To date, CIBC has done two physical transactions on EnronOnline as follows:

1) Deal date:  3/31/00
 EOL Deal Number:  137945
 Commodity:  Natural Gas
 Buyer:  ECC
 Seller:  CIBC
 Price:  CAD $3.6550 per GJ
 Volume:  5,000 GJ per day
 Delivery Period:  April 1, 2000 through April 30, 2000
 Delivery Point:  Nova Gas Transmission Ltd. - NIT

2) Deal date:  4/11/00
 EOL Deal Number:  149472
 Commodity:  Natural Gas
 Buyer:  ECC
 Seller:  CIBC
 Price:   The AECO "C" Monthly Index, where:  "AECO "C" Monthly Index means
  the price in Canadian dollars per GJ published in the table "Monthly
  Canadian and U.S. natural gas price summary" in the Canadian Gas
  Price Reporter in the row for for "Alberta Spot Price-AECO C/NIT (7A)"
  for the applicable Period of Delivery plus CAD $0.025 per GJ.
 Volume:  10,000 GJ per day
 Delivery Period:  May 1, 2000 through May 31, 2000
 Delivery Point:  Nova Gas Transmission Ltd. - NIT

I have copied Dianne Seib in Canada since she will be handling any
confirmations for
the change that CIBC is requesting (from CIBC to CIBC World Markets Ltd.).


There's a monthly birthday party thing at 300 up here.  I know you don't
always get the word, so here's the word.

How's your brother?

ckm


Where are you getting this $50m figure?

**********************************************
Mark D. Guinney, CFA
Consultant
Watson Wyatt Investment Consulting
345 California Street, Ste. 1400
San Francisco, CA  94104
(415) 733-4487 ph.
(415) 733-4190 fax

____________________Reply Separator____________________
Subject:    Re: Re[2]: Home Depot Memo - Revised
Author: Jeff.Dasovich@enron.com
Date:       02/08/2001 1:32 PM

I was thinking that it gives them $50M up front (the sale), and then
they'll only have to make installment payments for the leases.


Chris,

Steve's email was reset recently and the standard file size limit was re-established. This needs to be removed as Steve needs to ba able to use email and has many documents filed that he is not allowed to delete.

Thanks
MRP


Gerald,

Has the Reciprocal Keep Whole and GTC been updated with the changes that are reflected below? Once these changes have been made and approved, can you send the new form to myself and Lisa Hesse/Ellen Wallumrod so that we can get the October confirmation and GTC to Mariner, Spinnaker, Forest, Cohort, and Qwest ?

Thanks,
Judy

-----Original Message-----
From: Banks, Rod [mailto:RBANKS@mariner-energy.com]
Sent: Monday, October 15, 2001 9:53 AM
To: Thorne, Judy
Subject: RE: Gas Purchase and Sales Contract

I have reviewed the Keep Whole language that was given to me at our meeting
and find the following:
1.	Refer to para. (ii), next to the last sentence. The word "fail"
needs to be plural.
2.	Please refer to the second para., 4th sentence. Seller and buyer
need to be reversed. Buyer shall pay Seller.
General Terms And Conditions
1.	Section 1, Transactions - 16th sentence, "...within ten days of
Seller's receipt...", not Buyers receipt.
2.	I understand we will eliminate the use of too many terms used to
describe the quantity. I feel the use of Baseload is sufficient.
I would like to see formal agreements (ie: Confirmation and GT&C)
incorporating the items we have discussed, including 1.) the deduction of
actual costs language 2.) Seller is responsible for all cost(s) upstream of
the delivery point and Buyer is responsible for all cost(s) downstream of
delivery point(s). Sellers right, at it's sole option, to cancel agreement
resulting from buyer's inability to move gas which is caused by Buyer's
transport. (IT or FT).
Thanks for your attention and please contact me should I be of assistance.

		-----Original Message-----
		From:	Thorne, Judy [mailto:Judy.Thorne@ENRON.com]
		Sent:	Friday, October 12, 2001 9:07 AM
		To:	Banks, Rod
		Subject:	RE: Gas Purchase and Sales Contract

		 << File: KeepWhole1.doc >> << File: TemplateGTC(Wellhead
with Keep Whole).DOC >> Rod,

		I am not sure that the email that I sent to you the other
day went
		through. I had a returned undelivered message, so I am
resending the
		documents with the changes that we discussed on Wednesday.

		Please let me know if you have any questions.

		Judy Thorne
		ENA Upstream Company LLC
		713-853-4758

		-----Original Message-----
		From: Banks, Rod [mailto:RBANKS@mariner-energy.com]
		Sent: Thursday, October 11, 2001 10:05 AM
		To: Thorne, Judy
		Subject: Gas Purchase and Sales Contract

		Thank you for your time yesterday. Please find Mariner's
legal input and
		my
		review of the Keep Whole language you provided me.

		Mariner Legal Comments and suggestions:

		1.	Incorporate in each confirmation, as the second
sentence of the
		last
		paragraph in the confirmation: "However, Section 2 of the
GTC shall not
		apply".

		Keep Whole Language comments:

		1.	At, ii, second to last sentence, the word fail
should be plural.
		2.	The first paragraph after (ii), fourth sentence, the
words
		"Seller
		shall pay to Buyer" needs to say "buyer shall pay to
Seller".
		3.	MMBTU needs to reflect a daily quantity unless ENA
intends it to
		be
		a monthly qty. Lets clarify what the official "Baseload
Quantity" will
		be.
		Lets discuss. Will this quantity change before the first of
each month?

		Thanks for your attention.

**********************************************************************
		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.

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


When it comes to commitments involving website postings, scheduling or balancing, could I please ask that my group be copied on settlements and proposals.  It is not my intent to meddle in your good efforts -- just to make sure that I understand what is involved in complying.

In the case of the Transwestern setttlement offer -- my only comment/concern is that I would hope we could coordinate our posting formats with the GISB rules -- otherwise we will have conflicting requirements & have the expense of having different posting formats for our different pipes.
"Transwestern will work in good faith to simplify the exising posting formats on its electronic bulletin board,
consistent with the GISB formats for informational postings. "

Is there an SLA settlement/proposal that I can get a copy of?


Michelle Lukasiewicz
314 W Mesquite Street
Chandler, AZ 85225
MLUKASIEWICZ@TAZ.TELUSA.COM

To Mr. Ken Lay,

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

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

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

Sincerely,

Michelle Lukasiewicz


Please see the attached Alberta PPA presenation.  Please make review and if
you have any modifications, please get with John as soon as possible.

Kim Hillis
x30681


---------------------- Forwarded by John J Lavorato/Corp/Enron on 09/28/2000
10:48 AM ---------------------------

Mark Frevert
09/28/2000 04:02 AM
To: John J Lavorato/Corp/Enron@Enron
cc:

Subject:

F.Y.I.   I'm not sure what this is referrring to-  sounds like Detroit
Edison. Regards . Mark
.---------------------- Forwarded by Mark Frevert/NA/Enron on 09/28/2000
03:54 AM ---------------------------

Office of the Chairman on 09/27/2000 01:48:55 PM
To: Mark Frevert/NA/Enron@Enron
cc:

Subject:

---------------------- Forwarded by Office of the Chairman/Corp/Enron on
09/27/2000 01:47 PM ---------------------------

Jan Van Derziel@ENRON COMMUNICATIONS
09/16/2000 11:29 AM
To: Office of the Chairman/Corp/Enron@ENRON
cc:

Subject:

I just wondered if Enron was aware? Reported in the news that Detroit is
looking for someone to purchase the power plant and supply Detroit with
electricity.


Looks good to me, although I will have a new fax number soon.  I will ask
Twanda to send it to you once I know what it is.  Michelle

	LaVerne Essoufi@ENRON
	05/12/2000 10:49 AM

		 To: Michelle Cash/HOU/ECT@ECT
		 cc:
		 Subject: Phone list update

Please make the necessary corrections to following attachment to help update
our current phone list.

Thanks,
LaVerne


for you!

 -----Original Message-----
From:  McVicker, Maureen
Sent: Monday, July 23, 2001 9:33 AM
To: Denne, Karen; Palmer, Mark A. (PR)
Subject: Additional Phone Number - Steve Kean

FYI - here is Steve's phone number in Weimar, TX  (a/k/a  "Rancho Keano")

979-263-4363

Maureen McVicker


Start Date: 10/26/01; HourAhead hour: 16;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001102616.txt

Error retrieving HourAhead price data - process continuing...


Hey everyone.. something fun to do for the kids.
This is from my home town so it'd be cool if you help
out!   Marsha
-------------------
Hello! We are in the 2nd grade at McComb Elementary
School in Caro, Michigan. We are located in Tuscola
County, We have decided, after seeing this done at
another school, to map an e-mail project. We are
curious to see where in the world our e-mail will
travel via the Internet, between the period of
February 1, 2001, May 1, 2001, (only 3 months).
This is not a pen pal project, so we will not write
you back (unless you request it).We would like your
help. If you receive this message, we ask that you:

1) e-mail back at: kfestian@caro.k12.mi.us
> > > and tell us your
city/state/location so we can plot it on our map

2) Send this letter on to everyone you know so that
they can send it on to everyone they know (and so on)
to help us reach even more people.

We're tracking the number of responses we receive by
making a graph in our math classes using the numbers
received by state.
With your help, we can make this a very fun and
exciting learning experience. PLEASE help us.

Thank you for any help you can give.

Your friends,

Ben H. McComb Elementary School
Mrs. Festian's 2nd Grade
303 N. Hooper Street
Caro, MI 48723

Thanks to the students and teachers of Savannah Grove
Elementary School in Effingham, SC for sharing this
awesome activity.

__________________________________________________
Get personalized email addresses from Yahoo! Mail - only $35
a year!  http://personal.mail.yahoo.com/


John,

george.hopley@enron.com

Vince

"John Adamiak" <john@pgsenergy.com> on 11/21/2000 09:26:00 AM
To: <Vince.J.Kaminski@enron.com>
cc:
Subject: Re: PGS On-site Derivatives/Electric Power Training

Vince,

Thank you.  Do you happen to know his email address?

John

----- Original Message -----
From: <Vince.J.Kaminski@enron.com>
To: John Adamiak - President <john@pgsenergy.com>
Sent: Tuesday, November 21, 2000 10:00 AM
Subject: Re: PGS On-site Derivatives/Electric Power Training

>
> John,
>
> Please, contact George Hopley at Enron.    (713) 853-9463
>
> Vince
>
>
>
>
>
>
> John Adamiak - President <john@pgsenergy.com> on 11/17/2000 01:49:30 PM
>
> Please respond to John Adamiak - President <john@pgsenergy.com>
>
> To:   <Vince.J.Kaminski@enron.com>
> cc:
> Subject:  PGS On-site Derivatives/Electric Power Training
>
>
> Do you know of anyone who could benefit from on-site
> training in energy derivatives or electric power trading during
> the coming twelve months?   www.pgsenergy.com
>
> John Adamiak
> PGS Energy Training
>
>
>
>
>
>
>


what do mean "my boys" ? ....I thought you were going to the gym all those
times....


----- Forwarded by Jeff Dasovich/NA/Enron on 04/17/2001 01:05 PM -----

	"Ronald Carroll" <rcarroll@bracepatt.com>
	04/17/2001 12:43 PM

		 To: <mmilner@coral-energy.com>, <rreilley@coral-energy.com>,
<ray.alvarez@ei.enron.com>, <acomnes@enron.com>, <jdasovic@enron.com>,
<jsteffe@enron.com>, <linda.robertson@enron.com>, <smara@enron.com>,
<snovose@enron.com>, <gackerman@wptf.org>
		 cc:
		 Subject: Fwd: California Deal With SCE Is On Shaky Ground

----- Message from "Tracey Bradley" <tbradley@bracepatt.com> on Tue, 17 Apr
2001 12:25:37 -0500 -----
To:	"Justin Long" <jlong@bracepatt.com>, "Paul Fox" <pfox@bracepatt.com>
cc:	"Ronald Carroll" <rcarroll@bracepatt.com>
Subject:	California Deal With SCE Is On Shaky Ground
CALIFORNIA DEAL TO BUY SCE HEADED FOR TROUBLE IN LEGISLATURE, CPUC

_______________________________________________

Date: April 18, 2001 -

A source with California State Senator Debra Bowen's (D) office says Gov.
Gray Davis' (D) tentative agreement to buy Southern California Edison's (SCE)
transmission assets will face tough scrutiny from suspicious lawmakers who do
not believe it is in the best interest of ratepayers. State regulators are
also expressing concern about the deal and consumer advocates are predicting
its demise.

"There are two alternatives," says the Bowen source. "Lawmakers will either
fashion a better deal or allow SCE to work out their problems in bankruptcy
court."

Bowen is the chair of the Senate Energy, Utilities and Communications
Committee.

The deal calls for SCE to sell its transmission assets to the state
Department of Water Resources (DWR) for 2.3 times its book value or $2.76
billion. The agreement also calls for the California Public Utilities
Commission (PUC) to establish a rate plan so that $3.5 billion of debt could
be recovered by SCE for its power purchases before the state began buying
electricity in January.

"This is the single most important cash flow provision of the memorandum of
understanding," says a source with the state Office of Ratepayer Advocate
(ORA). "SCE will collect all of the costs they have incurred." ORA had argued
against bailing SCE out of debt saying its parent company had ample funds.

In return for the premium paid in excess of the value of its transmission
assets, SCE has agreed to sell the output of its generating plants at
cost-based rates.

"Because of the premium, cost-based rates should be lower," says the ORA
source.

"The senator is very skeptical," says the Bowen source. "The deal is a great
benefit for generators and utilities but little, if any, benefit for
ratepayers."

The source says there is also concern with the SCE deal because it will only
involve about a third of the 32,000 miles of transmission lines in the state.

"If you buy a third of a bridge don't you wind up getting wet" asks the Bowen
source.

Davis has expressed optimism that the state will eventually obtain all of the
state's utility transmission lines. Pacific Gas & Electric's (PG&E)
bankruptcy filing has complicated the governor's plan, but Davis says the
state can now obtain the assets through the courts. However, the state must
now compete with private companies intent on the same thing. Negotiations
between the state and San Diego Gas & Electric are continuing.

The Bowen source says provisions in the deal which fashion a way for
generators to collect all they are owed by SCE is also of concern to
lawmakers.

"The state's position was that the rates charged by generators were unjust
and unreasonable," says the source. "If you now pay the generators you have,
at the very least, a public relations problem."

The source says there may also be a court fight over the issue.

"The creditors dealing with PG&E in bankruptcy court would probably want the
same treatment," says the source. "This creates an intriguing whipsaw effect."

A bill outlining the terms of the agreement between the state must be
introduced before official consideration begins in the legislature.

A source with UCAN says a bill based on the present agreement will never be
passed.

"If it survives, it will be modified," says the source.

Source: Electric Power Alert via EnergyWashington.com
Date: April 18, 2001
Issue: Vol. 11, No. 8
, Inside Washington Publishers


---------------------- Forwarded by Bert Meyers/PDX/ECT on 04/29/2001 08:49
AM ---------------------------

Kalman Gaizler <kgaizler@sempratrading.com> on 04/29/2001 08:17:45 AM
To: "'bert.meyers@enron.com'" <bert.meyers@enron.com>
cc:

Subject: Visit

Hi Bert,

I will be arriving in Portland on Thursday, May 17th at 10:30am and I will
be staying at the Westin Portland, 750 SW Alder St.. I would like to stop by
the Enron office on Thursday afternoon at about 2PM and meet the Enron crew.

I would appreciate your help in organizing an outing on Thursday evening.
The outing could be to your favorite restaurant or what-so-ever event that
may be nearby. I hope that you and many of your colleagues will be able to
join me on Thursday, May 17th as my guests.

Also, can you please e-mail me directions to your office.

Regards,

Ken Gaizler
SempraTrading RealTime Desk

****************************************************************************
This e-mail contains privileged attorney-client communications and/or
confidential information, and is only for the use by the intended recipient.
Receipt by an unintended recipient does not constitute a waiver of any
applicable privilege.

Reading, disclosure, discussion, dissemination, distribution or copying of
this information by anyone other than the intended recipient or his or her
employees or agents is strictly prohibited.  If you have received this
communication in error, please immediately notify us and delete the original
material from your computer.

Sempra Energy Trading Corp. (SET) is not the same company as SDG&E or
SoCalGas, the utilities owned by SET's parent company.  SET is not regulated
by the California Public Utilities Commission and you do not have to buy
SET's products and services to continue to receive quality regulated service
from the utilities.
****************************************************************************


I can't tell what changes he made. Can you?
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 01/13/2000
09:37 AM ---------------------------

Richard Ingersoll
01/13/2000 09:23 AM
To: Richard B Sanders/HOU/ECT@ECT
cc: Kevin M Presto/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@Enron, Steven J
Kean/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, James B Fallon/HOU/ECT@ECT,
Elizabeth Sager/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect, Lloyd
Will/HOU/ECT@ECT
Subject: Re: Response letter to John Pope

Comments atta.ched

Richard B Sanders
01/12/2000 10:57 AM
Sent by: Twanda Sweet
To: Kevin M Presto/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@Enron, Steven J
Kean/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, James B Fallon/HOU/ECT@ECT,
Elizabeth Sager/HOU/ECT@ECT, Richard Ingersoll/HOU/ECT@ECT, Rogers
Herndon/HOU/ECT@ect, Lloyd Will/HOU/ECT@ECT
cc:
Subject: Response letter to John Pope

I have attached a copy of the draft response to John Pope's December 13th
letter to Dick Ingersoll.  Please call me with your comments.  We need to
send this letter by Friday.


Team,Eric is in the San Ramon this week and will be there throughout the
week. He returns back to Houston on Friday the 9th ( but will not in IAH
office ) - flys back to San Ramon on Sunday the 11th through the 15th. Will
be in office in Houston on Friday the 16th. Returns to San Ramon on Sunday
the 18th and back in Houston on Friday the 23rd. (but not in IAH office)

Please page him  at 888 766 4103 or by cell 713 851 8285. His phone number in
San Ramon is 925 - 543 - 3847 ( but DO NOT leave Voice Mail ). You can always
contact me if you have any questions.

Thanks, Elizabeth

---------------------- Forwarded by Elizabeth Moore/HOU/EES on 03/05/2001
01:39 PM ---------------------------

Eric Letke
03/05/2001 12:37 PM
To: Elizabeth Moore/HOU/EES@EES
cc:
Subject: # in San Ramon

The phone where I sit when I am in San Ramon is 925-543-3847 is anyone wants
to try and get ahold of me.  Please tell them not to leave voice mail and
page me if I do not answer.  Thanx.


Hi John,

I'm attaching the current draft of the contract under which we will be able
to buy the Fuel Cell equipment for use on projects in Connecticut.  The
contract will likely be a Connecticut law contract.  Could you have someone
give it a fatal flaw check, or should I use Connecticut counsel?

One issue which is nagging me is their request for a security interest in the
equipment, as I think this might complicate financing.  I assume that an
equipment supplier has certain lien rights under Connecticut law anyway.  Can
you have this verified?  I only want the simplest of explanations.

Thanks,

Kay

---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 06:52
AM ---------------------------

"Scheib, Jacqueline Pennino" <jscheib@rc.com> on 11/17/2000 10:26:09 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>, "Jerry Leitman (E-mail)"
<jleitman@fce.com>, "Ross M. Levine (E-mail)" <rlevine@fce.com>
cc: "Sellay, William" <WSELLAY@RC.com>

Subject:

 <<jgtk01!.DOC>>  <<RED FUELCELL AGR.DOC>>
--------------------------------------------------
Jacqueline Pennino Scheib, Esq.
Robinson & Cole LLP
280 Trumbull Street
Hartford, CT  06103
(p) 860-275-8285
(f) 860-275-8299
jscheib@rc.com

 - jgtk01!.DOC
 - RED FUELCELL AGR.DOC


Alan:
I received your email.  I'll make sure it goes through the proper channels.
It may help if you give specific positions that interest you most as Enron is
such a big place, it will help focus the resume to the right people.
John


Texans, Titans whatever. They still will suck as bad as the Astros and the
Rockets. I will say though Texas is a good state to watch college football.

Trailblazer's looking good lately, too.

Back to business.
Can you trade in the Robert Badeer account or are you restricted to only
trading corporate funds?

Abuse to later

-----Original Message-----
From: Badeer, Robert [mailto:Robert.Badeer@ubswenergy.com]
Sent: Friday, March 08, 2002 11:59 AM
To: Monaco, John [EM]
Subject: RE: RE: Whats up!!!!!

Monaco,
	Traders speculate, pure and simple. At least that what I do. The new
team in Houston is the Texans. I don't really care who they are. The knicks
stink. Talk to you soon.

Badeer

-----Original Message-----
From: Monaco, John [EM] [mailto:john.monaco@citi.com]
Sent: Thursday, March 07, 2002 9:25 AM
To: Badeer, Robert
Subject: RE: RE: Whats up!!!!!

Good, you can go from one wet loser state, to a dry hot loser state.

Good luck trading gas. After eating Taco Bell, I usually make enough to
power all of Long Island for a month.

How does a trader earn their keep? you get a commission selling to another
firm or speculate on price movements and take a position?

Let me know when you are in NY, so I can ensure that I am away.

Good luck in Houston, go Titans!!

"Mono"

-----Original Message-----
From: Badeer, Robert [mailto:Robert.Badeer@ubswenergy.com]
Sent: Thursday, March 07, 2002 11:57 AM
To: Monaco, John [EM]
Subject: RE: RE: Whats up!!!!!

Monaco,
	Whats up with you? Great SuperBowl. I hate the Rams, so glad they
lost. I'm going down to Houston to work for UBS on the gas trading desk. New
commodity for me, should be fun. Looking to get back to NY at some point in
the future. I know you'll still be there, stinking up the joint. Anyway,
will let you know how things go. Talk to you soon.

Badeer

-----Original Message-----
From: Monaco, John [EM] [mailto:john.monaco@citi.com]
Sent: Thursday, March 07, 2002 6:40 AM
To: Badeer, Robert
Subject: FW: RE: Whats up!!!!!

Still around!!!!

-----Original Message-----
From: enron.mailsweeper.admin@enron.com
[mailto:enron.mailsweeper.admin@enron.com]
Sent: Thursday, March 07, 2002 9:36 AM
To: Monaco, John [EM]
Subject: RE:RE: Whats up!!!!!

The enron.com recipient(s)

rbadeer@exchange.enron.com

have moved to a new organization.  The new email address follows the format
firstname.lastname@ubswenergy.com or
firstname.initial.lastname@ubswenergy.com (as per their original enron.com
email address).  Email sent to recipient(s) at enron.com will not be
delivered.

Visit our website at http://www.ubswarburg.com

This message contains confidential information and is intended only for the
individual named.  If you are not the named addressee you should not
disseminate, distribute or copy this e-mail.  Please notify the sender
immediately by e-mail if you have received this e-mail by mistake and delete
this e-mail from your system.

E-mail transmission cannot be guaranteed to be secure or error-free as
information could be intercepted, corrupted, lost, destroyed, arrive late or
incomplete, or contain viruses.  The sender therefore does not accept
liability for any errors or omissions in the contents of this message which
arise as a result of e-mail transmission.  If verification is required
please request a hard-copy version.  This message is provided for
informational purposes and should not be construed as a solicitation or
offer to buy or sell any securities or related financial instruments.


i talked to david fleisig at pg&e last night. he begged for simple term sheet that could be flushed out in definitive documentation.
would you add the following for people to comment on in the term sheet:
we will oppose the assessment of an underscheduling penalty at the ferc.
they will oppose the assessment of any surcharge to da customers by the cpuc for any of their undercollections.
we will both cooperate to either get ferc alj approval of the settlement or if we waive this requirement in our discretion (e.g. if some holdup there/we want to close fast), they will immediately pay to us any refund that we end up paying that goes to them.


David,

Could you please provide a description of all Insurance Policies held by
North Carolina Power Holdings, LLC.  for the purposes described below; I'll
forward you the lastest draft of the SPA so that you can see how "Transferred
Insurance Policies" is defined.

Also, could you please list "all" insurance  that is held for the benefit of
NCPH under Enron Corp., ENA or other entity programs.  If you know, it would
also be helpful to have an idea what insurance coverages Jerry Cambell's
operating company has obtained to cover the plants and properties that NCPH
and its subsidiaries (Elizabethtown Power LLC and Lumberton Power LLC) own.
This will help with negotiation of the Exhibits, Schedules and ancillary
agreements.

Thanks

Steve Van Hooser
Enron North America Corp.
1400 Smith
EB3877
Houston, Texas  77002
713-853-7238
----- Forwarded by Steve Van Hooser/HOU/ECT on 04/24/01 08:42 PM -----

	"Jay Sonnenberg" <jsonnenberg@bracepatt.com>
	04/24/01 03:12 PM

		 To: <Heather.Kroll@enron.com>, <ozzie.pagan@enron.com>,
<steve.van.hooser@enron.com>
		 cc: "Clark Thompson" <cthompson@bracepatt.com>
		 Subject: EXHIBITS/SCHEDULES TO AIG SPA.doc

I have attached an initial draft of the Exhibits and Schedules to the
Securities Purchase Agreement.  At your convenience, please provide (1) a
list of the Transferred Insurance Policies, (2) a description of the
maintenance program (and what items will not be completed as of the Closing
Date); and (3) the Operating Budget.

Also, please call me if you have any questions or would like to discuss any
of the items listed on these Exhibits and Schedules.

Best regards,
Jay

Jay Sonnenberg
Bracewell & Patterson, L.L.P.
711 Louisiana St., Suite 2900
Houston, TX  77002-2781
(713) 221-1417 (Ph)
(713) 221-2158 (Fax)

 - EXHIBITS.doc


Please read Brian's memo below.  We spoke briefly about this yesterday in the
staff meeting.  I have copied each of you on a memo earlier today where I
have provide the 2000 Plan allocations.  Please note that we were not making
changes to the Plan, only breaking the Gas Asset group into smaller buckets.
Any chnages which have been made since the budget was approved are NOT
reflected on the allocation sheet.  Rather they ARE reflected on the 1/00
allocations, and they will require explanations each month as all variances
from Plan do.  This includes new RC's which have set up, etc.

I need each of you to review the 2000 Plan allocations as I submitted them
earlier today, and provide an accurate allocation of your RC for 1/00.  What
has your group spent their time on in 1/00???  Please be aware that we could
receive questions from the Commercial teams, so document your logic.  Some
things to consider:

Project Sally - allocate to Gas Network Development
Project Hurricane - allocate to ???? - (I have a call into Jim Coffey)
Denver Business - allocate to Rocky Mountain Asset Originations

If you have some other activities and your not sure where to allocate them,
either call me, Jackie Nelson or Jim Coffey.

One other thing to note:  The Network Trading group will be further broken
down into 2 groups:  Trading (Tom Martin and Jim Schwieger) and
Transportation (Ed Gottlob).  Although the attached worksheet does not
include this breakdown, please include it in yours.

I would like you allocations back to me no later than Thursday, 1/20 @
3:00pm.  Thanks.

---------------------- Forwarded by Brenda F Herod/HOU/ECT on 01/19/2000
05:36 PM ---------------------------

Brian Heinrich
01/14/2000 05:07 PM
To: Robert Superty/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT, Susan
Harrison/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT, Bob Shults/HOU/ECT@ECT,
Sheila Glover/HOU/ECT@ECT, Scott Pleus/HOU/ECT@ECT, D Todd Hall/HOU/ECT@ECT,
Mary Solmonson/HOU/ECT@ECT, Stephen P Schwarz/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Lisa B Cousino/HOU/ECT@ECT
Subject: 2000 Plan Allocations and January Allocations

The attached  files contain the Allocation Percentages for 2000 plan, January
2000 Actuals and a description of the new Assets Teams.

Please update the 2000 plan file to reflect the following changes to the
Assets Team.  The Assets Team is now broken out into the following "groups"
which are described in the attached Word Document:

RC#  Team Name    RC Owner

The 2000 plan file now has columns for the above teams, please take the
percentage that was previously allocatated to Assets (which is in the
Executive column) and reallocate it among all of the teams except Rocky
Mountain Asset Originations that you support.  I have already inserted the
new percentages to be used for Rocky Mountain, which are based on a portion
of the Upstream Origination Allocation that was determined by the Assets
group.  Consequently I have changed the allocation percentage for Upstream
Origination.  I have also protected all of the cells except the ones you need
to change to avoid confusion.

I also need you to update the percentages to be used for January 2000
actuals.  I have added the new RC's that we have set up since plan has been
complete, so please make sure you have each RC 100% allocated.

I will need the updated plan percentages returned to me by noon Wednesday
January 19th, and the updated January 2000 percentages returned to me by end
of day Friday January 21st.

Thanks for your help in getting these updated.
Brian


-----Original Message-----
From: Paul Billingsly [mailto:1pb@prodigy.net]
Sent: Thursday, February 22, 2001 12:49 PM
To: Ward; Tim Pyles; Tim & Vynetta Ryan; Stephen Wilson; Selman; Scott
Starnes; Rusty Glover; Ron Moore; Romberger; Robert Canright; Richard
Beasley; Quentin Mimms; Randall Bean; Monte and Jennifer Mann; Mike
Berryman; Michael Willoughby; Michael Dixon; Matt Oualline; Kellly
Parker; John Jordan; John Hendry; Jeff Weyandt; Jeff Mileger; Jack
Mimms; Hopkins, Rockwell; Gary Calvert; FRED RAINES; Fagen; Kent Smith;
MIKE_D_P; Palmer Weyandt; Roy Hale; Eddie Herring; david w cathey; David
Ashmore; Dan Holcomb; Alan Carson
Subject: Contemporary Poetry

Guys,
Just thought you might find this interesting.? I was forwarded this
poem, and told it was written by a high school student in Az.
Regardless, of who/where (not the point) I find it interesting, weirdly
amusing, and frighteningly fairly accurate.- PB

Now I sit me down in school
Where praying is against the rule
For this great nation under God
Finds mention of Him very odd.

If Scripture now the class recites,
It violates the Bill of Rights.
And anytime my head I bow
Becomes a Federal matter now.

Our hair can be purple, orange or green,
That's no offense, it's a freedom scene.
The law is specific, the law is precise.
Prayers spoken aloud are a serious vice.

For praying in a public hall
Might offend someone with no faith at all.
In silence alone we must meditate,
God's name is prohibited by the state.

We're allowed to cuss and dress like freaks,
And pierce our noses, tongues and cheeks.
They've outlawed guns, but FIRST the Bible.
To quote the Good Book makes me liable.

We can elect a pregnant Senior Queen,
And the 'unwed daddy,' our Senior King.
It's "inappropriate" to teach right from wrong,
We're taught that such "judgments" do not belong.

We can get our condoms and birth controls,
Study witchcraft, vampires and totem poles.
But the Ten Commandments are not allowed,
No word of God must reach this crowd.

It's scary here I must confess,
When chaos reigns the school's a mess.
So, Lord, this silent plea I make,
Should I be shot; My soul please take!

New Contact Numbers:
Paul Billingsly
1pb@prodigy.net
O. 972/396-1002
F.? 972/396-1954
M. 214/878-8767

475 W. Blondy Jhune
Lucas, Texas? 75002

?
 - Paul Billingsly.vcf


----- Forwarded by Jeff Dasovich/NA/Enron on 04/04/2001 10:59 PM -----

	Jean Munoz <jmunoz@mcnallytemple.com>
	04/04/2001 08:51 PM

		 To: "'Andy Brown (E-mail)'" <ABB@eslawfirm.com>, "'B Brown Andy (E-mail)'"
<andybrwn@earthlink.net>, "'Baker Carolyn (E-mail)'"
<cabaker@duke-energy.com>, "'Bob Escalante (E-mail)'"
<rescalante@riobravo-gm.com>, "'Bob Weisenmiller (E-mail)'"
<rbw@mrwassoc.com>, "'Curtis Kebler (E-mail)'"
<curtis_l_kebler@reliantenergy.com>, "Dean. Nistetter (E-mail)"
<Dean.Nistetter@dynegy.com>, "'Douglas Kerner (E-mail)'" <DKK@eslawfirm.com>,
"'Greg Blue (E-mail)'" <gtbl@dynegy.com>, "'Jan Smutny-Jones (E-mail)'"
<smutny@iepa.com>, "'Jeff Dasovich (E-mail)'" <Jeff.Dasovich@enron.com>,
"'Joe Ronan (E-mail)'" <joer@calpine.com>, "'John Larrea (E-mail)'"
<john.g.larrea@williams.com>, "'John Stout (E-mail)'"
<John_H_Stout@reliantenergy.com>, "'Julee Malinowski-Ball (E-mail)'"
<jmball@ns.net>, "'Kassandra Gough (E-mail)'" <kgough@calpine.com>, "'kent
Palmerton (E-mail)'" <kent.palmerton@williams.com>, "'Lynn Lednicky
(E-mail)'" <lale@dynegy.com>, "Marie Moretti (E-mail 2)"
<mmoretti@mccabeandcompany.net>, "'Marty Wilson (E-mail)'"
<mwilson@pstrategies.com>, "'McNally Ray (E-mail)'"
<rmcnally@mcnallytemple.com>, "''Nam Nguyen' (E-mail)'"
<nam.nguyen@powersrc.com>, "'Norton Kelli (E-mail)'"
<knorton@mcnallytemple.com>, "'Paula Hall-Collins (E-mail)'"
<paula.hall-collins@williams.com>, "'Pigott Jack (E-mail)'"
<jackp@calpine.com>, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com>,
"'Roger Pelote (E-mail)'" <roger.pelote@williams.com>, "'Stephanie-Newell
(E-mail)'" <stephanie-newell@reliantenergy.com>, "'Sue Mara (E-mail)'"
<smara@enron.com>, "'Tom Ross (E-mail)'" <tross@mcnallytemple.com>, "Tom
Williams (E-mail)" <tcwillia@duke-energy.com>, "'Alex Sugaoka (E-mail)'"
<alex.sugaoka@uaecorp.com>, "'Bill Carlson (E-mail)'"
<william_carlson@wastemanagement.com>, "'Bill Woods (E-mail)'"
<billw@calpine.com>, "'Bob Ellery (E-mail)'" <bellery@spi-ind.com>, "'Bob
Gates (E-mail)'" <bob.gates@enron.com>, "'Cody Carter (E-mail)'"
<cody.carter@williams.com>, "'Curt Hatton (E-mail)'"
<Curt.Hatton@gen.pge.com>, "'David Parquet'" <david.parquet@enron.com>,
"'Dean Gosselin (E-mail)'" <dean_gosselin@fpl.com>, "'Doug Fernley (E-mail)'"
<fernley.doug@epenergy.com>, "'Duane Nelsen (E-mail)'"
<dnelsen@gwfpower.com>, "'Ed Tomeo (E-mail)'" <ed.tomeo@uaecorp.com>,
"'Eileen Koch (E-mail)'" <eileenk@calpine.com>, "'Eric Eisenman (E-mail)'"
<eric.eisenman@gen.pge.com>, "'Frank DeRosa (E-mail)'"
<frank.derosa@gen.pge.com>, "Frazier Blaylock (E-mail)"
<frazier_blaylock@ogden-energy.com>, "'Hap Boyd (E-mail)'"
<Hap_Boyd@enron.com>, "'Hawks Jack (E-mail)'" <jack.hawks@gen.pge.com>, "'Jim
Willey (E-mail)'" <elliottsa@earthlink.net>, "'Joe Greco (E-mail)'"
<jgreco@caithnessenergy.com>, "'Jonathan Weisgall (E-mail)'"
<jweisgall@aol.com>, "'Kate Castillo (E-mail)'" <CCastillo@riobravo-gm.com>,
"'Kelly Lloyd (E-mail)'" <kellyl@enxco.com>, "'Ken Hoffman (E-mail)'"
<khoffman@caithnessenergy.com>, "'Kent Fickett (E-mail)'"
<kfickett@usgen.com>, "'Lynn Lednicky (E-mail)'"
<lynn.a.lednicky@dynegy.com>, "'Marty McFadden (E-mail)'"
<marty_mcfadden@ogden-energy.com>, "'Paula Soos'"
<paula_soos@ogden-energy.com>, "'Randy Hickok (E-mail)'"
<rjhickok@duke-energy.com>, "Rick S. Koebbe (E-mail)"
<rskoebbe@powerworksinc.com>, "'Rob Lamkin (E-mail)'"
<rllamkin@seiworldwide.com>, "'Ross Ain (E-mail)'" <ain@worldnet.att.net>,
"'Steve Iliff'" <siliff@riobravo-gm.com>, "'Steve Ponder (E-mail)'"
<steve_ponder@fpl.com>, "'Tony Wetzel (E-mail)'" <twetzel@thermoecotek.com>,
"'William Hall (E-mail)'" <wfhall2@duke-energy.com>,
<trusso@mcnallytemple.com>, <sadlersa@earthlink.net>, <mstultz@epsa.org>,
<rtemple@mcnallytemple.com>, <tracy.fairchild@edelman.com>,
<megan.beiser@edelman.com>, <deborah.fiorito@dynegy.com>, <lchurch@epsa.org>,
Katie Kaplan <kaplan@iepa.com>, <tcwillia@duke-energy.com>,
<rwhyde@duke-energy.com>
		 cc:
		 Subject: Davis Press Conference

As you may have heard, Governor Davis intends to hold a press conference
Thursday evening at 6:05 PST to deliver "an important live address on energy
... will speak in detail about California's energy emergency and make an
important announcement." ?He has requested five minutes during evening
newscasts to make his remarks.

While there is no way to know specifics, we've heard rumor that his remarks
will include the following:

1. Discussion of rate increases
2. State's conservation efforts
3. Blame FERC for crisis
4. Point out what a great job he is doing

IEP is prepared to react immediately to the Governor's remarks if needed. ?

Below are two Dow Jones stories on the press conference, and a memo that was
released by Davis' top financial adviser, Joe Fichera.

We'll keep you posted -- but please alert me or Katie if you hear anything.

Thanks,
Jean

--
Jean Munoz
McNally Temple Associates, Inc.
916-447-8186
916-447-6326 (fx)

Calif Gov To Make 'Important' Energy Announcement Thurs  ????
Updated: Wednesday, April 4, 2001 08:17 AM?ET ????
?
(This article was originally published Wednesday)

By Jason Leopold

OF DOW JONES NEWSWIRES

LOS ANGELES (Dow Jones)--In a highly unusual move, California Gov. Gray Davis
Tuesday requested radio and television stations in the state to clear five
minutes of time Thursday evening so he can make an important announcement
regarding the state's energy crisis.

Davis is expected to deliver a speech at 6:05 p.m. PST and will likely talk
about the state's conservation efforts, a 4,000 megawatt shortfall expected
next month, the need to bring new generation online, recent rate hikes
ordered by the California Public Utilities Commission, and the possibility
for further rate increases this summer to keep the state's three
investor-owned utilities solvent, sources close to Davis told Dow Jones
Newswires.

The source said Davis is not expected to discuss a final agreement to buy the
power lines owned by PG&E Corp. (PCG, news, msgs), unit Pacific Gas &
Electric, Edison International's (EIX, news, msgs) unit, Southern California
Edison, and Sempra Energy's (SRE, news, msgs) unit, San Diego Gas & Electric.

Davis' press secretary, Steve Maviglio, would not comment on Davis' speech.

In a memo to the media, Davis' office said the governor will "deliver an
important live address on energy from his office in Sacramento. During this
historic address to the people of California, the governor will speak in
detail about California's energy emergency and make an important
announcement."

The last time a California governor interrupted a broadcast schedules was in
1992, when Republican Gov. Pete Wilson delivered a speech about the state's
budget problems, a spokesman in Davis' office said.

But Davis' staff said "this is the first time in recent memory that a
Governor has asked for time statewide to deliver a live address to the people
of California."

-By Jason Leopold; Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com

Calif Gov Staff To Speak To Analysts About Energy Crisis ?? ??
Updated: Wednesday, April 4, 2001 05:37 PM?ET ???
?
LOS ANGELES (Dow Jones)--California Gov. Gray Davis' advisers will speak to
Wall Street analysts Thursday following a live state address on the state's
energy crisis, according to an email sent to the financial community and
obtained by Dow Jones Newswires.

Daivs' staff, in a highly unusual move, asked radio and television
broadcasters to clear five minutes of air time Thursday night so Davis can
make an "important announcement" about the state's months-long energy crisis.

Sources close to the governor said Davis will discuss the state's
conservation efforts, a 4,000 megawatt supply shortfall expected this summer,
recent rate increases ordered by state regulators and the possibility for
further rate increases to replenish the state's budget surplus.

Davis is expected to discuss plans for keeping the state's three
investor-owned utilities, PG&E Corp. (PCG, news, msgs) unit Pacific Gas &
Electric, Edison International (EIX, news, msgs) unit Southern California
Edison and Sempra Energy (SRE, news, msgs) unit San Diego Gas & Electric,
solvent but he isn't expected to discuss a proposal to buy the utilities'
power lines.

Davis spokesman, Steve Maviglio, said he couldn't comment on the governor's
speech. He said, however, Davis has received the financial data regarding the
state's spending on wholesale electricity and what it expects to spend in the
months ahead.

In the email sent to Wall Street analysts, Davis' top financial adviser, Joe
Fichera, said the governor's advisers will hold a conference call at 9:45
p.m. EDT (0145 GMT) with analysts followed by a question-and-answer session.

Regarding Davis' speech Thursday, Fichera wrote in his email that "while
everyone will wish to speculate on what (Davis) will or will not say, I can
point out that the governor has been consistent in his goals to achieve:
significant demand side management, increased generation supply and
restoration of the financial health of the investor-owned utilities.

"All three components are important elements to resolving the energy
situation in California and will be addressed by the governor," Fichera wrote
in the email.

In addition, "it may go without saying, but the situation in California
involves many moving parts, many constituencies and independent players that
need to be brought together to resolve a problem that is of a size and scope
that no one anticipated," Fichera's email says.

"It certainly appears confusing and chaotic. The governor and his team
recognize the complexity of the problem and are rigorously attempting to move
the process to closure," the email says. "He is addressing all open issues so
that consumers, investors and others can achieve some certainty and move on.
We cannot make all the moving parts stop, nevertheless, the governor will
provide the leadership needed for a resolution."

-By Jason Leopold, Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com ????? ???

To: Members of the Financial Community
>
> Governor Gray Davis will make an important announcement about the energy
> crisis in California on Thursday at 6:05 PM PST.
>
> There will be a Financial Analyst conference call/presentation/Q&A with
> the Governor's advisors at 6:45 pm PST/9:45 pm EST. ?Details about the
> call-in number etc. will follow.
>
> While everyone will wish to speculate on what he will or will not say, I
> can point out that the Governor has been consistent in his goals to
> achieve:
> ?
> 1) significant demand side management (which reduces the State's need for
> expensive power and influences the spot market for power ),
> 2) increased generation supply (to provide reliability and stable prices)
> and
> 3) restoration of the financial health of the investor-owned utilities.
>
> All three components are important elements to resolving the energy
> situation in California and will be addressed by the Governor.
>
> It may go without saying but the situation in California involves many
> moving parts, many constituencies and independent players that need to be
> brought together to resolve a problem that is of a size and scope that no
> one anticipated. ?It certainly appears confusing and chaotic. ?The
> Governor and his team recognize the complexity of the problem and are
> rigorously attempting to move the process to closure. ?He is addressing
> all open issues so that consumers, investors and others can achieve some
> certainty and move on. ?We cannot make all the moving parts stop
> nevertheless, the Governor will provide the leadership needed for a
> resolution. ?
>
> We look forward to speaking with you tomorrow after the Governor's
> address.
>
> In the meantime, if you would like to speak to me or have any other
> questions, contact me at the numbers below.
>
> J
>
> Joseph S. Fichera
> Senior Managing Director & CEO
> Saber Partners, LLC
>
> Banker-Advisor
> Office of Governor Gray Davis
> State of California
> Sacramento, CA ?
>
> Tel: 916-324-3628
> Cel: 917-862-0619
>

 - Action Items


Tanya:  Who in your group handles softs (coffee, sugar, cocoa)?  As you may
know, softs have been approved for OTC financial trading.  We are currently
structuring the softs trading entity(ies) and I think credit should be
involved.  Janine Juggins is handling tax.

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


Dar, are you on-line?  If so, please answer back.  I have questions.  Well,
I'll ask them.  Did you get the wedding pics?

me


Any GCP adjustments will be highlighted in red.

Best Rgds.

Samuel x3-9890
ENW_GCP

From: Walter Guidroz/ENRON@enronXgate on 03/23/2001 04:52 PM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global Contracts and Facilities@ENRON, Enron Europe Global
CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications
cc:
Subject: EOL approvals, 03-23-01

Please see attached.


To All Employees:

This morning Enron took a series of actions designed to stabilize our situation and preserve the value in our businesses:

-- We filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code. Contrary to popular belief, this does not mean we are out of business. What it does mean is that we have entered into a court-supervised process by which we can continue to operate most of our businesses, reorganize our finances, and explore various strategic, operational and financial alternatives, including the sale of non-core assets, in an orderly manner.

-- In connection with our filing for Chapter 11 reorganization, Enron is in active discussions with leading financial institutions for debtor-in-possession (DIP) financing and expects to complete these discussions shortly. Upon the completion and court approval of these arrangements, the new funding will be available immediately on an interim basis to supplement Enron's existing capital and help the Company fulfill obligations associated with operating its business, including its employee payroll and payments to vendors for goods and services provided on or after today's filing.

-- We filed a lawsuit against Dynegy, alleging breach of contract and other causes of action for Dynegy's wrongful termination of our proposed merger. We are asking the court for damages of not less than $10 billion.

-- We also announced this morning that we are in active discussions with various leading financial institutions about providing financial support to recapitalize and revitalize the company's wholesale energy trading operations under a new ownership structure. As contemplated, this recapitalized entity will be staffed with people from Enron's current wholesale energy trading team, and will conduct counterparty transactions through EnronOnline.

These are the first steps in a strategic restructuring process that will allow Enron to meet its obligations to its creditors and preserve the value in our core wholesale energy trading business. From an operational standpoint, our energy businesses - including our pipelines, utilities and other energy assets - are conducting safe and normal operations around the world, and will continue to do so.

As you know, the second and unavoidable part of our restructuring is to improve our financial position by implementing a comprehensive cost-savings program. This will entail a significant reduction in our work force. This is painful for all of us and our goal is for as many of you as is possible to know where you stand by the end of the day Tuesday, though in some cases notification will take longer.

For our friends and colleagues who will lose their jobs as part of this process, you will remain on the company payroll for now. In addition, we will submit a severance pay plan to the Bankruptcy Court for approval. This approval must be received before we can begin paying severance benefits. We will be providing more information about this plan as soon as the Court has made its determination.

I know these actions raise new questions about our company's future and what this means for each of us. Your business unit leader will be holding floor meetings on Monday to discuss these events with you. In addition, you can access a copy of the press release on  <http://home.enron.com/>. We will also have a Q&A and other materials for you on Monday. While there is a great deal we simply don't know yet, we hope these materials will help answer at least some of your questions.

When decisions are made affecting our company, people, and operations, we will let you know as quickly as possible. There is still considerable value and opportunity in our business. The strategic restructuring process that we are beginning will allow us to preserve that value and those opportunities.

On behalf of the Board and entire management team, we greatly appreciate your patience, your professionalism and whatever support you can offer each other as we navigate through these tough times to a better future.

Ken


Start Date: 4/29/01; HourAhead hour: 5;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042905.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 5 / Preferred:  41.00 / Final:  19.20)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/29/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_SCOUT
  ENGY_TYPE: FIRM

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 5 / Preferred: 194.00 / Final: 175.00)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/29/01
  TRADING_SC: APX1
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 5 / Preferred: 127.00 / Final: 126.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/29/01
  TRADING_SC: PWRX
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 5 / Preferred:   4.61 / Final:   4.42)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 4/29/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 5 / Preferred:  42.61 / Final:  40.03)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/29/01
  SC_ID: EPMI


October 10, 2001

Federal Trade Commission Announces Broad Privacy Agenda
 and Promises Strict Enforcement Online and Offline

In a long-awaited address to Privacy 2001, FTC Chairman Timothy Muris has
announced a new, wide ranging privacy agenda and promised to increase
enforcement of privacy standards both online and offline.

It has been unclear for some time just how the Bush Administration would
approach consumer privacy in the US, and there has been speculation in the
wake of the September 11 attacks that this agenda item, once so commonly
discussed, would take a back seat to public security concerns.  In his
speech on October 4, 2001, Chairman Muris announced that as part of getting
back to business, it was time to focus on "individual privacy in the
commercial realm and on what the FTC itself can do."  Assuring consumers
that privacy promises will be taken seriously, Muris promised to "increase
our enforcement of laws protecting consumer privacy."

Importantly, Chairman Muris announced that the FTC would not itself propose
new legislation to accomplish the FTC's privacy goals (though there are
dozens of bills pending in the 107th Congress addressing consumer privacy
which their advocates vowed to continue to push).  Instead, the clear
message of his address was that the FTC would use existing laws, regulations
and standards to achieve the FTC's privacy agenda.  The chairman made a
point of stating that the FTC's role would no longer be limited to online
concerns as has been the case since the FTC began studying online privacy in
1995.  Instead, due to the convergence of online and offline information
systems, the FTC would expand its activities to consumer privacy issues,
wherever they may arise.

FTC Privacy Agenda

The FTC Chairman issued a 12-point "Privacy Agenda."  Key points that likely
are of most interest to the business community include:

	1.	Enforcement of Privacy Promises.  FTC will step up its
enforcement under Section 5 of the FTC Act, which will include inappropriate
information transfers under the guise of bankruptcy or reorganizations; it
will also enforce compliance with the US-EU Safe Harbor Privacy Program.
	2.	Encouragement of Consumer Complaints.  Part and parcel of
its enforcement through the FTC Act, the FTC will make the complaint process
more consumer-friendly.
	3.	Enforcing the Gramm-Leach-Bliley Act.  The FTC will
"undertake enforcement efforts to ensure that financial institutions comply
with the law and will implement an outreach program to increase consumer
awareness of the [privacy] notices."  The FTC also will increase its
enforcement against pretexting, by seeking injunctions against information
brokers.  (Pretexting involves fraudulently obtaining personal financial
information by individuals calling financial institutions under the
"pretext" of being a customer.)
	4.	Enforcing the Fair Credit Reporting Act.  The FTC will "step
up its efforts" to ensure that consumers are advised of reasons for the
denial of credit and that information in their credit files is accurate.
	5.	Amendment of Telemarketing Sales Rule.  The FTC will amend
the Telemarketing Sales Rule to allow consumers to make a single call to
remove their names from telemarketing lists by creating a national
"do-not-call list."  Rule revisions also will include limitations on the
misuse of names and credit card numbers already in possession of
telemarketing companies.
Other items on the FTC's new Privacy Agenda include:
	*	Increased efforts to eliminate fraudulent and deceptive
SPAM.
	*	Stronger enforcement of the Children's Online Privacy
Protection Act (COPPA).
	*	Assistance to victims of identity fraud, and stepped up
prosecution of perpetrators.
	*	Conduct of workshops to evaluate compliance with privacy
laws and self-regulation standards, and evaluation of improved means for
assuring information security.

To achieve the FTC's new agenda, Chairman Muris announced an increase of 50%
in its privacy enforcement staff, from 37 to 52.

No Need for More Legislation - At Least for Now

Despite promises of stepped-up enforcement of privacy standards, Chairman
Muris announced that he thought it was still too early to assess the
effectiveness of existing legislation and industry self-regulation on
privacy concerns.   He rejected, at least for now, new legislation, saying
that "[a]t this time, we need more law enforcement, not more laws."

Nevertheless, Muris clearly has not been impressed with certain industry's
compliance with existing law.  Regarding the Gramm-Leach-Bliley Act, he
said:  "Acres of trees died to produce a blizzard of barely comprehensible
privacy notices. . . We can do better."  To address this and other
compliance issues, the FTC will hold a compliance workshop in Washington,
D.C., in December, where the FTC will review compliance experience before
new legislation is proposed.

Further Developments
We will continue to monitor the privacy agenda announced by the FTC.  Please
let us know if you would like to be advised of further developments in this
area.
* * * * *
McCutchen lawyers represent a wide range of clients in the privacy and
information security  area.  For more information on the important issues in
this McCutchen Alert, please contact Michael Arruda (marruda@mdbe.com;
415-393-2588).
We have taken the liberty of adding you to our privacy mailing list because
we thought you might be interested in receiving our periodic updates in this
area.  If you wish to be removed from our privacy mailing list, please send
an email to privacy@mdbe.com asking us to do so and we will respect your
request immediately.

E-MAIL NOTICE

This e-mail message is for the sole use of the intended recipient(s) and may contain confidential and/or privileged information. Any review, use, disclosure or distribution by persons or entities other than the intended recipient(s) is prohibited. If you are not the intended recipient, please contact the sender by reply and destroy all copies of the original message. Thank you.

To reply to our E-mail Administrator directly, send an email to Postmaster@mdbe.com or call (415) 393-2000 and delete this email.

McCUTCHEN, DOYLE, BROWN & ENERSEN, LLP

http://www.mccutchen.com

 - C.DTF


My mom got me on this list that sends me a word a day. Thought y'all would
get a kick out of today's word...

Fletcherize (FLECH-uh-ryz) verb tr., intr.

To chew food thoroughly.

[From the practice of chewing food many many times as advocated by Horace
Fletcher, U.S. nutritionist (1849-1919).]

"Dinner table conversation comes to a halt as people around the nation
Fletcherize."
Morsels from Diet History, Florida Today, Oct 19, 1999.

The idea of Fletcherizing invites the question, "Is too much of a good thing
better?" Horace Fletcher proposed that one should grind food once for each
tooth in the mouth. That implies that we masticate each bite of pizza as
many as 32 times. I'd rather stick with the idea that each byte has eight
bits. At any rate, Mr. Fletcher, the art dealer turned nutritionist, did
earn the moniker `The Great Masticator,' for his popular book at the time
and got his name into the dictionary. This week we'll look at more such
words, eponyms, coined after people from fact and from fiction.    -Anu

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


-----Original Message-----
From: Daniel Douglass [mailto:Douglass@ArterHadden.com]
Sent: Friday, April 13, 2001 6:20 PM
To: JBennett@GMSSR.com; jsqueri@GMSSR.com; mday@GMSSR.com
Subject: A.00-11-038, et al - - Testimony of the Alliance for Retail Energy
Markets

Attached is a copy of the Prepared Direct Testimony of the Alliance for
Retail Energy Markets. The previous email did not include the attachment.

 - Weller Testimony - Final.doc


Did Steve S ask that it be added to the list?  I would let them bring it up
if he didn't.  We spent quite a bit of time and effort on the LOL clause, and
it was subject to lots of give and take.

Kay

John G Rigby@ENRON_DEVELOPMENT
05/18/2001 07:03 AM
To: Sheila Tweed/HOU/ECT@ECT, Kay Mann/Corp/Enron@ENRON, pthompson@akllp.com,
Roseann Engeldorf/Corp/Enron@ENRON
cc: Scott Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bill
Williams/PDX/ECT@ECT, John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Arcos- World Hunger- LOL fines carve out.

GE has informed us during the Arcos discussion that GE senior management has
directed that the GE deal team cannot agree to allowing GE indemnity
obligations related with government fines for failure to comply with law to
be exclude from the limit of liability.

This needs to be added to Pete T's World Hunger Punchlist of issues.

Enron Arcos deal team has not agreed to GE's position.


Here is the FERC order and press release.  Please call with questions

Katie Kaplan
Manager of State Policy Affairs
IEP
(916) 448-9499

 - CaliforniaOrderPressRelease11-01-00.doc
 - Order in Docket EL00-95.doc


Access to the Internet and Intranet is currently being affected, throughout Enron. Global Infrastructure is working to alleviate the issue. There is currently no estimated time of completion.

You may be effected in the following manner:
?	slow access to internet
?	no access to internet
?	slow access to intranet
?	no access to intranet

Further updates will be provided


Sally,

Are you aware of the problems with SAP?  This error caused an incremental
$600,000 credit loss to Perry Gas Companies that could have been prevented.

Let me know if you have any questions.

Bill

---------------------- Forwarded by William S Bradford/HOU/ECT on 09/22/2000
04:02 PM ---------------------------

From:  Russell Diamond
     09/22/2000 03:01 PM

To: William S Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT
cc:
Subject: Re: Perry Gas -SAP Override issue

FYI-

---------------------- Forwarded by Russell Diamond/HOU/ECT on 09/22/2000
03:01 PM ---------------------------

	From:  Bryce Baxter                           09/22/2000 02:47 PM

To: Russell Diamond/HOU/ECT@ECT
cc:
Subject: Re: Perry Gas -SAP Override issue

Russell - as I remember, Willie finaled the Supply Verification and it was
interfaced to SAP.  This is fine, and then Willie was going to net the A/P
and A/R.  SAP went down after the statement was interfaced, but before Willie
was able to block or net the payment.  When SAP came back up the next day,
the payment had already gone out and we were unable to recall the wire.  If
you have any further questions about this, call me.  Thanks.

From:  Russell Diamond
     09/22/2000 01:46 PM

To: Willie Stewart/HOU/ECT@ECT
cc: Audrey Cook/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT
Subject: Perry Gas -SAP Override issue

Willie,

Per our earlier conversation, can you or Audrey or Bryce, please give further
explain to me as to why the funds were wired to Perry Gas for purchases from
the counterparty instead on netting the amounts between purchases and sales.
You mentioned to me the process of overriding the counterparty's that net on
SAP, although because of timing, the override did not take place.

Thank you,

Russell


The VisuPro download for Monfort is on the Zoom network:
ScadaData:\\Monfort\2002\Apr\Apr10\

Data sets for Apr 5
  Apr 8
  Apr 10

-John


Donna:

I checked the corporate database and Rick is a Vice President of RAC.  Do we want to prepare new board resolutions authorizing him as a second signatory on the brokerage agreements for ENA, ECT Investments and Enron Credit Inc.?

Marie


I think your outlined measures sound fine.  I would think we could change to the new hotline almost immediately.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


With SECLP being shutdown for almost two months and no positive news in sight I think we need to address the internal transfer of $28 million to settle the outstanding fuel bill. There is no longer a reason for this to remain on EFI's receivables and we need to settle the account.


I would like to receive the guide.  My location is 3138c.

Daren


Carol - I think Valerie Mooney (our credit person) and Ed Sacks are still
discussing some minor fine tuning of the LOC format.  I spoke to Bob Bruce
this morning - we're all set on the language in the Schedule to the ISDA,
and there is a minor credit/billing issue in Paragraph 13 related to the
timing of transfer of interest on collateral that Val will discuss with Ed
as well.  As far as the EEI goes, the only remaining issue that I'm aware
of (aside from finalizing the LOC) is whether we've finished coordinating
the Attachment containing the list of prior transactions.  Sounds like we
may actually get these documents executed early next week.

Phyllis Lemell


Hi folks:
Well, I ended up traveling ALL week, which I wasn't happy about.  Worse, some
nimrod Enron IT person in Houston (where I was for part of the time) deleted
my entire *&$*(!*-ing hard disk (which stupidly, I hadn't backed up)---year's
worth of work and school gone, kaputt.  Anyway, if there's any chance that
someone has all of the cases that we did and could email them to me, I would
be greatly indebted.  Sorry for the inconvenience, and see you on Monday.

Best,
Jeff


get me a spot on the shuttle.  But I'll probably use a car service.  What
time does this concert thing start, and can you get me all other directions,
and info.  Thanks.  Jeff
----- Forwarded by Jeffrey A Shankman/HOU/ECT on 02/15/2001 08:45 AM -----

	Nicki Daw/ENRON@enronXgate
	02/14/2001 05:03 PM

		 To: Cindy Olson/Corp/Enron@ENRON, Jeffrey A Shankman/HOU/ECT@ECT, John J
Lavorato/ENRON@enronXgate, Mark E Haedicke/HOU/ECT@ECT, Marty
Sunde/HOU/EES@EES, Raymond Bowen/ENRON@enronXgate, Rick Buy/HOU/ECT@ECT,
Sally Beck/HOU/ECT@ECT, Steven J Kean/NA/Enron@Enron, Wes
Colwell/HOU/ECT@ECT, James A Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Jennifer Burns/HOU/ECT@ECT, Connie
Blackwood/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kimberly
Hillis/ENRON@enronXgate, Janette Elbertson/HOU/ECT@ECT, Cathy
Corbin/HOU/EES@EES, Marsha Schiller/ENRON@enronXgate, Karen K
Heathman/HOU/ECT@ECT, Patti Thompson/HOU/ECT@ECT, Maureen
McVicker/NA/Enron@Enron, Shirley Tijerina/Corp/Enron@ENRON, Kathy
McMahon/NA/Enron@Enron
		 Subject: Rodeo - Monday 19th February

I am pleased you and your spouse are able to join me at the Rodeo on Monday
19th February.  Your tickets will be delivered to your office tomorrow
(Thursday).

The Enron Suite is number 23.  It will be open from 5.30pm.  As there is no
parking at the Astrodome, I have arranged for a shuttle bus to run from the
Enron Building to the Astrodome from 6pm until 10.30pm.  If you would like to
utilize this, please respond to Nicki Daw (x33497).

Depart Enron Building for Astrodome
 6pm
 6.45pm
 7.30pm

Depart Astrodome for Enron Building
 9pm
 9.45pm
 10.30pm

Please click on the following link to see the itinerary for 19th February.
http://www.rodeohouston.com/calendar/day.cfm?day=2%2F19%2F2001

Mark


Phillip - this fall is nearing it's end for recruiting.  Schools are selected
by an executive committee and program management.  I suggest that early next
spring, you contact Celeste Roberts and discuss your request with her.
Celeste is my Director, however she is out on maternity leave at this time.

Thank you
Shelly

Phillip M Love
10/11/2000 07:41 AM
To: Shelly Jones/HOU/ECT@ECT, Recruiting Manager@ENRON
cc:
Subject: Re: Associate/Analyst Super Saturday Participation

Just curious how I may assist in getting Auburn University's name added to
recruiting endeavors.  Of course I am an alum, and I believe you will find we
have an excellent engineering and business school.  Just curious, thanks.
PL


Thanks for the heads up!  I was out sick yesterday and will probably be
leaving early today.  Still not feeling so good.  When do you go to London?
Or have you gone already?

	Mandy.Bowles@email.moore.com
	01/08/2001 10:01 AM

		 To: gerald.nemec@enron.com
		 cc:
		 Subject: U2

Heard on the radio this morning that they're announcing tour dates tomorrow
or the next day - might wanna check into it!

Mandy


no actually i was here until 700  ... filming a movie

From: Margaret Allen@ENRON on 11/02/2000 08:25 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: NYC rocks

my, my, my, you must have left early yesterday to just have received my
email.

Have I told you how much I love it here?  I think I need to move back...


Sally,

I confirmed today that I will be in New York for the DIG meeting on April 27
and 28.  If you would like, we could do the office review on the 26th.

        Jim


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

F O R

November 10, 2000 5:00pm through November 13, 2000 12:00am
------------------------------------------------------------------------------
------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: POSTPONED
Impact:  EDI
Time:  Sat 11/11/2000 at  11:00:00 PM CT thru Sun 11/12/2000 at  1:00:00 AM CT
 Sat 11/11/2000 at    9:00:00 PM PT thru Sat 11/11/2000 at 11:00:00 PM PT
 Sun 11/12/2000 at   5:00:00AM London thru Sun 11/12/2000 at 7:00:00 AM London
Outage:  EDI HUB DISK VOLUME INCREASE
Environments Impacted:  Corporate
Purpose: Continued EDI volume increases require the addition of more disk
space for EDI operations.
Backout: Utilize current configuration w/o new HACMP configuration
Contact(s):  Jack Metkus
  Jim Nelson  3-7799  713-327-2007
  Karen O'Grady  5-7149  713-327-4805
  Jack Metkus  3-0362  713-288-0743

EI: SEE ORIGINAL REPORT

ENRON NORTH AMERICAN LANS:  No Scheduled Outages.

FIELD SERVICES:  No Scheduled Outages.

INTERNET: ALSO SEE ORIGINAL REPORT
Impact:  eol
Time:  Fri 11/10/2000 at  6:00:00 PM CT  thru Fri 11/10/2000 at  7:00:00 PM
CT
 Fri 11/10/2000 at  4:00:00 PM PT thru Fri 11/10/2000 at   5:00:00 PM PT
 Sat 11/11/2000 at 12:00:00 AM London thru Sat 11/11/2000 at  1:00:00 AM
London
Outage:  eol net change
Environments Impacted:  EOl
Purpose:
We have found that IP multicast storms on the EOL internal subnet 172.16.21.0
briefly incapacitate the EOL firewall eolfw1.  To solve the problem, we will
insert a new VLAN/subnet 172.16.23.0 between 172.16.21.0 and the firewall so
that no IP multicast traffic will reach the firewall interface.  Physical
work includes running two copper cables from trd-cx[12]-3405 port 6/7 to
eolfw1 and logical work entails defining the new VLAN on the
switches/routers, enabling interface vlan23 and changing

ip route 192.216.56.0 255.255.255.0 172.16.21.4
ip route 192.216.57.0 255.255.255.0 172.16.21.4
to
ip route 192.216.56.0 255.255.255.0 172.16.23.4
ip route 192.216.57.0 255.255.255.0 172.16.23.4
on the routers, and replacing
route inside 10.0.0.0 255.0.0.0 172.16.21.1 1
route inside 172.16.0.0 255.242.0.0 172.16.21.1 1
route inside 192.168.0.0 255.255.0.0 172.16.21.1 1
with
route inside 10.0.0.0 255.0.0.0 172.16.23.1 1
route inside 172.16.0.0 255.242.0.0 172.16.23.1 1
route inside 192.168.0.0 255.255.0.0 172.16.23.1 1
on eolfw1.
Backout:
Contact(s):  Anchi Zhang  713-853-5464

LOTUS NOTES: No Scheduled Outages.

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS: ALSO SEE ORIGINAL REPORT
Impact:  CORP
Time:  Sat 11/11/2000 at  8:30:00 AM Buenos Aires thru Sat 11/11/2000 at
5:00:00 PM Buenos Aires
 Sat 11/11/2000 at  5:30:00 AM CT thru Sat 11/11/2000 at  2:00:00 PM CT
 Sat 11/11/2000 at  3:30:00 AM PT thru Sat 11/11/2000 at  12:00:00 PM PT
 Sat 11/11/2000 at  11:30:00 AM London thru Sat 11/11/2000 at  8:00:00 PM
London
Outage:  Maintenance electricity
Environments Impacted:  ESA - Buenos Aires
Purpose: Electrical security
Backout: Back to the original project.
Contact(s):  Ariel Bruch
  Nilson Busto  55-11-5503-1347 office
55-11-9233-7481 cel

Impact:  ESA
Time:  Sun 11/12/2000 at  2:30:00 PM Brazil thru Sun 11/12/2000 at  6:00:00
PM Brazil
 Sun 11/12/2000 at  10:30:00 AM CT thru Sun 11/12/2000 at  2:00:00 PM CT
 Sun 11/12/2000 at   8:30:00 AM PT thru Sun 11/12/2000 at  12:00:00 PM PT
 Sun 11/12/2000 at  4:30:00 PM London thru Sun 11/12/2000 at  8:00:00 PM
London
Outage:  Maintenance to the electrical systems
Environments Impacted:  Sao Paulo Office
Purpose: Security maintenance
Backout: Back to the original project.
Contact(s):  Nilson Busto  55-11-5503-1347 office
55-11-9233-7481 cel

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY: SEE ORIGINAL REPORT

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:
Impact:  CORP
Time:  Fri 11/10/2000 at  6:00:00 PM CT thru Sat 11/11/2000 at  8:15:00 AM CT
 Fri 11/10/2000 at  4:00:00 PM PT thru Sat 11/11/2000 at  6:15:00 AM PT
 Sat 11/11/2000 at  12:00:00 AM London thru Sat 11/11/2000 at  2:15:00 PM
London
Outage:  Unify
Environments Impacted:  Unify Users
Purpose: For better I/O performance
Backout: Restore the database with the backup
Contact(s):  Jaikishore Bharathi   713-853-0347
------------------------------------------------------------------------------
-------------------------------------------------------
FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center
(713) 853-5536   Information Risk Management

Specific Applications Help:
Unify On-Call      (713) 284-3757  [Pager]
Sitara On-Call     (713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS   (713) 639-9726  [Pager]
OSS/UA4/TARP    (713) 285-3165  [Pager]
CPR      (713) 284-4175  [Pager]
EDI Support      (713) 327-3893  [Pager]
All Other Systems    (713) 563-5797  [Pager]
      or (713) 563-5987  [Pager]


I think Ben's time frame is realistic. I assume we will enter into an
assignment and assumption agreement with Sithe, to which GE will consent. In
addition, we may need an override letter to the turbine contract to address
the E-Next/accounting issues. GE is familiar with what we need in for E-Next,
which should help expedite matters.

Kay

From: Ben Jacoby/ENRON@enronXgate on 05/31/2001 07:55 PM
To: Joseph Deffner/ENRON@enronXgate, Kay Mann/Corp/Enron@Enron, W David
Duran/ENRON@enronXgate, Herman Manis/ENRON@enronXgate, Roseann
Engeldorf/ENRON@enronXgate, Chip Schneider/ENRON@enronXgate, Lisa
Bills/ENRON@enronXgate
cc:

Subject: RE: GE Turbines

I've been told that we need to resubmit a non-binding expression of interest
by Tuesday. Previously, we submitted a one page non-binding letter indicating
that the FMV of the units is $44 MM each. You raise a good point in that we
should be prepared to say (again, on a non-binding basis) how long we will
need to close (in addition to increasing the bid on the units). I think if
our number is good, 30 - 45 days for documentation and close would work, but
I think we should also be willing to post some non-refundable $s within say,
2 weeks on the basis of an exclusivity agreement with Sithe.

The group's thoughts on this would be appreciated.

Thanks.

 -----Original Message-----
From:  Deffner, Joseph
Sent: Thursday, May 31, 2001 6:56 PM
To: Jacoby, Ben; Mann, Kay; Duran, W. David; Manis, Herman; Engeldorf,
Roseann; Schneider, Chip; Bills, Lisa
Subject: RE: GE Turbines

What is expected for the Tuesday bid? I would guess the most critical from a
timing perspective will be a response centered on price and
commercial/technical issues. Michael indicates below he would like a
timetable for internal approvals to a closing. Do we have any indication how
pressed he is to close and fund versus agreeing on economic terms quickly and
allowing us to review the form of contract to ensure compliance with
accounting and finance guidlelines along the lines of our discussion earlier
this week? Thanks.

 -----Original Message-----
From:  Jacoby, Ben
Sent: Thursday, May 31, 2001 5:59 PM
To: Mann, Kay; Schneider, Chip; Bills, Lisa; Manis, Herman; Engeldorf, Roseann
Cc: Booth, Chris; Rose, Steven; Virgo, Robert; Duran, W. David
Subject: FW: GE Turbines

All:

FYI, tomorrow I should receive turbine contracts for the 3 GE 7FAs being sold
by Site. Please see the e-mail below from Sithe's advisor regarding the
transaction schedule. Kay and I plan to initially review the contract, and I
have a technical team (Booth / Rose) ready to review the contracts as well.

From an accounting / finance perspective, I am interested in how we should
proceed given the circumstances. Kay and my initial plan is to review the
contracts from a technical / legal / commercial perspective and submit a
revised indicative number by Tuesday in consultation with Duran. Between now
and then, it would be helpful to know from accounting / finance how we should
proceed given that we are in a bidding situation (with I'm told three other
bidders). Herman / Rose / Lisa - please let me know your thoughts on this.

Chip - I would like Chris Booth to work with you on putting a draft DASH
together.

In the meantime, I will forward turbine contracts to everyone as soon as I
receive them.

Regards,

Ben

 -----Original Message-----
From:  MKolman@rcgroup.com@ENRON
[mailto:IMCEANOTES-MKolman+40rcgroup+2Ecom+40ENRON@ENRON.com]
Sent: Thursday, May 31, 2001 2:40 PM
To: Ben.F.Jacoby@enron.com
Subject: Re: GE Turbines

Ben:

Per our conversation today, the turbine contract and LTSA are being sent
via Fed Ex to your office in Houston.

Final bids are due next Tuesday, June 5th via fax to 781-270-0055.  Bids
should include best price and a closing schedule (date by which bidder will
have all internal approvals necessary to enter into a binding agreement
with Seller subject only to consent from GE).

Thanks again for you patience and please call me if you have any questions,

Michael

================
Michael A. Kolman
Principal
Navigant Capital
(781) 564-9774 (direct)


Below are the Transmission Line Interconnects for the 2000 Peakers:

 Gleason -

 TVA Johnsonville-Weakley 500KV

 Wheatland -

 IPL Petersburg-Breed 345KV
 Cinergy Qualitech-Gibson 345KV

 Lincoln Center

 ComEd Lincoln Center-Wilton Center 345KV Radial Tie

Rick


Here's a first-crack at a letter for the CEOs to sign.  I couldn't open
Microsoft Word, so I apologize it's in the body of this email.  Once we
circulate a draft and get a version people are comfortable with, I'd
recommend the following actions (but not by Enron):
 * send the letter to the governor and all members of the Legislature
 * run the letter as a full-page ad in key newspapers
 * advance the story to the media for earned coverage (possible editorial
boards w/ several CEOs -- not Enron)  We could have an effort in both
Northern and Southern California -- w/ different CEOs to emphasize the
bipartisanship and diversity of support for the solution.  This media effort
should target broadcast, as well.

Edit away!

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

An open letter to Governor Davis and members of the Legislature:

California's energy crisis has persisted and worsened over the past 12
months.  We have already experienced blackouts, and with summer fast
approaching, unless something is done immediately, the worst is yet to come.
The North American Electric Reliability Council released a report last week
that said California is expected to experience more than 260 hours of
blackouts this summer -- that's ten days without power.  California's economy
cannot afford to grind to a halt because we have no power.

Two of the state's largest companies have been thrown into financial
turmoil.  Pacific Gas & Electric has already declared bankruptcy, and
Southern California Edison is on the brink.  With California spending more
than $____ a day on power and depleting cash reserves, the State's credit
rating has been downgraded -- only Louisiana has a lower rating.

While there has been much talk of potential solutions, none have advanced.
There is too much at risk to delay another day.  Therefore, we, the
undersigned, are proposing a comprehensive five-step solution to solve
California's short- and long-term energy crisis that includes the following:

 1.  Decrease demand -- There is no time to build power plants or get
additional generation on-line in time for  this summer.  Therefore, the only
option to reduce the impact of an electricity shortage this summer is to
reduce  consumption.  This can be accomplished in several ways:
  Real-time pricing --  prices should reflect the cost of producing
electricity, which varies throughout the   day.  When demand is at a peak,
prices are high; when demand drops, so do prices.  This will give   customers
a financial incentive to conserve and take simple actions, like turning the
thermostat up two   degrees.
  Demand buy-down programs -- If a customer is willing to pay for kilowatts
used, he/she ought to be   compensated for kilowatts saved. NEED TO SAY WHO
WILL PAY FOR THIS

 2. Increase supply -- The Governor has taken an important first step by
using his executive powers to   streamline power plant siting.  While the
state currently has approved 13 power plants totaling 8,512 megawatts,  it's
not enough.  California ought to be the most attractive place to build power
plants, transmission lines and  pipelines; instead, it's the least.  There is
a backlog of turbines for power plant development, yet of the 1,000
backlogged, only 24 are earmarked for California because the state has sent
an "anywhere but here" message  to investors.  The state's political leaders
must reject action that discourages investment, including:
  * Legislation that would impose a "windfall profits" tax on power sold in
California and make it a felony to   sell power at a price that the state
finds unreasonable.
  * Continued calls for price caps in wholesale power market -- caps only
create shortages and fail to   reduce  prices.
  * Investigations into allegations that suppliers manipulated power prices.

 3. Make the utilities creditworthy -- Under California law, utilities are
forced to charge frozen rates, but they  must buy power at higher wholesale
prices.  The utilities' inability to recover their costs has forced PG&E
into  bankruptcy and threatens Southern California Edison's solvency.  The
solution to restoring the utilities'   creditworthiness is to set rates that
cover the utilities' past debts and future costs -- and then give customers
the  power to reduce their bills by conserving or by choosing a competitive
energy supplier.

 4. Get California out of the power-buying business -- Once rate increases
return the utilities to   creditworthiness, the role of buying power can be
returned to the utility very quickly -- within three to six months.   The
state should not buy the transmission grid to raise additional cash for the
utilities.  There are other ways to  raise funds: for example, a miniscule
rate increase of two-tenths of one cent per kilowatt hour could accomplish
the same thing -- and keep the power expertise in the hands of the utilities.

 5. Get deregulation right in California -- California never deregulated.  In
fact, today there is more   regulation than ever before.  For true
deregulation to exist, every consumer and business in the state must have
the right to hire and fire their energy service provider.  When California
passed a law this year authorizing the  state to buy power, that same law
(AB1X)  called for an end to customer choice (also called "direct access.")
California must rescind AB1X and reinstate the right of customers to choose
their energy service provider.  ARE  WE INCLUDING CORE/NON-CORE? (i can't
remember...)

We urge the Legislature and Governor to enact legislation that includes these
five components and sets California on the path to economic stability.  The
longer the delay, the bigger the problem.  The time to act is now.

CEO

CEO

etc.


give me a call: at home 743-807-7507,,,,,,mobile: 281-381-7332......

giddy

mc


Ever had a great idea but been uncertain what to do with it?  It's the mental
equivalent of being all dressed up with no place to go.

Happily, there is help for the idea problem.  The next time you have a
brilliant idea, make a deposit in the Idea Vault on the ThinkBank.

The ThinkBank will help you earn credit for your ideas.  You can even watch
your line of credit grow!

And, the next time you're all dressed up with no place to go, just change
your clothes and have dinner delivered.

ThinkBank.  Coming to eThink September 29.


I said at yesterday's meeting that I would get back to you concerning the
speed issues of the V@R calculations - here's the response...

I spoke with Steve Stock, the Director of RAC systems.  He agreed that there
are performance problems and this is being addressed in a technology review
being conducted by my application architecture group.  There are plans to
re-architect the application so it can handle real time calculations.  Once
the results of the review are known - I will be more than happy to share them
with you.  The V@R process currently takes 11 hours from start to finish.  We
also find this unacceptable!

Also, the front end is very slow in accessing data.  There is a new front end
in development that will address these problems.

I'll keep you posted as new developments occur.

Beth


I will be out of the office on Friday, attached is the spreadsheet of the
differences noted so far between EES & EPMI and where we are with them.
Since the GL needs to be booked by the end of the day Wednesday I am sending
this file to everyone.  Please take a look and let me know if more
information is needed.

Kate you asked about deal #553219.1 EES shows this deal on the 16th at a
price of $125.  They do not see this deal on their real time sheets for the
19th.

Thanks,

Mark


Last month, the House Banking and Financial Services Subcommitee on Capital
Markets, Securities and
Government-Sponsored Enterprises marked-up H.R. 2924, the Hedge Fund
Disclosure Act.  This legislation
would require unregulated hedge funds to submit quarterly reports to the
Board of Governors of the Federal
Reserve System which would then be distributed to other agencies including
the SEC and CFTC.
These reports would be made available to the public to the extent required by
regulations prescribed
by the Board, and for other purposes.

We have attached a copy of the legislation as introduced, as well as the
manager's amendment as reported out of
Subcommittee for your comments.  The bill has been referred to the full
Committee with no action scheduled as of yet.
We will be sure to keep you informed of any developments.


Carol:  Hope all is well.  We are missing you every day.

(1)  On a "swap" related note, we have a Canadian party requesting the
ability to post cash collateral to ENA.  Can you recall where we left off on
the issue?  I seem to  remember conflicting advice (Peter's insistence upon
the Stikeman memo and ENA simply not agreeing to accept cash) and uncertainty
as to how ENA could perfect its interest and what law governs (in cash held
in a U.S. account).

(2)  On a "credit" related note, I was forwarded the 7/24/00 Margin Exception
Report (originally sent to your attention).  What were you doing to follow up
on this report?  Yesterday, Mary gave me a copy of a "collateral letter"
being sent by Molly Harris.  Did you speak with Mary about working on this
project in your absence?

Edward Ondarza is moving to EBS.   Stephanie Panus starts on Monday.  That's
all the news for now.

Talk to you soon.  Sara

P.S.  Can you send photos over the net?


PGL and North Shore converted part of their index supply deal into a nymex
fix price (basis is still floating).  Please amend the existing supply deal
to reflect this change and confirm the supply contract ammendment as we
discussed.  Feel free to call me if you have any questions.

PGL 6/01-10/02     5000 mmbtu/d 4.48 Nymex only

NS 6/01-10/02    1250 mmbtu/d 4.48  Nymex only

Jim


Here is an additional paragraph from ENA legal which I will add.

Under the gas contacts of ENA, a diversion of gas as a result of governmental
action would likely be an event of force majeure excusing the performance of
ENA.  As an aside, you should note that the vast majority of ENA's gas
business involves deliveries to its customers at various city gates.  ENA has
very limited exposure to transportation or pipelines owned by local
distribution companies.


Corry,

	As per Will, the understanding was that deals with transmissions were far and few in between and were currently being manually routed, and this was not a feature to be expected with the current version of Preschedule Workspace and so it will not route currently.

	Issue with Deal Scheduling not showing the correct 'physical route' status has been addressed and is currently being worked on and will be released within the next day or two. The "Edit Strip Information" bug has been forwarded also.

	Able to recreate the 'Edit' bug and fixed, a new version will roll out by afternoon containing the fix.

	In regards to the West paths showing up when EAST criteria was selected, this issue was found out to be related to a database modification that was made to include the REGION code to all transactions. Creating the REGION field, NON-NULLABLE requirement, in the database required a default value to be inserted and 'EAST' was chosen; hence transactions which were for the WEST desk without an initial region fell into this particular problem.  The erroneous data within the PATH SCHEDULE CONFIRMATIONS has been deleted and all new confirmed paths will now correctly be displayed since our applications correctly state the REGION information associated with each USER.

	I will update everyone upon a new version of Preschedule Workspace being moved to Stage

thanks
Asem
x31700

 -----Original Message-----
From: 	Bentley, Corry
Sent:	Monday, September 10, 2001 12:02 PM
To:	Smith, Will
Cc:	Semperger, Cara; Atta, Asem
Subject:	PSW/PSC 0910 Test

Will,
I found about the same issues we had already discussed while running the PSW/PSC.

I ran the sheet for 6/19 since there were no "West" paths in the confirmations (I still see the West paths when "View: East Trading Desk" is checked).

Most of the paths "routed" in Deal Scheduling except for a deal that contained transmission with the correct Enpower number provided (Error: Capability not supported: Cannot route transmission deals)
The "Routing Detail" in Deal Scheduling did not contain a check mark for "Physical Route" on any of the physical paths.
Also, in scheduling, the "Edit Strip Information" does not contain the Path or comments in the Deal Scheduling Comments section as before.

The physical path that did not route in scheduling also did not go the the Path Confirmations.

Also, I found that when I chose "Edit" on the Pre-Schedule Workspace, it created a New Workspace.  It also occurred twice when the mouse cursor passed by the word "edit" without physically clicking on it.

That's about it for today,
Corry


I will not accept Amerex having the ability to execute over the phone.  Take
this out of the deal or kill the deal.

John


Here is another matrix of TW "Current Shipper" rates & surcharges.
This one is not posted on the web.
I don't know whether anyone needs/uses it, anymore, but I have been keeping it up.
There is a new tab for each change in Current Shipper Rates.
The latest is "200111"

Elizabeth - I forgot to send this to you this morning.
Jeanette - I don't recall whether I sent this along with the other TW files.


I am scheduled to be in Portland this Wde and Thurs(the11th).  Sorry.

	Mary Clark@ENRON
	01/05/2001 12:31 PM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc:
		 Subject: Re: Video production meeting

Richard, see Kirk's question below.
---------------------- Forwarded by Mary Clark/Corp/Enron on 01/05/2001 12:31
PM ---------------------------

Kirk McDaniel@EES
01/05/2001 12:20 PM
To: Mary Clark/Corp/Enron@ENRON
cc:

Subject: Re: Video production meeting

Mary

Thanks for setting up this meeting. It will have to be Thursday Morning for
me or before 1:30 PM. I have to catch a flight to New York for business later
that afternoon.

Richard

It was nice to meet you. Will we be able to review some possible transcript
candidates on or before Jan. 11? Thanks

Cheers
Kirk

Mary Clark@ENRON
01/05/2001 11:54 AM
To: Kirk McDaniel/HOU/EES@EES, Richard B Sanders/HOU/ECT@ECT
cc:
Subject: Video production meeting

Kirk and Richard:

Just want to let you know that Beth Stier of Innovision will meet with us on
Thursday, Jan. 11 (exact time to come) to discuss the treatment for this
video.  Beth is out of town today and will let me know available times on
Monday.  See you soon and have a great weekend.

Mary


Good morning -

	This email has been sent to the following lists, I apologize if
you received this notice multiple times.

	All CRs registered with ERCOT
	All CRs registered with PUCT
	1 2002 RMS and others
	1 2002 RMS vote
	1 2002 WMS and others
	1 2002 WMS vote
	1 Standard Electronic Transactions
	1 Texas Test Plan Team
	1 Texas Data Transport WG
	Muni / Coop distribution (same used for 1/30/02 workshop
notification)

So far, ERCOT has received RSVPs from 7 potential new Market
Participants, and 4 current Market Participants who are planning to
enter into new TDSP territories.

Per the calendar for this flight of testing,
Letter of Intent Due: Deadline for letter of intent to be received by
ERCOT from new participants intending to test in Flight V1.4F2 by 2/7/02

Thank you to those MP who have already RSVP'd for the meeting on 2/7.
If you are still planning to attend, please RSVP to Karen Bergman by end
of business today 2/5/02.

If questions, please call or email.

Karen Bergman
Senior Client Services Representative
512-248-3171
kbergman@ercot.com

original notice -

Good afternoon,

A Retail Market Qualification Testing Pre-Orientation meeting will be
held on Thursday, February 7 from 9:00 am - 12:00 noon.  The location of
the meeting is the Austin Hilton Hotel (see attached link for
information -
http://www.hilton.com/en/hi/hotels/index.jhtml;jsessionid=JCAZMEFNNDVEHJ
31AOQMHZQ?ctyhocn=AUSAHHF).

The meeting will be hosted by ERCOT and conducted by the ITPTA. It is
strongly recommended that new market participants that intend to
participate in the V1.4F2 flight of testing, attend this meeting.  This
includes any Market Participant that has not participated in previous
Retail Market testing, or a current Market Participant who wishes to be
certified with new trading partners.
?    New CRs entering the Market or Muni-Coops - opting in under version
1.4
?    CRs entering new territories
?    TDSPs

The meeting will be primarily focused on Market Testing Requirements for
the next flight of testing currently scheduled to start February 28,
2002.  For a complete schedule - please review this link -
http://stage.ercot.com/FlightCalendar.asp.

We encourage Market Participants to send at least one representative
from their business organization AND at least one representative from
their technical organization.

We will familiarize you with the following:
Overview of Retail Market Qualification Testing Process
Connectivity and Standards Requirements for New Market Participants,
including GISB, FTP, and TX SET.
Flight v1.4F2 testing Plan, including Timeline
TDSP Territory Requirements
Basic Questions and Answers

Please RSVP to Karen Bergman (kbergman@ercot.com) with name, company
name and number of attendees.  The RSVP is due by Monday, Feb. 4th.

Thank you,
Karen Bergman
Senior Client Services Representative
512-248-3171
kbergman@ercot.com

In addition, this information will be posted to the ERCOT website, under
Texas Retail Testing (http://www.ercot.com/Participants/ITPTA.htm)

This email has been sent to the following lists, I apologize if you
received this notice multiple times.

All CR registered with ERCOT
All CR registered with PUCT
1 2002 RMS and others
1 2002 RMS vote
1 2002 WMS and others
1 2002 WMS vote
1 Standard Electronic Transactions
1 Texas Test Plan Team
1 Texas Data Transport WG
Muni / Coop distribution (same used for 1/30/02 workshop notification)


Hey Wilson,

Steak night is on...And, yes Darren really did give me your keys and I've
already handed them off to Ben.  Also, you'll be interested to know that my
parents might make it tonight for a little while so you may get to meet
them.  See you tonight.

Susan


A final word on the new DMS procedure. Mike feels it's important you know that Volume Management will thoroughly research each discrepancy before bringing it to your attention.

"Make sure they understand that we will exhaust all of our efforts before we send it over to them.
All notes will be provided on the DMS telling them where we are and what we found out and where they should look," says Purcell.

So when the discrepancy shows up in your file, which you will check at the beginning of each shift, it is there because our back office professionals have hit an impasse and require your assistance to get through it. That means it's important.

Thanks,
Kate