Tino called today to report on their meetings with DOE last week.  Tino,
Dennis Langley, and their outside lawyer Jim Slattery met with Bill
Richardson and DOE staff to discuss the "sole source" procurement approach to
DOE's obtaining an alternative power supplier for Kirtland AFB and Sandia.
Tino reports that Richardson signed off on the sole source approach, subject
only to DOE review of the final contract to assure its consistency with the
public interest.  Tino believes that the combination of significant Native
American involvement in the overall deal structure along with a power price
that is lower than DOE's current PNM rates will satisfy the "public interest"
standard.

 Slattery is set to begin discussions with DOE next week on the overall
structure of Dennis' proposal.  I am surprised that Dennis would go this far
before hearing from us on the economics, but Tino made it sound like the
initial discussions would be fairly general--i.e., to explain to DOE that the
plan is to build a new pipeline and a new power plant and to do the whole
thing in partnership with the Isleta Tribe, but without talking about
specific economic issues.  Sounds to me like Dennis has Richardson on board
but is nevertheless planning to pitch to the lower level DOE staff people
what a great deal this is for the Tribes and therefore the government.

 Tino, not surprisingly, is eager to see numbers and sit down to discuss
them.  He suggested a meeting the first week of May in either Houston or KC.
I asked Tino whether he could get firmer numbers from DOE than we currently
have on (1) total electric and gas load (current and projected) for the AFB
and Sandia and (2) actual price DOE currently pays for gas and power.  He
didn't think he could get better information before the first week in May.

 On another related topic, through Shelley Corman's group  I got acquainted
with a guy named Tim Beldon who runs the ENA transmission capacity book for
the Western U.S., out of Portland.  I talked with him for a few minutes about
power flows and pricing in the N.M-Arizona area and he seemed pretty
knowledgable.  He has a transmission engineer on his team who is an expert in
verifying utility claims of transmission constraints.  Apparently, ENA buys
and sells a lot of power in the four corners area and is pretty familiar with
the transmission availabilty and power pricing situation up there.  I didn't
discuss with Tim the specifics of the project we are looking at, but did tell
him that Kevin and Steve were looking at a potential power plant load and
trying to figure out how serious it is.  Kevin, if you guys think Beldon
could provide useful info on the cost and availability of firm and non-firm
transmission for the surplus power out of Albequerque up to four corners,
please give him a call.  It is OK to disclose to Beldon what we are working
on, but please inform him that we are subject to a confidentiality agreement
and that further disclosure is improper.

Please let me know whether a meeting with these guys the first week of May is
doable.  Thanks.  DF


I'll be here on Tuesday.

Mary Poorman
12/20/2000 08:34 AM
To: Michael Olsen/NA/Enron@Enron, Tom Acton/Corp/Enron@ENRON, Clem
Cernosek/HOU/ECT@ECT, Robert Cotten/HOU/ECT@ECT, Jackie Young/HOU/ECT@ECT,
Sabrae Zajac/HOU/ECT@ECT, Carlos J Rodriguez/HOU/ECT@ECT, Mark
McCoy/Corp/Enron@Enron, Aimee Lannou/HOU/ECT@ECT, Mary
Poorman/NA/Enron@Enron, Eddie Janzen/NA/Enron@Enron
cc: Daren J Farmer/HOU/ECT@ECT, Lauri A Allen/HOU/ECT@ECT

Subject: Tuesday, December 26th

We will need a small staff to handle potential trades for Wed. the 27th.
Most of the pipelines are out of the office, so I would expect the work load
to be minimal.  I plan on coming in, and would like to have a minimum of
three on staff, so I need two volunteers (one offsystem, just in  case).  If
anyone is going to be in town, please forward a number, in case we need to
call any additional people in, or have you work on a laptop from home.  I
will get with you after the new year to make up the holiday you miss, or, you
can schedule your day now, I have the calendars.  Also, I will be out on
vacation Friday, Dec. 22nd and will need someone to send the nominations to
the plants, I don't expect to have full system coverage, just HPL/HPL and
HPL/ENA as needed.  Let me know if you are interested in learning how to do
this.

Thank you,

Mary


Sunday evening, November 25, 2001

COMMENT: I hope you enjoyed your Thanksgiving. What a wonderful holiday. All
you have to do is give thanks and eat. We have much to be thankful for. The
war on terrorism is progressing better than had been widely expected. US
authorities are acting to foil new terrorist strikes at home. The
intelligence agencies of nations around the world are cooperating more in
the effort to attack the global network of terrorists. The new airline
security legislation should revive public confidence in flying again over
the next six to 12 months. US relations with Russia have improved greatly.
Freer trade is increasingly viewed as one of the best responses to
anti-globilization. China has joined the World Trade Organization. Russia
could be next. There is ample financial liquidity. Energy costs are low.
Interest rates are low too, and 0% financing has boosted auto sales. The
economic recession is likely to remain shallow and should end by next
spring. The profits recovery during the second half of 2002 should be
robust.

The bond market seems to share this assessment. Two weeks ago, I wrote "the
flood of liquidity is likely to revive the economy next year. This suggests
that the bond rally may be coming to an end. This is why I am raising my
stocks/bonds ratio." Since then, the 10-year bond yield is up an
extraordinary 80 basis points. Over this same two-week period, the Dow Jones
Industrials Average rose closer to 10000. In 1995, when the Dow crossed
5000, I predicted it would cross 10000 by 2000.  It did so on March 29,
1999. I didn't expect it would rise above 10000 two times again as it has
since then. Odds are the Dow will soon (this week) rise above 10000 yet
again for the fourth time

How much longer will the Dow remain flat around this level? It could be a
long time. After all, it did rise ten-fold from 1000 to 10000 from 1982
through 1999, following two decades of meandering in a flat trend between
500 and 1000. A long period of consolidation after the extraordinary gains
of the 1980s and 1990s is possible. The Dow's 200-day moving average has
been relatively flat between 10000 and 11000 since late 1999. The week
following the September 11 terrorist attacks, the Dow bottomed at 8235,
which was 2214 points, or 21%, below its 200-day moving average. That was
probably "the bottom." Bottoms are often made by panic selling during major
crises. The Dow was oversold and it quickly bounced back.

It is hard to see the Dow moving much higher soon since it is already
discounting a solid rebound in earnings next year with a reasonable
valuation of those earnings expectations. Since 1999, the 52-week consensus
expected forward earnings per share has hovered around $500 per share and
the forward P/E has hovered around 20. If both continue to do so through the
first half of 2002, as I expect, the Dow Jones Industrials will continue to
hover around 10000. By the end of next year, however, the Dow could retest
the record high set in early 2000 of about 11500. That would be a 15% return
from current levels.

The major risk is that consumer spending might weaken significantly in early
2002. Auto sales are bound to tumble as the stimulative impact of 0%
financing wears off. While the pace of layoffs may be slowing, it is
becoming harder to find a job because many firms have imposed hiring
freezes. Also, the coming bonus season will probably be the worst since the
early 1990s. Many job losers are losing high incomes and are unlikely to
find comparable-paying jobs soon. The good news for many of them is that
they are receiving large severance pay packages. This development may partly
explain the surprising resilience of consumer spending, as well as some of
the amazing surge in liquidity this year. MZM--which includes M1, savings
deposits, and money market mutual funds--is up $930 billion over the past 52
weeks, a record rate.

GOODWILL: The November 9 issue of EARNINGS WEEK examines the likely impact
on earnings of the elimination of goodwill amortization expense next year.
We come up with a $5 per share boost. Will the market treat the accounting
rule change as a technical adjustment with no impact on stock prices? In
other words, will a lower P/E offset the higher E? My hunch is that there
will be some bullish impact even though nothing real changes. (What does
reality have to do with stock valuation? Reality probably matters in the
long run., but perceptions certainly matter in the short run.)

MOVIES: "Harry Potter" was too long. It reminded me of "Star Wars" set in a
British boarding school for would-be wizards. It isn't my cup of tea. My
11-year-old son enjoyed it, but he isn't interested in seeing it again. I
predict that "Harry Potter II" will be much less successful. "The Man Who
Wasn't There," starring Billy Bob Thornton is the latest film noir classic
from the folks that made "Fargo." I enjoyed it. Billy Bob was perfect for
his role as a barber.

Dr Ed
********************
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Alex. Brown Inc., all rights reserved.


Please see below and respond accordingly.  Thanks. Ted

You are invited to attend the 3rd Annual Urban Business Initiative Volunteer
Kickoff on Wednesday, September 26, 2001 at Slainte Irish Pub (509 Main
Street) at 6:00 p.m.

The Urban Business Initiative is a group of young professional volunteers
who are committed to the economic revitalization of Houston's inner city.
UBI was founded by a group of Enron analysts in 1996, and has since grown to
include volunteers from more than 15 corporations in Houston.

UBI volunteers work on consulting teams with small business owners and
entrepreneurs in Houston's inner city on projects such as developing
business and marketing plans, conducting financial analyses, and providing
technology assessments.  They also develop and conduct business education
seminars to promote business literacy in Houston.

Please join us if you would like to learn more about the Urban Business
Initiative and the impact we are having on Houston's inner-city businesses.

Sincerely,
Mary Messick

Mary Messick
Program Coordinator

Urban Business Initiative
4300 Lyons Ave, Suite 301
Houston, TX  77020
Tel: 713-678-8418
Fax: 713-678-8468
Mail to: mmessick@urbanbusiness.org <mailto:mmessick@urbanbusiness.org>
<http://www.urbanbusiness.org>

 - UBI kickoff invitation.doc


thanks for the reply.  we will be reviewing the applications in due course.  probably best to work through the standard process.

 -----Original Message-----
From: 	Edwards, Tasha
Sent:	Tuesday, September 18, 2001 3:18 PM
To:	Steffes, James D.
Subject:	Interested in the Admin Assist position.

Mr. Steffes my name is LaTosha Edwards, and I am showing a great interest in a position held in your department. The position is titled Admin Assist, job # 0000110323, I more than just qualify for this job I know this job is for me. At this time I am currently working on the 31st floor as an assistant, my asignment will end on the 21st. Please respond to this e-mail, for I would really like the opportunity to set the atmosphere within the office. Serious about making a future here at Enron, I have only my best to offer. Allow me the chance to speak with you, we can first start with getting my resume to you. I will look for a response soon. Thank You!


---------------------- Forwarded by Kay Mann/Corp/Enron on 11/10/2000 04:56
PM ---------------------------

	From:  Christi L Nicolay @ ECT                           11/10/2000 03:15 PM

To: Richard Shapiro/NA/Enron@Enron, Sarah Novosel/Corp/Enron@Enron, Joe
Hartsoe/Corp/Enron@Enron, Jeff Brown/NA/Enron@Enron, Bill Rust/HOU/ECT@ECT,
Ben Jacoby/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Mike J
Miller/HOU/ECT@ECT, John Moore/Corp/Enron@Enron, Debbie
Chance/Corp/Enron@Enron, Patrick Hanse/HOU/ECT@ECT, Fletcher J
Sturm/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect, Edward D Baughman/HOU/ECT@ECT,
Tom Dutta/HOU/ECT@ECT, Ozzie Pagan/HOU/ECT@ECT, Tom Hoatson/NA/Enron@Enron,
Janine Migden/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Marchris
Robinson/NA/Enron@Enron, John Moore/Corp/Enron@Enron, Bill
Moore/NA/Enron@Enron, Robin Kittel/NA/Enron@Enron, Jeffrey M
Keenan/HOU/ECT@ECT, Richard Ingersoll/HOU/ECT@ECT, Charles Yeung/HOU/ECT@ECT,
Shelley Corman/ET&S/Enron@ENRON, Rogers Herndon/HOU/ECT@ect, Lloyd
Will/HOU/ECT@ECT, Maria Valdes/Corp/Enron@Enron, James D
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Bob
Carter/HOU/ECT@ECT, Chris Gaffney/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT,
Sheila Tweed/HOU/ECT@ECT, Oscar Dalton/HOU/ECT@ECT, Dave
Mangskau/Corp/Enron@Enron, Kerry Stroup/DUB/EES@EES, Greg
Krause/Corp/Enron@Enron, Raimund Grube/Corp/Enron@ENRON, David L
Fairley/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT, Steve
Krimsky/Corp/Enron@Enron, Richard Lydecker/Corp/Enron@Enron, Mary
Hain/HOU/ECT@ECT, Fred Mitro/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT,
Richard Lydecker/Corp/Enron@Enron, Tom Chapman/HOU/ECT@ECT, Tom
Delaney/Corp/Enron@ENRON, Steve Walton/HOU/ECT@ECT, Kay
Mann/Corp/Enron@Enron, Rebecca Walker/NA/Enron@Enron, Reagan
Rorschach/NA/Enron@Enron, John Berger/HOU/EES@EES, Alan Larsen/PDX/ECT@ECT,
Rusty Stevens/Corp/Enron@ENRON, Dave Kellermeyer/HOU/ECT@ECT, Mathew
Gimble/HOU/ECT@ECT, Ron Tapscott/HOU/ECT@ECT, Michelle Zhang/HOU/ECT@ECT,
Susan M Landwehr/NA/Enron@Enron, Roy Boston/HOU/EES@EES, Aleck
Dadson/TOR/ECT@ECT, Joe Connor/NA/Enron@Enron, Ron McNamara/NA/Enron@Enron,
Robin Kittel/NA/Enron@Enron, Karen E Carter/NA/Enron@Enron, Chris
Booth/NA/Enron@Enron, Steve Montovano/NA/Enron@Enron, Barbara N
Gray/HOU/ECT@ECT, steve.wang@enron.com, ebaughm@enron.com,
terri.clynes@enron.com, oscar.dalton@enron.com, doug.sewell@enron.com,
kcompea@enron.com, mike.e.kelly@enron.com, gary.justice@enron.com,
patrick.hanse@enron.com, ozzie.pagan@enron.com, heather.kroll@enron.com,
david.fairley@enron.com, ray.hoppe@enron.com, george.mccormick@enron.com,
wjennin@enron.com, joseph.wagner@enron.com, elizabeth.johnston@enron.com,
bill.rust@enron.com, Kevin M Presto/HOU/ECT@ECT, John J
Lavorato/Corp/Enron@Enron, David W Delainey/HOU/ECT@ECT, Janet R
Dietrich/HOU/ECT@ECT, Mike J Miller/HOU/ECT@ECT, Lloyd Will/HOU/ECT@ECT,
George Hopley/HOU/ECT@ect, Fletcher J Sturm/HOU/ECT@ECT, Robert
Benson/Corp/Enron@ENRON, Jeff King/Corp/Enron@Enron, Larry
Valderrama/HOU/ECT@ECT, Peter Makkai/NA/Enron@Enron, Larry
Jester/Corp/Enron@ENRON, Rogers Herndon/HOU/ECT@ect, Mike
Carson/Corp/Enron@Enron, Kyle Schultz/HOU/ECT@ECT, Eric
Saibi/Corp/Enron@ENRON, Grace Kim/NA/Enron@Enron, Laura
Podurgiel/HOU/ECT@ECT, Mitch Robinson/Corp/Enron@Enron, Kayne
Coulter/HOU/ECT@ECT
cc: James D Steffes/NA/Enron@Enron

Subject: FERC Staff Investigations on Midwest and Southeast Bulk Power Systems

On 11/1/00, FERC Staff issued reports on its Investigation of Bulk Power
Markets in the Eastern Interconnection.  These reports were the result of a
Commission order earlier this summer.  Enron's Federal regulatory staff
(Christi, Charles Yeung, and Sarah Novosel) provided a great deal of
information for this investigation and Joe Hartsoe and Donna Fulton discussed
many of the problems with the grid with the new head of Staff, Scott Miller
(who recently joined FERC from PG&E Gen).    While the Commission is under no
obligation to take any of Staff's recommendations, the Commission typically
looks to Staff for guidance on transmission and market issues.  Importantly,
Staff concludes that the Commission should consider these options for the
Southeast and Midwest -- all of which Enron has been asking FERC to implement
for several years:

Reduce the advantages of network service over point to point service by
requiring that native load be served under the same tariff as other
transmission services to eliminate the current incentives that VIUs have to
favor their native load through the calculation of ATC and handling of
interconnection requests.

While the Staff Hotline is used productively, the Commission can direct Staff
to conduct formal investigations into entities that have a pattern of
complaints.

The Commission could require TPs to submit tariff provisions containing a pro
forma interconnection process specific to interconnection, rather than simply
relying on the Tennessee Power order that utilizes the OATT timelines and
procedures.

Require TPs to retain real-time transmission data on market functions
pertaining to daily load, internal generation to meet that load, and imports
and exports.

RTOs should submit the basis and methods for calculating ATC and TTC, as well
as standardized criteria for curtailment.  In addition, since even such
standardized criteria might not "get to the root of the problem" -- that
control area still control generation -- the Commission could require that
each RTO set a date certain by which it will create one control area.
Regardless of the implementation of these two options, the Commission could
standardize ATC and TTC methodology.

Staff finds that while electricity is a commodity with market characteristics
similar to many other commodities, it is still viewed as "different," with a
reaction of price caps.  Staff encourages that basic decisions about the
regulatory model be made in order to complete the transition from a
traditional cost-of-service model to a model that uses markets to price the
commodity and services.

DETAILS  (Also, the reports contain good summaries of the generation,
transmission, state retail, federal reg. and other issues for the region):

Midwest:  The Midwest is dominated by vertically integrated Transmission
Providers ("TPs") that control transmission, generation and load.  "As such,
they have weak economic incentives to provide access to transmission service
to third-parties and strong incentives to favor their own services."  Staff
received numerous complaints; however, due to the lack of information
available from TPs, Staff cannot conclude whether these are isolated
incidents or wide-spread.  At the very least, the complaints indicate a lack
of confidence in the bulk power market and the ability of market participants
to rely on transmission access, thus harming the liquidity of the market.

TLRs are the most important transmission issue in the Midwest, with an
"enormous" increase in 2000.  The region showed a decline in peak load from
1999 to 2000 and a growth in new generation since the 1998 price spikes.
Even though there was an increase in generation and mild weather with
virtually no price spikes, TLRs climbed to record numbers.  The TLRs were
highly concentrated:  only 5 flowgates account for 41% of ECAR TLRs and
another 5 flowgates in MAIN account for 42% in that region.  Notably, even
though the NERC procedures for Level 3 TLRs mandate transaction curtailment,
78 of the 191 TLRs in the Midwest do not show any curtailment amount.  The
total amount of relief that these curtailments are intended to produce are
not posted.  Staff notes that TLR rules are established by NERC, whose
procedures are voluntary and not enforced by penalties.  While the Commission
has required certain NERC standards and procedures to be placed in Open
Access Transmission Tariffs ("OATT") where the Commission has the power to
enforce provisions under the Federal Power Act, in practice the Commission
has generally deferred to NERC on transmission reliability questions,
including the propriety of TLRs.

TLRs inhibit optimal functioning of the transmission system and market
because load is not served by the least cost supplier.  TLR procedure is an
inefficient instrument in mitigating constraints -- curtailment by fiat.  In
addition, the NERC IDC can result in inappropriate curtailments or increased
loading on the affected flowgate.  The impact could be mitigated by one
control area per RTO.

Staff notes that the Midwest state commissions did not petition FERC for
price caps following the 1998 price spikes.  Some market participants believe
that the absence of price spikes is the single reason that NUG construction
increased in the Midwest.

Market participants must keep track of, and follow, a plethora of information
in order to make energy deals, submit reservations and provide schedules for
service.  Staff received many complaints about barriers to transmission
access, including TLR curtailments and a lack of standardized information and
protocols, particularly for ATC and interconnection requests, and
discriminatory conduct.  Unbelievably, key data was unavailable to Staff,
such coincident peak load data, system-wide snap shots for days when TLRs
were called, and import/export data.  This lack of data creates a market
inefficiency, because neither market participants nor regulators can fully
analyze market conditions in real time.  As such, the market is risk adverse,
eschewing long-term deals for short-term transactions.  Staff also noted that
because the Security Coordinators often work for the IOU, there is a mixed
incentive to enforce reliability on the grid and maximize profit for the
IOU.  (Staff cites Richard Tabors' paper, "Transmission Markets, Stretching
the Rules for Fun and Profit.")

Staff cites the lack of information on OASIS or on the NERC web site,
particularly about real time TLRs and curtailments.  Examples were provided
to Staff of transmission refusals when there were no TLRs posted and improper
implementation of TLRs causing substantial financial loss.

The currently proposed Midwest RTOs may mitigate some problems; however, all
three retain existing control areas with the favortism for generation and
native load.  These incentives will continue to remain until the RTO
exercises complete autonomy over transmission control and security
coordinator functions.  Staff notes that the Midwest is a balkanized region
of 61 control areas with no uniform method for calculating ATC and CBM.  The
result is that ATCs can be different on 2 different sides of an interface.
Staff notes examples in inaccurate ATCs and states that Staff's own ATC audit
this summer was consistent with market participant complaints.  Staff is
weighing follow-up options.  The result of these problems is a lack of
liquidity.

Staff next noted the problems with unfiled "business practices," especially
on the next hour market.  Staff's audit of OASIS sites revealed several areas
of non-compliance.

Information transparency is necessary for a market to function efficiently,
with equal and timely access to data, including ATC, CBM, TRM, and load flow
input data.  TPs have incentives to resist efforts to make this information
transparent because of native load.  This incentive will still exist under
RTOs if utilities are allowed to calculate their own ATC.  ***  "As a
consequence, the Commission may wish to eliminate the native load exemption
and have all transactions under the same tariff."  ***  The Commission could
benefit by having access to existing transmission data and should require the
TPs to retain data, including current real-time network status.

Interconnection Issues:  IPPs need to be compensated for VAR support.  Also,
Staff cites a number of Hotline complaints about TPs seeking large deposits
or failing to complete System Impact Studies timely.  One solution is to have
the RTO handle this function to eliminate the disincentive the utilities have
against IPPs.  The current practice of requiring IPPs to deal with a wide
variety of procedures inhibits the free flow of transactions within the
region.

Network service has inherent advantages over point-to-point, citing the
Entergy source and sink order.  The Commission has relied on "passively"
receiving informal and formal complaints to determine if discriminatory
behavior has occurred rather than actively canvassing market participants.
While Staff cannot conclude that discriminatory practices are widespread,
there is evidence of discriminatory instances.

Southeast:  The traditional vertically integrated utility ("VIU") model has
largely persisted in the SE.  This continued control has vastly reduced the
economic incentives to facilitate IPP activities.  In many cases, the VIUs
have dampened IPP involvement without violating any Commission regulation due
to the inherent flexibility of the current rules.

Staff cites examples of delays in performing system impact studies,
transmission hoarding in the name of serving native load growth and
manipulation of ATC.  TPs have shown little inclination to improve the
transmission system and use many TLRs.

There is also a lack of market information that has stymied the development
of markets in the SE.  ATCs change constantly that leads to uncertainty and
there is no clearinghouse for electric power prices.

TVA, despite having taken steps to participate in reformed markets, has acted
as a bulwark against the development of competitive energy markets in the
SE.  This is significant because of TVA's size and location.  IPPs have
reported TVA's discouragement of siting in TVA through excessive time to
perform studies, excessive fees, and rejection of requests to perform
interconnection studies.

In addition, Staff cites the Florida Sup. Ct. decision against merchant
plants as significantly impeding the competitive market in Florida.

Staff discusses the significant flow of power from the Midwest to the SE this
summer.  Much of this resulted from the import of cheaper coal power, than
the use of gas fired peakers due to higher gas prices.  Peak prices were
radically lower this summer because utilities appear to have been better
prepared for peak events through the use of forward contracts, increased
generation capacity on line and reduced number of forced outages.

SE utilities reported that they have not used market-based rates to
extensively increase sales.  (Less used than in the midwest.)

The SE region lacks information, which has retarded the Staff's efforts to
discern the truth about the numerous complaints about transmission in the SE
(including ATC and TLRs).  Market participants seem to have less confidence
in the SE market than in any other market region.  This appears to be
justified based on Staff's investigations.  This lack of confidence
discourages investment and participation in the markets.  Staff concludes
that the Commission may need to be more prescriptive in terms of how
transmission is allocated in the SE RTOs, since there are market concerns
that the incumbents will continue to dominate operations.  The investigation
found numerous problems in bad ATCs and TTCs and poor OASIS postings.  In
addition, several OASIS audit logs actually erased historical data.  Staff
thinks that additional affiliate transaction information should be posted.
Staff could not obtain summer demand data and the Commission's lack of
jurisdiction over TVA made it difficult to obtain transmission access
information.

The Staff investigation revealed unclear interconnection procedures and lack
of adherence to schedules and arbitrary cost estimates and deposits.  In
addition, the TPs have reserved a huge amount of network transmission
capacity, much of it reserved shortly after the IPP approached the TP to
interconnect.  Staff cites the recent Skygen order in which Southern denied
Skygen's request for transmission stating that the only option was the
construction of an 80 mile 500 kv line that would take 8 years to complete.
Staff solutions include allowing network requests by IPPs and limiting
self-build capacity in the incumbent's territory.

ATC variations are a big problem in the SE.  SERC coordination of a
standardized ATC is a long process and may not be resolved soon without
direction from the Commission.  An improved method and improved communication
are needed.

The SE experienced a 354% increase in TLRs this summer.  This increase raises
the issue of whether curtailment has become an impediment to the competitive
operation of the market in the SE.  Staff cites information provided by
Charles Y. that an Ameren TLR was not implemented according to NERC
criteria.  Staff also wonders if transmission is being oversold since TPs do
not generally refund transmission revenues when TLRs are implemented.  RTOs
must have a broad geographic area to internalize much of the constraints.  In
addition, RTOs will adopt pricing mechanisms that obviate recourse to TLRs.
However, if control areas are retained, VIUs will retain mixed incentives.

*** As noted in the Midwest report, the manner in which load is calculated
weighs heavily on the value of this information.  This is an issue that the
formation of RTOs may not resolve.  Eliminating native load exceptions -- ie,
treating all load equally -- and placing all transactions under the same
tariff may be an option that provides the right incentives for the provision
of transparent and standardized information.

Finally, Staff describes specific problems with TVA and FP&L, TVA is a
"problem area" for the Eastern Interconnect grid.  TVA is a transmission
bottleneck due to the many TLRs called this summer.  The current federal law
and lack of Commission jurisdiction are impediments to the development of
deep and robust power markets in this area.  TVA simply has no strong
incentive to provide effective and efficient transmission service.  In
addition, the Commission does not have full information on TVA.  Staff lists
a number of complaints against TVA, including unjustifiably increasing the
tag deadline and allowing TVA Marketing, but not others, to sink and park
power.  Staff concludes that recent proposals by TVA to enhance the
development of markets and its system do not appear to have great potential.

A Staff audit of FP&L revealed violations of standards of conduct, including
confidential information on FP&L's transmission system (including interchange
information for other entities) posted on EMS systems that were available to
FPL's merchant function.  Staff's report found that FP&L does not have an
established procedure for review of EMS to ensure that information is not
displayed in error.  It is "up to individual Managers discretion."  ((FRCC
web site report dated 9/8/00)).  Violations such as these undermine
competition.

The reports are attached below.

 - southeast.pdf
 - midwest.pdf


Great.  I've put in a couple of minor changes--pls crank out a clean (non redlined) copy and email it back to me.  For now, lets take out the sentence indicating Sempra's agreement.  Also, delete the privilege header.  I want Georgetta to have a clean copy she can circulate internally in her shop.  In my cover email to her I'll suggest the sentence I'd like to be able to include.  MKM and others--please let me know if I'm good to go on sending this to Georgetta.  Thanks.  df

"Hirasuna, Robert" <rhirasuna@AkinGump.com> on 04/03/2001 06:10:16 PM
To:	"Drew Fossum (E-mail)" <dfossum@enron.com>, "Maria Pavlou (E-mail)" <Maria.Pavlou@enron.com>
cc:	"Moore, Charles A" <cmoore@AKINGUMP.COM>, "Nuschler, Robin" <rnuschler@AKINGUMP.COM>

Subject:	New Revised Draft Answer - Ignore Previous Draft.

 <<4%M3RED.DOC>> In my haste to get the draft out, I omitted a couple of changes in the last few paragraphs.  Please ignore the previous draft.  Thanks.

The information contained in this e-mail message is intended only for the personal and confidential use of the recipient(s) named above. This message may be an attorney-client communication and/or work product and as such is privileged and confidential. If the reader of this message is not the intended recipient or an agent responsible for delivering it to the intended recipient, you are hereby notified that you have received this document in error and that any review, dissemination, distribution, or copying of this message is strictly prohibited. If you have received this communication in error, please notify us immediately by e-mail, and delete the original message.

 - 4%M3RED.DOC


Andrea,

Please resend the first three resumes.

Phillip


Start Date: 4/28/01; HourAhead hour: 3;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042803.txt


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 09/14/2000
11:05 AM ---------------------------

Shauncy Mathews
09/14/2000 09:53 AM
To: Lisa Shoemake/HOU/ECT@ECT, Judy Hernandez/HOU/ECT@ECT, Melissa
Rodriguez/HOU/ECT@ECT, Leslie Smith/HOU/ECT@ECT, Andrea R Guillen/HOU/ECT@ECT
cc:
Subject: Angels

---------------------- Forwarded by Shauncy Mathews/HOU/ECT on 09/14/2000
09:53 AM ---------------------------

	Elida Aguilar @ ENRON

	09/14/2000 09:40:54 AM

To: Lori Boutte/Corp/Enron@Enron, Donna Ruff/Corp/Enron@ENRON, Shauncy
Mathews/HOU/ECT@ECT, Albernita Travis/Corp/Enron@Enron, Donna
Ruff/Corp/Enron@ENRON, Bernadette Salazar/Corp/Enron@Enron,
PFlores@corestaff.com, bheiman@world.att.net
cc:
Subject: Angels

----- Forwarded by Elida Aguilar/Corp/Enron on 09/14/2000 09:39 AM -----

	Rose Rivera@ENRON_DEVELOPMENT
	09/12/2000 03:07 PM

		 To: Denissa Arredondo/Corp/Enron@ENRON, Elida Aguilar/Corp/Enron@ECT,
acontreras@appleorthodontix.com
		 cc:
		 Subject: Angels

---------------------- Forwarded by Rose Rivera/ENRON_DEVELOPMENT on
09/12/2000 03:06 PM ---------------------------

Jan Dunn
09/12/2000 02:26 PM
To: Laura Dudley/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David
Gosnell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gerri Gosnell/HOU/ECT@ECT, Mary
G Gosnell/HOU/ECT@ECT, Cynthia U
Espinoza/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jason
Panos/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Linda
Rhymes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Louise L
Cabrera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert
Adame/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rose
Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Angels

> Two traveling angels stopped to spend the night in the home of a wealthy
> > family.?  The family was rude and refused to let the angels stay in the
> > mansion's guest room.?  Instead the angels were given a small space in
> the
> > cold basement.?  As they made their bed on the hard floor, the older
> angel
> saw
> > a hole in the wall and repaired it.
> >
> > When the younger angel asked why, the older angel replied, "Things
> aren't
> > always what they seem."
> >
> > The next night the pair came to rest at the house of a very poor, but
> very
> > hospitable farmer and his wife.?  After sharing what little food they
> had
> the
> > couple let the angel sleep in their bed where they could have a good
> > night's rest. When the sun came up the next morning the angels found the
> > farmer and his wife in tears.?  Their only cow, whose milk had been
> their
> sole
> > income, lay dead in the field. The younger angel was infuriated and
> asked
> the
> > older angel how could you have let this happen?
> >
> > The first man had everything, yet you helped him, she accused.?  The
> second
> > family had little but was willing to share everything, and you let the
> cow
> > die.?  "Things aren't always what they seem," the older angel replied.
> >
> > "When we stayed in the basement of the mansion, I notice there was gold
> > stored in that hole in the wall.
> >
> > Since the owner was so obsessed with greed and unwilling to share his
> good
> > fortune, I sealed the wall so he wouldn't find it."?  Then last night as
> we
> > slept in the farmers bed, the angel of death came for his wife.?  I gave
> him
> > the cow instead.
> >
> > Things aren't always what they seem."
> >
> > Sometimes that is exactly what happens when things don't turn out the
> way
> > they should.?  If you have faith, you just need to trust that every out
> come
> > is always to your advantage.
> >
> > You might not know it until some time later...
> >
> >???????????????????????????????  Oooo
> > Some people????????????  (???  )
> > come into our lives????  )??  /
> > and quickly go..???????  (_ /
> >
> >???????????????????  oooO
> >????????????????????  (???  )??????  Some people
> >?????????????????????  \?  (???????  become friends
> >??????????????????????  \_)??????  and stay awhile...
> >???  leaving beautiful????????  Oooo
> >????  footprints on our?????????  (???  )
> >????  hearts...??????????????????????  )?  /
> >??????????????????????????????????????  (_/
> >
> >???????????????????  oooO
> >????????????????????  (???  )?????  and we are
> >???????????????????  \??  (?????????  never
> >????????????????????  \_ )?????  quite the same
> >???????????????????????????????  because we have
> >???????????????????????????????  made a good?  friend!!
> >
> > Yesterday is history.?  Tomorrow a mystery.
> >?  Today is a gift.?  That's why it's called the
> >??  present!
> >
> > I think this is special...live and savor every
> > moment...
> > This is not a dress rehearsal!
> >
> >??????????????????  (\?????  /)
> >??????????????????  ( \ _ / )
> >??????????????????  (?  \()/?  )
> >??????????????????  (?  /?  \?  )???  TAKE THIS LITTLE?  ANGEL
> >??????????????????  ( / \/ \ )??  AND KEEP HER CLOSE TO?  YOU
> >???????????????????  /?????  \???  SHE IS YOUR GUARDIAN?  ANGEL
> >??????????????????  (???????  )???  SENT TO WATCH OVER?  YOU
> >?????????????????????  ____
> > THIS IS A SPECIAL GUARDIAN ANGEL... YOU MUST PASS THIS ON TO 5 PEOPLE
> WITHIN
> > THE HOUR OF RECEIVING HER..AFTER YOU DO MAKE A WISH....IF YOU HAVE
> PASSED
> HER
> > ON, YOUR WISH WILL BE GRANTED AND SHE WATCH OVER YOU FOREVER....
> > IF NOT..HER TEARS WILL FLOW AND NO WISHES WILL BE GRANTED....
> >
> > Now don't delete this message, because it comes from a very special
> angel.
> >
> > Right Now -
> >
> >???  -somebody is very proud of you.
> >???  -somebody is thinking of you.
> >???  -somebody is caring about you.
> >???  -somebody misses you
> >???  -somebody wants to talk to you.
> >???  -somebody wants to be with you.
> >???  -somebody hopes you aren't in trouble.
> >???  -somebody is thankful for the support you have provided.
> >???  -somebody wants to hold your hand.
> >???  -somebody hopes everything turns out all right.
> >???  -somebody wants you to be happy.
> >???  -somebody wants you to find him/her.
> >????  -somebody is celebrating your successes.
> >????  -somebody wants to give you a gift.
> >?????  -somebody thinks that you ARE a gift.
> >????  -somebody loves you.
> >????  -somebody admires your strength.
> >????  -somebody is thinking of you and smiling.
> >????  -somebody wants to be your shoulder to cry on.
> >
> >?  SOMEBODY NEEDS YOU TO SEND THIS TO THEM
> >
>
>
>
____________________________________________________________

CAUTION: Electronic mail sent through the Internet is not secure and could
be intercepted by a third party.  For your protection, avoid sending
identifying information, such as account, Social Security or card numbers to
us or others.  Further, do not send time-sensitive, action-oriented
messages, such as transaction orders, fund transfer instructions, or check
stop payments, as it is our policy not to accept such items electronicall


Attached in the latest draft of the GE-ENA breakout contract.  The lawyers
need a few more items to complete before execution.  Please send to Kay Mann
and copy me on responses.

Jeff/Eric - Please take a look at the e-mail below and help out on the
following...
accurate description of facitliy-pg 1
questions regarding the exhibits
Address for Section 25.1 and 25.3

Jody/Theresa - Please provide the appropriate address for Section 6.7.2
(payments)

Let me know if you have any questions and thanks for your assistance!

Regards,

Eric

---------------------- Forwarded by Eric Boyt/Corp/Enron on 12/18/2000 11:16
AM ---------------------------

Kay Mann
12/15/2000 07:55 AM
To: Eric Boyt/Corp/Enron@Enron, stuart.zisman@enron.com, Billy
Lemmons/Corp/Enron@ENRON
cc:

Subject: City of Austin Agreement and Exhibits

---------------------- Forwarded by Kay Mann/Corp/Enron on 12/15/2000 07:55
AM ---------------------------

"Thompson, Peter J." <peterthompson@akllp.com> on 12/14/2000 06:35:27 PM
To: "Kay Mann (E-mail)" <kay.mann@enron.com>
cc: "Lee. Johnson (E-mail)" <lee.johnson@ss.ps.ge.com>, "Kent. Shoemaker
(E-mail)" <kent.shoemaker@ae.ge.com>, "Roseann Engeldorf (E-mail)"
<roseann.engeldorf@enron.com>, "Cheryl. Lipshutz (E-mail)"
<Cheryl.Lipshutz@enron.com>, "Brett. R. Wiggs (E-mail)"
<Brett.R.Wiggs@enron.com>, "Ben. Jacoby (E-mail)" <Ben.Jacoby@enron.com>,
"Pipitone, Paul" <paulpipitone@akllp.com>, "Cobb, Chris"
<chriscobb@akllp.com>

Subject: City of Austin Agreement and Exhibits

     Attached please find clean copies of the most recent versions of
the City of Austin Agreement and Exhibits, as well as blacklines showing
changes from the last version circulated.

To complete the agreement, we need to include the following:

1. The description of the facility on page 1.

2. The addresses and contacts for sections 7.7.2, 25.1 and 25.3.

To complete the exhibits, we need to include the following:

1. Exhibits H-2 and R need to be added.

2. Do we need to add language to section B of Exhibit A-1?
 <<Comparison of Exhibits to City of Austin Agt. Form to V. 1.DOC>>
<<Comparison of City of Austin Agreement - Versions 2 to 3.DOC>>  <<City
of Austin Exhibits.DOC>>  <<Gas Turbine Agreement Draft of
12/13/00.DOC>>
 - Comparison of Exhibits to City of Austin Agt. Form to V. 1.DOC
 - Comparison of City of Austin Agreement - Versions 2 to 3.DOC
 - City of Austin Exhibits.DOC
 - 00.DOC


FROM GERALD NEMEC:

Attached are the finalized letter agreements you have been waiting on.


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---------------------- Forwarded by Sandra F Brawner/HOU/ECT on 03/20/2001
03:54 PM ---------------------------

"Pamela Anderson" <pama9@flash.net> on 03/11/2001 09:14:06 PM
To: "Sandra Brawner" <Sandra.F.Brawner@enron.com>
cc:
Subject: Fw: Fw: TEXAS Remedy for Choking]

Return-Path: <pdwells@scottsboro.org>
Received: from  rly-zc05.mx.aol.com (rly-zc05.mail.aol.com [172.31.33.5]) by
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10:59:00 -0600
Message-ID: <005e01c0a405$a62e0740$fdc9a8c0@scottsboro.org>
From: "Pat Wells" <pdwells@scottsboro.org>
To: "Don Parmer" <innessfree@aol.com>,        "Danisha and Kerry Jacobson"
<thejs8@juno.com>,        "Debbie and Charlie" <cddc3@home.com>,        "Gene
and Kellie Bazemore" <KBaze@aol.com>,        "Terri and Terry"
<tthweatt@murray-ky.net>,        "Rachel Singletary"
<singl2630@aol.com>,        "Mary and Randy Lowe"
<LOWESHODLE@aol.com>,        "'Paul & Laura'" <p-ljacobson@home.com>
Subject: Fw: TEXAS Remedy for Choking]
Date: Sat, 3 Mar 2001 11:16:13 -0600
MIME-Version: 1.0
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boundary="----=_NextPart_000_005B_01C0A3D3.5B5073C0"
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2919.6600
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2919.6600

This came from our friends out near Houston........
P.W.

----- Original Message -----
From: "Anne & Danny" <annendan@earthlink.net>
To: "Pam Plesko" <pplesko1@juno.com>; "Pat Wells" <pdwells@scottsboro.org>;
"Deanna Woodson" <woodson12@juno.com>; "babs flowers"
<lbflowers@sydcom.net>; "Trish Maxie" <theback40@msn.com>; "Sandie Diamond"
<shdiamond@mcia.com>
Sent: Saturday, March 03, 2001 8:02 AM
Subject: Fw: TEXAS Remedy for Choking]

>
> ----- Original Message -----
> From: "terri Skipper" <ronnienterri@mindspring.com>;
<tskip@mindspring.com>
> To: <lotus476@aol.com>
> Cc: "Anne & Danny" <annendan@earthlink.net>
> Sent: Thursday, March 01, 2001 5:36 PM
> Subject: Fw: TEXAS Remedy for Choking]
>
>
> >
> > ----- Original Message -----
> > From: <CARGOMOODY@aol.com>
> > To: <plantation@ala.net>; <ronnienterri@mindspring.com>
> > Sent: Thursday, March 01, 2001 3:12 PM
> > Subject: Fwd: TEXAS Remedy for Choking]
> >
> >
> > >
> > >
> > > <<
> > >  > >    >Two cowboys from Texas walk into a roadhouse to
> > >  > wash the trail
> > >  > >dust
> > >  > >    >from their throats. They stand at the bar,
> > >  > drinking a beer and
> > >  > >talking
> > >  > >about
> > >  > >    >current cattle prices.  Suddenly, a woman at a
> > >  > nearby table,
> > >  > >who is eating
> > >  > >a
> > >  > >    >sandwich, begins to cough. After a minute or so,
> > >  > it becomes
> > >  > >apparent that
> > >  > >    >she is in real distress.
> > >  > >    >
> > >  > >    >One of the cowboys looks at her and say, "Kin ya
> > >  > swaller?" The
> > >  > >woman shakes
> > >  > >her head, no.
> > >  > >"Kin ya breathe?"  The woman begins to turn blue
> > >  > and shakes her head.
> > >  > >    >
> > >  > >    >The cowboy walks over to the woman, lifts up the
> > >  > back of her
> > >  > >dress, yanks
> > >  > >    >down her panties, and slowly runs his tongue from
> > >  > the back of
> > >  > >her thigh up
> > >  > >    >to the small of her back. The woman is so
> > >  > shocked, that she has
> > >  > >a violent
> > >  > >spasm
> > >  > >    >and the obstruction flies out of her mouth.
> > >  > >    >
> > >  > >    >As she begins to breathe again, the cowboy walks
> > >  > slowly back to
> > >  > >the bar
> > >  > >    >and takes a drink from his beer.  His partner
> > >  > says, "Ya know,
> > >  > >I'd
> > >  > >    >heard of that there "Hind Lick maneuver, but I
> > >  > ain't never seen
> > >  > >nobody do
> > >  > >    >it. >>
> > >
> > >
> >
>

Return-Path: <moodyredick@yahoo.com>
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Received: from [208.2.25.164] by web10202.mail.yahoo.com; Thu, 01 Mar 2001
06:18:36 PST
Date: Thu, 1 Mar 2001 06:18:36 -0800 (PST)
From: Sharon Redick <moodyredick@yahoo.com>
Subject: TEXAS Remedy for Choking]
To: Lynn Boyd <pooh2@graceba.net>, Glenda Moody <cargomoody@aol.com>
MIME-Version: 1.0
Content-Type: text/plain; charset=us-ascii
X-Mailer: Unknown (No Version)

This is awful!!

(Mama--thought Terri Skipper might enjoy it!)

SR

> > >Two cowboys from Texas walk into a roadhouse to
> wash the trail
> >dust
> > >from their throats. They stand at the bar,
> drinking a beer and
> >talking
> >about
> > >current cattle prices.  Suddenly, a woman at a
> nearby table,
> >who is eating
> >a
> > >sandwich, begins to cough. After a minute or so,
> it becomes
> >apparent that
> > >she is in real distress.
> > >
> > >One of the cowboys looks at her and say, "Kin ya
> swaller?" The
> >woman shakes
> >her head, no.
> >"Kin ya breathe?"  The woman begins to turn blue
> and shakes her head.
> > >
> > >The cowboy walks over to the woman, lifts up the
> back of her
> >dress, yanks
> > >down her panties, and slowly runs his tongue from
> the back of
> >her thigh up
> > >to the small of her back. The woman is so
> shocked, that she has
> >a violent
> >spasm
> > >and the obstruction flies out of her mouth.
> > >
> > >As she begins to breathe again, the cowboy walks
> slowly back to
> >the bar
> > >and takes a drink from his beer.  His partner
> says, "Ya know,
> >I'd
> > >heard of that there "Hind Lick maneuver, but I
> ain't never seen
> >nobody do
> > >it.
> > >
> >
>
>_________________________________________________________________
> >Get your FREE download of MSN Explorer at
> http://explorer.msn.com
> ><http://explorer.msn.com>
> >
> >
> >
>
>
_________________________________________________________________
> Get your FREE download of MSN Explorer at
> http://explorer.msn.com
>
>
>

__________________________________________________
Do You Yahoo!?
Get email at your own domain with Yahoo! Mail.
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Please read the following and let me know if you have any suggestions.

Thanks
---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 11/30/2000
12:01 PM ---------------------------

	Enron North America Corp.

	From:  Shona Wilson @ ENRON                           11/30/2000 10:35 AM

To: Jeffrey C Gossett/HOU/ECT@ECT, Peggy Hedstrom/CAL/ECT@ECT, Kathy
Reeves/CAL/ECT@ECT, Stacey W White/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT,
Martha Stevens/HOU/ECT@ECT, Monica Lande/PDX/ECT@ECT, Scott
Earnest/HOU/ECT@ECT, Michelle Bruce/HOU/ECT@ECT, Matt A Brown/HOU/ECT@ECT,
Sheila Glover/HOU/ECT@ECT, D Todd Hall/HOU/ECT@ECT, David
Maxwell/HOU/ECT@ECT, Clara Carrington/HOU/ECT@ECT, James New/LON/ECT@ECT,
Andrew Cornfield/LON/ECT@ECT, Heidi
Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jan-Erland Bekeng/AP/Enron@Enron,
Neil Hong/HOU/EES@EES, Warren Prihoda/HOU/EES@EES
cc: Bob M Hall/NA/Enron@Enron, Leslie Reeves/HOU/ECT@ECT, Brent A
Price/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, Mike Jordan/LON/ECT@ECT, Meredith
M Eggleston/HOU/EES@EES, Burton McIntyre/HOU/ECT@ECT, Chris Abel/HOU/ECT@ECT
Subject: daily reporting to Rick Buy

Rick Buy has requested that he receive the log of the book officialization
errors on a daily basis.  Previously, he was only receiving it weekly.
Because of this change, it will be necessary for risk contols to have a
complete explanation from your risk groups as to why errors happened.

The current process is as follows for Houston (using Houston time):
Books officialized in evening by risk management
7:30 am risk controls receives error listing (books which did not make it to
RisktRAC)
7:30 - 8:30 explanations obtained for error received from risk management
(Not all explanations are obtained by 8:30)
8:30 meeting to discuss previous night's officialization process and general
processes
9:00 close obtain explanations not obtained before meeting
Wed pm - weekly consolidated report sent to business controllers and RAC

The process needs to change so that we receive all explanations before the
8:30 meeting.  I know that many groups identify errors the night before via
the benchmark or reviews of RisktRAC.  Hopefully, all groups are moving in
this direction.  Since the log will go out each day, each of you need to look
at the current process you have in place and determine how you can get us the
information prior to the 8:30 meeting.

We are trying to put the following process in place (for Houston):
Books officialized in evening by risk management including risk management
ensuring RisktRAC has all required information, errors noted and an e-mail
sent to risk controls
7:30 am risk controls receives error listing (books which did not make it to
RisktRAC)
7:30 - 8:30 explanations obtained for error received from risk management (if
not received the night before) and log updated
8:30 meeting to discuss previous night's officialization process and general
processes
Log sent to bus. controllers, RAC - daily

Note:  I know that London, Sydney, and Japan have different processes.  We
have to work with your current processes to ensure that risk controls
receives info on time.


I went through our Lotus Notes Master Swap Agreement Database and determined
that the following masters do not permit power:

The Bakersfield Californian    newprint only
Bayerische Hypo-und Vereinsbank AG   no commodity transactions
CGAS, Inc.      natural gas only (are currently shut down for trading because
authority certificate only covered one trade)
Coastal Gas Marketing Company   natural gas transactions only
Credit Lyonnais New York Branch (AAA Program) no commodity transactions
E.W. Scripps Company (The)    48.8 gram newsprint swaps only
Lehman Brothers Special Financing, Inc.   no commodity transactions.  Weather
is ok
Mellon Bank NA     FX and currency option transactions only
Midland Bank plc     FX and currency option transactions only
National Westminster Bank    FX and currency option transactions only
Palladium Insurance Limited    weather only
Phibro, Inc.      energy price swaps based on fixed and floating prices of
natural gas, crude oil or oil products and/or call        and put options
based on the prices of natural gas, crude oil or oil products

Praxair, Inc.      natural gas only
PXRE Corporation     weather only
St. Paul Re (Bermuda) Ltd.    weather only
Tempest Reinsurance Company Limited  weather only
Westdeutsche Landesbank Gironzentrale  FX and currency option transactions
only


Hey Everyone,

I reserved the West Point Inn for a December 9th get together.  It
should be a good time for sitting by the fire, drinking egg nog and
white russians, and hanging out with friends.  I hope you all can make
it.  Please let me know.  Also, let me know if you want to invite any
friends.

 <<WPI12k9.doc>>

Sean

 - WPI12k9.doc


Termination letter setting Termination Date as 1/25/02.
Terminates the ISDA Master Agreement and deal nos. Y23821.1 and Y20976.1.
ENA owes $604,957.62 and "calculations" are attached.

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


Per Sally's instructions - I am forwarding this document to you.

Patti x39106
---------------------- Forwarded by Sally Beck/HOU/ECT on 07/10/2000 08:46 AM
---------------------------

Brent A Price
07/05/2000 01:15 PM
To: Fernley Dyson/LON/ECT@ECT, Tim Poullain-Patterson/LON/ECT@ECT, Andrew
Cornfield/LON/ECT@ECT, Naomi Connell/LON/ECT@ECT, Eric Gadd/LON/ECT@ECT,
Barry Sangster/LON/ECT@ECT, Steve W Young/LON/ECT@ECT, Tim
Davies/LON/ECT@ECT, Lloyd Fleming/LON/ECT@ECT, David Port/Market
Risk/Corp/Enron@ENRON, Mike Jordan/LON/ECT@ECT, Richard Sage/LON/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron
Subject: MG Controls Review

Attached is a preliminary draft of the findings and proposed action steps for
the MG - London controls review that was conducted this past week.  These
findings arise solely out of discussions with key MG personnel who are listed
within the attachment.  AA&Co. are still in the process of conducting the
deal test which should be completed by Monday.  Any significant findings as a
result of the deal test will then be added to this document.  Please review
and direct any questions or comments back to me or Tim Poullain-Patterson by
Monday, July 10.  Thanks.


Community Relations brought the Matching Gift and Volunteer Incentive Programs into the 21st Century - the programs are now on-line!

Congratulations to the following individuals, who won the Enron Matching Gift Program Contest!  Each of them was able to designate $1,000 to up to two charities of their choice.

Michelle Cash chose The Post Oak School.

Rita Homan chose Juvenile Diabetes Foundation of Omaha and The St. Pius/St. Leo Educational Trust Fund.

Harald Jensen chose Tejas Home for Youth and The United Way of the Texas Gulf Coast.

Heather Johnson chose Urban Business Initiative.

Rebecca Skupin chose Stages Repertory Theatre.

If you would like to make a donation to an eligible non-profit organization and have Enron match it dollar-for-dollar, please log onto cr.enron.com and then click on Matching Gift and VIP.


---------------------- Forwarded by Hunter S Shively/HOU/ECT on 08/22/2000
09:38 AM ---------------------------

	Invitation
Chairperson: John P Tollefsen
Sent by: Terry Furches

Start: 08/30/2000 01:30 PM
End: 08/30/2000 02:30 PM

Description: Weekly Market Intelligence Status Meeting
EB32c2 (Invite for Reoccuring Meetings)

This meeting repeats every week on Wednesday starting on 08/30/2000 for 6
months.
Meeting Dates: 08/30/2000, 09/06/2000, 09/13/2000, 09/20/2000, 09/27/2000,
10/04/2000, 10/11/2000, 10/18/2000, 10/25/2000, 11/01/2000, 11/08/2000,
11/15/2000, 11/22/2000, 11/29/2000, 12/06/2000, 12/13/2000, 12/20/2000,
12/27/2000, 01/03/2001, 01/10/2001, 01/17/2001, 01/24/2001, 01/31/2001,
02/07/2001, 02/14/2001, 02/21/2001

Hunter S Shively/HOU/ECT@ECT
Chris Gaskill/Corp/Enron@Enron
Geoff Storey/HOU/ECT@ECT
George Hopley/HOU/ECT@ect
Lloyd Will/HOU/ECT@ECT
Madhup Kumar/Corp/Enron@ENRON
Colin Tonks/LON/ECT@ECT

Detailed description:


fyi.  Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 11/07/2000
12:23 PM ---------------------------

	From:  Kevin McGowan @ ENRON                           11/06/2000 03:19 PM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: SO2 position and curve

Jeff,

Our inventory (physical position) is aprox 494,000 credits long which at
roughly $125/credit value for the strip (2000-2010) would have an asset value
of $62 million.  Give me a call for an explanation of our position report
below.

KJM
---------------------- Forwarded by Kevin McGowan/Corp/Enron on 11/06/2000
03:09 PM ---------------------------

	From:  Adam Siegel                           11/06/2000 01:08 PM

To: Kevin McGowan/Corp/Enron@ENRON
cc:

Subject: SO2 position and curve


FYI,

I will be out of the office on tomorrow, October 19th.  In my absence, please contact Alexandra Villarreal @ x30409 for assistance.

Thank you,

Irena Hogan
Sr. Administrative Assistant
Enron Americas
(713) 853-6143


Sara,

Can you tell me whether ENA has an ISDA with Citibank and what entity it is
with. I am contemplating doing an interest rate swap with them.

Regards,

Shane


Name
Address

Dear ______,

As requested, please find the enclosed pictures showing the damage to the
Peter Shire Teapot shipped to me from Historical Design in New York City.  I
have retatined all original packing, the box, and the Fed Ex slip, as well as
the piece itself if you need further information.

I appreciate your speedy attention to this claim.  If I can be of further
assistance, please call.  You may also reach Daniel Morris at Historical
Design at (212) 593 4528 for more information as well.

Regards


Kay, are we in London during this event?
Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 02/19/2001
11:07 AM ---------------------------

Kerry Ferrari
02/14/2001 10:34 AM
To: David W Delainey/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT
cc:
Subject: EES Europe Night Out - 6th March 2001

Dave/Janet

If you are in Europe that week, I would really appreciate you both coming
along and showing us all how to line dance, (we hear you're both really good
at it).

Regards

Matthew
---------------------- Forwarded by Kerry Ferrari/LON/ECT on 14/02/2001 16:33
---------------------------

	Calendar Entry

Brief description:
Date:
Time:

EES Europe Night Out @ Texas Embassy!!
06/03/2001
18:30 - 23:00

Detailed description:

EES Europe Team Event
On Tuesday 6th March @ 18.30
Mosey on down to the Texas Embassy

For Line Dancing with a Live band, Food & Drink

Texas Embassy
1 Cockspur Street
Trafalgar Square
London SW1Y 5DL

Please accept this invite, if you intend to come.

Invitations have been sent to: Enron Europe EES Group
_________________________________________________________________________
Chairperson: Kerry Ferrari/LON/ECT


Carol,

This is all I show, which I think is what you already have.

gf

	Carol St Clair
	05/07/2001 01:09 PM

		 To: Genia FitzGerald/HOU/ECT@ECT
		 cc:
		 Subject: CP&L EEI Master

Genia:
Could you please send me the latest draft of the above Master as it is not
clear from the file whether a new draft responding to their 1/31 comments was
ever sent?  Also, has Rhonda set me up for access to the database?

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


Did you "make the call"? Or is this decision still outstanding?

 -----Original Message-----
From: 	Thompson, Virginia
Sent:	Tuesday, August 28, 2001 4:15 PM
To:	Williams III, Bill
Cc:	Symes, Kate
Subject:	MPC March 2001

Bill-

  As we have been back and forth for 5 months now, there has to be a decision made on the Montana Imbalance piece for March 2001.
  Kate and I have done everything to find information to support ours or MPC's numbers and we have knocked out most of the issues, however, there are 6 discrepancies that we do not agree on and both we and MPC are standing on our numbers. I have filled out tape requests for these 6.  Please keep in mind, though, that we do not have access to these tapes(and have not had since April). These requests will go to Tim.

  Five disputes are for MW or to add a deal.  These will be deals that we will not be negatively affected by as we will pass them thru to another counterparty.  The only problem I can forsee is that the other counterparty will dispute the 'pass thru', especially since we have already checked out with them.
  Only one dispute (a pricing issue) could potentially leave us with a negative $1500 DPR.

  I need you to make the call today.  Kate has the tape requests in her posession as well as all of the backup information from the research that we have done.

  If I don't hear from you by tomorrow morning, I'll adjust our system according to MPC's numbers until I do.

  Thanks,

  Virginia


I am pleased to announce that Mairead Tynan has joined the conference and
membership department.  Mairead will work in the New York office and report
to Mary Cunningham.  With the addition of Mairead, the conference and
membership department is now back up to full strength.


John:
We were okay with your additional LC language.  I will fax to you some nits
on the last draft so that hopefully we can get this finalized.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


I'll be there.  Large/0413/105657

 -----Original Message-----
From: 	Simmons, Linda J.
Sent:	Thursday, August 30, 2001 8:46 AM
To:	Arap, Sami; Aronowitz, Alan; Asmus, Deborah; Blaine, Michelle; Brownfeld, Gail; Bruce, Robert; Bushman, Teresa G.; Calo, Andrea; Carolan, Dominic; Cash, Michelle; Castano, Marianne; Clark, Barton; Cook, Mary; Corbet, Nancy; Cortez, Michael; Crady, Ned E.; Culver, Deborah; Daniels, Eddy; Darmitzel, Paul; Davis, Angela; Del vecchio, Peter; Dickson, Stacy E.; Dietrich, Sarah; Donovan, Elisa; Edison, Andrew; Erwin, Ben; Erwin, Kenton; Essandoh, Edwin; Evans, Angie; Evans, Mark (London Legal); Freed, Richard; Gaffney, Chris; George, Carolyn; George, Robert H.; Gleason, Laurel; Gray, Angela M; Gray, Barbara N.; Greenberg, Cal; Greenberg, Mark; Gresham, Kirk; Gresham, Wayne; Haedicke, Mark E.; Hall, Steve C. (Legal); Hansen, Bob; Hansen, Leslie; Harkness, Cynthia; Heard, Marie; Hendry, Brent; Henry, Joseph; Higgason, Kelly; Hodge, Jeffrey T.; Hrabik, Joe; Johnson, Adam; Johnston, Greg; Jones, Adell; Jones, Karen E.; Kavieff, Pam; Keller, James; Keohane, Peter; Keyser, Marty; Koehler, Anne C.; Lee, Matthias; Leite, Francisco Pinto; Lindeman, Cheryl; Lundstrom, Bruce; Lyons, Dan; Mann, Kay; Martinez, Vicky; Maynard, Michelle; McBride, Jane; McCarrel, Steven; McCullough, Travis; Merten, Eric; Minns, David; Moore, Janet H.; Murphy, Harlan; Murray, Julia; Nelson, Aaron; Nelson, Bonnie; Nelson, Cheryl; Nemec, Gerald; Nettelton, Marcus; Nissan, Limor; Novak, John; Pais, Randy; Portz, David; Powell, Bob; Powell, Mark; Ralston, Andrew; Rapp, Bill; Rasmussen, Dale; Rivera, Coralina; Robison, Michael A.; Rogers, Daniel R.; Roland, David; Rossi, Robbi; Sager, Elizabeth; Sanders, Darren; Sanders, Richard B.; Sayre, Frank; Schuler, Lance (Legal); Schwartzenburg, John; Shackleton, Sara; Sharp, Vicki; Smith, Mike; Sole III, Carlos; St. Clair, Carol; Stoler, Lou; Taylor, Mark E (Legal); Tweed, Sheila; Van Hooser, Steve; Viverito, John; Watanabe, Luiz; Williams, Robert C.; Wu, Andrew; Yoder, Christian
Cc:	Adams, Suzanne; Assaf, Lisa; Crawford, Sharon; Dobbs, Kristi; Doucette, Margaret; Elbertson, Janette; Farrell, Keegan; Garcia, Nita; Garner, Joanne; Gonzalez, Esmeralda; Griffin, Vanessa; Haldeman, Sandy; Keesler, Martha; King, Jan M.; Martinez, MaryHelen; Oliver, Shirley; Rozycki, Joanne; Sietzema, Linda; Spencer, Becky; Sweet, Twanda; Truss, Stephanie; Wright, Alice; Zucha, Theresa
Subject:	Legal Conference - October 11 and 12, 2001

SENT ON BEHALF OF LISA MELLENCAMP

Please save the date!

For those new to the EWS legal group and as a reminder to those who are not, we are having our annual EWS Legal Conference at The Woodlands on Thursday afternoon and Friday morning, October 11 and 12, 2001.

The meeting will begin with lunch on Thursday at 12:00 noon followed by speakers beginning at 1:00 p.m.   The meeting will conclude at 12:00 noon on Friday.

Please RSVP to Linda Simmons as soon as possible.  When responding please include your company and rc number.  Also, we need your shirt size (S, M, L, XL, 2XL).

Soon you will receive another e-mail about the various leisure activities that are being planned.

We look forward to seeing everyone at the conference.

Linda Simmons
Enron North America Corp. - Legal
1400 Smith St., EB3833A
Houston, Texas  77002
Tel:  (713) 345-7851
Fax: (713) 646-3393
E-mail:  linda.j.simmons@enron.com


I have to leave work early tomorrow at 5 p.m. for an appointment.
 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Tuesday, October 23, 2001 6:23 PM
To:	Boyd, Samantha; Cook, Mary; Gray, Barbara N.; Heard, Marie; Hendry, Brent; Jones, Tana; Koehler, Anne C.; Leite, Francisco Pinto; Taylor, Mark E (Legal); Nelson, Cheryl; Panus, Stephanie; Sayre, Frank; Bailey, Susan
Cc:	Rozycki, Joanne
Subject:	Wednesday, October 24

I have an 8:30 a.m. doctor's appointment.

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


Thanks Jim!

I will talk with EWS.  Last time I did they were indifferent between Cinergy and ComEd and because of the uncertainty, I thought it better not to commit to something until we get closer to the date and we have a better idea of what we want - also because what we want may change.  It's more important at this point just to get the concept in front of the ICC.

You are right on the parking, but in the event that when customers are off PPO and there is no monthly public index, I wanted to make absolutely sure we had an out.

Good question.  Harvill said that if we wait for a good functioning wholesale market it will take 25 years and they were not going to do that.  I n the meeting I stated that the ICC should put more pressure on COmEd to fix the problems with the RTO, but I emphasized the imbalance issue.  I agree that I could clarify the letter to say fix the imbalance problems and that would be perhaps an acceptable compromise to fixing the whole RTO.  That would let us physically deliver.

Janine

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Monday, October 29, 2001 3:50 PM
To:	Migden, Janine
Cc:	Kingerski, Harry
Subject:	RE: ICC Meeting

Janine --

Good job.

On the hourly market price index, until we have LMP dispatch, the best we can do is a public index.  Let's not ask for too much.  Just something we can hedge against.  Can you talk with the EWS folks for the best index option???

Also, if the default is a monthly public index, why do the customer's need any "parking"?  They can move directly to the new option.

What is your definition of "functioning wholesale market"?  Are we stating that unless an RTO is running, we can't get rid of the PPO?  Maybe just resolve the Imbalance issue.  More specifics would be helpful.

Thanks,

Jim

 -----Original Message-----
From: 	Migden, Janine
Sent:	Monday, October 29, 2001 3:42 PM
To:	Ader, Jeff; Allegretti, Daniel; Baughman, Edward D.; Bernstein, Mark; Boston, Roy; Burrows, John; Clynes, Terri; Courtney, Mark; Decker, Charles; Detina, Ken; Frazier, J Ryan; Gahn, Scott; Hueter, Barbara A.; Kingerski, Harry; Letke, Eric; Lewis, James; Mastrangelo, Lino; Merola, Jeff; Migden, Janine; Nicolay, Christi L.; Persson, Roger; Roan, Michael; Sewell, Doug; Shapiro, Richard; Sharfman, Guy; Sharp, Greg; Snyder, Brad; Steffes, James D.; Stoness, Scott; Landwehr, Susan M.; Ulrich, Marc; Whalan, Jubran; Wood, James; Young, Ress
Subject:	ICC Meeting

The ICC Energy Committee held a meeting to discuss ComEd's proposal to drop the PPO.  We argued that this should not be allowed until the wholesale market/delivery issues are dealt with because otherwise customers will have no choice but to return to ComEd at the higher bundled rate.  The good news is that a rather lengthy discussion on this issue ensued as a result.  The industrial customer group and Mid American Energy supported our views; however AES New Energy said that this was not a problem for them.

We also commented that once the PPO goes away it should not be resurrected due to the uncertainty it would create in the market.  ComEd responded that under the statute they can not offer to waive the PPO but could negotiate an arrangement on the CTC if approached by the customer.  This would mean that we could negotiate on behalf of all our customers regarding the CTC.

We have the opportunity to file comments to the Commissioners before the actual filing.  A draft is attached.

 << File: Commissioner Terry Harvill.doc >>

If you have any comments, please respond by the end of the week.


David-

The 22nd or 24th would work better for me.  Please check with the others on
which day is more convenient.

Thanks,

Susan

David Moss <CityMgr@southside-place.org> on 05/14/2001 09:01:43 AM
To: "'susan.w.pereira@enron.com'" <susan.w.pereira@enron.com>
cc:
Subject: Comprehensive Planning RFP Submittals

Susan:

Staff has received the following RFP documents.

Civic Design
Wilbur Smith Associates
Vernon G. Henry and Associates

I will be leaving you a copy of the RFP at your house this evening.

As three days is required for public posting, staff would like to schedule a
meeting of members to review and score the written proposals.

Would you be available on May 21, 22 or 24?  A budget workshop with council
is scheduled for May 23.

Interviews are scheduled for May 29.

Please advise staff as to these available dates for you.  I would be more
than happy to e-mail the other members based upon your comments.

dnm


Southern Trails proposed, at an estimated cost of $155,000,000, a pipeline
project consisting mostly of 693 miles of crude oil pipeline acquired from
ARCO.  Ten percent of the project would be new construction and the remainder
would be conversion of the crude oil line to gas service.  The pipeline
system would be divided into an East Zone and a West Zone.  The East Zone,
which will begin in the San Juan Basin and end at the California border, will
have 87,500 Dth/d of available capacity.  The West Zone, wholly within
California, will have 120,000 Dth/d.

Southern Trails received certificate authority for the project on July
28,2000.  An optional certificate application does not require any showing of
market need; however, Southern Trails did hold an open season from Sept. to
Oct. 1998 during which it received 22 bids totalling 810,000 Dth/d of
demand.  The order issuing the certificate did not say how much of the
capacity had been subscribed, only that Southern Trails had contracted with
its affiliate, Questar Energy, for 30,000 Dth/d of firm capacity in theh East
Zone for 5 years and one month, and taht firm transportation service
agreements of 5 and 10 year terms are "being negotiated" with prospective
shippers which, if executed, would subscribe the balance of the capacity in
both the East and West zones.

TW is an intervenor in this docket so I have received everything that has
been filed.  I have no further information about any further subscription of
capacity.  I also have no information regarding any progress that has been
made on construction.
If you need a more detailed summary of the proposal that was filed at FERC,
or if you have any other questions, please let me know and I'll see what I
can find.  I've got the entire environmental report in my office if we need
that for any reason!


The PGA Tour Championship will be held at the Champions Golf Club on October 29 - November 4, 2001.  This year, EES and EWS have joined together to provide a unique customer entertainment option at this event.  Instead of the normal hospitality tent at the course, we have obtained a house that overlooks the 18th fairway and 17th tee box.  Food, beverages and shuttle service will be provided daily.  Due to security issues, no personal cars will be allowed to park at the house.  Attached is the preliminary program agenda and shuttle service information.

EWS has access to 25 tickets daily.

To order tickets, please send an E-Mail Request to Laura Pena including the following information:
Name, title and location of requestor
Company name
Department name
Number of tickets
(No charge will be allocated to individual cost centers)

Dorie Hitchcock
Event Manager
Enron
1400 Smith Street
Suite 3640a
Houston, TX  77002
Telephone:  (713) 853-6978
Fax:  (713) 646-5800
Cell:  (713) 594-7093
E-Mail:  dorie.hitchcock@enron.com


Here's the email. Any questions, give me a call. Per
---------------------- Forwarded by Per Sekse/NY/ECT on 08/21/2000 10:50 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Per Sekse                           08/10/2000 02:56 PM

To: John J Lavorato/Corp/Enron@Enron
cc: Fred Lagrasta/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT
Subject: Hedge Fund Update & Summary

Fred asked me to pull together an update for you on our dealings with Hedge
Funds. Look forward to seeing you at 2PM today.

We have active trading relationships with two hedge Funds, Tudor & Ospraie,
and have documentation negotiations under way with 11 others. In addition, we
were trading with Tiger earlier in the year before they closed down. The
commodity traders I dealt with at Tiger (Paul Touradji & Rob Ellis) are in
the process of setting up their own hedge fund and will trade with us again
in late Autumn once they get their paper work in order.

2000 Hedge Fund Origination Summary

Tiger   $112,000  (began trading in Dec 99 and stopped in Mar 00)
Tudor   $384,700 (began trading in Mar 00)
Ospraie  $589,940 (began trading in May 00)

Total year to date $1,086,640 (My budget est for 2000 is approx $2mm)

I've attached two files. The first is a spread sheet with all our hedge fund
trades year to date in detail. In there you will see a tab for work in
progress, these are the funds I am targeting to get signed on for trading
with us and the state of play with each.  The second is a word document
listing the hedge funds I have had contact with.  While the Hedge Fund
universe is large, 1500-2000 easily, the ones that trade commodities and more
specifically trade OTC rather than futures are limited. The entire universe
is probably no more than 30-50 names, many of which are too small to bother
with. For the most part I look for them to have $100mm under management since
the allocation to energy commodities is usually a small percent of that, e.g.
10-15%. A few of them, however, specialize in commodities and represent my
priority target clients.

Per


i think ive been a little too nice lately, i didnt want to spoil you

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, November 27, 2001 10:02 AM
To:	Maggi, Mike
Subject:	RE:

why are you being so mean to me?


Stuart,

I have difficulties opening the attachment.
Please, resend as a  .doc file  or  a   .pdf file.

Vince

"Stuart Russell Hamel" <hamel@ruf.rice.edu> on 04/30/2001 04:52:12 PM
Please respond to <hamel@rice.edu>
To: <vince.j.kaminski@enron.com>
cc: <jason.sokolov@enron.com>
Subject:

Dr. Kaminski:

Please see our attached paper.

Thank you,
Jed Howard, Brian Nelson, and
Stuart Hamel
(713) 218-8903

 - winmail.dat


Start Date: 4/25/01; HourAhead hour: 8;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042508.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 8 / Preferred: -625.00 / Final: -624.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/25/01
  TRADING_SC: NES1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


Jo Hillier-Smith
Owner Care Manager
Sunsail Worldwide Sailing Ltd
Tel: +44 (0) 2392 222215
Email: joh@sunsail.com
This e-mail and any attachment is intended for the named addressee(s)
only, or a person authorised to receive it on their behalf. The content
should be treated as confidential and the recipient may not disclose this
message or any attachment to anyone else without authorisation. Unauthorised
use, copying or disclosure may be unlawful. If this transmission is received
in error please notify the sender immediately and delete this message from
your e-mail system. Any view expressed by the sender of this message or any
attachment may be personal and may not represent the view held by the Company.

Sunsail Limited (Company Number 1239190) or Sunsail Worldwide Sailing
Limited (Company Number 1658245)? both with registered offices at The Port
House, Port Solent, Portsmouth, Hampshire, PO6 4TH, England

-----Original Message-----
From:?? Jo Hillier-Smith
Sent:?? Thursday, April 05, 2001 3:43 PM
To:???? 'dfarmer2@ei.enron.com'
Subject:??????? Payment

Good afternoon Mr Farmer

As I am sure you are aware we are in the procees of changing our banks, and
the new bank "Citibank" was not able to process our charter fees for the 1st
April, I , therefore have a cheque to send to you to cover this April
payment.? Please could you let me know the best address I can send this to,
you may want me to send it straight to you or to your bank.

I look forward to hearing from you.

With regards
Jo

Jo Hillier-Smith
Owner Care Manager
Sunsail Worldwide Sailing Ltd
Tel: +44 (0) 2392 222215
Email: joh@sunsail.com
This e-mail and any attachment is intended for the named addressee(s)
only, or a person authorised to receive it on their behalf. The content
should be treated as confidential and the recipient may not disclose this
message or any attachment to anyone else without authorisation. Unauthorised
use, copying or disclosure may be unlawful. If this transmission is received
in error please notify the sender immediately and delete this message from
your e-mail system. Any view expressed by the sender of this message or any
attachment may be personal and may not represent the view held by the Company.

Sunsail Limited (Company Number 1239190) or Sunsail Worldwide Sailing
Limited (Company Number 1658245)? both with registered offices at The Port
House, Port Solent, Portsmouth, Hampshire, PO6 4TH, England


I just got out of a meeting and read your e-mails. I have no idea why she
would have used this counterparty name, but looks like it's all taken care
of. Let me know if you need anything further on this.

Kate

Rhonda L Denton
02/12/2001 11:51 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Deal # 514237

Everything has been zeroed out so I guess its a moot point.
---------------------- Forwarded by Rhonda L Denton/HOU/ECT on 02/12/2001
01:51 PM ---------------------------

Rhonda L Denton
02/12/2001 01:50 PM
To: Kate Symes/PDX/ECT@ECT
cc:
Subject: Deal # 514237

Carla Hoffman put a deal under an inactivated CP.  Can you check it out.  We
should not be using inactivated CPs, and its an east CP.  Thanks for your
help.


Heres' the spreadsheet.  I added "regulatory intelligence and expertise"
right after the top 5.  Check it out.

Best,
Jeff


is the one with the curly hair the one that supposedly dates britney?  there
is no way she would go out with a geek like that.  you can come over
whenever.   you wont ruin my workout routine.


Your HR Generalist will be contacting you in the next few days to strategize
with you regarding the status of contractors in your group that have worked
nine or more months at Enron.     Our goal is to limit possible liability
that may exist within your group.   Please let us know what times would be
best for you to meet with us and we will schedule accordingly.

Hector G. McLoughlin, PHR
Human Resources
Enron Net Works
Office: 713-853-6703
Cell: 713-854-0839


Vince,

I'm very happy you found the presentation useful.
I'm working very closely with Adam Kulick who you probably know.
Please let me know if you have any questions or if you have any difficulty
opening the file.

Best regards,

Alla

-----Original Message-----
From: Vince J Kaminski [mailto:Vince.J.Kaminski@enron.com]
Sent: Monday, June 19, 2000 1:43 PM
To: Gil, Alla
Cc: Vince J Kaminski
Subject: Your presentation

Alla,

I enjoyed your presentation at Risk2000 last week.
I would appreciate an electronic copy of the documentation.

Vince Kaminski

Vincent Kaminski
Managing Director - Research
Enron Corp.
1400 Smith Street
Room EB1962
Houston, TX 77002-7361

Phone:    (713) 853 3848
Fax  :      (713) 646 2503
E-mail: vkamins@enron.com

 - RiskCongress.ppt


I have suggested that Mark Dilworth, one of the guys responsible for the web
site development, schedule some time with each of you to discuss the latest
Long Descriptions spreadsheet.  He can walk you through exactly how it works
for your commodities so you can make informed comments.


Mark,  Attached is a draft of the CMS Letter Agreement.  Please review and
lets discuss.  I am not sure I have the correct CMS entity.


----- Forwarded by David M Gagliardi/TTG/HouInd on 10/24/01 08:35 AM -----

                    "Gagliardi,
                    Michael"             To:     "'dgagliardi@reliantenergy.com'" <dgagliardi@reliantenergy.com>,
                    <mgagliardi@un        "'david.ricks@spotplus.com'" <david.ricks@spotplus.com>,
                    ocal.com>             "'tony.a.rogers@fritolay.com'" <tony.a.rogers@fritolay.com>
                                         cc:
                    10/24/01 07:11       Subject:     FW: True Orange E-Mail/Fax #103
                    AM

> -----Original Message-----
> From:         TruOrange@aol.com [SMTP:TruOrange@aol.com]
> Sent:         Tuesday, October 23, 2001 9:16 PM
> To:           TruOrange@aol.com
> Subject:           True Orange E-Mail/Fax #103
>
> True Orange E-Mail/Fax Service
> Volume 9, E-Mail/Fax #104, Tuesday, October 23, 2001
> Jerry Scarbrough's True Orange, P. O. Box 26530, Austin, Texas 78755 -
> Phone
> 512-795-8536
>
> Buckman Picks Horns over Heels; Browns Says UT Has "4-Game Season"
>
> Brad Buckman, a 6-9, 235-pound power forward from Austin Westlake who is
a
>
> national top 50 recruit, picked Texas over North Carolina Tuesday, saying
> the
> Longhorn basketball program is on the upswing and he wants to be a part
of
> it.
> He had said earlier that the lure of the ACC, where basketball reigns
> supreme, was very strong, but he told me today, "I've always wanted to go
> to
> Texas. This is where my heart is." His father, Brent, played on two
> national
> championship golf teams at UT and his mother, Tammy, also is a Texas
> graduate.
> But he said he also used his head in picking the Horns over the Tar
Heels.
>
> "After looking at it closely," he said, " I think Texas basketball is
> really
> on the upswing. They've signed two McDonald's All Americans (freshman
> point
> guard T. J. Ford of Fort Bend Willowridge and sophomore forward Brian
> Boddicker of Duncanville) in the last two years."
> They could make it three in three years because Buckman's stock soared
> this
> summer when he played in several top AAU tournaments and more than held
> his
> own against some of the nation's heralded big guys.
> Dave Telep, a national recruiting analyst, said he probably is one of the

> nation's top 25 recruits. "The reality is that while there are 25 guys
> with
> larger names, there probably aren't 25 better players in the class,"
Telep
>
> said. "He is athletic, can handle it some, he blocks shots, he shoots to
> medium-range and he scores in the post."
> Clifton McNeely, his coach at Westlake, also says he also works very hard
> to
> get better. "He's a very gifted player with a lot of talent to start
> with,"
> McNeely said, "but the best thing about him is his strong heart and work
> ethic. I don't think you could find anyone who works harder than he
does."
> McNeely also said he thinks Buckman "is the best player in Texas." There
> are
> some guards in the Dallas area who ranked higher nationally, but Buckman
> is a
> national top 50 recruit who is the kind of blue-collar inside player UT
> coach
> Rick Barnes loves to coach.
> Buckman averaged 20 points, 11 rebounds and 5 blocks for Westlake as a
> junior
> and was recruited by other top basketball programs across the country,
> including Missouri, UCLA, Kentucky and others.
> He is the first recruit to commit to Texas for the early signing period
in
>
> November. Barnes and his assistants are recruiting several other players,

> most of them in other states, and hope to sign a  sharp shooting guard
and
> a
> wing.
> * * * *
> Coach Mack Brown said Tuesday he and his assistant coaches have told the
> Longhorn players they "start a four-game season this Saturday at
> Missouri."
> He said the Longhorns, at 6-1 and with a No. 6 ranking in the BCS, have a

> chance to rise if they keep winning because a lot of the teams above them

> play each other or play other unbeaten teams. Oklahoma is No. 1 in the
BCS
>
> rankings and Nebraska is No. 2. They play Saturday in Lincoln, so one of
> them
> is destined to drop. UCLA is No. 3 in the BCS, but has to play at
> undefeated
> Washington State later this season, and Miami and Virginia Tech are  No.
4
>
> and 5, but they play in the final regular-season game for both teams.
> For those of you who still want to think about a national title this
> season,
> it is a long, long shot. First, OU would have to lose to Nebraska and
> either
> Texas Tech or Texas A&M, and then Texas would have to beat Nebraska in
the
>
> Big 12 title game. Then all but one of the major unbeaten teams would
have
> to
> lose a game so it wound up like last year when OU was the only unbeaten
> team
> and played once-beaten Florida State for the national title.
> It could happen, but don't bet on it. I think the Horns have a great
> chance
> to finish 10-1, but I doubt that all but one of the unbeaten teams will
> lose.
> INJURY NOTE: It looks like LB Lee Jackson and DE O. J. McClintock, both
> fourth-year seniors, will redshirt and return next year. Both have been
> out
> with injuries all season and Brown said Tuesday there are no plans to
play
>
> them. He said Jackson is still having troubles with his toe and his leg.
> He
> said McClintock "could have played Saturday, but we're not going to play
> him
> unless we need him."
> RECRUITING NOTES: The Longhorns are still recruiting WR Robert Timmons of

> Flower Mound Marcus who committed to Florida Monday, and LB Michael
> Williams
> of Lindale, who ways he is a "soft commitment" to Oklahoma, but who has
> scheduled an official visit to Texas the Dec. 14 weekend.
> * * * *
> My next e-mail/fax will be whenever events warrant.
> * * * *
> The True Orange E-Mail/Fax Service includes  at  least  99 fax/e-mails  a

> year and costs $99 ($79 by E-Mail). The True Orange Newsletter includes
> 26
> newsletters and is published weekly during football season and twice
> monthly
> during most of the other months. It costs $45. Save by subscribing to
both
>
> for $130 (or $110 if you take the faxes via E-Mail  or $99 if you take
> both
> services via E-Mail). Send check  to address at the top of page. I also
> update my 900 number - 1-900-288-8839 - daily with recruiting news. My
> E-Mail address is: truorange@aol.com.


Call Ron Carroll 703-322-1955 (home)
202-828-5872


Thanks, but for some reason they didn't come across.  Could you resend?
Thanks.

Best,
Jeff