Message-ID: <11550017.1075844910688.JavaMail.evans@thyme>
Date: Tue, 13 Feb 2001 09:15:00 -0800 (PST)
From: sara.shackleton@enron.com
To: tanya.rohauer@enron.com
Subject: Re: First Union National Bank ("FUNB") ISDA's with ENA and Enron
 Corp.
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Sara Shackleton
X-To: Tanya Rohauer
X-cc:
X-bcc:
X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Sent
X-Origin: SHACKLETON-S
X-FileName: sshackle.nsf

Tanya:

First Union has asked for the following:

Choice 1:  Minimum Transfer Amount of $500,000/Rounding of $10,000

Choice 2:  Minimum Transfer Amount of $250,000/Rounding of $10,000

We're almost done.  Please email response tonight, if possible.  Many
thanks.  Sara

P.S.  Do you have about 30 minutes to chat about all the things we seem to be
voice/emailing about?

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

	Tanya Rohauer
	01/22/2001 08:01 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: First Union National Bank ("FUNB") ISDA's with ENA and Enron
Corp.

On the thresholds, I will agree to their matrix with one change for BBB-.
Revised looks like this:

25MM AAA
20MM A or above
15MM BBB+ or above
10MM BBB
5MM BBB-
0 below BBB-

Rounding at 10K is fine.  I would prefer to leave our Min Trf amount the way
it is (only changes the threshold, in effect).  Or, I am amenable to one
amount for everyone (say 100K instead of our 0).

Do I need to look at Inser B and C?

From: Sara Shackleton on 01/22/2001 02:04 PM
To: Tanya Rohauer/HOU/ECT@ECT
cc:
Subject: First Union National Bank ("FUNB") ISDA's with ENA and Enron Corp.

Tanya:  I spoke with FUNB on Friday.  We are waitng for credit when you have
some time.  Thanks.  Sara

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 01/22/2001 02:03 PM -----

	Sara Shackleton
	01/11/2001 05:34 PM

		 To: Tanya Rohauer/HOU/ECT
		 cc:
		 Subject: First Union National Bank ("FUNB") ISDA's with ENA and Enron Corp.

Tanya:

I know you're swamped so I'll try to make this easy and you can answer "yes"
or "no", etc.

1.  Is First Union National Bank the correct name?  (as opposed to First
Union National Bank, Charlotte)

2.  Threshold for cross default:  We used $100,000,000 for ENE and
$50,000,000 for FUNB.  FUNB wants $100,000,000.

3.  Documents to be delivered:  FUNB will produce audited/consolidated
financials for First Union Corporation.  We requested FUNB financials.

4.  With respect to the ENA master only (the CSA):

 (i)  FUNB wants to post 10-year government bonds in addition to cash and
L'C's

 (ii)  I sent you the FUNB matrix  Is it acceptable?

 (iii) FUNB wants to revise the MAC trigger to include "Baa3 by Moody's" and
"failure to have a Credit Rating from either S&P or Moody's".

 (iv) FUNB wants to revise the definition of "Qualified Institution" to
include not only the rating we assign, but also "having assets in excess of
$10 billion" and also not subject to approval by the non-downgraded party

 (v)  FUNB wants all demands for delivery or return of collateral to be made
on a Valuation Date.  I think we should retain language that demands can be
made on or after a Valuation Date.  But I think we could agree that demands
be made prior to 5 pm New York time.

5.  With respect to the ENA master only (the Enron Corp. guaranty in favor of
First Union National Bank):

 (i)  FUNB wants a $30,000,000 cap (as opposed to the $15,000,000 cap we
proposed)

Two different FUNB people keep calling me, one on the ENA front and the other
with respect to ENE.  Now you know why your assistance is always greatly
appreciated.

Sara

Sara Shackleton
Enron North America Corp.
1400 Smith


Message-ID: <6213003.1075861045061.JavaMail.evans@thyme>
Date: Mon, 4 Mar 2002 08:45:24 -0800 (PST)
From: specialistdirectories@euromoneyplc.com
To: sara.shackleton@enron.com
Subject: The new edition of the Euromoney Capital Markets Directory
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: 7bit
X-From: "specialistdirectories@euromoneyplc.com" <specialistdirectories@euromoneyplc.com>
X-To: Shackleton, Sara </O=ENRON/OU=NA/CN=RECIPIENTS/CN=SSHACKL>
X-cc:
X-bcc:
X-Folder: \Sara_Shackleton_Mar2002\Shackleton, Sara\Deleted Items
X-Origin: Shackleton-S
X-FileName: sshackl (Non-Privileged).pst

Dear Ms Shackleton

The launch date of the 2002 Euromoney Capital Markets Directory is approaching fast and I am taking this opportunity to invite you to reserve your copy of the directory.

The Euromoney Capital Markets Directory has been the definitive contact resource for the financial markets over the past 30 years.  The directory is the best way to find the names and contact details of CEO's, Heads of Departments, Traders, Compliance Officer and Marketing Manager in financial institutions around the world.

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2) Or you can simply reply to this email stating you wish to place an order.
3) Or by phone you can call our client hotline on +44 (0) 870 906 2600 in the UK or +1 212 224 3570 in the USA.

If you require any further information please feel free to reply to this email or call us on +44 (0) 870 906 2600 in the UK or +1 212 224 3570 in the USA.

Sincere regards,
Chris Brown
President Institutional Investor inc
201JBVIM6AAA

If you do not wish to be contacted again please send a reply to this email and simply write unsubscribe.


Message-ID: <31211100.1075860397467.JavaMail.evans@thyme>
Date: Wed, 28 Mar 2001 06:34:00 -0800 (PST)
From: lysa.akin@enron.com
To: ehuff@llgm.com
Subject: Re: Conference Call/PX Response
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Lysa Akin
X-To: "ELAINE E. HUFF" <EHUFF@LLGM.COM> @ ENRON
X-cc:
X-bcc:
X-Folder: \Mary_Hain_Aug2000_Jul2001\Notes Folders\Discussion threads
X-Origin: Hain-M
X-FileName: mary-hain.nsf

Mary Hain has resigned her position with Enron.  Please remove her from all
your mail lists.

Thank you.

Lysa Akin
Gov't Affairs - Sr. Admin. Ass't.

	Enron Capital & Trade Resources Corp.

	From:  "ELAINE E. HUFF" <EHUFF@LLGM.COM>                           03/20/2001
04:59 PM

To: dminson@aepnet.org, pcooper@aepnet.org, david.meyer@avistacorp.com,
nolan.steiner@avistacorp.com, rich.stevens@avistacorp.com,
dvermillion@avistaenergy.com, asettanni@bracepatt.com,
dwatkiss@bracepatt.com, rcarroll@bracepatt.com, gfergus@brobeck.com,
andrzej_kabarowski@cargill.com, psteel@coral-energy.com,
psteele@coral-energy.com, rreilley@coral-energy.com, mary.hain@enron.com,
michael.tribolet@enron.com, richard.b.sanders@enron.com,
Ebiery@fulbright.com, fyanney@fulbright.com, tfreiberg@fulbright.com,
jfrizzell@gibbs-bruns.com, sbishop@gibbs-bruns.com, "CARL A. EKLUND"
<CEKLUND@LLGM.COM>, "DANIEL WHITLEY" <DWHITLEY@LLGM.COM>, "JOHN G KLAUBERG"
<JKLAUBER@LLGM.COM>, "J. ROBERT NELSON" <JRNELSON@LLGM.COM>,
gerspamer@mofo.com, kirvin@mofo.com, kzeitlin@mofo.com, pmar@mofo.com,
rloeffler@mofo.com, jmcgrane@morganlewis.com, mgriffen@morganlewis.com,
bcurrey@omm.com, jstamper@omm.com, mawilliams@omm.com,
john.fryer@pacificorp.com, hydeefeldstein@paulhastings.com,
timothy.bolden@pinnaclewest.com, dmperlman@powersrc.com,
rosteen@powersrc.com, hao@quinnemanuel.com, dgarber@sempra.com,
wdsmith@sempra.com, rbeitler@sempratrading.com, paramfjord@stoel.com,
rcjosephson@stoel.com, sjkaplan@stoel.com, awells@strook.com,
ayudkowsky@strook.com, jrnels@sunvalley.net, cfr@vnf.com, gdb@vnf.com,
hes@vnf.com, jrr@vnf.com
cc:
Subject: Conference Call/PX Response

Attached you will find the draft of the Response of the Group to the Motion
for Relief from Stay filed by the Debtor.  As an initial caveat, we have
prepared this as the scrivener for the Group.  Like the rest of the Group, we
have not specifically reviewed the substance of this with our client and we
reserve the right to suggest changes based on our client's comments, as we
expect the rest of the Group will.  In addition, we have the following
comments:

1.  In carefully analyzing the Motion for Relief from Stay as part of
preparing this Response, we became convinced that the Debtor meant that the
preliminary injunction was to remain effective and does not intend to grant
general relief from stay as to the Federal District Court action.  It seems
to us that the Debtor is basically saying by this motion that we should
proceed in front of FERC, but nobody has the prerogative, without seeking
further relief of stay from the court, to proceed outside of FERC to resolve
the charge-back issues.  Accordingly, we did not feel it was appropriate to
address this issue in the response.  The Group may want to consider
approaching Debtor's counsel on this issue.

2.  Technically, by asking the Court to include the Amendment 22 proceeding
as part of the Relief from Stay, we are expanding the relief.  We have tried
to soft sell this issue as was suggested by the Group to suggest that this is
simply a related proceeding that is required to go forward to grant complete
relief as part of the Debtor's motion.  If the Debtor objects to the expanded
relief, the court will likely not grant it because it was not specifically
the subject of the motion.  We probably need to lobby Debtor's counsel to
help get this accomplished without the requirement of filing an additional
motion for relief.

3.  Check Exhibit A


Message-ID: <10650865.1075853267978.JavaMail.evans@thyme>
Date: Wed, 27 Dec 2000 06:50:00 -0800 (PST)
From: richard.sanders@enron.com
To: richard.sanders@enron.com
Subject: City of Vernon
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Richard B Sanders
X-To: Richard B Sanders
X-cc:
X-bcc:
X-Folder: \Richard_Sanders_Oct2001\Notes Folders\Sent
X-Origin: Sanders-R
X-FileName: rsanders.nsf

----- Forwarded by Richard B Sanders/HOU/ECT on 12/27/2000 02:54 PM -----

	"Slaughter, R. James" <rjslaughter@mdbe.com>
	11/15/2000 07:32 PM

		 To: "Sanders, Richard B. Esq." <Rsander@ect.enron.com>, "Yoder, Christian
Esq." <cyoder@enron.com>, "'esager@enron.com'" <esager@enron.com>
		 cc: "Pickett, Donn" <dpickett@mdbe.com>
		 Subject: City of Vernon

PRIVILEGED AND CONFIDENTIAL -- ATTORNEY/CLIENT COMMUNICATION

Richard, Elizabeth and Christian:

Attached are memoranda concerning (1) the authority of the City of Vernon's
power buyer to bind the City to a purchase agreement with Enron and (2)
California's Tort Claims Act, which governs all actions against
municipalities in California.  Donn and I look forward to talking with you
tomorrow morning.

Jamie

 <<Memo re authority.DOC>>   <<Memo re tort claims act.DOC>>

E-MAIL NOTICE

This e-mail message is for the sole use of the intended recipient(s) and may
contain confidential and/or privileged information. Any review, use,
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McCUTCHEN, DOYLE, BROWN & ENERSEN, LLP

http://www.mccutchen.com

 - Memo re authority.DOC
 - Memo re tort claims act.DOC


Message-ID: <17836814.1075842796166.JavaMail.evans@thyme>
Date: Thu, 17 May 2001 17:16:00 -0700 (PDT)
From: jverner@vernerbrumley.com
To: jverner@vernerbrumley.com
Subject: Legal Update Newsletter - May 17
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: "Jimmy L. Verner, Jr." <jverner@vernerbrumley.com>
X-To: "Lawyer" <jverner@vernerbrumley.com>
X-cc:
X-bcc:
X-Folder: \Gerald_Nemec_Dec2000_June2001_2\Notes Folders\All documents
X-Origin: NEMEC-G
X-FileName: gnemec.nsf

  Legal Update Newsletter
  (May 17, 2001)

  This Newsletter is published, approximately every other month, by
  Verner & Brumley, P.C., Dallas, Texas. It is published by email.
  The current issue is displayed at http://www.vernerbrumley.com/

  In three pages, the Newsletter updates the law in three areas:
  Texas procedural and remedial law, Texas family law (our firm's
  specialty), and family law of national import, including tax law.

  We abstract only published cases. All cases reported may be found
  on commercial web directories. We have included hypertext links
  to free sources in our web site version of the Newsletter (when
  free sites are available - and when we can find them!).

  There is no charge for Legal Update Newsletter. If you do not
  receive Legal Update Newsletter but wish to subscribe, send us an
  email request. If you do not wish to receive Legal Update
  Newsletter, please let us know, and we will remove your name
  from our subscription list.

  NEWSFLASHES:

  Better behave: You can be 'cuffed and taken to jail for not
  wearing a seat belt, at least in Texas, Atwater v. Lago Vista, No.
  99-1408 (U.S. Apr. 24, 2001), but our legislature is working on
  the problem. See S.B. 112 & H.B. 363.

  ERISA & Texas law: United States Supreme Court holds that
  ERISA plan provisions prevailed when man received life
  insurance policy and pension plan in divorce, died shortly post-
  divorce, but never changed beneficiary designation of ex-wife with
  plan's administrator. Washington State law that plan beneficiaries
  are automatically revoked upon divorce preempted by federal
  law. Egelhoff v. Egelhoff, No. 99-1529 (U.S. Mar. 21, 2001).
  Compare Weaver v. Keen, No. 10-99-305-CV (Tex. App. -
  Waco Apr. 18, 2001, n.p.h.) (order denying pet. reh.) (Vance,
  J.) (rev'g & rem'g to County Court at Law No. 4, Dallas
  County) (agrees with Egelhoff but reaches contrary result).

  From the =01+Net: Did you hear about the terrorists who held the
  entire ABA convention hostage?  They threatened to release one
  lawyer per hour unless their demands were met.

  CONTENTS:

  Page One: Texas Procedure & Remedies

  How final is final?
  Unpleasant business
  Discrimination causation
  Admissions undeemed
  Scope of remand

  Page Two: Texas Family Law

  Frequent flyer miles
  Property law in a nutshell
  Intentional infliction claim upheld
  Child abuse reporting statute upheld
  Timely appeal hearings required

  Page Three: National & Federal Family Law

  MD maintenance
  Boarding school counts
  Post-HS child support constitutional
  No horsewhipping allowed
  No prenuptial waiver

  Page One: Texas Procedure and Remedies

  How final is final? A judgment is final if it says "with unmistakable
  clarity" that it is final, or if the judgment actually disposes of all
  claims and parties before the court.  A "Mother Hubbard" clause
  "does not indicate finality." Guajardo v. Conwell, 44 Tex. S. Ct.
  J. 693 (Apr. 26, 2001) (per curiam) (concurring in result only)
  (aff'g 30 S.W.3d 15 (Tex. App. - Houston [14th Dist.] 2000)
  (per curiam) (granting motion to dismiss appeal)).

  Unpleasant business: Mall manager told police lessee owned mall
  store and threatened to file criminal trespass charges against
  claimed purchaser, but did not act in extreme and outrageous
  manner even though he did not give additional facts. Broad
  dictum: "Business managers must have lati


Message-ID: <17620549.1075851850353.JavaMail.evans@thyme>
Date: Mon, 22 Jan 2001 01:13:00 -0800 (PST)
From: brant.reves@enron.com
To: dan.hyvl@enron.com, debra.perlingiere@enron.com
Subject: El Paso credit terms
Cc: kim.ward@enron.com, barry.tycholiz@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
Bcc: kim.ward@enron.com, barry.tycholiz@enron.com
X-From: Brant Reves
X-To: Dan J Hyvl, Debra Perlingiere
X-cc: Kim Ward, Barry Tycholiz
X-bcc:
X-Folder: \Kim_Ward_Nov2001\Notes Folders\All documents
X-Origin: WARD-K
X-FileName: kward.nsf

Please prepare language per terms of the attached credit worksheet and=20
provide such language to Barry T. and Kim W. for review.

Thanks
brant

---------------------- Forwarded by Brant Reves/HOU/ECT on 01/22/2001 09:10=
=20
AM ---------------------------

Brant Reves
01/22/2001 08:48 AM
To: Barry Tycholiz/NA/Enron@ENRON, Kim Ward/HOU/ECT@ECT
cc: =20
Subject: El Paso credit terms

FYI,

Someone requested I resend this language.

---------------------- Forwarded by Brant Reves/HOU/ECT on 01/22/2001 08:47=
=20
AM ---------------------------

Brant Reves
01/19/2001 02:17 PM
To: Kim Ward/HOU/ECT@ECT, Barry Tycholiz/NA/Enron@ENRON
cc: Edward Sacks/Corp/Enron@Enron, Tracy Ngo/PDX/ECT@ECT, Wendy=20
Conwell/NA/Enron@ENRON=20
Subject: El Paso credit terms

Kim/Barry,

Situation 1:
The following credit matrix could be included within Section 12 of the=20
Jan'02-Dec'03 transaction between ENA and El Paso Electric Company.

STANDARD & POOR'S RATING EVENT=09CREDIT LINE
BBB- or Above=09Open
BB+=09$10,000,000
BB=09$5,000,000
BB- or Below=09$0

Situation 2:
Without credit lines, the credit reserve for this deal would be $450,000.

In addition, the most recent S&P write-up is attached below.

brant

Research:
                                                                  Return to=
=20
Regular Format
  Summary: El Paso Electric Co.=20
  Publication Date:
              01-Aug-2000
  Analyst:
              Judith Waite, New York (1) 212-438-7677=20

 Credit Rating:
                                       BBB-/Stable/--

  Rationale

    Debt reduction, cost cutting, and increased sales have brought El Paso=
=20
Electric Co. back toward
    investment-grade benchmarks. The company has exceeded debt-reduction=20
targets and expects debt to be
    about 50% of total capital by 2002. If sales continue to grow at even=
=20
one-half the historical 3% to 4% per year,
    cash flow interest coverage should improve to 3.5 times by then. Still,=
=20
the ratings on El Paso Electric continue to
    reflect the company=01,s high leverage, dependence on nuclear power, hi=
gh=20
fixed costs, and high rates.=20

    The company borrowed heavily to fund its 15.8% interest in the Palo Ver=
de=20
nuclear plant, which supplies 50% of
    the utility=01,s power. The plant=01,s past operating problems and cont=
inued=20
structural problems add some risk to the
    company=01,s already weak financial profile. Most importantly, customer=
s in=20
the generally low-income service
    territory fought against rate increases needed to recover the nuclear=
=20
investment, helping to put El Paso Electric
    in bankruptcy. A settlement signed with Texas customers in 1995 allowed=
=20
the company to keep a $25 million
    rate increase implemented in 1994, permitted accelerated depreciation o=
f=20
generation and transmission assets,
    and froze rates until 2005 in exchange for extending the El Paso Electr=
ic=20
franchise.=20

    In 1998, the company agreed to reduce rates--mainly residential--in New=
=20
Mexico and Texas, bringing them
    more in line with Southwestern averages. By the time retail competition=
=20
comes to either state (2002), El Paso
    Electric will have a fairly competitive cost structure which should all=
ow=20
them to retain retail customers. By that
    time, El Paso Electric will have separated its assets into a regulated=
=20
tra

Dan J Hyvl, Debra Perlingiere
Brant Reves


Message-ID: <12594374.1075847557273.JavaMail.evans@thyme>
Date: Tue, 10 Apr 2001 02:14:00 -0700 (PDT)
From: tana.jones@enron.com
To: cheryl.nelson@enron.com
Subject: Re: Confidentiality Agreement
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Tana Jones
X-To: Cheryl Nelson
X-cc:
X-bcc:
X-Folder: \Tanya_Jones_June2001\Notes Folders\Sent
X-Origin: JONES-T
X-FileName: tjones.nsf

It looks like Mark has been working on this from out of the office.  Maybe
you don't have to do anything!
----- Forwarded by Tana Jones/HOU/ECT on 04/10/2001 09:14 AM -----

	Mark Greenberg@ENRON
	04/09/2001 07:49 PM

		 To: richard.dix@gm.com
		 cc: John.Allario@enron.com, Kay.Young@enron.com, kenneth.wong@gm.com,
Mark.Greenberg@enron.com, Tana.Jones@enron.com
		 Subject: Re: Confidentiality Agreement

Richard -

Thanks so much for providing the below document.  While I appreciate its
simplicity, it does not fully satisfy Enron's requirements.  If it is not too
much trouble, could you or Kenneth please provide comments to the agreement
provided.

I will be back in my office on Wednesday and can address matters directly
with Kenneth or you at that time.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com

	richard.dix@gm.com
	04/07/2001 07:24 AM

		 To: Mark.Greenberg@enron.com
		 cc: John.Allario@enron.com, Tana.Jones@enron.com, Kay.Young@enron.com,
kenneth.wong@gm.com
		 Subject: Re: Confidentiality Agreement

We would propose the following document for proprietary information.  If you
have any comments, please contact
Ken Wong at Kenneth.Wong@gm.com or 313 974-1348. I will only be available by
email until Thursday morning.

Thanks
Richard Dix

(See attached file: Proprietary Info-enron.doc)

 - Proprietary Info-enron.doc


Message-ID: <15758827.1075845959481.JavaMail.evans@thyme>
Date: Mon, 4 Dec 2000 10:23:00 -0800 (PST)
From: kay.mann@enron.com
To: ben.jacoby@enron.com
Subject: Promissory Note and LLC Certificates:
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Kay Mann
X-To: Ben Jacoby
X-cc:
X-bcc:
X-Folder: \Kay_Mann_June2001_3\Notes Folders\Sent
X-Origin: MANN-K
X-FileName: kmann.nsf

---------------------- Forwarded by Kay Mann/Corp/Enron on 12/04/2000 06:23
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 12/04/2000 04:19:14 PM
To: "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: Promissory Note and LLC Certificates:

 <<2RCS01!.DOC>>  <<2RD801!.DOC>>  <<2RD901!.DOC>>  <<2RD@01!.DOC>>

Kay:

We have enclosed drafts of the following documents for review:

 1. $16,100,000 Promissory Note to be executed by the LLC
payable to ENA;
 2. Membership Certificate No. 1 (100% in the name of ENA);
 3. Membership Certificate No. 2 (20% in the name of ENA);
 4. Membership Certificate No. 3 (80% in the name of TEH).

We have not drafted the form of the promissory note to be executed by the
LLC payable to TEH, as we have no information on the proposed terms of that
note.

I understand that the back sides of the membership certificates require a
little extra handiwork to print, but hopefully the substance of the
certificates will come across.  If you would prefer that I fax over the
certificates, please let me know.  Thank you.

Carolyn M. Campbell
King & Spalding
713-276-7303 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Enclosures: 128764v1
  128780v1
  128781v1
  128782v1

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
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 - 2RCS01!.DOC
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 - 2RD@01!.DOC


Message-ID: <18713372.1075844555337.JavaMail.evans@thyme>
Date: Mon, 12 Jun 2000 05:57:00 -0700 (PDT)
From: sara.shackleton@enron.com
To: grosenbl@exchange.ml.com
Subject: ISDA Master Agreement
Cc: clint.freeland@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: clint.freeland@enron.com
X-From: Sara Shackleton
X-To: grosenbl@exchange.ml.com
X-cc: Clint Freeland
X-bcc:
X-Folder: \Sara_Shackleton_Dec2000_June2001_1\Notes Folders\Sent
X-Origin: SHACKLETON-S
X-FileName: sshackle.nsf

Gary:  I believe we are having our guaranty executed.  We haven't seen the
draft of yours.  Please send ASAP.  How long will it take for you to
execute?  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 06/12/2000 12:55 PM -----

	Susan Bailey
	06/09/2000 02:29 PM

		 To: grosenbl@exchange.ml.com
		 cc: pbarna@exchange.ml.com, Sara Shackleton/HOU/ECT@ECT
		 Subject: ISDA Master Agreement

Gary,

At the request of Sara Shackleton, attached is a blacklined version of the
Schedule to ISDA Master Agreement, which compares the newest version (dated
6/8/2000) against the version (dated 6/2/2000), which I sent to you under my
E:mail transmission of June 2nd.

Please be advised, Sara has not been able to review your "confidentiality"
provision at this time.  She would like to schedule a conference call with
you on Monday, June 12th, in order to so.  Please let her know your
availablity.

Also, direct a copy to either Sara or me of the draft Guaranty to be provided
by Merrill Lynch & Co., Inc.

Thanks,

Susan

phone: (713) 853-4737
fax:        (713) 646-3490
e:mail: susan.bailey@enron.com


Message-ID: <1233156.1075857914528.JavaMail.evans@thyme>
Date: Wed, 2 May 2001 17:22:00 -0700 (PDT)
From: dsourceva@mediaone.net
To: lcampbel@enron.com
Subject: Diamonds Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: DSOURCEVA@mediaone.net
X-To: lcampbel@enron.com
X-cc:
X-bcc:
X-Folder: \Larry_Campbell_Jun2001\Notes Folders\Discussion threads
X-Origin: Campbell-L
X-FileName: lcampbel.nsf

Welcome to: DIAMONDS NEWSLETTER         Issue: 2001-05

The diamond, gems and fine jewelry information resource for
clients and friends of Diamond Source of Virginia, Inc.
http://www.DSOURCEVA.com

(unsubscribe instructions at bottom of this newsletter)
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
If you know of someone who will be getting engaged or
celebrating a special event such as an anniversary, birthday,
or baby's birth forward this newsletter to them so they will
know where to save money on a diamond or fine jewelry!
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
THIS ISSUE'S TOPICS
Emerald: May Birthstone
Famous Diamonds
Sea Diamonds
Looking For Something Really Special
SI2 Clarity
Insurance Questions
Four C's
Bow Tie
Price Calculator
Diamond and Jewelry Books
Internet Marketing
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

EMERALD: MAY BIRTHSTONE
==============================
Emerald is a green variety of the mineral beryl.  One of the
rarest members of the beryl family-only the red variety
(sometimes called "red emerald") is rarer-it is one of the most
highly prized of all the gems.  Aside from being the birthstone
for May, it was historically believed to bestow on its wearer
faithfulness and unchanging love, and was thought to enable
the wearer to forecast events.

The highest-quality emerald has the color of fresh young green
grass-an almost pure spectral green, possibly with a very faint
tint of blue, as in the finest emerald from Columbia, which is
considered by connoisseurs to be the world's finest.  Other
sources include Brazil, Zambia, Pakistan, Afghanistan, Russia
and India.  Flawless emeralds are rare, so their "flaws" have
come to serve almost as "fingerprints," while flawless
emeralds are immediately suspect.  Although a hard stone,
emerald will chip easily since it tends to be somewhat brittle,
so special care should be given in wearing and handling.

Techniques to enhance color and reduce the visibility of flaws
are also frequently used.  A common practice is to fill
surface-reaching cracks with oil (sometimes tinted green), a
practice that goes back to early Greek times.  Today's
emeralds are oiled using a vacuum/heat technology.  This is a
widely accepted trade practice, since it is actually good for
the stone in light of its fragile nature.  Oiling hides some
of the whitish flaws, which are actually cracks, filling the
cracks so they become less visible.  The oil becomes an
integral part of the emerald unless it is subjected to some
type of degreasing procedure.  The development and use of
the ultrasonic cleaner has brought to light the extensive-
ness of this practice.  Never clean emeralds in an
ultrasonic cleaner.

While oiling is considered an acceptable practice, be sure
the price reflects the actual quality of the stone.  If
necessary, most emeralds can be "re-oiled."

FAMOUS DIAMONDS
=========================

Name:   Uncle Sam
Weight: 40.23 carats (rough) and 12.42 carats (cut)
Color:  M (very light brown)
Clarity:VVS1
Shape: Emerald Cut

The Uncle Sam diamond, which was discovered in the "Crater
of diamonds" in Arkansas in 1924, is the largest yet found
in the United States.  Peiken Jewelers of New York City,
owned the Uncle Sam for many years.  For a while, it was
on loan to the American Museum of Natural History.  In
1971, Sidney de Young, a dealer from Boston, bought the
diamond and then sold it to an unnamed collector.

SEA DIAMONDS
===========================================
A

5 million from the
seabed off the treacherous Diamond Coast of South West


Message-ID: <15434232.1075855108767.JavaMail.evans@thyme>
Date: Fri, 28 Dec 2001 14:41:54 -0800 (PST)
From: exclusive_offers@sportsline.com
To: bmckay@enron.com
Subject: Win $1,000,000! at Megasports.com!
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Message-ID: <16900263.1075840493197.JavaMail.evans@thyme>
Date: Wed, 5 Jun 2002 07:03:55 -0700 (PDT)
From: mike.mazowita@enron.com
To: chris.germany@enron.com
Subject: FW: Ponderosa Sales to TXU for May 2002
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Mazowita, Mike </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MMAZOWIT>
X-To: Germany, Chris </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cgerman>
X-cc:
X-bcc:
X-Folder: \ExMerge - Germany, Chris\Bankrupt\Cleburne/Lone Star
X-Origin: GERMANY-C
X-FileName: chris germany 6-25-02.pst

Chris,

Can you help Karen out here???

	1) Is there a TXU Settlements person we can talk to regarding this difference in payment???

	2) At one time, you were contemplating putting our deal into the "system". Did this happen and are invoices being generated 	from this system??

MM

 -----Original Message-----
From: 	Herrmann, Karen
Sent:	Tuesday, June 04, 2002 12:10 PM
To:	Mazowita, Mike
Subject:	RE: Ponderosa Sales to TXU for May 2002

Mike, on May 29, a deposit was made into the Chase account in the amount of $925,244.97.  Would this be the deposit from TXU for April's gas sales?  According to Chris's schedule, they owed us $952,055 for April.  Any thoughts or comments?

Thanks,
Karen

ps:  who is invoicing TXU for what they owe us?

 -----Original Message-----
From: 	Germany, Chris
Sent:	Friday, May 31, 2002 4:02 PM
To:	Germany, Chris; Barbe, Robin; Mazowita, Mike; Kelly, Katherine L.; Denetsosie, Troy; Brady, Kevin; Vos, Theresa; Herrmann, Karen
Cc:	Hill, Garrick
Subject:	RE: Ponderosa Sales to TXU for May 2002

price for gas sold 5/25 - 5/28  $2.7550
Sold 10,000 for 5/29 at gas daily waha - $.05 which is $2.7700
Sold 10,500 for 5/30 at gas daily waha - $.05 which is $2.8750
Sold 15,000 for 5/31 at gas daily waha - $.05 which is $2.9750

Karen, Theresa, all the sales data for May is in the attached worksheet under "may02".

 << File: MARGAS.xls >>

 -----Original Message-----
From: 	Germany, Chris
Sent:	Friday, May 24, 2002 10:41 AM
To:	Barbe, Robin; Mazowita, Mike; Kelly, Katherine L.; Denetsosie, Troy; Brady, Kevin
Cc:	Hill, Garrick
Subject:	RE: Ponderosa Sales to TXU for May 2002

sold 10,000 for 5/24 at gas daily waha - $.05 which is $3.035

 and 10,000 for 5/25 - 5/28 at gas daily waha - $.05

 -----Original Message-----
From: 	Barbe, Robin
Sent:	Wednesday, May 22, 2002 1:21 PM
To:	Barbe, Robin; Germany, Chris; Mazowita, Mike; Kelly, Katherine L.; Denetsosie, Troy; Brady, Kevin
Cc:	Hill, Garrick
Subject:	RE: Ponderosa Sales to TXU for May 2002

	the gas price for the 5000 for gas day 5/22 is $2.985.  i sold txu 10MM for 5/23 at gas daily waha - $0.05 again.

 -----Original Message-----
From: 	Barbe, Robin
Sent:	Tuesday, May 21, 2002 10:38 AM
To:	Barbe, Robin; Germany, Chris; Mazowita, Mike; Kelly, Katherine L.; Denetsosie, Troy; Brady, Kevin
Cc:	Hill, Garrick
Subject:	RE: Ponderosa Sales to TXU for May 2002

	the gas price for the 6500 for 5/21 is $3.095.  sold txu 5000 for gas day 5/22 at waha gas daily avg - $0.05.

 -----Original Message-----
From: 	Barbe, Robin
Sent:	Monday, May 20, 2002 10:05 AM
To:	Barbe, Robin; Germany, Chris; Mazowita, Mike; Kelly, Katherine L.; Denetsosie, Troy; Brady, Kevin
Cc:	Hill, Garrick
Subject:	RE: Ponderosa Sales to TXU for May 2002

	sold 6500 to txu @ cayanosa for 5/21.  price is waha gas daily avg - $0.05.

 -----Original Message-----
From: 	Barbe, Robin
Sent:	Friday, May 17, 2002 9:54 AM
To:	Barbe, Robin; Germany, Chris; Mazowita, Mike; Kelly, Katherine L.; Denetsosie, Troy; Brady, Kevin
Cc:	Hill, Garrick
Subject:	RE: Ponderosa Sales to TXU for May 2002

	sold 10,000 to txu at  cayanosa at a price of $3.01 for the 5/18, 19, & 20.

 -----Original Message-----
From: 	Barbe, Robin
Sent:	Thursday, May 16, 2002 2:19 PM
To:	Germany, Chris; Mazowita, Mike; Barbe, Robin; Kelly, Katherine L.; Denetsosie, Troy; Brady, Kevin
Cc:	Hill, Garrick
Subject:	RE: Ponderosa Sales to TXU for May 2002

	H


Message-ID: <17108630.1075844202707.JavaMail.evans@thyme>
Date: Wed, 2 May 2001 07:18:00 -0700 (PDT)
From: james.steffes@enron.com
To: sandra.mccubbin@enron.com, jeff.dasovich@enron.com, paul.kaufman@enron.com,
	susan.mara@enron.com, steven.kean@enron.com,
	richard.shapiro@enron.com, mark.palmer@enron.com,
	karen.denne@enron.com
Subject: ATTORNEY CLIENT PRIVILEGE - Letter to Dunn
Cc: richard.sanders@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: richard.sanders@enron.com
X-From: James D Steffes
X-To: Sandra McCubbin, Jeff Dasovich, Paul Kaufman, Susan J Mara, Steven J Kean, Richard Shapiro, Mark Palmer, Karen Denne
X-cc: Richard B Sanders
X-bcc:
X-Folder: \Richard_Shapiro_June2001\Notes Folders\All documents
X-Origin: SHAPIRO-R
X-FileName: rshapiro.nsf

Attached is a letter we are sending to Sen. Dunn today.  Any questions,
please call me.  We should not be discussing in public.

Thanks,

Jim

---------------------- Forwarded by James D Steffes/NA/Enron on 05/02/2001
02:14 PM ---------------------------
From: Richard B Sanders@ECT on 05/02/2001 02:06 PM
To: James D Steffes/NA/Enron@Enron
cc:

Subject: Letter to Larry Drivon

----- Forwarded by Richard B Sanders/HOU/ECT on 05/02/2001 02:05 PM -----

	"Chen, Jane " <JChen@brobeck.com>
	05/02/2001 02:03 PM

		 To: "Richard B. Sanders Esq. (E-mail)" <richard.b.sanders@enron.com>
		 cc:
		 Subject: Letter to Larry Drivon

Mr. Sanders,

 For your review.

 <<Letter to Senator Dunn - 5201.DOC>>

Thank you.
jane

Jane Chen
Brobeck, Phleger & Harrison, LLP
Assistant to Gary Fergus & Kirstin Wolf
SF ext. 2944
SF rm. 2917c
DD (415) 979-2944

=======================================================
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 - Letter to Senator Dunn - 5201.DOC


Message-ID: <10029353.1075861906556.JavaMail.evans@thyme>
Date: Fri, 16 Nov 2001 14:07:21 -0800 (PST)
From: lynn.blair@enron.com
To: steve.january@enron.com, john.buchanan@enron.com, terry.kowalke@enron.com
Subject: FW: Zone Allocations
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Blair, Lynn </O=ENRON/OU=NA/CN=RECIPIENTS/CN=LBLAIR>
X-To: January, Steve </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Sjanuary>, Buchanan, John </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jbuchan2>, Kowalke, Terry </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Tkowalk>
X-cc:
X-bcc:
X-Folder: \LBLAIR (Non-Privileged)\Blair, Lynn\Sent Items
X-Origin: Blair-L
X-FileName: LBLAIR (Non-Privileged).pst

	FYI.  Thanks. Lynn

-----Original Message-----
From: Semin, Frank
Sent: Friday, November 16, 2001 4:06 PM
To: 'Jeff Hicken'; Sebesta, Chris; Blair, Lynn
Cc: Bill Zorr; Kelly Schneider
Subject: RE: Zone Allocations

To help clarify, a storage withdrawal reduction essentially created the same physical effect as would an injection during the recent storage allocations.

For example: If the storage fields had a net injection on a given day of 100 dth(physical maximum)and at the 8:00 a.m. cycle an injection increased by 25 dth, it would be denied because of the physical limitations. The same limitation would occur if a withdraw was reduced by 25 dth (creating a net 125 dth injection) at the 8:00 a.m. process because the same physical limitation existing.
		Injections	(150)
		Withdrawals	 50
		Net 		(100) physical limitation
Trying to reduce a redraw of 25 dth would create:
		Injections  (150)
		Withdrawals   25
		Net		(125) physically above the limitation and would be allocated.

The intra-day process are interative, that is FDD withdrawals/injections can impact the interruptible storage availability during the intra-day cycles, whereas the 8:00 a.m. process is only a individual true-up and not interative with the other storage agreements.

Lynn and Chris would gladly schedule some time to help clarify these issues, and I am sure it will be a lot more informative than my attempt here.

-----Original Message-----
From: Jeff Hicken [mailto:JeffHicken@alliant-energy.com]
Sent: Friday, November 16, 2001 11:47 AM
To: Sebesta, Chris; Blair, Lynn
Cc: Bill Zorr; Kelly Schneider; Semin, Frank
Subject: RE: Zone Allocations

It may be standard practice in your opinion, but Kelly, Bill and I have never heard of this or remember it happening to us.  Also Entergy-Koch was completely surprised by it as well.  We just can't understand why you would call a reduction in a withdrawal an injection.  Your allocation is limiting storage injections and we were not making an injection.  We'd like to know where to find this in the tariff so we can read it and understand it better.  We pulled looked at the 8 a.m. process instructions on the web and it doesn't say anything about this.

What is really upsetting to us is were thought we were set up fine to be in compliance with the SUL and suddenly we couldn't do what we thought we had a right to do, even though Hot Tap accepted the nomination.  On top of that, no one from NNG called us to let us know that our nomination had been undone and the same thing would have happened to us on the 11/15 gas day if we hadn't been lucky enough to have found it on our own.  We pushed the gas across to ANR, but we are going to incur penalties from them as a result.  The other really strange thing is that during the intraday processes we can cut back on our withdrawal even though storage is allocated, but you can't do it at 8 a.m.  It just doesn't make any sense to us.

>>> "Sebesta, Chris" <Chris.Sebesta@enron.com> 11/16/01 10:32AM >>>
Jeff, I am sorry WP&L and IES are experiencing allocation problems.  It
is standard procedure during a storage (injection) allocation the 8 am
true up process does not allow FDD withdrawal reductions or storage
injections.  Many other shippers are also working hard to manage their
busines


Message-ID: <27841530.1075845471405.JavaMail.evans@thyme>
Date: Thu, 7 Jun 2001 07:48:00 -0700 (PDT)
From: william.giuliani@enron.com
To: mike.mcconnell@enron.com, jeffrey.shankman@enron.com, greg.whalley@enron.com,
	ben.glisan@enron.com, andrew.fastow@enron.com,
	mark.frevert@enron.com
Subject: DASH - DPR Accelerated Put
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: William Giuliani
X-To: Mike McConnell, Jeffrey A Shankman, Greg Whalley, Ben Glisan, Andrew S Fastow, Mark Frevert
X-cc:
X-bcc:
X-Folder: \Greg_Whalley_Oct2001\Notes Folders\Notes inbox
X-Origin: WHALLEY-G
X-FileName: gwhalley.nsf

Gentlemen:

 Attached is the DASH for the approval of the DPR Accelerated Put
transaction.  This partial divestiture allows us to put $11 million of our
equity interest back to DPR Holding Company, LLC and its subsidiary, Dakota,
LLC.  Both entities are controlled by Chris Cline.

 In addition to redeeming part of our equity interest, the deal provides us
900,000 tons of coal priced below market, an option which could lead to a
very profitable synfuel project, and the potential for more marketing fees
from other Cline entities.

 The DASH has been approved and signed by RAC and JEDI II, and is now
awaiting Mark Haedicke's review and approval.  I wanted to give you the
opportunity to review the DASH and become familiar with the provisions of the
deal.

 If you have any questions on the transaction, feel free to contact me at
(412) 490-9048.  Others familiar with the deal are Mike Beyer, George
McClellan, and Wayne Gresham.

 Thank you.

  Bill Giuliani


Message-ID: <17952597.1075843389342.JavaMail.evans@thyme>
Date: Tue, 13 Mar 2001 10:35:00 -0800 (PST)
From: bernadette.hawkins@enron.com
To: alan.comnes@enron.com, andre.cangucu@enron.com, andrew.fastow@enron.com,
	cbone@wyattfirm.com, ceklund@llgm.com, christian.yoder@enron.com,
	christopher.calger@enron.com, cliff.baxter@enron.com,
	dan.leff@enron.com, david.delainey@enron.com, donald.black@enron.com,
	elizabeth.tilney@enron.com, eric.letke@enron.com,
	gordon.savage@enron.com, greg.wolfe@enron.com,
	harold.buchanan@enron.com, harry.kingerski@enron.com,
	jklauber@llgm.com, james.steffes@enron.com, james.derrick@enron.com,
	jeff.dasovich@enron.com, jennifer.rudolph@enron.com,
	jeremy.blachman@enron.com, joe.hartsoe@enron.com,
	john.lavorato@enron.com, karen.denne@enron.com,
	keith.holst@enron.com, linda.robertson@enron.com,
	mark.haedicke@enron.com, mark.koenig@enron.com, mark.metts@enron.com,
	mark.palmer@enron.com, mark.muller@enron.com, marty.sunde@enron.com,
	marty.sunde@enron.com, mary.hain@enron.com, michael.moran@enron.com,
	michael.tribolet@enron.com, mike.smith@enron.com,
	mike.grigsby@enron.com, mitchell.taylor@enron.com,
	paul.kaufman@enron.com, phillip.allen@enron.com,
	richard.sanders@enron.com, richard.causey@enron.com,
	richard.shapiro@enron.com, rick.buy@enron.com,
	robert.badeer@enron.com, robert.johnston@enron.com,
	robert.williams@enron.com, roger.yang@enron.com,
	sandra.mccubbin@enron.com, sarah.novosel@enron.com,
	scott.stoness@enron.com, shari.stack@enron.com,
	shelia.benke@enron.com, shelley.corman@enron.com,
	stephen.swain@enron.com, steve.hall@enron.com, steven.kean@enron.com,
	susan.mara@enron.com, thomas.white@enron.com, tim.belden@enron.com,
	travis.mccullough@enron.com, vicki.sharp@enron.com,
	wanda.curry@enron.com, william.bradford@enron.com
Subject: Summary of FERC Recommendation on California Market Monitoring	&
 EPSA Comment Outline
Cc: anna.mehrer@enron.com, bernadette.hawkins@enron.com, beverly.aden@enron.com,
	binky.davidson@enron.com, bridget.maronge@enron.com,
	carol.moffett@enron.com, cindy.derecskey@enron.com,
	debra.davidson@enron.com, dolores.fisher@enron.com,
	emy.geraldo@enron.com, esmeralda.hinojosa@enron.com,
	ginger.dernehl@enron.com, jan.king@enron.com,
	janette.elbertson@enron.com, joseph.alamo@enron.com,
	karen.heathman@enron.com, kathryn.sheppard@enron.com,
	kay.chapman@enron.com, kimberly.hillis@enron.com,
	leasa.lopez@enron.com, leticia.botello@enron.com,
	lora.sullivan@enron.com, lysa.akin@enron.com,
	marcia.linton@enron.com, maureen.mcvicker@enron.com,
	mercy.gil@enron.com, mollie.gustafson@enron.com,
	paula.warren@enron.com, robert.hermann@enron.com,
	rosalinda.tijerina@enron.com, rosario.boling@enron.com,
	rubena.buerger@enron.com, ruth.brown@enron.com, ruth.mann@enron.com,
	sharon.purswell@enron.com, sharron.westbrook@enron.com,
	stephanie.harris@enron.com, stephanie.truss@enron.com,
	susan.skarness@enron.com, twanda.sweet@enron.com,
	vscruggs@wyattfirm.com
Mime-Version: 1.0
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Bcc: anna.mehrer@enron.com, bernadette.hawkins@enron.com, beverly.aden@enron.com,
	binky.davidson@enron.com, bridget.maronge@enron.com,
	carol.moffett@enron.com, cindy.derecskey@enron.com,
	debra.davidson@enron.com, dolores.fisher@enron.com,
	emy.geraldo@enron.com, esmeralda.hinojosa@enron.com,
	ginger.dernehl@enron.com, jan.king@enron.com,
	janette.elbertson@enron.com, joseph.alamo@enron.com,
	karen.heathman@enron.com, kathryn.sheppard@enron.com,
	kay.chapman@enron.com, kimberly.hillis@enron.com,
	leasa.lopez@enron.com, leticia.botello@enron.com,
	lora.sullivan@enron.com, lysa.akin@enron.com,
	marcia.linton@enron.com, maureen.mcvicker@enron.com,
	mercy.gil@enron.com, mollie.gustafson@enron.com,
	paula.warren@enron.com, robert.hermann@enron.com,
	rosalinda.tijerina@enron.com, rosario.boling@enron.com,
	rubena.buerger@enron.com, ruth.brown@enron.com, ruth.mann@enron

Alan Comnes, Andre Cangucu, Andrew S Fastow, cbone@wyattfirm.com, ceklund@llgm.com, Christian Yoder, Christopher F Calger, Cliff Baxter, Dan Leff, David W Delainey, Donald M- ECT Origination Black, Elizabeth Tilney, Eric Letke, Gordon Savage, Greg Wolfe, Harold G Buchanan, Harry Kingerski, jklauber@llgm.com, James D Steffes, James Derrick, Jeff Dasovich, Jennifer Rudolph, Jeremy Blachman, Joe Hartsoe, John J Lavorato, Karen Denne, Keith Holst, Linda Robertson, Karen S Owens@ees, Mark E Haedicke, Mark Koenig, Mark Metts, Mark Palmer, Mark S Muller, Marty Sunde, Marty Sunde, Mary Hain, Michael Moran, Michael Tribolet, Mike D Smith, Mike Grigsby, Mitchell Taylor, Paul Kaufman, Phillip K Allen, Richard B Sanders, Richard Causey, Richard Shapiro, Rick Buy, Robert Badeer, Robert Johnston, Robert C Williams, Roger Yang, Sandra McCubbin, Sarah Novosel, Scott Stoness, Shari Stack, Shelia Benke, Shelley Corman, Stephen Swain, Steve C Hall, Steven J Kean, Susan J Mara, Thomas E White, Tim Belden, Travis McCullough, Vicki Sharp, Wanda Curry, William S Bradford


Message-ID: <7228435.1075859392824.JavaMail.evans@thyme>
Date: Mon, 17 Dec 2001 08:55:02 -0800 (PST)
From: issuealert@scientech.com
To: issuealerthtml@listserv.scientech.com
Subject:      Competition Approved for California's Intrastate Natural-Gas
             Pipelines
Mime-Version: 1.0
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e.scientech.com/_IA_TEST/Corner_BR.jpg>=09

December 17, 2001=20

Competition Approved for California's Intrastate Natural-Gas Pipelines=20

By Will McNamara
Director, Electric Industry Analysis

[News item from Associated Press] California state power regulators voted D=
ec. 11 to deregulate further the transmission of natural gas within Souther=
n California, a decision hailed by the industry and derided by consumer adv=
ocates. The California Public Utilities Commission (CPUC) voted 3-2 to appr=
ove a proposal that allows Southern California Gas Co., the nation's larges=
t gas utility, and San Diego Gas & Electric Co. (SDG&E) to sell space on th=
eir "backbone" transmission pipelines. These pipelines carry natural gas fr=
om out of state to a smaller distribution system in California that then tr=
ansports it to homes, businesses, factories, and power plants.

Analysis: This controversial vote by the CPUC took place last week, but has=
 not received a great amount of industry analysis. This is rather surprisin=
g because the vote carries enormous potential impact for the way in which n=
atural-gas capacity is bought and sold along pipelines owned by Southern Ca=
lifornia Gas Co. and SDG&E in the southern part of the state. Considering t=
he fiasco that opening the state's electric market became over the last yea=
r, it is a risky move for California's regulators to open a competitive mar=
ket for the right to transport gas along these pipelines at this time, even=
 though the issue has been under debate at the commission for years. Howeve=

9 billion for only the first
2002 for their largest


Message-ID: <19236030.1075857121303.JavaMail.evans@thyme>
Date: Wed, 18 Apr 2001 14:30:00 -0700 (PDT)
From: evening@ino.com
To: alewis@enron.com
Subject: Andrew, Wednesday S&P +46.63 USD -0.31 CRB +0.05 DOW +399.10 NAS
 +156.22
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: "INO.com" <evening@ino.com>
X-To: "Andrew Lewis" <alewis@enron.com>
X-cc:
X-bcc:
X-Folder: \Andrew_Lewis_Jun2001\Notes Folders\Discussion threads
X-Origin: Lewis-A
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W E D N E S D A Y   E X T R E M E   M A R K E T S
A complimentary service from INO.com ( http://www.ino.com/ )

Wednesday: The CRB Index has climbed 0.05 points to 214.98. The
US Dollar Index moved down 0.31 points to 116.17.

The Dow Industrials moved up 399.10 points, at 10615.83, while
the S&P 500 rose 46.63 points, last seen at 1238.16. The
Nasdaq Composite edged higher by 156.22 points to 2079.44.

NEW  2 FREE OPTIONS VIDEOS FROM THE OPTIONS INDUSTRY COUNCIL
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E X T R E M E   M A R K E T   C O M M E N T A R Y
_____________________________________________________________________

The STOCK INDEXES soared to new highs for the month following this
morning's surprise move by the Federal Reserve to cut interest rates
by 50-basis points to 4.50%. The Nasdaq rallied over 9% as the news
ignited a buying frenzy. Traders shifted their focus following the
announced rate cut to the positive aspects of quarterly profit
statements. Technically, both the Nasdaq and S&P index gapped higher
on the open thereby confirming upside breakouts of this year's
downtrend lines. This week's gains have turned weekly momentum
indicators bullish signaling sideways to higher prices are possible
this spring. The Dow also soared to a new high for the month
following this morning's unexpected interest rate cut that caught the
market off guard. The Dow was up over 460 points during the session
and traded above trading range support crossing at 10,292.30 and the
February/March downtrend line crossing near 10,600. While a round of
profit taking is possible ahead of the weekend, today's strong
performance as set the stage for additional gains this spring.

INTEREST RATES June bonds posted a key reversal up on Wednesday
following today's surpris

8205 to confirm the recent trendline breakout and
open the door for a test


Message-ID: <15997194.1075853132220.JavaMail.evans@thyme>
Date: Wed, 17 Oct 2001 06:45:51 -0700 (PDT)
From: sylvia.hu@enron.com
To: felecia.acevedo@enron.com, cole.brown@enron.com, michelle.cash@enron.com,
	bonne.castellano@enron.com, rick.johnson@enron.com,
	lizzette.palmer@enron.com, gilda.parker@enron.com,
	kriste.sullivan@enron.com, scott.walker@enron.com,
	bonnie.white@enron.com
Subject: FW: Oct. 17 -- BNA, Inc. Daily Labor Report
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Hu, Sylvia </O=ENRON/OU=NA/CN=RECIPIENTS/CN=SHU>
X-To: Acevedo, Felecia </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Faceved>, Brown, Cole </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mbrown8>, Cash, Michelle </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mcash>, Castellano, Bonne </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bcastel>, Johnson, Rick </O=ENRON/OU=NA/CN=RECIPIENTS/CN=RJOHNSO>, Palmer, Lizzette </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Lpalmer>, Parker, Gilda </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Gparker>, Sullivan, Kriste </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ksulliv>, Walker, Simone Scott </O=ENRON/OU=NA/CN=RECIPIENTS/CN=NOTESADDR/CN=1D57DBA9-BBDC3EC3-86256A15-7708A4>, White, Bonnie </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bwhite2>
X-cc:
X-bcc:
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X-Origin: Cash-M
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User ID:  enrondlr
PW:        bnaweb22

 -----Original Message-----
From: 	"BNA Highlights" <bhighlig@bna.com>@ENRON
Sent:	Tuesday, October 16, 2001 11:08 PM
To:	BNA Highlights
Subject:	Oct. 17 -- BNA, Inc. Daily Labor Report

______________________________

DAILY LABOR REPORT
Highlights & Table of Contents
October 17, 2001
______________________________

ISSN 1522-5968

Registered Web subscribers can access the full text of these
articles by using the URL link supplied.

Information about becoming a subscriber or signing up for a
FREE Web trial is available at http://web.bna.com or call
BNA Customer Relations at 1-800-372-1033, Mon. - Fri. 8:30
am - 7:00 pm (ET).
__________

HIGHLIGHTS
__________

SENATE COMMITTEE APPROVES NOMINATION OF SCALIA FOR LABOR
SOLICITOR

By a vote of 11-10, the Senate Health, Education, Labor, and
Pensions Committee approves President Bush's nomination of
Eugene Scalia to hold the Labor Department's top legal
position. Sen. Jeffords (I-Vt.) is the sole member of the
Democratic caucus to vote in favor of Scalia to be solicitor
of labor.

In discussion before the vote, Democrats protest the
nomination, citing Scalia's written positions on a number of
issues, including workplace safety, discrimination, and
child labor. Republicans on the committee respond that
Scalia's record shows nothing but the successful career of
an aggressive lawyer.

The committee's ranking Republican, Sen. Gregg (R-N.H.) ,
says Scalia has "a brilliant mind" and is "exactly what we
should be looking for" in a public servant. Bush's
nomination of Scalia, an employment lawyer and partner in
the Washington, D.C., office of Gibson, Dunn, & Crutcher,
has drawn criticism from congressional Democrats and the
AFL-CIO, largely due to his critical views of the
Occupational Safety and Health Administration's effort to
regulate ergonomics in the workplace. . . . Page AA-1

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4w0p9g3_

NLRB REAFFIRMS MERE NEGLIGENCE IN HIRING HALL REFERRAL NOT
ILLEGAL

On remand from an appeals court, the National Labor
Relations Board reaffirms its previous view that a union's
inadvertent errors in operating an exclusive hiring hall do
not violate the union's duty of fair representation or
constitute an unfair labor practice ("Steamfitters Local 342
(Contra Costa Elec. Inc.), "336 N.L.R.B. No. 44, 9/28/01
[released 10/15/01]). The board first ruled 4-1 in September
1999 that Steamfitters Local 342 did not act illegally by
mistakenly referring several lower-priority workers to a
construction project, ahead of union member Joe Jacoby.
However, the District of Columbia Circuit reversed and
r


Message-ID: <2422441.1075857932734.JavaMail.evans@thyme>
Date: Tue, 24 Apr 2001 10:45:00 -0700 (PDT)
From: larry.campbell@enron.com
To: narsimha.misra@enron.com, don.baughman@enron.com
Subject: Job Posting 0000108727 Trader
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Larry F Campbell
X-To: Narsimha Misra, Don Baughman
X-cc:
X-bcc:
X-Folder: \Larry_Campbell_Jun2001\Notes Folders\'sent mail
X-Origin: Campbell-L
X-FileName: lcampbel.nsf

---------------------- Forwarded by Larry F Campbell/NA/Enron on 04/24/2001
05:45 PM ---------------------------

Jay Blaine@EES
04/24/2001 06:58 AM
To: Larry F Campbell/NA/Enron@Enron
cc:

Subject: Job Posting 0000108727 Trader

Larry, I notice a posting for ENA East Power Service DE position in your
area.  I would appreciate if you could give me a call concerning the position
and any insights you may have about the Power Desk.  Also, if you could
forward my resume to Edwin Coulter, it would be greatly appreciated.  Please
keep this confidential.  Thanks, Jay

Larry F Campbell
Narsimha Misra, Don Baughman


Message-ID: <18858302.1075849300595.JavaMail.evans@thyme>
Date: Fri, 6 Jul 2001 08:32:00 -0700 (PDT)
From: sharonda.stephens@enron.com
Subject: Enron Mentions - 07/06/01
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Sharonda Stephens
X-To:
X-cc:
X-bcc:
X-Folder: \Jeff_Dasovich_Oct2001\Notes Folders\All documents
X-Origin: DASOVICH-J
X-FileName: jdasovic.nsf

INDIA: Indian states to issue bonds to pay utilities dues.
Reuters English News Service, 07/06/01
Factiva Energy Digest - July 6, 2001.
Factiva Energy Digest, 07/06/01
Commodities Review:Coffee Hits Another Low,$450/Ton Eyed
Dow Jones Commodities Service, 07/06/01

INDIA: Indian states to issue bonds to pay utilities dues.

07/06/2001
Reuters English News Service
(C) Reuters Limited 2001.

NEW DELHI, July 6 (Reuters) - Indian states have agreed to issue bonds to
help bankrupt electricity boards pay $8.8 billion owed to federal utilities
but they persuaded the government to cut part of the money due, Junior Power
Minister Jayawanti Mehta said.
The move is seen as a vital step toward putting the ailing utilities back on
the road to financial health and reforming the power sector.
"There has been an agreement. The states have agreed to issue bonds," she
told reporters late on Friday after a meeting of the Empowered Group of chief
ministers and energy ministers of several states.
The group was set up in March after Prime Minister Atal Behari Vajpayee met
chief ministers of all the states and urged them to reform their utilities,
which are expected to report a combined loss of $5.1 billion this year.
Officials said the chief ministers in the group and the federal Power
Minister Suresh Prabhu will discuss the proposal with heads of other states
before the proposal is finalised.
The state utilities' debt comprises a principal amount of about $5.3 billion
and a surcharge of about $3.4 billion levied as interest.
The federal government had offered to waive 50 percent of the surcharge and
allow states to issue tax-free bonds bearing an annual interest rate of 8.5
percent for the rest of the amount.
Mehta said New Delhi had agreed to the states' demand that 60 percent of the
surcharge be waived instead of the 50 percent proposed by the federal
government.
This and some other concessions granted to the states had imposed an
additional burden of 20 billion rupees ($425 million) on the federal
government, she said.
Mehta said the states had also agreed to set up committees to review tariffs.
State utilities supply free or heavily subsidised electricity to farmers and
charge a hefty fee for power given to commercial customers.
Heavy losses and widespread theft has made the state power boards bankrupt
and unable to pay power producers for electricity.
Default by the state utility in the western state of Maharashtra prompted
U.S. energy firm, Enron Corp, to issue a preliminary termination notice for
the $2.9-billion Dabhol Power plant which is India's largest foreign
investment.

Factiva Energy Digest - July 6, 2001.

07/06/2001
Factiva Energy Digest
Copyright (c) 2001 Dow Jones Reuters Business Interactive Ltd., trading as
Factiva.

OIL & GAS HEADLINES
*OPEC Secretary-General Says Resumption of Iraqi Exports Unlikely to Affect
Prices
*U.S. Energy Department Bucks American Petroleum Institute, Showing 11th U.S.
Weekly Gasoline Build
*Brazil Petrobras Global Offer to Close on July 18
*Tanker Body Reports 42 Accidents in First Half
POWER & UTILITY HEADLINES
*Fiat Says Italenergia Filed for Montedison Shareholders Meeting
*Italy Watchdog Undecided on Italenergia/Montedison
*New Power Adds Customers With Two Deals
REGULATORY & ENVIRONMENT HEADLINES
*Germany Sets Up Power Grid Competition Watchdog
*Belgium Government Holding Up Gas Market Opening
*Energy Regulatory Commission Judge Pushes for California Refund Plan Friday
*California Asks SEC to Review PG&E Utility Transfers
*Bankrupt

4 million barrels greater than this time last


Message-ID: <28434191.1075850041722.JavaMail.evans@thyme>
Date: Tue, 12 Jun 2001 07:06:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all.worldwide@enron.com
Subject: Business-Wide Cost Saving Opportunities
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All Enron Worldwide
X-cc:
X-bcc:
X-Folder: \Steven_Kean_Nov2001_2\Notes Folders\Archiving\Untitled
X-Origin: KEAN-S
X-FileName: skean.nsf

At Enron, we=01,re good at a lot of things:  making markets, commoditizing=
=20
products, managing risk, offering innovative energy solutions to customers =
=01)=20
the list goes on and on.  However, one of the things we could do a lot bett=
er=20
is watching our expenses.  We=01,re all shareholders in this company, and w=
e=20
need to spend our company=01,s dollars as wisely as we spend our own.

There are some simple, yet significant measures each of us can take to make=
=20
sure we=01,re careful with Enron=01,s money.  The Policy Committee has appr=
oved and=20
recommended the following:

? Professional Services =01) This is our largest area of discretionary spen=
ding,=20
at more than $600 million last year. =01&Professional Services=018 includes=
 our=20
contracts with outside law and accounting firms, contractors and other=20
consulting groups.  To make sure that we are negotiating the best rates and=
=20
terms of service for the company across business units, we are requiring al=
l=20
future professional service contracts and those up for renewal to be=20
negotiated through or in consultation with Global Strategic Sourcing (GSS),=
=20
effective July 1.  In addition, contracts for more than $5,000 must be=20
pre-approved by the business unit senior executive or their designee and=20
GSS.  For more information, see http://ibuyit.enron.com.

? On-line expense reporting tool XMS =01) XMS, our online expense reporting=
=20
tool, enables us to expedite, monitor and report expenses.  Effective July =
1,=20
all employees on domestic U.S. payroll will be required to use XMS for=20
reimbursement of business-related expenses. To access XMS, go to=20
http://xms.enron.com/. =20

? Enterprise wide portal =01) We currently have 122 internal web sites acro=
ss=20
the company.  The amount of technology work, marketing collateral, and othe=
r=20
related costs required to develop and support so many portals is sizeable. =
=20
It makes sense to have one Enron portal so you can efficiently access conte=
nt=20
and services through a single, personalized channel that will make it easie=
r=20
for you to find information and perform basic tasks online.  This new=20
company-wide portal, under the leadership of Tony Mends, will be launched i=
n=20
several phases beginning this fall. =20

Another significant area where we can be more diligent in our spending is=
=20
travel and entertainment.  Enron has long had travel policies in place.  As=
=20
we have grown, we have not done as well as we should have in communicating=
=20
those policies to new employees and reminding all employees to take advanta=
ge=20
of the discounts we have negotiated.  The availability of discounts and=20
booking services online should make it easy to save money for the company=
=20
without sacrificing the comfort of employees who travel.  The following are=
=20
common sense recommendations that we should all adhere to when traveling fo=
r=20
business.  Any regular deviations from these travel policy recommendations=
=20
will be reviewed by each business unit leader.

? Air travel =01) Employees are requested to use either Travel Agency in th=
e=20
Park (TAP) or the GSS-approved preferred travel agency for your location -=
=20
all of which have access to the significant airfare discounts negotiated by=
=20
GSS - or http://clicktrip.enron.com/enron, the new online travel booking=20
service that allows employees to book their own travel with the same=20
negotiated discounts.  Employee


Message-ID: <15386465.1075860576532.JavaMail.evans@thyme>
Date: Wed, 15 Dec 1999 03:42:00 -0800 (PST)
From: richard.sanders@enron.com
To: john.nowlan@enron.com
Subject: Havmann
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Richard B Sanders
X-To: John L Nowlan
X-cc:
X-bcc:
X-Folder: \Richard_Sanders_Dec2000\Notes Folders\Sent
X-Origin: Sanders-R
X-FileName: rsander.nsf

---------------------- Forwarded by Richard B Sanders/HOU/ECT on 12/15/99
11:42 AM ---------------------------

Helen_Godel@clyde.co.uk on 12/15/99 06:30:56 AM
To: Gail Brownfeld/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Robert C Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
richard_b_sanders.ect%ei.enron.com@clyde.co.uk (bcc: Richard B
Sanders/HOU/ECT)
Subject: Havmann

Gail -

To answer your questions, and being brief in this complicated case, I am
optimistic about the changes of a recovery against charterers' liability
underwriters.

Were we to revive the arbitration and it went to a final hearing on merits, I
rate the chances of success as 60:40 in our favour.  Underwriters have pleaded
the defence of inherent vice in the adjourned arbitration but the burden of
proof is firmly on them.  Further, Minton Treharne & Davies, our experts,
believe that the cargo was borderline on spec. and became off-spec. for
transit-related reasons (which cannot be blamed on the ship).  In our favour,
we
have the Samarec certificate of quality and one loadport sample ex ship
showing
the cargo on spec.  Against this is the circumstantial evidence of problems on
other ships and what will be a sustained technical attack on the credibility
of
the Samarec certificate by a chemistry expert.

My instincts tell me we shall never reach a final hearing.  We will have to
revive the arbitration without doubt, but underwriters in my view have not got
the stomach for a fight.  I think they will try to settle for an agreed
figure,
and will look to Enron to discount their claim.  We shall claim against them
on
top of the settlement sum (yet to be paid by you), various costs and
disbursements incurred in defending shipowners' claims.  In my view they were
all reasonably incurred.  Underwriters were given every opportunity to settle
with shipowners but choose to do nothing.  They did not even bother to attend
the mediation.

To answer your queries on fees, the amount we are holding on client account is
approximately USD111,000 (Navigas settlement monies plus refund of arbitration
deposit less paid Clyde & Co. accounts).  Unbilled costs are approximately
o7,000 and unbilled disbursements o25,000.

Regards,
David Best.

__________________________

This e-mail and any files transmitted with it are confidential and intended
solely for the use of the individual or entity to whom they are addressed.
Any
views or opinions expressed within this e-mail are those of the author and do
not necessarily represent those of Clyde & Co.  If you have received this
e-mail
in error, please contact Clyde & Co.

Telephone:     +44-171 623 1244
Facsimile:     +44-171 623 5427
email:         postmaster@clyde.co.uk
Internet:      http://www.clydeco.com


Message-ID: <28365707.1075860858478.JavaMail.evans@thyme>
Date: Wed, 6 Jun 2001 14:23:37 -0700 (PDT)
From: kevin.hyatt@enron.com
To: lorna.brennan@enron.com
Subject: Revised-  Confidential: Phoenix, AZ gas market research study
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Hyatt, Kevin </O=ENRON/OU=NA/CN=RECIPIENTS/CN=KHYATT>
X-To: Brennan, Lorna </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Lbrenna>
X-cc:
X-bcc:
X-Folder: \Kevin_Hyatt_Mar2002\Hyatt, Kevin\Deleted Items
X-Origin: Hyatt-K
X-FileName: khyatt (Non-Privileged).pst

see revision in red below

 -----Original Message-----
From: 	Hyatt, Kevin
Sent:	Wednesday, June 06, 2001 10:31 AM
To:	Brennan, Lorna
Cc:	Gadd, Eric; Millar, John
Subject:	Confidential: Phoenix, AZ gas market research study
Importance:	High

Here is an abbreviated project scope of what I'm looking for regarding the Phoenix market.  The objective is to assemble a market-based case to justify building a new gas line from the San Juan Basin south to Phoenix.  If you have questions or suggestions, please don't hesitate to call me at 713-853-5559.  Also, please reply with a projected completion date (is the end of June too soon?)

thanks for the help.
Kevin

Pipeline maps:
	1. Interstate lines serving SW quadrant of U.S.
	2. Gas lines serving Phoenix (60 mi. radius) and any capacity info
	3. Overlay of 115kv and above electric transmission lines (statewide)
	4. Utility service territories (APS, Salt River, Citizens, others?)

Market Facts:
	1. Phoenix market facts, population, historical growth rates, per capita income, etc.
	2. natural gas and power rate case decisions at state level
	3. Public Service Commission gas & electric utility statistics
	4. List of industrial gas users, location, annual or daily consumption, etc.
	5. List of power plants, location, capacity, etc. (currently operating, those that are proposed, approved, or under construction)

Index of Customers:
	1. Gas pipeline (and LDC's if available) customers and available volume and contract expiration information

Miscellaneous:
	1. Any available gas storage in the state of AZ
	2. 10 years of monthly gas prices based on a local index compared to Nymex compared to San Juan Basin
	3. Any other info you think may be relevant
	4. Any LDC tariff schedules that penalize customers trying to bypass the LDC
	5. Anything else you can think of that helps or hurts our case


Message-ID: <22993187.1075845228605.JavaMail.evans@thyme>
Date: Thu, 7 Jun 2001 14:48:17 -0700 (PDT)
From: daily-admin@smartmoneylist.com
To: dailynews-text@mailing.smartmoneylist.com
Subject: The SmartMoney.com Daily Views
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: daily-admin@smartmoneylist.com <IMCEANOTES-daily-admin+40smartmoneylist+2Ecom@ENRON.com>
X-To: dailynews-TEXT@mailing.smartmoneylist.com
X-cc:
X-bcc:
X-Folder: \Lewis, Andrew H.\Lewis, Andrew H.\Inbox
X-Origin: LEWIS-A
X-FileName: Lewis, Andrew H..pst

-- http://www.smartmoney.com/ --
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D

---------------------------------------------------------------------------=
-=20
Daily Views
June 7, 2001
----------------------------------------------------------------------------
Tradecraft: The Patience Principle
By Jonathan Hoenig
Trading is all about split-second decisions, right? Not if you=20
want to make the big money it isn't.
http://www.smartmoney.com/tradecraft/index.cfm?story=3D20010607
AOL USERS, CLICK=20
HERE=20
************************************************************
************************************************************
IN THIS EDITION:=20
* THE CLOSING BELL
* TODAY'S SMARTMONEY FEATURES
* BREAKING NEWS
* AND WHEN IT WAS ALL OVER: TODAY'S NUMBERS=20
* HOW DID YOUR STOCKS FARE TODAY?=20
* SPECIAL OFFER=20
--------------------------------------------------------------------------
THE CLOSING BELL: =20
Chip Stocks Pull Market Higher
By Lawrence Carrel
A semiconductor industry group predicted growth in the second half,=20
outweighing two mediocre profit reports.=20
http://www.smartmoney.com/bn/index.cfm?story=3D20010607073339
A=
OL USERS, CLICK=20
HERE=20
************************************************************
************************************************************
The SmartMoney Challenge
Watch the nation's three largest brokerage firms square off=20
in a yearlong trading contest. You might just learn something! =20
http://www.smartmoney.com/challenge
AOL USERS, CLICK HERE=
*
 ***********************************************************
************************************************************
TODAY'S SMARTMONEY FEATURES:
Is Biotech Finally Going Its Own Way?
By Rebecca Thomas
Tech and biotech tend to move in lockstep. But this rally may be=20
different for some very good reasons.
http://www.smartmoney.com/stockwatch/index.cfm?story=3D200106072
AOL USERS, CLICK=20
HERE=20

A SmartMoney.com Exclusive: More Questions About Torricelli's Finances
By Matthew Goldstein
Did a now-defunct hedge fund give the embattled senator preferential=20
treatment at the expense of other investors?
http://www.smartmoney.com/onthestreet/index.cfm?story=3D200106061
AOL USERS, CLICK=20
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Plus: The man behind both the hedge fund and Torricelli's blind trust
http://www.smartmoney.com/onthestreet/index.cfm?story=3D20010606=20
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Deal of the Week: More Byte for Your Buck
By June Kim
Sure, the PC industry might be in a slump. But that means it's=20
an excellent time to buy.
http://www.smartmoney.com/deal/index.cfm?story=3D20010606
AOL U=
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************************************************************
************************


Message-ID: <19992536.1075845961914.JavaMail.evans@thyme>
Date: Thu, 7 Dec 2000 08:32:00 -0800 (PST)
From: kay.mann@enron.com
To: ben.jacoby@enron.com
Subject: LLC Agreement Details
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Kay Mann
X-To: Ben Jacoby
X-cc:
X-bcc:
X-Folder: \Kay_Mann_June2001_3\Notes Folders\Sent
X-Origin: MANN-K
X-FileName: kmann.nsf

Any info?
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/07/2000 04:32
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 12/07/2000 03:57:04 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>,
"'areynaud@coral-energy.com'" <areynaud@coral-energy.com>
cc:

Subject: LLC Agreement Details

Kay and Ann:

Please advise of the names of the persons who will constitute the directors
of the new LLC (three appointed by Coral and one appointed by Enron).  Also,
please advise of the date (appearing in Sections 6.2(a) and (c) of the LLC
Agreement) after which the put and call may be exercised.  These items
appear to be the only outstanding information required to complete the LLC
Agreement.  Thanks.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


Message-ID: <18803342.1075861949846.JavaMail.evans@thyme>
Date: Mon, 12 Nov 2001 14:15:09 -0800 (PST)
From: lee.huber@enron.com
To: mark.mcconnell@enron.com
Subject: RE: Aquila Confidentiality Agreement
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Huber, Lee </O=ENRON/OU=NA/CN=RECIPIENTS/CN=LHUBER>
X-To: McConnell, Mark </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MMcConne>
X-cc:
X-bcc:
X-Folder: \MMCCONNE (Non-Privileged)\McConnell, Mark\TW Accounts\Aquila
X-Origin: McConnell-M
X-FileName: MMCCONNE (Non-Privileged).pst

You need to change the definition of Transaction in the first WHEREAS clause and then you can send it.

I could put together a list we have copies of them in the legal dept.  What do you want to use the list for??

 -----Original Message-----
From: 	McConnell, Mark
Sent:	Monday, November 12, 2001 4:07 PM
To:	Huber, Lee
Subject:	Aquila Confidentiality Agreement

Lee,

I made the changes to the Duke confidentiality agreement that you sent me, basically just the name changes.  Is there anything else I need to do, or can I just print this out and send it to them?  Please let me know.

Also,  Is there a list of companies that have a confientiality agreement with Transwestern?

 << File: Aquila confident 11-01.doc >>

Mark McConnell
Transwestern Pipeline Company
713-345-7896   office
713-822-4862   cell
713-646-2551   fax
mark.mcconnell@enron.com


Message-ID: <9276598.1075843748384.JavaMail.evans@thyme>
Date: Mon, 29 Jan 2001 00:22:00 -0800 (PST)
From: gbrandon@tr.com
To: cwall@tr.com
Subject: 29 January, 2001, TR State NewsWire
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: George Brandon <gbrandon@tr.com>
X-To: Christy Wall <cwall@tr.com>
X-cc:
X-bcc:
X-Folder: \Jeff_Dasovich_June2001\Notes Folders\Notes inbox
X-Origin: DASOVICH-J
X-FileName: jdasovic.nsf

STATES
WASHINGTON -- Lawmakers seek to encourage rural deployment with tax
incentives
MINNESOTA -- Senate committee to discuss telecom issues
MINNESOTA -- Democrats make telecom issues high priority
MISSOURI -- Bill would give tax credits for donations to schools,
libraries
ILLINOIS -- General Assembly prepares to rewrite telecom law
OREGON -- Bill would change requirements for utilities to issue stocks,
bonds, notes
CONNECTICUT -- Legislator wants customer credits when ISPs' servers are
down
TEXAS -- Bill would expand safeguard for residential disconnects
MASSACHUSSETS -- Senator wants 'standards of conduct' for telemarketers
WASHINGTON -- WUTC to hold workshop on telecom operations rules

ADVANCED SERVICES
WASHINGTON
Lawmakers seek to encourage rural deployment with tax incentives

Rep. Richard DeBolt (R., District 20) has introduced legislation to
provide tax incentives for companies seeking to deploy advanced telecom
services in rural areas.  HB 1239 would exempt from taxation any sales
to or by telecom companies for machinery, equipment, or tangible
personal property used to build telecom infrastructure in rural areas.

Telecom company machinery, equipment, or facilities used to provide
advanced telecom services to rural areas would be exempt from the use
tax.  Telecom companies also would be able to receive a tax credits
equal to 50% of their costs of constructing telecom structures or
facilities, or acquiring machinery or equipment.

HB 1239 awaits consideration by the House Technology,
Telecommunications, and Energy Committee.

STATE & LOCAL GOVERNMENT
MINNESOTA
Senate committee to discuss telecom issues

The Senate Telecommunications, Energy, and Utilities Committee has
scheduled hearings tomorrow and Feb. 1 for a general overview of telecom
issues, the legislative staff told TR.  The Senate staff likely will
make a presentation.  The committee hasn't received any telecom-related
legislation yet, the staff noted.

The hearings are scheduled for 2 p.m. in Room 15 of the Capitol
Building.

STATE & LOCAL GOVERNMENT
MINNESOTA
Democrats make telecom issues high priority

The 2001 legislative agenda unveiled by House Democrats includes
ensuring access to high-speed and wireless telecom services and
establishing online privacy safeguards for consumers.  The Democrats'
privacy protection plan includes reforming telemarketing practices.
They promised detailed proposals within the next few weeks.

TAXATION
MISSOURI
Bill would give tax credits for donations to schools, libraries

Rep. Connie (LaJoyce) Johnson (D., District 61) has introduced HB 507 to
establish state income tax credits for companies that give either
high-tech equipment to school districts or cash donations to school
district libraries.

Under HB 507, companies that donate high-tech equipment to a public
school district would receive a tax credit worth 50% of the value of the
contribution.  If the equipment went to a school district with a large
percentage of "high-risk students," the tax credit would increase to 75%
of the donation's value.  Companies that donate cash to help a school
district library to buy computers, Internet service, books, or other
equipment would receive a tax credit for 50% of the donation's value.

Both the school and library tax credits would apply to tax years that
start on or after Jan. 1, 2001, but before Jan. 1, 2005.  A taxpayer
couldn't receive a tax credit worth more than $5,000 in one tax year,
and the total amount of tax credits generated by HB 507 couldn't surpa

1333 H St.
295 would extend the safeguard


Message-ID: <21614515.1075863191433.JavaMail.evans@thyme>
Date: Mon, 19 Nov 2001 19:52:16 -0800 (PST)
From: whitney@thelaw.net
To: sara.shackleton@enron.com
Subject: Caselaw, Cheese and Syrup...
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: 7bit
X-From: <whitney@thelaw.net>@ENRON
X-To: Shackleton, Sara </O=ENRON/OU=NA/CN=RECIPIENTS/CN=SSHACKL>
X-cc:
X-bcc:
X-Folder: \SSHACKL (Non-Privileged)\Shackleton, Sara\Deleted Items
X-Origin: Shackleton-S
X-FileName: SSHACKL (Non-Privileged).pst

From: Mark Whitney
TheLaw.net Corporation
Homepage: http://www.thelaw.net
Remove: http://www.thelaw.net/remove.htm

  By late November folks aren't thinking about legal research, they're thinking about food. Our answer:

--discount subscriptions to TheLaw.net for the month of November by up to 20%
--send you something sharp and something sweet

  Subscribe to TheLaw.net before the end of November and we'll immediately direct the farm families of the Cabot Creamery in Cabot, Vermont, to ship you a pint of their pure Vermont Maple Syrup and a pound of their Vintage Vermont Cheddar. See, http://www.cabotcheese.com
see also http://www.thelaw.net/cabotoffer.htm

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  Our Small Office Special is on sale, too, and the prices for multi-user Workgroups look even more attractive. See, http://www.thelaw.net/subscribe.htm

  Of course, our large competitors' databases have been a work in progress for generations. But, times have changed. A judicial opinion does not take on greater precedential value merely because it's fed to you via a WestLaw pipeline. It just costs more to read it. If you take a look at the searchable case law database you'll have UNLIMITED access to with TheLaw.net we stack up quite nicely, particularly when you consider the price.
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--Have a case citation you need to know more about? Find cases construing that item in one mouse click. Simple.

--Easy to use? Do you know how to operate a browser, shuttle th


Message-ID: <3021285.1075842101609.JavaMail.evans@thyme>
Date: Wed, 28 Jun 2000 05:31:00 -0700 (PDT)
From: carol.clair@enron.com
To: susan.bailey@enron.com
Subject: EP-Enron ISDA Guaranty -f/u 6-28
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Carol St Clair
X-To: Susan Bailey
X-cc:
X-bcc:
X-Folder: \Carol_StClair_Dec2000_1\Notes Folders\All documents
X-Origin: STCLAIR-C
X-FileName: cstclai.nsf

Susan:
Please make this change.
Carol
----- Forwarded by Carol St Clair/HOU/ECT on 06/28/2000 12:31 PM -----

	"Shuttee, John" <ShutteeJ@EPEnergy.com>
	06/28/2000 09:07 AM

		 To: "'Carol.St.Clair@enron.com'" <Carol.St.Clair@enron.com>
		 cc: "Shuttee, John" <ShutteeJ@EPEnergy.com>
		 Subject: EP-Enron ISDA Guaranty -f/u 6-28

Carol -

Two things:

* First, I will try to email this guaranty to you again, followed with
a fax.  Apparently both failed to go through yesterday.
* Second, I did some research and it turns out that our general
partner is El Paso Merchant Energy-Gas Company, and Cecelia Heilmann is an
officer authorized to sign for both this entity and the L.P..  So if you
want to alter the signature block reflecting this general partner, feel free
to do so.

Please let me know later this morning if you still did not get our Guaranty.

John

> -----Original Message-----
> From: Shuttee, John
> Sent: Tuesday, June 27, 2000 8:37 AM
> To: 'Carol.St.Clair@enron.com'
> Cc: Shuttee, John
> Subject: EP-Enron ISDA Guaranty
>
> Sorry, I thought I had.  Here it is.
>
> John
>
>  << File: EL  Guaranty 5-23 (Enron Form).doc >>
>
>  -----Original Message-----
>  From: Carol.St.Clair@enron.com [SMTP:Carol.St.Clair@enron.com]
>  Sent: Tuesday, June 27, 2000 8:18 AM
>  To: Shuttee, John
>  Subject: RE: Enron ISDA Final Draft 6-23
>
>
>  John:
>  Please send the Guaranty attachment.
>
>  Carol St. Clair
>  EB 3892
>  713-853-3989 (Phone)
>  713-646-3393 (Fax)
>  carol.st.clair@enron.com
>
>
>
>
>                      "Shuttee,
>
>                      John"                To:
> "'Carol.St.Clair@enron.com'" <Carol.St.Clair@enron.com>
>                      <ShutteeJ@EPE        cc:
>
>                      nergy.com>           Subject:     RE: Enron ISDA
> Final Draft 6-23
>
>
>                      06/26/2000
>
>                      03:32 PM
>
>
>
>
>
>
>
>
>
>  Carol,
>
>  Enclosed is our adjusted guaranty that we had previously altered to
> meet
>  your requirements (sorry I didn't send this initially). Please see
> if this
>  is good for you.
>
>  John
>
>  PS:  Where is "receipt" you discussed below?  Page 1 of which
> document?
>   <<Enron Guarantee Format - 5-23.doc>>
>
>  > -----Original Message-----
>  > From:   Carol.St.Clair@enron.com [SMTP:Carol.St.Clair@enron.com]
>  > Sent:   Monday, June 26, 2000 1:03 PM
>  > To:     Shuttee, John
>  > Subject:     Re: Enron ISDA Final Draft 6-23
>  >
>  >
>  > John:
>  > The Schedules look fine.  Just one minor chnage which I can maker.
> In
>  the
>  > form of LC, I'm deleting the words "Rider 1" at the bottm and in
> the last
>  > paragrpah of page 1, chnagung the word "receipts" to "receipt".
> We will
>  > generate and send to you execution sets.  With respect to the
> Guaranty,
>  we
>  > would prefer that you sue the fopm which I sent to you a few weeks
> ago.
>  > Here it is.  This form is our updated form and matches up with the
> Enron
>  > Guaarnty that we are giving you.
>  > (See attached file: EL  Guaranty 5-23 (Enron Form).doc)
>  >
>  > Carol St. Clair
>  > EB 3892
>  > 713-853-3989 (Phone)
>  > 713-646-3393 (Fax)
>  > carol.st.clair@enron.com
>  >
>  >
>  >
>  >
>  >                     "Shuttee,
>  >
>  >                     John"                To:     "'Carol St
> Clair'"
>  > <Carol.St.Clair@enron.com>
>  >                     <ShutteeJ@EPE        cc:     "Shuttee, John"
>  > <ShutteeJ@EPEnergy.com>
>  >                     nergy.com>           Subject:     Enron ISDA
> Final
>  > Draft 6-23
>  >
>  >
>  >