Holli & Diana,

BPA is including Excess Federal Power and or Surplus Firm Power on their confirmations when BPA sells, however BPA is not including the special language that was faxed to us by Holli. Here are the following deal numbers:

EPMI		BPA		Excess Federal Power/Surplus Firm Power
648603		24291		Excess Federal
648423		24297		Excess Federal
654209		24302		Excess Federal
646739		31402		Surplus Firm Power
631718		24247		Excess Federal
644252		24266		Surplus Firm Power
637686		24258		Excess Federal

I have not sent these confirms signed back to BPA yet. Are these confirms o.k. for signature without the language, or do you want me to hold off until the issue is worked out with BPA?

Regards,

Kimberly
713-853-3031


FYI

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/17/2000
12:48 PM ---------------------------

Tanya Tamarchenko
01/17/2000 09:27 AM
To: Vince J Kaminski/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT, Debbie R
Brackett/HOU/ECT@ECT, Jonathan Le/HOU/ECT@ECT, Ronnie Chahal/HOU/EES@EES, Alex
cc:
Subject: Re: brainstorming Full Requirements Deals modeling

Hi, everybody,
you are invited to meet at 3:30 tomorrow, 1/18/00 in 1938 (Research area) to
discuss
Full Requirements Deals modeling.

See you there,

Tanya.


The information was sent to the FPSC staff on Tuesday, March 27, 2000.  Tom
did review the document prior to it being sent to the FPSC.  Gulf added a
small paragraph regarding the outages experienced on our 230kV system.  We
do not have access to AEC's information.  Thus, far we have seen no filings
from AEC or WFEC.

Russell A. Badders

----- Original Message -----
From: <Gerald.Nemec@enron.com>
To: <rab@beggslane.com>
Cc: <Mark.Knippa@enron.com>; <Chris.Hilgert@enron.com>; <bill@katzlaw.com>;
<JASTONE@southernco.com>
Sent: Wednesday, March 28, 2001 2:02 PM
Subject: Re: Staff Question re: 115/230

Russell,  I reviewed this with our business guys and they were fine with
what you represent here.  We did not check this with Tom Balcerowiz and he
needs to take a look at it.  Have your technical people gotten with Tom yet
on any of these issues?  If not then we can run it down on this end.

Our only concern was that reliability between Gulf's 230 kv system and
AEC's 115 kv system was not addressed.  It was our understanding that this
was a question of the PSC staff.  Are there plans to provide any
information concerning this item, or is no information available from AEC
for such assessment?

Any word concerning WFEC's response to our petition or any filings they
have made with the PSC?

                    "Russell A.
                    Badders"             To:     <Gerald.Nemec@enron.com>
                    <rab@beggslan        cc:
                    e.com>               Subject:     Staff Question re:
115/230

                    03/21/2001
                    09:35 AM

Please review the attached document. Mr.  Bryant and possibly Tom on your
end may want to see this before it goes. I  hope to transmit this to PSC
Staff Thursday March 21, 2001.   Thanks
Russell
(See attached file: staffissue.doc.doc)


Thanks for your help.  This sounds like a good fit for us.  The only issues I
have or need addressed is for this file to have the same name and have the
curves in the same cells so that we can just link to the file in our curve
file.  The other concern is that the data be there by 2:30 p.m.
everyday(prices for the next gas day).  Thanks so much for your help.
PL


Start Date: 3/5/01; HourAhead hour: 8;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030508.txt


Attached is The New Power Company's Notice of Final Settlement amount
pursuant to the Master Netting Agreement.  We have also sent hard copies of
these materials via Federal Express overnight delivery for receipt on
Thursday, January 3, 2002.

(See attached file: Notice of Final Settlement Amount.doc)(See attached
file: Final Settlement Sheet.xls)

Supporting documentation:

(See attached file: TAB1_EPMI_Power.xls)(See attached file:
TAB2_EES_Power.xls)(See attached file: TAB3_EES_Gas.xls)(See attached file:
TAB4_ENA_Gas.xls)(See attached file: TAB5_ENA_ISDA.xls)(See attached file:
TAB6_EPMI_ISDA.xls)(See attached file: TAB7_EES_ISDA.xls)(See attached
file: Tab 8.xls)(See attached file: Tab 9.xls)(See attached file: Tab
10.xls)


Dipak,

As you requested, here are the West Desk's forecasts for California Reciepts minus instate production by month.  They are broken down into delivery points onto Socal and PGE's system.  Please let me know if you have any questions.  Thanks.

Mat


I received an inter-department delivery for you.  I am placing it in the mail to go to you.  The location on this inter-department envelope says EB3880.  Is that correct?


Errol,

Could you please make the following adjustments in your NG Price DPR's, in
order to correct the NGP&L January problem? In the 012001NG DPR, reduce the
liquidations in Roll 4 by $2,898,246. This should bring your total hedge
management number on your report page to $109,744,754, which will make the
DPR tie to the NGP&L for January. Then, in your February DPR take an income
adjustment of $2,898,246. You can add this adjustment to the PMA file that I
sent you last week. If you make these two adjustments, it should get us back
to where we need to be for the NGP&L tie out. Let me know if you have any
questions.

Thanks!

Shannon


FYI!

Shirley

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 09/15/2000
02:43 PM ---------------------------

Barbara Ostdiek <ostdiek@rice.edu> on 09/15/2000 02:39:53 PM
To: ostdiek@rice.edu
cc:
Subject: RICE/ENRON SEMINAR SERIES

Jones Graduate School Research Seminar Series in Finance
Sponsored by Enron Corp.

Jeff Pontiff
University of Washington

will give a seminar at the Jones School on Friday, September 22,?

&Market Valuation of Tax-Timing Options: Evidence from Capital Gains
Distributions.8

The seminar will begin at 3:30 in Room 115.

A Word file with the paper is available through the seminar website
http://www.ruf.rice.edu/~jgsfss/.

There have also been several updates to the schedule in the last week or ten
days.


Hi Cath

Can you do me a favour?  Sally is proposing Eugenio for the Risk Manager role
in the Japan office.  Joe Hirl has asked me to track down his most recent
performance reviews.  Can you get hold of copies asap and fax them to me (63
2 9229 2352)?

Thanks and regards

Phil


Here is my mark-up.  Please make sure that it is factually correct.

 -----Original Message-----
From: 	Studebaker, James
Sent:	Wednesday, October 17, 2001 3:27 PM
To:	Corman, Shelley; Sawyer, Lisa; Medeles, Gerry; Betancourt, Ramona ; Matheson, Maggie; Buchanan, John
Cc:	Blair, Lynn; Nacey, Sheila
Subject:	Draft - Customer letter Schd Qty report

Shelley,

Attached is a draft of the letter concerning the reinstatement of the old scheduled quantities report.

Jim

			 << File: CustomerLetterSchdQtyReports10-17-01.doc >>


Donna,

Sorry to hear about it. I shall stop by tomorrow  to say hello.
It's too bad: so many good friends of mine will be leaving the comapny.

Vince

	Enron North America Corp.

	From:  Donna Dye                           02/28/2000 12:01 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: no job

You have probably heard that our group is being broken up. Some people were
put in other groups but I was not fortunate enough to be one of those
people.  HR will try for the month of March to find a position for me within
Enron but that is not likely to happen.

Tomorrow is my last full day here - I will be in and out for the month of
March.

I am informing nice people that I like and you are one of those.


Mike Triem
NA IPAQ & Displays Business Planning
281.927.8586

-----Original Message-----
From: Brian Gambrell [mailto:BGambrell@corestaff.com]
Sent: Wednesday, October 11, 2000 9:18 AM
To: 'tanya.l.weisinger@us.arthurandersen.com'; 'eric geiger'; 'Jacob
Crawford'; 'Laura Gambrell'; 'lgambrell@sammons-parker.com'; 'Steve';
'Victor Mamich'
Cc: 'bg_jg@compuserve.com'; Triem, Mike; 'anthony_prado@agfg.com'
Subject: Just some info before you vote

> >    DO WE REALLY NEED ANOTHER PATHOLOGICAL LIAR FOR PRESIDENT?
> >
> >     FICTION: Al Gore recently claimed that his mother-in-law pays more
> >     than $100.00 for the arthritis medicine Lodine; and he claims that
> > his
> >    dog  takes the same medicine for $37.00, claiming "This is wrong!"
> >    FACT: Gore's aides were quick to apologize for Gore's lie, saying
the
> >
> >    information was from a Democratic study. Washington newspapers also
> >    reported that Al Gore wasn't even sure his mother-in-law was taking
> > any
> >    medication and wasn't even sure she had arthritis. And, he doesn't
> > know
> >    anything about his dog's "arthritis".
> >
> >    FICTION: Al Gore said his father, a senator, was a champion of
> >    civil rights during the 1960's.
> >    FACT:  Gore's father voted against the landmark Civil Rights Act of
> >    1964 and was a racist who was fond of using the "N" word.
> >
> >    FICTION: Al Gore said that his sister was the very first person to
> > join
> >    the Peace Corps.
> >    FACT: By the time Gore's sister joined the Peace Corps, there were
> >    already over 100 members.
> >
> >    FICTION: The same sister died of lung cancer years later and Gore
> >    vowed to never accept tobacco money as campaign contributions.
> >    FACT:  Just four years later, while campaigning for office, Gore
> >    spoke to the tobacco industry and said he was one of them because
> >    "I've planted it, raised it, cut it, and dried it." He raised over
> > $100,000 in
> >    "reported" contributions.
> >
> >    FICTION: While running for office, Gore's campaign literature
claimed
> >
> >    he was a "Brilliant Student".
> >    FACT: Washington newspapers said he barely passed Harvard and
> >    consistently earned D's and C's.
> >    FICTION: Gore claims an extensive knowledge of law as a result of
> >    his extensive study at law school.
> >    FACT: Al Gore dropped out of law school.
> >
> >    FICTION: Gore claimed that his knowledge of God and spirituality
> >    came to complete fruition while "finishing" divinity school.
> >    FACT:  Al Gore dropped out of divinity school.
> >
> >    FICTION: Al Gore claimed responsibility for inventing the Internet
> >    in the 1990's.
> >    FACT : Shocked scientists were quick to speak out, explaining that
> >    the Internet had been in widespread use by government and
educational
> >
> >    institutions since the early 1970's.
> >
> >    FICTION: Al Gore claimed the book "Love Story" was based on his
> >    life and Tipper's.
> >    FACT: Author Erich Segal called a press conference to deny his
claim.
> >
> >    (Couldn't he at least lie about a love story where his sweetheart
> >    doesn't die?"
> >    FICTION : Gore claimed that as a reporter for a Nashville
> >    newspaper, his stories led to the arrests of numerous corrupt
> > criminals.
> >    FACT: He later apologized for his claim and actually said it was
> >    untrue (Also known as lying).
> >
> >    FICTION: Gore claims to increase diversity in the staff that
> >    follows him daily, especially among blacks.
> >    FACT:  Black members of the Secret Service are suing because they
> >    claim they are not being promoted to positions guarding the
> > Vice-President.
> >    FICTION: Al Gore said he was the first to discover the Love Canal
> >    nuclear accident.
> >    FACT: The incident was already discovered, being investigated, and
> >    covered widely in the press for many months before Gore was aware of
> > it.
> >    FICTION: Gore said just recently that if elected president, he
> >    would put harsh sanctions on the sleazy producers of Hollywood's
> > extreme
> >    sex and violence.
> >    FACT:  Just six days later, Gore attended a fundraiser by
> >    Hollywood producers and radical gay activists where he told them
that
> > he
> >    would only pretend to "nudge them" if elected. He raised over $4
> > million.
> >    FICTION: Al Gore said he built his Tennessee home with his bare
> > hands.
> >    FACT : Totally false!
> >
> >    FICTION: Al Gore says parents should not have a choice between
> >    private and public schools because public schools are far better.
> >    TRUTH : Al Gore attended private school and he has sent his
> >    children  to private schools.
> >
> >    FICTION: Al Gore remembers his mother lulling him to sleep as a
> >    baby by singing the popular ditty, "Wear The Union Label".
> >    FACT: The popular ditty was created by the unions when Gore was 27
> >    years old.
> >    FICTION: Al Gore claimed to co-sponsor the McCain-Feingold
> >    Campaign Reform Act.
> >    FACT:  The Act was not sponsored until he had been out of office
> >    for over a year.
> >
> >    FICTION: Al Gore claims to be instrumental in keeping gas prices
> >    low.
> >    FACT: Gore has voted on numerous occasions to raise the tax on
> >    gasoline. In his book "Earth In The Balance" Gore claims that the
> > nation's
> >    Number One enemy is the internal combustion engine. (That's the
motor
> >
> >    in your vehicle that gets you to work and takes your kids to school)
> >
> >    FICTION: Gore pretends to champion the rights of poor women to be
> >    tested regularly for breast cancer with the most modern technology.
> >    FACT: While giving a speech on the subject in September, Gore
> >    didn't know what a mammogram was.
> >    FICTION: AL Gore promised Florida's senior citizens that they
> >    would finally have low-cost drugs with no interference from
> > government.
> >    FACT: Gore's plan calls for the creation of a huge federal agency
> >    that would tell you which doctor you are allowed to see in order to
> > get
> >    the "special rates".
> >
> >    FACT: Al Gore told NBC's Lisa Meyers that he had never told a lie.
> >    When Meyers pressed harder, "You've never told a lie?!" Gore said,
> > "Not
> >    that I know of." SOUND FAMILIAR?
> >    Election Day is ticking away. E-mail this to as many people as
> > possible
> >    or we will be living in an Al Gore fantasyland.
> >    > >
> >    > >
> >    > >
> >    > >
> >    > > > > Reprinted from the Internet News Bureau article "Al Gore's
21
> > Lies"
> >    > > > >
> >    > > > >  DO WE REALLY NEED ANOTHER PATHOLOGICAL LIAR FOR PRESIDENT?
> >
> >
> >
> >
> >
>
>
> SSgt Espinoza A.A.
> ITC/Training
> DSN 678-6961
>


FYI.
----- Forwarded by Alan Aronowitz/HOU/ECT on 01/09/2001 06:20 PM -----

ppantano@mwe.com@mwe.com on 01/09/2001 04:53:57 PM
To: alan.aronowitz@enron.com
cc: limor.nissan@enron.com, alfred.pennisi@enron.com
Subject: Great News

Greetings:

     Bob Paul, the General Counsel of the CFTC, will be joining our Firm later
this month.  Bob was intimately involved in shepherding the Commodity Futures
Modernization Act through Congress.

     Regards, Paul

Paul J. Pantano, Jr.
McDermott, Will & Emery
600 13th Street, N.W.
Washington, DC 20005
Ph:    (202) 756-8026
Fax:  (202) 756-8087
Email:  ppantano@mwe.com

***This message is a PRIVILEGED AND CONFIDENTIAL communication.  If you are
not
the intended recipient, please do not read, copy, or use it, and do not
disclose
it to others.***

******************************************************************************
*******

This message is a PRIVATE communication.   If you are not the intended
recipient, please do not read, copy, or use it, and do not disclose it to
others.  Please notify the sender of the delivery error by replying to this
message, and then delete it from your system.  Thank you.
******************************************************************************
*******

For more information on McDERMOTT, WILL & EMERY please visit our website at:
http://www.mwe.com/


we drove by yesterday - they look nice - maybe if you have time we can go see
it at around 2:30 tomorrow?

let me know
L,
e

"K. Bass" <daphneco64@bigplanet.com> on 01/31/2001 05:40:56 PM
Please respond to "K. Bass" <daphneco64@bigplanet.com>
To: Eric Bass <Eric.Bass@enron.com>
cc:
Subject: Mandell

I like this one a lot.? Maybe we'll go see it  next week.? LU-M


John Disturnal...... Why?

 -----Original Message-----
From: 	Woulfe, Greg
Sent:	Wednesday, January 16, 2002 7:43 AM
To:	Mckay, Jonathan
Subject:	Calgary Office

Was there a guy in the calgary office named John Distroll?  Did some gas options maybe?

-Greg


How do you bait your hook?

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

Share information about yourself, create your own public profile at
http://profiles.msn.com.

 - penisfish.jpg


just a vicious rumor... my birthday's not till next year.

Jennifer Shipos
03/08/2001 12:22 PM
To: john.arnold@enron.com
cc:
Subject:

Tomorrow, eh!  How old are you going to be... 20?


Sean:

Torrey Moorer in EOL called regarding the setup of Mid-C "Dart Product" ( I might be mis-spelling).  He advised you have been asking IT to get this created.  Would you let me know the nature of this new "product"?  Risk might need to set you up in some systems in order for everything to be working right.

Thanks,

Fran
x7973


<http://www.sportsline.com/links/6/1/163/sffer1218th.cgi>

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NFL Reports, Player Updates
  <http://ad.doubleclick.net/ad/N1549.sportsline.com/B44933.5;sz=1x1;ord=1?>
Latest NFL Player News

James Stewart <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1116&>, RB DET - Hunter Updated 12/23/01
Stewart suffered a sprained ankle early in Sunday's game at Pittsburgh. He was replaced by Lamont Warren in the first quarter, and Stewart did not return.

Cameron Cleeland <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=12277&>, TE NO - Free Agent Updated 12/23/01
Cleeland injured his Achilles tendon on Sunday. He is not expected to play again this season.

Ahman Green <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=12404&>, RB GB - Hunter Updated 12/23/01
Green left Sunday's game in the fourth quarter with labored breathing. He was replaced by Dorsey Levens.

Todd Bouman <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1871&>, QB MIN - Free Agent Updated 12/23/01
Bouman was able to start Sunday's game, but he re-injured his thumb in the first quarter and was replaced by Spergon Wynn.

Wesley Walls <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1321&>, TE CAR - Free Agent Updated 12/23/01
Walls was able to play in Sunday's game despite an ankle injury, but he left the game before halftime after spraining his left knee.

Martin Gramatica <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=133297&>, K TB - Free Agent Updated 12/23/01
Gramatica injured his hamstring in the fourth quarter on Sunday. He hurt himself on a PAT attempt, but Gramatica is expected to play on December 29.

Todd Bouman <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1871&>, QB MIN - Free Agent Updated 12/23/01
Bouman is now listed as probable for Sunday's game. He should be able to start against the Jaguars, but he may play with some pain in his thumb.

Jeff Graham <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1264&>, WR SD - Free Agent Updated 12/23/01
Graham probably won't play Sunday at Kansas City because of the death of his father in a car accident, coach Mike Riley said Friday. If Graham doesn't play, Trevor Gaylor will start in his place and Nate Turner will be signed off the practice squad. The Chargers are already missing their No. 3 receiver, Tim Dwight, due to complications of a collapsed lung.

Antowain Smith <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1663&> , RB NE - JWillie Updated 12/23/01
Smith rushed for a career-high 156 yards and a touchdown Saturday. He has been one of the best runners in the AFC and will help carry your team to Fantasy glory.

Steve McNair <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1069&>, QB TEN - Free Agent Updated 12/23/01
McNair played Saturday despite suffering from back spasms all week. He played well, throwing a touchdown pass in the second half. Expect him to be a solid No. 1 QB.

Jeff Garcia <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=146325&>, QB SF - JWillie Updated 12/23/01
Garcia, whose practice time was limited all week, played in Saturday's game. He admitted afterwards that he has a cracked rib. He played with extra padding, saying it didn't greatly affect his throws. Garcia might not be at full strength in the remaining weeks but he will still be a solid No. 1 Fantasy QB.

Eddie George <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1174&>, RB TEN - Tori Updated 12/23/01
George played in Saturday's game despite suffering from an ankle injury. He left in the third quarter because of a neck injury but returned to the game.

Oronde Gadsden <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1612&>, WR MIA - Matty Updated 12/23/01
Gadsden did not play in Saturday's game against the Patriots because of a hamstring injury. Chris Chambers started in his absence.

Fred Beasley <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=12207&>, RB SF - Free Agent Updated 12/23/01
Beasley broke his right hand. He will probably be sidelined for the rest of the regular season.

Joe Horn <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1511&>, WR NO - Matty Updated 12/21/01
Horn is once again performing like an elite Fantasy receiver. He is a must-start player during the final weeks of the NFL season.

Maurice Smith <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=188183&>, RB ATL - Frank Updated 12/21/01
A banged-up Smith hasn't done much statistically in recent weeks. Don't depend on him during the Fantasy playoffs.

Donald Hayes <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=12431&>, WR CAR - Martin Updated 12/21/01
Hayes may step back into the forefront this week as the No. 1 wideout in place of Muhsin Muhammad. He isn't very explosive, however, and won't help Fantasy teams much during Weeks 15 through 17.

Chris Weinke <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=235174&>, QB CAR - Tori Updated 12/21/01
Consider Weinke as a backup during the Fantasy playoffs. He lacks the weapons to post better-than-average numbers, but he is a good option if you need an emergency QB.

Kurt Warner <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=12797&>, QB STL - Hunter Updated 12/21/01
Warner should guide many Fantasy teams to success during the playoffs. Expect fine numbers from him the rest of the way.

Rich Gannon <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1034&> , QB OAK - Martin Updated 12/21/01
Gannon has been a top-flight Fantasy QB this year. He will be a key player on many title teams, and should never be benched.

Randy Moss <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=12576&>, WR MIN - Russell Updated 12/21/01
Moss started off slow this season but has once again been one of the best wideouts. Don't hesitate to start him during your playoff run.

Marvin Minnis <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=235122&>, WR KC - Free Agent Updated 12/21/01
Minnis hasn't done much to help Fantasy owners this year. Don't use him during the remaining weeks of the NFL season.

Michael Westbrook <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1310&>, WR WAS - Free Agent Updated 12/21/01
Westbrook has been inconsistent this season as a Fantasy player. He will be a good No. 2 at best during your playoffs.

Rod Gardner <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=235213&>, WR WAS - Free Agent Updated 12/21/01
Gardner has been very inconsistent this season. Unless you play in a deeper league, starting Gardner isn't advisable.

Tony Richardson <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1471&>, RB KC - Neal/McKay Updated 12/21/01
Richardson hasn't been a consistent scoring threat this year. Don't use him during the Fantasy playoffs.

Tony Gonzalez <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=12400&>, TE KC - Russell Updated 12/21/01
Gonzalez hasn't played as well as expected this year. Still, he is too talented to bench during the Fantasy playoffs.

Brett Favre <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1028&>, QB GB - Frank Updated 12/21/01
Favre has been one of the best QBs this season. Count on him to help lead your team to Fantasy glory.

Trent Green <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1599&>, QB KC - Bass/Hull Updated 12/21/01
Green has been an inconsistent Fantasy QB this year. He is a risky start during the rest of the season.

Bill Schroeder <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=1593&>, WR GB - Frank Updated 12/21/01
Schroeder has had a solid season. Look for him to be a reliable No. 2 wideout during your postseason.

Matt Hasselbeck <http://football299.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2640&key=12429&>, QB SEA - Bass/Hull Updated 12/21/01
Hasselbeck has been a big disappointment this year. Don't use him during the Fantasy postseason.

More Updates <http://football299.fantasy.sportsline.com/mp/elink?script=pro-player-updates&league=bige01&owner=14696.2&random=2640&start=30&>
Transactions, View
  <http://ad.doubleclick.net/ad/N1549.sportsline.com/B44933.5;sz=1x1;ord=1?>
Transactions
Date	Time	Player	Team	Transaction	Effective	Cost
12/21/01	6:49 AM	Brown, Kris	Martin	Signed	Week 15	$2.5
12/21/01	6:49 AM	Taylor, Fred	Martin	Released	Week 15	$2.5
Schedule, Breakdown
  <http://ad.doubleclick.net/ad/N1549.sportsline.com/B44933.5;sz=1x1;ord=1?>
  <http://football299.fantasy.sportsline.com/mp/open_gif?splnid=30e6a654ca37f8af&league=bige01&owner=14696.2&email=9eb4d4d2e1a3f856124cc184ab07d1f73a5c23d37e8f491a&sport=football&vend=CBS%20SportsLine.com&product=mgmt&time=20011224&type=ereport&random=2640>
  _____

Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc.
Your site can be reached from <http://fantasy.sportsline.com>

FB10SP


Maria and Drew, this is a long-winded e-mail but please bear with me...

The problem:

As you probably remember, several months ago several of us met to discuss the
following language in the ROFR portion of Transwestern's tariff: "if the rate
bid exceeds the maximum tariff rate, then the rate will be considered to be
the maximum tariff rate," and the additional frustrating language "[a]ll
available capacity shall be allocated under these procedures . . .."  At our
last meeting, we concluded that probably the best way to ensure that TW could
capture the true value of the capacity would be to link the negotiated rate
to index prices.  However, since this usually involves an unacceptable amount
of risk to both the shipper and TW, the marketers haven't done any
index-based rates and have no current plans to enter into any such deals.  I
have been asked by the Commercial Group to revisit this issue and to think of
other ways we could increase our ability to charge more than the maximum
rate.   Ideally they would like to eliminate the language I've quoted above.
However, my research has indicated that absent our 1) bringing about radical
change in the way FERC thinks about recourse rates or 2) showing that TW
lacks market power, we are probably stuck with this language.

Why the problem exists (you may already know):

Steve Stojic and I did some looking into why the language is in our tariff in
the first place.  In the Alternative Rates Policy Statement (RM95-6-000), the
Commission explained that it is willing to entertain individual requests for
negotiated rates, but only where customers retain the ability to choose a
cost-of-service based tariff rates.  "[T]he availability of a recourse
service would prevent pipelines from exercising market power by assuring that
the customer can fall back to cost-based, traditional service if the pipeline
unilaterally demands excessive prices or withholds service.  Thus, the
recourse rate mitigates market power."

The Commission went on to confirmed that under ROFR provisions the highest
rate that an existing shipper must match if it wishes to continue its
transportation arrangement is the maximum tariff rate. This policy is clearly
not limited to ROFR situations:  when capacity is constrained, a shipper
willing to pay only the recourse rate cannot lose access to capacity merely
because someone else is willing to pay a negotiated rate.  "When there are
more requests for capacity than there is capacity available, then the
pipeline must allocate capacity among those shippers willing to pay either
the negotiated rate or the maximum recourse rate, for example on a pro rata
basis if required by its tariff."  The example cited by the Commission:  If a
pipeline has 100 Dth/d available and two shippers request that capacity, one
who is willing to pay no more than the recourse rate of $5 and another a
negotiated rate of $6, then each would be allocated 50 Dth/d on a pro rata
basis (assuming the tariff provided for pro rata allocation and not some
other allocation method such as lottery).

When TW filed for authority to charge negotiated rates, it voluntarily added
the statement that "if the rate bid exceeds the maximum tariff rate, then the
rate will be considered to be the maximum tariff rate."  Presumably we had
concluded that we needed to add this recourse rate related provision in order
to receive negotiated rate authority.

Solutions??

I would like to know whether you concur that changing our tariff language
outright is probably out of the question.  I feel as if I've really been
chasing my tail here.  I have owed Lindy an answer for some time now.  But I
keep coming back to our having to prove lack of market power (which, Drew, is
where I believe you were headed when we talked about this in mid-October).
Steve Harris has asked whether we can just start small and remove the
recourse rate cap as to only a portion of our system.  I think we would still
have to show lack of market power in order to do this.  Do you agree?  Stojic
warns that proving lack of market power is a lengthy and expensive
proposition.  Might be worth it to us, though.

Another idea is to somehow provide shippers with an incentive to pay more
than max rate.  After all, we do have authority to charge negotiated rates.
We've seen one instance in which one of our marketers was able to get more
than max rates for IT space based on good customer relations alone.  However,
despite our wonderful relationships with most of our customers, it's unlikely
we can pull this off with any consistency.  We wondered whether we might be
able to get more than max rates in the context of an auction procedure.  But
I just am not convinced we could get around the Commission's requirement that
recourse rates be available.  That requirement has not changed.  Have either
of you seen anything to the contrary?

I would like to meet with you two, plus several others I have in mind, to
discuss this, preferably early this week (Tues. or Wed.), but would like to
discuss briefly with you first.  Please call me so we can talk for a few
minutes.  Thanks.


Louise,

Sempra Energy has called and asked to "cover' outstanding positions with Enron.
They have done some deals with me this morning via EOL, as well as a "sleeve" with EPNG in order to minimize their exposure with us.  Indications were that they have longer dated power and other gas positions that they want to minimize as well,  I advised them to call the respected traders first, as apposed to calling voice brokers,  to see what they can facilitate.


FYI.  Talking tomorrow am is fine.  I have a 900 conference call on another
matter; otherwise, I'm open.

---------------------- Forwarded by Kay Mann/Corp/Enron on 06/06/2000 04:58
PM ---------------------------

	Enron North America Corp.

	From:  Kay Mann                           06/06/2000 04:39 PM

To: Jeff Blumenthal/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Scott
Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brian D
Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steve Irvin/HOU/ECT@ECT
cc:

Subject: Vitro termination agreement

I've made some changes, which I thought I would circulate internally for
comment before sending to GE.

I left Jeff Smith a voice mail asking how the initial payment is supposed to
be split between the on and offshore contracts since this document references
payments to both.

Comments?

Kay


Brant Reves/ENRON@enronXgate
	05/29/2001 05:31 PM

		 To: Dan J Hyvl/HOU/ECT@ECT
		 cc: Sylvia S Pollan/ENRON@enronXgate
		 Subject: RE: EnergyOne

Do you have a redline version of our initial contract to them?  I never saw
my comments included in a draft...

thanks
brant

 -----Original Message-----
From:  Hyvl, Dan
Sent: Monday, May 21, 2001 9:59 AM
To: Reves, Brant
Cc: Pollan, Sylvia S.
Subject: EnergyOne

Brant,
 EnergyOne has responded to the requested changes.  They agree to the
revision of the MAC language but threw in a money wrench by adding a warm and
fuzzy triggering event  if a party refused to provide security within 48
hours of a reasonable request therefore.  No standard is provided as to the
reason for the request.    They also deleted the original Collateral
Threshold language which was in their first draft.  Please respond to these
matters to me and to Sylvia Pollan.
----- Forwarded by Dan J Hyvl/HOU/ECT on 05/21/2001 09:47 AM -----

	Dan J Hyvl 05/21/2001 08:59 AM 	   To: Sylvia S Pollan/Enron@EnronXGate  cc:
Subject: EnergyOne

Attached is a memo of the major items in their comments to our requested
changes.  Let me know when you are ready to discuss.

 << File: 2001-035memo.doc >>


Please add David Pozner to our distribution.
-----Original Message-----
From: Felling, Amy
Sent: Tuesday, November 13, 2001 7:15 AM
Subject: Enron West Gas Pricing


I just spoke to Ginger -- THIS IS IT!!!

Joseph
---------------------- Forwarded by Joseph Alamo/SFO/EES on 02/17/2000 12:50
PM ---------------------------

	Enron Energy Services

	From:  Ginger Dernehl                           02/17/2000 02:50 PM
	Phone No: 713 853-7751

To: Joseph Alamo/SFO/EES@EES
cc:
Subject: Assignment of Regulatory Risk Responsibility for Current Assets

---------------------- Forwarded by Ginger Dernehl/HOU/EES on 02/17/2000
02:49 PM ---------------------------

	Enron Energy Services

	From:  Richard Shapiro                           02/10/2000 04:56 PM
	Sender's Phone No: 713 853-7751

Sent by: Ginger Dernehl
To: Paul Kaufman/PDX/ECT@ECT, Kathleen E Magruder/HOU/EES@EES, Janine
Migden/DUB/EES@EES, Steve Montovano/DUB/EES@EES, Scott Bolton/Enron
Communications@Enron Communications, Ricardo Charvel/NA/Enron@ENRON, Joe
Hillings/Corp/Enron@ENRON, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Lysa Akin/PDX/ECT@ECT, Margo Reyna/HOU/EES@EES, Laurie
Knight/DUB/EES@EES, Chauncy Hood/DUB/EES@EES, Tracy McLaughlin/Enron
Communications@Enron Communications, Carol Castanos/NA/Enron@ENRON, Lora
Sullivan/Corp/Enron@ENRON (bcc: Ginger Dernehl/HOU/EES)
Subject: Assignment of Regulatory Risk Responsibility for Current Assets

Attached please find the Regulatory Risk-Responsibility Matrix developed by
Jim Steffes.   One of the first steps in building the Regulatory Risk process
is to establish responsibility for the current assets owned/managed by
Enron.    The matrix provides a listing of assets that Jim has pulled
together, however, there my be more that you know about.  Please indicate the
person(s) who will manage the Regulatory Risk with each of these assets and
if there are additional assets not noted on the matrix, please inform me of
them by Friday, February 18.

Thanks and please don't hesitate to call with questions.


rams -3.5
wash -7
raiders -9 1/2
balt -5
bears lions over 37
eagles bengals under 35 1/2
pats +4
vikings +5.5


Vincent,

I got the E-rating and default probabilities for Promigas from the credit
group.
Could you plug in these numbers to the loan guarantee model ?
Promigas is rated as BB.

Zimin

---------------------- Forwarded by Zimin Lu/HOU/ECT on 02/04/2000 08:41 AM
---------------------------

Tanya Rohauer
02/04/2000 07:27 AM
To: Zimin Lu/HOU/ECT@ECT
cc:
Subject: Prob of default for E rating 7 as of 2/3/00


T H A N K S G I V I N G   W I S H E S   F R O M   I N O . COM
INO.com - Trusted by Traders the World Over
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- Thrusday, November 22, 2001
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-----Copyright 2001 INO.com. All Rights Reserved------


Mark,

Turbine 5 (the prototype I think) shows up on some graphs but not on all
graphs.  Do you know why this is occurring?

HK
---------------------- Forwarded by Hollis Kimbrough/EWC/Enron on 06/19/2002
12:12 PM ---------------------------

Hollis Kimbrough
06/19/2002 11:26 AM
To: Elliott Fong/EWC/Enron@ENRON, Mike Lewis/EWC/Enron@ENRON
cc: John Nemila/EWC/Enron@ENRON, Harvey Kaura/EWC/Enron@ENRON, Dan
Lindquist/EWC/Enron@Enron, Hollis Kimbrough/EWC/Enron@ENRON, Jeff
Maurer/EWC/Enron@ENRON, Mark Fisher/EWC/Enron@Enron

Subject: Old VG SPC Results

Attached please find a new Statistical Process Control analytic which
displays the turbine performance for your site.  The report pdf is a summary
of the other two reports and delineates which turbines fall outside the 2
sigma line for each category.  The other two reports provide more detail
regarding the turbine performance including the degree to which a turbine
falls outside the 2 sigma line.

Please note that we are still working with the analytic and you will find
some extraneous characters in the results.  Please add these characters in
with the main group for which they are intended.  We will have them removed
from the code next month.

Best Regards,
Hollis


No, I just noticed that we hadn't had a staff meeting in a while and next week is month end and the next week I will not be here.  Casey is out on Friday and have back to back meetings tomorrow.  Make your commitment to DHA and we'll update you on the staff meeting.

Stacey

 -----Original Message-----
From: 	Dahlke, Andrea
Sent:	Tuesday, October 23, 2001 2:48 PM
To:	White, Stacey W.
Subject:	staff meeting

Stacey-

I have a lunch meeting for DHA on Thursday that I committed to be at (and have a report to give).  I definitely do not want to cause problems by not being at this staff meeting that was called for Thursday though.  Would you like me to find someone to take my place at the DHA meeting?

Thanks!

Andrea


---------------------- Forwarded by Scott Neal/HOU/ECT on 04/02/2001 04:52 PM
---------------------------
From: Jennifer Bagwell/ENRON@enronXgate on 04/02/2001 04:29 PM
To: Scott Neal/HOU/ECT@ECT
cc: David Fairley/ENRON@enronXgate
Subject: Sample ENE Presentation

Scott,
Please see the attached presentation.  It incorporates a comprehensive view
of Enron.  Please let me know if you require additional information.

Thank you.  Jennifer (X54947)


Yeah!


Pursuant to your request, attached please find a clean copy of the
most recent draft of the LV Cogen Turbine Agreement (second document
below), as well as a blackline (first document below) showing changes to
the draft circulated on April 24.  This version contains Lisa and
Roseann's comments (but for changes to Purchase Amount, Maximum
Liability Amount, etc.) as well as your comment to allocate the payments
among the 4 Units equally. I have not received confirmation as to
whether the April 21 payment was ever made.  I have therefore left it in
bold.  If it has, we can amend the table and reduce the Purchase Amount
accordingly.  In addition, I have assumed that if there is a Change
Order applicable to less than all 4 Units, that the Change Order would
specify how future payments are to be allocated.  To complete the
agreement, we will need to insert the date of execution and Exhibit H-2.

 I have not distributed this to anyone else.  I would be happy to
do so if you desire.
 <<Compariosn of GE Turbine Agreement, Versions 5 to 6.DOC>>  <<LV Cogen
Gas Turbine Agreement - Version 6.DOC>>
 - Compariosn of GE Turbine Agreement, Versions 5 to 6.DOC
 - LV Cogen Gas Turbine Agreement - Version 6.DOC


Loan Number 14930175-6
Customer Service 1800-435-7587
HomeSide Lending Inc
P.O. Box 47524
San Antonio 78265-7524

----- Original Message -----
From: Storey, Geoff <mailto:Geoff.Storey@ENRON.com>
To: Pam Storey <mailto:pys@morrownet.net>
Sent: Thursday, December 27, 2001 10:01 AM
Subject: Mortgage

Can I have the info on your mortgage to get a payoff number - i.e. Company Name,A ccount Number, phone number, ect.

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
**********************************************************************


Attached please find a draft of the financial schedules prepared by Enron
Corp.  Please call or email me if you have questions.

Mike McGown

 <<Draft Financial Reps and Warranties>>

 - Summer financials sent to V&E 8_2_00.doc


Attached are the 08/00 financial liquidations for Ontario, People, and Sithe
Regions.  Please refer to the sheet with  "Recon Variances"  tab for the
details supporting the summary page.  Please communicate questions or
adjustments to Jim Little or myself.  Thks!


Do you have a team room available?

 -----Original Appointment-----
From: 	Watson, Kimberly
Sent:	Tuesday, October 16, 2001 8:54 AM
To:	Smith, Sarabeth
Subject:	Accepted: Caithness Project
When:	Thursday, October 18, 2001 1:00 PM-2:00 PM (GMT-06:00) Central Time (US & Canada).
Where:

Where?


I sent it to J. Cogan, but I can send it to other folks as well.

"Schnur, Carmen" <Cschnur@KSLAW.com> on 03/14/2001 05:42:06 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Indakwa, Saki" <SAIndakwa@KSLAW.com>

Subject: Bio for Round Table 3/15/01

Kay:

Our marketing person, Saki Indakwa, is trying to get a copy of your bio by
10 a.m. for the Round Table tomorrow (Thursday, 3/15).   Is it possible for
you to e-mail it to her at "saindakwa@kslaw.com"?  or fax to (713) 751-3280.

Thank you very much.

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


Karen,

I shall attend the conference,
both days.

Vince Kaminski

	From:  Karen Marshall                           01/17/2001 07:59 PM

To: David Haug/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gary
Hickerson/HOU/ECT@ECT, Craig Childers/HOU/EES@EES, Thomas
Suffield/NA/Enron@ENRON, Ben F Glisan/HOU/ECT@ECT, Ermes
Melinchon/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Hal Elrod/Corp/Enron@Enron,
Clay Spears/HOU/ECT@ECT, Kelly Mahmoud/HOU/ECT@ECT, Ellen Fowler/Enron
Communications@Enron Communications, Kevin Kuykendall/HOU/ECT@ECT, Fred
Mitro/HOU/ECT@ECT, Kyle Kettler/HOU/ECT@ECT, Jeff Bartlett/HOU/ECT@ECT, Paul
J Broderick/HOU/ECT@ECT, John House/HOU/ECT@ECT, George
McCormick/HOU/ECT@ECT, Guido Caranti/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ken
Sissingh/Corp/Enron@Enron, Gwynn Gorsuch/NA/Enron@ENRON, Mark Gandy/Enron
Communications@Enron Communications, Shawn
Cumberland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jennifer
Martinez/HOU/ECT@ECT, Sean Keenan/HOU/ECT@ECT, Webb Jennings/HOU/ECT@ECT,
Brian Hendon/Enron Communications@Enron Communications, Billy Braddock/Enron
Communications@Enron Communications, Paul Burkhart/Enron Communications@Enron
Communications, Garrett Tripp/TOR/ECT@ECT, John Massey/HOU/ECT@ECT, V Charles
Weldon/HOU/ECT@ECT, Peter Hayes/HOU/EES@EES, Ross Mesquita/NA/Enron@ENRON,
David Mitchell/HOU/ECT@ECT, Brian Kerrigan/HOU/ECT@ECT, Mark Gandy/Enron
Communications@Enron Communications, Jennifer Martinez/HOU/ECT@ECT, Sean
Keenan/HOU/ECT@ECT, Webb Jennings/HOU/ECT@ECT, Brian Hendon/Enron
Communications@Enron Communications, Billy Braddock/Enron
Communications@Enron Communications, Garrett Tripp/TOR/ECT@ECT, John
Massey/HOU/ECT@ECT, V Charles Weldon/HOU/ECT@ECT, Peter Hayes/HOU/EES@EES,
Ross Mesquita/NA/Enron@ENRON, David Mitchell/HOU/ECT@ECT, Christie
Patrick/HOU/ECT@ECT, Michael B Rosen/HOU/ECT@ECT, Cindy
Derecskey/Corp/Enron@Enron
cc: Elyse Kalmans/Corp/Enron@ENRON, Richard Causey/Corp/Enron@ENRON, Sally
Beck/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, angela.dorsey@bus.utexas.edu
Subject: URGENT DEADLINE: RSVP by JAN 22nd: Invitation to 2001 Energy Finance
Conference Feb. 22-23, 2001- The University of Texas at Austin

The $500 registration fee is waived for any Enron employee who wishes to
attend this conference because of our relationship with the school.  Please
forward this information to your managers and staff members who would benefit
from participating in this important conference.  (Note:  Vince Kaminski is a
panellist for the Risk Management Session 3.)

Please note:  The deadline for RSVP & Hotel reservations is MONDAY, JANUARY
22nd Don't miss this opportunity!

Should you have any questions, please feel free to contact me at EXT. 37632.

Karen
---------------------- Forwarded by Karen Marshall/HOU/ECT on 01/11/2001
07:38 PM ---------------------------

"Angela Dorsey" <Angela.Dorsey@bus.utexas.edu> on 01/10/2001 03:06:18 PM
To: "Angela Dorsey" <Angela.Dorsey@bus.utexas.edu>
cc: "Ehud Ronn" <eronn@mail.utexas.edu>, "Sheridan Titman (E-mail)"
<titman@mail.utexas.edu>
Subject: Invitation to 2001 Energy Finance Conference - The University of
Texas at Austin

Colleagues and Friends of the Center for Energy Finance Education and
Research (CEFER):

Happy New Year! Hope you all had a wonderful holiday season.

On behalf of the University of Texas Finance Department and CEFER, we
would
like to cordially invite you to attend our:

2001 Energy Finance Conference
Austin, Texas
February 22 - 23, 2001
Hosted by the University of Texas Finance Department
Center for Energy Finance Education and Research

Dr. Ehud I. Ronn and Dr. Sheridan Titman are currently in the process of
finalizing the details of the conference agenda.  We have listed the
agenda
outline below to assist you in your travel planning.  Each conference
session will be composed of a panel discussion between 3 - 4 guest
speakers
on the designated topic.

As supporters of the Center for Energy Finance Education and Research,
representatives of our trustee corporations (Enron, El Paso, Reliant,
Conoco, and Southern) will have the $500 conference fee waived.
The conference package includes Thursday evening's cocktails &
dinner and hotel/UT shuttle service, as well as Friday's conference
meals,
session materials and shuttle service.  Travel to Austin and hotel
reservations are each participant's responsibility.

A limited number of hotel rooms are being tentatively held at the
Radisson
Hotel on Town Lake under the group name "University of Texas Finance
Department" for the nights of Thursday, 2/22/01 and Friday, 2/23/01 (the
latter evening for those who choose to stay in Austin after the
Conference's conclusion).  To guarantee room reservations, you will need
to
contact the Radisson Hotel at (512) 478-9611 no later than Monday,
January
22nd, and make your reservations with a credit card.  Please let me know
when you have made those arrangements so that I can make sure the
Radisson
gives you the special room rate of $129/night.

Please RSVP your interest in attending this conference NO LATER THAN
JANUARY 22nd to angela.dorsey@bus.utexas.edu, or (512) 232-7386, as
seating
availability is limited.  Please feel free to extend this invitation to
your colleagues who might be interested in attending this Conference.

Center for Energy Finance Education and Research
PROGRAM OF THE 2001 ENERGY FINANCE CONFERENCE
February 22 - 23, 2001

Thursday, Feb 22:

3:00 p.m. Reserved rooms at the Radisson Hotel available for
check-in
5:30 p.m. Bus will pick up guests at the Radisson for transport to
UT Club*
6:00 p.m. Cocktails, UT Club 9th Floor
7:00 p.m. Dinner, UT Club
8:00 p.m. Keynote Speaker
9:00 p.m. Bus will transport guests back to hotel

Friday, Feb 23:

7:45 a.m. Bus will pick up at the Radisson for transport to UT

8:30 a.m. Session 1 - REAL OPTIONS
  Panelists:  Jim Dyer, UT (Chair)
    Sheridan Titman, UT
    John McCormack, Stern Stewart & Co.

10:00 a.m. Coffee Break

10:15 a.m. Session 2 - DEREGULATION
  Panelists:  David Eaton, UT (Chair)
    David Spence, UT
    Jeff Sandefer, Sandefer Capital
Partners/UT
    Peter Nance, Teknecon Energy Risk
Advisors

11:45 a.m. Catered Lunch & Keynote Speaker

1:30 p.m. Guest Tour - EDS Financial Trading & Technology Center

2:00 p.m. Session 3 - RISK MANAGEMENT
  Panelists:  Keith Brown, UT (Chair)
    Vince Kaminski, Enron
    Alexander Eydeland, Southern Co.
    Ehud I. Ronn, UT

3:30 p.m. Snack Break

3:45 p.m. Session 4 - GLOBALIZATION OF THE ENERGY BUSINESS
  Panelists:  Laura Starks, UT (Chair)
    Bob Goldman, Conoco
    Ray Hill, Southern Co.

5:15 p.m. Wrap-Up

5:30 p.m. Bus picks up for transport to airport/dinner

6:30 p.m. Working dinner for senior officers of Energy Finance
Center
Trustees

*We have made arrangements to provide shuttle service between the
Radisson
hotel and UT during the conference. However, if you choose to stay at an
alternative hotel, then transportation to conference events
will become your responsibility.

**************
Angela Dorsey
Assistant Director
Center for Energy Finance Education & Research
The University of Texas at Austin
Department of Finance, CBA 6.222
Austin, TX 78712
angela.dorsey@bus.utexas.edu
**************


The original schedule was 50 MW's TEP GEN @PV(EPE XCHANGE) - EPMI -
SRP-MIRANT-CISO(T)PVD/SP15.  Mirant was cut by the CISO 25 mw HE 1-6,   8 mw
HE 23, and  25 mw HE 24.  Please refer to Mirant tag #3316 for this revised
schedule.   Mirant owes us a sink for 25mw HE 1-6, 8mw HE 23, and 25mw HE 24
and has decided to provide the sink on a real-time basis.   Please check with
Mirant to assure they have a sink for these hours.   Please check out with
TEP when you are aware of the new sink.

Thanks
Stacy


Here you go.  Let us know if there are any problems.


I am trying to pull together a QBR for Dave and Mark Frevert.  Would Tuesday
August 29th from 1:00 pm to 4:00 pm. work for everyone?

Thanks,

Kay 3-0643


I understand that this will be executed in London.  Is there a lawyer who
will initial the NDA for EnronCredit in connection with our execution?  I'm
assuming you will have this NDA executed prior to the meeting.

Leslie

	Gillian Johnson@ENRON
	11/21/2000 01:32 PM

		 To: Leslie Hansen/HOU/ECT@ECT
		 cc: Craig Chaney/HOU/ECT@ECT, Richard Sage/LON/ECT@ECT
		 Subject: Re: I2 NDA

Thanks for taking care of this.  We will be meeting with them tomorrow.

Gillian

Leslie Hansen@ECT
11/21/2000 12:56 PM
To: Gillian Johnson/NA/Enron@Enron
cc:

Subject: I2 NDA

Gillian:

Attached please find the I2 NDA as revised to provide that the term of the
NDA is 3 years and that Confidential Information disclosed under the
agreement is protected for 2 years after the date of the disclosure.

I can finalize for execution after I2 has approved the contents of this NDA.
I'll leave it to you to distribute to them.

Leslie


I will be out the week of the 13th.

---------------------- Forwarded by Chris Germany/HOU/ECT on 10/12/2000 03:46
PM ---------------------------

"CustomerNotices, WGPHOU" <WGPHOU.CustomerNotices@Williams.com> on 10/12/2000
02:54:50 PM
To:
cc:
Subject: Transco - 2000 Winter Operations Meetings

Media Inquiries: Chris Stockton
                 (713) 215-2010
Other Inquiries: Ron Doyle (713-215-2921 or Terry Fitch
(713-215-3361)October 12, 2000

TO:     All Operators, Producers, Shippers and Customers on the
        Williams Gas Pipeline - Transco

RE:     2000 Winter Operations and 1Line Meetings

You are cordially invited to attend one of Transco's three regionally
scheduled 2000 Winter Operations and 1Line meetings.

The meetings are scheduled as follows:

November 7                      Newark, New Jersey              Hilton
Gateway Hotel

973-622-5000
November 8                      Charlotte, North Carolina       Omni
Charlotte Hotel

704-377-0400
November 13                     Houston                         Williams
Tower

Auditorium

This year's Winter Operations Meetings have been expanded to include a
variety of material that will be of interest to all customers. The meetings
will focus on three specific areas:  (1) the traditional update on
operational plans for the winter, maintenance outages planned for next year
and a customer service update; (2) a 1Line update and discussion on business

practice changes that will require tariff changes; and (3) a review and
discussion of the EDI and flat file datasets for nominations, confirmations
and schedule quantity reports targeted at those customers and their
information technology staff who have expressed an interest in this
information.  Transco will also be holding a pre-filing meeting in
Washington
DC specifically to address the tariff changes associated with implementation

of the 1Line system.  That meeting will be held in mid-November and
customers
will be notified as to time and location in the near future.

The meetings in Newark and Charlotte will start at 9:00 a.m. and end at
approximately 4:00 p.m.  Coffee, juice and pastries will be provided before
the meeting and lunch will be served at approximately 11:30 a.m.  The
Houston
meeting will start at 12:30 p.m. and end at approximately 5:00 p.m.
Refreshments will be provided mid-afternoon.

The agenda for the Newark and Charlotte meetings as well as the Houston
meeting is included below.  Please note that the agenda for the Houston
meeting is significantly different than the other meetings.

Please RSVP to Rosina Freeman at 713-215-4054 or via e-mail at
rosina.l.freeman@williams.com no later than Wednesday, October 25, 2000 so
that we can have an accurate count for each meeting.
If you have any questions, please call Rosina Freeman at 713-215-4054.  We
hope to see you at
this event.

Sincerely,
Terry Fitch
Manager, Gas Operations

AGENDA
Newark, New Jersey
November 7, 2000
and
Charlotte, North Carolina
November 8, 2000

9:00 a.m. Introduction
I. System Overview -- Operational and Storage Update
II. Construction and Maintenance -- 2000 Review and 2001 Preview
III. Project Updates
IV. Customer Survey and Regulatory Overview
V. 1Line -- Process changes requiring tariff modifications
Lunch 11:45 a.m. - 12:30 p.m.
VI. Service Delivery -- Continuation of process change discussion
VII. EDI X-12 and Flat File Data Set Structure and Layout

AGENDA
Houston, Texas
November 13, 2000

12:30 p.m. Introduction
I. 1Line -- Process changes requiring tariff modifications
Breakout session to begin at approximately 2:00 p.m. -- EDI X-12 and Flat
File Data Set Structure and layout (to run coincident with the remainder of
the Winter Operations program).
II      Gas Control Introduction
III     System Overview -- Operational and Storage Update
IV      Construction and Maintenance -- 2000 Review and 2001 Preview
V       Project Updates
VI      Customer Survey and Regulatory Overview

If you plan to attend only a portion of the program, please plan to arrive
30
minutes before the scheduled time identified above, as the break times are
approximate.

WGP - Transco 2000 Winter Operations Meeting

Fax RSVP Form

NO __________   My company will not be able to attend.

YES _________   Number in party for Newark (11/7/00)            __________

                        Number in party for Charlotte (11/8/00)
__________

                        Number in party for Houston (11/13/00)
__________

Your company name and address:

______________________________________________________

______________________________________________________

______________________________________________________

______________________________________________________

Representatives attending:

Name and title
Meeting   Lunch

_____________________________________________________           _______
______

_____________________________________________________           _______
______

_____________________________________________________           _______
______

_____________________________________________________           _______
______

_____________________________________________________           _______
______

_____________________________________________________           _______
______

_____________________________________________________           _______
______

Please return this form to:     Rosina Freeman
                                        WGP - Transco
                                        FAX:    713-215-2547

--------------------------ADDITIONAL X12 INFORMATION------------------------
Trans. Svc. Provider: 007933021 - TRANSCONTINENTAL GAS PIPE LINE CORPORATION
   Notice Identifier: L0010121
     Critical Notice: Yes
      Type of Notice: 7-Press Release, Company News or Phone List
   Required Response: 5-No Response Required
   Resp By Date/Time: N/A
Notice Eff Date/Time: 10/12/00 14:50:35
Notice End Date/Time: N/A
              Status: 1-Initiate
 Prior Notice Ident.: N/A
____________________________________________________________________________

 - C.DTF


Enron is forming a new organization - - the Enron Xcelerator - - to drive the
formation and development of new businesses at Enron.  Enron's unique ability
to start and develop new businesses has driven most of our growth over the
years.  Lou L. Pai, currently Chairman and CEO of Enron Energy Services, will
lead the Xcelerator.  Over his years at Enron, Lou has been key to the
creation and rapid growth of our wholesale gas, wholesale power and energy
service businesses.  The existing business units will continue their
development of core businesses, while the Xcelerator will be responsible for
developing new business opportunities that are natural extensions of Enron's
business model and core skills, but not currently under development elsewhere
in Enron.

Dave Delainey, currently President and CEO of Enron Americas, will become
Chairman and CEO of Enron Energy Services.  Dave brings a wealth of
experience and accomplishment from Enron Wholesale Services' businesses where
he led the growth of our Canadian business and our North American origination
activity and, most recently, had a great year in Enron Americas.

Dave is forming an Office of the Chairman in EES.  Joining Dave in the Office
of the Chairman are Dan Leff, President of EES, Global Energy Services, and
Marty Sunde, President of EES, Global Marketing and Services.  Dan and Marty
have been instrumental in the development and execution of the successful EES
business model.  Also joining the Office of the Chairman of EES is Janet
Dietrich as Chief Operating Officer.  Janet, currently is Managing Director
in Enron Americas, where she has been successful in many of Enron Wholesale's
core businesses, including gas trading, risk management and structural
origination.  Tom White will continue as Vice Chairman of EES and will focus
on the development and expansion of EES' customer relationships.  Lou, Tom,
Dan, Marty and the entire EES organization have developed a great business
model with great growth prospects.  EES has become an essential part of
Enron's market valuation and growth story.  This new leadership structure
will enable EES to continue on its path of sustained growth and increasing
profitability.

John Lavorato will succeed Dave as President and CEO of Enron Americas.  John
has been an essential part of Enron's energy trading success over the years
and is a key part of Enron Wholesale Services' continuing success story.
Joining John is Louise Kitchen, currently President and CEO of Enron
NetWorks.  Louise, who accelerated Enron's outstanding growth with the
deployment of EnronOnline, will take over as Chief Operating Officer of Enron
Americas.

Philippe Bibi, currently Chief Operating Officer of Enron NetWorks will take
over as President and CEO of Enron NetWorks.  Under Philippe's leadership,
Enron has become a technology leader and the leading e-commerce company.
Joining Philippe as Chief Operating Officer is Greg Piper, currently Managing
Director of Enron NetWorks.  Greg currently leads Enron NetWork's origination
activity and was responsible for the creation and deployment of ClickPaper,
Enron's successful online pulp and paper marketplace.

Please join us in congratulating all of these individuals on their
achievements and their new responsibilities.


The Museum of Fine Arts, Houston
Conoco & KRTS 92.1

invite you, your co-workers and your friends to

Fine Arts Friday
The Professional's Happy Hour

Featuring DJ Andy "Champa" Moore (TLP), heard around town at Hyperia,
Ricebar, and The Davenport.

Also, view The Living Edge:  Richard Pousette-Dart, Works on Paper, the
first exhibition devoted exclusively to the artist's activities as a
draftsman.  One of the youngest Abstract Expressionists, Pousette-Dart was
also one of the most individualistic.  This exhibition of 132 drawings
covers his entire career, including a recently discovered cache of early
works that even his widow had never seen.

FRIDAY, February 1, 2002
In the Cafe Express of the museum's Audrey Jones Beck Building (5601 Main
Street)
Free admission
6:00 - 8:30 p.m.
Complimentary hors d'oeuvres & cash bar
Come as you are

For more information, call Amy Purvis at (713) 639-7570.


Thanks for your support.  We checked into the matching, but unfortunately
since the group raising this money was not formed as a Charitable
Organization under the tax reg's, the ability to get Enron to match is not
availible.  The goal of each golfer is to raise at least $1000 towards the
$150K goal, and your donation puts me over the $1K bar.

Thanks again.

Fred

 -----Original Message-----
From:  Mann, Kay
Sent: Friday, June 01, 2001 1:37 PM
To: Mitro, Fred
Subject: Re: Golf for Sarah

I can't open the form, but I'm good for $50.  Is this something Enron can
match?

From: Fred Mitro/ENRON@enronXgate on 06/01/2001 01:34 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Golf for Sarah

Kay:

Here is the information on the charity golf outing we discussed.  Check out
sarahssoldiers.com for more information on Sarah and the efforts to help
her.

Attached at the bottom of this email is a pledge form.

Thanks for your support in this good cause.

Fred

---------------------- Forwarded by Fred Mitro/HOU/ECT on 04/12/2001 03:54 PM
---------------------------

 << OLE Object: Picture (Device Independent Bitmap) >>
Stephen Morse@ENRON COMMUNICATIONS on 04/12/2001 03:00:16 PM
To:

Enron Golfers:

Hey guys, Sarah Edwards is a friend of a friend's daughter who desperately
needs help to stay alive and all you duffers out there can help:

The 100 holes for golf for Sarah Edwards will be Monday June 4 at
Sweetwater CC. Sarah needs a lung transplant and
approximately $150,000 of the costs are not covered by insurance or
medicaid.

For more info on Sarah, visit Sarahssoldiers.com

Here is how the 100 holes for golf works:

*Free golf at Sweetwater
*You play as many holes as you can (100 is not mandatory)
* We provide your lunch, drinks and snacks
* You get pledges from your friends to play
*pledges may be flat amounts, per hole, per birdie or per eagle

Lets all keep Sarah alive! Can I get some other tentative commitments?

thanks!

Steve

Steve Morse
Enron Broadband Services
713-853-7137-work
713-569-7912-cell
email:  stephen_morse@enron.net
 << OLE Object: Picture (Device Independent Bitmap) >>

 - pledge.doc << File: pledge.doc >>


FYI.   You call and confirm with Dennis Oakley at Chase.
----- Forwarded by Mark E Haedicke/HOU/ECT on 05/30/2000 10:46 AM -----

	<DENNIS.OAKLEY@chase.com>
	05/30/2000 09:03 AM

		 To: Rebecca.Duran@chase.com
		 cc: Neil.A.Wright@chase.com, mark.e.haedicke@enron.com
		 Subject: Re: Enron Meeting

Rebecca can you get a conference room for me and let us all know which one.

Thanks

Dennis

---------------------- Forwarded by Dennis Oakley/CHASE on 05/30/2000 10:04 AM
---------------------------

Neil A. Wright   05/26/2000 09:29 AM
(Embedded image moved to file: pic14140.pcx)

Global Derivative Operations  718 242-7301    Fax Number: 718 242-3791

To:   Dennis Oakley/CHASE@CHASE
cc:   mark.e.haedicke@enron.com
Subject:  Re: Enron Meeting  (Document link: Dennis Oakley)

Dennis,

I would be more than happy to meet with you and the gentlemen from Enron.  I
have put May 31 at 1:30 in my diary - please advise me of the exact location.

Thanks,

Neil

05/25/2000 04:26 PM
Dennis Oakley
Dennis Oakley
Dennis Oakley
05/25/2000 04:26 PM
05/25/2000 04:26 PM

Global Credit Capital Management/Credit Derivatives  (212) 270-9015    Fax
      Number: (212) 270-2370

To:   Neil A. Wright/CHASE@CHASE
cc:   mark.e.haedicke@enron.com
Subject:  Enron Meeting

Neil,

Mark Haedicke is an ISDA Board member and works for Enron Corporation.  Mark
is
going to be in NY next Wednesday with two other colleagues visiting NY banks
to
discuss automating the derivatives back office and STP.  Would you be
available
to meet with Mark and me from 1:30 to 3:00 at 270 Park.

I've cc'd Mark on this in order to cut out the telephone tag if that time
isn't
good for you.  I am available all next Wednesday and they are visiting JPM
from
10:00 to 12:00.

Dennis

 - pic14140.pcx


We are making a number of significant organizational changes.  These changes
are intended to accomplish four key objectives:

First, we need to realign all our wholesale businesses around the successful
business model developed over the last decade in North America and Europe.
This model relies on extensive physical and transactional networks built
around a relatively small strategic asset position.

Second, we need to significantly streamline corporate reporting
relationships.  Particularly with Joe Sutton,s departure, the ability to
directly manage the day-to-day activities of 15 independent business units
has become increasingly difficult.

Third, we need to accomplish these changes without, in any way, compromising
the ongoing profitability of all our businesses and without delaying or
hindering our effort to monetize a significant portion of our lower-yielding
asset positions.

And fourth, as always, we need to take advantage of the reorganization to
redeploy our talent into our highest value opportunities.

ENRON WHOLESALE SERVICES

Today, we are forming Enron Wholesale Services (EWS) which will consolidate
our global wholesale businesses.  The closer alignment of our wholesale
businesses will accomplish the following: (1) enhanced communication and
coordination across business units, (2) more rapid deployment of people to
higher valued opportunities, (3) more effective prioritization of
opportunities across the wholesale business, and (4) more rapid extension of
Enron,s wholesale business model and capabilities into new industries and
markets.

Enron Wholesale Services will include our current North American, European
(including Japan and Australia), Global Markets, and Industrial Markets
operations, and will be expanded to include Enron,s Net Works business unit
as well as a new unit ) Enron Global Assets.  In addition, Enron,s merchant
businesses outside of North America and Europe will be integrated into this
new structure as described below.

Mark Frevert, currently Chairman of each of our wholesale units, will assume
the role of Chairman and CEO of Enron Wholesale Services.  Greg Whalley,
currently Chairman and CEO of Enron Net Works, will join Mark in the Office
of the Chairman as President and Chief Operating Officer.

Providing further impetus for these organizational changes, several of our
international business unit leaders have elected to move into new leadership
positions:

Rebecca McDonald, currently CEO of Enron APACHI, will join EWS as President
and CEO of Enron Global Assets. Enron Global Assets will have responsibility
for managing all of Enron,s existing energy asset portfolio outside of North
America and Europe.  Joining Rebecca in the Office of the Chairman as COO
will be Jim Hughes, currently COO of Enron APACHI.  Rebecca and Jim will
report to the EWS Office of the Chairman.

Sanjay Bhatnagar, currently CEO of Enron India, has joined EBS as CEO for the
Middle East and Asia region.  Sanjay will be responsible for building our
broadband business in this region and the current EBS team in this region
will report to Sanjay.  In this role, Sanjay will report to the EBS office of
the Chairman.  In addition, Sanjay will continue to remain responsible for
Enron,s wholesale energy business in India and will transition this business
into Enron Global Assets in the near future.

Diomedes Christodoulou, currently Co-CEO of Enron South America, has joined
EBS as Chief Commercial Officer.  Diomedes will be located in London and will
focus his origination activities on global opportunities, with near term
attention to the wholesale and enterprise sectors.  Diomedes will report to
the EBS Office of the Chairman.

Jim Bannantine, currently Co-CEO of Enron South America, will be joining EES
to lead EES, commercial efforts outside North America and Europe.  In order
to ensure a smooth transition for our South American businesses and to
facilitate our asset sales activities, Jim will remain in South America for
at least the next several months and continue to serve as CEO of Enron South
America.  Throughout the transition, Jim will report to Cliff Baxter and to
the Office of the Chairman of Enron Wholesale Services.  Following the
transition, Jim will join EES.

In addition to these changes in our international asset operations
activities, we are making the following changes in our merchant wholesale
businesses and the commercial support functions:

Enron Net Works
Louise Kitchen will assume Greg,s previous responsibilities as President and
CEO of Enron Net Works, reporting into Mark and Greg.

Enron Americas
Concurrent with the transfer to Enron Global Assets of responsibility for
operating Enron,s South and Central America asset base, all trading,
marketing, and new asset development activities in these regions will report
into a new entity, Enron Americas.  Enron Americas will have responsibility
for all wholesale merchant businesses across North, Central and South
America.  Dave Delainey, President and CEO, and John Lavorato, Chief
Operating Officer will comprise the Office of the Chairman for Enron
Americas.

Enron Europe
The Enron Europe organization, which includes Enron,s businesses in Australia
and Japan, and Enron Metals, remains unchanged under the leadership of John
Sherriff, President and CEO, and Michael Brown, Chief Operating Officer.

Enron Global Markets
Enron Global Markets, under the leadership of Mike McConnell, President and
CEO, and Jeff Shankman, Chief Operating Officer, will continue to have
responsibility for Enron,s Middle East and LNG operations.  With the
exception of Ecoelectrica in Puerto Rico, all operating power plants and
associated personnel in the Caribbean and Central America will transfer to
Enron Global Assets.  Enron Global Markets will also continue to manage the
commodity businesses in crude and products, coal, weather, insurance,
equities, interest rates, foreign exchange, and agricultural products.

Enron Industrial Markets
Enron Industrial Markets, organization, under the leadership of Jeff McMahon,
President & CEO, and Ray Bowen, Chief Operating Officer, remains unchanged.

Commercial Support for EWS
The commercial support functions for EWS will remain with, and be managed by,
the individual business units.  We are creating no incremental overhead in
the creation of EWS, and in fact hope to reduce our operating costs by more
efficient utilization and sharing of resources across EWS.

To this end we have asked several people to take on an expanded role across
EWS in addition to their ongoing roles within their business units.  These
newly defined roles are as follows:

Mid and Back Office Operations ) Sally Beck will lead Mid and Back Office
Operations across EWS.  These services will become part of Enron Net Works,
with Sally reporting to Louise Kitchen and Rick Causey, Executive Vice
President and Chief Accounting Officer.  This alignment creates a coordinated
services organization with IT and e-commerce platforms to support the
wholesale businesses and to maximize opportunities to commercialize these
services.  Mid and Back Office services for all commercial activities will
continue to be organized with dedicated operations controllers responsible
for specific commodities and/or geographic locations.
Legal ) Mark Haedicke will serve in the role of General Counsel for EWS.
Regulatory and Government Affairs ) This function will remain organized on a
regional basis.  Rick Shapiro will support all EWS businesses operating in
the Americas, and Mark Schroeder, who is based in London, will support all
European and Eastern Hemisphere operations.  Rick and Mark will also continue
to support all other Enron businesses operating in their respective regions
and will continue to report to Steve Kean, Executive Vice President and Chief
of Staff.
Public Relations ) This function is also organized primarily on a regional
basis.  Eric Thode will have responsibility for North American activity,
Enron Net Works, and Enron Industrial Markets.  Jackie Gentle will continue
in her role for Enron Europe (including Japan and Australia) and John Ambler
will have responsibility for activity outside North America and Europe as
well as providing support for Enron Global Markets and Enron Global Assets.
These individuals will also continue to have a split reporting relationship
to Mark Palmer, Vice President of Communications.
Business Analysis and Reporting ) Wes Colwell will expand his role to cover
EWS reporting in addition to his current role in North America.

Attached for your review is an organization chart for Enron Wholesale
Services which summarizes the changes described here.  As this organization
continues to evolve we will keep you informed of any additional changes.

ENRON GLOBAL EXPLORATION AND PRODUCTION
AND ENRON WIND

 As part of our company-wide initiative to examine our assets and investments
around the world, we are considering a variety of options with respect to
EGEP and EWC.  As a consequence, we are putting these businesses under Cliff
Baxter,s direction.  Jeff Sherrick, CEO of EGEP, and Jim Noles, CEO of Enron
Wind, will report to Cliff.

CORPORATE STAFF

 We are consolidating the corporate staff functions: Human Resources,
Government Affairs, Public Relations/Communications and Administration.  In
that regard, Cindy Olson, Executive Vice President of Human Resources and
Community Relations, will report to Steve Kean, Executive Vice President and
Chief of Staff.

COMMITTEE STRUCTURE

 In light of the increased leadership opportunities created by Enron,s
growth, the Executive Committee will be expanded to include more of our
business unit leaders.  The primary role of this committee will continue to
be the communication of relevant information across Enron,s businesses and
the coordination of activities across those businesses.  We will also be
drawing on this group to lead company-wide initiatives such as the
performance review process and evaluation and creation of new businesses.
The Executive Committee membership is shown on the attached list.

 We are also forming a new committee ) the Enron Corporate Policy Committee.
This group will be responsible for overall corporate policy, personnel
management policy and corporate strategy.  The Enron Corporate Policy
Committee membership is also shown on the attached list.

 We are confident that these changes will align our talent and our capital to
our highest return opportunities.  Please join us in congratulating and
supporting all of these individuals in their new roles.


Griff,

It is bidweek again.  I need to provide view only ID's to the two major
publications that post the monthly indeces.  Please email an id and password
to the following:

Dexter Steis at Natural Gas Intelligence- dexter@intelligencepress.com

Liane Kucher at Inside Ferc-  lkuch@mh.com

Bidweek is under way so it is critical that these id's are sent out asap.

Thanks for your help,

Phillip Allen


Steve

I understand from Elspeth that you don't need recruitment related bullets but here are the quick ones that I threw together - sorry if they are off the mark as I caouldn't get a clear understanding of what you wanted.

Neil

-----Original Message-----
From: Davies, Neil
Sent: Tue 10/16/2001 5:14 PM
To: Inglis, Elspeth
Cc:
Subject: Bullets - owe you 10

1) The Enron Employment Brand

Based on our commercial brand - we want people are :

Bold - enough to see the right answers and look for the right questions
Smart - clever enough to see a new solution, wise enough to judge it's merits
Innovative - both in quests for new ideas and in creation of new businesses
Ambitious - people who aspire to success because they know our work has purpose and consequence
United - we are united internally to reach our goals and with our clients to exceed their expectations

2) Re-active Recruitment

www.enron.com/work@enron <http://www.enron.com/work@enron> - 1 million hits every 6 weeks

15,000 applications per month

candidates create their own personal profiles which they can update

individual jobs are posted and can be applied for

3) Pro-active recruitment

internal team of headhunters trained to find talent
search and identifying talent in new industries to help us create new markets
extensive use of employee referrals
tools such as Monster.com

4) Hire sources

internal headhunters - 20%

agencies - 13%

referrals - 39%

internal - 28%

5) Entry level Programs for growing new talent

Extensive campus presence globally :

Commercial analyst and associate program - commercial talent

HR analyst and associate program

Global technology track - IT talent

Tax track - taxation and accounting professional


Ladies and Gentlemen,

Due to unavailability of conference rooms on the 44th floor I have reserved a
conference room on the 19th floor from 2:30 PM to 4:30 PM.  The room number
is 19C2.  I realize some people might not be able to attend, so please let me
know and I will e-mail you a summary of the discussions after the meeting.  I
would also like to suggest that we make this a regularly scheduled meeting
and have it bi-weekly or monthly.  This will allow everyone to share their
opinions and knowledge to direct or redirect our efforts based on the market
situation.  Please let me know if you have any comments or suggestions.
Thank you.

Shalesh Ganjoo


THE LIGHTHOUSE
"Enlightening Ideas for Public Policy..."
VOL. 3, ISSUE 22
June 4, 2001

Welcome to The Lighthouse, the e-mail newsletter of The Independent
Institute, the non-politicized, public policy research organization
<http://www.independent.org>. We provide you with updates of the
Institute's current research publications, events and media programs.

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IN THIS WEEK'S ISSUE:
1. The Regulatory Trap
2. World Freedom Index
3. Why Are the Public Schools Failing and What Can Be Done? -- Next
Independent Policy Forum (July 5, 2001)

-------------------------------------------------------------

THE REGULATORY TRAP

California's energy crisis is often portrayed as a failure of
deregulation. In reality, however, the restructuring of the Golden
State's power industry short-circuited rather than deregulated the
market process.

Legislation that squeezes all buyers and sellers into a short-term
spot market rather than lets them agree on the terms of their
contracts, imposes protectionist price floors that then become price
ceilings, and tilts the playing field against new suppliers and
distributors can be considered "deregulation" only in the sense that
Soviet-style economic planning can be considered "economic."

Had California taken deregulation seriously, it is likely that
electricity would be more plentiful and cheaper than before, as in
Pennsylvania, where deregulation, while still not 100 percent, is at
least worthy of the title.  But why didn't California legislators
attempt genuine deregulation? More broadly, why is deregulation so
seldom attempted anywhere, despite the fact the economists routinely
take pains to show how regulation is wasteful?

Economists often argue that resistance to deregulation stems mostly
from the fact that the benefits of deregulation are spread out among
potentially millions of people, while the benefits of regulation are
concentrated; the few who benefit find it easier to politick for
their cause.

While this is often a factor, there are several other reasons why
regulations become entrenched, according to economist Fred S.
McChesney. First, politicians assume that the public can live with
the status quo. Second, deregulation is likely to be entrusted to the
very politicians and bureaucrats who oversaw, and politically
benefited from, the existing regulatory regime. Third, regulation's
beneficiaries would expect to be paid off by the deregulation's
beneficiaries. Fourth, some of the costs of regulation are sunk,
e.g., spent on lobbying, and therefore can't be recovered by
deregulation. Fifth, the government may well confiscate the gains of
deregulation through taxes.

What McChensey explains is the existence for a stubborn regulatory
"lock-in," which unlike the urban myths of market lock-in (refuted in
Stan Liebowitz and Stephen Margolis's persuasive book, WINNERS,
LOSERS AND MICRSOFT), does not go wanting for empirical examples.

"As many have noted, regulation is much easier to get than to get rid
of. The predictable path, once regulation has been adopted, is a
series of ratchets upward."

Here McChesney relies on the notion of a ratchet effect (described in
detail in Independent Institute senior fellow Robert Higgs's book,
CRISIS AND LEVIATHAN): Each new government regulation or program
creates a new baseline from which it rarely if ever retreats.

This description of the regulatory state is apt, but let us suggest a
more vivid one. As in the old Roach Motel TV commercials, regulations
check in, but rarely check out. This metaphor at least has the
advantage of helping us keep in mind the sort of critters we are
dealing with.

See "Of Stranded Costs and Stranded Hopes" by Fred S. McChesney (THE
INDEPENDENT REVIEW, Spring 1999), at
http://www.independent.org/tii/lighthouse/LHLink3-22-1.html.

For an examination of regulatory lock-in during the Reagan
administration, see the Independent Institute book, REGULATION AND
THE REAGAN ERA, edited by Roger Meiners and Bruce Yandle, at
http://www.independent.org/tii/lighthouse/LHLink3-22-2.html.

For the Independent Institute's archive on energy policy, see
http://www.independent.org/tii/lighthouse/LHLink3-22-3.html.

-------------------------------------------------------------

WORLD FREEDOM INDEX

According to the 2001 Index of Economic Freedom, only 12 countries,
representing 7 percent of the world's countries, can be considered
free. The report is overly optimistic, however; it overstates the
freedom and understates the repression in the freer countries,
according to Paul Craig Roberts, research fellow at The Independent
Institute, in a recent syndicated column.

"Hardly any of the index's 12 free countries are really free," writes
Roberts. "For example, both the United States and Great Britain fall
in the 'repressed category' of the index with regard to tax burden,
as do Luxembourg, the Netherlands and Australia."

The share of personal earnings collected as government taxes in the
index's freest countries often rivals the one-third taken from feudal
serfs by their lords or the fifty percent taken from 19th century
slaves by their masters.

"How can property rights be secure when taxation can claim a feudal
lord's or slave master's share of a citizen's working time?" asks
Roberts.

Further, property rights are seldom fully secure even in the index's
highest-ranking countries. For example, "U.S. property owners are at
grave risk of many federal, state and local laws that permit their
property to be seized on the slightest pretext. In 80 percent of
asset forfeitures, no charges are brought against the former owners.
To overlook this great insecurity of property in the United States is
to concoct a fanciful measure of property rights."

What the index really shows, Roberts concludes, is that there are
virtually no free countries in the world.

See "Freedom's Unheard Call" by Paul Craig Roberts, at
http://www.townhall.com/columnists/paulcraigroberts/printpcr20010516.shtml.

For a detailed critique of earlier indexes of freedom, see "Are We
All Capitalists Now?" by John R. Hanson II (THE INDEPENDENT REVIEW,
Spring 1999), at
http://www.independent.org/tii/lighthouse/LHLink3-22-5.html.

On the relationship of property rights to liberty, see:

Peter Mentzel's review of PROPERTY AND FREEDOM by Richard Pipes (THE
INDEPENDENT REVIEW, Fall 2000), at
http://www.independent.org/tii/lighthouse/LHLink3-22-6.html.

T. Norman Van Cott's review of THE NOBLEST TRIUMPH: Property and
Prosperity through the Ages, by Tom Bethell
http://www.independent.org/tii/lighthouse/LHLink3-22-7.html.

-------------------------------------------------------------

WHY ARE THE PUBLIC SCHOOLS FAILING AND WHAT CAN BE DONE? -- Next
Independent Policy Forum (July 5, 2001)

American children learn less than they did 30 years ago, and even
where there are signs of improvement, they are small. Many high
school graduates -- 90 percent of whom attended government-operated
public schools -- lack the skills needed in today's
knowledge-intensive workplace. Further, many students fail to
graduate. (The dropout rate in California is 32 percent overall, and
45 percent for immigrants.) Parents and educators have long
recognized the shortcomings of the public school system, but their
efforts to reform it have failed. Are school vouchers and charter
schools the answer? What about teacher-owned schools? What other
reforms might make schools more innovative and accountable to
parents? Please join us as education experts RICHARD VEDDER and JOHN
MERRIFIELD examine new strategies for achieving educational
excellence.

SPEAKERS:

   -- RICHARD VEDDER, Senior Fellow, The Independent Institute;
Professor of Economics, Ohio University; author, CAN TEACHERS OWN
THEIR OWN SCHOOLS?

   -- JOHN MERRIFIELD, Senior Research Associate; The Education Policy
Institute; Professor of Economics, University of Texas, San Antonio;
author, THE SCHOOL CHOICE WARS

WHEN:
        Thursday, July 5, 2001
        Reception and book signing: 6:30 p.m.
        Program: 7:00 - 8:30 p.m.

WHERE:
        The Independent Institute Conference Center
        100 Swan Way
        Oakland, CA 94621-1428
        For a map and directions, see
        http://www.independent.org/tii/tii_info/about.html#map

TICKETS: $30.00 per person: includes one copy of Richard Vedder's
book, CAN TEACHERS OWN THEIR OWN SCHOOLS?, OR John Merrifield's book,
THE SCHOOL CHOICE WARS, OR admission without a book is $10 per person
($7 for Independent Institute Associate Members)

Praise for Richard Vedder's book, CAN TEACHERS OWN THEIR OWN SCHOOLS?

"Vedder suggests for-profit schools owned and operated by teachers
and school administrators would offer a promising alternative to the
present public school system."
   -- SCHOOL REFORM NEWS

"Nobody yet has found a foolproof formula for revitalizing American
K-12 education. So let's be humble enough -- and empirical enough --
to try as many tantalizing approaches as we can. In that spirit, I
commend Richard Vedder's pioneering ideas."
   -- CHESTER E. FINN, JR., former Assistant Secretary, U.S.
Department of Education

For more information about CAN TEACHERS OWN THEIR OWN SCHOOLS?
see http://www.independent.org/tii/lighthouse/LHLink3-22-8.html.

Praise for John Merrifield's book, THE SCHOOL CHOICE WARS

"Professor Merrifield asks this question: what is meant by and what
is the intended consequence of reforms bearing such labels as
vouchers, school choice, charter schools, privatization, and
competition? This book brilliantly and clearly exposes the
superficiality and extraordinary fuzziness of those labels."
   -- SEYMOUR B. SARASON, author, CHARTER SCHOOLS: Another Flawed
Educational Reform?

For more about this event, see
http://www.independent.org/tii/lighthouse/LHLink3-22-9.html.

-------------------------------------------------------------

THE LIGHTHOUSE is made possible by the generous contributions of
supporters of The Independent Institute. If you enjoy THE LIGHTHOUSE,
please consider making a donation to The Independent Institute. For
details on the Independent Associate Membership program, see
http://www.independent.org/tii/lighthouse/LHLink3-22-10.html or
contact Ms. Priscilla Busch by phone at 510-632-1366 x105, fax to
510-568-6040, email to <PBusch@independent.org>, or snail mail to The
Independent Institute, 100 Swan Way, Oakland, CA 94621-1428. All
contributions are tax-deductible.  Thank you!

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For previous issues of THE LIGHTHOUSE, see
http://www.independent.org/tii/lighthouse/LHLink3-22-11.html.

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For information on books and other publications from The Independent
Institute, see
http://www.independent.org/tii/lighthouse/LHLink3-22-12.html.

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For information on The Independent Institute's upcoming Independent
Policy Forums, see
http://www.independent.org/tii/lighthouse/LHLink3-22-13.html.

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To subscribe (or unsubscribe) to The Lighthouse, please go to
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Copyright ? 2001 The Independent Institute
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Oakland, CA 94621-1428
(510) 632-1366 phone
(510) 568-6040 fax


I have made changes for "97-10" compliance to the last draft I have of
Karen's redline.   The gist of the changes is that the Owner is a beneficiary
under the contract, but has minimal obligations thereunder.   The
Construction Manager has most of the obligations, but cannot provide the
indemnification EECC is used to seeing from their counterparty.

Lisa - there may be spots where you do or do not want the Owner mentioned - I
tried to limit it to when the Owner was a beneficiary, but that may strain
some of the legal relationships - we may need to change a few of the
references.   Accounting may have some objections to the way some things are
phrased also.

I think we can get there with EECC, but it will take some work.  John is
getting back to me as to his availability for a meeting Tues. or Wed.

Rose


Dear Associate / Analyst Committee:

The following attachment is information regarding upcoming events in the Associate / Analyst program. Please "save the date" on your calendars as your participation is greatly appreciated. Any questions or concerns you may have can be directed to John Walt or Donna Jones.

Thank you,

Associate / Analyst Program
amh