Notice to Members No. 00-384
November 9, 2000

TO:  All NYMEX and COMEX Division Brokers

FROM:
Robert Coakley, Co-Chairman
Scott Hess, Co-Chairman
Training & Education Committee

RE:  Clerk Training Rule Enforcement

Please be advised that effective immediately, the Clerk Training rules will
be strictly enforced.  These rules provide that a clerk must successfully
complete a Clerk Training Course.
Accordingly, if a clerk fails to attend the ENTIRE clerk-training course,
he/she will be excluded from the trading floor until the next available
session in pursuant to these rules.

The ENTIRE clerk-training course consists of the following:

NYMEX DIVISION
Classroom Session:
Tuesday, 9:30 A.M.-12:30 P.M.

TMS Session (Screen Clerks Only):
Thursday, 9:30 A.M.-3:30 P.M.

Re-Exam Session (Exam Failures Only):
The Tuesday following the Exam Session,
9:30 A.M.-12:00P.M.

Exam Session:
The Tuesday following the Classroom Session, 9:30 A.M.-12:00 P.M.

COMEX DIVISION
Classroom Session:
Tuesday, 9:30 A.M.-3:30 P.M.

Exam Session:
The Tuesday following the Classroom Session, 9:30 A.M.-12:00 P.M.

Re-Exam Session (Exam Failures Only):
The Tuesday following the Exam Session,
9:30 A.M.-12:00P.M.

NOTE:
Clerks must attend each session and be on time to class in order to fulfill
the Clerk Training requirement.

Clerks and their employers will be advised in advance of the Clerk Training
course the clerks must attend.  Consequently, the clerk and his/her employer
must make arrangements to ensure the clerk,s attendance at each of the
required sessions.

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(00-384)"

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


As tax season rapidly approaches, we are pleased to announce a new W-2
employee service.  If you plan to file your personal income taxes through
TurboTax 2000 (Intuit's personal tax filing software) you will be able to
automatically download your W-2 information into the appropriate TurboTax
forms directly over the Internet for free.

Enron has chosen to provide this service to help speed the processing time
and accuracy of your return while supporting paperless processing.

More information regarding this service is listed below or visit
www.probusinesstaxes.com to find out more about the TurboTax software and
Web-based filing service.

Employee Fact Sheet: ProBusiness/Intuit W-2 service

Q.  What is the Automated Tax Return (ATR) service?
A. Intuit Inc., makers of the popular Quicken TurboTax tax preparation and
filing software, have launched a new Automated Tax Return (ATR) service to
simplify tax preparation for TurboTax users. ATR allows users of TurboTax tax
preparation and filing software to import tax information from multiple
sources such as employers, brokerage houses, and mutual fund companies
directly into the correct TurboTax forms over the Internet.  Since our
payroll tax provider, ProBusiness, has partnered with Intuit to provide this
service, you will be able to electronically download your individual W-2 data
from ProBusiness directly into TurboTax through the Internet for free. Also,
as part of this program, you can receive a  5% discount on all TurboTax and
Quicken products including shipping and handling (go to
www.probusinesstaxes.com for more information).

Q. So how does it work?
A. Embedded in each version of TurboTax 2000 (both the software and web
application) is a series of screens that will ask whether your employer
allows you to automatically download your data into TurboTax.  To use the
free service, simply answer "yes" then select our payroll tax provider,
ProBusiness, from a drop-down list of providers which includes ProBusiness,
PeopleSoft, Ceridian, and seemyw2.com.  Validate your request by entering
your social security number and W-2 box one data and your W-2 data will
automatically transfer via the Internet into the appropriate locations in the
TurboTax form.

Q. Is this a secure transaction?
A.  Intuit,s TurboTax ATR service combines Open Financial Exchange (OFX), the
standard technology used in e-finance, with 128-bit military-grade encryption
to create an advanced security protocol that ensures the highest level of
security and confidentiality when obtaining financial data to populate your
TurboTax form over the Internet.

Q. How do I participate in this program?
A.  Only employees using Intuit,s TurboTax 2000 tax preparation and filing
software can take advantage of this Web-based ATR service.  TurboTax software
and the ATR Web-based filing service can be accessed at
www.probusinesstaxes.com.

Q. What if I already own TurboTax 2000(does this still work?
A. Yes, all copies of TurboTax 2000 contain the Automated Tax Return service
option.

Q. Overall what are the Benefits to me?
A.  Using the ATR service provided by Intuit and ProBusiness, you can:
? Increase your probability of accurate filing.
? Eliminate the need to manually enter your W-2 information and other
financial data.
? Increase the overall speed of tax filing.


I have cleared my calendar, so any time in the morning works for me.

Best,
Jeff

	Janel Guerrero
	04/27/2001 04:30 PM

		 To: Jeff Dasovich/NA/Enron@Enron, Michael Tribolet/ENRON@enronXgate
		 cc:
		 Subject: Tuesday meeting with Steve Kean

Jeff/Michael,

In preparation of Ken Lay's tour through California next week, Steve Kean
would like to meet with the two of you (in Houston) on Tuesday morning.
Steve's morning is wide open, so please give me a time (one hour) that works
with your schedules.

Please cc Maureen McVicker .  Thanks!


Shelley, here is the current weekend on-call schedule for the TW marketers.


Please distribute the attached memo to your EGA organization.


- GC010506.xls


So you should be able to cut and paste this.

Jeffrey Oh


Looks good to me.

Carol St Clair
04/13/2000 08:53 AM
To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
cc: Taffy Milligan/HOU/ECT@ECT, Suzanne Adams/HOU/ECT@ECT
Subject: Vacation Days

I would like to take the following as vacation days:

Friday, April 21
Friday, May 26th

Please advise if there is a problem with taking these days.

Carol


Notice #01-76
February 28, 2001

TO:
ALL NYMEX/COMEX DIVISION MEMBERS
ALL NYMEX/COMEX DIVISION MEMBER FIRMS
ALL NYMEX/COMEX DIVISION CLEARING FIRMS
ALL NYMEX/COMEX DIVISION OPERATION MANAGERS

FROM:
George Henderson, Vice President
Michael Campanelli, Vice President

RE:
March ATOM Processing Schedule

DATE    BUSINESS DAY EVENT

3/1     1 Preliminary ATOM reports and Give up
      Listings.

3/5     3 Last day for adjustments.

3/6     4 Final ATOM reports.

3/7     5 CMs debited for brokerage.

3/9     7 NYMEX gets confirmation of available      Funds in escrow account
and
                                                initiates Transfer to Brokers.

3/12     8 Funds are deposited to broker
      Accounts.

3/13      9 Brokers who check their morning
      Balances will see the ATOM deposits
      Reflected in their bank balances.

NOTE:
Broker enrollments for April cycle must be received by the Membership
Department
No later than 10:00 A.M., on March 29, 2001.

If you have any questions regarding NYMEX, please contact Juan Serrano or
Gerard Taibi at (212) 299-2626.
If you have any questions regarding COMEX, please contact David Sherman at
(212) 299-2061.

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(01-76)"

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


Attached is the TW Weekly for March 30, 2001.

If you have any questions, please let me know.

Jan Moore
Enron Transportation Services
713-345-3858
jan.moore@enron.com


Larry,

I sent the information to Mark Ruane, 713 853 3569.
He is the best customer at Enron for real options applications.

Vince

Larry Chorn <lgc@roce-inc.com> on 01/25/2000 12:30:17 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Real Options E&P course

Vince:

As you requested, we mailed you a brochure about our upcoming course
(2/22-4/4) in Houston.

We are now following up with that mailing to identify remaining
attendees for the session.  I wanted to make sure that we did not
overlook anyone at Enron, so I am dropping you this email to see if you
have anyone there in mind as an attendee.

Best regards,

Larry Chorn
972.814.5342
www.realoptions-software.com


The attached file contains our daily volume requirements for today and
tomorrow
.    There are two worksheets:  The one labelled 'Total Reqs' contains the
volumes that we need at each of the delivery points indicated.   The
schedulers
will want to check this sheet to see how much gas is needed at a specific
point.   The AGL volumes are not timely and should be ignored until further
notice.    CES schedulers note:  the attached file is archived on P:\Energy
Ops\Enron\April_00\Daily\ *.xls, so you don't have to save a duplicate copy
elsewhere on the network.

The sheet labelled 'Daily Change' shows the change (increase +/decrease -) in
the requested daily volume relative to a prior value.  For the current gas
day,
the change is an intra-day change and is calculated using the previous day's
volume request for the current day (e.g., If the current gas day is 3/28, then
the change is computed with respect to the 3/27 request for 3/28).  For
tomorrow's gas day and any subsequent ones shown, the change is computed using
the First-of-the-month volumes requested for those days.  (e.g., If today is
3/28, then the change for 3/29, 3/30, etc. is computed with respect to the
first-of-the-month volumes for those days.)   This sheet should be useful in
determining prices for daily changes in gas volumes that we take or turn back.

Doug Kinney
Ph:  703-561-6339
Fax:  703-561-7317

 - 04-04-00 Daily volsAM.xls


-----Original Message-----
From:  Gay, Rob
Sent: Thursday, February 22, 2001 9:32 AM
To: Weidler, Peter; Daniels, Eddy; Bestard, Jose; Powell, Laine; Novak, John
Subject: RE: Strictly privileged & confidential

I had a call today with the John Gardiner of Sadden and Fernando Serec at
Tozzini about various issues including a response to the Furnas letter.  John
will circulate a draft response which we believe should be a brief
acknowledgement of receipt, with the notation that EPE still considers Furnas
in default and extends the period to cure another 30 days.  The Furnas letter
seems to us to indicate that Furnas is preparing for litigation, hence we do
not intend to respond to each point which could cause deterioration of
negotiations, plus it limits our ability to change positions later if we want
to. I also don't want to get into a letter writing battle which is not
particularly productive.  Let's plan to send the letter a week from Monday to
give everyone time to review and comment and it buys us a little more time.
Next week is Carnaval anyway. Please call me with any questions x56159.
Regards,
Michelle
---------------------- Forwarded by Rob G Gay/NA/Enron on 02/22/2001 04:37 AM
---------------------------

"Boehm, Barbara" <bboeh@opic.gov> on 02/21/2001 06:23:42 PM
To: "'Rob.G.Gay@enron.com'" <Rob.G.Gay@enron.com>
cc: "'Kluesener, Frank'" <frank.kluesener@kfw.de>

Subject: RE: Commitment extension

Thanks for the update.  The sooner the better I think; it would be helpful
for us to know what defaults exist as we assess the whole "consent"
situation.

Thanks
Barbara

 -----Original Message-----
 From: Rob.G.Gay@enron.com [SMTP:Rob.G.Gay@enron.com]
 Sent: Wednesday, February 21, 2001 10:54 AM
 To: Boehm, Barbara; Kluesener, Frank
 Subject: Re: Commitment extension

 Yes, we have not been able to pull Laine and Jose away from their
very
 important activities on the Ridges, the Siemens negotiation and the
Furnas/
 Brazil Inc. efforts.  I think Eddie Daniels is going to try and
start
 pulling the scedule together this week and next.  Thanks for the
follow up.
 Please let me know if the passage of time is endangering this
effort.

 Regards,

 Rob

 "Boehm, Barbara" <bboeh@opic.gov> on 02/20/2001 05:44:24 PM

 To:   "'rob.g.gay@enron.com'" <rob.g.gay@enron.com>
 cc:

 Subject:  Commitment extension

 Rob
 I forgot to ask you about this this morning: can you  please give me
an
 update on the status of Amendment #2 (the commitment extension).  I
believe
 we are waiting for an update of the attached schedule.
 Thanks
 Barbara


give me all the details later.....


I think Lance is working on some of the law suits.  He has some securities law reporters in his office.  He left his secretary a voice message at 1:45 am - so its something very urgent.

 -----Original Message-----
From: 	Heard, Marie
Sent:	Thursday, October 25, 2001 3:01 PM
To:	Rossi, Robbi
Subject:	RE: Orders

I bet Mary Nell was made that they wouldn't let her come back to Houston.  I haven't heard anything.  I know that several of our lawyers and Carol have been meeting to finalize a Master Netting agreement.  There are some issues with the master netting agreement and some of the big financing transactions.  Maybe that's what they are working on.  If I hear anything, I'll let you know.

 -----Original Message-----
From: 	Rossi, Robbi
Sent:	Thursday, October 25, 2001 2:54 PM
To:	Heard, Marie
Subject:	RE: Orders

Yes - and Mary Nell asked to come back to Houston and was told no (according to my source).  Things are very bleak!  Carol and Lance are on some emergency project.  Lance worked all night.  I think we are in big trouble!  Do you hear any scoop?

 -----Original Message-----
From: 	Heard, Marie
Sent:	Thursday, October 25, 2001 2:26 PM
To:	Rossi, Robbi
Subject:	RE: Orders

Well, I guess that's why they get to have such nice, pretty stores.  What's Eric doing up here meeting with the attorneys?  Also, Jane said that Mary Nell and Peter were given packages?  Is this true?

 -----Original Message-----
From: 	Rossi, Robbi
Sent:	Thursday, October 25, 2001 2:15 PM
To:	Heard, Marie
Subject:	RE: Orders

Kravet will COD me and Schumacher will be charged to my credit card.  Once I place the orders I'll know the exact amount, including freight.  So I'll let you know.

Isn't it a big scam that these stores have!  The mark up is always between 40 and 50%, depending on the manufacturer.

 -----Original Message-----
From: 	Heard, Marie
Sent:	Thursday, October 25, 2001 2:11 PM
To:	Rossi, Robbi
Subject:	RE: Orders

Yes, please.  Also, please add taxes.  We certainly don't want to do anything that will mess his records up since you all are so kind to do this.  Do you want us to pay in advance?  That won't be a problem either.

Thanks!

Marie

 -----Original Message-----
From: 	Rossi, Robbi
Sent:	Thursday, October 25, 2001 12:27 PM
To:	Heard, Marie
Subject:	Orders

Marie,

  I am working this noon time on your orders.  I received pricing from Schumacher and Kravet and it is half of what you were quoted.  Both are in stock.  The purchase price will be a little more because of freight.  Also, my husband may want me to add taxes - because I am using his tax resale certificate.  I am checking with him and will let you know.  Do you want me to go ahead and place the orders?

  I have filled out the application for Robert Allen, but need to get banking information from my husband before I can send it in.  My goal is to have it done by Friday.  It's just been very busy here!  Sorry for the delay!


shoot, we're going to see Tom and Karen on Saturday.

	Nancy Sellers <Nancy.Sellers@RobertMondavi.com>
	05/10/2001 10:26 AM

		 To: "'Jeff Dasovich'" <Jeff_Dasovich@enron.com>, "Prentice @ Berkeley"
<PSellers@haas.berkeley.edu>, Prentice Sellers <PSellers@pacbell.net>
		 cc:
		 Subject: Forgot

Dad is playing in a concert Saturday night - would you like to go?

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


Lindy -  We receive a report from IGS which does track the California
deliveries of Kern River.  The remaining volumes, and we do assume that Kern
River is 100% full, does get dropped off to the Nevada market.    Sometimes,
the California deliveries are as low as 325 MMcf/d, which does indicate a
strong Las Vegas/Nevada market demand.

Lindy Donoho
09/15/2000 11:11 AM
To: Christine Stokes/ET&S/Enron@ENRON
cc: Steven Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, TK
Lohman/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron@ENRON, Lorraine
Lindberg/ET&S/Enron@ENRON, Michelle Lokay/ET&S/Enron@Enron

Subject: Re: Transwestern Weekly Report

Kern River's throughput to CA was only 59%?  Did they have an outage?  Is the
remaining gas dropping-off before CA?  We usually assume in our gas flows
analysis that Kern is 100% full.  This seems unusual.

Christine Stokes
09/15/2000 08:46 AM
To: Steven Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, TK
Lohman/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron@ENRON, Lorraine
Lindberg/ET&S/Enron@ENRON, Michelle Lokay/ET&S/Enron@Enron, Lindy
Donoho/ET&S/Enron@ENRON
cc:

Subject: Transwestern Weekly Report

For the week September 11-15th:

Transwestern weekly average deliveries to California were 1,058 MMcf/d (97%)
while east deliveries averaged 339 MMcf/d.  San Juan lateral throughput
averaged 845 MMcf/d while receipts from Rio Puerco averaged 70 MMcf/d.
Mojave deliveries averaged 50 MMcf/d throughout the week.

El Paso average deliveries to California were 2,218 MMcf/d (76%) :

- PG&ETop (capacity 1,140 MMcf/d) deliveries averaged 549 MMcf/d (48%)
- SoCalEhr (capacity 1,230 MMcf/d) deliveries averaged 1,144 MMcf/d (93%)
- SoCalTop (capacity 541 MMcf/d) deliveries averaged 524 MMcf/d (97%)

Other pipeline throughput:

- PGT ( capacity 1,937 MMcf/d) throughput to California averaged 1,908 MMc/d
(99%)
-  Kern River (capacity 700) throughput to California averaged 410 MMcf/d
(59%)

Thursday Enron Online Basis numbers:

Friday Perm-CA basis quotes were wider by about .07 for October from last
week, but the  Nov-March and April-Oct basis lost .07 and .04 respectively.
SJ-CA October basis lost .13 from last week while the Nov-March and April-Oct
basis both lost .06.

  Oct.  Nov 00-March '01 April-Oct '01
Perm-CA 1.10    .46      .56
SJ - CA  1.14    .56      .73
SJ-Waha   .35    .15      .24
Perm-Waha   .05    .05      .07


Greg,

Two things I did not manage to mention to you at the meeting on Monday.

1. Joe Carson. I was very positively impressed by Joe Carson.
     Enron  badly needs a senior economist of his stature and
     experience. He has many contacts in the industry and can represent
     Enron well. He is very pragmatic and, also, I expect a cool head on old
     shoulders.

     One negative is that he wants to work out of New York. The tradeoff is
between
     maintaining  his contacts and working closer with the desks.

2. Tony Mends. I think you, or Louise, should explore the possibility of
using the skills of Tony Mends.
    Tony and I are good friends so I may be biased. I think that he is a very
smart
    and efficient person and can contribute a lot to the organization that
relies
    on processing huge volumes of information.

Vince


Thanks so much, Vince--I couldn't agree with you more.

Molly

Vince J Kaminski
11/27/2000 02:40 PM
To: Molly Magee/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Charles Shen

Molly,

I think you called his bluff. If he does not fax a copy of his paycheck stub,
we should not talk to him. He never talked to me about  it. If he made a true
statement
about his compensation, he should have no reservations about sending us the
confirmation.

Vince

	Enron North America Corp.

	From:  Molly Magee                           11/27/2000 01:58 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Charles Shen

Vince:  I left you a voicemail about Charles Shen a week or so ago, but
wanted to follow up with you.  When I called him to extend our offer to him,
he expressed surprise at the base salary offer of $110,000, and told me that
he was currently earning base pay in the amount of $120,000.   I told him
that the salary figure he had written himself on the application was
$102,000, but he insisted that he had made an error and that it should have
been $120,000.   I asked him what base salary he was looking for, and he said
he would expect at least a 10% increase in his base.   I then told him that I
was not authorized to make an offer above our initial one, and would contact
you and get back to him.

I called him later that afternoon and asked him to fax me a copy of his last
paycheck stub so that we could minimize the confusion about his base pay.  He
said that he would be happy to do so,  but I never received the fax.  He left
me a voicemail message during the evening that said he was on vacation and
didn't have access to the pay stubs,  but would send me a copy when he
returned.

I have not heard from him since, and wondered if he had contacted you.   If
not, would you want to get together to discuss our next step?

I'll wait to hear from you,
Molly
x34804


Yeah, gave the disc to Prentice.  Also (and don't ask me how this happened,
cuz I couldn't tell ya), Cameron put the battery to her camera (I think?) in
my shirt pocket.  I gave that to Prentice last night, too.  So she's got both
of them.  Thanks a million (or at least $736) for the check.

Best,
Jeff


Attached is the October 2000 Assignment, Termination & Expiration Report for
the Assets Group's contracts.  (FYI - It contains all of the entries made by
our group since the distribution of the last report regardless of the
effective date.)  If you do not need to receive this report or if you know of
someone else that should receive it, please let me know by e-mail or phone
(x-36982) so that I can either remove your name from or add their name to the
distribution list.


I will be leaving here at noon today.  Keep me in your prayers.


---------------------- Forwarded by John Arnold/HOU/ECT on 09/25/2000 04:50
PM ---------------------------

"Zerilli, Frank" <fzerilli@POWERMERCHANTS.COM> on 09/21/2000 02:46:05 PM
To: "Christine Zerilli (E-mail)" <Christine_Zerilli@lotus.com>, "David
D'alessandro (E-mail)" <DDALESSA@SEMPRATRADING.COM>, "Eric Carlstrom
(E-mail)" <Eric_Carlstrom@ars.aon.com>, "Eric Carlstrom (E-mail 2)"
<ecarlst@aol.com>, "Jason D'alessandro (E-mail)" <jsd77@altavista.com>,
"Jeannine & Rob Votruba (E-mail)" <votruba@worldnet.att.net>, "josh Faber
(E-mail)" <joshfaber@hotmail.com>, "Karen Brennan (E-mail)"
<karencri@aol.com>, "Lew G. Williams (E-mail)" <Lew_G._Williams@aep.com>,
"Lew G. Williams (E-mail 2)" <bak2texas@msn.com>, "Mark Creem (E-mail)"
<mcreem@aol.com>, "Mom & Dad Zerilli (E-mail)" <mzerilli@optonline.net>, "Pat
Creem (E-mail)" <pcreem@hotmail.com>, "Robert Votruba (E-mail)"
<RVotruba@EliasPress.com>, "Sean Jacobs (E-mail)" <jakey@peoplepc.com>,
"Sharon C. Zerilli (E-mail)" <szerilli@optonline.net>, "Stacey & Dave Hoey
(E-mail)" <sah51099@cs.com>, "'jarnold@enron.com'" <jarnold@enron.com>
cc:
Subject: FW: The today show!!!!!

You should be able to view this with Windows Media Player.  Keep your
eyes
peeled.

Chris

> use care
>
>  Uncut version of today show
>
>
>  <<flash4.asf>>

 - flash4.asf


The only change from our previous conversation is the addition of a bilateral
additional event of default tied to a debt rating (below BBB-) of the
counterparty or the guarantor if applicable.

Guarantors:
1. Lehman Brothers Holdings Inc.
2. not required; entity rated AA
3. not requried; entity rated AA
4. Bear Stearns Cos. Inc.
5. Morgan Stanley Dean Witter & Co.
6. not required; entity rated AA

Please call if you have any questions.

Thanks,
Tanya

From: Sara Shackleton on 10/26/2000 01:25 PM
To: Tanya Rohauer/HOU/ECT@ECT
cc: Clint Freeland/Corp/Enron@Enron, Samantha Boyd/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron, Susan Bailey/HOU/ECT@ECT
Subject: Enron Corp. ISDA master agreements

Tanya:  Based upon our earlier conversation, I will begin preparing masters
for the following parties with (1) no CSA, (2) bilateral cross-default at
US$100 million and (3) uncapped (or min US$100 million cap) guaranties for
counterparties required to post guaranties.  The parties on Clint's list are:

(1)  Lehman Brothers Finance S.A. [have form of master and a form of guaranty
from Lehman Brothers Holdings Inc.] - Stephanie Panus

(2)  Credit Suisse First Boston International [no form of master]

(3)  Deutsche Bank AG [have a form of master from ENA negotiations]

(4)  Bear Stearns International Limited [no form of master] - Samantha Boyd

(5)  Morgan Stanley Capital Services Inc. [may develop form from ENA
negotiations]

(6)  Credit Agricole Indosuez S.A.

Tanya:  Please let me know if any of the foregoing require parent guaranties.

Clint:  Please identify the lawyer to whom I should address comments.  Also,
are there any others?  ENE has an agreement with Toronto Dominion, NY Branch.

Samantha:  Please assign Credit Suisse and Deutsche Bank and let me know who
is handling.


How about 9 am Houston (10 am New York)?   Why don't you call me?  It might
be helpful for Scott to be available (we could conference him in if
necessary).  Let me know if this works.  SS

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

	"Chernick, Sharon Confidential Memo-Counsel (Exchange)" <schernick@bear.com>
	02/07/2001 05:34 PM

		 To: "'Sara.Shackleton@enron.com'" <Sara.Shackleton@enron.com>
		 cc:
		 Subject: RE: enhanced stock loan

I will call you in the am.  I am free until 11:30 NYT. What works for you?
Do you want a business person like Scott Talento on the line with us?

> -----Original Message-----
> From: Sara.Shackleton@enron.com [SMTP:Sara.Shackleton@enron.com]
> Sent: Wednesday, February 07, 2001 2:44 PM
> To: schernick@bear.com
> Subject: Re: enhanced stock loan
>
>
> Sharon:
>
> I'm on my way out of the office for an appointment but will be back around
> 4 or 4:30 Houston time.  I'd like a quick chat this evening or tomorrow
> morning (before 11 am Houston, if possible).  I understand that the
> dynamics of this deal were discussed by Russ and Jeff Kinneman/Sheila
> Glover.  The Enron party is Enron North America Corp. ("ENA", formerly
> named "ECT") and the $25million Enron Corp. guaranty is for the purpose of
> securing payment of the 20%plus margin requirement for  illiquid
> securities
> held by ENA in its Bear account ("stock loan account").  I'm not sure if
> other agreements are necessary and I was hoping that we could discuss.
>
> Feel free to email or call.  Thanks for your help.
>
> Sara Shackleton
> Enron North America Corp.
> 1400 Smith Street, EB 3801a
> Houston, Texas  77002
> 713-853-5620 (phone)
> 713-646-3490 (fax)
> sara.shackleton@enron.com
>
>
>
>
>                     "Chernick,
>
>                     Sharon               To:
> "'sara.shackleton@enron.com'" <sara.shackleton@enron.com>
>                     Confidential         cc:     "Talento, Scott
> (Exchange)" <STALENTO@bear.com>, "Miron, Russel
>                     Memo-Counsel         (Exchange)" <rmiron@bear.com>
>
>                     (Exchange)"          Subject:     enhanced stock loan
>
>                     <schernick@be
>
>                     ar.com>
>
>
>
>                     02/07/2001
>
>                     01:17 PM
>
>
>
>
>
>
>
>
>
> Sara:
>
> I have made some inquiry and verified that the Bear Stearns Stock Loan
> enhanced leveraged product is indeed what is under consideration.
>
> As promised, I have a brief step-by-step  explanation of such a stock loan
> transaction, which is appended to this message.  There are actually two
> possible scenarios: one where cash collateral is used for the stock loan,
> the other where actual securities are used as collateral.  We understand
> that, at least initially, you will be using bonds as collateral.
>
> The Stock Loan Agreement is used in connection with our current form of
> Institutional Account Agreement which ECT may not have signed.  I
> therefore
> also append that agreement to this message.
>
> I expect you waill wnat to review these attachments before we speak again.
> Again, as a reminder, I will be on vacation from Friday the 16th through
> the
> following week.  If you would like to speak before hand, or if you have
> any
> questions regarding any of the documents, please let me know.
>
> Regards,
>
> Sharon
>
>  <<Enhanced Stock Loan-explained.doc>>
>
>  <<IAA_ 9-8-00rev_clean.doc>>
>
> (See attached file: Enhanced Stock Loan-explained.doc)
> (See attached file: IAA_ 9-8-00rev_clean.doc)
> ***********************************************************************
> Bear Stearns is not responsible for any recommendation, solicitation,
> offer or agreement or any information about any transaction, customer
> account or account activity contained in this communication.
> ***********************************************************************
>
>  << File: Enhanced Stock Loan-explained.doc >>  << File: IAA_
> 9-8-00rev_clean.doc >>

***********************************************************************
Bear Stearns is not responsible for any recommendation, solicitation,
offer or agreement or any information about any transaction, customer
account or account activity contained in this communication.
***********************************************************************


Bonnie, I have reviewed the additional pleadings you forwarded with respect
to the above.  I don't see where there is a Cause of Action which would have
triggered a defense obligation prior to now.  Our payment of legal fees and
costs will be effected from the date this lawsuit was served (9/8/00).  We
will only be responsible for the legal fees and costs associated with
defending this matter.  Thus, if the same law firm is used on this matter as
on the previously filed litigation, we will need to make sure they understand
how to bill on this matter (separate billing may be needed).  An Engagement
Agreement will be needed as well.

Please call me to discuss.  Do we know why the other litigation was abated?
Does this mean that retained counsel will simply be performing tasks
associated with this matter?  Please advise.

Thanks,

Rob

---------------------- Forwarded by Rob Cole/HOU/ECT on 09/15/2000 12:35 PM
---------------------------

Rob Cole
09/14/2000 09:17 AM
To: Bonnie White/Corp/Enron@ENRON
cc: Becky Zikes/Corp/Enron@ENRON, Jim Armogida/Corp/Enron@ENRON, Richard B
Sanders/HOU/ECT@ECT, Rob.Cole@enron.com, James P Studdert/HOU/ECT@ECT
Subject: Intrust USA v. Enron Investment Partners, et al

Please see the attached.  Call in the event you have any questions.  Thanks,

Rob
3-7739


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"We believe our projections of Internet gambling revenues of $100 to $200 Billion domestically and
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"We didn't realize how many people in our area gambled on-line until we received our first check for
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=============================================================================
REMOVAL INSRTUCTIONS: CLICK HERE mailto:loan75@uol.com.co?subject=Remove-CAS


thank you.

-----Original Message-----
From: Alamo, Joseph
Sent: Tuesday, October 30, 2001 1:42 PM
To: 'cynthia.biggs@travelpark.com'
Cc: Dasovich, Jeff
Subject: FW: car res for 30oct

Cynthia -
did Jeff give you his Hertz Club Gold number for this res??
Probably not!
For future reference (his profile?), it's No. 46628803

Thanks,

Joseph Alamo
Sr. Administrative Assistant
Global Government Affairs
ph. (415) 782-7841
fax (415) 782-7854
e-mail: joseph.alamo@enron.com

-----Original Message-----
From: Dasovich, Jeff
Sent: Monday, October 29, 2001 2:52 PM
To: 'Cynthia Biggs'
Cc: Alamo, Joseph
Subject: RE: car res for 30oct

Thanks so much.  Really appreciate it.

Best,
Jeff

-----Original Message-----
From: Cynthia Biggs [mailto:cynthia.biggs@travelpark.com]
Sent: Monday, October 29, 2001 4:34 PM
To: Dasovich, Jeff
Subject: car res for 30oct

                                          AGENT CB/CB BOOKING REF ZEGPMK

                                          DASOVICH/JEFF
                                          ENRON CORP
                                          101 CALIFORNIA ST STE 1950
  ENRON CORP                              SAN FRANCISCO CA 94111
                                          CAR RES ONLY

  DATE:  OCT 29 2001

CAR                   30OCT HERTZ                  SAN F CA
                      31OCT CONFIRMATION: B62530DBC46
                            INTERMED CAR AUTOMATIC AIR
                            RATE: USD49.99- .00 UNL DY 25.00- UNL XH
                            RATE GUARANTEED
                            PICK-UP: 433 MASON STREET, SAN FRANCISCO
                            DROP-OFF: 433 MASON STREET, SAN FRANCISCO
SCO

MISCELLANEOUS         28FEB HOUSTON TX
                      THU   ** THANK YOU FOR USING THE TAP **

DASOVICH/JEFF  S0C0011R1000

ASSISTANT: JOSEPH ALAMO 415 782-7841
*******************************************
INTL TVLRS: CARRY SOS WALLET CARD W/ENRON ASSISTANCE INFO
CALL SOS MEDICAL EMERGENCY:IN U.S 800 523-6586
CALL SOS MEDICAL EMERGENCY:INTL 215 245-4707 (COLLECT)
*********************************************
ALL FARES ARE SUBJECT TO CHANGE UNTIL TICKETED/PURCHASED


---------------------- Forwarded by Melba Lozano/HOU/ECT on 12/13/2000 01:26
PM ---------------------------

Dale Neuner
12/13/2000 01:24 PM
To: Melba Lozano/HOU/ECT@ECT
cc:
Subject: Re: Internal FX trades on EOL

Please send this to Sara; it should help jog her memory that Janine has put
this issue to rest. Pay particular attention to the last paragraph in
Janine's message.

Dale

---------------------- Forwarded by Dale Neuner/HOU/ECT on 12/13/2000 01:20
PM ---------------------------

Dale Neuner
11/17/2000 10:42 AM
To: Janine Juggins/LON/ECT@ECT
cc: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert B
Cass/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT
Subject: Re: Internal FX trades on EOL

I think we're there. We've drafted some language for Sara to review and are
waiting for the commerical group to give us the trading times, then we should
be done.

Melba Lozano is following up and handling the product development.

Dale

Janine Juggins
11/16/2000 10:45 AM
To: Dale Neuner/HOU/ECT@ECT
cc: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Internal FX trades on EOL

haven't heard anything since this mail was sent, so just checking whether you
needed any more information/explanation
Regards
Janine
---------------------- Forwarded by Janine Juggins/LON/ECT on 16/11/2000
16:45 ---------------------------

Janine Juggins
10/11/2000 17:16
To: William Stuart/HOU/ECT@ECT
cc: Dale Neuner/HOU/ECT@ECT, Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Sara Shackleton/HOU/ECT@ECT, Shane Dallmann/LON/ECT@ECT

Subject: Internal FX trades on EOL

William,

I work in the London tax group and Dale has asked me to send a few lines to
explain the position with respect to the internal FX products to be offered
via EOL.

1. The internal FX products offered by the FX desk in London will be offered
by RMT acting through the UK regulated agent EEFT. The activities of the FX
desk in London are currently covered by a services agreement between EEFT and
ENA (this will be extended to include RMT for internal trades).

2. The internal FX products offered by the FX desk in Tokyo will need to be
offered by Enron Japan Corp KK. Note that Enron Japan Corp KK will then back
the transactions into RMT, leaving a spread in Enron Japan Corp KK of 2.5bps.

A couple of comments on the difference in structure between Tokyo and London
-
we established that a services agreement structure would not be acceptable
for Japanese tax purposes. This is why we are recommending a back to back
structure using Enron Japan Corp KK. We pushed the Japanese tax advisors very
hard on this point, because this structure will also be needed for external
trades - there are a number of knock on effects, such as potentially
increased credit costs, more ISDAs (since external parties dealing with Tokyo
will be dealing with Enron Japan Corp KK and not ENA).
because this is a cross border transaction the spread left in Japan needs to
approximate the spread which would be earned by an unrelated party executing
similar transactions - the spread of 2.5bps was provided to us by Enron Japan
based on their review of market spreads. Note it should be possible to ensure
that this spread rolls up to Global Markets for management reporting
purposes, whilst leaving it in Japan for financial and legal purposes.

I can therefore confirm that for Tax all remaining questions have now been
addressed, so there is no reason for further delay from our side. If you need
to discuss the above further please call me in the office on 44 207 783 5326
or on my mobile 44 77 88 43 71 95.

Regards
Janine


I tried to approve this a couple of times, so it should be taken care of.

D


Note:  Attached is the Filed version of the IEP Comments on CAISO Amendment
No. 31.  Thanks for your time and comments.

----- Original Message -----
From: Andy Brown <ABB@eslawfirm.com>
To: Steven Kelly (E-mail) <steven@iepa.com>; Katie Kaplan (E-mail)
<kaplan@iepa.com>; <smutny@iepa.com>
Cc: Douglas Kerner <DKK@eslawfirm.com>
Sent: Thursday, October 05, 2000 11:54 AM
Subject: Filed version of FERC filing

> Attached in PDF format is the final document filed at FERC today regarding
> the CAISO price cap filing.  ABB
>
> Andrew B. Brown
> Ellison, Schneider & Harris, LLP
> 2015 H Street
> Sacramento, CA  95814
> Phone: (916) 447-2166
> Fax: (916) 447-3512
> mailto:abb@eslawfirm.com
>
> CONFIDENTIALITY NOTICE:  This communication and any accompanying
document(s)
> are confidential and privileged.  They are intended for the sole use of
the
> addressee.  If you receive this transmission in error, you are advised
that
> any disclosure, copying, distribution, or the taking of any action in
> reliance upon the communication is strictly prohibited.  Moreover, any
such
> inadvertent disclosure shall not compromise or waive the attorney-client
> privilege as to this communication or otherwise.  If you have received
this
> communication in error, please contact the sender at the internet address
> indicated or by telephone at (916)447-2166. Thank you.
>
>

 - 001005_IEP_Mo_Interv_ER00-3673_ISOT_Am_31.fin.PDF


fyi, please add to my schedule.
---------------------- Forwarded by Scott Neal/HOU/ECT on 10/12/2000 06:50 AM
---------------------------

Edward Terry
10/11/2000 08:25 AM
To: Christina Sanchez/Corp/Enron@ENRON, Yvette Hales/NA/Enron@ENRON, Scott
Loving/NA/Enron@ENRON, Lia Halstead/NA/Enron@ENRON, Alvin
Thompson/Corp/Enron@Enron, Joann Collins/Corp/Enron@ENRON, Steve
Gillespie/Corp/Enron@ENRON, Angie Zeman/Corp/Enron@ENRON, Robert
Allwein/HOU/ECT@ECT, Clarissa Garcia/HOU/ECT@ECT, Jesse
Villarreal/HOU/ECT@ECT, Sabra L Dinari/HOU/ECT@ECT, Cindy
Vachuska/HOU/ECT@ECT, Meredith Mitchell/HOU/ECT@ECT, Cynthia
Franklin/Corp/Enron@ENRON, Robert E Lloyd/HOU/ECT@ECT
cc: Tricia Bowen/HOU/ECT@ECT, Beverly Beaty/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT
Subject: Bid Week

Please be prepared to meet with Commercial next week in preparation for
Bid-Week.  Tentatively scheduled for Tuesday, October 17th.

As in our last meeting, be prepared to discuss any issues regarding your
pipelines operations which may effect gas flow and trading decisions for the
month of November.  Also, relay any other "intelligence" gathered from
marketers, suppliers, or customers.

If you have any questions, please contact Victor or myself.


Kudos on our Intranet site.

Mike Hicks
---------------------- Forwarded by Michael Hicks/EPSC/HOU/ECT on 02/24/2000
07:57 AM ---------------------------

Nony Flores
02/18/2000 02:02 PM
To: Melinda Winkler/EPSC/HOU/ECT@ECT
cc: Michael Hicks/EPSC/HOU/ECT@ECT, Janette Elbertson/HOU/ECT@ECT
Subject: Re: Travel/Security Information on Japan

Melinda -

As always, we greatly appreciate your quick response to our emergencies.   As
I mentioned earlier, Mark Haedicke and Alan Aronowitz will be traveling to
Japan on Monday and they will greatly benefit from this information.  Once
again, the Corporate Security information in the Intranet has been extremely
helpful.

Many thanks!
Nony Flores

	Corporate Administrative Services

	From:  Melinda Winkler                           02/18/2000 01:20 PM

To: Nony Flores/HOU/ECT@ECT
cc: Michael Hicks/EPSC/HOU/ECT@ECT
Subject: Travel/Security Information on Japan

Nony,

As discussed, please find travel/security information on Japan attached.

Please let us know if we can assist you further.

Melinda


Start Date: 4/19/01; HourAhead hour: 17;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041917.txt


I'm headed to a lengthy conference call, but I wanted you to have this info.

Anything going on with Manlove?

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 09/28/2000 09:21
AM ---------------------------

Deb Korkmas@ECT
09/28/2000 08:49 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: enovate - yes or no?

Yes, name change was filed on Sept 15.  Deb

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

	Kay Mann@ENRON
	09/27/2000 06:29 PM

		 To: Deb Korkmas/HOU/ECT@ECT
		 cc:
		 Subject: enovate - yes or no?

So do we now have an Enovate/enovate?

Thanks,

Kay


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

To add additional people to this distribution, or if this report has been
sent to you in error, please contact Russell Diamond at x5-7095.

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


Just a reminder that the weekly EGM Management Committee luncheon meeting will take place on Monday, November 26th, from 12:00 to 1:00 p.m. in conference room ECS 03750.  Lunch will be provided and the meeting should last an hour.  Every week the meeting should begin promptly at 12:00 p.m. although Mike and Jeff may occasionally be a little late because this meeting will be immediately following the Corp. Management Committee meeting that they attend every Monday.  This meeting will occur every week at the same time and location unless notified otherwise.

Please let me know if you will not be able to attend.  Thank you.

Cathy Phillips
X-36898


Leslie,

Theresa Mandola with EOL called and the referenced counterparty called her
and is already trading gas with us and would like to start trading power
online.  I looked in my database and we have them shut down for power.  Is
this a counterparty we could open up for power or not?


- Rail Rally Flyer - Oct 17.doc


Your the best....

Thanks Ds

 -----Original Message-----
From: 	Salazar, Maria
Sent:	Monday, February 11, 2002 1:23 PM
To:	Schoolcraft, Darrell; Lohman, TK
Subject:

 << File: tw marketing map 2 11 02 with correction.ppt >>
i'm having the prints made.
they will be on 11x17 in color
100 of them.
maria
5.1790


do you have time to meet this afternoon..... for like 15-30 min..... i suppose....?
aol screen name:  Padron2


why the heck am I getting all the crap on this one....I'm not the one who came back to the table with puke on myself.

 -----Original Message-----
From: 	Lenhart, Matthew
Sent:	Friday, May 04, 2001 2:11 PM
To:	Scott, Susan M.
Cc:	Gillette, Lisa; Bass, Eric; Husser, Shanna; Hull, Bryan; Blanchard, Timothy; Schultea, Adriane; Day, Justin; mmmarcantel@equiva.com; SMTP@enronXgate; Mena, Luis; kevin.a.boone@accenture.com; Jaisinghani, Priya; Seksaria, Rahul; Rehman, Shiraz; Coffman, Christopher; Hiemstra, Nick; Day, Misti; Winfrey, Christa; Ferrara, Julie; Alon, Heather; Hernandez, Lorie
Subject:	RE: Tonight - Front Porch

all i know is we can never go back to teala's.  i don't want to get banned at front porch also SUSAN!


Here's the document that I received from the lobbyist today.  It's the same
document that I distributed internally yesterday.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 05/31/2001 05:26 PM -----

	"Delaney Hunter" <dhunter@s-k-w.com>
	05/30/2001 12:29 PM
	Please respond to dhunter

		 To: "Jeff Dasovich (E-mail)" <jdasovic@enron.com>
		 cc:
		 Subject: Asm Dem Plan

A little something we got our hands on.....
 - Assembly Demo Plan.doc


Suzanne,

 Can you give me more details or email  the plan prior to meeting?  What do I
need to provide besides headcount?
 Otherwise any afternoon next week would be fine

Phillip


The ICE experienced a momentary connection loss to all users.  The system is now reconnected.  If you are experiencing any problem, please log out and back in to rectify.  We apologize for the inconvenience.

IntercontinentalExchange


Here is the info on the tourney.  We are one person short and could really
use your help.  Please try to let me know ASAP whether you can play so I can
explore other alternatives.

Thanks,

Eric
x3-0977
---------------------- Forwarded by Eric Bass/HOU/ECT on 11/13/2000 10:32 AM
---------------------------

	Enron North America Corp.

	From:  Flag Football Challenge @ ENRON                           10/21/2000
10:38 PM

Sent by: Enron Announcements@ENRON
To: Flag Football Invite
cc:
Subject: A&M/UT Flag Football Invitation

Enron and Andersen Consulting are proud to sponsor the 2nd Annual
Aggie-Longhorn
Flag Football Challenge on Saturday, November 18.  The purpose of this event
is to
raise money for both schools, and to enjoy the competitive spirit of the
third oldest rivalry
in college football.  This year's game marks the 107th meeting between Texas
A&M
University and The University of Texas, and, with a little luck, the Big 12
South Title
will be on the line!

Enron and Andersen Consulting are sponsoring the event, but we need your help
as
participants and fundraisers.  Contributions raised will benefit the general
scholarship fund
for each school.

The details:
Date:    Saturday, November 18th

Time:    10:00 a.m. - approximately 4 p.m. (Warm up is at 9:30 am)

Location:   Stratford High School Practice Fields (just off Dairy Ashford,
south of I-10)

Food and Drinks:  Schulze,s BBQ (FREE - courtesy of Enron)

Eligibility:   Full-time employees and/or their spouses
    (Players must have graduated from Texas A&M
 or The University of Texas )

Team Jerseys:  Provided by Enron and Andersen Consulting

Format:   7 players with at least 1 female player on the field at all times

Team Size: Recommend 8-10 players per team (no more than 10 per team)
 Contact the team captains to sign-up.  (Sign-up now to ensure your
 place on a team)

Prizes:    Winning team receives 16 tickets to the A&M/UT game in
Austin on Friday, November 24
    Winning team also owns the "Horns Down/Horns Up" trophy
until next year!

Fundraising Goal  The committee has set a goal of raising $16,000 for each
school.  This will require a contribution of $2,000 per team,
plus an equal amount from corporate matching funds.

Last year's event featured a last-minute comeback as the Enron Aggies Team 1
defeated the Enron
Longhorns Team 1 for the championship and took home the tickets and the
trophy.  This year, expect
the Longhorns (and Andersen Consulting) to come in with revenge on their
minds!

Thanks to the gracious gift from the UT Alumni, who redirected their
donations to the A&M Foundation,
we were able to permanently endow scholarships dedicated to the memory of the
12 Aggies who died
in last year's Bonfire collapse.  We believe this event is a great tradition
for both companies, and we are
pleased to be able to raise important funds for both institutions.

If you are interested in participating or otherwise being involved, you must
contact one of the team captains
below by the close of business on Friday, November 3 (phone or email).  Team
rosters will be filled on a
first-come, first-served basis.

Aggies           Longhorns
Brad Mauritzen  x33272             Webb Jennings x31944
Russ Porter       x58410                  Michael Simmons x37942


Ted:
Lavorato wanted me to check on the $5,000,000 VAR extension.  Is it possible
to get this extended indefinitely until the west basis market settles down?
We will have a good percentage of the west position rolling off over the next
week as well as indices get published.  Please advise ASAP.
John


Group,
The meeting this afternoon will be delayed until next week. I am waiting for more information on UBS. So, next Thursday at 4 PM we will have our meeting with the pizza.
Thanks,
Bill

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Thursday, January 24, 2002 10:24 AM
To:	Crandall, Sean; Scholtes, Diana; Fischer, Mark; Alonso, Tom; Mallory, Chris; Williams, Bill
Subject:	Deal Entry
Importance:	High

If you are still entering deals into Enpower for Jan 24 going forward, please use EPMI-WEST-PERFORMANCE for the trading desk. This desk represents all deals where we are still meeting contract agreements or doing any pre pays etc.

John


Have you been able to get ahold of them for problems in the past week?  They
were really bad, and I complained, I want to know if they have gotten better
before I start sicking traders on them.

c


Attached please find the Natural Gas market  analysis for today.

Thanks,

Bob McKinney
 - 12-28-01 Nat Gas.doc


Here is the Seetin e-mail.  This is actually complaining about the "Fair
Plan' which came out last week.  I have a call into Bob Levin at NYMEX.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 06/07/2001 01:28 PM -----

	Gary Ackerman <foothillservices@mindspring.com>
	06/07/2001 01:07 PM
	Please respond to foothillservices

		 To: Sue Mara <smara@enron.com>
		 cc:
		 Subject: [Fwd: "Newest" Edison Bailout Plan Has A Familiar Sound]

Return-Path: <nymex2@unidial.com>
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From: "Mark Seetin" <nymex2@unidial.com>
To: "Andrew Skaff" <askaff@energy-law-group.com>,        "Assemblyman David
Kelley" <assemblymember.kelley@assembly.ca.gov>,        "Brad Williams"
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Cc: "Charlie DeWitt" <nymex4@unidial.com>, "Robert Levin"
<rlevin@nymex.com>,        "Neal Wolkoff" <NWolkoff@nymex.com>
Subject: "Newest" Edison Bailout Plan Has A Familiar Sound
Date: Thu, 7 Jun 2001 11:42:39 -0400
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?

?

To:? Direct Access Coalition Members

From:? Mark Seetin, New York Mercantile Exchange

SUBJECT:? Hertzberg/ Edison &new8 proposal is &de ja vu all over again!8

?

?????? When it comes to having nerve, SoCal Edison takes second to no one.?
The latest rescue proposal announced by Speaker Hertzberg has a familiar ring
to it*--- like the dinner bell at the shark tank at Sea World.?

?

The Hertzberg memo and a Dow Jones story are included in this memo.? A
summary of the primary terms of Hertzberg/Edison,s plan is as follows:

?

o???????? &Large8 users of electricity (500 kw and up) would have direct
access after two years.

o???????? Residential and small businesses would be &re-regulated8

o???????? The &ransom8 for direct access is that businesses would be required
to retire Edison,s $3.1 billion or so in debt*and that the obligation would
&follow8 them to the land of direct access

?

Does anything sound familiar here (hint*think AB 1890 without the surplus
budget and electricity of 1995)??? Remember the 1995 CPUC action and 1996 AB
1890?? SCE was a very active and influential player in that process.? Here,s
a short review of AB 1890:

?

o???????? Direct access would be allowed (projected to be about 1998) after
the utilities stranded costs were retired.? (Note: At the time of the
bankruptcy of the PX in March 2001, direct access was not just elusive---it
had been banned by the passage of AB ) 1X in January.)

o???????? The state created California Power Exchange was mandatory for the
utilities*though by 1999 they began urgently to use alternatives, they were
refused on at least four occasions by CPUC action, to use sources outside the
PX.

o???????? Stranded costs, determined inside the PX pricing mechanism were
applied to all transactions that occurred outside the PX, thus the obligation
&followed8 those seeking an alternative market to the PX.

o???????? The mandatory PX forced the market into a day-ahead pricing scheme
that effective placed the vast majority of California electricity pricing
into the volatile spot market.

?

If this were not California, one would have to say that this is
&unbelievable,8 but the legislative/regulatory track record since 1995 in
California is consistent, if anything.? Adoption of this plan would not only
mean that Californians did not &get the baby (direct access) after paying the
ransom (the Competition Transition Charge, CTC)8 since 1996----BUT, they,ve
been taken hostage themselves now, and another ransom is due.?

?
California Kafkaesque

??????????? Since the beginning of the deregulatory process in 1994-95,
California has taken a novel approach to its energy markets---Unfortunately,
that novel must have been written by Franz Kafka.

?

?

?

Hertzberg/Edison Plan

A Fair Plan for California

Assembly Democratic Caucus

?

What the California public believes about the energy crisis:

?

Utilities are to blame.
Out-of-state generators have made huge profits.
We need to build more power plants to keep up with demand.
Deregulation is a failure.
The economy of the state is at risk.

?

What the public wants in a solution to the energy crisis:

?

Re-regulation (restore balance to system).
Very small, if any, rate increases.
Reliability of supply (no more blackouts).
No permanent damage to environment, more emphasis on renewable sources.
Penalties for those who gouged the state.
Guarantee this won,t happen again.

?

Themes of the Fair Plan:

?

Federal role:? The feds have refused to obey the law to maintain fair &
reasonable rates.
Restore fairness:? Solutions must protect residential and small business
users.
Re-regulation:? Reassert our authority over California,s energy destiny.
Stability & Reliability:? Increase supply and keep a lid on rates.

?

?

Goals of the Fair Plan:

?

Provide customers with reliable power and stable rates.
Restore regulated utilities to credit-worthiness to enable them to resume
role of energy supplier.
Ensure that mega-users of electricity have direct access to independent
electricity providers to protect California,s economy.

?

?

Many elements of the proposed Edison MOU remain unchanged, except for:
Option to purchase the transmission system.
Re-regulates service for all residential and small business consumers.
Provides direct access to providers for mega-users above 500 kW.
Mega-users pay DRC to cover SCE debt.

?

Added elements to the MOU
Transmission option at book value.
Federal tax refund must be applied to debt.
SCE purchases net short only for residences and small businesses, if
necessary.
PUC retains jurisdiction over rates.
EIX provides assurance to keep SCE creditworthy.

?

?

Residential & Small Protection Plan
Protects 99.9% of all customers (those who never peak above 500 kilowatts)
who utilize 81.5 % of load???????????
Will be served by SCE through native generation, bilateral contracts
(including QFs) and Sunrise
Present average PUC bundled rate = 15.7 cents per KW hour
Under Fair Plan, average rate would be 14 cents per KW hour including AB1X
payments

?

Mega-Users Direct Access Plan
Mega-users peak demand 500 KW or more represent 3,600 SCE customers and 18.5%
of total load
Mega-users would gain direct access to the wholesale market

?

Mega-Users Direct Access Plan (continued)

Current average PUC rate = 12.98 cents/KW hour

Fair Plan average wholesale price in 2003 = 12 cents per KW hour

Mega-users would pay SCE,s $3.5 billion debt minus $400 million+ dollars tax
refund from EIX
DRC for debt and cost of electricity fits within existing PUC rates

?

Dow Jones Story

LOS ANGELES (Dow Jones)--A plan that would put most of the burden of rescuing

embattled Edison International (EIX) unit Southern California Edison on large

businesses "has possibilities" if it can gain stakeholder approval, said Bob

Foster, Edison's senior vice president of public affairs, during a conference

call Tuesday.

?

The plan would have customers who use more than 500 kilowatt-hours a month of

electricity finance the cost of power the utility must purchase, or have

purchased on its behalf, in the wholesale market. The "non-core" customers
would

also help the utility recoup most of its $5.5 billion in unrecovered power
costs

through a surcharge on their bills.

?

"Core" residential customers would be protected from the wholesale power
market

as the primary beneficiaries of the low-cost power the utility generates
itself

or has secured through long-term contracts.

?

Assembly Speaker Bob Hertzberg, D-Van Nuys, strongly supports the plan, and
has

asked a former Sacramento mayor to help him take the temperature of Edison

stakeholders "to see if the approach has merit or can be acceptable," Foster

said.

?

"Some of the legislative leadership believes this is an attractive option in

both houses," Foster said.

?

Business groups worry that the plan could cost the state billions in lost

economic activity, because it may force companies to relocate to other states.

?

The core/non-core proposal is one of several being discussed by lawmakers as

alternatives to a memorandum of understanding reached between Edison and Gov.

Gray Davis in April. The MOU, which would have the state buy the utility's

transmission lines, has been pronounced dead by many in the legislature,
though

Edison and Davis' administration say they are still devoted to seeing it
through.

?

?


----- Forwarded by Tana Jones/HOU/ECT on 09/18/2000 06:04 PM -----

	Michael Neves
	09/18/2000 05:36 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: "Other Agreements" in Lotus Notes

This request has been completed.

Also, I spoke with a contact in IRM and they said that the best way for Jason
to keep is access would be to maintain his NT and Notes accounts and have him
set up his Laptop/Desktop with a Terminal Server client.  With this Terminal
Server client he can access the Enron network as if he's in the office (a
little/lot slower).

To get Terminal Server:  from his Enron Corp desktop he should click
"Start-Programs-Utilities-Make Terminal Server Client Disks"  -  Then of
course he needs to install TS on his machine at A&K (or home).

Let me know if you/he has any questions.

Mike 3-3363

From: Tana Jones on 09/13/2000 08:51 AM
To: Michael Neves/HOU/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Laurel
Adams/HOU/ECT@ECT
Subject: "Other Agreements" in Lotus Notes

Per our conversation yesterday, we would like to open the "Other Agreements"
information in the Financial Trading Agreement Database to members of the
Interest Rate and Currency Desk.  If possible, we would also like them to see
the comments screen.  The people who will need access are Laurel Adams,
George Garcia, Sheila Glover, Kelly Templeton, Teresa Brogan.

As usual, we would like to get them access ASAP.  Can you keep me posted on
their access.  Thanks!


Fax the attached word document to Jeff ASAP, thanks.
---------------------- Forwarded by Steven J Kean/NA/Enron on 05/24/2001
10:05 AM ---------------------------
From: Jeff Dasovich on 05/18/2001 11:50 AM
Sent by: Jeff Dasovich
To: sryan@aesc.com, bbailey@duke-energy.com, Lynn.A.Lednicky@Dynegy.com,
john.harrison@elpaso.com, rachel.king@elpaso.com, clark.smith@elpaso.com,
skean@enron.com, tom.allen@mirant.com, sonnet.edmonds@mirant.com,
randy.harrison@mirant.com, alex.goldberg@williams.com
cc:

Subject: Comprehensive Solution

These are the materials that Ken Lay used in his discussions with California
business leaders.  The word document was provided as background.  Please keep
confidential and if I've missed anyone please forward along.  Comments are
welcome and appreciated.

Best,
Jeff


o U.S. Venture Partners to Close Soon on $1 Billion Fund

MENLO PARK, Calif. -- U.S. Venture Partners (USVP),
a venture capital fund, said it expects to close
a $1 billion fund soon. USVP, founded in 1981, focuses
on early stage opportunities in Internet, communications,
software, semiconductors, medical and consumer branded
sectors. To date, the company has invested over
$700 million in 240 early stage companies.
http://www.usvp.com/
_____________________________________________

o Adams Capital Management Closes Third Fund for $420 Million

SWEICKLEY, Penn. -- Adams Capital Management said
it closed its third fund with $420 million, bringing
its total under management to $700 million. The
firm said its original fundraising goal for its
new fund was $300 million. Investors in the fund
include Allegheny Technologies, Erie Indemnity,
Ft. Washington Investment Advisors, Invesco Private
Capital, State Teachers Retirement System of Ohio,
and the University of Richmond. The firm said the
new fund would increase its level of investment
and invest between $15 million and $30 million per
company in some 20 portfolio firms. Adams Capital
said it invested $7.5 million from its new fund
in Intrinsity, an Austin, Texas-based fabless semiconductor
company.
http://www.acm.com/
_____________________________________________

o Security Firm Appgate Raises $10.2 Million Third Round

STOCKHOLM, Sweden -- Bure Equity, which provides
consulting and incubator services, said it invested
SEK 7 million ($716,000) in security company Appgate
as part of a $10.2 million third round. ABN Amro
and GE Equity also invested in Appgate. Together
with its existing indirect holdings, which it owns
through CR&T and Innovationskapital, Bure Equity's
ownership in Appgate now amounts to 42.5 percent.
Appgate was originally part of CR&T, a Bure-owned
company. The company said it would use the funds
to expand into the U.S. and Great Britain. Appgate's
product is a security program which protects networks
against attacks from within and allows the system
administrator to define rights of access at a very
detailed level. T-Venture, the corporate venture
capital arm of Deutsche Telekom, took a 10% equity
stake in Appagate in its second round in January.
In its first round AppGate sold a 10% stake to Norwegian
Fund for $1.4 million.
http://www.appgate.com/
_____________________________________________

o Information Management Firm PurpleYogi Has $13.8 in Series D

MOUNTAIN VIEW, Calif. -- PurpleYogi, a creator of
distributed information management software called
Discovery Systems, said it completed its Series
D round of funding with $13.8 million, led by At
India. H&Q Asia Pacific is a lead investor in and
strategic partner for At India. Previous investor
Softbank Venture Capital participated, as did Infosys
Technologies and individual investors. The company
will use the funds to expand its product, sales,
and development team.
http://www.purpleyogi.com/
_____________________________________________

o Visual Search Engine for Web, Room102.com, Launches

HOUSTON, Texas -- Room102.com, a visual search engine,
announced its launch. Room102.com enables Web users
to preview snapshots of Web sites before actually
loading them into their browser. The company shows
pictures as opposed to text to show what a Web site
includes. The company was founded by Jeff Morgenthaler,
who is also the company's president and CEO. Mr.
Morgenthaler was previously an attorney at Frontera
Resources, an oil and gas startup. The company has
raised $1.5 million from individual investors.
http://www.room102.com/
_____________________________________________

o Online Stock Distributor EO Acquires Online Issuer EPO.com

LONDON -- EO, an online share distribution platform
for retail investors, said it entered into an agreement
to acquire EPO.com, an online issuing house specializing
in electronic public offerings. The amount of the
deal was not disclosed, but the acquisition took
place as an all share transaction valuing EO shares
at GBP 1.50 each ($2.18). Ola Lauritzson, current
CEO of EPO.com, has been asked to join the EO board
as marketing director. EO is backed by GlobalNetFinancial.com
and New Media Spark. EPO.com's investors include
BancBoston, Zebank, Catella IT, and Catalyst Fund
Management & Research.
http://www.eo.net/
http://www.epo.com/
______________________________________________________-

o New Partners, Principals Named at General Atlantic Partners

GREENWICH, Conn. -- General Atlantic Partners, a
private equity firm, said it has appointed Braden
Kelly, Tom Tinsley, and Florian Wendelstadt as partners.
Mr. Tinsley is the former chief executive officer
and chief operating officer of Baan Company. Mr.
Kelly serves on the board of HEALTHvision and Predictive
Systems. Mr. Wendelstadt, a former associate at
Bain & Company, was more recently a principal at
General Electric. In addition to naming new partners,
the company said it has appointed Vince Feng, Drew
Pearson, Bill Hildebolt and Phil Trahanas as principals.

http://www.gapartners.com/
_____________________________________________


So the impaler might not have been too dramatic!  Have fun tonight!

Alexandra Saler@EES
12/11/2000 04:57 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re:

how about Ali "I hate PMS" Saler?

To: Alexandra Saler/HOU/EES@EES
cc:
Subject: Re:

How about Ali "the impaler" Saler?  Or is that too dramatic?


Tony

Wow I don't think so.   I thought I would rewrite yours and correct some of
the factual errors.  If you disagree please write me back.

I moved from our Houston office in 1994 to Calgary and in 1999 was named
President of the Canadian operation.  We went from a small gas marketing shop
to the dominant natural gas trader and originator in Canada.  It was
absolutely awesome.  I had the time of my life.  We built the business with
very little supervision from Houston into a major contributor to Enron Corp's
bottom line.  These days, as many people know, we are using the same trading
and risk management skills that we learned in the energy business to create
liquid tradable markets in bandwidth, pulp and paper, coal, and many others.
So our newer people still have the chance to do what I did in Canada and help
build revolutionary new businesses.

What a lot of people don't realize is how dominant our trading and risk
management presence is in Natural Gas and Power.  The opportunities our
outstanding and the challenges will test the best minds out there.  These
businesses are interesting and very complicated with a million different
variables to figure out ranging from the weather to the levels of gas storage
in Montana to how to move power from New York to South Caralina.  You can't
put gas and power on a truck or store them in a warehouse like other
commodities.  Its not like trading bonds, where you sit around and try to
figure out what the Fed is going to do.  It has much more complexity, and if
you like trying to solve complex problems and your good at it.....get down
here! .... we need you!

John's callout quote

Enron's not a place where you can hide.  If you can't get it done you won't
fit in.  But if you can, and you work hard, you'll get noticed, you'll
excell, you'll get paid, and we're going to love you.


See bottom two for details of plan
 - 18.xls
 - ESESMessageActionMemo.doc
 - ESESActionCalendar.xls


We lost about 15% to layoffs and we lost about 40% to the estate (staying with Enron).  The remaining people are going to UBS.  We will see what happens.  How are things with you?  Talk to you later.
PL

 -----Original Message-----
From: 	"Rahmaan Mwongozi" <rmwongozi@hotmail.com>@ENRON
Sent:	Thursday, January 24, 2002 5:04 PM
To:	Love, Phillip M.
Subject:	Glad to see you

Glad to see that you are still working.  Was the fallout big on the floor?  Who's still around?

Send and receive Hotmail on your mobile device: Click Here << File: 'http://go.msn.com/bql/hmtag2_etl_EN.asp' >>


Attached is a revised Credit Watch listing for the week of 5/21/01.   Please note that The Paralan Company and SGL Carbon, LLC were added to the Credit Watch List.  Also, Southstar Energy Services, LLC had been moved to "NO TRADES".
If there are any personnel in your group that were not included in this distribution, please insure that they receive a copy of this report.
To add additional people to this distribution, or if this report has been sent to you in error, please contact Veronica Espinoza at x6-6002.
For other questions, please contact Jason R. Williams at x5-3923, Russell Diamond at x5-7095, or Veronica Espinoza at x6-6002.


Attached are PacifiCorp's proposed revisions to the draft answer.

Per A. Ramfjord
Stoel Rives LLP
(503) 294-9318

>>> "Kimberly Curry" <kcurry@bracepatt.com> 03/15 4:24 PM >>>
All:

Attached is a draft of our Answer in Opposition to the PX's February 26
Request for Clarification, on in the Alternative, Request for Rehearing, of
FERC's Feb. 14 Order Rejecting its proposal to relax its creditworthiness
requirements.  If you have any comments or revisions, please let me know as
soon as possible.  You may contact me by return email, or by phone at (202)
828-7623.

Kim

 - Stoel Rives Revisions Answer.wpd


Start Date: 1/30/02; HourAhead hour: 13;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002013013.txt


AGA for 5/18/01 is 118

*Volumes in the Consuming Region East, for the week ending May 11, 2001, have been revised to reflect a revision of data for one company in the Consuming Region East.


Take a look at this for me.  Thanks.

DG
---------------------- Forwarded by Darron C Giron/HOU/ECT on 04/30/2001
08:38 AM ---------------------------
From: Trey Hardy/ENRON@enronXgate on 04/27/2001 10:42 AM
To: Darron C Giron/HOU/ECT@ECT
cc:
Subject: HS Energy

Darron:

I am trying to track an origination for Fred Lagrasta.  Sherry Dawson said
you would probably be the one to grant this origination.  The deal is HS
Energy and the Deal number is V58190.  Fred would like to have this granted
in April, so if I need to give you any additional information please let me
know.

Thanks

Trey Hardy


Attached is the latest weekly electric report

Also attached is the schedule for workshops for guidance in establishing
RTOs. (Note:  Atlanta workshop has changed from April 5-6 to April 6-7).


Amelia, just wanted to make sure that you had Jeff signed up...I'm sure you
probably do!  SRS


This is a must attend if you will be conducting a job search during fall 01
and spring 02.
If you are within 1yr. of graduating and want to participate in the
?On-Campus-Recruiting program you will need to know this information.
EveMBA Job placement and salary information for evening students will be
available via BearTracks this training session will show you how to log-on
and access the EveMBA salary information.

Tues. 4/24 & Wed. 4/25 BearTracks training at 7:30 P.M. Career Center
Conference room S420.

BearTracks is the gateway to gaining information on: Company presentations,
gathering hiring manager contact data for a proactive jobsearch, posting your
resume and bidding on interviews with companies conducting
On-Campus-Recruiting (this option can only be exercised when you are within
12 mos. of graduating), exploring internship opportunities, recording job
placement data while in the EveMBA program and placement data upon
graduation, plus you will be able to access aggregate salary placement data
unique to EveMBA students.? Make sure and attend this training, it will give
you a head start for all of the fall career related activities.

WHERE:? Career Center Conference room S420

John Morel
Associate Director of Career Services
for Evening MBA and MBA Alumni
Ph# 510-642-7731
Fax # 510-642-9387
morel@haas.berkeley.edu


_______________________________________________________________

This message and any attachments are intended for the individual or entity
named above.  If you are not the intended recipient, please do not read,
copy, use or disclose this communication to others; also please notify the
sender by replying to this message, and then delete it from your system.
Thank you.
_______________________________________________________________

Tom Irwin asked that we contact you each of you directly on behalf of
Allegheny to ask the following environmental due diligence questions that
we have not resolved based on our review of the Dealbench documents.
Please, however, feel free to reference specific documents on Dealbench if
you believe they would be useful.

Questions for All Facilities

1.  What are the limitations on the number of hours that each facility can
operate and what is the source of those limitations?

2.  We understand that there are tentative expansion plans for each
facility.  Were these future expansion plans disclosed to the regulating
agencies at the time that the air permits were applied for, particularly at
those facilities which did not undergo PSD review?

3.  Which facilities are required to perform continuous emissions
monitoring pursuant to its air permits?  For those facilities performing
CEM, please provide the last two years of data.

4.  Are the facilities FERC jurisdictional for environmental impact
statement purposes pursuant to 18 C.F.R. Part 380?  We noticed that the
only facility with information about this issue was the pipeline at
Lincoln, although the information seemed to suggest that only the pipeline
was subject to the EIS process.  See 2.02.12.G.  Was the rest of the
Lincoln facility subject to the EIS process?  What was the outcome of the
EIS process for the pipeline?

5.  What is Enron's understanding of the process required to transfer the
environmental permits for each facility in connection with the proposed
transaction?  For example, the 1995 stormwater permit for LV Cogen appears
to be triggered by a change in control of the facility.  See 6.02.03 at
page 16.  Do other permits have similar provisions?

6.  Will any environmental property transfer or comparable statutes (e.g.
the Illinois Responsible Property Transfer Act) be triggered by the
proposed transaction?

7. We have reviewed the United States Environmental Protection Agency
comments for the air permit at LV Cogen II, as discussed below.  Did U.S.
EPA provide any additional comments on the air permits for LV Cogen II or
any other facility?

Lincoln Facility

1.  Does the Lincoln facility have an air operating permit from the
Illinois Environmental Protection Agency?  If so, please provide a copy.
If not, please explain status.

2.  Were any wetlands impacted by the construction of the facility and, if
so, what permits were obtained?  Will any wetlands be impacted by future
expansion plans?  ENSR's conclusion on this issue seemed unclear,
particularly with respect to the 30 acre parcel.  See 02.03.09C.

Gleason Facility

1.  Does the Gleason facility have an air operating permit from the
Tennessee Department of Environment & Conservation?  If so, please provide
a copy.  If not, please explain status.  We also noticed that the
construction permit expired on October 1, 2000.  See 02.01.02.  Was it
renewed?

2.  What is the status of the petition for variance to the Tennessee
Department of Environment & Conservation for alternative testing and
monitoring methods under NSPS Subpart GG dated April 17, 2000?  See
02.01.04B.  What is the status of the letter requesting a waiver of certain
source emission tests dated April 18, 2000?  See 02.01.04A.

3.  Is there enough water to support an expansion of the facility at
Gleason?  Please provide any testing/analysis that has been performed with
respect to this issue.

Wheatland Facility

1.  We understand that the Wheatland facility may seek a NPDES permit to
discharge wastewater directly to the White River.  How is this wastewater
currently managed?  Why is the facility considering changing the management
method to direct discharge under a NPDES permit?  If there are associated
cost savings with a NPDES permit, what are they estimated to be?  We
understand that the source of the water that is discharged is a pond
associated with mining operations.  Who is the owner of the pond?  Are any
water extraction permits needed to remove water from this pond and, if so,
have they been obtained?  We also understand that sampling was recently
performed of the water.  Please provide copies of this analysis and any
associated documentation.

LV Cogen

1.  The Industrial User Discharge Permit on Dealbench appears to have
expired on July 1, 2000.  See 6.02.02.  Was it renewed?  If so, please
provide copy.

2.  The stormwater discharge permit for LV Cogen appears to be expired.
See 06.02.03.  Was it renewed?  If so, please provide copy.

3.  Does Sunco hold any environmental permits in its own name?  If so,
please provide copies.

LV Cogen II

1.  EPA contends in its March 23, 1998 and March 24, 2000 letters that BACT
for LV Cogen II was SCONOx and/or XONON.  See 06.01.09.1.   How was this
issue resolved?  Can LV Cogen II meet the 2 ppm NOx limit in the draft
operating permit with the technology that has been proposed?  See 06.01.15.

2.  It appears that the State of Nevada has contended that certain
equipment replacement should have undergone new source review in their June
13, 2000 memo.  See 16.03.6.    How was this resolved?  What is EPA's view
on this issue?


fine with me, thanks

justin

-----Original Message-----
From: Haedicke, Mark E.
Sent: 04 October 2001 21:22
To: Evans, Mark (London Legal); Boyd, Justin; Simons, Paul
Subject: FW: ISDA -- Energy and Developing Products in London

Mark, Justin, Paul: Do you have any comments on the agenda?  Let me know and I will forward them on.  Mark

-----Original Message-----
From: Liz O'Sullivan [mailto:LOSULLIVAN@isda.org]
Sent: Thursday, October 04, 2001 8:56 AM
To: Mark Haedicke; 'christophe.chassard@rwetrading.com'
Subject: ISDA -- Energy and Developing Products in London

I am writing in regards to ISDA's Energy and Developing Products conference
in London on December 4, 2001.  Attached is a copy of the final agenda for
your review.  Thank you both for your input and expertise.

 <<draft3.doc>>
Please let me know if you have any more suggestions to improve the agenda
before it goes to print.

Again thanks,
Liz

Liz O'Sullivan
ISDA
600 Fifth Avenue
Rockefeller Center - 27th floor
New York, NY 10020
Phone: (212) 332-2559
Fax: (212) 332-2561


OK. One more change, just this one though. I swear. Really.

The Texas Budget Meeting will be this Friday, February 4th, from 1:00 - 2:00
pm in Conference Room 3084.  The time and location have changed.

If you have any questions or concerns please call.

Yvette
x3.5953
---------------------- Forwarded by Yvette G Connevey/Corp/Enron on
02/02/2000 08:48 AM ---------------------------

	Enron North America Corp.

	From:  Yvette G Connevey                           01/31/2000 04:32 PM

To: Steve Venturatos/HOU/ECT@ECT, Mary M Smith/HOU/ECT@ECT, Rita
Wynne/HOU/ECT@ECT, Lisa Csikos/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Pat
Clynes/Corp/Enron@ENRON, Lisa B Cousino/HOU/ECT@ECT
cc: Ragayle Pellum/HOU/ECT@ECT, Pamela Chambers/Corp/Enron@Enron, Brenda F
Herod/HOU/ECT@ECT

Subject: Review Texas Budgets Meeting

Please plan to attend a Texas Budget Meeting this Friday, February 4th, from
9:00 - 10:00 am in 37C1.

If you have any questions please call.

Thank You!
Yvette
x3.5953


Kim, please forward to the traders.  I think the schedulers have this already.

Please forward:  Room Change


Most useful buttons for you will be "Executive Summary" and "Cold Air Alert"

http://ecthou-webcl1.nt.ect.enron.com/research/Weather/WeatherMain.htm


Attached is the preliminary agency agreement related to the Cleburne Plant.
This is strictly confidential, so please do not pass this info on to others.
I will let you know when we have finalized the contract and send you a copy.

D
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 12/08/2000
01:04 PM ---------------------------
From: Sandi M Braband on 11/21/2000 10:36 AM
To: Garrick Hill/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Gas Management Agreement

Attached is the red lined draft of the Gas management Agreement with the
changes we discussed. Please review and give me your comments. If you can
supply any of the needed Notice info in Section 8 please let me know---


Please accept changes and print two execution copies.  Thanks.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/22/2000 09:22
AM ---------------------------

	Enron de Mexico

	From:  Steve Irvin @ ECT                           12/20/2000 04:39 PM

To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Revised Amended and Restated Termination Agreement

Kay,

Do you know who signed on behalf on ENA on this agreement back in June, and
if so can you notify them that this needs to be signed again with the lone
amendment being the Counteparty to ENA on the original LOI was General
Electric Company, not GE Power Systems and GE Int'l.  Let me knwo if you have
any questions.

Steve

---------------------- Forwarded by Steve Irvin/HOU/ECT on 12/20/2000 04:34
PM ---------------------------
From: Peggy Banczak on 12/20/2000 04:19 PM
To: Steve Irvin/HOU/ECT@ECT
cc: rstephens@bracepatt.com, elopez@bracepatt.com
Subject: Revised Amended and Restated Termination Agreement

Steve:

Attached are both a black-lined and a clean version of the referenced
document which was revised upon receipt of a copy of the final version of the
Termination Agreement.


Please delete if you are not enrolled in E210
?Competitive Strategy?

This is a reminder to everyone that we will NOT have a
class today.

It was decided in last week?s class, via popular vote,
to skip today?s class.

Happy Thanksgiving.

M. Asif
EvMBA, Class of 2003
Haas, UC Berkeley


Here's the re-formatted PG&E cash report.  Let me know if you have any
questions are updates.

Thank you,

Julissa Marron


I have created two new deals in Sitara.  You will need to get with someone in
Volume Management to reallocate volumes from the old tickets to the new deals
for Jan-Sep.  The Logistics group will be able to adjust October forward.

Deal #s:

144052 --> 440092
144049 --> 440093

Let me know if you have any questions.

D

Tina Valadez
10/16/2000 11:50 AM
To: Daren J Farmer/HOU/ECT@ECT
cc: Cyndie Balfour-Flanagan/Corp/Enron@ENRON, Kristen J Hanson/HOU/ECT@ECT
Subject: Re: Koch Midstream Services Co

Please change the Sitara tickets dating back to January 2000 and let me know
when you are finished.

Thank You,
Tina Valadez

Daren J Farmer
10/16/2000 11:15 AM
To: Tina Valadez/HOU/ECT@ECT
cc: Carlos J Rodriguez/HOU/ECT@ECT, Kristen J Hanson/HOU/ECT@ECT
Subject: Re: Koch Midstream Services Co

Since Koch has told you that they sold the properties to Duke, I would say
that Duke should be paying us for the gas.

I had heard that Koch sold the properties to another counterparty, but I
wasn't sure to whom.  I either talked or left a message with someone in the
settlements area about two months ago about this after Koch informed the
trader that they should not be getting the invoices.  However, I never heard
back from anyone.

This is related to the CES acquisition which came online the first of this
year.  The deal info we had at the time had this sale booked to Koch.  I can
change the tickets in Sitara to the Duke counterparty (or create new tickets)
today if you need me to, so that we can get the invoice out the door.  You
will still need to coordinate with the contract group in getting the correct
contract in place for the deal.

D

Tina Valadez
10/10/2000 10:18 AM
To: Carlos J Rodriguez/HOU/ECT@ECT
cc: Kristen J Hanson/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT
Subject: Koch Midstream Services Co

I have been billing Koch Midstream Services Co under ENA for meters
LL-1-0030-Comitas (Sitara #144052) and LL-1-0027-Volpe (Sitara #144049).  My
former accounting contact at Koch, Michael Thomas, said that Koch sold these
south texas assets to Duke Energy Field Services back in 1999.  Michael faxed
a contract which I forwarded to Cindy Balfour Flannigan in the contract
area.  Cindy said she can't tie the deals in the contract to our system so
she can't recognize the assignment.  Cindy has left messages with Koch, but
she has not been able to resolve the issue.    Koch is refusing to pay for
the gas and there is currently over a million dollars outstanding relating to
these deals.  I need to find out whether Koch or Duke is responsible for
paying for this gas.  Do you have any information regarding this issue?

Thanks,
Tina Valadez
3-7548

---------------------- Forwarded by Tina Valadez/HOU/ECT on 10/10/2000 10:03
AM ---------------------------

	From:  Ami Chokshi @ ENRON                           10/09/2000 02:47 PM

To: Tina Valadez/HOU/ECT@ECT
cc:
Subject:

Tina,

With regards ti the Koch Midstream, you could talk to Daren Farmer about it.
Also, Carlos Rodriguez could help.

Ami


-----Original Message-----
From: Fairchild, Tracy [mailto:tracy.fairchild@edelman.com]
Sent: Wednesday, August 29, 2001 2:46 PM
To: 'arem@electric.com'; 'nplotkin@rcsis.com'
Cc: Manuel, Erica; Allen, Stevan; 'douglass@energyattorney.com'; Denne,
Karen
Subject: AReM's first news story from statement: Bloomberg-- California
Plan to Suspend Power Choice Is Illegal

AReMers--

Dan Douglass and I just finished doing three interviews with the LA Times,
SF Chronicle and a a second interview with Bloomberg for publication later
today.  They all went well, especially with the SF Chron because the
reporter, Bernadette Tansey, is knowledgeable and interested.  The first
Bloomberg story is attached below.  The Ontario Inland Daily Bulletin is
working on a story today as well. AP plans to write about this story next
week, closer to the hearing.

Also:  reporters want to talk to customers who may be caught in this mess
because they signed after July 1.  PLEASE FORWARD A FEW CONTACTS.  THEY MUST
BE OUT THERE. THANKS.

A new twist to stress in any media interviews you may do:  tell reporters
that the PUC does not regulate ESPs, their customer relationships or
contracts.  This is mentioned in the legal memo but not the statement and it
helps to underscore the absurdity of the retroactive draft decision.


Rob, independent of dotted/solid lines, you already have the primary and
complete responsibility to manage the office and the business.  At the risk
of being bold,  I think the undercurrent of your note and your discussions
with Haedicke over the last couple of days is a matter of absolute control.
Ownership and passion are important characteristics of our best commercial
people but so is fostering a diversity of opinions and ideas.  With the back
and mid office,  the current Enron model is based upon scale and
standardization which generates tremendous operating leverage.  Further, it
helps us manage risk and is a board mandated control issue.   In the
long-run, it is actually less costly (ie) systems that don't work together,
less transferable human capital, un-managed legal risks, etc.

A lot of your points are very valid and Haedicke has never and never will get
in the way of managing commercial business; however, Mark, Wes, Sally, Beth
et al have a mandate to provide a flexible, scalable but standardized
delivery mechanism, that manages our risk across the broad empire.  Don't
quit protecting the business and your people; however, please help accomplish
some of these goals as well.

In short, I would like to keep the reporting structures the same.

Lets take the earliest opporunity to discuss this.

Regards
Delainey

---------------------- Forwarded by David W Delainey/HOU/ECT on 11/02/2000
09:41 AM ---------------------------

Rob Milnthorp
11/02/2000 09:17 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Reporting Structure

Dave, at the risk of rocking the boat, I would like you to consider the
following. As you know, with the exception of Origination & Finance, all
other Canadian departments (Trading, Legal, Ops, Acctg, HR, Govt, & IT)
report directly to someone in Houston while having a dotted line to me.

In my mind, this is completely backwards (ie. it should be a solid line to
me, and a dotted line to their respective counterparts in Houston) for the
following reasons. First, performance feedback is not communicated to these
individuals in a timely manner if at all. Even when it is, more times than
not, it is perfunctory in nature. In fact, I think that feedback is given
somewhat reluctantly because the manager  in Houston has really no idea
whether the individual in Canada is doing a good job or not.

Second, it is sub-optimal. I seem to be spending more and more time dealing
with issues between the Canadian employee and their respective manager in
Houston. Many of these conversations revolve around my first point. Case and
point, we almost lost Laura Scott earlier this year because she was feeling
unappreciated and felt that her boss had no idea the hours/effort she was
putting in. And just yesterday, I had a very unsatisfactory phone call with
Mark Haedicke regarding Peter Keohane. The result - I now have a very
demotivated lawyer on my hands.

Third, it is costly. Having senior people fly up to Calgary/Toronto to "stay
in the loop" and to complete performance reviews is both costly from both a
dollar and time perspective.

Frankly, I'm not looking for more performance reviews to do, but I do think
its important that staff receive meaningful feedback in a timely fashion. I
know what these people do - I work with them every day. It is my job to lead,
inspire, and motivate but lately it feels like it is my job to liase between
Houston and the employee.

I would appreciate your thoughts on this.

Regards
Milnthorp