ISDA PRESS REPORT - MARCH 1, 2001

* FASB Excludes Joint Ventures From Business Combinations Project -
BNA
* EP Committee hears Lamfalussy on financial services - Reuters
* Bank regulator intervenes in Turkish crisis - Financial Times
*     Slightly Altered Bankruptcy Bill Clears Senate Committee - American
Banker

FASB Excludes Joint Ventures From Business Combinations Project
BNA - March 1, 2001

NORWALK, Conn.--The Financial Accounting Standards Board Feb. 28 wrestled
with how to define joint ventures, business enterprises intended to be
outside the scope of rules on business combinations, and the kind of
reporting that will leave deeper imprints on firms' earnings statements than
current practice.

FASB specifically excluded joint ventures from its pending proposal on
accounting for mergers and acquisitions. The proposal is expected to yield
final rules in late June.

The rationale for the decision to exclude joint ventures is the idea that
there exist shared enterprises or mutually beneficial projects of companies
or other entities that do not represent an acquisition of one enterprise by
another.

Instead, two or more existing corporations, governments, or perhaps even
individual people may combine assets and create a genuinely new enterprise
to, for example, develop a new product or technology. Such joint ventures
often carry with them veto rights of the venturers that typically are not
enjoyed by shareholders of a public company.

Goal Is Speedy Issuance

In addition, FASB members have stressed their goal of issuing as quickly as
possible a standard to remedy long-standing problems in the use of the
pooling-of-interests method of accounting in more bread-and-butter corporate
combinations.

In the past, joint ventures have presented difficult definitional problems.
They are a focus of the "phase two" of the board's business combinations
project, which deals with "new basis" accounting issues.

At the same time, FASB believes the topic of joint ventures warrants
action--or at least some clarification--to address "the misapplication of
joint venture accounting to transactions that should be accounted for as
business combinations," according to a recommendation of the board's staff
endorsed at the Feb. 28 meeting.

Under current accounting practice for joint ventures, the assets in play are
reported on a carryover basis at historical cost. That treatment mirrors the
effect of a "pooling," under which the book values of the assets of two
combining companies are merely added together, leaving no dent on the income
statement.

With the impending issuance of the new rules on combinations, FASB would bar
poolings and instead require use of the purchase method of accounting. Under
purchase accounting, one company is identified as the acquirer. It must
record the cost of purchasing a company on its books whether it uses cash or
exchanges stock to acquire the target firm.

APB 18's Description Clarified

In defining joint venture, FASB Feb. 28 tentatively decided to retain the
description of the term in Accounting Principles Board Opinion No. 18, The
Equity Method of Accounting for Investments in Common Stock. It also would
add the clarifications to help draw boundaries around use of joint venture
accounting in areas where the planned rules on combinations should come into
play.
The term " 'corporate joint venture' refers to a corporation owned and
operated by a small group of businesses ("the joint venturers") as a
separate and specific business or project for the mutual benefit of the
members of the group," APB, the rulemaking board that preceded FASB, stated
in Opinion No. 18. "A government may also be a member of the group."

APB said the purpose of a joint venture "frequently" is to share risks and
rewards in developing a new market, product, or technology and to pool
know-how and resources to reach the joint goal. In addition, such a
corporate joint venture "usually" provides an arrangement under which each
venturer may help manage the venture and "have an interest or relationship
other than as a passive investor," according to APB No. 18.

In extended discussion that showed how difficult the issue of joint ventures
is, FASB agreed most strongly on adding, by way of clarification, that the
participating rights entailed in taking part in a joint venture have some
economic substance beyond shareholder rights.

Along those lines, FASB and its staff plan to refer to guidance completed in
1998 by the board's Emerging Issues Task Force (EITF Issue No. 96-16). That
guidance is used for investor's accounting for an investee when the investor
has a majority of voting interest in a firm but the minority shareholder or
shareholders have certain approval or veto rights.

Sticky Issues

Two other issues to be taken up in the planned clarification proved to be
sticky Feb. 28.
First, the board will try to resolve whether an individual person can be a
joint venturer, in other words, whether an individual's participation in
what is termed a joint venture can mean that the label is legitimate and not
simply form part of a cover for what in reality is a business combination or
acquisition.

That issue carries some relevance internationally, as pointed out by Michael
Crooch, a FASB member. In some countries, laws require that a citizen of
that country be a partner--if not a majority shareholder of record--in an
enterprise financed by a foreign company.

The last issue confronting FASB pertains to planned transactions. The board
posed the following question: If a company planned at the date of formation
of the venture to issue a public offering of stock stemming from the
venture, was the enterprise a joint venture? What if the offering of stock
were unplannned?

In coming weeks, FASB's staff plans to work on answering those questions and
return to the board with recommendations.

"We need to take this around the track one more time," said FASB Chairman
Edmund Jenkins.

The board plans to make the envisioned language on joint ventures part of
the standard on business combinations rather than place it in the planned
rules' basis for conclusions.

Derivatives Guidance to Be on Web

Separately Feb. 28, FASB approved clarifications to cure some confusion
about use of guidance on the board's rules on derivatives and hedge
accounting, Statement No. 133.
The guidance, developed with the help of the board's Derivatives
Implementation Group, was cleared previously by the board. (DIG Issue No.
H8, Measuring the Amount of Ineffectiveness in a Net Investment Hedge).

FASB plans to post the revised guidance March 1 on its World Wide Web site.

EP Committee hears Lamfalussy on financial services.
Reuters English News Service - March 1, 2001

Lamfalussy  and financial services - MEPs seek "call back" mechanism

Appearing before the Economic and Monetary Affairs Committee, Alexandre
LAMFALUSSY , chair of the Group of Wise Men on Financial Services, responded
to concerns raised by MEPs seeking a "call back" mechanism as part of a new
approach to speed up the integration of Europe's financial markets. The
committee wants to retain the right to review legislation as it passes
through various processes, should this be considered necessary.

Mr. LAMFALUSSY has proposed setting up two new committees, an EU Securities
Committee and an EU Securities Regulatory Committee, to help speed up
necessary financial reforms. He has offered to allay Parliament's concerns
by keeping MEPs informed of the work of both committees by the provision of
documents, minutes and agendas and the introduction of a procedure whereby
if Parliament passed a resolution taking the view that the Commission
exceeded its legislative powers then the Commission "should take the utmost
account of the European Parliament's position", a procedure which he
admitted did not amount to a formal call back position but would in practice
amount to the same thing. At the same time he could not envisage the
Commission ignoring Parliament's view.

In the ensuing discussions attention focussed on whether or not this
amounted to sufficient controls on the Commission and the proposed European
Securities Committee. One fear is that this new body - which Mr. LAMFALUSSY
recommends should be chaired by the Commission but composed of high level
national civil servants of state secretary level - would be the key
decision-making body responsible for the technical details and under the
control of national governments.

The report will be discussed at the March plenary and the committee will
meet again next week with a view to proposing a draft resolution to plenary.

Bank regulator intervenes in Turkish crisis
Financial Times - March 1, 2001
By Leyla Boulton

Uncertainty over the Turkish government's next steps in the economic crisis
gripping the country continued yesterday, as the Ankara Chamber of Industry
said foreign companies were refusing to accept letters of credit issued by
Turkish companies. Local banks were also reported to be freezing personal
and company loans and the use of credit cards.

In its first move since the crisis erupted last week, the Banking Regulation
and Supervision Agency took control of a small, troubled bank, Ulusal Bank,
while Bulent Ecevit, prime minister, expressed the hope Ankara could secure
a Dollars 25bn loan from foreign banks to help it through the crisis.

Separately, the government expressed hope that Kemal Dervis, a top Turkish
economist at the World Bank in Washington, would accept the job of central
bank governor. The post has been vacant since Gazi Ercel, the former
governor, resigned last weekend, after the government was forced to allow
the free float of the Turkish lira.

Turkish officials are now negotiating with the IMF and World Bank a revised
disinflation plan, together with a bank restructuring strategy. But they are
not expected to make any announcements before the start on Monday of the
week-long religious holiday of Eid al-Adha, and before the central bank
governor and treasury chief are replaced.

Despite Mr. Ecevit's optimism over future loans, analysts and bankers said
it was more important for the government to show it was serious about
economic reform in general and bank restructuring in particular.

Apart from implementing radical fiscal measures and privatisation, this
meant closing any other unhealthy institutions among 27 privately owned
Turkish commercial banks to counter the twin shock of a big jump in interest
rates followed by a devaluation.

"If the bad banks are not closed down, they will ruin the market for the
healthy ones," said one senior banker, who declined to be identified. Aluk
Akdogan, analyst at Salomon Smith Barney, concurred, saying the country's
four biggest private banks, still seen as sound, accounted for 75 per cent
of the industry's Dollars 10bn equity. But their net foreign exchange
liabilities - which he estimated as not exceeding 30 per cent of their
equity base - could become more difficult to trim if weak banks were allowed
to continue to drain available liquidity.

The government also faces the challenge of dealing with four state-owned
banks that account for 40 per cent of deposits and have accumulated historic
losses of at least Dollars 20bn.

But analysts say dealing more effectively with the state-owned banks also
risks uncovering corruption, which could in turn hurt individual members of
the three-party coalition government.

"This is above all a crisis of political leadership," said Charles Blitzer,
an economist who follows Turkey closely.

Slightly Altered Bankruptcy Bill Clears Senate Committee
American Banker - March 1, 2001
By Nicole Duran

WASHINGTON - The Senate Judiciary Committee cleared the bankruptcy overhaul
bill Wednesday, eliminating one sticking point but leaving several others
for Thursday's anticipated floor action.
The legislation appears headed for passage in both chambers.

"They're not going to stop it," Judiciary Chairman Orrin Hatch said of the
bill's opponents after the committee's lO-to-8 vote in favor of the bill.

The Utah Republican said that opponents could slow the legislation down but
predicted they will ultimately fail "unless the entire process breaks down
and there is no bipartisanship."

The House cleared the way for a vote on its version of the bankruptcy bill
Wednesday afternoon and was expected to begin debate this morning.

The Senate Judiciary Committee accepted some Democratic amendments
Wednesday, most notably one by Sen. Charles Schumer, D-NY, that would
prohibit people convicted of crimes from filing for bankruptcy to avoid
paying court-ordered fines, penalties, or damages.

Similar amendments that specifically applied to people convicted of violence
against abortion clinics held up identical bankrupt- -cy legislation in the
106th Congress before it eventually passed, only to be pocket-vetoed by
then-President Clinton. Sen. Schumer modified his amendment to eliminate all
specific references to abortion.

He scored again when the committee unanimously agreed to adopt his "netting"
amendment. The provision is designed to limit the damage that can occur when
a company that holds derivatives contracts files for bankruptcy.

Under current law, derivative contracts are frozen in a bankruptcy
proceeding, which prevents creditors of a bankrupt institution from settling
their obligations. The amendment would allow creditors to reconcile, or "net
out," their derivatives contracts, and thus reduce their losses.

Sen. Hatch and Sen. Patrick Leahy of Vermont, the ranking Democrat on the
committee, collaborated on an amendment to protect consumer privacy. Their
amendment, adopted on a voice vote, would prohibit companies filing for
bankruptcy from selling client lists containing personal information, such
as Social Security numbers, as a way to pay off creditors. The provision
also would create a consumer privacy ombudsman to protect consumers'
interests in bankruptcy court.

Sen. Leahy said the ToySmart.com case revealed the need for such a
provision. The company had a privacy statement assuring customers that
personal information would be kept confidential, but when it went under, the
bankruptcy judge ordered it to sell one of its only assets - its customer
list - to pay off its debts, Sen. Leahy said.

Sen. Russ Feingold, D-Wis., a vocal bankruptcy opponent, got about half his
amendments approved outright and agreed to save some of his more
controversial provisions for the Senate floor.

Two of his victories concern farming. One of his amendments would make it
easier for farmers to qualify for more lenient Chapter 12 terms by lowering
the amount of a filer's income that comes from farming operations, to 50%
from 80%, and by doubling the debt limit to $3 million. The other would
ensure that any bankruptcy payment plan leaves a farmer with enough money to
continue farming.

The panel also agreed to a modified version of Sen. Feingold's amendment
dealing with renter's eviction during bankruptcy proceedings.

The committee's work Tuesday and Wednesday still left about half of
Democrats' 30-odd amendments to be tackled on the Senate floor.

Some of the more nettlesome outstanding points concern whether bankruptcy
filers can keep expensive homes and how much information credit companies
must provide consumers about interest rates and minimum payments.

**End of ISDA Press Report for March 1, 2001**

THE ISDA PRESS REPORT IS PREPARED FOR THE LIMITED USE OF ISDA STAFF, ISDA'S
BOARD OF DIRECTORS AND SPECIFIED CONSULTANTS TO ISDA.  THIS PRESS REPORT IS
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Scott Marra
Administrator for Policy & Media Relations
ISDA
600 Fifth Avenue
Rockefeller Center - 27th floor
New York, NY 10020
Phone: (212) 332-2578
Fax: (212) 332-1212
Email: smarra@isda.org


Awaiting test results.  You know how that goes.  I give you details later.

I may go; I'll let you know.

From: Suzanne Adams@ECT on 06/06/2001 09:02 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Deerfield Development Review Committee Hearing - June 11th

Are you going to this?  Isn't this in Florida?  What happened at the doctor?
Are you ok?

	Kay Mann@ENRON
	06/06/2001 08:51 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Deerfield Development Review Committee Hearing - June 11th

fyi.
---------------------- Forwarded by Kay Mann/Corp/Enron on 06/06/2001 08:50
AM ---------------------------
From: Steven Krimsky/ENRON@enronXgate on 06/06/2001 08:47 AM
To: Ben Jacoby/ENRON@enronXgate, Eric Thode/ENRON@enronXgate, Steven
Rose/ENRON@enronXgate, Dave Kellermeyer/ENRON@enronXgate, Kay
Mann/Corp/Enron@Enron, Raimund Grube/ENRON@enronXgate, Lea
Sooter/ENRON@enronXgate, cabrera@pbworld.com@SMTP@enronXgate,
dsmith@edsaplan.com@SMTP@enronXgate, currog@bellsouth.net@SMTP@enronXgate,
gfhhai@msn.com@SMTP@enronXgate, bernardkinney@aol.com@SMTP@enronXgate,
kabainc@bellsouth.net@SMTP@enronXgate, redelstein@ensr.com@SMTP@enronXgate,
jessica@curtisrogers.com@SMTP@enronXgate,
charlotte@bitner.com@SMTP@enronXgate, sosbourne@ensr.com@SMTP@enronXgate,
amontero@edsaplan.com@SMTP@enronXgate,
walter.bertschinger@mcmtrans.com@SMTP@enronXgate
cc:

Subject: Deerfield Development Review Committee Hearing - June 11th

Please plan to attend the hearing next Monday the 11th at 1:00 pm at
Deerfield Beach City Hall.; Should everything go well, this will be the only
public hearing in Deerfield.
;
We will be getting with each of you regarding presentational material, etc.
;
Also, please plan to attend a pre-meeting at;Keith & Associates Monday at
10:00 am.
;
Regards,
Steve


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.

Option Candlesticks
http://www.carrfut.com/research/Energy1/candlesticks41.pdf

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


Dear Traders,

I have been finding and fixing a great number of transmission deals lately
and I have noticed the following that keeps coming up:

When you put in a deal, please include the wheel if you are using
transmission and be sure to route it properly.
When you schedule transmission for a deal, please be sure to separate light
load hours and heavy load hours and put them in at different prices. (except
Sundays and holidays, which are for the most part at LLH prices all day).

Please also record OASIS numbers in your Deal Entry or in Deal Scheduling
when you request tranny.  Both Deal Entry and Deal Scheduling have fields for
OASIS numbers.  If you don't provide OASIS numbers, I may have to rely on the
counterparty's documentation as proof of # of MW requested.

Here's a cheat sheet of LLH and HLH prices by company:

BPA    LLH $  2.25       HLH $ 5.00
NPC    LLH $ 2.40       HLH $ 3.60
SNO    LLH $ 1.75       HLH $ 2.25
PAC      LLH $  5.84      HLH $ 5.84

Of course, there are stipulations and these prices are not set in stone.
Please use your experience and discretion when entering transmission prices.

Thanks guys,

Virginia


Scott- I discussed the sale of Mariner's deepwater assets with Dave Gorte and he confirmed that any sale would require both creditors committee and bankruptcy court approval prior to consummation of the deal. We don't believe there would be any issue with the sale. I hope this is consistent with your understanding. Rick Buy


Randy,

Attached is a clean version and a redlined version of the above-referenced
document which incorporates the changes that we discussed with the exception
of the end of Section 4.2, Section 4.5 and Section 4.6.  That language was
added based on what our credit department wants.  Please review and call me
with any comments (713) 853-5705.

Thanks,

Stacy


<Embedded Picture (Device Independent Bitmap)>


Start Date: 4/15/01; HourAhead hour: 7;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041507.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 7 / Preferred: -925.00 / Final: -904.80)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TRADING_SC: DETM
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 7 / Preferred: -525.00 / Final: -513.24)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TRADING_SC: DETM
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TRADING_SC: SETC
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 7 / Preferred:   0.43 / Final:   0.14)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE1
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 7 / Preferred:   4.73 / Final:   1.58)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 7 / Preferred:  43.29 / Final:  14.76)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  SC_ID: EPMI


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.

Option Candlesticks
http://www.carrfut.com/research/Energy1/candlesticks51.pdf

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


Welcome Back!!

This information is for the private use of the recipient and may not be disclosed to any other entity (including affiliates) without the prior written consent of Enron North America.  All of the above prices are "indicative" prices  and are subject to change depending upon changing market conditions and liquidity.  The transactions are also subject to negotiation of mutually acceptable definitive agreements, satisfactory credit arrangements and the approval of the respective management's of our two companies. This term sheet is not intended to create a binding or enforceable contract nor is it an offer or a commitment to enter into any transaction.  All terms are subject to change until  agreement as to a specific transaction has been reached.  ENA is not acting as a fiduciary or advisor and you should evaluate and understand the terms, conditions, and risks of all transactions in making your decisions with respect thereto

Mark D. Smith
Manager
Enron North America
713-853-6601
Mark.Smith@enron.com


I heard Whalley was neutral to the London Clearing thing.

My take on it is that we want both the trade and the information associated with it like who it was, etc.  In theory, that is true.  The question is that in reality, is that sustainable.  In gas and power U. S., other than ICE we are able to do that for the most part.

Andy Zipper had a good idea and is focusing on a subset of this which is finding a way for hedge funds, institutions and locals to get at our liquidity through a clearing agent.  These entities do not transact currently on EnronOnline because of credit restrictions so if we could set up a master user, like a clearing agent, then the agent would set up sub users like the funds and/or locals.  This should not effect Whalley's concern because all these trades, though anonymous, would be incremental.

Your thoughts?

GP

 -----Original Message-----
From: 	Sherriff, John
Sent:	Thursday, May 24, 2001 8:39 PM
To:	Justin Boyd/Enron@EUEnronXGate@ENRON
Cc:	Whalley, Greg; Michael Brown/Enron@EUEnronXGate@ENRON; Piper, Greg; Zipper, Andy
Subject:	Re: Recommended Offer by ICE for IPE Holdings

My view is that we should go ahead and accept the ICE offer.  Please proceed with
the acceptance offer unless someone has a strong objection in which case let's
discuss on Tuesday.

John

From:	Justin Boyd/Enron@EUEnronXGate on 24/05/2001 09:57
To:	Greg Whalley/HOU/ECT@ECT, John Sherriff/LON/ECT@ECT, Michael Brown/Enron@EUEnronXGate, Greg Piper/ENRON@enronXgate, Andy Zipper/ENRON@enronXgate
cc:

Subject:	Recommended Offer by ICE for IPE Holdings

This is to point out to you the approaching deadline for accepting ICE's Offer for IPE Holdings.  If we wish to accept this Offer, we must do so no later than 3 pm on Tuesday 29 May.

In the meantime, Michael has received calls from Richard Ward (IPE's CEO) inquiring as to our position, and it would be my view that we should accept the Offer. (Note that if ICE receives acceptances of 90% or more, then our shares in IPE Holdings will in any event be mandatorily acquired.  And assuming that such level of acceptances will be received, there is no reason for not accepting the Offer).

Please would you let me know whether you wish to accept the Offer.  Ideally, if we are to do so, I would plan to send the acceptance by close of business on Friday 25 May.

Thanks
Justin


Joe,

This is the most recent offer from Lacima
(weather derivatives course). What do you think?

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/19/2001
07:15 PM ---------------------------

"Julie" <julie@lacimagroup.com> on 02/19/2001 03:19:45 PM
Please respond to "Julie" <julie@lacimagroup.com>
To: "VinceJKaminski" <Vince.J.Kaminski@enron.com>
cc:
Subject: Re: weather course

Vince,
Enron is fine (although I think we have to pay for the Hyatt anyway).
?
Good discount (I have a feeling that my idea of a good discount and the
weather desk's idea is probably different?):? for the one day, $1100 per
person.? If you think that there will be?around 10 people or more,  then we
can offer a day rate, regardless of the number of people.?
?
Thanks Vince
?
Julie
?
PS - Of course when I announced that we were cancelling, people started
responding that they wished to attend.? Ugh!
?
----- Original Message -----
From:  Vince.J.Kaminski@enron.com
To: Julie
Cc: Vince.J.Kaminski@enron.com
Sent: Friday, February 16, 2001 4:05  PM
Subject: Re: weather course

Julie,

Enron location makes more sense. No reason to  pay for the hotel.
Also, I think that one day makes more sense.

I  contacted the weather desk about including other people at the  training
course. I think that they would be interested if they got a good  discount.

Vince

"Julie" <julie@lacimagroup.com> on  02/16/2001 09:39:37 AM

Please respond to "Julie" <julie@lacimagroup.com>

To:??  <Vince.J.Kaminski@enron.com>
cc:
Subject:?  Re: weather course

Vince,

Great. Just to let you know,  we decided not to wait on the indecisive
ones, and postponed the open  course. It's yours, whatever you want: ? 1
day (specific to what you  feel will be of the most benefit), 2 days, Hyatt
or? Enron, or not at  all. I hope this doesn't cause problems for you.
Special deal, for sure. I  owe my godfather.

Julie

----- Original Message  -----
From:? Vince.J.Kaminski@enron.com
To:  Julie
Cc: Joseph.Hrgovcic@enron.com
Sent:  Thursday, February 15, 2001 3:16? PM
Subject: Re: weather  course

Julie,

That's definitely an option.

We  can? provide the room. Maybe we can cut with you a special deal  for
Enron
and? increase the # of people attending. I am forwarding  your message to
our? weather  desk.

Vince

Joe,

What do you think about?  it?

Vince

"Julie" <julie@lacimagroup.com> on?  02/15/2001 08:20:24 AM

Please respond to "Julie" <julie@lacimagroup.com>

To:  ? "VinceJKaminski" <Vince.J.Kaminski@enron.com>
cc:
Subject:  ? weather course

Vince,

We just wanted to let you  know? that we only have 3 people signed up for
the
weather  derivatives course? (all from Enron) so far. We have a couple  more
that have expressed strong? interest, but we are awaiting their  final
decision. If no one else signs? up, Chris and Les thought that  you guys
could probably get through the? first day pretty easily, and  thus thought
it
may be an option to teach just? the 2nd day  material (pricing) only at
Enron
(doing it at the Hyatt is an?  option as well but the room might be on the
large side)? We would?  obviously reimburse you for the day not taught. We
can teach both days  as? well, but thought you may want to save some time.

I just  wanted to give? you some time to think about it. We will know where
we  stand on final? numbers by next?  Wednesday.

Julie


I can benchpress 70 lbs now. Cool, eh? oh yeah baby. So no luck with the soccer gig? I'm sure you'll get faster it'll just take some time. I'm still running slower than I should be which sucks, but hey you just gotta keep going. I've definitely made noticable progress which helps keep me motivated, but it's still kinda annoying-but in a good motivational way.

on another note, did you see that special sauce band when they played?

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Wednesday, July 25, 2001 2:50 PM
To:	Hyde, Crystal
Subject:	RE: What up?

Sweet work on the weights.  You're lucky you can see the X games.  I am at a horrible angle and cannot see a damn thing.  I have been playing soccer again with limited success.  I have to be the slowest bastard on the field.  It's really frustrating, I am hoping my knees get healed so that I can finally play like I used to.  I have NO idea about a party at 2 in the afternoon.  I am thinking it is like a Tupperware party and that alcohol will not be provided...But...

 -----Original Message-----
From: 	Hyde, Crystal
Sent:	Wednesday, July 25, 2001 2:25 PM
To:	Williams III, Bill
Subject:	RE: What up?

I'm just sittin back here (WAY BACK HERE) trying to watch the X games on the TV up front. My workout was very very good.  I've been running and/or weigh training at lunch for the past month. I feel so much better when I workout. It's helped me deal with my work issues. Anyhow, yes I did get invited to that candlelight party thing. First of all, I don't even know who Erin Hall is. Secondly, I have no idea what a candlelight party is, but it sounds lame. 2 in the afternoon? Candlelight? What is that all about? So, I'll talk to ya later gator.

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Wednesday, July 25, 2001 2:12 PM
To:	Hyde, Crystal
Subject:	What up?

What up?  How was your workout at lunch?
Did you get that email on the "candlelight party"... and what the hell is a candlelight party?
B


I LOVE YOU BABY
dq


Comrades:

How goes the phoning endeavor? Let me know if you are
having any troubles with numbers, names, mysterious
questions or what have you.

Remember the reception for the new admits this
Thursday during the break.  If you can be there, your
presence will be helpful in cementing the connections
we are building.

Thanks very much, JT

__________________________________________________
Do You Yahoo!?
Yahoo! Auctions - buy the things you want at great prices
http://auctions.yahoo.com/


I extended deal 559947 (Pool sale) thru the 31st, a volume of 27935 per day.

I changed storage deal 456379 from 196985 to 46985 on the 31st ONLY!!

Joann,  for Jan, we are selling New Power 31,679 out of the pool and 25893
from other sources (AO6, Broad Run, Delmont, and Monclova - this includes the
AO6 they are buying from us).  Which means we should only have 3844 out of
the pool.

Actually the citygate and storage should be as follows

Vol Comment
3844 Out of the pool
25893 Other receipt supply
xxxx Storage - and this should match whats on the storage ticket.


Yes, this is issue is still around.

Thomas, I had some correspondence faxed to you today.  In it SW is clearly
taking the position that the damage to the generator occured after delivery
under the contract.  I thought you addressed that well in your memo, however,
I have another question.  What impact does the use of DDP (Incoterms) have?
Is it just one more part of the contract to be taken as a whole, or might it
have some greater significance?

Will the passage of ROL impact the LD claim?  I assume not, but I want a
sanity check.

Thanks,

Kay

"Thomas Hetherington" <thetherington@bracepatt.com> on 12/19/2000 09:47:11 AM
To: <kay.mann@enron.com>
cc: <richard.b.sanders@enron.com>

Subject: Westinghouse 501d memo

Attached is a legal memo regarding Westinghouse's delivery obligations with
respect to the 501D5A gas turbine generator package.  I will forward you an
additional copy by fax.

TFAH


[IMAGE]
You are receiving this Special  Offer as a valued iExpect.com member. If you do not wish to
receive any Special Offers from us in the future, please click here   to unsubscribe.[IMAGE]


I have been working with legal (Gerald Nemec) on the precedent agreement for
the referenced open season.  I'll forward the next version so that you may
review it. My goal is to have everything prepared by the end of this week.

How is everything going with Calpine? I have been advised that I can begin
discussions with Calpine - Unless instructed otherwise, I'll start those
discussions tomorrow.

The executed PA's are due at 5:00 MST on Wednesday, January 31. Who will be
available to sign the documents? Plan is to have the documents prepared in
the name of the LLC which will require an ENA guarantee at a later date.

Please advise.

Regards,

Stephanie
x31688


The original message was received at Fri, 23 Mar 2001 18:32:33 GMT
from mailman.enron.com [192.168.189.66]

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Subject: I'm Leaving Enron
To: David_Aamodt@pgn.com, dapnucc@teleport.com, dick@pnucc.org,
        seabron.adamson@frontier-economics.com, Frank_Afranji@pgn.com,
        raa@vnf.com, Joseph.Alamo@enron.com, ajaldrich@snopud.com,
        Jeff.Alexander@enron.com, Al.Alexanderson@enron.com,
        Keonee.Almaida@enron.com, hollis.alpert@ferc.fed.us,
        Brenda.Anderson@enron.com, angles@howry.com,
        Alan.B.Aronowitz@enron.com, gdb@vnf.com, npbaker@bpa.gov,
        ellen@tca-us.com, paulb@citizenspower.com, paulb@citizenspower.com,
        garybarbour@email.msn.com, jbartus@cammckenna.com,
        glynda.becker@mail.house.gov, Samuel.Behrends@enron.com,
        bbennett@bpa.gov, sberman@hewm.com, ramsen.betfarhad@mail.house.gov,
        KBILAS@SKADDEN.COM, sbooye@Skadden.com, raymond.r.boyce@state.or.us,
        tbradley@bracepatt.com, scott.brattebo@pacificorp.com,
        sbrose@steptoe.com, sbuchheit@bracepatt.com, alanb@wutc.wa.gov,
        Jim.Byrne@enron.com, vergil.cabasco@mail.house.gov,
        johncameron@dwt.com, Doug.Carmichael@enron.com, Ed.Cassidy@enron.com,
        ajchambe@llgm.com, Melissa.Chiechi@enron.com,
elchristensen@snopud.com,
        kevin.clark@ci.seattle.wa.us, rcloward@avistacorp.com,
        david_cohen@rniinc.com, Bill.Comish@enron.com,
        Victor.Contract@enron.com, powerlac@aol.com,
        Frederick.Coolbroth@enron.com, michaelcorrigan@bchydro.bc.ca,
        kcorum@nwppc.org, KCurry@bracepatt.com, wcurry@enron.com,
        gdahlke@paine-hamblen.com, kadaly@mcimail.com, mday@gmssr.com,
        dearing@chelanpud.org, tdeboer@paine-hamblen.com,
        Tom_Delaney@enron.com, sdleonard@earthlink.net, dldorrell@stoel.com,
        Mary.Doyle@enron.com, Jay.Dudley@enron.com, mce2280@idahopower.com,
        michaelearly@earthlink.net, Katherine.Edwards@enron.com,
        rle@givenspursley.com, imaxtrans@aol.com, Chris.Elliott@enron.com,
        sandra.elliott@ferc.fed.us, kerwin@ect.enron.com, dezickson@mwe.com,
        Jim.Fallon@enron.com, fallonr@howrey.com, Elias.Farrah@enron.com,
        Michele_Farrell@pgn.com, dfaulk@puget.com, gfergus@brobeck.com,
        Willard.Fields@enron.com, sfisher@avistaenergy.com,
pfox@bracepatt.com,
        Pat.Franklin@enron.com, John.Frazzell@enron.com,
        ericf@prestongates.com, don.furman@pacificorp.com, segfurst@bpa.gov,
        Jackie.Gallagher@enron.com, craiggannett@dwt.com,
        Alvaro.Garcia@enron.com, sbishop@gibbs-bruns.com, wgibson@nwppc.org,
        ggilbert@ci.tacoma.wa.us, Pat.Gilman@enron.com,
        Alex.Goldberg@enron.com, jlgreene@energyadvocates.com,
        Chris_Groener@mail.house.gov, Mary.Groggin@enron.com,
        Mark.E.Haedicke@enron.com, Stephen.Hall@enron.com,
        steve.c.hall@enron.com, Leo.Hamblin@enron.com, whannaford@NWPPC.org,
        jim.harding@ci.seattle.wa.us, rhardy@hardyenergy.com,
kharri@puget.com,
        Steve_Hawke@pgn.com, dhawkins@caiso.com, marc.hellman@state.or.us,
        Scott.Helyer@enron.com, mhenry@bracepatt.com, dwmp@teleport.com,
        rhornby@tca-us.com, mhornst@aol.com, dhuard@jmbm.com,
        Marlene.Huntsinger@pgn.com, cfi1@tca-us.com,
        Richard.Ingersoll@enron.com, pljacklin@stoel.com, montrey@aol.com,
        danj@cfmdc.com, kgjohnson@bpa.gov, ljohnson@pwrteam.com,
        Karen.E.Jones@enron.com, mkanner@kannerandassoc.com,
        karid@perkinscoie.com, pkaufma@ect.enron.com, Paul.Kaufman@enron.com,
        Jeffrey.Keeler@enron.com, Devon Kehoe <devon_kehoe@mentorg.com>,
        James.Keller@enron.com, Joe.Kelliher@mail.house.gov,
kkennedy@bdbc.com,
        Rick.Kessler@enron.com, rdking@bpa.gov, Harry.Kingerski@enron.com,
        Harry.Kingerski@enron.com, rsk@schwabe.com, gwilliams8@austin.rr.com,
        John.Klauberg@enron.com, Holli.Krebs@enron.com, ekrogh@wiredweb.com,
        blafferty@avistacorp.com, wdlamb@bpa.gov, John.Lamb@enron.com,
        Therese.Lamb@enron.com, srlarson@bpa.gov,
        Cindy_Tatham@co.washington.or.us, zora.lazic@bchydro.com,
        kaleathley@bpa.gov, pamela_lesh@pgn.com, Debi.LeVine@enron.com,
        lcg@europa.com, doug.little@powerex.com, Robert.Loeffler@enron.com,
        Chris.Long@enron.com, sjlong@bpa.gov, rlopezv@www.conet.com.mx,
        david_lucio@iep.illinova.com, king.lum@bchydro.bc.ca,
        kevin.lynch@pacificorp.com, Mark.Maehr@enron.com,
        Randal.T.Maffett@enron.com, John.Malowney@enron.com,
        Sueyen.Mao@enron.com, Susan.J.Mara@enron.com, Susan.J.Mara@enron.com,
        Lee.Martin@enron.com, maurw@perkinscoie.com, Wayne.Mays@enron.com,
        Michael.McCall@enron.com, Sandra.McCubbin@enron.com,
        Travis.McCullough@enron.com, Michael.McDonald@enron.com,
        brugen@erols.com, mckinley@wpuda.org, mcm@vnf.com, mcnichol@wapa.com,
        shauna@pnucc.org, Maureen.McVicker@enron.com, pmeringolo@brobeck.com,
        demetcalf@bpa.gov, cemeyer@bpa.gov, jmilegich@sppc.com,
        fred_miller@pgn.com, Jeffrey.Miller@enron.com,
        jerry.miller@pacificorp.com, Laura.Miller@enron.com,
        scott.miller@ferc.fed.us, Bill.Miner@enron.com,
        phil_moeller@gorton.senate.gov, pmohler@hewm.com, emoler@velaw.com,
        nkmorgado@bpa.gov, Mike@tonkon.com, krmoxness@bpa.gov,
        mmps@millcreeklaw.com, pmurphy@mbllp.com, terrym@millcreeklaw.com,
        bmurtha@acy.sunint.com, Rich.Nassief@enron.com, tod@mgninc.com,
        Douglas_Nichols@pgn.com, Patty.Nichols@enron.com,
        Christi.Nicolay@enron.com, tmnoguchi@bpa.gov, darcy@tonkon.com,
        Sarah.Novasel@enron.com, Sarah.Novosel@enron.com,
        Tom.O'Donnell@enron.com, PObenchain@idahopower.com,
        Pegy.Olds@enron.com, Carol.Opatrny@enron.com, tpaine@avistacorp.com,
        Dave.Parquet@enron.com, bpascoe@mtpower.com, afpaschke@bpa.gov,
        ccperigo@bpa.gov, wlpernas@stoel.com, lpeters@pacifier.com,
        jill@pnucc.org, Mona.L.Petrochko@enron.com, npickover@bracepatt.com,
        Phillip.Platter@enron.com, Alfred.Pollard@enron.com,
        Walt.Pollock@enron.com, gporter@sppc.com, Kevin.M.Presto@enron.com,
        jquint@puget.com, arlene.ragozin@ci.seattle.wa.us, maraschio@bpa.gov,
        Dale.Rasmussen@enron.com, Scott.Rasmussen@enron.com,
        Bobby.Reeves@enron.com, preiten@pngc.com, reyna2r@kochind.com,
        shellyr@pacifier.com, Jeff.Richter@enron.com, raroach@bpa.gov,
        atrodrigues@bpa.gov, rarogers@bpa.gov, peterroi@erols.com,
        Rothfelder@rlo-law.com, Richard.Sanders@enron.com,
jsaven@pacifier.com,
        Michael.Schilmoeller@enron.com, jschlect@avistacorp.com,
        Sabine.Schnittger@frontier-economics.com, Diana.Scholtes@enron.com,
        Roger.Seifert@enron.com, Cara.Semperger@enron.com,
        asettanni@bracepatt.com, Richard.Shapiro@enron.com, vsharp@enron.com,
        msmith1@enron.com, Joshua.Sheinkman@enron.com, jshurts@nwppc.org,
        Sid@enron.com, msizer@ci.tacoma.wa.us, slavens.paula@deps.ppl.com,
        small@wrightlaw.com, small@wrightlaw.com, douglas.smith@ferc.fed.us,
        Mike.Smith@enron.com, Roger.Smith@enron.com,
        Larry.Soderquist@enron.com, Harvey.Spigal@enron.com,
        mstauffer@mtpower.com, James.D.Steffes@enron.com,
        James.D.Steffes@enron.com, mestewardpsedc@worldnet.att.net,
        JKStier@BPA.gov, rbstrong@paine-hamblen.com, DASwanstrom@Verner.com,
        Mike.Swerzbin@enron.com, tabors@tca-us.com, Ron.Tapscott@enron.com,
        James.K.Tarpey@enron.com, Jake.Thomas@enron.com,
        ryan_thomas@burns.senate.gov, jrt2058@idahopower.com,
        maryann@pnucc.org, mtierney@sempra.com, robin_tompkins@pgn.com,
        Ann.Tumlinson@enron.com, AW.Turner@enron.com, Sheila.Tweed@enron.com,
        Lisa.Urick@enron.com, rvermeers@avistacorp.com,
        Frank.W.Vickers@enron.com, John.Walley@enron.com,
        kristiwallis@sprintmail.com, walshl@howrey.com, swalton@enron.com,
        Steve.Walton@enron.com, kaward@bpa.gov, Kim.Ward@enron.com,
        Carol.Wardell@enron.com, dwatkiss@bracepatt.com, sawatson@bpa.gov,
        judy.welch@NWPP.ORG, 211-6155@MCIMAIL.COM, Kwenzel@zzz.com,
        cwestadt@sppc.com, Brian.Whalen@enron.com, Bill.Williams@enron.com,
        klwmtp@worldnet.att.net, lyn_williams@pgn.com, Greg.Wolfe@enron.com,
        Vickie.Wolk-Laniewski@enron.com, Ed.Wood@enron.com, mwood@stoel.com,
        Steve.Wright@enron.com, Teresa.L.Wright@enron.com, WSCC@enron.com,
        Charles.Yeung@enron.com, Christian.Yoder@enron.com,
        Steven.J.Kean@enron.com, Steve.Kean@enron.com,
        Travel.in.the.Park@enron.com, D.Brett.Hunsucker@enron.com,
        Carla.Hoffman@enron.com, Bernadette.Hawkins@enron.com,
        Joe.Hartsoe@enron.com, Donna.Fulton@enron.com, Roger.Fragua@enron.com,
        James.B.Fallon@enron.com, Michael.Etringer@enron.com,
        Terry.W.Donovan@enron.com, Stacy.Dickson@enron.com,
        Ginger.Dernehl@enron.com, Rhonda.L.Denton@enron.com,
        Jeff.Dasovich@enron.com, Sean.Crandall@enron.com,
Tom.Briggs@enron.com,
        t.briggs@enron.com, Stacey.Bolton@enron.com, dbenevid@enron.com,
        dbenevid@enron.com, Tim.Belden@enron.com, Robert.Badeer@enron.com,
        Phillip.K.Allen@enron.com, Alan.Comnes@enron.com, Lysa.Akin@enron.com,
        Portland.West.Desk@enron.com, assad@elektro.com.br,
        Alan.Comnes@enron.com, Alberto.Levy@enron.com, Aleck.Dadson@enron.com,
        Allison.Navin@enron.com, Amy.Fabian@enron.com,
        Barbara.A.Hueter@enron.com, Bernadette.Hawkins@enron.com,
        Bill.Moore@enron.com, cristinah@elektro.com.br,
        Carlos.Gustavo.Azevedo@enron.com, Carmen.Perez@enron.com,
        Carolyn.Cooney@enron.com, Charles.Yeung@enron.com,
        Chauncey.Hood@enron.com, Chris.Long@enron.com,
        Christi.L.Nicolay@enron.com, Cynthia.Sandherr@enron.com,
        Damon.Harvey@enron.com, Dan.Staines@enron.com,
        Daniel.Allegretti@enron.com, Dave.Mangskau@enron.com,
        Donald.Lassere@enron.com, Donna.Fulton@enron.com,
        Eidy.Catala@enron.com, Elizabeth.Linnell@enron.com,
        Frank.Rishe@enron.com, Geriann.Warner@enron.com,
        Ginger.Dernehl@enron.com, Gisele.S.Braz@enron.com,
        Gloria.Ogenyi@enron.com, Guillermo.Canovas@enron.com,
        Harry.Kingerski@enron.com, Howard.Fromer@enron.com,
        James.D.Steffes@enron.com, Janine.Migden@enron.com,
        Javier.Pantoja@enron.com, Jean.R.Dressler@enron.com,
        Jean.Ryall@enron.com, Jeff.Brown@enron.com, Jeff.Dasovich@enron.com,
        Jeffrey.Keeler@enron.com, Joao.Paixao@enron.com, Joe.Allen@enron.com,
        Joe.Connor@enron.com, Joe.Hartsoe@enron.com, Joe.Hillings@enron.com,
        Jose.Bestard@enron.com, Joseph.Alamo@enron.com,
        Kathleen.Sullivan@enron.com, Kerry.Stroup@enron.com,
        Kikumi.Kishigami@enron.com, Kirsten.Bellas@enron.com,
        Lara.Leibman@enron.com, Laurie.Knight@enron.com,
        Leslie.Lawner@enron.com, Linda.J.Noske@enron.com,
        Linda.Robertson@enron.com, Lindsay.Meade@enron.com,
        Lisa.Yoho@enron.com, Lora.Sullivan@enron.com, Luiz.Maurer@enron.com,
        Lysa.Akin@enron.com, Marchris.Robinson@enron.com,
        Marcia.A.Linton@enron.com, Marcie.Milner@enron.com,
        Mary.Hain@enron.com, Maureen.McVicker@enron.com,
        Melinda.Pharms@enron.com, Michelle.Belzak@enron.com,
        Mona.L.Petrochko@enron.com, Nancy.Hetrick@enron.com,
        Patrick.Keene@enron.com, Ray.Alvarez@enron.com,
        Rebecca.W.Cantrell@enron.com, Ricardo.Charvel@enron.com,
        Richard.Ingersoll@enron.com, Richard.Shapiro@enron.com,
        Robert.Frank@enron.com, Robert.Hemstock@enron.com,
        Robert.Neustaedter@enron.com, Robin.Kittel@enron.com,
        Ron.McNamara@enron.com, rboston@enron.com, Rubena.Buerger@enron.com,
        Sandra.McCubbin@enron.com, Sarah.Novosel@enron.com,
        Scott.Bolton@enron.com, Sergio.Assad@enron.com, Stella.Chan@enron.com,
        Stephen.D.Burns@enron.com, Steve.Montovano@enron.com,
        Steve.Walton@enron.com, Steven.J.Kean@enron.com, Sue.Nord@enron.com,
        Susan.J.Mara@enron.com, Susan.M.Landwehr@enron.com,
        Terri.Miller@enron.com, Thane.Twiggs@enron.com, Tom.Briggs@enron.com,
        Tom.Chapman@enron.com, Tom.Delaney@enron.com, Tom.Hoatson@enron.com,
        Tracy.Cooper@enron.com, Valeria.Lima@enron.com,
Vinio.Floris@enron.com,
        Xi.Xi@enron.com, Steven.J.Kean@enron.com, Jeffrey.Keeler@enron.com,
        Christi.L.Nicolay@enron.com, Sarah.Novosel@enron.com,
        Robert.Frank@enron.com, Lara.Leibman@enron.com,
        Gloria.Ogenyi@enron.com, Richard.Shapiro@enron.com,
        Leslie.Lawner@enron.com, Paul.Kaufman@enron.com,
        Aleck.Dadson@enron.com, Daniel.Allegretti@enron.com,
        Howard.Fromer@enron.com, Joe.Hartsoe@enron.com, rboston@enron.com,
        Janine.Migden@enron.com, Christie.Patrick@enron.com,
        Jane.Wilson@enron.com, Rhonda.L.Denton@enron.com,
        kmagruder@newpower.com, scovino@newpower.com,
Rebecca.Carter@enron.com,
        Shelley.Corman@enron.com, Janet.Butler@enron.com,
        Kevin.M.Presto@enron.com, Brad.Richter@enron.com,
Greg.Piper@enron.com,
        Kevin.McGowan@enron.com, Kim.Ward@enron.com, Leslie.Reeves@enron.com
Date: Fri, 23 Mar 2001 10:24:18 -0800
Message-ID: <OFCFA12BE4.1A65CFD4-ON88256A0F.00666A9C@enron.com>
X-MIMETrack: Serialize by Router on ENE-MTA01/Enron(Release 5.0.6 |December
14, 2000) at
 03/23/2001 12:29:04 PM
MIME-Version: 1.0
Content-type: text/plain; charset=us-ascii

I am going to be the Senior Regulatory Counsel at ISO New England starting
on April 9, 2001.   My last day in the Portland area will be March 31,
2001.  I enjoyed working with you and wish you the best of everything.  My
new address will be:

Mary Hain
Senior Regulatory Counsel
ISO New England Inc.
One Sullivan Road
Holyoke, MA  01040-2841
(413) 535-4000
mhain@ISO-NE.com


Celeste,

I am sending you the resume of David Gershenson, an MBA student from Wharton.
He is interested in a summer internship with Enron and I shall be glad
to take him.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/17/2001
01:34 PM ---------------------------

"Chen, Vincent" <chenvinc@wharton.upenn.edu> on 01/17/2001 02:35:00 AM
To: Vince.J.Kaminski@enron.com
cc: "Gershenson, David" <gershend@wharton.upenn.edu>
Subject: Enron Cover Letter & Resume for Dave Gershenson

Vince, I am passing along a cover letter and resume for my classmate and
friend, Dave Gershenson, who is very interested in working for Enron this
summer. He is working on Reliant Energy's Tiger Team this quarter. Please let
us know if you have any questions.

Thanks much and see you Friday!
Vincent
--------------------------------------------
Vincent Y Chen
MBA Candidate, Class of 2002
The Wharton School
University of Pennsylvania
chenvinc@wharton.upenn.edu

>  -----Original Message-----
> From:  Gershenson, David
> Sent: Tuesday, January 16, 2001 6:24 AM
> To: Chen, Vincent
> Subject: Enron Cover Letter & Resume
>
> Vincent,
>
> Please find attached a cover letter and resume for the Enron summer finance
internship.  As we discussed, I would appreciate it if you could pass these
along to your Tiger Team contact, Mr. Kaminski.
>
> Thanks,
> Dave
>
> >  <<Enron Letter.doc>> > >  <<Dave Gershenson.doc>>

 - Enron Letter.doc
 - Dave Gershenson.doc


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Ok, eagle eye, here's the override for your one train deal.


To All Invitees:

The dinner honoring GISB's dedicated class instructors will be held on
Thursday, December 14, 2000 rather than Friday, December 15 at the Houston
Petroleum Club, 800 Bell Avenue at 6:30pm on the 43rd Floor - Vintage Room.
Please come help us show these instructors how very much we appreciate their
efforts on behalf of the natural gas industry.

RSVP: Veronica Thomason at gisb@aol.com


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/30/2001
05:51 PM ---------------------------

"Btu" <subs@btu.net> on 03/30/2001 05:42:52 PM
To: "Btu Weekly" <>
cc:
Subject: Btu Weekly

Attached is the latest issue of Btu Weekly.

e-mail: info@Btu.net
phone: 732-758-8222
fax: 732-758-8286

 - wg040201.pdf


Steve,

My feedback on Kirstee.

Vince

Steven Leppard
11/20/2000 03:59 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Shirley Crenshaw/HOU/ECT@ECT
Subject: Urgent - PRCs

Hi Vince

I'm urgently trying to chase you up for PRC feedback on Kirstee and Matt. Our
PRC meeting is at 3pm GMT (9am for you), so if you're able to do them as soon
as you receive this I'd be very appreciative.

All the best,
Steve


Everyone,

The current value of existing fmtm is ($3.2MM).  Fred and this customer have
had a falling out and the customer has decided to unwind his position and
take his business elsewhere.  Because of this, an opposite trade was entered
into that exactly reciprocated like terms.  This trade has not yet been
confirmed and is currently pending credit.  As a cost of agreeing to do this,
the customer was to provide $5.25/bbl on the remaining 92,000 barrels.  This
amount totals $483,000 which, in the normal course of doing business, is owed
and due as of tommorrow, September 13.  Fred and his customer, while I was
listening on a taped line, agreed to structure settlement of trade NY9319 as
such:

Amounts to be paid;

$483,000 Premium Payment Owed and Due
$192,375 Amount ENA owes this customer for Sept financial settlement - being
withheld and netted against the $483M
$290,625 net amount to be financed until final payment is made on September
30.
$1,353  amount of interest on the principal, using interest rate of 10%, 17
days of tenor
$291,978 exact amount to be paid on September 30

Please structure the above referenced terms into appropriate language for the
confirmation of trade NY9319 and provide such language to the confirmation
desk.

Original deal done March 3, 2000:  NB4261

ENA Long Call 28.30  1,000/bbls/d Oct-Dec'00
ENA Short Put 22.50  1,000/bbls/d Oct-Dec'00
ENA Long Put 18.50  1,000/bbls/d Oct-Dec'00

New deal done September 11, 2000:  NY9319

Customer Long Call 28.30   1,000/bbls/d Oct-Dec'00
Customer Short Put 22.50  1,000/bbls/d Oct-Dec'00
Customer Long Put 18.50  1,000/bbls/d Oct-Dec'00

Let me know if I can be of any further assistance.

Thanks
Brant


All

A reminder that you are scheduled to interview for the Trading Track Thursday,  November 1st, from 2.00 pm onwards.   Resumes and schedules will be forwarded to you shortly.

Regards,

Karen Buckley


---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 10/30/2000
05:55 PM ---------------------------

Benjamin Rogers
10/30/2000 05:29 PM
To: JDaigh@Utilicorp.com
cc:
Subject:

John:
Here is the '01 Operating Budget.  Please let me know if you have any more
questions.  Thanks!
Ben


Your DC team -  Hillings and then Briggs were instrumental in pressuring the
Bolivian Government to pass new transportation regulations.  It looks like
the regulations are 90 % ok - and better than the old ones. -  your team got
the right pressure points and applied them well.

Thanks

Pete


Gotta check out the link below.

EM
---------------------- Forwarded by Errol McLaughlin/Corp/Enron on 05/04/2001
09:36 AM ---------------------------

	Enron North America Corp.

	From:  Joey Taylor                           05/04/2001 09:28 AM

To: Derek Bailey/Corp/Enron@ENRON
cc: Errol McLaughlin/Corp/Enron@ENRON

Subject: FW: Stick fighting

---------------------- Forwarded by Joey Taylor/NA/Enron on 05/04/2001 09:27
AM ---------------------------

"Bluhm, Jerry" <JBluhm@tractebelusa.com> on 05/04/2001 09:18:13 AM
To: "'Alter, Jeffrey'" <jalter@fulbright.com>, "'Joey Bluhm'"
<jmb0202@hotmail.com>, "'Joey.Taylor@enron.com'" <Joey.Taylor@enron.com>
cc:

Subject: FW: Stick fighting

>
>
>  http://members.brabant.chello.nl/~a.mert/fight.swf


Hi Corey -

My champion, hero, angel - I think I have made a major mistake!!!  I thought
I had tickets to Mark McGuire's team for May 12, but it is the Cinncinatti
Reds!!!  I am so sorry.  Is that going to be o.k.?  That's  what I get for
thinking I know anything about baseball.

Look forward to hearing from you!!

Love,

Aunt Rosie


Hey Melba -- We would like to create a new product with the following product
name:  EPNG SoCal Ehr.  This product name should be used under the product
type US Gas Phy.  The description should contain the same language as the
EPNG SoCal Topk product except the word "Ehrenberg" should be substituted
every time the word "Topock" appears.

We would also like to create physical index products for this trading point,
but we need to change the short description of the current NGI SoCal index
product to allow for the addition of the specific point name, and we would
also have to change the description of the original index product as well.

I left you a message to call me if you can today.  Thanks.


----- Forwarded by Mark Taylor/HOU/ECT on 08/29/2000 11:24 AM -----

	AShaw@milbank.com
	08/28/2000 10:43 PM

		 To: amanda.angelini@ssmb.com, rick.caplan@ssmb.com, steve.incontro@ssmb.com,
Stephen.Thatcher@citicorp.com, thomas_musarra@ustrust.com,
dfdevine@jonesday.com, doug.mcdowell@enron.com, gareth.bahlmann@enron.com,
Fcochran@velaw.com, acurry@velaw.com, mary.cook@enron.com,
craig.clark@enron.com, ryan.siurek@enron.com, clint.walden@enron.com,
kevin.d.jordan@enron.com, mark.taylor@enron.com,
brent.vasconcellos@enron.com, annmarie.tiller@enron.com
		 cc: EMoser@milbank.com, RRichards@milbank.com
		 Subject: Message from Ray Richards re: Delta

Attached below please find the following revised documents (each marked to
show the changes that were agreed to at Closing):

1.? Enron-Citibank Swap Confirmation;
2.? Enron-Citibank Credit Support Annex;
3.? Enron-Delta Swap Confirmation; and
4.? Enron-Delta Credit Support Annex.

Best regards,
Ray Richards

 <<Enron-Citi Swap Confirmation.doc>>  <<Enron-Citi CSA.doc>>  <<Enron-Delta
Swap Confirmation.doc>>  <<Enron-Delta CSA.doc>>

This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee
or agent responsible for delivery of this message to the intended
recipient(s), you are hereby notified that any dissemination,
distribution or copying of this e-mail message is strictly prohibited.
If you have received this message in error, please immediately notify
the sender and delete this e-mail message from your computer.

 - Enron-Citi Swap Confirmation.doc
 - Enron-Citi CSA.doc
 - Enron-Delta Swap Confirmation.doc
 - Enron-Delta CSA.doc


Please, find attached an excel spreadsheet that was reviewed and updated by
the environemtnal team on January 12, 2000.

This spreadsheet is an evergreen document it is for your review and submittal
to operations.  This document will be reviewed by the team again between the
period June 1, 2000 to December 31, 2000.

Environmental Team


Tana/Karen:

The product long description below will fall under the new product type US
ResiOil Swap.  Credit (Tom Moran) has approved copying the profiles for the
new product type from the following:

US Oil HSFO Fin Swap

Please respond by 10 a.m. on Tuesday, February 27.

Thank you.
Stephanie
---------------------- Forwarded by Stephanie Sever/HOU/ECT on 02/23/2001
05:27 PM ---------------------------

From:  Lisa Lees
02/23/2001 11:23 AM

To: Tom Moran/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT
cc: Stephanie Sever/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Melba
Lozano/HOU/ECT@ECT, Chris Walker/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON
Subject: New Product Type (US ResiOil Swap)

Just a "heads up".  This product will be uploaded next week.  Stephanie will
coordinate with you between today and Monday regarding profiles.
---------------------- Forwarded by Lisa Lees/HOU/ECT on 02/23/2001 10:15 AM
---------------------------

Chris Walker
02/23/2001 10:00 AM
To: Matthew Adams/Corp/Enron@ENRON
cc: Robert B Cass/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Kevin
Meredith/Corp/Enron@ENRON, Lisa Lees/HOU/ECT@ECT, Stephanie
Sever/HOU/ECT@ECT, Tara Sweitzer/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT,
Torrey Moorer/HOU/ECT@ECT
Subject: New Product Type (US ResiOil Swap)

Matthew,

Have you had a chance to look at this?

Please let me know if you need additional information.

CW

I need a sigma factor for the following product type.

Thanks,

Chris Walker
3-7533

US ResidOil Swap Platts NY No. 6 1%            Apr01           USD/bl/m

A US Residual Fuel Oil financial Swap Transaction with Enron North America
Corp. under which the Seller pays a Floating Price and the Buyer pays the
price submitted by Counterparty on the Website (the Fixed Price) in each case
in respect of the Notional Quantity per Determination Period. Each calendar
month during the term of the Transaction will be a Determination Period.  The
Notional Quantity per Determination Period shall be the volume for the
relevant Determination Period (calculated using the volume submitted by
Counterparty via EnronOnline).   The Payment Date(s) will be 5 business days
after the Floating Price is determinable.  The Floating Price shall be the
Index for the relevant Determination Period.
The term of the Transaction shall be from the Effective Date of 01 Apr 2001
to the Termination Date of 30 Apr 2001.

The Index shall be the arithmetic average of the mean of the daily quotations
for No. 6, 1% S Max appearing under the heading "New York/Boston Cargo" in
the section entitled "Product Price Assessments" for those issues of Platt's
Oilgram Price Reports published for the applicable Determination Period.

The price is quoted in US Dollars per unit of measure, which will be the
Contractual Currency.

The unit of measure against which the price is quoted shall be Barrels per
month and the quantity shown shall be in Barrels per month.


BUSINESS HIGHLIGHTS

Enron Industrial Markets
The Transaction Development group (TD) is responsible for corporate development, transaction execution and portfolio management activities within EIM.  TD is responsible for asset and corporate acquisitions to support EIM's efforts in the Forest Products and Steel industries.  TD works with EIM's Forest Products and Steel Origination groups to structure and execute complex transactions for EIM's customers.  TD also manages EIM's equity investments, such as EIM's ownership position in Papier Masson, Ltee, a paper mill in Quebec, Canada.

TD is comprised of approximately 20 professionals with a wide range of backgrounds including investment banking, commercial banking, management consulting, law, project development, accounting and engineering.  In addition, the majority of the analysts and associates within EIM work in TD since it provides a strong base of deal experience for junior members of our organization.

Enron Freight Markets
Enron Freight Markets has continued to expand the transportation services offered to its customers and completed several flatbed truck moves outbound from Georgia this week.  There was a shortage of flatbed equipment supply in this market and EFM was able to obtain more than three times the normal margin on each move.

IN THE NEWS

"Enron's bilateral internet trading platform, EnronOnline, was launched in November 1999 and is the largest e-commerce site on the planet based on the value of its transactions.  As EPRM went to press, it had average daily trading volume of $3.5 billion, accounting for nearly 50% of the company's revenues from wholesale marketing activities." -- Energy Power Risk Management, May 2001

WELCOME
New Hires
EIM   - Cheryl Lindeman
ENA  - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale, Sarah Wooddy

Transfers (to or within)
ENA - Grace Taylor, Steven Irvin, Dina Snow

NUGGETS & NOTES

Enron is hosting the Chicago Energy Risk Management Seminar at The Drake Hotel in Chicago on June 14, 2001.  Topics include: Power Outlook, Natural Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper Risk Management. The RSVP deadline is June 8th so please contact Laura Pena as soon as possible at x 3-5376.  This is a great event for "new" as well as established customers.  There will be a cocktail reception immediately after the presentations.  Enron will also be hosting seminars in Atlanta, Houston, Denver and San Francisco.  Dates to be announced soon.

Travel tip of the week:
Flights reserved through Travel Agency in the Park provide you with $150,000 of flight insurance at no additional charge.

EnronOnline Statistics
Below are the latest figures for EnronOnline as of May 29, 2001.

*	Total Life to Date Transactions >  1,015,000
*	Life to Date Notional Value of Transactions > $610 billion

NEWS FROM THE GLOBAL FLASH

Enron arranges first gas pipeline import into Italy
Enron has continued its pioneering activities in the Continental gas market by arranging the first gas import into Italy.  The Italian team worked with the Continental Gas desk to arrange this strategically important agreement with Blugas SpA., the wholesale gas company formed by the municipalities of Cremona, Lodi, Mantova and Pavia in north-eastern Italy.  Enron has sourced 100,000 cubic metres per day of natural gas from northern Europe to transport to Italy, transiting it through Germany and Switzerland, despite fierce resistance from Ruhrgas and TransitGas respectively.

Aside from isolated LNG imports by incumbent monopolies this is the first time that any company has managed to import natural gas by pipeline into Italy since the Italian gas sector was officially liberalised in August 2000. The gas, which started flowing at 06.00 on Thursday 17th May 2001, will be used to meet the needs of two thirds of Blugas' residential customers within the four municipalities. The current contract lasts for five months.

Congratulations to Fabio Greco, Carsten Haack, Didier Magne, Michael Schuh, Marco Lantieri and Daniela Uguccioni.

Enron in the Middle East
Enron has relinquished its stake in Dolphin Energy, the joint venture company formed to develop gas reserves in Qatar.
Enron has agreed to transfer its 24.5 per cent stake in the project to the United Arab Emirates Offset Group (UOG), the majority shareholder. The agreement allows Enron to deploy capital elsewhere and gives UOG the opportunity to seek new partners before the project moves into its next phase.

Development of the Emden/Oude gas hub moves ahead fast
An important milestone in the evolution of the new gas trading hub on the Dutch-German
border was reached last week. Last Friday some of the major European gas players held a meeting to officially establish the Emden/Oude gas hub. Although Enron had already initiated the development of the Emden/Oude hub by making a market through EnronOnline as early as December 2000, the goal of this meeting was to set up a working group similar to the Zeebrugge focus group who can  work on setting a legal framework for the Emden/Oude hub.

Enron was elected as the only new market entrant in this group, reflecting the high level of respect industry peers have for Enron as a major player in the Continental gas market -- even from incumbents!

LEGAL STUFF
The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries.  It is intended for internal use only and should not be disclosed.

<Embedded Picture (Metafile)>


Hello, Liz!   Stan will be on his way to DC on 10-16, so Rod Hayslett (our CFO)  will attend in Stan's behalf.

Thanks,
Cindy

-----Original Message-----
From: Taylor, Liz M.
Sent: Wed 9/26/2001 2:04 PM
To: Blackwood, Connie; Brown, Michael - COO London; Causey, Richard; Chapman, Kay; Colwell, Wes; Delainey, David; Fallon, Jim; Ferrari, Kerry; Ford, Sue; Hillis, Kimberly; Horton, Stanley; Hughes, James A.; Killen, Faith; Lavorato, John; Marshall, Lucy; Mcconnell, Mike; McMahon, Jeffrey; Phillips, Cathy; Piper, Greg; Rapacioli, Marisa; Sherriff, John; Spiller, Tina; Stark, Cindy; Taylor, Liz M.; Tijerina, Shirley; Westbrook, Sharron
Cc:
Subject: Next Scheduled Budget Meeting - 10/16 @ 11:00 a.m. EB32C2

Beginning, Tuesday, Oct. 16 @ 11:00 a.m. in EB32C2 (London @ 5:00 p.m. in RM NE5003) we will resume the weekly "Whalley Budget Meetings."  If you are unable to attend, please notify me and advise me of the name of your representative.

Many Thanks,

Liz Taylor

Exec. Assistant to Greg Whalley

Office of the Chairman

Enron Corporation

Tel.   713.853.1935

Fax   713.853.1838


This is incorrect.  I started in 1976 -  I believe in June.  Please recheck.

                                                               Thank You!


Everything is lumped together, meaning price, basis, and index, in that file.

DG

 -----Original Message-----
From: 	Luce, Laura
Sent:	Monday, February 04, 2002 5:06 PM
To:	Giron, Darron C.
Subject:	RE: Peoples

Do you have quantities at price or is it all calculations?

Thanx,
Laura

 -----Original Message-----
From: 	Giron, Darron C.
Sent:	Monday, February 04, 2002 4:06 PM
To:	Luce, Laura
Subject:	Peoples

This is the last file I sent Dierdre.  It has four tabs.  One summarizes the monthly cash flow into two columns (Peoples Deal and PERC Deal).  The monthly values are PV'd.  The PERC tab is the Lagrasta deals.  The Peoples Deal is broken into two tabs (Baseload Sale and Transport).  The baseload sale includes all of the price fixing deals as well as the index -$.03 deal.  Transport is just that.  I hope this helps.

DG

 << File: PeoplesSummary.xls >>


As the individual responsible within Enron Corp. for coordinating the
analysis of regulatory transfer restriction issues in the above-referenced
project, I wanted to give each of you a brief update, but more importantly,
ask for your help in ensuring, as we move closer to the signing date, that we
are fully coordinated on these issues and are prepared to act in a consistent
and coordinated fashion across the regions as quickly as possible.

Over the last several weeks, the regional general counsel offices, V&E (Bill
Weiland), Skadden and myself have been talking to local counsel across the
regions to make sure that we fully understand all of the regulatory transfer
issues and that we also fully understand the implications of the regulatory
transfer restrictions in the context of the "ABC" deal structure.  We have
now largely completed that process and the conclusions reached during that
process have been memorialized in various documents, including the "ABC
Matrix" that many, if not all of you, have seen.  All that is remaining is
confirmation on a South Korean competition agency issue and the completion of
the analysis relative to the Wind assets in Europe regarding EU competition
agency issues. Those two items should be completed by early next week.  We
have also recently begun the process of preparing documents that will be
necessary for the approval of the transfer of Elektro in Brazil...which
brings me to the second issue, coordination and preparation.

Having reached a critical juncture with the completition of virtually all of
the regulatory analysis, the next step is to plan for the announcement of the
transaction...more specifically, ensuring that regulatory/governmental
communication assignments for both pre and post announcement are fully agreed
upon and understood by all... and that the process of drafting the necessary
requests for regulatory approval documents is agreed upon and begun as soon
as possible.  To ensure that this all happens in a timely manner and with
quality, I would like to request that one individual from each operating
region and company be assigned as the point person so that I can have a
single individual within each operating unit to go to that has the authority
to put together the comprehensive regulatory transfer plan and the
responsibility for assuring the execution of the plan, both during the
periods of time leading up to signing and announcement and during the
transition period leading up to closing.  I would respectfully ask that the
names of these individuals be communicated to me by close of business
Wednesday, August 16, 2000 to provide us sufficient time to address the work
that lies before us.  I have taken the liberty of listing my suggestions for
the responsible individuals (where I have suggestions) for the respective
operating regions/companies, but these are only suggestions and I will defer
to your choices.  Thank you for your assistance and if you have any
questions, feel free to contact me at extension 33407 in Houston or by pager
at 888-740-9949.

Enron South America   Jose Bestard
Enron Wind    Eric B. Newell
India     Jane Wilson
Apachi     Mike Dahlke
CALME     ?


Hi Liz

Michael Brown is looking for some time in Greg's diary to have a conference
call with him today.

Can you let me know what times are good for Greg and Michael will work around
them.

Many thanks

Marisa


The Draft Proposed Decision for the Comprehensive Settlement doesn't specifically address this 50MM/d.  My recollection is that this new capacity was discussed in the SoCal System Adequacy proceeding last summer however the new open access procedures should allow for designating this receipt point capacity from Transwestern.  I'll verify this as soon as they issue the final decision which may be this afternoon.  gh

 -----Original Message-----
From: 	Harris, Steven
Sent:	Wednesday, December 12, 2001 12:11 PM
To:	Hass, Glen; Porter, J. Gregory; Rapp, Bill; Miller, Mary Kay; Kilmer III, Robert; Lokey, Teb; Donoho, Lindy; Lindberg, Lorraine; Lohman, TK; Lokay, Michelle; McConnell, Mark; Watson, Kimberly; Y'barbo, Paul
Subject:	RE: SoCal Unbundling

What about the access to the 50,000/d of new capacity at Needles that was being constructed? Wasn't that part of this proceeding? SoCal had argued that it would go to TW (we needed it for Red Rock).

 -----Original Message-----
From: 	Hass, Glen
Sent:	Wednesday, December 12, 2001 8:31 AM
To:	Porter, J. Gregory; Rapp, Bill; Miller, Mary Kay; Kilmer III, Robert; Lokey, Teb; Donoho, Lindy; Harris, Steven; Lindberg, Lorraine; Lohman, TK; Lokay, Michelle; McConnell, Mark; Watson, Kimberly; Y'barbo, Paul
Subject:	SoCal Unbundling

At yesterdays CPUC meeting the Commission approved on a 3-2 vote the Comprehensive Settlement we supported to unbundle the SoCal system.  This includes open access to their backbone system and receipt point procedures we supported.  I'll distribute the final order as soon as its available with the effective dates and details.  gh


Vince and Stinson,

I would like to thank you for helping me trying to find an Internship. I
really appreciate the attention you gave to me.

I am happy to tell you that I found an internship in my area of interest
with MFRGroup.  It is a consulting company that provides management
consulting, advisory, finance, operations management and information
technology services.  I will be helping them to develop a new business
related with e-commerce B-to-B.

From now on, I will be concentrating my efforts in finding a full time
position, because I will graduate at the end of the year.  I do not want to
miss Enron's deadline, and I am still very interested in EnronOnline
business.  Please keep me updated if any opportunity arises.

Thanks again

Carla Di Castro

PS: Vince, I tried to call you today, but it looks like you will be out of
the office until Monday. I just wanted to say thank you.


Attached in MS Word format is a memorandum and outline addressing potential
"options and solutions" that will be used by IEP in upcoming regulatory and
legislative efforts.? The memorandum and outline will be reviewed, discussed,
dissected and vastly improved at the November 3 IEP meeting.? This represents
a collection of various ideas brought forward to date and must be considered
a "work in progress."? It has not been comprehensively reworked in light of
the November 1 FERC Order.

The outline begins with a discussion of the &jurisdictional context8 that
must be kept in mind when developing IEP,s response, including the
regional/interstate nature of the Western markets and the respective roles of
FERC and the CPUC.? The second section is the largest part of the outline,
and it discusses in detail the &problems8 IEP,s response addresses, primarily
in terms of &marketplace fundamentals8 as well as market structure issues.?
IEP,s membership is extremely well versed in the myriad of problems facing
the industry, but nevertheless it is vitally important to discuss and agree
on specifics so that our options and solutions can be presented as a durable,
comprehensive and cohesive message.? The outline's fourth section discusses
certain characteristics or perspectives that must be considered when crafting
our response, such as the relationship between retail and wholesale markets
as well as the larger regional markets.? Potential short- and long-term
responses are presented in the next two sections, and the outline concludes
with potential IEP &retail/demand8 proposal.

Please contact me if you require the file in another format or if you have
problems with the attachment.? ABB

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

CONFIDENTIALITY NOTICE:? This communication and any accompanying document(s)
are confidential and privileged.? They are intended for the sole use of the
addressee.? If you receive this transmission in error, you are advised that
any disclosure, copying, distribution, or the taking of any action in
reliance upon the communication is strictly prohibited.? Moreover, any such
inadvertent disclosure shall not compromise or waive the attorney-client
privilege as to this communication or otherwise.? If you have received this
communication in error, please contact the sender at the internet address
indicated or by telephone at (916)447-2166. Thank you.
?
?
 - 001101 IEP Solutions and Options.v2.doc


did they look lazy?  they always seem over-confident.


Start Date: 4/13/01; HourAhead hour: 20;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041320.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 20 / Preferred: -175.00 / Final: -174.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/13/01
  TRADING_SC: ECH1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


Oh, Rob, I'm happy to do so!!  I hope you are on vacation!!

Rosie

Rob Bradley
08/04/2000 01:27 PM
To: Kenneth Lay/Corp/Enron@ENRON
cc:
Subject: Re: Gathering Place Speaking Invitation

Great--and I will be inspired with my draft of his remarks.

Rosie, could you call the phone number on the invitation, ask for Herb
Bateman (he is the director), and tell him of the commitment?

I am out of town and do not have their number, and they called me wondering
about Ken's decision last Friday.

Thanks,

- Rob

Kenneth Lay on 08/04/2000 12:40:45 PM
Sent by: Rosalee Fleming
To: Rob Bradley/Corp/Enron@ENRON
cc: Tori L Wells/HOU/ECT@ECT

Subject: Re: Gathering Place Speaking Invitation

Hi Rob -

Ken said "If you'll prepare the remarks, I'll be happy to do this".

Rosie

Rob Bradley
07/19/2000 09:51 AM

To: Kenneth Lay/Corp/Enron@ENRON
cc:
Subject: Gathering Place Speaking Invitation

If you are inclined to accept this invitation, we could put together an
interesting talk on the importance of good mental health to business with
some national statistics and then segue into Enron's emphasis on wellness and
having fun in the workplace.  Our strategy and experience will be very
interesting to the group since it shows what a corporate leader is doing to
become the employer of choice in the marketplace.

You could expect a full house (around 400) for the talk.  If it fits into
your schedule, Jack Bowen said he would be delighted to be honorary chairman
of the event.

- Rob


Sent at the request of Debra Perlingiere

Joanne Rozycki
Senior Administrative Assistant
Enron North America Corp.
1400 Smith Street, EB3880D
Houston, TX  77002
Phone:  (713) 853-5968     Fax:      (713) 646-3490
Email:   joanne.rozycki@enron.com


where are you with your family?  i went to vegas and lost money.  watch out
for that  hurricane.  if it strenthens think of me b/c i will be happy b/c
that will mean that gas prices increase.  we will go out and party when you
get back.


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whenever - I am going to leave here pretty soon.  So whenever the best time for you is, just let me know.  Is the car ready?

 -----Original Message-----
From: 	megan rogers <megrogers_99@yahoo.com>@ENRON
Sent:	Monday, December 10, 2001 10:45 AM
To:	Rogers, Benjamin
Subject:

I have your palm.  The guy from Archer called me this
morning.  Have you had a chance to call him???
What time do you want to pick up the car?

Megan

__________________________________________________
Do You Yahoo!?
Send your FREE holiday greetings online!
http://greetings.yahoo.com


FYI, headline tells it all.  Further delay in Polish power market opening.
Though there is light at the end of the tunnel, it is now about 3 months
further out than my last e-mail to you on this subject.  let me know if you
need more.   thanks  mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 12/12/2000
11:25 ---------------------------

Philip Davies
12/12/2000 11:14
To: Poland
cc:

Subject: Poland: Polish Grid Operator Sees 6-Month Delay To Balancing Mkt

Confirmation of our understanding.
---------------------- Forwarded by Philip Davies/LON/ECT on 12/12/2000 11:17
---------------------------

djcustomclips@djinteractive.com on 12/12/2000 11:04:09
Please respond to nobody@mail1.djnr.com
To: 140569@mailman.enron.com
cc:

Subject: Poland: Polish Grid Operator Sees 6-Month Delay To Balancing Mkt

Polish Grid Operator Sees 6-Month Delay To Balancing Mkt

12/12/2000
Dow Jones International News
(Copyright (c) 2000, Dow Jones & Company, Inc.)

  WARSAW -(Dow Jones)- An hourly balancing market in Poland's electricity
sector - the key to an open market - won't come into operation until
July 1, 2001, six months later than originally scheduled, grid operator
officials told Dow Jones Newswires Tuesday.

  "Tests are still going on in the introduction of (information
technology) software for all entities involved in the balancing market.
We expect a test period of six months as of Jan. 1 and for the system to
'go live' in July 2001," said Marek Zerka, deputy president of Polish
grid operator Polskie Sieci Elektroenergetyczne.
  Industry insiders say an hourly balancing market is essential for the
effective functioning of a liberalized electricity market in Poland.

  "Without an hourly balancing market, trade in the whole sector won't
function properly," Wladyslaw Mielczarski of Energoprojekt-Consulting SA
told the EuroForum conference in Warsaw recently.

  The chief benefit of the hourly balancing market is that it would push
both generators and distributors to develop more sophisticated
purchasing and risk management strategies, which in turn would increase
trading volumes on the Polish Power Exchange, or Polpx, analysts said.

  The introduction of a fully functioning hourly balancing market would
end PSE's current practice of setting monthly prices for balancing
market electricity on the basis of estimated demand for the following
month.

  Analysts say this is a cumbersome and inaccurate procedure, in which
physical supply of electricity and the financial settlement of accounts
only roughly correlates.

  PSE and a group of companies, including Polpx and the power plants
Elektrownia Dolna Odra and Elektrownia Patnow-Adamow-Konin, started
testing computer systems for the balancing market Oct. 1, and tests are
ongoing, Zerka said. Officials at Elektrownia Dolna Odra said the power
plant was technically fully prepared for the Jan. 1 start.

  However, Zerka said there were some technical teething problems with
Polpx's software, and uncertainties related to the compatibility of
software used by different entities.

  Zerka said the hourly balancing market will be based on the
"pay-as-bid" system used in the U.K. This means that participants will
need a risk management and trading strategy in place, and can't continue
basing their sales or purchases on marginal costs, said analysts.

  Until the balancing market starts operating in July, PSE will continue
to draw up monthly coordination plans. Many analysts say the low volumes
the power exchange has had since its inception in July are largely
caused by problems of inaccuracies in the monthly settlement of physical
flows.

  Polpx recently said it needs at least 4% of total domestic turnover to
break even, and up to 7% before it can start thinking about introducing
forwards and derivatives markets in the Polish electricity sector.

  It has around 1% of total turnover today, and the delay in setting up
the balancing market means that bigger volumes won't come about until
the second half of 2001, insiders said.

  -By Joe Harper, Dow Jones Newswires; 48-22 622-2766;
joe.harper@dowjones.com

Folder Name: Poland
Relevance Score on Scale of 100: 90

______________________________________________________________________

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

Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved


---------------------- Forwarded by Eric Bass/HOU/ECT on 05/19/2000 11:41 AM
---------------------------

"Larry W. Bass" <lwbthemarine@bigplanet.com> on 05/19/2000 11:27:43 AM
To: peggy dan maynard <peggy@airmail.net>, Pam Day <pkjday@yahoo.com>,
michael don ferguson <mfe252@mail.airmail.net>, "Marsters, Linda"
<lmarsters@fortbend.k12.tx.us>, kathy bass <daphneco@earthlink.net>, Julie &
Mark Stevens <JUMACK@airmail.net>, joni drude <jfdr@chevron.com>, jason
<jason.bass2@compaq.com>, "Henry C. McGill" <hmcgill-satx@worldnet.att.net>,
gail stoops <Ggstops@aol.com>, Frank Marsters <marstersco@earthlink.net>,
eric preston bass <Eric.Bass@enron.com>, christine marsters
<wxranch@airmail.net>, Bill Daniel <bdaniel@pflash.com>, beth dahlberg
<dhlbrg@aol.com>, Barbara Bass <xwb2@flash.net>, Andrea Lyles
<andrearonnie@cs.com>, ryan darr <fastfeet15@aol.com>, richard and marty darr
<Rdarr@flash.net>, lauren darr <L2giveJ@aol.com>
cc:
Subject: More than Just a Flag - By J.J. Johnson

Kathy sent this to me. Very interesting perspective  from a black man
concerning the Confederate flag and similar  issues.-L

?http://www.sierratimes.com/edjj041400.htm#top
 - More than Just a Flag - By J.J. Johnson.url


Yes, we are still on for Friday, hope to see you there. 6:00 a.m. Ron's Pub
on Fountain View

Bruce

Bruce Bowden
Williams Energy Marketing & Trading
713-215-3521 Williams Tower
713-569-6829 cellular


Here is the BR deal which is similiar to Huber.  I think we may have to put
the actual transport rate as opposed to this pass through.  It should work
because we will know th rate and volume before we do the deal.  we may want
an out in case we can't get the space.

 - BR confirm.doc


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/04/2000
04:52 PM ---------------------------

"Paul Bristow" <pbristow@risk.co.uk> on 08/03/2000 05:14:43 AM
Please respond to "Paul Bristow" <pbristow@risk.co.uk>
To: <vkamins@enron.com>
cc:
Subject: Enterprise risk management

Dear Vince,
?
Thanks for your call the other day regarding  EPRM's upcoming enterprise risk
management conference. We seem to be making  progress and are pulling
together some interesting subjects for inclusion this  year. I am currently
at a stage where there are plenty of possible sessions and  over the next
week I will be able to decide of which will stay and which will  go.
?
I have attached a file that gives an indication  of the topics that have been
identified so far. Although I have bullet points  for the sessions I would
first like to identify interested parties and then work  with them to develop
a session that reflects their particular expertise and  experience. I also
think that by continuously developing the points we can make  greater
allowances for continuity between each participant.
?
Based on our discussion I would be extremely  interested in inviting you to
lead a session on the main conference. You seemed  to have an interesting
view on operational risk and the particular challenges  that are presented
within the energy industry. This session will run on  Thursday, November
16th. The title is reasonably broad at this stage and any  suggestions are
welcome.
?
Your overall views on the current conference content is also  welcome and if
you feel that another session is more suited to your work do not  hesitate to
contact me. I look forward to speaking with you soon.
?
Yours sincerely,
?
Paul Bristow
Senior Course and Conference Producer, Energy & Power Risk  Management
+44 (0) 20 7484 9883
 - maildoc.doc


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 08/28/2000
12:33 PM ---------------------------

Rick Dietz@ENRON
08/24/2000 05:30 PM
To: Ginger Dernehl/NA/Enron@Enron, Trisha Hughes/HOU/ECT@ECT, Jennifer
Fraser/HOU/ECT@ECT, Melinda Pharms/HOU/ECT@ECT, Pamela Chambers/Enron
Communications@Enron Communications, Claude Tellis/NA/Enron@Enron, Michael
Howe/HOU/EES@EES, Michael W Morris/HOU/ECT@ECT, Paul Choi/SF/ECT@ECT, Mark
Warner/HOU/ECT@ECT, Toby Kuehl/ET&S/Enron@ENRON, Sean
Sargent/Corp/Enron@ENRON, Teresa Wright/HR/Corp/Enron@ENRON, Kevin M
Presto/HOU/ECT@ECT, Micardo Johns/Corp/Enron@ENRON, Greg
Piper/Corp/Enron@Enron, Christopher Tracy/OTS/Enron@ENRON, Allan
Weatherford/GCO/Enron@ENRON, Brad Morse/HOU/ECT@ECT, Stephen
Schwarzbach/Corp/Enron@Enron, Gary W Lamphier/HOU/ECT@ECT, Daren J
Farmer/HOU/ECT@ECT, Darrell Schoolcraft/ET&S/Enron@ENRON
cc:
Subject: ATTENTION ALL BASKETBALL PLAYERS

The Enron Basketball Association is hosting a full court "five on five"
tournament on September 16, 2000 from 8:00 a.m. untill 12:00 noon at Lutheran
North High School near the Loop 610 north and Shepherd.

You will be able to enter an entire team or enter as an individual and be
placed on a team.

If you are interested in participating, please contact one of the following
people prior to September 7th:
  Jamie Lynn  ext.  3-9515
  Rick Dietz   ext.  3-5691
   Steve Kleb  ext. 3-3959

We will have a team captain's meeting on September 8th to discuss the
tournament rules and prizes.  We plan to limit the tournament to eight teams,
so please sign up soon to join in on the fun.  There is no entry fee for
Enron Basketball Association Members.

Thanks,

Jamie Lynn, President
Enron Basketball Association


Damon just told me he had the numbers wrong.  The FSS balance is 797,464 and
the ISS balance is (797,771).  This is better.  We need to pay back another
307 on the ISS and we need to do the inventory transfer.  I know you guys
will make me proud.

---------------------- Forwarded by Chris Germany/HOU/ECT on 09/14/2000 01:50
PM ---------------------------

Chris Germany
09/14/2000 01:44 PM
To: Beverly Beaty/HOU/ECT@ECT, Angie Zeman/Corp/Enron@ENRON
cc: Alfonso Trabulsi/HOU/ECT@ECT, Brenda H Fletcher/HOU/ECT@ECT
Subject: Nat Fuel

I just received a call from Damon Sykes at National Fuel.  He said we have
positive balance of 797,464 on our FSS  contract, and we have a balance of
(797,163) on our ISS.  It looks like we paid back 301 dth too much.

Damon said we need to do a nomination to reverse the storage balances and we
need to take out the 301 dt.  Would you guys speak to Nat Fuel about handling
this please?

Don't worry about doing it this weekend, take care of it early next week.

Thanks


July 31st for Edgecombe.  I didn't prepare the other option, but I'll check
to see if there is a copy around.

Kay

	From:  Rebecca Walker                           08/30/2000 10:00 AM

To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Option Contract Execution Dates

Kay

I asked you yesterday if you knew the execution date for the Edgecombe
(Edgecombe County, NC) Option Contract, but I discovered this morning that I
also need to know the execution date for the Hartwell (Hart County, GA)
Contract.  Bart Clark thought that you were the person to talk to for that.
Could you please let me know what those execution dates are, or, if you are
not working on the GA sites, could you point me in the right direction?

Thanks,
Rebecca


- 11_16_01LO.xls


I don't know the person mentioned.   Mark


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From: ISO

ISO declared STAGE 2 Electrical Emergency for 05/30/2001 14:00 through 05/30/2001 23:59

For more information contact:
webmaster@caiso.com

EDIS-05-30-01 1401 PDT

---------------------------------------------------------
To update or terminate your subscription to this email service
visit our webpage at http://www.incident.com/edismail.html.

EDIS is operated by the Governor's Office of Emergency Services,
State of California. This email relay is offered by incident.com
as a public service. Because of the complexity of this system and
its dependence on other systems, we cannot be responsible for
delays or failures in transmission.
---------------------------------------------------------


Hi Lynn,

According to my records, I do not see where we used  our WAPA transmission on May 12th or May 20th.

I do see purchases from WAPA at Midway on those days, but losses are not billable to Enron on those purchases as the energy was purchased at Midway.

My tags are as follows:

May 12th. Day total of 370,  tag 22299

May 20th,  Day total of 55,  Tag # 22803

If your records indicate that we used WAPA transmission on our own account for those days, please provide me the OASIS number that was assigned to this transmission.

Thank you

Cara
West Power Scheduling Supervisor
503/464-3814

 -----Original Message-----
From: 	"LYNN RICHARDSON" <LERICHRD@wapa.gov>@ENRON [mailto:IMCEANOTES-+22LYNN+20RICHARDSON+22+20+3CLERICHRD+40wapa+2Egov+3E+40ENRON@ENRON.com]
Sent:	Monday, June 04, 2001 1:04 PM
To:	Clemons, Amy; Semperger, Cara; Runswick, Stacy
Subject:	Enron Losses Due WACM for May 2001

Attached please find an Excel spreadsheet depicting the losses Enron owed WACM, and amounts deficit for May 2001.

The one spreadsheet contains day to day transactions "EnronMay2001.xls" and the other "EnronMaybilldetail.xls" contains calculations of the shortages, with the amount billable being depicted, $6,295.97.

Please feel free to call me if you have questions or concerns or have tag information that may alleviate some of these charges.

This will appear on the May bill to be issued within the next week or so.  Thank you.

Lynn Richardson
Public Utilities Specialist
RMR
(970) 461-7440

 - EnronMay2001.xls << File: EnronMay2001.xls >>
 - Enronmaybilldetail.xls << File: Enronmaybilldetail.xls >>


Thanks to those of you who have already repsonded.  The last opportunity to
enjoy lunch with the A&A brown bag sessions is here.  Please consider this a
reminder of the program tomorrow:
12:00 to 1:00 Room EB30C1
Berney Aucoin, Director of Commodity Structuring

Berney will be accompanied by an analyst who can give a unique first hand
account of a structuring rotation.

Please RSVP if you're planning to attend.

Thanks,

Tom Wilbeck
57536


Paramy,

Please see the attached draft of the Canadian Master Agreement between ENA
and Reliant Energy.   I have incorporated your changes to the previous
version as indicated.

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