Looks like our exposure is less than $25,000.  Please call me.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/05/2001 10:54
AM ---------------------------

"Keffer, John" <JKeffer@KSLAW.com> on 04/05/2001 10:50:49 AM
To: "C. Kay Mann (E-mail)" <Kay.Mann@enron.com>
cc:

Subject: FW: Delta - HSR Issues

-----Original Message-----
From: Campbell, Carolyn
Sent: Wednesday, April 04, 2001 2:40 PM
To: 'kay.mann@enron.com'
Cc: Keffer, John
Subject: Delta - HSR Issues

Kay:

I just spoke with Bill Blumenthal (our HSR expert).  He and Paul Hastings'
HSR expert have traded voice mails exchanging information, but have not yet
spoken.  Bill says that Delta is apparently relying on the "ordinary course"
exemption, which may be fine if all the LLC wants to do is hold turbines for
re-sale.  If the LLC works on development of a power plant, the analysis
would be different.  In any event, Bill agrees that the only safe thing to
do is provide now for the possible requirement to file later.

Prior to speaking with Bill, I also spoke with Greg Lang.  He agrees that we
should provide now for the possible requirement to file later.  He again
asserted that since this is "Enron's structure," Enron should agree to bear
50% of any filing fee.

Steve Thome indicated earlier today that Enron may be willing to bear half
of the filing fee.  Under current regulations, the filing fee will be $45k
if, at the time the put/call is exercised, the assets have a fair market
value of $50-100 million, and the filing fee will be $125k if, at the time
the put/call is exercised, the assets of the LLC have a fair market value of
$100-500 million.

Please let me know whether to advise Greg that Enron will accept
responsibility for half the filing fee.  Thank you.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


Mark,

I have reviewed and revised the Broker Electronic Trading Agreement and Fee
Agreement drafts that you last sent to me and attached the revised drafts
with marked changes.? With a fresh eye, I have identified (and hopefully
eliminated) some confusion in the use of terms, as described in the attached
cover memo.?

Note that some of the highlighted material in these documents reflects your
original changes.? I made two rounds of changes, that should be set off in
different colors from yours, and from each other.

Please let me know if you have questions and comments and, when you get a
chance, the status of the overall effort.

Many thanks,

Bob

This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee or
agent responsible for delivery of this message to the intended recipient(s),
you are hereby notified that any dissemination, distribution or copying of
this e-mail message is strictly prohibited. If you have received this message
in error, please immediately notify the sender and delete this e-mail message
from your computer.

? ? ?

?
 - M Taylor Cover Memo.doc
 - BROKER ELECTRONIC TRANSACTION AGREEMENT 3.doc
 - BFA RFL comments.doc


FYI
---------------------- Forwarded by Kay Mann/Corp/Enron on 10/27/2000 08:09
AM ---------------------------

Karen E Jones@ECT
10/26/2000 05:30 PM
To: Kay Mann/Corp/Enron@ENRON
cc: Sheila Tweed/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT, Dale
Rasmussen/HOU/ECT@ECT

Subject: Re: WestLB

My adds to you list are (1) the "2-Train" contract for Pastoria (7FAs, HRSGs
& other ancillary equipment) and (2) the "1-Train" contract for Pastoria
(agreement in principle with final, full-blown contract nearing completion).
--  Regards,
Karen

To: Kathleen Clark/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Barton
Clark/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT, Scott
Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, David K
Bargainer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brian D
Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cheryl
Costa/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peggy Banczak/HOU/ECT@ECT, Karen E
Jones/HOU/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT,
davidlu@nepco.com
cc: Sheila Tweed/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@ENRON
Subject: WestLB

To all,

As you know, Enron is refinancing the equipment we bought through WestLB.
I've been asked to compile a list of all the equipment purchased through
WestLB, and the change orders related to same.  All I know about is the LM
deal with GE (with 1 executed change order, approximately 4 or 5 pending) and
the ABB transformer deal (with one CO pending).  Please let me know if you
are aware of any others.

Thanks,

Kay


CALENDAR ENTRY:	APPOINTMENT

Description:
	Team Leader Mtg. Conference room EB4102

Date:		2/20/2001
Time:		2:30 PM - 3:30 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
07/21/99 03:49 PM ---------------------------

David G Mally
07/12/99 12:30 PM
To: Bob Shults/HOU/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Mark - ECT Legal Taylor/HOU/ECT@ECT, Ted
Murphy/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Mary Solmonson/HOU/ECT@ECT,
Paul H Racicot/HOU/ECT@ECT, Andrew Thomas/HOU/ECT@ECT, Kevin
Sweeney/LON/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Jay Webb/HOU/ECT@ECT
cc: Louise Kitchen/LON/ECT@ECT, David Port/LON/ECT@ECT, Fernley
Dyson/LON/ECT@ECT
Subject: Online North America Expense Work Order

The work order number listed below has changed.  This number has been set up
in the project tracking database, and it is ready to accept charges.

 New W.O. #:  E234A1
 Company # 460

Please use your normal coding for account major, account sub, detail class.

Please add OEXP in the cost catalog description:  OEXP covers all expenses
except for payroll including meals, travel, and hotel (for your expense
reports).

This work order is being set up in the ATES payroll system.  It will be
available for this pay period.

I hope this change has not inconvenienced anyone.

Regards,

Dave

---------------------- Forwarded by David G Mally/HOU/ECT on 07/09/99 12:42
PM ---------------------------

	From:  David G Mally                           06/30/99 07:17 PM

To: Bob Shults/HOU/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Mark - ECT Legal Taylor/HOU/ECT@ECT, Ted
Murphy/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Mary Solmonson/HOU/ECT@ECT,
Paul H Racicot/HOU/ECT@ECT, Andrew Thomas/HOU/ECT@ECT, Kevin
Sweeney/LON/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Jay Webb/HOU/ECT@ECT
cc: Louise Kitchen/LON/ECT@ECT, David Port/LON/ECT@ECT, Fernley
Dyson/LON/ECT@ECT
Subject: Online North America Expense Work Order

The following work order has been set-up to track expenses related to the
on-line project.  Travel expenses, other expenses, timesheets need to be
coded to the appropriate cost category within this work order.

  Company # 460
  W.O. # E14911

Regards,
Dave


Francisco Pinto-Leite will be having lasik eye surgery tomorrow and will be
out of the office (Friday 4/27).

Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com


I am going to invite Denis and Lynne and the Sheas to watch football on
October 22 when you guys are all hopefully there too for John Kartozian's
birthday party.

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


Start Date: 12/13/01; HourAhead hour: 17;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001121317.txt


I'm O positive, and used to work with Bob.  I'm on the road until Thursday
afternoon, and give give blood on Friday.

Kay

---------------------- Forwarded by Kay Mann/Corp/Enron on 10/16/2000 02:48
PM ---------------------------

	From:  Kathleen Carnahan                           10/16/2000 02:44 PM

To: Kay Mann/Corp/Enron@Enron, Carlos
Sole/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Claudia
Santos/Corp/Enron@Enron, Wyndel McNamara/NA/Enron@ENRON, David K
Bargainer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shirley
Oliver/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Angie
Chappell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Looking for O+

---------------------- Forwarded by Kathleen Carnahan/NA/Enron on 10/16/2000
02:42 PM ---------------------------
From: Geneva Holland on 10/16/2000 02:34 PM
To: Denise Almoina/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ed B Hearn
III/HOU/ECT@ECT, Kathleen Carnahan/NA/Enron@Enron, Ann
Ballard/Corp/Enron@ENRON, Clement Abrams/Corp/Enron@ENRON, Dorothy
McCoppin/FGT/Enron@ENRON, Lauren Hagerty/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Martha Braddy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Matt
Maxwell/Corp/Enron@ENRON, Barbara Hankins/HOU/AZURIX@AZURIX, Robin Hill/Enron
Communications@Enron Communications, Teresa Callahan/Corp/Enron@Enron
cc:

Subject: Looking for O+

Please spread the word that we're looking for O+ blood donors -- See message
below.  The patient is a 23 year old college student who was diagnosed with
lukemia last December.  His father is a good friend and former Enron
employee.  Thanks very much.
Geneva

Geneva Holland
Corp Services - Corp Secretary Dept
EB4802

**************************************************
Michael has been in and out of the hospital the last 10 days with
fevers.  They're trying to figure out the cause, and no doubt will do
so.  In the meantime, he's in need of blood -- some 7-8 units over the
next couple weeks.  If any of you, your friends, spouses, co-workers,
etc., have some O+ blood in your system that you wouldn't mind donating,
I know Michael would welcome it.

Rather than rush down to MD Anderson to donate, please give me a call
first, and I can give you some of the specifics you'll need.

Thanks.

Bob

Robert A. Joyce
Kvaerner Process
7909 Parkwood Circle Drive


In regard to the market monitoring issue below, this effectively adopts NY's
circuit breaker proposal for mitigation.  FERC's approval leaves little hope
to overturn this in NY and makes it likely that similar measures will be
adopted in other markets.  This is not a good development.  It entrenches
regulatory manipulation and will serve to dampen volatility.

Tom

From: Sarah Novosel on 05/08/2001 10:04 AM EDT
To: Kevin M Presto/HOU/ECT@ECT, Mark Dana Davis/HOU/ECT@ECT, Jeff
Ader/HOU/EES@EES, Edward D Baughman/Enron@EnronXGate, Joe
Gordon/Enron@EnronXGate, Janelle Scheuer/Enron@EnronXGate, mbrown9@enron.com,
Mark Bernstein/HOU/EES@EES, John Llodra/Corp/Enron@ENRON, George
Wood/Corp/Enron@Enron, Paul J Broderick/HOU/ECT@ECT, Jason
Thompkins/Enron@EnronXGate, Mason Hamlin/HOU/ECT@ECT, Robert
Stalford/NA/Enron@Enron, Tom May/Corp/Enron@Enron, Gautam Gupta/HOU/ECT@ECT,
Narsimha Misra/NA/Enron@Enron, Steve Montovano/NA/Enron@Enron, Garrett
Tripp/TOR/ECT@ECT, Berney C Aucoin/HOU/ECT@ECT, Jason
Thompkins/Enron@EnronXGate, Rob Wheeler/Enron@EnronXGate, Jim
Meyn/NA/Enron@Enron, Aleck Dadson/TOR/ECT@ECT, Daniel
Allegretti/NA/Enron@Enron, Pearce W Hammond/HOU/EES@EES, Joe
Hartsoe/Corp/Enron@ENRON, Donna Fulton/Corp/Enron@ENRON, Howard
Fromer/NA/Enron@Enron, Kathleen Sullivan/NA/Enron@ENRON, Tom
Hoatson/NA/Enron@Enron, Thane Twiggs/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Sarah Novosel/Corp/Enron@ENRON, Christi L Nicolay/HOU/ECT@ECT, James D
Steffes/NA/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Richard
Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Charles
Decker/HOU/EES@EES
cc:

Subject: FERC Orders

The following are a few summaries of recent New England orders.  Please let
us know if you have any questions.

Sarah

FERC Approves NEPOOL's Three-Part Bids

On April 25, FERC approved NEPOOL,s proposal to implement a system where
generators can submit three-part supply offers consisting of a start-up
price, an hourly no-load price, and an incremental energy price.  NEPOOL also
proposed that when a supplier,s total revenues over a day from the energy and
operating reserves markets were less than its total bid costs, the shortfall
would be paid to the supplier as net commitment period compensation (NCPC)
uplift.  There was disagreement within NEPOOL as to who will pay these uplift
costs.

In approving NEPOOL,s three-part bid system, FERC finds that the system is
consistent with the policies in place in New York and PJM.  With regard to
NCPC uplift cost allocation, FERC finds that NEPOOL,s exiting method of
allocating NCPC uplift costs broadly, based on electrical load, is
appropriate since it is difficult to determine who causes what amount of
uplift costs.  The new three-part bid system will take effect July 1, 2001.

FERC Rejects Proposal to Disclose Bidding Information

In an April 13 FERC order of no overall interest to us, FERC includes a
discussion about the rules for disclosure of bidding and other data gathered
by the ISO.  Braintree had argued that FERC should require public disclosure
of bidding and other data in order to allow NEPOOL participants to monitor
the actions of others.  FERC rejected Braintree,s arguments, finding that
FERC,s rules strike an appropriate balance between the need to disclose as
much information as possible and the desire to avoid disclosure requirements
that will make it more difficult for the ISO to obtain information from
market participants in the first place.  FERC states that because data
collection is critical to the ISO,s ability to monitor the NEPOOL markets, it
does not want to take action that would impede the ISO,s ability to collect
this information.

Information Policy

NEPOOL submitted a March 5, 2001 request for revisions to NEPOOL,s
Information Policy, to be effective May 5, 2001, which permits FERC to obtain
NEPOOL Participant confidential information directly from ISO-NE.  On April
25, 2001, FERC issued an order approving the filing.  FERC stated that ISO-NE
should be able to turn over confidential information to FERC without first
being required to notify the affected member of receipt of a request for
information.  However, the Commission notes that the information given to
FERC will be treated confidentially by FERC until FERC rules otherwise, and
those Participants' whose information is given to FERC will retain the
opportunity to oppose release of that information to the general public
before FERC makes the information public.

Market Monitor Information Collection

ISO filed revised procedures intended to give ISO the authority to monitor
for generator physical and economic withholding as a way to raise prices.
Under the revised procedures, a reference price is calculated for each 10MW
block for each generating unit.  The specific reference price is an average
of in-merit bids over the last 30 days.  ISO will investigate all bids that
deviate significantly from the reference price.

Under the ISO's proposed procedures, prospective mitigation will occur if ISO
determines that the bid will have a significant effect on the relevant market
clearing price or uplift payment and the generator cannot adequately justify
why its bid is not anti-competitive.  If a bid is mitigated, ISO will
substitute the generator,s reference price as its default bid.  ISO will
implement these new mitigation measures on July 1.  ISO also proposed to
release bid data after a 3 months delay (FERC previously ordered ISO to
release bid data after a 6 month delay).

Many generators opposed the procedures; Braintree argued they do not go far
enough.  On April 26, FERC accepted ISO,s changes, finding that they do not
give ISO too much discretion and are consistent with NYISO mitigation
procedures.  FERC rejected ISO,s proposal to release data 3 months
after-the-fact and directed ISO to wait 6 months before release.


Southwest Airlines Click 'n SaveSM E-mail Update for
March 21, 2000
Please pass this great news on to your friends! To subscribe
to Southwest Airlines Click 'n Save E-mail Updates,
visit http://www.southwest.com/email/

Southwest Airlines Click 'n Save Internet Specials:
*****************************************************
Coast-to-Coast Internet Only Sale extended through
March 23, 2000.  For more details, visit:
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Check out our Weekly Click 'n Save Specials below.
  21-day advance purchase
  Travel April 11, 2000 through August 5, 2000
  Roundtrip purchase and overnight stay required
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Ticketless travel must be purchased online at
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is defined as a takeoff and a landing.

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Albuquerque
$56 each way to/from Dallas Love Field
$62 each way to/from Las Vegas
$40 each way to/from Midland/Odessa
$97 each way to/from San Francisco
$39 each way to/from Tucson

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$61 each way to/from Houston Bush Intercontinental
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$50 each way to/from Baltimore/Washington
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$66 each way to/from Manchester
$43 each way to/from Nashville
$50 each way to/from Raleigh-Durham
$36 each way to/from St. Louis

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$60 each way to/from Birmingham
$59 each way to/from Kansas City
$41 each way to/from Long Island (Islip)
$64 each way to/from Omaha
$45 each way to/from Raleigh-Durham
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$36 each way to/from Chicago Midway
$62 each way to/from Kansas City
$42 each way to/from Louisville
$54 each way to/from Nashville
$61 each way to/from Omaha
$61 each way to/from Tampa Bay

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$38 each way to/from Houston Hobby
$40 each way to/from San Antonio

Dallas Love Field
$56 each way to/from Albuquerque
$36 each way to/from Amarillo
$36 each way to/from Austin
$36 each way to/from Houston Bush Intercontinental
$36 each way to/from Houston Hobby
$36 each way to/from Lubbock
$36 each way to/from Midland/Odessa
$36 each way to/from Oklahoma City
$36 each way to/from Tulsa

Detroit
$54 each way to/from Baltimore/Washington
$36 each way to/from Chicago Midway
$40 each way to/from Indianapolis
$59 each way to/from Kansas City
$42 each way to/from Louisville
$54 each way to/from Nashville
$61 each way to/from Omaha
$42 each way to/from St. Louis

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$62 each way to/from Las Vegas
$40 each way to/from Midland/Odessa
$58 each way to/from San Antonio

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$34 each way to/from Orlando
$50 each way to/from Raleigh-Durham

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$38 each way to/from Houston Hobby

Hartford
$65 each way to/from Chicago Midway
$65 each way to/from Nashville
$48 each way to/from Raleigh-Durham

Houston Bush Intercontinental
$61 each way to/from Amarillo
$36 each way to/from Dallas Love Field
$48 each way to/from Lubbock
$52 each way to/from Midland/Odessa
$55 each way to/from Oklahoma City
$56 each way to/from Tulsa

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$61 each way to/from Amarillo
$36 each way to/from Austin
$62 each way to/from Birmingham
$38 each way to/from Corpus Christi
$36 each way to/from Dallas Love Field
$38 each way to/from Harlingen (South Padre Island)
$48 each way to/from Lubbock
$52 each way to/from Midland/Odessa
$55 each way to/from Oklahoma City
$56 each way to/from Tulsa

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$54 each way to/from Baltimore/Washington
$40 each way to/from Detroit
$44 each way to/from Kansas City
$48 each way to/from Little Rock
$36 each way to/from St. Louis

Jackson
$58 each way to/from Austin
$66 each way to/from Louisville
$49 each way to/from Orlando
$62 each way to/from Raleigh-Durham

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$64 each way to/from Baltimore/Washington
$66 each way to/from Long Island (Islip)
$50 each way to/from Nashville
$42 each way to/from New Orleans
$34 each way to/from Tampa Bay

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$40 each way to/from Chicago Midway
$59 each way to/from Cleveland
$62 each way to/from Columbus
$59 each way to/from Detroit
$44 each way to/from Indianapolis
$49 each way to/from Little Rock
$40 each way to/from Louisville
$88 each way to/from Manchester
$36 each way to/from Nashville
$36 each way to/from Oklahoma City
$34 each way to/from St. Louis
$36 each way to/from Tulsa

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$62 each way to/from Albuquerque
$62 each way to/from El Paso
$47 each way to/from Oakland
$61 each way to/from Portland
$36 each way to/from Reno/Lake Tahoe
$47 each way to/from Sacramento
$42 each way to/from San Jose

Little Rock
$59 each way to/from Austin
$48 each way to/from Indianapolis
$49 each way to/from Kansas City
$61 each way to/from Lubbock
$57 each way to/from Oklahoma City
$61 each way to/from San Antonio
$36 each way to/from St. Louis

Long Island (Islip)
$54 each way to/from Chicago Midway
$41 each way to/from Cleveland
$66 each way to/from Jacksonville
$54 each way to/from Louisville

Los Angeles
$36 each way to/from Oakland
$44 each way to/from Reno/Lake Tahoe
$36 each way to/from Sacramento
$36 each way to/from San Jose

Louisville
$36 each way to/from Baltimore/Washington
$34 each way to/from Birmingham
$42 each way to/from Columbus
$42 each way to/from Detroit
$66 each way to/from Jackson
$40 each way to/from Kansas City
$54 each way to/from Long Island (Islip)
$61 each way to/from New Orleans
$63 each way to/from Oklahoma City
$61 each way to/from Omaha
$45 each way to/from Raleigh-Durham
$61 each way to/from Tampa Bay

Lubbock
$36 each way to/from Dallas Love Field
$48 each way to/from Houston Bush Intercontinental
$48 each way to/from Houston Hobby
$61 each way to/from Little Rock
$57 each way to/from Oklahoma City

Manchester
$34 each way to/from Baltimore/Washington
$66 each way to/from Chicago Midway
$88 each way to/from Kansas City

Midland/Odessa
$40 each way to/from Albuquerque
$63 each way to/from Amarillo
$36 each way to/from Dallas Love Field
$40 each way to/from El Paso
$52 each way to/from Houston Bush Intercontinental
$52 each way to/from Houston Hobby
$57 each way to/from Oklahoma City
$57 each way to/from Tulsa

Nashville
$43 each way to/from Chicago Midway
$54 each way to/from Columbus
$54 each way to/from Detroit
$65 each way to/from Hartford
$50 each way to/from Jacksonville
$36 each way to/from Kansas City
$54 each way to/from Omaha
$57 each way to/from Orlando
$57 each way to/from Tampa Bay

New Orleans
$37 each way to/from Birmingham
$42 each way to/from Jacksonville
$61 each way to/from Louisville
$44 each way to/from Orlando
$62 each way to/from Raleigh-Durham
$63 each way to/from Tulsa

Oakland
$63 each way to/from Boise
$36 each way to/from Burbank
$47 each way to/from Las Vegas
$36 each way to/from Los Angeles
$44 each way to/from Portland
$34 each way to/from Reno/Lake Tahoe
$46 each way to/from Seattle
$53 each way to/from Spokane
$63 each way to/from Tucson

Oklahoma City
$51 each way to/from Austin
$36 each way to/from Dallas Love Field
$55 each way to/from Houston Bush Intercontinental
$55 each way to/from Houston Hobby
$36 each way to/from Kansas City
$57 each way to/from Little Rock
$63 each way to/from Louisville
$57 each way to/from Lubbock
$57 each way to/from Midland/Odessa

Omaha
$64 each way to/from Cleveland
$61 each way to/from Columbus
$61 each way to/from Detroit
$61 each way to/from Louisville
$54 each way to/from Nashville

Ontario
$34 each way to/from Phoenix
$49 each way to/from Salt Lake City
$40 each way to/from Tucson

Orlando
$61 each way to/from Baltimore/Washington
$34 each way to/from Ft. Lauderdale
$49 each way to/from Jackson
$57 each way to/from Nashville
$44 each way to/from New Orleans

Phoenix
$34 each way to/from Ontario
$61 each way to/from Sacramento
$34 each way to/from San Diego
$59 each way to/from San Francisco
$55 each way to/from San Jose

Portland
$61 each way to/from Las Vegas
$44 each way to/from Oakland
$42 each way to/from Reno/Lake Tahoe
$44 each way to/from Sacramento
$44 each way to/from San Jose

Providence
$34 each way to/from Baltimore/Washington

Raleigh-Durham
$50 each way to/from Chicago Midway
$45 each way to/from Cleveland
$50 each way to/from Ft. Lauderdale
$48 each way to/from Hartford
$62 each way to/from Jackson
$45 each way to/from Louisville
$62 each way to/from New Orleans
$41 each way to/from Tampa Bay

Reno/Lake Tahoe
$36 each way to/from Boise
$44 each way to/from Burbank
$36 each way to/from Las Vegas
$44 each way to/from Los Angeles
$34 each way to/from Oakland
$42 each way to/from Portland
$34 each way to/from San Jose
$46 each way to/from Seattle
$51 each way to/from Spokane
$57 each way to/from Tucson

Sacramento
$36 each way to/from Burbank
$47 each way to/from Las Vegas
$36 each way to/from Los Angeles
$61 each way to/from Phoenix
$44 each way to/from Portland
$48 each way to/from Salt Lake City
$40 each way to/from San Diego

Salt Lake City
$36 each way to/from Boise
$49 each way to/from Ontario
$48 each way to/from Sacramento
$55 each way to/from Seattle
$48 each way to/from Spokane

San Antonio
$62 each way to/from Amarillo
$40 each way to/from Corpus Christi
$58 each way to/from El Paso
$61 each way to/from Little Rock
$61 each way to/from Tulsa

San Diego
$34 each way to/from Phoenix
$40 each way to/from Sacramento
$40 each way to/from San Francisco
$40 each way to/from San Jose

San Francisco
$97 each way to/from Albuquerque
$59 each way to/from Phoenix
$40 each way to/from San Diego

San Jose
$36 each way to/from Burbank
$42 each way to/from Las Vegas
$36 each way to/from Los Angeles
$55 each way to/from Phoenix
$44 each way to/from Portland
$34 each way to/from Reno/Lake Tahoe
$40 each way to/from San Diego

Seattle
$46 each way to/from Oakland
$46 each way to/from Reno/Lake Tahoe
$55 each way to/from Salt Lake City

Spokane
$34 each way to/from Boise
$53 each way to/from Oakland
$51 each way to/from Reno/Lake Tahoe
$48 each way to/from Salt Lake City

St. Louis
$36 each way to/from Chicago Midway
$44 each way to/from Cleveland
$42 each way to/from Detroit
$36 each way to/from Indianapolis
$34 each way to/from Kansas City
$36 each way to/from Little Rock

Tampa Bay
$61 each way to/from Baltimore/Washington
$44 each way to/from Birmingham
$61 each way to/from Columbus
$34 each way to/from Jacksonville
$61 each way to/from Louisville
$57 each way to/from Nashville
$41 each way to/from Raleigh-Durham

Tucson
$39 each way to/from Albuquerque
$63 each way to/from Oakland
$40 each way to/from Ontario
$57 each way to/from Reno/Lake Tahoe

Tulsa
$36 each way to/from Dallas Love Field
$56 each way to/from Houston Bush Intercontinental
$56 each way to/from Houston Hobby
$36 each way to/from Kansas City
$57 each way to/from Midland/Odessa
$63 each way to/from New Orleans
$61 each way to/from San Antonio

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We sold the 1533 / day to Allegheny - deal 459226.  This is back on a month
to month basis.  We don't know if we are selling them gas for Dec yet.


?
Michelle M.  Sheehan
Lead Executive  Assistant
msheehan@adventis.com
ADVENTIS
617-421-9990 x-209
617-421-9994  fax
 - ENR111_Note to ken rice_0501.doc
 - Chess.gif


PLEASE TREAT THIS MESSAGE VERY CLOSE HOLD.  Please do not circulate.

Ed Gillespie called back before lunch to say that he had talked to Nick Calio, the Administration's top lobbyist.  The White House wants a stimulus package, but does not consider the idea a done deal.  It will only get done if it is truly bipartisan, meaning not just garnering Democratic votes, but having both Daschle and Gephardt on board.  That said, corporate AMT is definitely on the list.  Regular NOLs are not on the table.  I asked Ed G. whether the White House would be interested in a refundable AMT approach.  Ed G. said he would check, but was 90+ certain the idea would not fly with the Administration.  He will keep us posted.  Thanks.

Rick, has Ken been able to make any of his AMT calls?  At a meeting here this morning, the group decided that Ken should also call Secretary O'Neill.  Do you need a new call memo for that?


I'm going to change the sell to CES on Monday for now.  I will chat with my
CES counterpart this afternoon about how to treat this.

Joe A Casas
03/03/2000 09:26 AM
To: Steve Gillespie/Corp/Enron@ENRON, Chris Germany/HOU/ECT@ECT, Tricia
Bowen/HOU/ECT@ECT
cc:
Subject: Dayton P&L

Just rec'd a call from Kim Novsek  w/ changes for DPL.   From 1203 to 903 for
3/6, to 943 on 3/7, and to 863 on 3/8.

thanx


Julie,

 The numbers for January are below:

  Actual flows X gas daily spreads          $ 463,000
  Actual flow X Index spreads           $ 543,000
  Jan. value from original bid           $1,750,000
  Estimated cost to unwind hedges         ($1,000,000)

 Based on these numbers, I suggest we offer to pay at least $500,000 but no
more than $1,500,000.  I want your input on
 how to negotiate with El Paso.  Do we push actual value, seasonal shape, or
unwind costs?

Phillip


SGT Reyna,

Definitely a good idea -- and one that EBS has flirted with a couple of
times.  In early '99 the Network Development group sent me out to meet with
military facilities managers along our proposed fiber route from Houston to
Jacksonville.  I had a few good meetings, stocked up on cheap class six
liquor, and reported back some interest from the Navy.  Unfortunately there
was not much follow up from our sales folks (though it did begin our
relationship with NASA).

6 Months later a new vertical was set up at EBS to sell services to federal
agencies, including the DOD.  The group piggy-backed their efforts with Enron
Federal Solutions - the EES-esque vertical to outsource energy to military
bases.  However, because of much legislative and regulatory uncertainty (Bob
Frank can elaborate) the EBS tie-in never really took off with the EFS
business.

The upshot?  I think there is still a viable business there, especially if we
can demonstrate massive cost savings to the DOD through our trading
organization, but EBS has never fully engaged in a focused effort in this
area.  The only way I see EBS at this point doing any significant deals with
the DOD is if they create a better team - with federal government knowledge
and a handle on military-speak to pursue these deals, or if EBS "falls into"
opportunities through origination leads that come from our group  (much like
the U.S. Space Alliance-NASA leads) or through ENA/EES.   A good idea --
difficult to execute.

Thoughts anyone?

SPC Bolton

	Margo Reyna@ENRON
	11/30/00 08:41 AM

		 To: Sue Nord/NA/Enron@Enron, Scott Bolton/Enron Communications@Enron
Communications, Marchris Robinson/NA/Enron@Enron
		 cc:
		 Subject: Just an Idea

Although it is altogether different from the electric industry, is it
possible that EBS could realize significant commercial opportunities if it
were to look into providing broadband services to military bases?

Margo Reyna
Regulatory Analyst
Enron Corp., Government Affairs
Phone:  713-853-9191


---------------------- Forwarded by Dana Davis/HOU/ECT on 11/06/2000 09:37 AM
---------------------------

Rebecca Sanchez
11/03/2000 10:35 AM
To: Dana Davis/HOU/ECT@ECT, Rufino Doroteo/HOU/ECT@ECT, RUBI92770@aol.com @
ENRON, sanchezma@simplexnet.com, Stephanie Smith/HOU/ECT@ECT, Rachel A
Davis/HOU/ECT@ECT, Patricia Shannon/HOU/ECT@ECT
cc:
Subject: Fwd: WISDOM OF CHILDREN

---------------------- Forwarded by Rebecca Sanchez/HOU/ECT on 11/03/2000
09:32 AM ---------------------------

MyAngelADM@aol.com on 11/03/2000 09:39:24 AM
To: mmathews@modec-intl.com, harminoz@flash.net, Alpx2408@cs.com,
rebecca.sanchez@enron.com, jtorres@franchiseconceptsinc.com, chipt@pdq.net,
atw1@hotmail.com
cc:
Subject: Fwd: WISDOM OF CHILDREN

Return-path: <Dor7362@aol.com>
From: Dor7362@aol.com
Full-name: Dor7362
Message-ID: <94.b867ab1.27336d01@aol.com>
Date: Thu, 2 Nov 2000 20:21:05 EST
Subject: WISDOM OF CHILDREN
To: Junemcfhou@aol.com, HEAVENSF@LCC.NET, LLCORLEY@aol.com,
PAMMY1030@WEBTV.NET, Dor736@aol.com, srico9002@yahoo.com, SHEILAD@EV1.NET,
MyAngelADM@aol.com, taburciaga@mail.esc4.com
MIME-Version: 1.0
Content-Type: multipart/mixed; boundary="part2_c1.854e2f4.27336d01_boundary"
X-Mailer: Windows AOL sub 123


I have or can have, tickets for "Big Band" night at the LJ   Symphony.  This
Sat. night, at  7:00.  It is casual and they are having an ice cream social
as well.  I need to know before Wed. if you want to go.  I can probably get a
few more tickets as well.  Leave me a message.

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


---------------------- Forwarded by Marcos Cunha/SAO/WLB on 13/12/2000 19:44
---------------------------

Nicola Tingas
13/12/2000 17:32

Sent by:  Frederico Turolla

To:   Gerhard Klein/D/WLB@WLB
cc:    (bcc: Marcos Cunha/SAO/WLB)
Subject:  Brazil Daily Dec 14

(See attached file: bd001214.pdf)

 - bd001214.pdf


I got a tee time for 12:24 on Sunday.

Chris


Here's an attempt at being frank about the legislation without jeopardizing
our relationships or commercial prospects.

Overall, we respect the effort, but California failed to get the ball over
the goal line:

On Siting
Intentionally or not, California has designed power plant siting laws that
make it excruciatingly difficult to construct power plants in the state.
Folks seem to have lost sight of the need to balance growth and environmental
quality in California.
That's why nothing's been built in the state for a decade and developers are
going outside the state to build power plants.
Tinkering around the edges won't help; and (with all due respect) the
legislation passed yesterday tinkers.
Real reform is required if California hopes to build the supply necessary to
keep pace with Silicon Valley and a high tech culture and tame the price
spikes.
If developers continue to have to navigate through a maze of a half a
dozen--or more--state and local agencies, California's supply problems will
continue, or worsen.
California needs real, one-stop shopping and it needs it now.

On the retail price cap
They don't work (we've already developed all the arguments, so I won't repeat
them hear)
The press has already reported that the measure the Legislature passed simply
puts off the day of reckoning.
It's like using your credit card--eventually they're going to knock on your
door to collect.
Now, families and businesses will have a hard time managing their budgets
because they can't gauge the size of the balloon payment they'll face a
couple of years down the road.
So San Diegans who continue to take service from SDG&E will pay the same
amount, but the cap will remove the powerful incentive prices create to use
electricity wisely.
There's a better answer:
Instead of urging consumers not to switch, encourage customers to sign with
another retail provider.
Clearly, the biggest mistake California made was The press and decision
makers should spend more time talking to folks who signed fixed price deals
with companies like Enron.  But for the press reports, they hardly know
there's a crisis.


Whats up dude?  Sorry I didnt respond to your previous email, I was really
busy at work that day and didnt have the time to mail you back.  I am doing
okay,  the job is going really good.  Whats up with you.  Things must not be
going too well if you have to live with that asshole McGraw huh?  Tell him I
said that too.  Anyway, lets grab a beer sometime in the near future.  Do you
have a job or a you just lounging around the house all day spanking your
monkey?


No--that ought to do it.  DF

	From:  Kim Wilkie                           08/04/2000 11:16 AM

To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Binders

Aside from the following, can you think of anyone else down here (or up
there) who would like to add a lovely Conoco binder to their collection??

Soldano
Benson
Storie
Huber
Mangels??
Burleson??


Start Date: 4/29/01; HourAhead hour: 7;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042907.txt


Eliz -- I need your group to put together a search which captures the
comments of PG&E and Edison officials in trade press, anlyst reports, and
speeches which would be inconsistent with the idea that they can now recover
their shortfall.  In other words, when they were trying to get AB 1890
passed, when they were fighting Proposition 9, when they floated their "rate
reduction bonds" and when they talked to analysts and rating agencies I'm
sure they assumed that they would live under the rate freeze and take the
risk of stranded cost recovery whithin the statutory deadline.

----- Forwarded by Steven J Kean/NA/Enron on 09/27/2000 11:45 AM -----

	"Dick S George" <dsgeorge@firstworld.net>
	09/27/2000 08:04 AM

		 To: "Dick George" <dsgeorge@firstworld.net>
		 cc:
		 Subject: WSJ: PG&E's Huge losses...

CC list suppressed...
September 27, 2000
California Utilities' LossesOn Electricity Pose Risk

By REBECCA SMITH

Staff Reporter of THE WALL STREET JOURNAL

California's two biggest utilities are losing so much
money buying electricity in the state's deregulated
market that they have run up deficits equivalent to half
their net worth in just four months.

If the cost of wholesale power continues to exceed the
price these utilities are allowed to bill their
customers, as currently seems likely, they could become
technically insolvent sometime next year. That would put
pressure on regulators to orchestrate a
multibillion-dollar public bailout, similar to the "too
big to fail'' response that in the past pushed
governments to rescue banks.

Such a scenario is quietly being discussed by bond-rating
concerns that recently reduced their credit outlooks for
Pacific Gas & Electric Co., a unit of San Francisco-based
PG&E Corp., and Southern California Edison, a unit of
Edison International of Rosemead, Calif. Bond- rating
concerns say they aren't sure how much additional debt
can be borne by the two affected utilities before they
will have difficulty paying their bills.

Probe of California Power Prices Begins, but New Plants
Aren't Seen as Solution (Sept. 11)

Los Angeles Utility Is Benefitting, Surprisingly, From
Deregulation (Sept. 6)

California Lawmakers Vote to Limit Electricity Costs
(Sept. 1)
"If this is just a seasonal aberration, the utilities can
get through it," says Lori Woodland, analyst for Fitch
IBCA. "If it goes on for six or nine months, it's a very
serious situation." Adds A.J. Sabatelle, senior credit
officer at Moody's Investors Service Inc.: "At some
point, you have a financial crisis."

The utilities say they are having no difficulty meeting
expenses and don't envision problems in servicing their
debts. But they are vigorously lobbying state and federal
regulators to change the rules of the game, hoping
somehow to raise rates to make up for the shortfall. The
California utilities' experience may be a harbinger of
what could happen in other states where wholesale power
prices have surpassed the amount that utilities are
allowed to charge their ratepayers.

For now, utilities are making ends meet by going to the
financial markets to borrow money. PG&E, a giant utility
that serves one out of every 20 Americans, is seeking
approval to increase its debt capacity by $1.4 billion.
It is borrowing $200 million, while Edison is tapping
$250 million from the commercial paper market. "This is
going to be a long, tough road," says Jim Scilacci, chief
financial officer for Southern California Edison.

Today's situation represents a complete turnabout from
what was expected when California deregulated its energy
market on March 31, 1998, which opened electricity
pricing to competition. California tried to give its
utilities a competitive edge nationally by deregulating
faster than other states and by creating a mechanism to
allow investor-owned utilities, such as PG&E and Edison,
to quickly pay down debts incurred to serve customers
under the old regulatory system.

To do this, the state legislature set retail rates at
high levels, which, at first, generated fat surpluses for
the utilities. As the money piled up, utilities used it
to pay down debts for generation facilities that were
otherwise unprofitable in the new deregulated world. By
the end of this June, PG&E and Edison together had
collected more than $12 billion and were on track to
finish paying down debts well ahead of the March 31,
2002, deadline set by the legislature. At that point,
rate freezes were to end and retail prices were to
fluctuate with the market.

But all that went out the window in June, when wholesale
power prices surged, topping the rates the utilities were
allowed to charge retail customers. Average prices at
state-sanctioned energy markets were four to five times
the prices of a year earlier, and three to four times the
level utilities could charge customers.

The accumulated shortfall has been so enormous at PG&E,
that analysts expect its deficit to exceed $3 billion by
Oct. 31, more than half its shareholder equity of $5.7
billion, which is defined as assets minus liabilities.
Southern California Edison finished August with a deficit
of $2 billion, equivalent to almost two-thirds its net
worth of $3.2 billion. The utilities, though they have
been accumulating deficits, aren't required to report
these as losses on their earnings statements.

That leaves utilities in a bind. They want to end the
rate freeze to be able to pass on the real cost of
electricity to consumers. But should the freeze end
before the statutory deadline of 2002, they get
clobbered. That is because they will immediately have to
book a loss on their power-purchase deficits. What's
more, they can't use the proceeds from planned
power-plant sales to cover those losses; instead, should
the freeze end, they will be obliged to refund some of
the proceeds to ratepayers. In PG&E's case, the refunds
could total $500 million, while in Edison's case, the
amount is $254 million.

Publicly at least, utility executives insist a mechanism
will be found to let them recoup the money spent on
electricity.

Consumer advocates are gearing up for the fight. Nettie
Hoge, executive director for San Francisco consumer group
Utility Reform Network, says ratepayers shouldn't end up
footing the bill for a deal cut by utilities that
benefited them before prices shot up.

Utility executives are now distancing themselves from the
legislation that got them into such a mess, which was
drafted with their assistance. PG&E Chairman Robert Glynn
says it is best not to "overanalyze" the "old deal."
Instead, he says, regulators and legislators should sit
down with utilities and construct a new agreement, since
"it's in the broad interests of the state not to have
critical energy infrastructure look like a leper."

Mr. Glynn says the current deal offers "mutually assured
destruction" to both utilities and ratepayers. Something
must be done, he says, or consumers throughout most of
the state will experience "a San Diego-style rate shock."
The utility serving that city, San Diego Gas & Electric
Co., ended its freeze a year ago and began passing
wholesale power costs directly through to ratepayers.
Legislators intervened this summer, however, and
temporarily capped retail rates when monthly power bills
nearly tripled. The utility, a unit of Sempra Energy, is
also accumulating a deficit as a result.

So long as banks and bond markets believe the utilities
will be repaid, they will be able to borrow, analysts
say. "Until we hear politicians of consequence state
otherwise, our position is that we believe the utilities
will be made whole," says Richard Cortright, a director
at Standard & Poor's corporate ratings group.

But that opinion could change if it looks like the
utilities will have to swallow a big loss. The result:
lower credit ratings that would raise borrowing costs and
could trigger a downward spiral. "You're talking about
top-rated companies, though," said Ms. Woodland of Fitch
IBCA. "To get to insolvency, a lot would have to happen."

In the meantime, utilities are doing all they can to
control the hemorrhaging. They have gotten authority from
regulators to buy more power under long-term contracts at
fixed prices, reducing their vulnerability to spot-market
volatility. And they have petitioned federal regulators
to declare California's market so badly flawed that
generators should be denied market pricing and, even,
ordered to pay refunds.

Nevertheless, several forces are working against them.
Although they can sign bilateral contracts, prices remain
high for those as well. What's more, they can't buy less
power than their customers need. If they don't buy
enough, the California Independent System Operator, the
organization responsible for reliability, will step in
and make purchases for them and send them the bill.

Perhaps the biggest problem facing PG&E and Edison,
though, is one of timing. The California legislature is
out of session until December, and regulators haven't
even really started to address the issue formally. In the
meantime, the utilities' deficit is growing by tens of
millions of dollars daily.

Write to Rebecca Smith at rebecca.smith@wsj.com


Copyright , The Sacramento Bee

Dan Walters: A power crisis imperils Davis
(Published Nov. 26, 2000)
Gov. Gray Davis would appear to be living a charmed political life.
California's economy is soaring, the state's tax coffers -- and Davis' own
re-election treasury -- are bulging, voters are in a complacent mood, and
there have been none of the devastating disasters that plagued the state
during the early 1990s.
There is, however, a very dark cloud casting a shadow over Davis'
governorship: the prospect of rolling blackouts as demand for electric power
exceeds supply, accompanied by tremendous increases in Californians' power
bills. And how Davis handles this incipient crisis could be the hallmark of
his first term -- and, potentially, a re-election issue in 2002.
San Diego utility customers were hit hard last summer as their local utility
emerged from the mandatory rate freeze imposed by the state's 1996 utility
deregulation scheme. Davis and the Legislature responded, in effect, by
buying some time. They enacted legislation rolling back power bills
temporarily, but leaving it unclear whether ratepayers, taxpayers, San Diego
Gas and Electric Co. or power suppliers would eventually eat the wholesale
costs that led to the spikes.
Clearly, Davis was hoping that the Federal Energy Regulatory Commission
(FERC) would step in and force the suppliers to refund hundreds of millions
of dollars to SDG&E and its ratepayers. And that, Davis and other politicians
hoped, would also forestall a similar, but much larger crisis looming for
customers of Southern California Edison and Pacific Gas and Electric Co., the
state's two largest private utilities. The two are still operating under the
rate freeze, but have acquired at least $5 billion in unanticipated wholesale
power costs that they want to pass on to their ratepayers.
Politically, FERC intervention would be the most palatable of the
alternatives because it would place the financial onus on mostly out-of-state
corporations that have little political standing. California politicians have
been demonizing the power suppliers, saying they took advantage of the
deregulation program's auction process to drive up costs far beyond reason.
The problem for Davis and others is that FERC is not cooperating, pointedly
refusing to intervene in a way that the governor wanted. Davis ripped into
the FERC response during a hearing earlier this month, accusing it of
"gutting (California's) ability to protect consumers" and proposing "new and
completely untried market rules, making guinea pigs of California consumers
in yet another reckless deregulation experiment."
Davis wants to appoint himself as the California utility customer's best
friend, hinting that he may lead a "ratepayer revolt" if FERC continues to
refuse to order refunds from suppliers and new price controls. But it's
unclear what he can do concretely, since he's on record as approving the
overall thrust of deregulation and since many of the business interests he
has cultivated to obtain his re-election funds have benefited from having
power suppliers compete for their business.
Doing nothing could mean that when Southern California Edison and PG&E emerge
from the rate freeze, they will raise rates dramatically, just as Davis is
seeking re-election in 2002.
The utilities seem to be offering Davis a deal: allow them to begin raising
rates now to recover their "stranded costs" for wholesale power and they will
avoid sticker-shock raises in 2002.
Another option would be for Davis to spend some of the state's billions of
surplus dollars to either ease the impact on ratepayers or put the state into
the power supply business itself.
The only certainty is that unless FERC reverses itself, Davis will remain on
the hook for whatever happens -- the sort of unpredictable situation that he
hates to encounter.
DAN WALTERS' column appears daily except Saturday. Mail: P.O. Box 15779,
Sacramento, 95852; phone: (916) 321-1195; fax: (916) 444-7838; e-mail:
dwalters@sacbee.com


I will try and get a response from my customer today, also is there interest downstairs for UCAP in PJM from May-Dec02?  Nick

 -----Original Message-----
From: 	Ring, Richard
Sent:	Wednesday, September 26, 2001 10:20 AM
To:	Politis, Nick
Cc:	Misra, Narsimha
Subject:	RE: Unforced capacity credits

Nick,

I spoke to Narshima about this deal.  EESI would be bid at $46.00/MWD for Unforced Capacity Credits for Cal02.  Are you asking if we would have a bid for the energy as well?  If so, I would need to know the specific location for this generator (i.e. what point does this energy enter the PJM system).

Regards,

Richard

 -----Original Message-----
From: 	Politis, Nick
Sent:	Wednesday, September 26, 2001 9:40 AM
To:	Ring, Richard
Subject:	Unforced capacity credits

Richard,

Did Narsimha have a bid for 20 MW of Unforced Capacity Credits in PJM for Cal02?  My customer would like to sell this as well as energy.  I need to show him a price this morning.  Nick


FYI.  Info on Gov Davis meeting with Wall Street.

Jim

----- Forwarded by James D Steffes/NA/Enron on 03/01/2001 01:17 PM -----

	Michael Tribolet/ENRON@enronXgate
	03/01/2001 11:30 AM

		 To: Rick Buy/ENRON@enronXgate, James D Steffes/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Vicki Sharp/HOU/EES@EES,
Don Black/HOU/EES@EES, Travis McCullough/HOU/ECT@ECT,
jklauber@llgm.com@SMTP@enronXgate
		 cc:
		 Subject: FW: PCG, EIX: Governor Davis Updates Wall Street

This is one of the better overviews of all the issues from CSFB.

.

 - ppp030101.pdf


The currency P&L is missing from the preliminary again.  We shouldn't post P&L to the executive management reports with missing components.

 -----Original Message-----
From: 	Rogers, Glenn
Sent:	Tuesday, October 09, 2001 8:10 PM
To:	Zufferli, John; Richey, Cooper; Greenizan, Bill
Cc:	Reeves, Kathy
Subject:	P&L for Oct 9

Please find attached the file containing the P&L for Oct 9.

 << File: pwrdpr.xls >>


Hi, Mr. Kaminski:

How are you?

I am back to school for the new semester now. I am in contact with Molly
Magee for my travlling schedule to Enron.

I got from GARP that you chaired a seeesion on Energy Risk at the New York
Conference last week. If it is not too much trouble, could you please send a
copy of your presentation to me? I appreciate it.

See you soon!

Frank


Stewart:

I spoke with Rawleigh White (Tribal CFO) and the Tribe's outside counsel the
other day.  Pending receipt of Tracy's credit worksheet, I'll send the
Tribe/lawyers a "sample ISDA without credit" which is not specific to the
Tribe.  The lawyers will begin to determine if the Tribe is an "eligible
contract participant" for purposes of the Commodity Exchange Act.

Rawleigh wants to know if Enron is interested in helping the Tribe finance
the purchase of the two dams.  Can you please address for West Origination
and respond to Raleigh?

Thanks.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


maybe we could negotiate for paper/toaster in lieu of coffee & donuts?????

 -----Original Message-----
From: 	Kuehl, Toby
Sent:	Wednesday, January 09, 2002 1:43 PM
To:	Green, Alma; Matheson, Maggie; Carter, Zuela; Clapper, Karen; Bastida, Nancy; Eldridge, Dale; Laferla, Lynda ; Collins, Marion; Howard, Jack; Hanagriff, Richard; Draemer, Mary ; Trevino, Linda; Studebaker, James ; Rivers, Cynthia; Mulligan, Amy; Kowalke, Terry; Schoolcraft, Darrell; Salinas, Marian; Kovalcik, Tammy; Lokey, Teb; Buehler, Craig; Betancourt, Ramona
Subject:	RE: Paper Situation

We are willing to sit at the table and negotiate.  SADIST has pushed us to the brink!  We have infiltrated the SADIST camp and know are in possession of a toaster, AND blender.  We have joined sides with EPLF to demand that our paper supply stays in high demand.  If our demands are not met by the end of today, we will be forced to sign over all our Enron stock options to your organization.  This will cause your organization to implode!!

CCA (Crumb Crunchers of America)

 -----Original Message-----
From: 	Lokey, Teb
Sent:	Wednesday, January 09, 2002 11:21 AM
To:	Buehler, Craig
Cc:	Green, Alma; Studebaker, James ; Carpenter, Nancy; Giambrone, Laura; Veatch, Stephen; Kilmer III, Robert; Lichtenwalter, Blair; Thompson, Debra; Doll, Jeanette; Paschal, Zelda; Culwell, Christi; Allen, Kelly; Dietz, Rick
Subject:	Toaster

We will never negotiate with toaster terrorists!  We will eat raw bread forever rather than turn over a single sheet of paper - or even a single chad - to those who would resort to such extortion.  If we give in now, we will only encourage such acts in the future.  First our microwaves, then our filtered water dispenser, then our refrigerators will become targets of these evil doers.  Rather, we will hunt down those responsible for this dastardly act, and bring them to justice or justice to them.  We will also go after any department supporting the evil doers as well as anyone who partakes of bread (or Eggos or pop tarts) toasted in the purloined appliance!

EPLF -- you're TOAST!!!!!

-----Original Message-----
From: EPLF
Subject: FW: Paper Situation

We have your toaster!!!  You'll get it back when our demands are met.
Leave 4 boxes of 8 1/2 x 11 paper (no damn 3 hole punch paper either)
under the TV on the west end of the 39th floor and you'll be toasting
away within a few hours.  This isn't from Craig; we've hacked into his
email...

Enron People's Liberation Front (EPLF)...

-----Original Message-----
From: Green, Alma

Getting paper for the floor is out of my hands.  I have had three calls this morning plus a note left on my desk to order paper.
Donna Scott is working with the mail room.

Our toaster that Rick Dietz bought when we moved down here is missing this A.M.  Has been reported to Facilities who will report to Security.  If anyone knows anything, would you please let me know!

	Tnx, Alma G.


Thanx

Chris

-----Original Message-----
From: Imai, Rika
Sent: Fri 9/14/2001 3:43 PM
To: Dorland, Chris
Cc:
Subject: RE Outage E-mails

Chris,

Still working on trying to get you off the Outage E-mails .

It usually takes them a week to remove  you from the mailing list

Rika


yes


Platts Energy Bulletin

Welcome to Platts Energy Bulletin, a showcase of the top headlines posted on
platts.com (http://www.platts.com) over the past 24 hours. To view this file in
html, open the attachment at the bottom of this email.

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be found at the bottom of each issue. We welcome your feedback - send your
comments to feedback@platts.com

Jan 23, 2002

What's New on platts.com?
Platts Enron Report: Read about the implications of Enron's bankruptcy on the
financial and energy communities.
(http://www.platts.com/features/enron/index.shtml)

S&P: US Utilities' Credit Quality Displayed Steep Decline in 2001: The US power
industry began 2001 under the dark cloud of the near-total credit collapse of
California's two largest electric utilities, and ended with the bankruptcy of
Enron Corp, the largest such filing in US history.
(http://www.platts.com/risk_management/sandp/analysis.shtml)

Futures Round-up
NYMEX: Crude to open higher on short covering
NYMEX March crude oil is called to open 26 cts higher at $19.24/bbl Wednesday.
March Brent is called to open 26 cts
higher at $19.00/bbl. February heating oil is called to open 59 pts higher at
52.00 cts/gal, and February unleaded gasoline is called to open 71 pts higher at
55.50 cts/gal.

IPE Brent Focus: IPE Brent crude firms ahead of API stats release
Front-month March stood at $19.08/bbl at 1039 GMT, up 33 cts from Tuesday's
settlement having begun trading at $18.86/bbl, the low of the day so far. April
showed similar gains.

News Round-up
Click on the headlines below or paste the URLs provided in your internet browser
to see the full story.

ADVERTISEMENT:
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Energy Jobs Network, the Jobs Board gives you access to a pool of job seekers
and open positions across the energy industry. It's free for all job seekers,
and there is a range of packages for employers posting jobs.
(http://www.energyjobsnetwork.com/home.asp?code=platts)

OIL:
UK's BG makes revised offer for Enron India E+P assets
UK's BG Group Wednesday announced a revised agreement to buy Enron Oil & Gas
India Limited for $350-mil, 10% less than the $388-mil price tag attached to its
first bid for the company in October last year.
(http://www.platts.com/archives.shtml#58026)

NATURAL GAS:
US senator favors federal role in developing Alaska pipe
Unveiling his Democratic alternative to the Bush energy plan, US Senator John
Kerry (Democrat-Massachusetts) Tuesday said the federal government must play a
role to help develop a pipe to bring gas from Alaska to the lower-48 states.
(http://www.platts.com/archives.shtml#58008)

PETROCHEMICALS:
Texas MTBE plant owner EOTT sees share price plunge
Shares of EOTT Energy Partners LP plunged Tuesday after the company, whose
general partner is an Enron subsidiary that owns more than a third of the
company's stock, Monday issued disappointing Q4 2001 results.
(http://www.platts.com/archives.shtml#58013)

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search, compare and find the products and services you need. Click to add your
listing. (http://www.mediabrains.com/client/platts/bg1/search.asp)

ELECTRIC POWER:
French ministers favor faster power market opening
Senior French government ministers favor a faster opening of the French power
market, Industry Secretary Christian Pierret said Jan 22.
(http://www.platts.com/archives.shtml#58030)

NUCLEAR:
ITC sides with USEC in LEU trade case
The US ITC handed USEC a victory Jan 22, affirming duties on low-enriched
uranium (LEU) exported to the US by USEC Inc's rival enrichers, Eurodif-Cogema
of France and the British-Dutch-German consortium Urenco.
(http://www.platts.com/archives.shtml#58007)

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 - 230102.html


Lynn, are you going to be able to attend the meeting? I also just received my Blackberry cooool.     JWB
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


from Portland - Peggy Fowler & Paul Kaufman (Dolores x57717)


I've made a list of issues Heather and I have discussed based on VEPCO's
suggested revisions.  Some of the issues are commercial, some legal, some
just reminders.  Comments are appreciated.

1. Term.  What will we accept?

2. Availability:  single computation despite source of power (market or
facility). Is forced outage the correct concept since we want to have some
discretion, and LD structure should apply even if power coming from the
market?  Note VEPCO,s insertion of a new event of default under 7.1 for
failure to deliver energy when the Facility is not in a forced outage.
Liquidated damages language still ok?  LD,s should apply regardless of
scheduled source of power ) no cost of cover for market power.

3. Our position is that Contract Capacity set at contract signing, then
adjusted (if necessary) based on performance tests, not subject to adjustment
after that time: ditto for the demand charge.  What is the right number for
the Capacity?  Is there a benefit to Enron to have a correction curve exhibit?

4. Failure to complete facility suggested as a termination event.  Is
September long enough?

5. We need to be able to supply from either or both sources (market and
facility) during a day, but this doesn,t give us right to change during the
day after the schedule is set.

6. Note the Start Up definition (as suggested by VEPCO) and how it is
applied.  Reject 50% requirement at this point, subject to their explanation.

7. Note: construction of the facility now required (2.3).

8. Define commercial operation.

9. Confirm that Enron has sufficient protection from interconnection
failures/delays.

10. Day ahead scheduling (3.4)  Are we ready to commit?

11. Number of start ups. (2.3 e)

12. Force majeure ) consistency with interconnection agreement, relief for
certain equipment failures.  Is concept logically developed throughout the
document?  Note distinction between market and facility power in force
majeure language.

13. Dispute resolution:  arbitration vs. litigation/venue. Virginia law?

14. Change in law.  Counter with CIL as termination event?

15. Exhibit A ) Heather is working on this.

Kay


I think the presentation looks good.  In the meeting itself I think you
should go heavy on the argument that it makes no sense for Sempra
shareholders to be in a commodity market as a regulated entity -- the "heads
they win tails you lose" argument.

	Jeff Dasovich
	Sent by: Jeff Dasovich
	10/13/2000 06:11 PM

		 To: skean@enron.com, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Sandra McCubbin/SFO/EES@EES, Mona L
Petrochko/SFO/EES@EES, Susan J Mara/SFO/EES@EES, Paul Kaufman/PDX/ECT@ECT
		 cc:
		 Subject: DRAFT Slides for Sempra Meeting

Attached for your review is a rough cut at slides we're preparing for the
meeting with Sempra next Thursday.  Thoughts and comments are appreciated.
Please disregard korny title.


Joe Hunter has asked me to draft a form of confirmation reply letter that we
could send to our counterparties in lieu of signing their confirmations.
This form of letter with the appropriate chnages could also be used by those
counterparties that we confirm.  Please let me know if you have any comments
on this form or any concerns about implementing this process.  Thanks.
Carol


>  Check this picture out.
>  Pretty eerie.
>
>
>  This picture was taken by a tourist atop the World Trade Center. His
>  camera was found in the rubble, he has not yet been found.  But his
>  picture will be etched in my mind forever.
>
>
>
>
>
>  <<ATT00516.jpg>>


----- Forwarded by Mark Taylor/HOU/ECT on 06/08/2000 01:41 PM -----

	Moazzam Khoja@ENRON
	05/24/2000 04:37 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: failure to pay contract

Mark,

Could yu browze thru the attached term sheet and let me know whether it can
be modified in ways that address our issues.

regards
Moazzam


Glad to hear things are going well.  talk to you later,.


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 09/19/2000
04:35 PM ---------------------------

"George Richards" <cbpres@austin.rr.com> on 09/08/2000 05:21:49 AM
Please respond to <cbpres@austin.rr.com>
To: "Phillip Allen" <pallen@enron.com>
cc: "Larry Lewter" <retwell@mail.sanmarcos.net>
Subject: Westgate Proforma-Phillip Allen.xls

Enclosed is the preliminary proforma for the Westgate property is Austin
that we told you about.  As you can tell from the proforma this project
should produce a truly exceptional return of over 40% per year over 3 years.
This is especially attractive when the project is in a market as strong as
Austin and we are introducing new product that in a very low price range for
this market.  This is the best project in terms of risk and reward that we
have uncovered to date in the Austin market.
The project does have approved zoning and will only require a site plan.  As
it is in the "Smart Growth Corridor" area designated by the City of Austin
for preferred development, this will be fast tracked and should be complete
in less than 6 months.  Additionally, many of the current and more severe
water treatment ordinances have been waived.  I have estimated the lot
improvement costs based on a 28 lot development we investigated in North
Austin, which included a detention/retention and filtration pond and street
widening.  Even though this property is not likely to require street
widening and will have less of a detention/retention and filtration pond
requirement, I used this data to be cautious.
 The Lone Star gas line easement in the lower portion of the property is not
expected to impact sales significantly.  Other projects have been quite
successful with identical relationships to this pipeline, such as the
adjoining single family residential and a project at St. Edwards University.
As with most infill projects, the quality of the surrounding neighborhoods
is uneven.  We have included a fence around the entire property, but may
only put it on Westgate and Cameron Loop.  Gated communities are far
preferred so this is a good idea for both screening and current buyer
preferences.
The seller accepted our offer Thursday evening with a price of $680,000 and
an extended escrow.  This will enable us to probably obtain an approved site
plan before closing on the contract, which will mean that we can close into
an A&D Loan rather than into a land loan and then an improvement loan.
This analysis shows your investment at $700,000 for a 50% interest in the
profits of the project.  As we discussed in San Marcos, we can also discuss
having you invest only in the lots, sell the lots to the construction entity
with your profit in the lot.  I believe this would facilitate the use of a
1031 Exchange of the proceeds from this deal into another project that is a
rental deal or at least into the land for a rental project that would then
be the equity for that project.  You would need to discuss this with an
exchange expert first.  Larry Lewter knows an expert in the field in San
Antonio if you do not know anyone.
I will send you a package on the property that was prepared by the broker,
by Airborne Express today for Saturday delivery.
Once you have read the package and reviewed this proforma, we would want to
schedule a tour of the site and the area.  Please get back to me as soon as
your schedule permits regarding the site visit and feel free to call at any
time.  You can reach me over the weekend and in the evening at either
512-338-1119 or 512-338-1110.  My cell phone is 512-748-7495 and the fax is
512-338-1103.   I look forward to hearing from you and to working with you
on this project that is sure to be a major winner.
I regret that it took so long to get back to you, but we had some unusual
events these past few weeks.  A small freakish wind storm with severe 60+mpg
downdrafts hit the South part of Austin where we are building 10 town homes.
One of these units had just had the roof decked with the siding scheduled to
start the next day.  The severe downdraft hitting the decked roof was enough
to knock it down.  The City shut down the project for a week and it took
another week to get every thing back on tract.  Then last week I had to take
my wife  to emergency.  She has a bulge in the material between the vertebra
in her spine and it causes her extreme pain and has kept her bedridden this
past week..  There is nothing like having your wife incapacitated to realize
the enormous number of things she does everyday.   Fortunately, it looks as
if she will be ok in the long run.
George W. Richards
Creekside Builders, LLC

 - Westgate Proforma-Phillip Allen.xls


We need to cancel Michael's appt with Sharon for that Monday.  Also, why
don't you try to find at least 2 people to go with you to the Astro's game on
Tueday.  I'll come if I can.

ckm

"Neil Mann" <nmann@erac.com> on 03/29/2001 09:22:35 AM
Please respond to <nmann@erac.com>
To: <Kay.Mann@enron.com>
cc:

Subject: RE: April

Yes. I fly out at 2:30 on Monday the 9th and return 10:30pm Tuesday night. I
can try to attend another meeting if necessary. This is for all the officers
but they are doing it in small groups so I would think it would not be a
problem. Honestly, I would like to change it since I fly back to Houston
Sunday morning the 8th from Orlando. I'm not as good at traveling as you.

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Thursday, March 29, 2001 8:54 AM
To: nmann@erac.com
Subject: April

I only have you out on April 5 and 6 on my calendar.  Is there another day?


Since this is a financial product I don't need approvals back from any of
you.  I really just wanted to alert you to this new product, especially the
physical steel team.
----- Forwarded by Tana Jones/HOU/ECT on 10/23/2000 01:21 PM -----

	Lisa Lees
	10/23/2000 01:18 PM

		 To: Bradley Diebner/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT
		 cc:
		 Subject: EOL Steel Launch

EOL is launching steel on Monday, October 30.

Product types are:

US Steel Hot Rolled Fin Swap
US Steel Cold Rolled Fin Swap
US Steel Hot-Dipped Galvanized Fin Swap

Enron Entity:  Enron North America Corp.

Deadline:  Need approvals from Credit by Thursday morning, October 26 and
Contracts and Legal by Friday afternoon, October 27.

The attached excel spreadsheet contains the targeted customer list.  Please
note that there are 4 worksheet tabs.

I know this is short notice, but as you can see below, we just received the
list today.

Thank you.

Lisa
---------------------- Forwarded by Lisa Lees/HOU/ECT on 10/23/2000 01:06 PM
---------------------------

Rahul Seksaria @ ENRON

10/23/2000 12:58 PM
To: Lisa Lees/HOU/ECT@ECT
cc:
Subject: EOL shortened list for credit

---------------------- Forwarded by Rahul Seksaria/Corp/Enron on 10/23/2000
12:57 PM ---------------------------

Rahul Seksaria

10/23/2000 09:33 AM
To: Naveed Ahmed/NA/Enron@Enron, Carl Carter/NA/Enron@Enron
cc: Kevin O'Donnell/NA/Enron@Enron, Greg Hermans/Corp/Enron@Enron, Sean
Keenan/HOU/ECT@ECT, Kim Stanley/NA/Enron@Enron

Subject: EOL shortened list for credit

Attached is a list of 123 counterparties we want preapproved by credit.
Please call me if you have any questions.

Regards
Rahul


FYI - I have not changes to suggest.

Michael
--
Michael S. Alexander
Southern California Edison
Energy Supply and Marketing
626-302-2029

 ----------
 From:  Susan.Scott@enron.com [SMTP:Susan.Scott@enron.com]
 Sent:  Tuesday, May 16, 2000 7:51 AM
 To:  Cherry, Brian - TPBKC; 'MBD'; 'Leslie, John'; 'Elsesser, Evie';
'McCrea, Keith'; 'Pocta, R. Mark'; 'Dasovich, Jeff'; 'Beach, Tom';
'Burkholder, John'; 'Amirault, Paul'; Alexander, Michael S; 'Chancellor,
Craig'; 'Dingwall, B.'; 'Douglass, Dan@SES'; 'Fawcett, Jeff'; Porter,
Douglas K; 'Rochman, Michael'; 'Counihan, Rick'; 'Bayless, David'; 'Paul,
Joe'; 'Jimison, John'; 'Foss, Robert'; McVay, Nancy W - TPNWM; 'Gileau,
Pat'; 'Johnson, Pamela'; 'How-Downing, Lindsey'; 'Scott, Susan'; 'Baldwin,
Mark'; 'Jun, Christine'; Lorenz, Lad - TPLPL; Sullivan, Glen J.
 Subject:  Rebuttal testimony (draft) on behalf of TW

 Transwestern has drafted the attached rebuttal testimony in response
to
 testimony filed by Kern River and the Post-Interim Settlement
parties.
 Please let me know if you have comments.

 (See attached file: GIR Rebuttal.doc)<<File: GIR Rebuttal.doc>>


Sounds like at least some at FERC already share our view on what is wrong
with California.
Content-Transfer-Encoding: quoted-printable
Date: Mon, 16 Oct 2000 14:46:33 -0500
From: "Tracey Bradley" <tbradley@bracepatt.com>
To: "Deanna King" <dking@bracepatt.com>, "Paul Fox" <pfox@bracepatt.com>,
"Ronald Carroll" <rcarroll@bracepatt.com>
Subject: DJ - US FERC Taking 'Hard Look' At Pwr Mkt Abuse Allegations
Mime-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-1
Content-Disposition: inline

This article provides another data point indicating that FERC does not plan
to return to cost-based rates in California.

DJ US FERC Taking 'Hard Look' At Pwr Mkt Abuse Allegations
Copyright , 2000 Dow Jones & Company, Inc.

(This article was originally published Thursday)

WASHINGTON (Dow Jones)--The Federal Energy Regulatory Commission will act
aggressively in response to any evidence of market manipulation uncovered by
a pending staff investigation of problems affecting U.S. wholesale power
markets, a top commission official said Thursday.

FERC will "take a hard look" at allegations that power producers in
California exercised market power during this summer's tight and volatile
market, said Daniel Larcamp, director of FERC's Office of Markets, Tariffs
and Rates.

He said he expects the commission to be "aggressive in response to
anticompetitive behavior." He didn't elaborate.

But the FERC official, speaking at a conference for industrial energy users,
focused his remarks on the structural problems plaguing the California
market, and U.S. electricity markets in general.

Fixing the problems with California's market structure will require political
and regulatory courage, Larcamp said, rejecting calls from municipal
utilities and others in the state for a return to cost-of-service ratemaking.

The transition from command-and-control regulation to competitive markets
"will have problems," Larcamp said.

The task for regulators is "to do a better job of anticipating the problems,"
he said, conceding that California's woes this summer have shaken the
public's confidence in market reforms.

Larcamp drew a contrast between California, where power plant development has
been virtually nonexistent over the last decade, and the U.S. Midwest, where
unprecedented price spikes in 1998 and 1999 spurred a rash of power plant
development.

The Midwest markets never saw power above $150 per megawatt-hour this summer,
Larcamp noted, conceding that this may be in part due to the "good luck" of
more normal summer weather.

But while tens of thousands of megawatts of new power capacity has been
proposed for the Midwest in the wake of volatility in 1998 and 1999,
California and the entire Western Systems Coordination Council have seen only
800 megawatts of new capacity proposed over the last 18 months, Larcamp said.

"Those statistics are rather startling from my perspective," he said,
suggesting that the figures indicate barriers to market entry.

Yet even with the boom in proposed plant development in the Midwest, the
summer saw an increase in use of transmission line-loading relief procedures
in the region, Larcamp noted, calling this a signal of the need for more
investment in generation and transmission.

But while FERC has directed utilities to standardize interconnection
standards, Larcamp said, the primary responsibility for plant siting lies
with state authorities.

Citing concerns that California siting policies and environmental review
contribute to the lag in new plant development, Larcamp suggested changes
should be implemented to speed the process without compromising environmental
protections.

Since FERC can only do so much in addressing the supply side, it is giving
serious consideration to measures it can take to address the demand side of
volatile U.S. power markets, Larcamp said.

Retail consumers typically buy power at fixed rates and see no "price signal"
during constrained and volatile markets. This lack of a "demand response" is
a key problem affecting all U.S. power markets, Larcamp said.

"Demand has been growing at very high rates," he said, citing 5% annual
growth in some regions and 7% growth last year in California.

One solution may be to allow retail customers, particularly industrial
consumers, to re-sell their power into the market at prevailing rates,
Larcamp suggested.

However, he noted such a program would have to be structured to avoid legal
problems under the 1935 Public Utility Holding Company Act.

-By Bryan Lee, Dow Jones Newswires, 202-862-6647,
mailto:bryan.lee@dowjones.com

(END) Dow Jones Newswires 13-10-00


The following companies were granted a declaratory judgment from the
Imperial County Supreme Court to suspend deliveries of capacity and
energy to Edison, and to resell energy and capacity to other purchasers:

Salton Sea Power Generation
Fish Lake Power
Vulcan/BN Geothermal Power Company
Elmore, LP
Leathers, LP
Del Ranch, LP


Thanks.  I'll take a look at this.

Jeff

	Enron North America Corp.

	From:  Amy Gambill @ ENRON                           11/14/2000 11:34 AM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Potential fit for your group

Jeff,
I'm the researcher who works with Ted Bland and has been surfacing
Associate/Analyst type resumes for you and Lavorato (the binders we gave you
guys).  Attached is the resume of a personal friend of mine, Robert Brown
(Bobby), who may be a good fit for your group.  He is a '97 University of
Pennsylvania graduate (3.1 GPA) with a degree in Economics and an
International Finance concentration.  Additionally, he holds Series 7, 63, 65
licenses.

Bobby had expressed an interest in Enron to me some time ago, but didn't want
to pursue anything at the time as he was going to be traveling for quite a
while.  He contacted me last week, ready to explore opportunities at Enron.
Upon reading his resume, I felt it is very much in line with many of the
other resumes I'd surfaced for you and Lavorato to you last month (given to
you by Ted Bland).  He's very bright, ambitious and I feel would fit very
well into the Enron environment.

Let me know what you think and don't hesitate to call if you have any
questions!
Amy
x58034
>
>

 - Resume.doc


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Date: Thu, 31 May 2001 09:11:50 -0700
From: Scott Govenar <sgovenar@govadv.com>
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Rules is scheduled to meet on Monday.

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Sandi asked that I send this to you.

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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>, 	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>, 	Leslie Lawner <Leslie.Lawner@enron.com>, 	Robert Frank <rfrank@enron.com>, 	Ken Smith <ken@kdscommunications.com>, 	Janel Guerrero <Janel.Guerrero@enron.com>, 	Miyung Buster <Miyung.Buster@enron.com>, 	Jennifer Thome <Jennifer.Thome@enron.com>, 	Eric Letke <eletke@enron.com>, Mary Schoen <Mary.Schoen@enron.com>, 	David Leboe <David.Leboe@ENRON.com>, 	Ban Sharma <ban.sharma@enron.com>
Subject: Senate Rules
Content-Type: text/plain; charset="us-ascii"

The Senate Rules Committee is going to take up the following items later
today:

SENATOR DUNN - AS CHAIR OF THE SELECT COMMITTEE TO
INVESTIGATE PRICE MANIPULATION OF THE WHOLESALE
ENERGY MARKET, REQUEST AUTHORIZATION TO ISSUE
SUBPOENAS FOR DOCUMENTS, AS FULLY DESCRIBED IN
ATTACHMENTS, TO THE FOLLOWING ENERGY ENTITIES:

RELIANT ENERGY
DYNEGY ENERGY SERVICES, INC.
WILLIAMS ENERGY
ENRON CORPORATION
NRG ENERGY, INC.
DUKE ENERGY
MIRANT, INC.
AES CORPORATION

SENATOR DUNN - AS CHAIR OF THE SELECT COMMITTEE TO
INVESTIGATE PRICE MANIPULATION OF THE WHOLESALE
ENERGY MARKET, REQUEST AUTHORIZATION TO ISSUE
SUBPOENAS FOR DOCUMENTS, AS FULLY DESCRIBED IN
ATTACHMENTS, TO THE FEDERAL ENERGY REGULATORY
COMMISSION (FERC)


OK  w/ me!!

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


Unfortunately, I don't think everyone wants to be removed from the primary
Enron Employee mailing list.  In the future, however, when a note is sent
requesting a reply, please use the "Reply" or "Reply with history" selection
and not the "Reply to All" or "Reply to All with History."  This is the
reason that everyone is getting these unsolicited mails - not because you are
on an inappropriate distribution list.

Therefore requesting to be removed is not the answer.

Thanks,
Jack F.B. Netek
Specialist - Deployment & Integration Projects
Enron Broadband Services
Tel: 713-345-8677
Cell: 713-539-5539
Pager: 877-237-4815  or jacknetek@PageNetips.com

Trying to do well and trying to beat others are two different things.
Excellence and victory are conceptually distinct...and are experienced
differently.
- Alfie Kohn


Start Date: 4/12/01; HourAhead hour: 23;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041223.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 23 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/12/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_DODGERS
  ENGY_TYPE: WHEEL


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I apologize, we have been a little delinquent on the thank you cards this year, we are usually really good about it.  He got those horses and absolutely loves them.  We got him a fisher price farm for Christmas and he had just opened that when he opened the horses.  We couldn't get him to open another give for half an hour playing with those horses. They go great with the farm and plays with them all the time.  Thanks.

 -----Original Message-----
From: 	Cntrybr279@cs.com@ENRON
Sent:	Wednesday, January 16, 2002 5:47 PM
To:	Love, Phillip M.
Subject:	Re: Go out to ebay

On second thought, I'll trade you our cup for two dozen Enron golf balls. Also, Karen is driving me crazy wanting to know if Young Jack got his horses and if he likes them. Please let me know, I don't have too far to go on the crazy part. Love, Steve


I will be out of the office, thanks for the offer.
PL


Just FYI -
The tie point and Cal PX deals we uploaded this morning did in fact load as
Enron Online deals. Oh joy!

I talked to Will Smith, who said he thought he'd heard this complaint before
and very cordially agreed to take a look at it. I just thought I'd keep you
informed of the latest episode in what I'm sure will be an award-winning
series. (How about "The Good, the Bad, and the Cal PX Bridge"?)

Kate


Plz give Dasovich a copy of the talking points for Ken's bb.  thanks


sounds good.  give me a call on Sunday and let me know or i will try and get
a hold of you


Hey, great talking to you.  I appreciate your willingness to talk to David
about the DOE situation.  He's a great guy and one of the best substantive
lawyers I've met.  Short bio--U. of Missouri undergrad, Northwestern law
school.  He was a staffer after law school on the House or Senate Ag
committee--I can't remember which.  Big time federalist society member and
knows all those ultra-right winger types.  He was my partner at Wiley Rein
and Fielding and was the right hand man of Dick Wiley and Fred Fielding among
the younger partners--kind of an enforcer, future executive committee type
(he kept me from getting fired a couple of times--I'm sure he regrets that
now).  Dave wasn't an energy lawyer originally, but did a lot of work on my
client stuff and took over my natural gas clients after I left Wiley.  He
also did a lot of electric restructuring stuff (he was one of the lead
lawyers for Penn. Power and Light and United Illuminating on the Order 888
compliance filings and Nepool and PJM Power Pool open access
restructurings).   He's a Missouri native and got tired of the DC law firm
rat race and moved to KC.  Currently a partner at Blackwell Sanders Peper
Martin--does a lot of Utilicorp/Aquila stuff as you'd expect.  Dave's direct
dial at work is 816-983-8385 and his home number is 816-407-9026.

Mark--anything you can do to give this guy a sense of what life is like at
DOE would be great.  I'm not sure how seriously Dave is being considered for
the DOE Dep. GC spot, but I know that Fred Fielding and Dick Wiley have done
some pushing on his behalf.  It may be that a call from you to someone out
there might put him over the hump.  I'll leave that for you and he to
discuss.  Thanks and good luck with your various adventures!  df


Jeff, attached is the product description and penalty language for Sonat Tier 2 pool gas which has been reviewed
by Tammi who is our main Sonat trader.  If you have any questions or issues please give Tammi, Scott Neal or myself
a call.

thanx for your assistance.


Steve Kean is available on Dec. 5 from 9:30 - 11:30.

   Maureen McVicker
   Steve's Assistant

	Luke Amelang
	11/29/2000 09:45 AM

		 To: sally.beck@enron.com, robert.jones@enron.com, Cindy Skinner/HOU/ECT@ECT,
scott_yeager@enron.net, dreck@enron.com, Suzanne Brown/HOU/ECT@ECT, Michelle
Cash/HOU/ECT@ECT, Bill Donovan/EPSC/HOU/ECT@ECT, etilney@enron.com,
melissa.becker@enron.com, Gwynn Gorsuch/NA/Enron@ENRON, Elyse
Kalmans/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Brian
Schaffer/Corp/Enron@ENRON, Gerry Gibson/Corp/Enron@Enron, George
Wasaff/NA/Enron@Enron, Phil Lowry/OTS/Enron@ENRON
		 cc: patti.thompson@enron.com, sue_wadsworth@enron.net,
cyndi.alvarado@enron.com, ruth.ann.brown@enron.com, cindy.shaffer@enron.com,
Zulie Flores/Corp/Enron@ENRON, Maureen McVicker/NA/Enron@Enron, Christa
Aguilar/HR/Corp/Enron@ENRON, nina.garcia@enron.com, Hilda
Bourgeois-Galloway/Corp/Enron@ENRON, Karina Prizont/NA/Enron@Enron
		 Subject: Worklife Council Meeting

 There seems to have been a lot of confusion generated by the Worklife
meeting announcements I've been sending. For some reason the dates and times
I send are not the dates and times you all are receiving. At this point I'm
not sure how many, if not all, of you have the wrong info. The meeting is
scheduled for Dec. 5 from 9:30am to 11:30am in EB50M. There is no Worklife
meeting today, Nov. 29. I apologize for the confusion. Please let me know if
you are available to attend. Thanks, -Luke-


I would like to play.

 -----Original Message-----
From: 	"j byrd" <jbyrd@byrdinterior.com>@ENRON
Sent:	Wednesday, January 09, 2002 2:06 PM
To:	andrewd@tex-trude.com; Bobby Mulvey; dale_griffin@aimfunds.com; jmcandre@mony.com; Chandler John; Rod Wiggins; scarter@evsi.net; Neal, Scott; scott.uptegraph@painewebber.com; troyutz@attglobal.net; wjones@texonlp.com
Subject:	Golf Friday 12:52

I have a tee time at LCC for this Friday afternoon at 12:52. The first four guys to respond are in wolf.

Call me with questions.

Johnny Byrd
713-688-8850


-----Original Appointment-----
From:  Dena Pawlowski/HO1/AEPIN@aep.com@ENRON
[mailto:IMCEANOTES-Dena+20Pawlowski_HO1_AEPIN+40aep+2Ecom+40ENRON@ENRON.com]
Sent: Wednesday, June 06, 2001 5:32 PM
To: Dena Pawlowski/HO1/AEPIN@aep.com@ENRON; William C Reed/OR4/AEPIN@AEPIN;
.@ENRON; Jim Deidiker/HO1/AEPIN@AEPIN; Edward D Gottlob/HO1/AEPIN@AEPIN;
Edward A Terry/HO1/AEPIN@AEPIN; .@ENRON
Cc: Griffin, Vanessa; Thomas L Shelton/HO1/AEPIN@AEPIN; Monica A
Jackson/HO1/AEPIN@AEPIN
Subject: Rescheduled: AEP Entity Discussion Meeting   (Jun 7 11:15 AM CDT in
LA 1535)
When: Thursday, June 07, 2001 11:15 AM-12:15 PM (GMT-06:00) Central Time (US
& Canada).
Where: LA 1535

Please call if you are unable to attend.

Regards,

Dena Pawlowski
AEP - Houston Pipe Line Company
1201 Louisiana St., 1509a
15th Floor
Houston, Texas 77002
Office:   713/571-3117
Pager:  281/631-1310


-----Original Message-----
From: Murphy, Tim [mailto:Tim.Murphy@ElPaso.com]
Sent: Friday, November 09, 2001 12:33 PM
To: 'Bump, Dan'; 'Whitt, Mark'
Subject: FW: Top ten uses for the new Enron building

Subject:        Top ten uses for the new Enron building

  TOP TEN USES FOR THE NEW ENE BLDG

1. HEALTH CLUB
2. LOFTS
3. PUBLIC STORAGE
4. HOTEL FOR SEC INVESTIGATION TEAM
5.  SKY RING BAR AND BROTHEL
6. SCRAP METAL
7.  RETAIL CENTER
8. MINIMUM SECUTRITY FEDERAL PRISON FOR EXECUTIVES
9.  PROP IN NEXT HOLLYWOOD ACTION FLICK: IMPLOSION
10.PERMANENT REMINDER TO ALL INVESTORS: SELL WHEN THEY BUILD A
 MONUMENT TO SELF

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