Will the madness never end?   We go through this on every claim.  I don't know why our insurance guys cannot get on Enron's side to get as much paid for as possible.  Let there be no mistake--Enron Risk Management has a long held disdain for lawyers gettin involved to examine their policies.  I don't doubt for a minute Stuart was preconditioed on this one.  Eddy & I are meeting with Jim Bouillion today and we'll see what we can do.  I agree with Eddy that if they pay the big stuff, we need to be careful. I'm pissed but don't worry--I'll be charming and nice as long as I have to be.  There are definitely a list of things that should be covered, although I agree examination of the policy for coverage probably is not.  But Gordon and Jack's work on that was limited and most of their advice has been related to the Siemens issues, mitigation of damages, conduct as the prudent uninsured, and questions as to how to address these issues under Brazilian law which governs the policy.  The correspondence, the POs, agreements etc should be covered.

 -----Original Message-----
From: 	Daniels, Eddy
Sent:	Saturday, October 13, 2001 6:00 PM
To:	Powell, Laine; Guidry, John
Cc:	Gordon Grimes; John Montgomery; Blaine, Michelle
Subject:	RE: GT11 Incident Discussions at Cuiaba 9 & 10 Oct 01

They have no right to refuse to pay legal costs -- especially for the Brazilian & US counsel used to paper the deal with Siemens.  Much of Gordon and Jack's work can be characterized as necessary to analyze Siemens claims in connection with their bargaining position.  Certainly Cliffs work on the agreements shoudl eb covered.

If they promptly pay the big claims, we may not want to push this.  But we shouldn't give it up just yet.

 -----Original Message-----
From: 	Powell, Laine
Sent:	Saturday, October 13, 2001 6:42 AM
To:	Guidry, John
Cc:	Gordon Grimes; John Montgomery; Blaine, Michelle; Daniels, Eddy
Subject:	RE: GT11 Incident Discussions at Cuiaba 9 & 10 Oct 01

Folks -

	Further to John's comments Stuart's body language and general comments left no doubt that he would not agree to pay for legal costs outside of the very narrow range described below.  In fact he once again questioned why we had engaged counsel at all.  Let's not kid ourselves - getting insurance to pay for legal costs is like having a 50 foot putt on a green at Augusta.

rgds

Laine

From:	John Guidry/ENRON@enronXgate on 10/11/2001 04:56 PM CDT
To:	Gordon Grimes <ggrimes@mainelaw.com>@SMTP@enronXgate
cc:	John Montgomery <jmontgomery@bernsteinshur.com>@SMTP@enronXgate, Michelle Blaine/ENRON@enronXgate, Eddy Daniels/ENRON@enronXgate, Laine A Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject:	RE: GT11 Incident Discussions at Cuiaba 9 & 10 Oct 01

Gordon,

Stuart did not elaborate on the legal support issue, other than to say that any work would have to be preapproved by him and that the only possible role that he could see would be related to subrogation issues.  He seemed leary of outside attorney involvement and questioned why we might want lawyers involved in the claim (other than the administrative issues related to agreement preparation).

During our discussions, he did state that the underwriters would settle the claim with us and that they would figure out how to deal with Siemens.

I have never read the policy (nor do I intend to), but Stuart is working toward getting advanced payments for us. The underwriters in London seem to be cooperating on this issue. For the amount that we are looking at, $21 MM, the underwriters would have to get their board approval.  If they agree to do advanced payments (and we hope that they do), it does not matter what the policy says on this issue. He was, however, pleased to hear that we were looking at an interim financing structure with an Enron company paying. He said that this approach would make it easier to get the funds approved with the underwriters (no board approval required).

John

-----Original Message-----
From: Gordon Grimes [mailto:ggrimes@mainelaw.com]
Sent: Thursday, October 11, 2001 8:07 AM
To: Guidry, John
Cc: John Montgomery; Blaine, Michelle
Subject: RE: GT11 Incident Discussions at Cuiaba 9 & 10 Oct 01

John- This looks like great progress.  Two questions.  There is some mention
of legal fees being limited to "subrogation" issues.  Can you elaborate?
What are such issues? We know what subrogation is.  Does this mean work to
preserve the subrogation position of the insurer is allowed?  If Siemens is
named as an additional insured, insurers would have no such rights.  This,
of course, would depend on their reading of the cover- i.e. if they might
say that this had nothing to do with gas commissioning.  We, of course, are
supposed to have covered Siemens with a "maintenance cover" which would have
protected them for design defects etc.  Need to figure out what Stuart is
getting at.

We had understood that any work done to facilitate the repair would also be
covered, such as work on the Change Order, Parts Agreement, etc..  We are
about to send out our bill and would like to do two separate bills- one
which would cover things which the insurer might reimburse, and one which is
clearly advice to you on issues like the PPA, etc. Let us know ASAP so we
can work up something.

Second, there is discussion of "advance payment".  Jim Studdert's recent
e-mail said that this policy is an "indemnity" policy which he describes as
a "pay if paid" approach.    That is, EPE would have to have spent the money
already in order to get paid by insurers, rather than be paid against an
estimate of cost, or against a PO being issued. That is in fact how most of
the language is phrased, but there are provisions which could be read the
other way too. Did Stuart get into that issue?

Thanks   Gordon

THIS EMAIL MESSAGE MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL
OR EXEMPT FROM DISCLOSURE UNDER APPLICABLE LAW. ALL RECIPIENTS ARE NOTIFIED
THAT IF THIS MESSAGE COMES TO YOUR ATTENTION BY MISTAKE, ANY DISSEMINATION,
USE, OR COPYING OF THE INFORMATION IS PROHIBITED. IF YOU RECEIVE THIS
MESSAGE IN ERROR, PLEASE NOTIFY THE SENDER AT ONCE.

-----Original Message-----
From: John.Guidry.enronXgate@enron.com
[mailto:John.Guidry.enronXgate@enron.com]
Sent: Wednesday, October 10, 2001 7:06 PM
To: sstromeyer@mtnai.com
Cc: Laine.A.Powell@enron.com; Roberto.Daniels@enron.com;
James.P.Studdert.enronXgate@enron.com
Subject: GT11 Incident Discussions at Cuiaba 9 & 10 Oct 01

Stuart,

I would like to take this opportunity to summarize the discussions that we
have had over the last two days in Cuiaba.

Payment of Insurance Proceeds
?    Payments from the London underwriters will flow to the IRB
?  Payments made by the IRB to EPE direct will be in Reais; the claim is
   dollar based and will be converted from dollars to reais at the exchange
   rate at the time of payment [S. Stromeyer to determine if IRB can pay
   directly to EPE in dollars]
?  Payments can be made to third parties outside of Brazil in dollars at
   EPE's direction [S. Stromeyer to check with IRB to determine if this is
   accepted by Central Bank]

Siemens Meeting Last Week in Erlangen
   Root Cause
?    To prevent coking problems from occurring in the fuel nozzles, Siemens
increased the volume of purge water used to purge fuel oil from the burner
fuel lines following a trip from premix.
   ? The increased volume of purge water resulted in quenching of Row 3
     blades.
   ? The quenching produced high thermo-mechanical forces on the blades
     which produced cracks.
   ? One of the blade cracks eventually resulted in a blade failure.
   ? A meeting is scheduled for 30 October in London for Siemens to explain
     their conclusions on root cause.
   Commercial Issues
?    Parts will be purchased in accordance with the Spare Parts Agreement
(SPA) with the following significant exceptions:
?    A 30% expediting fee will be paid on turbine blades and vanes
     ?  Prices are FOB port of export with Siemens listed prices
     ?  The SPA 20% discount will not apply
     ?  Payment must be made prior to shipment
?    There will be two services agreements:
?    1) between EPE and Siemens Ltda for Brazilian sourced services, paid
in Reais at the rates in Siemens Price List 1725 (provided to you in
Cuiaba), converted to Reais using 2.7315 Real/US$ and
     ?  2) between EPE and Siemens AG for non-Brazilian sourced services,
        paid in US$.
     ?  These agreements will incorporate terms from the Siemens Selling
        Policies / Price Lists and the EPC Contract.
     ?  Late payments will incur interest at 14%

Advanced Payment
?    Property damage coverage advanced payments could be made at 100% of
estimated value
?  Advanced payment will not be made against BI coverage
?  Typical total time for advanced payment is about 30 days
?  Once IRB receives funds from London underwriters, typical payment time
   is about 5 or so days
?  Munich Re will require a Board Meeting to approve an advanced payment of
   the size being discussed.
?  If the parts costs are financed by third party, it will be quicker to
   get Munich Re payment. Could know funding date by 22 October

BI
?    London underwriters pay on lost revenue
?  IRB traditionally pays on turnover or lost net profit. S. Stromeyer and
   Crowford-Resin personnel will discuss with IRB to try to convince them
   to pay on lost revenues. A meeting is scheduled for 5 November.
?  IRB will not likely allow direct payment to third parties outside of
   Brazil.
?  A meeting is scheduled in Houston on Tuesday, 16 October to discuss BI
   estimate

Property Damage
?    Duties and taxes are included in coverage
?  FX transaction costs are not included in coverage
?  Legal and engineering support are covered only with prior approval of
   appropriate justification. Approval of legal is usually limited to
   subrogation issues.
?  A rough estimate of insurable costs was provided by EPE and discussed
   (the estimate was qualified by footnotes and by the discussion). The
   purpose of this estimate was to provide information to obtain advanced
   payment.  Total insurance portion of parts, expediting fee, repairs,
   services, taxes and less deductible was $23.3 MM. Total EPE portion was
   $6.3 MM. As discussed, it is possible that the insurable portion may
   increase pending analysis of additional components. We agreed that the
   amount to be used for advanced payment consideration for parts is $21.1
   MM (Parts Total less Repairs less Deductible).

Documentation
?    The following documents were provided to S. Stromeyer:
?    From Siemens:
?    SI/EE-2234, dated 08/30/01
     ?  SI/EE-2235, dated 09/03/01
     ?  SI/EE-2236, dated 09/05/01
     ?  SI/EE-2237, dated 09/05/01
     ?  SI/EE-2238, dated 09/11/01
     ?  SI/EE-2240, dated 09/19/01
     ?  SI/EE-2241, dated 09/21/01
     ?  SI/EE-2242, dated 09/25/01
     ?  SI/EE-2243, dated 09/25/01
     ?  SI/EE-2245, dated 09/28/01
     ?  SI/EE-2246, dated 10/02/01
?    From J. Guidry to Siemens:
?    09/07/01
     ?  09/10/01
     ?  09/19/01
     ?  09/23/01
     ?  09/26/01
?    Purchase Order from EPE to Siemens 09/13/01
   ? Letter from Dan Shultz to G. Hartmann  09/21/01

We are moving forward with preparations for returning GT11 to service,
based on these discussions. If you have any comments on this summary, let
me know as soon as possible.

Regards,

John


stan, i have been out of the office with no access to
e-mail, thus my failure to respond for which i
apologize.  i had previously told louie that i thought
15 mil plus 2 mil per year (which i suspected they
were looking for) exceeded my view of the settlement
value of  the controversy--which, i suppose, comes as
no surprise. i do believe that if we settle, we should
cover our expansions during the term. jim
--- Stanley.Horton@enron.com wrote:
>
> REVISED COUNTER:   $15 million up front and $2.0
> million per year fixed
> payment (no CPI adjustment) and Standing Rock
> right-of-way.
>
> What does everyone think?
>
> Stan
>
>
>
>
>
> Steven Harris
> 07/18/2000 03:49 PM
>
> To:   Stanley Horton/Corp/Enron@Enron
> cc:   Louis Soldano/ET&S/Enron@ENRON, Michael
> Moran/ET&S/Enron@ENRON, James
>       Derrick/Corp/Enron@ENRON,
> laruzow@concentric.net,
>       jw1000mac@yahoo.com, lslade@modrall.com,
> Johnny
>       McGee/OTS/Enron@ENRON, lsoldano@wt.net
>
> Subject:  Re: Navajo Offer  (Document link: Stanley
> Horton)
>
> I agree 100%. That would be my position as well.
>
>      Steve
>
>
>
> Stanley Horton
> 07/18/2000 02:56 PM
>
> Sent by:  Cindy Stark
>
>
> To:   Louis Soldano/ET&S/Enron@ENRON
> cc:   Michael Moran/ET&S/Enron@ENRON, James
> Derrick/Corp/Enron@ENRON,
>       laruzow@concentric.net, jw1000mac@yahoo.com,
> lslade@modrall.com,
>       Johnny McGee/OTS/Enron@ENRON, Steven
> Harris/ET&S/Enron@ENRON,
>       lsoldano@wt.net
>
> Subject:  Re: Navajo Offer  (Document link: Steven
> Harris)
>
> Counter:   $15 million up front and $2.0 million per
> year fixed payment (no
> CPI adjustment).     What do you think?
>
> Stan
>
>
>
> 07/14/2000 06:32 PM
> Louis Soldano
> Louis Soldano
> Louis Soldano
> 07/14/2000 06:32 PM
> 07/14/2000 06:32 PM
>
> To:   Michael Moran/ET&S/Enron@ENRON, Stanley
> Horton/Corp/Enron@Enron,
>       James Derrick/Corp/Enron@ENRON,
> laruzow@concentric.net,
>       jw1000mac@yahoo.com, lslade@modrall.com,
> Johnny
>       McGee/OTS/Enron@ENRON, Steven
> Harris/ET&S/Enron@ENRON
> cc:   lsoldano@wt.net
>
> Subject:  Navajo Offer
>
> McGee spoke with Zaman this afternoon.  Zaman
> relayed an informal counter
> proposal to Transwestern's offer of earlier this
> week.  Zaman (and Das and
> Trujillo) would recommend to the Task Force a
> settlement of $15 million up
> front with a $2.5 million per year payment for each
> of the renewal years.
> The $2.5 million figure would be escalated by the
> CPI index.
>
>
>
>
>
>
>
>
>

__________________________________________________
Do You Yahoo!?
Get Yahoo! Mail ) Free email you can access from anywhere!
http://mail.yahoo.com/


It is the "and any other offices where we might have trading affiliates"
portion of your message that still has me concerned.  I can send the message
to all ENA and, if we don't have one already, have HR provide a list of
employees in the other cities you listed.  However, I don't know the answer
to the any other offices.  Do you want to send it to every employee
worldwide?

Sorry to be difficult but I still don't have a good idea of your desired
audience.

Erika

From: Tana Jones@ECT on 06/19/2000 02:44 PM
To: Enron Messaging Administration@ENRON
cc:

Subject: Re: Company Wide Email

I do not have an individual list.  It will have to got to all the employees
in the cities, and or countries where we have trading offices, which is
pretty much the list I had below.

	Enron Messaging Administration@ENRON
	Sent by: Erika Vaughan@ENRON
	06/19/2000 02:24 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: Company Wide Email

Tana,

We have a recent group with all of ENA.  However, we do not have anything set
up for trading affiliate offices or a way to determine that information.
Please provide any names/addresses that are needed other than the ENA.

If you do give me names that are not already in a Notes address format, I
will need you to provide them in an Excel spreadsheet with First Name, Last
name, Social Security number and department to help resolve conflicts.

Please contact me if you have any questions.

Erika

From: Tana Jones@ECT on 06/19/2000 01:42 PM
To: Enron Messaging Administration/Corp/Enron@Enron
cc:

Subject: Company Wide Email

I need to send out the attached memo ASAP to all employees of Enron North
America and its trading affiliate offices.  This includes Houston, Calgary,
London, Denver, New York, Oslo, Singapore, Portland, Australia, Buenos Aires,
and any other offices where we might have trading affiliates.  Can someone
with your team get back to me ASAP so we can be clear about who we send this
to.  Thanks!


---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/16/2001
12:03 PM ---------------------------

	Enron North America Corp.

	From:  Darron C Giron                           02/16/2001 11:51 AM

To: Kevin Bosse/HOU/ECT@ECT, Kyle R Lilly/HOU/ECT@ECT, Phillip M
Love/HOU/ECT@ECT, Patrick Ryder/NA/Enron@Enron, Ryan
O'Rourke/ENRON@enronXgate, kristi.giron@cfisd.net, hollyw@email.msn.com, Dawn
C Kenne/HOU/ECT@ECT, smmayers@earthlink.net, cgiron@mindspring.com,
kwpope@pdq.net, Jason Wolfe/NA/Enron@ENRON
cc:
Subject: Navy

---------------------- Forwarded by Darron C Giron/HOU/ECT on 02/16/2001
11:48 AM ---------------------------

"Brent Wallace" <bwallace@zahrsecurities.com> on 02/16/2001 11:31:27 AM
Please respond to <bwallace@zahrsecurities.com>
To: "Chris Cooper \(E-mail\)" <chris@savatech.com>, "Darron. C. Giron
\(E-mail\)" <Darron.C.Giron@enron.com>, <LVela@aol.com>,
<melinda@federalflange.com>, <doug@cont-casing.com>, <greg@amveco.com>
cc: <dinoscar@mail.swbell.net>
Subject: Navy

 - 15call.jpg


Yes. I was thinking local. We need to talk with Maryann Long.

He will almost certainly work with Fallon and Hannon at EBS. He is the one
looking to move and the position as I understand it has no timeframe (2 years
plus). My recommendation is no FSP, Housing, Education or Equalisation. Renew
his contract (expires shortly if I recall correctly) and pay him some money
up front in cash/options to cover housing and education for first 2 years
plus standard relo/house sale.

David

Tara Rozen
04/17/2000 08:30 AM
To: David Oxley/HOU/ECT@ECT
cc: Jane Allen/HOU/ECT@ECT
Subject: B Pearce

David

Barry just left me an urgent message for me to call him back to discuss his
move to Houston. He said that he spoke with you about a package but you were
"vague" and he wanted more concrete details. There must have been a reason
you were vague!! Were you thinking local deal? He definitely mentioned "expat
terms" in the voicemail over 20 times so that is not his idea.

Any idea of why this move is taking place? He wants to bring UK people over
with him as well so definitely want to send the right message.

Thanks
Tara


Cigar Night at the Club

It's not too late to take advantage of this rare opportunity to meet Avo

A few places and a few cigars remain

Meet and smoke with Avo Uvezian who has prepared a special vertical tasting and discussion of three of his most famous cigars.

Taste rare & fine single malt Scotch

Balvenie 21 year old, aged in port wood
Bowmore 17 year old
Bowmore Darkest
Glenlivet French Oak Finish
Aberlour a'Bunadh (very rare)

Sip rare Scotch, smoke fine cigars and listen to the wisdom of Avo.

Also here to answer your questions:

Mr. Sam Russell, Director of Marketing and Product Development, Davidoff USA
Mr. Kris Miller, Territory Manager for Davidoff USA
and
Mr. Jeffrey Stone, Davidoff Appointed Merchant

Tuesday, October 23, 2001
6-7:30 PM
$40 Per Person

713 659-2426
reservations@coronadoclub.com


----- Forwarded by Brian Hoskins/Enron Communications on 12/04/00 09:20 AM
-----

	nina_bianchi@hotmail.com
	12/02/00 09:27 PM

		 To: afox@wulfe.com, artritchey@juno.com, bevfb@aol.com, Brian Hoskins/Enron
Communications@Enron Communications, jazz5206@hotmail.com,
Courtland.Loeffler@marchfirst.com, mbianchi33@hotmail.com, efox4@hotmail.com,
geohipp@yahoo.com, GLucke1@aol.com, harold.vance@islandpeak.com,
Ivania.Dobles@bglobal.com, JClay79566@aol.com, jgiardina@honiron.com,
jhutton@rice.edu, jmurnick@related.com, jsmrz@lucent.com,
kharvin@neosoft.com, lindsaydunlop@hotmail.com, leahmariethomas@hotmail.com,
smith_megin@hotmail.com, revans@neosoft.com, rebeccawarriner@hotmail.com,
Stephen.Plauche@enron.com, ecredd@spacecitysports.com,
sstevelm@law.harvard.edu, tbranum@aol.com, vdcruz@lockeliddell.com,
Victoria_Windham@dell.com
		 cc:
		 Subject: More Florida Jokes...

They made me laugh...but can anyone explain the "butterflies" one?

FLORIDA BUMPER STICKERS!!

    I ARE ILLETERATE AND I VOTE

    FLORIDA; WHERE YOUR VOTE COUNTS AND
    COUNTS AND COUNTS AND COUNTS.........

    IF YOU CAN READ THIS,
    YOU MUST BE A REPUBLICAN

    HONK IF YOU LOVE BUCHANAN ----
    WAIT ---- NO ---- I MEAN GORE

    FLORIDA, WE HAVE TO ASK OURSELVES:
    IS OUR VOTERS LEARNING?

    FLORIDA HAPPENS

    MY GRANDCHILD IS AN HONOR STUDENT
    AT THE ELECTORAL COLLEGE

    VOTE FOR GORE: AT LEAST THREE TIMES

    I HATE BUTTERFLIES

    SORE/LOSERMAN FOR PRESIDENT

    FLORIDA: WHY WE NEED BUSH'S EDUCATION PLAN

    EYE GRADIATED FRUM PAUM BEECH ELEMENTREE

    DON'T BLAME ME! I VOTED FOR GORE TWICE

    THANK ME! I MEANT TO VOTE FOR GORE

    HOOK'D ON FONIKS WERKED FER ME

    I'VE FALLEN AND CAN'T REACH MY CHAD

______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com


Walter,
 Let's try the above redline out with Gibson.


To: Mike Terraso

cc: Jeff Keeler
 Steve Kean
Linda Robertson
 Catherine McKalip-Thompson

From:   Lisa Jacobson

Re: White House Climate Change Task Force

Date:   April 16, 2001

Per your request, here is some preliminary information on the
Administration's climate change task force.  First, there is a White House
climate change task force and it has met at least twice already.  It is
coordinated by the Domestic Policy Council and the National Economic
Council.  Emphasis during the first meetings has been on procedure, education
and review of the key issues.

The task force facilitates the Administration,s ongoing "cabinet level
review" on climate change policy.  They are aiming for as high a level of
participation as possible, but acting and deputy assistant secretaries have
also been attending.  White House staff is being very tight-lipped about the
task force discussions due to political sensitivities and fears of media
leaks.

The task force will solicit input from outside stakeholders (scientists,
industry and environmental groups), but as I understand it, participation on
the task force is limited to government officials.

The task force is set to meet frequently - possibly weekly - over the next
six weeks.  I have heard different descriptions of its objectives.  Some have
said its goal is to develop broad principles, procedures and a strategy in
preparation for the resumed international negotiations in Bonn, Germany this
July (COP-6 II).  Others suggest that the White House intends to release a
specific proposal on climate change, with domestic and international
components, as early as next month.

On the domestic front, Enron has been providing input to the Administration
on our creative ideas for a multi-pollutant air emissions strategy for the
power generation sector.  We have been invited to provide input on
international proposals, with a preferred timeline of this week.

At this stage, each task force meeting is dedicated to covering a different
topic (i.e., science, economic impacts, role of technology, etc.).  The
meetings tend to have an educational angle, as many participants are not
familiar with these specific and technical issues.  The task force has likely
not yet delved into analysis of the market-based mechanisms (emissions
trading or project-based options to reduce greenhouse gas emissions) or other
issues related to the United Nations Framework Convention on Climate
Change/Kyoto Protocol negotiations.

Enron has an excellent relationship with John Howard, the task force
coordinator from the Domestic Policy Council.  Jeff and I plan to meet with
Bob McNally, the National Economic Council coordinator, tomorrow.

Jeff and I also would like to talk with you about strategy and
recommendations for the White House on international proposals.  It would be
valuable for Enron to weigh in supporting:

? Action to reduce greenhouse gas emissions even in the absence of scientific
certainty on climate change
? Continued U.S. engagement in international efforts to reduce greenhouse gas
emissions
? Flexibility for industry to meet emission reduction goals
? Market-based approaches to reduce greenhouse gas emissions - like emissions
trading - that allow reductions to occur at lower costs to consumers,
governments and businesses
? Cooperation with developing countries to ensure their participation in any
treaty to reduce greenhouse gas emissions - however, developed countries
should be encouraged to take action now and work towards solutions

These bullets are consistent with Enron,s current position statement.

I will work to confirm whether the task force has non-government members and
how industry and, more specifically, Ken Lay and Enron could participate and
provide input.

Please let me know if you have any questions.

Lisa Jacobson
Enron
Manager, Environmental Strategies
1775 Eye Street, NW
Suite 800
Washington, DC 20006

Phone: +(202) 466-9176
Fax: +(202) 331-4717


Bob:  here we go again.


Attendees:  Delainey & Belden via telephone; Lavorato, Dietrich, Kean, Steffes, Shapiro, Black, Lewis, Leff, Haedicke, Sanders, Williams, Sharp, Frazier & Keeney


Hi Greg!

Here is the information regarding the Dec 13th event at Wharton.  Wharton is
beside itself with excitement at your acceptance, and communicated that with
Jeff Skilling at his visit there this past Thursday.

They're also very interested in discussing their WeBI program with you and
would like to arrange to do that the day of your evening presentation, or
perhaps the following day, whichever suits your schedule.  This was also
discussed with Jeff Skilling--he is clearly interested in the program, but
will be especially looking to your input, along with that of Vince Kaminski,
Jeff Shankman and me, in determining Enron's decision to participate.  As I
mentioned previously, Vince, Jeff and I think Enron's involcvement with WeBI
holds very positive potential. Financially, it involves a contribution of
$250,000 for 4 years.

Please see the request for your "Bio" and desired inclusion of program
materials, as well as the contact at Wharton, toward the end of the message
below.

Let me know by eMail or voice mail (3-6117) how University Affairs can
further these efforts.

Thanks!

--Christie.

---------------------- Forwarded by Christie Patrick/HOU/ECT on 11/04/2000
10:20 AM ---------------------------

"Baltes, Michael" <baltes@wharton.upenn.edu> on 11/02/2000 12:29:05 PM
To: "'christie_patrick@enron.com'" <christie_patrick@enron.com>
cc: "Piazze, Thomas" <piazzet@wharton.upenn.edu>, "Spigonardo, Joanne"
<spigonaj@wharton.upenn.edu>
Subject: Wharton program for business journalists

Christie,

We are delighted that Greg Whalley, CEO of Enron Bandwidth Business, has
agreed to be our featured dinner speaker at the upcoming Wharton Seminars for
Business Journalists on Wednesday, December 13, 2000.

Per instructions from Tom Piazze, I've attached some information regarding
our Seminars for Business Journalists, now in its 32nd year
http://www.wharton.upenn.edu/media/journalists/. As I'd mentioned in our
conversation a few weeks ago, we have a leader from business or government
speak each year at our Sponsor's Dinner, which is attended by all of the
business journalists (about 50) and representatives from our corporate
sponsors (lists attached below). Our last 3 speakers were Mark Walsh,
chairman of Vertical Net; Jason Olim, CEO of CDNow; and Tom Siebel, CEO of
Siebel Systems.

About 80-90 people are expected to attend this year's event. Cocktails,
dinner and Mr. Whalley's presentation will be held on Wednesday, Dec. 13,
from 6:00 to 9 p.m. in Wharton's Steinberg Conference Center, 38th & Spruce
Streets, on the University of Pennsylvania campus.

As Tom may have mentioned, this audience likes to hear about interesting
industry trends, or something companies are doing that is leading edge, and
hasn't really hit the mainstream. Past experience has shown that "canned"
corporate presentations do not go over so well with this group. However, you
are certainly welcome to provide literature to the audience or other
materials that may be appropriate. I would like to have a conversation with
you about your thoughts on a specific topic as we get closer to the event.

In the meantime, we would like to have Mr. Whalley's bio and any other
information you'd like us to include in the course materials for the
journalists. Please try to keep this to about 2-3 pages, given all of the
other material they'll have in their binders.

You may contact me or my colleague, Joanne Spigonardo, with any questions.
Joanne is handling the logistics for the event, so please direct those types
of questions directly to her. She's at 215573-8599.

Thanks again, and I hope you can join us on the 13th.

Best regards,

Mike

 <<PUB&NAMELISTBJS200.doc>>    <<final sponsor list.doc>>

 - PUB&NAMELISTBJS200.doc
 - final sponsor list.doc


Kam,

I only have the notes that I took while Chance was training me. They are detailed as well, but I don't have them in Excel. Chance probably has his Excel copy - I'm not sure if that's the same that Chuck made.

Biliana

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Thursday, January 03, 2002 1:58 PM
To:	Pehlivanova, Biliana
Subject:	morning procedures

Biliana,

Do you have a copy of the detailed procedures that Chuck prepared for the morning reports?  I am looking for a copy in excel if you have them.

KK


-----Original Message-----
From: 	"Mark M Lorenz" <mmlorenz@cmsenergy.com>@ENRON
Sent:	Thursday, November 29, 2001 12:33 PM
To:	mlorenz@enron.com
Subject:	Enron Resumes

----- Forwarded by Mark M Lorenz/MST/CMS on 11/29/2001 12:33 PM -----

                    Alyce B Hoge
                                         To:     All Houston MS&T Users
                    11/29/2001           cc:
                    12:31 PM             Fax to:
                                         Subject:     Enron Resumes

We are currently receiving a number of resumes from Enron.  These resumes
are very welcome as we have a number of positions we are trying to fill.
If you know anyone from Enron who is currently seeking employment, please
have them forward their resume via e-mail to ahoge@cmsenergy.com and state
what type of position they'd be interested in.  This will enable us to sort
through the e-mails most efficiently.  If you know any good potential
candidates from Enron, please get the word out that we are looking to fill
a number of positions and encourage them to send their resumes.  Remember,
anyone you forward should be someone you would be willing to recommend as a
"good hire" to the company.  Thanks, -Alyce


This is just an early warning incase you get calls from business unit managers complaining about insurance premiums going up in the budget process. The intial estimates had been agreed last month and now we have to reopen the process to account for the WTC attack impact on the insurance markets. If you have any questions or if internal issues come to your attention, please contact me or Jim Bouillion. Per

 -----Original Message-----
From: 	Clayton, Paul
Sent:	Thursday, September 20, 2001 8:55 AM
To:	Copeland, Erin; Coates, Kim; Smith, Jeff E.; Cockrell, Rainier; Ekin, Nicky; Roper, Kerry; Hayslett, Rod; Geaccone, Tracy; Keiser, John; Tran, Agatha; Killen, Faith; Lee, Dana; Massey, Rachel; Barrett, Carolyn; Sughrue, Jill; Akhave, Billie; Yamada, Terry; Parrish, Paul E.
Cc:	Bouillion, James L.; Derr, Dawn; Sekse, Per
Subject:	2002 Insurance Budget - RC 100226
Importance:	High

Last week's catastrophic event in New York and Washington D.C. has produced losses precipitating a further "hardening" of the worldwide insurance market resulting in higher rates, larger deductibles and retentions and more restrictive terms and conditions. The greatest impact has been to the property insurers with loss estimates in the billions. Liability insurers have seen a lesser impact in projected losses but rates are also expected to rise.

Our initial budget assumptions could not foresee this event. After consultation with our insurance market resources, we have deemed it necessary to increase our premium projections by an additional $9million for Property and $3million for Excess Liability. Enron's Worker's Compensation, Auto Liability, and General Liability are insulated from market fluctuations due to the use of our captive to fund these exposures.

Our budget only contemplates actual premiums. In the event the property deductible increases beyond the capabilities of the business units, we may be required to arrange a funding or other mechanism to manage the deductible. We are prepared to discuss this with you on an individual basis.

You will be receiving a revised budget from Corporate Financial Planning incorporating these increases.

Please review and give me a call at x37904 should you wish to discuss further.

Regards,


Mike:
Could you please leave me a quick e-mail letting me know where things stand
with respect to your review of the comments that I faxed to you as my credit
people have been asking about it?  Thanks.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


Start Date: 5/1/01; HourAhead hour: 8;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

ERROR: File O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001050108.txt is empty.
PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001050108.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 5/1/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_PV
  ENGY_TYPE: NFRM


FYI:  more O&M gymnastics, but so far no impact on law.  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 10/12/2000
12:43 PM ---------------------------

	Elaine Concklin
	10/11/2000 07:13 PM

To: Danny McCarty/ET&S/Enron@Enron, Dave Neubauer/ET&S/Enron@ENRON, Steven
Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Kent
Miller/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Steve
Gilbert/ET&S/Enron@ENRON, Julia White/ET&S/Enron@ENRON, Steve
Hotte/Corp/Enron@ENRON, Phil Lowry/OTS/Enron@ENRON, Rod
Hayslett/FGT/Enron@ENRON, Louis Soldano/ET&S/Enron@ENRON, Michel
Nelson/ET&S/Enron@ENRON
cc: Tracy Geaccone/GPGFIN/Enron@ENRON, Vera Apodaca/ET&S/Enron@ENRON, Sophie
Patel/ET&S/Enron@ENRON

Subject: Proposed Revisions to 2001 Plan O&M

In order to reduce net O&M by $7.9MM on NNG and $3.8MM on TW, I propose the
following additions to overhead.  Per Rod, we will leave Gross O&M where it
is and increase the overhead allocations.  These dollars will be added to the
Capital Budget via an increased overhead rate.  Once finalized, I will
calculate the new overhead rate and send it to you so we can add these
dollars to the construction projects.

Please review this proposal and let me know by Friday if we need to make
adjustments.  There is still a hole of $1.2MM on TW that we need to fill in
order to cover the Environmental Remediation/PCB costs without reducing them.

NORTHERN NATURAL GAS:
Direct:
0.5   -   Marketing (brings net flat to 3CE)
2.7   -   Operations (brings net flat to 3CE)
2.0   -   IT (brings captalized portion of total IT back up to 3CE levels)
5.2   -   Total Direct

1.6   -   ETS Operations (brings captalized portion back up to 3CE levels @
35%)
0.3   -   ETS Executive (5%)
0.5   -   ETS IT (brings captalized portion of total IT back up to 3CE levels)
0.3   -   Corporate Direct (4%)
2.7   -   Total ETS/Corporate

7.9   -   Total Decrease in Net O&M / Increase in Overhead

TRANSWESTERN:
Direct:
   ?   -   Marketing (already below 3CE)
1.2   -   Operations (brings net flat to 3CE)
1.2   -   ??? (Operations?? - need to cover increased PG&E PCB of 1.0 & Env.
Rem. of 1.4)
0.8   -   IT (brings captalized portion back up to 3CE levels)
3.2   -   Total Direct

0.3   -   ETS Operations (35%)
0.1   -   ETS Executive (5%)
0.1   -   ETS IT (20%)
0.1   -   Corporate Direct (5%)
0.6   -   Total ETS/Corporate

3.8   -   Total Decrease in Net O&M / Increase in Overhead

Thanks,  Elaine


Attached please find the interview packet for the above-referenced person.
The interview will happen Friday August 4, 2000.  Please print all three
documents for your hard copies.  If you have any questions, or conflicts of
schedule, please do not hesitate to contact me.

Sean Grady
58701


Susan, I spoke this morning with Nancy Manderson (outside counsel for our
crime policy insurer).  She has accepted my changes to the Assignment and
Release, and she will be forwarding an original of the Assignment and Release
to EOTT for execution.  She said we will have our check for $2,503,000.00
next week!  The check will be delivered to Phillip Bair with our insurance
broker.

We also had a long conversation about the insurer's claim against Gas
Producers.  I shared with Nancy some of the research we have done on the
conversion claim against Gas Producers.  I assured her that EOTT would fully
cooperate if the insurer did pursue the claim against Gas Producers.  I
gathered from her comments, however, that the insurer is concerned that Gas
Producers may not have sufficient assets to satisfy anything but a small
judgment.  I do not know whether the insurer has actually conducted a
"financial investigation" of Gas Producers.


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

Kay

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

Subject: RE: GE Turbines

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

The group's thoughts on this would be appreciated.

Thanks.

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

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

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

All:

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

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

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

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

Regards,

Ben

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

Ben:

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

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

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

Michael

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


CONFIDENTIAL DRAFT NOT FOR RELEASE
---------------------- Forwarded by Alan Comnes/PDX/ECT on 03/21/2001 02:02
PM ---------------------------

	From:  Tim Belden                           03/20/2001 12:01 PM

To: Richard B Sanders/HOU/ECT@ECT, gfergus@brobeck.com, James D
Steffes/NA/Enron@Enron, Alan Comnes/PDX/ECT@ECT, Karen
Denne/Corp/Enron@ENRON, Tim Heizenrader/PDX/ECT@ECT
cc: Debra Davidson/PDX/ECT@ECT

Subject: California Conference in Santa Fe

As you know, I plan to speak at a conference in Santa Fe on Monday.  I have
adjusted the program so that I am no longer a "witness" who will be
cross-examined.  That is, Michael Shames will not have an opportunity to ask
me a series of uninterrupted questions.  I have also crafted a presentation
that lays out a bunch of facts and introduces a theory for pricing storable
commodities.  I think that my analysis highlights the major shortcomings for
the Kahn/Joskow paper and the approach employed by the Department of Market
Analysis.  My presentation has nothing to do with Enron.  I can defer any
questions about generators to Gary Ackerman.  I can politely dismiss
questions about Enron, its trading activities, or profitability.  I still
could use some help on the just and reasonable price questions.  Attached
below are the draft power point slides that I will use in the presentation as
well as a word document with a draft script of the speech.  Please review and
let me know your thoughts.  I will have my assistant, Debra Davidson, set up
a call in the next couple of days to discuss.


The following expense report is ready for approval:

Employee Name: Elizabeth Sager
Status last changed by:  Automated Administrator
Expense Report Name: 5/16/2001 Expense
Report Total: $1,743.57
Amount Due Employee: $1,743.57

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


-----Original Message-----
From: Link, Pete
Sent: Thursday, September 27, 2001 10:41 AM
To: 'thepetelink@yahoo.com'
Cc: Chris Case (E-mail); Haba (E-mail)
Subject: 29th Annual Houston Moonlight Bicycle Ramble

Please forward this to every cyclist and every team that you know and encourage them to register for this ride:

2001 Moonlight Bicycle Ramble - Oct 28th, 2AM

This is a very important ride and supports our own Houston Area Bicyclist Alliance which is an organization that is working to make Houston a better place for cycling.  For more info please see their website at:    <http://www.bikehouston.org>

I am enlosing the Registration Form in PDF (Adobe Acrobat Reader Format).  File name is moonlight.pdf  If you have problems opening this file it is most probably due to not having Adobe Acrobat Reader installed on your computer - please choose one of the three steps that I outlined below:

1.  Go to <http://www.adobe.com/acrobat> and download Adobe Acrobat Reader - its free.
Here is the exact Link:  <http://www.adobe.com/products/acrobat/readstep2.html>

2.  There is a plain text registration form available on the Web Page at the following Link:
<http://www.bikehouston.org/ramble/ramble2001reg.html>

3.  I am including Screen Prints of the registration forms in .jpg format which any web browser will open; however, the only catch is that these do not print out so well .

P.S.:  All recepients were bcc

Thank you,

Pete Link, CCNP (aka Spoke)
Senior Specialist, Enron Network & Internet Security
plink@enron.com
713-345-8102 Office


FYI
----- Forwarded by Bernadette Hawkins/Corp/Enron on 02/02/2001 11:36 AM -----

	Joe Hartsoe
	02/02/2001 10:48 AM

		 To: Bernadette Hawkins/Corp/Enron@ENRON
		 cc:
		 Subject: FERC reports on Plant Closures in Callifornia and Northwest Prices
in Nov & Dec

B-dette -- Please forward to the Califorinia Group.  Thanks Joe
----- Forwarded by Joe Hartsoe/Corp/Enron on 02/02/2001 09:47 AM -----

	"Lynne Church" <LCHURCH@epsa.org>
	02/02/2001 09:46 AM

		 To: <rnaill@aesc.com>, <sryan@aesc.com>, <jmacias@calpine.com>,
<joer@calpine.com>, <petec@calpine.com>, <jmdonnell@duke-energy.com>,
<wfhall2@duke-energy.com>, <KERA@dynegy.com>, <swbe@dynegy.com>,
<jhartso@enron.com>, <rshapiro@enron.com>, <smutny@iepa.com>,
<Kent_Burton@Ogden-Energy.com>, <john_h_stout@reliantenergy.com>,
<cslesser@seiworldwide.com>, <jrminter@seiworldwide.com>,
<jtmiller@thermoecotek.com>, <Tim.Thuston@williams.com>, <gackerman@wptf.org>
		 cc:
		 Subject: FERC reports on Plant Closures in Callifornia and Northwest Prices
in Nov & Dec

Good News.  FERC issued three reports yesterday:  a Response of the Staff of
the FERC to Questions Posed at December 20, 2000 Western Governors
Association Denver Meeting; a Staff Report to the FERC on Northwest Power
Markets in Nov. and Dec. 2000; and a Report on Plant Outages in the State of
California.  All three reports can be downloaded from FERC's page on bulk
power markets, found at http://www.ferc.fed.us/electric/bulkpower.htm.

From a quick scan of the pricing and outage reports, the results are very
favorable.  FERC found no evidence that plants were down for other than
maintenance or emissions problems.  The pricing report found that prices in
the NW during the two months tracked the increased demand and supply
shortfall.


Here tis!
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/01/2001 12:21
PM ---------------------------

sandra delgado <sdelgado_vitoltvl@yahoo.com> on 01/30/2001 11:37:58 AM
To: KAY.MANN@ENRON.COM
cc:

Subject: 31JAN HOUSTON TO NEW YORK -- TICKETED

                                                   SALES AGT: JH/X8WEHZ

                                          MANN/C KAY

  ENRON
  1400 SMITH
  HOUSTON TX 77002
  KAY MANN X57566

  DATE:  JAN 30 2001                   ENRON

SERVICE               DATE  FROM           TO             DEPART
ARRIVE

CONTINENTAL AIRLINES  31JAN HOUSTON TX     NEW YORK NY    940A    157P
CO 1966    A          WED   G.BUSH INTERCO LA GUARDIA
                            TERMINAL C     TERMINAL M
                            LUNCH                         NON STOP
                            RESERVATION CONFIRMED         3:17 DURATION
                  AIRCRAFT: BOEING 737-300

HOTEL                 31JAN OMNI BERKSHIRE PLACE
                      02FEB 21 EAST 52ND STREET AND MADISON AVE
                            NEW YORK, NY 10022
                            UNITED STATES OF AMERICA
                            TELEPHONE: 1-212 7535800
                            FAX: 1-212 7545018
                            CONFIRMATION: 1008660779
                            REFERENCE: A1KABC
                            SINGLE ROOM KING SIZE BED
                            RATE: ABC USD 287.00 PER NIGHT
                            GUARANTEE GIVEN
                            REQ KINGNS
              **24 HOUR CANCEL POLICY AT THE OMNI BERKSHIRE

CONTINENTAL AIRLINES  02FEB NEW YORK NY    HOUSTON TX     1152A   257P
CO 1961    A          FRI   LA GUARDIA     G.BUSH INTERCO
                            TERMINAL M     TERMINAL C
                            LUNCH                         NON STOP
                            RESERVATION CONFIRMED         4:05 DURATION
                  AIRCRAFT: BOEING 737-300

      AIR FARE 1888.36      TAX 150.14          TOTAL USD
2038.50

                                            AIR TOTAL USD
2038.50

                                        INVOICE TOTAL USD
2038.50

RESERVATION NUMBER(S)  CO/L9S2FX

TICKET:                                         CO/ETKT  0057024436937
CO  FREQUENT FLYER COHG770475
**CONTINENTAL RECORD LOCATOR: L9S2FX
***********************************************
THIS IS A TICKETLESS RESERVATION. PLEASE HAVE A
PICTURE ID AVAILABLE AT THE AIRPORT. THANK YOU
***********************************************
                  THANK YOU FOR CALLING VITOL TRAVEL

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


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 02/23/2001
01:26 PM ---------------------------

"Glover, Rusty" <rglover@halff.com> on 02/23/2001 12:46:11 PM
To: "JENNIFER (E-mail)" <JM.GLOVER@MERITENERGY.COM>, "KAK (E-mail)"
<kcameron@yahoo-inc.com>, "SHELLEY (E-mail)" <sacamero@jcpenney.com>, "DAREN
(E-mail)" <daren.j.farmer@enron.com>
cc:
Subject: FW: Contemporary Poetry

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

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

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

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

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

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

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

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

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

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

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

475 W. Blondy Jhune
Lucas, Texas? 75002

?
 - Paul Billingsly.vcf


Everyone,

Once again, there are a number of new viruses that have been released on the internet that are causing us to do frequent updates to our virus protection software.

We have an automated process to update our workstations with the latest virus protection updates.   However, there may be some machines that didn't get the update.  In order to prevent these viruses from infecting your machine, please assist by doing one of the following tasks.

1.  Logout of the network and log back in or
2.  Click on START>PROGRAMS>ACCESSORIES>Norton AntiVirus Corporate Edition and then click the Live Update button.  This will pop up a screen where you will have to click the "Next" button and then a "Finish" button.   (If you are an EES user, you will only be able to use option #1 as you use a different virus protection product.)

The proper version of the update pattern you need is:   (9/24/2001, version 30924p)

If you have questions or concerns, please direct them to your Resolution Center.

Enron Global Technology


Here's the answer to the tax and accounting questions.
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/06/2001 12:18
PM ---------------------------

Kay Mann
02/06/2001 07:57 AM
To: Carlos Sole/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, jkeffer@kslaw.com,
ccampbell@kslaw.com
cc:

Subject: PSEG

JD approved referral of this to Keffer et al.

Fred is anxious to get something to the counterparty - his preference is
yesterday.  I would think that a discussion with Fred about the deal might be
in order today, even if by phone.  What is your availability?  John/Carolyn,
have you had a chance to review the draft I sent you, and do you have any
notions about how to structure this deal?  Is the format ok?  Can we  make it
more seller friendly without being ridiculous?

When the initial draft is ready, it will need to go to Matt Gockerman (ENA
Tax) and Herman Manis (structuring accountant).

Ciao,

ckm


Notice Number:  01-65

February 20, 2001

TO:
ALL COMEX DIVISION MEMBERS

FROM:
M. Dawn Lowe
Vice President and Assistant Corporate Secretary

SUBJECT:
Proposed Amendment to COMEX Rule 4.47, &Position Limits8.

Attached please find a proposed amendment to COMEX Rule 4.47, &Position
Limits8 which would reduce the maximum number of futures contracts, options
on such futures contracts, or any combination thereof which any person may
own or control in the spot month of the Grade 1 Copper Futures Contract from
2500 to 1500.

The proposed amendment to COMEX Rule 4.47, &Position Limits8 affects a
&Special Matter8 under the terms of the COMEX By-Laws.  Accordingly, COMEX
Division Members have ten (10) days to submit a petition signed by owners of
at least 155 COMEX Division Memberships requesting a vote of the COMEX
Division Members to disapprove the amendments, pursuant to the procedures set
forth under COMEX By-Law 205(D).  If a petition is not received, or if the
amendment is not disapproved, it will be submitted to the Commodity Futures
Trading Commission (CFTC).

If you have any questions, please contact Dawn Lowe at 212-299-2370, Thomas
LaSala at 212-299-2897 or Albert J. Getz at 212-299-2608.

Proposed Rule Amendments
(## indicates additions: bracketing indicates deletions)

COMEX Rule 4.47, &Position Limits8

(b) Applicable Limits.  The maximum number of futures contracts, options on
such futures contracts, or any combination thereof (collectively referred to
as a "position8) which any person may own or control is as follows:

Commodity  Spot Month Limit*  Net Futures Equivalent Limit

Gold   3000    Subject to Position Accountability

Silver   1500    Subject to Position Accountability

Aluminum   350    Subject to Position Accountability

Copper          [ 2500] ##1500##  Subject to Position Accountability

Eurotop 100
Stock Index  None    10,000

Eurotop 300
Stock Index  None     5,000

*Effective as of the close of business on the second last business day of the
calendar month preceding the delivery month.

The remainder of COMEX Rule 4.47 remains unchanged.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(01-65)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Goodell want phone numbers for the following WIlliams people.

Jon Warzel in Tulsa
Thomas Coleman in Atlanta


---------------------- Forwarded by Patrick Hanse/HOU/ECT on 01/30/2001 01:39
PM ---------------------------

"Transaction Coordinator" <transcrd@mapp.org>@mapp.org on 01/30/2001 01:26:13
PM
Sent by: owner-rtc@mapp.org
To: <rin@mapp.org>, <pemc@mapp.org>, <rtc@mapp.org>
cc:
Subject: Miles City DC Tie Policy - Updated 01/30/2001

Dear MAPP Schedule F Transmission Customers,

The Miles City DC Tie Policy has changed as of January 30, 2001.

Effective 12:00 Noon, 01/31/2001

The Policy for submitting requests for transmission service to the
WAUW.MPCO, WAUW.WACM service points under MAPP Schedule F:

Until further notice, the following policy affects requests for transmission
service to the subject service points submitted between 12:00:00 noon and
12:05:00 p.m. Central Time shall be observed.

If more than five (5) requests are submitted by the same Transmission
Customer or group of Affiliated Transmission Customers within the specified
time period to either one of the service points then all such requests shall
be considered as invalid.

MAPP will set the status of all such invalid transmission requests to
INVALID.   (For example, Six requests to WAUW.MPCO submitted between Noon
and 12:05 p.m. by the same Transmission Customer or group of Affiliated
Transmission Customers would have ALL (6) set to INVALID.

In addition the policy is posted under the MAPP Schedule F OASIS page, and
then click on OASIS Business Practices.

The URL below will also take you there:
http://mapp.oasis.mapp.org/documents/MAPP/noondctieupdate_013001.html

Please contact the MAPP Transaction Coordinator if you have any further
questions.

Sincerely,

MAPP Transaction Coordinator
(651) 632-8508


Hello
I have a question, should the Counterparty on this trade be Peco Energy?
We have Constellation but bro does not know trade as Constellation

Tom Alonso's name is on bro confirm (Peco) but deal 459243.01 is under Mark
Fischer (COnstellation)

Thanks


For tomorrow, I believe I'll work out tomorrow after work and I should still
be back at my desk by 6:30 pm.  Just in case, my pager number is 877-498-5497.

BUDDY!@!!!


Attached is the presentation that Jeff reviewed last week in the meeting.
---------------------- Forwarded by Brenda F Herod/HOU/ECT on 06/27/2000
08:39 PM ---------------------------

Jeff Johnson@ENRON
06/19/2000 05:34 PM
To: Beth Perlman/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT, Brent A
Price/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, Laura E Scott/CAL/ECT@ECT,
Sheila Glover/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, Robert
Superty/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT, Kenneth M
Harmon/HOU/ECT@ECT, Dave Nommensen/HOU/ECT@ECT, Regan M Smith/HOU/ECT@ECT,
laray.odum@luminant.com, nadeem.abbasi@luminant.com, Scott
Williamson/HOU/ECT@ECT, Paul F Poellinger/HOU/ECT@ECT, John
Simmons/NA/Enron@Enron, Chris Hanz/Corp/Enron@Enron, Sally Beck/HOU/ECT@ECT,
Rebecca Ford/HOU/ECT@ECT
cc: Angelina V Lorio/HOU/ECT@ECT, John Paskin/LON/ECT@ECT
Subject: Wed Unify Mtg 2:00 - 2 Allen Center, 12th floor conf room

Please note that the Wed meeting will be held as planned from 2:00-4:00PM in
the 2 Allen Center in the 12th floor Forum conference room.
The room entrance is just off the elevator bank foyer.

Here is the draft of the presentation that we will discuss on Wednesday. We
are interested in your input and feedback in the meeting on Wednesday.

Thanks.

---------------------- Forwarded by Jeff Johnson/Corp/Enron on 06/19/2000
05:20 PM ---------------------------

Alarm enabled: an alarm will occur  on 06/21/2000 01:55 PM
	Calendar Entry

Brief description:
Date:
Time:

Unify System -- Problems and Proposed Immediate Projects. Two Allen Center,
12th floor forum
06/21/2000
02:00 PM - 04:00 PM

Detailed description:

The meeting will be held in Two Allen Center on the 12th floor in the large
conference room (called the Forum). The room entrance is just off the
elevator bank in the foyer.

We believe that we have an approach to immediately begin to address key
performance issues in the Unify system.
To be successful with the proposed projects, we need your input, sponsorship
and participation. Angie Lorio will find a location and will publish as soon
as possible.

The proposed agenda is as follows:

I. UNIFY --  Current State, Strengths, Issues
II. Conceptual Overview Of Proposed Solutions
Organization Building
Performance Monitoring Team
Sybase 12 Upgrade
SQL Server Testing
Middle Tier Rearchitecture Project
Scoping For A Re-Write Effort
III. Solutions Proposals / Plans For Immediate Review / Kickoff
Proposed Scope
Assumptions
High Timelines / Cost Estimates
Staffing
IV. Facilitated Discussion On Unify
Future Growth / Changes Required For Unify
New Project Prioritization

Invitations have been sent to: Beth Perlman/HOU/ECT@ECT, Bryce
Baxter/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT,
Laura E Scott/CAL/ECT@ECT, Sheila Glover/HOU/ECT@ECT, Jefferson D
Sorenson/HOU/ECT@ECT, Robert Superty/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT,
Kenneth M Harmon/HOU/ECT@ECT, Dave Nommensen/HOU/ECT@ECT, Regan M
Smith/HOU/ECT@ECT, laray.odum@luminant.com, nadeem.abbasi@luminant.com, Scott
Williamson/HOU/ECT@ECT, Paul F Poellinger/HOU/ECT@ECT
Optional invitees: Chris Hanz/Corp/Enron@Enron, John Simmons/NA/Enron@Enron,
Angie Lorio
_________________________________________________________________________
This meeting repeats   starting on    (if the date occurs on a weekend the
meeting ).


The Legal Committee meeting normally held every other Monday in conjunction
with the OGC meeting will not be held for approximately two months.  The OGC
meetings will continue every Monday morning as usual beginning 8:30 am
Central time.  You will be notified when the Legal Committee meetings
resume.  Thank you.


Forwarded by Joe Hillings for your information:

---------------------- Forwarded by Lora Sullivan/Corp/Enron on 04/25/2000
04:58 PM ---------------------------

mmorrison@uscib.org on 04/25/2000 10:33:39 AM
Please respond to mmorrison@uscib.org
To: "USCIB Environment Committee, list suppressed" <agreene@uscib.org>,
nkennedy@uscib.org
cc:

Subject: UN Global Compact with Business

Status of the UN Global Compact with Business:

UN Secretary-General Kofi Annan launched a "Global Compact"
with business at the World Economic Forum in Davos on January
31, 1999.  The Compact consists of nine principles that cover
human rights, labor, and the environment. For details on the
principles see http://www.unglobalcompact.org/

In the past 12 months, the UN Secretary-General has held
discussions with the International Chamber of Commerce (ICC) and
other business groups (WBCSD, PWBLF) to define business' role
in the Global Compact.  A clearer understanding of what the
compact is and is not has been reached with Kofi Annan's office
(detailed below).  However, some disagreement is still evident
among the three UN agencies involved: UN Environment Program,
UN High Commission on Human Rights, and the International
Labor Organization.

Please find below communications between the ICC and the UN
that explain, in the clearest terms yet available, what would be
expected of companies under the Global Compact.  Further
discussions are planned with the UN in May and June, followed by
a CEO-level meeting on July 26 in Geneva to launch business
participation in the Global Compact.

Feel free to contact me with any questions or comments.

Best regards,
Adam B. Greene
Director of Environmental Affairs
US Council for International Business
agreene@uscib.org
Tel: 212-703-5056

------- Forwarded message follows -------
From:            CATTAUI LIVANOS Maria
    ICC Secretary General
To:              ICC National Committees
Subject:         UN Global Compact
Date sent:      Tue, 25 Apr 2000 11:37:13 +0200

The UN Secretary General's call for a "Global Compact" with
business has met with a great deal of support among our
members. However, recently there have been some indications that
certain external constituencies, and even some parts of the UN,
want to set up verification, reporting, or monitoring mechanisms,
along with "guidelines" for ethical corporate behaviour.

I asked the Secretary General's office in New York when I visited
last week to clarify this, and below is the message received from
his office. We all feel it is important to keep the Global Compact
initiative on the right track.

MLC

----------
From:   Georg Kell[SMTP:kell@un.org]
Sent:   21 April 2000 00:22
To:   Sg@iccwbo.org
Subject:  Global Compact

Dear Maria,

I am pleased to inform you that we have now a clear understanding
what we expect from companies [under the Global Compact]. It
has never been intended as code and we do not ask companies to
sign on to anything. Monitoring and verification do not fall within the
mandate and the institutional capacity of the UN within the context
of the Compact. What we do expect from companies is a
commitment to action:

 1. Advocating the Compact and its principles.

 2. Sharing on our website "www.unglobalcompact.org" at least
once a year an example of progress made or lessons learned in
implementing the principles.

 3. Engage in partnership with UN organisations by undertaking
activities that further the implementation of the principles, or by
entering partnership projects in support of broad UN goals such as
investment promotion (poverty), health and education. The recent
Ericsson and WebMD initiatives or the UNCTAD/ICC project on
investment guidelines in African LDCs are perfect example for the
latter category of successful partnership projects.

The Global Compact is not an intergovernmental initiative but the
personal initiative of UN Secretary-General Kofi Annan. We believe
that demonstrating progress ahead of the forthcoming Millennium
Assembly in early September is crucial for the viability of the
concept of the Compact. To that end, we are aiming at a meeting
prior to the opening of the Assembly where committed business
leaders can demonstrate their engagement. We are very pleased
that the President of the ICC has already accepted to actively
participate.

Best regards,
Georg Kell
Executive Office of the UN Secretary-General
------- End of forwarded message -------


Charlie Garner, Terry Glenn, and Donovan Mcnabb for Marshall Faulk


Please take the volumes to 0 for these 2 Hopewell deals on Dec 31.  Deal
549152 & 549163.

Robin, I took the price to 0 on both of these deals.


Frank:  Can you handle?

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 04/05/2001 10:48 AM -----

	mrgelnett@nyseg.com
	04/02/2001 10:08 AM

		 To: sara.shackleton@enron.com
		 cc:
		 Subject: NYSEG ISDA negotation

Sara,
     What is your availability this week for a conference call with our
Attorney?

Maria


Just a reminder that tomorrow is the PreBid Meeting.

Laura

---------------------- Forwarded by Laura Harder/Corp/Enron on 11/20/2000
02:56 PM ---------------------------

Laura Harder
11/16/2000 11:33 AM
To: Thomas A Martin/HOU/ECT@ECT, Jim Schwieger/HOU/ECT@ECT, James
McKay/HOU/ECT@ECT, Greg McClendon/HOU/ECT@ECT, Elsa Villarreal/HOU/ECT@ECT,
Daren J Farmer/HOU/ECT@ECT, Lauri A Allen/HOU/ECT@ECT, Eric Bass/HOU/ECT@ECT,
Gary W Lamphier/HOU/ECT@ECT, Danny Conner/NA/Enron@Enron, Janet H
Wallis/HOU/ECT@ECT, Carey M Metz/HOU/ECT@ECT, Stacey Neuweiler/HOU/ECT@ECT,
Liz Bellamy/NA/Enron@Enron, Edward D Gottlob/HOU/ECT@ECT
cc:

Subject: PreBid Meeting - Time Change

The Pre-Bid Meeting has been moved to 3:00 on Tues, 11/21 ... it's still in
EB30c1 though.

Laura


Start Date: 1/5/02; HourAhead hour: 19;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010519.txt


(See attached file: hpl0609.xls)

 - hpl0609.xls


Enclosed is the latest regulatory filing summary, as well as the latest
addtions to the Order 637 Filings.  Please note that the latest round of
Order 637 filings begins on page 9 of that attachment.


print
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 11/07/2000
10:44 AM ---------------------------

Damon Harvey@ENRON_DEVELOPMENT
10/31/2000 10:36 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Brad Hitch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject:

Mr. Shankman,

I hope all is well with you. Currently I am a second year analyst faced with
the dilemma of which career path to pursue.  Although there are several
options, I'm primarily interested in developing a deeper understanding of
Enron's market philosophy. Trading, risk management, and commodity
structuring all sound interesting to me at this point, but I want to go into
my next rotation with a clear sense of direction.

Brad Hitch, who I worked with over at Enron International, suggested I
contact you to discuss your needs as well as new developments in your group.
He thought you would be in an excellent position to assist me with my
decision.

My resume' is attached for your consideration. As you will see, I have a
significant amount of Investment Banking, and financial industry experience.
I know how busy you must be during this time of year, but I would appreciate
a few minutes of your time.

I shall call you during the week of November 14th to schedule a time for us
to meet. In the meantime, if you need to contact me, my number is
713-853-6818. Please leave a message if I'm not in, and I'll return your call
the next day.

I look forward to  speaking with you.

Sincerely,

Damon Harvey


For all of you who are active participants in the Enron Corp. Savings Plan, we have made arrangements with Northern Trust, our Plan Administrator, to expedite any loan requests made during the week of June 18 - June 29 in order to help you during this recovery period from any flood damage you may have experienced.

If you do not already have an outstanding loan, you can request up to 50% of your balance up to a maximum of $50,000.  To request a loan follow these three easy steps in order to ensure quick processing:

	1. Log onto the website:   https://www4.rsweb.com/61045/# or call the Benefits Service Center at 713.853.7979.

	2. Enter your SSN and your Personal Identification Number and click on "Loan Information" to see the amount available.
	If you wish to request a loan, click on "Loan Modeling/Request" and follow the instructions.

	3. Checks will be mailed from Northern Trust in Chicago  on June 27 for loans requested the week of June 18 - June 22 	and on July 5 for loans requested	June 25 - June 29.

NOTE:  The IRS restricts Hardship Withdrawals to specific circumstances outlined in the Money-in-Motion guide on the benefits website.  Unfortunately, while we know the flood has imposed hardships on many of you, these circumstances do not qualify for a withdrawal.


Judi,

Did you receive a quote for Williams yet? When I spoke with Terri she said that $5000 USD was a pretty good estimate for my move.

Chris

 -----Original Message-----
From: 	"Judi During" <JDuring@royallepage2.com>@ENRON [mailto:IMCEANOTES-+22Judi+20During+22+20+3CJDuring+40royallepage2+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Friday, September 07, 2001 9:02 AM
To:	Dorland, Chris
Subject:	RE: Estimate of move costs

I haven't been given instructions from anyone at Enron in regards to the reimbursement of the car loss and how they want it to be handled,   I will enquire with Dawn and one of us will let you know once it's decided,

Judi

>>> <Chris.Dorland@enron.com> 09/07/01 10:57AM >>>
Looks OK except that it doesn't include the reimbursement for my car.

Thanx,

Chris

    -----Original Message-----
   From:   "Judi During" <JDuring@royallepage2.com>@ENRON
             [mailto:IMCEANOTES-+22Judi+20During+22+20+3CJDuring+40royallepage2+2Ecom+3E+40ENRON@ENRON.com]

   Sent:   Friday, September 07, 2001 8:39 AM
   To:     Dorland, Chris
   Subject:  Estimate of move costs

   Good morning Chris,
   Please find attached a Relocation Planner which outlines the estimated
   costs for your move.   I have e-mailed this to Dawn Doucet with a
   request for authorization of the additional costs above the $11,250

   Please call if you wish to discuss,

   Judi During
   Relocation Consultant

    - Dorland Planner.xls << File: Dorland Planner.xls >>

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


The confirm form is one of the many current templates used by the confirm
desk depending on the specific transaction type and the counterparty.  For
instance, this template is not the used for a swap (e.g. not a cap, floor,
collar or swaption) and would not be used even for a plain vanilla swap if
the customer had not signed an ISDA Master Agreement.  The index language can
be used in a variety of contexts but again depends on exactly which type of
trade you are doing.  But I thought you guys had decided to use the first
price published in the following month rather than the average of the entire
month language attached so this may not be the final version.

	Kim Stanley@ENRON
	10/25/2000 04:02 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: sample confirm and index language

These are the documents to which I referred.
thanks,
kim
---------------------- Forwarded by Kim Stanley/NA/Enron on 10/25/2000 04:03
PM ---------------------------
From: Mark Taylor@ECT on 10/20/2000 02:35 PM
To: Kim Stanley/NA/Enron@Enron
cc:

Subject: sample confirm and index language

Here is the confirm template (used when an ISDA Master is in place)

This is the index language for EnronOnline.  We would use something similar
for the offline confirms.


---------------------- Forwarded by Richard B Sanders/HOU/ECT on 04/28/2000
12:47 PM ---------------------------

Nuria_R_Ibarra@calpx.com on 04/28/2000 11:15:11 AM
To: richard.b.sanders@enron.com
cc:
Subject: Letter from Pat Gillman

The attached letter is being sent to you from Patricia Gillman.

(See attached file: Sanders Letter 4_28_00.doc)

 - Sanders Letter 4_28_00.doc


Stan and Danny, here is a recap of activities in Gas Logistics this last week including Gas Control
	activity.  I will send you an update again on Wednesday (Jan. 2).  Have a great weekend.

	Please give me call if you have any questions.  (Ext. 7637) Thanks. Lynn


I have called the following about East Ohio for July.  No one is interested.
 Equitabe Energy, LLC
 Virginia Power
 El Paso
 FirstEnergy
Suggest you sell to Marde.
John


Hi Katie:
Thought IEP folks might be interested.
Best,
Jeff

Wednesday March 14, 12:22 pm Eastern Time

US Senate rejects California utility bankruptcy measure
By Patrick Connole

WASHINGTON, March 14 (Reuters) - The U.S. Senate on Wednesday rejected a bid
to force California utility companies to repay power generators for
electricity they bought under a federal government sales order, even if
utilities go bankrupt.

In a motion on the Senate floor, lawmakers killed an amendment to a broader
bankruptcy reform bill that opponents said was a dangerous proposal that
would have opened the door to involuntary bankruptcy filings by troubled
California utilities. The utilities in question are PG&E Corp.'s (NYSE:PCG -
news) Pacific Gas & Electric and Edison International's (NYSE:EIX - news)
Southern California Edison.

The amendment was sponsored by Oregon Democrat Sen. Ron Wyden, Montana
Democrat Sen. Max Baucus and Oregon Republican Sen. Gordon Smith.

Proponents said the measure would have protected the customers of the
federally-owned Bonneville Power Administration and other Northwest utilities
from unfair rate increases due to the California energy crisis.

``I don't think it's fair for consumers in other Western states to get caught
holding the bag if California utilities take our power and then run into
bankruptcy court to avoid their debts,'' Wyden said.

``The Northwest has been more than a good neighbor to California during this
crisis,'' he said.

Interestingly, the California Senate delegation was split on the matter.
Democrat Dianne Feinstein opposed the amendment, while fellow Democrat
Barbara Boxer supported it.

Feinstein called the proposal a ``dangerous amendment'' that would create two
classes of creditors and ``probably force an involuntary bankruptcy.''

The broader bankruptcy reform bill is expected to be approved by the Senate
by the end of the week.

Separately, talks between California and its three investor owned utilities
on a deal under which the state might buy their transmission assets continued
this week with no deal in sight.

The state is negotiating with PG&E and Edison, along with Sempra Energy
(NYSE:SRE - news) unit San Diego Gas and Electric.

The deals are aimed mainly at pumping money into PG&E and SoCal Edison to
keep them out of bankruptcy after they recorded about $13 billion in red ink
since last spring, paying sky-high prices for power in the wholesale market.

PG&E and SoCal Edison, under the terms of the state's disastrous experiment
with market deregulation, have been able to pass on to their retail customers
only a fraction of their power purchase costs.


I spoke with Mark Fischer about this - Tom Alonso stepped out of the office
for a minute - and he said Tom would probably want to talk to his contact
with FPL. So I'm going to wait before changing these counterparty names. I'll
also check with him on the off peak hours for 517518, and get back to you in
just a minute.

Thanks,
Kate

From: Kimberly Allen on 02/14/2001 09:21 AM CST
To: Kate Symes/PDX/ECT@ECT
cc:
Subject: #517518.01

Kate, same thing on this trade. I think it should be FPL Energy Power
Marketing b/c I received a confirm on it. Secondly on the confirm it states
that hour 0100-0600 is priced at $95.00 and then again at hours 2300-2400.
7-22 is priced at $140. However I do not show in the system 1-6 and 23-24 at
$95. Did he forget to put in the off peak or is FPL incorrect.

Thanks,

Enron Power Marketing, Inc.
Kimberly Indelicato Office:713-853-3031
Trading Support Fax:713-646-2443
kallen3@enron.com


Do you think a volumetric rate from Texas Gas based on this load profile?
---------------------- Forwarded by Phil DeMoes/Corp/Enron on 01/29/2001
03:50 PM ---------------------------

"Mona Simon" <mbsimon@eatel.net> on 01/24/2001 05:12:38 PM
To: <Phil.DeMoes@enron.com>
cc:

Subject: Re: Raw Data for Gas Graphs

Try it this time. Let me know if you still have trouble.

Mona
----- Original Message -----
From: <Phil.DeMoes@enron.com>
To: Mona Simon <mbsimon@eatel.net>
Sent: Tuesday, January 23, 2001 2:08 PM
Subject: Re: Raw Data for Gas Graphs

We may have a hard time opening this one.  Any chance you can save as a
Microsoft Excel file and send to me?

"Mona Simon" <mbsimon@eatel.net> on 01/23/2001 02:03:17 PM

To:   <phil.demoes@enron.com>
cc:

Subject:  Raw Data for Gas Graphs

Phil,

Attached is the data you requested. If you have any  questions please call
Ron Gary at (337)-291-5856
or Mona Simon at (337)-291-5879.

Thanks,
Mona
(See attached file: RawDataForGasGraphsB.wb3)

 - RawDataGasGraphsB.xls


aufklarung (OUF-klay-roong) noun

   The Enlightenment.

[German : auf, up (from Middle High German uf, from Old High German.) +
Klarung, a making clear, from klaren, to make clear, from Middle High German
klaeren, from klar, clear, from Latin clarus.]

   "The idea that a profanity, especially one that was used as more than a
   casual expletive, could be used as a - pardon - legitimate verb was to me
   something of an Aufklarung, an enlightenment."
   Jon Hahn, A Deposit From Mr. Ed Pays Garden Dividends, Seattle Post -
   Intelligencer, Oct 26, 1999.

If memory serves me right, Caesar described the Germanii as a large, hardy,
ferocious people who inhabited the gloomy forests to the east of Gaul, wore
hardly any clothes and were perpetually on the move. Well, if he were able to
have a look around the seashores of Spain, Portugal or Italy today, he might
say exactly the same thing, although this time around the context would be
rather more peaceable. The descendents of those redoubtable forest-dwelling
savages are probably the world's number-one travelers today, still gripped by
an extraordinary wanderlust that sends them to the four corners of the earth
in apparent flight from the serious, orderly and slightly boring society they
have constructed for themselves in their geopolitical sandwich between the
Latins to the west and the Slavs to the east. The Germans have done a lot of
fighting and a lot of thinking about that sandwich over the centuries since
Caesar reported on them, and the words that have entered the English language
from their experience frequently reflect those military and intellectual
struggles: they are light on things like play, gastronomy, fashion and
frivolity but top heavy in philosophy, political thought and struggle in
general: serious, consequential stuff. If these words tend to be a little
ponderous and hard to pronounce, they are marvelously apt expressions of what
could never be expressed so well if our English tongue just minded its own
business and never wandered abroad to steal from others.         -Rudolph
Chelminski (rudychelminski@compuserve.com)

(This week's Guest Wordsmith, Rudolph Chelminski, is an American freelance
writer living in France.)

.............................................................................
Men are men before they are lawyers, or physicians, or merchants, or
manufacturers; and if you make them capable and sensible men, they will make
themselves capable and sensible lawyers or physicians. -John Stuart Mill,
philosopher and economist (1806-1873)

Q: Some time ago you featured a quote/word about x in AWAD. Could you resend
it?
A: You may search the archives at http://wordsmith.org/awad/search.html
   or browse them at http://wordsmith.org/awad/archives.html All the
   words and quotes since the beginning of AWAD are available there.

Pronunciation:
http://wordsmith.org/words/aufklarung.wav
http://wordsmith.org/words/aufklarung.ram


FYI, I will respond.  This is the omnibus master that outside counsel
modified for us, we will have to modifiy it for EOL as well.

----- Forwarded by Brent Hendry/NA/Enron on 02/06/2001 02:31 PM -----

	Andrea Calo
	02/06/2001 02:03 PM

		 To: Brent Hendry/NA/Enron@Enron
		 cc:
		 Subject: Financial GTC

Brent,

As I anticipated, Lavarato seems to want to get started with financial
transactions in Argentina as soon as possible.  The boys told me that once
they have the document they would take it on some sort of road show in order
to get input from the market prior to putting it on line.  In order to do so,
they have requested certain "flexibility" regarding the terms of the
agreement that the prospective CP's may want to have changed.  They
understood and agreed that the concept behind the contracts on EOL is that
they are standardized and are not intended to be modified upon CP's request
once they are on line.

Also, we need to confirm that this document can be used both online and
"offline".   Did you get a chance to take a look at the changes?

Regards,

Andrea


Our firm has been retained by a prominent global energy company with more than $26 billion in assets. The company reaches into more than 50 countries, producing energy, transporting energy, marketing energy and providing energy services. In the United States, the company provides electric service to approximately two million customers; operates interstate pipelines that deliver natural gas to various regions of the country; and are leading marketers of electricity, natural gas and natural gas liquids.  Our client seeks a lawyer with an understanding of generation plants and energy trading and marketing experience.

As a respected practitioner in this field, your cooperation in suggesting or referring appropriate candidates to us for our client's consideration would be most appreciated.

President Bush has requested that Americans return to business in order to show the world that although saddened and angered by these senseless acts of terrorism, Americans are not beaten.  Accordingly, Prescott Legal Search is resuming recruiting efforts on behalf of our clients.  This return to business in no way diminishes the terrible tragedy that has befallen our nation, the victims and their families.  Thank you for your time and attention to this request.

Anita S. Worth
PrescottLegal Search
3102 Oak Lawn Ave, Suite 700
Dallas, Texas75244
214-210-2930 (work)
214-697-3420 (cell)
anita@prescottlegal.com


I have made some minor changes and given my approval. Please send me a copy
of the final version for my records.

	Gene Humphrey
	06/02/2000 02:09 PM

		 To: Richard B Sanders/HOU/ECT@ECT, Laura Schwartz/Corp/Enron@Enron
		 cc: Monica Edwards/HOU/ECT@ECT
		 Subject: Ventureline Comments

Richard, given our recents experience with the mediation process I thought it
might be good for you to take a look at this interview before we release it
for publication.  Please let me know your comments.

Thanks,

Gene
---------------------- Forwarded by Gene Humphrey/HOU/ECT on 06/02/2000 02:04
PM ---------------------------

	Enron North America Corp.

	From:  Laura Schwartz @ ENRON                           06/02/2000 12:22 PM

To: Gene Humphrey/HOU/ECT@ECT
cc: Monica Edwards/HOU/ECT@ECT
Subject: Ventureline Comments

Gene - Here are the comments we were discussing earlier for ventureline.com.
I think Monica did a great job! Please let me know if there are any changes.

Thank you!

Laura


To:	     Management Committee Members
From:  Cindy Olson, Beth Tilney and Mark Palmer
The attached is the results of the Focus Groups that we conducted per our action plan from the "Lay it on the Line Survey".  Frank Luntz will be at the Management Committee meeting today to discuss this information.


Here are 4 of the five legislative proposals our office has been asked to
draft.  The only one missing is no. 4, the expedited generation siting
proposal, which will have to be worked on more as we have just received
extensive comments from ENA and outside counsel (McCutchen).  By separate
cover, I will send Jeff Dasovich the summary letter desribing the proposals.
If changes are required, please contact Brian Cragg of our office.
(bcragg@gmssr.com)

Thank you.

Mike Day

 <<PART5.DOC>>  <<PART3.DOC>>  <<PART2.DOC>>  <<PART1.DOC>>

 - PART5.DOC
 - PART3.DOC
 - PART2.DOC
 - PART1.DOC


This morning EPMI sold Cenex 7 MW flat delivered to the Montana Power Company (MPC) System Border for Thursday and Friday (July 12, 13) @ $67.85/MWh.   Thanks,  John


Are you involved in this deal, if not do you have a contact?

 -----Original Message-----
From: 	Abshire, Scott
Sent:	Thursday, November 01, 2001 2:23 PM
To:	Hotte, Steve
Subject:	Power Generation asset sale in Puerto Rico

Steve,

I was contacted by Teobaldo Camejo Soto (Enron HR - Carribean Basin) regarding the sale of an Enron Asset, Ecco Electrica (sp?).  He indicated the sale of this asset was set to close in ~2 weeks and needed IT support to review all of the systems and software licenses involved.

I am not sure who in IT should handle this support.

Thanks,
-Scott.


Jim / Evan -

As you are probably aware, the performance and surety bond market is difficult for us to navigate in and around in our current situation.  As an example, EFS has been shut out of getting access to new bid and performance / payments bonds for its business that requires these.  We are addressing this with the bonding companies now.  All of their existing bonds are in place and in force.

In light of this, I wanted to make sure that we are absolutely current in all aspects of all bonding requirements with UDC's and LDC's.

Please send me the most current copy of your matrix that illustrates where we have existing bonds in place, what drives the capacity requirements, status, renewal / expiration date, current payment status, etc.  I would like to make sure that we are all clear on how these work, what triggers increases / decreases in capacity, and other issues impacting our ability to continue to flow electricity and natural gas to our clients.

Thanks - Dan


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

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

Unleaded     http://www.carrfut.com/research/Energy1/unlded93.pdf


Everyone,

This is hot news showing that the CAISO/CDWR relationship is even more cozy than we thought.  I am not sure how to best use this information, but this scam needs to be brought to the public's and FERC's attention.

1.  According to two sources, the CAISO is helping to bail Gov. Davis out of his high-priced CDWR long-term power contracts by purchasing CDWR's excess energy as an "Out Of Market" purchase---instead of purchasing real-time energy from the CAISO's Supplemental Energy auction as required by the CAISO Tariff.  The costs of purchasing this high-cost power is being charged to Scheduling Coordinators who are largely unaware of the CAISO's surreptitious transactions.

2.  This sweetheart deal violates the CAISO Tariff, which requires the CAISO to buy energy from its Supplemental Energy (Real-Time) auction first.  CAISO Tariff, Dispatch Protocol section 8.6.2 (d).  Only after the CAISO has used up the Supplemental Energy  bids, can the CAISO buy Out Of Market ("OOM") energy.  If the CAISO were following the Tariff, CDWR's excess energy would be treated as an uninstructed deviation and CDWR would be paid the clearing price for Supplemental Energy---which is often as low as $0.00.  Therefore, under the Tariff the CAISO could have paid CDWR the same price paid to other SCs, but instead is buying it at a price agreeable to CDWR.

3.  By ignoring Supplemental Energy bids in favor of CDWR power, the CAISO is able to manipulate the price it pays for energy in the Supplemental Energy market.  Low CAISO demand for Supplemental Energy drives down prices.  The clearing price for Supplemental Energy has often been as low as $0.00.  Therefore, the CAISO gets to keep all excess energy on the grid for free.  If CDWR was not getting preferential treatment, its energy would be treated as excess energy, and it would get little or nothing for it.

4.  While there is no evidence that Gov. Davis has directed the CAISO to buy from CDWR first, this behavior clearly benefits Davis.  Absent the CAISO's purchases of CDWR's excess energy, CDWR would be forced to sell its energy at a huge loss in the open market (just like many other suppliers).  The media has been been making hay out of Davis's strategy of buying high and selling low.  Therefore, Davis and CDWR benefit by being able to offset some of their losses under the long-term contracts.  Of course, they are only able to offset their losses through a back-door deal with the CAISO.

5.  The costs of this expensive CDWR power are being passed through to unwitting Scheduling Coordinators who, frequently seeing 10-minute Ex Post prices of $0.00, expect that the cost of imbalance energy will be close to $0.00.  These SCs are in for a big surprise.  According to one source at Sierra Pacific, the CAISO charged him as much as $400/MWh for imbalance energy.  (Where is the price mitigation here?)

6.  Who benefits under this scam?  Davis and CDWR.  Who loses under this scam?  In-state generators who are currently obligated to sell to the CAISO; Scheduling Coordinators who overgenerate or that have negative imbalances; consumers who end up paying higher prices for energy.

7.  Sources:  Our client representative from the CAISO has confirmed this practice and "the Friday Burrito," an industry insider publication mentioned it also.

8.  Here is the quote from the Friday Burrito:

"There is another problem that is being introduced by the long-term contracts. The ISO is utilizing the DWR contracts as Out of Market (OOM) calls, thereby forcing the contract energy into the grid ahead of the supplemental energy bids in the balancing energy ex post (BEEP) market. As one of our faithful observers told me, "The ISO will be billing some DRW/CERS long-term contracts to SCs as OOM energy. This has been confirmed by the ISO. This means there is no real-time price transparency. We may see an hourly ex-post price of, say, $15, but this will bear no resemblance to the eventual Real-Time settlement price. There is no way to estimate what the OOM charge was as the ISO doesn't post that information. The implication is that parties buying real-time energy will wait 90 days before theyhave any idea of the price. This sort of price uncertainty is completely contrary to the FERC's goals of creating open, transparent markets."
9.  Here is the e-mail from our CAISO representative:

-----Original Message-----
From: Almeida, Keoni [mailto:KAlmeida@caiso.com]
Sent: Thursday, August 23, 2001 4:04 PM
To: Emmert, Caroline; O'Neil, Murray P.; Gilbert, Scotty
Cc: Sheidun, Donna; Blair, Kit
Subject: RE: "Burrito"

Issue highlighted in blue lettering. This is being researched internally and
an ISO response on how these transactions are being handled should be
forthcoming, I would think.

Keoni Almeida
California Independent System Operator
phone: 916/608-7053
pager:  916/814-7352
alpha page:  9169812000.1151268@pagenet.net
e-mail:  <mailto:kalmeida@caiso.com>

-----Original Message-----
From: Emmert, Caroline [mailto:Caroline.Emmert@ENRON.com]
Sent: Thursday, August 23, 2001 3:15 PM
To: Keoni Almeida (E-mail)
Cc: Sheidun, Donna; Blair, Kit
Subject: "Burrito"

Can you send me a copy of the 'Burrito' that we were discussing, or at
least outline in an e-mail the name of the person who has written about
CERS and what was published?   What is the official name of this
newsletter?  I have seen them in the past (Harvey Hall used to get it
and sent a couple to me), but I haven't seen it for a long time.

Also, to recap our telephone discussion:  the charges assessed to the
Market in Charge Type 487 are determined by CERS, and are being
collected by the ISO on behalf of CERS, to cover the cost of contracts
that CERS has signed for energy purchases? and 487 pricing/charges have
do direct relationship to the Inc and Dec prices charged or paid to
those who inadvertently over- or under-schedule?  Please clarify that I
have understood this correctly.

Thanks a lot for your assistance.

Caroline

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10.  Here is an e-mail from the intrepid and vigilant Kit Blair, in Volume Management, who first brought this scam to my attention.
 -----Original Message-----
From: 	Blair, Kit
Sent:	Thursday, August 23, 2001 3:42 PM
To:	Hall, Steve C. (Legal)
Cc:	DL-Portland Volume Mgmt
Subject:	487 Revelation

Steve,
	Here is a summary of what we have learned regarding how the CAISO is handling 487.  Kent at Sierra Power inquired to me why he was being charged 487, (487 is the charge code the CAISO uses when it has to go out of market, and purchase power that exceeds $150.00/mwh, 481 is the charge code they use to credit it back), for the same hours and intervals that both the INC and DEC prices were zero.  This was obviously very peculiar and nobody in VM knew the answer. So Caroline posed the question to Keoni at the CAISO.  His response was this:  that the CAISO is charging 487 regardless of the INC and DEC prices, to cover the forward market contracts signed by CDWR and CERS.  In effect, they are ignoring their tariff that states they are supposed to purchase power at the lowest price, and are in effect trying to recover costs for CDWR and CERS.

-Kit


Douglas,

If you have any questions, please call me at ext. 54858.

Thanks,

"Z"


how does this look?  will send to cogan as soon as you take a look.

 -----Original Message-----
From: 	Foster, Chris H.
Sent:	Wednesday, July 11, 2001 8:53 AM
To:	Ward, Kim S (Houston)
Subject:

 << File: June2001 Pricing.xls >>