Morris and Elaine are responsible for this area of the ETS world and as such
should be there and hopefully will know what this is about.     I have seen
nothing on this proposal and probably will not be available, as I have a PRC
on that date, out of the office.

Kim Pattison
12/12/2000 09:02 AM
To: Rod Hayslett/FGT/Enron@ENRON
cc: Morris Brassfield/OTS/Enron@ENRON, Elaine Concklin/ET&S/Enron@ENRON

Subject: Re: Stan Horton Meeting; Subject: Citizen's Project in Arizona (O&M
Service Proposal)

Rod,

Are you attending this meeting with Morris and Elaine or just yourself?

Thanks,

Kim
68301

Rod Hayslett

12/11/2000 04:21 PM
To: Morris Brassfield/OTS/Enron@ENRON, Elaine Concklin/ET&S/Enron@ENRON
cc: Kim Pattison/OTS/Enron@Enron

Subject: Stan Horton Meeting; Subject: Citizen's Project in Arizona (O&M
Service Proposal)

FYI
---------------------- Forwarded by Rod Hayslett/FGT/Enron on 12/11/2000
04:23 PM ---------------------------

Kim Pattison
12/11/2000 04:16 PM
To: Sarabeth Smith/OTS/Enron@ENRON, Don Hawkins/OTS/Enron@Enron, Phil
Lowry/OTS/Enron@ENRON, Donna Scott/FGT/Enron@ENRON, Julia
White/ET&S/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON, Rod
Hayslett/FGT/Enron@ENRON
cc: Amelia Alder/OTS/Enron@ENRON

Subject: Stan Horton Meeting; Subject: Citizen's Project in Arizona (O&M
Service Proposal)

A meeting concerning the above subject is schedule for 2pm with Stan Horton
on Thursday, December 14th.  Please try to arrange your schedules to attend,
as Stan's schedule is not flexible.

Please confirm your attendance by email or voice mail to me by tomorrow, so I
can provide Cindy Stark with a headcount.

Thank you so much!

Kim Pattison
68301


----- Forwarded by Mark Taylor/HOU/ECT on 02/26/2001 08:35 AM -----

	Lillian Carroll
	02/23/2001 02:31 PM

		 To: Tanya Rohauer/Enron@EnronXGate, Mark Taylor/HOU/ECT@ECT, Barbara N
Gray/HOU/ECT@ECT, Greg Brazaitis/HOU/ECT@ECT, Jim Coffey/HOU/ECT@ECT
		 cc: Lisa Lunz/Corp/Enron@ENRON, Saidia Matthews/NA/Enron@ENRON, Brian
Redmond/HOU/ECT@ECT
		 Subject: HPL/AEP Credit Issues Meeting

A meeting has been scheduled for Monday, February 26, @ 10:30 in EB3567 to
discuss HPL/AEP credit issues.  It is very important that you attend or send
a representative.  Please call Lillian if you are not able to attend,

Thank you.
Lillian Carroll
x37271


I think I still need the data sheet for this corp.  Thanks


Fortunately, some of us don't need 50 years to figure most of these things
out!

                THINGS THAT IT TOOK ME FIFTY YEARS TO LEARN
                                                            (by DAVE BARRY)

1. Never under any circumstances take a sleeping pill and a laxative on the
same night.

2. If you had to identify, in one word, the reason why the human race has not
achieved, and never will achieve, its full potential, that word would be
"meetings."

3. There is a very fine line between "hobby" and "mental illness."

4. People who want to share their religious views with you almost never want
you to share yours with them.

5. And when God, who created the entire universe with all of its glories,
decides to deliver a message to humanity, He WILL NOT use, as His
messenger, a person on cable TV with a bad hairstyle.

6. You should not confuse your career with your life.

7. No matter what happens ... somebody will find a way to take it too
seriously.

8. When trouble arises & things look bad, there is always one individual who
perceives a solution & is willing to take command. Very often, that person is
crazy.

9. Nobody cares if you can't dance well. Just get up and dance.

10. A person who is nice to you, but rude to the waiter, is not a nice person.

11. Never lick a steak knife.

12. Take out the fortune before you eat the cookie.

13. The one thing that unites all human beings, regardless of age, gender,
religion, economic status or ethnic background, is that, deep down inside, we
ALL believe that we are above average drivers.

14. You should never say anything to a woman that even remotely suggests that
you think she's pregnant unless you can see an actual baby emerging from her
at that moment.


Hello, everyone!
?
As those of you who were able to attend the RRG meeting on  March 23 may
recall, we received a number of suggestions that the Stage 2 work  process be
restructured to a more sequenced approach.? That is, in the near  term we
should focus on key critical path tasks and then return to additional  work
efforts once the critical path items have been more fully  developed.
?
In response to these suggestions, we have substantially  revised the RTO West
meeting calendar for the remainder of March and for the  entire month of
April.? The revised calendar has now been posted on the RTO  West Stage 2
Main Page, which you can view by clicking on the link  below:
?
http://208.55.67.64/Stage2Index.htm
?
Please note that this revised calendar for the most part
reflects?cancellations of meetings of work groups whose work has been
temporarily suspended.? The areas of primary focus for the near term are  the
congestion model and work on suspension of existing transmission agreements
among Filing Utilities and the corresponding transfer payments and conversion
of  rights.? Those working?in these areas may schedule additional meetings
in April as needed.? There will be?one additional area of work during  April,
which will involve taking an integrated approach to dealing with issues
around tort liability, commercial liability, and credit worthiness and
credit  risk.? Gary Dahlke sent out an e-mail?on this topic some weeks ago
to  the people who participated in the Stage 1 work on the Agreement
Limiting  Liability.? So far there are no scheduled meetings?for this
additional  work effort, but we expect there will be some meetings scheduled
during the  month of April.
?
Please be assured that the areas in which work is being  temporarily
suspended?will be addressed; it is just a matter of marshalling  everyone's
resources in the near term to the most critical tasks.
?
Thank you all very much for your helpful comments and  suggestions.
?
- Sarah Dennison-Leonard,
? on behalf of the RTO West Stage 2 Coordinating  Team


NOTE:  YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

You have been selected to participate in the Mid-Year 2000 Performance
Management process by providing meaningful feedback on specific employee(s)
that have been identified for you.  Your feedback plays an important role in
the performance management process, and your participation is very critical
to the success of Enron's Performance Management goals.

Please provide feedback on the employee(s) listed below by accessing the
Performance Management System (PEP) and completing an online feedback form as
described in the "Performance Management Quick Reference Guide".  You may
begin your feedback input immediately.  Please have all feedback forms
completed by the date noted below.

If you have any questions regarding PEP or your responsibility in the
process, please call the PEP Help Desk at the following numbers:

In the U.S.:  1-713-853-4777, Option 4
In Europe:  44-207-783-4040, Option 4
In Canada:  1-403-974-6724 (Canada employees only)

Or e-mail your questions to:  perfmgmt@enron.com

Thank you for your participation in this important process.

The following list of employees is a CUMULATIVE list of all feedback
requests, by operating company, that have an "OPEN" feedback status.  An
employee's name will no longer appear once you have completed the feedback
form and select the "SUBMIT" button in PEP.

Review Group: ENRON
Feedback Due Date: Jun 16, 2000

Employee Name                   Supervisor Name                 Date Selected
-------------                   ---------------                 -------------
BOWEN, ROBERT J                 JEFFERSON D SORENSON            May 19, 2000
CAMPOS, ANTHONY                 CONSTANCE  SUTTON               May 18, 2000
DAVIS, FRANK                    SHERI L THOMAS                  May 22, 2000
GILLETTE, LISA D                FRANK  DAVIS                    May 19, 2000
HARRELL, WILLIE L               JUDY E. BARNES                  May 19, 2000
JONES, TANA L                   MARK  TAYLOR                    May 23, 2000
MILLIGAN, ROBERTA M             MARK  TAYLOR                    May 25, 2000
MORAN, THOMAS                   WILLIAM S BRADFORD              May 25, 2000
ST. CLAIR, CAROL L              MARK  TAYLOR                    May 17, 2000


EFF_DT PORTFOLIO_ID DOWN95
2/6/01  MANAGEMENT-COAL 0
2/6/01  MANAGEMENT-CRD 360,036.
2/6/01  MANAGEMENT-GAS 1,365,573.
2/6/01  MANAGEMENT-PWR 168,943.
2/6/01  AGG-MANAGEMENT 1,445,176.


PEP - weekend support

For assistance with any PEP problems this weekend please contact the Houston
PEP Support desk on
 +1 713-853-4777 Option 4 for 24 hour assistance.


On 11/1/00, FERC Staff issued reports on its Investigation of Bulk Power
Markets in the Eastern Interconnection.  These reports were the result of a
Commission order earlier this summer.  Enron's Federal regulatory staff
(Christi, Charles Yeung, and Sarah Novosel) provided a great deal of
information for this investigation and Joe Hartsoe and Donna Fulton discussed
many of the problems with the grid with the new head of Staff, Scott Miller
(who recently joined FERC from PG&E Gen).    While the Commission is under no
obligation to take any of Staff's recommendations, the Commission typically
looks to Staff for guidance on transmission and market issues.  Importantly,
Staff concludes that the Commission should consider these options for the
Southeast and Midwest -- all of which Enron has been asking FERC to implement
for several years:

Reduce the advantages of network service over point to point service by
requiring that native load be served under the same tariff as other
transmission services to eliminate the current incentives that VIUs have to
favor their native load through the calculation of ATC and handling of
interconnection requests.

While the Staff Hotline is used productively, the Commission can direct Staff
to conduct formal investigations into entities that have a pattern of
complaints.

The Commission could require TPs to submit tariff provisions containing a pro
forma interconnection process specific to interconnection, rather than simply
relying on the Tennessee Power order that utilizes the OATT timelines and
procedures.

Require TPs to retain real-time transmission data on market functions
pertaining to daily load, internal generation to meet that load, and imports
and exports.

RTOs should submit the basis and methods for calculating ATC and TTC, as well
as standardized criteria for curtailment.  In addition, since even such
standardized criteria might not "get to the root of the problem" -- that
control area still control generation -- the Commission could require that
each RTO set a date certain by which it will create one control area.
Regardless of the implementation of these two options, the Commission could
standardize ATC and TTC methodology.

Staff finds that while electricity is a commodity with market characteristics
similar to many other commodities, it is still viewed as "different," with a
reaction of price caps.  Staff encourages that basic decisions about the
regulatory model be made in order to complete the transition from a
traditional cost-of-service model to a model that uses markets to price the
commodity and services.

DETAILS  (Also, the reports contain good summaries of the generation,
transmission, state retail, federal reg. and other issues for the region):

Midwest:  The Midwest is dominated by vertically integrated Transmission
Providers ("TPs") that control transmission, generation and load.  "As such,
they have weak economic incentives to provide access to transmission service
to third-parties and strong incentives to favor their own services."  Staff
received numerous complaints; however, due to the lack of information
available from TPs, Staff cannot conclude whether these are isolated
incidents or wide-spread.  At the very least, the complaints indicate a lack
of confidence in the bulk power market and the ability of market participants
to rely on transmission access, thus harming the liquidity of the market.

TLRs are the most important transmission issue in the Midwest, with an
"enormous" increase in 2000.  The region showed a decline in peak load from
1999 to 2000 and a growth in new generation since the 1998 price spikes.
Even though there was an increase in generation and mild weather with
virtually no price spikes, TLRs climbed to record numbers.  The TLRs were
highly concentrated:  only 5 flowgates account for 41% of ECAR TLRs and
another 5 flowgates in MAIN account for 42% in that region.  Notably, even
though the NERC procedures for Level 3 TLRs mandate transaction curtailment,
78 of the 191 TLRs in the Midwest do not show any curtailment amount.  The
total amount of relief that these curtailments are intended to produce are
not posted.  Staff notes that TLR rules are established by NERC, whose
procedures are voluntary and not enforced by penalties.  While the Commission
has required certain NERC standards and procedures to be placed in Open
Access Transmission Tariffs ("OATT") where the Commission has the power to
enforce provisions under the Federal Power Act, in practice the Commission
has generally deferred to NERC on transmission reliability questions,
including the propriety of TLRs.

TLRs inhibit optimal functioning of the transmission system and market
because load is not served by the least cost supplier.  TLR procedure is an
inefficient instrument in mitigating constraints -- curtailment by fiat.  In
addition, the NERC IDC can result in inappropriate curtailments or increased
loading on the affected flowgate.  The impact could be mitigated by one
control area per RTO.

Staff notes that the Midwest state commissions did not petition FERC for
price caps following the 1998 price spikes.  Some market participants believe
that the absence of price spikes is the single reason that NUG construction
increased in the Midwest.

Market participants must keep track of, and follow, a plethora of information
in order to make energy deals, submit reservations and provide schedules for
service.  Staff received many complaints about barriers to transmission
access, including TLR curtailments and a lack of standardized information and
protocols, particularly for ATC and interconnection requests, and
discriminatory conduct.  Unbelievably, key data was unavailable to Staff,
such coincident peak load data, system-wide snap shots for days when TLRs
were called, and import/export data.  This lack of data creates a market
inefficiency, because neither market participants nor regulators can fully
analyze market conditions in real time.  As such, the market is risk adverse,
eschewing long-term deals for short-term transactions.  Staff also noted that
because the Security Coordinators often work for the IOU, there is a mixed
incentive to enforce reliability on the grid and maximize profit for the
IOU.  (Staff cites Richard Tabors' paper, "Transmission Markets, Stretching
the Rules for Fun and Profit.")

Staff cites the lack of information on OASIS or on the NERC web site,
particularly about real time TLRs and curtailments.  Examples were provided
to Staff of transmission refusals when there were no TLRs posted and improper
implementation of TLRs causing substantial financial loss.

The currently proposed Midwest RTOs may mitigate some problems; however, all
three retain existing control areas with the favortism for generation and
native load.  These incentives will continue to remain until the RTO
exercises complete autonomy over transmission control and security
coordinator functions.  Staff notes that the Midwest is a balkanized region
of 61 control areas with no uniform method for calculating ATC and CBM.  The
result is that ATCs can be different on 2 different sides of an interface.
Staff notes examples in inaccurate ATCs and states that Staff's own ATC audit
this summer was consistent with market participant complaints.  Staff is
weighing follow-up options.  The result of these problems is a lack of
liquidity.

Staff next noted the problems with unfiled "business practices," especially
on the next hour market.  Staff's audit of OASIS sites revealed several areas
of non-compliance.

Information transparency is necessary for a market to function efficiently,
with equal and timely access to data, including ATC, CBM, TRM, and load flow
input data.  TPs have incentives to resist efforts to make this information
transparent because of native load.  This incentive will still exist under
RTOs if utilities are allowed to calculate their own ATC.  ***  "As a
consequence, the Commission may wish to eliminate the native load exemption
and have all transactions under the same tariff."  ***  The Commission could
benefit by having access to existing transmission data and should require the
TPs to retain data, including current real-time network status.

Interconnection Issues:  IPPs need to be compensated for VAR support.  Also,
Staff cites a number of Hotline complaints about TPs seeking large deposits
or failing to complete System Impact Studies timely.  One solution is to have
the RTO handle this function to eliminate the disincentive the utilities have
against IPPs.  The current practice of requiring IPPs to deal with a wide
variety of procedures inhibits the free flow of transactions within the
region.

Network service has inherent advantages over point-to-point, citing the
Entergy source and sink order.  The Commission has relied on "passively"
receiving informal and formal complaints to determine if discriminatory
behavior has occurred rather than actively canvassing market participants.
While Staff cannot conclude that discriminatory practices are widespread,
there is evidence of discriminatory instances.

Southeast:  The traditional vertically integrated utility ("VIU") model has
largely persisted in the SE.  This continued control has vastly reduced the
economic incentives to facilitate IPP activities.  In many cases, the VIUs
have dampened IPP involvement without violating any Commission regulation due
to the inherent flexibility of the current rules.

Staff cites examples of delays in performing system impact studies,
transmission hoarding in the name of serving native load growth and
manipulation of ATC.  TPs have shown little inclination to improve the
transmission system and use many TLRs.

There is also a lack of market information that has stymied the development
of markets in the SE.  ATCs change constantly that leads to uncertainty and
there is no clearinghouse for electric power prices.

TVA, despite having taken steps to participate in reformed markets, has acted
as a bulwark against the development of competitive energy markets in the
SE.  This is significant because of TVA's size and location.  IPPs have
reported TVA's discouragement of siting in TVA through excessive time to
perform studies, excessive fees, and rejection of requests to perform
interconnection studies.

In addition, Staff cites the Florida Sup. Ct. decision against merchant
plants as significantly impeding the competitive market in Florida.

Staff discusses the significant flow of power from the Midwest to the SE this
summer.  Much of this resulted from the import of cheaper coal power, than
the use of gas fired peakers due to higher gas prices.  Peak prices were
radically lower this summer because utilities appear to have been better
prepared for peak events through the use of forward contracts, increased
generation capacity on line and reduced number of forced outages.

SE utilities reported that they have not used market-based rates to
extensively increase sales.  (Less used than in the midwest.)

The SE region lacks information, which has retarded the Staff's efforts to
discern the truth about the numerous complaints about transmission in the SE
(including ATC and TLRs).  Market participants seem to have less confidence
in the SE market than in any other market region.  This appears to be
justified based on Staff's investigations.  This lack of confidence
discourages investment and participation in the markets.  Staff concludes
that the Commission may need to be more prescriptive in terms of how
transmission is allocated in the SE RTOs, since there are market concerns
that the incumbents will continue to dominate operations.  The investigation
found numerous problems in bad ATCs and TTCs and poor OASIS postings.  In
addition, several OASIS audit logs actually erased historical data.  Staff
thinks that additional affiliate transaction information should be posted.
Staff could not obtain summer demand data and the Commission's lack of
jurisdiction over TVA made it difficult to obtain transmission access
information.

The Staff investigation revealed unclear interconnection procedures and lack
of adherence to schedules and arbitrary cost estimates and deposits.  In
addition, the TPs have reserved a huge amount of network transmission
capacity, much of it reserved shortly after the IPP approached the TP to
interconnect.  Staff cites the recent Skygen order in which Southern denied
Skygen's request for transmission stating that the only option was the
construction of an 80 mile 500 kv line that would take 8 years to complete.
Staff solutions include allowing network requests by IPPs and limiting
self-build capacity in the incumbent's territory.

ATC variations are a big problem in the SE.  SERC coordination of a
standardized ATC is a long process and may not be resolved soon without
direction from the Commission.  An improved method and improved communication
are needed.

The SE experienced a 354% increase in TLRs this summer.  This increase raises
the issue of whether curtailment has become an impediment to the competitive
operation of the market in the SE.  Staff cites information provided by
Charles Y. that an Ameren TLR was not implemented according to NERC
criteria.  Staff also wonders if transmission is being oversold since TPs do
not generally refund transmission revenues when TLRs are implemented.  RTOs
must have a broad geographic area to internalize much of the constraints.  In
addition, RTOs will adopt pricing mechanisms that obviate recourse to TLRs.
However, if control areas are retained, VIUs will retain mixed incentives.

*** As noted in the Midwest report, the manner in which load is calculated
weighs heavily on the value of this information.  This is an issue that the
formation of RTOs may not resolve.  Eliminating native load exceptions -- ie,
treating all load equally -- and placing all transactions under the same
tariff may be an option that provides the right incentives for the provision
of transparent and standardized information.

Finally, Staff describes specific problems with TVA and FP&L, TVA is a
"problem area" for the Eastern Interconnect grid.  TVA is a transmission
bottleneck due to the many TLRs called this summer.  The current federal law
and lack of Commission jurisdiction are impediments to the development of
deep and robust power markets in this area.  TVA simply has no strong
incentive to provide effective and efficient transmission service.  In
addition, the Commission does not have full information on TVA.  Staff lists
a number of complaints against TVA, including unjustifiably increasing the
tag deadline and allowing TVA Marketing, but not others, to sink and park
power.  Staff concludes that recent proposals by TVA to enhance the
development of markets and its system do not appear to have great potential.

A Staff audit of FP&L revealed violations of standards of conduct, including
confidential information on FP&L's transmission system (including interchange
information for other entities) posted on EMS systems that were available to
FPL's merchant function.  Staff's report found that FP&L does not have an
established procedure for review of EMS to ensure that information is not
displayed in error.  It is "up to individual Managers discretion."  ((FRCC
web site report dated 9/8/00)).  Violations such as these undermine
competition.

The reports are attached below.

 - southeast.pdf
 - midwest.pdf


Cedric,

As a follow-up to our meeting,  below are a few comments and ideas regarding
the Net Works piece of the analyst presentation.

I know I sent you a lot of data and presentations, here are a few pages in
the various presentations that I think may be appropriate for the
presentation (or pieces of them) including:

? Why Enron?
? Recent Enron eCommerce Experience
? Lessons Learned
? Business Strategy
? Target Market Criteria
? Enron Today/Enron Tomorrow

Here are a couple of other thoughts and ideas.

We need to emphasize our new businesses outside the energy business
(obvious).  Clickpaper.com will be out and live just before the analyst
meetings.  This is very exciting and could take the industry by storm
(eventually).  Especially with Jeff,s comments with the analysts.  This
should be emphasized with the metals piece.  The concept is that here are 2
new areas where Enron is going to change the "old economy" businesses and
industries.  Clickpaper will have real time pricing which is different than
all the other 15 existing sites.  All of the others are charging 3% fees for
matching buyers and sellers in a bulletin board or auction type of
transactions. We will also have that functionality (and will charge 1% or $0
(we,ll update you later) but will also have an EOL type of real time pricing
component (this piece will be free).  This piece will not be ready for July
25th but will be announced publicly and in final development stages (should
be out by end of 3rd qtr.).  I believe that the link with Net Works with both
paper and metals is very important for providing a more complete picture than
just metals alone.  Also for your information, we are working on 2
acquisition deals that will be coming out soon, 1 is to buy a mill and could
be announced next week, which will also clarify and add to the story since we
will have access to physical pulp and paper.  Paper must be an important
piece of the presentation.  Greg Piper is the MD for Clickpaper and he can
answer any other questions and fill you in and answer more questions.  He can
be reached at ext. 36635.

Also, on the "Target Markets" page, I would reorder;  put Lumber underneath
pulp and paper and think about separating the others as potential markets.
That way we could actually check off the top 3 as "done" and the others are
in "incubation" and examination stages.

Please draft up your initial thoughts on these items and send me the latest
version and I,ll add additional commentary.  I will be in all next week.

Thanks,
mike


Please note the 2 day LC timing being negotiated with Chase by finance.
Should we alter our Paragraph 13 to modify the ISDA CSA timing for provision
of credit support when an LC is being provided?

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com
----- Forwarded by Mary Cook/HOU/ECT on 04/25/2001 09:25 AM -----

	Sarah Wesner/ENRON@enronXgate
	04/25/2001 08:20 AM

		 To: Joel Ephross/ENRON@enronXgate, dkeyes@velaw.com@SMTP@enronXgate,
tyates@velaw.com@SMTP@enronXgate, ealderden@velaw.com@SMTP@enronXgate, Mary
Cook/HOU/ECT@ECT
		 cc:
		 Subject: RE: LCs and ISDA

I received a message from Chase this morning that they will move the 5 days
to 2 days as long as their LC department is okay with it.  According to our
LC department, Chase is fine with it.  I am just waiting for the internal
parties to communicate this to one another within Chase but we can assume
that it will be 2 days.

 -----Original Message-----
From:  Ephross, Joel
Sent: Tuesday, April 24, 2001 6:14 PM
To: 'dkeyes@velaw.com'; 'tyates@velaw.com'; 'ealderden@velaw.com';
Wesner-Soong, Sarah; Cook, Mary
Subject: FW: LCs and ISDA

Hi Mary. Thanks for the info. The attachment to the ISDA appears to be
weighted against Enron [for instance, the 30 day provision in the force
majeur provision], and in fact contains some provisions that I was trying to
invalidate in drafting the LC Reimbursement Agreement. I will need to review
some of the other references tonight. Can we make the form of LC more Enron
friendly?

Will need to discuss timing at more length. Here, the Issuer is Chase -- NY.
We should discuss whether we can vary the standard -- I do not think we can
count on obtaining next day issuance in the documentation [Chase may waive
requirement in their discretion]. We are trying to obtain 2 day issuance now,
but please realize that the initial bid from Chase is 5 days.

 -----Original Message-----
From:  Cook, Mary
Sent: Tuesday, April 24, 2001 4:42 PM
To: Ephross, Joel
Subject: LCs and ISDA

 << File: isdacsa(02-14-01).doc >> See end of attachment Letter of Credit
Provisions and Form.

Timing requirement for transfer of LC for margin under our standard time
frame does not vary from the ISDA form which is:

if collateral demand is made by "Notification Time" (10:00 am NY time) then
cash or LC must be delivered by close of business on the next Local Business
Day, if after Notification Time then cash or LC must be delivered by close
of  second Local Business Day.  Local Business Day for this purpose is a day
on which commercial banks are open for business in the place of the "relevant
account."  Relevant account should be considered to mean the place of the
issuer.

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com


I received the fax.  Can you send them a firm contract because we I don't
think we are going to do business with them unless they sign it


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 05/12/2000
08:34 AM ---------------------------

"Joe Hernandez" <jh306@netzero.net> on 05/11/2000 10:18:03 PM
To: <judy.hernandez@enron.com>
cc:
Subject: Fw: Good friends

----- Original Message -----
From: "Corrigeux, Rafael B" <Rafael.Corrigeux@bakerhughes.com>
To: <jh306@netzero.net>
Sent: Thursday, May 11, 2000 11:49 AM
Subject: FW: Good friends

>
> -----Original Message-----
> From: Ruffin, Howard
> Sent: Wednesday, May 10, 2000 8:50 AM
> To: Corrigeux, Rafael B
> Subject: FW: Good friends
>
>
>
>
>
> Howard Ruffin@Bakeroiltool
> Emmott Rd. Ext:2639
>
>
> -----Original Message-----
> From: Benny Chavez [mailto:IRONWOLF@ev1.net]
> Sent: Saturday, May 06, 2000 2:56 PM
> To: Victor; Rollie; Queta; Phillip; Kenneth; Jonathan; Joe; Jerry; Howard;
> Corina; Chuck; Cari; Anna; Ashlie; Brother; Abundio
> Subject: Good friends
>
>
>
>

 - goodfriends.jpg


- EOTT TX NM Tks


I've emailed you after both of your messages.  Did you fail to get them.  Let
me know.

Kevin


Heather:  can you proof this and get this ready?   Thanks.


Jeff - did you:
1) okay this for Cynthia to ticket already?
2) need the seat assignments for Prentice's booking?

I'm not sure what you've done here on your own.

Joseph
---------------------- Forwarded by Joseph Alamo/NA/Enron on 07/30/2001 02:34 PM ---------------------------

Cynthia Biggs <cynthia.biggs@travelpark.com> on 07/30/2001 02:13:43 PM
To:	"'jeff.dasovich@enron.com'" <jeff.dasovich@enron.com>
cc:	"'joseph.alamo@enron.com'" <joseph.alamo@enron.com>

Subject:	review and approve jeff dasovich 2aug travel - must ticket today 	for fare

                                          AGENT CB/CB BOOKING REF Y8T96W

                                          DASOVICH/JEFF
                                          ENRON CORP
                                          101 CALIFORNIA ST STE 1950
  ENRON CORP                              SAN FRANCISCO CA 94111
                                          MAIL ETKT RCPT

  DATE:  JUL 30 2001

SERVICE               DATE  FROM           TO             DEPART  ARRIVE

UNITED AIRLINES       02AUG SAN F CA       NEW YORK NY    915A    549P
UA 862     B          THU   SAN FRANCISCO  JOHN F KENNEDY
           NON SMOKING      TERMINAL N     TERMINAL 6
                            BREAKFAST/SNACK               NON STOP
                            RESERVATION CONFIRMED         5:34 DURATION
                  AIRCRAFT: BOEING 767-200/200ER
                            SEAT 16E NO SMOKING CONFIRMED DASOVICH/JEFF(I
                          AISLE SEAT CONFIRMED

HOTEL                 02AUG W HOTEL NEW YORK
                      05AUG 541 LEXINGTON AVENUE
                            NEW YORK, NY 10022
                            UNITED STATES OF AMERICA
                            TELEPHONE: 212-755-1200
                            FAX: 212-319-8344
                            TELEX: NONE
                            CONFIRMATION: C575237015
                            REFERENCE: C1QENR
                            DOUBLE ROOM QUEEN SIZE BED
                            RATE: ENR USD 269.00 PER NIGHT
                            GUARANTEE GIVEN
                            ENRON RATE NON SMKNG
             TO AVOID BILLING CANCEL 24HRS PRIOR TO ARRIVAL.

UNITED AIRLINES       05AUG NEW YORK NY    SAN F CA       415P    731P
UA 5       B          SUN   JOHN F KENNEDY SAN FRANCISCO
           NON SMOKING      TERMINAL 6     TERMINAL N
                            DINNER                        NON STOP
                            RESERVATION CONFIRMED         6:16 DURATION
                  AIRCRAFT: BOEING 767-200/200ER
                            SEAT 22B NO SMOKING CONFIRMED DASOVICH/JEFF(I
                          AISLE SEAT CONFIRMED

MISCELLANEOUS         03DEC HOUSTON TX
                      MON   ** THANK YOU FOR USING THE TAP **

RESERVATION NUMBER(S)  UA/LMF96O

DASOVICH/JEFF  S0C0011R1000

UA  FREQUENT FLYER UA369321854
*******************************************
INTL TVLRS: CARRY SOS WALLET CARD W/ENRON ASSISTANCE INFO
CALL SOS MEDICAL EMERGENCY:IN U.S 800 523-6586
CALL SOS MEDICAL EMERGENCY:INTL 215 245-4707 (COLLECT)
*********************************************
HADV THE AIRLINE OF YOUR FREQUENT FLYER NUMBER
THIS IS THE PASSENGER RECEIPT FOR YOUR ELECTRONIC TICKET.
PLEASE CHECK-IN WITH PHOTO IDENTIFICATION AND WITH
EITHER (1) THIS RECEIPT OR (2) YOUR CONFIRMATION NUMBER.
YOUR ETKT CONFIRMATION NUMBER IS: LMF96O
***************************************************
TICKET PRICE IS 1636.80 ROUNDTRIP REFUNDABLE
THIS IS AN ADVANCE PURCHASE FARE THAT REQUIRES
TRAVEL ON THESE SPECIFIC DATES AND FLIGHTS.
CHANGES ARE SUBJECT TO AVAILABILITY AND REQUIRE
AT LEAST 3 DAYS ADVANCE NOTICE
ALL FARES ARE SUBJECT TO CHANGE UNTIL TICKETED/PURCHASED


Hey Everyone ,

I know you may not be aware that Boss's Day OCT.16,2000
We will celebrate as a group in the staff meeting on Oct.19th,
with the Big Boss Vince Kaminski and all the others , however ,
if you would like to do something special for our Boss, please
inform me whereby I can make arrangements.

                                       Thanks
                                 Kevin Moore


Hi Chris,

Happy New Year.  Hope all is going well with you.  We miss you!

I heard a rumor that the UI deal had an asset management aspect to it.  The
guys around here are kicking around some different asset management ideas, so
I'm trying to get my hands on any docs which might give some insight into
some  different approaches.  Do you have anything you can email me?

Thanks,

Kay


The report named: NG - PROPT P/L <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=11&report_name=NG+-+PROPT+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=10/05/2001>, published as of 10/05/2001 is now available for viewing on the website.


Robert,

We'll take a look at this too and get back with you.

Mark

-----Original Message-----
From: Proffitt, Robert [mailto:Robert_Proffitt@kindermorgan.com]
Sent: Thursday, October 25, 2001 2:03 PM
To: Matney, David; McConnell, Mark
Cc: Watson, Kimberly
Subject: Transpecos

Dave,
	Using the numbers we have today and the Pemex volume of 240/day @
$0.25 as we have noted does not get KM to where we would want to be.  I
layered on an additional 5 year commitment on the 240/day to cover some of
the gap but we were still short of targets.  I then modified the debt term
to 20 years which should be acceptable as the project would be supported for
that length by the extended term and that covers an additional portion of
the gap.

	However, we are still short of our target and my calculations
indicate a need to have 22/day @ $0.25 starting in year 3 and lasting
through year 20 to make up the difference.  In the alternative, a rate of
$0.267 with the 20 year term and 20 year debt note also gets us there.  All
in all, neither one is that big of a hill to climb so we know what we are
looking at.

Mark,
	Could you review from TW's perspective and see if you come up with
numbers in the same ball park?

Robert Proffitt
Business Development
Natural Gas Pipeline Co
Phone:  713-369-8856
Fax:  713-369-9365


Dear Power Outage Database Customer,

Attached you will find an excel document. The outage contained within is
a forced outage. Your daily delivery will still contain this outage. Any
questions please let me know. Thanks.

Greg Elliott
IIR, Inc.
713-783-5147 x 3481
outages@industrialinfo.com

THE INFORMATION CONTAINED IN THIS E-MAIL IS LEGALLY PRIVILEGED AND
CONFIDENTIAL
INFORMATION INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED
ABOVE.  YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION, OR
COPY OF THIS E-MAIL TO UNAUTHORIZED ENTITIES IS STRICTLY PROHIBITED. IF
YOU HAVE RECEIVED THIS E-MAIL IN ERROR, PLEASE DELETE IT.

 - OUTAGE.dbf
 - 012502.xls


FYI
----- Forwarded by Mark E Haedicke/HOU/ECT on 11/08/2000 04:58 PM -----

	David W Delainey
	10/20/2000 01:05 PM

		 To: Mark E Haedicke/HOU/ECT@ECT
		 cc: Wes Colwell/HOU/ECT@ECT
		 Subject: 2001 Allocations

Mark, I am not completely sure what the other groups want to do; however,
assuming a fixed amount of the "internal" legal costs are fairly represented
by this allocation as ENA's "capacity" charge, you are correct.  This number
will be in the P/L under your name.  The "outside" legal costs should be
tracked and controlled and carried at the business unit (by deal) level.   I
need an estimate of the quarterly "capacity charge" for ENA and an estimate
of outside legal costs by business unit.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 10/20/2000
12:57 PM ---------------------------
From: Mark E Haedicke on 10/20/2000 10:06 AM
To: David W Delainey/HOU/ECT@ECT
cc: Wes Colwell/HOU/ECT@ECT
Subject: 2001 Allocations

Dave:

I have attached the "time allocations" (which are used for inside costs only)
by attorney to the various business groups.  We can derive the percentage of
total legal department inside costs from this chart, in order to calculate
the capacity charge, for ENA and the other wholesale groups and ENW.  We had
used this chart to bill back to the various business units within ENA, but we
will stop doing that now per our conversation.  Are you in agreement?

Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 10/20/2000 09:17 AM -----

	Deb Korkmas
	10/20/2000 08:53 AM

		 To: Mark E Haedicke/HOU/ECT@ECT
		 cc:
		 Subject: 2001 Allocations

See attached per your request.  Deb

Deb Korkmas
Enron North America Corp.
ENA Legal Dept.
1400 Smith Street, Room 3819
Houston, TX  77002
Phone:  713-853-5448
Fax:  713-646-3393


Patricia,

John Postlethwaite's start date in Portland will be May 25, 2001. He has used
40 hrs. of vacation in 2001 and therefore will carryover 80 hrs. of vacation
to Portland. Please let me know if you have any questions.

Regards
Frank
 -----Original Message-----
From:  Henry, Patricia
Sent: Wednesday, May 09, 2001 11:52 AM
To: De Jesus, Frank
Cc: Doucet, Dawn
Subject: John Postlethwaite transfer to Portland

Hi Frank.   Do you know the date that John's transfer is effective?   Will
you please let us know once you have a firm date so we can take him off
Canadian payroll and SAP.

Thanks,

Tricia Henry
Canada HR
Tel: (403) 974-6936


Peter,

i just wanted to confirm the trade that i just executed on EOL where NJR
Energy Services buys 10,000/day Henry Hub Phys @ $6.60 for the Dec00 days 5
thru 31 is to be changed to a Gas Daily Swap at the hub for the same time
period and volume and price.

Thanks

Stephen Westhoven
Director Energy Trading

NJR Energy Services
1415 Wyckoff Rd
Wall NJ 17719
pho# (732) 938-1261
fax# (732) 919-8118
?


Did I write you back?

Everything is going well here.  I like the work a lot, and I have some nice
clients.  I can't wait for Carlos to get here, though.

I went to Izzo's going away reception last week.  Boy, there are a lot of new
faces over there.

In in New York the rest of the week.  Maybe next week.  I hope you keep baby
pictures with you at all times!

Kay

Andrew Ralston@EES
01/26/2001 01:21 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject:

Kay,

How is everything going? I hear you are again working with Carlos.
Congratulate him for me.

Are you free for lunch on Thursday or Friday next week?    I still have to
show you some baby pictures of Reagan.

Andrew


Also, there is 5000/day of Leach to BG&E space at max rate for a term of
11/1/99 - 4/30/01.  Is this considered retail or wholesale?
I don't see any matching CGLG space to go with it.  Is that correct?

---------------------- Forwarded by Chris Germany/HOU/ECT on 01/11/2000 09:14
PM ---------------------------

Chris Germany
01/10/2000 08:01 PM
To: pdrexel@columbiaenergygroup.com @ ENRON, nbartlo@columbiaenergygroup.com
cc: Dan Junek/HOU/ECT@ECT, Mark Breese/HOU/ECT@ECT
Subject: CGAS k#62039

Contract 62039 was replace with contract 65402.  It's 20,000 day with a
primary receipt of Maumee and a primary delivery of COH.  The term is 11/1/99
- 10/31/2000.  Should I bill the retail group for this contract or does this
belong to wholesale??  Also, I'm showing a demand charge of $.15.


Good morning... There is NO issue on your e-mail that is going to get in the way of Family issues... so don't worry about that. Don't knee cap the band because you guys owe me $ 4,000.00.  I was just checking on what your decision was... keep me posted.

BT

-----Original Message-----
From: Rockin' Highliners [mailto:info@rockinhighliners.com]
Sent: Wednesday, September 26, 2001 8:28 AM
To: Tycholiz, Barry
Cc: Barry and Kim Tycholiz
Subject: FW: Payments

 Well, I am glad you made it home from Denver. It must have been a little hairy around there Sept. 11. Were you in the air already or just getting ready to leave when it all happened. Does any of this change you plans for Xmas?

We have not made a decision yet. The reason for that is, we can't make a 'good' decision until we know whether we will get to the U.S. or not for the tour. It is that up in the air. If things work out for the worst, we will not recover from this and will be forced to sell the van. It will be the end of the band obviously. Hopeful y that will not happen. My problem is that I don't want o get in any situation that might cause you and I any problems. This business that you and I do together is for the band. The band is just not that important to let it get in the way of family. I won't let it get in the way of Michele and I ..........so. I just want to make a good decision on this. I( guess for you it does not make too much difference either way, does it? I mean either you will get the balance paid or a payment in November. Sorry I did not get back to you about it, it's just that I really didn't have an answer. How's Kim. I guess you know Marge got a dog.
-----Original Message-----
From: Barry & Kim Tycholiz [mailto:ktycholiz@houston.rr.com]
Sent: Tuesday, September 25, 2001 10:13 PM
To: Rockin' Highliners
Subject: Payments

I never heard back from you guys.. what did you decide to do?  Are you going to sell the van or defer the payments for the next couple of months.

Let me know...

BT


Hi Everyone,

You may recall that on the Feb 2001 notification report, there were several
PG&E entities with name changes to El Paso.  There were also 3 Teco
conversions.    It was noted on the report that there was no documentation
for the changes.  We have received documentation for 3 of the entities and
they are attached below.  The rest have been requested from El Paso's
Corporate Secretary's office and will be forwarded upon receipt.

 - PG&E EnerTraHoldCorp to EPGT TradHold.pdf
 - PG&E Tx VGM to EPGT Tx VGM, LP.pdf
 - Teco Gas Marketing LLC.pdf
 - Teco Gas Mktg Co to Teco Gas Mktg LLC.pdf

Thanks,

Cheryl x33103


Chris,  Attached is the form of Professional Services Agreement to be used
for Power Engineers.  I am assuming Power Engineers has no existing agreement
with any other Enron entity.  We should ask them if this is the case.  The
rate sheet they provided would be attached as Exhibit B.  Please review.  I
am ok to forward this to Power Engineers for their review.


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


Amy - This is a copy of the job description you sent out to the floor when I
took the Deal Control position. I've modified it slightly to reflect some of
my own observations of the position.

There is a position available in Deal Control, reporting to Jeff Richter and
the Short Term California desk. If you're interested in applying, please
contact Amy FitzPatrick by (INSERT DATE HERE).

Following is a summary of the responsibilities associated with this position:

To facilitate the entry of West Power deals, including short term and long
term desks and the services desk, into the trading systems.
Follow-up with Deal Clearing Settlements groups in Houston to verify accuracy
of trades in the system.  This includes timely follow-up with the traders for
clarification.
Ensure that all trades are entered by a daily deadline.
Calculate and report weighted averages of daily price and volume to Dow Jones.
Prepare and distribute daily reports to ensure all books are balanced and
report discrepancies to management.
Track and report daily and monthly error discrepancies to management and
deliver reports for possible solutions to rectify errors.
Calculate weighted averages between brokered trades and trades executed
through Enron OnLine and the Intercontinental Exchange.
Report any technical mishaps to appropriate personnel in Houston and track
computer problems until demonstrated resolutions.
Test any updated versions of applications requested by programmers and report
back any adjustments needed.

The most important attributes one must possess to succeed in this position
are persistance and a positive attitude. Working knowledge of Microsoft Excel
is essential, as is a general software aptitude.

How does that sound? Let me know if you need more.

Thanks,
Kate


Online Auction benefiting March of Dimes

Wednesday, April 25 and Thursday, April 26
Auction opens promptly at 9:00 a.m. on Wednesday and closes Thursday at 4:00
p.m.

To make your bid, click on:
http://my.home.enron.com  or
http://ecweb05e.enron.net/apps/auction.nsf/

Great items to bid on. 100% of proceeds benefiting March of Dimes. Don't miss
out!


I'm coming up on the 8th for the ceremony.... I got the air tickets
yesterday.... I am arriving in Baltimore at noon and driving down to DC......
I need directions from BWI to the air base I guess.   As far as
accomidations,,, just let me know????

giddy up!

MC


charlene cerridwen
104 e 4th street
brooklyn, NY 11218
charl_cer@hotmail.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

charlene cerridwen


Further to our discussions, please find attached for your review drafts of
the following documents:

1.  ISDA schedule regarding the ISDA Master between ECC and Swapco
2.  ISDA schedule regarding the ISDA Master between ECC and RBC
3.  Enron Corp. guarantee regarding the ISDA Master between ECC and Swapco
4.  Enron Corp. in-house counsel opinion regarding due authorization and
execution re: above guarantee
5.  Enron Corp. guarantee regarding the ISDA Master between ECC and RBC
6.  Enron Corp. in-house counsel opinion regarding due authorization and
execution re: above guarantee

The three confirmations will follow shortly, as we are working out a few
minor commercial issues.  I will send them to you as soon as possible.

Please be advised that the form and content of the Enron in-house counsel
opinions enclosed are non-negotiable.  The opinions of Blake Cassels will be
provided to you directly by Warren Nishimura.  As well, the Enron Corp.
opinion to be provided by Vinson & Elkins will follow in due course.  We
confirm that Macleod Dixon will be providing an opinion regarding Swapco but
that Enron will not require an opinion from Macleod Dixon as to RBC.

My understanding of the currently outstanding issues relating to this
transaction are as follows:

1.  Increased cost/change in law indemnification
2.  Swapco using its best efforts to replace lendor in the event of
illegality (ie. no ECC obligation)
3.  Calculation of optional pre-payment amounts
4.  Incorporation of syndication language, including pricing changes
resulting from syndication, into the Schedule to the interest rate swap

We look forward to receiving your comments on these documents at your
earliest convenience.

Greg Johnston
Senior Counsel
Enron Canada Corp.

ISDA Schedules

Guarantees

In-House Opinions


What's up with the ads for the NY times, WSJ, and FT?  (Crude and product
traders)

Jeff


I need the name of the other party involved in Ft Pierce so that John can
clear conflicts.

From: Ben Jacoby/ENRON@enronXgate on 06/01/2001 12:24 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: Midway

Can we assume this will also cover Ft. Pierce?

 -----Original Message-----
From:  Mann, Kay
Sent: Friday, June 01, 2001 10:09 AM
To: jkeffer@kslaw.com; Jacoby, Ben
Subject: Midway

Mark Haedicke approved the hiring of King & Spalding for this matter.  I will
drop Mr. Derrick a voice mail, but I would faint if he objected.

John, we need to talk about the sale of the LLC, and the generation of a
draft doc re same.  Please let me know if you are available today to discuss
this transaction with Sr. Jacoby and me.  Additionally, it would be helpful
to discuss the tolling arrangement with Ken.

Thanks,

Kay


As I'm sure you're all aware, it took the group a day or two to hit its stride after EOL was launched on Aug. 20. We have already received approximately 30 disputes filed by various counterparties regarding deals that flowed on the 20th and 21st. Many of these will be especially difficult to settle correctly given the fact there is virtually no documentation or information to be found regarding the original deal. Some deals done on EOL were altered; other bilateral trades were simply zeroed out; and still others exist only in the Inc sheets.

This situation outlines the extreme importance of documenting changes in deals as they're being made. If you have reason to zero out a trade done by an earlier shift, or to alter a trade executed online, please convey that reason. Some suggestions:

1. If you have a notebook, and use it, please enter the date on the top of the page every time you start a shift. Without that, your notes are pretty much worthless.

2. Type a short note into the Scheduling Comments section of deals you zero out or change, especially if you're changing them much later than the time they were entered.

3. Use the superfluity of spreadsheets, discussion databases, reports, Enpower applications, cut sheets, and other pieces of paper available to the Real Time group as evidence of your activity while on shift.

If this sounds unreasonable, I would welcome suggestions for an alternative. Thanks for your help.

Kate

Kate Symes
Real Time Trading Support
Office/503-464-7744
Cell/503-819-2181
Fax/503-464-7996


Let's talk.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 07/27/2000 06:42 PM -----

	Dale Neuner
	07/27/2000 02:04 PM

		 To: Sara Shackleton/HOU/ECT@ECT, William Stuart/HOU/ECT@ECT, Rudi
Zipter/HOU/ECT@ECT, Matthew Adams/Corp/Enron@ENRON
		 cc:
		 Subject: FX Product Description

Here's my stab at the Product Long Description.

Sara - please review and offer your comments.

RAC - I need a Sigma Factor, please.

William - I have built a test Product in the Product Manager and it appears
to have worked okay. I have asked David Forster to review the description as
well as the attributes that I built in TEST. I will begin to build this in
Production once I have his and Sara's sign-off. David will also be checking
on the issue that I mentioned to you about the number of characters that can
be put in the Volume and Price feilds in the Stack Manager. This is the one
thing that could really hold up the process, so we may want to think about
alternatives (such as trading in 10,000 increments - so that 5 means 50,000;
50 means 500,000; etc)

Jennifer Denney will be contacting Clara Carrington to talk to her about how
Clara will see trades come over in the EOL Bridge Monitor.

Things are progessing relatively well so far, with the exception of the issue
of the character limitation.

Dale


Here is a spreadsheet of the counterparties who own generation in NY.  You can sort by counterparty or zone.

 -----Original Message-----
From: 	Irani, Eric
Sent:	Thursday, September 27, 2001 9:03 AM
To:	Politis, Nick; Wheeler, Rob
Subject:	NY generation

Here is a chart of existing generation in NY as of Jan. 1, 2001.  The chart to the right can be used to sort and filter.


ben - greetings.

thanx for your time on the phone during the day.

per your request, the attached letters reflect the re-drafting done to pick
up your's, kay mann's, david bargainer's, dan shultz's and brian barto's
recent comments/concerns.

the invoice for delay LDs will be in the amount of $710k (from 2sep00 thru
18oct; i.e., date of letters) will be provided to you by separate email
tomorrow.

we understand that a meeting with westinghouse's mark tartaglio will take
place next week.  as needed, we are prepared to attend and support you in
that meeting.

plz call with any questions.

regards.  scott.


FYI.
----- Forwarded by Leslie Lawner/NA/Enron on 01/24/2001 09:01 AM -----

	MBD <MDay@GMSSR.com>
	01/23/2001 04:55 PM

		 To: "'Leslie.Lawner@enron.com'" <Leslie.Lawner@enron.com>
		 cc:
		 Subject: FW: Response of CIG/CMTA in Opp. to Emer. Pet. of ORA & TURN A.92
-12-043

Leslie, here is the Cal Manufacters & Tech Assn response.  They agree with
the insufficient compensation argument you outlined.  Mike

-----Original Message-----
From: Jody Smith [mailto:JSMITH@SABLAW.COM]
Sent: Monday, January 22, 2001 1:27 PM
To: epoole@adplaw.com; eke@aelaw.com; pjpowerlaw@aol.com;
johnj@bradyberliner.com; craigc@calpine.com; pmoritzburke@cera.com;
kmills@cfbf.com; slins@ci.glendale.ca.us; ed@clfp.com; alb@cpuc.ca.gov;
ang@cpuc.ca.gov; awp@cpuc.ca.gov; cmw@cpuc.ca.gov; hsy@cpuc.ca.gov;
hym@cpuc.ca.gov; mer@cpuc.ca.gov; nfw@cpuc.ca.gov; plg@cpuc.ca.gov;
ppm@cpuc.ca.gov; rab@cpuc.ca.gov; rls@cpuc.ca.gov; rmp@cpuc.ca.gov;
sbs@cpuc.ca.gov; sjf@cpuc.ca.gov; tah@cpuc.ca.gov;
tomb@crossborderenergy.com; burkee@cts.com; cabaker@duke-energy.com;
lindseyhowdowning@dwt.com; bjeider@earthlink.net; ceyap@earthlink.net;
lyn_hebert@emnrdsf.state.nm.us; cmkehrein@ems-ca.com;
askaff@energy-law-group.com; jtachera@energy.state.ca.us;
lmh@eslawfirm.com; jmct@gmssr.com; jsqueri@gmssr.com; mday@gmssr.com;
igsinc@ix.netcom.com; bill@jbsenergy.com; ewo@jmbm.com;
napedersen@jonesday.com; dws@keywaycorp.com; bloomje@la.whitecase.com;
JOHNSONPAMELA@LACOE.EDU; chilen@llgm.com; jleslie@luce.com;
paulpremo@msn.com; bradylaw@pacbell.net; dcanning@pacent.com;
pgg4@pge.com; charles_doering@rmiinc.com; ron_oechsler@rmiinc.com;
porterdk@sce.com; dgilmore@sempra.com; mward@sempra.com; scohn@smud.org;
RochmanM@spurr.org; bfinkelstein@turn.org; mflorio@turn.org;
nge@value.net; mark.c.moench@wgp.twc.com
Subject: Response of CIG/CMTA in Opp. to Emer. Pet. of ORA & TURN
A.92-12-043

Attached in Word is the Response of CIG/CMTA in Opposition to the Emergency
Petition of ORA and TURN. A.92-12-043, et al.

Jody Smith
Sutherland Asbill & Brennan LLP
1275 Pennsylvania Avenue
Washington, DC  20004
202.383.0113
202.637.3593 Fax

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

The information contained in this message from
Sutherland Asbill & Brennan LLP and any attachments
is confidential and intended only for the named
recipient(s).  If you have received this message
in error, you are prohibited from copying,
distributing or using the information.  Please
contact the sender immediately by return email
and delete the original message.

 - WO_1863_1.DOC


Jeff - my reply to Teece

David:

I will be pleased to sign and endorse the manifesto.  However, I am
troubled by three points.

First - there is no mention of further deregulation of the market as
regards distributed generation.  I know this hurts the incumbent utilities
- and that may create problems for some members.  However, I think the only
way  to get large consumers to buy in.  Further, it is essential to make
deregulation really work.

Second - the natural gas issue is not mentioned.  Yet natural gas is part
of the problem.

Third - the manifesto is far too long.  I would suggest that it needs to be
cut to two pages - or preferably 800 words.  I know this is short - but
short pieces get attention.  For example, my Sept 13 op ed in the NY Times
got oil released from the SPR.  We have the content - now we need the red
pen.

Phil


Thanks. Hopefully we will have some sort of official statement today to restore confidence. Tough situation. Rick

 -----Original Message-----
From: 	Shankman, Jeffrey A.
Sent:	Thursday, October 25, 2001 9:11 AM
To:	Bradford, William S.; Buy, Rick
Cc:	Whalley, Greg
Subject:

Guys,

As of this morning, these are the counterparties that are not trading with us:

BHP Billiton--no coal, yes vessels

Koch-generally no crude and products, but they have traded some small weather products.

Shell  (Stasco, Equiva)--no trades

Bank of Montreal--no trades  (started several weeks ago)

Phibro--appear to be no trades, but hard to confirm

BP--no trades.

Diamond Shamrock has a very small spread position on with us, and asked us to find someone to stand between.

Sempra is looking at their exposure to us in physical products, and asking questions about our docs.

Innogy--In Europe, no longer trading weather with us.

ICE--The Majors have cut us off.

More info to follow as discovered.

Jeff


---------------------- Forwarded by David W Delainey/HOU/ECT on 07/24/2000
07:33 PM ---------------------------

	From:  David W Delainey @ ENRON                           07/19/2000 03:12 PM

Sent by: Beverly Stephens@ENRON
To: John J Lavorato/Corp/Enron@Enron, Jean Mrha/NA/Enron@Enron, Jeff
Donahue/HOU/ECT@ECT, Timothy J Detmering/HOU/ECT@ECT, Wes
Colwell/HOU/ECT@ECT, Michael C Bilberry/HOU/ECT@ECT, Patrick
Wade/HOU/ECT@ECT, James Coffey/ENRON@Gateway, Brian Redmond/HOU/ECT@ECT, Todd
Busby/NA/Enron@Enron
cc: Kimberly Hillis/HOU/ECT@ect, Melissa Jones/NA/Enron@ENRON, Marsha
Schiller/HOU/ECT@ECT, Susan Fallon/Corp/Enron@ENRON, Shirley
Tijerina/Corp/Enron@ENRON, Lisa Lunz/Corp/Enron@ENRON, Lillian
Carroll/HOU/ECT@ECT (bcc: David W Delainey/HOU/ECT)
Subject: Triple Lutz and Trantula Meeting

There will be a meeting on Wednesday, August 2, 2000 from 9:00 am until 10:00
am in Conference Room EB3321.  We will be discussing the Triple Lutz and
Trantula Projects.  I will look forward to seeing you there.

Thanks
Please mark your calendars for the following meeting:

  DATE:    AUGUST 2, 2000
  TIME:     9:00am - 10:00 am
  PLACE:    EB3321
  DISCUSSION TOPICS:  PROJECT TRIPLE LUTZ
       PROJECT TRANTULA

I will look forward to seeing you there.

Thanks.