[IMAGE]
 Save 10% Speak No Evil, Hear No Evil Monkey Bikes...  One of the Hottest Gifts for Holiday 2001... Just enter the coupon code MQJ36GX6 in the checkout process to receive your discount.  Offer expires November 16, 2001.  Want to win your Fantasy League?  Our Fantasy Football Guides are the SOURCE for strategy, player ratings, scouting reports, team reports, projections and more!  A must have for beginners and Fantasy veterans alike.  Special in season price $9.99. Going Fast - Click Here!   Save $.05 a gallon on the gas that keeps your car's engine clean. Click here  to apply online.   Brought to you by   Sponsorship Bar You are receiving these e-reports because you have signed up for CBS SportsLine.com Fantasy Football.  To customize, reschedule, or turn off these reports please  click here    NFL Reports, Player Updates  [IMAGE]Latest NFL Player News  Tyrone Wheatley , RB OAK - Xtreme Updated 11/16/01 Wheatley (knee) is out for Sunday's game with the Chargers. Charlie Garner will once again be Oakland's feature back. Zack Crockett may be used in goal-line situations.  Frank Wycheck , TE TEN - The Leather Cheerios Updated 11/16/01 According to published reports, Wycheck is expected to play half of Sunday's game against Cincinnati. That makes him a risky start from a Fantasy perspective.  Steve McNair , QB TEN - She Said Updated 11/16/01 McNair's status is still in question for Sunday's game against Cincinnati due to an injured right thumb. He threw the ball during individual drills Friday, and according to published reports, is likely to play despite not being 100 percent. We don't recommend McNair this week as a result.  Emmitt Smith , RB DAL - Pierres Flea Circus Updated 11/16/01 Smith will return to the lineup Sunday against Philadelphia after missing two games with a sprained right knee. Cowboys Head Coach Dave Campo said after Friday's practice that Smith would "be ready to play the majority of the game." His return bumps Troy Hambrick to fullback, but we wouldn't recommend you use either back against the stingy Eagles rush defense.  Frank Sanders , WR ARI - Free Agent Updated 11/16/01 Sanders (hamstring) was added to the NFL injury report on Friday and is now listed as questionable for Sunday's game against Detroit.  However, if you're completely desperate for a wideout in a larger league this week, Sanders' matchup against a vulnerable Detroit secondary is worth considering as long as he's able to play.   ! Chris Weinke , QB CAR - KMB Express Updated 11/16/01 According to published reports, Weinke will be the starting quarterback for Sunday's game against San Francisco. However, he's not worth starting on your Fantasy team.   Daunte Culpepper , QB MIN - Pumpdog Updated 11/16/01 Culpepper is one pace for a good Fantasy season despite the lack of consistency in Minnesota's offense this season. He's one of the better quarterbacks in the league from a Fantasy perspective, and should be in your starting lineup on a weekly basis.   Cris Carter , WR MIN - The Wounded Ducks Updated 11/16/01 Carter's numbers may be down somewhat this season, but he's still too good to ever consider benching. The veteran has a knack for finding the end zone, and should have a good game against rookie CB Will Allen and the Giants' secondary on Monday night.   Randy Moss , WR MIN - Cali Bound Updated 11/16/01 Moss is listed as probable for Monday's game against the N.Y. Giants due to an ankle injury. He's been underachieving this season, but it's almost impossible to bench him based on his potential to! p! ost solid Fantasy numbers.   Ricky Williams , RB NO - Pierres Flea Circus Updated 11/16/01 Williams is one of the better Fantasy backs in the league, and is a good player to use on a weekly basis. He'll face an Indianapolis defense that has been underachieving all season long, so Williams is a must-start.     Aaron Brooks , QB NO - Third World Countryman Updated 11/16/01 Brooks had a big game against San Francisco last weekend, throwing for 347 yards and two scores. He may be a bit inconsistent this season, but his potential to post huge numbers makes it tough to bench him, especially against a vulnerable Indianapolis defense.    Willie Jackson , WR NO - Third World Countryman Updated 11/16/01 Jackson put up a huge game against San Francisco last weekend, posting 11 catches and 167 yards receiving. He'll face a questionable Indianapolis squad that is vulnerable to the pass in Week 10, so starting Jackson this week is a solid option.   Stephen Davis , RB WAS - 2700 ! HU! EVOS Updated 11/16/01 Davis has stepped up his play after beginning the season slowly. He's averaged 112 yards rushing over his last four games, and is once again emerging as a reliable Fantasy player. Give him the start in Week 10 against a Denver defense that is vulnerable to high scoring games.   Tony Banks , QB WAS - Free Agent Updated 11/16/01 Banks has played well of late, throwing five touchdowns in his last three games. He's got a good matchup this weekend against a Denver team that can be beaten through the air, but he's only worth considering in very deep Fantasy leagues.   Michael Westbrook , WR WAS - Third World Countryman Updated 11/16/01 Westbrook has been inconsistent this season, but he has caught three touchdown passes in his last four games. He'll face a Denver secondary this weekend that is vulnerable at best, so starting him in deeper leagues is worth considering.   Rod Gardner , WR WAS - Baby Blues Updated 11/16/01 Gardner has been held in check in his last two games, catching only three passes for 38 yards. He does have a favorable matchup this weekend against Denver, however, so starting him is a good move. !   Az-Zahir Hakim , WR STL - Xtreme Updated 11/16/01 Hakim has been inconsistent in recent weeks, so starting him on your Fantasy team is a gamble unless the matchup is right. He'll go up against a tough New England secondary in Week Ten, so avoid using him outside of deeper leagues.   Torry Holt , WR STL - Pumpdog Updated 11/16/01 Holt continues to put up consistent yardage totals, but he's only scored only three touchdowns this season. He'll face a tough New England secondary this weekend, but he's still worth starting on your Fantasy team based on his potential to put up solid numbers.   Isaac Bruce , WR STL - Cali Bound Updated 11/16/01 Bruce hasn't put up the huge Fantasy totals this season, but he's still one of the better wideouts in the league. He'll face CB Ty Law and the formidable New England secondary, but he's still worth starting based on his potential for big numbers.   Marshall Faulk , RB STL - Baby Blues Updated 11/16/01 Faulk had a huge game against Carolina, proving that he is still the best Fantasy player in the league. He's a must-start every week, and should post solid numbers in Week 10 against New England.   Ernie Conwell , TE STL - Xtreme Updated 11/16/01 Conwell has had a few down weeks, so starting him on your Fantasy team is somewhat of a gamble. With the lack of depth at tight end around the league, however, starting Conwell is something many Fantasy owners will have no choice but to do.   Richard Huntley , RB CAR - Baby Blues ! Updated 11/16/01 Huntley will be the likely starter this weekend against San Francisco, but don't be surprised if he splits carries with Nick Goings. Avoid starting either back in Week 10 if at all possible.   Donald Hayes , WR CAR - Free Agent Updated 11/16/01 Hayes had only two catches for 11 yards last weekend against St. Louis. He's been unreliable for Fantasy owners this season, so starting him is a real gamble.    Wesley Walls , TE CAR - Cali Bound Updated 11/16/01 Walls has! b! een held in check over the last three weeks, but he's still one of the better tight ends in the league. He's had some success against San Francisco in the past, so starting him is advisable.   Muhsin Muhammad , WR CAR - KMB Express Updated 11/16/01 Muhammad finally had a somewhat productive game, catching six passes for 75 yards against St. Louis. He's had some success in the past against this week's opponent, San Francisco, so starting him is a decent move.   Brett Favre , QB GB - Cali Bound Updated 11/16/01 Favre has been one of the best Fantasy quarterbacks in the league this season. He'll face an Atlanta team on Sunday with a very vulnerable secondary, so be sure to start Favre this week.   Bubba Franks , TE GB - The Hillrods Updated 11/16/01 Franks may not put up huge yardage numbers, but his seven touchdowns in eight games makes him a valuable Fantasy player. Unless you have a better option on your roster, Franks is the type of tight end that should start on a weekly basis.    Bill Schroeder , WR GB - Baby Blues Updated 11/16/01 S! ch! roeder (ankle) is not listed on the NFL injury report, and is expected to start on Sunday against Atlanta. He's a solid play this week against Atlanta, whose secondary is vulnerable to strong passing teams like Green Bay.   Reuben Droughns , RB DET - Free Agent Updated 11/16/01 Droughns will likely split time with Lamont Warren in Detroit's backfield this weekend in James Stewart's absence. Neither back has much Fantasy value outside of deeper leagues, and starting them is a huge gamble.   Lamont Warren , RB DET - Free Agent Updated 11/16/01 Warren will likely start in place of the injured James Stewart on Sunday against Arizona. He's split carries with Reuben Droughns, and is only worth starting as a last resort in larger Fantasy leagues.   More Updates  Teams, Rosters  [IMAGE] [IMAGE]  [IMAGE] KMB Express Dutch Quigley    Player TM Pos Status Next Bye Manning, Peyton  IND QB Active @NO Week 4 Staley, Duce  PHI RB Active @DAL Week 5 Dillon, Corey  CIN RB Active TEN Week 8 Muhammad, Muhsin  CAR WR Active SF Week 14 Mason, Derrick  TEN WR Active @CIN Week 3 Hilliard, Ike  NYG WR Active @MIN Week 12 Sharpe, Shannon  BAL TE Active CLE Week 13 Nedney, Joe  TEN K Active @CIN Week 3 Raiders  OAK DT Active SD Week 6 Weinke, Chris  CAR QB Reserve SF Week 14 Redmond, J.R.  NE RB Reserve STL Week 16 Henry, Travis  BUF RB Reserve SEA Week 5 Graham, Jeff  SD WR Reserve @OAK Week 17 Stokes, J.J.  SF WR Reserve @CAR Week 6 Alexander, Stephen  WAS TE Reserve @DEN Week 9 Kasay, John  CAR K Reserve SF Week 14 Jets  NYJ DT Reserve @MIA Week 11  Total Active Players: 9 Total Reserve Players: 8  NFL Injuries for KMB Express Updated Player Team Pos Injury Expected Return 11/16/01 Alexander, Stephen  WAS TE Ankle Out for Sunday's game at Den. 11/14/01 Manning, Peyton  IND QB Jaw Expected to start on Sunday 11/16/01 Weinke, Chris  CAR QB Shoulder Expected to start in Sunday's game at G.B. [IMAGE]  Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc. Your site can be reached from http://fantasy.sportsline.com   FB10SP


When: Tuesday, May 29, 2001 1:00 PM-1:30 PM (GMT-06:00) Central Time (US & Canada).
Where: EB3269

*~*~*~*~*~*~*~*~*~*


Over the past ninety-three years Delta Sigma Phi at the University of Texas
has continued to evolve and change.  We all have experiences and memories
within the fraternity that will last a lifetime.  Today Delta Sigma Phi is at
a crucial point in establishing itself as an organizational leader on
campuses both nationwide and at the University of Texas.

The key to the success of Delta Sigma Phi is recruiting high quality men.
Steps have already been taken by the Alumni Control Board and the
undergraduate chapter to recruit a better man.  Recently, the ACB has raised
semester scholarships for the highest GPA for an active and pledge to $250.
Also with the mortgage on the house paid for, the ACB now also provides free
semester rent in the house for double occupancy to any member that made a 3.5
GPA or better the previous semester.   This next fall we will have a full
house with four inhouse brothers qualifying for free rent.

During our time as undergraduates we lived the Eta Experience.  Our
friendships and memories were fueled by the statement "You join Delta Sigma
Phi for life."  All of us can reflect, as I have in my chapter advisor report
in the soon to be released newsletter, about the importance that the
fraternity has had on our lives.  However, the extending network of
brotherhood should not end when we graduate from school.  In an effort to
recruit the highest quality men it is necessary to provide an established
alumni base that is willing to work with members not only while they are in
school but also once they become alumni themselves.

I along with many of you have in the past become disenchanted with the
undergraduates for one reason or another.  I certainly do not approve of the
undergraduate actions of old.  However, today a good quality group of men
exist.  Grades are at the highest they've been since I've become involved
almost 3 years ago.  Long gone are the days of active members enrolled at
ACC, St Eds, or not even enrolled at all.  Times are definitely changing.

Part of that change includes the current undergraduate chapter and the ACB
proactively contacting Eta alumni to grow this network.  With the summer upon
us, the undergraduate members are asking for alumni to help in the recruiting
process.  A few of us in Austin, Houston, and Dallas have volunteered to take
undergraduates and rushees to small events: lunch, dinner, sporting events,
etc.  I invite all alumni to help the undergraduate chapter this summer as
well as in the future.  Please contact me by e-mail (MeliaTim@aol.com) or by
phone (512 707-0813), and I will put you and the undergraduates in your area
in touch.

YITBOS
Tim Lesko


Yes, these functions are covered in the Netco list put together by Bob.   Under the tab labeled "Documentation" in the electronic list sent to me by Amy Fitzpatrick, there are certain employees whose job titles include the phrase "Global Management" - meaning global databases, including counterparty.  Bill Hare is on the Netco list, and is the most knowledgeable person in the company regarding the global counterparty database.  Contract administration for gas and power has been handled by Kim Theriot's group, and Kim has accounted for that activity in her listing of employees for Netco.  --Sally

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Thursday, January 03, 2002 2:46 PM
To:	Beck, Sally
Cc:	Davis, Angela
Subject:

The lawyers have come back and ask if you are including any of your global counterparty or contract admin.  Have we covered this function?

Louise Kitchen
Chief Operating Officer
Enron Americas
Tel:  713 853 3488
Fax: 713 646 2308


This has been revised...please see below.

 -----Original Message-----
From: 	Black, Tamara Jae
Sent:	Wednesday, November 14, 2001 2:52 PM
To:	/o=ENRON/ou=NA/cn=Recipients/cn=notesaddr/cn=a478079f-55e1f3b0-862566fa-612229; Abler, William; Aggarwal, Anubhav; Allen, Diana; Arora, Harry; Bailey, Debra; Ballato, Russell; Ballinger, Ted; Baughman Jr., Don; Baughman, Edward D.; Benchluch, Moises; Benjelloun, Hicham; Benson, Robert; Bentley, Corry; Black, Tamara Jae; Blaine, Jay; Bolt, Laurel; Broderick, Paul J.; Broussard, Richard; Burnett, Lisa; Campbell, Larry F.; Capasso, Joe; Carson, Mike; Chen, Alan; Chen, Hai; Choate, Jason; Cline, Kevin; Clynes, Terri; Collins, Dustin; Comeaux, Keith; Coulter, Kayne; Davis, Mark Dana; Day, Smith L.; Dean, Clint; Decook, Todd; Emesih, Gerald; Errigo, Joe; Forney, John M.; Freije, William; Garcia, Miguel L.; Gilbert, Gerald; Gilbert-smith, Doug; Giron, Gustavo; Greer, Andrew; Gualy, Jaime; Guerra, Claudia; Gulmeden, Utku; Gupta, Gautam; Ha, Amie; Hanse, Patrick; Imai, Rika; Ingram, David; Jenkins IV, Daniel; Kaniss, Jason; Kelly, Mike E.; King, Jeff; Kinser, John; Larkworthy, Carrie; Laurent, Dean; Laverell, Justin; Lenartowicz, Chris; Lorenz, Matt; Lotz, Gretchen; Lowell, Thomas; Mack, Iris; Mahajan, Ashish; Makkai, Peter; Marquez, Mauricio; Maskell, David; May, Tom; McElreath, Alexander; Miller, Jeffrey; Oh, Seung-Taek; Olinde Jr., Steve; Pace, Andy; Padron, Juan; Pan, Steve; Philip, Willis; Podurgiel, Laura; Poppa, John D.; Presto, Kevin M.; Rawal, Punit; Rodriquez, Andy; Rogers, Benjamin; Rust, Bill; Ryan, David; Saibi, Eric; Schiavone, Paul; Schneider, Bryce; Seely, Michael; Serio, Erik; Shoemake, Lisa; Stalford, Robert; Stepenovitch, Joe; Sturm, Fletcher J.; Suarez, John; Symms, Mark; Tamma, Ramanarao; Thomas, Paul D.; Trejo, Reese; Valdes, Maria; Vernon, Clayton; Wang, Steve; Williams, Ryan; Willis, Cory; Zipperer, Mike; Carroll, Lex; Dalton III, Oscar; Forster, David; Ratliff, Beau; Valderrama, Larry
Subject:	FW: Presentation

The presentation will be on Tuesday, November 20th from 3:30 - 5:30 pm on the  "Congestion in  the   transmission system for the Eastern
Interconnect"

The conference room will be determined on Monday the 19th.

Thanks

 -----Original Message-----
From: 	Benchluch, Moises
Sent:	Wednesday, November 14, 2001 2:51 PM
To:	Black, Tamara Jae
Subject:	Presentation

TJ:

Can you pls invite all traders, mid-market and originators.

There will be a presentation on Tuesday, November  21st from 3:30-5:30 pm on the  "Congestion in the transmission system for the Eastern Interconnect"

The conference room will be determined on Monday.

Thanks,

Stephen


E-mail from Nov. 8, 2000
I was thinking of you today and I remembered a long conversation we had at
the office one morning when we both arrived before everyone else.  You were
wearing this pastel sun dress and you looked incredible.  I am thinking of
you now too ...


<<scanned_.pdf>>

=======================================================
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use, disclosure or distribution is prohibited. If you are not the intended
recipient, please contact the sender by reply email and destroy all copies of
the original message.

To reply to our email administrator directly, send an email to
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 - scanned_.pdf


As I told Bob in an earlier email, I noticed this same provision. However,
it could be implemented in one of two ways.  Either finding that SCE is not
liable for negative CTC credits after that date, or holding that it is
liable and providing for cost recovery.  Either is consistent with the
language in the MOU.  We will need to explore this more, and possibly talk
to SCE.  Mike Day

-----Original Message-----
From: Williams, Robert C. [mailto:Robert.C.Williams@ENRON.com]
Sent: Tuesday, April 10, 2001 1:45 PM
To: mday@gmssr.com
Subject: FW: SCE PX credits

>  -----Original Message-----
> From:  Kingerski, Harry
> Sent: Tuesday, April 10, 2001 3:44 PM
> To: Williams, Robert C.; Smith, Mike; Sharp, Vicki;
> JKlauber@llgm.com
> Cc: Dasovich, Jeff; Steffes, James; Stoness, Scott
> Subject: SCE PX credits
>
> Interesting bit from SCE's MOU (p. 31) -
>
> "the CPUC Implementing Decisions shall include
>
> Orders resolving the responsibility of SCE to provide credits to
> direct access customers in respect of electricity deliveries after
> December 31, 2000 in respects which do not result in any material
> financial detriment to SCE; "
>
> Translation:  I suppose this means SCE is looking for an order
> absolving it of any responsibility for PX credits after 12/31/00, but
> implicitly, that seems to suggest they accept responsibility for PX
> credits before 12/31/00.  Do you agree?


DRICOM --- 10 YEAR INTEREST RATE SWAP FUTURES ADDED TO @CI/FINANCIALS

DOCUMENT:  DRICOM DATA DICTIONARY
PAGE:            TBA

THE FOLLOWING 10 YEAR INTEREST RATE SWAP FUTURES HAVE BEEN ADDED TO
@CI/FINANCIALS

SYNOPSIS

EXCHANGE:               CHICAGO BOARD OF TRADE
PREFIX:                      XA
DATABANK:               @CI/FINANCIALS
FREQUENCY:             DAILY
START DATE:             26 OCT 01
FIRST CONTRACT:      DEC 01
UNITS:                       100,000 US DOLLAR
CONTRACT:                POINTS ($1,000.00) AND THIRTY-SECONDS (1/32) OF
ONE POINT OF THE NOTIONAL
                                  PRINCIPAL OF A SWAP HAVING NOTIONAL
PAR VALUE OF $100,000. PAR IS ON THE
                                  BASIS OF 100 POINTS.
MAJOR MONTHS:       FIRST 3 CONSECUTIVE QUARTERLY MONTHS
LAST TRADE:             THE SECOND LONDON BUSINESS DAY PRECEDING THE
THIRD WEDNESDAY OF THE
                                  DELIVERY MONTH.
NEARBYS:                 3


This deal is definitely on peak, says Matt Motley. It's a spread trade with
Natsource, and both are logged in his book as on peak. Let me know if the
broker still disputes this.

Kate

Kerri Thompson@ENRON
11/20/2000 01:11 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re:

462066
matt m
broker has off peak


-----Original Message-----
From: 	Griffith, John
Sent:	Friday, December 14, 2001 10:06 AM
To:	McLaughlin Jr., Errol; Taylor, Joey
Subject:

Here are todays trades, thanks and have a great weekend.

John

This should take us out of everything except the $6 and above in the Jan'02.


Brenda,

We met this afternoon concerning path counts.  Howard will be validating the
path data we had gathered from Unify.  Please let us know when you will need
this data by.

Thanks,
Shari
3-3859


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 10/06/2000
04:22 PM ---------------------------

troy_a_benoit@reliantenergy.com on 10/06/2000 03:59:29 PM
To: "Ami Chokshi" <Ami_Chokshi@enron.com>
cc:

Subject: revised

(See attached file: HPL-Oct.xls)
 - HPL-Oct.xls


Robert -

I have been asked to forward to you Enron's comments to the System User
Agreement for the enymexK electronic exchange.  I have attached these
comments below, as well as comments to certain of the other on-line documents
that appeared to have legal consequences.  I was unable to review all
documents referenced on the site (e.g., Trading Procedures), so I must
reserve comment until access to these documents can be provided or electronic
versions are available.

In addition to the review of these documents, Enron also must review the
product descriptions for the products available for trading on the site.
Since my comments to the agreement were made (dated 4/16) it appears that the
site has been updated and information relating to the products is now
provided in the "Markets" section of the site, including product
specifications.  If this area of the site does not include complete product
descriptions, together with an indication of any particular terms and
conditions associated with these products, either (1) access to that area of
the site where this information is available will need to be provided to
Enron - specifically, Brent Hendry (brent.hendry@enron.com)  - or (2) copies
of pertinent descriptions and terms need to be provided in an alternative
format.

Finally, since our intention is to have a central administrative focus, any
necessary super user/master user type information should be provided to Enron
via Sheri Thomas (sheri.thomas@enron.com).

I look forward to speaking with your or a NYMEX representative regarding the
attached.

Thanks.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com


Lady and Gents,

Please review and comment.

Chris


Here are the CVs for PM Industrial Economics' experts.

Thanks.
Gary

CV.Williams.pdf;
CV.MacAvoy.PDF;
principals.PDF
 <<CV.Williams.pdf>>  <<CV.MacAvoy.PDF>>  <<principals.PDF>>

=======================================================
This email message is for the sole use of the intended recipient(s) and may
contain confidential and privileged information. Any unauthorized review,
use, disclosure or distribution is prohibited. If you are not the intended
recipient, please contact the sender by reply email and destroy all copies of
the original message.

To reply to our email administrator directly, send an email to
postmaster@brobeck.com
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http://www.brobeck.com

 - CV.Williams.pdf
 - CV.MacAvoy.PDF
 - principals.PDF


Sounds good...I failed to comment on your movie question.  No, I haven't seen any lately so that sounds good to me too.  I've been going crazy on the internet today looking for things/places to do/go.  Anyway, I was also remembering how wonderful getting that massage was last time I was there and wondered if you knew of a good spa close by your place that maybe we could both go to ( or I could go to while you're studying).  Just a thought.

	Enron Capital & Trade Resources Corp.  From:  Julie Gibson <julieg@qualcomm.com>                           04/09/2001 12:20 PM

To:	Susan.M.Scott@enron.com
cc:
Subject:	Re: Hello!

no, i don't really.....do you have ideas??  we have a couple options:  there is an easter service in some flower fields that are just beautiful and have an ocean view- if it's nice, it might be a unique place to go for a service.  otherwise, there's always my parent's church, but that's rather far so i've already set them up for us not joining them.  there is another church in my area which a bunch of friends go to, but to which i've never been.....i'll send out the email and find out where everyone is going this weekend.....let me know if you've heard of good brunch places!

At 12:10 PM 4/9/2001 -0500, you wrote:

So do you have any ideas/plans for brunch on Sunday...my guess is there are
a ton of places with special Easter Brunches.  I just thought maybe you had
a regular spot.  Let me know.


(See attached file: HPLN1227.xls)

 - HPLN1227.xls


---------------------- Forwarded by David W Delainey/HOU/ECT on 11/30/2000
03:54 PM ---------------------------

Joe Kishkill@ENRON
11/28/2000 01:25 PM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Re: Cuiaba Review

Dave,

Here is the list of folks involved in Cuiaba.

Laine Powell and his team - Project execution team for Cuiaba, located in
Cuiaba
Jose Anson - Develpment -  Engineering/Permitting
Joan Carlos Albuquerque - FURNAS/Eletrobra relationship
Valeria Lima - ANP relationship
Daine Duarte - Local in Cuiaba.  Sounds like formally part of Lammers' team,
but practically part of Laine's team
Jose Lucio dos Reis Neto - Agencies involved in electric system operation.
Recovery oil fuel oil costs (complicated story/very important task)
Jose Bestard - Project continuity.  Original PPA negotiations
John Novak - Lawyer...key to financing
Rob Gay - Financing lead...key to financing
Rick Lammers - Commercial project lead

I sent this on top of Pete Weidler's e-mail and summarized a good part of it
above.  Only Lammers and Gay were not mentioned in Pete's e-mail.

Another thought...pull people in from EE&CC as part of the "new team".  No
basis in fact here, but I suspect there are too many contractor/owner games
going on.  Probably need the EE&CC key people list as well.  Do you want me
to shake it loose, do you want to work it with Leff, or bad idea?

Let me know if you have any additional questions.

Thanks,

KIsh

---------------------- Forwarded by Joe Kishkill/SA/Enron on 11/28/2000 04:13
PM ---------------------------

Peter E Weidler
11/27/2000 08:17 PM
To: Joe Kishkill/SA/Enron@Enron
cc:

Subject: Re: Cuiaba Review

Joe - this is the list I asked Laine to put together. - I asked him not to
list all the folks under Laine - as I assume they stay with the project no
matter where it goes.

Jose Anson - he is the coordinator of permitting at IBAMA and ANP for the
pipeline.  He is also involved with working on the FUNAI issues a result of
his efforts on the IBAMA license.  Key person.

Joao Carlos A. - although he is working on the project on an ad hoc basis he
is key in terms of the FURNAS/Eletrobras relationship.  Not only does he know
folks but he also gets things done within the system.

Valeria Lema - She is the relationship manager with ANP.

Daiane Duarte - Daiane Duarte is on the PanEng payroll until the end of the
year after which she has been dialed out.  Have asked Rick several times
about her future with his group.  She is critical locally in Cuiaba due to
relations with FEMA and other agencies for obtaining the state permits that
are still outstanding as well as working with Anson et al.

Lucio Reis - he is very active in working with ANEEL/ONS/MAE and others.  He
has been a key to our success on the CCC account.  He is a must to making the
project successful.  Knows the contacts and basically understands the project
from the regulatory and CCC account point-of-view.

Two other people that are not involved in "our side" of fence on a daily
basis but are valuable are Jose Bestard and John Novak.  Jose knows the
history and John is the counsel with the longest tenure on the project.

Pete

Joe Kishkill
11/27/2000 06:16 AM
To: Peter E Weidler/NA/Enron@Enron
cc:

Subject: Re: Cuiaba Review

Pete,

But you (or does anyone) have a definitive team list for Cuiaba?  Need this
for transition planning purposes.  I agree with your sentiment that some
folks may be pulling double duty while we button up Cuiaba.   Just need to
know "how many" and "who".

Thanks,

Kish

Peter E Weidler
11/26/2000 09:07 PM
To: Laine A Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joe
Kishkill/SA/Enron@Enron, Richard A Lammers/SA/Enron@Enron, Brett R
Wiggs/SA/Enron@Enron, John Novak/SA/Enron@Enron, Rob G Gay/NA/Enron@Enron,
Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Cuiaba Review

we can do this by phone.

Pete
---------------------- Forwarded by Peter E Weidler/NA/Enron on 11/26/2000
06:06 PM ---------------------------

Peter E Weidler
11/26/2000 05:59 PM
To: Laine A Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joe
Kishkill/SA/Enron@Enron, Richard A Lammers/SA/Enron@Enron, Brett R
Wiggs/SA/Enron@Enron, John Novak/SA/Enron@Enron, Rob G Gay/NA/Enron@Enron,
Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Cuiaba Review

Rebecca has asked for a review of the Cuiaba project.   Her current thinking
is that it should be under one shop - not split responsibility.   Which shop
is not clear to me - I presume this will be decided pretty soon.

The review will take place the week of Dec 4th.   She wants a straight
forward  decription of what is left to be done and what the issues are.  I am
thinking the presenters are Laine, Rick, Jose.  In attendance are Rob and
John.     Can divide the presentation up into -

getting the construction finished/cost issues/EECC - subcontractor issues. -
Laine
Furnas/Electrobras issues - Rick
YPF - gas supply - Mark to market position - opportunities - Rick
MAE/ONS issues - current thinking.  - Jose
Current economics. - Rick

Everyone should have a page prepared ahead of time with the discussion topics
on it - she doesn't want a detailed presentation - just the facts.   Can we
send the page per topic around by this friday.

I will ask Rebecca for two hours the week of the 4th and let you know.

Joe - we should talk about where the project should best end up - I think
Rebecca is flexible -   don't really know what Dave is thinking.

Pete


i heard you have extra def leppard tickets?  i could use a couple if you have
extras.  let me know please.


Enron Troubles Only the Tip of the Iceberg?
TheStreet.com, 10/26/2001

Under the Radar: Enron's Flickering Bulb
TheStreet.com, 10/26/2001

DJ Enron Unit,New England Market Downplay Report Of Default
Dow Jones, 10/26/2001

Enron Lawsuit Over Microsoft Broadband Agreement May Block MSN
Bloomberg, 10/26/01

Enron Executives Sent Requests for Details of Affiliate Profits
Bloomberg, 10/26/01

Enron Still Target in California Amid Other Problems (Update1)
Bloomberg, 10/26/01

Enron Bonds Fall as Company Taps $3 Bln Credit Line (Update5)
Bloomberg, 10/26/01

Keller Rohrback L.L.P. Investigates Potential Claims on Behalf of Enron Corp. -- ENE -- Employees and Former Employees
Business Wire, 10/26/01

Enron Troubles Only the Tip of the Iceberg?
By Peter Eavis <mailto:peavis@thestreet.com>
Senior Columnist
TheStreet.com
10/26/2001 05:23 PM EDT
URL: <http://www.thestreet.com/markets/detox/10003083.html>

Dealings with a related party have tarnished Enron's (ENE:NYSE - news - commentary) reputation and crushed its stock, but it looks like that case is far from unique.
The battered energy trader has done business with at least 15 other related entities, according to documents supplied by lawyers for people suing Enron. Moreover, Enron's new CFO, who has been portrayed by bulls as opposing the related-party dealings of his predecessor, serves on 12 of these entities. And Enron board members are listed as having directorships and other roles at a Houston-based related entity called ES Power 3.
The extent of Enron's dealings with these companies, or the value of its holdings in them, couldn't be immediately determined. But the existence of these partnerships could feed investors' fears that Enron has billions of dollars of liabilities that don't show up on its balance sheet. If that's so, the company's financial strength and growth prospects could be much less than has generally been assumed on Wall Street, where the company was long treated with kid gloves.
Enron didn't immediately respond to questions seeking details about ES Power or about the role of the chief financial officer, Jeff McMahon, in the various entities. Enron's board members couldn't immediately be reached for comment.
Ten Long Days
Enron's previous CFO, Andrew Fastow, was replaced by McMahon Wednesday after investors criticized Fastow's role in a partnership called LJM, which had done complex hedging transactions with Enron. As details of this deal and two others emerged, Enron stock cratered.
The turmoil that resulted in Fastow's departure began two weeks ago, when Enron reported third-quarter earnings that met estimates. However, the company failed to disclose in its earnings press release a $1.2 billion charge to equity related to unwinding the LJM transactions. Since then, investors and analysts have been calling with increasing vehemence for the company to divulge full details of its business dealings with other related entities. Enron stock sank 6% Friday, meaning it has lost 56% of its value in just two weeks.
Enron's End Run?
New financial chief's involvement in Enron business partners
Enron-Related Entity	Creation DateMcMahon Involved?

ECT Strategic Value Corp.4/18/1985	Yes
JILP-LP Inc.	9/27/1995	Yes
ECT Investments Inc.	3/1/1996	Yes
Kenobe Inc.	11/8/1996	Yes
Enserco LLC	1/7/1997	Yes
Obi-1 Holdings LLC	1/7/1997	Yes
Oilfield Business Investments1/7/1997	Yes
HGK Enterprises LP Inc.	7/29/1997	Yes
ECT Eocene Enterprises III Inc.2/20/1998Yes
Jedi Capital II LLC	9/4/1998	Yes
E.C.T. Coal Company No. 12/31/1998	Yes
ES Power 3 LLC	1/7/1999	Yes
Enserco Inc.	3/25/1999	No
LJM Management LLC	7/2/1999	No
Blue Heron I LLC	9/17/1999	No
Whitewing Management LLC2/28/2000	No
Jedi Capital II LLC	4/16/2001	No
Source: Detox
However, Enron has yet to break out a full list of related entities. The company has said nothing publicly about McMahon's participation in related entities, nor has it mentioned that its board members were directors or senior officers in ES Power 3. (Nor has it explained the extensive use of Star Wars-related names by the related-party companies.) It's not immediately clear what ES Power 3 is or does. So far, subpoenas issued by lawyers suing Enron have determined the names of senior officers of ES Power 3 and its formation date, January 1999.
Among ES Power 3's senior executives are Enron CEO Ken Lay, listed as a director, and McMahon and Fastow, listed as executive vice presidents. A raft of external directors are named as ES Power 3 directors, including Comdisco CEO Norman Blake and Ronnie Chan, chairman of the Hong Kong-based Hang Lung Group. A Comdisco spokeswoman says Blake isn't commenting on matters concerning Enron and a call to the Hang Lung group wasn't immediately returned.
Demands, Demands
Rating agencies Moody's, Fitch and S&P recently put Enron's credit rating on review for a possible downgrade after an LJM deal that led to the $1.2 billion hit to equity. Enron still has a rating three notches above investment grade. But its bonds trade with a yield generally seen on subinvestment grade, or junk, bonds, suggesting the market believes downgrades are likely.
If Enron's rating drops below investment grade, it must find cash or issue stock to pay off at least $3.4 billion in off-balance sheet obligations. In addition, many of its swap agreements contain provisions that demand immediate cash settlement if its rating goes below investment grade.
Friday, the company drew down $3 billion from credit lines to pay off commercial paper obligations. Raising cash in the CP market could be tough when investors are jittery about Enron's condition.
This week, a number of energy market players reduced exposure to Enron. However, in a Friday press release, CEO Lay said that Enron was the "market-maker of choice in wholesale gas and power markets." He added: "It is evident that our customers view Enron as the major liquidity source of the global energy markets."
McMahon reportedly objected to Fastow's role in LJM, allegedly believing it posed Fastow with a conflict of interests. But he will need to convince investors that the 12 entities he's connected to don't do the same. Enron has said that its board fully approved of the LJM deals that Fastow was involved in. Now, board members will have to comment on their own roles in a related entity.

Under The Radar: Enron's Flickering Bulb
By Christopher Edmonds <mailto:cedmonds@thestreet.com>
Special to TheStreet.com
10/26/2001 05:08 PM EDT
URL: <http://www.thestreet.com/comment/chrisedmonds/10003075.html>

While the bulb at Enron (ENE:NYSE - news - commentary) may not have burnt out, it's clearly flickering. To date, investors aren't sure whether Chairman and CEO Ken Lay is up to the task of re-energizing the company he once built to greatness.
What's happened at the Houston energy giant-turned-dwarf could've been imagined with any number of ne'er-do-well companies during the well-chronicled bubble. But this is Enron. As one longtime Enron bull and shareholder said, "I never had to worry about Enron's ability to survive until this week. I still find it hard to believe."
Peter Eavis has done an exceptional job of chronicling Enron's adventures for some time. If you'd listened to him earlier this year, you'd have profited from his knowledge. His reporting on Enron's partnership shenanigans to the departure of Chief Financial Officer Andrew Fastow has been outstanding.
The rumors -- from a pending bankruptcy to a Justice Department investigation -- are, for now, just that. And, Enron did not single-handedly cause the California power crisis, nor is Royal Dutch/Shell (RD:NYSE - news - commentary) about to make a bid to buy the company. Sources do tell me that head-count reductions are likely through employee buyout offers and the company is set to refocus on its core energy business. And, while former CEO Jeff Skilling shares culpability for the current mess, his departure appears only indirectly related to Enron's current woes.
Now, Enron faces the daunting challenge of rebuilding both its business and, more importantly, its reputation.
The Company's Challenge
But what does Enron do now? It's very simple. Come clean, clean up the mess and refocus on its core business: wholesale energy markets, risk management and retail energy services. They support each other and create a platform that can be plenty profitable without a lot of gimmicks.
"Our gut feel is that Enron can pull it off, and long-term investors should hold firm, as eventually the stock gets valued on earnings, with upside potential to $25 per share over the next 12-18 months," says Jeff Dietert, power analyst at Simmons & Co. and a member of the TSC Energy Roundtable. "We believe new money with high risk tolerance should wait until Enron announces its intentions for communicating a clear path to recovery."
Dietert outlines four challenges for Enron. One, management must regain the Street's confidence and persuade investors that it can resolve balance-sheet strength and generate the expected earnings and cash flow. Two, Enron must maintain its investment-grade credit rating. Three, Enron must successfully execute its divestiture plans. Four, Enron must control the timing of the recognition of the write-down in the value of any assets where market value is less than book.
Straightforward? Yes. Easy to accomplish? No.
Although Enron says additional write-downs are unlikely -- except a $200 million charge early next year as the result of an accounting change -- analysts aren't so sure. They're focused on the company's Global Assets portfolio, sporting $6 billion in book value but generating an EBIT (earnings before interest and taxes) loss of $18 million over the past 12 months.
The divestitures include $390 million in exploration and production assets in India, $250 million in a Puerto Rico power plant and $250 million in a Brazilian power plant in the fourth quarter as well as the pending sale of Portland General, which is set to close in 2002. There will likely be others. However, Enron has to execute here, and given the current state of its affairs, the seller will feel the pressure.
The credit-rating issue is a fine line. The current ratings, BBB+ from Standard & Poor's and Baa1 from Moody's, are three levels above non-investment grade. However, both rating agencies now have Enron on their radar screens for possible downgrades. Dietert estimates that Enron's debt-to-market cap will be about 48% by year-end, and the company has interest coverage (EBITDA/ interest expense) of about 3.5 times. By comparison, the average S&P BBB-rated company has a debt-to-cap of 47.4% and interest coverage of about 6.1 times. The average BB company has debt-to-cap of 61.3% and interest expense of 3.8 times.
Frankly, everything falls on Enron's management team and its ability to reassure investors. "If Enron's management does not step up to calm investor fears, these fears could become a self-fulfilling prophecy," Dietert says. "In the potentially vicious cycle, investor fears could drive stocks down; the lower stock prices force the rating agencies to consider downgrades; potentially lower credit ratings force counter-parties to reduce exposure to Enron, limiting Enron's ability to generate earnings and cash flow."
It's time for Enron to grow up. Despite a lot of uncertainties and risk, I think it will. Investors with risk capital should do their homework on the stock and think about strategy. It's a tough call that requires strict, individual discipline.
There's an irony to this whole story, especially in Enron's lack of candor in reporting its financial results. In a much-lauded advertising campaign, Enron, looking to challenge conventional wisdom, asks the simple question, "Why? Ask why."
Investors are now asking. It's time for Ken Lay to answer.
First Things First
Many readers have asked about my relative quietness this week. Thank you for your concern. My father has fallen ill after fighting the effects of a brain tumor for more than a decade.
The choice was easy. I'm with him and my family.
Enjoy your weekend with family and friends.

DJ Enron Unit,New England Market Downplay Report Of Default
2001-10-26 17:14 (New York)

   By Kristen McNamara
   Of DOW JONES NEWSWIRES

  NEW YORK (Dow Jones)--Enron Corp.'s (ENE) retail sales unit defaulted on its
credit requirement in New England's wholesale power market this month, but the
event was neither unique nor newsworthy, the energy company and the
organization that developed the market's rules said Friday.

  The operator of the region's wholesale power market informed Enron Energy
Services last week that, for the third time in 12 months, it had traded a
greater volume of electricity than allowed by the bond it had posted and was at
risk for expulsion from New England's market.

  But it was administrative mixups, rather than financial problems, that
triggered the warning, which a few other companies have also received in the
past, the market's rulemaker said.

  "I can state with considerable confidence that there have been other
participants" that have defaulted on their credit agreements, "and it's never
been in the news," said David Doot, secretary and general counsel for the New
England Power Pool, which developed the policies governing the region's
electricity market. "My instinct is that this is blown way the hell out of
proportion."

  News of the Enron unit's default appeared in a trade publication and a major
metropolitan newspaper this week, as Enron's dealings with partnerships headed
by its former chief financial officer contributed to a plunge in the company's
stock and bond prices.

  Enron Energy Services never received word that it had defaulted on its
bonding requirement twice before, because both times it corrected the problem
within a day, spokeswoman Peggy Mahoney said.

  The letter sent by ISO New England, which operates the region's power market,
to notify the Enron unit of its third violation was addressed to the wrong
person, delaying the company's response, Mahoney said.

  "Clearly, it was an administrative error that we immediately took care of to
ensure that we would never exceed the volume limit," Mahoney said.

  The company resolved the problem by Oct. 19, Mahoney said. ISO New England
spokeswoman Ellen Foley confirmed Friday that the company had cured its
default.

  It's rare for a company to default three times, but it has happened on
occasion, Foley and Doot said.

  "I won't say it's commonplace, but I won't say it's unusual for a participant
to find itself out of compliance," Doot said. "Those things have in fact
happened from time to time."

  -By Kristen McNamara, Dow Jones Newswires; 201-938-2061;

Enron Lawsuit Over Microsoft Broadband Agreement May Block MSN
2001-10-26 16:47 (New York)

Enron Lawsuit Over Microsoft Broadband Agreement May Block MSN

     Houston, Oct. 26 (Bloomberg) -- Enron Corp.'s lawsuit
alleging Microsoft breached a contract for broadband services
could temporarily block the largest software company's high-speed
Internet service in some U.S. regions.

     Microsoft said the dispute temporarily blocks the company
from providing the high-speed service in areas where Enron
provides broadband access, leaving MSN fully operational only in
the 14 states where Qwest Communications International Inc.
operates, said Bob Visse, director of marketing for MSN.

     Enron's lawsuit was filed yesterday. Microsoft had planned to
offer fast Internet access in 45 cities beginning yesterday to
give the largest software company access to potential customers in
29 million homes. Microsoft, the No. 2 U.S. Internet provider, is
making a push to win customers from AOL Time Warner Inc.

     ``We are trying to resolve the issues with Enron as quickly
as possible and at the same time we are evaluating other
providers,'' Visse said.

     Officials at Houston-based Enron, the largest energy trader,
did not immediately return calls for comment.

                         The Agreement

     Enron in June signed an agreement with Microsoft to provide
bandwidth for MSN Internet service. Under the agreement, Enron
isn't required to deliver operational broadband services if
Microsoft hasn't first provided a billing and ordering system, Dow
Jones newswire reported.

     Enron claims in its lawsuit that Microsoft failed to deliver
the ordering and billing system required in the initial phase of
the deal, Dow reported.

     Enron's lawsuit comes after Microsoft said in an Oct. 23
letter that Enron will have breached the contract if it hasn't
provided an operational bandwidth system by Oct. 25, allowing
Microsoft to recover damages.

     Shares of Redmond, Washington-based Microsoft fell 36 cents
to $62.20, while Enron shares fell 95 cents to $15.40.

--Joyzelle Davis in Los Angeles (213) 617-0582, or

Enron Executives Sent Requests for Details of Affiliate Profits
2001-10-26 15:36 (New York)

Enron Executives Sent Requests for Details of Affiliate Profits

     Houston, Oct. 26 (Bloomberg) -- Lawyers for a shareholder
suing Enron Corp. are asking executives of the largest energy
trader to disclose any income they made from their involvement
with affiliated companies that bought and sold Enron assets.

     Lawyers have made the requests to President Greg Whalley,
Vice Chairman Mark Frevert and Chief Financial Officer Jeff
McMahon and 83 other employees arrived at Enron's Houston offices
this week, said Paul Paradis, a partner in the New York law firm
Abbey Gardy. Requests also were sent to 17 Enron partnerships such
as Whitewing Management and Marlin Water.

     Paradis represents Fred Greenberg, an Enron shareholder who
is suing the company's board for allowing former Chief Financial
Officer Andrew Fastow to run partnerships that cost the company at
least $35 million in cash and $1.2 billion in lost shareholder
equity.

     The requests are aimed at determining if Enron executives
benefited financially from roles as officers and directors of
partnerships that bought and sold company assets. Enron formed at
least 18 such affiliated companies, listing executives and
employees as officers and directors of the partnerships, according
to Texas secretary of state records.

     Under Texas law, failure to respond to the document requests
will result in subpoenas being issued. Subpoenas could go out next
week if responses don't arrive by then, Paradis said. Enron
spokeswoman Karen Denne didn't respond to requests for comment
about the document requests.

     The executives earned no income from the partnerships, Enron
spokesman Mark Palmer has said. ``There are no financial interests
in the structures themselves for any Enron employee,'' Palmer
said. He said it's common for a company to name its executives to
the boards of affiliates.

                       Affiliates Have Debts

     Texas records show Chief Executive Officer Kenneth Lay,
Frevert, Whalley, McMahon and dozens of other people who list
their address as Enron's corporate headquarters serving as
officers and directors of limited liability companies and foreign
business corporations.

     The document requests ask Enron executives for information on
any form of compensation or benefit received from any of the
affiliates, including stock grants and options. They also ask the
executives to disclose any equity or partnership interests in the
affiliates.

     Enron formed many of the affiliates to buy company assets
such as power plants and natural-gas pipelines. That allowed Enron
to move debt associated with those projects off its books.

     The affiliates bought the assets with borrowed money. They
plan to repay the debt by eventually selling the assets. Enron
might be liable for any shortfall between the sales proceeds and
the debt. That could amount to at least $3.3 billion if the assets
don't generate any money, a remote possibility, the company has
said.

                            Few Answers

     Investors and analysts pressed Enron Chief Executive Officer
Kenneth Lay for details on the finances of the partnerships in a
conference call Tuesday.

     Today, Enron spokeswoman Karen Denne didn't respond to
questions about one of them, ES Power 3 LLC.

     Texas records list 78 Enron executives and employees as
officers, directors and managers of ES Power 3 LLC. The entire
Enron board is also listed.

     Shares of Enron $1.15 to $15.20 in late trading.

--Russell Hubbard in the Princeton newsroom at 609-750-4651, or at

Enron Still Target in California Amid Other Problems (Update1)
2001-10-26 16:15 (New York)

Enron Still Target in California Amid Other Problems (Update1)

     (Updates with closing share price in last paragraph.)

     Sacramento, California, Oct. 26 (Bloomberg) -- Enron Corp.,
facing an inquiry by federal securities regulators into
partnerships run by the former chief financial officer, remains a
target of investigations and lawsuits in California.

     California lawmakers and regulators have accused power
providers of manipulating the state's energy market to raise
prices. Enron, the biggest energy trader, and other power sellers
have denied the charges repeatedly.

     Next month, a California Senate committee investigating the
power market plans to hold a hearing to determine if Enron and
other generators are complying with subpoenas for trading
documents. Enron has been filing documents in Sacramento,
California.

     ``They are still putting documents in their depository, and I
don't think they've completed that process,'' said Alexandra
Montgomery, a consultant to the committee. It ``remains to be
seen'' whether Enron is complying with its subpoena, she said.

     The suits and inquiries came after wholesale power prices in
California soared, leaving the state's two largest utilities
insolvent. Under California's plan to open its electricity market
to competition, the utilities of PG&E Corp. and Edison
International weren't allowed to pass rising costs to customers.

     ``I know that we're doing our best to comply with what the
committee is asking for,'' Enron spokesman Mark Palmer. ``We are
putting documents in the depository, and we're looking forward to
a speedy resolution.''

     Shares of Houston-based Enron have fallen by more than half
since Oct. 16. The company ousted Andrew Fastow as the chief
financial officer Wednesday amid a U.S. Securities and Exchange
Commission inquiry into a partnership he ran that cost Enron $35
million.

                            Grand Jury

     Enron also is one of the companies being investigated for
civil and criminal violations by California Attorney General Bill
Lockyer, who convened a grand jury in June.

     Lockyer has been criticized by Enron officials for telling
the Wall Street Journal in May that he would like to put Enron
Chairman Kenneth Lay in ``an 8 x 10 cell that he could share with
a tattooed dude who says `Hi my name is Spike, honey.' '' Lockyer
later apologized for the remark.

     The attorney general's investigation is proceeding, Lockyer
spokeswoman Sandra Michioku said. Michioku said she didn't know
when civil or criminal charges against Enron or other power
providers might be filed.

     ``Our investigation is still being pursued,'' she said. ``We
had to go to court to get Enron to turn over documents, so that
slowed things down a bit.''

     Enron's Palmer said he didn't know the status of the attorney
general's investigation.

     ``I think the attorney general demonstrated his willingness
to take a fair and impartial look a long time ago when he made his
vulgar and unfounded remarks about our chairman,'' Palmer said.

                           More Lawsuits

     Enron, along with other major power providers such as Duke
Energy Corp. and Dynegy Inc., face at least five lawsuits alleging
they manipulated California energy prices in violation of
antitrust laws.

     The cases, which include separate complaints filed by the
City of San Francisco, California Lieutenant Governor Cruz
Bustamante and various consumers, currently are in state courts
awaiting a coordination proceeding, said Michael Aguirre, a lawyer
representing Bustamante. The lawsuits should be assigned to a
judge by the end of next month, he said.

     If the complaints succeed, the companies might be ordered to
repay profits from any illegal activities and pay fines, including
triple damages.

     Enron's stock fell 95 cents, or 5.8 percent, to $15.40,
declining for the eighth day in a row. The shares have fallen 80
percent in the past 12 months.

--Daniel Taub in Los Angeles, (323) 801-1261 or

Enron Bonds Fall as Company Taps $3 Bln Credit Line (Update5)
2001-10-26 16:18 (New York)

Enron Bonds Fall as Company Taps $3 Bln Credit Line (Update5)

     (Adds investor comment in fourth paragraph.)

     Houston, Oct. 26 (Bloomberg) -- Enron Corp. bonds and shares
fell after the largest energy trader tapped a $3 billion credit
line because it has been shut out of the leading market for low-
interest, short-term loans.

     The company's stock has fallen 54 percent in the past 14 days
after investors questioned its transactions with affiliates run by
Enron's former chief financial officer. The shares fell 95 cents,
or 5.8 percent, to $15.40 today.

     Chief Executive Officer Kenneth Lay has failed to reassure
investors that the company's credit rating won't be cut, investors
said. Enron can no longer borrow in commercial paper markets,
where short-term loans carry lower rates than banks offer.

     ``Do they have the financial flexibility they once had? No,''
said John Cassady, who helps manage $3 billion in bonds at Fifth
Third Bancorp. ``People are questioning the credibility of
management.''

      The company will use its credit line to pay off $2.2 billion
in commercial paper it has outstanding, Enron spokesman Mark
Palmer said.

                            Bonds Drop

     Enron's 6 3/4 percent bonds, which mature in 2009, declined 1
1/2 points to a bid of 84 cents on the dollar and an offer of 86
cents. At that price, the bonds, which carry a rating of ``BBB+,''
yield 9.53 percent.

     Investors have grown concerned that the company's credit
rating will be cut after $1.01 billion in third-quarter losses
from failed investments. Enron needs good credit to raise cash
daily to keep trading partners from demanding collateral and to
settle transactions.

     Enron's decision to tap its credit line was ``a smart
financial move,'' said Stephen Moore, a vice president at Moody's
Investors Service who follows the company. ``It took away the
hassle and time-consuming nature of rolling commercial paper and
insured access to capital.''

     Though Enron's bonds have investment-grade ratings, their
yield at current prices is higher than those of industrial bonds
that carry junk ratings. According to Bloomberg data, companies
with ``BB'' ratings pay on average 9.16 percent to borrow for
seven years.

     A lower credit rating may also force Enron to buy back
holdings in other partnerships with its stock, diluting the value
of Enron investors' stock.

     Partnerships called Whitewing, Marlin and Yosemite own Enron
assets they bought with borrowed money. Enron sold the assets to
the partnerships to keep related debt off its books. The
partnerships plan to repay the borrowed money by selling the
assets.

                         Other Liabilities

     If Enron loses investment-grade rating, the borrowed money
comes due earlier, leaving less time for the partnerships to find
the best price for the power plants and other assets. Enron would
have to make up any shortfall between what the assets would sell
for and the amount of the debt.

     One way would be issuing common shares to exchange for Enron
preferred convertible shares held by the partnerships. That would
thin out the holdings of every other investor.

     Of the two main bond-rating companies, Moody's and Fitch have
Enron on watch for possible downgrade, and Standard & Poor's
lowered Enron's long-term credit outlook to negative. Egan-Jones
Rating Co. today lowered its rating on Enron's debt to ``BB+,''
one notch below investment grade, from ``BBB-.''

     Enron's liabilities associated with the partnerships amount
to at least $3.3 billion, the company has said.

     Enron ousted Chief Financial Officer Andrew Fastow on
Wednesday amid a Securities and Exchange Commission inquiry into a
partnership he ran that cost the company $35 million in direct
losses. Enron also bought back 62 million shares from the
partnership, reducing shareholder equity by $1.2 billion.

     ``It looks like the guy who was supposed to do everything for
the benefit of shareholders was running partnerships for the
benefit of himself,'' Fifth Third's Cassady said.

     Jeff McMahon, head of Enron's industrial markets group, was
named CFO in a bid to restore investor confidence, Lay said in a
statement.

--Russell Hubbard in the Princeton newsroom at 609-750-4651, or at

Keller Rohrback L.L.P. Investigates Potential Claims on Behalf of Enron Corp. -- ENE -- Employees and Former Employees

10/26/2001
Business Wire
(Copyright (c) 2001, Business Wire)

SEATTLE--(BUSINESS WIRE)--Oct. 26, 2001--Seattle's Keller Rohrback L.L.P. is currently investigating potential ERISA claims on behalf of participants and beneficiaries of Enron's retirement and 401(k) plans.
The investigation period covers January 2000 through October 2001. The investigation focuses on concerns that, under the law interpreting ERISA, Enron and its plan administrators may have breached their fiduciary duties of loyalty and prudence by failing to disclose and inform the Plan participants and beneficiaries with respect to the use of employer stock as a Plan investment. Rather than providing complete and accurate information to the Plans' participants, it may be alleged that Enron and the plan administrators may have withheld and concealed material information, thereby encouraging participants and beneficiaries to continue to make and to maintain substantial investments in company stock and the Plans. This investigation is being conducted in light of recent events.
On Oct. 16, 2001, Enron surprised the market when it announced that the Company was taking "non-recurring charges totaling $1.01 billion after-tax, or ($1.11) loss per diluted share," in the third quarter of 2001. Enron later revealed that a material portion of the charge related to the unwinding of investments with certain limited partnerships, controlled by Enron's CFO, and that the Company would be eliminating more than $1 billion in shareholder equity as a result of its unwinding of the investments. As this news began to be assimilated by the market, the price of Enron common stock dropped significantly. In addition, several recently filed securities suits allege that Enron executives engaged in extensive insider trading, gaining millions of dollars in personal proceeds. Enron retirees have lost a substantial portion of their retirement earnings due to the drop in value of their retirement assets.
If you are a member of an Enron retirement plan, wish to discuss this announcement, or have information relevant to the investigation, you may contact paralegal Liza Catabay, or any member of our team (Britt Tinglum, Liza Catabay, or Lynn Sarko) toll free at 800/776-6044, or via e-mail at investor@kellerrohrback.com.
Seattle's Keller Rohrback L.L.P. has successfully represented shareholders and consumers in class action cases for over a decade. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.

CONTACT: Keller Rohrback L.L.P. Liza Catabay, 800/776-6044 investor@kellerrohrback.com www.SeattleClassAction.com
15:16 EDT OCTOBER 26, 2001
Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.


Rick

I was in Zurich on Friday and had an interesting discussion with Mauro
Renggli - head of our office there. The discussion and
suggestions (below) were wholly at Mauro's instigation.

Over the past several months, Viviana has been tracking development in the
Swiss market and providing updates etc. to Mauro and his
team. He seems quite pleased with the work she is performing for him and has
asked if I would be supportive of Viviana transferring to
the Zurich office for 3+ months to work with his team. I told him I would
think about it. From my perspective, this may be a very useful
step: 1) It allows her to get closer to a market she is already tracking for
reg. affairs and which is headed for some important developments
ove the coming 6 months, 2) she is already a known and appreciated quantity
there, and 3) most importantly, she would be able to
work more closely with the small team there and perhaps get some of the
additional support and guidance that I have not been able to
provide.  Viviana has apprarently already voiced her interest in working in
Switzerland.

Can you please call me before you speak to Viviana. Would welcome your take
on this.

Thanks, Paul


Ehud,

June 22 works for me. Do you want to firm it up?

Vince

"Ehud I. Ronn" <eronn@mail.utexas.edu> on 05/25/2000 06:45:49 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Prospective 6/22 Houston Visit

Vince,

Many thanks for your e-mail.

>What about June 22?  I have several trips in between May 25 and June 22.
I thank you for the invitation.  May I at this time acquire an "option" to
visit on that date, with the finalization of the visit's timing to be
completed early next month?

Thanks and Best Regards,
Ehud

==============================================
     Ehud I. Ronn
     Department of Finance
     College and Graduate School of Business
     University of Texas at Austin
     Austin, TX. 78712-1179
     Voice:  (512) 471-5853
      FAX:   (512) 471-5073
      Internet:  eronn@mail.utexas.edu
=================================================


The anwser is no, we didn't respond to 637 nor did we respond to this-  just
see what FERc does with it-  MK

	From:  Drew Fossum                           12/05/2000 05:18 PM

To: Maria Pavlou/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON
cc: Mary Kay Miller/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON

Subject: TW

Should we respond to PNM's protest of the dollar valuation of imbalances
prior to netting and trading?  Did we already respond to this issue when they
filed their protest of the 637 filing?  DF


here are the two new index descriptions that we need:

For Socal Ehrenberg --  NGI SoBord Scal Ehr
For Socal Topock --       NGI SoBord Scal Top

Then, just to clarify on the PG&E Topock product -- here is the special
language that we need to use -- "The volumes scheduled to be delivered are
subject to reductions due to normal operational constraints on all
interconnecting pipelines at this location based upon historical operating
conditions.  The reductions caused by these are excused nonperformance and
are not considered a failure to receive or deliver firm gas."

We do not want to specifically mention el paso pipeline because the gas can
come from a variety of different pipelines, all of which can have operational
constraints.  I think this is close enough to the original language that it
should not be a problem.  Thanks for your help.


Reminder:

The regular September National Charity League
Patroness meeting will be held Monday, September 18,
2000, 7:30 p.m., at Cypress Creek Christian Church
Community Center.

__________________________________________________
Do You Yahoo!?
Yahoo! Mail - Free email you can access from anywhere!
http://mail.yahoo.com/


You are cordially invited to attend cocktails and dinner on April 10, 2001 at
La Colombe d'Or restaurant located at 3410 Montrose Blvd (a map can be found
at www.lacolombedor.com).  Cocktail hour will start at 7:00 pm with dinner to
follow.

Please note:  this dinner is for the Trading Track Program.

Please RSVP to Ted Bland at extension 3-5275 before April 6, 2001.


fyi...

 -----Original Message-----
From: 	Cantrell, Rebecca W.
Sent:	Monday, October 29, 2001 5:44 PM
To:	Pereira, Susan W.; Steffes, James D.; Calcagno, Suzanne; Concannon, Ruth; Fletcher, Brenda H.; Lamadrid, Victor; McMichael Jr., Ed; Muhl, Gil; Olinger, Kimberly S.; Superty, Robert; Tate, Paul; Townsend, Judy
Cc:	Pharms, Melinda; Lawner, Leslie
Subject:	Elba Island LNG Terminal

SNG LNG has made the necessary filing to place its FERC Gas Tariff into effect on the proposed in-service date of the Elba Island facilities, 12/1/01.   The filing (which is 311 pages) includes revised initial rates for terminaling service.  Most of the tariff was approved in the certificate proceeding.  Substantive changes are explained in Exhibit Z1, which is in Set 7 below.

These are links to the tariff pages.  The links will open in an imaging program.  Use Ctrl-Page Up and Ctrl-Page Down to move between pages.  If you want to print anything, use the printer icon on the tool bar above the page and select "fit to page" under the Imaging Options drop down menu.

<http://rimsweb1.ferc.fed.us/MultiPageTiff/02218971Set1.tif>  (Pages 1-50)
<http://rimsweb1.ferc.fed.us/MultiPageTiff/02218971Set2.tif>  (Pages 51-100)
<http://rimsweb1.ferc.fed.us/MultiPageTiff/02218971Set3.tif>  (Pages 101-150)
<http://rimsweb1.ferc.fed.us/MultiPageTiff/02218971Set4.tif>  (Pages 151-200)
<http://rimsweb1.ferc.fed.us/MultiPageTiff/02218971Set5.tif>  (Pages 201-250)
<http://rimsweb1.ferc.fed.us/MultiPageTiff/02218971Set6.tif>  (Pages 251-300)
<http://rimsweb1.ferc.fed.us/MultiPageTiff/02218971Set7.tif>   (Pages 301-311)


John:

I understand the El Paso conference in Washington was interesting.  Janie told me there are 2 things that need to be done.

1.  Complete Pooler Request Forms
2.  Provide historical load data

I will be out the rest of the week.  Kim will be back tomorrow (Wed.).

Are you going to be handling these El Paso-related informational requirements for Citizens?  Please call Kim and let her know if there is anything we needs to do to help.

Thanks!

Chris


In the Staff Recommendation on Prospective Market Monitoring and Mitigation,
March 2001, the FERC Staff stated that its proposed mitigation proposal is
designed to apply only to approximately 5% of the market that remains in
real-time and not to the bilateral and forward markets.  In addition, the
December 15 order only established a reporting requirement for sales into the
ISO and PX spot markets exceeding $150/MWh.  Under the order, the refund
potential closes after 60 days of a utility filing its cost justification
unless the FERC issues written notification to the seller that its
transaction is still under review.  Note well that this does not entirely
insulate EPMI concerning long term deals because the FERC's December 15 order
is still pending rehearing and parties can appeal that order once the
Commission rules.

From: Jeff Dasovich@ENRON on 03/12/2001 12:00 PM CST
Sent by: Jeff Dasovich@ENRON
To: Joe Hartsoe/Corp/Enron@ENRON, jklauber@llgm.com, Susan J
Mara/NA/Enron@ENRON, James D Steffes/NA/Enron@Enron, Christian
Yoder/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT
cc:
Subject: FERC Order and DWR

Quick question to Joe and/or Christian, John and Mary:

I'm assuming that any deal we sign with DWR that falls below the $150/MWH
soft cap is free and clear of the order FERC issued on Friday as well as any
other refund risk associated with FERC's December order.  Is that correct?
Thanks.

Best,
Jeff


this is code for RunM... Save, and I'll come by... O

 -----Original Message-----
From: 	Winfree, O'Neal D.
Sent:	Wednesday, February  6, 2002 10:40 AM
To:	Cheung, Cecilia
Cc:	Winfree, O'Neal D.; Keiser, Kam
Subject:

/usr/openwin/bin/xterm -ls -sb -display @d -n $host -T $host -r -sl 3000


call me at 7138537176


-----Original Message-----
From: 	Chumley, Jason
Sent:	Wednesday, December 12, 2001 10:24 AM
To:	Whitt, Mark
Cc:	Dietrich, Dan
Subject:	FW: Denver

Mark,

Attached below is a spreadsheet to inventory the assets you have in you office.  Can you please fill this out as best as you can and send it back to me.

Thanks,

Jason Chumley
Enron Networks
Remote Infrastructure & Integration
(713) 853-7996


-----Original Message-----
From:  "Expertfinder" <mbx_expertfinder@enron.com>@ENRON
[mailto:IMCEANOTES-+22Expertfinder+22+20+3Cmbx+5Fexpertfinder+40enron+2Ecom+3E
+40ENRON@ENRON.com]
Sent: Tuesday, April 17, 2001 5:39 PM
To: brian_hendon@enron.net
Subject: The Power of Who - expertfinder

The Enron Corporate Policy Committee introduces Expertfinder.

Expertfinder allows you to locate people within the Enron community by
organization structure, skills, reporting relationships, languages,
school attended, and prior work experience.

https://hrglobal.enron.com


---------------------- Forwarded by Mary Hain/HOU/ECT on 12/14/2000 08:46 AM
---------------------------

Tracy Ngo
12/14/2000 08:34 AM
To: Mary Hain/HOU/ECT@ECT
cc:
Subject: Re: Article

---------------------- Forwarded by Tracy Ngo/PDX/ECT on 12/14/2000 08:40 AM
---------------------------
From: William S Bradford on 12/14/2000 07:47 AM
To: Wendy Conwell/NA/Enron@ENRON, Oliver Harrison/LON/ECT@ECT, Tracy
Ngo/PDX/ECT@ECT
cc:

Subject: Re: Article

---------------------- Forwarded by William S Bradford/HOU/ECT on 12/14/2000
08:48 AM ---------------------------

	Enron North America Corp.

	From:  Frank Hayden @ ENRON                           12/14/2000 09:13 AM

To: William S Bradford/HOU/ECT@ECT, Cassandra Schultz/NA/Enron@Enron
cc:
Subject: Re: Article

---------------------- Forwarded by Frank Hayden/Corp/Enron on 12/14/2000
09:11 AM ---------------------------
From: Rebecca Phillips@ECT on 12/14/2000 09:10 AM
To: Frank Hayden/Corp/Enron@ENRON
cc:

Subject: Re: Article

Sorry - I don't have the password.  Here's the article.
r

Enron: ISO Credit Problems Are Those Of Calif Utilities
                     Of DOW JONES NEWSWIRES
                     12/13/2000
                     Dow Jones Energy Service
                     (Copyright (c) 2000, Dow Jones & Company, Inc.)

                     By Mark Golden

                     NEW YORK -(Dow Jones)- The credit problems of the
California Independent System Operator reflect the
                     credit problems of the state's three investor-owned
utilities, Enron Corp. (ENE) chief of staff Steven Kean
                     said Wednesday.

                     "We have expressed some concerns about the utilities'
creditworthiness," Kean said. "They wouldn't have
                     this credit issue if they had a government guarantee."

                     Standard & Poor's credit analyst for California
utilities, Richard Cortright, told Dow Jones Newswires that
                     such a guarantee is highly unlikely.

                     "There's no point in talking about it," Cortright said.

                     The credit-rating agency put California utility holding
companies PG&E Corp (PCG) and Edison
                     International (EIX) on watch with negative implications
Wednesday. The utilities have seen their debt
                     rating downgraded already this fall, but their debts are
piling up by the billions as they continue to pay
                     about 10 times more for power supplies than they can
charge customers.

                     "The sheer magnitute of the undercollected balance is
beyond belief," Cortright said. "Wholesale prices
                     have gotten worse, and every hour the situation gets
more dire."

                     Cortright said the only step that would save the
utilities' credit status is if California regulators raised the
                     rates the utilities can charge customers.

                     Late Wednesday, the California Public Utilties
Commission indicated that it may do so, reversing a
                     decision made just last week.

                     "With new generation coming on, you would expect the
rates to decline in a couple of years," Cortright
                     said.

                     The California Independent System Operator almost had to
institute rolling blackouts Wednesday
                     because 13 suppliers had stopped selling it power due to
concerns about the ISO's credit.

                     California Gov. Gray Davis said that Enron was one of
the "dirty 13."

                     Enron's Kean said that Enron was only offering very
limited amounts of power to the ISO.

                     "We are basically just a buyer and seller. We control
only 70 megawatts of generation in the state, which
                     we offered to the ISO today because of the emergency,
but the ISO declined to purchase that power,"
                     Kean said.

                     That small generating unit is located in the southern
California, while the ISO's supply problems were
                     most acute in northern California.

                     "We aren't selling any other power to them right now.
Everything else that we bought we've sold to other
                     buyers," said Kean, who added that Enron had sold to the
ISO as recently as Tuesday.

                     The ISO manages California's electricity grid and
purchases last-minute additional power on behalf of the
                     state's three investor-owned utilities. The ISO then
bills the utilities, which are PG&E Corp's Pacific Gas &
                     Electric Co, Edison International's (EIX) Southern
California Edison, and Sempra Energy's (SRE) San
                     Diego Gas & Electric Co.

                     The ISO has 70-day payment terms to suppliers.

                     For the past two weeks, and often during the summer, the
ISO has been purchasing about one-fourth of
                     the state's entire needs at very high prices. It's
current daily power purchases are running at $50 million to
                     $100 million.

                     -By Mark Golden, Dow Jones Newswires; 201-938-4604;
mark.golden@dowjones.com

	Enron North America Corp.

	From:  Frank Hayden @ ENRON                           12/14/2000 09:08 AM

To: Rebecca Phillips/HOU/ECT@ECT
cc:
Subject: Re: Article

I can't access the article without Enron's account number..  You wouldn't
happen to have that?

Frank

To: Frank Hayden/Corp/Enron@Enron
cc:

Subject: Article

http://nrstg2s.djnr.com/cgi-bin/DJInteractive?cgi=WEB_FLAT_PAGE&GJANum=3008059
88&page=wrapper/index&entry_point=1&user_bounced=1&entry_point=1

Here's an article about ENE and Cal.  Looks like we control about 70 MW in
Cal.
r


p a p e r l o o p . c o m   d a i l y   n e w s   s e r v i c e

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MONDAY, Nov. 21, 2001

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----------------------------------------------------
HEADLINES AT A GLANCE:
----------------------------------------------------
* EC greenlights UPM-Kymmene's acquisition of Haindl
* Asian cartonboard market sees prices fluctuate and oversupply problems
* SCA makes more moves into US market with Encore Paper acquisition
* Burgo tests huge new LWC machine at its Verzuolo plant in Italy
* United Paper Kuwait to extend containerboard product range to sack kraft
* Far East gears up to start building nonwood pulp mill in China
* Lucart France gets set to test new tissue machine
* Lee & Man starts construction of new linerboard PM in China
* Officials optimistic over US/Canada lumber dispute but scant progress seen

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

EC greenlights UPM-Kymmene's acquisition of Haindl

BRUSSELS, Nov. 21, 2001 - Finland's UPM-Kymmene won approval
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Asian cartonboard market sees prices fluctuate and oversupply problems

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crisis of 1997 led to a price war early in the third quarter.

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----------------------------------------------------
SCA makes more moves into US market with Encore Paper acquisition

STOCKHOLM, Nov. 21, 2001 - SCA has acquired the US
tissue company Encore Paper Company Inc at a price of $92 million
(approximately SEK 930 million) on a debt-free basis.

<http://cm.paperloop.com/redirect.jsp?cmID=C1492783L7150U62309>

----------------------------------------------------
Burgo tests huge new LWC machine at its Verzuolo plant in Italy

BRUSSELS, Nov. 20, 2001 - Burgo has begun trial
runs as scheduled on the huge new lightweight coated (LWC)
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United Paper Kuwait to extend containerboard product range to sack kraft

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----------------------------------------------------
Far East gears up to start building nonwood pulp mill in China

SINGAPORE, Nov. 21, 2001 - Far East Pulp & Paper of
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----------------------------------------------------
Lucart France gets set to test new tissue machine

BRUSSELS, Nov. 21, 2001 - Lucart France is gearing up
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Lee & Man starts construction of new linerboard PM in China

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----------------------------------------------------
Officials optimistic over US/Canada lumber dispute but scant progress seen

VANCOUVER, Nov. 20, 2001 - The latest efforts to
end the softwood lumber trade fight between Canada
and the United States appeared snarled on Tuesday
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**DELETE IF NOT THINKING ABOUT GOING ON EXCHANGE NEXT FALL TERM**

We will hold an information session for those of you thinking of going on
exchange next fall, on Tuesday, October 24th from 12:30 - 2:00 pm in the
Career Center conference room.

This session gives you a chance to hear about our partner schools from the
perspective of the exchange students visiting Haas this term. We will also
go over the selection process and timeline.

Links to our international partner schools, an FAQ, and other helpful
information is available online at:
http://www.haas.berkeley.edu/MBA/exchangemain_.html

We will also cover our new domestic exchange with Columbia Business School
in New York City.

Evening MBA students who can't make it to the info session should feel free
to contact me directly. I will be happy to answer your questions.

Hope to see you there!

Kim

Kim Guilfoyle
MBA Student Services


---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/24/2000
03:56 PM ---------------------------

	Enron North America Corp.

	From:  Ken Lay and Jeff Skilling @ ENRON                           10/24/2000
03:35 PM

Sent by: Enron Announcements@ENRON
To: All Enron Worldwide
cc:
Subject: A Message from Ken Lay and Jeff Skilling

With deep regret we announce that Joe Sutton, Vice Chairman of Enron, has
decided to leave the company.  Joe has indicated his desire to pursue other
opportunities in the energy asset development and operations business.

Joe has been instrumental in making Enron a global company.  We will miss his
energy and enthusiasm.  We wish Joe the very best as he pursues new endeavors.

Ken and Jeff


Unfortunately, I am out of town this weekend at a wedding.  Therefore with
the midterm due on Monday, I will not be able to get to the next case at
least until November 3rd.  Sorry.

Dylan

At 12:06 PM 10/23/00 -0700, Christine Piesco wrote:
>Teaml,
>
>I'm responsible for coordinating the next case - Teltronica, which is due
11/6. It happens that my parents are
>visiting from the east coast that weekend. I thought that since we haven't
had a case due for a couple of weeks,
>if there were any chance we could get the case done before the weekend
that would help out a lot. We're still two
>weeks out from the due date, so we have a lot more time than usual, even
with the take home exam. Let me know if
>you guys think we can try to hammer this out next week after the take
home's out of the way. As well as I recall,
>SF has the first half, East Bay has the second this time.
>
>Thanks,
>Christine
>
>Jeff.Dasovich@enron.com wrote:
>
>> Based on last nite's discussion, here's the coordinator list:
>>
>>    Christine--11.6--Teltronica
>>    Dylan--11.13--Nutra
>>    Kim--11.1--Agro Feed
>>    Jeff--11.27--Global Industries
>>    Jimmie--12.4--Daimler-Benz
>>
>> We also decided that:
>> 1) we'd continue with the SF/East Bay split
>> 2) each group should combine the answers into one document prior to sending
>> to the coordinator for final compilation
>> 3) we'd distribute draft answers to the entire group, since some questions
>> feed off of others
>> 4) we'd get finalized responses to the coordinator no later than 4 PM on
>> Sunday
>>
>> Let me know if this tracks with others' memories.
>>
>> Best,
>> Jeff
>>
>>
>>                     Christine Piesco
>>                     <christine.piesco@o        To:     Kimberly Kupiecki
<kkupiecki@arpartners.com>
>>                     racle.com>                 cc:
Jeff.Dasovich@enron.com, dwindham@uclink4.berkeley.edu,
>>
jjackson@haas.berkeley.edu, jcjcal02@aol.com
>>                     10/09/2000 01:49 PM        Subject:     Re: Teams
>>
>>
>>
>> I assume you all have already exchanged contact information. Mine is below,
>> if
>> there is a list of everyone's phone numbers could someone please forward it
>> to
>> me?
>>
>> Home: 415-928-7487
>> Cell: 650-740-1097
>> Work: 650-506-3640
>>
>> Thanks,
>> Christine
>>
>> Kimberly Kupiecki wrote:
>>
>> > Hi Christine,
>> >
>> > We have been doing the cases via email up to this point.  We typically
>> > divide up the questions and send each other our responses.  One team
>> member
>> > takes the lead on creating the "hand in" document.
>> >
>> > Cheers,
>> >
>> > At 04:42 PM 10/4/00, Christine Piesco wrote:
>> > >Glad to be aboard! When are we meeting? I am on campus Monday-Weds.
>> > >
>> > >Christine
>> > >
>> > >Jeff.Dasovich@enron.com wrote:
>> > >
>> > > > Christine:
>> > > >
>> > > > Sorry I haven't replied sooner.  Crazy day.  Consider yourself the
>> 5th
>> > > > member of our team---but remember, no warranties included.
>> > > >
>> > > > Best,
>> > > > Jeff
>> > >
>> > >--
>> > >Christine Piesco
>> > >Industrials Account Manager
>> > >Oracle Corporation
>> > >500 Oracle Parkway
>> > >Redwood Shores, CA 94065
>> > >Phone: (650) 506-3640
>> > >Fax: (650) 633-3753
>> > >christine.piesco@oracle.com
>> > >
>> >
>> > Kimberly Kupiecki
>> > Senior Account Executive
>> > A&R Partners
>> > kkupiecki@arpartners.com
>> > (650) 762 2800 main
>> > (650) 762 2825 direct
>> > fax (650) 762 2801
>>
>> --
>> Christine Piesco
>> Industrials Account Manager
>> Oracle Corporation
>> 500 Oracle Parkway
>> Redwood Shores, CA 94065
>> Phone: (650) 506-3640
>> Fax: (650) 633-3753
>> christine.piesco@oracle.com
>>
>> (See attached file: christine.piesco.vcf)
>
>Attachment Converted:
"C:\PROGRA~1\eudora\windham\attach\christine.piesco7.vcf"
>


Free Analysis, no obligation, reduce monthly payments, reduce interest charges, no credit checks, loan programs available, one simple low monthly payment.
http://www.eloangroup.com

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pmguid:1c.1h0t.803w8


Sorry I didn't get back with you sooner! I didn't check my e-mail until last
night (Thurs). I did try to call you on Sunday, but I hung up when I
remembered you were with the guys! It wasn't a big deal! I hope you have a
good weekend!

Shannon:)

----- Original Message -----
From: <Don.Baughman@enron.com>
To: <shannontyer@email.msn.com>
Sent: Monday, January 28, 2002 2:44 PM
Subject: RE: HOW TEXANS EXPLAIN ENRON'S BUSINESS

> This is very good, just like the real thing!  Did you try to call my cell
> yesterday, it rang and your cell number popped up on the caller ID but
when
> I answered there was no reponse.  I hope that you know that it is OK for
> you to call me when you want to.  Drop me a line or call and tell me what
> night is good for you this week.
>
> Take care,
>
> Don
>     -----Original Message-----
>    From:   "shannontyer" <shannontyer@email.msn.com>@ENRON
>    Sent:   Sunday, January 27, 2002 10:51 PM
>    To:     Kari Tracey; Baughman Jr., Don
>    Subject:  Fw: HOW TEXANS EXPLAIN ENRON'S BUSINESS
>
>
>
>    ----- Original Message -----
>    From: Milly Jeffers << File: mailto:mjeffers@texed.net >>
>    To: Undisclosed-Recipient:; << File: mailto:Undisclosed-Recipient:; >>
>    Sent: Saturday, January 26, 2002 6:51 PM
>    Subject: Fw: HOW TEXANS EXPLAIN ENRON'S BUSINESS
>
>    Subject: ENRON'S BUSINESS
>    Feudalism - You have two cows. Your lord takes some of  the milk.
>    Fascism - You have two cows. The  government takes both, hires
>    you to take care of them, and sells you the  milk.
>    Communism - You have two cows. Your  neighbors help take care
>    of them and you share the  milk.
>    Totalitarianism - You have two cows.  The government takes
>    them both and denies they ever existed and drafts you  into the
>    army. Milk is banned.
>    Capitalism -  You have two cows. You sell one and buy a
>    bull. Your herd multiplies, and the  economy grows. You sell them
>    and retire on the  income.
>    Enron Venture Capitalism - You have  two cows. You sell
>    three of them to your publicly listed company, using  letters of
>    credit opened by your brother-in-law at the bank, then execute
>    debt/equity swap with an associated general offer so that you get
>    all  four cows back, with a tax exemption for five cows. The milk
>    rights of the  six cows are transferred via an intermediary to a
>    Cayman Island company  secretly owned by the majority shareholder
>    who sells the rights to all seven  cows back to your listed
>    company. The annual report says the company owns  eight cows, with
>    an option on one more.
>
>
>
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate
and may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
> **********************************************************************
>
>


Need to hear ASAP whether you have any problems with this counterparty.


Tana,
Mark said you may know where the most current form of EOL legal survey
resides in the system.  Any ideas?
Thanks Brent