TODAY'S HEADLINES
The New York Times on the Web
Friday, January 25, 2002
------------------------------------------------------------
For news updated throughout the day, visit www.nytimes.com

QUOTE OF THE DAY
=========================
"Too many elements of the system are not trustworthy today.
They have failed us because of self-dealing and
self-interest."
-ARTHUR LEVITT JR., former chairman of the Securities   and Exchange Commission,
at a   Senate hearing on Enron.

http://www.nytimes.com/2002/01/25/business/25ENRO.html?todaysheadlines

NATIONAL
=========================
American Charged as a Terrorist Makes First Court Appearance

John Walker Lindh on Thursday began his defense against
charges that he aided terrorist organizations and conspired
to kill Americans.
http://www.nytimes.com/2002/01/25/national/25WALK.html?todaysheadlines

-----

School Bus Driver Arrested After a 150-Mile Detour

A school bus driver took 13 children on an unexplained
six-hour, 150-mile ride from Oley, Pa., to Maryland, where
he was found armed.
http://www.nytimes.com/2002/01/25/national/25SCHO.html?todaysheadlines

-----

Appeals Court Denies Convict DNA Test in a '90 Rape Case

A federal appeals court in Virginia has refused   to allow a
man who was convicted of sex crimes to have DNA tests he
contends would exonerate him.
http://www.nytimes.com/2002/01/25/national/25DNA.html?todaysheadlines

-----

MORE NATIONAL NEWS:
http://www.nytimes.com/pages/national/index.html?todaysheadline

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INTERNATIONAL
=========================
Police in Chechnya Accuse Russia's Troops of Murder

Russian troops are killing Chechen civilians in a campaign
of executions and looting that takes place alongside
military operations, according to police officials.
http://www.nytimes.com/2002/01/25/international/europe/25CHEC.html?todaysheadlines

-----

India Test-Fires Intermediate-Range Missile

India successfully test-fired an intermediate-range missile
capable of carrying a nuclear warhead on Friday morning.
http://www.nytimes.com/2002/01/25/international/asia/25INDI.html?todaysheadlines

-----

U.S. Forces Strike Taliban at Camps Near Kandahar

In the most intense fighting of recent weeks   in
Afghanistan, American troops killed as many as 15 Taliban
fighters in a predawn raid on Thursday.
http://www.nytimes.com/2002/01/25/international/asia/25MILI.html?todaysheadlines

-----

MORE INTERNATIONAL NEWS:
http://www.nytimes.com/pages/world/index.html?todaysheadline

BUSINESS
=========================
Enron Hearings Open, Focusing on Destroyed Papers

Lawmakers on Thursday said evidence showed that Enron's
auditors destroyed documents knowing they might be relevant
to criminal and civil investigations.
http://www.nytimes.com/2002/01/25/business/25ENRO.html?todaysheadlines

-----

Investors Lured to Enron Deals by Inside Data

Enron executives enticed investors into partnerships by
dangling the prospect that inside knowledge could help them
double their money.
http://www.nytimes.com/2002/01/25/business/25PART.html?todaysheadlines

-----

Many May Be Surprised to Be Enron Investors

Many individual investors unwittingly owned a piece of an
entity that was used to finance some of the partnerships
that contributed to Enron's failure.
http://www.nytimes.com/2002/01/25/business/25OSPR.html?todaysheadlines

-----

MORE BUSINESS NEWS:
http://www.nytimes.com/pages/business/index.html?todaysheadline

TECHNOLOGY
=========================
Nokia's Earnings Surpass Expectations

Nokia, the world's biggest maker of mobile   phones,
reported earnings that exceeded its own projections and
those of analysts.
http://www.nytimes.com/2002/01/25/technology/ebusiness/25NOKI.html?todaysheadlines

-----

Datek Pays $6.3 Million to Settle Securities Charges

Datek Online Holdings has agreed to pay $6.3 million to
settle federal charges that its former day trading unit
engaged in securities fraud.
http://www.nytimes.com/2002/01/25/technology/25BROK.html?todaysheadlines

-----

EMC's Loss in 4th Quarter Was Not as Deep as Feared

EMC, the data storage company that became a widely held
technology bellwether during the 1990's, projected a return
to profitability as early as this spring.
http://www.nytimes.com/2002/01/25/technology/25DATA.html?todaysheadlines

-----

MORE TECHNOLOGY NEWS:
http://www.nytimes.com/pages/technology/index.html?todaysheadline

POLITICS
=========================
Enron Hearings Open, Focusing on Destroyed Papers

Lawmakers on Thursday said evidence showed that Enron's
auditors destroyed documents knowing they might be relevant
to criminal and civil investigations.
http://www.nytimes.com/2002/01/25/business/25ENRO.html?todaysheadlines

-----

House Vote Is Set on Campaign Bill

The advocates of overhauling the nation's   campaign finance
law gained enough support to force a House vote on
legislation.
http://www.nytimes.com/2002/01/25/politics/25CAMP.html?todaysheadlines

-----

Domestic Security Spending to Double Under Bush Plan

President Bush said he would propose doubling the amount the
government spends on domestic security next year to nearly
$38 billion.
http://www.nytimes.com/2002/01/25/politics/25BUSH.html?todaysheadlines

-----

MORE POLITICS NEWS:
http://www.nytimes.com/pages/politics/index.html?todaysheadline

SPORTS
=========================
Chaney's Fury Sparks Knicks' Rally

With Allan Houston leading the way and the rest of the team
hustling on defense, the Knicks rallied for a win over
Phoenix.
http://www.nytimes.com/2002/01/25/sports/basketball/25KNIC.html?todaysheadlines

-----

11th Grader's Swing in Recess as Member of Tour

Ty Tryon looked like a nervous teenager, which is exactly
what he was as he shot a six-over-par 77, 13 strokes behind
clubhouse leader Steve Flesch.
http://www.nytimes.com/2002/01/25/sports/golf/25GOLF.html?todaysheadlines

-----

Hingis and Capriati Ready for Rematch

Jennifer Capriati will defend her title as she meets Martina
Hingis in the Australian Open women's final.
http://www.nytimes.com/2002/01/25/sports/tennis/25TENN.html?todaysheadlines

-----

MORE SPORTS NEWS:
http://www.nytimes.com/pages/sports/index.html?todaysheadline

ARTS
=========================
In Remembrance of Sorrow From Other Times

In the debate over the remembrance of Sept. 11, it's worth
pondering how other memorials in New  York have conveyed
their message across the  generations.
http://www.nytimes.com/2002/01/25/arts/design/25MEMO.html?todaysheadlines

-----

For Musicals, Big and Brassy Gives Way to Small and
Affordable

An important question facing producers of emerging musicals:
How  big a show should this be?
http://www.nytimes.com/2002/01/25/arts/25WEBE.html?todaysheadlines

-----

And Swashes Buckled All Around

This thoroughly competent adaptation of Alexandre Dumas's
tale of treachery and vengeance will remind jaded viewers
of the sumptuous delight the movies can offer.
http://www.nytimes.com/2002/01/25/movies/25COUN.html?todaysheadlines

-----

MORE ARTS NEWS:
http://www.nytimes.com/pages/arts/index.html?todaysheadline

NY REGION
=========================
Hoping for Calm, Preparing for Strife at Economic Talks

As demonstrators and police both prepare for the World
Economic Forum, neither knows what to expect when it
arrives in New York.
http://www.nytimes.com/2002/01/25/nyregion/25SECU.html?todaysheadlines

-----

Layoffs Start in New Jersey as Towns Brace for Cuts

About 600 New Jersey state employees ended their day
Wednesday with brusque notices saying they were laid off.
http://www.nytimes.com/2002/01/25/nyregion/25JERS.html?todaysheadlines

-----

Minority Students in Bronx Face the Prospect of Busing

A plan to prevent white flight from public schools in
Riverdale is leading toward the unexpected busing of black
and Hispanic students.
http://www.nytimes.com/2002/01/25/education/25DIST.html?todaysheadlines

-----

MORE NY REGION NEWS:
http://www.nytimes.com/pages/nyregion/index.html?todaysheadline

OP-ED
=========================
Spreading It Around
By PAUL KRUGMAN
Conservatives are slinging Enron muck at liberals, hoping
that some of it will stick.
http://www.nytimes.com/2002/01/25/opinion/25KRUG.html?todaysheadlines

-----

Our Man in Beijing
By NICHOLAS D. KRISTOF
The attacks of 9/11 created an opportunity for improved
Chinese-American relations, but so far the United States
has squandered this opportunity.
http://www.nytimes.com/2002/01/25/opinion/25KRIS.html?todaysheadlines

-----

Playing Into Sharon's Hands
By ROBERT MALLEY
United States passivity in the Middle East is an almost
certain recipe for catastrophe.
http://www.nytimes.com/2002/01/25/opinion/25MALL.html?todaysheadlines

-----

MORE OP-ED  NEWS:
http://www.nytimes.com/pages/opinion/index.html?todaysheadline

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So, how are you feeling today?  It was ROUGH waking up at 5am this morning!


Ben,

Can we get the answers to these also.

Thanks,
James

-----Original Message-----
From: Iaconetti, Louis
Sent: Friday, September 22, 2000 8:59 AM
To: Al-Farisi, Omar; Modi, Rishi; Heckler, James
Subject: Fw: a few more questions

Some additional questions.

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

-----Original Message-----
From: Favinger, Thomas <thomas.favinger@neg.pge.com>
To: 'louis.iaconetti@csfb.com' <louis.iaconetti@csfb.com>
Sent: Fri Sep 22 08:41:28 2000
Subject: a few more questions

1) do the capital cost of linears (gas, transmission and system upgrades)
include tax gross ups relating thereto?

2) Is the cost of backup power (for startup and station service) included in
the variable O&M estimate, or is it included in one of the fixed charges.
Please tell us where it is and how much it is expected to be annually?

Thanks.

Thomas G. Favinger
PG&E National Energy Group
7500 Old Georgetown Road
Bethesda, Maryland 20814-6161
Ph 301-280-6231
Fx 301-280-6911

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

This message is for the named person's use only.  It may contain
confidential, proprietary or legally privileged information.  No
confidentiality or privilege is waived or lost by any mistransmission.
If you receive this message in error, please immediately delete it and all
copies of it from your system, destroy any hard copies of it and notify the
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the right to monitor all e-mail communications through its networks.  Any
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Unless otherwise stated, any pricing information given in this message is
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Any reference to the terms of executed transactions should be treated as
preliminary only and subject to our formal written confirmation.


Dick:

Sorry that I didn't have a chance to call you again today.  After reviewing
the appendix (Board resolution summary), I would like to request an opinion
from EWEB's bond counsel that swap/other transaction payments are payable
from the Operating Fund (together and in parity with other operating costs)
and precede EWEB's debt service payments.

Also, can you please describe EWEB's Master Resolution (relevant to long term
bonded indebtedness) as this is to be referenced in Larry Cable's legal
opinion.

I will be back in the office on Tuesday, Jan. 2.  Have a happy new year.

Thanks.  Sara


- baseball.gif


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/31/2001
10:25 AM ---------------------------

LawrenceLRTNMT@aol.com on 03/28/2001 09:03:08 AM
To: vkamins@enron.com
cc:
Subject: Additional analysis using new distribution

Please see attachments.

 - kaminski_let_02.ZIP


Attached, please find the latest versions of SBX 6 and SBX 33, including
their respective analysis'.  Both bills could be heard on the Senate
floor today.

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_6_bill_20010215_amended_
sen.pdf

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_6_cfa_20010216_103526_se
n_floor.html

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_33_bill_20010215_amended
_sen.pdf

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_33_cfa_20010216_102714_s
en_floor.html


---------------------- Forwarded by Randall L Gay/HOU/ECT on 07/26/2000 01:15
PM ---------------------------

ANITAREED@aol.com on 07/25/2000 05:02:19 PM
To: Randall.L.Gay@enron.com, pooky@pipeline.com, Walkrboys3@aol.com
cc:
Subject: New Article, Please Comment

Hi Kathleen, Randy and Chris,

I've made some headway this afternoon.  Juanita gave me info on Alma Roeshot
so a short article can be inserted.  Joh Scott gave me info on the upcoming
water board and I'd like to include that article, with your okay, Kathleen.

Still don't know who lives at 509 Narcissus, but Juanita explained all that
was involved!

Looking forward to a quick response!

Thanks,
'Nita

 - WATERB~1.DOC


Lorraine, here is the new language for the discount letter.  You might want
to compare the other language in the agreement to that of the existing one to
make sure I got the right version (or I'll do it on Monday).  Let me know if
you have questions.  I just ran it by Drew and he is OK with it.


Jeff and Jim:

Here is a potential book on the California crisis and lessons learned.  The
Independent Institute has a good track record with publishing and promoting
books and would like Enron to be on the sponsors list to review and support.

If you are interested in this project, you can make contact with David and
handle from here.  If you want me to handle with a potential contribution in
the works, I can do that.

- Rob

----- Forwarded by Rob Bradley/Corp/Enron on 01/26/2001 02:33 PM -----

	David Theroux <DTheroux@independent.org>
	01/17/2001 02:16 AM

		 To: Rob.Bradley@enron.com
		 cc:
		 Subject: Electric power deregulation

Dear Rob,

Thank you for your note.

We do indeed have a number of excellent economists to do a piece along the
lines that you are suggesting, as well as a separate, longer, more
comprehensive book.

We also do have a number of contributors who believe that a full book project
would be very timely because this issue is not going to be resolved with then
immediate future.? In fact, with Gray Davis proposal and the Democrat
stranglehold on the legislature in California, the chances are very likely
that if anything, the policies that will be adopted will only make things a
lot worse, especially for the prospects for real deregulation.

Hence, if you would be interested in reviewing such a project, please let me
know.? As we have done in the past, a project of this timely nature could be
streamlined for publication under our own imprint, with our own national
distributor involved.

Best regards,

David

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

David:

We gave Reason a general contribution due to their work on privatization
given our water subsidiary that was interested in this area.? Their great
electricity work was entirely their own w/o much Enron input.? We are now
following it closely and having conference calls on the issues.

Books are too late usually but maybe you have a streamlined process.? If you
sign up a Robert Michaels to write a whole book on the crisis, we should
contribute something to the effort (how much I do not know).? Do you
have a pool of potential contributors who think a book would be timely enough?

- Rob

Robert L. Bradley Jr.
Director, Public Policy Analysis
Enron Corp.
P.O Box 1188, Room 4724a
[1400 Smith Street 77002]
Houston, Texas 77251-1188

(P) 713-853-3062
(F) 713-646-4702

Assistant: Joan Stransky 713-853-7431
jstrans@enron.com

??????????????????????????????????????????????????????????????????????????????
??????????????
??????????????????? David
Theroux???????????????????????????????????????????????????????????
??????????????????? <DTheroux@indepe??????? To:???? Rob.Bradley@enron.com
(Rob Bradley)?????
??????????????????? ndent.org>?????????????
cc:?????????????????????????????????????????????
??????????????????????????????????????????? Subject:???? Electric power
deregulation????????
??????????????????? 01/15/2001
12:30????????????????????????????????????????????????????????
???????????????????
PM??????????????????????????????????????????????????????????????????????
??????????????????????????????????????????????????????????????????????????????
???????????
??????????????????????????????????????????????????????????????????????????????
??????????????

Dear Rob,

A couple years ago, you may recall my indicating our interest in
pursuing a major book project on electric power regulation and
deregulation.? (I had organized and directed a similar project back
in the early 1980s that had produced the book, ELECTRIC POWER, edited
by John Morehouse.)

Since we speaking with you, we tried to pursue a new, in-depth
project with various funding sources who all claimed that the issue
was not an important or priority one to them.? As a result, little if
any solid work has been produced on this subject, and the momentum
has all been on the side of the re-regulators.

I am delighted that you recently funded the new Reason study on this
subject (and perhaps the forthcoming Cato study as well?).? However,
we believe that a comprehensive analysis is well overdue and in fact
is a must if we are to achieve the high ground on this vital issue.

As a result, would you be interested in discussing such a project with us?

Best regards,

David
--
David J. Theroux
Founder and President
The Independent Institute
100 Swan Way
Oakland, CA 94621-1428
510-632-1366 Phone
510-568-6040 Fax
DTheroux@independent.org
http://www.independent.org


Ben Jacoby 713-853-6173

	Kje451@aol.com
	02/28/2001 03:29 PM

		 To: richard.b.sanders@enron.com
		 cc:
		 Subject: LM 6000's

Richard
Do you have a name in Enron that would know if Enron has spare LM 6000's.
Jim


Beth

Please respond with a plan to solve these problems.

Thanks John
---------------------- Forwarded by John J Lavorato/Corp/Enron on 07/06/2000
07:42 PM ---------------------------

	From:  Kevin M Presto @ ECT                           07/05/2000 07:39 PM

To: John Lavorato
cc: David W Delainey/HOU/ECT@ECT, Kristin Albrecht/HOU/ECT@ECT, Beth
Perlman/HOU/ECT@ECT

Subject: Power Port Calc Issues

Guys,
This Enpower calc issue is a joke.   How can we be the most Innovative
Company in the world and cannot fix a risk book calculation problem.
Furthermore, how can we effectively grow our volumes and complexity of our
power transactions when our back office (risk books, position management,
settlements) is so unreliable from an IT standpoint.

In addition, we will start losing all of our key people in this area because
they are here until 8:30-9:00 every night and 4:00 pm on "holidays".  This
whole issue is a significant business risk for Enron and needs to be dealt
with accordingly.

Please advise.  Thank you.
---------------------- Forwarded by Kevin M Presto/HOU/ECT on 07/05/2000
07:27 PM ---------------------------

	Enron North America Corp.

	From:  Kristin Albrecht                           07/05/2000 11:30 AM

To: Beth Perlman/HOU/ECT@ECT, Randy Matson/Corp/Enron@ENRON, Jarod
Jenson/HOU/ECT@ECT, Christine Nguyen/HOU/ECT@ECT, Zhiyong Wei/HOU/ECT@ECT,
Ravi Ramachandran/HOU/ECT@ECT, Stacey W White/HOU/ECT@ECT, Jenny
Latham/HOU/ECT@ECT, Jenny Rub/GPGFIN/Enron@Enron
cc: Sally Beck/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Tim
Belden/HOU/ECT@ECT
Subject: Power Port Calc Issues

The Power risk group continues to experience severe instability with the
power port calc.  The same memory allocation issue which I discussed in the
message below is not resolved (we have had this problem for about four months
now).  Due to business reasons, we calculated the east power books on Monday
(Enron holiday).  We received all of the required data to calc by 9:30 AM and
should have been completely done by 11:30.  However, the calc crashed six
times and finally completed on the seventh try.  We were able to leave by
4:00.  The point I am trying to make is that I feel that we are at such a
state that there is risk that we could not provide positions to the traders
by the start of the next business day.  This could have a financial impact on
our company.  Once again, I am urgently and desperately asking for resolution
of this problem.
Furthermore, it came to my attention on Friday that EES is now using EnPower
and the power port calc and they too are using the same server that we are.
I question this decision since we cannot seem to support the existing
business that is using that server.  Per discussion with Kevin Presto, the
agreement made regarding EES's use of EnPower was there would be no expense
or degradation to ENA's business process.  I think they need to move to
another server.
Please call to discuss when this will be resolved.  Thank You.
Kristin Albrecht
3-4763

---------------------- Forwarded by Kristin Albrecht/HOU/ECT on 07/05/2000
09:35 AM ---------------------------

	Enron North America Corp.

	From:  Kristin Albrecht                           05/15/2000 09:48 AM

To: Beth Perlman/HOU/ECT@ECT, Randy Matson/Corp/Enron@ENRON, Jarod
Jenson/HOU/ECT@ECT, Christine Nguyen/HOU/ECT@ECT, Zhiyong Wei/HOU/ECT@ECT,
Ravi Ramachandran/HOU/ECT@ECT, Stacey W White/HOU/ECT@ECT, Jenny
Latham/HOU/ECT@ECT
cc:
Subject: athena vs quark

With regards to the message below, we must have athena (server) to run our
nightly risk books for the power group.  We run one of our three east power
calcs on this machine (the second largest one).  Since an acceptable solution
for the big power calc has not been provided to us, athena CANNOT be taken
away from us.  The east power calc crashed 3 out of 5 days last week.  We
usually start calcing at about 4:00.  The calc time is now running at 1.5
hours and we have about 1.5 hours' worth of work after the calc's successful
completion.  So you do the math on what time my group leaves the building
when the calc crashes at 4:30.
Furthermore, the West power calc has crashed 3 out of 5 nights weekly for the
last 3 weeks.  This is not acceptable.
We are about to enter the busiest and most volatile time of the year and our
system is not stable.  I feel like we have been very patient at the expense
of many late nights.  I am going to speak to Kevin Presto and Tim Belden
today about these problems.
I think we need to meet immediately about this problem and I am exhausted
with the finger pointing between different IT groups.
Thanks.
Kristin Albrecht
---------------------- Forwarded by Kristin Albrecht/HOU/ECT on 05/15/2000
09:27 AM ---------------------------

Christine Nguyen
05/12/2000 01:01 PM
To: Ravi Ramachandran/HOU/ECT@ECT
cc: Randy Matson/Corp/Enron@ENRON
Subject: athena vs quark

Ravi,
       Please advise your users that athena will be completely unavailable
starting
Wednesday17May2000.  The production server is quark (12gb RAMx18procs).
quark is configured to our standard for your use.
Thanks,
-Christine


still working.  I hope to have it completed before the week is out.  As I am sure you are experiencing as well all the fire drills that are currently going on around here, I have been running since I got back from vacation.  Believe me when I say this is a high priority for me as well because of all the potential P&L fallout for the traders who have been entering this information.
PL

-----Original Message-----
From: James, Marlo C.
Sent: Tuesday, November 27, 2001 8:56 AM
To: Love, Phillip M.
Cc: Saucier, Darla
Subject: RE: NICOR

How are things going with this.  We need to give updates to our leads.

-----Original Message-----
From: Saucier, Darla
Sent: Monday, November 12, 2001 12:58 PM
To: James, Marlo C.
Subject: FW: NICOR

-----Original Message-----
From: Love, Phillip M.
Sent: Mon 11/12/2001 11:05 AM
To: Saucier, Darla
Cc:
Subject: RE: NICOR

can you get me copies of the August Invoice.  Cora is very confident we have done everything correctly and I am still disagreeing with her(agreeing with you guys).  This is pretty confusing and they did not keep spreadsheets or data about these, so I am having trouble tying all the volumes.  Could you also get me copies of the pipeline statements for August.  It looks like I am also missing one of the pipeline statements from July as well.  I do not have the statement for the loan of 73,416.  Thanks.  I am sorry this is taking a while, this deal is very complex and traders/schedulers have not kept good records.

PL

 -----Original Message-----
From:   Saucier, Darla
Sent:   Thursday, November 08, 2001 5:03 PM
To:     Love, Phillip M.
Cc:     James, Marlo C.
Subject:        RE: NICOR

Here's what we have done for all the month's involved.  I'll have to copy the Nicor invoices and get them to you.  I will bring those down to you tomorrow morning.

 << File: NICOR-rec.xls >>

 -----Original Message-----
From:   Love, Phillip M.
Sent:   Thursday, November 08, 2001 4:41 PM
To:     James, Marlo C.; Saucier, Darla
Subject:        RE: NICOR

can you get me the info on August for Nicor, according to Cora Pendergrass I need to see august numbers because some of July's invoice has august volumes.  I would like a copy of all the stuff you guys gave me for July.  Thanks.

PL

 -----Original Message-----
From:   James, Marlo C.
Sent:   Thursday, November 08, 2001 4:36 PM
To:     Palmer, B. Scott
Cc:     Love, Phillip M.; Saucier, Darla; Valderrama, Lisa; Anastas, Sherry
Subject:        RE: NICOR

Right now the parking and loaned deals that we did or do with NIPSCO are not being booked correctly in Unify.  The volumes are coming over onto Supply Verifications or Sales Invoices depending what we are doing.  These deals should be coming over to the service side so that I can be paying for these deals.  However, I do not have anything on the service side.  Therefore, I have a had to pay (paper) manuals to pay NIPSCO and Darla has outstanding A/R & A/P items since we do not invoice or pay NIPSCO for these deals.  I have requested that Marlene forward the service contracts that are currently in the system to verify what we have setup so that you can make sure the deals are setup and we can get these corrected in Unify.  I need to get my payables issues cleared up as well for the manuals I had to do to get them paid as interest was also charged.  If you need to meet up with Darla and I to show you what we have, please let us know.  The sooner we can get these resolved the better.

Thanks,
Marlo

 -----Original Message-----
From:   Palmer, B. Scott
Sent:   Thursday, November 08, 2001 4:20 PM
To:     Saucier, Darla
Cc:     James, Marlo C.; Love, Phillip M.
Subject:        RE: NICOR

Phillip is working on NICOR. I will work on NIPSCO. Marlo's e-mail was the first I have heard of this and it does not really describe what the issue is. Can somebody clue me in with the details? Thanks.

Scott

 -----Original Message-----
From:   Saucier, Darla
Sent:   Thursday, November 08, 2001 2:56 PM
To:     Palmer, B. Scott
Subject:        FW: NICOR

 -----Original Message-----
From:   Saucier, Darla
Sent:   Thursday, November 08, 2001 2:51 PM
To:     Love, Phillip M.
Cc:     McFatridge, Thomas; Valderrama, Lisa; PALMER, Scott L
Subject:        NICOR

Hi Phillip,

I saw your emails to Marlo James on the Nicor issue that said Scott Palmer would be taking over the Central desk.  I just wanted to see if it would be possible to put this on the highest priority.  Due to the current situation, we need to get this matter resolved ASAP to be able to clear off the balances left sitting on our A/R and A/P.  Let me know if there's any additional information that you would require from me. Again, I stress the urgency of resolving this.  Thanks for your help.  Please update me on any progress as soon as possible.

Thanks
Darla Saucier


Pushing our TECO call back is fine with me.  I am good until 4 pm.  I have to
leave by 4:45 today for a meeting outside the office.

Fred

-----Original Message-----
From: Jacoby, Ben
Sent: Wednesday, May 23, 2001 2:09 PM
To: Mann, Kay; Mitro, Fred
Subject: RE: Blue Dog

OK. We can push back on the TECO term sheet call. Let Fred and me know what
works.

Who at GE are you talking to?

-----Original Message-----
From: Mann, Kay
Sent: Wed 5/23/2001 2:03 PM
To: Jacoby, Ben
Cc:
Subject: Blue Dog

I'm on the phone with GE.  Their initial response to the assignment stuff is
positive.  They want a letter which sets out the ownership of the LLC and
what we are doing on payment.

I've been working on TECO term sheet, but I'm not sure I'll be done by 300,
depending on this call.

Kay


Janet Ashford
10377 Nichols Lane
Mendocino, CA 95460
jashford@jashford.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Janet Ashford


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 08/04/2000
08:33 AM ---------------------------

Angela Barnett
08/04/2000 05:54 AM
To: Regina Blackshear/Corp/Enron@ENRON, Angela Gill/NA/Enron@Enron, Sandra R
McNichols/HOU/ECT@ECT, Leslie Smith/HOU/ECT@ECT, Judy Hernandez/HOU/ECT@ECT,
Pamela Mitchell/HOU/ECT@ECT, Nikki Johnson/NA/Enron@Enron, Warren
Perry/Corp/Enron@Enron, Derick Jones/Corp/Enron@Enron, Diane
Salcido/Corp/Enron@Enron, Jorge Olivares/Corp/Enron@ENRON, Eve
Puckett/Corp/Enron@ENRON, Judy Walters/HOU/ECT@ECT
cc:
Subject: Fwd: Prayer

---------------------- Forwarded by Angela Barnett/HOU/ECT on 08/04/2000
05:52 AM ---------------------------

Mary Westbrook <kittenkid_65@yahoo.com> on 08/04/2000 05:43:32 AM
To: Mabel Abrasley <mabel@abrasley.com>
cc:
Subject: Fwd: Prayer

Note: forwarded message attached.

__________________________________________________
Do You Yahoo!?
Kick off your party with Yahoo! Invites.
http://invites.yahoo.com/
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From: Kttn0965@aol.com
Message-ID: <39.84f5079.26bb72d5@aol.com>
Date: Thu, 3 Aug 2000 21:13:57 EDT
Subject: Prayer
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> >
> > Some people, it seems, get offended way too easily.
> > I mean, isn't that
> > what all
> > > this prayer hullabaloo is all about - people
> > getting offended?  Those of
> > us in
> > > the majority are always tippy-toeing around,
> > trying to make sure we don't
> > step
> > > on the toes or hurt the feelings of the humorless.
> >  And you can bet
> > there's a
> > > lawyer standing on every corner making sure we
> > don't.  Take this prayer
> > deal.
> > > It's absolutely ridiculous.  Some atheist goes to
> > a high school football
> > game,
> > > hears a kid say a short prayer before the game and
> > gets offended.  So he
> > hires a
> > > lawyer and goes to court and asks somebody to pay
> > him a whole bunch of
> > money for
> > > all the damage done to him.  You would have
> > thought the kid kicked him in
> > the
> > > crotch.  Damaged for life by a 30-second prayer?
> > Am I missing something
> > here?
> > >
> > > I don't believe in Santa Claus, but I'm not going
> > to sue somebody for
> > singing a
> > > Ho-Ho-Ho song in December.  I don't agree with
> > Darwin, but I didn't go out
> > and
> > > hire a lawyer when my high school teacher taught
> > his theory of evolution.
> > Life,
> > > liberty or your pursuit of happiness will not be
> > endangered because
> > someone says
> > > a 30-second prayer before a football game.  So
> > what's the big deal? It's
> > not
> > > like somebody is up there reading the entire book
> > of Acts.  They're just
> > talking
> > > to a God they believe in and asking him to grant
> > safety to the players on
> > the
> > > field and the fans going home from the game.
> > >
> > > "But it's a Christian prayer," some will argue.
> > Yes, and this is the
> > United
> > > States of America, a country founded on Christian
> > principles.  And we are
> > in the
> > > Bible Belt.  According to our very own phone book,
> > Christian churches
> > outnumber
> > > all others better than 200-to-1. So what would you
> > expect - somebody
> > chanting
> > > Hare Krishna?  If I went to a football game in
> > Jerusalem, I would expect
> > to hear
> > > a Jewish prayer.  If I went to a soccer game in
> > Baghdad, I would expect to
> > hear
> > > a Muslim prayer.  If I went to a ping-pong match
> > in China, I would expect
> > to
> > > hear someone pray to Buddha.
> > >
> > > And I wouldn't be offended.  It wouldn't bother me
> > one bit.  When in
> > Rome...
> > > "But what about the atheists?" is another
> > argument.  What about them?
> > Nobody is
> > > asking them to be baptized. We're not going to
> > pass the collection plate.
> > Just
> > > humor us for 30 seconds. If that's asking too
> > much, bring a Walkman or a
> > pair of
> > > ear plugs.  Go to the bathroom. Visit the
> > concession stand.  ..  Call your
> > > lawyer.
> > >
> > > Unfortunately, one or two will make that call. One
> > or two will tell
> > thousands
> > > what they can and cannot do.  I don't think a
> > > short prayer at a  football game is going to shake
> > the world's
> > foundations. Nor
> > > do I believe that not praying will result in more
> > serious injuries on the
> > field
> > > or more fatal  car crashes after the game.  In
> > fact, I'm not so sure God
> > would
> > > even be at all these games if he didn't have to
> > be.  That's just one of
> > the
> > > downsides of omnipresence.  If God really liked
> > sports, the Russians would
> > never
> > > have won a single gold medal, New York would never
> > play in a World Series
> > and
> > > Deion Sanders' toe would be healed by now.
> > >
> > > Christians are just sick and tired of turning the
> > other cheek while our
> > courts
> > > strip us of all our rights.  Our parents and
> > grandparents taught us to
> > pray
> > > before eating, to pray before we go to sleep.  Our
> > Bible tells us just to
> > pray
> > > without ceasing.  Now a handful of people and
> > their lawyers are telling us
> > to
> > > cease praying.  God, help us.
> > >
> > >  And if that last sentence offends
> > you-well............just sue me.
> > >
> > >
> > >
> >
> >
> >


TJae

Do you know what my mail stop # is? This person has some mail that doesn't
seem to be finding me.

Thanx

Chris
---------------------- Forwarded by Chris Dorland/HOU/ECT on 10/30/2000 12:55
PM ---------------------------

Rebecca Torres
10/30/2000 11:39 AM
To: Chris Dorland/HOU/ECT@ECT
cc:
Subject: Re: Mail

It has on there to be sent to 3116e but it came here instead. So can I have
your mail stop # to send this to you.

Thanks,
RT

Chris Dorland
10/30/2000 12:35 PM
To: Rebecca Torres/HOU/ECT@ECT
cc:
Subject: Re: Mail

Can you send it to my desk at 3116e please.

CD
3-1663


------------------------------------------------------------------------------
------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

June 22, 2001 5:00pm through June 25, 2001 12:00am
------------------------------------------------------------------------------
------------------------

ECS to ECN Network Interconnection WILL BE RESCHEDULED

This is a notification that the Enron Corp. I/T Networks team will be
connecting the new building network infrastructure located in Enron Center
South (ECS) to the existing Enron Center North (ECN) backbone network.  While
this activity is not expected to produce a disruption to network services,
this notice is designed to alert the organization to our activities.  No
network hardware or systems are anticipated to be shutdown.  The actual
physical interconnection of the networks will be performed in the EB 34th
floor Data Center.

If you have any further questions, please contact Pete Castrejana at
713-410-0642 for more information.

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER:
Impact:  CORP
Time:  Sat 6/23/2001 at  11:00:00 PM CT thru Sun 6/24/2001 at   2:00:00 AM CT
 Sat 6/23/2001 at    9:00:00 PM PT thru Sun 6/24/2001 at 12:00:00 AM PT
 Sun 6/24/2001 at  5:00:00 AM London thru Sun 6/24/2001 at 8:00:00 AM London
Outage:  EDI_HUB System Reboot
Environments Impacted:  Corporate
Purpose: Preventive maintenance to improve High Availability and System
recovery capability
Backout: Defer reboot
Contact(s):   Alex Tudor         713-853-3895  713-318-1987
  Jack Metkus       713-853-3062  713-288-0743
  Maria Santiago  713-345-7354  713-406-0588

ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages

ENRON NORTH AMERICAN LANS:
Impact:  R: drive for the corp users
Time:  Fri 6/22/2001 at  10:30:00 PM CT thru Sat 6/23/2001 at   2:30:00 AM CT
 Fri 6/22/2001 at    8:30:00 PM PT thru Sat 6/23/2001 at 12:30:00 AM PT
 Sat 6/23/2001 at  4:30:00 AM London thru Sat 6/23/2001 at  8:30:00 AM London
Outage:  General Application Server Storage Upgrade
Environments Impacted:  All CORP users provided applications on the R: drive.
Sitara, CMS, Equity Trading Systems, Adaytum, CQG, TMS, PowerMap Europe,
PowerDat Europe, MapInfo Professional, & Secretariat
Purpose: The storage space for the application server environment will be
upgraded with 3 additional volumes to accommodate growth as the volumes are
at capacity. All applications residing on the R: drive will be temporarily
unavailable from Friday, June 22, 2001 at 10:30 P.M. until Saturday June 23,
2001 at 2:30 A.M. for users logging into the CORP domain serviced by Enron
Net Works.  The outage is needed to perform required system maintenance
updates and increase the storage capacity of the general application servers
hosting the applications managed by the Enron Net Works Distributed
Application Management group.
Backout: Should the upgrade volumes or maintenance updates render the primary
node server inoperable the secondary node will be brought on-line with all
volumens maintaining current configuration.
Contact(s):  Chris Jeska    713-345-7004
                        Brian Larkin    713-853-6985

Impact:  Corp
Time:  Sun 6/24/2001 at  10:00:00 AM CT thru Sun 6/24/2001 at   1:00:00 PM CT
 Sun 6/24/2001 at    8:00:00 AM PT thru Sun 6/24/2001 at  11:00:00 AM PT
 Sun 6/24/2001 at  4:00:00 PM London thru Sun 6/24/2001 at  7:00:00 PM London
Outage:  Apply Windows 2000 SP2 to Houston CORP Domain Controllers
Environments Impacted:  Corp
Purpose: SP2 is being applied to all domain controllers to resolve security
issues.
Backout: Uninstall SP2.
Contact(s):  Robert Stine    713-345-5214

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING: No Scheduled Outages.

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS:
Impact:  EBS
Time:  Fri 6/22/2001 at  6:00:00 PM CT thru Sat 6/23/2001 at  12:00:00 AM CT
 Fri 6/22/2001 at  4:00:00 PM PT thru Fri 6/22/2001 at   10:00:00 PM PT
 Sat 6/23/2001 at  12:00:00 AM London thru Sat 6/23/2001 at  6:00:00 AM London
Outage:  EBS Shepherd Location
Environments Impacted:  Shepherd Employees
Purpose: To increase port Density as well as re-patch IDF panel to clean up
cable management
Backout: Exchange both 6509's back to the existing 6506's
Contact(s):  Jason Kilgo    713-345-3198

Impact:  sysADMIRAL Batch Servers
Time:  Sat 6/23/2001 at  6:00:00 AM CT thru Sat 6/23/2001 at  6:00:00 PM CT
 Sat 6/23/2001 at  4:00:00 AM PT thru Sat 6/23/2001 at  4:00:00 PM PT
 Sat 6/23/2001 at  12:00:00 PM London thru Sun 6/24/2001 at  12:00:00 AM
London
Outage:  SYSadmiral Server Rebuild
Environments Impacted:  None
Purpose: Server NAHOU-BPS06P will be down and there will be no access during
this period.
Backout:
Contact(s):  Rusty Cheves    713-345-3798

Impact:  CORP, OTS, ETS
Time:  Wed 6/27/2001 at  6:00:00 PM
Outage:  De-commission ENEDS01_ADAPT server
Environments Impacted:  DSS Users
Purpose: Power off old DSS server, data has been moved to SQL 2000 server
GTHOU-APPSQ03P/GTHOUSQRPT01P.
Backout: None
Contact(s):  Joe Hellsten    713-853-7346   713-545-4164

Impact:  CORP
Time:  Fri 6/22/2001 at  6:00:00 PM CT thru Fri 6/22/2001 at  8:00:00 PM CT
 Fri 6/22/2001 at  4:00:00 PM PT thru Fri 6/22/2001 at  6:00:00 PM PT
 Sat 6/23/2001 at 12:00:00 AM London thru Sat 6/23/2001 at 2:00:00 AM London
Outage:  CPU replacement for Orbix dev server midas.
Environments Impacted:  Orbix development.
Purpose: Bad CPU needs replacement.
Backout: restart sever without the cpu.
Contact(s):  Malcolm Wells    713-345-3716

SITARA:    SEE ABOVE

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY: No Scheduled Outages

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:  No Scheduled Outages.

------------------------------------------------------------------------------
-----------------------------------------------
        FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center

Specific Help:
Information Risk Management   (713) 853-5536
SAP/ISC
        (713) 345-4727
Unify On-Call      (713) 284-3757  [Pager]
Sitara On-Call     (713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS   (713) 639-9726  [Pager]
OSS/UA4/TARP    (713) 285-3165  [Pager]
CPR      (713) 284-4175  [Pager]
EDI Support      (713) 327-3893  [Pager]
EES Help Desk     (713)853-9797 OR (888)853-9797
TDS -Trader Decision Support On-Call                    (713) 327-6032 [Pager]


<<Revised LOI - TFS Energy>> Your message

  To:      akurzer@tfsbrokers.com
  Cc:      Daniel.Diamond@enron.com; Mark.Greenberg@enron.com
  Subject: Revised LOI - TFS Energy
  Sent:    Fri, 27 Apr 2001 15:28:40 -0400

was delivered to the following recipient(s):

Alan Kurzer on Fri, 27 Apr 2001 15:30:22 -0400

Message-ID: <OF7A674B31.B87FFFE8-ON86256A3B.00674882@enron.com>
From: Tana.Jones@enron.com
To: akurzer@tfsbrokers.com
Cc: Daniel.Diamond@enron.com, Mark.Greenberg@enron.com
Subject: Revised LOI - TFS Energy
Date: Fri, 27 Apr 2001 15:28:40 -0400
Return-Receipt-To: Tana.Jones@enron.com
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2448.0)
X-MS-Embedded-Report:
Content-Type: text/plain; charset="windows-1252"


In addition to the exchange seats,  MG London is also licensed as an FCM and
CTA with the CFTC --- the Enron acquisition requires a re-registration with
respect to these licenses, and perhaps a great deal of unwanted
disclosure/reporting burdens on Enron

	Mark Taylor@ECT
	08/04/2000 10:59 AM

		 To: Sara Shackleton/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron
		 cc:
		 Subject: Re: MG - US Regulatory Status...

FYI
----- Forwarded by Mark Taylor/HOU/ECT on 08/04/2000 10:58 AM -----

	Jon Barrett@MGLTD
	08/04/2000 10:58 AM

		 To: Justin Boyd/LON/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT
		 Subject: Re: MG - US Regulatory Status...

Justin

Sorry for the delay in catching up with my e-mails. Yes, MG London Inc is the
clearing member of NYMEX/COMEX and is FCM & CTA. The only other MG companies
who have any exchange/regulatory registrations are in the UK and are
Metallgesellschaft Ltd (LME & SFA, also LIFFE to come), MG Brokers Ltd (LME &
SFA), MG Metal & Commodity Co Ltd (LME only).

Rgds

Jon

Justin Boyd@ECT
31/07/2000 20:53
To: Jon Barrett/MGLTD_London/MGLTD@MGLTD
cc: Mark Taylor/HOU/ECT@ECT

Subject: MG - US Regulatory Status...

Jon,

Grateful if you could complete the picture for me and for Mark Taylor.    Is
MG London Inc. the entity that is the Clearing Member of NYMEX + a Futures
Commission Merchant and Commodity Trading Advisor?   Do any other (MG)
entities have similar registrations, and if so, what are these?

Thanks

Justin

---------------------- Forwarded by Justin Boyd/LON/ECT on 31/07/2000 20:47
---------------------------
From: Mark Taylor on 28/07/2000 16:44 CDT
To: Justin Boyd/LON/ECT@ECT
cc:

Subject: MG

Justin:

Do you know whether we have acquired any companies with CFTC registrations of
any kind (e.g. Commodity Trading Advisor or Futures Commission Merchant)?  I
was wondering who was responsible for compliance matters if we have.

I hope you're well and all my best to Fran.

Mark


Thought you might be interested in this message that went out to all Enron
employees.
----- Forwarded by Mark Taylor/HOU/ECT on 03/14/2001 10:12 AM -----

	Ken Lay and Jeff Skilling@ENRON
	Sent by: Ken Lay and Jeff Skilling@ENRON
	03/13/2001 04:17 PM

		 To: All Enron Worldwide
		 cc:
		 Subject: California Energy Crisis

California,s power crisis has generated heated debate over the last several
months.  Unfortunately, this debate has generated more heat than light.  We
want you to know what the facts are and what we are doing about the crisis.
Please spend a few minutes reading the following overview on the situation
and our position on California energy issues.

What happened in California

The source of California,s current problem is as straightforward as supply
and demand.  California,s economy grew 29 percent since 1998.  This increased
the demand for electricity by 24 percent.  At the same time, regulatory
restrictions prevented new generation from getting built in the state.  So
demand grew but regulations prevented supplies from being added.  The result,
predictably, is a shortage.  This summer, peak capacity will be about 10
percent shy of peak demand, leading to further blackouts in the state.

In addition to the supply and demand imbalance, there are two other related
factors that led to the current crisis.  First, the state,s regulations
forced all sales and purchases into the spot market.  The spot market for
power is extraordinarily volatile.  The way firms behave in a free market
when faced with such volatility is to construct a portfolio of purchases long
term, medium term and short term, to reduce exposure to this volatility.  In
California, state regulation prevented this strategy.  This would be the
equivalent of putting the entire state on an adjustable rate mortgage in the
most volatile interest rate environment imaginable.  Everything was fine
while the power surplus persisted, but when shortages ensued, every megawatt
was purchased at the sky rocketing spot price.

Second, retail markets were not deregulated.  Regulated retail rates remained
in effect, and stranded cost recovery charges were structured to keep
competition out.  This meant that utilities were forced to pay high wholesale
prices in the spot market but were only able to recover costs at the
regulated retail rate.  They are now nearly bankrupt.

In short, California,s problems were caused by regulation, not deregulation.
Regulations prevented competitors from entering the market, prevented new
generation from being built, and prevented prudent hedging against volatile
spot prices.

At the time California was developing its restructuring plan, Enron warned
the state,s policy makers about these risks and proposed alternatives, which,
if adopted, would have averted the current crisis.

Enron,s Role

Many political leaders in the state have elected to fix blame rather than fix
the problem.  Power sellers, including Enron, have been vilified by the
politicians and the media.  Here are the facts:

? Other than a small amount of wind power, Enron is not a generator in the
state of California.  Every megawatt we sold in California we bought in the
same market available to other California purchasers.  Because we are a
market maker, not a generator, we are not biased toward high prices.  We are
interested only in having a market that works so that we can package products
for our customers.
? As a seller to end-use markets in the state, we provided protection from
the problems the states, utilities, and their customers, now face.  We
protected, and still protect, our customers from price volatility.

You may have read that EES recently elected to have the utilities supply
power directly to its customers in California instead of procuring power on
the open market.  Early reports mischaracterized this as a &turnback8 of our
customers to the utilities.  Here are the facts:

? As a result of a variety of factors existing in the current California
market, it made more sense for EES to source power for its customers directly
from the utilities.  This decision reduced EES,s market price risk by
allowing EES to access lower utility rates.
? EES did not terminate any customer contracts, and our customers continue to
receive the financial benefits of their contract prices.
? EES is continuing to work with its California customers to provide them
with other energy-related products and services, including assistance in
reducing the demand for power, particularly at peak times.

Enron is currently proposing solutions to help California work out of its
crisis; Enron continues to sign up customers in the state; and Enron
continues to actively manage its risks and capture opportunities in Western
power markets.  Enron,s primary business is managing risk for our customers
with solutions customized to meet their needs.  There has never been more
demand for our products and services.

The Solution

The solution to California,s crisis is also straightforward.  In summary, the
state must increase supply, reduce demand, reduce reliance on the spot market
and shore up the financial stability of the state,s utilities.

Increasing Supply

California,s process for siting and permitting new generation is nothing
short of Byzantine.  Enron has built plants elsewhere in the country in less
than a year.  In California, it often takes 5 to 7 years.  California simply
must streamline this process.  Ironically, while many of the regulations
generators must overcome are aimed at improving environmental quality, the
regulations are preventing new clean technology from coming online and
displacing current plants, which emit 40 times as much NOx.  California can
have abundant power and cleaner air by expediting the permitting of new
facilities.

Reducing Demand

Customers in California today have no incentive to reduce or shift demand.
They pay the same rate no matter what the market price is.  An open retail
market would trigger demand responses, which would balance supply and demand
at lower prices than today.  California should fully open its retail market.

Reducing Reliance on the Spot Market

In a truly deregulated market, customers would protect themselves from
volatile spot prices by purchasing some of their requirements on a longer
term, fixed-price basis.  The state has instead left procurement in the hands
of the utilities, which it has forced to buy exclusively in the spot market.
Opening the market at the retail level will give customers control over their
price risk.

Restoring the Financial Integrity of the State,s Institutions

The utilities in California are not paying their bills.  This has led to
greater uncertainty in the market, higher costs, and reduced flexibility to
arrive at lasting solutions.  California must permit its utilities to recover
their costs so they can pay their bills and invest in the transmission and
distribution assets necessary to get power from where it is to where it is
needed.

Just as important as doing these things, the state must avoid policies that,
while politically attractive, do not fix the problem or even make matters
worse.  Price caps have been proposed.  They don,t work; have never worked;
and they will not work here.  Price caps succeed only in creating shortages,
which then have to be allocated among competing users.  Imagine how
ineffectively the government would be in determining, for example, whether it
is better to make its limited power supplies available to the Imperial Valley
or Silicon Valley.  Price caps are a surefire way to make the current
shortage worse.

The state has also proposed to take over generation and transmission in
California.  There is no reason to believe, and every reason to doubt, that
the state will be more effective than free markets at investing in,
constructing, operating and maintaining assets.  This will also result in
California tax revenues being spent on power transmission and power
generation -- which the private sector can do -- instead of education, roads
and other public goods -- which the private sector cannot do.

As you are approached by people outside the company or are learning about the
crisis from the media, it,s important for you to know this:  We at Enron will
continue to serve our customers and we will continue to propose real
solutions to the state.


I think we are going to name the baby after your new boss at
KOCH......."Uday"!!!!!!!!

MC


Steve,

You requested that I put together a Knowledge Management working group.

To tell you the truth, I got the best support from Elizabeth Linnell.  She
did a splendid job of coordination and had great ideas of implementation.
She kept the group alive.

Our main obstacle, aside from other responsibilities, is that other groups,
specially the eKnow team liked the idea so much that they started calling
everything "knowledge management" or "expert " without a clear idea of all
the implications.

A positive discovery was that throughout Enron there are a number of efforts
that are trying achieve a better situation with respect to information,
communication and knowledge.  Unfortunately many of this groups are not a
priority within their business units.

We have an operational  pilot webpage with some interesting content.

We also drafted two documents.  A first draft of a business plan and a theory
support document with respect to knowledge.

Our last meeting must have been around August and it is my fault that we have
not met again but it has to do with my workload in Mexico.  I hope to
continue with this project by establishing a monthly meeting to arrive to the
full launch of ther program in our area  A.S.A.P or whenever you set the
deadline (2nd quarter 2001?)

I would recommend  implementation but, perhaps due to Elizabeth's and my
responsibilities we would need someone else that devotes more time to the
implementation of this project.

I think it would be important to develop a working group for training within
our area.  They could develop programs, ask for changes in current programs
so that they are also focused to what we do.  Promote the assistance of our
team to different courses, internal and external, etc.

Please call if I can be of assistance.

Best,

Ricardo

	Steven J Kean
	Sent by: Maureen McVicker
	11/20/2000 10:12 AM

		 To: Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Scott Bolton/Enron
Communications@Enron Communications, Hap Boyd/EWC/Enron@Enron, Jeff
Brown/NA/Enron@Enron, Ricardo Charvel/NA/Enron@Enron, Paul Dawson/Govt.
Affairs/LON/ECT@ECT, Joe Hillings/Corp/Enron@ENRON, Harry
Kingerski/NA/Enron@Enron, Nicholas O'Day/AP/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron
		 cc: Richard Shapiro/NA/Enron@Enron, Mark Schroeder/LON/ECT@ECT, Marcia A
Linton/NA/Enron@Enron, Ginger Dernehl/NA/Enron@Enron, Lora
Sullivan/Corp/Enron@ENRON, Rubena
Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tracy Cooper/Enron
Communications@Enron Communications, Beverley Ashcroft/LON/ECT@ECT
		 Subject: WORKING GROUP PROGRESS

Please provide me an update on the progress of the working group you have led
this year.  There are several things I would like you to cover in this regard.

Did the working group function through the year or was it terminated (I
recognize there may be good reasons for the latter, but would like to
understand those reasons).

What did the group accomplish?

Would you recommend continuing it?   Any changes?

Are there other topics we should consider for working groups in the future?
Any changes to the working group process itself?

Please provide input on the individuals you worked with.  You should be able
to do this through the PEP system.  If you cannot, please provide the
feedback by confidential e-mail to me.  Because the PRC is coming up soon,
please provide the feedback by December 1.


Russell:
Here is a summary of the ownership chain of Global Companies LLC:

1. Its members are Global Petroleum Corp. ("GPC"), YPF Distribution Company
("YPF") and Montello Oil Corporation ("Montello").  From what they sent to
us, I could not tell the ownership percentages.

2. The affairs of Global are managed by a "Board of Governors" who are
selected by the members.  Specifically, GPC and Montello collectively get to
choose 3 board members and YPF gets to choose 3 board members.

I your credit worksheet, you had specified as a "MAC" trigger if YPF, SA
fails to own at least 51% of Global Companies.  Is this the same entity as
YPF Distribution Company?  Do you want this as a MAC or as an Additional
Event of Default or Termination Event?

Carol


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/09/2001
05:14 PM ---------------------------

"John D. Martin" <J_Martin@baylor.edu> on 04/09/2001 03:18:22 PM
To: aagrawal@cba.ua.edu, aalmazan@mail.utexas.edu, a-krishnamurthy@nwu.edu,
andres.almazan@bus.utexas.edu, asayrak@katz.pitt.edu, besty@hbs.edu,
butler@lsu.edu, chapman@mundo.eco.utexas.edu, cornelli@mail.duke.edu,
daveike@rice.edu, david.robinson@gsb.uchicago.edu, dufresne@andrew.cmu.edu,
fzou@ccwf.cc.utexas.edu, hadlock@pilot.msu.edu, hghong@stanford.edu,
hong.yan@bus.utexas.edu, jhartzel@stern.nyu.edu,
john.heaton@gsb.uchicago.edu, kentd@nwu.edu, LBENVENISTE@csom.umn.edu,
lederington@ou.edu, michael@brandt.wharton.upenn.edu, ms122@columbia.edu,
parrino@mail.utexas.edu, ron.giammarino@commerce.ubc.ca,
stathis.tompaidis@bus.utexas.edu, steg@arches.uga.edu,
Titman@mail.utexas.edu, tobias.moskowitz@gsb.uchicago.edu,
tyrone.callahan@bus.utexas.edu, vkamins@enron.com, vshanbh@enron.com,
wangfa@rice.edu
cc:
Subject: Program Posted

Hello all,

The program for next week's conference is posted at the following address:

http://hsb.baylor.edu/html/martinj/Tff2001/ProgramIII.htm

We have lots of fun stuff planned to go with the serious so come prepared
for a great weekend.

John

John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
J_Martin@Baylor.edu
web:    http://hsb.baylor.edu/html/martinj/home.html


Hello Kenny,

Just a couple of things.  One our stock is up again today  now it is up 2 at
62$  I was wondering if we should sell some?  What is your opinion.
Also I have some reading for you tonight - The Skiliing Story is all over the
Gas Market.  (I told Ya).  I know that Clayton has soccer tonight - dont
worry about dinner , I would actually prefer some of that Turkey tonight.

I love you


Thanks for a great lunch. I am, on reflection, very excited about the things
we discussed.

The Australian/Pacifice role would be a fantastic opportunity. Kinda - Comm
Supp Controller/CFO/CAO (whatever...) - basically Sally's & Rick's (C) eyes
whilst they're asleep (Tokyo support would report into Sydney - same time
zones). It would also have risk, control, processes & procedures
responsibilities - working directly with Ted's group. I'll work with them and
face the 'challenge' so to speak.

Basically - running accounting, risk & controls - and keeping the global risk
function (headed by yourself) with a flag waving 24 hours a day - kinda
CFO/CAO/Controller for Enron goes Global/24 hours.

The idea - 'Enronise' the junior offices - put an experienced person in there
to 'set the standards' and the tone of operations - and train the local
employess in the ECT way. Working closeIy with IT, RAC, Risk, Operations
etc...

I love the idea. And I think the timing (vis Helsinki etc..) is perfect.

I think it dovetails well with the current environment of putting the right -
experienced - people in the right places in the world to ensure that the
standards remain high - especially with EBS starting to spread into the
'world'.

Fernley was very supportive on the idea. I guess we would need to speak to
Commercial people.

I also, on the London subject, spoke to Brent. I think London would benefit
from Brent - he's a good guy. It would also allow me a shot at the new role
in say a 2/3 month roll-out - starting in the Summer.

Let's keep talking. Let me know how (if?) you want to progress things. Hope
Orlando was fun.

B.


What the hell is this?

---------------------- Forwarded by Chuck Ames/NA/Enron on 05/11/2001 10:24
AM ---------------------------
From: Rachel Crowell/ENRON@enronXgate on 05/11/2001 09:12 AM
To: Chuck Ames/NA/Enron@Enron
cc:

Subject: FT Intra Ontario P&L for April 2001

Chuck,
;
The loss shown in the report page of the FT Intra Ontario file located under
the firmtrad directory is $1,086M for the month of April 2001.; However,
the;loss shown for that book on the final 04/30 Natural Gas P&L is $663M.;
The difference is the Schedule E item reflected in Roll-1 for;prior month
adjustments (gas daily variances per Canada and Texas deal QH9312.1).; From
an outside view it seems that the links in the NGP&L were updated before the
pma was recorded in the file.; Can you confirm this, or is there another
reason for the different p&l values?;
;
Since the income numbers should be the same, would it be possible to "catch
up" the value in May's NGP&L to match what has been recorded in the FT Intra
Ontaio book file on a cumulative basis?; Or do you have an another suggestion
to get the life to date values correct between the 2 sources?
;
Best regards,
;
Rachel
;
;
;


CONFIDENTIAL AND PRIVILEGED ATTORNEY CLIENT COMMUNICATION AND ATTORNEY WORK
PRODUCT- Richard and Andy -Here are some points put together by my
associate. The research is by no means exhaustive.Please call me when you've
had a chance to review. Thanks - Barrett

-----Original Message-----
From: Mark A. Giugliano <mgiugliano@Gibbs-Bruns.com>
To: Barrett H. Reasoner <Breasoner@Gibbs-Bruns.com>
Sent: Wed May 30 19:03:13 2001
Subject: Memo to Barrett on Spoliation of Evidence

Attached is the memo.  Call me at home if you need any more assistance with
this tonight.  (713) 436-2716.

 - Memo to Barrett on Spoliation of Evidence_v1.WPD


sure.  Just give me a shout.  Next week will not be good and I would prefer
if we could do it before 2 p.m.  Let me know.
PL


<<GETURBINEPURCHASEAGREEMENTLVCOGEN2_redline of execution copy_40301.DOC>>

Steve,

Here's is the revised AIP to reflect what I agreed to with you and Jake.
I'll see what we can do to get the consent agreement done.  We know the ball
is in our court to firm the order for Units 25-28.

Thanks,

Lee

 - GETURBINEPURCHASEAGREEMENTLVCOGEN2_redline of execution copy_40301.DOC


Please click on the link below

SAVE THE DATE


We have received the executed Confidentiality Agreement between Continental
Airlines, Inc. and Enron North America Corp., Enron Net Works LLC and
EnronOnline LLC dated June 19, 2000.  A copy will be distributed to Daniel
Diamond and Dave Samuels.


These documents will be executed Thursday.

Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX  77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com

----- Forwarded by Teresa G Bushman/HOU/ECT on 12/27/00 09:47 PM -----

	"Rosser, Dianna" <drosser@velaw.com>
	12/27/00 09:16 PM

		 To: "'mwilson@milbank.com'" <mwilson@milbank.com>, "'rwight@milbank.com'"
<rwight@milbank.com>, "'philip.levy@chase.com'" <philip.levy@chase.com>,
"'melissa.c.vogel@chase.com'" <melissa.c.vogel@chase.com>,
"'ian.james@mourant.com'" <ian.james@mourant.com>,
"'kevin_p_kearns@fleet.com'" <kevin_p_kearns@fleet.com>,
"'renee_r_nadler@fleet.com'" <renee_r_nadler@fleet.com>,
"'richard_aidala@fleet.com'" <richard_aidala@fleet.com>,
"'jill_a_calabrese@fleet.com'" <jill_a_calabrese@fleet.com>,
"'james_r_mcbride@fleet.com'" <james_r_mcbride@fleet.com>,
"'mark_serice@fleet.com'" <mark_serice@fleet.com>, "'sean_o'neill@fleet.com'"
<sean_o'neill@fleet.com>
		 cc: "'teresa.g.bushman@enron.com'" <teresa.g.bushman@enron.com>, "Joseph
Deffner (E-mail)" <joseph.deffner@enron.com>, "Shouse, August"
<AShouse@velaw.com>
		 Subject: PDF format of transaction documents

Attached please find copies of the following documents, in PDF format to
facilitate consistent pagination:

1. Forward Sale Agreement
2. Confirmation Letter of Forward Sale
3. Margin Agreement
4. Margin Price Confirmation Letter
5. Enron Guaranty
6. Consent and Agreement (Enron)
7. Consent and Agreement (ENAC)
8. Letter regarding duplicate delivery of information
9. V&E opinion

Please feel free to contact August Shouse or me with any questions or
comments.

Regards,

Dianna J. Rosser
Vinson & Elkins L.L.P.
Business and International Section
3300 First City Tower
1001 Fannin Street
Houston, Texas 77002-6760
tel: (713) 758-3688
fax: (713) 615-5899
email: drosser@velaw.com

          ++++++CONFIDENTIALITY NOTICE+++++
The information in this email may be confidential and/or privileged.  This
email is intended to be reviewed by only the individual or organization
named above.  If you are not the intended recipient or an authorized
representative of the intended recipient, you are hereby notified that any
review, dissemination or copying of this email and its attachments, if any,
or the information contained herein is prohibited.  If you have received
this email in error, please immediately notify the sender by return email
and delete this email from your system.  Thank You
 <<404950_3.pdf>>   <<404984_2.pdf>>   <<404917_5.pdf>>   <<404980_2.pdf>>
 <<404948_2.pdf>>   <<404983_4.pdf>>   <<404981_5.pdf>>   <<404914_4.pdf>>
 <<404942_5.pdf>>

 - 404950_3.pdf
 - 404984_2.pdf
 - 404917_5.pdf
 - 404980_2.pdf
 - 404948_2.pdf
 - 404983_4.pdf
 - 404981_5.pdf
 - 404914_4.pdf
 - 404942_5.pdf


Sequent has provided notice to terminate the Asset deal on Oct 31, 2002.  The deal would have automatically extended to Oct 31, 2003 had notice not been provided.

FYI

Frank


July 13, 2001

TO:	Participants of the DISCO of the Future Forum

BY:	Jamie Wimberly

RE:	Minutes of Our Last Forum Meeting in June

Please find attached the minutes of our last Forum meeting.  The minutes
should be considered as a roadmap for what we will revise in the final
report and what needs to be further considered by the respective
Subcommittees.

 - DISCO II June Minutes.doc