This is part of the info Select agreed to send.  Ed Sacks has seen it.
Regards,
Janice

EB3861
Assistant General Counsel, Enron North America Corp.
713-853-1794 (Fax:  713-646-4842)
----- Forwarded by Janice R Moore/HOU/ECT on 05/04/2001 09:36 AM -----

	morisjr@selectenergy.com
	05/03/2001 10:53 AM

		 To: Edward.Sacks@enron.com, Janice.R.Moore@enron.com
		 cc: lemelpe@NU.COM, moonevw@selectenergy.com
		 Subject: NU Organization

Ed,  Attached is the org chart.  It isn't pretty, but I think it will work.
John

---------------------- Forwarded by John R. Morissette/NUS on 05/03/2001
11:52 AM ---------------------------

Lois P. Chiovoloni
05/03/2001 11:38 AM
703-2306
RISK ASSESS

To:   John R. Morissette/NUS@NU
cc:
Subject:  NU Organization

Parent/Subsidiary Relationship                State of Incorporation

Northeast Utilities MA (Business Trust)
     Charter Oak Energy, Inc.                      CT
          COE Argentina II Corp.                   CT
          COE Ave Fenix Corporation                CT
          COE Development Corporation              CT
     The Connecticut Light and Power Company            CT
          CL&P Receivables Corporation             CT
     Holyoke Water Power Company              MA
          Holyoke Power and Electric Company       MA
     North Atlantic Energy Corporation             NH
     North Atlantic Energy Service Corporation          NH
     Northeast Nuclear Energy Company              CT
     Northeast Utilities Service Company                CT
     NU Enterprises, Inc.                          CT
          HEC Inc.                            MA
               HEC Energy Consulting Canada Inc.        CANADA
               HEC/Tobyhanna Energy Project, Inc.            MA
               Reeds Ferry Supply Co., Inc.             NH
               Select Energy Contracting, Inc.               MA
          Mode 1 Communications, Inc.              CT
          Northeast Generation Company             CT
          Northeast Generation Services Company         CT
               E. S. Boulos Company                     CT
               NGS Mechanical, Inc.                     CT
          Select Energy, Inc.                           CT
          Select Energy Portland Pipeline, Inc.         CT
     Public Service Company of New Hampshire            NH
          Properties, Inc.                         NH
     The Quinnehtuk Company                   MA
     The Rocky River Realty Company                CT
     Western Massachusetts Electric Company        MA
     Yankee Energy System, Inc.                    CT
          NorConn Properties, Inc.                           CT
          R. M. Services, Inc.                               CT
          Yankee Energy Financial Services Company      CT
          Yankee Energy Services Company           CT
          Yankee Gas Services Company              CT

INACTIVE SUBSIDIARIES                              STATE OF INCORPORATION
                                              AND PARENT COMPANY

The Connecticut Steam Company                           CT          CL&P
Electric Power Incorporated                                  CT          CL&P
The Nutmeg Power Company                                     CT          CL&P
Housatonic Corporation                                  CT          YES
Yankee Energy Marketing Company                              CT          YES

Home | Corporate Services | Your Job | Enterprise Planning | NU A-Z | Weather
| Maps | Phone | Contact Us
,Northeast Utilities Service Company 1996-2001 Northeast Utilities. All
Rights Reserved.
Pagemaster: Kay Comendul, comenok@nu.com

Page last modified: 1-25-2001


----- Forwarded by Jeff Dasovich/NA/Enron on 12/21/2000 11:14 AM -----

	JMB <JBennett@GMSSR.com>
	12/21/2000 10:34 AM

		 To: "'jdasovic@enron.com'" <jdasovic@enron.com>
		 cc:
		 Subject: FW: A.00-11-038, SCE's Amended Rate Stabilization Plan Applicatio n

-----Original Message-----
From: Anthony.Archer@sce.com [mailto:Anthony.Archer@sce.com]
Sent: Wednesday, December 20, 2000 8:06 PM
To: kmccrea@sablaw.com; michael-briggs@reliantenergy.com;
defrawis@efaches.navfac.navy.mil; rcsstl@cdmnet.com;
mbrubaker@consultbai.com; alex.goldberg@williams.com;
barbara_klemstine@apsc.com; jlyoung@sempra.com; napedersen@jonesday.com;
athomas@newenergy.com; lgurick@calpx.com; douglass@arterhadden.com;
reedba@sce.com; kmelville@sempra.com; jbarthrop@powersavers.com;
btenney@landuselaw.com; gackerman@wptf.org;
furutanj@efawest.navfac.navy.mil; mdjoseph@adamsbroadwell.com;
bfinkelstein@turn.org; jjz@cpuc.ca.gov; imoosen@gralegal.com;
glsg@pge.com; phanschen@mofo.com; scarter@nrdc.org; epoole@adplaw.com;
chilen@llgm.com; jbennett@gmssr.com; jkarp@whitecase.com; lys@aelaw.com;
rick.counihan@greenmountain.com; kfyip@seiworldwide.com;
wbooth@booth-law.com; brbarkovich@earthlink.net; berry@apx.com;
scottst@mid.org; jeff@jbsenergy.com; blaising@braunlegal.com;
jsole@caiso.com; jweil@aglet.org; abb@eslawfirm.com; abb@eslawfirm.com;
pstohr@dbsr.com; jtachera@energy.state.ca.us; kmills@cfbf.com;
mpa@aelaw.com; dws@keywaycorp.com; jazayeria@sec.com;
LVanWagenen@sempra.com; jskillman@prodigy.net; risom@ix.netcom.com;
fosterbc@sce.com; rschmidt@bartlewells.com; luluw@newsdata.com;
ell5@pge.com; rbw@mrwassoc.com; rmccann@cal.net; karen@klindh.com;
huse@eesconsulting.com; mer@cpuc.ca.gov; nhc@cpuc.ca.gov;
dlf@cpuc.ca.gov; jeh@cpuc.ca.gov; jmh@cpuc.ca.gov; msw@cpuc.ca.gov;
meb@cpuc.ca.gov; sfc@cpuc.ca.gov; dhungerf@energy.state.ca.us;
mjaske@energy.state.ca.us; jbushee@sablaw.com; kmccrea@sablaw.com;
rogerberliner@bcjlaw.com; rcsstl@cdmnet.com; anchau@shellus.com;
keith-sappenfield@reliantenergy.com; napedersen@jonesday.com;
athomas@newenergy.com; fchristi@arterhadden.com; hchoy@isd.co.la.ca.us;
lisa_g_urick@calpx.com; douglass@arterhadden.com; randy_britt@mayco.com;
cohnap@sce.com; costac@sce.com; lehrerjm@sce.com; glwaas@calpx.com;
uwua@worker.com; dbb@sdcity.sannet.gov; jleslie@luce.com;
mshames@ucan.org; kmelville@sempra.com; btenney@landuselaw.com;
ronknecht@aol.com; furutanj@efawest.navfac.navy.mil;
mdjoseph@adamsbroadwell.com; bfinkelstein@turn.org;
theresa_mueller@ci.sf.ca.us; jjz@cpuc.ca.gov; chrisw@greenlining.org;
chrisw@greenlining.org; jnnc@chevron.com; jlondon@gralegal.com;
phanschen@mofo.com; epoole@adplaw.com; rschmidt@bartlewells.com;
chilen@llgm.com; eke@aelaw.com; jsqueri@gmssr.com; jbennett@gmssr.com;
bloomje@la.whitecase.com; pbray@newpower.com;
rick.counihan@greenmountain.com; edwardoneill@dwt.com; smoss@hooked.net;
whe1@pge.com; ssmyers@worldnet.att.net; pat.williams@dhcmail.com;
wbooth@booth-law.com; mgomez1@bart.gov; askaff@energy-law-group.com;
pjpowerlaw@aol.com; rrcollins@n-h-i.org; patrickm@crossborderenergy.com;
tomb@crossborderenergy.com; brbarkovich@earthlink.net;
pjmuller@ricochet.net; pmcdonne@wenet.net; berry@apx.com;
chrism@mid.org; jeff@jbsenergy.com; cmkehrein@ems-ca.com;
jweil@aglet.org; abb@eslawfirm.com; dcarroll@dbsr.com;
dkk@eslawfirm.com; smutny@iepa.com; jtachera@energy.state.ca.us;
kmills@cfbf.com; aorchard@smud.org; mpa@aelaw.com; mhg@hetrading.com;
dws@keywaycorp.com; cread@steptoe.com; jogg@jhenergy.com;
peter_fox-penner@brattle.com; sdefrawi@efaches.navfac.navy.mil;
ad046@detroit.freenet.org; mbrubaker@consultbai.com;
georgeperrault@msn.com; foxba@sce.com; lawcase@sce.com;
picketse@sce.com; jsilva@edisonenterprises.com; LVanWagenen@sempra.com;
jbarthrop@powersavers.com; foothill@lmi.net;
furutanj@efawest.navfac.navy.mil; kpoole@adamsbroadwell.com;
fosterbc@sce.com; ktilton@gralegal.com; oshirock@pacbell.net;
natutt@duanemorris.com; j3m9@pge.com; derkp@newsdata.com;
luluw@newsdata.com; RJP2@pge.com; ell5@pge.com; jyf1@pge.com;
mrh2@pge.com; NXK2@pge.com; rrh3@pge.com;
ConsumersFirst@worldnet.att.net; gtbl@dynegy.com; joe.paul@dynegy.com;
honest@compuserve.com; emitchel@angnewspapers.com; rbw@mrwassoc.com;
difellman@energy-law-group.com; dmarcus@slip.net; jeff@hmhresources.com;
ed@apx.com; scottst@mid.org; rmccann@cal.net; blaising@braunlegal.com;
melanie_gillette@rmiinc.com; twetzel@thermoecotek.com;
Slayman@energy.state.ca.us; jdh@eslawfirm.com; lmh@eslawfirm.com;
ddavie@hesinet.com; rliebert@cfbf.com; karen@klindh.com;
cpeyton@sacbee.com; thaines@smud.org; huse@eesconsulting.com;
mer@cpuc.ca.gov; ang@cpuc.ca.gov; ctd@cpuc.ca.gov; dlf@cpuc.ca.gov;
fua@cpuc.ca.gov; jlo@cpuc.ca.gov; kok@cpuc.ca.gov; kth@cpuc.ca.gov;
kim@cpuc.ca.gov; gig@cpuc.ca.gov; rtf@cpuc.ca.gov; raw@cpuc.ca.gov;
car@cpuc.ca.gov; ztc@cpuc.ca.gov; dwrlegal1@water.ca.gov;
ath@cpuc.ca.gov; LKristov@energy.state.ca.us; randy.chinn@senate.ca.gov;
rtavares@energy.state.ca.us
Cc: J.P.Shotwell@sce.com; Anthony.Archer@sce.com
Subject: A.00-11-038, SCE's Amended Rate Stabilization Plan Application

Attached is Southern California Edison Company's (U 338-E) Amended Rate
Stabilization Plan Application in the above-referenced proceeding, along
with a revised Exhibit SCE-1, the Rate Stabilization Plan testimony.  An
electronic copy of revised Exhibit SCE-2, the End of Rate Freeze Tariffs,
is not available and is being served via US mail.  Versions of the amended
application and Exhibit SCE-1 showing revision marks are also available
upon request.

SCE attempted to file this amended application with the Commission today,
but the docket office would not accept it for filing because it was nearly
closing time.  SCE is serving the documents today as provided in the
Certificate of Service and will file it with the Commission when the
Commission's Los Angeles office opens at 8:00 a.m. tomorrow morning.

          (See attached file: Application.PDF)   (See attached file:
Testimony.PDF)

These files are Adobe PDF files, which can be read with the Adobe Acrobat
Reader.  If you do not have the Adobe Acrobat Reader, it can be obtained
from the following website at no charge:
http://www.adobe.com/prodindex/acrobat/readstep.html#reader.

Sincerely,

Anthony V. Archer
(626) 302-3104


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 04/26/2000
08:40 AM ---------------------------

TIM HEIZENRADER
04/25/2000 11:43 AM
To: Jim Fallon/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT
Subject: Western Strategy Session Materials

Today's charts are attached:


I will leave steve's situation for him to describe.  Needless to say as far
as I am concerned he wasn't leaving with anybody but me.

I ran into your dad at the post office last night.  He was standing next to
the mail slot crying.  It would be nice to live in Denver, just have to find
a good job so that I can afford housing.
PL


I'd prefer to skip.  How big of a problem would that be?

From: Susan M Landwehr on 05/14/2001 03:09 PM
To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron
cc: Maureen McVicker/NA/Enron@Enron, Ginger Dernehl/NA/Enron@Enron, Paul
Kaufman/PDX/ECT@ECT

Subject: Gov Geringer meeting

Steve/RIck ---as you may be aware, Governor Geringer personally asked Ken Lay
to come to the kick off meeting of the Wyoming Energy Task Force, a group
that was created by legislative mandate last month.  The meeting is on May
30th in Cheyenne.  Mr. Lay told the Governor that he would not be able to
make it on that date, but promised that a senior Enron exectutive would be
there.  I spoke with Governor Geringer's staff person again this past week
and was hoping that Paul Kaufman could be the senior executive, but no such
luck (unless you give Paul a huge new title!).

In talking with Maureen I understand that you have a previous conflict Steve,
but I am hoping that you can review your calendar to see if you could make an
adjustment in order to meet the request of the Governor.  Your speech would
be in the morning--I've been told about 9 o clock or so---which would allow
for you to leave by noonish.

I


Tanya,

You and I will interview Yumi, a candidate for Darren DeLage in Tokyo office.

The time is scheduled at 4:50pm next Tuesday in my office.  I will get the
resume
before the interview.  Please mark the interview time on your schedule.
Thanks.

Zimin

---------------------- Forwarded by Zimin Lu/HOU/ECT on 01/12/2001 09:00 AM
---------------------------
From: Darren Delage@ENRON on 01/12/2001 11:59 AM ZE9
To: "mm21yumi" <mm21yumi@livedoor.com>
cc: Zimin Lu/HOU/ECT@ECT
Subject: Re: Next Tuesday

Good afternoon Imokawa-San,

We would like to invite you to have a brief dialogue with some members of our
research team. They would like to ask you to briefly expound on  your
mathematical studies. If you could please contact them  next Wednesday at
7:50 AM (it should be 4:50 PM Houston time, Tuesday). The conversation should
take no more than 20 minutes of your time, and will enable us to get a more
enhanced understanding of your quantitative abilities.

Zimin Lu, Director of Research , can be reached at  713-853-6388
to dial from Japan , 0061-1-713-853-6388
If you could please send Zimin a copy of your resume before the interview,
that would be much appreciated. You can call the above number to obtain the
appropriate fax number.

I will be in touch with you shortly thereafter.

Sincerely,
Darren

	"mm21yumi" <mm21yumi@livedoor.com>
	01/11/2001 08:35 PM

		 To: <Darren.Delage@enron.com>
		 cc:
		 Subject: Thank you

Darren, thank you for cordinating everything.
I understand it takes time, this is
only the first week of the year in Japan, and I do not like to
push you much.  Normally, I have long meetings every Thursday.
For other dates, I make best effort to fit the schedule for
your convenience, including early morning or late evening.
I am looking forward to seeing you sometime soon.

Sincerely,

Yumi Imokawa


---------------------- Forwarded by Eric Bass/HOU/ECT on 09/21/2000 02:49 PM
---------------------------

"Larry W. Bass" <lwbthemarine@bigplanet.com> on 09/21/2000 02:10:55 PM
To: eric preston bass <Eric.Bass@enron.com>, jason <jason.bass2@compaq.com>
cc:
Subject: Fw: Big 12 overview

----- Original Message -----
From: "Jack Rains" <jmrtexas@swbell.net>
To: <jmrtexas@swbell.net>
Sent: Thursday, September 21, 2000 12:20 PM
Subject: Big 12 overview

> After extensive  research Cousin Jane. came up with these findings. I'm
> really worried about some of the folks she is hanging out with these days.
I
> can not however question her academic conclusions.
>
> JR
>
>  >     (1) What does the average Kansas State player get on his SAT's?
>  >      -----Drool.
>  >
>  >     (2) What do you get when you put 32 Arkansas cheerleaders in one
> room?
>  >      -----A full set of teeth.
>  >
>  >     (3) How do you get a Iowa cheerleader into your dorm room?
>  >       -----Grease her hips and push like hell.
>  >
>  >     (4) How do you get a LSU graduate off your porch?
>  >      -----Pay him for the pizza.
>  >
>  >     (5) Why do the Texas A & M cheerleaders wear bibs?
>  >     -----To keep the tobacco juice off their white uniforms.
>  >
>  >     (6) Why do they no longer serve ice at Nebraska football games?
>  >      ----- The senior who knew the recipe graduated.
>  >
>  >     (7) Why is the Colorado football team like a possum?
>  >     -----Because they play dead at home, and get killed on the road.
>  >
>  >     (8) What are the longest three years of a Texas Tech football
> player's
>  >     life?
>  >     ----His freshman year.
>  >
>  >     (9) How many Oklahoma State freshmen does it take to change a light
>  >     bulb?
> * -----None.....That's a sophomore course at OSU.
>  >
>  >     (10) Where was O.J. headed in the white Bronco?
>  >     -----Waco, TX ......He knew that the police would never look there
> for a Heisman Trophy winner.
>  >
>  >     (11) Why did the University of Texas choose orange as their team
> color?
>  >      ---You can wear it to the game on Saturday, hunt in it on Sunday,
> and go to work in it, picking up trash, the rest of the week.
>
> Please note that Rice, Kansas , and a slew of other Southern and  Yankee
> schools as well as those 'day care centers' from the 6 Pac...or is it  Pac
> 10 , anyway those from the land of fruits and nuts...... are not
> mentioned.....their schools and teams are the  joke . Besides it is bad
form
> to poke fun at the less fortunate.
>
> Gig'em,
>
> JR
>
>


did I tell you about our trip to Mexico a month ago.... we did some cenote
dives(cave dives).... it was awesome!!!!!


Ted Murphy, Tom Bauer, Jim Brown and I met yesterday to schedule the next
series of operations/controls reviews of Enron offices or certain companies
in which Enron holds an ownership interest.   Attached is a copy of that
schedule.  Please contact Ted or me if you have any questions.  You will note
that the full make-up of the teams is being worked on currently.  We have
identified the lead on each review, however, from RAC, Operations and AA.


Please note that enovate's general managers have informed Trading Risk
Management that the enovate DPR will reflect a short "net open position"
that will exceed the enovate Board's approved 10 BCF.  This situation will
arise due to the efforts of the trading group to unwind enovate's positions
by moving inventory of approximately 14 BCF out of the NGPL NSS account to
PGL.  This action will leave the "short" hedged positions held against these
NSS volumes in the EMW trading book without the physical offset, creating a
short net open position on the enovate DPR.  ENA has agreed to terminate the
"short" hedges under the "rights of termination" provided them under their
forward contracts. It has been agreed that the termination of these short
forward contracts will occur at the same time that title to the NSS
inventory is transferred. When that termination is completed, the short "net
open position" on the DPR will drop to near zero.  Since this is a temporary
situation which is being managed for the specific purpose of unwinding the
enovate positions, the enovate Board  is approving an exception to the 10
BCF limit only for this transaction to be consummated."

----------------------------------------------------------------
The information transmitted is intended only for the person
or entity to which it is addressed and may contain confidential
and/or privileged material.  Any review, retransmission,
dissemination or other use of, or taking of any action in reliance
upon, this information by persons or entities other than the
intended recipient is prohibited. If you received this in error,
please contact the sender and delete the material from any computer.


Melanie Gray
713-546-5045


Louise - This is what I captured from our conversation and plan to send to the BoD unless I hear differently from you by tomorrow mid-morning.  THX a lot.  Paula

North American gas prices have increased recently, and power prices have followed.  The American Gas Association released storage numbers recently that appear low to our team.  Although these developments may create a difficult near-term environment, Enron Americas does not view the current strength in commodity prices to be sustainable.
?	Enron Americas closed on the sale of an 80% interest in a 240 MW power plant in Monterrey, Mexico, to Tractabel for approximately $40 million in cash and the assumption of all the related forward obligations by the buyer.


Our promotions are listed below.  We will notify these in the next couple of
days.  Call with questions.
---------------------- Forwarded by Steve W Young/LON/ECT on 11/01/2000 20:34
---------------------------

Amy FitzPatrick
11/01/2000 14:57
To: Steve W Young/LON/ECT@ECT
cc:

Subject: Promotions

Below is a listing of all of your employees which have been approved for
promotion.  Please be sure to communication with all those listed below by
Monday as there will be a company-wide announcement going out.

Claire Viejou   to Senior Professional
Ben Parsons  to  Junior Professional
Steven Leppard to Manager

If you have any questions, please let me know.

Thanks!
Amy


I think I have 35,000 continental miles also.  I think that it is only 20,000
for a free flight.  You decide.
PL


On Monday it will be time to check your pulse...


Broker is correct. Chris entered the wrong price. I'll change it to 370 when
Risk is done calcing.

Kate

Kerri Thompson@ENRON
12/21/2000 01:35 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb

483948

broker has 370.00


Thank you.

Robin


Mark

I need your help clarifying a few points. My thoughts are as follows:

ISDA
1 ISDAs should not number more than say 3 in the next year. There just are
not that many big players down here and the product is still very new to the
market.
2 If yall believe Andrea needs more training I think this is great, but I
have to get through 4th quarter 1st. Jan Feb is slow here and she can come up
then.
Probably not a bad idea to commercially cross train Fabian Valle as well to
set up a back up.
3 It does not make sense to fly people all around the world to negotiate
ISDAs until there is a market that will support that volume of business.
4 I would propose that Andrea handle the local customer legal relationship
and closely coordinate with your Houston team to introduce, discuss and
finally if applicable negotiate these limited first documents if any.
5 It could be understood that a Houston attorney would be present in all
discussions via conference call
6 Andrea as she is ramping up in her training would act as the local point of
contact and communicator without conflicting with US law interpretation

 Physical Swap Agreement
1 I am under the impression we had agreed to work with the physical swap
agreement, short form, ominbus agreement you provided the other day.
2 This would be for stand alone 1yr or less transactions that arise as we go
forward.
3 This is a good bridge to get people to start doing simple structures to
understand the need to go to the next level of documentation
4 We have two transactional needs
 The random swap that is being discussed and needs a document to demonstrate
the actual commercial agreement. Maybe 5 per year.
 If we get the EOL financial product sorted out with regards to local or NA
as the vehicle then for short term simple swaps
5 Either we are looking for a bridge to get us to the next level and ensure
that the documentation process is not hindering market growth

Let me know if we can work with your group under this understanding to
facilitate the first deals in this market. We should constantly review the
markets growth and adjust our documentation  as it is needed as we go forward
both in terms of EOL and the financial document.

Regards

MFG

Andrea Calo
10/24/2000 07:04 PM
To: Michael Guerriero/SA/Enron@Enron
cc:

Subject: ISDA - follow up

Mike,

FYI. I spoke with Brent this morning to let him know that you had asked me to
accompany the commercial team in the preliminary discussions of how the ISDA
form works, as well as to request reading material on the subject.  He
explained that he and Mark were both of the opinion that since the ISDA form
is a document designed to work under US law, they were not comfortable with
me explaining the document to counterparties without further training on the
document itself, and gaining experience on Enron,s policy as it relates to
certain modifications to the document.  He suggested I should spend at least
two weeks in Houston to train with the group and the document in order to be
minimally prepared to instruct counterparties on how the document works.  As
far as the "omnibus" form is concerned, and contrary to what we thought,
Mark's intent during our last visit was apparently to approve use of a
document of the sort only for execution by a special purpose Argentine
derivative company and not by ENA, which would continue to execute ISDA
forms.  If the idea is to have a short form cross-border master agreement
between ENA and Argentine counterparties then ENA legal would have to draft a
document which would take some time to create.  Lets discuss when you get a
chance. Thanks.

Andrea


Congrats!  Great job. And my team certainly appreciates all the great help on the teaser. We have several CAs signed up with a few outstanding issues on a few more so being able to distribute on Monday will be helpful.  Mark
--------------------------
Mark Metts

-----Original Message-----
From: Umanoff, Adam <Adam.Umanoff@ENRON.com>
To: Horton, Stanley <Stanley.Horton@ENRON.com>
CC: Metts, Mark <mark.metts@enron.com>
Sent: Sun Dec 30 11:05:13 2001
Subject: Indian Mesa/Aura

The Indian Mesa sale closed last night in NY.  Our team did a great job.  All we have to do now is convince Enron's creditor's committee to let us use the net proceeds through a sale of the wind company!

Regarding the sale, we are wrapping up today the revised '01 numbers and the '02 and '03 projections and expect we will have the teaser done for a Monday distribution as planned.  Happy New Year.  Adam


Due to a room schedule conflict-- We're back to our original location at 3pm in 42c1 today.

thanks
kh


Mike - Her mother is Bambi Heckerman, a long time Enron employee from the
Omaha area. Bambi is currently second in command in Northern Border's Rate
Dept. She also has a daughter with spina bifida so she has had to be a very
strong person.

   Bill

Mike McConnell@ECT
07/23/2000 08:34 AM
To: Bill Cordes/ET&S/Enron@ENRON
cc:

Subject: Re: Megan Heckerman's Letter on Juvenile Diabetes

Bill,

Thanks for sharing this letter.  I am always moved when I read things like
this and unfortunately I see a lot of them. Who is her mom, someone that
works for us in Omaha?  Would you please let me know via email.

Thanks for supporting her in her cause and efforts.

Mike

	Enron North America Corp.

	From:  Bill Cordes @ ENRON                           07/20/2000 10:58 AM

To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: Megan Heckerman's Letter on Juvenile Diabetes

Mike I thought you might be interested in seeing this letter. I bet we will
have the biggest turnout ever from Enron in Omaha.

   Bill
---------------------- Forwarded by Bill Cordes/ET&S/Enron on 07/20/2000
10:52 AM ---------------------------

	From:  Martha Sumner-Kenney                           07/20/2000 09:24 AM

To: NPNG Omaha Office, NPNG Field, ET&S Omaha EDS, ET&S Omaha Office
cc:

Subject: Megan Heckerman's Letter on Juvenile Diabetes

Megan Heckerman (Bambi's daughter) who was diagnosed with Juvenile Diabetes
has agreed to be this year's honorary Enron Team Captain for the Juvenile
Diabetes Foundation walk (see Megan's letter below).  She is anxious for this
walk to be successful and has asked if she could help kick-off the campaign
by selling "Casual Shorts Week" buttons and signing up walkers and pledges.
Please stop Megan's table in the lobby and say "hi" tomorrow (Friday, July
21) from 11:30 a.m. until 1:00 p.m.

Casual Shorts Week buttons cost $5 and will allow the purchaser to wear
shorts the entire week prior to the walk (August 7-11) - won't that be nice
considering how HOT August usually is!

Hi,
My name is Megan Heckerman. I am 11 years old.  On August 3, 1999, I was
diagnosed with Type 1 Juvenile Diabetes.  For several weeks before that day,
I slowly became sicker every day and finally got really scared because I didn,
t know what was wrong with me and my Mom was scared too.  I was thirsty, went
to the bathroom a lot, started not feeling well and then finally I lost a ton
of weight real fast. When I went to the Doctor my blood sugar was nearly five
times normal.

Since August 3rd, my life has changed a lot.  I was told when to eat, what to
eat, what NOT to eat and how much to eat. Which is pretty tough to do
especially at Halloween, Thanksgiving, Christmas, Valentines Day and Easter.
Mom paid me for my Halloween candy and took it to work, so that was a good
deal.  I was told that my genes contained a code for killing the insulin
making cells in my pancreas and that all that code needed was probably a
virus that I had had last spring to turn it on. My insulin making cells are
gone forever but they tell me that someday they hope there will be a cure.

Since I was diagnosed, every day I test my blood at least four times for
sugar and take insulin shots three times a day. I have given myself nearly
1,000 shots and have poked my fingertips for blood nearly 1,400 times and it
hasn,t been even a year!  I would love to be normal again and there are a lot
of other people that have diabetes that I,m sure you know feel the same way.

So, I am writing to tell you about a project I am working on this year called
&Walk to Cure Diabetes8. The Walk for Diabetes helps to raise money to find a
cure for juvenile diabetes. On August 12, 2000 in Elmwood Park, I will be
walking with my team from Enron called Megan's Marchers.  I hope that you
will join my team or sponsor someone on the team.  I am hoping we can raise
over $3,000.00 and have at least 20 walkers participate. Please consider
signing up to walk, or if you can,t then please sponsor the Enron team.

Thank you,

Megan Heckerman


Attached please find the latest Salmon Energy Turbine Agreement (second
document below), as well as a blackline (first document below) showing
changes made to the version circulated on April 2.  This version
contains Lee's changes to Exhibits A, A-1, B and B-1.  No changes were
made to the Maximum Liability Amount, Purchase Amount or Unit Liability
Amount. Power System Stabilizers are included in the scope.  To complete
the agreement, we will need to insert the date of execution and Exhibit
H-2.
 <<Comparison of Salmon Energy Agreement, Versions 3 to 4.DOC>>
<<Salmon Energy Agreement - Version 4.DOC>>
 - Comparison of Salmon Energy Agreement, Versions 3 to 4.DOC
 - Salmon Energy Agreement - Version 4.DOC


Patrick and Rebecca:

Attached are the Deemed ISDAs for the referenced counterparties.  Let me know if you have any questions or need anything else.

Marie


Starting Lineups for the league will include

1 QB
2 RB
3 WR
1 TE
1 K
1 Def

for hector, lenny and brian

1 Quarterback (he throws the ball)
2 Running Backs (they run the ball)
3 Wide Receivers (they catch ball)
1 Tight End (they catch and block)
1 Kicker
1 Defensive team


If you have any questions, please contact Kristin Walsh at (713) 853-9510.

Bridge Loan Financing Bills May Not Meet Their May 8th Deadline Due to Lack of Support
Sources report there will not be a vote regarding the authorization for the bond issuance/bridge loan by the May 8th deadline.   Any possibility for a deal has reportedly fallen apart.  According to sources, both the Republicans and Democratic caucuses are turning against Davis.  The Democratic caucus is reportedly "unwilling to fight" for Davis.  Many legislative Republicans and Democrats reportedly do not trust Davis and express concern that, once the bonds are issued to replenish the General Fund, Davis would "double dip" into the fund.  Clearly there is a lack of good faith between the legislature and the governor.  However, it is believed once Davis discloses the details of the power contracts negotiated, a bond issuance will take place.  Additionally, some generator sources have reported that some of the long-term power contracts (as opposed to those still in development) require that the bond issuance happen by July 1, 2001.  If not, the state may be in breach of contract.  Sources state that if the legislature does not pass the bridge loan legislation by May 8th, having a bond issuance by July 1st will be very difficult.

The Republicans were planning to offer an alternative plan whereby the state would "eat" the $5 billion cost of power spent to date out of the General Fund, thereby decreasing the amount of the bond issuance to approximately $8 billion.  However, the reportedly now are not  going to offer even this concession.  Sources report that the Republicans intend to hold out for full disclosure of the governor's plan for handling the crisis, including the details and terms of all long-term contracts he has negotiated, before they will support the bond issuance to go forward.

Currently there are two bills dealing  with the bridge  loan; AB 8X and AB 31X.  AB 8X authorizes the DWR to sell up to $10 billion in bonds.  This bill passed the Senate in March, but has stalled in the Assembly due to a lack of Republican support.  AB 31X deals with energy conservation programs for community college districts.  However, sources report this bill may be amended to include language relevant to the bond sale by Senator Bowen, currently in AB 8X.  Senator  Bowen's language states that the state should get paid before the utilities from rate payments (which, if passed, would be likely to cause a SoCal  bankruptcy).

According to sources close to the Republicans in  the legislature, Republicans do not believe there should be a bridge loan due to money available in the General Fund.  For instance, Tony  Strickland has stated that only 1/2 of the bonds (or approximately $5 billion)  should be issued.  Other Republicans reportedly do not support issuing any  bonds.  The Republicans intend to bring this up in debate on  Monday.  Additionally, Lehman Brothers reportedly also feels that a  bridge loan is unnecessary and there are some indications that Lehman may  back out of the bridge loan.

Key Points of the Bridge Financing
Initial Loan Amount:	$4.125 B
Lenders:		JP Morgan		$2.5 B
			Lehman Brothers		$1.0 B
			Bear Stearns		$625 M
Tax Exempt Portion:	Of the $4.125 B; $1.6 B is expected to be tax-exempt
Projected Interest Rate:	Taxable Rate		5.77%
			Tax-Exempt Rate		4.77%
Current Projected
Blended IR:		5.38%
Maturity Date:		August 29, 2001
For more details please contact me at (713) 853-9510

Bill SB 6X Passed the Senate Yesterday, but Little Can be Done at This Time
The Senate passed SB 6X yesterday, which authorizes $5  billion to create the California Consumer Power and Conservation  Authority.    The $5 billion authorized under SB 6X is not the  same as the $5 billion that must be authorized by the legislature to pay for  power already purchased, or the additional amount of bonds that must be authorized to pay for purchasing power going forward.  Again, the Republicans are not in support of these authorizations.  Without the details of the long-term power contracts the governor has  negotiated, the Republicans do not know what the final bond amount is that must  be issued and that taxpayers will have to pay to support.   No further action can be taken regarding the implementation of  SB 6X until it is clarified how and when the state and the utilities get paid  for purchasing power.    Also, there is no staff, defined purpose, etc. for  the California Public Power and Conservation Authority.  However, this can  be considered a victory for consumer advocates, who began promoting this idea  earlier in the crisis.

SoCal Edison and Bankruptcy
At this point, two events would be likely to trigger a SoCal bankruptcy.  The first would be a legislative rejection of the MOU between SoCal and the governor.  The specified deadline for legislative approval of the MOU is August 15th, however, some decision will likely be made earlier.  According to sources, the state has yet to sign the MOU with SoCal, though SoCal has signed it.  The Republicans are against the MOU in its current form and Davis and the Senate lack the votes needed to pass.  If the legislature indicates that it will not pas the MOU, SoCal would likely file for voluntary bankruptcy (or its creditor - involuntary) due to the lack operating cash.

The second likely triggering event, which is linked directly to the bond issuance, would be an effort by Senator Bowen to amend SB 31X (bridge loan) stating that the DWR would received 100% of its payments from ratepayers, then the utilities would receive the residual amount.  In other words, the state will get paid before the utilities.  If this language is included and passed by the legislature, it appears likely that SoCal will likely file for bankruptcy.  SoCal is urging the legislature to pay both the utilities and the DWR proportionately from rate payments.


Elizabeth:
Please find below examples of the Long descriptions for US Gas & Crude Nymex
Options
Pls. let me know if you have any questions or need additional information,
Thanks
Carlos

US Gas Fin Opt   NYMEX        EC5.45     Jun01           USD/MM-L
A financial Option Transaction with Enron North America Corp., under which
the Seller receives the Premium and the Buyer receives the Cash Settlement
Amount. Each calendar month during the Term of the Transaction will be a
Determination Period, provided that if the Term of the Transaction is less
than one calendar month the Determination Period shall be the Term of the
Transaction.  The Notional Quantity per Determination Period shall be
calculated from the volume submitted by Counterparty on the Website in
accordance with the unit of measure.  The Premium shall equal the product of
(i) the price submitted by Counterparty via the Website, multiplied by (ii)
the Notional Quantity per Determination Period, multiplied by (iii) the
number of Determination Periods during the Term of the Transaction. The
Payment Date for the Premium shall be 2 business days after the Trade Date of
the Transaction. The Payment Date(s) for the Cash Settlement Amount shall be
5 business days after the Cash Settlement Amount is determinable. The Cash
Settlement Amount shall be the greater of (i) zero, or (ii) the product of
(a) the Notional Quantity per Determination Period, multiplied by (b) the
Index minus the Strike Price.  The Option style and type shall be a European
Call ("EC").  Automatic Exercise is Applicable.  The Strike Price for the
Transaction shall be as set forth on the Website.  The term of the
Transaction shall be from the Effective Date of 01 Jun 2001 to the
Termination Date of 30 Jun 2001.  The Exercise Period(s) shall be the
penultimate Trading Day of the NYMEX Henry Hub Natural Gas Futures Contract
for the applicable Determination Period. The Index for each Exercise Period
shall be the settlement price for the penultimate Trading Day of the NYMEX
Henry Hub Natural Gas Futures Contract for the applicable Determination
Period. The price is quoted in US Dollars per unit of volume, which will be
the Contractual Currency. The unit of measure against which the volume is
shown shall be 10,000 MMBtu's per month.

US Gas Daily Opt GD/D HHub - IF HHub EC  Jul01           USD/MM
A financial Option Transaction with Enron North America Corp., under which
the Seller receives the Premium and the Buyer receives the Cash Settlement
Amount. Each calendar month during the Term of the Transaction will be a
Determination Period, provided that if the Term of the Transaction is less
than one calendar month the Determination Period shall be the Term of the
Transaction. The Notional Quantity per Determination Period shall be
calculated from the volume submitted by Counterparty on the website in
accordance with the unit of measure. The Premium shall equal the product of
(i) the price submitted by Counterparty via the website, multiplied by (ii)
the number of calendar days during the Term of the Transaction, multiplied by
(iii) the volume submitted by Counterparty on the website. The Payment Date
for the Premium shall be 2 business days after the Trade Date of the
Transaction. The Payment Date(s) for the Cash Settlement Amount shall be 5
business days after the Cash Settlement Amount is determinable. Where this
Transaction is a Call Option, the Cash Settlement Amount shall be the greater
of (i) zero, or (ii) the product of (a) the Notional Quantity per
Determination Period, multiplied by (b) the Index minus the Strike Price.
Where this Transaction is a Put Option, the Cash Settlement Amount shall be
the greater of (i) zero, or (ii) the product of (a) the Notional Quantity per
Determination Period, multiplied by (b) the Strike Price minus the Index.
The term of the Transaction shall correspond to the date(s) set forth in the
Product description on the Website.
The Index for a Determination Period shall be the average of the Daily
Midpoint price published on each calendar day during such Determination
Period under the heading "Daily Price Survey" in the Louisiana -Onshore South
- Henry Hub section of Gas Daily, or if a calendar day is not a Business Day
then the price used shall be the Daily Midpoint price published on the next
succeeding Business Day. The Strike Price for a Determination Period shall be
the South Louisiana - Henry Hub Index price in the "Market Center Spot-Gas
Prices" section located in the first issue of Inside Ferc's Gas Market Report
published during such Determination Period.
The price is quoted in US Dollars per unit of volume, which will be the
Contractual Currency.
The unit of measure against which the price is quoted shall be millions of
British thermal units and the quantity shown shall be in millions of BTUs per
day.
The Option style and type shall be a European Call, ("EC").
Automatic Exercise is Applicable.

US Crude Fin Opt NYMEX WTI    EC26.5     May01           USD/bl/m
A financial Option Transaction with Enron North America Corp., under which
the Seller receives the Premium and the Buyer receives the Cash Settlement
Amount. Each calendar month during the Term of the Transaction will be a
Determination Period, provided that if the Term of the Transaction is less
than one calendar month the Determination Period shall be the Term of the
Transaction.  The Notional Quantity per Determination Period shall be
calculated from the volume submitted by Counterparty on the Website in
accordance with the unit of measure.  The Premium shall equal the product of
(i) the price submitted by Counterparty via the Website, multiplied by (ii)
the Notional Quantity per Determination Period, multiplied by (iii) the
number of Determination Periods during the Term of the Transaction. The
Payment Date for the Premium shall be 2 business days after the Trade Date of
the Transaction. The Payment Date(s) for the Cash Settlement Amount shall be
5 business days after the Cash Settlement Amount is determinable. The Cash
Settlement Amount shall be the greater of (i) zero, or (ii) the product of
(a) the Notional Quantity per Determination Period, multiplied by (b) the
Index minus the Strike Price.The Option style and type shall be a European
Call ("EC").  Automatic Exercise is Applicable.  The Strike Price for the
Transaction shall be as set forth on the Website.  The term of the
Transaction shall be from the Effective Date of 01 May 2001 to the
Termination Date of 31 May 2001.  The Exercise Period(s) shall be the
expiration day of the NYMEX Light, Sweet, Crude Oil Options Contract for the
applicable Determination Period. The Index for each Exercise Period shall be
the settlement price of the NYMEX Light, Sweet, Crude Oil Futures Contract
for the applicable Determination Period on the expiration day of the NYMEX
Light, Sweet, Crude Oil Options Contract for the applicable Determination
Period.The price is quoted in US Dollars per unit of volume, which will be
the Contractual Currency. The unit of measure against which the price is
quoted shall be Barrels and the quantity shown shall be in Barrels per month.

.


TD Waterhouse is now accepting Conditional Offers to purchase shares of Polycom, which is expected to price on 1/29/2002.

To read the preliminary prospectus filed with the SEC and place a Conditional Offer, follow these steps:
- Login to your account
- Click on Trading > IPO Center > IPO Offerings

In the list of Current Offerings, select the offering you want and then click on the "Continue" button.

Important Information - Reaffirming Your Conditional Offer

Once the registration statement is declared effective by the SEC, we will contact you via e-mail to notify you of the effectiveness of the registration statement and the price as determined by the managing underwriter. This normally occurs on the day prior to the first day of trading.

If you still wish to participate, you will be required to respond to us by 3:00 am ET of the following business day to reaffirm your previously submitted Conditional Offer. Please note that the e-mail notification will likely be sent after the market closes. Please ensure that you have provided an
e-mail address that you are able to access after that time. You may change your e-mail address at anytime via the "Update E-mail" function within the IPO Center.

If it is not possible to check your e-mail after market hours, you may reaffirm your Conditional Offer following effectiveness by going to the "IPO Order Status" within the IPO Center, choosing the Conditional Offer you want to reaffirm, and clicking "Reaffirm Conditional Offer".

If you fail to reaffirm your Conditional Offer within the specified period, your Conditional Offer will automatically be cancelled.

Conditional Offers are accepted once reaffirmed, at the offering price, determined by the managing underwriter after the registration statement becomes effective.

Please note that reaffirming a Conditional Offer does not guarantee an allocation of shares.

Thank you,

TD Waterhouse Investor Services, Inc.
Member NYSE, SIPC.


Hi everyone -

It looks as though the best date for the Management Committee Extended Meeting is Wednesday, January 23 beginning at 12:00 noon and extending until approximately 5:00 p.m.  The meeting will be in 50M Dining Room and lunch will be provided.

Ken hopes that everyone will be able to attend.  Please let me know for planning purposes.

Rosie


i am up for going out wherever.  ricky hasn't been producing too many 100
yard games lately.  our bet could go either way.  give me a call on my cell @
713-825-8410


I received the following from David in Investor Relations.  As you can see,
he indicated we could contact the analyst directly.  I'm not sure this is a
good idea, but I wanted to send the info along to you in the event you might
find it useful.

FYI - the attached reports provided no info on Powell's meetings w/ analysts.

Frank. J. Governali, CFA
207-772-3700.

Margo Reyna
Regulatory Analyst
Enron Corp., Government Affairs
Phone:  713-853-9191

----- Forwarded by Margo Reyna/NA/Enron on 06/01/2001 01:30 PM -----

	David Leboe/ENRON@enronXgate
	06/01/2001 12:18 PM

		 To: Margo Reyna/NA/Enron@Enron
		 cc:
		 Subject: Frank G Reports from First Call

Frank issued the following reports recently which were posted on First Call.

Frank's contact information is included.  You may wish to contact him
directly.

Thanks and good luck.


As requested.


are you tired?  will you do me a favor and at noon think of me touching you?


Thanks.

Remi

From:	Vince J Kaminski/ENRON@enronXgate on 10/25/2001 06:05 PM CDT
To:	Remi Collonges/SA/Enron@Enron, David M Rosenberg/SA/Enron@Enron
cc:	Chonawee Supatgiat/ENRON@enronXgate, Zimin Lu/ENRON@enronXgate, Martin Lin/ENRON@enronXgate, Mike A Roberts/ENRON@enronXgate, Vince J Kaminski/ENRON@enronXgate
Subject:	Outline of commitments

Remi, Dave:

First of all I want to thank you for your hospitality and to apologize
for a delay in responding to you. It was quite a tumultuous week
and the turbulence continues.

The outline of commitments with the information on what I have done to
jumpstart the process.

1.	Review of the CEPEL model / simplified model. Chonawee
started the review process, with the help of our two native Portuguese speakers.
Less complicated/faster to run model will follow.

2.	SDDP. As you know Tom Halliburton is in Norway this week.
They put their grimy fingers on him first.
He will be back next week and will help you  to set up the SDDP runs.
He even volunteer to stay on the job for a few days longer to help
you with the project.

3.	Transmission modeling. Martin Lin will call Dave to jumpstart the process.

4.	Zimin will call David regarding swing option model, option pricing models
for non-standard distributions and truncated distributions.

5.	Cooperation with the SA University in the area of the weather research
	Remains to be discussed with Jose and Mike.

Vince


Date:		February 26, 2002

To:		Enron Global Distribution

From:		Derryl Cleaveland, Sr. Director Global Strategic Sourcing

Subject:	Audio Conferencing Provider

Enron has selected WorldCom Conferencing as our sole conferencing provider.  Under a recently signed national contract, all Enron locations can utilize WorldCom for their conference calling needs at a substantial savings when compared to other conferencing providers.

The favorable pricing supplied to us by WorldCom Conferencing gives us a significant reduction in our conference call per minute rate, providing beneficial savings to our company.  In order to achieve these savings, it is critical that all Enron employees start, or continue, to use WorldCom for all your conferencing needs.

If you are currently using another company, please begin using WorldCom Conferencing for your audio conference needs. Enclosed is information on how to set up your user profile and start conferencing with WorldCom.

Should you need additional training, information on conferencing services, or assistance in planning a meeting please contact Torri Rhodes, WorldCom Conferencing Consultant at 713-651-3278.  For account management and sales support, please contact Sandra Audrain-Gorrie, District Sales Manager at 713-888-1369.   For all internal conferencing questions or concerns, please contact Peter Goebel, Global Strategic Sourcing, Director-IT/Telephony at 713-345-3325.


I have received a note from UBS to say they have not received your employement application form.  Pls completed the attached form and return to me.   Please ensure the following:

1.	You put city and state in the school/college section
2.	You complete a 10 year history of work (if in College/not working/ etc  please state with dates).

Regards,

Karen Buckley
ECS 05845


I am pleased to announce that iBuyit Payables has been activated for all organizations supported by Houston Accounts Payable.  iBuyit Payables is an innovative tool that will enable us to code and approve invoices for goods and services online.

Who is impacted?
Beginning today, all coders and approvers of invoices that were previously submitted to Houston Accounts Payable for processing and payment, will code and approve invoices through iBuyit Payables.  Invoices entered directly into SAP, will not be impacted by this process.

Note:  Beginning May 8th, any invoices with coding sheets received by Accounts Payable will be entered into iBuyit Payables and electronically routed back to the coder. The invoice will then need to be coded and approved (again) in iBuyit Payables to generate a payment.

How do I receive training?
Online system demonstrations and quick reference cards are available on the Enron intranet in the Integrated Solutions Center Document Library at <http://sap.enron.com/sap_doclib/user/file_list.asp?cabinet_id=265>.
Note:  You must use the Enron standard Microsoft Internet Explorer to view these materials.

Who do I call for help?
*  For help using the iBuyit Payables system, contact the ISC Call Center at (713) 345-4727.
*  For invoice payment status, contact the Accounts Payable Call Center at (713) 853-7127
 or toll free at (866) AP ENRON, or send an e-mail to iBuyit.payables@enron.com <mailto:iBuyit.payables@enron.com>.

Questions?
For general information about iBuyit, send an e-mail to <mailto:ibuyit@enron.com>.

<Embedded Picture (Metafile)>


Glen:  I think this will be fine.  Please add the word "Company" after
"Transwestern Pipeline" on the list of parties.  Thanks; we sincerely
appreciate your efforts on this settlement.

Susan Scott

"Sullivan, Glen J." <GSullivan@sempra.com> on 04/17/2000 02:52:54 PM
To: "'MBD'" <MDay@GMSSR.com>, "'Leslie, John'" <jleslie@LUCE.com>,
"'Elsesser, Evie'" <eke@aelaw.com>, "'McCrea, Keith'" <kmccrea@sablaw.com>,
"'Pocta, R. Mark'" <rmp@cpuc.ca.gov>, "'Dasovich, Jeff'"
<jdasovic@enron.com>, "'Beach, Tom'" <tomb@crossborderenergy.com>,
"'Burkholder, John'" <burkee@cts.com>, "'Amirault, Paul'"
<paulamirault@aec.ca>, "'Alexander, Michael'" <alexanms@sce.com>,
"'Chancellor, Craig'" <craigc@calpine.com>, "'Dingwall, B.'"
<bdingwall@unitedgas.com>, "'Douglass, Dan@SES'" <douglass@arterhadden.com>,
"'Fawcett, Jeff'" <jfawcet@enron.com>, "'Porter, Doug'" <porterdk@sce.com>,
"'Rochman, Michael'" <rochmanm@spurr.org>, "'Counihan, Rick'"
<rick.counihan@greenmountain.com>, "'Bayless, David'"
<david.bayless@utility.com>, "'Paul, Joe'" <jmpa@dynegy.com>, "'Jimison,
John'" <johnj@bcjlaw.com>, "'Foss, Robert'" <rfoss@coral-energy.com>, "McVay,
Nancy W - TPNWM" <NMcVay@socalgas.com>, "'Scott, Susan'"
<susan.scott@enron.com>, "'Karp, Joe'" <karpjos@sf.whitecase.com>, "'Johnson,
Pamela'" <Johnson_pamela@lacoe.edu>
cc: "Lorenz, Lad - TPLPL" <LLorenz@socalgas.com>, "Nelson, Eric B. - TPEBN"
<ENelson@socalgas.com>, "Morrow, Rick - TP3RMM" <RMorrow@socalgas.com>,
"Follett, B. David - TPDBF" <DFollett@sempra.com>, "Angeles, Zenee G. -
TPZGA" <ZAngeles@sempra.com>, "Brill, Thomas R." <TBrill@sempra.com>, "Van
Lierop, Jan - TP2JXV" <tp2jxv@socalgas.com>, "Harrigan, James P. - TP1JPH"
<JHarrigan@socalgas.com>, "Sakarias, Wayne P." <WSakarias@SDGE.com>, "Purves,
Ralph A." <RPurves@SDGE.com>, "Teeter, James S." <JTeeter@SDGE.com>, "Watson,
Steven - TP2SAW" <SWatson@socalgas.com>, "Cherry, Brian - TPBKC"
<BCherry@sempra.com>, "Fair, Pam" <PFair@SDGE.com>

Subject: RE: Gas Industry Settlement

Here is a draft of the motion for approval of the Comprehensive Settlement.
It may not be the sexiest document ever drafted, but since we get to go thru
the hearing process that'll be our chance to dazzle.

I have shown a list of signatories that is from our filing two weeks ago,
with a few additions.  I haven't cross-checked against signature pages
received or expected, but will do so before I file.  -- Glen

 - ld2d-#69366-1.DOC


Where is the Holiday ale fest?  Is it cool? Are you on some sort of secret
beer newsletter that I am not getting?  How come I only hear about this shit
from you?  I feel out of touch with the world of brewdom


Anything for the grocery list, my sweetie pie?


We now have a PG&E topock basis product on EOL.  The curve is currenlty
mapped to Socal with the differential to Socal being calculated in the
physical index curve.  Let's work on setting up this curve on Tuesday so that
it shows the accurate value for fin deals.  We can have the curve calc off of
a discount to citygate in Keith's spreadsheet.

Mike


would you have any interest?

---------------------- Forwarded by Greg Whalley/HOU/ECT on 06/12/2001 06:02 PM ---------------------------
From:	Basil Karampelas/ENRON@enronXgate on 05/29/2001 11:55 AM
To:	Greg Whalley/HOU/ECT@ECT
cc:

Subject:	Resume of Randy Balhorn

Greg - here is Randy's resume. He is the guy I was telling you about on Friday as we were walking out of the building. I think he could make Enron a lot of money.

Basil


Tammie Schoppe
Enron Americas-Office of the Chair
Assistant to Louise Kitchen
713.853.4220 office
713.646.8562 fax
713.253.2131 mobile

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Wednesday, January 09, 2002 6:31 PM
To:	Schoppe, Tammie
Subject:	FW: Netco Legal Transition Plan

Please get this printed - it is not formatted at the moment

 -----Original Message-----
From: 	Taylor, Mark E (Legal)
Sent:	Wednesday, January 09, 2002 12:01 PM
To:	Kitchen, Louise
Cc:	Haedicke, Mark E.
Subject:	Netco Legal Transition Plan

Here is our first cut at a transition plan.  The spreadsheet is referred to in the Word document.

 << File: Transition Plan.doc >>
 << File: Newcocontracts.XLS >>

Mark Taylor
Vice President and General Counsel
Enron Wholesale Services
1400 Smith Street - EB3892
Houston, Texas 77008
(713)853-7459
(713)646-3490 (fax)


Attached is an updated copy of ENA's Litigation Status Report.


http://www.newdem.org/westcoastretreat/

Jeff and Mona - Above is a link for the New Democrat Network (NDN) West Coast Retreat.  We are Executive Council Member of the NDN.  You can attend for all or portion of the retreat.  There will local, state, and federal elected officials attending.

Jeff - The NDN has been helpful by trying to moderate the tone of the energy debate in DC and they did not include price caps in their energy plan (though some of the West Coast members support them).  They will hold an energy panel and Speaker Hertzberg will attend

Mona- Note that the schedule is technology heavy and TechNet is a sponsor of the event.

Sorry for the late notice.  Let me  know if you are interested.

Thanks - Chris (202) 466-9158


You are enrolled in the following class:

Derivatives I - Applied Energy Derivatives

Class Days and Times:
  1/23/2001  08:00:00 AM - 05:00:00 PM
  1/24/2001  08:00:00 AM - 05:00:00 PM
Room # & Location: EB 552,  Houston
Last Day to Cancel: 01/19/2001
Participant Fee: $800.00
Note: If available, please bring a financial calculator.

Please review any prerequisite material to validate your eligibility in this
class.
Your Company and RC will be charged $800.00

If you have any questions, please call the Development Center Team at
713-853-0357.

Thank you.


Do you know that Friday November 10 is a UC Berkeley holiday?  Can you take
off work so we can have a 3 day weekend?  Also, there is a mushroom & wine
festival in Mendocino that weekend.  Are you interested in any of the
following?

Friday November 10
8 am - 6 pm
Wine & Mushroom Symposium
Camp Mendocino via the Skunk Train -- Includes talks, chefs panel, lunch,
foray, wine & mushroom tasting & train ride
$135

Friday November 10
1 pm
Guided Mushroom Walk
With Gardens Nursery Manager Allen Palacios Mendocino Coast Botanical
Gardens, South Highway 1, Fort Bragg
$6

Friday November 10
5 pm - 7 pm
Wine & Mushroom Reception
With Wine Country Gourmands and Navarro wines at the Lodge at Noyo River,
Fort Bragg
$10

Saturday November 11
11 am
Guided Mushroom Walk
With Vince Viverito & Henry Young Van Damme State Park
$10

Saturday November 11
1 pm - 2:30 pm
Cooking Demo
Taming the Wild Mushroom with chef Silver Canul and Husch wine tasting at
the Little River Inn

Saturday November 11
2:00 pm
Wild Mushroom Exhibit Reception at the Ford House in Mendocino

Saturday November 11
5 - 7 pm
Wine & Mushroom Reception
With Wine Country Gourmands and Navarro wines at the Lodge at Noyo River,
Fort Bragg
$10

Saturday November 11
5 pm
Price Fixed Mushroom Menu
With Lolonis wines at The Ravens, Stanford Inn by the Sea

Saturday November 11
5:30 - 7 pm
The Wines of Anderson Valley
Wine tasting and mushroom appetizers at Inn at Schoolhouse Creek & Dennen's
Victorian Farmhouse
$10


true

Jeanie Slone
02/27/2001 10:06 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: john griffith

true or false-John Griffith should be moved into your cost center with the
same salary, same title effective Feb. 01.


We released more tonight.

DG


Brent -

I have attached a first draft of the documents for Cargill.  The ISDA is a 1992 form signed in April, 1999 with ENA.  The ISDA was amended in Feb., 2001 - changes were only in relation to the definitions of Valuation Percentage, Threshold and some of the LC terms.

I have based the attached on your Entergy-Koch document and made a few revisions.  I have also raised one question for you to consider.

When you have a chance please take a look at the attached and let's discuss.

Thanks.

Mark


give me a call if you stay in town this weekend and go out.  we are going to
party fri & sat if you are in.


Since receiving your e:mail message last Monday on your needs in power, I
have spent three (!!!) full days in PRC meetings since then.  I have shared
your needs with both Todd Hall and Kristin Albrecht (my power business
controller here in Houston) and have gotten their thoughts on how we could be
of help.  Sorry that I keep missing your calls.  I will be meeting with
Fernley, but I will also try to reach you by phone tomorrow.


ISDA PRESS REPORT - MAY 18, 2001

* Proposed Rule Would Ease Transition Of SEC-Registered Firms to CFTC
Oversight - BNA
* Brokers will respond once they smell money - Business Standard
* Tax dues mar brokers foray into derivatives - Business Standard
* New attack on proposal to allow advertising by hedge funds -
Financial Times

Proposed Rule Would Ease Transition Of SEC-Registered Firms to CFTC
Oversight
BNA - May 18, 2001

The Commodity Futures Trading Commission (CFTC) proposed new rules May 14
that would relax the registration requirements of Securities and Exchange
Commission-registered broker-dealers wishing to cross over and trade
security futures products.

In a May 17 Federal Register notice, the futures regulatory agency said it
wants to amend its rules so that such broker dealers can seek CFTC
registration by notice filing (66 Fed. Reg. 27,476, 5/17/01). Currently, all
potential futures commission merchants (FCMs) and introducing brokers, as
traders of commodities and futures are categorized, must file at least two
registration forms with the CFTC.

CEA Revised

When Congress revised the Commodity Exchange Act (CEA) in December, it
allowed single stock futures and futures on certain narrow-based stock
indices for the first time in nearly 20 years. Such instruments--"security
futures"--are expected to be offered by firms that do not typically conduct
transactions in futures products, creating a regulatory dilemma.

The proposed new rule would allow any broker-dealer that limits its futures
activity to security futures products and that is in good standing with the
SEC to become registered with the CFTC "with the submission of notice." In
this case, notice would likely be filed with the National Futures
Association, the CFTC said.

The commission also proposed a rule that would allow such registrants to
avoid the requirement that all FCMs be members of a registered futures
association.

Though it is operating under a voluntary moratorium on new rules requested
by the White House, the CFTC has received permission from the Office of
Management and Budget to propose rules that arose out of Congress's sweeping
reform package, known as the Commodity Futures Modernization Act, which
passed in December. The moratorium, which was extended to all government
entities under interim leadership back in January, is expected to be in
place until someone is named to chair the commission permanently.

Brokers will respond once they smell money
Business Standard - May 18, 2001
By Janaki Krishnan and Tamal Bandopadhyay

Once a staunch supporter of badla, Securities and Exchange Board of India
(Sebi) board member J R Varma has in the recent past been a strong proponent
of replacing the product with derivatives . Two days after the capital
market watchdog rang the death knell for badla and ushered in derivatives
trading in a big way, a relaxed Varma justified his stand to Janaki Krishnan
and Tamal Bandopadhyay. "Carry-forward has lost its historic relevance. If
instead of a complex product that does many things hedging, speculation,
finance, we have products that do different things, but do them better, I
think it is preferable to make the transition." Extracts:

Q. Will the migration from carry forward to the derivatives market be easy?
Will it be painless?

A: No. I would be untruthful to myself if I say that that the transition
will be painless. There will surely be pain as a system migrates from the
familiarity of badla to the complexities of derivatives trading. But at the
end of the day, you have to see whether it is a pain worth taking. To my
mind, this is certainly the case. The Indian equities market has to move up
to better products even if it means some short-term adjustment pains.

Q: Do you think volumes will dry up?

A: Certainly not. It will be fairly liquid and vibrant. There may be a drop
in volumes at the initial stage, but in six to eight months, I expect the
markets to revive to their normal levels of activity.

Q. The Sebi had introduced index futures in June last year. What has been
the experience so far?

A: Ever since index futures were introduced in June last year, there has
been a slow but steady growth. The trading volumes are growing every month.
Last July was better than June and so it continued. In February 2001, the
average daily trading was worth around Rs 50 crore. So it is very clear that
the product (index futures) fills in some perceived need in the market for
such a product. Otherwise, such products die a very quick death. The
increasing volumes also tell us that it is attracting new adherents by the
day, which means those who started early have stayed on and their
experiences are helping new players to come into the market. In that sense,
I am satisfied. But mind you, this is growth on a low base. We still have a
long way to go. It has been the global experience that the derivatives
markets take off slowly. Typically, you have to give it one-and-a-half to
two years to reach critical mass. If the Indian markets do not show signs of
growth in the next six to seven months, after taking into account the one
year in which index futures has been around, then we have a problem.... In
our case the experience is not terribly bad but certainly not as good as one
would have expected.

Q. What is the level of preparedness of the market participants?

A: The stock exchanges are by and large prepared. They have already been
trading in index futures, and hopefully, their software and systems are in
place. Coming to brokers, I think they have to make an effort to set their
back offices and trading strategies in order. But I am very optimistic that
the brokers will respond to the new regime enthusiastically, once they smell
money in terms of trading opportunities. Well, it is a challenge since the
margining system is much more complex, and the methodology of computing
margins is not a straight calculation. In fact, the challenge is in getting
the margins right.

Q: Do you think the ordinary investor will embrace the new system or will he
be marginalised?

A: I pin my highest hopes on the Indian investor who has shown a great
capacity to learn. Everyone is on the learning curve, but once the average
investor realises the benefits of the new system, he is sure to take the
plunge.

Q: The big question remains: earlier you were a badla supporter, why have
you changed your stance?

A: (Laughs) Well yes, I was a strong badla supporter when badla was banned
in 1992. In fact, I was among the few who protested the badla ban then. My
point was simple: how can you take away whatever rudimentary instruments
investors have to hedge themselves against risk? And, if you have a
theoretical problem with badla, you must have a better system to replace it
with. In 1992-93, we didn't have an alternative.

I had written a paper (in 1993-93) where I argued that badla was meeting a
whole lot of requirements in the system. For instance, if you remember that
was the time when all shares were in paper form. So if a guy had sent shares
for transfer which often took two months or more then he couldn't sell in
the interim period. Badla gave him the opportunity to exit by selling first
and postponing delivery till such time as he got the shares to deliver.
Badla was a hedging mechanism that doubled up as a tool for speculation. It
was the only way to have short sales in the system, which is the ultimate
bulwark against the bullish price manipulation of shares. And, it was the
only means of getting finance into the equity markets. So there were three
or four very obvious functions that badla was doing. If you look at the
scenario now, demat has removed the issue of delays in getting shares
transferred...so on, the stock lending scheme has replaced badla as the
preferred option to get shares to make deliveries in case of short sales.
Badla has lost its relevance now.

Q: But do derivatives fill in all the market requirements?

A: Please understand that there are lots of specific products that have been
introduced in the system over the last decade that fulfill each of these
requirements individually. So instead of a complex system, which served all
purposes in a sub-optimal manner, now we have an array of specialised
products that deliver specific services and do it better. In derivatives ,
we have a world class hedging tool now available to Indian investors.

Q: You said that globally, the derivatives markets take two years to develop
fully. How much time do you give yourself for the Indian derivatives market
to reach critical mass?

A: I would give it six to nine months. By early 2002, I expect average daily
volumes of Rs 100 crore.

Q: What will be the role of banks in the new system?

A: Of course, banks will continue to be the fulcrum of the new system, too.
We will need to have clearing banks that settle the cash part of the
transactions. Plus, there will be a whole new vista of opportunities for
banks in the derivatives markets. For instance, banks can do "calendar
spreads" as yet another method of parking their surplus funds and earning
returns.

Calendar spreads are nothing but simple contracts where banks buy an option
for a near period (say June) and sell it for a longer period, (say
September). It is like a forward-to-forward contract in the foreign exchange
markets, and banks can get positive returns. In the long run, this can be a
huge market like the overnight call money market where banks can park their
short-term funds.

Q. Do you think financing will be an issue in the markets when badla
financiers are thrown out of the new system?

A: It is not true that badla financiers will be removed from the system. It
is just their methods of operations will change. They can arbitrage between
the cash market and derivatives markets and even within the derivatives
market. By deploying their funds between different parts of the market, they
will not only impart depth to the markets, but will also make a decent
return on their funds.

Q: The way you put it, is the system going to be a level playing field for
foreign institutional investor, mutual funds and large players? In the badla
system, these players, for instance, were prohibited from short selling.

A: I think it is a level playing field for everyone though I have received
some queries whether FIIs will also be allowed to short sell. We are
negotiating with RBI.

Q: What is the issue with FIIs?

A: There is no issue. It is just that the RBI had mandated that FIIs can
only buy derivative contracts to hedge against an underlying position. So if
an FII had a purchase position in the spot market, it could short sell in
futures, but not a naked short sale. Maybe there is a policy issue
somewhere, but we are in dialogue with the central bank and hope to resolve
the issue.

Tax dues mar brokers foray into derivatives
Business Standard - May 18, 2001
By Aniek Paul

The Securities and Exchange Board of India (Sebi) has decided that the
brokers seeking fresh registration for the derivatives segment, will have to
first clear their turnover tax dues to the market regulator.

Brokers are upset with the decision, and feel that this would deter the
growth of the derivatives market as the tax would mean an additional burden
on them, and substantially reduce the interest in the segment, which needs
to grow fast.

According to rough estimates, the aggregate dues of the broking firms to
Sebi as outstanding tax on turnover is about Rs 800 crore. The amount due
from individual brokers varies from few lakh to several crores.

The brokers had moved court disputing the Sebi's claim, but they lost their
case in the Supreme Court in February this year, after a protracted legal
battle.

In addition to the dues to be cleared, brokers would have to pay the
standard registration fee - which even for a trading member is about Rs 20
lakh - and for the software.

Sebi has also mandated that all broking firms seeking registration for the
derivative segment must have at least two experts in derivatives trading
with a NCFM (NSE Certification for Financial Markets) certificate.

Sebi full time board member Jayanth R Varma said: "It is untenable that the
brokers will be offered registration for a new segment without clearing
their dues. Besides, when the apex court has upheld Sebi's claims, the
brokers cannot get away without paying it."

Speaking on the various nuances of the derivatives segment, Varma said, in
the beginning the derivatives segment would be `cash-settled', implying that
the difference between the strike price and reigning market price would be
paid to the gainer, and securities would not be delivered.

"We will follow the American model in individual stock options, and the
European model in index options," Varma said. In the American model, one can
exercise the option at any point during the entire life of the option, while
in the European model, the right to exercise the option is restricted within
a specific time frame.

Varma also said, it would take the market regulator a couple of meetings to
fine-tune the risk management system for the segment. Varma added, in the
next board meetings, Sebi would discuss whether smaller exchanges like
Calcutta Stock Exchange would be allowed to start their own derivatives
segment.

New attack on proposal to allow advertising by hedge funds
Financial Times - May 18, 2001
By JOHN AUTHERS

The Investment Company Institute, the trade association for the US mutual
fund industry, started its annual meeting in Washington yesterday with a
renewed attack on proposals to allow hedge funds to advertise.

Matthew Fink, the institute's president, said hedge fund advertising could
create "serious and unnecessary risks" to public confidence in the industry.
Hedge funds should accept greater regulation if they wanted to open
themselves to the general public, he said.

"If parallel industries are permitted to develop - one regulated, one
unregulated - the only direction we are destined to move in is a race to the
bottom, as competitive forces pressure all firms to minimise regulatory
costs."

The Managed Funds Association, which represents hedge funds, wants
relaxation of the rules against advertising but says it does not want to
compete for retail investors.

The institute also took the opportunity to respond to the widespread belief
that mutual fund flows make the market more volatile. This followed an
outflow of Dollars 20.6bn from equity mutual funds in March, the highest
monthly outflow on record. This appears to have been followed by a heavy
inflow in April.

Terry Glenn, chairman of Merrill Lynch funds and chairman of the Institute,
denied there was any sign of panic from mutual fund investors during the
early months of this year.

"'Panic' is not a word one would associate with our investors. Shareholders
are not insensitive to stock price movements but their response to market
movements tends to be spread over time."

Mr Glenn added that fund investors have never responded to sharp market
falls by redeeming shares en masse, in any period since the war. "There is
no evidence that this long-established pattern of behaviour will change," he
said.

**End of ISDA Press Report for May 18, 2001.**

THE ISDA PRESS REPORT IS PREPARED FOR THE LIMITED USE OF ISDA STAFF, ISDA'S
BOARD OF DIRECTORS AND SPECIFIED CONSULTANTS TO ISDA.  THIS PRESS REPORT IS
NOT FOR DISTRIBUTION (EITHER WITHIN OR WITHOUT AN ORGANIZATION), AND ISDA IS
NOT RESPONSIBLE FOR ANY USE TO WHICH THESE MATERIALS MAY BE PUT.

Scott Marra
Administrator for Policy & Media Relations
ISDA
600 Fifth Avenue
Rockefeller Center - 27th floor
New York, NY 10020
Phone: (212) 332-2578
Fax: (212) 332-1212
Email: smarra@isda.org


Davis' criticism of Texas misdirected, report finds
Lynda Gledhill, Mark Martin, Chronicle Staff Writers
Tuesday, July 10, 2001
,2001 San Francisco Chronicle
URL:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/07/10/M
N48875.DTL
Sacramento -- Texas-based electricity generators have received the brunt of
criticism from Gov. Gray Davis for gouging California during the power
crisis, but financial information released yesterday shows the lion's share
of the money went elsewhere.
Companies with headquarters in Texas garnered less than 10 percent of
California's multibillion-dollar energy purchases, while public and private
energy companies from Canada to Georgia to California got the rest.
The $424 million that went to Texas companies may still be more than the
state should have been charged, and administration officials are attempting
to get refunds from a host of companies, both in and out of Texas.
Earlier this year, Davis lambasted the Bush administration for not acting
against power firms in his home state. "What's going on here, pure and
simple, is unconscionable price-gouging by the big energy producers -- most
of them, incidentally, located in Texas," he said in May.
Yesterday, a spokesman for the governor broadened the verbal assault, saying
the Texas firms are representative of the many other out-of-state generators
who have also gouged California.
"Anywhere they wear cowboy hats, they probably have handkerchiefs across
their face because they are robbing us blind," said Steve Maviglio, Davis'
spokesman.
The latest financial information is contained in a report by the state
Department of Water Resources detailing $7.2 billion in power purchases from
Jan. 17 through the end of May.
About $5.2 billion of that was spent on the spot market where power buys are
made a day, hour or even a few minutes before the electricity is actually
used.
Because the spot purchases are made with little notice, they are the most
expensive kind of power on the market. The state was forced to step in and
buy the power when the credit ratings of California's major utilities dropped
as the energy crisis worsened. The crisis was caused by a series of events
that forced the utilities to pay more for electricity than they could recover
from customers.
The numbers released yesterday show that Texas companies weren't alone in
receiving a share of the energy crisis pie. Some $1.2 billion went to Mirant,
an Atlanta-based company. Mirant has refused to turn over documents
subpoenaed by the state Legislature as part of its investigation into alleged
market manipulation. Mirant could face contempt proceedings.
Municipal generators have also fared well during the energy crisis. Powerex,
a wholly owned power marketing subsidiary of Vancouver-based BC Hydro,
received $1 billion from the state for spot market electricity.
The Los Angeles Department of Water and Power, which Davis said charged
higher average spot market prices than some generators, received $331
million.
E-mail Lynda Gledhill at lgledhill@sfchronicle.com.
,2001 San Francisco Chronicle ? Page?A - 9


My buddy in DC found the NE Hub testimony and is fedxing it.  If you can get
the egan hub testimony that would be great.  Thanks. DF


Looks good to me - It should probably get one last look by Mike Corbally, too.

Dale Neuner on 12/27/99 10:33:58 AM
To: Mark Taylor/HOU/ECT@ECT
cc: David Forster/LON/ECT@ECT
Subject: Weather Review

Attached please find a Weather Long Description, modified pursuant to our
conversation this morning.
I will change the CDD Product Typre description as well. Also, last week we
changed the reference to the price quote to remove reference to "per unit of
volume".

Please review and offer approval/comments.

David:

For your ease of reference, bolding represents additional language; italics
represents changes.

Should I be changing the Norway and UK components as well, or will that be
done by PCG London?
(I am more than happy to do it.)

Dale


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Sandy --

Can you please send all letters sent under Dan's name to him tomorrow.  You may want to send to Esmeralda.  Thanks.

Jim


Guys - Weather permitting in the Texas Panhandle area, I expect to be in
Friona, TX on Monday, November 20th, on business.  Provided below are some
items I would have mentioned in the Monday staff meeting:

Plains Farmer's Coop - To date, I have been able to collect approximately
half of the $500,000 imbalance which Plains Coop owes TW.  I will be meeting
Charles Hough in Friona (Friona is located 100 miles west of Amarillo) on
Monday to discuss the payment plan for the remaining imbalance amount in
additionaI to other general business matters.  I discussed my action plan
with legal and credit and will request full payment by January 31, 2000,
latest date.  Effective Febrary 1st,  TW will also include penalty payments
with any future imbalance outside the +/- 10% tolerance level.

Pogo Producing - I met recently with John Havard with Pogo. Pogo plans to
spud a well in Eddy county which is an offset to the EOG operated well
recently completed and in the process of being attached to TW.   Pogo's well
will be spud in December with an expected 60 day drill & completion time.
They have an optimistic expectation of the production being close to the EOG
well - current initial production of 14 MMcf/d, and have plans for additional
drilling in the field area.

CIG - A conference call was held with CIG on Friday to discuss delivery
performance issues of deliveries to the CIG/Tumbleweed point and the ability
of them to increase their delivery capacity to Transwestern.    They
explained that CIG is currently fully subscribed and operating at MAOP along
the line which provides deliveries to Transwestern, El Paso, NNG and
SPS/Nichols.  All shippers holding capacity along this line (capacity 200
MMcf/d)  already have subscribed to long term contracts primarily to El Paso
and SPS.   Currently they have no operational capability to provide any more
incremental delivery capabilities to TW at Tumbleweed.  However, they have
indicated a probable second Raton Expansion project will be announced March
2001 and have suggested that looping of this southern line could be a
possible outcome of the project which would provide incremental delivery
capacity to Transwestern above the current 40 MMcf/d level.  I will be having
additional discussions with CIG marketing individuals to determine who,
besides  El Paso and Evergreen, are the primary existing shippers down the
southern portion of CIG's system in order to potentially get them to realign
their contract to Transwestern as a primary delivery point.

Expedition of Contracting Process - Per Kevin's request, I provided him, and
also discussed, several ideas which would streamline and improve the existing
contract processing cycle.  The most important and critical recommendation
was to revise the 3 year old ET&S Discounting Policy which Bill Cordes had
established for both TW and Northern.  Obtaining approval of even a few
simple changes I could recommend to the Policy (applicable only to
Transwestern, not NNG) would have an immediate effect of simplying the
Officer approval process and would expedite the turn-around time.


This deal is coded not to be confirmed, but it flows longer than 6 days which
is the criteria for creating confirmations.  Can you check with the trader,
and if it should be confirmed, get a contact and let me know.

Thanks!


Dr. Harris:
 I hope you had an enjoyable summer and it did not go too quickly, as I felt
mine did.  I wanted to let you know that I am still very much interested in
attending the Business School.
 I took your advice this summer and took a graduate level finance class
(Financial Management), which I received an A.  I was very pleased with
myself, because I had not taken this type of class in quite some time.  I
have also decided to take another graduate level finance class
(Macroeconomics), which I am currently taking.
 I also sent my information regarding my learning disability into GMAC to try
and receive a "special testing status" for the GMAT.   I am currently waiting
to hear back from them with their decision.  When I hear back from GMAC, I am
planning on re-taking the GMAT to try and increase my score.
 As you can see, I am still very much interested in attending the Business
School for next year and I'm in the process of doing whatever I can to
increase my application profile.
 Please let me know if there is anything else you think I need to do to
enhance my application profile.   Again, I hope all is going well and I look
forward to hearing from you soon.

Regards,

Ben Rogers

Associate
(713) 853 -7998
Enron Corp.


Thanks for your nice note.  I am pleased for all of us at the increased
recognition of the roles that we play within the organizaiton.  My ability to
do my job well is very dependent on those of you who play key roles in
operations.  Thanks for your part in that and for your continued support.
--Sally

	Enron North America Corp.

	From:  Brenda F Herod                           01/15/2001 04:25 AM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Promotion

Sally,

I am so excited for you and your promotion.  I have had the privilege to see
the impact you have made on this organization, and I am very glad to see you
get the rewards you well deserve.  You simply amaze me, and I have such a
tremendous amount of respect for you and your contributions and values.

CONGRATULATIONS!!!

Brenda


Jeff, this fella gave me a call on a new technology that converts chemical
feedstocks into industrial gases.  He wants to establish the technology in
Baytown and is looking for our assistance and capital.  This is probably a
stretch but it may be worthwhile for you to speak with him.  I am not
advocating this play just passing on the message.

Steve Paras 718-630-5611

He will be in Houston on Friday.

Regards
Delainey


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The purpose of this memo is to inform you of organizational changes for ETS Pipeline Integrity Program Management.

Frank Osburn, Director of Facility and Operational Records, will move from Engineering and Construction to the Pipeline Integrity organization. Frank will bring the Document Control Team, the Mapping Team, and the Project Completion Team, as well as be responsible for Operational Compliance (Meagan Bange) and the PHD / PDMS group under Larry Abbott. We believe this entire group is critical to Pipeline Safety and Integrity and will help ensure consistent strategies.

Max Brown, currently Director of Corrosion and Risk Management, will add Pipeline Integrity Program responsibilities to his role. Max will add Ronny Davenport, Mike Ames, and John Millar to his Corrosion / Pipeline Integrity organization. This group will be working closely with the ETS Area VP's and Region Directors to ensure our Pipeline Integrity initiatives are communicated and on track.

David Johnson will continue in the critical role as VP of Pipeline Safety, with Michael Crump as Director. The Pipeline Safety group will consist of Merlin Moseman, Pat Vaughan, and Lisa Choquette (RPT), with two Pipeline Safety Engineer vacancies currently open and posted.

Mike Nelson
VP Pipeline Integrity Program Management
713-345-5241


Utility's incentive program gets OK
Some East Idahoans will see rewards for reducing power use

The Associated Press

Following the lead of their counterparts in Oregon, Idaho regulators on
Friday approved a revised incentive program to convince customers of Utah
Power & Light Co. to scale back electricity usage.
The Public Utilities Commission approved a conservation program that rewards
customers reducing their monthly demand by 10 percent from a year ago by
reducing their bills by 10 percent.
PacifiCorp, which serves about 56,000 eastern Idaho customers through Utah
Power & Light, had originally proposed rewarding only customers who cut
demand by 20 percent with a 20 percent reduction in bills.
Significant curtailment in demand will reduce the amount of power the company
has to buy at exorbitant prices on the wholesale market.
But the commission, reinforced by environmental and consumer interests,
questioned whether any customers would be able to reach that level of energy
savings in a region where few have air conditioners.
It asked the utility for more information to justify that plan, and
PacifiCorp came back with the lower threshold for triggering the bill
reductions.
"Conservation gained through this program will benefit both the company and
its residential customers by reducing the company's reliance on power
purchases from the wholesale market," the commission said.
But the three members also said they were "still concerned that most
customers will find it difficult to achieve the 10 percent reduction."
Last month, the Oregon Public Utility Commission raised the same questions
about the 20 percent threshold for a bill reduction and eventually ordered
PacifiCorp to provide a 10 percent threshold as well.
The action followed a report that customers of PacifiCorp and Portland
General Electric, Oregon's two largest utilities, trimmed electricity use by
less than 4 percent during the first five months of this year despite
campaigns urging conservation.


The California Litigation weekly conference call scheduled for 2:00 p.m.
today has been cancelled.

Also, please note there will not be a call on Thursday, June 15.

Thank you.

Janette Elbertson
Enron Wholesale Services
Legal Department - EB3326
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
janette.elbertson@enron.com


TASK ASSIGNMENT

Status:		completed

Task Priority:		1
Task Due On:		5/9/2000
Task Start Date:


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I bought 5,000 units of Northern Border Partners at $39.56 with part of the
proceeds.  The roughly $975K is correct.  Thanks.  Any ideas on the cash?  I
was thinking about $800k in munis and $800k in S&P 500 index fund.  Your
thoughts.

"Hill, David " <David.Hill@morganstanley.com> on 05/19/2001 10:40:17 AM
To: "Stan Horton (E-mail)" <stanley.horton@enron.com>
cc:

Subject: Receipt of cash

We received the two deposits you expected this week. The amount of the
larger one was not the number you gave me. Take a look at client serve and
see if it is correct.

**** Important Notice to Recipients ****
It is important that you do not use e-mail to request, authorize or effect
the purchase or sale of any security or commodity, to send fund transfer
instructions, or to effect any other transactions.  Any such request,
orders, or instructions that you send will not be accepted and will not be
processed by Morgan Stanley.
****************************************


Hey, I, for some reason, just got your email.  Anyway,  I'll try to call you
later in the morning, but if you want to call me at work my # is
713-853-0472.  Talk to you soon.

Mat


Celeste,

Thanks a lot. Please, let us know whom you are willing to take based on the
campus interviews,
and I shall absorb the overflow. My experience with the Teams 1 & 3 is that
they are outstanding students
and we shall be able to offer them a fulfilling summer internship.

Last year we took 8 summer interns into research and all of them very happy
with the program.

Vince

Celeste Roberts
02/16/2001 10:28 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Jeffrey A Shankman/HOU/ECT@ECT, Michele Nezi Marvin/Enron
Communications@Enron Communications, Kristin Gandy/NA/Enron@Enron, Charlene
Jackson/Corp/Enron@ENRON, Jana Giovannini/HOU/ECT@ECT
Subject: Hiring of Wharton Tiger Teams members for summer associate positions
in Research

Vince:

Just want to confirm our conversation regarding your interest in the Wharton
Tiger Teams 1& 3 and your intent to hire interested members into the summer
associate program.  You stated that you could take all members into your
research group for the summer.  Kristin Gandy is now in the process of
obtaining from either you or members of your department the names of the
individuals on teams 1 & 3.  Some of these individuals may have interviewed
with us during the campus process.  If they did and were turned down by the
team for a summer position, we will not extend offers to those individuals.
Otherwise, if you are willing to take the additional Tiger Team Members into
your group based on the experience you and your staff have had in working
with these students, then the Associate Program will facilitate those offers.

At mid summer and the end of the summer, these Wharton MBAs' performance will
be evaluated and cross-calibrated with other summer associates to determine
whether they receive an offer to join the full-time Associate Program.
Offers will be given to those summer associate who achieve extremely high
performance ratings.

As soon as Kristin receives the names of these individuals and determines
which members did not already interview, she will get out both a verbal and
offer to them.

As follow-up, Jana Giovannini, Manager of Staffing in Career Development,
will staff those that accept our offer from this Tiger Team list into your
group for the summer.

Should you have any questions or concerns, please feel free to contact me.

Regards,
Celeste Roberts