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--------------------T O P S T O R I E S--------------------

Top Stories (December 8)

CALIFORNIA GOVERNOR 'OUTRAGED' OVER CALIFORNIA-ISO, FERC $250 POWER CAP
California Gov. Gray Davis said late Friday he will work with state lawmakers
to swiftly draft legislation to dismantle the state's grid operator after the
non-profit agency secretly petitioned federal regulators to lift a $250
megawatt-hour wholesale power price cap.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/10/eng-djn/eng-djn_034219_96_4701064769179

CALIFORNIA'S ELECTRIC UTILITIES FACE FINANCIAL STRUGGLES
A poorly designed market to deregulate the electricity industry in California
has pushed the state's major utilities to the brink of a financial disaster,
industry observers say.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/08/eng-djn/eng-djn_230022_142_16630528681

ENTERGY ALLOWED TO BID ON VERMONT YANKEE NUCLEAR PLANT
Vermont utility regulators said Friday they will allow Entergy Nuclear LLC to
submit a bid for the Vermont Yankee nuclear plant, creating the possibility
of an open auction for the plant.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2000/
12/08/eng-djn/eng-djn_232022_173_171349212062

RELIANT ENERGY ASKS PERMISSION TO BECOME RETAIL ELECTRIC PROVIDER
Reliant Energy has asked Texas regulators for permission to be a retail
electric provider when the state's electricity market is opened for
competition.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2000/12/09/krtbn/0000-0218-HO-ENERGY

-ALLEGHENY EXPANDS GROWING GENERATION PORTFOLIO WITH SOLAR ENERGY -
ISSUEALERT FOR DECEMBER 8, 2000
Allegheny Energy Solutions, an unregulated subsidiary of Allegheny Energy,
Inc., has added Siemens Solar Industries, L.P., to its growing portfolio of
suppliers for distributed generation products.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/writersd
esk/2000/12/08/eng-powerm-000001/eng-powerm-000001_112836_92_2956308838911

----------------------------------------------------------------------
DOW JONES NEWSWIRES
----------------------------------------------------------------------

Access stories online at:
http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index

Entergy Allowed To Bid On Vermont Yankee Nuclear Plant

Amid Power Crunch, Calif. Cos Reducing Electricity Use

California's/Utilities -3: Market Meltdown

California's/Utilities -2: Can't Pass Costs To Consumers

California's Electric Utilities Face Financial Struggles

BC Hydro:Still Selling Pwr To Calif,Despite Credit Fears

Con Edison Power Interruption Caused By 345-kV Line

PRESS RELEASE: Duquesne Light On Moody's Review-Uncertain

US DOE Closely Monitoring Calif Pwr Woes; Secy Concerned

Cuba/Direct Phone Lines With US -2: Not The First Time

Dominion Eyeing Purchase Of Vermont Yankee Nuclear Plant

CALIFORNIA POWER ALERT: Crisis Not Averted

Czech Min: Buyers Of Energy Cos Revealed By End '01 -CTK

Calif ISO Calls Off Stage 3 Pwr Emergency At 7:30 PM PST

E.On Says Decision On Veag Buyer "Totally Open"

FREE TRIAL: For a free trial of the Dow Jones Energy Service go to
www.dowjonesnews.com, and click "create account," or call
1-800-223-2274.

----------------------------------------------------------------------
N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-nat.htm

Mitchell Energy to Expand Plant Again Production in Northern Tarrant And Wise
And Denton Counties Is Growing Rapidly.

California's Power Woes Could Hit Texas Deregulation of Electricity And
Rising Gas Prices Are Pinching Californians.

Ferc Asked to Help with California Energy Crunch

Federal Agencies Gear Up Hydro System to Meet Demand

Southern California Utility Set for $331 Million Refunding

Puget Sound Energy Files for An Adjustment on Natural-Gas Bills to Recover
Higher Wholesale Gas Costs

Calif. Restarts Dirty Power Plants

-San Antonio Congressman Seeks Solutions to Energy Problems

-Prot,g, of New Home Depot CEO Called a Natural for GE Power Seat

Power to Stay Strong Despite Frigid Blast

Duke Energy Honored for Massachusetts Wetlands Restoration Program Leadership

On-site Power Surge

Tdc Energy Corporation Announces Management Changes

-Cap Gemini Ernst & Young Offers Utilities a "MarketEdge" With Openings of
High-Performance CRM Design & Delivery Centers

Southern Energy Inc. Developing Three Power Plant Projects Totaling 1,870
Megawatts Capacity

Natural Gas Prices Hit All-Time High Levels Yankee, Cng Customers Already
Facing Increases of Up to 28% for Year

Cheap Natural Gas for East Coast Consumers Becomes a Fading Dream

US Government Orders General Electric to Clean River Hudson

Washington May Be in Tight Spot Next Week Power Drain: Expected Cold Snap
Could Overtax Northwest System, with No Help in Sight

Avista Files for Natural Gas Price Adjustments in Washington And Idaho

Electric Energy Deregulation: Challenges for the Next Administration And
Engineering Industries

Top Energy Summaries - Friday, December 08, 2000 - 2:27 PM

Repeats: Energy Volume And Open Interest Totals-DEC 8

Power Station Shut Down

Enmax Energy Customer Billing under Way in Red Deer

N.Y. Power Authority Sells $300 Million in Bonds December 8, 2000

Energy Conservation Fee

Open-CIS Is Selected by Wps Resources Corporation for New Customer-Care
PlatformOpen-C Solutions Signs Agreement with Wisconsin-Based Electric And
Gas Utility

Duke Energy CO Corp - Honored for Massachusetts Wetlands Restoration Program
Leadership

Morgan Stanley Starts General Electric at Strong Buy/$70 Goal (Ge)

Stage 2 Electrical Emergency Still in Effect

Energy Ventures Inc - Enters Into Relationship with Tdm Llc - to Develop
Low-Cost Graphite Flow Plates

Top Energy Summaries - Friday, December 08, 2000 - 12:24 PM

Patriot Extension Open Season Begins December 12: New Duke Energy Pipeline to
Serve Parts of Virginia And North Carolina

-Allegheny Expands Growing Generation Portfolio with Solar Energy -
IssueAlert for December 8, 2000

Ohio Consumers' Counsel Files Lawsuit Against Natural Gas Supplier

Piedmont Natural Gas Reports 2000 Fiscal Year Operating Results

Gas Liquids Supply to Be Pinched by High Natural Gas Prices; Propane & Other
Feedstock Prices Soar

Council Stands by Reliant Contract ; Electric Rate Hike to Back Buyout
Rejected

Fbr Initiates Coverage of Devx Energy; Buy Rating And 12-Month Price Target
of $11 Per Share

Power Officials' High-Wire Act / Rapid Shifts of Juice Keep State Plugged in

Highest Energy Alert / Stage 3 Emergency Rolling Blackouts Narrowly Averted
by Shutting Down Huge Pumps / Crunch Likely to Worsen / Danger of System
Failure to Increase -- Cold Weather Fore

-American Electric Power (AEP) Signs Contract with Peace Software

-ISO Tariff Burdens Small Market Participants, Fosters Price Volatility,
MMWEC Says

-EPRI Addresses Electricity Demands of Digital Economy

-NERC Appoints Ellen P. Vancko Director, Media Relations and Government
Affairs

Prize Energy Announces the Launch of New Website

Mitchell Energy Takes Advantage of High Natural Gas Prices

Teck Corp - Subsidiary Cominco Signs Power Swap Agreement for US$86m

Top Energy Summaries - Friday, December 08, 2000 - 9:08 Am

Calif. Taps Power from Huge Pumps

Top Energy Summaries - Friday, December 08, 2000 - 7:39 Am

Niles Panel Oks Sale of Land to Indeck Only 1 Member Votes Against Power Plant

Petroglyph Energy, Inc. Sets Date for Stockholders' Meeting

Ppl Corp. Hoping to Build Power Plant in Washington

Utah Could Face Power Emergency

Energy Ventures Inc - Forms R&D Collaboration for Fuel Cell Program

Cominco Ltd - Signs Power Swap Agreement

National Firm Enters State Gas Market Enron-Backed New Power Seeks Major
Georgia Role

Leading the Charge Barnes Wants GE Power Systems in Metro Atlanta Atlanta
Real Estate

Investments in Fuel-Energy Complex Should Be 20 Bln Dlrs.

Rudy Backs New Power Plants

Mass. Electric Rates May Rise 10% to 15%

Geothermal System

Ice Improves Industrial Utility Rates

Power Play

SAN Antonio: Iogcc Urges Federal Leaders to Adopt National Energy Policy

----------------------------------------------------------------------
I N T E R N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-intr.htm

Petroleum Official Warns Natural Gas Prices 'Out of Hand': Fears May Prompt
Quick Fixes That May Hurt Industry

Energy Industry to Tap Gas

Top Energy Summaries - Friday, December 08, 2000 - 5:17 PM

Hong Kong-Based Clp Power Buys 70 Pct Stake in Powergen India

Pyramid Energy Inc - Pakistan Gas Production on Line

Brazil: Three Thermal Electric Power Facilities to Be Constructed

Cambodia to Receive US$18.6 Mln Adb Loan for Power Scheme

Kuchma Thanks US for Aid to Solution of Energy Problems.

Virgin Energy Launches First Dm Campaign

Russia to Build New Nuclear Power Plant in Smolensk Region.

Sasol, Government Sign Agreement for Transmission of Natural Gas from
Mozambique

Romanian Cabinet Approves Non-Refundable Energy Aid to Moldova

Shell Renewables, Siemens Solar in talks to extend solar energy cooperation

Philippines Government Halts Sale of Power Plants

Offshore Wind Farm Opens

Health-Pak Inc. Delaware Completes Acquisition of Life Energy Technology &
Holdings Ltd.

Adb Approves US$140 Mln Loan for Power Plant in Bangladesh

Tanzania Seeks Power from Southern African Grid

Russia: Putin's Envoy Intervenes Over Power Cuts to Region's Transmitters

China: Former Zhejiang Power Plant Head Sentenced to 11 Years Jail for Bribery

Malaysia in talks to build hydro-electric dam in Sudan

Emerald Energy says Colombia well hitting 4,300 bopd

SMB United mergers switchgear units into SMB Electric

Former Power Plant Head Sentenced for Bribery

China's Largest Wind-Power Generator to Blow Into Xinjiang

Winds of Change Blow Into Electricity Industry

Ebrd Clears N-power Loan for Ukraine

----------------------------------------------------------------------
KRT DAILY ENERGY NEWS
----------------------------------------------------------------------
Access stories online at http://www.powermarketers.com/pma-krt.htm

-San Antonio Congressman Seeks Solutions to Energy Problems

-Indiana Gas Utilities Get OK to Hike Rates for One Month

-Oklahoma Sees Ethanol Production as Bright Possibility for Future

-Prot,g, of New Home Depot CEO Called a Natural for GE Power Seat

Raleigh, N.C.-Based Utility Saves Millions on Quick Buyout of Florida Utility

Lakewood, Wash., City Council Votes to Reinstate Utility Tax

Low Northwest Temperatures Could Bring Power Blackouts Next Week

Washington State Homeowners to See Benefits of Off-Peak Power First-Hand

ST. Paul, Minn., Mayor'S Proposes Rebate Plan for Taxpayers

California Energy Officials Ask Residents to Curb Holiday Lights Usage

Cold Weather Worsens California'S Energy Crisis

California Electrical Reserves Dip Below 1 Percent, Blackouts Ensue

California Makes Surprise Inspections of Power Plants Shut for Repairs

California Governor Faces Challenge in Handling State'S Energy Crisis

California Power Alert Darkens Season: Delay Yule Lights, Public Urged

Cold Weather Heats Up Worries About Northwest Electric Utilities

Pittsburgh-Area Electric Utility Weighs Breakup, Sale

New Jersey Supreme Court Allows Utility Giant Refinance Its Debt

Conservation Groups Cite Energy Deregulation Fears for New Jersey

Nuclear Reactors Await New Life

Idaho Officials Ponder Next Move in Battle Over Utility Regulation

Houston-Based Utility Asks Texas to Be Retail Electric Seller

New Jersey's Largest Utility to Cut Electric Bills by 2 Percent Next Year

Natural Gas Woes Won't Hit Michigan Homeowners

Duke Energy'S New Head of Ethics, Diversity Gives Focus to Program

GE'S Schenectady, N.Y., Power Unit Appoints Top Executive As New CEO

Akron Beacon Journal, Ohio, Consumer Column

----------------------------------------------------------------------
REUTERS
----------------------------------------------------------------------
Access stories online at: http://207.32.82.57/news/ElectricPower.html

12/10/00 Conectiv seeks buyer, interest seen muted - sources

12/10/00 Power workers threaten India with new strike

12/09/00 Calif. governor slams move to ease power price cap

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ELECTRONIC TRADING. Power is following natural gas to become an
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NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing
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RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus
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is eminently fixable. By Dr. John O'Brien, Principal, Skipping Stone

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THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster
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I thought that was the point of requesting a December 1 date -- so that the
Commission had a longer period to act.  Since we requested an effective date
with more than 30 days advance notice (but less than 60 days per 154.207 of
the regs), then the Commission has until the effective date to act? ( NGA
717c.)

	From:  Mary Kay Miller                           11/13/2000 12:16 PM

To: Drew Fossum/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON
cc:

Subject: TW options filing

At this mornings staff meeting, Stan asked about the status of TW options
filing,  Shelley indicated that she felt it would be on the Nov 21 st
agenda.  The 30 days to act is up on Nov. 16th, if the FERC hasn't done
anything aren't the tariff sheets approved as filed?? If that answer is yes,
isn't an order after that date required to meet the SS 5 requirements??
Just thinking about the timing-  MK


Jason:
Tomorrow or Thursday would be fine.
Carol

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)


Delaney:

Here's an electronic copy of my presentation.  Thanks for inviting me.  Hope
it was useful.

Best,
Jeff


any questions please call Jennifer Morris x36787

This is not a presentation, simply discussion session.


Paige,

Thanks a lot for  your presentation. It was an eye-opener in many cases.

I shall schedule a meeting with you next week to discuss how we can help you

in this project. I have some ideas I would like to run by you.

Vince

P.S. Shirley, please see if Monday is OK for 30 mins?


Savett Frutkin Podell & Ryan, P.C. Announces Class Action Lawsuit Against
Azurix Corp.

10/16/2000
Business Wire
(Copyright (c) 2000, Business Wire)

PHILADELPHIA--(BUSINESS WIRE)--Oct. 16, 2000--Savett Frutkin Podell & Ryan,
P.C. hereby gives notice that a class action complaint was filed in the
United States District Court, Southern District of Texas on behalf of a class
of persons who purchased the common stock of Azurix Corp. (NYSE:AZX)
("Azurix" or the "Company") at artificially inflated prices during the period
June 9, 1999 through August 8, 2000 and traceable to Azurix's Initial Public
Offering ("Class Period") and who were damaged thereby.
If you are a member of the proposed Class, you should contact this firm at
the telephone number or address below. If you wish to be appointed lead
plaintiff in this action you must file a motion with the Court no later
December 5, 2000. Class members must meet certain legal requirements to serve
as a lead plaintiff.
If you purchased Azurix common stock during the Class Period or have
questions or information regarding this action or your rights, you may call
or write Barbara A. Podell, Adam Savett or Renee C. Nixon, of Savett Frutkin
Podell & Ryan. P.C. at 800/993-3233 or via e-mail at sfprpc@op.net.
The complaint charges Azurix and certain of its senior officers and directors
with violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933
("Securities Act") and Sections 10(b) and 20 of the Securities Exchange Act
of 1934 ("Exchange Act") and Rule 10b-5 promulgated thereunder.
The complaint also charges Enron Corp. as a controlling person under Section
15 of the Securities Act and Section 20(a) of the Exchange Act. The complaint
alleges that during the Class Period, defendants disseminated to the
investing public false and misleading financial statements and press releases
concerning the Company's publicly reported financial condition and future
prospects.
The complaint further alleges that defendants issued to the public on or
about June 9, 1999, in connection with the Company's initial public offering,
a false and misleading registration statement and prospectus. These documents
touted the Company's primary business strategy - acquiring, owning, operating
and managing large privatization water supply and wastewater projects.
However, through a series of partial disclosures beginning on March 30, 2000
and ending on August 8, 2000, it was revealed that several large
privatization projects were already postponed or canceled at or near the time
of the IPO. As a result of defendants' misrepresentations the price of Azurix
common stock was artificially inflated throughout the Class Period.
Plaintiff seeks to recover damages on behalf of all purchasers of Azurix
common stock during the Class Period. The plaintiff is represented by Savett
Frutkin Podell & Ryan, P.C. which has extensive experience representing
shareholders in class actions and has successfully recovered hundreds of
millions of dollars for defrauded investors and shareholders.
The reputation and expertise of the firm in shareholder and other class
action litigation has been repeatedly recognized by the courts, which have
appointed the firm to major positions in complex class action litigations.

CONTACT: SAVETT FRUTKIN PODELL & RYAN, P.C. Barbara A. Podell Adam T. Savett
Renee C. Nixon Telephone: 215/923-5400 or 800/993-3233 E-mail: sfprpc@op.net
12:12 EDT OCTOBER 16, 2000

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


Crazy week -- 7:00 pm and I just finished a project for Delainey that I got
at noon today.  Cancelled everything on the calendar and have been immersed
ever since.  Patti gave me your message with your home number around 5:30
today, just as she was leaving -- apologized for not giving it to me
earlier.  However, given my immediate project, I don't think that I could
have called until now.  And at 1:00am London time, I think that this e:mail
is much better.

I am still really crunched tomorrow morning.  All of our mid-year reviews
must be completed by the time we have our ENA Office of the Chair staff
meeting at 2:30 tomorrow.  Big push, after an over percentage completion rate
of about 60% at our ENA meeting two weeks ago.  Some of those unfinished
reviews were mine to give (16 direct reports is a killer).  I wrote three
last night after Tyler went to bed, finished at 1:00 am and gave all three
reviews this morning.  I have 5 more to write tonight, and to deliver
tomorrow morning to be at 100%.  I will try to call you on my way into the
office tomorrow morning from the car.  If I miss you then, it will be late
afternoon Houston time before I could call you.  Next week shapes up to be
MUCH better.

I am definitely very interested in continuing our conversations.  Would love
to have to over here and involved in operations.  So I will either catch you
from my car tomorrow morning, or we can talk on Monday.


Thank you for shopping at Lands' End

Your order #7144896 is being processed.
Please refer to this number if you have any questions.

Order Items:

Men's Polartec Clog Slippers
Item: 55301A81, MarineBlue, Size: 10
$19.50

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Bob --

Did we send this?

Jim
 -----Original Message-----
From: 	Cooley, Jan
Sent:	Wednesday, September 12, 2001 10:30 AM
To:	Leff, Dan; Sharp, Vicki; Gahn, Scott; Dietrich, Janet; Blachman, Jeremy; Hughes, Evan; Frazier, Lamar; Steffes, James D.; Mahoney, Peggy
Cc:	Williams, Robert C.
Subject:	Attorney General Investigation

For your comments.


Denis -

Sorry for the delay in forwarding the below information.  The week has been a
bit crazy. I am in the process of providing comments and will forward those
when available.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com
----- Forwarded by Mark Greenberg/NA/Enron on 04/20/2001 09:59 AM -----

	Craig Chaney@ECT
	04/16/2001 12:48 PM

		 To: Mark Greenberg/NA/Enron@ENRON
		 cc:
		 Subject: S&P Letter of Intent

Mark,
I need your review of the attached letter or intent by Thursday.  Citibank
and S&P have reviewed it and accepted the attached draft.  As usual the only
thing binding is the NDA portion of the letter.

Please give me a call if you have any questions.

Thanks,
Craig
3-3840


Notice No. 00-400
November 20, 2000

MEMORANDUM

TO:  ALL NYMEX AND COMEX MEMBERS

FROM: Neal L. Wolkoff
  Executive Vice President

DATE:  November 20, 2000

RE:  Notice of CFTC Approval of New COMEX Rule 4.36A and Related
Implementation of Aluminum EFS Program
____________________________________________________________________

Please be advised that the CFTC has approved new COMEX Rule 4.36A ("EXCHANGE
OF ALUMINUM FUTURES FOR, OR IN CONNECTION WITH, SWAP TRANSACTIONS").  The
new rule, which is shown below, permits the exchange of futures for swaps
("EFS") for Aluminum futures contracts.  The EFS program for Aluminum
futures has been approved on a three-year pilot basis and will go into
effect on Monday, November 27, 2000.

Under the terms of the rule, only "commercial market participants" are
eligible to enter into Aluminum EFS transactions.  In addition, a person or
entity seeking to participate in an EFS transaction must qualify as an
eligible swap participant under the terms of Part 35 of the CFTC's rules.

 Until the switch of COMEX to TMS and Clearing 21 is completed, no
Exchange computer records, including clearing records, will distinguish
Aluminum EFS transactions from Aluminum EFP transactions.  The Exchange will
use an existing Exchange information slip to assist in distinguishing
Aluminum EFS transactions from Aluminum EFP transactions at the time of
execution.  This slip must be submitted to COMEX Division floor staff by the
COMEX Division Floor Member as part of the responsibility of reporting the
EFS transaction to the Exchange.  The slip will indicate that the
transaction being reported involved an exchange of Aluminum futures for
aluminum swaps.  In addition to reporting the pertinent details of the
trade, such as contract month, quantity and price, the slip will identify
the Clearing Member(s) to the transaction and will further identify the
buyer and seller in the transaction.

 Brokers are further required to identify these transactions as an
"EFS" on their trading cards.  As noted, though, these transactions will be
entered into and processed in OLTE as EFPs.

The Exchange's Daily Futures Summary, which includes EFP volume and which is
provided both to the Commission and to the public, will not include a
separate column for EFS volume. Instead, a footnote on this report will
indicate that EFP volume for Aluminum contracts may also include EFS
transactions.   In addition, please be advised that COMEX Division EFP data
transmitted to market participants via the Exchange's Price Reporting System
may include data for both Aluminum EFP and Aluminum EFS transactions.

Please note that, in addition to Rule 4.36A, it is also necessary for market
participants to comply with the CFTC's EFP-related reporting and
recordkeeping regulations as if these regulations applied to EFS
transactions.  Specifically, the Exchange will require:

  1) Each Exchange member, futures commission merchant
("FCM"), and introducing broker ("IB") to comply with the requirements of
Commission Regulation 1.35(a) as if this regulation applied to EFS
transactions and will further require each Exchange member, FCM, and IB to
provide the required records to the Exchange for inspection upon request;

  2) Each customer to comply with the requirements of
Commission Regulation1.35(a-2)(2) as if this regulation applied to EFS
transactions and will further require each customer to provide the required
records to the Exchange for inspection upon request;

  3) Each Exchange clearing member, FCM, and foreign
broker to comply with the requirements of Commission Regulations 17.00(a)(1)
and (2) as if these regulations applied to EFS transactions, and NYMEX will
further require each Exchange clearing member, FCM, and foreign broker to
file the required records with the Exchange;

  4) Each trader who holds or controls a reportable
futures position to comply with the requirements of Commission Regulation
18.05 as if this regulation applied to EFS transactions, and NYMEX will
further require each trader to provide the required records to the Exchange
for inspection upon request; and

  5) Upon the request of the Commission, each FCM, IB,
foreign broker, and trader to comply with the requirements of Commission
Regulations 24.03(e)(1)(iii) and (e)(2)(iv), and NYMEX will further require
each FCM, IB, foreign broker, and trader to file the required records at the
place and within the time frame specified by the Exchange.

  If you have any questions concerning the operation of this program,
please contact Tom LaSala, Vice President, Compliance Department, at (212)
299-2897, or Michael Campanelli, Vice President of COMEX Floor Operations,
Floor Department, at (212) 299-2072.

    Approved New COMEX RULE 4.36A
(Pilot Program)

     (Entire rule is new.)

Rule 4.36A. EXCHANGE OF ALUMINUM FUTURES FOR, OR IN CONNECTION WITH,
SWAP TRANSACTIONS

(a) (1) An exchange of Aluminum futures for, or in connection with, a swap
(EFS) consists of two discrete, but related, transactions; a swap
transaction and a futures transaction.  At the time such transaction is
effected, the buyer and seller of the futures must be, respectively, the
seller and the buyer of the swap.

(2) The pilot program is available only to commercial market participants.
For purposes of this rule, a Acommercial market participant@ shall include a
person or entity that transacts business in the normal channels of commerce
in the cash commodity or related commodity underlying the EFS posted on the
Exchange and also shall include an entity that regularly maintains a book of
and acts as a dealer in swap transactions.

(b) The swap component shall involve the commodity underlying the futures
contract (or a derivative, by-product or related product of such commodity).
The quantity covered by the swap must be approximately equivalent to the
quantity covered by the futures contracts.  The swap component of an EFS
transaction must comply with the requirements of Commission Regulation Part
35 (Exemption of Swap Agreements).  The initial term of the pilot program
shall be three years from the effective date of this Rule 4.36A.

(c)  (1) The report of an Aluminum EFS transaction shall be given on the
Floor of the Exchange during the hours of futures trading.  (2) Aluminum EFS
transactions are permitted until 12:00 p.m. on the day following the last
day of trading of an expiring futures contract.

(d)  A report of such Aluminum EFS transaction shall be submitted to the
Exchange by each Clearing Member representing the buyer and/or seller.  Such
report shall identify the EFS as made under this Rule and shall contain the
following information: a statement that the swap component of the EFS
complied with the requirements of Part 35 at the time the EFS was entered
into between the buyer and seller, a statement that the EFS has resulted or
will result in a change of payments or other such change, the kind and
quantity of the futures, the price at which the futures transaction is to be
cleared, the names of the Clearing Members and customers and such other
information as the Exchange may require.  Such report (form) shall be
submitted to the Compliance Department by 12:00 noon, no later than two (2)
Exchange business days after the day of posting the EFS on the Floor of the
Exchange.

(e)  Each buyer and seller must satisfy the Exchange, at its request, that
the transaction is a legitimate Aluminum EFS transaction.  Upon the request
of the Exchange, all documentary evidence relating to the EFS, including a
master swap agreement and any supplements thereto, shall be obtained by the
Clearing Members from the buyer or seller and made available by the Clearing
Members for examination by the Exchange.

(f)  A report of each Aluminum EFS transaction shall be given, and notice
thereof shall be posted on the Floor of the Exchange, on the day that the
transaction thereto was made, or if such agreement was made after the close
of trading, then on the next business day.  EFS transactions shall be
cleared through the Exchange in accordance with normal procedures, shall be
clearly identified and marked in the same manner as EFP transactions, and
shall be recorded by the Exchange and by the Clearing Members involved.

(g)  All omnibus accounts and foreign brokers shall submit a signed EFS
reporting agreement in the form prescribed by the Exchange to the Exchange=s
Compliance Department.  Such Agreement shall provide that any omnibus
account or foreign broker identified by a Clearing Member (or another
omnibus account or foreign broker) as the buyer or seller of an EFS pursuant
to this rule, shall supply the name of its customer and such other
information as the Exchange may require.  Such information shall be
submitted to the Exchange=s Compliance Department by 12:00 noon no later
than two (2) Exchange business days after the day of posting the EFS on the
Floor of the Exchange.  Failure by an omnibus account or foreign broker to
submit either the agreement or the particular EFS information to the
Exchange may result in a hearing by the Business Conduct Committee to limit,
condition or deny access of such omnibus account or foreign broker to the
market.


I'm hoping they have good movies on the flight!  But I'm also bringing a good
book, and I'll probably bring a pair of headphones...even if I don't plug
them into anything.  I think I'll have them as a decoy in case I end up with
an annoying neighbor for the flight.  Everyone around me knows my travel
plans as well as I do.  I think I must have become a little annoying myself.

Well back to work.

Talk to ya later,
Robin


Please add the demand charge for excess fees for 9/00 on sale deal 157278 in
the amount of $1,175.51.

Thanks,
Megan


David

I enjoyed meeting you last week.  Unfortunately I have decided to take
another route.


If at all possible, I would really appreciate postponing the tax discussion
until your next swap group meeting, which I think is in 2 weeks.  I have
other projects that I have to work on tonight and will not get the
opportunity to prepare a presentation for the group before the meeting.  I
really appreciate your asking me to speak to the group and also (hopefully)
your understanding and patience in postponing the tax discussion.

Best regards,
Susan

 -----Original Message-----
From:  Shackleton, Sara
Sent: Tuesday, March 20, 2001 6:18 PM
To: Musch, Susan
Subject: Copy of ISDA Schedule (internal "form")

Susan:  This may look confusing!  It contains all of our "choices" for
preparing the documents.  See Part 2 (Tax Reps) and the end of the document
which has our "choices" of tax forms.

I thought it might be helpful to be very basic about withholding issues,
etc., why we need the tax reps, and what questions we could ask upfront about
a party that would help us select an appropriate tax module.  We tend to not
"think" and expect a party "fill in the blank" when we are preparing draft
documents.

 << File: isda-schedule(multicurrency02-14-01).doc >>

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


Could you coordinate with Cindy Stark on the meeting with Massey in a couple
of weeks?  Stan has asked me if I would like to attend.  I would, but don't
know when exactly it is scheduled for.
---------------------- Forwarded by Steven J Kean/NA/Enron on 04/30/2001
07:41 AM ---------------------------

Stanley Horton
04/26/2001 04:53 PM
To: Steven J Kean/NA/Enron@Enron
cc: Joe Hartsoe/Corp/Enron@ENRON, Shelley Corman/Enron@EnronXGate, Linda
Robertson/NA/Enron@ENRON, Ray Alvarez/NA/Enron@ENRON, Tom
Briggs/NA/Enron@Enron

Subject: Re: Some Background on California Gas Price Spikes--The Other Side
of the Story

I agree.  I suggest the following.  Joe, we need you to go give a pitch to
Massey's assistats about what is going on.  Next Jerry Halvorsen has
scheduled a lunch with Massey in two weeks.  He has invited me to attend.
What do you think?

Steven J Kean
04/26/2001 03:09 PM
To: Joe Hartsoe/Corp/Enron@ENRON, Shelley Corman/Enron@EnronXGate
cc: Stanley Horton/Corp/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Ray
Alvarez/NA/Enron@ENRON, Tom Briggs/NA/Enron@Enron

Subject: Some Background on California Gas Price Spikes--The Other Side of
the Story

We need to communicate with Massey before he gets completely carried away
blaming the interstate pipeline business for gas price spikes.  We need to
get him the information regarding Cal LDCs failure to fill storage and their
opposition to additional pipeline construction in the state.  Shelley --
could you forward copies of the LDC filings to the group.  Should Joe or I
(or both) try to see massey when I am in town next week?
---------------------- Forwarded by Steven J Kean/NA/Enron on 04/26/2001
02:07 PM ---------------------------
From: Jeff Dasovich on 04/24/2001 06:57 PM
Sent by: Jeff Dasovich
To: Richard Shapiro/NA/Enron@Enron, skean@enron.com, James D
Steffes/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT, Leslie
Lawner/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@ENRON, Rob
Bradley/Corp/Enron@ENRON, Janel Guerrero/Corp/Enron@Enron, Karen
Denne/Corp/Enron@ENRON, Alan Comnes/PDX/ECT@ECT, Sandra
McCubbin/NA/Enro@Enron, Susan J Mara/NA/Enron@ENRON
cc:

Subject: Some Background on California Gas Price Spikes--The Other Side of
the Story

Last week, I distributed a presentation that the Brattle Group gave before
the California Inquisition (i.e., legislative gas oversight committee looking
into the gas price spikes at the Cal border).

The Brattle Group is a consulting firm that Edison has long used to beat up
on SoCalGas (recall that Edison used to be a big gas customer when it owned
power plants).  Edison "arranged" for the Brattle Group to be the star
witness at the Cal Leg gas hearing.  Their job was to set up El Paso and
Dynegy for the hit at hearings that took place the following day.  Their
message was simple (and simplistic):

El Paso and Dynegy have market power.
They have used the market power to drive up basis and thus the price of gas
at the border (to "obscene" levels).
That, in turn, has driven up electricity prices.

Ken Lay is giving a gas talk tomorrow, and Rob Bradley asked that I provide
the alternative view to the Edison/Brattle rant, in the event that he gets
any questions on the topic.  It's attached.  Apologies, it's quick and dirty,
but it provides the basics.

Obviously no need for us to defend El Paso or Dynegy, but might be useful to
offer a more rationale explanation than the one that the California
Legislature is peddling.

Finally, we were also fingered somewhat as culprits at the hearing (the
California PUC FERC lawyer claimed that ENA and TW colluded to drive up basis
when ENA controlled a portion of  the capacity), but the overriding goal of
the hearing was to go after EP and Dynegy.

Best,
Jeff


-----Original Message-----
From: 	Greenizan, Bill
Sent:	Friday, August 31, 2001 9:42 AM
To:	'garth.doll@morganstanley.com'; Zufferli, John
Subject:	FW: Nortel

 -----Original Message-----
From: 	"Greenizan, Jackie A" <GreeniJA@MapleLeaf.ca>@ENRON [mailto:IMCEANOTES-+22Greenizan+2C+20Jackie+20A+22+20+3CGreeniJA+40MapleLeaf+2Eca+3E+40ENRON@ENRON.com]
Sent:	Friday, August 31, 2001 8:08 AM
To:	'Mike Nazwaski'; Greenizan, Bill; 'Sue Gray'
Subject:	Nortel

Not sure if you have seen this or not, but I thought it was cute.....

 On July 26, 2000, two friends, Jim and John, each received a $1000 bonus
 at work.
 (They both work for Nortel Networks, where in the summer of 2000, there
 was LOTS of money around for bonuses). Jim, being an intelligent,
 financially conscientious person, put the whole $1000 into Nortel
Networks stock. With his $1000, and the transaction cost of
 $35, he was able to purchase 7 shares at $123 each. Having watched the
 Nortel stock climb and climb, he felt very good about this investment,
 happy that he is preparing for the future.

 John, being a more care-free sort, did something slightly different with
 his $1000. John borrowed a friend's truck, and proceeded to the
  Beer Store, where he purchased 33 cases of beer. John also felt very
good about his investment: 33 cases x 24 = is 792 bottles of beer! John,
also
 being an intelligent guy, although perhaps not as forward-thinking as
Jim, calculated that he could drink about 15 bottles per week, and he
wouldn't
 have to buy beer for a whole year.

 Jim, of course, was appalled by John's purchase, and berated him
 constantly about it. As months went by, Jim excitedly watched the
 stock prices, and saw it start to dwindle. "It'll go back up", he'd say
to Jim.  Jim, who has been reaping the benefits of his investment
on a daily basis, would reply, "Ya, it will.  Hang in there buddy "burp".

 Months went by, and the value of the stock continued to fall, and there
 was the beginnings of a noticeable dent in the beer pile. Midwinter came,
 Jim's stock had fallen to about half of it's original value, and John's
 beer was about half gone. Jim, being sure that the
 stock had hit rock-bottom, still was berating John for his frivolous
 purchase, telling him "Your beer will be gone in six months! Who knows
 what my stock will be worth!!".

 Well, summer has come, and hard times at Nortel continue. Bad news: Both
 John and Jim have been affected by the layoffs.  Last week, in order to
 raise some cash to help through the rough time, Jim sold his 7 shares, at
 that day's value of $12, and got $84, then after paying the $35
 transaction fee, he only had $49.

 Jim stopped by John's house later that day (everyone needs their friend's
 during rough times), and as luck would have it, there were
 two bottles of John's beer left. John, being a good, compassionate
friend, offered to share his last two bottles of beer with his friend.
 Jim appreciated the gesture, and enjoyed the cold beer on the hot
summer's day, but he felt a bit guilty.

 "At least I got fifty bucks back out of it - you have nothing now.", he
 said. "That's ok.", replied John.  "Perhaps you can help me, I need to
 return all these empties.", he added as his other friend with the truck
 pulled in. So, they loaded up the truck, and proceeded off to the beer
 store.

 Upon arrival at the beer store, they unloaded the empties, feeling a
 little grim. John went to the counter, and collected his refund for the
 bottles. "33 cases x 24 bottles, at 10 cents per bottle, that comes to
 $79.20", the friendly Beer Store clerk said to John as he handed him the
 money. Jim was speechless. Poor guy. Can you imagine  how you would feel
 if you just discovered that over the course of the
 last year, your $1000 stock investment left you with $50, and taking same
 $1000, buying beer, and drinking it, would leave you with $80. I'll leave
 it up to the reader to come up with they're own "moral to the story".


FYI

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 02/27/2001 08:31 AM -----

	Mara_Alexander@cargill.com
	02/27/2001 07:37 AM

		 To: Sara.Shackleton@enron.com
		 cc:
		 Subject: RE: ISDA Master Agreement

Sara,

My Credit Manager advises that he needs to consult with one of our
Corporate Treasury's attorneys on the Cargill, Inc. guarantee, but
that attorney will be out all this week.  Hopefully I can get a
response to you on the guarantee early next week.

Meanwhile, attached please find one small change to Set-Off language
from the latest draft.  Can you please explain the reason behind
adding the second paragraph -- is this bankruptcy related?

Regards,
Mara Alexander
Sr. Documentation Analyst
Cargill, Incorporated
Tel: 952.984.3417
Fax: 952.984.3872
e-mail: Mara_Alexander@Cargill.com

-----Original Message-----
From: Alexander, Mara /xtwn
Sent: Monday, February 26, 2001 5:09 PM
To: 'Sara.Shackleton@enron.com'
Subject: RE: ISDA Master Agreement

Sara,

I'm sorry, but I'm still awaiting word on the Cargill, Inc. guarantee
of
Cargill-Alliant, which was in the hands of our Credit Manager for a
final
once-over.  (Unless they've by-passed me?  Have you seen a revised copy
of
this guarantee?)

I also need that same Credit Mgr. to give his final nod of approval to
the
Set-Off language you'd put into the last draft.  Our Legal only had on
a
couple of minor comments on it.

Thanks for the follow-up!  I intend to press hard this week for a final
response so we can at last get this wrapped up.

Mara Alexander
Sr. Documentation Analyst
Cargill, Incorporated
Tel: 952.984.3417
Fax: 952.984.3872
e-mail: Mara_Alexander@Cargill.com

-----Original Message-----
From: Sara.Shackleton@enron.com [mailto:Sara.Shackleton@enron.com]
Sent: Monday, February 26, 2001 4:45 PM
To: alexander, mara /xtwn
Subject: ISDA Master Agreement

Mara:  Are we done?  I don't think we have heard from you about the
master?
Can we go ahead and have the guaranty executed?  I don't think we have
any
outstanding issues.

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

 - 2-27.doc


I've changed these to Firm energy.

Kate

	From:  Sharen Cason                           02/08/2001 01:43 PM

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

Subject: energy type

These two deals have Palo Verde delivery point and CAISO energy.

#517814
#517813

Thanks!


----- Forwarded by Jeff Dasovich/NA/Enron on 07/11/2001 12:15 PM -----

	Susan J Mara
	07/11/2001 12:08 PM

		 To: Richard Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Karen
Denne/Enron@EnronXGate, Mark Palmer/Enron@EnronXGate, Jeff
Dasovich/NA/Enron@Enron, Richard B Sanders/Enron@EnronXGate
		 cc:
		 Subject: Hearing hasn;t started yet

Your Real Audio will just show nothing for now.  Our lobbyist will call me
when it starts up and I'll let you know right away.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


broker is right - this is changed to DYPMI

Kerri Thompson@ENRON
03/08/2001 01:51 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: tfs

disregard previous email....(about deals 541200 & 541201)

541365
broker has dynegy for the cp


---------------------- Forwarded by Rob G Gay/NA/Enron on 01/31/2001 02:25 PM
---------------------------

Jose Bestard@ENRON_DEVELOPMENT
01/30/2001 12:59 PM
To: Cuiaba LT
cc: "Luiz Sergio Assad" <assad@elektro.com.br>, "Fred Sampaio"
<freds@elektro.com.br>, Jose Lucio Reis/SA/Enron@Enron, Luiz
Maurer/SA/Enron@Enron

Subject: Meeting With Furnas - Jan 29 01 - Tariff until Gas Commisioning

FYI
---------------------- Forwarded by Jose Bestard/ENRON_DEVELOPMENT on
01/30/2001 12:55 PM ---------------------------

Created 01/30 10:55 AM   Modified 01/30 12:55 PM
Title: Meeting With Furnas - Jan 29 01 - Tariff until Gas Commisioning

Furnas:  Celso Ferreira, Roberto de la Nina
EPE: Jose Bestard, Laine Powell, Christiaan Huzier
Consent.- Before entering into the purpose of the meeting, I told Celso that
we were sending him a letter to confirm our understanding from the previous
meeting, that they are linking the approval of the Anex 4/Consent to changes
in the contact. and that they refused to sign the original consent language.
For avoidance of doubt, the text of both versions are included in the letter.
He said that our understanding was correct and that he would answer in the
affirmative.
He was not familiar with the original text. I showed him my copy with the
three initials. He asked whose initials were from Furnas. (I don't know - was
not present at that meeting. Rick  and John may know).
Roberto de la Nina gave him the background from Furnas side.
Tariff and Commissioning.
Celso started the session by drawing a diagram of the Contractual Obligation
provisions compared to the Current Situation. He wanted to lead us  to pay
the fuel differential, from 100% dispatch or alternatively buy from the MAE
(lower cost to us).
[Comment.- Irrespective of  the Force Majeure arguments that we have, the MAE
make up possibility has to be used carefully to avoid  falling into the trap,
by precedent, or assuming a market exposure that we presently do not have.]
I replied that his reading of the Contract was correct, except that he did
not read the Force Majeure section.  We had the obligation to change to gas
on the dates he mentioned, except that we have a Force Majeure due to the
Government Actions, and therefore we have the right to change the schedule.
Celso replied that his people did not think this fit the case; i.e.
"additional difficulty of drilling through rocks"; I replied that we have a
strong case that everyone  knows about, including the regulator Aneel, which
extended the use of the CCC until June 2001.
[Comment.- I expect Furnas to challenge our documentation to calculate how
many days we are entitled due to FM causes. At the end there will be a
"negotiated agreement", or the result or arbitration.]
Aneel Authorization.-  I told him that we needed to bring him up to date
about Aneel's approval.
 Aneel sent us a letter that we were not authorized to operate in Combined
Cycle, not that we had CCC account coverage during for CC operation.
Gave him a copy of the letter of our request to Aneel asking for both ; CC
and CCC coverage. We were ready for 480 MW, but on diesel.
Celso asked what we would do if we got CC authorization but not CCC
coverage.- I told him that we did not have the money to pay for the fuel,
that we would have to convert back to Simple Cycle, use the current
authorization for minimum use and wait  for the gas to be available to go
through commissioning.
He said that under the contract we are obligated to provide power; that he
would buy from the MAE and sent us the bill. I told him that under the
Contract we can change the gas-change-over date because of FM. During a FM
period our mutual obligations would cease, except that they in this case they
had a capacity payment obligation given that the cause was Government
action.
He understood that they have a right to cancel the Contract after 12 months
[Comment - but they would have the MAE exposure as well for the Initial
Contracts]
Laine gave him an update of the ridge contruction and the parallel path that
we will take on Ridge 10; drill and also seek a permit for a partial crossing
of the first crest, drilling through the second crest, all withing the
existing ROW.
Laine explained the processes and limitatios of returnind to SC operations
and then back again to CC gas comissioning.

Our Proposal.-  Our proposal is that we get authorization to enter into
operation as combined cycle unit; the CCC administration pays for the diesel,
and receives the gas revenues as compensation. This keeps us and Furnas at
the Contract equilibrium, and the Brazilian electric system has 480 MW
combined cycle plant; providing stability to that area.
Under this proposal, until the gas gets there to start commissioning, ONS
would dispatch the power plant according to economic dispatch at R$110/Mwhr;
minimum 290 MW. The CCC covers the actual dispatch the MRE cover the dispatch
to the Initial Contracts with Furnas.
I suggested that they join us for that petition to Aneel. He called Mario
Santos to set up a meeting, to enlist the help of ONS in that petition as
well.
The meeting is set up for Wednesday at 9:30 AM.   To prepare we need to
provide the factual information, heat rates, costs, etc.


On second thought, please forward this, along with the gas volume info., to
the appropriate parties at Cinergy.  Please send the below as opposed to the
previous version.  I've made changes pursuant to my conversation with Zisman.

chris

Responses to Cinergy's Gas Transport Questions

Brownsville
1)  Verify Type of Transportation Service and Identify location of 2 hour
notice.
Transportation is provided  under  ITS Service Agreement Contract No. 10290
.  This contract  is ANR's  pro forma ITS Agreement from its FERC Gas
Tariff.  Changes to the pro forma  are included in the various rate letters
(most recent dated September 20, 2000), the Operating Agreement (dated March
31, 1999) and the Additional ANR Transportation Service letter (dated March
30, 1999).  These three agreements were assigned to Brownsville Power I, LLC
per the Assignment Agreement dated December 1, 1999.

Specific to the question of the two hour notice, Brownsville's rights are
identified in the Operating Agreement under Article 1 on page 2 of the
agreement (See Articles 1.01, 1.02 and 1.03).  ANR's two hour notice rights
are also identified under Article 1 (See 1.05).  Please note that ANR's two
hour notice right is subject to the plant having taken delivery of gas
volumes per Articles 1.01, 1.02 and 1.03.

2)  On ETS Conversion right, is ETS service seasonal or annual?
The seasonality of the conversion is not addressed under the Additional
Transportation Letter dated March 30, 1999.  ANR's FERC Gas Tariff does not
preclude a seasonal application of the ETS service.
3)  Provided gas volumes burned at plant.
To be provided under separate cover.

Caledonia
1) Identify location of FT-BH rights in transaction documents (FT-A Contract).
Transportation is provided  under  Gas Transportation Agreement Service
Package No. 29230.  This contract  is TGP's  pro forma Agreement from its
FERC Gas Tariff.  Changes to the pro forma  are included in the Firm
Transportation Discount Letter dated April 7, 1999.  Additional
transportation rights negotiated by Caledonia, such as FT-BH (page 4) and the
FT-A replacement contract (page 5), are included in a letter dated March 31,
1999 titled "Commercial agreement with:  CALEDONIA POWER I, L.L.C., Natural
Gas Transportation".
2) Identify location of 4.5 Bcf/yr obligation in transaction documents (FT-A
Contract).
This provision is included in the  Firm Transportation Discount Letter dated
April 7, 1999 (See page 2 and 3, Article 3).
3) Provide gas volumes burned at the plant.
To be provided under separate cover.


Way to keep your turf...would you trade it for a $80 ENE price??

Paul

 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON   On Behalf Of Enron Americas - Office of the Chairman@ENRON
Sent:	Wednesday, October 24, 2001 9:22 PM
To:	All Enron Employees North America@ENRON
Subject:	Natural Gas Origination

Our natural gas business continues to benefit from effective account management and resource allocation focused on identifying and responding to the needs of our varied customers.  In order to keep our organization optimally structured and to facilitate additional growth, we are making the following changes:

Producer/Wellhead Group
The current mid-market, origination and wellhead pricing activity currently within the Central and Eastern Gas Regions will be consolidated with the Derivatives group under Fred Lagrasta.  This will create a single business unit focused upon the needs of the producing industry within the Eastern U.S.  The producer focus in the Western U.S. and Texas will remain unchanged reporting  to Mark Whitt and Brian Redmond respectively.

Strategic Asset  Development
Laura Luce will move from her role in the Central Region to lead an effort focused strictly on identifying and entering into long-term strategic arrangements within the Central and Eastern Regions.  This initiative will focus on a limited number of selected markets that provide strategic opportunities for partnering in asset development, asset management and optimization.  This effort will continue to work very closely with the regional leads.

Central Origination and Mid-Market
Frank Vickers will continue his current role in the Eastern Region and will assume the leadership role for Mid-Market and Origination activity in the Central Region.

There will be no changes to the West and Texas Origination groups headed respectively by Barry Tycholiz and Brian Redmond.

Please join us in congratulating Fred, Laura and Frank in their new roles.

Louise & John


Thanks - that's what I was hoping it was. Heading in to see Moodys. Thanks again for your help.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)

-----Original Message-----
From: Donoho, Lindy <Lindy.Donoho@ENRON.com>
To: Howard, Kevin A. <Kevin.Howard@ENRON.com>
Sent: Tue Mar 05 14:01:02 2002
Subject: RE: Power gen mkts slide

It is my understanding (from Kevin Hyatt) that its like Arizona's PUC.

-----Original Message-----
From: Howard, Kevin A.
Sent: Tuesday, March 05, 2002 1:47 PM
To: Donoho, Lindy
Subject: Power gen mkts slide

Pie chart slide for AZ,NM, and NEV shows the source of info to be thr "Arizona Corporation Commission". Who is this?
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Hi, Elise.  Sorry to bother you, but when Kali was unwrapping her presents
last night, there were two without cards or tags (probably lost in
transit!!).  We narrowed it down to Laura and Sofi.  So that we can get the
thank you notes correct, did Laura give Kali  a Skipper doll or a bath set in
a blue bag?  Thanks for your help.

Susan

P.S.- We ended up selling 131 boxes at the booth on Saturday.


i will give you a shot at the title when you get back


I don't know why this is coming up now and why we don't address this at year
end in conjunction with the PRC process.


Richard Melancon
1815 1/2 Forest Lake Drive
Tuscaloosa, AL 35401
rmelancon@simplecom.net

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you
made from selling Enron stock before the company
declared bankruptcy to funds, such as Enron Employee
Transition Fund and REACH, that benefit the company's
employees, who lost their retirement savings, and provide
relief to low-income consumers in California, who can't
afford to pay their energy bills.  Enron and you made
millions out of the pocketbooks of California consumers
and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of
Enron's employees were financially devastated when the
company declared bankruptcy and their retirement plans
were wiped out.  And Enron made an astronomical profit
during the California energy crisis last year.  As a result,
there are thousands of consumers who are unable to pay
their basic energy bills and the largest utility in the state is
bankrupt.

The New York Times reported that you sold $101 million
worth of Enron stock while aggressively urging the
company's employees to keep buying it.  Please donate this
money to the funds set up to help repair the lives of those
Americans hurt by Enron's underhanded dealings.

Sincerely,

Richard Melancon


Natural Gas Straddles

			 	Month	Strike	Bid	Offer	Volatility	Net Change
			 	X	300	exp.	exp.	#VALUE!	#VALUE!
			 	Z	320	60.5	62	0.8080	0.0330
			 	F	330	85	87	0.8034	0.0096
			 	G	330	96	98.5	0.7389	0.0090
	 	H	325	97	97.5	0.6632	0.0036
			 	J	315	83	84	0.5340	0.0045	 		Strip	Strike	Value
			 	K	315	81	84	0.4803	-0.0063	 		X/H	321	#VALUE!
			 	M	320	87	90	0.4698	-0.0012	 		J/V	280.7143	95.36
			 	N	325	92	96	0.4629	#VALUE!
			 	Q	30	99	103	0.4037	#VALUE!
			 	U	330	106	110	0.4763	#VALUE!
			 	V02	330	106	114	0.4629	#VALUE!
			 	X02	330	 	 	#VALUE!	0.0000
			 	Z02	355	131	134
			 	 	 		10/26/01 2:38 PM

			 	 	 		Crude Oil Straddles

			 	Month	Strke	Bid	Offer	Volatility	Net Change
			 	Z	2200	196	206	0.4902	-0.0459
			 	F	2200	330	340	0.5158	-0.0106
			 	G	2250	425	437	0.5160	-0.0051
			 	H	2250	475	485	0.4959	-0.0060
			 	J	2250	500	515	0.4670	-0.0108
			 	K	2250	525	540	0.4455	-0.0018
			 	M	2200	540	547	0.4254	-0.0009
			 	N	2200	545	560	0.4047	0.0006
			 	Q	2200	550	565	0.3870	-0.0009
			 	U	2200	555	570	#VALUE!	#VALUE!
			 	V	2200	560	80	#VALUE!	#VALUE!
			 	X	2200		 	#VALUE!	#VALUE!
			 	Z02	2200	555	570	0.1700	-0.1500

			 	 	 		10/26/01 2:42 PM


scott phone numbers are 853-4723   and i guess his email is scott neal @
enron .com?  - good luck - love ya


BLOOMBERG
All deals checked out fine.

PREBON
Mike Swerzbin
I am missing the following deals per Prebon:
Enron sells BP Energy 25 mw of Cal'02 Palo Verde at $136.00

AMEREX
Sean Crandall:
I am missing the following deal:
Enron sells to Transcanada 3/12-3/31 Mid-C at $273.00

Mark Fischer
deal 541226
Prebon does not recognize.


Check that........please flow at a rate of 30,000 for  6.2  hours to reach the
7800 mmbtu

Thanks,
Chad Cass

----- Forwarded by Chad W. Cass/GCS/CEC/PEC on 07/27/00 03:18 PM -----
|--------+----------------------->
|        |          Chad W. Cass |
|        |                       |
|        |          07/27/00     |
|        |          03:16 PM     |
|        |                       |
|--------+----------------------->

>----------------------------------------------------------------------------|

|                                                                            |
  |       To:     briley@enron.com, Bruce
McMills/FtWorth/PEFS/PEC@PEC,        |
  |       carlos.j.rodriguez@enron.com, Chad W.
Cass/GCS/CEC/PEC@PEC,          |
  |       dfarmer@enron.com, John A. Bretz/GCS/CEC/PEC@PEC, Julia
A.           |
  |       Urbanek/GCS/CEC/PEC@PEC, stacey.neuweiler@enron.com,
Sharon          |
  |       Beemer/FtWorth/PEFS/PEC@PEC, William E.
Speckels/GCS/CEC/PEC@PEC,    |
  |       Connie Wester/EastTexas/PEFS/PEC@PEC, Michael
R.                     |
  |       Cherry/EastTexas/PEFS/PEC@PEC, Darrel F.
Bane/EastTexas/PEFS/PEC@PEC,|
  |       Randall L. Reid/EastTexas/PEFS/PEC@PEC,
Raymond                      |
  |
Franklin/EastTexas/PEFS/PEC@PEC                                      |
  |
cc:                                                                  |
  |       Subject:     HPL Nom for July 28,2000 -- One day Only
!              |

>----------------------------------------------------------------------------|

EFFECTIVE July 28 @ 9:00 am

7,800 Inlet @ HPL / Eastrans Interconnect  (Flow rate of 20,000 for 9.4 hours)
7,800 Redelivered at FCV

We will be testing the compressor station tomorrow morning.  Please be advised
if the
compressor cannot flow at a sustained volume it will be shut down and the
remainder
of the gas delivered at Busby will be considered an "incremental sale."  If
you
have
any questions please call me at (713) 627-6202.

Thanks,
Chad Cass


Attached for you review is a first draft of a Purchase and Sale Agreement for
Project 20/20.

At the request of Northern Border, this draft was based on the Purchase and
Sale Agreement used by Northern Border and Enron to purchase the Big Horn
membership interests.  Since the Big Horn agreement was not executed until
the closing, it does not include any closing conditions and certain other
closing mechanics.  Because the letter of intent for Project 20/20 identifies
several issues that will require further negotiation with Northern Border, I
assumed we would follow the same approach for this transaction and negotiate
those issues with Northern Border and then execute the Purchase and Sale
Agreement at the closing.  If Northern Border now wishes to execute the
Purchase and Sale Agreement before closing, we will need to complete our
negotiations of the open issues and add the appropriate preclosing provisions
to this draft, including closing conditions.

Please call me with your comments to this draft.

Thanks, Hal

 - HOU_562951_5.DOC


Late Jan sounds great.  Meagan does have a couple of big things on the
weekend in January -- National Charity League Senior Presentation (big dance
that she and I are committed to help with), the Bearkadette Ball and a winter
party for Cotillion.  I believe that these are three weekends in a row,
January 6, 13 and 20th.  So the last weekend in January would work well (and
I will need a rest from formal affairs!).  Does that work for you?  And do
you want to do it on a Saturday or Sunday?  Saturday probably works better
for me, just so that I am back in Houston and doing laundry by Sunday
afternoon!!

"Cindy White" <cwhite@viviance.com> on 09/26/2000 09:46:52 AM
To: "Sally" <sally.beck@enron.com>
cc:
Subject: shower

Hi...

Talked to the little mother-to-be.  She said a shower would be grand.  She
has some big presentation mid-January.  How does late January sound to you.
Should we set a date now?  Am I turning into Mother?

Cindy


Please respond to Sivy on Stocks SIVY ON STOCKS from money.com
May 9, 2001

Aluminum shines

The economy should come back later this year, and classic cyclical stocks,
such as Alcoa, have already begun major upswings.

By Michael Sivy

Amid all the concern about technology stocks, many investors seem to have
forgotten that the traditional business cycle still exists. But while the
drop -- and the more recent recovery -- in tech has been the most dramatic
event in the stock market, companies in other sectors have felt the results
of the economic slowdown, too. In fact, many traditional cyclical companies
experienced a classic bear market that ended a few months ago -- and they
now appear to be in the first phase of a recovery that could last as long
as five years.

The biggest gains figure to be in industries that benefit both from
improving economic activity and from moderate increases in inflation. Chief
among these stocks are the producers of raw materials. Since the supply of
commodities can't change very quickly, prices are set largely by the level
of demand. As a result, an economic upturn can make commodities prices firm
up quite suddenly. Moreover, initial inflation pressures -- such as those
that have been reported in the past couple of months -- typically show up
in the prices of metals before they show up in manufactured goods and services.

Alcoa [AA] is a prime example of such a stock. The world's largest aluminum
producer, Alcoa's earnings hardly fell during the slowdown of the past nine
months. Growth is expected to revive and accelerate over the rest of 2001.
And next year, the company is projected to increase earnings more than 30
percent.

Alcoa's resilience has several sources. One has been aggressive cost
reduction. Alcoa has already trimmed annual costs by $1 billion and plans
to cut $1 billion more. In addition, the aluminum giant has been shedding
non-core assets, such as an alumina refinery in Australia and the Thiokol
propulsion business that it acquired through an acquisition. Over the next
couple of years, Alcoa should become a more focused and more profitable
company.

Despite all this good news, Alcoa's results have been held back by three
factors -- the general economic slowdown, the somewhat depressed aerospace
market and the West Coast electricity shortage, which has idled some
production capacity. All three, however, are about to improve. The economy
should be in a solid recovery by next year. The construction of commercial
aircraft should reach a peak in the next few years, thanks to new models
from both Airbus and Boeing. And power availability in the Pacific
Northwest will eventually recover as well.

The result will be an extraordinarily strong upswing in earnings that will
rival those of some tech stocks. Over the next five years, Alcoa's earnings
should increase faster than 15 percent annually. At $41.50, Alcoa is
trading at just about 20 times estimated earnings for the current year and
less than 16 times next year's projected results. That compares with an
average P/E of 18 over the past six years. For anyone looking to balance a
tech portfolio without sacrificing above-average growth, Alcoa is a perfect
choice.

###

Post your comments on Michael's column at:
http://www.money.com/depts/investing/sivy/index.html

To subscribe or unsubscribe to Sivy on Stocks, go to:
http://www.money.com/email/

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us know by e-mailing us at <no_transfer@money.com>.


pena - 1:30; Spurling @11:15 and D'Amato @12:00

11:15 D'Amato
12:00 Sperling
1:30 Pena meeting  - Tentative
3:30 Janel Guerrero

Flying up on company plane.


OPPS.  I registered twice.  I'm just taking up one seat that day!

Kay


Our Pleasure.  Anytime.

 -----Original Message-----
From: 	Robertson, Linda
Sent:	Wednesday, October 17, 2001 4:38 PM
To:	Brindle, John; Kean, Steven J.; Shapiro, Richard
Subject:	Testing

Most DC employees went to GW as recommended, although a few folks who had not been on the Hill decided to not to go.  Of the group who went to GW, several employees who had not been in the Hill for the last week were told by the doctor that they did not need to be tested.  The following employees were tested:  John Shelk, Pat Shortridge, Chris Long, Steve Burns, Allison Hamilton, Larry Decker, Carolyn Cooney, Carin Nersesian, and myself.  We were told to expect results in two days, although the doctors treating us expressed confidence that everyone would test negative.  Let me thank everyone for the terrific care and attention we received today.  DC continues to be an interesting place to be.


Tim, in the east power group and the gas groups, we are trying to build a
mid-market capability(deal flow, information and coverage) consistent with
the largest energy merchant in N.A..

Please see tha attached.  I would be curious to talk to you about your
structure, coverage functions and market building iniatives.

I recognize that you and your group have been the most effective and
proactive group in these areas for some time.  Is there areas where we could
be more aggressive or proactive?  Can I get you more resources to cover the
market more aggresively?

Lets discuss.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 06/09/2000
06:41 PM ---------------------------

	From:  Edward D Baughman                           06/07/2000 12:13 PM

To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc: Kevin M Presto/HOU/ECT@ECT
Subject: East Power Mid-Market Org. Chart

Dave & John:

As requested, the attached organization chart lays out the MM commercial
teams including regulatory experts. Please let me know if you have any
questions.

Regards,  Ed


-----Original Message-----
From: Tim Sinyak [mailto:tsinyak@Salvagesale.com]
Sent: Monday, May 07, 2001 2:58 PM
To: 'scottsmith@masterword.com'
Subject: FW: Working in a cubical!!!

>  -----Original Message-----
> From:  Peter Arshi
> Sent: Monday, May 07, 2001 2:55 PM
> To: Peter Arshi
> Subject: FW: Working in a cubical!!!
>
>
>
>  <<place.mpeg>>

 - place.mpeg


what does the siting bill provide for?

Mona L Petrochko@EES
08/29/2000 04:38 PM
To: Douglas Condon/SFO/EES@EES, Martin Wenzel/SFO/HOU/EES@EES, James M
Wood/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Greg Cordell, Roger Yang,
Edward Hamb/HOU/EES@EES, Peggy Mahoney/HOU/EES@EES, Karen Denne@Enron, Mark
Palmer/Corp/Enron@ENRON
cc: James D Steffes/HOU/EES@EES, West GA, Richard Shapiro/HOU/EES@EES, Steven
J Kean/NA/Enron@Enron, Mary Hain@Enron

Subject: Senate passes Alper/Davis Bill 30-0

AB 265 passed through the Senate a few minutes ago.  It now must go to the
Assembly, where there is still a lot of uncertainty about what changes the
Assembly will want to the bill.  We still haven't seen the latest
"republican" language.

Also, AB 265 is double joined to AB 970, controversial siting bill.  To the
extent one or the other fails, they both fail.

AB 265 (Davis/Alpert) has:

1.  a 6.5 cent/kWh energy rate cap through 2002, with potential extension
through 2003.
2.  Applicable to residential, small commercial (up to 100 kW)
3.  Opt-in provision for large industrial/agricultural customers at 6.5 cents
with an annual true-up
4.  Use of revenues from utility generation assets (including PPA) to offset
undercollections.
5.  Reasonableness review for San Diego G&E

Will update with more information as available.

No news about SCE.


See the attached order on Tw's negotiated rate proceeding with USGT.  More data requests. . .thanks, Maria
-----Original Message-----
From: Diane Hess [mailto:dhess@gbmdc.com]
Sent: Friday, November 30, 2001 3:14 PM
To: Miller, Mary Kay; Pavlou, Maria; Darveaux, Mary
Subject: RP97-288

Please see attached from Frank Kelly.


PLEASE NOTE: Attached are the ComEd and TVA/SERC hourly indexes for March 8.

Bobette Riner
Director of Indexes
TradersNews Energy
713/647-8690
FAX: 713/647-7552
cell: 832/428-7008
bobette.riner@ipgdirect.com
http://www.tradersnewsenergy.com

 - tvahrly030801.doc
 - comedhrly030801.doc


Susan D. Flynn
Enron North America Corp.
1400 Smith Street, EB3806
Houston, Texas  77002
Phone:  713-853-0975
Fax:  713-646-3490
----- Forwarded by Susan Flynn/HOU/ECT on 07/05/2000 08:28 AM -----

	Florencia Groppo <florencia.groppo@hds.com.ar>
	07/03/2000 08:06 PM
	Please respond to "florencia.groppo@hds.com.ar"

		 To: "'Nancy Muchmore'" <nancy.muchmore@enron.com>
		 cc: "'Susan Flynn'" <Susan.Flynn@enron.com>
		 Subject: EDIDE - ADR

Dear Nancy,
 In connection with the mail I sent you on June 24, I need to know in what
status is the deposit  of the ADRs in the account of EDIDE and the
conversion into TGS shares.
 Best regards.
 Florencia Groppo


Lunch on Friday sounds great.

Mat


We may be suing them.


I didn't have an opening that looked quite right for Dan's experiece.  I have, however, given has resume to Tom Gros who has been leading CommodityLogic and is also paired with Beth Perlman and me on evaluating the potential for commercializing our mid and back office services.  In this effort, it is likely that Tom will to put together a marketing team.  I suggested that he consider Dan for one of those positions.


Political/Security Update:

	Headlines

?	Taliban to declare "Jihad" against the US if Afghanistan targeted; heightening expectations for retaliatory attacks against US targets.
?	Bush stokes unease among allies and international press with call for Bin Ladin to be brought to the U.S., "dead or alive."
?	Taliban offers to deliver Bin Ladin to a third country, likely a Muslim country.  Offer almost certain to be rejected by Bush Administration.
?	FBI arrests five additional suspected hijackers; raising expectations for further attacks
?	U.S. officials to meet with Saudi Foreign Minister in Washington; questions to be asked about involvement of sons of Saudi diplomat in attacks

	Analysis

?	Efforts by the Bush Administration to build a multilateral coalition against terrorism will have to address two key foreign policy issues: Iraq and the Israel-Palestinian peace process.  Missteps in either area could weaken the emerging multilateral coalition against terrorism and have important implications for the oil market.
?	For a multilateral approach to work in the long term, the Administration will need to provide countries with incentives to cooperate in the anti-terrorism campaign, especially in places such as the moderate Arab states where dismantling the networks suspected of supporting terrorist groups will involve moving against internal targets. Moreover, the Administration will need to deal with the root causes that provide willing cadres to extremist groups, especially economic problems and political disenfranchisement. Dealing with all of these factors will necessitate US financial support as well as greater US imagination in dealing with lingering regional issues.

Policy towards Iraq.

?	Washington appears to be resisting attempts to broaden its attacks to include Iraq at this point, despite internal and external pressure for such action. This will be a leading indicator, assuming that no firm proof of Baghdad's involvement in the bombings is uncovered. A more aggressive US approach towards Iraq has seemed likely since July when Moscow blocked the introduction of "smart sanctions" during the last rollover of the Oil-for-Food program.
?	However, given regional sensitivities in the Arab world to Washington's Iraq policy and the interests that states such as Russia and to a lesser extent China have in the country, the Bush Administration cannot have both a genuinely multilateral approach to anti-terrorism and an unilateral hard-line Iraqi policy. It will need to chose between one or the other.

Israeli-Palestinian peace process.

?	Without an equitable solution to this conflict, most experts believe that the Bush team's anti-terrorism coalition is doomed to failure.
?	Initially, at least, the signs are not good: the Sharon government in Israel has been resistant to US pressure to rein in its aggressive policies towards the Palestinians
?	Washington's willingness to confront Israel on this issue will give a clue to its willingness to stay the anti-terrorism course and hold its broad coalition together.

Market Update:

US Equities:
?	Next 48 hours seen as critical after yesterday's losses and Fed cut.  8750 on Dow seen as key resistance point: looking for decisive close below 8750, not just intra-day test.  Downside risk seen to 7500 if the 8750 area doesn't hold: 7500 key b/c it was the nadir of Asian crisis.
?	Two Wildcards: Company Warnings: Will the torrent continue?  (Slight positive coming out of Oracle); War: Issue remains scope, duration.
Asia Overnight:
?	Bank of Japan, with little headline opportunities to ease, but after much speculation and criticism did cut its discount rate 15bps to .1% from .25% late in Tokyo today.  The Nikkei closed up 175.47.
Europe:
?	Equities: European markets are down (as of 0630 CDT) uniformly around 2% but most of the losses were at the opening with stability since.
?	Currencies: US$ steady in European trading with marginal gains against most currencies.  There may be uncertainty about the $ but conversations over the last two days uniformly confirm that there is no renewed confidence in the Euro.  The Swiss Franc continues to be the biggest beneficiary of the crisis.
?	Central Banking:  The Bank of England MPC decided to cut this afternoon, but only 25bps: less and later than expected.  The monthly inflation numbers complicated the picture with a higher than expected rise, rising +.4% in Aug and now +2.6% annual, rising above government target of +2.5% for the first time in 28 months.
?	European airlines: Mirroring American counterparts' woes in today's trading: KLM issued a profit warning, Virgin cut jobs, Alitalia appealed for government assistance; all airlines are off in trading , though not as badly as in US

Infrastructure

	Nuclear Power

?	Delegates from 132 nations opened the annual International Atomic Energy Agency conference Monday with calls for tighter security - and admissions that little can be done to shield a nuclear power plant from an airborne assault.
?	The architects of the world's nuclear plants designed them more with ground vehicle - not airborne - attacks in mind.
?	The buildings that house nuclear reactors themselves are far smaller targets than the Pentagon posed, and it would be extremely difficult for a terrorist to mount a direct hit at an angle that could unleash a catastrophic chain of events
?	U.S. experts are proposing the installation of anti-aircraft weaponry manned by military personnel who would be stationed outside the nation's 104 commercial reactors

Airlines

Attorney general John Ashcroft assigns federal agents to domestic commercial flights; said law enforcement officers believe there is a continuing threat because "associates of the hijackers that have ties to terrorist organizations may be a continuing presence in the United States."


Have you had a chance to review the credit comments for these two?

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


Daily Blessing
57 cents
http://www.daily-blessings.com/57.htm

First Christmas in Heaven
http://www.daily-blessings.com/ch48.htm

I found a really neat site that I hope you'll all check out.  With the
holidays coming up it has a great idea for that person you don't know what to
get...but someone you think is the greatest.  It's called Unsung Hero and I
know we all have one of those in our lives..check this out and see what they
have to offer.  I've got mine!!

http://www.daily-blessings.com/cjunsunghero.htm

Hundred's of you have taken advantage of the free download available for the
Work From Home folks.  If you haven't checked it out yet...you should!!

http://www.daily-blessings.com/cjworkfromhome.htm

<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>
* To remove yourself from this mailing list, point your browser to:
http://inbound.postmastergeneral.com/remove?dailyblessings:10
* Enter your email address (judy.hernandez@enron.com) in the field
provided and click "Unsubscribe". The mailing list ID is "dailyblessings:10".

OR...

* Reply to this message with the word "remove" in the subject line.

This message was sent to address judy.hernandez@enron.com
X-PMG-Recipient: judy.hernandez@enron.com
<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>


My adds to you list are (1) the "2-Train" contract for Pastoria (7FAs, HRSGs
& other ancillary equipment) and (2) the "1-Train" contract for Pastoria
(agreement in principle with final, full-blown contract nearing completion).
--  Regards,
Karen

To: Kathleen Clark/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Barton
Clark/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT, Scott
Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, David K
Bargainer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brian D
Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cheryl
Costa/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peggy Banczak/HOU/ECT@ECT, Karen E
Jones/HOU/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT,
davidlu@nepco.com
cc: Sheila Tweed/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@ENRON
Subject: WestLB

To all,

As you know, Enron is refinancing the equipment we bought through WestLB.
I've been asked to compile a list of all the equipment purchased through
WestLB, and the change orders related to same.  All I know about is the LM
deal with GE (with 1 executed change order, approximately 4 or 5 pending) and
the ABB transformer deal (with one CO pending).  Please let me know if you
are aware of any others.

Thanks,

Kay


ive got a 50 yd line seat for the game this weekend with your name on it pal!
what do you think?

-----Original Message-----
From: Luis Mena [mailto:luismena@yahoo.com]
Sent: Tuesday, October 02, 2001 2:07 PM
To: nick schuneman; Bass, Eric; Elias Lira; Italo Zarate
Subject: Fwd: FW: True Orange E-Mail/Fax #98

--- "Graf, Dustin KWP" <dgraf@KennedyWilson.com>
wrote:
> From: "Graf, Dustin KWP" <dgraf@KennedyWilson.com>
> To: "Boykin, Michael KWP"
> <mBoykin@KennedyWilson.com>, "Oddo, Chris KWP"
> 	 <coddo@KennedyWilson.com>, "Gamel, Chris KWP"
> <cgamel@KennedyWilson.com>,
> 	'Adam Turner' <aturner75@hotmail.com>, 'Luis Mena'
> <luismena@yahoo.com>,
> 	"'ryan.wisnieski@accenture.com'"
> <ryan.wisnieski@accenture.com>,
> 	"'Ryan_Franks@Dell.com'" <Ryan_Franks@Dell.com>,
> "'Tucker, Michael'"
> 	 <michael.tucker@gwl.com>, "'vetter1975@yahoo.com'"
> 	 <vetter1975@yahoo.com>, "Humphrey, Randy KWP"
> 	 <rhumphrey@KennedyWilson.com>, "Eller, Steven D.
> KWP"
> 	 <SELLER@KennedyWilson.com>
> Subject: FW: True Orange E-Mail/Fax #98
> Date: Tue, 2 Oct 2001 11:13:35 -0700
>
>
> -----Original Message-----
> From: Jeff Boldrick [mailto:jboldrick@deloitte.com]
> Sent: Tuesday, October 02, 2001 9:57 AM
> To: 'betamu@topica.com'
> Subject: FW: True Orange E-Mail/Fax #98
>
>
>
>
>
> Jeffrey D. Boldrick
> Business Development Coordinator - SE Region
> Deloitte & Touche LLP
> (404) 220-1084
>
> -----Original Message-----
> From: TruOrange@aol.com [ mailto:TruOrange@aol.com
> <mailto:TruOrange@aol.com> ]
> Sent: Monday, October 01, 2001 10:12 PM
> To: TruOrange@aol.com
> Subject: True Orange E-Mail/Fax #98
>
> True Orange E-Mail/Fax Service
> Volume 9, E-Mail/Fax #98, Monday, October 1, 2001
> Jerry Scarbrough's True Orange, P. O. Box 26530,
> Austin, Texas 78755 - Phone
>
> 512-795-8536
>
> Horns Favored by 3 Over Sooners; Game at OSU Set for
> 11:30 A.M. on Fox TV
>
> Texas is favored by three points over Oklahoma for
> their 2:30 p.m. showdown
> in the Cotton Bowl Saturday. I was amazed when I
> looked at five Las Vegas
> lines and saw all of them had the Longhorns as the
> favorite. Oklahoma is the
>
> defending national champion, has a higher ranking,
> has the nation's longest
> winning streak and I don't want to even get into how
> bad they put it on the
> Horns last year.
> Let's hope the bookies know something. I think it
> will be a great game and I
>
> think the Longhorns have a great chance to win, but
> I can't see making the
> Horns a pre-game favorite.
> A big key will be to hang tough early. When the
> Longhorns won in 1999, they
> had to overcome an early 17-0 Oklahoma lead. In last
> year's blowout, the
> Sooners also jumped out to a big early lead and they
> kept on pouring it on.
> Texas has a big offensive line and a big running
> back and the Longhorns
> might
> be able to wear Oklahoma's defense  down if the
> Horns can be physical for
> four quarters. That's what Kansas State did last
> week and the Wildcats came
> back from a 35-14 deficit and almost pulled it out.
> Texas needs to avoid falling behind and then try to
> pull away in the late
> stages because Oklahoma is pretty thin in the
> defensive line. The starters
> are very good, but the backups are untested.
> * * * *
> Coach Mack Brown, a former assistant coach at
> Oklahoma, had a funny story to
>
> tell at his Monday press conference. He said when he
> took the job at
> Oklahoma, he asked Sooner coach Barry Switzer who OU
> had to beat to keep the
>
> coaches from getting fired. He said Switzer said
> Texas. He said he asked
> about the Big 8 foes, such as Nebraska, and Switzer
> repeated, "Texas."
> When he came to Texas as the head coach, he said he
> asked some of the top
> Longhorns who he needed to beat to keep his job.
> "Everybody," he said they
> replied. He said he thought they were joking and
> smiled at them, "but they
> didn't smile back."
> * * * *
> The Longhorns' game at Oklahoma State next weekend
> will have an 11:30 a.m.
> kickoff and will be the Fox Syndication Big 12 Game
> of the Week. If you live
>
> in Texas or Oklahoma and in most other states, you
> should be able to get the
>
> game, but check with your cable company to make
> sure.
> * * * *
> RECRUITING NOTES:  Nine of the recruits on my 25-man
> "difference-maker" list
>
> have committed, and Texas leads the way with five
> pledges. The future
> Longhorns are  No. 4 DT Earl Anderson of San Marcos,
> No. 11 LB Garnett Smith
>
> of Arlington Lamar, No. 17 LB Brian Robison of
> Splendora, No. 23. OL Brett
> Valdez of Brownwood and No. 24 QB Billy Don Malone
> of Paris North Lamar. A&M
>
> is next with two pledges from No. 10 Athlete Reggie
> McNeal of Lufkin and No.
>
> 20. Athlete L'Tydrick Riley of Crockett. The other
> two on the list who are
> committed are No. 18 Center Bob Morton of McKinney
> to Notre Dame and No. 25
> CB Michael Hawkins of Carrollton Turner to Oklahoma.
> The Longhorns also have
>
> great shots at No. 1 DT Rodrique Wright of Alief
> Hastings, No. 2 QB Vincent
> Young of Houston Madison, No. 3 DE Larry Dibbles of
> Lancaster, No. 6 RB
> Albert Hardy of Galena Park, No. 7 MLB Aaron Harris
> of North Mesquite, No.
> 13
> OL Justin Blalock of Plano East and No. 14 DT Marco
> Martin of Mesquite. They
>
> also have fair shots at No. 5 DE Travis Leitko of
> The Woodlands, No. 8
> Athlete Edorian McCullolugh of North Garland, No. 12
> TE Eric Winston of
> Midland Lee, No. 19 CB Ricky Wilson of Port Arthur
> Lincoln and No. 22
> Athlete
> DaBryan Blanton of Forney. That leaves only four of
> the 25 who are long
> shots
> or no shots for the Horns. No. 9 OLB Marvin Byrdsong
> likes Texas, but has
> some academic issues, as does No. 21 RB Paul Mosley
> of Austin Anderson. No.
> 15 Safety Vickiel Vaughn of Plano West has no
> interest in Texas. The rem
> aining "difference maker" is No. 16 WR Robert
> Timmons of Flower Mound
> Marcus, who is interested in the Horns, but who has
> been in trouble quite a
> bit. If he avoids suspensions and other trouble for
> the rest of the season
> and if his coach gives him a strong recommendation,
> he could wind up getting
>
> an offer. But the odds are that he will commit to
> another school in the
> meantime.
> * * * *
> My next e-mail/fax will be whenever events warrant.
> * * * *
> The True Orange E-Mail/Fax Service includes  at
> least  99 fax/e-mails  a
> year and costs $99 ($79 by E-Mail). The True Orange
> Newsletter includes  26
> newsletters and is published weekly during football
> season and twice monthly
>
> during most of the other months. It costs $45. Save
> by subscribing to both
> for $130 (or $110 if you take the faxes via E-Mail
> or $99 if you take both
> services via E-Mail). Send check  to address at the
> top of page. I also
> update my 900 number - 1-900-288-8839 - daily with
> recruiting news. My
> E-Mail address is: truorange@aol.com.
> This message (including any attachments) contains
> confidential information
> intended for a specific individual and purpose, and
> is protected by law.  If
> you are not the intended recipient, you should
> delete this message.  Any
> disclosure, copying, or distribution of this
> message, or the taking of any
> action based on it, is strictly prohibited.
>
>
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All:  I received a phone call from Gary Ordway asking when he could receive
draft documentation.  Has anyone prepared credit?  Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 05/23/2000 01:17 PM -----

	Sara Shackleton
	05/10/2000 02:25 PM

		 To: Tanya Rohauer/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT
		 cc:
		 Subject: Pacificorp Power Marketing ("PPM")

All:  I received a request from PPM to send our form of ISDA to document
trading.  We previously sent a draft to these guys on 1/13/99.  The only
difference is that they now want to trade and the Scottish Power acquisition
is done.  The contact is:

Gary Ordway
830 N.E. Holladay
Suite 200
Portland, Oregon  97232


1 of
D. Autry  31
M. Pittman  31

2 of
H. Moore 31
D. Jackson 21
J. Graham 11


(See attached file: BTM Chain Store Sales.pdf)

      Carr Futures
      150 S. Wacker Dr., Suite 1500
      Chicago, IL 60606  USA
      Tel:  312-368-6149
      Fax:  312-368-2281
      soblander@carrfut.com
      http://www.carrfut.com
 - BTM Chain Store Sales.pdf


I received word late last week that Dave Gorte (works for Rick Buy) is
setting up a meeting to discuss the process under which EES will have its
deals considered by RAC.

I think that we should be in the meeting (and will probably be invited).
Marcia informed me that this will take place sometime this upcoming week
(when I am in South America).  I am not sure who they will invite from Govt
Affairs.

I think that we should argue that the following package of information be
pre-assembled and provided to Govt Affairs when EES brings a deal to RAC:

1. List of each position by utility and by rate class within the deal

2. Regulated Rate forecasts by utility and by rate class for each position in
the deal.  Not just the "scalars" but also the absolute $/Mwh.

3. For each impacted position, the key assumptions contained within the
curves -
 a. deregulation date (if any)
 b. stranded cost roll-off date (if any)
 c. standard offer end date (if any)
 d. other rate reduction dates and amounts (if any)

4. Revenue side or Cost side contract terms that impact the deal (for
example, movement in pricing terms given some event)

I also think that we should have at least 3 working days to review this
package.

If anyone can think of anything else that would ease our analysis, I would be
game.

Thanks.

JDS


This looks good to me.  We'll track down Janet if that is ok with you.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/13/2001 10:36
AM ---------------------------

	From:  Kathleen Carnahan                           02/12/2001 01:26 PM

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

Subject: Re: enovate appointments

Kay,

The enovate appointment looks fine, but I made minor changes to the signature
block if that is okay.

The enovate appointment looks fine if Janet can still sign as Managing
Director of ENA.

Kay Mann
02/12/2001 12:47 PM
To: Kathleen Carnahan/NA/Enron@Enron
cc:

Subject: enovate appointments

Hi.

This is one of my top priorities.  I think it looks fine.  What do you think?

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/12/2001 12:45
PM ---------------------------

Kay Mann
01/30/2001 12:04 PM
To: Kathleen Carnahan/NA/Enron@Enron
cc:

Subject: enovate appointments

Let's discuss.
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/30/2001 12:04
PM ---------------------------
From: Gregg Penman on 01/26/2001 01:16 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: enovate appointments

Kay - have you had any chance to give this some thought?  We are about to
take some actions that require Board approval so I would like to get this
finalized. Let me know.  Also, I am trying to get back on the Intercompany
loan stuff.  I am going to be in Houston next week and have Wednesday pretty
open.  Are you going to be in town?  If so, maybe we could get together for
half hour or so to go over the loan stuff.

Thanks - Gregg
----- Forwarded by Gregg Penman/Corp/Enron on 01/26/2001 01:14 PM -----

	Gregg Penman
	01/17/2001 08:41 AM

		 To: Kay Mann/Corp/Enron@Enron
		 cc:
		 Subject: enovate appointments

It looks like your memory serves you well.  Section 6.8.2 allows the Managing
Member to designate officers of enovate.  I revised the original appointment
declaration you prepared to reflect Laura as VP.  Take a look at it and let
me know if it works.  If so, I will probably ask you to have Janet execute it
at your convenience.

Thanks - Gregg