---------------------- Forwarded by Judy Hernandez/HOU/ECT on 02/03/2000
11:17 AM ---------------------------

Judy Hernandez on 02/01/2000 02:46:47 PM
To: Dora _Thurmond@UnitedDC.com, Sandra_Hernandez@UnitedDC.com
cc:
Subject: Fwd: So Very True...

---------------------- Forwarded by Judy Hernandez/HOU/ECT on 02/01/2000
02:45 PM ---------------------------

	Enron North America Corp.

	From:  Maria Sandoval                           01/25/2000 01:32 PM

To: Andrea R Guillen/HOU/ECT@ECT, Phenicia Olivier/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Melissa Rodriguez/HOU/ECT@ECT, Cassandra S
Dutton/HOU/ECT@ECT, Cecilia Olvera/HOU/ECT@ECT, Lorraine Becker/HOU/ECT@ECT,
Irena D Hogan/HOU/ECT@ECT, Angela Henn/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT,
Chantelle Villanueva/HOU/ECT@ECT, patty.soria@mwk.com,
elizabeth.gutierrez@eott.com, Judy Hernandez/HOU/ECT@ECT, Elizabeth
Soto/HOU/ECT@ECT, amolina@unifirst.com, apena26@hotmail.com, Pamela
Sonnier/HOU/ECT@ECT, Brenda Barreda/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Fwd: So Very True...

This is sooooo very true.
---------------------- Forwarded by Maria Sandoval/HOU/ECT on 01/25/2000
01:32 PM ---------------------------

Judy Hernandez on 01/25/2000 01:25:08 PM
To: Melissa Rodriguez/HOU/ECT@ECT, Maria Sandoval/HOU/ECT@ECT, Elizabeth
Soto/HOU/ECT@ECT, Lisa Shoemake/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Amber
Limas/HOU/ECT@ECT, Leslie Smith/HOU/ECT@ECT, Angela Barnett/HOU/ECT@ECT, Rose
Botello/HOU/ECT@ECT, Shirlet Williams/HOU/ECT@EES
cc:
Subject: Fwd: So Very True...

---------------------- Forwarded by Judy Hernandez/HOU/ECT on 01/25/2000
01:22 PM ---------------------------

	From:  Michelle Neville                           01/25/2000 01:04 PM

To: Alicia Jones/HOU/ECT@ECT, Paula Pierre/HOU/ECT@ECT, Cassandra
Moses/HOU/ECT@ECT, Rhonda Robinson/HOU/ECT@ECT, amelia_hinton@valic.com,
danaa@corbettstaff.com, Judy Hernandez/HOU/ECT@ECT, Sandra R
McNichols/HOU/ECT@ECT, Paul Ramirez/HR/Corp/Enron@ENRON
cc:
Subject: Fwd: So Very True...

---------------------- Forwarded by Michelle Neville/HOU/ECT on 01/25/2000
01:00 PM ---------------------------

Jessica Anaya
01/25/2000 08:47 AM
To: Leslie Linares/Corp/Enron@ENRON, Claudia Meraz/HOU/ECT@ECT, Etelvina
Guerra/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michelle Neville/HOU/ECT@ECT,
Angela Barnett/HOU/ECT@ECT, sbellard@hotmail.com
cc:
Subject: Fwd: So Very True...

---------------------- Forwarded by Jessica Anaya/HOU/ECT on 01/25/2000 08:46
AM ---------------------------

Helen Martinez <helenmar1980@yahoo.com> on 01/24/2000 09:01:56 PM
To: Jessica Anaya/HOU/ECT@ECT, Monica Anaya <madaa@swbell.net>, Yanett Anaya
<Yanett2121@hotmail.com>, Keziah Apura <kweenpobby@aol.com>, Carmen Cantu
<ccantu_79@yahoo.com>
cc:
Subject: Fwd: So Very True...

Note: forwarded message attached.

__________________________________________________
Do You Yahoo!?
Talk to your friends online with Yahoo! Messenger.
http://im.yahoo.com

X-Apparently-To: helenmar1980@yahoo.com via mdd202.mail.yahoo.com
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From: "Rios Belinda" <b_line78@hotmail.com>
To: lmsol@aol.com, mmederes@yahoo.com, bryan.snoddy@scott.af.mil,
neh21@alltel.net, shelbeekay@aol.com, arreliz@aol.com,  helenmar1980@yahoo.com
Subject: Fwd: So Very True...
Date: Mon, 24 Jan 2000 15:26:43 PST
Mime-Version: 1.0
Content-Type: text/plain; format=flowed
Content-Length: 4268

>From: "Beverly Wehmeyer" <BWehmeyer@gpsolaw.com>
>To: <ALeon57383@aol.com>,<Lybw1@aol.com>,
><melly4260@aol.com>,<Jennifer.Diaz@cna.com>, <b_line78@hotmail.com>
>Subject: So Very True...
>Date: Mon, 24 Jan 2000 17:14:46 -0600
>
> >> Subject:     So very true. Everyone must read this. It's beautiful
> >>
> >> Happiness......
> >>
> >> We convince ourselves that life will be better after we get married,
>have
>
> >> a
> >> baby, then another. Then we're frustrated that the kids aren't old
>enough
>
> >> and we'll be more content when they are. After that, we're frustrated
>that
>
> >> we have teenagers to deal with. We'll certainly be happy when they're
>out
>
> >> of
> >> that stage.
> >>
> >> We tell ourselves that our life will be complete when our spouse gets
>his
>
> >> or
> >> her act together, when we get a nicer car, are able to go on a nice
> >> vacation,  when we retire.
> >>
> >> The truth is, there's no better time to be happy than right now. If not
> >> now,
> >> when?
> >>
> >> Your life will always be filled with challenges. It's best to admit
>this
>
> >> to
> >> yourself and decide to be happy anyway.
> >>
> >> One of my favorite quotes comes from Alfred D. Souza.  He said, "For a
> >> long
> >> time it had seemed to me that life was about to begin - real life. But
> >> there
> >> was
> >> always some obstacle in the way, something to be gotten through first,
> >> some
> >> unfinished business, time still to be served, or a debt to be paid.
> >>
> >>
> >> Then life would begin.  At last it dawned on me that these obstacles
>were
>
> >> my
> >> life."
> >>
> >> This perspective has helped me to see that there is no way to
>happiness.
>
> >> Happiness is the way.  So, treasure every moment that you have and
> >> treasure
> >> it more because you shared it with someone special, special enough to
> >> spend
> >> your time with...and remember that time waits for no one.
> >>
> >>
> >> So, stop waiting until you finish school, until you go back to school,
> >> until
> >> you lose ten pounds, until you gain ten pounds, until you have kids,
>until
>
> >> your kids leave the house, until you start work, until you retire,
>until
>
> >> you
> >> get married, until you get divorced, until Friday night, until Sunday
> >> morning, until you get a new car or home, until your car or home is
>paid
>
> >> off, until spring, until summer, until fall, until winter, until you're
> >> off
> >> welfare, until the first or fifteenth, until your song comes on, until
> >> you've had a drink, until you've sobered up, until you die, until
>you're
>
> >> born again to decide that there is no better time than right now to be
> >> happy.
> >>
> >> Happiness is a journey, not a destination.
> >>
> >> Thought for the day:
> >> Work like you don't need money,
> >> Love like you've never been hurt,
> >> And dance like no one's watching.
> >>
> >>
> >> An Angel To Watch over You
> >> Some people  come into our lives  and quickly go..
> >> Some people  become  friends  and stay a while.. leaving beautiful
> >> footprints on our  hearts and we are never quite the same because we
>have
>
> >> made a good friend!!
> >>
> >>
> >> Yesterday is history.
> >> Tomorrow a mystery.
> >> Today is a gift.
> >> That's why it's called the present!
> >>
> >> I think this is special.....
> >> live and savor every moment.....
> >> this is not a dress rehearsal!
> >>
> >>
> >>   (\           /)
> >>   ( \  __  / )
> >>    ( \ (  ) / )
> >>    (( /<>\ ))           TAKE THIS LITTLE ANGEL
> >>    ( / \/\/  \ )           AND KEEP HER CLOSE TO
> >>      (       )             YOU SHE IS YOUR GUARDIAN
> >>      (       )             ANGEL SENT TO WATCH
> >>      (       )             OVER YOU~~~~~~
> >>
> >>
> >> THIS IS A SPECIAL GUARDIAN ANGEL... YOU MUST PASS THIS ON TO 5 PEOPLE
> >> WITHIN
> >> THE HOUR OF RECEIVING HER..AFTER YOU DO MAKE A WISH....IF YOU HAVE
>PASSED
>
> >> HER ON, YOUR WISH WILL BE  GRANTED AND SHE'LL WATCH OVER YOU
>FOREVER....IF
>
> >> NOT..HER TEARS  WILL FLOW AND NO WISHES WILL BE GRANTED....
> >>
> >> Now don't delete this message,because it comes from a very special
>angel.
>

______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


I am working with CIBC on another credit mitigation deal.  They are
interested but they have said nothing yet on pricing levels.  I am sending
them something on Monday that will propose a Enron payment on Friday December
17th of approximately $16 MM CAD.   Again, this payment would come from the
U.S. office so if there are any administrative things that need to get done I
suggest we get on it quickly.  I assume Juanita needs to deal with funding
and Louie needs to secure a letter from CIBC re credit mitigation.  I'm in
Houston part of the week but you can track me done through my secretary.

Regards

John Lavorato


Start Date: 4/19/01; HourAhead hour: 12;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041912.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:  16.00 / Final:  15.97)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/19/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_DESERT
  ENGY_TYPE: FIRM
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/19/01
  TIE_POINT: SLVRPK_7_SPP
  INTERCHG_ID: EPMI_CISO_ZEBRA
  ENGY_TYPE: NFRM


CBE, Inc is cancelling their contract with ENA for Meter 11480 Equitrans
production effective July 1, 2000.

The only production which we have for July forward should be:
 1.  Braxton Oil & Gas
 2.  Bill Kennedy
 3.  Aurora
I do not want to cancel their contracts untill we are sure that we do not owe
Equitrans for any past negative imbalances.

Cindi, when you nom for July, let me know the volume and I will try to sell
the gas to Dominion.

John


Executive Summary
? FERC Considers Price Caps in the West
? Davis/SoCal Ed MOU subject to legislative revisions (we still stand by our
early reports that the SoCal/Davis transmission deal will most likely fail
and that SoCal will follow PG&E into bankruptcy court)

FERC mitigates price spikes in the West
FERC Chairman Hebert has placed a RTO West proposal onto the agenda for this
week's meeting. The proposal would "mitigate" price surges by requiring
generating companies to sell power into California and other western states
during Stage 3 emergencies (when there is less than 1% surplus electricity in
the grid) and cap the price generators could charge during these highest
states of emergency.
1)  The FERC proposal would not set price caps for any other time than Stage
3 emergencies
2)  It would expire after a year
3)  It would set the top reference rate at "cost plus" based on the cost to
produce electricity by the most inefficient producer
FERC is also looking at initiatives that would encourage the agriculture
industry to possibly sell their power and natural gas contracts instead of
using them to produce their products. Although this proposal has not been
formally approved or voted on at this time, the Chairman's control over
FERC's agenda is absolute and nothing gets on the agenda he does not want to
consider. Thus, if it stays on the agenda through meeting time, the odds of
it passing are quite high if the meeting avoids total breakdown into
hard-headed chaos. The key has been Commissioner Breathitt.  The two recently
nominated Commissioners have not yet been approved by the Senate and so
cannot vote this week. Thus any change in Breathitt's position definitively
tips the balance of power in FERC.
Davis & SoCal. MOU not a Done Deal
According to sources, the first legislative alteration to the Davis/SoCal MOU
will involve removing the dedicated rate component necessary to repay SoCal's
creditors.  This point only highlights the Senates' indecision on how to deal
with paying off generators.  Solutions currently range from seizing assets to
seeking legal relief for corporate price gouging and sources indicate that
the QFs are still likely to file involuntary bankruptcy against SoCal upon
the Senate's first official sign of unwillingness to work with creditors.


---------------------- Forwarded by Catherine Clark/HOU/ECT on 09/28/2000
02:05 PM ---------------------------

<Jeffrey.W.Dellapina@chase.com> on 09/28/2000 01:41:04 PM
To: Catherine.Clark@enron.com
cc:
Subject: Re: swap details on Alberta prepay

I'm not available at that time.  Pls amend your sample confirm after the call
and send by email.

Catherine.Clark@enron.com on 09/28/2000 02:41:37 PM

To:   Jonathan.McKay@enron.com, John.Griffith@enron.com,
TIM.HIRASAWA@RBCDS.COM,
      blair.fleming@royalbank.com, hulla@tdsecurities.com, Jeffrey W.
      Dellapina/CHASE@CHASE
cc:   Soma.Ghosh@enron.com, Brian.Kerrigan@enron.com
Subject:  swap details on Alberta prepay

There seems to be some confusion surrounding the details of the various
swaps.  Please bring any outstanding issues to the following conference
call at 2:30 pm Houston time.  Call in numbers:
1-805-240-9483 in Canada
access code in Canada 139196

1-888-232-0370 in the US
access code in the US 135737

Please call Megan Angelos at (713) 853-0420 if you have any trouble
accessing the call.  Thanks,
-Catherine
(713) 853-9943


Sara,

    Attached is the amended agreement.  Please call me with any
questions.

Regards,
Andrew Schwed

 - Enron Assignment.doc


Actually me and my husband were going to go there until of course we learned how much the ticket was. We are going to Janet's concert here in town though.

 -----Original Message-----
From: 	Juvane, Danilo
Sent:	Tuesday, August 28, 2001 4:47 PM
To:	Causholli, Monika
Subject:	RE:

Anytime.  I considered Mjs concert until I heard that tickets were going for $2500/head...the only problem is that my Swiss bank account, in  billions of US$ of course, has been frozen temporarily.  Apparently the bank cannot handle the excess amounts of  money that are dumped into my account bi-weekly by Enron's direct deposit transfers :).  Why must I suffer :)

 -----Original Message-----
From: 	Causholli, Monika
Sent:	Tuesday, August 28, 2001 3:40 PM
To:	Juvane, Danilo
Subject:	RE:

thanks D. I appreciate it
Did you consider going to M. Jackson's concert in NY?
Monika

 -----Original Message-----
From: 	Juvane, Danilo
Sent:	Tuesday, August 28, 2001 3:30 PM
To:	Causholli, Monika
Subject:

Monika,
The edited the following tabs : market pulp, inventory by grade, shipment by grade and production by grade.  I hope this helps.
Thanks,

Danilo

 << File: Raw DATA-edit.xls >>


Go in and view the open positions.  We will discuss getting quotes in a few minutes.  Steve South will be coordinating our efforts to screen print ICE every 10 minutes.

Grigsby
-----Original Message-----
From: O'Rourke, Ryan
Sent: Tuesday, November 27, 2001 5:37 PM
To: Grigsby, Mike; Keiser, Kam; O'Rourke, Ryan
Subject: TRV Notification: (West NG Basis Positions - 11/27/2001)

The report named: West NG Basis Positions <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=42&report_name=West+NG+Basis+Positions&category_cd=2&category_name=WEST&toc_hide=1&sTV1=2&TV1Exp=Y&current_efct_date=11/27/2001>, published as of 11/27/2001 is now available for viewing on the website.


Attention IT and Scheduling Personnel
Your participation is requested in the  Inter-SC Trade Adjustment Bid Market
Simulation.

As previously announced, the ISO has scheduled for the first week of October
1, 2000 the implementation of Inter-SC Trade Adjustment Bids.  Prior to this
implementation, a Market Simulation is being scheduled for all Market
Participants in order to provide for simulation on the use of this new
functionality.

Inter- SC Trade Adjustment Bid Market Simulation is scheduled to begin on
Tuesday, September 4, 2000.

The ISO will hold a kickoff meeting conference call on Thursday, August 31
from 2:00 - 3:00 p.m., to elicit participation and review the scope of this
Market Simulation.  During this conference call, we will also request
participants help in finalizing details of the Market Simulation Plan which
will be distributed to Market Simulation Participants by Friday.

All Market Participants are strongly urged to participate in this
simulation.

Please respond to Jill Powers at jpowers@caiso.com by 3:00 p.m. on Friday if
you intend to participate.  Please provide the name, phone number, and
e-mail address of your contact personnel.  It is suggested that this include
personnel that would be responsible for IT and Scheduling.

The attached document provides an agenda for Thursday Conference call and a
Proposed Market Simulation Schedule Summary.

 <<Inter SC Trades Adj Bid Market Sim.doc>>

INTER- SC TRADE ADJUSTMENT BID MARKET SIMULATION
KICKOFF CONFERENCE CALL
THURSDAY  August 31, 2:00- 3:00 p.m.
Conference Number 1-888-837-2407
Passcode 722248

CRCommunications
Client Relations Communications

 - Inter SC Trades Adj Bid Market Sim.doc


Shirley

yes.

Vince

Shirley Crenshaw
03/05/2001 02:25 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Institute of International Finance - Annual Subscription

Vince:

Is this ok to pay?

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 03/05/2001
02:19 PM ---------------------------
From: Sharon Purswell/ENRON@enronXgate on 03/05/2001 12:53 PM
To: Shirley Crenshaw/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Institute of International Finance - Annual Subscription

Robert Johnston has asked me to charge Vince's department for 1/3 of the cost
of the annual subscription to IIF.  The annual cost is $47K.  Therefore the
cost for 1/3 is $15,666.67.  This information is for Maureen Raymond's use.

I will be happy to process the invoice for payment but in order for me to do
so, I will need the proper coding for Vince's department.

Please let me know if you are agreeable to this.  If you have questions, you
may wish to contact Robert Johnston directly at 3-9934.

Thanks,
Sharon
5-7212


Hello Vince,

My name is Bernard Murphy - I received your e-mail address from Les Clewlow,
who was my PhD supervisor at the Financia Options Research Centre at Warwick
Business School.  I've just finished my PhD on Electricity Price Jump
Diffusions :  A Theoretical and Empirical Study in Incomplete Markets -
hence my interest in electricity price modelling and derivative pricing.  I
was looking to get hold of a copy of your 1997 paper, which has recently
come to my attention :

"The Challenge of Pricing & Risk-Managing Electricity Derivatives", The US
POwer Market, Risk Publications, pp. 149-171.

and Les suggested that I contact you directly (Les is travelling at present
and doesn't have an electronic copy available) to request an e-copy.

Incidentally, I am Lecturer in Finance / Financial Mathematics at University
of Limerick (Ireland) and have taken a year out to work for Caminus UK,
where I am working on introducing and developing a markets-based approach
(spark-spread) to real asset valuations in the UK power industry.

Thanks in advancve

Bernard Murphy


Good Morning,

I am preparing a presentation that includes information about our Board.  Please send me length of time you have served on the board by the end of day tomorrow.  Let me know if you have any questions.

Thanks,
Stephanie

Stephanie Olszewski
VP Marketing
Enron FCU
P: 713.853.1542
F: 713.646.8091
stephanie.olszewski@enron.com


Chris,
per our conversation this morning, I am enclosing the sales and purchase for
Jan-March.  If you need any more information, please let me know.
thanks for your help.
isabel


Stephanie:  scott never called back yesterday, after repeated calls.  I called him a few minutes ago, and he wanted his lawyers to talk to Gerald, before they make a deal.  So at least the ball is starting to roll.  Will let you know what happens.  Thanks

Randy

-----Original Message-----
From: Miller, Stephanie
Sent: Thursday, December 20, 2001 7:56 AM
To: Gay, Randall L.
Cc: Nemec, Gerald
Subject: ECS Sale

Greetings Randy:

Did you ever make the sale to Scott at Sid Richardson? (or anyone else for that matter)  If so, please get the information to Gerald Nemec.

Thanks.

STephanie


what is the current head count on this trip?


We have a 7:30 shotgun start tomorrow morning.  We will have to pay and get
out to our hole, so give yourself some time if you want to hit a few before
we tee off.  We still need one more person.  Everyone else already had
plans.  If you know of anyone who would like to play, invite them and let me
know his name.  Unfortunaltey Jeff, you are the only guy who is any good.

West on Hwy 290
Pass the Beltway - Remember I said it's BFE
Exit Spring Cypress/Cypress Rosehill (About 12 miles past the Beltway)
Go thru 2 stop signs (First one is Spring Cypress-Second one is Cypress
Rosehill)
After 2nd stop sign, make first right (there is not a stop sign at the
intersection) - I believe the street is Cypress Chase
The road will dead end into a T
Make a left and the course is on the right - You can't miss it

I'll have my cell phone on if you get lost - 832-563-6328.  Call me if you
have any questions.  Thanks.

DG    3-9573


BIKE TO WORK MONTH STARTS TUESDAY!

ALL WHO ARE PARTICIPATING
JOIN US FOR THE KICK - OFF LUNCH
TUESDAY SEPT 4TH IN MT HOOD  11:30 - 12:30


Greetings:
I'm the only one who hasn't left yet for the dome.  If it's OK with you, I'd like to come by and pick up Annie.  Likely get there around 7:30.  That work for you?


Susan:  would you please contact this party to see if they have comments?
Jennifer says they are ready to sign.  We are having a guaranty problem and
that's why this party has come up.  Please let Souad know what the response
is.  Thanks.  Sara


CUSTOMER SERVICE:
For any delivery problems, or changes in address,
simply e-mail CustomerService@energyintel.com
Please be sure to include full subscriber/company name and
address in your e-mail.

For more information on EIG, visit www.energyintel.com

VIEWING .PDF DOCUMENTS:
Use the Adobe Acrobat Reader to view an attached
.PDF document in its full graphic format, that
is, exactly as it is printed. If you don''t have
Adobe Acrobat Reader installed, you can download
it from the internet: http://www.adobe.com
Follow the links at Adobe''s web site to Acrobat Reader.
Once Acrobat Reader is installed, save the .PDF
document to your disk, open Adobe Acrobat Reader
and then open the .PDF document.
*******************************
Copyright (c) 2000 EIG, Inc.
Reproduction in any form (photostatically, electronically,
or via facsimile), including via local- and wide-area
networks, is strictly forbidden without direct
licensed permission from EIG -- contact
Sales@energyintel.com.
Indirect authorization to photocopy individual
articles or other items for internal and personal
use is granted by EIG provided that the
appropriate fee is paid directly to Copyright
Clearance Center, 222 Rosewood Drive, Danvers,
MA 01923.  Tel: 1-978-750-8400.

 - ng010604.pdf


George,

 Below is a list of questions that Keith and I had regarding the Westgate
project:

 Ownership Structure

 What will be the ownership structure? Limited partnership? General partner?

 What are all the legal entities that will be involved and in what
capacity(regarding ownership and
 liabilities)?

 Who owns the land? improvements?

 Who holds the various loans?

 Is the land collateral?

 Investment

 What happens to initial investment?

 Is it used to purchase land for cash?Secure future loans?

 Why is the land cost spread out on the cash flow statement?

 When is the 700,000 actually needed? Now or for the land closing? Investment
schedule?

 Investment Return

 Is Equity Repayment the return of the original investment?

 Is the plan to wait until the last unit is sold and closed before profits
are distributed?

 Debt

 Which entity is the borrower for each loan and what recourse or collateral
is associated with each
 loan?

 Improvement

 Construction

 Are these the only two loans?  Looks like it from the cash flow statement.

 Terms of each loan?

 Uses of Funds

 How will disbursements be made?  By whom?

 What type of bank account?  Controls on max disbursement? Internet viewing
for investors?

 Reports to track expenses vs plan?

 Bookkeeping procedures to record actual expenses?

 What is the relationship of Creekside Builders to the project?  Do you get
paid a markup on subcontractors as a
 general contractor and paid gain out of profits?

 Do you or Larry receive any money in the form of salary or personal expenses
before the ultimate payout of profits?

 Design and Construction

 When will design be complete?

 What input will investors have in selecting design and materials for units?

 What level of investor involvement will be possible during construction
planning and permitting?

 Does Creekside have specific procedures for dealing with subcontractors,
vendors, and other professionals?
 Such as always getting 3 bids, payment schedules, or reference checking?

 Are there any specific companies or individuals that you already plan to
use? Names?

These questions are probably very basic to you, but as a first time investor
in a project like this it is new to me.  Also, I want to learn as
much as possible from the process.

Phillip


I agree with MKM--I think we either said or at least implied in the options
conf. and filings that ROFR cap. isn't posted as available until the ROFR is
waived.  I think that approach is the logical way to handle postings and that
we are pretty much locked into that approach.  On the commercial issue Rita
mentions below, it seems to me that Elizabeth Brown has the commercial
impacts backwards--the marketers have always told us they are able to
negotiate higher rates if LESS CAPACITY is posted as available because of the
appearance of scarcity.  On that logic, we should want to keep ROFR capacity
off the EBB until the right is waived.  DF

	From:  Mary Kay Miller                           01/26/2001 07:33 AM

To: Glen Hass/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON
cc: Rita Bianchi/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON

Subject: Re: TW Unsubscribed capacity & ROFR

My thoughts on that we just filed to state that ROFR capacity isn't posted as
available.  Yet, this , as I understand it leads the market to think it is,
and then when a market requests the service, we'll tell them it isn't
available.  Seems to head us to bad customer relations and false impression
on capacity available.  If its under contract, we shouldn't falsely advertise
it as available in my opinion.   What are others thoughts?  MK

	From:  Glen Hass                           01/25/2001 06:36 PM

To: Mary Kay Miller/ET&S/Enron@ENRON, Rita Bianchi/ET&S/Enron@ENRON
cc: Mary Darveaux/ET&S/Enron@ENRON

Subject: Re: TW Unsubscribed capacity & ROFR

Mary Kay,

Are up OK with this footnote idea instead of changing the capacity posting to
reflect ROFR rights?

	Rita Bianchi
	01/22/2001 08:17 AM

To: Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON
cc:

Subject: TW Unsubscribed capacity & ROFR

According to Elizabeth Brown, TW Marketing does NOT want to change their
Unsubscribed/General capacity posting to exclude ROFR.  They would prefer a
footnote that capacity may be subject to ROFR.  As I understand it, TW
Marketers feel that they  can negotiate better prices for capacity if it
isn't widely known that the capacity is under ROFR.  Elizabeth suggested that
they talk to Susan Scott.

I confirmed with Bob Johnson & Doug Aschwege that NNG's posting excludes
capacity that is subject to ROFR.


BUSINESS HIGHLIGHTS

TRANSACTION DEVELOPMENT
Transaction Development, headed by Rodney Malcolm, works with Pulp & Paper,
Lumber and Steel to structure and execute some of the more complex deals.
Members of the Transaction Development team have a strong track record of
closing structured transactions involving both capital and commodity risks.
Sample deals would include working on the acquisition of Garden State Paper
earlier this year, and structuring and pitching the first all requirements,
index based, physical steel supply contract to one of the largest players in
the steel servicing segment of the steel industry.

The ability to buy and sell physical product will be critical to creating a
commodity product in these businesses.  Getting access to the physical
product will require creating compelling financing structures, as well as
potentially buying assets to get control of their production capability.  In
all these situations, the Transaction Development team will be a key player
in driving these opportunities to closure.

PEP - REVIEWER FEEDBACK DEADLINE
The Year End 2000 Performance Review Process closes November 17. To access
PEP, go to http://pep.corp.enron.com.  To avoid system delays, please log-on
before the deadline.

If you have any problems accessing the system or have any questions regarding
the Performance Management Process, please call the HR Helpdesk at x3.4040
option 4 or email pep.enquiries@enron.com.

OPEN ENROLLMENT 2001
The final date for making your 2001 benefit elections or changes is November
15, 8:00 am CST to 5:00 pm CST.  Remember, that your current 2000 health
benefit elections will rollover for 2001 if you do not make any changes.

Log-on to www.enron.benefitsnow.com or call 1-800-425-5864.

WELCOME

New Hires ENA/EIM/EGM
ENA ) Tamara Carter/Gas Logistics, Albert Escamilla/Global Counterparty,
Michael Girraratano/Gas Assets Operations, Cassandra Mayeux/Reporting,
Planning Accounting, Christina Perez/Power Plant Acct., Eve Puckett/Info &
Records Management, Tracey Wood/Gas Logistics

EGM ) David Hoog/GRM Risk Products, Judy/Currency Trading

SAVE THE DATE

ENA/EIM/EGM-HOLIDAY PARTY
Enron Field
Saturday, December 9
7:00 pm - Midnight

NUGGETS & NOTES

"Bigger, faster" - Dave Delainey/CEO-ENA

"Four bid at five. What do you want to do?" John Arnold, Vice
President-Financial/Nymex Trading

"We trade weather."  Gary Taylor, Manager - Weather Risk Management Group
"You trade WHAT?!" anyone Gary speaks with.

LEGAL STUFF

The information contained in this newsletter is confidential and proprietary
to Enron Corp. and its subsidiaries.  It is intended for internal use only
and should not be disclosed outside of Enron.


Mr. Lay and Mr. Skilling:

I just wanted to thank you and express my appreciation for the $1000 given to flood victims of Tropical Storm Allison.  It is unsolicited actions such as this that set Enron apart and make it the leading company in the Houston community.  Thanks again.

Sincerely,
Michael Flanigan


On my  desk is a new GISB for

TEXEX  ENERGY PARTNERS, LTD.

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


Attached is a newly revised Credit Watch listing.  If there are any
personnel in your group that were not included in this distribution, please
insure that they receive a copy of this report.

To add additional people to this distribution, or if this report has been
sent to you in error, please contact Veronica Espinoza at x6-6002.

For other questions, please contact Bill Bradford at x3-3831, Russell Diamond
at 5-7095, Brant Reves at x3-9897, Veronica Espinoza at x6-6002 or the Global
Credit Hotline at x3-1803.


<<6-6 Letter to Judge Whaley.pdf>>

**************

CONFIDENTIAL

Luce, Forward, Hamilton & Scripps LLP
600 West Broadway
Suite 2600
San Diego, CA 92101-3391
(619) 236-1414

The information contained in this electronic mail transmission is
confidential and intended to be sent only to the stated recipient of the
transmission.  It may therefore be protected from unauthorized use or
dissemination by the attorney-client and/or attorney work-product
privileges.  If you are not the intended recipient or the intended
recipient's agent, you are hereby notified that any review, use,
dissemination, distribution or copying of this communication is strictly
prohibited.  You are also asked to notify us immediately by telephone and to
delete this transmission with any attachments and destroy all copies in any
form.  Thank you in advance for your cooperation.

 - 6-6 Letter to Judge Whaley.pdf


-----Original Message-----
From: 	Kitchen, Louise
Sent:	Monday, October 29, 2001 5:48 PM
To:	Taylor, Mark E (Legal)
Subject:	FW: Last Year trades - Top 50 counterparties - US/Canadian Gas/Power

 -----Original Message-----
From: 	Webb, Jay
Sent:	Monday, October 29, 2001 2:31 PM
To:	Kitchen, Louise; Taylor, Mark E (Legal)
Subject:	Last Year trades - Top 50 counterparties - US/Canadian Gas/Power


Kristen,

How often do you check your cell phone and email for messages?

Mat


The Telephony Team performed maintenance over the weekend which impacted the user voicemail that moved from 3AC.  Although the Telephony Group is working on restoring the voicemail the problem may not be resolved before Friday.

ETS Solution Center - Houston, at 713-345-4745
ETS Solution Center - Omaha, at 402-398-7454


---------------------- Forwarded by Tori Kuykendall/HOU/ECT on 11/08/2000
10:10 AM ---------------------------

"Renata B. Sandweg" <rbsandweg@urjet.net> on 11/08/2000 10:01:36 AM
To: abs182@psu.edu, NHobsons@aol.com, cbarroso@arches.uga.edu,
barroso@pa.dec.com, H Egnatuk <hegnatuk@hotmail.com>, hm4183@sbc.com,
jnjtrout94@aol.com, kconat@chmc.org, kblasing@flash.net,
krobbins@houston.org, lburns@hotmail.com, lisabrown@andrews-kurth.com,
breytspraak@yahoo.com, lbarroso@civilmail.tamu.edu, nmclemor@houstonisd.org,
Rhaygood@darbylaw.com, sandweg_steve@emc.com, tina.barroso@ibm.net,
tina.barroso@wdr.com, tkuyken@ect.enron.com, lzapalacpr@aol.com
cc:
Subject: Fwd: Fw: Political Analysis

From: No1fuzz@aol.com
Date: Tue, 7 Nov 2000 18:03:58 EST
Subject: Fwd: Fw: Political Analysis

> The two major party presidential candidates today agreed that
> Americans are seeing too much inapproriate material in
> popular entertainment.
>
> However, they disagreed on the details.
>
> The Republican candidate, George W. Bush, stated that there is too
> much bloody violence in the movies and on television.
>
> Vice President Al Gore, his Democratic opponent, stated that the media
> presents Americans with too much sex and frontal nudity.
>
> In other words...
>???? Bush says there is too much gore
> and
>???? Gore says there is too much bush.


fyi- buddy
---------------------- Forwarded by Victor Lamadrid/HOU/ECT on 01/10/2000
03:04 PM ---------------------------

	From:  Joann Collins @ ENRON                           01/10/2000 02:36 PM

To: Joan Veselack/Corp/Enron@ENRON
cc: Robert Allwein/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT
Subject: CGV and CPA

joni, due to the fact that heidi in herndon had the Union Camp volumes on the
CES spreadsheet i will have to take the broadrun gas to the pool effective
1/11-31.  i will also have to do a retro for 1/5-10.

---------------------- Forwarded by Joann Collins/Corp/Enron on 01/10/2000
02:31 PM ---------------------------

hboyd@columbiaenergygroup.com on 01/10/2000 02:15:16 PM
To: Joann Collins/Corp/Enron@ENRON
cc:

Subject: CGV and CPA

BOTH ARE INTRADAYS - beginning 1/10

Hey Joann

CGV  Op 1 30CS-34    179/day   1/1 - 1/31

CPA Choice/Residential/Commercial Originally this volume came on 65042
if you can, please bring it back up on

K# 65042  CPA 4-25   4332/day  1/1 - 1/31

Please let me know as soon as you do about the contract for CPA 4-25.

Omigosh!!    THANK YOU Joann!


PG&E asked the FERC to establish cost-based pricing for all sales into
California, and until the FERC makes a final determination on whether rates
are just and reasonable, to subject all sales to a cost-based refund
condition.

From: James D Steffes@ENRON on 03/12/2001 03:29 PM CST
To: Mary Hain/HOU/ECT@ECT
cc:
Subject: Re: FERC Order and DWR

Mary --

Did anyone file for rehearing to "include" LT contracts into the review
process?

Jim

	Mary Hain@ECT
	03/12/2001 01:31 PM

		 To: Jeff Dasovich/Na/Enron@ENRON
		 cc: Joe Hartsoe/Corp/Enron@ENRON, jklauber@llgm.com@ENRON, Susan J
Mara/NA/Enron@ENRON, James D Steffes/NA/Enron@Enron, Christian
Yoder/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT, Tracy Ngo/PDX/ECT@ECT
		 Subject: Re: FERC Order and DWR

In the Staff Recommendation on Prospective Market Monitoring and Mitigation,
March 2001, the FERC Staff stated that its proposed mitigation proposal is
designed to apply only to approximately 5% of the market that remains in
real-time and not to the bilateral and forward markets.  In addition, the
December 15 order only established a reporting requirement for sales into the
ISO and PX spot markets exceeding $150/MWh.  Under the order, the refund
potential closes after 60 days of a utility filing its cost justification
unless the FERC issues written notification to the seller that its
transaction is still under review.  Note well that this does not entirely
insulate EPMI concerning long term deals because the FERC's December 15 order
is still pending rehearing and parties can appeal that order once the
Commission rules.

From: Jeff Dasovich@ENRON on 03/12/2001 12:00 PM CST
Sent by: Jeff Dasovich@ENRON
To: Joe Hartsoe/Corp/Enron@ENRON, jklauber@llgm.com, Susan J
Mara/NA/Enron@ENRON, James D Steffes/NA/Enron@Enron, Christian
Yoder/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT
cc:
Subject: FERC Order and DWR

Quick question to Joe and/or Christian, John and Mary:

I'm assuming that any deal we sign with DWR that falls below the $150/MWH
soft cap is free and clear of the order FERC issued on Friday as well as any
other refund risk associated with FERC's December order.  Is that correct?
Thanks.

Best,
Jeff


Jana,

Gas is Jeff Shankman and Kevin Presto is Power.  Get it contact with Jeff or
Kevin to find out their information.

Call me or Ted Bland if you have any questions.

k

	Enron North America Corp.

	From:  Jana Giovannini @ ECT                           07/13/2000 11:10 AM

To: John J Lavorato/Corp/Enron@Enron
cc: Elizabeth Boudreaux/HOU/ECT@ECT

Subject: Chart of Lavorato Analysts

John,
I am the ENA Staffing Coordinator for the Associate and Analyst Program.
Attached is a list of incoming Analyst that will begin next Monday and are
scheduled to go into the Trading organization per a resume review you had
done .  We are trying to identify exactly who these people will need to
report too in order to communicate to the Analyst and to also update our
database with correct rotation information.  We would like to tell the
Analyst exactly where they would go by Monday 17th.  Can you please advise me
on who I need to contact in the Trading orgainzation in order to get these
final placements made?

Thank you,
Jana
---------------------- Forwarded by Jana Giovannini/HOU/ECT on 07/13/2000
09:59 AM ---------------------------

	Angela Matheson @ ENRON
	07/13/2000 09:52 AM

To: Jana Giovannini/HOU/ECT@ECT
cc:
Subject: Chart of Lavorato Analysts

Here is a chart of the "Per John Lavorato" people.


I spoke with Steve Stonestreet at Columbia Gas.  He will do a conference call with us tomorrow.  I told him it would probably be around our lunch time.  He said that is fine.  I can set up a time tomorrow.  His boss, Jeanne Adkins, told him she doesn't need to be there if we are just talking about the mechanics of how the producer gas flows.


Enron is in the process of re-negotiating our contract with Dow Jones
Interactive and we need to know if you are currently
accessing this data.  In the near future there will be a cost associated with
this information and you are currently listed as
having a license.

Please click on the below link and let us know if you need continued access
to this service.

http://nahou-webcl1.corp.enron.com/inquisite/DJI/DJI.html

Thank You,
Market Data


FYI.  Please coordinate going forward with EPSA.

Jim
 -----Original Message-----
From: 	"Samantha Slater" <SSLATER@epsa.org>@ENRON [mailto:IMCEANOTES-+22Samantha+20Slater+22+20+3CSSLATER+40epsa+2Eorg+3E+40ENRON@ENRON.com]
Sent:	Tuesday, August 28, 2001 10:03 AM
To:	jconnelly@calpine.com; breilley@coral-energy.com; lebarrett@duke-energy.com; john.j.stauffacher@dynegy.com; steve.dalhoff@dynegy.com; Jenni.Barr@ElPaso.com; jsteffe@enron.com; pschaub@entergy.com; jtsheehan@mediaone.net; susann.felton@mirant.com; CParnell@MWGen.com; don.beckham@neg.pge.com; melissa.lavinson@neg.pge.com; joe.isabella@nrgenergy.com; greg.towstego@opg.com; Kristen.Ludecke@pseg.com; lvollmer@pwrteam.com; chajovsky@reliant.com; dacrabtree@tecoenergy.com; jlsena@tecoenergy.com; gkunkel@TENASKA.com; jmartin@TENASKA.com
Cc:	Jackie Gallagher
Subject:	REVISED EIA Alternate Electric Power Data Confidentiality	Policy

Last week, EPSA met with EIA to discuss a revised Alternate Electric Power Data Confidentiality Policy proposal.  The following are EIA's changes to the original Alternate Policy proposal circulated by EPSA on August 2.

The following items would be held confidential:

EIA - 423: cost of fuels (not previously collected by EIA)
Purchase price would also still be held confidential, as noted on the original Alternate Policy.  EIA-423 basically duplicates FERC Form 423.

EIA-906: fuel stocks (currently held confidential)
Stocks was originally "crossed out" on the Alternate Policy, but it is now back on the list of data items to be held confidential.

EIA-826: energy service provider data on sales, revenues and number of customers
Under the original Alternate Policy, regulated utilities and wires companies would have also been able to keep this same information confidential.  Now it will only be data submitted by ESPs that will be held confidential.  However, please note that EIA-861 collects this same data from ESPs and that data will be released on an annual basis.

EIA-767: Under the revised Alternate Policy, no data submitted on the 767 will be held confidential
This is a change from the original Alternate Policy.  The original Alternate Policy includes estimated useful thermal output, plant financial information, cooling system costs, etc. as data to be held confidential.  The data will now be released 12 months after year-end.

EIA-860: Maximum tested heat rate (currently confidential)
No change from original Alternate Policy.

EIA-861: No data submitted on the 861 will be held confidential
No change from original Alternate Policy.

EIA-411: No data submitted on the 411 will be held confidential.
No change from original Alternate Policy.

EIA-412: Generator plant costs and expense data only for unregulated plants (not previously collected by EIA)
No change from original Alternate Policy.

I've attached a copy of the original Alternate Policy in case you need it.

Please forward any comments on these changes to me no later than noon Eastern Time on Friday, August 31.

EIA anticipates a Federal Register Notice on or around September 7.  There will then be a 30-day comment period on the proposal submitted by EIA to OMB.  We will notify you when the Federal Register Notice is issued.

Mary Hutzler, Acting Administrator at EIA, has expressed an interest in meeting with EPSA and its members to further discuss these issues.  If there is an interest in EPSA arranging a meeting for members in Washington, D.C. during the next few weeks, please let me know as soon as possible.

If you have any questions, please let me know.

Thanks again for all of your help!

Samantha

Samantha M. Slater
Manager of State & Regional Affairs
Electric Power Supply Association
1401 New York Avenue, N.W.
11th Floor
Washington, D.C.  20005
Phone: 202-628-8200
Fax: 202-628-8260
E-mail: sslater@epsa.org

 - Confidentiality.doc


Jeff Skilling and Mr. Lay are not going, so company plane is not reserved.

Bill Butler is going, will stay at the Willard


I am out of the office.  I will be periodically checking e-mail.  For urgent matters, you may reach me by cell phone at 713.398.5963.


Start Date: 4/10/01; HourAhead hour: 2;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041002.txt


we can hold off on seeing the w alabama house.  just let me know about the
time for tomorrow

e

"K. Bass" <daphneco64@bigplanet.com> on 02/09/2001 08:34:43 AM
Please respond to "K. Bass" <daphneco64@bigplanet.com>
To: Eric.Bass@enron.com
cc:
Subject: Re: Re:Mandell

Good deal.  I think you'll like Bob but, like Dad said, don't feel
obligated.  Don't forget to put the contracts in a folder/envelope and bring
them along.  How many copies did you make?  I'll call the realtors and see
about tomorrow.  Did you want to see 400 W. Alabama again?  It's usually
open on Sunday. LU-M
----- Original Message -----
From: <Eric.Bass@enron.com>
To: "K. Bass" <daphneco64@bigplanet.com>
Sent: Friday, February 09, 2001 7:19 AM
Subject: Re: Re:Mandell

>
> Hey Mom,
> I would like to see the Mandell and the Huldy - preferably tomorrow before
> 4ish.  Let me know if that works for you.  Dad is welcome to see whichever
> houses he would like.
>
> FYI, I am meeting with Bob Dunn today after work, and I made copies of the
> contracts.
>
> L,
> E
>
>
>
>
> "K. Bass" <daphneco64@bigplanet.com> on 02/09/2001 06:43:42 AM
>
> Please respond to "K. Bass" <daphneco64@bigplanet.com>
>
> To:   Eric.Bass@enron.com
> cc:
> Subject:  Re: Re:Mandell
>
>
> Hi Eric,
>
> Do you want me to check with the realtors to see if those houses are open
> this weekend and, if not, do you want me to make appts.?  Let me know.
> I'll
> do that today.  I would like Dad to see Mandell but that's up to you.  He
> can't do it today, I don't think.  But, if you would like to see something
> today, I'll try to arrange it.  I would prefer to see all of them the same
> day but I will leave the up to you.  I didn't want you to think that I
have
> forgotten about you.  Did you download the contract and make copies?  LU-M
> ----- Original Message -----
> From: <Eric.Bass@enron.com>
> To: "K. Bass" <daphneco64@bigplanet.com>
> Sent: Wednesday, February 07, 2001 2:45 PM
> Subject: Re: Re:Mandell
>
>
> >
> > no i haven't driven by yet.  i would like to see the mandell house again
> > before putting a contract in on it.
> >
> > -e
> >
> >
> >
> >
> > "K. Bass" <daphneco64@bigplanet.com> on 02/07/2001 02:45:35 PM
> >
> > Please respond to "K. Bass" <daphneco64@bigplanet.com>
> >
> > To:   Eric.Bass@enron.com
> > cc:
> > Subject:  Re: Re:Mandell
> >
> >
> > Did you drive by Huldy?  If so, what did you think?
> >
> > We can do a contract whenever you want.  Did you call B. Dunn?
> >
> > Talk to you later.  Love, Mom
> > ----- Original Message -----
> > From: <Eric.Bass@enron.com>
> > To: "K. Bass" <daphneco64@bigplanet.com>
> > Sent: Wednesday, February 07, 2001 11:11 AM
> > Subject: Re: Re:Mandell
> >
> >
> > >
> > > I am fine with seeing more houses before buying but was thinking that
> it
> > > might be a good idea to get the ball rolling on the Mandell house
(i.e.
> > low
> > > ball contract). This does not mean that I am wanting to buy right
away,
> > but
> > > more of testing the market and resolve of sellers.  Let me know when
> you
> > > are available to see more houses.  I am free whenever, except for
> > Saturday
> > > after around 4 pm.
> > >
> > > L,
> > > E
> > >
> > >
> > >
> > >
> > >
> > > "K. Bass" <daphneco64@bigplanet.com> on 02/07/2001 10:19:51 AM
> > >
> > > Please respond to "K. Bass" <daphneco64@bigplanet.com>
> > >
> > > To:   Eric.Bass@enron.com
> > > cc:   "Larry W. Bass" <lwbthemarine@bigplanet.com>
> > > Subject:  Re: Re:Mandell
> > >
> > >
> > > It's been so long since we talked, I don't know what I'm supposed to
be
> > > doing.
> > >
> > > Just finished real estate school and learned a few things - well, my
> > memory
> > > was refreshed.  Re: precertification for a loan.  A non-committal
> > response
> > > from an online source does not mean that you are precertified.  And,
> you
> > > must be real careful about all conditions relating to said loan.  Dad
> > > thinks
> > > you should call Bob Dunn (call Dad for number.).  Bob is in the
> mortgage
> > > business and is a good guy to have on your side.  His office is near
> San
> > > Felipe and Voss.  You should probably get this ball rolling so you are
> > > ready, don't you think?
> > >
> > > I am busy today but let me know if you want to see anything Friday.
We
> > > could wait until the weekend to see what's open and make appts. for
> > > whatever
> > > else you want to see.  I recommend that you see a few more before
> making
> > an
> > > offer but that is up to you.
> > >
> > > Let me know what I can do.  LU-M
> > > ----- Original Message -----
> > > From: <Eric.Bass@enron.com>
> > > To: <daphneco64@bigplanet.com>
> > > Sent: Wednesday, February 07, 2001 9:11 AM
> > > Subject: Re:Mandell
> > >
> > >
> > > > Any news?
> > > >
> > > > -e
> > > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> >
> >
> >
> >
> >
> >
> >
>
>
>
>
>
>
>


Ted Weber
222 Main St 160
Annapolis, MD 21401
genkigai@mindspring.com

To Mr. Ken Lay,

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

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

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

Sincerely,

Ted Weber


Notice # 01-186
June 1, 2001

TO:
All NYMEX Division and COMEX Division Clearing Members

FROM:
Neal L. Wolkoff, Executive Vice President

RE:
Implementation of Amendments on Use of Letters of Credit, Certain Securities
and Deliverable Warehouse Receipts as Margin  for NYMEX and COMEX Transactions

DATE:
June 1, 2001
===========================================================

1. Implementation of Rule Amendments. As previously announced in Notice to
Members #01-147 (May 4, 2001), this Notice is to remind NYMEX and COMEX
Clearing Members of rule amendments that become effective today, June 1,
2001, that expand the types of non-cash assets that customers may deposit
with their Clearing Members for margin purposes.

2. Exchange Form for Pass-Through Letters of Credit. Clearing Members are
further advised that a form has been prepared by the Exchange that will serve
as the authorized  uniform form for irrevocable letters of credit for use on
a pass-through basis at the Exchange.  This form may be obtained from the
Exchange,s Clearing Department.

3. Exchange Form for Pass-Through Letters of Credit: Specification of Joint
Beneficiary. The Pass-Through Letter of Credit differs from the Standard
Letter of Credit in that the Pass-Through Letter of Credit provides for Joint
Beneficiaries.  In this regard, a Pass-Through Letter of Credit to be used as
margin on the NYMEX Division should specify NYMEX as one of the Joint
Beneficiaries.  By comparison, a Pass-Through Letter of Credit to be used as
margin on the COMEX Division should specify the COMEX Clearing Association as
one of the Joint Beneficiaries.

4. Restriction on Issuers of Letters of Credit. Please note that, under
applicable NYMEX and COMEX rules, a Clearing Member that is a bank subsidiary
or is an affiliate of a bank may not deposit with the applicable Clearing
House a letter of credit issued or confirmed by such bank, bank parent or
affiliate bank.

As to the actual rule amendments, which are attached below, these rule
changes permit the use of letters of credit, certain securities and
deliverable warehouse receipts by customers to meet their margin
requirements. The rule changes provide for consistent treatment in the use of
such assets for both NYMEX and COMEX Divisions.

Letters of Credit.  As a result of the rule changes, letters of credit (LCs)
now will be allowed for customer margin on both divisions.

Use of Letters of Credit on Pass-Through Basis.  In addition, the rule
changes allow letters of credit to be used on a "pass-through" basis on both
divisions.  In other words, Clearing Members on both divisions will be able
to pledge to the applicable clearinghouse certain LCs posted by customers. It
should be noted that while securities and deliverable warehouse receipts, as
detailed below, may be used by customers for margin purposes, such assets may
not be used on a pass-through basis by a Clearing Member to meet its margin
obligations with the clearinghouse.

Securities. Customers also will be able to deposit with their Clearing
Members certain types of securities as margin. The types of acceptable
securities are the kinds of securities that have been accepted for some time
on the COMEX Division.  Specifically, the rule changes will permit customers
to deposit the following types of securities as margin with Clearing Members
on either division:

securities listed for trading on the New York Stock Exchange, Inc. or the
American Stock Exchange, Inc., or which are traded in the over-the-counter
market approved for margin by the Board of Governors of the Federal Reserve
Board except that such securities must be free from liens and encumbrances;
can represent no more than 5% of the issued and outstanding shares of any one
issuer; and will be valued for purposes of margin at 75% of their market
value.

Deliverable Warehouse Receipts. On both divisions, deliverable warehouse
receipts for any of the commodities traded on the Exchange will be accepted
as customer margin provided that such receipts will be valued as margin at no
more than 75% of the value of the commodity.

If you have any questions concerning this change, please contact Bernard
Purta, Senior Vice President, Regulatory Affairs and Operations, at (212)
299- 2380; Arthur McCoy, Vice President, Financial Surveillance Section,
NYMEX Compliance Department, at (212) 299-2928; or Charles Bebel, Vice
President, Clearing Department, at (212) 299-2130.

AMENDMENTS TO NYMEX RULE 4.01 ("CUSTOMER'S MARGINS"), NYMEX RULE 9.05
("MARGINS") AND TO COMEX CLEARING ASSOCIATION RULE 48 ("DEPOSIT OF SECURITIES
AND LETTERS OF CREDIT AS ORIGINAL MARGIN")

(Asterisks indicate additions; brackets indicate deletions.)

Rule 4.01. CUSTOMER'S MARGINS

(A) Initial margin at least equal to the level set for customers shall be
required of all customers. In no case shall a customer's initial margin be
less than a specified amount per contract, or a specified percentage of the
market value at which any commodity is bought or sold, such customer's margin
to be determined and announced by the Board of Directors or its designee.

 (B) Once the required initial margin has been deposited for each individual
transaction, such trade and such margin shall, for the purposes of this rule,
lose their individual identity and be commingled with all other trades and
margins in the same commodity for the same customer account.

 (C) When the margin (Net Liquidating Value plus Non-Cash Deposits) in a
customer's account declines below the maintenance margin requirement
applicable to the open positions carried in such account, the Member Firm
carrying said account is required to collect (call) from the customer such
funds, which when deposited, will restore it to the then prevailing initial
margin requirement.

 (D) A Member Firm shall not accept orders for new trades on behalf of an
undermargined customer account other than those which reduce its initial
margin requirement unless such Member Firm has been given assurances by said
customer that funds sufficient to restore the account to its then prevailing
initial margin requirement are forthcoming and will be received in a
reasonable amount of time not to exceed one business day for Floor Members
and three business days for all other customers.

(E)(1) A Member Firm may accept deposits from its customers in one or more of
the following forms as margin to cover open NYMEX Division positions:

 (a) United States Currency; or any currency freely convertible to United
States currency; provided that if foreign currency is deposited, its value
shall be calculated so that at the current rate of exchange the U.S. dollar
equivalent of the foreign currency satisfies the customer's margin obligation.

 (b) securities issued by the Department of the Treasury of the United States
maturing within ten (10) years of the date of the deposit and guaranteed as
to principal and interest by the United States Government. Such securities
shall be valued at ninety five percent (95%) of par value.

*(c) securities which are listed for trading on the New York Stock Exchange,
Inc. or the American Stock Exchange, Inc., or which are traded in the
over-the-counter market approved for margin by the Board of Governors of the
Federal Reserve Board provided that such securities; (i) are free from liens
and encumbrances; (ii) represent no more than 5% of the issued and
outstanding shares of any one issuer; and (iii) are valued at 75% of the
market value thereof;

(d) a letter of credit in favor of a clearing member carrying an account, or
in the case of any letter or credit to be used on a pass-through basis with
the Clearing House a letter of credit in favor of the Exchange.  All letters
of credit shall be issued in such form as may be prescribed by the Exchange
and by a depository which has been approved by the Exchange for issuance and
confirmation of letters of credit drawn in favor of the Clearing Members or
in favor of the Exchange, as applicable.

(e) deliverable warehouse receipts for commodities traded on the Exchange
provided that such receipts will be valued as margin at no more than 75% of
the value of the commodity.*

[(c)] *(f)* The net liquidating value in a customer's account over the
initial margin requirements for the positions carried for such account.

(2) A Member Firm may accept deposits from its customers in one or more of
the following forms as margin to cover open COMEX Division positions:

(a) United States currency, checks payable in United States currency, or
currency freely convertible to United States currency; provided that if
foreign currency is deposited, its value shall be calculated so that at the
current rate of exchange the U.S. dollar equivalent of the foreign currency
satisfies the customer's margin obligations;

(b) the net liquidating value in a customer's account over the initial margin
requirements for the positions carried for such account;

(c) securities issued or guaranteed by the United States, provided that such
securities shall be valued at the lower of the par or market value thereof;

(d) securities which are listed for trading on the New York Stock Exchange,
Inc. or the American Stock Exchange, Inc., or which are traded in the
over-the-counter market approved for margin by the Board of Governors of the
Federal Reserve Board provided that such securities; (i) are free from liens
and encumbrances; (ii) represent no more than 5% of the issued and
outstanding shares of any one issuer; and (iii) are valued at 75% of the
market value thereof;

(e) *deliverable* warehouse receipts *for commodities traded on the Exchange
provided that such receipts will be valued as margin at no more than 75% of
the value of the commodity*; [provided that such warehouse receipts shall be
valued in accordance with the following:

(i) if the warehouse receipt is for a deliverable grade of the commodity
underlying either the futures contract sold or the futures contract which is
the subject of the call options sold, not more than 90% of the value of the
commodity may be considered as margin; and;

(ii) if the warehouse receipt is for a deliverable grade of the futures
contract purchased or the put options sold, not more than 75% of the value of
the commodity may be considered as margin; and;

(iii) if the warehouse receipt is for either: (A) deliverable grade of a
commodity other than the commodity underlying the futures contract or option
to be margined; or (B) a form of silver or gold not deliverable under a
futures contract, then not more than 75% of the value of the warehouse
receipt may be considered as margin.]

(f) physical commodities (but not forward contracts therefor) if the carrying
member is in possession and control of negotiable documents covering such
commodities, provided, however, that the value of such commodities shall be
based upon the contract market price for the grade of such commodity or if
the commodity is not of a grade deliverable on a contract market, then at the
price for the grade of such commodity on the spot market;

(g) a letter of credit in favor of a clearing member carrying an account*, or
in the case of any letter or credit to be used on a pass-through basis with
the Clearing House a letter of credit in favor of the Exchange.  All letters
of credit shall be* issued in such form as may be prescribed by the Exchange
and by a depository which has been approved by the Exchange for issuance and
confirmation of letters of credit drawn in favor of the Clearing Members *or
in favor of the Exchange, as applicable.*

 (3) Calls issued by Member Firms for additional margin from customers may
only be met by: deposits conforming to the requirements of Rule 4.01(E)(1)
for open NYMEX Division positions, or conforming to the requirements of Rule
4.01(E)(2) for open COMEX Division positions, or, for open positions on
either division of the Exchange, favorable market movements which, when taken
into consideration and combined with any other monies available, enable the
customer's margin to equal or exceed the then prevailing initial margin
requirement.

 (F) Withdrawals of margin from a customer's account may only be permitted by
a Member Firm carrying such account if the remaining funds in such account
are equal to or in excess of the then prevailing initial margin required of
the applicable open positions at the time of said withdrawal request.

(G) The customer's response to a margin call issued by a Member Firm must be
timely and complete. A Member Firm may call, at any time, for margins above
and beyond the minimums required by the Exchange. A Member Firm may liquidate
any or all positions maintained by a customer for failure to meet a margin
call. The customer will be liable for any loss or deficiency resulting
therefrom.

 (H) The margin requirements established by the Board or its designee may
vary for different commodities and may be changed from time to time by the
Board or its designee, and in the discretion of the Board or its designee,
may be made applicable to all open trades as well as new trades.

 (I) Arbitrage

(1) For the purposes of Exchange margin requirements, an arbitrage position
is a purchase or sale of an Exchange futures contract in one delivery month
which futures contract is offset by a futures contract to sell or to purchase
a similar quantity of a related commodity in the same or different delivery
month which offsetting futures contract is executed on or subject to the
rules of a different exchange. In order to qualify as an arbitrage position,
each contract long and short must be carried by the same member firm for the
same account.

(2) The Board of Directors, by resolution, may identify those futures
contracts, that are executable on and/or subject to the rules of a different
exchange, which shall be deemed to qualify as part of an arbitrage position.

(3) The Board of Directors or its designee may set levels of margin for
arbitrage positions at a rate less than applicable to outright positions;
provided, however, that except for interdivision straddles, no such rate
shall be lower than the rates established for clearing members' margins.

Rule 9.05. MARGINS

* * * *
(E) Clearing Members may meet original margin calls by depositing:

(1) Cash (U.S. Currency);

(2) Original Margin Certificates issued by an original margin depository, in
form acceptable to the Clearing House, for delivery to the order of the
Clearing House, representing securities issued by the Department of Treasury
of the United States of America maturing within ten (10) years from the date
of the deposit and guaranteed as to principal and interest by the United
States Government; such securities shall be valued at ninety five percent
(95%) of the par value; or

(3) Subject to a maximum limit of 50% of the Clearing Member's total original
margin obligations, Irrevocable Letters of Credit payable to the order of the
Clearing House *including such Letters of Credit that are deposited with the
Clearing Member in accordance with Exchange procedures by a customer*, in
form acceptable to the Clearing House, issued by or confirmed by an original
margin depository and having an expiration date of not less than three (3) or
more than eighteen (18) months from the date of issuance; provided, however,
that such Letter of Credit may not be used to meet original margin
obligations during the fifteen calendar days prior to the expiration date
thereof (if the fifteenth day prior to the expiration of the Letter of Credit
is not a business day, the period during which such Letter of Credit may not
be used to meet original margin obligations shall begin on the business day
immediately preceding that day); and, provided further, that on the business
d!
ay!
!
 preceding the fifteenth calendar day prior to the expiration of the Letter
of Credit, the Clearing House shall issue a call for original margin to be
deposited in a form and manner acceptable to the Clearing House for positions
held open as of the close of business on that day and margined by the Letter
of Credit. The Clearing House shall have the unqualified right to call on any
Letter of Credit at any time prior to expiration.

CCA Rule 48. DEPOSIT OF SECURITIES AND LETTERS OF CREDIT A ORIGINAL MARGIN

* * * *
(b) Irrevocable Letters of Credit.

(i) The Corporation will accept as original margin for the full face amount
thereof a letter of credit in favor of the Corporation issued by any
institution selected by the depositor *including such Letters of Credit in
favor of the Corporation that are deposited with the Clearing Member in
accordance with Exchange procedures by a customer*, provided that

(A) such  institution has been approved by the Board as an approved
depository or such institution is organized under the laws of the United
States or the laws of any state and the letter of credit issued by such
institution has been confirmed by an approved depository;
(B) that the aggregate amount of letters of credit which may be accepted at
any time from any one approved depository, or for the account of any one
Clearing Member may be limited by the Board from time to time;
(C) that a letter of credit issued on behalf of a Clearing Member by an
institution which is an affiliated firm of such Clearing Member must be
confirmed by an institution which is not an affiliated firm of such Clearing
Member; and
(D) such letter of credit shall be in form and substance approved by the
Board and shall be in such denominations as may be determined by the Board
from time to time; shall be irrevocable, shall be available to be drawn upon
by the Corporation by  a clean sight draft(s) or written demand(s) and shall
run for a period of not less than ninety (90) days from the date of issue.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(01-186)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Here's the current version.  I'm going to give it another look, then I
suspect we will be ready to go.

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

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 06/02/2000 01:08
PM ---------------------------
From: Kathleen Clark@ENRON_DEVELOPMENT on 06/02/2000 12:30 PM
To: kay.mann@enron.com, Scott Dieball/ENRON_DEVELOPMENT
cc:

Subject: Change Order #1

Kay/Scott:

Here is the latest version:

Kathy


---------------------- Forwarded by Darron C Giron/HOU/ECT on 04/20/2001
12:46 PM ---------------------------
From: Veronica Espinoza/ENRON@enronXgate on 04/20/2001 10:13 AM
To: Janie Aguayo/HOU/ECT@ECT, Diane Anderson/NA/Enron@Enron, Derek
Bailey/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT, Jean Bell/HOU/ECT@ECT,
Patricia Boulanger/CAL/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Julie
Brewer/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate, Celeste
Cisneros/NA/Enron@Enron, Sharon Crawford/CAL/ECT@ECT, Richard
Deming/NA/Enron@Enron, Russell Diamond/ENRON@enronXgate, Cindy
Feldman/CAL/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Veronica
Gonzalez/ENRON@enronXgate, Jeffrey C Gossett/HOU/ECT@ECT, Walter
Guidroz/ENRON@enronXgate, Larry Joe Hunter/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Nidia Mendoza/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Bianca Ornelas/NA/Enron@Enron, Leslie
Reeves/HOU/ECT@ECT, Tanya Rohauer/ENRON@enronXgate, Dianne Seib/CAL/ECT@ECT,
Linda Sietzema/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen
Wallumrod/NA/Enron@ENRON, Melinda Whalen/CAL/ECT@ECT, Tiffany
Williams/NA/Enron@Enron
cc:
Subject: Credit Report--4/20/01


Will you please forward S. 420 and H.R. 333 to Carol via e-mail.

----- Forwarded by Chris Long/Corp/Enron on 05/30/2001 12:29 PM -----

	Carol St Clair@ECT
	05/30/2001 10:04 AM

		 To: Chris Long/Corp/Enron@ENRON
		 cc:
		 Subject: Re: Forward Contract Definition

Chris:
Thanks.  I'm checking with Vicki Sharp to see if we want to do anything.
Where can  locate the latest version of the bill that would have the proposed
changes to the forward contract definition?

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

	Chris Long@ENRON
	05/29/2001 04:52 PM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc:
		 Subject: Re: Forward Contract Definition

Carol - While it never too late to suggest a change, given the political
situation I would be hesitant to offer anything more than a "clarification".
While I would not spend a huge amount of time on it, I suggest you examine if
there are any changes. Depending on what happens in the Senate (now that it
is in Democratic hands), the process can be reopened and we could have an
opportunity to offer suggested changes (or it kill the bill all together).

	Carol St Clair@ECT
	05/29/2001 02:41 PM

		 To: chris.long@enron.com
		 cc: Vicki Sharp/HOU/EES@EES, Jeffrey T Hodge/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT
		 Subject: Forward Contract Definition

Chris:
Would it be too late to suggest changes to the definition of "forward
contracts" in the Bankruptcy Code in order to improve our position with
respect to the physical supply contracts that EES enters into?  I am not sure
what chnages we would want, but was wondering if there was any opportunity to
suggest a change.  Let me know what you think.  Thanks.

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


Vince,
Per Bill's request, attached is the credit supplement from the Board meeting.

Stephanie
3-9283


fyi
---------------------- Forwarded by Steven J Kean/NA/Enron on 07/18/2001 07:15 AM ---------------------------
From:	Jeff Dasovich on 07/17/2001 07:31 PM
Sent by:	Jeff Dasovich

To:	skean@enron.com, Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Harry Kingerski/Enron@EnronXGate, Leslie Lawner/Enron@EnronXGate, Michael Tribolet/ENRON@enronXgate, Kristin Walsh/Enron@EnronXGate, Karen Denne/Enron@EnronXGate, mpalmer@enron.com, Janel Guerrero/Enron@EnronXGate, Paul Kaufman/Enron@EnronXGate, Susan M Landwehr/Enron@EnronXGate, Linda Robertson/NA/Enron@ENRON
cc:

Subject:	California Update--0717.01

What people know:

Hertzberg (et al's) bill (82XX)was heard in an "informational" hearing today and still sits in the Assembly Energy Committee.  It will be heard again tomorrow (perhaps beginning at 10 AM) , at which time parties will have a chance to support/oppose and ask for amendments.  Most, including us, oppose unless significantly amended.
The Wright (D) -Richman (R) bill (83XX)was heard in an "informational" hearing today and still sits in the Assembly Energy Committee.  It will be heard again tomorrow, at which time parties will have a chance to support/oppose and ask for amendments.  From our perspective, this is the best bill out there yet, though it still has serious problems---it isn't available electronically yet, but should be tomorrow, and I'll distribute then.  The chances of the joint D-R bill being successful are slim, however, since it's up against the Speakers competing bill.  There is talk that the Speaker will try to negotiate with Wright/Richman tonight and include any agreement in his bill (82XX).
The original version of the Governor's MOU bill sits in the Senate.  Most believe that Burton will put it up for a vote this week and it will fail.
The Senate's version of the MOU (Sher-Peace-Kuehl) (78XX)came out today.  It will likely be heard in the committee tomorrow or the next day.  Notably, it kills Direct Access completely and makes Edison shareholders responsible for that portion of Edison's debt owed to suppliers.  In short, a very bad bill.
Burton's 18XX, which would de-link the bond issuance (to pay back the General Fund) from the DWR contracts is likely to pass the Senate tomorrow or the next day.  Many--including Enron--support the bill (though we are supporting it behind the scenes).

What people don't know:
Whether there's the time or the will in the Assembly and Senate to achieve by Friday a single, comprehensive bill that can be sent to the governor for his signature.
Whether the Legislature would postpone its month-long recess if the Legislature hasn't finished a bill by Friday (most folks think they will not postpone).
Whether it's true that, irrespective of the energy issue, the Legislature will fail to get the budget completed by Friday and therefore have to postpone their recess anyway, in which case they might continue to work on the energy legislation at the same time.

Odds-makers still say it's better than 50-50 that the Legislature does not get the Edison bills done by Friday and leaves on on its 30-day vacation.

Best,
Jeff

Sacramento is one goofy place.


Ben, I am not sure if I forwarded this to you yesterday, what do you think, is there something more you would like to see this have?  Or should
I meet with Mike and come back to you with suggestions between us?  Let me know when you get a chance.
Bryce

 -----Original Message-----
From: 	Zipperer, Mike
Sent:	Wednesday, October 17, 2001 3:44 PM
To:	Schneider, Bryce
Subject:	RE: NYISO

Bryce,

	I have a couple idea's for this model and I'd like to know what you think. I would like to create one model which would have the potential to encompass a larger amount of information. I could create a similar model which would have basically the same format but allow you to select which zones you would like to view. We could even allow the selection of which region if needed. This could save us alot of time and energy by not having to make small changes which take too much time. I'm free pretty much all morning tomorrow if you would like to get together for about 30 minutes or so and discuss.

Thanks,
Mike


Vince,

I've been invited to speak at the conference below in Amsterdam in April.
This is along with the Monte Carlo conference a week later which Stinson has
forwarded my name for. Both are by EPRM, and shouldn't take too much time to
prepare as will be on similar topics to the previous conference at which I
spoke. Should I go to both, or start prioritising these events?

Ben
---------------------- Forwarded by Benjamin Parsons/LON/ECT on 20/12/99
17:03 ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Angela Adedeji" <aadedeji@risk.co.uk>
20/12/99 11:57

Please respond to "Angela Adedeji" <aadedeji@risk.co.uk>
To: Benjamin Parsons/LON/ECT@ECT
cc:

Subject: European Energy 2000

Dear Ben
RE: EUROPEAN ENERGY 2000, 3 & 4 APRIL, AMSTERDAM

It is with great pleasure that I enclose details of EPRM's 3rd annual
congress. I would like to invite you to become involved as a speaker on the
programme and/or on either of the two seminars on Modelling power prices and
VAR.

The following sessions are currently available on the main programme:
- Trouble shooting roundtables -
        VAR
        Forward curve
        Electricity derivatives
        Heding
- Developing and implementing enterprise wide risk management
- Quantifying and minimising operational risk

Unfortunately this project needs to be signed off before christmas. I would
therefore appreciate receiving a response from at your earliest convenience.
I hope we can work together on this event and I look forward to hearing from
you soon.
Kind Regards
Angela Adedeji
Senior Producer, Energy Conferences & Courses
Tel - 0171 484 9886
Fax - 0171 484 9888
Email - aadedeji@risk.co.uk

 - att1.htm
 - Fgrid.doc
 - Seminar.doc
 - Seminar2.doc


Thanks for your research. I hammered the old coot on the head w/it this
morning.


Yes Kay.  It shlould be the last version from Peter Thompson of AK sent April
24th.  Tom Constantine and I just left Peter a voice mail to ask him to
resend to Tom for a double check.  I wil ask Tom to forward it to you.  I
have nothing to add to these contracts, and want to get out of the loop to
eliminate confusion.

This does not mean I will not help or answer any questions, just that Dale
has asked Tom to act in Dale's place on this, and I don't want to screw
things up....

TOM - when received or confirmed from Peter, would you please send a copy to
Kay Mann as well (as requested below).

 -----Original Message-----
From:  Mann, Kay
Sent: Tuesday, May 01, 2001 9:34 AM
To: Williams, Bill
Subject:

Could you email me the last version of the turbine contract?

thanks,

Kay


Regarding BC Utility,  I have discussed a GISB with Mr. Wong  and  we have
been unable to come to agreement  due to their choice of law restriction.
Because they are a utility they are by statute required to bind agreements
subject to  British Columbia.   Conversely as this would be an agreement
subject to state laws of Texas as well as the United States,  it will not
work to agree to British Columbia as jurisdiction for this contract.

Please let me know if you have any questions, or I can be of further
assistance.

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


On Friday, November 2, Kristine Best/Confirmations informed me on the above trades.    V40316 was handled enron online and V44558 was entered into the system on 4/19 and checked out by Jeanne Bell directly with the customer on 5/15.   The trade is with Williams...Enron selling Nov1-Mar2, 1/2 day at 5.485.    John Arnold will inform me as to what to do after the market closes today.


Start Date: 1/17/02; HourAhead hour: 7;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011707.txt
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


The attached schedule is for Wednesday, March 20.  Associated text files have been posted to Sparky.

Michael R. Frazier
Manager, Load Forecasting
Enron Energy Services
Office: 713-345-3200
Pager: 877-926-0615
P-mail: 8779260615@skytel.com


Debra:

As Debra and I discussed, we are  currently preparing a GISB contract for GPU
Services Company, as agent for ______.  I mentioned to Debra that when we
have a counterparty who is represented in transactions by an agent, we  work
to include the attached agency riders in the master agreement.  These riders
include reps and warranties relating to the agent's authority as well as an
acknowledgment by the principal relating to same.  I propose that you all
consider the attached riders when preparing master agreements in an agency
context.

To the extent that the counterparty is amenable, I strongly urge you to
propose that the principal enter into the contract on its own behalf and that
the contract merely recite that the agent is authorized to enter into
transactions pursuant to the agreement for and on behalf of the principal.
This is the approach I am going to try with GPU.  If an agent represents
multiple principals, try to enter into a separate master with each principal.

However, to the extent the counterparty absolutely refuses this approach, at
the very least I would include the riders and get acknowledgments from the
principal(s).  If there are multiple principals, try to get a separate
agreement with the agent for each principal (as opposed to one master with an
agent on behalf of numerous principals) to avoid questions about allocation
of transactions and credit exposures.

Please feel free to follow up with any questions or comments.

I have also attached for your reference a memorandum I prepared some time ago
regarding various issues to consider when dealing with an agency relationship.

Leslie


1.  Patty Broderson  (770) 792-1962 (headhunter) is working on a postion for a trading/marketing company located in Dallas.

2.  Roseanne Marino  (212) 704 2156  (headhunter) is working on a position in marketing/trading for Constellation energy.


Attached please find the log report for the week of Dec 10-17th, as of Dec
12th.  Should you have any questions please feel free to contact me at  ext.
54751.


Lance,

I could not open the attachment.
I concur with Vasant. We always face a challenge with summer interns: we don't want
to expose them to too much information. We typically look for a self-contained project
and limit intern's access to additional information.

Vince

From:	Vasant Shanbhogue/ENRON@enronXgate on 05/04/2001 08:11 AM
To:	Lance Cunningham/NA/Enron@ENRON
cc:	Vince J Kaminski/HOU/ECT@ECT
Subject:	RE: Potential Candidate, Summer Intern

Hi Lance,

	he looks very good.  How would you plan on using him?  My only concern about using a summer intern would be that I would not want him to learn all about Enron's operations in power trading and then go work somewhere else.  But if you think we can use him in a more generic manner where you give him specialized projects and you yourself deal directly with the traders, then that may be a possibility.  If you agree, let us check with Vince and then interview him.

Vasant

 -----Original Message-----
From: 	Cunningham, Lance
Sent:	Thursday, May 03, 2001 2:35 PM
To:	Shanbhogue, Vasant
Cc:	Lin, Martin
Subject:	Potential Candidate, Summer Intern

Vasant,

Attached is a resume for a candidate that might serve temporarily through the summer.  Maybe this could be a stop gap measure until we can locate a full time person.  I would anticipate him working as a summer intern.

Lance
---------------------- Forwarded by Lance Cunningham/NA/Enron on 05/03/2001 02:31 PM ---------------------------

"Youseok Son" <ysson@mail.utexas.edu> on 05/03/2001 02:09:58 PM
To:	<Lance.cunningham@enron.com>
cc:

Subject:	My resume (attached) -ignore previous one

Hi!
   Thank you very much for your help.
Here is my resume.
Please let me know what should I do next as soon as possible.
Becasue I have several interview plans with other companies.
But I would like to work at Enron most.
So if I can get the job at Enron, I don't want to
hang around others.

Thank you again.

Youseok Son
Energy Systems, ECE
University of Texas, Austin
Email : ysson@mail.utexas.edu
Tel. : 512-471-4606

 - myResume.doc << File: myResume.doc >>

<Embedded Picture (Device Independent Bitmap)>


Mike,
    If you need JohnSpeak up now. If not, he's gone on TUESDAY. Let Gary Smith know today if you want him. Thanks.

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


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

 - 10-19 1500 Report.xls


I just had a thought.  Just to keep you guys in the loop, I will send this
type of stuff to you unless you tell me not too.  You don't need to do
anything with it.  Its more of an awareness type thing.

---------------------- Forwarded by Chris Germany/HOU/ECT on 07/17/2000 10:25
AM ---------------------------

Chris Germany
07/17/2000 09:39 AM
To: Alicia Perkins/HOU/ECT@ECT
cc: Dick Jenkins/HOU/ECT@ECT
Subject: Transport Usage

I just changed the rate on Algon/transport usage deal 233358 from $.26 to
$.0206.  We should get back 155,000 x $.2394 == $37,000 tonight.


I received a call from Jack Foley from the PG&E Credit Risk area regarding concerns to their exposure from TW. He cited that due to the' CC' S & P rating they had concerns regarding their monthly prepayment to TW of approximately $ 1.8 M, our marketing of their excess capacity, and the Operating Agreement at the interconnect regarding indemnification of the PCB cleanup.
He stated that PG&E has exposure as a result of TW marketing their excess capacity which at present TW has paid PG & E it's portion. However, we are due to remarket in January for their Spring/Summer capacity where we bill, collect and remit to PG &E. Also, he advised that per the Operating Agreement at the interconnect, dated June 27, 1995, there is an indemnification for PCB cleanup and that we pay PG & E $ 300,000 to $ 400,000 per year and the agreement runs to 2007. He added that there is a reaffirmation of the 1995 agreement dated May 28,1999, with Steve and Lou as the signers.

In order to alleviate their concerns, Foley proposed, 1) TW drop the prepayment requirement and 2) provide security/collateral to secure the remarketing and PCB cleanup.

Please review and advise your comments.

Regards.


Joe,

Let's talk about it.

Vince

Joseph Hrgovcic
04/12/2000 06:05 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Stratus consulting

Vince,

 According to Geoff Considine, of Stratus Consulting, Gary Dorris of Aquila
has spoken with you at some lenght regarding Stratus' egergy analytics. What
is your opinion of them. Geoff is possibly coming in this week to give the
weather derivatives group a pitch for their services.

Joe


Rod,

Thanks for the email.  Can you help me match the information in this email
to your operating plan or cash flow analysis?

Kyle

                    "Hayslett,
                    Rod"                  To:     "Howard, Kevin A." <Kevin_Howard@ENRON.net>,
                    <Rod.Hayslett@        <Kyle.Kettler@dynegy.com>
                    enron.com>            cc:
                                          Subject:     RE: Fw: Undeliverable: Fw: Last schedule
                    11/12/01 11:52
                    AM

Sorry it took so long to uncover this file.

 <<AnnualStats.xls>>

>  -----Original Message-----
> From:   Howard, Kevin A.
> Sent:   Friday, November 09, 2001 2:17 PM
> To:     Hayslett, Rod
> Subject:     FW: Fw: Undeliverable: Fw: Last schedule
>
> I am not aware of the volume/rate info you used - is this pulled in
> from another schedule?
>
>  -----Original Message-----
> From:   Kyle.Kettler@dynegy.com@ENRON COMMUNICATIONS
> Sent:   Friday, November 09, 2001 2:00 PM
> To:     Howard, Kevin A.
> Subject:     Re: Fw: Undeliverable: Fw: Last schedule
>
>
> Kevin,
>
> Do you have the volume and rate information on Northern Natural that
> will
> tie to Rod's forecast as well?
>
> Kyle
>

**********************************************************************
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Thank you.
**********************************************************************
(See attached file: AnnualStats.xls)


Greg,

FYI. I can see further escalation in compensation for quants.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/28/2000
04:15 PM ---------------------------

Pinnamaneni Krishnarao
02/18/2000 03:04 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Problem with job offer for Puneet Mathur

Vince:
 This is regarding Puneet Mathur who we interviewed last week and decided to
make an offer to join the Retail research team. I called him to inquire about
his current compensation. His current base salary is $115,000 with a minimum
bonus of 20%. His last pay raise and bonus were in September 1999 and he is
expecting a raise and a bonus this September. The offer we would like to give
him ($85-90K base) is obviously way below his expectations. And I don't see
how we can offer him what he expects from us ($125K base - on par with mine),
as it would be placing him well above Ronnie & Osman who are definitely more
experienced and, in my view, more qualified. Let me know what to do.

Thanks,
Krishna.


----- Forwarded by Susan J Mara/NA/Enron on 11/02/2000 10:57 AM -----

	US Publishing <season@restructuringtoday.com>
	11/02/2000 08:59 AM
	Please respond to season

		 To: "RT Reader" <season@restructuringtoday.com>
		 cc:
		 Subject: Restructuring Today, Thursday November 2, 2000

(see attached file:  rt001102.pdf)

Thank you,

Season Hawksley
US Publishing
1-800-486-8201
www.restructuringtoday.com
season@restructuringtoday.com

 - rt001102.pdf


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 08/23/2000
11:32 AM ---------------------------

"SOCORRO HERNANDEZ" <SUHERNAN@LLGM.COM> on 08/18/2000 12:55:40 PM
To: <Judy.Hernandez@enron.com>, "JESSICA VEGA" <JVEGA@LLGM.COM>, "KATHY MARIE
MOORE" <KMOORE@LLGM.COM>, <bandama@ssa.co.orange.ca.us>,
<maryloulou@yahoo.com>
cc:
Subject: Fwd: FW: Penney

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From: "WILEMON, TAMMY" <TWilemon@victoria.warmsprings.org>
To: "JULIE VILLARREAL (E-mail)" <jvillarreal@jw.com>,        "Aaron/Mason
Villarreal (E-mail)" <massar@aol.com>,        "Amanda Villarreal (E-mail)"
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Subject: FW: Penney
Date: Fri, 18 Aug 2000 09:43:18 -0500
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-----Original Message-----
From: PYATT, VICKI
Sent: Friday, August 18, 2000 9:19 AM
To: Brenda Gescheidle (E-mail); Michael Arnold (E-mail); Sallie Ann Sullivan
(E-mail); Victor H. Arnold (E-mail); 'amy sullivan'; 'Deborah Worrall';
'felisha stelpflug'; 'janna shoe'; 'Kellye Sullivan'; 'marla morrison';
'sherry flume'; 'stacy zella'
Cc: FARMER, LUCRETIA; BLUNDELL, DEBBIE; STOWERS, NOELLE; WILEMON, TAMMY;
CARLEY, BECKI
Subject: FW: Penney

-----

> FOUND PENNY
>
>  I found a penny today
>  Just laying on the ground,
>  But it's not just a penny
>  This little coin I've found.
>  Found pennies come from heaven
>  That's what my Grandpa told me,
>  He said Angels toss them down
>  Oh, how I loved that story.
>
>  He said when an Angel misses you
>  They toss a penny down,
>  Sometimes just to cheer you up
>  To make a smile out of your frown.
>
>  So don't pass by that penny
>  When you're feeling blue,
>  It may be a penny from heaven
>  That an Angel's tossed to you.
>
>  j  j  j  j  (look closely, these are little
>  angels!
>  Pass this on to the people who you care about and who
>  you feel that are angels to you. An angel is now
>  watching over you....  j
>


Maybe you should ignore the sentiment of the quote I sent earlier...I think
you may be adhering to it too faithfully.  At this rate we may have to start
pinning notes to your shirt to remind you to do things.  However, having
driven with you on several occasions I feel confident you will be able to
pass the test with flying colors.  Keep in mind though that if you end up
failing I will not let you forget it (and, as we have established, I have the
memory of an elephant).

I'll keep discussion of me to a minimum and just say that things are well on
32.  Now back to what's really important...you.  Thought you'd like to know
that the Dixie Chicks are coming back to Houston Dec. 12 and will performing
just down the street from you at the Compaq Center...it's all about you and
your needs.

Ted Noble
08/16/2000 10:56 AM
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Re: So true, so true

AAAAAGGGHHHHHH...I just found out that I need to take the TX drivers exam
both written and on the rode.  This is a two day process and all because I
let my CA license expire.   I know I need some of your organizational
skills.  I may try to run out and take the test this afternoon while I get
moved to 30 (I better not fail it). How's life on 32 today -- well that's
enough about you let's talk more about me.


We'd like you to fill out this survey about Enron's Corporate Internal Communications programs.  Why?  Because our job is to advance your job by providing internal communications tools and information that will help you work more effectively.  And don't worry.  The survey is confidential.

How can you be assured that completing this survey is not a waste of your time?

1.  We will post all of the numerical results on Enron's corporate intranet.  (Probably not the individual comments, though, because that would be way too much to read!)

2.  Our programs are based on what you want, so we need your feedback to assess how we're meeting your needs and where we can make improvements.

The survey will only take you about ten minutes or less, honest.  Thanks for participating.

Please click on the link below. (Best viewed in Internet Explorer.)

http://etcsurvey.corp.enron.com/wi/p0639782/i.asp?r=40481&s=SNYLVNTS&l=9

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


I think the list is OK.  Can you fedex me one of the deal entry books.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/24/2001
05:32 PM ---------------------------

Celeste Roberts
04/24/2001 04:30 PM
To: gappy@stanford.edu
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: From a previous summer intern

Dear Giuseppe:

Unfortunately, I am no longer with the Associate and Analyst recruiting
department and will be unable to assist you directly.  Please contact Tracy
Warner, who is now responsible for recruiting.  She will be able to assist
you directly.  Tracy can be contacted at Tracy.Warner@Enron.com.  I would
also recommend having Vince Kaminski contact her as well to ensure that all
communications are in order.

Best regards,
Celeste Roberts

Giuseppe Andrea Paleologo <gappy@stanford.edu>@Stanford.EDU on 04/20/2001
01:53:39 PM
Please respond to gappy@stanford.edu
Sent by: gappy@Stanford.EDU
To: Celeste Roberts <Celeste.Roberts@enron.com>
cc:
Subject: From a previous summer intern

Celeste, my name is Giuseppe A. Paleologo and you amy remember me: I was
a summer intern last summer in the research group, and attended the
hiring event this year at Stanford. In that occasion I had an informal
offer from Vince Kaminski, and the assurance that I would receive a
written one in the following two weeks, but since then I have not
received any letter from Enron. I would like to know if the offer is
still valid, and if it has been sent. I am asking because I am in the
process of evaluating my offers, and would like to wait for Enron before
I make my final decision.

Thanks in advance,

Giuseppe Paleologo

--
Giuseppe A. Paleologo
email: gappy@stanford.edu
office phone: (650) 725-0541