Apologies.  The competitive default provider bill is actually being sponsored
by our brave compatriots at The New Power Company.
Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/23/2001 03:39 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	04/23/2001 03:24 PM

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

FYI.  From our folks in Sacramento:

AB 1085 is AES' competitive default provider bill.  It's not an emergency
bill, so it will be dealt with throughout the remainder of the spring and
summer.
AB 57 is a legislator's suggestions on how long-term contracts should be
"regulated."  Also no an emergency bill.
AB18X is an emergency bill and it would create a core/noncore split in
electricity similar to the one that exists in California's gas market.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/23/2001 03:21 PM -----

	Scott Govenar <sgovenar@govadv.com>
	04/23/2001 02:24 PM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, Michael McDonald <Michael.McDonald@enron.com>,
Sandra McCubbin <Sandra.McCubbin@enron.com>, Rick Shapiro
<rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan Comnes
<acomnes@enron.com>, Steven Kean <Steven.J.Kean@enron.com>, Karen Denne
<kdenne@enron.com>, "Harry.Kingerski@enron.com" <Harry.Kingerski@enron.com>,
Mike D Smith <msmith1@enron.com>, Leslie Lawner <Leslie.Lawner@enron.com>,
Robert Frank <rfrank@enron.com>, Ken Smith <ken@kdscommunications.com>, Janel
Guerrero <Janel.Guerrero@enron.com>, Jennifer Thome
<Jennifer.Thome@enron.com>, Eric Letke <eletke@enron.com>
		 cc:
		 Subject: Legislation

Following up on our conference call, attached please find the following
bills:

AB 1085
http://info.sen.ca.gov/pub/bill/asm/ab_1051-1100/ab_1085_bill_20010404_amended
_asm.pdf

AB 57
http://info.sen.ca.gov/pub/bill/asm/ab_0051-0100/ab_57_bill_20010416_amended_a
sm.pdf

SBX 18
http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_18_bill_20010125_introdu
ced.pdf


enron is going to be a penny stock pretty soon.  sec is investigating now.


i hope not - but you never know with those HR guys.  anyway -- if you get some more details -- i'll fill you in on any info i have

-----Original Message-----
From: Andrew Hescock [mailto:andrewhescock@hotmail.com]
Sent: Monday, October 15, 2001 4:13 PM
To: Kuykendall, Tori
Subject: RE:

dunno, something physical he said...  hope that doesn't involve my rectum......

>From: "Kuykendall, Tori"
>To: "Andrew Hescock"
>Subject: RE:
>Date: Mon, 15 Oct 2001 15:16:19 -0500
>
>i dont know him but he's legit - just looked him up. what job are they
>calling about?
>
>-----Original Message-----
>From: Andrew Hescock [mailto:andrewhescock@hotmail.com]
>Sent: Monday, October 15, 2001 3:15 PM
>To: Kuykendall, Tori
>Subject:
>
>
>i just got a call from an enron recruiter. paul weinberger, you know
>this guy?
>
> _____
>
>Get your FREE download of MSN Explorer at http://explorer.msn.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.
>**********************************************************************

  _____

Get your FREE download of MSN Explorer at http://explorer.msn.com <http://go.msn.com/bql/hmtag_itl_EN.asp>


Could we talk on Monday pls. obtain the feedback of your team.

thanks for the assistance

Vince J Kaminski
08/05/2000 22:46
To: Rosalinda Resendez/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT, Bryan
Seyfried/LON/ECT@ECT

Subject: Re: Credit.com CV's

Rosie,

We are making arrangements to bring them to Houston for an
interview.

Vince

Rosalinda Resendez
05/08/2000 11:10 AM
To: Vince J Kaminski/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT
cc:
Subject: Credit.com CV's

Vince,
I've been asked to forward these resumes to you.

rosie
---------------------- Forwarded by Rosalinda Resendez/HOU/ECT on 05/08/2000
11:06 AM ---------------------------
LOUISE
BRATBY
05/08/2000 10:11 AM

To: Rosalinda Resendez/HOU/ECT@ECT
cc:
Subject: Credit.com CV's

Rosalinda

I work with Melanie Doyle in London HR.  I have two candidates who I'm trying
to arrange (for Bryan Seyfried) to come in and see Vince Kaminski however I'm
finding it difficult to co-ordinate from this end.  Would it be possible for
you to forward these CV's on to Vince's assistant as I'm not sure who the
correct person is.

Thanks for your help and if you need more details my number is 44 20 7783
6945.

Regards
Louise


Reservation status has changed. Details of the reservation are listed below:
ASSIGNMENT_REF = 7568
SELLER_CODE = TEPC
SELLER_DUNS = 006902704
CUSTOMER_CODE = EPMI
CUSTOMER_DUNS = 848921276
AFFILIATE_FLAG = 0
PATH_NAME = W/TEP/COR500SVL345/CORONADO-SPRINGERVILLE
POINT_OF_RECEIPT = CORONADO500
POINT_OF_DELIVERY = SPRINGER345
SOURCE = SRP
SINK = EPE
CAPACITY = 0
CAPACITY_REQUESTED = 25
SERVICE_INCREMENT = HOURLY
TS_CLASS = NON-FIRM
TS_TYPE = POINT_TO_POINT
TS_PERIOD = ON_PEAK
TS_WINDOW = FIXED
TS_SUBCLASS = TRANS
NERC_CURTAILMENT_PRIORITY = Nerc Priority 1
OTHER_CURTAILMENT_PRIORITY = Default
START_TIME = 07/30/2001
STOP_TIME = 07/30/2001
CEILING_PRICE = 6.52
OFFER_PRICE = 3.00
BID_PRICE = 3.00
PRICE_UNITS = $/MWh
PRECONFIRMED = YES
ANC_SVC_LINK = N/A
ANC_SVC_REQ = N/A
POSTING_REF = 0
SALE_REF =
REQUEST_REF =
DEAL_REF =
NEGOTIATED_PRICE_FLAG =
STATUS = WITHDRAWN
STATUS_NOTIFICATION = BILL.WILLIAMS.III@ENRON.COM
STATUS_COMMENTS =
TIME_QUEUED = 07/30/2001

TIME_OF_LAST_UPDATE = 07/30/2001
PRIMARY_PROVIDER_COMMENTS =
SELLER_COMMENTS =
CUSTOMER_COMMENTS = BEGINNING HE 14PPT THRU HE 17PPT
SELLER_NAME = TEPC
SELLER_PHONE = (520)745-7193
SELLER_FAX = (520)571-4036
SELLER_EMAIL = ChrisD@TucsonElectric.com
CUSTOMER_NAME = Enron Power Marketing, Inc.
CUSTOMER_PHONE = (713)853-3801
CUSTOMER_FAX = (713)646-8272
CUSTOMER_EMAIL = bill.rust@enron.com
REASSIGNED_REF = 0
REASSIGNED_CAPACITY = 0


***** Following the acquisition of FT Energy by Platts in September 2001, Platts began integrating all of its web sites and web services.  Effective Jan 16, this e-mail service will be folded into the free "Platts Energy Bulletin" e-mail, bringing you daily news updates and information about the global Energy Markets. Your name will automatically be moved onto the list for Energy Bulletin, you do not need to contact us. If you decide that you no longer want to receive a daily e-mail, you can unsubscribe at any time. Instructions are included at the bottom of the Energy Bulletin.  Customers who have access to Platts Energy Insight as part of their Platts/RDI package, and those who have a paid subscription to the site, will continue to be able to access the Platts Energy Insight site as part of a premium level service, using their existing login. We hope you will enjoy the new site. *****  [IMAGE]

   [IMAGE] [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]       [IMAGE]   [IMAGE]   [IMAGE]   [IMAGE]   [IMAGE]     	 [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]          Updated: Jan. 14, 2002     [IMAGE]      [IMAGE]   [IMAGE]    [IMAGE] [IMAGE] [IMAGE]           Ocean carbon storage: science shows promise, problems  Scientists from the Lawrence Livermore National Laboratory recently unveiled new research results indicating that an advanced concept for ocean storage may be the most cost-effective means to dispose of the carbon dioxide emitted from... [IMAGE] [IMAGE]         [IMAGE]     [IMAGE] [IMAGE]       [IMAGE]      [IMAGE] [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]             [IMAGE] [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]           [IMAGE] [IMAGE]             [IMAGE] [IMAGE]   [IMAGE]          [IMAGE] [IMAGE]     [IMAGE]       New year offers a host of new energy situations This could be FERC's year  Open-access ruling is critical to FERC   [IMAGE] [IMAGE]        [IMAGE]   [IMAGE]   [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]     [IMAGE]       States threaten to sue if EPA 'guts' emissions rule Bush administration takes hard look at NSR  Plant maintenance 'excuse' for emissions updates   [IMAGE] [IMAGE]        [IMAGE]  [IMAGE]    [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]     [IMAGE]       Wave power debuts in North America Power from waves predictable  Washington project slated for late 2002   [IMAGE] [IMAGE]        [IMAGE]   [IMAGE]   [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]   New gas storage complex in Arizona proposed full story...   Baker Hughes-US rig count down 27, Canada up 134 full story...   Greenspan say economic recovery requires low energy prices full story...   Southern's Hatch nuclear plant license renewed full story...   US government appeals offshore California drilling ban full story...   UBS wins Enron bidding, reports say full story...   California sues PG&E full story...   Britain's BG Group bidding for Enron's Indian assets full story...   TVA seeks comment on relicensing Browns Ferry full story...   Allegheny Energy, CONSOL team to curb mercury emissions full story...   To view all of today's Executive News headlines,  click here               [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]         [IMAGE] [IMAGE]  Copyright ? 2001 - Platts, All Rights Reserved   [IMAGE]   Market Brief  Friday, January 11  Stocks Close Change % Change DJIA 9,987.53 (80.3) -0.80% DJ 15 Util. 290.72 (2.5) -0.84% NASDAQ 2,022.46 (24.78) -1.21% S&P 500 1,145.42 (11.1) -0.96%     Market Vols Close Change % Change AMEX (000) 126,048 (19,824.0) -13.59% NASDAQ (000) 1,625,751 (133,261.0) -7.58% NYSE (000) 1,206,339 (84,724.0) -6.56%     Commodities Close Change % Change Crude Oil (Feb) 19.68 (0.79) -3.86% Heating Oil (Feb) 0.5394 (0.016) -2.93% Nat. Gas (Henry) 2.204 (0.011) -0.50% Propane (Feb) 29.00 0.00  0.00% Palo Verde (Feb) 22.50 (1.00) -4.26% COB (Feb) 22.00 (1.00) -4.35% PJM (Feb) 25.25 (0.50) -1.94%     Dollar US $ Close Change % Change Australia $  1.919 0.007  0.37% Canada $   1.60 (0.006) -0.37% Germany Dmark  2.19 0.001  0.05% Euro   0.8914 (0.001) -0.10% Japan ?en  132.0 (0.500) -0.38% Mexico NP 9.2 (0.070) -0.76% UK Pound   0.6908 (0.0028) -0.40%     Foreign Indices Close Change % Change Arg MerVal 343.22 0.00  0.00% Austr All Ord. 3,360.10 8.30  0.25% Braz Bovespa 13587.49 17.31  0.13% Can TSE 300  7701.93 (20.45) -0.26% Germany DAX 5209.97 (18.14) -0.35% HK HangSeng 11166.46 (89.61) -0.80% Japan Nikkei 225  10441.59 (96.84) -0.92% Mexico IPC  6420.15 (32.86) -0.51% UK FTSE 100 5,198.60 7.90  0.15%       Source:  Yahoo!, TradingDay.com and NYMEX.com   	     [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]   [IMAGE]   [IMAGE]  [IMAGE]   [IMAGE]      [IMAGE]   [IMAGE]   [IMAGE]

 - Market briefs.xls
 - bug_black.gif


---------------------- Forwarded by Jennifer Cutaia/Corp/Enron on 12/18/2000
01:16 PM ---------------------------

Judy Hernandez@ECT
12/18/2000 01:02 PM
To: suhernan@llgm.com, Jennifer.cutaia@enron.com, Angela Gill/NA/Enron@Enron,
dora_thurmond@uniteddc.com, Maria Sandoval/HOU/ECT@ECT, Amber
Ebow/HOU/ECT@ECT, Julissa Marron/Corp/Enron@ENRON, Crystal Reyna/HOU/EES@EES,
Sandra R McNichols/HOU/ECT@ECT, Judy Walters/HOU/ECT@ECT, Mark D
Thorne/HOU/ECT@ECT
cc:

Subject: Re: FW: pass this on....

---------------------- Forwarded by Judy Hernandez/HOU/ECT on 12/18/2000
12:58 PM ---------------------------

Diane Salcido@ENRON
12/18/2000 12:52 PM
Sent by: Diane Salcido@ENRON
To: Regina Blackshear/Corp/Enron@ENRON, Leticia Flores/NA/Enron@Enron, Judy
Hernandez/HOU/ECT@ECT, Angela Barnett/HOU/ECT@ECT, Leslie Smith/HOU/ECT@ECT,
Brenna Neves/NA/Enron@ENRON, Eve Puckett/Corp/Enron@ENRON, Martineza@hhni.com
cc:
Subject: Re: FW: pass this on....

---------------------- Forwarded by Diane Salcido/Corp/Enron on 12/18/2000
12:44 PM ---------------------------

Esther Celedon-Renovato@EES
12/18/2000 09:27 AM
Sent by: Esther Celedon-Renovato@EES
To: Tobi Johnson/HOU/EES@EES, Kathryn Greer/HOU/EES@EES, Diane
Salcido/Corp/Enron@Enron, Laura Lara/HOU/ECT@ECT, Eric Rodriguez/HOU/EES@EES,
Maria L Martinez/HOU/EES@EES, Esmeralda Hinojosa/HOU/EES@EES, Janie
Matamoros/HOU/EES@EES, Frances T Garcia/HOU/EES@EES, Paulita
Olvera/HOU/ECT@ECT, Yolanda Rivera/HOU/ECT@ECT
cc:

Subject: Re: FW: pass this on....

---------------------- Forwarded by Esther Celedon-Renovato/HOU/EES on
12/18/2000 09:22 AM ---------------------------
From: Kay Chapman@ECT on 12/15/2000 10:30 AM
To: lrhea5@aol.com, Christy Chapman/HOU/ECT@ECT,
bonnie.chapman@mail.oshmans.com, Geraldine Irvine/HOU/ECT@ECT, Rhonna
Palmer/HOU/ECT@ECT, Esther Celedon-Renovato/HOU/EES@EES, Adriana
Celedon/HOU/ECT@ECT, Tina Rode/HOU/ECT@ECT, Lisa Zarsky/HOU/ECT@ECT, Grace
Taylor/Corp/Enron@ENRON
cc:
Subject: Re: FW: pass this on....

	Enron Global Finance

	From:  Betty Tauzier                           12/15/2000 09:17 AM

To: Lois Hendricks/HOU/ECT@ect, Lora Ellis/HOU/ECT@ECT, ktramos@aol.com,
ragsdale@laf.lynden.com, Beverly.Stephens@enron.com, Kay.Chapman@enron.com,
Helen Mathews/EPSC/HOU/ECT@ECT, Evelyn Davis/HOU/EES@EES, Esther
Buckley/HOU/ECT@ECT, Dolores Escamilla/HOU/ECT@ECT
cc:
Subject: FW: pass this on....

---------------------- Forwarded by Betty Tauzier/HOU/ECT on 12/15/2000 09:14
AM ---------------------------

Jessie Mata@ENRON
12/15/2000 08:50 AM
To: Marilyn Rivera/HOU/ECT@ECT, Mary Birmingham/HOU/ECT@ECT, Betty
Tauzier/HOU/ECT@ECT, Lois Hendricks/HOU/ECT@ect, Patricia K
Dechow/HOU/ECT@ECT, Angela Nieves/NA/Enron@Enron, Reginald
Hart/NA/Enron@Enron, Nera Swisher/HOU/ECT@ECT, Paul Garcia/HOU/ECT@ECT,
Dolores Escamilla/HOU/ECT@ECT
cc:
Subject: FW: pass this on....

---------------------- Forwarded by Jessie Mata/Corp/Enron on 12/15/2000
08:49 AM ---------------------------

cafeoe@tdusa.com on 12/15/2000 07:16:33 AM
To: mgelon@coair.com
cc:

Subject: FW: pass this on....

 Remembering Jesus is the Reason for the Season

 - jesus.JPG


who, the aggies, longhorns, or heat?

Nick Hiemstra
10/10/2000 09:25 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: GAME @ 9 on Wed

I'm in.

We will not lose this week.

	Enron North America Corp.

	From:  Eric Bass                           10/10/2000 09:21 AM

To: Matthew Lenhart/HOU/ECT@ECT, Timothy Blanchard/HOU/EES@EES, Jeffrey C
Gossett/HOU/ECT@ECT, Kenneth Shulklapper/HOU/ECT@ECT, Nick
Hiemstra/HOU/ECT@ECT, Luis Mena/NA/Enron@Enron, Amir Ahanchian/Enron
Communications@Enron Communications, Brian Hoskins/Enron Communications@Enron
Communications
cc:
Subject: GAME @ 9 on Wed

Let me know whether or not you will come.


Congratulations on your promotion to MD Sally!  That is wonderful and well
deserved.

Susan


Hey Papa,

Check this site if you have a car seat or stroller brand Century of the following models. I do.

Model Name      Years Made
Take 2  2000
Travel Solutions        1999-2000
Pioneer 1998-2000
Travelite       1997-1998
Pro Sport       1996-1999

<http://cpsc.gov/cpscpub/prerel/prhtml01/01172.html>


SI is back up in Folsom


Hi Jason,
Hope your work is going fine.  Mom and I are fine.
I hope you have your car & drivers license stuff fixed.
I was thinking (worrying) about that the other day, and it
dawned on me that if you got stopped again, they would probably
(may) take your drivers license. That wouldn't be too good with
you just starting a new job. Let me and mom know, we still worry
about you (and will till we're gone--so don't get in an uproar).
You will understand that when you have kids--natural instinct.
Mom and I are anxious to come see you in March, probably around
3d or 4th. We don't know if you can get a day off, or if you want
to even ask with your new job etc. But think about it and let us
know so we can plan our week off. If we can't see you more than the
weekend, we will leave Monday and do something ourselves on the way
back home. It's only a month away, so let us know what you'd like
or can do as soon as you can.  Thanks.  Say hi to Beth for us.
Dad
PS: Mom bought me the "Riding with the King" CD, so don't send it.
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com


Susan:  As a result of our last meeting, please contact the counterparties on
the following agreements for status update:

(1) Reliant Energy Services, Inc./ENA (don't worry about Reliant Energy
Services Canada Ltd. for now; we'll dupe)

(2) Occidental Energy Marketing, Inc.

(3) MP Energy Partnership

(4) Stone Container Corporation


Our new office supply house is Boise Cascade, and we just got the capability to place an order.  We plan to radically scale down the supplies we previously kept in stock, but we will maintain a rudimentary supply of the basics.

If you need an office supply that is not typically stocked or if you would like to see the catalog, please ask Mollie or me.


Absolutely! and have a great time.

Tammi DePaolis@ENRON
06/02/2000 12:36 PM
To: Scott Neal/HOU/ECT@ECT
cc:
Subject: customer outing

I would like to take out Tina Harmon at Cng Producing to the spa one
afternoon this month.   Cng always gives me the majority of her Destin gas
both term and spot and they have been very flexible with us moving the nomin
around both intraday and next day.     I wanted to show my appreciatiion, not
that I wouldn't love a a tript o the spa!

Is that okay with you?   thanks.


yeah yeah yeah

From: Rob Walls/ENRON@enronXgate on 04/10/2001 04:24 PM
To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob
Walls/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Kay Mann@ENRON

Subject: RE: URGENT STOP PAYMENT: Writ of Garnishment of money due CIGSA
served on EECC on April 10

 if kay had only done her job. . . .(just kidding)

 good luck john.

 -----Original Message-----
From:  Schwartzenburg, John
Sent: Tuesday, April 10, 2001 2:27 PM
To: Rob Walls/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Cc: Kay Mann@ENRON
Subject: Re: URGENT STOP PAYMENT: Writ of Garnishment of money due CIGSA
served on EECC on April 10

Hey Rob, it's like deja vu all over again.

You know, I tried to put spot lights and alarm sirens in the e-mail this
time, but this should do it.  God save the fool that sends CIGSA money after
this little note, but of course I am fighting the last war now, aren't I? (we
won, but it killed us. we had to destroy the company to save it)

JWVS

John Schwartzenburg@ENRON_DEVELOPMENT
04/10/2001 01:53 PM
To: Keith Dodson/NA/Enron@ENRON, Nigel
Carling/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steve
Reistetter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen P
Stein/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Keith
Marlow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brian Stanley/EU/Enron@ENRON,
Kenneth L Bean/HOU/EES@EES, johng@nepco.com@ENRON_DEVELOPMENT, Keith
Dodson/NA/Enron@ENRON, Nigel Carling/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Keith Marlow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steve
Reistetter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen P
Stein/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dan
Shultz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joe
Lakes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Brand@ENRON_DEVELOPMENT,
Willie Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jude
Rolfes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brian
Stanley/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kenneth L
Bean/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, johng@nepco.com@ENRON_DEVELOPMENT,
steved@nepco.com@ENRON_DEVELOPMENT, danielh@nepco.com, Scott
Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Randy Pais@Enron, Jim
Desrochers/NA/Enron@Enron, Larry Bishop/NA/Enron@Enron, Robert
Sevitz/NA/Enron@Enron, Cheryl Costa/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Brian D Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John G
Rigby@ENRON_DEVELOPMENT, Claudia Santos@Enron, Wyndel McNamara@ENRON, Richard
Murphy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shirley
Oliver/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kristi
Dobbs/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mayra Mendez@Enron, Angie
Chappell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Mark E Haedicke@ENRON_DEVELOPMENT, Richard B Sanders@ENRON_DEVELOPMENT,
Robert Vote@ENRON, Joseph T Grajewski/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Mark Brand@ENRON_DEVELOPMENT, Michael Pearson/NA/Enron@Enron, Vladimir
Gorescu/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT (bcc: Kay Mann/Corp/Enron)

Subject: URGENT STOP PAYMENT: Writ of Garnishment of money due CIGSA served
on EECC on April 10

EECC has just been served with a writ of garnishment from the 333rd Judicial
District Court of Harris County  in connection with a judgment against
certain CIGSA entities. In the writ, the court very unambiguously and very
plainly commands that EECC is not to pay any debt or deliver any property to
CIGSA pending further orders from  the court. The writ was issued to enforce
an judgment  for $1.3 million awarded by the court against CIGSA in favor of
Richard P Estrada. EECC is also commanded to appear before the court and list
all funds/assets in our possession that might belong to CIGSA,  and to
disclose what other persons we know ofif any, that might have such funds or
assets.  The lawyer for Mr. Estrada is the same lawyer who successfully
garnished EECC in the past to collect sums owed other CIGSA judgment
creditors.

Please take this prohibition as applying even to cases where CIGSA might be
entitled to the money or the property under our contracts with them, or where
the funds or property are in joint venture acounts or custody in the US or
Mexico until we have had a chance to review matters in detail and make a more
accurate assessment. In the meantime, effective immediately, do not make ANY
payments to or on behalf of, or release ANY property to or on behalf of, any
CIGSA entity without first obtaining legal department approval. The court may
impose penalties for violations  of its garnishment order.

We will assemble an appropriate litigation team to work onthis matter. Randy
Pais will be handling this for EEOS legal. I suggest that Mike Pearson and
Mark Brand get the word out to the Project Management and Project Control
teams on  this matter ASAP.

JWVS


How are we handling this type of issue? Are we sending them a letter indicating that they still have to pay for gas we have already delivered? Are we reading the contracts on a one-off basis to determine our rights? This is probably our largest gas deal with the biggest receivable $$ in the door - and also big in the money MTM from our perspective.

 -----Original Message-----
From: 	Baxter, Bryce
Sent:	Friday, December 14, 2001 10:00 AM
To:	Brackett, Debbie R.; Rohauer, Tanya; Williams, Jason R (Credit)
Subject:	FW: Florida Power and Light Cash Forecast

FYI

 -----Original Message-----
From: 	Doner, Max
Sent:	Friday, December 14, 2001 9:51 AM
To:	Baxter, Bryce
Cc:	Dhont, Margaret; Cashin, Janine; Valderrama, Lisa; Jacobs, Charles
Subject:	Florida Power and Light Cash Forecast

Bryce,

I spoke with Scott Borgmeyer of Florida Power and Light and FPL Energy Power Mktg.
concerning their payments that are due on December 17th and December 26th.
 According to Scott, they will not be making payments to us on these days due to the termination
of their contract effective December 12th.  They will not be paying at this time due to unwinding
arrangements of terminated contracts.  Payment amounts due are as follows:

December 17th	$21,064,010.57  FP&L

December 26th  $ 6,965,765.30   FP&L

December 26th  $     22,077.24   FPL Energy Power Marketing

Thanks,

Max


Hell yes we're coming out!!  Especially now that I know the job market is so good!  I'll give you a call to confirm details (I don't think I've actually talked to you in a couple of years!)  By the way, we're moving to Houston--my boss up and quit and since no one else wanted his job they gave it to me.  Cool.  df

Egert_Steve@emc.com on 03/13/2001 10:40:13 AM
To:	Drew.Fossum@enron.com
cc:

Subject:	RE: Market

You still coming out here next month?  We could pick lettuce together,
that's what I'm doing.

-----Original Message-----
From: Drew.Fossum@enron.com [mailto:Drew.Fossum@enron.com]
Sent: Tuesday, March 13, 2001 6:12 AM
To: kbaird@firstrate.com; dcarmany@hotmail.com; Egert_Steve@emc.com;
sackreit@flash.net
Subject: Market

I would have jumped yesterday but couldn't figure out how to get my window
open.  Since I'm on the 7th floor and the snowdrift goes up to the 4th, it
wouldn't have done much good anyway.  Know of any good part time jobs--I
need to supplement the ole' retirement plan!  df


(See attached file: hpl0708.xls)

 - hpl0708.xls


per Debbie Brackett


I agree.  If you are going to send an RSVP, I suggest it be you, me, and
Christie Patrick.  If any of us drop out, we'll be able to fill the space.

Mark


THE FRIDAY BURRITO
"...more fun than a fortune cookie, and at least as accurate."

"Are those folks smoking crack?" he asked in an outrage.  My friend, Ol'
Dave in Houston, has trouble understanding the workings of our power
business here in California.  In fact, so do I.  Yesterday's Joint
Senate/Assembly Committee on Energy and Natural Resources did nothing to
improve either Dave's or my understanding of the national embarrassment
California is perpetrating with electricity deregulation.

"The next thing you know, they will be taking property, and forcing
utilities to build power plants and transmission," he mused between sips
of Dixie longneck beer and chomps of jalapeno peppers.  "Come to think
of it, Dave, they did say something about that. Yeah," I recalled,
"Senator Peace was expounding on his favorite idea which is forcing the
ISO or the utilities to build peakers, and not let the market build
them.  I can't remember if that was before or after he suggested to EOB
Chairman Kahn that the ISO and the PX should be folded into State
agencies under the direction of the Electric Oversight Board."

I know what you are thinking right now.  The next thing you know
California will have regulated retail rates.  That recipe should be out
of the PUC's oven sometime next week.

"Well, the power marketers are jigging the system, bidding up to the
ISO's bid cap.   There is no way you can tell me that a generator
planned to make $750/MWH in its pro forma," Dave added. "So you agree
with Herr (Hair) Peace!  You don't believe in markets," I retorted. "Oh,
I believe in them, but I remember when I was short on a 300 MW trade,
and without any notice or advanced warning, the price in the Midwest
market went against me," Dave recalled.  "I called everyone who I traded
with, and they had nothing.  I finally called XXXXX, and I asked what
will it cost for 50 MW?"

"Why didn't you ask for 300?" I wondered.  "I didn't want to show him my
position.  You get hosed when you show the buyer your position.  Ask for
50, first," Dave chided.

"What happened?" "Oh, they offered to sell for $150/MWH.  I said I'd
take it, and then said I needed another fifty.  He asked $300.  I took
that, and he priced the next 50 MW at $600," lamented Dave.  "He just
wanted to see how far he could push me. That's what I mean when I say
the traders are jigging it."

"But Dave, you old communist, your forgetting the trading function is
what mitigates the risk. The traders are the in between people who guess
at the price.  Sometimes they guess right, and sometimes they guess
wrong.  But the damage, or the reward, is on their book, not passed on
to the ultimate consumer. It has nothing to do with the marginal cost of
a generating plant."

And there you have it.  Put in a price cap, and the traders have a
target for which to shoot.  I can't prove the following, yet, but I'll
wager with any of you that as the price cap level dips down, the average
trading price climbs even as the so-called "dysfunctional" price spikes
are eliminated.  Consumers get hosed, and the fundamental economic
principle is upheld, which is, one can never be made better off with the
imposition of an additional constraint.

I feel better already.  Here is what is on our short agenda this week.

>>> Things in the Mailbag

>>> Things in the People's Republic of California
 @@@ The ISO Replies to the EOB Report
 @@@ Reflections on a Day of Senate Hearings
 @@@ PUC Issues OII on Functioning of Wholesale Market

>>> Odds & Ends (_!_)

>>> Things in the Mailbag

It has been awhile since we put the mail feedbag on and had a munch.
Here is what my friends have been writing me.

FPL Energy's Steve Ponder was only too quick to tell me, "Please Gary,
no more whining about your computer.   How old are you?? Is this the
year you get the AARP letter??? A very depressing moment.  Do you really
not know how to spell Morro Bay???  Please let us know what is going on
with your son's hockey team?? Don't forget the cigars for Moron???
Bay!!!!"

It is good to have friends like Steve.  They make the pain of separation
so much easier. And Steve, when you FPL guys get that Entergy merger
sorted out, in a dozen years or so, you let us know. I want to
participate in the name selection for the new entity.  How about
Fentergy PLus?

Next, from the PX's Mark Hoppe, who writes, "As you've heard from
others, I don't know quite how you manage to knock out all this material
each week. The burrito is informative, humorous and usually contains a
sprinkle of irony, tragedy (ISO Drama).  Though you are usually neutral
regarding the PX, you are not unduly negative which I appreciate.  I
think we do a pretty good job over here and so often people in the
industry forget the amount effort and challenge it took the PX to
successfully open this market."

Thanks, Mark.  I just want you to know that my ability to write this
stuff every week is not constrained by the facts or evidence.  I have
learned from watching Herr (Hair?) Peace, that as long as you can talk
(write, too) fast, and have conviction in your statements, regardless of
how groundless they may be, you will have a willing and eager audience.

A few weeks ago, I received from the PX's Jennifer Sherwood a note,
which she wants you to know are her opinions, not necessarily the PX's.
It's okay, Jennifer.  I paid George,yesterday, the $20 I owed him for
that sham Rose Bowl bet, (remember?, Stanford lost) and your opinions
are cool with us.  "Just curious - has anyone been comparing high
unleaded prices to high CA electricity prices?  What I mean is, we are
up in arms about how we should protect the unfortunate San Diego
consumer who can't afford to keep the AC on. But what about the inflated
unleaded gas prices the whole country has seen over the last few
months?  No effort is made by the government to shield the consumer from
how much it costs to fill their gas tank.  No mention is made of those
who can't afford to drive to the grocery store because they can't afford
the extra 15 or 20 cents a gallon.  The costs are passed along to the
consumer without pause.  Granted there are differences between the
unleaded market and the electricity market in terms of demand-side
responsiveness, but then again is it that much different to say, `I
can't drive today because gas is too expensive'
vs. `I can't turn up the AC today because it's too expensive.'"

Finally, from one of our [secret] Washington readers, and I am not
telling who, I received the following: "I ... broke down and listened to
the [ISO Governing Board] discussion and vote.  Ugh!  I too noted that
the "speak fast" was applied to everyone but Herr Peace.  My goodness,
what a mess we have.  I loved Jerry's picture in USA Today -- it spoke
volumes.  My sources at FERC tell me, though, that we should keep an eye
out for {FERC Chairman] Hoecker to do something really ... [Censored]
... for political reasons.  Given no Commission meetings til September,
the only way to act is by unanimous consent, so I would hope he can't do
all that much."

>>> Things in the People's Republic of California
 @@@ The ISO Replies to the EOB Report

Several of you people commented to me that the ISO's reply to the
PUC/EOB report was very good.  I decided to excerpt the best sections of
it for the Burrito.  The full document can be found on the ISO's
website.

"... the [PUC/EOB] Report asserts that the suspected activities of
certain generators on June 13 created frequency instability leading to
the Bay Area blackouts the following day. In fact, the events of June 13
and June 14 were completely independent of one another. The voltage
instability on June 14 was caused by system conditions on that day alone
-- exceptionally high loads, insufficient generation in the specific
local area, and transmission constraints that prevented the import of
generation from outside the area.

"The Report states that the ISO "never tried" to call upon consumers to
reduce demand in order to avoid the Bay Area blackouts. In fact, the ISO
had in place on June 14 a number of demand response programs designed to
reduce load including the Summer 2000 Demand Response Program, under
which customers have agreed, through a prior solicitation, to curtail
energy use in exchange for a fee

"The Report makes a number of assertions concerning the prices paid by
`purchasers' of energy as a result of the recent price spikes (e.g. $1.2
billion in the month of June alone). These assertions leave one with the
mistaken impression that these prices reflect amounts actually paid by
the UDCs and/or passed through to customers. However, in determining the
total cost of energy, one must determine the impact of any forward
contracts entered into by the UDCs in advance of the wholesale energy
markets. These contracts, which are designed to "lock-in" a specific
price in advance of real-time or near real-time market activities, are
specifically designed to mitigate the impact of price volatility, and
are standard in all commodities markets. We have reason to believe that
some of the UDCs were substantially hedged during the period of the
recent price spikes.

"In a similar vein, the reports asserts that California "might well"
have saved $110 million dollars had a $250 price cap been in place in
May and June. This assertion assumes that all energy purchases would
have been made at or below the $250 bid cap. In fact, during times of
peak demand, when all of the state's generation has been exhausted, the
ISO competes with neighboring regions for available generation. In order
to secure the necessary power, the ISO must purchase, on a bilateral
basis, this energy from resources located outside of the ISO's control
area.

"The Report asserts that California power markets "are not now
competitive" and implies, erroneously in our view, that this is the
normal state of affairs. It is not. The Market Surveillance Committee
has noted that "market power in the California energy market appears to
arise
primarily during periods of peak demand," and warned that demand growth
would increase the incidence of market power during the summer of 2000.

"The Report asserts that the ISO is answerable only to a self-interested
board and not to the citizens of California. This simply is not the
case. The ISO is subject to the provisions of the Federal Power Act and
to the rules and regulations of FERC, which dictate, in part, that
wholesale energy rates must be just and reasonable and in the public
interest. The ISO further operates under a detailed tariff reviewed and
approved by FERC. Every change to our market design and virtually every
aspect of the ISO's business is subject to review and scrutiny by FERC.
The FERC process provides substantial opportunities for input by the
state agencies and such agencies have, in fact, been active participants
in the FERC proceedings.

"The Report asserts that California supply conditions have been affected
by restructuring and that somehow the restructuring choices have made
California more vulnerable to supply shortages. This assertion is
unfounded. Significant load growth in California and neighboring states
coupled with a lack of significant infrastructure investment in both
generation and transmission have caused this vulnerability.
Restructuring has increased proposed power plant applications many fold.
Only by immediate and sustained attention to streamlining approval and
siting processes for both of these critical infrastructure elements will
this significant shortage be addressed."

>>> Things in the People's Republic of California
 @@@ Reflections on a Day of Senate Hearings

If you want to imagine a scary sight, imagine, then, twelve California
legislators gathering together in one hearing room to rectify the wrongs
of electric restructuring.  Also imagine, as if you are in the Twilight
Zone, witnesses that are slow on their feet, and reckless in their
facts.  Then you get a glimpse of what yesterday's Joint Senate/Assembly
hearing was like.

It started over two hours late.  The Senate was busy congratulating one
of their own who is term-limited out next session, and they wanted to
heap on the glory.  That said, the show began with CEC Commissioner Bill
Keese.  Mr. Keese has one story, and regardless how well he tells it,
and he does, it is always the same story.  It is the heat storm story.
One can imagine in the heat storm story a lead character who is a
single-mom, call her Lady-Bird Bowen, who travels across an angry land
with her precocious pre-teen child, Stevie Wonderboy.  They are
searching for electric power plants in the dessert, which, by the grace
of God have been shipped to other countries which have more liberal
returns on investment.

Being the first speaker, Mr. Keese took at least half the heat (storm)
of the day.  The rage of the Energy Fuhrer was palpable.  Last week, San
Diegans shed 350 MW of load last week to save the entire system, and did
not receive one penny of compensation (I'm not making that up ... He
said it).  He is sick of hearing about demand management as being a
solution for the problem over the last five years, and he is about done
listening.  People in San Diego are depressed by the sudden price
hikes.  Yikes!

Keese did mention that the California reserve margin has sunk to 7%, but
in neighboring Arizona, the reserve margin is -1% or -2%!!  Mr. Keese
correctly pointed out that electric power is not solely a California
problem, it is a regional problem.  One member of the Committee asked
what the legislature could do to speed up the power plant siting and
construction process?

Keese referred to Governor Gray Davis' Executive Order issued last week
to which the CEC plans to respond soon, date uncertain, that lays out a
6 month permitting time line.  The six months are enough if the
applicant has the land secured, zoning okayed, transmission access, and
air offsets.  Hmmmmmm.  That alone might take six months before you get
to the CEC.

The next panel included Mr. Kahn of the EOB, and Ms. Lynch.  I went too
hard on her last week, calling her Let's Do Lynch.  That was a 0.8 TPC.
Sorry.  I promise to be nicer starting now.  The Energy Fuhrer
instructed Ms. Lynch to use her authority to order SDG&E to divert the
pass through of funds from the customers to the PX until the dysfunction
of the market is cured.  Put it in an escrow account.  Ms Lynch promised
to review this option at her August 21 PUC Meeting where she will enact
SDG&E rate caps (told you).

The star of the day, I thought, was FERC General Counsel Doug Smith.
Mr. Smith comes to Sacramento.  Isn't that a switch?  Mr. Smith came in
place of Mr. Hoecker, thank the Lord.  Mr. Smith put into FERC-eese what
these 12 legislators could not get through their heads any other way.
The 12 angry legislators were looking for a way for FERC to declare the
wholesale market as non-competitive, and then ask the generators to give
back the money they over collected.  When can we do that?  Mr. Smith
answered as only a FERC attorney can answer.  There is a process.  It
takes time.  You must have evidence.  FERC uses a three-part criteria
for assessing whether or not market based rates are allowable.  It's
based on market concentration and dominance, not the existence of high
prices.  You would have to sue FERC in federal court, and the best you
could hope for is for FERC to reconsider its decision upon remand from
the US Court of Appeals.

Slowly, the wind came out of the sails of the gang of 12.  They were
stumped.  Herr (Hair?) Peace screamed, couldn't you, Mr. Smith of FERC,
today use your authority to declare the markets non-competitive, that
generators who had market based rates have exercised market power, and
retro-actively implement a $250 rate cap across the Western region?
Like a wheezing accordion, Mr. Smith played back and forth the familiar
strains of music, like a solo street musician on the corner.  Back and
forth: the process, the process, the process.  There have been times in
the past I hated the process at FERC.  Today, I have a renewed respect
for what process affords me and you ... Freedom from the tyranny of a
mob.

For the remainder of the hearing, they focused on remedies that could be
undertaken by the PUC.

>>> Things in the People's Republic of California
 @@@ PUC Issues OII on Functioning of Wholesale Market

Well, the official title is, "Order Instituting Investigation into the
Functioning of the Wholesale Electric Market and Associated Impact on
Retail Electric Rates in the Services Territory of San Diego Gas &
Electric Company".  I like my title better.

This Order, or OII was issued at the last business meeting of the
Commission, on August 3.  It calls for an investigation of the wholesale
markets, responses from the three UDCs, and a pre-hearing conference in
San Diego on August 29 at the San Diego Convention Center.

Here are the questions the PUC wishes us to address:

 What bill payment options should be provided to assist residential and
small commercial customers? (What does this have to do with the
functioning of the wholesale market?)

 Should SDG&E be authorized to participate in bilateral contracts or
other supply procurement activities? How should the Commission assess
reasonableness?  Are SDG&E's purchasing activities serving its customers
on just and reasonable terms?

 What is SDG&E's obligation to minimize energy costs for its current
customers?

 How should the Commission, Attorney General, EOB, ISO and PX
coordinate to investigate wholesale market events, behaviors, and
irregularities?  How should state/federal concerns be addressed?

 What are the causes of the price increases?  Are anticompeititve
practices causing some of the price increases?  Are there mechanisms the
Commission can employ to make ratepayers whole?

>>> Odds & Ends (_!_)

As promised last week, I have a message from our event coordinator, Barb
Ennis, regarding the upcoming WPTF General Meeting on October 5 and 6.
Listen up!

She writes:

Hi Folks......

Well it is almost that time again....WPTF's October General Meeting will
be held at the Inn at Morro Bay, Sixty State Park Road, Morro Bay,
California 93442. Their phone numbers are: 800-321-9566 or 805 772-5651.

The dates are October 5th and 6th, Thursday and Friday.
The Inn at Morro Bay will also honor the same room prices if you choose
to also stay Wednesday,Friday or Saturday. We have blocked 24 rooms for
October 5th. Which range in prices: Petite Room with Queen Bed $89. (16
rooms) Pool and Garden View with King Bed and Private Hot Tub $152. (4
rooms) View of Bay rooms with two (2) Double Beds $152. (4 rooms) All
these rooms are on a First come basis.

SHUTTLE Information: The San Luis Obispo Airport is about 25 to 30
minutes by shuttle NOTE: FOG CAN BE THICK AT THIS AIRPORT..FLY IN THE
AFTERNOON .......

Ride-On Shuttle (805) 541-8747 Rates Door to Door are $22.00 per person
for the 1st person and ONLY $2.00 per person afterwards....SO if some
planning can be done on the Airline Arrival times, through Barb, and one
person books the Shuttle for a Group....the cost is substantially lower.

Now, for(e) our Golfers....Tee times have been booked for Thursday,
October 5th starting at 8.07am, 8.15am and 8.22am (space for 12
Golfers)..Sorry for the early morning start. The Golf Course has a Group
going out from 8.30 am until 11.30am.

The Golf Course is across the Inn at Morro Bay and your contact at the
Course is Pat (805) 471-4360.

For folks that may want to tour, Hearst Castle is located only 30
minutes from the Inn at Morro Bay. Within walking distance of the Inn is
a Natural History Museum, a marina with kayak and canoe rentals.
Shopping and dining along the Embarcadero, and some great hiking.

World class wineries and tasting rooms numbering over 40 are located
within a short drive from the Inn.

If you choose to drive it is 3-hours from San Jose, American Eagle,
Skywest and United Express all serve the local Airport in San Luis
Obispo.

Duke Energy is willing to conduct a Plant Tour (A woman's only plant
tour will be led by Duke's Carolyn Baker) if some may wish to do so.
The sooner we can do the booking, the better.  So, bring the Family and
we are looking forward to seeing you at WPTF's General Meeting.

Agenda for October General Meeting

Thursday, October 5
3:30 pm - 5:30 pm All Member's Meeting
7:00 pm - Dinner Reception (We are still working on the details)

Friday, October 6

9:00 am Opening Remarks and Program
Irene Moosen - Distributed Generation Case at the PUC
Bill Freddo - Confessions of a Merchant Plant Operator in New England
ISO
Dr.Frank Wolak - Topic of his choice
Open Session - Everyone Gets a Chance to Speak

Lunch provided at Noon.
=======================
The object of humor notwithstanding, and seeing how the flow of new
material has slowed a bit, my wife provided this week's laughter.  She
didn't have to attend the Senate hearing.

Subject: The Brilliance of Women

There were 11 people hanging onto a rope that came down from a
helicopter.  Ten were men and one was a woman. They all decided that one
person should get off because if they didn't the rope would break and
everyone would die.

No one could decide who should go so finally the Woman gave a really
touching speech saying how she would give up her life to save the
others, because women were used to giving up things for their husbands
and children and giving in to men.

All of the men started clapping.
===============
Have a great weekend, y'all [applause]

gba


Thanks


John:

The position is hedgeable. Tom Barkeley, from our group, has put together a
spreadsheet showing the necessary combination of digitals and europenas to
make it happen. We will be glad to assist you pricing that.

Paulo Issler

John Griffith@ENRON
03/09/2001 12:42 PM
To: Paulo Issler/HOU/ECT@ECT
cc:
Subject: Phillips Production Company - Hedge

---------------------- Forwarded by John Griffith/Corp/Enron on 03/09/2001
12:45 PM ---------------------------

Louis Dicarlo
03/01/2001 06:55 AM
To: John Griffith/Corp/Enron@Enron
cc:

Subject: Phillips Production Company - Hedge

When you have a few minutes, please take a look at the request below.  My
thoughts are this product is not hedgable.  I'm looking for another opinion
and I figure you've probably seen everything under the sun.

I don't need a response today but this week would be great.  Thanks

---------------------- Forwarded by Louis Dicarlo/NA/Enron on 03/01/2001
06:52 AM ---------------------------

Nelson Ferries
02/27/2001 01:19 PM
To: Louis Dicarlo/NA/Enron@ENRON
cc:

Subject: Phillips Production Company - Hedge

Louis:

Can you take a look at this and respond to John Singer.
---------------------- Forwarded by Nelson Ferries/Corp/Enron on 02/27/2001
01:18 PM ---------------------------

	Enron North America Corp.

	From:  John M Singer                           02/27/2001 10:26 AM

To: Nelson Ferries/Corp/Enron@ENRON
cc:

Subject: Phillips Production Company - Hedge

Phillips Production would like to know if it is possible to do a Financial
Hedge for both the NYMEX Settle and Basis.  The attached scheudle calculates
the Basis as a percentage of the NYMEX Settle instead of a traditional
location basis.   Please review.

Can the Basis be hedged since it is based on the NYMEX Settle instead of a
traditional location basis?

Volume:  5,000 - 7,000 per day.
Period is :  Apr01 - Oct01


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

----- Forwarded by Debra Perlingiere/HOU/ECT on 06/01/2001 04:43 PM -----

	Bob Bowen
	06/01/2001 04:19 PM

		 To: Debra Perlingiere/HOU/ECT@ECT
		 cc:
		 Subject: Citation


The meters in question are : 616, 894, 2538, 2690, 3396.

Mtrs 616 and 2538 are shrinkage and condensate meters.  Volumes are split
among HPLR Liquids and HPLC, with the majority going to Liquids.
Mtr 894 is a gas loss meter.  Volume should be allocated to our operational
ua4 contract.
Mtrs 2690 and 3396 should be allocated to Liquids.

You can see these allocations by viewing prior months in POPS.  On Monday
afternoon, Clem Cernosek will verify the above transactions and expain the
split between parties at 616 and 2538.

D

Mandy MacKinnon
03/03/2000 08:02 AM
To: Daren J Farmer/HOU/ECT@ECT
cc: Stella L Morris/HOU/ECT@ECT, Jackie Young/HOU/ECT@ECT, Pat
Clynes/Corp/Enron@ENRON, Stacey Neuweiler/HOU/ECT@ECT, Ami
Chokshi/Corp/Enron@ENRON
Subject: Re: 3-rivers / King Ranch / HPLR Liquids

I have identified the additional HPLC wellhead purchases and have made
corrections to the interconnect tickets accordingly.  Jackie is still having
difficulty identifying all the wellhead purchase.  We feel there are at least
6 meters flowing a total of appox. 7000 a day that are not showing up on a
HPLC purchase or a HPLR transport.  I believe she has given you this
information and will await instructions or for the purchases to be input
reflecting the proper Enron Entity purchasing these volumes.

We have worked very hard on this issue and I apologize that it has not yet
been entirely corrected.


Daily Blessing
Joyful Moments
http://www.daily-blessings.com/bless101.htm

Visit Christmas greetings at
http://www.debsfunpages.com/christmas.htm

I just found a really neat site that I hope you'll all check out.  With the
holidays coming up it has a great idea for that person you don't know what to
get...but someone you think is the greatest.  It's called Unsung Hero and I
know we all have one of those in our lives..check this out and see what they
have to offer.  I ordered one today!!

http://www.daily-blessings.com/cjunsunghero.htm

Hundred's of you have taken advantage of the free download available for the
Work From Home folks.  If you haven't checked it out yet...you should!!

http://www.daily-blessings.com/cjworkfromhome.htm

<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>
* To remove yourself from this mailing list, point your browser to:
http://inbound.postmastergeneral.com/remove?dailyblessings:10
* Enter your email address (judy.hernandez@enron.com) in the field
provided and click "Unsubscribe". The mailing list ID is "dailyblessings:10".

OR...

* Reply to this message with the word "remove" in the subject line.

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X-PMG-Recipient: judy.hernandez@enron.com
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Steve,

I don't know if you're checking your e-mail while you're out, but I wanted to
let you know how very sorry John and I were to hear of your loss.   You and
your family are in our thoughts in these difficult times.  If your dad was
anything like you, I know he will be greatly missed by many friends and
acquaintances.

Elizabeth


FYI
----- Forwarded by Richard B Sanders/HOU/ECT on 05/23/2001 08:57 AM -----

	"G. Vance Tucker" <vance@gvtucker.com>
	05/23/2001 11:51 AM

		 To: Richard Sanders <Richard.B.Sanders@enron.com>
		 cc:
		 Subject: Pedro and the Sox

Last night's game was rescheduled for 4 June.  They're going to skip
Wakefield's turn, so Pedro's pitching on 24 May.  That means that if
things stay the same, he'd pitch on Thursday, 21 June and miss that
weekend against the Blue Jays entirely.

But heck, 2-0 games are boring, right?


Willis Philip and I are scheduled to attend the Oct 16 class.

Paul
3-0403

 -----Original Message-----
From: 	May, Tom
Sent:	Monday, October 01, 2001 7:46 PM
To:	Day, Smith L.; Gulmeden, Utku; Thomas, Paul D.; Broderick, Paul J.; Davis, Mark Dana; Tripp, Garrett; Misra, Narsimha
Subject:	FW: Virtual Bidding Seminars - Oct 16 & 29 - Be Ready for the New Market

Folks,

Who is planning on attending the virtual bidding seminar in NY?

Tom.

 -----Original Message-----
From: 	owner-nyiso_tech_exchange@lists.thebiz.net@ENRON [mailto:IMCEANOTES-owner-nyiso+5Ftech+5Fexchange+40lists+2Ethebiz+2Enet+40ENRON@ENRON.com]  On Behalf Of AStorey@nyiso.com
Sent:	Thursday, September 27, 2001 2:44 PM
To:	market_relations@nyiso.com
Subject:	Virtual Bidding Seminars - Oct 16 & 29 - Be Ready for the New Market

AStorey@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

NYISO opens its Virtual Marketplace on November 1. Whether you've
registered to participate in it, are considering doing so, or are
interested in its potential impact on the existing markets, you'll want to
attend one of the two upcoming seminars scheduled for October 16 and 29.

The programs will cover:
     NYISO bidding fundamentals - a short overview for those new to the
NYISO marketplace
     Virtual Transaction basics
     Virtual Transaction entry
     Virtual Transaction charges
     Billing
     Credit requirements
     Illustrations and examples
     Market Monitoring functions involving Virtual Transactions

Each one-day program will be intensive and practical. It will address your
virtual bidding options and the impact these bids will have on prices in
both the day-ahead and real-time markets. It will give you a good picture
as to how this market works and how your participation may be advantageous
to you.

The day-ahead and real-time markets will change as a result of this new
option. Therefore, this course will be extremely valuable, not only to
those bidding virtual transactions, but also to everyone bidding load or
supply in the existing energy markets.

The course will be run on the following dates as indicated:
     October 16     Albany Marriott, 189 Wolf Road, Albany, New York
     October 29     Desmond Hotel, 660 Albany-Shaker Road, Albany, New York

Course Registration will begin at 8:00 am and the course will start at 8:30
am. Wrap-up each day will be by 4:00 pm.

Register for the seminar through our web site at:
http://www.nyiso.com/services/training/cinfo/index.html


CALENDAR ENTRY:	APPOINTMENT

Description:
	30c1 Strategic Information Management (Lunch Provided)

Date:		1/26/2001
Time:		11:30 AM - 1:30 PM (Central Standard Time)

Chairperson:	Stacey W White

Detailed Description:


All deals have been moved to ENA-IM WEST last night.  Set up your physical post-id's for today and calculate the weapon-X, make sure there are no deals in your books using a forwards detail.  If it is blank, you can run your weapon-X and input into your P&L this morning, you will also need to officialize your physical book one last time.

Financial - you don't need to roll your p&l anymore, (except for Monte, you will have to due to the transport model).
Go into the RAC website and inactivate all of your books other than the physical, you will do that tomorrow.

Now that all tagg deals are in one book, we will be splitting up the alphabet among all groups to help monitor that the correct counterparties are being moved to the Bankuptcy book.  We will get with you all later regarding that.

Let me know if you have any questions.

Thanks

KK


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  , 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude Spread     http://www.carrfut.com/research/Energy1/crudespread22.pdf
Heat Spread     http://www.carrfut.com/research/Energy1/heatspread22.pdf
Unleaded Spread
http://www.carrfut.com/research/Energy1/unleadspread22.pdf

Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack22.pdf
Gas Crack     http://www.carrfut.com/research/Energy1/gascrack22.pdf

Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com


How many times do I have to say EMAIL IT?
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/09/2001 01:57
PM ---------------------------

"Way, Karen S. - CHI" <karen.way@piperrudnick.com> on 02/09/2001 11:55:08 AM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Shindler, Donald A. - CHI" <Donald.Shindler@piperrudnick.com>,
"Townsend, Christopher J. - CHI" <chris.townsend@piperrudnick.com>

Subject: RE: Titan-Schaffer Option

Kay:
Just to clarify.  The "blacklined changes" in the fax I sent to you come
directly from the document that you sent to us yesterday.  We will let you
know as soon as we hear anything further.

Thanks, Karen

Karen S. Way
Piper Marbury Rudnick & Wolfe
203 N. LaSalle
Chicago, Illinois 60601
email:  karen.way@piperrudnick.com
(ph) 312-368-2152
(fax) 312-630-6347

> -----Original Message-----
> From:   Way, Karen S. - CHI
> Sent:   Friday, February 09, 2001 11:45 AM
> To:   'kay.mann@enron.com'
> Cc:   Shindler, Donald A. - CHI; Townsend, Christopher J. - CHI
> Subject:   Titan-Schaffer Option
>
> Kay:
>
> This is to confirm that I have faxed to you at 713-646-3491 the following
> documents:  i) a copy of the cover fax-letter to Mr. Al Freehill, attorney
> for the Schaffers; and 2) the blacklined changes to the Schaffer-Titan
> Option for Mr. Freehill's review per your changes yesterday.  Please call
> Don or me with any questions on this matter.
>
> Karen S. Way
> Piper Marbury Rudnick & Wolfe
> 203 N. LaSalle
> Chicago, Illinois 60601
> email:  karen.way@piperrudnick.com
> (ph) 312-368-2152
> (fax) 312-630-6347
>
____________________________________________________________________________
The information contained in this communication may be confidential, is
intended only for the use of the recipient named above, and may be legally
privileged.  If the reader of this message is not the intended recipient, you
are hereby notified that any dissemination, distribution, or copying of this
communication, or any of its contents, is strictly prohibited. If you have
received this communication in error, please re-send this communication to
the sender and delete the original message and any copy of it from your
computer system.
Thank you.

For more information about Piper Marbury Rudnick & Wolfe, please visit us at
http://www.piperrudnick.com/
____________________________________________________________________________


Ken Lay has a video message for you about the Chairman's Award on "Up Front."  Please go to "Up Front" at http://home.enron.com/upfront/ to access it.  An audio option and transcript are available for employees who cannot access the video.

"Up Front" will feature open, honest and timely video messages from the Office of the Chairman and Enron management about what's going on around the company.

If you encounter technical difficulties, please contact your IT technical support representative.


Today, Enron hosted a conference call to give investors a current overview of the company. Here's an update of what we discussed during the call.

We told investors that we're doing everything we can to protect their interests and to regain their confidence. Our focus remains on our credit quality, balance sheet and liquidity, which are essential for our continued success and expansion of our wholesale businesses.

It took more than a few weeks to get where we are today. Here's a snapshot of significant events that led to our current situation:

-- In hindsight, we definitely made some very bad investments in our non-core businesses over the past several years. Those include investments in Azurix, India and Brazil. They have performed far worse that we could have ever imagined when we made these investments;

-- Because of these bad investments, we've become over-leveraged as a company. The negative impact of those investments was exacerbated through the extensive use of debt capital both on and off our balance sheet;

-- We also entered into related party transactions that led to a loss of investor confidence, which has been very damaging;

-- We've been criticized for our lack of transparency and our hard-to-understand financial and operating disclosures; and

-- On top of it all, we discovered errors in our financial statements, as discussed in our 8-K filing last week, that required a restatement of previously reported earnings.

We've taken a new look at our businesses and have separated them into three areas: core businesses, non-core businesses, and businesses under review.

Core Businesses

Our core businesses remain strong and consistent sources of significant earnings and cash flows for the company. They're our competitive advantage. These include:

-- Natural gas pipeline businesses;

-- Gas and power businesses in North America and Europe;

-- Retail businesses in North America and Europe; and

-- Coal businesses in North America and Europe.

The events of the past few weeks have had a temporary negative impact on our projected fourth quarter profitability. It's too early to tell at this time what impact this might have on our operating results. We are considering these actions now so that we can quickly return to normal business in 2002.

I also remain optimistic that the actions we've taken over the past couple of weeks have addressed our customer and counterparty credit and liquidity concerns. According to our business unit leaders, we have definitely seen improvement in our counterparty relationships.

Non-Core Businesses

Our non-core businesses include our global assets group and our broadband division. We have invested more than $8 billion in these businesses, and the return from them has been dismal.

We have an aggressive program in place to exit these businesses and expect that the sale of these businesses will generate billions of dollars in cash that we can use to repay debt and reinvest in our core businesses. We already have more than $800 million in assets contracted for sale this year. They include CEG Rio, a gas LDC in Brazil; EcoElectrica, a power plant and LNG receiving terminal in Puerto Rico; and asset sales of offshore oil and gas properties in India. The approximately $2.9 billion Portland General sale is also on target to close in late 2002 pending regulatory approvals.

Businesses Under Review

These businesses are comprised of those operations outside our power and gas wholesale businesses and include global and industrial markets. While several of these businesses have very strong future prospects, we need to determine if their capital requirements and near-term growth prospects are sufficient enough in terms of earnings and cash generation.

Reviewing our businesses this way will help determine where we need to make reductions to our work force. More information will follow as soon as it becomes available.

Credit Rating/10-Q Filing

We continue to meet regularly with credit rating agencies and believe that our liquidity enhancements and scheduled asset sales will strengthen our balance sheet and maintain our investment grade credit rating. Our current credit ratings by the three major rating agencies are as follows:

-- Moody's at Baa3       "Under Review for Further Downgrade"

-- Fitch at BBB-             "Evolving Status"

-- S&P at BBB-              "CreditWatch Negative"

We also discussed our existing financial vehicles, including Osprey, Marlin and Yosemite, in further detail. We told investors that we will file our 10-Q five days late due to our current activities. It will be filed on Nov. 19.

We will continue to have updates with investors over the coming weeks as well as our frequent updates with you. The full transcript of our conference call will be filed with the Securities and Exchange Commission in the next few days. It will also be posted on our web site at www.enron.com/corp/investors under "SEC Filings."

In connection with the proposed transactions, Dynegy and Enron will file a joint proxy statement/prospectus with the Securities and Exchange Commission. Investors and security holders are urged to carefully read the joint proxy statement/prospectus regarding the proposed transactions when it becomes available, because it will contain important information. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus (when it is available) and other documents containing information about Dynegy and Enron, without charge, at the SEC's web site at www.sec.gov. Copies of the joint proxy statement/prospectus and the SEC filings that will be incorporated by reference in the joint proxy statement/prospectus may also be obtained for free by directing a request to either: Investor Relations, Dynegy Inc., 1000 Louisiana, Suite 5800, Houston, TX 77002, Phone: (713) 507-6466, Fax: (713) 767-6652; or Investor Relations, Enron Corp., Enron Building, 1400 Smith Street, Houston, TX 77002, Phone: (713) 853-3956, Fax: (713) 646-3302.

In addition, the identity of the persons who, under SEC rules, may be considered "participants in the solicitation" of Dynegy and Enron shareholders in connection with the proposed transactions, and any description of their direct or indirect interests, by security holdings or otherwise, are available in an SEC filing under Schedule 14A made by each of Dynegy and Enron.


CALENDAR ENTRY:	APPOINTMENT

Description:
	Terry K. - Oncall

Date:		10/20/2001
Time:		7:00 AM - 8:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


---------------------- Forwarded by Kay Mann/Corp/Enron on 12/21/2000 08:09
AM ---------------------------
   Enron Americas - Office of the Chairman
From: David Delainey and John Lavorato on 12/21/2000 02:02 AM
Sent by: Enron Announcements
To: ENA Employees
cc: Joe Kishkill/SA/Enron@Enron, Orlando Gonzalez/SA/Enron@Enron, Brett R
Wiggs/SA/Enron@Enron, Remi Collonges/SA/Enron@Enron, Jeffrey A
Shankman/HOU/ECT@ECT, Mike McConnell/HOU/ECT@ECT, Jeffrey
McMahon/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT, Louise Kitchen/HOU/ECT@ECT,
Philippe A Bibi/HOU/ECT@ECT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Frevert/NA/Enron@Enron, Greg
Whalley/HOU/ECT@ECT, Richard Shapiro/NA/Enron@Enron, Steven J
Kean/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Ben F
Glisan/HOU/ECT@ECT, Mark Koenig/Corp/Enron@ENRON, Rick Buy/HOU/ECT@ECT, John
Sherriff/LON/ECT@ECT, Jeff Skilling/Corp/Enron@ENRON, Kenneth
Lay/Corp/Enron@ENRON, Cliff Baxter/HOU/ECT@ECT, Michael R Brown/LON/ECT@ECT,
Mark Palmer/Corp/Enron@ENRON
Subject: Re-Alignment

Thanks to all of you, Enron North America has had an outstanding year in
2000.  Some of the more notable accomplishments include:
a) 100% plus increase in EBIT from 1999 actuals to 2000 forecast;
b) significant rationalization of the balance sheet including the sale of the
(i) Wind River/Powder River gathering assets, (ii) East Coast Power
generating assets, (iii) HPL and (iv) five of the six Eastern Peakers;
c) ENA is the leading energy merchant by a factor of two;
d) physical electricity volume grew by 34% YTD 1999 to YTD 2000 forecast;
e) natural gas volumes grew by 82% YTD 1999 to YTD 2000 forecast;
f) 500% growth in daily transactions from November 1999 to November 2000 due
to the highly successful Enron OnLine distribution channel; and
g) ENA reaching its 25% ROCE target.

These are truly outstanding accomplishments and our expectations for growth
and opportunity in Enron North America for 2001 are consistent with that
success.  In order to reach these goals, we felt it necessary to re-align a
number of our organizations. A number of these changes are completed.  The
goals of such re-alignment include:
a) increase overall productivity with the goal to ensure that every employee
is in a position to contribute regardless of skill set;
b) increase overall market coverage, deal flow and information generation
with the goal to increase bid/offer income, increase the velocity of deal
flow, improve customer coverage and promote quality information transfer to
our trading organization;
c) increase deal quality and earnings quality with the goal to (i) allocate
our resources towards the best transactions and (ii) significantly increase
our &mid-market8 originated transactions in our portfolio;
d) promote real time decision making and a closer tie between our trading and
origination (mid-market and structured) organizations in order to better
align those functions to reduce the amount of un-productive internal focus;
e) increase the overall velocity of the capital being utilized consistent
with our goal of a 25% plus return on capital employed; and
f) identify and recognize a host of new leaders in the organization that are
critical to meeting our goals next year.

With these objectives in mind, patterned after the successful business models
in Calgary and Portland, effective immediately the following changes are
being implemented:
a) East Power ) a single East Power Team incorporating trading, mid-market
and origination will be formed under the co-leadership of Kevin Presto and
Janet Dietrich who will report to the Enron Americas - Office of the Chairman
(EA OOC).  This team will have one income statement, one book and a joint
accountability. However, a clear delineation of responsibilities inside these
teams will continue to exist in which the trading organization will manage
the risk, income statement and product development aspects of the
partnership. The originators will have the primary responsibility to generate
origination income, provide coverage, deal flow, lead strategy formulation,
provide information and generate strategic positions.  Overall, the team will
be rewarded based upon increasing the value of the book, meeting
coverage/deal flow targets and meeting its strategic/growth goals in the
Eastern power markets. The team will be responsible for covering the IOU,s,
muni,s/co-ops, industrials and IPP,s and will utilize all ENA,s product
capabilities including the power commodity, assets and capital. The team will
further be broken down into several key strategic regions and business units
including:
  (i) ERCOT ) managed by Doug Gilbert Smith and Bruce Sukaly;
  (ii) NE ) managed by Dana Davis and Jeff Ader;
  (iii) Midwest ) managed by Fletch Sturm and Ed Baughman;
  (iv) SE ) managed by Rogers Herndon and Ozzie Pagan;
  (v) East Power Development ) managed by Ben Jacoby;
  (vi) East Power Structuring  - managed by Bernie Aucoin; and
  (vii) East Power Fundamentals and the &Genco8 ) managed by Lloyd Will

b) West Power ) there will be no changes to the Portland office which is
managed by Tim Belden and Chris Calger .  Both Tim and Chris will continue to
report to the EA OOC.
c) Canada and Mexico ) there will be no changes to the Canadian or Mexican
offices which are managed by Rob Milnthorp and Max Yzaguirre respectively.
Both Rob and Max will continue to report to the EA OOC.
d) U.S. Natural Gas ) there are several changes anticipated in this business
consistent with the goals and objectives described above. The changes
primarily affect the East, Central, West and Texas gas regions. Each region
will consist of a single gas team incorporating trading, mid-market and
origination. Each team will have one income statement, one book and a joint
accountability. However, a clear delineation of responsibilities inside these
teams will continue to exist in which the trading organization will manage
the risk, income statement and product development aspects of the
partnership. The originators will have the primary responsibility to generate
origination income, provide coverage, deal flow, lead strategy formulation,
provide information and generate strategic positions. Overall, the team will
be rewarded based upon increasing the value of the book, meeting
coverage/deal flow targets and meeting its strategic/growth goals in the
Eastern, Western, Central and Texas gas markets.  The team will be
responsible for covering the LDC,s, muni,s/co-ops, industrials, IOU,s, IPP,s
and the producers.  There will be an increasing focus on the upstream side of
the business including the producers, transporters and storage providers in
addition to market area opportunities. The team will utilize all of ENA,s
product capabilities including the gas commodity, assets and capital. Each of
these groups will report directly to the EA OOC;
East Gas ) a single East Gas Team incorporating trading, mid-market and
origination will be formed under the co-leadership of Scott Neal and Frank
Vickers who will be returning from Portland to join this team.
West Gas  ) in a similar manner, a West Gas Team will be formed co-managed by
Phillip Allen and Barry Tycholiz, who will be joining us in Houston from the
Canadian team. The Denver office under Mark Whitt will be integrated under
this team.
Central Gas )  in a similar manner, a Central Gas Team will be formed
co-managed by Hunter Shively and Laura Luce. The Chicago office will be
integrated into this team.
Texas Gas ) the Texas Gas Team will be managed by Tom Martin. This team will
continue to manage the gas trading business around HPL until the pending sale
is concluded in Q2 2001.  After the sale of HPL, this team will build a Texas
gas business without ownership of the HPL assets.
Financial ) this group will continue to be managed by John Arnold with no
significant changes.
Derivatives ) this group, lead by Fred Lagrasta, will offer derivative and
financial mid-market products and services to the natural gas market
specifically targeting CFO,s and treasury departments.  Fred will continue to
maintain certain existing mid-market accounts with a number of producer and
industrial accounts where relationships are well formed. Otherwise,
mid-market coverage will gravitate to the regions. The New York office gas
marketing efforts will continue to be managed by Fred.
Upstream Products ) this group, lead by Jean Mrha, will develop several
distinct product offerings for the upstream segment of the gas market.  This
group will develop and market the product in conjunction with the regions.
This is consistent with our desire to have a broader product offering and
greater market penetration in the upstream segment.  These products include
producer outsourcing, similar to our successful Petro-Canada and Suncor
relationships in Canada, physical storage re-engineering, compressor
services, wellhead liquidity products and offshore asset and capital
products.  In addition, Jean will manage our Bridgeline joint venture with
Texaco.
Gas Structuring ) this group will be lead by Ed McMichael, reporting to Frank
Vickers, will provide structuring and deal support to all the gas teams.
Gas Fundamentals ) this group will be lead by Chris Gaskill, reporting to
Hunter Shively, will provide fundamentals to all the gas teams.

Julie Gomez will continue to support the gas floor through several identified
projects including long-term supply/demand analysis and, natural gas
transportation capacity trading opportunities.

There is an expectation of some customer overlap between the gas and power
groups; for example, the combination utilities and the IPP,s.  The teams will
coordinate with regard to the combination utilities like Con. Edison or
PG&E.  With regard to the IPP,s, to the extent that the product offering
involves an underlying power position, the power teams will manage. We have
asked Janet Dietrich to coordinate such overlaps between the two
organizations in Houston.

e) Technical/Restructuring - In the effort to consolidate and centralize our
technical resources (engineering, development, operations, pipeline) to
ensure that this skill base is available to all ENA groups and utilized
productively across the organization, Brian Redmond will form and manage the
Technical Services Group.  This group will manage ENA,s technical risks and
will provide, on a cost basis, technical services for the entire ENA
organization. This group will manage the interface with EE&CC and OEC.  In
addition, the Restructuring Group, currently managed by Dick Lydecker, will
report to Brian Redmond.  This group is currently monetizing a large portion
of the merchant investment portfolio given our current strategies.  This
group will have continuing responsibility to manage troubled commodity and
capital transactions that need considerable time and attention to manage risk
and monetize.

In addition to these responsibilities, Brian will manage the pending sale and
transition of the HPL asset over the next couple quarters as regulatory and
securities approvals are obtained in order to complete the sale.  Brian will
report to the EA OOC.

f) Principal Investing  )  with the departure of Jeff Donahue to new
opportunities in EBS, ENA,s venture capital function will be managed by
Michael L. Miller.  This group makes small investments in distributed
generation, power quality and technology companies that can benefit from
Enron,s distribution channels and expertise.  Michael will report to the EA
OOC.

g) Corporate Development ) Tim Detmering will assume the corporate
development responsibilities for ENA as Jeff transitions to his new role and
will report to the EA OOC.

h) Generation Investments ) there will be no changes to this group managed by
Dave Duran. Dave will continue to report to the EA OOC.

i) Energy Capital Resources ) there will be no changes to this group
currently lead by C. John Thompson and Scott Josey.  John and Scott will
continue to report to the EA OOC.

As a final note in the interest of keeping things simple, Enron Americas will
have two operating divisions  - Enron North America and Enron South America.
As a result, we will continue to conduct business under these two operating
companies; therefore, eliminating the need to change legal entities et al.
If you are currently a commercial employee of ENA or ESA you will continue to
conduct business in that company.

We look forward to another exciting year in the North American energy
market.  This is certainly a company unrivaled in the marketplace with the
most talented employees.  The opportunities are endless.  We wish you and
your family a very happy and safe holiday season.


Notice No. 00-393
November 20, 2000

TO: ALL NYMEX AND COMEX MEMBERS AND MEMBER FIRMS

FROM: Neal L. Wolkoff, Executive Vice President

DATE: November 20, 2000

RE: Notice of Availability of Demutualization Rules
____________________________________________________________________

The purpose of this Notice is to advise Members and Member Firms that the
bylaws for NYMEX Holdings and for NYMEX Inc., along with related rule changes
for NYMEX Inc., which implement the demutualization transaction, can be found
on the Exchange,s website at
http:\\www.nymex.com\refernce\notices\ntm393.htm. In addition, hard copies of
the new bylaws for NYMEX Holdings, a "black-line" version of the bylaws for
NYMEX Inc. showing all actual changes to such bylaws, and the rule changes
for NYMEX Inc. can be obtained from Kelly Ann Neeson in the Legal
Department.  The Commerce Clearing House, which reprints the NYMEX rulebook,
also will distribute an update in the near future containing these by-laws
and rule changes.

If you have any questions concerning these rules, please contact Christopher
K. Bowen, Senior Vice President and General Counsel, at  (212) 299-2200 or
Robin Zablow, Associate General Counsel, at (212) 299-2212.

__________________________________________________
Please click on the link below to indicate you have received this
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the text between the quotes, open your internet browser,
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-----Original Message-----
From: Platter [mailto:platter.oregon@verizon.net]
Sent: Thursday, December 13, 2001 8:42 PM
To: lkapustka@oppd.com
Subject: Resume' - Phillip Platter - Enron Power Marketing

Dear Ms. Kapustka,

Last year I believe you had a conversation with my sister Molly Elvig about
any opportunities for me at OPPD.  I got in touch with Dave Dietz ( it may
have been Dave Ried) at that time and it was apparent then that there
weren't opportunities available. Since then, I have expanded on my
experience in the power industry with Enron in Portland, Oregon.

As you may know, Enron has filed for bankruptcy which has resulted in very
uncertain times for many Enron employees including myself.  While I am still
employed in Enron's trading operations and believe we will be back trading
as soon as we find a buyer, I have decided to seek other opportunities.

I believe my experience at Enron, especially in power trading and
scheduling, would provide me with a great foundation for success at OPPD.

The past 11 months I have been trading next day power in the California
market.  My primary responsibilities included making markets on EnronOnline
for off peak and odd-lot power.  My average daily trading volume for these
products ranged from 60 to 90 trades per day.  I also had responsibility for
managing the scheduling function which had been my main focus for the prior
3  years. Much of my time has been spent analyzing the market fundamentals
including plant outages, transmission constraints, gas prices, weather, and
Hydro flows.

Over the last 4 years in power marketing I have been involved in scheduling
all trading hubs in the WSCC, including extensive experience with the
California ISO. I also worked shifts in the real time group.  I also am a
C.P.A. with experience in budgeting and earnings analysis with Northern
Natural Gas Company, an Enron subsidiary.

I am primarily interested in opportunities you may have in energy marketing
and trading, but would consider other areas in your company. I have attached
my resume' for your review and want to inform you I will be in Nebraska from
December 26th thru January 3rd.  I realize the Holidays are a busy time, but
if you feel it may be beneficial to meet, I would gladly arrange to be
available. I can be reached at 503-624-7995 (home),503-464-3934(work), or
503-701-9736(cell). I have also sent this information to David Ried and Dave
Kulisek.

I look forward to hearing from you soon and I appreciate any assistance or
advice you may provide me.

Sincerely,

Phillip Platter


Attached please find applicable documents to be sent to KTBU TV 55 in respect
of a call option that they have agreed to sell to us.  Please do not hesitate
to contact Erik Simpson or me should you wish to discuss.


Dear Vince:

 I have now spent 16 hours on the valuation project and wanted to touch
base with you to make sure that the basic approach makes sense and that you
think we are making an appropriate amount of progress.  My invoice is
attached.

 By the way, John Martin just mentioned that you have agreed to be our
luncheon speaker at the Texas Finance Festival.  I really appreciate your
help on this and would like to schedule some time next week to talk about
it in more detail.

 I look forward to hearing from you.

regards,

Sheridan
 - Invoice for February and March 2001.doc

Sheridan Titman
Department of Finance
College of Business Administration
University of Texas
Austin, Texas 78712-1179

512-232-2787 (phone)
512-471-5073 (fax)

titman@mail.utexas.edu


We have received an executed Termination Agreement between Enron Canada Corp.
("ECC") and Gulf Canada Resources Limited ("Gulf Canada"), effective as of
January 1, 2001.  This Termination Agreement terminates the ISDA Master
Agreement dated as of October 13, 1995 between ECC and Crestar Energy Inc.
("Crestar").  Crestar was amalgamated into Gulf Canada effective as of
January 1, 2001, with the surviving entity being Gulf Canada.  Gulf Canada
has an ISDA Master Agreement with ECC, effective as of September 6, 1996.

Copies will be distributed.

Stephanie Panus


Alex,

It probably makes sense to wait a few months to see if you really like Dynegy.
We can meet for lunch anyway sometimes in the next few weeks. Please, call me at
713 853 3848.

Vince

 -----Original Message-----
From: 	"Alex Alaniz" <akalaniz@hotmail.com>@ENRON [mailto:IMCEANOTES-+22Alex+20Alaniz+22+20+3Cakalaniz+40hotmail+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Friday, August 03, 2001 10:48 AM
To:	Kaminski, Vince J
Subject:	research work

Hello Vince:

  We had spoken over the phone in late May, and setup an appointment to see
each other on 24 July 2001.  A few days later Yannis Tzamouranis called me
from Dynegy, and Dynegy moved very quickly to hire me.  I have a wife and a
kid, and I was a $25K/annum post-doc.  I simply couldn't wait.  From lunch
on 25 May, I was essentially hired by Yannis on 3 July.
  Yesterday I attended an INFORMS meeting with a presentor from Enron:
Chonawee Supatgiat, Research Group, Enron Corp.  I enjoyed his talk.  I am
enjoying Dynegy, but I'm learning that the possibilities of doing research
will be limited for a while to come, the weather group being so new to
Dynegy.  Ultimately, I'm interested in working both in the research and in
the business side.  Regarding looking for research work, I am now literally
in a much better position to consider my options - including Enron.

Alex

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp


Jerry,

I didn't receive the fax you referenced yesterday.  Please resend to me at
713 646 3491.

Kay


As discussed, should Congress upon its return after the Labor Day recess
appear ready to move H.R. 4941, Congressman Wynn's stand-alone reliability
legislation; a large group of stakeholders would sign and send the attached
letter.  Although Enron would like the letter to be stronger, this letter
went through many revisions to reach the consensus language necessary for a
larger group to sign.  Thus, while not a perfect letter, it would send a
stronger message with a multitude of signatures.

The status of the letter is that it is being "held in our back pocket" should
it become necessary.  Pre-approval has been given and it stands in an
"almost" final form.  Should you have any grave problems with the letter, let
me know, and I will see what's possible given the constraints posed by the
group.

On a separate but related note, we are working with Joe and Dan to prepare a
short white paper to detail the "technical problems" still remaining with the
Wynn legislative language and will communicate these problems, Enron's
opposition and lack of bill "consensus" to the Hill shortly (as soon as this
paper is ready.)  I believe ELCON, EPSA and CMA will continue to share our
opposition although confusion remains on the Hill as to the exact reasons for
our opposition given the numerous versions of the legislation circulating.
thanks.

 - 08_04_00_Draft_Stake_ltr_WJL.doc


you are correct sir!

scott