Hi Sara,
We are still researching your request. Please allow one to two business days for a respond .
Thanks

-----Original Message-----
From: Shackleton, Sara
Sent: Tuesday, November 27, 2001 11:58 AM
To: Okechukwu, Charles
Subject: RE: American Express credit

11001

-----Original Message-----
From: Okechukwu, Charles
Sent: Tuesday, November 27, 2001 11:17 AM
To: Shackleton, Sara
Subject: RE: American Express credit

Sara- Please provide me with the last four digits of your American Express Card as soon as possible. I will need this information in order  trace on these charges.
Thanks.

-----Original Message-----
From: Shackleton, Sara
Sent: Tuesday, November 27, 2001 10:47 AM
To: Okechukwu, Charles
Subject: American Express credit

This is an email from SARA SHACKLETON <mailto:sara.shackleton@enron.com> for additional information.
Please confirm it and send a response as soon as possible.

FirstName:	 SARA
LastName: 	SHACKLETON
Subject: 	American Express credit
From: 	sara.shackleton@enron.com <mailto:sara.shackleton@enron.com>
Phone: 	713-853-5620

Comments/Questions:
Two unsuccessful orders on 11/13/01 in the amounts of $94.71 and $83.35 were charged to my credit card and should be credited to the account. The online ordering problem was corrected the following day and my account was charged $83.35.


Larry Campbell and Mike Riedel,

I have spoken with Lou, Bill and Phil Lowry about this suggestion.  Phil had
no negative reaction to proceeding in the manner described by this email.
However, I did get a read from Bill and Lou that certain EOTT bases should be
touched (first) prior to this change in placement of personnel.  Therefore, I
am asking Bill (by copy of this email) to work with Lou and come up with a
list of the names of folks that we should visit with prior to formerly
getting this process started.  Bottom line: this is a good idea and one that
we probably will do, however, prior to formerly beginning posting of the job,
etc. - we need to walk the idea through EOTT first.  Call me if you have
additional thoughts or questions.  Thanks for bringing this idea up - I like
it.  John Shafer

Larry Campbell
11/29/2000 11:47 PM
To: Louis Soldano/ET&S/Enron@Enron, John Shafer/OTS/Enron@Enron
cc: William Kendrick/OTS/Enron@Enron, Mike Riedel/ET&S/Enron@ENRON, Rick
Loveless/ET&S/Enron@ENRON, Butch Russell/ET&S/Enron@Enron

Subject: EOTT concerns with Fuller's resignation

I had dinner tonight with a Robert Jacobs EOTT  V.P. West Coast and Ed
Attanasio EOTT Senior Counsel.  This dinner meeting was put together by Gary
Fuller.  Both Jacobs and Attansio expressed serious concern about ETS's
abilty to provide environmental expertise and representation at the EOTT
Bakersfield facilities due to Gary's departure.  They were concerned because
of the numerous visits by state regulatory personnel conducting unnounced
onsite inspections and the fact that EOTT may not have an onsite
environmental representative.  They were highly complementary of Gary and
were aware of the good repoire he had established with the agencies and they
felt they would be losing this repoire and credibility if his position was
not filled with a person located in Bakersfield.  As a courtesy to our
customer, I told them I would pass on this information to the powers to be in
Houston.

After a review of the environmental records and the compliance load for what
Gary has responsible for,  Im wondering if we should  fill the Bakersfield
position, or move that position to Midland and possibly use Gary as a
"temporary technical contact" for ETS.  As you may or may not know, Gary is
accepting a position with a bakersfield consulting company which specializes
in providing operation services for energy companys.  Gary will be in charge
of the environmental  and safety responsibilities for those companies which
choose to use their service.

 I understand that there is some environmental sensitivity in California that
does, at times go above what is required in other states.  However, getting
the employees at the Bakersfield location on board with skill base pay will
alleviate much of the existing workload.  What the employees can't handle or
issues that are above the skill base pay level requirements, can be handled
and addressed  by Butch and myself with Gary's occasional assistance.  Having
Gary as a technical contact living in Bakersfield will satisify EOTT's
concern of having an environmental expert  available for those times when
agencies arrive unnounced and  at the same time give EOTT the comfort and
security that they want by knowing that they will be represented by a person
of Gary's reputation and character.

In line with this, there appears to be a larger workload and work area in
MIdland rather than in Bakersfield.  Remediation activites, permitting and
compliance will be a full time position with the EOTT, Transwestern and
Northern faciltiies which comprise the Midland area.  In this area, there are
approximately 13 field teams to provide technical assistance and training
for.  I feel this will be a full time job.  I think we should give
consideration to possible using Gary's expertise on a part time basis in
Bakersfield and relocate and fill his position in Mildand, Tx.


Attached is a list of parties the Cal ISO has identified in an earlier report
that had "overcharged" the market from May - Nov 2000 (the filing was
mistakenly put into the FERC docket room).

EES is listed as party B8 with $27.9 MM as Excessive Rents.

The biggest overcharger was BC Powerex with $176.2 MM.

We are still analyzing the implications of this list and will get out any
other information.

Jim

----- Forwarded by James D Steffes/NA/Enron on 03/27/2001 12:18 PM -----

	"Nancy Pickover" <npickover@bracepatt.com>
	03/27/2001 11:29 AM

		 To: <alan.comnes@enron.com>, <christian.yoder@enron.com>,
<jsteffe@enron.com>, <richard.b.sanders@enron.com>, <shall@enron.com>,
<smara@enron.com>
		 cc:
		 Subject: CAISO supplemental filing

Attached is a fax I received of a filing the ISO made yesterday afternoon to
supplement its comments in Docket No. EL00-95-012 regarding market monitoring
and mitigation.  The filing links the names of the suppliers and importers
discussed in Dr. Sheffrin's analysis to the code numbers used in yesterday's
filing.  The ISO had requested confidential treatment.  The fax is in TIFF
format and you can disregard the first page as it is a cover sheet to me.
Please let me know if you have any questions or need anything else.

Nancy
Date: Tue, 27 Mar 2001 08:28:52 -0600
From: FAX <DC.FAX.RIGHTFAXUSER@bracepatt.com>
To: <npickover@bracepatt.com>
Subject: Fax from '2028981182' (4 pages)
Mime-Version: 1.0
Content-Type: multipart/mixed; boundary="=_5D06AA01.00610505"

Time: 3/26/01 6:52:11 PM
Received from remote ID: 2028981182
Inbound user ID PICKN, routing code 100
Result: (0/352;0/0) Successful Send
Page record: 1 - 4
Elapsed time: 01:20 on channel 4

 - M0005820.TIF


Ok by me.  I actually have a list of master issues that I would like to
discuss sometime soon that are similar to this.  Thanks!

From: Tana Jones on 11/09/2000 03:28 PM
To: Tanya Rohauer/HOU/ECT@ECT
cc:
Subject: Dynegy Power Corp. Master

We have a really old agreement with the referenced counterparty and I don't
think we use it to trade under anymore.  I spoke to the Confirm Desk and it
appears all of our trading is under Dynegy Marketing and Trade.  If you
concur, I would like to inactive that master, since I'm afraid it might get
attached for online trading.


Updates
Jennifer Burns - new cell phone number
Kathy McMahon - new executive committee assistant


Dave,

Per your conversation with Mark last week, it appears the Confirmation Desk
people are still waiting for the "oops trade" language.
----- Forwarded by Tana Jones/HOU/ECT on 01/02/2001 10:09 AM -----

	Larry Joe Hunter
	01/02/2001 09:57 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: EOL revision language

---------------------- Forwarded by Larry Joe Hunter/HOU/ECT on 01/02/2001
09:57 AM ---------------------------

	Enron North America Corp.

	From:  Kevin Meredith @ ENRON                           01/02/2001 09:14 AM

To: Larry Joe Hunter/HOU/ECT@ECT
cc:
Subject: Re: EOL revision language

We never received any language from any EOL individual.  We have not
discussed revision language for EOL deals with Legal or EOL.

	Enron North America Corp.

	From:  Larry Joe Hunter @ ECT                           12/29/2000 05:04 PM

To: Kevin Meredith/Corp/Enron@ENRON
cc:

Subject: EOL revision language

Kevin,

Is there some specific revision language that we've been given by the EOL
group for use with revised EOL deals?

Legal is claiming that we should have received something long ago from
someone on the EOL side, but I don't recall ever getting anything.

Thanks,
Joe


Thanks.  This is a project we should have done 5 years ago.
John

Sarah Wesner@ENRON
08/22/2000 11:10 AM
To: John Arnold/HOU/ECT@ECT
cc: Dutch Quigley/HOU/ECT@ECT
Subject: Re:

Futures' information - will work with Dutch, may take several days

Margin Financing Agreement terms:

Warren Tashnek left me a message today saying that the Soc Gen documents were
coming.

John Arnold@ECT
08/22/2000 07:04 AM
To: Sarah Wesner/Corp/Enron@Enron
cc: Dutch Quigley/HOU/ECT@ECT

Subject:

Sarah:
Can you create a spreadsheet summarizing Enron's open futures interest broken
down by commodity and broker, including maintenance and initial margin for
all commodities (including rates, currencies, gas, crude, etc).
Also, can you create a list of all margin financing agreements in place and
the rates we pay.
Thanks,
John


Steve, these are my ideas on how we should communicate our messages to
employees:

Send an e-mail from Ken and Jeff (or maybe just Jeff) about the events in
California and what we're doing about them.  This should be done right away.
During the next month or so while this is a hot issue, we could give updates
in every issue of eBiz (that's every other week).
In April, we could follow up with an in-depth article in Enron Business (Vol.
2 - April) about the issues in California and the status of all our
deregulation efforts.  We could interview you, Rick and other key employees
who have been actively involved.  It's been a year since we've done this.
Hold a brown bag (hosted by you or Rick).  We could videotape the event and
put it on IP-TV as well as offer copies of the video to employees who can't
access IP-TV.
ETV:  When an Enron executive testifies before the U.S. Senate or other
government body, we could run it live, replay it after the event.  We already
did this with your testimony a couple of weeks ago that was replayed on
CSPAN-2.

What about India?  There is an article in eBiz (dated Feb. 16) but I'm sure
there are lots of questions about the future of this project.  I plan to
plant a question for Jeff at the employee meeting.  We could plant a question
about California as well?

You comments are welcome.

Mary


can yuo set me up for the 4:00 mtg
---------------------- Forwarded by John Arnold/HOU/ECT on 09/13/2000 02:58
PM ---------------------------

Mark Frevert@ENRON
09/08/2000 10:09 AM
Sent by: Nicki Daw@ENRON
To: Alonzo Williams/HOU/ECT@ECT, Andrea Ring/HOU/ECT@ECT, Andrew H
Lewis/HOU/ECT@ECT, Andrew R Conner/HOU/ECT@ECT, Ashton
Soniat/Corp/Enron@ENRON, Bhavna Pandya/HOU/ECT@ECT, Bill
Berkeland/Corp/Enron@Enron, Bill Rust/HOU/ECT@ECT, Bob Crane/HOU/ECT@ECT,
Brad McKay/HOU/ECT@ECT, Brian O'Rourke/HOU/ECT@ECT, Bruce
Hebert/GCO/Enron@ENRON, Caroline Abramo/Corp/Enron@Enron, Chad
Starnes/Corp/Enron@Enron, Charles H Otto/HOU/ECT@ECT, Charlie
Jewell/HOU/ECT@ECT, Chris Gaskill/Corp/Enron@Enron, Chris
Germany/HOU/ECT@ECT, Chris Lenartowicz/Corp/Enron@ENRON, Clint
Dean/Corp/Enron@Enron, Colleen Sullivan/HOU/ECT@ECT, Corry
Bentley/HOU/ECT@ECT, Craig Breslau/HOU/ECT@ECT, Cyril Price/HOU/ECT@ECT, Dan
Junek/HOU/ECT@ECT, Daniel Diamond/HOU/ECT@ECT, Daniel Reck/HOU/ECT@ECT,
Darren Delage/HOU/ECT@ECT, David J Vitrella/HOU/ECT@ECT, David
Ryan/Corp/Enron@ENRON, David Zaccour/HOU/ECT@ECT, Dean Laurent/HOU/ECT@ECT,
Diana Allen/Corp/Enron@ENRON, Dick Jenkins/HOU/ECT@ECT, Don
Baughman/HOU/ECT@ECT, Douglas Miller/ECF/Enron@ENRON, ITH/ENRON@Gateway, Ed
Smith/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT, Elsa
Piekielniak/Corp/Enron@Enron, Eric Saibi/Corp/Enron@ENRON, Erik
Serio/Corp/Enron@Enron, Fletcher J Sturm/HOU/ECT@ECT, Frank
Ermis/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT,
Geoff Storey/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, George
McClellan/HOU/ECT@ECT, George N Gilbert/HOU/ECT@ECT, George
Wood/Corp/Enron@Enron, Gerald Gilbert/HOU/ECT@ECT, Greg
Trefz/Corp/Enron@ENRON, Greg Whalley/HOU/ECT@ECT, Greg Woulfe/HOU/ECT@ECT,
Gretchen Lotz/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, James E
Terrell/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Janel
Guerrero/Corp/Enron@Enron, Janelle Scheuer/HOU/ECT@ECT, Jared
Kaiser/HOU/ECT@ECT, Jason Choate/Corp/Enron@ENRON, Jason
Crawford/Corp/Enron@Enron, Jay Reitmeyer/HOU/ECT@ECT, Jay
Wills/Corp/Enron@ENRON, Jeff King/Corp/Enron@Enron, Jeff
Kinneman/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, Jennifer
Fraser/HOU/ECT@ECT, Jennifer Shipos/HOU/ECT@ECT, Jim Homco/HOU/ECT@ECT, Joe
Errigo/Corp/Enron@Enron, Corp/Enron@Enron, Joe Parks/Corp/Enron@ENRON, Joe
Stepenovitch/Corp/Enron@Enron, John Arnold/HOU/ECT@ECT, John
Berger/HOU/ECT@ECT, John Craig Taylor/HOU/ECT@ECT, John D Suarez/HOU/ECT@ECT,
John Grass/Corp/Enron@ENRON, John Greene/HOU/ECT@ECT, John
Kinser/HOU/ECT@ECT, John Llodra/Corp/Enron@ENRON, John M
Singer/Corp/Enron@ENRON, John Zufferli/HOU/ECT@ECT, John Zurita/HOU/EES@EES,
Juan Hernandez/Corp/Enron@ENRON, Judy Townsend/HOU/ECT@ECT, Kate
Fraser/HOU/ECT@ECT, Kayne Coulter/HOU/ECT@ECT, Keith
Comeaux/Corp/Enron@Enron, Keith Holst/HOU/ECT@ect, Keller
Mayeaux/Corp/Enron@Enron, Kelli Stevens/HOU/ECT@ECT, Kevin
Cline/Corp/Enron@Enron, Kevin M Presto/HOU/ECT@ECT, Kevin
McGowan/Corp/Enron@ENRON, Kyle Schultz/HOU/ECT@ECT, Larry
Jester/Corp/Enron@ENRON, Larry May/Corp/Enron@Enron, Larry
Valderrama/HOU/ECT@ECT, Laura Podurgiel/HOU/ECT@ECT, Lawrence
Clayton/Corp/Enron@Enron, Lisa Burnett/Corp/Enron@Enron, Lisa
Lees/HOU/ECT@ECT, Lloyd Will/HOU/ECT@ECT, Lucy Ortiz/HOU/ECT@ECT, Madhup
Kumar/Corp/Enron@ENRON, l/HOU/ECT@ECT, Marc Bir/Corp/Enron@ENRON, Maria
Valdes/Corp/Enron@Enron, Mark Anthony Rodriguez/HOU/ECT@ECT, Mark Dana
Davis/HOU/ECT@ECT, Mark Smith/Corp/Enron@Enron, Mark Symms/Corp/Enron@ENRON,
Martin Cuilla/HOU/ECT@ECT, Matt Lorenz/HOU/ECT@ECT, Matthew
Arnold/HOU/ECT@ECT, Matthew Goering/HOU/ECT@ECT, Maureen Smith/HOU/ECT@ECT,
Michael W Bradley/HOU/ECT@ECT, Michelle D Cisneros/HOU/ECT@ECT, Mike
Carson/Corp/Enron@Enron, Mike Curry/HOU/ECT@ECT, Mike
Fowler/Corp/Enron@ENRON, Mike Grigsby/HOU/ECT@ECT, Mike
Maggi/Corp/Enron@Enron, Mitch Robinson/Corp/Enron@Enron, Nelson
Ferries/Corp/Enron@ENRON, Patrice L Mims/HOU/ECT@ECT, Patrick
Hanse/HOU/ECT@ECT, Paul Pizzolato/HOU/ECT@ECT, Per Sekse/NY/ECT@ECT, Peter F
Keavey/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Pushkar Shahi/HOU/ECT@ECT,
Randall L Gay/HOU/ECT@ECT, Richard Hrabal/HOU/ECT@ect, Robert
Benson/Corp/Enron@ENRON, Robin Barbe/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect,
Ronald Acevedo/LON/ECT@ECT, Sandra F Brawner/HOU/ECT@ECT, Scott
Goodell/Corp/Enron@ENRON, Scot, t Hendrickson/HOU/ECT@ECT, Scott
Neal/HOU/ECT@ECT, Steve Olinde/Corp/Enron@Enron, Steven Kleege/HOU/ECT@ECT,
Steven P South/HOU/ECT@ECT, Susan W Pereira/HOU/ECT@ECT, Susan
Wood/HOU/ECT@ECT, Sylvia S Pollan/HOU/ECT@ECT, Sylvia S Pollan/HOU/ECT@ECT,
Tammi DePaolis/Corp/Enron@ENRON, Terri Clynes/HOU/ECT@ECT, Theresa
Branney/HOU/ECT@ECT, Todd DeCook/Corp/Enron@Enron, Tom Donohoe/HOU/ECT@ECT,
Tom Dutta/HOU/ECT@ECT, Tom May/Corp/Enron@Enron, Tom Mcquade/HOU/ECT@ECT,
Tori Kuykendall/HOU/ECT@ECT, Troy Black/Corp/Enron@ENRON, Wayne
Herndon/Corp/Enron@ENRON, William Patrick Lewis/HOU/ECT@ECT, William
Stuart/HOU/ECT@ECT
cc: Janette Elbertson/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT
Subject: Sales Practices and Anti-Manipulation Training

Sales Practices and Anti-Manipulation Training has been scheduled for
Thursday, September 14, 2000 and Friday, September 15, 2000.  Attendance at
this training is mandatory.  The sessions will run about 2 hours.  Since each
session can only accommodate 50 people, please call Taffy Milligan at (713)
345-7373 to reserve a seat.

 Session 1 Thursday, Sept. 14  2:00 p.m.
 Session 2 Thursday, Sept. 14  4:00 p.m.
 Session 3 Friday, Sept. 15  9:00 a.m.
 Session 4 Friday, Sept. 15  2:00 p.m.

Location details will be forwarded upon registration.

If you have any questions, please contact Mark Taylor at (713) 853-7459.

Mark Frevert / Mark Haedicke


Please follow up with this.  Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/02/2000
02:18 PM ---------------------------

Rick Bergsieker@ENRON_DEVELOPMENT
09/25/2000 11:50 AM
To: Jeffrey A Shankman@ECT, Mike McConnell/HOU/ECT@ECT
cc:
Subject: Doug Arnell

At our LNG coordination meeting in London last Friday, I asked Doug Arnell to
be the point person tocoordinate the assembly of a quick data base of all of
our LNG sources and uses and ship availability over the next several years.
He will work with Merritt Thomas, Brad Hitch and Eric Groves and will
coordinate all of his work with Eric Gonzales.

The purpose of this exercise is to give us, in light of the fact that we do
not have an operational LNG book,  a quick picture of the overall situation
so that we can make some quick calls on Hoegh Galleon, Abu Dhabi etc.

I have noted that Doug has since started copying the two of you on lots of
emails.  I will ask him to take the two of you out of the details on this for
now so that we don't overload your email inboxes, unless you want to see all
of the details.

I will screen the emails and forward you info to keep you in the loop but at
a higher altitude without all of the gory details.

Please advise


Following is PNGC's response to Data Request DS-PN:001.

R. Erick Johnson PC
888 SW Fifth Ave, Suite 870
Portland, OR ?97204
Tel: 503.295.2944
E-mail: ?Erick_Johnson@PNGC.com

	Paul Murphy <bferranti@mbllp.com>

	03/08/2001 09:32 AM
	Please respond to bferranti
		? ? ? ?
		? ? ? ? To: ? ? ? ?abuckley@wutc.wa.gov, alan@epud.org,
ali.rodol@ci.seattle.wa.us, archive-power-ratecase@bpa.gov,
aw_turner@pgn.com, BASSL@sce.com, bessex@cowlitzpud.org, bferranti@mbllp.com,
bpadiscovery@merkellaw.com, ccopatrny@e-z.net, clatspud@clatskanie.com,
crow@millernash.com, cub@teleport.com, cwagers@dcpud.org, dan.meek@usa.net,
darcy@tonkon.com, darkills@popud.com, dbkinnard@pplmt.com, dfaulk@puget.com,
discoveryparalegal@bpa.gov, dldorrell@stoel.com, dmacgregor@morganlewis.com,
doney@doneylaw.com, doug_brawley@pngc.com, dparrish@prmllp.com,
dws@keywaycorp.com, eauverde@hotmail.com, eboyd@ppcpdx.org,
efinklea@energyadvocates.com, elisaCKF@aol.com, EnerGlaw@aol.com,
Eric.Larson@oremetwahchang.com, erick_johnson@pngc.com,
ghuhta@cowlitzpud.org, huse@eesconsulting.com, ias@dvclaw.com,
jack.speer@alcoa.com, jacksonc@ida.net, janet.prewitt@state.or.us,
jdeason@chbh.com, jeffn@subutil.com, jhart! so@enron.com, JLH@mc-power.com,
johk@critfc.org, john.yanov@eweb.eugene.or.us, johncameron@dwt.com,
jolynnr@mresearch.com, jpw@duncanallen.com, jrb_ora@televar.com,
jsaven@pacifier.com, jschlect@avistacorp.com, kevin.clark@ci.seattle.wa.us,
kknitte@gcpud.org, kmoxness@cencoast.com, kpom@mail.pacifier.com,
kyle@ppcpdx.org, lawyer@teleport.com, Lhamilton@avistaenergy.com,
lpeters@pacifier.com, lwolv@worldaccessnet.com, lyn_williams@pgn.com,
marc.hellman@state.or.us, marss@perkinscoie.com, matts1@atg.wa.gov,
mershanlaw@aol.com, mhain@ect.enron.com, michaelearly@earthlink.net,
mike.macdougall@powerex.com, mmetzler@ci.tacoma.wa.us,
mschaff@worldnet.att.net, mthomas@mtpower.com, Paul@KinergyLLC.com,
pete.forsyth@kaiseral.com, pete@ashland.or.us, peter@richardsonandoleary.com,
pfox@bracepatt.com, pljacklin@stoel.com, pmurphy@mbllp.com,
pnichols@idahopower.com, pobenchain@idahopower.com, pspi@dynegy.com,
pvickery@tpud.org, rachel@rnp.org, ratecase@pngc.com, rates@ppcpdx.org,
rbstron! g@painehamblen.com, rdb@keywaycorp.com, rfoiani@gcpud.org,
rkindley@schwabe.com, rle@givenspursley.com, rpierce@avistaenergy.com,
scott.brattebo@pacificorp.com, seligman@teleport.com, simonf@atg.wa.gov,
sjohnsto@wutc.wa.gov, skaravit@ci.tacoma.wa.us, stephens@eslerstephens.com,
steve@nwenergy.org, tdeboer@painehamblen.com, terrym@millcreeklaw.com,
tgrim@chbh.com, townsend@chbh.com, tracigrundon@dwt.com,
tstevenson@ci.burbank.ca.us, weavertr@yakima-wa.com, wmgt3@montana.com
		? ? ? ? cc: ? ? ? ?
		? ? ? ? Subject: ? ? ? ?WP-02 Data Request

request_number: ?DS-PN:001
firstname: ?Paul
lastname: ?Murphy
e-mail: ?bferranti@mbllp.com
directed_to: ?R. Erick Johnson, PNGC
exhibit_wp-02-e-: ?JCG-01, -02
page_numbers: ?
request_text: ?Please disclose and/or produce copies of any and all
communications, from October 16, 2001 to the present, between any BPA
representative and any representative of any other party, concerning any of
the following subjects:

a. ? ? ? ? ? ? ? ? The general structure of the Cost Recovery Adjustment
Clauses (CRACs) described in the testimony of the Joint Customers;

b. ? ? ? ? ? ? ? ? Any differences between the form of the CRACs described in
the testimony of the Joint Customers and the CRACs contained in BPA's Amended
Proposal, or those contained in BPA's Supplemental Proposal;

c. ? ? ? ? ? ? ? ? The detailed mechanics of implementing the CRACs described
in the testimony of the Joint Customers;

d. ? ? ? ? ? ? ? ? Revenue effects of the CRACs described in the testimony of
the Joint Customers, any modifications; or

e. ? ? ? ? ? ? ? ? Any aspect of the Partial Stipulation and Settlement
Agreement and the Parties' Proposal attached thereto.

For purposes of this Request, "disclose and/or produce" has the meanings
described below. ?With respect to oral communications, "disclose and/or
produce" means to describe the time, date, approximate duration, and
substantive content of the communication; the identity and organizational
affiliation of the communicating individuals; whether the communication
occurred in person or by telephone; the location of the communication if in
person; the identity of any witnesses to the communications, including all
individuals in the room if the communication occurred by speakerphone; and
whether the communication was made in the presence of or after coordination
with BPA counsel (if so, identify such counsel). ?For purposes of this
Request, you need not "disclose and/or produce" oral communications that
occurred during meetings noticed in compliance with Rate Case Rule 1010.7(d).

With respect to written communications, the Request includes communications
in any recorded form, whether on paper, electronic (including, without
limitation, e-mails), or whatever form. ?For such communications, "disclose
and/or produce" means to provide copies of all non-identical versions of any
written communications and to describe with particularity the location where
such communications were found and/or stored, including the identity of the
individual with possession or control of the written communications; to
describe with particularity the circumstances under which they were generated
or referred to; and to fully "disclose and/or produce" any oral
communications made in connection with the written communications consistent
with the preceding paragraph. ?For purposes of this Request, you need not
produce papers served on all parties to the rate case and made part of the
official file in the rate case.!

response_text: ?Response DS-PN:001

Pacific Northwest Generating Cooperative (PNGC) objects to this Data Request
on the grounds that it (i) seeks information that is not relevant; (ii) seeks
information that is privileged; and (iii) seeks information that is unduly
burdensome to produce. ?Rules of Procedure Governing Rate Hearings, Section
1010.8(b). ?PNGC further objects to this Data Request on the grounds that it
is in improper form as it does not cite to specific testimony or indicate the
specific use to which the information sought will be put. ?Special Rules of
Practice, WP-02-01. ?Further, the Data Request PNGC received in hard copy of
March 12, 2001 covered communications from October 16, 2001 to the present,
of which there were none. ?PGNC hereby responds to the corrected Data
Requests received March 14, 2001 covering communications from October 16,
2000 to the present. Without waiving the foregoing objections, PNGC responds
as follows:

1. ? ? ? ?On or about January 26, 2001, Joe Nadal, PNGC, called Barney Keep,
BPA, in the afternoon and spoke with Mr. Keep for about five minutes. ?Mr.
Nadal stated that PNGC had concerns relating to the practical feasibility of
implementation details of proposed versions of LB CRAC methodology, i.e.
ability to get transparent monthly price quotes. ?No specific details or
alternatives were discussed. ?Mr. Nadal stated PNGC's interest in having BPA
and utility traders/schedulers attend an upcoming ?work session to give their
input. ?To the best of PNGC's knowledge, no other parties participated in
this telephone conversation.

2. ? ? ? ?On or about January 29, 2001, Joe Nadal, PNGC, called Ed Bleifus,
BPA, in the morning and spoke with Mr. Bleifus for about five minutes. ?Mr.
Nadal again stated that PNGC had concerns relating to the practical
feasibility of implementation details of proposed versions of LB CRAC
methodology, i.e. ability to get transparent monthly price quotes. ?Again, no
specific details or alternatives were discussed. ?Mr. Nadal reiterated PNGC's
interest in having BPA and utility traders/schedulers attend an upcoming
?work session to give their input. ?To the best of PNGC's knowledge, no other
parties participated in this telephone conversation.

3. ? ? ? ?On or about February 13, 2001, Erick Johnson, attorney for PNGC,
called Peter Burger, BPA OGC, at about 11:45 am, and spoke with Mr. Burger
for about three minutes. ?Mr. Johnson asked whether BPA would take the
position that the provisions of the "Partial Stipulation and Settlement
Agreement," WP-02-M-111, Exhibit A, Parties' Proposal, Section H, would
preclude PNGC from offering direct testimony the the first 990 aMW of DSI
service should be priced at market. ?Mr. Burger did not initially answer this
question. ?However, at about 1:40 pm on the same day, Mr. Burger called back
to say that BPA agreed that the Partial Stipulation did not preclude PNGC
from offering such testimony. ?This conversation lasted about two minutes.
?To the best of Mr. Johnson's knowledge, no other persons participated in
these telephone calls.

4. ? ? ? ?On or about February 23, 2001, Phill Sher, PNGC, had a conversation
with A. Perino, BPA, starting at about 11:30 am and lasting about one hour.
The topics discussed were not specifically related to the BPA WP-02 rate
case. The terms "cost recovery adjustment charge" or "CRAC" did not arise to
the best of Mr. Sher's recollection. Also, to the best of Mr. Sher's
recollection, the topics discussed were matters of general interest to
economists. ?The topics discussed included commodity prices and load
forecasting. ?

5. ? ? ? ?On or about March 6, 2001, Doug Brawley, PNGC, left a voice mail
message for Bob Procter, BPA, starting at about 3:00 pm and lasting about two
minutes. ?Mr. Brawley pointed out that in GRSPs Section Q- Low Density
Discount, Sub Section 7- Application of LDD to Slice, in the third line from
the bottom in paragraph 3, the words "Financial Based (FB) and Safety Net
(SN) should be inserted between (TAC) and CRAC - in order to properly reflect
the intent of the Settlement Proposal. ?Mr. Procter did not respond to this
voice mail message.


yes, he's still inputting.

Kerri Thompson@ENRON
03/16/2001 01:08 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: tfs checkout

is he still inputting, because i still have not seen either the natsource or
tfs deals.

Thanks!

   Kate Symes @ ECT                03/16/2001 02:28 PM

To: Kerri Thompson/Corp/Enron@ENRON
cc:

Subject: Re: tfs checkout

Mike's still entering his deals - they should be showing up momentarily.

Kerri Thompson@ENRON
03/16/2001 12:20 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: tfs checkout

missing deal for mike d

buy psco
may
midc
320.00
25 mw
on peak


Sorry about the duplications!!  Some were a little far away.


John, Ken said that he does support you extending the offer.

Rosie

From: John J Lavorato/ENRON@enronXgate@enronXgate on 04/30/2001 11:30 AM
Sent by: Kimberly Hillis/ENRON@enronXgate
To: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joannie
Williamson/Corp/Enron@ENRON, Cliff Baxter/ENRON@enronXgate, James A
Hughes/ENRON@enronXgate, Steven J Kean/NA/Enron@Enron, Mike
McConnell/HOU/ECT@ECT, Rebecca McDonald/ENRON@enronXgate, Mark
Metts/Enron@EnronXGate, Stephanie Harris/ENRON@enronXgate, Maureen
McVicker/NA/Enron@Enron, Loretta Brelsford/ENRON@enronXgate, Dolores
Fisher/Enron@EnronXGate, Sherri Sera/Corp/Enron@ENRON, Jana L
Paxton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Connie
Blackwood/ENRON@enronXgate, Mrudula
Gadade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cliff Baxter/ENRON@enronXgate,
Mark Frevert/ENRON@enronXgate, Nicki Daw/ENRON@enronXgate, Lucy
Marshall/Enron Communications@Enron Communications, Kathy
McMahon/NA/Enron@Enron, Jeremy Blachman/HOU/EES@EES, Philippe A
Bibi/ENRON@enronXgate, Raymond Bowen/ENRON@enronXgate, Michael R
Brown/LON/ECT@ECT, Harold G Buchanan/HOU/EES@EES, Rick Buy/ENRON@enronXgate,
Richard Causey/Corp/Enron@ENRON, David Cox/Enron Communications@Enron
Communications, David W Delainey/HOU/EES@EES, James Derrick/ENRON@enronXgate,
Steve Elliott/Enron Communications@Enron Communications, Andrew S
Fastow/ENRON@enronXgate, Ben Glisan/HOU/ECT@ECT, Kevin Hannon/Enron
Communications@Enron Communications, Rod Hayslett/ENRON@enronXgate, Stanley
Horton/Corp/Enron@Enron, Louise Kitchen/HOU/ECT@ECT, Mark
Koenig/Corp/Enron@ENRON, Kenneth Lay/Corp/Enron@ENRON, Dan Leff/HOU/EES@EES,
Danny McCarty/ET&S/Enron@Enron, Jeffrey McMahon/ENRON@enronXgate, Mark S
Muller/HOU/EES@EES, Cindy Olson/Corp/Enron@ENRON, Lou L Pai/HOU/EES@EES, Ken
Rice/Enron Communications@Enron Communications, Matthew
Scrimshaw/LON/ECT@ECT, Jeffrey A Shankman/ENRON@enronXgate, Jeffrey
Sherrick/ENRON@enronXgate, John Sherriff/LON/ECT@ECT, Jeff
Skilling/Corp/Enron@ENRON, Marty Sunde/HOU/EES@EES, Greg Whalley/HOU/ECT@ECT,
Thomas E White/HOU/EES@EES, G G Garcia/ENRON@enronXgate, Susan
Skarness/ENRON@enronXgate, Karen K Heathman/ENRON@enronXgate, Sharron
Westbrook/Corp/Enron@ENRON, Kay Chapman/HOU/EES@EES, Bridget
Maronge/ENRON@enronXgate, Inez Dauterive/HOU/ECT@ECT, Carol Ann Brown/Enron
Communications@Enron Communications, Cindy Stark/Corp/Enron@ENRON, Rosalee
Fleming/Corp/Enron@ENRON, Tori L Wells/HOU/ECT@ECT, Cathy
Phillips/HOU/ECT@ECT, Sue Ford/ENRON@enronXgate, Karen Owens/HOU/EES@EES,
Dorothy Dalton/Enron Communications@Enron Communications, Mercedes
Estrada/Enron Communications@Enron Communications, Christina
Grow/ENRON@enronXgate, Lauren Urquhart/LON/ECT@ECT, Laura
Taylor/ENRON@enronxgate, Judy G Smith/HOU/EES@EES, Suzanne
Danz/Corp/Enron@ENRON, Peggy McCurley/ENRON@enronXgate, Marsha
Schiller/ENRON@enronXgate, Tammie Schoppe/HOU/ECT@ECT, Kimberly
Hillis/ENRON@enronXgate, Jennifer Burns/ENRON@enronXgate, Sharon
Dick/HOU/EES@EES, Beverly Aden/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES, Leah
Rijo/Enron Communications@Enron Communications, Kathy
Campos/ENRON@enronXgate, Julie Armstrong/Corp/Enron@ENRON, Kelly
Johnson/Corp/Enron@ENRON, Rebecca Carter/Corp/Enron@ENRON
cc:
Subject: VP Candidate Greg Shea

I would like to pursue an offer to Mr. Shea prior to the next Executive
Committee meeting on May 7, 2001.  Please forward your comments or questions
by Tuesday, May 1, 2001 so that I can extend the offer by Wednesday, May 2,
2001.

You will find attached the recommendation letter and his resume.

Regards,

John Lavorato

Tammie Schoppe on behalf of John Lavorato.


Thank you, Joseph!!

	Joseph Alamo
	05/22/2001 01:43 PM

To: Karen Denne/Corp/Enron@ENRON
cc: Jeff Dasovich/NA/Enron

Subject: HELP -- CEO email

Steve Kirshch
CEO
Propel
1010 Rincon Circle
San Jose CA 95131

ph.  408.571.6317
fax: 408.577.1070
e-mail:  stk@propel.com

Vivek Ranadive
CEO
Tibco
ph. 650.846.5001
e-mail: ranadive@tibco.com

Kenneth Oshman
President & CEO
Echelon
415 Oakmead Parkway
Sunnyvale CA 94085
ph. 408.938.5244
fax 408.328.3805
e-mail: keno@echelon.com

John Doerr
ph. 650.233.3353
e-mail: jdoerr@kpcb.com

---------------------- Forwarded by Joseph Alamo/NA/Enron on 05/22/2001 11:37
AM ---------------------------
From: Jeff Dasovich on 05/22/2001 10:53 AM CDT
Sent by: Jeff Dasovich
To: Karen Denne/Corp/Enron@ENRON
cc: Joseph Alamo/NA/Enron@Enron

Subject: HELP -- CEO email

I'll have Joseph clean up the letter and send you the email/fax #'s etc. for
the list, for the cards that I gathered.

Best,
Jeff

----- Forwarded by Jeff Dasovich/NA/Enron on 05/22/2001 10:51 AM -----

	Karen Denne
	05/22/2001 12:45 AM

		 To: Jeff Dasovich/NA/Enron@ENRON
		 cc:
		 Subject: HELP -- CEO email

Jeff -- Thanks for your phone message.  I'm stuck and need your help.  My
Microsoft Word isn't working, and I want to send something out to the ceos
asap tuesday.  Can you clean up the letter?  I'm fine w/ your edits (for the
signature line, add "name, title")  Pls send me the final letter so I can
detach.  i've left a message for steve and will wait to send until i hear
from him.

I'm didn't collect biz cards from everyone at the CEO meetings, and I need
email and/or fax numbers for:

Tony Ridder
Steve Kirsch
Ken Oshman
Fred Anderson
Dan Scheinman
Vivek Ranadive
John Doerr
Ray Irani

Can you send me the info from their cards?  Call me if you have any
questions.  THANK YOU!!!

kd


Pete,

This "bug" initiates as we roll into the new day, as for the exact time...we
will have to watch closely and get back to you on that.  The bug  or false
finals are an exact duplicate of the previous days finals for that schedule.
If the current day has a null value for HE 24, no new final will overwrite
the bug or false final.  Consequently we are left with false finals that have
absolutely no relation to anything that occurred on the current day.  Going
forward, we will do our best to document the occurence of these false
finals.
This bug is annoying and time consuming, but if recognized it seems that our
best course of action is to run the report, identify the false finals as the
variance, and then give you a call to manually change the values in CAPS so
that it will archive properly.  Any more feedback you have concerning this
bug would be appreciated.

Thank you for your help.

Bill


The report named: DPR - Concentration <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=48&report_name=DPR+-+Concentration&category_cd=2&category_name=ENRON%20CONSOLIDATED&toc_hide=1&sTV1=2&TV1Exp=Y&current_efct_date=11/21/2001>, published as of 11/21/2001 is now available for viewing on the website.


Mark your calendar!  The Corporate Holiday Party is on Saturday, December 9th
at the Museum of Natural Science.  Your formal invitation will be
hand-delivered within the next two weeks!


Enron Asks Citigroup for $750 Mln Loan, People Say (Update1)
Bloomberg, 10/23/01

Enron Corp. Cut to `Reduce' at Edward Jones
Bloomberg, 10/23/01

Enron CFO: Company Has Sufficient Liquidity
Dow Jones News Service, 10/23/01
Enron says shareholders' 'best interests' were sought in all LJM dealings
AFX News, 10/23/01
US class action suit filed against Enron for misleading statements
AFX News, 10/23/01
Word of SEC probe puts Enron into deep dive: Problems mount
National Post, 10/23/01
City - SEC inquiry sparks Enron share fall.
The Daily Telegraphm 10/23/01
Shares of Enron Plummet 21% Energy: SEC requests information from company on series of unusual financial deals tied to executive.
Los Angeles Times, 10/23/01

Enron Asks Citigroup for $750 Mln Loan, People Say (Update1)
2001-10-23 10:11 (New York)

Enron Asks Citigroup for $750 Mln Loan, People Say (Update1)

     (Adds comment from CFO Fastow in fourth paragraph, Enron's
short-term borrowing rates in seventh paragraph.)

     New York, Oct. 23 (Bloomberg) -- Enron Corp., the biggest
energy trader, has asked Citigroup Inc. to arrange a $750 million
loan, ensuring access to credit if the embattled company is cut
off from money markets, say people familiar with the matter.

     Enron's shares and bonds plunged yesterday after the company
said the Securities and Exchange Commission was probing its
finances. The Houston-based business, whose stock has fallen 75
percent this year amid concerns about failed investments, depends
on a $3 billion commercial paper, or short-term debt, program to
finance day-to-day operations.

     Earlier this month, Moody's Investors Service placed all $13
billion of the company's long-term debt securities on watch for
possible downgrade. As a second-tier commercial paper borrower,
any drop in its rating may cut off Enron from the commercial paper
market and raise the costs of short-term debt.

     ``We understand that our credit rating is critical to both
the capital markets and our counterparties,'' Enron's Chief
Financial Officer Andrew Fastow said on a conference call today.
He said Enron has $3.5 billion available on bank credit lines,
giving it enough cash to operate normally.

     Enron shares rose as much as 12.6 percent during the call to
$23.25. They pared the gain to $21.80, up $1.15.

     Dan Noonan, a spokesman for Citigroup's Citibank NA unit,
declined to comment. Mark Palmer, a spokesman for Enron, declined
to comment.

                      Commercial Paper Rates

     Enron was paying 3.15 percent to issue commercial paper until
Oct. 31, which is as much as 15 basis points more than companies
with the same ``A2/P2'' short-term credit ratings that are not on
credit watch. Enron's short-term debt is not on review for a
possible downgrade.

     Enron has previously turned to Citigroup for finance and
advice. In 1999, Citigroup's Salomon Smith Barney unit advised the
company on its $1.45 billion acquisition of three natural gas-
fired power plants from Cogen Technologies Inc. Citibank, along
with J.P. Morgan Chase & Co., this year arranged a $1.75 billion
loan.

     Earlier this week, an investor sued Enron, saying two
partnerships cost the company $35 million and Fastow's leadership
of them was a conflict of interest.

     The SEC has asked Enron about partnerships and affiliated
companies headed by Fastow. Dismantling some of the partnerships
would cost Enron or its shareholders as much as $3 billion, Ray
Niles, a Salomon Smith Barney analyst, wrote in a report to
investors.

     Enron created partnerships and affiliated companies to buy
and sell assets such as power plants to lower the debt on its
books.

     Investors said they were concerned that Enron may be forced
to dismantle the affiliated companies by paying off the owners in
cash or stock. Chief Executive Ken Lay said last week he may have
to ``unravel'' agreements that created the companies if Enron's
debt ratings fall too far.

--Mark Lake in the New York newsroom (212) 893-5989 or

Enron Corp. Cut to `Reduce' at Edward Jones
2001-10-23 11:42 (New York)

     Princeton, New Jersey, Oct. 23 (Bloomberg Data) -- Enron Corp. (ENE US)
was downgraded to ``reduce'' from ``accumulate'' by analyst Zach Wagner at
Edward Jones.

--Michael O. Donohue in Princeton, New Jersey, (+1)609-279-3756.

Enron CFO: Company Has Sufficient Liquidity
By Christina Cheddar
Of DOW JONES NEWSWIRES

10/23/2001
Dow Jones News Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW YORK -(Dow Jones)- Enron Corp. (ENE) Chairman and Chief Executive Kenneth Lay said the company had procedures in place to avoid conflicts of interest in dealings between Enron and partnerships that were set up and run by its chief financial officer, Andrew Fastow.
Last week, the Securities and Exchange Commission asked the Houston energy trading company to provide additional information about the partnerships, which Enron said were off-balance sheet financing vehicles used to hedge against fluctuations in the market.
In a conference call held Monday to discuss investor concerns about the SEC investigation and related matters, Lay said there was a "Chinese wall" in place to protect the interest of Enron shareholders.
The procedures were "rigorously followed," Lay said.
In previous filings with the SEC, Enron said the terms of the transactions with the partnerships were "reasonable compared to those which could have been negotiated with unrelated third parties."
Fastow resigned from the partnerships, which were known as LJM Cayman LP and LJM2 Co-Investments LP in late July.
The company also is involved in other off-balance sheet financing vehicles, including Marlin Water Trust II and Whitewing.
During the conference call, investors said they were frustrated by the complex nature of the trusts, and asked for more information.
Lay said the company would be providing a list of "Frequently Asked Questions" on its Web site later Tuesday that may provide more details.
After Enron disclosed the SEC investigation Monday, the company's stock sunk to its lowest level in 52 weeks, $19.67. Enron shares were recently trading up 47 cents, or 2.3%, at $21.12, in brisk volume that has already surpassed its average daily turnover of 6.3 million shares.
Lay said he was "extremely disappointed" in the current stock price.
"Our businesses are performing very well and we are continuing to conduct business," he said.

During the conference call, Enron officials declined to specify Fastow's role in the partnership, citing the ongoing SEC investigation and a derivative lawsuit filed against Enron that alleges its board breached its fiduciary duties by allowing Fastow to create and run the partnerships.
Enron officials also addressed concerns that investors had about the potential need to issue additional Enron stock.
Under certain circumstances, for example, if both Enron's stock and credit rating fall to certain levels, the company would need to issue additional shares to the partnerships, diluting the holdings of current shareholders.
Enron officials declined to say how much dilution would occur under a "worst-case scenario."
However, the officials said they doubted there would be a need to issue the additional stock because the company plans to work with the credit-rating agencies to prevent such an event.
Moody's put Enron on watch for a downgrade of its long-term debt last week after the company announced a $1 billion third-quarter write-off that produced a $618 million loss.
According to Lay, Enron's debt rating would need to fall several notches to below investment grade in order to trigger the need to issue more stock.
"We are committed to maintaining our ratings," Lay said. "Moody's said they would work with us," he added.
Furthermore, Fastow said, Enron expects to have "sufficient liquidity" to meet all its capital requirements.

Enron's efforts to unwind the LJM partnerships contributed to a reduction of $1.2 billion in shareholder equity. However, Enron's Lay said the lower number of shares outstanding wouldn't affect the company's earnings outlook.
Enron has said it expects to earn $1.80 a share in 2001 and $2.15 a share in 2002. The numbers are in line with the consensus estimates reported by Thomson Financial/First Call.
"Despite the economy going softer, we think we can meet that," Lay said.
-By Christina Cheddar, Dow Jones Newswires; 201-938-5166; christina.cheddar@dowjones.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Enron says shareholders' 'best interests' were sought in all LJM dealings

10/23/2001
AFX News
(c) 2001 by AFP-Extel News Ltd

NEW YORK (AFX) - Enron Corp said it sought the "best interests" of its shareholders in all its dealings with LJM Cayman LP and LJM2 Co-Investment LP, two partnerships which were set-up and run until recently by Enron chief financial officer Andrew Fastow.
"The board (of Enron) was fully aware and kept a real Chinese wall between Enron and LJM. Enron's shareholders best interests were sought in all LJM dealings," said Enron chief executive officer Kenneth Lay, in a conference call with analysts.
The company scheduled the call after Enron's stock slid 21 pct yesterday, when it revealed the Securities and Exchange Commission asked the company to provide information on certain related-party transactions.
Overnight, two class action lawsuits were launched by shareholders against Enron and its officers, alleging that operating results were also "materially overstated" as a result of the company failing to timely write-down the value.
In its third-quarter results last week, Enron announced a charge of 1.01 bln usd, of 1.11 usd per share, and an incremental 1.2 bln usd reduction in stockholders' equity, related to the unwinding of investments with the LJM partnerships.
According to the Wall Street Journal, Fastow resigned from the partnerships in July, due to growing suspicion over potential conflicts of interests.
During the call, Lay said that he, and Enron's board of directors, have "the highest faith and confidence in (Fastow)."
Lay also said the company remained confident that its current liquidity position allows it to meet all its obligations, and is confident of the outlook for its corporate rating.
Analysts have raised the possibility that, should Enron's credit rating and stock price continue to fall, the company may be obligated to issue millions of new shares to meet obligations with other entities it deals with.
ng/cml For more information and to contact AFX: www.afxnews.com and www.afxpress.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

US class action suit filed against Enron for misleading statements

10/23/2001
AFX News
(c) 2001 by AFP-Extel News Ltd

NEW YORK (AFX) - Milberg Weiss Bershad Hynes & Lerach LLP law firm said it filed a class action lawsuit yesterday against Enron Corp alleging that it issued misleading statements between Jan 18, 2000 and Oct 17, 2001, thereby inflating the company's share price artificially.
The suit was filed on behalf of Enron shareholders between the above period and is pending in the US District Court in Houston against Enron Corp, Enron CEO Kenneth Lay, former Enron CEO Jeffrey Skilling, who resigned recently, and Enron chief financial officer Andrew Fastow.
The suit claims that Enron issued statements which failed to disclose that the company was experiencing a declining demand for bandwidth and that its efforts to create a trading market for bandwidth failed because many market participants were not creditworthy.
The company's operating results were also "materially overstated as result of the company failing to timely write-down the value of its investments with certain limited partnerships" managed by the company's CFO. The suit additionally alleges that Enron was failing to write-down impaired assets on a timely basis in accordance with GAAP.
On Oct 16, Enron announced unexpectedly that it was taking third quarter non-recurring charges of 1.01 bln after-tax, or 1.11 usd per share, which it later revealed was due largely to the unwinding of investments with certain limited partnerships controlled by Enron's chief financial officer. Enron also announced it was cutting shareholder equity by 1.2 bln usd.
Enron's share price consequently fell sharply. During the class period, Enron insiders disposed of 73 mln usd of personally-held Enron common stock.
Holders of Enron stock between the class period in question may request appointment as a lead plaintiff no later than Dec 21, Milberg Weiss said.
Yesterday, Enron announced that the Securities and Exchange Commission has requested that it provide information regarding certain related party transactions.
jkm/shw For more information and to contact AFX: www.afxnews.com and www.afxpress.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Financial Post: News
Word of SEC probe puts Enron into deep dive: Problems mount
David Howard Sinkman
Reuters

10/23/2001
National Post
National
FP2
(c) National Post 2001. All Rights Reserved.

NEW YORK - Shares of Enron Corp. slumped more than 20% yesterday after it said U.S. regulators are looking into company transactions, another blow to a company whose chief executive resigned in August.
A spokesman for North America's biggest buyer and seller of natural gas and electricity declined to discuss an inquiry by the U.S. Securities Exchange Commission, but said it was cooperating.
The SEC also declined to outline details of its inquiry.
Investor confidence in the company has been rocked by reports from The Wall Street Journal about its relationship with two limited partnerships that were run until recently by Enron's chief financial officer, Andrew Fastow.
The company also reported last week its first quarterly loss in more than four years, and took US$1.01-billion in charges and writedowns on ill-fated investments.
Problems at Enron surfaced two months ago when CEO Jeff Skilling resigned after six months at the helm.
Enron shares declined US$5.49, or 21%, to US$20.56 in afternoon trade on the New York Stock Exchange yesterday, shaving off almost US$4.2-billion of its market capitalization.
The stock, the biggest decliner by percentage loss on the NYSE, fell as much as 22.8% yesterday, when it opened at its lowest level since September 1998.
Enron declined to comment on whether the SEC's inquiry into "certain related-party transactions" involved the partnerships.
"Related-party transactions" is the heading used by Enron in its 1999 and 2000 annual reports to discuss dealings with its limited partnerships, LJM Cayman LP and the larger LJM2 Co-Investment LP, which engaged in complex hedging transactions involving company assets worth hundreds of millions of dollars.
Mr. Fastow severed his ties with the partnerships in June. LJM was set up in June 1999 for energy-related investments, and LJM2 in December 1999 for energy- and communication-related investments.
The Journal reported US$35-million of its third-quarter loss of US$638-million were connected with the limited partnerships
Curt Launer, an analyst at Credit Suisse First Boston, said investors should question Enron's use of real value accounting when the value of certain assets, "most notably in telecommunications," have declined precipitously.
"Investors have had several opportunities to question Enron's credibility and at each of those turns the share price has declined," Launer said.
Some analysts, though, cautioned against assuming fire when there might only be smoke.
"This is an inquiry, not an investigation, and I cannot imagine Enron's attorneys or accountants would allow it do to something illegal," said Merrill Lynch analyst Donato Eassey.
"It's easy for the market to kick a company when its down, but these challenges do not last for a solid company, and we think Enron is one."
The price of shares in the company is down 75% this year.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

City - SEC inquiry sparks Enron share fall.
By Simon English.

10/23/2001
The Daily Telegraph
P31
(c) Telegraph Group Limited, London, 2001

in New York
ENRON, the American power giant, saw its shares slump by a fifth yesterday after it revealed that the top financial watchdog is delving into firms managed by chief financial officer Andrew Fastow.
The Securities and Exchange Commission is requesting details of deals between the company and limited partnerships with which Mr Fastow has, or had, links.
Enron chairman Kenneth Lay said in a statement: "We welcome this request. We will co-operate fully and look forward to the opportunity to put any concern about these transactions to rest."
Questions were raised last week on Wall Street after the company announced a write-down of more than $1 billion due to failed investments in telecoms and other businesses.
The disclosure alarmed investors and sent the already battered shares down 23pc. Yesterday they fell another $5.30 ( #3.80) to $20.75 in early trading.
According to the annual report the "related party transactions", as Enron describes them, took place in 1999 and 2000, resulting in losses of $16m and $36m respectively.
Mr Lay said that auditors approved the deals, but would not give further details of what they were.
They are understood to have been hedging transactions against Enron shares and other assets made by partnerships called LJM Cayman LP and LJM2 Co-Investment JP.
"We believe everything that needed to be considered and done in connection with these transactions was considered and done," added Mr Lay.
The relationship between the investment losses and the SEC probe is not clear, though the inquiry seems to focus on the partnerships responsible for the hedging transactions.
Enron owns Teesside Power Station and Wessex Water in Britain and is the largest trader of natural gas in the US. Investors are concerned that the probe and the continued uncertainty about the extent of the problem will harm the company's credit rating.
An Enron spokesman said Mr Fastow continues to work and is not under any suspicion.
The SEC inquiry is "informal", says the company. The watchdog contacted Enron last Wednesday, the day of the results announcement. The SEC declined to comment.
Enron made a loss of $638m in the third quarter, its first in over four years.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Business; Financial Desk
Shares of Enron Plummet 21% Energy: SEC requests information from company on series of unusual financial deals tied to executive.
NANCY RIVERA BROOKS
TIMES STAFF WRITER

10/23/2001
Los Angeles Times
Home Edition
C-1
Copyright 2001 / The Times Mirror Company

Shares of Enron Corp. set a 52-week low Monday on word that the Securities and Exchange Commission had asked for information about a complex series of financial transactions between the Houston-based energy giant and an investment partnership tied to a company executive.
Enron, the world's largest energy trader, said it had voluntarily provided information on "certain related-party transactions" that had been previously disclosed to the SEC.
"We welcome this request," said Kenneth L. Lay, Enron chairman and chief executive.
"We will cooperate fully with the SEC and look forward to the opportunity to put any concern about these transactions to rest," he said.
The SEC request is the latest in a parade of bad news for Enron, which has seen investments sour in telecommunications, retail electricity sales and water.
Investors have battered the company's stock, which once sold for nearly $85 a share in the last year, and many have criticized Enron's stingy meting out of financial information. But several Wall Street analysts remain upbeat on the stock, noting that the bulk of its businesses continue to thrive despite the growing economic downturn.
In August, Enron Chief Executive Jeffrey K. Skilling, one of the main architects of the company's strategy of shedding physical assets in search of trading profit, stunned Wall Street by resigning.
Skilling cited personal, family-related reasons, but later he acknowledged that the precipitous plunge in the company's stock price contributed to his departure.
On Monday, Enron shares plunged $5.40, or nearly 21%, to close at $20.65 on the New York Stock Exchange.
Enron's stock has lost nearly 40% of its value in the last week since it reported a surprise third-quarter loss of $618 million after $1.01 billion in charges reflecting the costs of recent failed investments.
But the charge also included $35 million related to what Enron described only as the "early termination during the third quarter of certain structured finance arrangements with a previously disclosed entity."
In a conference call with securities analysts about the earnings, the company mentioned that it had repurchased 55 million shares as part of the dissolution of its participation in the transactions.
But investors were stunned when stories last week in the Wall Street Journal detailed that the transactions were with a limited partnership organized by Andrew S. Fastow, Enron's chief financial officer, and that Enron had whittled $1.2 billion off its shareholder equity as it repurchased the shares and canceled a $1.2-billion note it had received from the partnership. Shareholder equity now stands at $9.5 billion.
The limited partnership, called LJM2, and Fastow reaped millions of dollars of profit through complex hedging transactions that involved Enron assets and stock, the Journal reported.
Lay said the transactions were reviewed by auditors and lawyers inside and outside the company and that the company board was fully informed.
A shareholder lawsuit charging that Enron's directors violated their fiduciary duty already has been filed in Texas state court.
Many companies set up limited partnerships for tax purposes, but it is unusual to allow company executives to run them, analyst say.
Investors also are upset by the unusually zealous way that Enron has guarded financial information, making it difficult to analyze the company's complex web of businesses.
And many are not confident that all the bad news has been released.
Analyst M. Carol Coale, who follows Enron and other energy companies for Prudential Securities in Houston, downgraded Enron to a "hold" from a "buy" rating Monday out of such frustration.
Coale said she has been getting misinformation or no information out of Enron.
But Bob Christensen, energy analyst with First Albany Corp., said that despite Enron's recent difficulties, the bulk of the business remains strong.
"I continue to tell investors that 70% of this company's business is growing at a 26% rate, and that was in the third quarter when this country had a very sharp economic slowdown going on," he said.
Investors are panicking because of a "bad news story that doesn't reflect reality," said Jon Kyle Cartwright, senior energy analyst with the Raymond James & Associates brokerage firm in St. Petersburg, Fla.
"They are the world's largest energy trader, and they are very good at that," Cartwright said.
"The reality is that everything is fine here," although more charges, perhaps $500 million worth, are expected in the next few quarters, related to businesses that Enron is selling.

GRAPHIC: Losing Its Spark / Los Angeles Times;
Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.


?
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What is an abbreviated legal risk memo?

 -----Original Message-----
From: 	Gorte, David
Sent:	Monday, November 19, 2001 11:31 AM
To:	Mrha, Jean
Cc:	Nemec, Gerald; Rainer, Eva
Subject:	RE: Revised DASH to include Post Sale Adjustment Language

Jean,

Attached is my marked -up version of this DASH for your review.  Can I get an abbreviated legal risk memo with respect to this transaction?

Regards,

Dave

 -----Original Message-----
From: 	Mrha, Jean
Sent:	Monday, November 19, 2001 11:09 AM
To:	Gorte, David
Cc:	Nemec, Gerald; Rainer, Eva
Subject:	Revised DASH to include Post Sale Adjustment Language

Dave,

Please see revised deal description.

Regards, Jean

 << File: DASHtemplate.doc >>


I have some errands I need to run at lunch.  I can pick my things up then.  About Las Vegas,  I never received a confirm on Danny Gains last week.  I am not sure what happened, however, I called the Mirage directly and he is sold out that weekend.  Anything else you would like to see?  What about for dinner, any place special you would like to go?

 -----Original Message-----
From: 	Harris, Steven
Sent:	Monday, October 29, 2001 9:56 AM
To:	Geaccone, Tracy
Subject:	RE:

If you don't mind that would help out. Does that mean you would stay at my house tonight? Do you need to go home and get your things? I can't wait to see you again.

 -----Original Message-----
From: 	Geaccone, Tracy
Sent:	Monday, October 29, 2001 9:28 AM
To:	Harris, Steven
Subject:

I can't wait to see you tonight.  If you have alot of things to do at home, I don't mind driving to your house after Jackie's conference.   I have an Azurix 2002 Plan review from 2:30-4:30, so I will not be at your staff meeting.  I should be around until then.

Love you,

Red


I need you to run these items by Rick.  I take full responsibility for
approving the hiring of the Hills firm (and I look forward to meeting with
you and Carla as we discussed), but remain hopeful we can use their services
for something other than WTO.  In the wake of Seattle, and as I have come to
understand better what the WTO can and cannot do for us on the energy
services front, I have come to the view that our talent and money would be
better spent on other activities.  My inclination is to do the bare minimum
necessary to keep the machine going.  If we have specifically committed to
certain things, then let's follow through.  If there are things we can avoid,
let's avoid them.  Specifically with respect to Fischer going to Geneva, Why
not have him available by phone at all hours to provide assistance and mage
that known to USG instead of underwriting additional travel.  With respect to
the Hills firm, can we use the retained time to help with the specific
strategies we are now working out for the regions?  These are the kinds of
things we need to consider.

Joe Hillings@ENRON
04/19/2000 04:13 AM
To: Steven J Kean/HOU/EES@EES
cc:
Subject: Enron and the Energy Services Issue Before The WTO

Steve: This is a brief extension of our conversation yesterday afternoon
putting in print some of the upcoming dates and possible committments for
your consideration and decision.

We have no exit strategy at this time and in order to follow your general
instructions to withdraw gradually (I'm not quite certain that is possible at
this stage) you need to know the following.

The April meeting at the WTO in Geneva (Committee on Specific Committments)
spent considerable time discussing how energy services would be considered in
the WTO GATS (General Agreement on Trade and Services) . The USTR raised the
issue, tabled the issue and guided the discussion. We did not send anyone to
that session.

As planned for several months, we issued the Rachel Thompson study which is
completing its basic distribution now. There has already been considerable
interest in the study and I fully expect it to generate discussion in the
days ahead. I have sent you the correspondence from the Japanese Ministry.
Tonight I am hosting a small dinner for the top staff person for the leading
Japanese business organization affiliated with the CSI organization. He
raised the issue of Japan's industry feeling energy services was going too
fast too soon when Ken addressed the WTO Ministerial Forum last December in
Seattle. Now he has told Bob Vastine, president of CSI that he was told later
by his collegues that his statement was a misstatement. We'll hear more
tonight.

Later today, the ESC Executive Committee is meeting with the DOE to discuss
how they can support energy services for the USTR who has lacked technical
advisers since Donna Bobbich and Russ Profozich left DOE earlier this year.
DOE has appointed a group to help USTR and this is an orientation meeting
held at their request.

Next week I have scheduled the first ESC full meeting since January to update
members (now 50 since Schlumberger joined on Friday) on developments which is
essentially a report by USTR Carol Balassa who is the responsible official
handling energy services.

She has given a couple of us a debriefing on what happened at the WTO meeting
and a request to prepare more detailed information for the May 10 meeting in
Geneva where she tells us that energy services will be even more involved in
the discussion. We should have Bob Fisher go to that meeting to be of
assistance. This is a decision point for you.

We have made some other committments which are also decision points although
the Helsinki meeting on June 18th has been agreed upon based on my feelings
that when I discussed it (the SCO/FSN Showcase Europe) in Houston with you
and Rick, you raised no objection which I took as agreeing that it should go
forward.  We have done this meeting annually where I have brought in someone
from Enron companies to brief them and host them for dinner. These are the
commercial people in the US embassies throughout Europe and the former Soviet
Union. They are important points of contact for our commercial people.  This
year they want to have energy services in the WTO and as we would like them
to exist in their territory. A few members of the ESC Executive Committee
will do the former and Peter Styles the later. I have organized the dinner.

Following that meeting is one that EC Trade staffer Uta Klinkers wants the
ESC Executive Committee to put on in Brussels which is a joint meeting she is
organizing with European energy industry representatives. This is a dialogue
on energy services. The EU is an important player in the WTO and Uta, who
recently met with the ESC Executive Committee in Washington is quite
supportive of liberalized energy services. At the EC she reports directly to
Commissioner Pascal Lamy. Rick's memo this week suggested we have Peter
Styles do this briefing. Peter is not an American and is not affiliated with
the ESC. Therefore, unless we participate, Europe's energy industry is not
talking with US industry. If this is what you want, then I should tell Uta
that we are unable to do the meeting.

The last meeting is the presentation by Ken Lay at the OECD Forum 2000 on
June 26 which I engineered with Doug Worth, Secretary General of the BIAC
(Business Industry Affairs Committee) to the OECD. This is a major world
conference and Ken is addressing e-commerce and services. Doug, an American
and former head of the Washington IBM office wants to have Ken meet with OECD
Commissioners in a smaller meeting to discuss trends for the future.  I had
planned to be there with Ken for the day, day and a half he will be in Paris.
I introduced our company to the OECD several years ago and it has become
increasingly involved in issues of interest to us.

Well, these are the near-term items that require your fine hand if we are to
proceed. A dramatic drop off at this time will have its effects and no one is
likely to pick up our leadership. There is growing support for what has been
accomplished and the USG plus others are now hooked on the energy services
agenda. I cannot easily see an exit strategy that can do anything but cause
criticism at this point. This is definately a longer term committment that I
thought we had made when approval was given to hire the Hills firm. However,
if you want to exit, other than pulling back from the Brussels meeting, I
think the other meetings are firm committements at this point.

These are some thoughts for your consideration and decision.

Joe


Please give me a call to discuss, as I did not receive the contract.

 Regards,
 Debra
713-853-7658

 -----Original Message-----
From: 	"Mary Phares" <mphares@primeenergy.com>@ENRON [mailto:IMCEANOTES-+22Mary+20Phares+22+20+3Cmphares+40primeenergy+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, August 28, 2001 3:23 PM
To:	dperlin@enron.com
Subject:	Cora Reynolds #1, now know as the Phil Stutes #1

Deba I mailed this contract to you on July 9th.  Where do we stand with Enron's
execution?  I have not received a fully executed copy back from you.  Thanks.


Thanks.

Look at the attached ... it may be too late for this afternoon, but I took a
shot at a revised way of presenting the investment fund and the associated
issues (substitute for slides 15-17?)


take me off as well.  I have received several of these this morning. Thanks,
Barb

Chad Landry@ECT
04/11/2001 09:17 AM
To: Marc Pederson/Contractor/Enron Communications@ENRON COMMUNICATIONS@ENRON
cc: Sheila A Knudsen/ENRON@enronXgate@ENRON, All Enron Employees United
States@ENRON, IMCEANOTES-iBuyit/40ENRON@ENRON.com@ENRON
Subject: RE: Reply Requested: Do You Code Or Approve Invoices?

Take me off this list, PLEASE.

CKL

From: Marc Pederson@ENRON COMMUNICATIONS on 04/11/2001 09:12 AM
To: Sheila A Knudsen/ENRON@enronXgate@ENRON
cc: All Enron Employees United States@ENRON,
IMCEANOTES-iBuyit+40ENRON@ENRON.com@ENRON
Subject: RE: Reply Requested: Do You Code Or Approve Invoices?

No I do not.


See attached

From: Karen Denne/ENRON@enronXgate on 07/12/2001 08:33 PM

To: Jim Fallon/Enron Communications@Enron Communications, Ken Rice/Enron
Communications@Enron Communications

cc: Mark Palmer/ENRON@enronXgate, Steven J Kean/NA/Enron@Enron, Kelly
Kimberly/Enron Communications@Enron Communications

Subject: EBS Article for eBiz

Jim and Ken --

Attached is an article for eBiz (our biweekly online newsletter), which we
are scheduled to launch at 7:30 a.m. Friday.  Kelly Kimberly has reviewed it,
but has asked that you view the article as well.  Since only EBS employees
received your memo about the restructuring -- and the rest of the employees
did not receive any communication -- it is extremely important to provide
information through this vehicle.

Please let me know of your approval or if you have any questions.

Thank you.
Karen
x39757


Thank you for the message - i need it today .  It is 2:35 and i am exhausted
- i need a cig and a beer.  I love you.

Sandra


---------------------- Forwarded by Steven J Kean/HOU/EES on 08/01/2000 06:56
PM ---------------------------

Peggy Mahoney
08/01/2000 01:48 PM
To: Karen L Williams/HOU/EES@EES, Mark Palmer/Corp/Enron@ENRON, Steven J
Kean/HOU/EES@EES, James D Steffes/HOU/EES@EES, Jeff Dasovich/SFO/EES@EES
cc:
Subject: Duke release and news conference

Duke is holding a news conference at 3pm Central Time.  Call in number is
below.

Duke Energy Offers Governor Davis Solutions to California's Power Supply
Shortfall

     Committing to Deliver 3,000 Megawatts of New Supply to California
               And a Five-Year Fixed Price Supply Contract

    HOUSTON AND MOSS LANDING, Calif., July 31 /PRNewswire/ -- Duke Energy
North America (DENA) today offered to California Governor Gray Davis specific
solutions to address the state's electricity supply shortage proposing to
deliver 3,000 megawatts of new supply through the construction of generation
facilities.  In addition, DENA proposed a five-year, fixed-price supply
contract to incumbent utilities to address the immediate concern with volatile
electricity prices.
    "California's high electricity prices during peak-demand periods result
from insufficient supply to meet the demand," said Jim Donnell, president and
chief executive officer of DENA.  "In the past ten years, no significant new
power generation facilities have been built in California.  During the same
period, peak demand has risen more than 10,000 megawatts.  This combination
has caused the state's reserve margin to fall to less than 2 percent, which
necessarily results in higher prices and abnormal volatility."
    Under current procedures, it takes in excess of four years to deliver new
power generation in California.  To add substantial incremental generating
capacity to California, DENA proposed Governor Davis use his existing
authority under the California Emergency Services Act to streamline the
permitting process to facilitate the rapid construction of environmentally
friendly generation by 2001.  DENA also asked the governor to use his current
authority to allow California utilities to enter into bilateral contracts with
energy providers, so they could better manage their exposure to high energy
prices.
    To help solve the state's supply shortfall, DENA said it remained
committed to adding substantial generation in California.  Within two months
and upon receiving final regulatory approvals, the company will begin
construction on 1,000 megawatts at its Moss Landing facility.  The expansion
of the current 1,478-megawatt facility will be in commercial operation by
summer 2002.  And, with an expedited permitting process, DENA could deploy its
available resources to construct an additional 500 megawatts for commercial
operation in 2001 and 1,500 megawatts for 2002.
    To address the concern associated with the high energy prices experienced
this year, DENA offered to provide up to 2,000 megawatts of electricity to the
incumbent utilities at $50 per megawatt-hour for a five-year period beginning
Sept. 1, 2000.  This would mitigate the exposure to price spikes, for a
reasonable time period during which additional generation resources can be
built.
    "DENA is committed to help bring electricity price stability for the
citizens of California through these proposals," Donnell said.  "We are
confident that our expertise in building and operating power generation
facilities can help resolve the supply crisis."
    Duke Energy North America (DENA), is a leading wholesale energy services
company.  DENA, and its affiliates, including Duke Energy Trading and
Marketing, provides natural gas and power supply and services, and risk
management products to wholesale energy producers and users.  DENA also
develops, owns and manages a portfolio of merchant generation facilities.
DENA is a wholly owned subsidiary of Duke Energy.
    Duke Energy (NYSE: DUK), a diversified multinational energy company,
creates value for customers and shareholders through an integrated network of
energy assets and expertise.  Duke Energy manages a dynamic portfolio of
natural gas and electric supply, delivery and trading businesses -- generating
revenues of nearly $22 billion in 1999.  Duke Energy, headquartered in
Charlotte, N.C., is a Fortune 100 company traded on the New York Stock
Exchange under the symbol DUK.  More information about the company is
available on the Internet at:  http://www.duke-energy.com .

SOURCE  Duke Energy Corporation

Web site:  http://www.duke-energy.com

Company News On-Call:  http://www.prnewswire.com/comp/257451.html
or fax, 800-758-5804, ext. 257451

CONTACT: Tom Williams, California, 805-595-4270, or pager,
877-364-5170, or Bryant Kinney, 704-382-2208, both of Duke Energy
Corporation

EDITOR'S ADVISORY: Duke Energy North America will hold an
audioconference today at 1 p.m. Pacific time.  Jim Donnell,
president and chief executive officer, will discuss DENA's
position and proposed solutions for California's power supply
crisis.  Media representatives should dial 800/289-0437 and
provide access code 744661 to participate in the call.  The call
will be replayed later this afternoon.  Dial 888/203-1112 for the
replay and use the same access code above.


thanks


---------------------- Forwarded by Sara Shackleton/HOU/ECT on 01/31/2000
01:22 PM ---------------------------

	From:  Rod Nelson                           01/31/2000 01:16 PM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject:

After  3:00 is fine.  Just call me when you have time and if I'm not tied up,
we'll meet then.  I have a small legal item for you as well.


I spoke to Stephanie and anytime between 9-11 am or after 3:30 pm would be
fine for us.  Just let us know.

	Esmeralda Gonzalez/ENRON@enronXgate
	03/23/2001 04:36 PM

		 To: Stephanie Panus/NA/Enron@Enron, Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Meeting with Mary Cook

Mary Cook asked that I schedule a meeting the week of the 27th for
approximately 30 minutes to meet with you.  Please let me know what day and
time would best work for you.

Thanks.

Esmeralda Gonzalez
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3815
Houston, Texas 77002
e-mail: esmeralda.gonzalez@enron.com
Phone: 713-345-7621
Fax: 713-646-3393


Can I take a quick look at the BofA file?  Thanks. Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 11/30/2000 04:35 PM -----

	Mary Cook
	11/30/2000 02:28 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Bank of America/ERMS executed master blue file

I had pulled it for Angela re our jOshua tree deal.  Mary

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com
----- Forwarded by Mary Cook/HOU/ECT on 11/30/2000 02:28 PM -----

	Sara Shackleton
	11/30/2000 02:21 PM

		 To: Mark Taylor/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Brent
Hendry/NA/Enron@Enron, Carol St Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT,
Tana Jones/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron, Kaye Ellis/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT
		 cc:
		 Subject: Bank of America/ERMS executed master blue file

Does anyone have this file?  The master was executed on 2/28/92.  Thanks.
Sara


Tana/Kelly/Karen:

The product long descriptions below will fall under the new product type:
 US Crude WTI Fin Spd

Credit (Tom Moran) has approved copying the profiles for the new product type
from the following:

 US Crude WTI Fin Swap

Please respond no later than 10 a.m. on Wednesday, June 6.

Thank you.

 -----Original Message-----
From:  Moran, Tom
Sent: Monday, June 04, 2001 3:37 PM
To: Lees, Lisa; Sever, Stephanie
Cc: Lebrocq, Wendi
Subject: FW: Product type approval needed (US Crude WTI Fin Spd)

Let,s plan on copying the existing counterparty profiles for US Crude WTI Fin
Swap and use it for this new product.

Regards,
tm

 -----Original Message-----
From:  Walker, Chris
Sent: Monday, June 04, 2001 11:57 AM
To: Blumenthal, Jeff; Musch, Susan; Hagelmann, Bjorn; Taylor, Mark; Moran,
Tom; Swinney, John; Hunter, Larry Joe
Cc: Lees, Lisa; Sever, Stephanie; Jones, Tana; Lambert, Karen; Lombardi,
Kelly; Sweitzer, Tara; Kenne, Dawn C.; Moorer, Torrey; Cass, Robert B.;
Lozano, Melba; Meredith, Kevin; Alatorre, Carlos
Subject: Product type approval needed (US Crude WTI Fin Spd)

Please approve the following new product type in Data Manager after 11 A.M.

US Crude WTI Fin Spd

(Please note that this product type will replace the existing US Crude WTI
Cal Spd Fin Swap)

STEPS FOR APPROVAL:

click the  START button
select  PROGRAMS
select  TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
 PROCEED WITH USUAL LOGIN/PASSWORD
click the Enron Online Production Cluster "START" button
select EnronOnLine (this is the EOL Datamanager)
 PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR  "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up
TO APPROVE:  Right mouse click on "Approved"


Ladies and Gentlemen,

I would like to remind you that only postID of calcs that have TDS Flag (in
Port Calc screen) set to "1" are included in TDS position load.  We have
noticed that ST-Bammel, ST-Bridgeline, GD-Texas,... and many more desks do
not have the TDS Flag set to "1".

Please call me (x30413) or Bill Kasemervisz (x57579) if you have any
questions.

Kenny H.


Personal and Confidential
Privileged Solicitor and Client Communication

As many of you know, I met with Chris Calger yesterday in Portland.  I
will be preparing a memorandum of my conversation with Chris which I
will ask him to review for distribution.  In summary, Chris was frank
and open, and in my view, expressed genuine corporate concern with the
investigation.  I believe that my notes will indicate that Chris did not
have direct contact with PowerX in connection with any particular trade
during the period being investigated by the government.  Although, in my
view, Chris had general knowledge of Enron*s approach taken in
connection with bidding power into the pool, he did not see himself as
spearheading or orchestrating that process.  I hope to prepare my memo
today for review by Chris later in the day.

PowerX has retained the law firm of Lawson Lundell in Vancouver to
represent their interest.  The lawyer is Chris Sanderson who is a senior
member of the B.C. and Alberta Bars.  His practice focuses on regulatory
law and civil litigation, particularly in the energy industry.

I spoke to Chris Sanderson today to introduce myself and to give him a
very general background on the investigation conducted at the Calgary
office.  He reported that a similar investigation had taken place in the
PowerX office in Vancouver.  Their investigation started at the same
time as ours and ended on Thursday of last week.

Chris Sanderson did confirm that there are tapes of conversations with
Enron involving these various trades.  As a result, I suspect that these
tapes ought to contain the same dialogue that is contained on our tapes.
 I did not get into any discussion as to the information that may be
contained on the tapes and exactly what information had been seized by
the government.  I did get the impression, however, that the government
has taken possession of tapes from PowerX.

He indicated that in his preliminary view the documents themselves are
not the concern but the tapes are.  Again, I did not discuss any
particular matter with respect to the tapes only that Enron did keep
taped conversations of trades undertaken by its traders.

I think it would be worthwhile, and he agreed, if Glenn Leslie and I,
and perhaps Web, met with Chris at the appropriate time.  He is open to
entertain a dialogue between counsel subject of course to matters of
privilege and commonality of interest.

He indicated that he wants to take approximately two weeks to review the
evidence obtained by the investigators (he has not done so yet and
preferred having a firm knowledge of the information seized by the
government before talking to us) and thereafter, initiate a dialogue
with us to see what information might be worth sharing.

I will have Glenn Leslie give him a call to try to set a date when we
might meet with him.  We might want to discuss briefly during our
telephone conference on Friday our approach to meeting with Lawson
Lundell and what would be our ultimate objectives in doing so.

Yesterday, I talked to Cliff O*Brien, the counsel retained for John
Lavorato, and tried to give him a very brief overview of the issues.
Unfortunately, I was at the Portland airport when I did talk to him and
had to keep my conversation somewhat cryptic.  Cliff did meet with John
Lavorato for approximately two hours last night.  Cliff called me this
morning and would like to meet with me.  I will meet him at 4:00 today.
Cliff indicated that the matter was more complex than he had imagined
and expressed a view that in John*s opinion these were simple trades and
nothing else.  I will report to you further on this after I have had a
chance to meet with Cliff O*Brien.

If any of you have any questions, please don*t hesitate to call.  In any
event, we will be talking at our regularly scheduled conference call
Friday at 10:30 (central time).

Regards,

Dan


Davis is saying he's had discussions with us about taking a loss on our
debts??  Have we had any such conversations w/ him? ( I told the media
yesterday we hadn't been contacted by him...)
---------------------- Forwarded by Karen Denne/Corp/Enron on 03/01/2001
09:08 AM ---------------------------
From: Ann M Schmidt on 03/01/2001 08:54 AM
To: Karen Denne/Corp/Enron@ENRON
cc:

Subject: Merrill Lynch Report: Governor Davis Comes to Wall Street

Karen,

FYI.  Ann

Governor Davis Comes to Wall Street
3/1/1 9:47 (New York)

                      M E R R I L L  L Y N C H        Research Bulletin
  Fixed Income Research                               Reference Number
10906001
  United States                                       Mar/01/2001 09:47
  Leo J. Kelser                                       (1) 212 449-7803

Highlights of This Issue

Governor Gray Davis of California met with a group of sell-side and rating
agency analysts in New York yesterday.  The Governor outlined his plan for
restoring the utilities to financial viability so that they can meet their
obligations.  Below we summarize a few highlights from the meeting.

Trying to Fit Solution Within Existing Rate Structure

The Governor talked about the need to find a solution to the utilities'
problems within the context of their existing rate structures. He indicated
that the temporary 9% rate hike from January 2000 would be made permanent and
that a 10% rate reduction that went into effect in January 1998 would be
reversed in March 2002.

Status of Negotiations with PG&E

As we noted in a February 26(**th) comment, the Governor has reached an
agreement in principle with Southern California Edison (EIX: B3/CC) to address
that utility's past under-collections.  He hopes to also have an agreement
with
PG&E within the next 30 days, suggesting that progress was made in particular
in the last 2-3 days.  However, the Governor acknowledged that reaching an
agreement with PG&E was more difficult due to its larger under-collected
balance and lower rates compared with SCE.

Some Generators Agree to Haircut

The Governor indicated that a couple of unnamed generators have voluntarily
agreed to accept less than 100 cents on the dollar for their past due
receivables. When pressed about which parties they've had constructive
discussions with, he identified Williams (WMB: Baa2/BBB-), Enron (ENE:
Baa1/BBB+) and Dynegy (DYN: Baa2/BBB+).  We note that most of the generators
and marketers with exposure to California have established reserves against
possible losses.  Importantly, the Governor said that he hoped that the banks
and bondholders would not be asked to take a haircut.

Prospects for Legislation and Possibility of Ballot Initiative

The Governor said he is quite confident that he can reach an agreement with
the
utilities that the legislature can support.  Although he admitted that he
couldn't prevent someone from proposing a ballot initiative, the governor said
that in the end, the acid test with the public is how it affects their pocket
books.  Thus, if there is ultimately a ballot initiative, Governor Davis is
optimistic that the public will be supportive of his plan given the limited
impact on electric rates.

Status of Defaulted Utility Debt

As we have commented in the past, it appears unlikely that the resulting
legislation will pass with the required 2/3majority to go into effect
immediately.  Accordingly, there will be a several month lag before the
utilities receive any cash.  In response to a question, it appears that the
state will not step in to help the utilities pay off any maturing or defaulted
commercial paper.  But the Governor and his advisers hope that legislation
will
provide enough certainty so that the companies can get bridge financing.
Essentially, it appears the Governor is leaving it up to the utilities to find
the money from their banks.

Governor's Strategy to Keep the Lights On

The Governor stated that a key reason that deregulation failed in California
was that no new power plants were built in the state for over twelve years.
In
the intervening time, demand caught up with supply.  In response, he has
proposed various conservation initiatives and is trying to expedite the
construction of new power plants.  He set a goal of having 20,000 megawatts
(mws) of new supply on line by 2004.

In addition, the governor highlighted the need for additional investment in
the
transmission infrastructure.  In particular, he cited the need to expand the
capacity to import more power from Arizona as well to improve the ability to
move power from south to north within the state. He suggested that part of the
rationale for the state taking over the utilities' transmission grids was to
ensure that the additional investment takes place.  He also suggested that the
state would lease the transmission lines back to the utilities to allow them
to
continue to operate them.

In the meantime, the focus is to move away from California's over-reliance on
the spot market.  In that vein, Calpine (CPN: Ba1/BB+) yesterday announced the
signing of two long-term contracts with the state's Department of Water
Resources (DWR).  One of those contracts was to sell up to 1,000 mws over a
ten-
year term.  The other was to provide up to 495 mw of peaking capacity under a
20-year contract.  Earlier in February, CPN had reached agreement with the DWR
on a separate 10-year contract for an additional 1,000 mws.

(EIX, WMB)  MLPF&S was a manager of the most recent public offering of
securities of this company within the last three years.
Copyright 2001 Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S).
All rights reserved. Any unauthorized use or disclosure is prohibited. This
report has been prepared and issued by MLPF&S and/or one of its affiliates and
has been approved for publication in the United Kingdom by Merrill Lynch,
Pierce, Fenner & Smith Limited, which is regulated by SFA; has been considered
and distributed in Australia by Merrill Lynch Equities (Australia) Limited
(ACN
006 276 795), a licensed securities dealer under the Australian Corporations
Law; is distributed in Hong Kong by Merrill Lynch (Asia Pacific) Ltd, which is
regulated by the Hong Kong SFC; and is distributed in Singapore by Merrill
Lynch International Bank Ltd (Merchant Bank) and Merrill Lynch (Singapore) Pte
Ltd, which are regulated by the Monetary Authority of Singapore.  The
information herein was obtained from various sources; we do not guarantee its
accuracy or completeness. Additional information available.
Neither the information nor any opinion expressed constitutes an offer, or an
invitation to make an offer, to buy or sell any securities or any options,
futures or other derivatives related to such securities ("related
investments").  MLPF&S and its affiliates may trade for their own accounts as
odd-lot dealer, market maker, block positioner, specialist and/or arbitrageur
in any securities of this issuer(s) or in related investments, and may be on
the opposite side of public orders.  MLPF&S, its affiliates, directors,
officers, employees and employee benefit programs may have a long or short
position in any securities of this issuer(s) or in related investments. MLPF&S
or its affiliates may from time to time perform investment banking or other
services for, or solicit investment banking or other business from, any entity
mentioned in this report.
This research report is prepared for general circulation and is circulated for
general information only.  It does not have regard to the specific investment
objectives, financial situation and the particular needs of any specific
person
who may receive this report.  Investors should seek financial advice regarding
the appropriateness of investing in any securities or investment strategies
discussed or recommended in this report and should understand that statements
regarding future prospects may not be realized.  Investors should note that
income from such securities, if any, may fluctuate and that each security's
price or value may rise or fall. Accordingly, investors may receive back less
than originally invested.  Past performance is not necessarily a guide to
future performance.
The bonds of the company are traded over-the-counter.  Retail sales and/or
distribution of this report may be made only in states where these securities
are exempt from registration or have been qualified for sale. MLPF&S usually
makes a market in the bonds of this company.
Foreign currency rates of exchange may adversely affect the value, price or
income of any security or related investment mentioned in this report.  In
addition, investors in securities such as ADRs, whose values are influenced by
the currency of the underlying security, effectively assume currency risk.
 Provider ID: 10906001
-0- Mar/01/2001 14:47 GM


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  INTERCHG_ID: CISO_EPMI_EPE
  ENGY_TYPE: NFRM


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 09/12/2000
11:22 AM ---------------------------

Michael Etringer

09/11/2000 02:32 PM

To: Phillip K Allen/HOU/ECT@ECT
cc:
Subject: Contact list for mid market

Phillip,
Attached is the list.  Have your people fill in the columns highlighted in
yellow.  As best can we will try not to overlap on accounts.

Thanks, Mike


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