Do you folks want us to monitor the holding company case, or file an
appearance for Enron?  let us know. Mike
-----Original Message-----
From: ALJ Temp1 [mailto:t93@cpuc.ca.gov]
Sent: Wednesday, April 11, 2001 3:15 PM
To: 'ConsumersFirst@worldnet.att.net'; 'DavoodiKR@efaches.navfac.navy.mil';
'Gabriel.Vivas@asm.ca.gov'; 'JDASOVIC@EES.ENRON.';
'LKristov@energy.state.ca.us'; 'Rsperberg@onsitesycom.com';
'Slayman@energy.state.ca.us'; 'abb@eslawfirm.com';
'ad046@detroit.freenet.org'; 'alexm@calpine.com'; 'anchau@shellus.com';
'andy.bettwy@swgas.com'; 'aorchar@smud.org'; 'askaff@energy-law-group.com';
Hartmann, Audra; 'athomas@newenergy.com'; 'awattslaw@earthlink.net'; Premo,
Anne W.; 'berry@apx.com'; 'bfinkelstein@turn.org';
'bill.mccallum@ci.fresno.ca.us'; 'bill.wells@afcesa.af.mil';
'bill@jbsenergy.com'; Julian, Bill; 'bjeider@earthlink.net';
'blaising@braunlegal.com'; 'bloomje@la.whitecase.com';
'bob_anderson@apses.com'; 'bowerl@hdcdojnet.state.ca.us';
'bpowers@seniors.org'; 'brb3@pge.com'; 'brbarkovich@earthlink.net';
'btenney@landuselaw.com'; 'burkee@cts.com'; Brown, Carol A.;
'cabaker@duke-energy.com'; Linsey, Steve; 'casey@cityatty.sannet.gove';
'ceyap@earthlink.net'; 'charles_doering@rmiinc.com'; 'chilen@llgm.com';
'chrism@mid.org'; Blunt, Christopher J.; 'clpearce@duanemorris.com';
'cmason@omm.com'; 'cmkehrein@ems-ca.com'; Walwyn, Christine M.;
'cpeyton@sacbee.com'; 'cread@steptoe.com'; Danforth, Christopher;
'cyounger@manatt.com'; 'dbb@sdcity.sannet.gov'; 'dbranchcomb@hesinet.com';
'dcarroll@dbsr.com'; 'ddavie@hesinet.com'; 'derkp@newsdata.com';
'dfollett@sempra.com'; 'dgilmore@sempra.com'; 'dhuard@manatt.com';
'difellman@energy-law-group.com'; Fukutome, David K.; 'dkk@eslawfirm.com';
Lafrenz, Donald J.; 'dmarcus@slip.net'; 'dnorris@sppc.com';
'douglass@arterhadden.com'; 'dwmp@dwmpdc.com'; 'dwrlegal1@water.ca.gov';
'dws@keywaycorp.com'; 'ecrem@ix.netcom.com'; 'ed@apx.com'; 'ed@clfp.com';
'edwardoneill@dwt.com'; 'ek@a-klaw.com'; 'emitchel@angnewspapers.com';
'epoole@adplaw.com'; 'estrategy@compuserve.com'; 'fbrown@orrick.com';
'fchu@legal.ladwp.com'; 'fieldejr@sce.com'; 'firmiyas@dof.ca.gov';
'fmo@sdcity.sannet.gov'; 'foothill@lmi.net'; 'fosterbc@sce.com'; Fua,
Faline; 'furutanj@efawest.navfac.navy.mil'; 'fwmonier@tid.org';
'georgeperrault@msn.com'; 'gerhordt.herbert@msdw.com'; Kinosian, Robert;
'gklatt@jonesday.com'; 'glwaas@calpx.com'; 'gtbl@dynegy.com';
'gvaranini@lmlaw.net'; 'hbd@gweiss.com'; 'hchoy@isd.co.la.ca.us';
'hodgesjl@pacbell.net'; 'honest@compuserve.com'; 'howens@seniors.org';
Yacknin, Hallie; 'hylaw@pacbell.net'; 'igsinc@ix.netcom.com';
'imoosen@gralegal.com'; 'jabbott@entrix.com'; 'jasonm@newsdata.com';
'jbarthrop@powersavers.com'; 'jbennett@gmssr.com'; 'jbradley@svmg.org';
'jbushee@sablaw.com'; 'jcpaine@stoel.com'; 'jdodson@sempra.com'; Fulcher,
Jack; 'jerryl@abag.ca.gov'; Scarff, James E.; Econome, Janet A.; Zeller,
Jason; 'jleslie@luce.com'; Lo, Jeanette; 'jlondon@gralegal.com';
'jlyoung@sempra.com'; 'jmalkin@orrick.com'; 'jnnc@chevron.com';
'joe.paul@dynegy.com'; 'jogg@jhenergy.com'; 'johnj@bradyberliner.com';
'jon.jacobs@paconsulting.com'; 'joseh@lif.org'; 'jparrott@sempra.com';
'jptang@oaklandcityattorney.org'; DeUlloa, Joseph R.;
'jsilva@edisonenterprises.com'; 'jskillman@prodigy.net';
'jsmollon@newwestenergy.com'; 'jsqueri@gmssr.com'; Wong, John S.;
'jtachera@energy.state.ca.us'; 'julesan@aol.com'; 'jvo1@pge.com';
'jweil@aglet.org'; 'jyoung@ebmud.com'; 'kam@eslawfirm.com';
'karen@klindh.com'; 'keith-sappenfield@reliantenergy.com'; Malcolm, Kim;
'kmccrea@sablaw.com'; 'kmcspadd@milbank.com'; 'kmills@cfbf.com'; Kajopaiye,
Kayode; 'kpoole@adamsbroadwell.com'; 'lgurick@calpx.com';
'lindseyhowdowning@dwt.com'; Krannawitter, Laura L.; 'lmh@eslawfirm.com';
'lsaffil@flash.net'; Serizawa, Linda; 'luluw@newsdata.com';
'mark.c.moench@wgp.twc.com'; 'matthew.wright@Pacificorp.com';
'mbrubaker@consultbai.com'; Chamberlain, Michael; 'mday@gmssr.com';
'mdjoseph@adamsbroadwell.com'; Monson, Maurice;
'melanie_gillette@rmiinc.com'; Stevens, Maria E.; 'mflorio@turn.org';
'mgomez1@bart.gov'; 'mhg@hetrading.com'; 'mlw3@pge.com';
'mmattes@nossaman.com'; 'mpa@a-klaw.com'; 'mpatel@brownwoodlaw.com';
'mschwebs@energy.state.ca.us'; 'mshames@ucan.org'; 'musicamaria@yahoo.com';
'napedersen@jonesday.com'; 'nevillm@hdcdojnet.state.ca.us'; Walsh, Natalie;
'nryan@environmentaldefense.org'; 'office@mccarthylaw.com'; Vlahos, Ourania
M.; 'oshirock@pacbell.net'; 'pat.williams@dhcmail.com';
'patrickm@crossborderenergy.com'; 'paul.harris@bridge.com';
'pbray@newpower.com'; 'peter_fox-penner@brattle.com'; 'phanschen@mofo.com';
'phil@calcable.org'; 'pjmuller@ricochet.net'; 'pjpowerlaw@aol.com';
'pmcdonne@wenet.net'; 'pstohr@dbsr.com'; 'pxo2@pge.com'; Barnett, Robert A.;
'randy.chinn@senate.ca.gov'; 'randy_britt@mayco.com'; White, Rosalina;
'rbw@mrwassoc.com'; Cagen, Robert C.; 'rcosta@turn.org';
'rcsstl@cdmnet.com'; 'rczahar@aol.com'; 'rick.counihan@greenmountain.com';
'rkeen@manatt.com'; 'rliebert@cfbf.com'; 'rmccann@cal.net';
'robert.d.schasel@fritolay.com'; 'rogerberliner@bcjlaw.com';
'ronknecht@aol.com'; 'rpernell@energy.state.ca.us'; 'rrcollins@n-h-i.org';
'rschmidt@bartlewells.com'; 'rtavares@energy.state.ca.us'; Feraru, Robert
T.; Clark, Richard W.; 'saw0@pge.com'; 'sberlin@mccarthylaw.com';
'scarter@nrdc.org'; 'scottst@mid.org'; Casey, Sean F.;
'sgreenberg@realenergy.com'; Gallagher, Sean H.; Logan, Scott;
'slins@ci.glendale.ca.us'; 'smoss@hooked.net'; 'smutny@iepa.com'; Wilson,
Sean; Thomas, Sarah R.; 'ssmyers@worldnet.att.net';
'ssnyder@legal.ladwp.com'; 'stevebowen@earthlink.net';
'stevegreenwald@dwt.com'; 'stomashe@energy.state.ca.us';
'swchurchill@juno.com'; 'tes@dwmpdc.com'; 'theresa_mueller@ci.sf.ca.us';
'thompson@wrightlaw.com'; 'thoulihan@mdbe.com'; 'tmacbride@gmssr.com';
'tmberliner@duanemorris.com'; 'tmd9@pge.com'; 'tom.oneill@abnamro.com';
'tomb@crossborderenergy.com'; 'translaw@pougiales.com';
'twetzel@thermoecotek.com'; Burns, Truman L.; 'uwuaregion5@earthlink.net';
'vhconsult@earthlink.net'; 'wbooth@booth-law.com'; 'whe1@pge.com'; Yee,
Helen W.; 'yladso19@idt.net'; Tapawan-Conway, Zenaida G.
Subject: I.01-04-002 ALJ's Thomas' Ruling

<<CPUC01-#95085-v1-I0104002_Thomas_Ruling.DOC>>

 - CPUC01-#95085-v1-I0104002_Thomas_Ruling.DOC


To celebrate Continental Airlines' new service to Hong Kong (a city known for
its bargains) you can visit "the City of Life" for only 25,000 OnePass Miles
(now that's a bargain).  Save at least 50% off the miles regularly needed, but
act fast--seats are limited and not available on all flights. Read more about
our Hong Kong Reward Sale at
http://airmail.continental.com/cgi-bin5/flo?y=eDPo0rucu0BJB0ajEI

To make reward travel reservations, call the Continental International
Reward Desk at 1-800-344-1411

Not up for Asia? What about the Caribbean, Mexico, Brazil or Europe?  Learn
about other reward sale destinations at
http://airmail.continental.com/cgi-bin5/flo?y=eDPo0rucu0BJB0ajFJ

----------------------------------------------------------------------------
UNFORTUNATELY MAIL SENT TO THIS ADDRESS CANNOT BE ANSWERED.
PLEASE DIRECT ALL INQUIRIES TO
mailto:ONEPASS@COAIR.COM

Note: To modify your OnePass e-mail preferences, please login to Your
Account at
http://airmail.continental.com/cgi-bin5/flo?y=eDPo0rucu0BJB0NRQ

To unsubscribe from all OnePass e-mail programs, please visit
http://airmail.continental.com/cgi-bin5/flo?y=eDPo0rucu0BJB0v7d


I need access to CPR Reports/CPR Print Manager and my own I.D. for CQG.


The purpose of this survey is to gather information regarding Enron's current employee and community services programs.  Your feedback is extremely important. This survey may take at least 5 minutes.

Experiencing technical problems?  If this link does not automatically launch the questionnaire:
1.  Launch by copying the link below into your browser, or
2.  If you continue to have technical difficulties, please send an email message to human resources@enron.com. (Please leave the space between human and resources).
3.  Please do not forward this link to anyone else, as it is unique for each respondent.

http://etcsurvey.corp.enron.com/wi/p0537666/i.asp?r=11091&s=PKMFLZOT&l=9


approved

Information Risk Management
12/01/2000 09:50 AM
To: Gary Taylor/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Stinson
Gibner/HOU/ECT@ECT
cc:
Subject: For Your Approval

PLease let me know if he is approved.

Thanks,
Erica Garcia
---------------------- Forwarded by Information Risk Management/HOU/ECT on
12/01/2000 09:39 AM ---------------------------

	Security Resource Request System
Directory Line Item		Pending Access Processing

Directory Name:			o:\weather derivatives\  , o:\research\common
Service Type:	Grant
Expiration Date:
Comments:

	Security Processing
Processing Status:
E-Mail Message:
Comments/Justification:

	General Information           	Request:	JHRC-4RKJJZ
Requested By:	Joseph Hrgovcic/HOU/ECT	Phone:	33914
Requested For:	Joseph Hrgovcic/HOU/ECT	Employee Type:
Company:	0011	RC #:	100038
Priority:	High
Comments/Justification:			I have a test Windows2000 machine running  (with
userid t_weather01, for which I need access to o:\research\common and
o:\weather derivatives\

		Editing History (Only the last five (5) are shown)

Edit #	Past Authors	Edit Dates
1	Information Risk Management 	11/30/2000 12:30:19 PM


I would like each of you to list your top 5-10 target customers for 2000 by
12pm tomorrow.  Please let me know if you have any questions.


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 04/05/2001
02:13 PM ---------------------------

"Ryan Lee" <ralee@rmi.net> on 04/05/2001 02:06:40 PM
To: "Scott Morrill" <scott.morrill@grubb-ellis.com>, "Zach Williams"
<zach.williams@corp.rmi.net>, "Pedar Kjesth" <pederleifkjeseth@hotmail.com>,
<merlinm@uswest.net>, <matthew.lenhart@enron.com>, "Jayson Gill"
<dodebag@hotmail.com>, "Chris Tuttle" <cbtuttle@hotmail.com>
cc:

Subject: Fw: Football with your father

This is exactly like my dad.  Ry

----- Original Message -----
From: "Andy Patton" <Andy.Patton@wcom.com>
To: "Thaddeus Smith" <thaddeusgsmith@yahoo.com>; "Ben Abendroth"
<bda76@yahoo.com>; "Brian Beggs (E-mail)" <bbeggs@paragoncap.com>;
"Claude.Aldridge" <Claude.Aldridge@yellowcorp.com>;
<danielkbrock@hotmail.com>; "Dave Shaw (E-mail)" <davidishaw@yahoo.com>;
"Jake Istnick" <jakeistnick@hotmail.com>; "Joel Bagby" <jobagby@cisco.com>;
<nuttelman@mcclier.com>; "Ryan Butler" <rbutler@fischercompany.com>; "ryan
dickinson" <rdickin55@yahoo.com>; "Ryan Lee" <ralee@rmi.net>; "Scott Salyer
(E-mail)" <scott.salyer@gni.gte.com>; "stanford" <jgstanford@webtv.com>
Sent: Thursday, April 05, 2001 9:21 AM
Subject: FW: Football with your father

>
>
> -----Original Message-----
> From: Rodney McMillan [mailto:rodney.mcmillan@wcom.com]
> Sent: Wednesday, April 04, 2001 4:42 PM
> To: Danny; Scott Washburn; Andy Patton; Gary Lemm; Kirby; Brent; Brett
Stein
> Subject: FW: Football with your father
>
>
>

 - Football w pops.mpeg


Thanks, Marie!

                    Marie.Heard@e
                    nron.com             To:     Athena.Alexander@cwt.com
                    Office:              cc:
                                         Subject:     RE: Master Netting
                    11/26/01             Agreement Assignments
                    03:43 PM

Hi, Athena:

Here is the information you requested:

Navajo Refining Company
c/o Holly Corporation
100 Crescent Court, Suite 1600
Dallas, Texas  75201-6927

Louis Dreyfus Energy Services L.P.
Louis Dreyfus Corporation

I don't know if Louis Dreyfus Corporation is the same as the Dreyfus
Corporation.  Louis Dreyfus Corporation is located in Wilton, Connecticut.

Let me know if you need anything else.

Marie

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
marie.heard@enron.com

    -----Original Message-----
   From:   "Athena Alexander" <Athena.Alexander@cwt.com>@ENRON
   Sent:   Monday, November 26, 2001 12:18 PM
   To:     Heard, Marie
   Subject:  Re: Master Netting Agreement Assignments

   Hi, Marie, hope all is well.  In order to complete our conflicts checks
   on
   two counterparties, we need answers to the following questions:  (1)
   Exactly which Navajo and Louis Dreyfus entities/subsidiaries will be
   involved in the Master Netting Agreements?  (2) Is the Louis Dreyfus on
   your list the same as the Dreyfus Corporation?  (3) What is the main
   business address for Navajo?  Thanks and please call with any questions.

   Best Regards,
   Athena

                       "Heard,
                       Marie"               To:     "Aronowitz, Alan"
                       <Marie.Heard@        <Alan.Aronowitz@ENRON.com>,
                       ENRON.com>           "Athena Alexander (E-mail)"
                       Office:              <athena.alexander@cwt.com>,
                                            "Clark, Morris"
                       11/19/01
   <Morris.Richard.Clark@ENRON.com>
                       06:18 PM             , "Cook, Mary"
                                            <Mary.Cook@ENRON.com>, "David
                                            Mitchell (E-mail)"
                                            <david.mitchell@cwt.com>,
                                            "Davis, Angela"
                                            <Angela.Davis@ENRON.com>, "Del
                                            vecchio, Peter"
                                            <Peter.Del.Vecchio@ENRON.com>,
                                            "Diane Dickensheid (E-mail)"
                                            <diane.dickensheid@cwt.com>,
                                            "Dobin, Nora"
                                            <Nora.Dobin@ENRON.com>,
                                            "Douglas, Stephen H."
                                            <Stephen.H.Douglas@ENRON.com>,
                                            "Evans, Mark (London Legal)"
                                            <mark.evans@enron.com>,
                                            "Gaffney, Chris"
                                            <Chris.Gaffney@ENRON.com>,
                                            "Gray, Barbara N."
                                            <Barbara.N.Gray@ENRON.com>,
                                            "Hansen, Leslie"
                                            <Leslie.Hansen@ENRON.com>,
                                            "Heard, Marie"
                                            <Marie.Heard@ENRON.com>,
                                            "Hendry, Brent"
                                            <Brent.Hendry@ENRON.com>,
                                            "Hodge, Jeffrey T."
                                            <Jeffrey.T.Hodge@ENRON.com>,
                                            "Johnston, Greg"
                                            <Greg.Johnston@ENRON.com>,
                                            "Jones, Tana"
                                            <Tana.Jones@ENRON.com>,
                                            "Keohane, Peter"
                                            <Peter.Keohane@ENRON.com>,
                                            "Koehler, Anne C."
                                            <Anne.C.Koehler@ENRON.com>,
                                            "Lech Kalembka (E-mail)"
                                            <lech.kalembka@cwt.com>,
   "Leite,
                                            Francisco Pinto"

   <Francisco.Pinto.Leite@ENRON.com
                                            >, "Marissa Morelle (E-mail)"
                                            <marissa.morelle@cwt.com>,
                                            "McCullough, Travis"
                                            <Travis.McCullough@ENRON.com>,
                                            "Mellencamp, Lisa"
                                            <Lisa.Mellencamp@ENRON.com>,
                                            "Murphy, Harlan"
                                            <Harlan.Murphy@ENRON.com>,
                                            "Murray, Julia"
                                            <Julia.Murray@ENRON.com>,
                                            "Nemec, Gerald"
                                            <Gerald.Nemec@ENRON.com>,
                                            "Portz, David"
                                            <David.Portz@ENRON.com>, "Rick
                                            Antonoff (E-mail)"
                                            <rick.antonoff@cwt.com>,
                                            "Rohauer, Tanya"
                                            <Tanya.Rohauer@ENRON.com>,
                                            "Sager, Elizabeth"
                                            <Elizabeth.Sager@ENRON.com>,
                                            "Saxena, Rahul"
                                            <rahul.saxena@enron.com>,
                                            "Sayre, Frank"
                                            <Frank.Sayre@ENRON.com>,
   "Schuh,
                                            Michael"
                                            <michael.schuh@enron.com>,
                                            "Shackleton, Sara"
                                            <Sara.Shackleton@ENRON.com>,
                                            "Simons, Paul"
                                            <paul.simons@enron.com>, "St.
                                            Clair, Carol"
                                            <Carol.St.Clair@ENRON.com>,
   "Van
                                            Hooser, Steve"
                                            <Steve.Van.Hooser@ENRON.com>,
                                            "Viverito, John"
                                            <John.Viverito@ENRON.com>, "Von
                                            Bock Und Polach, Marcus"

   <marcus.von.bock.und.polach@enro
                                            n.com>, "Williams, Jason R
                                            (Credit)"
                                            <Jason.R.Williams@ENRON.com>
                                            cc:
                                            Subject:     Master Netting
                                            Agreement Assignments

   Attached is the updated list of master netting agreement assignments.

              <<master netting agreement assignments.doc>>

   **********************************************************************
   This e-mail is the property of Enron Corp. and/or its relevant affiliate
   and may contain confidential and privileged material for the sole use of
   the intended recipient (s). Any review, use, distribution or disclosure
   by
   others is strictly prohibited. If you are not the intended recipient (or
   authorized to receive for the recipient), please contact the sender or
   reply to Enron Corp. at enron.messaging.administration@enron.com and
   delete
   all copies of the message. This e-mail (and any attachments hereto) are
   not
   intended to be an offer (or an acceptance) and do not create or evidence
   a
   binding and enforceable contract between Enron Corp. (or any of its
   affiliates) and the intended recipient or any other party, and may not
   be
   relied on by anyone as the basis of a contract by estoppel or otherwise.
   Thank you.
   **********************************************************************
   (See attached file: master netting agreement assignments.doc)

==============================================================================

   NOTE:  The information in this email is confidential and may be legally
   privileged.  If you are not the intended recipient, you must not read,
   use or disseminate the information.  Although this email and any
   attachments are believed to be free of any virus or other defect
   that might affect any computer system into which it is received and
   opened, it is the responsibility of the recipient to ensure that it is
   virus free and no responsibility is accepted by Cadwalader, Wickersham
   & Taft for any loss or damage arising in any way from its use.

==============================================================================

    - master netting agreement assignments.doc << File: master netting
   agreement assignments.doc >>

==============================================================================
NOTE:  The information in this email is confidential and may be legally privileged.  If you are not the intended recipient, you must not read, use or disseminate the information.  Although this email and any attachments are believed to be free of any virus or other defect
that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by Cadwalader, Wickersham
& Taft for any loss or damage arising in any way from its use.

==============================================================================


Good afternoon Don,

I am sending you this email because I was looking at the Enron job postings on the intranet.  I believe that I have a candidate, that according to the job description for "power trader 24 hr. real time" (#108727), would be a great match for Enron.  I am attaching the resume of Jason Vogler.  I am currently an analyst in the Generation Investments group within ENA.  I have know Jason for most of my life.  He is a very sharp individual and I believe that he is an excellent example of Enron's core values.  Please feel free to contact me with any questions that you might have regarding Jason or his resume.  Thank you very much for your time and consideration.

Chris Czuppon
Enron North America
Generation Investments
(713) 345-8180


Re;  enovate/Peoples
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/06/2001 10:39
AM ---------------------------

"Boyd J. Springer" <bjspringer@JonesDay.com> on 03/05/2001 12:04:15 PM
To: kay.mann@enron.com, gregg.penman@enron.com
cc:

Subject: Master Sales Proceeding

I called Jerry Fox to check on the status of the ICC Staff's testimony
which was to be filed Feb. 28. Jerry reports that Staff requested an
extension until March 29 to file their testimony. Staff has indicated that
it intends to conduct further discovery, i.e. send more data requests.
Jerry also says that Staff has inofrmed Peoples informally that it is
(apparently strongly) opposed to approval of the filing. Jerry says that
Peoples is considering whether to withdraw its Petition for approval. As I
understand it, this depends on whether there is a way to pursue
transactions with enovate without a need for approval (presumably under the
"market price" exception to the approval requirement.) I suggested that it
may be preferable to wait until Staff files its testimony (explianing its
position) before making a decision about withdrawal. Jerry says Peoples'
concern is the additional disocvery which may be conducted. As I understand
it, the case is being discussed internally at Peoples. I don't know whether
Peoples has discussed this with you (Gregg) or anyone at enovate.

==========
The preceding e-mail message (including any attachments) contains
information that may be confidential, be protected by the attorney-client
or other applicable privileges, or constitute non-public information.  It
is intended to be conveyed only to the designated recipient(s).  If you are
not an intended recipient of this message, please notify the sender by
replying to this message and then delete it from your system.  Use,
dissemination, distribution, or reproduction of this message by unintended
recipients is not authorized and may be unlawful.
==========


Kirk

I've added my comments.(See attached)

Given Enron's current situation, can you give a status on this overall project?

Thx

Berney Aucoin

 -----Original Message-----
From: 	McDaniel, Kirk
Sent:	Saturday, November 24, 2001 10:33 AM
To:	sheri.a.righi@accenture.com; Aucoin, Berney C.
Cc:	O'rourke, Tim; Frolov, Yevgeny; monica.l.brown@accenture.com; donald.l.barnhart@accenture.com; Allen, Phillip K.
Subject:	Re: Organizational Structure Topic - Berney Aucoin

Team
Here are my comments on the subject Topic.

 << File: Org Structure Topic_V1.doc Kirk Comment.doc >>


Greg,
 I am a '95 grad now working with EECC after five years of being an armor
officer.  I just recently made my transition and I am exploring what
direction I would like to take within the corporate arena.  I  was wondering
if you could take some time to share some information about your business
unit, experiences, and any suggestions you may have for someone in my
situation.   I hope to hear from you soon.

Happy Holidays!

Rob Krotee


Bob's just finishing up a meeting, so I'll have to wait a minute for info on
this EES sleeve. I'll let you know as soon as I see him.

Kate

Evelyn Metoyer@ENRON
04/02/2001 02:29 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 4/2 Checkout

AMEREX WEST
Bob Badeer

I am missing the following deals:

1)  Sell  Sempra Energy Trading Corp.  100  NP 15  1/1/02- 3/31/02 50mw
off     0.0075  fee
2)  Buy  Enron Energy Services, Inc.  99.95  NP 15  1/1/02- 3/31/02 50mw
off      0.00  fee

BLOOMBERG
All deals checked out fine.

PREBON WEST
All deals checked out fine.


Don,

Joe is a guy you definitely want to consider.  In fact, we wanted to bring him into our group, but we are in a hiring freeze and with the changes occurring in our group we don't know when we would be able to bring him in.  Anyway, just wanted to give you some feedback.  Hope you didn't get drowned out this weekend!!

Take care,

John
---------------------- Forwarded by John Zurita/HOU/EES on 06/11/2001 10:43 AM ---------------------------

Joseph Capasso
06/07/2001 09:21 AM
To:	John Zurita/HOU/EES@EES
cc:
Subject:	Resume

John,

As we talked about minutes ago, I am sending you my resume.
In addition, I just sent my resume to Don with some short comments
about my work experience.

Thanks for directing me to him.  I really appreciate your help.

Thanks,
Joe


Jeff
I'm ok, sorry for not responding.
Dan

 -----Original Message-----
From: 	Whippo, Jeff
Sent:	Thursday, March 21, 2002 3:45 PM
To:	Hendricks, Jonny; Ingalls, Todd
Cc:	Hill, Scott; Lawrence, Ed; Schoolcraft, Darrell; Graves, Jerry; Vaughan, Pat; Pribble, Dan; Bailey, Arnie; Roensch, David; Smith, Rick
Subject:	RE: Set points

I got no negative comments, so lets move forward.  I know things are busy, but lets progress at the best pace we can.  Thanks.

Jeff

 -----Original Message-----
From: 	Whippo, Jeff
Sent:	Tuesday, March 19, 2002 12:41 PM
To:	Schoolcraft, Darrell; Graves, Jerry; Vaughan, Pat; Pribble, Dan; Bailey, Arnie; David Roensch (E-mail); Smith, Rick
Cc:	Hendricks, Jonny; Hill, Scott; Lawrence, Ed; Ingalls, Todd
Subject:	RE: Set points

This looks good to me.  If you don't have any issues with this we will proceed.  Comments?

 -----Original Message-----
From: 	Ingalls, Todd
Sent:	Saturday, March 16, 2002 2:39 PM
To:	Whippo, Jeff
Cc:	Hendricks, Jonny; Hill, Scott; Lawrence, Ed
Subject:	RE: Set points

Yes, I forgot to get back with you on this.  Jon Hendricks, Scott Hill and myself got together last week and thought this might be a good approach.

The control system does pretty good with control of the units until they get down to minimum speed and that is where we get into problems.  If we get over 1010 psi on the mainline or 2psi over maop on any system we will look at the governor speed and if it is not at minimum we will speed up the process trying to get back to maop.

If we are over 2psi (.2%) and at minimum speed for 2 minutes we will take one unit off line and wait for 5 minutes to see if we need to repeat this and take off another unit.  At anytime if we hit 1015 or 7psi (.7%)over maop we will keep the station shutdown and all units will go down.
1015 is where we will have the pressure switches will be set.  I feel that we should be comfortable with these numbers as we will not ever get over 1% of maop unless we have a failure of the system and at this point the relief valves will protect us.  We will have to have several failures for this to occur.

If you feel that this is a good plan please let me know and we will come up with the programming to make it happen.
We can start implementing this right away and should be able to get it done by the end of the year.  We would  be quicker but we seem to have a lot going on right now.

Thanks
Todd

 -----Original Message-----
From: 	Whippo, Jeff
Sent:	Friday, March 15, 2002 5:51 PM
To:	Hendricks, Jonny; Ingalls, Todd
Subject:	Set points

I got busy and I know you probably did too.  Are we making any headway on a strategy?

Thanks,
Jeff


Christi - Cara has E-mailed a number of questions to Linda and Kelley.  If
she doesn't hear from them by tomorrow morning, can Cara and I have a
conference call with you at 11:00 a.m. Pacific time so you can birddog people
and get some answers?  In the meantime, if Cara E-mailed you the questions,
would you answer any you know the answers to. Thanks.
---------------------- Forwarded by Mary Hain/HOU/ECT on 01/25/2001 01:59 PM
---------------------------

Cara Semperger
01/25/2001 01:33 PM
To: Mary Hain/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT, Linda L Lawrence/NA/Enron@Enron, Kelley
Huntley/HOU/ECT@ECT, Valarie Sabo/PDX/ECT@ECT
Subject: Re: FERC and DOE 4th Quarter Reports

I have gotten these documents from Tim, Val, and now you.  I have tried to
get in touch with Linda Lawrence and Kelly Hutley, no answer from either of
them.  I don't understand what I am looking at, and am not even really sure
what I am supposed to do with it, aside from giving it my blessing.

Until I get a response, I can't give my 'blessing'

C

Mary Hain
01/25/2001 01:08 PM
To: Cara Semperger
cc:
Subject: FERC and DOE 4th Quarter Reports

Did Tim already send you these documents for your review?  If he did, have
you been working with the Houston group on them or do you want to tell me
about any problems?
---------------------- Forwarded by Mary Hain/HOU/ECT on 01/25/2001 01:17 PM
---------------------------

Linda L Lawrence@ENRON
01/23/2001 03:17 PM
Sent by: Linda L Lawrence@ENRON
To: Mary Hain/HOU/ECT@ECT, Christi L Nicolay/HOU/ECT@ECT
cc:
Subject: FERC and DOE 4th Quarter Reports

For your review  are EPMI's fourth quarter reports for Canada and Mexico.

----- Forwarded by Linda L Lawrence/NA/Enron on 01/23/2001 05:14 PM -----

	Joy Werner
	01/23/2001 03:43 PM

		 To: Linda L Lawrence/NA/Enron@Enron, Christi L Nicolay/HOU/ECT@ECT
		 cc: Thresa A Allen/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, Kelley
Huntley/HOU/ECT@ECT
		 Subject: FERC and DOE 4th Quarter Reports

There was no Mexico activity for the Fourth Quarter of 2000.
Please let me know if you all have any questions or comments regarding any of
the reports.
Thank you
Joy


TJ,

We'll need another room.  These meetings are only for the MidWest traders.
The meeting with the guy from PJM is for the northeast group.

Thanks,

Fletch


are you coming to the uh/tx game on 9/23 - is donnita?


I am in the process of firing the off the first shot to Cinergy for a 5 or 10
year toll starting 1/1/03.  Please provide any comments with regard to
pricing, etc.  I just pulled the Capacity charge out of the air.  I made the
10 year a little lower in hopes of making it more attractive.  I think a 10
year toll attached to the asset will make it more attractive to the tolling
providers of the world (AES, Calpine, Tenaska,etc.).  Let me know your
thoughts and concerns before I send this off to Cinergy.


Rod:  Will we agree to this?  Do you want to call this person? or should I?
SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 05/14/99 11:19
AM ---------------------------

Bernice Rodriguez
05/14/99 11:00 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: Koch Chemical International- EV9382.1

 In regards to this trade, I talked with the trader, Randy Degner, about
their confirmation.  He is in agreement on using our omnibus confirm since
their confirmation was incorrect as far as referencing a Master Agreement .
He would like to see if someone can speak with JoAnn Goza (316) 828-7169 in
their Wichita office to establish a Master Agreement between KCI and ECT.

Thanks

BR


Ron, FYI, Kim.

-----Original Message-----
From: Ketcherside, Kirk L (IGI Resources) [mailto:KetcheKL@bp.com]
Sent: Tuesday, November 27, 2001 11:44 AM
To: Watson, Kimberly
Subject: RE: Big Sandy Delivery Point Construction and Operating
Agreement - Revised

Hi Kim.
I trust that you are hanging in there with all of the recent activity.
As for Big Sandy, the project was denied a "permit" yesterday by the ACC
commissioners, driven principally by water issues.
As for next steps, Caithness plans to submit a new filing for the same
project, getting their "ducks in a row" on the water issues, and perhaps
even conceding to the potential of dry cooling versus wet cooling.
They expect to file this within the next 60 days.
Thus, with a little luck, we will be back in the game on this project with
an induced delay.
I will keep you posted along the way....please do the same for me regarding
any offerings/news/etc from your side.
Thanks for all of your help so far on the project.
Best regards.
Kirk

-----Original Message-----
From: Watson, Kimberly [mailto:Kimberly.Watson@ENRON.com]
Sent: Tuesday, November 27, 2001 9:36 AM
To: Ketcherside, Kirk L (IGI Resources)
Subject: RE: Big Sandy Delivery Point Construction and Operating
Agreement - Revised

Hi Kirk,

I just wanted to check on you and see how the approval process was
going.  Have you heard from the ACC Commissioners yet?  Please let me
know if we can do anything for you.

Thanks, Kim.

-----Original Message-----
From: Ketcherside, Kirk L (IGI Resources) [mailto:KetcheKL@bp.com]
Sent: Wednesday, November 07, 2001 12:30 PM
To: Watson, Kimberly
Subject: RE: Big Sandy Delivery Point Construction and Operating
Agreement - Revised

Hi Kim.
Just wanted to let you know that the Big Sandy project is awaiting a
vote
yes/no from the ACC Commissioners on the 26th of this month.
At this point, I think it is likely that the project will not be
approved,
and may opt to resubmit.
Counsel for Caithness in the appeal process suggested a negative bias in
the
ACC Power Plant Siting Committee, and that was not well received by the
Commissioners....major blunder.
I will keep you updated as this continues to develop.
If a yes vote, then we will proceed immediately with interconnect
agreement,
etc.
Best regards,
Kirk

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


Jeff, hopefully we can convince you to come when we re-schedule - seemed like
an easy call.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 12/06/2000
03:59 PM ---------------------------

David W Delainey
12/06/2000 01:18 PM
Sent by: Kay Chapman
To: david.w.delainey@enron.com, lavorato@enron.com, tim.belden@enron.com,
derek.davies@enron.com, stephen.douglas@enron.com,
hunter.s.shively@enron.com, laura.luce@enron.com, michael.l.miller@enron.com,
thomas.a.martin@enron.com, john.zufferli@enron.com, Scott.tholan@enron.com,
wdavid.duran@enron.com, rob.milnthorpe@enron.com, c.john.thompson@enron.com,
scott.josey@enron.com, paul.devries@enron.com, scott.neal@enron.com,
jean.mrha@enron.com, david.oxley@enron.com, mark.e.haedicke@enron.com,
joseph.deffner@enron.com, sally.beck@enron.com, beth.perlman@enron.com,
wes.colwell@enron.com, mike.swerzbin@enron.com, bruce.sukaly@enron.com,
doug.gilbert-smith@enron.com, eric.ledain@enron.com, ozzie.pagan@enron.com,
rogers.herndon@enron.com, dana.davis@enron.com, jonathan.mckay@enron.com,
mark.frevert@enron.com, barry.tycholiz@enron.com, chris.h.foster@enron.com,
eric.thode@enron.com, brian.redmond@enron.com, kevin.presto@enron.com,
fletcher.sturm@enron.com, edward.baughman@enron.com, gwolfe@enron.com,
pallen@enron.com, flagrasta@enron.com, christopher.f.calger@enron.com,
frank.w.vickers@enron.com, jake.thomas@enron.com, jeff.donahue@enron.com,
jsteffes@enron.com, max.yzaguirre@enron.com, Janet R Dietrich/HOU/ECT@ECT,
John Arnold/HOU/ECT@ECT, Jeffery Ader/HOU/ECT@ECT, Greg Whalley/HOU/ECT@ECT,
Joe Kishkill/SA/Enron@Enron, Brett R Wiggs/SA/Enron@Enron, Orlando
Gonzalez/SA/Enron@Enron, Remi Collonges/SA/Enron@Enron
cc: Kay Chapman/HOU/ECT@ECT, Kimberly Hillis/HOU/ECT@ect, Angela
McCulloch/CAL/ECT@ECT, Airam Arteaga/HOU/ECT@ECT, Monica
Butler/Corp/Enron@Enron, Paula Forsyth/Corp/Enron@ENRON, Lynn
Pikofsky/Corp/Enron@ENRON, Anabel Gutierrez/HOU/ECT@ECT, Laura
Harder/Corp/Enron@Enron, Tamara Jae Black/HOU/ECT@ECT, Sharon
Purswell/HOU/ECT@ECT, Tina Rode/HOU/ECT@ECT, Debra Davidson/PDX/ECT@ECT,
Tonai Lehr/Corp/Enron@ENRON, Lindsey Huculiak/TOR/ECT@ECT, Kimberly
Brown/HOU/ECT@ECT, Melissa Jones/NA/Enron@ENRON, Kay Chapman/HOU/ECT@ECT,
Janette Elbertson/HOU/ECT@ECT, Amy Rios/HOU/ECT@ECT, Patti
Thompson/HOU/ECT@ECT, Cherylene R Westbrook/HOU/ECT@ECT, Shirley
Tijerina/Corp/Enron@ENRON, Stephanie Gardner/HOU/ECT@ECT, Christy
Chapman/HOU/ECT@ECT, Nicki Daw/NA/Enron@Enron, Michelle Vitrella/HOU/ECT@ECT,
Lillian Carroll/HOU/ECT@ECT, Becky Young/NA/Enron@Enron, Debra
Davidson/PDX/ECT@ECT, Marsha Schiller/HOU/ECT@ECT, Marcia A
Linton/NA/Enron@Enron, Claudette Harvey/HOU/ECT@ect, Crystal
Blair/HOU/ECT@ECT, Liz M Taylor/HOU/ECT@ECT, Marianne M Arake/SA/Enron@Enron,
Luly Stephens/NA/Enron@Enron
Subject: ENA 2000 Offsite

Given the current tremendous energy market volatility and as we stretch
resources to make our commercial goals for 2000, we think it would be
appropriate to postpone the ENA 2000 Offsite to early next year.  I trust
this meets with your approval and thanks for all the hard work.

Regards
Dave and John


Hi Vince

James New from London Risk Mgt has asked me to sign off the computations in
EnergyDesk.com for use in Oslo office's new system.  I'm a little
uncomfortable with this since:
1. Sign off of models is something that I've been brought up to consider to
be the domain of RAC.  They disagree in part (see below), which leads me to...
2. London Research is not the "owner" of Exotica, and we don't necessarily
have the time/resource/expertise to audit Houston Research's code.  Indeed,
can Research group sign off their own efforts?  By definition the originating
group for a piece of code thinks it's OK, or they wouldn't have written it
that way.
3. I'm concerned about Research group code being sold to external clients
without Research involvement.  (I received a query a couple of weeks ago from
an EnergyDesk.com guy, Jan Lillehammer, who said he was planning to sell our
VaR system, and asked if he could have a copy!)

I've tried to emphasise that we support Exotica for internal purposes only,
and that our entire setup presupposes the presence of resident quants on the
trading floor to support the tools that Research write.

Your advice/guidance would be appreciated.

All the best,
Steve

---------------------- Forwarded by Steven Leppard/LON/ECT on 11/12/2000
09:46 ---------------------------

From:  David Port @ ENRON
        08/12/2000 19:54

To: James New/LON/ECT@ECT
cc: Steven Leppard/LON/ECT@ECT, Suzanne Bain/LON/ECT@ECT, Sandip
Joshi/LON/ECT@ECT

Subject: Re: EnergyDesk

James

I called and left a voicemail but I thought for the benefit of the CC's on
this, my view is that RAC have never been required to sign off on valuation
methods. The standard models used at Enron, like SPRDOPT and other routines
in Exotica.xls are written by Research and therefore I have always assumed
endorsed by Research. Having said that I do believe firmly that all RAC - MRM
folks should have a deep understanding of the way products are valued and be
able to assess and challenge a method.

I am also happy to provide assistance in the process of designing a method
but I wouldn't want either of us to feel that RAC are in the way of progress
by being embedded in a project plan.

In this instance, given the appropriate documentation, I would imagine the
time taken to assess the EnergyDesk methodology would be very short - what do
you have that I could look at ?

DP

James New@ECT
12/08/2000 12:38 PM
To: David Port/Market Risk/Corp/Enron@ENRON, Steven Leppard/LON/ECT@ECT
cc: Suzanne Bain/LON/ECT@ECT, Sandip Joshi/LON/ECT@ECT

Subject: EnergyDesk

I would like to try to clear up a few things regarding the proposed
implementation of EnergyDesk into Oslo.

I thought that it was a requirement that all valuation engines (and any
future changes to the valuation code) are required to be signed off by
research and RAC before they can be used to value the firm's positions. If
this is true then this is all I am looking to get onto the project plan the
time estimates you need to complete your review process. If there is no
requirement for RAC or research to sign off new or changed valuation engines
then I will trouble you no further.

Thanks James


- CHECK_SHEET.xls


TEAM CARLTON MAILBOX : ATTENTION MIKE DENZEL

We have received your acceptance and you are confirmed for ClickAtHome Pilot
2.

You will be notified with an e-mail by November 17th on how and when you can
access the ordering web site. Ordering is not expected to
begin until December.

As a pilot participant, you will be testing various aspects of this new
program such as the program offerings, program communications, product and
service ordering, vendor services and program support.  At this time, the
pilot program is not intended to provide access to Enron's network for
telework purposes.   If you need Enron access for business reasons, please
continue to maintain your existing computer and connection for this purpose.
 In advance, we appreciate your co-operation and patience under this pilot
program.

Employees will have great options under this program for computers,
peripherals, and Internet connectivity.   Your personal selections will
determine your out-of-pocket expense, if any.  By participating the Pilot,
you are not obligated to order hardware or connectivity, but will be given
the opportunity to review your options and associated prices.

We know you are interested in more details.  However, one of our primary
Pilot objectives is to test the communication on our web site.  We would like
you to review more details about program offerings and related out-of-pocket
costs, if any, once the pilot web site is available.  After agreeing to the
Pilot Participants Agreement and reviewing these materials on the web site,
you may choose to defer ordering until the All Employee roll-out in early
2001 if you wish.

Please send any questions to the clickathomepilot2@enron.com mailbox.

Thanks.


Dave:

As I mentioned yesterday, I have made a few more revisions to the Legal &
Privacy statement to respond to a couple of issues raised by Justin Boyd.
The final version is attached.  I was unable to run a red-line of this
document, so I have summarized the revisions below:

1.  Section 2, second sentence:  replaced the word "derivatives" with
"derivations".
2.  Section 4:  revised in its entirety.
3.  Section 9, first sentence:  added "all or" before the words "any part of
the website" in the third/fourth line and replaced the word "the" with "this"
before the words "Legal and Privacy statement" at the end of the sentence.
4.  Section 11(a):  capitlized "Information"
5.  Section 13:  revised the reference to "this paragraph 6" to refer to "the
paragraph 13"
5.  Note that I added the new Section 17 at the bottom relating to T1 access.

Please let me know if you have any questions or comments.

Leslie


Eva,  Attached please find a an excel file containing Schedules 3.1(i) and
3.1(g).  On Monday we will be sending updated versions of some of the
schedules previously forwarded.  Please call with any questions.  Shonnie


Start Date: 4/26/01; HourAhead hour: 22;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042622.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/26/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: CISO_EPMI_DESERT
  ENGY_TYPE: NFRM


please add Astra Power LLC to the restricted list for the EP Blanco Avg
products.  thank you.


I have no interest in these two employees.


I will be out of the office 12/4-12/8.  If you have any urgent EOL questions,
call Tom Moran 33017

Thanks,
Brad


---------------------- Forwarded by Eric Bass/HOU/ECT on 10/31/2000 08:27 AM
---------------------------

	Enron North America Corp.

	From:  Eric Bass                           10/31/2000 08:25 AM

To: David Baumbach/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, Harry Bucalo/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT,
Michael Walters/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject: Fantast Basketball DRAFT TODAY @ 10:30

Tell me if you are in on the draft at 10:30.  To draft you need to go to the
website and click on draft - go to the draft room.
---------------------- Forwarded by Eric Bass/HOU/ECT on 10/31/2000 08:23 AM
---------------------------

	Enron North America Corp.

	From:  Eric Bass                           10/31/2000 08:21 AM

To: David Baumbach/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, Harry Bucalo/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT,
Michael Walters/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject: Fantast Basketball DRAFT TODAY @ 10:30

Just as clarification - we start 6 players and have weekly scoring in haed to
head matchups.  You can chage your lineup before each day's worth of action.
Your sixth man can be any position.  The draft order will be determind at
10:30.
---------------------- Forwarded by Eric Bass/HOU/ECT on 10/31/2000 08:19 AM
---------------------------

	Enron North America Corp.

	From:  Eric Bass                           10/31/2000 08:01 AM

To: David Baumbach/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, Harry Bucalo/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT,
Michael Walters/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject: Fantast Basketball DRAFT TODAY @ 10:30

Since the NBA season begins tonight, we need to have the fantasy basketball
draft today @ 10:30 AM. Tell me if this is ok.  If you do not remember the
rules, go to the link below and scroll down to the bottom of the page to the
rules link.

The Academy will roll once again!

And by the way plove, it is last day for everyone.  You can take 1 minute out
of every half hour today to make a pick.  Everyone else has agreed.  Besides
it won't be as much fun without my whipping boy again.

basketball.commissioner.com/efba

I never heard anything back from Walker's Westies so The Rounders are taking
his spot.

-Eric


This warning is sent automatically to inform you that your mailbox is approaching the maximum size limit.
Your mailbox size is currently 81408 KB.

Mailbox size limits:

	When your mailbox reaches 75000 KB you will receive this message.To check the size of your mailbox:

  Right-click the mailbox (Outlook Today),
  Select Properties and click the Folder Size button.
  This method can be used on individual folders as well.

To make more space available, delete any items that are no longer needed such as Sent Items and Journal entries.

You must empty the Deleted Items folder after deleting items or the space will not be freed.

To turn Journaling off,
 click Tools | Options | Journaling Options and de-select all items.

See client Help for more information.


All,

Hong Kong Weather products will be launched on EOL Tuesday 14th November in
Hong Kong.

Current status is:
Legal:  GTC's are final and with David Minns / Mark Taylor for sign-off. This
sign-off should be completed by 10am Thursday (Houston time)   in order for
the GTC's to be loaded by Tuesday (Sydney time);
  Long Form descriptions are undergoing last adjustments today (DM), and will
be forwarded tonight for signoff;
Tax:  PWC has been asked for more specific advise on some issues. DM / HM
following up. These issues will not stop the launch;
Risk:  HK weather data is with RAC now for calculating sigma's. AF has USD
MTM weather book running;
Marketing: No marketing has been undertaken yet, and will not be prior to the
launch - partially pending PWC advice;
Technical: DN has set the products up in test environment. I will go through
these tomorrow with Dale;
Credit:  We are not soliciting any new counterparties for the launch;
Data:  CW and JZ have completed data cleaning and analysis. RY is pricing;

We will require signoff from Rudi, Tom, Mark & Jeff to transfer the products
to production, and we would like to do this before this weeks out. We want to
have products loaded and priced in production Monday afternoon (Sydney time).
If there are any other issues that I have missed, or incorrectly stated,
please reply by Friday morning (Sydney time) to allow time to address them.

Regards,
Paul


Please note correction to memo:  The HPL Planning Meeting is held each Monday
@ 9:00.

Keep in mind that the meetings listed below are subject to change, especially
around the holidays.  For example, the meetings scheduled for the Monday
after the Thanksgiving holiday will be changed.  And of course, there will
not be a meeting on Christmas day.

HPL/ENA Upstream General Purpose meeting will be held every other Monday @
8:30 in EB35c1 beginning October 30th.  This meeting is open to all HPL &
Upstream Origination employees and is intended to communicate any information
received at Dave Delainey's ENA Staff meeting held on the previous Friday
(announcements, staff/organizational changes, construction updates, events,
etc.)   Mark your calendars for every other Monday morning.

HPL Planning Meeting will be held following the general meeting each Monday @
9:00 in EB35c1.  This meeting is to discuss activities related to Houston
Pipe Line and is conducted by Brian Redmond or his designee.

ENA Upstream Planning Meeting is held each Monday @ 11:00 in EB35c1.  This is
a lunch meeting with ENA Upstream business leaders and is conducted by Jean
Mrha or her designee.

The above-mentioned meetings replaces the meetings that were previously held
each Monday and Thursday.

Please be sure to call me @ x37271 if you have any questions.


I apologize as I left you off this email.  If you have any questions, please
call me.

Richard Costigan, III
Chief of Staff
Office of the Assembly Republican Leader
California State Assembly
Phone:(916) 319-2005

>  -----Original Message-----
> From:  Costigan, Richard
> Sent: Thursday, May 03, 2001 3:50 PM
> To: 'jeff.dasovich@enron.com'; 'Kenneth.Lay@enron.com'
> Subject: California Energy Crisis Timeline
>
>  <<Energy Crisis Timeline.doc>>
>
> Good afternoon:
>
> You have been added to an e-mail distribution list form Assembly
> Republican Leader Dave Cox's office.  This timeline is one of many
> documents produced by the Assembly Republican Caucus.  Daily documents
> include daily agendas and a daily energy briefing document.  I will
> forward today's copies to you.
>
> If you have any questions as a result of your meeting with Mr. John
> Campbell, please do not hesitate to wither contact Mr. Campbell or Mr.
> Cox, or this office.  On behalf of Mr.. Cox, please accept his apologies
> for having to reschedule the meeting due to session.
>
> If you have any questions, please do not hesitate to contact us.
>
> Thank you,
>
> Richard
>
> Richard Costigan, III
> Chief of Staff
> Office of the Assembly Republican Leader
> California State Assembly
> Phone:(916) 319-2005
>
>
>

 - Energy Crisis Timeline.doc


Paul,

Can we get a breakdown of how much Enron gives to soccer and what does it pay for?

 -----Original Message-----
From: 	Gregory, Paul
Sent:	Monday, November 19, 2001 1:36 PM
To:	Alonso, Mario; Bennett, Joel; Bennett, Peter; Brent, Jason; Cangucu, Andre; Cross, Richard; Esbona, Jorge; Garza, Ernesto; Giannone, Adam; Gregory, Paul; James, Matthew; Jens, Felipe; Melinchon, Ermes; Monroy, Gabriel; Pearce, Barry; Poulson, Marc; Rostant, Justin; Servat, Russell; Sunar, Alper; Taylor, Michael E; Velez, Luis
Subject:	referee question

A proposal has been brought forward regarding next season:
Do we want to have 3 refs at the game (ie, a referee and 2 linesmen)?
The cost would increase from $20 a game to $60ish a game.

Some teams have suggested that this is not necessary as this is in fact a recreational league.  I tend to agree.

Let me know your thoughts, and I will pass them on to the league.


Joe,
Attached for your review, you will find a letter sent to S. Gagnon regarding
various issues in your case.  In addition, you will find a Motion to Clarify
the Court's Ruling on November 14, 2001, filed with the court yesterday.
Please advise me as to the times that your mother will pick up and return
Payton on Thanksgiving.
 <<MOTION TO CLARIFY COURT'S RULING.tty.wpd>>  <<Gagnon111601.ltr.tty.wpd>>
Sincerely,
Tammy Young
Legal Assistant
The Fullenweider Firm
4265 San Felipe, Suite 1400
Houston, Texas 77027
Telephone: (713)624-4100 ext. 1030
Fax: (713)624-4141
e-mail: ty@fullenweider.com

 - MOTION TO CLARIFY COURT'S RULING.tty.wpd
 - Gagnon111601.ltr.tty.wpd


Hi Pete,

Would it be possible for you to be in Houston this Friday morning for the GE
meeting?  It would be great to meet you in person, and have you participate.
What is your availability?

Kay


No problem.

-----Original Message-----
From: Shapiro, Richard
Sent: Wed 11/21/2001 7:19 AM
To: Nord, Sue; Novosel, Sarah
Cc:
Subject: FW: December 13-17

FYI

-----Original Message-----
From: Peter.Esposito@dynegy.com
Sent: Tue 11/20/2001 4:59 PM
To: Mary.Doyle@dynegy.com; Sarah.Tomalty@dynegy.com; Joel.Newton@dynegy.com; John.J.Stauffacher@dynegy.com; Barry.Huddleston@dynegy.com; Matthew.J.Picardi@dynegy.com; David.Cruthirds@dynegy.com; Chris.Russo@dynegy.com; Dan.King@dynegy.com; Joel.Newton@dynegy.com; Betsy.Carr@dynegy.com; Joe.Paul@dynegy.com; Greg.Blue@dynegy.com; Karen.Shea@dynegy.com
Cc: Ken.E.Randolph@dynegy.com; Shapiro, Richard
Subject: December 13-17

We are looking at finalizing our FERC 203 application on or about 12/15.
Please arrange your schedules to be fully available to the merger effort
during the 13-17th period.  Thanks in advance.

Peter G. Esposito
VP & Regulatory Counsel
Dynegy Inc.
1181 Gothic Corridor
P.O. Box 748
Crested Butte, CO 81224

Direct: 970-349-2080
Cell: 970-209-3071
Fax: 713-356-2050
Pager: 888-531-4367
Pager e-mail: 5314367@archwireless.net
DC Office: 202-216-1128
Houston Office: 713-507-3781


Please read the attached memorandum regarding the Hart-Scott-Rodino Filing
for Project 20/20 and respond as soon as possible.  Call me at (713) 853-1463
or Ann Ballard at the number referenced in the memorandum with any
questions.   Shonnie


I will be out of the office beginning Friday, November 16th returning on Monday, November 26th.

You all have a GOOD and SAFE Thanksgiving.

Jan


_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp

 - 10-19 0700 Report.xls


Your REGION

Geographical Boundary:

Fuel Sources  (Pipelines, Terminals, NG/FO2/FO6 storage, Rivers):
?        Coal:  (conversion factor, supply source)
?        NG:   (pipelines, basis to Henry Hub)
?        FO2/FO6:  (conversion factor, supply source, correlation to CL)

Load Mix:
?        Residential / Commercial
?        Industrial

Stack:
?        Nuke (tot. mw and % of tot. stack, marginal load/cost)
?        Coal (same as above)
?        NG (same as above)
?        FO2/FO6 (same as above)
?        Hydro

Historical Outage Cycles:
?        Nuke, Coal, NG, FO2/FO6

Seasonal Interchange:
?        Import (avg. daily mw and where)
?        Export (same as above)

Top 5 Largest Utilities/Operators:
?        Service Territory (within this region)
?        Stack
?        Load Mix

Top 5 Largest Merchant Generators:
?        Plant Locations/types

Attach historical load and MWDaily price sheet as last page for most actively traded hub in this region


I have made one correction to Guadalupe's degree --- it is actually MA, Law
and Diplomacy rather than MS, Finance.
Here is the corrected version.


Dale,

Thanks for the update. I fully concur with all the rankings.
It seems things are going well with the Research Group in
London and this is, to a very large extent, your contribution.

I think that Anjam has improved a lot. I don't think, however,
that he can run the group in the future. Steve emerged as a natural
leader and has overwhelming support in the organization.

Vince

Dale Surbey
06/15/2000 02:28 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: London Research PRC

Vince,

We had the PRC preranking for RAC and Research in London yesterday.  Here's
how everyone came out:

Steven - Superior:  No controversy here.  Steve received consistently strong
feedback (ranked as either superior or excellent in all categories).  The
only rough spot was teamwork, arising from the friction between Anjam and
himself.

Anjam - Excellent:  Anjam received rankings of Superiors or Excellents in all
categories.  Several reviewers commented that Anjam's performance in the
areas of producing results in a timely manner and communication have
improved.  I felt the overall ranking of excellent was justified based on
this feedback, even though in terms of leadership I don't rate him high
enough to run the group here.

Stinsen provided the most insightful comment on Anjam's performance:
"Technically superior but lets his quest for a leadership position detract
from his overall performance".

On a related topic, Anjam has been taking random days off, typically on short
notice, so I suspect he's interviewing for a new job.  Given his inability to
work with Steven (especially in the future when Stephen heads the group),
this may be the best long-term solution.  Any thoughts?

Ben - Superior:  Another non-controversial ranking.  Ben received
consistently high marks from all the groups he supports, especially in the
area of non-technical skills.

I nominated Ben for promotion to Senior Specialist.  Even though he was
promoted at year end, he's taken on a lot of responsibility training Kirstee
and helping manage the other quant resources in Brian's group.  Also, since
Kirstee was hired in at the same level as Ben, a mid-year promotion is
appropriate since he's effectively her supervisor.

Kirstee - Strong:  Only limited feedback in the 2 months she's been here.
High marks for technical/quantitative, strong in the "soft" skills.  I think
the strong rating is the right message for early in the game - gives her a
target for improvement for the rest of the year.

- Dale


Ramesh,

Do you still have a list of users who calculated their books at the end of September as 9/28 instead of 9/30?

Stacey


Sara:

I also received a message form an AA person asking for rate/FX templates.  I know we are supposed to come up with a set of approved templates but we don't yet have a process in place.  I thought we had until next year sometime.  My guess is that the most current source is the work you did a couple of years ago on confirms.

Scary, hunh?

Mark

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Tuesday, October 02, 2001 1:00 PM
To:	Taylor, Mark E (Legal)
Cc:	Cook, Mary; Sayre, Frank; Hendry, Brent
Subject:	confirmation templates

Mark:

I'm getting calls from different people with AA requesting copies of all "legally approved" confirmation templates.  I've had requests today from two different people with respect to power and rate/FX.  Do we have a formal process for  approving templates?  Where are the templates kept and how does legal know if they have been changed?   Have similar requests been made for other products?  There does not seem to be any sort of AA uniform deadline for submitting the templates.

I've asked AA to advise you so that we can all be consistent in our responses.

Thanks.  Sara

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


If at all possible, I would really appreciate postponing the tax discussion
until your next swap group meeting, which I think is in 2 weeks.  I have
other projects that I have to work on tonight and will not get the
opportunity to prepare a presentation for the group before the meeting.  I
really appreciate your asking me to speak to the group and also (hopefully)
your understanding and patience in postponing the tax discussion.

Best regards,
Susan

 -----Original Message-----
From:  Shackleton, Sara
Sent: Tuesday, March 20, 2001 6:18 PM
To: Musch, Susan
Subject: Copy of ISDA Schedule (internal "form")

Susan:  This may look confusing!  It contains all of our "choices" for
preparing the documents.  See Part 2 (Tax Reps) and the end of the document
which has our "choices" of tax forms.

I thought it might be helpful to be very basic about withholding issues,
etc., why we need the tax reps, and what questions we could ask upfront about
a party that would help us select an appropriate tax module.  We tend to not
"think" and expect a party "fill in the blank" when we are preparing draft
documents.

 << File: isda-schedule(multicurrency02-14-01).doc >>

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


Molly:  I'll send to you the latest draft.  Shane is looking to do a rate
swap and that is fine without FX amendments!  But, shouldn't we verify
whether our business will include FX (or did you already confirm)?  Thanks.
Sara

	Molly Harris
	08/14/2000 02:21 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Tanya Rohauer/HOU/ECT@ECT, Shane
Dallmann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: Citibank N.A./ENA Master Agreement and CSA

Sara

Yes, Carol and I went through the amendments.  It was decided to remove the
amendment pertaining to FX transactions and move forward with the threshold
and guarantee changes.  Last I heard was the latest draft from Stephen
Thatcher needed to change our name to Enron North America Corp.  I do not
have a copy of the latest draft.  Do you have it?  Do you need me to contact
Stephen.  We are eager to get executed since this has been open for some time.

Thank you
Molly

From: Sara Shackleton on 08/14/2000 11:08 AM
To: Molly Harris/HOU/ECT@ECT
cc: Tanya Rohauer/HOU/ECT@ECT, Shane
Dallmann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Citibank N.A./ENA Master Agreement and CSA

Molly:  I left you a voice mail this morning about Citibank.  The file
reflects that you received correspondence from Citibank on 2/22/00 and Carol
St. Clair had propsed revisions to the existing 1/9/96 ISDA Master Agreement
(including changes to the CSA).  Have you agreed to those changes?  The
Australia office is inquiring about the status of this Master Agreement.
Thanks.  Sara


Kay:

I thought I would check in to determine the status of the escrow account
since it needs to be set up 30 days following the execution of the Letter
Agreement.  Let me know if I should follow up with Chris regarding the
details.

Regards,

Marisa

 <<Reuter, Maria I. (Business E-Mail Address).vcf>>

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - Reuter, Maria I. (Business E-Mail Address).vcf


Last week, I spoke with Sally and asked her to kick off curve validations respective to all desks.  I emphasized that curve accuracy is particularly important.  Although probabilities exist that Dynegy will mark book down, I think it would be wise that this process not be a deal buster.  Do you want me to communicate this to desk heads?

Frank


AOPA ePilot Subscribers,

Let's try this one more time. Our last correction message came
through with some letters missing. Here (we sure hope) is a
version that you can read:

Please disregard the message at the top of this morning's issue
of "AOPA ePilot" that suggested that your AOPA membership was
about to expire or that it was your last issue of the newsletter.
Holiday computer gremlins conspired to erroneously send the
message to most "ePilot" subscribers this morning.

Again, please disregard the message. We apologize for the error
and will work to assure that it does not happen again. Thank you
for your patience and please have a Happy New Year.

Sincerely,

AOPA ePilot Staff


That's right.

 -----Original Message-----
From: 	White, Stacey W.
Sent:	Friday, January 25, 2002 8:06 AM
To:	Evans, Casey; Postlethwaite, John
Subject:	RE: risk books for December

Please update me on the answer to the following e-mail.  I am almost certain I know the answer, but would like to make sure we are all on the same page.

Thanks,
Stacey

 -----Original Message-----
From: 	Koerselman, Lisa
Sent:	Tuesday, January 22, 2002 9:29 AM
To:	White, Stacey W.; Gossett, Jeffrey C.
Subject:	risk books for December

I am following up to see where we stand on the risk books for December.  My understanding is that we will have at least 3 categories:  legally terminated, not performing but not terminated, and still performing.

The deals that are still performing should have liquidations, etc. "as normal" - the remainder will be "frozen" until an amount is settled with the counterparty.

I am inheriting the MTM group and am trying to get as much done before we split with the people going to NETCO, so if you can give me the status and ETA if the books are not done I would greatly appreciate it.

thanks
Lisa

Lisa Koerselman
x-53128


ouch! I'm trying not to look at emails but some are difficult to ignore.   Oh well  - we have seen worse.

Louise
---------------------- Forwarded by Louise Kitchen/HOU/ECT on 05/16/2001 02:05 PM ---------------------------

Chris Abel
05/15/2001 03:56 PM
To:	Ted Murphy/LON/ECT@ECT, John J Lavorato/Enron@EnronXGate, Louise Kitchen/HOU/ECT@ECT, David Port/Enron@EnronXGate, Cassandra Schultz/Enron@EnronXGate
cc:	Jeffrey C Gossett/Enron@EnronXGate, Shona Wilson/NA/Enron@Enron, Kimberly Hillis/Enron@EnronXGate, Tammie Schoppe/HOU/ECT@ECT, Araceli Romero/Enron@EnronXGate, Kenneth Thibodeaux/Enron@EnronXGate, Cassi Wallace/Corp/Enron@Enron

Subject:	5/14/01 Gas Var Violation

Attached is the Enron Americas gas VAR limit violation for May 14, 2001.  The Office of the Chair for Enron Americas is responsible for printing out a hard copy of this memo, signing it and returning the hard copy to Chris Abel who will forward it to RAC to obtain their signature.

Please call me at X33102 if you have any questions.

Thanks,
Chris Abel


THE FRIDAY BURRITO
"...more fun than a fortune cookie, and at least as accurate."

There is a hint of Autumn in the air.  I don't know if it's wishful
thinking, or if the seasons are really beginning to turn from our pale
summer into a Bay Area glorious Fall.  It's premature, I know.  A few
fallen leaves, the start of schools, slightly longer afternoon shadows
... I'm jumping the gun.  I can't wait for this summer to be over,
especially this summer.  The pounding never stops, and as I hear the din
of the cash register ringing with each climb in Southwest temperature, I
can barely keep track of all the hiccups which drive prices up: fires in
Montana restricting transmission paths, blown up interstate gas pipeline
in New Mexico, diminishing N-Ox credits for in-state power plants,
depleted inventory of hours of voluntary load interruptions for
commercial and industrial customers, credit limits restricting imports
of Canadian power into the Northwest and California, and BPA buying
about 1,000 MW to cover its short hydro position.

 I also get the willies every time another politician lambastes the
California restructured power industry.  I just want to end to the
summer, now, and start a two week Fall vacation ... anywhere, even in
Cleveland.

There are seven, count them, seven investigations into some aspect of
the wholesale power market out here.  Two days ago there were only six,
but FERC just added another yesterday in response to the Prez's
request.  That means FERC has two, the PUC has two, the State Attorneys
General has two (one on the ISO Governing Board, and one on the in-state
generators), and one by the Electric Oversight Board.  If you don't have
an ongoing study of the California Market, then you're not hip.

All of these investigations, save FERC's Section 206 Investigation, are
going to amount to near nothing.  A lot of wasted time and paper.  The
PUC and EOB studies have their conclusion sections all finished.  Now
they need some evidence to support their assertions.

And how are we holding up under all of this?  How are you doing?  I talk
to many of you throughout the week, and I know how frustrated you are.
I share your frustration.  You want to tell the public, the press, and
anyone in between the truth.  You want to lay out the facts.  You want
to show anyone who will listen that each interference into the market is
making things worse, not better.  The price caps, for example, are
damnable and screwing up the prices, much to the detriment of those
people for who price caps were supposed to be a protection against price
shocks.  Now they are receiving higher average prices.

The public isn't going to listen to anything longer than a sound bite.
And let's face it, when it comes to stellar public relations, our
industry is not known for turning in A+ performances, except for SCE.
Those guys seem to get their story in front of the public at every
turn.  I heard SCE is putting on their customers' bill, "Here is what
you would have paid if the rate freeze ended ....".  But many of us in
the new power industry, borne from the loins of either the natural-gas
industry or nuclear-power business, learned the hard way that the best
response to a public inquiry is a two-block head start in front of an
angry mob.  Keep your head down, shut your mouth, and this too shall
pass.

I don't buy that approach, at least not anymore.  That is, I don't
believe we have anything to hide, or of which to be ashamed.  What
electric restructuring is about is correct, beneficial to the public,
and in everyone's best interests.  Look at it this way, when they pat
the last shovelful of dirt on your final resting place, for what do you
most want to be remembered?  That you caved in to the political will of
others, or at a moment when you had the chance, you did what was right
instead of what was expedient?  I think the choice is easy, albeit laced
with sheer terror.  Those bland homilies I so diligently teach my kids
(e.g., tell the truth, do what is right, think of the big picture and
not just yourself) are a lot easier to speak than to live by.  So join
me and stand up for what you believe.  They can't take away your pride,
not yet.

Here is this week's line up.

>>> Things in the People's Republic of California
 @@@ Excerpts from FERC's Order on SDG&E Complaint
 @@@ The Development of a Super-Peak Block Energy Product

>>> The Mailbag: A Letter from My Friend, and A Response

>>> Odds and Ends (_!_)

 @@@ Finish the Story Contest
 @@@ October General Meeting
 @@@ What Makes Houston, Houston?

>>> Things in the People's Republic of California
 @@@ Excerpts from FERC's Order on SDG&E Complaint

President Clinton commented from the Rose Garden that good folks in San
Diego, retired, fixed-income, likely to vote for a Democrat, are making
choices between buying medicine or air conditioning their homes.  I call
this the Del Monica Beach lecture.  The Prez instructed the FERC to
investigate the situation in California, and FERC wasted no time.

In response to SDG&E's August 2 complaint, whereby the utility asked
FERC to impose a $250 price cap on generators in the region, the FERC
responded in a way that I was hoping to see several months ago.  The
FERC slammed SDG&E on their complaint for lack of merit, and the FERC
also initiated an FPA Section 206 Investigation into the wholesale power
market in California.

Here are some of the juicy excerpts from FERC's Order:

"In this order, ... , we are denying SDG&E's requested immediate
imposition of a price cap on all sellers in California.  However, we are
instituting consolidated hearing   proceedings pursuant to section 206
of the Federal Power Act to investigate the justness and reasonableness
of the rates and charges of public utilities that sell energy and
ancillary services to or through the California ISO and PX, and to also
investigate whether the tariffs and institutional structures and bylaws
of the California ISO and PX are adversely affecting the efficient
operation of competitive wholesale electric power markets in California
and need to be modified

"SDG&E concludes that the markets cannot be workably competitive if
sellers are able to exact prices that are considerably above levels that
would prevail in open competition, i.e., sellers are able to bid and
receive prices significantly above their marginal costs.  SDG&E also
argues that the hour-to-hour volatility in imbalance energy prices and
the erratic clearing price for ancillary services is an indication that
the market is breaking down when it is moderately stressed.

"While we find it appropriate to institute a section 206 hearing on
these issues, we cannot implement an immediate price cap of $250/MWh as
requested by SDG&E because there is no record before us to support such
an action.  ...  While the issues raised by this complaint are
important, the Commission has no basis to conclude that SDG&E's proposal
to place an immediate, arbitrary $250/MWh cap on the price that every
public utility seller of energy and ancillary services may bid into the
PX and ISO markets would satisfy this standard.  SDG&E has provided no
evidence to demonstrate that all potential sellers are able to exercise
market power, has not documented a single instance of a seller
exercising market power during times of scarcity, and did not attempt to
show that the conditions underlying the Commission's approval of
market-based rates for public utility sellers of energy and ancillary
services have changed.  Nor did it address specific market or
institutional  factors that may be causing rates to be unjust or
unreasonable.

"SDG&E asserts that the ISO's congestion management and market
structures are flawed and in need of overhaul. ... Furthermore, SDG&E
expresses its concern that, for a number of reasons, the congestion
management and market reform efforts being pursued by ISO stakeholders
will not produce  meaningful results.  SDG&E indicates that it is
prepared to work with the ISO to develop alternative reform proposals;
however, SDG&E's complains that the ISO stakeholder process has, in
SDG&E's judgment, been ineffective with respect to these issues.

"Various interveners contend that SDG&E's arguments are premature. ...
We agree with Interveners. ...  The reform efforts have been the subject
of extensive public review and comment and are nearing completion.
Accordingly, we reject SDG&E's arguments at this time.

"It is unclear whether SDG&E's failure to purchase hedging instruments
for its retail operations is due to state regulatory policies or its
business decisions.  A retail rate design that exposes consumers to the
volatility of commodity prices would be extraordinary, particularly when
consumers do not have the ability to receive or respond to price
signals.

"We are concerned that ... increasing level of market activity in the
real-time market raises significant reliability and economical concerns.
...  Historically, the ISO procures on a daily basis only the resources
needed for the operating day.  Not only does this procurement practice
put pressure on the grid operator to secure needed resources at the last
minute, but the practice is uneconomical.  Such spot-market purchases
are not subject to the ISO's  buyer's cap.  Furthermore, because the ISO
is the supplier of last resort for these services, when OOM calls are
made, suppliers realize that the ISO is in a must-buy situation.

"In an effort to address this problem, we direct the ISO to immediately
institute a more forward approach to procuring the resources necessary
to reliably operate the grid.  Specifically, the ISO should anticipate
the need for such additional resources based on  forecasted peak
periods.  We direct the ISO to factor these reforms into an analysis of
the need for and level of purchase price caps and to include this
analysis as support for any filing it makes to extend its purchase price
cap authority."

In closing, WPTF is an intervenor in the case, and we hope to be very
active in the case through testimony, cross examination, the filing of
briefs, and reply briefs.

>>> Things in the People's Republic of California
 @@@ The Development of a Super-Peak Block Energy Product

Several weeks ago, I discussed with the ISO their interest in developing
a new market for a block energy product that would be purchased in the
morning of a trade day, and be dispatched during the super-peak hours.
I challenged them to let the market participants develop this market
instead of the ISO doing the same.

At the August 1 ISO Governing Board meeting, I stated as the WPTF
position that we oppose price caps, but if the ISO Governing Board
insisted on going down the $250/MWH price cap route, we would do what
ever we could to help the situation and avoid the occurrences of Stage 3
alerts.  Whereas I didn't think about the conversation on super-peak
block markets as being relevant to  the remarks before the Governing
Board, it became painfully clear soon after that we could, and should
work with the ISO to develop a new market through either APX or the
California PX, or both, to bring some order to the otherwise chaotic Out
of Market system.

This week, WPTF and the ISO had a joint meeting whereby both sides
discussed the merits of a super-peak block firm-energy product, and how
it could be instituted.  The meeting at the ISO, at which WPTF had many
of its members who either have generation in the State, or import power
into California, was for market participants and the ISO to discuss how
to bring more order and price transparency to the ISO's out of market
calls. The ISO reported that this summer, to date, the amount of money
spent on Out of Market purchases was about $100 million.  Last year the
total cost of Out of Market purchases was $1.7 million.

APX and CalPX, in response to our earlier discussions with them,
presented their proposals at the meeting.  The discussions which ensued
during the course of the presentations focused on how the ISO might
utilize a product/service to reduce the manpower requirements currently
needed to satisfy its out of market telephone calls, typically on short
notice, and the interest on the part of market participants to make bids
into either the APX or CalPX's proposed system for a super-peak
firm-energy product.

There were no  commitments made by any party, simply a willingness to
work together to alleviate the problems associated with finding
sufficient electric power during high demand periods with greater
transparency, more participants, and greater market efficiency.

We'll keep you posted on our development of this market.

>>> The Mailbag: A Letter from My Friend, and A Response

Sometimes I share bites of our Burrito with fellow travellers, much as I
did last week when I sent my friend Mike Florio a copy of the story
called the Trial of Gow Jing.  Mike sent me a note that I would like to
share. He said I could.  I want you to read it and appreciate that there
are other people who share his view.  I also copied the response I sent
to Michael, a.k.a. Old Deuteronomy.

Michael wrote:

"I'm not going to attempt to complete your little melodrama [the
Gow-Jing story], but I did want to offer an observation.  In simpler
times, people knew the other people that they did business with, and
they typically lived in the same community.  If a merchant tried to
charge exorbitant prices for his products, even if he was the only one
in town who had the product in stock, he would face the wrath of his
fellow citizens.  This undoubtedly served as a constraint on such
behavior, even in the absence of a CPUC or FERC. Telling Mrs. Jones that
the loaf of bread she needs to feed her kids will cost her $50 would not
be a pleasant way to do business, and such things ordinarily did not
happen.

"In the modern global economy, of course, this personal aspect of doing
business has been almost completely lost.  And so has the restraint.  I
have no doubt that the folks who sell electricity are good people (jeez,
I know many of them), but they work in an environment where the end
results of their business decisions are invisible.  If Mrs. Jones can't
afford to run her refrigerator any more, that fact is at best dimly
perceived, and if so it is viewed as cause for some sort of social
program, not a reason why a merchant would alter his behavior.

"This is clearly not a case of socialism versus capitalism, because both
scenarios occur within the overall context of a capitalist system.  But
certainly something fundamental has changed, and not for the better in
my view.  Now everyone feels compelled to squeeze the last dollar out of
every transaction-- their jobs may even depend upon it-- and no one is
responsible for the end result.  Is this the kind of world we want to
live in???

"PUT THAT IN YOUR BURRITO AND SEE WHAT YOUR READERS SAY!  YOU CAN EVEN
BLAME ME, SO THAT YOU ARE NOT ACCUSED OF TURNING PINK IN YOUR MIDDLE
AGE.      Deut"

Okay.  It's in the Burrito.  And here is what I think.

You allude to the change in a world that was once "more personal" and is
now institutional.  You make the point that things are not better off if
for no other reason then the lack of personal accountability.  But I
don't think that in all cases the more personal world is lost.  It is
ever present, as I will argue below.  Second, your group embraces the
impersonal "efficiencies" when it is convenient.  Finally and most
importantly, where will your social-minded and like minded counterparts
be when competitive forces leap supply ahead of demand, which might
happen in a handful of years?

However, your essential point is not lost on me.  I do believe that
there are ways for generators and consumers to be good neighbors in
California.  I have a proposal below to which I would like to hear your
response.

First, though, the personal business touch is present in our economy.  I
exercise the restraint to which your story pines in many of my
consulting engagements which require financial give and take between
client and vendor.  It is simply smart business to do so.  I have been
the beneficiary of the same with my local bank when errors occurred in
my checking accounts, or when loan payments were made absent mindedly
late, etc., and the late fee forgiven.  However, much of our economy,
and certainly the trade of a commodity such as electricity requires the
use of markets.  Nameless and faceless, they do squeeze out all the
efficiencies which lead to lower prices, more innovation, and a sharing
of price risk with parties who are neither the ultimate consumer nor the
initial producer.  The producer and consumer get out of the risk
arbitrage and leave it to others who are more skilled and monied.

I find it ironic that TURN, then, is so insistent on arguing, as it has
done on many many occasions for the relaxation of market separation in
the ISO's congestion management reform.  Elimination of market
separation is nothing more than the impersonal forcing of parties to
execute trades on either side of a congested transmission path in the
name of market efficiency.  Lower prices for consumers.  Does it really
matter if it is done through person to person transactions, or through
markets?

Third, your story can be used to make an alternative point.  What
happens to the merchant in town when Wal-Mart moves into the next town
down the road?  All the faithful customers that your Merchant of
Vengeance was protecting suddenly migrate to a competitor with greater
inventory, more choice, and lower prices.  What do you say, then?  The
corollary for us is direct.  The new generation owners moved literally
billions of dollars into California, at risk, and took a chance.  It
paid off.  They succeeded as we all know this year, and probably will
next year, and so on.  But the 3,000 MW of new power plants under
construction in California, and the 3,000 MW under construction in
Arizona, and the over 16,000 MW of combined power projects in
California, Arizona, and Southern Nevada that are in line for permits
will change the financial landscape in a hurry once energized.  The
prices will soften, returns will be less cherry, and I really want to
know, where will today's accusers be when there is a shake out?
Consumers will reap that benefit, oh you best believe it. But the
alliances to which your opening story alludes simply misses that point.
You gotta make hay while the sun shines.

Now to my proposal.   Michael, I would be willing to work with you to
develop some kind of loan program for residential and small commercial
customers that would, in effect, reduce the economic hardship of higher
electricity prices.  I could imagine, although I haven't tested the idea
with any parties,  that a significant program could be crafted, possibly
secured by the credit of participating generating companies, and
executed by a commercial lending institution such as Bank of America.
Borrowers would pay a fair interest rate and the administrative fees.
It's simply smart business, not charity.  It's one way to amortize the
earnings which came about due to a circumstance of short supply relative
to the sudden growth of demand for power.

Maybe that is a step in the right direction, I don't know. One could
argue that it is no different than SDG&E implementing a level payment
plan for it's consumers.  True, it is no different, because in either
case the customer is paying for the loan interest and administrative
fees, and I consistently believe that a market for credit is more
efficient (am I getting impersonal?) than one instituted by a
monopoly.   Second, the security for these loans is provided by parties
other than the utility's customers.  Further, we wouldn't have to worry
about PUC oversight and prudence reviews.  We could make this work
quickly.

I will be very interested to hear your thoughts, and the comments of my
members.  Thanks for sending us your letter.

>>> Odds and Ends (_!_)

 @@@ Finish the Story Contest

Well, there was only one response, and that was from Carl Imparato.
Here is what Carl said,

"Am I missing something? Who is Gow-Jing supposed to represent? (Yes, I
get the pun in the name.  But is he also just an anonymous "everyman" or
is there someone in particular?)

"My first response to your question is that Gow-Jing simply replies
`Itai!' (You could look it up... I think it's Chinese for `it hurts!').
Then he takes out a concealed axe, goes on a rampage and kills
everyone.  But that's too realistic, so don't use that ending.  Instead:

"Ending:  Just as he was about to reply, a giant 500 foot wall of water
swept through the room, drowning everyone.  And they lived happily ever
after.  The end."

I haven't decided whether to name this response Carl's Gilgamesh Epic
(I.e., Noah and the flood), or Carl's Hydro Dream.  We'll leave the
contest open for another week.  Can't let $5 bucks go the only entry.
Where's the competition?

>>> Odds and Ends (_!_)

 @@@ October General Meeting

Barb Ennis, our event coordinator for our General Meeting wanted you
folks to know that the Inn at Morro Bay blocked a few more rooms for us
on Wednesday, October 4th (for the early birds) and of course Thursday,
October 5th. To date, 21 of the 24 rooms originally set aside in the
WPTF block are now taken.

Among the additional rooms, there are 2 rooms blocked with double beds
on Wed. & Thur. nights at $152.00 each and 6 rooms on both nights for
$89.00 each.  Folks, you better call the Inn at Morro Bay, telephone
800-321-9566.  Rooms should be requested under the name of the Western
Power Trading Forum.

Also feel free to call the Inn and book a room for Friday and Saturday
if you wish to stay over....ask for SHAWN.

For those who are in the golf, green fees are $28.00 plus $10.00 for the
cart.

Please RSVP me by E-Mail (baennis@ix.netcom.com) if you are attending
The Social Evening Dinner On Thursday Night ($45 per person, all are
invited) and also the luncheon on Friday (no charge) .... I must have an
accurate headcount.

Have a great weekend and see you at Morro Bay.......Barb

>>> Odds and Ends (_!_)

 @@@ What Makes Houston, Houston?

Dan Douglass of Arter and Hadden sent us the following item. Houston,
the unofficial home of the electric power industry, is a town you either
love or hate.  Here are some guiding principles offered by the Chamber
of Commerce of the 4th largest city to enable their many visitors to
cope.

   First you must learn to pronounce the city  name. It is YEWS-TUN and
it does not matter how people pronounce it in other places.

   Forget the traffic rules you learned elsewhere. Houston has its own
version of traffic rules. Never forget that downtown Houston is composed
entirely of one way streets. The only way to get out of center of town
is to
turn around and start over when you reach Dallas, Texas.

   All directions start with, "Go down  Westheimer..."

   Westheimer has no beginning and no end.

   It's impossible to go around a block and wind up on the street  you
started on. The Chamber of Commerce calls this a "scenic  drive".

   The 8am rush hour is from 6:30 to 9:30am. The 5:00 pm rush hour is
from 3:30 to 6:30 pm.  Friday's rush hour starts on Thursday morning.

   If you actually stop at a yellow light, you cannot be from Houston.

   Kuykendahl Road can only be pronounced by a native, so do not
attempt the phonetic pronunciation. People will simply tilt their heads
to the right and stare at you.

   Construction on the Gulf Freeway is a way of life, and a permanent
form of entertainment.

   Many bizarre sights can be explained simply by uttering the phrase,
" Oh, we're in Montrose!!"

   Construction crews aren't doing their job properly  unless they
close down all lanes except one during rush hour.

   If  someone actually has their turn signal on, it was probably left
on at the factory where the car was made.

   White haired men driving red or silver sports cars will not obey any
known traffic rule and cannot be expected to stop for red lights or stop
signs.

   All ladies with blue hair who drive Cadillacs or Lincoln
Continentals have the right of way.

   The above mentioned blue haired ladies also have a  legal right to
turn right from a left lane or to turn left from a right  lane. YOU HAVE
BEEN WARNED!

   Buying a  Houston street map is a waste of money since there is
absolutely no way that you can route yourself in such a manner as to
avoid major road construction.

   Houston natives are so rare that they are listed on the endangered
species list. The few remaining specimens are kept in a controlled
environment for their own safety.

   Sir" and "Ma'am" are used by the person speaking to you if there's a
remote  possibility that you're at least 30 minutes older than they are.

   "Sugar" is a more common form of  address than "Miss". So is
"Honey". Do not take offense. This is how southerners address grown
women.

   In Houston we drink Coca-Cola  and Dr. Pepper. It is rumored that
other soft drinks are sold here, but no one will admit to knowing anyone
who actually drinks them.  So don't ask for any other soft drink.

   What you need to know when arriving at Bush Intercontinental
Airport: Your arrival gate is at least 32 miles away from the Main
Concourse of any terminal.  Walking heels on your boots or walking shoes
are advised.

   Never honk your horn at another car in Houston traffic. The bumper
sticker that reads, "Keep honking, I'm reloading" is considered fair
warning.

=============

Have a great weekend, y'all.

gba


WARNING - THE NEW SITARA RELEASE IS GOING OUT THIS WEEKEND

DON'T BE LOST ON MONDAY

THIS IS THE LAST CHANCE TO SEE A DEMO BEFORE WE GO LIVE

Reminder - A New SITARA release with a complete redesign of Risk Assignment
is scheduled to be implemented into production this weekend.

Please make every effort to attend the last demo:

WHERE: EB 5C2

WHEN: Jan 20 - 4:30 - 5:30

There are some major changes to SITARA that will result in a transformation
of every deal with risk assignment.
This release includes the introduction of financial deal types needed for
SITARA valuation and eventual replacement
of CPR and TAGG systems for natural gas.

You are encouraged to invite anyone you believe may be interested in
attending.


As you know, several weeks ago we retained an attorney out of Wahington DC to
assist us with the EPA permitting issues. The need for counsel was put on
hold when we decided to move the plant. Is ther anything more we need to do
to follow up on this matter?


Slow browser may need to wait 15 seconds for your email to appear, then scroll to view.
mailto:leave-enerfaxdaily-797747T@relay.netatlantic.com
to unsubscribe enerfaxdaily as: lindy.donoho@enron.com forward to web@enerfax.com

If your email does not support this web
version, please subscribe to the free text version by writing subscribe@enerfax.com
Please visit our website to view today's gas and power prices and news by
clicking http://www.enerfax.com

If you received this in error or no longer wish to subscribe forward this email to web@enerfax.com


QB --bledsoe

RB--E. George,jj johnson

rec--antonio freeman, k lockett, tony gonzalez

k-- m. gramatica

def-- giants


- 2.jpg
 - 3.jpg
 - 4.jpg
 - 5.jpg
 - 6.jpg
 - 7.jpg
 - 8.jpg
 - 1.jpg


Tim, lets not worry about margin at this point - we are trying to get a
handle on headcount and direct expenses/capital charge first.  You will have
your day in court to discuss margin soon.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/10/2000
12:46 PM ---------------------------

	From:  Tim Belden                           11/10/2000 12:32 PM

To: David W Delainey/HOU/ECT@ECT
cc:
Subject: 2001 Plan

---------------------- Forwarded by Tim Belden/HOU/ECT on 11/10/2000 09:34 AM
---------------------------
From: Tim Belden on 11/10/2000 10:31 AM
To: John J Lavorato/Corp/Enron, Dave Delainey
cc:
Subject: 2001 Plan

I received the 2001 plan that Dave sent up here.  Chris and I talked and are
working through all of the questions that Dave had.  I noticed that the gross
margin plan for west power trading was $170 million.  When you were here I
talked about $100 million total and then you talked me up to $120 million
total with $100 from the trading efforts and $20 from middle
market/services.  Why the change from $120 to $170?  Perhaps it was a
typo?????  While I intend to make as much money as I possibly can next year,
the $170 number seemed high.  Particularly given the regulatory freak show
that is going down in California right now.


I just got to the office and wanted to send this on. The Lord gave me some good stuff to read over ya'll this morning. Some was hard to "hear" but as is His way, there is ALWAYS His good heart in His messages. ALWAYS a "Come to me, I love you." message.
I need to time to pray over that email but this is still true even after the passages. I hope you are encouraged. Hope you got the tapes I left on Saturday.
I am keeping a "prayer journal" which is a little separate from the "prayer walking" but I am getting to where I record the impressions during my walks.
OH MR. LAY, I just know that you are calling on Jesus for wisdom! Your heart must be so heavy. Call out for His people too. A shepherd cares for his sheep. God is going to take many of "His sheep" that have been under your care into another "earthly pasture" for their care but He is working all things together for good-to them that love Him. Let's pray for more to fall in love with Jesus!
Lynda Phinney
The Joy of the Lord is my strength...
713-215-3520
lynda.l.phinney@williams.com
-----Original Message-----
From:   Phinney, Lynda L
Sent:   Sunday, December 02, 2001 9:26 AM
To:     'Ken.Lay@enron.com'
Subject:        Man of God
Mr. Lay,
I am back home and about ready to leave for church. It occurred to me while I was driving back home that God knew of this time before the foundations of the world. He knew that you would be the man at the head of this company. You are a man of God and the Lord knew you would turn to Him in time of trouble.
Think about that. God gave you a shepherd's heart because your employees "heard" your voice in the emails you sent during the hard times leading up to this. Your's is a gentle voice. THAT is GOD in you! And a shepherd at that! Oh how blessed you are!
You showed that you don't love money because you did not take the "golden parachute" money. Even though you might have hated to give it up "in your feelings" but in your heart you obeyed a higher call on your life!
God is apparently keeping you calm even during the railing accusations that the enemy is hurling against you. Look at how you glorify God. You most likely don't feel that way but that is what the truth is.
God has me in constant prayer on your behalf, your employees, your wife, and the spouses of the employees, for HIS glory!


Mark,
Susan said to go ahead and expense the cell phones.  I called AT&T and it was 176.92  so I put it on my credit card and I'll turn it in.  The phones should be on now.


Can you forward me some information regarding the French firm we discussed
last week?


Delete last sentence
--------------------------
Jim Steffes
Enron


Deal number 478905. Jeff Richter forgot to put the broker in. I'll change it
when the calc is done.

Thanks,
kate

Kerri Thompson@ENRON
12/12/2000 02:29 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: tfs

missing deal

sell aep
Q2
120.00
25 mw
sp15