, additional driver fee, drop charges and optional items (such as
CDW Waiver Savers(R) up to US$18.99 a day,) are extra. Renter must meet
standard age, driver and credit requirements. Rates higher for drivers under
age 25. Concession recoupment fees may add up to 14% to the rental rate at
some on-airport locations. Up to 10.75% may be added to the rental rate if
you rent at an off-airport location and exit on our shuttle bus. Weekly
rates require a 5-day minimum rental or daily rates apply. For weekend
rates, the vehicle must be picked up after 9 a.m. on Thursday and returned
before midnight on Monday or higher daily rates apply. 24-hour advance
reservation required. May not be combined with other discounts. Availability
is limited. All vehicles must be returned to the country of origin. Offer
not valid in San Jose, CA.

 NATIONAL CAR RENTAL TERMS AND CONDITIONS:
Customer must provide Contract ID# at the time of reservation to be eligible
for discounts. Offer valid at participating National locations in the US and
Canada. Minimum rental age is 25. This offer is not valid with any other
special discount or promotion. Standard rental qualifications apply. Subject
to availability and blackout dates. Advance reservations required.
Geographic driving restrictions may apply.

 TERMS AND CONDITIONS FOR WESTIN, SHERATON, FOUR POINTS,
ST. REGIS, THE LUXURY COLLECTION, AND W HOTELS:
Offer is subject to availability. Advance Reservations required and are based
on
single/double occupancy. Offer not applicable to group travel. Additional
Service charge and tax may apply. The discount is reflected in the rate
quoted.
Offer valid at participating hotel only. Offer valid for stays on Fri - Mon
with
a Friday or Saturday night arrival required. Rate available for this coming
weekend only (insert and change dates of weekend each update) Offer available
only by making reservations via the Internet. A limited number of rooms may be
available at these rates.
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0FG2R

---------------------------------------
This E-mail message and its contents are copyrighted and are proprietary
products of Continental Airlines, Inc.  Any unauthorized use, reproduction,
or transfer of the message or its content, in any medium, is strictly
prohibited.

****************************************
UNFORTUNATELY MAIL SENT TO THIS ADDRESS CANNOT BE ANSWERED.
PLEASE SEND ALL INQUIRIES TO:
mailto:eservice@coair.com

 TO UNSUBSCRIBE:
We hope you will find CO.O.L. Travel Specials a valuable source of
information. However, if you prefer not to take advantage of this
opportunity, please let us know by visiting the CO.O.L. Travel Specials page
on our web site at:
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0BtI

 TO SUBSCRIBE:
Please visit the CO.O.L. Travel Specials page on our web site at:
http://airmail.continental.com/cgi-bin5/flo?y=eCgi03p650a0Cc1


Tana:

Did anything ever happen with this CP?

Leslie
----- Forwarded by Leslie Hansen/HOU/ECT on 06/05/2001 10:16 AM -----

	Raquel Guzman <Raquel.Guzman@pgworks.com>
	01/23/2001 02:18 PM

		 To: "'Leslie.Hansen@enron.com'" <Leslie.Hansen@enron.com>
		 cc: "Patrick H. Durkin" <Patrick.Durkin@pgworks.com>, "Craig E. White"
<CWhite@pgworks.com>
		 Subject: RE: Letter Agreement re EnronOnline ETA

Leslie:  I'm just following up on the Enron online application for PGW that
you were working on a few months back.  Renewed interest in the product
revives my interest in getting the paperwork finalized.  Please let me know
the status.  Thanks,

Raquel Guzman
PGW Legal Department
(215) 684-6630


The following meeting has been arranged:

 Date:  August  17, 2000
   Wednesday

 Time:  4:00 pm

 Location: 3316

 Topic:  EOL

 Attendees: Mark Frevert
   Dave Delainey
   John Lavorato
   John Arnold
   Hunter Shively
   Phillip Allen
   Andrew Zipper (Traveling)

Thanks,

Kay  3-0643


Jeff:  Check the reps at the end of the confirm.  Thanks.

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 05/01/2001 01:52 PM -----

	Laurel Adams
	05/01/2001 11:10 AM

		 To: Sara Shackleton/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT
		 cc:
		 Subject: Stadacona confirm

Is it safe to send this out??


I hope this works for you.

----- Forwarded by Sue Nord/NA/Enron on 10/25/2000 02:15 PM -----

	Wayne Gardner@ENRON COMMUNICATIONS
	10/25/2000 01:15 PM

		 To: Alisa Christensen/Enron Communications@Enron Communications, Sue
Nord/NA/Enron@Enron, Donald Lassere/Enron Communications@Enron
Communications, Lara Leibman/Enron Communications@Enron Communications,
Michelle Hicks/Enron Communications@Enron Communications, Robbi Rossi/Enron
Communications@Enron Communications
		 cc: James Ginty/Enron Communications@Enron Communications
		 Subject: Bandwidth Trading Structure Meeting

The Bandwidth Trading Structure meeting witll take place at 8:30 am on
November 2, 2000, in conference room 4434.  I will circulate a meeting agenda
no later than October 30.

W. Wayne Gardner
Enron Broadband Services
1400 Smith Street
Houston, TX  77002-7361
Phone:  713 853 3547
Fax:  713 646 2532


Stephanie,  Gary and Cassandra signed this agreement but overlooked the
signature page for the addendum.  I will take care of resending it to Gary's
assistant for the additional signature and she will forward it to Mary.

Annela and Mary can you help us look out for it on Monday to make sure we get
it back to send out promptly?  Please forward the agreement back to Stephanie.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693


We are short 100 mws in SP-15 for tomorrow, 05/02 on peak.  We are short at
$212.  Please call me with any questions.
Thanks,
Bill


-----Original Message-----
From: 	Walsh, Kristin
Sent:	Monday, June 04, 2001 11:49 AM
To:	Presto, Kevin M.; Will, Lloyd
Cc:	Tholan, Scott; Holman, Kelly
Subject:	Union update
Importance:	High

The NRB ruling has not come down yet BUT the Union President has received a phone call from the National Labor Relations Board (NRB) and they will be ruling in favor of the Union, forcing Midwest to the negotiation table.
Midwest has been notified of this and are attempting to call for a special meeting with the NRB to be released from the negotiations.
At that time, the NRB is prepared to have a judge require that Midwest to come to the table.
If Midwest comes to the table but is not willing to negotiate, Labor 15 will proceed with a strike.  At this time, it is estimated the strike will take a week to implement after a strike decision is made.  This is due to the newly formed Labor 15 and its disorganization.


Jennifer,

I e-mailed my mail stop number to Rebecca Torres (EB3125A) on Oct.30. and
left her a voice mail message yesterday. I just sent her the info. again.

CD


I spoke with Bob earlier this week and he outlined the plan for me.  My
understanding is that ECTRIC will no longer be used for London financial
trading. If that is correct, from a credit perspective, this is no different
than setting up a new legal entity, as there will be no possibility for
netting benefits.  To the extent that there is little overlap of ECTRIC/ENA
customers with Softs customers, the impact may be minimal.  Trena, can you
offer comment on this?  Where there is overlap, there is the potential for
smaller credit thresholds within the ISDA as we would need to divide the
total line among different relationships.  Trena, we should follow up on this
when you have some time.

Thanks,
Tanya
 -----Original Message-----
From:  Musch, Susan
Sent: Friday, March 09, 2001 10:55 AM
To: 'Robert Bruce/Enron North America@ENRON'; McFarland, Trena
Cc: Juggins, Janine; Nelson, Rod; Glover, Sheila; Rohauer, Tanya; Aronowitz,
Alan; Marsh, Jonathan; Taylor, Mark; Douglas, Stephen H.
Subject: RE: Entity for softs trading- signoff

I'm okay with using ECTRIC for softs global trading (as further described in
Robert Bruce's e-mail) as well.

Best regards,
Susan

 -----Original Message-----
From:  Bruce, Robert   On Behalf Of Robert Bruce/Enron North America@ENRON
Sent: Thursday, March 08, 2001 4:21 PM
To: McFarland, Trena
Cc: Juggins, Janine; Nelson, Rod; Glover, Sheila; Musch, Susan; Rohauer,
Tanya; Aronowitz, Alan; Marsh, Jonathan; Taylor, Mark
Subject: Re: Entity for softs trading- signoff

Yes, legal is OK with this.  Trades executed from the London desk will be
arranged through EEFT; trades executed from the New York desk will not need
to be.  In either case, the Enron principal to the transaction would be
ECTRIC.

Robert E. Bruce
Senior Counsel
Enron Wholesale Services
T (713) 345-7780
F (713) 646-3393
robert.bruce@enron.com

	Trena McFarland 03/08/2001 03:49 PM 	   To: Robert Bruce/NA/Enron@Enron,
Janine Juggins/LON/ECT@ECT, Susan Musch/ENRON_DEVELOPMENT, Rod
Nelson/LON/ECT@ECT, Tanya Rohauer/HOU/ECT  cc: Sheila Glover/HOU/ECT@ECT
Subject: Entity for softs trading- signoff

Everybody

It is my understanding that for we can use the single entity ECTRIC  for
softs global trading(London and New York).

Please confirm that each of your respective departments is in agreement with
this.

Thank you

Trena McFarland
Enron Agricultural Trading


The IPAnet Briefing
Volume 4, Issue 10, October 2001

The IPAnet Briefing is the Multilateral Investment Guarantee Agency's (MIGA) free monthly e-newsletter for registered users of the Investment Promotion Network (IPAnet) and PrivatizationLink investment information services. If you are not a registered user and would like to receive future issues, please register at -- http://www.ipanet.net/regonew/index.cfm.

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===================================
This issue of the IPAnet Briefing features:

I.    Please take the IPAnet user survey!

II.   New Additions to IPAnet

       -- Country overviews updated from the 2001 CIA World Factbook
       -- Trade policy reviews from the World Trade Organization
       -- Country Commercial Guides for 97 countries are now available

III.  New Content Within PrivatizationLink

       -- New privatization investment opportunities

IV. FDI News Highlights

       -- UNCTAD predicts a further decline in global FDI this year due to the recent
           events
       -- OECD meeting addresses international taxation and cross-border investment
       -- Foreign Investment Advisory Service launches updated Web site

V. MIGA News and Activities

VI.  Upcoming Investment-Related Events

VII. Overview of IPAnet Sponsorship Benefits

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

I.	The IPAnet User Survey 2001

Please take the IPAnet User Survey!!

MIGA would like to elicit your views on the IPAnet online investment information service and various new enhancements we are considering -- to that end we ask you to complete the survey form at --http://www.ipanet.net/documents/WorldBank/databases/survey/ipanet2001_form.cfm

Your participation in the survey will guide us in targeting new content resources, as well as designing new features and functionality to meet your evolving information needs.  Your input regarding the usefulness and impact of IPAnet's services on your business and investment activities is also critical in our reporting to our stakeholders, whose support is crucial in ensuring the continued delivery of this free online information service.

Please take five minutes to complete the online survey form -- the first 25 respondents will receive free IPAnet mousepads!!

II.	New Additions to IPAnet

Country overviews updated from the 2001 CIA World Factbook

Two hundred twenty four at-a-glance country reports have been updated in IPAnet's Document Catalog -- http://www.ipanet.net/infores/tinforesult.cfm?In_source=3162 -- sourced from the 2001 CIA World Factbook. The information provided in the country reports include basic facts about each country, economic overviews, as well as transportation and communication statistics.

Trade policy reviews from the World Trade Organization added to IPAnet

The latest trade policy reviews for the United States, Cameroon and Gabon published by the World Trade Organization -- http://www.wto.org -- have been added to IPAnet's Document Catalog -- http://www.ipanet.net/infores/tinforesult.cfm?In_source=4771. The reviews include information on FDI policies and changes in the FDI regulatory frameworks.

Country Commercial Guides for 97 countries now available in IPAnet

The recent addition of 44 country commercial guides brings the total number of such guides in IPAnet's Document Catalog for fiscal 2002 to 97 -- http://www.ipanet.net/infores/tinforesult.cfm?In_source=3078. These guides, produced by the US Commerce Department, contain comprehensive information on national economic and political trends, economic and trade statistics and regulations, the investment climate, market research findings and the leading sectors of each country for export and investment.

III.	New Content Within PrivatizationLink

New privatization investment opportunities now featured in the upgraded PrivatizationLink Web site -- http://www.privatizationlink.com, including:

-- Armenia:  The Government has approved a list of 16 strategic enterprises -- http://www.privatization.am/nsp/nsp35.html -- to be prepared for privatization. The list includes companies in the mining, energy, light industry, radio electronics and machine construction sectors.

-- Bosnia and Herzegovina: The Republika Srpska Directorate for Privatization -- http://www.rsprivatizacija.com -- the privatization agency for the Serb Republic, has announced tenders for an information technology, publishing and printing company (bid closing date: October 26, 2001); a dairy producer (bid closing date: November 5, 2001); a steel foundry, a tool machine factory, a silk cloth manufacturer and a steel pipe producer (bid closing date: November 13, 2001); a tanning and leather manufacturing company (bid closing date: November 29, 2001); and two fruit and vegetable canning firms (bid closing date: November 19, 2001).
   The Agency for Privatization -- http://www.apf.com.ba/ -- has issued tenders for a reduction machine manufacturer (bid closing date: October 19, 2001); a biscuit, cookie and cake manufacturer (bid closing date: October 22, 2001); an ammoniac soda factory (bid closing date: November 1, 2001); and a detergent manufacturer (bid closing date: December 4, 2001).

-- Central African Republic: The Commission of Privatisation has launched an international tender for a number of state-owned companies -- http://www.centrafrique.org/centrafrique-presse/articles.php3?id_art=641. International investors are sought for SOGESCA (a sugar producer), CENTRAPALM (palm oil producer), SOCATRAF (transport), SCET SOFITEL and SHOC HOTEL DU CENTRE (hotels), BARC (road transport), and SEGA (slaughterhouse). (bid closing date: December 15, 2001).

A tender process has commenced -- http://www.natfund.gov.sk/english/oznamenie5.htm -- for the sale of 67 per cent of a spa resort in Western Slovakia, Slovenske Liecebne Kupele Piestany. Final bids for participating in the spa sale are due to be submitted by January 10, 2002.

-- Uruguay:  The Communication Services Regulatory Agency -- http://www.ursec.gub.uy -- is offering a Spectrum Rights of Use (SRUs) for mobile communication services -- http://www.uyweb.com.uy/ursec/English/docs/rules.doc. The SRUs will be allocated through an auction that will be held on November 26, 2001. Interested investors must submit their application materials no later than October 30, 2001.

IV.	FDI News Highlights

UNCTAD predicts a further decline in global FDI this year due to the recent events

According to UNCTAD -- http://www.unctad.org -- the events of September 11, 2001 on global FDI flows will accentuate the 40 percent decline expected in 2001 (US$760 billion) -- http://www.unctad.org/en/docs/poitem49.en.pdf (Acrobat reader required). The further weakening of the domestic economies of the United States and other leading industrialized countries and higher levels of uncertainty are likely to induce companies to adopt a wait-and-see approach and put planned investments on hold until they gain a better understanding of the longer term impact of the events as they unfold. FDI in industries, such as transportation services, airplane manufacturing, tourism, insurance and financial services may in particular be negatively affected. The recent events may lead to higher FDI in low-cost countries, as companies facing declining demand seek to cut costs further. While the longer term impact of the recent events on FDI flows is difficult to forecast at this point, in 2001 !
to!
tal FDI flows are anticipated to be less than US$700 billion.

OECD meeting addresses international taxation and cross-border investment

In the recent Global Forum on Taxation -- http://www.oecd.org/oecd/pages/home/displaygeneral/0,3380,EN-document-103-3-no-12-18277-103,00.html -- organized by OECD -- http://www.oecd.org -- participants addressed several issues regarding international taxation of multinational enterprises, tax havens, harmful tax practices and transfer pricing. Over 1,500 bilateral tax treaties around the world provide a framework for avoiding double taxation and for co-operation between tax authorities to resolve disputes and exchange information. In today's global economy a large share of world trade consists of transfers of goods, intangibles and services within multinational enterprises. Transfer pricing rules are therefore an important tool to determine tax liabilities in each jurisdiction. Competition for FDI has encouraged countries to make their tax systems more attractive to investors. However, some tax and related practices are anti-competitive and can undercut the gains that tax co!
mp!
etition generates.

Foreign Investment Advisory Service launches updated Web site

The Foreign Investment Advisory Service (FIAS) of the World Bank Group --  http://www.worldbank.org -- whose mission is to help developing country governments improve their FDI environment, recently launched its updated Web site -- http://www.fias.net. The site has several new and updated features, including:
-- a list of current projects in Asia and the Pacific -- http://www.fias.net/data/asia.html -- Sub-Saharan Africa -- http://www.fias.net/data/sub_saharan.html -- Latin America and the Caribbean -- http://www.fias.net/data/latin_america.html -- Europe and Central Asia -- http://www.fias.net/data/europe.html -- the Middle East and North Africa -- http://www.fias.net/data/mena.html -- the World Business Environment Survey -- http://www1.worldbank.org/beext/resources/assess-wbessurvey-alt.htm -- of 81 countries and territories. The Survey uses a fairly uniform survey methodology to generate indicators that are comparable across countries and over time. The Survey covers perceptions of the investment climate as shaped by local economic policy, governance, regulatory, infrastructure and financial impediments and quality of public services; and
-- links to investment climate indicators -- http://www.fias.net/investment_climate.html.
For more information, please contact FIAS at fias@ifc.org.

V.	MIGA News and Activities

MIGA Web site receives a facelift

MIGA -- http://www.miga.org -- has launched a new version of its Web site with several new features:
-- a list of projects (including a Featured Project section) insured by MIGA in fiscal 2001, classified by region -- http://www.miga.org/screens/projects/projects.htm
-- a new Partnerships section highlighting MIGA's official cooperation agreements with insurers, with links to each insurer's Web site-- http://www.miga.org/screens/partnerships/partnerships.htm
-- updated content on the "About MIGA" and "Products and Services" pages, and a summary of requirements for completion of the Preliminary Guarantee Application Form -- http://www.miga.org/screens/services/guarant/forms/pa.pdf  (Acrobat Reader required);
-- the Publications page showcasing new MIGA marketing materials (e.g., brochures and the Investment Guarantee Guide) -- http://www.miga.org/screens/pubs/pubs.htm and
-- a revised FAQ page, addressing "Guarantees Basics" --
http://www.miga.org/screens/faqs/faqs.htm
For further information about the MIGA Web site, please contact migamarketing@worldbank.org.

Latest issue of MIGA News highlights Agency's strong results

The fourth quarter issue of MIGA News -- http://www.miga.org/screens/pubs/miganews/vol9no.3.pdf (Acrobat Reader required) -- was recently published. The issue features the results of MIGA's guarantees portfolio and investment marketing performance in fiscal 2001, the agency's mediation service, and project highlights, including an effort to address basic power problems in the slums of Rio de Janeiro.

VI.	Upcoming Investment-Related Events

The following is a sampling of upcoming investment conferences and seminars selected from IPAnet's Events Calendar -- http://www.ipanet.net/events/ -- containing a complete searchable listing.

The Fifth Annual Russian Investment Symposium -- http://djconferences.dj.com/russia/index.html -- Boston, MA, United States, November 1-3, 2001

Contact:	Maxine Berry
E-mail:	Maxine.Berry@dowjones.com
Phone:	44 (0) 20 7 842 9679

Second Middle East and North Africa Project Finance and Privatization Conference -- http://www.expodio.com/events/110601/privat_2001.html -- Abu Dhabi, United Arab Emirates, November 6-7, 2001

Contact:	Mahmoud Thahab
E-mail:	mail@expodio.com
Phone:	1 (949) 363-0060
Fax:		1 (949) 495-4280

Doing Business in Latin America -- http://www.fcibglobal.com/newsite/events/faz901.html -- Scottsdale, Arizona, United States, January 16 - 18, 2002

Contact:	Aneta Spilman
E-mail:	anetas@fcibglobal.com
Phone:	1 703-684-1366

Economic Development Masterclass: Attracting inward investment in a changing environment --
http://www.euromoneyseminars.com/event_information.asp?eventid=ELE%20520&eventmenu=true&eventpassed=false   -- Miami, Florida. USA.
Foundation Course -- February 25-26, 2002
Advanced Courses -- February 27-28, 2002
**Please Note: All registered IPAnet users are entitled to a 10% discount for either or both courses.**

Contact:	Jason Coles
E-mail:	jcoles@euromoneyplc.com
Phone: +44 (0) 870 90 62 600

VII.	Overview of IPAnet Sponsorship Benefits

IPAnet is one of the most frequently utilized Internet sites focusing on foreign direct investment information and investment promotion. IPAnet's databases now catalog over 11,800 information resources (links to other Web sites or documents hosted on our server) drawn from over 600 organizations. These resources make IPAnet the leading Internet portal for information on investment conditions, legal and regulatory issues, as well as specific investment and privatization opportunities worldwide. Today over 19,000 professionals from more than 5,000 institutions in 195 countries -- mainly private sector organizations involved in cross-border investment -- use IPAnet to meet their information-gathering and research needs and contact relevant decision-makers in government, industry and the financial sector.

Sponsorship: You can reach this exclusive audience of multinational companies and investors by becoming an IPAnet sponsor. Sponsors receive a package of on-line marketing services, including a banner advertisement linked to your Home Page. By including an e-mail link in your marketing presentation you can facilitate inquiries by interested IPAnet users. IPAnet also offers online distribution of relevant press releases via the News Sources section and notices of upcoming conferences or other investment-related events via the Events Calendar section.

Annual sponsorship of IPAnet costs US$2,000 per year. A lifetime sponsorship costs US$10,000. Compare the cost of sponsorship to advertising rates in many trade publications -- a full-page advertisement in a single issue of many print publications can be as much as three times the IPAnet annual sponsorship rate!

Sponsored Surveys: IPAnet will work with selected organizations to develop and host sponsored surveys addressing specific investment-related topics or sectors. These sponsored surveys can provide information resources, case studies and "best practice" guidelines that both highlight and leverage upon the expertise of the partner organization.

For further information, please contact the IPAnet Briefing at ipanetbriefing@worldbank.org.


check with Oxley


Ken - here is another (brand new) issue Mark H. asked me to forward on to you
that he would like to discuss this afternoon in the anti-trust call.
---------------------- Forwarded by Mark Taylor/HOU/ECT on 03/02/2000 11:11
AM ---------------------------

	Enron North America Corp.

	From:  Mark E Haedicke                           03/02/2000 11:01 AM

To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Proposed Meeting of Major Energy Trading Houses

There is a proposal to have a meeting of the head traders of Enron, Reliant,
Sempra, Coral, Duke, Southern, Dynergy and El Paso.  The idea would be to
talk about e-commerce in the energy business.  Specifically, Enron might
propose standardization of our masters, start-up of a clearing house for
energy trading, electronic mechanism for confirmations, opening EOL to other
companies to post bids and offers, and discuss electronic protocols for
transactions with other energy companies to reduce costs.  We would probably
discuss the state of regulatory restrictions under the CEA.

What are the anti-trust issues for such a meeting?
What are the appropriate parameters for such meeting?
Should legal counsel be in attendance?
Would it be best to make invitations through a formal letter?


----- Forwarded by Tana Jones/HOU/ECT on 09/18/2000 06:04 PM -----

	Michael Neves
	09/18/2000 05:36 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: "Other Agreements" in Lotus Notes

This request has been completed.

Also, I spoke with a contact in IRM and they said that the best way for Jason
to keep is access would be to maintain his NT and Notes accounts and have him
set up his Laptop/Desktop with a Terminal Server client.  With this Terminal
Server client he can access the Enron network as if he's in the office (a
little/lot slower).

To get Terminal Server:  from his Enron Corp desktop he should click
"Start-Programs-Utilities-Make Terminal Server Client Disks"  -  Then of
course he needs to install TS on his machine at A&K (or home).

Let me know if you/he has any questions.

Mike 3-3363

From: Tana Jones on 09/13/2000 08:51 AM
To: Michael Neves/HOU/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Laurel
Adams/HOU/ECT@ECT
Subject: "Other Agreements" in Lotus Notes

Per our conversation yesterday, we would like to open the "Other Agreements"
information in the Financial Trading Agreement Database to members of the
Interest Rate and Currency Desk.  If possible, we would also like them to see
the comments screen.  The people who will need access are Laurel Adams,
George Garcia, Sheila Glover, Kelly Templeton, Teresa Brogan.

As usual, we would like to get them access ASAP.  Can you keep me posted on
their access.  Thanks!


One more for you.  Because you're special.

DG
---------------------- Forwarded by Darron C Giron/HOU/ECT on 11/07/2000
02:53 PM ---------------------------

Carrie Richardson@ENRON
11/07/2000 01:29 PM
To: Darron C Giron/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT, William
Kelly/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT
cc: Sharon Smith/AA/Corp/Enron@ENRON
Subject: Curve Shift Request

Please provide us with the P&L top sheet as of October 31 for the following
books.  Additionally, if P&L related to the books is primarily due to curve
shift, please provide the top pages and curve shift report for the top five
days.

East Intermonth
Central Intermonth
FT East
FT New York
FT CENT
Texas
MGMT-West
Executive Spec

If you have any questions, please feel free to contact me at extension 31951
or Sharon Smith at extension 57346.
Thank you,
Carrie Richardson


Richard,

	Today Stacy and I spoke with Mike Farrell, Adkins' attorney.  It was brief and to the point.  I told him that his August 8, 2001 demand letter makes no reference to a verbal deal for a fixed price done on March 6 that was confirmed in writing by fax to his client on March 8.  Farrell told me that Adkins had not advised him of any such deal.  Farrell, who is quick on his feet, asked me to send him any writing signed by his client to this effect.   Once he sees that the confirm is the type which does not require a counter-party signature, Farrell may try to raise a statute of frauds issue, given that the deal confirmed could not have been fully performed within one year.

	However, there are at least two counter-arguments.  First, the underlying base contract that was assigned to ENA from CES was signed by Adkins; in fact, to that base contract is attached a confirm for one-year floating index price deal with an evergreen clause, which I think is the deal Adkins is trying to enforce--and that confirm is signed only by CES.  Second, since (as John confirmed for me a moment ago) we hedged the fixed price deal, we may have good promissory estoppel arguments sufficient to trump a statute of frauds argument.

	Farrell also mentioned a conversation with Wade Price in ENA Customer Service, during which Price advised Adkins that Adkins in fact had a floating price contract.  I asked Farrell when that conversation occurred, and Farrell could only say that it ocurred some time in the year 2000. Stacy and I are following up with Price on this.  Preliminarily, such a conversation could have occurred; however, we so far appear to have a very reasonable explanation.

	In brief, our back office was drinking from a fire hose during the time of the CES contract assimilation, and this and other deals were not getting entered into the correct system.  For that reason, (a) ENA continued to pay Adkins based on the old floating index price from some months after March 2000, until this and other mispayment issues were caught by an internal audit, and (b) if Price had been called by Adkins before the corrections were made would have assumed, based on what was in the system at the time, that the old floating index price contract was still current.  Price keeps a log of phone calls and will be reviewing them in preparation for a further interview by us.

	As Stacy mentioned, the really interesting point is the timing of Adkin's purported call.  Although this remains speculation at present, Adkins would have been losing money for the first several months, maybe until around July-August 2000, as the index was under the fixed price during that time period.  However, Adkins may not have been on notice of this until he received the first couple of checks.  Given that payment for Appalachian gas runs a month or so slower than elsewhere,  Adkins may not have received those checks until July-August.  By around August 1, the Appalachian index price had already risen above the fixed price.  In other words, with the benefit of being several months down the road, Adkins realized that this was going to be a banner year for Appalachian gas prices during the later heating season (and was).  So, perhaps Adkins called Price with an agenda in mind, which was to take advantage of what he realized was a mistake by Enron.

   	Timing here again will be important.  If we coincidentally did not complete our internal audit until the Appalachian index price rose above the fixed price deal we had with Adkins, then Adkins will argue that ENA opportunistically changed its position on whether there was a deal when the index price rose.  This is exactly, of course, our position with regard to Adkins.  Stacy will be researching the gas prices during the relevant time frame.

	You should also know that Adkins has reportedly done this in the past to our other Appalachian gas trader, Jim Javens.  John learned about this after the fact.  I will be following up with Javens.

	The next step is for me to send to Farrell the confirm and any other documentation I want him to see, and follow-up with Farrell to attempt to narrow the fact issues.

	I will keep you advised.

	Britt


mark
fyi,  opening day for the dodgers is Monday, April 2nd against Milwaukee.
It's a 1:00 day game.     The girls happen to have a four day weekend that
week and they are coming down for Karen's shower on Saturday......   so, I
was planning on booking tickets for us on that day.

Let me know if you are interested and I will book you a ticket... or more
if you want extra.     Field box seats are $17 in the outfields,  so  I'll
probably just book those instead of getting scalper tickets.

dave

------------------------------------------------------------------------------
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or entity to which it is addressed and may contain confidential
and/or privileged material. If you are not the intended recipient
of this message you are hereby notified that any use, review,
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-------------------------


Funny thing.  Right after we'd discussed my company's mark to market
accounting in class on Monday, this article showed up on Wednesday.  Thought
you might be interested.

TEXAS JOURNAL --- Energy Traders Cite Gains, But Some Math Is Missing ---- By
Jonathan Weil Staff Reporter of The Wall Street Journal

Volatile prices for natural gas and electricity are creating high-voltage
earnings growth at some companies with large energy-trading units. But
investors
counting on these gains could be in for a jolt down the road.

  Shares of these companies have been on a tear lately. And some of the
biggest
players are in Houston, the center of the energy-trading industry. Dynegy
Inc.'s
stock is up more than fourfold so far this year at $53.438, and now trades
for
41 times what analysts project the company's 2000 earnings will be, according
to
First Call/Thomson Financial. Shares of Enron Corp., the largest trader of
gas
and electricity in North America, have nearly doubled this year to $84.875,
or
60 times earnings. Meanwhile, El Paso Energy Corp.'s stock has jumped 61%
this
year to $62.375, or 24 times earnings.

  Traders at these and other companies are capitalizing on the wild price
swings
and supply fluctuations that have accompanied deregulation in some regional
markets. Natural-gas prices have more than doubled in the past year, while
supplies have tightened. And the rapid price fluctuations for electricity
have
prompted many large businesses to seek price protection through hedging or
fixed-price contracts, generating large premiums for traders.

  But what many investors may not realize is that much of these companies'
recent profits constitute unrealized, noncash gains. Frequently, these
profits
depend on assumptions and estimates about future market factors, the details
of
which the companies do not provide, and which time may prove wrong. And
because
of minimal disclosure standards in these kinds of cases, it's difficult for
investors to assess whose assumptions might be too aggressive, or what market
changes might invalidate the assumptions -- and force earnings revisions.

  "There could be a quality-of-earnings issue," says Tom Linsmeier, an
associate
professor of accounting at Michigan State University, who co-authored the
U.S.
Securities and Exchange Commission's rules on market-risk disclosures for
financial instruments. "There certainly might be great volatility that could
cause what now looks like a winning, locked-in gain to not arise sometime in
the
future."

  The companies reject any suggestion that there may be quality problems with
their earnings.

  But at the heart of the situation is an accounting technique that allows
companies to include as current earnings those profits they expect to realize
from energy-related contracts and other derivative instruments in future
periods, sometimes stretching over more than 20 years.

  So-called mark-to-market accounting is mandated by accounting-rule makers
when
companies have outstanding energy-related contracts on their books at the end
of
a quarter, such as agreements to sell electricity or buy natural gas over a
period of time at certain prices. Under those rules, companies estimate the
fair
market values of those contracts on their balance sheets each quarter as
assets
or liabilities. Changes in the value of a contract from quarter to quarter
then
are either added to or subtracted from net earnings.

  If, for instance, the market price for natural gas rises above the price
specified in a company's contract to buy gas, generally the company will
record
an unrealized gain. That gain is recognized as income and recorded as an
asset
on the company's balance sheet. At the end of each quarter, the contract is
revalued. The value of the previously recorded asset is increased, and any
increase in unrealized gain is recorded as additional income. Conversely, if
the
market value for gas falls, and the value of the contract has declined, any
change in the contract's value is recorded on the company's balance sheet,
and a
loss is recorded on its income statement. e

  Yet in their financial reports, the companies only vaguely describe the
methods they use to come up with fair-value estimates on the contracts.
Increasingly, quoted market prices offering independent guidance are becoming
readily available for several years into the future. However, with some
long-term derivative instruments, particularly electricity contracts, future
market prices don't extend far enough to cover the full life of those
contracts.
And in those cases, companies are allowed to base valuations on their own
undisclosed estimates, assumptions and pricing models.

  "Ultimately they're telling you what they think the answer is, but they're
not
telling you how they got to that answer," says Stephen Campbell, an analyst
at
Business Valuation Services in Dallas. "That is essentially saying `trust
me.'"

  Accounting-rule makers at the Financial Accounting Standards Board have
debated the subject of how to value energy-related contracts extensively in
recent months. "Two companies in similar circumstances might apply different
methods to estimate the fair value of their energy-related contracts and may
arrive at widely different values," an FASB task force studying the issue
wrote
in a June report. "Those differences lead to the question of whether some of
the
methods in practice yield estimated amounts that are not representative of
fair
value."

  Despite this concern, FASB isn't inclined to offer any explicit guidance
for
how such contracts should be valued. "There are just too many models and too
many different types of instruments for us to have a one-size-fits-all type
of
model," explains Timothy Lucas, FASB's director of research in Norwalk, Conn.

  One way to determine the size of a company's unrealized gains is to compare
the change in the values of net assets from risk-management activities from
quarter to quarter. Some companies also disclose how much they're adjusting
their cash-flow statements to reflect unrealized gains that have been booked
as
earnings. That's how one can determine the size of the unrealized gains at
Dynegy and Enron, for example, the two companies confirm.

  A reporter's examination of Dynegy's financial filings shows the company's
earnings are highly dependent on unrealized gains from risk-management
activities. For its most recent quarter, ended June 30, Dynegy reported
earnings
of 38 cents a diluted share -- 71% of which came from unrealized gains, the
company confirms. (The company's per-share earnings would have been 20 cents
higher if not for a one-time stock dividend.) For all of 1999, Dynegy
recorded
$115 million in unrealized gains, accounting for 51% of its earnings.

  Enron confirms it booked $747 million in unrealized gains from
risk-management
activities during the second quarter, more than the company's total $609
million
in earnings before interest and taxes. Absent unrealized gains, the company
would have reported a quarterly loss. For the quarter, the company reported
earnings of 34 cents a diluted share, up 26% from a year earlier.

  But not all companies disclose enough information for investors to
calculate
how large their unrealized gains are. El Paso says that's the case with its
own
quarterly reports, which disclose short-term assets and liabilities from
risk-management activities -- but not long-term risk-management assets and
liabilities.

  For the second quarter, El Paso reported that its energy marketing and
trading
unit earned $152 million before interest and taxes, 24 times what it earned a
year earlier. In an interview, El Paso's chief financial officer, Brent
Austin,
says unrealized gains represented about a third of that total. He says most
of
the cash from those gains will materialize within a year.

  In its financial reports, Dynegy highlights the uncertainties with some
contract valuations. It explains that with some long-term contracts for which
market-price quotes aren't available, "the lack of long-term pricing
liquidity
requires the use of mathematical models to value these commitments . . .
[using]
historical market data to forecast future elongated pricing curves." Dynegy
cautions that actual cash returns may "vary, either positively or negatively,
from the results estimated."

 But like Enron, El Paso and others, Dynegy provides scant details about its
mathematical models -- such as the assumptions they use for market volatility
and long-term price forecasts for natural gas and electricity. Nor is the
company required to disclose more.

  "The disclosure mentions risks," says John Cassidy, an analyst who tracks
Dynegy for Moody's Investors Service in New York. "But I don't know that the
disclosure offers enough detail for you to be able to quantify how much risk
there is."

  El Paso's filings warn that "because the valuation of these financial
instruments can involve estimates, changes in the assumptions underlying
these
estimates can occur, changing our valuation and potentially resulting in
financial losses." Enron cautions that the values it assigns to various
transactions are based on "management's best estimate."

  The companies are required to disclose what they think their maximum
potential
single-day risk-management losses might be, figures that also are based on
various undisclosed market assumptions. But energy traders cite competitive
reasons for not disclosing more.

  "You don't necessarily want to tip off everyone to what you're doing," says
John Harrison, chief financial officer for El Paso's merchant-energy unit.

  Echoing remarks by executives at other energy traders, Enron's executive
vice
president and chief accounting officer, Richard Causey, says Enron runs a
relatively balanced portfolio and that the estimates factored into his
company's
valuations are conservative. In large part, he says, those estimates are
based
on quoted market prices where available. Where they're not available, Mr.
Causey
says Enron bases its estimates in part on long-term pricing trends, as well
as
the company's own trading experience, which dates to 1990.

  Further, Mr. Causey says, Enron's unrealized gains don't depend heavily on
gains from long-term contracts that extend beyond the periods for which
market
quotes are available, reducing the potential for significant earnings
revisions.
The average length of Enron's risk-management contracts is just two years, he
says. To be sure, though, some of Enron's electricity contracts extend for 25
years.

  "We're getting the cash in quicker than you might think," Mr. Causey says.
"They don't stay unrealized very long."

  El Paso says its contracts have an average life of six years, with some
running as long as 20 years. Dynegy says the longest risk-management
contracts
for which it uses mark-to-market accounting are 10 years, though it doesn't
disclose an average length. Dynegy's chief financial officer, Robert Doty,
says
96% of the company's gas contracts close out by 2002, while 75% of its power
contracts expire by 2003. "The cash will come in," he says.

  As for why the company doesn't disclose the extent of any bias, bullish or
bearish, it has in the market, Dynegy executives say that information, like
the
estimates behind its mathematical models, is proprietary. Such disclosures
may
be outdated anyway by the time they could be included in public financial
filings, says Michael Mott, a Dynegy vice president. Mr. Mott further
explains
that Dynegy could be realizing more cash earnings now if it wanted to. But
"we
don't see that would be in the best interests of shareholders," Mr. Mott
says,
because the company figures it can earn more later by leaving much of its
gains
unrealized for now.

  Mr. Linsmeier of Michigan State compares the current situation for energy
traders with the accounting controversies that engulfed subprime automobile
and
residential lenders during the late 1990s, though he emphasizes it's too far
early to tell whether the consequences will be similar. Using so-called
gain-on-sale accounting (a form of mark-to-market accounting), those lenders
booked earnings from loans as soon as they were made, rather than having to
wait
for them to be paid off, as banks typically do.

  But as interest rates fell in 1998, many customers paid off their loans
earlier than expected, slashing lenders' profit margins. Compounding matters,
the market for mortgage-backed securities dried up in the wake of financial
chaos in Russia and other foreign markets, leaving lenders to bear the higher
risks of many new loans.

  Many investors complained they were blindsided, in part because these
lenders
generally hadn't disclosed their assumptions about prepayment rates and other
variables. After the crash, subprime lenders routinely began disclosing the
key
assumptions used to value their mortgage portfolios.

  At New York University, accounting professor Baruch Lev says investors
would
be better served if energy traders' financial filings explained the effects
of
hypothetical commodity-price movements on the values of their risk-management
assets, and disclosed the basic assumptions about future commodity-price
movements ingrained in their mathematical models. Says Mr. Lev, "I would like
to
see much more disclosure, particularly given that this is now becoming a
significant component of their earnings."

- - - - - - - - - - - -  Document Released on 2000-09-20 02:20:08.0 EST - - -
- - - - - - - - -


Colleen,

It is AGA day could we change the time?


I think it will have to sit with Smurfit in some way or  another.
I had just wanted to let you know what John had said.? I  would think you
would require more of a procedure than what he  mentioned.
:-)
Have a wonderful night.? I have a date.
Lynn
----- Original Message -----
From:  Kim.Ward@enron.com
To: Lynn  Bracken
Sent: Wednesday, February 14, 2001 4:58  PM
Subject: Re: Fw: recommendation

Matt is the one who told me about this and he found out  about it from John.
Today, we were able to dodge Socal's penalties because  of some flexibility
that we have.? Matt is currently assessing the  situation with regards to
penalties tomarrow.? We can buy intra-day  gas but it will be at a big
premium - and a cost to us.? I think that  we will need to include language
in our March contract to the effect that  if Smurfit doesn't schedule with
us and use a volume that is within Socal's  imposed tolerance level, we will
be able to pass the associated costs back  to Smurfit.

HOw do you think this will sit with  Smurfit?

Kim

"Lynn Bracken" <lbracken@summitenergy.com> on  02/14/2001 01:45:40 PM

Please respond to "Lynn Bracken" <lbracken@summitenergy.com>

To:??  <Kim.Ward@enron.com>
cc:
Subject:?  Fw: recommendation

----- Original Message -----
From:  Ewing, John
To: Lynn Bracken
Cc: Dunsmoor, Earl
Sent: Wednesday,  February 14, 2001 4:26 PM
Subject: RE:  recommendation

Lynn,

Matt at (713) 853-0472 was apprised as  soon as I? was that cogen was back
up and running.

Best  regards,
John? Ewing

-----Original Message-----
From: Lynn  Bracken [SMTP:lbracken@summitenergy.com]
Sent:?  Wednesday, February 14, 2001 3:27 PM
To: Ewing, John
Cc: Joanne?  Horalek
Subject: Re: recommendation

John

Talked to Kim Ward  at? Enron this afternoon to confirm pricing for rolling
the contract  forward. ? She expressed concern that there are specific
tolerances  that Enron has to abide? by or they will incur penalties. She
stated  that Enron contacted the LA? Vernon site today to see if you  were
running. They were told no, and she? said that later today that  changed
without notice to Enron.

This may have? been an  oversight today, but a concern when trying to move
forward with any?  marketer.
To eliminate the baseload requirements and Gas Daily  pricing? for swing
volumes, the plant has to be proactive in notifying  Enron of any
significant changes in usage. Otherwise, Enron will force the  penalties
back to SSCC.

Thank  you,
Lynn


Vince-

Here is the basic idea I was alluding to:

Suppose a car dealer promised to "match any advertised price." Then his
competitor would feel the need to respond in kind. And so on, until all
dealers advertised they would "match any advertised price." Now, consider one
of these dealer's decision to perhaps lower his prices. If he does so,
everyone will immediately match his price, so his market share will remain
unchanged, at whatever it was before, but his revenues (and all other dealers
as well) would be lowered by the amount of his price reduction. So, the
dealer rationally decides not to lower his prices to try to sell more cars.

Now, suppose a limited partnership, where the partners contract to "control"
who they are in business with, by putting a "right of first refusal" clause
into the partnership's papers, whereby any partner wishing to sell his
interests must offer the remaining partners the right to match any offer the
partner received from outside for his shares. Now, suppose you are an
outsider, considering doing your due diligence in the thought you might want
to buy into the partnership. You know if your offer is a "good" one from your
perspective, offering you the prospects of a fair rate of return, the
existing partners will match it, and you will get nothing in the deal but you
will have paid, from your own pocket, for your due diligence. Conversely, if
you offer too much for the shares, then the other partners will not match
your offer and you will then realize you overpaid. In neither case can you
credibly assume you know more about the business than do the current
partners. So, you (basically) don't make an offer.  So, a partner's shares
are seriously devalued by his partners having the right to match any offers
he receives for them. The "right of first refusal" clause precludes
economically efficient rebalancing of portfolios by rendering the shares
(essentially) illiquid.

Clayton


Andy,

We are in the process of finalizing the high level design for the Risk
Management Simulation and need your input on some details. Please focus on
the trader tasks; I have provided the structurer tasks FYI.  If you could
please provide your feedback by noon on Wednesday, it will help ensure that
the BRM Deal stays on schedule and on budget.

I have attached two documents:
1) Simulation Flow
   Depicts the flow of the learner's tasks through the simulation
   Provides context for the "Learner Tasks" document (see below)
   Please respond with any concerns or questions about the flow (For
   example,  tasks are out of order; two tasks are listed separately that
   should be combined, etc.)

2) Learner Tasks
   Provides a detailed description of each task the learner will complete
   Please answer the italicized questions in the document (the questions
   are written throughout the chart; a list of all the questions can be
   found at the end of the document)
   Please edit any points you would like to change (For example, a key
   learner decision is missing, we are giving the learner a piece of
   information that they should be calculating or gathering on their own,
   etc.)
   The easiest way to edit this document is to: 1) Detach the file from
   this e-mail and save it on your hard drive. 2) Open the document and
   track changes by selecting Tools/Track Changes/Highlight Changes; check
   all 3 check-boxes, and click OK. 3) Answer the questions and make any
   necessary edits 4) Attach the document to an e-mail and send it back to
   me

This is a critical week for our team; we need to finalize these details as
soon as possible in order to move on to detailed design. If you will be
unable to review these documents by Wednesday, please let me know when you
will be able to provide your input.

Thank you for your help. If you have any questions, you can reach me at
5-6676.
Mery

(See attached file: Simulation Flow.ppt)(See attached file: Learner
Tasks_Trader.doc)

This message is for the designated recipient only and may contain
privileged or confidential information.  If you have received it in error,
please notify the sender immediately and delete the original.  Any other
use of the email by you is prohibited.
 - Simulation Flow.ppt
 - Learner Tasks_Trader.doc


Greetings.  Will there be a call-in number?

Best,
Jeff


I just can't help myself!

 - DemBallot.gif


----- Forwarded by Richard B Sanders/HOU/ECT on 06/11/2001 10:50 AM -----

	"Fergus, Gary S." <GFergus@brobeck.com> 05/23/2001 07:04 PM 	   To: "Richard B. Sanders Esq. (E-mail)" <richard.b.sanders@enron.com>  cc:   Subject: FW: Summary Outline of our ongoing preservation discussions

FYI
Thanks
Gary

> -----Original Message-----
> From:	Fergus, Gary S.
> Sent:	Tuesday, May 08, 2001 1:37 PM
> To:	Andy Pickens (E-mail); Barrett H. Reasoner (E-mail); David J. Noonan
> (E-mail); Jean Frizzell (E-mail); Michael L. Kirby (E-mail); Michael
> Molland; Mike D. Smith (E-mail); Peter Meringolo; Richard B. Sanders Esq.
> (E-mail); Robert C. Williams (E-mail); Susan Bisop (E-mail)
> Subject:	FW: Summary Outline of our ongoing preservation discussions
> Importance:	High
>
> FYI
> Thanks
> Gary
>
> -----Original Message-----
> From:	Fergus, Gary S.
> Sent:	Wednesday, December 20, 2000 2:41 PM
> To:	'Richard Rochman (E-mail)'
> Subject:	Summary Outline of our ongoing preservation discussions
> Importance:	High
>
> Rich,
> 	As promised, here is my summary outline of what we discussed
> regarding preservation of data:
>
> 1.	In Portland, we proposed to handle business email related to the
> topics in your preservation letter by instructing employees not to delete
> any email sent or received for 24 hours.  Email that is personal and does
> not relate to the business topics you have identified can be kept,
> discarded etc. at the employee's pleasure.  Each day there is a backup
> made that will capture the email in those employees mailboxes.  After 24
> hours, each employee is free to manage their email box as they deem
> appropriate to the business needs (e.g. keep, discard).  From our
> conversation, I understand that you agree that this is an acceptable
> procedure.
>
> 2.	With respect to the hard drives on individual computers, you would
> like to get an organizational chart for Portland that would enable us to
> discuss 6-12 individual's computers that would be copied using ProQuest
> Drive Image Pro 4.0.  In addition, there may be some other individuals
> that you would like to have us use a software product called Robocopy to
> copy files from their hard drives onto the network.  Until we figure out
> which computers to copy etc. we will not begin this process.  We discussed
> that because of the holiday period, it may not be practical to get this
> started until after the new year.
>
> 3.	Outside of Portland, we have proposed making a snapshot backup along
> business function lines reasonably called for by the subject matter of
> your request.  We propose not to backup any other business units or
> functions.  On a going forward basis, those business functions that
> related to the subject matter of your request would be instructed not to
> delete business email.
>
> 4.	We believe that relevant database  backups have been and will
> continue to be made and preserved.
>
> 5.	When an employee runs out of hard disk space on their computer, it
> is an acceptable practice to copy files form their hard disk to the
> network (where they will be backed up) and then delete those copied files
> to make sufficient work space for the employee to work.
>
> 6.	For EES, I explained that their IT services are outsourced so we do
> not have as detailed information immediately available.
>
> As I mentioned on the phone, all of these discussions and efforts being
> made are done without waiving any objections that any of the Enron
> entities may have to your request including scope, burden, jurisdiction,
> relevance, privilege, privacy, vagueness etc. and Enron specifically
> reserves each and every right and objection it or its employees may have.
>
> Please let me know if your general understanding of our conversation is
> different than the above.
>
> Thanks
> Gary

=======================================================
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Prebon is right - this has been changed to 205.50.

Kate

Evelyn Metoyer@ENRON
02/27/2001 08:05 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Error Deal 531607

Chris Mallory
deal 531607
Prebon has price as $205.50 and we show price as $205...

Can you check with Chris.

Thanks


I have talked with Jeff Gossett, Leslie Reeves and Stacey White to let them know about the Saturday effort and the Sunday meeting.  They all will be in town this weekend and will be on call.    Their contact numbers are listed below:

					Home Phone			Cell Phone

	Jeff Gossett			281-358-7546*			713-825-6094		*Kingwood exchange -
														may be long distance
	Leslie Reeves		281-476-4408			713-907-6554

	Stacey White		281-894-0468			281-382-5215

	Sally Beck			281-370-8568			713-417-1591 or
										713-299-1436

(Kim Theriot reports to Leslie, so she will talk with Kim.  I don't have contact numbers for Kim.)


i'm so bored it's painful


we called you back but you weren't there.  Lets try to get together this afternoon.

 -----Original Message-----
From: 	Mims, Patrice L.
Sent:	Friday, November 02, 2001 10:19 AM
To:	Penman, Gregg; Tomaski, Richard
Subject:	Visit to Nipsco

Hey Handsome Fellas!!!!

I'm thinking about coming up  to visit Nipsco next week.  Let's talk about a PLAN!!!

Please call when you guys have time.


Steve,
Sean sent me message that he figured out the problem. He is a good man.
I shall check on the status of the transfer tomorrow.

Vince
--------------------------vince kaminski


I finished a spreadsheet for calculating historical correlations on forward curves. It gives the correlation matrix for contracts going out an arbritary number of months out. I think it might be a handy tool for some of you.

You may get that on O:\RESEARCH\CUSTOM\CORRELMATRIX\

It demands that you have access to our EGSPROD32 database. You must have that configured in your ODBC. It is a large spreadsheet, so it may take some computing resorces. Let me know if you find any problem.

Thanks.
Paulo Issler


Mark,

Can you commence the process for ETA's and PA's for Bermuda?

Please advise as to how long you think this may take - and if the cost to us
is likely to exceed $US 22,000

Thanks,

Dave
---------------------- Forwarded by David Forster/Corp/Enron on 07/17/2000
09:04 AM ---------------------------

Seth Hurwitz
07/17/2000 07:59 AM
To: David Forster/Corp/Enron@Enron
cc:

Subject: Bermuda

Dave, we'll pay the 15,000 pounds for the research on Bermuda law so that
Bermuda companies like Commercial Risk can transact on Enron OnLine.


I think that it is a great idea to compare recommendations for promotions.
Our meeting will take place on December 8th, so we can be ready to discuss
promotion recommendations as early as Monday, December 11.  When would be a
good time for you?

The invitation to attend our December 8th meeting still stands.  I know that
it is along way to come for a single meeting (although it will most likely be
a fully day), but if there are other things that you could accomplish while
here, it could be worth it.  --Sally

Mike Jordan
11/28/2000 08:48 AM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Re: Cross calibration for Operations people globally

Sally

This is great but you are right in that we probably do not have time to cross
calibrate for the full global population of Risk Ops - perhaps next year.
Also, from discussions with Fernley the higher grades will form part of Rick
Causey's PRC ranking process - so we are left with lower risk post that (
Fernley said he would forward his note to Rick to yourself ).

My remaining concern is that any promotions, particularly in the risk group,
which are not matched across Houston/London or indeed between EGM London and
EEL London may create people risk. Can I suggest we compare promotions from
senior specialist ( up to manager ) upwards ?

Hope everything is going well

Mike

	Enron Capital & Trade Resources Corp.

	From:  Sally Beck                           27/11/2000 20:08

To: Mike Jordan/LON/ECT@ECT
cc:

Subject: Re: Cross calibration for Operations people globally

I have attached a listing of planned PRC meetings for Operations that will be
held in Houston.  There will be a number of pre-review meetings that will be
held over the next two weeks in preparation for an Energy Operations PRC
meeting to be held on Friday, December 8th.  The pre-meetings are necessary
due to the sheer size of the groups.  (In addition to the meetings detailed
in this schedule, Brent's team in EGM is having pre-meetings as well.)

The December 8th meeting will include all operations personnel from ENA, EGM
and EIM.  We will review the results from the pre-review meetings for Senior
Specialists and below.  I have asked that the results from the pre-review
meetings mirror the "preferred distribution", which as you probably know
suggests that 15% of the population will not receive a bonus and should
therefore be in the bottom two categories.  Assuming that appropriate work
has been done at the pre-review meetings, this review on the 8th should not
be too lengthy.  We will take considerably more time as we review the
managers, who will have been pre-ranked as well.  This will give us a good
jumping off point for the cross calibration discussions.  We will then review
and rank the directors and senior directors.  We will also be discussing
suggested promotions during this meeting as well.  Finally, assuming that I
still have David Oxley and Wes Colwell captive and attentive, I will discuss
my suggested rankings for the three VP's who report to me.  (We will of
course pare down the list of attendees as we move up the ladder on levels
that we are reviewing -- initial make up of the December 8th PRC is me and my
direct reports within ENA, Brent and his direct reports within EGM and Brenda
Herod from EIM.)  I have also extended an invitation to Louise Kitchen to
attend the December 8th meeting.  I do not know yet if she will attend.

Do you have some suggestions for cross-calibrating on a global basis this
year?  I think that next year we can put some plans in place early in the
year to help facilitate this.  Would you like to attend the meeting here in
Houston on December 8th?  Is there a planned meeting in London that would
make sense for me to attend?  Let me know your thoughts.

    -Sally

Mike Jordan
11/24/2000 04:28 AM
To: Sally Beck/HOU/ECT@ECT
cc: Fernley Dyson/LON/ECT@ECT
Subject: Cross calibration for Operations people globally

Sally

I have been speaking to Cindy Horn ( works for Scott here in London ) about
checking ratings / promotions across the two groups in London ( EGM and EEL )
which raised concerns that this might duplicate some work done on cross
calibration done by yourself. Can I ask what are the plans?


Since there will be no Mark Report today (due to the fact I need to catch a plane), The AGA number today was an injection of 15 BCF, with a revision from last week of +10 BCF to bring the total storage to 3.132 TCF or 484 BCF above last year and 313 BCF above the 5 yr average.

Have a great Thanksgiving! See ya Monday!

Mark D. Smith
Manager
Enron North America
713-853-6601
Mark.Smith@enron.com


Shirley,

Please, forward this info to John Sherriff in London on my behalf. Make sure
the entire body of the message is included.

Vince
**********************************************************

John,

I am sending you a proposed draft of the announcement about Steve Leppard.
Sorry for the delay.

When I was leaving London, the question of reporting lines was still
unresolved. It wasn't  decided if Steve would report to Richard Lewis
directly or  to structuring. Steve's preference was reporting to Richard
Lewis. This issue was to be resolved between you and Richard (based on the
last conversation I had with Richard). The 2nd reporting line is to me.
The draft is below.

Vince

&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&

The Enron Europe Research group has experienced rapid growth over the last
year as it has become clear that there are tremendous opportunities to
utilize their unique quantitative skills in supporting both new and ongoing
business efforts in the London offices.  Because of this, we are appointing
a group leader with the view to leveraging the group better across the many
business areas in Enron Europe which are benefiting from research support.

Effective   immediately,   Steven  Leppard  will  take  responsibility  for
spearheading  research  efforts  in  London  and  managing the London based
research  team.   Steve  joined  Enron  in early 1999 and has distinguished
himself   through   his   many  contributions  including  analysis  of  the
"Supergoal"  scheduling  system  and development of a diagrammatic approach
for  real  options  analysis.  He holds a PhD. in Mathematical Physics from
Kings  College  London  and  an honours degree in Mathematics from Imperial
College.   Steve is also a black-belt level instructor in Kungfu.

Please join us in congratulating Steve on his new responsibilities.


Start Date: 3/2/01; HourAhead hour: 18;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030218.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 18 / Preferred:  29.00 / Final:  26.60)
  TRANS_TYPE: FINAL
  SC_ID: ARCO
  MKT_TYPE: 2
  TRANS_DATE: 3/2/01
  UNIT_ID: CARBGN_6_UNIT 1

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 18 / Preferred:  75.00 / Final:  73.80)
  TRANS_TYPE: FINAL
  SC_ID: ECTstNW
  MKT_TYPE: 2
  TRANS_DATE: 3/2/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: CISO_EPMI_3000
  ENGY_TYPE: FIRM
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 18 / Preferred:  75.00 / Final:  73.77)
  TRANS_TYPE: FINAL
  SC_ID: ECTltNW
  MKT_TYPE: 2
  TRANS_DATE: 3/2/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: CISO_EPMI_6000
  ENGY_TYPE: FIRM


----- Forwarded by Richard B Sanders/HOU/ECT on 11/30/2000 09:25 AM -----

	Elizabeth Sager
	10/30/2000 03:05 PM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc:
		 Subject: Vernon

fyi
----- Forwarded by Elizabeth Sager/HOU/ECT on 10/30/2000 03:04 PM -----

	Christian Yoder
	10/30/2000 02:57 PM

		 To: Elizabeth Sager/HOU/ECT@ECT
		 cc:
		 Subject: Vernon

Here are the values of the Vernon transactions.  ----cgy
---------------------- Forwarded by Christian Yoder/HOU/ECT on 10/30/2000
12:46 PM ---------------------------
From: Kim Ward on 10/27/2000 04:09 PM
To: Christian Yoder/HOU/ECT@ECT
cc: Timothy Osting, Matt Motley/PDX/ECT@ECT
Subject: Vernon

Christian,

As you requested, here are the current values of trades involving Vernon:

1)  $ value of killed 10 yr transaction = $13,300,000

2)  $ value of all other deals with Vernon = ($5,800,000)

3)  $ value of killed deal for 1st year = $1,300,000

Let me know if you have any questions or need additional information.

Thanks,

Kim Ward


A Microsoft Outlook delivery problem with certain users may have occurred
yesterday when the day's EOL approvals were sent.  If you did NOT receive
yesterday's approval spreadsheet, please let me know and I'll re-send.  These
approvals are also available on the credit common drive at
O:\credit\online\approvals\2001-04\EOL 04-11-01.  Thanks.

Walter


In order to bring better legal coordination and standardization to Enron's Risk Assessment and Control (RAC) group, we have formed a new legal group, which will initially include Lisa Mellencamp (Finance), Marcus Nettelton (Power Trading), Carol St. Clair (Broadband/Power Trading), Mary Cook (Financial Swaps), Peter Keohane (Canada), Ed Essandoh (Retail), Paul Darmitzel (Retail) and Elizabeth Sager (Power Trading) (Team Leader).  This group will focus on, among other things, managing Enron's exposures with bankrupt counterparties, working out credit solutions with distressed counterparties and standardizing our overall credit practices.  The initial members in this group have been drawn from Enron's numerous legal groups in order to gain a broader perspective.   Each of these members will provide support to this new group in addition to their current responsibilities.

	Within RAC, Michael Tribolet will focus on distressed counterparties, in conjunction with Bill Bradford, who continues to manage the Credit Risk Management group.

	Please join us in supporting the efforts of this new group.


Professor Titman:
I received an e-mail from Meg Brooks in the admissions office stating that I
would be hearing from them this week.  I hope things work out and I can be
contributing to and learning from the program next year.  Thanks again for
all your help.  Hope to hear from you soon.
Ben


Here is the presentation with the different product structures.  Let me know
of any changes or additions.  Thanks
Ben
3-7998


------------------------------------------------------------------------------
------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

November 17, 2000 5:00pm through November 20, 2000 12:00am
------------------------------------------------------------------------------
------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: SEE ORIGINAL REPORT

EI: SEE ORIGINAL REPORT

ENRON NORTH AMERICAN LANS:  No Scheduled Outages.

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

LOTUS NOTES: No Scheduled Outages.

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS: SEE ORIGINAL REPORT

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY: No Scheduled Outages

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:
Impact:  CORP
Time:  Sat 11/18/2000 at  6:00:00 PM CT thru Sun 11/19/2000 at  8:00:00 AM CT
 Sat 11/18/2000 at  4:00:00 PM PT thru Sun 11/19/2000 at  6:00:00 AM PT
 Sun 11/19/2000 at  12:00:00 AM London thru Sun 11/19/2000 at  2:00:00 PM
London
Outage:  Unify
Environments Impacted:  Unify Users
Purpose: Rebuilding all the indexes and changing the number of partitions for
better performance
Backout: Restore from Backup
Contact(s):  William Mallary  713-345-3485
------------------------------------------------------------------------------
-------------------------------------------------------
FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center
(713) 853-5536   Information Risk Management

Specific Applications Help:
Unify On-Call      (713) 284-3757  [Pager]
Sitara On-Call     (713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS   (713) 639-9726  [Pager]
OSS/UA4/TARP    (713) 285-3165  [Pager]
CPR      (713) 284-4175  [Pager]
EDI Support      (713) 327-3893  [Pager]
All Other Systems    (713) 563-5797  [Pager]
      or (713) 563-5987  [Pager]


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 03/27/2000
03:13 PM ---------------------------

Royal_B_Edmondson@reliantenergy.com on 03/27/2000 02:48:50 PM
To: ami_Chokshi@enron.com
cc:

Subject: April 1st noms...

(See attached file: HPL-Apr.xls)
 - HPL-Apr.xls


Effective immediately,   we need to make every effort to avoid buying Malin
P/X energy,   bouncing   this energy off of a NW control area  and sending
back in the ISO to cover our load in NP.   We now have the ability to adjust
bid an SC purchase in NP with the PX.   This allows us to adjust bid to our
load in NP15,  effectively limiting our expense risk to cover load

Leaf Harasin has created a procedure for this process.     Jesse Bryson has
been working on this project as well.

It is important to note that we are experiencing some difficulty with the P/X
as they are not entirely comfortable with this process yet.
Additionally,  we are having some internal software difficulty managing this
new feature.    See David Poston or call Pete Davis for support,  as usual.

Thanks,

JMF


Tana:  I think the agreement is listed in Section 1 (all agreements) which is
not just Master Swap Agreements.  It is also listed in the approprate Section
13 entry.
Hope you're enjoying Canada!

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

	Tana Jones
	03/14/2001 04:26 PM

		 To: Samantha Boyd/NA/Enron@Enron, Cheryl Nelson/NA/Enron@Enron
		 cc: (bcc: Sara Shackleton/HOU/ECT)
		 Subject: JP Morgan Securities Inc. (Electronic Order)

The above counterparty has been created in the Financial Trading Agreements
Database and is listed as a master swap agreement, and it's not.  It is an
Electronic Trading Agreement and needs to be moved down to "Other
Agreements".  Please let me know when that is done and I will delete the
entry in  the master swap agreement database.  Thanks!


maine impossible to get to ..    next idea?


You have received this email because you are listed as a security approver.
Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000008858&Page=
Approval to review and act upon this request.

Request ID          : 000000000008858
Request Create Date : 12/1/00 10:12:27 AM
Requested For       : priya.jaisinghani@enron.com
Resource Name       : EOL US Backoffice  Data Manager
Resource Type       : Applications


For the past two production months I have had rate issues with Oasis.  I just talked with Marilyn Gilliam and suggested that Natalie Baker be put on a distribution list so Natalie can work on the rates during the month instead of me coming down at the end of the month and needing rates fixed.  I was informed by Marilyn that we were not sending rates to Oasis and that we should be doing this which would help prevent rate discrepancies at the end of the month.

Mike--if you have any questions about sending the rates to Oasis, you can contact Paul McPheeters at Oasis and he can assist you.

Natalie--this is just an FYI.

Stephen R. Swisher
Specialist, Energy Operations
Enron Net Works, LLC
Phone:  713-345-3042
Fax:  713-345-7701
Email:  stephen.swisher@enron.com