Forgot to send the darned thing to you!  Sorry.
----- Forwarded by Jeff Dasovich/NA/Enron on 04/10/2001 09:04 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	04/10/2001 05:28 PM

		 To: hgovenar@govadv.com, Scott Govenar <sgovenar@govadv.com>,
MDay@GMSSR.com, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Janel
Guerrero/Corp/Enron@Enron, Karen Denne/Corp/Enron@ENRON, mpalmer@enron.com,
skean@enron.com, Linda Robertson/NA/Enron@ENRON, Tom Briggs/NA/Enron@Enron,
Joe Hartsoe/Corp/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Donna
Fulton/Corp/Enron@ENRON, Susan J Mara/NA/Enron@ENRON, Sandra
McCubbin/NA/Enron@Enron
		 cc:
		 Subject: FERC Hearing in Boise

Greetings:

Sue Landwehr will be sending around a more comprehensive summary of what
happened at today's FERC hearnig in Boise but asked me to pass along the
following.

Each state was only allowed to have two people at the table.  For California
it was Assembly Speaker Hertzberg and Geoff Brown (newly appointed CA PUC
Commissioner).

Hertzberg did a credible, matter-of-fact job of explaining what California's
doing to resolve the crisis (nice to know that there's someone out there who
can explain what the heck California's doing).  Hertzberg then asked that
FERC do "its part" by imposing price caps in Western wholesale markets.

Hertzberg didn't mention the PG&E bankruptcy or Davis' deal with Edison.

Overall, the "no price cap" message won the day (though Breathitt seems to be
under considerable pressure to give in to caps).

The Governor of Arizona (Jane Hull) had a staffer deliver a letter signed by
9 republicant governors opposing price caps.  Sue will be distributing the
letter.

Best,
Jeff


Sally,
This is the current status of the outstanding Peformance Evaluations.

Michelle Cash is reviewing the following:
Chris Mendoza
Ron Gaskey
Robert Lloyd
Alton Honore
Mathew Lippert

Shawna Johnson:  Supervised by Carrie Hollomon & Jeff Gossett.  Evaluation
turned in to HR and will be forwarded to Legal
Gloria Barkowsky: Supervised by Bryce Baxter.  Forwarded to supervisor
today.  Date for evaluation to be set up soon.
Cynthia Gin: Supervised by Bob Klein.  Date for review is 8/24/00.
Aimee Lannou: Supervised by Pat Clynes.   Status:  Not forwarded to HR as of
today.

Let me know if there is any other information that I can provide.
We are keeping track of all evaluations that have been executed to date.
We will pursue the outstanding evaluations after we wrap up this process
first.

hgm


508786 has been changed to 50 MW.

509085 was just entered:
Enron buys Duke
50 MW
Cal-02
PV
135.00

K

Evelyn Metoyer@ENRON
01/30/2001 02:04 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 1/30 errors con't

Mike Swerzbin:

ref 508786
Prebon says should be 50 mw not 25

I am missing the following deal per Prebon for Mike:
Enron buys Duke 50 mw of Cal'02 PV at $135.00

TOM ALONSO

Ref 509009 and Ref 509010 Prebon does not recognize.


Per Sara's request, I am attaching the Southern Ute Indian Tribe ISDA
worksheet for your files.  Please let me know if you need anything else for
these guys.

Thanks,

John


Here's the document that I received from the lobbyist today.  It's the same
document that I distributed internally yesterday.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 05/31/2001 05:26 PM -----

	"Delaney Hunter" <dhunter@s-k-w.com>
	05/30/2001 12:29 PM
	Please respond to dhunter

		 To: "Jeff Dasovich (E-mail)" <jdasovic@enron.com>
		 cc:
		 Subject: Asm Dem Plan

A little something we got our hands on.....
 - Assembly Demo Plan.doc


Have a safe trip home.love brad


Here are the notes I promised:

(See attached file: VALUE.ppt)
Mukesh
 - VALUE.ppt


Phil,
       Due to the increasing demands on Stan, I'd like to offer our help in meeting and communicating with the field (Hayes, Harris, Neubauer, Miller, Kilmer, and myself).  Stan's already taken, and I'm sure that you have taken, more than your share of unwarranted heat and criticism, so we'll help tow the line.  Would there be an opportunity for field visits in the near future?  Let me know.

Dan


Per our conversation ...
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 03/29/2000
01:56 PM ---------------------------

	From:  Gary Hickerson                           03/29/2000 01:01 PM

To: Sara Shackleton/HOU/ECT@ECT
cc: Shane Dallmann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Various Issues

Sara,

Greetings!!!  Thanks for joining us again. I'm sure we'll have a blast and
yes let's get together so I can update you on our organization.

 I have attached a memo from our guy in Australia who just started in
January.  Please address his needs and let me know what the status of his
requests are in a couple of days.  Shane's office number is 011 61 2 9229
2412.

Paul S. called you because a London group thought they had the ok from Paul
to trade financials in the UK.  I simply asked him what the difference was
between that group and mine with respect to Enron's UK regulatory status.

Regards,

Gary

---------------------- Forwarded by Gary Hickerson/HOU/ECT on 03/29/2000
12:45 PM ---------------------------

"Shane Dallmann" <Shane.Dallmann@enron.com> on 03/28/2000 04:04:52 PM
To: Gary.hickerson@enron.com
cc:
Subject: Various Issues

---------------------- Forwarded by Shane Dallmann/ENRON_DEVELOPMENT on
03/29/2000 09:01 AM ---------------------------

Shane Dallmann
03/23/2000 02:53 PM

To:   ghicker@ect.enron.com
cc:

Subject:  Various Issues

Gary,

I haven't been able to get a hold of you the last couple of days and there
are a
few things I wanted to discuss.

1. If you don't have a problem I am proposing to put in place an execution
agreement with ABN Amro Futures who will give up to Commonwealth Bank on
behalf
of Carr. I have already put the steps in motion for this to occur through
Shari
Stack.

2. I would like to put in place an ISDA between ENA and Commonwealth Bank as I
have been talking to their FX desk and would like to be in the position of
being
able to trade with them. I will talk to Credit about it if you don't have a
problem.

3. The laywer here told me the other day that we have not signed an ISDA with
Westpac because of a disagreement over guarantees. Apparently Westpac have
been
hard to deal with through the whole process although all other issues have
been
signed off. When the FX contact came here for a meeting yesterday I told him
that I wouldn't be dealing with them until the ISDA was sorted out and he said
that Houston is dealing without an ISDA so I should. My concern is that while
we
are dealing with them there is no pressure on them to sort out the ISDA.

I sent a book to Clara about Australian financial markets and included in the
package a surf lifesaving cap because I had heard you wanted one. It is the
competition cap of Memaid Beach Surf Lifesaving Club.

Everything else is going fine

Regards,

Shane


----- Forwarded by Stacy Walker/Enron Communications on 02/05/01 09:28 AM
-----

	Kelly Kimberly
	Sent by: Stacy Walker
	01/31/01 03:25 PM

		 To: Brian Stanley/EU/Enron@Enron, Dan Bruce/HOU/ECT@ECT, Dave
Schafer/NA/Enron@ENRON, Eddie Clay/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elyse
Kalmans/Corp/Enron@ENRON, Gene Humphrey/Enron@EnronXGate, George
Wasaff/Enron@EnronXGate, Gregory Adams/Corp/Enron@ENRON, Hap
Boyd/EWC/Enron@Enron, James A Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Jean Mrha/NA/Enron@ENRON, Jere C Overdyke/HOU/ECT@ECT, Jimmy
Mogal/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mariella
Mahan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Schroeder/LON/ECT@ECT,
Michael Terraso/OTS/Enron@Enron, Miguel Padron/NA/Enron@ENRON, Mitchell
Taylor/Corp/Enron@ENRON, Paula Rieker/Corp/Enron@Enron, Rick Buy/HOU/ECT@ECT,
Rob Walls/NA/Enron@Enron, Shelley Corman/Enron@EnronXGate, Steven J
Kean/NA/Enron@ENRON, Tim DeSpain/HOU/ECT@ECT, Vicki Sharp/HOU/EES@EES
		 cc: Kenneth Lay/Corp/Enron@ENRON, Rosalee Fleming/Corp/Enron@ENRON, Jeff
Skilling/Corp/Enron@ENRON, Sherri Sera/Corp/Enron@ENRON, Nicola
Blancke/EU/Enron@Enron, Mary Weatherstone/Enron@EnronXGate, Lisa
Costello/NA/Enron@Enron, Barbara Hooks/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Zulie Flores/Corp/Enron@ENRON, Bert Frazier/Enron@EnronXGate, Karina
Prizont/Enron@EnronXGate, Dortha Gray/GPGFIN/Enron@Enron, Connie
Blackwood/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Melissa Jones/NA/Enron@ENRON,
Donna Baker/HOU/ECT@ECT, Leena Mathews/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Isabel Romero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Beverley
Ashcroft/LON/ECT@ECT, Laura Glenn/OTS/Enron@ENRON, Karen E
Campos/NA/Enron@ENRON, Rosario Boling/Corp/Enron@ENRON, Laura
Valencia/Corp/Enron@ENRON, Karen K Heathman/HOU/ECT@ECT, Debra
Hicks/NA/Enron@Enron, Ruth Mann/Enron@EnronXGate, Maureen
McVicker/NA/Enron@ENRON, Marion Sczykutowicz/HOU/ECT@ECT, Michelle
Maynard/HOU/EES@EES, (bcc: Stacy Walker/Enron Communications)
		 Subject: Corporate Responsibility Task Force meeting

Attached are the details of the next Corporate Responsibility Task Force
meeting set for next Tuesday, February 6, from 9:00 to 11:00 a.m. CST in
Houston.


Just to let you know before it goes out, I have been instructed by Steve Kean that I cannot file separate pleadings for ENA and EES -- we will not have affiliates filing separate documents in the same proceeding at FERC.  The comments you reviewed earlier will be filed in one document by Enron Corp.


well then, why don't you simply take 46291 and divide by the total number of trading days in the year.  :)

 -----Original Message-----
From: 	Abel, Chris
Sent:	Friday, January  18, 2002 10:49 AM
To:	Evans, Casey
Subject:	RE: information for the creditors committee

EOL said there were 818 transactions per day for East and West.  That is a little more than 75% if the total transactions is 46,291.

Chris

 -----Original Message-----
From: 	Evans, Casey
Sent:	Friday, January 18, 2002 10:31 AM
To:	Wilson, Shona; Abel, Chris
Cc:	Albrecht, Kristin; White, Stacey W.; Postlethwaite, John
Subject:	RE: information for the creditors committee

For East and West Power combined as of 11-30:

1.  total number of active trades - 46,291
2.  total number of active counterparties - 215

 -----Original Message-----
From: 	Wilson, Shona
Sent:	Wednesday, January  16, 2002 1:49 PM
To:	Albrecht, Kristin; Mills, Scott; Gossett, Jeffrey C.; White, Stacey W.; Keiser, Kam; Evans, Casey; Vinson, Donald Wayne; Stevens, Martha; Glover, Sheila; Carrington, Clara; Horn, Cindy; Oliver, David; Sweeney, Kevin; Hall, D. Todd; Prejean, Frank; Swinney, John; Best, John; Thomas, Sheri; Moscoso, Michael E.; Hanson, Kristen J.; Mao, Shari; Miralles, Albert; Loibl, Kori; Reeves, Kathy; Gillis, Brian; Thurbin, Simon
Cc:	Thapar, Raj; Pearce, Barry; Hall, Bob M; Beck, Sally; Abel, Chris; Ayala, Susie; Trevino, Susan
Subject:	information for the creditors committee

As we discussed yesterday, here is the list of information that we need to gather to put into the booklets.  Please give us information (Chris, Keith, Susie, Susan and me) information as you get it.  The first priority is the rolls supporting the DPR information.  Also, please remember that all information needs to be reconciled to DPR information.  Please let Chris, Keith & myself know of your time frame to get us this info.  Currently, expectations are that we should have at least the rolls by the end of the week this week.

 << File: booket info needed.xls >>

Thanks

Shona Wilson
Director, Global Risk Operations
X39123


A different kind of personality test...

http://www.cmi-lmi.com/enterppp.html


The attached file is an update of the CES FOM June'00 request that was
transmitted on 5/26/00.  The changes between this version and the original
version are listed in the worksheet labelled "Comments".   The only changes
versus Friday's transmittal are to AGL volumes delivered on Transco.

The worksheet labelled 'Total Reqs.' and the one labelled 'Jun00 EPA Vols'
show
volume requirements at the various citygates.  I have not adjusted our volume
requirements to reflect supply from local production behind some LDCs per
Chris
Germany's e-mail of 5/24/00.  However, I have inserted notes indicating where
and what portion of the citygate volumes shown, will be supplied by local
production per Chris's aforementioned e-mail.

Also:  The volumes in the attached are requested pursuant to the 12/99 Energy
Purchase Agreement between Enron and CES.  During June 2000 CES will be
procuring additonal volumes from Enron under a separate deal, which should not
be confused with this request.

Doug Kinney
Ph:  703-561-6339
Fax:  703-561-7317

 - Jun00_FOM_Req4.xls


Can't remember if I ever shared this with you two.  (Michelle, Dusty sent this following one of the GSP conversations)

 -----Original Message-----
From: 	"Burke, Dusty" <dburke@velaw.com>@ENRON [mailto:IMCEANOTES-+22Burke+2C+20Dusty+22+20+3Cdburke+40velaw+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, June 19, 2001 6:21 PM
To:	Barrow, Cynthia
Subject:	Leased Employee Memorandum

Cynthia:  Attached (for  your reading enjoyment when you are REALLY bored) is a memorandum summarizing  the "leased employee rule" under section 414(n) of the Internal Revenue  Code.  As I mentioned, the "recordkeeping exception" outlined in the memo  and in the attached chart (if you meet the requirements) will keep you from  having to track leased employees, related hours, etc.  In addition, the  recordkeeping exception gets you out of the requirement to grant participation  and vesting service credit in the case of any temp/contractor who is later hired  by Enron as a regular employee, which you otherwise have to do.  Let me  know if you have any questions.  Dusty  Burke.
Miriam M. (Dusty) Burke
Vinson  & Elkins L.L.P.
One American Center
600 Congress Avenue, Suite 2700
Austin, TX 78701
(512) 495-8425; (713) 758-3558 (telephone)
(512)  236-3411 (fax)
dburke@velaw.com

 - Leased Employee Rule - Internal Revenue Code Section 414(n).DOC


Vince -
Here is the Java job description.  The other is similar, but for a more
experience SE.
Bill

>  -----Original Message-----
> From: 	Melony Newman
> Sent:	Monday, June 04, 2001 11:40 AM
> To:	William Balson
> Subject:	FW: job description
>
> here you go....
>
>  -----Original Message-----
> From: 	Colin Jacobs
> Sent:	Tuesday, March 13, 2001 6:49 PM
> To:	Melony Newman
> Subject:	job description
>
> J
> Enterprise Java Developer
>
> Our company is a finance-industry startup bringing new technology to a big
> market. We're a small team building a big product and having fun while we
> do it. We're looking for someone enthusiastic about Java technology to
> help us build our online exchange. We require a creative, fast learning
> developer with enough Java experience to take a new API and run with it.
>
> Required:
> 	Good communication/creativity/sense of humor
> 	1-2 years of Java
> 	Working knowledge of XML
> 	Working knowledge of JSP/Servlets
> 	Familiarity with web technologies
>
> Pluses:
> 	EJBs; experience with Weblogic and/or Orion
> 	XSL/XSLT
> 	JavaMail
> 	JMS
> 	Financial experience
> 	Other programming languages
>
> ------------------------
> Colin Jacobs
> Software Architect
> Opt4 Derivatives, Inc.
> http://www.opt4.com
>


Can you play hockey tommorrow night at 5 ish... we have the saddledome.


Jeff, I did leave you a message on Friday that I was unable to meet with DWR on monday... You and I need to hook up on Monday to discuss plan of attack regarding gas and as per your original message I agree with you, it starts with some basic discussions around their intent, vs trying to bang out a Master agreement that may go no where.

Talk to you today I hope.

BT


Barry,

Generally, the seller of an option does NOT incur taxable income on the receipt of an option premium.  Instead, the option premium is held as an "open transaction" (ie. no current tax consequences) until the option is exercised, sold/terminated in a closing transaction, or lapses.  Similarly, the purchaser of an option does not get an immediate tax deduction when it pays an option premium.

The ultimate tax impact to the option seller and purchaser depends on what happens with the underlying option.  For example, if the option is exercised, then the option seller adds the option premium to the strike price to determine the total amount realized on the sale of the underlying commodity.  (This total amount realized is then used to determine whether the seller has taxable gain or loss on the underlying sale).  From the option purchaser's perspective, the option premium is added to the strike price to determine its tax basis in the underlying commodity.

In the case where the option is allowed to lapse, the option seller treats the option premium as taxable income on the date that the option lapses.  Similarly, the option purchaser takes a deduction for the option premium on the date that the option lapses.

Hopefully this gives you a little bit of an overview of the general rules governing the taxation of options.  Notwithstanding the above overview, I would still like to visit with you regarding the proposed transaction as there are certain "exceptions" or "nuances" to the general rules that could apply.  As such, once you have had a chance to review, please give me a call at ext. 3-5846 so that we can discuss further.  Thanks.

MRC

 -----Original Message-----
From: 	Tycholiz, Barry
Sent:	Monday, October  29, 2001 7:32 AM
To:	Clark, Morris
Subject:	Taxable Income

Morris... if ENA were to sell options to a third party and receive the option premium up front... for example $ 10MM $'s.... would that be considered taxable income?

We would also be buying the option from another party or hedging this structure and this cash would be used to offset future liabilities related to the deal.

BT


Hello, Bill!   Stan will attend in person.

Cindy

Billy Dorsey@ENRON_DEVELOPMENT
05/02/2001 12:03 PM
To:	Cliff Baxter/HOU/ECT, Jeremy Blachman/HOU/EES@EES, Philippe A Bibi/HOU/ECT, Raymond Bowen/HOU/ECT, Michael R Brown@ECT, Rick Buy/HOU/ECT, Richard Causey@ENRON, Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Cox@Enron Communications, David W Delainey/HOU/EES@EES, James Derrick/Corp/Enron, Steve Elliott@ENRON COMMUNICATIONS, Jim Fallon/Enron Communications@Enron Communications, Andrew S Fastow/HOU/ECT, Mark Frevert/NA/Enron, Ben Glisan@ECT, Kevin Hannon@ENRON COMMUNICATIONS, Rod Hayslett/FGT/Enron, Stanley Horton@ENRON, James A Hughes/ENRON_DEVELOPMENT, Steven J Kean/NA/Enron@Enron, Louise Kitchen@ECT, Mark Koenig@ENRON, Kenneth Lay@ENRON, John J Lavorato/Enron@EnronXGate, Dan Leff/HOU/EES@EES, Danny McCarty@Enron, Mike McConnell/HOU/ECT@ECT, Rebecca McDonald/ENRON_DEVELOPMENT, Jeffrey McMahon/HOU/ECT, Mark Metts/NA/Enron, Mark S Muller/HOU/EES@EES, Cindy Olson@ENRON, Karen S Owens@ees@EES, Ken Rice@ENRON COMMUNICATIONS, Matthew Scrimshaw@ECT, Jeffrey A Shankman/Enron@EnronXGate, Jeffrey Sherrick/Corp/Enron, John Sherriff@ECT, Jeff Skilling@ENRON, Marty Sunde/HOU/EES@EES, Greg Whalley@ECT, Thomas E White/HOU/EES@EES, Greg Piper/Corp/Enron, Janet R Dietrich/HOU/EES@EES
cc:	G G Garcia/NA/Enron, Susan Skarness/HOU/ECT, Karen K Heathman/HOU/ECT, Sharron Westbrook@ENRON, Kay Chapman/HOU/EES@EES, Stephanie Harris/Corp/Enron, Bridget Maronge/HOU/ECT, Nicki Daw/NA/Enron, Inez C Dauterive@ECT, Carol Ann Brown@ECT, Cindy Stark@ENRON, Maureen McVicker/NA/Enron@Enron, Joannie Williamson@ENRON, Rosalee Fleming@ENRON, Tori L Wells@ECT, Cathy Phillips@ECT, Loretta Brelsford/ENRON_DEVELOPMENT, Sue Ford/HOU/ECT, Dolores Fisher/NA/Enron, Karen Owens/HOU/EES@EES, Dorothy Dalton@ENRON COMMUNICATIONS, Mercedes E Estrada@Enron Communications, Christina Grow/Corp/Enron, Lauren Urquhart@ECT, Sherri Sera/Corp/Enron@ENRON, Liz M Taylor@ECT, Judy G Smith/HOU/EES@EES, Kathy McMahon/NA/Enron@Enron, Suzanne Danz@ENRON, Peggy McCurley/HOU/ECT, Marsha Schiller/HOU/ECT, Samantha Lopez-Dias/EU/Enron@Enron, Jana L Paxton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Connie Blackwood/ENRON_DEVELOPMENT, Tammie Schoppe@ECT, Kimberly Hillis/HOU/ECT, Jennifer Burns/HOU/ECT, Sharon Dick/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES, Kerry Ferrari@ECT, Carol Moffett/HOU/EES@EES, Jennifer T Adams/HOU/EES@EES, Leah Rijo@ECT, Lucy Marshall/Enron Communications@Enron Communications, Kathy Campos/GPGFIN/Enron, Julie Armstrong@Enron, Binky Davidson/HOU/EES@EES, Mrudula Gadade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kelly Johnson@Enron, Rebecca Carter@ENRON, Tina Spiller/Corp/Enron, Vivianna Bolen/Corp/Enron, Linda Hawkins/Corp/Enron, Vanessa Bob/Corp/Enron, Esmeralda Hinojosa/HOU/EES@EES

Subject:	re: Executive Committee Meeting

Executive Committee Weekly Meeting
Date:		Monday, May 7th
Time:		11:00 a.m. (CDT)
Location:	50th Floor Boardroom
Video:		Connections will be established with remote locations upon request.
Conf call:	AT&T lines have been reserved.  Please contact Sherri Sera (713/853-5984)
		or Bill Dorsey (713/646-6505) for the weekly dial-in number and passcode.

Please indicate below whether or not you plan to attend this meeting and through what medium.

	Yes, I will attend in person	_______

	By video conference from	_______

	By conference call		_______

	No, I will not attend		_______

*  *  *

Please return this e-mail to me with your response by 12:00 p.m., Friday, May 4th

Thank you,
Bill Dorsey.


Kim Theriot's (head of EPMI contracts) phone and fax are still on the Texas PUC web site, so she is getting calls and faxes for EES.  Can you all please have the appropriate EES folks put on the web site?  Thanks.


-----Original Message-----
From: Davis, Dana
Sent: Wednesday, October 24, 2001 9:51 AM
To: Mendez, Nicole; Braden, Erica; Shanks, Reginald; Mary Dove (E-mail)
Subject: FW: I LOVE YA

>"I Love Ya'

 Suppose one morning you never wake up; do all your
> >  friends know you love them? I was thinking...I could die today,
> >  tomorrow
> >  or
> >  next week and, I wondered if I had any wounds needing to be healed,
> >  friendships that needed rekindling, or three words needing to be said.
> >  Sometimes, "I love you" can heal & bless. Let every one of your
> >  friends
> >  know
> >  you love them. Even if you think they don't love you back, you would
> >  be
> >  amazed at what those three little words and a smile can do. Just in
> >  case I die tomorrow.....I LOVE YA!!!  Send this to at least 4 people
> >  you love and send it back to the person who sent it to you.
>

*****************************************************************************
The information in this email is confidential and may be legally privileged.
It is intended solely for the addressee. Access to this email by anyone else
is unauthorized.

If you are not the intended recipient, any disclosure, copying, distribution
or any action taken or omitted to be taken in reliance on it, is prohibited
and may be unlawful. When addressed to our clients any opinions or advice
contained in this email are subject to the terms and conditions expressed in
the governing KPMG client engagement letter.
*****************************************************************************


Good Morning!

Cheryl has contacted me this morning to tell me she is very sick.  She has
expressed to me that she will be seeking a doctor appointment this morning,
and if possible, will try to come in this afternoon around 5pm.  However, she
will check her voicemail periodically.  If you should need immediate
assistance, please feel free to contact me directly.   Thank you for your
attention to this matter.

Regards,
Keegan Farrell
(713) 345-3317
EB3875

p.s. - Kayla and Karina:  Cheryl indicated to me that she is working on many
issues with GSS, and if possible would like to notify the persons involved in
those matters.  Please call me to tell me how I can aid in doing so.  Thank
you!!!!


Concerning you question about a customer list for gas agreements,  we do not
have such a list.

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


It won't hurt my feelings if you want to contact ABB's lawyer directly. His
name is Dave Onuscheck, and his email is david.onuscheck@us.abb.com.  I'm
home with a sick kid, and I don't have his telephone number with me.

Peter Thompson has worked on the form.  Do you have the draft with the memo
of issues?

Kay


-----Original Message-----
From: 	Jones School News <JONESNEWS@listserv.rice.edu>@ENRON   On Behalf Of JGSMNews <JGSMNews@RICE.EDU>
Sent:	Friday, December 14, 2001 11:56 AM
To:	JONESNEWS@listserv.rice.edu
Subject:	[JONESNEWS] @Jones: News and Information from the Jones School

@Jones: News and Information from the Jones  School
December 14,  2001
New Website -- http://jonesgsm.rice.edu
Web Calendar --  http://jonesgsm.rice.edu/calendar
Alumni  Directory To Be Launched January 1, 2002
Alumni Happy Hour -- January 9,  2002
Rice Alliance, Executive Education Host "Markets in Transition"  Symposium -- January 10, 2002
Dean's Lecture Series Welcomes Jim Day, CEO,  Noble Drilling -- January 23, 2002
TXU Sponsors Partio -- January 24,  2002
All-Class Reunion -- February 28 - March 2, 2002
Alums Invited to  Participate in Recruiting Events
Dean Whitaker in Time Magazine
Class Gift  Campaign: Frequently Asked Questions
Rice MBAby Rompers
Admissions  Counselors
History
Campaign
-----------
News
-----------
The  Jones School has a newly designed website: please take a look at http://jonesgsm.rice.edu .  Look more than  once, please, because the homepage changes each time you visit.  Like all  websites, this one is -- and always will be -- a work in progress. Our goal is  to have the most useful and attractive business school website possible, and  your suggestions and comments will be greatly appreciated. Assistant Director of  Public Relations Maileen Hamto is the webmaster and project manager with ESX.  The design was done by RandomSky Design Studio. Comments and suggestions are  welcome: contact Debra Thomas, dthomas@rice.edu , 713-348-6343.
The website includes the Jones School calendar that will feature  all on- and off-campus events hosted by the Jones School, including the academic  calendar, student club activities and meetings, social events, recruiting trips,  CPC-sponsored events, etc. The calendar will replace the schoolwide internal  Yahoo! calendar. Please add the URL http://jonesgsm.rice.edu/calendar  to your "favorites" or "bookmarks" folder on your web  browser.
Alumni will be able to use the Association of Rice Alumni  Online Directory -- a web-based database of alumni information  -- at its scheduled launch January 1, 2002. Students should have access to  the directory once the online career component is implemented, hopefully in the  spring. http://www.jonesgsm.rice.edu/jonesgsm/Alumni_Directory.asp?SnID=$LC:SnID$
Alumni are invited to the next Alumni Happy Hour, to be held  Wednesday, January 9, 2002 at The Gingerman located at 5607 1/2 Morningside  Drive in the
Rice Village area. Look for the JGS Alumni meeting area,  designated by a blue and white Rice tabletop sign. The event, a chance to  network with
fellow alumni, will be very informal. Please come after work  (around 6 p.m.), bring friends and look for other JGSers! If you would like  to
participate in planning these events or have additional input, please feel  free to contact either Brian Harry (MBA '99) at brian.e.harry@us.pwcglobal.com , Mira Balakrishnan (MBA '95) at mira_balakrishnan@standardandpoors.com  or the JGS Alumni Office at jgsalum@rice.edu
New business models and opportunities have been created by new  markets, but heightened concerns about privacy and security have arisen. The  Rice Alliance for Technology and Entrepreneurship and Rice University Executive  Education hosts the "Markets in Transition" symposisum from 12:30 to 7 p.m. on  Thursday, January 10, 2002, at Alice Pratt Brown Hall, Rice University. The  event brings together national and local thought leaders to explore the issue of  privacy and security of economic transaction and personal records. Speakers  include Bob Beauchamp, CEO, BMC Software; Doug Erwin, CEO< PentaSafe  Secxurity Technologies; and Terry Jones, CEO, Travelocity.com, among others. For  more information, contact alliance@rice.edu , phone 713-348-3443, or  visit http://www.alliance.rice.edu/rsvp2002/
Jim Day, Chairman of the Board and Chief Executive Officer of  Noble Drilling Corp., will speak at the Dean's Lecture Series, Wednesday,  January 23, 2002. Day was elected CEO and President in 1984 and Chairman of the  Board in 1993 for Noble Drilling, which operates a fleet of 49  deepwater offshore mobile drilling units and manages nine platform operations  for major operators in the North Sea and the east coast of Canada. http://jonesgsm.rice.edu/jonesgsm/NewsBot.asp?MODE=VIEW&ID=53&?SNID=$LC:SnID$&FullStoryArea=NEWSFULLSTORY

Students, alumni, faculty, and staff are invited to  the January 24 Partio hosted by TXU Corp. Partios are hosted weekly as an informal  networking opportunity between company reps, students, alumni, and faculty.  Contact Joy Schaerrer, 713-348-5371, e-mail joys@rice.edu .

Alumni are invited to participate as  volunteers in Rice MBA and MBA for Executives recruiting events scheduled  for the spring. Your help in talking with and interviewing prospective  applicants will be greatly appreciated. Information Sessions, Open Houses, and  MBA Forums will be held at the Jones School and other venues during the spring.  Contact Stacie Easterling, Associate Director of Admissions, to volunteer  for MBA Program recruiting events: phone: 713-348-6154, easter@rice.edu . To volunteer for MBA for  Executives recruiting events, contact Kay Henry, Director, MBA for Executives:  phone 713-348-4731, henryk@rice.edu . To  view a list of recruiting events, click http://jonesgsm.rice.edu/calendar   and select "Recruiting Events."

Mark your calendars for the third annual All Class  Alumni Reunion Event, scheduled from Thursday through Saturday, February 28 -  March 2, 2002. Chuck Watson, CEO, Dynegy, is keynote speaker for the 27th Annual  Alumni Dinner scheduled for February 28. Participants will enjoy the annual  student/alumni golf tournament, new building tours, and the annual reunion  reception on March 1. Alumni College and the Dean's Lunch will be held on March  2. For more information, contact Deanna Sheaffer, MBA '96, Director of Alumni  Affairs, sheaffer@rice.edu .

Dean Gil Whitaker was featured in the global  business edition of the October 29 issue of Time magazine where he was  identified as a "World Beater: People to Watch in International Business."  Whitaker was chosen for his efforts to diversify the school and pictured with a  number of black, Hispanic and women students. http://www.jonesgsm.rice.edu/jonesgsm/NewsBot.asp?MODE=VIEW&ID=52&?SnID=$LC:SnID$
The Jones Graduate School Class Gift Challenge is to  get all classes to make class gifts to the Jones School in honor of the Next  Century Campaign and
the 26th graduating class. The class (or classes) with  the highest participation rate will be honored with a dinner in the new  building. For
more information, contact Maya Houston, houstonm@rice.edu  phone 713-348-6145. http://www.jonesgsm.rice.edu/campaign
Alumni Moms and Dads may receive a free Rice MBAby  baby romper for the newest addition to their family. Send us a picture of your  baby
wearing the romper for the alumni website.  http://www.jonesgsm.rice.edu/jonesgsm/Alumni_Update_Information_Form.asp?SnID=$LC:SnID $
---------
Online
---------
Admissions  counselors recruit, interview and evaluate prospective candidates. An elite  group of second year students, these counselors embody the collaborative,  diverse, and enriching experience that represents the Rice MBA. http://www.jonesgsm.rice.edu/jonesgsm/Admissions_Counselors.asp?SnID=$LC:SNID$
As the Jones School celebrates its 25th anniversary,  we invite you take a retrospective look at the last 25 years and a peek into the  future of the Jones School. http://www.jonesgsm.rice.edu/images/jonesgsm/history/index.html?SnID=$LC:SnID$

Learn about new and upcoming initiatives and programs  at the school, and view artist renderings of the new $60 million building,  currently under
construction. http://jonesgsm.rice.edu/campaign .

---------------------------------------
@Jones:  News and Information from the Jones School, the Jones School e-newsletter, is  published monthly by the Public Relations Department of the
Jesse H. Jones  Graduate School of Management. The Jones School website http://jonesgsm.rice.edu  is updated  frequently and we encourage you to visit
the site regularly to get the latest  news and information about new initiatives and programs at the Jones School. To  submit items to be posted
on the Jones School website, please e-mail  JGSMNews@rice.edu or call 713-348-6364.


Homer -

The problem with the language you suggest is that it will be triggered by any
term that is longer than a month.  As far as I know, we have never had a
product that went from mid-month to mid-month.  Is that a real issue for us
here?  We have language in a few products already that takes care of the
second issue (deals shorter than one month):

Each calendar month during the term of the Transaction will be a
Determination Period; provided that, if the term of the Transaction is less
than one calendar month, the Determination Period shall be the term of the
Transaction.

In some cases (e.g. power swaps), when the deal is for less than a month the
payment dates are modified to fall at the beginning of the following month
(rather than 5 days after the floating price is determinable).  That is a
commercial call.  Just let me know how you want to handle that issue.

If mid-month to mid-month deals are likely, let me know and I will come up
with alternative language.

Mark

	Homer Lin
	06/01/2001 10:15 AM

		 To: Mark Taylor/HOU/ECT@ECT, Joe King/Enron@EnronXGate, Scott
Moncrieff/Enron@EUEnronXGate
		 cc: Carlos Alatorre/Enron@EnronXGate, Robert Quick/Enron@EUEnronXGate
		 Subject: Re: Tanker Freight Long Description

Mark,

Looks good.  The product description looks fine for copying the shipping
products that Scott Moncrieff is trading now in London.

I'm a little concerned about the line: "Each calendar month during the term
of the Transaction will be a Determination Period"...

Is it flexible enough in changing determination periods from mid-month to
mid-month?
As in June 15 to July 14 to represent a month?  Or will that just be another
Long Description that we would have to draft for another product type?

Also, what if we wanted to break up the determination periods into smaller
increments than one month?
Let us say a 1-week or 2-week period instead of a full month.

May be something like:
"Each calendar month during the term of the Transaction will be a
Determination Period unless otherwise specified by the Effective Dates"

That's my two cents,
Homer
x57642

From: Mark Taylor on 05/31/2001 06:25 PM
To: Joe King/Enron@EnronXGate, Homer Lin/HOU/ECT@ECT, Carlos
Alatorre/Enron@EnronXGate
cc: Scott Moncrieff/Enron@EUEnronXGate, Robert Quick/Enron@EUEnronXGate
Subject: Tanker Freight Long Description

Here is a draft of the US version.  Please let me know if it works for you.


FERC has issued a Notice of Extension of Time to file comments on the Notice of Proposed Rulemaking (NOPR)  on Standards of Conduct for Transmission Providers.   The due date for comments is now December 20, 2001.  The Notice is attached.

 - RM01-10.00B.doc


Earnings calender site:

http://biz.yahoo.com/research/earncal/20001017.html


The PRELIMINARY Violation Memos for 11/20/01 have been published and are available for viewing on the ERV:  http:\\erv.corp.enron.com - Violation/Notification Memo Section.


My last communication with Monica's attorney was that he was satisfied with
our responses to his request and that he was going to run the contract
through other groups at the city and would get back to us.  I can insert the
last wording change in the previous draft that I had provided to the parties
if you think that will speed up their attorney's signoff.
Attached is the final version of the contract.  Please feel free to forward
it to Monica.  If they are agreeable, please have them accept the red-line
changes, print 2 originals, sign and forward to Enron for final execution.

	Kim Ward
	04/02/2001 05:33 PM

		 To: Dan Hyvl
		 cc: Barry Tycholiz/NA/Enron@ENRON
		 Subject: City of Palo Alto

Dan,

What is our status with the Palo Alto Agreement?  According to Monica, they
are waiting on a final copy with the language that has been agreed to by both
parties.  She is ready to sign.  I know that we have lost one transaction due
to paper not being in place.  Can you send me the final document and I will
forward to Monica?

Also, can we discuss El Paso on Tuesday?

Thanks,

Kim


Some good news.  Your call to Gov Rowland was helpful.  We are not finished yet, but we are on our way.

 -----Original Message-----
From: 	Montovano, Steve
Sent:	Sunday, November 04, 2001 9:52 AM
To:	Kean, Steven J.; Shapiro, Richard
Cc:	Landwehr, Susan M.; Allegretti, Daniel
Subject:	FW: Fuel Cell Update

Steve/Rick - It appears that Gov Rowland is going to move this ball forward as he promised to do.  I have had several meetings since the Kean/Lay call with Rowland and the message from him has been consistent.  This is further confirmation.  Please call should you wish to discuss further.  SM

 -----Original Message-----
From: 	Allegretti, Daniel
Sent:	Tuesday, October 30, 2001 3:58 PM
To:	Montovano, Steve; Landwehr, Susan M.
Subject:	Fuel Cell Update


David:
On the last indemnity point, instead of us giving an actual indemnity, I
think that it would be better just to exclude from their indemnity such
losses.  That is what Mark and I have done in the past.

CArol


Gentlemen,

Attached are GE's comments which I just received.  They are concerned that we
tried to improve the contract.  Oh well.

I hope to get this resolved today so we can wrap it up early next week.

Talk to you soon,

Kay


FYI.  It appears that the California Governor is working pretty hard to stop
this market.  We are looking into the politics behind this letter, especially
who in the administration drove this dramatic response.

Jim

---------------------- Forwarded by James D Steffes/HOU/EES on 07/28/2000
07:29 AM ---------------------------

Jeff Dasovich on 07/27/2000 08:05:28 PM
To: James D Steffes/HOU/EES@EES, Sandra McCubbin/SFO/EES@EES, Susan J
Mara/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Richard Shapiro/HOU/EES@EES,
Mary Hain@ENRON_DEVELOPMENT, Joe Hartsoe/Corp/Enron@Enron, Cynthia
Sandherr/Corp/Enron@Enron, Paul Kaufman@EES, Dave Parquet@ENRON_DEVELOPMENT,
Tim Belden@ECT, Robert Badeer@ECT, Mark Palmer, Karen Denne/Corp/Enron@Enron,
Peggy Mahoney/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Roger
Yang/SFO/EES@EES, Kathleen E Magruder/HOU/EES@EES
cc:
Subject: California Governor Comes Out Hard for Price Caps

Just received by fax a press release and letters sent by Davis to Jim
Hoecker, the Chair and the CEO of the ISO, the Chair and the CEO of the PX,
the Pres. of the PUC, the Chair of the Energy Oversight Board.  The language
is highly charged and negative.  Tim/Bob:  Note call for caps on PX
equivalent to caps in ISO real time market.  In sum:

Letter to Chair and CEO of the ISO
Apply to FERC for extension of rate cap authority
Apply to FERC for finding that market is not competitive.
Reduce wholesale price cap to lowest reasonable level.

Letter to Chair and CEO of PX
Apply to FERC for bid caps in day-ahead and day-of spot markets equal to ISO
caps in real time markets.

Letter to Pres of PUC
Wholesale electricity market lacks competition.
Support filings that he's asked the ISO and the PX to make at FERC.
File a petition with FERC requesting a finding that "no competitive market
currently exists in California, and requesting an extenstion of the price cap
authority..."
Refund immediately to SDG&E consumers the $100 million dollars SDG&E "found"
in an account

Letter to Chair of Energy Oversight Board
Urge ISO to petition FERC for extension of price cap authority
Urge ISO to lower caps to lowest reasonable level
Urge ISO to file petition with FERC for finding that "no competitive market
for energy exists in California"

Letter to Hoecker (cc'd are Clinton, Boxer, Feinstein, Farr, Lewis, Burton,
Brulte, Hertzberg and Baugh)
"...there is virtually no price elasticity in this market, and little
prospect of change in the short run."
If FERC's investigation finds abuse, FERC should order refunds to consumers.


Please find attached Bastos response with Mike's changes highlighted.  I have also sent it out to Guido for his comments.

Andrea


Did you ever receive this signed confirm letter?

Kate
---------------------- Forwarded by Kate Symes/PDX/ECT on 02/26/2001 01:31 PM
---------------------------
Stephanie Piwetz   02/26/2001 01:32 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: PUD Grant County Confirms

Kate, can you please ask Holli if she has a copy of the following
confirmation(s) Deal 420554.01, 420563.01 (probably confirmed together).
Sharen Cason worked on the confirmation letter, but we never received a copy
for our records.  Can you please send us a copy of the Confirmation Letter so
we can properly scan the document in our system.  Thank you for your help.
Stephanie
713-646-2443 fax


Liz, I would love to go.  Can I let you know tomorrow as I am still not sure
what time by obligations here are over?    Mark


Osman,

Kevin Kindall is working on the
methods for operational risk.

Please, schedule a meeting with him and  Tanya
(myself included).

Vince

Osman Sezgen@EES
01/02/2001 02:02 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: VAR for business risk

Vince,

I am sorry that I had to miss the staff meeting today.

I am working on the PremiumPower issues--trying to set up a
meeting with Global Markets. I read their Business Plan and
will talk to Vasant to update him on the types of products they are
developing.

Another set of issues is related to including business risk (non-market risk)
into the VAR calculations. Several groups here need such
methodologies. Can we set up a brainstorming session when your
schedule permits?

Happy New Year,
Osman


-----Original Message-----
From: 	Soyal, Tara
Sent:	Thursday, June 28, 2001 8:55 AM
To:	Shoemake, Lisa; Makkai, Peter; Rogers, Benjamin; Thomas, Paul D.; Campbell, Larry F.; Willis, Cory; Philip, Willis; Stepenovitch, Joe
Cc:	Jablonski, Stan; Lopez, Susan; Terech, Henry; Garcia, Nina; Grubbs, Harry
Subject:	RE: Building Tour

Please note:   This tour is scheduled for tomorrow - June 29, 2001, not July 29th.  Sorry for the confusion.

 -----Original Message-----
From: 	Soyal, Tara
Sent:	Thursday, June 28, 2001 8:22 AM
To:	Shoemake, Lisa; Makkai, Peter; Rogers, Benjamin; Thomas, Paul D.; Campbell, Larry F.; Willis, Cory; Philip, Willis; Stepenovitch, Joe
Cc:	Jablonski, Stan; Lopez, Susan; Terech, Henry; Garcia, Nina; Grubbs, Harry
Subject:	RE: Building Tour

The Enron Center South building tour is scheduled for Friday, July 29, 2001.  Please meet down in the PLAZA near the round security desk promptly at 3:30 p.m.  Hardhats and safety glasses will be available at that time.

Please note:  No sandals, open-toe or tennis shoes/sneakers allowed.  Hard-soled shoes only.

Thank you.

 -----Original Message-----
From: 	Shoemake, Lisa
Sent:	Wednesday, June 20, 2001 2:27 PM
To:	Soyal, Tara
Subject:	Building Tour

We would like to set up a tour of the new building for June 29, 2001 for the following people.
1. Peter Makkai
2. Ben Rogers
3. Paul Thomas
4. Larry Campbell
5. Corry Willis
6. Willis Philip
7. Joe Stepenovitch

If you have any questions please let me know.

Thanks
Lisa x39194


Thanks so much for your quick response.

We're having the documents executed right now and will fax an executed copy
to you.  We may want to trade in the a.m.

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

	"Cosma, Marcelo (Toronto-BCE)" <Marcelo_Cosma@ml.com>
	05/23/2001 04:55 PM

		 To: "'Sara.Shackleton@enron.com'" <Sara.Shackleton@enron.com>
		 cc:
		 Subject: RE: Repo Agreement

Let's use the same dates, then.

Thanks,

Marcelo A. Cosma
Office of General Counsel--Canada
Tel.:  1-416-369-7478
Fax:  1-416-369-4551
E-mail:  marcelo_cosma@ca.ml.com

This email message is intended for the addressee only.  It may contain
information which is privileged, confidential or exempt from disclosure
under applicable law.  Any dissemination or copying of this email
message by anyone other than the addressee is strictly prohibited.

-----Original Message-----
From: Sara.Shackleton@enron.com [mailto:Sara.Shackleton@enron.com]
Sent: Wednesday, May 23, 2001 5:41 PM
To: Cosma, Marcelo (Toronto-BCE)
Subject: RE: Repo Agreement

no, same dates are fine with me

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

                    "Cosma,

                    Marcelo              To:
"'Sara.Shackleton@enron.com'" <Sara.Shackleton@enron.com>
                    (Toronto-BCE)        cc:

                    "                    Subject:     RE: Repo Agreement

                    <Marcelo_Cosm

                    a@ml.com>

                    05/23/2001

                    03:49 PM

Sara:

Do you have any issue with the signatures having the same date?

Marcelo A. Cosma
Office of General Counsel--Canada
Tel.:  1-416-369-7478
Fax:  1-416-369-4551
E-mail:  marcelo_cosma@ca.ml.com

This email message is intended for the addressee only.  It may contain
information which is privileged, confidential or exempt from disclosure
under applicable law.  Any dissemination or copying of this email
message by anyone other than the addressee is strictly prohibited.

-----Original Message-----
From: Sara.Shackleton@enron.com [mailto:Sara.Shackleton@enron.com]
Sent: Wednesday, May 23, 2001 4:48 PM
To: Marcelo_Cosma@ml.com
Subject: Re: Repo Agreement

Marcelo:

We are ready to execute.  You did not date your signature.  Do you want us
to use any particular date for your execution?  Thanks.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

                    "Cosma,

                    Marcelo              To:     "'Sara Shackleton'"
<Sara.Shackleton@enron.com>
                    (Toronto-BCE)        cc:

                    "                    Subject:     Repo Agreement

                    <Marcelo_Cosm

                    a@ml.com>

                    05/22/2001

                    07:28 AM

Sara:

Thank you for yoir fax of May 21st.  I apologize for the oversights you
noted.  Your suggestion of making the changes on your end is fine.

Regards,

Marcelo A. Cosma
Office of General Counsel--Canada
Tel.:  1-416-369-7478
Fax:  1-416-369-4551
E-mail:  marcelo_cosma@ca.ml.com

This email message is intended for the addressee only.  It may contain
information which is privileged, confidential or exempt from disclosure
under applicable law.  Any dissemination or copying of this email message
by
anyone other than the addressee is strictly prohibited.


Kate, also need copy of deal 432854.01.  Thanks

   Kate Symes                02/26/2001 03:41 PM

To: Stephanie Piwetz/HOU/ECT@ECT
cc:
Subject: Re: PUD Grant County Confirms

She doesn't have the signed confirm back yet. Sharen asked me about it a few
weeks ago, and Holli told me she'd send it to the confirms group as soon as
she got it. She's talking to her contact there right now to find out what's
going on. I guess she's getting a little fed up of beating around the bush
with these guys - so hopefully she'll get some concrete answers from them
today. I'll let you know whatever we find out this afternoon.

Thanks,
Kate

Stephanie Piwetz   02/26/2001 01:32 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: PUD Grant County Confirms

Kate, can you please ask Holli if she has a copy of the following
confirmation(s) Deal 420554.01, 420563.01 (probably confirmed together).
Sharen Cason worked on the confirmation letter, but we never received a copy
for our records.  Can you please send us a copy of the Confirmation Letter so
we can properly scan the document in our system.  Thank you for your help.
Stephanie
713-646-2443 fax


Enron Seminar Series in FinanceJones Graduate School of Management, Rice
UniversityLuigi ZingalesUniversity of Chicagowill give a seminar at the Jones
School on Friday, April 27,? "The Great Reversals: The Politics of Financial
Development in the 20th Century."The seminar will begin at 3:30 in Room 105.A
pdf of the paper is available through the seminar website:
http://www.ruf.rice.edu/~jgsfss/.

Fu-Kuo Albert WangAssistant ProfessorJones Graduate School of Management --
MS 531? Rice University? 6100 Main Street? Houston, TX 77005? Phone:
713-348-5404? Fax:???? 713-348-5251email: wangfa@rice.eduhttp
://www.ruf.rice.edu/~wangfa/


Danny:
I have your request in to Teresa to email document.  Reminder that I have blood test at 7:30 and will be at the office asap.  Audrey is covering phones and is updated on the situation.

-----Original Message-----
From: McCarty, Danny
Sent: Tuesday, November 20, 2001 5:16 PM
To: Armstrong, Julie
Subject: Re: ASAP Signature required

E mail the consent to me. I'll sign it in counterpart, then I'll find a fax somewhere and fax it back to you. E mail me at tcsjws@aol.com. Call me to give me a heads up.

Dan
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


It looks good to me.  Am I missing something?


fyi, on a different note, given legislative approval of frozen tariff application in SDG&E, we are determining best course of action.  Will follow up with you shortly.
Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/EES on 05/16/2001 08:44 AM ---------------------------

James D Steffes@ENRON
05/15/2001 06:42 PM
To:	David W Delainey/HOU/EES@EES, Janet R Dietrich/HOU/EES@EES, Dan Leff/HOU/EES@EES, Marty Sunde/HOU/EES@EES
cc:	Harry Kingerski/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron
Subject:	Final Commission Decision on 3c/kwh Rate Design

The CPUC voted out the decision today on the 3c/kwh Surcharge late today.  We are reviewing and will have a final analysis early tomorrow.

Jim

---------------------- Forwarded by James D Steffes/NA/Enron on 05/15/2001 06:40 PM ---------------------------

JBennett <JBennett@GMSSR.com> on 05/15/2001 06:15:49 PM
To:	"Harry Kingerski (E-mail)" <Harry.Kingerski@enron.com>, "Jeff Dasovich (E-mail)" <jdasovic@enron.com>, "Jim Steffes (E-mail)" <James_D_Steffes@enron.com>, "Lelie Lawner (E-mail)" <Leslie.Lawner@enron.com>, "Scott Stoness (E-mail)" <sstoness@enron.com>, "Sue Mara (E-mail)" <smara@enron.com>, "Sue Mara (Business Fax)" <IMCEAFAX-Sue+20Mara+40+2B1+20+28415+29+20782-7854@GMSSR.com>, "Tamara Johnson (E-mail)" <tjohnso8@enron.com>
cc:

Subject:	Final Commission Decision on Rate Design

At the continuation meeting held this afternoon, the Commission voted out
the Alternate Proposed Decision on SCE/PG&E rate design.  The vote was 3 to
2, with Bilas and Duque voting "no".

Absent a close reading (which I have not had the opportunity to do yet), it
is difficult to discern all the changes made to the alternate as it was not
put out in a red-lined form.  While the version voted out today contains a
lot more verbiage supporting the previously made resolutions of the issues,
the only real substantive changes made appear to be (1) it lowers the cap on
agricultural customers rate increases from 30% to 20% for agricultural TOU
customers, and to 15% for agricultural non-TOU customers; and (2) it places
an average rate increase cap on industrial customers.  For PG&E, this
average rate increase cap is 12.3 cents/kWh; for SCE its $12.9 cents/kWh.
The decision does not contain alot of explanation on the industrial cap.  I
am assuming that the "average rate increase" refers to the average across
TOU periods.

I will review the Decision more closely, providing a complete summary
tomorrow.  In the mean time, if you have any questions, please call.

Jeanne Bennett


Hello Everyone,

Scott and I recently met with the DC law firm of Swidler, Berlin as part of
the on-going discussions around forming a CLEC.  We asked for an analysis
that looks at a couple of our products in a sampling of states to see if they
would, in fact, trigger the requirement that we form a CLEC.  Swidler, Berlin
produced the attached memo which looks at Florida, Illinois and New York.  I
think you will find the information in the memo to be very consistent with
Scott and Donald's previous analysis of this issue.  We'll keep you posted as
the discussion goes on (and on and on).

Sue


Our new symbol (for Enron Common) will be ENRNQ. The stock will initially be traded via Pink Sheets and quoted OTC.  Trading should begin tomorrow.  The MIP's and other securities have also been assigned symbols.  Karen is drafting a press release.  Thanks .   MEK


Steve - I put together the following draft slide for next week's analyst
conference regarding RTO's.  Could you take a minute to review and let me
know if you have any comments/concerns.

I can be reached at x34785 or via e-mail.

Thanks.

David T. Leboe
Director, Investor Relations
Enron Corp.

Office  713.853.4785
Cell  713.562.2160
Fax   713.646.3002
Pager  877.237.7732
david.leboe@enron.com


---------------------- Forwarded by Darron C Giron/HOU/ECT on 03/19/2001
12:54 PM ---------------------------
From: Russell Diamond/ENRON@enronXgate on 03/06/2001 04:46 PM
To: Barry Tycholiz/NA/Enron@ENRON, Tracey Irvin/HOU/ECT@ECT
cc: Darron C Giron/HOU/ECT@ECT, William S Bradford/ENRON@enronXgate, Tanya
Rohauer/ENRON@enronXgate
Subject: AEC Marketing -Credit Reserve

Tracey,

Please take a credit reserve for the transaction detailed below.

Counterparty: AEC Marketing (USA) Inc.
TAGG #: QT5176.1
Enron Entity: ENA
Transaction: 5-year Physical Nat Gas Purchase , 55,000 mmbtu/day (avg.),
Fixed Basis Price $-.305
Originator: Barry Tycholiz
Credit Reserve Amount: $75,000.00


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/17/99
03:17 PM ---------------------------

Clayton Vernon@ENRON
12/15/99 10:42 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: gas prices

Vince-

1. We can detect "hoarding" of pipeline capacity as an elevated basis against
the actual inflow.

2. We can detect "market power" by dissociating the seller from the buyer,
distinguishing between the physical "cost" in gas to run the generators and
the transmission cost in dollars, i.e. the basis.

3. (As you noted) We can detect "storage" as the difference between inflow
and consumption.

It appears to me there are two time series needed for a straightforward model
of gas prices: flow rates at interconnects (from telemetry) and spot-market
prices. There is an elevated basis reflecting pipeline companies monopolizing
capacity, as well as hoarding of capacity by contracts. The dynamics of gas
prices reflect consumption demand changes due to changes in expectations for
the weather, as well as their impact on two highly strategic behaviors:
hoarding of pipeline capacity and storage of gas.  We can "calibrate" the
price elasticity of demands for consumption and storage, and the price
elasticities of demand for transmission, as well as the extent of hoarding,
from the two sets of numbers mentioned: flows and prices.  What the basis
trader needs to understand are the incentives, and disincentives, for storage
and capacity-hoarding, in terms of the calibrated price-elasticities, and
each of these are as-if exotic call options at the consumption hub.  Finally,
flows are "explained" by the model, and can be imputed from prices if
necessary, resulting in a purely stochastic model of the basis in terms of
the weather.

I believe the problem is quite tractable, and I would like to proceed with a
model.

Clayton


FYI

I just terminated ISDA K#96007359 for Prior Energy Corporation, CP #2630 and
I updated EOL Profile Manager with a new ISDA K#96060326 for Prior Energy
Corporation.

Georgi


Tom,

We are currently space constrained but we shall always take a qualified
candidate. Please, ask George to send me a resume and we shall get in touch
with him
to arrange a phone/on-location interview.

Vince

Tom Arnold <tmarnol@lsu.edu> on 04/25/2001 09:15:09 AM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Potential Prospect

Hey Vince,

Given that the Eastern Finance Conference is already taking place, I think
it is safe to assume that they did not desire an energy derivative round
table discussion.  However, I appreciate you volunteering to potentially
having been on such a round table discussion.

I've been teaching a "real options" course that has the students performing
monte carlo analysis, Black-Scholes pricing, and binomial pricing along
with a heavy dosage of understanding risk neutral pricing.  A few of your
new hires from the undergraduate program will be coming from this course.
However, I have a student who will be finishing his MBA next spring that is
particularly good.  He is genuinely interested and curious about option
pricing, trading, and hedging with Excel/VBA skills.  In fact, he usually
figures out when I make even very small mistakes in my calculations.

This is not to say that some of my other students aren't very talented
themselves, but that this person really stands out.  Do you think you
and/or Enron would be interested in such a person?  If so, what do you
recommend that he do to get his foot in the door?

His intention is to finish the MBA, but I do not know if this would
preclude you from hiring or at least taking a look at him now.  His name is
George Moss and I ordinarily would not bother you directly about a
potential employee.  I am making an exception in this case because he is a
particularly good talent without being the slightest bit arrogant.

Otherwise, I hope this e-mail finds you doing well and not travelling too
much.

Tom
Professor Tom Arnold
E.J. Ourso College of Business Administration
Department of Finance
2155 CEBA
Louisiana State University
Baton Rouge, LA 70803
O: 225-388-6369
F: 225-388-6366


Dear PIRA Client:

The following Current News & Analysis articles have been published on
PIRA's website:

1) Will Russia Join In Non-OPEC Cooperation?
2) FSU Seaborne Exports
3) November Weather: Europe/Japan Cold, US Mild

Please go to http://www.pira.com

These articles can be found in the client section of PIRA's website. For
account information or to gain access please contact Dyana Rothman at
drothman@pira.com

Best regards,

PIRA Energy Group


---------------------- Forwarded by Hunter S Shively/HOU/ECT on 10/16/2000
09:54 AM ---------------------------

	Invitation
Chairperson: Donna Greif

Start: 10/17/2000 12:30 PM
End: 10/17/2000 01:30 PM

Description: EB3270 - Discuss the Fundamental Group's Issues regarding Order
637 Non-Compliance

This meeting repeats   starting on    (if the date occurs on a weekend the
meeting ).
Meeting Dates:

Colleen Sullivan/HOU/ECT
Rebecca W Cantrell/HOU/ECT
Massimo Marolo/NA/Enron
Chris Gaskill/Corp/Enron
Geoff Storey/HOU/ECT
Hunter S Shively/HOU/ECT
Gary Payne

Detailed description:


Dave and Tom,

Attached below is our proposal for helping to buy back energy you may not need.  It incorporates netting out Washington and Fallon Volumes for the coinciding period.  It also provides prices for the period that overlaps your 50 MW purchase from us and the cities needs beyond that period.

We can disaggregate this transaction but I thought it may make sense to net out volumes so you are not incurring transaction costs (i.e. bid/offer spread) for those volumes.  This is all delivered to Mona, but I think we can get transmission to Gonder for Fallon's energy requirements for a small premium from a variety of players.

The proposal is in spreadsheet format.  These are preliminary prices and a first crack at the structure, so I want your feedback on how to enhance this proposal.

Happy Thanksgiving!

Paul Choi


John, Thanks, I'll talk with him.
m


Carol:

I would prefer to go to them with all the  issues at one time.  If you have
any more issues you would like us to address, please forward and we can
approach sureties all at once.  If there are no more issues from you/ENRON
please advise and we will go to sureties now.

THX

Bill Oldham
Director, Insurance Risk Management
Reliant Energy Incorporated
Telephone No.713/207-3131
FAX No. 713/207-3251
email:    bill-oldham@reliantenergy.com

                    Carol.St.Clair
                    @enron.com            To:     boldham@reliant.com
                                          cc:
janet-greene@reliantenergy.com, Edward.Sacks@enron.com
                    06/05/01 09:04        Subject:     Re: Update
                    AM

Bill:
Thanks for the information.  I need to take a closer look at Janet's
language, particularly the "null and void" language to make sure that it
covers all possible events of default under the Master Agreement.  As to
the Texas law issue, our ability to get comfortable from a legal standpoint
will in large part be dictated by this issue.  Is there anyway to get more
certainty on this with the sureties?  I understand that you don't want to
go to them multiple times but this is a key issue for us.  Let me know what
you think.

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

                    boldham@relia

                    nt.com               To:     carol.st.clair@enron.com

                                         cc:     jkgreene@reliant.com

                    06/04/2001           Subject:     Re: Update

                    03:35 PM

Carol:

The attached two e-mails are in response to your inquiry of 6-1-01.  If you
have any questions, let me know.

Bill Oldham
Director, Insurance Risk Management
Reliant Energy Incorporated
Telephone No.713/207-3131
FAX No. 713/207-3251
email:    bill-oldham@reliantenergy.com
----
----- Forwarded by Bill Oldham/ADM/HouInd on 06/04/01 10:19 AM -----

                    Michael_Herrod@a
                    rs.aon.com              To:     boldham@reliant.com
                                            cc:     Dan_Burton@ars.aon.com,
John_Rathmell@ars.aon.com,
                    06/04/01 09:59          Kevin_Sparks@ars.aon.com,
Margaret_Buboltz@ars.aon.com,
                    AM                      Margaret_Gibson@ars.aon.com
                                            Subject:     Re: Update

In my opinion, the wording suggested by Janet Green should be acceptable.
We
will have to have this wording formally approved by the surety companies
prior
to issuance.  I would like to avoid approaching the sureties until all
questions
have been addressed and all changes have been made.  In regards the bonds
being
subject to Texas law, I do not see that as being a problem.  We will
address
that with the sureties along with other potential changes.

In response to previous email, neither Dan nor I know of an attorney that
would
be willing or able to write an opinion in regards the applicability of the
Appleton Law.  As discussed during the meeting, this law has nothing to do
with
the viability of an exisitng surety bond.  If a surety issued a bond that
was
later found to be in violation of Appleton, they would be fined by the
State of
New York.  It does not make the bond invalid.  MJH

----- Forwarded by Bill Oldham/ADM/HouInd on 06/04/01 07:32 AM -----

                    Janet K Greene
                                         To:     Bill
Oldham/ADM/HouInd@HouInd
                    06/03/01 05:23       cc:
                    PM                   Subject:     Re: Update(Document
link:
Bill Oldham)

What if we said:  "if the
Principal shall promptly and faithfully perform its obligations under the
Confirm, which is a part of and governed by the Master Agreement, then this
obligation shall be null and void"

With respect to her second point, what if we again said "an Event of
Default has occurred under the Confirm, which is a part of and governed by
the Master Agreement"?

I think she is trying to clarify in the language that the bond can be
called for an Event of Default under the Master Agreement, which could have
nothing to do with the Confirm - - - which is factually correct.

Janet K. Greene
Reliant Resources, Inc.
1111 Louisiana, Suite 4300
Houston, TX 77002
713-207-5732
fax: 713-207-0141
jkgreene@reliant.com

                    Bill Oldham
                                         To:     Carol.St.Clair@enron.com
                    06/01/01 09:27       cc:     Edward.Sacks@enron.com,
janet-greene@reliantenergy.com,
                    AM                   Wendy.Conwell@enron.com, Bill T
Hamilton/TTG/HouInd@HouInd, William
                                         Waller/ADM/HouInd@HouInd, Rex
Clevenger/ADM/HouInd@HouInd
                                         Subject:     Re: Update(Document
link:
Janet K Greene)

Carol:

Thankyou for the attached.  I believe the governing law for each issuing
surety will be the law where the surety is domiciled, but let me do some
checking and confirm this.  Also, will get back to you on your comments Re
the language in our recommended bond form...probably Monday or Tuesday next
week.  Thanks for your continued efforts in this matter.

Bill Oldham
Director, Insurance Risk Management
Reliant Energy Incorporated
Telephone No.713/207-3131
FAX No. 713/207-3251
email:    bill-oldham@reliantenergy.com

                    Carol.St.Clair
                    @enron.com            To:
bill-oldham@reliantenergy.com
                                          cc:
janet-greene@reliantenergy.com, Edward.Sacks@enron.com,
                    06/01/01 09:02        Wendy.Conwell@enron.com
                    AM                    Subject:     Update

Bill:
I spoke with our outside counsel yesterday and we have some more follow up
work that we need to do on our side.  One issue that may be of some
importance to us in our analysis is determining what the governing law of
the surety bond will be for each issuer, and more importantly, whether we
can have the bonds governed by Texas law.  Can you answer this for me?

Also, with respect to the form of the bond itself, as we mentioned at the
meeting, the language in the third paragraph which states that "if the
Principal shall promptly and faithfully provide the Firm energy as defined
in the Confirm, hen this obligation shall be null and void," does not work
for us.  Has anyone come up with alternative language?  Finally, with
respect to the Notice of Claim, we would like for the certification to say
something like, "an Event of Default has occurred under the Master
Agreement" rather than tie it to a specific default under the Confirmation.
Does that work for the sureties?

I look forward to hearing from you.

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


Frank,

I know this is late.  I appologize.  I need some help with the development
plan.  The review is complete.  Let me know if I need to change some items.

Thanks.

DG    3-9573


Mary Hain has resigned her position with Enron.  Please remove her from all
your mail lists.

Thank you.

Lysa Akin
Gov't Affairs - Sr. Admin. Ass't.

	Enron Capital & Trade Resources Corp.

	From:  "Woertz, Byron" <BWoertz@caiso.com>@caiso.com>
  03/28/2001 09:19 AM

Sent by: "Grant, Colleen" <CGrant@caiso.com>
To: ISO Market Participants
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI
CIPANTS@caiso.com>
cc:
Subject: CAISO NOTICE: CalPX Complaint and TRO against California ISO

ISO Market Participants:

On March 8, we notified you that the ISO had received a direct payment of
about $171 million from PG&E ($177 million less GMC obligation) with
direction from PG&E that these funds were in payment for transactions on the
ISO Controlled Grid in December 2000, scheduled by the California Power
Exchange (PX) as PG&E's Scheduling Coordinator, and invoiced to PG&E by the
PX for remittance to the ISO. We notified you further that the ISO had
placed these funds into a segregated interest-bearing account pending
resolution of their distribution.

The PX has provided notice that it has filed suit in the Central District of
California against the California ISO and moved for a temporary restraining
order (TRO), requiring the ISO to transfer these funds to the CalPX. Copies
of the complaint and the TRO application are attached below. As represented
by the PX in its complaint and moving papers, the ISO does not intend to
oppose the PX's TRO application. To the best of the ISO's knowledge, a
hearing on the TRO application has not yet been set.

Byron B. Woertz, Jr.

Director, Client Relations

(916) 608-7066

 - calpx3.doc
 - calpx4.doc
 - calpx5.doc


which is da best marinate fo fryin turkee!
 -----Original Message-----
From: 	Day, Smith L.
Sent:	Tuesday, October 16, 2001 11:45 AM
To:	Platter, Phillip
Subject:	Turkey Fixins

Hey Phil:

Here is where you can order the Turkey spices.

Tell everyone hello.

http://www.cajuninjector.com/home.html

Smith L. Day
Enron Power Marketing, Inc.
Ph. 713-853-4201
Fax: 713-646-8272
Pager: 877-306-9429


Rebecca,  I just talked to Ken and asked him again.  He said that there had
been a couple of developments while he was in London, so he wanted to wait
until he gets back to the office and has a chance to talk to you.  He will be
in the office on Thursday.

Thanks.

Rosie

Rebecca McDonald@ENRON_DEVELOPMENT
02/29/2000 01:43 PM
To: Kenneth Lay/Corp/Enron@ENRON
cc:
Subject: Re: Ghana

Thanks much, Rosie.

Just let me know.

Rebecca


The following Late/Pending nom has been rejected:

Company: 000236    Arng: 37147-15055    Eff Date: 2001-11-27

                          Nominated
           Location        Quantity

Receipt    P1037320           5,000
Delivery   P1037147           5,000

REJECTED REASON: POOL OUT OF BALANCE

This document was created by TCO2114  in the DB2P subsystem in TRANS ID SMI0, program TJ90018


Gary,

Thank you for your e-mail of 15 March,  my comments  are as follows:

1. PPL EnergyPlus, LLC:    we will be happy to prepare a draft of a Master
Agreement for your consideration pending ENA credit review;

2. Confirmations:  ENA will NOT agree to both parties confirming,  unless
ENA's confirm is controlling.  If agreed  PPL may also send a confirm with
this understanding;

3, Disclaimer:  we will agree to included  verbiage as requested in the
disclaimer.

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


Can you do the same thing with a different book id?  Instead of book counterparty FT-CAND-TERMIN, move any deals with the FT-TERMIN-GD book to the bankruptcy book from NG-Price.  Financial deals only.  Thanks.  Let me know if you need any further clarification, should be the exact same script as yesterday, just substitute FT_TERMIN-GD for the two books you were looking for yesterday.
PL

 -----Original Message-----
From: 	Cheung, Cecilia
Sent:	Wednesday, January 30, 2002 4:28 PM
To:	Love, Phillip M.
Cc:	Keiser, Kam; Gossett, Jeffrey C.; Giron, Darron C.; Lim, Francis S.
Subject:	RE: new script for moving books

Deal moves has been completed and retranslated.

Cecilia

 -----Original Message-----
From: 	Love, Phillip M.
Sent:	Wednesday, January 30, 2002 3:54 PM
To:	Cheung, Cecilia
Subject:	RE: new script for moving books

1. move to the appropriate book based on the logic - Canadian deal needs to go to CAD
2. should only have to change deals from NG-Price to bankruptcy (deals are not in any other book)
3. The Canadian logic deals will probably be in GJ and the US logic should be in NG
4. Financial only
5. Cutoff date 1/1/2002

 -----Original Message-----
From: 	Cheung, Cecilia
Sent:	Wednesday, January 30, 2002 3:48 PM
To:	Love, Phillip M.
Cc:	Keiser, Kam; Gossett, Jeffrey C.; Giron, Darron C.; Lim, Francis S.
Subject:	FW: new script for moving books

These are interbook deals and I need to confirm the following:

1. Which Bankruptcy book you want to move the deals to? BANKRUPTCY (166660) or BANKRUPTCY-CAD (166762)?
2. Change the counterparty of the deals associated with FT-CAND-TERMIN (166764) or FT-CAND-GONE-PR (166767) from NG-PRICE(11360), ENA-FT-WT-SOCAL(108201), ENA-WT-CAL(105544) to Bankruptcy (166660 or 166762)?
3. Should we should NGGJ as the commodity instead of NG?
4. Financial deals only
5. Cutoff date 1-jan-2002

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Wednesday, January 30, 2002 3:03 PM
To:	Cheung, Cecilia
Subject:	FW: new script for moving books

Those two counterparties could be currently  in NG-Price, ENA-WT-Socal, or ENA-WT-Cal, not just NG-Price.

Thanks

 -----Original Message-----
From: 	Love, Phillip M.
Sent:	Wednesday, January 30, 2002 3:01 PM
To:	Cheung, Cecilia
Cc:	Giron, Darron C.; Gossett, Jeffrey C.; Keiser, Kam
Subject:	new script for moving books

Please move the following book to book trades with Canada from NG-Price to Bankruptcy:
FT-Cand-Termin
Ft-Cand-Gone-PR

Pleae let me know when this is done, we are waiting to calc today on this.  Thanks.
PL


Lavonne and I  visited with Mom Sunday afternoon.  We cooked outside and had
a great time.  Mom said that she might want to fix noodle soup on Mothers
Day.  That would be great.  We can supplement with sausage or hamburgers on
the grill.  What do you think.  Mom's memory appears to be good about many
things, and then some things just don't seem to register.  She seemed
confused about whether Bettye had been their for Easter.  Is this normal,
what type of medication is the doctor having her take to combat the loss of
memory?  Maybe we can all get together Mothers Day and visit.  Email me back
please.


______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com

 - I have one.JPG


I agree with Mark's changes and I think the memo is good to go.
---------------------- Forwarded by Steven J Kean/NA/Enron on 04/10/2001
07:25 AM ---------------------------

Mark Schroeder@ECT
04/10/2001 02:29 AM
To: Joseph P Hirl/AP/Enron@ENRON
cc: Eric Shaw/LON/ECT@ECT@ENRON, John Sherriff/LON/ECT@ECT@ENRON, Michael R
Brown/LON/ECT@ECT@ENRON, Richard Shapiro/NA/Enron@ENRON, Steven J
Kean/NA/Enron@ENRON

Subject: Re: Enron Europe Governtal & Regulatory Affairs Organization
Announcement

John does not want to do that in this memo.  He is leaving that to a
Houston-originated memo on EBS in Asia and Europe (we have someone for EBS
here now, and are hiring for Singapore, in addition to what is being done
today in Tokyo).  thanks   mcs

Joseph P Hirl@ENRON
10/04/2001 08:29
To: Mark Schroeder/LON/ECT@ECT
cc: Eric Shaw/LON/ECT@ECT, John Sherriff/LON/ECT@ECT, Michael R
Brown/LON/ECT@ECT, Richard Shapiro/NA/Enron@ENRON, Steven J
Kean/NA/Enron@ENRON

Subject: Re: Enron Europe Governtal & Regulatory Affairs Organization
Announcement

Mark,

How do you want to describe the coordination and oversight of EBS reg affairs
resources in Japan and Asia?

Joe

Joseph P. Hirl
Enron Japan Corp.
81 3 5219 4500
81 3 5219 4510 (Fax)
www.enron.co.jp

	Mark Schroeder@ECT
	04/10/2001 03:54 PM

		 To: John Sherriff/LON/ECT@ECT
		 cc: Eric Shaw/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Joseph P
Hirl/AP/ENRON@ENRON
		 Subject: Re: Enron Europe Governtal & Regulatory Affairs Organization
Announcement

1  I have left voice messages for Alfredo, Paul Dawson, and Paul Hennemeyer
(but have not heard back from any of the three), and have spoken to Peter
Styles and Doug Wodd, so we can go with whatever is agreed.

2  I have made a change as we discussed about geographic responsibility,
given my conversation with you that I think it is a bit misleading to only
show these people (in many areas) being responsible for "Power", when in fact
they are responsible for "Gas", too.  Doug is really responsible for gas as
an adjunct to their local efforts, as well as a change to indicate, also as
we discussed, that these responsibilites are flexible, in response to
changing commercial priorities, as well as the need to support the other
Wholesale businesses.

mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 10/04/2001
07:45 ---------------------------

Richard Lewis
09/04/2001 19:17
To: John Sherriff/LON/ECT@ECT
cc: Eric Shaw/LON/ECT@ECT, Joseph P Hirl/AP/ENRON@ENRON, Richard
Shapiro/NA/Enron@Enron, Michael R Brown/LON/ECT@ECT, Mark
Schroeder/LON/ECT@ECT

Subject: Re: Enron Europe Governtal & Regulatory Affairs Organization
Announcement

Paul Dawson covers the coal group as well (any others, Mark?) .  Perhaps
these areas should be added.

Richard

John Sherriff
09/04/2001 18:40
To: Eric Shaw/LON/ECT@ECT, Richard Lewis/LON/ECT, Joseph P
Hirl/AP/ENRON@ENRON, Richard Shapiro/NA/Enron@Enron, Michael R Brown/LON/ECT
cc:

Subject: Enron Europe Governtal & Regulatory Affairs Organization Announcement

Richard Lewis, Eric Shaw, Joe Hirl, Rick Shapiro, Michael Brown

Please review the attached draft org annoucement and send me your comments.
Mark - please let me know once
we have spoken to the five senior managers in your group as we do not want to
send this out until either you, Michael or
I have spoken to them about this structure.

Draft

After nearly five years in London, Mark Schroeder will be returning to the US
on April 11th to join the North American Coal Business with responsibility
for origination in the utility sector.  Under Mark,s leadership, his team has
made significant contributions towards Enron Europe,s &first mover8 advantage
and its status as the leading new entrant in the liberalizing pan)European
energy markets.  We wish him well in his new commercial role.

With Mark,s departure, the day-to-day management of the Government &
Regulatory Affairs Department in Europe will rest with Peter Styles, Paul
Dawson, Paul Hennemeyer, and Doug Wood.  Nick O,Day will continue in his
current leadership capacity in Japan.  Each of these five individuals and
their groups will now jointly report to the business heads and to Rick
Shapiro, in the Government Affairs team in Houston. Rick Shapiro will
continue to manage Government Affairs for the Americas.  While the team
members responsibilities will vary from time-to-time in response to shifting
commercial priorities, as well as the need to support other Enron Wholesale
Services' business units from time-to-time, the general areas of
responsibility will be as follows:

Peter Styles, based in Brussels, will continue to have responsibilty for our
EU and Netherlands advocacy.   Paul Hennemeyer will lead efforts in the
German speaking countries (Germany, Austria, Switzerland) as well as France
and Belgium.  Peter and Paul will report to Eric Shaw.  While secunded to the
commercial team in France, Philip Davies will address Nordic market issues on
an ad hoc basis and also report to Paul on these issues.

Paul Dawson will lead our UK, Spain and Italian power regulatory efforts as
well as the gas regulatory work in the UK.  Doug Wood will support the
Continental Gas team and the Central and Southeastern Europe Origination
efforts, while also addressing the UK Climate Change Levy.  Doug's role in
gas will continue to be to supplement, and not to supplant, the efforts of
each of the team members' geographic responsibilities noted on the
organisation chart.  Paul and Doug will report to Richard Lewis locally.

Nick O,Day will also continue to report to Joe Hirl in Japan.

Other regulatory support provided by Mark Schroder will be addressed in
another organizational announcement that will be sent
out from Governmental Affairs in Houston.  Attached is the revised
organization chart that now reflects the Governmental & Regulatory Affairs
organization in Enron Europe.

John Sherriff & Michael Brown


Attached is a newly revised Credit Watch listing.  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, Brant Reves at x3-9897, or Veronica Espinoza at x6-6002.


SK - I've printed this out & put it in your meeting folder.  mm

Steve, I attach a briefing paper for your visit. A hard copy will be
available for you on arrival. The paper includes the following:
Itinerary
Conference details
Brattle paper summary
Media interview background
General key messages
Electricity wholesaling reactive statement
Political update
Meeting briefing notes

You will note one further change to the itinerary. We will be meeting with
METI rather than the Fair Trade Commission. The purpose of the METI meeting
will be to explain our concerns with the current regulatory environment and
Enron Japan's proposal to temporarily suspend its electricity wholesaling
activities. We met with our METI working level contacts today to brief them
on Brattle and in particular the shortcomings of the current system. We did
not discuss suspension of our wholesaling activities. The meeting briefing
notes will be available on your arrival in Tokyo.

I also attach the latest version of the Brattle paper and, for completeness,
the final version of the presentation and notes.

I will call you at the Palace Hotel on Monday at 6pm. If you have any hiccups
with arrangements please let me know. My contact numbers are as follows:

Home 813 52610539
Mobile 8190 27334795
Office 813 5219 4583

I think we have stirred things up enough here in the last couple of days to
make for an interesting visit for you. I look forward to seeing you on Monday.

kind regards


Start Date: 4/29/01; HourAhead hour: 24;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042924.txt


---------------------- Forwarded by Kay Mann/Corp/Enron on 12/08/2000 01:33
PM ---------------------------

	Enron North America Corp.

	From:  Mitch Robinson                           12/08/2000 08:33 AM

To: DeKrey Lynn <Lynn.DeKray@swpc.siemens.com>
cc: Kay Mann/Corp/Enron@Enron

Subject: Westinghouse letter

Lynn -

For discussion purposes.  We'll talk at 11:00 your time.

Mitch
---------------------- Forwarded by Mitch Robinson/Corp/Enron on 12/08/2000
08:36 AM ---------------------------

Kay Mann
12/06/2000 08:13 PM
To: Mitch Robinson/Corp/Enron@Enron
cc:

Subject: Westinghouse letter

Kay


Here is the pager number that has been setup via Jim Irvine.

email:    8776804806@skytel.com
Direct dial:
800 dial: 1-800-759-8352 box# 877-680-4806

I can be reached at this pager if you need to get me ASAP.

Ravi.


Over the past week I have heard from many thoughtful and concerned citizens
about their opinions on Chief Kroeker.  About an hour ago, I held a news
conference to release the statement below in response.  I wanted to make
sure you were able to read it in its entirety.

You are a part of my e-Katz list because of your work with me or my
administration.  To be removed from the "e-Katz" distribution list, simply
reply to this e-mail with your request.  If you have multiple e-mail
addresses you use, please include a name and/or company, otherwise we may
not be able to locate the correct entry to remove.  For more information on
the Katz administration, visit our website at
http://www.ci.portland.or.us/mayor.

Statement Regarding Police Chief Mark Kroeker

"I take my responsibilities as police commissioner very seriously.  I have
reviewed this situation with care.  I want to thank those who provided me
feedback either in person, over the telephone or through e-mail.

"The performance of any individual in my administration ultimately rests
with me.  I want to apologize for the concern, pain and fear caused by the
taped comments made years ago by Chief Kroeker.  His taped comments in no
way reflect my own personal beliefs.

"My community and staff discussions, along with reading all the e-mails and
transcripts of all my telephone messages, helped distill my thinking on this
issue to one key question: Can Chief Kroeker separate his personal religious
views from his professional conduct?

"I have determined that he manages his duties without bias and will continue
to do so. His performance has met my expectations.  He is leading the bureau
in a fair, respectful and inclusive manner.  He is moving our law
enforcement efforts to a higher level of community policing.  Therefore, I
have asked Mark Kroeker to stay on as Chief of Police.  He has my strong
support to continue.

"The law provides that all city employees have a right to their personal
religious views.  I have a responsibility to review their employment status
if their actions, as a result of their personal views, impair their ability
to perform their professional responsibilities.

"Many of the arguments raised asking me to dismiss Mark Kroeker because he
is "out of step with Portland" could be used in other Oregon communities to
fire more liberal public officials who are "out of step" with their
community's conservative majority.  My 30-year fight for tolerance goes both
ways.

"Chief Kroeker will have to rebuild trust with many of our citizens.   He
assures me he is prepared to do so.  He told me he would rather help undo
the damage, help me promote tolerance and acceptance of all people, than
just walk away.

"He commits to a strong and sustained positive dialogue with Portlanders who
are gay, lesbian, bisexual or transgendered, including those on his staff.
He has already begun outreach efforts and will continue to do so.

"He said he will redouble his efforts to promote respect and acceptance of
all Portlanders and be steadfast and fair in his enforcement of the law.

"He agrees to work with the Cascade Aids Project to serve as a spokesperson
to educate citizens about the fact that AIDS is not a "gay disease."

"He will continue to seek advice from the City Council, the Bureau's Sexual
Minority Roundtable and others to guide additional efforts.

"He agrees to take all this on with all his heart.

"In the process I hope he and we all learn from this experience.  I will
work to turn this negative situation into a positive one: to expand our
sense of tolerance; to promote the notion that regardless of a person's
personal or religious beliefs, one can be an effective public servant; and
to deepen the acceptance of all Portlanders.

"As Mayor, I will do my part and more.  I hope you will join me."


Remove the index2.html

- Andy

"Hallmark, Diem" <Diem.Hallmark@Williams.com> on 03/07/2001 04:02:13 PM
To: "'Andrew.H.Lewis@enron.com'" <Andrew.H.Lewis@enron.com>
cc:
Subject: RE: Good reference to plan a trip to Thailand

Okay, I can't open this website.? Is it me, or did she send you something
bad?

Diem

-----Original Message-----
From: Andrew.H.Lewis@enron.com [mailto:Andrew.H.Lewis@enron.com]
Sent: Wednesday, March 07, 2001 10:31 AM
To: diem.hallmark@williams.com
Subject: Good reference to plan a trip to Thailand

---------------------- Forwarded by Andrew H Lewis/HOU/ECT on 03/07/2001
10:30 AM ---------------------------
(Embedded image moved to file: pic23754.pcx)
Virawan Yawapongsiri@ENRON
(Embedded image moved to file: pic06511.pcx)
02/05/2001 04:40 PM
(Embedded image moved to file: pic22741.pcx)

To:?? Andrew H Lewis/HOU/ECT@ECT
cc:
Subject:? Good reference to plan a trip to Thailand

FYI - once again.? First day at work has been hectic!? Unbelievable!? I
moved again, and now I am sitting not far from you.
Virawan

---------------------- Forwarded by Virawan Yawapongsiri/NA/Enron on
02/05/2001 04:37 PM ---------------------------
(Embedded image moved to file: pic20175.pcx)
Virawan Yawapongsiri
(Embedded image moved to file: pic21459.pcx)
12/05/2000 01:55 PM
(Embedded image moved to file: pic17825.pcx)

To:?? Andrew H Lewis/HOU/ECT@ECT
cc:

Subject:? Good reference to plan a trip to Thailand

I remember you mentioned that you and your friends were planning a trip.
This website is offered by the Tourism Authority of Thailand.? I took a
look at it, and thought that it was good.? I would even use it to lure my
boyfriend to visit home with me next year.

Virawan

http://www.tat.or.th/index2.html


Tony,

Per our conversation!

 -----Original Message-----
From: 	Perlingiere, Debra
Sent:	Wednesday, September 26, 2001 3:22 PM
To:	Mims, Patrice L.
Subject:	The Paralan Company

 Attached is a Master draft for the above.  I do not have an address or contact for your customer? Will you forward the draft?

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


Please respond to I have done a crappy job of being a witness and a friend.  You are correct,
and rightly so about the way I have patronized you.  It has not been a
conscious effort, but I understand your perspective and as I look at me, I
am forced to admit you are correct.  Christian hypocrites are a dime a
dozen, and I am ashamed that I have fallen far short of what He has called
me to be.

I am very thankful for your business over that last 3 years.  I know that my
success here has been largely because of your help and business and I and my
family thank you for it.

I have taken your name off the Daily Word distribution list as you have
requested.  My best to you and your family and your success in business.  It
is my hope that I can be a better friend, witness and more to you again.

Thanks for

Todd Gross
Amerex Location/Basis and Nymex Options
(281) 340-0875


FYI...
---------------------- Forwarded by Debbie R Brackett/HOU/ECT on 10/06/2000
01:18 PM ---------------------------

James New
10/04/2000 10:24 AM
To: Debbie R Brackett/HOU/ECT@ECT
cc: Hugo Moreira/LON/ECT@ECT, David Hardy/LON/ECT@ECT, Mike
Jordan/LON/ECT@ECT
Subject: Re: RAC Feeds 29-Sep

Debbie,

For UK Power, this was not officialised because we had a curve shift for 25+
years which was made in error. For the DPR we put a 'top side' adjustment
through but because of the time it would take to re calc no re calc was
performed. This should have been covered in the daily conference call. Was it
?

For UK Gas, I thought this issue was closed on the conference call. We used
the 30th as our month end as a result of the way the month end fell. The guys
have now clicked the 'officialised' button for the 29th if it helps you, but
we did not use that data (there shouldn't be anything materially wrong with
it though).

What I think this highlights is that we will have days where we do not
officialise and do not re run. In these circumstances we will put a top side
through. We therefore need a mechanism to communicate this top side and I
would request we get this in place as soon as possible (this has been
requested a few times before).

Does this answer your questions ?

James

From:  Debbie R Brackett
       04/10/2000 14:25

To: James New/LON/ECT@ECT, Hugo Moreira/LON/ECT@ECT
cc: David Hardy/LON/ECT@ECT, Mike Jordan/LON/ECT@ECT

Subject: Re: RAC Feeds 29-Sep

James,

Just received a note fron Steve Price that UK power was never approved for
close of business 02-Oct. Can you or someone in your group respond to that as
well as to my query as to the lack of approval for UK Gas for close of
business on 29-Sep?( See below)

We are making a real effort here to understand why the Risk Controls groups
are not receiving data on a reliable basis and input from your group is
crucial.

Thanks for your help,

Debbie

---------------------- Forwarded by Debbie R Brackett/HOU/ECT on 10/04/2000
08:19 AM ---------------------------

From:  Debbie R Brackett
       10/02/2000 10:18 AM

To: James New/LON/ECT@ECT, Hugo Moreira/LON/ECT@ECT
cc: David Hardy/LON/ECT@ECT
Subject: Re: RAC Feeds 29-Sep

Please clarify as much as possible.

---------------------- Forwarded by Debbie R Brackett/HOU/ECT on 10/02/2000
10:17 AM ---------------------------

Steve Price
10/02/2000 10:07 AM
To: Debbie R Brackett/HOU/ECT@ECT
cc: David Hardy/LON/ECT@ECT, Phil Yoxall/LON/ECT@ECT, Suzanne
Bain/LON/ECT@ECT, Jitendra Patel/Market Risk Management/LON/ECT@ECT, Oliver
Gaylard/LON/ECT@ECT
Subject: Re: RAC Feeds 29-Sep

Debbie,

There is an MTM for the 29-Sep but is has not been approved. However, there
is also an MTM for 30-Sep which has been approved. I think the risk managers
would have the answer to why.

Steve

From:  Debbie R Brackett
       02/10/2000 14:30

To: Steve Price/LON/ECT@ECT
cc: David Hardy/LON/ECT@ECT, Phil Yoxall/LON/ECT@ECT, Suzanne
Bain/LON/ECT@ECT, Jitendra Patel/Market Risk Management/LON/ECT@ECT, Oliver
Gaylard/LON/ECT@ECT

Subject: Re: RAC Feeds 29-Sep

Why no MTM for the 29th, that being the last business day for the month?

Steve Price
10/02/2000 06:40 AM
To: David Hardy/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Phil
Yoxall/LON/ECT@ECT
cc: Suzanne Bain/LON/ECT@ECT, Jitendra Patel/Market Risk
Management/LON/ECT@ECT, Oliver Gaylard/LON/ECT@ECT
Subject: RAC Feeds 29-Sep

All

Here are the feed timings for feeds for close of business 29-Sep

 I will send another mail when they have all completed

    Approved  Send to RiskTRAC  Issues
UK + Cont GAS   10:59    12:31   MTM approved is for 30-Sep. No 29-Sep MTM
approved
UK Power   10:24       Running now
Nordic Power   Not yet approved

Steve


OK.  It's done.  Got two places.  One sleeps 8 and is big and is where we can
have the party.  The other sleeps 6 and is very close by.  Right on the
beach, so surfing will be a must.  Who is on your list for invites so far?


This request has been pending your approval for  5 days.  Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000074863&Page=Approval to review and act upon this request.

Request ID          : 000000000074863
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Resource Type       : Applications


NIck:

Do we have an erergy meeting scheduled in September.  Let's talk about this.
We could do it in either London or Frankfurt doing the week of the board
meeting.   Let me know your thoughts on this.

Mark


Mark:  It looks like Paul Simons got a copy of this e-mail.  Let me know if
it is useful  to work with ISDA on any of these matters.

Mark Haedicke
----- Forwarded by Mark E Haedicke/HOU/ECT on 06/07/2001 03:46 PM -----

	Ruth Ainslie <RAinslie@isda.org>
	06/07/2001 01:46 PM

		 To: Mark Haedicke <Mark.E.Haedicke@enron.com>
		 cc:
		 Subject: FW: FSA consultation paper:  Regulatory regime for Energy Market
Part icipants - ISDA Energy and developing products Committee

-----Original Message-----
From: Judith Birch [mailto:JBIRCH@ISDA-EUR.ORG]
Sent: Thursday, June 07, 2001 11:19 AM
To: Agnes Foy; alban caillemer; anna lawry; annette Hoener; anthony
redstone; arnaud duhamel; asa engstrom; benoit de Vitry; bernadette
Willis; brian peyton; Bruno Plaskow; Caroline Szatmari; carrie fleming;
charles barrett; Christian Bettley; christophe chassard; clare hatcher;
Claude Brown; Claude Unge; David Carter; david fransen; edward murray;
elisabeth bertin; Eric Rothman; fatima bentoumi; Fiona Smith; Gareth
Williams; heather pilley; iona levine; James Powell; Jay Hellums;
Jeffrey Golden; john fry; Jolie Norris; jon ibbotson; Joseph Carrico;
judith lawless; justin boyd; keir prince; laurence garside; lesley
stockwell; linda klein; louise bernstein; Louise Kendall; louise
kitchen; Luanne Giessen; maria garland; marion Sommerkorn; mary saul;
Mehboob Hoque; ned swan; nick perry; Olof Myhrman; paivi toivari; paul
castanon; paul newman; Paul Simons; pedro diaz; Per Westerberg; Peter
Verbiest; philip henderson; Philipee Lautard; pierre chevalier; rebecca
bond; rita pearson-schwandt; Robert Finney; roberto colacchia; Rosali
Pretorius; sanjev; sara rumberg; seema bal-thakrar; simon smith; steve
ciampi; Steven Crotch; thelma loshkajian; therese cochrane; thierry
groell; Thomas Jones; Thomas Werlen; Thomas Werlen; Tim
Arcedeckne-Butler; tjepco van voorst vader; tom hunter; tony fisher;
toshiro takino; Ulrike Schefe
Cc: Emmanuelle Sebton; Ruth Ainslie; Stacy Carey; John Berry; Peter
Werner
Subject: FSA consultation paper: Regulatory regime for Energy Market
Part icipants - ISDA Energy and developing products Committee

>    Dear all,
>
Pls find attached the FSA consultative paper on a new regulatory regime for
Energy Market Participants and an invitation for the ISDA Energy and
Developing Products Committee on 25 June at 3 pm, where this paper will be
discussed.

Any comments in advance of the meeting are welcome.

Deadline for the response to the FSA is 17 July 2001.

Could you pls confirm your attendance to Judith Birch at
jbirch@isda-eur.org.

>
>    <<fsajune.pdf>>  <<KDMemoJune601.doc>>
Thank you in advance.

 - fsajune.pdf
 - KDMemoJune601.doc


Americas VAR came in at $72.8MM for 11/06/01

Congrats on your anticipated birth!  Someone mentioned it to me last week? Due date still around 11/16?  Let me know if we can help out with sitting and stuff (I have very responsible 19 year old niece, recognizing you are new to town and all.

Frank

 -----Original Message-----
From: 	Port, David
Sent:	Monday, October 29, 2001 1:30 PM
To:	Wilson, Shona; Thibodeaux, Kenneth; Abel, Chris
Cc:	Valdez, Veronica; Murphy, Ted; Buy, Rick; Hagelmann, Bjorn; Hayden, Frank
Subject:	FW: New Business Unit Limits Until Further Notice

 The following  Business Unit VaR limits will be adjusted until further notice, for close 26th October

	Group			Existing		Adjusted
Enron America			$100MM		$75MM
Enron Global Assets		 --			$0.2MM
EWS Office of the Chair		$3MM			--
Enron Europe			$34MM			$6MM
Enron Global Markets		$23MM			$15MM
Enron Inustrial Markets		$8MM			$5MM
Enron Broadband Services	$4MM			$0.5MM
Total Trading			$115MM		$85MM