TODAY'S HEADLINES
The New York Times on the Web
Sunday, January 27, 2002
------------------------------------------------------------
For news updated throughout the day, visit www.nytimes.com

QUOTE OF THE DAY
=========================
"Your house is burning down, you run back in, what do you
save? You're just not trained to do that, so you go by your
instincts."
-BARTHOLOMEW VOORSANGER, an architect, on remnants collected from the World Trade
Center.

http://www.nytimes.com/2002/01/27/nyregion/27STEE.html?todaysheadlines

NATIONAL
=========================
PCB Pollution Suits Have Day in Court in Alabama

More than 3,500 plaintiffs are involved in a lawsuit that
contends that the Monsanto Company knew the dangers of PCB
contamination in Alabama.
http://www.nytimes.com/2002/01/27/national/27TOXI.html?todaysheadlines

-----

Immigrant Laborers Feel Stranded in Pacific Northwest as Day
Jobs Dry Up

Many immigrants who were able to find work in states like
Washington and Oregon are now unable to as the unemployment
rate continues to rise.
http://www.nytimes.com/2002/01/27/national/27LABO.html?todaysheadlines

-----

Princeton Embraces Scholar of Black Studies

Princeton University's trustees approved the acquisition of
K. Anthony Appiah, a major league   scholar of
African-American studies.
http://www.nytimes.com/2002/01/27/education/27PRIN.html?todaysheadlines

-----

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

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INTERNATIONAL
=========================
Bin Laden Stirs Struggle on Meaning of Jihad

Whether jihad is armed or a more personal duty of conscience
is a question causing consternation in the world's 1.2
billion Muslims.
http://www.nytimes.com/2002/01/27/international/asia/27JIHA.html?todaysheadlines

-----

China Changes Approach in Espionage Incident

China's relationship with the United States has been
changing dramatically over the past months, and the most
recent espionage accusations have served as a barometer of
that shift.
http://www.nytimes.com/2002/01/27/international/asia/27CHIN.html?todaysheadlines

-----

Argentina's Crisis Fuels a Bitter Political Feud

The recent disagreements within the Peronist party have
weakened the already battered faith of Argentines in their
leaders and institutions.
http://www.nytimes.com/2002/01/27/international/americas/27ARGE.html?todaysheadlines

-----

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

BUSINESS
=========================
Economic Forum Moves to Manhattan

This week, the annual World Economic Forum -- a private
summit of world leaders -- meets in Manhattan, shifted from
Davos, a quiet village in the Swiss Alps.
http://www.nytimes.com/2002/01/27/business/27FORU.html?todaysheadlines

-----

'99 Deal Failed After Scrutiny of Enron

Three years ago, a German company pieced together a picture
of Enron's finances so troubling that it helped convince
the company to call off a merger with Enron.
http://www.nytimes.com/2002/01/27/business/27DEAL.html?todaysheadlines

-----

Rallying Cry at First Boston: Smaller, Cleaner, Fairer

John J. Mack, chief executive of Credit Suisse First Boston,
has proven a formidable corporate leader. But the true
tests of his leadership skills lie ahead.
http://www.nytimes.com/2002/01/27/business/27MACK.html?todaysheadlines

-----

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

TECHNOLOGY
=========================
Homestore Fights for Life as Bad News Piles Up

Homestore.com tells a tale of Internet glory that vanished
overnight.
http://www.nytimes.com/2002/01/27/business/27HOME.html?todaysheadlines

-----

Quiet, Please. This Is a Library After All.

A modernized library presents Lincoln Center with acoustical
problems of a new sort: noise.
http://www.nytimes.com/2002/01/27/arts/music/27HORO.html?todaysheadlines

-----

Hard Times Prompt an Entrepreneurial Itch

A Silicon Valley publicist did what an increasing number of
senior managers uncertain of   their job prospects are
doing: He set   himself up at his own company.
http://www.nytimes.com/2002/01/27/business/27ALLI.html?todaysheadlines

-----

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

POLITICS
=========================
Powell Asks Bush to Reverse Stand on War Captives

The secretary of state has asked the president to declare
that captives from the war on terror are entitled to
protection under the Geneva Convention.
http://www.nytimes.com/2002/01/27/politics/27DETA.html?todaysheadlines

-----

Poll Finds Enron's Taint Clings More to G.O.P. Than
Democrats

Suspicions are growing that the Bush administration is
hiding something or lying about its dealings with Enron,
the latest New York Times/CBS Poll shows.
http://www.nytimes.com/2002/01/27/business/27POLL.html?todaysheadlines

-----

South Dakota Takes Center Stage in Political Wars

South Dakota has become the unlikely first battleground in a
war of political superpowers.
http://www.nytimes.com/2002/01/27/politics/27DAKO.html?todaysheadlines

-----

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

SPORTS
=========================
An Amazing Victory for the Knicks

Overcoming hot 3-point shooting by Milwaukee and their own
confounding penchant for critical errors, the Knicks
outlasted the Bucks in double overtime.
http://www.nytimes.com/2002/01/27/sports/basketball/27KNIC.html?todaysheadlines

-----

Johansson Upsets Safin to Win His First Major

Sweden's Thomas Johansson won his first Grand Slam title
with a 3-6, 6-4, 6-4, 7-6 (4) victory over Russia's Marat
Safin in the men's final of the Australian Open.
http://www.nytimes.com/2002/01/27/sports/tennis/27TENN.html?todaysheadlines

-----

Texas Tech Trips No. 6 Oklahoma

Andre Emmett had 26 points and 10 rebounds as Texas Tech
upset No. 6 Oklahoma.
http://www.nytimes.com/aponline/sports/AP-BKC-Oklahoma-Texas-Tech.html?todaysheadlines

-----

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

ARTS
=========================
To Be Alicia Keys: Young, Gifted and in Control

Alicia Keys's songs plunge into the unsettled domain of
female identity in the hip-hop era,   determined to work
their way through conflicting imperatives.
http://www.nytimes.com/2002/01/27/arts/music/27PARE.html?todaysheadlines

-----

At 81, Dancing With New Partners

Anna Halprin collaborates with the Japanese-born Koma and
his wife Eiko in "Be With," an   emotional movement-puzzle
that spills its pieces on the floor to be reassembled anew.
http://www.nytimes.com/2002/01/27/arts/dance/27ROSS.html?todaysheadlines

-----

When Japan Tried On the Modernist Mantle

An exhibit at the Honolulu  Academy of Arts looks at a heady
period in Japan's long history of borrowing from, and
refining, Western culture.
http://www.nytimes.com/2002/01/27/arts/design/27GOME.html?todaysheadlines

-----

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

NY REGION
=========================
Budget Pinch Greets New Governor in Trenton

Now that the realities of the recession have come back to
haunt New Jersey lawmakers, the state is left with one of
the nation's most acute budget problems.
http://www.nytimes.com/2002/01/27/nyregion/27JERS.html?todaysheadlines

-----

What's in an Economic Forum? Visitors, Police and Protests

New Yorkers might not care about the coming World Economic
Forum, but there is good reason to pay attention.
http://www.nytimes.com/2002/01/27/nyregion/27PROT.html?todaysheadlines

-----

60 Firefighters Who Died on Sept. 11 Were Off Duty

A review of the 343 cases in which firefighters lost their
lives on Sept. 11 found that 60 were off duty when they
rushed to the twin towers.
http://www.nytimes.com/2002/01/27/nyregion/27FIRE.html?todaysheadlines

-----

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

OP-ED
=========================
Planet of the Privileged
By MAUREEN DOWD
On Planet Enron, the atmosphere was so rarefied that its
inhabitants were blissfully oblivious to how privileged
they were.
http://www.nytimes.com/2002/01/27/opinion/27DOWD.html?todaysheadlines

-----

The 2 Domes of Belgium
By THOMAS L. FRIEDMAN
Who were the killer pilots who went beyond passive support
on Sept. 11 to become suicidal mass murderers?
http://www.nytimes.com/2002/01/27/opinion/27FRIE.html?todaysheadlines

-----

The Trouble With Bubbles
By EDWARD CHANCELLOR
Enron's collapse can be seen as representative of the
greatest speculative mania in the history of the world.
http://www.nytimes.com/2002/01/27/opinion/27CHAN.html?todaysheadlines

-----

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

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Sharon/Kriste,

If there are going to be revisions to the leave policy, I suggest that we
make major ones, including a segregation of FMLA leave from other types of
leave --i.e., two separate policies.  Let's talk about this on Tuesday -----
Majorly important!!

Michelle

Sharon Butcher@ENRON
01/13/2000 05:38 PM
To: Michelle Cash/HOU/ECT@ECT, Kriste Sullivan/Corp/Enron@ENRON
cc:
Subject: Leave Policy

Dear Michelle and Kriste:   Please review and let me have your comments.
Thanks.  Sharon
---------------------- Forwarded by Sharon Butcher/Corp/Enron on 01/13/2000
05:32 PM ---------------------------

Elaine Paul
12/14/99 08:57 PM
To: Sharon Butcher/Corp/Enron@ENRON
cc: Cynthia Barrow/HR/Corp/Enron@ENRON, Susan Tosoni/HR/Corp/Enron@ENRON

Subject: Leave Policy

Here are a few edits to the Approved Time Off and Leaves of Absence policy.

Benefits has not included a "second or third opinion by another health care
provider paid for by the Company" as it has significant implications to our
LTD plan and has created at least one problem that I am aware of in the past.
We will need to think through what the certification document might look like
and would look to you for some guidelines.   The concern I have is around
privacy and use of information given potential regulation.
Cynthia believes that we should run FMLA concurrent with sick time.  I agree
and have noted that in the document.

Sharon, could you please review the wording to ensure I haven't missed
something here from a legal perspective.  I will follow-up with you by phone
shortly.

Susan, here are the "long-since promised" wording changes we propose.

Thanks,

Elaine


I really think we can do this more systematically.  Give me a little time.
ie.  Trust me I'm the Godfather.


Can you please let me know if there are any existing NDA's in place with the
referenced counterparty.  Thank you!


i met your friend andrea this weekend


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

 - 10-11 0700 Report.xls


Sara,
Monument has agreed that we do not need the terms of business for the Futures with ENA.
sg

 -----Original Message-----
From: 	Jacqueline Tokley <jtokley@monumentderivatives.com>@ENRON
Sent:	Tuesday, October 23, 2001 3:56 AM
To:	Glover, Sheila
Subject:	RE: Trading Agreements with Enron

Sheila,
Further to my earlier E Mail I have now spoken to Credit Lyonnais and we
have agreed that for the futures transactions we will not need to prepare a
Terms of Business for Enron North Amercica Corp.
Best Regards
J
-----Original Message-----
From: Glover, Sheila [mailto:Sheila.Glover@ENRON.com]
Sent: 22 October 2001 16:45
To: jtokley@monumentderivatives.com
Cc: Shackleton, Sara; Towarek, Michael; Hopley, Kimberly
Subject: Trading Agreements with Enron

Jackie,

Legal is reviewing the Terms of Business document for Credit Lyonnais
and Monument Derivatives.

For Equities and Options, we will trade as ECT Investments, Inc.  with
all clearing through Goldman Sachs International and Morgan Stanley &
Co.

For Futures, we will trade as Enron North America Corp. with Give-up to
Carr Futures and Deutsche Banc Alex Brown Inc. We are currently in the
process of setting up the Deutsche Bank agreement.  Rob Manders,
212-469-2034, Rob.Manders@db.com,  may be contacted for more
information.

Legal thought that for the futures we only require your give-up
agreements to Carr and DB and will not need the Terms of Business
Agreement on the Futures side.

Please advise.
Sheila

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

This document is for information only and is for use of the recipient. It is
not to be reproduced, copied or made available to others. This document
neither constitutes, or is to be construed as an offer to buy or sell
investments. The information and opinions expressed herein are based on
sources we believe to be reliable but we do not represent that they are
accurate or complete. Any information herein is given in good faith, but is
subject to change without notice. No liability is accepted whatsoever by
Monument Derivatives Ltd, employees and associated companies for any direct
or consequential loss arising from this document. Monument Derivatives Ltd
is regulated by the SFA and is a member of the London Stock Exchange, LIFFE
and ISMA.


Louise, you had asked us to alert you immediately of any counterparty that makes noises consistent with an alteration of their trading policy with us.

I've just spoken with Wisconsin Gas (the state's largest gas LDC), and they told me that the February basis transaction (20 contracts--Enron the buyer) we had come to basic agreement upon last week had been put on hold.  As the customer put it, "We had a risk management meeting at the end of the week, and we've decided to put that transaction on hold.  We'll let you know when we're able to move forward on that".

We had reached agreement on Wednesday, but at that time my counterpart said that he would be out of the office for a couple of days and would wait until Monday to close the deal.  After not hearing from him during the morning, I called to close the transaction and was told that they could not go through with it.

WIGas has continued to trade <30 day physical gas with us on EOL--seven trades so far today.

Please let me know if there is any additional information you need or if there are any further actions you'd like me to take.  Thanks.

Patrick Tucker
x3-3055


Do you have an answer for me regarding the simulation I asked you to run?
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/23/2000
05:31 PM ---------------------------
From: David J Botchlett on 10/23/2000 04:35 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc: John L Nowlan/HOU/ECT@ECT, Don Schroeder/HOU/ECT@ECT
Subject: Re: var calc

jeff,we have bought approx. 2.75mmbbls. of dec crude and reduced heat cracks
300mb. This means we should be close to our var limits
but not sure if under. Secondly,products has var coming from heat cracks (we
got hit on EOL for 975 mb  on friday),jet swaps  (also EOL earlier
last week  of about 1mm bbl.),and some gasoline cracks in 2002.Otherwise our
products positions on both dides of the Atlantic are as small
as anytime in recent history.

	From:  Jeffrey A Shankman                           10/23/2000 03:25 PM

To: John L Nowlan/HOU/ECT@ECT
cc: Don Schroeder/HOU/ECT@ECT (bcc: David J Botchlett/HOU/ECT)
Subject:

John, you guys have to be under Var tonight before we leave for the evening.
That means buying on access if necessary.


NESA / HEA will be a Sponsor of the Ziff Energy Group Gas Storage Conference
being held in Houston, Texas on June 22, 2001.  Please take a moment to
review the attached information and contact Shelley Soles - Conference
Director, Ziff Energy Group, at (403) 234-4285 with questions.

 <<Email Broadcast #1.doc>>

 - Email Broadcast #1.doc


[IMAGE]	Fantasy Football Newsletter
  November 16, 2001

     [IMAGE]Fantasy Sports     [IMAGE]Fantasy Football     [IMAGE]CBS SportsLine.com

  Welcome to another edition of the 2001 Fantasy Football Newsletter!      The Fantasy Football newsletter will arrive in your e-mail inbox every Friday. We'll include news about the web site; tips on using all the features available; and answers to your player-related questions from the "Gridiron Guru."   	[IMAGE]	Inside      ? Plan for the Playoffs   ? Game-by-Game Analysis   ? Gridiron Guru   ? Tip of the Week

 [IMAGE]  [IMAGE]  [IMAGE]

    Plan for the Playoffs     The Fantasy season is nearing its end, and the playoffs are on the horizon. For Fantasy 2001 players, the playoffs begin with NFL week 15 (games of Dec. 22-23) and last two weeks, with the championship game in week 16 (games of Dec. 29-30.)  If you're in a Football Commissioner league, go to Schedule, Playoffs to see when your playoffs start and how many rounds they last. Of course, the matchups are probably still not determined, so you may not see teams listed in the brackets. The commissioner of your league is responsible for adding the teams to your playoff brackets at the end of your regular season.  If your team is still in contention, go to NFL Teams, Schedule and take note of the NFL teams with byes during your playoff weeks, so you know which players will be available if - and WHEN - your team competes in a playoff matchup.

    Game-by-Game Analysis     Go to Players, Game Log to see how a particular player did in each game this season. The player's statistics in the common categories will be displayed for each game. If you are breaking down free agents, the game log is great way to see who's been getting the most consistent production.

    Gridiron Guru     Welcome to Gridiron Guru, where we'll answer your questions about players and offer Fantasy Football roster advice. We invite you to send your own scouting reports and comments on players to: gridguru@commissioner.com . You'll get the chance to be heard by thousands of Fantasy players just like yourself!

  Question - Mike Blake     I'm having trouble filling my No. 2 WR spot. Should I start Az-Zahir Hakim, Todd Pinkston or Muhsin Muhammad in week ten?    Answer - GG     Hakim is a hit-or-miss type, so he's risky. Pinkston has done nothing in his last four games, and he's losing playing time to Freddie Mitchell. Muhammad bounced back from a few bad performances to catch six passes for 75 yards last weekend against St. Louis, and has had some past success against this week's opponent, San Francisco. Go with Muhammad.

  Question - Russell Brown     My league starts 2 QBs. Donovan McNabb is one  of my starters. Who else should I start? I have Tom Brady,  Vinny Testaverde and Doug Flutie.    Answer - GG     Testaverde's Fantasy value has taken a real hit this  season because of the Jets' conservative offense. Flutie  struggled last week against a bad Denver secondary, and  won't have an easier time against Oakland. We'd suggest  playing Brady, who will start against St. Louis despite the  return of Drew Bledsoe. Brady has thrown 11 touchdowns in  his last five games, and is playing too well to bench.

  Question - Chris Gilcrest     Who would you start at QB this weekend: Rich  Gannon or Kerry Collins? Which one of these four RBs would  you bench: Eddie George, Michael Pittman, Mike Anderson,  Curtis Martin?     Answer - GG     Collins has the better matchup of the two QBs, but  he's far too inconsistent to start over a player like  Gannon. Oakland will be looking to bounce back from a subpar  performance against Seattle, so look for Gannon to have a  solid game. As for your second question, bench Mike  Anderson. You can't bench Martin, no matter how bad the  matchup may be. George has four touchdowns in his last three  games against Cincinnati, and is worth starting despite his  struggles this season; and Pittman's matchup against Detroit  is too good to ignore.

    Tip of the Week      Keith Simmons, Boulder, CO: Can Terrell Davis ever stay  healthy? He comes back and teases Fantasy owners with his  solid play over the last two weeks, only to fall prey to  another knee injury this past Sunday. He was once the best  Fantasy player in the league, but now Davis is an  unreliable, injury-prone shell of his former self.

  This message has been sent to jason.williams@enron.com, provided free of charge and free of obligation. If you prefer not to receive emails of this nature please send an email to remove@commissioner.com . Do not respond to this email directly.


Please find attached Credit's EOL responses for 3/29/00

Regards
Molly


please change my address in the enron system.  thanks.  Jeff
----- Forwarded by Jeffrey A Shankman/HOU/ECT on 01/29/2001 07:04 AM -----

	Corporate Payroll@ENRON
	Sent by: Enron Announcements@ENRON
	01/26/2001 06:17 PM

		 To: All Eligible Enron Employees United States
		 cc:
		 Subject: 2000 W2 Information

The 2000 Form W-2 will be mailed to your address of record by January 31,
2001. If you have not received your form by February 20th, you may request,
in writing, for a duplicate copy to be sent to you. Please note that a
written request, including authorized signature is required.

When requesting a duplicate form, please specify the year for which you need
a copy, sign your request, and include the following information:

 Name
 Complete Mailing Address
 Phone Number
 Social Security Number

You may mail your request to:
 ENRON CORP
 EB 1528
 P O BOX 1188
 HOUSTON TX   77002

Or you may fax your request to 713-646-3755.

Your request will be processed within one week of receipt.

If you have a question regarding the information on your Form W2, please
contact the Payroll Call Center at 713-345-5555 option 1.

Thank you


Springtime in Europe!  Announcing Group Specials to Europe

US Airways is offering special sale fares for groups of ten or more passengers traveling together from the continental U.S. to Europe between April 1, 2002 and May 31, 2002. Group reservations must be made through US Airways Group & Meeting Travel at 877-US GROUPS (877-874-7687) no later than 30 days prior to departure, or by Friday, March 15, 2002, whichever is earliest.  Or, visit us at http://www.usairways.com/groups/europe_group_sale.htm

Call US Airways Group & Meeting Travel between 8:30 a.m. and 6:00 p.m., Monday through Friday, to make your group reservation or for more information on these and other group specials.

Sample Markets                          Each Way Sale Fares
-----------------------------------------------------------
St. Louis to Amsterdam                          $234
Philadelphia to Amsterdam                       $194
Raleigh/Durham to Amsterdam                     $234
Tampa to Amsterdam                              $246
Baltimore to Frankfurt                          $216
West Palm Beach to Frankfurt                    $251
Ft. Lauderdale to Madrid                        $259
Phoenix to Madrid                               $289
Syracuse to Madrid                              $250
Boston to Manchester, UK                        $200
San Francisco to Manchester, UK                 $251
Philadelphia to Manchester, UK                  $200
Cleveland to Munich                             $247
Denver to Munich                                $269
Minneapolis to Munich                           $247
Charlotte to Paris                              $192
Hartford to Paris                               $192
Nashville to Paris                              $232
Pittsburgh to Paris                             $183
New Orleans to Rome                             $289
San Diego to Rome                               $307
Dallas/Ft. Worth to London                      $199
Charlotte to London                             $190
Indianapolis to London                          $225
Louisville to London                            $225
Orlando to London                               $190

Fares are each way based on roundtrip Coach travel on US Airways, US Airways Shuttle, and/or US Airways Express. Depending on your travel needs, alternative routings may be available at the same fares, with part of the service on regional aircraft operated by US Airways Express carriers Allegheny, Air Midwest, CCAIR, Chatauqua, Colgan, Mesa, Piedmont, PSA, Shuttle America or Trans States.

SPECIAL PROMOTION RESTRICTIONS
Fares apply from the US to Europe. Roundtrip purchase required. Fares are per passenger based on a group of ten (10) or more passengers traveling together. All passengers in a group must travel on identical itineraries. Valid for travel originating 4/1/02- 5/31/02. All travel must be completed by 6/10/02. Tickets become nonrefundable 24 hours after making initial reservation, but under certain conditions may be changed for a minimum $150 fee. Minimum 5 day stay required. Maximum 60 day stay applies. Fares valid for travel Monday-Thursday only. Fares for travel on other days are higher. Fares do not include airport passenger facility charges of up to $18, and September 11 security fees of up to $10 per roundtrip, where applicable.
Fares do not include government-imposed taxes/fees/surcharges of up to $90, and are subject to government approval. Seats are limited and may be sold out during very busy travel times, weekends or holiday periods. Other restrictions may apply. Lower fares may be available in these markets. Group reservations must be made no later than 30 days prior to departure or by 03/15/02, whichever comes first, and tickets must be purchased no later than 21 days prior to departure. Subject to normal group deposit procedures. All group reservations must be made through US Airways Group & Meeting Travel at 1-877-874-7687 or visit us at http://www.usairways.com/groups/europe_group_sale.htm

This is a post-only mailing sent to scorman@ENRON.COM.  Please do not respond to this message. To change preferences or un-subscribe from this list, please visit the E-Savers enrollment page at http://www.usairways.com/esavers/enroll.htm

		Copyright US Airways 1996-2002.  All rights reserved.

	   US Airways World Wide Web address: http://www.usairways.com


thanks for deleting that "smacking around" part chica!

   Kate Symes @ ECT                05/01/2001 12:44 PM

To: Lester Rawson/PDX/ECT@ECT
cc: Kimberly Hundl/Corp/Enron@Enron

Subject: Unit Contingent Deals

Les -
Here's the latest list of unit contingent deals in need of unit names. I've
tried referring to your unit name list and entering them myself, but it looks
like some delivery points correspond to more than one unit. I.E. Navajo can
originate from LV Cogen OR Saguaro Power. If you could add these unit names
into the deals, or let me know what they are so I can enter them, it would be
much appreciated.

Thanks,
Kate
---------------------- Forwarded by Kate Symes/PDX/ECT on 05/01/2001 10:49 AM
---------------------------

Kimberly Hundl@ENRON
05/01/2001 07:19 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Unit Contingent Deals

Mornin' Sunshine!!!
I need unit names for all of the following deals please:
593484
593486
594911
594915
595073
597061
597063
597065
598151
598153

Thanks!
Kim


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Ola -

Hope your vacation was good!  Barry and I are planning a trip to Tucson and will tentatively be flying in from California the morning of April 27th to meet with you.  Just wanted to send you the email so that we can talk about it as soon as you get back.  We are waiting on you to buy our tickets.  Let me know.

Adios Amigo

K.


Hey Purvi ,

Glad to hear that you are doing well.
Sorry so late on this, I have used ALtra , TransEnergy , and Risk Works.
Enron uses all self built risk programs.
I have also heard good things about Crystal Ball but do not know much about it.

I hope all is well

Dutch

 -----Original Message-----
From: 	"Purvi Patel" <pnpatel@tecoenergy.com>@ENRON [mailto:IMCEANOTES-+22Purvi+20Patel+22+20+3Cpnpatel+40tecoenergy+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, June 26, 2001 10:12 AM
To:	Quigley, Dutch
Subject:	Hi Dutch,

Hi Dutch,
How are you doing this lovely day? I am doing good. Pretty busy. I have got SO many projects on my table. It is good, cause the day goes by quicker now. Anyways, I had a question for you. One of my new projects is to find a good software that my group can use that does risk management, real time updates, some forecasting, etc... Basically, do you guys use any kinds of software (besides the in-house stuff) that I can research ?

I know its bid week, so just get back to when when you get a chance! Thanks!! I hope that you are making some money there... STock price sucks right now!

Purvi


Thank you for your recent correspondence to Mr. Jeff Skilling.  As he is
traveling for the next 10 days, I have taken the liberty of forwarding your
information to
Mr. Greg Piper, COO of Enron Net Works.  Mr. Piper is responsible for all of
Enron's e-commerce systems development, such as EnronOnline, ClickPaper.com,
etc.  It was sent to him today via interoffice mail, so he should receive it
within the next 24 hours.  You may contact him directly at 713.853.6635.

Regards,
Sherri Sera
Assistant to Jeff Skilling
713.853.5984
713.646.8381 (fax)
sherri.sera@enron.com


I have left a message with Ed Sacks re a credit worksheet for a Master with
Tico and await his response.

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


Tana,

Is it possible to get access to the Master Agreeement database for Ana Rizvi,
Melissa Rodriguez, &  Kelly Summers?  Please let me know.  Thank you!


713-646-8272, its the same

 -----Original Message-----
From: 	"Lesley Maser" <llmaser@degeurinrealty.com>@ENRON
Sent:	Tuesday, November 20, 2001 10:09 AM
To:	Dean, Clint
Subject:	Re:

Hello!  Just let me know what your fax # is then you can fwd it to Rick!

Lesley

----- Original Message -----
From: "Dean, Clint" <Clint.Dean@ENRON.com>
To: "Lesley Maser (E-mail)" <llmaser@degeurinrealty.com>
Sent: Tuesday, November 20, 2001 8:52 AM

Did you get that info over to Rick yet?  Just a friendly reminder if
not.

Thanks

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


I would like to get access to Mimic.  Brad McKay has an ID and Sean uses it
to do Gas Daily queries.


Monica:  Since our recent conversation, I thought that you were going to send
me the entire format for the European format for the repos.  Also, have you
had an opportunity to review the existing repo between Chase and Enron North
America Corp. (formerly Enron Capital & Trade Resources Corp.) dated as of
January 29, 1998?  I look forward to hearing from you.  Sara


I thought you might be interested in the new book by Baruch Lev on
"Intangibles." It will be published in March but if you'd like to take an
early look at it, you can check it out on Baruch's Web site.

 The title of the book is Intangibles: Management, Measurement, and
Reporting.

 You can download it from the following Web site:

 www.baruch-lev.com

 Best regards,
 Jeff


stay at your place even though you are a bed hog

 -----Original Message-----
From: 	Erin Richardson <erichardson@sarofim.com>@ENRON
Sent:	Friday, October 12, 2001 10:34 AM
To:	Lenhart, Matthew
Subject:	RE:

what's that?

-----Original Message-----
From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
Sent: Friday, October 12, 2001 10:24 AM
To: erichardson@sarofim.com
Subject: RE:

yep.  looks like i found the formula.

    -----Original Message-----
   From:   Erin Richardson <erichardson@sarofim.com>@ENRON
   Sent:   Friday, October 12, 2001 10:18 AM
   To:     Lenhart, Matthew
   Subject:  RE:

   are you having a better day today?

   -----Original Message-----
   From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
   Sent: Thursday, October 11, 2001 5:15 PM
   To: erichardson@sarofim.com
   Subject: RE:

   you are so mean.  why can't you be sweet like me?

       -----Original Message-----
      From:   Erin Richardson <erichardson@sarofim.com>@ENRON
      Sent:   Thursday, October 11, 2001 4:58 PM
      To:     Lenhart, Matthew
      Subject:  RE:

      whatever, i know you were kidding, so was i.

      -----Original Message-----
      From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
      Sent: Thursday, October 11, 2001 4:58 PM
      To: erichardson@sarofim.com
      Subject: RE:

      just kidding.  you need to relax a little.

          -----Original Message-----
         From:   Erin Richardson <erichardson@sarofim.com>@ENRON
         Sent:   Thursday, October 11, 2001 4:50 PM
         To:     Lenhart, Matthew
         Subject:  RE:

         you are a jerk

         -----Original Message-----
         From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
         Sent: Thursday, October 11, 2001 4:51 PM
         To: erichardson@sarofim.com
         Subject: RE:

         i am going to the strip club.  do you want to meet me there?  i
   will
      get
         you a lap dance.

             -----Original Message-----
            From:   Erin Richardson <erichardson@sarofim.com>@ENRON
            Sent:   Thursday, October 11, 2001 3:38 PM
            To:     Lenhart, Matthew
            Subject:  RE:

             you'll be fine

            -----Original Message-----
            From: Matthew.Lenhart@enron.com
   [mailto:Matthew.Lenhart@enron.com]
            Sent: Thursday, October 11, 2001 3:34 PM
            To: erichardson@sarofim.com
            Subject: RE:

            i resent that too

                -----Original Message-----
               From:   Erin Richardson <erichardson@sarofim.com>@ENRON
               Sent:   Thursday, October 11, 2001 3:30 PM
               To:     Lenhart, Matthew
               Subject:  RE:

               why? it's true.  i resent the fact that you can't be honest
      with
         me

               -----Original Message-----
               From: Matthew.Lenhart@enron.com
      [mailto:Matthew.Lenhart@enron.com]
               Sent: Thursday, October 11, 2001 3:29 PM
               To: erichardson@sarofim.com
               Subject: RE:

               i resent that last comment

                   -----Original Message-----
                  From:   Erin Richardson <erichardson@sarofim.com>@ENRON
                  Sent:   Thursday, October 11, 2001 3:25 PM
                  To:     Lenhart, Matthew
                  Subject:  RE:

                  exactly, see, worthless.

                  -----Original Message-----
                  From: Matthew.Lenhart@enron.com
         [mailto:Matthew.Lenhart@enron.com]
                  Sent: Thursday, October 11, 2001 3:22 PM
                  To: erichardson@sarofim.com
                  Subject: RE:

                  i am gonna buy you a bmw

                      -----Original Message-----
                     From:   Erin Richardson <erichardson@sarofim.com>
   @ENRON
                     Sent:   Thursday, October 11, 2001 3:19 PM
                     To:     Lenhart, Matthew
                     Subject:  RE:

                     whatever, from now on i just won't listen to anything
   you
         say.
            i
                  will
                     consider everything that comes out of your mouth
      worthless.

                     -----Original Message-----
                     From: Matthew.Lenhart@enron.com
            [mailto:Matthew.Lenhart@enron.com]
                     Sent: Thursday, October 11, 2001 3:07 PM
                     To: erichardson@sarofim.com
                     Subject: RE:

                     it is so easy b/c you get all worked up and you are
   not
      sure
               whether
                  to
                     believe me or not.

                         -----Original Message-----
                        From:   Erin Richardson <erichardson@sarofim.com>
      @ENRON
                        Sent:   Thursday, October 11, 2001 2:55 PM
                        To:     Lenhart, Matthew
                        Subject:  RE:

                        you love trying to get on my nerves don't you?

                        -----Original Message-----
                        From: Matthew.Lenhart@enron.com
               [mailto:Matthew.Lenhart@enron.com]
                        Sent: Thursday, October 11, 2001 2:50 PM
                        To: erichardson@sarofim.com
                        Subject: RE:

                        you have such a temper.

                            -----Original Message-----
                           From:   Erin Richardson
   <erichardson@sarofim.com>
         @ENRON
                           Sent:   Thursday, October 11, 2001 2:46 PM
                           To:     Lenhart, Matthew
                           Subject:  RE:

                           matt, it's cool.  i was just playing!

                           -----Original Message-----
                           From: Matthew.Lenhart@enron.com
                  [mailto:Matthew.Lenhart@enron.com]
                           Sent: Thursday, October 11, 2001 2:40 PM
                           To: erichardson@sarofim.com
                           Subject: RE:

                           just chill girl.

                               -----Original Message-----
                              From:   Erin Richardson
      <erichardson@sarofim.com>
            @ENRON
                              Sent:   Thursday, October 11, 2001 2:34 PM
                              To:     Lenhart, Matthew
                              Subject:  RE:

                              i'm not getting worked up, i was just typing
   a
            playful,
                        meaningless
                              email.
                              stop trying to pick a fight with me.

                              -----Original Message-----
                              From: Matthew.Lenhart@enron.com
                     [mailto:Matthew.Lenhart@enron.com]
                              Sent: Thursday, October 11, 2001 2:29 PM
                              To: erichardson@sarofim.com
                              Subject: RE:

                              it isn't that big of a deal.  why don't you
   just
         relax
               about
                     the
                           whole
                              thing.

                                  -----Original Message-----
                                 From:   Erin Richardson
         <erichardson@sarofim.com>
               @ENRON
                                 Sent:   Thursday, October 11, 2001 2:24 PM
                                 To:     Lenhart, Matthew
                                 Subject:  RE:

                                 no, i'm not.  by the way, i broke down and
      told
            jenn
                  about
                     the
                           whole
                                 bonnie
                                 thing.  she doesn't think i look like her
      either
         so
               now i
                  am
                           feeling
                                 much
                                 better no thanks to you.

                                 -----Original Message-----
                                 From: Matthew.Lenhart@enron.com
                        [mailto:Matthew.Lenhart@enron.com]
                                 Sent: Thursday, October 11, 2001 1:56 PM
                                 To: erichardson@sarofim.com
                                 Subject: RE:

                                 no.  you are so gullable.

                                     -----Original Message-----
                                    From:   Erin Richardson
            <erichardson@sarofim.com>
                  @ENRON
                                    Sent:   Thursday, October 11, 2001 1:39
   PM
                                    To:     Lenhart, Matthew
                                    Subject:  RE:

                                    so, are you really "hitting the strip
      clubs"
               tonight?

                                    -----Original Message-----
                                    From: Matthew.Lenhart@enron.com
                           [mailto:Matthew.Lenhart@enron.com]
                                    Sent: Thursday, October 11, 2001 1:38
   PM
                                    To: erichardson@sarofim.com
                                    Subject: RE:

                                    ok

                                        -----Original Message-----
                                       From:   Erin Richardson
               <erichardson@sarofim.com>
                     @ENRON
                                       Sent:   Thursday, October 11, 2001
   1:36
      PM
                                       To:     Lenhart, Matthew
                                       Subject:  RE:

                                       ok, enough.  this isn't funny
   anymore.

                                       -----Original Message-----
                                       From: Matthew.Lenhart@enron.com
                              [mailto:Matthew.Lenhart@enron.com]
                                       Sent: Thursday, October 11, 2001
   1:32
      PM
                                       To: erichardson@sarofim.com
                                       Subject: RE:

                                       yeah.  i think we are hitting the
   strip
            clubs.

                                           -----Original Message-----
                                          From:   Erin Richardson
                  <erichardson@sarofim.com>
                        @ENRON
                                          Sent:   Thursday, October 11,
   2001
      1:23
         PM
                                          To:     Lenhart, Matthew
                                          Subject:  RE:

                                          of course i am.  i am going out
         straight
            from
                  work.
                        you?

                                          -----Original Message-----
                                          From: Matthew.Lenhart@enron.com
                                 [mailto:Matthew.Lenhart@enron.com]
                                          Sent: Thursday, October 11, 2001
      12:35
         PM
                                          To: erichardson@sarofim.com
                                          Subject: RE:

                                          i am ready to go tonight.  you
   going
         out?

                                              -----Original Message-----
                                             From:   Erin Richardson
                     <erichardson@sarofim.com>
                           @ENRON
                                             Sent:   Thursday, October 11,
      2001
            12:30
               PM
                                             To:     Lenhart, Matthew
                                             Subject:  RE:

                                             shut up, stop lying.  i don't
         believe
            you
               at
                     all.

                                             -----Original Message-----
                                             From:
   Matthew.Lenhart@enron.com
                                    [mailto:Matthew.Lenhart@enron.com]
                                             Sent: Thursday, October 11,
   2001
         12:29
            PM
                                             To: erichardson@sarofim.com
                                             Subject: RE:

                                             where didn't i go?

                                                 -----Original Message-----
                                                From:   Erin Richardson
                        <erichardson@sarofim.com>
                              @ENRON
                                                Sent:   Thursday, October
   11,
         2001
               12:24
                  PM
                                                To:     Lenhart, Matthew
                                                Subject:  RE:

                                                where did you go?

                                                -----Original Message-----
                                                From:
      Matthew.Lenhart@enron.com
                                       [mailto:Matthew.Lenhart@enron.com]
                                                Sent: Thursday, October 11,
      2001
            12:25
               PM
                                                To: erichardson@sarofim.com
                                                Subject: RE:

                                                no really.  it was a blast.
         little
               tired
                  but
                     i
                        can
                              rally
                                    for
                                             tonight.

                                                    -----Original
   Message-----
                                                   From:   Erin Richardson
                           <erichardson@sarofim.com>
                                 @ENRON
                                                   Sent:   Thursday,
   October
      11,
            2001
                  12:21
                     PM
                                                   To:     Lenhart, Matthew
                                                   Subject:  RE:

                                                   liar

                                                   -----Original
   Message-----
                                                   From:
         Matthew.Lenhart@enron.com

   [mailto:Matthew.Lenhart@enron.com]
                                                   Sent: Thursday, October
   11,
         2001
               12:22
                  PM
                                                   To:
   erichardson@sarofim.com
                                                   Subject: RE:

                                                   i didn't even go home

                                                       -----Original
      Message-----
                                                      From:   Erin
   Richardson
                              <erichardson@sarofim.com>
                                    @ENRON
                                                      Sent:   Thursday,
      October
         11,
               2001
                     12:19
                        PM
                                                      To:     Lenhart,
   Matthew
                                                      Subject:  RE:

                                                      great, you don't
   stand a
            chance.
               i
                     didn't
                           get
                              home
                                    until
                                          5:30
                                                this
                                                      morning
                                                      and i think i was
   still
         drunk
               when i
                     got
                        to
                              work.
                                 how
                                       about
                                             you?

                                                      -----Original
      Message-----
                                                      From: Lenhart,
   Matthew
                                    [mailto:Matthew.Lenhart@ENRON.com]
                                                      Sent: Thursday,
   October
      11,
            2001
                  11:58
                     AM
                                                      To:
      erichardson@sarofim.com
                                                      Subject:

                                                      how are we doing on
   our
            contest?

   **********************************************************************
                                                      This e-mail is the
      property
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                     Corp.
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                                          relevant
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                                                      and
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                                          and
                                                delete
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               e-mail
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                           and
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   as
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                           contract
                              by
                                       estoppel
                                          or
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                                                      Thank you.

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


Louise - thanks for forwarding.  Preliminary response as follows (I will need
to follow up with Sanjev at Slaughter and May who is co-ordinating the
European side):

1.  Regulation

We agree with the analysis. Securities laws will not be relevant.  Insurance
is likey to be the main issue.  If it emerges from our legal review of the
relevant countries that we can avoid the insurance point by making our
contracts look like derivatives (swaps/options) that will determine whether
the CFTC (commodity) regulations will be relevant.  For this reason, it makes
sense to complete the survey before drafting the confirms (which in any event
will be fairly simple). Note, though, that we will not be using ISDA
documentation, since it is unnecessarily complex for the product contemplated
(described below) and using the GTCs approach will tie in more neatly with
OnLine.

Of course we will also need to look at local regulation in each target
jurisdiction.  SFA, for example, are taking an increased interest in the
internet and have recently released a detailed questionnaire which we may
need to complete before launch.

2.  The Product

From my most recent discussions with Bryan, the product will be a simple
Bankruptcy only, digital payout.  That is, if the reference entity goes
bankrupt (probably as defined under the laws of its jurisdiction of
incorporation - local counsel will need to draft in each case) the protection
seller will pay the buyer a fixed, pre-agreed sum of money (not determined by
reference to the value of a bond or anything else).

3.  Bankruptcy

Please see 2 above.  Also note that we are looking for a harder (more
certain) definition of bankruptcy which will be relatively easy to ascertain
in each case.  Early warning type events will probably be out and court based
or other formal proceedings which are readily verifiable will be in. In
practice, this will make it harder for the buyer to claim than under the ISDA
definition (for example) which is a far softer and more sensitive trigger.

4.  Confidentiality

Ken also raised this important point when we spoke yesterday.  There are
issues of confidentiality which will be relevant.  While as a matter of UK
regulation, a Chinese Wall/Restricted List procedure will not be required
(since no securities will be involved), contractual duties of confidentiality
will need to be considered.

The issue is perhaps more a commercial one - We will need to think carefully
about the impact our public betting on the bankruptcy of our counterparties
will or might have on our business relationships with them.

I'll come back with a "legal game plan" once Bryan, Sanjev and I have got
together.

Best regards

Paul

Louise Kitchen
11/17/99 10:27 PM
To: Paul Simons/LON/ECT@ECT, John Sherriff/LON/ECT@ECT, Bryan
Seyfried/LON/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT

Subject: Enron OnLine/Credit Derivatives

FYI
---------------------- Forwarded by Louise Kitchen/LON/ECT on 17/11/99 22:26
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "David Gilberg" <GILBERGD@sullcrom.com>
17/11/99 20:06

To: Mark Taylor/HOU/ECT@ECT
cc: lkitchen@enron.co.uk, RAISLERK@sullcrom.com (bcc: Louise Kitchen/LON/ECT)

Subject: Enron OnLine/Credit Derivatives

Following up on our discussion yesterday, this is to summarize the issues and
questions that we identified with respect to the trading of credit
derivatives through Enron OnLine:

1.  The proposal needs to be analyzed more closely from the perspective of
three principal regulatory schemes - securities, commodities and insurance.
If the credit derivatives are not priced on the basis of or indexed to
securities, there should not be any significant securities law issues.  With
respect to the Commodity Exchange Act, if the derivatives are executed as
swaps, they will need to satisfy the CFTC's swap exemption and, if executed
as options, they will need to satisfy the trade option exemption.  With
respect to insurance, there could be an issue as to whether the credit
derivatives constitute insurance.  This determination as well will depend
largely on how the derivatives are structured.  For example, how will payment
amounts be determined and will payments be tied to losses actually
experienced  by a counterparty?

2.  As a result of the foregoing, it will be necessary to obtain more details
regarding the structure of the proposed transactions.  Will they be swaps or
options?  What will the precise terms be (and are there any draft forms of
confirms that can be reviewed)?

3.  It will also be necessary to determine how bankruptcy events will be
defined.  This approach is clearly simpler than other forms of credit
derivatives that include a variety of triggers (such as those based on
defaults under loans, derivatives, securities or other instruments), because
bankruptcy should generally be a public and objective event.  However, in
many jurisdictions, it is  possible for third parties to cause an involuntary
bankruptcy proceeding to be commenced and even frivolous proceedings can be
commenced and maintained for some period.  Presumably the definition that is
used will need to provide for some period in which the proceeding might be
dismissed.  Also, the definition will need to take into account the
possibility of non-US bankruptcy proceedings.

4.  We also should obtain more information on the manner in which the
derivatives will be priced and the manner in which such prices will be
published or disseminated to clients.  This goes to the issue of whether
Enron could be found to have breached some duty to a third party or whether
that party may have a claim against Enron on some other basis.

For example, it is possible that an entity whose "name" is included in the
list of those on which derivatives are written will claim that Enron
improperly used confidential information that it received about that party
through a trading relationship in pricing derivatives on its credit.  In
addition, such "name" might claim that Enron caused it injury by publishing a
price for derivatives on its credit that reflected a weaker credit rating
than was warranted.  That party might claim that, by publishing such price,
Enron caused other parties to suspend trading with it, to declare defaults or
to demand collateral.  This obviously is not generally a problem with credit
derivatives because they are done privately on a one-to-one basis.

Please call us if you have any questions or would like to discuss these or
other issues further.  Best regards.

------------------------------------------------------------------------------
This e-mail is sent by a law firm and contains information that may be
privileged and confidential. If you are not the intended recipient, please
delete the e-mail and notify us immediately.


Start Date: 1/11/02; HourAhead hour: 1;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011101.txt


There will be a Staff Meeting with Kevin Presto TODAY in 32c2 from 4 - 5pm.

Thanks

T.Jae Black
East Power Trading
Assistant to Kevin Presto
off. 713-853-5800
fax 713-646-8272
cell 713-539-4760


Let me think about it.
---------------------- Forwarded by Kay Mann/Corp/Enron on 08/01/2000 09:56
AM ---------------------------

Heather Kroll@ECT
08/01/2000 09:53 AM
To: Kay Mann/Corp/Enron@Enron, Jeffrey T Hodge/HOU/ECT@ECT
cc:

Subject: Flight Change

I moved Ozzie and my flight to Raleigh up to the 1:22 pm Continental flight.
Please have your assistants change your reservations also if you would like
to get in earlier.

Heather


*~*~*~*~*~*~*~*~*~*~*~*~* Daily Riddle ~*~*~*~*~*~*~*~*~*~*~*~*~*

Today's Riddle is -

A rich man's son was kidnapped. The ransom note told him to bring
a valuable diamond to a phone booth in the middle of a public park.
Plainclothes police officers surrounded the park, intending to follow
the criminal or his messenger. The rich man arrived at the phone booth
and followed instructions but the police were powerless to prevent
the diamond from leaving the park and reaching the crafty villain.
What did he do?

As always, you will find the answer below today's sponsor.

Please take a moment and visit today's sponsor-

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The answer to today's Riddle is -

This is a true story from Taiwan. When the rich man reached the phone
booth he found a carrier pigeon in a cage. It had a message attached
telling the man to put the diamond in a small bag which was around the
pigeon's neck and to release the bird. When the man did this the police
were powerless to follow the bird as  it returned across the city to
its owner.

=============================================================

---
You are currently subscribed to riddles as: mike.grigsby@enron.com
To unsubscribe send a blank email to leave-riddles-8238I@riddlesandmore.net


Anthony and Joe:

I am back in the office and I want to follow-up on the status of the Prime
Broker Letter.  Please let me know how things are going at your earliest
convenience.

Samantha M. Boyd
Sr. Legal Specialist
Enron North America, Corp.
1400 Smith, EB3802A
Houston, TX  77002
Phone:  (713) 853-9188
Fax:  (713) 646-3490
email:  samantha.boyd@enron.com

__________________

Anthony:

In connection with preparing the Prime Broker Letter for Trading Edge, Inc. I
wanted to provide you with information for our contact person at Trading
Edge, Inc.:

Mr. Joe Greenberg
Trading Edge, Inc.
Clearing/Credit Department
(212) 813-6043
jgreenberg@tradingedge.com

Mr. Greenberg will be expecting your call.  I have also provide him with your
contact information.  Please remember to forward a copy of all correspondence
with Mr. Greenberg to my attention for our files.

________________________________

Joe:

Mike Fowler will be calling you to verify which Enron entity this transaction
is for.  Please provide that information to Anthony for the Prime Broker
Letter.

Thanks for your assistance with this matter.

Samantha M. Boyd
Sr. Legal Specialist
Enron North America, Corp.
1400 Smith, EB3802A
Houston, TX  77002
Phone:  (713) 853-9188
Fax:  (713) 646-3490
email:  samantha.boyd@enron.com


Maybe we should knock down the walls of those cavernous offices on the top
floor.

Mark Frevert@ENRON
07/24/2000 06:17 AM
To: Steven J Kean/HOU/EES@EES, Cindy Olson/Corp/Enron@ENRON, Mark
Palmer/Corp/Enron@ENRON, Mark Koenig/Corp/Enron@ENRON
cc:
Subject: Canary Wharf - Update for Executive Committee

Just a quick update on our real estate escapades. Regards . Mark
---------------------- Forwarded by Mark Frevert/NA/Enron on 07/24/2000 06:09
AM ---------------------------

Fernley Dyson@ECT
07/24/2000 05:33 AM
To: John Sherriff/LON/ECT@ECT, Mark Frevert/NA/Enron@Enron
cc: Jackie Gentle/LON/ECT@ECT, Jon Chapman/LON/ECT@ECT

Subject: Canary Wharf - Update for Executive Committee

John - as requested. You may wish to 'top and tail' this.

Enron continues to expand aggressively in Europe.  Forty Grosvenor Place, our
European Headquarters, continues to accommodate this expansion, but the long
lead times involved in obtaining premises in London require us to evaluate
the future accommodation requirements of the business now.

We are considering a number of scenarios, and have reviewed all currently
available sites within a 25 mile radius of Central London. Ideally we would
be looking to accommodate all Enron employees in one building, and we require
significant swing capacity to expand or contract the space available
depending on our business requirements.

One of the options currently available is a site being developed by Canary
Wharf in London's Docklands. We have been looking to secure an option on this
site so that we may properly evaluate the opportunity and consult with our
employees.

On Friday 21 July we agreed non-binding Heads of Terms with Canary Wharf for
the letting of 1.5m sq. ft. This was a prerequisite to obtaining exclusivity
whereby we have until 30 September to negotiate contractual terms or walk
away from the deal.

We will continue to evaluate other options, and there is clearly no
commitment to conclude a deal with Canary Wharf.

An announcement was made to employees at the all staff update last Thursday
(attached).

Media speculation has forced Canary Wharf to issue a London Stock Exchange
Announcement confirming that we have agreed outline terms on a potential
letting and that discussions continue.

---------------------- Forwarded by Fernley Dyson/LON/ECT on 24/07/2000 10:41
---------------------------

	Enron Information Technology

	From:  Enron Europe General Announcement                           21/07/2000
15:22

Please respond to Jackie Gentle/LON/ECT
To: ECT London
cc:

Subject: Newsletter: EuroFlash!!

Yesterday morning during the all-employee staff update, Fernley Dyson, on
behalf of John Sherriff, provided staff with an update on the impact Enron,s
rapid growth in Europe is having on our overall space needs at Enron House.
It was acknowledged that this is an important subject and one about which
many employees have a lot of questions.

The message was clear.  In the day to day decision-making process about Enron,
s commercial activities, it is critical to understand what options are
available and to keep as many avenues open as possible.  In turn, it is
equally important to take this same approach when looking at Enron,s future
office space requirements.

What is the bottom line?

Looking to the future, the preference would be for all London-based employees
to be housed in a single location.

One of the options under consideration is Canary Wharf, but we must stress
that no decision has been taken at this time.

We are currently evaluating all the options available to us in the London
property market.

If we are to move to a new building, it will not occur before 2003.

We will be seeking input and feedback from employees as part of the
decision-making process.

We are committed to keeping the channels of communication open and to provide
information to employees on a timely basis.


I can play on Sunday morning this week.  My eldest daughter has a Horse Show
that I need to be at on Saturday.  Next week I could play either Saturday or
Sunday.  Please let me know.


FYI -

[An overview of the SMUD recommendations referenced in this article can be found at: <http://www.smud.org/res_plan/summary/recommendations/03pubgoods.html>)

Green energy sources seen as ripe for growth

By Carrie Peyton
Bee Staff Writer
(Published Sept. 10, 2001)

Wind and hot water, sunshine and rotting garbage.

They all could keep California's lights on -- for a price.

Around the state, more people are beginning to suggest that price is worth paying to help smooth out the ride on the state's power roller coaster.

This week, Sacramento's municipal utility will begin hearings on an ambitious 10-year plan that would nearly triple its reliance on non-hydroelectric sources of renewable electric power, such as wind farms and solar panels.

In the Legislature, a hotly debated bill would require every power seller in the state to provide increasing amounts of "green" power, rising to 20 percent of their portfolios by 2010. That would roughly double current supplies.

"This may be the silver lining of the energy crisis if we can get this passed," said state Sen. Byron Sher, D-Palo Alto, author of SB 532.

More than a dozen states and many nations already have "portfolio standards" that require each utility or other power venders to provide a set share of electricity from renewable sources. The amounts can be as low as 2 percent or 3 percent, or as high as 30, partly depending on what gets called "renewable."

Environmental and some consumer groups have embraced the idea, saying it would bring a constellation of advantages.

The air would be cleaner, they say. Finite resources such as coal, natural gas and other fossil fuels would be used more sparingly. And in California, the state would be a little less vulnerable next time prices sail through the stratosphere for natural gas, the chosen fuel for virtually all new power plants.

But free-market advocates and some utilities are dubious.

They worry that a state-mandated portfolio standard would drive up prices. It could reward inefficiencies in energy sources that are otherwise too expensive to stand on their own. And in the push to diversify from natural gas, critics of such standards don't want to see the state turn its back on potentially lower cost power sources, including coal, nuclear power and new large dams.

"Ignoring hydroelectric power is shortsighted, and I think not considering nuclear options within the state, at least giving it some public hearing, is shortsighted," said Karal Cottrell, a Sacramento Municipal Utility District director.

It is a debate that will help shape California's power future, and it comes as the state has begun loading up on natural gas plants.

Just over half of in-state electricity production now is fueled by natural gas, but that could rise to 65 percent by 2010 if all currently proposed gas-fired plants are built, said Mark Bernstein, an energy analyst at RAND.

Long viewed as relatively cheap and comparatively clean, natural gas still could pose risks if it dominates the state's power picture.

"We have a very hard time predicting the price of anything, particularly energy these days," said Bernstein. "What happens if the pressures on price are so great that they go way up?"

That fear has been sobering for the Sacramento Municipal Utility District, whose officials worry the utility might be becoming too dependent on two mainstays: hydro power, with its risks of short supplies in dry years, and natural gas.

Already considered a leader in renewable power, SMUD gets about 7 percent of its electricity from non-hydro renewables. In a series of workshops beginning Tuesday , it will seek public feedback on a proposed 10-year plan that would raise that amount to 10 percent by 2006 and 20 percent by 2011.

"If we commit to this, this will be the largest renewable commitment, I believe, in the state right now," General Manager Jan Schori told directors.

Renewable power would cost more, but the benefits in diversification and price stability should be worth it, said SMUD planning chief Jim Tracy. His proposal calls for spending no more than an extra penny per kilowatt-hour for renewables.

At first, SMUD plans to expand its Solano County wind farm, continue subsidizing solar panels and consider working with the county to expand the Kiefer landfill plant, which runs on methane seeping out of rotting garbage. That should get the utility close to 10 percent.

By 2003, staffers would return to the board with a study on how to reach the far more challenging second phase: boosting green power another 10 percent at a livable price.

The likeliest cost-effective sources so far look like wind and geothermal power, said Tracy.

That's also the consensus among those who hope the state will pass its own portfolio standard before the Legislature adjourns Friday.

Wind turbines -- once disparaged as generating more tax breaks than electricity -- have become bigger, more powerful and far more dependable in the past decade. Aided by a federal tax credit, they now can supply power at between 3 cents and 6 cents a kilowatt-hour, depending on location, according to the American Wind Energy Association. At its lower end, that makes wind nearly competitive with a new natural gas plant.

Geothermal power, tapped by drilling into underground beds of hot steam or water, runs between 4.5 cents and 7 cents a kilowatt-hour, and could go lower if it, too, qualifies for the next round of federal credits, plant developers say.

Both sources of power are plentiful in California.

The state is the 13th best source of wind in the nation, with untapped wind resources along mountain ridges running almost the length of the state.

Geothermal power already makes up 5 percent of the state's supply and could rise by thousands of megawatts, with rich beds in the Imperial Valley and elsewhere still not fully tapped.

By comparison, solar power costs more than 10 cents a kilowatt-hour, although it can have special appeal to homeowners living far from power lines or those who want to produce their own electricity.

Both wind and geothermal could be "a shoo-in" economically if natural gas prices float higher, said Matt Freedman of the Utility Reform Network, a consumer group that usually advocates for lower power costs.

Today, it's also one of the biggest lobbyists for a renewable portfolio standard.

"We think the standard is going to save consumers money, or in the worst case, it's like an insurance policy," said Freedman. "I think consumers are willing for that to be part of the mix these days."

But with only a week left to go, Freedman said, "the enemy of (Sher's) bill is time."

That's actually just one of the enemies.

Others include Sempra Energy, parent company of San Diego Gas & Electric Co., and the California Manufacturers Association, which fear it would boost electric rates.

"When a major thrust of the state is to reduce prices as much as possible, is this really a good time for this?" asked Sempra spokesman Ed Van Herik.

Both Sempra and the Assembly's Republican caucus point out that more than $100 million a year already is collected from consumers' electric bills and funneled into a fund that supports renewable energy.

The portfolio standard could have Californians paying again -- up to the 1.5 cents per kilowatt-hour cap in the bill -- for power that they've already helped subsidize, they say.

"Renewable energies are becoming more efficient on their own," said Assemblyman Dennis Hollingsworth, R-Temecula. "To artificially prop them up will stifle that innovation."

California already gets about 9 percent of its total energy supply, including imports, from non-hydro renewables, and an additional 3 percent from small hydro. The state Energy Commission predicts that current programs could boost that to 17 percent by 2006.

So to Sher, author of the renewables bill, raising that amount to 20 percent by 2010 is actually a modest goal.

"We're well on our way there," he said.


-----Original Message-----
From: aw-confirm@ebay.com [mailto:aw-confirm@ebay.com]
Sent: Monday, November 26, 2001 10:24 PM
To: rstrenger@businessedge.com
Cc: scott.neal@worldnet.att.net
Subject: eBay Request total for Item#1301501330 (4 Big 12 Championship
Tickets (Lower Level))

Dear rlstrenger,

The buyer, sneal120,  would like to know the total amount for the item
below. To help you calculate the total, the shipping address is included
below.
The buyer entered the following message: please send payment
instructions
To create and send an invoice to the buyer, click here:
http://cgi3.ebay.com/aw-cgi/ebayISAPI.dll?UnifiedCheckoutSellerUpdateDetails
&itemId=1301501330&transId=0
Alternatively, you may contact the buyer directly.

Details:
----------

    Item Title:         4 Big 12 Championship Tickets (Lower Level)
    Item #:             1301501330
    Item Price:         535.00
    Quantity:           1
    Buyer:              sneal120
    Buyer email:        scott.neal@worldnet.att.net
    Date of Request:    Monday, Nov 26, 2001 20:24:07 PST

    Buyer Shipping Address:
	Scott M Neal
	13603 Pebblebrook
	Houston, TX 77079
	United States

If you have any questions, you can contact the buyer at
scott.neal@worldnet.att.net.

Remember: eBay will not ask you for sensitive personal information (such as
your password, credit card and bank account numbers, Social Security
numbers, etc.) in an email.

Copyright 1995-2001 eBay Inc. All Rights Reserved. Designated
trademarks and brands are the property of their respective owners.


Here it is


FYI.  CDWR bond and purchase info.

Jim

---------------------- Forwarded by James D Steffes/NA/Enron on 06/22/2001
07:44 PM ---------------------------
From: Michael Tribolet/ENRON@enronXgate on 06/22/2001 09:04 AM
To: Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Harry
Kingerski/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Jeff
Dasovich/NA/Enron@Enron, Lisa Mellencamp/ENRON@enronXgate
cc:

Subject: DWR presentation (see page 11)


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You are actively involved in class through workshops, exercises and group discussions.  Exchange ideas and experiences with peers and managers from leading industries.

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Let's see if I get your address right this time....

---------------------- Forwarded by Kay Mann/Corp/Enron on 03/26/2001 05:57
PM ---------------------------

Kay Mann
03/26/2001 05:45 PM
To: priest@yazoopsc.org, mcarroway@watervallery.net, drhunt@watervalley.net
cc: Reagan Rorschach/Enron@EnronXGate, David Fairley/Enron@EnronXGate

Subject: Revised LOI

Gentlemen,

Attached is a clean version of the LOI.  Originals are being sent to Bob and
Marvin by FedX tonight.

Regards,

Kay


A couple of ideas

Alvin Toffler, author of Future Shock, Power Shift, etc. - was a BIG hit in
mid-late 90's.  As BIG as Hamel and Prahalad's Competing for the Future.

Mary Modahl - Forrester Research (VP - Marketing) - Mary recently authored
the book Now or Never: How Companies Must Change Today to Win the Battle for
Internet Consumers. Her research and consulting work in the Internet economy
spans media, retail, financial services, consumer computers and networks,
interactive software technologies, and business trade.  Mary is an
influential and often-quoted analyst. She has been profiled in The Wall
Street Journal and Wired magazine and has appeared as a guest on CBS,
National Public Radio, CNNfn, and CNBC. In addition, she is regularly a
featured speaker at company strategy sessions and industry events.

Carl Shapiro - author of Information Rules- is Professor of Business Strategy
at the Haas School of Business at UC Berkeley and has also served as chief
economist at the Antitrust Division of the Justice Department.

Don Tapscott, authored the bestsellers The Digital Economy and Growing Up
Digital


Stan,

Below are the items that will be discussed under the 'GISB Issues Update' agenda item.  Please note that the pipeline segment Executive Committee representatives are bringing these items to your attention to raise your level of awareness.  We welcome your comments and suggestions.  We understand that the best course of action may be no action.

Lack of ratification results.  The 'Final Actions' page of the GISB Web site has not been updated since January, 2000.  Three ratifications have taken place since that time; two more are occuring this month.  Most importantly, this information is needed for internal planning purposes for computer system changes.  GISB subcommittees also need this information in order to operate effectively.  ENA has been attempting to obtain the results of the April 9 ratification since mid-April.  They're unable to obtain verbal results, much less something in writing or posted.  ENA is considering sending a letter to GISB requesting that the GISB Web site be kept up-to-date.  If so, they'll be looking for other parties to co-sign.

Request logs are not kept current.  GISB's logs, which show the status of requests, have not been updated since May 10, 1999 (per the logs that were last posted).  These logs appear on two Web pages - for standards requests and for interpretation requests.  The log that is currently posted for interpretations requests is dated May 10, 1999.  For standards requests, the logs were removed from the Web site at least six months ago.  At that time, they were current as of May 10, 1999.

Lack of participation.  This was mentioned during the December, 2000 Board meeting.  The EC reps simply want you to be aware of this fact.  The Technical Subcommittee usually has two attendees - including the chair.  The attendance at the Information Requirements Subcommittee (IR) meetings has slightly improved over the last couple of months.  As a reminder - since Jim Keisler passed away, IR is looking for a second co-chair.  I've been approached but have not yet given a response.  Shelley, Brad and I are addressing this.

The May 24 BPS meeting.  You've received at least two e-mails on this topic.  The EC reps will answer any questions the Board members may have and again welcome your comments.

Thanks,
Theresa


Hi Jeff,

I am easy, it just gets difficult to coordinate the more people you have,
it may be better of for her to find a smaller group, but if she has her
sights set on us, that's fine with me.

At 05:15 PM 9/28/00, Jeff.Dasovich@enron.com wrote:
>See my note and Christine's response.  Thoughts?  Suggestions?  Jimmie,
>apparently she's had a crush on you ever since she heard you say,
>"Cash-sucking machine."
>----- Forwarded by Jeff Dasovich/NA/Enron on 09/28/2000 07:11 PM -----
>
>
>                     Christine
> Piesco
>
>                     <christine.piesco@o        To:
> Jeff.Dasovich@enron.com
>                     racle.com>                 cc:
>
>                                                Subject:     Re:
> Teams
>                     09/28/2000 06:23
> PM
>
>
>
>
>
>
>
>
>
>Jeff,
>
>Sorry, I should have mentioned when we spoke that Prof Aceves already said
>it
>would be OK to join a group with 4, making it 5. He knew that would be the
>case. He suggested I pick a group, rather than him just randomly choosing
>one
>to assign me to. You seemed nice based on my initial reaction to meeting
>you,
>which is why I approached you about it.
>
>If the group has reservations based on my past group's experience, please
>let
>them know that the situation arose because I was out of the country for a
>week
>and a half without email access, and therefore wasn't able to contribute to
>two weeks of assignments. I had let Prof Aceves know about this planned
>business-related absence even before the course started, so he didn't
>penalize
>me. He forgot that I was the person who had sent him that note when my
>group
>approached him to let him know I hadn't contributed to two assignments. He
>said based on that, he would speak to the group to put me back in it if I
>wanted, or I could join another group. I hadn't had any conflicts
>whatsoever
>with the other group, I just had been out of communication, but I felt that
>given what had happened starting with a fresh group would be easier. In my
>opinion, it was just unfortunate that this trip happened two weeks into the
>class, before I could prove myself to my old group.
>
>If you can communicate both of these things to your other group members, I
>really would like to join you all. My alternative at this point would be to
>do
>the next assignment individually, since I wouldn't be able to find another
>group until two weeks from now, and then have the professor assign me to
>one.
>
>I greatly appreciate your help. If I can join you all, please let me know
>as
>soon as possible so I can make sure I contribute to the next assignment.
>
>Thanks,
>Christine
>
>
>Jeff.Dasovich@enron.com wrote:
>
> > Christine:
> >
> > My apologies.  My schedule melted down after we talked on Monday.  Here's
> > where folks came out.  There's some concern about size.  We're supposed
>to
> > be no larger than 3, but we lobbied Aceves and he apparently Ok'd our
> > "oversized" group.  The other folks in the group--who talked to him
> > originally--are pretty sure that five will violate the rules.  Folks
> > wondered if there were other groups that are smaller than ours that you
> > could hook up with.  Sorry about that---it's a wrinkle that I didn't
>think
> > about when we spoke.  If it gets real ugly trying to find a smaller
>group,
> > let me know.  Fortunately there's not another team case due for two
>weeks.
> >
> > Best,
> > Jeff
>
>--
>Christine Piesco
>Industrials Account Manager
>Oracle Corporation
>500 Oracle Parkway
>Redwood Shores, CA 94065
>Phone: (650) 506-3640
>Fax: (650) 633-3753
>christine.piesco@oracle.com
>
>
>(See attached file: christine.piesco.vcf)

Kimberly Kupiecki
Senior Account Executive
A&R Partners
kkupiecki@arpartners.com
(650) 762 2800 main
(650) 762 2825 direct
fax (650) 762 2801


Mike,  Still working on it.  Should have a draft by late Monday or Tuesday.
Sorry about the delay.

	Michael Eiben
	11/03/2000 09:17 AM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject: Re: Web Site Format

Hi Gerald,
 where are we with regards to the TPA & Registration agreements?  we have a
demo scheduled for 11/14 and it would be nice to have those posted on the
website.

thanks,   mve

To: Michael Eiben/HOU/ECT@ECT
cc: Eric Gillaspie/HOU/ECT@ECT
Subject: Web Site Format

Mike, I reviewed the pages to the site you provided.  My only comment right
now is that the correct name of the pipeline is "Houston Pipe Line Company".
Note the Pipe Line is two words.  Everything else looks fine.  We will be
getting back with you on the site access agreement.


Here are my responses:

1. Development fee is a commercial question.  This will need to be vetted
with Herman if we go with it.  Personally, I'd skip it and push to sign next
week.

2.  I have a call in to Dale.

3.  No LLC.  Kathleen will handle.  The closer the creation is to the signing
of the letter, the better, taking into account the time required to get the
docs back and set up.  Someone needs to name it.  We should also look at a
minimal list of officers.

4.  I don't have the attachment in front of me, so I will have to look it
up.  I'll get back to you.  The concept is that ENA is only responsible for
changes in the amounts owed to GE as of the closing date.  I thought the
language was awkward, and tried to make it more clear, but obviously failed!
As soon as I get the break out contract from Dale we can check on the
definitional questions. It SHOULD be the same as in the CA breakout contract
with GE, but I won't make that assumption.  Drop dead date on put/call Dec.
2002.

5. This needs to be discussed with Ben.

6.  This should be set up as a  new matter, since these aren't the Blue Dog
turbines. You can send the bill to Sheila with a copy to me.

I'll open the doc and take a look at it asap.

Kay

From: Carlos Sole on 03/05/2001 05:59 PM
To: ccampbell@kslaw.com, kay.mann@enron.com, jkeffer@kslaw.com
cc:

Subject: Issues List for LLC Documents with Panda Energy and Delta

Apologies to Carolyn for the repeated misspellings below.

----- Forwarded by Carlos Sole/NA/Enron on 03/05/2001 05:59 PM -----

	Carlos Sole
	03/05/2001 05:55 PM

		 To: kay.mann@enron.com
		 cc: ccampbell@kslaw.com, jkeffer@kslaw.com
		 Subject: Issues List for LLC Documents with Panda Energy and Delta

Kay, as I told you, Carolyn put out a set of intial draft documents and we
debriefed Jake and Stephen.  Based on our meeting, Carolyn was going to make
certain revisions based on the answers to the questions below and certain
other items we raised during our meeting.  Nevertheless, your input is
required on the following:

1.  We have discussed eliminating the payment of a development fee, which if
Delta /  Panda were to breach its obligations prior to the funding of the
Escrow would be non-refundable and serve as a form of liquidated damages.
Commercially the inclination is to avoid that fee, we need to confirm that
approach.

2.  We need to interface with Dale Rasmussen on the status of the break out
contract and how quickly it can be incorporated into the form of Facility
Agreement that would be part of our transaction.

3.  Have we established an LLC that will be sold for this project.

4.  Please see Caroline's questions 6, 7 and 13 below.

5.  Please see faxes that I left on your chair on the broker issue and
whether we need to respond in writing.  Sheila Tweed's position was not to.

6.  John asked whether K&S should open a separate subfile or include the time
charged within the Blue Dog file?

Thanks and we'll talk tomorrow.

----- Forwarded by Carlos Sole/NA/Enron on 03/05/2001 05:46 PM -----

	Jake Thomas@ECT
	03/05/2001 02:34 PM

		 To: Stephen Thome/HOU/ECT@ECT
		 cc: Carlos Sole/NA/Enron@Enron
		 Subject: Re: Initial Draft of LLC Documents with Panda Energy

See Comments in Red Below

Stephen Thome
03/05/2001 12:23 PM
To: Jake Thomas/HOU/ECT@ECT
cc: Carlos Sole/NA/Enron@Enron
Subject: Re: Initial Draft of LLC Documents with Panda Energy

Jake,

Do you want to make suggestions with regard to #3, #7, #13

Please advise of the following additional information in order that we may
complete
the enclosed documents:

1.  Full name of Panda Energy; Panda Energy International, Inc. Don't we have
two sets of doc's going out ?  The other would be for Delta Power Company LLC
2.  Type of entity of Panda Energy (this affects the representations in
Section 3.2.1 et seq. of the LLC Agreement);  Privately held company
3.  Name of the new LLC formed by ENA;  Salmon Street Energy? Spawn Energy
LLC ? (I'm totally indifferent
4.  Date of organization of the new LLC;
5.  Purchase Price payable by Panda;  $65,800,000.00 ($68,000,000.00) What
would ENA's 20% interest be valued at?
6.  Section 5(a) - there is a substantive question as to what ENA is
responsible for in connection with the Turbine Contract (I included in
brackets the alternative that was originally in the prototype document and
also the alternative as modified by Kay Mann);
7.  Outside date after which either party could terminate if transaction is
not closed;  7 April 2001?
8.   Date of confidentiality agreement;
9.  Identity of any broker used by Panda or ENA; Tom Young (I don't know if
he represents a brokerage firm).NOT!!!10.  Address for notice to Panda;

4100 Spring Valley, Suite 1001
Dallas, Texas 75244

11.  Confirmation that Purchase Amount is defined in the Turbine Contract;
12.  Confirmation that Commercial Operation is defined in the Turbine
Contract; and
13.  Date of automatic right to put or call the LLC interest.


Louise:
I am waiting on that information from BP.  Danny thought that Mr. Fountain might bring James Taylor.  I will confirm with you when I receive information.

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Friday, July 27, 2001 8:45 AM
To:	Armstrong, Julie; Frevert, Mark; McCarty, Danny; Harris, Steven
Cc:	Daw, Nicki; Robertson, Audrey; Schoppe, Tammie
Subject:	RE: Tony Fountain, BP Amoco

How many people are attending from BP Amoco - we seem a little overbearing here.

 -----Original Message-----
From: 	Armstrong, Julie
Sent:	Thursday, July 26, 2001 5:09 PM
To:	Frevert, Mark; Kitchen, Louise; McCarty, Danny; Harris, Steven
Cc:	Daw, Nicki; Robertson, Audrey; Schoppe, Tammie
Subject:	Tony Fountain, BP Amoco

The lunch with Tony Fountain, President of BP Amoco is confirmed for Tuesday, September 4th beginning at 11:45 at Cafe Annie.

The lunch is will serve as a general introduction for all parties.

If you have any questions, please call me at x33597.

I have attached some reference articles on Tony Fountain and BP.

Tony Fountain, BP Amoco
http://194.129.75.138/executive.asp

BP Executives
http://194.129.75.138/PowerContacts.htm

BP Amoco Expands E-Commerce Presence, LONDON (March 28, 2000)
http://www.google.com/search?q=cache:xfJLZED8agw:www.csnews.com/news/archive/bn_1944.html+Tony+Fountain&hl=en

BP Amoco is to acquire a stake in e-commerce Energy Exchange and will partner with web-based customer information provider.
http://www.oilit.com/2pdm/2article/0003_12.htm

BP's Hitting Its Stride
http://209.11.43.194/csnews/search/search_display.jsp?vnu_content_id=901630

BP Amoco Gas and Power North America
http://www.nwga.org/bp_amoco_gp_na.htm

Julie Armstrong
x33597