Dear Vince & Grant,

Thanks very much for the offer to go to Houston as a Manager to work with
Tanya Tamarchenko on VAR and credit risk within the Houston Research Group,
as we discussed on the phone yesterday.  I felt that it would be useful to
bring Melanie Doyle, my HR rep, into the equation.  I met Melanie this
morning to discuss the issues with respect to taking up the offer in
Houston.  I explained that the interest for this opportunity is mutual, mine
from a career progression perspective and Houston Research's to fill an
urgent need.  Melanie, having had experience with these transfers before, has
kindly agreed to help out from an HR perspective, probably involving some of
the London/Houston team that are usually responsible for these situations.  I
expect that you may receive a call from either Melanie or a foreign
assignment representative in the near future.

I would like to re-iterate my interest in the opportunity, but would like to
make a counter-proposal for the form of the contract; I would like to make
the suggestion that we make this opportunity a one-year assignment working
with Tanya, and then re-evaluate the situation at the end of the year in
terms a new role for me in Houston thereafter, subject to mutual agreement.
The alternative situation of resigning from Enron Europe and re-joining Enron
Corp is too dramatic and requires me to "burn bridges" and my return to Enron
Europe would be difficult.  Also, I would lose the valuable support
structures available to me in London.  The amount of any fixed costs
(flights, modest cargo, a few months of mortgage carrying cost) are entirely
reasonable, not excessive given my single status and not so great that they
justify making the contract a three year (local) one.

I would expect that on the basis of almost 3 1/2 years solid experience &
value-added at Enron Europe, the value of several million pounds I have
identified & justified to external auditors for Enron Europe this year and an
"Excellent" rating (my fourth making my 3 1/2 yr average rating also
"Excellent"), I could reasonably be expected to justify a fair deal (i.e. my
existing Enron Europe salary & benefits package plus a reasonable one-off
allowance to cover unavoidable additional personal expenses).

Regards & thanks again for the opportunity,

Anjam
x35383


You indicated an interest in receiving special offers from Brain.Com
when you joined our site or took one of our free tests such as the 5
minute IQ test.  Should you wish to unsubscibe to these offers, simply
click on the links below and you will no longer recieve special offers.
*********************************************************************
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">

<title>FreeShipping</title>
<meta http-equiv="Content-Type" content="text/html;">

          Shop
            now for the holidays with this special introductory offer!

            Place your first order at Fingerhut.com
            and get FREE SHIPPING & HANDLING
            on almost every product on our site!

            We make it easy to shop for the holidays, whether you want decorations
            for your home, cookware for making a holiday feast or the latest DVD
            player for a great gift. You'll find it all in our Holiday
            Store!

          Plus,
            stop in for some seasonal fun - send a Santa E-mail or a holiday e-card!

Plus,
              sign up at Fingerhut.com to enjoy:

Faster
                  Ordering and Checkout

                  Instant Order Status

Exclusive
                  E-mail Offers

We
                have it all for you at Fingerhut.com!

Name-Brand
                  Quality

Thousands
                  of Products

Real-Time
                  Product Availability Check

Online
                  Giveaways and Sweepstakes

Apply
                  for the Fingerhut Credit Advantage
 Card

Total
                  Online Security

  Have questions / comments?
Contact support | Cancel Membership


I received an auto-reply email from Terry Tang indicating that she is on vacation and that I should forward this to you.  In the meantime,  I have spoken to Ken Lay, our Chairman, President and CEO.  He said that he would be happy to put his name to the letter if that would improve its chances for publication.  Let me know.

 -----Original Message-----
From: 	Kean, Steven J.
Sent:	Saturday, August 18, 2001 8:45 AM
To:	'tang@nytimes.com'; 'letters@nytimes.com'
Subject:	Reply to Paul Krugman's column (Enron Goes Overboard, August 17)

	Paul Krugman has made frequent negative references to Enron and its management in his New York Times column over the last twelve months.  I have refrained from responding until now.  Below (and in the attached in Word format) is a letter I hope you will print.  If you wish to contact me, you can call my office (713.621.6550) or page me (888.906.9761).  Thank you for your consideration.

Steven J. Kean
Executive Vice President and Chief of Staff
Enron Corp.

It's hard to tell what motivates Paul Krugman's frequent attacks on Enron ("Enron Goes Overboard" August 17).  His latest attack is no more than a string of misstatements and non-sequitors reminiscent of a schoolyard taunt.  He reveals, in depth, his ignorance of Enron, the people who work here, and the tragically botched California regulatory regime.  Perhaps he seeks merely to entertain.

	The broader goal of his personal attack appears to be to discredit the free market system - a system that entrusts people to make choices and enjoy the fruits of their labor, skill, intellect, and heart. He would apparently rely on a system of government controlled or sponsored monopolies to make choices for people.  We disagree, finding ourselves less trusting of the integrity and good faith of such institutions and their leaders.  Ironically, the example Krugman cites of "financialization" run amok (the electricity market in California) is the product of exactly his kind of system, with active government intervention at every step.  Indeed, the only winners in the entire California fiasco were the government owned utilities of Los Angeles, the Pacific Northwest, and British Columbia.  The disaster that squandered the wealth of California was born of regulation by the few, not by markets of the many.  So long as Krugman's elitist reasoning prevails, we are doomed to repeat such mistakes.

Steven J. Kean
Executive Vice President and Chief of Staff
Enron Corp.


I don't know anything about these transactions.

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

	Jorge A Garcia@ENRON
	03/01/2001 01:35 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Aneela Charania/HOU/ECT@ECT
		 Subject: ISDA Confirms for Equity Trades

Good Afternoon Sara,

I wanted to follow up with you regarding the creation and approval of ISDA
Confirmations for the following equity trades that I understand Laurel had
discussed with you previously.

1) Edison International- Swap with Enron Europe Ltd. (2 in total)
2) PG & E- Swap with Enron Europe Ltd. (3 in total)

Please advise.

Regards,

Jorge


Per your request.

 -----Original Message-----
From: 	Noske, Linda J.
Sent:	Monday, August 27, 2001 3:06 PM
To:	McVicker, Maureen
Cc:	Walton, Steve; Perrino, Dave
Subject:	RTO Reports

	At the request of Dave Perrino, I am forwarding to you the RTO West/Desert Star reports from our last meeting in July.  Instead of sending you the whole report, I have copied just the reports I've been asked to send to you for Steve Kean.  Call me if you have any questions.  Thanks!


Team,

We have an incoming guaranty from Formosa Plastics Corporation, USA, covering
its subsidiary, Neumin Production Company, for $15MM.  We would like to amend
this amount to an unlimited amount.  Unfortunately, miscommunication between
Fred's group and mine has led to a situation where the counterparty is
expecting this tomorrow.  Is it possible to get this drafted today,
signed-off by one of our attorneys and sent to the CP?  If not, I will need
to get with Fred (which I would rather avoid) and then probably the CP.

Sorry for the rush, and if it can't be done today, I understand.  Either way,
please coordinate with me on whether or not it is going out.

Thanks again,

John


fyi
----- Forwarded by Steven J Kean/NA/Enron on 03/13/2001 01:12 PM -----

	Karen Denne
	03/13/2001 11:54 AM

		 To: Mark Metts/Enron@EnronXGate, Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Revised Merger Release & Q&A

fyi...
---------------------- Forwarded by Karen Denne/Corp/Enron on 03/13/2001
11:53 AM ---------------------------
From: Diane Bazelides@AZURIX on 03/13/2001 11:45 AM
To: Elizabeth Ivers/NA/Enron@ENRON, Karen Denne/Corp/Enron@ENRON
cc:

Subject: Revised Merger Release & Q&A

Here are the latest documents.  We plan to issue the release immediately
after the meeting, which is scheduled to begin at 10 on Friday and probably
lasting less than 30 minutes.


Ranelle,
I'm sorry I didn't get back to you sooner on this.  I do have some questions regarding the attached notice.  What is the counter-offer methodology and when will we use it vs. FCFS.  Our tariff currently allows us to use the NPV methodology and does not state that we can use an alternate methodology.    We need to rewrite the tariff provision.  Until then, we should definitely post the alternate methodology that we plan to use for at least 3 business days in advance.  Drew and Susan and I are supposed to meet on this subject today.  I will get their thoughts as well.  thanks, Maria
 -----Original Message-----
From: 	Paladino, Ranelle
Sent:	Monday, February 05, 2001 4:59 PM
To:	Lokay, Michelle; Scott, Susan
Cc:	Dornan, Dari; Pavlou, Maria
Subject:	TW EOL

Attached is a draft of what could be added to the TW Website's unsubscribed capacity section.  This is similar to what was done for NNG so that if a shipper was looking for unsubscribed capacity on our Website, they would also know we have capacity available on EOL.  The change also indicates that we may be using a different methodology for selling/awarding capacity than we have in our tariff.  What do you think?
Ranelle

 << File: EOLposting.doc >>


(1) As expected, GridSouth and Southern oppose EPMI's request to condition
market based rates on RTO participation.

GridSouth argues that this is a collateral attack on the "voluntary" nature
of Order No. 2000.
Southern also makes the same argument, but adds that the argument is
premature due to Southern's "significant progress" in developing an RTO.
Southern also attacks our citations to the FERC Staff Investigation stating
that the Investigation is based on "perception," not fact, and contains
conclusions that are "ill-formed."  Southern concludes that the "Southeastern
bulk power market worked quite well" this summer because there were no price
spikes.  Finally, Southern disputes our request for a settlement judge
stating that the Commission should give Southern guidance first.

(2)  GridSouth responds to the Joint Muni, EPMI, etal. motion to hold the RTO
filing in abeyance:

Grid South does not oppose additional stakeholder meetings during a 60 day
period.  It would like the assistance of FERC Dispute Resolution staff and
additional guidance from the Commission during that period.  GridSouth will
provide the Commission a report on the process within 20 days after the
conclusion of the this period.

(3)  Southern requests that the Commission grant its declaratory order
request that it can be an RTO

States that delays were due to discussions with investment community about
spin off of transmission assets.  Southern would still like to have separate
transmission company (Jim S. is looking into an Etrans opportunity with this.)

(4)  GridSouth response to protests

It contains alot of responses to Santee Cooper's protest about the ownership
structure of the LLC
GridSouth argues that its expansion possibilities are limited by TVA to the
West and VEPCO to the north (note: Grid South states that VEPCO joined
Alliance because it is subject to the Virginia Electric Utility Restucturing
Act that requires all suppliers to have access to the electric transmission
system by 1/1/01 and retail choice by 1/1/02.  Any insights on this thinking
by Grid South would be helpful.  Will all of VEPCO native load be under an
OATT?)
Grid South will file interconnection procedures by 2/01.


Bible Study this Wednesday, November 29th will be held in room 30C1 from
12:00 to 1:00 today.  Carol Word will be giving the lesson.

Hope to see you there
Mary Kay


---------------------- Forwarded by Eric Bass/HOU/ECT on 03/09/2001 08:24 AM
---------------------------

	From:  Larry Joe Hunter                           03/08/2001 05:53 PM

To: Eric Bass/HOU/ECT@ECT
cc: Janie Aguayo/HOU/ECT@ECT
Subject: Rebook - QU0663 Mirant

Eric,

Can you adjust TAGG shortname to MIRANTAMEENE  (currently MIRANTAMEENECAN)?

Thanks,
Joe


you're such a kidder.

-----Original Message-----
From: Molly Coffin [mailto:mollycoffin@hotmail.com]
Sent: Wednesday, October 24, 2001 4:37 PM
To: Dasovich, Jeff
Subject: RE: Pick Sheet - Week 8.xls

i was kidding

>From: "Dasovich, Jeff"
>To: "Molly Coffin"
>Subject: RE: Pick Sheet - Week 8.xls
>Date: Wed, 24 Oct 2001 16:16:00 -0500
>
>no. body to body.
>
>-----Original Message-----
>From: Molly Coffin [mailto:mollycoffin@hotmail.com]
>Sent: Wednesday, October 24, 2001 4:09 PM
>To: Dasovich, Jeff
>Subject: RE: Pick Sheet - Week 8.xls
>
>
>
>with your car?
>
>
>
> >From: "Dasovich, Jeff"
> >To: "Molly Coffin"
> >Subject: RE: Pick Sheet - Week 8.xls
> >Date: Wed, 24 Oct 2001 16:02:12 -0500
> >
> >You know, I ran into Martha once (literally) in Washington D.C.
> >
> >-----Original Message-----
> >From: Molly Coffin [mailto:mollycoffin@hotmail.com]
> >Sent: Wednesday, October 24, 2001 12:03 PM
> >To: Dasovich, Jeff
> >Subject: RE: Pick Sheet - Week 8.xls
> >
> >
> >
> >Aha! You really are interested in what Martha thinks after all! (And by
>
> >the way, Martha never met a plant she didn't like as far as I know...)
> >
> >
> >
> > >From: "Dasovich, Jeff"
> > >To: "Molly Coffin"
> > >Subject: RE: Pick Sheet - Week 8.xls
> > >Date: Wed, 24 Oct 2001 01:10:34 -0500
> > >
> > >Does Martha approve of aloe vera?
> > >
> > > -----Original Message-----
> > > From: Molly Coffin
> > > Sent: Tue 10/23/2001 7:34 PM
> > > To: Dasovich, Jeff
> > > Cc:
> > > Subject: RE: Pick Sheet - Week 8.xls
> > >
> > >
> > >
> > > How about if my aloe vera plant models it instead?
> > >
> > >
> > >
> > > >From: "Dasovich, Jeff"
> > > >To: "Molly Coffin"
> > > >Subject: RE: Pick Sheet - Week 8.xls
> > > >Date: Tue, 23 Oct 2001 15:29:26 -0500
> > > >
> > > >Well, not just any jock strap. Maybe you could model a few and
> > >I can
> > > >pick one. Don't want it to clash with the furniture....
> > > >
> > > >-----Original Message-----
> > > >From: Molly Coffin [mailto:mollycoffin@hotmail.com]
> > > >Sent: Tuesday, October 23, 2001 2:24 PM
> > > >To: Dasovich, Jeff
> > > >Subject: RE: Pick Sheet - Week 8.xls
> > > >
> > > >
> > > >
> > > >Wow. It sounds like you really have your heart set on having a
> > >jock
> > > >strap or 2 on display at your place...I may have to get in
> > >tough with
> > > >some of those Patriots.
> > > >
> > > >
> > > >
> > > > >From: "Dasovich, Jeff"
> > > > >To: "Molly Coffin"
> > > > >Subject: RE: Pick Sheet - Week 8.xls
> > > > >Date: Tue, 23 Oct 2001 14:03:04 -0500
> > > > >
> > > > >Forget that, I'm expecting a new hanging planter for
> > >Christmas. (Tee
> > > > >hee).
> > > > >
> > > > >Kisses,
> > > > >Jeff
> > > > >
> > > > >-----Original Message-----
> > > > >From: Molly Coffin [mailto:mollycoffin@hotmail.com]
> > > > >Sent: Tuesday, October 23, 2001 2:02 PM
> > > > >To: Dasovich, Jeff
> > > > >Subject: RE: Pick Sheet - Week 8.xls
> > > > >
> > > > >
> > > > >
> > > > >See...reading Martha Stewart Living may make me rich yet!
> > > > >
> > > > >
> > > > >
> > > > > >From: "Dasovich, Jeff"
> > > > > >To: "Scott Laughlin" , , , "eldon sellers (E-mail)"
> > > > > >CC: , , ,
> > > > > >Subject: RE: Pick Sheet - Week 8.xls
> > > > > >Date: Tue, 23 Oct 2001 12:23:35 -0500
> > > > > >
> > > > > >Molly gets all her picks from "The Living Guide to Picking
> > >NFL
> > > >Winners"
> > > > >
> > > > > >by Martha Stewart. Note on p. 12 of this months version:
> > >Martha shows
> > > >
> > > > > >how to make hanging planters out of the jock straps worn by
> > >the front
> > > >
> > > > > >line of the New England Patriots.
> > > > > >
> > > > > >
> > > > > >-----Original Message-----
> > > > > >From: Scott Laughlin [mailto:scottwl@hotmail.com]
> > > > > >Sent: Tuesday, October 23, 2001 12:06 PM
> > > > > >To: Nancy.Sellers@RobertMondavi.com;
> > >mollycoffin@hotmail.com
> > > > > >Cc: skmaloney@yahoo.com; cameron@perfect.com;
> > > >Jeff_Dasovich@enron.com;
> > > > > >PSellers@pacbell.net
> > > > > >Subject: Re: Pick Sheet - Week 8.xls
> > > > > >
> > > > > >
> > > > > >No, I want her picks! This is going to start a major
> > >bidding war...
> > > > > >
> > > > > >
> > > > > > >From: Nancy Sellers
> > > > > > >To: "'Molly Coffin (Hotmail)'"
> > > > > > >CC: 'Sean Maloney' , Cameron
> > > > > >,
> > > > > > >Jeff Dasovich , "Prentice @ Berkeley"
> > > > > > >, Prentice Sellers ,
> > > > > > >Scott Laughlin
> > > > > > >Subject: Pick Sheet - Week 8.xls
> > > > > > >Date: Tue, 23 Oct 2001 08:22:50 -0700
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >Molly, please fill out this sheet for me!
> > > > > > >
> > > > > > > <>
> > > > > > >
> > > > > > ><< PickSheet-Week8.xls >>
> > > > > >
> > > > > >
> > > > >
> > > >_________________________________________________________________
> > > > > >Get your FREE download of MSN Explorer at
> > > > > >http://explorer.msn.com/intl.asp
> > > > > >
> > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
> >**********************************************************************
> > > > > >This e-mail is the property of Enron Corp. and/or its
> > >relevant
> > > > >affiliate and may contain confidential and privileged
> > >material for the
> > > > >sole use of the intended recipient (s). Any review, use,
> > >distribution
> > > >or
> > > > >disclosure by others is strictly prohibited. If you are not
> > >the
> > > >intended
> > > > >recipient (or authorized to receive for the recipient),
> > >please contact
> > > > >the sender or reply to Enron Corp. at
> > > > >enron.messaging.administration@enron.com and delete all
> > >copies of the
> > > > >message. This e-mail (and any attachments hereto) are not
> > >intended to
> > > >be
> > > > >an offer (or an acceptance) and do not create or evidence a
> > >binding and
> > > >
> > > > >enforceable contract between Enron Corp. (or any of its
> > >affiliates) and
> > > >
> > > > >the intended recipient or any other party, and may not be
> > >relied on by
> > > > >anyone as the basis of a contract by estoppel or otherwise.
> > >Thank you.
> > > > >
> > > >
> > >
> >
> >**********************************************************************
> > > > >
> > > > > _____
> > > > >
> > > > >Get your FREE download of MSN Explorer at
> > >http://explorer.msn.com
> > > > >
> > > > >
> > > > >
> > > >
> > > > _____
> > > >
> > > >Get your FREE download of MSN Explorer at
> > >http://explorer.msn.com
> > > >
> > > >
> > > >
> > >
> > > _____
> > >
> > > Get your FREE download of MSN Explorer at
> > >http://explorer.msn.com
> > >
> > >
> >
> > _____
> >
> >Get your FREE download of MSN Explorer at http://explorer.msn.com
> >
> >
> >
>
> _____
>
>Get your FREE download of MSN Explorer at http://explorer.msn.com
>
>
>

  _____

Get your FREE download of MSN Explorer at http://explorer.msn.com <http://go.msn.com/bql/hmtag_itl_EN.asp>


Louise,

Per Sheila K. attached is the worksheet requested.

thanks
Cynthia
Ext. 5-8891


FYI
----- Forwarded by Barton Clark/HOU/ECT on 09/12/2000 10:19 AM -----

	Barton Clark
	09/01/2000 01:41 PM

		 To: Sharon Butcher/Corp/Enron@ENRON
		 cc: Daniel Allegretti/HOU/EES@EES
		 Subject: Murtha Cullina Conflict Waiver request

The request that I look at or find the proper person to review a conflicts
waiver to be executed by Enron Corp. came to me from Daniel Allegretti as I
am the lawyer working for ENA ( power assets group) in the fuel cell project
referred to in the attachment. Sheila Tweed advised me you were the proper
person to be looking at this matter for governmental affairs. I went ahead
and yesterday did a markup of the requested conflicts waiver from Murtha
Cullina to keep the ball moving and distributed that markkup internally via
the attachment, but nothing more has happened since then. The revised waiver
letter appended to the attachment is marked to show changes to the original
Murtha request, so I won't forward that document to you unless you want it.
Please give me a call at your convenience to discuss.
----- Forwarded by Barton Clark/HOU/ECT on 09/01/2000 01:34 PM -----

	Barton Clark
	08/31/2000 02:18 PM

		 To: Daniel Allegretti/HOU/EES@EES
		 cc: Sheila Tweed/HOU/ECT@ECT
		 Subject: Murtha Cullina Conflict Waiver request

Attached is a suggested markup of the requested conflicts letter. Candidly, I
don't see how Murtha can continue to represent us in lobbying for the subject
transactions and represent CRRA in lobbying and legal representation for the
same transactions without conflicts or creating the appearance of
impropriety, and the markup reflects that scepticism by trying to segregate
out the representation cleanly. Also, to the extent the original draft
indicated Murtha had represented both CRRA and Enron re the transactions
until now, we need to make sure that we are OK with waiving that conflict as
a substantive matter. I'm not familiar enough with the representation to know
if Enron's interests could have been compromised during that period of dual
representation, and I do not think we should agree to the waiver until we are
comfortable on that score.The letter also now  makes clear that Murtha will
not be able to represent either party or their affiliates in litigation
involving them. Since the letter requires the signature of Enron Corp., I'm
trying to find out what clearance is required, as I customarily do not review
or initial Corp. documents for signature.


Period ending 11/09/01.

Please note changes to content and format.  An updated org chart is also attached.

Glad to discuss...

Steve


Gerald -

Where do you stand on reviewing the Gregg agreement?  Just a quick update,
please.

Thanks,
Chris Sonneborn
HPL Facility Planning


Just got on line.  Surprised it was possible.  Electricity out, so probably
only us with battery powered lap tops clogging things up.

Everything ok here, so far.  Got a pretty good shake.  Was out in the
streets for a couple of hours, with everyone else.  My neighborhood up on
solid rock, so things looked mostly ok.  Lots of old and bad construction
here; stones in the street.  One upper floor (abandoned) apartment half a
block from here collapsed and much debris in the stereets.  No apparent
injuries, however, in my neighborhood.  Unfortunately, other areas not so
lucky.  Saw 6.7 estimate for Izmit, the center, here (one place I passed had
a genertor and had a tv out for everyone to see).  Passed women praying, men
reading Koran, most just huddled in groups talking. Strange being in the
middle of it all with limited ability to communicate.  Know a few folks in
neighborhood and we had a few basic chats, though its amazing how much I
learned even from them.  Already knew the Turkish word for earthquake, which
is depram (revolution is devrim) and came in handy.

A few seagulls just went by and I think a neighbor down stairs up and about;
mistook that comotion for an aftershock.  A little rattled myself; much like
after SF quake.  I think memory of that still deep seeded in my
subconscious.

Again, this new technology amazes.  Better get off and save my battery.  May
need it.

Thanks for the note.  It was good to see your messages there.  I'll send
this to the rest of the family, but if they call tell them I'm ok and
worried about them worrying about me.

Love,

Mark

>From: <tskilling@tribune.com>
>To: "Mark Skilling" <markskilling@hotmail.com>
>Subject: Re: earthquake---are you all right?
>Date: Mon, 16 Aug 1999 21:55:16 -0500
>
>      Mark--
>          Have just received word of the earthquake there.  Reports are
>      preliminary but they are reporting it hit just after 3AM your time
>and
>      that buildings have collapsed and there are deaths--though they
>      haven't said how many.  It's being estimated at 7.1.
>          I've called Mom and Dad---clearly, Mark, we're very concerned.
>      Let us know you're all right.
>          Have been meaning to get to you to say hello. Hvae been following
>      your e-mails.
>          We're told phone lines are out--so haven't any idea when this
>      might get to you. Please let us know you're all right.
>          Thanks Mark.
>
>                                        Love,
>                                       Tom
>

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


Internal approval schedules at both Enron and El Paso dictate a delay in
signing until Tuesday morning 5-Dec.

Attached are the latest drafts of all of the significant documents regarding
the transaction.  There are two minor commercial issues - one regarding the
final arithmetic for the deferred payment schedule and the other in regard to
the Merlin SubNote participation.  There are some final tweaks to come to the
numbers and language in the tax sections of the Transaction and LLC
Agreements.  Most other changes are anticipated to be minimal from this point
forward.

I will be out tomorrow, but will be checking voice mail.  Please leave me a
voice mail or call Lisa Mellencamp with any final issues you may have.

Thank you for your prompt attention to these matters.


CALENDAR ENTRY:	APPOINTMENT

Description:
	EB3654 - Interview Sylvia Sauseda

Date:		6/14/2001
Time:		2:30 PM - 3:00 PM (Central Standard Time)

Chairperson:	Stacey W White

Detailed Description:

per Imelda Trevino


This is to confirm the Legal Team Review meeting this afternoon with Mark Haedicke at 5:00 p.m. (CST) in EB3321.  Please plan to attend.

Thank you.

Janette Elbertson
on behalf of Mark E. Haedicke
Enron Wholesale Services
Legal Department
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
e-mail:  janette.elbertson@enron.com


Paul-welcome back.  I have taken the following positions that may (or may
not) come up at the RRG meeting. Even if the issues don't come up, I wanted
to give you an update:
   The security coordinator (SC) should be part of the RTO.  In the NW, the
SC contracts with the utilities.  The proposal is to have the RTO contract
with the SC . In the East, Tabors studied SCs and found they allowed the
transmission owners (TO) to discriminate. However, there, the SC is employed
by the TO. I need to know more about how the NW SC contract is structured and
talk to Tabors before I would feel comfortable giving up on this issue.  Do
others have opinions on this?
 I support moving the load integration agreement (LIA) and generation
integration agreement (GIA) into the tariff.  I am developing momentum for
this.
 Concerning governance, I drafted a paper opposing state agencies voting for
board members. I also oppose  a member class for a catchall member class.  I
would also oppose a class for the state commissions if they are given the
right tovote for directors.


Hi Sara,

I have a question pertaining to Counterparty - Southern Company Energy
Marketing, L.P.  We have been receiving Executed Financial Confirmation
Letters with our ISDA Master Agreement Date June 1, 1994 striked through and
SCEM writes in June 28, 1994 (execution date).  I have been researching with
Rhonda Denton and we state June 1, 1994 as the effective date, the date that
is on the Master Agreement.  SCEM wants June 28, 1994 date - when the Master
Agreement was executed.  I have spoken to Jeff at SCEM and he said it was
"industry standard" to use the execution date.    Our confirm states "This
Confirmation supplements, forms part of, and is subject to, the ISDA Master
Agreement dated as June 1, 1994, as amended....   Is EPMI's Date correct or
are both dates valid.   Please let me know if you need any further
information.

Thank you

Stephanie
Enron Power Marketing, Inc
x39210


Amen.

	Mark Palmer
	05/11/2001 06:36 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Re: LA Times Called

Why don't you and me and Sue buy the damn wires?  Hell, it might be fun.

Mark


Tried to send this earlier.  Will try again.

 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Monday, June 18, 2001 7:30 PM
To:	'Ernie.J.Zavaleta@fritolay.com'; 'LT Bieraugel '
Cc:	Nemec, Gerald
Subject:	RE: Dudes...

Hey Guys!  I just got back from traveling two weeks in China, so I am now able to answer my emails.  A friend of mine here at Enron has a brother that lives in China and he got married to a Chinese national.  So I decided to join them for the wedding and sightseeing.  The sights were pretty amazing.  Great Wall, Forbidden City, Tianamen Square, etc.  Definitely culture shock though.  I know what it feels like to be a rock star now.  I was pretty much stared at wherever I went.  I am sure they think I look like a big nosed western devil freak.  The food wasn't as bad as I thought, although I did get the trots the last two days in country.  I knew I shouldn't have eaten the mutton.

Fortunately I missed the flood of the century, Ernie!  I heard about it the first week in China.  Wasn't much I could do from China, so I just kept my fingers crossed and fortunately the house was safe and sound when I got back.  Some jackass drove up on my front yard and left some tire tracks.  There must have been high water in the street that he was trying to avoid.  Doooh!!

Other than that everything is going fine.  Doing the old dating thing!  Boy is that a ton of laughs.  Women at this age are definitely interesting.  I spend most of my time avoiding questions like, "Where is this relationship headed?"  Uh excuse me, but we only met last week!

Congratulations, Paul on little Chloe.  I checked out the pics on your website and the family looks great.  Bieraugel you still look the same as the last time I saw you, but  Whoa, is that a little gray hair I saw on you Paul?  Oh well, we all have chinks in our armor.  Seriously though it is a beautiful family and I know it must be tough to be away from them.  Are you going to be staying in the Navy for awhile?  10 more years and you can retire eh!

Ernie,  Sounds like things are going well at work.  Congrats on the promo.  We definitely need to do a better job of getting together here in Houston.  You need to get the wife and we need to have dinner one night or something!  The Buick sounds prime.  240HP ought to take care of it.  Sounds better than the shaka-mobile.  What the hell ever happened to that car anyway?  I still love to tell stories about that car.  You can't beat a K-mart lawn chair for comfortable automobile seating.  Ernie, I think my focus is on the 5 series BMW.  Unfortunately my stock portfolio has delayed my auto purchase for awhile.

Let's pledge to all do better at keeping in touch.  It is great to hear from you guys.  We need to plan a little get together when you get back from sea.  It has been to damn long. Take care and be safe, Bruddas.

Gerald
 -----Original Message-----
From: 	Ernie.J.Zavaleta@fritolay.com [mailto:Ernie.J.Zavaleta@fritolay.com@ENRON]
Sent:	Sunday, June 10, 2001 5:20 PM
To:	LT Bieraugel
Cc:	Gerald Nemec (E-mail)
Subject:	Re: Dudes...

You're right, we need to do better at keeping in touch.  Gerald and I live in
the same town, and we still hardly see each other!  Great to hear from you.

I know it's got to be the hardest thing to leave for six months, especially with
the new baby when mama needs you the most.  Do you guys have any family in town
at least?  You're wife is probably involved with a network of military wifes at
least.  It's hard for me to leave for even a couple of days.  The week after
next I am in Dallas for a week of training, that'll be the longest I've been
away.

Well, my wife just went to the movies with my oldest, Sophie (she's four).  I'm
home with my two boys who are both napping, so I actually have a minute to
write.  I am about to make lunch for my neighbor who is from South Africa.  His
family just left for SA for two months, so I'll probably have him over often.
We're about to cook some Elgin sausage, remmeber where that is Paul?  I was in
Austin for work on Friday (drove there) and stopped to get some.  The road trip
was quite eventful: saw a few wreck and one car was even on fire.

You probably don't catch national weather Paul, but we just had a
once-in-a-century storm here in Houston (that's what they're calling it on the
news anyway).  Some places in the Houston area had 35" of rain in the last two
days!  We had about 20" in my area, no flooding though.  Gerald, how did you
fare?  So we've been declares a natural disaster area and all of that.

Other than that, not a whole lot going on.  Work is going well:  I got promoted
in Feb and am in line for another in August, so I can't complain - Frito-Lay is
a good stable company that treats it's employees well.  Let's see what else?
just got a new car that I am excited about.  I had a little Ford Focus 5spd for
my comuter car, but got tired of all of the shifting in traffic on the Beltway.
So I found a 1999 Buick Regal GSE with only 22k on it, in immaculate shape.  I
know, a Buick sounds kinda lame, but as far as Buicks go, this the only one I
would own.  It has leather, sunrfoor, sporty wheels, killer 220-watt stereo,
with a 240HP supercharged engine with room for 5 to boot!  I loaded up the
family and cargo to go to the Valley during Memorial Day, it even got 28 MPG!
Beats the hell out of the 14 or so in the Suburban, with gas prices these days.
Gerald, are you still in the market for a SUV?   I think you were interested in
the Toyota Sequoia or the Acura MDX?  You'd better just stick with the 5-series
Bimmer, I know I would if I were in your shoes!

OK, guys, gotta get to cookin those sausages.  Bieraugel, hang in the there out
at sea and keep us proud!

Ern

LT Bieraugel <BIERAUGEL@john-paul-jones.navy.mil>
06/08/2001 07:47 PM

To:   Ernie J Zavaleta/Frito-Lay/US@Frito-Lay, "Gerald Nemec (E-mail)"
      <Gerald.Nemec@enron.com>
cc:
Subject:  Dudes...

Ernie and Gerald, well dudes, we're doing just what we said we were not
going to do.  Fall out of touch again.  Here is the latest.  I am out on my
ship for six months now.  We left June 4th and we get back in November.
It's a bitch to be gone from the family for that long but it very busy so it
goes fast for me.  We had our fourth (and probably last) kid on May 13th.
Her name is Chloe Elizabeth.  She is perfect.  My two year old (Kate) was
very surprised when we brought her home.  Carson said he wanted a brother
and Kelly wants to hold her all the time.  You can check some pictures out
at www.geocities.com/pbieraugel.  Take it easy you guys and stay in touch.
Paul.


With Ken Lay's resignation, you undoubtedly have questions about Enron's management structure and what lies ahead for the company.  The purpose of this communication is to begin to answer those questions and lay out the direction we plan to follow as we regroup and rebuild.

First, the Creditors Committee has proposed that the Board of Directors retain an interim CEO to focus on the restructuring process.  This is a positive sign that the Committee believes Enron will provide greater value as a viable ongoing business.

The Enron Board of Directors has approved Stephen Cooper as interim CEO and chief restructuring officer.  Steve is the managing partner of Zolfo Cooper, a corporate recovery and crisis management firm with more than 30 years experience leading companies through operational and financial reorganizations.

Steve and his firm will work with members of Enron's current management to develop and implement a comprehensive plan to restructure the company and emerge from bankruptcy.

As you know, Enron has entered into an agreement with UBS Warburg for the sale of NetCo, Enron's wholesale gas and power trading organization.  In preparation for the transition of NetCo to UBS, Greg Whalley has resigned as president and COO of Enron to assume a position with UBS Warburg.  We want to thank Greg and the NetCo employees joining UBS for their contributions to Enron and wish them great success going forward.

In addition to engaging Steve, Enron has formed an Office of the Chief Executive.  I will join Steve in that office as president and chief operating officer, and Ray Bowen will join us as executive vice president and chief financial officer.

We will provide additional information regarding the roles and responsibilities of Enron's entire management team once those become more fully defined.

Thank you for continuing to support Enron by performing your job everyday.  The ongoing uncertainty about our future, coupled with the constant media scrutiny, makes this situation difficult for all of us. While no one can control the media, we can and will define our leadership and devise our strategy for moving ahead.  And in doing so, we will build a more certain future for our company and our employees.

Link to the press release: http://www.enron.com/corp/pressroom/releases/2002/ene/012902Release.html


Thanks


Sara- They called me again today for a response. I told Suanne that I thought
you would be the one working on this and gave her your telephone number.

Thanks,

Shari

----- Forwarded by Shari Stack/HOU/ECT on 06/06/2000 04:06 PM -----

	Shari Stack
	06/02/2000 03:47 PM

		 To: Susan Flynn/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT
		 cc:
		 Subject: RE: ISDA Master between ECT Investments and DLJIC

This response just came in on an ISDA I had worked on several months ago. I
don't have the time to keep this so I am passing it on.

Thanks,

Shari

----- Forwarded by Shari Stack/HOU/ECT on 06/02/2000 03:46 PM -----

	"Dunn, Suanne" <SDunn@dlj.com>
	06/02/2000 02:35 PM

		 To: Shari.Stack@enron.com
		 cc:
		 Subject: RE: ISDA Master between ECT Investments and DLJIC

Hi Shari,

I'm sorry it has taken me so long to get back to you.  I had to get a few
people involved and it took a lot longer than I anticipated.  However, I
have things organized now and have summarized my comments below.  In
addition, we reviewed your form of guarantee.  I have attached a mark up of
your guarantee to conform with our form of guarantee and where possible
amended our form of guarantee to conform with yours.  (I believe there were
some conversations between my trader and your credit officer about
increasing the amount under your guarantee to $35,000,000.)

I think it would be helpful if we used my comments below and the blackline
of the guarantees as an agenda for a call to finalize the Agreement.  Please
let me know when you would be available.

I look forward to hearing from you.

Best regards,
Suanne

Part 1(b) Threshold Amount:  I know we agreed in concept to have the
Threshold Amount apply collectively to each party and their Credit Support
Provider, but I'm not sure we get there with your amendment.  May I suggest
the following:

  Threshold Amount means, with respect to Party A and its
Credit Support Provider, collectively, U.S. $100,000,000; and with respect
to Party B and its Credit Support Provider, collectively, U.S. $100,000,000.

Part 1(g) Credit Event Upon Merger:  Thank you for adding the last sentence,
however, may I suggest clarifying it further as follows:

  If such additional Eligible Credit Support is not provided,
or if additional Eligible Credit Support is deemed inadequate by Y in its
sole discretion, then the provisions of Section 5(b)(iv) shall apply without
amendment.

Part 2(b) Payee Representations:  I am still waiting for a response from my
tax department.

Part 3(a) Agreement to Deliver Documents:  (a) The W-8 ECI is not in effect
until next year, so we will only be able to deliver a W-8.  In addition, we
believe the delivery requirements are a little onerous and we would prefer
to deliver the forms upon execution and thereafter upon request.  ECT's
delivery requirements should be substantially similar.  (c) We will provide
you with a copy of DLJIC's Memorandum of Association.  We would also like to
receive similar documentation from ECT evidencing its authority to execute
the Agreement.

Part 4(c) Calculation Agent.  Below please find sample language:

  Calculation Agent.  The Calculation Agent will be Party A
and Party B jointly or, in the event of a dispute, a reputable, unaffiliated
financial institution appointed by the parties.  Notwithstanding anything to
the contrary contained in this Agreement, upon the occurrence of an Event of
Default or Termination Event with respect to a party, the Non-defaulting
Party or the non-Affected Party, as the case may be, or, in the
circumstances where there are two Affected Parties, as agreed between the
parties, shall be the sole Calculation Agent.

Part 4(i) Jurisdiction.  We can agree to this clause provided that you agree
to conduct proceedings in New York City.

Part 5(g) Setoff.  We can agree to your setoff clause with the following
amendments:

  in line 2, insert "sole" prior to "non-Affected Party"

  in line 3 and 5, please insert "(whether at such time or in
the future or upon the occurrence of a contingency)" following "amounts
owed" in each line

Part 5(r) Consent to Recording.  Please add the following clause as
requested:

  (c) Consent to Recording. The parties agree that each
may electronically record all telephone conversations between them and that
any such recordings may be submitted in evidence to any court or in any
proceeding for the purpose of establishing any matters pertinent to any
Transaction, provided, however, that notwithstanding the terms of this
clause, the parties do not waive any rights they may have under the
applicable rules of evidence.

CSA (b)(ii) Eligible Collateral.  I believe we discussed adding Treasuries
with maturities greater than one year.  We propose Treasuries under one year
with a Valuation Percentage of 99%, 1-5 years at 97% and 5-10 years at 95%.

CSA (b)(iv)(B) Thresholds.  Please remove "Potential Event of Default"

CSA (d) Conditions Precedent.  We asked that Tax Event and Tax Event Upon
Merger be excluded as Specified Conditions.  There is no reason to stop
collateralizing a Transaction upon the occurrence of these events, because
if at the end of the remedy period the Transaction is terminated, then the
posted collateral will be returned, if applicable, according to the normal
procedures of the CSA.  If the Transaction is terminated and the settlement
amount is not paid, then the non-Affected Party has the right to liquidate
the Collateral to satisfy its claim and you would want all Transactions,
including the affected transaction, to be fully collateralized at that time.

CSA (f) Dispute Resolution.  (i) We can agree to two Local Business Days to
resolve a dispute.  (ii) We suggested that the parties look to market
standard screens before polling dealers to determine Value.  This is our
standard definition of Value:

  Value. For the purpose of Paragraph 5(i)(C) and 5(ii), the
Value of Posted Collateral other than Cash will be equal to the sum of (i)
the face value of the Posted Collateral multiplied by the product of (A)
either (x) the closing bid price as quoted by Bloomberg Financial Markets or
Dow Jones Telerate Services as of Resolution Time or (y) the sum of the
arithmetic mean of the closing bid prices quoted by three mutually-agreed
upon Reference Market-Makers for the relevant security on the relevant date
and (B) the applicable Valuation Percentage plus (ii) the accrued interest
on such security (except to the extent Transferred to a party pursuant to
any applicable provisions of this Agreement or included in the applicable
price referred to in (i) of this clause) as of such date.

(iii) We can agree to transfer only the undisputed amount.

CSA (g) Holding and Using Posted Collateral.  I have several thoughts on
this section.  The Credit Rating for a party should include both S&P and
Moody's and a party's ability to hold Posted Collateral should be based on
the lower of those two.  However, if the Posted Collateral is a letter of
credit, then a party should be entitled to hold the letter of credit
regardless of their Credit Rating.  Under the terms of (g)(i), the party and
it's Custodian are individually entitled to hold Posted Collateral.
However, there are no requirements for a Custodian.  I believe the
requirement of a Qualified Institution should apply to the Custodian.  If
there is a ratings requirement for the party in order for it to hold Posted
Collateral and the party is no longer in compliance with that ratings
requirement, then in order to comply with the general terms of the CSA, the
party would have to transfer the Posted Collateral to a Custodian which met
the requirements of a Custodian or else it would be in breach of the
agreement (which would be an Event of Default if not remedied within 30
days).  Therefore, if you apply the requirements of a Qualified Institution
to a Custodian under (g)(i), then (g)(ii)(2) and (3) can be removed.
Finally, we would like the requirements of the Custodian to be a rating of
at least A/A2 and having total assets of at least US $10,000,000,000.

CSA (h)(iii) Alternative to Interest Amount.  Subparagraph (A) should not
apply.  In the event that the downgraded party is the Secured Party (and
they were at the time of downgrade holding Posted Collateral) and Posted
Collateral is moved to a Custodian, there is no reason why the Pledgor, who
was not downgraded, should be penalized by not receiving interest payments
in the form of cash when they are paid on the Posted Collateral.  As a
matter of fact, it is my understanding that it is more difficult
operationally to reinvest such funds and much easier to pay them to the
Pledgor.

CSA (m) Other Provisions.  The definition of Federal Funds Effective Rate is
not necessary.  Please amend the definition of Letter of Credit to reflect
the requirements of the issuing bank to include a rating of A/A2 and having
total assets of at least US $10,000,000,000.  The definition of Material
Adverse Change should be amended to reflect the rating of both Moody's and
S&P.

Exhibit A Letter of Credit Provisions.  (b) Please delete the parenthetical
in line 3 to 4 and conform (i) to the amended definition of Letter of Credit
with respect to the requirements of the issuing bank.  (d)(ii) Y should be
entitled to draw under the LC in accordance with the provisions of Paragraph
8 of the CSA and not only upon the occurrence of an Event of Default.  The
first sentence of this section should be amended accordingly.  (e) Please
clarify the intent of this section.  It is rather confusing as written.

Schedule I.  The statement to be presented to the issuing bank should
conform to the circumstances under Paragraph 8 of the CSA under which the
Secured Party can demand payment and not just be limited to an Event of
Default.

 <<Enron Gty to DLJ.doc>>  <<Enron Multiple.DOC>>

> -----Original Message-----
> From: Shari.Stack@enron.com [SMTP:Shari.Stack@enron.com]
> Sent: Friday, April 21, 2000 4:02 PM
> To: SDunn@Dlj.com
> Subject: ISDA Master between ECT Investments and DLJIC
>
>
> Hi Suanne,
>
> I am pleased to attach the revised ISDA Schedule and CSA which contains
> most of the revisions DLJ requested. I would also like to let you know
> about the following:
>
> 1. Payee Tax Representation: I sent DLJ's suggested clause to my Tax Dep't
> and they said that feel such language is insufficient to permit us to not
> have to withhold with respect to interest and dividend payments, each of
> which could arise during the course of our trading relationship.  My
> colleague in the Tax Dep't said he would prefer that DLJ certify that it
> is
> a foreign taxpayer entitled to receive payments under the document without
> reduction for withholding or other taxes.  He said that DLJ would not be
> able to certify to this if the form of the document is the usual very
> broad
> form whereby it permits transactions of every type (both on and off market
> swaps - off market swaps being swaps involving a lending aspect) and thus
> the underlying document might have to be curtailed.
>
> 2. Documents to be Delivered: For the time being, I have made a reference
> in Part 3 to "Corporate Documents" to be given by DLJ. Please let me know
> what these will be.
>
> 3. Calculation Agent: I still need to get the language from you that makes
> the both parties the CA.
>
> 4. Set-Off: As you requested, I had a look at amending our clause to more
> closely reflect the ISDA Set-Off Clause but with the inclusion of the
> Non-Defaulting Party's Affiliates. Upon review - the clause in the
> document
> is very similar to the ISDA clause except for the 1st two sentences which
> bring in the Non-Defaulting Party's Affiliates (which we have agreed to
> have). The only other sentence in the clause that differs from the ISDA is
> the one which talks about conversion of the Early Termination Amounts. Our
> language goes ahead and makes it clear that all amounts need to to be
> converted to the Termination Currency.  I think that is helpful.
>
> Thus I would propose to leave the Set-Off clause unamended.
>
> 5. Securities Rep's: We have been able to incorporate these with just a
> very few minor changes.
>
> 6. Resolution Time (CSA): I have discussed this with my Credit Officer and
> he thinks we really do need to have at least 2 Business Days to resolve a
> dispute.
>
> 7. Transfer of Collateral (all or just undisputed amount): Unfortunately
> my
> Credit Officer was unable to agree to transferring the whole amount
> requested, if part of the amount is in dispute.
>
> 8.Holding & Using Posted Collateral: I have reviewed this and the language
> we have proposed goes a lot further than what is in the printed CSA. For
> instance there is objective criteria contained in our language which is
> helpful to the Pledgor since it sets out that a party must have a certain
> credit rating to hold collateral. Also it sets out where collateral may be
> held. I would be happy to go through our suggested clause (g) and explain
> our reasons for asking to leave our proposed language in the CSA Schedule.
>
> The only other documents left to resolve are the Guarantees. I look
> forward
> to receiving your comments on ours (I believe we agreed to agree on a
> format and use it for both Guarantees).
>
> Kind regards,
>
> Shari
>
> (See attached file: 342a-ctr.doc) << File: 342a-ctr.doc >>

 - Enron Gty to DLJ.doc
 - Enron Multiple.DOC


Hello!

As you know, Terry Franklin is beginning to transition into the Appalachian
coordination role.  We spent time today with Bryce Baxter, Wade Price, and
Gloria Barkowsky to determine how best to attack the current issues.

As Job 1, we determined that Terry's time is best utilized on transportation
contract set-up.  Of course, Terry "job description" includes other tasks,
but at this time, this is her #1 focus.  We decided this for the following
reasons:

1.  Deals cannot be pathed without transportation contracts set-up in SITARA.
2.  In order to pay the producers and the pipeline, the deals must be pathed
by Logistics (zero volume paths), and volumes must by allocated (based on
actuals) by Gloria Barkowsky, Volume Mgmt.
3.  Wade Price, Settlements, is focused on setting up SITARA deals for
producer wellhead purchases.

Please let me know if you have any questions or concerns.
Thanks,
Carrie


Oh come on.  I heard that you're a ghost writer for Harvey's proposal!

Kidding.

Seriously, it's been great discussing these issues on panels with you
lately.  I have a picture of the two of us from the Berkeley conference I'll
pass along to you.

I really think there's a way out of all this without dropping a nuclear bomb
on all of the hard work folks have done thus far to restructure the
industry.  Look forward to working on it.

Best,
Jeff

P.S. Don't have TOO much fun dangling the initiative in front of the likes of
Peace and the IOUs.

	Mike Florio <mflorio@turn.org>
	11/28/2000 05:53 PM

		 To: <dhunter@smithandkempton.com>
		 cc: "Aaron Thomas (E-mail)" <athomas@newenergy.com>, "'Allan Lippincott'"
<alippin@mail.arco.com>, "Ann Cohn (E-mail)" <cohnap@sce.com>, "'Ann Watson'"
<anw@cpuc.ca.gov>, "Anna Ferrera (E-mail)" <Anna.Ferrera@SEN.CA.GOV>, "'Art
Carter'" <debinorton@aol.com>, "'assistant for John Fielder'"
<moravekj@sce.com>, "Audra Hartmann (E-mail)" <ath@cpuc.ca.gov>, "Barbara
Barkovich (E-mail)" <brbarkovich@earthlink.net>, "'Becky Kilbourne'"
<bakilbourne@calpx.com>, "Bill Booth (E-mail)" <wbooth@booth-law.com>, "'Bill
Dombrowski'" <cra@calretailers.com>, "Bill Keese (E-mail)"
<wkeese@energy.state.ca.us>, "Bill Zobel (E-mail)" <bzobel@mail.arco.com>,
"'Bob Foster'" <fosterrg@sce.com>, "'Bob Houston'" <houstgrp@pacbell.net>,
"Carolyn McIntyre (E-mail)" <cmcintyre@sempra.com>, "Carolyn Veal-Hunter
(E-mail)" <carolyn.veal-hunter@asm.ca.gov>, "Catherine Hackney (E-mail)"
<hacknece@sce.com>, "Charles Bacchi (E-mail)" <charles.bacchi@asm.ca.gov>,
"'Craig Brown'" <brownc@epenergy.com>, "Dan Carroll (E-mail)"
<dcarroll@dbsr.com>, "'Denice Cazalet'" <dcazalet@apx.com>, "Dennis Price
(E-mail)" <priced@epenergy.com>, "'Denny Samuel'" <dsam@chevron.com>,
"'Dominic DiMare'" <dominic.DiMare@calchamber.com>, "Dorothy Rothrock
(E-mail)" <drothrock@cmta.net>, "'Ed Yates'" <ed@clfp.com>, "Evelyn Elsesser
(E-mail)" <eke@aelaw.com>, "Gary Heath (E-mail)" <gheath@eob.ca.gov>,
"'Gordon McDonald'" <gordon.mcdonald@pacificorp.com>, "'Jack Flanigan'"
<jackflanigan@flaniganlaw.com>, "Jack Gualco (E-mail)"
<Jackson_Gualco@gualcogroup.com>, "'Jack Stewart'" <jstewart@cmta.net>,
"'James Boyd'" <jim@resources.ca.gov>, "Jan Smutny-Jones (E-mail)"
<smutny@iepa.com>, "Jeff Dasovich (E-mail)" <jdasovic@enron.com>, "'Jerry
Jordan'" <jordan@cmua.org>, "Jim Cassie (E-mail)" <jcassie@sempra.com>, "Jim
Groniger (E-mail)" <gronijn@texaco.com>, "Joe Lyons (E-mail)"
<joseph.lyons@asm.ca.gov>, "'Joe Ronan'" <joer@calpine.com>, "John Bridges
(E-mail)" <bridgesj@epenergy.com>, "'John Fielder'" <fieldejr@sce.com>, "John
Fistolera (E-mail)" <johnf@ncpa.com>, "John Larrea (E-mail)"
<John.g.Larrea@williams.com>, "John Rozsa (E-mail)" <John.Rozsa@sen.ca.gov>,
"John White (E-mail)" <vjw@cleanpower.org>, "'Joseph Alamo'"
<jalamo@enron.com>, "Julee Malinowski-Ball (E-mail)" <jmball@ns.net>, "'Julia
Wright'" <jwright@smithandkempton.com>, "Karen Edson (E-mail)"
<kedson@ns.net>, "Karen Jarrell (E-mail)" <kjarrell@smurfit.com>, "Karen
Koyano (E-mail)" <kykoyano@calpx.com>, "'Karen Lindh'" <karen@klindh.com>,
"Karen Mills (E-mail)" <kmills@cfbf.com>, "'Kari Harteloo'" <klc@aelaw.com>,
"Kassandra Gough (E-mail)" <kgough@calpine.com>, "'Kathy Brandenburg'"
<katherinebrandenburg@flaniganlaw.com>, "Kay Grosulak (E-mail)"
<kgrosulak@sppc.com>, "Keith McCrea (E-mail)" <kmccrea@sablaw.com>, "Kevin
Lynch (E-mail)" <Kevin.Lynch@pacifiCorp.com>, "Kevin Smith (E-mail)"
<kevins@ncpa.com>, "Kip Lipper (E-mail)" <kip.lipper@sen.ca.gov>, "Lawrence
Lingbloom (E-mail)" <lawrence.lingbloom@sen.ca.gov>, "Lenny Goldberg
(E-mail)" <lga@mother.com>, "Louis Szablya (E-mail)" <szablyal@epenergy.com>,
"Marc Joseph (E-mail)" <mdjoseph@adamsbroadwell.com>, "Marwan Masri (E-mail)"
<mmasri@energy.state.ca.us>, "Mary McDonald (E-mail)" <memcdonald@calpx.com>,
"Michael Alcantar (E-mail)" <mpa@aelaw.com>, "'Mike Kahl'"
<mikahl@ka-pow.com>, "Mona Petrochko (E-mail)" <mpetroch@enron.com>, "Pete
Conaty (E-mail)" <pcaceo@pacbell.net>, "'Phil Nails'"
<phil.nails@asm.ca.gov>, "Phil Stohr (E-mail)" <pstohr@dbsr.com>, "Ralph
Cavanagh (E-mail)" <rcavanagh@nrdc.org>, "Randy Chinn (E-mail)"
<randy.chinn@sen.ca.gov>, "Ray Thompson (E-mail)" <ray.thompson@sen.ca.gov>,
"'Rick Counihan'" <rick.counihan@greenmountain.com>, "Robert Berry (E-mail)"
<berry@apx.com>, "Robin Larson (E-mail)" <rlarson@caiso.com>, "Sheryl Carter
(E-mail)" <scarter@nrdc.org>, "Steve Pike (E-mail)" <pikes@epenergy.com>,
"Steve Ponder (E-mail)" <steve_ponder@fpl.com>, "Stu Wilson (E-mail)"
<swilson@cmua.org>, "'Sue Mara'" <smara@enron.com>, "Susan Reeder (E-mail)"
<sreeder@sppc.com>, "Terry Winter (E-mail)" <twinter@caiso.com>, "Thomas
Dinkel (E-mail)" <tdinkel@retx.com>, "Tim Schmelzer (E-mail)"
<Tschmelz@energy.state.ca.us>, "'Tommy Ross'" <rosst@sce.com>, "'Tony Braun'"
<braun@cmua.org>, "Victoria Schaefer (E-mail)" <schaefvl@sce.com>
		 Subject: Re: Proposed initiative on energy issue

FYI--  Despite strong urging, TURN did NOT join in the press conference or
the initiative proposal referenced in this message.  Obviously we may have
no choice but to do so in the future, depending upon how FERC, the
Governor, the Legislature and the CPUC react to the unfolding crisis.  For
now, we will continue to work for reasonable regulatory and legislative
solutions that protect small ratepayers from the consequences of a debacle
that they never asked for or wanted.   I am plannning to attend Friday's
meeting of the group (unless I am disinvited) so that we can discuss
constructive ways of making that happen.   MIKE

At 02:01 PM 11/28/2000 -0800, Delaney Hunter wrote:
>Folks-
>Below is a site with information on a proposed initiative from Harvey
>Rosenfeld dealing with the current energy issues facing California. Thanks
>to Julee Malinowski-Ball for the info on the site.
>
>Thanks,
>Delaney
>
>http://www.consumerwatchdog.org/utilities/pr/pr000842.php3.


That meeting was about my 13th of the day that began at 7:30, and that was
day three of the week with that kind of scheduling.  I apologize if I seemed
impatient in the meeting.  I know that you are working for the best interests
of Energy Operations and  Enron.  By the end of the day I was probably
looking for crisp, clear solutions to an issue that probably doesn't lend
itself well to that.

Why don't we set up a lunch so that you and I can have the opportunity to
talk separate from immediate issues at hand?  I will have Patti get a date on
the calendar.  --Sally

	Enron North America Corp.

	From:  Hector McLoughlin                           06/02/2000 03:21 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Yesterday's meeting

Dear Sally,
I should have and I could have made a better job of trying to sell my idea at
yesterday's meeting.   I'll be the first one to admit that all of my
suggestions are not always the best alternative but,   I hope that you
believe that I do have your best interests and Enron's best interests in mind
every time that I make a suggestion.
I hope to earn your trust as we continue to work together.
Sincerely, hgm


I am so sorry.  You guys gave him a really good life.

"Robert Kean" <rkean@starband.net> on 07/07/2001 01:48:08 PM
Please respond to <rkean@starband.net>
To: "Pat Hilleman \(E-mail\)" <pat.hilleman@rsparch.com>, "Greg Smith
\(E-mail\)" <grsmith@qwest.net>, "Greg Smith \(E-mail 2\)"
<gregory_r_smith@uhc.com>, "Colin Lamb \(E-mail\)" <dsmcolin@home.com>,
"Maggie Kean \(E-mail\)" <Ginny85956@aol.com>, "Nora Kean \(E-mail\)"
<Beetle81088@aol.com>, "Nora Kean \(E-mail 2\)" <nora_kean@duchesne.org>,
"Sann & Evelyn Gossum \(E-mail\)" <gossumr@worldnet.att.net>, "Doug & Karen
Reiman \(E-mail\)" <dkreiman@mcleodusa.net>, "Jean Kean \(E-mail\)"
<rex04@msn.com>, "Kathy Wedig \(E-mail\)" <kat.wedig@netzero.net>, "Melissa
Kean \(E-mail\)" <kean@rice.edu>, "Phil Kean \(E-mail\)"
<kean.philip@mcleodusa.net>, "Steve & Melissa Kean \(E-mail\)"
<skean@enron.com>
cc:

Subject: Houston 1996 - 2001

Houston died today after a long battle with Auto Immune Hemolytic Anemia.
Rest in peace.

Rob Kean


Please note, this is a one time ONLY email invitation to selected Power Mart Conference attendees.  If you are available and in Houston in December, please join us at our Techxans Energy  Holiday Mixer.

>> >>>>>>>>>>>>>>>>>  *  <<<<<<<<<<<<<<<<<<<<<<<<<<
Our December Holiday Party is hosted by:

 > Association of Information Technology Professional (www.aitphouston.org)
 > Association for Women In Computing ( www.awchouston.org )
 > Digital Eve ( www.digitaleve.com/houston/index.php )
 > Greater Houston Partnership ( www.houston.org )
 > Houston Java User Group ( www.hjug.org )
 > MIT Enterprise Forum of Texas ( www.mitforumtexas.org)
 > Techxans (www.techxans.org)
 > Women In Technology International ( http://www.witi.org )

>> >>>>>>>>>>>>>>>>>  *  <<<<<<<<<<<<<<<<<<<<<<<<<<

From: Lisa Hoot, Coordinator of Techxans Networking Social

You and your guests  are cordially invited to attend Techxans Holiday Party

=====================================
 IT'S ALL ABOUT PERSONAL RELATIONSHIPS
=====================================
WHAT: Techxans Holiday Party
        Happy Holiday!  Come join us to celebrate this Holiday Season!
        Don't miss this great opportunity to network with members from
        leading Houston technology associations.  Have fun, meet old
        friends, and make new ones.
        >> RSVP ONLINE: www.techxans.org/signup/holidaypartysignup.htm

WHEN: Thursday, December 13, 2001 from 6:00pm - 9:00pm

WHERE:  Gatsby Social Club
                    2540 University Blvd.   (713) 874-1310

WHO:  Techxans welcome all Technology and Industry
       Executives, CEO, CIO, VP, Directors, Analysts, Consultants,
       and Business Professionals!!  Dates Are Welcome!!
       >> INVITE YOUR FRIENDS & COWORKERS <<
       >> RSVP ONLINE: www.techxans.org/signup/holidaypartysignup.htm

DRESS:  Cocktail or Business

ADMISSION:  $10.00 (Cash or Check)  - a percentage of the admission
                         will be donated to selected charity

GET:    One (1) Free Drink / Appetizer / Win Cool Door Prizes

CORPORATE SPONSOR:
 > Applied Computer Research  ( http://www.acrhq.com)

EVENT SPONSOR:
 > Southwest Bio Conference - December 4-5 @Hyatt Downtown
       ( http://www.biosouthwest.com)

MEDIA SPONSOR:
 > Houston Business Journal
       ( http://bizjournals.bcentral.com/houston/ )

DONATION BENEFITING:
 > "Variety - The Children's Charity
        ( http://www.usvariety.org/main.html )

>> About Techxans (Networking Social Host)
The purpose of Techxans is to promote networking and community
among the professionals in Houston by providing an entertaining
environments for business, technology professionals, and
entrepreneurs to build new friendships, alliances and resources.
Each month we host "Happy Hours" that further promote networking
and social activities.  Join us by registering for our mailing
& invite list. This will allow us to notify you about our events.
Click to www.Techxans.org

>> Applied Computer Research  ( Major Corporate Sponsor )
Increase Your Sales And Marketing Assets!
Since 1972, the Directory of Top Computer Executives has been
the source that computer industry marketers turn to for up-to-date IT
management information. The Directory gives you immediate access to
more than 48,000 key decision makers at over 24,000 of the largest
U.S. and Canadian IT organizations. Plus, over 1,200 new sites are
added each year.
For more information, please visit - www.acrhq.com

>> Association of Information Technology Professional ( Co-Host )
AITP offers opportunities for Information Technology (IT) leadership and
education through partnerships with industry, government and academia. AITP
provides quality IT related education, information on relevant IT issues and
forums for networking with experienced peers and other IT professionals.
For more information, please visit - www.aitphouston.org

>> Association For Women In Computing ( Co-Host )
AWC's mission is to provide for the technical professional development of
computing specialists and to provide a formidable network, which is a source
of education, expert information and career opportunities for its members.
For more information, please visit - www.awchouston.org

>> Digital Eve ( Co-Host )
Houston's resource for women interested in technology and living a digital
lifestyle! We are part of an international, non-profit women's networking
group who are here to encourage, educate and empower women of all ages,
education levels and various interests in technology and new media.
For more information, please visit - www.digitalevehouston.org

>> Greater Houston Partnership ( Co-Host )
Do you want to be part of the tech community's voice by serving
as the eyes and ears of the local technology community?
Get involved with the Emerging Business Council by contacting
Linda Flores Olson at lfloresolson@houston.org or 713-844-3682.
For more information, please visit - www.houston.org

>> Houston Java User Group ( Co-Host )
HJUG is dedicated to the use of the Java(TM) Technology and Lifestyle.
We are one of the many Java User Groups worldwide. All of the HJUG
events, study groups and meetings are FREE to all Java enthusiasts. HJUG
has been created to satisfy all the educational needs about Java for all
levels. Therefore, HJUG proposes technical meetings, business meetings,
and study groups about Java.
For more information, please visit - www.hjug.org

>> MIT Enterprise Forum of Texas ( Co-Host )
Since 1984, the MIT Enterprise Forum of Texas, based in Houston,
Texas, has offered a basic group of services, which includes professional
seminars, start-up clinics, business plan workshops, case presentations,
and networking opportunities with peers, business specialists and venture
capitalists. Most of the local events are held at the Houston Engineering
and Scientific Society (HESS) building.
For more information, please visit - www.mitforumtexas.org

>> Women In Technology International ( Co-Host )
For more than a decade, WITI has successfully provided women in
technology inspiration, education, conferences, on-line services,
publications and an exceptional worldwide network of resources.
WITI is the first and only international organization solely dedicated to
advancing women through technology.  WITI's expansion includes the
development of web-based tools, products and services, innovative
support to women entrepreneurs, early-stage ventures, education,
technology centers, and media networks.
For more information, please visit - www.witi.org

>> About Southwest Bio conference (Event Sponsor)
December 4 - 5, 2001  Hyatt Regency Downtown Houston
The Southwest BIO Venture Conference and Symposium is one of the
nation's premier biotech and health science venture events.  This two-day
event will combine a venture educational symposium with an opportunity
for linking investors and related financial organizations with select
ventures in biotechnology, healthcare services, medical devices and
life sciences.  If you have an interest in emerging companies in the
biotechnology and health science industry, you need to attend.
Visit - www.biosouthwest.com

*** If you would like to be added to future event mailings,
     please click to www.Techxans.org or send an email to
     Lisa@Techxans.org

*** If you would like to be removed from future event mailings,
     please send an email request to REMOVE@Techxans.org .

*** PLEASE FORWARD THIS EMAIL TO ALL OF YOUR FRIENDS!!


Dave,

Thanks for the message. I don't think we need more time.

Vince

David Gorte
04/12/2000 06:47 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Meeting on Thursday

Vince,

I can do 9:30, but only for one half hour.  Please let me know if this works
for you.

Regards,

Dave


got it thanks


----- Original Message -----
From: "mickey taylor" <taylor_mickey@hotmail.com>
To: <dpriese@worldnet.att.net>
Sent: Wednesday, October 24, 2001 10:58 AM
Subject: Fwd: FW:]

>
>
>
>
> ---
>  > One day an out-of-work mime is visiting the zoo and
>  > attempts to earn
>  >
>  > some money as a street performer. As soon as he
>  > starts to draw a
>  > crowd,
>  > a zoo keeper grabs him and drags him into his
>  > office. The zoo keeper
>  >
>  > explains to the mime that the zoo's most popular
>  > attraction, a
>  > gorilla,
>  > has died suddenly and the keeper fears that
>  > attendance at the zoo
>  > will
>  > fall off. He offers the mime a job to dress up as
>  > the gorilla until
>  > they
>  > can get another one. The mime accepts.
>  >
>  > So the next morning the mime puts on the gorilla
>  > suit and enters the
>  >
>  > cage before the crowd comes. He
>  > discovers that it's a great job. He can sleep all he
>  > wants, play and
>  >
>  > make fun of people, and he draws bigger crowds than
>  > he ever did as a
>  >
>  > mime.
>  >
>  > However, eventually the crowds tire of him and he
>  > tires of just
>  > swinging
>  > on tires. He begins to notice that the people are
>  > paying more
>  > attention
>  > to the lion in the cage next to his. Not wanting to
>  > lose the
>  > attention
>  > of his audience, he climbs to the top of his cage,
>  > crawls across a
>  > partition, and dangles from the top to the lion's
>  > cage.  Of course,
>  > this
>  > makes the lion furious, but the crowd loves it. At
>  > the end of the
>  > day
>  > the zoo keeper comes and gives the mime a raise for
>  > being such a
>  > good
>  > attraction. Well, this goes on for some time, the
>  > mime keeps
>  > taunting
>  > the lion, the crowds grow larger, and his salary
>  > keeps going up.
>  >
>  > Then one terrible day when he is dangling over the
>  > furious lion he
>  > slips
>  > and falls. The mime is terrified. The lion gathers
>  > itself and
>  > prepares
>  > to pounce. The mime is so scared that he begins to
>  > run round and
>  > round
>  > the cage with the lion close behind. Finally, the
>  > mime starts
>  > screaming
>  > and yelling, "Help, Help me!", but the lion is quick
>  > and pounces.
>  > The
>  > mime soon finds himself flat on his back looking up
>  > at the angry
>  > lion
>  > and the lion says, "Shut up you idiot! Do you want
>  > to get us both
>  > fired?"
>  >
>  >
>
>
> __________________________________________________
> Do You Yahoo!?
> Make a great connection at Yahoo! Personals.
> http://personals.yahoo.com
>
>
> _________________________________________________________________
> Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp
>
>


Iris,

We can mention to Ben that the papers will be edited and
combined into a coherent review.

Vince

From:	Iris Mack/ENRON@enronXgate on 04/23/2001 01:49 PM
To:	Vasant Shanbhogue/ENRON@enronXgate, Vince J Kaminski/HOU/ECT@ECT, Amitava Dhar/Corp/Enron@ENRON
cc:
Subject:	FW: Enron Credit Model Docs for the Comparative Model Study - to be sent to Professor Duffie @ Stanford

Hi,

	Attached is a bit of feedback from Ben regarding the papers listed below.

	Can you help me out here?

Thanks,
Iris

 -----Original Message-----
From: 	Parsons, Ben
Sent:	Monday, April 23, 2001 3:05 AM
To:	Mack, Iris
Subject:	RE: Enron Credit Model Docs for the Comparative Model Study - to be sent to Professor Duffie @ Stanford

Hi Iris

I would not include paper 8, as paper 7 supersedes it. Also how much rewriting of these papers do you envisage? Some of them are not up-to-date, or were written poorly and under time-pressure, so what do you envisage eventually sending to Duffie?

thanks

Ben

From:	Iris Mack/ENRON@enronXgate on 21/04/2001 22:30 CDT
To:	Ben Parsons/LON/ECT@ECT
cc:	Vasant Shanbhogue@/O=ENRON/OU=NA/CN=RECIPIENTS/CN=NOTESADDR/CN=E6795104-40FF9820-86256525-68DAA0@EX@enronXgate, Vince J Kaminski/HOU/ECT@ECT, Scott Salmon/EU/Enron@Enron, Bryan Seyfried/LON/ECT@ECT, Nigel Price/LON/ECT@ECT, Tomas Valnek/LON/ECT@ECT, George Albanis/LON/ECT@ECT, Markus Fiala/LON/ECT@ECT, Craig Chaney/ENRON@enronXgate, Kim Detiveaux/ENRON@enronXgate, Amitava Dhar/Corp/Enron@ENRON, Tanya Tamarchenko/HOU/ECT@ECT, Mike Mumford/LON/ECT@ECT

Subject:	RE: Enron Credit Model Docs for the Comparative Model Study - to be sent to Professor Duffie @ Stanford

Hi Ben,

	I think I have read all the papers that are to be used in the comparative model study to be sent to Professor Duffie at Stanford.

	These documents are all listed below.   Please let me know if I have omitted any (However, don't get the impression that I am begging for more papers to read).

	Now I will try to transform my notes into a draft for Professor Duffie.

Thanks,
Iris

List of Papers  for Comparative Model Study

1.  Actively Managing Corporate Credit Risk:  New Methodologies and Instruments for Non-financial Firms
by R. Buy, V. Kaminski, K. Pinnamaneni & V. Shanbhogue
Chapter in a Risk Book entitled Credit Derivatives:  Application for Risk Management, Investment and Portfolio Optimisation

2.  Neural Network Placement Model
by George Albanis, EnronCredit (12/22/00)

3.  Pricing Parent Companies and their Subsidiaries:  Model Description and Data Requirements
by Ben Parsons and Tomas Valnek, Research Group

4.  A Survey of Contingent-Claims Approaches to Risky Debt Valuation
  by J. Bohn
www.kmv.com/products/privatefirm.html

 5.  The KMV EDF Credit Measure and Probabilities of Default
by M. Sellers, O. Vasicek & A. Levinson
www.kmv.com/products/privatefirm.html

6.  RiskCalc For Private Companies:  Moody's Default Model
Moody's Investor Service:  Global Credit Research

7.  Discussion Document:  Asset Swap Model
by Ben Parsons, Research Group (4/20/01)

8.  Asset Swap Calculator:  Detailed Functional Implementation Specification (Version 1.0)
by Ben Parsons, Research Group

9.  Discussion Document:  Live LIBOR Bootstrapping Model
by Ben Parsons, Research Group (4/20/01)

10.  The Modelling Behind the Fair Market Curves:  Including Country and Industry Offsets
by Nigel M. Price, Enron Credit Trading Group

11.  Pricing Portfolios of Default Swaps:  Synthetic CBOs  - Moody's versus the Full Monte (Carlo)
by Nigel M. Price, Enron Credit Trading Group

12.  Placement Model v1.0:  Discussion Document
by Ben Parsons, Research Group, 2000

13.  Credit Pricing Methodology - EnronCredit.com
by Ben Parsons, Research Group

14.  Correlation:  Critical Measure for Calculating Profit and Loss on Synthetic Credit Portfolios
by Katherine Siig, Enron Credit Group

15.  Discussion Document:  VAR Model for Enron Credit
by Ben Parsons, Research Group, (1/3/01)

16.  Methodology to Implement Approximate VAR Model for the Credit Trading Portfolio
by Kirstee Hewitt, Research Group


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/16/2000
05:10 PM ---------------------------

Alex Huang@ENRON
08/15/2000 05:57 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject:

Vince,
The book "Power Economics" can be downloaded from
http://www.stoft.com/

Best,
Alex


---------------------- Forwarded by Tamara Jae Black/HOU/ECT on 05/03/2001 07:26 AM ---------------------------
From:	Mark Symms/ENRON@enronXgate on 05/02/2001 05:17 PM
To:	Tamara Jae Black/HOU/ECT@ECT
cc:
Subject:	WebSite Link

TJ,
	Kevin has asked that we email the website link again to everyone.

Here it is
http://eastpower.dev.corp.enron.com/portal

Thanks

Mark Symms
Sr. Specialist - East Power
713-853-3105


Breaking news around the clock, insight from award-winning
journalists, online resources, exclusive features and much
more.

This is the second (and last) e-mail introducing you to
the features of our site.

Dear NYTimes.com Member,

As a new member of our community, we want to make sure
that you're not only enjoying our site, but that you're
also making the most of it.

Did you know that NYTimes.com is constantly updating and
improving, and there are even more new and useful features
available to you?

Here are just some of the features you may not know about:

Today's Headlines: Have daily breaking news from top New
York Times sections delivered right to your inbox. In one
concise e-mail, you can choose the number of headlines you
want to receive from any or all of the major sections of
NYTimes.com. You can even choose the time of day you want
to receive your headlines.

Customize your Today's Headlines now:
http://www.nytimes.com/services/email/email.html

Weekly Newsletters: You've got the whole New York Times at
your disposal.
Pick the sections you want. We'll deliver them right to
your in-box.

TRAVEL DISPATCH: Get a jump on special travel deals plus
an early look at the Sunday Travel section of The New York
Times.

YOUR MONEY: Stay on top of your personal finances with
analysis, information and a look ahead to the week's major
business events.

CIRCUITS: Plug into what's hot in digital technology. And
get a glimpse into the future with panel discussions about
the Next Big Things.

ADVERTISING: Which ad campaigns sizzle? Which are throwing
smoke? And why? Stuart Elliott provides weekly insight
with his must-read column.

For these and a wide selection of other exclusive
newsletters, go to:
http://www.nytimes.com/services/email/email.html

THE NEW YORK TIMES ARCHIVE: Over half a million articles
on demand.  The Archive houses over 500,000 articles
dating back to 1996.  You can get articles published
within the past week free and purchase older articles for
as little as $.80 per article. Pricing options include: 25
articles for $19.95, 10 articles for $9.95, and 4 articles
for $5.50 and single article for $2.50.
http://archives.nytimes.com/archives/

CROSSWORDS: In case you missed it, here's a second chance
for you to enjoy our Premium Crosswords FREE for 30 days.
For $19.95, you can enjoy them all year long?with
unlimited access to today's New York Times puzzle and over
2,000 archived daily, including both Sunday puzzles from
the Magazine, and our acrostic puzzles.
http://www.nytimes.com/freepuzzles

There's something new with every visit!
In-depth exposes, live streaming video and audio,
webcasts, resource guides, and much more. Make a point of
stopping by often. Every day you'll find something
exciting and different. Here's what's running right now:

Aids at 20: Our comprehensive world report discusses where
we are, where we're going, and where we need to be.

Summer Living Guide: From blockbuster films to home grill
recipes, we've got the season covered.

Live fashion shows: Get you within an arm's length of the
world's catwalks.

Live streaming audio: Tune in to NYTimes.com for the best
in classical music streaming live.

Thanks again for becoming a member. We hope you'll make a
point of visiting us often.

Sincerely,

New York Times on the Web

P.S. Here's a great idea submitted by one of our members:
bookmark our Navigator Guide. When you're looking for
information, Navigator, the home page of The New York
Times newsroom, is a great starting point; it even
provides regularly updated lists of useful Websites.

http://www.nytimes.com/library/tech/reference/cynavi.html?welcome

ABOUT THIS E-MAIL
----
This is the second and final introductory e-mail you will
receive. As a member of the BBBOnline Privacy Program and
the TRUSTe privacy program, we are committed to protecting
your privacy. Please do not reply directly to this e-mail;
you may contact us at comments@nytimes.com.


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
E-mail the completed forms to: market_relations@nyiso.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Date/Time:   11/20/00   1:15pm CST
Billing Org. Name:  Enron Power Marketing, Inc
Billing Org. ID#:
Requesting Person
    Name:   Rebecca M. Grace
    Phone:   713-853-9771
    E-mail:   rgrace@enron.com
Period for Which Billing Requested:
    DATE:      11/17/00
    HOURS:      SH20 & 21
Unit Name:
Unit PTID#:
LSE Name:
LSE ID#:
Load Bus Name:
Load Bus PTID#:
Transaction ID#:     5037153 (SH20) & 5037161 (SH21)
Grandfathered Transmission Rights ID#:
Scheduling Organization:
TCC Source/Sink:
TCC ID#:
Billing Codes Affected:     517
Brief Description of Problem:    Settlement detail for SH20 & 21 does not
match the on-line screens. I have verified on-line that the bids
      were accepted and energy was scheduled in HAM.

      Trans ID SH Scheduled Settlement

      5037153 20 213.0  225.2913
      5037161 21 188.0  190.0692

Tracking Number:   [for NYISO use]
Reviewed by:  [for NYISO use]
Date:  [for NYISO use]
Analyis Required?:  [for NYISO use]
Final Action Taken  (Include Date and person(s) taking action):  [for NYISO
use]
Sign off & Date:[Mgr. - NYISO Grid Accounting]


Just anything you want me to know about to represent you would be fine.  I
feel comfortable with where you are going to be placed, and can represent you
just fine with Kam's input.  How are things going?  How's the baby.  Hope all
is going well.  Take care.

Randy


I just spoke to Stephanie Sever with the EOL team, and she said this counterparty has been approved and should migrate tonight and they will send them a password out tomorrow.

 -----Original Message-----
From: 	Greenberg, Mark
Sent:	Monday, October 01, 2001 12:53 PM
To:	Jones, Tana
Cc:	Hansen, Leslie
Subject:	FW: Douglas Co. PUD

Tana -

Do we have anything on this entity that is in the pipeline?  I do not have anything on this.

If you do not, I wonder if it is another one that Dan Hyval was handling prior to his departure?

Mark

 -----Original Message-----
From: 	Hansen, Leslie
Sent:	Monday, October 01, 2001 12:08 PM
To:	Greenberg, Mark
Cc:	Hall, Steve C. (Legal)
Subject:	FW: Douglas Co. PUD

Mark:

Can you please give Steve Hall a call today to discuss teh status of this matter.

Thanks,

Leslie

 -----Original Message-----
From: 	Hall, Steve C. (Legal)
Sent:	Monday, October 01, 2001 12:01 PM
To:	Hansen, Leslie
Cc:	Scholtes, Diana; Rosman, Stewart
Subject:	FW: Douglas Co. PUD

Any insight on what is holding this up?

 -----Original Message-----
From: 	Scholtes, Diana
Sent:	Monday, October 01, 2001 9:31 AM
To:	Hall, Steve C. (Legal)
Cc:	Rosman, Stewart
Subject:	Douglas Co. PUD

Douglas County has been trying to get signed up with EOL for over a month.  From what the Help Desk is telling me, they believe its sitting with legal at this point.  Can you please assist us in getting their paperwork finished?

Much appreciated!

Diana Scholtes
West Power
503-464-3807


Mary - I can come in on Tuesday.

Mary Poorman@ENRON
12/20/2000 08:34 AM
To: Michael Olsen/NA/Enron@Enron, Tom Acton/Corp/Enron@ENRON, Clem
Cernosek/HOU/ECT@ECT, Robert Cotten/HOU/ECT@ECT, Jackie Young/HOU/ECT@ECT,
Sabrae Zajac/HOU/ECT@ECT, Carlos J Rodriguez/HOU/ECT@ECT, Mark
McCoy/Corp/Enron@Enron, Aimee Lannou/HOU/ECT@ECT, Mary
Poorman/NA/Enron@Enron, Eddie Janzen/NA/Enron@Enron
cc: Daren J Farmer/HOU/ECT@ECT, Lauri A Allen/HOU/ECT@ECT
Subject: Tuesday, December 26th

We will need a small staff to handle potential trades for Wed. the 27th.
Most of the pipelines are out of the office, so I would expect the work load
to be minimal.  I plan on coming in, and would like to have a minimum of
three on staff, so I need two volunteers (one offsystem, just in  case).  If
anyone is going to be in town, please forward a number, in case we need to
call any additional people in, or have you work on a laptop from home.  I
will get with you after the new year to make up the holiday you miss, or, you
can schedule your day now, I have the calendars.  Also, I will be out on
vacation Friday, Dec. 22nd and will need someone to send the nominations to
the plants, I don't expect to have full system coverage, just HPL/HPL and
HPL/ENA as needed.  Let me know if you are interested in learning how to do
this.

Thank you,

Mary


www.EnergyAuctionPlace.com is the on-line oil and gas property auction
where you can bid on and purchase oil and gas properties at a live auction.

Bidding starts on Wednesday, December 5th and closes on Friday, December 7th
for our up-coming auction next week.  Extensive property information is
available now on-line.  Such information includes check stubs, JIBs,
production decline curves, well site photos, plats, isoplats, seismic data,
etc.

Below is a list of the properties for sale at this auction along with
selected minimum sale prices:

PRODUCING ROYALTY INTERESTS

State    County
OK       Roger Mills              $1,000/mo in Royalty Payments from Gas
Property
OK       Roger Mills              $150/mo in Royalty Payments from Gas
Property

PRODUCING PROPERTIES

Oil                 Gas
                              # of          Interest
Gross            Gross
State    County      wells          Type
Bbls/mo      mmBtu/mo
NE        Banner         5           60.5% WI in Water Flood w/ops
154
            NO MINIMUM SALE PRICE ON THIS PROPERTY
KS        Comanche    4          15% WI
6,900
TX         Orange         1          4.2% WI
7,740          12,760
TX         Victoria         2         100% WI Workover or Salvage
(1)
MT        Toole            1          75% WI  w/ops
120                         (2)

(1)  $20,000 minimum sale price.
(2)  $25,000 minimum sale price.

DEVELOPMENT PROSPECTS

State    County

MI         Montcalm                      100% WI in 997 Acre Gas Prospect
with Complete Geological Workup
OK        Pontoloc & Johnston      100% WI in 143 Acres
CO        Weld                            100% WI in 1,922 Acres - $9,600
Minimum Price
CO        Moffat                           100% WI in 4,797 Acre Prospect -
$24,000 Minimum Price
CO        Moffat                           100% WI in 1,600 Acre Prospect
CO        Moffat                           100% WI in 812 Acre Prospect
CO        Moffat                           100% WI in 640 Acre Prospect
CO        Garfield                         100% WI in 640 Acre Prospect
CO        Rio Blanco                    100% WI in 1,599 Acre Prospect
UT        Grand                            100% WI in 2,517 Acre Prospect
UT        Emery                           100% WI in 1,560 Acre Coal Gas
Prospect - $7,500 Minimum Price
KS        Ness                             100% WI in 470 Acre Prospect
WY       Fremont                        100% WI in 3,280 Contiguous Acre Oil
Prospect
WY       Uinta                             100% WI in 640 Acre Coal Gas
Prospect - $3,800 Minimum Price
WY       Uinta                             100% WI in 640 Acre Coal Gas
Prospect - $2,300 Minimum Price
WY       Johnson                        100% WI in 160 Acre Coal Gas
Prospect - $1,000 Minimum Price

UNIQUE OPPORTUNITY TO UNCOVER PROSPECTS

2,250 Oil & Gas Well Logs Covering 23 million feet of hole drilled in
Southern Louisiana - $25,000 minimum sale price.

BUYER SIGN-UP - There is no charge to sign up as a buyer.  Just call up our
site at http://www.energyauctionplace.com and click on BUYER SIGN-UP.  We
will send you our buyer agreement by auto-fax in a few minutes .

SELLERS pay only 2% of sales value to sell a property through us.  We send
catalogs to 15,000 perspective buyers and we have 700 registered members in
28 states and Canada.  Call up our site and click on SELLER SIGN-UP.
Complete the short request form and we will send you a sales information
packet.

Please contact us at sales@energyauctionplace.com or 303-623-0747 if you
have any questions or comments.

Best regards,

John R. Bower
Energy Auction Place, LLC

This is not an offer to buy or sell securities in any state where prohibited
by law and/or Neidiger, Tucker, Bruner, Inc. and its' representatives are
not registered.
Securities Services Provided by Neidiger, Tucker, Bruner, Inc. Member
NASD/SIPC
1675 Larimer Street, Suite 300 Denver, Colorado 80202


Also... What is the Enron dress code?  Do my clothes have to match?   I don't
think I've really ever had a professional image.  Do I have to shave?  I
don't think I've ever been anywhere on time.  This whole meeting thing is
going to be difficult for me.  Just thought you needed to know.

D

	From:  Yvette G Connevey @ ENRON                           03/01/2000 01:28 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Re:

please don't . . . . you will be tempted to doodle and then what would people
think?

Daren J Farmer@ECT
03/01/2000 12:12 PM
To: Yvette G Connevey/Corp/Enron@ENRON
cc:

Subject: Re:

Do I need to bring a pen and paper?  Is that considered "professional"?  I
think it would be more impressive if you were taking my notes.  Let me know
what you think.

D

	From:  Yvette G Connevey @ ENRON                           03/01/2000 11:54 AM

To: Lisa Csikos/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Mary M
Smith/HOU/ECT@ECT, Rita Wynne/HOU/ECT@ECT, Steve Venturatos/HOU/ECT@ECT, Pat
Clynes/Corp/Enron@ENRON, Michael Walters/HOU/ECT@ECT, Eric Bass/HOU/ECT@ECT,
O'Neal D Winfree/HOU/ECT@ECT, Bryan Hull/HOU/ECT@ECT, David
Baumbach/HOU/ECT@ECT
cc: Brenda F Herod/HOU/ECT@ECT
Subject:

REMINDER:

Tuesday, March 7th there will be an ENA Gas Assets Meeting with Cliff Baxter
and Greg Whalley from 2:00 - 3:00 pm in Conference Room EB5C2.

Everyone who supports the ENA Gas Assets business is encouraged to attend,
this includes each Manager and your groups.  Understanably, you may need some
people covering desks and phones who won't get to attend.  For those who will
be able to make it, keep in mind we would like to leave everyone with a
professional image of our groups.  Please encourage your groups to be there
on time if not slightly early and modeling the Enron dress code.

If you have any questions please call.

Thank You!
Yvette
x3.5953


Do you have any more news on Natolie/IBC?  I am ready to get aggressive.
Also---We need to meet regarding Calpine and decide how to proceed.


State energy contracts must be paid off by users in system

By Ed Mendel
 SAN DIEGO UNION-TRIBUNE STAFF WRITER

July 12, 2001

SACRAMENTO -- California businesses are being hit by big electricity rate
increases, some as high as 100 percent, and they would like to be able to
shop around for cheaper power.

But state regulators are poised to ban customer choice, or "direct access"
as it has come to be called, because they want to make sure that enough
customers remain with utilities to pay for state power purchases.

After a month of closed-door talks, the revelation that the state has signed
$43 billion worth of long-term power contracts at above-market prices helped
scuttle an attempt to work out a compromise in the Assembly.

*
<http://www.signonsandiego.com/news/reports/power/20010712-9999_7m12correct.
html> For the record: Power story correction

*
<http://www.signonsandiego.com/news/reports/power/20010712-9999_1n12enron.ht
ml> Senate panel, energy firm fighting tough

  <http://www.signonsandiego.com/images/trans_1x1.gif>

"If the intent of the big customers is to leave the small customers paying
for those contracts, we are going to fight like hell," said Lenny Goldberg,
a lobbyist for The Utility Reform Network.

Jack Stewart, president of the California Manufacturers and Technology
Association, said large business users were offering to pay off the back
debt of Southern California Edison, estimated at $3.5 billion, in exchange
for direct access.

"I thought we were making a lot of progress until the information on the
contracts came out," Stewart said. "We really don't have a way of dealing
with those contracts."

Now Stewart is suggesting that direct access be slowly phased in over a
period of years and that the long-term power contracts be renegotiated,
perhaps with some being switched from the state to big-business users.

The manufacturers association and the California Chamber of Commerce helped
organize a business coalition, Californians for Energy Action, that wants a
cheaper alternative to power purchased for utility customers by the state.

"Many large and small California businesses have seen their electric bills
double," says a newspaper ad being run by the coalition this week. "These
cost increases are a burden that will cause consumer prices to increase,
some businesses to fail and jobs to be lost."

A rate increase approved by the state Public Utilities Commission for PG&E
and Edison customers in May fell heaviest on business users. The PUC said
that the average residential increase was about 50 percent, while the
average business increase was about 75 percent.

Legislation that authorized the state to begin buying power in January for
the utilities, who were crippled by a failed deregulation plan, bars rate
increases for residential customers who use up to 130 percent of the
baseline, the minimal amount deemed necessary for a household.

Senate President Pro Tempore John Burton, D-San Francisco, and other
legislators have argued that large businesses should bear most of the burden
of the failed deregulation plan because it was business, not residential
consumers, who pushed for deregulation.

Alan Zaremberg, president of the California Chamber of Commerce, said that
forcing businesses to bear a "disproportionate" rate increase will cost
everyone through higher prices for goods and services and possibly a loss of
jobs.

"If government didn't allow implementation of deregulation in the right
manner," Zaremberg said, "then we all have to find a solution. We are all in
this together, and that's residential and business alike."

The legislation that authorized the state to buy power also directed the PUC
to ban direct access power purchases, if the loss of rate revenue from the
departing customers would harm the ability to pay off a power bond.

The state plans to issue a bond of up to $13.4 billion in September or
October to repay the taxpayer-supported state general fund for power
purchases. The bond would be paid off by ratepayers over 15 years.

Last week, the Senate rejected a bill by Sen. Debra Bowen, D-Marina del Rey,
on a 19-12 vote that would have allowed businesses to shop for power if they
paid an "exit fee" to protect the bond payments. Business groups said the
fee was too large and would not result in lower power costs.

"I cannot carry a direct-access bill that makes it harder to sell the bonds
or that shifts costs from large users, who leave for cheaper power, to
smaller users and residential ratepayers," Bowen said.

Burton and Bowen have both criticized Gov. Gray Davis' plan to keep Southern
California Edison from joining Pacific Gas and Electric in bankruptcy. They
say the plan, which includes the state purchase of the Edison transmission
system, is too generous to Edison.

Both Burton and Bowen have suggested that an Edison bankruptcy may not be a
calamity. But in the Assembly, Speaker Robert Hertzberg, D-Van Nuys,
launched a drive for an alternative Edison rescue plan that was based on
gaining business support by offering direct access.

Hertzberg asked a former Democratic assemblyman, Phil Isenberg of
Sacramento, to try to work out an agreement among the various special
interest groups: business, labor, consumers and generators.

The basic plan considered by the Isenberg group would have left "core"
customers -- residences and small businesses -- in a regulated system
receiving power at stable prices from the generators and contracts retained
by the utilities.

Businesses and other large users, the "non-core" customers, would be free to
shop around for low-cost power by 2003 if they agreed to help pay off the
Edison debt.

The Edison rate increase for large users would be limited to 50 percent. The
PUC would create a "balancing account" to track costs, issuing a refund if
too much was collected or raising rates if revenue fell short.

Business and generator groups told Hertzberg last week that they reached
agreement on a general framework, with the exception of the state purchase
of the Edison transmission system and some other issues. But the consumer
and labor representatives opposed the framework.

Mike Florio of The Utility Reform Network said in a dissenting statement
that an across-the-board allocation of state power costs would be "clearly
unfair" and cause residential users to subsidize direct-access customers.

Hertzberg said he is considering some of the ideas in the framework
presented by the Isenberg group and may make a proposal in a week or two.

"We are looking at all the possibilities," Hertzberg said. "We are trying to
do some form of direct access within the current contract structure."


Thought you might like the attachment.

ds

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

i'm having the prints made.
they will be on 11x17 in color
100 of them.
maria
5.1790


-----Original Message-----
From: 	Tribolet, Michael
Sent:	Friday, November 16, 2001 3:30 PM
To:	Buy, Rick
Subject:	PG&E settlement offer

Below are the proposed discounts we discussed with Ken Lay this afternoon:

USD millions:
                          Cash from 85       P+L with 85 cent
             Discount   cent sale of claim    sale of claim

Enron      $ 85.0 (17%)       $361.8             +$129.1
PG&E       $237.0 (46%)       $232.6             -$  0.1
Midpoint   $161.0 (32%)       $297.2             +$ 64.5

If the midpoint (value between PG&E and Enron settlement offers) is acceptable from a liquidity and P+L standpoint, propose countering at a discount of $123 million (move half way to midpoint) to provoke a counter offer.   Intent is to settle at midpoint discount of $161 million.  The Excel file is attached.


Start Date: 3/12/01; HourAhead hour: 17;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001031217.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 17 / Preferred:  51.15 / Final:  51.12)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 3/12/01
  SC_ID: EPMI


Don't think so, but I'll check w/the NYMEX and let you know....

	Robert Bruce@ENRON
	Sent by: Robert Bruce@ENRON
	01/24/2001 04:38 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: FYI-NYMEX Training

thanks Tana.  Is there a cost to attend?

Robert E. Bruce
Senior Counsel
Enron North America Corp.
T (713) 345-7780
F (713) 646-3393
robert.bruce@enron.com

	Tana Jones@ECT
	01/24/2001 04:17 PM

		 To: Brent Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT,
Mary Cook/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Robert
Bruce/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cheryl Nelson/NA/Enron@Enron,
Francisco Pinto Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc:
		 Subject: FYI-NYMEX Training

The NYMEX will hold the following classes in Houston in June. Those of you so
inclined might want to reserve a seat now, as they go fast.  All the February
classes are already booked.  You can call the NYMEX at 713/658-9292 if you
would like to attend.

1.  Introduction to NYMEX Products-held June 7
2.  Intermediate Hedging-June 14 (Intro a prerequisite)
3.  Intermediate Options-June 17 (Intro a prerequisite)


No development is easy.   I see nothing on your list that cannot be overcome.   Please develop a plan to have a 150 MW on-line my May 02 with rented diesel equipment.   We would install the diesels at OPPD distribution substations.   We may have to do 15 different installations to acheive the desired result.

Last year Com-Ed and IPL completed an installation with CATs in 3 months.   The key is to get OPPD to cooperate with interconnections at the distribution substations and we will get credit for losses.

Please work with Terri and Ed.   If you need any additional info after working through a plan with Terri and Ed, please let me know.