Collateral Va1uavio~
			       Bank o{Amertca

Stock Price axsumpnions                           27-Jun-01
      Enron       S46.72             TCW- Select   $1740
    Compaq        S13.88             TCW.Aggr.     S13.94
    Eli Lilly     $74.02             TCW- Small    S22.92
      EOTT        Sl8.76

    .0~0.      ersou~  n
Outstanding Loan Balance                                        S13..204.392

Collateral Pled ed                                   Shares      Value
Enron Corp.                                          393.597    518,388.852
Compaq Computer                                      332256      ~ll~3
Total Market Value oC Collateral                                523.000,565
Less: Collateral Required (80% LTV)                  57.42%     516.505,490

Excess (Deficit) Collateral                                      56,495,075
Borrowing Power                                                  SS,196.060
Available to Borrow                                              35.196.060 I

								 d
Outstanding Loan Balance                                   [~~6.741.0o0]

Collateral Pledged                                   Shares      Value
Compaq                                               213,064     S 1,569.328
Eli Lilly & Co.                                      20,220      $1,496,684
EOTI Energy Parmers                                   5.000         393,800
TCW Galileo Select Equities                          131,738     32.292.241
TCW Galileo Aggressive Growth                        37,949        3529,009
TCW Small Cap Growth                                 41,485        5950,836
Enron Corp.                                          35,000      51.635.200
Total Market Value of Collateral                                 S8,S67.099
Less: Collateral Required (LTV 80%)                  78.68%      58,426,250

Excess (Deficit) Collateral                                       S 140,849
Borrowing Power                                                   5112.679
Available to Borrow                                               5112,679

						     Confidential Treatment
						     Requested under FOIA

GOVERNMENT
  EXHIBIT
   24212
  Crim No. H 04-0025

I

LAY-SEC-I 000000144

 79. 9%
 20.2%
 100.0%

 18.3%
 17.5%
 1.1%
 26.80/c
 6.2%
 11.1%
 19.1%
100.0%

LOC..010627
 8/712002

F
L



			 Collateral Valuation
			   Bank of Amerwa

Stock Prwe assumptions                            27-jun.01
      Enron       $48.34           TCW - Select    S 17.33
    Compaq        51422            TCW.Aggr.       51434
    Eli Lilly     $73.68           TCW. Small      523.45
      EOTT        513.51

~40   IOQO.erso                   ~    ~   tnie~.   'i  a-~La~
Outstanding Loan Balance                                    ~4J92

Collateral Pledged                                  Shares       Value
Enron Corp.                                         393,597      519,026,479
Compaq Computer                                     332,256
Total Market Value of Collateral                                 S23 ,75 1,159
Less: Collateral Required (80% LTV)                  24.440/o    57.255,490

Excess (Deficit) Collateral                                      $16,495,669
Borrowing Power                                                  S13,196.53S
Available to Borrow                                              $13.1 96.535

								 t

Outstanding Loan Balance                                         56,741,000

Collateral Pled ed                                  Shares       Value
Compaq                                              113,064      $1,607,770
Eli Lilly & Co.                                      20,220      $1,489,310
EOTT Energy Parmers                                   5 .000        $92,550
TCW Galileo Select Equi~es                          131,733      $2,348,889
TCW Galileo Aggressive Growth                        37,949        5544,189
TCW Small Cap Growth                                 41,485        $972,823
Enron Corp.                                          35,000      51.691.900
Total Market Value of Collateral                                 58,747,930
Less: Collateral Required (LTV 80%)                  77.06%      S8,426,250

Excess (Deficit) Collateral                                        5321.680
Borrowing Power                                                    5257,344
Available to Borrow                                                5257,344

						   Confidential Treatment
						   Requested under FOIA

						    LAY.SECI 000000149

 80.1%
 19.9%
100.0%

 18.4%
 17.0%
  1.1%
 26.9%
 6.2%
 11.1%
 19.3%
100.0%

L,0C0 10628
 8/7/2002



			Collateral Valuation
			   Sank of America

Outstanding Loan Balance                                        35.000.000

Collateral Pledged                                  Shares      Value
 143,690 shares ~                          >~Z..    143,69,0 -  ~i92~

Total Market Value of Collateral                                S6.94~.975
Less: Collateral Required (80% LTV)                   72.0%     36.250.000

Excess (Deficit) Collateral                                       S695.975
Borrowing Power                                                   3556.780
Available to Borrow                                               5556.780

3750.000 Line or Credit (Unsecured'~ 1/N/O Kenneth L. & Linda P. Lay
Outstanding Loan Balance

				    LOC.0 10628
				     8/7/2002

								30

						      Confidential Treatment
						      Requested under FOIA

						LAYSEC.J 000000150



						   Collateral Valuatioti - Suriimnnry

							 BA      I  Chase    I  Compass *
							   80.0%        75.0%        80.0%

						      $40,000,000
						      $13,204,392

								  $ I 5,000,000
								   $1,042,000

										$10,000,000
										 $3,489,871

   (:urrei.E ITV
Mki Val. Collaicral
   Collaleral Req.
  Lxcess (Ddicil)

Ilorrowing I'owcrl

     57.4%
$23,000,565

 $6,495,075

     61.1%
$11,530,579

$9.389.333
$2,141,246

    49.7%
$7,020,881
$3.8 16.705

 -  %~19~,p6j~ I (~'$ *6~q~44 I  Y1~ ~326,34,I

      78.1%
  $8,567,099
  $8.426 250
   $140,849

SIN: 112,679

						     lotal [or BA, Chase, & Compass   ~

							    100.0%

									100.0%

										      100.0%

												 Allot ation
												    hA
												      19.1%
												      IH.3/.
												      '7.5%
												       1.1%
												      44.0%
												      100.0%

													    ljitg,jii

													    liii lilly
													    I~%) ~
													    i('W

					'Compass LOL laos 80% L1V on all liquid assets held as collateral; the esception as tine SandesV
					 accou',t which, consists of ill, quad assets that Compass offers the lesser of JO% Liv or $ taint

									    IA)t: OltJU2l
									      R17121.KJ2

Stoch Price assumptions                              27-Jun-U I

	ISuro,,           $46.72   iCW - Scieci          S 17.40
			  $13.88   TCW - Aggr.           $13.94
       liii Lilly         $74.02   1CW - Sitiall     .   $22.92
	13011             $18.76

      LTV

Oiiginal LOC
Outstanding

     800%

$I0,000,000
$6,741,000

  tifl
(10
.n  ~
C   ~
(5  0-
w
0- Z

  -TI

C,)
m
C)

0

 13uarou~
Compaq
liii Lilly
 UOTT
 .I.Cw

     Allocation of Collateral
BA          Chase      Coin ass I
  79.9%        97.6%         79.0%
  20.1%         2.4%          0.0%
   0.0%         0.0%         21.0%
   0.0%         0.0%          0.0%
   0.0%         0.0%          0.0%



		       Collateral Valuation
			      Chase

Stock Price Assumptions
	 Enron    S46.72
       Compaq     S13.88

S 15.0 Million Non P~rpose Credit Line

L   STOCK        Symbol   Certif. No.
Enron Corp        ENE     HC153831
B~ronCorp         ENE     HC163113
Baron Corp        ENE     HC1673S2
Enron Corp        ENE     HC16735S
Enron Corp        ENE     HC167359
			  Total ENE

Compaq

Sxares
26,0 17
90,750
41,019
41,165

240,860

CPQ    BB125523   ~
       Total CPQ  20,000

    Value
$   1,215,514
S   4,239,840
S   1,916,408
S   1,922.229
LL2ziaa
S   11.252,979

OwnershLp
  Personal
  Personal
  Personal
  Personal
  Personal
97.6%

	      Personal
S    277,600 2.4%

Total Value of CoUateral  S  11,530.579

AVAILABLE BALANCE
	     Funded         (S~b~2~,0O0>
REMAINING BALANCE                  3

				      Confidential Treatment
				      Req uesled under FOJA

L0C010627.xla
   6/27/01

LAY-SECI 000000063



		    Collateral Valuation
			  Compass

      27.Jun-0.1

	 EnronS46.72~
~~j~illv        $74.02

 $10.0 Million Non Purpose Credit Line

     STOCK         Symbol Certlf. No. Shares Ownership

 Eli Lilly          LLY   FC24922    5,000   Personal
 Eli Lilly          LLY   CNY183BO   5 000   Personal
			   Total LLY 10,000   740,200

 Enron Corp         ENE   HC119322
 Enron Corp         ENE   HC119285
 Enron Corp         ENE   HC119286
 Enron Corp-Split   ENE   HC164652
 Enron Corp         ENE   HC1 19359
 Enron Corp-Split   ENE   HC164653
 Enron Corp         ENE   HC1 19360
 Enron Corp         ENE   HC127094
			  Total_ENE

				7,690     Personal
				22.052    Personal
				1,751     Personal
				1.751     Personal
				4,521     Personal
				4,521     Personal
				7,792     Personal
				9 4.40    Personal
				59,518    2,780,681
				TOTAL $3,520,881
				   LW      80%
		    AVAILABLE BALANCE     SL816,705
				Funded ~
		    REMAINING BALANCE    . CS673166)

						     2 1.0%

						     79.00/0

'Sanders Moms Hams (30% LW. capped at $1,000,000)
AddItional Collateral                               I
				      Total S 3,500,000
				       L1V   30%
			 AVAILABLE BALANCE $ 1,000,000
				    Funded   -,
			 REMAINING BALANCE  S1,000,0O

						 Confidential Treatment
						 Requested under FOIA

			   LOC..010627
			     8/7/2002

					 LAY-SEC-I o00000147