enron mentions enron seeks cash infusion 2 billion wall street journal 11 06 01 companies finance international fitch lowers enron rating financial times 11 06 01 brief energy enron debt ratings lowered fitch los angeles times 11 06 01 fitch downgrades enron debt rating houston chronicle 11 06 01 enron seeks investors raise 2 billion cash wsj says bloomberg 11 06 01 enron german shares drop wsj says seeks 2 billion bloomberg 11 06 01 usa enron seeks 2 bln infusion buyout firms wsj reuters english news service 11 06 01 enron seeks 2 billion cash infusion faces escalating fiscal crisis dow jones business news 11 06 01 enron seeks 2 bln usd cash injection exchange equity stake report afx news 11 06 01 enron long term debt rating may cut junk status fitch bloomberg 11 06 01 companies finance americas lower power prices aid pg e corp financial times 11 06 01 asia pacific enron unit set quit project financial times 11 06 01 world business briefing asia india utility transfer notice new york times 11 06 01 dabhol serves asset transfer notice mseb business standard 11 06 01 enron bring curtains india power project agence france presse 11 06 01 enron unit dpc serves notice close india power project afx news 11 06 01 shell enron india oil gas assets buy talk speculative dow jones energy service 11 06 01 enron plans sell 50 korean jv sk corp dow jones international news 11 06 01 tractebel enron 245 mw mexican cogeneration project dow jones international news 11 06 01 seven oil services drilling firms record 10 share price hit last week oil daily 11 06 01 gas prices plunge weather forecasts enron linked market maneuvers oil daily 11 06 01 enron credit web site lists rating enron corp dow jones news service 11 05 01 enron seeks cash infusion 2 billion wall street journal staff reporters robin sidel kara scannell new york rebecca smith los angeles 11 06 2001 wall street journal 3 copyright c 2001 dow jones company inc enron corp looking convince wall street cope escalating financial crisis held initial discussions private equity firms power trading companies capital infusion least 2 billion people familiar matter say houston energy concern unable tap public capital markets time needs shore balance sheet approached big name buyout firms blackstone group clayton dubilier rice gauge interest enron seeks cash infusion exchange equity stake enron among terms addition number companies involved power trading core business enron expressed interest making investment identity companies making overtures determined prominent energy companies power trading operations include anglo dutch oil concern royal dutch shell group dynegy inc duke energy corp charlotte n c reliant energy inc houston el paso corp also houston another well known investor outside industry approached declined enron offer enron needs infusion part previously announced plans raise cash sale power assets going slowly expected mostly though needs restore credibility wall street time access financing markets drying one potential financier general electric co ge capital unit also approached enron ge fairfield conn interest outright takeover enron could take small stake make financing commitment discussions effect according one person familiar matter ge declined comment would expect everybody business understands power trading would make phone call one person familiar matter said capital infusion would one way help restore enron credibility wall street would show called smart money willing bet turnaround enron chairman kenneth lay eager secure deal early week people say enron representative declined comment spokesman dynegy spokesmen blackstone clayton dubilier rice declined comment enron rocked last month disclosure 1 2 billion reduction equity base partly tied financial dealings company partnerships headed enron former chief financial officer last month reported third quarter loss 618 million securities exchange commission launched formal investigation matter last week enron secured 1 billion new credit lines using gas pipeline assets collateral enron stock price tumbled line developments falling 60 since mid october 4 p new york stock exchange composite trading enron 13 cents 11 17 yesterday ratings concern fitch inc downgraded enron senior unsecured debt triple b minus triple b plus enron senior unsecured debt rated notch junk bond high yield status last week standard poor corp lowered credit rating enron triple b moody investors service lowered rating baa 2 given high profile problems declining stock price potential sec action investors likely would insist close scrutiny enron finances may seek board seats exchange stake one potential investor said firm unlikely make commitment unless enron offered terms good pass inherently risky invest company investigation outcome investigation unknown said joel papernick partner new york mintz levin cohn ferris glovsky popeo law firm involved matter transaction likely would take form convertible preferred stake investor receives safe bond like interest payment convert holding common stock share price rises specified level also possible enron would enter transactions one party instance 2 billion investment may big one private equity firm enron may need get couple potential investors board another way shield investor risk could private equity firm invest asset owned enron instead investing parent company analysts divided whether enron seek investment private equity firm company already power trading business analysts say logical investor would someone already understands deregulated energy markets enron helped pioneer also social factors could influence whose infusion cash ultimately accepted dynegy long regarded enron wannabe history following moves enron made enron purchased portland general electric utility 1997 dynegy made successful bid buy illinova corp acquired february 2000 enron launched successful internet based commodities trading platform enrononline november 1999 dynegy developed rival dynegydirect platform one big difference two companies enron pursued asset light strategy recent years trying control output gas fields power plants without actually owning dynegy much comfortable owning hard assets big purchaser power plants california 1998 example two companies headquarters downtown houston seen die hard rivals could make difficult mr lay accept overture dynegy chairman chuck watson dynegy largest single investor chevrontexaco corp san francisco profited handsomely 28 equity stake dynegy overture coral energy royal dutch shell marketing trading unit might receive receptive response enron onlookers say coral one biggest energy traders carries triple rating unusual energy trading concern coral acts exclusive marketer shell north american natural gas production well power generation gas pipeline gas storage assets controlled intergen joint venture shell bechtel group inc big san francisco engineering consulting firm matt murray contributed article copyright 2000 dow jones company inc rights reserved companies finance international fitch lowers enron rating sheila mcnulty jenny wiggins 11 06 2001 financial times c 2001 financial times limited rights reserved fitch yesterday pushed enron main debt rating bottom rung investment grade category lowering subordinated debt junk status fitch therefore became first major rating agency lower least debt embattled energy trading company investment grade moody standard subordinated debt bb bbb preferred stock b bbb also downgraded enron commercial paper f 3 f 2 lowered senior unsecured debt ratings pipeline subsidiaries bbb current cash position appears adequate securing additional capital sources asset sales raising additional capital would favourable development fitch said c copyright financial times ltd rights reserved http www ft com copyright 2000 dow jones financial desk brief energy enron debt ratings lowered fitch reuters 11 06 2001 los angeles times home edition c 4 copyright 2001 times mirror company fitch cut ratings debt enron corp warned may cut ratings energy trader reduce debts trading business deteriorates charges exceed present estimates fitch cut enron senior unsecured debt bbb minus one notch junk bbb plus subordinated debt bb bbb commercial paper f 3 f 2 rating agency also downgraded preferred stock b plus bbb minus fitch said reducing debt exiting problem businesses management priority enron successful company credit profile improve fitch cut follows downgrades last week moody investors service standard poor houston based enron lined 1 billion new credit last week may sell assets head credit squeeze restore investor confidence according investment bankers shares enron 13 cents close 11 17 apiece new york stock exchange copyright 2000 dow jones subordinated debt bb bbb commercial paper f 3 f 2 rating agency also downgraded enron preferred stock b plus bbb minus fitch said reducing debt exiting problem businesses priority enron successful company credit profile improve fitch cut follows downgrades last week moody investors service standard poor enron shares lost 65 percent less month amid concerns financial practices triggered investigation securities exchange commission also monday enron dabhol power project served asset transfer notice sole customer maharashtra state electricity board first formal step toward u energy company exit 2 3 billion project india enron talks sell half stake natural gas venture sk corp official korea top oil refiner said enron seeks investors raise 2 billion cash wsj says 2001 11 06 02 31 new york houston nov 6 bloomberg enron corp largest energy trader lost 86 percent market value year striving raise least 2 billion cash asking private equity firms power trading companies buy stakes wall street journal said citing unidentified people familiar matter enron held preliminary talks blackstone group lp clayton dubilier rice inc discuss cash infusion paper said additionally number unidentified power trading companies expressed interest investing enron journal said fitch rating agency said may cut enron corp credit rating investment grade enron fails cut debt business slows enron struggling borrow money u securities exchange commission started investigating partnerships run former chief financial officer partnerships bought sold enron shares assets trades costing enron 35 million 1 2 billion lost shareholder equity enron chairman kenneth lay wants secure investment early week journal said company also talked general electric co ge capital unit might interested taking small stake enron making financial commitment paper said citing unidentified person familiar matter enron approached private equity firms previously announced plans raise cash selling assets slowed paper said investment private equity firm could restore company credibility wall street paper reported investment company investigation risky enron may need one investor secure 2 billion wants journal said investors likely prefer convertible preferred stake would pay interest like bond yet could still traded stock share price rises agreed target journal said analysts split think enron want private equity firm invest say enron opt company business journal reported enron german shares drop wsj says seeks 2 billion 2001 11 06 06 53 new york houston nov 6 bloomberg enron corp german shares fell much 6 percent wall street journal reported 1 energy trader seeking raise least 2 billion selling stakes private equity firms power traders enron held talks blackstone group lp clayton dubilier rice inc paper said number unidentified power trading companies also interested investing journal said naming dynergy corp duke energy corp reliant energy inc potential stakeholders houston texas based enron seeking investors plan sell assets slowed paper said investment private equity firm may bolster company reputation fund raising falling stock markets gets harder journal said investing company investigation risky though enron may need one investor secure cash paper said investors prefer convertible preferred stake pay interest like bond yet may still traded stock shares rise agreed target company shares germany fell much 78 cents 12 10 euros stock declined 86 percent year chairman kenneth lay wants secure investment early week journal reported enron also talked general electric co ge capital unit may interested taking small stake paper said citing unidentified person familiar matter analysts split analysts split think enron wants private equity partner say enron opt company business journal reported fitch rating agency said may cut enron corp credit rating investment grade fails cut debt business slows enron struggling borrow money u securities exchange commission started investigating partnerships run former chief financial officer andrew fastow partnerships bought sold enron shares assets trades cost enron 35 million 1 2 billion lost shareholder equity concern enron dealings partnerships shut commercial paper markets large corporations go find low interest short term debt usa enron seeks 2 bln infusion buyout firms wsj 11 06 2001 reuters english news service c reuters limited 2001 new york nov 6 reuters struggling energy giant enron held initial discussions private equity firms power trading companies capital infusion least 2 billion wall street journal reported tuesday company approached big name buyout firms blackstone group clayton dubilier rice gauge interest journal reported online edition citing people familiar situation journal said enron buyout firm declined comment report also said number companies involved enron core business power trading expressed interest making investment said could determine companies british newspaper independent sunday reported energy giant royal dutch shell group believed mount 11 billion bid enron one potential financier general electric co ge capital unit also approached enron journal said report ge interested outright takeover enron discussions taking small stake company making financing commitment journal said monday enron corp took another hit credit rating cut near junk status uproar continued business deals questioned company attack wall street failing explain balance sheet transactions led 1 billion charge 1 2 billion write shareholder equity three weeks ago copyright 2000 dow jones company inc rights reserved enron seeks 2 billion cash infusion faces escalating fiscal crisis 11 06 2001 dow jones business news copyright c 2001 dow jones company inc enron corp looking convince wall street cope escalating financial crisis held initial discussions private equity firms power trading companies capital infusion least 2 billion people familiar matter told wall street journal houston energy concern unable tap public capital markets time needs shore balance sheet approached big name buyout firms blackstone group clayton dubilier rice gauge interest enron ene seeks cash infusion exchange equity stake enron among terms addition number companies involved power trading core business enron expressed interest making investment identity companies making overtures determined prominent energy companies power trading operations include anglo dutch oil concern royal dutch shell group dynegy inc duke energy corp charlotte n c reliant energy inc houston el paso corp also houston another well known investor outside industry approached declined enron offer enron needs infusion part previously announced plans raise cash sale power assets going slowly expected mostly though needs restore credibility wall street time access financing markets drying one potential financier general electric co ge capital unit also approached enron ge fairfield conn interest outright takeover enron could take small stake make financing commitment discussions effect according one person familiar matter ge declined comment capital infusion would one way help restore enron credibility wall street would show called smart money willing bet turnaround enron chairman kenneth lay eager secure deal early week people say enron representative declined comment spokesman dynegy spokesmen blackstone clayton dubilier rice declined comment enron rocked last month disclosure 1 2 billion reduction equity base partly tied financial dealings company partnerships headed enron former chief financial officer last month reported third quarter loss 618 million securities exchange commission launched formal investigation matter last week enron secured 1 billion new credit lines using gas pipeline assets collateral enron stock price tumbled line developments falling 60 since mid october 4 p new york stock exchange composite trading enron 13 cents 11 17 copyright c 2001 dow jones company inc rights reserved copyright 2000 dow jones company inc rights reserved enron seeks 2 bln usd cash injection exchange equity stake report 11 06 2001 afx news c 2001 afp extel news ltd washington afx enron corp held initial discussions private equity firms power trading companies capital infusion least 2 bln usd people familiar matter quoted telling wall street journal enron seeks cash infusion exchange equity stake among terms buyout firms approached include blackstone group clayton dubilier rice newspaper reported addition number companies involved power trading core business enron expressed interest making investment prominent energy companies power trading operations include royal dutch shell group shares royal dutch shell rose yesterday uk press reports anglo dutch combine may lining 11 bln usd bid enron journal said enron needs cash infusion restore credibility wall street previously announced plans raise cash sale power assets going slowly expected jms information contact afx www afxnews com www afxpress com copyright 2000 dow jones company inc rights reserved enron long term debt rating may cut junk status fitch 2001 11 06 01 11 new york enron long term debt rating may cut junk status fitch houston nov 6 bloomberg fitch rating agency said may cut enron corp credit rating investment grade world biggest energy trader fails cut debt business slows fitch yesterday cut enron long term credit rating two notches lowest investment grade bbb bbb friday standard poor cut enron rating one notch p second lowest investment grade bbb bbb enron lost 86 percent market value year struggling borrow money u securities exchange commission started investigating partnerships run former chief financial officer partnerships bought sold enron shares assets trades costing enron 35 million 1 2 billion lost shareholder equity fitch said statement downgrade reflects difficulties enron faces managing liquidity position face erosion investor confidence talks enron held preliminary talks private equity firms power trading companies raise least 2 billion wall street journal reported today citing unidentified people familiar matter enron approached blackstone group lp clayton dubilier rice inc discuss cash infusion exchange stake company paper said additionally number unidentified power trading companies expressed interest making investment enron journal said questions enron dealings partnerships shut commercial paper markets large corporations go find low interest short term debt goldman sachs group inc refused participate 1 billion loan enron unwilling risk capital client falling credit ratings using investment banking services less often according people familiar matter still enron secured 1 billion loan j p morgan chase co salomon smith barney inc agreeing use company natural gas pipelines collateral cash enron current cash position appears adequate securing additional capital sources asset sales raising additional capital would favorable development fitch said enron corp talks sell half stake natural gas joint venture sk corp official korea top oil refiner said yesterday enron said 1998 gas distribution venture sk would capitalization 450 million enron probably sell korean operations loss financial problems lee kwang hoon analyst good morning securities co seoul said yesterday enron difficulties raising funds may prompt pull overseas ventures except china said fitch also cut rating enron subordinated debt bb investment grade status reinie booysen singapore 65 212 1154 companies finance americas lower power prices aid pg e corp julie earle 11 06 2001 financial times c 2001 financial times limited rights reserved pg e corp owner pacific gas electric yesterday said wholesale power prices stabilised california reorganisation progressing well suggests worst might state power crisis sent prices soaring dragged pg e bankruptcy enron us energy trader among pg e 30 000 creditors owed 500 also said recently california situation improving pg e filed chapter 11 bankruptcy protection april amassed nearly 9 bn debt buying power open market sharply higher prices could pass customers pg e corp yesterday said cost buying electricity pg e dropped 69 per cent 697 third quarter 2 23 bn year ago average price power california 75 per cent lower year ago quarter prices stabilised predicted would customers see true cost power regulate said pg e corp spokesman usage prices come added lower electricity costs helped pg e corp treble third quarter net income 771 2 12 share 225 62 cents share year ago sales fell 16 per cent 6 3 bn 7 5 bn peter rigby utilities analyst standard poor credit rating agency yesterday said guarded optimism trend lower wholesale prices would continue pg e corp said hoped learn year end restructuring plan filed september reasonable plan split parent utility stand alone companies transfer assets pg e unregulated units ratepayers however fear move would take pg e well another utility southern california edison oversight state regulatory body california public utilities commission cpuc kenneth lay chairman enron said recently settlement cpuc keep edison bankruptcy good news california power situation c copyright financial times ltd rights reserved http www ft com copyright 2000 dow jones company inc rights reserved asia pacific enron unit set quit project khozem merchant 11 06 2001 financial times c 2001 financial times limited rights reserved dabhol power company indian arm troubled enron energy group yesterday moved closer abandoning role controversial 2 9 bn power project near bombay dpc said preparing hand 2 184 mw asset sole customer maharashtra state electricity board would demand compensation based independent valuation bankers said terms contract mseb obliged buy distressed asset defaulted payments cause breakdown relations two parties yesterday mseb said refused take cognisance dpc issue notice asset transfer indian company withdrawn contract six months ago act defiance dpc says invalid mseb ceased taking power plant may alleging contractual misrepresentation phase one complex complete second stage approaching completion dispute effectively killed work notice formally sets motion valuation process dabhol assets connection termination power purchasing agreement dpc said yesterday us company initiative yesterday comes days legally issue final termination notice 2 9 bn power project amid flurry financial diplomacy project indian foreign lenders salvage country biggest foreign direct investment indian financial institutions carry large exposure project lenders guarantors foreign loans pressure find solution ahead visit atal behari vajpayee indian prime minister washington week enron move runs parallel efforts kenneth lay chairman houston based company seek full compensation 1 bn two smaller us equity holders general electric bechtel fourth final equity holder mseb holds 15 per cent stake c copyright financial times ltd rights reserved http www ft com copyright 2000 dow jones section w world business briefing asia india utility transfer notice saritha rai nyt 11 06 2001 new york times page 1 column 3 c 2001 new york times company dabhol power indian unit enron corporation served asset transfer notice yesterday utility western indian state maharashtra takes dabhol step closer terminating agreement sell power state utility customer dabhol maharashtra involved payment dispute dabhol said notice necessary protect interests sponsors lenders stakeholders company probably serve final termination notice soon continue legal process state utility company statement said saritha rai nyt copyright 2000 dow jones company inc rights reserved dabhol serves asset transfer notice mseb corporate bureau mumbai 11 06 2001 business standard 1 copyright c business standard enron promoted dabhol power company dpc today served notice asset transfer maharashtra state electricity board mseb notice precursor issuing final termination notice ftn board formally kicks process valuation dpc assets statement issued company said dpc secured permission lenders serving transfer notice early october transfer notice yet another step enron saga following payments dispute mseb dpc served preliminary termination notice may 2001 mseb retaliated rescinding power purchase agreement ppa refusing buy power serving preliminary notice cooling period six months give two sides enough time arrive amicable solution failing ftn served dpc would still prefer resolve dispute amicably negotiated purchase indian government financial institutions foreign sponsors equity including offshore lenders debt however ongoing discussions dpc indian government fis yielding significant progress toward fair reasonable solution consequently dpc left little choice serve transfer notice mseb draws us closer final termination ppa dpc statement added copyright 2000 dow jones company inc rights reserved enron bring curtains india power project 11 06 2001 agence france presse copyright 2001 bombay nov 6 afp united states based enron corp indian subsidiary said tuesday serve final termination notice officially close controversial power project india western maharashtra state dabhol power company ltd dpc serve notice mahrashtra state electricity board mseb november 19 six month deadline resolving payment dispute ends enron official told afp enron holds 65 percent stake dpc set 2 9 billion dollar power project single largest us investment india mseb stakeholder dabhol power company 2 1984 megawatt plant stopped generating electricity middle last year mseb sole client failed clear long overdue bills mseb also later refused buy power following dispute tariffs enron served monday asset transfer notice mseb valuation company plant machinery order sell appoint valuer value assets transfer mseb price valuer arrives enron left choice serve transfer notice ongoing discussions government india indian financial institutions yielding significant progress toward fair reasonable solution added statement dabhol power said asset transfer notice follows two years late payments defaults payments electricity board repudiation power purchase agreement board said following transfer notice final termination notice likely served near future continue legal process board enron government talks sell dabhol power government indian state owned financial institutions lent 1 4 billion dollars project foreign lenders exposure 600 million dollars loans foreign lenders guaranteed federal government indian lenders cover foreign lenders may year authorised power company issue preliminary termination notice mseb payment defaults jds bm dv copyright 2000 dow jones company inc rights reserved enron unit dpc serves notice close india power project 11 06 2001 afx news c 2001 afp extel news ltd bombay afx asia enron corp unit dabhol power company ltd said serve final termination notice officially close power project western maharashtra state dpc serve notice maharashtra state electricity board mseb november 19 six month deadline resolving payment dispute ends enron official told agence france presse enron holds 65 pct stake dpc set 2 9 bln usd power project single largest us investment india mseb stakeholder dabhol power company plant stopped generating electricity middle last year mseb sole client failed clear long overdue bills mseb also later refused buy power following dispute tariffs enron served monday asset transfer notice mseb valuation company plant machinery order sell appoint valuer value assets transfer mseb price valuer arrives official said enron left choice serve transfer notice ongoing discussions government india indian financial institutions yielding significant progress toward fair reasonable solution statement dabhol power said asset transfer notice follows two years late payments defaults payments electricity board repudiation power purchase agreement board said following transfer notice final termination notice likely served near future continue legal process board pb information contact afx www afxnews com www afxpress com copyright 2000 dow jones company inc rights reserved shell enron india oil gas assets buy talk speculative 11 06 2001 dow jones energy service copyright c 2001 dow jones company inc singapore dow jones royal dutch shell group rd unit india tuesday described speculative industry talk interested acquiring enron corp ene indian upstream assets bg group plc brg acquisition assets collapses comment market speculation said ravi shell corporate spokesman india new delhi based managing director shell india production development bv shell oil gas exploration division country also declined comment matter contacted dow jones newswires reiterated industry talk speculative industry sources said shell expressed interest acquiring enron india upstream assets held informal talks bg unit new delhi end october discuss matter bg paid us 388 million enron 30 stake oil gas fields offshore western india october sale subject number consents conditions including confirmation enron gas india joint venture partners oil 65 415 4066 sri jegarajah dowjones com copyright 2000 dow jones company inc rights reserved enron plans sell 50 korean jv sk corp 11 06 2001 dow jones international news copyright c 2001 dow jones 822 732 2165 jung shin dowjones com copyright 2000 dow jones company inc rights reserved tractebel enron 245 mw mexican cogeneration project 11 06 2001 dow jones international news copyright c 2001 dow jones 322 285 0137 stefaan lust dowjones com copyright 2000 dow jones company inc rights reserved seven oil services drilling firms record 10 share price hit last week 11 06 2001 oil daily c 2001 energy intelligence group rights reserved shares many leading energy companies suffered sharp share price declines last week amid drop broader equity market falling crude oil prices dow jones industrial average fell 2 3 close 9 323 friday following gloomy week broad economic fundamentals us department commerce announced us economy shrank 0 4 third quarter first quarterly drop economic growth since first quarter 1993 department labor reported us unemployment soared 5 4 last month 4 9 september concerns faltering economy created anxiety crude oil demand price front month light sweet crude new york mercantile exchange nymex closed 20 18 barrel friday nearly 2 bbl week od nov 5 p 3 us natural gas prices continued firm front month henry hub prices nymex closing 3 24 million btu 20 week although gas prices rose drop oil prices caused oil services drilling companies give back big gains recorded prior week od oct 30 p 6 halliburton pride international noble drilling petroleum geo services ensco international schlumberger transocean sedco forex global marine saw shares fall 10 last week see table still corporate news catalyst biggest share price losers houston based genesis energy operates crude oil pipelines independent gatherer marketer crude suffered worst drop 37 5 sharp decline precipitated news limited partnership would reduce quarterly distributions 20 10 due credit crunch unsurprisingly houston based energy trading giant enron near top share price losers list last week stock free fall since early october due rash news included departure two top executives revelation serious balance sheet problems last week enron shares plunged nearly 27 credit ratings agency moody downgraded company corporate credit rating provided gloomy outlook future od nov 5 pl among last week stock winners troubled norwegian service firm kvaerner topped list gain 24 kvaerner shares jumped company agreed financial reorganization plan biggest shareholder russian major yukos top creditors od oct 31 p 6 cms energy saw shares rise 7 back higher gas prices sale gas operations equatorial guinea marathon nearly 1 billion cash od nov 5 pl paul merolli c copyright 2001 oil daily co infomation call 800 999 2718 u 202 662 0700 outside u copyright 2000 dow jones expect least one leg test 2 80 per million btu next weeks andrew h ware c copyright 2001 oil daily co infomation call 800 999 2718 u 202 662 0700 outside u copyright 2000 dow jones company inc rights reserved enron credit web site lists rating enron corp christina cheddar dow jones newswires 11 05 2001 dow jones news service copyright c 2001 dow jones company inc new york dow jones enron credit web site created enron corp ene help provide traders tools hedge credit exposure except seems comes trading enron enron operated site tracks 10 000 companies giving rating known enron cost credit rating expressed interest rate higher rate indicates increased credit exposure previously enron ranked among companies provides data recent trip site showed asked enron cost credit site temporarily showing prices company listing enron situation fluid said enron spokeswoman said common enron credit analysts stop listing company credit situation volatile companies currently listed service include pg e corp pcg parent bankrupt california utility pacific gas electric co compaq computer corp cpq acquired hewlett packard co hwp spokeswoman said know enron listing pulled site last posted rating however references enron pulled according web site graphing section charts cost credit companies time average cost credit companies gas sector 1 07 enron cost credit listed 8 51 period based three year liability comparison enron rivals merchant energy marketing trading arena sharply lower rankings example dynegy inc dyn weighs 1 26 el paso corp epg 1 90 williams cos wmb 1 38 enron spokeswoman surprised discover listing said appearing mistake confirmed information accurate enron updating rating internally enron credit microscope enron credit microscope since company posted third quarter charge 1 billion write failed investments company also later disclosed additional 1 2 billion reduction shareholders equity caused early termination controversial outside partnerships run former chief financial officer andy fastow weeks followed disclosure enron credit rating first downgraded moody investor service standard 201 938 5166 christina cheddar dowjones com copyright 2000 dow jones company inc rights reserved