Dear Colleagues:

We are writing to remind you of an opportunity for in-depth education on
electric power restructuring in Texas through a training workshop offered
by the University of Houston.

With the passage of Senate Bill 7, Texas is moving forward with electric
power restructuring.  What will the new marketplace look like?  How will it
function?  How will existing business opportunities be affected, and what
new ones are likely to emerge?  Join us for a comprehensive two-day
training workshop March 1-2, 2000 that addresses these issues and
accommodates both new and experienced professionals.  Hosted by the Energy
Institute at the University of Houston's College of Business
Administration, the training workshop features an introductory day that
will refresh participants on the basics of the electric power market and
key aspects of the restructuring process in Texas and the U.S.  The second
day targets advanced issues in the emerging marketplace and case studies
for practicioners.  The training workshop will be held at the Center for
Executive Development at the UH-CBA.  Instructors are Ms. Dottie Anderson
and Mr. Jim Stanton, each with extensive experience in the power industry
and ERCOT implementation, and Dr. Michelle Michot Foss, director of the
Energy Institute (see biographies, following workshop details).  To
register, return the form below with your information.  Payment, or an
indication of payment, must be received by Monday, February 28.  For more
information, contact energyinstitute@uh.edu or telephone 713-743-4634.
This workshop is appropriate for new and/or advanced professionals in
operations, trading, marketing, planning, public and regulatory affairs and
in related fields such as law and accounting.

NEW ERA IN ELECTRIC POWER VALUE CREATION
Energy Institute
University of Houston -- College of Business Administration
Center for Executive Development Facilities
Melcher Hall -- Main Campus

REGISTRATION (RETURN BY FEBRUARY 28, 2000 WITH PAYMENT OR INDICATION OF
PAYMENT)
Workshop Pricing:
Full course, March 1 and 2 -- $950 per person (government agencies and
nonprofits, $475 per person); for groups of 3 or more from a single
organization, $900 per person ($425 for government agencies and nonprofits)
Advanced audiences, March 2 only -- $700 (government agencies and
nonprofits, $350); for groups of 3 or more from a single organization, $650
per person ($375 for government agencies and nonprofits)
Fee includes all workshop materials, meals, refreshments and parking at
UH-CBA.  Sorry, we do not accept credit card payment.  Lodging for
out-of-town participants is available at the University of Houston Hilton
Hotel at your own cost.  You may contact the Hilton at 713-741-2447 for
reservation information.

Name(s) and Title(s):

Organization:

Address:

Telephone/Fax/E-mail for Contact:

Total Payment and Form of Payment:

CEU Credit Desired (yes/no):

TRAINING WORKSHOP DETAILS
March 1, 2000 -- Principles
8:30 - 9:30 Introduction and Workshop Overview
9:30 - 10:30 Regulatory Framework: National Electricity Reliability Council
(NERC), Federal Energy Regulatory Commission (FERC), and Electric
Reliability Council of Texas (ERCOT)
10:30 - 10:45 Break
10:45 - 12:00  Operational, Marketing and Trading Basics
12:00 - 1:00 Lunch
1:00 - 1:30 Texas Senate Bill 7 Overview
1:30 - 2:00 Public Utility Commission (PUC)-Texas Basic Rule Making
2:00 - 3:00 ERCOT Independent System Operator (ISO) Functions and Governance
3:00 - 3:15 Break
3:15 - 5:00 ERCOT Issues By Committee
*Restructuring Policy Development
*Ancillary Services
*Single Control Area
*Settlement/Registration
*Congestion Management
*Standard Interconnection Agreement
5:00 - 6:30 Social

March 2 -- Advanced Application
8:30 - 12:00 Regional Transmission Organizations (RTOs) and the FERC Notice
of Proposed Rulemaking (NOPR)
Future of ISOs
Status of the NOPR, Public Comments Made
ISOs Under Development: ERCOT, Midwest, Desert Star
12:00 - 1:00 Lunch
1:00 - Case Studies
*Changing Electricity Providers: Town Hall Issues
Bringing together the elements of regulatory activity, market power and
restructuring to the retail level, this exercise allows the participants to
make active decisions as our experimental "town" weighs the option of
separating from its traditional electricity provider and treading the
waters of competition. Our group will assume roles centered around
"regulators," "power marketers," the present "investor owned utility" and
the "town" itself. A town meeting will be convened in which each entity is
allowed to present their issues in an effort to persuade municipal
decision-makers that theirs is the best option. Embedded in the exercise is
the regulatory and operational framework that is built into the modules
leading up to this participatory segment. Frequent references to the basic
materials provided to the workshop participants will be encouraged in the
process of moderating discussions that the workshop facilitators will
implement.
*Congestion Management
Congestion management is one of the most critical components of ERCOT
implementation.  A number of approaches exist for pricing electricity
during periods of high demand.  Each methodology bears important
consequences for both providors and customers.  Workshop participants will
participate in construction of a virtual transmission grid and experiment
with different methods of managing congestion.
4:00 Re-cap, Q&A

INSTRUCTORS
Ms. Dottie Anderson
Ms. Anderson has over 19 years experience in the energy industry with
extensive experience in federal and state regulatory policy analysis and
advocacy on behalf of natural gas and electric companies.  She is currently
President and Managing Principal of consulting firm specializing in policy
development and strategic analysis and planning for the electric and
natural gas industries.  Ms. Anderson served as member of steering
committee responsible for coordinating the stakeholder process in the PJM
restructuring meetings and also actively participated in developing the
governance structure for PJM.  She was a member of  Stakeholder Group that
designed wholesale market rules for Texas in 1996 and currently serves as
one of the Power Marketer Segment representatives on the ERCOT Technical
Advisory Committee and Chair of  the Congestion Management Working Group
developing a congestion management mechanism for use when Texas begins its
retail access pilot in June 2001.  She has participated in  ERCOT Technical
Advisory Committees Ad Hoc Committees on Transmission Adequacy and
Possible Impacts of Future Electric Market Changes on the Independent
System Operator and now involved in the broad-based stakeholder processes
to restructure markets in Texas in response to legislation passed in May
1999.  She also is Chair of NERC Market Interface Committee a Standing
Committee addressing commercial business practices and standards in the
electric industry and their interface with reliability. In collaboration
with ERCOT ISO Staff, Ms. Anderson developed training seminar for
conducting business in ERCOT under the PUCT's Open Access Transmission
Rules and participated as a course instructor on the transition from NERC
to NAERO. She also participated as a course instructor in the annual ERCOT
ISO Operator Training Program. She participated as a member of Government
Interface Issues Task Force, a group participating in NERC restructuring
process by addressing issues related to federal legislation and
participation by Canada in a North American self-regulation reliability
organization.  Ms Anderson is a Certificated Search Conference Manager by
New Mexico State University for completion of training in Designing and
Managing Search Conferences and Participative Design Workshops conducted by
Dr. Merrelyn Emery, Australian National University.

Mr. Jim Stanton
Mr. Stanton has 15 years in the electric power industry, divided between
state agencies, investor owned utilities and power marketing.  His
background in generation, transmission and systems operations has proven
valuable in the constantly changing world of power. Combining a BS in
management with a working knowledge of the commercial electric power
business gives Mr. Stanton a unique view of the operational challenges of
the industry, and most especially, the people who make it work on a daily
basis. Mr. Stanton is a certified System Operator in the Southwest Power
Pool and with the North American Reliability Council. He is currently
involved with policy development in both ERCOT and the Midwest Independent
System Operator.

Dr. Michelle Michot Foss
Dr. Michot Foss has been an analyst of U.S. and foreign energy and non-fuel
resource development and environmental issues for nearly 21 years.  She has
a particular focus on policy and regulatory frameworks for energy
commercialization and energy business enterprise strategy and firm/industry
structure.  Dr. Michot Foss has been involved extensively in research and
consulting on North American natural gas and electric power restructuring
and convergence and development of continental cross-border trade and
related issues.  She is participating in ERCOT technical advisory committee
workshops and committee processes for SB7 implementation.  Dr. Michot Foss
speaks and writes frequently on energy issues and energy sector
restructuring in North and South America, Western Europe, Japan and other
world regions.

ABOUT THE ENERGY INSTITUTE
The Institute is engaged in business and public policy issues associated
with commercial energy development worldwide.  Major portfolio areas for
the Institute are worldwide gas and power market development (with emphasis
on North America, the northern Andes, western Europe, the Black
Sea/Caucasus/Caspian region and East Asia), Best Practices in Energy Sector
Reform, special topics in energy technology and markets and energy
commodity trading and marketing and The Energy Business Enterprise of the
Future.  In addition, the Institute provides research and training
initiatives in the U.S., Canada, Mexico and Latin America, China, the NIS
region, and other countries and is developing both a non-degree
professional commercial practices program and an international training
program on oil and gas sector reform and commercial development.  Faculty
members are drawn from Business Administration, Law, Economics, Geosciences
and Engineering.  The Institute is underwritten by leading oil, gas and
electric power companies and consultancies.  With the Center for Global
Studies at the Houston Advanced Research Center, the Institute published
the Guide to Electric Power in Texas as a public service for electric power
restructuring.  The Guide is recognized as one of the most widely used
resources by business and government participants.
**********
"This E-Mail contains information which is privileged, confidential and
protected
from disclosure. Please do not disclose the contents or take copies without
contacting us first. Thank you."

Michelle Michot Foss, Ph.D.
Director, Energy Institute
College of Business Administration
University of Houston
Houston, TX  77204-6283
Tel: 713-743-4634
Fax: 713-743-4881
PLEASE NOTE OUR NEW EMAIL ADDRESSES!
E-mail: mmfoss@uh.edu
Web: http://www.uh.edu/energyinstitute/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
CBA Energy Institute
University of Houston
4800 Calhoun, MH320
Houston, TX 77204-6283
(713) 743-4634
fx: (713) 743-4881
email:  energyinstitute@uh.edu
web:  www.uh.edu/energyinstitute


Start Date: 10/18/01; HourAhead hour: 1;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001101801.txt

Error retrieving HourAhead price data - process continuing...


So far no one has declined, and everyone is interested.  Lynch is in,
Littlechild is interested, Harris is interested. Allen, could you work on
Hoecker and Markey?  I'll see what I can find out about Markey and Barton.

Lee is making progress on a few more fundraising avenues so GSPP will handle
that.

We'll need to figure out our next tier of speakers soon.  I want to make sure
that all of you have all the information you want but I'm getting the sense
that
conference calls are too time-consuming.   What if I give a weekly update and
you can all respond to the group if you choose? I think our last call
established a vision of the conference and the rest is day-to-day management
for
which we don't need a committee meeting.  I would suggest one modification of
the vision, though.  We need a little better balance of policy perspectives to
make sure we get the real decision-makers.  To modify the GSPP motto, we can
speak truth with power better if we add a couple big players like Rep. Barton
who is an important figure with conservative views.  I think the conference
would be more interesting, attract more of an audience and more sponsorship,
and
make more progress.  Comments?  I may be out of town the next couple days so
you
won't hear from me.
Rob

> -----Original Message-----
> From: Malcolm, Kim [SMTP:kim@cpuc.ca.gov]
> Sent: Friday, September 08, 2000 8:28 PM
> To: 'gramlr@pjm.com'; Malcolm, Kim
> Cc: lfried@uclink4.berkeley.edu
> Subject: RE: Energy Summit
>
> Rob, Thanks for the detail -- the Commissioner is very interested in
speaking
> and she appears to be available that day.  Please call Charlene Lundy at 415
> 7032444.  And let's talk soon --
>
>


Start Date: 4/13/01; HourAhead hour: 21;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041321.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 21 / Preferred: -175.00 / Final: -174.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/13/01
  TRADING_SC: ECH1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


Attached is a revised Credit Watch listing as of 4/02/01.
If there are any personnel in your group that were not included in this
distribution, please insure that they receive a copy of this report.
To add additional people to this distribution, or if this report has been
sent to you in error, please contact Veronica Espinoza at x6-6002.
For other questions, please contact Bill Bradford at x3-3831, Russell Diamond
at x5-7095, or Brant Reves at x3-9897.


Hi, Una!

I don't know if you can help me or not, but I need the below agreements ASAP.  We have to finalize a master netting agreement and the lawyer over here needs to see the agreements.  If you are not the right person, will you forward my e-mail on?

Thanks!

Marie

 -----Original Message-----
From: 	Heard, Marie
Sent:	Wednesday, November 14, 2001 11:23 AM
To:	Cooper, Edmund
Subject:	BNP Master Netting Agreement
Importance:	High

Hi, Edmund!

Can you help me obtain copies of some of your executed documents with BNP?  I need copies of the following:

1.	ECTRIC/BNPP ISDA

2.	Enron Credit Limited/BNPP ISDA

3.	ECTD /BNPP physical UK gas confirm (representative sample)

I hope you know who ECTD is cause I sure don't.  I am only assuming that because it's UK gas, it's a UK company.

My fax is (713) 646-3490.

Thanks for your help!

Marie


Eric Gillaspie
713-345-7667
Enron Building 3886
----- Forwarded by Eric Gillaspie/HOU/ECT on 05/08/2001 08:48 AM -----

	Greg Brazaitis
	05/07/2001 04:32 PM

		 To: Eric Gillaspie/HOU/ECT@ECT
		 cc:
		 Subject: Brazos Valley Project, L.P.; Comments on the Draft Interconnect
Agreement

Eric,
I received the following request for changes from Avista Steag through Pace
Global for the Brazos Valley Project Interconnection Agreement.  Please
review and comment:

Item 2.   Engineering, Design and Construction:
In the fourth line, after the words " ...sound and prudent natural gas....",
add the phrase "and with sound and prudent natural gas pipeline" industry
practice'  .

Item 5ii. Quality Specification and Measurement:
In the second line, after the words "...to the Standards.", add the phrase
"and with sound and prudent natural gas pipeline industry practice".

Item 9.  Term.
Delete the paragraph on term and add the following:  "This Agreement shall be
effective as of thes date herein writtten above and shall remain in full
force and effect for a primary term of twenty years ("Primary Term"), and
shall continue in full force and effect thereafter so long as there is an
agreement in effect that provides for the delivery or receipt of gas by or
for HPL or its affiliate(s) or designee(s) at or through the Delivery Point
("Transportation Agreement"); provided, that after the Primary Term of this
Agreement, upon the expiration or termination of any such Transportation
Agreement, either Party may terminate this Agreement upon 60 days prior
written notice to the other Party.


calendar - fyi
---------------------- Forwarded by Steven J Kean/NA/Enron on 05/04/2001
03:08 PM ---------------------------

Jeffrey Keeler
05/03/2001 10:48 AM
To: Steven J Kean/NA/Enron@Enron, Rob Bradley/Corp/Enron@ENRON, Richard
Shapiro/NA/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Susan
Worthen/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marc Phillips/OTS/Enron@ENRON,
Henry Van/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gavin
Dillingham/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gus Eghneim/Corp/Enron@Enron,
Mark Palmer/Corp/Enron@ENRON, Ann M Schmidt/Corp/Enron@ENRON, Kelly
Kimberly/Enron Communications@Enron Communications, Catherine
McKalip-Thompson/Enron Communications@Enron Communications, Lauren
Iannarone/NY/ECT@ECT
cc:

Subject: Emissions Strategy Meeting

Sent by:  Lisa Jacobson, Environmental Strategies
___________

PLEASE LET US KNOW YOUR AVAILABILITY!

The Environmental Strategies Group will convene an "Emissions Strategy
Meeting" in mid-May to discuss global emissions issues -- such as climate
change and U.S. multipollutant legislation -- and explore some of the
potential business opportunities for Enron commercial groups.

The primary objectives of the session are to 1) provide you with the latest
information on emissions regulation, markets, and Enron's advocacy efforts
worldwide and 2) receive feedback on your commercial interests and input on
policy options so that we may develop the best business and policy strategies
for Enron in both the short and long term.  We invite you or a member of your
group to participate in this important strategic discussion.

Our target dates are May 16, 17 or 18 in Houston (likely time is 10 a.m. - 2
p.m.).  Please respond immediately with your best available dates so we can
finalize our arrangements.

Please review the attached invitation and preliminary agenda.  If you have
any questions or suggestions in advance of the meeting, do not hesitate to
contact me of Jeff Keeler.

We look forward to your participation.

Lisa Jacobson
Manager, Environmental Strategies
Enron
(202) 466-9176


FYI
 -----Original Message-----
From:  Comnes, Alan
Sent: Friday, July 13, 2001 11:05 AM
To: Dernehl, Ginger; Steffes, James; Kingerski, Harry; Benson, Eric
Cc: Comnes, Alan
Subject: Project Requires RCR

The following project requires RCR:
Project Lead: Alan Comnes
Project Name: QF Contract Restructuring
RCR Title: Regulatory and Project Intelligence re QFs
Proposed Expenditure: $5,000.00
To see more detail on this project, click on the following link >>>


Here is the latest version of section 1.


Please find attached Credit's EOL responses for 12/15.

Regards
Molly


Please go into your SAP profiles and check your Profile information for
accuracy.
We should be able to edit or update certain fields.   Please make sure your
Cost Center is 105590.
Should you have any trouble making changes please call me, and I'll help if
possible, or ask HR to correct your information.
         Please advise when you've had a chance to handle (even if you do not
have any changes).

thanks everyone,
Sandy
---------------------- Forwarded by Sandra R McNichols/HOU/ECT on 12/01/2000
02:01 PM ---------------------------

Adrial Boals@ENRON
12/01/2000 01:51 PM
To: Sandra R McNichols/HOU/ECT@ECT, Julissa Marron/Corp/Enron@ENRON
cc: James Scribner/Corp/Enron@Enron
Subject: SAP Update

Please coordinate with each person you support and have each person update
their profile in SAP before next pay period.  It very important everyone is
being charged to the proper cost center and company number. Please let me
know if you have any questions.

Thank you,
Adrial Boals
X58849


Due to name corrections and by request, the following short names will be
changed in GCP tomorrow, December 6, after 1:p CST.  The changes to the legal
names were made on the dates indicated.

If there is any objection, please let me know.

Thanks,

Cheryl x3-3103


Tana,
I was not sure if this was done yet. You might have already emailed me but I
cannot seem to locate it.
Can you let know?
Thanks!

From:  Jennifer deBoisblanc Denny
                03/16/2001 08:43 AM

To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: transaction cancellation 3q @ 4q nymex heat cracks with hess
energy trading co on eol on March 15 2001 @ $3.83 and $5.21

just got your email this morning - call me on Monday.
Have a good weekend!

From: Tana Jones on 03/15/2001 06:04 PM
To: Jennifer deBoisblanc Denny/HOU/ECT@ECT
cc:
Subject: Re: transaction cancellation 3q @ 4q nymex heat cracks with hess
energy trading co on eol on March 15 2001 @ $3.83 and $5.21

Jennifer,

If you're still there give me a call in calgary about this, I'm at
403/974-6745.

	Jennifer deBoisblanc Denny
	03/15/01 03:01 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT, Mary Griff Gray/HOU/ECT@ECT, Sheri
Thomas/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT,
Shifali Sharma/NA/Enron, Kim S Theriot/HOU/ECT@ECT, Larry
Gagliardi/Corp/Enron@Enron
		 Subject: transaction cancellation 3q @ 4q nymex heat cracks with hess energy
trading co on eol on March 15 2001 @ $3.83 and $5.21

Mark,
The customer changed their mind again & wants an termination letter produced
for the 2 deals attached.

Tana,
Please let me know if you need any other information in order to create the
documentation neccessary.
Thank you for your help.

Jennifer
3-5824

---------------------- Forwarded by Jennifer deBoisblanc Denny/HOU/ECT on
03/15/2001 02:41 PM ---------------------------

Larry Gagliardi@ENRON
03/15/2001 02:38 PM
To: Jennifer deBoisblanc Denny/HOU/ECT@ECT
cc:
Subject: transaction cancellation 3q @ 4q nymex heat cracks with hess energy
trading co on eol on March 15 2001 @ $3.83 and $5.21

Hetco  and Enron have mutually agreed to cancel these transactions and not
net them out via eol. Sorry for any confusion. Please send them the
apropriate paperwork. Thank You


FYI - we are moving our local production behind Peoples to Clinton's pool.

John, I assume you will be the one talking to the producer.

---------------------- Forwarded by Chris Germany/HOU/ECT on 07/14/2000 07:31
AM ---------------------------

Carol_A._Miller@DOM.COM on 07/14/2000 06:37:50 AM
To: pleanza@enron.com
cc: kdestep@ceg.com, dkinney@ceg.com, Chris_Germany@enron.com,
jdietric@enron.com, rsurwill@enron.com, hboyd@ceg.com
Subject: Re: Local Production July 00

Paul,

An Amendment to Appendix "C" will need to completed by both the pool that the
meters are being transferred from and the pool that the meters are being
transferred to.  I have discussed this issue with Heidi Boyd at Columbia
Energy
and I believe she will complete this form on their behalf in order to delete
the
meters.  You will also need to complete this form in order to add the meters
to
Clinton's LGA pool once the Pooling Agreement has been completed and the pool
becomes effective.  I will fax the form to Heidi this morning.  It must also
be
signed by the producer.  Please confirm your fax number (614-760-2794) and I
will be happy to fax the form to you as well.

Carol

"Paul J Leanza" <pleanza@enron.com> on 07/13/2000 05:34:12 PM

To:   Carol A. Miller/HQ/PG/CNG@CNGNOTES
cc:   kdestep@ceg.com, dkinney@ceg.com, "Chris Germany"
      <Chris_Germany@enron.com>, "John Dietrich" <jdietric@enron.com>, "Ron
      Surwill" <rsurwill@enron.com>, hboyd@ceg.com
Subject:  Re: Local Production July 00

Carol,
Once our production pool is set up, I would like to transfer the CES/ENA
meters
into our pool.  What do you need from me to transfer these meters?

Thanks,
Paul

---------------------- Forwarded by Paul J Leanza/DUB/EES on 07/13/2000 05:23
PM
---------------------------

Chris Germany@ECT
07/13/2000 04:58 PM

To:   Paul J Leanza/DUB/EES@EES
cc:
Subject:  Re: Local Production July 00

---------------------- Forwarded by Chris Germany/HOU/ECT on 07/13/2000 03:58
PM
---------------------------

hboyd@columbiaenergygroup.com on 07/13/2000 12:58:49 PM

To:   " - *Carol_A_Miller@dom.com" <Carol_A_Miller@dom.com>
cc:   " - *Destephanis, Kara" <kdestep@columbiaenergygroup.com>, " - *Kinney,
      Doug" <dkinney@columbiaenergygroup.com>, " - *chris.germany@enron.com"
      <chris.germany@enron.com>
Subject:  Re: Local Production July 00

Hi Carol,

Can you help me with the below information?  I am looking to turn over our
local production.  After August we won't be in business anymore and this local
production that is in our name is really Enron North America's local
production.   I had suggested that Enron (Chris Germany) set up a local agg
pool or if he was selling it to someone else to let me know so that we can
turn
this production over ASAP.   I am looking to write a letter to Peoples to give
them formal intent and need to know if I need to include meter identification
numbers in the letter (currently I do not know what these numbers are).

I apologize for this being such a mess, but I have been trying to get this
cleared up and seem to have no luck.

Thanks again for your help.

cc:
Subject:  Local Production July 00

Hi Karen,

Please nominate a volume of 24,800 dth's for the month of July 00 for CES'
local production.

Please let me know if you need something more from me.  I understand that
Clinton Energy is setting up a pool and will soon be able to take over our
local production.  I will be sending in a letter soon relinquishing the local
production, is there a meter number or identification number that I will need
to mention in the letter?

Thanks,
Heidi Boyd
703-561-6496


I made a couple of suggestions on slide 17: a wording change in the first
bullet and I dropped ECT from the example list -- I think the EES and EBS
examples are more alike and make the point more cleanly.

I think showing the ranges for MDs on slides 14 and 19 is fine.

I didn't see a reference to the possibility of an EMD level.  I think that's
probably OK -- Jeff can still speak to it if he wants to when he discusses
the ranges in the MD level.


(See attached file: HPLN0405.xls)

 - HPLN0405.xls


-----Original Message-----
From: Alice Barton [mailto:energy_list@spencerstuart.com]
Sent: Wednesday, January 16, 2002 1:18 PM
To: Lokay, Michelle
Subject: As A Promising Energy Professional...

Industry sources have identified you as a promising energy professional and we invite you to join our free and exclusive Spencer Stuart Talent Network (SSTN) member database.  SSTN is a leadership development and recruitment service from one of the premier executive search firms in the world.  We invite you to register today at http://www.spencerstuart.com/?promoCode=ENERGY

As you may know, Spencer Stuart is one of the world's most exclusive executive search firms.  SpencerStuart.com is our award winning web site and it leverages the quality senior-level relationships and expertise that have been Spencer Stuart's hallmark for over 45 years.  As one of the world's most experienced and trusted executive recruitment firms, we'll provide access to the world's best clients and most desirable positions.

It takes only ten minutes to join this community of rising stars. You will be asked to complete a simple four-step registration process.  Register today and you'll immediately gain access to a wealth of leadership development and recruitment services.

If you have registered, we thank you. You have already taken a major step on your path to professional development and we look forward to providing compelling leadership development and recruitment services to enrich your career endeavors.

If you haven't registered yet, please note that membership with SpencerStuart.com is free and is the most effective way for us to alert you of new opportunities, whether you are actively looking or just curious about what's available in the marketplace. You will also be able to leverage the wealth of career advice and resources available right on the site.

So, spend your next ten minutes planning your next ten years.

Register today at http://www.spencerstuart.com/registration/content/en/us/calltoregister.asp?promoCode=ENERGY

Best wishes,

The Spencer Stuart Talent Network Team

PS - Be sure to pass this on to interested friends or associates.

--------------------------------------------
To unsubscribe from this list, reply to this message with "remove" in the subject line.


Stacey,

I'd like to notify you that tomorrow, January 31st, 2002 will be my last day at Enron.  I am resigning to pursue another career opportunity.  It has been good working with you, and I wish you and your team all the best.

Tim Carter


Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 02/09/2001 11:29 AM -----

	Jeff Nogid
	02/09/2001 10:53 AM

		 To: Tim DeSpain/HOU/ECT@ECT, Clint Freeland/Corp/Enron@Enron, Marion
Sczykutowicz/HOU/ECT@ECT, Jim Newgard/HOU/ECT@ECT, Gareth
Bahlmann/HOU/ECT@ECT, Beth Perlman/enron@EnronXgate, John
Norden/Enron@EnronXGate, Ilene@wibbet.com, jNogid@aol.com,
finkelstein@willcap.com, Margaret_gleim@sumitomobank.com, Clement
Abrams/Corp/Enron@ENRON, phil.r.bennett@ncmi.com, tblair@bear.com, Kate
Brooks, ddenenberg@cobrinandgittes.com, denenbergd@wemed.com,
Rvdisanto@aol.com, Joel Ephross/Corp/Enron@ENRON, Jill Erwin/HOU/ECT@ECT,
Dolores Escamilla/HOU/ECT@ECT, afefer@admin4.hsc.tmc.edu, fink@sbcm.com, Paul
Garcia/Enron@EnronXGate, Jerry Gehman, Jacqueline_Gerardi@sumitomobank.com,
PGordon@marimba.com, Neil Hong/HOU/ECT@ECT, Andrew Kelemen/HOU/ECT@ECT,
michael.kendrot@csfb.com, casey.krzystek@us.cibc.com, llaw@bear.com, Vincent
Larkin, christine.lee@wdr.com, llevine@trade.com, Carl Livermore/Enron
Communications@Enron Communications, TMLuzio@netzero.net, ray_miranda@ml.com,
Ross.Newman@db.com, peter.o'malley@csfb.com, Gary Peng/GPGFIN/Enron@ENRON,
jp102364@yahoo.com, pulver@un.org, Steve Ross/HOU/ECT@ECT,
dschloss@bethyeshurun.org, david.c.scott@ncmi.com, Sara
Shackleton/HOU/ECT@ECT, Angela.Streater@scotiacapital.com, AnnMarie
Tiller/Corp/Enron@ENRON, David.Wood@abnamro.com, Jo.zepeda@enron.com
		 cc:
		 Subject: It's sad but true

Jeff Nogid
Enron Global Finance
713-853-4782

To:   (see below)
Subject:  (no subject)

"BEFORE and AFTER MARRIAGE"

Before - You take my breath away.
After - I feel like I'm suffocating.

Before - Twice a night.
After - Twice a month.

Before - She loves the way I take control of a
Situation.
After - She called me a controlling, manipulative,
egomaniac.

Before - Ricky & Lucy.
After - Fred & Ethel.

Before - Saturday Night Live.
After - Monday Night Football.

Before - He makes me feel like a million dollars.
After - If I had a dime for every stupid thing he's
done...

Before - Don't Stop.
After - Don't Start.

Before - The Sound of Music.
After - The Sound of Silence.

Before - Is that all you are eating?
After - Maybe you should just have a salad, honey.

Before - Wheel of Fortune.
After - Jeopardy.

Before - It's like living a dream.
After - It's a nightmare.

Before - $60/dozen.
After - $1.50/stem.

Before - Turbocharged.
After - Needs a jump-start

Before - We agree on everything!
After - Doesn't she have a mind of her own?

Before - Victoria's Secret.
After - Fruit of the Loom.

Before - Feathers & handcuffs.
After - Ball and chain.

Before - Idol.
After - Idle.

Before - He's lost without me.
After - Why can't he ask for directions?

Before - When together, time stands still.
After - This relationship is going nowhere.

Before - Croissant and cappuccino.
After - Bagels and instant coffee.

Before - Oysters.
After - Fishsticks.

Before - I can hardly believe we found each other.
After - How the hell did I end up with someone like
you?

Before - Romeo and Juliet.
After - Bill and Hillary..


This is to confirm  the meeting will take place on Friday, January 21 at
12:00 - 5:00p,  at the DoubleTree Hotel, 400 Dallas Street.
The meeting room is Suite 407.

Those in attendance:

 Rick Buy
 Ted Murphy
 Rick Carson
 Vince Kaminski
 Dave Gorte
 Kevin Kindall
 Grant Masson

Lunch will begin at 12:00 noon and a snack will be served at 2:30p.

Please give me a call with questions at x31881.


Just got this and am forwarding in case Scott didn't already send it to you.

-----Original Message-----
From: Scott Tomashefsky [mailto:Stomashe@energy.state.ca.us]
Sent: Thursday, December 16, 1999 3:03 PM
To: bcragg@gmssr.com; jsqueri@gmssr.com
Subject: Siting Committee Ruling (99-DIST-GEN(2))

Attached is the unofficial version of a Siting Committee Ruling signed this
afternoon in 99-DIST-GEN(2).  The ruling established the basic framework by
which the Commission will develop recommended interconnection rules
affecting DG proponents and IOUs.  In the interest of getting this note out
today, I am using the e-mail list generated from R.98-12-015, rather than
the new list.  I will ensure that future correspondence use the R.99-10-025
service list.

The official version will be placed in the mail tomorrow and also posted on
our website.  If you have any questions, please feel free to contact me via
e-mail or by phone.

Scott Tomashefsky
California Energy Commission
(916) 654-4896
stomashe@energy.state.ca.us

 - Siting Committee Order 1.doc


BUSINESS HIGHLIGHTS

Weather Group

Let,s give a big round of applause to the Weather Team!  Environmental
Finance Magazine ranked the weather group #1 in Online Services and #1 Dealer
in the United States and Europe.  Gary Taylor, manager in weather trading,
comments, "The "Best Dealer" award reflects our counterparties' appreciation
for the significant effort we have made to drive the growth of our market by
making two-sided markets where other companies are only willing to quote
either a bid or an offer.  This award also reflects the innovative nature of
everyone on our desk, and their ability to price non-standard structures for
our customers.  It is truly a team award.  The "Best Online Dealer" award is
simply another testament to the unparalleled success of EnronOnline.  By
providing tight, two-way markets online, we have provided two critical
elements to generate growth in our market: 1) an element of price discovery,
and 2) a quick and easy way to transact."

The Weather Risk Management group launched a new product this week:  Power
Demand swaps.  These contracts use power demand as an index and allow power
market participants (generators, btu distributors, marketers, etc...) to
mitigate volumetric exposures.  The first contract the desk offered is for
the PJM power pool.  On EnronOnline, weekly swaps are available and the desk
has placed option contracts on this index in the broker market.  Inquiries
regarding this product should be directed to Claudio Ribeiro (product
manager) x37313, Gary Taylor x31511, or Valter Stoiani x36906.

Competitive Analysis and Business Controls
eSource, Enron's premier corporate-wide research group, launched their new
intranet product, eSearch, on December 1, 2000.  eSource's team of
specialized researchers have created a web site to bring information and
research to every employee's desktop.  The eSearch web site offers many links
to information resources, access to research databases, specialized searches,
sites to purchase books, articles, and reports, and training.  Employees can
use the web site to conduct their own research or as a vehicle to submit
research requests.  eSource's researchers and industry specialists are
available to all Enron business units to provide timely and cost efficient
research, to work with individuals or groups to fulfill one time research
requests, or to design ongoing, customized monitoring projects or news
updates.

Enron Global Markets Fundamentals
EGM Fundamentals is quickly building a team of expert analysts and associates
to work directly with traders and marketers.  The team is already busy
analyzing various commodities and market situations.  For example, an
initiative is underway to analyze current negative fractionation spreads in
the market resulting from rising natural gas prices.  Web sites to host this
analytical information are currently in development for all EGM commodities.
These sites will provide research and analysis, weather, publications, and
any other information that will assist in decision-making or identification
of potential commercial opportunities.  For questions or requests regarding
fundamental research, contact Jennifer Fraser at x34759.  For questions or
suggestions regarding the web sites, contact Heather Purcell at x54057.

Austin Energy
Austin Energy and Enron Sandhill, L.L.C, a subsidiary of Enron North America
broke ground November 29, 2000 for the construction of the Sand Hill Energy
Center, a 180-megawatt peaking electrical generation facility.  Located in
eastern Travis County, the Sand Hill Energy Center will be a natural gas
fired facility that will operate primarily during peak demand periods.  The
$93.7 million project will feature four 45-megawatt General Electric gas
turbines and will be operational May 1, 2001.

NEWS FROM THE GLOBALFLASH

Coal
The London dry cargo seafreight team traded 1 million metric tonne of
Capesize vessel swaps via EOL in one day, (Wednesday 28th November). The deal
was created by combining OTC options and a physically related cash market
deal.  This helps to bring our YTD EOL to just under 2.5 mln tonne.

Off-shore wind energy deal
Enron Wind has signed a power purchase agreement with Swedish energy company
Graninge.  According to the agreement, Graninge will deliver electricity to
consumers using Enron's wind power plants in southern Sweden.  Enron Wind's
Utgrunden off-shore wind park, completed this year, will generate in the
region of 38,000 megawatt hours of electricity, or enough for around 6,000
average homes between the mainland and the island of Oland on the southeast
tip of Sweden.  In an announcement this week, Graninge stated that it plans
to market the power to consumers as 'green' energy.

Happy 1st Birthday EnronOnline!
This week saw EnronOnline celebrate its first birthday.  During the course of
its first year, EnronOnline has passed a number of milestones including the
addition of a range of new functionalities for customers on the site.
EnronOnline has now come of age, having surpassed the $274 billion mark in
notional value in November.  This represents a total of 478,695 transactions
since the site was launched on 29 November 1999.

The first anniversary was marked by giving the media guest access to
EnronOnline in Europe.  A team from Reuters was invited into Enron House to
receive a full demonstration of EnronOnline and as of today will be able to
quote in reports live prices from EnronOnline.  Other media outlets are being
invited to obtain guest access during the coming weeks as the word of
EnronOnline's success continues to spread...

Australia
Enron Australia continues to assist in the region in a supportive role.
Elliott Katz worked on the GEM migration in Singapore last week with an IT
team from London, Oslo and Singapore.  Approximately 40 users, including
Traders, were migrated to Windows 2000 and the CORP domain.  This is an
important step for the Asia Pacific region, as it brings the three biggest
offices (Singapore, Sydney and Tokyo) into line with corporate standards for
desktop computing.

Japan
E-Power, a JV between Enron and Japanese finance company Orix, has announced
proposals for a 2000MW gas-fired power plant at Mutsu-Ogawara, an industrial
area  in northern Japan.   A feasibility study will be undertaken to define
how the project will go forward and this may include the development of an
LNG terminal in the vicinity.  The nature of the permitting process is such
that the plant would not begin operations for six to seven years.  This
project is just one of several options that E-Power are working on in Japan.

NUGGETS & NOTES

&Go Big or Go Home8 ) Mike McConnell/President & CEO-EGM

"Call Back" - Don Schroeder, VP/Crude Trading-EGM

REMINDER

Holiday Party
Enron North America, Global Markets and Industrial Markets
Enron Field
Saturday, December 9
7:00 - Midnight

WELCOME
New Hires ENA/EIM/EGM
ENA ) Joseph Taylor, Jennifer Rosado, Rabi De, Louis Dicarlo, Scott Churbock,
Kenneth Parkhill, Nicholas Ernst, Dirk Dimitry, Stephanie Taylor, Dimitri
Tagaropulos, Georgia Blanchard, Jona Kimbrough, Jeffrey Baldwin, Patricia
English, Jaesoo Lew, Cheryl Nelson, Gina Abbott, Ryan Keith, Brian Dawson
EGM )Ellen Alexander, Mike Perun

Transfers to ENA/EIM/EGM
ENA ) Gregory Golden
EGM ) Keynan Dutton

FROM THE EDITORS

Thank you to all the contributors to this week's EnTouch.  We want to hear
from the various departments within Enron Americas, Global Markets and
Industrial Markets!  Please continue to send your business highlights,
nuggets & notes or suggestions to Michelle Vitrella or Kathie Grabstald.

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.


Laurel has informed me that anytime you have problems with enpower to call
her.  She has the tools at her house to accomplish the necessary task.

Work  34873
steno 635
pager 713-761-5792
cell 281-381-7430
home 281-286-2076

Theresa
pager 800-718-1341

Thanks
Kayne


What period does the max rate assumption cover. The comment that troubles me more is that we are fully contracted West thru 2005. That is not true.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


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

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

Natalie--this is just an FYI.

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


Do you ever get the feeling that the idea you posted into the Idea Vault isn't looked at by anyone or going anywhere?  Well, listen to this.  Steve Gullion, EES IT manager, deposited an idea about economic data derivatives.  And guess what?  The Xcelerator liked the idea so much that they are now working on a business plan.
Go to the Thinkbank (http://nahou-lnapp01.corp.enron.com/eThink/Thinkbank.nsf/HomePage?OpenPage) now and post the idea that has been brewing in your brain!

We've all heard Jeff Skilling say we need to "earn our way out" of the current Enron share price slump.  One way we can accomplish this is by doing a better job of managing company expenses.  Ask Kevin Hannon, CEO of Enron Global Asset Services and Policy Committee member, all your questions about how we can earn our way out, together.  Tuesday, June 19 on eSpeak at 10 a.m. Houston time.

Can't make the live event?  No worries.  Go to eSpeak (http://ethink.enron.com/eSpeak/exec/default.asp) now and submit your question.  Kevin will try to answer it during his event and you can read the transcript later.

After Kevin's eSpeak, we'll be opening a category in  eMeet http://nahou-lnapp01.corp.enron.com/eThink/eMeet.nsf called "Cost Savings Initiatives" so you can continue talking amongst yourselves and helping Enron save.  (And if you've got some great cost saving ideas, don't forget you can put them into the Idea Vault in the ThinkBank!)


Vince:  Tony Vasut, another recruiter, is bringing Mark Boland in for a
series of interviews on 3/20 and 3/21, and asked if there was any chance that
you or someone in your group would be able to interview him.   His resume is
attached, and I will also send you a list of his deals under separate
cover.    Shirley has told me that you will be in and out for the next
several weeks, so if you are unavailable would you please suggest someone
else in your group who might be able to interview Mark?

Thanks, as always,
Molly

 -----Original Message-----
From:  Vasut, Tony
Sent: Tuesday, March 13, 2001 9:59 AM
To: Magee, Molly
Subject: FW: Mark Boland - CV

Molly:
Here is Mark's resume as discussed.  Please let me know if anyone in research
(preferably Vince) is available to meet w/ him on either 3/20 or 3/21.

Thanks,
Tony
 -----Original Message-----
From:  Port, David
Sent: Monday, March  12, 2001 10:46 AM
To: Vasut, Tony
Subject: FW: Mark Boland - CV

 -----Original Message-----
From:  Mark.Boland@seb.se@ENRON
[mailto:IMCEANOTES-Mark+2EBoland+40seb+2Ese+40ENRON@ENRON.com]
Sent: Monday, March 12, 2001 8:10 AM
To: Port, David
Subject: Mark Boland - CV

> To summarize my situation: I'm in charge of structuring equity linked, IR,
> FX, commodity and other
> linked bonds and investments for one of Northern Europe s leading banks.
> I'm 34 years old and married to Lisa who is Swedish. I have over 7 years
> in the Structured Derivatives business in Capital
> Markets, with a solid Wall Street foundation at Bankers Trust and overseas
> at a more senior level
> of sales, structuring and managing deals from conception to completion.
>
>  <<boland.doc>>
>
> Thanks and regards,
> Mark
>
> Mark M. Boland
> SEB Merchant Banking
> 10640 Stockholm, Sweden
>
> Telephone +46 8 5062 3224
> Cell            +46 70 772 3224
>
> This e-mail is from SEB, Skandinaviska Enskilda Banken. It may contain
> privileged and confidential information and is intended for the named
> recipient(s) only. If you are not an intended recipient, please notify us
> immediately by reply e-mail, delete this e-mail from your system and
> destroy any copy hereof.
>

 - boland.doc


Thanks for all your help with Sempra.  Hard work, but certainly worth it.  On
another note, Mike and I have discussed this $2 million issue with American
Coal, and the interest rate hedge in the MPR.  Bottom line, we are not taking
this hit.  It seems it was a problem with Treasury, so send it to them.

Thanks.

Jeff


One note.  We are currently negotiating some credit amendments to this
agreement.

	Limor Nissan/ENRON@enronXgate
	06/07/2001 03:02 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Enron Canada isda with Transalta

Hi Tana,

The executed ISDA list says that we,ve got one b/t Enron Canada and
Transalta.  Can I get a copy of the docs faxed to me asap??

Thanks a lot,

Limor

Enron Global Markets
520 Madison Avenue
New York, NY 10022
Tel: 212.715.5283
Fax: 212.715.5608
E-Mail: Limor.Nissan@Enron.com


Darren,
The demand fee is probably the best solution.  We can use it to create a
recieivable/payable with Tenaska, depending on which way the calculation goes
each month.  How are PMA's to be handled once the fee been calculated and the
deal put in the system?

Attatched is a schedule detailing what is on the GL for Cleburne as of
today.  Some of this info will change by the end of the month.  As you can
see, there are some discrepancies between Megan's calculations and what is on
the general ledger.  UA4 is also on my schedule.  Unless the buys/sells are
volumetrically balanced, we book an entry to balance the desk.  This will
change the calculation of what is due from/to Tenaska.  Should we be
recording a UA4 entry for Cleburne?  Is it addressed in the agreement with
Tenaska?

Daren J Farmer@ECT
12/12/2000 04:48 PM
To: Greg Whiting/Corp/Enron@ENRON, Troy Klussmann/HOU/ECT@ECT, James
Armstrong/HOU/ECT@ECT, Megan Parker/Corp/Enron@ENRON, Jim
Pond/Corp/Enron@Enron
cc:

Subject: Tenaska IV 10/00

In most cases, ENA will be a net buyer from Tenaska IV for activity related
to the Cleburne plant.  However, for October 2000, the plant was down the
majority of the month and ENA sold off the supply, resulting in ENA owing
money to Tenaska IV.

I have created deal 529856 with a demand of $1,798,389.73, which is the
calculated amount of income on the Cleburne desk. (Please see the attached
schedule.)   We need to pass this income on to Tenaska IV.  Do we need to pay
this amount (wire from ENA to Tenaska IV) or is there another way to do
this?  This is the case for October 2000 and could possibly happen again in
the future.

Greg, Troy, Jim - Please let me know what you think about settling this.

Megan - Don't pay the amount until we here from the Greg, Troy and Jim.
Also, make sure that we have received dollars from the spot sales before we
reimburse Tenaska IV.

D
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 12/12/2000
04:37 PM ---------------------------

	Enron North America Corp.

	From:  Megan Parker @ ENRON                           12/07/2000 09:18 AM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Tenaska IV 10/00

We have actuals.  The larger of the two volumes is 1,395,000, which is
45,000/day, so the demand rate in deal 514353 is fine.  I am having a
problem, though, with the way it is coming to settlements.  It is showing up
with a Jan 2003 delivery date.  I think the demand fee needs to be on 10/1
only.  Right now, it is on a line with a date of 10/1/00 to 12/31/36.   I
think this is confusing the system some how.  Also, we still need the
purchase deal for Tenaska IV.  It should be for a demand fee of $2,571,135.73
booked to the Cleburne desk.  We actually owe $1,798,389.73, but I need to
net the Tenaska IV sales with the purchase to clear those receivables.  James
is calling me every day asking for an update.  Do you know when we will be
able to get this in the system?  I have attached my spreadsheet so you can
see the numbers.

Megan


> >
> >
> >There's an old couple, both in their 80's, on a
> >sentimental holiday back to the place where they first
> >met.   They're sitting in a pub when he says to her
> >"Do you remember the first time we had sex together,
> >over fifty years ago? We went behind the bar.  You
> >leaned against the fence and I made love to you from
> >behind."
> >
> > "Yes, she say, "I remember it well."
> >
> >"OK," he says, "How about taking a stroll round there
> >again and we can do it for old times sake?"
> >
> >"Ooh Henry, you devil, that sounds like a good idea",
> >she answers.
> >
> >There's a man sitting at the next table listening to
> >all this, having a chuckle to himself.  He thinks,
> >"I've got to see this, two old timers having sex
> >against a fence.  So he follows them.
> >
> >They walk haltingly along, leaning on each other for
> >support, aided by walking sticks.  Finally they get to
> >the back of the bar and make their way to the fence.
> >The old lady lifts her skirt, takes her knickers down
> >and the old man drops his trousers.  She turns around
> >and as she hangs on to the fence, the old man moves
> >in.  Suddenly they erupt into the most furious sex the
> >watching man has ever seen.  They are bucking and
> >jumping like eighteen-year-olds.  This goes on for
> >about forty minutes.
> >
> >She's yelling "Ohhh God!" He's hanging on to her hips
> >for dear life.  This is the most athletic sex
> >imaginable.  Finally, they both collapse panting on
> >the ground.  The guy watching is amazed.  He thinks he
> >has learned something about life that he didn't know.
> >
> >After about half an hour of lying on the ground
> >recovering, the old couple struggle to their feet and
> >put their clothes back on.  The guy, still watching
> >thinks, 'That is amazing, he was going like a train.
> >I've got to ask him what his secret is.'
> >
> >As the couple pass, the guy says to them, "That was
> >something else, you must have been shagging for about
> >forty minutes.  How do you manage it?  Is there some
> >sort of secret?"
> >
> >"No, there's no secret", the old man says, "except
> >fifty years ago that fucking fence wasn't electric."
>


I trust you received my fax re contract / confirm?

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


I'm in good shape now.  Just a little left for today.

Is Ric getting sentimental?  Losing someone can make you feel that way, even
if it isn't logical.

We'll just get through this day and start over tomorrow.

From: Suzanne Adams@ECT on 10/11/2000 04:33 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Bruce Silvers

Bruce probably hasn't heard from Nick yet.  I'll check again tomorrow.  When
will you know when you are going to NY?  Sunday?

If you need help with a document, say something, I can help you (stay late
whatever).  That's what I'm here for.  I figured something was up and I'm
hormonal, so I've just stayed to myself today.

Ric emailed me about whether to pay his mother's, brother's and sister's way
down for his birthday.  Now, he never hears from his sister and hardly ever
hears from his brother except when he sends him his monthly payment that he
owes him and that's just a check.  I told him to bring his mother down and
the others can fend for themselves.  I was afraid I would hurt his feelings,
but he said he felt the same way.  I will not have anyone taking advantage of
him.  I'd be the same way with my brother if I never talked to him.  Emma
wouldn't be nearly as spoiled as she is!!!!  Can you tell I'm hormonal, I'm
just bitching away.

Are you ok now with your document?

	Kay Mann@ENRON
	10/11/2000 04:28 PM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Re: Bruce Silvers

Thanks for checking.  I'm on message 7 of 9, and don't have anything from
Bruce.

Sorry I was cranking this am.  I got here at 600am, mostly because I had
problems with a document which had to go out today.

Kay

From: Suzanne Adams@ECT on 10/11/2000 04:11 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Bruce Silvers

Have you heard from Bruce Silvers?  He called and left me a voicemail that he
was free all day Monday, but he was checking with Nick Palatin.  I haven't
heard any more from him and was wondering if he called you.  Just following
up.


Can I call collect?


Hi Everyone

I apologize for all the e-mails going back and forth but hopefully we can put
this one to rest soon.  London Credit have approved this CP for financial
metals and I need to confirm if they are approved from a legal perspective as
well.  I spoke to Justin Boyd (London legal) and he asked that I clear this
with Houston Legal before setting them up.

In addition, I want to see if Houston Credit/Legal will be reviewing this
counterparty for US products as well.  Please let me know as soon as you can.

Thank You

Imelda Frayre
---------------------- Forwarded by Imelda Frayre/LON/ECT on 01/12/2000 09:00
---------------------------

Alan Jamieson@ENRON
30/11/2000 17:55
To: Imelda Frayre/LON/ECT@ECT
cc: ECT London Credit, Enron London - EOL Product Control Group/LON/ECT@ECT

Subject: Re: New Counterparty - President & Fellows of Harvard College

Approved for financial metal products only with collateral - MGS Code IVY

To: Justin Boyd/LON/ECT@ECT, ECT London Credit, Enron Europe Global
CounterParty
cc: Enron London - EOL Product Control Group/LON/ECT@ECT, EOL Marketing
Europe@ECT, Lindsay F Edmonds/EU/Enron@Enron, Hamish M Scutt/EU/Enron@Enron,
Diana Higgins/LON/ECT@ECT, Alan Jamieson/EU/Enron@Enron, Britta
Dinnendahl/LON/ECT@ECT, Alex Heath/LON/ECT@ECT, Robert Brewis/LON/ECT@ECT,
Chris Shapland/LON/ECT@ECT

Subject: New Counterparty - President & Fellows of Harvard College

Hi

We've received a PA registration form from President & Fellows of Harvard
College  for EnronOnline.  I've entered the customer details in the customer
database (s:/access database).  Please review and confirm via return e-mail
once approval is completed.  Attached is the PA registration form for your
review.

Regards

Imelda Frayre

---------------------- Forwarded by Imelda Frayre/LON/ECT on 21/11/2000 07:53
---------------------------

London Fax System
20/11/2000 22:07
To: Enron London - EOL Product Control Group/LON/ECT@ECT
cc:

Subject: New fax received (Likely sender: 713 646 8511).

You have received a new fax from 713 646 8511

The image contains 3 page(s).


Dale

I shall try to close the loop today or tomorrow.

I have already mentioned this to Anjam.

Vince

Dale Surbey
08/01/2000 09:22 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Anjam

Vince,

Let me know when you've talked to Anjam about moving to Houston.  I need to
do his performance review this week and it would be good to get this on the
table with him before then.

Thanks

- Dale


There has to be an adjustment in TAGG, because both the FT ONT and FT NY
books have captured this value and received the offsetting liquidation.  If
the IM NY and IM ONT books have offsetting value you can roar reclass the
difference.

 -----Original Message-----
From:  Mausser, Gregory
Sent: Thursday, May 10, 2001 9:32 AM
To: Little Jr., Jim
Cc: Love, Phillip; Bowen, Melba
Subject: April Liquidation QZ0764

Jim,  Were you able to locate this liquidation for April.  I realize it has
been booked in TAGG between FT books, however, can you somehow get the value
in  IM Ontario?  Let me know if I can provide you with any additional
information that will help resolve this issue.
---------------------- Forwarded by Gregory A Mausser/HOU/ECT on 05/10/2001
09:24 AM ---------------------------

	Gregory A Mausser 05/03/2001 05:37 PM

To: Jim Little/HOU/ECT@ECT
cc: Phillip M Love/HOU/ECT@ECT
Subject: April Liquidation QZ0764

Jim,

P. Love informed me that we should see a liquidation (QZ0764) in the Ontario
Region intended to offset an Interdesk deal between IM Ontario and IM New
England where we forced the purchase.  Looks like it was booked in TAGG
between FT-Ontario and FT-NY.

Can we find the liquidation and show in IM Ontario?

Thanks,
Greg


Hi:  Could you send me a copy of the Trustee letter?  Email would be great;
otherwise, fax is 415.782.7854.  Thanks.

Best,
Jeff


Thanks for your note , we will check and get back to you .
Michael

Sara Shackleton
21/01/2000 17:17
To: Michael R Brown/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Mark
Elliott/LON/ECT@ECT, Paul Simons/LON/ECT@ECT
cc: Donna Lowry/HOU/ECT@ECT, Marie Heard/HOU/ECT@ECT

Subject: Brokerage Agreements - England

We are currently updating our database of brokerage agreements for Ted
Murphy.  We only show two (2) executed agreements for ECTRIC and/or UK SPVs.
These include agreements that ECTRIC has with Fimat Futures UK Limited and
Paribas Futures, Inc.  If other such agreements have been executed, would you
please advise and send copies to Houston.  Ted will now keep a duplicate set
of agreements. Also, would any other European locations have executed
brokerage or futures agreements?  If you have any questions, please call.
Regards.  Sara


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To unsubscribe from the email list, click here  [IMAGE]


Is everyone going to play again?

To: Eric Bass/HOU/ECT@ECT
cc: David Baumbach/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, Chris Walker/HOU/ECT@ECT, Michael Walters/HOU/ECT@ECT,
Harry Bucalo/HOU/ECT@ECT
Subject: Re: Your Basketball League is Back!

Hey Squad,

We need a draft soon... Season begins Oct. 31, next Tuesday...

	Enron North America Corp.

	From:  Eric Bass                           10/16/2000 01:30 PM

To: David Baumbach/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, Chris Walker/HOU/ECT@ECT, Michael Walters/HOU/ECT@ECT,
O'Neal D Winfree/HOU/ECT@ECT, Harry Bucalo/HOU/ECT@ECT
cc:
Subject: Your Basketball League is Back!

---------------------- Forwarded by Eric Bass/HOU/ECT on 10/16/2000 01:29 PM
---------------------------

CBS SportsLine <noreply@ccomad3.uu.commissioner.com> on 10/16/2000 01:12:07 PM
Please respond to CBS SportsLine <noreply@ccomad3.uu.commissioner.com>
To: ebass@enron.com
cc:
Subject: Your Basketball League is Back!

Basketball is back! We're writing to let you know that your
fantasy basketball league's web site has been upgraded and
is ready for the 2000-2001 season. And here's the best news:
Your league is now FREE!

http://basketball.commissioner.com/efba

Click on the link above to access all your league's data
from last season, including team rosters, owners and rules.
The only thing different this year is the price: FREE.
There will be no charges to you whatsoever to run your
league with CBS SportsLine. Just visit the site, and sign
in to access your league.

One great new feature will make it quicker and easier to
access your fantasy teams. SportsLine's fantasy home page:
http://sportsline.commissioner.com/ now offers one
centralized login screen for easy one-click access to all
of your Sportsline fantasy teams.

As a sports fan, you may be interested in our newest
fantasy football game: End Zone Attack. Visit:
http://football133.commissioner.com/mp/mc-home/r?=email1016 .
Then select one player at each of three positions, and win
$1,000 if your players earn the high fantasy score for the
week.

Welcome back to CBS SportsLine.com Fantasy Basketball, and
have a great 2000-2001 season!

        The CBS SportsLine.com Commissioner Staff

---------------------------------------------------------------------
This message has been provided free of charge and free of obligation.
If you prefer not to receive emails of this nature please respond to
remove@commissioner.com.  Do not respond to this email directly.

This message was sent to: ebass@enron.com
---------------------------------------------------------------------


Dr. Lay,

There is something you can do in light of the recent events. Since I went out on Workmans' Compensation, Enron's policy has been to cover the balance of my salary over the compensation  payment. This money has been critical in keeping our lives and home together. With three more surgeries and a minimum 7-8 months (best case) before I will be rehabilitated and able to return to work, under whatever circumstance, the continuance of my current agreement is critically important to us.
My concern is that if, or when, EES ceases to exist, before, or after, the Dynergy transaction, that my status may alter in a way that has devastating consequences in an already stress filled situation. My wife is desperate for some assurance, that we will be able to maintain our household until I can fully function @ work again. Is there some way you can help us in this matter? There seems to be quite a bit of confusion regarding what will happen to us.
Thank you.

Joe

From:	Kenneth Lay/ENRON@enronXgate@enronXgate on 10/10/2001 10:54 AM CDT
Sent by:	Tori L Wells/ENRON@enronXgate
To:	Joseph Pestana/HOU/EES@EES
cc:
Subject:	RE: A Personal Thanks

Joe -

I was really sorry to hear about your accident.  But delighted we could provide a plane to get you and your wife back to New Jersey.

Hope your recover quickly and if there is any way we can help, let me know.

Ken

 -----Original Message-----
From: 	Pestana, Joseph
Sent:	Tuesday, October 09, 2001 8:46 AM
To:	Lay, Kenneth
Subject:	A Personal Thanks

Dear Dr. Lay,

On  Friday, September 8, 2000, I was on a business trip in Findlay, Ohio meeting with Marathon Ashland Petroleum Company Inc. We had recently signed a  five year  electric deal in Houston covering their  Illinois pipeline and terminal facilities behind four utlities. I was there at their request to review other opportunities in Illinois and Ohio and present them with small gifts over a celebration dinner with their spouses. On Saturday, September 9, 2000 at approximately 5:30 am I was struck in my car by an eighteen wheeler passing traffic in a no passing zone.
Your kindness in providing my wife and I with your personal jet so that I could transfer from the Toledo trauma facility I was in, to a local hospital in our home state of New Jersey was greatly appreciated. I needed to be with my daughters and family and be fully evaluated for the multiple traumas I suffered. Getting home meant everything to us at the time, and there were no good alternatives before your generous gesture.
Since last year I have had three surgeries and am preparing for cervical spine surgery October 23, 2001, followed by knee surgery and ankle surgery. It has been an immensely stressful time for all of us, but we always come back to your help at our time of need. In addition, Dr. Lay, I cannot say enough about the kindness and care of Mark Harada, my supervisor and friend, who was at my side after the accident and who has been an endless source of support through our difficult times.
Mark Harada has been recognized by Enron for the exceptional individual he is. His potential value to Enron is immeasurable. He is truly the embodiment of what an Enron manager should be. I was saddened to hear his leadership role in EES had been diminished. He is exceptional.
Based on the  surgeries that lay ahead of me, with the accompanying rehabilitation periods, it appears that I will not be returning to EES for several months. That is why I'm writing to you now. This was a long overdue note of thanks.
Lastly, in a conversation with John Boosey, (formerly Enserch), before his death, he asked if I spoke with you, to pass on his regards. John was a mentor to me during my years with Enserch/Ebasco and had been in ill health for some time.
Finally, from my wife, Dr. Gail Holian Pestana and I, thank you again for bringing us home.

Our Best Regards,

Joe and Gail


The owner is Jack Blalock, who owned BackSttreet Caf?, plus some other
places, I think.  Jack died suddenly recently (heart attack, as I remember).
He wss only about 50 or so.

The scoop on Clark Gable is, ss I recall, that he was here for aprt of a
summer while taking dancing lessons at that house, where he lodged, as well.
Hr wss only here a short whiler, but locals sre so proud of that fact that
they have called the charming stucco three-story, two-rooms-on-each-floor
building the "Clark Gsable House" ever since.  The gardens surrounding the
'compound' are lovely.  You can't see much from the street, but just the
house is worth taking a walk down to see it.  And after all, iti's a bit of
local lore.

Julie Young
Stanford & Drew

(sorry about the typing - I've a torn tendon on my left pinkie)

----- Original Message -----
From: "Ed Gonzales" <edgonzales@ev1.net>
To: <emca@yahoogroups.com>
Sent: Wednesday, February 06, 2002 6:21 PM
Subject: Re: *EMCA* VH-1 Movie Set

> The corner of Whitney & Hyde Park, currently owned/occupieds by the
recently
> deceased owner of BackStreet Cafe. Forgot his name. Ed G.
> ----- Original Message -----
> From: "Carmen Druke" <druke@neosoft.com>
> To: <emca@yahoogroups.com>
> Sent: Wednesday, February 06, 2002 5:56 PM
> Subject: RE: *EMCA* VH-1 Movie Set
>
>
> >
> > Ben,
> >
> > The famous actor that lived nearby is Clark Gable who lived in
> > a stucco house just south of Fairview in Avondale Civic Assoc.
> >
> > Carmen
> >
> > -----Original Message-----
> > From: benjamin [SMTP:benjamin@wt.net]
> > Sent: Wednesday, February 06, 2002 4:50 PM
> > To: emca@yahoogroups.com
> > Subject: Re: *EMCA* VH-1 Movie Set
> >
> >  << File: ATT00004.htm >>
> >
> > To unsubscribe from this group, send an email to:
> > emca-unsubscribe@egroups.com
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
> >
>
>
> To unsubscribe from this group, send an email to:
> emca-unsubscribe@egroups.com
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
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------------------------ Yahoo! Groups Sponsor ---------------------~-->
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Delene,

We continue to hold the confirmation of the executed trade?  I believe it was
agreed that, if we could not immediately agree on the final terms of the
ISDA, we would agree to confirm the trades under a Deemed ISDA.  We are
bumping up against 5 working days and intend to confirm the trade today.
Please give me a call (713) 853-9897 as I have found it difficult to reach
you by phone.

thanks
brant


In lieu of our staff meeting today, file O:\ERMS\1intra\EastClasses\East Classes.xls. has been created to input class subjects. In the coming weeks, please think of any classes you want to give. Enter the subject and other data into the spreadsheet and e-mail the update to Kam. Thanks.


Thank you Jacquelyn...I look forward to the trip.

 -----Original Message-----
From: 	"Lewis, Jacquelyn" <jlewis@puget.com>@ENRON
Sent:	Wednesday, February 27, 2002 4:13 PM
To:	Scott, Susan M.
Subject:	FW: SUSAN SCOTT 3MAR SEATTLE TKD

Susan,  Please let me know you received this.
> ----------
> From: 	E Confirmation[SMTP:E.Confirmation@nw.navigant.com]
> Sent: 	Wednesday, February 27, 2002 11:13 AM
> To: 	'jlewis@puget.com'
> Subject: 	SUSAN SCOTT 3MAR SEATTLE TKD
>
>
> Please do not click "reply" to the sender of this message. Instead
> "forward" it to karen.zeivel@nw.navigant.com, if you wish to respond.
>
>                                        >
>                                           >    >
>                                              >    >
>                         NAVIGANT INTERNATIONAL NW    >
>                                                   >
>                                               >
>                                            >
>
>
> This itinerary was prepared on 02/27/02 11:05:42 by Karen Zeivel.
>
> APOLLO RES NBR: RD76WQ
> To view your itinerary online go to: http://www.viewtrip.com
>
> Navigant Intl NW/Central
> 1260 Mercer Street, Seattle  WA 98109
> Phone: 206 701-3400
>
>
>
>
> Customer
> PUGET SOUND ENERGY
> PO BOX 97034
> BELLEVUE WA Z/98009
>
>
>
> ****This itinerary is for travel using an ELECTRONIC TICKET.    ****
> ****Please see the bottom of itinerary for special instructions.****
>
> -----------------------------------------------------------------------
> Travel arrangements
> prepared exclusively for:
>   SUSAN SCOTT 5380
> -----------------------------------------------------------------------
>    YOUR AMERICA WEST AIRLIN ETICKET CONFIRMATION NUMBER IS: T1VCGC
>    YOUR AMERICA WEST AIRLIN ETICKET CONFIRMATION NUMBER IS: T1VCGC
>    BOOKED AND TICKETED.
>
> 03MAR - SUN
>    America West Airlines   flight 792  confirmed  class: W    preassigned
> seating not available.
>    depart:   Houston Intercontinental, TX   220P
>    arrive:  Phoenix, AZ   419P
>    equipment: 733    flight duration: 2:59
>    NON-SMOKING
>    DEPARTS IAH TERMINAL A  - ARRIVES PHX TERMINAL 4
> -----------------------------------------------------------------------
>    America West Airlines   flight 73  confirmed  class: W    preassigned
> seating not available.
>    depart:   Phoenix, AZ   514P
>    arrive:  Seattle, WA   715P
>    equipment: 320    flight duration: 3:01
>    NON-SMOKING
>    DEPARTS PHX TERMINAL 4
> -----------------------------------------------------------------------
>    Best Western         in Seattle, WA          rate:$109.00
>    BEST WESTERN BELLEVUE INN  11211 MAIN STREET BELLEVUE WA 98004
>    Voice: 425-455-5240 Fax: 425-455-0654
>    1 room(s)    confirmation no: 110040400    Room guaranteed to credit
> card
>    Rate guaranteed
>    check out: 04MAR MON
> -----------------------------------------------------------------------
> 04MAR - MON
>    America West Airlines   flight 192  confirmed  class: W   seat: 21D
>    depart:   Seattle, WA   506P
>    arrive:  Phoenix, AZ   849P
>    equipment: 320    flight duration: 2:43
>    NON-SMOKING
>    ARRIVES PHX TERMINAL 4
> -----------------------------------------------------------------------
>    America West Airlines   flight 279  confirmed  class: W   seat: 21D
>    depart:   Phoenix, AZ   930P
>    arrive:  Houston Intercontinental, TX   05MAR  TUE   1256A
>    equipment: 733    flight duration: 2:26
>    NON-SMOKING
>    DEPARTS PHX TERMINAL 4  - ARRIVES IAH TERMINAL A
> -----------------------------------------------------------------------
>    Open         Seattle, WA
>    PROCESSING FEE MCO 8143695326
>
> -----------------------------------------------------------------------
>   TICKET INFORMATION
>         Fare Quoted (Total): USD 871.50
>         Base Fare: USD 759.06 US Taxes: USD  56.94 Other Taxes: USD  32.50
>
>         The fare above includes a handling fee of $   23.00
>         Agent: Karen Zeivel     Ticketing Date: 27FEB
> **   Airfares   are   not   guaranteed   until   ticketed.  **
> -----------------------------------------------------------------------
> Need help at Sea-Tac? Our Airport Concierge is there for you,
> on the Promenade Level, near skybridge #5, close to United and Alaska
> counters.
> Stop by or call them, 206 241-6180 or 206-650-1051. (mobile phone).
> -----------------------------------------------------------------------
> Discounted airport parking is now more convenient!
> Present this copy to receive the Navigant International/NW discount at the
>
> following locations--
> SeaTac:   Budget, 17808 International Blvd - Lot 1/Valet
>                  Thrifty, 18836 International Blvd - ID #2018
>                  Ajax , 3211 S. 154th St.
>                  Masterpark, 18220 International Blvd
>                  Park & Fly, 17320 International Blvd - ID #1150
> Portland: Park & Fly and Thrifty (ID#2018)
> Spokane : Diamond Parking
> Details are available on our website,
> http://www.navigant.com/locations/nw/default.asp
> -----------------------------------------------------------------------
>
>
> Electronic ticket special instructions:
> -- Official photo identification must be presented at check-in.
> -- To change your trip, contact your Navigant International/NW agent.
> -- To cancel this trip, you must contact your Navigant International/NW
> agent to secure
>    a refund or exchange credit.
> -----------------------------------------------------------------------
>
>    DUE TO INCREASED AIRPORT SECURITY ALLOW EXTRA TIME
>    FOR CHECK-IN AND HAVE CURRENT PICTURE I.D.
>    THIS TICKET IS FULLY CHANGEABLE AND REFUNDABLE. CHANGES MAY RESULT
>    IN HIGHER AIRFARE CHARGES.
>    TOLLFREE NUMBER FOR AMERICA WEST IS 1-800-235-9292
>
>    IMPORTANT:  AIR CARRIERS CHANGE FARE RULES AND RESTRICTIONS WITHOUT
>    NOTICE.  PLEASE CONSULT YOUR AGENT PRIOR TO PLANNING ANY CHANGES.
>    FOR EMERGENCY AFTER-HOURS SERVICE CALL: 800 646-1947 MEMBER NUMBER V8J
>
>
>


California,s power crisis has generated heated debate over the last several
months.  Unfortunately, this debate has generated more heat than light.  We
want you to know what the facts are and what we are doing about the crisis.
Please spend a few minutes reading the following overview on the situation
and our position on California energy issues.

What happened in California

The source of California,s current problem is as straightforward as supply
and demand.  California,s economy grew 29 percent since 1998.  This increased
the demand for electricity by 24 percent.  At the same time, regulatory
restrictions prevented new generation from getting built in the state.  So
demand grew but regulations prevented supplies from being added.  The result,
predictably, is a shortage.  This summer, peak capacity will be about 10
percent shy of peak demand, leading to further blackouts in the state.

In addition to the supply and demand imbalance, there are two other related
factors that led to the current crisis.  First, the state,s regulations
forced all sales and purchases into the spot market.  The spot market for
power is extraordinarily volatile.  The way firms behave in a free market
when faced with such volatility is to construct a portfolio of purchases long
term, medium term and short term, to reduce exposure to this volatility.  In
California, state regulation prevented this strategy.  This would be the
equivalent of putting the entire state on an adjustable rate mortgage in the
most volatile interest rate environment imaginable.  Everything was fine
while the power surplus persisted, but when shortages ensued, every megawatt
was purchased at the sky rocketing spot price.

Second, retail markets were not deregulated.  Regulated retail rates remained
in effect, and stranded cost recovery charges were structured to keep
competition out.  This meant that utilities were forced to pay high wholesale
prices in the spot market but were only able to recover costs at the
regulated retail rate.  They are now nearly bankrupt.

In short, California,s problems were caused by regulation, not deregulation.
Regulations prevented competitors from entering the market, prevented new
generation from being built, and prevented prudent hedging against volatile
spot prices.

At the time California was developing its restructuring plan, Enron warned
the state,s policy makers about these risks and proposed alternatives, which,
if adopted, would have averted the current crisis.

Enron,s Role

Many political leaders in the state have elected to fix blame rather than fix
the problem.  Power sellers, including Enron, have been vilified by the
politicians and the media.  Here are the facts:

? Other than a small amount of wind power, Enron is not a generator in the
state of California.  Every megawatt we sold in California we bought in the
same market available to other California purchasers.  Because we are a
market maker, not a generator, we are not biased toward high prices.  We are
interested only in having a market that works so that we can package products
for our customers.
? As a seller to end-use markets in the state, we provided protection from
the problems the states, utilities, and their customers, now face.  We
protected, and still protect, our customers from price volatility.

You may have read that EES recently elected to have the utilities supply
power directly to its customers in California instead of procuring power on
the open market.  Early reports mischaracterized this as a &turnback8 of our
customers to the utilities.  Here are the facts:

? As a result of a variety of factors existing in the current California
market, it made more sense for EES to source power for its customers directly
from the utilities.  This decision reduced EES,s market price risk by
allowing EES to access lower utility rates.
? EES did not terminate any customer contracts, and our customers continue to
receive the financial benefits of their contract prices.
? EES is continuing to work with its California customers to provide them
with other energy-related products and services, including assistance in
reducing the demand for power, particularly at peak times.

Enron is currently proposing solutions to help California work out of its
crisis; Enron continues to sign up customers in the state; and Enron
continues to actively manage its risks and capture opportunities in Western
power markets.  Enron,s primary business is managing risk for our customers
with solutions customized to meet their needs.  There has never been more
demand for our products and services.

The Solution

The solution to California,s crisis is also straightforward.  In summary, the
state must increase supply, reduce demand, reduce reliance on the spot market
and shore up the financial stability of the state,s utilities.

Increasing Supply

California,s process for siting and permitting new generation is nothing
short of Byzantine.  Enron has built plants elsewhere in the country in less
than a year.  In California, it often takes 5 to 7 years.  California simply
must streamline this process.  Ironically, while many of the regulations
generators must overcome are aimed at improving environmental quality, the
regulations are preventing new clean technology from coming online and
displacing current plants, which emit 40 times as much NOx.  California can
have abundant power and cleaner air by expediting the permitting of new
facilities.

Reducing Demand

Customers in California today have no incentive to reduce or shift demand.
They pay the same rate no matter what the market price is.  An open retail
market would trigger demand responses, which would balance supply and demand
at lower prices than today.  California should fully open its retail market.

Reducing Reliance on the Spot Market

In a truly deregulated market, customers would protect themselves from
volatile spot prices by purchasing some of their requirements on a longer
term, fixed-price basis.  The state has instead left procurement in the hands
of the utilities, which it has forced to buy exclusively in the spot market.
Opening the market at the retail level will give customers control over their
price risk.

Restoring the Financial Integrity of the State,s Institutions

The utilities in California are not paying their bills.  This has led to
greater uncertainty in the market, higher costs, and reduced flexibility to
arrive at lasting solutions.  California must permit its utilities to recover
their costs so they can pay their bills and invest in the transmission and
distribution assets necessary to get power from where it is to where it is
needed.

Just as important as doing these things, the state must avoid policies that,
while politically attractive, do not fix the problem or even make matters
worse.  Price caps have been proposed.  They don,t work; have never worked;
and they will not work here.  Price caps succeed only in creating shortages,
which then have to be allocated among competing users.  Imagine how
ineffectively the government would be in determining, for example, whether it
is better to make its limited power supplies available to the Imperial Valley
or Silicon Valley.  Price caps are a surefire way to make the current
shortage worse.

The state has also proposed to take over generation and transmission in
California.  There is no reason to believe, and every reason to doubt, that
the state will be more effective than free markets at investing in,
constructing, operating and maintaining assets.  This will also result in
California tax revenues being spent on power transmission and power
generation -- which the private sector can do -- instead of education, roads
and other public goods -- which the private sector cannot do.

As you are approached by people outside the company or are learning about the
crisis from the media, it,s important for you to know this:  We at Enron will
continue to serve our customers and we will continue to propose real
solutions to the state.


This deal was done on the Intercontinental Exchange (ICE). Jeff thought it
was the same thing as Dynegy Direct. I've changed it to ICE as broker, but
I'm wondering if these are different brokers, or why Jeff would have thought
they were the same....???

Kate

Evelyn Metoyer@ENRON
03/13/2001 02:31 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 3/13 Checkout Con't

deal 548465
Jeff Richter

Is Dynegy Direct the correct broker because I do not see this deal on their
web checkout?


Linda Crawford 512/495-9399 - to be sending emil to Cathy Phillips w/further
details prior to 7/6/00


Samantha,

I left the Bank One closing binder with you regarding the amendment to the
brokerage agreement and the margin line of credit.  Please be sure to update
the database regarding these agreements.  If you need my help, just ask.
Also, I am following up with John Arnold regarding the executing broker
agreements, which I sent to him for initial signature.  Thanks.  Mary
----- Forwarded by Mary Cook/HOU/ECT on 08/07/2000 09:23 AM -----

	Sara Shackleton
	08/07/2000 09:20 AM

		 To: Mary Cook/HOU/ECT@ECT
		 cc: Samantha Boyd/NA/Enron@Enron
		 Subject: Give up Agreement and Futures Agreement with Bank One

Mary:  I hear through the grapevine that we may be trading through Bank One.
In any event, we need to add all of the executed agreements to the Lotus
Notes database.  Samantha should be able to handle this for you since she
maintains and updates the brokerage reports and keeps the files near her
desk.  Thanks.  Sara


Hi Mark,

To follow-up, I have been SUPER super-swamped.

Do you have a time table for getting the lawyer you want to hire to replace me for the Enron Corp. matters?

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
http://gss.enron.com/


Engage Energy America LLC - Buy only until demonstrate have power marketer's
licence.
Engage Energy Canada LP - Decline physical power unless can demonstrate
physical business activity in US.
Otherwise Ditto Credit.

	Tana Jones@ECT
	05/30/2001 05:23 PM

		 To: Alan Aronowitz/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Marcus
Nettelton/NA/Enron@ENRON, Harry M Collins/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Robbi Rossi/Enron
Communications@Enron Communications, John Viverito/Corp/Enron@Enron, Jane
McBride/AP/Enron@Enron, Andrea Calo/SA/Enron@Enron, Peter Keohane/CAL/ECT@ECT
		 cc:
		 Subject: EOL Approvals: 05-30-01

----- Forwarded by Tana Jones/HOU/ECT on 05/30/2001 05:23 PM -----

	Tom Moran/ENRON@enronXgate
	05/30/2001 03:29 PM

		 To: Karen Lambert/ENRON@enronXgate, Tana Jones/HOU/ECT@ECT, Samuel
Schott/ENRON@enronXgate, Brant Reves/ENRON@enronXgate, Debbie R
Brackett/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global CounterParty/LON/ECT@ECT, Stephanie Sever/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Claudia Clark/ENRON@enronXgate, William S
Bradford/ENRON@enronXgate, Lisa Lees/ENRON@enronXgate, Juana
Fayett/ENRON@enronXgate, Jana Morse/Corp/Enron@Enron, Trang
Le/ENRON@enronXgate, Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim
Davies/LON/ECT@ECT, Karen O'Day/ENRON@enronXgate, Tanya
Rohauer/ENRON@enronXgate, Kelly Lombardi/ENRON@enronXgate, Brian
Lindsay/Enron Communications@Enron Communications, EOL Call Center@ECT, Bill
D Hare/ENRON@enronXgate, Amy Heffernan/Enron Communications@Enron
Communications, Molly LaFuze/Enron Communications@Enron Communications, Danny
Clark/Enron Communications@Enron Communications, Stephanie
Panus/NA/Enron@Enron, Teresa Mandola/ENRON@enronXgate, Bill
Kyle/ENRON@enronXgate, Amber Ebow/ENRON@enronXgate, Thu Pham
Arnold/ENRON@enronXgate, Tandra Coleman/ENRON@enronXgate, Lesli
Campbell/ENRON@enronXgate, Wendi Lebrocq/ENRON@enronXgate, Mark
Taylor/HOU/ECT@ECT
		 cc:
		 Subject: EOL Approvals: 05-30-01

Please see attached

Regards,
Tom Moran
713-853-3017


Sara:
Here are drafts of the Certificates and Sight Drafts for Niagara Mohawk, El Paso electric, LG&E Energy Marketing and Energy Production Corp. (just in case it wasn't renewed).  I have put together files for each of these that include copies of the LC, the underlying trading docs and any correspondence that has been sent.    Except for Niagara Mohawk which requires copies of the invoices and that the certificate be on "letterhead" there don't appear to be any other special requirements.  Leslie Reeves will be faxing the invoices to us.  I will be in tomorrow until around 11.  Thanks for your help on this.

All of these docs are in a file called Enron Restructuring.

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-3393 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com


In regard to the special delivery point language for April-02 and beyond:
Please use me as a liasion between the Portland traders and yourselves to
ensure these deals get entered correctly. The traders are aware that they
need to specify whether or not they'd like the counterparty to see this
special language; however, if deals get through to the Confirms department
without specification in the comments section, I'd like to be notified. In
this way, we can resolve the matter quickly and efficiently and hopefully
avoid a larger problem down the road.

Thanks for your help on this.

Kate


---------------------- Forwarded by Mike McConnell/HOU/ECT on 09/07/2000
08:19 AM ---------------------------

Julie King <j_king@gvastrategis.com> on 08/30/2000 04:32:28 PM
Please respond to "j_king@gvastrategis.com" <j_king@gvastrategis.com>
To: "'mike.mcconnell@enron.com'" <mike.mcconnell@enron.com>
cc:
Subject: Dallas Bound/A Contact at Enron Venture Cap?

Tell Chris that we are heading up to see the SMU ponies in their new
stadium!!  Know you are busy, but have been trying to find out the contact
person in your new business unit.  Just completed two more assignments for
dot.coms, and have two others on the crest of huge developments.  Any help
would be appreciate, as we might be able to explore some mutual business
opportunities.  Thanks..


Twanda, would you please make this a form entitled "Canada Release" and then
draft one for John Gorman?  I'll fill in the blanks.  Thanks.  MHC

---------------------- Forwarded by Michelle Cash/HOU/ECT on 02/16/2000 05:09
PM ---------------------------

Dawn Doucet
02/16/2000 05:07 PM
To: Michelle Cash/HOU/ECT@ECT
cc:
Subject: Release re Canada


Hi,
?
Am I to understand that not a single team in my adopted state  won a bowl
game?
?
I guess I will stay loyal to the CORNHUSKERS as they seemed to  handle being
pissed off about not playing in a better bowl. We need more meat  than the
big 10 can throw out.
?
Well now it is down to next year again.....................
?
Did Cole get enough trucks from Santa ..................... or  did Jake eat
them? I'm sure it was fun.
?
Ken


What are your skills?  Why do you want to be on a trading desk?


Mr. Finzi,

We have heard back from you regarding the Confidentiality Agreement
referenced below.  Can you please let me know when we might expect your
comments?  Thank you.
----- Forwarded by Tana Jones/HOU/ECT on 07/31/2000 09:25 AM -----

	Tana Jones
	07/12/2000 05:32 PM

		 To: michel_finzi@instinet.com
		 cc:
		 Subject: Instinet Corporation Confidentiality Agreement

----- Forwarded by Tana Jones/HOU/ECT on 07/12/2000 05:31 PM -----

	Tana Jones
	07/12/2000 04:59 PM

		 To: michel-finci@instinet.com
		 cc: Louise Kitchen/HOU/ECT@ECT, John Pavetto/Corp/Enron@Enron
		 Subject: Instinet Corporation Confidentiality Agreement

Please find attached a copy of the referenced Confidentiality Agreement.
Please call me at (713) 853-3399 if you have any comments or questions.  If
the agreement meets with your approval, please have an authorizied officer of
the company execute it and return the signed document to me at the fax number
below.  Thanks for your attention herewith.

Tana Jones
Paralegal
Ph:  (713) 853-3399
Fax:  (713) 646-3490


Either way, it sounds like we're dealing w/ the Axis of Evil Restaurant
chain.

Guys, let's just admit that we're all old, don't get it much any more
(except for Zander, 'cause he's such a hotty), and don't really care about
the food and just meet at the Gold Cup.

-----Original Message-----
From: T FEDER [mailto:lawfeder@msn.com]
Sent: Tuesday, February 19, 2002 4:08 PM
To: erwollam; corrier@cox-internet.com; c k; chet_fenner;
c.r.zander@att.net; Joe_Parks; john.chambers@bisys.com; brianc; c_r_zander
Subject: Re: LOCATION FOR MAN NIGHT

not only your ass grape, but you should see the monkey that eats those
grapes, especially on Airline Drive.

Nice part of town....hey how about the new Al Qaeda Restaurant on Telephone
Road, I heard that its good too with its Sleeper Cell Chili hhmmm hmmm good,
and a splash of the Taliban relish...

----- Original Message -----
From: Erik Wollam
Sent: Tuesday, February 19, 2002 12:55 PM
To: corrier@cox-internet.com; knipe3@msn.com; chet_fenner@bmc.com;
c.r.zander@att.net; Joe.Parks@enron.com; john.chambers@bisys.com;
brianc@saltgrass.com; lawfeder@msn.com; c.r.zander@worldnet.att.net
Subject: LOCATION FOR MAN NIGHT

THIS IS THE PLAN, THEN. THURSDAY 2/28/02 @ RESTRAUNT IDENITIFIED BELOW. Z OR
PIG PLEASE PROVIDE DIRECTIONS. TIME 7:15. E.

>From: "Brian Constantine" <brianc@saltgrass.com>
>To: "Erik Wollam" <erwollam@hotmail.com>
>Subject: RE: Man Night
>Date: Wed, 13 Feb 2002 12:59:32 -0600
>
>I had horrible liquid pudding, accompanied by incessant stomach cramps,
>fever, and general malaise all last week...along w/ my "ass grape"!!!
>Needless to say, I was unavailable for comment. I am now, however, back
>to full health and the grape has vanished....So, I would love to be WITH
>MEN. I vote to go to a new secret dive that Zander is howling about.
>It's called Tampico Seafood. It's some Mexican Seafood type joint on
>Airline Drive, close to the Farmers Markets that Z says is
>"unfuckinbelievable". IM IN.
>
>-----Original Message-----
>From: Erik Wollam [mailto:erwollam@hotmail.com]
>Sent: Wednesday, February 13, 2002 12:42 PM
>To: bcorrier@cox-internet.com; knipe3@msn.com; chet_fenner@bmc.com;
>c.r.zander@att.net; Joe.Parks@enron.com; john.chambers@bisys.com; Brian
>Constantine; lawfeder@msn.com; c.r.zander@worldnet.att.net
>Subject: Man Night
>
>Men:
>
>Hunting season is over. It is now working season. All email threads are
>gone. No one talks to one another. This is wrong.
>
>I therefor propose man night February 28th, 2002 at some location yet to
>be
>determined, such as Tony's mexican food...on Ella.
>
>e.
>
>
>
>_________________________________________________________________
>Chat with friends online, try MSN Messenger: http://messenger.msn.com
>

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From:  Cynthia Sandherr                           01/11/2000 05:16 PM

Rick:  Per your request, please find the one page description of how the
Washington D.C. office prioritizes both human and financial resources while
fitting within the Enron budget process.   I have attached our 1999
activities report which illustrates the process described below.

Congress operates in a two year cycle while the Administration operates in a
four or eight year cycle.  Thus, it is necessary for our prioritization to
focus on the long term.  Within the context of the Congressional and
Administration's Calendars, our office determines and communicates doable
priorities based upon the environment in which we operate.  In addition, we
actively work behind the scenes and commit resources to affect and change
this environment.

 On an annual basis, we communicate federal legislative and global
opportunities which we believe affect our operations via briefings to Steve
Kean, who along with our assistance, submits our proposed goals to the Enron
Management Committee,  Global CEO's , individual operating company heads and
heads of key divisions.  Many dialogues and briefings occur resulting in goal
adjustments and additions.  During this dialogue, we advise on possible new
corporate strategies based upon political realities and communicate necessary
resources required in order to achieve the legislative successes.

Once this vetting process is complete (December-January timeframe), and the
Management Committee prioritizes the federal Corporate goals, we submit our
budget and assure this budget directly correlates to the necessary resources
(both human and financial) detailed and allocated to meet these priorities.
(Note:  the budget process usually occurs in the August-October timeframe).
On the financial side, we keep current as to the rates and the expertise
available on the market, as well as, track potential conflicts of interest.
It's our job to know our environment and to lay out strategy.  On an annual
basis, we adjust our resources which can include dropping some issues,
reassigning personnel, hiring or letting go necessary outside counsel, etc.

We remain mindful that in order to achieve legislative success, it is
necessary to follow long-term planning so as to allow for us to build
credibility, keep important political relationships viable and, ultimately,
place us in the best possible political position to achieve success.

Our budget does its best to recognize that the Congressional process can be
unpredictable and that Congress reacts to fast occurring events and public
reaction.   It is rare when we have not foreseen some form of a potential
issue; thus, we always operate within budget.  An example of a contingency
issue would be India setting off a nuclear device, a possibility we had
accounted for yet could not possibly exactly predict nor could we predict the
fall-out and precise Corporate impact.  However,we were still able to budget
for possible permutations for such an occurrence and make adjustments as
needed in order to meet our goals and stay within our budget.  Based upon the
experience of the people in our office, we have been very successful in
anticipating these type of occurrences.

Our report details our 1999 results and projects Enron priorities for 2000
although neither the President's State of the Union address which outlines
the Executive Branch's legislative agenda for 2000 nor the Republican
Congressional response and 2000 Congressional legislative agenda has as of
yet been delivered nor finalized.


Ca energy issues are out of control. Consumer groups are screaming about
gouging. I will email today's articles from the Chronicle. The market has
gone down more today with MSFT info after hours. Will keep being choppy. Glad
no further rearrangements at ENE. You mentioned Bonds the other day, do you
want some tax free muni ideas. If so how far out would you be comfortable
with? I will talk to my Dallas muni desk for suggestions. How big was that
check I was watching for? Ben

-----Original Message-----
From: Greg.Whalley@enron.com [SMTP:Greg.Whalley@enron.com]
Sent: None
To: Benjamin Bergfelt
Subject: RE: account

I'm not still short QQQ.  I covered at 68 1/2 in the after market while we
were on the phone, after the Florida supreme court statement.

The world has gone truly crazy about CA energy prices.

Not expecting any job changes due to the Skilling/Lay thing.  But a lot of
people are giving me shit anyway.  The recent reorganization that gave me
my current job was done so that Skilling wouldn't have to put anyone in the
COO position.

----Original Message-----
   >From:      "Benjamin Bergfelt" <ben.bergfelt@painewebber.com>
   >To:             "'gregwhalley@yahoo.com'"
<gregwhalley@yahoo.com>,"'greg.whalley@Enron.com'" <greg.whalley@enron.com>
   >Cc:
   >Bcc:
   >Subj:      account
   >Sent:      Wednesday, December 13, 2000 6:21 PM
   >
   >Greg, how big was that last check you told me to watch for. I will
transfer the remaining to the LIR. QQQ improved for your short today to
close at 68 47/64. Nothing good out of CA utilities and power. Nat Gas
lower today. I will watch tonight the new President and the vanquished.
Also, will today's announcement about ENE effect you? Ben