please print
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/25/2000
03:30 PM ---------------------------

Maureen Raymond@ENRON
10/25/2000 02:58 PM
Sent by: Gwyn Koepke@ENRON
To: John Sherriff/LON/ECT@ECT, Larry Lawyer/Enron Communications@Enron
Communications, Jeffrey A Shankman/HOU/ECT@ECT, Mike
McCullough/ET&S/Enron@Enron
cc: Bob Schorr/HOU/ECT@ECT
Subject: E-strategy for metals trading

Attached is an article from yesterday's FT regarding the efforts by a
consortia of four major international metals and mining producers to develop
an internet marketplace for producers and consumers.  As we come across this
type of information to keep you abreast of developments in the commodity
markets, we will pass it along.

Maureen Raymond-Castaneda


Sounds good to me.

	Tanya Rohauer
	01/04/2001 03:35 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: Merger - El Paso Merchant Energy, L.P.

I would think adding the name would be adequate; do you agree?
---------------------- Forwarded by Tanya Rohauer/HOU/ECT on 01/04/2001 03:21
PM ---------------------------

From:  Veronica Espinoza @ ENRON
               01/04/2001 03:26 PM

To: Tanya Rohauer/HOU/ECT@ECT
cc:
Subject: Merger - El Paso Merchant Energy, L.P.

Pertaining to the email below--I spoke to El Paso this morning about the
gty's (there are a total of 3 in question covering financial and physical
deals w/ENA, HPL, and EPMI).  They agreed to have those three amended to
include the name El Paso Merchant Energy, LP (as they only include Gas, LP).
This is what their Legal is recommending in order to have the gty amendments
executed ASAP and to make it as clean as possible (since 2 of the 3 gty's are
tied to contracts).  Also, the amendments will be made effective as of
12/31/00.

Let me know if you think we should ask for completely new gty's.

Veronica
---------------------- Forwarded by Veronica Espinoza/Corp/Enron on
01/04/2001 03:20 PM ---------------------------
From: Tana Jones@ECT on 01/04/2001 02:28 PM
To: Bob Bowen/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT, Andrea R
Guillen/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT, Gordon
Heaney/Corp/Enron@ENRON, Janie Aguayo/HOU/ECT@ECT, Derek
Bailey/Corp/Enron@ENRON, Diane Anderson/NA/Enron@Enron, Kevin
Meredith/Corp/Enron@ENRON, Scott Tackett/Corp/Enron@Enron, Celeste
Cisneros/NA/Enron@Enron, Tiffany Williams/NA/Enron@Enron, Kim S
Theriot/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT, Melissa Ann Murphy/HOU/ECT@ECT,
William S Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Tanya
Rohauer/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Tracy Ngo/PDX/ECT@ECT, Lesli
Campbell/HOU/ECT@ECT, Veronica Espinoza/Corp/Enron@ENRON, Paul
Radous/Corp/Enron@ENRON, Wendi LeBrocq/Corp/Enron@Enron, Russell
Diamond/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Edward Sacks/Corp/Enron@Enron,
Nidia Mendoza/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT, Wendy
Conwell/NA/Enron@ENRON, Brent Hendry/NA/Enron@Enron, Sara
Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT,
Susan Bailey/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron, Robert Bruce/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron, Marilyn Colbert/HOU/ECT@ECT, Diane
Ellstrom/HOU/ECT@ECT, Lynn E Shivers/LON/ECT@ECT, Bill D Hare/HOU/ECT@ect,
Leslie Reeves/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT,
Samuel Schott/HOU/ECT@ECT, Anthony Campos/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Mary G Gosnell/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT,
Karen Lambert/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Carrie
Southard/LON/ECT@ECT, Amber Ebow/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON,
Melissa Ann Murphy/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Lisa
Lees/HOU/ECT@ECT, Georgi Landau/NA/Enron@ENRON
cc: Jeffrey T Hodge/HOU/ECT@ECT, Jennifer Bagwell/NA/Enron@ENRON, Taffy
Milligan/HOU/ECT@ECT

Subject: Merger - El Paso Merchant Energy, L.P.

We have received copies of a Certificate of Merger filed with the Delaware
Secretary of State on 12/22/00, effective 12/31/00, wherein El Paso Merchant
Energy-Gas, L.P. (Global Counterparty #72297), a Delaware limited
partnership, merged with and into El Paso Merchant Energy, L.P. (Global
Counterparty #53350), a Delaware limited partnership, with El Paso Merchant
Energy, L.P. (Global Counterparty #53350) as the surviving corporation.

By virtue of this merger, the ISDA Master Agreement dated 12/01/99 should now
reflect El Paso Merchant Energy, L.P. as the Counterparty.  In connection
with this merger, Credit will be getting a new parent guaranty from the
Counterparty.  Upon its receipt, copies will be distributed.

Copies of the Certificate of Merger will be distributed.


For those who have not seen this yet -
?
----- Original Message -----
From: Lisa Martin
To: lisa@caltax.org
Sent: Tuesday, May 08, 2001 11:48 AM
Subject: Cal-Tax e-Alert: Windfall Profits Tax

[IMAGE]

Cal-Tax e-Alerts keep you informed on key tax and public  policy
issues?related to your industry as they develop.? We invite you  to visit
Cal-Tax Online (http://www.caltax.org) for more  information on this and
other Cal-Tax activities.? If you wish more  information about Cal-Tax's
e-Alerts or Cal-Tax Online, please contact Greg Turner at  greg@caltax.org?
If you wish not  to be included on future Cal-Tax e-Alerts, please contact
Betty Rickard at  betty@caltax.org and your address will  be removed from our
distribution list.

May 8,  2001?

To:????????????Cal-Tax?Board  of Directors and?Interested?Parties???
From:????????Ron  Roach, Communications Director??
Subject:????Update  of Windfall Profits Tax  Legislation?

The following is advance  Caltaxletter coverage of  the May 7 California
Legislature's actions on two bills that would impose  "windfall profits"
taxes on producers of electricity:??
?
SENATE APPROVES &WINDFALL PROFITS8 TAX AS ROLLING BLACKOUTS  HIT??????

Nearly coinciding with rolling blackouts plaguing  California for the first
time since mid-March, the Senate on Monday approved a  &windfall profits8 tax
on energy producers (SB 1X, Soto). Critics said  the measure establishes a
perverse tax incentive not to sell power in California  and will reduce
electricity supply even further, increasing prospects of future  blackouts.??

Twenty-five  Democrats voted &aye8 on SB 1X, while 12 Republicans voted
against it.  Because the bill did not pass with 27 votes, or two-thirds of
the Senate as  required by Proposition 13, there will likely be a court
challenge on this  point.

Meanwhile,  just hours earlier, the Assembly Revenue and Taxation Committee
approved a  slightly different version of a &windfall profits8 tax (AB 128X,
Corbett), despite the fact that the bill was substantially amended at the
hearing.

SB  1X imposes a 100 percent excise tax on sales of electricity at a price
above  $80 per megawatt-hour. It also establishes a refundable tax credit
equal to the  amount of revenue generated by the tax.

AB 128X establishes a retroactive (to January 1,  2001) sliding-scale tax of
50 percent of gross receipts on electricity sales  over $60 per
megawatt-hour; 70 percent of the gross receipts of sales over $90  per
megawatt-hour, and 90 percent of gross receipts of sales over $120 per
megawatt-hour. The rate of tax can be changed &from time to time8 by the
California Public Utilities Commission. ?The bill will likely tax sales not
made in California, because it defines &sales of electricity to a retailer8
in  California to be the higher of the ratio of sales in California to the
total  sales or percentage of total electricity sales everywhere, using a
ratio  of total sales everywhere in the year 2000 to sales in California in
the year  2000.?

Debate in the Senate was hotter than the 95-degree  temperature outside.
Democrat Senator Steve Peace, who is generally given credit  for pushing the
electricity deregulation bill through the Legislature in 1996,  became highly
emotional in denouncing energy producers.?

Continuing to blame the California crisis on the  Federal Energy Regulation
Commission (FERC), as well as Harvey Rosenfield,s  Proposition 9, which
sought to unravel deregulation in 1998 and caused a  two-year delay in
construction of additional power plants, Senator Peace called  SB 1X the
&only reasonable alternative.8? He said it will bring competition to the
market with rules and &a referee who will blow the whistle.8 He described
FERC  as &the proverbial cop in the donut shop who refuses to enforce the
law8 and  limit what wholesalers can charge.?

Republican Senator Ray Haynes said the tax would not  bring additional
electricity to Californians. &We are going to make sure by  passing this bill
that the lights will go out,8 he said.??

Democrat Senator Debra Bowen said the prospect of  taxing excess profits
&will grab (energy producers) by the horns and their  hearts and minds will
follow.8?

Republican Senator Tom McClintock said the tax would  cut supplies of
electricity, noting that other states, such as Texas and Nevada,  are
building, or will build, power plants to serve California with investments
that benefit those states, economies, not California,s. &To make electricity
cheap, we have to make it plentiful. This is a very wrong step in a very
wrong  direction,8 he said.?

At the Assembly committee hearing, numerous speakers  sought to testify for
and against the bill. However, Democrat Assembly Member  Helen Thomson
(chosen by Committee Chair Ellen Corbett to preside instead of the
Republican vice-chair, which in itself was unusual) limited testimony to two
witnesses on each side.?

Speaking for the tax were Jean Ross, executive  director of the California
Budget Project, and Lenny Goldberg, of the California  Tax Reform
Association, organizations funded largely by public employee unions  or
liberal-leaning foundations that generally oppose tax relief and support
increased government spending. Ms. Ross urged immediate action, saying
consumers  will be paying 1.5 percent of their income on power purchases in
the next year.  Mr. Goldberg called the proposal a viable and realistic
solution, which he said  he hopes is constitutional.??

Providing opposition testimony were Carrie-Lee Coke,  representing the
California Manufacturers and Technology Association, and Steven  Kelly of the
Independent Energy Producers.?  Ms. Coke said the bill is a disincentive to
more supply and will make the  current crisis worse. She said it also applies
to the cogeneration operations of  California manufacturers. Mr. Kelly told
the committee that the bill jeopardizes  plans for as much as $10 billion in
private capital investment in new California  power plants.??

A number of others were allowed to state their  affiliations and their
positions on the bill. Among supporters were the  California Labor Federation
and the California Public Interest Research Group.  Opposition included the
California Chamber of Commerce, InterGen, and BP?Amoco.?

Committee Member Elaine Alquist asked to be a co-author  of the bill, saying
it is about time &we did something.8??AB 128X was  approved by a 5-0 vote,
with Republicans abstaining. Assembly Member Mark Wyland  said he abstained
because he believes that while California is being gouged by  high energy
prices, the bill is anti-free market and incentives are needed to  develop
more power to avoid blackouts.?

Meanwhile, Governor Gray Davis &is open to the idea8 of  such a tax, but has
not endorsed either bill, said his press secretary, Steve  Maviglio. &It just
depends on the bill.8??????

?
 - e-alert3.gif


Head's up:  Diane called me to ask if you'd received approval back for using Wisdom on the Rome case.  No one seemed to know the status, so I ran it by Jim Derrick and he ok'd.

--Lizzette


Hi Jeff,

As a member of the University Affairs department we try to capitalize on
opportunities that facilitate the exchange of intellectual capital.  I
realize that you are extremely busy, but it would be fabulous if you, or
someone else in your immediate department could help us answer this question
for the University of Liverpool.  Let me know if you think someone will have
the time to generate an answer to this question...obviously it is NOT a rush.

Regards,

Cindy

----- Forwarded by Cindy Derecskey/Corp/Enron on 02/12/2001 09:25 AM -----

	Eddie Ping <gg0u8060@liverpool.ac.uk>
	02/12/2001 04:47 AM

		 To: public-relations@enron.com
		 cc:
		 Subject: The Californian Energy Crisis

Dear Sir/Madam,

We are a small group of geography students from the University Of
Liverpool, England.  We will be visiting Santa Cruz in April on an
educational research visit and are  focussing our research on the current
Californian energy crisis.  One aspect that we are considering looking at
is effect of the energy crisis on the high-tech industries in and around
Santa Cruz.  However, the information available at present is limited.
Therefore, we would appreciate any help or advise you could give us or pass
this e-mail on to somebody else who may be able to assist us.

Has the energy crisis reached Santa Cruz or Silicon Valley yet and if so
has it/will have any affect on the high-tech industries?  Have any measures
been taken to mitigate its effects or is it of no concern?

We understand that you are very busy but would appreciate any feedback on
this subject that you may be able to give us.

Thank you for your time and we look forward to hearing from you.

Eddie Ping, Martin Price & Ric Mason


Start Date: 1/13/02; HourAhead hour: 4;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011304.txt


thanks for showing up to the party on sunday.  your new name backout
ballases!


---------------------- Forwarded by Darron C Giron/HOU/ECT on 12/06/2000
03:54 PM ---------------------------

Stacey Vallejo
12/06/2000 03:15 PM
To: Shannon McPearson/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Jason
Wolfe/NA/Enron@ENRON
cc:
Subject: NZ2724.1

This is the last deal that is in the FT-Norhtwest book that needs to be
flipped into the FT-US/CAND-ERMS book, to settle between ECC and
Duke Energy Marketing Limited Partnership.  This needs to be fixed so
liquidations will be correct for Novmeber.

There seems to be some confusion about this deal, so please call me
or Greg Carraway about this deal, and maybe we can answer questions
if there are any.

Thanks
Stacey


---------------------- Forwarded by Gerald Nemec/HOU/ECT on 01/20/2000 02:41
PM ---------------------------

Brian Hendon@ENRON COMMUNICATIONS
01/20/2000 11:24 AM
To: Gerald Nemec/HOU/ECT@ECT, Paul T Lucci/DEN/ECT@Enron
cc:
Subject: FW: ??

Sanjay.Pankhania@equifax.com
01/20/2000 04:21 PM GMT

To:   chrisalbin@hotmail.com, Candice L. Hendon@Andersen Consulting,
      jjones@moorecolson.com, tripp.lovett@suntrust.com, itsirk100@aol.com,
      Gabe.Tucker@turner.com
cc:
Subject:  FW: ??

Top Ten ways to be entertaining at your office
>> > >
>> > > 10.  Keep telling the same person that they have
>> > > bad breath even if they don't and then punch them
>> > > in the face.
>> > >
>> > > 9.  Announce in a meeting that you have AIDS.
>> > > After everyone gives you the sympathy remarks,
>> > > tell everyone how you are just kidding and tell
>> > > them that they are a bunch of queers.
>> > >
>> > > 8.  Before a meeting fill your mouth with
>> > > custard.  Then during the meeting, put one finger
>> > > in the air and make like you are hocking a big
>> > > loogie.  Then spit the custard into a clear glass
>> > > and hand it to the person next to you and say,
>> > > "beat that"
>> > >
>> > > 7.  Inform a male co-worker that he "wouldn't
>> > > make a good hooker."  Then piss in his coffee and
>> > > tell him that he needs a good "ass fucking"
>> > >
>> > > 6.  Always walk around with a big smile on your
>> > > face and keep one hand down your pants.
>> > >
>> > > 5.  Answer every question asked to you with "fuck
>> > > if I know!" then call the person a racial slur
>> > > that doesn't match their race.
>> > >
>> > > 4.  Brag about the fact that you own a gun, and
>> > > keep playing with your nuts.  Get them really
>> > > sweaty, and then walk around shaking everyone's
>> > > hand.
>> > >
>> > > 3.  Shit on the floor of your office and when
>> > > someone comes in and sees it, tell them it's the
>> > > fake kind.  When they try to pick it up and
>> > > realize that their hand is full of shit, laugh
>> > > and point.
>> > >
>> > > 2.  Run down the hall with your dick hanging out
>> > > while pissing all over and yell, "It won't stop!
>> > > God help me!  It won't stop!" Then when it stops,
>> > > look down and say, "Oh".
>> > >
>> > > 1.  Ask to borrow someone's pen.  Bring it to the
>> > > bathroom and stick it in your ass.  Return it and
>> > > tell the person to smell it.  When they tell you
>> > > it smells bad, be like, "it should! I had it in
>> > > my ass!"


Week Ending 8/03/01:

Glad to discuss...

Steve


Don

I'm sorry to inform you that your request to annul this reservation does not
meet the criteria published in the Policies and Procedures posted on the
OASIS.

Tom White
MAPPCOR

-----Original Message-----
From: Don.Baughman@enron.com [mailto:Don.Baughman@enron.com]
Sent: Tuesday, March 20, 2001 1:02 PM
To: TRANSCOORDS@mapp.org
Subject: Request MAPPF Reservation # 408746 to be ANNULLED

Enron requests Transcoord for MAPP Transmission Service to ANNUL
reservation no. 408746.  The reason is as follows:

Reservation # 408746 was requested at 15:31:09 on 3/19/2001 for
transmission service for 15 mw during 17:00 thru 21:00 on 3/19/2001.  NERC
tag # EPMI518 was submitted 2001-03-19 15:44 for the path =
AMRN-NSP-MAPP-GRE and was subsequently denied by NSP and AMRN due to lack
of ATC due to line outage.

EPMI rescheduled the energy on reservation #s 408755 (HE 18) & 408758 (HE
19-21) from NSP and DPC respectively.

Thank you in advance for your assistance on this matter.

Don Baughman
Mid-west Real-time Power Trading Supervisor
Enron power Marketing, Inc.
713.853.0392
800.349.5527


Gerald,

I'm ok with the draft except I would like to see some language for tracking costs, at least on an aggregate basis so we can assess the risk as the project develops.  I believe that our risk is near zero if the project is going to come in for less than $5.5 MM overall.  I would hope that Gulf Power is appropriately incentivized to manage their way towards a less than $5.5 MM number as they may ultimately lose it back to the commission in lower rates.  Push this and any other comments back to Jeff and let's get this closed up for signature tomorrow morning.

Thanks,
Chris Hilgert
Enron Compression Services
Work: 713-853-7350
Cell:   713-857-2479
www.enron.com/compression

-----Original Message-----
From: Jeffrey Stone [mailto:jas@beggslane.com]
Sent: Tuesday, November 27, 2001 4:13 PM
To: Hilgert, Chris; Nemec, Gerald
Cc: Russell Badders; mawhowel@southernco.com
Subject: Construction Expedition Letter

Here is my attempt at modifying the letter to conform to our discussions this afternoon.  The redline markings indicate changes to a clean version of the draft sent yesterday.  This draft incorporates a slightly modified version of the confidentiality statement you provided earlier today (changed Parties' to Party, etc.).  Please acknowledge receipt.


Dear Tennis Terminators,
Just a reminder, we are having our end of the season party Tuesday night at
La Griglia - 2002 West Gray.  The reservation is for 7:00 but come early and
meet in the bar for drinks.  Also, please RSVP so I can get another count.  A
lot can happen in a week, especially with all the sick people around.  Lets
make it a girls night out!

Vanessa

P.S.  I need to have the spring roster in by Dec 28th!  So confirm that you
are playing next year and give me the names of anyone else we can add.  Even
names for subs would be great, just make sure they are an HTA member.


OneTravel.com has prepared a special web address for you that includes all of
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Savings ALERT! For 01/30/02

*******************************************************************
This is a post-only e-mail. Please do not reply to this newsletter.
We want to hear from you. Send all comments to editor@onetravel.com
*******************************************************************

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? Los Angeles to Taipei, Taiwan from $660!

*Fares may not include taxes, surcharges and fees.

Purchase a round-trip ticket, get a fabulous deal and get going!  Book your
adventure to Asia today!

Click below
http://air.onetravel.com
to search for low airfare!

---------
TRAVEL NEWS: Find the latest information on daily travel news, security,
e-tickets and airline policies. If you're traveling soon, click on the link
below to find the latest airline and travel information.

Click here for the latest on travel news.
http://www.onetravel.com/advisor/AR_airlinenews_Summary.cfm?SessionID=0CA1F517

---------
MR. MAXIMILER: Our column from ~OneTravel.com's~ own Frugalist, Bob Jones,
features up-to the-minute tips and deals that maximize your air miles and save
you travel cash.  Read on for this week's "Mr. Maximiler" tip!

Here is our list of February Fantastics!

AIRLINES

While the never-ending sales continue, here is an offer a bit out of the
ordinary.  From Icelandair, we have an "Eat, Drink and be Merry in Iceland"
promotion.  The festival, which runs from February 27, through March 4,
includes gourmet dining, a National Beer Day, Mystery Basket Food, and Fun
Cooking Competition.  Packages are priced from $579, per person/double
occupancy, plus taxes and fees, and include round-trip airfare, three night's
hotel, transfers, and breakfast (except day of arrival).  You also receive
admission to a kick-off party, gourmet dinner at participating restaurants,
admission to the mystery basket cook-off, admission to the Gala Dinner on March
3, and transportation to some venues.  Extra nights and add-on tours are
available.  Call 800-779-2899 for details.

Delta has jumped on the discount award bandwagon.  For 20,000 miles, you can
fly anywhere in the continental U.S. in coach or for 15,000 more, find out what
really goes on between the curtains and cockpit door!  Travel must be completed
by March 20, 2002.  Visit
http://www.delta.com/skymiles/member_guide/delta_awards/promo_awd/index.jsp.
Remember too that with Delta, there is no Saturday night stay requirement.

HOTELS

Borrowing a page from the airlines, "pay with cash and miles" book, Starwood is
offering a rate that combines points and cash for rooms.  The offer is good at
virtually all properties in the system and depending on the hotel category,
award nights can be purchased with a combination of either 2,800 Starpoints and
$45 USD per night or 4,000 Starpoints and $60 USD per night. Participating
hotels outside the U.S. feature the same Starpoint values combined with the
local currency equivalent of either $45 USD or $60 USD at time of reservation.
For details, visit:
http://www.starwood.com/preferredguest/starpoints/cash_points_landing.html

OTHERS

Two weeks ago, I mentioned ways to save in the cities you visit.  The way that
visitor and convention bureaus are working with local restaurants and hotels
has been punctuated by New York's "Paint the Town Red, White and Blue"
promotion.  Here you will find three course lunches for $20 or less and full
course dinners for about $30.  You will also find ways to save on Broadway
shows and transportation.  Wow, what a deal!  Visit http://www.nycvisit.com for
complete details and your discount card to be used with your AmEx card.

See you on a flight soon,

Bob

---------
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What the NYMEX is trying to get at is their concern that the NYMEX considers
the trades of ENA and its two other principal trading affiliates (Enron
Canada and London) to be one and the same as ENA.  It is also concerned that
we might and try and set up other companies and trade of of those to try and
increase our overall trading volume with the NYMEX.  Further, the NYMEX also
doesn't want us to increase our company's overall trading volume, by "hiding"
trades through accounts in the name of individual employees,   The Annual
Hedge Exemptions applications require that ENA represent whether its
officers, employees, owners, or agents have a power of attorney, control or
have a financial interest in any other related commodity future(s) account
either individually or acting with another person pursuant to express or
implied agreement.as indicated in the original email from Mark.   The
transaction you mentioned below doesn't appear to be problematic, since it
flows through ENA's risk books,  thus not increasing the overall position the
NYMEX allows us to trade.

This annual email has a secondary unplanned, but helpful control purpose, it
fleshes out the trading of employees that might be in violation of the
Company's Trading Policy.

	Michael Etringer
	06/23/2000 09:41 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Jim Gilbert/PDX/ECT@ECT, Karen E Jones/HOU/ECT@ECT
		 Subject: Re: Enron North America Corp. NYMEX Hedge Exemption Applications

Tina,

I need some clarification in regards to this email.   ENA holds interest in
the LV Cogeneration Limited Partnership, both directly and through its
friendly investor structure,   which is a QF facility located in Las Vegas.
As part of the financing of the facility, ENA entered into a 10 year
financial NYMEX swap with LV Cogen.  Brad Richter, ENA VP, signed the NYMEX
confirmations on behalf of LV Cogen (Desert Arc LLC) and ENA.

Is this transaction of interest to you and do you need additional information
with regards to this transaction?

Regards,
Mike Etringer
503-464-3836

Jim Gilbert
06/23/2000 07:18 AM
To: Michael Etringer/HOU/ECT@ECT
cc: Frank W Vickers/HOU/ECT
Subject: Enron North America Corp. NYMEX Hedge Exemption Applications

Mike,

Is this something we need to respond to?  Please advise.

Thanks,
Jim

---------------------- Forwarded by Jim Gilbert/PDX/ECT on 06/23/2000 07:15
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Mark Taylor @ ENRON                           06/21/2000 04:39 PM

Sent by: Enron Announcements@ENRON
To: All Enron Houston, Everyone_in_ECT_Calgary, Everyone_in_ECT_London,
Everyone_in_ECT_Portland, Everyone_in_ECT_New York, Everyone_in_ECT_Denver,
Everyone_in_ECT_Oslo, Everyone_in_ECT_Singapore, EI-Australia, Buenos Aires
Argentina - Office Staff, Buenos Aires Argentina - TGS Office Staff, Enron
Everyone_EOG_Denver, Enron Everyone_EOG_Calgary
cc:
Subject: Enron North America Corp. NYMEX Hedge Exemption Applications

We are in the process of preparing applications for position limit exemptions
for ENA,s NYMEX energy commodities futures trading.  These applications
require that ENA represent whether its officers, employees, owners, or agents
have a power of attorney, control or have a financial interest in any other
related commodity future(s) account either individually or acting with
another person pursuant to express or implied agreement.

Please direct any responses to my paralegal, Tana Jones, via intercompany
email or call her at (713) 853-3399 by the end of business Friday, June 30,
2000 if you have any power of attorney, control or have a financial interest
in any commodity futures account (other than an ENA or other trading
affiliate account).

IF YOU DO NOT HAVE A COMMODITY FUTURES ACCOUNT, YOU DO NOT NEED TO RESPOND TO
THIS REQUEST.


Let's set something up for monday

-----Original Message-----
From: Burden, Bill M [mailto:BurdenBM@bp.com]
Sent: Friday, October 19, 2001 12:52 PM
To: Fuller, Dave; Barry, Penny
Cc: Burden, Bill M; Colburn, Kim W; Miller, Tim; Whitt, Mark; Miller,
Stephanie
Subject: RE: Income Tax Issue

Dave,
Our tax folks would like to talk to your accountants - is there a name and
phone number contact where we can arrange a call for the experts to talk it
through?

-----Original Message-----
From: Fuller, Dave [mailto:Dave.Fuller@enron.com]
Sent: Friday, October 19, 2001 1:12 PM
To: barryp@bp.com
Cc: BurdenBM@bp.com; ColburKW@bp.com; millertr@bp.com; Whitt, Mark;
Miller, Stephanie
Subject: Income Tax Issue

Hello Penny,

It was nice meeting you and your associates yesterday.  I presented the
income tax issue that we discussed to some of our accountants and they
see things a little differently.  It is our opinion, that since a cash
payment would be offset by the demand charge obligations associated with
the capacity contract, it is not income per se, but rather funds
dedicated to meeting an out-of-the-money contract obligation.  Depending
on your accounting method, that money would probably be amortized over
the term of the contract.  Let me know what you think, perhaps we should
have our accountants talk.

As for adjusting the cash amount after the San Juan/Permian allocation
issue is settled (I'm not sure you could hear all that at your end of
the table) we are not really interested in any type of post assignment
"true-ups".   But we are willing to talk about what those allocation
percentages should be.

Regarding next steps, on Monday I will provide you with some
"alternative" forms of payment and some ways we might spread the
payments out0.  After that we will look to you guys for your preferred
deal structure and payment terms.  I'll follow up this email with a
phone call today.

Dave Fuller
Enron North America
503-464-3732

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


Marty, looks like this nut may have some fruit. I look forward to continuing
our discussions from 2000 on how we can be better together - I am committed
to doing this the right way as I know you are.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 01/05/2001
09:36 PM ---------------------------

Rob Milnthorp
01/05/2001 05:16 PM
To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc: David Pope/CAL/ECT@ECT
Subject: Enron Direct Canada-First Deal

fyi...1st deal of many.

Regards
Rob
---------------------- Forwarded by Rob Milnthorp/CAL/ECT on 01/05/2001 04:14
PM ---------------------------

David Pope
01/05/2001 04:01 PM
To: Harold G Buchanan/HOU/EES@EES
cc: Rob Milnthorp/CAL/ECT@ECT
Subject: Enron Direct Canada-First Deal

Harold;

We have today closed our first retail transaction that is a five year
exclusive gas supply arrangement with Boardwalk Equities, the largest
apartment building owner in Alberta.  We will be serving 20,000 apartment
suites with an annual consumption of 1.5 bcf.  The 5 year margin will be
approximately $1.5 million.  As a result of our direct instructions,
Boardwalk lobbied the government to provide them with $2.8 million dollars in
rebates over the next 4 months to shield them from the higher gas prices.
These rebates will be paid through Enron Direct as the retailer for Boardwalk.

The gas begins flow on March 1.  We are working on other large building
owners and restaurant chains and expect to close 2 or 3 more deals for flow
of March 1. Cadillac Fairview is committed to working with us on a gas
contract within the next 2 weeks.   We now have a strong platform to grow
quickly, from a standing start one month ago.

Although the government effectively delayed the opening of the retail power
market for one year through a price cap, we have been able to grasp a first
mover advantage on retailing natural gas in Alberta.  We expect to have a
strong retail delivery organization built by mid year, with 35 staff managing
a significant number of commercial customers.

The current pricing environment creates a large opportunity to sell 5 year
fixed price product with significant margins.  Atco, the gas utility is
getting bad press for not offering hedging instruments, and are cooperating
with us to assist us in getting established as a retailer.

This has been a very large effort in the last month, as we needed to get
licensed, and get legal agreements in place where there were no precedents to
look at.  We are excited at the prospects for a substantial business
developing very quickly here in Alberta.  The Enron Canada analytical, risk
management, regulatory and legal staff have provided great assistance to
allow us to execute this transaction in a short period.

Regards.

Dave


Attached are the marks for New Power for COB 10/02/01.  The exposure as increased by $24.5MM due to a large number of capacity deals that have rolled-off bringing our total Net Exposure after collateral to $36.6MM.  Please let me know if you would like any additional information.

Thank you
Monica


Subject: ANNOUNCEMENT: Executive Program on Credit Risk Modeling

Credit Risk Modeling for Financial Institutions
October 15 - 20, 2000
At Stanford University Business School

Risk management specialists, Stanford Business School professors of finance
Darrell Duffie and Kenneth Singleton will be repeating their successful
executive program on Credit Risk Pricing and Risk Management for Financial
Institutions.  The course is created for risk managers, research staff, and
traders with responsibility for credit risk or credit-related products,
including bond and loan portfolios, OTC derivative portfolios, and credit
derivatives.

This program includes:
* valuation models for defaultable bonds, OTC derivatives, and credit
derivatives, with empirical applications to corporate and sovereign markets
* empirical and theoretical assessments of models for measuring credit
risk, with correlation, for portfolios
* the strengths and limitations of current practice in credit risk
measurement
* practical issues in implementing credit modeling and risk systems
* estimation of default and transition probabilities, and the
correlations among the default risks of publicly traded companies, from
historical data

___________________________________________________________

Application Form:
Credit Risk Modeling for Financial Institutions
Stanford, October 15 - 20, 2000

This form may be completed and returned by email, or may be printed and sent
by fax to:

Stanford GSB Executive Education Programs
Fax Number: 650 723 3950

You may also apply and see more detailed information by visiting our web
site at:

www.gsb.stanford.edu/exed/crm

Applications will be acknowledged upon receipt. If you have not received an
acknowledgement within two weeks, please contact us.

Please complete all sections. All information is kept strictly confidential.

Name:
Put an x beside one, please:  Male:               Female:

Citizenship:

Job Title:

Company:

Your company's main activity:

Business Mailing Address:

Business Phone (all codes please):
Business Fax :
Email Address:
Home Address:

Home Phone:
Nickname for identification badge:
Emergency Contact Name:
Emergency Contact Phone:

Title of person to whom you report:
Your job responsibilities and experience related to this course: (Please
provide a brief job summary here, or attach and send a biographical summary
containing information relevant to your purpose and qualifications for the
course.)

College or University Education: please list, by degree:
 College or  University                Dates    Degree Granted

 _________________                _____    _____________

_________________                _____    _____________

Please note:
All classes and discussions are conducted in English.
In order to reserve a place in the course, the program fee of US$7,500 is
due upon notification of acceptance. This fee covers the tuition, single
room, meals, and all course materials (including a proprietary manuscript on
credit risk pricing and measurement).
Our refund policy is available upon request.

Please state the source from which you heard about this course:

Name and Date:

If you would like a hard copy brochure and application form, please contact:
(make sure to include your MAILING ADDRESS)

Shelby M. Kashiwamura
Program Manager
Executive Education
Stanford Graduate School of Business
(650) 723-9356 Phone
(650) 723-3950 Fax
kashiwamura_shelby@gsb.stanford.edu


can you please review
 -----Original Message-----
From: 	"Schoene, Jim" <Jim.Schoene@neg.pge.com>@ENRON [mailto:IMCEANOTES-+22Schoene+2C+20Jim+22+20+3CJim+2ESchoene+40neg+2Epge+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, July 03, 2001 2:23 PM
To:	Miller, Stephanie
Subject:	Washington Lateral Confidentiality Agreement

I left you a voice mail earlier indicating I wanted to send you the attached
agreement.  The first one of these we did a long time ago was only a page
and a half.  Now we are up to 3 and a half.  Must be we have more to
protect.  Anyway, please review and if OK, make and sign two copies for our
execution.  This will help us get the right information to you.  Also
consider when it might be good to meet to discuss the project.

 <<Standard form Confid agreement7-03-01.doc>>

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

 - Standard form Confid agreement7-03-01.doc


Congratulations.

Vince


CGAS storage looks good.  We are still working on the ohters.  I should have
a better feel by tomorrow afternoon.

dkirken@columbiaenergygroup.com on 10/18/2000 12:50:41 PM
To: " - *Chris.Germany@enron.com" <Chris.Germany@enron.com>
cc:
Subject: Re: Storage Volumes Sold to Enron

Chris,

I just  got off the phone with Rich Contos, he wants me to find out if Enron
concurs with the storage volumes sold.  I think Ernie Simien or Doug Kinney
had
sent some volumes and associated dollar amounts to you to look at.

Let me know if Enron is in concurrance.

Phone is 713-267-4646 and you can see the e-mail address.

Thanks,

The Donald


Enron, Banks Formalize $690M Debt Extension To Dec. 14

   Of Dow Jones Newswires

  NEW YORK -(Dow Jones)- Enron Corp. (ENE) and a group of banks last week
formalized an agreement to extend the due date on a $690 million
syndicated loan by three weeks to Dec. 14.

Published by: Dow Jones News Service
Date: 11/26/2001
Word Count: 292
Relevance Score on Scale of 100: 100
Folder Name: Enron Corp.

Full-text article available at
http://nrstg1p.djnr.com/cgi-bin/NewsRetrieval?cgi=WEB_ST_WC_STORY&DBNAME=DJNS&HDAN=DJ0133001279&Search=Enron%20Corp.%3A0000001529&QID=1529&QT=S&HDSC=DJ

Articles are included at no charge for flat-fee corporate customers. (Under standard pricing, charges apply.  For details, click the $ icon on the Dow Jones Interactive home page, located at http://www.djinteractive.com.)
______________________________________________________________________

To review or revise your folder, visit http://www.djinteractive.com or contact Dow Jones Customer Service by e-mail at custom.news@bis.dowjones.com or by phone at 800-369-7466. (Outside the U.S. and Canada, call 609-452-1511 or contact your local sales representative.)
______________________________________________________________________
Copyright (c) 2001 Dow Jones & Company, Inc. All Rights Reserved


I can be available at 6:30 also.  John is on his way back from Austin and I'm not sure of his timing, but I am certainly game.  Let me know where and when you would like for me to meet you.

Thanks, Kim.

-----Original Message-----
From: Paula N. O'Neill [mailto:pnoneill@mail.db.uth.tmc.edu]
Sent: Wednesday, November 14, 2001 3:03 PM
To: Watson, Kimberly
Cc: Spires2500@aol.com; Paula.N.ONeill@uth.tmc.edu;
houshyar@the-spires.com
Subject: Re: Replacement of J Bolton

Hi,

The new grandbaby Samantha, her mother and father are doing fine. She is on her way home this afternoon if the pediatrician believes that she is ready to be released.

Regarding Jim's resignation, I agree that we should not be pressured into putting anyone on the board that will not assist us in moving forward and handling the complex issues that the board faces this year. Jim indicated that he would wait to resign for as long as he could or until we find a replacement. We can discuss this further tonight. I'm available anytime after 6:30 pm. We could either get together or all go out to dinner at Hungrey's or where ever if that works. Since the candidates to replace Jew Don Bony are coming to the Spires tomorrow night, I would like to attend that meeting if everyone is agreeable.

Let me know what works for this evening with everyone.
Paula

"Watson, Kimberly" wrote:

> Paula,
> I can make myself available this evening or tomorrow evening to discuss
> this and other topics as your calendar permits.  I actually think that
> we should not be pressured by anyone to fill this position in the next
> few days.  If Jim would like to resign effective the end of the month
> (or some other date), I think that would be fine.  It is completely
> reasonable that the board take some amount of time, whatever is
> necessary, to select the right candidate.  Let me know when you would
> like to rally.
>
> Thanks, Kim.
>
> P.S.  Paula, congratulations on the new grandbaby!  I hope mom, dad and
> precious little one are doing well!
>
> -----Original Message-----
> From: Spires2500@aol.com [mailto:Spires2500@aol.com]
> Sent: Wednesday, November 14, 2001 10:06 AM
> To: Paula.N.ONeill@uth.tmc.edu; Watson, Kimberly;
> houshyar@the-spires.com
> Subject: Re: Replacement of J Bolton
>
> Don had the highest vote (4th place.)
>
> The board does not have to pick Don. As you recall, the board elected
> Kim to
> replace Muffin, and Kim had not even run for the board.
>
> Lew told me this morning that Jim is waiting to know who his replacement
> is
> before he resigns.
>
> What time are we meeting? Where? Who?
>
> Houshyar
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
> **********************************************************************


Mark:
Here is my list of group goals.

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


---------------------- Forwarded by D Brett Hunsucker/HOU/ECT on 12/22/2000
06:05 PM ---------------------------

D Brett Hunsucker
12/22/2000 05:42 PM
To: Volume_Management_Portland
cc:
Subject: PX Cut Procedures - PLEASE READ AND PRINT

Attached are procedures for cuts to PX schedules @ tie points.  Please print
and put in your notebooks.

My apologies to those of you that I have confused on this process because of
conflicting and/or erroneous information from me.  For those who may have
entered deals based on prior info from me, I'll take care of it.  The deals
that are not entered correctly should fall out in my reconciliation @ the end
of the month, and I'll fix them.  But, if you're feeling the holiday spirit
and can think of a specific cut that may be in Enpower incorrectly, feel free
to change it (only for deals in November or December).


Texans Weekly Update
Dec. 28, 2001
houstontexans.com

INSIDE THIS ISSUE...
1. First and 10
2. Wish List
3. Building Blocks
4. Special Offer for Texans Fans
5. And Don't Forget...
6. Coming Attraction
7. Live Off Kirby Drive
8. Going Fast

1. FIRST AND 10
The Texans will introduce their first 10 players under contract at a
press conference Saturday.
http://houstontexans.com/news/index.cfm?cont_id=86229&NSLN=1228

***************
SHOW YOUR PRIDE
Wear what the new players will wear Saturday by securing your own Reebok
personalized jersey!
http://houstontexans.com/utility/index.cfm?cont_id=81593&NS=true&NSLN=12
28
***************

2. WISH LIST
After Houston inks some street free agents, the Texans then turn their
attention to the expansion draft,  free agency and the college draft.
Who should be on the team's wish list? You tell us.
http://houstontexans.com/news/index.cfm?cont_id=72755&NSLN=1228

3. BUILDING BLOCKS
The Texans will select the bulk of their roster from their expansion
draft on Feb. 18. The draft will be  televised live on ESPN but you can
be there in person.
http://houstontexans.com/news/index.cfm?cont_type_id=1442&NSLN=1228

4. SPECIAL OFFER FOR TEXANS FANS
Secure your seats for the Houston Aeros game on Friday, Jan. 4 at Compaq
Center. Your Houston Texans  Cheerleaders will be performing during one
of the intermissions and will be signing autographs after the  game. The
Aeros will be competing against the Grand Rapids Griffins and will take
the ice at Compaq  Center at 7:30 p.m. For discounted tickets, log on to
the attached link. Your log in name is TEXAS and  your password is
FOOTBALL. For more information about Texans Night with the Aeros, please
contact John  Patterson at (713) 361-7950.
http://www.aeros.com/themenights

5. AND DON'T FORGET...
Enjoy a pre-game party in the Aeros Officers' Club on Friday, January 4
starting at 6:00.  This private  area offers a Pappas Mexican food
buffet, Budweiser and Coke Products, and a large area for socializing
with co-workers, clients, potential customers...and your Houston Texans
Cheerleaders. Limited space is  available, so order your tickets today
by logging on to the attached link. Your login name is TEXANS and  your
password is FOOTBALL.
http://www.aeros.com/themenights

6. COMING ATTRACTION
Reliant Stadium's debut is eight months away, but you can get a taste of
what's to come with our  interactive panorama.
http://206.180.236.134/houston_texans/

7. LIVE OFF KIRBY DRIVE
Catch our live glimpse of Reliant Stadium on KTRK's Live Texans Cam.
http://abclocal.go.com/ktrk/sports/texans_cam.html

8. GOING FAST
Texans PSLs and Non-PSL Season Tickets are going fast. Click here to
order now or call 1-877-NFL-2002.  Great suite locations are also
available. Call (713) 336-7878 for suite information.
http://www.2002stadiumfund.com

---
You are currently subscribed to texansnews as: plove@enron.com
To unsubscribe send a blank email to leave-texansnews-182292V@newsletter.houstontexans.com


The approval process initiated in 1998 for all meeting and event expenditures
in excess of $5,000 has enabled ENA to better assess the business value of
events, accurately track our activities and save money.  These events include
customer and employee meetings, and trade shows.

ENA has made some modifications to the process, which are described in this
memo.

The $5,000 threshold remains in effect for all customer events.  However, the
threshold for approval for employee meetings and events has been lowered to
$2,000, and some additional requirements must be met prior to approval.

Please be sure to follow the procedures described below for all meetings and
events, so we can continue to successfully manage these events.

1) Prior to making any commitments to customers or vendors, all customer
events with anticipated costs in excess of $5,000, and all employee events
with anticipated costs in excess of $2,000 must be reviewed by the ENA Public
Relations (PR) department and approved by the ENA Office of the Chairman

2) The PR department will handle the site search and hotel contract
negotiations for all such events.  Once this is completed, the PR department
will work with you to plan and produce your event in its entirety; or they
can provide as much or as little assistance as you require. The PR department
will be responsible for helping you achieve the best value for your program
and ENA.

3) A completed expenditure request form (see attached) and supporting
documentation is required for each event.  Employee meetings require a
detailed agenda as part of the event documentation prior to approval.  Please
submit the completed expenditure request form and documentation to the PR
department at EB 3642, or work with PR department employees to complete the
form.

4) After PR review, the expenditure will be submitted to the ENA Office of
the Chairman for final approval.

Additionally, the PR department can assist in the procurement of tickets for
various local sporting events and concerts.

If you have any questions regarding this process, would like assistance
planning an event, or need tickets for a Houston event, please contact Dorie
Hitchcock in the PR department at (713) 853-6978.

Thank you for your cooperation.


You might want to request ComparRite, just in case it comes up again.
There's isn't any problem getting - both Suz and I have it.  Have a good
weekend.

Kay


> Dear investor, partner, or friend of FairAir,
>
> As many of you know, we officially launched our service on May 22 and are
> excited to report that the press coverage has been comprehensive,
> including print, TV, and radio.
> The following media organizations have covered us (attached is a sampling
> in Adobe Acrobat format):
>
>  Newsweek
>  US News and World Report
>  Newsday
>  Fortune Small Business
>  Boston Globe
>  Industry Standard
>  Travel Weekly
>  CBS MarketWatch
>  Atlanta Journal and Constitution
>  Eye for Travel
>  DestinationCRM.com
>  USA Today
>  San Jose Mercury News
>  Bloomberg
>  Dallas Morning News
>  Cleveland Plain Dealer
>  CNN
>  National Public Radio
 Local news in key markets (including New York and Seattle).

All this press is helping our business development momentum tremendously --
hopefully we'll have more great news to report soon.

In the mean time... B U Y  T I C K E T S !!!

If you've got any thought of flying anywhere on our network anytime this
year, now would be the time to buy.  The more traffic the better as we try
to expand our airline and web-portal relationships.

> You can visit http://www.fairair.com/about/press.jsp for a continually
> updated list of coverage.
>
> Sincerely,
Frank

 <<pressclippings 5-24-01.pdf>>

************************************************************
Frank Levy
CEO, FairAir
415-378-4942 cell
franklevy@fairair.com
************************************************************
FairAir is the world's only airline ticket exchange - buy a
ticket at FairAir and sell it or change the passenger name
if your plans change.
Visit us today at <http://www.fairair.com/>
************************************************************

 - pressclippings 5-24-01.pdf


Here's comments from both Frank and I;

Add:

Broadband: Cynthia Harkness

Power:  Shari Stack (but not certain of role)

NNG Pipeline Capacity:  Tony Pryor

Our apologies for taking so long to get back to you.

From: Tana Jones on 09/25/2000 10:52 AM
To: Frank L Davis/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT
cc:
Subject: Legal Online Contact List

Leslie Hansen asked me to forward to you our draft list of Legal contacts for
online trading issues, and see if there is anyone you deal with on a regular
basis that I may not know of that we need to add to the list.


LOOKS OK TO ME.   KEAN CALLED AND I FILLED HIM IN OUR PROJECTS.

	Jeff Dasovich@ENRON
	Sent by: Jeff Dasovich@ENRON
	11/07/2000 02:27 PM

		 To: smutney@iepa.com, David Parquet/SF/ECT@ECT
		 cc:
		 Subject:

Here's a start.  Try 'em out for size.  More to follow.

Best,
Jeff

Price caps have failed in the past and they'll fail again.
FERC's and California's immediate goal ought to be to make the bold reforms
necessary to create real, competitive markets and eliminate the need for
price caps altogether.
The most important reforms include:
Reforming California's siting laws to permit entry of supply---best way to
undermine "high" prices is easy entry by competitors
Reforming the PUC review of utility purchases
Give the utilities financial incentives to purchase efficiently (i.e.,
similar to California's gas market, where a benchmark is set and the IOUs
profit or lose on the basis of whether the IOU does better or worse than the
benchmark).  It ain't rocket science, and it works.
The CPUC gets out of the way and stops the practice of "after-the-fact"
reviews of power purchases.
Creating a retail market
If California/FERC adopt these reforms, the need for caps will vanish.
FERC got a lot right in the order, but the price cap proposal is flawed.
Price is too low to incent development of peakers---well-functioning,
efficient markets require peakers.
Information disclosure provisions are too costly and unnecessary.
Disincents energy efficiency.
IEP written comments will offer suggestions on how to remedy the flaws in the
proposed cap.


John,

Enron owns two GE 7EA turbines, which may be sold in a structure similiar to
the CA Development structure.  We would like to update the letter agreements
to address this possibility, and would appreciate K & S's assistance in that
regard.

The counterparties are not yet known, but I have heard Evista and Cayuga
mentioned.

If this sounds good to you, I will initiate the approval process for your
retention in this matter.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/05/2001 08:52
AM ---------------------------

	From:  Ben F Jacoby @ ECT                           01/04/2001 08:43 PM

Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: 7EA Deals

Kay:

As you know, I just love to pile on. I took what I think are the latest form
docs and made some changes to incorporate additional commercial terms I want
to go out with. Please review the attached clean and redline drafts. In the
interest of time, would it be OK for Caroline to review (I've really got
people chomping at the bit).

Thanks,

Ben


Scott,

Attached are the two deals we booked last week for Jared.

They are basically identical, with only slight modification on the price for
June-Sep.  Let me know which deal they want to unwind.  I need to get risk to
run a mini-book so I can tie it to the model.

I will come up in a few minutes to discuss.

Eric


approved

 -----Original Message-----
From: 	Lee, Dennis
Sent:	Wednesday, January 09, 2002 9:51 AM
To:	Bodnar, Michael; Buehler, Craig; Cherry, Paul; Dasilva, Esther; Donoho, Lindy; Frazier, Perry; Lee, Dennis; Lindberg, Lorraine; Lohman, TK; Lokay, Michelle; Sheffield, Sandy; White, Angela
Subject:	Credit Request Astra Power, LLC

Credit Approval Requested

Request submitted to CAS for Capacity approval

Shipper :		Astra Power, LLC
Contract # :		27807
Service Type :	New FT
MDQ:			15,000 Dth/d
Rate:			$ 0.02
Term:			January 10, 2002 through January 10, 2002

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


Hi everybody,

Here is a new master swap agreement for Great Lakes Energy Partners, L.L.C.
If you have any questions, please feel free to call.

Best regards,

Brad
ext. 5-7749


Ken:  could you call me at 415.782.7822 re: Loretta's talk tomorrow (I'll be
in Sacramento).  Thanks, Jeff

	"Ken Smith" <ken@kdscommunications.com>
	02/27/2001 06:58 PM
	Please respond to "Ken Smith"

		 To: <Sandra.McCubbin@enron.com>, <bhansen@lhom.com>, "Hedy Govenar"
<hgovenar@govadv.com>, <Leslie.Lawner@enron.com>, <Lysa.Akin@enron.com>,
<Cindy.Derecskey@enron.com>, <Joseph.Alamo@enron.com>, <hgovenor@govadv.com>,
<Jeff.Dasovich@enron.com>, <Susan.J.Mara@enron.com>,
<Paul.Kaufman@enron.com>, <John.Neslage@enron.com>,
<Harry.Kingerski@enron.com>, <James.D.Steffes@enron.com>,
<Karen.Denne@enron.com>, <Mark.Palmer@enron.com>,
<Richard.Shapiro@enron.com>, <Linda.Robertson@enron.com>,
<Lora.Sullivan@enron.com>, <Janel.Guerrero@enron.com>
		 cc:
		 Subject: Re: Agenda for 1:30 call on Wednesday

I will be unable to be on the conference call tomorrow... I'm at the Loretta
Lynch lunch.

I may try to call in on my cell for part of the conversation.  Is the number
and code the same for each call?

I'll report back on what she says in her appearance before the Press Club.
----- Original Message -----
From: <Janel.Guerrero@enron.com>
To: <Lora.Sullivan@enron.com>; <Linda.Robertson@enron.com>;
<Richard.Shapiro@enron.com>; <Mark.Palmer@enron.com>;
<Karen.Denne@enron.com>; <James.D.Steffes@enron.com>;
<Harry.Kingerski@enron.com>; <John.Neslage@enron.com>;
<ken@kdscommunications.com>; <Paul.Kaufman@enron.com>;
<Susan.J.Mara@enron.com>; <Jeff.Dasovich@enron.com>;
<Sandra.McCubbin@enron.com>; <bhansen@lhom.com>; <hgovenor@govadv.com>;
<Joseph.Alamo@enron.com>; <Cindy.Derecskey@enron.com>;
<Lysa.Akin@enron.com>; <Leslie.Lawner@enron.com>
Sent: Tuesday, February 27, 2001 4:48 PM
Subject: Agenda for 1:30 call on Wednesday

> (See attached file: War room agenda 2-28-01.doc)


I've place electronic copies of the Desert Sky warranty agreement on the
service2 network under the TSA_and_aggreement folder for Desert Sky.

JD


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			[IMAGE]B School e-Vantage 10-19-00
[The Princeton Review]	[IMAGE]

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	Dear Ben,

	Welcome to the first issue of our e-newsletter, designed solely to help you
determine what you want to do and how to get there. Are you ready for the
journey?

	The process of selecting and getting into your top business school is
becoming more and more complex, with many variables added to the mix every
day. With nearly 1,000 business schools in the country, your task can seem
daunting. But with a good game plan and solid information, you can determine
what your personal needs are and which schools can give you the best MBA
experience.

	[HOT CAREERS TO WATCH]

	 Tech + Business = Hot Careers
	A Few Million e-xecs Wanted

	Source:  Industry Standard
	For additional information:  CIO Enterprise Magazine

	The shortage of Internet executives is swelling to epic proportions,
according to a recent study by IDC, a research firm focusing on the IT
industry. By 2004, companies will be short 1 million execs for the 9.2
million positions that will be in demand worldwide, predicts John Gantz,
IDC's chief research officer.

	"The demand for people to manage online operations is growing so fast that
soon we will have either young people who know little about business running
multimillion dollar enterprises, or older business executives running online
activities who are clueless about the online world," Gantz says.

	The deficiency will be most apparent in brick-and-mortar companies trying to
push their businesses online, Gantz says, since these companies typically
don't have processes in place to train, recruit or retain Internet workers.

	[FORTUNE 500 FOCUS: Lucent Technologies]Fortune 500 Rank: 19
	Cash flow: $ 5.44 billion
	Revenue:  $38.8 billion in fiscal year 1999 (up nearly 21% over 1998)
	Employees: 153,000 (23% outside of US)
	NYSE: LU
	Stock Price:  $22 7/8
	52-week Trading Range:  84 3/16 (high); 28 1/14 (low)
	CEO:  Richard A McGinn
	Headquarters: Murray Hill, NJ
	Website:  www.lucent.com

	Corporate Profile
	Lucent's mission is to provide customers with the world's best and most
innovative communications systems, products, technologies and customer
support. They have offices or distributors in more than 90 countries and
territories; Bell Labs facilities are located in 25 countries around the
world.

	As the leader in broadband networking, Lucent is building a new generation of
networks that will integrate wired and wireless voice, data and video
traffic. The result will be a new generation of growth opportunities for
Lucent-in systems, software, silicon and services. Lucent competes in a
robust global market that is growing more than 14% annually. Their growth is
propelled by customer demand for next-generation converged networks that
deliver new services in any form.  Check out new developments at Lucent.

	Corporate Kudos

	#10 on Fortune's 1999 list of Most Admired Companies
	#10 on Business Week's annual Performance Ranking of the 500 companies in the
S?500-stock index.
	Received 1,153 U.S. patents in 1999, placing them ninth on the Patent
Office's list of companies.

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	"Dot.com World" is our guide to what's useful, timely, and just plain cool on
the Web.

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	CareerJournal.com
	Salary.com Need help negotiating your next salary, or do you want to find out
what everyone else is making? This site churns out high, medium, and low
salaries.
	Scour.com Scour describes itself as a "broadband entertainment portal" to
find music, movies, and videos all over the Web.
	Internet Movie Database This mega site offers the most comprehensive
information on movie film titles, actors, and directors.
	Late Show Top Ten Home Office If you fell asleep and missed David Letterman's
Top Ten List again, log onto this site to catch up on all that you missed,
including archives of Top Tens from the last seven years!
	CEOExpress.com A collection of links to every major newspaper, wire feed,
magazine, and search engine, plus top shopping, sports, and leisure sites. A
must-bookmark site.
	Bluefly.com  Diesel, Calvin Klein, Ralph Lauren-this top shopping site has
them all at heavily discounted prices.
	Drugstore.com Never run out of toilet paper again! Drugstore.com is an
extensive online drugstore that sells all life's little necessities.

	Is the GMAT scaring you? If you are afraid that the GMAT is becoming your own
personal "Urban Legend"-complete with elements of humor and horror, fear
not.  	[IMAGE]	[IMAGE]

			[AN E-FRIENDLY MBA?]
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			Where Can You Get an e-friendly MBA? The best business schools for
technology, according to Computer World magazine, are Northeastern,
University of Texas at Austin, University of Maryland, University of Alabama,
and University of California at Irvine.

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			Business 2.0 selected the following schools for their top e-commerce
programs:  MIT's Sloan, Carnegie-Mellon, University of Pennsylvania's
Wharton, Stanford, Kellogg, and U.T.-Austin. And if you are a budding
entrepreneur, head to Wharton, Harvard, Stanford, UCLA's Anderson, and Sloan.

			[UNIVERSITY OF TEXAS]

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			http://texasmba.bus.utexas.edu/index.asp
			FAST FACTS
			Selectivity Ranking:
			17  of 247 (1 being the best)
			Incoming Class Size:
			420 (78% male, 22% female)
			Student body:  27% international
			Undergraduate degrees:
			technical/science 32%, business 27%, liberal art 24%, economics 11%
			Avg. GPA:  3.4
			Avg. GMAT score:  690
			Areas of Specialization:
			Accounting, Finance, Management, Marketing, Management Science and
Information Systems, and Marketing/Management Science/Information Systems
			Tuition and fees:
			$ 20,876; $ 32,126 out-of-state
			Avg. Years of Work Experience:  5
			Avg. Age:  29
			Application Deadlines:
			Jan. 1-early; Feb.1-intnatl.; Apr. 15-regular
			Additional Requirements:
			2 years of full-time work experience

			* Based on Business Week's "The Best B-Schools," October 2000

			Description of MBA Program
			The Texas M.B.A program is a two-year, 60-credit hour, full-time program. The
seven-course (21-credit hour) core curriculum provides a broad,
cross-functional perspective followed by 13 electives. A student may choose
to concentrate in an academic discipline or follow a market-driven
specialization, such as energy finance or information management.
			The selection process is highly competitive, with a 2001 class including
doctors, lawyers, consultants, Olympic competitors, military officers,
nonprofit leaders, financial analysts, marketers, bankers, entrepreneurs,
accountants, scuba divers and kick boxers. In a word, diverse.

			Virtual Road Trip Take a trip to Austin, or as U.T. folks call it, "the big
surprise awaiting prospective business students." And while you're there,
stop in at Chuy's, a great place for tongue-sizzlin' Tex-Mex in a campy diner
environment. You'll find a thousand fish over the bar, tailfins from an old
car, Elvis, and other wild items on the walls and ceiling. But hey, the decor
actually works.
			?
			[CAMPUS TOUR]

			 [GMAT Sampler]

			1.  In 1988, was the number of people in City X greater than three times the
number of people in City Y?

			(1)  In 1988, there were approximately 1.1 million more people in City X than
in City Y.
			(2) In 1988, the 300,000 Mormons in City X made up 20 percent of its
population, and the 41,000 Buddhists in City Y made up 30 percent of its
population.

			(A) if statement (1) ALONE is sufficient, but statement (2) alone is not
sufficient to answer the question asked;
			(B) if statement (2) ALONE is sufficient, but statement (1) alone is not
sufficient to answer the question asked;
			(C) if BOTH statements (1) and (2) TOGETHER are sufficient to answer the
question asked, but NEITHER statement ALONE is sufficient;
			(D) if EACH statement ALONE is sufficient to answer the question asked;
			(E) if statements (1) and (2) TOGETHER are NOT sufficient to answer the
question asked, and additional data specific to the problem are needed.

			2. Television programming experts maintain that with each 1% increase in the
prime-time ratings of a television station there is a 3.5% increase in the
number of people who watch its evening news program. However, in the last ten
years at Channel NTR, there was only one year of extremely high prime-time
ratings and, during that year, fewer people than ever watched Channel NTR's
evening news program.

			Which of the following conclusions can properly be drawn from the statements
above?

			(A) When a news program has good ratings, the channel as a whole will have
good ratings.
			(B) The programming experts neglected to consider daytime news programs.
			(C) The year of high ratings at NTR was a result of two hit shows that were
subsequently canceled because of contractual problems.
			(D) The ten-year period in question is not representative of normal viewing
patterns.
			(E) Prime-time ratings are not the only factor affecting how many people
watch an evening news program.

			Need Help Prepping for the GMAT?
			If you are hungry for some high-tech test prep, then try our new free online
GMAT course! It's a definite "Best in Class."

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			 Maybe you just need a good test prep course to allay your fears. For more
test prep tips and strategies, visit our website at www.PrincetonReview.com.

			Send this email to a friend!

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than half the students going to U.S. colleges and graduate schools. For more
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			You are subscribed as: brogers2@ect.enron.com

			[THE PRINCETON REVIEW ,2000]
			GMAT Sampler Answers:
			 1.  The correct answer is choice (B).  Statement (1) tells us how many more
people were in City X than in City Y, but since we don't know the total
population of either, we can't definitively answer this question. We can
eliminate (A) and (D), and we're down to (B), (C), or (E).

			At first glance, statement (2) may not seem helpful since it talks about
Mormons and Buddhists, but in fact, this statement is sufficient. The 300,000
Mormons make up 20% of the population of City X, meaning that we can compute
the entire population (five times 300,000, not that we needed to know the
exact figure). The 141,000 Buddhists make up 30% of City Y, meaning that we
can compute the entire population of City Y as well.

			2.  (E)  This is a causal argument. According to the experts, high prime-time
ratings cause the ratings of the evening news show to increase as well.
However, at Channel NTR, this was not found to be true. What conclusion can
we draw from this? The correct answer is choice (E), which asks us to
consider that there might be alternate causes. (A), (B), and (C) are outside
the scope of the argument, while choice (D) would have been more likely to be
correct had this been a statistical argument.


Greetings Ms Kahl:

Few things:

1)	No, I'm not looking for employment in the face of Enron's current financial "challenges."
2)	Could you forward Michael's email address to me?
3)	Are you aware of what Edison's going to be proposing at the PUC on Nov. 7th w.r.t. how it 	intends to recoup its "undercollection" under its settlement with the PUC.  In short, all  	DA customers, irrespective of whether they were taking from Edison at the time that Edison 	accrued the "undercollection," would be "responsible" for paying.  Which means DA customers 	would pay twice for power--once to their ESP and now, again, to Edison.  Is this something 	that your clients care about?  We care quite a bit.

One of the big issues is whether there ought to be hearings on all of this, or whether Karl Wood ought to just be able to push rates around based on briefs only.  We feel pretty strongly that hearings are required.  One of our big concerns is that this will be the tip of the iceberg, i.e., Edison will continue on after this in an attempt to force all kinds of costs on customers.  You have a view on whether hearings are required?  More importantly do your clients have an interest in all of this, and will you be there on the 7th?

Inquiring minds want to know.

Hope you're well.  Please don't travel over any bridges.

Best,
Jeff


Surprise surprise our law clerk from UH.  I think he will only be here for a
few summer months.  Gerald Nemec introduced me to him.  He, Majed, will also
be working with the swap group.  That's all I know.  Except that he is a vast
improvement from the prior.

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


Hi Andy,
	I booked Thursday, June 7th from 5 to 8 PM at the Grasshopper downtown.  We have a nice, private room upstairs. Everyone under you and Jay totaled about 140 people, not including non networks people.

 -----Original Message-----
From: 	Zipper, Andy
Sent:	Monday, May 21, 2001 8:31 AM
To:	Alon, Heather
Subject:	1,000,000 trade party

Please set one up for internal attendance. Use our original figures for attendance, i.e. all of EOL and 25 to 30 non networks people (whalley, lavorato, shankman et al). come see me with questions.


Portland actually becomes a happening town for one day a year and that day is
St Patricks Day.  There are several pretty cool places that we can go
downtown that will be having pretty decent sized parties.   What is your
schedule for the weekend?  I have Thursday off, work Friday, Have Saturday
off and work Sunday, howe-ver, I think I have someone to work for me on
Sunday.  Anyway, let me know your plans, here is my phone number in case Dahl
doesn't have it.  Home  503-228-7767   Cell 503-702-0463.  Lets grab some
green beers!