PLEASE DO NOT DISTRIBUTE.  I haven't read this yet, so I don't know if it's
good bad or indifferent.  McFadden is one of the Manifesto signers and a
Nobel Laureate.  If folks have comments, please forward them along and I will
get them into the mix.  Thanks a bunch.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 02/02/2001 08:07 PM -----

	Dan McFadden <mcfadden@econ.Berkeley.EDU>
	02/02/2001 04:35 PM

		 To: David Teece <teece@haas.berkeley.edu>, CKM@pa.urel.berkeley.edu,
dackman@forbes.net, jwilcoxa@earthlink.net
		 cc: jim.sweeney@stanford.edu, spiller@haas.berkeley.edu,
John_Chandley@LECG.com, tyson@haas.berkeley.edu,
tom_campbell@law.stanford.edu, shmuel@euler.berkeley.edu, willrichm@aol.com,
george_barker@LECG.com, cdanner@wilkandassociates.com,
gilbert@econ.Berkeley.EDU, yellen@haas.berkeley.edu, scott_harvey@LECG.com,
jscadding@wilkandassociates.com, mwilk@wilkandassociates.com,
phillip_mcleod@LECG.com, berk@haas.berkeley.edu, john_chandley@LECG.com,
jdasovic@enron.com, lfried@uclink.berkeley.edu, william_hogan@harvard.edu,
rmichaels@fullerton.edu, borenste@haas.berkeley.edu,
richard.rumelt@anderson.ucla.edu, rschmidt@LECG.com,
pverleger@compuserve.com, pjoskow@mit.edu, joseph.mullinix@ucop.edu,
mcfadden@econ.Berkeley.EDU, steven@stoft.com, peter.gosselin@latimes.com
		 Subject: Statement on Energy Crisis

I have prepared a statement on the California energy crisis in response to
a solicitation from the Wall Street Journal, and attach a preliminary first
draft in pdf and Wordperfect formats.  This may or may not appear in some
edited form as an op-ed piece in the WSJ.  Although this statement is in
my own words, I believe it is consistent with the Manifesto.  I would
appreciate feedback from my fellow economists if I have made statements that
contradict the Manifesto, or most critically have made arguments that they
feel are not sound economics.  I will try to incorporate suggestions in the
next draft.  Thanks for your reaction.

I am also sending copies of this draft to a couple of people in the media
other than the WSJ, and they are welcome to use the content but not the text
if they want a summary of my take on the crisis.

Dan McFadden
 - Energy.pdf
 - Energy.wpd


Hello :

Mark Patterson send us OOMC deployment through email and we
found we were being send empty MCP in  OOMC deployment's  messages as a result we were not able to receive it.Now we are also accomodating  empty MCP tag's and we have tested it,we will be doing further testing  today when ercot will be sending us  OOMC deployment's .

Thankx
Sasha
310-770-4874


Please inactivate the FT-INT-CNT-TRAN book in TAGG.  All of the sub books
associated with this should also be inactivated, i.e. Price, Basis, Index and
GD.  The trader responsible for these books has been gone for over 6 months
and all the deals in that book have now rolled off.  If you need any further
information, please feel free to give me a shout.  Thanks for your help.
PL


not much.  just over here working on the estate, which is so much fun!  how about you?  do you think that you are going to like ubs?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, February 05, 2002 12:54 PM
To:	Nelson, Michelle
Subject:	RE:

we are so so, what have you been up to, i was in the cafeteria,

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, February 05, 2002 12:34 PM
To:	Maggi, Mike
Subject:

were you in the cafeteria earlier?  i thought that i saw you, but it was from far away.  how are you and sarah doing?


----- Forwarded by Mark E Haedicke/HOU/ECT on 06/08/00 07:10 PM -----

	"Wood, Don" <DWood@lockeliddell.com>
	06/07/00 12:24 PM

		 To: "Mark Haedicke (E-mail)" <mark.e.haedicke@enron.com>
		 cc:
		 Subject:

Mark-    I'd like to invite you to pareticipate in the newly formed Houston
Chapter of the Texas General Counsel Forum.  GC and their direct reports are
the targeted membership and the organization has been very successful in
Dallas.  Led by several local GC and supported by only a few large law and
accounting firms, the Houston effort is just beginning.  Current
participants include Chase, Reliant Energy, Compaq, Texaco, Equiva, American
General, Sterling Bankshares and others.

 A breakfast meeting is scheduled for June 13 at the Doubletree in Allen
Center at 8:00 a.m. in the Granger A conference room.  Each organizer is
inviting two guests and I hope you can be one of mine.  Of course,  we would
also like Jim to participate and membership is open to all GC or their
direct reports in a company. Vince may visit with Jim about this group.

I have copied below a blurb desciribing the TGCF and membership plans. Let
me know by phone or email.  Thank you very much.

I just got back form 6 rounds of golf in 3 days at the Inn of the Mountain
Gods in Ruidoso. And a little time in the casino. Have you played there? My
game can be desrcibed as " arguably improving early beginner", says the rest
of the foursome.

                                             The Texas General Counsel Forum
is an organization whose mission is to
                                             facilitate communication and
information sharing among general counsel and
                                             outside counsel of best
practices for legal department management and for
                                             effective communication between
the legal department and executive
                                             management. Membership is open
to general counsel and their direct reports
                                             with management responsibility
for legal affairs of their companies, and
                                             to select outside counsel who
provide services to corporate legal departments.
                                             Directors and members of the
Forum will be present to discuss the
                                             organization's goals, purpose
and activities. Information about
                                             up -coming events and
membership applications will be available.


BUSINESS HIGHLIGHTS

Enron Global Markets
EGM's global crude and products group closed its largest trades to date with EOTT Energy Partners, L.P. (NYSE: EOT) on June 29,2001.  Enron Gas Liquids, Inc. ("EGLI") is the counterparty to a 10-year toll conversion agreement and a 10-year storage capacity agreement that also provides transportation.  The toll conversion agreement calls for EGLI to deliver a combination of feedstocks (methanol, natural gas, and normal butane) to be converted into various offtake products, primarily MTBE.

As a part of the 10-year conversion agreement, EGLI has the option to convert the facility into an Iso Octane plant.  The option to convert is EGLI's sole and exclusive right.  In addition, the call helps to mitigate the regulatory risk associated with the MTBE market.

Prior to the close of the 10-year conversion and storage capacity agreements, Enron's corporate development group organized the sale of the hydrocarbon-processing complex in Morgan's Point, Texas, and a liquids pipeline grid system to EOTT for approximately $120 million.  The asset sale was predicated on the agreements to be entered into between EGLI and EOTT.

These combined agreements represent EGM's largest transaction to date.

EGM Fundamentals
EGM Fundamentals welcomes Andrew Hill to the Houston office for a six-month assignment from London.  Andrew joined EGM in March as a Senior Specialist and has been instrumental in developing the growing range of EGM Fundamentals publications such as Critical Mass and The Week Ahead.  In Houston, Andrew will be working with Richard Lassander to manage analysis of the crude and products markets.  Prior to joining EGM, Andrew worked as a management consultant specializing in Latin America with Wood McKenzie.

EGM Fundamentals has begun analysis of domestic freight markets.  This new effort, managed by Jeff Andrews, is being coordinated with Matt Arnold's forward trading group in Enron Freight Markets (EFM).  Current analysis is focused on over-the-road trucking, following the initial commercial focus of EFM, and the development of diesel hedging strategies.  Related projects include modeling the seasonality of trucking demand and diesel fuel consumption and forecasting on-road diesel prices.  Within the next three to four weeks, analysis will begin of the intermodal freight network.  Interested parties should watch the EGM Fundamentals intranet site (<http://egmfundy.corp.enron.com>) for updates.

East Power Origination
The Sand Hill Energy Center in Austin was dedicated on Wednesday, July 11th at 10:00 am.  The $93.7 million project is the first peaking facility of its kind in Texas to be constructed with selective catalytic reduction pollution control equipment that reduces the nitrogen oxide (NOx) emission rate by 80 percent.  NOx emissions from the units are 5 parts per million (ppm), which is considerably less than the amounts allowed by state and federal regulations.  Congratulations to the development team!

IN THE NEWS

"For California to continue this bogus claim of $8.9 billion, I think just shows that they are not interested in any kind of a settlement," Enron spokesman Mark Palmer said. "They are just interested in creating a whipping post. The last thing that the political leadership in California wants to do is take responsibility for the problem they created."  Houston Chronicle, July 10, 2001.

WELCOME
New Hires
EGM  - Todd Litton
EIM   - Ayesha Kanji, Matt Christiansen
ENA  - Alex McElreath, Chris Czuppon, Joanne Rozycki, Todd Callaway, Lisa Koerselman, Christopher Davis, Sandra Haldeman

Transfers (to or within)
ENA - Michael Newlin, John Garrison, Cheryl White, Diane Cook, Jennifer Martinez
EIM - Sylvia Sauseda
EGM - John Cote, Laura Mireles, Tim Norton, Doris Wilhoite

NUGGETS & NOTES

Travel tip of the week:
Out of Town Calling. Direct calls from hotels are not encouraged. When calling to the Enron Building, 3 Allen Center or Omaha, use of the 1-800-97-ENRON is often the most cost effective method.  For other locations, dial 1-800-96-ENRON, enter the number you are calling and then your AT&T corporate calling card number.  Please contact your Lan support department for 1-800 dial-in numbers for cost effective remote connections.

Global Strategic Sourcing: UPS
As part of the recently negotiated agreement with United Parcel Service (UPS), Enron employees may now utilize two new letter centers when sending packages after hours.  These letter centers are located in Three Allen Center, on the ground level, behind the down escalator, near the U.S. Postal Services self-service area and in the Enron Building, at the back of the escalators near the automated teller machine.

Letter-sized envelopes, as well as boxes up to 18"x 13" x 3" can be shipped via Next-Day Air, Second-Day Air, Third-Day Select, UPS International and UPS World-Wide Express Service.  Pick up times at the letter centers are 7:45 p.m. for Three Allen Center and 8:00 p.m. for the Enron Building, Monday through Friday.

Contact: Glenn Lewis, Global Strategic Sourcing contract manager at 713-646-7512.

EnronOnline Statistics

Below are the latest figures for EnronOnline as of July 12, 2001:

     	Total Life to Date Transactions > 1,180,000
Life to Date Notional Value of Transactions > $696 billion

NEWS FROM THE GLOBAL FLASH

Enron Secures First Industrial Customer Gas Supply Deal In Germany
Congratulations to the German Gas Origination team for closing its first physical supply contract with an industrial customer.  The customer, based in Stendal, Germany, operates steam boilers for a milk factory and will be taking gas from Enron for a contract of 9.3 MW of interruptible one-year base load.

In connection with this supply contract the Continental Gas Trading team completed a gas supply transaction, the first inside Germany by a non-incumbent player, with EnBW at Steinitz, to overcome capacity constraints expected in Q3 this year.  Due to the fragmented gas industry in Germany, Enron had to secure transport with no less than four network operators inside Germany in order to close the gas supply deal.  "Although we are happy that we have successfully secured all necessary transportation to fulfill our contractual obligations, it was quite a challenge to reach agreement with four network operators -- while this was a transaction only within Germany, the negotiation with the network operators was as complex as securing gas transport from Ireland through the UK and Belgium into France," commented Carsten Haack, who closed this deal together with Helge-Juergen Beil, Ulrich Finke and Gordon Smith from the German Gas Origination team.  Another important element of the deal is that the team succeeded in establishing the first transportation contract for VNG, Germany's largest German import company after Ruhrgas. "This contract will serve as a useful basis for future gas deals, especially in East Germany, " said Haack. "But more importantly, this deal will send a message to the market that once again Enron has proven to customers it can deliver on its promises and, of equal importance, that network operators had better take our transportation requests seriously!" he added.

ETOL Celebrates New Deals With Du Pont
Congratulations to Enron Teesside Operations Ltd (ETOL) for signing a series of deals with chemical giant Du Pont for supplies to its facilities at Wilton International.

A new arrangement between the two parties means Enron will supply two million tonnes of steam and 30 MW of electricity a year to Du Pont's nylon plants. New agreements have also been reached for gas supplies, and for the provision of a number of key site services including pipeline maintenance, security and emergency response.

Paul Gavens, CEO of ETOL, said: "Securing an exclusive long-term supply agreement of this nature with one of our largest customers is a fantastic achievement for ETOL. The new arrangements extend the terms of our current contract for steam and power to 2010, restructure the pricing arrangements and offer the opportunity for adding value to both companies by optimizing the operation of their respective assets."

Enron's Northernmost Partner!
Enron Nordic Energy has entered into a partnership agreement with Varanger Kraft AS.  Under the terms of the deal, Enron Nordic Energy will assist Varanger in hedging its power sales, power prices and area prices.  The partnership will also involve the development of a risk strategy for Varanger and the provision of weather risk products relating to water flow and temperature risk.  In addition, the agreement will open opportunities for Enron to develop contacts with Varanger Kraft's Russian partners and the Russian market generally.  Following a deal with Luster Energiverk, this is the second such agreement closed by Enron Nordic Energy in recent weeks.

This is our first partner in the Nordic region with established relationships in Russia, through its ownership of a grid connected to Russia.  Varanger has hydro power plants on the Passvik river near the Russian border.  As the Passvik river flows on both sides of the border, Varanger works in cooperation with Russian partners to manage the water storage.

LEGAL STUFF
The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries.  It is intended for internal use only and should not be disclosed.

<Embedded Paintbrush Picture>


---------------------- Forwarded by Mark Breese/HOU/ECT on 04/25/2001 09:30
AM ---------------------------

	Enron Capital Management

	From:  Mark Breese                           03/27/2001 02:48 PM

To: Jin Guo/HOU/ECT@ECT
cc:
Subject: NETBACK MODEL

---------------------- Forwarded by Mark Breese/HOU/ECT on 03/27/2001 02:45
PM ---------------------------

Phil DeMoes@ENRON
03/20/2001 08:31 AM
To: Mark Breese/HOU/ECT@ECT
cc:
Subject: NETBACK MODEL

Mark,

Les has worked up some economics on transport regarding Elba.  He would like
to have some pull down buttons for fuel, zone, gri, etc. to look at different
netbacks.  He is continuing to revise this but this is the first start.
Whoever is working on this needs to get an overview from Les and I so they
understand what we are looking for.

Thanks.
---------------------- Forwarded by Phil DeMoes/Corp/Enron on 03/20/2001
08:33 AM ---------------------------

Les Webber @ ENRON_DEVELOPMENT

03/20/2001 07:55 AM
To: Phil DeMoes/Corp/Enron@ENRON
cc:

Subject: NETBACK MODEL

PHIL:

Here is trhe model we discussed.

I am going to add some sheets this A.M., so if Mark is going to get someone
to work on it, the individual should go thru what I have done, determine what
improvements can be made, then contact me.  I will send the latest version to
them, then they will take over full control.

Regards.
Les


Won zero money but didn't lose much either.  I'll pass on the rodeo - I'm
still recovering from a week of birthday celebrations topped by a weekend in
Las Vegas - thanks for the invitation though.  I didn't realize that you were
moving this weekend. For some reason I thought that it was another day.  I
have to help a friend move tonight.  Unfortunately, I don't think that I'll
be able to pitch in for your move this weekend because I'll be in NY. Sorry -
although you probably have your hands full with the hourly boys helping you.

Enjoy the day!

>>> <Joe.Stepenovitch@enron.com> 02/19/01 11:21AM >>>

Good Morning,

So you went to Las Vegas...That's awesome!!!  Did you win lots of money??

I didn't do much..I played golf yesterday and got some sun on my face...It
was so  beautiful yesterday, I can't wait for the summer!  I think I'm
leaving early and finish some packing.  I'm moving this weekend!  So, If I
don't e-mail you again its nothing personal!!  Have a great day and don't
work to hard!!   I think were going to the rodeo tonight, If you want to go
just give me a call.

Anyway, I'll talk to you tomorrow if I don't hear from you tonight!

-me


[IMAGE]

Thank you for using our automated self service password reset option.

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Please follow the steps to reset and synchronize your passwords.

1.        Go to ehronline.enron.com
2.       Click on the [IMAGE] button
3.       Enter your User Id (SAP Personnel Number) and temporary password (located at the bottom of this email)
4.       You will then be asked to change your password
5.       Enter your new password twice
6.       Once you have successfully changed your password in eHRonline, you have synchronized your password for SAP (Apollo Production and HR Production), eHRonline, iBuyitand iPayit
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The password for your account: P00500297   has been reset to: 12747058

Go to eHRonline now: http://ehronline.enron.com

 - C.DTF


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 07/05/2000
03:02 PM ---------------------------

"Julie Haviland" <julie.haviland@PaineWebber.COM> on 07/05/2000 01:33:55 PM
To: "'vkamins@enron.com'" <vkamins@enron.com>
cc:
Subject: Corp and Muni bonds

Here's what I found.  Pls let me know if I can help you with anything.  I
checked on the bonds that we spoke with you about earlier.  The call date was
in August so I just passed on it.  These look pretty good.

Thanks, Julie
 - kaminsky2.doc