THE FRIDAY BURRITO

"If you aren,t confused, then you don,t understand the problem."

That was a close one.  Favre threw the ball down field to his favorite
receiver last Monday night, Antonio Freeman, in what turned out to be
the last play of the game in overtime.  Viking's defenseman Dishman
flicked the ball up in the air, Freeman went to the ground, but the ball
landed on Freeman,s back.  It slid down Freeman,s jersey, and as he
turned to look, the ball gently poured into Freeman,s waiting open
hands.  The ball and Freeman made a fair catch, and a quick trip to the
end zone.  Game over.  Packers won.

That was the closest and best ending to a football game I can recall in
a long time.

Otherwise it was a ho-hum week.

Oh, yah.  The State of California held its one-party election last
Tuesday, and all members of that party won, I think.  There is no
Republican Party anymore in California.  Those politicians have been
exported like our in-state electrons under price-caps to Arizona or
Nevada.  The radical minority is now firmly in place.  This will make
power-related legislation a hoot in the coming legislative session.  A
veto-proof Assembly and Senate with a $7 billion surplus.  Jeez.  What
would you care to bet that we don,t see one nickel of that $7 billion in
tax reductions? You know we,re in trouble when Lady Bird Bowen and Steve
Peace claim that they are each to the far right of their Democratic
colleagues.

Speaking of Mr. Peace, we had a chance to meet for the first time, and
have a real conversation.  It was in Washington, D.C., a good neutral
turf, at the hotel where quite a few other Californians and I were
staying.  We were attending FERC,s technical conference on the Order
issued last week.  It was all an accident, I suppose.  I was sipping a
brewski with CMUA,s Tony Braun in the hotel bar.  I was explaining to
Tony what a terrible thing it was for CMUA to support a return to cost
of service rates, and what are we going to do about the ISO,s GMC
filing?  In walks Peace and his legislative aide, John Rozsa.  So, being
a nice guy, I utilized your hard-earned WPTF dues, and bought them both
a drink.  A bloody Mary for Rozsa and decaf coffee for  the Senator.

Two-and-one-half hours later we were still drinking and talking.  I hate
to admit it, but I had a good time.  "Why do you call John Fielder +The
Great Warrior,?" Peace asked me after I shared with him my nickname for
JF.  I told him the story, skipping all the nicknames handed out in past
Burritos to the two gentlemen in my then present company.  A lot of what
we discussed Peace repeated to the FERC Commissioners the next day.
Below, I review the logic of his case concerning the future of
California,s restructured power industry.  For the first time I see the
method in his madness.  He takes a very political view of things, which
means economics and physics don,t hold a candle to political factors.

We also talked about the power business, movie production (Attack of the
Killer Tomatoes V is coming out soon.  I asked wasn,t ATKT  I through IV
enough?  He said he was going to keep on doing it until he got it
right.  I offered that that was exactly what Glen Campbell said when he
married his fifth wife.), Dennis Miller on Monday Night Football (we
don,t like DM on MNF), and why he ever took an interest in the power
industry (answer: he goes into it and out of our industry from time to
time, just for a visit).

And at the moment, I am working on the Burrito in my DC hotel room,
watching the clock advance into the wee hours of the night.  What,s a
Thursday night without a Burrito to write?  I won't finish this week,s
edition on time.  I only have my travel computer with me.  So, the
Burrito will go out Friday, or Saturday.  Be patient, and don,t get
pushy.  If it,s going to take another week to declare George W the new
President, assuming the Florida vote remains stable, then you can wait a
day or two for the Burrito.

By the way.  Last week,s Burrito was a great companion for those of you
without much humor in your life.  Pity.  Many of the newer readers
lapped up the ISO Going Out of Business items.  One reader wanted to
know if they could purchase the Market Power Exercise Bike in
California, export to Oregon where it sells for ten times the price, and
then bring it back in the State.  I said you could do that, but it would
be wrong.  I would report that person to the Market Surveillance
Committee, and as punishment that person would have to read every
document the ISO,s Department of Market Analysis ever wrote.  Some
aren,t even colored in yet.

Here is this week,s menu.

>>> Things at the FERC
@@@ A Day at the FERC
>>> The Mailbag

>>> Odds & Ends (_!_)

>>> Things at the FERC
@@@ A Day at the FERC

There is one thing you have to give the FERC Commissioners.  They put in
a full day, and more, when they hold one of these touchy feely meetings
at their headquarters in Washington, D.C.  From 9 a.m. to 6 p.m. they
kept up the Q&A, panel after panel.

What was accomplished?  Again, it is hard to say, because I had trouble
reading the will of the Commissioners based on body language, or
questions they posed to the panelists.  The four Commissioners gave
little hint of what was on their minds, and you wonder what they were
absorbing.  I did notice that all four Commissioners reviewed any and
all written material presented by the panelists.  I couldn,t figure out
how they were able to read, listen, and ask questions simultaneously.

The highlight of the day, unquestionably, was our California Delegation
of Lynch, Keese, Kahn, Peace, Bowen, and a Republican supervisor from
the County of San Diego.  They brought with them a video address from
Governor Gray Davis.  I don,t know how to describe the video, but I will
try.  Imagine a talking head, with hands, behind a desk with the
American and California flags in the background.  Imagine the Gov
castigating the FERC Commissioners for not following through with their
jobs after claiming that wholesale markets are dysfunctional, and that
wholesale power rates are unjust and unreasonable.  Imagine this State
official verbally whipping the Gang of Four for not ordering refunds.
Imagine the Gang,s surprise to hear the Gov tell them that
re-appointment of the ISO Governing Board members is not within FERC,s
jurisdiction.  THEN, imagine the same Gov, camera close up, smiling and
ending with, "Other than that, you,re a pretty nice group of people!!".
That was the State,s opening to the FERC.  The crowd, first stunned,
roared with laughter.  Was this intentional, or an out-take some one
slipped into the tape?  We,ll never know.

Steve Peace went into his explanation about the facts of life.  Listen.
The political landscape of California has changed.  It is wildly
liberal, nee socialist.  If there is another summer of price spikes like
last summer, with the very real possibility that both SCE and PG&E will
be done with their respective rate freeze,s, then over 10 million
electric customers will be susceptible to damagingly high rates.  The
populace will revolt.  A ballot initiative, not unlike the failed Prop
9, will appear in November of 2002, and the Governor, running for
re-election, will support the proposition.  The proposition will also be
supported by the three underpinnings of the Democratic Party ... labor,
minorities, and environmentalists.

The proposition may require that all IOU assets be condemned by the
State, including the output of the divested power plants.  The
proposition will pass, and like all good propositions, will be
challenged in court.  The court case will lead to a "settlement" whereby
consumers and generators will re-arrange the money transfer between
buyers and sellers, and FERC will sit idly by as over fifty percent of
the generation assets in the West are controlled by the State of
California.  Stuff that in your RTO pipe.

Does Senator Peace think this is a good idea?  No.  Does he think it is
politically possible?  Yes. Why?  He refers to a landmark case he calls
"Texaco vs. Federal Power Commission" as the case which makes this a
slam dunk.  I am not familiar with this case, but we have plenty of
Burrito readers who might.  Educate us, please, and give us your
assessment.

In any event, the whole kit and caboodle will end up in a court
challenge, and if FERC wants to avoid the ballot initiative and the
challenge, FERC should retroactively order the refunds from the
generators because the FERC has deemed wholesale rates to be unjust and
unreasonable.

Now, whether or not I agree with the Peace,s scenario, and Lady Bird
Bowen nodded to it too, the logic isn,t flawed.  The premises may be,
but not the logic.   I think a ballot initiative to wipe out the
competitive market is likely regardless of what FERC does or doesn't
do.  The UDC,s won't object.  Their stranded costs will be paid, and
what the heck, maybe they can return to the days of rate-of-return
regulation.  The unions will love it, no doubt because it implies jobs.
Minorities will support it, no doubt, because the have-nots need to stop
the alleged gouging by the generators.  Environmentalists will be stuck
between a rock and a hard place.  They want conservation and demand
management, which you don,t get without market prices.
Environmentalists may be iffy.  DKNY, give us your opinion.

That was the card the California Delegation played upon FERC's table.

I didn,t see one FERC Commissioner blink.  I didn,t see one person on
our side blink either.

I can tell you why I think this plan wont work.  But that isn,t
important.  What,s important is that each of you understands the logic
that drives the scenario. Ballot initiatives are a California specialty.
So we are faced with the stark reality of having to face an initiative
in two years that is challangeable, time consuming and expensive.

Impossible?  Maybe, maybe not.

Mr. Florio, of TURN, made comments early in the day, one of which
suggested that if FERC orders the ISO stakeholder Governing Board to be
replaced (that,s good, he says), then the State and FERC should
compromise on a board with a mix of State and techno interests. In other
words, let's keep the EOB's finger in the ISO pie.  Without a
negotiation on Governing Board replacement, there will be a long legal
wrangle that will leave the ISO rudderless.  To this, I responded on my
panel, as did others, there is no way FERC can allow a compromise.  That
would put the same problems before the Commission at a later date.

It,s Governance, more so than market structure.  In fact, you could
summarize the three competing theses about the problems in California
thusly:  Governance first, and market structure second (that,s us, I
believe), or market structure first, and Governance second (SEMPRA,
TURN, fellow travelers), or the hell with both Governance and market
structure, just force the generators to refund the alleged excesses
(People,s Republic).

Of course, there was plenty of discourse on the Order,s proposed price
cap of $150.  I think FERC got the usual amount of confusing signals
from all parties.  Some say the cap is too high, some say too low, some
say just right, and some say to hell with price caps, just force the
generators to refund the alleged excesses (People,s Republic).

The Commissioners ended the long day with a series of questions they
would like respondents to address in their November 22nd written
comments:

1.  What should the CPUC do, either on it,s own or in conjunction with
FERC, to establish policies that provide for UDC reasonableness for cost
recovery if the UDC,s procure power from a supplier other than the PX
Day Ahead market?

2. What is the definitive story as to the price spike in California this
summer given all the information on generating costs, opportunity costs
etc? How did we get to the prices to which we observed? (This was
Hoecker's question, and I find it disturbing because the FERC staff
report did a great job, I thought, explaining the factors.  What more
does he want?)

3. What are people,s observation regarding the division of
responsibilities between FERC and the CPUC in handling California,s
wholesale bulk power market?

4. What should be the selection process to replace the ISO and PX
Governing Boards that will avoid the resurrection of the influences
currently found among the stakeholder boards?

5. What should FERC do as an alternative to the $150 price cap, and how
should FERC evaluate bids above the cap level?

6. Should the ISO be rid of the second-price auction?

7.  How can FERC move California into the regional power market of the
West?

8. Did FERC get it right when they specified a replacement board for the
ISO and PX of 7 members?

>>> From the Mailbag

I got a lot of mail on last week's stuff.  A lot, and I love it.  It
means I have to create less original tripe, and at the same time allow
you all to educate the rest of the group.

For example, BPA's Don Wolfe wrote, "Putting price caps in place until
the market is proved to be competitive is like nailing your foot to the
floor until you prove you can dance."

Jim Kritikson had some interesting comments about the FERC Order.  He
said,

"p.5 [FERC Order]     'elimination of the requirement for balanced
schedules; '
"p.31    'We therefore direct the ISO and the PX to pursue establishing
an integrated day ahead market in which all demand and supply bids are
addressed in one venue.'

"These items seem to call for an ISO day-ahead integrated dispatch.   In
fact, this goes further then elimination of the market separation
constraint that was previously discussed.  That is, it would seem to say
it is OK for you to send in a demand schedule with no supply, and a bid
indicating how much you are willing to pay via your adjustment bid, and
the ISO will find a suitable supply for you.

"p.31    'Therefore we will require that the proposal, at a minimum,
include a meaningful number of zones that significantly address
congestion on the system. In this regard, we also require that the
proposal provide a comparison with a nodal energy price proposal (i.e.
locational marginal prices for each bus or node on the grid). We also
expect the ISO to conduct a periodic (annual) review to evaluate the
accuracy of the zones for congestion management.'

"This seems to send a fairly strong signal that nodal pricing is the
standard to be met.   Is your model as good as nodal?  (Do you suppose
the "single price" at each node is also subject to the soft and hard
price cap?)

"Re: transparency, the impact on congestion pricing of the soft price
cap does not seem have been considered.   At present, the Usage Charge
is the difference in zonal energy prices.   In the future it may not be.

"Consider the following.  The soft cap is hit in both zones, so the PX
price is $150 in both the NP15 and SP15 zones, but the Usage Charge is
$100, set by a $250 inc bid in the north and a $150 dec bid in the
south.  The PX is sending 1000 MW from south to north, and must pay
$100,000 in congestion rents.   So, there is a Usage Charge to go
between 2 zones with the same energy price.

"Of course, this is not limited to the PX.  The same situation would
apply to the ISO in real time.   It looks like uplifts will be needed to
collect the rents.  Where and how the rent is collected will become very
important.

"Preserving locational signals will be a challenge under these
conditions. "

Harry Singh of PG&E National Energy Group also chimed in on the
inference in the Order to the elimination of market separation in
forward markets.  He said,

"You could interpret this in more than one way.  For example, you can
interpret it as the end of balanced schedules and giving the ISO a new
role in operating the day-ahead energy market. I'd think that's more
significant than imposing LMP and spells the end of the market structure
we have in California. You can also take a weaker interpretation and
assume they are talking about market separation in congestion
management. Maybe this is the more likely explanation but they should
probably have included it in the section on congestion reform."

Our resident environmentalist, Dan Kirshner, No-Yes, wrote to us that,

"On the new ISO and PX Boards, note that FERC says nothing about how
those six new Board members will be replaced.  Nor do I see any reason
for optimism that the EOB is out of the picture here.  Won't the state
assert at least this authority?

"You seem to ascribe more meaning than I do to the $150 "soft cap."  It
cannot be an attempt to hold bids below $150.  The number is simply too
low  (especially when you're trying to attract new capacity, as all the
rhetoric proclaims).  More likely it's an attempt to be seen as doing
something rather than nothing.  (Like a parent's lame, "all right, but
NEXT time..."  You probably know how effective THAT is.)

"At first I thought -- as I may have mentioned -- that the "pay as bid
above $150" approach was a clever response to the supposed game where a
bidder with multiple plants would bid a few of them high in an effort to
set the MCP, and the rest low, insuring that they wouldn't get shut out
of high prices if their high bids didn't get selected.  The only odd
part to me was that no one has yet claimed that this game is what's
actually going on.

"It reminds me of one of the audio messages my wife has attached to
mouse events on her computer.  They are based on the old Frankenstein
movies.  Opening a program causes Dr. Frankenstein to exclaim, "Give my
creation life!"   Very appropriately -- applied to most computer work,
and now to FERC's work -- when you close a program the voice intones:
"You've accomplished nothing, fool."

I tried to dissuade Dan from including in the Burrito the mouse event,
which I thought was hilarious.  He insisted, stating that "No.  This is
a tying arrangement.  You have to use the mouse trigger stuff."  So I
did.

Finally, one reader, who shall remain anonymous, wrote, "Okay, I
definitely want the Market Power Exercise Bike, haven't been out very
much lately and don't want to put on those dreaded "holiday pounds"
between fruitcake and latkes... But the price is somewhat foggy... what
if I buy it in state, export it, and then send it back in under a
different name?

"I'll also take one of the "Singing the Blues" by Loretta and Michael
but I was hoping it included a song that should be so near and dear to
our hearts 'Folsom Prison Blues' but maybe that's on their 'best of'
album along with 'Achy Breaky Heart'

"Anyway the ISO attire for sale is really "last years fashion" and you
know I would not be caught dead in anything outdated.  But by the looks
of the last Board meeting I'm sure you'll have plenty of takers."

You know, I just need to be more careful with the distribution of these
Burritos.  When I walked into the hearing room at FERC this week, about
a dozen people said hello, and jumped right  into a discussion about
Burrito busters.  Keep in mind, it was 6 am my time.  Can we talk?

Another anonymous writer penned the following, "-- the FERC order makes
it clear that FERC doesn't see California as big enough to be an RTO.
Installing an independent board is problematic given SB96 unless Cal-ISO
goes regional.  So what if Desert Star offered up its 5-man board,
Cal-ISO added Terry and a seventh independent director, and the two
finally consolidated?  The current ISO Board and the DS advisory
committee could be trimmed and consolidated as the advisory group.  But
wouldn't this be an opportune time?  The DS guys could be more assured
of not being run over if 'their' board is installed.  They haven't
created an infrastructure or software and Cal-ISO needs to redo a bunch
of stuff.  Could it be a 'win-win'?"

Nothing out here is win-win.  It's lose-lose.

>>> Odds & Ends (_!_)

Back in California after a long flight home.  It's raining.  My son is
playing guitar in his room because today he doesn't have school.  For
him, it is a holiday.  I forgot.  What are holidays?

A number of you folks called me after the FERC Conference yesterday.
The item you most wanted to talk about was the dialogue between Steve
Peace, and Commissioner Hebert.  Hebert became quite upset with our
Senator.  Hebert doesn't like being interrupted with comments such as,
"The Governor wasn't including you in his comment when he said 'You're a
great group of people.'"  After the bantering went back and forth,
Hebert, frustrated and feeling that the seriousness of the Commission
was impugned by Peace's behavior, threw up his arms, and uttered, "I'm
not going to debate with you anymore! It's a waste of time."

My panel was next on, so when the California Delegation was dismissed, I
walked over to my spot on the panel's table.  Peace-man was grabbing his
suitcase and making a run for the exit.  I told him, "I'll mop this up
for you, man, stick with me."  I mean, what are friends for?

The Great Warrior was on my panel.  He was great, as always.  When Dan
Larcamp of the FERC staff asked a question comparing wholesale rates in
California to UDC generation rates, The Great One responded that if you
take out the QF payments, the frozen-rate generation component for SCE
was about 4?/kwh.  I shot back, you have to include the QF payments.
Those are fixed capital costs in the SCE portfolio that SCE charges its
retail customers.  The number for Edison is 7?/kWh.  And $70/MWh is for
all months since competition began in 1998, except the last four
months,  higher than the wholesale prices have been. The Great One
didn't lose a moment and said on the record, "Gary is right. It would be
seven cents."  And that is what I love about this business.  You can sit
with a group of people, ususally men, sip some coffee or some beer, you
tell each other lies. That is how you become good friends.

Here is this week's cookie.  It's from Linda Hamilton whom I hope is
keeping dry up in Portland.  If it is wet down here, then it better be
wet up there.
================
Why did the chicken cross the road?

VICE PRESIDENT GORE

I fight for the chickens and I am fighting for the chickens right now.
I will not give up on the chickens crossing the road!  I will fight for
the chickens and I will not disappoint them.

GOVERNOR GEORGE W. BUSH

I don't believe we need to get the chickens across the road.  I say give
the road to the chickens and let them decide.  The government needs to
let go of strangling the chickens so they can get across the road.

SENATOR LIEBERMAN

I believe that every chicken has the right to worship his or her God in
his or her own way.  Crossing the road is a spiritual journey and no
chicken should be denied the right to cross the road in his or her own
way.

SECRETARY CHENEY

Chickens are big-time because they have wings.  They could fly if they
wanted to.  Chickens don't want to cross the road.  They don't need help
crossing the road.  In fact, I'm not interested in crossing the road
myself.

RALPH NADER

Chickens are misled into believing there is a road by the evil tire
makers.  Chickens aren't ignorant, but our society pays tire makers to
create the need for these roads and then lures chickens into believing
there is an advantage to crossing them.  Down with the roads, up with
chickens.

PAT BUCHANAN

To steal a job from a decent, hardworking American.

JERRY FALWELL

Because the chicken was gay!  Isn't it obvious?  Can't you people see
the plain truth in front of your face?  The chicken was going to the
"other side."  That's what "they"  call it-the "other side."  Yes, my
friends, that chicken is gay.  And, if you eat that chicken, you will
become gay too.  I say we boycott all chickens until we sort out this
abomination that the liberal media whitewashes with seemingly harmless
phrases like "the other side."  That chicken should not be free to cross
the road.  It's as plain and simple as that.

DR. SEUSS

Did the chicken cross the road?
Did he cross it with a toad?
Yes!  The chicken crossed the road,
but why it crossed, I've not been told!

ERNEST HEMINGWAY

To die.  In the rain.

MARTIN LUTHER KING, JR.

I envision a world where all chickens will be free to cross without
having their motives called into question.

GRANDPA

In my day, we didn't ask why the chicken crossed the road.  Someone told
us that the chicken crossed the road, and that was good enough for us.

ARISTOTLE

It is the nature of chickens to cross the road.

KARL MARX

It was a historical inevitability.

SADDAM HUSSEIN

This was an unprovoked act of rebellion and we were quite justified in
dropping 50 tons of nerve gas on it.

RONALD REAGAN

What chicken?

CAPTAIN JAMES T. KIRK

To boldly go where no chicken has gone before.

FOX MULDER

You saw it cross the road with your own eyes.  How many more chickens
have to cross before you believe it?

FREUD

The fact that you are at all concerned that the chicken crossed the road
reveals your underlying sexual insecurity.

BILL GATES
I have just released eChicken 2000, which will not only cross roads, but
will lay eggs, file your important documents, and balance your checkbook
-and Internet Explorer is an inextricable part of eChicken.

EINSTEIN

Did the chicken really cross the road or did the road move beneath the
chicken?

BILL CLINTON

I did not cross the road with THAT chicken.  What do you mean by
"chicken"?  Could you define "chicken" please?

GEORGE BUSH

I don't think I should have to answer that question.

LOUIS FARRAKHAN

The road, you will see, represents the black man.  The chicken crossed
the "black man" in order to trample him and keep him down.

THE BIBLE

And God came down from the heavens, and He said unto the chicken, "Thou
shalt cross the road."  And the chicken crossed the road, and there was
much rejoicing.

COLONEL SANDERS

I missed one?

THE CALIFORNIA DELEGATION AT THE FERC CONFERENCE

To hell with the chicken, just force the generators to refund the
alleged excesses.
======================

Have a great weekend.
gba


Looks good--I'm faxing some minor comments.  Give George my best!  DF

Jeffery Fawcett
11/21/2000 01:17 PM
To: Drew Fossum/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron
cc: Susan Scott/ET&S/Enron@ENRON, Keith Petersen/ET&S/Enron@ENRON, Ronald
Matthews/ET&S/Enron@ENRON, Rod Hayslett/FGT/Enron@ENRON, James
Centilli/ET&S/Enron@ENRON

Subject: Proposal to Caithness Big Sandy

Attached for your review and comment is a broad outline of a rate proposal to
Caithness for the construction and operation of the 40-mile lateral to the
Big Sandy project.  This non-binding proposal was requested by Caithness'
consultant, George Briden, as a starting point for modeling the economics of
the project's gas supply and a basis for further discussions aimed at
designing an appropriate deal structure.  For your information, James
Centilli calculated the transport rate based on the (+/- 30%) $20.33MM cost
estimate with a ten-year (contract) amortization.

I plan to put this in the mail by the close of business tomorrow.  If you
have any suggestions, please let me hear from you by mid-day.   Thanks.


which books in TDS do you need access to?  I approved your erequest, but I have to go into TDS and grant the actual access.  Thanks.
PL

 -----Original Message-----
From: 	Khanna, Bharat
Sent:	Tuesday, October 09, 2001 9:19 AM
To:	Love, Phillip M.
Subject:	FW: Mappings

You know what he's talking about.....?  Talk to Burtaon Mcintyre if you don't.....
It will get fixed
Bharat

 -----Original Message-----
From: 	Basu, Nilay
Sent:	Tuesday, October 09, 2001 9:17 AM
To:	Khanna, Bharat; Love, Phillip M.
Subject:	RE: Mappings

 Bharat ,
 I've done the mapping of omicron but you need to contact book administrators to do the sec-prim. mapping as I don't have permission to do that.

 Thanks.

 Nilay

 -----Original Message-----
From: 	Khanna, Bharat
Sent:	Tuesday, October 09, 2001 8:30 AM
To:	Basu, Nilay; Love, Phillip M.
Subject:	FW: Mappings

Hi Nilay,
Did you gets these taken care off?

The traders VaR is still not coming in correctly.  Let me know ASAP..........

Thanks

Bharat

 -----Original Message-----
From: 	Khanna, Bharat
Sent:	Friday, October 05, 2001 10:13 AM
To:	Basu, Nilay
Cc:	Copeland, James L.; McIntyre, Burton
Subject:	Mappings

Hi Nilay,
The curves below have not been mapped.  It's causing a problem with a traders VaR.

EMERSON-US/IM: Map to NG and to OMICRON_5

GDC-CHI./N/BORD: Map to NGI/CHI.GATE and OMICRON_11

GDP-EMERSON: Map to NG and OMICRON_5

IF-MONCHY: Map to NG and OMICRON_5

IF-NGPL/OK-NW: Map to and OMICRON_11

NGPL-IOWA-ILLIN:  Map to NG and OMICROM_11

Let me know when it is done...............

Thanks

Bharat


No, that's OK I suppose.  I just have some concern that at some point St.
Mary's may say they won't pay.  I'd like to obligate them while they're
willing.  Any way you see to do that and address your concern?

Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX  77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com

	Dan J Hyvl
	04/24/2001 09:52 AM

		 To: Teresa G Bushman/HOU/ECT@ECT
		 cc:
		 Subject: Re: St. Mary's Letter Agreement

Teresa,
 I think that the problem is what is meant by "these costs".  Currently we
think that it will be negative, but until we get the allocations, we won't
know.  That is the reason we want to go monthly.  Is there a problem getting
them to sign something if we need to do it for another month.  The terms may
be different with regard to next months deal.  Please advise.

	Teresa G Bushman
	04/24/2001 09:41 AM

		 To: Dan J Hyvl/HOU/ECT@ECT
		 cc: Charles H Otto/HOU/ECT@ECT, Joan Quick/Enron@EnronXGate
		 Subject: Re: St. Mary's Letter Agreement

But in any event don't we want St. Mary's to cover these costs?

Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX  77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com

	Dan J Hyvl
	04/20/2001 02:56 PM

		 To: Teresa G Bushman/HOU/ECT@ECT
		 cc: Charles H Otto/HOU/ECT@ECT, Joan Quick/Enron@EnronXGate
		 Subject: Re: St. Mary's Letter Agreement

Teresa,
 I have reviewed the revisions to the VPP transaction with Charlie Otto.  We
have a concern relating to the term.  The term of this letter should be for
the period ending April 30, 2001.  The reason for our reluctance in extending
the term is that we do not know what conditions Texas Gas may put on the next
OFO nor do we know what conditions El Paso may put on the processing.

	Teresa G Bushman
	04/19/2001 05:45 PM

		 To: Charles H Otto/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT
		 cc: Joan Quick/Enron@EnronXGate
		 Subject: St. Mary's Letter Agreement

Attached are the St. Mary's letter agreement incorporating some revisions
relating to the VPP transaction and a marked copy showing changes from the
last draft distributed.  Please let me know if you have any questions or
comments or advise Joan if these revisions are OK.  Thanks.

Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX  77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com


Steve,

While Enron's management teams are reviewing actions plans for the upcoming six to nine months, I understand that functional transition teams will be assembled to address the planned merger.  I would like to register my strong interest in assisting any transition team where my skills could add value. Prior to developing and supporting corporate as well as enterprise systems at Enron my career has spanned across General Electric Capital Services and ABB on a global basis. Much of this experience has included system integration and change management.

Let me know if you have any questions to the above.  Otherwise, I wanted to let you know of my interest and desire in working towards a successful transition for Enron.

Regards,

Allan Sommer
Enron ISC
713-345-5291


what's wrong with it sir?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, November 20, 2001 12:36 PM
To:	Nelson, Michelle
Subject:	RE:

i dont like the sir thing

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, November 20, 2001 12:35 PM
To:	Maggi, Mike
Subject:	RE:

:) i cna't be calm.  it's just not possible sir.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, November 20, 2001 12:34 PM
To:	Nelson, Michelle
Subject:	RE:

ok i was trying to be nice telling you to be calm and this is what i get

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, November 20, 2001 12:32 PM
To:	Maggi, Mike
Subject:

and don't send me a message back saying "we both know that's not true" or "no you don't" or whatever else you say because it is true!


I have updated the attached Emergency call list again for this month due to
the large volume of corrections received today. The next scheduled update is
the first week of June. If you have any corrections or additions, please get
them to me before the end of the current month.

Please do not make changes to the spread sheet. Forward all additions etc. by
e-mail.

Thanks,
Randy


FYI

 -----Original Message-----
From: 	Johnson, Jan
Sent:	Monday, September 17, 2001 3:23 PM
To:	Becker, Melissa; Butts, Bob; Castleman, Kent; Causey, Richard; Colwell, Wes; Dyson, Fernley; Hayslett, Rod; Hodges, Georganne; Lindsey, Mark E.; Marlow, Keith; Myers, Thomas; Price, Brent A.; Quaintance Jr., Alan; Roper, Kerry; Saunders, James; Schmidt, Mark; Selzer, Howard; Sommer, Allan; Sommers, Jeffrey E.; Sparger, Bob; Smith, Kirk; Stubblefield, Wade; Wasaff, George
Subject:	Sunrise update; Steering Committee meeting postponed

Due to Rick's leadership offsite, the Sunrise Steering Committee meeting this Wednesday morning has been rescheduled for October 2, 10am.  Because of that postponement, the October 17 meeting will be cancelled.

You may have heard that Mark Frank has moved to EES, where he will Controller for EnronDirect.  We will miss his day to day involvement, but he has expressed an interest in staying involved as a commercial user of the Sunrise data warehouse.

Here's where we are on the project.

We are on track for our September 30 data warehouse rollouts of earnings, AP and AR.  Testing is going well, and we appreciate each BU sending users to work with us to test the functionality.  There will be standard reports for each of those new content areas.  Be sure your BU is well represented in the training scheduled for the last 2 weeks of October!

Following the September 30 rollouts, we will have all of our originally planned content in the data warehouse, so we will be concentrating on increasing usage.  We have been presenting roadshows (demos that come to you), which we plan to expand.  In addition, we will be identifying power users in your group who will be experts at both SAP reporting and Business Objects reporting from the data warehouse, so they can advise others as to the best option for a specific reporting need.  Let me know who you'd like us to work with in your group.

The Adaytum planning model is nearly completed.  We are working with Steve Schwarzbach and Greg Adams to ensure that any changes to their excel templates will be incorporated into the model.  We will be running parallel for the 2002 Plan process that is due October 4 - excel templates will be turned in at that time, and the Adaytum model will be completed and reconciled back to the excel results shortly after that.  If your group would prefer to start with Adaytum, we have prepared excel output files and we will come and work with your planners at their desk to get them up and running.  Let us know when you want us to work with you.


What is the status on this meter?

Howard B Camp
01/28/2000 07:17 AM
To: Susan D Trevino/HOU/ECT@ECT
cc:
Subject: UA4

Susan,
Here is the note that I sent Daren .  I never have scheduled a Park and Ride
and have no idea on how this should be set up.
HC
---------------------- Forwarded by Howard B Camp/HOU/ECT on 01/28/2000 07:16
AM ---------------------------

Howard B Camp
01/27/2000 10:17 AM
To: Daren J Farmer/HOU/ECT@ECT
cc: Charlotte Hawkins/HOU/ECT@ECT, Anita Luong/HOU/ECT@ECT, Howard B
Camp/HOU/ECT@ECT, Rhonda Robinson/HOU/ECT@ECT
Subject: UA4

Daren,
Just a quick note to follow up on UA4 issues.

For desk to desk deals, we are keeping the entry on co 89 since there is not
a Co 16 contract with Co 16 and attaching an ECT transport contract to the
backscreen.

On Park and ride deals, I am under the impression that the Park and ride deal
would be booked to an 089 contract and cleared either intra month or in a
subsequent month.
If this is true, was it done by reversing out or offsetting the previous Co
89 entry.  I am not sure whether an ECT transport should be attached.  I hope
you have some insight on this issue.

Let me know
HC


Almost one month ago, Special Agent Carl Wake of the FBI called me about the
Steve Todoroff investigation.  He indicated that the FBI had recently learned
of the article about EOTT's NGL theft that appeared in the business section
of the Houston Chronicle.  Mr. Wake said it might be a matter the FBI would
like to investigate.  I told Mr. Wake that EOTT was currently working with
the Harris County District Attorney on the prosecution of this matter, and I
thanked him for the FBI's interest.  He told me that the FBI might want to
work with the Harris County District Attorney in investigating this matter,
and he stated that there may be investigative information that the FBI can
obtain more quickly than the Harris County District Attorney.  Mr. Wake
requested a copy of the materials we had provided to the Harris County
District Attorney.

In order to avoid damage to the good rapport we have established with
Assistant District Attorney Bill Moore, I asked John DeGeeter to call Bill
Moore and advise him of the contact that had been made by the FBI.  Bill
Moore agreed to call Carl Wake and work with Mr. Wake on his request for the
materials provided by EOTT.

Carl Wake called me again yesterday.  He has been working with Bill Moore.
Mr. Wake stated it was too early to speculate as to what charges would be
brought.  He did say that our materials clearly indicated federal wire fraud
and possibly mail fraud.  He said that where there is wire fraud, there is
usually money laundering.

The purpose of Mr. Wake's call yesterday was to inquire about the status of
some interview summaries that John DeGeeter and I have prepared and collected
at the request of Bill Moore.  Mr. Wake requested that EOTT send a copy of
the summaries to him when we sent the summaries to Bill Moore.  Those
summaries were sent out today.

I gathered from my calls with Carl Wake that the FBI is very interested in
taking an active part in this investigation.  In order to build on the
relationship we have established with Bill Moore, we will continue to direct
our inquires about the investigation to Mr. Moore until he tells us to do
otherwise.


BREAKING NEWS from CNN.com

-- On tape released by Pentagon, Osama bin Laden says hijackers "were trained" and says plan not revealed to them until "just before they boarded the planes."
Watch CNN or log on to http://CNN.com /AOL Keyword: CNN for the latest news.

********** Exclusive CNN Video ************************************
Watch the day's top stories with CNN's Quickcast. This constantly
updated Web exclusive newscast and more CNN video is only available
with RealOne. Learn more: http://www.cnn.com/quickcast/bnews
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http://cnn.com/EMAIL/breakingnews.html, go to http://cnn.com/email to
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An AOL Time Warner Company

CNN Interactive email id:1102111160324747


Hello:
A recent posting on the Enron bulletin board indicated that you are looking
for academic tutors.  I may be available to help at nights in math.  Can you
please respond with details about the program, how old the kids are, the
commitment required, etc.
Thanks,
John Arnold


Here is the latest version of the presentation.
Ben


Hello Geoff,

My name is Marko Ljuboja, and I am trading with Tom McCall on Southeast
basis desk for EntergyKoch.

In order to close my open positions with Enron, I would like to:

EntergyKoch to BUY:
Location:	Houston Ship Channel (HSC)
Period:		Jan-02 through Dec-05
Volume:	10,000 MMbtu's/day (one a day)

Please let me know what can we do.

Geoff, thank you very much for your help

Marko Ljuboja
(713) 544-5243


Dear PIRA Client:

Attached please find a PIRA Special Report entitled U.S. Government Revises
2000 Oil Demand Up By 1.1% Or 220 MB/D.

If you have any questions regarding this special report please contact Dr.
Gary N. Ross at 212-686-6808.

Regards,

PIRA Energy Group

 - 042701.pdf


Please email or call me with your comments.

_________________________
Gay Mayeux
Vice President, Investor Relations
Enron Corp.
1400 Smith Street, EB 4931a
Houston, Texas 77002

Phone:  713-853-9905
Cell:      713-416-8821
Fax:      713-646-3002
email:    gay.mayeux@enron.com


---------------------- Forwarded by Jeff Dasovich/SFO/EES on 09/01/2000 01:34
PM ---------------------------

"Karen Edson" <kedson@ns.net> on 09/01/2000 12:16:17 PM
To: "Baker Carolyn (E-mail)" <cabaker@duke-energy.com>, "Bill Carlson
(E-mail)" <william_carlson@wastemanagement.com>, "Bill Woods (E-mail)"
<billw@calpine.com>, "Curt Hatton (E-mail)" <curt.hatton@gen.pge.com>,
"Curtis Kebler (E-mail)" <curtis_l_kebler@reliantenergy.com>, "David Keane
(E-mail)" <dnke@dynegy.com>, "David Parquet (E-mail)"
<dparque@ect.enron.com>, "Duane Nelsen (E-mail)" <duanenelsen@msn.com>, "Ed
Tomeo (E-mail)" <ed.tomeo@uaecorp.com>, "Edward Maddox (E-mail)"
<emaddox@seawestwindpower.com>, "Eileen Kock (E-mail)" <eileenk@calpine.com>,
"Ellery Bob (E-mail)" <bellery@spi-ind.com>, "Escalante Bob (E-mail)"
<riobravogm@aol.com>, "Frank DeRosa (E-mail)"
<fderosa@sanfrancisco.usgen.com>, "Greg Blue (E-mail)" <gtbl@dynegy.com>,
"Hap Boyd (E-mail)" <rboyd@enron.com>, "Jack Pigott (E-mail)"
<jackp@calpine.com>, "Jan Smunty-Jones (E-mail)" <smutny@iepa.com>, "Jim
Willey (E-mail)" <elliottsa@earthlink.net>, "Joe Greco (E-mail)"
<joe.greco@uaecorp.com>, "Joe Ronan (E-mail)" <joer@calpine.com>, "John Stout
(E-mail)" <john_h_stout@reliantenergy.com>, "Jonathan Weisgall (E-mail)"
<jweisgall@aol.com>, "Katie Kaplan (E-mail)" <kaplan@iepa.com>, "Kent Fickett
(E-mail)" <kfickett@usgen.com>, "Lynn Lednicky (E-mail)" <lale@dynegy.com>,
"Marty McFadden (E-mail)" <marty_mcfadden@ogden-energy.com>, "Paula Soos
(E-mail)" <paula_soos@ogden-energy.com>, "Robert Lamkin (E-mail)"
<rllamkin@seiworldwide.com>, "Roger Pelote (E-mail)"
<rpelote@energy.twc.com>, "Steve Ponder (E-mail)" <steve_ponder@fpl.com>,
"Steven Kelly (E-mail)" <steven@iepa.com>, "Sue Mara (E-mail)"
<smara@enron.com>, "Tony Wetzel (E-mail)" <twetzel@thermoecotek.com>, "Trond
Aschehoug (E-mail)" <taschehoug@thermoecotek.com>, "William Hall (E-mail)"
<wfhall2@duke-energy.com>, "Richard Hyde (E-mail)" <rwhyde@duke-energy.com>,
"Sandi McCubbin (E-mail)" <smccubbi@ees.enron.com>, "Stephanie Newell
(E-mail)" <stephanie-newell@reliantenergy.com>, "Jeff Dasovich (E-mail)"
<jdasovic@enron.com>
cc: "Ann Kelly (E-mail)" <kelly@hnks.com>, "Bev Hansen (E-mail)"
<bhansen@lhom.com>, "Bob Judd (E-mail)" <caltech@ns.net>, "Govenar Scott
(E-mail)" <sgovenar@govadv.com>, "Hedy Govenar (E-mail)"
<hgovenar@govadv.com>, "Levake Barbara (E-mail)" <blevake@syix.com>, "Monagan
Mike (E-mail)" <mrmonagan@aol.com>, "Rob Ross (E-mail)" <robbiz@cwo.com>,
"Ron Tom (E-mail)" <rtom@govadv.com>, "Rudman Cary (E-mail)"
<cjrudman@softcom.net>, "Susan McCabe (E-mail)" <sfmccabe@mindspring.com>,
"Julee Malinowski-Ball (E-mail)" <jmball@ns.net>
Subject: Legislative Update

I will send out a real legislative report next week.  In the meantime, I
thought you might appreciate a quick run-down of what actually happened in
the final hours of this year's wild legislative session.

The good news is that the public benefit charge bill passed easily with a
10-year term and no statutory harm was done.  The bad news is that utilities
captured the deregulation debate and successfully painted generators as
villains and the wholesale market as "broken."

Major legislative actions on energy matters follow.  If you have any
questions or would like a copy of final legislation, please call.

AB 995 (Wright) and SB 1194 (Sher), which extend public benefit charges for
energy conservation, renewable energy development, and RD&D, passed the
State Legislature by large margins.  Recent indications are that the
Governor will sign the bills, although interested companies should join IEP
in sending letters urging him to do so.

Power plant siting was front and center the last week of the session.  As
recently as Wednesday of this week, the bill was so bad for new power plant
development that IEP opposed the expedited siting provisions.  They were
rewritten by Republican staff and CEC attorneys to provide a 6-month process
for a mitigated negative declaration of environmental impacts that might
help those few entities that can start the process in full compliance with
local rules.  This provision is available for both combined cycle facilities
and peaking facilities.  The bill also includes a provision for four-month
approval of amendments to pending applications providing for the
installation of temporary peaking generation  on sites that will be
developed into combined cycle facilities within three years.  The CEC
expects this to apply so a single pending application.  Finally, the bill
includes language directing the CPUC and the EOB to be helpful on ISO issues
that affect the willingness self-generators to remain interconnected with
the grid.

Utility efforts to craft legislation assuring them of collection of large
negative balances in their Transition Revenue Accounts failed when they
could not reach agreement with representatives of large customer groups.  In
its place, the Legislature passed a non-binding resolution directing the
CPUC to investigate the issue and including highly offensive language on
$100 price caps and retroactive recalculation of market clearing prices.
Legislation establishing a retroactive cap on SDG&E rates and providing no
assurance of cost recovery to Sempra passed the Legislature.  Companion
legislation that most observers expect the Governor to veto provides $150
million of General Fund money to SDG&E.

A draft of so-called "sunshine" legislation surfaced late in the process.
The draft empowered the Electricity Oversight Board to collect anything it
might be interested in from the ISO, PX, utilities, generators, and
marketers and to treat the information confidentially.  The draft faced
unified opposition and did not make its way into any legislation.

AB 1002 (Wright) establishing public benefit charges on the natural gas
system passed the Legislature.  It continues to include language exempting
electricity generation from the charges.

Karen Edson
kedson@ns.net
916/552-7070


TASK ASSIGNMENT

Status:		completed

Task Priority:		2
Task Due On:		1/24/2001
Task Start Date:	1/21/2001


SENT ON BEHALF OF MIKE BURKE

See attached EOTT Organizational Announcement


Tony, Rick

Our counsel has provided these drafts of the project documents.  Please
review.  We also anticipate sending out the turbine contracts later today.

Please be advised of our timeline.  Since we need to fund escrow by Wednesday
21 March, it is imperative that we are able to sign these documents on Friday
16 March.  It is our assumption there will be some lag between the obligation
to fund escrow and the actual transfer of funds.

Your comments to these documents are expected by Friday 9 March.

I also want to mention that Enron initiated the additional purchase of Power
System Stabilizers, which cost $31,675 per turbine.  PSS are required in the
WSCC, but you will have to  determine whether or not your particular project
would be required to install these in New England.  If you desire this
optional equipment, please reflect that cost in your final bid.

Steve
---------------------- Forwarded by Stephen Thome/HOU/ECT on 03/07/2001 10:20
AM ---------------------------


CALENDAR ENTRY:	REMINDER

Description:
	Russell on call

Date:		7/17/2001
Time:		8:00 AM (Central Standard Time)

Chairperson:	Stacey W White

Detailed Description:


Please make note,

 The staff meeting for next week will not take place on Tuesday, but as
follows:

     Thursday, January 18, 2001
        10:30 AM - 11:30 AM
           EB3270

Our staff meeting will resume as scheduled on Tuesday, January 23.

Thank you


I'm curious to know how my lack of recent correspondence translates to a
neglect of my brainpower. If I didn't know better, I'd say that was a purely
conceited statement. But, of course, being the buff brain-builder that I am,
I know it's not.

So how are things "down" there in Seattle? I've been meaning to check in with
you and Michael to make sure you didn't lose any limbs in the big Quake of
'01. By the sounds of it you've been left with at least your digits and a
little imagination, which isn't half bad compared to the poor capitol
building in Olympia, whose crumbling edifice has turned into another of those
perfunctory "news" stories begging the question, "Just how much will I ever
care?" Last evening's t.v. news actually had the bad sense to show footage of
city construction workers picking their noses atop the dome while a coiffed
blonde anchorwoman alerted viewers to the "urgency of the building's
reconstruction" due to its "inability to be inhabited until 2003." Is it just
me, or do t.v. newspeople seem to act stupid on purpose?

Speaking of stupid, what exactly is walpurgis night? And the Pogues? I
realize I'm showing my lack of culture here, but curiosity always overtakes
my elegant facade sooner or later. Speaking of elegant, we're having another
party! And Amber might actually show up for this one, being that it's purpose
is to celebrate her birthday. First weekend in April, April 7 to be exact,
we'll be the proud hostesses of a 25th birthday/costume party. I'd love for
you and Michael to grace us with your presence, but it sounds like you'll be
halfway across the globe by then. If plans change, and for your sake I
certainly hope they don't, give us a call or just drop in on the 7th.

I've got to run - there are energy crises to be mitigated, you know. But drop
me a message before you take off for wine country. And watch out for falling
pieces of crumbling buildings.

Kate

"Jordan Mackay" <jordanmackay@hotmail.com> on 03/12/2001 05:10:59 PM
To: "Kate Symes" <Kate.Symes@enron.com>
cc:

Subject: walpurgis night

hey there.

it's not walpurgis night that's coming up but St Patrick's day. That's when
the little leprechaun in me comes out with a vial of food color and turns
the beer of the city green. I also like to fling myself around to the
accompaniment of the Pogues.

i'm just saying hello. Haven't heard from you in a while, which I take to be
a good thing. It means that, like the rest of us, you are using only a
minimal percentage of your brain.

life has been speeding by here like a golden motorcycle. in two weeks I
leave for New Zealand and even more of my destiny. I don't know how long
I'll be gone, but I'm trying not to worry about it. Right now, I'm just
trying to keep from shivering--it's damn cold in here.

okay, enough rambling. obviously, i have nothing to say.

take care,
jordan


Ohh my poor ankle!!  Do you care?


All,

Attached, for your information, is  a copy of a general presentation that I
prepared to illustrate and describe EGM's businesses.  This is a presentation
that will become a "living" document to communicate our businesses and
growth.  I will be making numerous changes as we move closer to the analyst
meeting in January but I wanted to give everyone a copy of this version.

Please don't hesitate to call me if you have any questions or comments.

Mike


I doubt I'll get a chance to get down to Portland before you go.  In any
case, I wish you all success.

Stan

-----Original Message-----
From: Mary.Hain@enron.com [mailto:Mary.Hain@enron.com]
Sent: Friday, March 23, 2001 10:24 AM
To: David_Aamodt@pgn.com; dapnucc@teleport.com; dick@pnucc.org;
seabron.adamson@frontier-economics.com; Frank_Afranji@pgn.com;
raa@vnf.com; Joseph.Alamo@enron.com; ajaldrich@snopud.com;
Jeff.Alexander@enron.com; Al.Alexanderson@enron.com;
Keonee.Almaida@enron.com; hollis.alpert@ferc.fed.us;
Brenda.Anderson@enron.com; angles@howry.com; Alan.B.Aronowitz@enron.com;
gdb@vnf.com; npbaker@bpa.gov; ellen@tca-us.com; paulb@citizenspower.com;
paulb@citizenspower.com; garybarbour@email.msn.com;
jbartus@cammckenna.com; glynda.becker@mail.house.gov;
Samuel.Behrends@enron.com; bbennett@bpa.gov; sberman@hewm.com;
ramsen.betfarhad@mail.house.gov; KBILAS@SKADDEN.COM; sbooye@Skadden.com;
raymond.r.boyce@state.or.us; tbradley@bracepatt.com;
scott.brattebo@pacificorp.com; sbrose@steptoe.com;
sbuchheit@bracepatt.com; alanb@wutc.wa.gov; Jim.Byrne@enron.com;
vergil.cabasco@mail.house.gov; johncameron@dwt.com;
Doug.Carmichael@enron.com; Ed.Cassidy@enron.com; ajchambe@llgm.com;
Melissa.Chiechi@enron.com; elchristensen@snopud.com;
kevin.clark@ci.seattle.wa.us; rcloward@avistacorp.com;
david_cohen@rniinc.com; Bill.Comish@enron.com;
Victor.Contract@enron.com; powerlac@aol.com;
Frederick.Coolbroth@enron.com; michaelcorrigan@bchydro.bc.ca;
kcorum@nwppc.org; KCurry@bracepatt.com; wcurry@enron.com;
gdahlke@paine-hamblen.com; kadaly@mcimail.com; mday@gmssr.com;
dearing@chelanpud.org; tdeboer@paine-hamblen.com; Tom_Delaney@enron.com;
sdleonard@earthlink.net; dldorrell@stoel.com; Mary.Doyle@enron.com;
Jay.Dudley@enron.com; mce2280@idahopower.com;
michaelearly@earthlink.net; Katherine.Edwards@enron.com;
rle@givenspursley.com; imaxtrans@aol.com; Chris.Elliott@enron.com;
sandra.elliott@ferc.fed.us; kerwin@ect.enron.com; dezickson@mwe.com;
Jim.Fallon@enron.com; fallonr@howrey.com; Elias.Farrah@enron.com;
Michele_Farrell@pgn.com; dfaulk@puget.com; gfergus@brobeck.com;
Willard.Fields@enron.com; sfisher@avistaenergy.com; pfox@bracepatt.com;
Pat.Franklin@enron.com; John.Frazzell@enron.com; ericf@prestongates.com;
don.furman@pacificorp.com; segfurst@bpa.gov; Jackie.Gallagher@enron.com;
craiggannett@dwt.com; Alvaro.Garcia@enron.com; sbishop@gibbs-bruns.com;
wgibson@nwppc.org; ggilbert@ci.tacoma.wa.us; Pat.Gilman@enron.com;
Alex.Goldberg@enron.com; jlgreene@energyadvocates.com;
Chris_Groener@mail.house.gov; Mary.Groggin@enron.com;
Mark.E.Haedicke@enron.com; Stephen.Hall@enron.com;
steve.c.hall@enron.com; Leo.Hamblin@enron.com; whannaford@NWPPC.org;
jim.harding@ci.seattle.wa.us; rhardy@hardyenergy.com; kharri@puget.com;
Steve_Hawke@pgn.com; dhawkins@caiso.com; marc.hellman@state.or.us;
Scott.Helyer@enron.com; mhenry@bracepatt.com; dwmp@teleport.com;
rhornby@tca-us.com; mhornst@aol.com; dhuard@jmbm.com;
Marlene.Huntsinger@pgn.com; cfi1@tca-us.com;
Richard.Ingersoll@enron.com; pljacklin@stoel.com; montrey@aol.com;
danj@cfmdc.com; kgjohnson@bpa.gov; ljohnson@pwrteam.com;
Karen.E.Jones@enron.com; mkanner@kannerandassoc.com;
karid@perkinscoie.com; pkaufma@ect.enron.com; Paul.Kaufman@enron.com;
Jeffrey.Keeler@enron.com; Devon Kehoe; James.Keller@enron.com;
Joe.Kelliher@mail.house.gov; kkennedy@bdbc.com; Rick.Kessler@enron.com;
rdking@bpa.gov; Harry.Kingerski@enron.com; Harry.Kingerski@enron.com;
rsk@schwabe.com; gwilliams8@austin.rr.com; John.Klauberg@enron.com;
Holli.Krebs@enron.com; ekrogh@wiredweb.com; blafferty@avistacorp.com;
wdlamb@bpa.gov; John.Lamb@enron.com; Therese.Lamb@enron.com;
srlarson@bpa.gov; Cindy_Tatham@co.washington.or.us;
zora.lazic@bchydro.com; kaleathley@bpa.gov; pamela_lesh@pgn.com;
Debi.LeVine@enron.com; lcg@europa.com; doug.little@powerex.com;
Robert.Loeffler@enron.com; Chris.Long@enron.com; sjlong@bpa.gov;
rlopezv@www.conet.com.mx; david_lucio@iep.illinova.com;
king.lum@bchydro.bc.ca; kevin.lynch@pacificorp.com;
Mark.Maehr@enron.com; Randal.T.Maffett@enron.com;
John.Malowney@enron.com; Sueyen.Mao@enron.com; Susan.J.Mara@enron.com;
Susan.J.Mara@enron.com; Lee.Martin@enron.com; maurw@perkinscoie.com;
Wayne.Mays@enron.com; Michael.McCall@enron.com;
Sandra.McCubbin@enron.com; Travis.McCullough@enron.com;
Michael.McDonald@enron.com; brugen@erols.com; mckinley@wpuda.org;
mcm@vnf.com; mcnichol@wapa.com; shauna@pnucc.org;
Maureen.McVicker@enron.com; pmeringolo@brobeck.com; demetcalf@bpa.gov;
cemeyer@bpa.gov; jmilegich@sppc.com; fred_miller@pgn.com;
Jeffrey.Miller@enron.com; jerry.miller@pacificorp.com;
Laura.Miller@enron.com; scott.miller@ferc.fed.us; Bill.Miner@enron.com;
phil_moeller@gorton.senate.gov; pmohler@hewm.com; emoler@velaw.com;
nkmorgado@bpa.gov; Mike@tonkon.com; krmoxness@bpa.gov;
mmps@millcreeklaw.com; pmurphy@mbllp.com; terrym@millcreeklaw.com;
bmurtha@acy.sunint.com; Rich.Nassief@enron.com; tod@mgninc.com;
Douglas_Nichols@pgn.com; Patty.Nichols@enron.com;
Christi.Nicolay@enron.com; tmnoguchi@bpa.gov; darcy@tonkon.com;
Sarah.Novasel@enron.com; Sarah.Novosel@enron.com;
Tom.O'Donnell@enron.com; PObenchain@idahopower.com; Pegy.Olds@enron.com;
Carol.Opatrny@enron.com; tpaine@avistacorp.com; Dave.Parquet@enron.com;
bpascoe@mtpower.com; afpaschke@bpa.gov; ccperigo@bpa.gov;
wlpernas@stoel.com; lpeters@pacifier.com; jill@pnucc.org;
Mona.L.Petrochko@enron.com; npickover@bracepatt.com;
Phillip.Platter@enron.com; Alfred.Pollard@enron.com;
Walt.Pollock@enron.com; gporter@sppc.com; Kevin.M.Presto@enron.com;
jquint@puget.com; arlene.ragozin@ci.seattle.wa.us; maraschio@bpa.gov;
Dale.Rasmussen@enron.com; Scott.Rasmussen@enron.com;
Bobby.Reeves@enron.com; preiten@pngc.com; reyna2r@kochind.com;
shellyr@pacifier.com; Jeff.Richter@enron.com; raroach@bpa.gov;
atrodrigues@bpa.gov; rarogers@bpa.gov; peterroi@erols.com;
Rothfelder@rlo-law.com; Richard.Sanders@enron.com; jsaven@pacifier.com;
Michael.Schilmoeller@enron.com; jschlect@avistacorp.com;
Sabine.Schnittger@frontier-economics.com; Diana.Scholtes@enron.com;
Roger.Seifert@enron.com; Cara.Semperger@enron.com;
asettanni@bracepatt.com; Richard.Shapiro@enron.com; vsharp@enron.com;
msmith1@enron.com; Joshua.Sheinkman@enron.com; jshurts@nwppc.org;
Sid@enron.com; msizer@ci.tacoma.wa.us; slavens.paula@deps.ppl.com;
small@wrightlaw.com; small@wrightlaw.com; douglas.smith@ferc.fed.us;
Mike.Smith@enron.com; Roger.Smith@enron.com; Larry.Soderquist@enron.com;
Harvey.Spigal@enron.com; mstauffer@mtpower.com;
James.D.Steffes@enron.com; James.D.Steffes@enron.com;
mestewardpsedc@worldnet.att.net; JKStier@BPA.gov;
rbstrong@paine-hamblen.com; DASwanstrom@Verner.com;
Mike.Swerzbin@enron.com; tabors@tca-us.com; Ron.Tapscott@enron.com;
James.K.Tarpey@enron.com; Jake.Thomas@enron.com;
ryan_thomas@burns.senate.gov; jrt2058@idahopower.com; maryann@pnucc.org;
mtierney@sempra.com; robin_tompkins@pgn.com; Ann.Tumlinson@enron.com;
AW.Turner@enron.com; Sheila.Tweed@enron.com; Lisa.Urick@enron.com;
rvermeers@avistacorp.com; Frank.W.Vickers@enron.com;
John.Walley@enron.com; kristiwallis@sprintmail.com; walshl@howrey.com;
swalton@enron.com; Steve.Walton@enron.com; kaward@bpa.gov;
Kim.Ward@enron.com; Carol.Wardell@enron.com; dwatkiss@bracepatt.com;
sawatson@bpa.gov; judy.welch@NWPP.ORG; 211-6155@MCIMAIL.COM;
Kwenzel@zzz.com; cwestadt@sppc.com; Brian.Whalen@enron.com;
Bill.Williams@enron.com; klwmtp@worldnet.att.net; lyn_williams@pgn.com;
Greg.Wolfe@enron.com; Vickie.Wolk-Laniewski@enron.com;
Ed.Wood@enron.com; mwood@stoel.com; Steve.Wright@enron.com;
Teresa.L.Wright@enron.com; WSCC@enron.com; Charles.Yeung@enron.com;
Christian.Yoder@enron.com; Steven.J.Kean@enron.com;
Steve.Kean@enron.com; Travel.in.the.Park@enron.com;
D.Brett.Hunsucker@enron.com; Carla.Hoffman@enron.com;
Bernadette.Hawkins@enron.com; Joe.Hartsoe@enron.com;
Donna.Fulton@enron.com; Roger.Fragua@enron.com;
James.B.Fallon@enron.com; Michael.Etringer@enron.com;
Terry.W.Donovan@enron.com; Stacy.Dickson@enron.com;
Ginger.Dernehl@enron.com; Rhonda.L.Denton@enron.com;
Jeff.Dasovich@enron.com; Sean.Crandall@enron.com; Tom.Briggs@enron.com;
t.briggs@enron.com; Stacey.Bolton@enron.com; dbenevid@enron.com;
dbenevid@enron.com; Tim.Belden@enron.com; Robert.Badeer@enron.com;
Phillip.K.Allen@enron.com; Alan.Comnes@enron.com; Lysa.Akin@enron.com;
Portland.West.Desk@enron.com; assad@elektro.com.br;
Alan.Comnes@enron.com; Alberto.Levy@enron.com; Aleck.Dadson@enron.com;
Allison.Navin@enron.com; Amy.Fabian@enron.com;
Barbara.A.Hueter@enron.com; Bernadette.Hawkins@enron.com;
Bill.Moore@enron.com; cristinah@elektro.com.br;
Carlos.Gustavo.Azevedo@enron.com; Carmen.Perez@enron.com;
Carolyn.Cooney@enron.com; Charles.Yeung@enron.com;
Chauncey.Hood@enron.com; Chris.Long@enron.com;
Christi.L.Nicolay@enron.com; Cynthia.Sandherr@enron.com;
Damon.Harvey@enron.com; Dan.Staines@enron.com;
Daniel.Allegretti@enron.com; Dave.Mangskau@enron.com;
Donald.Lassere@enron.com; Donna.Fulton@enron.com; Eidy.Catala@enron.com;
Elizabeth.Linnell@enron.com; Frank.Rishe@enron.com;
Geriann.Warner@enron.com; Ginger.Dernehl@enron.com;
Gisele.S.Braz@enron.com; Gloria.Ogenyi@enron.com;
Guillermo.Canovas@enron.com; Harry.Kingerski@enron.com;
Howard.Fromer@enron.com; James.D.Steffes@enron.com;
Janine.Migden@enron.com; Javier.Pantoja@enron.com;
Jean.R.Dressler@enron.com; Jean.Ryall@enron.com; Jeff.Brown@enron.com;
Jeff.Dasovich@enron.com; Jeffrey.Keeler@enron.com;
Joao.Paixao@enron.com; Joe.Allen@enron.com; Joe.Connor@enron.com;
Joe.Hartsoe@enron.com; Joe.Hillings@enron.com; Jose.Bestard@enron.com;
Joseph.Alamo@enron.com; Kathleen.Sullivan@enron.com;
Kerry.Stroup@enron.com; Kikumi.Kishigami@enron.com;
Kirsten.Bellas@enron.com; Lara.Leibman@enron.com;
Laurie.Knight@enron.com; Leslie.Lawner@enron.com;
Linda.J.Noske@enron.com; Linda.Robertson@enron.com;
Lindsay.Meade@enron.com; Lisa.Yoho@enron.com; Lora.Sullivan@enron.com;
Luiz.Maurer@enron.com; Lysa.Akin@enron.com; Marchris.Robinson@enron.com;
Marcia.A.Linton@enron.com; Marcie.Milner@enron.com; Mary.Hain@enron.com;
Maureen.McVicker@enron.com; Melinda.Pharms@enron.com;
Michelle.Belzak@enron.com; Mona.L.Petrochko@enron.com;
Nancy.Hetrick@enron.com; Patrick.Keene@enron.com; Ray.Alvarez@enron.com;
Rebecca.W.Cantrell@enron.com; Ricardo.Charvel@enron.com;
Richard.Ingersoll@enron.com; Richard.Shapiro@enron.com;
Robert.Frank@enron.com; Robert.Hemstock@enron.com;
Robert.Neustaedter@enron.com; Robin.Kittel@enron.com;
Ron.McNamara@enron.com; rboston@enron.com; Rubena.Buerger@enron.com;
Sandra.McCubbin@enron.com; Sarah.Novosel@enron.com;
Scott.Bolton@enron.com; Sergio.Assad@enron.com; Stella.Chan@enron.com;
Stephen.D.Burns@enron.com; Steve.Montovano@enron.com;
Steve.Walton@enron.com; Steven.J.Kean@enron.com; Sue.Nord@enron.com;
Susan.J.Mara@enron.com; Susan.M.Landwehr@enron.com;
Terri.Miller@enron.com; Thane.Twiggs@enron.com; Tom.Briggs@enron.com;
Tom.Chapman@enron.com; Tom.Delaney@enron.com; Tom.Hoatson@enron.com;
Tracy.Cooper@enron.com; Valeria.Lima@enron.com; Vinio.Floris@enron.com;
Xi.Xi@enron.com; Steven.J.Kean@enron.com; Jeffrey.Keeler@enron.com;
Christi.L.Nicolay@enron.com; Sarah.Novosel@enron.com;
Robert.Frank@enron.com; Lara.Leibman@enron.com; Gloria.Ogenyi@enron.com;
Richard.Shapiro@enron.com; Leslie.Lawner@enron.com;
Paul.Kaufman@enron.com; Aleck.Dadson@enron.com;
Daniel.Allegretti@enron.com; Howard.Fromer@enron.com;
Joe.Hartsoe@enron.com; rboston@enron.com; Janine.Migden@enron.com;
Christie.Patrick@enron.com; Jane.Wilson@enron.com;
Rhonda.L.Denton@enron.com; kmagruder@newpower.com; scovino@newpower.com;
Rebecca.Carter@enron.com; Shelley.Corman@enron.com;
Janet.Butler@enron.com; Kevin.M.Presto@enron.com;
Brad.Richter@enron.com; Greg.Piper@enron.com; Kevin.McGowan@enron.com;
Kim.Ward@enron.com; Leslie.Reeves@enron.com
Subject: I'm Leaving Enron

I am going to be the Senior Regulatory Counsel at ISO New England starting
on April 9, 2001.   My last day in the Portland area will be March 31,
2001.  I enjoyed working with you and wish you the best of everything.  My
new address will be:

Mary Hain
Senior Regulatory Counsel
ISO New England Inc.
One Sullivan Road
Holyoke, MA  01040-2841
(413) 535-4000
mhain@ISO-NE.com


Audrey and Steve --

From your Start menu select Programs, Business Applications, TW -- you should have several apps under that.  You must select each app and wait for the install.  Should only take a few minutes and will only happen the first time or after application updates.  Give me a call if you have any questions.  Thanks.  Jean   cell 713-859-6238

I am out of office on vacation today... but feel free to give me a call if you have questions.

Blackberry Update:

Since we are having problems getting the actual hardware for the Blackberry devices, Corp is providing us with one.  I asked Karon to give the Corp team the info required and they are working on changing the "owner" info.  Hopefully, you should have it today or tomorrow.  I have already sent Karon a follow-up email to check the status.


All:

Attached is our memo describing today's hearing.

Kimberly A. Curry
Bracewell & Patterson, L.L.P
2000 K Street, N.W.
Suite 500
(202) 828-7623 (phone)
(202) 857-2107 (fax)
kcurry@bracepatt.com

 - cpuc.doc


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact John Graziano regarding PIRA report distribution and address changes
at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that are
unsure of their licensed distribution or require an extension of their
current license should contact their PIRA sales representative, or email to
sales@pira.com.

PIRA Energy Group

 - ed051701.pdf
 - ed051701.xls


Please see attached files. Shouan

 -----Original Message-----
From:  Griffith, John
Sent: Wednesday, May 09, 2001 12:00 PM
To: Tang, Shouan
Cc: Wong, Jeremy; McLaughlin, Errol
Subject: Re: break down of vega by deal_num for 1131737

I really need to see it by month.  Can you pull this info by month?  Thanks.

John


The operations information you requested should now be directed to Robert
Morgan in Facility Planning.  I forwarded the sheets you left in my office
last week to Robert for his review.  I handled this request before when I was
in Facility Planning, but Robert has now taken my place.  Shonnie Daniel will
work with you from the Legal Group perspective to give you any help you need.

Juanita Marchand
09/10/99 01:37 PM
To: Gerald Nemec/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT
cc:
Subject: Blanket Authorization Follow-up

 Please advise as to the status of the information requested for the 1999
Blanket Authorization for LRP.
Juanita


alright i would do davis,schroeder, and harris, for faulk and connell

Phillip M Love
08/24/2000 09:42 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: faulk

Thanks anyway.
PL


Three weeks ago I started a 15 minute meeting in my office on Monday mornings for a key group working on the commercialization effort of mid and back office services.  Attendees are my key operations personnel involved, Todd Busby (for a preview of what's to come), Rahil and Fred Philipson.  The purpose of the meeting is to review progress on items agreed to for the previous week and to establish priorities for the current week.  I have been capturing all of this on the white board in my office to date.  Today I decided to recap in writing for everyone.  Thought that you might be interested.  Open the attachment to the e-mail below.  This way you will know more of the details of our efforts each week.  --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 04/23/2001 03:21 PM ---------------------------

	Enron North America Corp.  From:  Sally Beck                           04/23/2001 03:22 PM

To:	Bob M Hall/NA/Enron, Robert Superty/HOU/ECT, Leslie Reeves/HOU/ECT@ECT, James Scribner/Corp/Enron@Enron, Beth Apollo/HOU/ECT, Todd Busby/NA/Enron@Enron, Fred Philipson/Corp/Enron, Rahil Jafry/HOU/ECT
cc:	Greg Piper/Corp/Enron
Subject:	Recap of 4/23 Meeting on Commercialization

The attachment below recaps our meeting from this morning.  Highlights from last week are noted and commitments for this week are detailed as well.  Let me know if anything has been left off the list.  --Sally


---------------------- Forwarded by Richard Shapiro/NA/Enron on 01/12/2001
04:56 PM ---------------------------

David.Wilcox@do.treas.gov on 01/12/2001 04:51:26 PM
To: David.Wilcox@do.treas.gov, Lee.Sachs@do.treas.gov,
Chris.Soares@do.treas.gov, martha.altamar@ferc.fed.us, alexm@calpine.com,
jmacias@calpine.com, jason_s._seligman@cea.eop.gov, shg@cpuc.ca.gov,
Michelle.Greene@do.treas.gov, Ray.Squitieri@do.treas.gov,
Veronica.Stokes@do.treas.gov, eisenstatl@DSMO.com, sbvanleer@duke-energy.com,
joel.newton@dynegy.com, lynn.lednicky@dynegy.com, smara@enron.com,
linda.lee@ferc.fed.us, dan.poffenberger@ferc.ged.gov.treas.gov,
pmohler@hewm.com, richard.glick@hq.doe.gov, smutany@iepa.com,
karen.tomcala@pge-corp.com, cxg2@pge.com, DxH4@pge.com, RMK4@pge.com,
joebob-perkins@reliantenergy.com, marvin_k_ballard@reliantenergy.com,
KMcCrea@sablaw.com, fieldejr@sce.com, harold.ray@sce.com, dreed@sdge.com,
wsakaria@sdge.com, rahayes@seiworldwide.com, sjcapoma@seiworldwide.com,
mtierney@sempra.com, sonnet.edmonds@southernenergy.com, cread@steptoe.com,
temoreland@swidlaw.com, julie.greenisen@troutmansanders.com,
alex.goldberg@williams.com, ain@worldnet.att.net, ADMIN@do.treas.gov,
ronald_minsk@opd.eop.gov, jmdonnell@duke-energy.com,
hjpodewer@duke-energy.com, bbailey@duke-energy.com,
njdeschane@duke-energy.com, wfhall@duke-energy.com,
sbvanleer@duke-energy.com, rmk4@pge.com, ddr0@pge.com, rjp2@pge.com,
starckle@sce.com, john.gammie@williams.com, reharris@seiworldwide.com,
smfuller@seiworldwide.com, dlmiller@seiworldwide.com,
jwholden@seiworldwide.com, richard.shapiro@enron.com, robert.badeer@enron.com
cc: Gaylen.Barbour@do.treas.gov, curtis.wagner@ferc.fed.us

Subject: RE: California Energy Group e-mail  TEST MESSAGE

?
?

?
 - Final pt1.doc
 - Final pt2.doc


---------------------- Forwarded by Tana Jones/HOU/ECT on 10/12/99 09:04 AM
---------------------------

Michael R Brown
10/12/99 02:46 AM
To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: Legal Conference

Not Jon .
Just me , Justin and Paul .
Incidentally , I have told about four different people this .
Michael


The deals included below are strictly index flat gas daily options.  I'm
going to send Shouan an Index +/- deal as well so that he can verify that the
basis offset is valuing correctly in both situations.

---------------------- Forwarded by Susan M Scott/HOU/ECT on 11/29/2000 09:03
AM ---------------------------

Shouan Tang
11/28/2000 06:00 PM
To: Susan M Scott/HOU/ECT@ECT
cc: Jeremy Wong/HOU/ECT@ECT
Subject: gas daily forward start options__ Modified Valuation Version

Hi Susan,

I changed the code so that it feeds the Ostrip model as Larry requested by
using the formula to derive BasisOffset. In the attached file is the
comparison between the old valuation and the one after the modification.
Please note the changes on the premiums. Please let me know if you or Larry
have any questions/comments on this.

Shouan


Mark:

I'm getting calls from different people with AA requesting copies of all "legally approved" confirmation templates.  I've had requests today from two different people with respect to power and rate/FX.  Do we have a formal process for  approving templates?  Where are the templates kept and how does legal know if they have been changed?   Have similar requests been made for other products?  There does not seem to be any sort of AA uniform deadline for submitting the templates.

I've asked AA to advise you so that we can all be consistent in our responses.

Thanks.  Sara

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


Lisa
FYI
Carol
---------------------- Forwarded by Carol St Clair/HOU/ECT on 04/18/2000
05:08 PM ---------------------------

Harry Lee Stout <hls@KCSEnergy.com> on 04/18/2000 03:28:44 PM
To: "Carol St Clair (E-mail)" <Carol.St.Clair@enron.com>
cc:
Subject: pain in the ??

I hate to keep asking "what can I do to help the process along" but I am.
My understanding is that our attorney, Mike Kessler, has faxed the motion
back to Enron and is waiting for a go ahead before we have it filed.  Should
you need me to come downtown to sign any of the amendments, or explain what
we are doing, please do hesitate to cal me at 713-964-9444


CALENDAR ENTRY:	APPOINTMENT

Description:
	EB3321 - Exposures Mtg.

Date:		1/23/2001
Time:		2:30 PM - 3:00 PM (Central Standard Time)

Chairperson:	Stacey W White

Detailed Description:


What would you say to the 24th (2nd round) and the 31st (3rd round) picks for
your 2nd and your 6th pick?


Here you go.  Who's Ugoretz?

Happy Yom.

Best,
Jeff


Dear Mr. Kaminski,

It was very nice to talk with you Saturday morning during the "voleyball
event".  Thanks a lot for offering your help in passing my resume to the
EnronOnline business people.  I am very excited about the possibility of
being part of the team involved with e-commerce at Enron.  Please find my
resume and cover letter attached.

Hope you have a good trip to California next week!

Thanks a lot

Carla Di Castro
(Paulo Issler's spouse)

 - Cover Letter-Enron.doc
 - Resumenovo.doc
----------------------------------------------------------------------------
Carla Di Castro
phone(281)565-4283
pager(281)527-6073


Your message

To:      rainlie@isda.org
Subject: Re: Energy Seminar in Japan
Sent:    Wed, 13 Dec 2000 09:50:22 -0500

did not reach the following recipient(s):

rainlie@isda.org on Wed, 13 Dec 2000 09:45:11 -0500
The recipient name is not recognized
The MTS-ID of the original message is: c=US;a=
;p=ISDA;l=ISDANT10012131445YWDNT4S6
MSEXCH:IMS:ISDA:ISDANY:ISDANT1 0 (000C05A6) Unknown Recipient

Message-ID: <OFB111E01F.34493E43-ON862569B4.00514930@enron.com>
From: Mark.E.Haedicke@enron.com
To: rainlie@isda.org
Subject: Re: Energy Seminar in Japan
Date: Wed, 13 Dec 2000 09:50:22 -0500
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2650.21)
X-MS-Embedded-Report:
Content-Type: text/plain; charset="iso-8859-1"

I am hearing that it may be premature to do an ISDA energy conference in
Tokyo because almost all the products being discussed so far are physical.
What do you think?

Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 12/13/2000 08:47 AM -----

Jane

McBride@ENRON        To:     Mark E Haedicke/HOU/ECT@ECT

cc:     Alan Aronowitz/HOU/ECT@ECT,
rainslie@isda.org@ECT, Jonathan
12/13/2000           Whitehead/AP/Enron@Enron, Morten E
Pettersen/AP/Enron@Enron, Mark
01:22 AM             Tawney/HOU/ECT@ECT

Subject:     Re: Energy Seminar in
Japan(Document link: Mark E Haedicke)

Hi Mark,

There will be a one-day WRMA conference here (Morten Erik and Mark Tawney
are involved in these arrangements and Mr. Wani, lawyer of local derivative
fame will be talking at the conference) in late Feb or early March.  Date
will be fixed later this week, likely to be March 5.

Jane

Mark E

Haedicke@ECT         To:     Jane
McBride/AP/Enron@Enron, Alan Aronowitz/HOU/ECT@ECT
cc:     rainslie@isda.org

2000/12/13           Subject:     Energy Seminar in
Japan
07:38

Jane:

ISDA is planning an energy seminar in Tokyo in mid-May.  We have heard
there may be an energy seminar in March or April in Tokyo.  Have you heard
of the earlier seminar?  We are trying to decide whether it makes sense to
go forward on the May seminar.  Could you look into this and talk to the
traders.

Thanks for your help.

Regards,

Mark


fyi
 -----Original Message-----
From: 	Fleming, Rosalee   On Behalf Of Lay, Kenneth
Sent:	Friday, November 02, 2001 11:51 AM
To:	Koenig, Mark; Kean, Steven J.; Palmer, Mark A. (PR); Derrick Jr., James; Tilney, Elizabeth; Whalley, Greg; McMahon, Jeffrey; Bowen Jr., Raymond
Subject:	FW: AFL-CIO Press Release

Press release attached.

 -----Original Message-----
From: 	"Damon Silvers" <Dsilvers@aflcio.org>@ENRON
Sent:	Friday, November 02, 2001 11:18 AM
To:	Lay, Kenneth
Subject:	AFL-CIO Press Release

Ken,

The attached was inadvertantly omitted from my earlier  email.  My apologies.

Damon A. Silvers
Associate General Counsel
AFL-CIO
815 16th Street, N.W.
Washington, DC 20006
(202) 637-3953
fax (202) 637-5323DSilvers@aflcio.org

 - AFL-CIO Enron press release.doc


Tony, call Rebekah at the number below.
kh
-----Original Message-----
From: Rebekah Rushing [mailto:rushingmk@surfmk.com]
Sent: Friday, December 14, 2001 9:34 AM
To: Hyatt, Kevin
Subject: Fw: Your help is greatly appreciated in getting the word out

Kevin,

It was good to talk with you this morning.  As mentioned to you yesterday, following is some information on a project that I've been working on.  I'd appreciate your assitance in getting the word out regarding this project.

As you are aware, there are many families that have been affected by the recent layoffs at Enron.  I along with two other ex-employees (Karen Cutler and Sue Nix) have been working on a project which will provide assistance to ex-employees of Enron. We wanted to do something to help our fellow employees and also provide a tool that others could use to provide assistance to ex-Enron employees.   Just think, if 100 people donated $50 each that would be $5000 that we could give to ex-employees for assistance as needed for basic necessities (such as money for food, to pay their rent/mortgage, or utilites).  I know the ex-employees would really appreciate this assistance.  I've already started getting e-mails at eerfarequest@surfmk.com <mailto:eerfarequest@surfmk.com> requesting assistance.  We've set up guidelines on how we'll be distributing the funds. This week, we've been working with an attorney and a local bank. An account has been set up where people can make contributions. All the money will be given back to ex-Enron employees that need assistance with basic necessities, such as money for food, rent/mortgage payments, and utilities. We've contacted the local media with the information so that the community can be made aware of what we're doing. Our ability to provide assistance will be based on the response we receive.  As you can see, we're using our values from Enron to help others, and would appreciate your assistance with communicating this information to the current Enron employees.

Please send this information in a general announcement to the current Enron employees so they can be aware of a way to help their fellow ex-employees.  If you need to speak with me or have any questions, I can be reached at 281-812-2466.

Contributions can be made to:

Humble Community Bank
1515 FM 1960 Bypass East
Humble, Texas 77338
281-540-1414
Account name: E.E.R.F.A. (stands for Enron Ex-Employee Relief Fund Account)

Assistance requests for basic needs from ex-employees of Enron can be sent to:
e-mail: eerfarequest@surfmk.com <mailto:eerfarequest@surfmk.com>
fax: 281-812-2543

Thank you in advance for assisting with getting this information out.  I hope that you and your family have a Merry Christmas and a Happy New Year!

Rebekah Rushing


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This email was sent to:  pkeavey@ect.enron.com


Please see below this week's edition of GlobalFlash!

Regards,

Tracy
---------------------- Forwarded by Tracy Ralston/EU/Enron on 08/12/2000
11:13 ---------------------------

	From:  Enron Europe General Announcement @ ECT
08/12/2000 11:12

Please respond to Jackie Gentle/LON/ECT
To: ECT Europe, ECT Asia Pacific
cc:

Subject: Newsletter: GlobalFlash!

BUSINESS HIGHLIGHTS

Enron Direct
Enron Direct was recently cited by Ofgem for high complaint levels with
regard to account complaints per total customers served.  Enron Direct views
the Ofgem customer service measures very seriously and is committed to
improving all aspects of its customer service - even while enjoying continued
strong growth in its retail commodity business.   However, the account
complaint level measure is particularly biased against fast-growing new
entrants like Enron Direct.  Since all of Enron Direct's customers have
recently switched suppliers - which is when most complaints occur - and our
total customer base is far lower than that of the RECs, our account complaint
levels per customer tend to appear inflated versus the REC peer group.   In
fact, Enron Direct's complaint levels for both transfers (i.e., switchers)
and mis-selling, as measured by Ofgem, were well below industry averages.
While we are not yet best-in-class, Enron Direct's portrayal as an industry
laggard in any aspect of customer service is misleading.  Stay tuned.

Relations with UPM-Kymmene
As previously announced, Enron Nordic Energy has entered into a two year
energy portfolio management agreement with UPM-Kymmene, the forestry industry
enterprise.  This deal creates huge potential for business opportunities
across a wide range of areas for Enron.

As part of the agreement, UPM-Kymmene has requested a dedicated account
manager in Oslo.  In order to comply with this request, we have appointed
Sami Tenngren on a full time basis to establish the operational framework and
to coordinate all Enron relations with UPM-Kymmene regarding power related
issues.

It is important that all Enron businesses take advantage of this unique
opportunity to generate profitable business relations with UPM-Kymmene. If
you would like to discuss new business opportunities related to worldwide
power with UPM-Kymmene, please contact the Nordic Origination Team. Please
also keep us informed about any other business development issues related to
UPM-Kymmene within other parts of Enron.

Weekly EnronOnline Figures
Below are the latest figures for EnronOnline as of December 6, 2000

* Total Life to Date Transactions > 503,940
* Life to Date Notional Value of Transactions > $301 billion

Worth noting, EOL did $6.7 billion worth of US business on December 4, 2000!

Australia
The Sydney Metals Desk is now fully manned. Welcome to Owen Murphy,  Max
Sobal and Robert Heynen to the Sydney Office.  The Metals Group is already
reviewing the possibilities of utilising the existing metals customer base in
Australia to expand these relationships to include power supply/pricing, a
large component of overall costs.  While it is early days, our preliminary
discussions on the idea of pricing for power in relation to metal price is
receiving a positive response.

ENRON IN THE PRESS

Virtual tanker swaps generate $5m freight in real terms
The inclusion of tanker swaps on Enron's online Internet trading platform in
early October has already generated trade for 600,000 tonnes of tanker
freight derivatives contracts worth the equivalent of $5m of freight in real
terms - and all based on just one tanker route.

Volatility in the tanker physical sector prompted Enron to add tanker swaps
to its new online platform.  Enron Director, Scott Moncrieff, told Lloyd's
List: "The reason we started tanker forward freight agreements was because of
the volatility.  We are experiencing the highest levels of volatility since
the Gulf War."

Based on existing figures, the Enron team believes that growth in the
physical market will fuel freight swaps demand.  Mr Moncrieff said: "The
market for physical tanker freight will be over $10b in 2001.  This will
obviously expose a lot of people to risk.  We want to give our customers as
many options as possible so that it reflects their fleet."  Lloyds List

Enron lines up the big players
Enron is on line to introduce big players into the dry bulk freight
derivatives market in the new year.

Enron's Pierre Aury, told Lloyd's List:  We are now meeting with banks and
some have volunteered to trade on behalf of their shipping customers.
Hopefully by early next year we should see the first trades with these new
players."

After entering the shipping freight swaps market earlier this year, the
EnronOnline initiative has generated plenty of business, and has, its
creators hope, contributed towards liquidity in the other freight
over-the-counter markets.

While Enron would like to see even more business come its way, surprise has
been expressed at how quickly the online market has become established.

"We thought it would have taken longer to take off but we have reached close
to 1.5m tonnes (dry bulk freight swaps) traded online.  Some days we are
doing more than the over-the-counter markets.  Our dream target would be to
double trade on the forward freight agreement market reasonably quickly,"
said Mr Aury. Lloyds List

Chance for competitive market.  Enron wants to trade with Polish energy.
"Experience from West European markets shows, that liberalisation leads to a
decrease in energy prices for end-users, especially plants and companies.
Competition and the TPA rule gives freedom of choice of contractor, and
allows implementation of risk management tools.  It also allows potential
investors to objectively evaluate analysed enterprises based on market
research," said Jarek Astramowicz.  Parkeit (Polish national daily)

NEW STARTERS

A warm welcome this week to Oliver Fincke (Global Finance), Alex Parsons
(Public Relations), Karin Ahamer (Executive), Julie Russell (Legal), Yvonne
Scorer (HR), Paul De Canha (Fin Ops Glob Systems), Gavin Greenan (IT Front
Office), Phillip Edwards (Trade Accounting), Karen Tomlin (Global Operation),
Malak Hamed (Fin Ops Fin Rptg), Cassandra Chinkin (Underwriting), John
Grounds (EES EAM Dev & Eng), Kevin Heffron (Metals - Brok&Trad), Horst Jauk
(Gas Analytics), Marcus Jagdeo (Research & Trading Controls), Peter Pentecost
(EES T&P Exec), Melissa Allen (Fin Ops Exec), Cecelia Turriago (Metals
Business), Anna Aslanyan (Research & Trading Controls).

FLORA LONDON MARATHON 2001

Enron Europe has secured 10 places in the Flora London Marathon which takes
place on the 22nd April 2001.  Places will be given to those who pledge the
most money and give a non-refundable cheque (minimum o500) as a deposit.  The
money can then be given to a charity of your choice.  Those who wish to apply
should email adrian.watts@enron.com with their choice of charity and the
amount they wish to pledge!  Entries and cheques should be in by Monday 18th
December 2000.

GOT SOME LOOSE CHANGE?  TIME TO CLEAN OUT THOSE DESK DRAWERS. . .

You've all heard the reminders that we like to maintain a clean desk policy
here at Enron House, but have we told you about the clean desk drawer policy,
too?  Starting next week we plan to give everybody a fabulous opportunity to
clean out their desk drawers and off load all those pesky pennies, francs,
lira, escudos, pesetas, rupees, drachma, schillings, deutsch marks, dollars
and any other foreign currency you have kicking around in your drawer into
the two big blue bins in the Forum.  UNICEF and Enron have teamed up to give
you a chance to make a fresh start in the New Year with a change-free
drawer.  So, join in the fun and empty out those rattling desk drawers --
'cause we'll be calling a desk check come the end of January!  Oh, and yes,
if you want to turn over a new leaf at home for the New Year, then gather up
your loose change and drop it off in one of the bins on your way upstairs.
The small print: All loose change will be collected by Travellex foreign
currency exchange bureau for counting and, in the case of foreign currency,
will be exchanged at market rates into pounds sterling.   The money will then
be donated to UNICEF -- the United Nation's Childrens Fund -- to support,
among other projects, their worldwide child care immunisation and clean water
schemes.

QUIZ OF THE WEEK

A bottle of champagne to the winner of this week's quiz.........

What is the longest word that can be made from this set of letters using each
letter only once?

T A R M U H I E C


fyi
---------------------- Forwarded by Lisa Lees/HOU/ECT on 02/16/2001 05:00 PM
---------------------------

From:  Lara Fields
 02/16/2001 11:26 AM

To: Enron London - EOL Product Control Group/LON/ECT@ECT, Product Control -
Houston, EOL Call Center
cc: Denis O'Connell/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Mark
Dilworth/LON/ECT@ECT, Alan Merson/EU/Enron@Enron
Subject: Access Rights for Credit Instruments

Hi guys,

We're launching (new) Bankruptcy Swaps and brand new Credit Default Swaps on
Monday.

As usual there are 'special' rules that surround these products.  I'm in the
process of setting all the Guest Profiles to reflect these rules but wanted
to pass the information on for PAs that we receive.
Houston- can you please forward to your appropriate Legal teams?  if they
have specific questions regarding these products or the legal framework
surrounding them, please refer them to Denis O'Connell, the London lawyer who
has worked on the GTCs etc.

 Credit Default Swaps
You have to be a special kind of counterparty to trade these products (please
see Denis for required documentation needed) and they are taking a very
targeted marketing approach to their customers.  Because of this (for now)
only US and UK counterparties can have View access.

Bankruptcy Swaps - we used to have 5 product types for Bankruptcy Swaps (Nor,
UK, US, SE, FI) but these have been consolidated under new terms into 1
(Global) Bankruptcy Swap.  The other 5 product types will be moved to
Inactive as they have never traded.

Also, a new Web Filter will be used to pull in the new Bankruptcy and Credit
Default Swaps - Global Credit Instruments.  Please advise any customers to
use this web filter to view the products (provided they are in a country who
has been approved to View/Trade them).

Please reference the table and the list below for information on Guest Access
for the different Countries.

If you have any questions at all, please give us a call.

Lara
---------------------- Forwarded by Lara Fields/LON/ECT on 16/02/2001 17:18
---------------------------
From: Lara Fields on 16/02/2001 11:16
To: Denis O'Connell/LON/ECT@ECT
cc: Alan Merson/EU/Enron@Enron, Justin Boyd/LON/ECT@ECT

Subject: Access Rights

Hi Denis,

I'm trying to figure out what the 'Rules' are for the Bankruptcy and Credit
Default Swaps go as far as Guest Access to EnronOnline.

Based upon your profile spreadsheet from Wednesday, here's what it looks
like.  Please let me know if there are any differences as I will be
communicating these rules to the London and Houston Product Control Groups.

Also, can you please tell me which countries Could and Could Not trade the
two products (with proper certification in place of course).  As discussed
earlier this week, I believe you will be communicating this to the Houston
Legal team directly... so I'm just asking as an fyi.

Thanks,
Lara

In the table below - 'N' means the country can Not View the products, 'R'
means the country can View the products

Also can you please tell me what the rules are for the following countries
for both Bankruptcy and CDS:
Per Denis O'Connell, none of the below Countries can have VIEW access to
either CDS or Bankruptcy Swaps


Now that the team is yours and you have divided them accordingly, do we have a draft of a consistent presentation that we will show to get clients interested in product 1 or 2?

Thanks.

GP


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