So I'm assuming that you support the plan?

Best,
Jeff

-----Original Message-----
From: Mike Florio
Sent: Mon 9/24/2001 11:13 PM
To: Dasovich, Jeff
Cc:
Subject: Re: Dissent from Commissioners Bilas and Duque Opposing Suspension of DA

I have a new description of PG&E's reorg plan-- it is the ultimate
expression of their longstanding affliction with Enron-envy.  Now that
they're cutting loose the UDC/LDC, they can fall flat on their faces with
no safety net (except the hydro, of course).   MIKE

At 04:43 PM 9/24/2001 -0500, you wrote:

> >  Commissioners Henry M. Duque and Richard A. Bilas, dissenting:
> >
> > One could say that this order is consistent with the Administration's
> > present third world country mentality. We are punishing the very
> > consumers and providers who made a commitment to ensuring electric
> > restructuring did work by adding a demand retail component to cure the
> > dysfunctions in the wholesale market.
> >
> > We are not convinced that the Department of Water Resources (DWR) bond
> > ratings depend on killing direct access.  This notion is a scare
> > tactic and a smoke screen. Direct access comprises such a small
> > percentage of overall demand that it cannot reasonably be seen to be a
> > threat to the sale of the bonds. Direct Access should be seen as a
> > benefit to DWR.  It would decrease the amount of the utilities net
> > short obligations and relieve DWR from its power purchasing
> > responsibilities sooner.
> >
> > Something else is going on here. We think that the DWR does not want
> > direct access because if the public is presented with alternatives, it
> > will make DWR's purchasing mistakes abundantly clear. The Commission
> > should be holding hearings to test the assertions being made by DWR,
> > Finance and the Treasurer.  Instead, the Commission is making an ill
> > informed, panicked decision to act now and study the repercussions
> > later.
> >
> >       DWR and the bonds should not be threatened by direct access if
> > DWR is making prudent energy purchases. Only if DWR's contracts are
> > too expensive, relative to market, will customers seek shelter in
> > lower direct access prices. Indeed, retaining direct access as a way
> > to send price signals to consumers may be the only way to place
> > pressure on DWR to make more prudent purchases. This is a very
> > important consideration since AB 1X prevents us from engaging in any
> > prudency review of the DWR costs to be passed through to ratepayers in
> > order to repay the bonds. If there is no yardstick, how can anyone
> > measure DWR performance? The answer is, one can't, unless SB 18xx is
> > signed into law.
> >
> >       We think that additional review of these issues, before
> > suspending direct access, would have produced a more sound decision in
> > the long run.
> >
> > For these reasons we must respectfully dissent.
> >
> >
> >
> >
> > /s/ HENRY M. DUQUE                              /s/ RICHARD A. BILAS
> >         Henry M. Duque
> > Richard A. Bilas
> >         Commissioner                                     Commissioner
> >
> > September 20, 2001
> >
>
>
>**********************************************************************
>This e-mail is the property of Enron Corp. and/or its relevant affiliate
>and may contain confidential and privileged material for the sole use of
>the intended recipient (s). Any review, use, distribution or disclosure by
>others is strictly prohibited. If you are not the intended recipient (or
>authorized to receive for the recipient), please contact the sender or
>reply to Enron Corp. at enron.messaging.administration@enron.com and
>delete all copies of the message. This e-mail (and any attachments hereto)
>are not intended to be an offer (or an acceptance) and do not create or
>evidence a binding and enforceable contract between Enron Corp. (or any of
>its affiliates) and the intended recipient or any other party, and may not
>be relied on by anyone as the basis of a contract by estoppel or
>otherwise. Thank you.
>**********************************************************************


Mark and Mark,
I sent out a blacklined document with the additional changes on Friday and we received this today.  Kim is following up to find out what they mean by significant problems with the integrity of the data.  How do we respond to the warranty issues they raise?
Brent
 -----Original Message-----
From: 	Theriot, Kim S.
Sent:	Monday, October 22, 2001 9:15 AM
To:	Hendry, Brent; Moore, Janet H.
Subject:	Williams New Comments-EOL Amendment
Importance:	High

Well....we thought we were close but look at Williams latest comments....How do we proceed from here??

Kim

 -----Original Message-----
From: 	"Jones, Gayla" <Gayla.Jones@Williams.com>@ENRON
Sent:	Monday, October 22, 2001 8:28 AM
To:	Theriot, Kim S.
Cc:	Poole, Tracy; Crew, Jerry
Subject:	Problem

 We just thought we were going to get this signed. The Confirmations supervisor has some problems as outlined below. Can we fix this in the amendment?  Do you want us to send language?
I would like to hold off executing this amendment until we can include a warranty provision (including remedies) regarding the accuracy of the "electronic records of the EOL transactions" . This is a result of:
?       the current EOL service agreement disclaims all warranties as to the accuracy of the website information (Sec 4.b of the service agreement)

?       the amendment in its current form does not warrant the accuracy of the electronic information, yet it will replace the confirmation, and

?       we are currently experiencing significant problems with the integrity of the data obtained from the website,  which I would have to assume would be the same data that would replace the confirmations.

Gayla Jones (Gayla.Jones@Williams. com)
Contract Administrator
Williams Energy Marketing & Trading Company
One Williams Center MD18-5
Tulsa OK 74172
918-573-5716
918-573-1935 (fax)
918-632-4923 (pager)


I will send you the info.  After I prepare the confirms, I want you to take a
look at them before they go.  When is a good time for me to  come down this
afternoon?

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


Names of the 5 people fired disclosed below:

5 State Energy Advisors Fired Over Conflicts Ethics: The consultants were involved in buying electricity for California from a generator whose stock they owned, setting up a clash of official duties, personal interests.
JEFFREY L. RABIN; DARYL KELLEY; RICH CONNELL
TIMES STAFF WRITERS

07/28/2001
Los Angeles Times
Home Edition
A-1
Copyright 2001 / The Times Mirror Company

The Davis administration, stung by charges of excessive secrecy, disclosed late Friday that it has fired five energy consultants because of conflicts of interest involving their official duties and personal finances.
A sixth consultant hired to help California purchase electricity has quit, according to state records.
All were involved in purchasing electricity for the state from a generator whose stock they owned.
In addition, the top lawyer for the agency buying the power was removed from her position because of concern about the way the issue of potential conflicts was handled.
Top advisors to Gov. Gray Davis told The Times that they learned of the conflicts in the last week, after belatedly asking the consultants to file required economic disclosure statements. A review of those documents, which included stock holdings, showed that some of the consultants "may have crossed the line," said the governor's senior advisor, Nancy McFadden.
State law prohibits officials from participating in decisions involving their personal financial interests.
Although portraying himself as seriously concerned that such conflicts could undermine public confidence, the governor has not required some of his most influential private-sector advisors to file the kind of disclosure statements that led to the firings.
Among them are two Wall Street veterans who have been most influential in promoting the governor's energy rescue plan, which includes the largest state bond sale in U.S. history.
The New York firms that employ executives Joseph Fichera and Michael Hoffman have been paid $275,000 a month to, among other things, help pitch the $12.5-billion bond issue to Wall Street analysts and state lawmakers. The companies stand to make an additional $14 million if the state goes through with the purchase of utility transmission lines.
Davis contends that Fichera, Hoffman and their associates fall into a separate category of advisor, beyond the reach of the state's political reform laws. Critics question the distinction.
"The governor's approach may be convenient for him," said Jim Knox, executive director of the watchdog group California Common Cause, "but it ignores the law."
Disclosure is crucial because the public needs to know that "decisions are not being made by people who have a conflict of interest," Knox said. "Trying to evade the law with a creative use of semantics is not what they ought to be doing."
The firings disclosed Friday are unlikely to diminish criticism surrounding the more than 50 consultants and advisors hastily hired by the administration as it rushed into the power trading business this year.
More than $25 million is being spent by the state on consultants, according to state records.
In the process, seemingly little attention was paid to routine government ethics laws.
It took six months for state officials to direct the consultants to file even basic disclosures of their personal finances, including investments. The state Political Reform Act normally requires such forms to be filed publicly within 30 days of starting work for state agencies.
Even with the hastily ordered disclosures made public thus far, the circumstances of most of the stock transactions remain a mystery because key information was omitted. Most of the consultants, for example, failed to state when they bought the energy stocks.
One of those pressing hardest for an investigation of possible conflict of interest violations and insider trading is Secretary of State Bill Jones, a Republican who hopes to challenge Davis next year. Jones has accused the governor of "a conscious policy of secrecy" in enforcing compliance with public disclosure laws. This week Jones called for a federal Securities and Exchange Commission probe of stock purchases by state energy consultants.
4 Traders Owned Shares of Calpine
The four traders removed this week all owned shares of Calpine Corp., a San Jose-based power generator that has landed the largest share of the $43 billion in long-term state power contracts. Their investments ranged from several thousand dollars to more than $100,000, records show.
While working for the state Department of Water Resources, officials said they bought undetermined amounts of Calpine power on the state's behalf. More than $14 million worth of electricity was purchased from the state by Calpine in the first quarter of this year, according to the most recent records available.
"We did not want them making governmental decisions and holding these stocks," the governor's legal affairs secretary, Barry Goode, said in an interview.
The highest-ranking consultant removed, Richard Ferreira, was hired on a $500,000 contract in January to assist in obtaining bids for long-term power and negotiating contracts, records show.
A former assistant general manager with the Sacramento Municipal Utility District, Ferreira was paid $200 an hour by the state. After he disclosed owning as much as $10,000 in Calpine stock, officials discovered he had participated in a review of one of the company's contracts. Ferreira could not be reached for comment.
The governor's office identified the other four as traders William F. Mead, Herman Leung, Constantine Louie and Peggy Cheng, most of whom could not be reached Friday by The Times.
All of them formerly worked as energy schedulers at the Power Exchange, a now-defunct energy market similar to a stock exchange created in the early days of California's electricity deregulation.
Hired by the state in February and March, the four signed temporary contracts calling for maximum payments of between $15,000 and $21,000 a month, including living expenses in Sacramento and flights home to Southern California.
Mead, 55, a former Edison engineer, said state officials never warned him that owning energy stock was a problem until they demanded that he sell the stock a week ago.
He said he bought nearly all of his shares 2 1/2 years ago for $12,000 and saw its value skyrocket as the stock split three times, doubling in value each time.
Mead said he was called by the head of the state's energy buying team Thursday and fired.
"I asked very directly, 'Is this because of the stock?' and they wouldn't give me an answer," Mead said. "[He] just said your services are terminated.
"I came up here, away from home, living in a hotel room, trying to keep the lights on, trying to get the state through a crisis and now I get a finger pointed at me as if I'm some sort of criminal. I guess it's just politics and we're the pawns."
Administration officials said they also are examining the actions of other traders, including one who bought Calpine stock just before beginning work for the state. That trader, Elaine Griffin, who also came from the Power Exchange, left the state power buying operation July 14, three days after disclosing her energy industry investment. Griffin, who the governor's office said had obtained another job, could not be reached for comment.
Griffin reported purchasing $10,000 to $100,000 of Calpine stock on Feb. 1, in her final days working at the electricity exchange.
A few days later, Calpine signed and announced a $4.6-billion, 10-year deal to sell power to the Department of Water Resources.
On Feb. 20, Griffin joined the state power buying agency, just as the state and Calpine were finalizing an additional $8.3 billion in power contracts. One of those, a 20-year deal signed Feb. 27, was the longest.
The state has awarded Calpine about $13 billion in contracts to supply power for up to 20 years.
In addition to the state consultants who bought Calpine stock, two others reported owning stock in Texas-based power marketing giant Enron Corp. And two more bought stock in Southern California Edison, the faltering utility that Davis has committed himself to saving from bankruptcy.
Another consultant bought stock in Reliant Energy of Houston, a large power plant operator that bought several California plants from utilities after deregulation.
Bernard Barretto, an energy trader, who buys energy on the daily spot market, said in an interview that he bought about $2,000 in Enron stock shortly before he began work for the state Feb. 28.
Purchase of Enron Stock Defended
"I don't see a conflict," he said. "At the time, we weren't really dealing with Enron. I [still] haven't bought from Enron."
Barretto said he never considered his Enron ownership a possible conflict until he received notice July 18 that he had to sell the stocks by noon or lose his job.
That notice came from Goode, the governor's lawyer.
"We expect and have always expected the state's consultants to uphold the highest ethical standards," he wrote. "That standard is not met by those who hold a financial interest in one or more energy companies while trading on behalf of the state on energy related matters."
"Therefore each consultant who holds an interest in an energy company must divest himself or herself of that interest by noon today. If he or she refuses, the state will sever its contract with that person."
However, the governor's office has taken a distinctly different stance with his closest financial advisors, Fichera and Hoffman.
Davis aides cite an opinion sought last week from attorney Raquelle de la Rocha, a former member of the Los Angeles Ethics Commission and the state Fair Political Practices Commission. She concluded that the advisors do not have to file disclosure statements because they are contractors, not consultants, and will be working for less than a year on a limited range of projects.
Fichera is Davis' point man on the governor's energy rescue plan--including the unprecedented bond sale. He has pitched the plan to lawmakers, reporters and the Wall Street financial community. Fichera refused to comment on the record.
Fichera and Hoffman's companies, Saber Partners and Blackstone Group, prepared a controversial analysis that helped underpin legislative approval of the bond measure, intended to pay for past and future power buying.
Pact Specifies Financial Advice
The state's contract with the Fichera and Hoffman firms calls for them to provide "financial advisory services" to the state.
The decision not to require public disclosure of their financial holdings stands in sharp contrast to the approach taken with Montague DeRose and Associates. That consulting firm was hired on a $1.8-million contract. Like the other two firms, it too was hired to provide "financial advisory services" to the state.
That firm's top advisor, Douglas S. Montague, was required by the administration to fill out a disclosure statement. He reported no power company interests.
The governor's legal advisors said the difference is that Montague is on a longer contract.

PHOTO: Barry Goode, above, governor's legal affairs secretary.;

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


2/15/00

Please plan to attend the following meeting

Topic:  Cilco
Date:   Tuesday, February 15, 2000
Time:  3:00-4:00pm
Location: EB37C1

If you have any questions, please contact me or Howard Camp x3-7649


That's cool about lunch.  My tummy is feeling pretty gross anyway so it's best that I just live off salads and sandwiches this week anyway.  I am supposed to go to the meeting on Thursday, and would greatly appreciate a ride there and home.  After the meeting would you drive me to my car or home because I can get Mom to take me to the bus in the morning on Thursday if you'd rather take me home than drive all the way to the park&ride.  It's up to you, just let me know what's easier for you.  Did you get your board book yet for the meeting?  I mailed them all out this morning and put a little note for you in yours.  :)  I hope you're having a good day.  I'll talk to you tonight.  I love you!!
Love,
Caron


----- Forwarded by Steven J Kean/NA/Enron on 01/02/2001 09:45 AM -----

	Alan Comnes@ECT
	12/22/2000 03:46 PM

		 To: Steven J Kean/NA/Enron@Enron, Ginger Dernehl/NA/Enron@Enron, Tim
Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT
		 cc:
		 Subject: Re: Charts

Use this file:  I have dated the forward price curve chart so that it is
clear it is prices as of today.

GAC

Alan Comnes
12/22/2000 01:39 PM
To: Steven J Kean/NA/Enron@Enron, Ginger Dernehl/NA/Enron@Enron
cc: Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT

Subject: Charts

Steve, Ginger:

The first file has the charts and data you requested.

I am also forwading some charts on price caps.  You may be interested in the
charts on California Stage 1/2/3 emergencies.

Alan Comnes


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 01/26/2000
08:31 AM ---------------------------

troy_a_benoit@reliantenergy.com on 01/26/2000 08:23:47 AM
To: Ami Chokshi/Corp/Enron@ENRON
cc:

Subject: FEB NOMS

(See attached file: HPL-Feb.xls)

 - HPL-Feb.xls


Mary Ogden was on my committee for the Ronald McDonald house and secured the
Enron treats.   Contact her, she may be able to assist you.

dp


We have also bought HE 10 and HE 11 from the APX.  We bought 35 mws for HE 10 at $35, and 31 mws for HE 11 at $35.

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Thursday, July 12, 2001 1:47 PM
To:	Bland, Todd; Dean, Craig; Guzman, Mark; Harasin, Leaf; Linder, Eric; Merriss, Steven; Meyers, Bert; Porter, David V.; Slinger, Ryan; Solberg, Geir; Symes, Kate; Williams III, Bill
Subject:	Short for Friday and Saturday

Group,

We are short 50 mws in ST-WBOM at $42.88 for HE 7-22 Friday and Saturday in SP-15.

I have picked up some shaped mws from the APX for the afternoon peak on Friday.  These pieces will need to be scheduled with the APX as the counterparty for HE 12-20.

HE 12: 26 mws
HE 13: 23 mws
HE 14: 20 mws
HE 15: 17 mws
HE 16: 18 mws
HE 17: 16 mws
HE 18: 17 mws
HE 19: 20 mws
HE 20: 19 mws
Price is $35.

ST-CALI is also 25 mws short both days on-peak.

Thanks,
Bill


----- Forwarded by Jeff Dasovich/NA/Enron on 03/19/2001 10:13 AM -----

	Andy Brown <ABB@eslawfirm.com>
	03/16/2001 06:19 PM

		 To: "'Julee Malinowski-Ball'" <jmball@ns.net>, Susan McCabe
<smccabe@mccabeandcompany.net>, Scott Govenar <sgovenar@govadv.com>, Ron Tom
<thackbarth@govadv.com>, Robert Ross <robbiz@cwo.com>, Rina Venturini
<rventurini@teamgsi.net>, Phil Isenberg <Isenberg@HMOT.com>, Mike Monagan
<mrmonagan@aol.com>, Maureen OHaren <Oharen@HMOT.com>, Marie Moretti
<mmoretti@mccabeandcompany.net>, Kassandra Gough <kgough@calpine.com>, Jamie
Parker <jparker@hmot.com>, Hedy Govenar <hgovenar@govadv.com>, DJ Smith
<djsmith@smithandkempton.com>, Delany Hunter <dhunter@smithandkempton.com>,
Chuck Cole <ccole@advocation-inc.com>, Bev Hansen <bhansen@lhom.com>, Anne
Kelly <kelly@hnks.com>, Fred Pownall <fred_pownall@ka-pow.com>, Mark Nobili
<mnobili@cal-lobby.com>
		 cc: Jean Munoz <jmunoz@mcnallytemple.com>, Greg Blue <gtbl@dynegy.com>, Jack
Pigott <jackp@calpine.com>, Jeff Dasovich <Jeff.Dasovich@enron.com>, Joe
Ronan <joer@calpine.com>, John Stout <john_h_stout@reliantenergy.com>, kent
Palmerton <kent.palmerton@williams.com>, "Larrea, John"
<John.g.Larrea@williams.com>, Lynn Lednicky <lale@dynegy.com>, Paula Soos
<paula_soos@ogden-energy.com>, Richard Hyde <rwhyde@duke-energy.com>, Roger
Pelote <roger.pelote@williams.com>, Sandi McCubbin <smccubbi@enron.com>,
Stephanie Newell <stephanie-newell@reliantenergy.com>, Steve Ponder
<steve_ponder@fpl.com>, Sue Mara <smara@enron.com>, Jan Smutny Jones
<smutny@iepa.com>, Steven Kelley <steven@iepa.com>, Katie Kaplan
<kaplan@iepa.com>, Chris Ellison <CTE@eslawfirm.com>, Doug Kerner
<runwithmee@aol.com>, Andy Brown <ABB@eslawfirm.com>, Nam Nguyen
<nam.nguyen@powersrc.com>
		 Subject: Confidential: Follow-up re Action Items from 3/15 IEP Lobbyist Ca
ll and 3/16 drafting meeting on 60x

This email is a follow-up to yesterday's lobbyist conference call and
today's meeting re potential language changes on 60x.  Attached are two sets
of draft amendment language that were discussed today consistent with a
general strategy on the bill that was discussed yesterday.  That strategy,
generally speaking, keys off an expected Calpine meeting with Hertzberg on
Monday, and is as outlined again below.  Comments / concerns with language
and/or general strategy should go to Julee for IEP by Monday COB for
consideration in next steps as mentioned in the action items.

The anticipated approach with the Hertzberg will be:

A) Persuade him that the "California First!" notion as presented in this
bill (and elsewhere) is not a good policy approach and that the bill should
be killed because: it will be interpreted as protectionist by other states
and will lead them to retailiate; it will isolate California from existing
supplies elsewhere that could help serve California loads; it could deny CA
access to new generation built in other states that could help CA; it will
slow CA projects "in the pipeline"; it will undermine existing commercial
arrangements that developers have _with_ California entities from CA
projects in the pipeline, etc.

If this does not happen, then ...

B) Persuade him to change the bill into something else (as in
carrot/incentive and not a stick that increases commercial and development
risks);

if this does not work and he will consider alternate language which does not
disrupt existing arrangements, then ...

C1) Take the more extensive "bulletproof" language, attached as "C1", which
protects any existing commercial arrangements and provides a method to bring
buyers and sellers together via a notice to interested purchasers maintained
by the CEC;

if that does not work and he will consider alternate language on another
approach which will not disrupt existing arrangements, then ...

C2) Take the "offer to negotiate" language, attached as version "C2", which
was the language developed and circulated yesterday (with the addition of
irrigation districts to the list of folks to whom the offer to negotiate is
extended),

and if that doesn't work, then

D) he wants to disrupt existing commercial relationships and he wants to
adopt a protectionist "California First!" policy which we cannot fix or
support.

Option C1 = file = C1_010315_IEPrev3b_abx1_60_bill_20010312_amended_asm.doc
Option C2 = file = C2_010315_IEPv3_abx1_60_bill_20010312_amended_asm_.doc

ABB

Andrew B. Brown
Ellison, Schneider & Harris, LLP
2015 H Street
Sacramento, CA  95814
Phone: (916) 447-2166
Fax: (916) 447-3512
mailto:abb@eslawfirm.com

CONFIDENTIALITY NOTICE:  This communication and any accompanying document(s)
are confidential and privileged.  They are intended for the sole use of the
addressee.  If you receive this transmission in error, you are advised that
any disclosure, copying, distribution, or the taking of any action in
reliance upon the communication is strictly prohibited.  Moreover, any such
inadvertent disclosure shall not compromise or waive the attorney-client
privilege as to this communication or otherwise.  If you have received this
communication in error, please contact the sender at the internet address
indicated or by telephone at (916)447-2166. Thank you.

-----Original Message-----
From: Julee Malinowski-Ball [mailto:jmball@ns.net]
Sent: Thursday, March 15, 2001 3:26 PM
To: Susan McCabe; Scott Govenar; Ron Tom; Robert Ross; Rina Venturini;
Phil Isenberg; Mike Monagan; Maureen OHaren; Marie Moretti; Kassandra
Gough; Jamie Parker; Hedy Govenar; DJ Smith; Delany Hunter; Chuck Cole;
Bev Hansen; Anne Kelly; Fred Pownall; Mark Nobili
Cc: Jean Munoz; Greg Blue; Jack Pigott; Jeff Dasovich; Joe Ronan; John
Stout; Kassandra Gough; kent Palmerton; Larrea, John; Lynn Lednicky;
Paula Soos; Richard Hyde; Roger Pelote; Sandi McCubbin; Stephanie
Newell; Steve Ponder; Sue Mara; Jan Smutny Jones; Steven Kelley; Katie
Kaplan; Chris Ellison; Doug Kerner; Andy Brown; Nam Nguyen
Subject: Action Items from Today's Lobbyist Call

ACTION ITEMS from today's IEP member company lobbyist conference call:

AB 60x (Hertzberg)
- Calpine will attempt to get a meeting with the Speaker on Monday regarding
his interest in other "California First" avenues, and report the results to
IEP.

- In anticipation of using Plan B, there will be a drafting meeting on
Friday (3/16) at 11am in IEP's office to fine-tune the current IEP proposed
amendments (attached).

- All available lobbyists will push the Speaker's office to hold off on
moving the bill until IEP has had an opportunity to present language.

- E+M will schedule a follow-up conference call on this issue early in the
week.

- IEP will explore the possibility of an editorial campaign regarding the
poor direction of this "California First" issue, tying it to long-term
contracting.

SB 6x (Burton)
- Review IEP proposed amendments to soften the eminent domain language
(attached).

- All available lobbyists will make contact with the Pro tem's office to
support the IEP amendments.

AB 8x (Migden)
- Review IEP comments that mitigate the EOB's authority in the coordinate of
operation and maintenance scheduling (attached).

- All available lobbyists will make contact with Assembly Member Migden's
office to support a stakeholder meeting taking place, because IEP would like
to make this bill work.

SB 39x (Speier)
- IEP will explore the possibility of including in its PR efforts on
maintenance and outages, the IOU- and labor-run nuclear facility being down
for an extended period of time.

PLEASE SHARE ANY INFORMATION YOU GET WITH ME FROM YOUR CONTACT WITH ANY OF
THE ABOVE-NAMED MEMER'S OFFICES.

THANKS.

> Julee Malinowski-Ball
> Senior Associate
> Edson + Modisette
> 916-552-7070
> FAX-552-7075
> jmball@ns.net
>
>

 - C1_010315_IEPrev3b_abx1_60_bill_20010312_amended_asm.doc
 - C2_010315_IEPv3_abx1_60_bill_20010312_amended_asm_.doc


that could work...they do have food and it's not horribly crowded on Thursdays.

 -----Original Message-----
From: 	Gillette, Lisa
Sent:	Wednesday, May 23, 2001 1:44 PM
To:	Scott, Susan M.
Subject:	another suggestion

how about the black lab on montrose?


i assume you saw this but this is a great message for whatever we undertake
in CA. see you friday.  if you need to chat before that, just buzz me in the
office or on the cell.

NEWS MEDIA CONTACTS:                                      FOR
IMMEDIATE RELEASE
Jill Schroeder 202/586-4940     Wednesday, June 20,
2001
Tom Welch 202/586-5806

Energy Department Study Warns
Price Controls Will Cause
California Blackouts to Worsen

(WASHINGTON, DC) -- The Department of Energy released a report today that
indicates that proposed wholesale electricity price controls in California
could double the number of rolling blackouts from 113 to 235 hours and
increase the number of households in the dark to about 1.575 million.

The report, The Impact of Wholesale Electricity Price Controls on California
Summer Reliability, was prepared by the Department's Office of Policy at the
request of U.S. Senator Frank Murkowski (R-Alaska).  It evaluates the
probable effect of two alternative price cap proposals and concludes that
they "are likely to increase the number of hours and the magnitude of the
outages that California will experience."

Energy Secretary Spencer Abraham said the study confirms the federal
government's concern regarding price controls.  "The findings of this report
are a clear warning that price controls will not help, but only hurt the
situation in California," Secretary Abraham said.  "Minimizing the number of
blackouts ought to be our principal goal because more intense blackouts
would greatly imperil the health and safety of California's citizens and
would undermine the state's economy at least as much as high prices. Our
analysis is that blackouts will be worse and last longer if price controls
are established."

The two proposals analyzed by the Energy Department are the $150 Hard Cap
and the Cost-Plus-$25 Price Cap advocated by California Governor Gray Davis
and some Western lawmakers.  The report concludes a $150 Hard Cap "could
force as much as 3,600 megawatts of generating capacity in the State to shut
down."  Likewise, a Cost-Plus-$25 price cap results in the delay or
abandonment of about 1,300 megawatts of capacity scheduled to be constructed
in the state.

(MORE)

R-01-099

-2-

"The problem with many of the price control proposals made so far is that
they either make it uneconomic for some of the highest cost plants to
operate, or they provide a strong disincentive for adding the type of
peaking capacity California hopes to bring on line this summer through their
expedited siting process," Secretary Abraham said.  "This report confirms
the President's statement made in California that 'Price caps do nothing to
reduce demand and they do nothing to increase supply."

The report also concludes that the price control proposals it analyzed
"could significantly increase blackouts this summer, threatening public
health and safety."  Both proposals directly translate into additional hours
of outages and households affected.  The analysis of the $150 Hard Cap
proposal concludes that the number of hours of blackouts is projected to
more than double to about 235 hours, with the average outage size increasing
about 230 megawatts.  Approximately 175,000 additional households would be
affected.  Similarly, the report projects that the Cost-Plus-$25 Price Cap
proposal will increase the number of hours of expected outages by about 25
percent this summer, with the average outage size increasing about 120
megawatts.  Approximately 90,000 additional households could be affected.

Under current conditions the department expects that California will
experience between 113 hours of rolling blackouts this summer with an
average outage size of about 1,900 megawatts, effecting roughly 1.4
households.  One megawatt is roughly enough energy to power 750 households.

The Impact of Wholesale Electricity Price Controls on California Summer
Reliability, can be found on the Department of Energy's web site at

-DOE-

R-01-099

 - CA-0615.pdf


im not i was on the phone with carolyn

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 11:07 AM
To:	Maggi, Mike
Subject:

why are you ignoring me?


thank you dear.

 -----Original Message-----
From: 	Hernandez, Morela
Sent:	Monday, October 15, 2001 11:46 AM
To:	Causholli, Monika
Subject:	Car Insurance

Here's the agent I've talked to. She's really nice :-)
Janette Redou
3642 University
Houston, TX 77005-3360 map </cgi-bin/db2www/agtmap.d2w/report?agt=8389&'reg'=25&st=53>
Phone: (713) 666-3642
Fax: (713) 666-8029
Email: JANETTE.REDOU.LJ3W@STATEFARM.COM  </cgi-bin/agtmail.cgi?email_addr=JANETTE.REDOU.LJ3W@STATEFARM.COM&pref_name=JANETTE&last_name=REDOU>
Office Hours:
Mon-Fri 9:00am to 5:00pm
Sat 9:00am to 1:00pm
After Hours by Appointment
Find a Claim Office </claims/fndoffc.htm>

http://www.statefarm.com/cgi-bin/db2www/agtqry1.d2w/report


John,

I agree, and suggest the following:

Upon resolution  of such dispute, any amounts owing will be paid within  five
business days.

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


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

    LOG MESSAGES:

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

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


Happy to hear you are ok, Mark.  Do you need aything we can we can fed ex to
you (or get to you in another manner if necessary?).  Please let us know.

Sherri for Jeff...

"Mark Skilling" <markskilling@hotmail.com> on 08/16/99 10:12:16 PM
To: tskilling@tribune.com, tomskilljr@aol.com, Jeff
Skilling/Corp/Enron@Enron, mmmmisha@ix.netcom.com,
mlangermann@2onesource.com, ermak@gte.net
cc:
Subject: Re: earthquake---are you all right?

Just got on line.  Surprised it was possible.  Electricity out, so probably
only us with battery powered lap tops clogging things up.

Everything ok here, so far.  Got a pretty good shake.  Was out in the
streets for a couple of hours, with everyone else.  My neighborhood up on
solid rock, so things looked mostly ok.  Lots of old and bad construction
here; stones in the street.  One upper floor (abandoned) apartment half a
block from here collapsed and much debris in the stereets.  No apparent
injuries, however, in my neighborhood.  Unfortunately, other areas not so
lucky.  Saw 6.7 estimate for Izmit, the center, here (one place I passed had
a genertor and had a tv out for everyone to see).  Passed women praying, men
reading Koran, most just huddled in groups talking. Strange being in the
middle of it all with limited ability to communicate.  Know a few folks in
neighborhood and we had a few basic chats, though its amazing how much I
learned even from them.  Already knew the Turkish word for earthquake, which
is depram (revolution is devrim) and came in handy.

A few seagulls just went by and I think a neighbor down stairs up and about;
mistook that comotion for an aftershock.  A little rattled myself; much like
after SF quake.  I think memory of that still deep seeded in my
subconscious.

Again, this new technology amazes.  Better get off and save my battery.  May
need it.

Thanks for the note.  It was good to see your messages there.  I'll send
this to the rest of the family, but if they call tell them I'm ok and
worried about them worrying about me.

Love,

Mark

>From: <tskilling@tribune.com>
>To: "Mark Skilling" <markskilling@hotmail.com>
>Subject: Re: earthquake---are you all right?
>Date: Mon, 16 Aug 1999 21:55:16 -0500
>
>      Mark--
>          Have just received word of the earthquake there.  Reports are
>      preliminary but they are reporting it hit just after 3AM your time
>and
>      that buildings have collapsed and there are deaths--though they
>      haven't said how many.  It's being estimated at 7.1.
>          I've called Mom and Dad---clearly, Mark, we're very concerned.
>      Let us know you're all right.
>          Have been meaning to get to you to say hello. Hvae been following
>      your e-mails.
>          We're told phone lines are out--so haven't any idea when this
>      might get to you. Please let us know you're all right.
>          Thanks Mark.
>
>                                        Love,
>                                       Tom
>

______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


Tasha,

Sorry I missed your B-Day. I wasn't feeling too great on Saturday so I just
layed low. Do you want to get together for a drink one night this week?

w/b

Chris


Krishna,

We should invite Kim Watson and her associates as well.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/15/2000
08:54 AM ---------------------------

Shirley Crenshaw
02/14/2000 11:27 AM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Pinnamaneni
Krishnarao/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT, Joseph Hrgovcic/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT,
Tanya Tamarchenko/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT, Jason
Sokolov/HOU/ECT@ECT, Vincent Tang/HOU/ECT@ECT, Alexios Kollaros/HOU/EES@EES,
Martin Lin/HOU/ECT@ECT, Maureen Raymond/HOU/ECT@ECT, Osman
Sezgen/HOU/EES@EES, Paulo Issler/HOU/ECT@ECT, Michael Sergeev/HOU/ECT@ECT,
Patricia Tlapek/HOU/ECT@ECT, Farouk Lalji/HOU/ECT@ECT, Roman
Zadorozhny/HOU/ECT@ECT, Samer Takriti/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Amitava Dhar/Corp/Enron@ENRON, Alex Huang/Corp/Enron@ENRON, Ronnie
Chahal/HOU/EES@EES, Kevin Kindall/Corp/Enron@ENRON, Kevin G
Moore/HOU/ECT@ECT, Clayton Vernon/Corp/Enron@ENRON, William
Smith/Corp/Enron@ENRON, Ravi Thuraisingham/Enron Communications@Enron
Communications, Leandro Ibasco/Corp/Enron@Enron, Yanna
Crystal/Corp/Enron@ENRON
cc:
Subject: Presentation on Equilibrium Modeling for Gas Market

The following presentation will be this Friday, the 18th of February from
1:00 pm to 3:00 pm in EB 19C2 (Our large conference room).

Please plan to attend this presentation by ICF Consulting. Time: Friday 18th,
1PM

Agenda for Presentation by ICF Consulting

1.  Qualifications for ICF Consulting (6 slides)

 A. Energy consulting background (2 slides)
 B. Experience with computational market equilibrium modeling methodolgies (2
slides)
 C. Experience of key ICF individuals (2 slides)

2. Description of Enron,s Modeling Interests (to be discussed with Enron)

3. ICF,s Intertemporal, Interregional Equilibrium model of the North American
Natural Gas Analysis
 System (NANGAS) (14 slides)

 A. Overview of NANGAS (2 slides)
 B. Upstream components  (3 slides)
 C. Downstream components (4 slides)
 D. Computation of market equilibrium prices, quantities, and flows (5 slides)

4. Potential Modeling Consulting  (9 slides)

 A. Assistance in developing market equilibrium models for the energy sector
(1 slide)
 B. Investigate alternative market equilibrium models for energy applications
  i.  Models of imperfect competition (e.g., Nash-Cournot, etc.) (3 slides)
  ii. Models of auctions in market forecasting (1 slide)
  ii. Models that incorporate stochastic inputs (e.g., stochastic
programming) to take into account risk (2 slides)

 C. Actions Items (to be completed in consultation with Enron) (2 slides)


-----Original Message-----
From: 	Kreamer, Nat
Sent:	Thursday, November 01, 2001 11:49 AM
To:	Woods, Trevor
Cc:	Affelt, Scott
Subject:	Some thoughts for the business plan

Trevor,

Sorry that I don't have more time to help.  Please keep me in the loop.  I hope this has some merit.

- Nat

Leveraging NOxTech:

1.	Selling NOxTech to power generators will:
a.	Gain critical information about the compliance plans of utilities
i.	Useful to determine NOx market participants positions (long/short)
b.	Generate profits that may be used to support the development of peaking units
i.	Since ENE funds are tight, the more positions we may support with organic cash flows the better
2.	NOxTech provides a high performance, low total evaluated cost NOx reduction technology
a.	Enables ENE to build peaking units that may manipulate the market
i.	Take advantage of shortages
ii.	Create shortages
iii.	Enable an understanding of prices / price transparency
b.	Peaking units that include Over-fired Air modifications will provide an additional cash flow to CES / EGM Tech Ventures that will support market-to-market positions
c.	Peaking units may also support the economic foundation for double trigger contingent calls on allowances
i.	Similar to the double trigger power outage calls written by GRM (see attached presentation)
ii.	Contingent on technology failure (i.e. SCR clogs) and inflated spot price for credits

Nat Kreamer
Enron Global Markets
Enron Center South 03343
t. 713.853.6022


fyi
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 01/25/2000
11:22 AM ---------------------------

"Grant Dorfman" <gdorfman@ogwb.com> on 01/24/2000 11:31:30 AM
Please respond to "Grant Dorfman" <gdorfman@ogwb.com>
To: Richard B Sanders/HOU/ECT@ECT
cc: "Bill Ogden" <BOgden@ogwb.com>
Subject: Enron/Natole Turbine Schedule

Richard--

We have agreed to depose Ron Natole on Feb. 18 at 10 a.m., at his lawyer's
office.  I will copy you on the amended notice we are sending out today.

We have not rescinded our depo notices for the 2 Korean gentlemen, but have
agreed to reset the dates.  I expect Plaintiff's counsel will de-designate
these men rather than bring them here for their depos.  The only other notice
we sent out last week was for the designated expert from the Wood Group --
Robert Harrison.  I will attempt to obtain available dates directly from him.

With respect to the depos of Enron personnel, please check with Mike Miller
and Bob Virgo regarding their availability during the 2 weeks we discussed --
Feb. 21 and Feb. 28 -- March 3.  Of course, we will also need a block of time
in advance of the depos to prepare with the witnesses.  Bill has a trial
setting the 2nd week (Feb. 28), which may be postponed in the near future.
If it is not, I can present them for their depos.  Plaintiff's counsel has
not mentioned any other Enron personnel by name, but has generally requested
dates for anyone else we may be presenting at trial as a fact witness or
corporate rep.

The only other name that I recall having potentially significant involvement
was Dave Marshall, an ECT risk management guy who appears to have had some
discussions with IBC's Ron Anderson about Enron's requirements with respect
to repaired/refurbished parts.  Bill believes there may be other Enron
witnesses, and that Miller and Virgo will know who they are.

We are also working up a list of proposed mediators -- preferably with strong
commercial litigation experience.  Gary McGowan currently heads the list, but
I would appreciate any thoughts or suggestions you may have.

Lastly, I agree with your suggestion regarding our question as to why the
Wood Group (Robert Harrision) has appeared on Plaintiff's expert list.  It
would certainly be helpful to have Miller's thoughts on that subject.

--Grant Dorfman

 - att1.htm


As we discussed, your interview with Tim Belden will be held at 9:30 a.m. in Mt. St. Helens.


We should change all settlements at Socal to NGI Southern Border, Socal from
Southern California Border average.  This new index excludes KRS fixed priced
trades.  Please let the brokers know about the changes to Socal basis going
forward.  Please change basis and gd swing swaps (fp and index) in EOL.

Also,  Frank and Matt should set up basis and a gd swap (fp and index) for
southern border, PG&E.  This will be the index for PG&E Topock.  This index
will be effective for April 2001.  I will have the physical product out there
as soon as possible.

Let me know when they have been changed.

Mike


Gerald,

Attached is the blackline confirmation showing the change as approved by
AMUS.

We should have comments on the new ENFOLIO within the next week or so.

Thank you.

Ann Crawford
Gas Marketing
Sr. Contract Administrator

Phone: 403-266-8425
Fax: 403-290-8479

 <<ENRON OPAL 5YR B.doc>>

 - ENRON OPAL 5YR B.doc


Presentations That Work
                      June 11 & 12  8:00 am - 5:00 pm
                          in EB560    Cost:  $900
                          Limited seats available

This intensive 16-hours workshop includes nine presentations and provides
practice and feedback from peers, instructors, and videotape.  The training
focuses on instruction and practice in organization, delivery skills,
visual design and use, and question-and-answer models.  Participants will
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develop a self-improvement action plan.  Customized exercises give
participants first-hand experience in one-on-one, small group, impromptu,
and sit-down settings.

As a result of this course, you will be able to:

?    Reduce preparation time
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     ?  Organize your ideas for impact
     ?  Select appropriate details
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     ?  Design and use visuals effectively
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     ?  Handle questions and answers appropriately

Please login and enroll through the InvestInMe website,
http://www.corptraining.com/index.cfm?company=enron.  If you have any
questions, please call 713 853-0357.


Dear Customer,

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This offer is good for all orders: online, phone, fax, mail or in person.
The Offer applies only to Georg Jensen Silver flatware (not Jewelry or
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If you do not wish to hear from us again click the link, or copy it
into your web browser's address field.
http://www.thesilverfund.com/mailinglist/unsubscribe.php?email=jshankm@ect.enron.com


Frank:  Do you want to handle this or shall I?

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/22/2001 09:06 AM -----

	Carol St Clair
	05/22/2001 09:02 AM

		 To: Caroline Abramo/Corp/Enron@Enron
		 cc: Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sara
Shackleton/HOU/ECT@ECT, Paul Radous/Enron@EnronXGate, Russell
Dyk/Corp/Enron@ENRON
		 Subject: AIG Legal Opinion

Caroline,
As I have said from the outset, before we send them an ISDA, we need to
obtain from their Bermuda counsel a legal opinion that gives us the
assurances that we need that (1) all of the Bermuda transactions have been
duly authorized and are enforceable by us against AIG and (2) we have a
perfected security interest in any collateral that has been posted by AIG to
us.  A form of the legal opinion is attached to the confirm.  As to point #1,
we have no way of confirming this on our own and I understand from Brent
Hendry that because of various peculiarities with Bermuda law, our only way
of gaining comfort on this is through the legal opinion process.  As to point
#2, we have gotten some comfort from our legal counsel on this but again it
is appropriate to have AIG's counsel opine as to this.

Please call or e-mail me, Sara or Frank if you have any additional questions.

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


eSource presents Global Access training

Global Access offers an online connection to complete company information and
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I/B/E/S.  The product is designed to allow users to get complete company
information such as financials, filings, databases and news for thousands of
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Training Agenda Includes:
? General Introduction.
? Basic Reference View Query (Which provides an itemized list of all
available source data.)
? Basic Business View Query (Which pulls source data from various Global
Access content, and displays it in a presentation summary).

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Seats fill up fast! To reserve a seat, please call Stephanie E. Taylor at
5-7928
Check the eSource training page at http://esource.enron.com/training.doc for
additional training sessions and vendor presentations

http://esource.enron.com


FYI, it sounds like they now are organized about the process in New York.
Michelle

---------------------- Forwarded by Michelle Cash/HOU/ECT on 08/24/2000 02:27
PM ---------------------------

"Hoyt H. Thomas" <hhth@earthlink.net> on 08/24/2000 10:10:42 AM
To: Hoyt.Thomas@enron.com
cc: Melissa.Laing@enron.com, Trena.McFarland@enron.com,
michelle.cash@enron.com
Subject: Re: The PLAN!

Hi!  i have refined the plan a bit, please give me comments.

 - August25Plan.doc


Mark,
Per a conversation we had a while ago, one of our traders wants  a copy of a
traditional isda and the industrial master agreement.  Could I come pick up
some copies from you?
Thanks,
Kim
35463

---------------------- Forwarded by Kim Stanley/NA/Enron on 11/13/2000 09:34
AM ---------------------------

	From:  Kevin O'Donnell                           11/13/2000 10:34 AM

To: Kim Stanley/NA/Enron@Enron
cc:

Subject: Re: ISDAs for Trading (Financial Transactions)

Kim
would it be possible to get copies of 1 and 2 for a customer ?
thanks beforehand
KO'D

Kim Stanley
10/19/2000 02:49 PM
To: Greg Hermans/Corp/Enron@Enron, Kevin O'Donnell/NA/Enron@Enron, Sean
Keenan/HOU/ECT@ECT, Rahul Seksaria/Corp/Enron@ENRON
cc: Scott Mills/HOU/ECT@ECT

Subject: ISDAs for Trading (Financial Transactions)

Team, I spoke with Mark Taylor concerning ISDA's.  According to him, there
are three possibilities we can use, dependent upon counterparty:

1) Traditional ISDA.  According to Mark, most large and/or international
companies already have these in place in relation to their interest rate and
currency hedging programs.  As long as we obtain a contact in their Treasury
organization, this part of the transaction can be handed off (to them).
While this is the most complicated agreement, it is very flexible and offers
the best legal protection.

2) The Industrial Master Agreement.  This agreement is for smaller, domestic
companies who are not sophisticated borrowers.  This document is around 6
pages in length and is used to cover tangible commodity financial
transactions (i.e. steel, gas, NOT weather derivatives).  It is written in
"plain english", but is restricted to situations in which the counterparty is
domestic (exception: our candian division could transact with a canadian
company)

3) The Omnibus Agreement.   Legal does not like to use this agreement because
it doesn't afford "enough" legal protection (it's never been tested in court
where multiple transactions with the counterparty were concerned).  It looks
like a confirm with a legal annex stapled to the back and is used in
situations where a master agreement has not been signed.

Otherwise, Mark thinks we look good in terms of legal documentation (at least
from the financial side).

Kim


-----Original Message-----
From: 	Rodriguez, Grace
Sent:	Friday, November 16, 2001 3:13 PM
To:	DL-Portland World Trade Center
Subject:	RESPONSE REQUESTED: Derivatives III

Please let me know if you would be interested in attending a Derivatives III course in Portland (next year).

(We are working to create a training calendar for 2002 and would like to be sure we have enough interest to offer DIII next year.)

Thanks!
Julie & Grace


Energy Committee Members:

Following up from a presentation made to the committee a few weeks
ago....want to make sure that you are able to take full advantage of these
opportunities.  Please find attached the one-page "invitation to
participate" for the Softswitching Technologies/I-grid Power Quality
demonstration project as presented on September 5, 2001.


I'm attaching a summary status to let you know where we are and what the
preliminary project costs are looking like.  Jennifer Fraser has been trying
to identify some additional individuals from the trading organization to
provide input into the final design.  These meetings are being conducted by
IT today (3-5pm) and tomorrow (3-5pm).  Doesn't sound like she's had great
success at getting people identified.  Can you provide names of resources who
could participate ?


pls priint for my 2:00 mtg.  thanks . DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 01/25/2000
08:12 AM ---------------------------

Chris Gaskill
01/24/2000 02:10 PM
To: Melinda Tosoni/ET&S/Enron@ENRON
cc: Tony Pryor/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON

Subject: Book Structure Diagrams

Melinda

Attached are the book structure diagrams that outline the proposed book
structure for ET&S.  I have also attached the document that we reviewed with
the storage team last week.  I will bring copies of the documents to the 2:00
meeting tomorrow for review (Drew please print a copy).

Chris


----- Forwarded by Jeff Dasovich/NA/Enron on 02/06/2001 07:25 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/06/2001 07:15 PM

		 To: Rosalee Fleming/Corp/Enron@ENRON
		 cc: skean@enron.com, Christopher F Calger/PDX/ECT@ECT
		 Subject: CDWR Summary for Ken Lay

Hi Rosalee:
Attached is a summary of the proposal that ENA filed today in response to the
RFP for power and gas issued by California's DWR.  Also attached is a copy of
the complete proposal.  Steve Kean asked that I forward it along to you.
Could you please print out a copy and forward it along to Ken Lay prior to
his departure for Washington D.C.?  Thanks very much.

All the best,
Jeff


Can you please let me know if there are other deals that go with the deal #
referenced above?  We have a total of 32 MW but this is only for 5.

Thanks
Judy


thsx for the note Becky.

regards
delainey


My oh my - it's a rare occasion when I am greeted by such entertaining
e-mails in the morning. Thanks for dropping the note, even if it was just a
covert ploy to get me to deprive your enemies of their electricity. And by
the way, if I could do that, you can bet we would have already had rolling
black-outs in strategically placed Portland neighborhoods.

Yes, I did finish the book. It was very interesting, although it did lose me
for awhile in the middle. It's a super-fast read, so I'm going to send
another book along with it called "Liar's Poker." I just heard about it and
it's supposed to be hilarious - an account of the boom and doom of Wall
Street in the 1980s. I know, I know - Corporate America has taken its
stranglehold on me, and pretty soon I'll be reading the stock market quotes
for FUN! But just give it a chance; it's something a little different.

No, Anna did not give me the fair chance I deserved to get "Heartbreaking
Work..." She is clearly a tramp. I will be procuring that book for myself
later today, as I do not see any time in the near future when Anna will come
to her senses and quit being evil.

Anyway, I've got to go control the world's electricity supply now. (This
statement should be followed by a Dr. Evil type cackle; you know, the one
that comes after "One Meeeelllion Dollars....") But study up and make us all
proud. Tell all your roomies I said hi, and study....or pay the price later.

Kate

P.S. What the heck is your address anyway?


The PRELIMINARY DPR reflects a Maturity Gap Risk violation for Gas Trading in the following amount:

	LIMIT:		300 Bcf
	Maturity Gap:	(317) Bcf


Thank you sir

 -----Original Message-----
From: 	Davis, Pete
Sent:	Thursday, October 25, 2001 8:35 AM
To:	Stokley, Chris
Subject:	RE: Generation Meter Data Imported: Effective Date: 10/20/01

You got it.  No more notifications as of now.

Pete

-----Original Message-----
From: Stokley, Chris
Sent: Thursday, October 25, 2001 8:27 AM
To: Davis, Pete
Subject: FW: Generation Meter Data Imported: Effective Date: 10/20/01

Pete,
	Please take me off of the distribution list for this e-mail.

				Thanks
				  me

-----Original Message-----
From: 	Meters~1 [mailto:MeterScout@ect.enron.com]
Sent:	Thursday, October 25, 2001 8:18 AM
To:	Reyes, Jim
Cc:	mstokle@enron.com; Davis, Pete; Cavanaugh, Darren
Subject:	Generation Meter Data Imported: Effective Date: 10/20/01

Processing Generation Meter Data for Effective Date: 10/20/01
Data file has been sent to ISO.
Generation Meter Data was successfully imported.


----------------------------------------------------------------------------
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is now available at http://nationaljournal.com/pubs/techdaily/
----------------------------------------------------------------------------

AFTERNOON HIGHLIGHTS:

ANTITRUST: Supporters and opponents of the antitrust case against Microsoft
released dueling white papers in anticipation of an appeals-court ruling.

PRIVACY: Business and government officials aired an array of privacy concerns.

BUSINESS: Panelists cited the impact of the Internet as a leading reason
for securities' law reform.

E-COMMERCE: A lawyers' panel discussed the prospects for creating a
"trustmark" for e-commerce disputes.

TECH DAILY AFTERNOON FEATURE:
International Roundup: Staff Writer Maureen Sirhal looks at the top
high-tech policy news from around the globe.
Click here to go directly to the feature -
http://nationaljournal.com/pubs/techdaily/features/international/internatarc
hive2001.htm

ALSO ON NATIONALJOURNAL.COM:
-- Insider Interview: Making Sense Of The Faith-Based Initiative
http://nationaljournal.com/members/news/2001/05/0530insider.htm

-- On The Trail: Does The GOP Have Bigger Problems Than Jeffords?
http://nationaljournal.com/members/buzz/trail.htm

******************************************************
CAPITAL CAREER SOURCE TOP JOBS -- week of 5/28/01
Jeffords switches parties -- Is it time to switch jobs?

1. Cmte for Economic Devt - Pub Affairs Manager
http://4.36.215.157/cgi-bin/wc.dll?ViewPosting~_0E70TKRPV
2. Natl Senior Citizens Law Center - Executive Director
http://4.36.215.157/cgi-bin/wc.dll?ViewPosting~_0E70YLGZ4
3. NFIB - Asst Dir of Media Communication
http://4.36.215.157/cgi-bin/wc.dll?ViewPosting~_0E80KXY4S

For more jobs, go to http://www.capitalcareersource.com
******************************************************

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publications, go to http://www.nationaljournal.com.


Here is the Strike Price Election Notice letter I drafted for the Ormet
transaction.  Please let me know if this works for you.


Thank you.

 -----Original Message-----
From: 	Villarreal, Alexandra
Sent:	Monday, October 22, 2001 5:21 PM
To:	Griffith, John
Subject:	RE:

that is fine.

 -----Original Message-----
From: 	Griffith, John
Sent:	Monday, October 22, 2001 5:20 PM
To:	Villarreal, Alexandra
Subject:

What time can you get off?  I think I will work until about 5:45 is that okay?

Thank you so much for doing this.  I really appreciate it.

Just to make sure you understand what you are doing for me, you are following me to my dealership and then giving me a ride home, my dealership is up by greenspoint mall, is that okay?


Phil Lowry, Rick Craig, Julia White


i'm just entering those deals.

Evelyn Metoyer@ENRON
02/09/2001 12:57 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 2-9-01 Checkout

I am missing the following deals for Matt Motley per Prebon:

Buy from Salt River Project 25 mw of March Palo Verde at $205
Sell to Merrill 25 mw of Q3'01 NP -15 at $272
Sell to SMUD 50 mw of Q3'01 NP-15 off-peak  $165
Buy from Duke 50 mw of MEAD CAL'02- Cal'06 at $84
Sell to Duke 50 mw of Palo Verde Cal'02-Cal'06 at $75


The following deals have been entered today as wellhead purchases:

Deal #  Meter # Counterparty Tr Zn Nom Price

712357  2630  Swift Energy 18 21/d 100%           IFHSC less $1.38

712358  9603  Vintage Gas 8 100/d 84% IFHSC

Bob


---------------------- Forwarded by Steven J Kean/NA/Enron on 05/13/2001
08:00 PM ---------------------------

eserver@enron.com on 05/10/2001 02:36:34 PM
To: "Steven.J.Kean@enron.com" <Steven.J.Kean@enron.com>
cc:

Subject: <<Concur Expense Document>> - JB 003

The following expense report is ready for approval:

Employee Name: John Brindle
Status last changed by:  Automated Administrator
Expense Report Name: JB 003
Report Total: $3,976.51
Amount Due Employee: $3,976.51

To approve this expense report, click on the following link for Concur
Expense.
http://xms.enron.com


Hi All,

Do you know anyone knowledgeable about Wireless Local Area Networks (i.e.
802.11b or 802.11a)?  James Leonard and I have some technical and business
questions regarding Wireless LANs and would like to talk to some experts in
this area.

Thanks,

Kai


Darren

The counterparty short name you gave me doesn't exist in TAGG.  Is this a new name?

Kam
x3-5781


CALENDAR ENTRY:	APPOINTMENT

Description:
	Sue/Kent -

Date:		12/20/2000
Time:		1:00 PM - 2:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude     http://www.carrfut.com/research/Energy1/crude19.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas19.pdf
Distillate     http://www.carrfut.com/research/Energy1/hoil19.pdf
Unleaded     http://www.carrfut.com/research/Energy1/unlded19.pdf

Dec WTI/Brent Spread
http://www.carrfut.com/research/Energy1/clz-qoz.pdf
Dec Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack.pdf
Dec Gas Crack     http://www.carrfut.com/research/Energy1/gascrack.pdf
Dec/May Heat Spread     http://www.carrfut.com/research/Energy1/hoz-hok.pdf
Jan/Feb Heat Spread     http://www.carrfut.com/research/Energy1/hof-hog.pdf
Nov Gas/Heat Spread     http://www.carrfut.com/research/Energy1/hux-hox.pdf
Dec Gas/Heat Spread     http://www.carrfut.com/research/Energy1/huz-hoz.pdf
Nov/Mar Unlead Spread
http://www.carrfut.com/research/Energy1/hux-huh.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG19.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG19.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL19.pdf

Scott Oblander
312-762-1015
312-762-1014 fax
Carr Futures
150 S. Wacker
Suite 1500
Chicago, IL 60606


Per kevin at Goldston they will be doing a plant turnaround on the 19, 20,
21, and will be flowing 0 at the point (989603) for those days.  Just wanted
to give you a heads up in advance.


Kim, please give me a call at (505) 625-8022 concerning the above.  Im trying
to generate employee interest in the RMEF and need some help.  Ive gotten
some positive requests and involvement from some employees about the
Foundation, but would like to open it up to others in Enron.


Thanks so much for your most generous gift to complete the funding for the
professorship honoring Pinkney Walker.  I'm delighted that you plan to
attend the Davenport Society banquet on October 13.

The purpose of this e-mail, which Rosalee suggested as the most efficient
way of reaching you, is two-fold:

     1. To seek your endorsement of naming the new professorship the Pinkney
C. Walker Distinguished Teaching Professorship.  Rather than designating the
professorship for Business and Economics, for Business Theory, or for some
other area, I'd like to use it to recognize and reward a faculty member in
the College of Business who is especially known for teaching effectiveness.
Both Bob Pugh and Ralph Clark endorse this approach; I have a call into
Harold Hook to seek his input.

A few points of elaboration:
     * "Distinguished" is a standard adjective in the titles of such
positions.
     * We will use a committee of faculty and administrators within the
college to select the recipient of the professorship, subject to my
approval.
     * And, I don't know if we will have the recipient selected by October
13.

This name for the professorship (1) coincides with Pinkney's great strength,
(2) allows me to avoid any "turf battles" (either within the college or with
Economics) and (3) underscores the great importance of teaching in the
college.  Please let me know whether you are agreeable to this name.

     2. To ask you to serve as the keynote speaker for the Davenport Society
banquet on October 13.  We would be honored if you would present a brief
talk (perhaps 10 minutes in length) related to some aspect of the future of
business.  Your doing so would certainly add luster to an always festive
event.  By way of brief background, Jack and Mary Bush, MU alumni who now
live in Dallas and are co-chairs of the Davenport Society this year, have
chosen the future of business as the theme for the banquet and program.
Your talk would come after dinner and could be preceded or followed
(probably followed) by the announcement of the Pinkney Walker Professorship.
I understand from Rosalee that you will be giving a talk in Austin the
morning of October 13; perhaps an abridged version of it would be suitable
for the Davenport Society banquet.  Of course, you have great latitude in
choosing the topic you would like to address.  Please let me know if you
will serve as the keynote speaker.

If you can give me quick responses to these 2 requests, we will complete the
plans for the evening, which will include the annoucement of the Pinkney
Walker Professorship and, I hope, a keynote address by you.  Naturally, if
you have questions, either you or Rosalee can call me.  My office # is
573/882-6688, and my home # is 573/875-2972.

Let me close by mentioning that there was some question as to whether or not
Pinkney would attend the banquet on October 13.  Apparently he had/has been
experiencing some health problems.  However, the latest I've heard is that
he intends to attend, due in large part to your commitment to be there.
Time permitting, you might want to give him a quick call to tell him you'll
see him here in Columbia on October 13.  (By the way, if Pinkney and his
wife arrive on October 12, I will invite them to attend an informal dinner I
will host that evening for members of the college's advisory board.  Of
course, you are invited to attend the dinner on October 12 as well, but it's
my understanding that you will fly to Columbia on October 13.)

Ken, thanks very much.  I hope and trust that you had an ample dose of "R&R"
during your vacation.  I look forward to hearing from you.


FLASH FLOOD WARNING NATIONAL WEATHER SERVICE HOUSTON/GALVESTON TX 740 PM CDT TUE JUN 5 2001

THE NATIONAL WEATHER SERVICE HAS ISSUED A

* FLASH FLOOD WARNING FOR...   GALVESTON COUNTY IN SOUTHEAST TEXAS   HARRIS COUNTY IN SOUTHEAST TEXAS

* UNTIL 1030 PM CDT

* AT 725 PM CDT...DOPPLER RADAR INDICATED VERY HEAVY RAINFALL  CONTINUING   OVER NORTHERN GALVESTON AND SOUTHERN HARRIS COUNTIES.  RAINFALL   AMOUNTS OF 2 TO 3 INCHES PER HOUR WILL CONTINUE IN THESE  AREAS FOR THE   NEXT FEW HOURS.

* FLOODING IS EXPECTED IN OR NEAR...   DOWNTOWN HOUSTON...LEAGUE CITY...PASADENA...SANTA FE...               CLEAR LAKE...FRIENDSWOOD...SOUTHEAST HOUSTON

TRAVEL IS NOT RECOMMENDED IN THESE AREAS THIS EVENING. THE  CIRCULATION WITH TROPICAL STORM ALLISON HAS BECOME NEARLY   STATIONARY. TREMENDOUS RAINFALL AMOUNTS AND SEVERE FLOODING  ARE POSSIBLE OVER HARRIS AND GALVESTON COUNTIES BY LATE TONIGHT.

REPORTS OF FLOODING AND ROAD CLOSURES SO FAR INCLUDE...

ROADS IN SANTA FE ARE FLOODED. FM 1764 IS IMPASSABLE BETWEEN HIGHWAY  6 AND I-45. FM 646 HAS HIGH WATER AT HIGHWAY 6.
WEST BOUND LANES OF BAY AREA BOULEVARD IS CLOSED BETWEEN I-45 AND  HIGHWAY 3. IN LEAGUE CITY...SEVERAL SUBDIVISIONS ALONG FM 518 WEST  OF I-45 ARE UNDER WATER AND IMPASSABLE. MANY ROADS IN FRIENDSWOOD  ARE ALSO FLOODED. SAVE YOUR LIFE! DO NOT DRIVE ACROSS A FLOODED  ROADWAY.

SIGNIFICANT FLOODING IS OCCURRING ALONG I-45 BETWEEN HOBBY AIRPORT  AND THE CLEAR LAKE AREA. SEVERAL EXITS AND STRETCHES OF FEEDER ROAD  ARE FLOODED WITH CARS STRANDED.

RAINFALL TOTALS SO FAR THIS EVENING INCLUDE...

COWERT CREEK AT BAKER ROAD     10.59 INCHES CLEAR CREEK AT BAY AREA BLVD    8.86 INCHES CHIGGER CREEK AT WINDSONG       7.52 INCHES CLOVER FIELD - PEARLAND         7.50 INCHES NWS OFFICE IN LEAGUE CITY       6.75 INCHES CLEAR CREEK AT US 288           5.83 INCHES BERRY BAYOU AT NEVADA           5.59 INCHES HOBBY AIRPORT                   4.58 INCHES SUGARLAND                       0.93 INCHES

THE CORRIDOR OF HEAVIEST RAIN HAS FALLEN FROM SOUTH OF HOBBY AIRPORT  TO LEAGUE CITY...BETWEEN I-45 AND STATE HIGHWAY 35. RAINFALL TOTALS  OF 7 TO 10 INCHES HAVE BEEN COMMON IN THESE AREAS.

SMALL CREEKS...STREAMS...BAYOUS...UNDERPASSES...AND FEEDER ROADS MAY  FLOOD QUICKLY. AVOID LOCATIONS WATER COVERS THE GROUND!

PLEASE REPORT FLOODING TO THE COUNTY SHERIFF...LOCAL POLICE...OR DEPARTMENT OF PUBLIC SAFETY. THEY WILL RELAY YOUR REPORT TO THE NATIONAL WEATHER SERVICE.

LAT...LON 2967 9511 2933 9507 2947 9517 2967 9527


Thanks Lorraine.

 -----Original Message-----
From: 	Lindberg, Lorraine
Sent:	Wednesday, October 10, 2001 11:21 AM
To:	Watson, Kimberly; Lokay, Michelle; Lohman, TK; McConnell, Mark; Y'Barbo, Paul; Harris, Steven; Geaccone, Tracy; Moore, Jan; McCarty, Danny; Donoho, Lindy; Pavlou, Maria
Cc:	Robertson, Audrey; Armstrong, Julie
Subject:	TW Global Settlement

Maria Pavlou has graciously agreed to give the TW Commercial Group a brief review of the Global Settlement on Thursday, November 1 from 10 - 11:30 am in 49C2.  Please mark your calendars if you are interested in attending.

Lorraine


Tom:
The data room will be open till Thursday, November 2nd.  Hope this helps.
Ben


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/28/2000
09:20 AM ---------------------------

Roman Kosecki <rkosecki@mieco.com> on 09/25/2000 12:12:23 PM
To: "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject: Old email address

> Hello Vince,
>    NIe bardzo wiem czy pisac po polsku czy po angielsku :)
>    Co u Ciebie slychac ?
>   U mnie troche zmian jak ze juz nie pracuje w SCEM ,  a przenioslem sie
> do MIECO  ( a small Marubeni backed energy-america trading company ) .
> Bardzo rozne od SCEM. Najbardzij przypomina mi SCEM na poczatku z Joe, jak
> bylo 20-30 osob. Sa i minusy i plusy. Troche structure i research ale
> przede wszystkim weather.   TRrovhe latam miedzy East i West bo sa officy
> w obydwu miejscach.  California jest ok w zimie :).
>    Na bardziej personalnym froncie;  pamietasz dinner na ktory poszlismy
> kiedys na conferencji w NY z Catherine ( she used to work for Williams-
> works for Morgan Stanley now ) ,  we are dating  ( for a while) . It is a
> good story how we met. So we owe you dinner :)
>    Jak bylem w Atlancie to pracowala dla mnie Christa Grey.  Bedzie teraz
> konczyla grad school in international relations ( with Eastern European
> slant ), i zastanawia sie czy sa jakies mozliwosci polaczenia tego co
> robila ze "Wschodem".  Co robila to bylo przede wszystkim VB
> implementations modeli , ( roznego rodzaju) , Web based data collections,
> basic research ,  teraz jest w gas structuring etc.  She speaks russian
> and was in Ukraine/Poland few times on Peace Corp assingments. She is very
> bright and dedicated.  Myslalem zeby ja zwabic do Californii ale ten
> Eastern European pociag jest u niej silniejszy niz u mnie :). I have here
> resume, wiec jak bys myslal ze jest jakis fit I will foreward it to you.
>   Troche tak mieszanka pisze, przepraszam
>   Bede chyba w Houston w pazdzierniku to moze bysmy sie mogli spotkac.
> Latwiej pewnie by bylo w NY ( mieszkam po NJ stronie ( rent jest inny niz
> w Atlancie :) (201) 222-0435), wiec daj mi znac jakbys mial czas i ochote.
> Thanks
> Roman
>


Mark -

thanks for the response.

I agree with you that identifying all of the Regulatory Risks associated with
either a specific asset (e.g., Sutton Bridge) or a trading book (e.g., UK
gas) is impossible.  We could have 50 people spending 100% of their time
sitting around dreaming up 'what-ifs' and still not see everything.  On the
other hand, as your team does now, once we have been able to identify
reasonable risks, it is more than appropriate to attempt to impute /
calculate the potential loss and assign people to mitigate these risks.

On the flip side of the risk coin, the process of identifying Regulatory Risk
should also allow Govt Affairs, working with our business colleagues,  to
identify rule changes / policy changes that could positively impact our
bottom line.  For instance, we could push through regulatory action for a
retail rate decrease providing EES with more commodity margin.

I don't disagree that these risks which I am trying to track are business
risks.  But they are fundamentally the result of changes in regulatory policy
(taxes, export/import, rates, etc.).  Because Enron is actively participating
in many regulated or semi-regulated environments, regulatory risks are
business risks.

Finally, it is my understanding that Govt Affairs needs to be involved in
assisting our business people in managing these risks.  To this end, the
Regulatory Risk Working Group has identified the following set of
responsibilities for Govt Affairs:

_ To identify Regulatory Risks within current assets.
_ To analyze pending transactions for Regulatory Risks.
_ To recommend alternative commercial arrangements to reduce Regulatory Risk.
_ To assess and compute &value at risk8 for each Regulatory Risk.
_ To develop transfer mechanisms for Regulatory Risk (e.g., insurance).
_ To propose and/or plan mitigation devices for Regulatory Risks.
_ To assign EGA and/or commercial responsibility and resources for mitigation
efforts.
_ To review mitigation efforts against existing plans.
_ To advocate regulatory frameworks which reduce Regulatory Risk (e.g., BIT).
_ To prevent catastrophic Regulatory Risk events (> $25 MM).
_ To report to Enron management global Regulatory Risk position.
_ To coordinate knowledge with other risk groups within Enron.

I look forward to seeing you when you are in Houston and discussing this
further.  Like you, I don't want to create some process that provides little
to no value.

JDS

Mark Schroeder@ECT
02/10/2000 03:17 AM
To: James D Steffes/HOU/EES@EES
cc: Richard Shapiro/HOU/EES@EES, Steven J Kean/HOU/EES@EES, Sharon
Killey/LON/ECT@ECT
Subject: Re: Assignment of Regulatory Risk Responsibility for Current Assets

yes, let's meet.  I will have Sharon try to put something in the diary.

I would suggest the hardest part is "anticipating" these changes.  here are
some examples:  UK Climate Change Levy, even other Government Departments in
the UK are not allowed to kow what is in the Budget until the Chancellor
delivers it to Parliament.  Turkish fuel consumption tax, I believe, was
modified without prior notice.  In Romania, Doug Wood met with the Energy
Minister on the proposed Gas Decree, and 2 days later they passed another
draft of the decree, which had been rejected before Christmas, verbatim.  Tom
Briggs can tell you that the annual revenue formula for BG TransCo, which
affects all of our UK assets, can swing up or down by 10% per annum, and
cannot be predicted/modelled (we and our consultants have tried).  Decisions
by Polish regulator to price regulate generation in Poland, notwithstanding
our PPA, was another example.  The list goes on.  I remain a sceptic that all
of these risks, or even many of them, can be "identified" a priori.  Once we
fact them, we do assess/mitigate.  In Europe, I think we accept these as
"business" risks, that the regulatory team responds to.   mcs

James D Steffes@EES
09/02/2000 21:02
To: Mark Schroeder/LON/ECT@ECT
cc: Richard Shapiro/HOU/EES@EES, Steven J Kean/HOU/EES@EES

Subject: Re: Assignment of Regulatory Risk Responsibility for Current Assets

Mark --

Thanks for the additions.  I will add to the Asset / Responsibility Matrix.

The definition I have been using is that Regulatory Risk is a subset of
Sovereign Risk (with the other element being Political Risk).  Regulatory
Risk is a "legal" action taken by a government or its agent which modifies
Enron's business environment, most often directly through modifications in
the energy and communications markets, but also in broad areas such as taxes
and export - import policies.  Political Risk is a "supra-legal" action that
has the same impact (e.g., expropriation).

Currently the Regulatory Risk Working Group (Fiona Grant is member) is trying
to put in place a "standard" process to review and analyze regualtory risk
around the globe - quite an undertaking.  When I use the term Regulatory Risk
Management, I am primarily talking about such a process.  The key elements of
any risk management function are (1) identification, (2) assessment, (3)
mitigation / transference, and (4) audit.  You would probably agree that the
most difficult problem is to try and assess the impact of any Regulatory Risk
event.  The other key goal is to have a Mitigation Plan in place with an
assigned person to "manage" our activities so that Enron does not face an
associated loss.

My goal is to try an have this process in place by mid-year.  That would
include having undertaken a structured review of our current Assets (the
reason for the original questions) and the ability to review pending deals.

When you come over to Houston next week I would really like to sit down and
go through my thoughts with you.

Thanks.

JDS

Mark Schroeder@ECT
02/09/2000 05:48 AM
To: James D Steffes/HOU/EES@EES
cc: Richard Shapiro/HOU/EES@EES, Steven J Kean/HOU/EES@EES, Fiona
Grant/LON/ECT@ECT, Philip Davies/LON/ECT@ECT
Subject: Re: Assignment of Regulatory Risk Responsibility for Current Assets

Jim - overnight I realised you need to add our project in Turkey (Fiona
Grant) and Poland (Philip Davies).  I have not given you any one person, as
the regulatory issues seem to be country/environment specific, and instead I
have given you the names of each person with country responsibility.  Indeed,
at year-end we completed a financial transaction (Project Margaux), in which
regulatory risk was reviewed.  A definition of Rugulatory Risk would be
helpful, e.g., in most of these markets, trading arrangements are being
re-written, or developed for the first time, this put existing PPAs under
pressure.  Would energy taxes, carbon taxes/trading, transmission pricing
(both for evacuation of power, and delivery of gas), changes in property
tax/fuel tax regimes, risk of price regulation, all be included?  Do you have
checklist?  We can identify these risks, what is meant by "manage"?  We work
on these types of issues on a daily basis, so I am unclear as to what else is
intended or implied.  thanks  mcs

James D Steffes@EES
08/02/2000 17:24
To: Richard Shapiro/HOU/EES@EES, Mark Schroeder/LON/ECT@ECT
cc: Steven J Kean/HOU/EES@EES

Subject: Assignment of Regulatory Risk Responsibility for Current Assets

Rick & Mark --

One of the first steps in building our Regulatory Risk process is to
establish responsibility for the current assets owned/managed by Enron.
Having a point person that I can contact will help me immensely.

Attached is a listing of the assets that I have been able to pull together --
there may be more that you know about.

Is it possible for us to agree upon the person(s) who will manage the
Regulatory Risk with each of these assets?  Please feel free to call me to
discuss.

I would like to have this assignment process complete within the month.

The same type of effort will be necessary as we review pending transactions.

Thanks.


-----Original Message-----
From: 	Oxley, David
Sent:	Monday, January 07, 2002 1:58 PM
To:	Cashion, Tana; Slone, Jeanie
Cc:	Kitchen, Louise; Beck, Sally
Subject:	RE: Bob Hall/Leslie Reeves

I'm happy to take their names off the list, but are we sure this is the right thing to do?

If so should I put any new names in their place?

David
 -----Original Message-----
From: 	Cashion, Tana
Sent:	Monday, January 07, 2002 1:55 PM
To:	Oxley, David; Slone, Jeanie
Subject:	Bob Hall/Leslie Reeves

David/Jeanie -

I just spoke with Bob Hall and he informed me that he and Leslie Reeves have decided to stay with the estate.  Please let me know what is the future plan for these functions and/or who will be the contact for the groups when you know.  Thanks.


Dan, here is information about the recordings which were
located by the landman, Robert Dossett, who researched the
Campbell County real property records for recordings against
T48N, R72W, Section 16 involving Enernet and Quantum:

1.  Mortgage, Security Agreement, Financing Statement and
Assignment from Enernet of Wyoming, L.L.C. to BancFirst,
Oklahoma City, OK.  Reception No. 751085, Book 1558,
pages 411 through 417.  Recorded August 23, 1999 in the
Campbell County Records.

2.  UCC Financing Statement between Enernet of Wyoming,
L.L.C. as Debtor and Bancfirst as Secured Party, filed in the
Campbell County UCC records on August 24, 1999,
#U224472.

3.  Model Form Recording Supplement to Operating
Agreement and Financing Statement between Enernet of
Wyoming, LLC as "Operator" and the following as
"non-Operators":  Michael L. Pinnell, Gregg B. Colton, Don J.
Colton, John Oliver Anderson, and Quantum Energy LLC,
executed for the stated purpose of "imparting notice to all
persons of the rights and obligaitons of the parties under the
Operating Agreement [dated 07/02/98] and for the further
purpose of perfecting those rights capable of perfecction.
Recorded Campbell County Records January 14, 2000,
Reception No. 757472, Book 1581, Pages 663 through 674.

4.  Model Form Recording Supplement to Operating
Agreement and Financing Statement between Enernet of
Wyoming LLC and Quantum Energy LLC as agent for 1997-A
Drilling Program, 1998-A Drilling Program, Quaneco I
Program, Quaneco II Program and Bonepile 16th Well
Program.  Same form as the Model Form described above.
RecordedCampbell County Records, March 3, 2000,
Reception No. 759509, Book 1589, Pages 310 through 314.

Those were all of the recordings located by the landman.  I
will put copies in the mail to you today.  Please let me know
whether you need copies sooner than that.  Thanks for your
patience while this information was being gathered.  Please
call with any questions on the recordings.  Thanks, Dan.


Start Date: 1/23/02; DayAhead market;  DayAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

Error: Crawler lifetime exceeded.


Spoke with Ed Sacks who will approve the Service Company for online financial trading (and will switch to the utility if we ever execute the ISDA).  There will have to be special handling so Tana will be in the loop before the service company is approved on EOL financial.
Click on this link to view the document in the Financial Trading Agreements database-->

<Embedded StdOleLink>


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Dear Ben Rogers,

You have been invited to participate in a deal on DealBench, sponsored by
Enron for Caledonia.

You are about to experience firsthand our secure platform that enables
clients to conduct their business on the web. We provide a collaborative
environment to share documents, conduct auctions, host webcasts, manage deal
information and monitor deal progress - instantly, efficiently and
effectively.

In order to be able to view the deal, you have to update your user profile
with the deal key: 9703513032423707. This will enable you to view the deal
and participate in the process.  Please also remember that this deal key is
specific to the above deal.

We are looking forward to working with you.

If you have any questions or are unable to access the system, please email us
at: Webmaster@DealBench.com or call us at: +1-713-853-9438.

We encourage your feedback on both the platform and service, either via email
or telephone.

Kind regards,

WebMaster
DealBench


Greg,

the e-mails below outline my ideas for an improved commercial effort in the
South American region, including the offer to discuss (as objectively as
possible) a critical review of our managerial, execution and employee
strengths and weaknesses in the region.

I am trying to schedule meetings in Houston during the week of Nov 20 in
order to finalize in the recent transition and restructuring a position
remaining with Enron - but including a priority to remain in Brazil, given
it's enormous and, at least for Enron, as yet largely unrealized potential.

I've isolated business units in Bundled Products and Networks, separately
from core Origination and Trading, in the Org Chart graphics below and
propose that my capabilities and interest might be best leveraged with clear
deliverables and responsibility for these units.

You and I didn't have the chance to discuss commercial opportunities in the
region more completely, but the Bundled Products and Networks units might
better be combined, given that there are several transactions that would
easily include bundling potential Enron Networks "products" (e-platforms, EOL
(commitment of physical product in exchange for EOL marketing, etc.,..)  into
a transaction.

Appreciate any, all inputs and look forward to further discussion.

---------------------- Forwarded by D'Arcy Carroll/SA/Enron on 11/14/2000
02:26 PM ---------------------------

D'Arcy Carroll
11/14/2000 02:24 PM
To: David W Delainey@ECT, John J Lavorato/Corp/Enron@Enron
cc:

Subject: Brazil Commercial

David/John -

Does it work to try to schedule a meeting in Houston with you both during the
week of Nov 20?

As a reminder, I am in a somewhat pressing situation in trying to determine
whether there is an opportunity to stay in Brazil focussed on commercial
opportunities, or relocating within Enron - for personal reasons accomodating
my wife's professional work, relocating only either back to NYC or to
London.

I have had a first round of meetings with Enron UK and Enron Houston and
identified some areas of potential, but my priority would be to stay in
Brazil, albeit given an improved structure, report, deliverables and
authority to execute to Enron's potential in the region.

---------------------- Forwarded by D'Arcy Carroll/SA/Enron on 11/14/2000
01:46 PM ---------------------------

D'Arcy Carroll
11/09/2000 06:20 PM
To: David W Delainey@ECT, John J Lavorato/Corp/Enron@Enron
cc: Kay Chapman@ECT

Subject: Brazil Commercial - ** Update Version, delete previous **

David/John - understand the trip will be delayed.

Proposal Outline has two texts - I. Commercial Strategy and II. Historical
Perspective.  The Org Charts will need some discussion - particularly in
regard to the strengths and weakness of employed personnel and urgent need
for an improved structure.

Over the FH 2000 and within the new structure with Brett and Joao Carlos
Albuquerque in place, the Wholesale group and Trading desk seems to have made
some important strides forward in terms of recruiting some good individuals
and, in trading terms,  finally executing some fundamental market supply,
demand and transmission analysis.

To get into the game quickly and aggressively, though, I think the commercial
group needs to hire some senior, local trading expertise.  I apoligize, but
was unable to get in contact with either of these two guys to set up a
possible meeting this week.  However, they have the local knowledge, trading
competencies and management experience which I consider needed to catalyze
the regional effort:

Axel Hinsch -  Argentine and Cargill employee with several years and broad
commodity and financial trading, business development and management
experience, including senior trader for the Bear Stearns Emerging Markets
equity desks in the late 1980s/early 1990s. Straight up, no ego
   Argentine Country Manager.

Mark Hoffman - Swiss/Brazilian and Glencore employee with several years
energy, energy distribution and sugar sector experience; applied commodity
and financial arbitrage experience in the Brazilian market.   Lot less
straight forward, but applied knowledge and expertise.
   Senior Originator/Trader.

Please forward any input about your interest in scheduling a meeting either
open here or in Houston during the week of Nov 20.

For some perspective on my experience at Enron, let me explaing that I have
been working in Enron Networks in the region from Q2 '00 and therefore much
less formally invovled with the trading (Brazil spot market) and Wholesale
pricing, tarrif issues etc.,.. than at the end of FY1999 when I was directly
involved in developing our effort to get in the game in understanding the
spot price formula calculations and exploring arbitrage opportunities in the
wholesale market.

I've attached my resume for some perspective on my background and capability
to critically review the commercial (trading and marketing) and managerial
issues involving the past and future opportunities.


Rick Craig will be attending the meeting; he will come to Britt's office
(Room EB4823).

---------------------- Forwarded by Martha Benner/ET&S/Enron on 11/09/2000
10:52 AM ---------------------------
MARTHA
BENNER
11/09/2000 10:35 AM

To: Britt Davis/Corp/Enron@ENRON, Rick Craig/OTS/Enron@ENRON, Dari
Dornan/ET&S/Enron@ENRON
cc: Deborah Shahmoradi/NA/Enron@Enron, Ann Smith/ET&S/Enron@ENRON, Amelia
Alder/OTS/Enron@ENRON, Amelia Alder/OTS/Enron@ENRON

Subject: Oneok Measurement Letter

A conference all to discuss the above is scheduled for today, November 9, at
2:00 PM in
Drew Fossum's office.  Drew will call Britt's office (x6307).  Ken Cessac
will be conferenced in from the field area.

If you have any questions please give me a call (x7330).

Thanks for your help in this matter.

Martha


COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                OCTOBER 18, 2001

Notice ID: 3194
5 - NO RESPONSE REQUIRED

Individuals from the following teams will be on duty (from 8:00 a.m. until
10:00 p.m.) in Customer Services on Saturday, October 20, 2001 and Sunday,
October 21, 2001:

NOMINATIONS & CONFIRMATIONS

Team 6                        304-357-3702
Team 7                        304-357-2827

Individuals from Team 1 (Evening Shift) will be on duty (from 2:00 p.m. to
10:00 p.m.) October 22 through October 26, 2001:

NOMINATIONS & CONFIRMATIONS

Team 1                        304-357-3708

Please note that the Columbia Navigator system is unavailable every Sunday from
11:00 p.m. until Monday at 6:00 a.m. for routine system maintenance.

If you have any questions, please contact your Account Representative.


Have you decided who will be assisting tax-wise for these two countries?

I have a conference call this afternoon at 3 pm (Houston time) with Antonio
Felix de Araujo Cintra from the Tozzini firm regarding further research on
derivative products for trading in Brazil.  Attached is a summary of products
and the various Enron groups seeking answers.  If you would like to
participate in person or by conference, please let me know.

I will be in Sao Paulo from Sept 20-22 and Buenos Aires from Sept 23-24.  In
Brazil, I will be meeting again with Tozzini lawyers.  In BA, I'll be meeting
with Marval lawyers.  Let me know if you would like to participate in any way.

Sara


To make use of office supplies that have been left at vacated workspaces, Enron Property and Services Corp is asking for your assistance.  EPSC will remove extra supplies from identified areas and place in a central location where they may be utilized by everyone.

Please identify areas in your business units that have been vacated and can be checked by EPSC.  Once areas have been idenitified please call the Help Desk at x36300, option 2.

To obtain office supplies that have been accumulated by EPSC, please email your needs to the following address:
Facilities Help Desk 1.
You will be contacted about available items. If you have any questions please call Richard Hensch at x35522.


---------------------- Forwarded by John J Lavorato/Corp/Enron on 08/15/2000
07:05 AM ---------------------------

Donald Wayne Vinson@ECT
08/14/2000 06:48 PM
To: John J Lavorato/Corp/Enron@Enron
cc: Debra Davidson/PDX/ECT@ECT

Subject: West reports

Sir,

I could not e-mail these reports to Kimberly Hillis as usual because I was
getting the mail returned for insufficient disk space.  Kimberly should be
able to print from your e-mail.  I also sent a back-up copy to Tim's
assistant Debra Davidson just in case something happens.

Donnie Vinson
West power risk
---------------------- Forwarded by Donald Wayne Vinson/HOU/ECT on 08/14/2000
04:49 PM ---------------------------

Donald Wayne Vinson
08/14/2000 04:39 PM
To: Kimberly Hillis/HOU/ECT@ect
cc:
Subject: West reports

---------------------- Forwarded by Donald Wayne Vinson/HOU/ECT on 08/14/2000
04:45 PM ---------------------------

Donald Wayne Vinson
08/14/2000 04:35 PM
To: Kimberly Hillis/HOU/ECT@ect, Mark Guzman/PDX/ECT@ECT
cc:
Subject: West reports


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  , 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude     http://www.carrfut.com/research/Energy1/crude33.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas33.pdf

Distillate and unleaded charts to follow.

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG33.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG33.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL33.pdf

Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com


FYI -- attached is the new org chart for EGM.

Lisa
---------------------- Forwarded by Lisa Yoho/HOU/EES on 10/12/2000 05:57 PM
---------------------------
From: Cathy Phillips@ECT on 10/12/2000 03:09 PM
To: Lisa Yoho/HOU/EES@EES
cc:
Subject: Re: Organizational Chart

The chart is attached below.  If it does not open properly, please send me
your room number and I will send you a hard copy.

Thank you.

Cathy Phillips
X-36898

Lisa Yoho@EES
10/12/2000 02:47 PM
To: Cathy Phillips/HOU/ECT@ECT
cc:
Subject: Organizational Chart

Cathy --

Mike asked that I get a copy of the new org chart from you.

Thank you!!

Lisa