Grant,

Sorry for the silence. It's definately not a commentary on your work - I've
been travelling back and forward between Sydney and London like a yo-yo and
trying to tidy up things on our end. I've been working on incoporating your
material and will spend all of tomorrow on this (hopefully!) so that I can
ask for the last few amendments before the w/end.

Many thanks and best regards.

Chris.

----- Original Message -----
From: Grant Masson <Grant.Masson.ECT@enron.com>
To: Chris Strickland <chris_strickland@compuserve.com>
Sent: Tuesday, June 27, 2000 8:54 AM
Subject: Re: chapter 3 revisions

>
>
>
> Chris:
>
> I can't decide if I should take your silence over the past several weeks
to mean
> that you are getting stuck into finishing up the book or you are just so
> thoroughly disgusted with our work that you would like to wash your hands
of us.
>
> I've been stuck on trying to get the last figure mentioned in the chapter
into a
> format that I like.  The problem is the volatility found in the
regressions is
> on the order of several hundred percent, and so when I plot the historical
data
> next to a simulated curve over the course of the year, the simulated curve
tends
> to drift up or down stupidly both in the Jump diffusion and Garch+Jump
diffusion
> model.  Any suggestions would be accepted with pleasure. I wonder if I
should
> skip the figure.  It seems a pity to do so however, because otherwise the
last
> section comes off as a bit of an afterthought, and I would like to present
a
> practical example.  Again any guidance would be appreciated.
>
> Anyway, I am sending you a somewhat improved draft now (minus only the
last
> figure), rather than sit on the whole thing while I stew on this bit,   I
hope
> this will be useful to you.  Because I am leaving for holidays at the end
of the
> week, I can guarantee you that you will have a final draft before then.
>
> Regards,
> Grant.
> (See attached file: cs260600.doc)
>


I located the previous draft for your review.

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


Eddi Reitz returned your call - Tel: 713 260 8654


I have attached the Books and Portfolios setup in Global Counterparty todate.  We are still making modifications as requested.

Bill


hey guys, the model just converged, beautifully. thanks for having the guts
to try something big.

clayton


Dan Douglass from Arter & Hadden in the Los Angeles area is WPTF's attorney.
He plans to meet with the attorney from the AGs office to try to narrow the
scope of the questions.  In the meantime, he will be putting something
together in draft, which he will circulate to everyone.  But it's not due
until Dec 13.


Works for me.

Kay

BOB CARTER@ECT
03/26/2001 09:55 AM
To: michael.barnas@ps.ge.com, scott.dieball@enron.com,
roseann.engeldorf@enron.com, ed.b.hearn.iii@enron.com, kay.mann@enron.com,
john.g.rigby@enron.com, dean.russell@enron.com, kent.shoemaker@ae.ge.com,
stephen.swift@ps.ge.com, pthompson@akllp.com, sheila.tweed@enron.com,
pthompson@akllp.com
cc:

Subject: World Hunger Conference call

Group:  Sorry to get back to you so late on this.  Kent Shoemaker is not
available for a 1:00 pm CST call.  Would tomorrow at 10:00am CST work for the
group?  If not, please let me know times you would be available.


Attached is the approved invoice management procedure for REMEDIATION
projects associated with EPSC operations (EOTT assets).  The procedure was
developed to streamline the insurance recovery process.  If you have any
questions please give me a call.  Also, please forward this to any
individuals that may need access to the procedure.

Thanks, Bill
713.646.7644


In order to continually develop and make improvements to the functionality of EnronOnline we are rolling out several changes tonight, which will be in effect on Monday August 20, 2001. Some of these changes will affect Stack Manager while others affect the Website. A summary of these changes is listed below.

Stack Manager Changes

Top of Stack limit orders - This feature will allow the price submitted via limit orders to be displayed on the website if their bid or offer is better than the trader's stack price. Stack Manger will list the price and the names of counterparties submitting such orders on the  floated stack window.  Orders will be queued by price and time stamp. When a counterparty trades on a " Top of Stack Entry" it will create back to back transactions; one between Enron and the counterparty submitting the order, and the other between Enron and the counterparty clicking on the website.

In order to turn on this functionality select the " Allowed Top of Stack" option, in the Orders section of the product properties page.  If regular limit order functionality is desired the "Allowed"  option should be selected.

Please note that this feature will be released in a disabled mode and will be turned on sometime next week after determining which business units want to roll this out.

Restricted Top of Stack limit orders - This feature will allow the price submitted only by internal traders via limit orders to be displayed on the website if their bid or offer is better than the trader's stack price. Stack Manger will list price and the names of counterparties submitting such orders on the  floated stack window.  Orders will be queued by price and time stamp. When a counterparty trades on a " Top of Stack Entry" it will create back to back transactions one between Enron and the counterparty submitting the order, and the other between Enron and the counterparty clicking on the website.

In order to turn on this functionality select the " allowed as Restricted Top of Stack" option, in the Orders section of the product properties page.  If regular limit order functionality is desired the "Allowed"  option should be selected. If a product has active orders against it you will not be able to select the "Restricted Top of Stack" feature.

Advanced Filtering Ability on All Products Tab -  Drop down filtering capability is now available for each field in the All Products tab in stack manager. In order to filter click on the arrow next to the field title. A drop down box with a list of attributes will appear. Highlight the attribute by which you wish to filter. To turn off the filter click on the arrow and select the " All" option from the drop down box.

Website Changes

New Submission Screen for Restricted Top of Stack Limit Orders -  The submission screen for  products that allow  Top of Stack or Restricted Top of Stack limit orders is as follows.

The submit button on the left makes a submission for a normal transaction, while the button on the right will submit as a limit order.  In case of the Restricted Top of Stack limit orders only internal traders will see the new submission box.

Price of Limit Orders

Modify Limit Orders
 Customers now have the ability to modify the price of any active order. In order to do so highlight the order to be modified and use the plus or minus sign next to the price field on  at the top of the "Today's Orders" section. The price will move up or down in the same increments as the tick size for that product. Once the price is at the desired level click the "Set" button and the price will be modified. Another way to modify the price on a limit order is to click on the price field on a particular limit order.  You will see a box with plus, minus and set buttons that allow you to modify that order.

Expiration time for Limit Orders
Customers can now place limit orders with expiration times of up to 30 days. Currently they may place orders for only up to 12 hours.

Float the Today's Orders Section
You can now float the " Limit Order " section. In order to do so, right click in the "Today's Orders " section and select the float window option. In order to make the window " Stay On Top " right click on the floated window and select the stay on top option.

Mid Market Client - Mid market originators will now have the ability to transact on behalf of their customers, while including their desired margin on the trade, on EnronOnline products. In order to do so Click on the bid or offer price, a customised submission window will appear.  Select the counterparty for whom you wish to transact from a drop down list , enter the desired customer price and margin and click submit. For example if a customer wants to buy Nymex Sep 01 at 3.36 and you wish to have a 1 cent margin, please enter 3.36 as the desired price and 0.01 as the margin. The system will trade the order when the EnronOnline offer for Nymex Sep 01 is at 3.35, book the trade at 3.36 and record the 0.01 origination amount.

In order to be set up to use this functionality. Please call the EnronOnline Product Control Group.

Changes to Website Passwords - As an added security measure, which has been requested by many customers, some new password rules have been instituted. First, the password cannot be equal to the login ID. Second, each user will be prompted to change his password every 90 days. These rules apply to all website passwords for both internal and external users.

Please note  Stack Manager changes will be available all traders as of Monday August 20, 2001. The changes to the website will be rolled out to a few internal users on Monday with the rest of the internal users being upgraded Monday night, and external users by the end of the week.  Over the next couple of weeks all users will be prompted to change their website passwords.

If you have any questions regarding these changes please contact me at 713-853-1787.

Savita Puthigai

<Embedded Paintbrush Picture>


i'll give him a call in a few minutes..

 -----Original Message-----
From: 	Hayslett, Rod
Sent:	Friday, November 16, 2001 4:53 PM
To:	Fossum, Drew; Soldano, Louis
Cc:	Desai, Jayshree
Subject:	RE: Transwestern Environmental Disclosures

CAn you 2 help her out here?    I believe the footnotes probably cover it, but to the extent you have more, it would be helpful.

 -----Original Message-----
From: 	Desai, Jayshree
Sent:	Friday, November 16, 2001 4:51 PM
To:	Hayslett, Rod
Subject:	Transwestern Environmental Disclosures

Hello Rod,

In the audited financials, there are footnotes that explain some of the environmental liabilities.  Is this what you referred to when you asked if I had the disclosures?  If not, is this a separate document that I need to have for the "data room?"

Thank you,
Jayshree


We are short 100 mws in SP-15 for tomorrow, 05/02 on peak.  We are short at
$212.  Please call me with any questions.
Thanks,
Bill


Dear Stacy,

Thanks for your note.  I've had a chat with Dave and Justin about your
concerns. The issue we face is that the underlying legal structure of EOL,
namely the Password Application and the Electronic Trading Agreement, always
defines the Enron entity with which counterparty trades as "Enron", and
similarly the counterparty is always "Counterparty".  Also, a trade that is
entered into is defined as a "Transaction".  For this reason, we had ensured
that the nomenclature in our GTCs, the market descriptions, and the EOL
confirmations that we have drawn up, was conformed with the underlying
structure.  If Mark or yourself  think that the US GTCs do not need to
reflect this, please could you advise so that I can arrange for changes to
the GTCs to be made.

Best regards,

 Edmund.

Stacy E Dickson
10/01/99 09:50 PM
To: Edmund Cooper/LON/ECT@ECT
cc: David Forster/LON/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Jeffrey T
Hodge/HOU/ECT@ECT, Kathryn Cordes/HOU/ECT@ECT
Subject: Re: U.S. Gas GTC's

I have two concerns.

1)  Houston Pipe Line Company should not be referred to as Enron in the GTC.
It should be referred to as "HPL".  It is fine for Enron North America Corp.
to be referred to as Enron.

2)  The physical U.S. gas confirmation system does not use Counterparty.  It
uses Customer.  If we change the GTC to read Counterparty it will not be
consistent with the confirm that is issued to the Customer.  The U.S. gas GTC
should not refer to Counterparty.

Please let me know if you have any questions.

Stacy


<<0071988 RESO Enron.doc>>

Dan:

First, I've attached the proposed resolution which authorizes the City
Manager to execute the Enfolio agreement.

More importantly, I need to inform you that our senior management has
reviewed the referenced contract; I have been asked to present additional
changes to the agreement for Enron's consideration and to raise questions
about certain of its terms and conditions.

Let me start from page 1, top to bottom, and proceed to the end of the
exhibits.

1.  There is the word "DRAFT" above the title of the Enfolio agreement which
should be deleted.

2.  The introductory paragraph, line 5, should not contain the words "1st of
January, 2001."  It should be left blank, until the parties have signed the
contract.  Otherwise, the City will be in breach as of the date it signs the
contract, because Article 2, section 2.1 requires the City to proffer the
to-be-approved-by-Council resolution as of 1/1/01.

3.  Article 2, Section 2.4, line 2.  The City (Customer) wants Enron
(Company) to confirm every recorded telephonic Transaction, as defined.
Therefore, the City requests the word "may" should be changed to "shall."

4.  Article 3, Sections 3.1 and 3.2, first sentence:   Buyer's Requested
Quantity refers to the DCQ or MaxDQ.  Seller's failure to Schedule the
Buyer's Requested Quantity shall constitute a Seller's Deficiency Default.
How does a Maximum Daily Delivery Point Quantity fit into a Seller's
Deficiency Default if the Buyer's Requested Quantity does not include a
Maximum Daily Delivery Point Quantity?  What is the reason for the omission?

5.  Article 4, Section 4.1, lines 15 and 23:  Line 23 refers to "reasonable
attorneys' fees" yet line 15 refers to "attorneys' fees."  To be internally
consistent, line 15 should say "reasonable attorneys' fees."

6.  Section 4.1, right hand column, lines 3-4.  A statement showing the
determination of the Termination Payment will be prepared.  It's unclear
whether the City is entitled to review and challenge the determination
before a dispute is referred to arbitration.  The City should be entitled to
receive a copy of the determination and to question it before it is
obligated to pay the Termination Payment.  Please clarify, or permit the
City to exercise these rights.

7.  Section 4.2(iv) specifies that a Triggering Event will exist if a
bankruptcy petition is undismissed within 30 days.  Is this (under
bankruptcy laws) the minimum period of time within which one may seek
dismissal of a bankruptcy petition?  Please refer to the 11 USC section that
backs up this provision, or change to 60 days.

8.  Section 4.2(v) and (vi):  Please change "30 days" to "5 days."  The City
is concerned with the number of days that Enron may be permitted to fail to
Schedule before a Triggering Event is triggered by Enron.

9.  Section 4.2(ix):  this language discusses a default by Enron Corp.
(ENA's parent?), but no mention is made of ENA's default in this regard?
Please explain.

10. Section 4.5, line 4:  Is "a Company" supposed to refer to "the Company"
?

11. Article 5.  The City is uncomfortable with the force majeure provision
as drafted.  It states that the parties must perform even if a FM event
(earthquake) would prevent either or both parties from performing with the
60-day period stated therein.  There is no such limitation under California
law in the absence of a contract provision to the contrary.

12.  Article 7, Section 7.2:  Could Enron translate the last sentence?  We
don't understand it.

13.  Appendix "1":  Act:  Please explain why Section 3 is referred to?

14.  Appendix "1", Claims, line 4:  Please add "reasonable" before
"attorneys' fees.

 15.  Appendix "1", GAAP:  This should read: "GAAP means generally accepted
accounting principles, consistently applied, with respect to Company, and
governmental generally accepted accounting principles, consistently applied,
with respect to Customer."

16.  Appendix "1", Interest Rate:  Please delete "two percent over".  The
City has a AAA bond rating, therefore, the  City believes the 2% over prime
should not apply to it.

17.  Appendix "1", Material Adverse Change:  What does Enron believe the
City's Net Worth to be?  The $400 million threshold is mentioned.  Also,
what is ENA's bond rating?  Is "BBB-" an investment grade rating?

18.  Representations and Warranties:  Because we have agreed that the
opinion of counsel will not be required, the reps and warranties are being
deleted.  But the "Representations and Warranties" is nevertheless included
in the agreement.  Item (i) should be deleted, because the City has not
undertaken a court search as is our custom and practice whenever we issue an
opinion.  We would like to delete "and (vii) it is not ... Party."

19.  Operational Flow Orders, line 8:  Please add "reasonable" before
"attorneys' fees."

20.  Financial Matters, line 8:  What is meant by "to the extent it has a
legal right of access thereto and/or ...etc."

21.  Arbitration, Disputes to be Arbitrated.  We do not as a matter of legal
policy agree to arbitration, but we will mediate disputes.  Is Enron
amenable to mediation?  This process is less formal and less costly in my
opinion.

22.  Authority for Transactions.  Staff would like the Agreement to include
a list of employees for Company and Customer who are authorized to trade on
behalf of their employers.  Could a statement be added to this section to
this effect?  Then, we could attach the list(s) as an Exhibit C.

Thank you so much for considering these issues.  There are others which I
hope to receive from staff next week and which I will forward to you for
response.

Look forward to hearing from you soon.  I will be out of town after today
until Wednesday, March 7.

Sincerely,

Grant Kolling
  -----Original Message-----
  From: Dan.J.Hyvl@enron.com [mailto:Dan.J.Hyvl@enron.com]
  Sent: Tuesday, February 27, 2001 6:16 AM
  To: grant_kolling@city.palo-alto.ca.us
  Cc: Kim.Ward@enron.com
  Subject: Re:  Enfolio Master Firm Purchase/Sale
Agreement

   << File: 2001-002ctr.doc >>
  (See attached file: 2001-002ctr.doc)

  Grant,
       I have incorporated the language you provided to me in
the attached
  document.  I have been informed by the Corporate Secretary's
office that
  they will issue a Certificate of Incumbency showing that the
person
  executing the contract for ENA is authorized to execute
contracts for ENA.
  No other party signs as to form or terms, however, the
officer executing
  for ENA will require that the deal person and I initial on
the line next to
  his signature.  I have reviewed the proposed draft
resolution.  ENA will
  accept the enacted resolution and will not require that the
City Attorney
  issue an opinion.  If the attached contract is acceptable,
please print off
  2 originals, have them approved, signed and forward to me
for ENA's
  approval and signature.  Once the contract is fully
executed, I will return
  one fully executed original to you for the City's file.

 - 0071988 RESO Enron.doc


Per Counterparty...

Please note that CP/ID 96220, Scotia Company, Inc.'s name has been revised to
reflect Scotia Company.

Please adjust your data accordingly.

Thanks !!

Samuel x3-9890 (GCP)
Enron Net Works _ Global Data Management

---------------------- Forwarded by Samuel Schott/HOU/ECT on 04/20/2001 05:11
PM ---------------------------

	Samuel Schott
	04/20/2001 04:57 PM

To: Aparna Rajaram/ENRON@enronXgate @ ENRON, Kelly Lombardi/NA/Enron@Enron,
Bill D Hare/HOU/ECT@ect, Steve Venturatos/HOU/ECT@ECT, Camille
Gerard/Corp/Enron@ENRON, Tanya Rohauer/ENRON@enronXgate@ENRON, Tom
Moran/ENRON@enronXgate@ENRON, Tana Jones/HOU/ECT@ECT, Frank L
Davis/Enron@EnronXGate, Ken Curry/ENRON@enronXgate@ENRON, Nicole
Hunter/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate@ENRON, Amber
Ebow/HOU/ECT@ECT
cc:
Subject: Re: 04-17-01 ClickPaper Approvals _ GCP Response

Any GCP adjustments will be highlighted in blue.

Best Rgds.

Samuel x3-9890 (GCP Team)
Enron Net Works _ Global Data Management

From: Aparna Rajaram/ENRON@enronXgate on 04/17/2001 01:40 PM
To: Kelly Lombardi/NA/Enron@Enron, Samuel Schott/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Steve Venturatos/HOU/ECT@ECT,
Camille Gerard/Corp/Enron@ENRON, Samuel Schott/HOU/ECT@ECT, Tanya
Rohauer/ENRON@enronXgate, Tom Moran/ENRON@enronXgate, Tana Jones/HOU/ECT@ECT,
Frank L Davis/HOU/ECT@ECT, Ken Curry/ENRON@enronXgate, Nicole
Hunter/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate
cc:
Subject: 04-17-01 ClickPaper Approvals

Please see attached.

Aparna Rajaram
Ph: (713) 345-4563
Fax: (713) 853-9476
Aparna.Rajaram@enron.com


Pursuant to the Certificate of Merger filed with the Delaware Secretary of
State effective 11/1/00, Calpine Power Services Company, a California
corporation has been merged with and into Calpine Energy Services, L.P., a
Delaware corporation.  The ISDA Master Agreement with Calpine Power Services
Company dated 10/20/99 will be changed accordingly.


Please handle.  Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 10/12/2000 06:13 PM -----

	"Theaker, Helen" <htheaker@velaw.com>
	10/07/2000 10:42 AM

		 To: "'mhaedic@enron.com'" <mhaedic@enron.com>
		 cc:
		 Subject: Update!

>
> Mr. Haedicke,
>
> I'm updating V&E's contact list for Joe Dilg and would like to
> confirm/correct the information we have in our system for you and/or fill
> in any blanks.  In that we may have deliveries to make, I am including
> your home address in this request.  Here's what we show:
>
> Name:         Mark E. Haedicke
> Title:          Managing Director and General Counsel
> Company:      Enron North America Corp.
> Physical Address:   1400 Smith, EB3325
>          Houston, TX 77002
> Phone:         713-853-6544
> Fax:         713-646-2600
> Best E-Mail Address:   mark.haedicke@enron.com
>
> Home:         14623 River Forest
>          Houston, TX 77079
>
> Assistant Name:   Janette Elbertson
> Assistant Phone:   713-853-7906
> Assistant E-Mail:   ____________________
>
> Thank you so much for your time.  I REALLY appreciate it!
>
> Helen Theaker
> Assistant to Joseph C. Dilg
> Vinson & Elkins L.L.P.
> Phone:  713.758.2519
> Fax:      713.615.5034
> E-Mail:  htheaker@velaw.com
>
>


Attached is the draft press release for the Allegheny deal.  Please make any
comments and return to me by 4:00 pm TODAY.  This is scheduled for release
tomorrow.  If you have any questions, please call me at ext. 3-9053.  Thanks.


P. S.  Further to my previous memo, please see that Kay Young also receives
such Closing Documents, as well as closing documents related to any asset
transactions, so that they may be included in our ENA Legal file room.   My
apologies for this omission.   If you have any questions or comments, please
call me.  Thanks, Deb
---------------------- Forwarded by Deb Korkmas/HOU/ECT on 02/02/2000 01:58
PM ---------------------------

Deb Korkmas
02/02/2000 10:28 AM
To: Alan Aronowitz/HOU/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, Bob
Carter/HOU/ECT@ECT, Shonnie Daniel/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT,
Shawna Flynn/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT, Mark E
Haedicke/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT,
Monica Jordan Richards/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Travis
McCullough/HOU/ECT@ECT, Janice R Moore/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT, Lance Schuler-Legal/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT,
Sheila Tweed/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, Merrill W
Haas/HOU/ECT@ECT, Genia FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT,
Marie Heard/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J
Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT, Robert
Walker/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT, Suzanne Adams/HOU/ECT@ECT, Erica
Braden/HOU/ECT@ECT, Sheri L Cromwell/HOU/ECT@ECT, Pat Radford/HOU/ECT@ECT,
Linda J Noske/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT, Linda R Guinn/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT,
Becky Tlucek/HOU/ECT@ECT, Ann Elizabeth White/HOU/ECT@ECT, Julia
Murray/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT, Doug Pedigo/HOU/ECT@ECT, Sandi M
Braband/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT,
Michael A Robison/HOU/ECT@ECT, Shari Stack/HOU/ECT@ECT, Peter del
Vecchio/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT,
Debra Perlingiere/HOU/ECT@ECT, Joya Davis/HOU/ECT@ECT, Wayne
Gresham/HOU/ECT@ECT, Jenny Helton/HOU/ECT@ect, Twanda Sweet/HOU/ECT@ECT,
Stuart Zisman/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT, Barton
Clark/HOU/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Karen E Jones/HOU/ECT@ECT,
Kimberlee A Bennick/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, David
Portz/HOU/ECT@ECT, Chris Gaffney/HOU/ECT@ECT, Kaye Ellis/HOU/ECT@ECT, Linda J
Simmons/HOU/ECT@ECT, Chaundra Woods/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT,
Roger Balog/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT, Eric
Gillaspie/HOU/ECT@ECT, Jan M King/HOU/ECT@ECT, Jenny Helton/HOU/ECT@ect, Mary
Ogden/HOU/ECT@ECT, Laurie Mayer/HOU/ECT@ECT, Janette Elbertson/HOU/ECT@ECT
cc:
Subject: Procedures for Equity, Partnership and LLC Acquisitions

Please see attached memo regarding procedures for equity, partnership and LLC
acquisitions.  Deb


Good Morning,

Enpower's Deal Blotter is now up and running in Portland.  The local routing
daemon was hung and the server had to be rebooted.

Thanks,  David Poston


Greg or Darrell:

Did you get an official rejection or invitation on the New Braunfels project?

Phillip


CALENDAR ENTRY:	EVENT

Description:
	VAR Training

Date:		9/14/2000
Duration (days):	1

Chairperson:	Stacey W White

Detailed Description:


Attached for counsel in the Farallon and Legg Mason actions, and for Tom and
Kathy, whom I understand to be the counsel principally retaining Messrs.
Hellmold and Daines respectively, is an electronic copy of the report of ECT
Securities' due diligence expert.  Hard copies will also be sent.

Steve Howard
Alschuler Grossman Stein & Kahan LLP
phone: 310-407-7613
fax: 310-552-6077
cell:  213-716-0536
e-mail:  showard@agsk.com

................................................

ALSCHULER GROSSMAN STEIN & KAHAN LLP
ATTORNEYS AT LAW
www.agsk.com

2049 Century Park East
Thirty-Ninth Floor
Los Angeles, CA 90067-3213
Tel 310-277-1226
Fax 310-552-6077

This transmission is intended only for the use
of the addressee and may contain information
that is privileged, confidential and exempt from
disclosure under applicable law. If you are not
the intended recipient, or the employee or agent
responsible for delivering the message to the
intended recipient, you are hereby notified that
any dissemination, distribution or copying of
this communication is strictly prohibited.

If you have received this communication
in error, please notify us immediately
via e-mail at postmaster@agsk.com or
by telephone at 310-277-1226. Thank you.

...............................................
 - McGrath Report.doc


Please find the attached EES Volumetric NYMEX and Basis positions for
8/3/2000.   I expect our position to be about 38 contracts shorter on Nymex.

Thanks,

Monica Hwang


I'll forward a copy to Mark Mullen/Steve Thome when I see the invoice.

I'm ready, but don't recall seeing the final execution version.  Did I miss
that e-mail?
Sure, Change Order #1 at same time would be good.  Payment terms are to
level paid, so that would be same as 100%.

No, I've not seen the sig pages.  How were they being sent?  and who?

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Wednesday, January 03, 2001 11:18 AM
To: lee.johnson@ss.ps.ge.com
Subject: RE: invoice information/TurboPark

Lee,

The best way to go about it would be to send the invoice to Jody, but copy
the Enron project folks you have been dealing with.

Are we ready to sign the Fountain Valley contract?  I would think that we
could sign the change order at the same time, and payment terms can be
whatever the Enron project team has bought in to.  The banks won't care.

Have you seen sig pages for ESA yet?

Kay

lee.johnson@ss.ps.ge.com on 01/03/2001 09:00:30 AM

To:   Kay.Mann@enron.com
cc:

Subject:  RE: invoice information/TurboPark

Kay,

Please confirm that this will be the invoicing address for the 6 units
bound
for Fountain Valley Project and 4 units pegged to LV Cogen Expansion.
Also,
we've still got a change order needed for Fountain Valley for the 6 Power
System Stabilizers and 2 Exhaust Stacks.  LV is also saying they will need
4
Power System Stabilizers, but haven't confirmed their order.

Thanks,

Lee

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, January 02, 2001 6:06 PM
To: lee.johnson@ss.ps.ge.com
Subject: invoice information/TurboPark

E-Next Generation LLC
Mr. Jody Pierce
1400 Smith, EB 2480
Houston, Tx 77002


Hi Vince,

Talking to the staff in London, I heard that Lynda Clemmons and a few of the
key Weather Desk members left to start their own business.  I am hearing that
London may gain more independence from Houston and gain its own book and,
interestingly, also having ideas about developing the insurance/ insurance
derivatives market.  I therefore thought this might be a useful opportunity
to formalise a gradual transfer of responsibility for weather deal pricing
from Joe to myself plus start talking to Vasant about the new markets on the
insurance side.  I will call you later to discuss this with you.

Regards,

Anjam
x35383


Mark and Brent-

Please inform me when you anticipate your respective reviews of the ISDA
documentation and Japanese Weather GTC documentation will be completed.

In the interim, if you have any questions, please contact me.

Thanks,

John


Dear Team Members:

Please disregard the list from my previous e-mail.  The telephone
numbers/majors were not sorted with the candidate names.  The following list
contains the CORRECT contact information for our candidates.  I apoligize for
the inconvenience.

Thank you,

lexi
3-4585


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact Client Services regarding PIRA report distribution and address
changes at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that
are unsure of their licensed distribution or require an extension of
their current license should contact their PIRA sales representative, or
email to sales@pira.com.

PIRA Energy Group

 - ed120301.pdf
 - ed120301.xls


Hi Karen,

Our accounting contact is leaving tomorrow at 100, so it would be helpful to
get this information as soon as possible.  It would also help if you could
send a redline against the version I had sent you, as this was the last draft
reviewed by Accounting.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 09/19/2000 03:26
PM ---------------------------

	Enron North America Corp.

	From:  Kay Mann                           09/18/2000 06:53 PM

To: "Way, Karen S. - CHI" <karen.way@piperrudnick.com>
cc:

Subject: RE: Fehr Option Agreement

Karen,

Please send me the revised version with the language you believe reflects
Rusty's suggestion. Otherwise, I will have to go to Accounting twice.

Please email me with the specific performance language you want to add to
meet their request.

Thank you,

Kay


Here it is, Vanek!

 -----Original Message-----
From: 	Vanek, Darren
Sent:	Wednesday, November 07, 2001 10:30 AM
To:	Heard, Marie
Subject:	Duke

Can I please have the list of counterparties for Duke?

peas and carrots,
-d


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 07/27/2000
05:40 PM ---------------------------

Zimin Lu
07/27/2000 03:08 PM
To: Anjam Ahmad/LON/ECT@ECT
cc: Stinson Gibner/HOU/ECT@ECT (bcc: Vince J Kaminski/HOU/ECT)
Subject: Re: Aluminium Asian Digital Options

Anjam,

We can use moment matching to find the "effective" volatility and dividend
yield for the average.
Then we can apply the European digital option formula.   Attached please find
the c-code I did
for  Asian spread option, when I find the effective vol and drift for both
averages then find the option
value by calling the European spread option.  You can do just the same for
the Asian digital option.

It would be nice to do a Monte-Carlo, just checking the accuracy of the
approximation.

It was nice to have you here, we are impressed by the work you have done.
Keep up the good work.

Zimin

	Enron Capital & Trade Resources Corp. - Europe

	From:  Anjam Ahmad                           07/27/2000 10:14 AM

To: Zimin Lu/HOU/ECT@ECT
cc:
Subject: Aluminium Asian Digital Options

Hi Zimin,

Russell Placket of MG Metals just talked to me about the issue of pricing a
strip of twelve monthly Asian digital options on LME aluminium.  As I
understand, the payoff to the customer is a fixed cash amount that wil be
paid if the average of the closing prices of aluminium for a month are
greater than the strike agreed in advance, where holiday days do not
contribute to the average.

Russell mentioned that this would be a set of 12 monthly options starting in
Jan-01, and that the LME price for Jan-01 of $1572.5 (which is the future
converging to the spot price on the 3rd Wednesday in Jan 01) can be used as a
proxy/estimate for the average for the month.

Do you have a model for asian digitals or should I proceed with Monte Carlo
to price this, maybe using European digital option model as control variate?

Thanks,

Anjam
x35383


I have attached a report I asked Tim to produce for me in anticipation of
possible litigation.
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 07/07/99
03:20 PM ---------------------------

	From:  Tim Belden                           07/07/99 03:17 PM

To: Richard B Sanders/HOU/ECT@ECT
cc: Elizabeth Sager/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Mary
Hain/HOU/ECT@ECT
Subject: California PX Silver Peak

Attached, please find a memo and a number of spreadsheets describing the
events at Silver Peak for deliveries on May 25, 1999.  I am faxing some
additional background information downloaded from the internet to Richard and
Elizabeth.  I have provided a lot of information and could drill down on many
more details.  Let me know what other information you need.  Thanks to
everyone for your help in this matter.


478199 has been changed to 164.95 price. And 477087 has been changed to
Q3-01.

Thanks,
Kate

Kerri Thompson@ENRON
12/12/2000 07:56 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: natsource checkout

has 478199 been changed yet?

   Kate Symes @ ECT                12/11/2000 04:39 PM

To: Kerri Thompson/Corp/Enron@ENRON
cc:

Subject: Re: natsource checkout

Yes, these are deals 478198 and 478199. Both are entered under Natsource, and
should be for Q1-01. 478199 was entered with the wrong price (165.05). It
should be 164.95, and I'll change it when the Risk girls are done with their
calc.

Thanks,
Kate

Kerri Thompson@ENRON
12/11/2000 02:32 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: natsource checkout

missing 2 deals

buys ees
164.95
25 mw
Q1
np15

sell duke
jan
25 mw
np-15
165.00

these 2 deals kind of recognize 478198, and 478199.


CALENDAR ENTRY:	APPOINTMENT

Description:
	Team Leader Mtg. Conference room EB4102

Date:		7/3/2001
Time:		2:30 PM - 3:30 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


You probably could have predicted this given the fact that Calpine has
dropped plans for over $20B in capital projects.  This should help prop up
basis expectations for at least the near - long term.  Congratulations!

Jeff

Sonoran Pipeline scrapped
Kinder Morgan Energy Partners and Calpine
said Friday they have dropped plans for a $1.7
billion, 1,160-mile gas pipeline from the San
Juan Basin in northern New Mexico to California.
"The Sonoran Pipeline was unable to secure
sufficient binding commitments to make a successful
project given market conditions," the
companies said in a statement said. "Both KMP
and Calpine will continue to evaluate other
opportunities to serve the growing California
market." But no firm plans were mentioned.
Plans for the Sonoran Pipeline were
announced last spring. Sponsors had called for a
750,000 Mcf/day system that could be expanded
with compression to up to 1 Bcf/day.

Jeffery C. Fawcett
Vice President
Sempra Fiber Links
440 Louisiana Street
Suite 900
Houston, TX 77002
Houston Office:  713-236-7720
Houston Fax:    713-236-7721
San Diego Office:  619-696-4673
email:  jfawcett@sempra.com


Jeff,
Just wanted to mention a couple additional things regarding building a ship here in Turkey.
If Sherri can forward (perhaps by fax) a copy of the brochure you receive about the "Expedition" vessel, that would be very helpful. Based on what I have heard to date, there is a good shipyard just outside Istanbul -- in a place called Tuzlu -- that builds steel-hulled ships (as opposed to the frou-frou "white" hulled ones). It would be very useful if I dropped by there before I come to Houston, and the brochure would help me visualize better what you have in mind so I can focus my wanderings a bit.
On a related subject, is the "big file" that Bill dropped off too big to copy and send over, or should I just wait until I get to Houston next month?
Good to talk to you yesterday. Looking forward to getting together in Houston soon.
Say hey to the kids and Rebecca.
Lots of love from all of us here,
Mark

Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com .


According to our benchmark guys up here, it looks like the Central Transport GDL book did not make it into risktrac under souad.  The book is named FT-Central-opt-gdl.  I also should have asked you to send the FT-Peoples-GDI book over to Souad.  It appears that the remaining FT-Central-Opt- books (PRC,BAS,IDX) are under Martin Cuilla, these should be under Geoff Storey.  Can you please make these changes.  Thanks for all of your help.
PL


---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/09/2001
11:38 AM ---------------------------

"Love, Dianne" <love@cl.uh.edu> on 02/09/2001 10:44:22 AM
To: "'Phillip.M.Love@enron.com'" <Phillip.M.Love@enron.com>
cc:
Subject: RE: Tiger recruiting #1

I cannot open this.  Please resend to me at the university.

> -----Original Message-----
> From: Phillip.M.Love@enron.com [SMTP:Phillip.M.Love@enron.com]
> Sent: Thursday, February 08, 2001 1:13 PM
> To: dlove8847@aol.com; Shane.Dobbs@fctg.com; James Love;
> jmjaked@mindspring.com
> Subject: Tiger recruiting #1
>
> A Texas grad I work with found this on one of his alum sites.  The guy
> that
> put this out - Flea- is the auburn guy who runs thetigeronline.com.
> Pretty
> funny.
> PL
>
> ---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/08/2001
> 01:08 PM ---------------------------
>
> Eric Bass   02/08/2001 12:47 PM
> (Embedded image moved to file: pic01054.pcx)
>
> To:   Timothy Blanchard/HOU/EES@EES, Matthew Lenhart/HOU/ECT@ECT, Chad
>       Landry/HOU/ECT@ECT, Steve Venturatos/HOU/ECT@ECT, Bryan
>       Hull/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, David
>       Baumbach/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT
> cc:
> Subject:  Tiger recruiting #1
>
> Sorry, but this is funny . . .
> http://auburn.nu/board/display.cgi?read=236745
>
>  << File: pic01054.pcx >>


As promissed.
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/23/2001 01:46
PM ---------------------------
From: Suzanne Adams@ECT on 01/17/2001 02:47 PM
To: kwiemer@milbank.com, Kathleen Carnahan/NA/Enron@Enron, Kay
Mann/Corp/Enron@Enron
cc:

Subject: E-Next Generation Docs

Attached are the documents that you asked me to change the signature line:


As I said yesterday it is my understanding that we need Dynegy's permission in order to engage in such discussions.  I however have not seen the final merger documents so I may be mistaken.  Given Dynegy's presentation to the analysts on Monday it doesn't look like the want to divest of the pipes.  This is Greg's call.

 -----Original Message-----
From: 	Donahue, Jeff
Sent:	Tuesday, November 13, 2001 1:55 PM
To:	Whalley, Greg; McMahon, Jeffrey; Horton, Stanley
Cc:	Muller, Mark S.
Subject:

Greg, Jeff and Stan:

I just received a call from David Dehaemers at Kinder, Morgan.  They are interested in buying Transwestern and offered to have Rich call Ken - but I waived that off in order to get a read from you all.

With respect to the merits, if a preferred at the pipe level is being treated as effectively debt by the rating agencies, a sale is roughly equivalent to a preferred with respect to both ratings and liquidity.  In addition, the sale should provide greater proceeds due to lower cost of funds and may have a higher probability of success.  One key issue will be funding the sale at signing or HSR rather than regulatory approval.

I first wanted to test you three, and if supportive, determine the best path upon which to proceed including gaining Dynegy's consent.

Jeff


Sorry I didn't get back to you on this sooner - Mike Swerzbin talked with his
SCEM trader that day, and they agreed to both of these deals. Just to
clarify, there are still two EOL trades that net out these direct trades. All
four are good. Direct trade deal numbers are:

493989
Sell SCEM
Jun-01
198.00
Mid-C

493988
Sell SCEM
Jun-01
195.00
Mid-C

Let me know if SCEM back office still has no record of these. Otherwise,
they're good to go.

Thanks,
Kate

Stephanie Piwetz   01/23/2001 01:14 PM

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

Subject: Re: SCEM Deals

have you heard the outcome on the deals below.  Thanks

   Kate Symes                01/18/2001 02:03 PM

To: Stephanie Piwetz/HOU/ECT@ECT
cc:
Subject: Re: SCEM Deals

Mike Swerzbin is going to contact the trader at SCEM - these are good deals.
They were originally done on EOL, then changed to direct trades. Once they
talk, I'll get back to you and let you know if they decided to keep or kill
the deals.

Thanks,
Kate

Stephanie Piwetz   01/18/2001 11:50 AM

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

Subject: SCEM Deals

Kate, we received two Enron confirm letters back from SCEM= and they wrote on
our confirms "No record of Deal"  They were two Mike Swerzbin trades done
direct: from1/10/01

Deal 493989.01
Enron Sells Scem
June 2001
198.00
Mid C

Deal 498988.01
Enron Sells Scem
June 2001
195.00
Mid C

Maybe two traders can talk, it was a note from SCEM backoffice.
Thanks
Stephanie


Sorry , I have not given you feedback earlier but I've been on vacation.
Randy continues to do an excellent job.  He anticipates questions and usually
has the answers.  He is a very dedicated employee and continues to expand on
his knowledge base.  He has helped the traders trade the permian and waha
points on a daily basis and such commercial experience has proven to be very
valuable regarding looking for alternatives to move gas.  The only area for
improvement that I might suggest would be to challenge others or state his
opinion if he has a different opinion from others rather than not say
anything or go along with the status quo.  He tends to want to be
nonconfrontational which is not a bad thing but this is a tough environment
and he could get run over if he does not state his opinion.


I am glad you asked me to lunch today.  I do enjoy spending time with you
even though at times it is tough and our conversations are hard right now.  I
do Love You so much and have a Vision.


Back to 17,686 at Toledo for 1/6
---------------------- Forwarded by Jeffrey Porter/HOU/EES on 01/05/2001
01:23 PM ---------------------------

01/04/2001 11:06 AM
Jeffrey Porter
Jeffrey Porter
Jeffrey Porter
01/04/2001 11:06 AM
01/04/2001 11:06 AM
To: jeno@dynegy.com
cc:
Subject: Re: Downstream Contracts at Toledo

---------------------- Forwarded by Jeffrey Porter/HOU/EES on 01/04/2001
11:05 AM ---------------------------

01/04/2001 09:43 AM
Jeffrey Porter
Jeffrey Porter
Jeffrey Porter
01/04/2001 09:43 AM
01/04/2001 09:43 AM
To: Monica Roberts/HOU/EES@EES
cc: Timothy L Ray/HOU/EES@EES
Subject: Re: Downstream Contracts at Toledo

New Noms for 1/5 at ANR/TCO Monclova. K#103722

Monica Roberts

01/04/2001 09:09 AM

To: Jeffrey Porter/HOU/EES@EES
cc:
Subject: Re: Downstream Contracts at Toledo

Jeff, the Dynegy scheduler is Jeff North.  His phone number is 713/507-6474.
His pager is 713/616-1280.  I have left him a voicemail and just paged him,
so as soon as I talk with him, I'm going to ask him to call you.  Hopefully
with you guys talking directly, you can figure out why the gas isn't
flowing.  Please keep me posted as to what I can do to help.

Monica
x57048

12/28/2000 04:05 PM
Jeffrey Porter
Jeffrey Porter
Jeffrey Porter
12/28/2000 04:05 PM
12/28/2000 04:05 PM
To: Monica Roberts/HOU/EES@EES
cc:
Subject: Downstream Contracts at Toledo

Here are the downstream contracts for NPC's purchase at TCO Toledo for Jan01.
Please let me know your upstreams.
Thanks, JPP x5-3507

Toledo
RP Volume	K#
7,156 	68918
2,454 	68915
511 	69148
1,636 	69693
87 	68917
1,022 	69149
1,958 	68916
818 	66961
2,045 	66944
17,686


Hey I'm back in town so take me out!


The original message is encrypted using Lotus Notes Public and Private Key security.  Encrypted messages cannot be migrated to Microsoft Exchange Server.


Sam,

My column

Vince


Hi Ben,

Many thanks for your thoughtful email and thoughtful visit.  It's very
important for everyone to put names with faces and to understand the nuances
of individuals' circumstances.

My colleagues and I very much appreciate your enthusiasm for the Texas
Business School and I wish you the best with the application process.

I hope to see you next fall.

Cheers,

Dave

-----Original Message-----
From: Benjamin Rogers [mailto:brogers2@ect.enron.com]
Sent: Thursday, February 24, 2000 8:25 AM
To: David.Jemison@bus.utexas.edu
Subject: Meeting!

David Jemison:

    Thank you for taking the time to meet with me last Friday afternoon.  I
really enjoyed meeting you and talking about the Texas Business School.  My
meetings with Professors' Brown, Titman and Ronn were extremely helpful with
regards to learning about the energy-finance program and the investment
fund.
    In reference to our discussion about my low GMAT scores, I do not test
well on these types of tests, thus I have always had to work a lot harder
than most to get where I want to go, therefore I am accustom to working hard
to reach my goals.  Enron is based on a team-oriented approach, where people
with diverse skills come together to formulate innovative ideas and
financial products and to solve difficult problems for our customers.  The
Texas Business School seems to work on this approach, thus I would be able
to provide my skills as well as learn from others.  I have excelled in this
type of environment at Enron and feel that I would continue to excel at the
Texas Business School.  I am fully committed to become successful and do
well within the energy-finance program and will work hard to be able to
learn from and contribute to the program.
    After talking with you and others at the School, I am certain that the
Texas Business School would be a perfect fit for me.  With my experiences
from State Street Bank and Enron, I would be able to contribute a great deal
to the program and continue to add to the program after graduation.  Thanks
again for taking the time to meet with me and to show an interest in my
career goals.

Sincerely,

Ben Rogers

 - att1.htm


6:15 works for me.  The best way to get to my house from your house is go down Shepherd past 59 and make a right on Sunset Blvd and keep on going past Kirby and Buffalo Speedway and a couple of stop signs.  My house is on the right.  It has a witch out in the front.  The address is 3726 Sunset Blvd.

Are you still on for tomorrow?

 -----Original Message-----
From: 	White, Leesa
Sent:	Wednesday, October 10, 2001 9:07 AM
To:	Fischer, Mary
Subject:	RE: Wanted to confirm that I will be walking

ok ... let me know what time to be at your house (and directions, again ... I'm bad at directions) ... and I will pick you up on Saturday.

Beth Apke said to get there really early because parking is a mess.  So if the walk starts at 7:30, perhaps I should pick you up around 6:15?

Leesa

 -----Original Message-----
From: 	Fischer, Mary
Sent:	Wednesday, October 10, 2001 8:51 AM
To:	White, Leesa
Subject:	RE: Wanted to confirm that I will be walking

I don't know if Carl is going to walk in American Heart Walk becuase of his knee problems, heaven forbid that walking would injure his knee so he couldn't play tennis.  You could probably talk him into walking, because he won't do it for me after seven years of marriage I have lost my influence/I'm officially taken for granted.

I will be walking this Saturday so lets meet at my house and drive over together.

 -----Original Message-----
From: 	White, Leesa
Sent:	Wednesday, October 10, 2001 8:47 AM
To:	Fischer, Mary
Subject:	RE: Wanted to confirm that I will be walking

Thanks, Mary ... will you be joining us after the walk at my house?  Is Carl walking, too?  It's kosher to hit up family members (I've collected from my Mom and Lloyd's Mom), as long as they don't mind.

Are you going to walk this Saturday in "Race for the Cure"?  Do you want to head over there together?

Leesa

 -----Original Message-----
From: 	Fischer, Mary
Sent:	Tuesday, October 09, 2001 4:53 PM
To:	White, Leesa
Subject:	Wanted to confirm that I will be walking

Leesa,

I wanted to confirm that I will be walking in the Heart walk on November 3rd.  I'm working on collecting those pledges.  I hoping that it is kosher to hit up family members for pledges.

Mary


Return-Path: <lloyd_b_spencer@hotmail.com>
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From: "Lloyd Spencer" <lloyd_b_spencer@hotmail.com>
To: vkaminski@aol.com
Subject: Green Card Letter
Date: Sun, 06 Aug 2000 15:29:21 EDT
Mime-Version: 1.0
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FILETIME=[9EE551A0:01BFFFDC]
X-Mailer: Unknown

Hi Vince:

A few months ago we talked about a letter of recommendation to support my
green card application.  I am applying under the National Interest Waiver
program in order to short cut the labor certification process.  This
requires me to get letters of recommendation demonstrating that my continued
work in the US is in the national interest.  Based on the work that I have
been doing with utilities in risk management this appears to have a
reasonable chance.

Although we have not worked together recently, I was wondering if you would
consider writing a letter on my behalf.  I have worked with my immigration
lawyer to compose a draft letter that would be suitable.  I have attached
this letter as well as the letter from the lawyer explaining where to send
the refernce letter.

I am using a transaction that I worked on with Edison International as an
example of the sort of work that I do, since it was reported in the press.
Edison was unable to hedge its overall short position, so it bought asian
options on gas as a means of approximating the effect of higher energy
prices.  This has turned out to be an effective strategy.

If you have any questions or want to discuss this please contact me by
email, or on my cellphone at 917-446-4781.

Yours sincerely,
Lloyd Spencer.

________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com

 - GreenCar.zip


did you call earlier today?


I did and she did.

 -----Original Message-----
From: 	Hendry, Brent
Sent:	Wednesday, October 24, 2001 9:26 AM
To:	Boyd, Samantha; Heard, Marie; Panus, Stephanie; Bailey, Susan
Subject:	FW: Torch assignment

I can't remember who worked on this.  Did Diane get a copy?

 -----Original Message-----
From: 	Anderson, Diane
Sent:	Sunday, September 30, 2001 2:35 PM
To:	Hendry, Brent
Subject:	Torch assignment

Hey Brent.

When you finalize and send out the Torch assignment, can you send a copy down to me?

Thanks.
Diane
3.0443


On last question,  what are the volumes?

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


Per last week's call, I am circulating updated FERC staff talking points to
the entire Western Wholesale group.  This version of the talking points
incorporates comments from Steffes, Walton, and Perrino.

Phillip Allen: people on the call were wondering if there are any informal
messages the West gas desk would like to relay to FERC staff. Notes, however,
that ex parte contacts such as these generally must avoid issues that are
being currently litigated by the FERC.


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PS: We hope                    you enjoyed receiving this message. However,
if you'd rather                  not receive future e-mails of this sort from
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---------------------- Forwarded by Don Miller/HOU/ECT on 11/21/2000 03:36 PM
---------------------------

Don Miller
11/21/2000 11:49 AM
To: Jinsung Myung/Corp/Enron@Enron
cc:
Subject: Brownsville Directions

---------------------- Forwarded by Don Miller/HOU/ECT on 11/21/2000 11:48 AM
---------------------------

Ross Newlin@EES
11/21/2000 11:24 AM
To: Don Miller/HOU/ECT@ECT
cc:
Subject: Brownsville Directions

One more time, also inventory reports just arrived, I will bring them over
later today.
Ross
---------------------- Forwarded by Ross Newlin/HOU/EES on 11/21/2000 11:24
AM ---------------------------

Cecilia Ramirez
11/21/2000 11:22 AM
To: Ross Newlin/HOU/EES@EES
cc:
Subject: Brownsville Directions

Tennessee Plants

Brownsville
June 20th and 21st, 2000
Contact is:
Mitchell Hurt - Plant Manager  (901) 772-9003 Office,
Dean Fredrick - Plant Supervisor (901) 772-9003
On Call Pagers  (662) 805-7631 and 805-7630
Plant Address
948 Beechgrove Rd,  Brownsville, TN. 38012
Driving Instructions:
1.   Please fly into Memphis International Airport.  Once you exit the
Airport take Airways Blvd. north to I-240 (towards Nashville).  Continue
               on the I-240 Loop for approximately 11 miles and go east on
I-40 (towards Nashville).  Continue on I-40 for approximately 48 miles and get
  off on I-40 exit #60.  Turn right on Mercer Road and proceed approximately
0.8 miles and turn right on Beechgrove Road.  Proceed down
  Beechgrove Road for approximately 1.1 miles and turn into the Facility's
main driveway.  At the gate ring and announce yourself, as the
  Control Room Operator will be expecting you.

          2.  Hotels;  Off I-40 exit #56
  a.  Holiday Inn Express   901-772-4030
  b.  Days Inn   901-772-3297
  c.  Comfort Inn   901-772-4082
  *At the Holiday Inn state your here on Business with ENRON for a Corporate
discount.

Gleason
June 22 and 23rd, 2000
Contact is:
Pete McCormick - Plant Manager (901) 648-2190 or 648-2191 (Office),  (901)
780-0361 Moble
Jim Satterfield - Plant Supervisor  (901) 217-0487
Plant Address
1166 James Mill Rd, Gleason, TN,  38229
Driving Instructions:

Memphis to Gleason Power
1. Take interstate I-40 to Jackson  70 miles
2. Exit at the US-45 North/US-45-By-Pass, Head North.. Follow US-45 North to
US-45 East / West split.
    Go East towards Milan  20.3 miles
3. In Milan, Turn left onto US-79. Travel through Atwood, Trezevant, and on
the far side of McKenzie. 21.6 miles
4. Take TN-22N towards Gleason. 8 MIles
5. In Gleason (Still on 22-N) look for water tower on the right.  After water
tower,  look right you can see plant from 22-N.

Mississippi Plants

New Albany
June 26th and 27th, 2000
Contact is:
Jim Murray - Plant Manager  (662) 538-5700  office,  (662) 538-1179 Moble
Donald Schmidt - Maintenance Manager- (662) 231-9604 Moble
James Goins - Plant Supervisor  (662) 538-1151
Plant Address
1514 Country Rd 126 , New Albany,   MS 38652

Driving Instructions:

Directions to New Albany Power I

From the Memphis Airport to Executive Inn in Tupelo, MS  (You can also fly
intro Birmingham)

From the Rental Car place go left onto Democrate. Democrate will run straight
into
Lamar, turn right on Lamar keep going straight on Lamar and it will turn into
78 East,
you will see signs that say to  Birmingham.  Follow 78 East until you come to
the town of
New Albany (approx. 70 miles).  Keep straight on 78 E towards Tupelo(approx.
30 more miles).  Take the Beldon Exit onto McCullough Blvd. Go straight until
you reach and Exit that says Gloster.  Take a left on Gloster and the
Executive Inn is on the left just after crossing over the overpass.
To plant site from the Executive Inn. Excutive Inn Number is  662-841-2222.
Take McCullough Blvd. Until you reach the 78 Bypass.  Take 78 West to
Memphis.  Follow 78 West until you reach 1st New Albany exit which will be
Ripley, Pontotoc Exit . A Pilot and Arby's will be visible from the bypass.
Take a left off the exit on Hwy 15 North. Go through two red lights at the
third red light turn right on Hwy 30 East.  A BP Service Station will be on
the left by the red light.  On Hwy 30 East go 3 miles. You will come to a
community called Locust Grove. You will see a sign that says Locust Grove &
Pleasant Hill.  A small county road sign will have 126 on it, turn left.  You
will be turning by an old store that is being torn down.  Go straight approx.
3 or 4 miles on county road 126.  You will past two churches, Locust Grove
then Pleasant Hill Baptist Church.  After the church the site will be approx.
1/2 mile on the right side of the road.  Go to the second drive where the
tall water tower is. A guard will be at the gate.
Call 662-538-5700 if problems

Caledonia
June 28th and 29th, 2000
Contact is:
Pat Cathers - Plant Manager  (662) 356-4109  office  (662) 386-2284 Moble
Ron Dennison - Plant Supervisor  (662) 386-1125
Plant Address
2278 Caldwell Rd. Caledonia, MS 39740

Driving Instructions:
1.  Fly to Birmingham, Ala
2.  Drive to Columbus, Miss
3.  From Columbus, Travel north on highway 45. Your turn-off is about 10
miles north of Columbus
4.  From the Tupelo/Aberdeen or Points North,  Travel south on hwy 45.  Your
turn off is about 5-7 miles
     south of Hamilton.
5.  The turn off landmark is a BP station located on the east side of the
highway. Turn onto Caledonia-Koklola Springs Road
6.   You will immediately Encounter a Y in the road.  Take the right hand Y
onto spruill Road.
 **Note:  There may be a sign that identified the road as Ridge Road, however
the maps say it is Spruill
7.  Travel 1/2 miles and take a left on Spruill and across the railroad
tracks.
8.  Follow Spruill to the end and turn left onto Wolf road
9.  Take the first right onto Williams road
10. Follow Williams To Caldwell  (Williams will turn into Caldwell)
11.  Follow Caldwell Around the substation to the plant (entrace on the
right)

June 30th, Saturday will be reserved for an additional day, should it be
necessary to revisit a  particular plant.


Over to you Hunter
-----Original Message-----
From: Stock, Steve
Sent: Tuesday, December 04, 2001 2:40 PM
To: Kitchen, Louise
Cc: Perlman, Beth
Subject: Colin

Louise,

Colin came in this morning, spent some time with the Gas team, HR and then with me, and has decided he doesn't want to come back.

He intends to go back to UK in Q2 and intends to chill out untill then, do some travelling etc....

We had a long conversation about this, and it was evident that his mind is pretty much made up.

He was very flattered about being asked to stay on and he wanted me to pass thanks to you for thinking of him, and is sorry to have to let you down by not accepting....

regards

Stephen Stock
Tel : 713-345-8980
Cell : 832-274-0236


Hi Tana--

Here is the Sun NDA. Can we sign this or do we need to get them to sign ours?
I think the Enron-Sun meeting is scheduled for this morning!

-MP
 -----Original Message-----
From:  Laxa Rachel <Rachel.Laxa@Sun.COM>@ENRON
[mailto:IMCEANOTES-Laxa+20Rachel+20+3CRachel+2ELaxa+40Sun+2ECOM+3E+40ENRON@ENR
ON.com]
Sent: Tuesday, May 01, 2001 5:45 PM
To: Palmer, Mark S.
Subject: cda

Hi Mark,

Hopefully you have Adobe Acrobat?

 - cda.pdf


Spring 2001 Faculty,

The Spring 2001 Schematic has been posted to EMBANET.  To access the
Schematic please open the JGSM Area icon on the EMBANET desktop.  Next
please open the Announcement JGSM icon.  You will find the Spring 2001
Schematic located under the Subject column.  Please open the document.  If
you do not have access to EMBANET you will need to speak with David Kilgore
at kilgore@rice.edu or by calling David at 713-348-5378.

Thanks,
Kathy

Kathy M. Spradling
MBA Program Coordinator
Jesse H. Jones Graduate School of Management
Rice University
6100 Main Street, MS 531
Houston, Texas  77005-1892
Phone:  (713) 348-3313
Fax:  (713) 348-5251
Email:  spradlin@rice.edu
http://www.rice.edu/jgs
E-mail:  spradlin@rice.edu
http://www.ruf.rice.edu/~jgs/


<<FW: Our discussion today>> Your message

  To:      abuxton@preti.com
  Subject: FW: Our discussion today
  Sent:    Thu, 27 Dec 2001 14:04:50 -0500

was delivered to the following recipient(s):

--------- Inline attachment follows ---------

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=RSHAPIRO>
To: abuxton@preti.com
Date: Thursday, December 27, 2001 7:04:50 GMT
Subject:


Marie:  Per my voice mail, please let me know when you will have your memo
regarding brokerage agreements and the updated list available.  I would like
to include Susan Flynn, Sheila Glover and Laurel Adams in a meeting since
they are all involved in the brokerage agreement process from time to time.
I'll try to gather the group if you provide me with some suggested times.
Thanks.  Sara


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


Janine Migden talked with the ICC today and AES.  Both will file against Dynegy's position.

 -----Original Message-----
From: 	Nicolay, Christi L.
Sent:	Wednesday, October 24, 2001 8:58 AM
To:	Lindberg, Susan; Herndon, Rogers; Misra, Narsimha; Sharfman, Guy; Sager, Elizabeth; Murphy, Harlan; Steffes, James D.; Migden, Janine; Forster, David; Baughman Jr., Don; Stroup, Kerry; Roan, Michael; Kingerski, Harry; Shapiro, Richard; Novosel, Sarah; Fulton, Donna; Presto, Kevin M.; Sturm, Fletcher J.
Subject:	Dynegy v. ComEd update

Susan and I will circulate a draft response against Dynegy's position later today.  ComEd plans to file a lengthy answer disputing Dynegy stating that there are no transmission problems due to the use of the firm LD resources and that FERC precedent does not support a capacity payment requirement.

Enron will respond similarly and include an argument that Dynegy is actually trying to create an "icap/capacity" requirement where there is none (Dynegy's pleading states "ComEd's failure to enforce the network designation provisions of its OATT also deprives Dynegy of capacity payments to which it is entitled.)  We will also include statements that the continuation of the network v. PTP transmission tariffs perpetuates these types of issues and the market/tariff design that we advocate should be approved to stop these problems.

 -----Original Message-----
From: 	Lindberg, Susan
Sent:	Saturday, October 20, 2001 5:20 PM
To:	Nicolay, Christi L.; Herndon, Rogers; Misra, Narsimha; Sharfman, Guy; Sager, Elizabeth; Murphy, Harlan; Steffes, James D.; Migden, Janine; Forster, David; Baughman Jr., Don; Stroup, Kerry; Roan, Michael; Kingerski, Harry
Subject:	Dynegy vs. ComEd (EL02-6) -- further info

As I mentioned in my previous e-mail, on October 17 Dynegy filed a complaint against ComEd.  This proceeding may be of particular interest to Enron given EES's plans to offer physical delivery in Illinois in early 2002.  I've outlined Dynegy's principal arguments below.  Dynegy requested fast-track processing, so any intervention and comments we file are due Friday, Oct. 26.  In order to file a timely intervention (and meaningful comments, if we decide to comment), I need to know your thoughts on this as soon as possible.  Elizabeth and Harlan, I'm copying you because I would especially like to know what you think of Dynegy's characterization of the Firm LD product.

Main argument:
Dynegy challenges ComEd's published Business Practice that allows "marketer firm" (Firm LD) contracts to be designated as Network Resources.  Dynegy argues that this practice conflicts with the OATT provisions that 1) Network Resources are generation "owned, purchased or leased by the Network Customer designated to serve Network Load," and 2) a Network Customer "must demonstrate that it owns or has committed to purchase generation pursuant to an executed contract" in order to designate a Network Resource.

Dynegy's theory on why Firm LD should not be a Network Resource:

	- permits designation of network resources that are committed for sale to others, creating reliability problems
	- Firm LD under the EEI contract is not capacity-backed, nor is it a commitment to purchase generation
	- allows transmission customers to get the advantage of generation capacity without actually paying the cost of that capacity
	- since retail providers are allowed to rely on "over-the-counter" firm instead of securing long-term contracts, adequate reserves are not being carried to serve retail load

Dynegy claims that ComEd's practice has deprived DMG of payments for capacity and the ability to earn revenues for capacity properly designated as network resources.  It cites specific instances in which ComEd has accepted transmission reservation requests from New Energy and Cilco in which these parties designated Illinois Power as a network resource, when only a Firm LD contracts were in place with IP.

Susan Lindberg
713.853.0596


I cannot approve the referenced counterparty as agent for those three utilities until it comes thru on an overnight spreadsheet for approval from Credit.  I need to give my whole legal team around the world the opportunity to say "yea" or "nay" for legal issues with these counterparties.  So, I am waiting on Credit...


Rod and/or paul:
Please call me about this.  Thanks.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 06/05/2001 03:33 PM -----

	Tracy Ngo/ENRON@enronXgate
	06/05/2001 03:23 PM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc: Greg Wolfe/ENRON@enronXgate, Roderick Nelson/Enron@EUEnronXGate, Paul
Simons/Enron@EUEnronXGate
		 Subject: RE: Kaiser

Sorry for not getting back to you sooner Carol.  Greg Wolfe was out on
paternal leave (he and his wife just had a baby...Annika) and therefore, I
was unable to get the continued green light from Greg.  Just spoke with Greg,
and he would still like for legal to pursue w/UK legal.

Thanks,
Tracy

 -----Original Message-----
From:  St Clair, Carol
Sent: Tuesday, May 29, 2001 11:43 AM
To: Ngo, Tracy; Nelson, Roderick
Cc: Simons, Paul
Subject: Kaiser

Tracy and/or Rod:
Just curious about what happened to the proposed trade that we were going to
do with Kaiser.  Is there anything that the lawyers need to do at this point?

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


You mean I'm not half-way yet???!!  I was planning to go home about 11.

You didn't expect me to be awake in Spanish did you?

Gabriel Monroy
11/30/2000 08:23 AM
To: Robin Rodrigue/HOU/ECT@ECT
cc:
Subject: Re: Options

4:15 am?? wow, you are you pretty much getting ready for your mid-day break?


The boy looks in mighty fine form. Thanx
?
Love,
?
Rory
?
----- Original Message -----
From:  Nancy Sellers
To: 'Rory  Sellers' ; 'Timmi Sellers' ; Cindy Milani ; Barrie Eddy ; Cameron
; Jeff  Dasovich ; Prentice @ Berkeley ; Prentice  Sellers ; Scott Laughlin
Sent: Thursday, October 12, 2000 11:22  AM
Subject: Sammy - FYI

-----Original Message-----
From:?? HELENE351@cs.com [SMTP:HELENE351@cs.com]
Sent:?? Thursday, October 12, 2000 10:43 AM
To:???? Nancy.Sellers@robertmondavi.com
Subject:??????? re:? photos

Dear Aunty Nancy,

It was nice to hear your voice yesterday.? My  mom and dad bought me a
special
hammock for  me to take my morning sunbaths.? I can look out of the window
and
watch the quail and squirrels.? Mom  thought you would like to see some
photos
of me.

She also told me to tell you that she is going to  look into that "stuff" you
told her  about.

Bye for now......Love, Sammy? (meow) <<SAAMMY2.ZIP>>


Attached is the Monthly report for the month of August.

Lex Carroll
Enron East Power Marketing, Inc.
Midwest Origination
713-853-5426


(See attached file: HPLN0130.xls)

 - HPLN0130.xls


You have received this email because you are listed as an alternate data approver. Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000080466&Page=Approval to review and act upon this request.

Request ID          : 000000000080466
Approver            : phillip.m.love@enron.com
Request Create Date : 1/7/02 12:33:47 PM
Requested For       : marde.l.driscoll-ernest@enron.com
Resource Name       : Sitara Houston Production East Edit Logistics
Resource Type       : Applications


No one would notice if I forgot my bras!!!!  Thanks for the well wishes.
I'll take lots of pictures so you can see them.

I can't wait for this week to be over...only one and a half days!!

Robin


Sorry, Caroline.

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

	Caroline Abramo@ENRON
	04/26/2001 10:33 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: Valentis and CD Holdings

---------------------- Forwarded by Caroline Abramo/Corp/Enron on 04/26/2001
11:33 AM ---------------------------

Caroline Abramo
04/25/2001 09:38 AM
To: Sara Shackleton/HOU/ECT@ECT
cc: Paul Radous/Corp/Enron

Subject: Re: Valentis and CD Holdings

sara- valentis llc is definitely domestic.. checking on delaware or CT..

Their inhouse legal counsel is Arthur Amron... please cc him on ISDA..
aamron@wexford.com  203 862 7012

From: Sara Shackleton@ECT on 04/25/2001 09:03 AM
To: Caroline Abramo/Corp/Enron@ENRON
cc: Fred Lagrasta/HOU/ECT@ECT, Paul Radous/Enron@EnronXGate

Subject: Re: Valentis and CD Holdings

Caroline:

No Deemed ISDA, we decided that yesterday for the long-dated deal.

We are working on the draft masters for emailing.  Please send me the
information about your counterparties' lawyers so we can begin negotiating.

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

	Caroline Abramo@ENRON
	04/25/2001 06:42 AM

		 To: Sara Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Fred Lagrasta/HOU/ECT@ECT, Paul Radous/Corp/Enron
		 Subject: Valentis and CD Holdings

Please send the draft ISDAS to:

Marty Lifgren- mlifgr@wexford.com
Charles Davidson- cdavid@wexford.com

We agreed that the fastest way to proceed wwas to send the ISDA or can we
still send the deemed ISDA?.


NOTE:  YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

You have been selected to participate in the Year End 2000 Performance
Management process by providing meaningful feedback on specific employee(s).
Your feedback plays an important role in the process, and your participation
is critical to the success of Enron's Performance Management goals.

To complete requests for feedback, access PEP at http://pep.corp.enron.com
and select Perform Review under Performance Review Services.  You may begin
providing feedback immediately and are requested to have all feedback forms
completed by Friday, November 17, 2000.

If you have any questions regarding PEP or your responsibility in the
process, please contact the PEP Help Desk at:

Houston: 1.713.853.4777, Option 4
London:  44.207.783.4040, Option 4
Email: perfmgmt@enron.com

Thank you for your participation in this important process.

The following is a CUMULATIVE list of employee feedback requests with a
status of "OPEN."   Once you have submitted or declined an employee's request
for feedback, their name will no longer appear on this list.

Review Group: ENRON
Feedback Due Date: Nov 17, 2000

Employee Name                   Supervisor Name                 Date Selected
-------------                   ---------------                 -------------
BOWEN, ROBERT J                 LARRY J HUNTER                  Nov 01, 2000
CAMPOS, ANTHONY                 LINDA S BRYAN                   Oct 31, 2000
DIEBNER, BRADLEY M              THOMAS MORAN                    Nov 06, 2000
MILLIGAN, ROBERTA M             MARK E TAYLOR                   Nov 07, 2000
NEVES, MICHEAL T                SCOTT N CLEVERLY                Oct 25, 2000
SEVER, STEPHANIE G              LISA LEES                       Oct 30, 2000
ST. CLAIR, CAROL L              MARK E TAYLOR                   Nov 02, 2000


There is no policy that I know of(don't make me write one)

 -----Original Message-----
From: 	James D Steffes
Sent:	Wednesday, May 30, 2001 2:06 PM
To:	Richard B Sanders; Richard Shapiro; Linda Robertson
Subject:	POLICY ON RELEASE OF DOCUMENTS

Richard --

I was wondering if Enron had any formal policies on the release of information?  This is promoted by a call we had from Rep. Waxman's office.  The Rep would like a copy of the 4 page handout that Lay gave to key California Republican leaders in a "private" meeting in Beverly Hills reported in the LA Times recently.

I think that we are going to give this information to Rep. Waxman's office, but we probably want a formal policy (ie, written) that would allow our legislative professionals in DC and elsewhere to say that some info is public and can be provided and other info will not be released.

Appreciate your help.

Jim


---------------------- Forwarded by Scott Neal/HOU/ECT on 10/26/2000 04:29 PM
---------------------------

	From:  Jared Kaiser                           10/26/2000 04:19 PM

To: Andrea Ring/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT
cc:
Subject: Women and motorcycles don't mix!

---------------------- Forwarded by Jared Kaiser/HOU/ECT on 10/26/2000 04:19
PM ---------------------------

Joe A Casas
10/26/2000 04:12 PM
To: Jared Kaiser/HOU/ECT@ECT, Bob Bowen@CCMAIL
cc:
Subject: Women and motorcycles don't mix!

---------------------- Forwarded by Joe A Casas/HOU/ECT on 10/26/2000 04:11
PM ---------------------------

	Enron North America Corp.

	From:  Victor Lamadrid                           10/26/2000 03:40 PM

To: Robert Allwein/HOU/ECT@ECT, Beverly Beaty/HOU/ECT@ECT, Tricia
Bowen/HOU/ECT@ECT, Joe A Casas/HOU/ECT@ECT, Sabra L Dinari/HOU/ECT@ECT,
Clarissa Garcia/HOU/ECT@ECT, Meredith Mitchell/HOU/ECT@ECT, Cindy
Vachuska/HOU/ECT@ECT, Jesse Villarreal/HOU/ECT@ECT, Alvin
Thompson/Corp/Enron@Enron, Joann Collins/Corp/Enron@ENRON, Edward
Terry/HOU/ECT@ECT, Angie Zeman/Corp/Enron@ENRON, Cynthia
Franklin/Corp/Enron@ENRON, Steve Gillespie/Corp/Enron@ENRON, Robert E
Lloyd/HOU/ECT@ECT, Scott Loving/NA/Enron@ENRON, Lia Halstead/NA/Enron@ENRON,
Christina Sanchez/Corp/Enron@ENRON
cc:
Subject: Women and motorcycles don't mix!

While we wait for Unify to work.....here's a funny!!!!

 - Evilke~1.mpe


Upon further reflection of the undue influence you have attempted in the past
and are currently attempting (need we forget you trying to get Bob Crane not
to sign my agreements!), it seems like you have a lack of confidence in your
abilities and are therefore unable to run a clean race!


California,s power crisis has generated heated debate over the last several
months.  Unfortunately, this debate has generated more heat than light.  We
want you to know what the facts are and what we are doing about the crisis.
Please spend a few minutes reading the following overview on the situation
and our position on California energy issues.

What happened in California

The source of California,s current problem is as straightforward as supply
and demand.  California,s economy grew 29 percent since 1998.  This increased
the demand for electricity by 24 percent.  At the same time, regulatory
restrictions prevented new generation from getting built in the state.  So
demand grew but regulations prevented supplies from being added.  The result,
predictably, is a shortage.  This summer, peak capacity will be about 10
percent shy of peak demand, leading to further blackouts in the state.

In addition to the supply and demand imbalance, there are two other related
factors that led to the current crisis.  First, the state,s regulations
forced all sales and purchases into the spot market.  The spot market for
power is extraordinarily volatile.  The way firms behave in a free market
when faced with such volatility is to construct a portfolio of purchases long
term, medium term and short term, to reduce exposure to this volatility.  In
California, state regulation prevented this strategy.  This would be the
equivalent of putting the entire state on an adjustable rate mortgage in the
most volatile interest rate environment imaginable.  Everything was fine
while the power surplus persisted, but when shortages ensued, every megawatt
was purchased at the sky rocketing spot price.

Second, retail markets were not deregulated.  Regulated retail rates remained
in effect, and stranded cost recovery charges were structured to keep
competition out.  This meant that utilities were forced to pay high wholesale
prices in the spot market but were only able to recover costs at the
regulated retail rate.  They are now nearly bankrupt.

In short, California,s problems were caused by regulation, not deregulation.
Regulations prevented competitors from entering the market, prevented new
generation from being built, and prevented prudent hedging against volatile
spot prices.

At the time California was developing its restructuring plan, Enron warned
the state,s policy makers about these risks and proposed alternatives, which,
if adopted, would have averted the current crisis.

Enron,s Role

Many political leaders in the state have elected to fix blame rather than fix
the problem.  Power sellers, including Enron, have been vilified by the
politicians and the media.  Here are the facts:

? Other than a small amount of wind power, Enron is not a generator in the
state of California.  Every megawatt we sold in California we bought in the
same market available to other California purchasers.  Because we are a
market maker, not a generator, we are not biased toward high prices.  We are
interested only in having a market that works so that we can package products
for our customers.
? As a seller to end-use markets in the state, we provided protection from
the problems the states, utilities, and their customers, now face.  We
protected, and still protect, our customers from price volatility.

You may have read that EES recently elected to have the utilities supply
power directly to its customers in California instead of procuring power on
the open market.  Early reports mischaracterized this as a &turnback8 of our
customers to the utilities.  Here are the facts:

? As a result of a variety of factors existing in the current California
market, it made more sense for EES to source power for its customers directly
from the utilities.  This decision reduced EES,s market price risk by
allowing EES to access lower utility rates.
? EES did not terminate any customer contracts, and our customers continue to
receive the financial benefits of their contract prices.
? EES is continuing to work with its California customers to provide them
with other energy-related products and services, including assistance in
reducing the demand for power, particularly at peak times.

Enron is currently proposing solutions to help California work out of its
crisis; Enron continues to sign up customers in the state; and Enron
continues to actively manage its risks and capture opportunities in Western
power markets.  Enron,s primary business is managing risk for our customers
with solutions customized to meet their needs.  There has never been more
demand for our products and services.

The Solution

The solution to California,s crisis is also straightforward.  In summary, the
state must increase supply, reduce demand, reduce reliance on the spot market
and shore up the financial stability of the state,s utilities.

Increasing Supply

California,s process for siting and permitting new generation is nothing
short of Byzantine.  Enron has built plants elsewhere in the country in less
than a year.  In California, it often takes 5 to 7 years.  California simply
must streamline this process.  Ironically, while many of the regulations
generators must overcome are aimed at improving environmental quality, the
regulations are preventing new clean technology from coming online and
displacing current plants, which emit 40 times as much NOx.  California can
have abundant power and cleaner air by expediting the permitting of new
facilities.

Reducing Demand

Customers in California today have no incentive to reduce or shift demand.
They pay the same rate no matter what the market price is.  An open retail
market would trigger demand responses, which would balance supply and demand
at lower prices than today.  California should fully open its retail market.

Reducing Reliance on the Spot Market

In a truly deregulated market, customers would protect themselves from
volatile spot prices by purchasing some of their requirements on a longer
term, fixed-price basis.  The state has instead left procurement in the hands
of the utilities, which it has forced to buy exclusively in the spot market.
Opening the market at the retail level will give customers control over their
price risk.

Restoring the Financial Integrity of the State,s Institutions

The utilities in California are not paying their bills.  This has led to
greater uncertainty in the market, higher costs, and reduced flexibility to
arrive at lasting solutions.  California must permit its utilities to recover
their costs so they can pay their bills and invest in the transmission and
distribution assets necessary to get power from where it is to where it is
needed.

Just as important as doing these things, the state must avoid policies that,
while politically attractive, do not fix the problem or even make matters
worse.  Price caps have been proposed.  They don,t work; have never worked;
and they will not work here.  Price caps succeed only in creating shortages,
which then have to be allocated among competing users.  Imagine how
ineffectively the government would be in determining, for example, whether it
is better to make its limited power supplies available to the Imperial Valley
or Silicon Valley.  Price caps are a surefire way to make the current
shortage worse.

The state has also proposed to take over generation and transmission in
California.  There is no reason to believe, and every reason to doubt, that
the state will be more effective than free markets at investing in,
constructing, operating and maintaining assets.  This will also result in
California tax revenues being spent on power transmission and power
generation -- which the private sector can do -- instead of education, roads
and other public goods -- which the private sector cannot do.

As you are approached by people outside the company or are learning about the
crisis from the media, it,s important for you to know this:  We at Enron will
continue to serve our customers and we will continue to propose real
solutions to the state.


-----Original Message-----
From: Choate, Heather
Sent: Wednesday, January 30, 2002 4:19 PM
To: Hennessy, Sonia; Jackson, Brandee; Romero, Araceli
Cc: Hall, Bob M
Subject: HELP!!! Needed and Wanted!!

An opportunity for us to spend quality time together one last time is here!!

In order to get both of our companies headed in the right direction and in
some kind of order we need to do some cleaning!

Please help pack up the desk files for the Estate.  UBS employees - this
also will include your current Enron business, scheduling, risk files, etc.

Boxes will be delivered Thursday 1/31 tomorrow to locations ECS-05314
and ECS-05119.  We need to have this completed by Friday.

When labeling boxes please provide the following information CLEARLY on
the end of the box.

Dept/Region/Pipe or Book/Employee Name- Any other information beyond
this would be welcome.

 If you have any questions, please call me at x33278.

 Many Thanks!

 Heather Choate


Dear Power Outage Database Customer,

Attached you will find an excel document. The outages contained within
are forced or rescheduled outages. Your daily delivery will still
contain these outages.

In addition to the two excel documents, there is a dbf file that is
formatted like your daily deliveries you receive nightly. This will
enable you to load the data into your regular database. Any questions
please let me know. Thanks.

Greg Elliott
IIR, Inc.
713-783-5147 x 3481
outages@industrialinfo.com

THE INFORMATION CONTAINED IN THIS E-MAIL IS LEGALLY PRIVILEGED AND
CONFIDENTIAL INFORMATION INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR
ENTITY NAMED ABOVE.  YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION,
DISTRIBUTION, OR COPY OF THIS E-MAIL TO UNAUTHORIZED ENTITIES IS
STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS
E-MAIL IN ERROR, PLEASE DELETE IT.

 - OUTAGE.dbf
 - 101101.xls
 - 101101R.xls


Hey its worth more than two cents, and I hear you exactly.  We will be busy
tonight, that is for sure!!!

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Wednesday, January 03, 2001 4:52 PM
To: Kari Dohn
Subject: RE: Additional Materials

It's hard to disagree with the fact that 1) the utilities are the ones that
cut the deal they're living with and 2) they took all of the "stranded
cost" money that consumers paid them and invested it in other states and
countries.

But you can only buy for 10 cents and sell for 5 cents for so long before
creditors turn off the spigot.  Difficult to see how the spigot stays on
with the draft decision issued today.  (See story attached, below.)

With bankruptcy, the only one making any decisions is the judge, and while
some see benefits to that, seems to us that from a political, financial and
commercial perspective, bankruptcy creates many more problems than it
solves.

That said, we're extremely sensitive to the politics of rate increases.
But if the increases are subject to refund, then decision makers can buy
themselves some time by erring just slightly to the high side of a rate
increase, which could fend off the ratings agencies and provide additional
opportunity over the next 90 days or so to scrutinize the utilities claims
and come up with comprehensive solutions to the bigger problems.

Well, you got my two cents.  Sorry about that.

Best,
Jeff
****************************************************************************
**********************

Late afternoon 1/3/01 news:

USA: Calif utility ratings may fall too far on 7-15 pct hike.
By Jonathan Stempel

01/03/2001
Reuters English News Service
(C) Reuters Limited 2001.

NEW YORK, Jan 3 (Reuters) - Bankruptcy may loom and the credit ratings of
the two largest California electric utilities will likely fall too far if
that state's Public Utilities Commission awards them an interim rate hike
of 7 to 15 percent, analysts said Wednesday.

In a draft decision on Wednesday, the CPUC proposed an immediate hike of 9
percent for residential customers of Pacific Gas & Electric Co. and
Southern California Edison, and hikes of seven to 15 percent for various
business customers.

The CPUC commission is expected to issue a final decision on Thursday.

"It forces the utilities and their creditors to be limbo dancers, and
skilled limbo dancers at that," said Shawn Burke, head of U.S.
investment-grade research at Barclays Capital.

PG&E and SCE had requested respective rate increases of 26 percent and 30
percent, a hike that would help them avoid imminent bankruptcy.

The utilities have also asked the regulators to remove a freeze on retail
rates imposed under California's 1996 law that deregulated the state's
electricity market.

On a day when most stocks roared ahead after the Federal Reserve announced
surprise interest rate cuts, investors beat down the stocks of Pacific
G&E's parent, San Francisco-based PG&E Corp. , and SoCal Edison's parent,
Edison International .

PG&E shares closed Wednesday on the New York Stock Exchange at $17, down
$2-9/16, or 13.1 percent, while Edison International shares closed at
$12-1/4, down $2-3/4, or 18.3 percent, on the Big Board.

Bond quotations were not immediately available for the utilities' bonds,
which in recent weeks have traded like junk.

Pacific G&E and SoCal Edison were banking on a big rate hike to allow them
to pass on some of their soaring wholesale power costs to consumers.

The utilities, which operate under a rate freeze, have accumulated more
than $8 billion in unrecovered costs since wholesale power prices started
skyrocketing last summer amid a worsening electricity shortage in the
state. They claim they are running out of money due to the price freeze,
and have billions of dollars of bills coming due in the next six weeks.

Central to their concerns is whether credit rating agencies Moody's
Investors Service and Standard & Poor's will cut their medium investment
grades to junk status.

"No one knows for sure, but if we consider the average rate hike is only
about 10 percent, it will be difficult for the companies to maintain
investment-grade ratings," said Dorothea Matthews, a fixed-income electric
utilities analyst for Deutsche Banc Alex. Brown.

The utilities have already been unable to tap short-term capital markets
because of their precarious financial state.

Downgrades to junk, which the agencies have already threatened, would
cement the door shut to these markets, and cause the utilities to default
on some of their loans.

Late Wednesday, PG&E Chief Executive Gordon Smith said the commission's
proposed hikes could jeopardize his utility's future loans.

Even a downgrade to the lowest investment grades - "Baa3" for long-term
debt and "Prime-3" for short-term debt from Moody's, and "BBB-minus" and
"A3" from S&P - would make the going very difficult for the utilities. The
reason: short-term debt markets are often closed to companies with those
ratings.

"Unless this process allows the rating agencies to keep 'A2/P2' ratings on
the short-term debt of both companies, then this process has largely been a
waste of everyone's time," said Burke.

Still, he said, "there is a reasonable chance, despite today's weak
recommendation, that the situation can be salvaged with mid-'triple-B'
ratings, which would allow a lifeline to conventional sources of
liquidity."

Moody's and S&P were not available for comment.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved

Kari Dohn

<Kari.Dohn@GO        To:     "'Jeff.Dasovich@enron.com'"

V.CA.GOV>            <Jeff.Dasovich@enron.com>

cc:

01/03/2001           Subject:     RE: Additional
Materials
06:30 PM

thank you so much.  so the news aint great for utilities?

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Wednesday, January 03, 2001 2:14 PM
To: Kari Dohn
Subject: Additional Materials

Greetings Kari:

Forgive the delay.  Much going on today, PUC draft decision in particular.
The draft does not look promising for the utilities' financial position.

Attached are our comments on the Governor's Proposals and some more detail
on the demand-reduction proposal.  We continue to work on the Nord Pool
research for you and will turn that around as quickly as we can.

Again, don't hesitate to contact me if there's anything else I can help
with, or if there's anything else that you need. (415.782.7822)

Best,
Jeff

(See attached file: Comments on Governor's Proposals 010301 .doc)(See
attached file: Demand buy-down proposal.doc)


I will look forward to talking with Norma.  Thanks for suggesting that she
contact me. --Sally

Paula Rieker@ENRON
02/01/2001 03:59 PM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Candidate

Sally - I had a chance to meet with Norma Tidrow today.  Norma is currently
the Corp. Secy. at Azurix.  I worked closely with her in the International
business and have a very high regard for her work.  Norma's background is as
a senior legal specialist.  She has advanced to a Director level at AZX.   I
believe she would be a very strong candidate for the right job within Enron.
She is a very quick learner, and her documentation and process-oriented
skills are exceptional.  Pls. expect a call from her to discuss
opportunities.  Thanks for your consideration!  Paula