yep

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:33 PM
To:	Maggi, Mike
Subject:	RE:

you need company?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:33 PM
To:	Rybarski, Amanda
Subject:	RE:

its working, im going to go smoke

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:32 PM
To:	Maggi, Mike
Subject:	RE:

That was my plan!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:32 PM
To:	Rybarski, Amanda
Subject:	RE:

youre killing me

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:32 PM
To:	Maggi, Mike
Subject:	RE:

deal

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:31 PM
To:	Rybarski, Amanda
Subject:	RE:

youll have to show me

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:30 PM
To:	Maggi, Mike
Subject:	RE:

I know a few ways!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:30 PM
To:	Rybarski, Amanda
Subject:	RE:

we can still find a way to have fun

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:30 PM
To:	Maggi, Mike
Subject:	RE:

you don't know how much I miss it!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:29 PM
To:	Rybarski, Amanda
Subject:	RE:

too bad no drinking

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:28 PM
To:	Maggi, Mike
Subject:	RE:

we'll see about that

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:27 PM
To:	Rybarski, Amanda
Subject:	RE:

not as much as me

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:27 PM
To:	Maggi, Mike
Subject:	RE:

ooohhh, I'm excited!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:27 PM
To:	Rybarski, Amanda
Subject:	RE:

youll see

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:27 PM
To:	Maggi, Mike
Subject:	RE:

so where are we going to go?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:26 PM
To:	Rybarski, Amanda
Subject:	RE:

ok me too

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:26 PM
To:	Maggi, Mike
Subject:	RE:

I'm not too sure yet...I'm going to try to leave around 3 or 3:30

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:25 PM
To:	Rybarski, Amanda
Subject:	RE:

i dont know what time are you

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:23 PM
To:	Maggi, Mike
Subject:	RE:

What time are you leaving today?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 1:23 PM
To:	Rybarski, Amanda
Subject:	RE:

so lets go

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 1:18 PM
To:	Maggi, Mike
Subject:	RE:

Yes! Believe me, I can't wait!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 11:46 AM
To:	Rybarski, Amanda
Subject:	RE:

early this week i hope

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 10:30 AM
To:	Maggi, Mike
Subject:	RE:

okay, I will...this week!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 10:29 AM
To:	Rybarski, Amanda
Subject:	RE:

prove it

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 10:28 AM
To:	Maggi, Mike
Subject:	RE:

you are the big cheese to me baby!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 10:27 AM
To:	Rybarski, Amanda
Subject:	RE:

i dont really know what he is going to do, i thought i was always the big cheese

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 10:26 AM
To:	Maggi, Mike
Subject:	RE:

REALLY, where is he going? Are you going to be the big cheese now?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 10:25 AM
To:	Rybarski, Amanda
Subject:	RE:

i am staying also but john is not

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 10:25 AM
To:	Maggi, Mike
Subject:	RE:

no he's staying...what about you?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 10:24 AM
To:	Rybarski, Amanda
Subject:	RE:

me too, is chris leaving

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 10:24 AM
To:	Maggi, Mike
Subject:	RE:

I wish...that would be my dream job!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 10:23 AM
To:	Rybarski, Amanda
Subject:	RE:

really, so who then, me?

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 10:23 AM
To:	Maggi, Mike
Subject:	RE:

yeah, but I don't know for who...I don't think I will be working for Chris.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 10:22 AM
To:	Rybarski, Amanda
Subject:	RE:

im glad to hear that, so are you going to be doing the same thing

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, January 22, 2002 10:21 AM
To:	Maggi, Mike
Subject:	RE:

Not at all...I just now got my offer letter...FINALLY.  What about you? Anything exciting?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, January 22, 2002 10:20 AM
To:	Rybarski, Amanda
Subject:

anything exciting going on over there


Enclosed is a form of hedge fund ISDA template.  I have blacklined it against
the Union Spring schedules.

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


Reminder
The Enron Oral History Project Continues...

"Using History to Help Enron Become the World's Leading Company"

How can an understanding of strategic choices, regulatory change and
corporate culture help Enron achieve its vision?

Speaker:
Joseph Pratt, Cullen Professor of History and Business, University of Houston
and
 Co-Director, Enron Oral History Project

Thursday, June 7
11:30 a.m. to 12:30 p.m.
EB 5C2

To Make a Reservation, Call 3-1941 and Select Option 1

Lunch will not be provided, but you are welcome to bring your own.

Please inform us ahead of time if you need special accommodations to
participate in this meeting.  Call 3-9390.


I am pleased to announce the formation of the Enron Management Committee.  The Management Committee comprises our business unit and function leadership and will focus on the key management, strategy, and policy issues facing Enron.  The Management Committee will supplant the former Policy Committee and will include the following individuals:

Ken Lay - Chairman and CEO, Enron Corp.
Ray Bowen - COO, Enron Industrial Markets
Michael Brown - COO, Enron Europe
Rick Buy - Exec VP & Chief Risk Officer, Enron Corp.
Rick Causey - Exec VP & Chief Accounting Officer, Enron Corp.
Dave Delainey - Chairman and CEO, Enron Energy Services
Jim Derrick - Exec VP & General Counsel, Enron Corp.
Janet Dietrich - President, Enron Energy Services
Jim Fallon - President & CEO, Enron Broadband Services
Andy Fastow - Exec VP & CFO, Enron Corp.
Mark Frevert - Chairman & CEO, Enron Wholesale Services
Ben Glisan - Managing Director & Treasurer, Enron Corp.
Mark Haedicke - Managing Director & General Counsel, Enron Wholesale Services
Kevin Hannon - CEO, Enron Global Assets & Services
Stan Horton - Chairman & CEO, Enron Transportation Services
Jim Hughes - President & COO, Enron Global Assets & Services
Steve Kean - Exec. VP & Chief of Staff, Enron Corp.
Louise Kitchen - COO, Enron Americas
Mark Koenig - Exec VP, Investor Relations, Enron Corp.
John Lavorato - President & CEO, Enron Americas
Mike McConnell - President & CEO, Enron Global Markets
Jeff McMahon - President & CEO, Enron Industrial Markets
Jeff Shankman - COO, Enron Global Markets
John Sherriff - President & CEO, Enron Europe
Greg Whalley - President & COO, Enron Wholesale Services

	After we convene the Management Committee later this week, I will make a further announcement regarding the Executive Committee.


Take me off of this list. PLEASE!!!!!

To: Chris Nowak/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON
cc: Marie Newhouse/ENRON@enronXgate @ ENRON, "iBuyit@ENRON"
<IMCEANOTES-iBuyit+40ENRON@ENRON.com>@SMTP@enronXgate@ENRON, All Enron
Employees United States@ENRON
Subject: RE: Reply Requested: Do You Code Or Approve Invoices?

Take me off of this list. PLEASE!!!!!


Today's file looks good.  Thanks for your help.
PL


-----Original Message-----
From: Scott Sallee [mailto:scott.sallee@tlcd.com]
Sent: Thursday, November 15, 2001 8:50 AM
To: Julie Dummer; Jaime Dyer; Mark Mitchell; Leslie Rogers; Runswick,
Stacy; Bill Sallee; Richard White; Carie Wineger
Subject: New Movies

Coming out soon....


Some Generators Say No As Calif Lawmakers Eye Haircut  ????
Updated: Monday, July 16, 2001 04:52 PM?ET ?????
?

By Jason Leopold and Jessica Berthold

Of DOW JONES NEWSWIRES

LOS ANGELES (Dow Jones)--Some power suppliers said Monday they wouldn't
accept a move by California state lawmakers to allow them to collect just 70%
of what they are owed by Edison International (EIX, news, msgs) unit Southern
California Edison.

At issue are bills scheduled for hearings Monday and Tuesday in the state
Assembly and Senate to rescue Southern California Edison from the verge of
bankruptcy, where it has teetered for six months.

Both bills aim to spread out the costs of helping the utility recover $3.5
billion in wholesale power costs that it was forced to absorb as a result of
a retail rate freeze. Discounts to unpaid power bills may be needed to make
the rescue politically palatable. But some suppliers, which together are owed
about $1 billion by the utility, are balking.

"As we have said before, we fully expect to receive 100 cents on the dollar,"
said John Sousa, spokesman for Dynegy Inc. (DYN, news, msgs), which is owed
$265 million in California. (Generators' receivables due from Southern
California Edison alone weren't immediately available.)

Reliant Energy Inc. (REI, news, msgs), owed a total of $370 million, said it
too expects to receive full payment.

Williams Cos. (WMB, news, msgs), which hasn't disclosed its California
receivables, and Duke Energy (DUK, news, msgs), which is owed $410 million,
have said publicly that their companies would be willing to accept less than
100 cents on the dollar. But Duke spokesman Tom Williams said his company
would only negotiate with the utilities, not the state.

Pat Dorinson, spokesman for Mirant Corp. (MIR, news, msgs), which is owed
$385 million in California, wouldn't say whether the company would accept
less than what its owed. But he said the company wasn't included in the
negotiations when the bill was drafted.

"We can't have a comprehensive solution if all parties are not at the table,"
Dorinson said. "No one has come to us and talked to us about what we are
willing to do or not do. You'd think the people producing the energy might
have on opinion on how things should be solved."

Suppliers said they weren't sure what action, if any, they'd take against the
utilities if such provisions were approved as part of a deal this week.

The Assembly and Senate proposals were expected to be debated on Monday and
Tuesday, with floor votes on Wednesday.

Assembly Speaker Pro Tem Fred Keeley, D-Boulder Creek, said a rescue plan for
Southern California Edison could never pass the Legislature without
concessions from generators.

The proposals in both houses call for generators to accept 70 cents on the
dollar. In the Assembly, legislation introduced last week by Assembly Speaker
Bob Hertzberg, D-Van Nuys, and Keeley, aims to establish a trust account,
controlled by the state and the Public Utilities Commission, to reduce
payments to generators who overcharged for power.

"Our proposal protects those who deregulation has hurt most - consumers - and
ensures that California never sees a crisis like this again," Hertzberg said.
"It holds accountable those who have taken advantage of us and it promises
consumers that they will see rates go down rather than up."

Such a move may violate Constitutional protections regarding contracts, said
Kenneth Klee, a law professor at UCLA and attorney at Klee, Tuchin, Bogdanoff
& Stern LLP in Los Angeles who specializes in corporate reorganization,
bankruptcy law and insolvency.

"The contracts clause of the Constitution, Article 1, Section 10, prevents
the states from impairing the obligations of contracts," Klee said. "I
haven't seen the bill, but it occurs to me that if the state is trying to
tell Edison it can pay creditors 70 percent, that would be unconstitutional."

Klee's firm represents two independent generators in the legal wranglings
with Southern California Edison.

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

(Jessica Berthold contributed to this article.)

California Lawmakers Take Edison Rescue Down To The Wire  ????
Updated: Monday, July 16, 2001 04:19 PM?ET ?????
?

By Jason Leopold

Of DOW JONES NEWSWIRES

LOS ANGELES (Dow Jones)--It's coming down to the wire.

With just five days left before their summer recess, California lawmakers
were to take their first concrete steps Monday toward relieving Edison
International (EIX, news, msgs) utility Southern California Edison of the
massive power costs that have left it unable to meet its obligations.

Edison officials have warned that if the Legislature doesn't act by Aug. 15,
the deadline set in a memorandum of understanding signed with Gov. Gray Davis
on April 9, the utility's creditors may drag it into Bankruptcy Court.

The plans under consideration aren't entirely faithful to the MOU and present
their own risks, but Edison officials seemed relieved that progress was
finally being made.

"This is the culmination of a long period of negotiations," Brian Bennett,
vice president of external affairs for Edison International, said last
Friday. "We're pleased that both the Assembly and Senate are moving."

Davis spokesman Steve Maviglio said Monday that the Assembly and Senate would
hold hearings on their versions of the rescue Monday and Tuesday, with floor
votes expected Wednesday.

The progress has boosted Edison International shares to their highest level
since mid-March. Edison shares closed Monday at $14.85, up 5 cents on the day
and more than 32% in July.

Under the MOU signed with the governor, the state would buy Southern
California Edison's transmission lines for $2.76 billion and enable the
utility to sell bonds backed by ratepayers to help it recoup $3.5 billion in
unrecovered wholesale power costs.

This week's events will test Edison's faith in the political process and its
lobbying prowess. The utility's northern California counterpart, PG&E Corp.
(PCG, news, msgs) unit Pacific Gas & Electric Co., pulled out of talks with
the governor and filed Chapter 11 on April 6.

Lehman Brothers analyst Dan Ford said in a research note Monday that chances
are good any action by lawmakers will arrive late or fall short of what's
needed.

"We believe odds for a speedy and palatable plan are less than 50-50," Ford
wrote.

Lawmakers are likely to pass a version of the MOU Edison signed with the
governor, but they will be preoccupied with the need to approve a budget, he
said.

"We expect the timing to slip and the deal to worsen for Edison
shareholders," Ford wrote. "If a modified MOU does pass both the house and
senate, we believe Edison will need to determine if they can stomach the
alterations, as the governor is unlikely to stop an alternative plan to
protect Edison shareholders."

Senate, Assembly Draft Bills

Assembly Democrats led by Speaker Robert Hertzberg, D-Van Nuys, and Speaker
Pro Tem Fred Keeley, D-Boulder Creek, have introduced a 79-page version of
the MOU that calls for the state to purchase the utility's power lines at
twice their book value, as opposed to the 2.3 times offered by Davis.

Unlike the MOU, the bill doesn't indicate how much money Southern California
Edison is allowed to recover.

"That's very disturbing to us," Bennett said. "But at least we have a bill."

The Hertzberg-Keeley bill also builds in a "haircut" for suppliers. Under the
plan, funds raised by Southern California Edison on the strength of its
pending sale of power lines to the state would go into a trust, from which
power suppliers would be paid 70 cents on the dollar for what they're owed by
the utility.

Suppliers have sent differing messages on their willingness to accept less
than full payment, so it's unclear how they'd react to such a provision.

In the Senate, Sen. Byron Sher, D-Stanford, and Sen. Steve Peace, D-Chula
Vista, were crafting their own proposal in hopes of voting on and passing a
bill Tuesday, aides to both lawmakers said.

The Senate proposal aims to help the utility recover $3.5 billion in
wholesale power costs. Large businesses would responsible for paying $2
billion through a surcharge added to their rates, although that provision
faces heavy opposition from business groups.

Generators would be required to contribute $300 million by accepting just 70
cents on the dollar for the $1 billion they're owed. The remainder would be
covered by $1.2 billion in payments from the parent to the utility.

The proposal doesn't include the state purchase of the utility's transmission
lines envisaged in the deal struck by the governor, but does include an
option for the state to buy the lines at book value if the utility hasn't
returned to creditworthiness by Dec. 31, 2002.

Edison executives said they were concerned about the required payment for the
parent, saying Edison International's funds have dried up.

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


Edison International CFO Disputes 'Technical Insolvency' Claim
By Mark Golden

10/03/2000
Dow Jones Energy Service
(Copyright (c) 2000, Dow Jones & Company, Inc.)
NEW YORK -(Dow Jones)- Edison International's treasurer and chief financial
officer, Ted Craver, disputed Tuesday a claim made last week that
California's utilities risk "technical insolvency" in 2001.
Since May, California's three investor-owned utilities have been spending far
more to purchase needed electricity than they are getting paid by customers.
As a result, the undercollections in the "transition revenue account" of
Edison's regulated utility unit, Southern California Edison, grew by $1.97
billion between May 1 and August 31, the company reported to the Securities
Exchange Commission.
An article Wednesday in the Wall Street Journal, which is published by Dow
Jones & Co., said that "if the cost of wholesale power continues to exceed
the price these utilities are allowed to bill their customers, as currently
seems likely, they could become technically insolvent sometime next year."
"The way this term was used insinuated that you take the transition revenue
account, and whatever the gross number is equates to the amount of debt that
you would have to raise," Craver said in an interview. "That is not at all
the way it works. That is not an accurate portrayal."
California Gov. Gray Davis acknowledged the concerns Friday, saying,
"California consumers have a legitimate need for California's utilities to
remain solvent, and the state must be committed toward that end."
But Edison's Craver said the situation is not that simple.
"That transition revenue account balance says nothing about what we have to
fund in the market," Craver said. "Southern California Edison has some 37
balancing and memo accounts set up by the California Public Utilities
Commission. What we have to fund is the net amount of all of them, plus
whatever else is going on, and the net figure is considerably smaller than
the $1.97 billion. It's like picking out one line item on the balance sheet
and saying this is all that matters. No accountant does that or looks at it
that way."
Craver also said that the term "technical insolvency" has no specific meaning
to him.
A PG&E Corp (PCG) spokesman declined to comment when asked this week if it
risks technical insolvency next year. The company is seeking refunds from
independent generators that have been selling power to the state's utilities,
and for the future it has asked the Federal Energy Regulatory Commission to
consider a return to cost-based pricing specific to each generating station
in the state.
Utility bond analysts, nevertheless, are concerned about California utility
debt.
"I don't believe the utilities are going to go bankrupt, but they don't have
any assurance from the legislature, governor or regulators," Bear Stearns's
Ted Olshanski said. "The uncertainty is critical."
Bear Stearns has a negative outlook on Edison and PG&E bonds due to the
uncertainty on the recovery of these energy costs.
This summer's period of undercollections has continued into the fall, with
the California's wholesale market for Wednesday power at $135 a
megawatt-hour, compared with the $65/MWh that SCE gets from customers.
The current best asking price for on-peak power fall all of 2001 in southern
California is $85/MWh.
When asked how long Edison can continue to fund the difference between its
purchase power costs and the revenue it receives from customers, Craver
responded: "How long can ratepayers or anyone afford those prices, which
don't have anything to do with reality? The market mechanisms don't work."
California's utilities are hoping to make significant changes to the market,
and some of those changes would require action by the state legislature,
which is out of session until December.
"I don't know that this is something that waits for the legislature," Craver
said. "There are a lot of things that can be done before the legislature
meets. We have significant issues before the FERC and the CPUC."
Olshanski said he hoped for a political solution.
"We're not sure how its going to end," he said. "We expect regulators and
legislators to step up and provide for a constructive resolution. In the
past, the California legislature has approved measures to make companies
whole."
-By Mark Golden, Dow Jones Newswires; 201-938-4604; mark.golden@dowjones.com


Good morning Mr. Parsons:

The Enron Corp. Research Dept. would like to conduct a telephone
interview with you at your convenience.

The interviewers would be:

Vince Kaminski   Managing Director
P. V. Krishnarao   Director
Osman Sezgen   Manager

Please give me some dates and times either this week or July 5, 6 & 7
of next week that you would be available and I will coordinate the
calendars.

Look forward to hearing from you.

Regards,

Shirley Crenshaw
Administrative Coordinator
Enron Corp. Research
713/853-5290
email:  Shirley.Crenshaw@enron.com


I'm checking all my deals and found I need to add the following.

Bookout deal 533305 with 533306 (volume of 688 day for the 1st - 31st).

Bookout deal 533317 with deal 533319 (volume of 5000 day for the 5th - 31st).

The last problem deals I see are 516286 and 521475.  This is not a bookout,
One of these should be killed and I think it should be the purchase deal
516286.  We should see New Power scheduling gas out of our pool.  The volume
on the 5th - 31st should be about 40,257 day.  Just a note, since I think the
purchase deal should be killed, this would make us 520,000 shorter for the
month in Sitara.

I left a voicemail for Mike Garred to verify.


The analysts continue to give positive marks to Peoples Energy in their Enron venture, enovate.  I have attached the latest Goldman report and highlighted the related commentary.

Year to date for PEC, October 1, 2000 thru present, Peoples has realized $10.5 MM specific to enovate.

Thanx,
Laura


A weekly conference call meeting has been set up to discuss issues related to
wholesale activities - gas & power.  The call will take place every Friday
beginning March 30.  Conference room EB-4746 has been reserved for the
Houston participants.

 Date:   Every Friday beginning March 30
 Time:    1:00 pm Pacific, 3:00 pm Central, and 4:00 pm Eastern time
 Number:    1-888-271-0949
 Host Code  661877
 (for Jim only)
 Participant Code 936022
 (for everyone else)

 There will not be a call on Friday, April 13 (Good Friday) and Friday,
November 23    (Thanksgiving holiday).

If you have any questions regarding this call, please give me a call at
713-853-3226.

Thanks,
Marcia


What is traded under J. Aaron vs Goldman? If J. Aaron has liquidated, why is(are) there a position(s) under Goldman Sachs?

Stuart

 -----Original Message-----
From: 	Glover, Sheila
Sent:	Monday, December 17, 2001 11:24 AM
To:	Shackleton, Sara
Cc:	Adams, Laurel; Moran, Tom; Carrington, Clara; Shahi, Pushkar; Stuart III, William
Subject:	RE: in-the-money positions for ENA

2:30 is a deal..sg

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Monday, December 17, 2001 10:38 AM
To:	Glover, Sheila
Cc:	Adams, Laurel; Moran, Tom; Carrington, Clara
Subject:	in-the-money positions for ENA

Of these positions, where the counterparty has not terminated, and there is only FX/rate activity, I find only:

Goldman Sachs & Co.

Laurel and Clara are reviewing this one - it may be repo activity.

I am still trying to clarify what we can be doing for in-the-money terminated positions.

We can discuss further at 2:30.

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


Rejected Master Contracts:

 Counterparty:  CP ID # 35578 City of Azusa
EPMI's Power Master Bilateral contract dated 1/18/95 should not be used.  EOL
should use an online GTC with collateral instead.

Counterparty:  CP ID # 11111 Gulf Canada Resources Limited
ECC's Master Purchase/Sale Firm (Calgary) contract dated 10/15/96 should not
be used by EOL per John Lavorato.

Please provide copies of the letters that go out where masters have been
rejected.

Thank you,
Karen


Jeff, received your message for a Tues AM meeting in Sacramento... I can make that. Also, I will try to see SMUD while I am there and plan on seeing PG& E back in the city. Any word from SOCALED.

Give me a call this a.m. and we can figure out travel plans.

BT


so just ask fred, the worst thing that happens is he says no

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 3:33 PM
To:	Maggi, Mike
Subject:

so, i am bored.  i just talked to robyn.  i really do wish that i could go up there.  i think that it would be fun!


Title: One Tight Winter Peak Remains
URL(s):

http://www20.cera.com/eprofile?u=35&m=2760;

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

WESTERN ENERGY--WINTER DEMAND PEAKS NOT EXPECTED TO RESULT IN PRICE SPIKES OR RELIABILITY PROBLEMS

Building natural gas and power supplies are providing a cushion for the western
energy markets for this winter. Although seasonal gas and power demand spikes
will again push prices higher, this winter will not look like the winter of
2000/01. Unlike during the record high gas and power prices and blackouts last
year winter, reduced demand, increased gas storage levels, and new gas and
power supplies will significantly temper prices and significantly reduce the
risk of supply disruptions.

*  A supply build of 300 million cubic feet (MMcf) per day in the Rockies and
900 MMcf in western Canada is meeting with declining demand in the West

*  Fourth quarter power demand is expected to be 13 percent below levels last
year, while over 5,000 megawatts of new supply has been added this year

*  Only severe cold weather, prolonged drought, or a supply disruption could
produce a reliability problem this winter

**end**

Follow above URL for complete CERA Monthly Briefing (10 pages).

E-mail Category: Monthly Briefing
CERA Knowledge Area(s): Western Energy

***********************************************************************
***********************************************************************
CERA's Autumn 2001 Roundtable event dates and agendas
are now available at http://www20.cera.com/event
***********************************************************************

To make changes to your cera.com profile go to:
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---------------------- Forwarded by Randall L Gay/HOU/ECT on 11/07/2000 01:24
PM ---------------------------

Randall l gay <pooky@pipeline.com> on 11/06/2000 08:51:34 PM
To: randall.l.gay@enron.com
cc:
Subject: Fw: Cast your vote..........

>Return-Path: <rick_gay@msn.com>
>X-Originating-IP: [198.211.202.120]
>From: "Rick Gay" <rick_gay@msn.com>
>To: "Bryant Johnson" <brjohns@freewwweb.com>, "Bill Biehl"
<biehlfamily@juno.com>, "Clarence C. Gay Jr." <bgay@msn.com>, "Joan & Dan
Gunning" <dangunning@msn.com>, "David Johnson" <david_johnson@cor.gov>,
"Esther Johnson" <ej550@netzero.com>, "Frank Johnson" <fjohnson@tyler.net>,
"John Marsh" <jandj@skybest.com>, "Laurie Vaughn" <ibdlbv@juno.com>, "Maria
& Scott Raper" <wejammin@inetport.com>, "Ralph Saczawa"
<rsaczawa@hsv.tecolote.com>, "Randy Gay" <pooky@pipeline.com>, "Rick
Robbins" <RcR066@aol.com>, "Robert Sands" <cefpisr@flash.net>, "Ronald L.
Gay" <RonGay@msn.com>, "Scott Gay" <scottygay@aol.com>, "Stacie Gay"
<armybrat9985@aol.com>, "Stefanie Gay" <stefiegay@aol.com>, "Ronnie & Suzy
McChessney" <suzydmac@aol.com>, "Ted Brogden" <tedbrogden@aol.com>, "Mark &
Linda Dunk" <thedunks@flash.net>, "Tricia Gay" <frazzledtg@aol.com>
>Subject: Fw: Cast your vote..........
>Date: Mon, 6 Nov 2000 20:06:08 -0600
>X-OriginalArrivalTime: 07 Nov 2000 02:06:12.0498 (UTC)
FILETIME=[4D74FF20:01C0485F]
>
>Is there such a thing as natural selection?
>
>
>
>----- Original Message -----
>From: Mike Wamsley
>Sent: Sunday, November 05, 2000 1:59 PM
>To: Wamsley, Patrick & Susan; Voss, Suzanne; Schmidt Mike; Sanders, Chuck;
Ross, Chris; Robinson Barry; Neuser, Gary & Vicki; McCoy, Monty; Kuecker,
Mark; Karnes, Scott & Andrea; Hurst Bob; Gay, Rick; Claunch Jimmie; Anderson
Jon
>Subject: Fw: Cast your vote..........
>
>
>
>-----Original Message-----
>From: Keenan, Dan
><IMCEAEX-_O=THE+20F+2E+20DOHMEN+20CO+2E_OU=FDCO+20GERMANTOWN_CN=RECIPIENTS_C
>N=DANK@dohmen.com>
>To: Herkal, Michael <MHerkal@dohmen.com>
>Cc: Schwab, Dave
><IMCEAEX-_O=THE+20F+2E+20DOHMEN+20CO+2E_OU=FDCO+20GERMANTOWN_CN=RECIPIENTS_C
>N=DSchwab@dohmen.com>; Zylla, Wendy <WZylla@dohmen.com>; Hurley, Michelle
><IMCEAEX-_O=THE+20F+2E+20DOHMEN+20CO+2E_OU=FDCO+20GERMANTOWN_CN=RECIPIENTS_C
>N=MHerley@dohmen.com>; rjwalrus97@aol.com <rjwalrus97@aol.com>;
>jackneis@aol.com <jackneis@aol.com>; jackkeenan@hotmail.com
><jackkeenan@hotmail.com>
>Date: Monday, October 30, 2000 10:11 AM
>Subject: Cast your vote..........
>
>
>> 2000 Darwin Award Nominations:
>>>    Hard to believe, but another year has passed...For those who don't
>>>    know it, the Darwin Awards are awarded every year to the person(s)
>>>    who died (or almost died) in the stupidest way, thus enhancing the
>>>    gene pool by their absence.
>>>
>>>    The 2000 nominees are:
>>>    NOMINEE No. 1: [San Jose Mercury News]:
>>>    An unidentified man, using a shotgun like a club to break a former
>>>    girlfriend's windshield, accidentally shot himself to death when
>>>    the gun discharged, blowing a hole in his gut.
>>>
>>>    NOMINEE No. 2: [Kalamazoo Gazette]
>>>    James Burns, 34, (a mechanic) of Alamo, Mich., was killed in March
>>>    as he was trying to repair what police describe as a "farm type
>>>    truck." Burns got a friend to drive the truck on a highway while
>>>    Burns hung underneath so that he could ascertain the source of a
>>>    troubling noise. Burns' clothes caught on something, however, and
>>>    the other man found Burns "wrapped in the drive shaft."
>>>
>>>    NOMINEE No. 3: [Hickory Daily Record]
>>>    Ken Charles Barger, 47, accidentally shot himself to death in
>>>    December in Newton, N.C. Awakening to the sound of a ringing
>>>    telephone beside his bed, he reached for the phone but grabbed
>>>    instead a Smith Wesson .38 Special, which discharged when he drew
>>>    it to his ear.
>>>
>>>    NOMINEE No. 4: [UPI, Toronto]
>>>    Police said a lawyer demonstrating the safety of windows in a
>>>    downtown Toronto skyscraper crashed through a pane with his
>>>    shoulder and plunged 24  floors to his death. A police spokesman
>>>    said Garry Hoy, 39, fell into the courtyard of the Toronto
>>>    Dominion Bank Tower early Friday evening as he was explaining the
>>>    strength of the building's windows to visiting law students. Hoy
>>>    previously has conducted demonstration of window strength
>>>    according to police reports. Peter Lawyers, managing partner of
>>>    the firm Holden Day Wilson, told the Toronto Sun newspaper that
>>>    Hoy was "one of the best and brightest" members of the 200-man
>>>    association.
>>>
>>>    NOMINEE No. 5: [Bloomsburg News Service]
>>>    A terrible diet and room with no ventilation are being blamed for
>>>    the death of a man who was killed by his own gas. There was no
>>>    mark on his body but an autopsy showed large amounts of methane
>>>    gas in his system. His diet had consisted primarily of beans and
>>>    cabbage (and a couple of other things). It was just the right
>>>    combination of foods. It appears that the man died in his sleep
>>>    from breathing the poisonous cloud that was hanging over his bed.
>>>    Had he been outside or had his windows been opened, it wouldn't
>>>    have been fatal.  But the man was shut up in his near air-tight
>>>    bedroom.  According to the article, "He was a big man with a huge
>>>    capacity for creating "this deadly gas." Three of the rescuers got
>>>    sick and one was hospitalized.
>>>
>>>    NOMINEE No. 6: [The News of the Weird.]
>>>    Michael Anderson Godwin made news of the Weird posthumously. He
>>>    had spent several years awaiting South Carolina's electric chair
>>>    on a murder conviction before having his sentence reduced to life
>>>    in prison. Whilst sitting on a metal toilet in his cell and
>>>    attempting to fix his small TV set, he bit into a wire and was
>>>    electrocuted.
>>>
>>>    NOMINEE NO. 7: ["The Indianapolis Star"].
>>>    A cigarette lighter may have triggered fatal explosion in Dunkirk,
>>>    Indiana.  A Jay County man using a cigarette lighter to check the
>>>    barrel of a muzzle loader was killed Monday night when the weapon
>>>    discharged in his face, sheriff's investigators said. Gregory
>>>    David Pryor, 19, died in his parents' rural Dunkirk home about
>>>    11:30 pm.  Investigators said Pryor was cleaning a 54-caliber
>>>    muzzle loader that had not been firing properly. He was using the
>>>    lighter to look into the barrel when the gunpowder ignited.
>>>
>>>    NOMINEE No. 8: [Reuters, Mississauga, Ontario] A man cleaning a
>>>    bird Feeder on the balcony of his condominium apartment in this
>>>    Toronto suburb slipped and fell 23 stories to his death.  Stefan
>>>    Macko, 55, was standing on a wheeled chair when the accident
>>>    occurred, said Inspector D'Arcy Honer of the Peel regional police.
>>>    "It appears the chair moved and he went over the balcony," Honer
>>>    said.
>>>
>>>    NOMINEE No.9: [Arkansas Democrat Gazette] Two local men were
>>>    seriously injured when their pick-up truck left the road and
>>>    struck a tree near Cotton Patch on State Highway 38 early Monday
>>>    morning. Woodruff County deputy Dovey Snyder reported the accident
>>>    shortly after midnight Monday. Thurston Poole, 33, of Des Arc and
>>>    Billy Ray Wallis, 38, of Little Rock are listed in serious
>>>    condition at Baptist Medical Center. The accident occurred as the
>>>    two men were returning to Des Arc after a frog gigging trip. On an
>>>    overcast Sunday night, Poole's pick-up truck headlights
>>>    malfunctioned.  The two men concluded that the headlight fuse on
>>>    the older model truck had burned out. As a replacement fuse was
>>>    not available,  Wallis noticed that the .22 caliber bullet from
>>>    his pistol fit perfectly into the fuse box next to the steering
>>>    wheel column.  Upon inserting the bullet, the headlights again
>>>    began to operate properly and the two men proceeded on east-bound
>>>    toward the White River bridge. After traveling approximately 20
>>>    miles and just before crossing the river, the bullet apparently
>>>    overheated, discharged and struck Poole in the right testicle. The
>>>    vehicle swerved sharply to the right exiting the pavement and
>>>    striking a tree. Poole suffered only minor cuts and abrasions from
>>>    the accident, but will require surgery to repair the other wound.
>>>    Wallis sustained a broken clavicle and was treated and released.
>>>    "Thank God we weren't on that bridge when Thurston shot his balls
>>>    off or we might both be dead" stated Wallis. "I've been a trooper
>>>    for ten years in this part of the world, but this is a first for
>>>    me. I can't believe that those two would admit how this accident
>>>    happened," said Snyder.   Upon being notified of the wreck,
>>>    Lavinia, Poole's wife, asked how many frogs the boys had caught
>>>    and did anyone get them from the truck.   (Way to go, Lavinia!)
>>>
>>>
>>
>>___________________________________________________________
>Get more from your time online.  FREE MSN Explorer download :
http://explorer.msn.com
>
Is there such a
thing as natural selection?

-----
Original Message -----

From: Mike Wamsley

Sent: Sunday, November 05, 2000 1:59
PM

To: Wamsley, Patrick
& Susan; Voss, Suzanne; Schmidt Mike; Sanders, Chuck; Ross, Chris;
Robinson Barry; Neuser, Gary & Vicki; McCoy, Monty; Kuecker, Mark;
Karnes, Scott & Andrea; Hurst Bob; Gay, Rick; Claunch Jimmie; Anderson
Jon

Subject: Fw: Cast your
vote..........

-----Original Message-----
From:
Keenan,
Dan
<IMCEAEX-_O=THE+20F+2E+20DOHMEN+20CO+2E_OU=FDCO+20GERMANTOWN_CN=RE
CIPIENTS_C
N=DANK@dohmen.com>
To: Herkal, Michael
<MHerkal@dohmen.com>
Cc: Schwab,
Dave
<IMCEAEX-_O=THE+20F+2E+20DOHMEN+20CO+2E_OU=FDCO+20GERMANTOWN_CN=R
ECIPIENTS_C
N=DSchwab@dohmen.com>; Zylla, Wendy
<WZylla@dohmen.com>; Hurley,
Michelle
<IMCEAEX-_O=THE+20F+2E+20DOHMEN+20CO+2E_OU=FDCO+20GERMANTOWN_
CN=RECIPIENTS_C
N=MHerley@dohmen.com>; rjwalrus97@aol.com
<rjwalrus97@aol.com>;
jackneis@aol.com <jackneis@aol.com>;
jackkeenan@hotmail.com
<jackkeenan@hotmail.com>
Date: Monday,
October 30, 2000 10:11 AM
Subject: Cast your
vote.........

> 2000 Darwin Award
Nominations:
>>    Hard to believe, but another year
has passed...For those who don't
>>    know it, the
Darwin Awards are awarded every year to the
person(s)
>>    who died (or almost died) in the
stupidest way, thus enhancing the
>>    gene pool by
their absence.
>>
>>    The 2000 nominees
are:
>>    NOMINEE No. 1: [San Jose Mercury
News]:
>>    An unidentified man, using a shotgun
like a club to break a former
>>    girlfriend's
windshield, accidentally shot himself to death
when
>>    the gun discharged, blowing a hole in his
gut
>>
>>    NOMINEE No. 2: [Kalamazoo
Gazette]
>>    James Burns, 34, (a mechanic) of
Alamo, Mich., was killed in March
>>    as he was
trying to repair what police describe as a "farm
type
>>    truck." Burns got a friend to drive the
truck on a highway while
>>    Burns hung underneath
so that he could ascertain the source of a
>>
troubling noise. Burns' clothes caught on something, however,
and
>>    the other man found Burns "wrapped in the
drive shaft."
>>
>>    NOMINEE No. 3:
[Hickory Daily Record]
>>    Ken Charles Barger, 47,
accidentally shot himself to death in
>>    December
in Newton, N.C. Awakening to the sound of a
ringing
>>    telephone beside his bed, he reached
for the phone but grabbed
>>    instead a Smith
Wesson .38 Special, which discharged when he
drew
>>    it to his
ear.
>>
>>    NOMINEE No. 4: [UPI,
Toronto]
>>    Police said a lawyer demonstrating
the safety of windows in a
>>    downtown Toronto
skyscraper crashed through a pane with his
>>
shoulder and plunged 24  floors to his death. A police
spokesman
>>    said Garry Hoy, 39, fell into the
courtyard of the Toronto
>>    Dominion Bank Tower
early Friday evening as he was explaining the
>>
strength of the building's windows to visiting law students.
Hoy
>>    previously has conducted demonstration of
window strength
>>    according to police reports.
Peter Lawyers, managing partner of
>>    the firm
Holden Day Wilson, told the Toronto Sun newspaper
that
>>    Hoy was "one of the best and brightest"
members of the 200-man
>>
association.
>>
>>    NOMINEE No. 5:
[Bloomsburg News Service]
>>    A terrible diet and
room with no ventilation are being blamed for
>>
the death of a man who was killed by his own gas. There was
no
>>    mark on his body but an autopsy showed
large amounts of methane
>>    gas in his system.
His diet had consisted primarily of beans and
>>
cabbage (and a couple of other things). It was just the
right
>>    combination of foods. It appears that
the man died in his sleep
>>    from breathing the
poisonous cloud that was hanging over his bed.
>>
Had he been outside or had his windows been opened, it
wouldn't
>>    have been fatal.  But the man
was shut up in his near air-tight
>>
bedroom.  According to the article, "He was a big man with a
huge
>>    capacity for creating "this deadly gas."
Three of the rescuers got
>>    sick and one was
hospitalized.
>>
>>    NOMINEE No. 6: [The
News of the Weird.]
>>    Michael Anderson Godwin
made news of the Weird posthumously. He
>>    had
spent several years awaiting South Carolina's electric
chair
>>    on a murder conviction before having his
sentence reduced to life
>>    in prison. Whilst
sitting on a metal toilet in his cell and
>>
attempting to fix his small TV set, he bit into a wire and
was
>>
electrocuted.
>>
>>    NOMINEE NO. 7: ["The
Indianapolis Star"].
>>    A cigarette lighter may
have triggered fatal explosion in Dunkirk,
>>
Indiana.  A Jay County man using a cigarette lighter to check
the
>>    barrel of a muzzle loader was killed
Monday night when the weapon
>>    discharged in his
face, sheriff's investigators said. Gregory
>>
David Pryor, 19, died in his parents' rural Dunkirk home
about
>>    11:30 pm.  Investigators said Pryor
was cleaning a 54-caliber
>>    muzzle loader that
had not been firing properly. He was using the
>>
lighter to look into the barrel when the gunpowder
ignited
>>
>>    NOMINEE No. 8: [Reuters,
Mississauga, Ontario] A man cleaning a
>>    bird
Feeder on the balcony of his condominium apartment in
this
>>    Toronto suburb slipped and fell 23
stories to his death.  Stefan
>>    Macko, 55,
was standing on a wheeled chair when the
accident
>>    occurred, said Inspector D'Arcy Honer
of the Peel regional police.
>>    "It appears the
chair moved and he went over the balcony,"
Honer
>>
said.
>>
>>    NOMINEE No.9: [Arkansas
Democrat Gazette] Two local men were
>>    seriously
injured when their pick-up truck left the road
and
>>    struck a tree near Cotton Patch on State
Highway 38 early Monday
>>    morning. Woodruff
County deputy Dovey Snyder reported the
accident
>>    shortly after midnight Monday.
Thurston Poole, 33, of Des Arc and
>>    Billy Ray
Wallis, 38, of Little Rock are listed in
serious
>>    condition at Baptist Medical Center.
The accident occurred as the
>>    two men were
returning to Des Arc after a frog gigging trip. On
an
>>    overcast Sunday night, Poole's pick-up
truck headlights
>>    malfunctioned.  The two
men concluded that the headlight fuse on
>>    the
older model truck had burned out. As a replacement fuse
was
>>    not available,  Wallis noticed that
the .22 caliber bullet from
>>    his pistol fit
perfectly into the fuse box next to the
steering
>>    wheel column.  Upon inserting
the bullet, the headlights again
>>    began to
operate properly and the two men proceeded on
east-bound
>>    toward the White River bridge.
After traveling approximately 20
>>    miles and
just before crossing the river, the bullet
apparently
>>    overheated, discharged and struck
Poole in the right testicle. The
>>    vehicle
swerved sharply to the right exiting the pavement
and
>>    striking a tree. Poole suffered only minor
cuts and abrasions from
>>    the accident, but will
require surgery to repair the other wound.
>>
Wallis sustained a broken clavicle and was treated and
released.
>>    "Thank God we weren't on that bridge
when Thurston shot his balls
>>    off or we might
both be dead" stated Wallis. "I've been a
trooper
>>    for ten years in this part of the
world, but this is a first for
>>    me. I can't
believe that those two would admit how this
accident
>>    happened," said Snyder.
Upon being notified of the wreck,
>>    Lavinia,
Poole's wife, asked how many frogs the boys had
caught
>>    and did anyone get them from the
truck.   (Way to go,
Lavinia!)
>>
>>
>
>

_____________________________
______________________________
Get more from your time online.  FREE MSN
Explorer download : http://explorer.msn.com

>


Thanks for your note.  I've been thinking about you guys a lot, too.  I haven't been back to NYC since I left on the QE2 on 9/4.  Every time I heard about the conditions downtown I assumed you would be living in the country.  Sorry to hear you had to spend so much time in a hotel.  I know what that can be like and it loses any appeal it ever had very quickly.  Also sorry to hear about Mrs. B.  I hope she is doing better.

It has been chaotic and very depressing here -- not that our acquisition deal went through but that we ever got in the position to need the deal to go through in the first place.  In fact, when they finally announced it, my primary feeling was one of relief.  Things had gotten very bad.  Next time we get together I can fill you in on all the details.  At least for now I am still employed and my prospects are pretty good under the circumstances.

It's nice you have Key West to get away to.  You'll have to tell me about the house that you have available but under the circumstances I doubt that I could get away often enough to justify taking on a lease.  It would be nice to get away from here now and then though.  I was supposed to go to Ft. Lauderdale (did you know Ted was living there now?) a few weeks ago to visit and go to the big boat show there.  That trip had to be cancelled in all the confusion around here.  I had hoped to be in New York today for a seminar (where I was actually scheduled to speak) but cancelled that also.  With luck things will start to get back to normal here soon.  I'm really feeling the need for a break (and 4 days in Cincinnati next week don't count) so maybe I can come visit some time in the next couple of months.

Tell Don I said Hi.

Mark

 -----Original Message-----
From: 	"Hal Bromm" <halbromm@hotmail.com>@ENRON
Sent:	Saturday, November 10, 2001 9:20 PM
To:	Taylor, Mark E (Legal)
Subject:	How are you ?

Mark,
You have been in mind for days, longer in fact.  Every time I read about
Enron I think of you, and life has been scattered so I have not been able to
write.

Since the news now seems to be that your company is being bought by another,
it must be chaotic for you.  Let me know how you are and what is happening.
No doubt you will survive the mess, but hope it is not taking too much out
of you.

We are slowly getting back to normal, and every trip out of NY it great as I
am very tired of police check points and ID's.  Our building is livable now
for about a month, but still behind a barricade.  My mother has been in and
out of hospital, and so that has kept me stressed.  I sold a house in KW in
late Sept, so came down then for the closing.  Hated going back to NY as we
were still living in a hotel then....

I am in KW now, much enjoying being able to work here but missing Don.  Back
to NY next week, then here again end of month.  Planning a new addition on
the house, which is trying.  The little house next door is coming up for
rent as of Dec 1, in case you are interested, and I have decided to only
rent it to a single guy...Maybe you need a little winter getaway??

All best,
Hal

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


FYI... Marathon attended the Town Hall session last week with Loretta Lynch...

 -----Original Message-----
From: 	Sandra Yamane <SYamane@marathon-com.com>@ENRON [mailto:IMCEANOTES-Sandra+20Yamane+20+3CSYamane+40marathon-com+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, July 26, 2001 5:07 PM
To:	Denne, Karen
Subject:	Loretta Lynch at Town Hall

Loretta Lynch today addressed Town Hall Los Angeles.  Approximately 120
people were in attendance.

Before her remarks, it was announced that Ken Lay had postponed his Town
Hall engagement.  Adrienne Medawar (Town Hall President) said she was very
disappointed but that Mr. Lay was committed to rescheduling at a later date.

Lynch provided a brief overview of electricity regulation in California and
the Federal Power Act.

After denouncing the "blame game" and stating that she had been on the
receiving end of a coordinated attempt to assign blame, Lynch proceeded to
place blame on former Gov. Wilson, the 1996 legislature that adopted AB
1890, FERC, and merchant generators and sellers.

Lynch discussed 5 myths of deregulation:

#1.  California deregulated its system in 1996.  Lynch stated that
California did not deregulate, rather that California federalized
electricity prices.  Despite market manipulation, FERC failed to enforce the
law.  This resulted in the largest transfer of wealth in US history.

#2.  California's problem is simply a lack of supply.  Lynch showed charts
depicting the amount of supply off-line last December.

#3.  Long term contracts would have solved the problem. The facts prove this
wrong.  Since Jan. 2000, only 10 requests were made for contract authority.
Rushing to long-term contracting could prove to be quite costly. Over
contracting may lead to excess supply.  Forward contracting also prohibits
initiatives such as direct access.

#4.  Early rate increases would have solved the problem.  The PUC raised
rates when it was demonstrated that it was necessary and did so within 90
days.

#5  Sellers will exercise self control.  All evidence points to the
contrary.  California deregulation was designed in speculator's interest.
Prices went down only because of FERC action.  High prices demonstrate the
need for government regulation in cartel situation.

Lynch offered the following suggestions to fix and improve the current
situation:

1.  Expand renewable energy and energy efficiency
2.  Forge a relationship with the "new" FERC
3.  Hold those who broke the rules accountable
4.  Make sure there is adequate supply at reasonable prices

Questions from audience:
Is it true that DWR will be able to set rates?  Yes, AB1X transferred PUC's
role of evaluating reasonableness to the DWR.  PUC cannot disallow pass
through of costs.

Will state intervention remove incentive of private business to invest in
California's electricity market?  No.  The facts bear that theory out as a
red herring.  Even with $250 price cap in place, many companies applied for
permits to build power plants.

What legal recourse do we have?  PUC has joined with the Attorney General to
investigate generators and sellers. "I believe they stepped over the line.
They were sloppy about it."  We've been thwarted by confidentiality
agreements, but justice will prevail.


Susan,
Haven't bought your tickets yet, but have a feeling I won't be able to do anything about you getting in at 9:00pm Sunday.  I will ask though.  You should be leaving on Tuesday and returning to Houston on Sunday (and leaving Korea on Sunday).  The total air fare should be $962.  Shoot me a quick e mail if this is not ok.  Otherwise, I will plan on purchasing your tickets this afternoon.  Thanks!
-Chris

Do You Yahoo!?
Make international calls for as low as $.04/minute with Yahoo! Messengerhttp://phonecard.yahoo.com/


Suz,

Please print two originals of this CA (in my CA directory) InterGen North
America CA May 18 rev 1.

Thanks,

Kay


Thanks for sending me your thoughts from the meeting you attended.  These are
interesting, and definitely can relate to some of the things that we
discussed in Dallas.  Please continue to send me any thoughts you have on the
subject.  I will organize a recap of the recent work we have done in trying
to "size" the market for our services and get that out to all attendees
within the next week or so.  --Sally

Richard Sage
03/07/2001 07:24 AM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: FYI: STP and T+1

Sally,
I went to a seminar on Monday evening organised by a consultancy called The
Capital Markets Company, who did the market analysis on the T+1 idea for the
Global STP association.
Attendees were UBS Warburg, Goldman Sachs, Morgan Stanley, Depository Trust
Company etc
The subject was nominally how moving to T+1 settlement in the financial
markets would affect STP, but it ended up going rather wider than that.
There were distinct echoes of some of the discussions at the ASE in Dallas,
so I thought you might be interested to see some of the thoughts expressed:

It seemed that every bank was hoping to be able to sell the back-office
services, but no-one seemed to be willing to buy!
Some people would only ever buy if there was more than one supplier, so that
there was a competitive market.
Somebody will eventually break through to be able to offer the services.
One cannot avoid having to understand processes by outsourcing - one needs to
understand the process in order to police the SLA.
Support personnel perceive that it will probably be 5 years before it becomes
so difficult to make more more in the front office that there will be serious
focus on saving money in the back office.
Nobody's compensation is realistically tied to achieving operational metrics.
Nothing will change until there is a crisis.
T+1 would just increase the number of fails. (this might be the crisis which
would drive out the weaker players which would mean that the remaining
players would be only dealing with better--organised counterparties which
would decrease the number of fails)
This last point prompts the thought that the quickest way to generate lots of
demand for EEO services from outside would be to have the standard cycle
times reduced (have FERC insist?). But we would have to make sure we could
cope to!


Run!  While there's still time.  And get on the call with Paul.  It starts in
1 minute.


Additional Information for Security Resource Request  EMLN-4RWQS7 has been
provided by Security.

To view the request, double click your left mouse button on the Notes
document link below.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/28/2000
05:00 PM ---------------------------
From: Wade Cline@ENRON_DEVELOPMENT on 01/28/2000 07:17 AM ZE5B
To: Pinnamaneni Krishnarao/HOU/ECT@ECT
cc: Sandeep Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vince J
Kaminski/HOU/ECT@ECT
Subject: Re: Mark-to-Market

Sandeep,

Can DPC sell to MSEB and have EIPL buy an equivalent amount of power from
MSEB at another spot on their grid, and then EIPL sell to the 3rd party state?

Pinnamaneni Krishnarao@ECT
01/27/2000 04:00 PM
To: Sandeep Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Vince J Kaminski/HOU/ECT@ECT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Mark-to-Market

Sandeep:
 I met with Bob today and discussed the deal structure we put together. On
the mark-to-market issue, Bob and his colleague Wess told me that as long as
payments are tied to one particular plant, we cannot m-t-m them. They had
same problem with plants here in the US (like the peaking plants) and they
had to separate the plant from power sales to be able to m-t-m the assocated
cashflows.  What they did is: they sold power from the plant to an outside
party and bought it back from them at completely different (multiple)
locations. The buyback is not tied to any specific plant and is marked to
maket. Even if Enron can somehow mark-to-market a deal with DPC, it can do so
for only 50% of the cashflows because only 50% of DPC is owned by outsiders.
And a simple loan to an affiliate cannot also be marked to market.

 Bob was suggesting that if EIPL buys options from DPC and from some other
plants and in turn sells power to AP or Karnataka then we could have a case
for m-t-m. Politically DPC selling power to EIPL may not be the best
solution, to put it rather mildly!

Our alternatives, as I see them, are
1. Do the deal as we structured it. The only difference is that Enron doesn't
mark it to market and income is      earned only in 2002-03.
2. Do the deal as we structured it. EIPL/Enron then sells the contract to
another party at a profit. The problem, of course, is finding this party and
forking part of the profit to them.
3. Same deal, except revenue securitization is done through an outside party
in India (not EIPL).

Bob said he will think about the issues some more this week. Let me know when
you will be here next week so we can meet with Bob together. I will be going
to Boston for Tuesday and/or Wednesday (Feb.1-2). I can book an appt. with
Bob for us.

Sandeep Kohli@ENRON_DEVELOPMENT
01/23/2000 09:45 PM
To: Robert Butts, Pinnamaneni Krishnarao@ECT
cc: Vince Kaminski, Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ananda
Mukerji, Jaiprakash Desai/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Mark-to-Market

Bob,

I wanted to continue the analysis on mark-to-market that I had spoken to you
about on the phone.

I thought that it was getting very difficult explaining the whole transaction
by phone, so I am having Krishnarao who is in Vince's group explain the
transaction to you.

Krishna has been helping us structure the deal here in India, and he has just
returned to Houston from India after working with the team here.

He will seek an appointment with you to explain the transaction.  I would
like you to please spend some time with him, and then based on the discussion
please send us a note detailing how sucha a transaction would be marked to
market.

Please cosider the fact that currently there are no such transactions from
the Indian side.  This is a very important transaction for us, and we may
need to repeat this in coming months, hence setting up the system to account
for these maybe well worth it.  Also, what I am concerned about is that there
will be an Enron India (EIPL) account in India based on Indian GAAP, and upon
consolidation there will be a US GAAP accounting in the US.  It is here that
we would like to have mark-to-market accounting.  EIPL is structured through
Mauritius, and then Caymen Islands.

Another key question to consider is that when we m-t-m the transaction in the
US there will be a tax accruing in the year of m-t-m (say 2000).  However, in
India, as a result of the accrual accounting, there will not be any income
showing till the year 2002 or 2003.  We will need to know how that would get
treated, and whether there is a way to get credit for the tax payable in the
US.  I am also confused about whether US tax would be levied, since none of
the income is being brought back into the US (remains overseas - subpart-F
and other concerns).

Finally, we have been working hard in structuring a fixed price contract and
getting a fixed for floating swap in the US (this is still not allowed to
Indian Corporates).  I need you to think about this too, and see if some type
of accounting will solve this issue.  Krishna knows what I am talking about,
and will brief you on the same.

Krishna - Please walk Bob through the three structures we had worked here.

Look forward to your help and comments.  This is going to be an exciting
project for us all.

Regards,
Sandeep.


Ruling Against Texas Hospital Swap May Put Similar Deals in Jeopardy

  DALLAS -- A recent ruling that the El Paso County, Tex., Hospital District
illegally entered into an interest rate swap in late 1996 may imperil attempts
by other county health care providers to issue similar hedges, according to
officials familiar with ...

Published by: The Bond Buyer
Date: 07/26/1999
Word Count: 470
Relevance Score on Scale of 100: 89
Folder Name: Derivatives

Full-text article available at
http://nrstg1p.djnr.com/cgi-bin/NewsRetrieval?cgi=WEB_ST_WC_STORY&DBNAME=FINSE
RV&HDAN=TBBY9920700008&Search=Derivatives&QID=94094&QT=R&HDSC=TBBY

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

To review or revise your folder, visit http://www.djinteractive.com or
contact Dow Jones Customer Service by e-mail at custom.news@bis.dowjones.com
or by phone at 800-369-7466. (Outside the U.S. and Canada, call 609-452-1511
or contact your local sales representative.)
______________________________________________________________________
Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved


I will be on vacation this Thursday and Friday, March 22 and 23, returning
Monday March 26

Since Gary Lamphier is also on vacation on those days, these are my contact
numbers:

pager  800-503-3668

vacation house 863-420-1657

Additionally, I'll be checking my voicemail regularly

Thanks

Lee


I think so, you saw the email i sent this morning regarding india.  You must
visit there so we need to have it atleast long enough for you to visit!!!!!!!!
m

To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: Re: Referral from George Fastuca

I'd be happy to meet him, and I'll see if anyone knows him.  On another note,
does mideast mean india?

jeff

	From:  Mike McConnell                           09/07/2000 08:12 AM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Referral from George Fastuca

FYI and consideration
m
---------------------- Forwarded by Mike McConnell/HOU/ECT on 09/07/2000
08:12 AM ---------------------------

Mfitzgerald99@aol.com on 09/06/2000 12:15:29 PM
To: mike.mcconnell@enron.com
cc: cathy.phillips@enron.com
Subject: Referral from George Fastuca

Michael E. Fitzgerald
2115 Mount Forest Drive
Kingwood, Texas 77345
281-361-6054
Mfitzgerald99@aol.com

September 6, 2000

Dear Mr. McConnell:

I have been referred to you by a neighbor of mine, George Fastuca. I have
known George for approximately 18 months and when he heard I was looking to
do differently he strongly suggested I contact you. I am searching for a
position that will permit me to utilize the broad based business experience I
have acquired in commercial and investment banking, industry and public
accounting.

Most recently, I was Vice President for American Electric Power Energy
Services, a natural gas and electric power trading start up, responsible for
business development. As Senior Vice President of Capital Markets at Chase
Manhattan Bank, I launched an extremely successful derivative
products/structured finance business in Texas and contiguous states. At
Continental Bank, Citicorp and Motorola, Inc., I was responsible for a
variety of innovative marketing and financial initiatives which included
establishing new businesses, restructuring existing businesses and
refinancing established or newly acquired businesses.

Attached is a copy of my resume. Qualities which have contributed to my
success are:

? Entrepreneurial. 3 of my last 4 positions were start ups or turnarounds.
Experience with early stage ventures and acquisition identification.
? Partnership. Ability to build strong relationships by providing solid
counsel and negotiating skills. Established and maintained excellent working
relationships with other senior operating managers.
? General Management. Have held full P&L responsibilities. Established
policies, programs and procedures to achieve growth objectives, including
recruitment, evaluation and development of personnel.
? Core Competencies. Development and refinement of organization
infrastructure, including external marketing, joint venture relationships,
internal operations management, strategic planning and new product
development. Have identified and concluded acquisitions. International
experience.

I would appreciate the opportunity to speak with you about opportunities at
Enron. I will call Cathy this Friday to see if there is an appropriate time
when we may speak next week.

Sincerely,

Michael E. Fitzgerald
 - Vcresume.doc


Attached are the final draft of the talking points on Enron's deal to support
Davis in exchange for competition.

Rick tells me that he intends (with Steve) to talk with Lay about this at the
9:30am tomorrow (on Friday).

Jim


---------------------- Forwarded by Dana Davis/HOU/ECT on 10/09/2000 09:33 AM
---------------------------

	Enron North America Corp.

	From:  Dana Davis                           10/09/2000 09:24 AM

To: KDavis2075@aol.com @ ENRON
cc:
Subject: Re: Hello sugar pudding

Hi Mommy!  Yes you may make a grilled cheese sandwich but get off the
internet while you are doing it.  I want to be able to call you during this
time.


-----Original Message-----
From: EPLF
Subject: FW: Paper Situation

EPLF now declares a jihad on the SADIST infidels and the University
of Miami football team.  PS  Don't bother freezing our assets, Enron
already did that...

EPLF

-----Original Message-----
From: SADIST
Subject: FW: Paper Situation

We will never negotiate with toaster terrorists!  We will eat raw bread forever rather than turn over a single sheet of paper - or even a single chad - to those who would resort to such extortion.  If we give in now, we will only encourage such acts in the future.  First our microwaves, then our filtered water dispenser, then our refrigerators will become targets of these evil doers.  Rather, we will hunt down those responsible for this dastardly act, and bring them to justice or justice to them.  We will also go after any department supporting the evil doers as well as anyone who partakes of bread (or Eggos or pop tarts) toasted in the purloined appliance!

EPLF -- you're TOAST!!!!!

Small Appliance Defenders In Support of Toasters  (SADIST)

-----Original Message-----
From: The EPLF
Subject: RE: Paper Situation

We have your toaster!!!  You'll get it back when our demands are met.
Leave 4 boxes of 8 1/2 x 11 paper (no damn 3 hole punch paper either)
under the TV on the west end of the 39th floor and you'll be toasting
away within a few hours.  This isn't from Craig; we've hacked into his
email...

Enron People's Liberation Front (EPLF)...

-----Original Message-----
From: Green, Alma

Getting paper for the floor is out of my hands.  I have had three calls this morning plus a note left on my desk to order paper.
Donna Scott is working with the mail room.

Our toaster that Rick Dietz bought when we moved down here is missing this A.M.  Has been reported to Facilities who will report to Security.  If anyone knows anything, would you please let me know!

	Tnx, Alma G.


PLEASE READ THIS IMPORTANT INFORMATION CONCERNING THE ENRON STOCK FUND IN THE ENRON CORP. SAVINGS AND ESOP PLANS

On Friday, January 11, trading of Enron stock was suspended on the New York Stock Exchange (NYSE).  All Savings and ESOP Plan transactions, including 401(k) payroll contributions,  involving this fund were placed in a pending status until trading resumed.

As announced by Enron's Office of the Chair on Wednesday, January 16, Enron stock would now be traded Over The Counter (OTC).  Upon receiving this information, work began immediately to develop a process that allows for OTC trades in the plans.

On Thursday, January 17, Enron initiated a process to facilitate OTC trades of Enron stock inside the 401(k) and ESOP and all pending transactions were processed using Thursday's closing price.

Now that trading has resumed, we urge you to review your investment elections to ensure that they are consistent with your investment goals.

As things change, we will continue to update you.

Enron Benefits Department


---------------------- Forwarded by Phillip M Love/HOU/ECT on 04/09/2001
12:59 PM ---------------------------
Eric Bass   04/09/2001 11:41 AM

To: Shanna Husser/HOU/EES@EES, Bryan Hull/HOU/ECT@ECT, Timothy
Blanchard/HOU/EES@EES, Matthew Lenhart/HOU/ECT@ECT, David
Baumbach/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Patrick Ryder/NA/Enron@Enron
cc:
Subject: FW: Check this out.

---------------------- Forwarded by Edward D Gottlob/HOU/ECT on 04/09/2001
10:36 AM ---------------------------

"Gottlob Jr, Donald W" <GOTTLODW@bp.com> on 04/09/2001 10:24:25 AM
To: "Williamson, Alvin G" <WILLIAA7@bp.com>, "Befort, August III"
<Beforta@bp.com>, "'Aunt Billie'" <tejas@txcyber.com>, "'Bill Larson'"
<BillLarson@wyoming.com>, "'coe/jay wk'" <stubeco@aol.com>, "'Craig Janek'"
<craigjanek@aol.com>, "'David Smith'" <DS1020@aol.com>, "Richardson Jr,
Donald B" <RICHARDB@bp.com>, "'Ed'" <egottlo@ect.enron.com>, "'Hal'"
<Barrow4@Prodigy.net>, "Hooter, Howard" <HOOTERHL@bp.com>, "Ivy, Ross A"
<Ivyra@bp.com>, "'J Carter'" <jcarter@utmb.edu>, "'J Snider'"
<john_snider@sgs.com>, "Guyton, Jimmie V" <GUYTONJV@bp.com>, "'Jan Payne'"
<jpayne@hydril.com>, "'Jeff hm'" <bayshore2@earthlink.net>, "'jeff work'"
<GottlobJW@2mawnr.usmc.mil>, "'Jessie'" <nowir1x1@aol.com>, "'John Garza'"
<ajgarza@msn.com>, "Geddes, John T" <GEDDESJT@bp.com>, "Clark, Ken"
<CLARKRK@bp.com>, "Payne, Kenneth M" <PAYNEKM@bp.com>, "'koral'"
<kkypreos@yahoo.com>, "'Kyle'" <kyle.johnston@anico.com>, "Frank, Larry J"
<FRANKLJ@bp.com>, "'Leigh'" <LeighRV@aol.com>, "'louie'"
<trochesset@aol.com>, "'lynn'" <ljamail@galvestoncvb.com>, "Painter, Martin
D" <PAINTEMD@bp.com>, "'melinda'"  <mlgarlan@email.utmb.edu>, "Lozano,
Michael A" <LOZANOMA@bp.com>, "'paul hm'" <pwhitewing@aol.com>, "'paul wk'"
<pwhiteman@endurosys.com>, "Eames, Richard D" <eamesrd@bp.com>, "'R.Novelli'"
<ross@txlending.com>, "Pinder, Charles R" <PINDERCR@bp.com>, "'Raul'"
<rrcastro@utmb.edu>, "Moseley, Robert L" <MOSELERL@bp.com>, "'Ronnie'"
<rch965@aol.com>, "'s garza'" <sgarza@endurosys.com>, "Tenhaaf, Stephen P."
<tenhaasp@bp.com>, "'stacey'" <sgottlob@utmb.edu>, "Douat, Stephen F"
<DOUATSF@bp.com>, "'steve levy'" <slevy@wt.net>, "'susan garza'"
<segw99@aol.com>, "'Tina (wk)'" <Tina.walker@tdh.state.tx.us>, "Fox, Vernon
D"  <FOXVD@bp.com>, "Daley, Vicki R" <DALEYVR@bp.com>, "Blundell, Wayne"
<BLUNDENW@bp.com>, "Larson, William L" <LARSONWL@bp.com>
cc:
Subject: FW: Check this out.

?
-----Original Message-----
From: Barnes, Mark T
Sent: Saturday, March 17, 2001 03:29
To: Gottlob Jr, Donald  W; Evans, Jay
Subject: FW: Check this out.

?
 - HAPPY.EXE


The weekly conference call scheduled for today at 2:00 p.m. Central time has
been cancelled.

Thank you.

Janette Elbertson
EWS Legal
Telephone:  (713) 853-7906
Fax:  (713) 646-2600


George Gilbert entered an Annuity and changed the status to Not To Be
Confirmed.  This will not be settled by settlements because no comments were
entered to be Settled Financially.  Do you know what this annuity is related
to?

Please let me know.

Thank you,

Janie Aguayo
Financial Confirmations


Hi Kim:

You and your associates are invited to attend this meeting.

If you have any questions, please call me.

Thanks!

Shirley

******************************************************************************
*************
The following presentation will be this Friday, the 18th of February from
1:00 pm to 3:00 pm in EB 19C2 (Our large conference room).

Please plan to attend this presentation by ICF Consulting.

Agenda for Presentation by ICF Consulting

1.  Qualifications for ICF Consulting (6 slides)

 A. Energy consulting background (2 slides)
 B. Experience with computational market equilibrium modeling methodolgies (2
slides)
 C. Experience of key ICF individuals (2 slides)

2. Description of Enron,s Modeling Interests (to be discussed with Enron)

3. ICF,s Intertemporal, Interregional Equilibrium model of the North American
Natural Gas Analysis
 System (NANGAS) (14 slides)

 A. Overview of NANGAS (2 slides)
 B. Upstream components  (3 slides)
 C. Downstream components (4 slides)
 D. Computation of market equilibrium prices, quantities, and flows (5 slides)

4. Potential Modeling Consulting  (9 slides)

 A. Assistance in developing market equilibrium models for the energy sector
(1 slide)
 B. Investigate alternative market equilibrium models for energy applications
  i.  Models of imperfect competition (e.g., Nash-Cournot, etc.) (3 slides)
  ii. Models of auctions in market forecasting (1 slide)
  ii. Models that incorporate stochastic inputs (e.g., stochastic
programming) to take into account risk (2 slides)

 C. Actions Items (to be completed in consultation with Enron) (2 slides)


Please consider the following retired judges from Chicago.  I don't know any
of them personally and there is a good chance that neither does Paul Weiss:
Abner Mikva, Seymour Simon, Frank McGarr.  They come highly recommended by
my friend Marv Aspen, the Ch. Judge of the ND Ill.

Steve Susman
713/653-7801
Pager 888/562-1184
Fax  713/654-6670

-----Original Message-----
From: Williams, Robert C. [mailto:Robert.C.Williams@ENRON.com]
Sent: Wednesday, June 06, 2001 9:44 AM
To: Haedicke, Mark; Mordaunt, Kristina; Sanders, Richard; Derrick Jr.,
James; Walls Jr., Rob
Cc: Johnny W. Carter; Steve Susman; Kenneth S. Marks
Subject: Arbitrators for Blockbuster Arbitration

We have been given a new list of potential arbitrators.  Please take a
minute and let me know if any of these represent us, and the general
level of representation.  Thank you again for your help.  If you want to
leave me a voicemail, my telephone number is (713) 646-6412.

     1.  William Frank Carroll--Donohoe, Jameson & Carroll
     2.  James E. Coleman Jr.--Carrington, Coleman, Sloman & Blumenthal
     3.  Randall Duke--Johnson & McElroy
     4.  Edward Fiorito--Consultant
     5.  Eric F. Hale, Jr.--formerly with Carrington, Coleman; now
self-employed
     6.  Herbert J. Hammond--Thompson & Knight
     7.  Orrin Harrison--V&E
     8.  Brian J. Hurst--Baker & McKenzie
     9.  C. Michael Moore--Locke Liddell
    10.  Robert C. Prather, Sr.--Jordan, Dunlap, Prather & Harris,
L.L.P.

No need to respond as to V&E or Locke Liddell, except as to information
about the individuals.  Steve et al.,  Baker & McKenzie does represent
Enron on several matters of which I am aware, but to my knowledge it is
not one of our top 10 firms in billings.


Looks fine.

	Jeffrey T Hodge
	12/28/2000 05:05 PM

		 To: Colleen Sullivan/HOU/ECT@ECT, shak@ev1.net
		 cc: Richard B Sanders/HOU/ECT@ECT
		 Subject: TDC

Colleen:

Attached is a revised version of the draft you forwarded.  We can discuss
next week, but this will not be sent to TDC until the lawsuit is filed.  By
copy of this e-mail, I am asking Richard Sanders to take a quick look  at the
letter including specifically the next-to-last paragraph.

Jeff


Ken:

Please take a look at this deal summary sheet.  As we discussed, our goal is
to come up with a structure that we can use for all of our "pool" sales
behind SoCal and PG&E.  CAn you get with the key folks and see if they like
the approach and to set the index premiums and discounts?

C


i feel a little awful...plus i'm tired.  I hope you weren't looking forward to speaking with a sober Mat yesterday.  i don't think i was that drunk, but who knows.  plus, i must be allergic to something because i can't stop sneezing.  oh, my life just sucks these days...j/k.  anyway, are you looking forward to tonight...especially with a nice full moon...make sure to look out for the goblins...

-----Original Message-----
From: Laurel Hazzard [mailto:lhazzard@firstam.com]
Sent: Wednesday, October 31, 2001 10:28 AM
To: Smith, Matt
Subject:

Happy Halloween!

How are you feeling this morning?  I know you love email correspondence, so
you'll be sure to write back.


Harlan E. Murphy
Enron Wholesale Services - Legal
1400 Smith Street, EB 3811
Houston, Texas 77002
Tel: 713.345.2679
Fax: 713.646.3490
E-mail: Harlan.Murphy@Enron.com


Lindy,
Attached are the Interactive Open Season Application requirements that were used to look at DealBench.  I'll schedule a meeting next week when Jeanne and Linda get back to review Capacity Release and see how applicable it might be to these application functions.

 -----Original Message-----
From: 	Abramowicz, Richard
Sent:	Thursday, October 25, 2001 9:32 AM
To:	Kedwaii, Hasan; Hermanek, Patty; Sawyer, Lisa
Subject:	FW: ios requirements

 -----Original Message-----
From: 	Abramowicz, Richard
Sent:	Friday, October 19, 2001 10:20 AM
To:	Kedwaii, Hasan; Hermanek, Patty
Subject:	ios requirements

Attached is a document explaining the old Interactive Open Season application.


Please find attached the Final Name Change/Merger Notification Report for
April 2001.  To launch the report, double click on the attachment and select
Enable Macros and Read Only.
Please note that:
 ERMS short names will be changed in GCP and ERMS each Friday at 10am Central
Time, and
 Inactivations will be made on May 1

We have made a few changes to our Name Change/Merger Notification Report - it
now has a new look and a couple of features we hope will assist you.  For
more information, please click below:

Each month now has two sheets, a summary sheet (eg Jan 01 Changes) and a
detailed sheet (eg Jan 01).
Click below for more information:

The summary sheet can be used to view all changes after a certain date.  If
you're aware of all changes up to, say, January 15th enter 01/16/2001 in cell
C6 of the Summary Sheet and click the Sort button in cell H6.  All changes
made to the report on or after January 16th will be listed automatically.
The Summary sheet may also be sorted for certain criteria - use the drop down
arrows alongside the column headers to make your selection.

This sheet contains all the information you are used to seeing, but slightly
reformatted.  Key points are:
In the case of an Inactivation, the cause of the Inactivation (eg Merger) is
listed in the Comments section
As with the previous format,
all months' reports will be sent cumulatively throughout the year
the report will be sent out twice each month, on the 15th and at the end of
the month.

It is our aim to publish the report in Livelink and to send out only the
summary sheet and a URL for the detailed report each month.  This will save a
lot of space in Lotus Notes and we hope it will streamline your monitoring
process.

Please call me with any questions or concerns.

Cheryl x33103


I have attached Seabron's draft of the Section 206 white paper.  Although I
have not read it yet, I'm sending it because so many of you asked to see it.
If you wish to have a conference call about this let me know.  Or you can
just E-mail your comments to me.

To: <mary.hain@enron.com>
cc:
Subject: Fwd: Draft White Paper

Please find attached an Acrobat version of a Preliminary Draft white paper.
If you have any difficulties receiving or using the attached file, please do
not hesitate to call me.

Regards,

Kevin Wellenius

Frontier Economics, Inc.
Two Brattle Square
Cambridge, MA 02138
(617) 354-0060
(617) 354-0640 FAX

www.frontier-economics.com

This e-mail, and any attachments thereto, is intended only for use by the
addressee(s) named herein and may contain legally privileged and/or
confidential information.  If you are not the intended recipient of this
e-mail, you are hereby notified that any dissemination, distribution or
copying of this e-mail, and any attachments thereto, is strictly prohibited.
If you have received this e-mail in error, please immediately notify me at
(617) 354-0060 and permanently delete the original and any copy of any
e-mail and any printout thereof.

 - 00-10-07 SA Draft Enron White Paper.PDF

---------------------- Forwarded by Mary Hain/HOU/ECT on 10/06/2000 02:50 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Ronald Carroll" <rcarroll@bracepatt.com>
10/06/2000 02:12 PM

To: <mary.hain@enron.com>
cc:
Subject: Fwd: Draft of Enron White Paper on California markets

Mary, I've attached Seabron's draft of the White Paper.  Per your request,
Seabron added a section on governance; I have not reviewed this particular
section to see if I have any additional thoughts or comments, although I
agree with Seabron that we should probably discuss the need for this section
next week.  I have received the Acrobat version by separate email and will
forward it to you separately.  Finally, I will send the pleading that will
accompany the White Paper to you on Monday.  Ron
Received: from mcafee.bracepatt.com by bracepatt.com; Fri, 06 Oct 2000
15:41:25 -0500
Received: FROM kes.ici.net BY mcafee.bracepatt.com ; Fri Oct 06 15:41:40 2000
-0500
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with SMTP id QAA06374 for <rcarroll@bracepatt.com>; Fri, 6 Oct 2000 16:36:10
-0400 (EDT)
From: "Seabron Adamson" <seabron.adamson@frontier-economics.com>
To: "Ronald Carroll" <rcarroll@bracepatt.com>
Subject: Draft of Enron White Paper on California markets
Date: Fri, 6 Oct 2000 16:36:22 -0400
Message-ID:
<NDBBJDNDALMDFFFCOAEBEELMCEAA.seabron.adamson@frontier-economics.com>
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Ron:

Please find attached a first draft of the Enron white paper on further
California market reforms.

I have added a short section on governance as discussed, although I am not
convinced that it has a great role or that the comments of Carl or I are
very insightful on this issue. Perhaps we should discuss it further next
week.

Give me a call if you need anything else. There may be problems with the
Word version (Word always causes problems) so I will email you an Acrobat
version as well in a few minutes.

Seab

This e-mail, and any attachments thereto, is intended only for use by the
addressee(s) named herein and may contain legally privileged and/or
confidential information.  If you are not the intended recipient of this
e-mail, you are hereby notified that any dissemination, distribution or
copying of this e-mail, and any attachments thereto, is strictly prohibited.
If you have received this e-mail in error, please immediately notify me at
(617) 354-0060 and permanently delete the original and any copy of any
e-mail and any printout thereof.

Seabron Adamson
Frontier Economics Inc
Two Brattle Square
Cambridge, MA 02138 USA
Ph:  (617) 354-0060
Fax: (617) 354-0640
seabron.adamson@frontier-economics.com

www.frontier-economics.com

 - 00-10-07 SA Draft Enron White Paper.doc


Jennie - This looks okay if I wait for my husband or Liz to go on the 20th -- although I think the return would need to be extended a  day or so.

Could you also see about if I am traveling alone and wanted to change my ticket to leave Sat.  I was searching the Internet and it looks like the Lufthansa flight is still available on Sat.

I need to make some quick decisions about what I'm doing tomorrow.

-----Original Message-----
From: Jennie Hendrickson [mailto:jennieh@tvlon.com]
Sent: Wednesday, December 12, 2001 2:39 PM
To: lgras91577@aol.com; Corman, Shelley
Subject:

this is the closest dates I can find the nonstop Houston flight that will still accept a waitlist so I booked this one also..........jennie

TRAVEL ON                       AFTER HOURS: 800-366-2100 REFERENCE: 16XL
9000 VIRGINIA MANOR ROAD STE 201
BELTSVILLE MARYLAND 20705
FOR YOUR UNIQUE TRAVEL ON TELEPHONE NUMBER...SEE BELOW
-----------------------------------------------------------------
                                       GRAS/ELIZABETH
                                       CORMAN/SHELLEY
                                       ERB/KIM MR
 KIDSAVE INTERNATIONAL
 2122 P STREET SUITE 302
 WASHINGTON DC  20037

DATE OF ISSUE: DEC 12 2001  ITIN/INVOICE NBR: ITIN         PAGE: 01
.........................................................................
FROM             TO           AIRLINE   FLT   DEP   ARR      STATUS
20 DEC 01 THURSDAY
HOUSTON/INTCON  FRANKFURT       LUFTHANSA    441  440P  935A WAITLISTED
                                 CLASS:B  MEAL
                                     ARRIVAL DATE-21 DEC
 ELAPSED TIME- 9:55  MILES- 5231
 NONSTOP                      EQUIP-340

21 DEC 01 FRIDAY
FRANKFURT       ALMATY          LUFTHANSA    648 1045A 1020P CONFIRMED
                                 CLASS:B  MEAL
 ELAPSED TIME- 6:35  MILES- 3173
 NONSTOP                      EQUIP-340

               SURFACE TRANSPORTATION

03 JAN 02 THURSDAY
MOSCOW/SHEREMT  FRANKFURT       LUFTHANSA   3221  700A  835A WAITLISTED
                                 CLASS:B  MEAL
 ELAPSED TIME- 3:35  MILES- 1262
 NONSTOP                      EQUIP-32S

          THURSDAY
FRANKFURT       HOUSTON/INTCON  LUFTHANSA    440 1015A  240P WAITLISTED
                                 CLASS:B  MEAL
 ELAPSED TIME-11:25  MILES- 5231
 NONSTOP                      EQUIP-340

CONTACT TRAVEL ON AT: 240-387-4110 OR 877-657-4772
**YOU MUST VERIFY ITINERARY FOR ACCURACY/ACCEPTANCE
OF INCORRECT INFORMATION IS TRAVELERS RESPONSIBILITY**

                                     SERVICE FEE *SEE BELOW       0.00

*NO SERVICE FEE THIS TRANSACTION
** AFTER HOURS HELPLINE 800-366-2100 REFER TO: 16XL **

Jennie Hendrickson
Travel On
9000 Virginia Manor Rd Suite 201
Beltsville MD 20705
240-387-4033-phone
877-657-4772-toll free
240-387-4101-fax
jennieh@tvlon.com <mailto:jennieh@tvlon.com>


FYI

-----Original Message-----
From: 	Enron Payroll
Sent:	Monday, November  26, 2001 8:42 AM
To:	Hickok, Kim; Enron Payroll; Parra, Veronica
Cc:	Alvarez, Irma; Burns, Jennifer
Subject:	RE: Jeff's November 15th pay stub

Kim

Payroll will print out a hard copy of his Nov 15th check today and forward that to his office.  It is too late to change his Nov 30th check but we will print one on Friday and forward that one too.

The HR Service Connection Team will process the change in the system so that hard copies will be delivered beginning with December.

Ginger Sinclair

 -----Original Message-----
From: 	Hickok, Kim
Sent:	Monday, November 26, 2001 8:37 AM
To:	Enron Payroll; Parra, Veronica
Cc:	Alvarez, Irma; Burns, Jennifer
Subject:	FW: Jeff's November 15th pay stub

Veronica & Payroll:  Jeff Shankman (EGM COO) would like to have a hard copy of his Nov 15th check and a hard copy going forward, could you please advise how we might be able to accommodate this request?  Jeff is part of our Office of the Chair, so I want to be sure to double check all possibilities.

Please advise.

Thank you,
Kim Hickok

 -----Original Message-----
From: 	Burns, Jennifer
Sent:	Monday, November 26, 2001 8:13 AM
To:	Hickok, Kim
Cc:	Shankman, Jeffrey A.
Subject:	Jeff's November 15th pay stub

Kim-

I believe November 15th was the start of online paycheck stubs through EHRONLINE for those who are on direct deposit however, Jeff would like to receive hard copies of his paycheck stubs including Nov. 15th.  Can you help us with this?

Thank you!
Jennifer

Jennifer Burns
Executive Assistant to Jeff Shankman
Enron Global Markets, LLC


Hello Scott,

Thanks for Sriram. I shall call you later this week with an
update on our needs.

Vince

 -----Original Message-----
From: 	"Scott" <scott@focuscapital.com>@ENRON [mailto:IMCEANOTES-+22Scott+22+20+3Cscott+40focuscapital+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, August 28, 2001 1:01 PM
To:	Vkamins@enron.com
Subject:	Sriram

Sriram is very happy. Are you ready for anymore  additions. Keep me posted. Thx., Scott


Ed -- Following up  on our conversation yesterday, I have now had further
negotiations with DP&L re the EEI cover sheet and all points are resolved,
pending your credit worksheet and dispatch to DP&L of a cover shhet draft
containing credit terms.  Please come back to me with credit input as soon as
possible.  Thanks.  -- David


---------------------- Forwarded by Marc Eichmann/Corp/Enron on 01/19/2001
09:17 AM ---------------------------

	From:  Marc Eichmann                           01/19/2001 08:44 AM

To: Harry Arora/HOU/ECT@ECT
cc: Greg Piper/Corp/Enron@Enron

Subject: EOL Model with commodity markets

I am sending you the EOL model on Greg Piper's request. The model reflects
accurately the traded volumes on EOL for 2000. Projections for 2001- 2011
were built based on feedback from traders, investment bank and research
institutes B2B forecasts and, common sense. These can be manipulated by
changing the assumptions in the assumption sheet.

On the financial side the balance sheet and income statement have not been
completely modelled since no specific deal structure has been defined.
Though, they include the main revenue and expense components for EOL.

If you have any doubts with respect to the functionality of the model, please
let me know. I am available to clarify them at your convenience.

Marc Eichmann


We have spaces available at the Allen Center parking garage for $94.00 per month, payroll deduction. If you are interested in acquiring one of these spaces, please reply via e-mail by 5:00, Thurs.,July 19th.

If you are currently parking at a garage that is subsidized by Enron you will need to turn in that access card before you get your Allen Center access card. We will give you a permit to get out of the garage at the end of the day.


---------------------- Forwarded by John J Lavorato/Corp/Enron on 05/26/2000
09:16 AM ---------------------------

Richard Shapiro@EES
05/24/2000 01:30 PM
To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc:

Subject: Molson ad

Thought you would enjoy- hopefully you can open.
---------------------- Forwarded by Richard Shapiro/HOU/EES on 05/24/2000
01:29 PM ---------------------------

Rodney Reagor <rodney@reagor.com> on 05/24/2000 10:29:30 AM
To: rshapiro@enron.com
cc:
Subject: Molson ad

The ad is attached.

Rodney - molson-canadian-i-am.mov


Here are the numbers

	Enron North America Corp.

	From:  Eric Bass                           04/14/2000 11:58 AM

To: Melissa Graves/HOU/ECT@ECT
cc: Susan Smith/HOU/ECT@ECT, George Weissman/HOU/ECT@ECT
Subject: Re: Wellhead Accrual Income

Melissa,

As you know, as of Jan 01, 2000 the Wellhead Portfolio has been segregated
from the rest of HPLC's Physical Portfolio.  As a result of this segregation,
it has become much easier to analyze and manipulate this data so that monthly
"accrual value" can be determined.  This analysis has resulted in the
realization that the Wellhead Potfolio creates approximately $275,000 of
accrual value per month.  The main drivers of this accrual value are deals
that have rolled into evergreen status, accrual term deals,  actual volumes
greater than booked, half cent bid to mid spread, incorrect markings, and
value withheld from MTM because of accrual costs.  Of the above, Greg Sharp
will receive value associated with evergreen/accrual deals, actual volumes
greater than or less than booked, and deals incorrectly marked.  Tom will
keep value associated with his half cent bid to mid and accrual value needed
to pay accrual costs (such as gas quality issues).  The breakout of this
value has been on average 60% to Greg and 40% to Tom.  The following is a
breakdown of 1st quarter accrual value.

January-

Total Accrual Value = $266,504

Greg's Value       Tom's Value
Evergreen Value =                         $140,750     Bid to Mid =
$105,000
Accrual Value =                               $53,000    Accrual Costs
=       $13,000
Actual Volumes>Booked =         $60,000           $118,000
Incorrect Marking =                       ($105,000)
Total Value =                                   $148,750

February-

Total Accrual Value = $289,305

Greg's Value       Tom's Value
Evergreen Value =                         $145,000     Bid to Mid =
$100,000
Accrual Value =                               $62,000    Accrual Costs
=       $13,000
Actual Volumes>Booked =         $65,000           $113,000
Incorrect Marking =                       ($95,000)
Total Value =                                   $177,000

March -

Total Accrual Value = $292,145

Greg's Value       Tom's Value
Evergreen Value =                         $147,000     Bid to Mid =
$106,000
Accrual Value =                               $59,000    Accrual Costs
=       $13,000
Actual Volumes>Booked =         $66,000           $119,000
Incorrect Marking =                       ($100,000)
Total Value =                                   $172,000

Let me know if you have any questions.

Eric

	Enron North America Corp.

	From:  Eric Bass                           04/07/2000 02:00 PM

To: Melissa Graves/HOU/ECT@ECT
cc:
Subject: Re: Wellhead Accrual Income

Melissa,

Here are the accrual values for Q1.  More details to follow.

Jan - $266,504
Feb- $289,305
Mar - $292,145

Eric

	Enron North America Corp.

	From:  Melissa Graves                           04/07/2000 01:51 PM

To: Eric Bass/HOU/ECT@ECT
cc: George Weissman/HOU/ECT@ECT, Gregory L Sharp/HOU/ECT@ECT
Subject: Wellhead Accrual Income

Eric,

Per Greg Sharp, he and Tom Martin discussed the Wellhead Accrual Income
numbers today, and Effective Q1 2000, Greg will begin recognizing this
accrual income in his financials.

It is my understanding that the new Wellhead Portfolio in Sitara assists you
in calculating this monthly number (which is estimated at $170,000 per
month).  Could you please provide the detail behind this calculation, or if
this data is pulled directly from Sitara, George and I could meet with you to
become familiar with this data extraction process.

Thank you,
Melissa
X39173


Agave Energy - Agave and another producer, Comanche Gathering, are both
looking to bring new gas onto TW's system in the Panhandle area.  We are
reviewing available taps to bring 5-10,000 MMBtu/d into the system.

EOG Resources - The new EOG well began flowing 13,500 MMBtu/d on 11/15 into
the West Texas lateral.

PG&E - PG&E indicated this week they will increase TW's deliverability by 25%
from 300,000 to 400,000 MMBtu/d at Topock effective December 1.  This is a
huge benefit as we look for ways to maximize revenue for 2001.
Congratulations to all the field operations personnel who contributed to
resolving our contamination issues with PG&E on a timely basis while building
an atmosphere of trust and credibility.  All the work is paying off.

Market spreads between production basins and the California border shot up
this week then contracted by Thursday as weather fears and storage shortages
across the US pushed prices up and down.  We successfully negotiated the
following record-setting deals on TW:

 PG&E Trading - 30,000 MMBtu IT for 11/15 @ $0.90/MMBtu
 PG&E Trading - 30,000 MMBtu IT for 11/16 @ $.075/MMBtu
 Sempra             -  10,000 MMBtu LFT for December 1-31 @ $1.00/MMBtu

Transport Options - Our recent FERC filing is on the Commission's docket for
next Tuesday November 21.  We expect the Commission to order a technical
conference maybe before the end of the year.

NGPL - Producers behind Marathon's Indian Basin plant are trying to move
additional volume to TW via the recently reactivated NGPL Winkler
interconnect.  NGPL is evaluating cost options to add compression; this would
also help us sell the point as a firm receipt point and extract more value.


Jorge:  The Confirmation which you faxed to me references the attached Exhibit A which is the original confirmation for Transaction 1980816.  Please send it to me.  Thanks.

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


New email is Gerald.Nemec@enron.com

MH Editorial <b00325@edit.martindale.com> on 02/02/2000 05:04:14 AM
To: Gerald Nemec/HOU/ECT@ECT
cc:
Subject: Email_Verification

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Nemec Gerald   R.
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