---------------------- Forwarded by Steven J Kean/NA/Enron on 05/16/2001
02:32 AM ---------------------------

"Stuart Ryan" <sryan@aesc.com> on 05/11/2001 06:10:19 PM
To: Steven.J.Kean@enron.com
cc:

Subject: Re: Conf Call on Mon., May 14

Hi Steve -

I won't be able to make the call on Monday.

I'd be happy to volunteer not to be on the negotiating team.  It sounds
like there's no shortage of people who want to be on the committee.

My big issue is default service.  This industry needs real customers and
the only way to get real customers is to get rid of default service.
Starting with big customers, along the lines of the core/non-core gas
model, is the best way to go.  The only way to sell this, however, is to
get the big customers to agree it's a good idea.

J. Stuart Ryan
AES Pacific
Suite 3300
100 Pine Street
San Francisco, CA   94111

office:  415 395 7887
mobile:  415 608 0080


FYI. For future reference.
----- Forwarded by Jeff Dasovich/NA/Enron on 05/29/2001 03:46 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	05/21/2001 11:00 AM

		 To: Sandra McCubbin/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON
		 cc:
		 Subject: Materials Ken Lay Used

----- Forwarded by Jeff Dasovich/NA/Enron on 05/21/2001 10:56 AM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	05/21/2001 10:17 AM

		 To: Linda Robertson/NA/Enron@ENRON, Richard Shapiro/NA/Enron@Enron,
skean@enron.com, Janel Guerrero/Corp/Enron@Enron, Paul
Kaufman/Enron@EnronXGate, Daniel Allegretti/NA/Enron@Enron, Howard
Fromer/NA/Enron@Enron, Susan M Landwehr/NA/Enron@Enron, mpalmer@enron.com,
James D Steffes/NA/Enron@Enron
		 cc:
		 Subject:

On the call on Friday, Linda asked if we could distribute materials
developed/used recently in California regarding the crisis and solutions to
try to resolve it.  Attached are:

A "backgrounder" provided to the business leaders that Ken Lay met with last
week
A power point presentation that is a "higher level" discussion of the more
detailed "backgrounder."

If I missed anyone, please forward along.  If anyone has any questions, give
me a call at 415.782.7822.

Best,
Jeff


Attached are the management reports reflecting activity through 6/22/00.


Thank you very,very much.
Love you,
John

Liz M Taylor
06/15/2000 10:19 AM
To: Ina Rangel/HOU/ECT@ECT
cc: John Arnold/HOU/ECT@ECT
Subject: Re: PLEASE,PLEASE,PLEASE

Ina,

Because Johnny is my favorite trader, he can use my world phone.  What time
is he leaving tomorrow?  How long will he be gone?  I'll get everything to
you late this afternoon.

Many Thanks,

Liz

Ina Rangel
06/15/2000 09:41 AM
To: Liz M Taylor/HOU/ECT@ECT
cc:
Subject: PLEASE,PLEASE,PLEASE

I NEED YOUR HELP IF AT ALL POSSIBLE.  JOHN ARNOLD IS TRAVELING TO EUROPE
TOMMORROW AND HAS ASKED ME TO GET HIM A WORLD PHONE.  I CALLED NEXTEL,
HOUSTON CELLULAR AND GTE. NOONE CAN HELP ME WITH THIS BY TOMMORROW.  IF I
REMEMBER YOU SAID YOU TURNED OFF THE PHONES YOU HAD.  DO YOU HAVE ANY
SUGGESTIONS? ANY ADVICE?

-INA


I would call Jil  and Christie as they are the respective decision makers for the environmental and business sides of the coin.

-----Original Message-----
From:	Richard Ring/ENRON@enronXgate@ENRON@EES
Sent:	Tuesday, October 02, 2001 1:58 PM
To:	Klemm, Aaron
Subject:

Aaron,

Which of the individuals do you suggest that we speak to at Patagonia first, Rich Costello, Christie Kelley, or Jil Zilligen ?

Thanks,

Richard


Thanks Mark. Feel free to call me anytime with questions.

Les


ADMINISTRATIVE

Japan National Television - John Ambler and Mike Terraso were interviewed regarding Enron's Climate Change iniatives and statement.

Enron Campus - Ken Lovejoy and Clifford Salawage of ETS (manager Health and Industrial Hygiene) met employees in the Enron building that have concerns about the indoor air quality in their work area.  The issue is being evaluated to determine an action plan.

EUROPE

Poland, ENS Power Plant - Alan Stringer conducted EHS gap analysis audit of the facility and made recommendations on additional procedures required to meet Enron Guidelines and provided advice on EHS aspects for exit strategy of the site.

UK, Project McCook - Alan Stringer participated in a conference call with Susan Worthen, Don Stevens, and Robert Brooks to discuss environmental issues related to indemnification.  This deal is estimated to be signed next week..  Susan's Team will need to conduct a due diligence within 60 days.

Japan, Brownfield Site  - Alan Stringer provided technical assistance and requested historical information on potential brownfield site that EEOS are considering in Japan.

UK, EPOL - TPS -    Alan Stringer and Henry Van are preparing the final list of EHS issues from the O&M audit to be presented to Mike Terraso for resolution.

ENRON GLOBAL ASSETS
(Central America, South America, India and Asia)

San Juan Gas Remediation - field evidence indicates that the tar has migrated off-site to the neighbor's property.

ENA

N. York, Edison Mission Brooklyn Navy Yard Facility - Bill Curra completed the environmental due diligence evaluation of the Edison Mission cogeneration plant for NE Power Origination.  Indications are favorable that the acquisition will go forward, and further risk management assistance relating to environmental issues will be required.

ACQUISITIONS

Sithe Independent Power Partners - 1000 MW combined cycle natural gas fired cogeneration facility located in the Town of Scriba, County of Oswego, NY.  ECT is interested in entering into a 40% limited partnership with no O&M responsibility.  Don Stevens has learned that ECT has submitted their bid to Sithe and is awaiting a response.

GREENFIELD CAPITAL PROJECTS

Offshore LNG Vaporization Terminal - California - Gus Eghneim (Enron Corp) has been asked to manage environmental permitting for an offshore LNG vaporization terminal in California.  Gus has agreed to keep Joe Kolb informed and involved at the next meeting.  The project is in the very early stages of consideration.

DEPARTMENT PROJECTS

Social Responsibility Risk Assessment Tool - Gavin Dillingham met with Lauren Iannarone and they decided to add some more functionality to the database. They will add a section for case studies, transaction cost and industry type. Once this is done it will be populated and the prototype will be demonstrated to interested Enron business units.

REGULATORY TECHNICAL ANALYSIS

Enron IT Employee Receives Ergonomics Relieve - Russell Tucker located a workstation solution to allow the raising of the desk top in selectable increments to provide back strain relieve to an Enron IT employee that is 6' 8" tall. The replacement desk will also allow the employee to remain in his present location within his work group with the desk fitting within the original desk space.

COMPETITIVE INTELLIGENCE & BUSINESS OPPORTUNITIES

California Power Development -- NEPA Review -  Jeff Keeler and Mary Schoen held a meeting with EWS/ENA West power developers to discuss a proposed project in Roseville, CA.   Since the project must connect to the Western Area Power Administration (WAPA) through a substation, WAPA is suggesting that it may need to perform not only a NEPA analysis from the Enron project to the substation, but on the entire WAPA grid, due to NEPA's mandate to analyze "all downstream impact."   Jeff and Mary are working on strategies to determine:  1) if it is legally feasible to conduct NEPA review just for the Enron project portion so that Cal. Energy Commission process is not delayed and 2)  if agencies involved in NEPA review will comply with Bush executive orders mandating expedited review of power project permit applications.

Emissions Control Technology -- Clean Coal Funding - Jeff Keeler discussed with EGM a preliminary strategy for pursuing DOE clean coal program funding for a demonstration project or commercialization grant for the Clean Solutions Group's "NOx Tech" pollution control technology.

Voluntary Greenhouse Gas Emissions Target Analysis -   Lisa Jacobson and Susan Worthen offered recommendations and analysis on voluntary greenhouse gas emissions commitments to Mike Terraso.  Lisa continued to identify opportunities and business activity related to greenhouse gas emissions issues (Climate Neutral Network conference, GEMI conference).

Global Climate Change -  Lisa Jacobson continued to provide intelligence to business units and corporate groups on climate change policy developments, including:
Canada's negotiations with the EU and announcement that it may work to support the Kyoto protocol
Japan's discussions with the US and EU, and resulting announcement that Japan will not move forward with any climate change agreement without the US.
Delay in release of EU climate change policies (coordinated with Govt. Affairs, Brussels/London)
US congressional activity on climate change

Sterling Energy/Renewable Desk - Stacey Bolton followed up w/CEO and COO from Sterling Planet regarding the renewable desk potentially supplying them green tags. Organized call between Sterling and ENA West for next week to explore business opportunities.   Stacey is working with Sarah Novosel (Reg Affairs, Washington) to detail Enron's position before FERC regarding intermittency.  Elliot Mainzer is speaking at a FERC hearing in July, and coordinating position w/ Sarah.

ADVOCACY & COMMERCIAL SUPPORT

Multipollutant & New Source Review Strategies - Jeff Keeler and representatives of the power generation industry met with EPA concerning its 90-day review of the NSR program and its proposed recommendations to the White House.   The group briefed EPA staff from the Administrator's office, Office of Air and Radiation, NSR Enforcement office and White House Council of Economic Advisors on NSR concerns for new power development and our proposed multipollutant solutions that could offer and alternative to NSR.

Global Climate Change - Lisa  Jacobosn and Jeff Keeler continued work on a number of initiatives with commercial and corporate groups:
Congressional advocacy - Lisa represented Enron at a Climate Change lobby day sponsored by several environmental groups. Enron was the only company to make a formal presentation on its position on global climate change.  About 100 delegates were present, representing the scientific, religious, business and environmental communities from Washington, New Mexico, Ohio, Florida, Illinois, Indiana, Iowa, Louisiana, Maine, New Hampshire, Michigan, and Maryland.


Per,

Attached is the first draft of an EGM update and org memo.  Please take a few
minutes and review, add what is necessary for your section and return ASAP.
Other comments are welcome as well.    I would like to get this at on Friday
evening or early next week.   Please do so on a hard copy and have brought
up.  I will incorporate your changes. Some of the changes in the memo are
still under consideration and need to be considered extremely confidential.
This needs a lot of work and filler.  Also add a one line update or positive
statement about your business as an intro line of the section.

Thanks,
mike


thanks for the update.  Please keep me updated today.....

Jeff

	Enron North America Corp.

	From:  Clayton Seigle                           10/12/2000 09:27 AM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: follow up on Saudi

Just to reiterate:  Yes the Saudis are against $40 oil or above.  However, if
the Israel thing gets bad and a lot of people die or it turns into a
religious war over al-Aqsa mosque, the rulers will come under serious
pressure to not help the West by producing more oil.

Arab leaders are holding a summit Oct 21 in Cairo.

CJS


Who ever has Cliff and Deirdre should get the kind of VCR that marks the
commercials and when you play back the recorded TV show, it SKIPS the
commercials.  Yes, technology is a wonderful thing.  Everyone witnessed it
here when we watched a taped episode of the West Wing.  It's a little extra,
but well worth it.

mer
----- Original Message -----
From: Deirdre Robinson <drobinson@cshnyc.org>
To: <megrogers_99@yahoo.com>
Cc: <maeve_robinson@omnicomny.com>; <drobin1962@aol.com>;
<robinson.rosicki@juno.com>; <benjamin.rogers@enron.com>;
<patandnora@hotmail.com>; <creelj@pfizer.com>; <cdoveala@aol.com>;
<michaela.jim@worldnet.att.net>
Sent: Wednesday, November 29, 2000 6:38 AM
Subject: Re: kk wish list

> HI all!
>
> Cliff and Meg and Ben and I had a great time in Chicago for
> Thanksgiving and Charlie's christening.  Big brother Jack
> and Charlie are doing great!  I worked on Jack all weekend
> and by the time I left he was walking around saying DEE!!!
> DEE!!!  We are still working on the AUNT part.
>
> Cliff and I were thinking about a VCR for Christmas.
> Don't know how expensive they are - need to check the
> paper.  That's our only thought right now.
>
> ...more later.
>
> Deirdre
>
>


Please see attached file.  If you have any questions, please call me at (713)
345-3858.


Thank You.

-----Original Message-----
From: Smith, Matt
Sent: Monday, November 19, 2001 7:33 AM
To: Tholt, Jane M.
Subject: good morning

I tried calling but noone picked up the phone.  Anyway, I just wanted to check and make sure you don't have any questions about running keystone and socal.  Generally, I put them out there initially with a 2 cent two way until the market gets moving a bit and then tighten keystone up to 1 or 1.5 cents.  All the products should be set to offset to last trade(usually a penny).  Then I just adjust the offset depending on how fast I think the market is moving.  The market tends to get really slow by 9:15, so by then, I'm back to a 2 cent two-way at keystone and a 3 cent two-way at the border.  These markets will still be tighter than ICE.  Also just a reminder, we have 8000 of the Waha gas to sell to the Texas desk.  All transport should be in position already.  Jason may talk to you about moving some of his transport out of Keystone, but not likely.  I would expect that we would probably want to go about 50,000 long for tuesday and then wednesday.  Check with Patti regarding the injection capacity since Socal raised it this weekend and there may be other changes to the schedule.  I'm available for any questions on my cell phone...832-444-7702.

Have fun,

Mat


TEXAS TRIBUTE ONLINE
News from The University of Texas at Austin
NOVEMBER 2001
____________________________________________
Dear UT Friend:
We received many positive responses to last month's premier issue of TEXAS TRIBUTE ONLINE. Some readers' email software had problems with the logo header. We apologize if you were among that group and hope you enjoy this logo-free second issue. Look for the fall/winter printed edition of Texas Tribute in December, and another TEXAS TRIBUTE ONLINE in January.
Now, on to the news:
WHEN PROFESSOR EMERITUS JOHN J. MCKETTA was teaching, he would say to his students that he could visualize where they would be 15 years into the future. "I'd tell them they were going to be presidents and vice presidents in industry," recalls the eminent chemical engineer and energy adviser to five U.S. presidents. His approach has encouraged and motivated countless incipient engineers in his 55 years at UT. One of those is Peter Buenz, a 1960 chemical engineering graduate who, with his wife Claire, has given $30,000 to endow a scholarship in honor of his mentor.--> SEE http://www.utexas.edu/do/impact/index.html
BEATING THE AGGIES is a reward unto itself, but one group of students is channeling its collective team spirit into a good cause. The UT Austin Army ROTC cadets will run the game football from the UT Tower to Kyle Field to raise money for the Pentagon Victims Fund, established in the wake of the Sept. 11 attack. Runners will leave the UT Tower the morning of Nov. 21, arriving at Texas A&M's Kyle Field in time for the Nov. 23 UT vs. A&M game. The Longhorn Victory Stampede will take the cadets along Highways 79 and 6 en route to College Station. Participants and donations are welcome.--> SEE http://www.utexas.edu/depts/arotc/index.html
UNIVERSITY STAFF MEMBER ARTHUR RAUCH decided it was time to put his money where his mouth is. Rauch, a longtime counselor at the Learning Center, has made a bequest to UT that will create a $700,000 scholarship endowment for members of Phi Kappa Psi, the fraternity he has served as campus adviser for more than 20 years. Rauch says he hopes his donation will provide an academic incentive for students, and that it also will serve as a catalyst for other alumni to make Greek-related scholarship gifts.--> SEE http://www.utexas.edu/do/impact/index.html
GO BEFORE THE END OF THE YEAR to the Jack S. Blanton Museum of Art to catch two dynamic exhibits. "Past Present Future: Notions of Time in 20th-Century Art" draws on the Blanton's renowned collections of American and Latin American art, focusing primarily on works created between 1915 and the early 1980s . Reaching further into the past, "500 Years of Prints and Drawings" features works on paper representing the 15th through 20th centuries. Both exhibits end December 30.--> SEE http://www.blantonmuseum.org/
SPEAKING OF THE END OF THE YEAR, it's almost here! If you're considering a year-end donation to the University, please remember that your gift must be received by Dec. 31 for a 2001 receipt to be generated. Also, you may have the opportunity to double or even triple your gift if your employer has a matching gift program. To ensure that UT receives the maximum benefit from your investment, ask your human resources office if a match is available.
For further news and information about UT Austin, visit our home page:--> SEE http://www.utexas.edu/
As always, your feedback is both welcome and appreciated. Hope you have a safe and happy Thanksgiving holiday.
Jamey Smith
Editor, Texas Tribute
UT Austin Office of Resource Development
<mailto:tribute@www.utexas.edu>
____________________________________________
How to change your address and unsubscribe:
To change the address at which you receive TEXAS TRIBUTE ONLINE or to be removed from the list, please reply to this message and type CHANGE TO (NEW ADDRESS) or REMOVE in the body of your message.
____________________________________________
Copyright 2001 The University of Texas at Austin.


Mr. Dossett,

I did not have your email address - however, I do recall inviting you verbally to the party, in person.  No one else on that distribution list received such an honor.  I am sorry you can't make it, as I know you have a black tie affair, however, there have been 12 girls who have accepted our invitation and only 3 guys.  Therefore, my party might have a better ratio for you.  Sorry you'll miss it!

And I have TN and 18 for a smoothie.  Think I'll win?

Kim

 -----Original Message-----
From: 	Kane Dossett <kane@partnersnational.com>@ENRON
Sent:	Wednesday, November 28, 2001 3:31 PM
To:	Ward, Kim S (Houston)
Subject:	Pissed off and neglected

John Schilke emailed the invitation to me for the TN/FL game; however, I did
not get the invite from you, meanie.

I do hope you guys have a good time (I can't go to Houston this weekend),
and I hope the Vols can keep it close for more than 5 minutes.  Did you see
that the point spread is already up to 18?

Write me.

Kane


Come to me first, and I can help you sort it out from there.  The only stuff
that I have no clue about is the traders intra-book swaps.

c

   Kate Symes                12/08/2000 11:15 AM

To: Cara Semperger/PDX/ECT@ECT
cc:
Subject: Re: December 8 is balanced now except for Real time changes

Thank you!

The itemization was absolutely no problem, and please let me know when I can
do things like that to make your job go more smoothly. I know the market got
chaotic late yesterday; so I probably could have assumed that our net
position would be off today and at least one other person would know that.
But it seems that in this business, assumption can cause a small problem to
breed and multiply into one of mammoth proportions down the line. So I
thought I'd ask. In the future, is it you I should come to, or real time?

Thanks again for your help.

Kate


Shelley,

I scratched my cornea playing basketball or have a conjunctivitis infection in my eye.  I have a doctor's appointment for 11:00 on Tuesday.

My home number is 281 359-6258 if you need to reach me.

Rick
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Nipple Nibbler

DG

"Brent Wallace" <bwallace@zahrsecurities.com> on 04/11/2001 02:52:49 PM
To: "James Conlee \(E-mail\)" <jconlee@tradecast.com>,
<brollman@protrader.com>, <darron.c.giron@enron.com>
cc: <joe@gallup.com>, <fallen@zahrsecurities.com>, <chris@savatech.com>
Subject: FW: Prison Bitch Name Generator

What's yo name, biznitch?

 http://members.iglou.com/lyons/bitchGen.html
 <<Oz Prison Bitch Name Generator.url>>

 - Oz Prison Bitch Name Generator.url


Listed below are the holidays that have been scheduled for 2001.

Monday, January 1  New Year's Day

Monday, January 15  Martin Luther King Day

Monday, February 19  President's Day

Monday, May 28  Memorial Day

Wednesday, July 4  Independence Day

Monday, September 3  Labor Day

Thursday, November 22 Thanksgiving Day

Friday, November 23  Thanksgiving Observance (Floating Holiday)

Monday,  December 24  Christmas Observance (Floating Holiday)

Tuesday, December 25  Christmas Day

Discretionary Holiday (must be taken in 2001)

Based on business unit needs, employees may be asked to work one of the above
company observed holidays.  Please see your manager if you have any questions
regarding your work schedule.

If you have any questions, please do not hesitate to see me.

Amy
---------------------- Forwarded by Amy FitzPatrick/PDX/ECT on 01/10/2001
10:11 AM ---------------------------
  Cindy Olson  Executive VP
   Human Resources & Community Relations
From: Cindy Olson  Executive VP Human Resources & Community Relations@ENRON
on 01/09/2001 10:01 PM CST
Sent by: Enron Announcements@ENRON
To: All Enron Employees United States
cc:
Subject: Martin Luther King, Jr. Day

As many of you have already noticed, this year Enron will be closing its
offices on Monday, January 15 in honor of Martin Luther King, Jr. Day.  This
is the first time we have observed this national holiday, and I am certain
that many of you will be pleased to know that the executive committee has
decided that we will continue to do so in the future.

Enron continues to observe 10 holidays each year (including two floater
holidays) and provides one additional discretionary holiday for our
employees.   For a complete listing of Enron's holiday schedule, go to
http://hrweb.enron.com/holiday/body.asp.


Hey Sara,

Here are those trades I was referring to.  These transactions were entered
into on March 8, 2001 and have not yet been confirmed.  Thanks for your help.


Also re Nicor, GISB contractrs have been sent for execution.

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


I changed deals 268090 and 268093 effective 9/7/2000.  We plan to have
storage maxed out by 9/30/2000 and there will be no injections for October.

Comments, questions??  Will this cause any problems with the Choice program
in October?


Attention Amigos, please read the following.

12/26/2000 Note -- PJM Pilot Program

PJM is implementing a pilot program effective 0900 Thursday, December 28,
2000.

PJM is reducing the time required to request a change to an existing
interchange transaction and purchase hourly transmission from 30 to 20
minutes.
Changes to interchange transactions will continue to be guaranteed with 30
minutes notice.
Changes will be accommodated with 20 minutes notice on a best effort basis.
To accommodate the reduced notification time for interchange transactions,
transactions without a linked NERC Tag will not be approved until a Tag is
linked. Transactions that remain untagged 20 minutes prior to the transaction
start time will be rejected. As always, transactions without a NERC Tag will
hold ramp.


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----- Forwarded by Brent Hendry/NA/Enron on 10/16/2000 11:42 AM -----

	Dale Neuner@ECT
	10/12/2000 09:45 AM

		 To: Justin Boyd/LON/ECT@ECT, Amita Gosalia/LON/ECT@ECT, Janine
Juggins/LON/ECT@ECT
		 cc: Brent Hendry/NA/Enron@Enron, David Forster/Corp/Enron@Enron, Jennifer
deBoisblanc Denny/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Robert B
Cass/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT
		 Subject: FX Issues

Brent called this morning and has corrected me on this issue. The scenario
provided by the FX Desk that I discussed in my previous e-mail is where Enron
in the UK offers products to external counterparties. The present online FX
scenario is not the case; we are offering the Product internally, so the
Enron trading entity would be Risk Management and Trading Corp. "RMT" (as
seen in the Product Long Description sent earlier).

So, in your consideration today, please amend my previous explanation by
replacing reference to ENA with RMT, and consider any service agreement or
tax issues that may occur as a result of this amendment.

My apologies for any confusion this may have caused.

Dale


Brent, I am fine deleting 6 (a) (ix) (1), but credit covering this issue
should be in place via either an ISDA or Deemed ISDA prior to transacting
with any counterparty under this GTC.

John

From: Brent Hendry@ENRON on 09/05/2000 07:01 AM
To: John Suttle/HOU/ECT@ECT
cc:
Subject: Re: Japanese Weather Derivative GTC's for EOL

John, what is your opinion?

Brent
----- Forwarded by Brent Hendry/NA/Enron on 09/05/2000 07:00 AM -----

	John Viverito
	09/04/2000 01:08 AM

		 To: Brent Hendry/NA/Enron@Enron
		 cc: Dale Neuner/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Suttle/HOU/ECT@ECT, Jonathan
Whitehead/AP/Enron@Enron, Mark Taylor/HOU/ECT@ECT, Susan
Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: Japanese Weather Derivative GTC's for EOL

Brent-

If credit is content, we may consider deleting 6 (a) (ix) (1) altogether.
Please let me know if this is the case and I will then produce the draft for
loading on to EOL.

Thanks,

John

	Brent Hendry
	09/01/2000 04:54 PM

		 To: John Viverito/Corp/Enron@Enron
		 cc: Dale Neuner/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jonathan Whitehead/AP/Enron@Enron,
Mark Taylor/HOU/ECT@ECT, Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
John Suttle/HOU/ECT@ECT
		 Subject: Re: Japanese Weather Derivative GTC's for EOL

The suggested change below takes care of the issue of not being able to
modify the threshold level to be counterparty specific.  However, I question
whether taking the threshold level to zero might prove to be too low a
threshold, at least for Enron.  What is the danger of this provision being
triggered by some nonmaterial disputed debt?  If having a bilateral zero
threshold works from an Enron credit perspective then I think you could go
forward with using this provision.  I am open to everyone's comments on this
point.

Let me know if you have any other questions.

Regards,
Brent

	John Viverito
	08/31/2000 09:06 PM

		 To: Brent Hendry/NA/Enron@Enron
		 cc: Dale Neuner/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jonathan Whitehead/AP/Enron@Enron,
Mark Taylor/HOU/ECT@ECT, Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: Japanese Weather Derivative GTC's for EOL

Brent-
Thanks for your quick response.  With regard to 6(a)(ix)(1), based on the
fact that EOL is not able to handle counterparty specific threshold levels in
the GTCs, I have considered modifying the provision as follows (the portion
in red/brackets would be deleted):
"has a pre-judgment attachment ("karisashiosae"), post-judgment attachment
("sashiosae") or other court order of enforcement issued in respect of any of
its assets (other than its rights under the ISDA Agreement) in relation to a
debt or debts [in an aggregate amount of not less than JPY[  ] (or the
equivalent in any currency)] and such attachment or other court order of
enforcement is not dismissed, discharged, stayed or restrained in each case
within 30 days of the date of issue thereof; "
Please advise if you believe we should go forward on this basis.  Following
Susan Musch's input, I will then contact Dale Neuner.
Cheers,
John

	Brent Hendry
	08/31/2000 05:56 PM

		 To: John Viverito/Corp/Enron@Enron
		 cc: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jonathan
Whitehead/AP/Enron@Enron, Mark Taylor/HOU/ECT@ECT, Susan
Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dale Neuner/HOU/ECT@ECT
		 Subject: Re: Japanese Weather Derivative GTC's for EOL

John,

Sections 4 (a), (b) and (d) cover the issues very nicely, I apologize for not
making the connection before.  With respect to 6(a)(ix)(1) I am told that EOL
is not able to handle counterparty specific threshold levels in the GTCs and
I don't think a generic threshold level will work for everyone.  Is there a
way to redraft this provision or leave it out and still accomplish what you
need to?

After the form is finalized then you will need to talk to Dale Neuner at 713
853 9746 about loading the documents and removing the product from Enron
Australia.

Let me know if you have any other questions or issues.

Thanks,
Brent

	John Viverito
	08/31/2000 01:08 AM

		 To: Brent Hendry/NA/Enron@Enron
		 cc: Mark Taylor/HOU/ECT@ECT, Susan
Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jonathan Whitehead/AP/Enron@Enron,
David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: Japanese Weather Derivative GTC's for EOL

Brent-

Thanks for your correspondence.  I have responded to your questions/comments
below in red and attach a clean draft of the GTCs, which does not contain any
further changes from the draft you have provided.

Please inform me, with regard to paragraph 6 (a) (ix) (1), as to what, if
anything, should be inserted for the event of default threshold amount.

I have also copied Susan Musch on this e-mail, so that she can determine if
all is well from the tax perspective.

Once Susan signs-off from the tax perspective, please inform me as to what
needs to be done to load the GTCs, noting that the existing EOL GTCs for
Japanese weather, are utilizing Enron Australia Finance Pty. Limited as the
counterparty.  My understanding is that those GTCs will then be removed.  I
have also copied David Minns in Australia, so that he is aware of the status
of this matter.

Cheers,

John

	Brent Hendry
	08/29/2000 10:47 AM

		 To: John Viverito/Corp/Enron@Enron
		 cc: Mark Taylor/HOU/ECT@ECT
		 Subject: Re: Japanese Weather Derivative GTC's for EOL

John,

I am attaching the GTC with a few changes marked in the draft.  Is this GTC
only intended to be used between Enron Japan Corp. and a Japanese
counterparty?  The GTCs have been tailored for Japanese counterparties.

With respect to footnote number 1 you are correct the issue is covered under
4(f).  Noted. With respect to footnote number 2 unless one of the parties to
a transaction is a US counterparty or there is a local law requirement I am
not sure we need representation 5 (b).  We obtain essentially the same
representation from the counterparty under representation 5 (d). Noted and
agreed.

I would recommend reinserting the paragraph entitled "Early Termination" that
you have deleted.  Enron prefers to have "Loss" apply for valuations upon
early termination, especially in situations where there is not a liquid
market or for unusual or longdated trades.  I think the weather market is one
where Enron would prefer to use the "Loss" method of calculation.   See 4.
(a) and (b) and inform me if this is sufficient.

I would also reinsert the designation that Enron is the Calculation Agent
(unless there is a good reason to not designate a Calculation Agent).  See 4.
(d) and inform me if this is sufficient.

I assume that the payee tax representations are not applicable because there
is no withholding (for either residents or nonresidents of Japan) on
derivative transactions.  Please let me know if this is not the case.  I have
copied Susan Musch on this correspondence to receive her input regarding tax
issues.

Please let me know if you have any questions regarding my comments.

Brent


Good Morning Miss Dana!

You are so fresssssssssssssssssh!  It does feel good to be in a perfect
relationship.  You know there is a Scripture which talks about returning to
your
first love -Jesus.   I stand on it  often but can't remember it's location in
the Gospel.  There is another which speaks to the smell and aroma of Jesus
Christ.  That's awesome too.

Have a blessed day.  Your joy gives me a boost.  Receive God's special
goodness
for your life.

Love Ya'
Jacqueline Gayle


Help, Time Warner is my cable service provider, however, when I attempted to
open the ordering information, I am told that a discount for TimeWarner cable
modern service is not available in my area.  What do I need to do?  So far as
I know, I can subscribe to cable modem service with TimeWarner, however, I
have been waiting until the ClickAtHome rollout before I committed to any
service contract.  Can someone get back to me regarding when the discounted
service might be available, if not, what is the possibility for a discounted
DSL service from ATT.  Thank you.

	The ClickAtHome Project Team@ENRON
	Sent by: Enron Announcements@ENRON
	01/10/2001 03:19 PM

		 To: ClickAtHome Pilot 1 Confirmed Participants, ClickAtHome Pilot 2
Confirmed Participants
		 cc: Suzanne Brown/HOU/ECT@ECT, David Wise/NA/Enron@Enron, Kevin
Whitehurst/NA/Enron@ENRON, Elizabeth Boudreaux/NA/Enron@Enron, Stacey
Dempsey/HR/Corp/Enron@ENRON, Marie Newhouse/Corp/Enron@Enron, Marsha
Francis/Corp/Enron@Enron
		 Subject: ClickAtHome ISP Ordering is Here!

Thank you for your participation in our first two pilots.  Your effort, time
spent, feedback, and interest in the program has been very helpful in
improving it.  Thank you, too, for your patience through this new process.

We are excited to announce the beginning of Internet Service Ordering today,
Wednesday, January 10.  Many of our vendors are ready to begin providing
service to you today, while all vendors will be ready by late February.   The
ClickAtHome Internet Service Providers whom are currently available for
internet service are
Time-Warner in Houston, (cable modem)
Kingwood Cable, (cable modem)
AT&T in Portland.  (cable modem)

MSN will be available in late February, providing both dial-up and DSL
service.  We will provide further communication as soon as MSN orders can be
placed. We appreciate your patience in advance.

To pre-qualify and sign up for service in your area today with Time Warner,
Kingwood or AT&T- Portland, refer to http://clickathomepilot.enron.com for
specific provider information and instructions on how to place your order.
If you have problems launching the site, please copy and paste
http://clickathomepilot.enron.com directly into Internet Explorer.

The ClickAtHome Team is excited to bring you the final stage of the program.
Again, we thank you for your patience.  We encourage you and your family to
use and personalize your new portal, which can be found at
www.clickathome.net.  And we encourage you to get connected, and Get
Innovative at Home!

ClickAtHome Team


In devising a strategy, it would be helpful to know what requests are out
there. Can you get someone to put together the best list we can?

	Steve C Hall
	03/09/2001 07:51 PM

		 To: Richard B Sanders/HOU/ECT@ECT, gfergus@brobeck.com, Christian
Yoder/HOU/ECT@ECT
		 cc:
		 Subject: CAISO Notice: Subpoena from the Attorney General

Another subpoena.
---------------------- Forwarded by Steve C Hall/PDX/ECT on 03/09/2001 05:54
PM ---------------------------

"Fuller, Don" <DFuller@caiso.com>@caiso.com> on 03/09/2001 07:33:07 AM
Please respond to "Sole, Jeanne" <JSole@caiso.com>
Sent by: "Happ, Susan" <SHapp@caiso.com>
To: ISO Market Participants
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI
CIPANTS@caiso.com>
cc:

Subject: CAISO Notice: Subpoena from the Attorney General

To Market Participants and Scheduling Coordinators:

The ISO received a subpoena today from the California Attorney General.  The
subpoena requires a response March 23. The subpoena and the cover letter are
attached.  The cover letter indicates that the Attorney General agrees to
abide by the confidentiality provisions outlined in an October 25, 2000
letter from the Attorney General which is also attached.  The CA ISO will
mark as confidential documents it produces to the Attorney General that
contain information subject to 20.3.2, and will request confidential
treatment in accordance with the AG's October 25 letter. Concerns related to
the subpoena should be relayed directly to the Attorney General. The AG
contact related to the subpoena is Richard Rochman who can be reached at
(415) 703-1404.   The ISO would appreciate being notified also of any
concerns.  The ISO contacts are Jeanne Sol, at jsole@caiso.com
<mailto:jsole@caiso.com>  and Norma Formanek at  <mailto:nformanek@fbm.com>
nformanek@fbm.com both of whom should be copied on correspondence.
 - March7letter.pdf
 - March8sub.pdf
 - 10-25caisoconfidential1025.doc


Chris, Rob Milnthorp will give you a call to further discuss the
opportunity.  I would suggest that you find a day over the next couple weeks
to meet Rob in Calgary to speak in detail about the role, the market and
expectations.

I appreciate your openess and let me know how I can help.

The Ontario market is one of the best new market opportunities for ENA over
the next year.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/01/2000
11:36 AM ---------------------------

	From:  Chris H Foster                           11/01/2000 10:50 AM

To: David W Delainey/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT
Subject: Toronto Opportunity

Dave:

I would like to put the wheels in motion to investigate the opportunity we
discussed yesterday.

Although my initial reaction is that I truely enjoy Portland and my current
position (it's cold in Canada) and believe I can add real value here over the
next year or two, the opportunitiy to build help build a business and broaden
my experience with a move to Toronto is positive.  I need more information to
feel comfortable making this decision.  So, please advise me as to when I can
contact Paul DeVries and Rob Milnthorp (and who else I should contact) to get
into the details..

Thanks for the opportunity!

Chris


Many thanks.

TC

	Enron North America Corp.

	From:  Tana Jones                           04/11/2000 02:05 PM

To: Tobin Carlson/HOU/ECT@ECT
cc:
Subject: Re: Limits

I have a letter on its way to Mike Moscoso right now (interoffice mail).  We
requested 5000 for nat gas any one month, but were only approved for an
additional 2000.  So we went from 15,000 to 17,000.

Welcome back!


Shirley,

Please, register me. Is there any  conflict?

Vince

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/30/99
12:43 PM ---------------------------

"John D. Martin" <J_Martin@baylor.edu> on 12/28/99 02:35:14 PM
To: ramchand@jetson.uh.edu, ds64@andrew.cmu.edu, Mary Alison
Bailey/HOU/ECT@ECT, Karin.S.Thorburn@Dartmouth.EDU,
Scott_Richardson@ccmail.bus.umich.edu, cjustice@ect.enron.com,
ds64@MAIL1.ANDREW.CMU.EDU, abutler@finance.bus.lsu.edu, bethelj@sec.gov, Bill
Petty <Bill_Petty@baylor.edu>, Blake Johnson <blakej@stanford.edu>,
BrisArturo <ab364@bull.som.yale.edu>, c.barry@tcu.edu, ckirby@utdallas.edu,
Darius Palia <darius.palia@gsbpop.uchicago.edu>, daveike@ruf.rice.edu, "David
A. Chapman" <chapman@eco.utexas.edu>, david.hirshleifer@ccmail.bus.umich.edu,
dmauer@mail.cox.smu.edu, dosborne@utdallas.edu, eronn@mail.utexas.edu (Ehud
I. Ronn), Espen Eckbo <B.Espen.Eckbo@Dartmouth.EDU>, Stuart Gillan
<sgillan@tiaa-cref.org>, grullon@rice.edu, jfleming@ruf.rice.edu,
jmccormack@sternstewart.com, "John D. Martin" <J_Martin@baylor.edu>,
steoh@umich.edu, jwallen@mail.cox.smu.edu, Kent Daniel
<kent@kent.kellogg.nwu.edu>, Laura Starks <lstarks@mail.utexas.edu>, Murray
Carlson <carlsonm@mail.utexas.edu>, pkadiyal@mail.cox.smu.edu,
ramchand@jetson.uh.edu, s.mann@tcu.edu, SirriE@sec.gov,
smoeller@mail.cox.smu.edu, stice@mailhost.tcs.tulane.edu, "Thomas H. Noe"
<tnoe@mailhost.tcs.tulane.edu>, Tim Opler <opler.1@osu.edu>,
Titman@mail.utexas.edu, veleswar@mail.cox.smu.edu,
vencat@mailhost.tcs.tulane.edu, Vince J Kaminski/HOU/ECT@ECT,
wangfa@rice.edu, warga@uh.edu, wylee@comp.uark.edu, yexiaoxu@utdallas.edu,
Andres Almazan <Andres.Almazan@bus.utexas.edu>, Antonio Bernardo
<abernard@anderson.ucla.edu>, sgilson@hbs.edu
cc:
Subject: Announcing TFF 2000

Happy New Year!  Just a note to announce the dates for this years Texas
Finance Festival.  This year we are meeting earlier in April, in San
Antonio, and start the program on Friday. Please put the date on you
calendar and send in your registration forms ASAP as space at the
conference is limited.  I also encourage you to register with the hotel
immediately as we were able to reserve only a limited number of rooms at
the reduced conference rate.

Hope to see you all there!  More fun in Texas.

John
 - announcerev.doc

John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
J_Martin@Baylor.edu
web:    http://hsb.baylor.edu/html/martinj/home.html


Lindy, do you know offhand whether our OBAs with PG&E and SoCal deviate from
the usual 10% tolerance provided for in our tariff form OBA?  If not, who do
you think might be able to tell me?


Company lease just south of the Sarita Checkpoint.  18,000 acre pasture.

Buck and doe white-tail
2 bulls and 1 cow nilgai.
1/20/01

 <<bejr_buck2.jpg>>  <<Kennedy_dn.jpg>>

Ewing Construction Co., Inc.
David Nobles
david_nobles@ewingcc.com
(361) 882-6525

 - bejr_buck2.jpg
 - Kennedy_dn.jpg


how's tomorrow night?

	Nancy Sellers <Nancy.Sellers@RobertMondavi.com>
	07/24/2001 01:45 PM

		 To: "'Jeff Dasovich'" <Jeff_Dasovich@enron.com>
		 cc:
		 Subject: are you coming?

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


FYI
 -----Original Message-----
From: 	Horton, Stanley
Sent:	Thursday, February 14, 2002 6:13 PM
To:	Corman, Shelley
Subject:	RE: Need Your Approval for Telephone Moves

OK

 -----Original Message-----
From: 	Corman, Shelley
Sent:	Thursday, February 14, 2002 4:21 PM
To:	Horton, Stanley; Hayslett, Rod
Cc:	Daily, Pamela; Blair, Lynn
Subject:	Need Your Approval for Telephone Moves

Stan/Rod,

I previously mentioned to you that I have assigned John Buchanan as Mgr, TW scheduling to ensure that we have a consistent focus on TW scheduling matters and presence at the 8 AM TW morning meeting (Lynn Blair, Steve January and Terry Kowalke are in the NNG morning meeting each day at the same time).

Previously Terry Kowalke and John Buchanan split time advising the TW and NNG team on day to day scheduling matters.  Terry was sitting on 39 and John on 42.  In light of the immediate change in their assignments, I asked John and Terry to switch desks.  I need your authorization to move their telephones.

This change is important to demonstrate to the commercial groups of both NNG and TW that we will not miss a step in tending to daily business even during the transition.

Thank you for the support.


We are pleased to announce that Dave Duran will replace Janet Dietrich to
co-lead the East Power Wholesale business at Enron.  Dave will continue to
run the highly successful Generation Investments business.

The East Power team will continue to have a single income statement and joint
accountability toward its financial goals as was set out in the
reorganization in late 2000.

Within Dave's Generation Investments group; Michael J. Miller will lead the
effort to acquire new QF projects, Chuck Ward will lead the restructuring
efforts on existing QF projects, and Carl Tricoli will lead the initiative to
develop and market capital products to IPP's.  In addition, Mitch Robinson
will lead a new initiative to evaluate opportunities with coal fired
generation.  Dave and Kevin Presto will attempt to leverage the Generation
Investments business and the Origination activities through a tighter
integration between the two groups.

Dave has over nine years of direct experience in gas and power origination at
Enron including an outstanding performance over the last couple of years
building the Generation Investments business.  He also spent two years
managing Enron's Retail Gas Marketing business in Dublin, Ohio.

The East Power group has had a great start to the year and we feel confident
that the leadership team of Kevin and Dave will lead to continued success.


Content-Transfer-Encoding: quoted-printable
Date: Tue, 10 Oct 2000 11:48:03 -0500
From: "JASON PETERS" <PETEJ@andrews-kurth.com>
To: <mark.elliott@enron.com>
Cc: <Sara.Shackleton@enron.com>
Subject: Terms of Business between ITGL and ENA
Mime-Version: 1.0
Content-Type: text/plain; charset=US-ASCII
Content-Disposition: inline

Mark,

Pursuant to our earlier conversation, I have the following questions which
relate to the Financial Services Authority's Conduct of Business rules:

1. The Agreement provides that the Broker may "from time to time effect
transactions with or for ENA in Non-Readily Realisable Investments (as
defined in the Rules)"

I presume this is acceptable, but please confirm.

2. The Agreement provides that  "the protections in the Rules on giving
suitable advice will not apply"

Again I presume this is acceptable since we will probably not be using their
advice, but please confirm.

3. The Agreement provides that "Any monies arising in the normal course of
business  will be held by our agent in accordance with the Financial Services
Regulations 1991 and the relevant rules of FSA."

Please confirm that this is acceptable.

4. The Agreement provides that it shall be governed by English law and that
ENA submits to the non-exclusive jurisdiction of the English courts.  I know
that ENA has specific policies in the US relating to governing law and
submission to jurisdiction.  Please confirm with me that the above-referenced
provision is acceptable.

Thanks,

Jason


Our Sacramento correspondent just exited a news conference from
Gov. Davis, FERC chair Hoecker, DOE Sectretary Richardson and
others outlining several emergency measures, including west-wide
price cap. As soon as her report is filed, we'll be sending it to your
attention. I expect that will be around 2:30 pm.


Electric Business Understanding - May 2, 2001

EB552 - 8:00 am - 5:00 pm          Cost:  $600.00

The Electric Business Understanding Seminar will give a basic overview of the
electric business for those with limited knowledge of this industry. This
seminar is recommended for entry level to mid-level employees in either the
gas or electric business or in businesses providing services to these
industries. This course will provide you with a general understanding of how
the electric business operates, who the key industry participants are, the
strategies they employ to be successful, and how the business is likely to
evolve.
Please click here for registration
http://www.corptraining.com/index.cfm?company=enron.  If you have any
questions, please call 713 853-0357.


I'm receiving mine!!!  But I'll be in Buenos Aires next week so I'll keep my
fingers crossed that my computer is working (in the event any further earth
shattering Lehrer family announcements occur).  My mom does not know how to
turn the computer on but she does have an email address.  We better wait
until she "gets comfortable" with the concept of email before handing out her
address.  At this very minute, my dad is returning from a convention in
Atlantic City.  He called me from the airport on his CELL PHONE.  You see, it
took me some time to get him to carry his cell phone with him.  I'VE
SUCCEEDED!  Talk to you soon, Mr. Webmaster.  Sara

"Arnold W. Barnett" <abarnett@home.com> on 02/23/2000 05:42:36 PM
To: "'Arnold Barnett'" <abarnett@mapus.com>, "Lara Barnett"
<lbarnett@cyberenet.net>, "Allison Sher" <albsher@juno.com>, "Mark Sher"
<msher@dlalaw.com>, "Ronnie Barnett" <rahkneebee@aol.com>, "Alan&Nancy
Barnett" <acsurfr@aol.com>, "Steve&Anita Sher" <ssher5dun@aol.com>,
"Debbie&Steve Cavalier" <labdsc@womans.com>, "Sara Shackleton"
<sshackl@enron.com>, "Amy Schiller" <aimee1132@aol.com>, "Neil Schiller"
<schneil@ibm.net>, "Joan Schiller" <joaniem5770@yahoo.com>, "Gary Schiller"
<gary@bmicmortgage.com>
cc:
Subject: Checking e-mail

I met with Gary today and he said he was not getting any of my e-mails.  I'm
sending this to the group to verify addresses.  Please reply to confirm
receipt.
Arnold


Is it possible for everyone to stay on Rick's Staff meeting (10:30 CST) today to discuss our next steps?  I think that may allow us an opportuntity to set up next steps.

Jim

 -----Original Message-----
From: 	Shapiro, Richard
Sent:	Friday, August 17, 2001 7:33 AM
To:	Shelk, John; Robertson, Linda; Steffes, James D.; Nicolay, Christi L.; Novosel, Sarah; Briggs, Tom; Alvarez, Ray; Shortridge, Pat; Long, Chris; Nersesian, Carin
Subject:	RE: Report on "Anti-RTO Bill" and on Andy Black Meeting

Do we have alternative reliability language we can get to DOE/FERC? If not, can we develop rather quickly?

 -----Original Message-----
From: 	Shelk, John
Sent:	Thursday, August 16, 2001 3:05 PM
To:	Shapiro, Richard; Robertson, Linda; Steffes, James D.; Nicolay, Christi L.; Novosel, Sarah; Briggs, Tom; Alvarez, Ray; Shortridge, Pat; Long, Chris; Nersesian, Carin
Subject:	Report on "Anti-RTO Bill" and on Andy Black Meeting

This note is to report on two electricity legislative developments: the Aug. 2nd introduction of an anti-RTO bill (or at least anti-mandatory RTOs) and on a meeting I had yesterday afternoon with Andy Black, the policy coordinator for Chairman Joe Barton on the House Energy and Air Quality Subcommittee, to discuss their intentions with respect to electricity legislation this Fall.

1.  H.R. 2814 (Reps. Tom Sawyer (D-OH) and Richard Burr (R-NC))

On Aug. 2nd (the last day Congress was in session before the August Recess), the above named members of the House Energy and Air Quality Subcommittee introduced H.R. 2814, the Interstate Transmission Act.  The legislation is bad because, among other things, it requires FERC to establish transmission pricing policies that provide incentives for voluntary participation and formation of RTOs, with language prohibiting policies that have the effect of forcing transmitting utilities to join RTOs.  Also objectionable is that the bill would "limit" pancaking but at the same time require FERC to establish a "reasonable transition mechanism or period" for additive charges.  The legislation prohibits FERC from conditioning any order upon a transmitting utility being required to transfer operational control of jurisdictional facilities to an ISO or RTO.  The bill would require that participating transmitting utilities must approve the form, structure and operating entity of any RTO.

In addition to the RTO language, the bill has the "old" version of the NERC reliability legislation in it.  The bill also has a PUHCA exemption for RTOs, repeals Federal Power Act sec. 203 on the disposition of property and includes the tax changes that IOUs seek for transfers of property to an independent transmission company.

Barbara Hueter advises that First Energy has its hq in Rep. Sawyer's district.  Rep. Burr is from North Carolina, so perhaps Duke had its utility hat on in working with him.  I am checking into where Duke is on this issue.  Rep. Burr is the Vice Chairman of the House Energy and Commerce Committee and close to Chairman Tauzin -- so his support for this legislation is significant (see Andy Black comment below).

2.  Andy Black Meeting

Andy is meeting with various trade associations this month to discuss electricity legislation.  He is only meeting with a few companies on a one-on-one basis -- Enron, Reliant, Dynegy and TXU.  His timing is to have a legislative draft for Chairman Barton to review when Congress returns after Labor Day.  If Chairman Barton approves or makes changes, the draft will be circulated to members of the subcommittee and the public for further comment.  The intent is to mark up an electricity bill this Fall so that if the Senate acts on electricity in its comprehensive energy bill, the issue will be ripe for consideration in a House-Senate conference committee.  Here is a run down of my comments and Andy's comments on specific issues.

a.   RTOs

Chairman Barton supports RTOs.  At a minimum, the draft will affirm FERC's authority as the commissioners have requested.  Andy is considering going beyond that to mandate RTO participation.  Not sure he can hold that position in the subcommittee.  He is looking to Enron and others to help them explain and build support for RTOs.  Informed him of our initial informal coalition steps.  However, Andy asked me to look at sec. 3 of the Sawyer-Burr referenced above, which I realized after the meeting is the part that deals with incentive rates and negotiated rates to expand transmission and voluntary RTOs.  I have a call in to Andy to reconcile these statements since the Sawyer-Burr bill is based on voluntary RTOs.  Hopefully, he is thinking of using the incentive and negotiated rate language and NOT the objectionable voluntary RTO aspects.  I will strongly encourage him to "do the right thing" in that regard.

b.   PUHCA

The draft will use the Pickering bill (H.R. 1101).  Told Andy about our concerns with the record keeping provisions of that bill.  Will send him our legislative language to clarify these provisions so that they do not open up all of Enron's records -- even those unrelated to transactions with a regulated utility affiliate.

c.  PURPA

Prospective repeal.  On back up power, they are thinking of requiring that rates for back up power be just and reasonable until there is retail competition in the state.

d.   Interconnection

They have received a proposal from Trigen that Andy says we will like.  I am contacting EPSA to get the details.

e.   Net Metering

They are likely to include the Inslee bill to require "net metering."  I explained our concern that the bill's mandate applies to all retail energy suppliers -- including EES -- even though this should only apply to utilities with an obligation to serve; that it does not make sense to mandate it on service providers like EES (per Jim's helpful comments yesterday).  I need to get more information to Andy.

f.   Transmission Jurisdiction

Thankfully, Andy is NOT going to use those portions of the bill as reported by subcommittee in the last Congress that gave use heart burn on jurisdiction.  Specifically, the draft will not say FERC does not have jurisdiction over the transportation component of a bundled retail sale -- the draft will not get into the bundled/unbundled issue at all.  The draft will bring munis, co-ops and PMAs under the FERC umbrella for transmission jurisdiction purposes.

g.   Siting

On siting, Andy is thinking of some type of mechanism that would give a State one year before federal eminent domain attaches.

h.   Reliability

On a negative note, Andy intends to use the latest NERC reliability language because NERC's version has strong support among the Members of the subcommittee and no other alternative has emerged with political support (i.e., not PJM).  I explained our concerns.  He said our best bet is for DoE or FERC to come forward to seek something other than the NERC version.  He said Members eyes glaze over on reliability with everything else on the plate.

i.   Negawatts

I raised the absence of negawatts on his issue list.  He said he is open to considering it again, but that there was left over political baggage and unresolved issues from when this was attempted during consideration of the "California bill" earlier this summer.

Your questions and comments on the any of the above are most welcome.


fitting story
---------------------- Forwarded by Eric Bass/HOU/ECT on 06/27/2000 12:39 PM
---------------------------

Brian Hoskins
06/27/2000 08:46 AM
To: Barry Steinhart/Corp/Enron@Enron, Roberto
Martinez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Hector Campos/HOU/ECT@ECT, Eric
Bass/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Luis
Mena/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Fwd: Her Story vs. His Story

> > > > > > << > HER STORY:
> > > > > > >
> > > > > > > He was in an odd mood when I got to the
>bar to meet him, I thought it might have been because I was a bit late.
>He didn't say anything much about it. He seemed silent, distracted and
>his only eye contact seemed judgmental.  I decided maybe I should never
>wear that dress again.  Well, maybe it was the color.  Maybe I should
>never wear this color again either.
> > > > > > > The conversation was so slow going so I thought maybe we
>should go off somewhere more intimate so we could talk more privately.
>He didn't really seem to agree, but we went off to this quiet, little
>restaurant and he's STILL acting a bit funny and I'm trying to cheer him
>up, be witty and tell cute stories, but I start to wonder whether it's
>me or something else.
> > > > > > > He doesn't smile much, so I ask him, but he says no. But you
>know I'm not really sure. I wonder and then I think about the 5 pounds
>I gained this past month. I bet he thinks I'm a fat hog now. Anyway, in
>the cab back to his house, I say that I love him and he just puts his
>arm around me, but doesn't squeeze. I don't know what the hell this all
>means or what I should think because you know he doesn't say it back or
>do anything.
>We finally get back to his place and I'm wondering if he's going to dump
>me. So I try to ask him about it but he just switches on the TV.
>Reluctantly, I say I'm going to go to sleep. Then, after about 10
>minutes or so, he joins me and we have sex. But, he still seems really,
>really distracted, so afterwards I just wanted to leave. I roll over and
>sniffle a little real quietly. He snores. I dunno, I just don't know,
>what he thinks anymore. I mean, do you think he's met someone else?
>
>
> > > > > > > HIS STORY:
>
>Shitty day at work. Tired. Got laid though.


CPU # is 990218
PL


Sheila:  I just received the package from Simmons.  Will you please send your
request to the usual suspects?  Thanks.

Sam:  Will you please track this agreement on Lotus Notes?  Thanks.


----- Forwarded by Tana Jones/HOU/ECT on 05/07/2001 03:18 PM -----

	exchangeinfo@nymex.com
	05/07/2001 04:02 PM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (01-154) Implementation of New NYMEX Rule 9.11A (Give-Up Trades)

Notice # 01-154
May 7, 2001

TO:
All NYMEX Division Members and Member Firms

FROM:
Neal L. Wolkoff, Executive Vice President

RE:
Implementation of New NYMEX Rule 9.11A (&Give-Up Trades8)

DATE:
May 7, 2001
===========================================================
Please be advised that beginning on the trade date of Friday, June 1, 2001,
new NYMEX Rule 9.11A (&Give-Up Trades8) will go into effect.

! In the absence of an applicable give-up agreement, new Rule 9.11A will
define the respective responsibilities/obligations to an order of executing
brokers, customers and Clearing Members.

! The term &executing broker8 as used in Rule 9.11A refers to the registered
billing entity, Member Firm or Floor Broker to whom the order is transmitted.

! Rule 9.11 will provide that, in the absence of an applicable give-up
agreement, a Clearing Member may reject a trade only if: (1) the trade
exceeds trading limits established by the Clearing Member for that customer
that have been communicated to the executing broker as provided by the rule
or (2) the trade is an error for which the executing broker is responsible.

! The new rule also places affirmative obligations on executing brokers to
confirm Clearing Member authorization for an account.  For example, prior to
an executing broker accepting and executing an initial order for any new
customer account, such executing broker must confirm with the Clearing Member
by telephonic, electronic or written means, that:
(a) the customer has a valid account with the Clearing Member;
(b) the account number;
(c) the brokerage rate;
(d) the customer is authorized by the Clearing Member to place orders with
the executing broker for that account; and
(e) a listing or summary of persons authorized to place orders for that
account.
Moreover, the executing broker must retain a copy of the authorization or the
specifics of the telephonic confirmation, which includes: opposite party,
date, time, and any other relevant information.  The Compliance Department
will conduct periodic audits of such records, and falsification of such
information shall be the basis for disciplinary action.

If you have any questions concerning this new rule, please contact Bernard
Purta, Senior Vice President, Regulatory Affairs and Operations, at (212)
299- 2380; Thomas LaSala, Vice President, NYMEX Compliance Department, at
(212) 299-2897; or Arthur McCoy, Vice President, Financial Surveillance
Section, NYMEX Compliance Department, at (212) 299-2928,

NEW RULE 9.11A (&Give-Up Trades8)

(Entire rule is new.)

Rule 9.11A Give-Up Trades

In the absence of a give-up agreement whose terms and conditions govern the
responsibilities/obligations of executing brokers, customers and Clearing
Members, the following rules shall define the respective
responsibilities/obligations of those parties to an order.  The &executing
broker8, as used in this rule, is the registered billing entity, Member Firm
or Floor Broker to whom the order is transmitted.

(A)   Responsibilities/Obligations of Clearing Members

(1). Limits Placed by Clearing Member.   A Clearing Member may, in its
discretion, place trading limits on the trades it will accept for give-up for
a customer,s account from an executing broker, provided however, that the
executing broker receives prior written or electronic notice from the
Clearing Member of the trading limits on that account.  Notice must be
received by the executing broker in a timely manner.  A copy of such notice
shall be retained by the Clearing Member.

(2). Trade Rejection.  A Clearing Member may reject (&DK8) a trade only if:
(1) the trade exceeds the trading limits established under Section I(A) of
this rule for that customer and it has been communicated to the executing
broker as described in Subsection (A); or (2) the trade is an error for which
the executing broker is responsible.  If a Clearing Member has a basis for
rejecting a trade, and chooses to do so in accordance with the provisions of
Rule 2.21(B), it must notify the executing broker promptly.

(3). Billing.  A Clearing Member will pay all floor brokerage fees incurred
for all transactions executed by the executing broker for the customer and
subsequently accepted by the Clearing Member by means of the ATOM system.
Floor brokerage fees will be agreed upon in advance among the Clearing
Member, customer and the executing broker.

(B) Responsibilities/Obligations of Executing Brokers

(1) Customer Order Placement.  An executing broker will be responsible for
determining that all orders are placed or authorized by the customer.  Once
an order has been accepted, a broker or the broker,s clerk must:

(a) confirm the terms of the order with the customer;
(b) accurately execute the order according to its terms;
(c) confirm the execution of the order to the customer as soon as
practicable; and
(d) transmit such executed order to the Clearing Member as soon as
practicable in accordance with Exchange Rules and procedures.

2. Use of Other Persons.  Unless otherwise agreed in writing, the executing
broker is allowed to use the services of another broker in connection with
the broker,s obligations under these rules.  The executing broker remains
responsible to the customer and Clearing Member under these rules.

3.  Executing Broker Responsibility for Verifying Clearing Member
Authorization.  Prior to a broker accepting and executing an initial order
for any new customer account, the executing broker must confirm with the
Clearing Member by telephonic, electronic or written means, that:
(f) the customer has a valid account with the Clearing Member;
(g) the account number;
(h) the brokerage rate;
(i) the customer is authorized by the Clearing Member to place orders with
the executing broker for that account; and
(j) a listing or summary of persons authorized to place orders for that
account.
The executing broker must retain a copy of the authorization or the specifics
of the telephonic confirmation, which includes: opposite party, date, time,
and any other relevant information.  The falsification of such information
shall be the basis for disciplinary action.

4. Rejection of Customer Order.  Where an executing broker has confirmed
Clearing Member authorization to execute orders on behalf of a customer in
accordance with this Rule 9.11A, the broker may, in the broker,s discretion,
reject an order that the customer transmits to the broker for execution.  The
broker shall promptly notify the customer and the Clearing Member(s) of any
such rejection.

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

"
http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdoc
=(01-154)"

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


The Wheel Rate and INC/DEC rate needs to be updated.
Take a look at the comments on the columns.
Let me know if you have any questions.

You may want to double check with Volume Management that these estimated percentages
for Spin and NonSpin are still accurate.


John,

Sorry to see you go. Let's stay in touch.

Vince

	Enron Technology

	From:  John P Tollefsen                           08/24/2000 05:18 PM

To: Michelle Cash/HOU/ECT@ECT, Gene Humphrey/HOU/ECT@ECT, Mark
Lay/HOU/ECT@ECT, Gary Buck/HOU/ECT@ECT, Philip Conn/Corp/Enron@ENRON, Gary
Hickerson/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Chris
Gaskill/Corp/Enron@Enron, Scott Tholan/Corp/Enron@Enron, Geoff
Storey/HOU/ECT@ECT, Mark Broadfoot/HOU/ECT@ECT, Henry
Terech/EPSC/HOU/ECT@ECT, Robert D Wilson/EPSC/HOU/ECT@ECT, Andrea
Yowman/Corp/Enron@ENRON, Marcia Broom/EPSC/HOU/ECT@ECT, Kim
Kegley/EPSC/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Arshak
Sarkissian/HOU/ECT@Enron Communications, Steve Lovett/Enron
Communications@Enron Communications, Everett Plante/Enron
Communications@Enron Communications, George Wasaff/NA/Enron@Enron, Gary
McCumber/HOU/ECT@ECT, Randy Rice/NA/Enron@ENRON, Kevin Hannon/Enron
Communications@Enron Communications, Carol Ann Brown/Enron
Communications@Enron Communications, Greg Whalley/HOU/ECT@ECT, Louise
Kitchen/HOU/ECT@ECT, John Pavetto/Corp/Enron@Enron, Mike
McConnell/HOU/ECT@ECT, Debbie Busch/HOU/ECT@ECT, Anna M Docwra/HOU/ECT@ECT,
cliverm@enron.com, Peggy McCurley/HOU/ECT@ECT, smoen@enron.com,
kathryn.schultea@enron.com, Michael Schultz/AA/Corp/Enron@ENRON,
ron_slimp@enron.net, Lloyd Will/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, Kevin
M Presto/HOU/ECT@ECT, Mary Solmonson/HOU/ECT@ECT, John Pyle/Corp/Enron@ENRON,
Enron IT Managers & Directors, Vince J Kaminski/HOU/ECT@ECT, Joel
Henenberg/NA/Enron@Enron, John Godbold/HOU/ECT@ECT, Michael
Moulton/HOU/ECT@ECT, Anthony Dayao/AP/Enron@Enron, David Oxley/HOU/ECT@ECT,
Fred L Kelly/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael
Slayton/HOU/EES@EES, IT Infrastructure & Integration, IT Infrastructure &
Integration - Direct Reports-zzzz
cc:
Subject: Leaving Enron

The time I have spent at Enron has been the most fulfilling of my
professional career.  I have enjoyed great success with Enron; made many
friends and feel I have helped contribute to the company being recognized as
a leader of innovation.  Having said that, it was with enormous sadness that
I must tell you I have tenured my resignation to Beth Perlman earlier today.
I want to thank each of you for all that you have done for me and with me in
my employment here at Enron.  It's been a pleasure working with you and an
honor representing this company.
If you would like to reach me please feel free to call or e-mail:

E-Mail: jtollefsen@cynetinc.com
  jtollefsen@tollefsen.cc

Home:  281-997-0909
Work:  281-897-8317
Cell:  713-553-0843

Best Regards, John


-----Original Message-----
From: jfogg@reliantenergy.com [mailto:jfogg@reliantenergy.com]
Sent: Monday, November 12, 2001 8:08 AM
Subject: REGT Capacity Report Monday Nov 12

For gas flow for Tuesday November 13,  REGT has the following IT capacity:

CGT                                0          Capacity cuts to 250 Mdth/d
for Tuesday, estimated return 11/15 now
Other Hub Delivery Points including TGT     10
Tetco Bald Knob                        20          TETCO pressures have
been up and down, limiting IT
Texas Gas Helena                     100
MRT Glendale                          20
Other Line AC points                        20
Williams Jane                         20
Carthage Delivery                     10
SBS injection space                     0          warm weather and high
line pack
SBS withdrawal space                        50
Backhaul to west                      40

Intraday capcity of 20,000 is available at TETCO Bald Knob for Monday.

The factory is taking longer than hoped for on fixing the suction bottles
and the latest estimate of the return of the Delhi compressor is next
Friday.  Volumes are being held at 250,000 dth at CGT at this time.  Also,
REGT has the #1 unit at Malvern down for repair.  Storage injection space
remains tight due to warmer weather and high line pack left after the tests
this past weekend.

Amber Station is flowing 343 Mdth east and Line 2 South is at 110 Mdth for
today.  Be aware that REGT is not offering any general interruptible
transportation discounts from West of Amber to east delivery points.  All
IT will be priced at max rate, unless of operational benefit to REGT.  REGT
is still full along Line AD and is approaching full levels at its Oklahoma
storage facilities.

Power plants burned around the 90 Mdth/d level over the weekend.  Arkla is
not forecasted for any major increases in burns.

Gas Prices     East  $2.445
          West  $2.380

 REGT Fuel - currently 1.31% plus $0.0014/dth EPC - based on above
= $0.0334/dth

I am in the office today.  You can call me at 713-207-5183 or AOL IM me at
JAFOGG for any rate quotes or questions.

Thanks

JAF


---------------------- Forwarded by Steven J Kean/NA/Enron on 04/10/2001
07:35 AM ---------------------------
From: Jeff Dasovich on 04/09/2001 07:00 PM
Sent by: Jeff Dasovich
To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Craig H Sutter/HOU/EES@EES, Dan
Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES, Dennis Benevides/HOU/EES@EES,
Don Black/HOU/EES@EES, Dorothy Youngblood/HOU/ECT@ECT, Douglas
Huth/HOU/EES@EES, Edward Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES,
Erika Dupre/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES,
Gayle W Muench/HOU/EES@EES, Ginger Dernehl/NA/Enron@ENRON, Gordon
Savage/HOU/EES@EES, Harold G Buchanan/HOU/EES@EES, Harry
Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES, James D
Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James Wright/Western
Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES, Jeremy
Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON,
Karen Denne/Corp/Enron@ENRON, Kathy Bass/HOU/EES@EES, Kathy
Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin Hughes/HOU/EES@EES,
Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES, Mark S
Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, mpalmer@enron.com, Neil
Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Paula
Warren/HOU/EES@EES, Richard L Zdunkewicz/HOU/EES@EES, Richard
Leibert/HOU/EES@EES, Richard Shapiro/NA/Enron@ENRON, Rita
Hennessy/NA/Enron@ENRON, Roger Yang/SFO/EES@EES, Rosalinda
Tijerina/HOU/EES@EES, Sandra McCubbin/NA/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Scott Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES,
Sharon Dick/HOU/EES@EES, skean@enron.com, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, Kathryn Corbally/Corp/Enron@ENRON, Jubran
Whalan/HOU/EES@EES, triley@enron.com, Richard B Sanders/HOU/ECT@ECT, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Wolfe/HOU/ECT@ECT, James
Wright/Western Region/The Bentley Company@Exchange, Dirk vanUlden/Western
Region/The Bentley Company@Exchange, Steve Walker/SFO/EES@EES, Jennifer
Rudolph/HOU/EES@EES, Martin Wenzel/SFO/HOU/EES@EES, Douglas
Condon/SFO/EES@EES, wgang@enron.com, Scott Govenar <sgovenar@govadv.com>,
Hedy Govenar <hgovenar@govadv.com> @ ENRON, jklauber@llgm.com, Mike D
Smith/HOU/EES@EES, John Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Janel
Guerrero/Corp/Enron@Enron, Eric Letke/DUB/EES@EES, Richard B
Sanders/HOU/ECT@ECT, gfergus@brobeck.com, Michael Tribolet/ENRON@enronXgate,
Robert Frank/NA/Enron@Enron, Richard B Sanders/HOU/ECT@ECT,
gfergus@brobeck.com, Susan J Mara/NA/Enron@ENRON, Mercy Gil/Enron@EnronXGate,
Jennifer Thome/NA/Enron@Enron, David Leboe/HOU/ECT@ECT
cc:

Subject: Summary of the MOU

The following is an outline of the basic terms of the Southern California
Edison Memorandum of Understanding:

? Commitment to Provide Power ) SCE will keep its current generation plants
and other generation assets and commit them to provide power on a regulated
cost-of-service basis for 10 years.
? Dedication of Power ) Edison International will commit the entire output of
Sunrise (one of Edison International,s non-regulated generating facilities)
to the State on a fixed price basis for 10 years. Phase I of Sunrise is to be
brought online by August 15, 2001. If not brought online by August 15, 2001,
Edison International shall be assessed a $2 million penalty.
? Transmission Sale ) SCE will sell to the State its transmission assets for
approximately $2.76 billion (2.3 times the net book value of the assets),
subject to certain adjustments. Of the $2.76 billion, the $1.5 billion gain
on sale, will be used to reduce SCE,s net undercollected amount as of January
31, 2001. In connection with the purchase, the State will also assume certain
liabilities associated with the transmission assets.
? Backup Transaction ) If the transmission sale does not occur within two
years for reasons beyond the parties, control, then if the State elects, SCE
shall sell to the State SCE,s hydro generation assets. If the hydro assets
are not worth $1.5 billion, then SCE will also sell the state after December
31, 2010 enough below-market-price-power to make up the shortfall.
? Conservation Property ) SCE shall grant perpetual conservation easements to
the State covering approximately 260,000 acres of its Big Creek hydroelectric
related lands and 825 acres of its Eastern Sierra hydroelectric related
lands.  Some of the land may be deeded in fee.
? Contribution by Edison International ) Edison International will refund to
SCE not less than $400 million.  This money will consist of a refund of
approximately $293 million in estimated 2000 quarterly tax payments plus
approximately $197 million in federal loss carryback tax savings.
? Investment ) Edison International and SCE will invest not less than $3
billion over the next 5 years in capital improvements for SCE.
? Litigation ) SCE shall dismiss certain claims, including its takings and
filed rate doctrine cases.
? CPUC Regulation ) CPUC shall continue to regulate SCE using historical
principles of ratemaking.
? Payment for Portion of QF Drop-off ) SCE shall pay an amount that
represents that portion of the net short from January 18, 2001 to April 1,
2001 that is attributable to QF,s not selling to SCE (due to SCE,s failure to
pay the QF,s).  SCE will securitize this amount.
? Securitization ) SCE shall securitize its full net undercollected amount
(approx. $3.5 billion).  The securitization shall occur in two tranches (i.e.
two different nonbypassable dedicated rate components).

? The first tranche will occur after the passage of legislation and the
signing of the definitive agreements and will cover the net undercollected
amount, less the gain on sale, plus interest on certain obligations in the
net undercollected amount.
? The second tranche would be triggered if the transmission sale does not
occur within two years.  Accordingly, the second tranche would not show up in
rates for two years, if at all.

? Buying the Net Short ) The State will be required to buy the net short
through December 31, 2002.  After 2002 SCE will be responsible for covering
the net short.
? Investment Recovery ) SCE shall have an authorized rate of return that will
not drop below its current rte (11.6%) during the 10 year cost of service
ratemaking period.
? Next Steps (Definitive Agreements and CPUC Action):

? Definitive Agreements ) Once the MOU is signed, the next stage is to
negotiate definitive agreements which contain the specific terms of the
transmission sale, as well as the specific terms of the various other related
agreements (e.g., the O&M Agreement, Transmission Services Agreement and the
Facilities Services Agreement).
? CPUC Action ) Prior to entering into the definitive agreements, the CPUC
must undertake certain actions (which include: establishing mechanisms for
preapproval of procurement costs and URG costs, deferring SCE,s general rate
case until 2003, granting SCE some relief from direct access credits and
clarifying the first priority condition in the holding company act).


<<scanned_.pdf>>

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recipient, please contact the sender by reply email and destroy all copies of
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 - scanned_.pdf


Based upon where we stand today in the final implementation of EOL Argentina
we have agreed upon a formal launch date of October 4th. Please be aware that
from here in all deadlines and assigned responsibilities must be met. If
there are any developing issues or potential conflict with the launch date I
wish to be made aware directly.

On the afternoon of October 4th we will host a formal energy industry kick
off event in Buenos Aires to establish our initial market momentum.

Thank you for everyone's assistance and co-operation.

MFG


-----Original Message-----
From: Jarrett, Anthony
Sent: Thursday, January 17, 2002 11:05 AM
To: Slone, Jeanie
Cc: Storey, Geoff
Subject: RE: health insurance questions

Geoff, if we are given a 2/1 effective date with UBS your benefits with Enron will be active through 1/31/02.
UBS like Enron does use Hewitt as their 401K Vendor, however they do not have the self-directed account feature set up.
In regards to a provider list for doctors, UBS uses Cigna as their network provider.  You can go out to the web at Cigna's home page and pull up a list of providers by entering in you home address/zip code at the following link.

http://www.cigna.com/general/misc/docdir.html

attached below is a copy of their benefits at a glance document if you have not already seen it.

Thanks, Tony

-----Original Message-----
From: Slone, Jeanie
Sent: Thursday, January 17, 2002 10:30 AM
To: Jarrett, Anthony
Subject: FW: health insurance questions

Tony,
Geoff is an employee slated to go to NETCO.  Can you answer the questions from his wife below.  They have a particular need for medical coverage so any info you could supply would be helpful.

I believe we will be covered on Enron Benefits through the end of Jan and will be on UBS as of Feb 1.  The enrollment period would begin sometime after the hire date so maybe last week Jan./first week Feb.

The 401k will be self-direct won't it?

Don't know about the list of doctors?

-----Original Message-----
From: Storey, Geoff
Sent: Wednesday, January 16, 2002 12:29 PM
To: Slone, Jeanie
Subject: FW: health insurance questions

-----Original Message-----
From: vicki storey [mailto:vickistorey@yahoo.com]
Sent: Wednesday, January 16, 2002 10:29 AM
To: gstorey@enron.com
Subject: health insurance questions

1.  when do you elect benefits
2.  when do you switch from enron health insurance to
ubs health insurance.
3.  can we get a list of in network doctors (usually
they have one on line)
4.  is there a self directed 401k option.

__________________________________________________
Do You Yahoo!?
Send FREE video emails in Yahoo! Mail!
http://promo.yahoo.com/videomail/


-----Original Message-----
From: Richoux, Fred
Sent: Tuesday, November 13, 2001 12:33 PM
To: Connor, Larry; Heard, Anne
Subject: FW: Bin Jokin

-----Original Message-----
From: Moredock, Sandy
Sent: Tuesday, November 13, 2001 9:00 AM
To: Beane, Jan; Broome, Jim; Emmerich, Fred; Presley, Gene; Richoux,
Fred; Savoie, Dick; Wagner, Bob; Warner, John
Subject: FW: Bin Jokin

 - BINTERROR.jpg
 - aftermat.jpg


Jeff:
Congratulations on this well deserved appointment.  Your leadership has been
a major factor in making Enron the leading company that is it and I am
looking forward to seeing Enron move to even greater heights under that
leadership in the future.                       Congratulations again,
             Dick Amabile
---------------------- Forwarded by Richard Amabile/HR/Corp/Enron on
12/13/2000 10:10 AM ---------------------------

Ken Lay
12/13/2000 06:02 AM

Sent by: Enron Announcements
To: All Enron Worldwide
cc:

Subject: Succession Plan

It is my great pleasure to announce that the Board has accepted my
recommendation to appoint Jeff Skilling as chief executive officer, effective
at the time of their next board meeting on February 12, 2001.  Jeff will also
retain his duties as president and chief operating officer.  I will continue
as chairman of the Board and will remain at Enron, working with Jeff on the
strategic direction of the company and our day-to-day global operations.

Jeff will assume the role at a time when the company is hitting on all
cylinders and is positioned for phenomenal growth.  He is clearly ready for
the job, and after 15 years as CEO of this great company, I,m ready for a
somewhat different role.

Our succession plan has been clear for some time.  This has afforded Jeff and
me the freedom to combine our strengths toward building a company that
continues to exceed everyone,s expectations, including our own.  We look
forward to furthering that relationship as Jeff expands his role.

There are no plans for any other changes in our management team nor broad
shifts in strategy and direction.

Please join me in congratulating Jeff.  I look forward to a great 2001.


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 02/09/2000
01:57 PM ---------------------------

Daren J Farmer
11/15/99 05:16 PM
To: Mary M Smith/HOU/ECT@ECT
cc: Eric Bass/HOU/ECT@ECT, Rita Wynne/HOU/ECT@ECT, Heidi Withers/HOU/ECT@ECT,
Michael Eiben/HOU/ECT@ECT, Clem Cernosek/HOU/ECT@ECT, Brenda F
Herod/HOU/ECT@ECT, Tommy J Yanowski/HOU/ECT@ECT, Dave Nommensen/HOU/ECT@ECT,
Romeo D'Souza/HOU/ECT@ECT
Subject: Re: Prod Serv pooling points

Mary,

We need one more meter set up.

A/S East Beaumont  - Zones 4,7

D

Mary M Smith
11/10/99 05:14 PM
To: Daren J Farmer/HOU/ECT@ECT
cc: Eric Bass/HOU/ECT@ECT, Rita Wynne/HOU/ECT@ECT, Heidi Withers/HOU/ECT@ECT,
Michael Eiben/HOU/ECT@ECT, Clem Cernosek/HOU/ECT@ECT, Brenda F
Herod/HOU/ECT@ECT, Tommy J Yanowski/HOU/ECT@ECT, Dave Nommensen/HOU/ECT@ECT,
Romeo D'Souza/HOU/ECT@ECT
Subject: Re: Prod Serv pooling points

Daren, listed below are the accounting meter nos. for the pooling points
reflected in your memo.  If additional information is required regarding this
matter, please let me know.  Thanks, Mary

Thompsonville - 987287
Agua Dulce - 987289
King Ranch - 987327
Corpus - 987328
Katy - 987335
Houston Ship Channel - 987010
Texoma - 987009
TX City Loop - 987030
Freeport - 987045
Valley - 987336

Daren J Farmer
11/09/99 09:28 AM
To: Mary M Smith/HOU/ECT@ECT
cc: Eric Bass/HOU/ECT@ECT, Heidi Withers/HOU/ECT@ECT, Brenda F
Herod/HOU/ECT@ECT
Subject: Prod Serv pooling points

Mary we need the pooling points set up for the following regions:

Thompsonville  -  Zones 1,14,18,22
Agua Dulce        -  Zones 3,5
King Ranch         -  Zones 2,21,19
Corpus                 -  Zone 11
Katy                       -  Zones 13,15,16
HSC                      -  Zones 10,17,23
Texoma               -  Zones 8,20
Tx City Loop       -  Zone 6
Freeport               -  Zone 9
Valley                 -  Zone 12

For regions with multiple zones, I have highlighted the zone where I believe
the points should be set up.  (When I mentioned that there would be seven
regions the other day, I did not realize that Tx City, Freeport, and Valley
zones were broken out.)  Let me know if you have any questions.

Daren


Diana,
Please provide me with Enterprise Manager so  can utilize SQL queries.

Thank You!


Thank you very,very much.
Love you,
John

Liz M Taylor
06/15/2000 10:19 AM
To: Ina Rangel/HOU/ECT@ECT
cc: John Arnold/HOU/ECT@ECT
Subject: Re: PLEASE,PLEASE,PLEASE

Ina,

Because Johnny is my favorite trader, he can use my world phone.  What time
is he leaving tomorrow?  How long will he be gone?  I'll get everything to
you late this afternoon.

Many Thanks,

Liz

Ina Rangel
06/15/2000 09:41 AM
To: Liz M Taylor/HOU/ECT@ECT
cc:
Subject: PLEASE,PLEASE,PLEASE

I NEED YOUR HELP IF AT ALL POSSIBLE.  JOHN ARNOLD IS TRAVELING TO EUROPE
TOMMORROW AND HAS ASKED ME TO GET HIM A WORLD PHONE.  I CALLED NEXTEL,
HOUSTON CELLULAR AND GTE. NOONE CAN HELP ME WITH THIS BY TOMMORROW.  IF I
REMEMBER YOU SAID YOU TURNED OFF THE PHONES YOU HAD.  DO YOU HAVE ANY
SUGGESTIONS? ANY ADVICE?

-INA


EnronOnline
Trade Counts + Volume for April 16, 2001

			EXTERNAL		INTERNAL		TOTAL
COUNTRY	COMMODITY	CATEGORY	COUNT	QTY	COUNT	QTY	COUNT	QTY	UNIT OF MEASURE
Canada	Natural Gas	Financial	          6 	      3,370,000 	          1 	         155,000 	                7 	      3,525,000 	MMBtu
Canada	Natural Gas	Financial Option	          1 	      2,180,250 	          2 	      4,360,500 	                3 	      6,540,750 	MMBtu
Canada	Natural Gas	Physical	      244 	      5,803,832 	        -   	                   -   	            244 	      5,803,832 	MMBtu
USA	Bandwidth	Physical	          2 	                  12 	        -   	                   -   	                2 	                  12 	DSO miles
USA	Crude	Financial	      127 	      5,675,000 	        60 	      2,550,000 	            187 	      8,225,000 	Barrel
USA	Crude	Financial Option	        17 	         825,000 	        -   	                   -   	              17 	         825,000 	Barrel per month
USA	Crude	Physical	          3 	         403,000 	        -   	                   -   	                3 	         403,000 	Barrel per day
USA	LPG	Financial	          2 	           60,000 	        -   	                   -   	                2 	           60,000 	Gallon
USA	LPG	Physical	          4 	           55,000 	        -   	                   -   	                4 	           55,000 	Gallon
USA	Natural Gas	Financial	      495 	  191,494,516 	      383 	  154,086,400 	            878 	  345,580,916 	MMBTU
USA	Natural Gas	Financial Option	          8 	      7,000,000 	        15 	    15,000,000 	              23 	    22,000,000 	MMBTU
USA	Natural Gas	Physical	   1,641 	    13,950,054 	        39 	         227,930 	         1,680 	    14,177,984 	MMBTU
USA	Oil Products	Financial	        20 	         829,881 	          3 	             1,072 	              23 	         830,953 	Barrel
USA	Paper	Physical	          2 	             1,000 	        -   	                   -   	                2 	             1,000 	Metric Tons (+/- 5%)
USA	Power	Financial	        37 	         619,443 	        43 	         460,071 	              80 	      1,079,514 	MWh
USA	Power	Physical	      593 	      5,564,195 	      143 	      2,787,950 	            736 	      8,352,144 	MWh
USA	Rate and Currency	Financial	        -   	                   -   	          3 	         129,032 	                3 	         129,032 	USD/1
		Totals	   3,202 	   	      692 	  	         3,894


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