Well, we met and had dinner last night.  NOTHING of importance was discussed
during our entire meal and it was only when I brought things up as we were
leaving that any actual talking occurred.  Here are the basics...

- There is definitely no "us" anymore...and I quote "sometimes these things
just fade out"
- There is much I didn't know about him and I am sure even more that I still
don't
- Case in point...He was MARRIED before (yes, you read correctly married)
- Turns out he's been divorced about three years, it didn't end well and he
hasn't had a relationship that has lasted beyond       2 mos. in those three
years (even though, by his own admission, he has dated a lot) - Can you say
issues?
- He told me "I know this sounds so trite, but this really has nothing to do
with you, it's all me."  Of course I agreed with him saying "I know it's you
Ted, I don't have any problems." (He got a chuckle out of that one)
- I told him about my frustrations and disappointment with how he had handled
things and he apologised (evidently Kevin told him about our exchange at
Steak Night) and I also let him know how much I appreciated his handling of
things in the beginning
- I said I really hated animosity and hard feelings and that as long as he
hadn't done anything truly horrible to me (i.e. murder a family member, etc.)
I would really like to leave things on a good note...He agreed.
- He said I was a fantastic girl and that he still enjoyed hanging out and
talking with me (although I don't see us doing a lot of that)

So all in all I walked away with three very important things 1. A lightened
load (I got everything of my chest that I wanted to and needed to) 2. My
dignity (I handled it just as I'd hoped...with composure and wit) 3. A
clearer since of Ted as a person (He definitely has a lot of issues in his
life he has not completely dealt with yet, and who knows if he ever will?)

Anyway, I'm okay with everything and surprisingly feel pretty good.  I'll
talk to you soon.

Susan

By the way, I told him about the shirt idea (he thought it was funny, and
maybe just a little harsh)


Carlos,

Could you run a report that shows all the deals in my books (Financial and Gas Daily) as of close of business on Friday (Sept.14). I doubt I will do any trading over the next couple of days but you should probably wait until tommorow afternoon to run it.

Thanx,

Chris

-----Original Message-----
From: Torres, Carlos
Sent: Monday, September 10, 2001 9:36 AM
To: Dorland, Chris
Subject: RE: Position and P&L

No worries amd I will make sure your book is clean and ready by the time you get here!

Carlos
 -----Original Message-----
From: Dorland, Chris
Sent: Monday, September 10, 2001 8:30 AM
To: Torres, Carlos
Subject: RE: Position and P&L

Carlos

Thanx for the pos report. Would you mind sending it to me each morning? Also, can you make sure that they have all of the deals (other than the few I have done) transferred out of my book by the end of the week. I talked to Brian? and he said he would look after it but can you make sure it happens.

Thanx,

Chris

-----Original Message-----
From: Torres, Carlos
Sent: Mon 9/10/2001 9:13 AM
To: Dorland, Chris
Cc:
Subject: Position and P&L

<<Report_0907.xls>>

Carlos Torres
Enron Canada Corporation
403-974-6918


Aimee,

I have updated deal 15765 in Sitara for this change effective today.

D
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 12/20/2000
02:14 PM ---------------------------
From: Lee L Papayoti on 12/20/2000 11:42 AM
To: Daren J Farmer/HOU/ECT@ECT, Gary A Hanks/HOU/ECT@ECT, James
McKay/HOU/ECT@ECT
cc:
Subject: update on Union Carbide safety net gas

got a call last night from Carbide - they rescinded the change from 14,000/d
rate to 6,000/d rate for safety net gas that was due 9am this morning.

So here's where we should be now with Carbide:

Seadrift - no saftey net, just the 10,000/d baseload deal

Texas City - 10,000/d of the term deal, plus 14,000/d of safety net, total
24,000/d

call with questions

Lee
3.5923


Please contact Cheryl or Marilyn Colbert for any name change, mergers,
acquisition documents
---------------------- Forwarded by Adnan Patel/Corp/Enron on 11/14/2000
09:49 AM ---------------------------
From: Tana Jones@ECT on 11/14/2000 09:40 AM
To: Adnan Patel/Corp/Enron@ENRON
cc:
Subject: Re: EOL Credit GCP Responses 11/09/00

Is Calpine Energy Services, L.P. a name change from Calpine Power Services
Company?  If it is I need to see the name change, because I have a financial
master executed under Calpine Power Services.  Can you fax it to me at
713/636-3490.  Thanks!

	Adnan Patel@ENRON
	11/10/2000 10:01 AM

		 To: Karen Lambert/HOU/ECT@ECT
		 cc: Tana Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT,
David Hardy/LON/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Cynthia
Clark/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Enron Europe Global
Contracts and Facilities@ECT, Enron Europe Global CounterParty@ECT, Stephanie
Sever/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT, Stacey
Richardson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Claudia Clark/HOU/ECT@ECT,
William S Bradford/HOU/ECT@ECT, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Lee Munden/LON/ECT@ECT, Tim
Davies/LON/ECT@ECT
		 Subject: Re: EOL Credit GCP Responses 11/09/00

Attached is the list of GCP Signoffs on EOL Approvals for 11-09-00, marked in
RED

Adnan

Bradley Diebner@ECT
11/10/2000 07:54 AM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Debbie
R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli Campbell/HOU/ECT@ECT,
Cynthia Clark/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Enron Europe
Global Contracts and Facilities, Enron Europe Global CounterParty, Stephanie
Sever/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT, Stacey
Richardson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON,
Claudia Clark/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Lisa
Lees/HOU/ECT@ECT, Juana Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron,
Trang Le/HOU/ECT@ECT, Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Lee
Munden/LON/ECT@ECT, Tim Davies/LON/ECT@ECT
cc:
Subject: EOL Credit Responses 11/09/00

Regards,
bd


Attached is a revised version of the Posting Agreement.  Unfortunately, the
redline against the version sent to us by S&C shows practically the entire
agreement as brand new text (instead of showing changes to the old text), so
it will not be particularly helpful to review a redline.

The changes to S&C's draft are extensive, but most changes are added
definitions, termination rights, representations and warranties, and the like
-- the provisions regarding how the platforms work together and how contracts
are entered into are essentially the same.

Let me know how you want to proceed with your review of this draft -- I'm
happy to discuss it with you before your review if you want..

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


Sorry this took so long...  Sally says put her on our Co #413, RC # 0813 for
now.  Also, she would like Angelique's resume as soon as possible.  Sally is
in Calgary but she asked me to fax it to her as soon as I get it, so tomorrow
would be great.

Thanks for your help,
Patti
x39106

Sheila Pardo
04/18/2000 03:09 PM
To: Patti Thompson/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Shelly Jones/HOU/ECT@ECT
Subject: Summer Intern Information

Patti:

The following intern will be in Sally's department this summer:

 Name   Start Date  SS#

 Angelique Woods May 22, 2000  460-73-6365

Please let me know the CO# and Cost Center#.

If you have any questions, I can be reached at x35850.

Thank you.

-sap


Attached is a revised petition which includes the section of ECS' discussions
with WFEC.  Please review.  I sending out this draft for the sake of saving
time without review by my clients and am asking them to review as well.  I
assume the next step is for Jeff to revise the conclusion with the bullets
points and circulate a final draft for everyone's review.  Let me know if
this is not the case.  Thanks for your help.


hey you,

just writing to see if you made it home ok. it was a fun week, great weather
and all. it is cold again when i came back up here it won't let up i'm ready
for summer. maybe we can get together and grab a margarita sometime whenever
i come back in.

take care,
george

PG&E National Energy Group and any other
company referenced herein that uses the PG&E name or
logo are not the same company as Pacific Gas and
Electric Company, the regulated California utility.  Neither
PG&E National Energy Group nor these other
referenced companies are regulated by the California Public
Utilities Commission.  Customers of Pacific Gas and Electric Company
do not have to buy products from these companies in order
to continue to receive quality regulated services from the utility.


Any room at the inn?  I am looking for a spot for Beth Apollo.  She will be
working with me, starting on January 29th in Houston.  --Sally

I am in London this week, but if you have any ideas Patti can follow through
while I am out.
---------------------- Forwarded by Sally Beck/HOU/ECT on 01/16/2001 06:47 PM
---------------------------

	Enron North America Corp.

	From:  Patti Thompson                           01/16/2001 12:41 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Beth's location

Sally,

Beth's assistant is wanting to know where Beth will be sitting - where they
are to ship her boxes.  Any ideas or anything you want me to do regarding
this?

PT
---------------------- Forwarded by Patti Thompson/HOU/ECT on 01/16/2001
12:42 PM ---------------------------
From: Janine Treader on 01/16/2001 06:29 PM GMT
To: Patti Thompson/HOU/ECT@ECT
cc:
Subject: Beth's location

Hi Patti,

This will probably be the first of many emails in the next couple of weeks.

Do you have a location as to where Beth will be sitting over there?  We'll be
packing up her boxes soon to ship over and for future post etc.

Also, she will need a new extension number.  She would most definately prefer
an 853 number and if you can use her VP status to help her get one if they
refuse (her words) then that would be great.  Her old number was 853-5521
although someone else may have that now.

Thank you for your help.  It is very much appreciated.

Janine


it's been changed

Kerri Thompson@ENRON
02/07/2001 02:56 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: natsource

516628

broker has Q3 02

thanks


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

	James D Steffes
	02/28/2001 07:54 AM

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

While we don't need to do any lobbying on this bill, if anyone hears any
information about chances for success it would be good to get the info to
me.  Enron Wind has an interest in seeing this bill move forward.

Thanks,

Jim

----- Forwarded by James D Steffes/NA/Enron on 02/28/2001 07:52 AM -----

	Alan Comnes@ECT
	02/27/2001 10:32 PM

		 To: David Parquet/SF/ECT@ECT, Michael Etringer/HOU/ECT@ECT, Christopher F
Calger/PDX/ECT@ECT, Mark Fillinger/SF/ECT@ECT, Sandra
McCubbin/NA/Enron@Enron, Hap Boyd/EWC/Enron@Enron, James D
Steffes/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT
		 cc:
		 Subject: QF Meeting Today--Highlights

Despite the fact the bill, by itself, does not guarantee payment for overdue
receivables, the QFs on today's call decided to go forward and push for SBX
47 irrespective of the progress on SBX 33.  A press conference is planned for
Friday by IEP.  Bowen, who heads up the first committee that this bill will
go through will have hearings on this bill on Tuesday at the earliest.

Jan S-J asked every QF to fax to IEP a description of all QF generation and
the zip code of each project so that they can begin lobbying specific
legislators.  A significant PR push is planned.

SBX 47 is opposed by SCE.  PG&E's position appears more ambivalent.  One
angle would be to try to get PG&E to support Enron's swap/SC language and
make inclusion of such language a condition of PG&E's support.

GAC


Sorry for the oversight.

Bill

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Thursday, January 03, 2002 6:57 PM
To:	Bradford, William S.
Subject:	RE: List of Topn 50 counterparties

Did you do anything to it - I can't see.

 -----Original Message-----
From: 	Bradford, William S.
Sent:	Thursday, January 03, 2002 6:44 PM
To:	Kitchen, Louise
Subject:	RE: List of Topn 50 counterparties

Here is a start on the list.  We have a meeting with UBS in the AM to review as well.  Obviously, I am putting limits that we would be willing to extend from a Credit Perspective only.  Taking into account liquidity and commercial drivers may adjust these numbers.  Let me know if you would like to discuss.

Regards,
Bill

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Thursday, January 03, 2002 3:43 PM
To:	Bradford, William S.
Subject:	FW: List of Topn 50 counterparties

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Thursday, January 03, 2002 3:42 PM
To:	'richard.a.stuckey@ssmb.com'
Subject:	List of Topn 50 counterparties

Aquila
AEP
Dynegy
Duke
Reliant
Mirant
Coral
Sempra
Cook Inlet Energy Supply L.L.C.
El Paso
Williams
Texaco Natural Gas Inc.
TransCanada
Entergy-Koch
BP Energy Company
Cinergy
MidAmerican Energy Company
El Paso Merchant Energy - Gas, L.P.
PG&E Energy Trading-Gas Corporation
BP Corporation North America Inc.
Tenaska Marketing Ventures
Enserco Energy, Inc.
Calpine
Utilicorp United Inc.
Constellation Power Source, Inc.
Conectiv Energy Supply, Inc.
Tractebel Energy Marketing, Inc.
EnergyUSA-TPC Corp.
e prime, inc.
CMS Marketing, Services and Trading Company
Koch Energy Trading, Inc.
TXU Energy Trading Company
J. Aron & Company
ONEOK Energy Marketing and Trading Company, L.P.
Engage Energy Canada L.P.
Nexen Marketing
Hess Energy
PanCanadian Energy Services Inc.
Mieco Inc.
Cargill Energy, a division of Cargill, Incorporated
Morgan Stanley Capital Group Inc.
Virginia Power Energy Marketing, Inc.
OGE Energy Resources, Inc.
Allegheny Energy Supply Company, LLC
PG&E Energy Trading - Power, L.P.
IDACORP Energy L.P.
PSEG Energy Resources & Trade LLC
Texla Energy Management Inc.
Avista Energy, Inc.
Coastal Merchant Energy, L.P.

Louise Kitchen
Chief Operating Officer
Enron Americas
Tel:  713 853 3488
Fax: 713 646 2308


During this Holiday Season we extend our sincere thanks for
your valued business and wish you continued success in
the New Year!

For our PERSONAL HOLIDAY GREETING go to:
 http://www.emissionstrading.com/holidaycard2001.htm

Cantor Fitzgerald
Environmental Brokerage Services (EBS)
Josh, Robin, Andy,
Christine, Laurie, Lauren,
Mike, Alexa, Sikina, Patrick,
Lori, and Mica
Cantor Fitzgerald Environmental Brokerage Services  800.228.2955

---------------------------------------------------------------------
If you would prefer not to receive further messages from this sender:
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Approved.  Please note that Co. # should be 0342 for Misc. Expense on
Todd032400LondonSAP expense report.
Thanks,
Sally Beck
---------------------- Forwarded by Sally Beck/HOU/ECT on 03/28/2000 03:03 PM
---------------------------

	Enron North America Corp.

	From:  Lynn Tippery                           03/24/2000 04:25 PM

To: Sally.Beck@enron.com
cc: Patti Thompson/HOU/ECT@ECT, D.Todd.Hall@enron.com@ECT
Subject: Todd Halls Exp Rpts

Hi Sally,
Would you please approve and forward to Expense Report stating your approval.

Patti has the orginal hard copies if you want to review them.  I thought
emailing this to accounting
might get it processed quicker.
Thank you
Lynn


This article has the angle I spoke of on yesterday's call ...

 State reviews draft plan to prohibit energy exports
Published Sunday, March 11, 2001, in the San Jose Mercury News
BY STEVE JOHNSON

Mercury News

To the concern of some of its neighbors, California appears to be getting
more serious about the idea of banning its electricity generators from
selling to other states on days when power supplies here are critically short.

A draft proposal to prohibit such exports was circulated late last week by
the California Independent System Operator, which oversees most of the
state's power grid. Although officials there could not be reached for
comment, the proposal said the agency plans to seek approval for the ban from
the Federal Energy Regulatory Commission, which supervises power wholesalers.

The proposal would require California generators ``to make full capacity
available'' to this state when electricity reserves dip below 7 percent, a
condition that results in a Stage 1 emergency. Rolling blackouts can result
after a Stage 3 emergency, when reserves fall below 1.5 percent.

Gov. Gray Davis and other California officials have been mulling over the
idea of such a ban for months. They are concerned about California's power
being shipped elsewhere, particularly when the state is scrambling to find
enough electricity to keep the lights on.

A Mercury News analysis in December found that thousands of
California-generated megawatts -- enough to supply several million homes --
were routinely being sold to other states during hours when power here was
critically short.

In addition, the draft proposal said banning exports could help prevent
generators from engaging in ``megawatt laundering,'' in which they
artificially inflate the price of their power by selling it out of state to
an affiliate or an associate and then back into California just before it is
needed. While in-state power suppliers are somewhat limited in what they can
charge, no such constraints apply to power sold into California during
electrical emergencies.

But because California is highly dependent on electricity imports, some
experts fear that banning energy exports could backfire. They said other
states that periodically rely on power from California might retaliate by
barring their generators from selling power to the state.

``Steps that would essentially Balkanize the intertie could be
counterproductive,'' said David Danner, energy policy adviser to Washington
Gov. Gary Locke, in reference to the major high-voltage line known as the
intertie that links California to the Pacific Northwest.

Danner praised Davis' recent efforts to solve California's energy problems.
Even so, he said, any restriction on the flow of electricity could provoke
anger in Washington state, where record-low rainfall has hurt the ability of
the region's hydroelectric dams to make power and where some residents have
seen their utility bills soar.

``I get calls every day from people . . . who say, `Why should I sit in the
dark when all the power gets shipped to California?' '' said Danner, noting
that Washington residents have been asked to drastically cut back on their
electricity this year. ``There is some resentment.''

Roy Hemmingway, an energy specialist in the office of Oregon Gov. John
Kitzhaber, expressed concern that the proposed ban would hinder what he
called ``the mutually advantageous exchange of power between the Pacific
Northwest and California.

``We in Oregon are pretty sympathetic to the extremely difficult situation
that California is facing,'' he said. Even so, he added, ``I am hoping this
proposal would have some flexibility in it.''

------------------------------------------------------------------------------
--

Contact Steve Johnson at sjohnson@sjmercury.com or (408) 920-5043.

# # #


-----Original Message-----
From: Polsky, Phil
Sent: Tuesday, October 23, 2001 6:20 PM
To: Grigsby, Mike
Subject: ExpansionSummary 10-11-01

Here is the raw data file.

 ExpansionSummary 10-11-01


Sugarbooger,

Looks like Continental is our best bet at $620 per ticket, which I'm assuming
reflects the beginning of the official high season in C.R.  American is
slightly lower but you have to go THRU MIAMI!  Ick!
There is a 9:30 a.m. out of Houston on 12/9 and the return trip from San Jose
is at 8:10 a.m. (a 3 p.m. was also available).
They're holding the tickets for us; if we want them, we have to decide before
COB tomorrow.

Muchos besos!
S.


Stuart -

This is the finalized DRAFT agreement with Cinergy for the maintenance of the
Wheatland switchyard.  I recommend including it and the e-mail below in the
due diligence.  I'll hold off on signing until we know something more on the
sale.

Mitch
---------------------- Forwarded by Mitch Robinson/Corp/Enron on 10/10/2000
05:30 PM ---------------------------

"Mink, Dale" <dmink@Cinergy.com> on 10/10/2000 01:58:48 PM
To: "Larry. Soderquist (E-mail)" <Larry.Soderquist@enron.com>, "Martin. W.
Penkwitz (E-mail)" <Martin.W.Penkwitz@enron.com>, "Mitch. Robinson (E-mail)"
<Mitch.Robinson@enron.com>
cc: "Richey, John" <j.richey@Cinergy.com>

Subject: Revised Wheatland Proposal

Larry, Attached is the revised proposal that you and I spoke about. We have
incorporated the adjustments for meter testing and have slightly adjusted
the proposal price. Please review the modifications and if acceptable I will
mail out the signed hard copies upon receipt of your approval. Thanks for
your patience and cooperation during this development period. Hopefully in
the future if the occasion arises for us to pursue these same services, we
will have the foundation for a quick agreement,
Thanks again,
Dale
 <<West Fork Land Development Final.doc>>

 - West Fork Land Development Final.doc


John:

I will get on your calender in January when I am over.  It is also my
understanding, for the credit trading business you are developing, that
Chinese walls are not necessary.  But it will be necesary to address if
equity trading starts up.  Also, there are probably related issues, like
restricted lists and the like, that could apply to credit trading.  Hope you
have time to enjoy the Holidays.  Take care.


Teb,
I talked with Dennis a little bit about this.  (Dennis, we currently have electronic contracting for capacity release only).  We have language in TW's tariff for electronic contracting for capacity release on Sheet No. 72B.

Let me know what you want to do and if we want to duplicate the Florida language.

Jeanette

 -----Original Message-----
From: 	Lee, Dennis
Sent:	Thursday, January 17, 2002 3:29 PM
To:	Lokey, Teb; Doll, Jeanette; Rapp, Bill; Trevino, Linda; Lee, Dennis
Subject:	TW Tariff changes to allow for Electronic Contracting
Importance:	High

Transwestern is getting ready to begin testing their new contract system.  In preparation for implementation of the new system, we need to make changes to TW's tariff to allow the option of Electronic Contracting the same way we did to FGT's tariff when we implemented their new system.

The new contract system is scheduled to go into production Q1, 2002.

Teb, do we need a meeting, or can you proceed?

Let me know.

Dennis P. Lee
ETS
Gas Logistics
(713) 853-1715
dennis.lee@enron.com


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Thursday Dec 13, 2001 18:38:19


John, it's good to hear from you!

A few things on your paralegal friend.  First, we don't currently have any
openings, though we have tended to hire paralegals with a lot of experience.
Most of the paralegals in our group have about 15-25 years experience.  Also,
we recently hired someone, and I don't anticipate us hiring for awhile.

Most of Enron's litigation work is done out of Enron Corp.  They do have a
big litigation group up there, and that would be the most obvious place to
start.  Chuck Cheek is the head lawyer for that group.  You could forward her
resume up there with a note, it might get it more personal attention.  Also,
keep watching (or she can watch, it online) the job bank, they advertise
paralegal jobs there from time to time with all the Enron companies.

Another group that might be interested in hiring paralegals, and might hire
paralegals with less experience, is the Global Contracts Group headed up by
Mary Solmonson.  They're always looking for people, and it might be a good
way for your friend to get her foot in the door at ECT.  Also, if her
undergraduate degree was in business, obviously, she might have some more
options in other groups.

As far as running goes, I'm trying to get back into shape.  I'm just
surviving 3 miles around the park, and this weekend I plan to double my
mileage to 6.  It sounds like we're both not in fighting form.  But I do want
to start training in July with Houston Fit for the Houston Marathon again.


Hey Jeff, when are noms for the 1st due?

Thanks


Thanks.  Let's make sure to document any changes in DMS.

 -----Original Message-----
From: 	Thompson, Virginia
Sent:	Monday, May 06, 2002 5:48 PM
To:	Grace, Rebecca M.
Cc:	Gang, Lisa; O'Neil, Murray P.; Savage, Gordon; Rance, Susan
Subject:	matching Scheduling spreadsheets to EnPower

Grace-

  In regard to proposal #3 in your email:

 Our Scheduler Lisa Gang has volunteered to go thru and see that EnPower matches the Scheduling excel worksheets for December 2001 thru January 2002.  Some changes have been made already by Susan Rance, Gordon Savage, or myself.  Lisa will attempt to hi-light further changes that need to be made to EnPower and we will make those changes here in West Volume Management.  Hopefully this will get EnPower trued up so that we have more confidence that EnPower is correct according to our information.

 V


Per conv. w/Anthony, we should expect 13 people.  We do not need to
teleconference anyone in.  Anthony wanted the London Global Contracts people
on the line, but I discussed it with Mark, and their forms and legal issues
are so different from ours that I told Anthony that they need to contact
London Legal if they would like a presentation.


Mark,

    This is acceptable to BEA.  Shall I insert this into the latest version
of the NDA
letter in anticipation of Enron's approval, or just hold tight until I hear
from you?

    Steve

Mark.Greenberg@enron.com wrote:

> Steve -
>
> Thanks for the response.  I wanted to focus on the non-solicitiation
> provisions as this is as important to us as it is to BEA.  I have attached
> below a copy of more "standard" language that we would like to see in a
> mutual non-solicitation situation.  Please take a look at this and let me
> know your thoughts.
>
> There is an internal process that must be followed in approving a mutual
> non-solicitation provision.  Accordingly, if this language is acceptable,
> please let me know as soon as possible so that I can initiate the process.
>
> I will be out of the office for the next few days, but will be getting my
> e-mail messages (usually at night).
>
> Thanks for the cooperation.
>
> (See attached file: BEA - nonsolicit language.doc)
>
> Mark
> Senior Counsel, EWS
> Phone:     713-345-8897
> Facsimile: 713-646-3490
> E-Mail:      Mark.Greenberg@enron.com
>
>
>                     Steve Howarth
>                     <steve.howart        To:     Mark.Greenberg@enron.com
>                     h@bea.com>           cc:     Tana.Jones@enron.com, Mike
Thack
>                                          <mike.thack@bea.com>, Francis Minor
>                     05/01/2001           <fminor@bea.com>
>                     06:59 PM             Subject:     BEA - ENRON:
NONDISCLOSURE
>                                          AGREEMENT/LETTER]
>
>
>     Mark,
>
>     Thanks for the feedback.  I think that the only open issue is the
> Section 5
> nonsolicitation provision.  BEA has a corporate policy against
> nonsolicitation commitments,
> primarily because of the administrative burden in keeping track of such
> obligations.   Of
> course, it would be extremely short sighted of BEA to target a customer's
> employees.  The
> only way that BEA could consider any such commitment would be to make the
> provisions
> mutual.  As a practical matter, BEA is more at risk of having a customer
> solicit its
> employees - who are experts with the BEA software in which a customer is
> interested - than
> is our customer whose employees are experts at the customer's business in
> which BEA is not
> engaged.
>
>     I have attached a revised draft of the NDA letter in which I have
> incorporated your
> feedback and added in a mutual nonsolicitation provision.
>
>     Does this work for you?
>
>     Regards,
>
>     Steve
>
> Mark.Greenberg@enron.com wrote:
>
> > Steve -
> >
> > Thanks for the comments.  Here are my responses:
> >
> > 1.  Introductory Paragraph - Section (a) is unacceptable as this places
> an
> > administrative burden on Enron that currently does not exist.  Section
> (b)
> > is acceptable.
> >
> > 2.  Paragraph 3 - Changes are acceptable.
> >
> > 3.  Paragraph 4 -  Changes in this section are acceptable, however, it is
> > Enron's strong preference that no indemnity language be included.
> >
> > 4.  Paragraph 5 - Deletion of this provision is unacceptable.
> >
> > 5.  Paragraph 6 - This deletion is fine.
> >
> > 6.  Paragraph 7 - This change is acceptable.
> >
> > 7.  Paragraph 9 - This change is acceptable.
> >
> > If we still need to discuss the above items, please call me.  Otherwise,
> > please confirm that we can move forward based upon your changes and
> Enron's
> > responses.
> >
> > Thanks.
> >
> > Mark
> > Senior Counsel, EWS
> > Phone:     713-345-8897
> > Facsimile: 713-646-3490
> > E-Mail:      Mark.Greenberg@enron.com
> >
> >
> >                     Steve Howarth
> >                     <steve.howart        To:     mark.greenberg@enron.com
> >                     h@bea.com>           cc:
> >                                          Subject:     [Fwd: BEA - ENRON:
> NONDISCLOSURE
> >                     05/01/2001           AGREEMENT/LETTER]
> >                     11:52 AM
> >
> >
> >
> >     Mark,
> >
> >     Sorry, but I misspelled your name when I first sent the following
> > message this morning.
> >
> >     Regards,
> >
> >     Steve
> >
> > X-Mozilla-Status2: 00000000
> > Message-ID: <3AEEE8FB.2FBD727D@bea.com>
> > Date: Tue, 01 May 2001 10:48:59 -0600
> > From: Steve Howarth <steve.howarth@bea.com>
> > X-Mailer: Mozilla 4.61 [en] (Win98; I)
> > X-Accept-Language: en
> > MIME-Version: 1.0
> > To: mark.greenburg@enron.com
> > CC: Francis Minor <fminor@bea.com>, Mike Thack <mike.thack@bea.com>,
> > Chuck Hixson <chuck.hixson@bea.com>
> > Subject: BEA - ENRON:  NONDISCLOSURE AGREEMENT/LETTER
> > Content-Type: multipart/mixed ; boundary="
> > ------------2161B611D0F97A4065FF80B8"
> >
> >     Mark,
> >
> >     I have been asked to review the proposed NDA/letter submitted by
> > Enron to BEA.  Attached are redlined and clean versions of Rev2 of the
> > letter showing our proposed modifications.  If this Rev2 is acceptable,
> > I will be pleased to print, sign and return to you the clean version on
> > BEA's behalf.
> >
> >     Please feel free to contact me at 720.528.6007 if you have any
> > questions.
> >
> >     Regards,
> >
> >     Steve
> >
> > (See attached file: ENRON  NDA 01 05 01, rev2redline.doc)
> > (See attached file: ENRON  NDA 01 05 01, rev2clean.doc)
> > (See attached file: steve.howarth.vcf)
> > (See attached file: steve.howarth.vcf)
> >
> >
> ------------------------------------------------------------------------
> >                                           Name: ENRON NDA 01 05 01,
> rev2redline.doc
> >    ENRON NDA 01 05 01, rev2redline.doc    Type: Winword File
> (application/msword)
> >                                       Encoding: base64
> >
> >                                         Name: ENRON NDA 01 05 01,
> rev2clean.doc
> >    ENRON NDA 01 05 01, rev2clean.doc    Type: Winword File
> (application/msword)
> >                                     Encoding: base64
>
> (See attached file: ENRON  NDA 01 05 01, rev3redline.doc)
> (See attached file: ENRON  NDA 01 05 01, rev3clean.doc)
> (See attached file: steve.howarth.vcf)
>
>   ------------------------------------------------------------------------
>                                     Name: BEA - nonsolicit language.doc
>    BEA - nonsolicit language.doc    Type: Winword File (application/msword)
>                                 Encoding: base64
>
>                                           Name: ENRON NDA 01 05 01,
rev3redline.doc
>    ENRON NDA 01 05 01, rev3redline.doc    Type: Winword File
(application/msword)
>                                       Encoding: base64
>
>                                         Name: ENRON NDA 01 05 01,
rev3clean.doc
>    ENRON NDA 01 05 01, rev3clean.doc    Type: Winword File
(application/msword)
>                                     Encoding: base64

 - steve.howarth.vcf


Sara,

We have a Master Agreement with NAB Limited.  However, we are doing our FX trades with NAB London.  Presumably, this is simply a branch of NAB Limited which is headquartered in Australia.  Is this a mulitbranch agreement?  Does it cover trades with the London branch?  Let me know what you think.  Thanks!


I received a call late yesterday from Mr. Bill Garner at Petrie Parkman &
Company concerning the Wildhorse divestiture by Tom Brown.  Since we already
have a confidentiality agreement with Tom Brown, a package will be sent to
us today overnight  (assuming printing goes as planned.)  The data room will
be opened up either late next week (10th - 12th) or early the following week
(15th) at K-N's office in Denver.

Bill indicated that the Wildhorse assets are being split up into various
pieces:

3 major groupings (West, East, and Rulison)
a)  Of the West piece, there will be 2 major subgroups (Northern, Southwest)
b)  Of the Southwest piece (which we looked at), the assets are being
presented as 6 subgroups (Westwater, Bar-X, Premier Bar-X, Pine Springs, San
Arroyo, South Canyon).  Bill could not tell me where the Badger Wash Field
gathering piece falls under during the phone call.

Bill indicated that you can bid on any individual piece or all pieces or any
combination thereof.

I indicated interest in seeing the information for the entire Western part
of the system.

Ken Krisa


----- Forwarded by Richard B Sanders/HOU/ECT on 09/01/2000 11:08 AM -----

	"JOHN G KLAUBERG" <JKLAUBER@LLGM.COM>
	09/01/2000 08:28 AM

		 To: <Richard.B.Sanders@enron.com>
		 cc:
		 Subject: Infineum

Richard:  I must admit I feel like a real pain in the ___ since I know how
much stuff you have going on, but I wanted to see if we could set up a call
with you with some of our folks working on the Infineum lawsuit so that we
are in a position to file responsive papers in the case shortly.  As we
initially discussed, the factual situation relating to East Coast's history
of dealings with Infineum (formerly Exxon) is incredibly complex as are the
various contractual and other documents.  Jon Mostel, our principal
transactions lawyer who has been working for more than a year with East Coast
Power on the contract with Tosco (i.e., Bayway Refining Company), has been
instrumental in providing the factual, legal and regulatory predicates for
the East Coast deal and how Infineum fits into or is affected by that.  We
have given significant thought over the past few weeks to the underlying
issues in the case, the relevant precedent as well as the likely strategic
moves at this point, taking into account the particular federal judge
assigned to the case.  We would like to walk through our thought process with
you to obtain your input on the case strategy at this point, particularly if
Enron has a general policy or pre-disposition on the litigation side to go
one way or the other from a procedural standpoint subject, of course, to the
specific facts present in the case.  Could you let me know if there may be a
convenient  time when you could speak with us.  You could call me or Steve
Levitsky (212) 424-8309, one of my litigator colleagues here in New York who
is assisting Stuart in preparing the case.  As I noted in my v-mails, Stuart
recently has been involved in an ongoing trial in Federal Court in New Jersey
and Steve has been taking the laboring oar on the necessary research and
factual investigation and is fully familiar with the case.  Hopefully, we
could do it before next Wednesday, but if it would be of any help I will be
in your offices next Wednesday and with a little juggling I could probably
visit you in your office sometime in the a.m. or afternoon and then plug our
litigators in by phone.  Perhaps you could reply to this and let me know what
might work for you.  Thanks.  I hope that you have a good holiday weekend.
John

"This e-mail, including attachments, contains information that is
confidential and it may be protected by the attorney/client or other
privileges.  This e-mail, including attachments, constitutes non-public
information intended to be conveyed only to the designated recipient(s).  If
you are not an intended recipient, please delete this e-mail, including
attachments and notify me by return mail, e-mail or by phone at 212
424-8125.  The unauthorized use, dissemination, distribution or reproduction
of the e-mail, including attachments, is prohibited and may be unlawful.

John Klauberg
LeBoeuf, Lamb, Greene & MacRae, L.L.P.
212 424-8125
jklauber@llgm.com


TOP 10 PRIORITIES                                    1.  Alberta Power
Purchase Agreements -  If Enron Canada is successful in the PPA auction,
Enron Canada will have a very long position in the Alberta wholesale market;
continued risk mitigation efforts, advocacy of  good transmission and
distribution tariffs,  and development of rules for Plan "B" ( for those
units that received no bids) will be
critical.                                   2.  Continued support for
ongoing commercial transactions other than the PPAs and help in
identification of where commercial opportunities are. (An example of the
later, work  with commercial people to analyze how recent initiative re
transmission tariff and wholesale market design in Ontario enhance
opportunities for "Power by the Hour" and other distributed generation
projects.)                              3. Ontario Electricity Market Opening
- work to avoid further delay in market opening and advise on the development
of procedures and practices for the new market. (As an example of the later,
working with traders in Toronto and Houston to understand mechanisms for
interregional trade and transmission rights, and the commercial
opportunities that exist.)                                  4. Enhancement of
wholesale market design in Alberta and Ontario.
5. Assist Enron Canada and EES Canada  in better understanding rules
applicable   to wholesale and retail transactions in Ontario and
Alberta.                     6. Alberta Natrural Gas
Unbundling.                                  7. Renewed focus on potential
for restructuring of power markets in British Columbia in the event that the
New Democrats (socialists) are defeated and replaced  by a Liberal
(pro-business) government in the province.
RECOMMENDATIONS TO MAKE GOVERNMENT AFFAIRS MORE
EFFECTIVE                                              1. Encourage
government affairs staff based outside of Houston to make periodic visits to
Houston to meet with Houston based group and to meet with commercial groups
in Houston. (In our case this would include
Calgary).                               2. Replace or supplement the large
group meetings with smaller meetings/seminars in which smaller groups can
focus on issues of particular interest or enhance their understanding of a
particular issue.  Seminars would be more in depth than what is possible in
current group meeting format.                        3. Continue to enhance
the information retrieval system so it  is easier to locate useful material
(i.e. submissions, filings, etc.).                        4. Continue to
emphasize to the commercial group  (at all levels) the value to Enron of
involving  government affairs in every major transaction  (value enhancing,
risk mitigating) -  this should become the practice rather than the
exception.


Yes we are aware.   thanks.

 -----Original Message-----
From: 	Simpson, James
Sent:	Wednesday, May 30, 2001 7:43 AM
To:	Presto, Kevin M.
Subject:	FYI - Power info.

For what its worth

Jim

	t.hermann@pecorp.com 05/30/2001 07:24 AM 	   To: d.fuentes@pecorp.com  cc: richard.tomaski@enron.com, r.rodriguez@pecorp.com  Subject: FYI - Power Info.

Here is some information that you probably are already aware of, but just in
case......

You may recall that Com Ed sold all of their coal-fired units and gas fired
units to EME (Edison Mission Energy). I don't remember exactly how many
megawatts are now owned and controlled by Mission, but it is between 15,000
and 20,000 MW throughout Northern Illinois.   Mission's union has authorized
a strike to be effective June 1.  Unlike Peoples, Mission does not have many
management employees in the Chicago area (Mission is a California-based
corporation).  Therefore the odds of the plants remaining in operation
during a strike are low.  They would likely keep a couple of key plants on,
and the rest would idle.

Power prices currently do not support operation of Allegheny or
Constellation, but a large outage may change that.  Bill Quigley has some
good contacts that have been keeping him up to date on the status of this.
If they strike we may see Allegheny, Constellation and Elwood fire even when
weather is not extreme.

--Tim

----------------------------------------------------------------
The information transmitted is intended only for the person
or entity to which it is addressed and may contain confidential
and/or privileged material.  Any review, retransmission,
dissemination or other use of, or taking of any action in reliance
upon, this information by persons or entities other than the
intended recipient is prohibited. If you received this in error,
please contact the sender and delete the material from any computer.


Your are invited to join Kim and I for lunch today.  I  want to got to
Highland Village to Harolds and LaMadelline unless my better sense take hold.

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


Here's Ackerman's weekly rant and his email address.  He'll put you on the
distribution, and you can contact him about info on the KW memorial award.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 06/10/2001 11:44 AM -----

	Gary Ackerman <foothillservices@mindspring.com>
	06/08/2001 03:39 AM
	Please respond to foothillservices

		 To: webmaster <charlotte@wptf.org>
		 cc:
		 Subject: WPTF Friday Meter Weeder Burrito

 - Freedomburrito.pdf


I talked with Chris G a little while ago---Two important items to note:

* He will be working on the rest of the CES business on Saturday and should
be ready for us to bill out on Monday.

* On the manual invoice that was sent this past week.... CGAS was actually
netted (the net of Sales and Purchase for this pipe only) so we need to find
out what the real sales and purchase prices are when it's time to fix it in
Unify (Chris, this one's a heads up for you when we see you for clean ups).

Ok....c'est tout.

S


As requested...
please let me know if you have any questions!
thanks
Sheri

	Enron North America Corp.

	From:  Sally Beck                           11/28/2000 12:06 PM

Sent by: Patti Thompson
To: Peggy Hedstrom/CAL/ECT@ECT, Shona Wilson/NA/Enron@Enron, Brenda F
Herod/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron, Mary Solmonson/HOU/ECT@ECT,
Sheri Thomas/HOU/ECT@ECT, James Scribner/Corp/Enron@Enron, Leslie
Reeves/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT
cc: Pamela Sonnier/HOU/ECT@ECT, Yvette G Connevey/Corp/Enron@ENRON, Heather
Choate/HOU/ECT@ECT, Marvia Jefferson/HOU/ECT@ECT, Lola
Willis/Corp/Enron@ENRON, Adrial Boals/Corp/Enron@Enron, Yolanda
Ford/HOU/ECT@ECT, Chantelle Villanueva/HOU/ECT@ECT
Subject: Accomplishments for 2000

I apologize for the late notice, but Sally has just been notified that a
cross-functional PRC meeting w/ Rick Causey has been set for this Friday,
December 1.  She will need a compilation of your accomplishments by
Thursday.  If you have directors reporting to you, please request that they
also have data in to Sally by Thursday.

Thanks for your help,
Patti x39106


Jim Derrick

-----Original Message-----
From: "DOUGLAS NICHOLS" <Douglas_Nichols@pgn.com>@ENRON [NOTES:"DOUGLAS NICHOLS" <Douglas_Nichols@pgn.com>@ENRON]
To: Derrick Jr., James <James.Derrick@ENRON.com>; Walls Jr., Rob <Rob.Walls@ENRON.com>
Sent: Mon Nov 26 20:20:21 2001
Subject: Fwd: Another 401(k) story - tomorrow

It looks like an Oregonian investigative reporter is trying to  put a story together suggesting that our management advised  employees that they should be investing in Enron stock through  their 401Ks (see attached note from our public affairs).

Jim (or Rob), should we be conferring with Enron defense  counsel on this, and if so who?  dn
Date: Mon, 26 Nov 2001 17:34:21 -0800
From: "Scott Simms" <Scott_Simms@pgn.com>
To: "Angela Torretta" <ANGELA_TORRETTA@pgn.com>,	"Arleen BARNETT" <ARLEEN_BARNETT@pgn.com>,	"Armenta Mason" <Armenta_Mason@pgn.com>,	"Carol Dillin" <Carol_Dillin@pgn.com>,	"DOUGLAS NICHOLS" <DOUGLAS_NICHOLS@pgn.com>,	"FRED MILLER" <FRED_MILLER@pgn.com>,	"Gail Baker" <GAIL_BAKER@pgn.com>,	"Kregg Arntson" <KREGG_ARNTSON@pgn.com>,	"Mark Fryburg" <MARK_FRYBURG@pgn.com>,	"Pamela Lesh" <PAMELA_LESH@pgn.com>,	"Patrick Stupek" <PATRICK_STUPEK@pgn.com>,	"PEGGY FOWLER" <PEGGY_FOWLER@pgn.com>,	"Scott Simms" <SCOTT_SIMMS@pgn.com>
Subject: Another 401(k) story - tomorrow
Mime-Version: 1.0
Content-Type: multipart/alternative; boundary="=_C994FA67.1F7E4D46"

Jeff Manning at The Oregonian called to say tomorrow's newspaper will have  another report on the Enron 401(k) problems, and the connection to PGE through  the details of three lawsuits. I said nothing new, but did clarify a quote that  had appeared from PGE in the previous story Manning wrote.

I've copied Doug on this because the issue is getting more serious.  Manning informed me that The Oregonian has now assigned him and Gail Hill  to "charge ahead and do more on this story." They want to sit down with HR and  review documentation that proves that we have provided financial planning  counsel, that we have provided information about diversifying portfolios, etc.  This is strongly leaning in the legal area, and we would like to have  counsel before saying anything further. We can't expect much cover from Enron,  either: Manning vented to me about how no one there will return his calls.

Carol, Gail, Kregg and I can be available to meet early tomorrow to discuss  how to move ahead on this. Doug, let us know if sometime before noon might work  for you. Thanks.

Scott Simms
Corporate Communications Specialist
Portland General  Electric
(503) 464-7342 phone
(503)464-2929 faxscott_simms@pgn.com <<mailto:scott_simms@pgn.com>>


Poor Bobby!  What a way to go out.  I actually do feel sorry for the guy.  He
should have gone out on better terms, but now some people will think of him
only in this context.
Ben


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This article from NYTimes.com
has been sent to you by vkaminski@aol.com.

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Why It Takes Psychology to Make People Save

January 13, 2002

By LOUIS UCHITELLE

When it comes to saving for retirement, Americans are not
rational. They know they do not put away enough, surveys
show. But ask them to save more in their 401(k) plans and
they balk. A buck in hand is irresistibly spent. Try a
different approach. Ask them to commit now to increasing
their savings in the future, make the increase coincide
with the next raise, and they cheerfully sign up.

Various quirks embedded in human nature come into play.
Saving more in the future seems much less of a sacrifice.
When the future arrives, opting out succumbs to inertia.
And timing the increase to coincide with a raise, so that
one cancels out the other, is much more palatable than a
cut in take-home pay. In the human psyche, giving up a
raise not yet in hand is easier for people to accept
emotionally than a loss, even the illusion of a loss. After
all, the money "lost" is still there, in one's savings
account.

Standard economics allows for none of these quirks. Over a
lifetime, people rationally save an optimal amount,
mainstream economics holds. Confronted with the reality
that people do not save enough, the mainstream has no
solution, except to reiterate that people are rational, so
whatever they save must be enough. No wonder behavioral
economics is making such a splash, becoming the "in"
specialty of young economists from the best graduate
schools.

"You have to force savings and take the money away before
people have it and can't resist spending it," said Richard
H. Thaler, a University of Chicago economist.

Mr. Thaler is a pioneer in the development of behavioral
economics over the last 25 years, and now he is a leader in
finally applying the insights to daily life. So far the
application focuses on persuading people to save more in
401(k) plans. But there are other potential uses. Fiscal
policy is one. Allowing for human quirks, what is the most
effective way to spend public money to promote jobs and
economic growth? "If we invested six months in designing a
stimulus package using insights from behavioral economics,
there is good reason to think it might work," Mr. Thaler
said.

That is still off in the future. Medicine offers an
immediate application. Some dentists, for example, are
beginning to ask behavioral economists how to get patients
to return every six months for teeth cleaning. Reminder
postcards don't often work. People put them in a drawer and
procrastinate - another human quirk that messes up
mainstream theory, with its faith in rationally taking good
care of teeth. Most people delay, unless the dentist
extracts a commitment, by persuading a patient, when he or
she comes in for a cleaning, to make an appointment on the
spot for the next cleaning, six months hence.

"The postcard system only facilitates procrastination,"
said David I. Laibson, a behavioral economist at Harvard,
who gets calls from dentists.

THE most promising application so far is retirement
savings. At a time when workers must save for their own
retirement, they are in danger of inadequate income in old
age unless they contribute 10 percent of their pay to
401(k) plans, pension experts say. And that does not count
losses in 401(k) money invested in high-technology stocks
or in the Enron Corporation (news/quote).

Such hearty contributions are certainly in the interest of
the Vanguard Group, which administers 401(k) plans for
companies like Philips Electronics (news/quote) North
America, a unit of Royal Philips Electronics. Philips also
has a stake: under federal law, top executives cannot have
retirement savings too out of line with those of ordinary
employees.

So Vanguard and Philips turned to Mr. Thaler and to Shlomo
Benartzi, at the University of California at Los Angeles.
Executives had read a paper they wrote, entitled "Save More
Tomorrow," reporting on the results at a Midwestern company
where 162 employees, more than half the staff, had agreed
in advance to annual increases in their 401(k)
contributions, each increase coinciding with a raise. Over
three years, the contributions rose to 11.6 percent of
income from 3.5 percent.

Most of the 16,000 Philips employees enrolled in 401(k)
plans save 6 percent or less. So Philips is experimenting.
With Vanguard administering the test and Mr. Thaler and Mr.
Benartzi giving advice, the company will ask 2,000 workers
next month to commit to annual increases in 401(k)
contributions of one, two or three percentage points. The
first increase would be in April, when Philips gives annual
raises, although this year, in a recession, a raise is not
a sure thing, says Lisa Pyne, Philips's benefits director.

Still, she is counting on inertia to keep people from
opting out - even the 3 percenters who, absent a raise,
might notice the slight decline in take-home pay.
"Behavioral economics seems to work," Ms. Pyne said.

http://www.nytimes.com/2002/01/13/business/yourmoney/13VIEW.html?ex=1011981914&ei=1&en=192ceb9ad23813d2

HOW TO ADVERTISE
---------------------------------
For information on advertising in e-mail newsletters
or other creative advertising opportunities with The
New York Times on the Web, please contact Alyson
Racer at alyson@nytimes.com or visit our online media
kit at http://www.nytimes.com/adinfo

For general information about NYTimes.com, write to
help@nytimes.com.

Copyright 2001 The New York Times Company


Mr. Derrick,

Please see the attached memo from Jim Bouillion.

If you should have difficulty opening the attachment, please give me a call
at extension 3-3943.

Best Regards,
Danielle Dees for Jim Bouillion


Arnold,  Do you have a name and number of the Plains attorneys (or someone
who has their number) so I can discuss the attached issues with them
concering the Comm Agreement.

---------------------- Forwarded by Gerald Nemec/HOU/ECT on 11/29/99 04:43 PM
---------------------------

Mark Courtney
11/29/99 04:37 PM
To: Gerald Nemec/HOU/ECT@ECT
cc:
Subject: Re: Revised Comm Agreement

I think you should talk to their attorney directly.  Relevant points are:

1.  This is actually a 12 MW substation.

3.  The communications are for their use only and don't really effect us
except they might want to interrupt us when it is down.  That would of course
be unacceptable.

	Enron North America Corp.

	From:  Gerald Nemec                           11/29/99 01:04 PM

To: Mark Courtney/HOU/ECT@ECT
cc:
Subject: Re: Revised Comm Agreement

Three problems with this Draft.

1.  In Paragraph 1.1, they removed my requirement of installing a system to
meet "all of Enron's electrical power requirements for the Driver".  My
concern here is that they put in equipment that is not adequate to handle our
load requirements.  At a minimum we should state a specific load requirement
for this station.  E.g. 10,000 HP.

2.  In Paragraph 1.1, they inserted a requirement that Plain's approve any
in-service date for the driver and that the Telecommunication Equipment would
be in-service by such date.  My draft had a date established by Enron solely
and Plains would have to meet such date.  I think we need control of our
in-service date without Plains prior approval.  We will be reasonable in
establishing such date.

3.  Plains disclaims all warranties with respect to the Telecommunication
Equipment.  This was not in the first draft.  We need some assurance that
this equipment will do the job we need it to.

I would be happy to discuss these directly with Plains' attorneys at their
convenience.

Mark Courtney
11/24/99 01:50 PM
To: Gerald Nemec/HOU/ECT@ECT
cc:
Subject: Revised Comm Agreement

How does this look to you?

Mark
---------------------- Forwarded by Mark Courtney/HOU/ECT on 11/24/99 01:50
PM ---------------------------
From: Arnold L Eisenstein@ENRON_DEVELOPMENT on 11/18/99 05:35 PM
To: Mark Courtney@ECT, Mark Knippa@ECT, Gerald Nemec@ECT
cc: Rich Plachy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James
Pfeffer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Revised Comm Agreement

just came in.   Rich and team will review concurrently with your review

---------------------- Forwarded by Arnold L Eisenstein/ENRON_DEVELOPMENT on
11/18/99 05:36 PM ---------------------------

Mark Conner <mconner@plainsgt.org> on 11/18/99 05:16:25 PM

To:	"'Rich Plachy - ENRON'" <rplachy@ei.enron.com>, Arnold L
Eisenstein/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject:	Revised Comm Agreement

Here is the latest edition - after Plains legal and managerial review of the
revised edition you sent us.  Plains is ready to sign pending your review.

 - enroncomm-rnc revision.doc


Ken Lay will be hosting a reception for Houston City Council Members and
other city officials on Monday, July 31st from 6-7 pm in the 50th floor lobby
area.  This reception is an opportunity for us to update city officials about
Enron,s businesses, and an opportunity for you to meet your local
representatives.

With the hard copy of this memo, I have attached bios and detailed
information on Houston City Council Members, Houston Port Commissioners, the
Metro Board, and the Sports Authority board.

If you are unable to attend, please designate someone on your management team
to represent you. Please RSVP to Maureen McVicker at x31808.


I am going to show everyone what I have been working on in terms of the data gathered and get some feedback from you on what things you guys need.
Monika

 -----Original Message-----
From: 	Rickard, Craig
Sent:	Tuesday, August 14, 2001 2:34 PM
To:	Causholli, Monika
Subject:	RE: Pulp Meeting

What are we meeting about Monica?
-Craig

 -----Original Message-----
From: 	Causholli, Monika
Sent:	Tuesday, August 14, 2001 2:31 PM
To:	Crane, Bob; Conner, Andrew R.; Rickard, Craig; Allan, David; Carter, Karen E.; Dimitry, Dirk
Subject:	Pulp Meeting

 Please mark your calendars for a pulp meeting to be held to be held on Friday afternoon 8/17 between 2-3:30pm in room 2943.

thanks,
Monika Causholli


Click on this link to view report -->


I didn't think that you ever officially reported to me.  Let me know.  I didn't think I needed to do your review.


Andy, I have completed negotiation with TBG on the Settlement.  TBG has executed the documents and Louise and John have approved the deal.  In short, I want to make sure that you understand the effect on you.  Attached is a more detailed summary but generally I removed all swing flexibility from the deal.  They have baseload obligations of 12,500 MMBtu per day.  We can deliver at any of the delivery points identified in the Agreement ( I will give you a copy of the Agreements) however the primary delivery point is Station 65.  That is the location for all price settlements.  If we delivery at an alternate location we receive additional basis differentials for moving downstream ( Station 85 )  and we pay the basis differential for moving upstream ( Sta 45, 30 ). TBG has the right to move our deliveries back to Sta 65 at anytime, if we are delivering at alternate locations. I want to check with you one more time before I execute the final documents.  I think that this is a great trade for ENA if I do say so myself.  My next effort is to clear up any issues with Trigen.

Frank


Location Houston


Hi Shea -

Ken Lay will not be able to attend this meeting.  That is the Enron Board day
and Annual Meeting of Shareholders.

Thanks.

Rosalee

Shea_Dugger@i2.com on 04/05/2001 03:53:20 PM
To: bcash@interwest.com, kenneth.lay@enron.com, romesh_wadhwani@i2.com,
sandy_tungare@vistaar.com, sanjiv_sidhu@i2.com, greg_brady@i2.com,
tom_meredith@dell.com, bill_beecher@i2.com, david_becker@i2.com,
robert_donohoo@i2.com
cc: jdavidson@srfunds.com, rosalee.fleming@enron.com, tori.l.wells@enron.com,
sandi_drysdale@i2.com, jdoyle@vistaar.com, sheryl_campbell@i2.com,
nedgie_jones@i2.com, heather_dalton@dell.com, kim_robinson@i2.com,
barbette_watts@i2.com, laurie_harris@i2.com, Claudio_Osorio@i2.com,
Ada_Nigro@i2.com, tori.l.wells@enron.com
Subject: May 1st Board of Directors meeting REMINDER

Good afternoon.

This is to remind everyone of the subject meeting which is scheduled for
Tuesday, May 1st, 2001.

Location: One i2 Place
          6th Floor Green Room

Time:          8:00 a.m. to 12:00 p.m.
          Continental Breakfast and Lunch

Contact:  Keith Larney
          469-357-4497

All attendees have been previously confirmed; however, if there are any
questions, please feel free to contact either Keith or me.

Thank you.
____________________

Shea Dugger
Legal Dept.
Tel: 469-357-4195
Fax: 469-357-6566
shea_dugger@i2.com


Diana-

  I'll have a more definite answer tomorrow, but for now, it looks like we're current with SCL except for a variance of approx $1000 for January 2001 and $7000 for December 2000.  Hiope this helps for now.

  Virginia


The following are?summaries of today's appearance by  Sen. John Burton to the
Sacramento Press Club and of his news conference this  afternoon announcing a
lawsuit against FERC.
?
John Burton held what amounted mostly to a Q&A session at  a?lunch with the
Sacramento Press Club today. He started by talking about  the Edison MOU,
which he said will be assigned to the Senate Utility Committee  for review,
the Judiciary Committee will look at the legal elements, and the  Natural
Resources Committee will look at issues surrounding easements.?  (One
columnist commented that Burton would "love it to death," meaning it would
get so much attention it will be hard for it to advance.)
?
The MOU, he said, includes language that eliminates oversight  by the PUC.?
He said that will not be the case when it leaves the  Senate.
?
Burton is obviously troubled by?the MOU; he said "some  people" say it
doesn't just make Edison creditworthy, it makes them whole.?  He said the
following would have to take place for the MOU to be  acceptable:
?

Back debt must be verified;
All creditors must take a 30% "haircut";
The transmission lines would need to be purchased for an  amount close to
what the governor has mentioned;
$400 million (or more) must come from Edison's parent to pay  back debt.

?
When asked whether $400 million was enough, he said "no" and  that he feels
the parent should pay "a ton."? That led to a discussion of  the dedicated
rate component, which he doesn't like.?He used  the example that if
electricity costs $20 and the dedicated rate component is  $5, if prices drop
to $10 people will unnecessarily pay higher rates.? A  larger infusion of
cash from Edison's parent could eliminate the need for the  dedicated rate
component.
?
Burton called?the dedicated rate component a "big  problem" and said it could
be the strongest argument for use in an initiative  campaign.
?
He said he planned to tell the governor this afternoon that  the state should
set an acceptable purchase price for power and not pay anything  more (note:?
this is a populist approach that is getting a lot of support  from radio talk
shows and other media).? He later threw out the number  $200.? The state is
going to have blackouts whether or not it pays top  dollar, he said, so this
is one way he sees to fight back.? It's tough  medicine, but as he put it,
"You've got to take castor oil and it tastes crappy,  but two days later
you're over it and your stomach's OK."
?
Burton also used a quote from his late brother, Phil, on how  he believe the
situation should be handled:? "The only way to deal with  exploiters is to
terrorize the bastards."
?
Asked how long the committee process would take re: the MOU,  Burton said the
MOU sets August 15 as a deadline but that if there is ongoing  progress there
are allowances that would let the process go as long as into  December.
?
?
LAWSUIT PRESS CONFERENCE
?
Shortly after the lunch, Burton held a press conference to  announce a
lawsuit against FERC was filed today in the U.S. Court of Appeals for  the
Ninth Circuit.? A copy of the brief and press release was faxed earlier  this
afternoon to Jim Steffes and should be available in his office.? If
additional copies are needed, please contact me or Scott Govenar.
?
The plaintiffs are Burton, individually and on behalf of the  Senate; Bob
Hertzberg, individually and on behalf of the Assembly; and the City  of
Oakland.? At the event were Burton, Hertzberg, Oakland Mayor Jerry  Brown,
atty. Joe Cotchett of Cotchett, Pitre & Simon (in Burlingame); atty.  Clark
Kelso, a constitutional scholar from McGeorge School of Law; Sen. Liz
Figueroa; and Joan Breuner, vice mayor of Oakland.?
?
The suit asks for FERC to respond within 7 days and a ruling  within 21 days.
?
Burton opened by explaining that they were suing FERC for not  fulfilling its
statutory authority to maintain fair and justifiable rates.?  Hertzberg added
that FERC had ignored the law and that they  were compelled to file suit for
Californians' relief.
?
Joe Cotchett said the suit is "very basic" and is based on the  Federal Power
Act, which he says limits power costs to "fair and justifiable"  rates.??A
primary?strategy in this suit is to present it as a  "health and welfare" and
public safety suit; he noted that there are 3 million  disabled children and
12,000 convalescent homes in CA who can be adversely  affected by blackouts.?
He said it is "not an economic lawsuit -- it's  about senior citizens,
disabled kids and convalescent facilities."? Today  also happened to be the
legislative day for the California Association of Health  Facilities (the
nursing home trade assn.), and several nursing home workers were  apparently
asked to sit at the back of the room for effect.
?
Cotchett said FERC has been told for 3 years that there were  opportunities
to exert market power.? He also claimed that a Redondo Beach  facility
(obviously AES) was fined $8 million by FERC for taking its plant  off-line
and substituting higher rates.? He said, however, that this order  had been
sealed.
?
He cited an industry report that predicts 260 hours of  blackouts this
summer, which could mean four hours a day.? That could be,  he said,
"potentially the ruination of a lot of medicine in  refrigeration."? Cotchett
noted that only hospitals with more than 100 beds  are exempt from blackouts,
which does not protect surgical centers or many  health facilities.
?
Jerry Brown added that "prices are unjust and people are  suffering."?
Continued high prices could mean "potential civic disruption,"  and that
there will be "more actions to mobilize" Western mayors.
?
Liz Figueroa spoke briefly to reiterate the health aspects of  the lawsuit.
?
Burton had mentioned Clark Kelso, who regularly appears on TV  here as a
legal expert and I believe was a colleague of Justice Anthony Kennedy,  in
his Press Club appearance.? He said Kelso had appeared regularly in the
media early on to say that the state had no standing to file the
suit.?Burton's lawyer's sent him the brief, and Kelso thought enough of it
to?join the legal team.
?
Kelso reiterated that FERC has been aware of potential market  power for
three years, and that the commission has delayed  action?unreasonably.? It
has failed to define "fair and justifiable";  that failure, he said, violates
the Equal Protection and Due Process clauses of  the Constitution.
?
Kelso said this is not a partisan issue, and called upon  "fellow
Republicans" to support the effort.
?
Joan Breuner (sp?), Oakland's vice mayor, said only that she  believed that
if the energy situation were happening in Texas rather than  California, the
president and FERC would have acted long ago.
?
During the Q&A session, Cotchett said the urgency filing  is necessary
because "5 generators supply 90%" of the electricity in CA and all  five have
rate renewals before FERC.? He also said one of the cases that is  relevant
is Bush v. Gore, in which the Supreme Court found that failure to set
standards (regarding elections, obviously, in that case) violates the Equal
Protection clause.? He also said six states have expressed interest in the
case and have requested briefs:? Oregon, Nevada, Arizona, Washington,
Minnesota and one other he didn't name.? None of these states has yet
committed to joining the suit.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/25/2000
10:24 AM ---------------------------

"Faiz, Soussan" <faizs@texaco.com> on 04/25/2000 09:29:34 AM
To: "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject: RE: Houston visit

Dear Vince,

Firstly, I really appreciate your time and our meeting last week.  Learning
about Enron's use of leading-edge practices was quite enlightening and I
truly benefited from our visit.

Secondly, I've summarized my key "take-aways" as stated below.  Before
conveying it to my management, however, I really appreciate it if you can
pls review my conclusions and ensure that they are not miss-stated.

Again, thanks so much for your time and wisdom.  I was also honored that you
gave me a copy of the "Managing Energy Price Risk" book and shall reference
it with interest.  THANK YOU.

I really look forward to seeing you again next time I'm in Houston.

Best regards,
Soussan
(914) 253-4187

PS.  The latest Fortune article on ENE is a great read and substantiates the
company's innovative and creative approach to business.
----------------------------------------------------------------------------
----------------------------------------------------------------------------
------
As you may know, I was invited to visit with Enron (ENE) last week.  I met
with Vince Kaminski, the VP and head of research in the risk management
group of ENE.  Vince who used to be with Salomon Brothers and AT&T is the
"brain" of ENE w.r.t. their analytical tools for pricing of commodities,
hedging, optimization of financial and physical transactions, as well as the
value-at-risk systems.  In addition, Vince has received the 1999 James H.
McGraw Award for Energy Risk Management (Energy Risk Manager of the Year)
and is well published.  He is the key contributor to a best-selling
publication by Risk Books entitled: Managing Energy Price Risk.

Our meeting was mainly focused on gaining additional insights re
leading-edge practices within ENE.  My key findings are summarized below:

1. ENE does not use corporate price premises.  They use market price info
only and adhere to mark-to-market accounting.
2. ENE uses the "Heath, Jarrow, and Morton" methods for modeling price
dynamics (I've asked BIC for a copy of the associated paper).  They have
their own "home-grown" software, however, they periodically review selected
external developments for internal inclusion and advancement.
3. Vince's group comprises of Mathematicians, Physicists, and Operations
Researchers who are responsible for the development and advancement of ENE's
risk management tools.  These models are religiously used by the traders,
risk managers, and BUs across ENE.
4. Investment proposals are screened, risked, and "ROVed" by a separate
corporate group (similar to our Special Studies and with business and real
options skills) who work in conjunction with the BUs.  All evaluations and
transactions are marked-to-market.
5. ENE does not use efficient-frontier portfolio concepts.  They "VC fund"
any opportunity that has a credible value proposition and can stand on its
own.  They believe that with the current plentiful liquidity in the market,
project-financing in not an issue for a "good" opportunity.  However, they
closely monitor the development of each opportunity, within their deep
portfolio, at the corporate level and know how to "fail fast".
6. The employee reward system is based on P&Ls as well as the creation of
new business.
7. Most employees have stock options.

I really enjoyed my visit and hope to meet with Vince again the next time
I'm in Houston.


Do not want to go to Vegas-been there too much already this year.  I am going
to have a message in Co.  Good job on the fare-that's cheaper than mine.  If
you want to stay at the RIOin Las Vegas-Southwest Gas has a cheap corporate
rate that you can get-it's off the strip but it's nice. Every room is a
sweat.  Just call and ask for it.


Kevin,

A quick question before our meeting.  Didn't we have a little different form
that you used at HPL?  I thought I remembered a little different version of
the Contract Approval Sheet.  One that had more detail and description of the
risks.

Thanks,
Mike


fyi.

-----Original Message-----
From: Ordway, Chris
Sent: Monday, November 26, 2001 8:15 AM
To: Boudreaux, Shanna; Garcia, Clarissa; Lamadrid, Victor; Townsend,
Judy; Versen, Victoria
Subject: FW: TE Critical System Warning

FYI...

Chris

-----Original Message-----
From: infopost@duke-energy.com [mailto:infopost@duke-energy.com]
Sent: Monday, November 26, 2001 12:00 AM
To: infopost@duke-energy.com
Subject: TE Critical System Warning

November 26, 2001

As indicated by the Critical System Warning issued November 25, 2001,
based on anticipated system operations and weather conditions, as stated
below, TEXAS EASTERN TRANSMISSION, LP (Texas Eastern) is requiring that
all customers take immediate and prompt steps to eliminate excess
receipts and conform scheduled receipts to actual deliveries. This
system-wide warning is issued as a result of actual receipts into the
system significantly exceeding actual deliveries. This Critical System
Warning shall remain in place until further notice.

Weather in the market area continues to be unseasonably mild and
shippers have been filling contract storage inventories in anticipation
of the coming winter heating season.  At this time, Texas Eastern's
storage capacity is approximately 98% full.  As a result, there is
virtually no storage capacity or linepack available for system
operational purposes and Texas Eastern cannot continue to absorb actual
imbalances left on the system.

Because of the critical nature of this situation and the fact that Texas
Eastern no longer has the ability to further absorb imbalances being
left on the system, Texas Eastern requests that all customers coordinate
with their suppliers the actual quantities received into the system to
match actual customer takes in the market area.  No due pipe gas will be
accepted into the system until further notice.

If immediate action does not result in reducing the current volume of
gas being left on the system, Texas Eastern may be forced to issue an
operational flow order ("OFO") requiring actual receipts of gas to match
actual deliveries out of the system, which will be subject to the OFO
non-compliance penalty of $25 per dekatherm.  In addition and as
provided for in Texas Eastern's FERC Gas Tariff, Texas Eastern will take
any other actions as may be necessary to protect the integrity of its
system, including, but not limited to, suspension of OBA's.

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

NOTE:

Duke Energy Gas Transmission respects your online time and privacy.
You have received this email because you elected to subscribe. To
unsubscribe, login to the E-mail Notification Subscription page at
http://www.link.duke-energy.com/script2/Notification.asp
uncheck the appropriate checkbox, and click the Submit button.


I would think so.

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com

	Tana Jones
	06/01/2001 02:30 PM

		 To: Mary Cook/HOU/ECT@ECT
		 cc:
		 Subject: (01-184) Reminder on Use of Money Market Funds as Original Margin
Deposits on the NYMEX Division

Does this apply to us too?
----- Forwarded by Tana Jones/HOU/ECT on 06/01/2001 02:30 PM -----

	exchangeinfo@nymex.com
	05/31/2001 11:30 AM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (01-184) Reminder on Use of Money Market Funds as Original Margin
Deposits on the NYMEX Division

Notice # 01-184
May 31, 2001

TO:
All NYMEX Division Members and Member Firms

FROM:
Neal L. Wolkoff, Executive Vice President

RE:
Reminder on Use of Money Market Funds as Original Margin Deposits on the
NYMEX Division

DATE:
May 31, 2001
===========================================================
This Notice is a reminder regarding certain rule changes and related policy
guidelines that will go into effect on June 1, 2001 for the NYMEX Division.
The rule changes going into effect on June 1, 2001 on the NYMEX Division
allow shares of certain money market mutual funds to be acceptable for
purposes of original margin deposits.

Corresponding rule changes for the COMEX Division  have also been approved by
the NYMEX Board of Directors and filed with the CFTC; the changes for the
COMEX Division will be implemented at a later date.

 Rule Amendments
The amendments generally require that in order to be used for such purpose, a
money market fund must be approved by the NYMEX Board and also must comply
with CFTC Regulation o 1.25.  For purposes of original margin, the Exchange,s
Clearing House will value such money market fund shares at 95% of their
market value.  In addition, a Clearing Member,s participation in any approved
fund or any group of approved funds offered by the same issuer shall be
limited to the greater of $250,000 or 25% of the Clearing Member,s total
original margin obligations. Finally, no more than 25% of the total assets of
an approved money market mutual fund may be used to meet original margin
obligations at the Exchange.

Exchange Policy on Money Market Funds
The NYMEX Board of Directors also recently adopted three additional
guidelines that will be applicable to such funds. First, until further notice
from the Exchange, the Board has determined to limit the number of money
market funds available for this purpose to ten. Second, the Board will
require that henceforth each fund applying for such status must have a
minimum value of $5 billion.  Finally, each fund further must provide for
same day payment if notification is made by 3:00 p.m. on that day.

If you have any questions concerning this change, please contact Bernard
Purta, Senior Vice President, Regulatory Affairs and Operations, at (212)
299- 2380; Arthur McCoy, Vice President, Financial Surveillance Section,
NYMEX Compliance Department, at (212) 299-2928; or Joseph Sanguedolce,
Director, Financial Surveillance Section, NYMEX Compliance Department, at
(212) 299-2855.

AMENDMENTS TO NYMEX RULE 9.05 (&MARGINS8)

(Asterisks indicate additions; brackets indicate deletions.)

Rule 9.05. MARGINS

* * * *
(E) Clearing Members may meet original margin calls by depositing:

*(4) Shares in a money market mutual fund that complies with CFTC Regulation
o1.25 and that has been approved by the Board, subject to the following
conditions:

(i) for purposes of original margin, such shares will be valued at 95% of
market value;
(ii) a Clearing Member,s participation in any approved fund or any group of
approved funds offered by the same issuer shall be limited to the greater of
$250,000 or 25% of the Clearing Member,s total original margin obligations;
(iii) no more than 25% of the total assets of an approved money market mutual
fund may be used to meet original margin obligations at the Exchange.*

[Shares of Brown Brothers Harriman & Co. Common Settlement Fund, valued at
95% of market value.]

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

"
http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdoc
=(01-184)"

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


Can you spell S-N-O-O-T-Y?

e

	From:  Ami Chokshi @ ENRON                           01/06/2000 05:38 PM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: New deals

Was E-R-I-C too hard to write?

a

	From:  Eric Bass @ ECT                           01/06/2000 05:32 PM

To: Ami Chokshi/Corp/Enron@ENRON, Kyle R Lilly/HOU/ECT@ECT
cc:

Subject: New deals

The new deal #s are 147888,147889.

-E


FYI--

Sorry for the late notice, but our office has been invited to attend a private Blazers Practice today.  The doors to the Rose Garden open at 5 p.m. and the practice is from 6 to 7 p.m.

Tickets for entry are not necessary.  If you would like to attend go to the gate, mention you are with Enron North America and that Tina Tate (our Blazers Sales Rep) told us we could attend without tickets.  There is no reserved seating for this event.  The announcement below says there will be complimentary food and beverage coupons available as well as complimentary on-site parking.

Let me know if you have any questions.

Debra Davidson

-----Original Message-----
From: Portland Trail Blazers [mailto:Blazers@Ripcity.com]
Sent: Wednesday, October 17, 2001 1:29 PM
To: Davidson, Debra
Subject: Reminder--Blazers Practice Tomorrow!

  <http://www.rosequarter.com/x.asp?x=1&MID=377471&ID=168>
 Blazers News <http://www.rosequarter.com/images/headers/blazersheader.gif> <http://www.rosequarter.com/clicks.asp?a=168&b=120084&c=101720011&d=377471&ID=29>
  <http://www.rosequarter.com/media/enn/space.gif>

Private Blazers Practice Reminder!

 Anticipation <http://www.rosequarter.com/images/blazers_anticipation.jpg>
Don't forget to attend the exclusive Team Practice
with Coach Cheeks and the entire Blazers roster.

The Blazers want to remind you about this great opportunity to watch the team practice. You and your guests are invited to attend this exclusive practice on Thursday, October 18th from 6:00 pm - 7:30 pm.

Recently, you have received tickets to this first-ever private practice. Upon arriving at the Rose Garden, you will receive food and beverage coupons. Complimentary on-site parking will be available.

Rose Garden doors open at 5:00 pm
Private Practice 6:00 pm - 7:30 pm
Please bring the tickets you received in the mail

The Blazers organization is looking forward to having our valued Season Ticket Holders be part of this exclusive team practice.

For complete Blazers coverage visit Blazers.com <http://www.blazers.com>
Top-notch entertainment is just a click away at RoseQuarter.com <http://www.rosequarter.com>


TXU revised their rates for Jan 2001. They are now billing us at $0.10 and
$0.08 for contract 1671.  This was previously billed all at $0.10.  Please
change the demand fee on deal 384258 from $3,841,888.11 to $3,830,131.18.

Also, I spoke to TXU about the rate on contract 1856 (deal 452475).  They
have been billing us $0.11 and we have $0.10.  The extra cent is for the El
Paso header fee.  The pricing you gave me is for contract 1671, but also has
the header fee if you look on page 5 of 6.  You'll see a a section called
"Compression & Header Expense if Utilized".  The current rate for 1856 is
$0.01 and 0% fuel.  I will leave a copy of the contract in your chair.

Thanks,
Megan

Daren J Farmer@ECT
03/13/2001 10:54 AM
To: Megan Parker/Corp/Enron@ENRON
cc:

Subject: Re: Tenaska IV 1/01

I have made the changes mentioned below.  I've also adjusted the spreadsheet
based on our conversation yesterday.  Take a look at it when you get a chance.

D

	Enron North America Corp.

	From:  Megan Parker @ ENRON                           03/13/2001 09:06 AM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Tenaska IV 1/01

We need to change the demand fees for Tenaska IV based on actuals for Jan
2001.   Tenaska owes us some additional money.  I have attached my netting
spreadsheet if you need it.

Deal 514353  Change MMBtu from 45,000 to 46,113
Deal 384258  Change amount from $3,934,644.50 to $3,841,888.11

I got your message regarding Apache.  I will just leave the pay the lesser
ofs there until they come back for it.   Also, Mark checked with TXU and we
do not have the rights to get dailies for the Tenaska meters.  He said that
only the interconnecting pipes get dailies.  For the spreadsheet, I am just
going to prorate the actuals based on the noms.

I will let you know when we receive the payment from Brazos for Feb 2001, so
you can enter the demand fee to forward the cash to Tenaska IV.

Thanks,
Megan


Looks fine.

	Jeffrey T Hodge
	12/28/2000 05:05 PM

		 To: Colleen Sullivan/HOU/ECT@ECT, shak@ev1.net
		 cc: Richard B Sanders/HOU/ECT@ECT
		 Subject: TDC

Colleen:

Attached is a revised version of the draft you forwarded.  We can discuss
next week, but this will not be sent to TDC until the lawsuit is filed.  By
copy of this e-mail, I am asking Richard Sanders to take a quick look  at the
letter including specifically the next-to-last paragraph.

Jeff


Here is a draft of Ban Sharma's and Ursula's presentation on what California
has done wrong.  I think a few people are looking for this info.  Please work
with Ban to add / change, etc. so we have one document.

Jim

---------------------- Forwarded by James D Steffes/NA/Enron on 06/26/2001
06:14 PM ---------------------------

Ursula Brenner
06/26/2001 05:29 PM
To: James D Steffes/NA/Enron@Enron
cc: Ban Sharma/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: New version

Jim,

We made some grammar  and cosmetic changes... here is the latest version.
Also, we modified the meaning of bullet three (page 3) and added appendix 1.

Do you want to change the title?

We will wait for your comments.

Ursula


fyi
---------------------- Forwarded by Scott Neal/HOU/ECT on 04/02/2001 03:55 PM
---------------------------

From:  Bob Shults
03/27/2001 05:34 PM

To: John J Lavorato/Corp/Enron, Scott Neal/HOU/ECT@ECT, Phillip K
Allen/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT,
John Arnold/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Jim Fallon/Enron
Communications@Enron Communications, Jeffrey A Shankman/HOU/ECT, John L
Nowlan/HOU/ECT@ECT, Kevin McGowan/Corp/Enron@ENRON, George
McClellan/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Jonathan McKay/CAL/ECT@ECT,
Rogers Herndon/HOU/ECT@ect, Fletcher J Sturm/HOU/ECT@ECT, Mark Dana
Davis/HOU/ECT@ECT, William White/ENRON@enronXgate, Paul Racicot/Enron
Communications@Enron Communications, Marcello Romano/Enron
Communications@Enron Communications, Richard Lewis/LON/ECT@ECT, Thor
Lien/OSL/ECT@ECT, Gregor Baumerich/LON/ECT@ECT, David Gallagher/LON/ECT@ECT,
Paul Mead/LON/ECT@ECT, Louise Kitchen, Chris Mahoney/LON/ECT@ECT, John
Sherriff/LON/ECT@ECT
cc: Michael.bridges@enron.com, Daniel.Diamond@enron.com, Andy Zipper, Savita
Puthigai/NA/Enron, Mark Greenberg, Sheri.Thomas@enron.com
Subject: Amerex and Power Merchants Access to EnronOnline

Effective today Amerex and Power Merchants will have id's for
www.brokerclient.com which will allow them to see prices on EnronOnline.
Both brokers are putting security in place and once established they will
also be able to execute transactions for their customers.

The brokers will have access to the following products:

1. Amerex: World-wide gas, power, crude products and bandwidth
2. Power Merchants: US Financial Gas

Both agreements include confidentiality language which prohibits discussion
of the agreement with others.

Any questions relative to these agreements should be directed to me at 713
853-0397.


Greg,

Below are a list of economists that we may want to consider for the Management Conference.  You may have thoughts or insights on one or more of them.  I've looked into Robert Rubins, but he is not accepting speaking engagements at the present time.  Of those listed below, I like Todd Buchholz, William Freund, Ron Insana and Paul Volcker.  (I really like Louis Rukeyser, but he's very expensive.)  I welcome your input on this.  I'm going to begin checking availability on those I mentioned tomorrow.

Regards,
Terrie James
x. 3-7727

Todd Buchholz -$12,000 West Coast/$15,000 East Coast plus first class expenses for 1 from Washington, D.C.
A leading expert on global economic trends, Todd Buchholz shows audiences how to thrive in a challenging economy, and how to gear up for future prosperity. As a former director of economic policy at the White House, a managing director of the Tiger hedge fund, and as an award-winning economics teacher at Harvard, Buchholz targets his entertaining remarks to the cutting edge of economics, finance, and business strategy.  His editorials in the Wall Street Journal forecasted the 2001 slowdown in the U.S., and Business Week raved about his book Market Shock, 9 Economic and Social Upheavals that Will Shake the Financial Future, which warned of the quicksand facing the stock market.  His other books include New Ideas from Dead Economists, and From Here to Economy.  Buchholz has advised President Bush and is a regular commentator for ABC News, PBS's Nightly Business Report and CNN

Frank Cappiello - .  $12,000 East of Denver/$14,000 West of Denver first class expenses for 1 from Maryland
Never has an investor had so much to worry about, Frank Cappiello shows his audiences the potential pitfalls of the marketplace while providing sound advice for making the most of their money.   Frank Cappiello is one of the country's leading financial analysts and an expert on the U.S. and global economy with a unique angle - he talks about what is happening in the economy from the Wall Street perspective.   Since 1970 he has been widely recognized as a frequent panelist on PBS' Wall $treet Week With Louis Rukeyser, he can also be seen on ABC's Good Morning America, CNN, and CNBC.   In addition to being president of a San Francisco-based investment advisory firm, McCullough, Andrews & Cappiello, he also the author of Frank Cappiello's Guide to Finding the Next Superstock and The Complete Guide to Closed-End Funds, and contributes a regular column to CBS.MarketWatch.com.

William Freund - .  $10,000 East of Chicago/$12,000 West of Chicago plus first class expenses for 1 from New Jersey or Florida.
One of the most insightful and accurate of global economic forecasters, William Freund is as famous for his wit as he is for his unstinting examination of the most serious economic events.  During his 18-year tenure as chief economist for the New York Stock Exchange, Freund demonstrated an astounding ability to predict future trends.  In his book People and Productivity, he predicted the U.S. economic boom long before his colleagues.  Today he brings those same insights and that same uncanny vision to audiences keen to understand and benefit from late-breaking economic shifts and trends.

Ron Insana - .  $20,000 East Coast/$25,000 West Coast plus first class expenses 1 from New Jersey.
One of the founding fathers of TV business news punditry, Ron Insana is host of CNBC's Street Signs and co-anchor of Business Center, the network's signature program.  With his finger on the pulse of the nation's financial markets, Insana gives audiences an insider's view of the latest trends in the world of finance.  His message crystallizes the often murky and unintelligible side of money matters, giving audiences the tools they need to use the fluctuations of financial markets to make their own predictions for the future.  Insana is a regular contributor to NBC's Today Show, The Nightly News with Tom Brokaw, Imus in the Morning and other programs on sister network MSNBC, when market activity warrants.  He is author of two books: Traders' Tales, a compendium of anecdotes about Wall Street life and The Message of the Markets.

Alice Rivlin - .  $31,500 East Coast/$47,500 West Coast plus first class expenses for 1 from Washington, D.C. (plus local ground transportation expenses if in Washington
One of the most influential policy makers in Washington, Alice Rivlin is renowned as a visionary thinker with a keen eye on the changing state of the national economy.  This former vice-chairman of the U.S. Federal Reserve Board headed the White House Office of Management and Budget and served as founding director of the Congressional Budget Office.  Now a senior fellow in the economic studies program at the prestigious Brookings Institution, Rivlin tracks the effects of rapid technological change and the rush toward globalization.  Author of Reviving the American Dream, she offers audiences a unique perspective on the future of the economy, both short term and long.

Louis Rukeyser -$112,500 plus first class expenses for 1 from Connecticut.
The most respected and entertaining adviser on the entire political-economic-financial scene, he has been dubbed "everyone's favorite economic commentator" by the Washington Post, and  "one of the most accurate economic forecasters in the country," by the San Francisco Examiner.   Since 1970 he has hosted TV's smash-hit, Wall $treet Week With Louis Rukeyser, which draws more viewers than all the other TV shows about money combined.  His two monthly newsletters, Louis Rukeyser's Wall Street and Louis Rukeyser's Mutual Funds, have by far the biggest circulation in their field.  He shares the latest challenges and opportunities facing the new global economy. (Requires a minimum of 2 hours speaking time)

Jeremy Siegel -$23,500 plus first class expenses for 1 from Pennsylvania.
Offering audiences an in-depth look at the forces shaping today's markets while offering predictions of future returns, Jeremy Siegel gives an honest appraisal of stock market risks and an exploration of determining stock value.  He is the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania, and has written and lectured extensively about financial markets and the economy.  He has shared his expertise with millions of viewers through appearances on CNN, CNBC, and Wall $treet Week with Louis Rukeyser.  He is currently the academic director of the U.S. Securities Industry Institute.  In addition to co-authoring Revolution on Wall Street: The Rise and Decline of the New York Tock Exchange, he wrote Stocks for the Long Run: The Definitive Guide to Financial Market Returns and Long-Term Investment Strategies, named one of the ten-best investment books of all time by The Washington Post.

Paul Volcker -$72,500 (U.S.) plus first class expenses for 1 from New York.
The former two term chairman of the Federal Reserve who is currently director of, or consultant to, a number of corporations and non-profit organizations as well as the Henry Kaufman Visiting Professor of New York University's Stern School of Business.  His vast experience and knowledge in banking and finance is insurmountable.  He offers audiences a wealth of insight on the historical patterns and future of the international economic scene