Will you please add the prices for the power and add a key showing the variable rates and the O&M used for calculating the spark spread?

Nice job.  Thank you for publishing this each day.

Thanks,
Mike

P.S. I nominated you to interview for the Trading Track.  It is your option.

 -----Original Message-----
From: 	O'Rourke, Ryan
Sent:	Wednesday, October 03, 2001 7:59 AM
To:	Grigsby, Mike
Subject:	NatGas/Spark Spreads file

This is yesterday's file... how do the spark spreads look?  Wasn't sure if you want heat rates based on next-day prices...

 << File: West NatGas Prices 1003.xls >>

Let me know if you want me to make any other modifications.  Otherwise, I'll continue to send this out ASAP as a daily routine.

-Ryan


Start Date: 4/23/01; HourAhead hour: 10;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042310.txt


Here are some picures of my little guy.........

MC

713-668-3712


Along with all the questions that Louise asked, can I please see the resume.

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Friday, April 27, 2001 10:13 AM
To:	Presto, Kevin
Cc:	Lavorato, John
Subject:	Re: willis phillips

This isn't the ex-metals trader from Koch?

What level is he?  What is the package - director or below?

 	Enron Capital & Trade Resources Corp.  From:  Kevin M Presto                           04/27/2001 08:49 AM

To:	John J Lavorato/Enron@EnronXGate, Louise Kitchen/HOU/ECT@ECT
cc:

Subject:	willis phillips

We would like to hire Willis Phillips from Koch.   Rogers, Dana, & I have all interviewed him and think he is a can't miss candidate.   The bad news is that he was referred by a headhunter (the fee is 20% of first year package).

This guy is quality and I want to make an offer.   Please let me know if I can proceed ASAP.

<Embedded Picture (Device Independent Bitmap)>


Guys, I would like to schedule a one hour meeting to discuss the 2000 and
2001 IT budget.  Essentially, I would like this first meeting to discuss our
approach to a) understanding in some detail our 2000 costs and the
nature/behaviour of those costs and b) in this context, ENA's priorities and
the system plan, come up with the 2001 budget and how the accountability will
be managed.

Kay, can you please try to organize ASAP.

Regards
Delainey


whenever.  i am ready to go now.


Set up with Rex on 4/14/00 x-58160


Kate,
I added your name to the ditribution list for NP15 and SP15 so you will
start receiving it now.
Sorry about that.

Jennifer Jones
609-520-4452

-----Original Message-----
From: Kate.Symes@enron.com [mailto:Kate.Symes@enron.com]
Sent: Thursday, January 25, 2001 4:33 PM
To: djenergy
Subject: Re: MeadMarketplace

Ernest - I was just wondering if I'll start getting e-mails reporting the
NP-15 and SP-15 indices. Are these reports generated? If so, who should I
contact to get them? Thanks for all your help in this matter.

Kate

djenergy <djenergy@dowjones.com> on 01/25/2001 01:26:06 PM

To:
cc:   "Onukogu, Ernest" <Ernest.Onukogu@dowjones.com>

Subject:  MeadMarketplace

(See attached file: MeadMktplace (2).xls)

 - NP 15 pages.xls
 - SP 15 pages.xls


Note:  PHYSICAL delivery in 3/02.

 -----Original Message-----
From: 	Pope-Sance, Kathleen   On Behalf Of EES Product Announcement,
Sent:	Thursday, October 18, 2001 10:19 AM
To:	All EES@ENRON
Subject:	NEW! Illinois Fixed Price Incentive Plan (PBR)

Enron customers expect competitive pricing, and this product delivers.

Targeted at current small commercial customers enrolled in one of Commonwealth Edison's
bundled rates, the Illinois Fixed-Price Incentive Plan provides up-front incentives through
February 2002, followed by fixed-price retail generation through end of contract. Bottom line:
this is EES's lowest price offering in the Illinois market. NOTE: Enron is offering limited
PHYSICAL delivery in March 2002!  Want to learn more? Click here.

<Embedded Picture (Device Independent Bitmap)>


Start Date: 4/23/01; HourAhead hour: 19;  HourAhead schedule download failed.
Manual intervention required.


ADMINISTRATIVE LAW JUDGE,S RULING
SETTING PUBLIC PARTICIPATION HEARINGS
AND REQUIRING CUSTOMER NOTICE

The Commission has stated that the purpose of this proceeding is 8to
determine whether current baseline allowances for residential gas and
electricity users in California should be revised, and if so, to what new
levels.8  (Order Instituting Rulemaking, May 24, 2001, p. 1.)  As part of
this proceeding, we are scheduling Public Participation Hearings.  At the
Public Participation Hearings, interested members of the public may make
their views known to the Commission on the issues to be addressed in this
proceeding.  Public Participation Hearings in this proceeding are set for
the following dates and locations.

Sept. 20, 2001  San Jose
7:00 p.m.   Double Tree Hotel
2050 Gateway Place
San Jose, CA

While this proceeding has been split into two phases, comments at the Public
Participation Hearings may address issues to be examined in either phase.
Issues currently identified as being addressed in Phase I are: 1) Updating
the energy usage data used by the Commission in calculating baseline
quantities; 2) The appropriate percentage of energy usage to use in
calculating baseline quantities, within the legally permissible range; 3)
Possible changes to the medical baseline allowance; and 4) Suggestions for
legislative changes.  Issues within the scope of the proceeding not
addressed in Phase I will be addressed in Phase II, and may include
consideration of the priorities and policy objectives of the baseline
program, possible changes to climate zones, consideration of household and
demographic characteristics, definition of seasons, and gas versus electric
issues.  Other issues reasonably within the scope of the proceeding may also
be addressed at the Public Participation Hearings.
In a previous Ruling  respondent utilities were directed to coordinate with
the Commission,s Public Advisor,s Office regarding the preparation and
content of bill inserts providing notice of these Public Participation
Hearings.  Respondent utilities should incorporate the above information,
and continue to coordinate with the Commission,s Public Advisor,s Office.
All respondent utilities are required to provide timely notice to their
customers of the Public Participation Hearings.  Each respondent utility
shall send written notices, in a form approved by the Public Advisor,s
Office, either by mailing them postage prepaid directly to customers, or by
including notices with customers, regular bills.  To the extent any utility
bills its customers electronically via the Internet, notice to those
customers may also be done electronically.
Anyone who needs assistance with participation in this proceeding should
make use of the resources on the Commission,s web site, www.cpuc.ca.gov, or
should contact our Public Advisor,s Office, which is available to help
parties understand how to participate in a proceeding, how to file a
pleading, and to answer other questions about Commission procedure.  The
northern California office can be reached at 415-703-2074 or
public.advisor@cpuc.ca.gov.  The southern California office can be reached
at 213-576- 7055 or public.advisor.la@cpuc.ca.gov.

IT IS RULED that:
1. Public Participation Hearings will be held on the dates and at the
locations and times described above.
2. Each respondent utility will provide a company representative at each of
the Public Participation Hearings in, or within 125 miles of, its service
territory, to be available to address any comments or concerns expressed by
attendees.
3. Each respondent utility will provide notice to its customers not later
than 10 days prior to the earliest Public Participation Hearing in, or
within 125 miles of, its service territory.  Notices shall be provided
either as an insert with a regular bill or may be mailed separately if
necessary to reach customers at least 10 days before the relevant Public
Participation Hearing.
4. Each respondent utility will provide to the Public Advisor,s Office not
later than five days prior to the relevant Public Participation Hearings, a
letter certifying that it has complied with the requirement of Ruling
Paragraph 3 above.  The compliance letter shall state the date(s) notices
were sent to customers and the approximate number of customers so notified,
and attaching one copy of the actual notice used.
5. Any party that desires expedited or daily transcripts should advise the
Chief Hearing Reporter by telephone at (415) 703-2288 no later than three
days prior to the first day of hearings.


any news on Alliance?       i haven't heard shit!   bye


Monday--S.D. at congressional hearing w/S. Kean
Tuesday--S.D. appearing at FERC hearing
Wed--In office
Thur--In office--Meeting with LECG re: study on competition v. command and
control
Frid--In office


Team,

We have an incoming guaranty from Formosa Plastics Corporation, USA, covering
its subsidiary, Neumin Production Company, for $15MM.  We would like to amend
this amount to an unlimited amount.  Unfortunately, miscommunication between
Fred's group and mine has led to a situation where the counterparty is
expecting this tomorrow.  Is it possible to get this drafted today,
signed-off by one of our attorneys and sent to the CP?  If not, I will need
to get with Fred (which I would rather avoid) and then probably the CP.

Sorry for the rush, and if it can't be done today, I understand.  Either way,
please coordinate with me on whether or not it is going out.

Thanks again,

John


Gerald,

I hope everything is going well with respect to your work load! I know that
you are probably very busy with conference calls. Anyway, I look forward to
working in your department this summer. I have already taken my drug test,
and have given Molly Magee my start dates (tentatively with your approval).
I have my start date scheduled to commence on May 21, 2001 and end on June
29, 2001. I hope these dates coincide with your schedule. Please e-mail me
and let me know.

Looking Forward to this summer,

Majed Nachawati

-----Original Message-----
From: Gerald.Nemec@enron.com
To: nnachawa@Central.UH.EDU
Sent: 4/17/2001 5:09 PM
Subject: Starting Date

Nabil,  Can you please provide the dates that you are planning on
working
for the 1st half of the summer. I called your residence earlier today,
but
your machine did not pick up.    It is probably easier to communicate
via
email since we both keep missing each other.  Thanks.


Attached is a clean CSA, only change is to date as of today.

Attached are a clean and relined MNA for final review.

Troy, I will call after 1 to get your final approval and coordinate execution of the documents.

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732
(713) 646-3393 (fax)
mary.cook@enron.com


Good Morning,
	Please prepare an omnibus confirm per the enclosed and forward to confirms and myself.  The trade is YD2437.1.

Thanks,

Max


Daren,

 I must be missing something.  Can I meet with you today and show you what I
have?

Thu

Daren J Farmer
03/23/2000 02:53 PM
To: Thu Nguyen/HOU/ECT@ECT
cc: Sherlyn Schumack/HOU/ECT@ECT
Subject: Re: Deal 156071 Feb 00

No, deal 156071 is good for days 7-29.

To: Daren J Farmer/HOU/ECT@ECT
cc: Sherlyn Schumack/HOU/ECT@ECT
Subject: Re: Deal 156071 Feb 00

Daren,

 There are only two deals on PGEV pipeline: Deal #156071- valid 02/01/00 -
02/29/00, and Deal # 208083 - valid for 02/01/00 - 02/06/00.  Should there be
another deal for days 7-29??  Thanks

Thu

Daren J Farmer
03/23/2000 11:19 AM
To: Thu Nguyen/HOU/ECT@ECT
cc:
Subject: Re: Deal 156071 Feb 00

The actuals should be allocated to the new ticket which has been nom'd,
tracked. and balanced.

D

	From:  Thu Nguyen                           03/22/2000 07:33 PM

To: Daren J Farmer/HOU/ECT@ECT
cc: Howard B Camp/HOU/ECT@ECT
Subject: Deal 156071 Feb 00

Daren,

This is one of the deals which you told me to zero out.  Unfortunately, I do
not allocate PGEV.  Also,  Sherlyn has actualized PGEV and she has the
support from the pipeline for the 1746918 volume.  Please let me know if I
had missed something in our conversation.  Thanks

Thu


-----Original Message-----
From: jfogg@reliantenergy.com [mailto:jfogg@reliantenergy.com]
Sent: Wednesday, November 21, 2001 8:06 AM
Subject: REGT Capacity Report Wednesday November 21

For gas flow for the Thanksgiving Holiday weekend, Thursday November 22
through Monday November 26, REGT has the following IT capacity:

CGT                                0          CGT back on line at 326
Other Hub Delivery Points including TGT     10
Tetco Bald Knob                         0          TETCO pressures have
been up and down, limiting IT.
Texas Gas Helena                      85
MRT Glendale                          15
Other Line AC points                        10
Williams Jane                         10
Carthage Delivery                     10
SBS injection space                   50
SBS withdrawal space                        50
Backhaul to west                      40

Malvern #1 and Chandler are still down.   Amber Station is flowing 313 Mdth
east and Line 2 South is at 106 Mdth for today.  Be aware that REGT is not
offering any general interruptible transportation discounts from West of
Amber to east delivery points.  All IT will be priced at max rate, unless
of operational benefit to REGT.  REGT is still full along Line AD and is
approaching full levels at its Oklahoma storage facilities.

Power plants burned 111 Mdth on Monday and noms are down to 75 Mdth.
Arkla loads are about 10% above normal (400 Mdth/d) for Wednesday but are
forecasted to drop back to about 1/3 warmer than normal for the weekend.

Gas Prices     East  $2.475
          West  $2.370

 REGT Fuel - currently 1.31% plus $0.0014/dth EPC - based on above
= $0.0338/dth

I am in the office today.  You can call me at 713-207-5183 or AOL IM me at
JAFOGG for any rate quotes or questions.

Thanks

JAF


Burlington: pcervin@br-inc.com, Conoco: Teddy.G.Jones@usa.conoco.com,
Reliant: thomas_j_toerner@reliantenergy.com


After 2 parties, I'm getting party burn out.  How bad is that?

Kay


For those of you who might be working on LM6000 transactions, there is a
rough cut of a standardized Financial Model and a old Capital Cost
Configuration Model that you can use for current/future LM6000 projects. Both
of them are saved as read-only at o:/naes/from_ko_LM6000/control. If you do
not have access, please compose a Security Request via Lotus Notes.

Please note that there are still work to be done on both models. If you are
assigned with any LM6000 models, please keep me in the loop, and I can fill
you in on the model progress and process.

Thanks.

Clement Lau
x3-9446


sounds good.

	Cameron Sellers <cameron@perfect.com>
	06/06/2001 12:43 PM

		 To: "'Jeff.Dasovich@enron.com'" <Jeff.Dasovich@enron.com>
		 cc:
		 Subject: RE: FW: Enron Demo Recap

How about we do dinner together - pesto??

Cameron Sellers
Vice President, Business Development
PERFECT
1860 Embarcadero Road - Suite 210
Palo Alto, CA 94303
cameron@perfect.com
650.798.3366 (direct dial)
650.269.3366 (cell)
650.858.1095 (fax)

 -----Original Message-----
From:    Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent:   Wednesday, June 06, 2001 10:34 AM
To:   Cameron Sellers
Subject:   RE: FW: Enron Demo Recap

sounds good. let's catch up tomorrow nite.

Best,
Jeff

                    Cameron

                    Sellers              To:     "'Jeff.Dasovich@enron.com'"

                    <cameron@perf        <Jeff.Dasovich@enron.com>

                    ect.com>             cc:

                                         Subject:     RE: FW: Enron Demo
Recap
                    06/06/2001

                    12:14 PM

I totally understand.  It sounds exciting though.  I can't wait to hear the
details.

I am with Renee tonight, but I will be home tomorrow night.  Why don't we
talk then??

Good luck with everything!!

-C

Cameron Sellers
Vice President, Business Development
PERFECT
1860 Embarcadero Road - Suite 210
Palo Alto, CA 94303
cameron@perfect.com
650.798.3366 (direct dial)
650.269.3366 (cell)
650.858.1095 (fax)

 -----Original Message-----
From:           Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent:           Wednesday, June 06, 2001 7:48 AM
To:        Cameron Sellers
Subject:        Re: FW: Enron Demo Recap

 << File: image001.jpg >>

Hi.  I am completely buried.  This is is blown.  I'll be in town tonite and
tomorrow nite and we can discuss more then if you like.  Just let me know.

Best,
Jeff

                    Cameron

                    Sellers              To:
"'Jeff.Dasovich@enron.com'"

                    <cameron@perf        <Jeff.Dasovich@enron.com>

                    ect.com>             cc:

                                         Subject:     FW: Enron Demo Recap

                    06/04/2001

                    02:56 PM

Hope you guys had a wonderful weekend at the dome.  Is the deck completely
finished now??  Vegas was awesome, of course.  I ended up a couple hundred
or so.  Craps was king.

On the business side?WE MUST CLOSE THIS DEAL WITH ENRON.  This is SO
important for us.  It looks like things really went well and they have our
pilot proposal.  Is there ANYTHING you can do??  Anything to get to someone
who is a part of this group and just say random great things about us or
help move it forward.  We have to close two deals before the next board
meeting (4 weeks out) or we have to downsize again.  It won't be pretty.
Is there anyone you know or who might know someone to help this out?  Maybe
you get Lay to put a little pressure on.  Ha!

Back to the personal?PP wanted to have a steak dinner to try out the knives
early this week.  How about tomorrow night?  I'll make a nice mushroom
sauce??

Cameron Sellers

Vice President, Business Development

PERFECT

1860 Embarcadero Road - Suite 210

Palo Alto, CA 94303

cameron@perfect.com

650.798.3366 (direct dial)

650.269.3366 (cell)

650.858.1095 (fax)

-----Original Message-----
From: Ian Sullivan
Sent: Friday, June 01, 2001 8:48 AM
To: Cameron Sellers
Subject: FW: Enron Demo Recap

FYI on the Enron mtg...  I'll catch up with Jeff early next week, talk to
him about the mtg, and strategize on next steps.  I think we have a
legitimate chance to do something with this group at Enron, and need to
assess where Jeff can help without complicating the decision-making process
in the near-term.

-----Original Message-----
From: David Young
Subject: Enron Demo Recap

Here's a recap of our demo meeting with Enron's Global Strategic Sourcing
group on Tuesday...

Demo went well.  In attendance for Perfect were Ian, James M and David Y.
Enron's attendees were:

- John Gillespie - Sr Director GSS - Platforms & Processes (decision maker)
- Pam Tragesser - GSS Operations Mgr (asst to Derryl C - Sr Dir GSS -
Operations)
- John Will - Director Sourcing - Pipe Valves & Fittings
- Craig Brown - Director Sourcing - Chemicals, Oils & Lubricants
- Shirley Jo Dickens-Wilson - Enron Transportation Services Procurement Mgr
- Eugene Ribaudo - Enron Energy Services Procurement Mgr - ibuyit.com team
lead
- Ken Sommers - Enron Energy Services Procurement Mgr

Despite only having 1 hour to present, Ian competently ran through a
company and feature overview, then blasted through a demo of PS2 and PPD.
We did not get to show PI.  They all bought in that this was a
sophisticated sourcing tool, that it followed their processes and would
help streamline their operation.  Only negatives we heard was that the $1M
price tag was a show stopper, and that they were trying to minimize RFQs
and focus on release against agreements.  With 2000 revs at over $100B, and
a spend to match that, their ROI would be tremendous.

Shirley Jo said that her primary use of this system would be for any
purchase over $50k, which requires 3 bids.  She does not feel that she has
enough of these events to justify implementation in her ETS group.

Their current processes are basically pen, paper, phone and fax.  They do
use RFQ templates and Excel spreadsheets.  They also model Total Cost of
Ownership - evaluating the total lifecycle of materials.

They are using their homegrown auction platform, DealBench, and were trying
to compare this against our system.  Their transaction fees for using the
DealBench system are minor, so our pricing looks high, but that would be
comparing apples against oranges.  I will address this in the cover letter
on the pilot proposal we will send.

Questions that came up included:

- What is the difference between maverick spend in Procurement vs Sourcing?
Ian responded Perfect reduces maverick spend during the sourcing cycle by
standardizing company best practices and providing
visibility/accountability of vendor selection criteria.

- How does the optimization calculation work?  Ian gave basic explanation
of input variables and ranking/scoring.  Don't feel we need to elaborate on
this at this point, possibly in future.

- Can we utilize a hands-on demo to play with the system?  We suggested a
pilot, but also said that it might be possible to work something out over
Webex just to test drive a little more before moving into a pilot.

We agreed that the next step is for us to send a pilot proposal and they
will get together either Friday or sometime next week to review the
proposal, discuss their opinions and determine the next step.

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

I sent the Pilot Proposal and cover letter out today by email after final
approval by Ian.  I will followup on Monday to find out what their
evaluation gameplan is and to suggest meetings so that we can get ROI
inputs to allow James to workup an ROI proposal.

David M. Young
Manager- Enterprise Sales
Perfect Commerce, Inc.
1860 Embarcadero Rd., Suite 210
Palo Alto CA  94303
Tel:  650-798-3356
Email:  dyoung@perfect.com

"Sourcing - the identification, evaluation, negotiation, and configuration
of supply partners - is the single largest opportunity for an organization
to impact the cost, structure, and overall efficiency of its supply chain."
-- Aberdeen Group, Inc.

(See attached file: image001.jpg)


---------------------- Forwarded by Drew Fossum/ET&S/Enron on 08/09/2000
11:21 AM ---------------------------

	From:  Eric Benson                           08/08/2000 08:08 AM

To: Drew Fossum/ET&S/Enron@Enron
cc: Michael Moran/GPGFIN/Enron@Enron

Subject: 2001 ET&S Budget Templates - DRAFT as of 8/7/00

Drew -

Attached are the latest drafts of the Northern and Transwestern budget
templates for your review and comment.  Changes were made to legal fees for
both cost centers as per my notes from the last group meeting we had on
budget.  In addition, you should have received the latest consolidated budget
run and the latest outside counsel spreadsheet for 2001.

Let me know if you have any questions, modifications, concerns, etc.

Eric


Response of Mirant to Order Lifting Protective Order from Heat Rate and MMCP Data and Concerning Continued Application of the Protective Order, in Docket Nos. EL00-95-045, et al., as filed today at FERC by Mirant.
 <<Response to 11-15 Order.DOC>>

 - Response to 11-15 Order.DOC


The report named: East P/L Totals <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=1&report_name=East+P/L+Totals&category_cd=1&category_name=EAST&toc_hide=1&sTV1=1&TV1Exp=Y&current_efct_date=11/27/2001>, published as of 11/27/2001 is now available for viewing on the website.


Everyone,

If you have some time today, go to http://tags.dev.corp.enron.com to look at the menu and sub-menus.  Just mouse over the main items to get a drop down of the sub-menus.  Keep in mind that we'll discuss the TAGS homepage tomorrow.  Think about other color options if you don't like the current one.  If you're considering a legal disclaimer in place of the Latin text, please come up with a draft disclaimer.

See you all tomorrow at 10am.

Sheri Luong
Corporate Systems Development
Enron Net Works
ECN1831C
(713) 345-3553


FYI
---------------------- Forwarded by Deb Cappiello/ET&S/Enron on 08/24/2000 03:38 PM ---------------------------

Ann Smith
08/24/2000 02:38 PM
To:	Shelley Corman/ET&S/Enron@ENRON, Frazier King/FGT/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Maria Pavlou/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Tony Pryor/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Ranelle Paladino/ET&S/Enron@Enron, Mary Darveaux/ET&S/Enron@ENRON, Rita Bianchi/ET&S/Enron@ENRON, Janet Bowers/ET&S/Enron@ENRON, Laura Lantefield/ET&S/Enron@ENRON, Craig Buehler/ET&S/Enron@ENRON, Deb Cappiello/ET&S/Enron@ENRON, Elizabeth Brown/ET&S/Enron@ENRON, Linda Trevino/ET&S/Enron@ENRON
cc:

Subject:	637 Reporting Requirements - Master Glossary

Attached is Northern's glossary (from Dari Dornan)

Deb, Please forward to the marketing reps.  Thanks.


Sure would like to be able to sell that inventory.

 -----Original Message-----
From: 	Zisman, Stuart
Sent:	Monday, March 18, 2002 9:17 AM
To:	Parks, Joe
Subject:	RE:

Nothing has changed.  We are still trying to figure our some way to sell this short/long term.  In fact, I have requested permission to show these documents to potentially interested third parties and haven't heard back from ChevTex.

Stuart

 -----Original Message-----
From: 	Parks, Joe
Sent:	Monday, March 18, 2002 9:03 AM
To:	Zisman, Stuart
Subject:

What's the status of the Bridgeline Transportation and Storage?


A New Jersey postal worker is suspected to have inhalation anthrax, state health officials said.

http://www.abcnews.go.com

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----- Forwarded by Mark Palmer/Corp/Enron on 12/15/2000 05:52 PM -----

	"Leopold, Jason" <Jason.Leopold@dowjones.com>
	12/15/2000 05:40 PM

		 To: "'mark.palmer@enron.com'" <mark.palmer@enron.com>
		 cc:
		 Subject: From our great governor

 - PR00 334 GGD Statement on FERC.doc
 - PR00 334 GGD Statement on FERC.rtf


yes


Please find attached our Weekly Report (15th December 2000) for your perusal
and Information.

In an effort to make this useful to the wide distribution it covers, Mark
Schroeder is soliciting feedback from the recipients regarding the level of
detail, content, frequency, etc., of this report.  Please provide any
comments directly to Mark.

Thank you


STEVE KEAN

	Katherine Brown
	09/26/2000 11:59 AM

		 To: James M Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cliff
Baxter/HOU/ECT@ECT, Sanjay Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Rick Buy/HOU/ECT@ECT, Richard Causey/Corp/Enron@ENRON, Diomedes
Christodoulou/SA/Enron@Enron, David W Delainey/HOU/ECT@ECT, James
Derrick/Corp/Enron@ENRON, Andrew S Fastow/HOU/ECT@ECT, Peggy_Fowler@pgn.com,
Mark Frevert/NA/Enron@Enron, Ben F Glisan/HOU/ECT@ECT, Kevin Hannon/Enron
Communications@Enron Communications, David
Haug/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stanley Horton/Corp/Enron@Enron,
Larry L Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steven J
Kean/NA/Enron@Enron, Mark Koenig/Corp/Enron@ENRON, Kenneth
Lay/Corp/Enron@ENRON, Rebecca P Mark/HOU/AZURIX@AZURIX, Mike
McConnell/HOU/ECT@ECT, Rebecca McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Jeffrey McMahon/HOU/ECT@ECT, J Mark Metts/NA/Enron@Enron, Cindy
Olson/Corp/Enron@ENRON, Lou L Pai/HOU/EES@EES, Ken Rice/Enron
Communications@Enron Communications, Jeffrey Sherrick/Corp/Enron@ENRON, John
Sherriff/LON/ECT@ECT, Jeff Skilling/Corp/Enron@ENRON, Joseph W
Sutton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Whalley/HOU/ECT@ECT, Thomas
E White/HOU/EES@EES, Brenda Castillo/NA/Enron@Enron, Marcia
Manarin/SA/Enron@Enron, Susan Skarness/HOU/ECT@ECT, Stacy
Guidroz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Beena
Pradhan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Karen K Heathman/HOU/ECT@ECT,
Sharron Westbrook/Corp/Enron@ENRON, Kay Chapman/HOU/ECT@ECT, Molly
Bobrow/NA/Enron@Enron, Rosane Fabozzi/SA/Enron@Enron, Stephanie
Harris/Corp/Enron@ENRON, Bridget Maronge/HOU/ECT@ECT, Mary_trosper@pgn.com,
Nicki Daw/NA/Enron@Enron, Inez Dauterive/HOU/ECT@ECT, Carol Ann Brown/Enron
Communications@Enron Communications, Elaine
Rodriguez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cindy Stark/Corp/Enron@ENRON,
Mary E Garza/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Maureen
McVicker/NA/Enron@Enron, Joannie Williamson/Corp/Enron@ENRON, Rosalee
Fleming/Corp/Enron@ENRON, Vanessa Groscrand/Corp/Enron@ENRON, Tori L
Wells/HOU/ECT@ECT, Cathy Phillips/HOU/ECT@ECT, Loretta
Brelsford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sue Ford/HOU/ECT@ECT, Dolores
Fisher/NA/Enron@Enron, Karen Owens/HOU/EES@EES, Dorothy Dalton/Enron
Communications@Enron Communications, Mercedes Estrada/Enron
Communications@Enron Communications, Christina Grow/Corp/Enron@ENRON, Lauren
Urquhart/LON/ECT@ECT, Sherri Sera/Corp/Enron@ENRON, Katherine
Brown/Corp/Enron@ENRON, Pam Benson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jana
Mills/HOU/ECT@ECT, Liz M Taylor/HOU/ECT@ECT, Judy G Smith/HOU/EES@EES, Bobbie
Power/Corp/Enron@ENRON, Suzanne Danz/Corp/Enron@ENRON
		 cc: Suzanne Danz/Corp/Enron@ENRON, Videoconference@enron, Vanessa
Groscrand/Corp/Enron@ENRON
		 Subject: EXECUTIVE COMMITTEE MEETING - MONDAY, OCTOBER 2

Executive Committee Weekly Meeting
Date:  Monday, October 2
Time:  11:00 a.m. (CDT)
Location: 50th Floor Boardroom
Video:  Connections will be established with remote locations upon request.
Conf call: AT&T lines have been reserved.  Please contact Sherri Sera
(713/853-5984)
  or Katherine Brown (713/345-7774) for the weekly dial-in number and
passcode.

Please indicate below whether or not you plan to attend this meeting and
through what medium.

 Yes, I will attend in person ___X____

 By video conference from _______

 By conference call  _______

 No, I will not attend  _______

*  *  *

Please return this e-mail to me with your response by 12:00 p.m., Friday,
September 29.

Thank you,
Katherine


This is an automatically generated Delivery Status Notification.

Your message has been successfully relayed to the following recipients, but the requested delivery status notifications may not be generated by the destination.

       kelley_doolan@mcgraw-hill.com
       liane_kucher@mcgraw-hill.com
       prices@intelligencepress.com
       dina.omeara@dowjones.com
       john.edmiston@dowjones.com
       gas_daily@ftenergy.com

--------- Inline attachment follows ---------

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=PKEAVEY>
To: Iferc1 (E-mail) <kelley_doolan@mcgraw-hill.com>, Iferc2 (E-mail) <liane_kucher@mcgraw-hill.com>, Gas Daily (E-mail) <gas_daily@ftenergy.com>, Dowjones1 (E-mail) <dina.omeara@dowjones.com>, Dowjones2 (E-mail) <john.edmiston@dowjones.com>, NGI (E-mail) <prices@intelligencepress.com>
Date: Wednesday, October 17, 2001 7:15:06 GMT
Subject:


Part 1 of 3 Parts

Jerry Scarbrough's True Orange
The Newsletter for the True Texas Longhorn Faithful

Volume 11, No. 23, September 10, 2001

 Defense, Vasher-Led Special Teams Bail Out
Anemic Offense in 44-14 Win Over Tar Heels

The Longhorns have two-thirds of an outstanding team  as they showed Saturday
before another sellout home crowd in a 44-14 rout of North Carolina.
Coach Mack Brown's defense and special teams, led by Nathan Vasher's
school-record punt returns, were simply too much for Brown's old team.
But be thankful it wasn't a powerhouse across the line of scrimmage Saturday.
The Tar Heels might have the second-best defense the Longhorns will see this
year, but their offense is as bad as their defense is good.
The Texas offense, after two games, simply isn't hitting on all cylinders.
There are way too many three-and-outs and way too many drives that end almost
as soon as they start.
To stay in the top 5, or even in the top 10, the Longhorns must develop an
offense that moves the ball on most possessions, even when it fails to score.
An offense like that pays huge dividends in two ways. First, it helps win the
all-important field position battle. Second, it gives a team's defense time
to rest.
But this game, while it was a nail-biter for a half, turned into a runaway
primarily because of the tough UT defense, Vasher, DE Cory Redding and the
find of the year - freshman walk-on kicker Dusty Mangum.
The Longhorn defense held North Carolina to 211 yards total offense and
Redding scored the game's first touchdown on a 22-yard pass interception
return that included an awesome dive into the end zone to avoid two tacklers.
Vasher broke a 96-game Longhorn drought in touchdown punt returns, set up
another easy TD with a 59-yard punt return to the Tar Heel 5 and  kept the
crowd on its feet regularly with exciting punt returns. He also gift-wrapped
a touchdown for North Carolina when he bobbled a bouncing punt at the UT 17.
Mangum, the gritty young kicker from Mesquite, booted a 49-yard field goal
into the wind on the last play of the first half to send the Longhorns into
the dressing room with a 20-14 lead and some momentum.
He later kicked a 51-yarder and a 36-yarder and is perfect this season on
eight extra points and five field goals. Not bad for a walk-on.
Coach Brown said after the game a 30-point victory is to be enjoyed not
critiqued, but the Longhorns need to use this open date to figure out a way
to run the ball better and be more consistent on offense. A bunch of
three-and-outs in a row will get them beat pretty soon if they don't.

Here, briefly, is how the game went

First Quarter
Texas won the toss and deferred. Just like last week, that decision paid off
because most of the first quarter was played in North Carolina territory.
After an exchange of punts, Tar Heel QB Ronald Curry's pass in the right flat
was intercepted at the 22 by Redding, who ran it back to about the 5 and then
leaped over two would-be tacklers into the end zone. Mangum kicked the extra
point to give UT a 7-0 lead with 10:04 left. The Longhorn defense forced
another quick punt and Vasher got loose on a 59-yard punt return to the 5. He
almost scored but lost his balance tip-tooeing down the sideline after
leaping over one Tar Heel. An offside penalty moved it inside the 3. TB
Victor Ike ran to the 1, then QB Chris Simms scored. Mangum kicked the extra
point for a 14-0 lead with 6:45 left. The Longhorns had no first downs at
this point. After the kickoff,  Curry led the Tar Heels on an impressive
77-yard scoring drive to cut the deficit to 14-7 with 3:44 left. The Lo
nghorns ran only nine plays and had just 17 yards offensively in the quarter,
while North Carolina ran 23 plays and had 105 yards offensively.

Second Quarter
Vasher tried to scoop up a low bouncing punt at the UT 17 early in the period
and North Carolina scored in two plays to tie at 14-14 with 12:40 left. He
came right back with a 31-yard return to the Tar Heel 18. Three plays later
the Longhorns were on the 19, facing fourth-and-11, so Mangum kicked a
36-yard field goal for a 17-14 lead with 5:48 left. Simms led the Horns on a
51-yard drive in the final 45 seconds, connecting on four passes for 46 yards
to set up Mangum's clutch 49-yard FG into the wind on the final play for a
20-14 lead at the half. The Longhorns had 122 offensive yards in the period
to the Tar Heels' 54.

Third Quarter
UT went 3-and-out to start the second half, and the Tar Heels went deep on
their first play after the punt, but CB Quentin Jammer, after being burned on
a couple of long passes in the first half, made a lunging interection at the
UT 14. After an exchange of punts, UT put together its only long TD drive,
going 89 yards in 12 plays to take a 26-14 lead with 2:25 left. Simms tried
to pass for the two-point conversion, but it failed. RB Ivan Williams had a
31-yard run and Simms completed four passes for 31 yards. Freshman RB Cedric
Benson got the score on a 7-yard run. Texas had 121 offensive yards in the
quarter and the Longhorn defense gave the Tar Heels fits, allowing them to
run only seven plays for minus 5 yards.

Fourth Quarter
Mangum's 51-yard field goal to start the fourth quarter gave Texas a 29-14
lead. Then the UT kickoff team forced the Tar Heels to start their next
possession at the NC 5. Curry tried to pass on first down and DT Maurice
Gordon sacked him in the end zone for a safety and a 31-14 lead just 27
seconds deep in the quarter. Vasher's 44-yard punt return for a touchdown
with 9:06 left put UT on top, 38-14. Longhorn LB Reed Boyd's interception at
the North Carolina 14 set up TB Brett Robin's 12-yard TD run with 36 seconds
left, then backup QB Major Applewhite took a knee on the extra-point play,
leaving the score at 44-14 to honor Cole Pittman, the UT player who was
killed in a vehicle accident in February.

Pittman Ceremony

The Longhorns gave Cole Pittman's family an honorary T-Ring before the game
Saturday. In a tradition started nearly 50 years ago by Darrell Royal,
T-Rings are presented to every Longhorn football player who graduates.
Pittman was killed in an automobile accident last February while returning to
UT for spring football practice. He was a junior defensive tackle.
When the Longhorns scored late in the game to reach the 44-point plateau,
redshirt freshman quarterback Chance Mock, who was Pittman's best friend on
the team, told coach Mack Brown the score matched Pittman's jersey number.
Texas did not try to kick the extra point after the score, electing to take a
knee to preserve the final score in Pittman's honor.

900 Number Updated Daily

I update my 900 number every day with football and football recruiting news.
The number is 1-900-288-8839. It costs $1.59 a minute. You must be 18 or
older to call.

Coach's Corner

Coach Mack Brown said Sunday he wants the Longhorn offense to develop more
consistency, but he also said he isn't worried about much of anything when
his team posts a 44-14 win.
"We're stressing the team, not individuals and stats, this year," he said.
"I'm not into statistics, how much we run it,  or how much we throw it."
"I'm not as concerned about all that as I am about is time of possession, the
number of plays we have as compared to them, the kicking game and turnovers."
But he said, "We haven't had as many explosive runs or passes as I would like
to see."
The UT staff defines explosive plays as runs of 12 yards or more and passes
of 16 yards or more.
In two games this season, both lop-sided victories, the Longhorns have run
the ball 80 times and they have had only six runs of 12 yards or more. They
have thrown 75 passes and have completed six of 16 yards or more.
Brown said the Longhorns have been very conservative offensively and have
forced the run in situations where the defensive formation normally would
cause a pass to be called.
"We're still not clicking on offense all the time," he said, but said one
reason "is we're forcing the run some now in situations that we probably
won't later in the year."
He said he wants the team to be able to run the ball when it wants to run it
at times because a solid running game is necessary to pick up short-yardage
first downs, keep some pressure off the quarterback and run the clock to
protect a lead late in the game.
But, as a whole, Brown said he was very happy with the victory over his
former school.
"After studying the film, I'm really pleased about almost everything. There
are still a lot of things we can improve but nearly everything was positive."
"The special teams were very exciting and really helped us win the game, but
(the fumbled punt) gave them a touchdown," he said. "We've got some things to
work on."
Brown said the offense "had 326 yards against them and they were giving up
only 255 yards a game against Oklahoma and Maryland. The Carolina defensive
line is very good. I think they have six or seven pro prospects on their
defense."
True freshmen LB Derrick Johnson led the team in tackles and had two sacks,
and Brown said he "has the ability to play as good as anybody in the country.
He's tall, he's fast and he likes to hit. I think he's got a chance to be
really special."

Sooners Still Outlaws

I normally don't write a lot about the other teams in the Big 12 unless I am
previewing their games with Texas.
But the University of Oklahoma issued an interesting press release about 10
days ago. Here's how it went, in part:
"Lynn McGruder, who began his college football career at Tennessee, is
enrolled at Oklahoma, University of Oklahoma athletic officials said today.
According to head football coach Bob Stoops, McGruder has yet to join the
football program."
"Stoops said that McGruder is not practicing or participating in any football
team activities and will not be until a past off-the-field incident is
resolved."
"OU expects its student-athletes to represent the best values of the
university both on and off the field," Stoops said. "We have set very high
standards of excellence, and we are not going to compromise them in any way."
"Our process of evaluating Lynn McGruder has included intensive conversations
with him and members of his family and those who worked with him in previous
athletic programs."
"While we have not yet made a final decision about whether or not he will
ultimately be allowed to participate in our football program," Stoops
continued, "we believe in looking at the whole character and background of a
person in deciding whether or not he deserves a second chance.  We recognize
that it is only human to make an isolated mistake and the important thing is
whether or not we learn from that mistake.  If we end up deciding that he
will join our football program, we will hold him very strictly to the highest
standards of behavior.  Not a single deviation from that standard will be
tolerated."
That's what the press release said, and, coming from OU, I guess I shouldn't
be that surprised.
McGruder was kicked off the Tennessee team after he was charged with felony
possession of marijuana with the intent to sell and deliver.
The charge said there were marijuana plants, a scale and other things the
police report described as drug-related material in his room.
Tennessee coach Phillip Fulmer sometimes gives scholarships to kids other
schools won't touch.
 Do you remember the offensive lineman a couple of years ago who was charged
with raping a student at Florida while he was on a recruiting visit to the
school? Florida dropped him, but Fulmer signed him.
In other words, when Fulmer boots a kid for character reasons, you know
something is really wrong.
The odd thing about Stoops taking him is that, if convicted, he might do some
serious prison time.
Stoops didn't say whether McGruder is on scholarship, but I think he would
have stressed that he was walking on if that was the case.
I wonder what parents of top recruits will think of Stoops' decision.
Perhaps he can tell them that, if their sons come to Oklahoma and want to buy
some dope, at least they won't have to leave the athletic dorm to get it.
We shouldn't be surprised. After all, the original Sooners were the crooks
who cheated on the land rush back in 1899. They didn't participate in the
rush, but hid out along the way and grabbed choice pieces of property.
That's kind of like the marathon runners who get caught hitching a car ride
part of the way.
Of course those runners get disqualified and don't get the race named after
them they way the Sooners did. Oklahoma is, after all, the Sooner State.

Corrections

* I wrote in a recent newsletter that the University Interscholastic League
(UIL), the governing body for high school sports in Texas, had a rule against
recruits taking paid visits to colleges while they had eligibility remaining.
That rule was repealed five years ago and there is no such rule now.
* I wrote in my last issue that Victor Ike and Ivan Williams ran behind the
first-team line and Cedric Benson ran behind the defensive line. That should
have been the second-team line.

Subscribe To The E-Mail/Fax To Get Year-Round Football
& Recruiting Scoops !
Save Big As
An Internet Subscriber !
Whether you live close to Austin or far away, the True Orange E-Mail/Fax
Service is the way to keep up with Longhorn football and Longhorn recruiting
- instantly. It has about 110 to 120 timely e-mail/faxes a year, primarily
about football and football recruiting.  To  subscribe, send your check to
True Orange, Box 26530, Austin, Texas 78755, and copy or clip the coupon
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pretty good.  who is going out sat night?


Well believe it or not, it's almost Fall again.  And, of course, that means
time for back to school, football, cooler weather (that means under 100
degrees in Houston) and our annual marketing affiliate compliance seminar.

While we hold these sessions on an annual basis to ensure our continued
compliance with FERC's standards of conduct, the session will not simply be a
repeat of last year's materials.  Each year we try to focus on new aspects of
the rules.  This year our sessions will focus on:

? Maintaining our web site in compliance with the rules
? Handling e-mail requests and inquiries from marketing affiliates
? The implications of new electronic tools - EOL, eThink, etc.

In addition, we have prepared some fun video examples to illustrate day to
day application of the rules.

The session will last only 1 hour from 8:30 - 9:30 AM in 5C2.  Last year you
let me know that you expected refreshments - so I'm happy to report that
donuts and coffee will be served.

All Houston-based marketing, finance and operations staff receiving this
e-mail need to attend a session on Tuesday, October 10.  This session is
designed to address specific issues which are concerns for these groups.


Fyi
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)

-----Original Message-----
From: Strohmeyer, Vincent <Vincent.Strohmeyer@ENRON.com>
To: Hayslett, Rod <Rod.Hayslett@ENRON.com>; Peters, Jerry <Jerry.Peters@ENRON.com>; McCarty, Danny <Danny.McCarty@ENRON.com>; Horton, Stanley <Stanley.Horton2@ENRON.com>
CC: Saunders, James <James.Saunders@ENRON.com>; Cobb Jr., John <John.Cobb@ENRON.com>; Neubauer, Dave <Dave.Neubauer@ENRON.com>; Harris, Steven <Steven.Harris@ENRON.com>; Perchal, Cheryl <Cheryl.Perchal@ENRON.com>
Sent: Mon Nov 19 08:23:05 2001
Subject: FW: Daily Summary of Risk Data

Summary Risk Data as of 11/16/2001

Active Financial Deals	83
Active Physical Positions	38
P&L  Daily ($thousands)	345.0
VaR ($thousands)	159.4

ETS Margin Account Deals	0

Physical deals modeled in the Caminus Zainet system are deals which have some form of price risk, (i.e. Index to index deals, and anticipated fuel sales) This does not include standard transport or storage agreements.

P&L  Daily:   Daily change in the  mark-to-market (MTM) valuation of all deals being tracked in the Caminus Zainet system.  This includes the origination and changes in value for both the physical and financial sides of hedges, along with any speculative trades and floating unhedged physical positions.

VaR is "Value at Risk":  Enron Corp policy defines this as the maximum expected one day loss on the portfolio given a 95% statistical confidence interval.  This number is currently calculated on the Caminus system using a variance covariance methodology, rather than a Monte Carlo simulation per the Enron Corp policy.

More detailed reports are available from the Caminus Zainet risk management system.  Please call Vince Strohmeyer at 713.853.6701 with any questions you may have.


Sarah Wesner

-----Original Message-----
From: Warwick, Todd <Todd.Warwick@ENRON.com>
To: Wesner-Soong, Sarah <Sarah.Wesner@ENRON.com>
CC: Whiting, Greg <Greg.Whiting@ENRON.com>
Sent: Fri Nov 02 11:56:01 2001
Subject: EDF Mann

Sarah, EDF only gave us their risk adjusted number for statement day 10/30/01.  They were under the assumption that they would go back to calculating margin on a span basis the following day once the specified trades were moved.
Statement Day:		Span Margin		Risk-Adjusted Margin
10/30/01		$34,853,585		$89,097,843
10/31/01		$31,141,475		N/A
11/01/01		$16,900,771		N/A

Thanks,
Todd


Hi Everyone,

I've just recieved confirmation from EDF Man regarding today's Margin Excess.  Paul said the wire was going out as we spoke (12:40) for $24,296,123.00.

My thanks to everyone for their help!

gg


Kim,

Mike McDonald and I are meeting with the President of Knauf next week.  The
topic for discussion is energy supply to their facility currently under
construction in Shasta Lake, CA.  We have previously bid power supplies to
Shasta who, in turn, sell the power to Knauf.  Knauf wants to meet directly.
They also want us to look at providing their gas needs - about 2.5 MMcfd.

Can I get your help in getting quotes for natural gas supplies to their
facility.  I need PG&E city-gate prices for a 1, 4 and 9 year, 2.5 MMcfd
baseload supply starting July 1, 2001.  I will ask Tracy Ngo about credit.

We are meeting with Knauf next Thursday in Indianapolis, so I need pricing by
late Tuesday.  We need to leave at the crack of dawn on Wednesday to get to
Indy.

Thanks,

Laird


All,

	The updated TW Unsubscribed page was migrated to production today 10/22/01.  Per our meeting 10/16/01, the extra line item groups have been added to the TW Unsubscribed Capacity page as well as placed in order. Please see http://www.tw.enron.com/twdb/etfr_avcap.html

	Thanks,
		Toby

 -----Original Message-----
From: 	Kuehl, Toby
Sent:	Friday, October 19, 2001 1:14 PM
To:	Frazier, Perry; Licciardo, Jeanne; Hermanek, Patty
Cc:	Schoolcraft, Darrell; Darveaux, Mary; Miller, Mary Kay; Lohman, TK; Betancourt, Ramona ; Watson, Kimberly; Holmes, Bradley
Subject:	RE: url for tw unsubscribed capacity report
Importance:	High

All,

Due to the model office refresh this weekend we have decided to implement change Monday morning 10/22/01.  I will notify this group when migration is completed and in production for the additional groups on the TW Unsubscribed Capacity page .

Toby

 -----Original Message-----
From: 	Frazier, Perry
Sent:	Friday, October 19, 2001 12:27 PM
To:	Kuehl, Toby; Licciardo, Jeanne
Cc:	Schoolcraft, Darrell; Darveaux, Mary; Miller, Mary Kay; Lohman, TK; Betancourt, Ramona ; Watson, Kimberly; Hermanek, Patty
Subject:	RE: url for tw unsubscribed capacity report

I am ready,  lets roll the report and I'll check for accuracy, in the production environment.

PT

  -----Original Message-----
From: 	Miller, Mary Kay
Sent:	Friday, October 19, 2001 11:53 AM
To:	Kuehl, Toby; Darveaux, Mary
Cc:	Schoolcraft, Darrell; Licciardo, Jeanne; Lohman, TK; Betancourt, Ramona ; Watson, Kimberly; Frazier, Perry
Subject:	RE: url for tw unsubscribed capacity report

Looks ok to me-  thanks  for the work on this-  MK

 -----Original Message-----
From: 	Kuehl, Toby
Sent:	Friday, October 19, 2001 7:54 AM
To:	Miller, Mary Kay; Darveaux, Mary
Cc:	Schoolcraft, Darrell; Licciardo, Jeanne; Lohman, TK; Betancourt, Ramona ; Watson, Kimberly; Frazier, Perry
Subject:	RE: url for tw unsubscribed capacity report
Importance:	High

Mary Kay, Mary,

The requested changes have been made to the "TW Unsubscribed Capacity". Please review the test site http://twdev.ets.enron.com/twdb/etfr_unsubcapasp.html and at your earliest convenience let me know if you are satisfied with the format changes.  Patty is looking into when the table changes will be made so we can place into production.

Toby

Toby

 -----Original Message-----
From: 	Licciardo, Jeanne
Sent:	Thursday, October 18, 2001 9:15 PM
To:	Kuehl, Toby; Lohman, TK; Schoolcraft, Darrell; Betancourt, Ramona ; Watson, Kimberly
Subject:	FW: url for tw unsubscribed capacity report

Here is the report in Model office. Please review for completeness and sequence of the new groups that were added. Do not verify the content of the data , this is Model Office data that has not been refreshed from Production. Please let me know your approval to proceed with this move to Production. Please forward to anyone else that needs to review prior to production. Also attached is the updated Groups document.

  << File: cas group name.xls >>
[Licciardo, Jeanne]
 -----Original Message-----
From: 	Hermanek, Patty
Sent:	Thursday, October 18, 2001 4:26 PM
To:	Frazier, Perry
Cc:	Licciardo, Jeanne
Subject:	url for tw unsubscribed capacity report

Here's the url for the tw unsubscribed capacity report.  The report now displays 10 groups.

http://twdev.ets.enron.com/twdb/etfr_unsubcapasp.html

If you have questions, please ask.

Thanks.


Start Date: 4/22/01; HourAhead hour: 22;  HourAhead schedule download failed.
Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042222.txt
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Alias: dbCaps97Data


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ISDA PRESS REPORT - DECEMBER 27, 2001

RISK MANAGEMENT
	*	A spanner in the works - Risk

TRADING PRACTICE
	*	ISDA and FpML.org to merge - Risk

A spanner in the works
Risk - December 2001

When the Basel Committee issued its second consultative document proposals
(CP2) for a new regulatory capital Accord in January, it prompted fierce
opposition from banks, academics and lobbying groups over its treatment of
loans to small- to medium-sized enterprises (SMEs). This sector is the
backbone and growth engine of many major economies. Now, nearly a year
later, the issue has come to a head. The US and Germany - which is fiercely
protective of its SME sector, the mittelstand - are engaged in brinkmanship
over the capital treatment of loans to SMEs that could cause the entire
Basel II capital Accord to unravel.

SME lenders' initial concerns included the steepness of Basel's credit risk
weighting curve for the internal ratings-based (IRB) approach, its
insistence that expected loss provisions should be made in addition to
typical unexpected loss provisions, confusion over which SME loans could be
included under the retail approach, and the extent to which physical
collateral could be used as a risk mitigant. The Committee has moved to
address many of these concerns, although some, like the risk weighting
curve, remain prickly. But a critical issue, the use of maturity adjustments
in the calculation of capital charges for corporate and SME lending, which
requires banks to put aside more capital for longer-dated loans, is far from
being settled.

The German banking industry in particular is worried that overly harsh SME
treatment would push up lending costs, thereby stifling capital to a vital
source of the country's economic growth. While German banks have several
concerns, the country's lack of flexibility on the maturity issue threatens
to derail the entire Basel II process, which in turn would throw the
European Directive based on Basel II into disarray.

While most Basel lobbying has been carried out via traditional banking
channels - with national banking associations petitioning their regulators
that sit on the Basel Committee and its working groups - the debate in
Germany, Europe's largest economy, involves the highest levels of
government. German chancellor Gerhard Schr?der and economics minister Werner
M?ller said in late October that German funding to the mittelstand must not
be impaired by Basel II. "Basel II is not acceptable to Germany in its
present form. Everyone must reckon with our opposition to a European Union
guideline based on Basel II," said Schr?der, referring specifically to
treatment of SMEs.

The Basel Committee has since issued a paper, 'Potential modifications to
the Committee's proposals', which outlines current thinking within the
Committee and indicates that it will make key concessions to SME lenders.

The most important aspect of the paper, released November 5, is the
Committee's move to lower and flatten the IRB risk weighting capital curve -
which is a function of a firm's probability of default. This significantly
lowers capital requirements for SME lending. The move is based on evidence
that small companies are less likely than large corporates to default during
economic downturns.

But the paper failed to touch on the maturity debate. "[It] says nothing
about maturity, just about the risk weights without any maturity
adjustments," says Tobias Winkler, head of international banking issues in
the department for banking supervision at the Bundesverband deutscher Banken
(Association of German Commercial Banks). "This a right step, but certain
additional things have to be done to take account of special circumstances
of SME lending [in Germany]," he adds. "The maturity adjustment has to be
abolished in the advanced approach," he argues.

The German side claims the terms of loans to the mittelstand are
significantly longer than those to their SME counterparts in the US or the
UK.

"We have got very long maturities, this would put German banks at an
enormous competitive disadvantage compared with other countries," says
Winkler.

Evidence to support this argument is hard to come by, especially since the
Basel Committee refuses to disclose cross-country comparisons for factors
like average loan maturities from its second quantitative impact study (QIS
2). But several officials with access to QIS 2 data say the average maturity
of loans made by domestic financial institutions to businesses in Germany is
4.28 years, a figure that falls to 2.95 years for Germany's internationally
active banks. Average maturities for business loans in other G-10 countries
were said to lie between two and 2.5 years.

The CP2 proposals for Basel II contained two maturity approaches in IRB
treatment, one called the 'default model', ironically said to be a German
proposal, and the other a US 'mark-to-market' approach strongly backed by
the British. Under these two approaches, it is assumed that the risk of
default on a loan is higher if it is longer-dated, an assertion that has
been supported by several studies of historic data. The 'mark-to-market'
approach also takes into account the economic deterioration of the position
and not just final default. This Anglo model heavily penalises longer-term
loans. According to the Zentraler Kreditausschus (ZKA), a central banking
association which represents the interests of German commercial banks,
savings banks, regional state banks and co-operatives, long-term exposures
of seven years could require up to six times as much capital as one year
exposures - although one German banking official said a cap had now been
placed on maturities at five years, reducing this figure to 400%. "Capital
add-ons for long-term loans would therefore seriously affect the
international competitiveness of the German banking industry and result in
higher interest rates for borrowers that would not be justified by the risk
exposure," said the ZKA in a statement during the comment period.

But Germany stands virtually alone in its refusal to accept the US-led
maturity proposals. "The data analysed by the Committee clearly shows that
you have these upward-sloping curves for maturities. What kills a bank is
deterioration of value, and it has got to provide for a lot of things on the
books, so you can't wait for final default," said a Basel Committee member.
"But you can argue about the steepness, and that is a matter for debate."
The fact that Germany's other key allies in the wider SME debate - namely
Japan, Italy and Spain - are in favour of maturity adjustments, has prompted
a number of non-German regulators, albeit veiled behind the protection of
anonymity, to play down the importance of the maturity impasse to Basel II's
implementation. But such views fail to take into account the depth of
feeling that German banks, banking associations, the Bundesbank, parliament
and the general public have in protecting funding to the mittlestand. This
unusual level of pressure has left the German negotiators with very little
room for manoeuvre.

Gerhard Hofmann, director of banking supervision at the Deutsche Bundesbank,
was one of the few regulators prepared to speak publicly on the issue. He
said his hands were all but tied on the maturity debate, and confirmed that
the German side would be prepared to scupper Basel II's timetable should a
deal fail to be reached. "If this does not come to an end, then the European
effort will be postponed too. I have difficulties imagining that we would
introduce Basel II in Europe and not have a level playing field on a G-10
basis." While Hofmann said the matter was "very serious", he remained
confident that all sides could reach a solution.

Compromise
Risk was told by one European banking representative who claims to be
closely involved in the talks that a current compromise suggestion is to
halve the US mark-to-market maturity adjustments. This would mean the 600%
figure mentioned in the ZKA paper for a 'AAA'-rated, seven-year loan would
be reduced to 200%. But a US representative distanced himself from this
being a US proposal. "I would not describe the negotiating position that
way," he said. Asked if the US team would agree such a concession, he added,
"I couldn't say that we would, but it would depend on the whole package.
Fifty per cent on the mark-to-market adjustment seems an obvious point to
try and compromise on, but I'm not sure the US side would agree to that."

Hofmann was also cautious, saying "I would rather hesitate to comment on
that, but yes, it is a direction we are heading. This is a critical point
and I hesitate to comment in public because we are in the midst of this
rather difficult negotiating process and I really don't want to jeopardise
anything. It will be quite tough."  While almost every country that supports
maturity adjustments believes a 50% mark-down would be an acceptable
compromise, Germany may still hold out. Another German bank executive says
it may find a 50% mark-down unsatisfactory.

Another area of potential compromise is to allow banks with loan maturities
of less than three years to gain a downward capital allocation adjustment,
while banks with loans of more than three years would be capped at the
three-year level - as factored into the current proposed standardised credit
approach.

But German bankers appear set to resist even this level of compromise,
claiming that German internationally active banks (with average maturities
of 2.95 years) would be on an unfair playing field with other
internationally active banks, which have average maturities closer to the
two years. But German banking officials could not come up with hard data to
support the claims.

While maturity is the largest single SME-related issue for the Basel
Committee to resolve, there are a number of other matters that also need
clearing up, and, once again, the Germans are digging in their heels. For
example, the IRB credit risk-weighting curve proposed by the Committee on
November 5 fails to completely assuage concern about higher SME lending
charges. While Basel's current approach would mean that banks would have to
set aside significantly less capital against SMEs, which typically fall in
the 1% to 3% probability of default range, compared with CP2 proposals,
charges are still higher than under the present rules. For example, a bank
lending to an SME with a 2% probability of default would now have to set
aside 10.3% of the capital, compared with 15.4% under the January proposals.

Collateral mitigation could reduce this to 9.3%, and receivables mitigation
might further reduce the amount to 8.3%.

But Hofmann believes this risk-weighting curve does not go far enough. "When
you look at the curve, the typical probability of default range for an SME,
which is around 2%, still triggers a capital charge of above 10% - 2
percentage points above the current treatment," he says. This will translate
into the pricing of these loans. "How big will the interest rate effect be
on SMEs? According to our calculations it is still significant," Hofmann
says.

As a result, the Bank of Italy and the Deutsche Bundesbank drafted a
confidential joint paper, released October 19, which was submitted to the
Committee's working group on overall capital. The paper proposes that a
function based on the relationship between asset correlation and size should
be added to the IRB risk-weight curve methodology based on the relationship
between asset correlation and probability of default. The paper,
'Calibration of benchmark risk weights in the IRB approach to regulatory
capital requirements', contends that joint treatment of probability of
default and a firm-size effects on asset correlation could produce a risk
weighting function that addresses both procyclicality issues produced by the
new framework and concerns related to the treatment of lending to SMEs. The
Committee is now investigating the matter as part of an additional
quantitative impact study, QIS 2.5.

But many banks, including German financial institutions, are strongly
opposed to the introduction of additional parameters, such as number of
employees, assets and turnover functions into the risk-weighting curve. They
see a size function as an unnecessary complication. "Segmentation on the
grounds of turnover is unsatisfactory to us. Retail businesses and wholesale
businesses may have similar turnover, but the characteristics and the way
you would manage them in risk terms would be quite different," says Colin
Jennings, senior manager, non-retail related risk at Lloyds TSB, the UK's
third largest bank. "If that was imposed on us we would have to change our
systems considerably to do what we think would achieve no real benefit,"
adds Simon Baker, Lloyds TSB's head of risk policy, overseeing about ?6
billion in commercial portfolios (above ?2 million in turnover) and an equal
amount in small business portfolios, plus retail loans to its 16 million
retail customers base.

Further effects
Bankers are also opposed to another key aspect of Basel II that affects SME
lending. The Committee believes banks should put aside capital for expected
losses in addition to the current practice of making capital charges against
unexpected losses - credit risk. From a theoretical view of capital, such
requirements should be fulfilled by future margin income and not by
regulatory capital allocations. The Germans favour this 'pure' approach.

"Expected losses are covered by future margin income. We don't need any
double counting by using regulatory capital to cover expected losses," says
a German banker.

Although Basel has made some concessions in this area, saying it would scrap
expected loss provisions for retail loans - excluding mortgages - and allow
deductions from special and general loan loss reserves against expected
losses, the Committee's 'inelegant solution' has again run into German
opposition. "The German Ministry of Finance restricts the amount of
loan-loss reserves due to fears that banks would attempt to reduce their
income figures to avoid tax payments," says one German banker. "We fear that
this could lead to a severe international competitive disadvantage for
German banks because of tax regulations, so we are very much against
covering expected losses with regulatory capital."

A potential solution is to include expected losses under Pillar II of Basel
II, leaving it up to the discretion of national supervisors to ensure
expected losses are fully covered, while ensuring a level playing field
among nations. But some claim the Committee is unconvinced that expected
losses are fully accounted for by national regulators in specific product
areas or nations like Japan, and have pushed for specific Pillar I treatment
to alleviate their concerns. "The current envisioned compromise is that this
will not be done across the board. While it is not an elegant solution, it
addresses the most important substantive concerns the industry has raised
about the inclusion of expected loss," says a Basel Committee member.

The strong German opposition to so many SME-related treatments will make a
speedy resolution difficult, with much said to be hinging on sideline
discussions between the German and American contingents ahead of the Capital
Task Force and Basel Committee meetings, scheduled for December 6 and 7 in
New York, and the December 12 and 13 in Basel, respectively. With the timing
tight in terms of enshrining a European Directive in European Union and
European national legislation, the industry needs a major breakthrough based
on sound banking supervision practices, rather than an appeasement in
response to political sabre-rattling, which risks weighing down the entire
Basel II process.

ISDA and FpML.org to merge
Risk - December 2001
By Rob Dwyer

The International Swaps and Derivatives Association plans to integrate
FpML.org the not-for-profit company set up to develop Financial products
Markup Language (FpML) - into its organisational structure by the end of the
year. The merger of the two organisations is aimed at facilitating the
development of FpML by allowing FpML.orgs members to concentrate on
technical issues.

Mart Meinel, co-chair of FpML's standards committee and head of fixed-income
IT at UBS Warburg, says becoming part of ISDA will remove the burden of
administration from the technical team. We will be able to use ISDA
resources which will speed up the implementation of version 2.0 and the
development of version 3.0,' he says. 'The standards committee ended up
doing a lot of the administration work to run the FpML symposiums, and we
hope to leverage off ISDA conferences (for future symposiums)."

FpML based on the flexible extensible markup language' (XML), is designed to
create an industry standard for electronic trading. FpML 1.0, launched in
July 2000, covers interest rate swaps and forward rate agreements.  FpML is
presently working on version 2.0, which will include swaptions, caps,
floors, collars and straddles, as well as several other instruments, as well
as those covered in 1.0.  Implementation is slated for the end of December.
The committee is also planning to publish a draft of 3.0, which will extend
FpML coverage to foreign exchange and equity derivatives, by the end of this
year.

Meinel says FpML's integration with ISDA was part of the standards
committee's strategy from the organisation's inception. 'Since we have been
working on ISDA documentation then converting that into XML, our work has a
natural fit with ISDA," says Meinel, Operating from inside ISDA will help
the development of FpML be better aligned with the documentation of new
products as it comes along."

Strain
Robert Pickel, ISDA's chief executive officer, says the merger will allow
members of FpML to focus on technical development. But will it prove a
strain on often-stretched ISDA resources? We envision adding some extra
staff, and we project that we will be able to find the extra funding needed
through due-based revenues' says Pickel. "As a volunteer organization, it
was an issue for FpML members to find time aside from their day jobs. And
yet they have still managed to establish FpML as a brand that is the basis
for OTC derivatives transactions in the future," he adds.

FpML users welcomed the announcement.  Mark Brickell, chief executive
officer of online swaps trading platform Blackbird, and chairman of lSDA
between 1988 and 1992, says: "We actively encouraged ISDA to take on this
project.  Creating FpML is as important as the ISDA Master Swap Agreement,
because it will strengthen the framework for the swap negotiation."
Brickell says Blackbird was the first company to offer FpML confirmations to
its customers, and he believes ISDA will accelerate the adoption of 2.0 and
expand FpML further to cover more kinds of transactions more quickly.

Observers say the success of the project depends on recruiting. An official
at an FpML-affiliated company says: "ISDA hasn't had this level of
technology project before, so the key will he whether it hires someone with
the requisite level of technological expertise." ISDA officials say details
about FpML recruitment have yet to be finalised.

**End of ISDA Press Report for December 27, 2001**

THE ISDA PRESS REPORT IS PREPARED FOR THE LIMITED USE OF ISDA STAFF, ISDA'S
BOARD OF DIRECTORS AND SPECIFIED CONSULTANTS TO ISDA ONLY.  THIS PRESS
REPORT IS NOT FOR DISTRIBUTION (EITHER WITHIN OR WITHOUT AN ORGANIZATION),
AND ISDA IS NOT RESPONSIBLE FOR ANY USE TO WHICH THESE MATERIALS MAY BE PUT.

Scott Marra
Administrator for Policy and Media Relations
International Swaps and Derivatives Association
600 Fifth Avenue
Rockefeller Center - 27th floor
New York, NY 10020
Phone: (212) 332-2578
Fax: (212) 332-1212
Email: smarra@isda.org


CP ID  From     To
46430  Southern Illinois Power Co-Operative Southern Illinois Power
Cooperative


Mark,
 Come over to my house on Saturday afternoon (around 3:00).  We can
go over to Tahiti at the ZBT house for a short while (I don't know many of
the brothers anymore but I still like to go to Tahiti).  At 6:00 we can go
to the Barnstormer for supper.  You are just in time to help celebrate my
birthday.  Dick and Sandy Giese,  Dick and Lorna Valentine,  Pete and Lynn
Loomis (Director of Building and Grounds), and Perry and Dalene White (Music
Dept for Perry and Dalene works for Dick Valentine) will all be present.
This will be the third year we have gotten together (Pete and I both have
birthdays next week).  We will all get a little crazy together.   Looking
forward to seeing you.
     Doc

-----Original Message-----
From: Mark.Taylor@enron.com [mailto:Mark.Taylor@enron.com]
Sent: Tuesday, April 17, 2001 12:01 PM
To: RICHARDK@monm.edu
Subject: Trustees meeting

Doc -

I'll be in town through Sunday morning.  Any chance we can get together for
dinner Saturday eve.?

Mark


I have no questions.  Frazier,  Steve Veatch is over reporting so he should probably go instead of me anyway.

 -----Original Message-----
From: 	Patterson, Geneva
Sent:	Friday, February 15, 2002 10:09 AM
To:	King Jr., Frazier; Lokey, Teb
Subject:	RE: PAL Postings

Our conference rooms are already booked for the afternoon, and some of us have meetings at 9am, so it doesn't look like earlier is going to be an option.  Teb, if you have some specific questions/concerns, you can email those to me and I'll be sure to bring them up during the meeting and get back to you in the afternoon.  Will that be okay?

 -----Original Message-----
From: 	King Jr., Frazier
Sent:	Friday, February 15, 2002 9:56 AM
To:	Patterson, Geneva
Subject:	RE: PAL Postings

Geneva,

Teb is tied up in the morning.
Can we do it in the afternoon?

Frazier

 -----Original Message-----
From: 	Patterson, Geneva
Sent:	Friday, February 15, 2002 8:47 AM
To:	King Jr., Frazier
Subject:	RE: PAL Postings

Let's try Tuesday at 10:00 am.  I will set things up on this end and then contact you, Rachel and Teb with the phone number to dial into.

 -----Original Message-----
From: 	King Jr., Frazier
Sent:	Thursday, February 14, 2002 4:14 PM
To:	Heckerman, Bambi; Cady, Rachel; Lokey, Teb
Cc:	Patterson, Geneva; Willemyns, Laurie; Puetz, Fred
Subject:	RE: PAL Postings

Can we set up a phone conference sometime next Tuesday.
Rachel and I have some questions.
Is 10:00 am a good time?
If not, how about 2:00 pm?

 -----Original Message-----
From: 	Heckerman, Bambi
Sent:	Thursday, February 14, 2002 4:01 PM
To:	King Jr., Frazier; Cady, Rachel; Lokey, Teb
Cc:	Patterson, Geneva; Willemyns, Laurie; Puetz, Fred
Subject:	PAL Postings

FYI -  NBPL and MGT are going to proceed with implementing the PAL transactions posting under the Interruptible Agreements Informational Postings as indicated in Geneva Patterson's e-mail dated February 1 and are targeting April 1 as the first day.

Thanks,

Bambi


Kate, can you please correct the fee for del 562195.01,  to .0275

THanks
Sp


At Tuesday's Steering Committee we discussed the scheduled September offsite.  Rick and I subsequently met to further clarify purpose, which includes:
	- increasing Global Accounting leadership's clarity of direction
	- addressing specific issues
	- networking
	- other agenda items to be determined by you as applicable
In addition, I gathered the headcount statistics by area as listed in the HR datamart and as "scrubbed" by Todd Migliore and me to the best of our knowledge of your areas.  Todd and/or I will verify the counts with each of you or someone who can represent you.  Here are the Global Accounting numbers, pre-verification, and with 80-90% accuracy:

				EVP/
				MD	VP	SD	  D	Total
	Butts			1	  1	  2	 10	  14
	Faldyn			0	  1	  1	   5	    7
	Hermann		1	  7	25	 24	  57
	Sommer		0	  1	  2	 15	  18
	Wasaff			1	  0	  4	   8	  13
	Colwell			1	  9	10	 18	  38
	Lord			0	  2	  6	   9	  17
	Hughes			0	  3	  0	 10	  13
	Hayslett		0	  1	  0	   6	    7
	Beck			1	  5	  5	   7	  18
	Dyson			1	  2	  2	   7	  12
	Lindholm		1	  0	  1	   2	    4
	Causey/Becker/other	1	  1	  0	   0	    2

	Total			8	33	58	121	219

Based on the purpose and the numbers, we suggest that senior directors and above be invited to the offsite, with exceptions made for a few directors as necessary.  I think this will allow us to accomplish the purpose as outlined by Rick above.  Please send me any comments on this proposal ASAP.  I will be contacting you to get your further thoughts on the offsite.

PS - I am investigating how to "tag" in the system anyone who is considered by you to be part of Global Accounting so that this will not be such a manual effort in the future.  (Several of you have people who report to you who are NOT considered part of Global Accounting).


"Plan B"
As folks know, there's a group of moderate Democrats in the CA Assembly that
has been working on a "Plan B."
They've been working on it because they're not satisfied with the Governor's
MOU with Edison.
The Plan B group has been talking to a broad array of stakeholders, including
Republicans, to get input into how "Plan B" can improve upon the MOU.
First the good news about Plan B:  a fairly bright group of legislators is
rolling up its sleeves and attempting to come up with a centrist solution to
the problem, and they're at least creating the appearance of trying to be
bi-partison about it.  (There is at least one idea in Plan B that is
attributable to a Republican--Keith Richman--that Ken Lay met with a couple
of weeks ago.) So the beginnings of a process to resolve California's crisis
may be emerging.
Now the bad news:  because they are trying to build a consensus, Plan B is a
mish-mash, isn't focused, includes some pretty bad ideas, excludes some good
ideas (like re-establishing Direct Access immediately), and is going to
require a lot more work to get right.
Update on Efforts to Achieve a Settlement
In the meeting with the suppliers that Steve Kean and I participated in
yesterday, one of the financial consultants hired by the Governor criticized
several of the Plan B proposals as unworkable.
On today's call with the Governor's staff and suppliers it became somewhat
apparent that the Governor isn't going drive a resolution, but will leave it
to the Legislature to take the lead role.
The staff emphasized repeatedly that the lawsuits, investigations, etc. were
not on the table for discussion in any global settlement talks, and that
attempting to bring them in to the negotiations was a nonstarter.
Instead, the Governor's staff said that the group should focus on the size of
the discount that suppliers would be willing to take.
The suppliers pushed back, stating that including haircuts in the talks while
excluding the lawsuits, investigations, etc. is one-sided and unworkable.
The staff urged the group to begin negotiations with the Legislature, but
made it fairly clear that the Governor would not be the one to pull the
necessary principals together in a room to hammer out a solution; his staff
implied instead that it's up to others, i.e., the suppliers, to get the
process of negotiations underway.
Next Steps
If the Governor's financial consultants are prepared by Friday, they will
brief suppliers on the ways in which the administration is attempting to
resolve the State's creditworthiness issue to encourage suppliers to do power
deals with CDWR.  It they are not ready by Friday, the suppliers will meet
separately to discuss next steps.
Finally, there's been some confusion.  My apologies.
Sandi faxed to Jim and Harry yesterday a copy of "Plan B."  Sandi mentioned
that the Governor gave the Plan B group an analysis of the Plan.  For those
that have a copy of Plan B, see the 10-page memo dated May 12th, attached to
the back of the Plan.  The memo is from Joe Fichera to John Dutra, Fred
Keeley and Joe Nation (3 of the Plan B Democratic legislators).  Joe Fichera
is the head of Saber Partners, a financial consulting group that the Governor
hired to advise him on the crisis.
If anyone has not yet received a copy of Plan B, please let me know and I'll
get it to you.

Best,
Jeff


Remember our discussion yesterday?

Jens
---------------------- Forwarded by Jens Gobel/EU/Enron on 26/01/2001 19:18
---------------------------

	Enron North America Corp.

	From:  Alex Heath @ ECT                           26/01/2001 12:30

To: Enron Metal & Commodity - UK traders, Enron Metal &Commodity - Global
Traders, Enron Metals Global a/es, Enron Metals lme Dealers, Enron Metals
London A/E's, Enron Metals ORIGINATION TEAM, ENRON METALS SCRAP GROUP, ENRON
ONLINE MKTG
cc:

Subject: ENRON METALS WEEKLY REVIEW

      Enron Metals Weekly Review

Good evening ...one and all . It hardly seems possible that  we are another
week on  already such has been the pace of activity here . The  ebb and flow
in the Ali  market both in the spreads and outright price have kept  our
valiant dealers on their toes  as  seemingly the whole market  vies to  avail
itself of our  pricing and liquidity services on-line ! .   Daily volumes
have  continued to grow with  over 800  separate transactions being seen
today! .  In fact volumes have risen by approximately  56% since December
from a daily average  of 357 to a daily average of 557  for January .At the
same time the regular Non-EOL transaction count has decreased from about 1800
trades a day to 1586 trades  since December.    Your efforts at getting  the
registered customers who had not  completed an on line trade are beginning
to  pay dividends  finally - but the migration remains painfully slow . Keep
plugging away

 The graph  above illustrates the growth of our  average daily online
transaction volumes  in relation to our regular transaction volume on a
monthly basis  from July of 99 to date .

This week's daily  transaction volume  is another  record and   but for the
blip on Monday  which put down to the  Mother's day in Africa  holiday  would
have been sensational .

We have asked for your response to several queries over the past three weeks
and have received little or no  reaction.  Consequently we shall ask again.

Currently at the top of the list:  if  each of you could create a list of
Metals Conferences you believe would be beneficial for Enron metals to
attend, speak at and/ or have metals or EnronOnline presence, it would be
greatly appreciated. This is a multi faceted sales and marketing tool for
your benefit  .  Aside from the overall goal of creating a unified metals
marketing plan, we are also trying to prepare a budget to assure that proper
attention and funds are given Enron metals Global exposure in 2001 .
Therefore, if we do not receive your recommendations  well in  advance we
will not be in a position to sponsor them . We have created a conference
listing which will be circulated next week . Please add to it  if we have
missed any off . and mark onto our list those you think should have  our
attention .

For those of you that missed it last week, we have attached another copy of
the Account Application Form.  The completion of this form for BOTH
traditional and online customers will speed your client's access to trading
with Enron Metals.

The lack of contributions for this review  from  any of you is  rather
disappointing . We will continue to offer you  items that you may find of use
. However the purpose of this  review is also  to incorporate content  from
around the network of our  global field offices.    I know you are all very
busy  making money for the cause . This  medium is  a useful platform to get
your message over .

For those of you not on the circulation lists  see the attached reports

       The Metals Crammer report

       The daily Options report

 Whilst not exactly a feature  we thought it might be  a useful exercise in
client relationship damage  limitation  to explain   what happens when a
customer finds he cannot trade  on line .This has begun to occur more
regularly as our volumes and activity increase.

 Customers are allocated  a credit line for EOL within the system based upon
their  agreements.  This limit   is set daily   as a  default against the
clients name . basis the AS400 's  net valuation of the client's position  .
The amount of available  variation  credit  on the client's account  on EOL
is  set as his  limit f or the next days trading . If the client should
trigger this limit  during the next day's trading  the system will reject the
trade and lock out the customer . Not very user friendly   as the customer is
not told why .  London credit (Hamish's team) get a red flag , as of course
do the traders running the stack managers as they see the trade rejected.
The problem now becomes one of frustration for the customer as the system
will not allow him to liquidate his position either in part or whole .He will
have to pick the phone to do this . Secondly the resetting of any limit in
the system takes 48hrs .  This  is being  worked on but  we must remember
that Metals are the only futures products on the system and the other OTC
products on the system  are dealt with differently .  It also serves to
highlight that  clients with small credit lines in the 1 to 200,000 dollar
range are not really suited to use EOL . Security  such as g/tees and cash
are taken into account but can be missed  ,but forward profits are as it is
net availability that is  used on the AS400.   This will all improve with the
introduction of  a new bridge  between the Enron  risk system and the AS400
in the very near future .

 In the meantime  it will be up to you to  keep the peace and explain to your
clients .  Get them to keep within their limits . Call them quickly when they
get locked out.

Remember, we are here to help your efforts and help create positive
communication lines between our offices world-wide.  So, send us your
thoughts, questions, concerns, local area market news  etc.  We will look
forward to hearing from you.

Cheers,

Alex and Molly

Alex Heath     Molly Hellerman
alex.heath@enron.com    molly.hellerman@enron.com
+44 207 783 2071    +44 207 783 5198


There was something wrong with my last email.  Please check this site.  and
think of me.  I think it bears a striking resemblance to me, don't you?


Hi Folks,

This is getting murkier by the minute.  Coach Jim Haslett was pumping up the
team with the "it's just one player" talk following the loss of Ricky
Williams and indicated New Orleans would likely not go outside for RB help.
Former Ram Jerald Moore and rookie Chad Morton were slated to carry the
load.  But they did go out and sign Terry Allen Tuesday.  I'm not sure
whether this indicates a lack of confidence in Moore / Morton.  It could be
they thought Allen was a bargain and it certainly can't hurt to have him for
insurance.

As far as the RB distribution goes, I'm kind of leaning toward Moore seeing
a good bit of work with Morton seeing more 3rd down type duties.  Sort of
like the Patriots are doing with JR Redmond and Kevin Faulk.  Honestly, it's
tough to call right now and the Saints understandably are being tight lipped
about their plans.

Here's the story from USA Today.  Thanks to our friend Leo Scanlon for
pointing me to it.

Joe

http://www.usatoday.com/sports/nfl/news.htm#saints NEW ORLEANS - Saints
running back Ricky Williams will have surgery Wednesday on the broken left
ankle that ended his regular season. Williams, hurt Sunday against Carolina
on a run that gave him exactly 1,000 yards for the year, is expected to need
6-to-8 weeks of rehabilitation. New Orleans signed former Pro Bowl running
back Terry Allen for the rest of the season on Tuesday. The team waived wide
receiver Charlie Jones to make room on the active roster. Allen started for
New England last season, leading the team in rushing with 896 yards and
eight touchdowns, but wasn't re-signed by the Patriots. Allen was selected
for the 1996 Pro Bowl while with the Washington Redskins and ranks fifth
among active players with 7,777 yards rushing.

To unsubscribe from this group, send an email to:
cheatsheets-unsubscribe@egroups.com


This is actually deal #471975, which I just fixed because Jeff forgot to put
the broker name in there. It is with Prebon.

Thanks,
Kate

Evelyn Metoyer@ENRON
12/04/2000 10:18 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Missing deal for Jeff Richter for Dec.1

JEff Richter
Prebon sent over a statement where:
Enron buys from EES 12/5-12/30 25 mw of SP-15 at $114.95


did you draft a demand letter?

 -----Original Message-----
From: 	Dickson, Stacy E.
Sent:	Friday, August 17, 2001 10:11 AM
To:	Sanders, Richard B.
Subject:	FW: Franklin Adkins

Richard,
Here is more info on the appalachian producer problem.  Do you want to meet sometime today to work through the situation?

Stacy

 -----Original Message-----
From: 	Singer, John
Sent:	Friday, August 17, 2001 6:32 AM
To:	Stacy E Dickson/HOU/ECT@ENRON
Cc:	Ferries, Nelson
Subject:	Franklin Adkins

Stacy,

We deducted the difference between Index and his fixed price hedge from hs last check.  He removed his meters 2 months prior to the expiration of his fixed price hedge.  He says he did not have a valid contract with ENA.  He was sent a Confirmation at the time of the deal.  He did not contact me about not having a contract until the prices were above his fixed price deal pricing.  Dan Hyvl agreed that the deduction should be made from the final payment to Adkins.  Dan should have all the info.

 I am on my way back from vacation today.  Call me on my cell phone @ 330-284-3871.

Here are:  1. a copy of the Confirmation and 2. the worksheet used to make the deductions.

 << File: Adkins Confirmation.doc >>      << File: F Adkins Final Payment.xls >>

P.S.  He pulled the same stunt with Jim Javins  - EES, prior to moving his meters to CES.
John


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---------------------- Forwarded by Scott Neal/HOU/ECT on 03/07/2001 05:11 PM
---------------------------

"Phi Delta Theta Texas Gamma" <texas_gamma@hotmail.com> on 03/06/2001
11:48:14 PM
To:
cc: hhardy3953@aol.com, dkhutchins@att.net, nunley@heronet.ne.jp,
crote@vaultnet.com, bshaw@bancleasing.com, JY@HAWAIIAN-FLOWERS.COM,
barker@icsi.net, greg@infohwy.com, conder@calhounstacy.com,
rbhardaway@phase-ii.com, rickochet@gte.net, randy.martin@nationsbank.com,
dan@caeplus.com, pvalamides@esc11.net, budwelborn@austin.rr.com,
beitter@branddevelopment.com, dpmmm@texas.net, sneal@enron.com,
bq175@aol.com, bubbatram1@aol.com, 103357.110@compuserve.com,
dbackus@tasnet.org, kdb@pdq.net, david.fisher@ourclub.com,
mmiddleton@mailbox.sw.org, wfpratt@worldnet.att.net, moverofmt@aol.com,
rs5785@aol.com, wallum@pacbell.net, bwinters@primeprinting.com,
sllecher@msn.com, jde@librozal.com, frankpmd@juno.com, ballen@trail.com,
dboobar@texcperts.com, cooperscloset@msn.com, PDT87@AOL.COM,
kfedosky@aol.com, gdm521@mindsring.com, neavx2@ix.netcom.com,
mpatronella@williamsbailey.com, sbailey@txlutheran.edu, medgar@jump.net,
bjordan@wt.sci, absocold@absocold.com, aperches@juno.com,
sbavone@interacces.com, blackwog@musc.edu, roland.brand@sap.com,
cele3@aol.com
Subject: Texas Gamma Alumni

Dear Alumni,
This is the first of many emails that will hopefully bring together the
actives and Alumni.  This directory list was created to benefit Alumni with
knowledge of semester activities.  Please respond to this if there needs to
be a correction in email address or otherwise.
Thanks,
Michael Nasra
Alumni Secretary
_________________________________________________________________
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