It appears that the following email may not have been clear.  You have to copy all documents yourself.

This is my cheat sheet if it helps:

H Drives:
1.  Each person will have to move any data over personally from the old H drive (which is now Z:) drive to their new H drive.
2. The Z: drive (old H:) will be removed from UBS employees on Thursday night.

O Drives:
1. For the old O or M drives go to O:\ESTATE\ O (or M ? pending location of data) and copy to the new common O.  The Estate O and M will be removed from UBS employees on Thursday night.

Do not delete anything and only copy information which is complies with the policy.  Please make sure that those people who are not in the office are contacted and comply.

Louise

To:		All Enron Employees Transferring to UBS Warburg Energy (or its affiliates)

Under the terms of the various agreements among certain Enron entities and UBS AG, certain Enron data and documents may be provided to UBS.  To ensure compliance with those agreements, Enron's document retention policy, as well as directives of various investigative agencies, the attached protocol regarding the process for migration of any information or data to UBS has been developed.

Please review the protocol carefully.  Then, complete the attached Certification and return it, with attachments, to Linda Guinn at EB 3829a no later than February 11, 2002.

Questions about this matter may be directed to Michelle Cash at (713) 853-6401 or Francisco Pinto-Leite at (713) 345-7942 .

Protocol Document and Data Copy Instructions

Certification Document


-----Original Message-----
From: Hara, Kathy [mailto:KHara@avistaenergy.com]
Sent: Thursday, October 18, 2001 1:52 PM
To: Semperger, Cara; Scholtes, Diana; Demetrios Fotiou (E-mail); Flint Mitchell (E-mail); Jim Ewers (E-mail); Jon Perry (E-mail); Keith Wagner (E-mail); Kevin McMahan (E-mail); Burnett, Lisa; Little Boogie (E-mail); Meg Coleman (E-mail); Patrick Jackson (E-mail); Pete Karagianes (E-mail); Randy Enders (E-mail); Robb Gray (E-mail); Ron Hadwiger (E-mail); Stephanie Gerk (E-mail); Uncle Krusty (E-mail)
Subject: FW: Why stick people are extinct.

-----Original Message-----
From: Chapman, Michelle
Sent: Thursday, October 18, 2001 13:33
To: French, Blaine; Hara, Kathy; Harper, Steve; Holland, Kevin; Stelzer, Chris; Steiner, Nolan; Amy Palmer (E-mail); Carrie Wurzburg (E-mail); Kim Lechtenberg (E-mail); Kris Bauer (E-mail); Melissa Camp (E-mail); Sylvia Super (E-mail); Law, Andy; Shortell, Greg
Cc: 'mchapman@icehouse.net'
Subject: FW: Why stick people are extinct.

Subject: Why stick people are extinct.


Kate,
Please find the following spreadsheet detailing EES's positions for the
14th.  I appreciate you putting these schedules together for the real-time
group.
Thanks
B
---------------------- Forwarded by Bill Williams III/PDX/ECT on 03/13/2001
04:22 PM ---------------------------
To: Bill Williams III/PDX/ECT@ECT
cc:

Subject: REAL-TIME LONG POSITIONS FOR DELIVERY 3/14/01

Bill please do your best to sell off these additional positions.  IE. these
numbers plus what you get from Platter.

call me if there is a question 713 249 3952


Please list Mark Haedicke as an attendee for the Thursday, August 19, 1999
Bon Voyage Bash for Kevin and Christine Hannon

Thank You


Thanks for reserving the room.
I will not need any food ordered.
Thanks,
Bill

 -----Original Message-----
From: 	Chatterton, Jill
Sent:	Monday, November 26, 2001 12:38 PM
To:	Williams III, Bill
Subject:	meeting

I have reserved Mt. Hood at 4pm for your group.
Will you need any food ordered??

Jill


Start Date: 12/14/01; DayAhead market;  DayAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

Error: Crawler lifetime exceeded.


(See attached file: HPLN0313.xls)

 - HPLN0313.xls


Attached is a redlined copy of the revised schedules to the Purchase and Sale
Agreements.  Also attached, for the sake of completeness, are the supplements
to the schedules.  The supplements are the same as prior versions, except for
some changes to the title defects schedules for the Maverick, Box Draw, and
Caballo systems.

I attempted to redline the schedules for the title defects, but it redlined
the whole list.  The only change of substance added was a new Wyoming DOT
road crossing permit to Maverick.  Also taken off were references to the
documents that have been prepared and sent to Gillette (that information was
contained in brackets and began "[See Attached ....].  That information was
for the right of way agents in Gillette so that they knew what documents had
been prepared for them.  Please let me know if you have any questions.


Walter, to be able to get a quick turnaround on these counterparty setups, my
group needs the address and phone number to these counterparties....our
deadline is 10:00 am today, and with the minimal information on the
spreadsheet (just CP name) we will not be able to complete setup by deadline
and cause delays for the global contracts group.....

Please provide the data above asap.....call if you have any
questions....thanks....

Mary Gosnell
x3-1727

Walter Guidroz@ENRON
10/15/2000 12:53 PM
To: Camille Gerard/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Tanya Rohauer/HOU/ECT@ECT,
Paul Radous/Corp/Enron@ENRON, Tom Moran/HOU/ECT@ECT, Bradley
Diebner/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT,
Stacey Richardson/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Walter
Guidroz/NA/Enron@Enron
cc:
Subject: ClickPaper counterparty approvals, 10-13-00

Attached are new ClickPaper counterparty approvals for 10-13-00.  I tried to
get these out on Friday afternoon but Lotus Notes was down for everyone in
our group...

Walter


Clement - can you give us an update, tks Denis

From: Sara Shackleton on 13/12/2000 09:32 CST
To: Denis O'Connell/LON/ECT@ECT
cc: Matthew Dawson/LON/ECT@ECT, Clement Abrams/Corp/Enron@ENRON

Subject: Re: Morgan Stanley Capital Services, Inc. ("MSCS")

Denis:

I spoke with Clem and forwarded the attached guaranty.  I didn't read the
guaranty so I don't know if it was negotiated or standard.  You should
contact Clem about the urgent nature of the request as I am not familiar with
the details.  Thanks.  Sara

	Denis O'Connell
	12/13/2000 07:13 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Matthew Dawson/LON/ECT@ECT
		 Subject: Re: Morgan Stanley Capital Services, Inc. ("MSCS")

Sara - I would be very grateful if you could have the attached executed and
faxed to Matt Flett at MS in London, with a copy to myself asap.

Many thanks for your assistance.

Best regards,

Denis

Denis O'Connell
Senior Counsel
Enron Europe Limited
Tel. +4402077834828
Fax. +4402077839238

From: Sara Shackleton on 12/12/2000 09:35 CST
To: Matthew Dawson/LON/ECT@ECT, Denis O'Connell/LON/ECT@ECT
cc:

Subject: Morgan Stanley Capital Services, Inc. ("MSCS")

Matt and Denis:

I spoke with Matthew Flett about an hour ago and he advised that
EnronCredit.com Limited had finalized its ISDA.  I requested a copy burt he
has not yet sent it over.  Both ENE and ENA want to execute masters with MSCS
and we would like to work from your document.

Can you email me a copy?

Thanks.  Sara


Updates
Jennifer Burns - new cell phone number
Kathy McMahon - new executive committee assistant


John and Terry, could you check into having a Business Objects report done for all groupings with
	the following information.

		Previous Cyclce Nomination	Current Nomination	Confirmation	Schedule

	Confirmation piece is not critical if that prolongs getting the report.

	The reason for the report  - Gas Control needs to know what changes have taken place and
	this will prevent the teams from doing a manual report.

	If we already have access to something similar to this, let me know.  I would like to be
	able run this report during cycle.  (I think I am probably asking for the moon), but that
	would be the best time for Gas Control.

	Thanks. Lynn


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i heard about a new bar downtown that is like state bar but a younger crowd.
it is near prague.  have you heard of it?  we should check it out sat night.


----- Forwarded by Mark E Haedicke/HOU/ECT on 08/14/2000 12:00 PM -----

	Frazier King@ENRON
	08/11/2000 05:31 PM

		 To: Mark E Haedicke/HOU/ECT@ECT
		 cc:
		 Subject: EBA Presentation

Mark,

Thanks for a great presentation today.
I have already received several comments
from people saying how much they enjoyed it.

I've attached a few orchid shots.
In fact, I will be showing them all on Saturday.
My photo organization, Houston Center for Photography is sponsoring a print
sale.
It is from 10 am to 6 pm this Sat. at 1441 Alabama (near the Menil).

Hope you have a great weekend.
Thanks again.

Frazier


A few of my pictures.   Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 09/06/2000 04:47 PM -----

	markehaedicke@hotmail.com
	09/04/2000 05:49 AM

		 To: meh41@aol.com, rnavarre@fibertel.com.ar, mark.e.haedicke@enron.com
		 cc:
		 Subject: Middle East Pictures

HI:

Just a few pictures from our trip.

Mark

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---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/01/2001
02:21 PM ---------------------------

Shirley Crenshaw
05/01/2001 10:20 AM
To: Lance Cunningham/NA/Enron@ENRON, Vasant Shanbhogue/HOU/ECT@ECT, Alex
Huang/Corp/Enron@ENRON, Sevil Yaman/Corp/Enron@Enron, Vince J
Kaminski/HOU/ECT@ECT, Martin Lin/HOU/ECT@ECT, Lloyd Will/HOU/ECT@ECT
cc:
Subject: US Power Outlook 2001

FYI!

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 05/01/2001
10:19 AM ---------------------------

"Lin, Hongyan" <Hongyan.Lin@wefa.com> on 04/25/2001 08:15:44 AM
To: Shirley.Crenshaw@enron.com
cc: "McNabb, Peter" <Peter.McNabb@wefa.com>
Subject: US Power Outlook 2001

 <<US Power Outlook 2001.pdf>>  <<US Power Outlook 2001- Appendix B.pdf>>
<<US Power Outlook 2001- Appendix C.pdf>>  <<US Power Outlook 2001- Appendix
D.pdf>>  <<US Power Outlook 2001- Appendix E.pdf>>  <<US Power Outlook 2001-
Appendix F.pdf>>  <<US Power Outlook 2001- Appendix G.pdf>>

 - US Power Outlook 2001.pdf
 - US Power Outlook 2001- Appendix B.pdf
 - US Power Outlook 2001- Appendix C.pdf
 - US Power Outlook 2001- Appendix D.pdf
 - US Power Outlook 2001- Appendix E.pdf
 - US Power Outlook 2001- Appendix F.pdf
 - US Power Outlook 2001- Appendix G.pdf


Elizabeth,

Per Mark,

I am forwarding the attached email to seek any thoughts/comments that you
might have.  Mark was generally ok subject to your approval.  Please advise.

Stuart
----- Forwarded by Stuart Zisman/HOU/ECT on 12/13/2000 09:08 AM -----

	Stuart Zisman
	12/12/2000 06:08 PM

		 To: Mark E Haedicke/HOU/ECT@ECT, David W Delainey/HOU/ECT@ECT
		 cc: Janet R Dietrich/HOU/ECT@ECT, Ben Jacoby/HOU/ECT@ECT, Chris
Booth/NA/Enron@Enron, Scott Healy/HOU/ECT@ECT
		 Subject: Non-Compete Proposal

As you may already know, Scott Healy and I are working on revising the
existing agreement with AES relating to the Calvert City development site in
Kentucky.  In connection with that transaction, ENA agreed to non-compete
language which is virtually identical to the provision set forth below.   The
current deal contemplates switching from the Calvert City site to our Haywood
County site in Tennessee.  As a result, AES has requested the following
non-compete provision.  Please provide any thoughts that you might have.  I
am available to discuss this with either of you on a moment's notice.

"For the period commencing on the Effective Date and terminating on the
earlier to occur of (i) the termination of this Project Development Agreement
or the Purchase Agreement in the event that Purchaser does not purchase the
Interests or (ii) September 1, 2002, Developer [ENA] (including its
subsidiaries but only to the extent that Developer owns greater than 50% of
the voting securities of such subsidiaries) agrees not to pursue for its own
account the development or acquisition of any power generation project
(except for any transaction pursuant to which such power generation project
is purely incidental to the overall transaction and is not a material part of
the assets being acquired or merged in such transaction) where the point of
interconnection of such project to TVA's Shelby to Weakley 500 kV
transmission line is located in Haywood County, Tennessee."

Stuart


Steve:

Joe called and asked me to summarize for you the meeting between Nick and
Carla a few weeks ago.

Nick outlined the current state of play in Tokyo.  To summarize what I took
as his central message -- now is a particularly sensitive time for Enron in
Japan.  They have a high profile and are establishing good relationships with
the right government officials and business leaders, both publicly and behind
the scenes.  They're in the process of bringing on a senior Japanese national
in the reg/government affairs team, and an experienced PR person as well.
Both come with their own set of contacts and experience that Nick would like
to give an opportunity to develop.   With the electricity deregulation still
shaking out, and Enron Online Japan just being launched days ago, Carla's
high profile might be valuable at some point and on certain issues -- but now
may not be that time.

Carla replied that she understood the need for sensitivity.  She outlined her
contacts in Japan, which are impressive.  She said she would only go to
reinforce a message that a client wanted delivered -- to have another party
support the Enron message to the right people is often valuable, especially
in Japan.  She said she understood timing, and reiterated that she was happy
to help when called upon.

No decisions were made on short-term travel by Carla to Japan.


California's GO Rating Cut To Aa3 From Aa2 By Moody's Updated: Tuesday, May
15, 2001 12:03 PM ET
NEW YORK, May 15, 2001 -- Moody's has lowered the rating on $19.8 billion of
State of California General Obligation bonds to Aa3 from Aa2. In addition, we
have lowered the rating on $5.7 billion in lease revenue bonds from Aa3 to
A1.
The downgrade reflects increasing financial risks associated with the
continuing energy crisis, as well as those related to trends in the broader
U.S. and California economies. The recent setback in securing legislation to
provide energy purchase bridge financing threatens to compound the risks and
cost of the energy crisis. In addition, the newly released May Revision to
the Governor's Budget Submission confirms the substantial revenue
deterioration that is expected to emerge over the next eighteen months due to
the weak high technology sector and stock market. The May Revision commences
what is likely to be a difficult budget debate.
Delay in External Energy Financing Will Continue to Erode State Financial
Position
To date, the state's general fund cash advances for power purchases total
approximately $4 billion, and these advances are likely to grow very quickly
in the coming months. Last week, the legislature passed a bill (Senate Bill
31) authorizing the issuance of $13.4 billion in revenue bonds to fund future
purchases and repay the General Fund for past advances. Unfortunately, this
law will not go into effect until late summer, thereby scuttling the state's
planned interim loan facility which would have provided temporary funding for
power purchases. Importantly, the bridge financing would have begun the
process of shifting the source of cash from the state treasury to the credit
markets, and ultimately to ratepayers. That process is now delayed, and in
the interim, the state treasury will continue to serve as the source of funds
for power purchases.
Net state power purchase advances are running at the rate of over $1 billion
per month. Moody's estimates that the state's ending cash position will be
approximately $10 billion at June 30, 2001, including both General Fund cash
and internal "borrowable resources", which represents cash that can be
borrowed by the General Fund beyond the end of the fiscal year. This estimate
takes into account expected energy purchases through June 30th.
In July and August, an additional $3 to $4 billion could be expended from the
state treasury to purchase power until external financing is secured,
bringing total General Fund advances for power purchases to almost $10
billion by mid-August. As a result, the state's cash reserves are likely to
be significantly depleted by the time long-term financing can be secured. The
experience of the early 1990s indicates that a substantial portion of
borrowable resources serve as a source of liquidity. Nevertheless, Moody's
still anticipates this weakened cash position will lead the state to seek
external cash flow borrowing for the General Fund in the form of Revenue
Anticipation Notes during 2002, reversing the trend over the last two fiscal
years in which the State has not needed to borrow externally for seasonal
cash flow purposes. The state is expected to release refined cash projections
later this week.
Although the state's liquidity position is clearly weakening, we do not view
the state's current financial outlook as severe enough to lower the rating to
the A range. And Senate Bill 31 protects the General Fund from future
energy-related advances by stipulating that after November 15, 2001, the
amounts required for short-term cash flow power purchases cannot exceed $500
million in the aggregate. The enacted bill further requires that such amounts
be repaid from the Department of Water Resources Electric Power Fund within
180 days. These provisions provide some assurances that DWR will seek rate
increases to fund its purchases when bond proceeds have been depleted. We are
currently assuming the state's General Fund may not be fully reimbursed by
the proceeds of the long-term financing, as such full reimbursement would
reduce the amount of bond proceeds available for future power purchases, and
require DWR to seek additional rate increases during 2001. Given the lack of
consensus as to how to distribute the cost of power between ratepayers and
the state treasury, it is unclear whether additional rate increases during
2001 will be politically feasible.
May Revision Quantifies Expected Deterioration in Revenue Forecast
As expected, the May Revision to the Governor's Fiscal 2002 Budget Submission
revised tax revenue forecasts downward by a substantial magnitude, reflecting
the economic and revenue effect of the weakening economic outlook compared to
that underlying the Governor's January proposal. In particular, the weakening
U.S. economic outlook and stock market performance, particularly in the
technology-oriented NASDAQ market, produce major changes to the income and
sales tax forecasts. Over the last several years, the percentage of General
Fund revenues attributable to capital gains and stock options has grown from
approximately 5% in fiscal 1996 to an estimated 23% in the current fiscal
year. Based primarily on the downturn in the high technology sector, which
relies heavily on options in compensation packages, and the sluggish
performance of the stock market and its adverse affect on capital gains, the
state has reduced its tax revenue estimate for the upcoming year by
approximately $5.4 billion, including a $2.7 downward revision in the
personal income tax. The drop in these sources of income will also temper
growth in sales tax collections for the upcoming year. In total, the state
now expects revenues to decline by approximately $3.2 billion year over year
between the current fiscal year and fiscal 2002. The state has not seen year
over year tax revenue declines since 1992.
A number of budgetary actions taken in recent years will aid the state in
adapting to the weaker revenue forecast. During fiscal 2001, as well as in
the January proposal for 2002, the budget included substantial non-recurring
spending items. As a result the base of recurring budget demands in fiscal
2002 and beyond is lower than it otherwise would have been. The governor has
proposed to cancel or defer some of these items, seeking to reduce General
Fund spending by approximately $3.2 billion as compared to the January
proposal. Spending cuts, however, do not match the revenue decline. Fiscal
2002 spending is slated to drop by $600 million year on year, a drop of less
than 1%, while revenues are expected to fall by 4% during the same period.
Although the revenue forecast is relatively cautious, the target ending
balance, at $1.8 billion, leaves little cushion for additional bad news.
The proposed budgetary reductions, along with proposed spending levels for
recurring items such as education, will likely lead to prolonged budget
debate in the coming weeks. While such budget negotiations would not
necessarily adversely affect the timing of the issuance of the long-term
power bonds, delay could further weaken the state's fiscal position.
Energy Crisis Compounds Uncertainty in Economic Outlook
The energy crisis will have economic, as well as financial, consequences that
add further uncertainty to an already complex economic outlook. The
Governor's economic forecast calls for the economy to slow through 2002,
taking a similar if not more slightly pessimistic view than other economists,
including UCLA, Economy.com, and the economists surveyed by the Western Blue
Chip. The state posted non-farm employment gains of nearly 4% in 2000, but
the Governor's forecast expects job growth to moderate to 2.3% in 2001, and
grow by less than 2% in 2002. Salary and wage income growth, which drives tax
revenues, is expected to be even weaker than employment trends. The drivers
of the forecasts include the outlook for the high technology sector, as well
as the important housing sector.
None of the economic forecasts explicitly quantifies the impact of the energy
crisis. The California economy is not heavily dependent upon energy, and
ranks lowest among states in terms of per capita electricity consumption. The
industries that drive the California economy are not heavy users of energy
and it is not a major cost factor for the California industry mix. However,
uncertainty regarding cost and availability of energy and the threat of
unreliable power going forward have already damaged the state's business
climate, reputation, and longer-term growth prospects. In Moody's view, the
forecasting techniques of the major economic services tend to underestimate
the potential impact of these difficult to quantify dimensions of the energy
crisis.
OUTLOOK:
Outlook Remains Negative
At the moment, we expect that the substantial cash resources accumulated by
the State of California during the expansion of the last decade, in
combination with the planned long-term energy financing will enable it to
avert the degree of fiscal damage that would call for the rating to fall to
the A range. If a reasonably cautious balanced budget is enacted and the
long-term energy financing completed, the state will still have reasonable
margins of bondholder protection on its balance sheet. However, if the state
or US economic outlook weakens further, or if the energy financing stalls, or
if the enacted budget is only narrowly balanced, the rating could be adjusted
further. While we expect that the state will be able to structure a viable
long-term energy financing over the next few months, substantial obstacles
must be overcome to meet that goal. In addition, the state will need to enact
a balanced budget that leaves enough cushion to accommodate the remaining
economic uncertainty not captured in its cautious revenue forecast. Given the
recent failure to secure the supermajority necessary to enact emergency
bridge energy financing legislation, we expect that the budget - which also
requires a two-thirds majority vote - will also be the subject of a difficult
debate.


Looks like enronemissions.com is registered to some guy at Arthur Andersen in the UK.  But... before I tell the people in Legal that someone grabbed this domain name illegally, would you please check with your VP and see if he has *any* contact names of people in Enron Europe doing Emissions?  I'd like to do a little double-checking first.
-----
Brandon Rigney
Corp Webmaster
x31583


I thought that Brenda's meeting is on Tuesday the 8th.

D

	From:  Yvette G Connevey @ ENRON                           02/01/2000 04:01 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Internal Pool Meeting

This conflicts with Brenda's staff meeting. Do you want to send Stacey in
your place? Let me know
Y
---------------------- Forwarded by Yvette G Connevey/Corp/Enron on
02/01/2000 03:59 PM ---------------------------

Heather Choate@ECT
02/01/2000 03:29 PM
To: Randall L Gay/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, George
Smith/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Pat
Clynes/Corp/Enron@ENRON
cc: Yvette G Connevey/Corp/Enron@ENRON, Ragayle Pellum/HOU/ECT@ECT, Alex
Saldana/HOU/ECT@ECT, Robert Superty/HOU/ECT@ECT, Scotty Gilbert/HOU/ECT@ECT,
Brenda F Herod/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT

Subject: Internal Pool Meeting

Please plan to attend a meeting to discuss the transition from internal pools
to service contract pools...

  Wednesday, February 9, 2000
  at 2pm in EB3084

 If you are not able to attend this meeting please send someone in your
place.

 Thank you,
 Heather Choate
 for Scotty Gilbert
---------------------- Forwarded by Heather Choate/HOU/ECT on 02/01/2000
03:23 PM ---------------------------

	From:  Scotty Gilbert                           02/01/2000 02:48 PM

To: Heather Choate/HOU/ECT@ECT
cc: Randall L Gay/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, George Smith,
Edward Terry/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Robert
Superty/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT
Subject: Internal Pool Meeting

Heather can you set up a meeting in my office to discuss the transition from
internal pools to service contract pools.

Scotty

attendees
R. Gay
K. Kelly
G. Smith
E. Terry
D. Farmer
P. Klyne

or sub if they cannot attend


Attached for your information is a memo that we plan to send out to employees
worldwide Monday afternoon or Tuesday morning discussing the Policy
Committee's cost saving recommendations.  To the extent there are unique
aspects of these policies as they apply to your business unit, please follow
up with a further communication to your employees.  We will send you a list
of frequently asked questions that deal with systems issues.

Thank you.

Karen


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/06/2001
05:56 PM ---------------------------

Tanya Tamarchenko
03/21/2001 09:58 AM
To: Naveen Andrews/Corp/Enron
cc: Vince J Kaminski/HOU/ECT@ECT, David Port/Market Risk/Corp/Enron
Subject: Re: estimating tail of distribution and additional risk measures

Naveen,
the "analytical VAR" approach is working for Equity portfolio.
It gives us the tool to examine the tails' behavior for this portfolio and
calculate "Expected Tail Loss".
The same should be done for commodities portfolio as well.

Meanwhile, as we discussed, we can give some rough estimates of the losses
corresponding to percentiles other than 5th.

Look at the figure below. You can see VAR numbers for 5%, 1%, 0.5% and 0.1%
calculated with
1) simulations (100 thousand simulations);
2) analytical VAR (gamma-delta positions representation)

 1) and 2) are very close because there are not many options in Equity
portfolio.

3) simulations (1000 simulations) to calculate 5% VAR. Then in order to
approximately estimate VAR for 1%, 0.5% and 0.1%
I scaled 5% VAR with factors corresponding to normal distribution (for
example: Norminv(0.001,0,1)/Norminv(0.05,0,1) for 0.1%).
The result of such extrapolation in this case is quite good (just 5%
different from the correct number).
We probably can use such rough estimates of tail for commodities portfolio
until we have proper methods implemented.

Tanya Tamarchenko
02/28/2001 01:17 PM
To: Wenyao Jia/HOU/ECT, Debbie R Brackett/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: "analytical" var implementation in RisktRAC

Debbie,
I am forwarding to you a 2 page document describing implementation of
"analytical" VAR in RisktRAC.

Here is why this effort is very important:
1. We need to calculate VAR for other percentile but 5 (1% or even 0.2% as
mentioned by Rick Buy)
and our simulation model can not handle required number of simulations;
2. We need to present additional risk measures (such as Mean Tail Loss) to
the Board.

The analytical approach is implemented in a spreadsheet and fully tested
already so there will be no problems
with the algorithm itself.

We need to get together and discuss IT implementation.

What do you think?

Tanya


---------------------- Forwarded by Scott Neal/HOU/ECT on 08/07/2000 01:22 PM
---------------------------

Todd.Neal@chron.com on 08/04/2000 11:43:10 AM
To: holiday@btl.net
cc: sneal@enron.com
Subject: RE: Septe. 7-10,00

I hear you have excellent bone fishing.  We'd like to use light tackle for
lot's of action.

Todd

  -----Original Message-----
  From: Holiday Hotel [mailto:holiday@btl.net]
  Sent: Friday, August 04, 2000 10:14 AM
  To: Todd.Neal@chron.com
  Subject: Septe. 7-10,00

  Dear Mr. Todd Neal,

  There are several fishing guides on the island.  We will
need to know what
  type of fishing you are interested in doing then we can
provide you with a
  contact.

  Definitely no golf course on the island.

  We are looking forward to have you as our guest.

  Sincerely,

  Kim Reyes
  www.SanPedroHoliday.com

  ----- Original Message -----
  From: <Todd.Neal@chron.com>
  To: <holiday@wgs1.btl.net>
  Cc: <sneal@enron.com>
  Sent: Friday, August 04, 2000 7:14 AM
  Subject: RE: Auction Item

  > Ada,
  >
  > Our trip to your wonderful paradise is quickly
approaching.  We can hardly
  > wait.  I still need to make contact with a fishing guide.
I'd love to
  > discuss the possibility of fishing on Friday, 9/8 and
Saturday, 9/9.  Can
  > you help put me in touch with someone?  Also, is there
golf available on
  the
  > island?  If so, how would I make a tee time.  I'll look
forward to hearing
  > from you soon.
  >
  > Thanks,
  >
  > Todd Neal
  >
  > -----Original Message-----
  > From: Holiday Hotel [mailto:holiday@wgs1.btl.net]
  > Sent: Friday, February 18, 2000 9:00 PM
  > To: Todd.Neal@chron.com
  > Subject: RE: Auction Item
  >
  > At 12:18 PM 2/18/2000 -0600, you wrote:
  > >Kim,
  > >
  > >It's been a while since we spoke, but I think I'm ready
to
  > come see you
  > >guys.  I've made tentative flight arrangements for
  > September 7 arriving in
  > >Belize at 1:22 p.m.  My departure time is scheduled for
  > September 10 at 3:30
  > >p.m.  I understand that you will take care of transfers
to
  > San Pedro on
  > >Tropic Air.  How does this work and do you have
  > availability during my
  > >desired times.  Let me know what to do next.
  > >
  > >Thanks for everything.
  > >
  > >Todd Neal
  > >todd.neal@chron.com
  > >
  >
  >
  > Dear Mr. Todd Neal:
  >
  > We have confirmed a room for you in September 07 leaving
the
  > 10,00.
  > Room has a queen size and a twin. We will go ahead and
book
  > you on Tropic
  > Air 2:30 p.m. flight to the island and back on the 10th on
  > the 1:oo p.m.
  >
  > If you should have any questions please feel free to
contact
  > us.
  >
  > Sincerely,
  >
  > Ada Ayuso
  > SAN PEDRO HOLIDAY HOTEL> -----Original
  > Message-----
  > > From: San Pedro Holiday Hotel
  > [mailto:holiday@btl.net]
  > > Sent: Sunday, July 11, 1999 6:03 PM
  > > To: Neal, Todd
  > > Subject: Re: Auction Item
  > >
  > > Dear Mr. Todd Neal,
  > >
  > > We will extend the time period for you.  You
  > can use the
  > >package anytime
  > > between May 1,2000 through October 31, 2000.
  > You will need
  > >to make
  > > reservation prior to your arrival.
  > >
  > > Sincerely,
  > >
  > > Kim
  > >
  > >
  > >
  > > At 06:49 PM 7/6/99 -0500, you wrote:
  > > >Celi,
  > > >
  > > >Hi!  My name is Todd Neal and I was given a
  > vacation
  > >package to your
  > > >wonderful paradise.  The vacation package
  > was purchased as
  > >an auction item
  > > >through Amigos De Las Americas in January.
  > Unfortunately,
  > >I was just given
  > > >the item in the last few weeks and I'm of
  > the understanding
  > >it is only
  > > >available through Dec. 15.  There are also
  > block out dates
  > >from Nov. 20 -
  > > >Nov. 26.  Unfortunately do to several
  > personal and
  > >professional obligations,
  > > >I will be unable to use the package under
  > the current
  > >timeframe.  I am,
  > > >however, seeking an exception because I
  > would really like
  > >to visit your
  > > >wonderful hotel.  I'm hopeful that you will
  > consider
  > >extending the timeframe
  > > >through December 15, 2000.  Your
  > consideration would be
  > >greatly appreciated.
  > > >I'm looking forward to hearing from your
  > real soon.
  > > >
  > > >Thanks again,
  > > >
  > > >Todd Neal
  > > >todd.neal@chron.com
  > > >
  > >
  > >Attachment Converted: "C:\PROGRAM
  > FILES\INTERNET\EUDORA\Attach\RE Auction
  > Item"
  > >
  >


note Chris McGill's (AGA) commments.
---------------------- Forwarded by Scott Neal/HOU/ECT on 01/22/2001 08:41 AM
---------------------------

sneal12@mindspring.com on 01/22/2001 08:38:50 AM
To: sneal@enron.com
cc:
Subject: Some in natural gas industry blame market speculators for high prices

As natural gas prices rose in December, traders at the New York Mercantile
Exchange kept one eye on the weather forecast and another on a weekly gas
storage number.

Read the full story at the address below:
http://www.kcstar.com/item/pages/home.pat,local/377511be.120,.html

This story has been sent to you by: sneal12@mindspring.com.

This is a service of kcstar.com.


Reservation status has changed. Details of the reservation are listed below:
ASSIGNMENT_REF = 27778
SELLER_CODE = AZPS
SELLER_DUNS = 958982563
CUSTOMER_CODE = EPMI
CUSTOMER_DUNS = 848921276
AFFILIATE_FLAG = 0
PATH_NAME = W/AZPS/WALC-SRP/MEAD230 - PALOVERDE500//
POINT_OF_RECEIPT = MEAD230
POINT_OF_DELIVERY = PALOVERDE500
SOURCE = presched
SINK = presched
CAPACITY = 60
CAPACITY_REQUESTED = 60
SERVICE_INCREMENT = HOURLY
TS_CLASS = NON-FIRM
TS_TYPE = POINT_TO_POINT
TS_PERIOD = ON_PEAK
TS_WINDOW = FIXED
TS_SUBCLASS = WHEEL
NERC_CURTAILMENT_PRIORITY = Nerc Priority 1
OTHER_CURTAILMENT_PRIORITY = Default
START_TIME = 01/04/2002
STOP_TIME = 01/04/2002
CEILING_PRICE = 3.50
OFFER_PRICE = 3.50
BID_PRICE = 3.50
PRICE_UNITS = $/MWh
PRECONFIRMED = NO
ANC_SVC_LINK = N/A
ANC_SVC_REQ =
POSTING_REF = 0
SALE_REF =
REQUEST_REF =
DEAL_REF =
NEGOTIATED_PRICE_FLAG =
STATUS = CONFIRMED
STATUS_NOTIFICATION = holden.salisbury@enron.com
STATUS_COMMENTS = not preconfirmed
TIME_QUEUED = 01/03/2002

TIME_OF_LAST_UPDATE = 01/03/2002
PRIMARY_PROVIDER_COMMENTS =
SELLER_COMMENTS =
CUSTOMER_COMMENTS =
SELLER_NAME = AZPS
SELLER_PHONE = 602.250.1128
SELLER_FAX = 602.250.1155
SELLER_EMAIL = oasisadm@apsc.com
CUSTOMER_NAME = Enron Power Marketing, Inc.
CUSTOMER_PHONE = (713)853-3801
CUSTOMER_FAX = (713)646-8272
CUSTOMER_EMAIL = bill.rust@enron.com
REASSIGNED_REF = 0
REASSIGNED_CAPACITY = 0


per my voicemail
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 02/12/2000
08:17 AM ---------------------------

Richard B Sanders
01/26/2000 08:04 AM
To: Enron IT purchasing@enron
cc:
Subject: new laptop computer

What is the status of my upgrade request that was made 5 weeks ago?
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 01/26/2000
08:01 AM ---------------------------

Linda R Guinn
01/26/2000 07:21 AM
To: Richard B Sanders/HOU/ECT@ECT
cc:
Subject: new laptop computer

As requested.
---------------------- Forwarded by Linda R Guinn/HOU/ECT on 01/26/2000 07:19
AM ---------------------------

Linda R Guinn
12/20/99 10:05 AM
To: Richard B Sanders/HOU/ECT@ECT
cc:
Subject: new laptop computer

I submitted this on 12/15.
---------------------- Forwarded by Linda R Guinn/HOU/ECT on 12/20/99 10:04
AM ---------------------------

Linda R Guinn
12/15/99 12:00 PM
To: Enron IT Purchasing@Enron
cc:
Subject: new laptop computer

Richard Sanders, the litigation manager for ENA legal,  would like to upgrade
his laptop computer.  RC # is 0630.  Could you please order the latest
version?  Please also contact me with any questions you have.

Thank you.

Linda Guinn


Alice Wright
Enron Wholesale Services
Power Trading - Legal - EB3809A
713-853-5438
713-646-3491 (fax)
alice.wright@enron.com

 -----Original Message-----
From: 	Noske, Linda
Sent:	Tuesday, July 17, 2001 1:01 PM
To:	Wright, Alice
Subject:	FERC RTO Orders, Part 2

---------------------- Forwarded by Linda J Noske/HOU/ECT on 07/17/2001 01:01 PM ---------------------------

 	  From:  Christi L Nicolay                           07/13/2001 04:51 PM

To:	Linda J Noske/HOU/ECT@ECT
cc:

Subject:	FERC RTO Orders, Part 2

Please make 3 copies of each order.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 07/13/2001 04:51 PM ---------------------------
From:	Linda L Lawrence/ENRON@enronXgate on 07/13/2001 10:04 AM
To:	Elizabeth Linnell/NA/Enron@Enron, Christi L Nicolay/HOU/ECT@ECT, Susan Scott/ENRON@enronXgate
cc:

Subject:	FERC RTO Orders, Part 2

<Embedded Picture (Device Independent Bitmap)>


Who is handling this?
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 02/24/2000
01:55 PM ---------------------------

Becky Stephens@ENRON on 02/23/2000 05:01:02 PM
To: Richard B Sanders/HOU/ECT@ECT
cc: Linda R Guinn/HOU/ECT@ECT
Subject: service of process

The following documents, received today, have been forwarded for your
immediate review and consideration:

KCS Energy, Inc., et al, Debtors ) Chapter 11 Bankruptcy; No. 00-0028(PJW)
and 00-0310(PJW) through 00-0318(PJW), In the U.S. Bankruptcy Court, District
of Delaware.  NOTICE OF MOTION and NOTICE OF CHAPTER 11 BANKRUPTCY CASE,
MEETING OF CREDITORS & DEADLINES to Panhandle Gas Company and Enron Gas
Marketing, Inc. by regular mail on 2/23/00.

PLEASE ADVISE IF NOT RECEIVED WITHIN 1 BUSINESS DAY.

Thank you, Becky Stephens


Return Receipt

 Your
 document:

 was received Liane Kucher/ST/FIS
 by:

 at:          03:19:39 PM Today


What do you think of this:

As mentioned during the fourth quarter, Gary and I would like to begin
regular meetings of our Trader's Roundtable.  The ideas generated from this
group should be longer term trading opportunities for Enron covering most of
the markets we manage.  In addition, this forum will provide for cross
commodity education, insight into many areas of Enron's businesses, and
promote aggressive ideas.

Each week, we'll summarize commodity trading activity, and provide an open
forum for discussion.  Your input is valuable, and we've limited this group
to our most experienced traders, and would appreciate regular participation.
Our first meeting will be Tuesday, January 9 at 4:00pm in room 3321.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/22/2000
04:47 PM ---------------------------

"Laura Ide" <lide@riskwaters.com> on 12/22/2000 11:54:31 AM
To: <vkamins@enron.com>
cc:
Subject: Energy & Power Risk Management 2001

Dear Vince,

I would like to confirm the invitation for you to participate at our annual
congress in Houston. Following our conversation, I would be most interested
in  including a presentation on 'Modeling price volatility in US power
markets'  in the pricing, hedging & trading stream on the 14th May,  2001.

I am keen to confirm each speaker and session by the end of next week, which
will then allow time to work with each presenter on titles and points that
will  provide an accurate summary for the session.

If you have any overall views or suggestions regarding the conference feel
free to email me at pbristow@riskwaters.com or call me on  212 925 6990,
extn. 225. I look forward to confirming your participation at  Energy & Power
Risk Management 2001. IMPORTANT: Due to system problems I am  using another
system. Please do not reply to this email. Please reply to the  address given
above.

Yours sincerely,

Paul Bristow

Manager of Conferences, USA

Risk Waters Group
 - spktemp2.doc


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/11/2001
01:18 PM ---------------------------

	Enron Capital & Trade Resources Corp. - Europe

	From:  Kirstee Hewitt                           03/28/2001 12:41 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc: Viacheslav Danilov/LON/ECT@ECT, Tanya Tamarchenko/HOU/ECT@ECT
Subject: VaR doc - London

Hi Vince,
As we discussed last week here is the VaR doc that I had originally started
at Xmas and has since been expanded with Stig's and Tanya's help.

We  would be very grateful for your comments.
Cheers
Kirstee


on fuel cells - please set it up and ask Duran

Louise Kitchen
Chief Operating Officer
Enron Americas
Tel:  713 853 3488
Fax: 713 646 2308


-----Original Message-----
From: thalisa green [mailto:thalisag@hotmail.com]
Sent: Thursday, April 26, 2001 8:25 AM
To: Yd9696@aol.com; WilliamsJ@iconus.com; MWIIL5223@aol.com;
klove1@home.com; SXYSLM99@aol.com
Subject:

Check this site out.  It's pretty funny.

http://rita.thegourmet.com/computers.html

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

"WorldSecure <iconus.com>" made the following
 annotations on 04/26/01 10:18:10
------------------------------------------------------------------------------
This e-mail transmission may contain confidential or legally privileged information that is intended only for the individual or entity named in the e-mail address. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or reliance upon the contents of this e-mail is strictly prohibited. If you have received this e-mail transmission in error, please reply to the sender, so that ICON Clinical Research can arrange for proper delivery, and then please delete the message.  Thank You.

==============================================================================


Member Services
Notice No. 00-72
December 4, 2000

COMMODITY EXCHANGE, INC.

TERMINATION OF TRADING PRIVILEGES

Please be advised that the Exchange has been notified by Spear, Leeds, &
Kellogg that effective immediately, December 1, 2000, they will no longer
guarantee the membership(s) of Lawrence Bilello, Jr. (XXL-6292).

Therefore, in accordance with the Exchange Rule 4.12, the trading privileges
of the aforementioned individual(s) are hereby suspended until such time as a
new primary clearing member guarantee is provided.

In connection therewith, notification of any claims against the
aforementioned individuals arising out of transactions executed on the
Exchange up to the close of business on October 20, 2000, must be submitted
to the Corporate Secretary,s Office within ten (10) days.

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(MS-72)"

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


I am interested. Would that be framed? I'll talk it over with my wife.

Donna Rose <drose@earthlink.net> on 02/06/2001 10:46:53 PM
To: Rob.G.Gay@enron.com
cc:

Subject: Re: Zjawinska

Sorry...I cannot do a trade...but I can probably provide a Startled for you
at about $1800.

Best

DonnaAt 11:08 AM 2/2/01 -0600, you wrote:
>I noticed on your web site that you have a number of Joana Zjawinska's for
>sale including "Love, Life  & Money Suite 2"  (which we currently own) and
>"Startled".
>
>I was wondering if you would consider a trade where we would provide "Love
>Life & Money" (framed) and we would receive "Startled"?


Dear Medicine Bow Shipper:

This morning we received FERC approval for the fourth tie-in segment (to
gate #7) contracted  for  92 Mdth/day.  This brings the firm capacity of the
Medicine Bow system to 472 Mdth/day.  The contract effective date will be
October 19, but you will be able to utilize this capacity as soon as we have
it set up in the system today.

Please call me if you have any questions.

Laine Lobban
719-520-4344
719-331-3379 (cell)

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


here they are.  gracias


Tam Pham, ma'am.  Thanks for the clue!


Attached please find a draft non-disclosure agreement related to Enron Net
Works' and Sun's exchange of information in connection with a possible
transaction regarding EnronOnline.  Please feel free to contact me with any
comments or questions you may have regading the attached.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3882A
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3393/3490

	"John F. Fowler" <John.Fowler@sun.com>
	05/31/2001 05:20 PM
	Please respond to "John F. Fowler"

		 To: Tana.Jones@enron.com, john.fowler@sun.com, Rex.Shelby@enron.com
		 cc: Mark.S.Palmer@enron.com, Mark.Greenberg@enron.com,
Travis.McCullough@enron.com
		 Subject: RE: NDA - Sun Microsystems, Inc.

Rex, I don't find any mail from Tana Jones.  Please resend, and
also include the names of counsel on Sun's side that you worked with
to do this.


Oh, Terrie, Ken won't be in town.  Otherwise, I'm sure he'd love to.

TERRIE JAMES@ENRON COMMUNICATIONS
04/16/2001 10:26 AM
To: Kenneth Lay/Corp/Enron@ENRON, Jeff Skilling/Corp/Enron@ENRON
cc: Rosalee Fleming/Corp/Enron@ENRON, Tori L Wells/HOU/ECT@ECT, Sherri
Sera/Corp/Enron@ENRON, Joannie Williamson/Corp/Enron@ENRON, Ken Rice/Enron
Communications@Enron Communications, Kevin Hannon/Enron Communications@Enron
Communications, Dorothy Dalton/Enron Communications@Enron Communications,
Carol Ann Brown/Enron Communications@Enron Communications
Subject: EBS Employee Event

EBS is planning an employee event to celebrate making our first quarter
numbers.  We'd love to have you join us.

PLACE:  Jillian's (I-10 at Silber)
DATE:  Tuesday, April 24
TIME:  3 pm - 6 pm

Terrie James
Sr. Director, Corporate Communication
Enron Broadband Services
713-853-7727 (phone)
713-646-8887 (fax)
terrie_james@enron.net


Dan,  The only other thing I can think of is taking a security interest in
the assets we are financing, if we are concerned about these guys being a
credit risk.  We did this with the MTG deal.  I have a form of mortgage
agreement which works with this type of deal.  I would guess credit needs to
make that call.  Let me know if you want the form.

	Enron North America Corp.

	From:  Dan J Hyvl                           12/15/99 04:26 PM

To: Dan J Bump/DEN/ECT@Enron
cc: Gerald Nemec/HOU/ECT@ECT
Subject: Quantum Gathering Agreement

Dan,
 Please check the revised agreement to see that I have included all that is
necessary.  Since Quantum is doing the work for themselves, I did not include
the Construction Agreement.  Please call if you have any questions.  I will
forward to Gerald to see if he thinks I need to include any other items.


Here it is.  Thanks a million for your help.


His last day is tomorrow, not Wednesday.

"Neil Mann" <nmann@erac.com> on 11/20/2000 04:36:33 PM
Please respond to <nmann@erac.com>
To: <Kay.Mann@enron.com>
cc:

Subject: RE: Did you see this one from Enron board?

I am picking up Michael. I hope she can make it too. I thought she was
coming home on Tuesday not Wednesday? His last day is Wednesday, right?
Let's eat out of the frig. Love, NM

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Monday, November 20, 2000 4:01 PM
To: nmann@erac.com
Subject: RE: Did you see this one from Enron board?

Allow yourself a day to pack!  I've had to stop and start, but I just now
finished, and I've only been in the office for a couple of months.

Michael says when Paige gets home he's going to grab her leg and hold on to
her.  She thought it was so cute.  He wants her to visit at the school, but
she hasn't told me whether she can make it.  I suspect getting here by 230
or so would be very difficult.

I've hot.  This packing is hard work!

I had lunch with Carlos - and ate too much.  I need to get focused on my
diet again.  At least I'm walking a lot.

You are picking Michael up, today (only), right?

Love,

Kay

"Neil Mann" <nmann@erac.com> on 11/20/2000 04:08:48 PM

Please respond to <nmann@erac.com>

To:   <Kay.Mann@enron.com>
cc:

Subject:  RE: Did you see this one from Enron board?

Sounds good but I thought you wanted a pickup? Ask where it's located and
if
we can have it checked out if your interested. He doesn't say but I'm
guessing it's an automatic.

I did the walk through with John and Maria this morning. Our folks are
going
to be very please with the new office. NM

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Monday, November 20, 2000 3:03 PM
To: nmann@erac.com
Subject: Did you see this one from Enron board?

86 Jeep Cherokee Laredo 4X4, four door with rear lift gate, clean tan cloth
interior, buckets, tilt wheel, good dark blue paint, body has one minor
ding, fairly new M/S tires on aluminum wheels, 2.8L V-6, engine clean,
mechanically maintained. Looks good, runs OK, solid build.

Wife's car since new, she got a new one, I got a toy, driveway overloaded
so this one has to go (I wanted to keep it and let my 16 yr old son drive
it but.... management has determined that 4 vehicles is too many).  His
loss, your gain!

$2600/bo


'98 San Diego system averages:
9.4 cents     Total rate
6.1 cents      Power Supply portion, of which 1/4 was purchased power @ 3.0
cents and 3/4 was generation @9.1 cents.

Steven J Kean@ENRON
09/01/2000 08:27 AM

Sent by:  Steven J Kean@ENRON

To:   Susan J Mara/SFO/EES@EES, Jeff Dasovich/SFO/EES@EES, Sandra
      McCubbin/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES
cc:   Gavin Dillingham/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Harry
      Kingerski/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, James D
      Steffes/HOU/EES@EES
Subject:  California Lawmakers Vote to Limit Power Costs - WSJ

Look at this.  Baum finally speaks up  -- way too late.
Can somebody tell me what SDG&E's energy rate was pre-dereg?
---------------------- Forwarded by Steven J Kean/NA/Enron on 09/01/2000
08:24 AM ---------------------------

 (Embedded
 image moved
 to file:      From:  Ann M Schmidt
 pic19169.pcx) 09/01/2000 07:57 AM

To:   Karen Denne/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, Steven J
      Kean/NA/Enron@Enron, Meredith Philipp/Corp/Enron@ENRON
cc:

Subject:  California Lawmakers Vote to Limit Power Costs - WSJ

F.Y.I.

  California Lawmakers Vote to Limit Power Costs
  By Rebecca Smith

  09/01/2000
  The Wall Street Journal
  Page A4
  (Copyright (c) 2000, Dow Jones & Company, Inc.)

  California lawmakers voted to extend modest relief to San Diego residents
burdened with
  high electricity bills and set the groundwork for faster construction of
badly needed power
  plants. They stopped short, however, of passing legislation that would
roll back retail power
  rates to levels seen prior to deregulation .

  Late Wednesday, lawmakers sent a bill to Gov. Gray Davis that limits to
6.5 cents per
  kilowatt hour the amount that small customers of San Diego Gas & Electric
Co. can be
  charged. The utility is allowed to add power-delivery and other
reasonable costs to that
  commodity price.

  The price, equivalent to a bulk power cost of $65 per megawatt hour, is
far higher than the
  average price of power for 27 of the 31 months in which California's
market has been
  deregulated. But in June and July, the average price of power obtained by
the utility from a
  state-sanctioned energy auction rose to 12 cents and 10.5 cents,
respectively, compared
  with the 2.3 cents and 2.8 cents charged in those months a year earlier.

  Passed directly through to customers,the resulting bills sparked a near
mutiny. The
  rate-cap measure applies to residential and small commercial customers,
as well as to
  schools and hospitals.

  In addition to the rate cap, which can be adjusted upward or downward by
the California
  Public Utilities Commission until December 2002, the legislature
earmarked $150 million of
  general-fund revenue, which can be used to subsidize San Diego power
costs if they greatly
  exceed the 6.5-cents-per-kilowatt-hour rate. For now, the utility would
be expected to make
  up any difference between revenue collected and the actual cost.

  Steve Baum, chairman of Sempra Energy, parent of San Diego Gas & Electric
Co., said the
  rate-cap measure is "deeply flawed" because it limits the amount prices
can rise but sets
  no floor. That means any shortfall could grow -- without a mechanism for
customers to pay
  it down -- until the end of the rate-cap period, which could last until
December 2002 or
  December 2003.

  Mr. Baum said Sempra stands to suffer an undercollection of perhaps $664
million, provided
  future prices approximate the New York Mercantile Exchange forward prices
through
  December 2002. "It's irreparably damaging to Sempra," he said because it
"creates
  tremendous uncertainty" that makes it hard for the San Diego energy
company to finance
  new projects such as a new transmission line.

  The legislature also appeared likely to approve a bill speeding up the
permit process for the
  construction of new power plants, in part by beefing up staffs of
regulatory agencies that
  review the plans.

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

 - pic19169.pcx


The Community Relations department would like to thank employees for their
tireless assistance last week in the wake of Tropical Storm Allison and let
you know that there are many more opportunities to help Houstonians.

To continue to volunteer in the community, call Jennifer Milligan ext. 35272
or go to home.enron.com/flood <http://home.enron.com/flood> for more
information.

We also wanted to give you an update on all of the efforts made last week to
the community and our employees.

DONATIONS FOR THE COMMUNITY
Donations to organizations in the community assisting flood victims will be
accepted in  EB1635a. These donations will not count toward employee matching
gift limit.

? Enron was a pacesetter company for the community with its corporate
contribution of $500,000 to the American Red Cross.

? Employees contributed $27,390 to the Houston Flood Relief drive, bringing
the total donation to $54,780 with the Enron match.

CONTRIBUTIONS FOR OUR ENRON FAMILY
Donations to the employee relief fund, benefiting those Enron employees
affected by the flood, will be accepted at the Enron Federal Credit Union.

Also, donations for the Chad Garren Memorial Scholarship Fund will continue
to be accepted EB1635a. These donations will not count toward employee
matching gift limit.

? More than 200 employees who were devastated by the flooding received
financial assistance from Enron. More will receive funding this week.

? The Chad Garren Memorial Scholarship Fund received $6,855 from employees.
To date, the scholarship fund has raised $13,710 with the Enron match.

? GSS, TAP and CR joined efforts to provide rental car assistance for those
employees who lost cars. A shuttle brought employees to IAH to pick-up
priority rental cars.

ASSISTANCE FOR OUR COMMUNITY
We are still collecting clothing and cleaning supplies in the InfoZone every
day this week.

? Due to the devastation of Jones Hall, Enron has provided temporary office
space in 3AC for the Society for Performing Arts and Houston Symphony.

? Employees donated and packed 1000 lunches for 3rd Ward area victims.

? 11 employees assisted in the Beal House apartment clean-up.

? 15 employees cleaned up Family Time, a shelter for battered women.

? 40 employees cleaned out homes off of I-45.

? Hundreds of employees donated clothing and food at the InfoZone for
distribution by the Salvation Army and Neighborhood Centers Inc.

Remember, if you know of any employee in need of assistance please call ext.
37181.

We will continue to communicate with you.


Suggest Group Goals for 2001

To  improve lines of communication and response time to our clients, monthly
meetings with members of the credit group, traders, confirm and contract
administration.

Cross-training between members of the group.

Occasional speakers at meetings from  academia and industry.

Suggested speaker:    Dr. Michael Economides from the University of Houston,
Energy and Engineering Department.  Author of   The Color of Oil.

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


Chris:

Regarding Tanya's comment No. 3 below, is there a problem referencing the
assignment to Brazos if the VPP is consummated?  Please let me know.  Thanks.

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
----- Forwarded by Sara Shackleton/HOU/ECT on 05/29/2001 08:40 AM -----

	Tanya Rohauer/ENRON@enronXgate
	05/29/2001 08:05 AM

		 To: Diane Anderson/NA/Enron@Enron
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: RE: KCS - VC0917 & VC09

Comments:

1. We should not have a threshold for these transactions - only KCS
2. Do we need to reference that the Master has been amended in the opening
paragraph
3. Is there any way to reference the assignment to Brazos?  I just want to
make sure everyone understands that there are two outcomes for these deals on
Jun 15:  1) Termination if VPP not done or 2) assignment of swap to Brazos if
VPP is done.  There should never be a time where ENA has a trades with KCS
beyond Jun 15.

Thanks,
Tanya

 -----Original Message-----
From:  Anderson, Diane
Sent: Friday, May 25, 2001 4:08 PM
To: Rohauer, Tanya; Bailey, Derek
Subject: KCS - VC0917 & VC09

Attached please see for your review the KCS confirms with the additional
provision provided by Sara Shackelton:

 << File: KCS-VC0917.1.doc >>  << File: KCS-VC0975.1.doc >>

-Diane


At the Board meeting on Tuesday a copy of a CPUC regulatory summary was
circulated to those in attendance.? Here is a revised copy for anyone who
was on the phone, or who missed the meeting entirely.
?
Dan
 - 11-14-00 Regulatory Summary.doc


I would like to meet today, preferably this morning to discuss the attached form and the status of the various gas books.  If you have any questions, please ask.

Melissa, please set a meeting up as soon as possible today.

Regards,
Ed

 -----Original Message-----
From: 	Miller, Don (Asset Mktg)
Sent:	Monday, February 04, 2002 6:17 PM
To:	McMichael Jr., Ed
Subject:	FW: new form A

This is gas.  Are you okay with it?  Please review in the A.M.

 -----Original Message-----
From: 	Hlopak, Ed
Sent:	Monday, February 04, 2002 2:49 PM
To:	Miller, Don (Asset Mktg)
Subject:	FW: new form A

For your approver.

Ed Hlopak
Sr. Project Manager
Enron Wholesale Services Estate Management
713-345-9363 (office)
713-417-4412 (cell)

 -----Original Message-----
From: 	Wilson, Shona
Sent:	Monday, February 04, 2002 8:54 AM
To:	Thapar, Raj
Cc:	Hlopak, Ed
Subject:	FW: new form A

Do we want to go over this with Fallon again or just send it to E&Y?  This is the first one I have received since requesting that interco be pulled out.

Regards

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Friday, February 01, 2002 3:02 PM
To:	Wilson, Shona
Subject:	new form A

Shona,

Here is our updated form A without intercompany deals.  Included on the last two tabs are the details they asked for from gas.

We are still working on the contracts and confirms.

Thanks

KK


In my summer update about the acquisition of MG Plc and the integration of
the metals business into Enron, I reported that we were aiming to complete
the integration by the end of the year. I am pleased to report that we are
well on the way to meeting this target.

September was a busy month for the metals business as it brought with it both
the co-location of the London and Tokyo-based metals staff with Enron,s
offices and the first quarter of combined reporting under Enron Europe.
Ensuring a smooth transition for both the metals staff and the metals systems
into our London headquarters took a tremendous amount of co-ordination by
teams across the company on the part of the former MG team and the
integration team at Enron Europe.  Nevertheless, &D-Day8 arrived with minimal
problems and the metals team open for business as usual on the morning of
September 18th.

Another key initiative that commenced during September was the re-positioning
of the MG worldwide metals business as Enron Metals. With the exception of
the Henry Bath & Son Limited warehousing division, which will remain as
currently named, the re-branding initiative was kicked off in the UK and
followed by Japan and the US.  The re-branding initiative is on going with
all other remaining regions set to undergo completion of the name change by
the end of November.

Enron Metals is represented throughout the world.  I have attached a regional
office summary that depicts Enron Metals, locations (Appendix I).

In light of the progress that has been made since the summer, I thought it
would be helpful to provide you with a brief recap of Enron Metals, core
business areas and identify those members of the metals team who will be
leading commercial efforts moving forward.

Merchanting Division

The Merchanting Division, led by Michael Farmer (+44 (0)20 7783 2049), is a
worldwide copper merchant, one of the top three independent merchants of
copper concentrates and nickel and the leading European merchant of recycled
non-ferrous metals.  Core activities of the merchanting division are:

? Merchanting of Non-ferrous Metals ) Enron Metals trades as a principal with
producers and consumers, buying and selling non-ferrous metals and
concentrates (particularly copper, aluminum and nickel), exchanging qualities
and locations and lending and borrowing metals.
? Global Stockholding ) Through its affiliate, Henry Bath & Son Limited,
Enron Metals holds stocks of non-ferrous metals at warehouses around the
world.
? Merchanting of Recycled Metal ) Enron Metals trades as a principal with
suppliers and consumers of non-ferrous metal for recycling.  Enron has
augmented its European recycling platform through the acquisition of assets
of W&O Bergmann, the leading German Recycling Business.

Financial Services Division

The Financial Services Division, led by Michael Hutchinson (+44 (0)20 7783
2079), provides market-making and trading services to Enron Metal,s physical
metals trading business through futures trading as a member of the London
Metal Exchange and as a member of COMEX in New York.  The Financial Services
Division will continue to be comprised of brokerage activities for LME and
COMEX contracts and be a market-maker for both futures and options contracts
on the LME and COMEX and in OTC metals contracts.

With much of the metals business moving to online trading, significant effort
has been put into getting metals contracts incorporated into EnronOnline,s
portfolio of product offerings since the metals business, integration into
Enron this summer.  Today on EnronOnline we are trading six metals (Copper,
Aluminium, Nickel, Zinc, Lead and Tin) with over 150 products available.

Enron Metals now has almost 800 financial counterparties on the books, with
300 of these having EnronOnline accounts.  Trading volumes have increased
from a couple of trades per day in September to a high of 300 in October. The
attached charts depict the established metals results compared to the start
up of US natgas (Appendix II).

Origination

Enron Metals established a London-based commercial unit under the direction
of Eric Gadd, Vice President-Global Metals Origination which is focused on
completing highly structured and long-dated transactions.  It will integrate
with existing merchanting and financial service competencies to lever up
earnings creation.  Currently, the origination team is working on a number of
Q4 transactions in Australia and the Americas.  The deal pipeline for Q2 has
prospects in not only these regions but also Europe/Africa and the Middle/Far
East.   Close and regular communication between the metal origination team
and other business units inside Enron is essential if we are to succeed in
building a new capability to achieve earnings targets and deliver shareholder
value through Enron Metals.  Your active involvement and close co-operation
here is appreciated.

Warehousing (Henry Bath & Son Limited)

The Warehousing operations, led by Ed Dablin, operate under the name of Henry
Bath & Son Limited.  Henry Bath has been in business for more than 200 years
and maintains a global operation for the physical handling and storage of
non-ferrous metals, including zinc, tin, copper, nickel, lead and aluminum.
Henry Bath provides support to both the Merchanting and Financial Services
Divisions, and also engages in independent warehousing operations.  Its core
activities include worldwide storage of metals and other products such as
cocoa, general goods and worldwide shipping services.

Presently, Henry Bath maintains over three million square feet of storage
worldwide (most of which is leased), with the largest facilities located in
the United Kingdom (Liverpool, London, Bristol, Immingham), the Netherlands
(Rotterdam), Spain (Bilbao, Barcelona), Singapore, and the United States (New
Haven, New Orleans and Los Angeles).

Rob Soeldner is managing the integration efforts for me.   Please feel free
to contact him at +44 (0)20 7783 7169 with any questions regarding the
business.

Regards
John Sherriff


Couple thoughts.  Understanding that we're really trying to get this thing done and that there's a million different ornaments one could hang on the tree (and bring the thing toppling down), I'll just throw this out for consideration.

Seems that as a first-order issue, the judge is either going to approve the settlement or cede to arguments the PUC could make regarding its exclusive ratemaking authority--that is what it is.
Assuming that the judge sides in our favor, there remains the chance that the PUC could take the Edison view and charge DA customers for the undercollection, thereby taking back what we achieved in the settlement based on the way our deals are structured with our customers.
It would help alot if PG&E took the position at the PUC that (for a variety of reasons) the PUC should NOT tack on DA customers' bills any charges designed to pay down the utilities' undercollection.
In a proceeding where Edison and PG&E are on different sides, our chances of prevailing are of course much better.
But it likely won't do much good if we have any such deal written explicitly in the settlement document (i.e., PG&E agrees to take our side at the PUC).
But if there's any way to do some sort of side deal, outside of the settlement agreement, and if PG&E were amenable, there might be some real value.

Again, I know we want to get this thing wrapped up, but thought I'd toss it out there.  We can take it or leave it.

Best,
Jeff


kay please schedule

regards
delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 07/05/2000
07:48 PM ---------------------------

	Enron North America Corp.

	From:  Ken Lay, Jeff Skilling & Joe Sutton @ ENRON
07/05/2000 02:01 PM

Sent by: Office of the Chairman@ENRON
To: Executive Committee
cc: Executive Committee Assistants
Subject: United Way Alexis de Toqueville Breakfast

Please join us for the Alexis de Toqueville Breakfast at DePelchin Children,s
Center, our adopted agency for this year and one of the more than 80
community organizations supported by the United Way of the Texas Gulf Coast.
The Alexis de Toqueville Breakfast will focus on our 2000 campaign.  To reach
our goal of  $2,310,000, it will take the active leadership and support of
all the Alexis de Toqueville members. We look forward to seeing all of you at
the breakfast.

Event:  Alexis de Toqueville Breakfast
Date:  Monday, July 24, 2000
Time:  7:45-9:00 a.m.
Location: DePelchin Children,s Center
  100 Sandman (close to Memorial and Shepherd intersection)

Transportation: Bus will depart from the Enron Building (Andrews Street side)
promptly at 7:30 a.m.

NOTE: Bus transportation is encouraged, due to limited onsite parking.
However, if you should need to drive, a map will be provided.

Please R.S.V.P. no later than Friday, July 14 to confirm your attendance and
bus transportation to Kathy Mayfield
at 853-3264.


per Blanca Carrizales


pretty funny stuff.  I think this makes your case stronger to have the rev.
Al as your screen saver.  He is definitely a higher quality individual.
PL


IVOLUNTEERI
The Bring Your Child To Work Day is shaping up to be a huge success.  Some
very special kids for KIPP would like to be a part of this day,  too.  Please
volunteer four hours of your time to show these kids a new world - Enron.
Click here for all the details http://home.enron.com/cr/ .

IHAPPENINGSI
Have you signed your child up for Bring Your Child to work day?  Well, it's
not too late.  Click here for registration information and take a look at the
agenda of scheduled events http://home.enron.com/cr/.

Enron Investment Partners and the Minority & Women Development Vendor
showcase.  EIP and the WMBD group have invited six companies to demonstrate
their products and services to the Enron community.  June 1st in the Enron
Lobby from 11:00 a.m. -1:30 p.m.

ISAVE THE DATEI
June 9-10 - Volunteer at HOOP IT UP benefitting ESCAPE Family Resource
Center.  Details coming next week!
June 20 & 21- Prostate and Testicular Cancer Screening.  Call the Health
Center at 713-853-6100 to schedule an appointment.


I am getting ready to send Michelle Blaine a question regarding some proposed
gifts that Mat Gimble and crew want to give the "new" Seminole Indian Chief.
Would you rather the question be sent by you?  If so, let me know and I will
explain, otherwise I will just copy you on the e-mail.

K-

Kathleen Carnahan
Enron North  America Corp.
1400 Smith Street, EB 3146d
Houston, TX 77002
Phone - (713) 345-3386
Fax - (713) 646-3037


<<enron4.doc>>

Here's the strategy memo I promised to send.  Sorry for the delay---ten
20-hour days in Philly with the campaign took place in the interim.  Let's
discuss the attached when you get the chance.

 - enron4.doc


The 4th of july is wednesday and that's the day I have off from work.

So, lets plan on going domeward for then.? And perhaps you could download the
eight-page directions on the nicest, most view-worthy, fastest way to get
there....

I tried to read some of Gary's burrito....? couldn't do it.? But, better
reading than what I usually see here or in the Chronicle.

Do good work for the people, we're counting on you......


I forgot to email myself the brief to track changes, but here are my changes
in writing:

p. 1:  Para starting "focusing on the latter," that sentence, change "get
creative" to be innavotaive in its approach."

p. 2:  1st full Paragraph, Second sentence, change "uniting" to "common" and
there is a typo on line5, reduction n consumption.   Should be "of"

page 6:  We need the RR for PG&E.

Under Part VII, Rate Design, can we insert a sentence that our proposal,
unlike the others, does not arbitrarily allocate costs to peak period.  We
told Scott we wuold insert the arbitrariness of other proposals several times
in the brief.

We also need ro insert discussion about relation of peak to offpeak prices,
as a 3:2 ratio, which is not what other parties have proposed.

page 8:  2.  Derivation of Threshold Usage:, first sentence, delete "between"
in first sentence.

page 9:  Second full paragraph, begining "Again, the UDS's, "  Second
sentence, sited should be "cited"

p. 12:  First full paragraph beginning "A primary component,"  Insert a
sentence after the second sentence to mention, again, the arbitrariness of
proposals allocatin costs between peak and offpeak.

 Second full parag, beginning, "Enron's proposal, can stick a sentence about
arbitrariness in there too.  And change "more necessary goal" in 4th sentence
to "more critical goal"

I don't have the email I sent out about what we agreed to insert with Scott,
so if you have a chance, check it to make sure we did everything we agreed to.

I am going to try to come into the office very early tomorrow and will check
email again, but my son has an appointment with the neurologist here in
Houston at 9:20 am tomorrow, and that is where I will be when you have the
9:30 call (we made this appointment months ago).  But I will communicate with
Harry and everyone else before then.  Thanks.


Thats exactly what you need is HELP!!!


Start Date: 4/7/01; HourAhead hour: 24;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040724.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 24 / Preferred:  20.00 / Final:  19.97)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/7/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_SCOUT
  ENGY_TYPE: FIRM


The suc set has been rasied back up to 687 which is about as low as we can go on this unit.  We were real close to tripping the unit on low suc press.  The reason is that the reading we are getting for the suc. pressure is in the YARD  and the trip alarm for the unit is set off the press on the UNIT itself , so the press at the UNIT  is lower than the reading in the YARD.   If you have any questions refer them to CHRIS GASTON  San Juan Team.


---------------------- Forwarded by Paul Drexelius/CES/ColumbiaGas on 12/27/99
08:07 AM ---------------------------

Marianne Stiles
12/22/99 03:58 PM

To: Karen Bobb/CES/ColumbiaGas@ColumbiaGas, Phil
Villagomez/CES/ColumbiaGas@ColumbiaGas
cc: Paul Drexelius/CES/ColumbiaGas@ColumbiaGas, Noel
Bartlo/CES/ColumbiaGas@ColumbiaGas, Melissa
Flewellyn/CES/ColumbiaGas@ColumbiaGas, Brian
Perrone/CES/ColumbiaGas@ColumbiaGas, Frank Kronz/CES/ColumbiaGas@ColumbiaGas
Subject: January 2000 Tn Zn 6 volumes

Here are the approximate January daily volumes for each of the gates.   Please
do not forget that January 1 and January 2 will be lower because of the
weekend/holiday.    I know you wanted an exact volume for 1/1 but I will not
have that for all Tennessee Zn 6 markets until Monday, 12/27.  We will need a
range from 2800 dth to 3600 dth per day.   This large swing is normal for
these
types of markets due to weekends, weather, and customer situations.

 - tn012000.xls


Sorry I missed you guys for lunch yesterday.  I didn't get your email until
yesterday afternoon.  I've been in class for two days...Derivatives I.  It's
really hard to sit still and think about swaps and options when I'd rather
think about Sydney!  But I guess it's better than being at my desk all day.
The days are pretty slow.  It doesn't really get busy here until 3:30 or so.

Bye,
Robin

PS If I forget my bras, I'm just not going to bother!!


Happy Wednesday....

I have three solid candidates who are completing assignments and are
immediately available to start on Monday.? I would be remiss if I did not
share their backgrounds with you in the hope that they will also be an asset
to your team.?

Haywood Miller is a senior accounting assistant wrapping up an assignment at
Dynegy this Friday and is available on Monday.? Haywood has a comprehensive
accounting background? which includes both A/P, A/R and over twenty-five
years of successful accounting experience.? He enjoys challenging projects
where he can utilize his extensive experience and solid software skills
(Access, AS/400, Excel).

Michaele Harmon is a entry level accountant with a bachelors in finance.? Her
experience includes responsibilities for both Accounts Payable, Accounts
Receivable, assisting with month-end closings, and general ledger account
reconciliation.? She also has solid excel skills and a very strong work
ethic.? She too is available to begin a new assignment on Monday.

W. Huckabee is a senior accountant who recently registered with us.? He has a
been a controller/cash manager at a small company where his responsibilities
have included settlement accounting, financial reporting for investor
compliance, cash management for daily position and budgeting.? In addition to
his bachelor's, he also has his master's in accounting.? Furthermore, he has
solid software skills and is immediately available for a challenging
opportunity.

?
Because our candidates are in high demand, please respond quickly as they
will not be available more than 24 hours.? Plus, I plan for each of them to
begin a new project on Monday. Thank you so much and I look forward to your
prompt reply.?

Akwete D. Hines
Accountemps - Houston Downtown
Staffing Manager
Phone: 713-658-1772
Fax: 713-658-1771
akwete.hines@accountemps.com

Persistence is what makes the impossible possible, the possible likely, and
the likely definite. - Robert Half
Fortune Magazine lists Robert Half International as "Most Admired Company."?
See article at: http://www.fortune.com/fortune/mostadmired/ind88.html


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---------------------- Forwarded by Errol McLaughlin/Corp/Enron on 08/10/2000
04:31 PM ---------------------------

	Enron North America Corp.

	From:  Kelly Lombardi                           08/10/2000 04:17 PM

To: Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: RE: Gas Daily Price Notice

Errol,
These are the pubs that I changed August 8th pricing, according to Gas Daily
Price Notice:

GD-TRCOZ6/NY $4.975 changed to $4.965
GDP-PG&E/LG-PKG $4.215 changed to $4.285

If you have any questions, please call me x5-8491.
Thanks-
Kelly


I've now read the email below and think its a fine piece of work--direct, yet polite. Go for it.  DF

 -----Original Message-----
From: 	Hayslett, Rod
Sent:	Wednesday, November 14, 2001 7:35 AM
To:	Fossum, Drew
Cc:	Howard, Kevin A.; Mintz, Jordan; Boyle, Dan
Subject:	Notes from Enron
Importance:	High

I need to send this to Jeff and Ray and get it back agreed to before we can actually fund otherwise I am not comfortable with the agreement and the reps we are making.

The following representations (among others) have been made to various parties relative to both the credit agreement (with the banks) and the Preferred Stock Agreeement (Dynegy) to the Boards of Transwestern (TW), Northern (NNG) and Enron Transportation Services (ETSC) and it subsidiaries, as well as to Dynegy and the banks:

The funds that are being loaned out of NNG and TW to various entities and the further loans of these funds to Enron will carry Enron Corp guaranties.
The note agreements will reimburse NNG, TW and ETSC and their subsidiaries for their actual expenses associated with these endeavors.
The credit agreements actually require a large degree of separateness and an arm's length standard needs to be applied to dealings between ETSC and its subsidiaries and Enron and the rest of it's subsidiaries.

Before the funding under the credit agreement takes place I would like to make sure that you two are aware of this, have agreed to and understand the conditions and further agree that you will assist me in cleaning up whatever documentation needs to be cleaned up between Enron and ETSC and it's subs to make the above representations not be false.

Rod Hayslett
Managing Director, Chief Financial Officer and Treasurer
Enron Transportation Services Company
EB4054
1400 Smith Street
Houston, TX  77002-7361
713-853-6178
rod.hayslett@enron.com


The report named: NG - Price P/L <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=10&report_name=NG+-+Price+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=11/26/2001>, published as of 11/26/2001 is now available for viewing on the website.


In a discussion with Steve Kirk, prior to changing the priorities, it was agreed that SBA shippers should have priority over Interruptible and Alternate shippers only.  Firm shippers would continue to have priority over SBA shippers.  Since Gerry's group implemented the changes, we have not been in a situation where a SBA was called to come in (or go out) at an allocated point.  Gerry's system requirements as to how the system would operate under these conditions would be the support you need to verify that Firm shippers have priority over SBAs.

Gerry, would you forward Michelle a copy of the System Requirement?   Thanks.

Reyna Cabrera
X33072

 -----Original Message-----
From: 	Bodnar, Michael
Sent:	Wednesday, November 21, 2001 6:28 AM
To:	Medeles, Gerry; Winckowski, Michele; Blair, Lynn
Cc:	Cabrera, Reyna
Subject:	RE: SBA Contracts

Michele,
I'm not sure the information is readily available, if available at all. TMS data is only maintained, without extraordinary measures, for 6 months. It is my recollection that there may have been an allocation at a point where SBA gas was scheduled and when that occurred the standard allocation procedures were enforced. I think once we asked the shipper  to move the SBA activity to another point, but that was pre GISB. Unfortunately, because of the how the SBA's work, the pack, draft and peak points are negotiated in advance which limits the points to use. Also, the 28-30 hr lead time required for notification means that we have to anticipate what system conditions will become and therein use SBAs to improve system conditions. Sometimes we miss the mark, either cold weather does not materialize or moves in late or shipper activity increases and in hindsight, an SBA was not necessary.

Reyna may have some additional insight in more recent SBA activities.

 -----Original Message-----
From: 	Medeles, Gerry
Sent:	Wednesday, November 14, 2001 2:31 PM
To:	Winckowski, Michele; Bodnar, Michael; Blair, Lynn
Cc:	Cabrera, Reyna
Subject:	RE: SBA Contracts

I am not sure I understand the question.  Do you mean at anytime we call on SBA volumes, we never/should not allocate the location?

 -----Original Message-----
From: 	Winckowski, Michele
Sent:	Wednesday, November 14, 2001 1:32 PM
To:	Bodnar, Michael; Blair, Lynn
Cc:	Cabrera, Reyna; Medeles, Gerry
Subject:	RE: SBA Contracts

	I guess the question is - have we ever actually reviewed when we call on the SBA volumes and what the system conditions have been during those periods.  We want to verify that we are not allocating a point when we have SBA gas flowing.  Theatrically, we argue that we would not call on SBAs if the gas was not needed to meet system requirements.  We' want to verify that the theory and the actual match up.  I hope this makes sense.  Thanks MW

 -----Original Message-----
From: 	Bodnar, Michael
Sent:	Wednesday, November 14, 2001 1:15 PM
To:	Winckowski, Michele; Blair, Lynn
Cc:	Cabrera, Reyna; Medeles, Gerry
Subject:	RE: SBA Contracts

Yes, you are correct. The changes in the business requirements for the scheduling priority of SBA contracts will not impact NNG's primary firm shippers. What do you need to verify and support this fact?

 -----Original Message-----
From: 	Winckowski, Michele
Sent:	Monday, November 12, 2001 2:53 PM
To:	Blair, Lynn; Bodnar, Michael
Subject:	SBA Contracts

	Contract	Shippers			Contract Date

	107018		Tenaska Marketing Ventures	Nov 1 2000
	107019		Texaco Gas Marketing		Nov 1 2000
	107021		OGE Energy Resources		Nov 1 2000
	107989		Tenaska Marketing		Jun 1 2001
	108021		Arkla Energy Marketing Co.	Jul 1 2001
	108284		Tensaka Marketing Ventures	Nov 1 2001
	108290		Texaco Gas Marketing		Nov 1 2001
	108281		El Paso Merchant Energy	Nov 1 2001
	108282		UtiliCorp United, Inc.		Nov 1 2001
	108283		Engage Energy American	Nov 1 2001

	These are the SBA contracts that were provided during the due diligence.  I'd like to be able to verify and support that the changes in the business requirements for the scheduling priority for these SBA contracts do not result in an impact to NNG's primary firm shippers.  Your assistance would be greatly appreciated. Thanks MW


Tara,

When I tried to approve this request (Sheri gave verbal approval), I got
message that it had already been approved by another access approver.

Patti
x39106
---------------------- Forwarded by Sally Beck/HOU/ECT on 04/25/2000 02:32 PM
---------------------------

From:  Information Risk Management/HOU/ECT

Subject: Your approval is requested

	Security Resource Request System
Application Approval
Please review and act upon this request. You have received this eMail because
you are listed as an approver on the original request.
			Instructions
For: 	Tori Hayden
Request	Original:
Application Name:	EOL - Backoffice (US)
Request Type:	Grant
Role(s):	EOL- Product Data Manager
Comments:	test		Review the request in the Request section at left.
			For more information regarding who the request is for, do the following:
			Click on the name for PeopleFinder info
			See the Further Information section below
			In the Approval Section, select Approve or Reject, enter comments as
necessary and click [Submit].

	Further Information

Requestor:			Tori Hayden/HOU/ECT
Manager:	Tara Sweitzer
Request Date:	04/19/2000 01:54:34 PM
RC #:	100243	WO #:
Company #:	0011	Priority:	Normal
General Comments:


I've made some significant re-writes, especially to our alternate proposal
section.  I have a question about the next to the last paragraph,
Jeanne/Roger, that I would like to clarify before we file.

Let me know your thoughts.  (See attached file: Enron response to Pet Mod
PG&E SCE.DOC)
 - Enron response to Pet Mod PG&E SCE.DOC


As we discussed, based on this email and the other information you have given
me, I have significant concerns about our ability to use the ENA products
discussed below.  Having ENA IT people involved on an ongoing basis in
maintaining the software and assisting us in using it would probably
constitute a violation of the marketing affiliate rules or would at minimum
create the appearance of marketing affiliate violations.  As I understand the
risk books, etc., confidential information on our various capacity positions
would be all over the place and difficult or impossible to firewall off from
ENA people working on those books.  If there is some firewall strategy that
the ENA folks have in mind, i.e., if those IT people are or will be employed
by Networks or Corp., I am eager to listen, but from what I have learned so
far, I am not comfortable with our use of the ENA system.  DF

Lee Ferrell
11/16/2000 04:16 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc: Kent Miller/ET&S/Enron@ENRON

Subject: Risk System Alternatives Next Steps

We have been asked to justify our  proposal to purchase third party risk
management software rather than use in-house ENA systems.  Since there are
affiliate issues as addressed below, please give us your opinion of the risk
we might run in trying to use ENA's systems.
---------------------- Forwarded by Lee Ferrell/ET&S/Enron on 11/16/2000
03:28 PM ---------------------------

Lisa Sawyer
11/16/2000 01:48 PM
To: Lee Ferrell/ET&S/Enron@Enron
cc: Steve Hotte/Corp/Enron@ENRON, Vernon Mercaldo/ET&S/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON, Beth Perlman/HOU/ECT@ECT, Richard
Burchfield/HOU/ECT@ECT, Stephen Stock/HOU/ECT@ECT

Subject: Risk System Alternatives Next Steps

Lee,
Just to recap the meeting with Richard Burchfield and Steve Stock, based on
the requirements that you and Vernon have identified, we would need to use
several of the system components including TAG, ERMS, GLOBAL COUNTERPARTY,
CREDIT, and UNIFY for settlements.  All of these applications are tightly
integrated.  We considered moving them into the ETS environment which would
separate the applications, but this would be a very large undertaking and
would be a resource intensive effort.  Therefore, due to the size, complexity
and integration of the applications, the group came to the conclusion that it
would be more timely and cost effective from an inception as well as
maintenance standpoint that ETS would have to share these systems with the
marketing group, and that porting them to the ETS environment as separate
application images would not be good from an overall migration as well as
support standpoint.  Additionally, we considered the EnPower System which is
also integrated into GLOBAL COUNTERPARTY, CREDIT and UNIFY.  We are planning
on a demo Friday morning, but there may be some functionality that you all
are looking for related to gas that EnPower cannot provide at this time and
would require some customization.  We'll know more tomorrow after the demo.

Regarding security, these applications are secured to segregate the data, but
we need an approval from Legal that it would be ok to use shared resources
from the IT standpoint.  This would include application developers and
database administrators.  Additionally, we would have to go through the
process of verifying that there would be no security leaks where it would be
possible for a marketer to run a report on pipeline related data, etc...  If
we can get an ok from Legal regardinig sharing of resources, then one of
these options can be explored further, but if we cannot get approval on
sharing of resources, it doesn't look like porting either of these
applications into the ETS environment as standalone apps would be the most
timely or cost effective way to go at this time.  Can you get a stand from
Legal regarding this issue?  Thanks.