http://216.32.180.250/cgi-bin/linkrd?_lang=EN&lah=1b528fca4b41ea95628969c6cfd2c090&lat=1003793331&hm___action=http%3a%2f%2fbiz%2eyahoo%2ecom%2frb%2f011022%2fbusiness_utilities_enron_dc_4%2ehtml
Yeah, I believe you...  I was under the influence and I didn't even believe the crap you were spouting...  Doors closing, next stop - HELL,[IMAGE]
Take care bud
S out.
>From: Jason.Wolfe@enron.com
>To: sumitb23@hotmail.com
>Subject: RE: FW: football
>Date: Tue, 16 Oct 2001 11:25:43 -0500
>
>I'm up on all that. I was on my way to Portland, so couldn't pick up
>Canidate. However, it looks
>like Faulk only has bruised bone and will be back in 1-2 weeks.
>Shaun Alexander was the big miss, that guy could be a stud.
>We won again, and are 4th in the league with a good shot to win our next 2.
>Surprising, considering how shitty Thrash has become.
>
>I will be back from Portland Wed night so I will probably see you at some
>point.
>J
>
> -----Original Message-----
> From: "Sumit Bhattacharya" @ENRON
> Sent: Tuesday, October 16, 2001 9:07 AM
> To: Wolfe, Jason
> Subject: Re: FW: football
>
> http://games.espn.go.com/content/ffl/2001/story?page=waiverwirework5
> What's up J,
> coming in this weekend on Thursday. Better see you, bud.
> - S out.
> >From: "Wolfe, Jason"
> >To:
> >Subject: FW: football
> >Date: Thu, 6 Sep 2001 07:22:06 -0500
> >
> >
> > > > > > > Round one
> > > > > > > > 1) Molly Maguires - E. James
> > > > > > > > 2) Boston Squash - R. Gannon
> > > > > > > > 3) Snot Bubbles - M. Faulk
> > > > > > > > 4) Jimmies - D. Culpepper
> > > > > > > > 5) ESL Murder Dawgggs - P. Manning
> > > > > > > > 6) Steelmania - Randy Moss
> > > > > > > > 7) Bucs - Eddie George
> > > > > > > > 8) Bronx Bombers - Jeff Garcia
> > > > > > > > 9) Pump N Go Deep - Kurt Warner
> > > > > > > > 10) Crack Stack - Fred Taylor
> > > > > > > > 11) sealitup - Donovan McNabb
> > > > > > > > 12) new - Brett Favre
> > > > > > > >
> > > > > > > > Round two
> > > > > > > > 13) new - Marvin Harrison
> > > > > > > > 14) sealitup - Stephen Davis
> > > > > > > > 15) Crack Stack - Brian Griese
> > > > > > > > 16) Pump N Go Deep - Curtis Martin
> > > > > > > > 17) Bronx Bombers - Tim Brown
> > > > > > > > 18) Bucs - Terrell Owens
> > > > > > > > 19) Steelmania - Corey Dillon
> > > > > > > > 20) ESL Murder Dawgggs - Tony Gonzalez
> > > > > > > > 21) Jimmies - Ricky Williams
> > > > > > > > 22) Snot Bubbles - Brad Johnson
> > > > > > > > 23) Boston Squash - Issac Bruce
> > > > > > > > 24) Molly Maguires - Trent Green
> > > > > > > >
> > > > > > > > Round Three
> > > > > > > > 25) Molly Maguires - Keyshawn Johnson
> > > > > > > > 26) Boston Squash - L. Tomlinson
> > > > > > > > 27) Snot Bubbles - Cris Carter
> > > > > > > > 28) Jimmies - Rod Smith
> > > > > > > > 29) ESL Murder Dawgggs - Duce Staley
> > > > > > > > 30) Steelmania - Derrick Alexander
> > > > > > > > 31) Bucs - Matt Hasselback
> > > > > > > > 32) Bronx Bombers - Lamar Smith
> > > > > > > > 33) Pump N Go Deep - Ed McCaffrey
> > > > > > > > 34) Crack Stack - Torry Holt
> > > > > > > > 35) sealitup - Joe Horn
> > > > > > > > 36) new - Ricky Watters
> > > > > > > >
> > > > > > > > Round 4
> > > > > > > > 37) new - Eric Moulds
> > > > > > > > 38) sealitup - Jamal Anderson
> > > > > > > > 39) Crack Stack - James Stewart
> > > > > > > > 40) Pump N Go Deep - Warrick Dunn
> > > > > > > > 41) Bronx Bombers - Jimmy Smith
> > > > > > > > 42) Bucs - Micheal Strahan
> > > > > > > > 43) Steelmania - Amani Toomer
> > > > > > > > 44) ESL Murder Dawgggs - David Boston
> > > > > > > > 45) Jimmies - Wayne Chrebet
> > > > > > > > 46) Snot Bubbles - Germane Crowell
> > > > > > > > 47) Boston Squash - Ahman Green
> > > > > > > > 48) Molly Maguires - Brian Urlacher
> > > > > > > >
> > > > > > > > Round Five
> > > > > > > > 49) Molly Maguires - Michael Bennett
> > > > > > > > 50) Boston Squash - Warren Sapp
> > > > > > > > 51) Snot Bubbles - Robert Porcher
> > > > > > > > 52) Jimmies - Shannon Sharpe
> > > > > > > > 53) ESL Murder Dawgggs - Jerome Bettis
> > > > > > > > 54) Steelmania - Chad Lewis, Phi
> > > > > > > > 55) Bucs - Derrick Brooks
> > > > > > > > 56) Bronx Bombers - London Fletcher - DL STL
> > > > > > > > 57) Pump N Go Deep - Antonio Freeman
> > > > > > > > 58) Crack Stack - Muhsin Muhammad
> > > > > > > > 59) sealitup - Travis Taylor
> > > > > > > > 60) new - Ray Lewis
> > > >
> > > >
> > > > > > > > Round Six
> > > > > > > > 61) new - Freddie Jones (TE--SD)
> > > > > > > > 62) sealitup - Frank Wycheck
> > > > > > > > 63) Crack Stack - La'Roi Glover
> > > > > > > > 64) Pump N Go Deep - Tiki Barber
> > > > > > > > 65) Bronx Bombers - Oronde Gadsden - WR MIAMI
> > > > > > > > 66) Bucs - James McKnight
> > > > > > > > 67) Steelmania - Aaron Brooks
> > > > > > > > 68) ESL Murder Dawgggs - J Thrash
> > > > > > > > 69) Jimmies - Ryan Longwell
> > > > > > > > 70) Snot Bubbles - Jerry Rice
> > > > > > > > 71) Boston Squash - Charles Woodson
> > > > > > > > 72) Molly Maguires - Mike Brown , DB Chicago Bears
> > > >
> > > > > > > > Round Seven
> > > > > > > > 73) Molly Maguires - Peter Warrick
> > > > > > > > 74) Boston Squash - Michael Westbrook
> > > > > > > > 75) Snot Bubbles - Jevon Kearse
> > > > > > > > 76) Jimmies - Mark Brunell
> > > > > > > > 77) ESL Murder Dawgggs - J Galloway
> > > > > > > > 78) Steelmania - Tyrone Wheatley
> > > > > > > > 79) Bucs - Byron Chamberlain
> > > > > > > > 80) Bronx Bombers - Emmitt Smith
> > > > > > > > 81) Pump N Go Deep -
> >
> >
> >
> >
> >**********************************************************************
> >This e-mail is the property of Enron Corp. and/or its relevant
> affiliate and may contain confidential and privileged material for the
> sole use of the intended recipient (s). Any review, use, distribution or
> disclosure by others is strictly prohibited. If you are not the intended
> recipient (or authorized to receive for the recipient), please contact
> the sender or reply to Enron Corp. at
> enron.messaging.administration@enron.com and delete all copies of the
> message. This e-mail (and any attachments hereto) are not intended to be
> an offer (or an acceptance) and do not create or evidence a binding and
> enforceable contract between Enron Corp. (or any of its affiliates) and
> the intended recipient or any other party, and may not be relied on by
> anyone as the basis of a contract by estoppel or otherwise. Thank you.
> >**********************************************************************
>
> Get your FREE download of MSN Explorer at http://explorer.msn.com
>
>

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


-----Original Message-----
From: 	"Chris Dorland" <cdorland@hotmail.com>@ENRON
Sent:	Sunday, December 16, 2001 10:09 PM
To:	Dorland, Chris
Subject:	attempt 2

_________________________________________________________________
Join the world's largest e-mail service with MSN Hotmail.
http://www.hotmail.com

 - I don't know much...Nicole.doc


For some reason, the eRequests that you filled out never made it to
EnronOnline. Please re-submit your request following the instructions on the
attached document. Remember that you need to specify what applications you
need user ids and passwords to access (example: external website-EnronOnline,
Citrix Terminal Server Client, reports access).
Call me at x-53854 if you have any questions.
Carl


---------------------- Forwarded by Claire Broido/HOU/ECT on 02/25/2000 01:10
PM ---------------------------

Amelia Alder@ENRON
02/15/2000 02:14 PM
To: Amelia Alder/OTS/Enron@ENRON
cc:  (bcc: Claire Broido/HOU/ECT)
Subject: MS150 Registration

Just to clarify, if you are an Enron Cycling Club member, Enron will pay for
your registration.  Contact me or Stephanie Strong and we'll get you signed
up.  For non-Enron people who want to be on the MS150 Enron team, they can do
so by registering themselves and listing "Enron" as their team.  However,
they're not officially on the Enron team until we are notified, and we must
have their email address and phone number, also exact spelling of the name as
it appeared on the registration, or fax the registration form to 713-345-5755.

HERE'S A MESSAGE FROM THE MS SOCIETY:

Are you registered for the 2000 ISUZU MS 150 Bike Tour presented by The Home
Depot yet?

If not, then please join us for a registration Happy Hour this Thursday,
February 17 from 4:00 to 8:00 p.m. at the Hooters Restaurant located at 99
Woodlake Square Houston, TX 77063 . Click on the address for a map.

We're happy to announce that Hooters will again provide dinner at the new
finish line in Austin on Sunday, April 16. Applied Materials, located on
Highway 290 in Austin, will host the finish line this year. Look for their
team on the Tour led by Ken Haase. Maps of the route can be found online at
http://www.ms150.org/maps.htm and in the rider manual.

If you can't make it this Thursday, then join us at one of these other
Hooters locations:

Hooters Anderson Lane (Austin) - 5:30 to 8:00 on Tuesday, February 22
Hooters FM 1960 West - 4:00 to 8:00 on Thursday, February 24
Hooters Round Rock (Austin) - 5:30 to 8:00 on Tuesday, February 29
Hooters Riverside (Downtown Austin) - 5:30 to 8:00 on Tuesday, March 7
Hooters NASA - 4:00 to 8:00 on Thursday, March 9
Hooters Mangum - 4:00 to 8:00 on Thursday, March 16

For more information, please visit our official website: www.ms150.org where
you can register online, sign-up for online donations, and sign-up to
volunteer. It's fast, easy, and secure! If you're not planning to ride, then
join us as a volunteer. Check out the volunteer sign-up section on the
website where you can choose volunteer area(s) of your choice. As of
February 14, 492 people have registered online, 264 people have made online
donations in the amount of $9,886, 36 people have signed up to volunteer,
and 525 have signed up on our email subscription list. Click here to sign-up
for online donations: http://www.ms150.org/contribute.htm

Also, check out the Discussion Groups in the "Talk to" section of our
website. There are 3 different Discussion Groups where you can post
questions, suggestions, tips, advice, or comments about the bike tour.
Whether you're looking for tips on how to train for the ride or how to raise
money, you'll get your answers here. Click here to start talking:
http://www.ms150.org/talk2.htm

Thanks for supporting the National MS Society!

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

The National Multiple Sclerosis Society supports more MS research and serves
more people with MS than any national voluntary MS organization in the
world.

The National Multiple Sclerosis Society ... one thing people with MS can
count on.


-----Original Message-----
From: Dana.Davis@enron.com [mailto:Dana.Davis@enron.com]
Sent: Wednesday, August 23, 2000 10:03 AM
To: BJACKSON@SSWPC.COM
Subject: RE:

Well you know if could help a brother out with any spiritual repercussions,
you would be that brother.

Bobby Jackson <BJACKSON@SSWPC.COM> on 08/23/2000 09:23:48 AM

To:   "'Dana Davis'" <Dana.Davis@enron.com>
cc:
Subject:  RE:

The usual. CYA, being tired, figuring out when the next deadline is.  Last
but not least, being romantically deprived. OOOPs. There goes about a
dozens
eggs. Its omelette time............

-----Original Message-----
From: Dana Davis [mailto:Dana.Davis@enron.com]
Sent: Wednesday, August 23, 2000 9:21 AM
To: Bjackson@sswpc.com
Subject:

Good Morning BJ

What cha' doing over there?


Our game tonight is at 7:00.  Please try to make it by 6:30.

As of now we have eight people.

Tim - can you see if Micah can play again?


not my fault - like i knew that jamal was going to blow out his knee - i didn't offer terrell davis.

what do you want for torry?

 -----Original Message-----
From: 	Rabon, Chance
Sent:	Wednesday, October 10, 2001 8:01 AM
To:	Bass, Eric
Subject:	RE:

what about him?  you make me nervous, everyone you offer me for him gets hurt for the rest of the season.

 -----Original Message-----
From: 	Bass, Eric
Sent:	Wednesday, October 10, 2001 7:56 AM
To:	Rabon, Chance
Subject:

torry holt?


I love you.


The 2 products will be EPNG Socal Ehrenberg and PG&E Topock.  The reason why
we need to make these restricted products is so that we can prohibit El Paso
Merchant Energy from trading them.  The reason why we want to do this is that
El Paso Merchant Energy is refusing to trade with us, the Western region,
both on their online trading system, ICE, and also in the broker market.  We
feel that this is the appropriate action to take in order to keep the playing
field level.  I'm sure this will bring up some questions, which should be
directed to our VP, Mike Grigsby, if further explanation is needed.  Again,
the desk has just made the decision to trade the products in this way, and
they are asking me to make sure that we have the ability to roll them out on
eol by 2/28 at the latest.  Thanks for your help.


Jeff:
I don't but Trina may have an example of this.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)

	"Eldredge, Jeff" <jeldredge@velaw.com>
	05/17/2000 05:24 AM

		 To: "St. Clair, Carol (Enron)" <carol.st.clair@enron.com>
		 cc:
		 Subject: RE: 5/16 Draft of Swap Assignment

 Some of these references are in carveouts where they can only help
us, but in other places they seem problematic.  I think we need to focus on
the definition of Debt and how the references to balance sheets,
particularly the reference to Consolidated balance sheets, may capture
obligations of Principal Subsidiaries we thought we were avoiding?  Do you
have an example of a definition of Debt for use in an Enron cross-default
provision that doesn't reference Principal Ssubsidiaries?

Jeffrey E. Eldredge
Vinson & Elkins L.L.P.
Regis House
45 King William Street
London EC4R  9AN
Office Tel: (44-171) 618-6013
Fax: (44-171) 618-6001
Mobile Tel: (44) 0411 435 486

-----Original Message-----
From: Carol St Clair [mailto:Carol.St.Clair@enron.com]
Sent: 16 May 2000 16:32
To: jeldredge@velaw.com
Cc: Mark Evans; acurry@velaw.com; tchandler@velaw.com
Subject: 5/16 Draft of Swap Assignment

Jeff:
Now that Principal Subs has been taken out of the cross default provision,
is
there any need to refer to Subsidiaries in the definitions of Debt  or
Permitted
Receivables Purchase Facility ?

Carol St. Clair
713-853-3989 (Phone)
713-646-3393 (Fax)


You're a saint.


Sally,

FYI - here is what Jim is using for the Accounting activities.

Brian
---------------------- Forwarded by Brian Redmond/HOU/ECT on 04/02/2001 05:43
PM ---------------------------
From: Jim Coffey on 04/02/2001 02:58 PM
To: Brian Redmond/HOU/ECT@ECT, Deanna Washington/Enron@EnronXGate, Emma Kam
Welsch/HOU/ECT@ECT, Vince Mack/Enron@EnronXGate, Marian
Bryant/Enron@EnronXGate, Anne C Koehler/HOU/ECT@ECT, Sandi M
Braband/HOU/ECT@ECT, Troy Denetsosie/HOU/ECT@ECT, Steve -HPL-
Schneider/HOU/ECT@ECT, Yvette Miroballi/Enron@EnronXGate, Rick
Boehm/Enron@enronXgate, Nathan L Hlavaty/HOU/ECT@ECT
cc: Kedar Kulkarni/Enron@EnronXGate
Subject: PP&E and CWIP Protocol for HPL Transition

Please review the attached PP&E and CWIP Protocol for the HPL transition and
respond with any suggested changes ASAP.  I would like to send this to AEP by
tomorrow if at all possible.

Also attached below are the files with the List of Asset Master Data Elements
referred to in the Protocol which will be attached to the Protocol.

CWIP

PP&E


Waxman Seeks Justice Inquiry of Rove
The Washington Post, 07/18/01
Business World: How To Execute 10%, Nicely
The Wall Street Journal, 07/18/01

RUSSIA: INTERVIEW-Russian Tyumen Oil says foreign ties to grow.
Reuters English News Service, 07/18/01

COMMODITIES & AGRICULTURE - Enron Metals to pay fine to LME.
Financial Times, 07/18/01

City - Exchange fines Enron metals group #190,000.
The Daily Telegraph, 07/18/01

Exxon Mobil, U.A.E. Min Discuss Dolphin Gas Proj - Report
Dow Jones Energy Service, 07/18/01

Bush switch on conservation saves credibility
Chicago Tribune, 07/18/01
COMPANIES & FINANCE INTERNATIONAL - Energy trading unit fuels 27% leap in
Duke earnings.
Financial Times, 07/18/01
Letters to the Editor: India, Pakistan and the U.S.
The Wall Street Journal, 07/18/01
Business: Briefs - London Exchange fines Enron $264,000
Houston Chronicle, 07/18/01

A Section
Waxman Seeks Justice Inquiry of Rove

07/18/2001
The Washington Post
FINAL
A27
Copyright 2001, The Washington Post Co. All Rights Reserved

Rep. Henry A. Waxman (D-Calif.) called yesterday for a Justice Department
review of White House senior advisor Karl Rove's repeated discussions with
executives and representatives of companies in which he held stock.
In a letter to White House counsel Alberto R. Gonzales, Waxman said Rove
appeared to be in violation of federal conflict-of-interest laws.
Gonzales has said he was satisfied that Rove "took care to avoid" any
impropriety in meeting in March with Intel Corp. executives, and in
participating in broad discussions about administration energy policy while
owning more than $100,000 worth of Intel Corp. stock and more than $200,000
worth of stock in Enron Corp., General Electric Co. and other energy
companies. On June 7, Rove sold more than $1 million in stock in companies
doing business with the government.
Waxman, ranking Democrat on the House Government Reform Committee, said
federal law requires executive branch departments and agencies, including the
White House, to report "any information, allegation or complaint" involving
potential criminal conduct by an employee to the Justice Department. He said
he was not aware of any reason Rove should be exempt from such outside
investigation.
White House spokesman Dan Bartlett said Waxman's letter is under review, but
added, "We are confident that Karl followed all ethical guidelines and
statutes in his role as senior adviser to the president."
-- George Lardner Jr.

http://www.washingtonpost.com
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

Business World: How To Execute 10%, Nicely
By Holman W. Jenkins Jr.

07/18/2001
The Wall Street Journal
A19
(Copyright (c) 2001, Dow Jones & Company, Inc.)

How come Ford adopts the same white-collar performance review system as
General Electric but gets vilified for it, hounded by discrimination lawyers
and AARP? Last week, less than a year after launching it, CEO Jacques Nasser
was moved to dump a brand new executive grading system designed to weed out
the least capable 10% of Ford's managers.
The short answer is that Ford isn't GE, though Jack Welch has been a model
for what Mr. Nasser seeks to accomplish at the auto company.
Bringing such a Torquemada system into a firm that faces slowing sales and
whose own boss considers his colleagues notoriously flabby and easy on
themselves meant it was a downsizing scheme from the start, whether
advertised that way or not. GE didn't introduce its version until a decade
after the Neutron Jack phase. But never mind. Trumpeting a win last week,
AARP declared its victory goes way beyond Ford. It sure does.
Forced ranking has waxed and waned as a fad over the decades, and most
students of management hold their noses around it. Its resurgence, at a time
when many employers are contemplating their first layoffs in years, can only
mean that companies are nervous about preserving their freedom to hire and
fire in a world run increasingly by the job-discrimination bar.
Ask any non-deluded European. What makes the U.S. economy relatively nimble
is that companies are not afraid to take on workers because they know they
can always get rid of them later. Harsh as this sounds, it's why we have a
lush job market compared to the employment Saharas of the Old World.
Yet firing in America has been a work in progress. Half a decade ago,
enlightened companies tried employee buyouts, but the lawyers descended,
forcing companies to offer the buyouts indiscriminately. Result: Highly
marketable workers took the windfall and immediately found other jobs, while
people who considered themselves unemployable skipped the loot and clung to
their cubicles.
Other companies, on the theory that it was OK to tell people they had to go
because their functions or departments were being discontinued, bravely
downsized the old-fashioned way. But this was no proof against lawsuits.
Remember Texaco, Coca-Cola and others where the very existence of
affirmative-action programs became fodder for litigation by both minorities
and older white employees?
Searching for a way out of the legal maze, Ford tried two years ago to
combine forced ranking with buyouts, aiming offers exclusively at low-ranked
employees. Result: grumbling in the hallways of "rewarding failure" and good
employees angling for low grades so they could become eligible for a golden
parachute. Finally, starting this year, Ford opted for an out-and-out forced
ranking system, which would have given 10% of white-collar employees annually
a "C" grade that meant either shape up or you're gone next year.
Microsoft, Lucent, Conoco, Enron and EDS all have used forced ranking to
maintain or improve the quality of their work forces. While many find the
idea distasteful or complain it substitutes a yearly spasm for what should be
a continuous process, at least it solves a real problem. Survey after survey
finds that even the happiest worker-bees gripe about their employer's
reluctance to get strict with poor performers. A recent McKinsey poll of
managers at big companies found that only 16% said their employer could even
recognize the difference between stars and slackers.
But Ford was already in the soup over the Explorer/Firestone fiasco. It
didn't stand a chance when the Detroit papers opened a new front over its
A-B-C grading system for 18,000 managers. Accentuating the coverage was a
simmering quest to discover any sort of rift between Mr. Nasser and his
chairman, Bill Ford, great-grandson of the founder.
Mr. Ford has somehow been anointed keeper of the company's conscience because
of blood chemistry or something. Inevitably, he wants to be liked and wants
the company to be liked. Putting a Ford in the chairmanship was probably the
worst thing the company could have done at a time when Mr. Nasser was clearly
set on giving the place a kick in the pants.
In the ranking controversy, Mr. Ford soon was reported to be "concerned about
the system's impact on morale." Notice how this differs from "the system is
an urgent necessity so Ford can become a better company." With this kind of
support, management quickly wilted in the face of pressure from the old-folks
lobby (which has appointed itself guardian of anybody over 45) and other
victim contingents.
Mr. Nasser didn't help himself by appearing in a Ford diversity video
haranguing an audience for containing "too many white faces" or by installing
rewards for executives who meet minority hiring goals. Presto, lawsuits
galore. The ones Ford will have the most trouble with are those filed by
white males claiming they were victims of age discrimination in order to make
way for blacks and women.
One of the ironies, as Ford shows, is that companies these days have reasons
of their own for recruiting minorities and women. Were the supposedly
archaic, 19th-century principle of freedom of contract still in effect --
i.e., employers are free to hire and fire at will -- there would be a lot
more affirmative action, a lot more honestly pursued.
GE may not exactly be the rainbow coalition, but it does have a lesson for
Ford. Under its version of forced rankings, 10% of managers are assigned to a
bottom grade each year, which means they're cut off from the rich booty GE
awards the top 20% and the job security of the workaday 70%. If low-ranked
managers don't improve, they are asked to move on.
A big difference, though, is that the process is not concentrated in a
single, highly neuroticized annual ritual. GE carries on with much year-round
mentoring and bellowing and measuring, so nobody has cause to be surprised by
the score he gets. In fact, anyone who went to work there in the past 15
years would have known exactly what he was getting into.
Here's the lesson: Nobody doubts that GE's hiring and firing, whatever the
color or gender of the fodder, is all about business. It takes time to build
a reputation for heartlessly focusing on the bottom line, but once you do, it
can be liberating.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

RUSSIA: INTERVIEW-Russian Tyumen Oil says foreign ties to grow.
By Sujata Rao

07/18/2001
Reuters English News Service
(C) Reuters Limited 2001.

MOSCOW, July 17 (Reuters) - Russia's Tyumen Oil Company said on Wednesday it
planned huge expansion of its upstream and downstream profile through
ventures with foreign oil majors. Company President Simon Kukes told Reuters
in an interview that Tyumen - Russia's fourth-largest oil producer with
output of 800,000 barrels per day (bpd) - would also seek a New York Stock
Exchange listing in 2002 after market conditions improved.
"We aim to be a multi-national company and the first step is in Ukraine,
where we will within a year be the number one retailer of oil products," he
said.
Kukes said Tyumen was also interested in Eastern Europe and in talks on
projects that a included a stake in Lithuania's Mazeikiu refinery , but he
declined to elaborate.
"Eastern Europe has logistical advantages for Russian firms. We can bring in
oil easily and get a significant market share. I also see a role for us in
China, India and the Middle East." He said Tyumen, controlled by Russia's
Alfa conglomerate, saw foreign oil majors' involvement as a key to its
growth.
"We would welcome a strategic partner to take a stake in the firm and, in
fact, we are now in talks with several foreign partners, including Texaco ,"
Kukes said.
He added earlier talks with Phillips had had no result.
Tyumen is involved in the $11 billion Kovykta project with BP and several
Russian firms to produce and ship gas to China, as well as in Transneft's
Adria pipeline project to link outlets for Russian crude in north and south
Europe.
In August Tyumen will take a key downstream step.
With Texaco in Moscow it will open Russia's first Star Mart convenience store
in a partnership expanding its 800-strong filling network by combining them
with the U.S. Star Mart brand.
Earlier this year the firms inked a deal to jointly produce lubricants at
Tyumen's LINOS refinery in Ukraine. Kukes said total investments in 2001 are
planned at $800 million, with another $1 billion earmarked for each of the
coming years.
Tyumen also got a boost by being rated the World's Best Oil Company in 2000
by Financial Times Energy for "phenomenal growth in the past year, breaking
into the world's top 15 oil firms."
"By year end, we could jump from fourth to third place among Russian oil
producers," said the U.S.-educated Kukes, who is part of Tyumen's efforts to
boost its profile internationally.
VERTICALLY INTEGRATED
Tyumen is now eyeing natural gas, angling to up its Kovykta stake and in
Rospan, with 600 billion cubic metres in reserves.
Kukes sees gas as part of a strategy to develop Tyumen on the lines of Enron
- producing crude, gas and power.
"Gas is an essential component of a vertically-integrated oil company and in
the way we see ourselves in future," Kukes said. "We aim that in five years,
10-15 percent of our revenues will come from gas and condensate."
But aggressive expansion has brought Tyumen into conflict with competitors.
It has locked horns with arch-rival Interros to wrest control over a stake in
Kovykta, and its role in oil firm Sidanco - where BP owns 10 percent - has
been criticised.
"We'd like to get at least 25 percent in Kovykta," Kukes said, noting Tyumen
was keen for BP, which has a 31 percent stake, to remain project leader.
Tyumen also angered influential gas trader Itera by trying to obtain control
over its bankrupt gas producer, Rospan.
"Rospan is a profitable firm but for some reason was losing money," Kukes
said, adding Tyumen would turn the company around.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

COMMODITIES & AGRICULTURE - Enron Metals to pay fine to LME.
By ADRIENNE ROBERTS.

07/18/2001
Financial Times
(c) 2001 Financial Times Limited . All Rights Reserved

Enron Metals Limited - formerly MG - has agreed to pay a #190,000 fine to the
London Metal Exchange after EML's systems and procedures for ensuring
compliance with the exchange's rules were found to be "seriously inadequate".
With the exception of hefty fines imposed after the Sumitomo copper scandal,
this is the largest sum an LME member has yet paid. Fines for procedural
shortcomings over the past four years have been between #20,000 and #90,000.
EML is charged with "persistently" failing to ensure warrants needed to
settle exchange contracts reached the London Clearing House by the required
time. This happened between August 1999 and February this year.
The LME said EML's actions had jeopardised confidence in the exchange's
delivery mechanism, a key aspect of its business.
The exchange also found that between May 2000 and February 2001 EML
repeatedly failed to enter trades into the exchange's matching system
correctly.
In both cases "EML frequently provided explanations that were either
inadequate to explain the particular incident, or inadequate to explain the
persistence of that type of incident", said the LME.
Enron Metals, formed after Enron's purchase of UK metals trader MG last June,
said the disciplinary charges related to "operating procedures during a
period prior to, and the first months immediately following, Enron's
acquisition of MG".
The company added that Enron had now "implemented a series of measures to
tighten up existing procedures and ensure that the operating systems meet
with Enron's high standards".
(c) Copyright Financial Times Ltd. All rights reserved.
http://www.ft.com.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

City - Exchange fines Enron metals group #190,000.

07/18/2001
The Daily Telegraph
P35
(c) Telegraph Group Limited, London, 2001

THE London Metal Exchange (LME) has fined Enron Metals #190,000 for breaching
its compliance regulations.
The exchange said Enron Metals, a subsidiary of the American-owned energy
giant, failed to meet deadlines for delivering warrants needed to settle its
metals exchange contracts.
Warrants denote the ownership of LME-registered metal stored in warehouses.
The group also failed to input trades into the LME's system, the exchange
said.
Enron stated that the charges related to its recently-acquired MG metals
trading division before and immediately after the purchase. The group has
since "tightened up existing procedures", it said.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

Exxon Mobil, U.A.E. Min Discuss Dolphin Gas Proj - Report

07/18/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

DUBAI -(Dow Jones)- Exxon Mobil Corp. (XOM) is interested in participating in
the $4 billion Dolphin Gas project, a plan between the UAE Offsets Group and
Qatar Petroleum to transport natural gas from Qatar to Abu Dhabi and Dubai,
the official Emirates News Agency, or WAM, reported Wednesday.
An Exxon Mobil official and the U.A.E.'s Foreign Minister, Sheikh Hamdan bin
Zayed al-Nahyan, discussed the issue Wednesday, WAM said.
The Dolphin project aims to transport two billion cubic feet a day of natural
gas from Qatar's offshore North Field to the U.A.E.
In May, Enron Corp. (ENE) sold its 24.5% stake in Dolphin back to Offsets,
freeing up its share for another potential strategic partner. Enron's role
would have been to focus on the midstream part of the project, or gas
transportation, which requires building a 350-kilometer pipeline from a
processing plant in Ras Laffan, Qatar, to the Taweelah terminal in Abu Dhabi
and Jebel Ali terminal in Dubai.
TotalFinaElf SA (TOT) is Offsets' other strategic partner, holding a 24.5%
stake in the project. The company will operate the upstream phase of the
project, which includes developing natural gas reserves in two blocks of the
North Field.
The first wells are scheduled to be drilled in the second half of 2001 and
come onstream in 2004.
Since Enron's withdrawal, Offsets has said it is talking to a handful of
international oil companies about potential participation.
Qatar Petroleum and Dolphin signed an initial agreement for the upstream
section of the project in March. A full production sharing agreement is due
to be signed in September.
In the short term, it is expected the gas will be supplied to Dolphin by
Mobil Oil Qatar's Enhanced Gas Utilization Project at the North Field.
-By Dyala Sabbagh; Dow Jones Newswires; 97150 6251228;
dyala.sabbagh@dowjones.com

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

Business
Bush switch on conservation saves credibility
David Greising

07/18/2001
Chicago Tribune
North Sports Final ; N
1
(Copyright 2001 by the Chicago Tribune)

Too bad we can't all be vice president. If we could, this whole "energy
crisis" thing would be no big deal.
We could send our heating bill to the Navy as Dick Cheney has. Who knows,
maybe we could fuel up our cars and let the Energy Department pay the bill.
Cheney is making quite a shift from the advice he offered to consumers just a
few weeks ago. "If you want to leave all the lights on in your house, you
can," he counseled. "There's no law against it. But you will pay for it."
Or, in Cheney's case, the Navy may pay for it. After all, it owns his house.
The Vice President decided to dun the Navy on the very day administration
officials spread out to promote conservation as a key part of President
Bush's energy plan.
My, how the scene has changed. In mid-May President Bush unveiled a
Cheney-authored energy plan that promoted drilling and nuking and mining but
overlooked conserving. That's when the vice president dismissed conservation
as a "personal virtue" but no energy policy.
The 170-page Bush policy did speak ominously of a growing "energy crisis."
At the time, gasoline seemed headed to $3 a gallon. Rolling blackouts
interrupted California's power. Winter natural gas prices had spiked.
Bush seemed confident he could push his energy policy through a House and
Senate dominated by Republicans.
Today, with gasoline prices down around $1.35 a gallon and the Senate under
Democratic control, Bush will have to give up on pet dreams like drilling for
liquid gold in Alaska's Arctic National Wildlife Refuge.
Conservation is all the talk--even from administration officials who can't
talk.
A laryngitis-stricken Cheney on Monday turned to wife Lynne to declare,
"Conservation is a must."
On Monday, the Energy Department declared that federal agencies since 1980
have cut their energy consumption in buildings by 30 percent.
So the world has completely changed, right?
Conservation now will become a centerpiece of the Bush energy policy. The
caribou and moose and grizzlies in Alaska can sleep easy knowing their
pristine habitat will be forever free and clear.
Isn't it obvious that President Bush's supporters at Enron and Texaco and
other oil giants should get into a more promising line of business?
And maybe the alternative-energy researchers at Argonne National Laboratory
can stop studying super-conductivity and new-age fuel cells. Energy Secretary
Spencer Abraham told them Monday that consumer conservation can cut the
energy deficit by 60 percent over the next 20 years.
Perhaps it's time to turn that big super-conducting super collider into the
world's largest Roller Derby track.
Well, maybe not.
The easing of the trumped up "energy crisis" is good news. And not just
because it won't cost nearly as much to drive to the Dells for summer
vacation.
It's good because it seems likely to bring some balance into whatever energy
policy ultimately emerges from Congress sometime later this year.
The Bush plan hasn't changed. There still are only a tiny $10 billion of
conservation measures--half of them already in place--in the gargantuan
energy program.
But the political and market realities have changed. Energy costs are down.
And conservation suddenly seems likely to get a fair hearing in Congress and
at the White House.
Perhaps most important, the free market has shown an ability to respond to a
so-called "crisis" in energy. This reduces the political pressure for a quick
and ill-advised political fix.
A sudden jump in electric-plant construction means supply should grow twice
as fast as demand over the next several years, according to the North
American Electric Reliability Council. More than 1,000 natural gas wells are
in production, double the number during early 2000.
Gas prices are lower than had been expected because OPEC has stopped cutting
production and oil giants jumped at the first sight of high prices, and
production is jumping.
We can't all turn to the Navy to bail us out of high energy prices. But in a
fix, the free market does nearly as well.
----------
Contact dgreising@tribune.com.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

COMPANIES & FINANCE INTERNATIONAL - Energy trading unit fuels 27% leap in
Duke earnings.
By JULIE EARLE.

07/18/2001
Financial Times
(c) 2001 Financial Times Limited . All Rights Reserved

Duke Energy, the US energy company, yesterday posted a 27 per cent leap in
second quarter earnings, underpinned by strong growth at its North American
natural gas and electricity trading business.
Duke, a large utility owner in the US, said after the market closed that it
earned $419m, or 53 cents a share, compared with $329m, or 44 cents a share,
in the year-ago quarter.
Revenues for the quarter increased 43 per cent to $15.6bn, from $10.9bn a
year earlier.
The result met Wall Street estimates of 49 to 58 cents a share. The
Charlotte-based company is one of several in the US accused of manipulating
electricity prices in California, along with its competitors Reliant Energy,
Dynergy, Williams and Enron.
California's grid managers have accused wholesalers of overcharging the state
by more than $6bn since last May - allegations the companies have denied.
Last night, a Duke Energy spokesman said that California remained a small
piece of the company's whole.
He said the result was driven by strong growth in its North American energy
trading segment, which reported earnings before interest and tax of $251m, a
128 per cent increase on the year-ago quarter.
The unit's growth was fuelled by big expansion in its wholesale energy asset
portfolio, which now has more than 12,600MW of merchant power generation in
operation or under construction, compared with about 8,400MW net a year ago.
Duke also has a large electric utilities operation in California.
The company's shares closed 38 cents higher at $42.03 in New York.
(c) Copyright Financial Times Ltd. All rights reserved.
http://www.ft.com.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

Letters to the Editor: India, Pakistan and the U.S.

07/18/2001
The Wall Street Journal
A19
(Copyright (c) 2001, Dow Jones & Company, Inc.)

Mr. Varadarajan basically asks America to abandon its traditional link to
Pakistan in favor of India. He overlooks some critical facts. First, it is
unclear whether India even wants to be closer to the U.S. Throughout the Cold
War, India was uncomfortably close to the Soviet Union in diplomatic circles,
whereas Pakistan was a reliable U.S. ally; it was vitally important in
espionage efforts against the Soviets (Francis Gary Powers departed from
Pakistan in his ill-fated U-2 and the U.S. conducted major operations there
in the 1980s) and in offsetting pro-Soviet influence in the region.
Smearing Pakistan and it current military president with Islamic
fundamentalism is disingenuous, since the nation is practically secular when
compared to its neighbors in Iran and Afghanistan. Indeed the deposed
president's paeans to fundamentalism in response to domestic problems were
one impetus for the military takeover in the first place.
Despite talk of reform, India's economy is still generally hostile to foreign
investment. The most notable business project of the 1990s, Enron's massive
power facility in Dhabol, has been mired in bureaucracy and contract
reneging.
The question of Kashmir is a difficult one, but it is important to keep in
mind that India has imposed undemocratic rule on a heavily Islamic region.
Pakistan is still strategically important and is perhaps America's best
friend in central Asia. It would be laudable for America to have good ties
with India, but not at the expense of having to turn our back on an ally.
Christian Whiton
Graduate School of Management
University of California
Los Angeles

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

Business Briefs
Houston Chronicle
London exchange fines Enron $264,000
The London Metal Exchange said it fined Enron Corp. $264,000 for "seriously
inadequate" compliance with trading rules that threatened to undermine
confidence in the largest metals market.
Houston-based Enron violated exchange rules over an 18-month period through
late delivery of warrants, documents that confirm the completion of a metals
sale, the exchange said in a statement. Enron failed to rectify its
procedures despite repeated warnings, the exchange said.
Enron's failures to comply "were repeatedly brought to the attention" of the
company between last May and February of this year, exchange officials said.
Enron admitted rules breaches in a statement, but said the violations stemmed
from its acquisition last May of MG, the world's largest copper-trading
company, for $445 million, which expanded the natural gas and electricity
trader's metals business.


Attached is the Management Report for 02/22/00.

External Trading

 Total  22-Feb-00  To Date

 Number of Transactions   938   32,363
 Gross Notional Value $   329,474,114   10,407,391,822

 Revenue from Physical flows to date ($)    349,473,933

 Number of New Counterparties transacting today    3
 Number of Counterparties having transacted to date    221

 N.A. Gas

 Number of Transactions   775   26,793
 Volume of Transactions (mmbtu's)   146,611,270   5,313,069,402
 Gross Notional Value $   268,376,365   8,434,301,371

 UK Gas

 Number of Transactions   33   1,768
 Volume of Transactions (mmbtu's)   4,457,500   220,216,500
 Gross Notional Value $   8,956,846   440,078,292

 Belgium Gas

 Number of Transactions   4   75
 Volume of Transactions (mmbtu's)   915,000   15,555,000
 Gross Notional Value $   1,920,442   30,465,447

 U.S. Power

 Number of Transactions   82   2,705
 Volume of Transactions (MWh's)   816,896   21,048,376
 Gross Notional Value $   25,828,210   735,409,760

 UK Power

 Number of Transactions   8   138
 Volume of Transactions (MWh's)   445,449   5,922,913
 Gross Notional Value $   16,377,210   231,428,382

 Swiss Power

 Number of Transactions   1   22
 Volume of Transactions (MWh's)   2,217   37,959
 Gross Notional Value $   49,967   859,335

 German Power

 Number of Transactions   7   131
 Volume of Transactions (MWh's)   40,105   1,105,238
 Gross Notional Value $   765,495   20,992,180

 Spanish Power

 Number of Transactions   -     3
 Volume of Transactions (MWh's)   -     9,605,154
 Gross Notional Value $   -     408,703

 Norwegian Power

 Number of Transactions   5   86
 Volume of Transactions (MWh's)   73,800   1,555,704
 Gross Notional Value $   1,076,809   22,777,444

 Crude & Products

 Number of Transactions   5   232
 Volume of Transactions (BBl's)   393,000   25,617,697
 Gross Notional Value $   442,860   352,813,501

 Petchems

 Number of Transactions   -     33
 Volume of Transactions    -     288,000
 Gross Notional Value $   -     30,272,900

 LPG

 Number of Transactions   15   155
 Volume of Transactions (BBl's)   168,000   1,792,000
 Gross Notional Value $   5,679,000   61,495,000

 U.S. Coal

 Number of Transactions   -     73
 Volume of Transactions (st)   -     2,033,325
 Gross Notional Value $   -     25,548,683

 U.S. Pulp & Paper

 Number of Transactions   -     4
 Volume of Transactions (st)   -     2,550
 Gross Notional Value $   -     1,500,750

 Emmissions

 Number of Transactions   -     58
 Volume of Transactions   -     145,000
 Gross Notional Value $   -     18,982,650

 U.S. Weather

 Number of Transactions   -     87
 Volume of Transactions    -     92
 Gross Notional Value $   -     57,425

 UK Weather

 Number of Transactions   3   9
 Volume of Transactions    3   9
 Gross Notional Value $   909   2,597

 Number of Users Logging onto EnronOnline:
 External Users with Execution rights    716
 External Users with No Execution Rights    68

 Internal Trading
 22-Feb-00  To Date
 Gas

 Number of Transactions   86   2,154
 Volume of Transactions (mmbtu's)   39,035,355   855,371,185
 Gross Notional Value $   92,966,283   1,454,338,945

 Power

 Number of Transactions   -     32
 Volume of Transactions (MWh's)   -     440,440
 Gross Notional Value $   -     15,479,584

 Coal

 Number of Transactions   -     -
 Volume of Transactions (st)   -     -
 Gross Notional Value $   -     -

 Emmissions

 Number of Transactions   -     -
 Volume of Transactions (st)   -     -
 Gross Notional Value $   -     -

 Total

 Number of Transactions   86   2,186
 Gross Notional Value $   92,966,283   1,469,818,529

Regards

Louise


not completed he didn't have the chance today.  I was unable to close a
Excell spreadsheet for me to install the memory


New Power purchased A06 gas from ENA.  Please bookout dealsl 521753 (sale to
New Power) with 521780 (purchase from New Power).


Awais, I sent you all these.  What happened to them!
---------------------- Forwarded by Tana Jones/HOU/ECT on 09/09/99 02:00 PM
---------------------------

Elena Kapralova
09/09/99 12:29 PM
To: Tana Jones/HOU/ECT@ECT, Mark Schroeder/LON/ECT@ECT, David
Forster/LON/ECT@ECT
cc: Awais Omar/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT, Marcello Romano/LON/ECT@ECT, Louise Kitchen/LON/ECT@ECT
Subject: Leagl and Regulatory Review of Market Descriptions for EnronOnline

Tana,
further to our conversation, here is the current status on US Market
Descriptions. Can you please provide the one that we seem to be missing Legal
review for:
Canadian Gas
NOx
LPG
Oil and Oil Products
Plastics and Petchems
SO2
US Coal

Mark,
This is the full list of outstanding European and US Market Descriptions from
the Regulatory perspective:
Canadian Gas
Continental Power
UK Gas
NOx
Plastics and Petchems
SO2
US East Power
US West Power
Weather Derivatives

Dave,
Awais's records show that you (or Marcello)  haven't reviewed the following
ones yet:
LPG
Oil and Oil Products
Plastic and Petchems
Nordic Power

Thank you all,
Elena


Start Date: 1/10/02; HourAhead hour: 14;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011014.txt


IntercontinentalExchange
                                                                                Firm Power Price Bulletin
                                                                                For Power Delivered on Wednesday, October   10, 2001
                                                                                (Trade Date of Tuesday, October   09, 2001)
Click here to access index history .
                                                                                * volume represents sell-side only *

Hub	High	Low	Wtd Avg Index	Change ($)	Vol (Mwh)
Cinergy	         $19.60	         $16.75	         $18.49	-   3.06	         122,400
Comed	         $18.75	         $18.00	         $18.36	-    .62	          18,400
Entergy	         $19.50	         $17.50	         $18.55	-    .45	          27,200
Nepool	         $34.00	         $33.25	         $33.56	-    .70	          10,400
PJM-West	         $25.70	         $24.90	         $25.24	-   2.99	          44,000
SP-15	         $23.70	         $23.20	         $23.34	+    .34	           4,000
TVA	         $19.75	         $19.25	         $19.48	-   1.36	          10,400

                                                                                Includes all trades done from 6 AM to 11 AM Central Prevailing Time on the trade date specified for financially firm power delivered during the on-peak hours (6 AM - 10 PM CPT for Eastern hubs / 6 AM - 10 PM Pacific Prevailing Time for Western hubs) on the delivery date(s) specified.
                                                                                IntercontinentalExchange is the world's most liquid trading platform for over-the-counter energy and metals.  Active markets include North American power and natural gas, global crude and refined oil products, and precious metals.  Traded instruments include forwards, swaps, and options.
To become an Exchange Participant or inquire about the indices, please contact sales@intcx.com .
This information is sent to you free of charge and may be redistributed in its entirety.  Republishing in any other form is prohibited.
If this was forwarded by a friend and you would like to receive your own daily bulletin, click here to subscribe .
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                                                                                ?Copyright IntercontinentalExchange, Inc. 2001, All Rights Reserved.


Hello John,

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You have received this email because you are listed as an alternate data approver. Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000080510&Page=Approval to review and act upon this request.

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As feared, the judge denied our motion to compel arbitration.  Liz said the
judge had read all the pleadings and the cases, and he seemed prepared to
rule before argument.  After listening to argument, the judge denied the
motion to compel arbitration because

--  12 other adversaries are pending dealing with similar issues
--  arbitration would interfere with efficient administration of the estate
--  a Discovery Mediator has been appointed to supervise cases
--  not convinced claims I and II are non-core proceedings
--  2 counts of the complaint would be left with him in any event
--  he has discretion.

Interestingly, from the bench, he did not rule that Claims I and II are
core matters, he simply stated that he was not convinced they were
non-core.  We have a right to an immediate appeal.  There are definitely
pros and cons to it.  I'd be happy to discuss them with you in person or do
an email for your consideration.  Let me know which way you'd like the
analysis.

We have only 10 days from the entry of the order to file a notice of
appeal.  I'm not certain whether the order denying the arbitration was
entered today, but if not, it probably will be entered tomorrow.   For
planning purposes, let's assume that our notice of appeal has to be filed
on December 22, which is next Friday.

Wish the results had gone the other way, but it's not over yet!

**********NOTE**********
The information contained in this email message is intended only
for use of the individual or entity named above.  If the reader
of this message is not the intended recipient, or the employee or
agent responsible to deliver it to the intended recipient, you
are hereby notified that any dissemination, distribution or
copying of this communication is strictly prohibited.  If you
have received this communication in error, please immediately
notify us by telephone (713-546-5000), and destroy the original
message. Thank you.


he's cute.  Congratulations!!


In the past few weeks, I have discussed this issue with Brent H., Mark T.
Chris G. and Mary C.  Under the PPSA jurisdictions in Canada, which includes
Alberta and Ontario among others, cash held on deposit as collateral is not
clearly categorized as "money" but more likely an "account".  Although
certain categories of collateral can be perfected by possession, including
"money", "intangibles", which includes "accounts", cannot be perfected by
possession.  The issue comes down to whether we will accept the risk that a
wire transfer to an account designated by us constitutes "money".  Although
it is not clear, the better view is that "money" means cash in hand and not
on deposit.  The risk is that an unperfected security interest is subordinate
to various parties, including a bankruptcy trustee and to subsequently taken
but properly perfected security interests.  I will admit, however, that this
seems to be a risk that others in our market take (although likely
unknowingly).

Accordingly, to perfect the "account" a registration is likely required at
the PPR, which is something we do not want to get into.

Even then, as an "account" is an "intangible" certain conflicts rules for
perfection by registration need to be considered, as the PPSA jurisdictions
provide that perfection of an intangible is governed by the laws of the
jurisdiction where the debtor is located, as determined by the location of
its principal place of business or chief executive office. i.e.  registration
may be required in some other jurisdiction entirely.  Further, an advance
search would have to be done to see if there are competing prior
registrations.  Also, as the PPR is not a guaranteed title registry,
registration priority does not necessarily guarantee security priority, and
law firms will not typically give priority opinions under the PPSA.

Lastly, if there is an insolvency and the deposit holding institution is also
a creditor of the counterparty, there may be some argument that the deposit
holding institution will assert rights of set off over the account.

In terms of updating advice, the statutory provisions have not to my
knowledge changed.  I suppose there is some possibility that a court has
recently determined that "money" includes deposits that we are not aware of,
and I could ask outside counsel to research this issue.

Peter.

   Carol St Clair                03/20/2001 07:45 AM

To: Peter Keohane/CAL/ECT@ECT, Greg Johnston/CAL/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT
Subject: Cash Collateral In Canada

Peter and Greg:
One of our counterparties is questioning why we won't accept cash collateral
in Canada.  They claim that under the current state of the law, holding cash
collateral is the method for perfecting.  Please advise.  Should we ask
Stikeman to update their advice to us on this?

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


Just a reminder that all time sheets are due by 3:00 ,  Tuesday,  May
1st.
     If you need assistance entering your time, please call Alex or Brandee.

     Thank You!


Attached is a referral and resume on an HR professional that I thought might
interest you.  The referral comes from James Scribner, a guy that has just
accepted a job offer from me.  James and I worked together previously at a
bank, and he is very discerning in his evaluation of talent.  When I asked if
he knew of any other talented people at Fleming (his current employer) that
we should know, he immediately suggested Tana.  His read is that she is very
bright, creative, and innovative.  She has worked on many special projects at
Fleming, but James believes that she would certainly consider a generalist
role as she learned Enron and would then "earn" her way into managing special
projects.  I thought that I would give ENA a first look at this candidate.
If you are not interested or do not have a need, please pass this referral
along to other HR groups.

FYI - James will start work here on April 3.
---------------------- Forwarded by Sally Beck/HOU/ECT on 03/09/2000 12:43 PM
---------------------------

"James Scribner" <JSCRIBN@email.fleming.com> on 03/08/2000 11:18:40 AM
To: <sally.beck@enron.com>
cc:
Subject: Resume for Tana Cashion

Sally,

Attached is the resume for Tana Cashion.  Thank you for your help.

James Scribner

405/841-8607
jscribn@email.fleming.com

 - Tana Cashion_1.doc


Please call the ISO when Wheelabrator returns to service.  The phone number
they can be reached at is 916-351-2488.
Wheelabrator said they would call the real time desk as soon as it returns,
which should be this evening.

Regards,

Bert


July 26 FINAL NOM

---0--- Inlet HPL @ Eastrans

 7,800    FCV / HPL  (Incremental Sale to HPL)  Please call Bruce McMills at
(713) 627-6467
     -0-     Tenn / HPL
     -0-     Mobile Beaumont / HPL
     -0-     HPL Cartwheel
  7,800   Total Gas

Please note, the excess volumes for July 26 will be considered an incremental
sale.
If you have any questions, please call Bruce McMills or Chad Cass at (713)
627-6202.

Thanks,
Chad Cass


yes--lets talk at 9:30 to prep for the 10:00.  df


Hi Dave,

I have attached a revised schedule per our conversation this a.m.  My options guy has done more research (at my insistence) to determine why our offers for the  5 days are of our sync....so giving me feedback does help me to get the "boys in line".  He has lowered his price by $0.31 so far.  I'll keep pushing!

Please let me know how the 10 day option for Dec-Feb at the gate sounds.

Thanks

Patrice


Eric - Mary Hain resigned her position with Enron.  Her e-mail will be
deactivated tomorrow.  Please remove her from your mail lists.

Lysa Akin
503/464-7927

Eric Benson@ENRON on 04/05/2001 07:07:02 AM
To: Mary Hain/HOU/ECT@ECT
cc:
Subject: ENA Government Affairs Report - April 2001 - PLEASE READ AND REPLY
BY NOON ON FRIDAY

Ms. Hain -

please provide updates for the month of April for the matters referenced
below and return to my attention by noon on Friday (4/6/01); the ENA Report
is due the first Friday of the month

please advise of any questions, comments or concerns

Eric Benson
713-853-1711

=======

----- Forwarded by Eric Benson/NA/Enron on 04/05/2001 09:05 AM -----

	Eric Benson
	02/28/2001 11:59 AM

		 To: Mary Hain/HOU/ECT@ECT
		 cc: James D Steffes/NA/Enron@Enron
		 Subject: ENA Government Affairs Report - March 2001

Ms. Hain -

 Jim Steffes has asked that I help put together the ENA Government Affairs
Report.  The concept is to make the report a forward document as well as
reporting on items that have occurred.  The report is due to ENA management
the first week of each month.

 Please provide information on the current status and upcoming events for the
following projects by Friday, March 2, 2001.  The report currently indicates
the following:

PROJECT	KEY ISSUES	STRATEGIES/COMMENTS/NEXT ACTIONS
Antelope Valley	Interconnect ion Agreement.	Reviewing agreement for consistency with business
objectives and FERC requirements.

 Please advise of any questions, comments or concerns.  I can be reached at
713-853-1711.

Eric Benson


Louise-

Here is the start to the profile for John.  There is no real background info on him. Did he grow up in Canada?  What are his personal interests and family situation?

JOHN LAVORATO
"For the Record"

In just over 8 fast-paced years, John Lavorato has evolved from an MBA student at Northwestern University to president and CEO of Enron Americas.  Joining Enron in 1993 as an associate, he moved up the ranks quickly. He moved to Calgary and performed many functions for Enron Canada that included leading the trading operation from January 1995 and the origination business from January 1998.  After successfully growing the Canadian trading and origination business into a major contributor to Enron Corp., he was named president and CEO of Enron Canada Corp in 1999.


(Who the heck is Brett Watson?)  Let me know if you need help with you check/paycheck dilema.
Thanks!

 -----Original Message-----
From: 	Donoho, Lindy
Sent:	Monday, August 13, 2001 4:11 PM
To:	Armstrong, Julie; Branney, Theresa; Burleson, Bob; Cabrera, Reyna; Janousek, Martha; Jones, Dana; Kouri, Kim; Lindberg, Lorraine; Lokay, Michelle; Mason, Robert; McCarran, Penny; Roobaert, Preston; Wadle, Susan; Watson, Brett
Subject:	United Way

Just a reminder, our 2001 United Way campaign ends this Friday, August 17th.  Please consider contributing to the United Way.  If you've already contributed, Thank you & please ignore this message.  (Except the part below about the prize drawings!)

You can submit your donation electronically by going to Enron's home page and clicking on the "Building Houston's Future" icon.

If you're like me, I had to use the handy-dandy "Forgot ID/Password" link which appears on the left side under the Login ID & Password blanks.  The system will prompt you for information that will allow an e:mail to be sent to you with your ID.  If this is the first time you've accessed the system, your password will be your birthday.

To sweeten things up, everyone who participates in this year's ETS United Way campaign will be entered in a drawing for 2 sets of 4 Astro's tickets, 2 sets of 4 Rockets tickets & 2 roundtrip airline tickets on Continental Airlines.

Thank you for your time & consideration of United Way.

Sincerely,
Lindy


Lia, Jay Hartman (281.367.8697) has verbally advised us that the SL 14521 #1
well will be shut-in for a short period and has therefore requested that we
reduce the existing nomination for 01/2001 at TGT meter 9502 on sitara deal
540814 from 316 Mmbtu/d (13% of 2,434 Mmbtu/d) to 0.  You indicated you will
reduce the nomination to 0 for the entire month; we will notify you once
production re-commences and the nomination should be re-entered at its
previous level.

Jill, this gas was purchased from Hunt in December by the East Desk, so no
Wellhead Desk changes are required for this month.

George x3-6992
---------------------- Forwarded by George Weissman/HOU/ECT on 12/29/2000
08:11 AM ---------------------------

	Enron North America Corp.

	From:  George Weissman                           12/28/2000 05:58 PM

To: Samuel Schott/HOU/ECT@ECT
cc: Melissa Graves/HOU/ECT@ECT, Lia Halstead/NA/Enron@ENRON, Gary
Bryan/HOU/ECT@ECT, Mary G Gosnell/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT
Subject: St. Mary's Production LLC VPP
Hunt Oil Company Myette Point Northwest Field
St. Mary Parish, LA

Sam, the counterparty record for St. Mary's Production LLC (BA 88272) does
not include a DnB status.  It is my understanding that our East Desk cannot
schedule St. Mary's gas without a DnB number.  Could you please have a DnB
number established for St. Mary's Production LLC?  Thanks.

Due to the holidays, I sent a copy of this note to both Mary and Jason.

George x3-6992
---------------------- Forwarded by George Weissman/HOU/ECT on 12/28/2000
05:44 PM ---------------------------

	Enron North America Corp.

	From:  George Weissman                           12/27/2000 08:17 AM

To: Judy Townsend/HOU/ECT@ECT
cc: Susan W Pereira/HOU/ECT@ECT, Gary Bryan/HOU/ECT@ECT, Eric
Moon/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron, Eric Wardle/HOU/ECT@ECT,
Linda Roberts/NA/Enron@Enron, Jill T Zivley/HOU/ECT@ECT, Melissa
Graves/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron, Lia Halstead/NA/Enron@ENRON,
William Kelly/HOU/ECT@ECT, Robert Crockett/HOU/ECT@ECT
Subject: St. Mary's Production LLC VPP
Hunt Oil Company Myette Point Northwest Field
St. Mary Parish, LA

Judy,

Confirming our telephone conversation of this morning, please convert the gas
daily volume of 1,157 Mmbtu/d for 1/2001 on ticket 541140 (intra-desk) to an
increased volume of 2,434 Mmbtu/d for 1/2001 at Index plus $0.005.

With respect to the Wellhead Desk/St. Mary's ticket, please also convert the
gas daily volume of 1,157 Mmbtu/d for 1/2001 on ticket 540814 to an increased
volume of 2,434 Mmbtu/d for 1/2001 at Index plus $0.0025.

Currently, the volumes are split 50-50 between meters 9437 and 9502.  We
actually expect 87% of the volume at meter 9437 and 13% of the voume at meter
9502.

George x3-6992

---------------------- Forwarded by George Weissman/HOU/ECT on 12/27/2000
07:59 AM ---------------------------

	Enron North America Corp.

	From:  George Weissman                           12/20/2000 09:01 AM

To: Eric Moon/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron
cc: Gary Bryan/HOU/ECT@ECT, Eric Wardle/HOU/ECT@ECT, Linda
Roberts/NA/Enron@Enron, Jill T Zivley/HOU/ECT@ECT, Melissa
Graves/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron, Lia Halstead/NA/Enron@ENRON,
William Kelly/HOU/ECT@ECT
Subject: St. Mary's Production LLC VPP
Hunt Oil Company Myette Point Northwest Field
St. Mary Parish, LA

Eric (Moon) and John, attached are the tickets for the physical part of the
Preston VPP deal.  Please work with Will Kelly to have them entered into
Sitara and provide me with the deal numbers.

Eric (Wardle), we'll need to get contract numbers established for the
Counterparty Firm Agreement (ECT Merchant Investments) and the Counterparty
Spot Agreement (St. Mary's Production LLC).  Have either of these agreements
yet been executed?  If not, should we generate a spot gtc for the St. Mary's
spot production?

George x3-6992

---------------------- Forwarded by George Weissman/HOU/ECT on 12/20/2000
08:31 AM ---------------------------

	Enron North America Corp.

	From:  George Weissman                           12/19/2000 08:03 AM

To: Eric Moon/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron
cc: Gary Bryan/HOU/ECT@ECT, Eric Wardle/HOU/ECT@ECT, Linda
Roberts/NA/Enron@Enron, Jill T Zivley/HOU/ECT@ECT, Melissa
Graves/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron
Subject: St. Mary's Production LLC VPP
Hunt Oil Company Myette Point Northwest Field
St. Mary Parish, LA

Eric & John

ECT Merchant Investments Corp. has entered into a Volumetric Production
Payment agreement with St. Mary's Production LLC which provides for the
dedication of St. Mary's non-operated gas production from the Hunt Oil
Company operated Myette Point Northwest Field.  ECT Merchant Investments
Corp. has arranged for the Enron North America Upstream Wellhead Desk to
manage the sale, nomination and transport of this production.

Could you please get us a quote to purchase this wellhead gas on a firm basis
based on the following:

a.  18 month term commencing 1/1/2001 and ending 6/30/2003

b.  firm purchase and firm transport for 90% of the wellhead volume, starting
at 90% of 11,567 per day and declining as defined on the last tab labelled
"Volume" on the spreadsheet attached

c.  gas daily purchase and interruptible transport for the remaining 10% of
the wellhead volume

Enron Upstream will keep the desk financially whole should volumes for the
90% firm component fail to show up on any given day of the 18 month term

Drafts of proposed Deal Tickets are attached.

George x3-6992


Per our conversation while you were here, attached is a list of all the
Japanese counterparties that have requested Password Applications from
EnronOnline.  Let me know you thoughts about this, and, as we discussed,
online due diligence with respect to Japanese counterparties.
----- Forwarded by Tana Jones/HOU/ECT on 10/12/2000 11:56 AM -----

	Lisa Lees
	10/05/2000 08:53 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Japan PAs

Let me know if you need anything else.


FYI
---------------------- Forwarded by Steven J Kean/HOU/EES on 08/03/2000 07:17
PM ---------------------------
From: Gary Fitch@ENRON on 08/01/2000 02:03 PM
To: Steven J Kean/HOU/EES@EES
cc: Bill Donovan/EPSC/HOU/ECT@ECT
Subject: Re: Tax Valuations for YR2000

Thanks Steve,  actual savings prior to allocation was $782,375   I miss
calculated when I sent the memo.

	Steven J Kean@EES
	08/01/2000 09:11 AM

		 To: Gary Fitch/HR/Corp/Enron@ENRON
		 cc:
		 Subject: Re: Tax Valuations for YR2000

Congratulations!

Gary Fitch@ENRON on 07/27/2000 12:02:47 PM
To: Bill Donovan/EPSC/HOU/ECT@ECT
cc: Steven J Kean/HOU/EES@EES
Subject: Tax Valuations for YR2000

Bill, we hit a home run this morning with HCAD.  They have agreed to take my
reduced valuation on the Enron fleet.  A reduction of  $16,079,000 in taxable
value.  This results in savings of $482,375.  That's not all, our allocation
based on records for operations outside of the state of Texas resulted in
additional savings of $1,559,638. Total savings to our 2000 budget will be
$2,042,013.


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I also want to see how your house is coming along...

	"Patti Young" <pyoung@cliverunnells.com>
	02/09/2001 02:44 PM

		 To: <Tana.Jones@enron.com>
		 cc:
		 Subject: RE: this weekend

I am going to lay low this evening, but may be up for a movie on Sunday.
See how your weekend goes and yell at me sometime.  I know you sometimes
work or nap on Sundays.  I certainly understand if that is your choice.

-----Original Message-----
From: Tana.Jones@enron.com [mailto:Tana.Jones@enron.com]
Sent: Thursday, February 08, 2001 10:14 AM
To: pyoung@cliverunnells.com
Subject: RE: this weekend

I've got the theater w/lucinda's mom on saturday.  How does fri night or
sunday sound to you?

                    "Patti Young"
                    <pyoung@cliverun        To:     <Tana.Jones@enron.com>
                    nells.com>              cc:
                                            Subject:     RE: Tuesday
                    02/06/2001 05:50
                    PM

Are all the moms, dads, and babies doing o.k.?  Aunts?

I was just kidding about Hannibal.  What's on your mind?

-----Original Message-----
From: Tana.Jones@enron.com [mailto:Tana.Jones@enron.com]
Sent: Tuesday, February 06, 2001 1:15 PM
To: pyoung@cliverunnells.com
Subject: Re: Tuesday

I've been booked up lately for various things (mainly people's new babies
and home improvement tasks).  I've been wondering where you disappeared to.
Do you want to do something this weekend.  There are a few new chick flicks
I wouldn't mind seeing...

                    "Patti Young"
                    <pyoung@cliverun        To:     "Tana Jones"
<tana.jones@enron.com>
                    nells.com>              cc:
                                            Subject:     Tuesday
                    02/06/2001 04:53
                    PM

Ms. Jones,

I know you are working hard, but I needed to just check in and see how you
are.

Also, I just talked to Gale Ford, massage lady, and she said she will be
working on Sat., March 3 in the afternoon.  I know weekdays are hard for
you
to make appointments and surely you are in need of a massage by now!!!!

Let me know how you are when you come up for air!!

  Patti


Yes and send me his resume

 -----Original Message-----
From: 	Livia_Zufferli@Monitor.com@ENRON
Sent:	Tuesday, August 21, 2001 10:45 AM
To:	Zufferli, John
Subject:	A quick favour...

Hi John,

Remember i told you about the guy at work who got fired last week -- he has
a brand new baby and just bought a new house?  Anyway, he wanted to speak
to people in the oil and gas industry (his wife is originally from Calgary
and they may be interested in moving back).  I think he just wants general
info about the type of work you do (or others in the field) and what he
should think about in terms of applying to firms.  Is it okay if i give him
your number?  If so, would you prefer work or home?

livia


Assignment 'Homework Set 5' for Class: 'E283-1: Real Estate Finance' is now available through the Izio system.

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-----Original Message-----
From: 	Martinsen, Aaron
Sent:	Tuesday, September 25, 2001 6:15 PM
To:	Grigsby, Mike
Cc:	Mcgowan, Kevin
Subject:	Western Coal Overview

Here is a brief overview of the WSCC Coal Plants.  It gives you a basic idea of where plants are, what kind of coal they burn, and how big they are.  If you have any questions feel free to let me know.

Aaron Martinsen
713-853-6726


Chris entered that this morning - 562978 - would you like me to back-date it?

Kate

Evelyn Metoyer@ENRON
03/28/2001 12:27 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: 3/27 Checkout

Kate what about the Chris Mallory deal?

PREBON
Chris Mallory
I am missing the following deal:
Enron buys from Duke Q2'01 25 mw of NP-15 at $180.00 off-peak hrs

   Kate Symes @ ECT                03/27/2001 04:50 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: 3/27 Checkout

PREBON
Matt Motley
562635

Jeff Richter
562556

Jeff Richter
562546 - corrected to 25 mw

BLOOMBERG
Mike Driscoll
562546 - Mike would like to keep this as Pinnacle for now because that is the
true counterparty - Bloomberg's system has not been updated

Tom Alonso
did not do this deal (he did a BUY  with the same terms)

Sean Crandall
562641

Evelyn Metoyer@ENRON
03/27/2001 02:32 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 3/27 Checkout

PREBON

Matt Motley
I am missing the following deal:
Enron sells to Alleghany Q4'01 Palo Verde at $125.00 peak hrs

Chris Mallory
I am missing the following deal:
Enron buys from Duke Q2'01 25 mw of NP-15 at $180.00 off-peak hrs

Jeff Richter
deal 562546
Prebon shows 25 mw ....enpower has 23 mw

AMEREX WEST
All deals are fine.

BLOOMBERG      P.S. I am still confirming trades for Bloomberg.

Mike Driscoll
deal 562226
Bloomberg show cp name as Arizona Public Service Company....enpower has
Pinnacle West Corp.

Tom Alonso
I am missing the following deal:
Enron sells to El Paso 25 mw of April'01 PV peak hrs at $265.00

Sean Crandall
I am missing the following deal:
Enron buys from Pacificorp25 mw April MID-C peak hrs at $285.00


Stephanie:  Can you please ask Francisco or Anne to handle?  Thanks.

 -----Original Message-----
From: 	Panus, Stephanie
Sent:	Monday, October 08, 2001 8:09 AM
To:	Shackleton, Sara
Subject:	FW: National Energy Group, Inc.
Importance:	High

FYI - Jay's message last week.

Stephanie Panus
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803C
Houston, Texas  77002
ph:  713.345.3249
fax:  713.646.3490
email:  stephanie.panus@enron.com

 -----Original Message-----
From: 	Williams, Jason R (Credit)
Sent:	Saturday, October 06, 2001 11:41 AM
To:	Panus, Stephanie
Cc:	Sonnonstine, Max
Subject:	FW: National Energy Group, Inc.
Importance:	High

Stephanie -

Where do we stand with respect to getting a document into National Energy Group, Inc.?  I need to push this forward, as this is a critical document.  Please let me know how we are proceeding on this.

As a reminder, I want to have the ability to call for margin if NEGI's positions are any less than $4 million dollars in their favor.  I had put $3 million dollars in my prior email, but this figure should actually be $4 MM.

I will be out Monday and Tuesday, but please contact Max Sonnonstine with any questions.

Thanks,

JRW

 -----Original Message-----
From: 	Williams, Jason R (Credit)
Sent:	Monday, October 01, 2001 9:31 AM
To:	Panus, Stephanie; Shackleton, Sara
Subject:	National Energy Group, Inc.
Importance:	High

Stephanie and Sara -

We currently have several deals on the books with National Energy Group, Inc. that we confirmed under omnibus confirms.  The initial two deals that we did with them, TAGG numbers QY8453 and QY9133, required independent amounts and had the credit language attached.  I have attached those annexes below.  We have since executed the following trades:

VH0606
VH0931
VH0969
VH0982
VT5854
VT5861

Our positions with this counterparty have gone deep in the money to them, and they have asked us to send them back the collateral.  While I am not thrilled about doing this, I understand that this is a commercial issue and we probably need to do this to be responsive to the customer.  If you hadn't guessed by now, this is a Lagrasta customer, so I am getting the requisite incentive from Fred to get this done.

In concert with the return of their collateral, I want to send them a document that allows us to call for margin again if their positions start moving back in ENA's favor.  I want to be able to call them if their position moves any less than $3 million in their favor.  Right now, the positions are over $6 MM in National Energy Group's favor; I want to call them if that exposure changes to anything less than $3 MM in their favor.  This would still give us some "cushion".

What do we need to do to make this happen?

JRW


pertinacious (pur-tn-AY-shuhs) adjective

   1. Holding resolutely to a purpose, belief or opinion.

   2. Stubbornly unyielding.

[From Latin pertinac- pertinax, per-, thoroughly + tenax, tenacious
(tenere, to hold).]

   "A man is pertinacious when he defends his folly and trusts too greatly
   in his own wit."
   Geoffrey Chaucer, Canterbury Tales: Explicit Secunda Pars Penitentie:
   Part I, 1387-1400 (Translation: Walter W. Skeat).

Philosopher, mathematician, and writer, Bertrand Russell, once said, "The
whole problem with the world is that fools and fanatics are always so
certain of themselves, and wiser people so full of doubts." This week's
word describe people falling somewhere in between the spectrum. Can you
identify some of those around you in these words ?                -Anu

P.S. Don't forget to join us for an online chat with Lisa Simeone, host of
Weekend All Things Considered on National Public Radio. The chat takes place
today at http://wordsmith.org/chat/simeone.html between 7-8 PM EST US (GMT -5).

............................................................................
Until you've lost your reputation, you never realize what a burden it was
or what freedom really is. -Margaret Mitchell, novelist (1900-1949)

Subscribe:    http://wordsmith.org/awad/subscribe.html
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Pronunciation:
http://wordsmith.org/words/pertinacious.wav
http://wordsmith.org/words/pertinacious.ram


liar

Danielle Samson <DanielleS@JonesGranger.com> on 04/27/2000 03:39:30 AM
To: "'Eric.Bass@enron.com'" <Eric.Bass@enron.com>
cc:
Subject: RE: Corruption Test

34

  -----Original Message-----
  From: Eric.Bass@enron.com [mailto:Eric.Bass@enron.com]
  Sent: Wednesday, April 26, 2000 5:04 PM
  To: DanielleS@JonesGranger.com
  Subject: RE: Corruption Test

  55 - how about you?


Start Date: 1/13/02; HourAhead hour: 14;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011314.txt


Here's a start.  Be happy to add.  Just let me know.

Best,
Jeff

CPUC--	Geoff Brown--Commissioner
	Paul Clanon--Chief, Energy Division
	General Counsel (don't know name)

CEC--	Chairman of Commission
	Chief of power plant siting department
	Person in charge of "green marketing" (Stacey Bolton will know who the person is)

Enviros--	Ralph Cavanagh, NRDC, SF
		Dan Kirshner, EDF, Oakland
		V. John White, Sierra Club, Sacramento

Consumer reps--Mike Florio, TURN, SF
		Michael Shames, UCAN, San Diego

 -----Original Message-----
From: 	Thompson, Catherine
Sent:	Monday, September 17, 2001 3:15 PM
To:	Dasovich, Jeff
Subject:	stakeholder list

Jeff,
Thanks, in advance, for your help with this.  The project is a "Corporate Responsibility Stakeholder Perception Survey" designed to gather baseline information on how our stakeholders view the issue of corporate social responsibility in general, and Enron in that regard in our major markets US, UK and Japan. Stakeholders are defined as those who are affected by our business, can affect our business or have an interest in Enron - customers, suppliers, governments, regulators, NGOs, employees, shareholders, etc.

What I would like from you is which stakeholders you think are important to include from Enron Corp's perspective here in California, and the job title or name therein. Please just take 5 minutes or so to list them, don't spend any longer than that.

CPUC - who?
CEC - who?
any others...

I already have the major environmental organizations, but if you think TURN or others should be included, let me know.

Thanks so much!
Catherine

Catherine McKalip-Thompson
Manager, Corporate Responsibility
Enron Corp.
Tel: 415-782-7842
Fax: 415-782-7854


Bummer.  Thanks for the quick answer.  The Maritimes case does give us at
least a small foothold to use.  DF

	From:  Susan Scott                           02/04/2000 11:08 AM

To: Drew Fossum/ET&S/Enron@ENRON
cc: sstojic@gbmdc.com, fkelly@gbmdc.com

Subject: Re: Gallup request for rehearing

My several hours of on-line research on this last Sept. turned up nothing on
point.  The only case that even addressed the issue of confidentiality of
contracts in a certificate context was one I'll excerpt here:

**
 In Maritimes & Northeast Pipeline, L.L.C., 80 FERC P 61,346 (1997),
Maritimes requested confidentiality for the precedent agreements it
submitted. Commission staff denied the blanket request, but indicated that
Maritimes could request that specific provisions be kept confidential.
Maritimes subsequently requested that the contract terms and various cut-off
dates [FN29] in the precedent agreements be kept confidential because such
information was commercially sensitive. On the other hand, Maritimes
requested that the terms and conditions of the backstop agreements be kept
confidential, but was willing to make the contract terms of 10 and 20 years
public. Generally, the Commission will deny blanket requests for
confidentiality of agreements that are submitted to demonstrate market
support for new facilities. [FN30] However, in the instance case, the
contract terms of the backstop agreements are public and, thus, evidence of
longterm subscriptions for Maritimes proposal are in the public record and
support our finding that Maritimes has demonstrated a market for its proposed
services. Therefore, we find no compelling reason to require the length of
the terms of the other precedent agreements or the cut-off dates to be made
public.

FN29 Cut off dates refer to points in time when individual contracts could
terminate contingent on the
occurrence of certain events.

FN30 See, e.g., Colorado Interstate Gas Company, 76 FERC P 61,291 (1996).
**

In Amoco Production Company and Amoco Energy Trading Company V. Natural Gas
Pipeline Company of America, 82 FERC P 61,037 (1998), which involved a
request for confidentiality of a gas sales agreement, the Commission
explained why a gas sales agreement should be given confidential treatment
but transportation contracts should not:

the Commission has explicitly held that gas transportation rates stand on a
different
footing from gas sales rates because pipelines and their competitors are
subject to similar disclosure
requirements. In ANR Pipeline Co., the Commission explained that unlike gas
sales in a
competitive market, transportation of natural gas is still regulated under
the assumption that the pipeline
exercises market power. Even where transportation competition exists, that
competition is from other
pipelines that are likely to be subject to similar filing and reporting
requirements.

There were several cases denying confidential treatment of rates in the
context of Section 4 cases.

Just to make sure I found everything, I'll do some follow up sometime in the
next few days and let you know if I find anything.

	From:  Drew Fossum                           02/04/2000 10:43 AM

To: Susan Scott/ET&S/Enron@ENRON
cc: Steven Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Lorraine
Lindberg/ET&S/Enron@ENRON, Donna Martens/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Keith Petersen/ET&S/Enron@ENRON, sstojic@gbmdc.com,
fkelly@gbmdc.com

Subject: Re: Gallup request for rehearing

Susan's draft has inspired me to vent months worth of frustration at the
Commission.  To save Susan from trying to translate my weird scribbles, I'm
having Martha type up my vitriol.  Please hold off on detailed comments on
Susan's draft unless you've already finished them.  I'll circulate a revised
draft to you all later today.  In the mean time, Susan and Frank and Steve,
are there not some cases in which the Commission has specifically granted
confidential treatment of precedent agreements or discount agreements in
expansion cases.  I know the bulk of authority is against us, but I seem to
recall at least a few stray decisions where the Commission granted confid.
treatment (even if only for a limited time).  Lets talk.  Thanks. DF

	From:  Susan Scott                           02/03/2000 03:52 PM

To: Drew Fossum@ENRON, Steven Harris/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, Lorraine Lindberg/ET&S/Enron@ENRON, Donna
Martens/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Keith
Petersen/ET&S/Enron@ENRON
cc: sstojic@gbmdc.com, fkelly@gbmdc.com

Subject: Gallup request for rehearing

Here is the attachment...

---------------------- Forwarded by Susan Scott/ET&S/Enron on 02/03/2000
03:51 PM ---------------------------

	From:  Susan Scott                           02/03/2000 03:51 PM

To: Drew Fossum@ENRON, Steven Harris/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, Lorraine Lindberg/ET&S/Enron@ENRON, Donna
Martens/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Keith
Petersen/ET&S/Enron@ENRON
cc: sstojic@gbmdc.com, fkelly@gbmdc.com

Subject: Gallup request for rehearing

Attached is my draft of a request for rehearing.  It incorporates Mr.
Stojic's and Mr. Kelly's initial comments.  Please review it and let me know
if you have any comments on or before Tuesday afternoon (I will be out of the
office Monday).  Thank you!


I'm at home this am (kid stuff) but will be in around lunch and all
afternoon.  I'll find you.

Kay

	From:  Ben F Jacoby @ ECT                           08/30/2000 09:50 PM

Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: LM6000 Change Orders

Kay:

Sorry I didn't get back to you on the draft ESA memo. Let's get together
tomorrow.

Regards,

Ben

	From:  Kay Mann @ ENRON                           08/30/2000 12:16 PM

To: Chris Booth/NA/Enron@Enron
cc: Kathleen Clark/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ben
Jacoby/HOU/ECT@ECT
Subject: Re: LM6000 Change Orders

Chris,

I would think that we would want to designate which units are affected by the
provisions of the change orders, to the extent a the change is specific to
certain units.  What do you think about that approach?

Kay

	From:  Chris Booth                           08/30/2000 11:32 AM

To: Kay Mann/Corp/Enron@Enron, Kathleen
Clark/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: LM6000 Change Orders

Please find attached my versions of Change Order 2 and Change Order 3.

Chris


Twanda-- send our report to Bob as well
----- Forwarded by Richard B Sanders/HOU/ECT on 01/26/2001 10:07 AM -----

	Robert C Williams@ENRON_DEVELOPMENT
	01/26/2001 09:11 AM

		 To: Richard Sanders
		 cc:
		 Subject: do you have any descriptions of the cal lawsuits i could crib for
ees derrick report?


---------------------- Forwarded by Randall L Gay/HOU/ECT on 07/24/2000 03:16
PM ---------------------------

ANITAREED@aol.com on 07/23/2000 06:24:38 PM
To: Randall.L.Gay@enron.com, pookie@pipeline.com, Walkrboys3@aol.com
cc: Tereed3@aol.com
Subject: August Islander

Hi Kathleen, Randy, Chris, and Trish,

Attached is the text of the August issue of The Islander.  The headings will
be lined up when Trish adds the art and ads.  A calendar, also, which is in
the next e-mail.

I'll appreciate your comments by the end of tomorrow, Monday.

There are open issues which I sure hope get resolved before printing:

1.  I'm waiting for a reply from Mike Bass regarding tenses on the Home Depot
article.  Don't know if there's one developer or more and what the name(s)
is/are.

2.  Didn't hear back from Ted Weir regarding minutes for July's water board
meeting.  I think there are 2 meetings minutes missed, 6/22 and July.

3.  Waiting to hear back from Cheryl Hanks about the 7/6 City Council and 6/7
BOA meetings minutes.

4.  Don't know the name of the folks who were honored with Yard of the Month.
 They're at 509 Narcissus.

I'm not feeling very good about the missing parts but need to move on
schedule!  I'm also looking for a good dictionary to check the spellings of
ettouffe, tree-house and orneryness.  (Makes me feel kind of ornery, come to
think about it!)

Please let me know if you have revisions.  Hope your week is starting out
well.

'Nita

 - AUGUST.WPD


Hi Sara, yes I sent this to David and I thought I copied you on it.  I can't
find it in my e-mail I must have deleted it.  If he still needs it I can
re-send it.

Thanks,
Melissa

From: Sara Shackleton on 09/06/2000 02:16 PM
To: Melissa Ann Murphy/HOU/ECT@ECT
cc:
Subject: Financial swap re PJM wholesale power

Melissa:  Did you ever send this to David per my email?
----- Forwarded by Sara Shackleton/HOU/ECT on 09/06/2000 02:15 PM -----

	Sara Shackleton
	08/25/2000 01:20 PM

		 To: Melissa Ann Murphy/HOU/ECT@ECT
		 cc:
		 Subject: Financial swap re PJM wholesale power

Melissa:  Would you please sent David an example of a confirm with the GTC's
(standard Annex A).  Please cc me.  Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 08/25/2000 01:18 PM -----

	David Portz
	08/25/2000 09:40 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Financial swap re PJM wholesale power

Sara:  When you have a chance, would you forward me a sample confirmation for
one of the above referenced trades?   I want to have a sense of the terms of
the GTCs attached to such confirmations when an ISDA master is not in place
with a counterparty.  Thanks.  --David


You're a doll.  Thanks.  Hope to talk to you soon.

Best,
Jeff


Since changes are in store for ENE, I wanted to pass along the following contact information.

Jane Wilhite
603 Leverkuhn
Houston, TX 77007
713-864-7281 (h)
832-654-0653 (c)
J_WILHITE@msn.com

Keep in touch and take care - Jane


Hey Greg,

Please forward to Ms. Bobbi.

Thank you


This request has been pending your approval for  137 days.  Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000041547&Page=Approval to review and act upon this request.

Request ID          : 000000000041547
Request Create Date : 6/19/01 7:50:30 AM
Requested For       : jaime.gualy@enron.com
Resource Name       : \\nahoutrd\houston\pwr\common\Electric - [Read]
Resource Type       : Directory


Dan and I spoke with Jim Eckert at Tenn - VNG is his customer.  Following are
the MDQ's and rates on the Tennessee contracts effective 11/1/2000

Contract MDQ  Delivery Point Demand Comm  Comment
47  16,373  S Webster $6.0800  $.0500  Demand is $6.08 for daily volumes
below 4,723 per day.
          Demand goes to $7.61 for daily volumes above 4,723 per day.

21881  4,599  S Webster $7.61  $.0500  See below

21882  518  S Webster $7.61  $.0500  See below

Comments:
If we flow to any points other than the primary delivery point, the demand
charge goes to max rate which is about $9.80.

Questions for Tennessee;
What are the rates for October?
Do the differences in demand and commodity apply to daily quantities or
monthly quantities?


As you may know, we're fortunate to have several Physicians "on staff"
(amazing what a T-shirt and cap will do...).   Seriously, these guys are not
just Fantasy Football Junkies, they're Physicians who deal with these types
of injuries for a living.   Every once in a while, we'll get one of our Docs
to share some insights.   Today is one of those times.

One of our readers in a dynasty league asked me today whether Marcus
Robinson's ACL / LCL injury was worse than Germane Crowell's Patella Tendon
injury.   I may not know a lot but I know when I'm over my head so this
question was immediately passed on to Footballguy.com Physician, Dr. C.J.
Coshal, MD.

Here's his reply:

Hi Joe,

Good question.    Glad to help.    First, both of these are season ending
injuries.    ACL injuries used to be career enders, but no more.

With more refined surgery and stapling techniques the ACL can be repaired.
It however is the major stabilizing ligament to the knee joint and it takes
a lot of rehab to get back the mobility and feeling comfortable so that the
repair is going to support you when you cut.    That is why most guys with
ACL injuries; come back the next year but don't do as well as the second
year after the injury.

If it had just been Marcus' LCL or MCL there was a chance he could have made
it back this season but paired with the ACL, it was a fatal blow.

Although Crowell's injury ends his season - in theory, it should have far
less implications for long term recovery.    First, to repair this you don't
even need to open the knee joint.    The repair is done by stapling the
tendon to the top of the main bone in the lower leg - the tibia.    Anytime
you can avoid opening a joint space, recovery is quicker.    Now it will
still take a lot of rehab - thousands of leg lifts without and then with
weights but once the muscle strength is regained from just nonuse - the leg
will be strong and stable.    It will be much less affected by cutting, etc.
The biggest problem for Germane is to be aggressive with strength
conditioning so it doesn't limit his jumping ability.    He's pretty tall so
even if he loses a couple of vertical leap inches it wont be that
noticeable.

So to make this short and sweet - anytime you have a choice between players
with these two injuries occurring at the same time you can bet

A) The ACL / MCL / LCL injury will take longer to recover from

B) That ACL / MCL / LCL injury has more implications for running and cutting
after the catch.

Where the art of medicine enters into this is that two different individuals
will approach their rehab differently.    Someone with a more serious injury
and a more diligent approach to their recovery can still surprise you.    My
best guess, Crowell will come back strong by early next season.    Robinson
will be slower to recover and you have to see how that affects him.    Can
he regain pre-injury form? - Yes, but probably not for 1 1/2 - 2 years.
Hope that helps.

By the way, I am not surprised at Hearst's recovery as I predicted but you
still have to admire the sheer patience and determination it must have
taken.  Sounds like good qualities for a RB.  Unfortunately for Robert
Edwards, he had the heart but there are some injuries you CANT come back
from.

I am also less than surprised at Eddie George's slow start.    I think
everyone underestimated his toe injury - it sounds like such a little thing
right?    Well, put your foot on the floor and push off - where does all the
weight go --to the base of your toes.    I think he can still have good
games but probably not till the second half of the season.

/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/

Thanks Doc!   You da Man.

Joe

/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/

Bryant Analytics, Inc.   All Rights Reserved 1999-2001

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