Rick,

I am nominating Rakesh Bharati to serve on the Operational Risk Committee.

Vince

 -----Original Message-----
From: 	Heathman, Karen K.   On Behalf Of Buy, Rick
Sent:	Tuesday, October 02, 2001 11:26 AM
To:	Causey, Richard; Beck, Sally; Pickering, Mark; Gorte, David; Dyson, Fernley; Jordan, Mike; Colwell, Wes; Kaminski, Vince J; 'thomas.h.bauer@us.andersen.com'
Cc:	Kilchrist, Shawn; Bharati, Rakesh; Walker, Mark A.; 'john.e.sorrells@us.andersen.com'
Subject:	Operational Risk Management

As you are all aware, the latest Risk Management Policy specifically addresses Operational Risk, and more specifically commits Enron to develop systems and processes that enable Enron to better evaluate its operational risk.  To that end, I have asked Wanda Curry to lead a cross-functional team (the "Operational Risk Committee"), which will be jointly accountable for meeting this commitment. I would like to have representatives from Enron Assurance Services, RAC, Research, Information Technology, GRMO and Arthur Anderson.

Enron's primary objective for monitoring its exposure to operational risk is to (a) identify the derivation of operational risk exposures and (b) improve the Company's systems and processes to mitigate such risk. The guidelines for operational risk assessment are essentially undeveloped.  It will be our challenge to identify, assess, categorize, quantify and mitigate exposure to operational risk.

The risk capital allocation process includes the consideration of operational risk.  Initially, this assessment will be based on a qualitative view of the business unit's internal processes, people and systems. The initial goal, for completion prior to year-end 2001, is to establish a baseline and/or report card to convey a sense for where we are now.  It is Enron's objective, as reflected in the Risk Management Policy, to increase the sophistication of risk measurement for operational risks through documented qualitative assessments and quantitative measurements.

A list of additional objectives to be addressed by the cross functional team has been prepared by Wanda.  These include:

Develop a qualitative operational risk assessment approach and implement.  This approach should enable a quick review of key functions and standards to identify weaknesses, monitor progress over time, and provide management with a representation of operational risk.
Assess and improve integrity of daily risk reports, i.e. require confirmation that all books are captured, aggregated and processed through RisktRAC, CreditAg, and Infinity applications
Ascertain the extent of spreadsheet usage across Enron and develop the ability to monitor NOP, V@R, and MTM for spreadsheets separately, i.e. a Spreadsheet DPR.  Work with GRMO to develop "rules of use" for financial valuation models and spreadsheet "books"
Utilize the existing RMS database and develop the ability to monitor intercompany - interbook activity (initially for forward positions only) and report variances
Recommend metrics for quantitative measurement of operational risk
Access need for additional or improved risk databases

Wanda will be contacting each of you to identify your designated operational risk contact that will participate on this cross-functional team.

Thanks,

Rick Buy


This is an issue you need to resolve with EBay.  I was more than willing to work out a negotiated payment with you since I was willing to take your word you made a mistake, but you have been very rude from the beginning.  Good Luck.
PL

 -----Original Message-----
From: 	"LAURIN HAYES" <laurinh@prodigy.net>@ENRON
Sent:	Tuesday, January 22, 2002 5:24 AM
To:	eBay Customer Support
Cc:	Love, Phillip M.
Subject:	ITEM#1065594740

I THINK IF YOU TAKE A LOOK AT THESE DOCS YOU'LL  SEE WHERE THE PROBLEM IS.
THEWAXOH'S BID APPEARS AT 2236HRS FOR 60.00 MY BID APPEARS  ABOVE HIS AT  1647 HRS FOR 61.00 NOR 16.00 AS SEEN ON THE ACTUAL BID  DOC  AT 2236HRS.
THERE'S A PROBLEM HERE BUT IT'S NOT MY DOING IT LOOKS LIKE  EBAY'S
PS NOTICE THAT THEWAXOH IS SIMILAR TO THORHAWK. MIGHT BE AN  INPUT ERROR BUY NOT BY ME
 - eBay Item Bid History.htm << File: eBay Item Bid History.htm >>
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Message-Id: <200201220047.g0M0lJ930764@garak.ebay.com>
To: laurinh@prodigy.net
From: bidconfirm@ebay.com
Mime-Version: 1.0
Content-Type: multipart/alternative; boundary="==_MIME-Boundary-1_=="
Subject: eBay Bid Notice - Item 1065594740: Enron Titleist TP 90 Golf Balls
Date: Mon, 21 Jan 2002 16:47:20 PST

[IMAGE]

Thank you for bidding in the Collectibles:Advertising:Gas and Oil:Other Gas, Oil category, thorhawk!

[IMAGE]
      We appreciate the trading you do on eBay and want to confirm the details of your bid.      Item name:  Enron Titleist TP 90 Golf Balls   Item number:  1065594740   Your current bid:  $16.00   Your maximum bid:  $1,600.00   End date:  Jan-21-02 22:36:59 PST   Current price:  $16.00     To view the item you're bidding on, click here:  http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=1065594740 << File: http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=1065594740 >>
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Lisa:
Another return of collateral request.

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-3393 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com

 -----Original Message-----
From: 	Brackett, Debbie R.
Sent:	Friday, December  21, 2001 2:44 PM
To:	Rohauer, Tanya; St. Clair, Carol
Subject:	RE: Return of LC

	Looks like one deal,  #VS4707.1 where we owe approx $222,309.

 -----Original Message-----
From: 	Rohauer, Tanya
Sent:	Friday, December 21, 2001 1:52 PM
To:	St. Clair, Carol
Cc:	Brackett, Debbie R.
Subject:	RE: Return of LC

debbie will have to check - deals have been removed from book so I do not have any feeds - I can't remember where the file is.

 -----Original Message-----
From: 	St. Clair, Carol
Sent:	Thursday, December 20, 2001 4:30 PM
To:	Panus, Stephanie; Rohauer, Tanya; Brackett, Debbie R.
Cc:	Shackleton, Sara
Subject:	RE: Return of LC

Tanya and/or Debbie:
What is the exposure situation with this counterparty?

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-3393 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com

 -----Original Message-----
From: 	Panus, Stephanie
Sent:	Thursday, December  20, 2001 12:08 PM
To:	Rohauer, Tanya; Brackett, Debbie R.
Cc:	Shackleton, Sara; St. Clair, Carol
Subject:	Return of LC

FYI -

I received a call from Ryan Youngblood of Kona Ltd. (281-820-7889) requesting the return of the letter of credit Kona posted to ENA in connection with an ISDA Master Agreement.


Start Date: 10/27/01; HourAhead hour: 12;  No ancillary schedules awarded.  Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001102712.txt

Error retrieving HourAhead price data - process continuing...
---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:   0.00 / Final:   0.01)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/27/01
  TIE_POINT: MALIN_5_RNDMTN
  INTERCHG_ID: EPMI_CISO_RED
  ENGY_TYPE: WHEEL
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:   0.00 / Final:   0.01)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/27/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_BROWN
  ENGY_TYPE: WHEEL
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:   0.00 / Final:   0.01)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/27/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_BLACK
  ENGY_TYPE: WHEEL
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:   0.00 / Final:   0.01)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/27/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: EPMI_CISO_GREEN
  ENGY_TYPE: WHEEL
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:   0.00 / Final:   0.01)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/27/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_BLUE
  ENGY_TYPE: WHEEL


With Ken Lay's resignation, you undoubtedly have questions about Enron's management structure and what lies ahead for the company.  The purpose of this communication is to begin to answer those questions and lay out the direction we plan to follow as we regroup and rebuild.

First, the Creditors Committee has proposed that the Board of Directors retain an interim CEO to focus on the restructuring process.  This is a positive sign that the Committee believes Enron will provide greater value as a viable ongoing business.

The Enron Board of Directors has approved Stephen Cooper as interim CEO and chief restructuring officer.  Steve is the managing partner of Zolfo Cooper, a corporate recovery and crisis management firm with more than 30 years experience leading companies through operational and financial reorganizations.

Steve and his firm will work with members of Enron's current management to develop and implement a comprehensive plan to restructure the company and emerge from bankruptcy.

As you know, Enron has entered into an agreement with UBS Warburg for the sale of NetCo, Enron's wholesale gas and power trading organization.  In preparation for the transition of NetCo to UBS, Greg Whalley has resigned as president and COO of Enron to assume a position with UBS Warburg.  We want to thank Greg and the NetCo employees joining UBS for their contributions to Enron and wish them great success going forward.

In addition to engaging Steve, Enron has formed an Office of the Chief Executive.  I will join Steve in that office as president and chief operating officer, and Ray Bowen will join us as executive vice president and chief financial officer.

We will provide additional information regarding the roles and responsibilities of Enron's entire management team once those become more fully defined.

Thank you for continuing to support Enron by performing your job everyday.  The ongoing uncertainty about our future, coupled with the constant media scrutiny, makes this situation difficult for all of us. While no one can control the media, we can and will define our leadership and devise our strategy for moving ahead.  And in doing so, we will build a more certain future for our company and our employees.

Link to the press release: http://www.enron.com/corp/pressroom/releases/2002/ene/012902Release.html


I'll call you at 9:00am to see if your available

>>> <Sara.Shackleton@enron.com> 10/04/00 05:36PM >>>

Jason:  She did call and wanted John, you and me.  I am available untill
roughly 11 am when the lawyers depart for the Woodlands.  She indicated
that this provision was necessary if we EVER decided to net
physical/financial.  (Jason:  we won't agree to that now and if we ever
did, I am sure we would either amend all of our masters or put a separate
netting agreement in place).  She did indicate that Harvard MIGHT drop the
request.  I don't  particularly want the provision in the agreement.   My
calendar is open if you want to schedule.  SS

                    "JASON PETERS"
                    <PETEJ@andrews-        To:     <Sara.Shackleton@enron.com>
                    kurth.com>             cc:
                                           Subject:     Harvard
                    10/04/2000
                    05:27 PM

Sara,

Kim Noble called.  She was hoping that we could talk in the morning.  She
indicated that anything before 10:00 AM worked for her.  I told her I would
pass it on.

Jason


Please find attached translation of an article from Sankei Shimbun dated
April 18.

Best regards,
IRJ PR Services

 - Sankei 10418.doc


What are you talking about?  You sent me some gay e-mail with a hyperlink.  I
never read those.

What's up with you?

I have been really busy with my new job but I cna't complain.  I am really
enjoying work again.

"Bass, Jason" <Jason.Bass2@compaq.com> on 02/25/2000 02:15:15 PM
To: Eric Bass/HOU/ECT@ECT, Eric Bass/HOU/ECT@ECT
cc:
Subject:

What are you to good to respond to my emails?  Too good to even talk to me?
What the fuck is up with you?
JASON BASS
Technical Support Engineer

Compa Q


Hey woman!  Things are going good, ok at work, better at home.  Not too too busy but I'm actually doing stuff.   Well, this is my last weekend as a lone bachelor.  NONO, we aren't getting married, yet.  I move out of my little 522 sq ft cubby hole into a 2 bedroom in her apartment complex.  She moves into it on the 22nd.  Ahhhhh the good life.  I knew it couldn't last forever.  I getting ready for some fighting too.  We have 3 TV's.  What's wrong with a TV in each bedroom?????   I tell you we are gonnnnnna fight!@#

How are things with you?

 -----Original Message-----
From: 	"Franklin, Cynthia" <Cynthia.Franklin@ElPaso.com>@ENRON
Sent:	Thursday, February 14, 2002 9:02 AM
To:	Germany, Chris
Subject:	How are you?

Chrissy,
How are you doing? Happy Valentine's Day!! Hope all is well with all of you.

Cindy Franklin
Transportation Services
Work:832.676.3177
Fax: 832.676.1329
Pager: 1.888.509.3736

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


FYI
---------------------- Forwarded by Tom May/Corp/Enron on 05/17/2001 02:01 PM
---------------------------

"Rogers, David" <DRogers@INTERGEN.com> on 05/17/2001 11:09:42 AM
To: "'tom.may@enron.com'" <tom.may@enron.com>
cc:

Subject: FW: Skygen agreement

Per my phone message.

?-----Original Message-----

From: ? Hinkle, Angela?

Sent:?? Thursday, May 17, 2001 11:05 AM

To:???? Rogers, David

Subject:??????? Skygen agreement

Attached is a file that is being sent to you per Doug Pedigo.? Please contact
him if you wish to discuss.

Thank you,

Angela Hinkle

Legal Administrative Assistant

 <<SKYGEN BLACKLINE VERSION.rtf>>

 - SKYGEN BLACKLINE VERSION.rtf


Once everyone (you or an approved designate) is ok with the date and time, I
will communicate a conference call number to be used. We are prepared to move
forwarded and bring this issue to closure and wanted to make sure you were in
the loop.


when are you getting your dog dog?


-----Original Message-----
From: 	Lojko, George
Sent:	Friday, December 14, 2001 1:15 AM
To:	Overfield, Adam; Wantschek, Lloyd; Astramowicz, Jarek; Forycki, Krzysztof; Derrick Jr., James
Cc:	Glowacki, Jacek
Subject:	ENS Audit 2001

I understand that due to Enron's problems in America and the fact that that Arthur Andersen are getting involved in a dispute over various audit matters as a result of the bankruptcy there may be difficulties in having Andersen audit ENS for year 2001. While I can see that there may be reservations in accepting the re-appointment of Andersen for ENS I feel that we should consider the implications of finding another auditor at this late stage.

Andersen in Warsaw are well aware of the problems ENS is facing at the present time with regard to power and gas pricing; they are aware of the problems associated with the Settlement Agreement and it's accounting treatment to date. They are familiar with our systems and people. We have also negotiated a significant reduction in fees compared with last year.

New auditors would have to be taken through all the issues from scratch. This would consume time not only from the accounting department but throughout the Company. The audit would take longer and, at this stage, I'm not sure when any new auditors would be able to start given that January is their busiest period. Andersen are available with immediate effect since I have constantly been impressing on them that, given the complexity of ENS problems, we should allow ourselves the maximum amount of time to consider what to put into the report should some problems persist longer than envisaged.

I feel that a change in auditors at this moment in time would be not be in our best interests in view of the above. Also if the ownership of ENS is to be changed it would be beneficial to have audited accounts in double quick time since potential investors will undoubtedly be looking for such statements.


Last year money was to be set aside in reserves to cover the net amount needed
to resolve these issues with Transco, BUG , LILCO and Enron.  The total dollars
required was approximately $4.25 million.  An amount of $3.55 million needed for
the Transco historical imbalance resolution.  The remaining balance was needed
for the BUG and LILCO accounting issues that Keyspan brought to our attention
last year.

Bob Hall has $3.5 million reserved in his area for the Transco historical imbalance.
The remaining $50,000 for Transco and approximately $700,000 of additional funds
for the accounting issues were to be reserved last year under "The Office of the
Chairman".  Sally Beck and Janet Dietrich arranged for this additional money to
be reserved at the "Chairman" level since the additional funds were needed to
correct an old accounting problem that should not hit the East Desk P&L.  Also, the
arrangement was that the reserve would be maintained until the settlement payments
were made by Enron.

As with most stories, there is some good news and some bad news.  First, the bad news.
After a great deal of investigation, it appears that there currently is no reserve at the
"Office of the Chairman"  for these additional funds.  Now, the good news.  Georgeanne
will take the necessary steps to make sure there is money available so that we can
quickly resolve these issues with Keyspan and Transco.

If you have questions, please give me a call.

Ruth
x31667


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/08/2000
09:39 AM ---------------------------

"Pierre-Philippe Ste-Marie" <stemarie@icubed.com> on 08/03/2000 08:54:22 AM
To: <vkamins@enron.com>
cc:
Subject: MSCF Speaker Series

MSCF SPEAKER SERIES

Dear Mr.  Kaminsky, I have included the web page of the list of confirmed
speakers, most  of them are people I worked with as a fixed income bond
options  trader.?Having you as a speaker would?give a chance to the MSCF
students to gain insight in an area (commodities) and in a field
(research)?in which many are?interested.
OFFICIAL  INVITATION
?
?
?

THE FIRST EVENT IS NEXT FRIDAY!

?

First  Event:

August 11,  2000
10:30 to 12:30 a.m. Fast Lab

David Hartney & Jerry  Hanweck

Vice President, Futures and Option Sales &  Head of North American Futures
and Options Research;?

J. P. Morgan

n.b.
There will be free  caps and a copy of the treasury Bond basis. Priority will
be given to MSCF  students.
?
??
Price and Hedging  Volatility Contracts
September 1, 2000
Dmitry  Pugachevsky
Deutsche Bank

Dmitry Pugachesky is a Director with OTC  Derivatives Research of Deutsche
Bank, where his research is primarily focussed  on credit derivatives. Prior
to joining Deutsche Bank, Dmitry worked for six  years with Global Analytics
Group of Bankers Trust. There he developed models  for emerging markets,
interest rates, and equity derivatives and also  participated in actual
trading and structuring of interest rate options. He  received his PhD in
applied mathematics from Carnegie Mellon University  specializing in control
theory for stochastic processes. He has published  several papers on
modelling in emerging markets and on valuation for passport  options.

A Measurement  Framework for Bank Liquidity Risk
September 15,  2000
Raymond Cote
Vice President, FinRad Inc.  NBC

Raymond Cote is Vice President, Financial Engineering at FinRad Inc.,  a
Montreal-based consulting firm offering financial management solutions that
combine advisory and systems development services to &corporations and
financial institutions.

Abstract:

Liquidity risk, as opposed to  credit and market risks, has received little
attention in professional or  academic journals. We argue that analyzing bank
liquidity risk can be viewed as  a variation of credit risk analysis. After
introducing some concepts and  definitions, the presentation defines a
framework allowing to measure a bank's  structural liquidity risk. It then
shows that combining the framework with  modern credit risk measurement tools
leads to a liquidity risk VAR measure. The  presentation then offers
concluding comments on the integration of the liquidity  risk measurement
framework within enterprise-wide risk management.

Swaps, Spreads and  Bonds
September 29, 2000
Chris  Leonard
Senior Trader

Fixed Income  Arbitrage?
October 27, 2000
Chuck  McHugh
Vice President, NBC-New York

Fund Management and  Market efficiency
November 10, 2000
Andrea  Lee
Portfolio Manager, Freiss Associates

Pierre-Philippe  Ste-Marie
--------------------------------------
http://pstemarie.homestead.com


Start Date: 4/13/01; HourAhead hour: 22;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041322.txt

Error retrieving HourAhead price data - process continuing...
---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 22 / Preferred: -175.00 / Final: -174.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/13/01
  TRADING_SC: ECH1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


As indicated by this ex parte notice, Edison is planning to meet with Bilas
this week before the continuation meeting on Thursday presumably to try to
weaken his opposition to the July 1 cut off of direct access.  Edison's
comments on the proposed decision say that over 6% of their load has
switched to direct access during the July 1 to September 6 time frame,
resulting in a total of over 7% of load being served by direct access over
their entire system at present.  While it appears Bilas is still a strong
proponent of allowing direct access and should still advocate reducing the
DWR contract commitements instead of restricting customer options, should
Enron, or AReM get in to see Bilas (and possibly Brown) to try to prevent
any backsliding on the 13th.  We have a right to a meeting with Bilas.  A
meeting with Brown would have to be noticed today or be held only with his
advisor, Dave Gamson. I would recommend we try for both.

Mike Day

-----Original Message-----
From: Case.Admin@sce.com [mailto:Case.Admin@sce.com]
Sent: Friday, September 07, 2001 5:21 PM
To: jbushee@sablaw.com; kmccrea@sablaw.com; callen@akingump.com;
jweisgall@aol.com; rogerberliner@bcjlaw.com; dgeorge@kroger.com;
jimross@r-c-s-inc.com; mbrubaker@consultbai.com; anchau@shellus.com;
keith-sappenfield@reliantenergy.com; jsmollon@newwestenergy.com;
jlyoung@sempra.com; napedersen@jonesday.com; kmcspadd@milbank.com;
hchoy@isd.co.la.ca.us; dhuard@manatt.com; athomas@newenergy.com;
lgurick@calpx.com; douglass@energyattorney.com; randy_britt@mayco.com;
beth.fox@sce.com; j.p.shotwell@sce.com; uwuaregion5@earthlink.net;
fmo@sdcity.sannet.gov; julesan@aol.com; mshames@ucan.org;
jparrott@sempra.com; kmelville@sempra.com; jleslie@luce.com;
riald@kindermorgan.com; bill.mccallum@ci.fresno.ca.us;
btenney@landuselaw.com; ronknecht@aol.com;
furutanj@efawest.navfac.navy.mil; kpoole@adamsbroadwell.com;
mdjoseph@adamsbroadwell.com; harrington@ggra.org; freedman@turn.org;
rcc@cpuc.ca.gov; bfinkelstein@turn.org; theresa_mueller@ci.sf.ca.us;
jjz@cpuc.ca.gov; christine_ferrari@ci.sf.ca.us; iberrio@greenlining.org;
lifcentral@lif.org; ek@a-klaw.com; jnnc@chevron.com;
ktilton@gralegal.com; KETTELKM@sce.com; clpearce@duanemorris.com;
phanschen@mofo.com; tmberliner@duanemorris.com; dpritchard@mofo.com;
pxo2@pge.com; smoss@hooked.net; epoole@adplaw.com; chilen@llgm.com;
jsqueri@gmssr.com; jbennett@gmssr.com; bloomje@la.whitecase.com;
pbray@newpower.com; rick.counihan@greenmountain.com; thoulihan@mdbe.com;
mday@gmssr.com; jmalkin@orrick.com; edwardoneill@dwt.com;
lindseyhowdowning@dwt.com; tregtremont@dwt.com; jguzman@nossaman.com;
whe1@pge.com; ssmyers@worldnet.att.net; pat.williams@dhcmail.com;
jhg@meyersnave.com; wbooth@booth-law.com; jerryl@abag.ca.gov;
mgomez1@bart.gov; askaff@energy-law-group.com; pjpowerlaw@aol.com;
difellman@energy-law-group.com; nryan@environmentaldefense.org;
rschmidt@bartlewells.com; rrcollins@n-h-i.org; ckingaei@yahoo.com;
patrickm@crossborderenergy.com; tomb@crossborderenergy.com;
brbarkovich@earthlink.net; pjmuller@ricochet.net;
aglandenergy@earthlink.net; jbradley@svmg.org; tsmegal@calwater.com;
sberlin@mccarthylaw.com; bishop@jrwood.com; cwrmccv@worldnet.att.net;
scottst@mid.org; bill@jbs.com; cmkehrein@ems-ca.com; jweil@aglet.org;
lwhouse@el-dorado.ca.us; abb@eslawfirm.com; dcarroll@dbsr.com;
dkk@eslawfirm.com; ed@clfp.com; bradylaw@pacbell.net;
sgreenberg@realenergy.com; tknox@klalawfirm.com; smutny@iepa.com;
lmh@eslawfirm.com; jtachera@energy.state.ca.us; hodgesjl@pacbell.net;
kmills@cfbf.com; rliebert@cfbf.com; aorchar@smud.org; deb@a-klaw.com;
jcpaine@stoel.com; mhg@hetrading.com; dws@keywaycorp.com;
hbd@gweiss.com; gerhordt.herbert@msdw.com; cread@steptoe.com;
jogg@jhenergy.com; peter_fox-penner@brattle.com;
DavoodiKR@efaches.navfac.navy.mil; bill.wells@tyndall.af.mil;
ad046@detroit.freenet.org; bob_anderson@apses.com; gdreed@sidley.com;
doug.anderson@calenergy.com; robert.d.schasel@fritolay.com;
cyounger@manatt.com; rkeen@manatt.com; jpbatmale@realenergy.com;
kcheh@omm.com; georgeperrault@msn.com; kduggan@capstoneturbine.com;
frank.cooley@sce.com; picketse@sce.com; ROTT1@aol.com;
LVanWagenen@sempra.com; troberts@sempra.com; jhay@sempra.com;
jbarthrop@powersavers.com; jskillman@prodigy.net; foothill@lmi.net;
fosterbc@sce.com; jpeck@sempra.com; mbazeley@sjmercury.com;
mpa@a-klaw.com; mpatel@brownwoodlaw.com; paul.harris@bridge.com;
oshirock@pacbell.net; glsg@pge.com; hwmoore@pcit.com;
margery.a.neis@us.pwcglobal.com; natutt@duanemorris.com; rtp1@pge.com;
theodore.huang@us.pwc.lobal.com; epoole@adplaw.com; derkp@newsdata.com;
luluw@newsdata.com; maxian_miriam@jpmorgan.com; tom.oneill@abnamro.com;
mmattes@nossaman.com; RJP2@pge.com; brb3@pge.com; drp6@pge.com;
ell5@pge.com; jyf1@pge.com; mrh2@pge.com; NXK2@pge.com; rrh3@pge.com;
alexm@calpine.com; gtbl@dynegy.com; joe.paul@dynegy.com;
honest@compuserve.com; jon.jacobs@paconsulting.com;
emitchel@angnewspapers.com; rbw@mrwassoc.com; joeyoung@ebmud.com;
dmarcus@slip.net; jeff@hmhresources.com; ed@apx.com;
wendy@econinsights.com; chrism@mid.org; fwmonier@tid.org;
rmccann@cal.net; blaising@braunlegal.com; melanie_gillette@rmiinc.com;
Slayman@energy.state.ca.us; swchurchill@juno.com; jdh@eslawfirm.com;
ddavie@hesinet.com; karen@klindh.com; cpeyton@sacbee.com;
thaines@smud.org; huse@eesconsulting.com; mer@cpuc.ca.gov;
a0011038@cpuc.ca.gov; awp@cpuc.ca.gov; cmw@cpuc.ca.gov; ctd@cpuc.ca.gov;
bsl@cpuc.ca.gov; dlf@cpuc.ca.gov; fua@cpuc.ca.gov; yee@cpuc.ca.gov;
jlo@cpuc.ca.gov; jsw@cpuc.ca.gov; jrd@cpuc.ca.gov; jmh@cpuc.ca.gov;
kok@cpuc.ca.gov; kim@cpuc.ca.gov; kjl@cpuc.ca.gov; llk@cpuc.ca.gov;
lss@cpuc.ca.gov; mv1@cpuc.ca.gov; pmd@cpuc.ca.gov; gig@cpuc.ca.gov;
rtf@cpuc.ca.gov; raw@cpuc.ca.gov; sfc@cpuc.ca.gov; car@cpuc.ca.gov;
scr@cpuc.ca.gov; sro@cpuc.ca.gov; trp@cpuc.ca.gov; txb@cpuc.ca.gov;
ztc@cpuc.ca.gov; michael.neville@doj.ca.gov; dwrlegal1@water.ca.gov;
ath@cpuc.ca.gov; mjaske@energy.state.ca.us; randy.chinn@senate.ca.gov;
firmiyas@dof.ca.gov; rax@cpuc.ca.gov; rtavares@energy.state.ca.us;
mschwebs@energy.state.ca.us; rpernell@energy.state.ca.us
Subject: A.00-11-038 et al. RSP - SCE's Notice of Scheduled Individual
Ex Parte Communication Meeting

Attached below is Southern California Edison Company's Notice of Scheduled
Individual Ex Parte Communication Meeting, saved in Word '97 format.

Hard copies are forthcoming via US mail.

(See attached file: 09-11-01 SCE's Notice of Scheduled Ex Parte
Meeting.doc)


I think that this will continue to be a very sticky issue for us on all
services deals and I think the following is the way to handle it.

We build into all of these contracts that the counterparty may at any time,
chose to transact directly with a third counterparty.  We would still
administer the contracts and perform the scheduling etc. for them if they
chose to do this.  In this way, the customer may always chose to deal
directly if they chose and we would be doing the scheduling.  I believe that
this will serve to counteract concerns that we will not provide them fair
market prices since they could always chose to deal directly.  We are
confident that our prices are will be competitive and that the counterparty
will chose to transact through us.  We would of course need to protect our
share of the benefit in the case they transact with someone else.

Tom.

Kay Mann
05/11/2001 09:40 AM
To: Reagan Rorschach/ENRON@enronXgate
cc: Lloyd Will/HOU/ECT@ECT, Tom May/Corp/Enron@Enron, David
Fairley/ENRON@enronXgate

Subject: Re: MDEA Commercial Issues

Another point:

How do we price gas/power we sell to them, especially in light of our duty of
good faith and fair dealing?

Not expecting an answer via email, this is just a topic for further
discussion.

ckm

From: Reagan Rorschach/ENRON@enronXgate on 05/11/2001 09:03 AM
To: Lloyd Will/HOU/ECT@ECT, Tom May/Corp/Enron@Enron, Kayne
Coulter/HOU/ECT@ECT, Richard Broussard/Corp/Enron@Enron, Kay
Mann/Corp/Enron@Enron, David Fairley/ENRON@enronXgate, Jim Homco/HOU/ECT@ECT,
Gerald Gilbert/HOU/ECT@ECT
cc:

Subject: MDEA Commercial Issues

In an effort to get the commercial terms of the contract organized and
papered, we discussed the following issues during yesterday's meeting:

? What will be the contracted process for setting the Bogey?
? What heat rates or heat rate ranges will go in the contract?
? Can we create a schedule to collar the Bogey given a certain gas price?
? Can we get a gas management fee for being the Fuel Manager? (this is a
retrade)
? How does the network service transmission agreement including ancillary
services get accounted for in the "cost" calculation?
? How does Imballance get sorted out at the end of the the month as a profit
or a cost?

Regarding calculation of the Bogey, we have several issues.  First, what is
the methodology?  Rick is very close to having a stack model that
incorporates the business rules including minimum run times, startup costs,
VOM, etc.  Second, what are the daily inputs and who is responsible for
running the model?  This process will need to be documented every time the
calc is performed.  Third, what is the timing of the calc?  We discussed
getting the input info by 2am and doing the calc on a "day ahead" basis.
Only on a select basis would the calc be re-done mid-day.

We are planning on meeting with Marvin next week and working to resolution on
these issues.  This should result in a set of business rules that can be put
into the contract.

Please comment/correct/add/subtract to any or all of the above.  David
Fairley and I will be sending out the Marketing Strategy and Trading and Risk
Policy later this morning.

Thanks,

Reagan


Greetings:

Attached is the draft.  I've attempted to capture everyone's comments.  The
only piece that is not likely to go this evening is the piece providing
comments on the Governor's specific proposals.  That will likely go first
thing tomorrow morning.  You'll note that only one of the Governor's
proposals currently has any comments attached to it.  Comments on the
Governor's proposals are appreciated.  The remainder of the materials will go
to the Governor's staff later this evening; so any and all comments on those
portions are welcomed and appreciated.  Thanks to all for the assistance,
particularly in light of the holiday.

Best,
Jeff


FYI.

If you'd like to see a complete copy of any of the filed comments, please let me know, either via e-mail or at 713-853-5840.


Vincent,

Sorry for a delay in responding to your message.
I shall be very glad to write a letter of recommendation.
Please, send me the forms.

I hope you are doing OK.

Vince

Vincent Tang <tang_vincent@yahoo.com> on 02/28/2001 01:10:33 PM
To: vkamins@enron.com
cc:
Subject: Recommendation letter

Dear Vince,

How are you?

I am just wondering whether you have received the
email I sent to you a couple of weeks back.  In that
email, I asked whether you would have time to write me
a recommendation letter to support my application for
a Master Program (Mathematical Finance) in Columbia
University this coming fall.  If you will be able to
write the letter, would you please let me know?
Thanks a lot.

Best Regards,

Vincent Tang

__________________________________________________
Do You Yahoo!?
Get email at your own domain with Yahoo! Mail.
http://personal.mail.yahoo.com/


All,

The completed PRC evaluation forms are due today for the following people:

Power

Steve Gim
Juan Padron
Joe Wagner
Seung Taek - Oh
Paul Schiavone - although not eligle to be formally ranked, evaluation for can still be completed.

Gas

Darren Espey
Mog Heu
Jason Wolfe

Rgds,

Karen.


Isn't it freaky? I have never seen anyone who looks so much like me. My own
dad thought it was me!


I asked Ken Cessac to call Jerry Knight, who is the administrative assistant that John Sommer asked Ken to call to get daily PTR from ONEOK.  Knight had been sending Ken daily PTR information on a once-weekly basis through September, but then stopped.  I asked Ken to ask Knight the obvious question:  why did he stop sending Ken the daily PTR?  Ken did so today and was told that Terry Spencer told Knight to stop sending Ken the information.  Knight didn't say why he had been told that.  Knight told Ken that he would now tell Spencer that Ken had made inquiry about the stoppage of the daily PTR.  Ken wondered whether Spencer did this to see if Ken noticed and objected to the lack of daily PTR.  Weird.

	Ken's letter of today's date regarding the second measurement incident has gone out by telefax to ONEOK.  Many thanks to all who responded on that.

	ONEOK's response to our first letter, which I mentioned in a previous e-mail, has or will shortly be distributed.

	I'll keep you advised.

	Britt


Start Date: 4/25/01; HourAhead hour: 5;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042505.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 5 / Preferred:   1.96 / Final:   1.93)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE4
  MKT_TYPE: 2
  TRANS_DATE: 4/25/01
  SC_ID: EPMI


Action Plan

Meeting 1 - Presentations from key individuals to provide information/insight
into the important issues facing the new Fire Chief.
 - where - Enron offices
 - commitment - full day?
  - 3/4 day - presentations - estimate a total of about 4-5 presenters - 1hr?
per presentation, including Q&A - (for example, presentation of key points
from TriData study and Dr. Persse, EMS Director, has agreed to provide a
presentation on EMS issues)
  - 1/4 day - committee members will jointly compile a list of key
attributes/qualifications seeking in potential candidates
 - distribution of resumes from interested/pursued candidates (estimate
approximately 20 resumes)

Meeting 2 - Screen resumes and jointly decrease candidate list to 10
 - where - Enron offices
 - commitment - 1/2 day?

Meeting 3 - Interview the 10 candidates and jointly decrease candidate list
to 3
 - where - Enron offices
 - commitment - full day - each interviewee will be presented to the 5
committee members for a formal interview - Please note, logistically we may
not be able to bring in all 10 candidates on the same day and may have to
meet on two separate days

Meeting 4 - Meet with Mayor Brown to present candidate list of 3
 - where - City Hall?

Please email comments/suggestions/questions as soon as possible.

Thanks,
Lisa


Jeff Porter with New Power just informed me that they are buying "a little
more" than 4,300 dth per day of citygate gas on CGAS.  Dick and I will be
chatting about this later today.

Joann found out about this yesterday and this is the first time I've heard
about it.


Yes.  I thought you understood as much from our meeting.  I have asked A&K
repeatedly to add you to the email list.  Also, it was my understanding from
Mark Taylor that you would be responsible for the "structured" equity
derivatives (with assistance from the swap group as needed).  Please let me
know if I'm assuming too much.  Thanks.  Sara

	Angela Davis@ENRON
	11/08/2000 06:45 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Project Tahiti

You had these documents forwarded to me.  Is this now my project?

Angela D. Davis
Enron North America Corp.
1400 Smith, Suite 3842
Houston, Texas 77002
Tele. (713) 345-8347
Fax:  (713) 646-3393
e-mail:  angela.davis@enron.com


Dear Judge Biren and parties:

SoCalGas and SDG&E are not filing any motions to strike prepared testimony
today.

SoCalGas and SDG&E do not plan to object to the receipt in evidence of any
of the prepared testimony served to date and would be willing to stipulate
to its receipt in evidence without having to have it attested to by the
witness on the record.

SoCalGas and SDG&E jointly anticipate cross-examination as described below,
although this amount could be modified due to possible overlap with other
parties' cross-examination.

Mr. Florio (TURN)- one hour
Ms. Yap (SCGC) - one hour
Mr. Weil (Aglet)  - half hour

Mr. Black (Southwest Gas) - quarter hour
Ms. Wright (Long Beach) - quarter hour

SoCalGas and SDG&E do not currently intend to cross-examine other witnesses.

-- Glen Sullivan
Attorney for SoCalGas and SDG&E
(619) 699-5162
gsullivan@sempra.com <mailto:gsullivan@sempra.com>

May 23, 2000


Here's the draft form I received this am.

Look forward to talking to you later.

Kay


sounds good. let's catch up tomorrow nite.

Best,
Jeff

	Cameron Sellers <cameron@perfect.com>
	06/06/2001 12:14 PM

		 To: "'Jeff.Dasovich@enron.com'" <Jeff.Dasovich@enron.com>
		 cc:
		 Subject: RE: FW: Enron Demo Recap

I totally understand.  It sounds exciting though.  I can't wait to hear the
details.

I am with Renee tonight, but I will be home tomorrow night.  Why don't we
talk then??

Good luck with everything!!

-C

Cameron Sellers
Vice President, Business Development
PERFECT
1860 Embarcadero Road - Suite 210
Palo Alto, CA 94303
cameron@perfect.com
650.798.3366 (direct dial)
650.269.3366 (cell)
650.858.1095 (fax)

 -----Original Message-----
From:    Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent:   Wednesday, June 06, 2001 7:48 AM
To:   Cameron Sellers
Subject:   Re: FW: Enron Demo Recap

 << File: image001.jpg >>

Hi.  I am completely buried.  This is is blown.  I'll be in town tonite and
tomorrow nite and we can discuss more then if you like.  Just let me know.

Best,
Jeff

                    Cameron

                    Sellers              To:     "'Jeff.Dasovich@enron.com'"

                    <cameron@perf        <Jeff.Dasovich@enron.com>

                    ect.com>             cc:

                                         Subject:     FW: Enron Demo Recap

                    06/04/2001

                    02:56 PM

Hope you guys had a wonderful weekend at the dome.  Is the deck completely
finished now??  Vegas was awesome, of course.  I ended up a couple hundred
or so.  Craps was king.

On the business side?WE MUST CLOSE THIS DEAL WITH ENRON.  This is SO
important for us.  It looks like things really went well and they have our
pilot proposal.  Is there ANYTHING you can do??  Anything to get to someone
who is a part of this group and just say random great things about us or
help move it forward.  We have to close two deals before the next board
meeting (4 weeks out) or we have to downsize again.  It won't be pretty.
Is there anyone you know or who might know someone to help this out?  Maybe
you get Lay to put a little pressure on.  Ha!

Back to the personal?PP wanted to have a steak dinner to try out the knives
early this week.  How about tomorrow night?  I'll make a nice mushroom
sauce??

Cameron Sellers

Vice President, Business Development

PERFECT

1860 Embarcadero Road - Suite 210

Palo Alto, CA 94303

cameron@perfect.com

650.798.3366 (direct dial)

650.269.3366 (cell)

650.858.1095 (fax)

-----Original Message-----
From: Ian Sullivan
Sent: Friday, June 01, 2001 8:48 AM
To: Cameron Sellers
Subject: FW: Enron Demo Recap

FYI on the Enron mtg...  I'll catch up with Jeff early next week, talk to
him about the mtg, and strategize on next steps.  I think we have a
legitimate chance to do something with this group at Enron, and need to
assess where Jeff can help without complicating the decision-making process
in the near-term.

-----Original Message-----
From: David Young
Subject: Enron Demo Recap

Here's a recap of our demo meeting with Enron's Global Strategic Sourcing
group on Tuesday...

Demo went well.  In attendance for Perfect were Ian, James M and David Y.
Enron's attendees were:

- John Gillespie - Sr Director GSS - Platforms & Processes (decision maker)
- Pam Tragesser - GSS Operations Mgr (asst to Derryl C - Sr Dir GSS -
Operations)
- John Will - Director Sourcing - Pipe Valves & Fittings
- Craig Brown - Director Sourcing - Chemicals, Oils & Lubricants
- Shirley Jo Dickens-Wilson - Enron Transportation Services Procurement Mgr
- Eugene Ribaudo - Enron Energy Services Procurement Mgr - ibuyit.com team
lead
- Ken Sommers - Enron Energy Services Procurement Mgr

Despite only having 1 hour to present, Ian competently ran through a
company and feature overview, then blasted through a demo of PS2 and PPD.
We did not get to show PI.  They all bought in that this was a
sophisticated sourcing tool, that it followed their processes and would
help streamline their operation.  Only negatives we heard was that the $1M
price tag was a show stopper, and that they were trying to minimize RFQs
and focus on release against agreements.  With 2000 revs at over $100B, and
a spend to match that, their ROI would be tremendous.

Shirley Jo said that her primary use of this system would be for any
purchase over $50k, which requires 3 bids.  She does not feel that she has
enough of these events to justify implementation in her ETS group.

Their current processes are basically pen, paper, phone and fax.  They do
use RFQ templates and Excel spreadsheets.  They also model Total Cost of
Ownership - evaluating the total lifecycle of materials.

They are using their homegrown auction platform, DealBench, and were trying
to compare this against our system.  Their transaction fees for using the
DealBench system are minor, so our pricing looks high, but that would be
comparing apples against oranges.  I will address this in the cover letter
on the pilot proposal we will send.

Questions that came up included:

- What is the difference between maverick spend in Procurement vs Sourcing?
Ian responded Perfect reduces maverick spend during the sourcing cycle by
standardizing company best practices and providing
visibility/accountability of vendor selection criteria.

- How does the optimization calculation work?  Ian gave basic explanation
of input variables and ranking/scoring.  Don't feel we need to elaborate on
this at this point, possibly in future.

- Can we utilize a hands-on demo to play with the system?  We suggested a
pilot, but also said that it might be possible to work something out over
Webex just to test drive a little more before moving into a pilot.

We agreed that the next step is for us to send a pilot proposal and they
will get together either Friday or sometime next week to review the
proposal, discuss their opinions and determine the next step.

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

I sent the Pilot Proposal and cover letter out today by email after final
approval by Ian.  I will followup on Monday to find out what their
evaluation gameplan is and to suggest meetings so that we can get ROI
inputs to allow James to workup an ROI proposal.

David M. Young
Manager- Enterprise Sales
Perfect Commerce, Inc.
1860 Embarcadero Rd., Suite 210
Palo Alto CA  94303
Tel:  650-798-3356
Email:  dyoung@perfect.com

"Sourcing - the identification, evaluation, negotiation, and configuration
of supply partners - is the single largest opportunity for an organization
to impact the cost, structure, and overall efficiency of its supply chain."
-- Aberdeen Group, Inc.

(See attached file: image001.jpg)


Set out below is information regarding 660 MMBtu produced November 29 and 30
at meter 9813.  Please create a Sitara record for this production at your
earliest convenience.  The price is IF/HSC less $0.10.  The contract number
is 96016884.  A confirmation is not necessary.

Please call if I can be of any additional assistance.

Donald
x37008
---------------------- Forwarded by Donald P Reinhardt/HOU/ECT on 01/04/2000
04:45 PM ---------------------------

	From:  Stephanie Gomes                           01/04/2000 08:09 AM

To: Donald P Reinhardt/HOU/ECT@ECT
cc:
Subject: Re: C&E Operating, 11/99 production

Donald, please see Julie's email below.  This is the deal that was not in the
system that I had asked you about.  Please let me know if there is something
else that I need to do.

Thanks, Stephanie ( 3-6004 )
---------------------- Forwarded by Stephanie Gomes/HOU/ECT on 01/04/2000
08:06 AM ---------------------------

Julie Meyers
01/03/2000 09:08 AM
To: Stephanie Gomes/HOU/ECT@ECT
cc:
Subject: Re: C&E Operating, 11/99 production

I'm not sure if you got this resolved, but Donald will need to have someone
put a deal in, either a spot or has it been firmed up.

Julie

	From:  Stephanie Gomes                           12/28/99 08:45 AM

To: Julie Meyers/HOU/ECT@ECT
cc:
Subject: C&E Operating, 11/99 production

Hi Julie, I have a question and I wasn't sure of who to start with.  I have a
new meter for C&E Operating, meter # 0989813 that started up Nov.29.  I have
a volume statement that confirms that volume did flow the 29th and 30th, a
total of 660mmbtu.  The problem is there is nothing in the system for meter #
9813 for 11/99 production.  I looked in Sitara,( sitara # 132030 ) and the
deal  starts for 12/99 production.   I checked with Donald to make sure and
he says that the meter did start up 11/29 and the price is HSC less $.10.  In
order to get this deal into the system, who do I need to talk to???

Thanks,  Stephanie ( 3-6004 )


Jim Smith with Powell has advised the Master will be signed on April 20th at
their Board Meeting.   I will call Mr. Smith re status and advise.

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


The MeOH plant  began having problems on June 30. On July 3, a flange fire on
piping occurred.  The piping could not be depressured and the plant was shut
down.  No eta for plant startup is available at this time.  Additional
information will be forwarded when available.


Tana,

Just to help you out, I did a quick review of the work queue and there are
only a few pending for US.  Wow, you have been busy!

BP Oil Supply Co.
Gases y Graneles Liquidos S.A.
GearyEnergy, LLC
Helmerich & Payne Energy Services, Inc.
Maynard Oil Company
Microsoft Corporation
Pilot Corporation
Summit Natual Gas, LLP
TotalFinaElf Gas & Power North America

Let me know if this helps you out!

Thanks,
Stephanie


Julie,

Morgan Stanley is putting a 300MW peaking plant near reno.

do you know (or can guess) what the heatrate of this unit is?

p.s.  car looks beautiful (should have done that myself long ago...)


Here is the revised draft of the letter to the Commission regarding the PD.
Please comment ASAP.  We would like specific authorizations from each party
to include their name on the letter, which will be delivered by Mike Day to
each Commissioner and distributed to the press.  If you have edits to
propose.  Please proposed them in a "reply all" note so that everyone on
this list can react to the changes.  Please respond as soon as possible,
hopefully by the close of business today.  If you believe you can get
approval to sign the letter by Monday morning, please advise us of that fact
as well and we will wait for you.  Thank you all for your prompt
consideration of this matter.  Mike Day

 <<X19029.DOC>>

 - X19029.DOC


Attached is a draft of taking points I'll use for the conference on Monday.
If you'd like to see the agenda, here's the URL:
http://gspp.berkeley.edu/events/electricity_summit_conference.htm.

I'm on the "summit's" second panel: "What do we do now?"  I've been asked to
identify the big problems, propose solutions, and identify the forum for the
solution (e.g., CPUC, CA Legislature, FERC).

There are two documents.  One is a document that I previously distributed and
used as talking points for the Cal. Energy Markets conference last week.  The
other is a table listing the issue, the solution and the forum.  I have 5-10
meetings to make opening remarks, then there will be a discussion led by the
"facilitator."

All comments are appreciated.

Best,
Jeff


(after Bill) ???????

From: Tana Jones on 08/28/2000 03:07 PM
To: Russell Diamond/HOU/ECT@ECT
cc:
Subject: Re: HQ Energy Services

There's a reason why you earned the title of "Favorite Credit Person (after
Bill)"...!

	Russell Diamond
	08/28/2000 02:46 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: HQ Energy Services

Tana,

Please see attached Credit W/S for HQ.

Thanks
Russell


Here are my goals.

Thanks


----- Forwarded by Jeff Dasovich/NA/Enron on 06/26/2001 04:35 PM -----

Much Calif Power Price Gouging Beyond FERC's Reach -ISO
Updated: Monday, June 25, 2001 06:59 PM ET   Email this article to a friend!
 Printer-friendly version

By Jason Leopold

Of DOW JONES NEWSWIRES

LOS ANGELES (Dow Jones)--Federal energy regulators only have the authority to
order refunds for about a third of the $9 billion California Gov. Gray Davis
claims energy companies have overcharged the state in the 12 months to May
2001, documents from the state's wholesale market operator show.

Of the total, $2.9 billion came from the May-September period the Federal
Energy Regulatory Commission has said it can't act on, and $2.8 billion from
the October-May period is attributable to municipal utilities over which FERC
lacks jurisdiction, according to documents from the California Independent
System Operator.

That leaves just $3.3 billion in alleged overcharges that FERC could
potentially order refunded - far less than the $9 billion Davis seeks.

Talks between generators and state officials to settle billions of dollars in
unpaid bills and issues of overcharging began Monday. Curtis Wagner, the FERC
administrative law judge presiding over the talks, has said California will
likely see refunds from generators, but far less than the $9 billion Davis
expects.

Davis said Sunday California is going to Washington, D.C., "with one goal,
and that is to bring back $9 billion."

Nearly half that amount is attributable to municipal utilities, the ISO
documents show. The ISO said the Los Angeles Department of Water and Power,
for example, overcharged California $75 million between May and October.

David Freeman, the governor's chief energy adviser and the former general
manager of the LADWP, said the agency didn't overcharge the state, but
conceded it profited by selling spare power to the ISO.

Davis adviser Nancy McFadden said the state needs FERC to lay the groundwork
for the state to seek refunds from public utilities by ordering refunds from
corporate energy suppliers.

But during a conference call Sunday with reporters, McFadden and Davis press
secretary Steve Maviglio couldn't explain how the governor would go about
getting refunds from companies whose wholesale power prices aren't regulated
by FERC.

Davis testified before the U.S. Congress last week that generators
overcharged the state $9 billion and that FERC should order the refunds.

State Sen. Jim Brulte, R-Rancho Cucamonga, has asked for an investigation
into Davis's testimony, saying the figures were based on "shaky
calculations."

To come up with its conclusions, the ISO compared hourly market prices
received by sellers to an estimate of market prices that could have been
expected under competitive market conditions.

The ISO established a benchmark for what it determined was competitive - at
times about $125 per megawatt-hour to $200/MWh, a fraction of actual prices
in the market - based on the cost of natural gas and compliance with
air-quality rules.

The ISO, however, typically used the price of gas at California's northern
border, according to the documents. Generators paid a higher price for the
fuel in Southern California, raising the cost of making electricity.

The ISO also used reports of earnings by the state's "Big Five" power
suppliers during 2000 - earnings that for some quadrupled - to draw the
conclusion that generators overcharged the state, according to the documents.

The ISO attributed high power prices in part to the state's three largest
utilities' failure to buy the power they needed in advance, leaving the grid
operator to pick up the shortfall at the last minute, according to the
documents.

The ISO alleges the following companies overcharged the state by the listed
amounts between May 2000 and February:

American Electric Power Service Corp. (AEP </investments/quotes/?symbol=AEP>,
news </investments/news/?symbol=AEP>, msgs
</investments/discuss/?symbol=AEP>): $22.9 million
Arizona Public Service Co. (PNW </investments/quotes/?symbol=PNW>, news
</investments/news/?symbol=PNW>, msgs </investments/discuss/?symbol=PNW>):
$24.6 million
Aquila Power Corp. (ILA </investments/quotes/?symbol=ILA>, news
</investments/news/?symbol=ILA>, msgs </investments/discuss/?symbol=ILA>):
$28 million
Avista Energy Inc. (AVA </investments/quotes/?symbol=AVA>, news
</investments/news/?symbol=AVA>, msgs </investments/discuss/?symbol=AVA>):
$48 million
Automated Power Exchange: $16 million
British Columbia Power Exchange Corp: $439 million
Calpine Corp. (CPN </investments/quotes/?symbol=CPN>, news
</investments/news/?symbol=CPN>, msgs </investments/discuss/?symbol=CPN>):
$236 million
Constellation Power Source Inc. (CEG </investments/quotes/?symbol=CEG>, news
</investments/news/?symbol=CEG>, msgs </investments/discuss/?symbol=CEG>):
$7.8 million
Cargill-Alliant LLC: $1.4 million
Citizens Power Sales: $557,000
Coral Power, LLC,. a unit of Shell Oil (RD </investments/quotes/?symbol=RD>,
news </investments/news/?symbol=RD>, msgs </investments/discuss/?symbol=RD>):
$27 million
Duke Energy Corp. (DUK </investments/quotes/?symbol=DUK>, news
</investments/news/?symbol=DUK>, msgs </investments/discuss/?symbol=DUK>):
$804 million
Dynegy Inc. (DYN </investments/quotes/?symbol=DYN>, news
</investments/news/?symbol=DYN>, msgs </investments/discuss/?symbol=DYN>):
$530 million
Enron Corp. (ENE </investments/quotes/?symbol=ENE>, news
</investments/news/?symbol=ENE>, msgs </investments/discuss/?symbol=ENE>):
$39 million
El Paso Corp. (EPG </investments/quotes/?symbol=EPG>, news
</investments/news/?symbol=EPG>, msgs </investments/discuss/?symbol=EPG>):
$29 million
El Paso Power Electric Co. (EE </investments/quotes/?symbol=EE>, news
</investments/news/?symbol=EE>, msgs </investments/discuss/?symbol=EE>):
$24,475
Hafslund Energy Trading LLC: $712,528
Idaho Power (IDA </investments/quotes/?symbol=IDA>, news
</investments/news/?symbol=IDA>, msgs </investments/discuss/?symbol=IDA>):
$28 million
Koch Energy Trading: $2.5 million
Los Angeles Department of Water and Power: $75 million
MDSC: $24 million
Mieco Inc.:$1.6 million
Morgan Stanley Capital Group (MWD </investments/quotes/?symbol=MWD>, news
</investments/news/?symbol=MWD>, msgs </investments/discuss/?symbol=MWD>):
$124,644
NewEnergy Inc.: $1.5 million
Nevada Power Co. (SRP </investments/quotes/?symbol=SRP>, news
</investments/news/?symbol=SRP>, msgs </investments/discuss/?symbol=SRP>):
$9.1 million
PacifiCorp: $65 million
PECO Energy Co. (EXC </investments/quotes/?symbol=EXC>, news
</investments/news/?symbol=EXC>, msgs </investments/discuss/?symbol=EXC>):
$4.2 million
Portland General Electric (ENE </investments/quotes/?symbol=ENE>, news
</investments/news/?symbol=ENE>, msgs </investments/discuss/?symbol=ENE>):
$44 million
Public Service Co. of Colorado: $14.1 million
Public Service Co. of New Mexico (PNM </investments/quotes/?symbol=PNM>, news
</investments/news/?symbol=PNM>, msgs </investments/discuss/?symbol=PNM>):
$15.5 million
Puget Sound Energy: $24 million
Reliant Energy Inc. (REI </investments/quotes/?symbol=REI>, news
</investments/news/?symbol=REI>, msgs </investments/discuss/?symbol=REI>)
$750 million
Mirant Corp. (MIR </investments/quotes/?symbol=MIR>, news
</investments/news/?symbol=MIR>, msgs </investments/discuss/?symbol=MIR>),
formerly Southern Co., $753 million
*Sempra Energy Trading Corp. (SRE </investments/quotes/?symbol=SRE>, news
</investments/news/?symbol=SRE>, msgs </investments/discuss/?symbol=SRE>):
$82 million (this number has been wiped out by the ISO)
Sierra Pacific Power Co. (SRP </investments/quotes/?symbol=SRP>, news
</investments/news/?symbol=SRP>, msgs </investments/discuss/?symbol=SRP>):
$23 million
TEK: $11 million
Tuscon Electric Power: $1.1 million
UPA: $131,715
Winston and Strawn: $11,917
Williams Cos. (WMB </investments/quotes/?symbol=WMB>, news
</investments/news/?symbol=WMB>, msgs </investments/discuss/?symbol=WMB>)
$860 million
Total FERC jurisdictional sellers: $4.7 billion
*Total without SETC/SDG&E: $4.6 billion
Total FERC and Non-FERC sellers: $6.7 billion
*Total without SETC/SDG&E: $6.6 billiion
Total March-May overcharges: $2.3 billion


There will be a WSPP Contracting meeting on January 12, 2001 at the
following hotel which is located near the San Francisco airport:?
?
Sheraton Gateway Hotel
600 Airport Boulevard
Burlingame, CA?? 94010
650-340-8500
?
The meeting will start at 9 a.m. and end at 3 p.m.
?
My initial list of agenda items includes: 1. How to deal with regulatory
risks of retroactive price changes?? 2.? Cal. ISO market  definition.? 3.?
How to facilitate using the WSPP Agreement for  Eastern markets to reduce
credit risks?? 4.? Retail customers as  members.? 5.? Financial products
under agreement.? 6.?  Waiver of common law impossibility/impracticability
arguments.? 7.?  Language to clarify service companies as agents.? 8.?
Additional forms  of documents to be attached to agreement.
?
Please let me know by December 15, 2000, whether you have any additional
agenda items so that I can send out an agenda well in advance of the
meeting.? Email me at small@wrightlaw.com.
?
Please also note that I expect that we will need to hold another meeting
before the Operating Committee meeting.? I would propose Feb. 16 or another
day around that time in a warm weather spot.? The following Monday is a
holiday.


Attached is some very preliminary correlation work that Joe Hrgovcic did on
understanding the dependence of PJM consumption/demand on a basket of
temperatures.  As you will see from the spread sheet Joe was able to get a
correlation of 97.7%.

Should you have any questions on the analytical work Joe's phone number is
33914 and mine is 37480.  Both Joe and I have spoken with Vince about this
idea. We on the weather desk are interested pushing this idea forward with
your support.
---------------------- Forwarded by Mark Tawney/HOU/ECT on 05/16/2000 05:33
PM ---------------------------

Joseph Hrgovcic
05/16/2000 03:30 PM
To: Mark Tawney/HOU/ECT@ECT
cc:
Subject: PJM Analytics

Mark,

 Here is the spreadsheet we discussed. If you need some more of the blanks
filled in, let me know.

Joe


Thought you might be interested in this!
---------------------- Forwarded by Eric Bass/HOU/ECT on 04/20/2000 10:11 AM
---------------------------

"Brian Hoskins" <bthoskins@hotmail.com> on 04/20/2000 09:09:49 AM
To: ebass@enron.com
cc:
Subject: Fwd: Qualify for Free Online Trading!

>From: American Express <axpbrokerage@1.americanexpress.com>
>To: Valued Cardmember:;
>Subject: Qualify for Free Online Trading!
>Date: Wed, 19 Apr 2000 20:50:09 MDT
>MIME-Version: 1.0
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>Priority: normal
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>Message-id: <5.35.5.0.0.8638.956199007@sender20.lodo.exactis.com>
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Get Your Private, Free Email at http://www.hotmail.com


The name of the church is Bathesda by the Sea and the Rector's name is Father
Ralph Warren, number: 561-655-4554.  I believe he is traveling until Monday,
but you may want to give him a try.


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


Hey guys - it looks like NCPA got our proposal and would like for us to refresh by 9 am PPT tomarrow morning.  That is 11 our time.  Jay, where are we with credit and contracts.  I think we need to have this done today.  Can you let me know what our status is?  Barry is asking me.  Kelli, can we refresh in the morning fairly quickly?  I would love to get this deal done.  Tomarrow, we need to add a little orig!  Please let me know if any of you have any questions.

thanks,

Kim

 -----Original Message-----
From: 	Tom Lee <TomLee@ncpa.com>@ENRON
Sent:	Tuesday, October 23, 2001 6:49 PM
To:	Ward, Kim S (Houston)
Subject:	RE: NCPA RFP refresh

NCPA staff has reviewed your gas basis bid provided on October 22, 2001.
The results and evaluations will be presented to the Project participants
(Cities of Alameda, Lodi, Lompoc and Roseville) on October 25, 2001 for
their decision.

Therefore, NCPA requests a refreshed bid on October 25, 2001 on or before
9:00 am for consideration by the Project participants.  A decision should be
available by 2:00 pm.

Please forward your bid to tomlee@ncpa.com.

-----Original Message-----
From: Ward, Kim S (Houston) [mailto:Kim.Ward@ENRON.com]
Sent: Monday, October 22, 2001 10:04 AM
To: tomlee@ncpa.com
Subject: RFP response

Tom,

Attached is our term sheet in response to your request for bid.  I have
also attached sample contract for your review.  We are waiting to hear
from your credit guy to obtain some financial information.  Please call
me with any questions or concerns.

Thanks,

Kim Ward
Manager, West Gas Origination
713-853-0685

 <<ncpa Gas Supply Term Sheet.doc>>

 <<Sample_Master.doc>>

**********************************************************************
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
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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.
**********************************************************************


Here are some recommended edits. I would think your customers would want to hear:

- Service will remain the same (or improve)
- Reaffirm financial stability
- I am valued as a customer and my business is important (i.e. it is not taking the "back seat" to this merger process)
- Enron will continue to honor my contract(s)
- Where can I go for more details

Hope you find the remarks helpful. I did it as fast as possible. Feel free to call with questions.

From: 	Kean, Steven J.
Sent:	Monday, November 12, 2001 3:09 PM
To:	Vegas, Dennis
Subject:	FW: Customer letter and Q&A

please provide your thouhgts to Peggy


Interoffice
Memorandum

Enron's performance has been exceptional.  This performance is reflected in
our stock price, in the recognition we receive in the media and financial
communities, and, most importantly, in the enthusiasm of our people.  It has
been clear to us for some time that we are driving fundamental change in the
marketplace and that our natural gas, electricity and communications networks
can be positioned for even greater growth.  A &new economy8 is emerging, an
economy based on intellectual capital and the compelling economics of
networks.  Capturing the opportunities in this new economy calls for
increased coordination and integration across our wholesale (ECT, ECM, EI),
retail (EES), and communications (ECI) businesses.  It is our intention to
combine the operations of these businesses into a cohesive organization that
will ensure we realize the growth we foresee in all our businesses.

To this end, we are initiating a number of organization and staffing changes
in these businesses and related changes in the Enron Office of the Chairman,
in Corporate Staff groups, and in a number of management/personnel
committees.  Other business units, EOG, GPG, PGE, and Azurix, will not be
directly affected.  Accordingly, the following changes are effective
immediately.

Enron Office of the Chairman

Joe Sutton will join the Office of the Chairman as Vice Chairman.  In his new
role, Joe will work with the two of us to manage the operations of the
company.

Rebecca Mark, previously Vice Chairman of the company, will now fully
concentrate on her responsibilities as Chairman and CEO of Azurix, our most
recent public company. Rebecca has also been elected to the Enron Board of
Directors, effective today.

Ken Harrison, previously Vice Chairman of the company, will fully concentrate
on his responsibilities as Chairman and CEO of Portland General Electric and
Non-Executive Chairman of Enron Communications.  Ken will continue to serve
on Enron's Board of Directors.

Redefined Business Units

ECT, ECM, EI, EES, and ECI will be regrouped into eight regions/businesses
and five global functions.  Each region/business will be operated as an
independent entity but will coordinate staffing, career paths, compensation
and performance review across all units.  Each global function will provide
its specialized expertise across all regions/businesses.  Included in these
functions is a new technology function, which will focus on information
systems and growth of our e-commerce capabilities where we believe there is
enormous potential.  These organizational units and their leadership are as
follows:

 Regions/Businesses

 North America:  Cliff Baxter, CEO; Kevin Hannon, COO
 Europe:  Mark Frevert, CEO; John Sherriff, President; Dan McCarty, COO
 South America: Jim Bannantine, Co-CEO; Diomedes Christodoulou, Co-CEO
 India:  Sanjay Bhatnagar, CEO
 Caribbean, Middle East:  David Haug, CEO
 Asia, Africa:  Rebecca McDonald, CEO
 EES:  Lou Pai, CEO; Tom White, Vice Chairman
 ECI:  Joe Hirko, Co-CEO; Ken Rice, Co-CEO (Ken Harrison ) non-executive
Chairman)

 Global Functions

 Risk Management:  Greg Whalley, CEO
 Finance:  Andy Fastow, CFO; Jeff McMahon, Treasurer
 Asset Operations:  Kurt Huneke, CEO
 EE&CC:  Larry Izzo, CEO
 Technology:  Mike McConnell, CEO

Corporate Staff

All corporate and EI staff units will be regrouped into six corporate staff
groups.  These staff groups will support all operations of Enron.  These
organizational units and their leadership are as follows:

 Legal:  Jim Derrick, EVP and General Counsel; Rob Walls, SVP and Deputy
General Counsel
 Risk Assessment and Control:  Rick Buy, EVP
 Accounting and HR:  Rick Causey, EVP and Chief Accounting Officer
 Investor Relations:  Mark Koenig, EVP
 Other Staff Groups:  Steve Kean, EVP and Chief of Staff
 Corporate Development:  To be determined.

Committees

A new Executive Committee will be formed to replace the existing Management
and Operating Committees.  Membership will be as follows:

 Ken Lay, Chairman
 Jeff Skilling, Alternate Chairman
 Joe Sutton
           Stan Horton
Jim Bannantine         Kurt Huneke
 Cliff Baxter         Larry Izzo
 Sanjay Bhatnagar        Steve Kean
Rick Buy         Mark Koenig
 Rick Causey         Rebecca Mark (Ad hoc)
 Diomedes Christodoulou        Mike McConnell
 Jim Derrick         Rebecca McDonald
 Andy Fastow         Jeff McMahon
 Peggy Fowler         Lou Pai
 Mark Frevert         Mark Papa (Ad hoc)
 Kevin Hannon         Ken Rice
 Ken Harrison         John Sherriff
 David Haug         Greg Whalley
 Joe Hirko         Tom White

Four other committees, which will be essential to the success of this new
organization, will be formed.  These committees are:

 Managing Director and SVP Personnel Committee:  Jeff Skilling, Chairman
 Vice President Personnel Committee:  Kevin Hannon, Chairman
 Vision and Values Committee: Joe Sutton, Chairman
 Workforce Diversity:  Ken Lay, Chairman

Details of membership on these committees will follow shortly.

Summary

Over the next several weeks all of the specifics of this reorganization will
be further ironed out and communicated.  In the meantime, please bear with us
-  we are confident that these changes will have a significant, positive
impact on the operation and growth of the company.


-----Original Message-----
From: JOYCE NESMITH <J.NESMITH@prodigy.net>
To: JOYCE NESMITH <J.NESMITH@prodigy.net>
Date: Monday, January 28, 2002 10:31 AM
Subject: Fw: WBK vs. Texas Tech

>
>-----Original Message-----
>From: Mitzi Frieling <MFrieling@K-State.com>
>To: MFrieling@K-State.com <MFrieling@K-State.com>
>Date: Monday, January 28, 2002 9:53 AM
>Subject: WBK vs. Texas Tech
>
>
>>FOR IMMEDIATE RELEASE
>>Date: January 27, 2002
>>Contact: Doug Dull, Sports Information Director
>>
>>HOT SHOOTING CARRIES 11TH-RANKED WILDCATS TO VICTORY
>>
>>        MANHATTAN, Kan. - Nicole Ohlde had team-highs of 24 points,
>>11 rebounds and eight assists to lift 11th-ranked Kansas State to a
>>76-63 victory over No. 12 Texas Tech in a Big 12 Conference women's
>>basketball game played Sunday before a sellout crowd of 13,340 at
>>Bramlage Coliseum.
>>        The victory improved the Wildcats to 19-2 overall and 7-1 in
>>the league. K-State has won all 10 home games it has played this
>>season. The Lady Raiders fell to 12-6 overall and 4-4 in the Big 12
>>and had a three-game winning streak snapped that included wins over a
>>pair of ranked teams.
>>        Kansas State, which hit 18 of 22 shots (82 percent) from the
>>floor in the second half, put four players in double figures. Kristin
>>Rethman had 15 points, including a 4-for-5 effort from three-point
>>range, while Laurie Koehn had 13 points and Megan Mahoney added 11.
>>        Jia Perkins finished with 24 points for Tech, scoring 18 in
>>the first half. She went 1-for-8 in the second half after hitting 8
>>of her 12 shots before halftime. Casey Jackson added 11 points and 10
>>rebounds for the Lady Raiders.
>>        The game was tied at 41-41 with 15:20 remaining when the
>>Wildcats grabbed the lead for good on a bucket by Ohlde, who had 17
>>points on 8-for-8 shooting from the floor in the second half.
>>        K-State led 55-51 with 8:45 to play when back-to-back layups
>>by Mahoney gave the 'Cats an eight-point lead. The Raiders were
>>within 65-59 with 4:25 left when the Wildcats made their decisive
>>run. Shalondra Booker hit a three-pointer, Mahoney added a layup and
>>Ohlde scored on a three-point play to put K-State ahead 74-59 with
>>1:34 to play.
>>        Texas Tech held a 35-32 edge on the boards, but second-half
>>shooting was the difference in the game. While the Wildcats were hot
>>from the field after halftime, Tech managed just 27 percent shooting
>>from the floor, hitting just 9 of 34 shots.
>>        Rethman finished with five assists for Kansas State, while
>>Candi White had six and Perkins added five assists and five steals.
>>        Kansas State travels to 13th-ranked Texas on Wednesday before
>>returning home on Saturday, Feb. 2 to play No. 14 Iowa State. The
>>game against the Cyclones is also a sellout.
>>
>>
>>--ksu--
>>--
>>*****************************************************
>>
>>Doug Dull, Sports Information Director
>>Kansas State University
>>1800 College Avenue
>>Manhattan, KS  66502
>>Phone:  785/532-7977
>>Fax:  785/532-6093
>>www.k-statesports.com
>>
>


Ed - can you help?  I need to know the term of our existing transport expense
deal with Reliant Entex to serve the referenced customer.  We must have an
existing contract that we can look up.  Our existing deal to sell to Mobil
expires October 1.  I am trying to make a two year sales offer beginning
October 1.  If the transport expires before then, then we'll need to call
Entex about a transport rate.  Who is the correct dealmaker to call Entex on
this matter??  I'd be happy to do it, but I'd be stepping on somebody else's
turf.

If the existing rate is indeed 5 cents plus 2.02% fuel, that seems kind of
high.  It's a short haul -  according to our field folk, we give the gas to
Entex at the La Porte City Gate, and it goes to the Mobil plant at Pasadena,
about 10 miles away at the most.

Any and all help appreciated.

Lee

	Enron North America Corp.

	From:  Pat Clynes @ ENRON                           09/06/2000 11:10 AM

To: Robert E Lloyd/HOU/ECT@ECT
cc: Lee L Papayoti/HOU/ECT@ECT, Lauri A Allen/HOU/ECT@ECT, Tom
Acton/Corp/Enron@ENRON, Gary A Hanks/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT,
Janet H Wallis/HOU/ECT@ECT
Subject: Re: Mobil Chemical

Robert,
What company is this transport with?   The rate and fuel sound high for this
very short transport.  Pat

Robert E Lloyd@ECT
09/06/2000 11:05 AM
To: Lee L Papayoti/HOU/ECT@ECT
cc: Pat Clynes/Corp/Enron@ENRON, Lauri A Allen/HOU/ECT@ECT, Tom
Acton/Corp/Enron@ENRON

Subject: Re: Mobil Chemical

I am trying to facilitate this inquiry for Tom Acton who handle this expense
agreement. HPL system indicate a rate as follows:

  Transmission rate:   $0.05
   fuel {expressed in %}:  2.020

Willie Underwood {Marketer/Trader w/Reliant Energy} is prepared to quote you
a more current rate by simply calling him @:
713 207-5127.
I am unable to reach Lee by phone.

	Enron North America Corp.

	From:  Pat Clynes @ ENRON                           09/06/2000 10:44 AM

To: Robert E Lloyd/HOU/ECT@ECT
cc: Lee L Papayoti/HOU/ECT@ECT, Lauri A Allen/HOU/ECT@ECT
Subject: Mobil Chemical

Robert,
Please get with Lee Papayoti as soon as possible in reference to the delivery
to Mobil Chemical #1256.
He is giving them an offer today and he needs to verify all transport cost
associated with the deal.  Thanks


Please advise on  response to below.

Thanks

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

----- Forwarded by Debra Perlingiere/HOU/ECT on 04/24/2001 04:28 PM -----

	PayneM@pioneernrc.com
	04/23/2001 10:56 AM

		 To: Debra.Perlingiere@enron.com
		 cc:
		 Subject: RE: GISB

Is ENA Upstream Company, LLC a subsidiary or Enron or is it a stand alone
entity?
Marilynn Payne
Marketing Department
Paynem@pioneernrc.com <mailto:Paynem@pioneernrc.com>
972-969-3866
972-969-3574 (fax)

 -----Original Message-----
 From: Debra.Perlingiere@enron.com
[SMTP:Debra.Perlingiere@enron.com]
 Sent: Thursday, April 19, 2001 10:07 AM
 To: PayneM@pioneernrc.com
 Subject: RE: GISB

 Marilyn,

 Attached is a final version of the GISB with revision to Special
Provisions
 regarding purposed tax language.   If you are in agreement with the
final
 version,  please proceed with execution of same.

 Please give me a call with any questions and or comments you may
have
 regarding the enclosed.
                (See attached file: Pioneer  Natural  Resources (GISB
ENA
 Upstream).doc)

 Best regards,
 Debra Perlingiere
 Enron North America Corp.
 Legal Department
 1400 Smith Street, EB 3885
 Houston, Texas 77002
 dperlin@enron.com
 Phone 713-853-7658
 Fax  713-646-3490 << File: Pioneer  Natural  Resources (GISB ENA
Upstream).doc >>


----- Forwarded by Jeff Dasovich/NA/Enron on 01/28/2001 09:03 PM -----

	"Daniel Douglass" <Douglass@ArterHadden.com>
	01/28/2001 04:07 PM

		 To: <Barbara_Klemstine@apsc.com>, <berry@apx.com>, <dcazalet@apx.com>,
<billr@calpine.com>, <jackp@calpine.com>, <glwaas@calpx.com>,
<Ken_Czarnecki@calpx.com>, <gavaughn@duke-energy.com>,
<rjhickok@duke-energy.com>, <gtbl@dynegy.com>, <jmpa@dynegy.com>,
<jdasovic@enron.com>, <susan_j_mara@enron.com>, <Tamara_Johnson@enron.com>,
<curt.Hatton@gen.pge.com>, <foothill@lmi.net>, <camiessn@newwestenergy.com>,
<jcgardin@newwestenergy.com>, <jsmollon@newwestenergy.com>,
<rsnichol@newwestenergy.com>, <Curtis_L_Kebler@reliantenergy.com>,
<rllamkin@seiworldwide.com>
		 cc:
		 Subject:

Dow Jones story

Cheney: White House Mtg Mon On Calif. Pwr Problems
01/28 10:13 (DJ)
Story 0076 (EIX, PCG, SRE)

NEW YORK (Dow Jones)--U.S. Vice President Dick Cheney said on Fox News
Sunday that the Bush Administration will hold a cabinet-level meeting Monday
on California's power problems.

Cheney also said that it wouldn't be his choice to have California take
control of the electrical industry within its borders.

"That wouldn't be my choice. I'm a believer in markets, and I think the
notion of deregulation is basically sound. What happened in California was
it was poorly executed," Cheney said.

He added that the state's regulatory scheme has undermined the financial
stability of utilities, which have run up several billion dollars in debt
without being able to recapture it.

Cheney also said California's problems are partly a result of supply,
because no new power plants have been built in the state in 10 years,
despite the fact that there has been a rapid run-up in demand.

"It's really up to California to change those laws, both to restore
financially solvency to the utilities as well as to make it possible to
start building new capacity."

Cheney said a big part of the problem is the process for siting plants,
which involves an endless appeals process. While it's relatively easy to
stop a project from going forward in the state, it's very hard to get final
approval for a project, he said.

"California is probably the toughest state in the country...in which to
build a power plant, and when you add to that the pricing scheme that is in
place, there is no incentive for anybody to go invest in additional capacity
in California. And investing in new capacity is what is ultimately going to
solve the problem."

-By Richard C. Black, Dow Jones Newswires; 201 -938 -4370;
rich.black@dowjones.com

(END) DOW JONES NEWS 01 -28 -01

10:13 AM


November 20, 2001

CIO Insider: Your guide to what's new on CIO.com

In the debut of her new CRM column, Customer Care, Alison
Bass examines the ethical problems that arise when drug
companies exploit new CRM technologies to obtain sensitive
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1. Sound Off: Europe's ban on hate speech
2. Ask the Expert: E-government
3. Tech Tact: Ultradense computing
4. CIO Legal: Perils of a dotcom wind-down
5. CIO Opinion: E-commerce can still work
6. Are you involved with CRM or ERP?

1. Sound Off: The question of whether the U.S. should support
Europe's ban on Internet hate speech is a loaded one indeed.
Europeans are concerned that homegrown bigots will "outsource"
their racist websites by moving the hosting to American ISPs.
U.S. First Amendment advocates argue that a ban on hate speech
will start us down the slippery slope toward censorship. Should
the U.S. support the ban?
http://comment.cio.com/soundoff/111501.html

2. Ask the Expert: Donald Upson, secretary of technology for the
Commonwealth of Virginia, is available to offer his insight
and advice on the challenges of e-government.
http://www2.cio.com/expert

**For more, go to our Government and IT Policy Research
Center at:
http://www.cio.com/research/government

3. Tech Tact: Whether they're single rack-space slices that
hold a handful of CPUs or a slice design that packs hundreds
of identical single-board computers into a rack, ultradense
servers are all about saving money by reducing real estate
needs and cutting power requirements.
http://www.cio.com/online/techtact_111901.html

4. CIO Legal: If you have the misfortune of being the CIO of
a dying dotcom, you can and should address several issues in
order to minimize the impact of its failure.
http://www.cio.com/legal/edit/111201_dotcom.html

**For more, check out our Legal Research Center at:
http://www.cio.com/research/legal

5. CIO Opinion: We've heard plenty - perhaps too much -
about the dotcom decline. But there are still good ideas
out there and, despite all the doom and gloom, this
e-commerce thing can still work.
http://www.cio.com/archive/111501/re.html

6. Are you involved with CRM or ERP?
Share your experiences by rating the leading systems
integrators and software packages. You'll also receive
an executive summary of the results.
http://www2.cio.com/research/erp/peerstone4.cfm

To read the entire Nov. 15 issue of CIO, go to:
http://www.cio.com/archive/111501

Have a tip, suggestion, critique, or qualification?
Please feel free to e-mail me at rmulcahy@cio.com
Thank you-Ryan

Ryan Mulcahy
Web Editor
CIO.com

***APPLY ONLINE***
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send e-mail to smacdonald@cio.com **


Kathleen is coming up to help me set up.  How about 11?

If you see Kathleen, can you give her the membership certificates?  I'll have
a stack for Duran later.

Kay

Stephen Thome@ECT
05/01/2001 09:59 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Delta/Salmon

No, I just glossed over it.  I am a speed reader... I only read every other
word.

When do you want us to come up?

Kay Mann@ENRON
05/01/2001 07:55 AM
To: Stephen Thome/HOU/ECT@ECT
cc:
Subject: Re: Delta/Salmon

I've asked for it separately (second item below).  Did I misunderstand your
question?

I'm setting up a table with all the stuff for signature now.

Kay

Stephen Thome@ECT
05/01/2001 09:53 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Delta/Salmon

Kay,

Do the retainage LOC's flow from the receipt of funds letter, or do we need
to tee up those separately?

Steve

Kay Mann@ENRON
05/01/2001 06:59 AM
To: lee.johnson@ss.ps.ge.com, kent.shoemaker@ae.ge.com
cc: Jake Thomas/HOU/ECT@ECT, Stephen Thome/HOU/ECT@ECT
Subject: Delta/Salmon

Good morning.

In order to finish up Delta/Salmon tomorrow, please note we need the
following today:

GE parent guaranty
LOC (so that full payment can be made to GE tomorrow)
Opinion of counsel

And once funds are received by GE, we need the receipt of funds letter.

Lee, I haven't heard back from the Portland gang to find out if the LV Co Gen
contract is ready.  Maybe Jake can help shake that loose.

Thanks,

Kay


Thanks.  You do the same.

Best,
Jeff

	Scott Govenar <sgovenar@govadv.com>
	03/23/2001 06:14 PM

		 To: Jeff.Dasovich@enron.com
		 cc:
		 Subject: Re:

Nope.  It seems as if they're only interested in investigating something
if they're forced to be here and it's convenient.  Once session was
adjourned they took off.

Have a nice weekend.

Jeff.Dasovich@enron.com wrote:

> Gas hearings ever resume?


Mike,

We shall call you to schedule a meeting to review the product.

Vince

Denton Mike <Michael.Denton@caminus.com> on 10/24/2000 10:14:04 AM
To: vkamins@enron.com
cc:
Subject: PoweRisk 2000 followup in re WeatherDelta

Mr.  Kaminski,
?
Nick Perry and I  were recently discussing the conference in Paris, and we
gathered that you had  some interest in exploring possible uses of our new
WeatherDelta tool-kit.?  It is the only application that we know of, that
can?model temperature,  loads, and power prices in several locations
simultaneously: thus allowing the  user to measure the value an risk in a
variety of financial instruments,  physical obligations and assets.? I have
attached the product overview  sheet, and would be happy to discuss its
capabilities with you at your  convenience.??
?
Nick and I send our  regards,
?

Vice President
NA Strategic  Consulting
CAMINUS
747 Third  Avenue, 18th Floor
New York, New York 10017
(212) 515-3667

?

?

 - weatherdelta.pdf


Check out www.michelsonrealty.com/bmjsecret for pictures of my third son,
Leeor Amram Michelson.  Mother, baby and brothers are all doing well.
 I hope everyone is enjoying life.

Thanks, Beau.

Bruce V. Michelson, Jr.
The Michelson Organization
7701 Forsyth Blvd., Suite 900
St. Louis, MO 63124
314-862-7080 x330
314-862-4725


Hello again,

If these contracts are going to be assigned immediately to Mitsui, isn't the
issue of a guaranty a Mitsui issue? Is this addressed in the EPC contracts?

If an Enron entity must give a guaranty, I would think we would want ENA to
give it, to be replaced by a Mitsui guaranty unless we have some safeguard
against the possibility of paying Mitsui and Mitsui not paying GE, so that we
would have to pay twice.

Kay

---------------------- Forwarded by Kay Mann/Corp/Enron on 06/12/2000 01:31
PM ---------------------------

jeffreye.smith@ps.ge.com on 06/12/2000 01:06:56 PM
To: Brian.D.Barto@enron.com, Kay.Mann@enron.com
cc: tim.lederach@ps.ge.com, Jeff.Blumenthal.ECT@enron.com

Subject: RE: Tax Language Changes to On/Off Shore Contracts for Vitro

Brian,
Thanks.  The changes to the on & off-shore contracts are OK.
I have replied to an e-mail from Kay concerning the "letter agreement", of
earlier today.  As far as I am concerned, we are ready to go there (you were
copied).
Kay indicated that the consolidation agreement would be today's focus of
attention.  I have not seen any feedback pursuant to my 1/Jun/00 e-mail.
    <<Enron Monterrey/Vitro>>
Your comment about the parent company guaranty reminds me that the above
e-mail also called for such a guaranty from Enron, as Enron NA is no longer
the purchaser.
Regards,
Jeff Smith

-----Original Message-----
From:   Brian D Barto [mailto:Brian.D.Barto@enron.com]
Sent:   Monday, June 12, 2000 11:10 AM
To:   Jeffreye.smith@ps.ge.com; Kay Mann; Jeff Blumenthal
Cc:   tim.lederach@ps.ge.com
Subject:   Tax Language Changes to On/Off Shore Contracts for Vitro

 << File: VITRO5-on-r1e.wpd >> << File: VITRO5-off-r1e.wpd >>

Jeff:  I have picked up the changes to Section 5.2.2 per the email exchange
by
Tim and Jeff B.

Please note that Jeff B. condition that a parent guarantee be provided has
been
picked up in Section 3.7 and Exhibit C-1 has been modified to show General
Electric Company as the parent.

These are the final versions to date:

(See attached file: VITRO5-on-r1e.wpd)(See attached file:
VITRO5-off-r1e.wpd)

Jeff Smith:  PS  Kay Mann said she would close up the Consolidation
Agreement
discussions with you too.

-----
Sender: jeffreye.smith@ps.ge.com
To: Brian.D.Barto@enron.com
Cc: Kay.Mann@enron.com, stephen.swift@ps.ge.com,
   patricia.gonzalez@ps.ge.com, karl.siverling@ps.ge.com,
   william.danaher@ps.ge.com, john.schroeder@ps.ge.com,
   scott.terhune@ps.ge.com, alfredo.graciansilva@ps.ge.com
Subject: Enron Monterrey/Vitro
Date: Thu, 1 Jun 2000 23:09:27 -0400
Importance: high
X-Priority: 1
X-Mailer: Internet Mail Service (5.5.2651.58)

Brian,
Here are my comments on several items.
*   The consolidation agreement.
*   In 1.b, thanks for reflecting the GE suggestion.  However, near the
end of the paragraph, the word "remedy" should move to immediately after
"exclusive".
*   In 8, the reference should be to paragraph 10.a, not 11.a.
*   In 10.a, it does not look like the wording in my 30/May/00 e-mail
was picked up.
*   In 12 and 13, Enron has added new wording since the preceding
issuance of this document.
*   In 13, is all of this wording necessary and applicable.  At the end
of the first long sentence, the word "turnkey" is used.  Of course, this is
an equipment supply contract for GE.
         Also, I believe the contracts do state what is in GE
scope via clauses 1.27, 1.86 and 3.1.  So, the last sentence is redundant.
*   More importantly, these two clauses could be interpreted as
establishing a GEPS/GEIOC consortium.  This is something GE had advocated as
the approach in as single contract for tax purposes in Mexico.  GE can still
go either way, although the single document approach is more straightforward
(and that is what we initialed in your offices last month).  Enron wanted
split contracts.  These clauses may undo what Enron was attempting to
achieve in this regard.
*   In 14, which has been added by Enron in the latest version of the
consolidation agreement, the GE entities seem to be prevented from getting
an extension of time under one contract if there is a problem with
performance under the other.  This is contrary to the words in the former
Enron clause 5, which has now been eliminated.  This clause 14 should be
removed.
*   Regarding the "swap" payments for tax purposes, to benefit both
Enron and GE:
*   The amount paid to date on the Monterrey unit, under the MOU, is
$25,101,733.  What GE proposes it to:
*   Revise the payment schedule for the contracts such that payments
totaling this amount are due 2-3 days after contract signing.
*   Execute a separate letter, to be signed at the same time as the
contracts, formally dissolving the MOU.  The letter would call for GE to
refund this same amount 2-3 days after receipt of the payment under the
contracts.
            We need to draft this letter, which will
hopefully be one page.  The text of such a letter could include the
following wording:
            "Pursuant to clause 30.3 of the now executed
On and Off Shore contracts for this project, the MOU dated ______ is made
null and void.  Once the initial payment(s) called for in said contracts
have been made, the monies in the amount of $25,101,733.00, which were paid
under the MOU will be refunded to (Enron entity)."
*   This would get the monies to the appropriate Enron and GE entities.

      In a related matter, since the legal Enron entity has
changed, GE requests a parent guarantee (using form already shown in the
contract(s)).
Regards,
Jeff Smith

-----Original Message-----
From:   Brian D Barto [mailto:Brian.D.Barto@enron.com]
Sent:   Wednesday, May 31, 2000 11:01 AM
To:   jeffreye.smith@ps.ge.com; Kay Mann
Subject:   Consolidation Agreement

 << File: Mac Word 3.0 >>

Kay and Jeff:

Please review and comment.  Kay's comments are included and do not look
unreasonable.  Jeff please edit this document and send back to Kay and I to
see
what you are thinking about in the clause that used to be 11, now 10, I
think.

(See attached file: GE Vitro WRAP rev 2.doc)