Sara:
We need to change the Prod Description fro the LME Product. The change is
mainly on the Settlement Date text, which instead of  "...Two business days
after the date of the Transaction..." shall read as follow:
For Curr LME     LME (Spot)              01Mar01         JPY/USD
A currency Transaction with Enron Europe Finance & Trading Limited ("EEFTL")
as agent for Risk Management & Trading Corp. under which either (A) for the
case in which Counterparty submits an offer to buy from EEFTL, Counterparty
shall receive the Base Currency Amount and shall pay the Foreign Currency
Amount, or (B) for the case in which Counterparty submits an offer to sell to
EEFTL, Counterparty shall pay the Base Currency Amount and shall receive the
Foreign Currency Amount. The Base Currency Amount shall equal the volume
submitted by the Counterparty via the Website. The Foreign Currency Amount
shall equal the Base Currency Amount, multiplied by the daily London Metal
Exchange (LME) fixing rate as published by Reuters on page MTLE on the date
of the transaction, modified by the price submitted by the Counterparty via
the Website.

The term of the Transaction shall correspond to the date(s) set forth in the
Product description on the Website.

The Settlement date shall be the date(s) set forth in the Product description
on the Website.

The price is quoted in JPY (the 'Foreign Currency') per US Dollar (the 'Base
Currency').
The unit of measure against which the price is quoted shall be US Dollars.

Please let me know your approval before we make any changes.
Thanks
Carlos

---------------------- Forwarded by Carlos Alatorre/NA/Enron on 02/27/2001
04:56 PM ---------------------------

Anna Gardiner@ECT
02/27/2001 02:07 PM
To: Carlos Alatorre/NA/Enron@ENRON
cc: Amita Gosalia/LON/ECT@ECT, Enron London - EOL Product Control
Group/LON/ECT@ECT, Lara Fields/LON/ECT@ECT

Subject: Re: LME

Carlos

This looks as we agreed on the phone.  I apologise for me being a little slow
on the uptake.  It has been a long day and my brain is a little tired.  Let
me know one this is approved and I will make the changes.

Thanks

Anna

To: Anna Gardiner/LON/ECT@ECT
cc: Shane Dallmann/LON/ECT@ECT, Justin Rostant/HOU/ECT@ECT

Subject: LME

Anna/Shane:
Below is the Prod Description that I am going to take to Legal, please review
before I have it approved and let me know if you are Ok or if you have any
comments/questions,
Thanks
Carlos

For Curr LME     LME (Spot)              01Mar01         JPY/USD

A currency Transaction with Enron Europe Finance & Trading Limited ("EEFTL")
as agent for Risk Management & Trading Corp. under which either (A) for the
case in which Counterparty submits an offer to buy from EEFTL, Counterparty
shall receive the Base Currency Amount and shall pay the Foreign Currency
Amount, or (B) for the case in which Counterparty submits an offer to sell to
EEFTL, Counterparty shall pay the Base Currency Amount and shall receive the
Foreign Currency Amount. The Base Currency Amount shall equal the volume
submitted by the Counterparty via the Website. The Foreign Currency Amount
shall equal the Base Currency Amount, multiplied by the daily London Metal
Exchange (LME) fixing rate as published by Reuters on page MTLE on the date
of the transaction, modified by the price submitted by the Counterparty via
the Website.

The term of the Transaction shall correspond to the date(s) set forth in the
Product description on the Website.

The Settlement date shall be the date(s) set forth in the Product description
on the Website.

The price is quoted in JPY (the 'Foreign Currency') per US Dollar (the 'Base
Currency').
The unit of measure against which the price is quoted shall be US Dollars.


Julia Pais
30304 Spring River Drive
Southfield, MI 48076-5375
jkpais@netscape.net

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Julia Pais


Thanks,
Joe


As we discussed, a wire was sent to ONEOK this afternoon as awarded by the arbitration panel.  The wire, in the amount of $1,143,231.01, was calculated as shown below.

	$1,192,857.73		Amount due ONEOK per the arbitration panel
	     (49,626.72)		Less interest due NNG ($56,097.69 less $6,470.97;
				$196.09 interest per day times 33 days = $6,470.97; 					33 days calculated from arbitration order date 6/27/01 - 8/1/01)
	____________
	$1,143,231.01		Net Amount due ONEOK and wired on 8/1/01
	===========

If you have any questions, please give me a call at (713) 853-5691.

Rick


CONFIDENTIAL. Please don't distribute.  Evie's concerned that this letter might not be welcomed by or useful to Loretta.  I think it would be, but would be useful to have your/Loretta's views.
Let me know.

Best,
Jeff

-----Original Message-----
From: Dorothy Rothrock [mailto:drothrock@cmta.net]
Sent: Monday, October 22, 2001 1:35 PM
To: wbooth@booth-law.com; cra@calretailers.com; ek@a-klaw.com;
mikahl@ka-pow.com; djsmith@s-k-w.com; dhunter@s-k-w.com; Derek Naten;
'Dominic DiMare'
Cc: Dasovich, Jeff; Evelyn Elsesser; Loren Kaye
Subject: Reponse to Angelides

Wanna sign onto this letter to Loretta? Any suggestions? We could make it a CEA thing.

(I am copying Jeff D. as a courtesy...I think we need this to be just a customer deal).

Dot
498-3319


> >A couple had two little boys, ages 8 and 10, who were
> >excessively mischievous. The two were always getting into trouble and
> their
> >parents could be assured that if any mischief occurred in their town
> their
> >two young sons were in some way involved. The parents
> >were at their wits end as to what to do about their sons' behavior.
> >The mother had heard that a clergyman in town had been successful
> >in disciplining children in the past, so she asked her husband if he
> >thought they should send the boys to speak with the clergyman. The
> >husband said, "We might as well. We need to do something before I really
> >lose my temper!" The clergyman agreed to speak with the boys, but asked
> to
> >see them individually.
> >
> >The 8 year old went to meet with him first. The clergyman sat the boy
> down
> >and asked him sternly, "Where is God?"
> >
> >The boy made no response, so the clergyman repeated the question in an
> even
> >sterner tone, "Where is God?"
> >
> >Again the boy made no attempt to answer. So the clergyman raised his
> voice
> >even more and shook his finger in the boy's face,
> > "WHERE IS GOD?"
> >
> >At that the boy bolted from the room and ran directly home, slamming
> >himself in the closet.
> >
> >His older brother followed him into the closet and said, "What happened?"
> >
> >The younger brother replied, "We are in BIG trouble this time.  God is
> >missing and they think we did it."
> >
>


I guess it was more like 25 minutes instead of 5 minutes, but here you go ...


turn up the volume

http://www.major3d.com/animate/Mouse_final.mpeg


I have forwarded this to Fitch.  You should compare with your list and consolidate (or have Gary consolidate) onto one.
 -----Original Message-----
From: 	Taylor, Liz M.
Sent:	Thursday, September 13, 2001 8:28 AM
To:	Kean, Steven J.
Cc:	McVicker, Maureen; Daw, Nicki
Subject:	Stranded Employees

Liz Taylor
Exec. Assistant to Greg Whalley
Office of the Chairman
Enron Corporation
Tel.   713.853.1935
Fax   713.853.1838


No i guess not I was just giving you some shit and you didn't respond.
Usually you respond when I give you shit


Make sure we don't lose these two to Jeff.  Call Celeste and tell them that
we have place them in gas.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 08/15/2000
07:27 AM ---------------------------

Jeffrey A Shankman@ECT
08/10/2000 04:06 PM
To: David W Delainey/HOU/ECT@ECT
cc: John J Lavorato/Corp/Enron@Enron, Gwendolyn Petteway/HR/Corp/Enron@ENRON,
Celeste Roberts/HOU/ECT@ECT

Subject: Re: New Associates

In the fundamentals group under Hunter, there is also research going on
regarding LNG, and distillates, (and gas, weather, etc).  Vikas' background
is in crude and products, and worked at Aquiva with two of Lagrasta's
marketers.  I agreed to take him (6 months ago) and was planning for him to
research crude/products.  Celeste Roberts knows the conversations we had with
Vikas in particular becuase he wanted to start meeting people in my group and
originally did not come through the associate program, where we finally put
him, and she was involved from the beginning.  Li Sun is a Wharton MBA that
Lavo did not originally pick when he went through the list with you, and was
slated to go elsewhere.    I picked her up, after that, and she too is
someone about whom Celeste and I had many conversations. I had met her last
summer, and at Wharton recruiting events.  Prior to John's coming down
Celeste and I had agreed she could come into my organization (gas) to do
research, or to work with Vince--she is an unbelievable modeler.  I have no
idea who the other two are or where they are going, and have not met either
of them.

I suspect now that we have delineated recruiting and staffing, which occurred
recently, we won't have this confusion among the associate program
administrators again.

Not trying to kill you,

Jeff

David W Delainey
08/10/2000 03:08 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: New Associates

Jeff, you are killing me - we targeted that group specifically to build the
risk business in gas and east power in the short run.  This was well planned
effort.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 08/10/2000
03:00 PM ---------------------------

Gwendolyn Petteway@ENRON
08/10/2000 02:54 PM
To: John J Lavorato/Corp/Enron@Enron, David W Delainey/HOU/ECT@ECT
cc: Jana Giovannini/HOU/ECT@ECT, Nedre Strambler/HOU/ECT@ECT
Subject: New Associates

Dave and John, I spoke to Jeff Shenkman and he has indicated that the
following new associates are to support him in his role in Global Markets:

Dustin Collins
Vikas Dwivedi
Li Sun

Although Jeff mentioned a fourth associate, these are the only 3 that are
identified in our system.

John after speaking with you, it is clear that you have not been in contact
with Jeff regarding these associates supporting him.

Dave, can we discuss this matter?  I can be reached at 713/853-7351.  My
pager # is 1-800-980-1665.  Thanks.


I've asked Fran to reschedule this--sorry.  df

From: Emily Sellers/ENRON@enronXgate on 03/29/2001 03:05 PM
To: Drew Fossum/ET&S/Enron@ENRON, Dorothy McCoppin/ENRON@enronXgate, Louis
Soldano/ENRON@enronXgate
cc: Peggy Phillips/ENRON@enronXgate, Jan Cobden/ENRON@enronXgate, Laura
Kinningham/OTS/Enron@Enron, Fran Fagan/OTS/Enron@ENRON

Subject: LEADERSHIP DEVELOPMENT

Laura and Fran asked me reschedule their meeting with you and after checking
everyone's schedule it looks like 11:30 to 1:00 on Monday is the only time I
can get all of you together.    They have reserved EB1136 and are providing
lunch so please mark your calendars.

I will be out tomorrow but back on Monday so if a conflict should come up
before Monday call Jan Cobden at 3-6044.

Emily Sellers
ETS Legal Department
P. O. Box  1188 (77251-1188)
1400 Smith Street, Room EB4771
Houston, Texas 77002
Ph. 713-853-7172
emily.sellers@enron.com


---------------------- Forwarded by Richard Shapiro/NA/Enron on 04/16/2001
01:42 PM ---------------------------

Steve Walton@ECT
03/12/2001 10:13 AM
To: Alan Comnes/PDX/ECT@ECT, Richard Shapiro/NA/Enron@Enron
cc: james d steffes@enron, jeff.dasovich@enron.com, mhain@enron.com,
smara@enron.com, steve.walton@enron.com, tim.belden@enron.com

Subject: Re: CAISO Market Stabilization Plant

Alan,

>>> Day-Ahead & Hour-Ahead Markets

 Market separation rules aside, we should resist any mandatory Day-Ahead
Market.  The results for day-ahead clearing markets have been bid gaming to
influence price in the day-ahead market.  In PJM and NY-ISO parties submit
false load and generation schedules in set price (most often this is a low
ball load estimate),then later the true load is scheduled.  I think there is
less of a problem with the hour-ahead market since the opportunity to submit
a false bid to set price and then replace it later is very limited if not
nonexistent.

>>> Unbalance Schedules

 The general direction we are going for Eastern ISO's is to allow unbalance
schedules in the real-time market.  Tim indicated a few weeks ago that he
still wants this feature.  Normally there would be no imbalance penalties,
however, when reserve margins are so slim that the system's security is in
jeopardy, penalties would be triggered.  The result is that parties can
choose to use the real-time market or they can choose bilateral schedules or
a combination.  They are not compelled to do either.  As long as reserves are
adequate, then why should we care.

>>> Unit Commitment

 Although not on your list, I think the primary problems that the Day-Ahead
Market is trying to solve is unit commitment.  While this may be the intended
purpose, it hasn't worked very well.  Centralized unit commitment would
address the problem, but then the operator decisions have a large impact on
prices without having any consequences.  We need a proposal for making sure
that resources will be on line and that the operator knows they will be in
place.  A possible approach may be as follows (as suggested by Mike Roan):

The Operator publishes its expected real-time price for the next 48 hours
based on information supplied by generators regarding their availability and
bid price (one part) and the ISO's estimate of hourly loads.  The estimates
roll forward every hour to that a continuous two day outlook is provided to
all market participants.  The Operator provides the demand/supply curves to
the market so everyone has the same information.
As units are committed and load forecast is adjusted, the estimate of
real-time prices changes, providing signals for units to use in deciding to
commit units.  As expected price rises, more units are committed and price
goes down.
At a given point in time, such as 4 hours ahead of real-time, the Operator
locks units in as committed.  If there are inadequate units committed, it
pays to add capacity (call contracts).  If not enough is voluntarily bid, the
Operator orders units on under emergency rules contained in
interconnection/integration agreements with the generators.
The cost of the call contracts or of units ordered on is included in the cost
of imbalance energy in real-time for the hours for which those costs were
incurred.

This procedure is a continuous bid type of approach, which provides signals
and information to the market.  It or some other procedure like it is needed
to address the Operators concerns that it will be able to operate the system
and to deal with the overly conservative tendencies of a not-for-profit ISO.

Steve

	Alan Comnes
	03/09/2001 01:10 PM

		 To: james d steffes@enron, smara@enron.com, jeff.dasovich@enron.com,
rick.shapiro@enron.com, tim.belden@enron.com, mhain@enron.com,
steve.walton@enron.com
		 cc:
		 Subject: CAISO Market Stabilization Plant

Here are some initial reactions and questions to the CAISO market
stabilization plan, which is attached.

Give me or Sue Mara your comments and then we can turn it into message points
for  media / advocacy folks.

In addition to reviewing the plan, I listened in to part of a stakeholder
call that occured Friday 10 a.m. PST.

DRAFT MESSAGE POINTS:

With limited exceptions, the plan does nothing to increase supply or decrease
demand.  It primarily addresses costs and market "stability"

INTERESTING QUOTES:

"Over the edge into cost based regulation" Duke Power

Although the plan provides for cost control and for improving market
"stability" (whatever that means), the ISO staffer (Byron Wortz) who
presented the study admitted it "Will do nothing to increase supply this
summer"

A staffer, Lorenzo,  stated (paraphrased)" all out of state suppliers are
cost of service based and do not need to recieve market based rates

ON SPECIFICS

The Ugly:

Resource-specific cost based bid caps (RSBC or bid caps):  cost of service
regulation that disincent supply
The ISO will hold in-state resources hostage--cuts any exports when reserves
fall below a stated critera

Imports can only participate as price takers.  Thus if the highest-cost
in-state resource is below the opportunity cost of power, needed imports will
not come in:
 >>this will decrease supply!!
 >> Staffer stated ISO hopes to sign "longer term deals" if necessary to
secure out-of-state power but acknowledged the proposal needs more work.

The Bad:

The ISO is considering pay as bid, which is complex and does not increase
supply.  However, on the call they said they are leaing to a single price
auction.  However, with bid caps the market will still be distorted.

The Good?:

The ISO wll implement an hourly day-ahead and hour-ahead market, essentially
filling  a void created by the PX's demise.
 >>( Enron has strongly advocated market seperation in the past but do we
want to consider supporting a day ahead market?)

Market separation rules (MSR).  ISO is leaning towards option 2 in which SCs
submit bundled schedules but that market seperation would be suspended after
congestion process is conducted; i.e., final schedules may be imbalanced.
 >>What do we think of this?
.


Cheryl,

Thanks so much for extending your business trip to visit us in Houston.  I
had a blast with you being here.

I hope that you didn't get sick -- I'd feel awful if you did.  I still have
the sniffles, but managed to avoid the worst of it (so far).  Cameron perked
right up after the antibiotics kicked in.   He is his usual self today
(happily -- he was kind of a pest this weekend --  you really saw him at his
worst, unfortunately).  We watched How the Grinch Stole Christmas today on
the Cartoon Network, and he was happy as can be.

I hope you can manage the February trip and weren't frightened off by the
rough time here last weekend.  When we're not sick, we're really much more
fun!!  Besides, the pig races await.

gotta go.

Michelle


Mr. Skilling,

I am the Director of Government Affairs at Cisco and work for John Chambers
on broadband issues. John is currently one of 8 CEOs on a broadband task
force at TechNet that will drive our broadband policy agenda in the US.
TechNet (http://www.technet.org) is a 250+ tech CEO-driven policy/political
group.

We are interested in meeting with the someone in your Broadband Services
Group to discuss some of our ideas regarding a business and policy
strategy, and hoping you could direct us to the appropriate person(s).

Many thanks and regards from John.

Laura Ipsen
Director
Worldwide Government Affairs
Cisco Systems, Inc.
T:(408) 526-6650
F:(408) 853-1598

Visit <http://www.cisco.com/gov>Cisco Government Affairs Online
Sign up for <http://www.cisco.com/gov/archive/eupdates/index.html>Cisco's
Government Affairs E-Update


Good morning,

Just a heads up to let you know that there is a new product type awaiting
your approval (currently "Partially Approved") in EnronOnline Datamanager. It
is an Australian power financial spread product (#2001) and will be an
inter-regional spread using the existing financial power swap products i.e.
VIC, SA, NSW & QLD peak & flat products as the underlying contracts.

Our senior legal counsel in the Sydney office, David Minns, has indicated
that the existing GTC for Australian power products (see attached) can also
be used for this new product type.

I would appreciate it if you could review this as soon as possible. Please
let me know if you require anything further.

Note, a sigma factor (4.07) has been assigned by RAC which will be amended
after the product type has been approved.

Regards,

Justin Timothy
PCG - Sydney


John,

I made the changes you suggested.

The prior version contained a non-circumvention (you can't pursue the project
without me) versus the current exclusivity (you must work only with me),
which seems somewhat more restrictive since it would keep us from bringing in
additional participants.  I've changed language in the next paragraph to
avoid a contradiction.

 If we go with this approach then I suspect we will want to work on an LOI
which divides up responsibility going forward. Let me know what you think.

Kay


See... you think too much

 -----Original Message-----
From: 	Ward, Kim S (Houston)
Sent:	Friday, October 19, 2001 11:07 AM
To:	Fuller, Dave
Subject:	FW: Da plans

Looks like I am a big fat baby!!!!!!!!  Just getting through the rubble from the train wreck!  Looks like the weekend might be fun.

 -----Original Message-----
From: 	Heintzelman, Pete
Sent:	Friday, October 19, 2001 11:02 AM
To:	Ward, Kim S (Houston)
Subject:	Da plans

OK, just talked to LP

We are going to meet up later with his Aunt & Uncle (very fun people) and he and Cher around 9pm.  I have to go to a happy hour for Tosha's departure at 5:30 at Tealas.  You are welcome to come if you like.

Also, we have been invited to go down to the bay near Galveston and ride Jetskis tomorrow afternoon with LP and Cher.  A guy from Halliburton has a big spread down there and it sounds like fun.  We are planning to go around lunch time.  That is good bc I need to get some stuff done tomorrow around the house.  Are you in??  I hope so.

PJH

Peter J. Heintzelman
Manager, Generation Investments
Office 713-345-7024
Cell    713-553-4353


CALENDAR ENTRY:	APPOINTMENT

Description:
	Sue and Theresa on Tenaska issue

Date:		4/9/2001
Time:		9:00 AM - 10:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Attached are summaries of two recent Edison advice letters.

Dan

Law Offices of Daniel W. Douglass
5959 Topanga Canyon Blvd.  Suite 244
Woodland Hills, CA 91367
Tel:   (818) 596-2201
Fax:  (818) 346-6502
douglass@energyattorney.com <mailto:douglass@energyattorney.com>


Mike,

Enjoyed seeing you at the Masters and hope we can do it again in 2002.

I've taken the liberty to attach below the name of an individual who has a
distinguished business career and since leaving Pittston as an executive VP
in 1998, has started his on fund as well as developing other business
ventures.  He is very well connected and highly regarded in the Wall Street
financial community.

I don't know where it may lead but I am of the opinion it would be of
benefit for you both to at least have a discussion and explore
opportunities.

I look forward to your next visit to BMR and also hearing the outcome of
your discussion with Gary.

Regards, Ed Bolton

Gary R. Rogliano
Chief Executive Officer
Snowmagic Entertainment
1099 Wall Street West
Lyndhurst, New Jersey  07071
phone: 201.672.9090
fax: 201.672.9091
cell phone:914.643.3314
email: grogliano@snowmagic.com


Mike,

I don't have your work number. Walker flaked on dinner (did I call that or what). I am coming to town Feb 2. I'll give you a call next week with the details.

Chris


From: ISO

ISO declared STAGE 3 Electrical Emergency for 05/08/2001 15:10 through 05/08/2001 21:59

For more information contact:
webmaster@caiso.com

EDIS-05-08-01 1511 PDT

---------------------------------------------------------
To update or terminate your subscription to this email service
visit our webpage at http://www.incident.com/edismail.html.

EDIS is operated by the Governor's Office of Emergency Services,
State of California. This email relay is offered by incident.com
as a public service. Because of the complexity of this system and
its dependence on other systems, we cannot be responsible for
delays or failures in transmission.
---------------------------------------------------------


Enron Benefit Plans
Summary Annual Report

The basic financial and insurance information along with file attached
provides a Summary Annual Report for the Enron Benefit Plans.  The annual
report for each plan has been filed with the Internal Revenue Service, as
required by the Employee Retirement Income Security Act of 1974 (ERISA).

NOTE:  You may receive a report for a benefit plan in which you are not a
participant or under which you are not entitled.  Entitlement to benefits
under any of the plans is based on the provisions of each plan.

Your Rights to Additional Information

You have the right to receive, upon request, a copy of the full annual
report, or any part thereof, for any plan.  For insured plans, insurance
information (including any sales commissions paid by insurance carriers) is
shown in the annual reports.

To obtain a copy of the full annual report, or any part thereof, for any
plan, write or call:

Enron Corp
1400 Smith Street
Houston, TX  77002-7311

(713) 853-6161

You also have the right to receive from the plan administrator, on request
and at no charge, a statement of the assets and liabilities of the plan and
accompanying notes, or a statement of income and expenses of the plan and
accompanying notes, or both.  If you request a copy of the full annual report
from the plan administrator, these two statements and accompanying notes will
be included as part of that report.

You also have the legally protected right to examine the annual report at the
main office of the plan (Enron Corp., 1400 Smith Street, Houston, TX
77002-7311) and at the U.S. Department of Labor in Washington, D.C., or to
obtain a copy from the U.S. Department of Labor upon payment of copying
costs.  Requests to the Department should be addressed to:  Public Disclosure
Room, N-5638, Pension and Welfare Benefits Administration, U.S. Department of
Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210.


The attached document is draft 4 of the Interim services ENA will provide to
Bridgeline.  Please review and provide any comments ASAP as we are working
towards a FINAL version.

I will be coordinating a meeting for next week to review these services and
provide a status.  If you are interested in attending, please let me know.

Thanks,

Brenda
713-853-5778


Did you want this cpy on the list for Legal/Credit meeting?  ERMS hasn't been
expanded as an Enron company to be added to list for discussion at meeting,
and we have some old ERMS era masters people are working on that aren't
getting discussed, and some ERMS era masters that should be unchecked so we
do not discuss them at meeting.


NewPower to offer another pilot program to Houston employees

Free remote energy management solution helps you to manage rising energy bills.
NewPower is launching a revolutionary technology pilot to the first 500 people to sign up in the Houston area.  The NewPower Connections Remote Energy Management Solution is a pilot program designed to give consumers control of their thermostat via the Internet.  The program will allow thermostats to be adjusted from anywhere, with any Internet-enabled device, including computers, web-enabled cell phones, palm OS devices, or pocket PCs.  Sears Home Central will install and service the Remote Energy Management Solution at no charge throughout the duration of the pilot program.  For a typical household, the three-month pilot could result in up to 10 percent to 15 percent utility bill savings, based on personal usage and the size of your home.

Be among the first to participate absolutely free.
Enrollment with the NewPower Connections Remote Energy Management Solution pilot program starts May 14 and continues through the end of the month.  For more information about this offer, visit NewPower's table located in the Plaza of the Enron Building near the down escalator from 11:00 a.m. to 2 p.m. during the week of May 14.  To become a pilot participant you need only to be a homeowner in the Houston area and have Internet access.  You do not even have to be a NewPower electricity customer to participate.  For more information about NewPower Connections, send an e-mail to connections@newpower.com.

Disclaimers:
Any contract for goods or services that is entered into by an Enron employee with respect to the NewPower program shall be solely between NewPower and such employee.  Enron assumes no obligation on behalf of NewPower and makes no representations, warranties, or guaranties with respect to NewPower, any goods or services offered or provided by NewPower.  Home.Enron.com


[IMAGE] Forums Discuss these points in the Forums:  Forexnews Forum       Technicals Live Charts Analysis available from: Cornelius Luca   J.P. Chorek   Technical Research Ltd.   Charts & News featuring Standard & Poor's       Interest Rates   US: Japan: Eurozone: UK: Switzerland:   1.75%  0.15%  3.25%  4.0%  1.25-2.25%       [IMAGE] 	 [IMAGE]  USD/JPY Hits New 3-Year High Above 133  January 9, 7:00 AM: EUR/$..0.8929 $/JPY..132.31 GBP/$..1.4414 $/CHF..1.6569  USD/JPY Hits New 3-Year High Above 133 by Jes Black  No Key Data  The dollar kept pressure on the yen today, driving it to a new 3-year low of 133.37 in Tokyo before falling back to support around 132.20 in European trade. Again, the Japanese were main sellers of yen after Monday's corrective buying gave way to a 2% sell-off over the past two trading days. The euro also rose by the same amount, but has failed to reach new highs since its 2-year peak of 119.71 last week. Meanwhile, USD was relatively unchanged in London trade against the euro and sterling but added to overnight gains against the Swiss franc.  The market continued to react to overnight comments by Japanese monetary officials that showed their acceptance of a weaker yen. Japan's top financial diplomat, Kuroda, said on Wednesday that the country's FX policy remained unchanged despite the yen's rapid 10% decline over the past 2 months. Economics Minister Takenaka also said late last night that following his meetings with US economic officials he saw the US economy rebounding more quickly than previously thought and that weakness in JPY was not "far off economic fundamentals" for the struggling Japanese economy. Although Takenaka later admitted that he did not discuss FX levels with US officials, his comments carried with it the implicit impression that the US was fine with a weaker yen  Japanese officials are now likely to remain quiet ahead of PM Koizumi's 7-day tour around southeast Asia which begins today. Although US monetary officials have expressed a desire to let markets determine FX rates, countries such as China and Korea have voiced concern about Japan exporting their deflation to the rest of the area. In the absence of further encouragement and the fact that JPY is technically oversold a period of consolidation would not be unusual. But any correction in USD/JPY would likely hold around 130-132 dealers say.   CHF fell on the back of a further rise in Swiss unemployment to 2.4% in December from 2.1% in November. This showed the labor market coming under increased pressure as economic weakness permeates the economy. But markets paid more attention to Swiss National Bank Vice-Chairman Gehrig who reportedly said in an interview that the SNB's next move could be either up or down. This surprise comment caught markets off guard and given that the economy should show flat growth in H2 2002, as well as the central bank's dissatisfaction with the current strong CHF exchange rate, traders sold the franc versus the euro and dollar.  USD/CHF rose to a new high of 1.6591 in European trade after breaking key resistance at 1.6575/80. The dollar's renewed strength since touching uptrend support at 1.6350 last week has been bullish for the pair and next resistance is seen at 1.6650 and 1.6680. Support is seen at 1.6510 and 1.6475. EUR/CHF also rose to a high of 1.48.  Meanwhile, the dollar hovered in a tight range against the euro and sterling as both EUR/USD and GBP/USD showed little decisive price action.  EUR/USD tested key support at 89.10, which marks the 50% Fibonacci retracement of the move from 82.25 to 95.96. Overnight, the pair briefly tested resistance at 89.50, but was rejected. Now, failure to maintain above 89.10/20 would probably call for a test lower to 87.60/40. Looking at the hourly chart, EUR/USD has traded neatly within the 38.2% and 61.8% Fibonacci retracement levels of the move from 82.25 to 95.96. These levels are 90.72 and 87.64 respectively and were tested on December 17, 25 and most recently on January 2 when the single currency reached a high of 90.63.  GBP/USD also looks weak as resistance at 1.4440 has proved hard to break. Cable's position has worsened since failing to break through resistance at 1.4547 on January 2. This level marks the 61.8% Fibonacci retracement of the move from 1.51 to 1.3680. Cable is now trading at a day's low of 1.4388, which also marks the 50% retracement of the same move. A close below this level would target 1.4360, followed by 1.4340, 1.4300 and 1.4250. Resistance is eyed at 1.4440, 1.4480, 1.450 and 1.4550.  In the UK, attention continues to center around that debate and the dilemma now faced by the Bank of England over whether or not to ease rates for the struggling manufacturing sector in light of robust consumer spending. The BoE's monetary policy committee meeting on Thursday is expected to leave rates unchanged at 4.0%. However, unexpectedly strong consumer spending released last week prompted BoE Governor George to express some concern, saying that if demand did not abate the central bank would raise rates as soon as the economy recovered.   EUR/GBP also fell to a day's low of 61.88. Support at 61.70 should maintain, but the high of 62.80 reached on January 2 in the wake of europhoria and renewed EMU debate could be seen as a selling opportunity say dealers who see strength in euro abating.   Meanwhile, the single currency's prospects were also hurt by rising fears in Argentina over the possible collapse of the new economic plan, given that the euro is the most exposed of the major western currencies. In addition, the Eurozone business climate indicator fell to -1.23 in December from -1.20 in November, for a 10th consecutive month, and to the lowest since July 96.  Also worrisome was the fact that E-12 Q3 labor costs rose 3.3%, more than the previous 2.7% in Q3 and above expectations of  2.6%.  	[IMAGE] Audio Mkt. Analysis Officials Drive Down JPY, CHF       Articles & Ideas  What's Next For the Euro?   A Look Back at 2001, Forex Themes for 2002       Articles & Ideas Forex Glossary   Economic Indicators   Forex Guides   Link Library      [IMAGE]
		[IMAGE][IMAGE] [IMAGE][IMAGE]
		  This e-mail is never sent unsolicited. If you wish to unsubscribe from this or any other Forexnews.com newsletters, please click here .


----- Forwarded by Steven J Kean/NA/Enron on 02/28/2001 02:07 PM -----

	James D Steffes
	02/27/2001 02:15 PM

		 To: Alan Comnes/PDX/ECT@ECT, bhansen@lhom.com, Harry
Kingerski/NA/Enron@Enron, hgovenar@govadv.com, Janel
Guerrero/Corp/Enron@Enron, JBennett@GMSSR.com, Jeff Dasovich/NA/Enron@Enron,
jkradin@marathon-com.com, Joe Hartsoe/Corp/Enron@ENRON, John
Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Karen Denne/Corp/Enron@ENRON,
Linda Robertson/NA/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, Mary
Hain/HOU/ECT@ECT, mday@gmssr.com, Paul Kaufman/PDX/ECT@ECT,
rcarroll@bracepatt.com, rlichtenstein@marathon-com.com, Richard
Shapiro/NA/Enron@Enron, Sandra McCubbin/NA/Enron@Enron,
syamane@marathon-com.com, SGovenar@govadv.com, Steven J Kean/NA/Enron@Enron,
Susan J Mara/NA/Enron, ken@kdscommunications.com
		 cc:
		 Subject: CA Supply Realities

Here are the facts to be converted into Talking Points / Facts Sheet for CA
TEAM.

Thanks,

Jim

----- Forwarded by James D Steffes/NA/Enron on 02/27/2001 02:14 PM -----

	Mary Schoen
	02/22/2001 02:55 PM

		 To: Neil Bresnan/HOU/EES@EES, Alan Comnes/PDX/ECT@ECT, Jubran
Whalan/HOU/EES@EES, Kristin Walsh/HOU/ECT@ECT, Clayton Seigle/HOU/ECT@ECT,
Jeffrey Keeler/Corp/Enron@ENRON, James D Steffes/NA/Enron@Enron, Harry
Kingerski/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Janel
Guerrero/Corp/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Sandra
McCubbin/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Paul Kaufman/PDX/ECT@ECT
		 cc:
		 Subject: CA Supply Realities

Attached is a memo comparing the CEC's forecasted supply and a more realistic
look at what additional resources might be available this summer.

The bottom line is that:

1.  The CEC significantly underestimates the outages that may occur this
summer.  They estimate in their 5,000 MW supply deficit for the summer that
expected outages will be around 3,000MW.  However, November and December saw
significantly higher outage levels.  (7,265 MWs) The FERC has investigated
these outages and found no improprieties- just that the plants are overtaxed
from running at higher than normal capacities.

2.  There are a lot of uncertainties surrounding the 1,244 MWs of projected
supply from rerating/restarting existing thermal and renewable projects.  It
is very unclear how much of this will be able to come on line by this summer,
if at all.  As evidenced by the e-mail I sent out this morning, local
communities may be very opposed to restarting shut down units.  In addition,
these units are likely to be uneconomical.

3.  In the existing resource pool, there are roughly 1,430 MWs of peaking or
other generation units that are running up against their operating hour
limitations from air quality regulations.  The Governor has ordered the local
air quality districts to address these restrictions,  We are beginning to
seem some movement; however, the US EPA has yet to weigh in on these relaxed
standards.

4.  The distributed generation/back-up generation capacity to make up some of
the shortfall is still an unknown.  While there has been some relaxing of the
limitations on run hours for back-up generation at "essential public
services" the increase in DG is expected from "clean" sources, not diesel
emergency generators.

5.  The CEC is doing everything it can to get 50+ MW peaking units on-line by
this summer.  They are promising a 21-day permit application approval process
and are offering to pay half of the cost of offsets, for "clean" sources of
generation in critical areas.

Please let me know if you have any questions or need additional information.

CEC's Summer Forecasted Peak Demand - Resource Balance:

List of Peakers running into their operating hour limitations:

Also available in hard copy format only:
(please e-mail me your fax number if you'd like a copy)

Table 1:  Fully Executed CA ISO Summer Reliability Agreements (the ISO
Peaking Facilities)
Table 2:  Summer 2001 Supply Options - Renewables Construction Status Summary
Table 3:  Summer 2001 Supply Options - Rerate of Non-CEC Projects
Table 4:  Summer 2001 Supply Options - CEC Rerate Status Summary
Table 5:  Idle Biomass Plants Potentially Capable of Restart
Mary Schoen
Environmental Strategies
Enron Corp
713-345-7422


Matthew Streit
2609 Fremont Ave. S.
Minneapolis, MN 55408
mattstreit@hotmail.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Matthew Streit


Congrats!  You made an organizational announcement e-mail, so you must be going places!

L, T

 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON [mailto:IMCEANOTES-Enron+20Announcements_Corp_Enron+40ENRON@ENRON.com]  On Behalf Of Cindy Olson- EVP HR & Community Relations@ENRON
Sent:	Sunday, July 08, 2001 5:31 PM
To:	All Enron Worldwide@ENRON
Subject:	HR Organizational Changes

In the past few months, Enron has received numerous requests from other companies to share some of the processes and systems that we have developed within HR.  Also, several new businesses have been created recently by consulting companies to pursue what some financial analysts believe is a huge untapped market in aggregating HR services.  Recently, we completed an internal review to consider what role Enron could play in this arena and have decided to explore some very specific external opportunities.  Due to the time commitment required to pursue these opportunities, we are assigning dedicated resources to this effort.  Effective immediately, the HR community will have three major areas of focus that will be working together in order to optimize HR transformation and commercialization.  Taking the lead roles will be myself, Mary Joyce and David Oxley (see below and attached chart).

?	I will lead this new effort in addition to continuing to lead those areas of HR that are our prime candidates for commercial opportunities.  Reporting to me on this commercialization effort will be:  Brad Coleman with the overall lead; Andrea Yowman who will focus on software applications such as PEP, Expertfinder and Global Compensation; Sarah Davis who will focus on Worklife; Elyse Kalmans who will focus on Community Relations; Cynthia Barrow who will focus on Benefits and Wellness; and Yevgeny Frolov and Dan Brown who will focus on E-learning and Talent Management.  I will continue to report to Steve Kean.

?	David Oxley will take the overall lead for HR across all business units focusing on continuing to increase the value HR brings internally to Enron.  The networked recruiting, Organization Development and Training and Business Unit Compensation consulting functions, the Global PEP team, as well as the generalist consulting responsibilities for all Corp. groups, will report directly to David. The HR leads for EWS, EES, EBS, ETS and EGAS will report jointly to their business unit OTC's and to David from a functional HR perspective. In this regard David will now report to Steve Kean.

?	Mary Joyce will add Global Information Management, Corporate Compensation services and Reporting/ Analysis, to her current Executive Compensation responsibilities.  Kathy Schultea, Felecia Acevedo, Cindy Ward and Suzanne Brown will report into Mary's organization. Mary will continue to report to Steve Kean.

?	With Drew Lynch's promotion to COO Metals and David's increased responsibilities, Robert Jones will take the HR lead for EWS Americas. Robert will report to the EWS OTC. Jon Chapman has been appointed head of HR for EEL, based in London, and will report to the EEL OTC. Both Robert and Jon will report to David from a functional HR perspective.

Additional realignment of resources will enable our team to further improve daily employee services, partner with Business Unit initiatives and maximize opportunities for commercialization.  These modifications are as follows:

?	Scott Gilchrist will lead HR for the newly formed EGAS.  As such he will focus his attention on the asset positions in South America, Latin and Central America, the Middle East and Asia.  The European assets will continue to be a part of EEL.  Scott will also work closely with Rebecca McDonald and Sandip Mallick in relation to our assets in India.  Scott will report to the EGAS OTC, Rebecca McDonald and David as above.

?	Michelle Cash has agreed to take the lead of the Corporate OLER function for an interim period to determine how it should operate and be organized.  She will report to me for this particular function, but of course will remain primarily a part of the EWS legal function reporting to Mark Haedicke.

?	Sheila Walton will lead the HR Generalist activities for all Corp functions.  Jo Ann Hill, and all of the corporate generalist functions currently under Jo Ann, will report to Sheila Walton.  Sheila will continue to report to David.

?	Sarah Davis will add the Click at Home program to her current responsibilities, and will continue to report to me.


Houston Offices Bankrupt and Non-Bankrupt Business Units:
If you own, lease, rent, or receive invoices for copiers or have questions
regarding copiers
Please call Harry Grubbs at 713-853-5417, or harry.grubbs@enron.com.

All Bankrupt entities outside Houston, or other Offices outside Houston
that are closing:
If you own, lease, rent, or receive invoices for copiers or have questions
regarding copiers
Please contact Paula Corey at 713-853-9948, or paula.corey@enron.com.

Non-Bankrupt Entities Outside Houston:
Please call Harry Grubbs at 713-853-5417, or harry.grubbs@enron.com.


Here are the picks for the week.  If you want to use the spreadsheet to see
the results of the games as they are being played, enter a "W" (no quotes)
in the column above the winning team name (Row 5) and the winning points
will total in Column G.  You can also do points lost by unhiding Column H
and entering an "L" in the column above the name of the losing teams.

Last person standing team votes are:

New York Giants
Oakland Raiders
Philidelphia Eagles
San Francisco 49'ers
and
Barry Bonds


Rick:
(cc: Jim)

Will do. I'll send you the article (by an academic who works with us
occasionally) and a short summary of why I think it might be relevant to
your current merger issues.

Speak to you soon.

Seab

This e-mail, and any attachments thereto, is intended only for use by the
addressee(s) named herein and may contain legally privileged and/or
confidential information.  If you are not the intended recipient of this
e-mail, you are hereby notified that any dissemination, distribution or
copying of this e-mail, and any attachments thereto, is strictly
prohibited.
If you have received this e-mail in error, please immediately notify me at
(617) 354-0060 and permanently delete the original and any copy of any
e-mail and any printout thereof.

Seabron Adamson
Frontier Economics Inc
Two Brattle Square
Cambridge, MA 02138 USA
Ph:  (617) 354-0060
Fax: (617) 354-0640
seabron.adamson@frontier-economics.com

www.frontier-economics.com

-----Original Message-----
From: Shapiro, Richard [mailto:Richard.Shapiro@ENRON.com]
Sent: Tuesday, November 20, 2001 12:12 PM
To: seabron.adamson@frontier-economics.com; Steffes, James D.
Subject: RE: Merger analysis

Please send it...I'm going to be intimately involved in the regulatory
approvals process. Thanks. I'll give you a call early next week to
discuss.

-----Original Message-----
From: Seabron Adamson [mailto:seabron.adamson@frontiereconomics.com]
Sent: Tuesday, November 20, 2001 11:14 AM
To: Steffes, James D.; Shapiro, Richard
Subject: Merger analysis

I realize both of you are probably crazy busy, but I thought I'd drop a
line. I hope everything is going OK during the upheaval.

I have a very good argument (and paper by an academic) to send you
regarding
market power analysis for the Enron-Dynegy merger approval process if
you
are involved in all of that. Seems like the FERC is going to be trying
very
hard to figure out how to do this.

All the best,

Seab

This e-mail, and any attachments thereto, is intended only for use by
the
addressee(s) named herein and may contain legally privileged and/or
confidential information.  If you are not the intended recipient of this
e-mail, you are hereby notified that any dissemination, distribution or
copying of this e-mail, and any attachments thereto, is strictly
prohibited.
If you have received this e-mail in error, please immediately notify me
at
(617) 354-0060 and permanently delete the original and any copy of any
e-mail and any printout thereof.

Seabron Adamson
Frontier Economics Inc
Two Brattle Square
Cambridge, MA 02138 USA
Ph:  (617) 354-0060
Fax: (617) 354-0640
seabron.adamson@frontier-economics.com

www.frontier-economics.com

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


Allyson,

The nondisclosure agreement is acceptable for the our purposes at this time.

Kay


Done. I'm moving in! Can I borrow your lawn mower? I need to decide what I am going to do with my ride. I think I am going to bring it with me and buy a set of winter wheels and some killer winter tires. Don't you have a tire guy?

 -----Original Message-----
From: 	Rob Laird <RLaird@natsource.ca>@ENRON
Sent:	Thursday, August 09, 2001 10:02 AM
To:	Dorland, Chris
Subject:	RE:

1 block away....

-----Original Message-----
From: Chris.Dorland@enron.com [mailto:Chris.Dorland@enron.com]
Sent: Thursday, August 09, 2001 9:02 AM
To: RLaird@natsource.ca
Subject: RE:

Lee Clarke... Sounds like a fag. Garrison woods that is the place my mom
was talking about. Do you live near there?

    -----Original Message----- [Dorland, Chris]
   From:   Rob Laird <RLaird@natsource.ca>@ENRON
   Sent:   Thursday, August 09, 2001 9:39 AM
   To:     Dorland, Chris
   Subject:  RE:

   Nice brownstones in garrison woods, the remodeled area of altadore, that
   area offers lots of options from apartment condo's to houses to
   townhouses
   etc. Kerri? Haven't seen here for a while, hear she is pretty serious
   with a
   guy named Lee Clarke....

   -----Original Message-----
   From: Chris.Dorland@enron.com [mailto:Chris.Dorland@enron.com]
   Sent: Thursday, August 09, 2001 8:35 AM
   To: RLaird@natsource.ca
   Subject: RE:

   I really want to live in Altadore. I hear that is where all the fly
   bitches
   hang. I don't know to be honest Killarney / Altadore / West Hillhurst ?
   Close to downtown. I am thinking infill / townhouse. My mom has a friend
   who says there are nice brownstone townhomes in Altadore. I am thinking
   of
   checking those out. I am looking for minimal maintenance. Do you have
   any
   ideas? Seen Kerri Murray lately?

   CD

       -----Original Message-----
      From:   Rob Laird <RLaird@natsource.ca>@ENRON
      Sent:   Thursday, August 09, 2001 8:39 AM
      To:     Dorland, Chris
      Subject:  RE:

      Where do you want to live, which area, condo/house?

      -----Original Message-----
      From: Chris.Dorland@enron.com [mailto:Chris.Dorland@enron.com]
      Sent: Wednesday, August 08, 2001 2:49 PM
      To: RLaird@natsource.ca
      Subject: RE:

      Actually lots. Keep this on the QT for now but this kid is moving
   back
      to
      cow town. I'll be in town next week shopping for somewhere to live.
   Just
      in
      time for ski season.

      Later

      Chris

          -----Original Message-----
         From:   Rob Laird <RLaird@natsource.ca>@ENRON
         Sent:   Wednesday, August 08, 2001 2:56 PM
         To:     Dorland, Chris
         Subject:

         What up dog?

   **********************************************************************
      This e-mail is the property of Enron Corp. and/or its relevant
   affiliate
      and
      may contain confidential and privileged material for the sole use of
   the
      intended recipient (s). Any review, use, distribution or disclosure
   by
      others is strictly prohibited. If you are not the intended recipient
   (or
      authorized to receive for the recipient), please contact the sender
   or
      reply
      to Enron Corp. at enron.messaging.administration@enron.com and delete
      all
      copies of the message. This e-mail (and any attachments hereto) are
   not
      intended to be an offer (or an acceptance) and do not create or
   evidence
      a
      binding and enforceable contract between Enron Corp. (or any of its
      affiliates) and the intended recipient or any other party, and may
   not
      be
      relied on by anyone as the basis of a contract by estoppel or
   otherwise.
      Thank you.

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


Here are my observations:

I'm not certain that an Enron entity will provide a performance guaranty.  I
agree that the commercial deal is that a portion of the fee will be at risk
for a performance problem.

Is the reference to the "State" a reference to the DPUC or CRRA?

As far as I know, the CRRA deal is still in the works, with nothing but a
confidentiality agreement (with an exclusivity provision) signed, and in my
opinion should not be presented as being a done deal.

Kay

"Susan Young" <syoung@bracepatt.com> on 09/27/2000 01:00:40 PM
To: <dan.lyons@enron.com>, <heather.kroll@enron.com>, <kay.mann@enron.com>
cc: "W. Cleland Dade" <cdade@bracepatt.com>

Subject: FuelCell Talking Points

Attached is a clean and redline version of talking points for today's
teleconference.  Please call me at (713) 221-1131 with your questions or
comments.

Thanks.

Scott

 - Discussionpoints.pdf
 - Discussionpointsred.pdf


Great follow through!  Thanks for managing the doorstep process in Mexico so
that Max and his team saw that as a plus for them.  Perfect approach and
outcome.  --Sally

From: Beth Apollo/ENRON@enronXgate on 03/09/2001 08:31 AM
To: Max Yzaguirre/NA/Enron@ENRON
cc: Sally Beck/HOU/ECT@ECT
Subject: FW: Gordon Heaney's Acceptance

Max - Hi there, sounded like (from Jaime) you guys have had a busy week with
various government officials.  I hope the result was good.

We all had a really helpful meeting here in Houston with those guys, and I
just wanted to let you know that we have found a person to focus time on
Mexico and work with Jaime and Agustin.  He is bi-lingual and very excited
about the prospect.  We expect him to be proactive and help out quite a bit
with setting up the new Mexico trading legal entity.   I have no doubt that
this will fix most of the little issues that we discussed.

We also assigned someone to come to Monterrey to set up Jaime and Agustin
with system access where appropriate, and especially access to Livelink, our
automated contract viewing system.  This should facilitate access to all
Mexico contracts online (originals kept in Houston), and there should be no
need to keep hard copies in Mexico.

Please let me know if you see any other areas where Energy Ops can help, or
should be more involved.

Beth
 -----Original Message-----
From:  Theriot, Kim
Sent: Thursday, March 08, 2001 5:30 PM
To: Perez, Agustin; Williams, Jaime
Cc: Beth Apollo/HOU/ECT@ENRON; Heaney, Gordon
Subject: Gordon Heaney's Acceptance

Augustin/Jaime,

I just wanted to let you know that Gordon has accepted our offer to take on
the new position supporting your trading organization.  He is very excited
and looks forward to working with you both.

We are going to work on a transition period for him.  He is currently
finishing a project on Paper and Pulp settlements to automate those
processes.  He would like to finish this process before he takes on his new
assignment full time.  He anticipates the completion of the automation to be
within the next few weeks.  In the meantime we will work on having him
cross-train for his new responsibilities.

Please let me know of any questions that you have.

Kim Theriot
713-853-1771


John - Apologies for the long note below but I believe it will be useful to get into the detail to resolve our Colonial recall issues.

Below is some detail on Colonial discrepancies involved with recallable deals in Dec-00 and Mar-01.  Please advise as to what the next course of action should be to clear this up.  I would be happy to meet with any one involved to clarify any issues or questions.

Overview:  I am still unclear as to what recallable means.  It sounds from your note below and everything that Cindy has told me, that by recall you simply mean a buy back or back-to-back as it resides within our system.  However, Colonial is not billing or settling it that way.  They are wanting to collect on their sale for these items while considering our sales for these as never having flowed.  Unless, I am missing something from your conversations with Colonial their may be a disconnect with them.

Note, the first section attached is fairly straight forward.   All recall sales being disputed by Colonial involve direct back-to-back sales with Colonial.  As for deal #658124, I see no problems between Sitara and Unify; Colonial is questioning only 4,500 on day 8 and no other gas on deal 336733.  In fact, Unify will not allow an imbalance on all back-to-back or brokered deals.

Section two shows the items that Colonial has claimed as recalled in Dec-00.  They have yet to give me days so I can not break out the items from our market to our sales to Colonial.  But, they all involve back-to-backs.

Section three shows other TETC items in dispute.  I listed these simply because I consider it possible that these may be involved in the recall items in question.

Thank you - Scott Dozier
5-7213

John Hodge
05/09/2001 05:14 PM
To:	Scott Dozier/NA/Enron@Enron
cc:	Cynthia Franklin/Corp/Enron@ENRON

Subject:	Re: Colonial Outstanding AR

According to Dick's notes from the deal ticket, we recalled the gas on 12/7/00, 12/28-31/00, 3/8/01, 3/22/01 and 3/24-26/01.  In talking with Cindy, it appears that at least two tickets were put into Sitara.  One ticket was our sale to Colonial and another ticket has us buying back from Colonial.  Sitara # 658124 is the ticket covering the buyback for March 2001.  Looking at the ticket in Sitara, there is an inconsistency between the Sitara volumes and the Unify bridged volumes.  Cindy, have you had a chance to check into this?

	Enron North America Corp.  From:  Scott Dozier                           05/09/2001 04:46 PM

To:	Dick Jenkins/HOU/ECT@ECT, John Hodge/Corp/Enron@ENRON
cc:	Cynthia Franklin/Corp/Enron@ENRON

Subject:	Colonial Outstanding AR

Dick or John,

Any word on the outstanding TETC items that were orginally thought to be recallable with Colonial?

Thank you,
Scott Dozier
5-7213

<Embedded StdOleLink>


After looking at this I realize it may not be as helpful as I thought -
certainly would need to add more analysis on the delivery obligations like FM
and other rights to interrupt.  Call if you have any questions (713 853 6349).

ps  if you get a chance I would love to see the form PGE used in addition to
the WSPP - I think you said it was PGE 11.

Thanks
Have a great weekend.


Pulp prices on the fall again...
-----Original Message-----
From: Velez, Luis
Sent: Monday, July 16, 2001 9:15 AM
To: Causholli, Monika
Subject: FW: Market Pulp Prices Continue to Fall; Goldman Sachs High
Yield Research; 7/16/01

Monika!!
Hot Update from GS
Luis Carlos

-----Original Message-----
From: Stivaletti, Joe [mailto:joe.stivaletti@gs.com]
Sent: Monday, July 16, 2001 8:47 AM
To: Stivaletti, Joe
Subject: Market Pulp Prices Continue to Fall; Goldman Sachs High Yield
Research; 7/16/01

Market Pulp Prices Continue to Fall; Goldman Sachs High Yield Research;
7/16/01

This week's issue of Pulp & Paper Week shows an NBSK pulp price of
$500/tonne, down from $540/tonne last month and $710/tonne at the beginning
of the year.  As we wrote about last week, demand for pulp continues to be
very soft, with Norscan shipments down a whopping 10.6% during the first six
months of 2001.  This ties to lower demand for paper products as a result of
general economic weakness.

Norscan stocks are still too high, totaling 1.781 million tonnes at the end
of June.  Although pulp inventories typically rise during the seasonally
slow months of July and August, we are optimistic that increased amounts of
producer downtime this summer will actually improve the inventory situation
somewhat.  Producers have already announced 550,000 tonnes of downtime for
the third quarter, which equates to 9% of Norscan quarterly capacity.  The
extent of Q3 downtime will determine how quickly the pulp market can
stabilize and when pulp prices can begin to reverse this slide.

Our forecast is for an average NBSK pulp price of $580/tonne in 2001, down
from $685/tonne in 2000.

Joe Stivaletti
Goldman, Sachs, & Co.
High Yield Research
85 Broad Street, 29th floor
New York, NY 10004
(212) 902-3299


FYI
---------------------- Forwarded by Richard Shapiro/NA/Enron on 04/04/2001
07:31 AM ---------------------------

Linda Robertson
04/02/2001 06:27 PM
To: Richard Shapiro/NA/Enron@Enron
cc: Joe Hartsoe/Corp/Enron@ENRON

Subject: Re: Proposed Changes to Business Practices Based on the California
Energy Crisis

We will check.  Joe?

	Richard Shapiro
	04/02/2001 05:20 AM

		 To: Linda Robertson/NA/Enron, Joe Hartsoe/Corp/Enron
		 cc:
		 Subject: Proposed Changes to Business Practices Based on the California
Energy Crisis

FERC implications for merging EPMI into ENA?
---------------------- Forwarded by Richard Shapiro/NA/Enron on 04/02/2001
04:19 AM ---------------------------
From: Mark E Haedicke@ECT on 03/28/2001 04:24 PM
To: Mark Frevert/Enron@EnronXGate, Greg Whalley/HOU/ECT@ECT, John J
Lavorato/Enron@EnronXGate, Louise Kitchen/HOU/ECT@ECT, Rick
Buy/Enron@EnronXGate, Tim Belden/HOU/ECT@ECT, David W Delainey/HOU/EES@EES,
Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, William  S
Bradford/Enron@EnronXGate
cc:

Subject: Proposed Changes to Business Practices Based on the California
Energy Crisis

Over the past several months, we have reviewed in detail our trading
contracts and the companies through which we conduct our trading business in
California.  In order to reduce Enron's non-market risks ( e.g. legal, credit
and regulatory) in the volatile commodity markets in California or any "
future California", we propose the following changes:

1.    Mandatory Uniform Set-Off Provisions in All Trading Contracts for All
Commodities -- set-off language varies commodity by commodity in trading
contracts.  Set-off is one of the most critical tools available to Enron in a
major default situation and it is critical to have set-off language and to
have it be uniform commodity to commodity so that Enron can get the best
advantage from set-off and not just the least common denominator.

2.     Master Netting Agreements For Appropriate Counterparties With Multiple
Masters With Significant Opposite Exposures -- where it is necessary to have
multiple masters with a counterparty, a "bridge" should be put in place
between the masters whenever there is significant opposite exposures under
the two or more masters.

3.     Merge EPMI into ENA -- power trades are done through EPMI.  Merging
EPMI into ENA and conducting power trades through ENA is much more efficient
from both a credit and legal point of view.

4.     No Automatic Termination for a Bankruptcy Event -- in the PGE/SCE
situation, it should be the non-defaulting party's (Enron in this case)
option to terminate rather than an automatic termination on "inability to pay
debts as they become due".

Let me know if you have any other proposed changes to our trading contracts
or entities through which we conduct our trading.  I believe these changes
will (i) improve efficiency, (ii) reduce risks, (iii) develop the opportunity
to do more business with certain counterparties and (iv) substantially
improve Enron's position in the next California type market.  The long range
goal is to conduct as much as possible of the trading business through a
single entity and a single or limited number of standardized agreements.


4:00 is great. Please, let's go together to meet Claire. Thanks. Jin

Benjamin Rogers@ECT
02/22/2000 11:28 AM
To: Jinsung Myung/Corp/Enron@ENRON
cc:

Subject: Re: Calpine Update

Don Black said a good time ti meet this afternoon is 4:00pm.  I have a 2:00pm
and I will call Claire in structuring to meet with her as well.  Give me a
call if you have any questions. Thanks! Ben


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 04/09/2001 04:09 PM -----

	Jean Munoz <jmunoz@mcnallytemple.com>
	04/09/2001 04:48 PM

		 To: "'Andy Brown (E-mail)'" <ABB@eslawfirm.com>, "'B Brown Andy (E-mail)'"
<andybrwn@earthlink.net>, "'Baker Carolyn (E-mail)'"
<cabaker@duke-energy.com>, "'Bob Escalante (E-mail)'"
<rescalante@riobravo-gm.com>, "'Bob Weisenmiller (E-mail)'"
<rbw@mrwassoc.com>, "'Curtis Kebler (E-mail)'"
<curtis_l_kebler@reliantenergy.com>, "Dean. Nistetter (E-mail)"
<Dean.Nistetter@dynegy.com>, "'Douglas Kerner (E-mail)'" <DKK@eslawfirm.com>,
"'Greg Blue (E-mail)'" <gtbl@dynegy.com>, "'Jan Smutny-Jones (E-mail)'"
<smutny@iepa.com>, "'Jeff Dasovich (E-mail)'" <Jeff.Dasovich@enron.com>,
"'Joe Ronan (E-mail)'" <joer@calpine.com>, "'John Larrea (E-mail)'"
<john.g.larrea@williams.com>, "'John Stout (E-mail)'"
<John_H_Stout@reliantenergy.com>, "'Julee Malinowski-Ball (E-mail)'"
<jmball@ns.net>, "'Kassandra Gough (E-mail)'" <kgough@calpine.com>, "'kent
Palmerton (E-mail)'" <kent.palmerton@williams.com>, "'Lynn Lednicky
(E-mail)'" <lale@dynegy.com>, "Marie Moretti (E-mail 2)"
<mmoretti@mccabeandcompany.net>, "'Marty Wilson (E-mail)'"
<mwilson@pstrategies.com>, "'McNally Ray (E-mail)'"
<rmcnally@mcnallytemple.com>, "''Nam Nguyen' (E-mail)'"
<nam.nguyen@powersrc.com>, "'Norton Kelli (E-mail)'"
<knorton@mcnallytemple.com>, "'Paula Hall-Collins (E-mail)'"
<paula.hall-collins@williams.com>, "'Pigott Jack (E-mail)'"
<jackp@calpine.com>, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com>,
"'Roger Pelote (E-mail)'" <roger.pelote@williams.com>, "'Stephanie-Newell
(E-mail)'" <stephanie-newell@reliantenergy.com>, "'Sue Mara (E-mail)'"
<smara@enron.com>, "'Tom Ross (E-mail)'" <tross@mcnallytemple.com>, "Tom
Williams (E-mail)" <tcwillia@duke-energy.com>, "'Alex Sugaoka (E-mail)'"
<alex.sugaoka@uaecorp.com>, "'Bill Carlson (E-mail)'"
<william_carlson@wastemanagement.com>, "'Bill Woods (E-mail)'"
<billw@calpine.com>, "'Bob Ellery (E-mail)'" <bellery@spi-ind.com>, "'Bob
Gates (E-mail)'" <bob.gates@enron.com>, "'Cody Carter (E-mail)'"
<cody.carter@williams.com>, "'Curt Hatton (E-mail)'"
<Curt.Hatton@gen.pge.com>, "'David Parquet'" <david.parquet@enron.com>,
"'Dean Gosselin (E-mail)'" <dean_gosselin@fpl.com>, "'Doug Fernley (E-mail)'"
<fernley.doug@epenergy.com>, "'Duane Nelsen (E-mail)'"
<dnelsen@gwfpower.com>, "'Ed Tomeo (E-mail)'" <ed.tomeo@uaecorp.com>,
"'Eileen Koch (E-mail)'" <eileenk@calpine.com>, "'Eric Eisenman (E-mail)'"
<eric.eisenman@gen.pge.com>, "'Frank DeRosa (E-mail)'"
<frank.derosa@gen.pge.com>, "Frazier Blaylock (E-mail)"
<frazier_blaylock@ogden-energy.com>, "'Hap Boyd (E-mail)'"
<Hap_Boyd@enron.com>, "'Hawks Jack (E-mail)'" <jack.hawks@gen.pge.com>, "'Jim
Willey (E-mail)'" <elliottsa@earthlink.net>, "'Joe Greco (E-mail)'"
<jgreco@caithnessenergy.com>, "'Jonathan Weisgall (E-mail)'"
<jweisgall@aol.com>, "'Kate Castillo (E-mail)'" <CCastillo@riobravo-gm.com>,
"'Kelly Lloyd (E-mail)'" <kellyl@enxco.com>, "'Ken Hoffman (E-mail)'"
<khoffman@caithnessenergy.com>, "'Kent Fickett (E-mail)'"
<kfickett@usgen.com>, "'Lynn Lednicky (E-mail)'"
<lynn.a.lednicky@dynegy.com>, "'Marty McFadden (E-mail)'"
<marty_mcfadden@ogden-energy.com>, "'Paula Soos'"
<paula_soos@ogden-energy.com>, "'Randy Hickok (E-mail)'"
<rjhickok@duke-energy.com>, "Rick S. Koebbe (E-mail)"
<rskoebbe@powerworksinc.com>, "'Rob Lamkin (E-mail)'"
<rllamkin@seiworldwide.com>, "'Ross Ain (E-mail)'" <ain@worldnet.att.net>,
"'Steve Iliff'" <siliff@riobravo-gm.com>, "'Steve Ponder (E-mail)'"
<steve_ponder@fpl.com>, "'Tony Wetzel (E-mail)'" <twetzel@thermoecotek.com>,
"'William Hall (E-mail)'" <wfhall2@duke-energy.com>,
<trusso@mcnallytemple.com>, <sadlersa@earthlink.net>, <mstultz@epsa.org>,
<rtemple@mcnallytemple.com>, <tracy.fairchild@edelman.com>,
<megan.beiser@edelman.com>, <deborah.fiorito@dynegy.com>, <lchurch@epsa.org>,
Katie Kaplan <kaplan@iepa.com>, <tcwillia@duke-energy.com>,
<rwhyde@duke-energy.com>, <tmcmorrow@manatt.com>
		 cc:
		 Subject: Governor to announce deal with Edison

The Governor is currently holding a press conference to announce deal with
Edison.   We will keep you posted with details.  IEP will be responding.

Thanks,
Jean

--
Jean Munoz
McNally Temple Associates
916-447-8186
916-447-6326 (fx)

________________
Calif Gov. To Announce Deal With SoCal Ed-Spokesman
Updated: Monday, April 9, 2001 05:37 PM;ET

;
NEW YORK (Dow Jones)--California Gov. Gray Davis will announce a final deal
with Edison International (EIX, news, msgs) unit Southern California Edison
to buy the utility's power lines, Davis' spokesman said Monday afternoon.

Monday's deal will include four elements of Davis' speech delivered live
statewide Thursday, said Davis spokesman Steve Maviglio.

Davis spoke about an alternative rate hike plan Thursday to the one ordered
by state regulators two weeks ago. Although Davis' rate increase is lower
than the overal 27% increase ordered by the California Public Utilities
Commission, the governor's plan allows the utility to collect a portion of
the rate increase that will be used to restructure $5 billion in
undercollected power costs.

Davis said in his five-minute statewide address Thursday that if the state
were to buy SoCal Ed's transmission lines, the utility would have to agree to
drop its federal lawsuit against the PUC, where it sought to recoup the
billions of dollars in undercollected power costs from ratepayers retroactive
to August 2000, and sell the state power from its hydroelectric plants at
cost for 10 years.

Davis announced an agreement in principle with SoCal Ed seven weeks ago to
buy the utility's transmission lines for $2.76 billion and the two have
negotiated during that time to reach a final agreement.

A spokesman at the utility would not comment.

A day after Davis' five-minute address, PG&E Corp. (PCG, news, msgs) Pacific
Gas & Electric filed for Chapter 11 bankruptcy protection because
negotiations with the state over a similar deal were "going nowhere."

Harvey Rosenfield, executive director of consumer group Foundation for
Taxpayer and Consumer Rights in Santa Monica, said Davis' announcement is a
massive "bailout" for SoCal Ed.

Rosenfield said he will push for a ballot initiative next year to undo the
state's six-year-old deregulation debacle.

-By Jason Leopold; Dow Jones Newswires; 201-938-5905;
jason.leopold@dowjonews.com

Monday April 9, 6:06 pm Eastern Time

Calif. Gov. Davis, SoCal Edison to announce deal

(Adds background,

LOS ANGELES, April 9 (Reuters) - California Governor Gray Davis and Southern
California Edison have reached an agreement after a weekend of harried talks
aimed at a deal that would provide state money to the cash-strapped utility
in exchange for its transmission lines, a spokesman for the governor said.
ADVERTISEMENT

Davis and John Bryson, the chairman of Southern California Edison parent
Edison International (NYSE:EIX - news), scheduled a news conference from 3
p.m. PDT (6 p.n. EDT) in Los Angeles to discuss the agreement, the governor's
office said. No further details were immediately available.

The announcement came as bankruptcy proceedings began for the state's largest
utility, Pacific Gas & Electric, a unit of PG&E Corp. (NYSE:PCG - news),
which on Friday sought protection for creditors after declaring that it had
been unable to reach an accord with Davis.

Shares in Edison International closed up 8 percent on Monday on expectations
that the two sides were close to reaching a deal under which the state would
reportedly pay billions for the company's transmission lines.

Southern California Edison power transmission grid is a 12,000-mile (19,200
km) web of high voltage lines covering much of the southern region of the
state.

The lines carry electricity from power plants to substations, where the
voltage is reduced to a level that can be moved safely into neighborhood
distribution lines to homes and businesses.

The utility's 88,000-miles (105,600 km) of distribution lines serve about 11
million Southern Californians.

The utility has carried the lines at a book value of $1.2 billion. Under a
the terms of a preliminary deal, the state had proposed buying the lines for
$2.76 billion, or 2.3 times the book value.


Attached is the transcript of Tuesday's hearing before Judge Moreno, which we
received this morning.  The Court's comments deferring to the FERC proceeding
are at pages 4 and 34-35 of the transcript.

 - 02200102.txt


----- Forwarded by Richard B Sanders/HOU/ECT on 05/23/2001 01:21 PM -----

	"Anne Marie DeFelice" <adefelice@ggfcmk.com>
	05/23/2001 12:41 PM

		 To: <Richard.B.Sanders@enron.com>
		 cc:
		 Subject: Re: CalPx Participants' Committee Conference Call

Attached is our contact list.

>>> <Richard.B.Sanders@enron.com> 5/23/2001 8:22:00 AM >>>

Do you have a list of the PX participants committee that you could send me
by e-mail.

**************************
* Confidentiality Notice *
**************************

This message is intended solely for the use of the addressee(s) and is
intended to be privileged and confidential within the attorney client
privilege.  If you have received this message in error, please immediately
notify the sender and delete all copies of this email message along with all
attachments.  Thank you.
 - 1197575.pdf


Yahoo! News	Edit Breaking News Alerts - Yahoo!

	Breaking News Alert	 edit
SEATTLE _ Boeing chooses Chicago as its new headquarters, sources involved in
bidding process say.

	 [IMAGE]
	[IMAGE]

If you no longer wish to receive this alert, click here to unsubscribe.
If you have questions, send us feedback.

Copyright , 1994-2001 Yahoo! Inc. All rights reserved. Yahoo Privacy Policy


----- Forwarded by Tana Jones/HOU/ECT on 04/17/2001 09:22 AM -----

	exchangeinfo@nymex.com
	04/17/2001 09:59 AM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (01-134) Cost Incentive Program for Brent Trading

April 17, 2001
Notice No. 01-134

TO:
ALL EXCHANGE MEMBERS / MEMBER FIRMS
ALL EXCHANGE CLEARING MEMBERS

FROM:
Neil Wolkoff, Executive Vice President

SUBJECT:
Cost Incentive Program for Brent Trading

The Board of Directors of the New York Mercantile Exchange, Inc., this
morning agreed to waive all clearing and exchange fees for its new Brent
crude oil futures contract for the first year of trading and to offer rebates
for three months on any light, sweet crude futures contract traded to offset
a position in the Exchange Brent futures contract.

The rebates will be for up to 24 cents per side, depending on the type of
trade, which can currently range from nine cents to $1.35 per side.

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

"
http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdoc
=(01-134)"

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


thanks,

i'll pass along to teresa.

--Lizzette

-----Original Message-----
From: Cash, Michelle
Sent: Friday, October 26, 2001 9:13 AM
To: Palmer, Lizzette
Subject: Re: A&K update

Frankly I would rather have ak across from us than other counsel Because I think that they will be cognizant of future poential and probably won't be too obnoxious.  Is Derrick ok with it? Generally he doesn't like these but I am ok if Teresa wants to let them.  Michelle
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Ben, this file here attached is formatted for printing. Please trash the last
file in favor of this one. regards, Scot

---------------------- Forwarded by Scot Chambers/ENRON_DEVELOPMENT on
01/31/2000 04:37 PM ---------------------------

Scot Chambers
01/31/2000 04:03 PM
To: Benjamin Rogers@ENRON_DEVELOPMENT, Oscar Dalton@ENRON_DEVELOPMENT
cc: Mark Dobler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John W
Cates/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tom
Callaghan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard
Bickings/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Lincoln, Nebraska Preliminary O&M Estimate

Ben, please find attached the preliminary O&M estimate for the Lincoln, NE
project that we discussed. It shows O&M cost estimates for a 20 year period
assuming a stand alone plant with Availability required Monday - Friday, 6 am
to 10 pm during the peak seasons (hence 2 operating shifts of staff). The GT
major maintenance accrual is also shown assuming no membership in the Lease
Engine Membership program. Since we will be buying the output of the plant
from the Owner & Operator (LES) during a contract period, we may consider not
showing them these numbers. Before tipping our hand, I'd like to see what
they plan to "charge" us for the O&M portion of the power they provide us
during the agreement period. Please review these and the other assumptions to
ensure that I understand the project correctly at this point (especially the
water treatment part).

Since its preliminary in nature, please consider its accuracy +/- 25% for our
proforma purposes.

If LES is to provide what they feel the O&M would be, please let me in on
their numbers so we can provide our experience.

thanks, Scot


Here is my edit of your points.  I went for simpler language and beating up
on the CPUC.  Use as much or as little as you want. Thanks, Mike

-----Original Message-----
From: athomas@newenergy.com [mailto:athomas@newenergy.com]
Sent: Friday, March 30, 2001 2:56 PM
To: mday@gmssr.com
Subject: talking points

Appreciate any edits or thoughts you may have on the talking points before
I send them out.  Thanks.

Aaron

 - X23180.DOC


Still working on the large customers...Will let you know (but don't hold your breath).

 -----Original Message-----
From: 	Mara, Susan
Sent:	Friday, November 02, 2001 5:55 PM
To:	'eduncan2@arterhadden.com'
Cc:	'douglass@energyattorney.com'; Dasovich, Jeff
Subject:	Still WOrking on adding names to the appeal

Were still busy looking for people to sign on. But here are some that are willing to be named on the appeal

Strategic Energy, American Utility Network (This one is a California based company),  WESTERN POWER TRADING FORUM, AB&I FOUNDRY, DOUGLAS ADAIR, FRANK ANCONA, CHRIS ANNUNZIATO, DANNY CORRALES, PAUL DELANEY. JOAN DELONG, STEVE ELLIOTT, LAWRENCE GUARNIERI, DON HALLMARK, JR., BENNY MUNOZ, MONICA MURPHY, STEVEN PELLNITZ, ALLAN PEREZ AND PETE TURPEL


Attached you will find the interview packet for the above-referenced person.
The interview will happen Tuesday, March 13,   2001 .  Please print both
documents for your hard copies.  If you have any questions, or conflicts of
schedule, please do not hesitate to contact me.

Sasha Divelbiss
58714


Per my discussion with Hope, any same day wire that require Sally Beck's signature must be proceeded with a phonemail message describing what the funding is for; per Sally Beck.  Thanks for your cooperation in advance.

dd


It's late (even in Houston!) but here are five for the Brussels office, plus
Continental Power,  plus France, Belgium and NL:
 1. Arcos gas TPA (anti-trust angles).
 2. Cross border power transmission CWE - eliminating transaction based
tariffs and achieving transparency/ non discrimination in allocation of ATC.
 3. Freeing up more power export transmission capacity from, and optimising
forthcoming auction of virtual generating capacity inside, France.
 4. Resolving restrictions on availability to new entrants of power import
transmission capacity into NL.
 5. Achieving power transit without additional tariff through, and wholesale
power TPA inside, Belgium.

Richard Shapiro@EES
11/05/2001 14:18
To: Doug Wood/LON/ECT@ECT, Paul Hennemeyer/LON/ECT@ECT, Peter
Styles/LON/ECT@ECT, Paul Dawson/Govt. Affairs/LON/ECT@ECT
cc: Amber Keenan/LON/ECT@ECT

Subject: European Priorities

Could each of you get me by next Friday( May 18,2001) a list of the top 5
priorities for each of your respective areas....and, if, possible, a
consensus document reflecting the top 8-10 priorities for the entire group? A
brief description of each of the priorities would be appreciated with an
attempt to quantify, where possible, the value associated with each of the
priorities( either value potentially created or loss of value avoided).
Thanks.


Steve -

Simply FYI - Just wanted to send you the cover summary of the confidential
Resource Management Update Report sent to Cindy and Drew each week.  Thanks
for all your support!

-Sarah A. Davis
Ext. 3-5328


Introducing Schwab DirectDetail(TM)
Mutual Fund Information Directly from the Source.
----------------------------------------------------------------

Now you can get up-to-date news and performance information
directly from American Century with the new DirectDetail service
at schwab.com.

http://schwab.ed10.net/ud/8KAI/18PC/GKAI/1G/NRKRP

-  Read the most recent information straight from the source.  At
DirectDetail* you'll find news about important fund developments
and access timely commentaries from your American Century portfolio
managers.

-  Make more informed investment decisions.  Go beyond numbers
and ratings.  Get details on top 10 holdings in your
American Century fund, review your fund's risk analysis or explore
your fund manager's background, for example.

-  Conduct comprehensive research more easily.  Access in-depth
research on American Century by using Schwab DirectDetail in
combination with Morningstar data already on schwab.com -- both
in one convenient location.

Put the extensive information at DirectDetail to work for your
portfolio today.

http://schwab.ed10.net/ud/8KAI/40LZ/GKAI/4O/NRKRP

----------------------------------------------------------------
* DirectDetail information may not be available currently for
every American Century fund.  Please check back regularly for
updates.

Prospectuses containing more complete information,
including management fees, charges and expenses, are
available from Schwab by visiting our website or calling
1-800-435-4000.  Please read the prospectus carefully before
investing or sending money.

Charles Schwab & Co., Inc. receives remuneration from fund
companies for record keeping, shareholder and other
administrative services for shares purchased through
its Mutual Fund OneSource(R) service.

----------------------------------------------------------------
If you would prefer to receive only account service emails,
please reply to this email indicating your preference.  Please
note:  doing so will not remove you from any SchwabAlerts or
email newsletters to which you have actively subscribed.

Notice:  All email sent to or from the Charles Schwab
corporate email system may be retained, monitored, and/or
reviewed by Schwab personnel.

(c)2001 Charles Schwab & Co., Inc. All rights reserved. Member
SIPC/NYSE. (0401-16803)2a

[[8KAI-GKAI-NRKRP-D]] [IMAGE]


Hey Ben,

Finally getting settled in, here's my new info:

3842 Jewell St K303
San Diego, 92109
home 858-483-2641
work 619-652-5477
cell 858-349-8312

Enjoy the MV trip.  Get in touch if you're ever in
town.

Pete

--- Benjamin.Rogers@enron.com wrote:
> Peter:
> Gppd tp hear from you.  Congrats on heading out to
> CA - thats great.  I
> know that you been wanting to head west for some
> time now.  Work is going
> well, I'm in the power trading group, trading MW's.
> I'm visiting my folks
> up in the Vineyard in the beginnning of August, so
> it will be good to hang
> out up East.  I haven't seen Derek lately, I know he
> is in H town, working
> for the summer.  Well, good luck with moving out
> west and keep in touch.
> Talk to you soon.
> Ben
>
>     -----Original Message-----
>    From:   "Pete Loncto" <pdl8@cornell.edu>@ENRON
>
>
[mailto:IMCEANOTES-+22Pete+20Loncto+22+20+3Cpdl8+40cornell+2Eedu+3E+40ENRON@ENRON.com]
>
>
>    Sent:   Thursday, July  5, 2001 5:48 PM
>    To:     Rogers, Benjamin
>    Subject:
>
>    Ben!
>    Whats happening down in HOuston?  Got some big
> news on my end - I am
>    moving
>    out to San Diego to start a job with
> Nicholas-Applegate Capital
>    Management.
>    I've been on vaca, working on my golf game and
> tan since graduating
>    Cornell
>    in May and move out this week.  Looking forward
> to the job and the
>    lifestyle - I'll be living a few blocks from the
> beach and never have to
>    see
>    snow again!  I'll send along full contact info
> once I get fully settled
>    in a
>    couple of weeks.  COme visit if you are ever out
> that way.  Hope all is
>    well.
>    Pete
>
>
>
>

__________________________________________________
Do You Yahoo!?
Make international calls for as low as $.04/minute with Yahoo! Messenger
http://phonecard.yahoo.com/


AGA for 9/8/00 is 72


>  -----Original Message-----
> From: 	Bill Cook
> Sent:	Wednesday, October 31, 2001 4:12 PM
> To:	# All Napa Valley
> Subject:	Planter Barrels
>
>  --------------------------------------------------PLEASE POST FOR THOSE
> WITHOUT E-MAIL--------------------------------------------------
>
> 				   PLANTER BARREL SALE
>
> We have a surplus of older wine barrels, and will be making them available
> for purchase by RMW employees.
>
>  These are seven year-old white barrels suitable for use as planters or as
> neutral containers for winemaking.
>
>   The total price (including tax) will be $16.13 per barrel, and are
> available at the Bedford barrel warehouse,
> 					     901 Kaiser Rd. in Napa.
>
> 				Buyers are responsible for transportation.
>
>
>                                         If interested, contact Bill Cook
> via e-mail or at extension 4954.


Paul,

I am sending you modified bullet points. The modifications are in red.
Apologies for a delay in responding to your messages.

By the way, Power2001 gets only more and more interesting every day.

Vince


There are Unresolved/Open items in the vendor payables system (iPayIt) and employee reimbursement system (XMS).  Employees are strongly encouraged to resolve items in their inboxes.  Please either process and approve, or reject these outstanding business expenses in your inboxes by 2:00 p.m. Monday, December 3, 2001.

For assistance with XMS please contact:
Enron Travel Management
(713) 345-6252, enron travel@enron.com <mailto:travel@enron.com>.

For assistance with iPayIt please contact:
Integrated Solutions Center
(713) 345-4727, iPayit@enron.com <mailto:iPayit@enron.com>


nice.  i just dropped my whole glass of water on me!


Stephanie - I've been talking with Carol Carter in EWS Accounting and coordinating with Rick Shapiro on the Public Affairs side regarding Rebecca Cantrell and Melinda Pharms.

Rick understood that when Rebecca and Melinda moved to the 47th floor was that EWS had budgeted for them for 2001, that they would remain in that existing EWS cost center through 2001, and would then move to our corporate cost center in 2002.

Rebecca and Melinda have provided and continue to provide a vital service.  Assuming that the associated budget would have been eliminated when they moved, does that also mean they would have been terminated?

As a compromise, Rick has agreed to the suggestion of moving Rebecca and Melinda (and their associated expenses) into the corporate cost center effective 10/1/01 instead of 01/01/02, with the understanding that the $281K that's been incurred so far remains with EWS.

I'd be happy to provide any further information that might be helpful, and to take care of any details involved in moving them to Corp.

Regards,
Elizabeth Linnell


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 07/18/2001 12:07 PM -----

	"US Publishing" <season@restructuringtoday.com>
	07/18/2001 01:58 PM
	Please respond to season

		 To: "RT Reader" <season@restructuringtoday.com>
		 cc:
		 Subject: Restructuring Today Wednesday July 18 2001

(see attached file:  rt010718.pdf)

Thank you,

Season Hawksley
US Publishing
800-486-8201
202-298-8201
 - rt010718.pdf


Please print attachments.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/19/2000 04:21
PM ---------------------------

"George Kutzschbach" <gkutzschbach@fulbright.com> on 12/19/2000 04:13:08 PM
To: Ben.F.Jacoby@enron.com, Kay.Mann@enron.com, CCampbell@KSLAW.com,
JKeffer@KSLAW.com
cc: DPedigo@INTERGEN.com

Subject: InterGen/ENA - GE Turbines & ABB Transformer

Attached are clean and redlined versions of revised drafts of (i) the
Letter Agreement between ENA and Sweetgum Energy LP relating to CA
Energy Development I, LLC and the GE generator set, and (ii) the Letter
Agreement between ENA and Sweetgum Energy LP relating to the ABB
transformer.  The Letter Agreement between ENA and Sweetgum Energy LP
relating to CA Energy Development II, LLC and the GE generator set will
be in the same form as item (i) above with changes to reflect the proper
LLC.

To expedite matters, these revised drafts are being sent to you before
review by InterGen with the understanding that InterGen may have
additional changes and comments.

In addition to changes necessitated by the substitution of Sweetgum for
Tejas, the letter agreements have been revised to reflect the following
requirements of InterGen:

(i)  The parent guaranty on behalf of Sweetgum Energy LP has been
deleted;

(ii)  A mutual covenant requiring the Parties to use all reasonable
efforts to satisfy the conditions precedent as been added to the end of
Section 3; and

(iii)  A no shop clause on the part of ENA and its affiliates has been
added as  a new Section 17.

The reference to the TRY Ventures International agreement was deleted
from the letter agreement relating to the ABB transformer since it is my
understanding that the ABB transformer was not covered by Coral's
agreement with TRY.  ENA would nevertheless be protected by the general
language of the clause.

Although InterGen is still reviewing these documents for tax and other
concerns, for now the only contemplated changes to the LLC Agreements
and the GE and ABB acknowledgement letters are those needed to reflect
the substitution of Sweetgum for Tejas.

InterGen is still reviewing the Facility Agreement and exhibits
thereto.

I have passed on ENA's suggestion regarding the extension of the
closing date, but have not yet had a response from InterGen.

Doug Pedigo will be tied up tomorrow morning, but Doug and I are
available after lunch for a telephone conference to discuss any comments
you have on the closing.

George


Please find attached the requested chronological list of agreements.  Information regarding payments made under each agreement is being gathered by our accountants.  They say they will try to have it by tomorrow but don't think it can reasonably be found in the files until next week.  I will send you a draft of the response some time tomorrow morning.

Please let me know if you have any questions.  Thanks.

Regards,

Andrea


Steve - Abdul got this instead of you, Lotus Notes freaked on me.

Abdhul  - Please disregard.  Sorry.

---------------------- Forwarded by Chris Long/Corp/Enron on 09/08/2000 09:51
AM ---------------------------

Chris Long
09/08/2000 09:39 AM

To: Mark E Haedicke/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Abdul
Khan/NA/AZURIX@AZURIX, Richard Shapiro/HOU/EES@EES, Cynthia
Sandherr/Corp/Enron@ENRON, Joe Hillings/Corp/Enron@ENRON, Tom
Briggs/NA/Enron@Enron, Lisa Yoho/HOU/EES@EES, raislerk@sullcrom.com
cc:

Subject: CEA Update

Congress returned from its August recess with a flurry of activities on the
CEA reauthorization.    Lee Sachs at Treasury reported that the CFTC and SEC
have been meeting over the last several weeks and "progress is being made on
Shad-Johnson".  An agreement on Shad -Johnson is critical to moving the
legislation.

House staff said that the Banking Committee filed its report to the Rules
Committee which allows the Rules Committee to begin considering which
combination of the three versions will be sent to the full House.  ISDA, the
Banking Coalition, and the Exchanges (in conjunction with Energy Group) are
meeting to reconcile the differences and have met with Agriculture Committee
Chairman Ewing to this end.  Chairman Ewing would like differences resolved
by September 14, the Rules Committee to report HR 4541 by September 18, and
have House Floor action by September 21.  Everyone agrees that the House
Agriculture bill will be the basis from which Rules works.  We faired better
in the House Commerce Committee on multilaterals and metals so we need to
ensure that the Commerce Committee provisions are picked up by the Rules
Committee.  We will meet with Rules Committee staff next week to advocate
this.  Numerous staff have said that House leadership lobbying is important
at this time to push this to the "hot list" of issues for resolution before
Congress adjourns.

After speaking to Senator Gramm's staff, it is clear that they are waiting on
House action.  We have presented the "all non-agriculture commodity language"
to Senator Gramm's office, which is under consideration.  I will follow up
with the Democratic staff this week.

What next?

I recommend we send the attached letter to the House Leadership, as well
Chairmen of the Rules, Ag, Commerce, and Banking under Ken Lay's signature.
In addition to DC office lobby visits, we can follow up with personal contact
as folks from Houston are available to come to DC.

We had contemplated a senior-level Enron official phone call to Senator Gramm
to spur action from his office, but this is still premature.  Senator Gramm's
staff advised that this would do little to move Gramm until the House is
closer to action.

Please call with any questions.


I work with Louis Dicarlo in Ed McMicahels group.

Louis gave me some Northern Natural Gas Company (NNG) deals to research and he suggested that I talk to you if I have any questions.

According to Louis, when NNG did a deal with ENA, the deal would be booked under the counter party name RISKMANTRA.  It appears that deal number NK7775.1 is a swap between NNG and ENA.  I spoke to Morgan Gottsponer at NNG last week and he said he was hedging some of the NNG storage positions.  I've pulled the confirmation for this deal out of the zip file attachment so you can see it.  Unless you object, I'm going to ask risk management to change the counter party to RISKMANTRA in tagg.

Please let me know if you have any comments or questions.  I have some other items that deal with NNG and Enron Compression Services that I may ask you questions about but I'm still doing my research.

Thanks.

 -----Original Message-----
From: 	Balfour-Flanagan, Cyndie
Sent:	Friday, May 31, 2002 1:36 PM
To:	Germany, Chris
Cc:	Couch, Greg
Subject:	RE: Deals

NK7775.1
This Confirm was sent to the counterparty but it is not showing that we received an executed copy back

EE9092.1 (Sitara# 10258, no confirms on file, in TAGG & in Sitara & DCAF, states that this is a rebooking of E23290.1)
EE9092.3 (TAGG states that this is a rebooking of E23290.4, as part of E23290.1; no confirms on file)

E23290.1 (states "Retrofit - Oracle  #52730.IB, 15419.02") 1/8/98

This LOOKS (at least as far as I can tell) like the volumes are a result of the Fuel Load need to support X HP hours for the compressor, this is echoed by a memo related to E23290 (looks like someone did an inquiry into this in 10/1995. I did a very quick scan of these "agreements" & it appears as all this looks to be gas for the "Hubbard Station" compressor fuel requirements (there is an Exhibit C that calcs out HP-hours into fuel requirements). Other than the SWAP confirms - - - - and this "agreement" I could not find anything else other than deal tkts.

The "Agreement" progression (for the Compression Services Agreement) goes like this:
3/1/95 Compression Services Agreement (fuel calc in Exhibit C) - - - - Amended & Restated 11-1-97 (fuel calc in Exhibit C) - - - - terminated & replaced by 6-29-00 Compression Services Agreement (Fuel Calc in Exhibit B).
The Fuel needs are found in the exhibits.

So, id according to the notes in TAGG & if all of these roll back to E23290 - - - - - here is your paperwork

 -----Original Message-----
From: 	Germany, Chris
Sent:	Friday, May 31, 2002 10:25 AM
To:	Couch, Greg; Balfour-Flanagan, Cyndie
Subject:	Deals

I'm trying to find the original tickets for the following deals with Northern Natural Gas.  Can you guys help me with this?

Deal 		Deal Date
NK7775.1	5/31/2000

EE9092.1	12/16/1997

EE9092.3	12/22/1997

E23290.7	12/16/1997


I think it was my fault re the attachment, please see below.  My number is
(713) 853-7658.


Attached is the text I would like to use for the letters to Feinstein and
Murkowski.  Please set up on my letterhead.  Linda or Tom -- any comments?

The Wyden letter is in good shape; I have given Maureen some minor
handwritten edits.  It will go out this a.m.

Thanks for everyone's patience.