The New Options Model meeting will be held in EB3125b.
---------------------- Forwarded by Tamara Jae Black/HOU/ECT on 05/22/2001
04:34 PM ---------------------------

Tamara Jae Black
05/22/2001 04:21 PM
To: Rudy Acevedo/HOU/ECT@ECT, Diana Allen/Enron@EnronXGate, Russell
Ballato/NA/Enron@Enron, Ted Ballinger/Enron@EnronXGate, Don
Baughman/HOU/ECT@ECT, Edward D Baughman/Enron@EnronXGate, Corry
Bentley/HOU/ECT@ECT, Robert Benson/Corp/Enron@ENRON, Tamara Jae
Black/HOU/ECT@ECT, Lisa Burnett/Corp/Enron@Enron, Paul J
Broderick/HOU/ECT@ECT, Richard Broussard/Corp/Enron@Enron, Larry F
Campbell/NA/Enron@Enron, Mike Carson/Corp/Enron@Enron, Jason
Choate/Corp/Enron@ENRON, Kevin Cline/Enron@EnronXGate, Terri
Clynes/Enron@EnronXGate, Keith Comeaux/Corp/Enron@Enron, Karla
Compean/Enron@EnronXGate, Kayne Coulter/HOU/ECT@ECT, Oscar
Dalton/Enron@EnronXGate, Mark Dana Davis/HOU/ECT@ECT, Clint
Dean/Corp/Enron@Enron, George Diaz/Corp/Enron@ENRON, Chris
Dorland/HOU/ECT@ECT, Joe Errigo/Corp/Enron@Enron, Miguel L
Garcia/NA/Enron@ENRON, Gerald Gilbert/HOU/ECT@ECT, Doug
Gilbert-Smith/Corp/Enron@ENRON, Gautam Gupta/HOU/ECT@ECT, Patrick
Hanse/HOU/ECT@ECT, Juan Hernandez/Corp/Enron@ENRON, Rogers
Herndon/HOU/ECT@ect, Jim Homco/HOU/ECT@ECT, Rika Imai/Enron@EnronXGate, Larry
Jester/Enron@EnronXGate, Gary Justice/Enron@EnronXGate, Mike E
Kelly/Enron@EnronXGate, Grace Kim/Enron@EnronXGate, Jeff
King/Corp/Enron@Enron, John Kinser/HOU/ECT@ECT, Madhup
Kumar/Enron@EnronXGate, Dean Laurent/HOU/ECT@ECT, Justin
Laverell/Corp/Enron@ENRON, Chris Lenartowicz/Corp/Enron@ENRON, Matt
Lorenz/HOU/ECT@ECT, Gretchen Lotz/HOU/ECT@ECT, Peter Makkai/NA/Enron@Enron,
Tom May/Corp/Enron@Enron, Doug Miller/Corp/Enron@Enron, Jeffrey
Miller/NA/Enron@Enron, Narsimha Misra/NA/Enron@Enron, Christi L
Nicolay/HOU/ECT@ECT, Steve Olinde/Corp/Enron@Enron, Andy
Pace/Enron@EnronXGate, Juan Padron/NA/Enron@Enron, Laura
Podurgiel/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Joe Quenet/NA/Enron@Enron,
David Ryan/Enron@EnronXGate, Eric Saibi/Corp/Enron@ENRON, Anna
Santucci/Enron@EnronXGate, sscott3@enron.com, Erik Serio/Corp/Enron@Enron,
Doug Sewell/Enron@EnronXGate, Lisa Shoemake/Enron@EnronXGate, Robert
Stalford/NA/Enron@Enron, Chad Starnes/Corp/Enron@Enron, Joe
Stepenovitch/Corp/Enron@Enron, Mark Symms/Enron@EnronXGate, Ramanarao
Tamma/Enron@EnronXGate, Garrett Tripp/TOR/ECT@ECT, Larry
Valderrama/Enron@EnronXGate, Maria Valdes/Corp/Enron@Enron, Joseph
Wagner/NA/Enron@Enron, Christopher Watts/NA/Enron@Enron, Lloyd
Will/HOU/ECT@ECT, Smith L Day/HOU/ECT@ECT, John M Forney/NA/Enron@Enron, Andy
Rodriquez/Enron@EnronXGate, Claudia Guerra/Enron@EnronXGate, Benjamin
Rogers/HOU/ECT@ECT, Clayton Vernon/Enron@EnronXGate, Fletcher J
Sturm/HOU/ECT@ECT, Mauricio Trejo/Enron@EnronXGate, Dustin
Collins/HOU/ECT@ECT, William Abler/Enron@EnronXGate, Steve
Wang/Enron@EnronXGate
cc:
Subject: New Options Model

---------------------- Forwarded by Tamara Jae Black/HOU/ECT on 05/22/2001
04:18 PM ---------------------------
From: Steve Wang/ENRON@enronXgate on 05/22/2001 04:17 PM
To: Tamara Jae Black/HOU/ECT@ECT
cc:
Subject: New Options Model

Meeting on May 30 at 3:30pm regarding the new Option Model we (Steve Wang,
Harry Arora, and Rob Stalford) use to make markets.  The old structuring
model was created for marketer to give indicative pricing.  I have created
this model especially for option market making.  As market makers we found
the old model too slow as we are often making bid/offers in more than five
strikes in more than five different months.  This model allows us to make our
markets quicker and identify mispricings in the market before our
competitors.  This is not to replace the old structuring model.  It is only a
complement that will give everyone a better picture of where options are
trading and where bid/offers are.  We will publish these prices weekly and
will eventually have them on a daily basis.

You will need special permission to access the files located in
M:\power2\Options.  Let me know if you want access to this folder.  The
following people already have access:

Ahn, Christopher
Ballato, Russell
Baughman, Ed
Benson, Rob
Broderick, Paul
Carson, Mike
Clynes, Terri
Curry, Mike
Dalton, Oscar
Davis, Dana
Dean, Clint
Dorland, Chris
Forney, John
Gilbert-Smith, Doug
Gupta, Gautam
Jester, Larry
Kelly, Michael
King, Jeff
Lorenz, Matt
Presto, Kevin
Quenet, Joe
Scheuer, Janelle
Sewell, Robert (Doug)
Sturm, Fletch
Tingleaf, Drew
Valderrama, Larry
Valdes, Maria
Wheeler, Raymond

Thanks
Steve Wang


- Response to DSI Motion for Evidentiary Hearing.doc


Angela,

Here are some more historicals for socal (I didn't realize we had these
additional years).  They are in ADDITION to those already loaded.  Thanks.

Mat


As a member company of the Equal Employment Advisory Council (EEAC), we
periodically receive information about various employment related issues.
There was an update published on 12/1 concerning the EU Data Protection
Directive that you may find of interest.  This document also references
websites that have additional information.  Feel free to pass this on to
others that may find it useful.

00-214 EU Data Protection Directive Update: U.S. Commerce Department Posts
Safe Harbor Workbook To Help Employers Understand Compliance Obligations
(December 1, 2000)


The Buzz  Wednesday, September 20, 2000

In The Buzz this week:

San Diego Customers Seeking Lower Prices Choose EES: San Diego continues to
be a hotbed for EES National Energy Sales. At one point last week, an EES
representative closed four deals in one day. Conditions in the area are very
favorable for commodity sales, as prices for power remain volatile in San
Diego and consumers are eager to better manage their energy costs.
Facilitating efforts in San Diego are ready-to-use products from EES Market
Development ( including a matrix of executable prices and a ready-to-use
contract) that assist in the closure. See link to Deal Central:
http://inet.ees.enron.com/vision/comm/dealcentral/

Enron Included in Fortune,s All-Star List of Global Most Admired Companies:
In the upcoming October 2 issue of Fortune magazine, Enron for the first time
has been named to Fortune,s list of most admired companies in the world.
Fortune,s third annual list of &Global Most Admired Companies8 consists of
379 companies in 27 industries all over the world. Of those, the top 25 were
selected as &all stars8 for being the best on a global scale at demonstrating
a new-economy-style growth strategy while maintaining an old-economy approach
to fiscal responsibility. Enron came in at 25. Criteria used in compiling the
rankings focused on nine attributes: quality of management; quality of
products and services; innovativeness; long-term investment value; financial
soundness; ability to attract, develop, and retain talent; community
responsibility; use of corporate assets; and global business acumen. The
Fortune article singled out Enron, stating that &no company illustrates the
transformative power of innovation more dramatically than Enron.8 Click on
link to read entire article and check out other companies on the list:
http://www.fortune.com/fortune/globaladmired/

Ken Lay Speaks at IOGCC Conference: At a conference held by the Interstate
Oil and Gas Compact Commission (IOGCC), Enron Chairman and CEO Ken Lay called
for regulators to allow the competitive natural gas market to continue to
offer solutions in reducing consumer exposure to rising prices. Lay warned
officials against overreacting to the recent run-up in prices and urged them
to encourage utilities to take advantage of opportunities to protect
consumers against price volatility. Lay also extolled the merits of
deregulation, pointing to the fact that &the natural gas market has delivered
more than $174 billion in savings to consumers since the market was opened to
competition in 1984.8 Lay also urged government officials to consider lifting
access restrictions to develop new gas supplies to meet the growing
electricity generation demand of the digital economy.

Opportunities for Energy Providers Wide-Open in the Supermarket Sector: A
recent Store and Equipment Design survey of supermarket operators reveals
that most retailers are not yet taking advantage of electricity deregulation.
It was noted that the typical survey respondent has stores in six deregulated
states, yet on average has changed energy suppliers in only two states. The
survey cited several reasons for this, including the fact that many retailers
find the process of bidding out energy procurement, comparing rates and
switching to be overwhelming. Some of the retailers who have considered
switching energy suppliers decided it would be too complicated to manage. In
addition, many retailers reported that the fees charged by utilities to
transport electricity from another power supplier eat up any savings that
retailers might realize.

According to the survey, when retailers have issued RFPs (request for
proposals) for energy commodity or outsourcing, on average, only three
proposals were received. Nonetheless, of those switching suppliers, 69
percent cited price as the number one reason for switching, while 28 percent
cited service. The survey reported that the majority of retailers are hopeful
that deregulation will have a positive effect on their energy bills in the
future. Click on link to read entire article (hit &zoom-in8 tool*looks like a
little magnifying glass*on above tool bar for clearer text image):
http://inet.ees.enron.com/vision/comm/media/article.pdf

Wisconsin and Other States Slow Their Deregulation Process: An article in New
York Times that also ran in the Houston Chronicle discusses how a number of
states, such as Wisconsin, are adopting a &go-slow8 approach to deregulation,
so as to avoid the mistakes California has made. Initially, Wisconsin pushed
for state regulators to give up immediate control over the production and
pricing of electricity. However, as a result of a 1997 power shortage and the
developments in California, Wisconsin has decided to first build in an extra
margin of reliable power to fully meet the state,s growing electricity
demand. According to the article, most experts agree that a system where
power generators compete openly to provide electricity at market prices still
offers the best prospect of lower costs for business and consumers and higher
profits for utilities than is possible under the traditional system of
monopoly suppliers supervised by government regulators.

A Big Thank You to Those Who Participated in Day of Caring: Eighty-five EES
employees volunteered for the Day of Caring this past Friday. Volunteers took
up such activities as painting and landscaping at the DePelchin Children's
Center, which provides adoption and family services and offers more family
support programs for children, teenagers, and parents than any other
organization in Houston. Marty Sunde led an energetic team of Risk Management
employees in painting the gymnasium. Thank you to everyone who gave their
time for this effort. Click on link to check out photo of some of the
volunteers: http://inet.ees.enron.com/vision/comm/buzz/images/groupshot.jpg

Brown Bag Presentation Next Wednesday: Don,t miss the Brown Bag presentation
of Dan Leff, President and CEO Global Energy Services next Wednesday,
September 27 at 11:30 in EB5C2. Dan,s topic will focus on EES,s efforts to
profitably deliver on commitments, build strong customer relationships, and
create incremental value in existing contracts. Click on link for more
details:
http://inet.ees.enron.com/vision/comm/brownbag/details/00sept27.html

Wired Households Ready for Networking, Smart Appliances and New Services: Now
that a majority of U.S. homes have computers and Internet access, a new
national survey finds that consumers are ready to take the next step*namely,
linking their electronic devices together in home-based networks and using
their computers to communicate with appliances and energy control systems.
This spells opportunity for computer and major appliance manufacturers, who
are preparing to launch new &thinking8 devices during the fall shopping
season. Likewise, energy service providers have a business opportunity
through the adoption of power line communications applications to deliver
additional services to customers.


These two deals do not have contacts but are coded to be confirmed.  Can you
check and see if she does want them to be confirmed and if so, please add
contacts.

We are still planning on confirming the daily deals in the west, but we have
run into system problems so we have pushed the start date back a little.
I'll let you know when we have a definite date.

Thanks!


In order to better align our engineering and operations capabilities with the
commercial businesses they support, we are pleased to announce the following
organizational change will be effective immediately.  A new business unit,
Enron Engineering and Operational Services (EEOS), is being formed which will
include our existing operations in Enron Engineering and Construction Company
(EE&CC), Operational Energy Corporation (OEC), and National Energy Production
Corporation (NEPCO).

Brian Stanley, as President and Chief Executive Officer, and Keith Dodson, as
Chief Operating Officer will provide the leadership for this new
organization, reporting to the Office of the Chairman of Enron Wholesale
Services.  NEPCO will continue to operate as a stand-alone business under
John Gillis, President.

With the majority of EE&CC and OEC,s activities focused on assets and
projects which are in Wholesale Services, this will better align the efforts
of EEOS with the commercial businesses it supports.  While EEOS will be a
stand-alone unit within Enron Wholesale Services it will work very closely
with and have direct accountability to the business units it supports.

This realignment also centralizes our engineering and operations capabilities
in a single business segment and should ensure that innovation and best
practices are shared and implemented across our many operations and will also
allow for better identification of priorities and more effective allocation
of resources to these projects.  Consistent with this approach, Development
Engineering will have dual reporting to both EEOS and the business units
which they support.

With an extensive and varied portfolio of assets around the world and a wide
variety of new development opportunities available to Enron, it is critical
that we continue to maintain the best in class capability to design,
construct, commission, and effectively manage and operate Enron,s assets on a
global basis.

This new global business unit should insure that we will continue to enhance
these demonstrated capabilities and provide us with a sustainable advantage
as we advance our business strategy around the world.

Please join us in congratulating Brian and Keith on their new assignments.

Mark Frevert & Dave Delainey


We have received the executed EEI agreement from the referenced CP dated
12/30/00.  Copies will be distributed to Legal and Credit.


TECHNOLOGY FOR ALL UPDATE FOR OCTOBER, 2000

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

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

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

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

LINCT COALITION "LEARN AND EARN" PROGRAM TO EMPOWER

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

ASIA FOUNDATION RELATIONSHIP BEING DEVELOPED

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

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

ROSEMARIE FOSTER TO JOIN TFA AS ADMINISTRATIVE ASSISTANT

DISCUSSIONS WITH INTERNET POLICY INSTITUTE

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Thanks for your support!

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

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

713.316.5750
Direct 713.316.5761
FAX 713.316.5790
Cell 713.806.1622

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


Enron Europe has decided to pursue this claim. How involved would you like me
to be?
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 12/05/99
01:44 PM ---------------------------

Jon Chapman
11/10/99 09:50 AM
To: Mark Frevert/LON/ECT@ECT, Danny McCarty/LON/ECT@ECT, John
Sherriff/LON/ECT@ECT
cc: Matthew Scrimshaw/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT
Subject: Warranty claim by Enron Teesside Operations Limited against ICI
Chemicals & Polymers Limited ("ICI")

PRIVILEGED ATTORNEY - CLIENT COMMUNICATION  : CONFIDENTIAL

Mark / Dan / John

As you are aware , earlier this year , we served formal notices of two
potential warranty claims ( re. the Halochems. closure and the DuPont reduced
steam-take ) on ICI , as required by the Sale of Business Agreement . We have
subsequently prepared a detailed draft analysis and costing of our claims
(the "Particulars of Claim") which has been served on ICI's lawyers , Herbert
Smith . They have come back with some requests for supporting documentation
which we are currently dealing with.

The Sale of Business Agreement requires us , unless ICI agree to settle which
seems highly unlikely at this stage , to issue formal court proceedings
against ICI before 21 November in respect of the Halochems. claim and before
17 December in respect of DuPont  . We wish to deal with the two claims
together and , accordingly , it is proposed that we issue proceedings , at
latest , on 16 November . Issue puts us into a formal procedural timetable .
ICI would have 14 days to reply indicating whether they wish to defend and a
further 14 days to issue a defence , though this period is generally capable
of being extended by a further 28 days . The process of discovery , whereby
each side has the opportunity to examine relevant documentation in the
possession of the other , would probably begin after 3 months or so . If we
were to go to full trial , this could be in the second half of next year .

If we don't issue proceedings before the relevant dates , we lose the right
to bring the relevant claim completely unless ICI has waived the requirement
that we issue proceedings by these dates , which they have shown no
inclination to do.The downside of issuing proceedings is that , whilst we are
entitled to withdraw them at any stage if we decide not to proceed with the
claims , we would then be liable for much of ICI's legal costs from the date
of issue to the date of withdrawal .  Our lawyers' view  is that , were we to
go to full trial and lose , the potential aggregate liability for ETOL's
legal costs and ICI's legal costs would be between o1 million and o1.5
million (our current costs are around o70 , 000 ).

In terms of the chances of success of our claims were we to go to full trial
, I believe  , and am advised , that the DuPont reduced steam-take claim is
more likely to succeed than the Halochems. shutdown claim . Given the legal
complexities of contractual warranty claims , I do not think it would be wise
, at this stage , to be overly confident of success at full trial . However ,
there is certainly , in my view , good potential for achieving a settlement
with ICI which may involve more than simply a cash payment (eg restructuring
of key contracts , land deals etc. ) .We do know that , as a matter of
practice , ICI ignore potential claims unless proceedings have been issued .
Issue of proceedings should , thus , be viewed primarily , at this stage , as
a necessary means of getting ICI to the negotiating table . Their costs will
not ramp up significantly until discovery starts , so we should be ready to
monitor closely and constantly our prospects in the litigation as against our
potential exposure should we withdraw or lose .

On the basis of the above , I would recommend that proceedings are issued
against ICI and would very much welcome your views or comments on this.

Regards.

Jon


We are going to use our contract for the 3 month deal, so what you have given
me is fine for that.  For the longer term deal, they want to start with their
contract.  So, please review it over the next few weeks to be ready for their
next deal starting Feb 1.

Thanks

Chris

Dan J Hyvl
10/30/2000 07:55 AM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: Smurfit Stone Containerboard 3 month extension attached

Chris,
 The above document is the November 17, 1999 document which has been changed
to a 3 month deal with the price change you specified.  I have received the
copy of the type of contract that they would like us to use.  I note that we
will have to make a lot of changes which is probably not warranted for a 3
month deal.  If you want us to consider using their form for a long term
deal, I will start making the necessary changes and send you back a red-lined
single transaction contract.  Will the long term deal have the same terms as
our last long term deal except for price?


Just a note to always remember to check "ERMS", we are frequently amending or
updating and replacing old ERMS masters with ISDAs and ERMS should always be
added as a company when you prepare the legal credit list.  Thanks.


Attached please find the referenced list.  On the amended counterparties,
Southwestern Public Service Company is the only one with a change, with Enron
sells power only, and on the only new counterparty, Minnesota Power, we've
got Enron selling power only also.  Again, no European power for U.S.
counterparties until further notice.


Tana,

In the absence of James Allred at B of A, I have a contact name for you there
who will pass on the docs to the relevant lawyer. I have stressed the urgency
of processing & getting them signed ASAP, preferably by Friday. Richard Stein
at B of A has assured me that they will provide a speedy response! If they
don't respond by late Wednesday pm please let me know.

Richard Stein
Tel: 713 651 4850
Fax: 713 651 4807

Many thanks,

Soma
---------------------- Forwarded by Soma Ghosh/HOU/ECT on 12/12/2000 03:54 PM
---------------------------

Soma Ghosh
12/06/2000 05:37 PM
To: Sara Shackleton/HOU/ECT@ECT
cc: Tanya Rohauer/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Wendi
LeBrocq/Corp/Enron@Enron
Subject: Bank of America Credit Support Annexe

Sara,

With respect to the amendment to the B of A ISDA Credit Support Annexe, the
contact at B of A is James Allred (MD Energy Finance Group & Credit
Products). He will pass the docs onto the relevant lawyer.

Tel: 713 651 4830
Fax: 713 651 4841
james.r.allred@bankofamerica.com

As you suggested, I have spoken with Tanya re. the Credit Support Annexe, &
she will be sending you a worksheet.

I have left messages with Teresa re. Mahonia docs. I would be grateful if you
would speak with her so that we have consistency in the Chase & Mahonia
contracts.

Please give me a call if you need anything else.

Man y thanks,

Soma


BUSINESS HIGHLIGHTS

Enron Industrial Markets
The Transaction Development group (TD) is responsible for corporate development, transaction execution and portfolio management activities within EIM.  TD is responsible for asset and corporate acquisitions to support EIM's efforts in the Forest Products and Steel industries.  TD works with EIM's Forest Products and Steel Origination groups to structure and execute complex transactions for EIM's customers.  TD also manages EIM's equity investments, such as EIM's ownership position in Papier Masson, Ltee, a paper mill in Quebec, Canada.

TD is comprised of approximately 20 professionals with a wide range of backgrounds including investment banking, commercial banking, management consulting, law, project development, accounting and engineering.  In addition, the majority of the analysts and associates within EIM work in TD since it provides a strong base of deal experience for junior members of our organization.

Enron Freight Markets
Enron Freight Markets has continued to expand the transportation services offered to its customers and completed several flatbed truck moves outbound from Georgia this week.  There was a shortage of flatbed equipment supply in this market and EFM was able to obtain more than three times the normal margin on each move.

IN THE NEWS

"Enron's bilateral internet trading platform, EnronOnline, was launched in November 1999 and is the largest e-commerce site on the planet based on the value of its transactions.  As EPRM went to press, it had average daily trading volume of $3.5 billion, accounting for nearly 50% of the company's revenues from wholesale marketing activities." -- Energy Power Risk Management, May 2001

WELCOME
New Hires
EIM   - Cheryl Lindeman
ENA  - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale, Sarah Wooddy

Transfers (to or within)
ENA - Grace Taylor, Steven Irvin, Dina Snow

NUGGETS & NOTES

Enron is hosting the Chicago Energy Risk Management Seminar at The Drake Hotel in Chicago on June 14, 2001.  Topics include: Power Outlook, Natural Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper Risk Management. The RSVP deadline is June 8th so please contact Laura Pena as soon as possible at x 3-5376.  This is a great event for "new" as well as established customers.  There will be a cocktail reception immediately after the presentations.  Enron will also be hosting seminars in Atlanta, Houston, Denver and San Francisco.  Dates to be announced soon.

Travel tip of the week:
Flights reserved through Travel Agency in the Park provide you with $150,000 of flight insurance at no additional charge.

EnronOnline Statistics
Below are the latest figures for EnronOnline as of May 29, 2001.

*	Total Life to Date Transactions >  1,015,000
*	Life to Date Notional Value of Transactions > $610 billion

NEWS FROM THE GLOBAL FLASH

Enron arranges first gas pipeline import into Italy
Enron has continued its pioneering activities in the Continental gas market by arranging the first gas import into Italy.  The Italian team worked with the Continental Gas desk to arrange this strategically important agreement with Blugas SpA., the wholesale gas company formed by the municipalities of Cremona, Lodi, Mantova and Pavia in north-eastern Italy.  Enron has sourced 100,000 cubic metres per day of natural gas from northern Europe to transport to Italy, transiting it through Germany and Switzerland, despite fierce resistance from Ruhrgas and TransitGas respectively.

Aside from isolated LNG imports by incumbent monopolies this is the first time that any company has managed to import natural gas by pipeline into Italy since the Italian gas sector was officially liberalised in August 2000. The gas, which started flowing at 06.00 on Thursday 17th May 2001, will be used to meet the needs of two thirds of Blugas' residential customers within the four municipalities. The current contract lasts for five months.

Congratulations to Fabio Greco, Carsten Haack, Didier Magne, Michael Schuh, Marco Lantieri and Daniela Uguccioni.

Enron in the Middle East
Enron has relinquished its stake in Dolphin Energy, the joint venture company formed to develop gas reserves in Qatar.
Enron has agreed to transfer its 24.5 per cent stake in the project to the United Arab Emirates Offset Group (UOG), the majority shareholder. The agreement allows Enron to deploy capital elsewhere and gives UOG the opportunity to seek new partners before the project moves into its next phase.

Development of the Emden/Oude gas hub moves ahead fast
An important milestone in the evolution of the new gas trading hub on the Dutch-German
border was reached last week. Last Friday some of the major European gas players held a meeting to officially establish the Emden/Oude gas hub. Although Enron had already initiated the development of the Emden/Oude hub by making a market through EnronOnline as early as December 2000, the goal of this meeting was to set up a working group similar to the Zeebrugge focus group who can  work on setting a legal framework for the Emden/Oude hub.

Enron was elected as the only new market entrant in this group, reflecting the high level of respect industry peers have for Enron as a major player in the Continental gas market -- even from incumbents!

LEGAL STUFF
The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries.  It is intended for internal use only and should not be disclosed.

<Embedded Picture (Metafile)>


Kay--here is the clean one.  A word of warning--for some reason, if you use
"tools" "track changes" in word to mark your new changes, it will mark all
changes going back to the original Santee Cooper form we started with for
this.  That's why I used Comparerite.  If you don't have Comparerite (it's a
Lexis program, I think), email the new clean version to me and I can then run
the program and send it out for you.

I would still like to talk to you when you have a moment and find out how the
meeting went. Thanks.

 - CLEANVEP.DOC


Today's Washington Post reports on an interview with FERC commissioners Wood
and Massey following yesterday's hearing before the Senate Governmental
Affairs Committee.  According to the Post, each commissioner said they are
prepared to make "heavy refunds" because of overcharging in California.  They
each said they agreed to give the parties a chance to work it out in the
upcoming settlement conference first.  The Post article (which was on the
front page of the business section, perhaps an indication of the somewhat
diminished press coverage of the issue) mentioned Enron in a list of
companies "facing allegations of overcharges."

There are also news reports that Gov. Davis met with commissioners Wood and
Brownell while he was in town.  The same reports say that Gov. Davis will
meet with commissioner Wood in California on  Monday.


Here is today's Edition.....ON-TIME!!!

This information is for the private use of the recipient and may not be
disclosed to any other entity (including affiliates) without the prior
written consent of Enron North America.  All of the above prices are
&indicative8 prices  and are subject to change depending upon changing market
conditions and liquidity.  The transactions are also subject to negotiation
of mutually acceptable definitive agreements, satisfactory credit
arrangements and the approval of the respective management,s of our two
companies. This term sheet is not intended to create a binding or enforceable
contract nor is it an offer or a commitment to enter into any transaction.
All terms are subject to change until  agreement as to a specific transaction
has been reached.  ENA is not acting as a fiduciary or advisor and you should
evaluate and understand the terms, conditions, and risks of all transactions
in making your decisions with respect theret


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/17/99
01:36 PM ---------------------------

Joseph Hrgovcic
12/16/99 09:46 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Emission trading

Vince,

 I spoke with Susan Wood, who heads up our emissions marketing effort who
says we don't really have any materials we send out. She did recommend the
Emissions trading handbook which can be purchased for $50 from
http://www.etei.org/handbook_changed.htm.

 In general, the site http://www.etei.org/ is a great source of info, and the
the parent site, http://www.emissions.org should be checked out as well. If
you'd like me to purchase the handbook (it will take three weeks) let me know.

Joe

Vince J Kaminski
12/16/99 08:15 AM
To: Joseph Hrgovcic/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Emission trading

Joe,

Do we have any materials about it?

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/16/99
08:14 AM ---------------------------

Adam Brulinski
12/14/99 08:22 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Emission trading

Thank you in advance.

Let me just mention that the issue is quite urgent so I would appreciate if I
could get sth ASAP.

Adam

Vince J Kaminski
99-12-14 15:24
To: Adam Brulinski/WAR/ECT@ECT
cc:
Subject: Re: Emission trading

Adam,

Let me gather some information for you.

Vince

Adam Brulinski
12/14/99 08:08 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Emission trading

Szanowny Panie,

Chcielibysmy zaczac propagowac w Polsce idee handlu prawami do emisji
zanieczyszczen. Dlatego tez prosilbym o przeslanie, najlepiej droga emailowa
materialow dotyczacych tej koncepji - glownie chodzi mi o strone
"merytoryczna".

Z powazaniem,

Adam Brulinski


Following up on my "To Do" from our conference call, the information below
may be useful as we attempt to justify capital / operational expenditures on
the TW system:

Objective:  Try and quantify in revenue terms the lost value of decreased
west throughput to TW

First a few assumptions:
Fuel prices used were: Permian = $4.785/MMBtu and San Juan = $4.14/MMBtu
Baseload volume flowing west was assumed to be 1,090,000 MMBtu/d
Fuel consumed = 2%
Revenue impact is based upon current contracts and assumes lost fuel and
commodity charges only.  TW continues to collect the reservation charges.

Result:
Based on current gas fuel prices, for every 1000 MMBtu/d delivery we lose on
the west end, this translates to approximately $150/day of lost revenue.  If
we assume the pressure drop at station 1 is preventing us from delivering
25,000 MMBtu/d into SoCal, then the lost revenue for TW would be $3,305 per
day or $1,206,000 per year.  To give you an idea of the significance of the
fuel value, of the $3,305 daily revenue, approximately $3,072 of it is fuel
related.

One More Thing:
We assume here that TW continues to collect the reservation charges.
However, on a long term basis, if the west condition continues, we run the
risk of losing the reservation as well.  Based on 25,000 MMBtu/d, this value
equals $2,500,000 per year.

Let me know if you have questions.  I can be reached at 713-853-5559

KH


good one...................

  thanks again for the cocktails last night ,   have a good
thanksgiving........

  Joe


Hi Pete,

We will want to get the CofA contract fixed up shortly.  I don't remember if
we have addressed these issues.  I do think that GE may resist the combined
cycle language, and I don't suggest including it.  Eric, can you still live
with that?

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/09/2001 08:21
AM ---------------------------
From: Eric Booth@ENRON_DEVELOPMENT on 11/28/2000 06:01 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Austin - S&S Contract

---------------------- Forwarded by Eric Booth/ENRON_DEVELOPMENT on
11/28/2000 06:00 PM ---------------------------

	Enron Engineering & Construction Company
	From:  Eric Booth                           11/28/2000 04:52 PM

To: Eric Boyt/Corp/Enron@Enron
cc: Jeffrey M Keenan@ECT, Terri Austin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Kathleen Clark/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kay Mann@ENRON

Subject: Austin - S&S Contract

Eric-

I revised the contract you sent me to make it site specific.  Those changes
are redlined.  Please note that I have reinserted sections 10.4.1 and 10.4.3
as well as the defined terms that go with them.  These were related to
exhaust temperature and energy.  I know this is a simple cycle plant and they
typically aren't required, but I wanted to see if GE would guarantee it
anyway.  It maybe helpful in the future if Austin Energy goes combined
cycle.  If for some reason GE's lawyers specifically want to leave that out,
then they will probably also want to delete sections 10.4.2 and 10.4.4 (and
their defined terms) since those also talk about specific exhaust
guarantees.  Let me know what they decide.

Exhibit A (site basis conditions) which I also revised was not attached to
your file.  (It's right behind the sign-off pages in my hard copy.)  I
therefor hand marked up a copy and scanned it.  It is now attached as a
separate word file.

Exhibit F is "boiler plate" and shouldn't change.  Exhibit "U" is not in my
hard copy.  My copy only goes up to Exhibit "T."   If you get something from
GE on Exhibit "U", send it to me and I will be glad to review it.

If you have questions, give me a call.  (67550)  I will be in Ausitn
Wednesday and Thursday, but will be available by cell phone (713) 412-6873.

Thanks,
Eric Booth


Please handle.
---------------------- Forwarded by Stanley Horton/Corp/Enron on 05/17/2001 08:11 AM ---------------------------

GISB1@aol.com on 05/16/2001 04:09:38 PM
To:	Gisb@aol.com, GISB4@aol.com, jcostan@mcguirewoods.com
cc:

Subject:	GISB Ratification Ballot

Dear GISB Members,

Please find the attached ballot to record your vote on the ratification of
the set of recommended modifications to GISB standards adopted by the
Executive Committee (EC) in March and May, 2001.  To record your vote, please
fill out page two of this communication and either email (gisb@aol.com) or
fax it (713-356-0067) to our office by June 11.

The EC voting record and discussion for each of these new standards,
modifications to existing standards, interpretations or deletions of
standards is contained within the EC minutes beginning on November 16, 2000
and carrying through to the EC meeting held on May 8, 2001.  The EC minutes
can be found on the GISB home page (www.gisb.org), as can the requests,
recommendations, and related subcommittee and task force minutes.
Transcripts of the EC meetings where these recommendations were discussed can
be ordered by calling the GISB office - 713-356-0060.

A separate email will be sent to you containing a summary of the
recommendations and the recommendations themselves.  The recommendations are
also posted on the GISB web site.  Please feel free to call the GISB office
if you have any difficulty retrieving any of this information.

Best Regards,  GISB Office

The GISB organization follows a privacy policy, which does not permit
distribution of contact information. As such, all email addresses are denoted
blind in correspondence.  Upon receipt of notice, the GISB office will modify
the distribution to no longer carry your address.  If you would like to add
other participants from your organization to this distribution list, please
also email such request to the GISB office.

 - bt010515.PDF


Can you please send me Ida-West's fax # and Phone #.
Thanks
Ben


----- Forwarded by Steven J Kean/NA/Enron on 01/03/2001 01:31 PM -----

	Steven J Kean
	12/28/2000 08:46 AM

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

attachments


Doug Nichols, Robin Tompkins and Dave Aamodt of PGE have asked if they can be
added to the California Crisis conference call list.  Their E-mail addresses
are: Douglas_Nichols@pgn.com, David_aamodt@pgn.com, robin_tompkins@pgn.com


Just wanted to congratulate you guys on the excellent work on the night of the 13th.  The SAR was within $4 of risk managment's numbers on the Daily Position Report!  The night note looked very good (great job on the services portion) and there were ZERO problems with the shift.
The hard work is much appreciated, keep it up.

Bill


Tuesday, September 26, 2000

Teco Tap    60.000 / Enron; 10.000 HPL Gas Daily

HPL LS Katy     NO FLOW


I didn't realize that was an option!

In all seriousness, we need to put some type of structure in place to deal with OldCo.  I understand Kyle's concerns, and would like to do something.  Unfortunately, we won't have details about the retention package for a few more days.  In the meantime, all I can do is hope Kyle will give us the benefit of the doubt and do his part while we pull the details together.

Don

 -----Original Message-----
From: 	Cappelletto, Nella   On Behalf Of Milnthorp, Rob
Sent:	Tuesday, December 11, 2001 12:15 PM
To:	Miller, Don (Asset Mktg)
Subject:	RE: Old Co

Kyle Kitagawa will be responsible for Canada.  However, it is unlikely that he will be willing to do anything unless and until he is compensated either through bonus or retention pay.

Regards, Rob

 -----Original Message-----
From: 	Miller, Don (Asset Mktg)
Sent:	Monday, December 10, 2001 7:38 PM
To:	Milnthorp, Rob
Subject:	RE: Old Co

What is the ETA?
Thanks

 -----Original Message-----
From: 	Milnthorp, Rob
Sent:	Monday, December 10, 2001 2:25 PM
To:	Miller, Don (Asset Mktg)
Subject:	RE: Old Co

working on it

 -----Original Message-----
From: 	Miller, Don (Asset Mktg)
Sent:	Monday, December 10, 2001 8:28 AM
To:	Milnthorp, Rob
Subject:	Old Co

Rob,

Louise just told me that you have pulled together the org. chart for the management of OldCo.  If it is available, would you please send it to me.

Thanks,

Don


My guys tell me we are just about finished on our end and will be getting
ready to beta test. How are your folks doing ?


Jenny,
 Please print the two crestar documents on ena stationary twice each and send
to Grant Oh as requested in Barry's email.  Thank you.
----- Forwarded by Dan J Hyvl/HOU/ECT on 12/20/2000 05:39 PM -----

	Barry Tycholiz@ENRON
	12/20/2000 05:12 PM

		 To: Grant Oh/CAL/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT
		 cc:
		 Subject: Re: Crestar Document - Final Versions

Grant, for your review. Dan, I like these documents as is. Please raise hard
copy finals and send to the Calgary Office. To the attention of Grant Oh. He
will attach a cover sheet and issue to the customer and get signatures.

If there are any questions, give me a call.   BT
---------------------- Forwarded by Barry Tycholiz/NA/Enron on 12/20/2000
05:11 PM ---------------------------

Dan J Hyvl@ECT
12/19/2000 04:29 PM
To: Barry Tycholiz/NA/Enron@ENRON
cc:

Subject: Re: Crestar Document - Final Versions

 Please review the language in 87crfm.  Call me after you have had a chance
to read.  If okay, I will print on letterhead so that it can be resent to the
counterparty.


See the WinZip file below for responses to the initial requests from FERC, CPUC, SCEC and IS.

 -----Original Message-----
From: 	Donoho, Lindy
Sent:	Tuesday, August 21, 2001 2:17 PM
To:	Brown, Elizabeth
Subject:	FW: Data Responses in Docket Nos. RP97-288-009 through 016
Importance:	High

 -----Original Message-----
From: 	Bourg, Naomi
Sent:	Tuesday, August 21, 2001 1:38 PM
To:	Lohman, TK; Donoho, Lindy; Van Norden, Mike; Miller, Mary Kay
Cc:	Kirk, Steve
Subject:	Data Responses in Docket Nos. RP97-288-009 through 016
Importance:	High

TK, I have attached all the completed data responses in the file below to allow you to print a copy for yourself today.  CPUCattmt#20part2.xls. is approximately 470 pages so it needs to be directed to a high speed printer.  The rest of the responses are approximately 1 - 20 pages.  The following are the instructions to unzip the file.

The attached file is a self extracting Winzip file. Please double click on the file icon and follow the instructions to save it to the directory of your choice. After the file is saved, open Explorer to find that directory, select the file and double click on it to execute the unzip program. At this point the program provides a browse function to allow you to select the directory in which to unzip the file. Select the directory and then select unzip. If you have any questions on this process, please contact me at 402-398-7066.

Lindy and Mike, I am sending via overnight United Parcel, paper copies of all the data responses with the exception of IS-28. I think you both currently have copies of it.  If this is not true, please let me know as soon as possible.

Mary Kay, as noted above there will be a paper copy of the data responses in Washington, DC and also the attached file.  We have a departmental copy of the data responses but I have not made a copy for you.  Is this acceptable to you?

Naomi Bourg
Rates and Tariffs
Naomi.Bourg@enron.com
Phone:  (402) 398-7066
Fax:  (402) 398-7006


?
-----Original Message-----
From: John Denson
Sent:  Friday, September 08, 2000 7:10 PM
To: Kinga Doris; Dick Bergmark;  Margaret (Work) Denson (E-mail); Monty
Davis; Paddy Keenan
Subject:  FW:

Glad  to see the English aren't any more brighter than us.
?
-----Original Message-----
From: Stephanie  [mailto:smadan@madan-ip-law.com]
Sent: Thursday, September 07, 2000  1:07 PM
To: Mark Goldie; Leigh Toomey; Judy Hendrick; John Denson; ER  Nelson; Donne
Vacek; David Mossman; Carl Rowold; Beth Wood; Beth Pearson Naul;  Angelica
Pogson
Subject:

Following questions and answers were collated from  last year's British?GCSE
exams

(16 year olds)!

Life on the  Planet

Q: Name the four seasons.
A: Salt, pepper, mustard  and vinegar.
?  ????

Q: Explain one of the processes by which water can be  made safe to drink.
A: Flirtation makes water safe to drink because it  removes large pollutants
like grit, sand, dead sheep and canoeists.
? ????

Q: How is dew formed?
A: The sun shines down on the  leaves and makes them perspire.
?  ????
Q:  What is a planet?
A: A body of earth surrounded by sky.
? ????
Q: What causes the tides in the  oceans?
A: The tides are a fight between the Earth and the Moon. All water  tends to
flow towards the moon, because there is no water on the moon, and  nature
abhors a vacuum. I forget where the sun joins in this fight.
? ????
Sociology
Q: What guarantees may a  mortgage company insist on?

A: If you are buying a house, they will insist you are  well endowed.
?  ????

Q: In a democratic society, how important are  elections?
A: Very important. Sex can only happen when a male gets an  election.
?  ????
Q:  What are steroids?
A: Things for keeping carpets still on the  stairs.
? ????
Biology
Q: What happens to your body as  you age?
A: When you get old, so do your bowels and you get  intercontinental.
?  ????

Q: What happens to a boy when he reaches puberty?
A:  He says goodbye to his boyhood and looks forward to his adultery.
? ????
Q: Name a major disease associated  with cigarettes.
A: Premature death.
? ????
Q: What is artificial  insemination?
A: When the farmer does it to the bull instead of the  cow.
? ????

Q: How can you delay milk turning sour?
A: Keep it in  the cow.
?  ????
Q:  How are the main parts of the body categorised? (e.g. abdomen.)
A: The body  is consisted into three parts -? the  brainium, the borax and
the abdominal cavity. The branium contains the brain,  the borax? contains the
heart and  lungs, and the abdominal cavity contains the five bowels, A, E, I,
O and  U.
? ????

Q: What is the Fibula?
A: A small lie.
? ????
Q: What does *varicose- mean?
A:  Nearby.
? ????
Q: What is the most common form of  birth control?
A: Most people prevent contraception by wearing a  condominium.
?  ????

Q: Give the meaning of the term *Caesarean  Section.-
A: The caesarean section is a district in Rome.
? ????

Q: What is a seizure?
A: A Roman emperor.
? ????

Q: What is a terminal illness?
A: When you are sick  at the airport
?  ????
Q:  Give an example of a fungus. What is a characteristic feature?
A: Mushrooms.  They always grow in damp places and so they look like
umbrellas.
? ????
English
Q: Use the word *judicious- in a  sentence to show you understand its meaning.
A: Hands that judicious can be  soft as your face.
?  ????
Q:  What does the word *benign- mean?
A: Benign is what you will be after you be  eight.
? ????
Technology
?Q: What is a turbine?
?A: Something an Arab wears on his  head.
? ????
Religious Education
Q: What is a  Hindu?
A: It lays eggs.


In the lunch meeting that I held yesterday, I asked all in attendance to let me know if they had ideas on ways to improve employee morale at present.  I can always count on Bob Superty to give thoughtful consideration to this type of request - and to act!  Here are his ideas.  My thought is to get together an informal team (doesn't even have to be announced or publicized) to continue to generate ideas that could make a difference to employee morale right now and to make some of these things happen.  Any thoughts?  --Sally
 -----Original Message-----
From: 	Superty, Robert
Sent:	Wednesday, October  24, 2001 8:58 AM
To:	Beck, Sally
Cc:	Hall, Bob M
Subject:	Suggestions to help short term morale

Sally, some thoughts/ideas that I thought about after your meeting.

Lets promote the positive - some very exciting things are happening such as the move to the new building, lets make sure we get the PR out there to talk about the new features, move in plans, etc. I know security is tight but how about a mini open house. At this point it would do us good to go beyond the "Building Guy". I know I get excited whenever I'm over there.

Things like vendors in the lobby to push new technology etc. I believe it's important to keep that almost "electric" atmosphere that surrounds the company. Lets show our employees that our outside business relationships are as strong as ever and our vendors/business partners still view Enron as someone they are eager to continue doing business with. I always get charged up when the lobby is full of activity. Keeps the pulse of Enron at a high level. Get some fun things out there, things the employees can purchase, electronic devices are always attractive. Work out a decent discount to make it exciting. Give it a holiday twist. Even if it costs us a few bucks to make that happen might be worth it.

Make a push to host more industry meetings (GISB is one that I can help with). Lets get our counterparties in here and let them know nothing has changed. We can include mini tours of the new building to get the word back on the street about how we might be down but boy are we poised to grow, grow and grow some more.

I mentioned to you that I believe it's important for the Executive team to show up often to reassure our employees that yes there are real, caring people running this company. Maybe some impromptu floor meetings to talk about recent events. Let them feel like there is a real connection. Make it personal and regular.

Thanks for listening, the sense from my group has been okay. Lots of concerns but nobody running out the door at this point. I'll keep you posted.

Bob Superty


Can we be even stronger on this?  The short answer is that Joe's resignation
has no impact on our view toward India.  The evaluation of our asset holdings
and new business opportunities is the same the day after Joe's resignation as
it was the day before.  If need be, we can reiterate previous statements
about our ongoing review of asset positions.  What do you think?

	John Ambler@ENRON_DEVELOPMENT
	10/24/2000 06:46 PM

		 To: Cliff Baxter@ECT, Steven J Kean/NA/Enron@Enron, Mark Koenig@ENRON, J
Mark Metts@Enron, Paula Rieker@ENRON
		 cc: Mark Palmer@ENRON, Karen Denne@ENRON, Cindy Derecskey@ECT
		 Subject: Sutton India Statement

We expect considerable Indian media interest and attempts to interpret the
implications of Joe Sutton's resignation.  In consultation with Mark Palmer
and others, we have developed the following statement, which we intend to use
only in response to media inquiries.  Please let me know if you have any
comments.

John

For Enron Use ) Only if Asked
October 24, 2000

Statement on Impact of Sutton Resignation on Enron in India

Joe Sutton,s departure should not significantly affect Enron,s commitment to
the Indian market.  In fact, consistent with Enron,s new business lines, we
are in the process of developing data centers and a fiber optic network in
India.  Of course, we continuously look to optimize the value of our business
interests and there may be some related adjustments in our holdings, but we
expect to continue as a significant participant in the Indian market.

If pressed:
We are not able to comment on specific plans or operations, as it is our
policy not to comment on the details of potential divestitures or
acquisitions.


Kristina:
This looks fine to me.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com

	"Drew, Kristina" <DrewK@merchantenergy.com>
	06/07/2001 10:04 AM

		 To: "'carol.st.clair@enron.com'" <carol.st.clair@enron.com>
		 cc: "'Rhonda.L.Denton@enron.com'" <Rhonda.L.Denton@enron.com>, "Abba Gana,
Mustapha" <AbbaGanaM@merchantenergy.com>
		 Subject: RE: MEGA Assignment

Carol,

For your review, I've attached the adjustments our legal department is
proposing to the Consent to Assignment since receiving your red-lined
version from Rhonda Denton.  As to the transfer effective date, since we are
now into June, we would expect the transfer date to be as of July 1st.
Please let me know as soon as possible your comments on MEGA's most recent
proposed Consent to Assignment (attached below).

 <<MEGA  Assignment Consent Agreement  Version 2 RED_.doc>>

Thanks,

Kristina M. Drew
Contract Administrator
Merchant Energy Group of the Americas, Inc.
410.295.1708

> -----Original Message-----
> From: Rhonda.L.Denton@enron.com [SMTP:Rhonda.L.Denton@enron.com]
> Sent: Wednesday, June 06, 2001 3:24 PM
> To: DrewK@merchantenergy.com
> Cc: Carol.St.Clair@enron.com; Wendy.Conwell@enron.com
> Subject: Re: MEGA Assignment
>
> Kristina, here are the proposed changes to the Assignment Consent
> Agreement.  Our attorney is Carol St. Clair .  Please respond to her (and
> copy me if via email) with your response to the proposed changes.  She
> indicated that we are negotiating an amendment to our master with Morgan
> in
> order to accommodate this assignment so we will not be executing the
> Assignment Consent Agreement until Enron and Morgan sign the amendment to
> our Master with them.   We need to know from MEGA and Morgan what the
> transfer effective date is that establishes the cutoff date for these
> trades as between ourselves and each of Morgan and MEGA.  She indicated
> that her revised draft of the Consent makes it clearer how this cutoff
> date
> works.  Carol's contact information is below.
>
> Carol St. Clair
> 713-853-3989 (Phone)
> 713-646-3393 (Fax)
> carol.st.clair@enron.com
>
> (See attached file: MEGA  Assignment Consent Agreement  Version 2.doc)(See
> attached file: MEGA  Assignment Consent Agreement  Version 2 RED.doc)
>
>  << File: MEGA  Assignment Consent Agreement  Version 2.doc >>  << File:
> MEGA  Assignment Consent Agreement  Version 2 RED.doc >>

 - MEGA  Assignment Consent Agreement  Version 2 RED_.doc


I'd like to keep this confidential, but someone inside PG&E's gas group (for what it's worth) told me that participants will have a choice under PG&E's proposed extension of its Gas Accord.  Either the participant can retain the capacity for the term of the extension (less the cost escalators in the original deal) or release the capacity back to PG&E with no penalty.  I'll try to confirm that this is the view among most in PG&E.

Best,
Jeff


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/29/2000
05:04 PM ---------------------------

Darrell Duffie <duffie@Stanford.EDU> on 09/19/2000 08:04:35 PM
Please respond to Darrell Duffie <duffie@Stanford.EDU>
To: hoshino@Stanford.EDU
cc: vince@egs.com, Vince.J.Kaminski@enron.com
Subject: review of valuation model for storage

Taiichi:

Here is the cover letter and report
that I sent to Vince Kaminsky on June 26.
As Zimin was the source of the
model and code, I think Vince
may not mind if you forward
it directly to Zimin.
Please wait 24 hours before
doing so in order to give
Vince a chance to countermand that.

Thanks!

Darrell

------------- Begin Forwarded Message -------------

Date: Mon, 26 Jun 2000 10:04:37 -0700 (PDT)
From: Darrell Duffie <duffie@Stanford.EDU>
Subject: review of valuation model for storage
To: vince@egs.com
Cc: duffie@Stanford.EDU
MIME-Version: 1.0
X-UIDL: 6e99939f2365395c2accfdf2edb72b88

Vince:

I attach a report, prepared under my direction
by my research assistant, Dr. Taiichi Hoshino,
now employed with Goldman Sachs, on the Enron storage
valuation model that you asked me to review.

This report contains some details that
you didn't ask for, but that your research staff
might appreciate.

The model and software are appropriate to
the task they are designed for, in my opinion, based
on the code and the documentation that
you sent. Some suggestions for
potential improvement are noted
in the attached report, but these
are either minor or not critical
to the current business objectives of the model,
in my view.

If this email is not sufficient, or you
would prefer a hard-copy opinion letter,
please let me know.

Meanwhile, I hope life at Enron is
as exciting as usual!

Sincere regards,

Darrell

PS I will bill you separately for my time (1.5 hours)
and the time of Dr. Hoshino.

_____________________________________________
Darrell Duffie
mail  GSB Stanford CA 94305-5015 USA
phone 650 723 1976
fax   650 725 7979
email duffie@stanford.edu
web   http://www.stanford.edu/~duffie/
_____________________________________________

------------- End Forwarded Message -------------

_____________________________________________
Darrell Duffie
mail  GSB Stanford CA 94305-5015 USA
phone 650 723 1976
fax   650 725 7979
email duffie@stanford.edu
web   http://www.stanford.edu/~duffie/
_____________________________________________

 - SAM_rev6.doc


You get in to see Whalley?


Riordan edges out Davis in Field Poll: A survey finds lingering damage from the governor's handling of the energy crisis.
By Amy Chance
Bee Political Editor
(Published Sept. 26, 2001)
Gov. Gray Davis survived the summer without the widespread power blackouts his opponents predicted, but voters remained dissatisfied with his job performance and disinclined to re-elect him, a Field Poll released Tuesday found.
The poll showed Davis narrowly behind in a trial general election matchup against former Los Angeles Mayor Richard Riordan, 45 percent to 42 percent.
Riordan's strength in Los Angeles County -- rare for a Republican candidate -- as well as lingering damage to Davis from California's energy crisis were factors in the findings, said the poll's managing director, Mark DiCamillo.
"It's an interesting situation for a sitting governor," he said. "It's very unusual for a sitting governor to be denied re-election, but here we have a unique candidate coming out of a Democratic stronghold. And also we have this issue that is kind of hanging around the neck of the governor that the public is not very pleased about, and that's the energy and the electricity crisis."
In a hypothetical Republican primary, Riordan led by a large margin over Secretary of State Bill Jones, 46 percent to 19 percent. Businessman Bill Simon trailed with 5 percent of the vote, while 30 percent was undecided.
The poll surveyed 1,003 Californians, including 722 registered voters, Sept. 7-10 and is subject to an overall error margin of 3.2 percent.
Davis political adviser Garry South said reporting poll results taken before the Sept. 11 terrorist attacks on the East Coast was "horribly misleading."
"These kinds of watershed events that shake the national psyche always have an effect on job approval," he said. "These kinds of things have effects on the way people feel about incumbents in general."
DiCamillo said he found it notable, however, that views of Davis' performance continued to lag even as voters worried less about the electricity crisis.
In May, at the peak of concern about potential power blackouts, voters said they disapproved of Davis' performance, 49 percent to 42 percent. In the latest survey, they continued to disapprove, 47 percent to 41 percent.
Voters also said they were not inclined to re-elect Davis, 50 percent to 43 percent.
"Now we're in a situation where the energy crisis mentality has receded, yet the public's image of the governor has not changed," DiCamillo said. "He has not benefited from the easing of public concern about the issue and is in the same situation that he found himself back in May.
"No matter what the political temper of the times internationally, there will be issues that are particular to the governor's race. This issue is what the public has focused their attention on in evaluating Davis, and it's still negative."
DiCamillo said he also was struck by the fact that the poll found Riordan leading among voters in Los Angeles County, 47 percent to 43 percent. He said the survey showed similar results in May. Los Angeles County accounts for one-quarter of the state's electorate, and Democrats typically carry it and the Bay Area by large margins, making up for losses in virtually every other area of the state.
Riordan adviser Dan Schnur said the numbers pose a strategic difficulty for Davis.
"It's clear from this poll result that the voters who know Dick Riordan best support him most," he said. "Unless Gray Davis plans on winning the Bay Area by a voice vote, there's no way he can get re-elected unless he turns L.A. County around in a very big way."
South said Riordan, who held a nonpartisan office in Los Angeles, will fare far differently in a statewide partisan contest. And he recalled that then-Gov. Pete Wilson was trailing Democrat Kathleen Brown by 23 points as he prepared in 1993 for re-election.
"We all know how that turned out," he said. "A sitting California governor hasn't been defeated for a second term since 1942."
The Bee's Amy Chance can be reached at (916) 326-5535 or achance@sacbee.com <mailto:achance@sacbee.com>.


Where can I get a copy of Ken Swaisland's guarranty. I want to send a demand
letter.


I talked with Ken yesterday.  He would like to keep David on until May 15 to
finish up some things he is working on for Ken.

	Enron Capital & Trade Resources Corp.

	From:  Sherri Sera                           04/09/2001 08:45 PM

To: Steven J Kean/NA/Enron@Enron
cc:

Subject: Re: organizational announcement

Just out of curiosity, did this ever get resolved?  Apologies if I'm being
too bold!  SRS

From: Steven J Kean on 03/14/2001 07:33 AM
To: Sherri Sera/Corp/Enron@ENRON
cc:

Subject: Re: organizational announcement

Ken was meeting with him the day before yesterday.  I'm just waiting to hear
back.

	Sherri Sera
	03/13/2001 10:07 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: organizational announcement

Just saw the memo about Sanjay, Diomedes and Jim.  Guess David Haug is still
around? SRS


Sorry for the inconvenience.  The 10/5/01 Turbine Position Report had a minor revision after distribution.  The revised report is attached.  Please call Becky Caudle at 3-9749 with any questions.


fyi
---------------------- Forwarded by Tracy Geaccone/GPGFIN/Enron on 10/27/2000
10:39 AM ---------------------------

Vanessa Bob
10/17/2000 01:44 PM
To: Susan Skarness/HOU/ECT@ECT, Sharron Westbrook/Corp/Enron@ENRON, Stephanie
Harris/Corp/Enron@ENRON, Bridget Maronge/HOU/ECT@ECT, Rosalee
Fleming/Corp/Enron@ENRON, Carol Ann Brown/Enron Communications@Enron
Communications, Cindy Stark/Corp/Enron@ENRON, Bert Frazier/HOU/ECT@ECT,
Maureen McVicker/NA/Enron@Enron, Joannie Williamson/Corp/Enron@ENRON, Dorothy
Dalton/Enron Communications@Enron Communications, Sherri
Sera/Corp/Enron@ENRON, Carol Moffett/HOU/EES@EES, Pam
Benson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ruth Ann Brown/HOU/EES@EES, Judy
G Smith/HOU/EES@EES, Cindy Olson/Corp/Enron@ENRON, Zulie
Flores/Corp/Enron@ENRON, Deb Gebhardt/Corp/Enron@ENRON, Terrie James/Enron
Communications@Enron Communications, Ann Joyner/Corp/Enron@ENRON, Molly
LaFuze/Enron Communications@Enron Communications, Bobbie
Power/Corp/Enron@ENRON, Alexandra Saler/HOU/EES@EES, Rachael
Tobor/HOU/EES@EES, Kathy Wyatt/SFO/EES@EES, Janet H Moore/HOU/ECT@ECT,
Geriann Warner/NA/Enron@Enron, Katherine Brown/Corp/Enron@ENRON, Susan
Kalich/HOU/AZURIX@AZURIX, Brenda Castillo/NA/Enron@Enron, Karen K
Heathman/HOU/ECT@ECT, Stacy Guidroz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Beena Pradhan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elaine
Rodriguez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sherryl
Stone/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mary E
Garza/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cathy Phillips/HOU/ECT@ECT,
Loretta Brelsford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sue Ford/HOU/ECT@ECT,
Karen Owens/HOU/EES@EES, Liz M Taylor/HOU/ECT@ECT, Jeffrey
McMahon/HOU/ECT@ECT, Rick Buy/HOU/ECT@ECT, Julie Armstrong/Corp/Enron@ENRON,
Molly Bobrow/NA/Enron@Enron, Kathleen E Magruder/HOU/EES@EES, Peggy
Mahoney/HOU/EES@EES, Elizabeth Ivers/HOU/AZURIX@AZURIX, Charla
Stuart/Corp/Enron@ENRON, Georgia Fogo/HR/Corp/Enron@ENRON, Elyse
Kalmans/Corp/Enron@ENRON, Meredith Philipp/Corp/Enron@ENRON, Missy
Stevens/Corp/Enron@ENRON, Misha Siegel/Corp/Enron@ENRON, Craig
Childers/HOU/EES@EES, Greg Grissom/Corp/Enron@ENRON, David
Tagliarino/HOU/ECT@ECT, Kathy Mayfield/Corp/Enron@Enron, Charla
Reese/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Laura Schwartz/Corp/Enron@Enron,
Charla Stuart/Corp/Enron@ENRON, Patti Walsh/HOU/ECT@ECT, Elizabeth
Tilney/HOU/EES@EES, Ruth Ann Brown/HOU/EES@EES, Karen Marshall/HOU/ECT@ECT,
Tracy Geaccone/GPGFIN/Enron@ENRON, Joseph W
Sutton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: TABLES REPORT

The updated tables report is attached.  Please let me know if you have any
corrections/changes.

Vanessa


Ava, we need to meet first thing Monday to see where you are on the Agenda for
	Tuesday's meeting plus I need this presentation in power point Mondy morning
	as well.  Thanks. Lynn


----- Forwarded by Sara Shackleton/HOU/ECT on 12/22/2000 10:14 AM -----

	"Chiodi, Maria" <maria.chiodi@csfb.com>
	12/20/2000 07:20 PM

		 To: "'sara.shackleton@enron.com'" <sara.shackleton@enron.com>
		 cc: "Skinner, Mark" <mark.skinner@csfb.com>, "Haratunian, Stephen"
<stephen.haratunian@csfb.com>
		 Subject: Equity Forward Confirmation

Sara:

As we discussed this evening, I attach a revised draft based on our
discussions and, aside from the jurisdiction issue, have highlighted what I
think are the open issues in brackets.  I apologize in advance if I left
anything out and look forward to discussing this further with you tomorrow
morning.

Regards,

Maria Chiodi

 <<Fwd001220Trade1Dec 20 Draft.doc>>

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

 - Fwd001220Trade1Dec 20 Draft.doc


I think the meeting is on Wednesday, but if you can be there (Sacremento, I
expect) you should.  As I mentioned in my voicemail, I think the meeting will
not be particularly substantive;  more likely it is a photo op for the
governor to show how tough he is on the pirate generators.  Based on your
message below, should we still plan to send somebody?  I still think we
should if we can manage the legal risk.

Mike:  would you be able to attend as well?

From: Richard B Sanders@ECT on 05/06/2001 10:45 AM
To: Steven J Kean/NA/Enron@Enron
cc:

Subject: Gray Davis meeting

As I indicated in my VM, I will be in LA early Tues morning. Would you like
to talk about the isuues before your meeting--or would you like me to go?
----- Forwarded by Richard B Sanders/HOU/ECT on 05/06/2001 10:43 AM -----

	"Shohet, Jeff" <jshohet@graycary.com>
	05/04/2001 10:48 AM

		 To: "Doron Ezickson" <dezickson@mwe.com>, "Gary Fergus"
<gfergus@brobeck.com>, "Gerald L. McMahon" <mcmahon@scmv.com>, "James Ransom"
<james_ransom@la.kirkland.com>, "Jean Frizzell" <jfrizzell@gibbs-bruns.com>,
"Jeffrey Davidson" <jeffrey_davidson@la.kirkland.com>, "Jennifer A. Hein"
<jennifer.hein@neg.pge.com>, "Jennifer Costa" <jennifer.costa@neg.pge.com>,
"John Hershberger" <hershberger@scmv.com>, "Laura H. Roppe" <roppe@scmv.com>,
"Mary Lou Peters" <marylou.peters@msdw.com>, "Michael A. Leone"
<leone@scmv.com>, "Michael J. Weaver" <mike.weaver@lw.com>, "Michael L.
Kirby" <mlk@pkns.com>, "Mike D. Smith" <msmith1@enron.com>, "Richard B.
Sanders" <richard.b.sanders@enron.com>, "Robert Williams"
<robert.c.williams@enron.com>, "Robin Gibbs (Mr.)" <sbishop@gibbs-bruns.com>,
"Stephen A. Herman" <steve.herman@neg.pge.com>, "Sydne Michel"
<sydne_michel@la.kirkland.com>, "Tanya Murphy" <tanya.murphy@neg.pge.com>,
"Tony Richardson" <tony_richardson@la.kirkland.com>
		 cc:
		 Subject: Gray Davis meeting

Williams, Reliant, Enron, Duke, AES, Dynegy, Mirant and Sempra have been
invited to a meeting with the Governor.  The press release provides: "The
agenda will include "unpaid debts, credit and the supply of power."
Williams is concerned about attending such a meeting of competitors without
the presence of antitrust counsel even under the sponsorship of the Governor
(who presumably acts as both the sovereign and on behalf of the buyer(s)).
We are looking into the Sovereign immunity and Noerr-Pennington issues to
determine how best to protect any such group discussions from challenge or
as evidence in any of the pending cases.  Are any of your clients also
concerned about this and are you also looking into these issues?
Williams would like to have a joint defense protected conference call
(perhaps later today if possible) to discuss this meeting and consider
whether antitrust counsel is needed for the group or if each participant
should attend with its own counsel.  Please let me have your thoughts and
whether one of you (or other counsel) is interested and available to
participate in a conference call.  Thanks/

Jeffrey M. Shohet
Gray Cary Ware & Freidenrich
Phone: (619) 699-2743
Fax:     (619) 236-1048
Mobile: (619) 933-2743
email:    jshohet@GrayCary.com

-----------------------------------------------------------------------------

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NOTICE:  This email message is for the sole use of the intended recipient(s)
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Is it allright if I bring Marc Johnson?


CGoering@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

The NYISO is reserving hours beginning 14:00, 16:00 and 17:0 in the
November 14, 2001 Real-Time Market as well as the following hours per ECA
20010908B to verify prices:

HQ: 6:00 - 7:00, 9:00-11:00, 17:00, 18:00
NE: 6:00 - 7:00
OH: 6:00 - 7:00
PJM: 6:00 - 7:00

In addition, the NYISO is reserving all locational reserve prices in hours
beginning 11:00 and 16:00 of the November 14, 2001 Hour-Ahead Market.

Prices in the November 15, 2001 Day-Ahead Market are correct.

This e-mail information is a copy of the official posting which can be
found at the following address of our website:
http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm


Start Date: 4/16/01; HourAhead hour: 12;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041612.txt

---- SC Trades Schedule ----
+++ Hour 12 - bad data from ISO.
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/16/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1


FYI.  Maybe I should take this project if we want to keep AE.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/15/2001 02:25
PM ---------------------------

	From:  Ann Elizabeth White @ ECT                           05/15/2001 02:22 PM

To: Carlos Sole, Kay Mann/Corp/Enron@Enron, Barbara Gray
cc:

Subject: War in Florida!

Wanna trade power projects?  I think Rose, Lisa and Herman are right that,
after Pompano, every other project I work on will be a piece of cake.

---------------------- Forwarded by Ann Elizabeth White/HOU/ECT on 05/15/2001
02:20 PM ---------------------------

Eric Thode@ENRON
05/15/2001 01:37 PM
To: Greg Krause/Corp/Enron@Enron, Steven Krimsky/Corp/Enron@Enron, Ben
Jacoby/HOU/ECT@ECT, charlotte@bitner.com, Lea Sooter/ENRON@enronXgate,
orshefskyd@gtlaw.com, barshk@gtlaw.com, Ann Elizabeth White/HOU/ECT@ECT,
Marchris Robinson/NA/Enron@Enron, Dave Kellermeyer/HOU/ECT@ECT, Steven
Rose/Enron@EnronXGate
cc:
Subject: War in Florida!

I suspect that I am not going to receive a birthday present or Christmas card
from this fellow.  What do you think?  This is the type of e-mail that we
usually receive from our friends in California.  Looks like the disease is
spreading to other areas.

Eric

---------------------- Forwarded by Eric Thode/Corp/Enron on 05/15/2001 01:33
PM ---------------------------
From: Cindy Derecskey on 05/15/2001 01:14 PM
To: Eric Thode/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Vance
Meyer/NA/Enron@ENRON
cc:

Subject: War in Florida!

----- Forwarded by Cindy Derecskey/Corp/Enron on 05/15/2001 01:13 PM -----

	"J J" <spindoctor@hotmail.com>
	05/15/2001 12:43 PM

		 To: public-relations@enron.com
		 cc:
		 Subject: War in Florida!

Enron, do you want war in Florida?

You're going to get it! Take your fat, lawsuit-happy-pig Eric Thode and get
the fuck out of South Florida!

Take your greedy peaker plants and build them in India where you already
have a track record of beating and helping to kill locals who protested you
there.

The nerve of you pricks trying to build plants in family communities and on
the edge of our National Park.

We will stop you!

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com


fyi
----- Forwarded by Richard B Sanders/HOU/ECT on 05/25/2001 07:39 AM -----

	"Anne Marie DeFelice" <adefelice@ggfcmk.com>
	05/23/2001 12:41 PM

		 To: <Richard.B.Sanders@enron.com>
		 cc:
		 Subject: Re: CalPx Participants' Committee Conference Call

Attached is our contact list.

>>> <Richard.B.Sanders@enron.com> 5/23/2001 8:22:00 AM >>>

Do you have a list of the PX participants committee that you could send me
by e-mail.

**************************
* Confidentiality Notice *
**************************

This message is intended solely for the use of the addressee(s) and is
intended to be privileged and confidential within the attorney client
privilege.  If you have received this message in error, please immediately
notify the sender and delete all copies of this email message along with all
attachments.  Thank you.
 - 1197575.pdf


I appologize for the delay.  I was on vacation when you sent the first
request and somehow didn't see it when I was going through a week's worth of
emails  .  I have a person in my group getting the information together.
We'll let you know when it is complete.

DG


John

Jason passed on your resume to me. Please, get in touch with me so
that we can set a preliminary job interview.

Vince Kaminski
Managing Director
Enron Corp.

(713) 853 3848


Start Date: 1/2/02; HourAhead hour: 11;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010211.txt


Please note that the Energy Commission Special Business Meeting
scheduled for November 19, 2001, contains an item relating to the
Metcalf Power Plant Project.  The notice and agenda for that meeting
can be found at:

http://www.energy.ca.gov/business_meetings/2001_agendas/agenda_2001-11-19.html

Bob Aldrich

--
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
* * * * * * *
Do your part to help during California's Electricity Crisis.
Set your computer and monitor to go to sleep or energy
saver  mode during the business day.  And turn your
computer and monitor off at the power strip or surge
protector when you leave at the end of  the day or over
the weekend.

To learn more about what you can do go to:

http://www.flexyourpower.ca.gov

Bob Aldrich
Web Development Team
California Energy Commission
916-654-4989

To unsubscribe from this list, please go to:

http://www.energy.ca.gov/listservers/

Or simply send an e-mail to majordomo@energy.ca.gov
and in the body of the e-mail, type in

unsubscribe (name of this list)

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
* * * * * * *


I will be thinking about you and Brenda over the weekend and know that you
will both be glad for her to return home.  I have mentioned to you before,
Hector, that an Enron friend has dealt with a brain tumor successfully.  That
is Barbara Gray, an attorney in ENA's Legal Department.  Barbara counsels
patients and their families who are facing situations similar to hers.  If
you feel like you would like to talk with someone who can understand on a
more firsthand basis what you and Brenda are facing, I would encourage you to
contact Barbara.  In addition to having been through her own battle with a
brain tumor, she is simply a wonderful person whom I know you would enjoy
meeting.  I have mentioned your situation to her, and she would certainly
welcome a conversation with you.

I will be in the London office next week, so we will have to coordinate on
merit increases from there.  I will be back in the office on Monday, January
22.  -Sally

	Enron North America Corp.

	From:  Hector McLoughlin @ ENRON                           01/12/2001 08:09 AM

To: Sheila Walton/HOU/ECT@ECT, Francisco deJesus/NA/Enron@ENRON, Janet De La
Paz/HR/Corp/Enron@ENRON
cc: Sally Beck/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron
Subject: Update

I saw Brenda last night and she was doing very well.   We expect that she
will remain in NICU until approx. this afternoon and it is hoped that she
will be able to come home on Monday.   As Frank has probably already told
you, the Surgeon could only remove 50% of the tumor.   He believes it was
benign and we'll have confirmation today.
Brenda will need several MRI's and Gamma Knife therapy (radiation)
treatments.   We don't know the particular demands of this therapy but, we do
look forward to having it provide a long term solution.
I anticipate at this point that I will need to work from home or stay in
touch from home on Monday and that I will be able to return to your good
company on Tuesday.    I remain available and in touch via my cell phone,
pager and e-mail.   Please don't hesitate to call.    Working with you is a
welcome distraction.
Thank you very much for you support and prayers.   I look forward to seeing
you soon.
hgm


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/23/2001
04:52 PM ---------------------------
From: David Port/ENRON@enronXgate on 03/23/2001 08:56 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Raptor

Vince

How do we cope with the ethical issues this presents ?

Rgds
DP


The Washington Global Finance office is chartered with the responsibility to
support Enron's activities with the Washington-based financing institutions -
OPIC, EXIM, and the multilateral institutions - the World Bank and IFC and
the InterAmerican Development Bank.  Every project financing done by the
company in the emerging markets over the past several years has involved
these agencies and this year is no exception.

 In the past six months we have supported five projects before these
institutions:
  Cuiaba - Disbursement is now projected for mid-August.  OPIC is pleased
with the progress.  We have had to tweak the process to keep the project
moving forward; that process has been successful.  We have also been heavily
involved in the environmental aspects of the project, working with the
project team on the Environmental Health and Safety program, the
international NGOs and the Conservation Program to keep these aspects on
track.
  Gaza -  We have been heavily involved throughout the first half of the year
getting OPIC to a Board vote which was successful in March.  We used the
Department of State and other agencies to pressure OPIC politically to do the
deal.  Since the board vote the developers have been focussed on the
financing with Arab Bank but we are now in a process of pushing State to get
OPIC to move forward to financial close on reasonable financial lterms and
conditions.
  Guatemala barge mounted plant at Puerto Quertzal - OPIC and MARAD are to
provide financing. We have been working with the finance team to keep the
project moving forward and are now looking at fijnancial close by the end of
the summer.
  Argentina water for the Province of Buenos Aires -   This office is pushing
both the financing parties, OPIC and IDB, and Azurix to an end of September
Board approval on a financing that started late spring.  the time frame is
extremely short but unless we keep on schedule we will lose close to six
months.  We are driving the schjedule and then overseeing all parties to keep
the financing on track, so far successfully.
  RioGen -  We have been working with the Rio team to ensure that
consultation on the environmental assessment is conducted properly to avoid
Cuiaba type problems and help the IDB financing.  We are getting the
requirements with the team sorted out so that the process will go forward in
an appropriate manner.

 In the past six months we have supported the development efforts of the
following projects:
  Nigeria - We were heavily involved in getting the World Bank to back away
from their opposition to our project, as well as getting the State
Department, DOE and Treasury to aggressively support our efforts to conclude
a deal in Lagos.  We finally persuaded the Bank to take the position that it
was not fully current on the status of the project and so could not comment.
The USG supported our efforts and did help the process by which Enron was
finally able to conclude a deal.
  Camisea - We were heavily involved in sorting out the environmental
requirements for this project in Peru to go forward.  We spent considerable
time educating the developer team on these requirements.  We met on several
with the Peruvian Minister of Energy and had  him meet with OPIC, IDB and the
World Bank to better understand the impact of environmental issues on
financing.
  Bulacan Biomass project, Philippines - We are working with the project team
to obtain political risk insurance for the project through OPIC or MIGA.
  LNG project, Venezuela:  We are working with the finance team exploring
OPIC, IFC, IDB financing for this project.
  Pipavov power project, India - Working with the project team regarding
OPIC, IFC financing for the project
  Subsea fiber laying project, Caribbean:  We have undertaken discussions
with financing and other institutions re sub-sea fiber laying jproject,
including addressing licensing requirements of the FCC for international
telecom projects.
  SIEPAC - We have had meetings with the project team on the status of this
Central American electricity transmission project and how we might get
involved.
  Puerto Suarez - We have been working with the project team to address
environmental issues relating to the transmission line that is in the
Pantanel in preparation for OPIC or IDB financing.
  Cuiaba II - We have been working with the team to develop a strategy to
address the siting of compression stations so that the environmentalists will
not create major problems.  This is a problem for both Phase I and II.
  EES Projects in Southern Cone and Eastern Europe - We have met with the
IDB, IFC and OPIC and have arrived at an agreed upon financing strucure which
now awaits EES projects in these regions.

 In the past six months we have also been involved in supporting our existing
asset base on a variety of issues before these institutions as well as to
agencies of the USG:
  Dominican Republic - Have been working with the DR team to broaden pressure
on the government regarding our payment problems, including the IFC and World
Bank, the IDB and the USG, especially State, Treasury and DOE.
  Trakya, Turkey -   We have been working with the asset team to mobilize USG
support through OPIC, EXIM, state and Treasury to address payment problems.
the USG is now aggressively supporting Enron in our effort to get these
issues under control.  We are also in discussion with OPIC and EXIM about the
prospective selldown of our equity interest in Trakya, as we are for Cuiaba
and Dabhol.

 In the past six months we have also been involved in a range of other issues
of importance to the company:
  Transfer issues:  I have developed a strategy as to how to approach OPIC,
EXIM, MIGA and the other financing institutions in the event there is a
transfer situation. We are now awaiting whether it will be needed.
  OPIC in Mexico:  As part of our overarching relationship with OPIC we have
agreed to spearhead an initiastive to assist OIPIC develop a program in
Mexico.  that effort has been very well received by OPIC and George Munoz and
is ongoing.
  EXIM Relationship:  As part of our effort to establish a relationship with
EXIM and Chairman Jim Harmon we agreed to spearhead the analysis of the
market windows issue.  the effort has been very well received; Joe Sutton is
now on the EXIM Advisory Board and Enron will be on the commission
considering EXIM's future.  Harmon and EXIM have been very complimentary of
Enron's initiative in this regard.
  Environmental Issues:  I am working with Kelly Kimberly and her team, and
with the Southern Cone to better address our environmental needs in that
region and throughout the emerging markets.

EES financing

Liberalization efforts - SCone, Petrobras

OPIC - efforts in Mexico


Tanya:

FYI.  This is the meeting you will be attending for Vince tomorrow.

Thanks!

Shirley

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 09/28/2000
10:09 AM ---------------------------

Dorothy Youngblood
09/28/2000 09:11 AM
To: Karen K Heathman/HOU/ECT@ECT, Jo Corbitt/NA/Enron@Enron, Rita
Hennessy/NA/Enron@Enron, Cherylene R Westbrook/HOU/ECT@ECT, Shirley
Crenshaw/HOU/ECT@ECT, Peggy McCurley/HOU/ECT@ECT, Patti Thompson/HOU/ECT@ECT,
Giselle James/Corp/Enron@ENRON
cc:
Subject: Risk Systems Enhancements Meeting 9/29/00 - 11:30 - 1:00 p.m.EB2868

Ladies,

Good Morning,

Just a reminder of the above referenced meeting will be held tomorrow
9/29/2000 @ 11:30 a.m. - 1:00 p.m.  Lunch will be served.

   ATTENDEES:

   Rick Buy
   Sally Beck
   Philippe Bibi (or representative from his Group)
   Bill Bradford
   Debbie Brackett
   Vince Kaminski (or representative from his Group)
   Ted Murphy
   Beth Perlman
   David Port
   Stephen Stock

Thank you in advance..

Dorothy
3-6114

---------------------- Forwarded by Dorothy Youngblood/HOU/ECT on 09/28/2000
08:37 AM ---------------------------

Dorothy Youngblood
09/21/2000 11:41 AM
To: Karen K Heathman/HOU/ECT@ECT, Jo Corbitt/NA/Enron@Enron, Rita
Hennessy/NA/Enron@Enron, Cherylene R Westbrook/HOU/ECT@ECT, Shirley
Crenshaw/HOU/ECT@ECT, Peggy McCurley/HOU/ECT@ECT, Patti Thompson/HOU/ECT@ECT,
Giselle James/Corp/Enron@ENRON
cc:
Subject: Risk Systems Enhancements Meeting 9/22/00 - 11:30 - 1:00 p.m.EB2868

Ladies,

Just a quick reminder about the meeting tomorrow.  Lunch will be served -- so
each of your bosses or their representatives will be served.  So they do not
have to worry about bringing their lunches.  YEAH!!!!!

   ATTENDEES:

   Rick Buy
   Sally Beck
   Philippe Bibi (or representative from his Group)
   Bill Bradford
   Debbie Brackett
   Vince Kaminski (or representative from his Group)
   Ted Murphy
   Beth Perlman
   David Port
   Stephen Stock

Please see below:

   MENU

   Blackened  Chicken
   Fettuccine
   Fresh Seasonal Vegetables
   Ceasar Salad  w/Assorted Dressings
   Fresh Baked Rolls w/Butter
   Bottled Water
   Assorted Drinks
   Cookies (Assorted)

Thank you very much in advance.

Thanks..dy

---------------------- Forwarded by Dorothy Youngblood/HOU/ECT on 09/21/2000
10:59 AM ---------------------------

Dorothy Youngblood
09/19/2000 12:52 PM
To: Karen K Heathman/HOU/ECT@ECT, Jo Corbitt/NA/Enron@Enron, Rita
Hennessy/NA/Enron@Enron, Cherylene R Westbrook/HOU/ECT@ECT, Shirley
Crenshaw/HOU/ECT@ECT, Peggy McCurley/HOU/ECT@ECT, Patti Thompson/HOU/ECT@ECT,
Giselle James/Corp/Enron@ENRON
cc:
Subject: Risk Systems Enhancements Meeting

Ladies

Rick Buy would like to have the above meeting on a weekly basis.  Debbie
Brackett asked that I send an email to invite your bosses.  The meeting will
be from 11:30 a.m. - 1:00 p.m.  This meeting will be held each Friday - room
EB2868 for the rest of the year.

   Attendees:

   Rick Buy
   Bill Bradford
   Debbie Brackett
   Philippe Bibi
   Ted Murphy
   David Port
   Stephen Stock
   Vince Kaminski
   Beth Perlman
   Sally Beck

Thank you

Dorothy
3-6114
---------------------- Forwarded by Dorothy Youngblood/HOU/ECT on 09/19/2000
12:29 PM ---------------------------

From:  Debbie R Brackett
       09/11/2000 10:09 AM

To: Dorothy Youngblood/HOU/ECT@ECT
cc:
Subject: RAC IT Improvement Projects

---------------------- Forwarded by Debbie R Brackett/HOU/ECT on 09/11/2000
10:09 AM ---------------------------

	Rick Buy @ ENRON
	09/07/2000 04:35 PM

Sent by: Jo Corbitt@ENRON
To: Sally Beck/HOU/ECT@ECT, Philippe A Bibi/HOU/ECT@ECT, Debbie R
Brackett/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Mike
Jordan/LON/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT
cc: John J Lavorato/Corp/Enron@Enron, Mike McConnell/HOU/ECT@ECT, John
Sherriff/LON/ECT@ECT
Subject: RAC IT Improvement Projects