Sorry if you got this twice.............
-Faunce
---------------------- Forwarded by Matthew Faunce/US/Raytheon on
10/25/2001 10:11 AM ---------------------------

Charlie Toole <ctoole@boston-engineering.com> on 10/25/2001 10:03:23 AM

To:   sammidow@genuity.com, Justin.Barber@natick.army.mil,
      gbarroso@netnumina.com, mikebasl@hotmail.com, bensle@hotmail.com,
      cpb@epm-inc.com, bcohen@cisco.com, bsd@ksinc.net, sald@earthlink.com,
      jdipaoli@rjagroup.com, kdobecki@emc.com, gducharm@lytron.com,
      sduffey@sar.com, ddufort@home.com, ddufort@jersey.net,
      Matthew_Faunce@raytheon.com, gloverk@seas.smu.edu,
      jhone@lonzabiologics.com, mlang32696@aol.com, kledoux@avici.com,
      jmalboeu@husky.ca, GMasterson@hgi-fire.com, mnorris@aware.com,
      dolsen01@opal.tufts.edu, mong@osmonics.com, jason.papp@home.net,
      adelphoi@hotmail.com, aproulx@ludlowhq.com,
      S.Sienkiewicz@kidde-fenwal.com, timothy.w.spence@baesystems.com,
      jeremy_stevens@notes.teradyne.com, kstubert@juno.com,
      wsullivan@Brooks.com, VANDETTC@bsci.com, michaelwillock@yahoo.com,
      jeffrey.wilson@atlp.com, justin.woodfall@ae.ge.com
cc:

Subject:  Mike Marcoux

Many of you know this and some don't,

Mike Marcoux's mother passed away on Sunday.  In his mothers memory he has
setup a scholarship fund at the Webster Five Cents Savings bank.  I think
that it would be a nice gesture to make a donation.  I'm asking that people
contribute $10.  You can send more or nothing, it's your decision.  If you
like you can send the money to me:

199 River St. #2
Waltham, MA 02453

and I'll send one check or directly to the fund:

Phyllis M. Pratt Memorial Scholarship Fund,
c/o Webster Five Cents Savings Bank,
343 Main Street, Oxford, MA 01540.

Thanks,

PA

Toole

PS
Faunce could you forward this along to other SAE's?
Thanks.


Sevil,

Stop by any time.

Vince

 -----Original Message-----
From: 	Yaman, Sevil
Sent:	Tuesday, November 13, 2001 3:25 PM
To:	Kaminski, Vince J
Subject:	all research meeting

Vince,

Regarding everything we talked today in all research meeting I was wondering how all these things are going to affect my situation. As we talked couple months ago I was trying to get ready to be employed full time in the new year. So in this case what do you recommend me to do? Shall we stick to what we talked before or shall we wait and see what time is going to bring? It'd be really nice if you could give some kind of direction.
Thanks,

Sevil Yaman
Enron Research Group
713-345-8083


Please mark your calendars.  Emory Ireland and Martin Weinstein of Foley &
Lardner will be conducting a presentation regarding the nuts and bolts of
Letters of Credit on Wednesday, May 23, 2001 from 8:45 a.m. to 10:00 a.m. in
EB5C2.  Please RSVP to Carolyn George at ext. 33439 or
carolyn.george@enron.com if you plan to attend.

Thank you,

Julia Heintz Murray
Enron Wholesale Services
Enron Industrial Markets LLC
1400 Smith Street, EB3838
Houston, TX  77002
(713) 853-4794
Fax:  (713) 646-3393
julia.murray@enron.com


I wanted to make sure that you saw this.
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/26/2001 10:17
AM ---------------------------

Scott Laidlaw@ENRON_DEVELOPMENT
12/06/2000 03:41 PM
To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Ben Jacoby/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Chris
Booth/NA/Enron@Enron, Dan Shultz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Matthew
Tezyk/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank R
Cervenka/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Westinghouse 501D5A damaged generator

john - thanx for your time on phone this afternoon.

a) just received cc of letter from westinghouse.  in it, they assert that:

"title to the existing generator passed to enron upon delivery into the
united states.  delivery occurred at houston on or about 23jul00.  as
required by the contract and incoterms 1990, risk of loss to the generator
passed to enron when the generator arrived (ddp) at houston while the
generator remained on board the common carrier.  the generator was delivered
in an undamaged condition.  title and risk of loss passed to enron before the
water damage to the generator occurred."

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

b) per the contract between enron and westinghouse:

section 15.1.2 title to Equipment - Title to the Equipment will pass to
Purchaser immediately upon entry into the united states.
section 15.2 risk of loss - Seller shall bear the risk of loss and damage
with respect to the Equipment until delivery of the Equipment to the Delivery
Point in accordance with Section 3.2.1.  Seller shall be required to inspect
the Equipment for damage at the Delivery Point.
section 3.2.1 - Seller shall cause the Equipment to be delivered to the
Delivery Point on a DDP basis in accordance with Sections 10.2.1 by the date
set forth therein.
section 3.2.2 - Seller shall be responsible for delivering the CT-Unit DDP to
the: (iii) u.s. port of export by any means of transport.
section 3.2.3 - Seller shall perform customs clearance for the Equipment
through u.s. customs and pay any import duties.
section 10.2.1 Guaranteed Unit Delivery Date - Seller will cause the CT-Unit
(author's note - includes the generator) to be delivered in an undamaged
condition in accordance with the Specification-CT to the Delivery Point (DDP)
in accordance with Schedule I below (the Guaranteed Unit Delivery Date).
(author's note - the date specified in the contract was later slipped per
agreement with enron).
section 10.2.3 Completion of Delivery - delivery of the CT-Unit to the
Delivery Point shall be considered complete for the purposes of Delivery
Liquidated Damages as it pertains to the delivery of Major Components
(author's note - includes the GT and generator) when the last Major Component
of such CT-Unit is delivered DDP to the Delivery Point in complete and
undamaged condition.  ...  Purchaser shall have the right to inspect the
Equipment for condition of the Equipment upon actual delivery.  Purchaser
reserves the right to reject damaged Equipment at any location; however, in
the event a portion of the Equipment is damaged or defective upon delivery to
the Delivery Point, Purchaser after making an initial assessment of the
damage or defect and consulting with Seller as to how such damage will affect
the installation , operation, performance, reliability, efficiency, and
warranty of the damaged Equipment may either:
(i) reasonable determine that such damage or defect is such that the
preceding criteria is so adversely affected that Purchaser cannot accept
delivery of the damaged Equipment and declare that delivery has not occurred,
or
(ii) after taking into account such criteria and Seller's proposed plan for
correcting such damage or defect in accordance with Section 9.5, declare that
delivery has occurred: in the event Purchaser discovers such a damage or
defect, it shall notify Seller of such as soon as practical.

c) facts of the case, as we know them:

common carrier ship carrying the generator supposedly arrived in port of
houston approx. 14jul00.  i.e., that was the ship's estimated time of arrival
(eta).
westinghouse is claiming that delivery occurred on or about 23jul00.
enron representative (frank cervenka) went to CTSS (i.e., the westinghouse
facility here in houston) on friday, 21jul00 to inspect the combustion
turbine.  during that inspection, westinghouse employees informed him that
the generator had salt water damage at the port.  as a result, the following
monday, 24jul00, he visited the port of houston with the siemens-westinghouse
insurance adjustor and saw the damaged generator.  note - this was just a
cursory visit to verify that in fact the unit had been damaged.  the full
extent of the damage and impact on the project was not known at that time -
e.g., repair or replace were still viable options.
enron received formal notification (faxed letter) of the damaged generator on
approx. 18aug00.
enron has already made progress payments to siemens-westinghouse in the
amount of 95% of the contract value of the gas turbine and generator.
DDP, per incoterms 1990, means delivered duty paid.
Westinghouse, despite 2 prior requests from enron, has not provided copies of
the customs clearance documentation.  i.e., we don't know the exact date that
the generator cleared customs, or if it cleared customs.
title means ownership, but does not imply either risk of loss or care,
custody, and control.  with title comes both ownership and the responsibility
for payment of taxes.

d) info not known by enron:

when did ship come into port?
when did damage to generator occur?
when, or if, u.s. customs duties were paid?

f) info known by enron:

generator is a total loss, as determined by westinghouse.
per section 10.2.3 of contract, enron was not given the formal opportunity to
inspect the damaged generator until a month after it arrived in port.  as
recalled by matt tezyk, westinghouse was then advised by enron in writing
that the generator was rejected and that delivery had not occurred.
(author's note - matt to find cc of that letter).

g) enron's assertions are that:

DDP was not satisfied.  i.e., delivery of the generator did not occur in
accordance with the terms of the contract.
title (i.e., ownership) remains with siemens-westinghouse.
risk of loss remains with siemens-westinghouse.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

john - plz assess the copy of the contract provided to you this afternoon
under separate cover.  we request a legal opinion as to whether delivery, in
accordance with the contract, of the CT-Unit occurred or not.  plz call with
any questions.  regards.  scott.


Below are notes for the March 7 NAESB Board of Directors meeting.  Also attached is the explanation of an issue that may come up during the Board meeting.  It probably will not be mentioned; wanted to give you a heads-up.

Thanks,

Theresa L. Hess
Manager, GISB Business Standards and Development
713-853-4895
theresa.hess@enron.com


Vicki, let's discusss this today; I will get Mark's thoughts tomorrow.

 -----Original Message-----
From: 	Sharp, Vicki
Sent:	Wednesday, April 04, 2001 10:59 AM
To:	Derrick Jr., James
Cc:	Haedicke, Mark
Subject:	Re: FW: Canadian Retail

Jim, I will be travelling tomorrow and will not be at the GC meeting.  Please let me know how to best be brought up to date if there is a discussion at the GC meeting.

From:	James Derrick/ENRON@enronXgate on 04/04/2001 10:53 AM
To:	Mark E Haedicke/HOU/ECT@ECT, Vicki Sharp/HOU/EES@EES
cc:
Subject:	FW: Canadian Retail

Perhaps we could discuss this following the GC meeting tomorrow.  Jim

 -----Original Message-----
From: 	Crawford, Sharon   On Behalf Of Keohane, Peter
Sent:	Tuesday, April 03, 2001 6:15 PM
To:	Derrick Jr., James; Haedicke, Mark
Subject:	Canadian Retail

Jim and Mark, as you know, we have established a retail affiliate within Enron Canada known as Enron Direct.  In addition, EES has a Canadian entity, EES Canada, which was established for the purposes of entering into some cross-border transactions in Canada.  For various reasons, it has been decided to roll Enron Direct into EES Canada reporting, commercially, to Rob Milnthorp, who will in turn report to Dave Delainey.  There are two legal/governance-related issues that I wanted to raise with you:

1.	Governance:  As a result, it will be necessary to make various corporate re-organizations to EES Canada.  This will include having EES Canada established as an Alberta corporation, where Enron Canada has, and Enron Direct will have, its principal Canadian office.  In relation to this, I was considering that EES Canada should be organized consistent with Enron Canada, with two Canadian resident nominee directors and Canadian-resident officers.  A few years back, it was decided, for corporate law and, more importantly, tax-related "permanent establishment" issues, that all directors and officers of Enron Canada would be Canadian-resident employees of Enron Canada.  Accordingly, Enron Canada was re-organized with a nominee board of directors consisting of Rob Milnthorp (as the senior commercial employee) and me (as the senior legal employee) with a Canadian slate of officers being the Vice-Presidents or Managing Directors in Canada responsible for the various commercial or commercial-support groups.  I was thinking of doing likewise with EES Canada.  Although I have not yet obtained a copy of the corporate records for EES Canada, I believe the current directors of EES Canada are Jim and an outside lawyer at Blake, Cassels & Graydon in Toronto, Ernest McNee.  I am not sure, but it is also likely that various US-based employees of EES are designated as the officers of EES Canada.  Would it be appropriate to re-organize EES Canada along the same lines that Enron Canada has been organized, or do you have concerns?

2.	Law Firm:  Following-up on our conversation last week, I want to confirm that our continued use of Donahue Ernst & Young for this retail project was "grandfathered" on the basis that they were "up the learning curve" on a number of the contracting, regulatory, licensing and market participation issues.  There is one twist, however, with respect to EES Canada.  Although I was not involved, I believe that EES Canada was established to execute on some gas transactions in Ontario with the use of a Blakes partner in Toronto, Ernest McNee.  However, as the focus of the business initiative in Canada will, at least in the near future, be more involved and predominantly, if not entirely, in Alberta; and as Donahue Ernst & Young is involved in regulatory proceedings on our behalf with respect to market design issues affecting the Alberta gas and power markets, as well as being familiar with the licensing and contracting requirements for Enron Direct in Alberta; and given my understanding that Blakes' involvement with EES Canada has been relatively limited, I think it would make sense to have Donahue Ernst & Young continue on with this matter.  I am, however, sensitive to Jim's concerns, and therefore wanted your thoughts on the matter.

I look forward to hearing from you.

Regards,
Peter


ENA,s first quarter performance has been outstanding which has been achieved
by the exceptional talent and hard work of all ENA employees.  ENA,s ability
to quickly move people to new business ventures and market opportunities,
such as Enron Net Works, reinforces the depth of talent in ENA, our continued
commitment to encourage innovation and creativity in all things we do and our
enthusiasm to support people in pursuing new ideas.

Accordingly, following the recently announced launch of Enron Net Works and
the associated personnel movements, we are pleased to announce the following
changes within ENA effective immediately.

John Lavorato will be relocating from Calgary to Houston to oversee all ENA
risk management and trading activities and will report to the Office of the
Chairman.  John will have direct responsibility for all natural gas, power,
emissions, equities and rates trading. As well, John will have direct
responsibility for the risk management and trading functions within the Pulp
& Paper, Coal and Global Risk (weather and insurance) businesses.  Otherwise,
the Pulp & Paper, Coal and Global Risk businesses will report to the Office
of the Chairman.  Following John,s departure from Canada, we have asked Rob
Milnthorp to be the President of Enron Canada.

Following the departure of Greg Piper, the Industrial Origination team will
be co-headed by Jim Ajello, Rodney Malcolm and Edward Ondarza who will report
to the Office of the Chairman.  Jim, Rodney and Edward will work as a team to
ensure the continued growth of ENA,s large industrial capability.
Notwithstanding their joint accountability, each will have a distinct focus
and responsibility within the industrial group.  Jim Ajello will focus on the
coverage and marketing efforts for all industrial segments except pulp and
paper.  Edward Ondarza will focus on our market making, coverage and
marketing efforts in the pulp and paper industry.  Rodney Malcolm will focus
on product development, structuring and execution functions for all
industrial segments.

We have asked Jeff Donahue to oversee all ENA Corporate Development and
Principal Investing activities and will report to the Office of the
Chairman.  Corporate Development will continue to seek strategic acquisition
opportunities in existing and new businesses.  The Principal Investing group
will continue to focus on equity and venture capital syle investments in high
growth business lines which are directly related to ENA,s core businesses or
are significantly influenced by trends related to our business.  Given this
change, Ray Bowen will be solely responsible for the management of ENA,s
Commercial Transactions (CTG) Group.

With the departure of Ron Slimp to EBS, Scott Tholan will be managing our
Competitive Analysis and Reporting Group and will report to John Lavorato.

Please join us in congratulating all of the individuals in their new roles
and responsibilities.


FYI - there is flow for 10/2 as well.

AL

Daren J Farmer
10/02/2000 02:23 PM
To: Aimee Lannou/HOU/ECT@ECT
cc: Robert Cotten/HOU/ECT@ECT
Subject: Re: Meter 9707

I rolled this deal for day one in October only.

Bob - Please check with Vance on this deal.  Has it terminated or should it
roll for October.  I don't think that Vance nom'd anything.

D

Aimee Lannou   10/02/2000 10:49 AM

To: Daren J Farmer/HOU/ECT@ECT, Robert Cotten/HOU/ECT@ECT
cc:
Subject: Meter 9707

Daren - Meter 9707 has flow for Oct. 1 (1.459mmbtu).  Deal # 125786 was used
for Sept. 2000.  Could you please extend the deal or have a new one
created?    Thanks.

AL


After much success last year with our AskWhy advertising campaign and Public Relations efforts, Enron continues to explore new ways to exponentially increase its' brand awareness not only through television, but also by exploring new mediums. One approach is through customer relationship marketing (CRM), where we will seek opportunities that allow our commercial teams to directly interact with important CXOs and existing customers.

To this end, we are proud to announce our participation in the Frank Gehry Architect Exhibition at the Guggenheim Museum in New York City, which will be open to the public from May 18 through August 31.  Frank Gehry is a world-renowned architect who has designed the unique building at the end of our "Ode to Why" commercial and his art dominates skylines around the world. With this exhibition, Gehry's evolving genius comes to life.  For years, his inspiration has long been hidden in sketches and models unseen by anyone but his closest collaborators. By challenging the conventional, he has redefined his industry just as Enron has in business. Through Enron's association with this world-class exhibit, we will subtly push our brand attributes forward, as we strive to be the "Leading Company in the World."

All employees are invited to visit this exhibition FREE OF CHARGE with an Enron ID Badge beginning May 18. For more details, please visit home.enron.com.


Steve,

Are you doing ok?

Jim Schultz
202-452-7180,202-463-6573(F)
jschultz@steel.org


Does Carol North work in Credit?
----- Forwarded by Tana Jones/HOU/ECT on 03/05/2001 10:04 AM -----

	Carol North/ENRON@enronXgate
	03/05/2001 09:37 AM

		 To: Karen Lambert/HOU/ECT@ECT, Kelly Lombardi/NA/Enron@Enron, Samuel
Schott/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Adnan
Patel/ENRON@enronXgate, Bill D Hare/HOU/ECT@ect, Steve
Venturatos/HOU/ECT@ECT, Camille Gerard/Corp/Enron@ENRON, Mary G
Gosnell/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Tanya
Rohauer/ENRON@enronXgate, Paul Radous/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Tana Jones/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT,
Ken Curry/ENRON@enronXgate, Nicole Hunter/NA/Enron@Enron, Aparna
Rajaram/ENRON@enronXgate
		 cc:
		 Subject: Click Paper Approvals

Please see attached.


To whom it may concern: I need the Microsoft outlook web access icon downloaded to my computer

	thanks michael.yowman@enron.com


Just to let you all know - the following deals have been changed per Mike
Swerzbin -

516611 - from H01 to Q3-01
516618 - from 10 mw to 16 mw
516651 - from Mid-C to Palo

Let me know if you have any questions about these changes. (Most were due to
my inability to read his handwriting!)

Thanks,
Kate


I would like to add Leonidas Saavas and Jeff Royed.

 -----Original Message-----
From: 	Buckley, Karen
Sent:	Tuesday, October  2, 2001 1:54 PM
To:	Allen, Phillip K.; Arnold, John; Aucoin, Berney C. ; Black, Don; Bentley, Corry; Davis, Mark Dana; Gaskill, Chris; Gossett, Jeffrey C.; Grigsby, Mike; Herndon, Rogers; Thomas, Martin; Meyn, Jim; McMichael Jr., Ed; Neal, Scott; Presto, Kevin M.; Schwieger, Jim; Shively, Hunter S.; Sturm, Fletcher J.; Superty, Robert; White, Stacey W.; Will, Lloyd
Cc:	Kitchen, Louise; Lavorato, John
Subject:	ENA TRADING TRACK

The following are the internal candidates selected to be interviewed for the ENA trading track.  Please forward me any final recommendations:

1.	Benke Terrell
2.	Burk Bart
3.	Giron Gustavo
4.	Hamlin Mason
5.	Horne Jonathon
6.	Huang Jason
7.	Hull Bryan
8.	Inman Zachary
9.	Jenkins Daniel
10.	Larkworthy Carrie
11.	Lieskovsky Jozef
12.	Lisk Daniel
13.	Lo Jeremey
14.	Meigs Mark
15.	Murray Kevin
16.	Pan Steve
17.	Ruork Ryan
18.	Sell Maximilian

Rgds,

Karen B.
x54667


I dropped it off on my way this morning.   It's really no big deal to drive
across the street on my way in.

Gabriel Monroy
12/15/2000 09:32 AM
To: Robin Rodrigue/HOU/ECT@ECT
cc:
Subject: Re:

Did you take it last night or this morning??  Sorry I forgot.  I'll assume
all dues if there are any.


Mike,

I refit the molecular model incorporated last week's data, the revised number
for this week is 65,
(dropped 3 bcf compared to last fit), see graph.

Let us see what is the real number today.

Zimin


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Daily Energy Letter
http://www.carrfut.com/research/Energy1/Energy-Letter1-14-02.pdf


D.C.'s fine...not going near any post offices. All of this sounds good-I look forward to seeing it. Thanks.

 -----Original Message-----
From: 	Nord, Sue
Sent:	Tuesday, October 23, 2001 8:54 AM
To:	Shapiro, Richard
Subject:	External Message Points

Hi Rick,

I would like to put together some quick guidelines for external communications for our group.   Because it's been a while since we did our media training, I think it would be useful to give people some general guidelines.  I spoke with Meredith Philipp about this yesterday, and she said she would pull something together.  Also, I would like to flesh out the issue that I raised last week about our tone/approach.  I think this is a particularly good time to think about these issues in light of the serious credibility issues currently facing the company.  I would like to get a draft document to you by the end of the week.  That way, if you think it's useful, you can mention it on the department call Friday afternoon.

Let me know your thoughts.  Thanks,

Sue

PS  How's DC?  Try not to breathe near post offices or congressional offices.

Sue Nord
Senior Director
Government Affairs
713-345-4196


FYI, penalty of $10,000 each has been posted to your P&L for VAR violation.

Kimat


tonight?  i am going to a basketball game.  i heard people go out and trick
or treat on this night or egg kids.


I received your email but I could not get to your profile.  I'm getting an error message when I try and bring it up.  I hope you receive this email, if you do see if you can correct the problem on your end.

-----Original Message-----
From: BoulderGirl@talkmatch.com [mailto:BoulderGirl@talkmatch.com]
Sent: Wednesday, December 12, 2001 3:56 PM
To: plucci@enron.com
Subject: Match.com - You've Got Mail: Hello from Boulder

Hello!
I'm a fun, 33 year old Boulder native, CU grad and work in advertising.  I'm funny, independent and outgoing.  I love my life but desire to have someone to share it with, now since most of my friends are married and starting to have children.  It makes the social opportunities less available and spontanious...I'm sure you can relate.

I love my life and own my own place in Boulder which I share with my adored dog, Buddy.  I'm a huge Buff fan and wish I could go to the Fiesta Bowl for new years.

WHat about you?  WHere did you go to school?  Do you love working in Denver?  The social scene is so great!  Lots to do, great restaurants, fun bars.  I worked there prior to taking my job here in Boulder...I really miss it.

Anyhow, I hope you are having fun and a good repsonse from your ad.  You have a great smile and eyes!  I hope to hear back from you so I can learn more about you!

Take Care,
C

Click the following link to view the sender's profile:
http://www.match.com/doubleblind/showprofile.asp?UserID=464747484B4E48&trackingid=0

The following is my profile text:

I am a fun, creative, honest, grounded, outgoing Colorado native, CU grad and work in advertising. I love Colorado and enjoy the beauty of my state everyday driving to work looking at the Flatirons. I am lucky to be culturaly diverse and well traveled. Although I am not very athletic, I do enjoy spectator sports but prefer the cultural arts. My friends describe me loyal and true blue.

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

ADDITIONAL TIPS from Match.com:

Our anonymous re-mailer will strip away your real email address, so
that it will NOT appear in the 'From:' line.

You may also contact this person from their Match.com profile by
clicking 'Contact this person' and composing your message directly from the
site.

However:

* Check to ensure that your email address is not in the BODY of your
message as we are unable to remove these.

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your email. And note that you cannot use 'Cc:' or 'Bcc:' if you want
your email to remain anonymous.

Match.com does not monitor private email between members, nor are we
liable for the content of these messages. All members are bound by our
Match.com Service Agreement.


Another key point:  to avoid the mistakes of California, policy makers must
make it easy to site and interconnect new generation.  In California peak
demand rose by about 5500 MW from 1996 - 2000.  The market responded with
porposed capacity additions of about 11000 MW.  Most of these facilities are
working thier way through the tangle of state and local approvals.  The
problems we saw in California did not need to occur if policy makers simply
enabled the market to work.  Also, it's worth noting that the deregulated
market did work.  Customers who signed with Enron saw a lower bill than
prederegulation, Enron hedged its commitments and so our customers (and
Enron) did just fine during the summer.  Deregulation worked; the problems in
California can be directly traced to continued regulatory interference in the
market.

	Susan J Mara
	11/17/2000 06:09 PM

		 To: Mark Schroeder/LON/ECT@ECT
		 cc: Bruno Gaillard/EU/Enron@Enron, Christopher J Day/Govt.
Affairs/LON/ECT@ECT, Jeff Dasovich/NA/Enron@Enron, Paul Dawson/Govt.
Affairs/LON/ECT@ECT, Richard Shapiro/NA/Enron@Enron, Steven J
Kean/NA/Enron@Enron
		 Subject: Re: talking points on California situation

Mark,

Here's my shot.  I did it in Revision mode so you can see the changes.  Note
that Enron never got out of the retail market in CA and has gathered about
1,000 MW of retail load -- we're bigger than all but two of the municipal
utilities in the state.  Enron stopped marketing to residential consumers --
that's what all the  fuss was about in 1997.  Anyone else feel free to take
your own shot.

Sue

	Mark Schroeder@ECT
	11/17/2000 09:52 AM

		 To: Susan J Mara/NA/Enron@ENRON, Jeff Dasovich/NA/Enron@Enron
		 cc: Richard Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Paul
Dawson/Govt. Affairs/LON/ECT@ECT, Christopher J Day/Govt.
Affairs/LON/ECT@ECT, Bruno Gaillard/EU/Enron@Enron
		 Subject: talking points on California situation

Some of our people get asked on the phone about what is going on in
California.  I have drafted the attached paper for their use.  It is intended
to be simple and user-friendly.  Your thoughts on whether I achieved that
objectvie are welcome.  More importantly, I need you to confimr that I got
the story and facts correct, and that I have not said anything about the
situation that you (Enron USA) would not want to say, or have not said, or if
we have said something fundamentally different, I need to know that, too.
thanks for taking the time to review.  mcs


Hi guys

I need some advice.

Sharad is in the process of finding differences between your and our versions
of Exotica.  At some point we will need to migrate London office over to your
more up-to-date version, and I'm concerned that there may be RAC-style
implications.  I'm in favour of using the IT testers to carry out formal
regression testing, and they are apparently able to do this.

Do we need to get our heads together to "form a view" before we involve RAC
or the business groups?

Anjam tells Sharad that London Exotica was built using Excel 95, and that
neither he nor Zimin knows how to build/compile the XLA using later versions
of Excel.  Is this true?  If so, then we need to migrate to XLLs sooner
rather than later because of the maintenance implications.

Steve


See below for market, tpt/infrastructure, and political updates.

RJ
x39934
cell: 713-594-7995

Market Updates

?	6pm EST conference call among equity exchange presidents to determine restart for NYSE and NASDAQ. Not expected to reopen tomorrow.
?	NYMEX close to World Trade Center-unlikely to open tomorrow.  Conference call scheduled for 430pm EDT.  8,000 employees evacuated safely this morning.
?	AGA offices in DC closed. No announcement on weekly storage report scheduled for tomorrow.
?	CBOT electronic session will not open tonight.  No new word on pit trading tomorrow.
?	European bourses expected to open as normal.

Transportation/Infrastructure Updates

?	FAA ban on outbound flights until noon EST tomorrow at the earliest
?	US Section of St. Lawrence Seaway closed.  Coast Guard inspections stepped up.
?	New York Port closed, not receiving refined projects- Colonial Pipeline deliveries expected to "catch big premiums."
?	Tosco refinery in Linden NJ closed.
?	Grand Coulee Dam and powerhouse in Washington state operational, but locked down
?	Hoover Dam on Nevada-Arizona line is locked down
?	LA/Long Beach inspecting all incoming shipping-all incoming ships anchoring seven miles outside port.
?	Louisiana Offshore Oil Port operations suspended
?	Security at all US-Canada border crossings on maximum alert.  Bridges/tunnels closed.
?	US-Mexico border closed on US side at key crossing for inspection.

Political Update

?	President Bush has left SAC Command in Nebraska and is now leaving for undisclosed location.
?	OPEC Sec-Gen Rodriguez says OPEC prepared to "take necessary measures"
?	US worldwide military on highest alert
?	A London-based Arabic newspaper had story three weeks ago that Bin Laden planning "unprecedented attack" on US
?	Middle Eastern sources reporting "fears of instability exacerbated by US reprisals"
?	Terrorist groups in Middle East reportedly quiet; sense that this was an "attack too far"


i met her at kenneally's on sat.  she was cute.  i am supposed to take her
out on fri.


You poor thing!  Did you get the faxes I sent?  Hang in there and holler if
there's anything I can do to help. kd

 -----Original Message-----
From:  Dasovich, Jeff
Sent: Tuesday, July 31, 2001 4:59 PM
To: skean@enron.com; Denne, Karen; Shapiro, Richard; Mara, Susan; Kaufman,
Paul; Scott Govenar; hgovenar@govadv.com; Sanders, Robert
Subject: Letter to Senators

Bear with me.  I want to work on it through the evening.  Will make sure that
it's out tonite, well in advance of tomorrow's 1 PM PDT conference call.

Best,
Jeff


Many thanks!!!

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


Martin, Lance

What do you think?

Vince

 -----Original Message-----
From: 	"Frank A. Wolak" <wolak@zia.Stanford.EDU>@ENRON
Sent:	Friday, October 19, 2001 4:28 PM
To:	Kaminski, Vince J
Subject:

Vince,

  I've been hearing rumors that Enron has decided to endorse
the nodal pricing model as implemented in PJM.
I just wanted to warn you that I'm not sure
this is in Enron's long-term interest at all.  Let me explain
why.  Feel free to give me a call if you'd like to talk
more about this.

  First, let me say that I firmly believe in locational pricing
and specifically pricing congestion.  However, the way that PJM
implements nodal pricing is to eliminate as much price volatility
and reduce the transparency of the market.  Specifically, the
PJM tariff gives the ISO the ability to mitigate to cost plus a
%10 adder the bids of any market participant that the ISO deems
is out of merit in one of the three zones in region.  (The fact
that a nodal market is talking about zones should give you cause for alarm.)
Then the ISO takes this mitigated bid and re-runs its price-setting
software to compute new nodal prices.  The way I have (somewhat
unfairly) decribed this price-setting process is that the
PJM ISO decides what prices it would like
for a given day and mitigates bids until it gets them.  This is not
a transparent market, nor one where it makes any sense to buy
the risk management services that Enron provides.  The
only price volatility you have to worry about in the PJM market is
that kind that comes about if they need imports into their control area
to meet demand.  Under these circumstances, you need to pay the
imports whatever is necessary to get them to come to your market.

  However, bear in mind FERC's desire to make a large RTO on the
East Coast.  This will effectively mean little imports
to the East Coast RTO, so all bids can be mitigated at
the discretion of the ISO.  Paying market-clearing prices to cost-of-service
mitigated bids is just paying too much to eliminate price volatility.
It effectively kills off the development of risk management at
the wholesale and retail level.  Power marketing becomes much less
profitable because retailers know you can always buy at cost-mitigated
prices.

  In short, the PJM model is not market.  It is just an alternative
form of regulation that is politically attractive because it reduces
price volatility, but it is not good for consumers or traders because they just
get a higher cost form of regulation than traditional cost-of-service
regulation. You pay market-clearing prices to cost-of-service
mitigated bids, but under regulation you could just pay cost-of-service
prices and eliminate the infra-marginal profits to low cost generators.

  As we discussed during our dinner, I think the two biggest sources
of benefits from re-structuring will come from getting the demand-side
involved in the market and from more efficient risk management.  A
necessary condition for both of these to occur is prices that reflect
actual conditions in the market (including the extent of market power
exercised).  Masking these signals dulls any incentive for market
participants to make the investment necessary to management.  The PJM
model is just way to have a market in name without achieving any
significant benefits to consumers or energy traders.

Frank


John, Have had a conversation with IBJ re the CSA, and they have asked us to
consider proposing a solution that does not involve a CSA

	John Viverito
	09/22/2000 12:04 PM

		 To: John Suttle/HOU/ECT@ECT
		 cc: Jane McBride/AP/Enron@Enron@ECT, John Viverito/Corp/Enron@ENRON@ECT,
Jonathan.Whitehead@enron.com, Kevin Cordesman/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Morten E Pettersen/AP/Enron@Enron@ECT, Steven
Kleege/HOU/ECT@ECT, Tom Bruce-Jones/LON/ECT@ECT
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

John-

During our last meeting with IBJ, we pushed hard for the implementation of
the CSA.  I believe that they have the systems capability to handle the
requisite activities relating to the CSA, as we understand that they utilize
same with certain financial institution counterparties.  We expressed our
view on these matters and also raised other issues that we had discussed in
our recent conference call.

IBJ informed us that they have never entered into a CSA with a non-financial
institution counterparty and my response was that Enron can then be the
first.  We requested that they raise this issue with their respective
superiors.  As you know, their response to our discussions relating to this
issue was "In terms of CSA, as we are not ready for running collateral
operations, we still do not prefer to use the CSA."  The legitimacy of this
statement is certainly debatable and the underlying reason may actually be
something entirely different, including the possibility that they merely do
not want to enter into a CSA with a non-financial institution.

We will continue to attempt to persuade IBJ to enter into the CSA with Enron,
however it is uncertain if this is achievable.

	John Suttle@ECT
	09/21/2000 08:52 AM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Jane McBride/AP/Enron@Enron, Jonathan.Whitehead@enron.com@ENRON, Kevin
Cordesman/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Morten E
Pettersen/AP/Enron@Enron, Steven Kleege/HOU/ECT@ECT, Tom
Bruce-Jones/LON/ECT@ECT
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

To clarify, and also getting back to Mark Taylor's argument that IBJ is one
of the more sophisticated financial enterprises on the planet, and
considering the fact that they have agreed to Enron being the Calculation
Agent, is their argument that they are incapable of mark to market
verification?  We calculate - we call for margin - they verify.

I am certain that they calculate mark to market positions with their other
trading entities, and their argument that they can't do so for Enron is
weak.  If they simply refuse a CSA, then we can deal with this as discussed
in our phone conversation last week, but this argument of theirs should be
something we can get around don't you think?

From: John Viverito@ENRON on 09/21/2000 04:21 AM
To: John Suttle/HOU/ECT@ECT
cc: Jane McBride/AP/Enron@Enron@ECT, John Viverito/Corp/Enron@ENRON@ECT,
Jonathan.Whitehead@enron.com, Kevin Cordesman/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Morten E Pettersen/AP/Enron@Enron@ECT, Steven
Kleege/HOU/ECT@ECT, Tom Bruce-Jones/LON/ECT@ECT
Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

John-

You are correct that Enron is the "Calculation Agent", however I believe that
IBJ would also be making their own calculations as well, to monitor/double
check our calculations.

John

	John Suttle@ECT
	09/20/2000 01:53 PM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Mark Taylor/HOU/ECT@ECT, Jonathan.Whitehead@enron.com@ENRON, Kevin
Cordesman/HOU/ECT@ECT, Steven Kleege/HOU/ECT@ECT, Tom
Bruce-Jones/LON/ECT@ECT, Morten E Pettersen/AP/Enron@Enron, Jane
McBride/AP/Enron@Enron
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Isn't Enron the "Calculation Agent" - leaving IBJ only to confirm our marks
if we are to make a margin call?

From: John Viverito@ENRON on 09/19/2000 04:40 AM
To: Mark Taylor/HOU/ECT@ECT
cc: Jonathan.Whitehead@enron.com, Kevin Cordesman/HOU/ECT@ECT, Steven
Kleege/HOU/ECT@ECT, Tom Bruce-Jones/LON/ECT@ECT, Morten E
Pettersen/AP/Enron@Enron, Jane McBride/AP/Enron@Enron, John
Suttle/HOU/ECT@ECT
Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Mark-

Today, we received IBJ's responsive comments to the points that have been
raised, which are set forth below for your review.

IBJ has stated "In terms of CSA, as we are not ready for running collateral
operations, we still do not prefer to use the CSA."  During our recent
meeting they did not deny that IBJ had entered into CSAs with financial
institutions.  I note that IBJ also raised the point that Enron had a loan
from IBJ of roughly US$ 100,000,000.
Jonathan Whitehead has raised this issue with John Suttle to receive his
input.

IBJ's specific responses are quoted below as follows:-

"Part 1

(a)  Agreed not include Affiliates of PartyA.

(g)  We prefer to terminate the Transactions when as a result of merger as
for a party, a surviving party of such becomes materially weaker than before.

Part 3

We usually accept to deliver a copy the list of authorized signatures only.

Part 4

(f)Even though deleting the word "not" in this provision, we can net the
payments with respect to the same Transaction.   Due to our system
incapability, we are not able to net the payments with respect to two or more
Transactions in the same currency.

(h) Agreed.

Part 5

(a)  If your suggested language is included, a Non-defaulting Party has to
continue to make payment to a Defaulting Party with no payment obligation,
which does not seem realistic.  We prefer to terminate Transactions when an
Event of Default occurs.  We do not like to include the provision which
releases a technical error.

(c)  Agreed.

(e)  We propose 5 business days instead.

(g)  We do not think the definition of the Affiliate includes a party's
branch offices. If our branch have a deal with Enron Japan, we will amend
this Master Agreement to include such branch as Multibranch Office.  We heard
that in most jurisdictions of the world,  it is not effective to set-off the
obligations between a party and the other party's Affiliate.

(i)  Agreed to include this provision.

(j)  We do not prefer that a party could transfer its rights and obligations
without the other party's consent to even its Affiliates. We might not get
approval of the transfer from our Credit Department or such transfer might
cause an additional payment of tax or other cost.

(k)  We will revert to you later.

(m)  Agreed.

(n)  Agreed to include this provision.

Part 6

We still prefer to include the provisions relating to the Commodity
Transactions in the respective Confirmations."

I look forward to receiving your input.  I note that Jane McBride has started
here at Enron Japan, therefore I have copied her on this correspondence.
Looking forward to seeing you in Houston soon.

Best regards,

John
----- Forwarded by John Viverito/Corp/Enron on 09/19/2000 04:15 AM -----

	John Viverito
	09/07/2000 04:54 AM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc: Jonathan.Whitehead@enron.com, Kevin Cordesman/HOU/ECT@ECT, Steven
Kleege/HOU/ECT@ECT, Tom Bruce-Jones/LON/ECT@ECT
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Mark-

Thanks for your input.  I agree with all of the comments you have raised.  As
to Part 5 (n), the use of the English language is not uncommon in Japan with
regard to these types of arrangements and should be insisted upon for
transactions under the ISDA documentation.

I think that it will be useful to better understand Japanese market practice
relating to the use of the Credit Support Annex. Therefore, I have asked
Baker & McKenzie to provide a clear picture as to the situation in Japan and
will provide this information upon receipt.

Following receipt of John Suttle's comments, I will prepare the response to
IBJ based on the points that have been raised by both you and John.

Thanks,

John

	Mark Taylor@ECT
	09/06/2000 09:00 PM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Jonathan.Whitehead@enron.com, Kevin Cordesman/HOU/ECT@ECT, Steven
Kleege/HOU/ECT@ECT, Tom Bruce-Jones/LON/ECT@ECT
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

 I had a brief conversation this morning with John Suttle (Credit) and it
looks like he's going to insist on the CSA.  We are going to talk tomorrow
and go through the whole agreement to get the rest of his comments.  While we
have documentation for transactions entered into prior to execution of a
master agreement, the extent of their revisions makes me very uneasy.  Many
of these points are very serious and if they can not agree we will have
trouble coming to agreement even on the short form documents.  It would be
helpful if they could explain the changes rather than just sending us a
mark-up.

Following are my points responsive to their revisions:

Part 1 (a)  The addition of our affiliates has the affect of expanding the
possible defaults too broadly and we cannot agree to these changes (for
example, this would mean that if any Enron affiliate went into bankruptcy
this agreement would be in default).

(g)  This provision provides additional flexibility without any credit risk
to the other party.  It should remain in place unless IBJ can articulate a
reason to remove it.

Part 3 The language inserted is much to vague.  Our original version spells
out exactly what is expected of the parties.  If the documents we listed are
not acceptable, IBJ should tell us now what would be acceptable and if we
agree we will put it in the agreement.

Part 4 (f)  By deleting the word "not" in this provision, IBJ is saying that
payments due to each other with respect to the same transaction will not net
(i.e. if we are paying fixed and they are paying floating, we each have to
make the full payment to the other rather than netting the two amounts to one
payment).  This is not acceptable.

(h) If IBJ will use their NY branch as agent, we should use Enron Corp or ENA.

Part 5 (a) Our suggested language allows the purchaser of an option to
receive payments due even though technically in default under another
provision of the agreement.  Our position is that if there are no other
possible payment requirements due from the purchaser, the option should be
honored.

(c)  The section we delete requires that the market makers be in the same
city.  For many markets in which we participate, it is very difficult, if not
impossible, to find multiple market makers in the same city.

(e)  The change to 10 business days is much too long.  This means we can not
have certainty as to the terms of the transaction for two weeks!  We can go
as high as three days if necessary but even that is beyond common market
practice.

(g)  Their changes remove the ability to set off against obligations owed to
multiple Enron companies if they default and only allows set-off with each
IBJ branch as a separate entity.  This may not be an issue if we will never
trade or otherwise transact with them in any other Enron company and if we
will never do business with any other branch of IBJ.  We usually don't like
to restrict ourselves that way.

(i)  We absolutely insist on the confidentiality of our transactions.  If
there is some revision to this section they would like we can discuss it but
wholesale deletion is out of the question.

(j)  As with Part 1 (g) this section adds flexibility to both parties while
maintaining flexibility within the corporate family.  Given the frequency
with which Enron moves businesses around within the family, this section is
important to us.

(k)  This section results from an experience we had with a counterparty that
went into bankruptcy (and therefore default) while they were in the money.
We disputed the amount owed and under the terms of the agreement (without our
revision) we would have owed them interest at their cost of funds - a rather
high rate given their status as a bankrupt.  We feel the non-default rate is
more appropriate.

(m)  I can't imagine why they wouldn't want this section included - it
protects us both.

(n)  You know more about this than I.

Part 6  These are all important issues for us and we can discuss them
individually if they object for some articulated reason.  If these provisions
are not included here they will need to be included in each confirmation (a
significant burden for our back office systems which are not set up for it)
and we need to know now if they object to any of them.

Other revisions that they have made are acceptable unless Credit objects.  I
hope this is helpful and sorry to have run on so long.  I'm happy to discuss
any of these issues at greater length if you want.  It sounds to me like
IBJ's expectations regarding execution of documents are a bit high given the
volume and nature of their comments.

	John Viverito@ENRON
	09/05/2000 09:06 PM

		 To: Tom Bruce-Jones/LON/ECT@ECT
		 cc: Jonathan.Whitehead@enron.com@ECT, Kevin Cordesman/HOU/ECT@ECT, Steven
Kleege/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Tom-

As far as the progress on the ISDA documentation, I am awaiting feedback from
both legal and credit in Houston.

Could you provide me with the details of the proposed transaction(s).  I note
that I have copied Mark Taylor on this correspondence, as I will need to get
his input regarding our most efficient going forward strategy.

Thanks,

John

	Tom Bruce-Jones@ECT
	09/05/2000 09:36 AM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Jonathan.Whitehead@enron.com, Steven Kleege/HOU/ECT@ECT, Kevin
Cordesman/HOU/ECT@ECT
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

John
I have just had IBJ on the phone again asking for a progress report on the
ISDA docs.  Have we managed to move this forward, bearing in mind Labour Day,
since he is very keen to commence trading on Monday next.  He suggested that
he would be comfortable in trading prior to the implementation of the docs
for these initial trades as per Jonathon's previous comments in past mails.
Are we comfortable doing this if we cannot resolve the issues on the docs?

They are also very keen to see the draft confirms for the proposed trade
(Steve, I have just heard from Rob in the vid conf that the proposed volumes
may prove difficult to take on the books??).  Please advise as to our
capability so that I can convey this to him in the morning.

Best regards
Tom

From: John Viverito@ENRON on 01/09/2000 02:48 CDT
To: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp>
cc: hirohide.yabuki@ibjbank.co.jp, Jonathan.Whitehead@enron.com,
kazunobu.maeda@ibjbank.co.jp, teruyo.suzuki@ibjbank.co.jp,
Tom.Bruce-Jones@enron.com

Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Dear Mr. Konishi-

Thank you for your comments.  We will attempt to respond to you prior to the
holiday in the US, but if we are unable to do so, we will respond shortly
thereafter.

Best regards,

John Viverito

	"Yamato Konishi" <yamato.konishi@ibjbank.co.jp>
	09/01/2000 02:31 AM

		 To: <John.Viverito@enron.com>
		 cc: <Jonathan.Whitehead@enron.com>, "Tom Bruce-Jones"
<Tom.Bruce-Jones@enron.com>, "teruyo.suzuki" <teruyo.suzuki@ibjbank.co.jp>,
"Maeda san" <kazunobu.maeda@ibjbank.co.jp>, "hirohide.yabuki"
<hirohide.yabuki@ibjbank.co.jp>
		 Subject: Fw: IBJ ISDA MASTER AGREEMENT

Dear Mr.Viverito

Attached Word file is ISDA draft amended by our legal desk.
(please take the amended points as our comment on your draft)
Please check it all and kindly reply ASAP.
(CSA is not acceptable as I mentioned you before, and we'll check your
LETTER OF CREDIT after
the schedule is almost agreed)

In your draft, we cannot understand the meaning of "EDGAR" on page4,
so please show us what it is.

We are very hoping to conclude this process rapidly.
So, I very much appreciate it if you could send back your comment before
Holiday in U.S.(4th Sep)
(it's ok if only the rough prospects of concluding ISDA)

Best regards,
Konishi IBJ Tokyo
81-3-3214-1008
----- Original Message -----
From: "Teruyo Suzuki" <teruyo.suzuki@ibjbank.co.jp>
To: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp>
Sent: Friday, September 01, 2000 3:58 PM
Subject: Re: IBJ ISDA MASTER AGREEMENT

> ISDA DraftI_X"?,d`-t,?,?,?,?,?_B-?-O
> ----- Original Message -----
> From: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp>
> To: <John.Viverito@enron.com>
> Cc: <Jonathan.Whitehead@enron.com>; "Tom Bruce-Jones"
> <Tom.Bruce-Jones@enron.com>; "teruyo.suzuki"
<teruyo.suzuki@ibjbank.co.jp>;
> "Maeda san" <kazunobu.maeda@ibjbank.co.jp>
> Sent: Wednesday, August 30, 2000 9:59 PM
> Subject: Re: IBJ ISDA MASTER AGREEMENT
>
>
> > Dear Mr.Viverito
> >
> > Thank you very much.
> > Now we start checking your draft and maybe we can return comment on this
> > Friday.
> >
> > Please be advised following points at this time.
> > 1)Part 6 on the schedule is needed to be deleted.
> >   We think that it's enough if the terms in Part 6 are referred in the
> > individual confirmation.
> > 2)ISDA Credit support annex is not acceptable
> >   Unfortunately, we don't have internal system for concluding CSA with
> > non-financial entity.
> >
> > Please keep support us for concluding ISDA ASAP for our business in near
> > future.
> > If any question, please feel free to contact me.
> >
> > Best regards,
> > Konishi /IBJ Tokyo 81-3-3214-1008
> > ----- Original Message -----
> > From: <John.Viverito@enron.com>
> > To: <yamato.konishi@ibjbank.co.jp>
> > Cc: <Jonathan.Whitehead@enron.com>
> > Sent: Wednesday, August 30, 2000 5:31 PM
> > Subject: IBJ ISDA MASTER AGREEMENT
> >
> >
> > > Dear Mr. Konishi,
> > >
> > > Attached hereto, is the draft ISDA documentation, for your review.
> > > Included are the Schedule, the Credit Support Annex and the Enron
Corp.
> > > Guaranty.
> > >
> > > I apologize for the delay in the preparation and distribution of these
> > > documents.
> > >
> > > We look forward to receiving your comments.
> > >
> > > Best regards,
> > >
> > > John Viverito
> > >
> > >
> > > (See attached file: IBJ Schedule 30.08.00.doc)(See attached file: IBJ
> CSA
> > > 30.08.00.doc)(See attached file: IBJ EC guarantee 30.08.00.doc)
> >
> >
>

 - IBJ Schedule 31.08.00.doc


Kim:  Here's EWEB's response.  I can't tell if they understand my point.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/01/2001 06:28 PM -----

	"Dick D VARNER" <Dick.Varner@EWEB.Eugene.OR.US>
	05/01/2001 06:20 PM

		 To: <Sara.Shackleton@enron.com>
		 cc: "Bert I DUNN" <Bert.Dunn@EWEB.Eugene.OR.US>
		 Subject: Re: Representations for ISDA Transaction

I thought Bert had done that, but I will ask him to double check.

>>> <Sara.Shackleton@enron.com> 05/01/01 04:19PM >>>
Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/01/2001 06:18 PM -----

                    Sara
                    Shackleton           To:     "Dick D VARNER"
<Dick.Varner@EWEB.Eugene.OR.US>@ENRON
                                         cc:     Kimberly
Hundl/Corp/Enron@Enron
                    05/01/2001           Subject:     Re: Representations for
ISDA Transaction(Document link: Sara
                    05:11 PM             Shackleton)

Dick:

That will be fine.  However, you need to attach the trade confirmation (
marked Exhibit "A") to each of your certificates since that is how each
certificate is drafted.

Thus, for the April 12, 2001 transaction, please resend your certificates
with the appropriate attachments as referenced in the certificates.
Please call if you have any questions.

Thanks for ;your assistance.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

                    "Dick D VARNER"
                    <Dick.Varner@EWEB.Eug        To:
<Sara.Shackleton@enron.com>
                    ene.OR.US>                   cc:
                                                 Subject:     Re:
Representations for ISDA Transaction
                    05/01/2001 04:02 PM

From our end, we would like to have the direct reference to the specific
confirm.  I know it is a little more hassle, but it works better for us
politically.

>>> <Sara.Shackleton@enron.com> 05/01/01 01:14PM >>>
Dick:

I never heard back from you regarding my email of 4/18/01.  I had asked if
you would mind revising the forms of certificate which we will attach to
each trade confirmation.

We would appreciate revisions to the April 12, 2001 certificates.  This
will be the format for all future transactions.

Please send revisions to Kimberly Hundl.  Her phone number is (713)
853-1647 and fax if (713) 646-2443.

Thanks.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/01/2001 03:07 PM -----

                    Sara
                    Shackleton           To:     "Dick D VARNER"
<Dick.Varner@EWEB.Eugene.OR.US>@ENRON
                                         cc:     Kimberly
Hundl/Corp/Enron@Enron
                    04/18/2001           Subject:     Re: Representations
for ISDA Transaction(Document link: Sara
                    10:57 AM             Shackleton)

Dick:

I am suggesting a minor change to the "Power Risk Management Committee"
certificate (to eliminate the reference to the Exhibit "A").  If we leave
the reference in the certificate, you will always have to label the confirm
as Exhibit "A" and resend the completed papers to us.  Please let me know
if you are alright with this change.  If so, we ask that you please resend
the certificate dated April 12, 2001.  If you do not wish to make the
change, please resend the two certificates to which the confirmation
labeled Exhibit "A" is attached.

Please call if you have any questions.  Thanks.

(See attached file: EWEBISDA Confirm RepresentationsR1.doc)

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

                    "Dick D VARNER"
                    <Dick.Varner@EWEB.Eug        To:
<Sara.Shackleton@enron.com>
                    ene.OR.US>                   cc:
<Holli.Krebs@enron.com>
                                                 Subject:     Re:
Representations for ISDA Transaction
                    04/12/2001 07:00 PM

Thanks, Sara.  No problem making the changes.

>>> <Sara.Shackleton@enron.com> 04/12/01 01:56PM >>>

Dick:

Attached are my comments to the certificates.  We will need to attach the
form of confirmation to be certain that each particular transaction is
authorized.  Let me know if you have any questions.  Thanks.

(See attached file: EWEBISDA Confirm RepresentationsR1.doc)

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

                    "Dick D VARNER"
                    <Dick.Varner@EWEB.Eug        To:
<sara.shackleton@enron.com>
                    ene.OR.US>                   cc:
<Holli.Krebs@enron.com>, "Bert I DUNN"

<Bert.Dunn@EWEB.Eugene.OR.US>
                    04/12/2001 11:09 AM          Subject:
Representations for ISDA Transaction

Attached are drafts of two certificates which I believe will satisfy you
needs.  Please get back to me with any comments.

(See attached file: ISDA Confirm Representations)


We are pleased to present you with a 2001 Special Stock Option Grant Award.  As a participant in this grant you have the opportunity to share in the ownership of Enron and the potential profit from increases in the value of Enron's common stock.

The 2001 Special Stock Option Grant was made to let you know how valuable you are and to recognize your contributions in making Enron the great company it is today.   Although there are no guarantees as to Enron's future stock performance, we believe that an Enron stock option has tremendous future growth potential.  The value you ultimately receive from your options will depend on the price of Enron stock at the time you exercise your options.

You can access your 2001 Special Stock Option Grant Agreement and the Stock Plan document governing the grant via your eHRonline account on the intranet website at http://ehronline.enron.com.  Unlike stock options granted in the past a copy of your grant agreement will not be mailed to your home address.

Additionally, the following information regarding the 2001 Special Stock Option Grant can be found on the HR website http://hrweb.enron.com.

?	2001 Special Stock Option Grant Highlights
?	2001 Special Stock Option Grant Frequently Asked Questions (FAQs)
?	A "How to Exercise Options" document that contains contact information and PaineWebber forms applicable to your stock options

Please take time to review this material.  It is important to us and to you.  If you have any questions, please contact your Human Resources representative.


BUSY, as usual.

Kay


As per our discussion.
---------------------- Forwarded by David W Delainey/HOU/ECT on 12/05/2000
10:50 AM ---------------------------

Janet R Dietrich
12/05/2000 08:39 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Gas group new hires

I am no longer coordinating the "next-year" activities for new hires in the
gas group so I thought I'd just let you know that the Midwest gas team is
interviewing new hires for coverage/origination roles. I believe Laura is
wanting to hire some of these folks to be based in Chicago and I would think
you would want them to be located in Houston. Just fyi.


Set up by Julie Armstrong for McCarty/33597


I called Paul and here's what he had to say about the export costs for
non-firm power out of PJM:
$0.67/MWh for scheduling + $0.49/MWh to export = $1.16/MWh. He was not aware
of anything for operating reserves.


As you all know the deadline for 2000 invoices to AP was on Friday, December
15, 2000.  In order to get all 2000 expenses accounted for in 2000, I need an
e-mail from you with name of the vendor, amount, cost center to be billed to,
contact person (if any).  Some of the costs to consider:  services provided
to Enron in 2000 but we have not receive the invoices, employee expense
reports, and/or any purchases we made in 2000, but have not submit the
invoices to AP by the cutoff date.  I need this information by noon Friday,
December 29, 2000.  If you have any questions, call me at 5-7094.  Thanx

Irma, Kristi and Ramona,

Will you make sure everyone in HR department know the deadline.  Thanx.


FYI -

Members of the Volume Management team have done some swapping of desks in recent weeks, so for clarification, the EnPower-to-CAPS report needs to go on the middle desk in the third row back (now Marina's desk, soon to be Darren's). Let me know if you have any questions.

Thanks,
Kate


Rod,

I mentioned that I have been working on eStrategy.  I thought I would share
with you my contributions.  The Word doc is a template that is partially
filled in with my ideas (in blue).  Slides 6-8 are my attempt to condense my
ideas into a couple of diagrams and e-Strategy statement.  I have worked
primarily with Mike Sullivan on this but several others have played a
reviewer role so far.  Of course, this is very preliminary but I thought you
may find it interesting as you have always enjoyed technology.

Terry


Tracy,

We have several cost centers in Tax that wish to allocate to Clean Fuels.  How do you want us to handle these assuming that they should not go to EOTT?

Dawn
-----Original Message-----
From: Rice, Greek
Sent: Sunday, September 16, 2001 6:12 PM
To: Derr, Dawn
Subject: RE: EOTT budget

Dawn:  Only assets were sold to EOTT.  The legal entities still remain with Enron.  The $30,000 cost represents clean fuel companies and Methnol.

Greek

-----Original Message-----
From: Derr, Dawn
Sent: Fri 9/14/2001 8:24 AM
To: Rice, Greek
Cc:
Subject: RE: EOTT budget

Greek,

Our understanding is that Clean Fuels has been sold to EOTT and so I included the Clean Fuels allocation in with EOTT's number.

Dawn

 -----Original Message-----
From:   Rice, Greek
Sent:   Thursday, September 13, 2001 4:42 PM
To:     Derr, Dawn
Subject:        EOTT budget

Dawn:  Laura Mattox of EOTT called inquiring about her tax charge(CC14502) of $79,000 which is 3 times more than last year.  My records show a charge of $49,000 to EOTT.  Can you help me explain the $30,000 difference?

Thanks,
Greek


hi tana

they're fine for non US & Canadian based products (including physical power)
- the standard exceptions would be US power, weather and credit derivatives

j

From: Tana Jones on 22/03/2001 16:48 CST
To: Justin Boyd/LON/ECT@ECT
cc:

Subject: Amerada-Hess Corporation

As an introduction:  The referenced counterparty is trying to straighten out
the online products it wants to trade with us (it's open for some, but not
all of the products it wants to trade).

When I looked at Profile Manager to see what they had already been approved
to trade, I noticed that this counterparty was opened to trade many of the
European products, including specifically European physical power products
(which is unusual for a US based counterparty to trade).

Before I go in and change the profile for this counterparty, I wanted to
check with you and see if London had specifically opened them to trade the
products they were opened to trade (especially physical power).

What I usually do when I am approving US based counterparties, is that with
respect to Non Us & Canadian products, as long as they are an Eligible Swap
Participant I open them up for all products except European physical power,
which I never open them for.  Also, Credit Derivatives, I never open anyone
up for unless we really mean it.

So, my question to you is did London actively approve the non US & Canadian
based products (especially physical power).  If you didn't, then I am going
to take this as an oversight of the pre-approval process and shut them down
for European physical power.


Online Auction benefiting March of Dimes

Wednesday, April 25 and Thursday, April 26
Auction opens promptly at 9:00 a.m. on Wednesday and closes Thursday at 4:00
p.m.

To make your bid, click on:
http://my.home.enron.com  or
http://ecweb05e.enron.net/apps/auction.nsf/

Great items to bid on. 100% of proceeds benefiting March of Dimes. Don't miss
out!


fuck you

1sm2qs1@msn.com on 04/23/2001 10:48:39 AM
Please respond to bartonbarile113@cutey.com
To: tv7hmcd5@msn.com
cc:
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---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/01/2000
05:05 PM ---------------------------

"The Alliance of Energy Suppliers" <alliance@eei.org>@ls.eei.org on
11/01/2000 04:13:19 PM
Please respond to "The Alliance of Energy Suppliers" <alliance@eei.org>
Sent by: bounce-app-ippexecs-33275@ls.eei.org
To: "Generation and Power Marketing Executives" <app-ippexecs@ls.eei.org>
cc:
Subject: Alliance Info Alert: FERC Report on Western Markets

At its special meeting today, FERC released the results of its eagerly
awaited probe into California's summer power crisis, concluding that under
certain circumstances, California ratepayers were subjected to unjust and
unreasonable power rates due to California's "seriously flawed" market
structure and rules in conjunction with tight demand and supply conditions
throughout the West.

The FERC staff report on western markets and the causes of the Summer 2000
Price Abormalities, entitled, Part I of Staff Report on U.S. Bulk Power
Markets, is available at the following website:
http://www.ferc.fed.us/electric/bulkpower.htm
In response, FERC issued an order proposing a series of sweeping structural
changes to the California ISO and PX to help remedy the pricing problems, and
solicited public comment by November 22.  A technical conference has also
been scheduled for November 9, to discuss the proposed solutions and other
remedies that might be suggested (details TBA).  While all four commissioners
supported the order, the order stretched the Commission.  Chairman Hoecker
and Comm. Breathitt expressed strong endorsements, while Comms. Hebert and
Massey concurred, citing areas where they felt the Commission had either
"over-reached" or not gone far enough, as discussed below.  A final order is
expected to be issued by year's end.

At the same time, the Commission warned California consumers of their
continued risk of paying higher prices unless policy makers there resolve
state issues, such as: (1) immediately implementing the availability of day
ahead markets for power purchases; (2) development of demand responses; (3)
siting of generation and transmission; and (4) assurance of sufficient
reserve requirements.

Highlights of Proposed California Structural Remedy

In its order, FERC proposed a series of market overhauls, including:

(1) Eliminating the state's mandatory requirement that the state's
investor-owned utilities buy and sell electricity through the PX, and allowing
these utilities to purchase electricity through forward contracts and other
alternative mechanisms to manage supply risks.

(2) Requiring market participants to schedule 95 percent of their
transactions in the day-ahead market and instituting a penalty charge for
under-scheduling (in excess of five percent of hourly load requirements), in
order to discourage over-reliance on the real-time spot market.

(3) Establishing independent, non-stakeholder governing boards for the ISO
and PX.

(4) Modifying the current single price auction system by (a) imposing a
temporary $150/MWh "soft cap" that prohibits supply bids in excess of $150
from setting the market-clearing price for all bidders; (b) requiring sellers
bidding above $150/MWh to report their bids to FERC on a confidential, weekly
basis and provide certain cost support; and (c) requiring the ISO and PX to
report monthly information on such bids.  The Commission's price mitigation
measures would remain in effect through December 31, 2002.

(5) Declining to order retroactive refunds for the state's ratepayers and
utilities, citing insufficient authority to do so, but subjecting sellers to
potential refund liability for transactions from October 2, 2000 until
December 21, 2002, but no lower than their marginal or opportunity costs, if
FERC finds non-competitive behavior.

(6) Encouraging accelerated state siting approval and introduction of demand
response management programs.

Separately, the draft order rejected the ISO's request for an extension of
its current purchase price cap authority, and the PX's request for price
capping authority.

Commissioner Responses

Comm. Herbert reluctantly concurred, noting that his decision may change when
a final order is considered based on comments filed or testimony offered at
the November 9 meeting.  He stressed that he would have preferred that the
order address four areas: (1) eliminate all price controls in California
markets; (2) abolish the single price auction entirely; (3) terminate the
"buy and sell" mandate in the PX; and (4) direct the ISO to address a long
list of cited problems in its January 2001 RTO filing, rather than having the
Commission prescribe specific remedies.

Hebert stated that while he was opposed in principle to the "soft cap"
concept, if one had to be adopted, then the soft cap should increase
incrementally increase over time at specific pre-announced dates.  He
believes that this would serve to both encourage greater investment in
facilities and additional forward contracting as well as provide an incentive
for California regulators to address market design and other flaws.  Also, he
would not have disbanded the stakeholder governing boards at this time, but
allow the ISO and PX to address this issue in their January 2001 RTO
filings.  In addition, he would not dictate risk management methods,
preferring instead that market participants determine appropriate actions on
their own.  Finally, he advised Californians not to be so environmentally
focused that they do not realize their tremendous need for generation
capacity.

Comm. Breathitt stated her approval of the Order while warning that FERC
cannot allow the events of this past summer to reverse or slow the progress
towards open and competitive markets.  She noted that it was the Commission's
job to guide the market to self-correct and not to conduct "command and
control."  She also commended the managers of the ISO and PX, saying that
they have performed admirably.  However, she noted she is awaiting comments
on the single price auction remedy and its accompanying confidential
reporting requirements.

Comm. Massey concurred, but emphasized that he advocates a more aggressive
approach.  He feels that the Congress has "put its thumb on the scale" in the
Federal Power Act to protect consumers.  Stating that prices will continue to
be unreasonable in the future, he believes that this Order moves in the right
direction, by proposing solutions to identified problems such as an over
reliance on the spot market, lack of demand response, the need to
reconstitute governance of the ISO and PX and the elimination of the buy/sell
mandate.  Comm. Massey specifically called for comments regarding whether the
$150/MWh soft cap went far enough, whether FERC has the legal authority to
issue refunds and to determine whether there should be a requirement for a
certain percentage of forward contracting to hedge against the spot market
price volatility.

Finally, Chairman Hoecker stated his strong support of the Order, but noted
that this is "no time to pull punches."  He emphasized that the Commission
needed frank comments from the industry.  He echoed Comm. Breathitt's warning
that competition is at risk and that they needed to get the markets back on
track.  Noting that the Commission lacked authority to order refunds, he
stated that the responsibility rests with Congress.  Addressing
jurisdictional issues, he stated that siting problems encountered at the
state level are slowing the "meandering transition" to competition.  He feels
that the state of California and FERC need to work together to resolve these
problems and that FERC is not attempting to usurp power.  Rather, California
is part of a broader interstate market and is dependent on the western region
for reliable energy, thus placing the burden on federal action to make things
work, Hoecker maintained.  The Chairman also said that the Commission will
fully investigate and act upon complaints of market power abuse or further
evidence provided by staff's ongoing investigation.

If you have any questions or comments, please call Jack Cashin at
202/508-5499.


does that get you through the night?  thinking of the passion and heat you
felt in the cold & frigid air in colorado.


As you know, the U.S. government is investigating hundreds, if not thousands, of relatives, acquaintances and associates of the individuals who may have been involved in the terrorist attacks on Sept. 11.  We believe that the media will soon be reporting that one of the many individuals being questioned is an Enron employee in Houston.  It is appropriate for us to withhold judgment and to continue to cooperate fully with federal authorities.  Because this is a matter in the hands of the federal authorities, we cannot provide additional information at this time.   However, we will keep you informed, to the greatest extent possible.

Please keep in mind that thousands of people who may or may not have any information about the terrorist attacks are being questioned as part of this investigation.  We continue to have every reason to believe that our employees and facilities are safe.  If you have concerns, please call Corporate Security at (713) 345-2804.  If you receive any media or external inquiries about this matter, please call Public Relations at (713) 853-5670.

At Enron, diversity is one of our strengths, and we respect and embrace all people of all faiths and beliefs.  Please continue to keep our employees who have been impacted by this tragedy in your thoughts and prayers.


I will be out of the office on Monday October 8 ---if you need to contact me, please either leave  a voicemail message or call me on my cell at 713-569-2798.  Thanks,   Julia

Julia Heintz Murray
Managing Director and General Counsel
Enron Wholesale Services
Enron Industrial Markets LLC
1400 Smith Street, EB3838
Houston, Texas  77002
Phone: 713/853-3439   Fax:  713/646-3393
julia.murray@enron.com


Attached for your review and comments is the proposed response to Pogo.
Thanks,

Mike
EB3847
(713) 853-6667 DID
(713) 646-4842 FAX


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Any GCP adjustments will be highlighted in blue.

Best Rgds.

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

From: Walter Guidroz/ENRON@enronXgate on 04/27/2001 11:40 AM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/ENRON@enronXgate, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global CounterParty/LON/ECT@ECT, Stephanie Sever/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Claudia Clark/ENRON@enronXgate, William S
Bradford/ENRON@enronXgate, Lisa Lees/ENRON@enronXgate, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/ENRON@enronXgate, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ECT, Bill D Hare/HOU/ECT@ect, Amy
Heffernan/Enron Communications@Enron Communications, Molly LaFuze/Enron
Communications@Enron Communications, Danny Clark/Enron Communications@Enron
Communications, Stephanie Panus/NA/Enron@Enron, Teresa
Mandola/ENRON@enronXgate, Bill Kyle/ENRON@enronXgate, Amber Ebow/HOU/ECT@ECT
cc:
Subject: EOL approvals, 04-27-01

Please see attached.


That's a good point.  I think all of the data on the spreadsheet represents
retail sales.  However, we have also been asked to provide data on wholesale
transactions.  EES does about 95% of its wholesale business with EPMI.  What
are your thoughts on disclosing data relevant to the 5% of the wholesale
purchases that are not with EPMI?

From: James D Steffes@ENRON on 11/01/2000 04:46 PM
To: Mike D Smith/HOU/EES@EES
cc: Susan J Mara/SFO/EES@EES, Richard B Sanders/HOU/ECT@ECT
Subject: Updated Excel Chart

Mike --

Before we send this in, I want to make sure that EES is submitting "retail"
transactions clearly jurisidictional to the CPUC.  Your note says that EPMI
will not be turning over similar wholesale data.

Jim

----- Forwarded by James D Steffes/NA/Enron on 11/01/2000 04:44 PM -----

	Susan J Mara
	11/01/2000 02:43 PM

		 To: James D Steffes/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Updated Excel Chart

Jim and Jeff
I received this from Mike Smith.  He also called me.  I haven't been in the
loop on this stuff and am not sure what to do with it.
----- Forwarded by Susan J Mara/NA/Enron on 11/01/2000 12:37 PM -----

	Mike D Smith@EES
	10/31/2000 11:35 AM

		 To: Susan J Mara/NA/Enron@Enron
		 cc:
		 Subject: Updated Excel Chart

---------------------- Forwarded by Mike D Smith/HOU/EES on 10/31/2000 01:33
PM ---------------------------

	Enron Energy Services

	From:  Mike D Smith                           10/30/2000 09:11 AM

To: mday@gmssr.com, Susan J Mara/SFO/EES@EES
cc: Richard B Sanders/HOU/ECT@ECT, Gfergus@brobeck.com, Richard
Shapiro/NA/Enron@Enron, James E Keller/HOU/EES@EES, James D
Steffes/NA/Enron@Enron
Subject: Updated Excel Chart

PRIVILEGED ATTORNEY CLIENT COMMUNICATION

Mike and Sue--attached is the Excel spreadsheet of EES/EEMC trading info that
we are considering turning over to the Cal PUC in response to the Subpoena.
EPMI will not be turning over similar wholesale data, at least not at this
point.

In that you have done much of the EES retail regulatory work in California,
please let me know if you see any regulatory implications in turning over
this info.  It seems to me that by doing so we would be at least tacitly
admitting to the jurisdiction of the PUC to request and receive this info.
By doing so, would we be undoing groundwork you have already laid?  Would we
be jeopardizing our right to object to similar requests in the future?  Would
we be opening any doors to more of this type of regulation?  My concern is
that this info is innocuous and irrelevant now, but what about future
requests for info that we do care about?

Also, what do the FERC info we learned on Friday and the new ISO price caps
do to our response strategy?

Please respond asap--we need to be able to tell the PUC something in the next
48 hours.  You can call me at 713 853 9503.  Thanks.  MDS

---------------------- Forwarded by Mike D Smith/HOU/EES on 10/30/2000 09:02
AM ---------------------------

Allison McHenry
10/27/2000 12:00 PM

To: Mike D Smith/HOU/EES@EES
cc:
Subject: Updated Excel Chart

Attached is the updated chart re the CA subpoena. Please let me know if I can
do anything else.


18:57:58 Synchronizing Mailbox 'Taylor, Mark E (Legal)'
18:57:58 Synchronizing Hierarchy
18:57:59 Synchronizing Favorites
18:57:59 Synchronizing Folder 'Inbox'
18:58:04 	   7 item(s) added to offline folder
18:58:04 	   6 item(s) deleted in offline folder
18:58:04 	   1 view(s)/form(s) updated in offline folder
18:58:04 Synchronizing Folder 'Outbox'
18:58:04 Synchronizing Folder 'Sent Items'
18:58:05 	   4 item(s) added to offline folder
18:58:05 Synchronizing Folder 'Calendar'
18:58:09 	   2 item(s) added to offline folder
18:58:09 	   2 item(s) updated in offline folder
18:58:09 Synchronizing Folder 'Contacts'
18:58:09 	   1 item(s) updated in offline folder
18:58:09 Synchronizing Folder 'Drafts'
18:58:09 	   1 item(s) added to offline folder
18:58:09 Synchronizing Folder 'Tasks'
18:58:10 Synchronizing Folder 'Journal'
18:58:10 Synchronizing Folder 'Notes'
18:58:10 Synchronizing Views
18:58:10 Synchronizing Forms
18:58:10 Done


Mark,

Does this mean that you would prefer it to be Merrill Lynch?  If so I can
pass this on to Jeff Harbert and see if he and Bob Crane are OK with this.

 I'm not sure what the clearing problems they are having in Houston are but
it might mean that you will have more legal points to finalise.  I tried to
contact Jeff to get some more information for you but he is out of the office
until Monday.

I can try him again on Tuesday but if you have any legal question or queries
you might want to speak to him yourself, his no is 001 713 8536979.   Either
way please keep me updated.

Regards,
Maria.

Mark Elliott
30/04/99 12:19
To: Maria Nartey/LON/ECT@ECT
cc: Richard Sage/LON/ECT@ECT, Barry Pearce/LON/ECT@ECT, Mark - ECT Legal
Taylor/HOU/ECT@ECT
Subject: Re: Documentation from OM

Maria,

The Clearing docs we got in from the Exchange showed Merrill Lynch in London
as Houston's clearer.  This is not to say this is fixed, but for some reason
the OMLX were under the impression that it would be Merrills.  By the way, we
can have as many clearers as we like (provided, of course, that they are
General Clearing Members at the OMLX).

If you could let me now quite swiftly on this issue I would be very grateful
as we finalised the legal points on Clearing docs a couple of weeks ago and I
have already couriered the final  versions for signature to Houston.

Kind regards

Mark

Maria Nartey
04/30/99 09:00 AM
To: Richard Sage/LON/ECT@ECT, Mark Elliott/LON/ECT@ECT
cc:
Subject: Re: Documentation from OM

FYI
---------------------- Forwarded by Maria Nartey/LON/ECT on 30/04/99 09:03
---------------------------

Maria Nartey
29/04/99 19:22
To: Jeff Harbert/HOU/ECT@ECT
cc: Barry Pearce/LON/ECT@ECT
Subject: Re: Documentation from OM

Jeff,

We only use two London clearing houses, Bank Paribas and Carr.  The back
office at Carr was not very good when I used to deal with them but I've been
told that they are much better now.  Paribas was definitely the better of the
two from a back office point of view.

Let me know if you need anything else.
Regards,
Maria.

	Enron Capital & Trade Resources Corp.

	From:  Jeff Harbert                           29/04/99 18:45

To: Barry Pearce/LON/ECT@ECT
cc: Maria Nartey/LON/ECT@ECT
Subject: Re: Documentation from OM

Hi Barry,

Regarding our upcoming Pulpex "market maker" role, we're running into a few
problems with the clearing function.  I mentioned to Bob that it may make
more sense to use one of the existing London office clearing houses.  Under
an arrangement like that I would see the following:

a.  London uses an existing "clearing house" for the Pulpex margining
activity.  A new account would be required to separate paper from your other
business.
b.  London admin. maintains the account from a support standpoint on behalf
of ECT Houston Pulp & Paper including 1) daily margining requirements, 2)
cash account reconcilation, and 3) other accounting requirements.
c.  Houston office would be responsible for the electronic trading, reporting
positions, reconcile trading activity, report Profit/(Loss), etc.

ECT Pulp & Paper would reimburse London office for expenses incurred in
connection with support requirements.

Maria,  Would you provide me with a list of the "clearing houses" you use
today.  I'll give this to Bob Crane to see if he has a preference or other
comments.

Call or write if you have a chance early next week so we can figure this
out.  I'll be out of the office tomorrow (Friday).

Thanks for your help.

Jeff

	Enron Capital & Trade Resources Corp. - Europe

	From:  Barry Pearce                           02/24/99 11:22 AM

To: Bob Crane/HOU/ECT@ECT, Jeff Harbert/HOU/ECT@ECT
cc:
Subject: Re: Documentation from OM

Thanks

London Team in Support of your activities

Barry Pearce - Administration & Accounting
Maria Nartey - Settlements/Margining
Mark Elliott - Legal
Brigitta Millard - Documentation


what about smu area?

"Bass, Jason" <Jason.Bass2@COMPAQ.com> on 11/17/2000 08:43:16 AM
To: "'Eric.Bass@enron.com'" <Eric.Bass@enron.com>
cc:
Subject: RE:

Well, the closest one I know is the Crescent Court and that is REAL nice and
REAL expensive.  There are La Quintas and other shitty places scattered all
around there.  Of course in Downtown Dallas you could probably find quite a
few decent places to stay and that is real close to the cotton bowl.  Here
are some other possibilities:

http://www.hyatt.com/usa/dallas/hotels/hotel_dfwrd.html

http://www.180096hotel.com/cgi-bin/hotelinfo?SID=NDS&Dest=DFW&LKF=NDS&HotelI
d=DFW%20BRI%20&HName=BRISTOL%20HOUSE%20SUITES&Rating=3.0&Return=Prev

http://www.180096hotel.com/cgi-bin/hotelinfo?SID=NDS&Dest=DFW&LKF=NDS&HotelI
d=DFW%20WYNA&HName=WYNDHAM%20ANATOLE&Rating=4.0&Return=Prev

Saturday would be good for me if you can squeeze it in.  I am going to see
Dad tonight.  I will be there at about 7.

Where are you going to be, that puts you on that side of town?

-----Original Message-----
From: Eric.Bass@enron.com [mailto:Eric.Bass@enron.com]
Sent: Friday, November 17, 2000 7:58 AM
To: Bass, Jason
Subject: Re:

I can do the tv but I am busy all weekend so, if I can do it next week let
me know.  I might be able to squeeze it in on Saturday b/c I will be out
that way.

On another note, do you know of any hotels in the cotton bowl area in
Dallas?


If you or your group have trouble printing, it may be that they moved a bunch a printers to \\nahou-psecn01v server. If you are on the the old server, you have to delete that printer from your printer set up and reinstall it by going through Start/run and typing in \\nahou-psecn01v, then select your printer. Thanks.


Start Date: 4/26/01; HourAhead hour: 16;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042616.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/26/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: CISO_EPMI_DESERT
  ENGY_TYPE: NFRM


---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
03/10/99 09:32 AM ---------------------------

Nony Flores
03/09/99 06:03 PM
To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Follow up: C. Fishkin's Proposal and my Comments of 2/19/99

Mark:

 Just a brief note to follow up with additional information regarding the
Global Information Site mentioned by Mr. Fishkin, and my comments to that
section.   As I mentioned in my memo, Sheri Cromwell has been gathering data
and working with the Internet group to come up with the initial draft for the
ECT Legal website.    Sheri completed the first draft last Friday and asked
me who will need to be involved in the review and approval of this
information.  I mentioned to Sheri that you and Tana were working on a
special project and that one of the goals was to create a Global Information
Site or something similar, and that I had mentioned to you as well that she
was gathering some data for that particular purpose.

 I'm not sure what your plans are regarding the Intranet Site, but since
Sheri has already done this work I thought I would let you know in case you
and Tana are interested in talking to Sheri and reviewing her work.  Sheri
has a lot of good ideas and she seems to enjoy project development
responsibilities, not to mention that she's had the opportunity to establish
good relationships with the Internet team.

Thanks.
Nony


This is the VEPCO contact list, as far as I know.  Do we have another one?
(opps!) This is the one Gloria did while you were on holiday in the West.
(Doesn't that sound good?)

Kay

From: Suzanne Adams@ECT on 09/12/2000 10:52 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: VEPCO contact list

Is this to be added to the VEPCO contact list?  New list?

	Kay Mann@ENRON
	09/12/2000 10:45 AM

		 To: Ozzie Pagan/HOU/ECT@ECT, Heather Kroll/HOU/ECT@ECT, Jeffrey
Keenan/HOU/ECT@ECT, Reagan Rorschach/NA/Enron@Enron, Tom Chapman/HOU/ECT@ECT,
Christi L Nicolay/HOU/ECT@ECT, Lloyd Will/HOU/ECT@ECT, Larry
Soderquist/HOU/ECT@ECT, Brian Kerrigan/HOU/ECT@ECT, Matthew F
Gockerman/HOU/ECT@ECT, John Moore/Corp/Enron@Enron, nwodka@bracepatt.com,
Brian Kerrigan/HOU/ECT@ECT, Mitch Robinson/Corp/Enron@Enron, Lisa
Bills/Corp/Enron@ENRON, Chris Herron/Corp/Enron@Enron
		 cc: Suzanne Adams/HOU/ECT@ECT
		 Subject: VEPCO contact list

Here's a draft.  More names are being added, so feel free to suggest more
that we forgot/overlooked, including those external to Enron.

Please send the info directly to Suzanne Adams.

Lisa, Mitch and Chris, you will be on the next draft.  Sorry for the
oversight this time around.

Thank you,

Kay


Tana, I was out of the office last week, did you or Carol hear anything from
Bellingham Cold Storage ?

From: Tana Jones on 06/30/2000 02:36 PM CDT
To: johncameron@dwt.com, hollymitchel@dwt.com, doug.thomas@bellcold.com
cc: John Malowney/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, Carol St
Clair/HOU/ECT@ECT
Subject: Bellingham Cold Storage ISDA Master

Attached please find a draft of the Schedule to the ISDA Master Agreement
between Bellingham Cold Storage Co. and Enron North America Corp.  Please
call Carol St. Clair, Assistant General Counsel, at (713) 853-3989 with any
questions or comments you may have.  My direct dial number is (713) 853-3399.


Phil:

I was just checking to see when we would execute the amendment to the
Security Agreement (to permit the rehypothecation of securities).  Please let
me hear from you.

Regards,

Sara


Start Date: 4/26/01; HourAhead hour: 17;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042617.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/26/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: CISO_EPMI_DESERT
  ENGY_TYPE: NFRM


Mark,

We are really swamped and I would like to keep our involvement in
conferences to a reasonable minimum. I can promise that we shall help you
with a future conference if it happens to be in Houston.

Vince

Mark Thabet <mthabet@iirny.com> on 01/10/2000 12:58:56 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: RE: Energy conference

Vince:

I am sorry to hear about your scheduling conflict. Your expertise would have
been a great value to our conference.  Is there anyone else at your company
whom you could recommend as a speaker?  Thanks again for your time.

Mark Thabet
VP, Energy & Utilities Division
Institute for International Research
708 Third Avenue, 4th Floor
New York, NY  10017
T: 212-661-3500 x3181
F: 212-599-2192

 -----Original Message-----
 From: Vince J Kaminski [SMTP:Vince_J_Kaminski@enron.com]
 Sent: Monday, January 10, 2000 2:01 PM
 To: Mark Thabet
 Cc: Vince J Kaminski; Shirley Crenshaw
 Subject: Re: Energy conference

 Mark,

 I am sorry to inform you that due to a scheduling conflict I cannot
speak at
 this conference.
 I want to thank you for considering me as a speaker.

 Vince Kaminski

 Mark Thabet <mthabet@iirny.com> on 01/06/2000 09:36:23 AM

 To:   Vince J Kaminski/HOU/ECT@ECT
 cc:
 Subject:  Energy conference

 Vince:

 I have attached a rough draft of the agenda with the topics being
considered
 for the conference.  It is being held in Washington, DC on June
19-20, 2000.
 If your schedule allows, please join our speaking faculty.  You will
notice
 that the topic on "Forecasting and Measuring your Exposures to
Energy Price
 Risk" is not currently on the agenda.  We can add it once you have a
chance
 to check your schedule.  I also ask that you make recommendations of
any
 colleagues or industry professionals who can add expertise to the
conference
 as well.

 If you have any questions or concerns, please do not hesitate to
contact me
 at 212-661-3500 x3181.  I look forward to hearing from you.  Thank
you once
 again for your time and assistance.

  <<Agenda-FE104.doc>>

 Mark Thabet
 VP, Energy & Utilities Division
 Institute for International Research
 708 Third Avenue, 4th Floor
 New York, NY  10017
 T: 212-661-3500 x3181
 F: 212-599-2192

  << File: Mac Word 3.0 >>


Dead deal. See previous e-mail.

Evelyn Metoyer@ENRON
12/05/2000 07:26 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Another Chris Mallory Missing Deal

Prebon sent over another confirmation for this non-verbaled deal:

Enron sells to Pacificorp Dec 6- Dec 31 25 Mw of Mid-C at $551.00


Eric,

Did you  have any comments on the turbine contract for Austin that I sent
you?  Obviously, before we can execute a change order we have to execute a
contract.

Thanks,

Kay


Please get me three copies--check with other folks in group and see if they
want one.  Thanks..  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 04/07/2000
10:22 AM ---------------------------

	From:  General Announcement                           04/06/2000 06:58 AM

Sent by: General Announcement
To: All Enron Worldwide
cc:

Subject: New 1999 Annual Reports Have Arrived

The new 1999 Annual Reports are now available for distribution.  If you
haven't already requested books, you may order these through Forms
Management.  You can either use Moore Source or complete a Forms
Requisition.  The Item # on the new books is #42990.  Please keep in mind
that the quantity on these is "per book", not by the box.

If you have questions about how to order, you may contact Micael Shea on
713/853-5418 or Ruby Kinsfather at 713/853-3869.


The following meters were shut-in for approximately 12 Hours beginning
approximately 3:00 AM on Sunday, Feburary 6 due to high pressure on the Tom
O'Connor system.

0989703 Sarco Creek
0984654 Dennis O'Connor
0989708 C E Swyka
0989751 Allison
0984273 Copano #1
0984273 Copano #2
0984126 Copano #3
0984136 Lake Pasture
0986511 Huff Fld Common Point #4
0989709 O'Connor BP Central Point

If you have any questions please feel free to call me at 36449.

Thanks
Gary