---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/08/2000
04:58 PM ---------------------------

Steven E Shreve <shreve@matt.math.cmu.edu> on 09/07/2000 04:44:33 PM
To: Vince.J.Kaminski@enron.com
cc: ps5@andrew.cmu.edu
Subject: Visit to Carnegie Mellon

Dear Dr. Kaminski:

Pierre Ste-Marie tells me he has invited you to visit Carnegie Mellon.  I
would just like to emphasize how much we hope you can arrange a visit.  We
have had the good fortune of attracting outstanding students into our
Master's program in Computational Finance, and I think you will enjoy
meeting them.  Last year Alexander Eydeland visited, and at the conclusion
of the year hired one of the students.  I look forward to meeting you.

Sincerely yours,
Steve Shreve

Steven E. Shreve
Department of Mathematical Sciences
Carnegie Mellon University
Pittsburgh, PA  15213-3890

E-mail: shreve@cmu.edu
Direct Telephone: 412-268-8484
Department Telephone: 412-268-2545
Fax: 412-268-6380


If you would like a hard copy of the presentation to be included in the
Conference Book, I'll need it before Friday, March 24.  Thank you both for
all your time & work on this.

Dawn
************************************************
FROM:  Dawn Scovill, Event Coordinator
DESIGNS Event Consulting
dawn@perfectmeeting.com

----- Original Message -----
From: <Vince.J.Kaminski@enron.com>
To: <dawn@perfectmeeting.com>
Cc: <sobotkad@kochind.com>; <Vince.J.Kaminski@enron.com>
Sent: Thursday, March 16, 2000 9:02 AM
Subject: Re: Presentation

>
> Dawn,
>
> I met David Sobotka from Koch this morning and we talked about
> coordinating our presentations.
> This means there will be changes intended to avoid overlaps. Sorry for
> that. The portions of my presentation
> will survive (those about valuation paradigms) and I shall add a few more
> pages on accounting treatment of weather derivatives
> plus more specific examples. David will cover primarily market evolution +
> plus examples of some
> standard structures, and we shall both give more interesting examples of
> specific deals executed by our companies.
>
> I shall send you an updated version of my part next week. Let me know what
> the deadline is.
>
> Vince
>
>
>
>
> "Dawn Scovill" <dawn@perfectmeeting.com> on 03/14/2000 07:53:47 AM
>
> To:   "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
> cc:
> Subject:  Re: Presentation
>
>
> Thanks -- would you like me to include these in the conference book? or do
> you anticipate changes?
>
> Dawn
> ************************************************
> FROM:  Dawn Scovill, Conference Coordinator
> "Powerful New Ideas 2000"
> dawn@perfectmeeting.com
>
>
> ----- Original Message -----
> From: Vince J Kaminski <Vince.J.Kaminski@enron.com>
> To: <dawn@perfectmeeting.com>
> Cc: Shirley Crenshaw <Shirley.Crenshaw@enron.com>; Vince J Kaminski
> <Vince.J.Kaminski@enron.com>; Vince J Kaminski
<Vince.J.Kaminski@enron.com>
> Sent: Monday, March 13, 2000 1:56 PM
> Subject: Presentation
>
>
> >
> >
> > Dawn,
> >
> > I am sending you an electronic version of my presentation.
> >
> > Vince Kaminski
> >
> > (See attached file: fpl0400.ppt)
> >
>
>
>
>
>
>


I'm Sorry Francis for continuing to call.  I didn't see your e-mail.

 -----Original Message-----
From: 	Lim, Francis S.
Sent:	Tuesday, November 06, 2001 2:25 PM
To:	McLaughlin Jr., Errol
Subject:	FW: URGENT REQUEST

We are working on your urgent request.

 -----Original Message-----
From: 	Lim, Francis S.
Sent:	Tuesday, November 06, 2001 2:25 PM
To:	Gupta, Sanjeev
Subject:	URGENT REQUEST

Contact: Errol McLaughlin
tel:5-8274
list of all deals done in the last 30 days
and their duration (Start date and end date).
Do a quick and dirty sql in toad
and paste it in excel then mail it to Errol

select * from egs_price_basis
where quote_deal_status_cd != 'K'
and portfolio_type_cd = 'P'
and book_cd = 'G'
and deal_dt >= trunc(sysdate)-30
filter out
	no book to book deals
	no desk to desk deals
	no internal deals

Duration of the trade for the price book over the last 30 days
Excel
deal num
commodities
start date
end date
qty....etc..relevant information about the deal


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/08/2000
04:58 PM ---------------------------

Becky Pham
09/05/2000 03:06 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Commercial Teams in ENA

Attached file consists of a list of Commercial teams within ENA.  According
to your allocation, 39.61% goes to ENA.  12.5% of the 39.61% goes to Global
Risk Management and the rest, which is 27.11% needs to allocate to the rest
of ENA Commercial Teams.  Will you look at the attached file and let me know
who I should allocate the 27.11% to?  If you have any questions, call me.
Thanx.


I'm on vacation next week, but would be happy to get together first thing the
following week to discuss.

Also, in response to a voicemail that I received, wanted to let folks know
that the CPUC did not hold gas hearings today. The legislature is, however,
holding hearings, taking a "comprehensive view" of the industry (i.e.,
focusing on specific allegations of pipeline capacity "price gouging").  They
held their first hearing today, but it got cut short due to activities
underway in the Legislature.  I believe that, prior to cutting the hearing
short, the Legislature only made it through two panels of customers, who told
stories of skyrocketing bills and associated hardship.

One panel participant (Anastacio Andrade of Sunrise Mushrooms, I believe)
waived an EES bill and described how it tripled between November and
December.  I have a feeling that the Legislature's actions may be prompting
the PUC to appear that it's doing something.  I'll report more on the
Legislative hearings as they occur.

Best,
Jeff

	Jeffery Fawcett/ENRON@enronxgate
	03/23/2001 05:03 PM

		 To: mbaldwin@igservice.com@SMTP@enronXgate
		 cc: Susan Scott/ENRON@enronXgate, Jeff Dasovich/NA/Enron@Enron, Kevin
Hyatt/ENRON@enronxgate, Mary Kay Miller/ET&S/Enron@ENRON, Lon
Stanton/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON
		 Subject: Notice of CPUC workshop

Pardon the pun, but it certainly looks like things are heating up again on
the gas front.   Mark, if possible, we'd like for you to be there for TW.
Also, Susan or I or both will be there.  I think it'd be a good idea to rally
the 'ole "GIR" team by telephone to get our facts straight and understand the
issues before this workshop.  We'll be in touch next week.

 -----Original Message-----
From:  Scott, Susan
Sent: Friday, March 23, 2001 4:20 PM
To: Fawcett, Jeffery
Subject: FW: notice of workshop

In case you weren't on the list.

 -----Original Message-----
From:  "Lo, Doris" <dtl@cpuc.ca.gov>@ENRON
[mailto:IMCEANOTES-+22Lo+2C+20Doris+22+20+3Cdtl+40cpuc+2Eca+2Egov+3E+40ENRON@E
NRON.com]
Sent: Friday, March 23, 2001 4:18 PM
To: 'skatz@sempratrading.com'; 'kmccrea@sablaw.com';
'thompson@wrightlaw.com'; 'johnj@bcjlaw.com'; 'sscott3@enron.com';
'trdill@westernhubs.com'; 'ghinners@reliantenergy.com';
'tdickers@westerngas.com'; 'mark.c.moench@wgp.twc.com'; 'andy.bettwy@swg
as.com'; 'johnwalley@swgas.com'; 'napedersen@jonesday.com';
'rpetti@ladwp.com'; 'eklinkner@ci.pasadena.ca.us'; 'slins@ci.glendale.ca.us';
'bjeider@ci.burbank.ca.us'; 'roger.pelote@williams.com';
'douglas.porter@sce.com'; 'gloria.ing@sce.com'; 'burkee@cts.com';
'jleslie@luce.com'; 'gsullivan@sempra.com'; 'jsteffen@iid.com';
'haorndorff@aeraenergy.com'; 'kbhensman@aeraenergy.com';
'mdjoseph@adamsbroadwell.com'; 'bfinkelstein@turn.org'; Farrar, Darwin;
McNamara, Michael D.; Gileau, Patrick L.; 'joseh@lif.org'; 'joseh@lif.org';
'evk1@pge.com'; 'epoole@adplaw.com'; 'bcragg@gmssr.com'; 'chj@aelaw.com';
'chilen@llgm.com'; 'eke@aelaw.com'; 'jmct@gmssr.com'; 'jkarp@whitecase.com';
'jkarp@whitecase.com'; 'lindseyhowdowning@dwt.com';
'rick.counihan@greenmountain.com'; 'mday@gmssr.com'; 'edwardoneill@dwt.com';
'grant_kolling@city.palo-alto.ca.us';
'raveen_maan@cerberus.city.palo-alto.ca.us'; 'rochmanm@cubjpa.org';
'jcattermole@pcenergy.com'; 'igsinc@ix.netcom.com'; 'craigc@calpine.com';
'gtbl@dynegy.com'; 'joe.paul@dynegy.com'; 'kfyip@seiworldwide.com';
'davef@abag.ca.gov'; 'garyb@abag.ca.gov'; 'ceyap@earthlink.net';
'askaff@energy-law-group.com'; 'pjpowerlaw@aol.com';
'tomb@crossborderenergy.com'; 'jweil@aglet.org'; 'dcarroll@dbsr.com';
'ed@clfp.com'; 'jtachera@energy.state.ca.us'; 'gtbl@dynegy.com';
'iep@iepa.com'; 'lmh@eslawfirm.com'; 'kmills@cfbf.com';
'ron_oechsler@rmiinc.com'; 'alan_reid@pcp.ca'; 'rfoss@coral-energy.com';
'tom.roth@et.pge.com'; 'ronknecht@aol.com';
'furutanj@efawest.navfac.navy.mil'; 'aod@newsdata.com';
'rgloistein@orrick.com'; 'salleyoo@dwt.com'; 'igsinc@ix.netcom.com';
'rbw@mrwassoc.com'; 'rczahar@aol.com'; 'stomashe@energy.state.ca.us';
'karen@klindh.com'; Stevens, Maria E.; 'jwr@cpuc.ca.gov'; Quan, Edwin; Wong,
John S.; Myers, Richard A.; Pocta, Robert M.; White, Rosalina; Sarvate,
Sarita; Horner, Trina; Beck, Valerie; 'mjaske@energy.state.ca.us';
'bwood@energy.state.ca.us'
Cc: Myers, Richard A.
Subject: FW: notice of workshop

 - Notice for gas infrastructure workshop.doc


I forgot to ask in the last e-mail if you guys buy gas in the San
Juan Basin on EPFS, and if you do, do you have gathering?
--
NGFC, tcooper@ngfc.com on 10/10/2001


<<Exhibits to Gas Turbine Purchase Agreement - without notations.DOC>>

This is the most recent draft of the exhibits.

The following items need to be added to complete the exhibits:

1. Exhibits B-1 and H-2 need to be added.

2. If one is warranted, a Seller Parent Guarantee should be
included as Exhibit C-1.

3. Does Exhibit F need to be updated and revised before signing?

4. In Section 3.1 of Exhibit K, the terms "Specific Date" and
"Recovery Schedule" are not defined.

5. For Exhibit T, please confirm that Enron has received all
documents that it should have received by now.

 - Exhibits to Gas Turbine Purchase Agreement - without notations.DOC


Mom said she was keeping you up to date on everything.  So, of course, I
spent the whole weekend trying to figure out how I want to handle this
"situation".  Basically I've decided the following:
 1.  I will agree to meet him for a beer and a chat (I'm going to suggest
Molina's - I think it's a good location, public enough & private enough)
 2.  I will be calling and leaving a message with him to let him know I will
meet with him, NO email... and will request that he do me the same courtesy.
 3.  I will let him do the talking (I mean he's the one that wants to have a
chat so he must have something to say)...at least to begin with
 4.  I will NOT be a push-over (it's not in my character anyway)

Well, what do you think?  Any suggestions/recommendations?  I am very new to
this whole relationship discussion thing.  Most importantly, do you think
there is anything he could say/do that would or should allow him a second
chance?  Right now I don't know if there is.

Susan

PS - I think I'm going to come over with Mom and Dad now in November.  I've
been checking out airfare recently, ouch!  Anyway, I think were shooting for
Nov. 9-14.  Talk to you soon.

	Enron Capital & Trade Resources Corp.

	From:  Scott Charles <cscott_korea@yahoo.com>
09/25/2000 07:27 AM

To: Susan Scott <sscott5@enron.com>
cc:
Subject: men, you just can't live with them

I heard about the ongoing saga you are currently in
the middle of.  The nerve of that boy!  I think you
are right not jumping to return his e mail.  What a
coward, that he had to e mail you and didn't even have
the decency to call you.  What a weirdo!

Chris

__________________________________________________
Do You Yahoo!?
Send instant messages & get email alerts with Yahoo! Messenger.
http://im.yahoo.com/


You're the bomb!

   Kate Symes @ ECT                12/20/2000 07:04 PM

To: Kimberly Hundl/Corp/Enron@ENRON
cc:

Subject: Re: Hinson Power Company, Inc.

Apparently, these are deals we entered in an attempt to cancel an existing
contract with Hinson - so they are not actual purchases of power, which I
believe is where the confusion over the confirm letters began. Christian is
working on the legal aspect of how best to confirm these "deals," but as is
so often the case with these guys (and especially around the holidays), they
slipped out of the office before giving me an answer. So we'll get this done
tomorrow morning. I'm sorry for the delay!

Thanks,
Kate

Kimberly Hundl@ENRON
12/20/2000 07:30 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Hinson Power Company, Inc.

Hi Kate,
Deals #478168, 478944, 478945, 478946 are to be confirmed by either Greg
Wolfe or Christian Yoder.  We need to get the final copy of these confirm
letters so we can scan them into the system for our files.  Also, if the
finalized confirm has been sent to the counterparty we need to change the
status in the system.  These deals are still showing up on our "New" report
every morning and I need to do something with them.
Thanks for your help!
Kim


I am fine with the agenda except that I will have E. Sager talk about the trading forms.  Mark

 -----Original Message-----
From: 	Stacy Carey <SCAREY@ISDA.ORG>@ENRON [mailto:IMCEANOTES-Stacy+20Carey+20+3CSCAREY+40ISDA+2EORG+3E+40ENRON@ENRON.com]
Sent:	Thursday, July 12, 2001 12:25 PM
To:	Haedicke, Mark E.; Taylor, Mark E (Legal); Ruth Ainslie; Stacy Carey
Subject:	Energy and Developing Products Committee  Meeting - July 27 (10:0	0 a.m. -EST)

Hello Mark - Attached is an updated agenda for the July 27th Meeting.  I
would like to get your sign-off on the agenda so I can circulate to the
members with the meeting invitation tomorrow.

Would you let me know your thoughts about which items to cover and how long
we want the meeting to last.  The attached agenda will likely lead to a 2
hour meeting.  This might be an adequate time frame since this is the first
meeting in a while but let me know what you think!  Many thanks!  -- Stacy

 <<Agenda Discussion Document.doc>>

> -----Original Message-----
> From:	Stacy Carey
> Sent:	Friday, June 29, 2001 2:56 PM
> To:	Mark Haedicke
> Cc:	Mark Taylor; Ruth Ainslie; Janette Elberton; Stacy Carey
> Subject:	Energy and Developing Products Committee Agenda and Meeting
>
> Hello Mark --
>
> I am attaching an updated committee agenda for your review that builds
> upon the original list of items from your May 24 e-mail and subsequent
> discussions w/myself, Mark Taylor and Ruth Ainslie.
>
> I think we should be able to cover most of these items in a first meeting
> as many of them (European and US regulatory issues) are update items.
> However, we will need some time to further coordinate the agenda in terms
> of identifying individuals to make presentations.  I do not believe we can
> pull this together by July 13.
>
> I mentioned that Goldman Sachs had teleconferencing capabilities in their
> NY and Houston offices but  there is question as to whether they would be
> available from the 16th through the 26th. At this juncture the best days
> for the meeting are July 30 or 31.
>
> Additionally, in terms of organizing the agenda.  Would appreciate your
> thoughts on the following: especially who might bethe right person for
> California.
>
> 1) European Bridge Agreement - Allen & Overy
> 2) California Energy Issues - NEED A RECOMMENDATION?
> 3) Bankruptcy Reform - Stacy Carey - ISDA NY
> 4) Retail Swaps Study - Stacy Carey - ISDA NY
> 5) Market Abuse Directive - Katia D'Hulster - ISDA London
> 6) FSA Consultation Paper - Jonathan Marsh (Enron) (gave the presentation
> at the European Energy Committee Meeting) or Katia D'Hulster ISDA London
>
>  << File: Agenda Discussion Document.doc >>
>
> Stacy Carey
> Policy Director
> International Swaps and Derivatives Association
> 600 5th Avenue, 27th Floor
> Rockefeller Center
> New York, NY  10020
> (212) 332-1202 ph
> (212) 332-1212 fax
> (917) 543-9622 cell
> scarey@isda.org
>
>

 - Agenda Discussion Document.doc << File: Agenda Discussion Document.doc >>


Sorry I haven't responded very timely.  Things have been hectic at work.  I am looking forward to seeing you tomorrow.  Russell said you would be in around 6-7, is this right?  What kind of food do you want to eat, Russell suggested a Mexican food place, is this o.k. with you?

Stacey

 -----Original Message-----
From: 	Karyn White <kwhite@gulfbend.org>@ENRON
Sent:	Monday, October 15, 2001 10:07 AM
To:	White, Stacey W.
Subject:

Hey!  Just wanted to say thanks for the  Birthday Card.  Also, sorry we didn't get to see each other over the  weekend.  I was so excited because I was actually going to be able to give  you Fortune's Rocks back!  Can you believe I finished it?  It only  took me 3 months!  Now I am reading your To Tame a Texan's Heart.  So  maybe I will have it finished by the next time we see each other.

Have y'all seen any good movies  lately?  We went for my birthday and saw Don't Say a Word.  Couldn't  decide between that or Training Day.  Should have seen Training Day.   I was disappointed in the other one.  Of course Lamar said "I told you  so".

Well, I will let you go.  Take  care.

Love,
Karyn


It is already time to begin preparation for another regular Board meeting on Tuesday, Feb. 12 with Committee meetings on the afternoon of Monday, Feb. 11.  We need to set the schedule this week in order for the members of the Board to get nonrefundable airfares.  By Thursday, please advise me of how much time you will need for the Committee meetings (or for your portion) on Feb. 11:

Audit			Andrew
Compensation		Mary
Finance			Rick
			Ray

Thanks.  Paula


A more lucid explanation of the issues.
---------------------- Forwarded by Kay Mann/Corp/Enron on 09/28/2000 06:20
PM ---------------------------

lee.johnson@ss.ps.ge.com on 09/21/2000 03:25:34 PM
To: ben.f.jacoby@enron.com
cc: kay.mann@enron.com

Subject: FW: Ben Jacoby Letter

-----Original Message-----
From: Minter, Kimberly R (PS, SSEP)
Sent: Thursday, September 21, 2000 3:16 PM
To: Johnson, Lee L (PS, SSEP)
Subject: Ben Jacoby Letter

g            S&S Energy Products
_____________________________________

                                                           A GE Power
Systems Business
Kimberly Minter
Marketing Coordinator

2707 North Loop West, Houston, TX 77008
Phone: 713-803-0316
Fax: 713-869-8365

 - Ben Jacoby.pdf


This morning, Roman Blake with CALP told Robin Barbe that CALP never received
the payment for the wire transfer.  This is the first I've heard of this.

Mark, would you please verify that the payment went out.  I've copied Joanie
because she talks to CALP quite often and I just want her to know what is
going on.

Also, I have a copy of the March bill.  I will go through it today and give
Mark a copy.

Thanks.

Mark Feldman
03/28/2000 11:27 AM
To: Joan Veselack/Corp/Enron@ENRON
cc: Chris Germany/HOU/ECT@ECT
Subject: Re: CALP Wire Payment

I set up the wire and sent the Feb payment out today.
Call if you need anything.
Mark

Joan Veselack@ENRON
03/24/2000 03:32 PM
To: Mark Feldman/HOU/ECT@ECT
cc: pheuer@edisonmission.com, rbakke@edisonmission.com, Dick
Jenkins/HOU/ECT@ECT, Robin Barbe/HOU/ECT@ECT
Subject: CALP Wire Payment

Mark, the information for wiring is at the bottom of the invoice. Please call
Paulette Heuer at 703-227-7737, if you need any additional information.

Thanks.


The slides from Fred Kelly's presentation last month (on the power industry)
can be found at:
O:\Capital Risk Structuring\Kelly100.ppt
If you don't have access to our common folder, you can request it through
Security Resource on Lotus Notes.


What are your thoughts on Team Leadership?  Several of the managers in the
group were using them last year for coaching and I have received very
positive feedback.   I would like for them to be able to continue with the
counseling, but wanted to see what you thought.

Thanks!
Sheri


still have not received credit for funds wired 11/16.  Please advise.

World Sports Exchange <wsx@wsex.com> on 10/19/2000 06:15:50 AM
Please respond to wsx@wsx.wsex.com
To: jarnold@ect.enron.com
cc:
Subject: Re: (no subject)

Hi,

If you sent a bank wire on Monday then it should take about 2-3 days to
be credited to your account, but sometimes it takes one or two days
longer.  So, if you don't see it today, please give us a call at 888 304
2206 and ask for either Maria or Juliette in the accounts department and
they will assist you.

Thanks,

WSEX

jarnold@ect.enron.com wrote:

> Hello:
> I have not yet received credit for a $1500 wired on Monday for account
> "Lavorato"


Here is the electronic version of the PGE/Sierra answer to the TANC/SMUD
protest which was filed on Monday.   Unfortunately, everyone was not included
on the Skadden circulation list to review the drafts of the answer, so to
rectify this problem, I will forward all future PGE/Sierra merger related
emails to everyone on this email as I receive them.

We are trying to set up a conference call with the LeBoeuf attorneys (FERC
and SEC) for a timing update, and we will call around to check everyone's
availability within the next couple of days.

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

Sarah

---------------------- Forwarded by Sarah Novosel/Corp/Enron on 10/03/2000
06:01 PM ---------------------------

"Matthew Estes" <MESTES@skadden.com> on 10/03/2000 05:02:15 PM
To: mgray@brattle.com, pfoxp@brattle.com, phanser@brattle.com,
jhartso@enron.com, paul.kaufman@enron.com, snovose@enron.com,
jrutkows@llgm.com, sbehrend@llgm.com, frank_afranji@pgn.com,
jay_dudley@pgn.com, jim_eden@pgn.com, pamela_lesh@pgn.com, "Jerry Pfeffer"
<JPFEFFER@skadden.com>, "Clifford Naeve" <MNAEVE@skadden.com>, "William Mason
Emnett" <WEmnett@skadden.com>, ccowan@sppc.com, cwestadt@sppc.com,
gporter@sppc.com, soldham@sppc.com, awenner@velaw.com, bbruner@velaw.com,
sangle@velaw.com
cc:

Subject: Answer To TANC/SMUD

Attached is an electronic version of the Answer to TANC/SMUD that was filed
at FERC yesterday

------------------------------------------------------
This e-mail, and any attachments thereto, is intended only for use by the
addressee(s) named herein and may contain legally privileged and/or
confidential information.  If you are not the intended recipient of this
e-mail, you are hereby notified that any dissemination, distribution or
copying of this e-mail, and any attachments thereto, is strictly prohibited.
If you have received this e-mail in error, please immediately notify me at
(212) 735-3000 and permanently delete the original and any copy of any e-mail
and any printout thereof.

Further information about the firm, a list of the Partners and their
professional qualifications will be provided upon request.

 - 308545_2.wpd


A payment test file was sent to the bank in error and, as a result, a deposit
was posted on Monday, July 10, 2000.  This impacts only employees who utilize
direct deposits (ACH) and are paid semi-monthly.

To correct this situation, on Tuesday, July 11, 2000 a withdrawal of the
amount deposited will be processed.  Your bank may not post this transaction
until Wednesday, July 12, 2000.

If you have any questions, please call (713) 345-5555.  We apologize for any
inconvenience.


Becky at APS turned down a tag for me last night for HE 4MST that we have
been using for several weeks without a problem.  The tag number is 18594.
Tis was a sale from EPE to PNM at 4C.  She turned it down saying that EPE is
not a control area at 4C and that PNM should be in the CA for the first
line.  I argued with her about it for quite a while but she insisted that it
was wrong.  Could you please take a look at this and tell me if she is wrong.
Thank you.


---------------------- Forwarded by Susan M Scott/HOU/ECT on 03/27/2000 04:57
PM ---------------------------

	From:  Nicholas J Stephan                           03/27/2000 03:03 PM

To: Benjamin Freeman/Corp/Enron@ENRON, Matthew Adams/Corp/Enron@ENRON, Rudi
Zipter/HOU/ECT@ECT, Sunil Dalal/Corp/Enron@ENRON, Gary Stadler/HOU/ECT@ECT,
Susan M Scott/HOU/ECT@ECT
cc:
Subject: FW: WASSSAAAAAAAAAAAAAABI!

---------------------- Forwarded by Nicholas J Stephan/HOU/ECT on 03/27/2000
03:01 PM ---------------------------

"Haley, Andrew J." <AJH@sngp.com> on 03/27/2000 02:39:31 PM
To: "Rob Alleweart (E-mail)" <rob@gowarehouse.com>, "Brent Finch (E-mail)"
<finchb@hbblaw.com>, "Catherine A. Meier (E-mail)"
<Catherine_Meier@computrition.com>, "Nick Stephan (E-mail)"
<nstepha@ect.enron.com>
cc:  (bcc: Nicholas J Stephan/HOU/ECT)
Subject: FW: WASSSAAAAAAAAAAAAAABI!

-----Original Message-----
From: Solomon, Owen
Sent: Monday, March 27, 2000 12:32 PM
To: Greg Shanfeld (E-mail); Mark Stubington (E-mail); Haley, Andrew J.
Subject: FW: WASSSAAAAAAAAAAAAAABI!

And yet there is more . . . check out the link.

http://www.tekgen.com/wasssssssssup.mpg


fyi
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/19/2001 06:14
AM ---------------------------

Kay Mann
04/19/2001 06:12 AM
To: Ed B Hearn III/HOU/ECT@ECT
cc: Jake Thomas/HOU/ECT@ECT, Stephen Thome/HOU/ECT@ECT

Subject: Re: ENA Incumbency Certificate

Hi Ed,

Here's a certificate of incumbancy we need to Jake's Delta deal.  Can you
handle signature?  We can work with a fax today, but will need a fully
executed original for the bank.

Jake, we put a couple of Houston guys just in case something comes up.  We
have assumed that you will be executing the docs.  If there's any problem
with the list, please let me know.

We need this document to set up the escrow account today.

Thanks,

Kay

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/18/2001 03:41:06 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc:

Subject: ENA Incumbency Certificate

 <<303%02!.DOC>>

Kay:

We may want to go ahead and circulate the ENA Incumbency Certificate for the
escrow.  I was holding it until the Salmon Incumbency Certificate revisions
were completed by Paul Hastings so that the two documents could be
circulated simultaneously, but I'm not sure they will get that document to
us in time to do both together.  Thanks.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Enclosure: 140106v2

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

 - 303%02!.DOC


This works for me.

------------------------------------------------------------------------------
---------------------------
This message may contain confidential information that is protected by the
attorney-client and/or work product privileges.

Michelle Cash
Enron North America Corp.
1400 Smith Street
Houston, Texas  77002
(713) 853-6401
michelle.cash@enron.com


Credit Approval Requested:

Request Submitted to CAS for approval.

Shipper :		PG&E Energy Trading-Gas Corp
Contract # :		27819
Service Type :	New FT
MDQ:			20,000 Dth/d
Rate:			$ 0.205
Term:			February 1, 2002 thru October 31, 2002

Dennis P. Lee
ETS
Gas Logistics
(713) 853-1715
dennis.lee@enron.com


Start Date: 12/18/01; HourAhead hour: 5;  HourAhead schedule download failed. Manual intervention required.


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no

 -----Original Message-----
From: 	"Cash, Michelle" <Michelle.Cash@ENRON.com>@ENRON
Sent:	Monday, October 29, 2001 8:56 AM
To:	FMackin@aol.com@ENRON; mjoyce@enron.com; aaron_brown@enron.com
Subject:	RE: Amendment Issues

Was this adopted?

>  -----Original Message-----
> From: 	FMackin@aol.com@ENRON
> Sent:	Sunday, October 28, 2001 9:56 AM
> To:	mjoyce@enron.com; Cash, Michelle; aaron_brown@enron.com
> Subject:	Amendment Issues
>
> Document attached
>
>  - 1AMD93RS Oct2001b.DOC << File: 1AMD93RS Oct2001b.DOC >>


----- Forwarded by Jeff Dasovich/NA/Enron on 01/31/2001 04:25 PM -----

	Scott Govenar <sgovenar@govadv.com>
	01/31/2001 09:23 AM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, David Parquet <David.Parquet@enron.com>, Rick
Johnson <rick.johnson@enron.com>, Marcie Milner <mmilner@enron.com>, Sandra
McCubbin <Sandra.McCubbin@enron.com>, Tim Belden <Tim.Belden@enron.com>, Rick
Shapiro <rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan
Comnes <acomnes@enron.com>, Chris Calger <ccalger@enron.com>, Mary Hain
<mary.hain@enron.com>, Joe Hartsoe <Joe.Hartsoe@enron.com>, Donna Fulton
<Donna.Fulton@enron.com>, Steven Kean <Steven.J.Kean@enron.com>, Karen Denne
<kdenne@enron.com>, Beverly Aden <beverly.aden@enron.com>, Bill Votaw
<bill.votaw@enron.com>, Carol Moffett <carol.moffett@enron.com>, Debora
Whitehead <debora.whitehead@enron.com>, Dennis Benevides
<dennis.benevides@enron.com>, Don Black <don.black@enron.com>, Dorothy
Youngblood <dorothy.youngblood@enron.com>, "dblack@enron.com"
<dblack@enron.com>, "emelvin@enron.com" <emelvin@enron.com>,
"ehughes2@enron.com" <ehughes2@enron.com>, "gweiss@enron.com"
<gweiss@enron.com>, "gsavage@enron.com" <gsavage@enron.com>,
"Harry.Kingerski@enron.com" <Harry.Kingerski@enron.com>, "kgustafs@enron.com"
<kgustafs@enron.com>, "msmith1@enron.com" <msmith1@enron.com>,
"ryang@enron.com" <ryang@enron.com>, "sgahn@enron.com" <sgahn@enron.com>,
"vsharp@enron.com" <vsharp@enron.com>, "wcurry@enron.com" <wcurry@enron.com>,
"William.S.Bradford@enron.com" <William.S.Bradford@enron.com>
		 cc:
		 Subject: ABX 1

ABX 1 passed out of the Senate Appropriations Committee moments ago on a
vote of 7-2.  The bill received no Republican votes.  I have attached
the amended version of the bill for your review.  The bill will be taken
up on the Senate floor shortly, then will go back to the Assembly for
concurrence this afternoon.

http://info.sen.ca.gov/pub/bill/asm/ab_0001-0050/abx1_1_bill_20010130_amended_
sen.pdf


---------------------- Forwarded by John J Lavorato/Corp/Enron on 05/26/2000
09:16 AM ---------------------------

Richard Shapiro@EES
05/24/2000 01:30 PM
To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc:

Subject: Molson ad

Thought you would enjoy- hopefully you can open.
---------------------- Forwarded by Richard Shapiro/HOU/EES on 05/24/2000
01:29 PM ---------------------------

Rodney Reagor <rodney@reagor.com> on 05/24/2000 10:29:30 AM
To: rshapiro@enron.com
cc:
Subject: Molson ad

The ad is attached.

Rodney - molson-canadian-i-am.mov


Vasant,

Thanks. See you  on Saturday.

Vince

Vasant Shanbhogue <vshanbh@yahoo.com> on 11/29/2000 09:49:16 PM
To: massong@epenergy.com, vkamins@enron.com, sgibner@enron.com,
pkrishn@enron.com
cc:
Subject: Reminder for dinner on Saturday Dec 2nd

This is to remind all of you of the dinner plan (with
family) at my house on Saturday Dec 2nd.  We will
expect you at about 6:00 pm.

Address:  3410 S. Briarpark Ln, Sugar Land

Directions (from downtown) :

Take 59 South all the way past Sam Houston Beltway 8,
and past Highway 6.  Take the next exit --- First
Colony Blvd/Sweetwater Blvd.  Take a left at the
traffic light onto Sweetwater Blvd (over the highway).
 Go straight on Sweetwater Blvd past a few traffic
lights and a few stop signs.  After passing a golf
course on the right, you will get a subdivision
"Crescents on the Green" on the right, and a
subdivision "BriarWood" on the left.  Take a Left into
the Briarwood subdivision and an immediate right onto
S. Briarpark Ln. (There is only one street in the
subdivision).  Our house (3410)is right there --- 3rd
house from cul-de-sec.
Phone : 281 265 8959
Cell : 713 569 2438

Vasant

__________________________________________________
Do You Yahoo!?
Yahoo! Shopping - Thousands of Stores. Millions of Products.
http://shopping.yahoo.com/


I suspected that we would have no problems, but wanted to be sure we were all aware of the issue.

Thanks, and I will miss Enron as well.

Best Regards,

Jay

	  From:  Jeff Skilling @ ENRON                           05/09/2001 01:00 PM

Sent by:	Sherri Sera@ENRON
To:	Jay Fitzgerald/NY/ECT@ECT
cc:

Subject:	Re: My Resignation, and a Question

Jay,

I've always taken a pretty laid back approach to the noncompete when there is little overlap.  Having said that, however, I'd like to keep a "last veto" right - just give me a call when you've got something.

Good luck to you in the future, Jay.  You'll be missed at Enron.

Best regards,
Jeff

Jay Fitzgerald@ECT
05/09/2001 08:55 AM
To:	Jeff Skilling/Corp/Enron@ENRON
cc:

Subject:	My Resignation, and a Question

Jeff-

As you may know, I have (somewhat reluctantly) decided to resign from Enron.  For some time now, I have wanted to take some time off, and had asked Whalley about the possibility for a six month unpaid, unvested sabbatical.  Primarily for reasons of precedence, he was unwilling to pursue this option, which, while it is disappointing to me, I accept.

The purpose of this note is twofold.

First, I would like to thank you for making this company the great place it is today, and for giving me the opportunity to have a great career here.  I will forever look upon my nine plus years with Enron fondly.

Second, I would like to ask you as the administrator of the 1997 Long Term Incentive Plan to allow me to explore opportunities in the venture capital community without triggering non-compete provisions with regard to future payouts.  I very much enjoyed my brief role in venture capital, and have some very good contacts in that area here in New York.  Since NetWorks decided to cease operations in that business earlier in the year, I should not think that Enron would view anything I might do there as competitive, especially if I were not working directly in the energy space with an Enron competitor.

At present, I am planning to spend my time at least through the summer enjoying, and travelling with, my family.  I have nothing planned professionally as of yet, but wanted to take the opportunity to drop you this note while I might still be viewed positively (I hope that's not too presumptuous!).

Please let me know your thoughts on this non-compete provision as I would not wish for anything to be awkward for us going forward.

Again Jeff, thanks for many great memories, and as an Enron shareholder, keep up the great work!

Jay

<Embedded StdOleLink>


The 13th would work much better, preferably in the afternoon.  Please contact Lydia Cannon (713-853-4893) to get a specific time on my calendar.  Also, any specific Perfect company information beforehand would be helpful.

Thanks,
Brad

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Thursday, October 25, 2001 4:14 PM
To:	Richter, Brad
Subject:	RE: Meeting with Perfect

How do the 13th or 20th of November work?

 -----Original Message-----
From: 	Richter, Brad
Sent:	Thursday, October 25, 2001 1:03 PM
To:	Dasovich, Jeff
Subject:	RE: Meeting with Perfect

The 15th is Enron's Management Conference and the 22nd is Thanksgiving.  Any other dates?

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Monday, October 22, 2001 6:29 PM
To:	Richter, Brad
Subject:	Meeting with Perfect

Hi Brad:
I finally got in touch with the people from Perfect.  They'll be in Houston on the 15th and the 22nd of November.  Either of those days work for you?  If so, any time preference?

Best,
Jeff


Sure thing Dylan.

At 12:17 PM 11/16/00, Dylan Windham wrote:
>Hey gang,
>
>I guess that I am up this week.  As I remember the east bay group has 1
>and 2 and the SF group should take 3 and 4.  I will put it together on
>Sunday so send it to me by then.
>
>
>Dylan

Kimberly Kupiecki
Director
A&R Partners
kkupiecki@arpartners.com
(650) 762 2800 main
(650) 762 2825 direct
fax (650) 762 2801


Critical Migration Information:

1. Your scheduled Outlook Migration Date is THE EVENING OF : May 2nd
2. You need to press the "Save My Data" button (only once) to send us your
pre-migration information.
3. You must be connected to the network before you press the button.
4. If a POP-UP BOX appears, prompting you to "ABORT, CANCEL OR TRUST SIGNER"
please  select TRUST SIGNER.
5. Any information you Add to your Personal Address Book, Journal or calendar
after you click on the button will need to be manually re-added into Outlook
after you have been migrated.
6. Clicking this button does not complete your migration to Outlook. Your
migration will be completed  the evening of your migration date.

    Failure to click on the button means you WILL NOT get your Calendar,
Contacts, Journal and ToDo information imported into Outlook the day of your
migration and could result in up to a 2 week delay to restore this
information.

If you encounter any errors please contact the resolution center @
713-853-1411


Paul is out sick today - I'll see what I can find out tomorrow.
---------------------- Forwarded by Mark Taylor/HOU/ECT on 02/15/2000 10:09
AM ---------------------------

Justin Boyd
02/15/2000 02:20 AM
To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Re: Weather-risk.com

never heard of it!

justin

	From:  Mark Taylor                           14/02/2000 23:14

To: Justin Boyd/LON/ECT@ECT, Paul Simons/LON/ECT@ECT
cc:

Subject: Weather-risk.com

Are either of you guys aware of this web-site?  It looks like our weather
people have put this out on the web ahead of us.  I think we need to talk to
them about what they are allowed to post and what sorts of disclaimers should
be there as well.  I just wanted to check with you before I call the weather
desk here

Mark


Due to the larger than normal volume of activity, the report is being
distributed earlier this month.  The goal here is to give everyone more time
to move deals and contracts on those records scheduled for inactivation on
03/01/01.    You have received notification on the name changes as they have
occurred.

Please find attached the Name Change/Merger Notification Report for February
15.  To launch the report, double click on the attachment and select Enable
Macros and Read Only.
Please note that:
 ERMS short names will be changed in GCP and ERMS each Friday at 10am Central
Time, and
 Inactivations will be made on Mar 1

We have made a few changes to our Name Change/Merger Notification Report - it
now has a new look and a couple of features we hope will assist you.  For
more information, please click below:

Each month now has two sheets, a summary sheet (eg Jan 01 Changes) and a
detailed sheet (eg Jan 01).
Click below for more information:

The summary sheet can be used to view all changes after a certain date.  If
you're aware of all changes up to, say, January 15th enter 01/16/2001 in cell
C6 of the Summary Sheet and click the Sort button in cell H6.  All changes
made to the report on or after January 16th will be listed automatically.
The Summary sheet may also be sorted for certain criteria - use the drop down
arrows alongside the column headers to make your selection.

This sheet contains all the information you are used to seeing, but slightly
reformatted.  Key points are:
In the case of an Inactivation, the cause of the Inactivation (eg Merger) is
listed in the Comments section
As with the previous format,
all months' reports will be sent cumulatively throughout the year
the report will be sent out twice each month, on the 15th and at the end of
the month.

It is our aim to publish the report in Livelink and to send out only the
summary sheet and a URL for the detailed report each month.  This will save a
lot of space in Lotus Notes and we hope it will streamline your monitoring
process.

We'd be very happy to receive any comments you may have.

As always, please contact me at x33103 with any questions or concerns.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/31/2000
07:53 AM ---------------------------

VKaminski@aol.com on 01/30/2000 03:46:44 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: (no subject)

 - ED_c07_fwd_curve_models.doc


SENT ON BEHALF OF BRITT DAVIS:

This is to invite you to the annual Litigation Unit In-house Ethics CLE
Seminar, which we have scheduled for Thursday, November 9, 2000, at the
Doubletree at Allen Center.  As in the past, we are proud to present as our
speaker Prof. John Dzienkowski of the University of Texas School of Law.  An
open bar will be available from 4:30-5:00 p.m.; the presentation will take
place from 5:00-6:00 p.m; and there will be a post-presentation open bar
(with plenty of boiled shrimp and other finger food) available from 6:00-7:00
p.m.  We anticipate obtaining one hour ethic's credit from the Texas Bar for
this presentation.  We will be videotaping it for the use of those whose
schedules do not permit them to attent.  As always, this is at no cost to you.

If you plan to attend, please RSVP to Deborah Shahmoradi by e-mail as soon as
you can.

We look forward to seeing you there!

Britt K. Davis
Enron Litigation Unit


Hi Mark,

Please forward this information to the time-keeper in order that her time off
will be coded  correctly. An alternative would be for Carol to complete her
timesheets before she leaves.  With SAP this can be done in advance.

Let me know if you have any questions.

Thanks

From: Mark Taylor@ECT on 07/06/2000 07:33 PM
To: Michele Word/Corp/Enron@ENRON
cc: Carol St Clair/HOU/ECT@ECT

Subject: Carol St. Clair

Michele:

Just to let you know that I have approved the following for Carol:

1. In addition to the 6 weeks that Enron allows for leave, Carol will add to
that period by using any remaining vacation time that she has for 2000 (I
believe an additional 10-12 days).

2. After that time is used up, Carol will be on an unpaid leave of absence
until December 31, 2000.

Please let me know if there is anything else you need.

Mark


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/22/2000
05:28 PM ---------------------------

From:  Stephanie McGinnis
        12/20/2000 11:16 AM

To: Vince J Kaminski/HOU/ECT@ECT
cc: William S Bradford/HOU/ECT@ECT, Sharon E Sullo/HOU/ECT@ECT
Subject: Credit Risk Update

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

Stephanie
3-9283


----- Forwarded by Susan J Mara/NA/Enron on 02/01/2001 09:50 AM -----

	JMB <JBennett@GMSSR.com>
	01/31/2001 05:33 PM

		 To: "'James.D.Steffes@enron.com'" <James.D.Steffes@enron.com>,
"'Jeff.Dasovich@enron.com'" <Jeff.Dasovich@enron.com>,
"'Travis.McCullough@enron.com'" <Travis.McCullough@enron.com>,
"'smara@enron.com'" <smara@enron.com>, "Robert Williams (E-mail)"
<Robert.C.Williams@enron.com>, "Mike Smith (E-mail)" <msmith1@enron.com>
		 cc: MBD <MDay@GMSSR.com>
		 Subject: Commission Order on Securitization of Accounts Receivable

At the Commission meeting this afternoon, the Commission voted out an order
allowing PG&E to pledge its gas customer accounts receivables for the
purpose of obtaining gas supplies for its core customers.  The Commission
did not allow PG&E to pledge its electric customer accounts receivable for
the same purpose.  The Commission did, however, provide for PG&E to pledge
it core gas inventory for the purpose of procuring core gas supplies.  PG&E
may only pledge its inventory if  the value of its gas accounts receivable
is less than the amount it owes gas suppliers at the time of any particular
gas purchase. PG&E's authority to pledge its accounts receivable and
inventory is effective for 90 days or earlier if its credit rating improves.

This decision should be posted on the Commission's web site tomorrow, but if
any one would like a copy earlier, let me know, and I will fax it to you.

Jeanne Bennett


Yolanda

I will be attending the ski outing - I am not sure about my arrival and
departure dates, but I did put tentative dates. Once I make my bookings I
will update you on my final dates. I might stay an extra day, and will pick
that up. Thanks

Harry


We are in the process of preparing applications for position limit exemptions
for ENA,s NYMEX energy commodities futures trading.  These applications
require that ENA represent whether its officers, employees, owners, or agents
have a power of attorney, control or have a financial interest in any other
related commodity future(s) account either individually or acting with
another person pursuant to express or implied agreement.

Please direct any responses to my paralegal, Tana Jones, via intercompany
email or call her at (713) 853-3399 by the end of business Friday, June 30,
2000 if you have any power of attorney, control or have a financial interest
in any commodity futures account (other than an ENA or other trading
affiliate account).

IF YOU DO NOT HAVE A COMMODITY FUTURES ACCOUNT, YOU DO NOT NEED TO RESPOND TO
THIS REQUEST.


ISO Market Participants,

(This is an important notice - it may have been sent yesterday, but is being
sent or resent today to insure you receive it)

> On Thursday, March 22, 2001, the ISO was scheduled to settle the December
> 2000 final (true-up) invoices.
>
> Payments due and received are summarized below:
>
>  Market Obligations
>     Invoiced Amounts:
> $72,817,565.78
>     Paid to the ISO on 3/22/01:
> $4,668,657.91
>
>    ISO Accounts Payable 3/22/01
> $81,612,266.92*
>    Available for Distribution and Distributed 3/23/01
> $4,668,657.91
>
>  Note:
>  * Without consideration of previous defaults, the  ISO was scheduled
> to distribute $81,612,266.62.  The difference between this amount and the
> $72,817,565.78 which should have been received is a timing difference
> which would have been funded from an over-collection from the December
> preliminary invoice (absent the market defaults related to the preliminary
> statement.)
>
> The ISO issued instructions today to its bank to distribute $4,668,657.91.
> The amount available for distribution was distributed equitably, taking
> into consideration total December charges (including preliminary and final
> invoiced amounts), amounts previously distributed, and amounts owed to the
> ISO.  The ISO is currently preparing for distribution to ISO creditors a
> current certification of amounts owed for December 2000.
>
>
>
> Phil Leiber
> Dir. Financial Planning & Treasurer
> California ISO
> 916 351-2168
> 916-351-2259 (fax)
>
>


Good morning.

In order to finish up Delta/Salmon tomorrow, please note we need the
following today:

GE parent guaranty
LOC (so that full payment can be made to GE tomorrow)
Opinion of counsel

And once funds are received by GE, we need the receipt of funds letter.

Lee, I haven't heard back from the Portland gang to find out if the LV Co Gen
contract is ready.  Maybe Jake can help shake that loose.

Thanks,

Kay


I can't believe you aren't going to be here for New Year's Eve!!!


Dan/Dave,

We are working to gather as much information as possible on our exposure to relocated former and current domestic and international employees impacted by Enron's bankruptcy filing.  Lloyd has outlined our position on the urgent issues below. Please keep in mind that regardless of our obligation, the courts have only approved $15K per employee for all expenses less the $4500 payment if applicable.

We will continue to work on getting a comprehensive listing over the next couple of days.

Daniel

 -----Original Message-----
From: 	Whiteurst, Lloyd
Sent:	Wednesday, December 12, 2001 11:13 AM
To:	Brown, Daniel; Callahan, Timothy
Cc:	Pieper, Kalen; Taylor, Diane
Subject:	RE: EES Employee Issues

Daniel,

Per our conversation earlier, I am responding to some of your more urgent employee situations:

Faye Worthy -

Faye was one of the individuals who received a letter from All Relo-Services, Inc/Road Runner Moving & Storage regarding non payment of her moving bill.  A number of suppliers hand delivered invoices to Enron on Friday, November 30th.  When information was released on Sunday regarding Enron's filing for bankruptcy, many of the suppliers got extremely nervous. Faye Worthy's moving bill was for $9,293.69.  On Friday, December 7th., the moving company sent out demand letters to about 33 current and former Enron employees demanding immediate payment since Enron had not yet paid the moving bills.  We were advised that no payments could be made at this time.

Outstanding issues for Faye Worthy:

Unpaid household goods bill -	$9,293.69
Unpaid Temporary Living 	$8,400.00  ($4,500 per month - November & December unpaid)

It is my understanding that Faye Worthy was going to make the temporary living payments and Judy Gray was going to reimburse her.  The household goods bill remains unpaid.  We are awaiting instructions on how and when the outstanding invoices can be paid.

Stephen Borden

Outstanding issues:

Household goods were not delivered on 12/03/01 as scheduled.  The moving company (Xonex) decided not to release his shipment due to Enron's bankruptcy filing.  The amount of the household goods bill is $12,057.38.

New Home Closing Costs - Mr. Borden was scheduled to be reimbursed for his new home closing costs of $22,600.  Mr. Borden purchased his new home and closed on 11/30/01. He paid all of the closing costs.  When the relocation department received his reimbursement documentation, it was to late to process due to the bankruptcy filing.

Per George Wasaff and Judy Gray, they were scheduled to pay Mr. Borden $15,000 maximum including $4,500 severance for all relocation and business expenses.  Mr. Borden has $10,000 in business travel expenses that has not been reimbursed.

Recap:

Household Goods - not paid		$12,057.38
New Home Closing Costs 		$22,600.00 (Paid by Borden and not yet reimbursed)
Business Travel Expenses - 		$10,000 (Paid by Borden and not yet reimbursed)
Final Move Expenses - not paid		$235.00

Stuart Rexrode -

Outstanding issues:

Mr. Rexrode has been contacted by Prudential household goods moving company.  At this point, his shipment has not yet taken place.

Kevin Greiner -

Air shipment has been received.  His ocean shipment is currently in storage with Transportation Worldwide, Inc., (Houston, TX) pending receipt of payment.

Steven Peterson -

Since December 06, 01, shipment has been  held in storage by Transportation Worldwide, Inc. (Houston, TX).

 -----Original Message-----
From: 	Brown, Daniel
Sent:	Wednesday, December 12, 2001 8:24 AM
To:	Callahan, Timothy; Whiteurst, Lloyd
Cc:	Pieper, Kalen
Subject:	FW: EES Employee Issues

Tim/Lloyd,

As you can see from the emails below, EES leadership is extremely concerned about our exposure to both domestic and international relocations. I need to obtain the information on our folks by 11:00 a.m. today so that I can prepare and deliver a document to them.

Please let me know if this will be a problem.

Thanks,
Daniel

 -----Original Message-----
From: 	Leff, Dan
Sent:	Tuesday, December 11, 2001 3:25 PM
To:	Delainey, David W.; Pieper, Kalen; Brown, Daniel
Cc:	Blachman, Jeremy; Gahn, Scott
Subject:	RE: EES Employee Issues

Dan Brown will have a complete list of EES employees, by exposure, with $'s and explanation of situation by 12noon on 12/12/01.  Until then, he and Kalen are managing each case 1 x 1.

Once we have the info in hand, we can meet to discuss the next best steps.

Dan

 -----Original Message-----
From: 	Delainey, David W.
Sent:	Tuesday, December 11, 2001 3:08 PM
To:	Pieper, Kalen; Brown, Daniel
Cc:	Leff, Dan; Blachman, Jeremy; Gahn, Scott
Subject:	EES Employee Issues

Guys, can you please provide an update/status and plan to manage the following EES employee issues:

	a) Steve Borden - moving issues on sale of house and furniture;
	b) Faye Worthy - moving issues on furniture and apartment;
	c) Stuart Rexrode - moving issues on furniture, etc;
	d) Kevin Greiner - moving issues, etc;
	e) Steven Peterson - moving issues, etc;

Great job on Maureen.  Kalen are you aware of any other EES employee issues (such as what we spoke about on Friday) where I can help.  I believe Dan is looking at this as well.

Do we think it might be a good idea to have a meeting to discuss globally?

Regards
Delainey


How is 1:30 today in Stacy's office for the conference call with Hesco?  I 've left a message with them and asked them if this time was ok.  Will let you know if they are good with it once I hear from them.

Thanks,

Kim


Jim -- Is this what you want for your executive update?

CURRENT FERC INITIATIVES:

RTO Meetings and Comments to NOPR:   The RTO meetings will be held in Washington from October 15-19, and Steve Walton from Enron will make a presentation on transmission planning and expansion.  Comments will be submitted to FERC in mid-November regarding the appropriate market design for RTOs.  In addition, the Commission stated that RTOs would not be required to begin on the Order No. 2000 start date of December 15, 2001; however, all public utilities are now required to commit by December 15, 2001 to join a FERC-approved RTO or lose their market based rate authority.

Standards of Conduct NOPR:  Several issues are raised in this proceeding, including a proposal to apply the standards of conduct to a utility's marketing affiliate buying and selling power to serve native load.  This is a significant action for FERC and we will strongly encourage the Commission to adopt this bold proposal.  Comments are due late November.

ICAP Inquiry:  Chairman Wood has indicated that he is not very familiar with capacity and reserve requirements, whether they are needed, and what impact such requirements have on the market.  Enron has been a strong opponent of ICAP for many years, and we plan to show FERC that ICAP requirements are not needed.  We will submit expert testimony on this issue.  Comments are due October 17.
California Audit and West wide Price Cap Mitigation:  Commissioner Brownell is leading a FERC audit of the California ISO.  Although we do not have details of what the audit is intended to cover or how expansive it will be, we need to carefully monitor this proceeding and have input into the audit process where possible.  Furthermore, a request for rehearing is pending before the Commission regarding the current price cap mitigation measures.  The Commission implemented these caps in an effort to limit price spikes in California.  California's summer peaking season is over, but the Pacific Northwest's winter peaking season will be starting soon, and the mitigation measures currently in effect could discourage power sellers from selling power to the Northwest, where it will be needed this winter.
Transmission Constraint and Energy Infrastructure Issues:  FERC staff is studying two significant transmission constraints - California's Path 15 and the Central East Interface in New York  -- and plans to have the study completed later this year.  The Commission plans to forward the study to DOE.  The Commission stated that this is a high priority for it.  In a relating proceeding, the Commission has stated that it will hold four open meetings in different regions of the country to identify energy infrastructure issues.
Revised Public Utility Filing Requirements:  The Commission has issued a NOPR proposing to require market participants to provide more information than is currently required, including at least seven additional data points per transaction.  This will have a significant administrative burden on Enron and will require the disclosure of commercially sensitive information.  Enron filed comments on October 5.
California Refund Proceeding:  The Commission has ordered power sellers to pay refunds for sales made to the California ISO from October 2, 2000 through June 20, 2001, and has established a hearing proceeding to resolve issues of material fact.  Hearing will be held in mid-December.
Pacific Northwest Refund Proceeding:  The Judge in this proceeding issued an initial decision recently finding that refunds are not warranted in the Pacific Northwest.  We expect a Commission order shortly.
Midwest/Alliance RTO Proceeding:  Various filings are pending before the Commission regarding establishment of two RTOs in the Midwest - the Alliance RTO and the Midwest RTO.  Enron is advocating, consistent with the Commission's recent pronouncements, one single RTO in the Midwest.  The Commission is expected to act on these filings by the end of October.
Northeast RTO Proceeding:  Mediation to create a single Northeast RTO has concluded and the Judge's report is pending before the Commission.  Enron filed comments advocating a NE RTO based on the PJM congestion management system with a proposed start date of December 15, 2002 (PJM has proposed an implementation date of November 2003).  Commission action is expected on or before October 31.
Southeast RTO Proceeding:  Mediation to create a single Southeast RTO has concluded and the Judge's report is pending before the Commission (advocating an independent transco structure for the RTO and an LMP/financial transmission rights congestion model).  Enron filed comments in support (and advocating a December 2002 start date).  Commission action is expected on or before October 31.
West -wide RTO Proceedings:  The Commission stated that it wants the proposed Desert Star RTO and RTO West to "marry up" into one RTO.  It appears that the Commission will treat California separately.  The Desert Star RTO has collapsed and the transmission owners are now proposing a "transco" structure.  Commission action is expected later this year.
Interconnection proceeding:     The Commission is expected to address interconnection issues (with standardized procedures and agreements likely) at its meeting on October 11.  Enron has strongly advocated standardized procedures and will participate in the proceeding.
Market Based Rate Authorization:  The Commission is expected to address procedures for qualifying to sell power at market based rates, which may include an assessment of localized generation in a particular region ("supply margin assessment").   The Commission is also considering adding tariff language that could make market based rates subject to refund upon date of a complaint or finding by FERC of market abuse.


I'm intrigued...what prompted the cooking class?  If you do end up in Austin tomorrow night, we'll have to try to get together.

Sue

 -----Original Message-----
From: 	"corey leahy" <celeahy@hotmail.com>@ENRON [mailto:IMCEANOTES-+22corey+20leahy+22+20+3Cceleahy+40hotmail+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, July 05, 2001 10:07 AM
To:	Scott, Susan M.
Subject:	Re: This weekend

I have firm plans-- a cooking class at Sur la Table-- on Saturday night, but I was thinking about going to Austin tomorrow.  I would have to come back on Saturday, though.  Darn... I have never seen Pat Green, and I really want to!!  Another time- definitely.
-Corey
>From: "Scott, Susan M."
>To: "Corey Leahy (E-mail)"
>Subject: This weekend
>Date: Thu, 5 Jul 2001 09:49:18 -0500
>
>Hope you had fun yesterday...I was actually writing to see if you had
>any interest in going to Austin this weekend. Emily, Katy, myself and
>possibly Lisa are talking about making a trip up there tomorrow. We
>would be going out with some guy friends of ours so if Doug wanted to
>come he wouldn't be completely outnumbered. Also, one of Katy's friends
>manages Pat Green and he's playing at Gruene Hall so we were thinking
>about trying to go see him on Saturday. Drop me a line and let me know
>if you have any interest.
>
>Sue

Get your FREE download of MSN Explorer at http://explorer.msn.com << File: http://explorer.msn.com >>


Tushar,

Please see the attached doc. Call me to discuss 5-5855.

Thanks,

Paul


Jake -

I looked at the attached.  Here are a couple of points to be aware of (that
would be revised under other circumstances):

1.  Paragraph 5 - Method of payment is at the discretion of UpShot.  This
means payment could be required by any means listed or modified at UpShot's
discretion.  Dependent upon the means required, it may be in conflict with
our payables system.

2.  Paragraph 6 - Enron is totally responsible for security surrounding
passwords and id's.  Generally this is fine, but we try to carve out
liability for any use of our passwords by the ASP and its employees.  This is
generally in relation to the trading environment, but could be applicable
here.

3.  Paragraph 7 - Agreement (and thus payment) is automatically renewed on a
monthly basis regardless of usage.  Enron is required to give 30 notice prior
to the renewal in order to terminate.  This means if we wanted to terminate
as of May 31, we would have to give notice on May 1.  Generally, we want to
dispense with automatic renewal provisions because of administrative concerns
and modify renewal provisions to be based upon agreement of the parties.  In
the electronic environment, it is almost beneficial to sign new agreements
each month.  This would ensure we see any changes to the agreement.  Also,
note there is a bit of an inconsistency in this paragraph as there are also
provisions that discuss reduction in "Services" being applicable upon 10 days
written notice.  The 30 days above also relates to reduction of service
levels.

4.  Paragraph 8 - The disclaimer includes a disclaimer of any warranty of
noninfringement.  This is generally deleted as the ASP is in a much better
position to know of any infringement of its product than a user and should be
the party responsible for any infringement.  A change in this area also
generally brings about an addition to the liability provisions for indemnity
of Enron by the ASP for infringement claims.

5.  Paragraph 12 - This provision contains a requirement that any action in
relation to the site must be brought within 1 year after the cause of action
arose or it is barred.  This type of provision is generally revised to
reflect that actions are to be brought within statutory periods since
statutory periods provide a longer time to bring claims.

Other than the above, the agreement is fine.  If this is truly a take-it or
leave-it deal, moving forward is a business decision your group needs to make
as none of the above are critical to the agreement.

Mark
Senior Counsel, EWS
Phone:     713-345-8897
Facsimile: 713-646-3490
E-Mail:      Mark.Greenberg@enron.com

	Jake Staffel/ENRON@enronXgate
	04/30/2001 01:09 PM

		 To: Mark Greenberg/NA/Enron@ENRON
		 cc: Mike Haney/ENRON@enronXgate
		 Subject: Contract review for Sales force automation software

Mark,

I don't know if you are the person I need to be talking to on this issue but
I thought I would start with you and you could direct me as to where I need
to go.

Attached is the standard agreement with an ASP (Upshot.com) which is a sales
force management (mostly contact management) software.  This is a take or
leave proposition.  Who in legal do I have review the contract for acceptance.

Any help you can give me on this would be greatly appreciated.Please let me
know who I need to talk to

Thanks

Jake


PennFuture's E-cubed is a commentary biweekly email publication concerning the current themes and trends in the energy market.
---------------------------------
September 26, 2001
Vol. 3, No. 18

Straight to the Source

Last year when PECO Energy and Unicom merged to form Exelon it was big news. Importantly, the merger settlement provided $32 million to fund the development of renewable energy in Pennsylvania.

This year, the company's wholesale trading and marketing unit, Power Team, presented renewable energy advocates with a big surprise - signing long-term contracts to purchase the output of three new wind farms in Pennsylvania. These contracts were not required as part of the merger settlement, and are not included in the $32 million earmarked for renewable energy funding.

Now a key force in renewable energy development in the East, the Power Team contracts are essential to bringing 78 MW of generation online from these new wind farms, two of which will be operational next month. The 15 MW Mill Run wind farm is scheduled to being operation next week, and the 9 MW Somerset wind farm is scheduled to begin commercial operation the following week.

Mike Freeman, the Power Team trader who made the burgeoning wind energy business in Pennsylvania possible, gave us some insight into Exelon's renewable energy commitment as well as how wind energy can be integrated into America's power grids.
---------------------------------
What's in Power Team's renewable portfolio?
We have 525 MW of hydro that is not pumped storage, 150 MW of wind, 100 MW of landfill methane, 35 MW of Municipal Solid Waste, 20 MW of wood waste, and 16 MW of scrap tires.

All of the wind is Green-e certifiable as "new" resources. All of the landfill methane is qualified under Green-e, but only 10 MW is new generation. Of the hydro, all of the generation is in larger projects that have been or are eligible for certification under the low-impact hydro standards. The MSW and tire projects are not qualified under Green-e, but the biomass plant is.

Why is Power Team developing a renewable portfolio?
There were two principal reasons: a perceived demand for renewable energy products in the wholesale marketplace, and a desire to diversify our portfolio from the perspectives of fuel, emissions, and cost.

Was there internal resistance or other issues to overcome?
I think the initial reaction was that renewable projects would be a very minor sidelight to our overall business. I don't think many people paid attention to the implications of renewable portfolio standards or external corporate mandates for renewable purchases. Part of the hands-off approach was due to, I believe, a sense that renewable products only meant the re-packaging of existing generation, not changing the power system in any way.

Over time I think many people got comfortable with the idea that the creation of products potentially could initiate new projects that would change the power system. For me that's the most important part of our participation - to help encourage new development. I also think that management began to get comfortable with the idea that renewable energy products could be profitable, and that demand for these products could be sustaining.

Will this encourage new development?
Generators get a creditworthy counter-party that is not only willing to buy all of the energy at the generator location, but is also willing to talk about additional new projects. Over time, other market intermediaries such as power marketers and retail suppliers may become interested in doing the same. If this chain of events occurs, I think we may even see renewable credits traded over the counter, just like other energy products now.

How do renewables fit into Power Team's overall business strategy?
We are a growth company and are constantly in search of ways to sensibly increase our overall generating portfolio. So bringing on new renewable generation into our supply mix really is part of that overall strategy. More specifically, we believe there is sustainable demand for renewable energy, not only because of mandates such as renewable portfolio standards, but also because of natural demand. The average person may not think of it this way, but in supporting the idea of paying a premium for renewable energy I think that people implicitly are accepting the notion that renewable energy is an essential component of how we as a country intend to manage our future energy requirements.

Why Wind?
There's no question that the momentum for wind projects began to build as a result of the PECO restructuring and merger settlements, under which PECO provided funds for new wind projects. A second reason is that the forward electric markets began a steep upward climb beginning in 1998, and especially the off-peak power market beginning in 2000 and continuing into this year. A third reason was the rapid increase in electric demand in the last five years, and a realization that we need to develop a wide-ranging set of answers to meeting the demand, including supply-side and demand-side solutions. We felt that wind generation could play a role on the supply side while meeting what seems to be a growing demand for renewable sources.

What are the primary financial considerations for a wind deal?
The first is probably the need for a long-term contract. Wind generators typically want to enter into fixed-price, long-term agreements to make it easier and cheaper to borrow money and to provide a stable revenue source over a long period. We don't have a problem with long-term deals per se, although we do want to emphasize diversity in our contracting as well. We don't want to hold multiple long-term agreements and nothing else.

In my discussions with generators so far, there has been some flexibility on contract length. In fact, our willingness to enter into a long-term contract is perhaps the key ingredient to getting a wind project financed and built. Beyond the long-term contract, the wind developers want to do business with a creditworthy company that has an investment-grade rating. Exelon Generation is rated A- by S&P so we are a natural counter-party for project financing. Right now, there are not very many long term buyers out there with the kind of credit-worthiness that we have.

Will that always will be the case?
No. If we're right about long-lasting demand, I think other large companies, including distribution companies, will participate in the purchase of energy from these projects. We've teamed up with a retail marketer, Community Energy, to stimulate demand and market wind energy in ways that will move companies to buy it. In the development of conventional generation, it is not always necessary to enter into 20-year agreements for a project to get built. For example, a developer may want to hedge off a portion of the output on a long-term basis but will be willing to sell the rest of the output for shorter periods. And in some cases, the financing source may be comfortable with a shorter-term agreement for the whole thing.

Is there a financial advantage for wind?
If one's view is that the future value of energy is higher than the present value, a generation source with no fuel risk obviously is good to have. Wind has one key advantage over other resources - perpetual availability without any fuel costs or price volatility. This helps mitigate the other risks that wind does present.

It is of course difficult to predict what will happen even in the near term. But I am a believer in broad trends or cycles that are relatively easier to project, outside of significant advances in technology. Over a long period of time, 15 or 20 years, I think the probability of fixed-price wind energy riding out the low cycles while providing a greater amount of benefits in the high cycles is higher than the opposite.

I do believe that the demand for wind generation will be sustained at a moderate premium over generic electricity prices for the next 15 to 20 years.

Is it difficult to integrate wind into your portfolio?
With conventional generation and firm transmission paths, a power marketing entity such as Power Team can bring its resources to the highest markets, whether they are hourly, daily, monthly, or longer. Such transactions are supported by a complex communications network that notifies transmission providers of the timing, amount and ultimate sink of expected output.

The contracts that we enter into on conventional generators depend to a great extent on economic structures that ensure as much as possible that the generator will fulfill our dispatch schedule as close to 100% of the time as possible, so we can avoid the punitive imbalance fees that transmission providers impose when delivered energy doesn't match scheduled energy. The approach we take on wind generation must be quite different, because wind plants provide intermittent output that is difficult to predict within reasonable boundaries of accuracy.

I think the serious wind developers know we are serious about incorporating wind energy into our portfolio. We're one of the biggest physical movers of power in the country and have a significant amount of assets - that must count for something in terms of our ability to more easily integrate a 50 MW wind project into our overall mix.

How does intermittent generation add complexity?
A wind farm generates electricity when the wind blows, not when you flip the switch on. It takes a lot more than I expected to accommodate intermittency, even for an experienced organization like ours, because the transmission system and the operational rules and procedures were not developed with wind generation in mind. You don't have the ability to give transmission providers real-time information for purposes of regulating the system between supply and demand.

In PJM, where generators can offer increments of generation on a day-ahead or real-time basis, and receive (or pay) market-clearing prices depending on actual generation, wind energy can be offered into the system in one of several different ways without experiencing significant imbalance penalties. An obstacle, and we're working with PJM on this right now, is that PJM as the transmission provider typically requires no shorter than 20-minute notice when self-scheduled or must-run generators expect to produce electricity or expect to stop producing electricity. For purposes of regulating the system, PJM then has the ability to tell the self-scheduled generator to go ahead and generate, or to hold off until the energy is needed as a result of the real-time balance of supply and demand.

This will not be practical with wind generation. We'd literally have to assign a trader to the task of monitoring highly suspect expected output from our wind plants and then calling PJM every hour to determine what to do. In the must-run scenario, we'd still have to notify PJM of expected output so PJM can regulate the system with other generators. Either way, we'd have to predict output, which is a dicey
proposition.

Does that make wind generation unreliable?
Not at all. We've got excellent modeling to predict the output from wind generation over a longer period of time, such as a full year. Those predictions underlie our contracts. But it's another thing to tell the wind when to blow. The wind energy industry is working on this from the perspective of improved wind forecasting and a more automated approach than what I've described. In PJM, a 54,000 MW system, this may not seem to be a problem when there is only about 25 MW of wind generation in the system right now, but PJM wants to institute market rules that will be appropriate for a larger amount of wind generation when it arrives. A certain magnitude of wind generation will cause PJM to change the way it now regulates the system.

The complexity cannot be underestimated and we will be part of the solution.

How can scheduling and other rules  better accommodate intermittent resources like wind?
An alternative is for the transmission provider to model the output from a wind plant as "negative" load instead of generation. Which is to say, when the plant is generating electricity, the system load will be reduced by the amount the plant is generating. When the plant is not generating, the load will increase. A tradeoff of that approach is that load typically pays ancillary services expenses such as regulation and spinning reserve. In this unique circumstance, which of the ancillary services apply to negative load, and at what level? We're working with PJM on these questions.

I'm uncertain whether a significant amount of so-called negative load will require any kind of real-time notice to the transmission provider. Of course the transmission systems are operated to react to the unpredictability of load, and one can view the unpredictability of wind generation in the same way. Other countries, and the western U.S. transmission systems, have figured out how to handle large amounts of wind generation, and so can we.

Are you working on other approaches?
Another possibility is to dynamically schedule the output from a wind plant that is situated in a control area without a real-time energy market, to a control area that does have such a market. The output signal from the plant would be available to the transmission provider in the second control area on an automated basis.  The output then becomes part of available supply from moment to moment. However, notice requirements would not be sidestepped with this approach.

Will PJM resolve these problems?
Yes. PJM is progressive and innovative, and has indicated to us that they are willing to work with us to find solutions to the scheduling/imbalance issue. It's hard now because we're breaking new ground. I expect that it will be much easier for the next projects developed.

How big might your renewable portfolio get? Will you keep signing more contracts for new projects?
As long as we continue to see demand for renewable energy, we'll continue to look at projects where there are energy markets whose long-term forward economics support the purchase of energy. I'd like to aggregate a significant amount of wind generation in a single market, such as PJM, to be able to provide PJM with a more diversified supply curve - with multiple projects it may be possible to smooth the output.

We need to do business with companies that have the financing and the organizational will to get these projects completed. We are looking to form relationships with companies that we can build on. If we execute a contract successfully, we'd like to apply the same concepts to additional projects with the same company. Examples of that are Atlantic Renewable Energy Corp. and National Wind Power.

What are some key developments to make the industry grow faster?
We need technological efficiencies to drive down the cost of the equipment, standardized approaches to the transmission of wind generation, financial innovations to allow more risk-sharing, and hybrid approaches such as wind and energy storage.

Perhaps most importantly, we need consumers to buy the wind energy!

---------------------------------
E-cubed is available for reprint in newspapers and other publications. Authors are available for print or broadcast.

PennFuture (www.pennfuture.org), with offices in Harrisburg, Philadelphia and Pittsburgh, is a statewide public interest membership organization, which advances policies to protect and improve the state's environment and economy. PennFuture's activities include litigating cases before regulatory bodies and in local, state and federal courts, advocating and advancing legislative action on a state and federal level, public education and assisting citizens in public advocacy.

To unsubscribe, simply reply to this email with "unsubscribe" in the subject.


> A frog goes into a bank and approaches the teller. He can see from her
> >nameplate that the teller's name is Patricia Whack. So he says,
> "Ms.Whack,
> I'd like to get a loan to buy a boat and go on a long vacation."
> Patti looks at the frog in disbelief and asks how much he wants to
> borrow.
> The frog says $30,000. The teller asks his name and the frog says that
> his
> name is Kermit Jagger, his dad is Mick Jagger, and that it's OK, he knows
> the bank manager.
> Patti explains that $30,000 is a substantial amount of money and that he
> will need to secure some collateral against the loan. She asks if he has
> anything he can use as collateral.
> The frog says, "Sure. I have this," and produces a tiny pink porcelain
> elephant, about half an inch tall. Bright pink and perfectly formed.
> Very confused, Patti explains that she'll have to consult with the
> manager
> and disappears into a back office. She finds the manager and says:
> "There's a frog called Kermit Jagger out there who claims to know you and
> wants to borrow $30,000, and he wants to use this as collateral."
> She holds up the tiny pink elephant. "I mean, what the heck is this?"
>
> (Are you ready???)
>
>
> (You're gonna hate me!)
>
>
>
>
>
> "The bank manager looks back at her and says:
> "It's a knick knack, Patti Whack. Give the frog a loan. His old man's a
> Rolling Stone.
>
> Carolyn Roberts, MSN, RN, CNP??? <croberts@csf.edu>
> College of Santa Fe Health Service
> 1600 St. Michaels Drive
> Santa Fe, NM 87505-7634
> "You must have chaos to give birth to a dancing star!"
>
>


I just heard back from Holli Krebs, who verified that Puget is right on this
deal - the term should be December through February. I've changed it in the
system.

Thanks,
Kate

	From:  Sharen Cason                           11/29/2000 08:26 AM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Puget Sound # 467090

When I tried to verbally confirm this deal, the counterparty has this deal
running for three months, December through February.  Could you check with
the trader and either change it or have him talk to the counterparty about
it.  Let me know.

Thanks!


Mr. Boytinck:

I am sending this e-mail to check on the status of the Master Agreement for Garden City Plaza Ltd. that was forwarded to you for execution.  It would be appreciated if you would let me know the status.

Thank you!

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


Staff's questions are attached.  We are hoping that answers to these
questions help everybody to have a better understanding of the way different
ERCOT markets will operate after June 1, 2001.

See you tomorrow.

Parviz Adib, Ph. D.
Director of Market Oversight Division
Public Utility Commission of Texas
1701 N. Congress Avenue
P.O. Box 13326
Austin, Texas 78711-3326
Ph. No.: 512-936-7365
Fax No.: 512-936-7361
email: parviz.adib@puc.state.tx.us

 - TechnicalConference-NC-010501.doc


I will serve as a representative to the  Associates PRC meeting that will
take place on December 12.  As a PRC rep, I have been assigned the Associates
to represent in the meeting as indicated below.  The Associates Program has
provided me with your name as the supervisor of record as of October 1 of the
Associate as listed.

Please send the following information to me by December 1.

Associate's accomplishments for the second half of 2000 (prepared by the
associate or summarized by you)

Description of associate's current responsibilities/assignment (and any
additional rotational assignments during this last six months of the year)

Pre-ranking of the associate from your business unit PRC , or your suggestion
on ranking if no business unit PRC process has been completed (Superior,
Excellent, Strong, Satisfactory, Needs Improvement or Issues)

Any other information that you believe will be helpful in accurately
representing the associate in the PRC process

Recommendation for promotion, if any

I will receive a copy of the Consolidated Supervisor Feedback from the PEP
system through the Associates Program.

I will be at a management conference Thursday and Friday of this week, then
on vacation until Monday, November 27.  My assistant, Patti Thompson, will be
contacting you next week to arrange a time to meet or talk by phone during
the week of November 27 or December 4 to discuss your associate and his/her
performance in more detail.  I will also contact the Associates and meet with
them individually in preparation for the PRC meeting.

Thanks for your attention to this.  If you are not the appropriate PRC
supervisor for the Associate listed above,  please reply by e:mail as soon as
possible and my assistant will research where I should go next for this
input.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/06/2001
05:46 PM ---------------------------

Alex Huang@ENRON
04/02/2001 10:42 AM
To: Berney C Aucoin/HOU/ECT@ECT, Edith Cross/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT
Subject: Model for Harry Arora

Hi guys,
We have put together an option pricing model (using exotic library) for Harry
Arora.
I figure you may want to have the same model  in case questions arise.

Best,
Alex


Hey Tony

My fax number is 713-646-3390.

Talk to you soon!


Are we available at this time?

 -----Original Appointment-----
From: 	Roberts, Chaun   On Behalf Of Meyn, Jim
Sent:	Monday, June 04, 2001 10:56 AM
To:	Meyn, Jim; May, Tom; Will, Lloyd; Black, Tamara Jae; Hiemstra, Nick; Trefz, Greg; Huang, Alex
Subject:	PSIM Model - Portfolio Simulations
When:	Friday, June 08, 2001 3:00 PM-4:00 PM (GMT-06:00) Central Time (US & Canada).
Where:	3143B


Will call Mark Whit (303-575-6473)


Start Date: 4/10/01; 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\2001041012.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:  24.00 / Final:  23.97)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/10/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_DESERT
  ENGY_TYPE: FIRM


---------------------- Forwarded by Darron C Giron/HOU/ECT on 11/30/2000
04:45 PM ---------------------------

	From:  Jennifer Bagwell @ ENRON                           11/30/2000 04:32 PM

To: Darron C Giron/HOU/ECT@ECT
cc:
Subject: DPR/GL Adjustments

---------------------- Forwarded by Jennifer Bagwell/NA/Enron on 11/30/2000
04:27 PM ---------------------------

	From:  Frank Cernosek @ ECT                           11/28/2000 02:37 PM

To: Luchas Johnson/NA/Enron@Enron, Phillip M Love/HOU/ECT@ECT, Victor
Guggenheim/HOU/ECT@ECT, Jeff Royed/Corp/Enron@ENRON, Kyle R
Lilly/HOU/ECT@ECT, Jason Wolfe/NA/Enron@ENRON, Denver Plachy/NA/Enron@Enron,
Chris Walker/HOU/ECT@ECT, Andres Balmaceda/NA/Enron@ENRON, William
Kelly/HOU/ECT@ECT, Jennifer Bagwell/NA/Enron@ENRON, Jody
Crook/Corp/Enron@ENRON
cc:

Subject: DPR/GL Adjustments

Please plan on adjusting your PL for the following amount during the month of
November...

Frank


fyi                        [Murray, Julia]

 Original Message-----
From: 	Ephross, Joel
Sent:	Monday, November  26, 2001 12:43 PM
To:	Murray, Julia
Cc:	Mintz, Jordan
Subject:	B of A setoff provisions

According to Mary, we do not have a written agreement with B of A. Notwithstanding that, from time to time B of A sends out standard Ts and Cs regarding corporate accounts. The last one available, effective October 2001, contains a setoff provision. This purports to allow the bank a right of setoff, either before or after an event of default, and to apply both to the bank, and its affiliates. [It does not purport to apply to the debtor or any of its affiliates, except in circumstances not applicable here -- such as sole proprietor, or partnership situations.]


---------------------- Forwarded by J Mark Metts/NA/Enron on 10/25/2000 07:45
PM ---------------------------
From: Tim DeSpain@ECT on 10/25/2000 04:57 PM
To: J Mark Metts/NA/Enron@Enron, Lance Schuler-Legal/HOU/ECT@ECT
cc:
Subject: Rating Agency Talking Points

Please see attached revision pursuant to our meeting earlier today.  Let me
know if you have any questions or comments.

Tim


Here is what I think is a final draft...I'm going to give it one last read
thru...if you have further comments let me know immediately.  Thanks.


i get back monday night.  we can get a drink next week.  that actually works
out better for me anyway.  what are you doing this weekend.


ATTENTION!  Starting 06/22/00, Enron IT Purchasing will no longer be able to
receive orders for IT equipment.  To place an order, please proceed to the
following website:  <insert link> http://itcentral.enron.com     Any orders
sent to Enron IT Purchasing before this date will be processed -- you do not
need to enter another request.  Enron IT Purchasing will still be open to
status requests, approval notifications and pricing inquiries.  Thank you
very much for your patience and cooperation!

IT Sourcing and Procurement.


Take advantage of the following courses remaining for 2001.

Electric Business Understanding - November 27
The Electric Business Understanding Seminar will give a basic overview of the electric business for those with limited knowledge of this industry. This seminar is recommended for entry level to mid-level employees in either the gas or electric business or in businesses providing services to these industries.

Understanding Swaps - November 8 & 9 and December 13 & 14
This course is appropriate for all employees wishing to obtain a practical understanding of the basic natural gas and power derivative structures that are traded and marketed today. An emphasis is placed on understanding how financial tools are added to physical structures to meet the risk management needs of clients.

Understanding Options - November 27 & 28 and December 18 & 19
This course builds on our Derivatives 1 program and is appropriate for all employees looking to extend their knowledge of basic derivatives. Swaps and options are revisited, but from a more sophisticated perspective. Option pricing concepts are approached pragmatically, both from the trading and structuring/marketing perspectives. The program does not involve complex mathematics.

Structuring Natural Gas Transactions - November 19 & 20
This course builds on the DI - Applied Energy Derivatives program, focusing on deal structuring opportunities particular to the Natural Gas markets.  Participants will develop insights into the economic inter-relationships between the physical operations (pipelines, storage, generation, etc.) and their synthetic financial counterparts (basis, time spread and multi-fuel derivatives).  Emphasis is directed at identifying marketing opportunities that follow from these concepts.  This is not an introduction to natural gas markets.

For enrollment, or more information on these courses, please log on to http://elm.enron.com.


-----Original Message-----
From: 	Crenshaw, Shirley
Sent:	Thursday, October 25, 2001 2:15 PM
To:	Black, Tamara Jae; Rangel, Ina; Coneway, Betty J.
Subject:	Presentation Announcement

Hello everyone:

Would you please forward this announcement to your groups?  I really appreciate your help!

Thanks!

Shirley Crenshaw

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

You are invited to attend the following presentation:

PSIM: A Power Simulation Tool

PSIM is a proprietary model developed by Enron Research Group.

?	It takes Power, Gas, Weather and demand information into consideration and
	uses Monte-Carlo simulation to assess the expected deal value and risk distribution.
?	It evaluates complex electricity related contracts such
as Full Requirement  and load following contract.
?	It also provides a valuation tool for power assets and asset management deals.
?	It works for both deal specific or portfolio issues.

In this presentation we will show how the model can be used to deal with various types
of contracts, explain the model structure and point out further applications.

Date:		October 30, 2001
Time: 	4:00 pm
Location: 	EB5C2
Presenter: 	Alex Huang

Registration is required for a head count.
Please call Shirley Crenshaw at 3-5290 to register.

Pizza and soft drinks will be served.


Needless to say, I am not taking calls on this subject and am getting hounded by John Edmiston (Dow Jones), Mark Golden (Dow Jones) and Cathy Cash (Power Markets Week).

Today's EnronOnline Numbers are as follows:

	Transactions: 4,398 (down 1,793 from yesterday's 6,191)
	Outside Users Transacting: 899 (down 290 from yesterday's 1,189)
	Counterparties: 241 (down 45 from yesterday's 286)
	Total Products Listed: 1,581 (down 454 from yesterday's 2,035)

All are well below the 30-day rolling average.  Any thoughts on how to spin?

Eric


Start Date: 3/4/01; HourAhead hour: 1;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030401.txt


Tana,
Can I just get a status report on the NDA that you've sent out for me.  I
want to verify that Spectron and TFS have not executed the NDA yet.

Thanks,

Dan


Does anyone know why in our form of LC we have language that seems to qualify
Section 13(b) of the UCP which sets forth the amount of time that the issuing
bank has to honor drafts?  I don't see anywhere in our form where we modify
this Section.  Here ios the current version that we are using.
Carol


Mark,

Thanks. Vince

From: Mark Lay/ENRON@enronXgate on 02/16/2001 10:55 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: RE: Blood Bank

Vince,

I must apologize.  I have not had time to look over the proposal in any
detail.  When I first spoke with your friend, it was apparent that he was
still pre-business plan stage.  He has since sent me some ideas and
information.  I think the concept has merit, but there are so many political
issues that I am concerned about the ultimate business viability.

Give me the weekend to look over the information.

Thanks,
Mark

 -----Original Message-----
From:  Kaminski, Vince
Sent: Friday, February 16, 2001 10:00 AM
To: Mark Lay/HOU/ECT@ENRON
Subject: Blood Bank

Mark,

Any further thoughts on the blood bank concept?
Please, let  me know if I can be helpful?

Vince


| notifications                                                            |
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Mitchell, Brian added to Lake Austin Mighty Mullets's rosters, and Goings, Nick dropped.
If you have a cell phone or pager, you can get this information even sooner! Go to your league's web site and click "Options, Notifications" on the main toolbar to have notifications sent to your pager or phone, via text messaging.

Win a VIP Vegas Vacation! OR Win $600 CASH!
http://www.sportsline.com/links/6/1/223/sffn1106v.cgi
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FB10SP


FYI
---------------------- Forwarded by Mary Hain/HOU/ECT on 03/14/2001 09:07 AM
---------------------------
From: Joe Hartsoe@ENRON on 03/14/2001 10:12 AM CST
To: Steven J Kean/NA/Enron@Enron
cc: Linda Robertson/NA/Enron@ENRON, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Mary Hain/HOU/ECT@ECT
Subject: Sales to CDWR

Steve -- I believe that the note from Dan below responds to your request  for
an outside counsel response concerning the appliability of recent FERC refund
orders to bilateral transactions, including sales to the California Dept. of
Water Resources (CDWR).  Let me know if you would like a formal opinion
letter or if there is anything else I might do for you.  Later Joe
202.466.9150
----- Forwarded by Joe Hartsoe/Corp/Enron on 03/14/2001 09:57 AM -----

	"Jeffrey Watkiss" <dwatkiss@bracepatt.com>
	03/14/2001 09:31 AM

		 To: <jhartso@enron.com>
		 cc: "Ronald Carroll" <rcarroll@bracepatt.com>
		 Subject: Sales to CDWR

The $150 "soft price" cap that FERC adopted in its December 15 order applies
only to sales of power into the California ISO market and California PX
day-aheadand day-of markets.  These are the real-time and short-term markets,
respectively.   By the terms of the December 15 order, the cap does not apply
to any bilateral transactions, including sales to the California Dept. of
Water Resources (CDWR), which are generally for longer terms.

Given the instability of the California market, the current applicability of
the cap may change in the future.  In a recentlly released report, FERC staff
recommends that the cap be discontinued after April 2001 and replace by a
series of other measures to mitigate market power.  Thes include a marginal
cost price cap on sales into the ISO by sellers who are party to the
participating generator agreement.

Although unlikely, it is not inconceivable that someone in the future might
argue that the role currently being performed by CDWR is in some respects the
same role as was formerly performed by the PX.  Based on that proposiiton, it
might be argued that a price cap similar to the "soft price" cap  be imposed
on sales to the CDWR.


Good morning.  One of my contacts at RGA sent me a copy of a letter that went
to DOE Secretary Abraham this week, thanking him for his participation in the
WGA conference in Portland.  It stated, in part :

 "We now believe it is imperative, given the importance of encouraging the
development of and investment in new plant construction, that you NOTextend
the Department of Energy orders requiring the sale of electricity and natural
gas, and a cap on those prices."

The general tone of the overall letter was that they want Davis to continue
fixing his own problem.   The letter was copied to Dick Cheney and Chairman
Hebert.  I'll send a copy along via fax later today.  The signing Governors
were:  Hull, Owens, Kempthorne, Martz, Guinn, Gary Johnson, Leavitt,
Geringer--all republicans.


see resume attached