From: Wilcox, David

Sent: Thursday, February 21, 2002 12:47 AM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Linda Lee to alexm@calpine.com;
jmacias@calpine com; Jenn _._stomntrce: 20p.gov; shg@cpuc.ca gov,
Chris. Soares@do.treas gov; David Wilcox@bdo treas gov; Lee. Sachs@do.treas.gov;

Michelle Greene®3do treas, gov; Ray.Sq

This message was found to have a Critical Word in it. Message Sent to alexm@calpine.com;
jmacias@calpine.com; jason_s. seligmanfcea.eop.gov; shg@cpuc.ca.gov;
Chris.Soares@do.treas.gov; David.Wilcox@de.treas.gov; Lee. Sachs@do.treas.gov;
Michelle.Greene@do.treas.gov; Ray. Squitieri@do.treas.gov; Veronica.Stokes@do.treas.gov;
eisenatatl@DSMO.com; sbvanleer@duke-energy.com; joel.newton@dynegy. com;

lynn. lednicky@dynegy.com; smarafenron.com; Curtis Wagner; Martha Altamar;
dan.poffenberger$ferc.ged.us.treas.gov; pmohler@henm.com; richard. glick@hq.doe.gov;
smutany@iepa.com; karen.tomcala§pge-corp.com; cxg2@pge.com; DxH4@pge.com; RMK4@pge. com;
joehob-perkins@reliantenergy.com; marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw.com
fieldejr@sce.com: harold,ray@sce.com; dreed@sdge.com: wsakariabsdge,com:
rahayes@seiworldwide.com; sjcapoma@seiworldwide.com; mtierney@sempra.com:
sonnet.edmonds@southernenergy.com; cread@steptoe.com: temoreland@swidlaw.coam;

julie. greenisen@troutmansanders.com: Lek Solange tees cont (PKG

From Linda Lee, CC to Gaylen.Barbour@do.treas.gov, Date 1/12/2001 8 39 AM, Subject of
message RE: California Energy Group e-mail

Word(s) found: Enron

wocen ‘Original Message-----

From: Linda Lee

Sent: 1/12/2001 8:55:39 AM

Received: 1/12/2001 8:54:53 AM

To: alexm§calpine.com, SMTP:alexm@calpine.com
jmacias@calpine.com, SMTP: jmacias@calpine.com
jason_s._seligmanfcea.cop.gov, SMTP:jason_s._seligman@cea.eop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov
Chris.Soares@do.treas.gov, SMIP:Chris.Soares@do.treas.gov
David.Wilcox@do.treas.gov, SMTP:David.Wilcox@do.treas.gov
Lee, Sachs@do.t gov, SMTP:Lee.Sachs@do.treas.gov
Michelle.Greene@do.treas.gov, SMTP:Michelle.Greene@do.treas.gov
Ray. Squitieri@de.treas.gov, SUTP:Ray.Squitieri@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP: Veronica. Stokes@do.treas. gov
eisenstatl@DSMO.com, SMTP:eisenstatl@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
jJoel.newton@dynegy.com, SMTP: joel.newton@dynegy.com
ly ednicky@dynegy.com, SMTP:lynn. lednicky@dynegy.com
smara@enron.com, SMTP: smara@enron.com
Curtis Wagner, SMTP:curtis.wagner@ferc. fed.us
Martha Altamar, SMTP:martha.altamar@ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SMTP:dan.poffenberger@ferc.ged.us,treas.gov
pmohler@hewm.com, SMTP:pmohler@hewm. com
richard.glick@hq.doe.gov, SMTP: richard.glick@hq.doe.gov
smutany@iepa.com, SMTP: smutany@iepa.com
karen.tomcala@pge-corp.com, SMTP:karen.tomcalalpge-corp.com
cxg2@pge.com, SMTP: cxg2@pge.com
DxH4@pge.com, SMTP:DxH4@pge.com
FMK4@pge.com, SMTP: RMK4@pge,. com
Joebob-perkins@reliantenergy.com, SMTP: joebob-perkins@reliantenergy.com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com
KMcCrea@Sablaw. com, SMTP:KMcCrea@sablaw.com
fieldejr@sce.com, SMTP: fieldejr@sce.com
harold, ray@sce.com, SMTP:harold.ray@sce.com
dreed@sdge.cam, SMTP: dreed@sdge.com
waakaria@sdge.com, SMTP: wsakaria@adge.com



From: Wilcox, David

Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Curtis Wagner to alexm@calpine.com;

jmacias@calpine com; jason_s. cc eatomentooees 20p gov, shg@cpuc ca gov,
Chris. Soares@do treas.gav, David. Wilcox@do.treas.gov; Lee. Sachs@do.treas.gov;

This message was found to have a Critical Word in it. Message Sent to alexm@calpine.com;
jmacias@calpine.com; jason_s. seligmanfcea.eop.gov; shg@cpuc.ca.gov;
Chris.Soares@do.treas.gov; David.Wilcox@de.treas.gov; Lee. Sachs@do.treas.gov;
Michelle.Greene@do.treas.gov; Ray. Squitieri@do.treas.gov; Veronica.Stokes@do.treas.gov;
eisenstatl@DSMO.com; sbvanleer@duke-energy.com; joel. newton@dynegy. com;

lynn. lednicky@dynegy.com; smarafenron.com; Linda Lee; Martha Altamar;
dan.poffenberger$ferc.ged.us.treas.gov; pmohler@hewm.com; richard. glick@hq.doe.gov;
smutany@iepa.com; karen.tomcala§pge-corp.com; cxg2@pge.com; DxH4@pge.com; RMK4@pge. com;
joehob-perkins@reliantenergy.com; marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw.com
fieldejr@sce.com: harold,ray@sce.com; dreed@sdge.com: wsakariabsdge,com:
rahayes@seiworldwide.com; sjcapoma@seiworldwide.com; mtierney@sempra.com:
sonnet.edmonds@southernenergy.com; cread@steptoe.com: temoreland@swidlaw.cam;
julie.greenisen@troutmansanders.com: alex. goldberg@williams.com: (b)(6)]

From Curtis Wagner, CC to Gaylen.Barbour@do.tr gov, Date 1/12 10:27 PM, Subject
of message RE: California Energy Group e-mail

Word(s) found: Enron

weno ‘Original Message-----

From: Curtis Wagner

Sent: 1/12/2001 2:10:27 PM

Received: 1/12/2001 2:08:33 EM

To: alexm§calpine.com, SMTP: alexm@calpine.com
jmacias@calpine.com, SMTP: jmacias@calpine.com
jason_s._seligmanfcea.cop.gov, SMTP:jason_s._seligman@cea.eop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov
Chris.Soares@do.treas.gov, SMIP:Chris.Soares@do.treas.gov
David.Wilcox@do.treas.gov, SMTP:David.Wilcox@do.treas.gov
Lee, Sachs@do.t gov, SMTP:Lee.Sachs@do.treas.gov
Michelle.Greene@do.treas.gov, SMTP:Michelle.Greene@do.treas.gov
Ray. Squitieri@de.treas.gov, SUTP:Ray.Squitieri@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP: Veronica. Stokes@do.treas. gov
eisenstatl@DSMO.com, SMTP:eisenstatl@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
jJoel.newton@dynegy.com, SMTP: joel.newton@dynegy.com
ly ednicky@dynegy.com, SMTP:lynn. lednicky@dynegy.com
smara@enron.com, SMTP: smaraGenron.com
Linda Lee, SMTP: linda. lee@®ferc. fed.us
Martha Altamar, SMTP:martha.altamar@ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SMTP:dan.poffenberger@ferc.ged.us,treas.gov
pmohler@hewm.com, SMTP:pmohler@hewm. com
richard.glick@hq.doe.gov, SMTP: richard.glick@hq.doe.gov
smutany@iepa.com, SMTP: smutany@iepa.com
karen.tomcala@pge-corp.com, SMTP:karen.tomcalalpge-corp.com
cxg2@pge.com, SMTP: cxg2@pge.com
DxH4@pge.com, SMTP:DxH4@pge.com
FMK4@pge.com, SMTP: RMK4@pge,. com
Joebob-perkins@reliantenergy.com, SMTP: joebob-perkins@reliantenergy.com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com
KMcCrea@Sablaw. com, SMTP:KMcCrea@sablaw.com
fieldejr@sce.com, SMTP: fieldejr@sce.com
harold, ray@sce.com, SMTP:harold.ray@sce.com
dreed@sdge.cam, SMTP: dreed@sdge.com
waakaria@sdge.com, SMTP: wsakaria@adge.com



{(o)(5)}


more e-mail corrections included. the document is attached. we will
reconvene in the same conference room (6th floor, metropolitan square} at
Sam tomorrow, any questions, please call lee sachs's office at 622-2245.
thanks.

<< File: Working Group report 4.doc >>

>
>
>
>
>
>
>
> ~~-~-Original Message----~

> From: Stokes, Veronica

> Sent: Thursday, January 11, 2001 4:56 PM

> To: Alex Goldberg; Alex Makler; Charles C. Read; Claudia Greif;

> Curtis Wagner Jr.; Dan Poffenberger; David Wilcox; Debra Reed; Dede

> Mapner; Harold B. Ray; James Macias; Jan Smutney Jones; Jason Seliyman;
> Joe Bob Perkins; Joel Newton; John Fielder; Julia Greenisen; Karen A.

> Tomeala; Keith McCrea; Larry Eisenstat; Lee Sachs; Linda lee; Lynn

> Lednicky; Martha Altamar; Michael Tierney; Paul Mohler; Rich Glick; Rob

> Hayes; Ross Ain ; Rey Kugas Sean Gallagher; Sonnet Edmonds; Steve Vanleer;
> Steven Capomaccios Sue Maras Terri Moreland; Tripp Ballard; Wayne Sakarias
> Cc: Greene, Michelle; Barbour, Gaylen

> Subject: Fw: California Energy Group

>
>
>
>
>
>
>
>

This is a test to provide a comprehensive listing for those who
participated in the Treasury Department California Energy Group meetings
this week. If you know of anyone else who should be added to this list,
please call at (202) 622-2245,

<< Message: California Energy Group >>
eoence End of message body

Message auditing by MicroData CAMEO Recon


{(b)(5)]


{(b)(5)}


From: Sachs, Lee

Sent: Wednesday, February 20, 2002 11:55 PM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Wilcox, Mme
‘Martha Altamar’, ‘alexm@calpine.com’, ‘imacias@calpine,com’,
sistamangcen son gov “shg@cpuc.ca gov’; Greene, Michelle; Squier. Ray; Stokes,

This message was found to have a Critical Word in it. Message Sent to Sachs, Lee; Soares,
Chris; ‘Martha Altamar'; ‘alexm@calpine.com'; ‘jmacias@calpine.com'; ‘jason _s.
_Seligman@cea.eop.gov'; ‘shg8cpuc.ca.gov’; Greene, Michelle; Squitieri, Ray; Stokes,
Veronica; ‘eisenstatl@DSMO.com'; 'sbvanleer@duke-energy.com'; '4oel.newton@dynegy.com';
‘Lynn. lednicky@dynegy.com'; ‘smara@enron.com'; "Linda Lee’;

‘dan. poffenberger@ferc.ged.us.treas.gov'; "pmohlerfhewm.com'; ‘richard. glick@hq.doe.gow';
‘smutany@iepa.com'; ‘karen.tomcala@pge-corp.com'; ‘cxg2@pge.com'; "DxHd@pge.com’; 'RMK4
@pge.com'; "joebob-perkins@reliantenergy.com'; ‘marvin_k t_ballard@reliantenergy.com' 3
‘KMcCrea@sablaw.com's ‘fieldejrfsce.com'; "harold. ray@sce.com'; "dreed@sdge.com':
‘weakariafsdge.com'; ahayes@seiworldwide.com'; ‘sjcapoma@seiworldwide.com';
‘mtierneyésempra.com'; ‘sonnet.edmonds@southernenergy.com'; 'cread@steptoe.com':
‘temoreland@swidlaw.com'; 'julie.greenisen@troutmansanders.com';

‘alex. goldberg@williams.com'; ,{(e(8)] ‘; , Admin? ‘ronald_minsk@opd.ecp.gov';
*jmdonnell@duke rgy.com'; ‘h xr@duke-energy.com'; 'bbailey@duke-energy.com';
‘nideschanefdu: rgy-com'; ‘wihall@duk egy-com'; ‘sbvanleer@duke-energy.com'; ‘rmk4
@pge.com'; ‘ddrO@pge.com'; ‘rip2@pge.com’; ‘starkle@sce.com'; ‘john. gammie@williams. 1 3
‘sonnet. edmonds@southernenergy.com'; ‘rahayes@seiworlde.com'; 'sjcapoma@seiworlde.com';
‘reharris@seiworlde.com'’; ‘smfuller@seiworlde.com’; ‘dlmiller#seiworld.com';
‘jwholden@seiworlde.com’; 'julie.greenisen@troutmansanders.com';

‘richard. shapiro@enron.com'; ‘robert.badeer@enron.com'; Wilcox, David, From Wilcox, David,
CC te Barbour, Gaylen; "Curtis Wagner’, Date 1/12/2001 5:18:31 PM, Subject of message RE:
California Energy Group e-mail TEST MESSAGE

Word(s) found: Enron

From: Wilcox, David

Sent: 1/12/2001 5:18:31 FM

Received: 1/12/2001 5:18:31 FM

To: Sa Lee, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=SachsL
Soares, Chris, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SOARESC
"Martha Altamar’, SMTP:martha.altamar@ferc, fed,us
*alexm@calpine.com', SMTP:alexm@calpine.com
*jmacias@calpine.com', SMTP: }macias@calpine.com
*jason_s. seligman@cea.eop.gov', SMTP: jason _s. seligmanécea.eop.gov
"shg@cpuc.ca.gov', SMTP: shg@cpuc.ca.gov
Greene, Michelle, EX: /O#USTREASURY/OU#DO/CN*RECI PIENTS/CN*GREENEMI
Squitieri, Ray, EX: /O-USTREASURY/OU=DO/CN*RECIPIENTS/CN*SQUITIERIR
Stokes, Veronica, EX: /O=USTREASURY/OU#DO/CN*=RECIPIENTS/CN@STOKESV
“eisenstatl@DSH0.com', SMTPreisenstat1@D3MO.com
“sbvanleer@duke-energy.com', SMTP: sbvanleer@duke-energy.com
*Joel.newton@dynegy.com', SMTP: joel ,newton@dynegy.com
"lynn. lednicky@dynegy.com', SMTP: lynn. lednickyédynegy.com
“smara@enron.com', SMTP: smara@enron,com
"Linda Lee', SHTP: linda, lee@ferc, fed.us
*dan.poffenberger@ferc.ged.us.treas.gov',

SMTP: dan.poffenberger@ferc. ged.us,treas.gov
‘pmohler@hewm.com', SMI'P:pmohler@hewm.com
*richard.glick@hq.doe.gov', SMTP:richard.glick@hq.doe.gov
*smutany@iepa.com', SMTP: smutany@iepa.com
*karen.tomcala@pge~corp.com', SHTP:karen. tomcala@pge-corp.com
"exg2@pge.com’, SMTP: cxg28pge.com
"Dx4@pge.com’, SMTP: DxHd@pge.com
"RMK4@pge.com’, SMTP: RMK4@pge.com



From: Sachs, Lee

Sent: Wednesday, February 20, 2002 11:55 PM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Wilcox, David to Wilcox, David; Sachs, Lee;

‘Soares, Chris; ‘Martha Altamar’, ‘alexm@Qcalpine,com’, jmacias@calpine,com’; ‘jason_s.
_Seligman@cea.cop. gov’; ‘shg@cpuc.ca_gov’; Greene, Michelle; Squitieri, Ray; Stokes,

This message was found to have a Critical Word in it. Message Sent to Wilcox, Davids
Sachs, Lee; Soares, Chris; ‘Martha Altamar';s ‘alexm@calpine.com': ‘jmacias@calpine.com’;
‘jason_s._seligmanfcea.ecp.gov'; 'shg@cpuc.ca.gov'; Greene, Michelle; Squitieri, Ray:
Stokes, Veronica; ‘eisenstatl@psMo,com'; 'sbvanleer@duke-energy.com’;

‘joel. newton@dynegy.com’; 'lynn.lednicky@dynegy.com'; ‘smara@enron.com'; ‘Linda Lee's
‘dan. poffenberger@ferc.ged.gov's ‘pmohler@hewm.com’; ‘richard.glick@hq.doe.gov's
‘smutany@iepa.com'; ‘karen, tomcala@pge-corp.com'; ‘cxg2@pge.com'; ‘DxH4@pge.com'; 'RMK4
@pge.com'; "joebob-perkins@reliantenergy.com'; ‘marvin_k_ballard@reliantenergy.com';
‘KMcCrea@sablaw.com'; ‘fieldejrasce.com'; "harold.ray@sce.com'; ‘dreed@sdge.com';
‘weakaria@sdge.com'; ' ayes@seiworldwide.com'; ‘s)jcapoma@seiworldwide.com';
‘mntierney@sempra.com onnet.edmonds@southernenergy.com'; ‘cread@steptoe.com';
‘temoreland@swidlaw.com'’; "julie. OO) ss Admins ?

taned. ganaberseniiticas cont 7 fe (8)1 "3 , Admins 'ronald_minsk@opd.eop.gov';
jjmsloniell @duke-energy. com’ 7 *h wer@duke-energy.com'; 'bbailey@duke-energy.com';
‘*njdeschane@duke-energy.com'; ‘wfhall@duke-energy.com'; ‘sbvanleer@duke-energy.com'; ‘rmk4
@pge.com'; ‘ddr0@pge.com'; 'rjp2@pge.com’; 'starkle@sce.com'; 'john.gammie@williams.com';
‘reharris@seiworldwide.com'; ‘smfuller@seiworldwide.com'; 'dlmiller@seiworldwide.com';
‘jwholden@seiworldwide.com'; ‘richard.shapiroBenron.com'; ‘robert.badeer@fenron.com', From
Wilcox, David, CC to Barbour, Gaylens ‘Curtis Wagner’, Date 1/12/2001 5:30:32 PM, Subject
of message RE: California Energy Group e-mail TEST MESSAGE

Word(s) found: Enron

Original Message-----

From: Wilcox, David

Sent: 1/12/2001 5:30:32 PM

Received: 1/12/2001 5:30:32 PM

To: Wilcox, David, EX: /O=USTREASURY/OU#DO/CN*RECIPIENTS/CN#WILCOXD
Sachs, Lee, EX: /O*USTREASURY/OU*DO/CN#RECIPIENTS/CN#SachsL

Soares, Chris, EX:/O-USTREASURY/OU*DO/CN=RECIPIENTS/CH*SOARESC
"Martha Altamar’, SMTP:martha.altamar@ferc. fed.us
"alexmécalpine.com', SMTP:alexm@calpine.com

*4macias@calpine.com', SMTP: 4jmacias@calpine.com
"jason_s._seligman@cea.eop.gov', SHTP:jason_s._seligman@cea.cop.gov
“shg@cpuc.ca.gov', SMTP: shg@cpuc.ca.gov

Greene, Michelle, EX:/O=USTREASURY/OU=D0/CN=RECI PIENTS/CN=GREENEMI
Squitieri, Ray, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SQUITIERIR
Stokes, Veronica, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CH=STOKESV
‘eisenstatl@DSMO.com'’, SMTP:eisenstatl@DSMO. com
*sbvanleer@duke-energy.com’, SMTP: sbvanleer@duke-energy. com

"joel. newton@dynegy.com', SMTP: joel.newton@dynegy. com

"lynn. lednicky@dynegy.com', SMTP: lynn. lednicky@dynegy.com
‘smara@enron.com', SMTP:smara@enron.com

‘Linda Lee’, SHTP:linda, lee@ferc. fed.us

"dan. poffenberger@ferc.ged.gov', SMTPidan.poffenberger@ferc. ged. gov
*pmohler@hewm.com', SMTP:pmohler@hewm. com
*richard.glick@hq.doe.gov', SMTP:rrichard.glick@hq.doe.gov
*smutany@iepa.com', SMTP: smutany#iepa.com
"karen.tomcala@pge-corp.com', SMTP:karen.tomcala@pge-corp.com
“oxg2@pge.com', SMTP:cxq28pge.com

"DxH48pge.com’, SMTP:DxH4@pge.com

"RMK48pge.com', SMTP: FMK48pge.com
*j0ebob-perkins@reliantenergy.com', SMTP: joebob-perkins@reliantenergy.com
‘marvin_k_ballard@reliantenergy.com', SMTP:marvin_k_ballard@reliantenergy.com
‘KMcCrea@sablaw,com', SMTP: KMcCrea@sablaw.com



From: Sachs, Lee

Sent: Wednesday, February 20, 2002 11:55 PM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Martha Altamar to alexm@calpine.com;

jmacias@calpine com, Joon 5st. e0p gov, shg@cpuc ca gov,
Chris. Soares@do treas.gav, David. Wilcox@@do.treas.gov; Lee. Sachs@do.treas.gov;

This message was found to have a Critical Word in it. Message Sent to alexm@calpine.com;
jmacias@calpine.com; jason_s. seligmanfcea.eop.gov; shg@cpuc.ca.gov;
Chris.Soares@do.treas.gov; David.Wilcox@de.treas.gov; Lee. Sachs@do.treas.gov;
Michelle.Greene@do.treas.gov; Ray. Squitieri@do.treas.gov; Veronica.Stokes@do.treas.gov;
eisenstatl@DSMO.com; sbvanleer@duke-energy.com; joel. newton@dynegy. com;

lynn. lednicky@dynegy.com; smarafenron.com; Linda Lee;
dan.poffenberger$ferc.ged.us.treas.gov; pmohler@hewm.com; richard. glick@hq.doe.gov;
smutany@iepa.com; karen.tomcala§pge-corp.com; cxg2@pge.com; DxH4@pge.com; RMK4@pge. com;
joehob-perkins@reliantenergy.com; marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw.com
fieldejr@sce.com: harold,ray@sce.com; dreed@sdge.com: wsakariabsdge,com:
rahayes@seiworldwide.com; sjcapoma@seiworldwide.com; mtierney@sempra.com:
sonnet.edmonds@southernenergy.com; cread@steptoe.com: temoreland@swidlaw.coam;
julie.greenisen@troutmansanders,com: alex.goldberg@williams.com; {(b)

From Martha Altamar, CC to Gaylen,Barbour@do.treas.gov; Curtis Wagner, Date 1/12/2001"
9:26:23 AM, Subject of message RE: California Energy Group e-mail

Word(s) found: Enron

weno ‘Original Message----~-

From: Martha Altamar

Sent: 1/12/2001 9:28:23 AM

Received: 1/12/2001 9:26:14 AM

To: alexm§calpine.com, SMTP:alexm@calpine.com
jmacias@calpine.com, SMTP: jmacias@calpine.com
jason_s._seligmanfcea.cop.gov, SMTP:jason_s._seligman@cea.eop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov
Chris.Soares@do.treas.gov, SMIP:Chris.Soares@do.treas.gov
David.Wilcox@do.treas.gov, SMTP:David.Wilcox@do.treas.gov
Lee, Sachs@do.t gov, SMTP:Lee.Sachs@do.treas.gov
Michelle.Greene@do.treas.gov, SMTP:Michelle.Greene@do.treas.gov
Ray. Squitieri@de.treas.gov, SUTP:Ray.Squitieri@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP: Veronica. Stokes@do.treas. gov
eisenstatl@DSMO.com, SMTP:eisenstatl@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
jJoel.newton@dynegy.com, SMTP: joel.newton@dynegy.com
ly ednicky@dynegy.com, SMTP:lynn. lednicky@dynegy.com
smara@enron.com, SMTP: smaraGenron.com
Linda Lee, SMTP: linda. lee®ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SMTPidan.poffenberger@ferc.ged.us.treas.gov
pmohler@hewm.com, SMTP:pmohler@hewn. com
richard.glick@hq.doe.gov, SMTP:richard.glick@hq.doe.gov
smutany@iepa.com, SMTP:smutany@iepa.com
karen.tomcala@pge-corp.com, SMTP: karen. tomcalalpge-corp.com
exgZz@pge.com, SMTP: cxg2@pge.com
DxH4@pge.com, SMTP: DxH4@pge.com
RMK4@pge.com, SMTP: RMK4@pge.com
joebob-perkins@reliantenergy.com, SMTP: joebob-perkins@reliantenergy.com
marvin _k ballard@reliantenergy.com, SMTP:marvin_k ballard@reliantenergy,com
KMcCrea@sablaw.com, SMTP:KMcCrea@sablaw.com
fieldejr@sce.com, SMTP: fieldejrasce.com
harold. ray@sce.com, SMTP:harold. ray@sce.com
dreed@sdge.com, SMTP:dreed@sdge.com
waakaria@sdge.com, SMTP:wsakaria@sdge.com
rahayes@neiworldwide.com, SMTP: rahayes@seiworldwide.com



rahayes@selworldwide.com, SMTP: rahayes@selworldwide.com

iworldwide.com, SMTP:s}capoma@seiworldwide.com
mtierney@sempra.com, SMTP: mtierney@sempra.com
sonnet.edmonds@southernenergy.com, SMTP: sonnet.edmonds@southernenergy.com
cread@steptoe.com, SMTP:cread@steptoe.com

temoreland@swidlaw.com, SMTP:temoreland@swidlaw. com
julie.greenisen@troutmansanders.com, SMTP: julie. greenisen@troutmansanders.com
alex.goldberg@williams.com, SMTP:alex.qoldberg@williams.com

((b)(6))

CC: Gaylen.Barbourédo.treas.gov, SMTP:Gaylen.Barbourédo.treas.gov

Subject: RE: California Energy Group e-mail
Body:
The requested address is: daniel.poffenberger@ferc. fed.us Thanks

>>> <Michelle.Greenefido.treas.gov> 01/12/01 08:45AM >>>
please use reply all to this message when sending items to the group (more
corrected addresses have been added).

thanks.
~~-7-Original Message----~
From: Greene, Michelle
Sent: Thursday, January 11, 2001 6:16 PM

To: Greene, Michelle; Stokes, Veronica; ‘alex.goldberg@williams.com';
‘Alex Makler'; ‘Charles C. Read'; ‘Claudia Greif’; ‘Curtis Wagner Jr.";
‘dan.poffenberger@ferc.ged.us'; Wilcox, David; ‘Debra Reed’; ‘Dede
Mapner'; "Harold B. Ray"; "James Macias’; ‘Jan Smutney Jones';
'Jason_s._seligman@ces.eop.gov'; ‘Joe Bob Perkina'; "Joel Newton’; ‘John
Fielder'; ‘julia.greenisenStroutmansanders.com'; ‘Karen A. Tomcala's
"Keith McCrea’; ‘Larry Eisenstat'; Sachs, Lee; ‘Linda Lee";

"lynn. lednicky@dynegy.com'; "Martha Altamar'; ‘Michael Tierney"; 'Paul
Mohler’; ‘Rich Glick'; "Reb Hayes"; ‘Ross Ain '; 'RHK@pge.com'; ‘Sean
Gallagher"; 'Sonnet Edmonds’; ‘Steve Vanleer'; ‘Steven Capomaccio'; ‘Sue
Mara’; ‘Terri Moreland'; ‘Tripp Ballard'; ‘Wayne Sakarias'; Soares, Chris;
Squitieri, Ray

Ce: Barbour, Gaylen

Subject: RE: California Energy Group - missing e-mail addresses

we still have incorrect e-mail address
julie greenisen (sp.?) (troutman sanders)

roy kugen (sp.?) (pgse)

jim macias (calpine)

dan poffenberger (sp.7?) (ferc)

if anyone knows their correct e-mails, please forward the document to them
and add the correct version of their e-mail to this group list. thanks.

for the following people:

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

From: Greene, Michelle

Sent: Thursday, January 11, 2001 8:07 PM

Tor Stokes, Veronicas ‘alex.goldberg@williams.com’;s ‘Alex
Makler'; "Charles C. Read‘; ‘Claudia Greif’; ‘Curtis Wagner Jr.‘;
'dan.poffenberger@ferc.ged.us'; Wilcox, David; ‘Debra Reed'; ‘Dede
Hapner'; ‘Harold B. Ray's ‘James Macias'; ‘Jan Smutney Jones’;
‘jason_s. —seligmantcea.eop. gov's ‘Joe Bob Perkins’: ‘Joel Newton’; ‘John
Fielder’; ‘julia. greenisen@troutmansanders.com'; ‘Karen A. Tomcala';
‘Keith McCrea’; ‘Larry Eisenstat'; Sachs, Lee; ‘Linda Lee’;
‘lynn. Lednicky@dynegy.com'; ‘Martha Altamar'; ‘Michael Tierney’; ‘Paul
Mohler’; "Rich Glick’; ‘Rob Hayes’; ‘Ross Ain '; ‘RHK@pge.com'; ‘Sean
Gallagher’; 'Sonnet Edmonds’; ‘Steve Vanleer'; "Steven Capomaccio'; ‘Sue
Mara’; "Terri Moreland'; ‘Tripp Ballard'; ‘Wayne Sakarias’

Ce: Barbour, Gaylen

Subject: RE: California Energy Group

more e-mail corrections included. the document is attached. we
will reconvene in the same conference room (6th floor, metropolitan

VVVV VV VV VV VV VV


From: Squitien, Ray

Sent: Thursday, February 21, 2002 12:19 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Curtis Wagner to alexm@calpine.com;

jmacias@calpine com; jason_s. cc eatomentooees 20p gov, shg@cpuc ca gov,
Chris. Soares@do treas.gav, David. Wilcox@do.treas.gov; Lee. Sachs@do.treas.gov;

This message was found to have a Critical Word in it. Message Sent to alexm@calpine.com;
jmacias@calpine.com; jason_s. seligmanfcea.eop.gov; shg@cpuc.ca.gov;
Chris.Soares@do.treas.gov; David.Wilcox@de.treas.gov; Lee. Sachs@do.treas.gov;
Michelle.Greene@do.treas.gov; Ray. Squitieri@do.treas.gov; Veronica.Stokes@do.treas.gov;
eisenstatl@DSMO.com; sbvanleer@duke-energy.com; joel. newton@dynegy. com;

lynn. lednicky@dynegy.com; smarafenron.com; Linda Lee; Martha Altamar;
dan.poffenberger$ferc.ged.us.treas.gov; pmohler@hewm.com; richard. glick@hq.doe.gov;
smutany@iepa.com; karen.tomcala§pge-corp.com; cxg2@pge.com; DxH4@pge.com; RMK4@pge. com;
joehob-perkins@reliantenergy.com; marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw.com
fieldejr@sce.com: harold,ray@sce.com; dreed@sdge.com: wsakariabsdge,com:
rahayes@seiworldwide.com; sjcapoma@seiworldwide.com; mtierney@sempra.com:
sonnet.edmonds@southernenergy.com; cread@steptoe.com: temoreland@swidlaw.cam;
julie.greenisen@troutmansanders.com: alex. goldberg@williams.com: (b)(6)] e
From Curtis Wagner, CC to Gaylen.Barbour@do.tr gov, Date 1/12 10:27 2M, Subject
of message RE: California Energy Group e-mail

Word(s) found: Enron

weno ‘Original Message-----

From: Curtis Wagner

Sent: 1/12/2001 2:10:27 PM

Received: 1/12/2001 2:08:33 EM

To: alexm§calpine.com, SMTP: alexm@calpine.com
jmacias@calpine.com, SMTP: jmacias@calpine.com
jason_s._seligmanfcea.cop.gov, SMTP:jason_s._seligman@cea.eop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov
Chris.Soares@do.treas.gov, SMIP:Chris.Soares@do.treas.gov
David.Wilcox@do.treas.gov, SMTP:David.Wilcox@do.treas.gov
Lee, Sachs@do.t gov, SMTP:Lee.Sachs@do.treas.gov
Michelle.Greene@do.treas.gov, SMTP:Michelle.Greene@do.treas.gov
Ray. Squitieri@de.treas.gov, SUTP:Ray.Squitieri@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP: Veronica. Stokes@do.treas. gov
eisenstatl@DSMO.com, SMTP:eisenstatl@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
jJoel.newton@dynegy.com, SMTP: joel.newton@dynegy.com
ly ednicky@dynegy.com, SMTP:lynn. lednicky@dynegy.com
smara@enron.com, SMTP: smaraGenron.com
Linda Lee, SMTP: linda. lee@®ferc. fed.us
Martha Altamar, SMTP:martha.altamar@ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SMTP:dan.poffenberger@ferc.ged.us,treas.gov
pmohler@hewm.com, SMTP:pmohler@hewm. com
richard.glick@hq.doe.gov, SMTP: richard.glick@hq.doe.gov
smutany@iepa.com, SMTP: smutany@iepa.com
karen.tomcala@pge-corp.com, SMTP:karen.tomcalalpge-corp.com
cxg2@pge.com, SMTP: cxg2@pge.com
DxH4@pge.com, SMTP:DxH4@pge.com
FMK4@pge.com, SMTP: RMK4@pge,. com
Joebob-perkins@reliantenergy.com, SMTP: joebob-perkins@reliantenergy.com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com
KMcCrea@Sablaw. com, SMTP:KMcCrea@sablaw.com
fieldejr@sce.com, SMTP: fieldejr@sce.com
harold, ray@sce.com, SMTP:harold.ray@sce.com
dreed@sdge.cam, SMTP: dreed@sdge.com
waakaria@sdge.com, SMTP: wsakaria@adge.com



BX


rahayes@selworldwide.com, SMTP: rahayes@selworldwide.com

iworldwide.com, SMTP:s}capoma@seiworldwide.com
mtierney@sempra.com, SMTP: mtierney@sempra.com
sonnet.edmonds@southernenergy.com, SMTP: sonnet.edmonds@southernenergy.com
cread@steptoe.com, SMTP:cread@steptoe.com

temoreland@swidlaw.com, SMTP:temoreland@swidlaw. com
julie.greenisen@troutmansanders.com, SMTP: julie. greenisen@troutmansanders.com
alex.goldberg@williams.com, SMTP:alex.qoldberg@williams.com

((b)(6))

CC: Gaylen.Barbourédo.treas.gov, SMTP:Gaylen.Barbourédo.treas.gov

Subject: RE: California Energy Group e-mail
Body:
The requested address is: daniel.poffenberger@ferc. fed.us Thanks

>>> <Michelle.Greenefido.treas.gov> 01/12/01 08:45AM >>>
please use reply all to this message when sending items to the group (more
corrected addresses have been added).

thanks.
~~-7-Original Message----~
From: Greene, Michelle
Sent: Thursday, January 11, 2001 6:16 PM

To: Greene, Michelle; Stokes, Veronica; ‘alex.goldberg@williams.com';
‘Alex Makler'; ‘Charles C. Read'; ‘Claudia Greif’; ‘Curtis Wagner Jr.";
‘dan.poffenberger@ferc.ged.us'; Wilcox, David; ‘Debra Reed’; ‘Dede
Mapner'; "Harold B. Ray"; "James Macias’; ‘Jan Smutney Jones';
'Jason_s._seligman@ces.eop.gov'; ‘Joe Bob Perkina'; "Joel Newton’; ‘John
Fielder'; ‘julia.greenisenStroutmansanders.com'; ‘Karen A. Tomcala's
"Keith McCrea’; ‘Larry Eisenstat'; Sachs, Lee; ‘Linda Lee";

"lynn. lednicky@dynegy.com'; "Martha Altamar'; ‘Michael Tierney"; 'Paul
Mohler’; ‘Rich Glick'; "Reb Hayes"; ‘Ross Ain '; 'RHK@pge.com'; ‘Sean
Gallagher"; 'Sonnet Edmonds’; ‘Steve Vanleer'; ‘Steven Capomaccio'; ‘Sue
Mara’; ‘Terri Moreland'; ‘Tripp Ballard'; ‘Wayne Sakarias'; Soares, Chris;
Squitieri, Ray

Ce: Barbour, Gaylen

Subject: RE: California Energy Group - missing e-mail addresses

we still have incorrect e-mail address
julie greenisen (sp.?) (troutman sanders)

roy kugen (sp.?) (pgse)

jim macias (calpine)

dan poffenberger (sp.7?) (ferc)

if anyone knows their correct e-mails, please forward the document to them
and add the correct version of their e-mail to this group list. thanks.

for the following people:

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

From: Greene, Michelle

Sent: Thursday, January 11, 2001 8:07 PM

Tor Stokes, Veronicas ‘alex.goldberg@williams.com’;s ‘Alex
Makler'; "Charles C. Read‘; ‘Claudia Greif’; ‘Curtis Wagner Jr.‘;
'dan.poffenberger@ferc.ged.us'; Wilcox, David; ‘Debra Reed'; ‘Dede
Hapner'; ‘Harold B. Ray's ‘James Macias'; ‘Jan Smutney Jones’;
‘jason_s. —seligmantcea.eop. gov's ‘Joe Bob Perkins’: ‘Joel Newton’; ‘John
Fielder’; ‘julia. greenisen@troutmansanders.com'; ‘Karen A. Tomcala';
‘Keith McCrea’; ‘Larry Eisenstat'; Sachs, Lee; ‘Linda Lee’;
‘lynn. Lednicky@dynegy.com'; ‘Martha Altamar'; ‘Michael Tierney’; ‘Paul
Mohler’; "Rich Glick’; ‘Rob Hayes’; ‘Ross Ain '; ‘RHK@pge.com'; ‘Sean
Gallagher’; 'Sonnet Edmonds’; ‘Steve Vanleer'; "Steven Capomaccio'; ‘Sue
Mara’; "Terri Moreland'; ‘Tripp Ballard'; ‘Wayne Sakarias’

Ce: Barbour, Gaylen

Subject: RE: California Energy Group

more e-mail corrections included. the document is attached. we
will reconvene in the same conference room (6th floor, metropolitan

VVVV VV VV VV VV VV


{(b)(5)]


((b)(5)}


rahayes@selworldwide.com, SMTP: rahayes@selworldwide.com

iworldwide.com, SMTP:s}capoma@seiworldwide.com
mtierney@sempra.com, SMTP: mtierney@sempra.com
sonnet.edmonds@southernenergy.com, SMTP: sonnet.edmonds@southernenergy.com
cread@steptoe.com, SMTP:cread@steptoe.com

temoreland@swidlaw.com, SMTP:temoreland@swidlaw. com
julia.greenisen@troutmansanders.com, SMTP: julia.greenisen@troutmansanders.com
aman aa aaa SMTP: alex. qoldberg@williams.com

CC: Gaylen.Barbourédo.treas.gov, SMTP:Gaylen.Barbourédo.treas.gov

Subject: RE: California Energy Group - missing e-mail addresses
Body:
Jim Macias’ email address is: jmacias§calpine.com

>>> <Michelle.Greenefido.treas.gov> 1/11/01 8:16:24 PM >>>

we still have incorrect e-mail addres: for the following people:

julie greenisen (sp.?) (troutman sanders)

roy kugen (sp.?}) (pqée)

jim macias (calpine)

dan poffenberger (sp.?) (ferc)

if anyone knows their correct e-mails, please forward the document to them
and add the correct version of their e-mail to this group list. thanks,

~Original Messa
From: Greene, Michelle

Sent: Thursday, January 11, 2001 6:07 PM

To: Stokes, Veronica; ‘alex.goldberg@williams.com'; ‘Alex Makler’;
"Charles C. Read’; "Claudia Greif"; ‘Curtis Wagner Jr.';
‘dan.poffenberger@ferc.ged.us'; Wilcox, David; ‘Debra Reed'; ‘Dede
Hapner'; ‘Harold B. Ray"; "James Macias'; ‘Jan Smutney Jones’;
‘jason_s._seligman@cea.ecop.gov'; ‘Joe Bob Perkins'; ‘Joel Nexton'; "John
Fielder’; 'julia.greenisen@troutmansanders.com's ‘Karen A. Tomcala's
‘Keith McCrea’; ‘Larry Eisenstat'; Sachs, Lee; ‘Linda Lee's

‘lynn. lednicky@dynegy.com's; ‘Martha Altamar’; ‘Michael Tierney’; ‘Paul
Mohler’; ‘Rich Glick’; ‘Reb Hayes’; ‘Ross Ain '3; ‘RHK@pge.com'; ‘Sean
Gallagher’; ‘Sonnet Edmonds'; ‘Steve Vanleer'; ‘Steven Capomaccio'; ‘Sue
Mara’; ‘Terri Moreland'; ‘Tripp Ballard'; ‘Wayne Sakarias’

Ce: Barbour, Gaylen

Subject: RE: California Energy Group

more e-mail corrections included. the document is attached. we will
reconvene in the same conference room (6th floor, metropolitan square) at
Sam tomorrow. any questions, please call lee sachs's office at 622-2245.
thanks.

<< File: Working Group report 4.doc >>

-----Original Measage-----

From: Stokes, Veronica

Sent: Thursday, January 11, 2001 4:56 PM

To: Alex Goldberg; Alex Makler; Charles C, Read; Claudia Greif;
Curtis Wagner Jr.: Dan Poffenberger;: David Wilcox; Debra Reed; Dede
Hapner; Harold 5. Ray; James Macias: Jan Smutney Jones; Jason Seliyman:
Joe Bob Perkins; Joel Newton; John Fielder; Julia Greenisen; Karen A.
Tomeala; Keith McCrea; Larry Eisenstat; Lee Sachs; Linda Lee; Lynn
Lednicky; Martha Altamar; Michael Tierney; Paul Mohler; Rich Glick; Rob
Hayes; Rosa Ain ; Rey Kuga; Sean Gallagher; Sonnet Edmonds; Steve Vanleer;
Steven Capomaccio; Sue Mara; Terri Moreland; Tripp Ballard; Wayne Sakarias
Ce: Greene, Michelle; Barbour, Gaylen

Subject: Fw: California Energy Group

This is a test to provide a comprehensive listing for those who
participated in the Treasury Department California Energy Group meetings
thia week. If you know of anyone else who should be added to this list,

VVVV VV VV VV VV


Wilcox, David
Thursday, February 21, 2002 12:47 AM
SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Keith McCrea to alexm@calpine.com;

This me

j-maci,
Chris.
Michel
eisens
lyan. 1
linda.

j.macias@calpine.com; iason_s_seligmanggoea, eop.gov, shg@cpuc. ca. gov;
Chris. Soares@do.treas gov; David. Wilcox¢@do.treas gov; Lee. Sachs@do.treas.gov;

ge was found to have a Critical Word in it. Message Sent to alexm@calpine.com;
as@calpine.com; jason s. seligman@cea.eop.gov; shg@cpuc.ca.gov;
Soares@do.treas.gov; David.Wilcox@do.treas.gov; Lee. Sachs@do.treas.gov;
le.Greene@do.treas.gov; Ray. Squitieri@do.treas.gov; Veronica.Stokes@do.treas.gov;
tatl@DSMO.com; sbvanleer@duke-energy.com; joel.newtonfdynegy. com;
ednicky@dynegy.com; smarafenron.com; curtis.wagner@ferc. fed.us;

lee@ferc.fed.us; martha.altamar@ferc.fed.us; dan.poffenberger@ferc.ged.us.treas.govs

prohler@hewn.com; richard.glick@#hq.doe.gov; smutany@iepa.com; karen.tomcala@pge-corp. com?
exg2@pge.com) DxH4@pge.com; RHKBpge.com; joebob-perkins@reliantenergy.com;
marvin_k_ballard@rceliantenergy.com: fieldejrésce.com: harold.ray@sce.coms dreed@sdge.com:

wsakar

ida@sdge.com; rahayes@seiworldwide.com: sjicapoma@seiworldwide.com;

mtierney@sempra.com: sonnet.edmonds@southernenergy.com: cread@steptoe.com;
Me julia.greenisen@troutmansanders.com; alex.goldberg@williams.com:

{()(6)

OrlSi2
Word(s

From:
Sentt

» From th McCrea, CC to Gaylen.Barbour@do.treas.gov, Date 1/12/2001
0 AM, Subject of message RE: California Energy Group - mis.

ng e-mail addre:

} found: Enron

‘Original Message-----
Keith McCrea
1/12/2001 8:15:20 AM

Received: 1/12/2001 8:13:33 AM

To:

alexm§calpine.com, SMTP: alexm@calpine.com

j.macias@calpine.com, SMTP:j.macias@calpine.com
jason_s._seligman@cea.cop.gov, SMTP:jason_s._seligman@cea.eop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov

Chris.Soares@do.treas.gov, SMIP:Chris.Soares@do.treas.gov
David.Wilcox@do.treas.gov, SMTP:David.Wilcox@do.treas.gov

Lee, Sachs@do.t gov, SMTP:Lee.Sachs@do.treas.gov
Michelle.Greene@do.treas.gov, SMTP:Michelle.Greene@do.treas.gov
Ray. Squitieri@de.treas.gov, SUTP:Ray.Squitieri@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP: Veronica. Stokes@do.treas. gov
eisenstatl@DSMO.com, SMTP:eisenstatl@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
jJoel.newton@dynegy.com, SMTP: joel.newton@dynegy.com

ly ednicky@dynegy.com, SMTP:lynn. lednicky@dynegy.com
smara@enron.com, SMTP: smara@enron.cem

curtis.wagner@ferc. fed.us, SMTP:curtis.wagner@ferc. fed.us
linda.lee@ferc.fed.us, SMTPilinda.lee@ferc. fed.us
martha.altamar@ferc.fed.us, SHTP:martha.altamar@ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SMTP:dan.poffenberger@ferc.ged.us.treas.gov
Ppmohler@hewm.com, SHTP:pmohler@hewm, com

richard.glick@hq.doe,gov, SMTP: richard.glick@hq.doe.gov
smutany@iepa.com, SMTP:smutany@iepa.com
karen.tomcala@pge-corp.com, SUTP:karen.tomcala@pge-corp.com
exg2@pge.com, SMTP: cxg2@pge.com

DxHd@pge.com, SMTP: DxH4@pge. com

RHK@pge.com, SMTP: RHK@pge.com

jJoebob-perkins@reliantenergy.com, SMTP: jJoebob-perkins@reliantenergy.com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com
fieldejr@sce.com, SMTP: fleldejr@sce.com

harold, ray@sce.com, SMTP:harold.ray@sce.com

dreed@sdge.cam, SMTP: dreed@sdge.com

waakaria@sdge.com, SMTP: wsakaria@adge.com



From: Wilcox, David

Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Susan.J Mara@enron.com to

david.wilcox@do.treas,gov; lee, sachs@Ddo.treas. gov on 1/10/2001 11:17:14 PM

TIMELINE AND
IPLEMENTATION.do-

This meseage was found to have a Critical Word in it. Message Sent to
david.wilcox@do.treas.gov; lee.sachs@do.treas.gov, From Susan.J.Mara@enron.com, CC to ,
Date 1/10/2001 11:17:14 PM, Subject of message Document From Today

Word(s) found: Enron

Original Message ae

From: Susan.J.Mara@enron.com

Sent: 1/10/2001 11:17:14 PM

Received: 1/10/2001 11:14:56 PM

To: david.wilcox@édo.treas.gov, SMTP:david.wilcox@do.treas.gov
lee, sachs@do.treas.gov, SMTP:lee.sachs@do.treas.gov

cc:

Subject: Document From Today

Body:

Wrong addresses. Duh-uh.

ooo Forwarded by Susan J Mara/NA/Enron on 01/10/2001 08:16 PM -----

Susan J Mara

To: david.wilcox@do.treas.com,
01/10/2001 lee. sachs@do,tres.com
08:01 &M oct alex. goldberg@williams.com,

karen.tomcala@pge-corp.com, pmohler@hewm.com,
dreed@sdge.com
Subject: Document From Today

Here it is.
(See attached file: TIMELINE AND IMPLEMENTATION.doc)

cooeee End of message body

Message auditing by MicroData CAMEO Recon


From: Wilcox, David

Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Sachs, Lee to Soares, Chris; "Martha Attamar’;

‘alexm@calpine.com’, jmacias@Qcalpine,com’, ‘jason_s._seligman@)cea,eop.gov',
'shg@cpuc.ca.gov'; Wilcox, David; Greene, Michelle; Squitieri, Ray; Stokes, Veronica; 'eise

This message was found to have a Critical Word in it. Message Sent to Soares, Chris:
‘Martha Altamac'; ‘alexm@calpine.com'; ‘jmacias@calpine.com'; '‘jason_s.
_seligmanficea.cop.gov'; ‘shg@cpuc.ca.gov'; Wilcox, David; Greene, Michelle; Squitieri,
Ray} Stokes, Veronica; ‘eisenstatl@DSMo.com'; ‘sbvanleer@duke-energy.com';

‘joel. newton@dynegy.com’; ‘lynn.lednicky@dynegy.com'; ‘smara®enron.com'; ‘Linda Lee's
‘dan. poffenberger@ferc.ged.us.treas.gov's ‘pmohler@hewm,com'; ‘richard, glick@hq.doe.gov';
‘smutany@iepa.com'; ‘karen.tomcala@pge-corp.com’; ‘cxg2@pge.com'; "DxH4@pge.com'; 'RMK4
@pge.com'; "joebob-perkins@reliantenergy.com'; ‘marvin_k_ballard@reliantenergy.com';
‘KMcCrea@sablaw.com'; ‘fieldejrasce.com'; "harold.ray@sce.com'; ‘dreed@sdge.com';
‘weakaria@sdge.com'; ' ayes@seiworldwide.com'; ‘s)jcapoma@seiworldwide.com';
‘mntierney@sempra.com onnet.edmonds@southernenergy.com'; ‘cread@steptoe.com';
‘temoreland@swidlaw.com'’; ' dulse. ONO ss Admins ?

‘glet gldberebriitians cont I} *[eX6)} "7 , Admins ‘ronald_minsk@opd.eop.gov’,
From Sachs, Lee, CC to Barbour, ens; "Curtis Wagner’, Date 1/12/2001 3:13:56 mm
Subject of message RE: California Energy Group e-mail

Word(s) found: Enron

From: Sachs, Lee

Sent: 1/12/2001 33:13:56 PM

Received: 1/12/2001 3:56 PM

To: Soares, Chris, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SOARESC
‘Martha Altamar', SMTP:martha.altamar@ferc. fed.us
*alexm@caipine.com', SMTP:alexm@calpine.com
*jmaclas@calpine.com', SMTP: jmactas@calpine.com
"jason _s. seligman@cea.eop.gov', SMTP: jason_s. seligman@cea.eop.gov
"shg@cpuc.ca.gov', SMTP: shg@cpuc.ca.gov
Wilcox, David, EX:/O-USTREASURY/OU*DO/CN*RECIPIENTS/CN#WILCOXD
Greene, Michelle, EX: /O-USTREASURY/OU*DO/CN*RECIPIENTS/CN-GREENEMI
Squitieri, Ray, EX: /O»USTREASURY/OU=DO/CN@RECIPIENTS/CN#SQUITIERIR
Stokes, Veronica, EX: /O=USTREASURY/OU=DO/CNeRECIPIENTS/CN=STOKESV
*eisenstatl@DSMO.com', SMTPreisenstat1@DSMO.com
*sbvanleerfduke-energy.com', SMTP: sbvanleer@duke-energy.com
"joel. newton@dynegy.com', SMTP: joel,newton@dynegy.com
"lynn. lednicky@dynegy.com', SHT?:lynn.lednicky@dynegy.com
‘smara@enron.com', SMTP: smara@enron.com
"Linda Lee’, SMTP: linda. lee@ferc, fed.us
*dan.poffenberger@ferc.ged.us.treas,gov',

SMTP: dan.poffenberger@ferc, ged.us.treas.gov
‘pmohler@hewm.com’, SMTP:pmohler@hewm.com
"richard.glick@hq.doe.gov', SHTP:richard.glick@hq.doe.gov
‘amutany@iepa.com’, SMTP: smutany@iepa.com
"karen. tomcala@pge-corp.com', SMTP:karen.tomcala@pge-corp.com
"exg2@pge.com’, SMTP:cxg28pge.com
"DxH48pge.com', SMTP:DxH4@pge.com
tROEK4 pge. com’, SMTP: PMK4Spge.com
*j0ebob-perkinsGreliantenergy.com', SMTP: joebob-perkins@reliantenergy.com
“marvin_k_ballard@reliantenergy.com', SMTP:marvin_k_ballard@reliantenergy.com
*KMcCrea@aablaw.com', SMTP: KMcCrea@sablaw.com
*fleldejr@sce,com’, SMTP: fieldejr@sce.com
*harold.ray@sce.com', SMTP:harold. ray@sce.com
"dreed@sdge.com’, SMTP:dreed@sdge.com
*wsakaria@sdge.com', SMTP:wsakaria@sdge.com
*rahayes@seiworldwide.com', SMTP: rahayes@seiworldwide.com



From: Wilcox, David

Sent: Thursday, February 21, 2002 12:52 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Wilcox, David to Wilcox, David; Sachs, Lee;

‘Soares, Chris; ‘Martha Altamar’, ‘alexm@Qcalpine,com’, jmacias@calpine,com’; ‘jason_s.
_Seligman@cea.cop. gov’; ‘shg@cpuc.ca_gov’; Greene, Michelle; Squitieri, Ray; Stokes,

This message was found to have a Critical Word in it. Message Sent to Wilcox, Davids
Sachs, Lee; Soares, Chris; ‘Martha Altamar';s ‘alexm@calpine.com': ‘jmacias@calpine.com’;
‘jason_s._seligmanfcea.ecp.gov'; 'shg@cpuc.ca.gov'; Greene, Michelle; Squitieri, Ray:
Stokes, Veronica; ‘eisenstatl@psMo,com'; 'sbvanleer@duke-energy.com’;

‘joel. newton@dynegy.com’; 'lynn.lednicky@dynegy.com'; ‘smara@enron.com'; ‘Linda Lee's
‘dan. poffenberger@ferc.ged.gov's ‘pmohler@hewm.com’; ‘richard.glick@hq.doe.gov's
‘smutany@iepa.com'; ‘karen, tomcala@pge-corp.com'; ‘cxg2@pge.com'; ‘DxH4@pge.com'; 'RMK4
@pge.com'; "joebob-perkins@reliantenergy.com'; ‘marvin_k_ballard@reliantenergy.com';
‘KMcCrea@sablaw.com'; ‘fieldejrasce.com'; "harold.ray@sce.com'; ‘dreed@sdge.com';
‘weakaria@sdge.com'; ' ayes@seiworldwide.com'; ‘s)jcapoma@seiworldwide.com';
‘mntierney@sempra.com onnet.edmonds@southernenergy.com'; ‘cread@steptoe.com';
‘temoreland@swidlaw. com’; "guise. greenisen@troutmansanders.com’;
‘alex.goldberg@williams.com'; {eon 6)) +, Admin? 'ronald_minsk@opd.eop.gov's
{dJmonnel 1 @duke-energy. cam’ fed wer@duke-energy.com'; "bbailey@duke-energy.com';
‘*njdeschane@duke-energy.com'; ‘wfhall@duke-energy.com'; ‘sbvanleer@duke-energy.com'; ‘rmk4
@pge.com'; ‘ddr0@pge.com'; 'rjp2@pge.com’; 'starkle@sce.com'; 'john.gammie@williams.com';
‘reharris@seiworldwide.com'; ‘smfuller@seiworldwide.com'; 'dlmiller@seiworldwide.com';
‘jwholden@seiworldwide.com'; ‘richard.shapiroBenron.com'; ‘robert.badeer@fenron.com', From
Wilcox, David, CC to Barbour, Gaylens ‘Curtis Wagner’, Date 1/12/2001 5:30:32 PM, Subject
of message RE: California Energy Group e-mail TEST MESSAGE

Word(s) found: Enron

Original Message-----

From: Wilcox, David

Sent: 1/12/2001 5:30:32 PM

Received: 1/12/2001 5:30:32 PM

To: Wilcox, David, EX: /O=USTREASURY/OU#DO/CN*RECIPIENTS/CN#WILCOXD
Sachs, Lee, EX: /O*USTREASURY/OU*DO/CN#RECIPIENTS/CN#SachsL

Soares, Chris, EX:/O-USTREASURY/OU*DO/CN=RECIPIENTS/CH*SOARESC
"Martha Altamar’, SMTP:martha.altamar@ferc. fed.us
"alexmécalpine.com', SMTP:alexm@calpine.com

*4macias@calpine.com', SMTP: 4jmacias@calpine.com
"jason_s._seligman@cea.eop.gov', SHTP:jason_s._seligman@cea.cop.gov
“shg@cpuc.ca.gov', SMTP: shg@cpuc.ca.gov

Greene, Michelle, EX:/O=USTREASURY/OU=D0/CN=RECI PIENTS/CN=GREENEMI
Squitieri, Ray, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SQUITIERIR
Stokes, Veronica, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CH=STOKESV
‘eisenstatl@DSMO.com'’, SMTP:eisenstatl@DSMO. com
*sbvanleer@duke-energy.com’, SMTP: sbvanleer@duke-energy. com

"joel. newton@dynegy.com', SMTP: joel.newton@dynegy. com

"lynn. lednicky@dynegy.com', SMTP: lynn. lednicky@dynegy.com
‘smara@enron.com', SMTP:smara@enron.com

‘Linda Lee’, SHTP:linda, lee@ferc. fed.us

"dan. poffenberger@ferc.ged.gov', SMTPidan.poffenberger@ferc. ged. gov
*pmohler@hewm.com', SMTP:pmohler@hewm. com
*richard.glick@hq.doe.gov', SMTP:rrichard.glick@hq.doe.gov
*smutany@iepa.com', SMTP: smutany#iepa.com
"karen.tomcala@pge-corp.com', SMTP:karen.tomcala@pge-corp.com
“oxg2@pge.com', SMTP:cxq28pge.com

"DxH48pge.com’, SMTP:DxH4@pge.com

"RMK48pge.com', SMTP: FMK48pge.com
*j0ebob-perkins@reliantenergy.com', SMTP: joebob-perkins@reliantenergy.com
‘marvin_k_ballard@reliantenergy.com', SMTP:marvin_k_ballard@reliantenergy.com
‘KMcCrea@sablaw,com', SMTP: KMcCrea@sablaw.com



From: Wilcox, David

Sent: Thursday, February 21, 2002 12:51 AM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Wilcox, Mme
‘Martha Altamar, ‘alexm@calpine.com’, ‘macias@calpine.com’,
sistamangcen son gov “shg@cpuc.ca gov’; Greene, Michelle; Squier. Ray; Stokes,

This message was found to have a Critical Word in it. Message Sent to Sachs, Lee; Soares,
Chris; ‘Martha Altamar'; ‘alexm@calpine.com'; ‘jmacias@calpine.com'; ‘jason _s.
_Seligman@cea.eop.gov'; ‘shg8cpuc.ca.gov’; Greene, Michelle; Squitieri, Ray; Stokes,
Veronica; ‘eisenstatl@DSMO.com'; 'sbvanleer@duke-energy.com'; '4oel.newton@dynegy.com';
‘Lynn. lednicky@dynegy.com'; ‘smara@enron.com'; "Linda Lee’;

‘dan. poffenberger@ferc.ged.us.treas.gov'; "pmohlerfhewm.com'; ‘richard. glick@hq.doe.gow';
‘smutany@iepa.com'; ‘karen.tomcala@pge-corp.com'; ‘cxg2@pge.com'; "DxHd@pge.com’; 'RMK4
@pge.com'; "joebob-perkins@reliantenergy.com'; ‘marvin_k t_ballard@reliantenergy.com' 3
‘KMcCrea@sablaw.com's ‘fieldejrfsce.com'; "harold. ray@sce.com'; "dreed@sdge.com':
‘weakariafsdge.com'; ahayes@seiworldwide.com'; ‘sjcapoma@seiworldwide.com';
‘mtierneyésempra.com'; ‘sonnet.edmonds@southernenergy.com'; 'cread@steptoe.com':
‘temoreland@swidlaw.com'; 'julie.greenisen@troutmansanders.com';
‘alex.goldberg@williams,com'; * ib ‘; , Admin? ‘ronald_minsk@opd.ecp.gov';
*jmdonnell@duke rgy.com'; ‘hj, wer@duke-energy.com'; ‘bbailey@duke-energy.com':
‘nideschanefdu: rgy-com'; ‘wihall@duk egy-com'; ‘sbvanleer@duke-energy.com'; ‘rmk4
@pge.com'; ‘ddrO@pge.com'; ‘rip2@pge.com’; ‘starkle@sce.com'; ‘john. gammie@williams. 1 3
‘sonnet. edmonds@southernenergy.com'; ‘rahayes@seiworlde.com'; 'sjcapoma@seiworlde.com';
‘reharris@seiworlde.com'’; ‘smfuller@seiworlde.com’; ‘dlmiller#seiworld.com';
‘jwholden@seiworlde.com’; 'julie.greenisen@troutmansanders.com';

‘richard. shapiro@enron.com'; ‘robert.badeer@enron.com'; Wilcox, David, From Wilcox, David,
CC te Barbour, Gaylen; "Curtis Wagner’, Date 1/12/2001 5:18:31 PM, Subject of message RE:
California Energy Group e-mail TEST MESSAGE

Word(s) found: Enron

From: Wilcox, David

Sent: 1/12/2001 5:18:31 FM

Received: 1/12/2001 5:18:31 FM

To: Sa Lee, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=SachsL
Soares, Chris, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SOARESC
"Martha Altamar’, SMTP:martha.altamar@ferc, fed,us
*alexm@calpine.com', SMTP:alexm@calpine.com
*jmacias@calpine.com', SMTP: }macias@calpine.com
*jason_s. seligman@cea.eop.gov', SMTP: jason _s. seligmanécea.eop.gov
"shg@cpuc.ca.gov', SMTP: shg@cpuc.ca.gov
Greene, Michelle, EX: /O#USTREASURY/OU#DO/CN*RECI PIENTS/CN*GREENEMI
Squitieri, Ray, EX: /O-USTREASURY/OU=DO/CN*RECIPIENTS/CN*SQUITIERIR
Stokes, Veronica, EX: /O=USTREASURY/OU#DO/CN*=RECIPIENTS/CN@STOKESV
“eisenstatl@DSH0.com', SMTPreisenstat1@D3MO.com
“sbvanleer@duke-energy.com', SMTP: sbvanleer@duke-energy.com
*Joel.newton@dynegy.com', SMTP: joel ,newton@dynegy.com
"lynn. lednicky@dynegy.com', SMTP: lynn. lednickyédynegy.com
“smara@enron.com', SMTP: smara@enron,com
"Linda Lee', SHTP: linda, lee@ferc, fed.us
*dan.poffenberger@ferc.ged.us.treas.gov',

SMTP: dan.poffenberger@ferc. ged.us,treas.gov
‘pmohler@hewm.com', SMI'P:pmohler@hewm.com
*richard.glick@hq.doe.gov', SMTP:richard.glick@hq.doe.gov
*smutany@iepa.com', SMTP: smutany@iepa.com
*karen.tomcala@pge~corp.com', SHTP:karen. tomcala@pge-corp.com
"exg2@pge.com’, SMTP: cxg28pge.com
"Dx4@pge.com’, SMTP: DxHd@pge.com
"RMK4@pge.com’, SMTP: RMK4@pge.com



From: Wilcox, David

Sent: Thursday, February 21, 2002 12:48 AM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Reed, Debra L. to David Wilcox@do.treas.gov’
on 1/12/2001 5:56:38 PM

This message waa found to have a Critical Word in it. Message Sent to
‘David.Wilcox@do.treas.gov', From Reed, Debra L., CC to , Date 1/12/2001 5:56:38 PM,
Subject of message RE: California Energy Group e-mail TEST MESSAGE

Word(s} found: Enron

From: Reed, Debra 1.

Sent: 1/12/2001 5:56:38 PM

Received: 1/12/2001 5:54:15 BM

To: *David.Wilcox@do.treas.gov’, SMTP:David.Wilcox@do.tre

ce:

Subject: FE: California Energy Group e-mail TEST MESSAGE

Body:

Are you just testing sending attachments, or are these for review?

This is her assistant, Martha and I just need some clarification while she's traveling
please. Thanks.

onene Original Message-----

From: David.Wilcox@do.treas.gov [mailto:David.Wilcox@do.treas.gov]

Sent: Priday, January 12, 2001 2:51 PM

To: David.Wilcox@do.treas.gov; Lee.Sachs@do.treas.gov; Chris.Soares@do,treas.gov;
martha.altamar@ferc.fed.us; alexm@calpine.com; jmacias@calpine.com; jason_s.
_seligmanfcea.cop.govs shg@cpuc.ca.govs Michelle.Greene@do.tro. gov:

Ray. Squitieri@do.treas.gov: Veronica.Stokes@do.treas.gov: eisenstatl@DSMO.com:
sbvanleer@duke-energy.com; joel,newton@dynegy.com; lynn. lednicky@dynegy.com:
smara@enron.com; linda. lee@ferc,fed.us; dan.poffenberger@ferc.ged.gov.treas.gov;
pmohler@hewm.coms richard.glick@hq.doe.gov; smutany@iepa.com: karen.tomcala@pge-corp.coms
exg2@pge.com; DxHi@pge.com: RMK4@pge.com; joebob-perkins@reliantenergy. com;
marvin_k_ballard@reliantenergy.com; KMcC: ablaw,com; fieldejrésce.com;

harold. ray@sce.com; dreed@sdge.com: w ria@sdge.com; rahayes@seiworldwide.com;
ajcapoma@seiworldwide.com; mtierney@sempra.com; sonnet.edmonds@southernenergy. com:
cread@steptoe.com; temoreland@swidlaw.com; jJulie.greenisen@troutmansanders,com;
alex. goldbergtwi litans- com; {(D)(6)] ; ADMINGdo. treas.gov;
ronald_minsk@opd.eop.gov; jmdonneli@duke-energy.com; hjpodewer@duke-energy. cam;
bbailey@duke-energy.com; njdeaschane@duke-energy.com; wfhall@duke-energy. com;
sbvanleer@duke-energy.coms rmk4@pge.com; ddr0@pge.com; rjp2@pge.com; starckle@sce.com;
john. gammie@williams.com; reharris@seiworldwide.com; smfuller@seiworldwide.com;
dlmiller@seiworldwide.com; jwholden@seiworldwide.com; richard.shapiro@enron.com;
robert .badeer@enron.com

Ce: Gaylen.Barbour@do.treas.govs curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail TEST MESSAGE

oe End of message body

Message auditing by MicroData CAMEO Recon


*sjcapoma@seiworldwide.com', SMTP:sjcapoma@seiworldwide.com
‘mtierney@sempra.com', SMTP:mtierney@sempra.com
*sonnet.edmonds@southernenergy.com’, SMTP:sonnet.edmonds@southernenergy.com
*cread@steptce.com', SMTP: cread@steptoe.com

‘temoreland@swidlaw.com', SMTP:temoreland@swidlaw.com

“julie, greenisen@troutmansanders.com', SMTP: julie.greenisen@troutmansanders.com
CYC) en SMTP:alex.goldberg@williams.com

'b)(6)
i h, EX: /O*USTREASURY/OU=DO/CN*RECIPIENTS/CN*Groupwise/cn=Treasury.DOPO.ADMIN
‘ronald _minsk@opd.eop.gov', SMTP: ronald_minsk@opd.eop.gov

ce: Barbour, Gaylen, EX: /O#USTREASURY/OU*DO/CN#RECIPIENTS/CN*BARBOURG
"Curtis Wagner’, SMTP:curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail
Body:
adding ron minsk. ronald _minsk@opd.cop.gov

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

From: Soares, Chris

Sent: Friday, January 12, 2001 1:34 PM

To: "Martha Altamar'; alexm@calpine.com; jmacias@calpine.com: jason_s.
_seligmanfcea.eop.gov; shg@cpuc.ca.gov; Soares, Chris; Wilcox, David; Sachs, Lee; Greene,
Michelle; Squitierl, Ray; Stok Veronica; eisenstatl@DSMO.com; sbvanleer@duke-
energy.com; joel.newton@dynegy.com; lynn. lednicky@dynegy.com; smara@enron.com; Linda Lee;
dan.poffenberger@ferc.ged.us.treas.gov; pmohler@hewm.com; richard. glick@hq.doe.gov;
smutany@iepa.com; karen.tomcalafpge-corp.com; cxg2@pge.com; DxHi@pge.com; RMK4@pge.com;
joebob~perkins@reliantenergy.com; marvin _k ballard@reliantenergy.com; KMcCrea@sablaw.com;
fieldejr@sce.com; harold. ray@ace.com; dreed@adge.com: waakaria@adge.com;
rahayes@seiworldwide.com; sjcapoma@seiworldwide.com; mtierney@sempra. com;
sonnet.edmonds@southernenergy.com; cread§steptoe.com; temoreland@swidlaw.com;
julie.greenis: routmansanders.com; alex.goldberg@williams.com; [(b)(6)]

Ce: Barbour, Gaylen; Curtis Wagner

Subject: RE: California Energy Group e-mail

Latest version of Long-Term Contracts Group report,

~ End of message body

Message auditing by MicroData CAMEO Recon


NEW YORK (Dow Jones)--Grandstanding by negotiators in Washington, D.C., on the
California electricity crisis indicates the sides are too far apart for an
agreement this weekend, but the actual numbers involved ra: the question: How
can they not get this done?

California Gov, Gray Davis, on behalf of the utilities that contribute so
generously te his campaign funds, is demanding three-year supply contracts at
5.5 cents a kilowatt-hour. "We've got to stop the hemorrhaging of utility cash,
but I can't possibly have another rate increase or any state bailout,” the
governor is saying.

According to sources, U.S. Treasury Secretary Lawrence Summers and the
generating company chief executives looked at Davis with a “What are you
smoking?" expression several times Tuesday night. The generators’ stance is that
the market price is 8.5 cents/kwh and only if the contracts run for eight years.

But that's all just negotiating position. The customers of Edison
International's (EIX) Southern California Edison currently pay the company 7.6
cents/kwh just for energy. That price includes last week's one-cent raise, but
not other charges such as transmission and distribution.

Edison generates half the power it needs at a cost cf about 3 cents/kwh. So,
purchasing the other half at 5.5 cents/kwh would do a lot more than stop the
hemorrhaging. If the cost of purchased power were 5.5 cents, Ediso! average
cost would be 4.3 cents, for which they are getting paid 7.6 cents. That 3.3
cents/kwh profit on the 83 billion kwh Edison sells a year comes to a whopping
$2.7 billion annually. End of credit problem.

PGGE Corp.'s (PCG) situation is more difficult. Their customers pay less for
electricity, and PG&E only generates a third of its own power, but they have
lower generating costs than Edison. Bottom line: if PG&E could buy supplies at
5.5 cents/kwh, they would be left with 1.9 cents/kwh profit.

Unfortunately for the utilities, California independent generators, such as
Reliant Energy (REI), NRG Energy (NRG), Dynegy (DYN), Southern Energy (SOE) and
Duke Energy (DUK), can't get their prices down to 5.5 cents/kwh in California
given the current market price of natural gas.

But they don't need anything close to 8,5 cents for eight years. The forward
price for wholesale power in California for the balance of this year is 18
cents/kwh for the on-peak hours, which is what the utilities mostly need to buy.
The on-peak price drops to 11 cents/kwh for a three-year contract because new
generators and new gas supplies are expected to come on line. For an eight-year
contract, the price dropa to about 7.3 cents/kwh.

At 7.3 cents, PG&E would be heading to bankruptcy court. But the generators
will get to sell PG&E some off-peak power, too, which brings the average price
down a little further. If the governor guarantees really quick licensing for a
couple of new power plants in northern California, the price comes down a lot,

What's more, to save deregulation in the U.S, the generators are willing to
cut to the bene. The stocks of Dynegy, Enron Corp. (ENE), etc., have high
price-to-earnings ratios because their earnings are expected to continue strong
growth under electric deregulation. They are the emerging masters of a
deregulated universe, but if deregulation were to throw PGS6E and Edison into
bankruptcy court, there wouldn't be any deregulated electric universe to master.

As one electricity trader put it: "They have got to get a deal done. If they
don't get 'The California Energy Crisis’ off of CNBC every 30 minutes, I'm going
to be out of a job.”

Generators' stock prices have been getting hammered since the first of the
year due to several factors, such as profit-taking after a great 2000, according


MEMORANDUM FOR THE SECRETARY
From: David Wilcox

Subject: Conversation with Steven Kean (Executive Vice President, ENRON Regarding
the California Electricity Market

You have been asked to speak by phone with Mr. Kean, who is concerned about recent turmoil
in the California electricity market. Mr. Kean may raise the following issues

[(b(5)]


> please call at (202) 622-2245.

>

>

> << Message: California Energy Group >>

The information contained in this message from
Sutherland Asbill & Brennan LLP and any attachments
is confidential and intended only for the named
recipient(s). If you have received this message
in error, you are prohibited from copying,
distributing or using the information. Please
contact the sender immediately by return email

and delete the original message,

7777 End of message body
Message auditing by MicreData CAMEO Recon


Mara’; ‘Terri Moreland'; ‘Tripp Ballard’; ‘Wayne Sakarias’
CerBarbour, Gaylen
Subject:RE: California Energy Group

more e-mail corrections included. the document is attached. we

will reconvene in the same conference room (6th floor, metropolitan
square) at 9am tomorrow. any questions, please call lee sachs's office at
622-2245. thanks.

<< File: Working Group report 4.doc >>

vVvVVV¥VV VY

o---+ Original Message-----

From: Stokes, Veronica

Sent:Thursday, January 11, 2001 4:56 PM

TotAlex Goldberg; Alex Makler; Charles C. Read; Claudia

Greif; Curtis Wagner Jr.; Dan Poffenberger; David Wilcox; Debra Reed; Dede
Mapner; Harold 8. Ray: James Macias; Jan Smutney Jones; Jason Seliymany
Joe Bob Perkinss Joel Newton; John Fielder; Julia Greenisen? Karen A.
Tomcala: Keith McCrea; Larry Eisenstat: Lee Sachs; Linda Lee; Lynn
Lednicky; Martha Altamar; Michael Tierney; Paul Mohler; Rich Glick; Fob
Hayes; Ross Ain + Roy Kugas Sean Gallagher; Sonnet Edmonds; Steve Vanleer;
Steven Capomaccio; Sue Mara: Terri Moreland; Tripp Ballard; Wayne Sakarias
Ce:Greene, Michelle; Barbour, Gaylen

Subject:FW: California Energy Group

This is a test to provide a comprehensive listing for those

who participated in the Treasury Department California Energy Group
meetings this week. If you know of anyone else who should be added to
thia list, please call at (202) 622-2245.

VVV¥Y¥YVV¥¥ YY VV

<< Message: California Energy Group >>

------ End of message body
Message auditing by MicroData CAMEO Recon


[(b)(5)]


to Credit Suisse First Boston utility analyst Paul Patterson. Duke's stock has
fallen to $66 from $85 since bec. 29, for example.

Prices of generator stocks have come down hard, in part, because a California
catastrophe would derail deregulation in many states and the forecasts for
generators’ earnings growth would be questioned, according to Solomon Smith
Barney analyst Ray Niles.

That's the finances, The physical reality is that the western U.S. probably
won't have enough electricity to meet demand for the rest of this year. Starting
in February, if a deal is done, California utilities won't be the last in line
to get their power, and the threat of blackouts will be spread out across the
West.

Other than that, where's the rub? Under deregulation, consumers were supposed
to get market rates in 2002. Based on the current forward market and the
utilities’ cost of retained generators, 7 cents/kwh for the rest of this year is
age deal, For 2002, it's fair, but for 2003-2008, it's terrible. The current
purchase price for those years is about 5 cents. With utility-owned generation
at 3 cents, consumers will be paying 7 cents/kwh when they should be paying 4
cents/kwh,

And the 2.4 cents/kwh competition transition charge (CTC) that was supposed to
end in 2002 has to be extended several more years. The CTC is “non-bypassable,”
which means if you leave the local monopoly for an alternative supplier, you
still have te send a couple of cents/kwh to the old utility.

Ratepayer groups got about 40 people to storm the PG&E corporate headquarters
this week over the one cent rate increase. Another rate increase would cause
riots and ballot initiatives, and cost Davis his job.

But can consumer groups get people out in the streets over a deal that's great
now, but overcharges them starting in 2003? I doubt it.

Businesses such as Intel Corp. (INTC) will know they are getting the short end
of the stick financially and that power in the western U.S. is still unreliable,
so they will decide to build new factories in other states. That's how you
bypass non-bypassable charges, It will be bad for the state's economic growth,
but California needs to stop adding electricity demand.

The stars are aligned for a deal very soon: eight days left before the
executive branch of the U.S. government changes from one that wants to help
Davis to one that wants to hurt him; about the same amount of time is left
before the utilities run out of cash; forward power prices have come down a lot
in the past 30 days, but could easily start to rise again; merchant power
company stock prices have been punished for two weeks, and their executives
don't want to kill the golden goose.

How can they not get this done?

-By Mack Golden, Dow Jones Newswires; 201-938-4604; mark.golden@dowjones.com

(END) Dow Jones Newswires 12-01-01

1800GMT
(AP-DJ-01~12-01 1800GMT)
?TICKER: CPN DUK DYN EIX ENE INTC NRG PCG REI 50 SOE
SUBJECT: EVTL SEMI DI1 DI4 DI2 CA GA MN NC TX COMM
Copyright (c) 2001 Dow Jones and Company, Inc.
Received by NewsEDGE/LAN: 1/12/01 12:55 PM
aesee= End of message body

Message auditing by MicroData CAMEO Recon


rahayes@selworldwide.com, SMTP: rahayes@selworldwide.com

iworldwide.com, SMTP:s}capoma@seiworldwide.com
mtierney@sempra.com, SMTP: mtierney@sempra.com
sonnet.edmonds@southernenergy.com, SMTP: sonnet.edmonds@southernenergy.com
cread@steptoe.com, SMTP:cread@steptoe.com

temoreland@swidlaw.com, SMTP:temoreland@swidlaw. com
julia.greenisen@troutmansanders.com, SMTP: julia.greenisen@troutmansanders.com
alex.goldberg@williams.com, SMTP:alex.qoldberg@williams.com

((b)(6))

CC: Gaylen.Barbourédo.treas.gov, SMTP:Gaylen.Barbourédo.treas.gov

Subject: RE: California Energy Group - missing e-mail addresses
Body:
Jim Macias’ email address is: jmacias§calpine.com

>>> <Michelle.Greenefido.treas.gov> 1/11/01 8:16:24 PM >>>

we still have incorrect e-mail addres: for the following people:

julie greenisen (sp.?) (troutman sanders)

roy kugen (sp.?}) (pqée)

jim macias (calpine)

dan poffenberger (sp.?) (ferc)

if anyone knows their correct e-mails, please forward the document to them
and add the correct version of their e-mail to this group list. thanks,

~Original Messa
From: Greene, Michelle

Sent: Thursday, January 11, 2001 6:07 PM

To: Stokes, Veronica; ‘alex.goldberg@williams.com'; ‘Alex Makler’;
"Charles C. Read’; "Claudia Greif"; ‘Curtis Wagner Jr.';
‘dan.poffenberger@ferc.ged.us'; Wilcox, David; ‘Debra Reed'; ‘Dede
Hapner'; ‘Harold B. Ray"; "James Macias'; ‘Jan Smutney Jones’;
‘jason_s._seligman@cea.ecop.gov'; ‘Joe Bob Perkins'; ‘Joel Nexton'; "John
Fielder’; 'julia.greenisen@troutmansanders.com's ‘Karen A. Tomcala's
‘Keith McCrea’; ‘Larry Eisenstat'; Sachs, Lee; ‘Linda Lee's

‘lynn. lednicky@dynegy.com's; ‘Martha Altamar’; ‘Michael Tierney’; ‘Paul
Mohler’; ‘Rich Glick’; ‘Reb Hayes’; ‘Ross Ain '3; ‘RHK@pge.com'; ‘Sean
Gallagher’; ‘Sonnet Edmonds'; ‘Steve Vanleer'; ‘Steven Capomaccio'; ‘Sue
Mara’; ‘Terri Moreland'; ‘Tripp Ballard'; ‘Wayne Sakarias’

Ce: Barbour, Gaylen

Subject: RE: California Energy Group

more e-mail corrections included. the document is attached. we will
reconvene in the same conference room (6th floor, metropolitan square) at
Sam tomorrow. any questions, please call lee sachs's office at 622-2245.
thanks.

<< File: Working Group report 4.doc >>

-----Original Measage-----

From: Stokes, Veronica

Sent: Thursday, January 11, 2001 4:56 PM

To: Alex Goldberg; Alex Makler; Charles C, Read; Claudia Greif;
Curtis Wagner Jr.: Dan Poffenberger;: David Wilcox; Debra Reed; Dede
Hapner; Harold 5. Ray; James Macias: Jan Smutney Jones; Jason Seliyman:
Joe Bob Perkins; Joel Newton; John Fielder; Julia Greenisen; Karen A.
Tomeala; Keith McCrea; Larry Eisenstat; Lee Sachs; Linda Lee; Lynn
Lednicky; Martha Altamar; Michael Tierney; Paul Mohler; Rich Glick; Rob
Hayes; Rosa Ain ; Rey Kuga; Sean Gallagher; Sonnet Edmonds; Steve Vanleer;
Steven Capomaccio; Sue Mara; Terri Moreland; Tripp Ballard; Wayne Sakarias
Ce: Greene, Michelle; Barbour, Gaylen

Subject: Fw: California Energy Group

This is a test to provide a comprehensive listing for those who
participated in the Treasury Department California Energy Group meetings
thia week. If you know of anyone else who should be added to this list,

VVVV VV VV VV VV


From: Wilcox, David
Sent: Thursday, February 21, 2002 12:44 AM
To: SearchCameo
CAMEO Recon found a word: Enron sent by Chryst, Nancy to Summers, Larry on 12/15/2000
9:16:07 AM
sbrief.doc
This message was found to have a Critical Word in it. Me saage Sent to

Summers, Larry, From Chryst, Nancy, CC to Sandberg, Sheryl; Moe, Martin; Wilcox, David;
Vandivier, David; Flanagan, Rosemary; Squitieri, Ray; Cononi, Rachel; Hendershot, Karen;
Flynn, Timothy, Date 12/15/2000 9:16:07 AM, Subject of message Conversation with Steven
Kean (Executive Vice President, ENRON Regarding the California Electricity Market)

Word(s) found: Enron

Seatabeten ‘Original Message-----

From: Chryst, Nancy

Sent: 12/15/2000 9:16:07 AM

Received: 12/15/2000 9:16:07 AM

To: Summera, Larry, EX: /O*USTREASURY/OU=0O0/CN*RECIPIENTS/CN=SUMMERSL

ce: Sandberg, Sheryl, EX: /O-USTREASURY/OU+DO/CN=RECIPIENTS/CN=DOM3. DOPOS. SandbergS
Moe, Martin, EX:/O=USTREASURY/OU*DO/CN*RECIPIENTS/CN*DOM3.DOPOS.MoeM
Wilcox, David, EX:/O=USTREASURY/OU#DO/CN*RECIPIENTS/CN#WILCOXD
Vandivier, David, EX: /O-USTREASURY/OU=DO/CN=RECIPIENTS/CN=VandivierD
Flanagan, Rosemary, EX: /O=USTREASURY/OU=D0/CN=RECI PIENTS/CN=FLANAGANR
Squitieri, Ray, £X:/O#USTREASURY/OU=D0/CN@RECIPIENTS/CNeSQUITIERIR
Cononi, Rachel, EX:/O=USTREASURY/OU#DO/CN=RECI PIENTS/CN=CONONIR
Hendershot, Karen, EX: /O=VSTREASURY/OU=D0/CN=RECI PIENTS/CN=HENDERSHOTK
Flynn, Timothy, £X:/O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=FlynnT

Subject: Conversation with Steven Kean [Executive Vice President, ENRON Regarding the
California Electricity Market)
Body:

The Attached memo when forward to EXEC SEC today.

cooeee End of message body

Message auditing by MicroData CAMEO Recon


December 15, 2000

MEMORANDUM FOR THE SECRETARY
From: David Wilcox

Subject: Conversation with Steven Kean (Executive Vice President, ENRON Regarding
the California Electricity Market

You have been asked to speak by phone with Mr. Kean, who is concerned about recent turmoil
in the California electricity market. Mr. Kean may raise the following issues:

((b)(5)]


Friday.

The resumption of high-level talks among top-ranking officials representing
the Clinton administration, California, and utilities and power suppliers will
take place at U.S. Department of Energy headquarters at 3:30 p.m. EST.

California Gov, Gray Davis and other key state regulators and lawmakers are to
participate via a video conferencing link,

The pivotal negotiating session comes after two working groups involving
lower-level officials have met since Wednesday in an effort to flesh out the
details of a broad settlement package the principals discussed late Tuesday
during a seven-hour meeting at the Treasury Department.

Knowledgeable sources described Treasury Secretary Lawrence Summers as taking
an active role in attempting to forge an agreement during Tuesday's talks, which
also featured Energy Secretary Bill Richardson, White House economic adviser
Gene Sperling and Federal Energy Regulatory Commission Chairman James Hoecker,

Richardson, who is traveling this weekend in an effort to lobby oil-producing
nations against a pending production cut, will not be attending Saturday's
session.

The working group meetings will wrap up sometime Friday, the Treasury
Department said.

The two groups have separately addressed the two primary features of the
proposed settlement, which involve moving the state's financially ailing
utilities out of volatile spot power markets and into fixed-price forward
contracts while power producers agree to "forbearance" on the huge debt owed by
the utilities

The forbearance and contracts working groups have been meeting separately, and
were to convene a joint session late Friday to compare notes before reporting
back to the principal negotiators who will cut any final deal.

Those familiar with the talks have expressed a mix of pessimism and cptimism
that a final deal can be struck, given what they described as unrealistic
bargaining demands by Gov. Davis.

He has firmly rejected retail rate increases and resisted demands for the
atate to guarantee the nearly $12 billion utilities have paid over the last
eight months for wholesale power but been unable to pass along under
state-mandated frozen retail rates.

Further complicating the talks have been demands by Davia that the proposed
long-term power contracts be at rates far below the production costs of
electricity generators.

But lately the pessimism has been tempered by signals that Davis may be
persuaded to relent Saturday in his opposition to a state-backed securitization
of the utilities’ undercollections.

“Let's see their plan, and then wo'll talk about that," Steve Maviglio, the
governor's spokesman, said late Thursday.

Davis reportedly has been under increasing pressure from Wall Street and
Clinton administration officials to reconsider his opposition to securitization.

Without a state credit guarantee, a work-out plan can't be struck, the
utilities will enter bankruptcy and the state's power grid will collapse inte
blackouts, sources familiar with the talks warn.

The affected utilities are Southern California Edison Co., a unit of Edison
International (EIX], and Pacific Gas & Electric Co., a unit of PG&E Corp. (PCG).


December 15, 2000

To: David Wilcox
From Ray Squitieri
Subject: Paul Krugman's Claims about the California Power Market

[(b)(5)]


California Summer Outlook

{(b)(5)]


((b)(5)]


to Credit Suisse First Boston utility analyst Paul Patterson. Duke's stock has
fallen to $66 from $85 since bec. 29, for example.

Prices of generator stocks have come down hard, in part, because a California
catastrophe would derail deregulation in many states and the forecasts for
generators’ earnings growth would be questioned, according to Solomon Smith
Barney analyst Ray Niles.

That's the finances, The physical reality is that the western U.S. probably
won't have enough electricity to meet demand for the rest of this year. Starting
in February, if a deal is done, California utilities won't be the last in line
to get their power, and the threat of blackouts will be spread out across the
West.

Other than that, where's the rub? Under deregulation, consumers were supposed
to get market rates in 2002. Based on the current forward market and the
utilities’ cost of retained generators, 7 cents/kwh for the rest of this year is
age deal, For 2002, it's fair, but for 2003-2008, it's terrible. The current
purchase price for those years is about 5 cents. With utility-owned generation
at 3 cents, consumers will be paying 7 cents/kwh when they should be paying 4
cents/kwh,

And the 2.4 cents/kwh competition transition charge (CTC) that was supposed to
end in 2002 has to be extended several more years. The CTC is “non-bypassable,”
which means if you leave the local monopoly for an alternative supplier, you
still have te send a couple of cents/kwh to the old utility.

Ratepayer groups got about 40 people to storm the PG&E corporate headquarters
this week over the one cent rate increase. Another rate increase would cause
riots and ballot initiatives, and cost Davis his job.

But can consumer groups get people out in the streets over a deal that's great
now, but overcharges them starting in 2003? I doubt it.

Businesses such as Intel Corp. (INTC) will know they are getting the short end
of the stick financially and that power in the western U.S. is still unreliable,
so they will decide to build new factories in other states. That's how you
bypass non-bypassable charges, It will be bad for the state's economic growth,
but California needs to stop adding electricity demand.

The stars are aligned for a deal very soon: eight days left before the
executive branch of the U.S. government changes from one that wants to help
Davis to one that wants to hurt him; about the same amount of time is left
before the utilities run out of cash; forward power prices have come down a lot
in the past 30 days, but could easily start to rise again; merchant power
company stock prices have been punished for two weeks, and their executives
don't want to kill the golden goose.

How can they not get this done?

-By Mack Golden, Dow Jones Newswires; 201-938-4604; mark.golden@dowjones.com

(END) Dow Jones Newswires 12-01-01

1800GMT
(AP-DJ-01~12-01 1800GMT)
?TICKER: CPN DUK DYN EIX ENE INTC NRG PCG REI 50 SOE
SUBJECT: EVTL SEMI DI1 DI4 DI2 CA GA MN NC TX COMM
Copyright (c) 2001 Dow Jones and Company, Inc.
Received by NewsEDGE/LAN: 1/12/01 12:55 PM
aesee= End of message body

Message auditing by MicroData CAMEO Recon


((b)(S)]


{((o(5)]


((b)(5)}

[(b5)]


From: Wilcox, David

Sent: Thursday, February 21, 2002 12:47 AM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Soares, Chris to "Martha Altamar’,
alexm@calpine.com; jmacias@calpine com; jason_s._seligman@cea.eop.gov;
shg@cpuc.ca.gov; Soares, Chris; Wilcox, David; Sachs, Lee; Greene, Michelle; Squitieri,
Ray, Stokes, Veronica

[OUTSIDE SCOPE}

This message was found to have a Critical Word in it. Message Sent to "Martha
Altamar'; alexm@calpine.com; jmacias@calpine.com; jason_s._seligmanfcea.eop.gov;
shg@cpuc.ca.gov; Soares, Chris; Wilcox, David; Sachs, Lee; Greene, Michelle; Squitieri,
Ray? Stokes, Veronica; eisenstatl@DSMO.com; sbvanleer@duke-energy. com;
joel .newton@dynegy.com; lynn.lednickyfdynegy.coms smarafenron.com; Linda Lee;
dan.poffenberger@ferc.ged.us.treas.govs pmohler@hewm.com; richarcd.glick@hq.doe.gov:
smutany@iepa.com: karen.tomcalafpge-corp.com: cxg2@pge.com: OxH4@pge.com: RMK4@pge,. com:
joebob-perkins@reliantenergy.com; marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw. com;
fieldejrésce.com; harold.ray@sce.com; dreed@sdge.com: wsakaria@sdge.com:
rahayes@seiworldwide.com; sjcapoma@selworldwide.com; mtierney@sempra.com:
sonnet.edmonds@southernenergy.com; cread&steptoe.com; ines coms((O
julie. greenisen@troutmansanders.com; alex. goldberg@williams.com;((b 6)
From Soares, Chris, CC to Barbour, Gaylen; Curtis Wagner, Date 1/12/2001 1:33:52 PM,
Subject of message RE: California Energy Group e-mail

Word(s) found: Enron

From: Soares, Chris

Sent: 1/12/2001 1:33:52 2M

Received: 1/12/2001 1:33:52 PM

To: "Martha Altamar', SMTP:martha.altamar@ferc. fed.us
alexmécalpine.com, SMTP: alexm@calpine.com
jmacias@calpine.com, SMTP: jmacias@calpine.com
Jason_s._seligman&cea.eop.gov, SMTP: jason_s._seligman@cea.cop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov
Soares, Chris, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SOARESC
Wilcox, David, + /O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=WILCOXD
Sachs, Lee, EX: /O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=SachsL
Greene, Michelle, EX: /O*USTREASURY/OU*DO/CN«#RECIPIENTS/CN*GREENEMI
Squitieri, Ray, EX: /O-USTREASURY/OU+DO/CN=RECIPIENTS/CN=SQUITIERIR
Stokes, Veronica, EX: /O-USTREASURY/OU*DO0/CN#RECIPIENTS/CN#STOKESV
eisenstatl@DSMO.com, SMTP:eisenstat1@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
joel.newton@dynegy.com, SMTP: joel.newton@dynegy. com
lynn.lednicky@dynegy.com, SMTP:lynn.lednicky@dynegy.cam
smara@enron.com, SMTP: smaraGenron.com
Linda Lee, SMTP: linda. lee@ferc. fed.us
dan.poffenberger@ferc.ged,us.t +gov, SMTP:dan.poffenberger@ferc.ged.us.treas.gov
pmohler@hewm.com, SMTP:pmohler@hewm, com
richard.glick@hq.doe,.gov, SMTP: richard.glick@hq.doe.gov
smutany@iepa.com, SMTP: smutany@iepa.com
karen. tomcala@pge-corp.com, SMTP: karen. tomcalalpge-corp.com
exgz@pge.com, SMTP: cxgZ2@pge.com
DxH4@pge.com, SMTP:DxH4@pge.com
FMK4@pge.com, SMTP: RMK4@pge.com
Joebob-perkins@reliantenergy.com, SMTP: joebob-perkins@reliantenergy. com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com

law.com, SMT'P:KMcCrea@sablaw.com

fieldejr@ace.com, SMTP: fieldejr@nce.com



From: Wilcox, David

Sent: Thursday, February 21, 2002 12:48 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Eisenstat, Larry to

‘David Wilcox@do.treas.gov' on 1/12/2001 5:34:48 PM

This message waa found to have a Critical Word in it. Message Sent to
‘David.Wilcox@do.treas.gov', From Eisenstat, Larry, CC to , Date 1/12/2001 5:34:48 PM,
Subject of message RE: California Energy Group e-mail TEST MESSAGE

Word(s} found: Enron

From: Eisenstat, Larry

Sent: 1/12/2001 5:34:48 PM

Received: 1/12/2001 5:39:13 BM

To: *David.Wilcox@do.treas.gov’, SMTP:David.Wilcox@do.tre

ce:
Subject: FE: California Energy Group e-mail TEST MESSAGE

add JoAnn Russell? jprussell@duke-energy.com
<mailto: jprussel l@duke-energy. comat> Thanks a lot.

onooe Original Message~--~-~

From: David.Wilcox@do.treas.gov [mailto:David.Wilcox@do.treas.gov]

Sent: Friday, January 12, 2001 5:31 PM

To: David. Wilcox@do.treas.gov; Lee. Sachs@do.treas.gov;
Chris.Soares@do.treas.gov; martha.altamar@ferc.fed.us; alexmfcalpine.com;
jmacias@calpine.com; jason_s._seligmanfcea.eop.gov; shg@cpuc.ca.gov;
Michelle.Greene@do.treas.gov; Ray.Squitieri@do.treas.gov;
Veronica.Stokes@do.treas.govs eisenstatl@DSMO.com:
sbvanleer@duke-energy.com: joel.newton@dynegy.com: lynn. lednicky@dynegy.com:
smara@enron.com: linda. lee@ferc, fed.us:
dan.poffenberger@ferc,ged.gov.treas.gov; pmohler@hewn. com
richard.glick@hq.doe.gov: smutany@iepa.com: karen. tomcala@pge-corp.com:
exg2@pge.com; DxHi@pge.com: RMK4@pge.com; joebob-perkins@reliantenergy. com;
marvin_k_ballard@reliantenergy.com; KMcC: ablaw,com; fieldejrésce.com;
harold. ray@sce.com; dreed@sdge.com: w ria@sdge.com:
rahayes@seiworldwide.com; sjcapoma@seiworldwide.com; mtierney@sempra.com;
sonnet. edmonds@southernenergy.com; cread@steptoe.com;
temoreland@swidlaw.com; pve SO 2 AmeaNedo.¢

alex. goldberg@williams.com; [| $ ADMIN@do.treas.gov;
ronald_minsk@opd.eap.gov; A. DYE) 1@duke-energy.com;
hjpodewer@duke-energy.com; bbailey@duke-energy. coms
njdeschane@duke-energy.com; wfhall@duke-energy.com;
sbvanleer@duke-energy.com; rmk4Qpge.com; ddr0@pge.com; rip2@pge.com:
starkle@sce.com; john.gammie@williams.comy reharris@seiworldwide.com;
asmfuller@seiworldwide.coms dlmiller@seiworldwide.coms
jwholden@seiworldwide.com; richard.shapiro@enron. com:

robert .badeer@enron.com

Ce: Gaylen.Barbour@do.treas.gov; curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail TEST MESSAGE

“This e-mail
message and any attached files are confidential and are intended solely for the use of the
addressee(s) named above, This communication may contain material protected by attorney-
client, work product, or other privileges. If you are not the intended recipient or person


From: Squitier, Ray

Sent: Thursday, February 21, 2002 12:18 AM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Cononi, Rachel to Squitieri, Ray on 4/3/2001
9:54:58 AM

This message was found to have a Critical Word in it. Message Sent to Squitieri, Ray,
From Cononi, Rachel, CC to , Date 4/3/2001 9:54:58 AM, Subject of message memo to
Secretary on follow-up questions

Word(s) found: Enron

eS IE Original Message-----

From: Cononi, Rachel

Sent: 4/3/2001 9:54:58 AM

Received: 4/3/2001 9:54:59 AM

To: Squitieri, Ray, £X:/O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SQUITIERIR

ce:
Subject: memo to Secretary on follow-up questions
Body:
Ray, a
NEP ONeill 3 follow
up Q 0330...
I found a couple of t ypos on the second page of energy derivatives memo. I

hadn't seen this one before. {(b)(5)]

oobi End of message body

Message auditing by MicroData CAMEO Recon


harold. ray@sce.com, SMTP:harold. ray@sce.com
dreed@sdge.com, SHTP:dreed@sdge.com
waakari ige.com, SMTP:wsakaria@sdge.com
rahayes' worldwide.com, SMTP: rahaye:
s)capomalseiworldwide.com, SMTP:sjcapoma@seiworldwide.com
mtierney@sempra,com, SMTP:mtierney@sempra.com

sonnet. edmonds@southernenergy.com, SMTP: sonnet .edmonds@southernenergy. com
cread@steptoe.com, SMTP; cread@steptoe.com

temoreland@swidlaw.com, SMTP:temoreland@swidlaw.com
Julie.greenisen@troutmansanders.com, SMTP: julie. greenisen@troutmansanders.com
alex.goldberg@williams.com, SMTP:alex.goldberg@williams.com

((b)(6)]

ce: Barbour, Gaylen, EX:/O=USTREASURY/OU#DO/CN#RECI PIENTS/CN*=BARSOURG
Curtis Wagner, SMTP:curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail
Body:

Latest version of Long-Term Contracts Group report.
ctatatehated End of message body

Message auditing by MicroData CAMEO Recon


“This is a tribute to those who have guided Mexico's economy for the past six
years and it is a tribute to the confidence that people have in Mexico's new
president and his economic policies,” the Treasury secretary said,

The Mexican economy is on target this year for growth of around 7* in gross
domestic product and looks certain to achieve an inflation rate below the
official 10% year-end target.

Summers met with Fox and many of his ecenomic advisers, including Finance
Minister Francisco Gil Diaz, central bank Governor Guillero Ortiz, economic
adviser Eduardo Sojo, and foreign minister Jorge Castaneda.

"All of my interlocutors had the energy, that sense of anticipation that comes
following a democratic transition, and they were very focused on the challenges
of fiscal reform, of structural reform, of other policies that are essential to
the maintenance of inclusive growth in Mexico," Summers said.

He said the government officials showed an enthusiasm to reinforce relations
and promote "global integration" with a “human face.”

~By Damian Milverton, Dow Jones Newswires: 202-862-9272;
damian.milverton@dowjones.com

=DJ Wall St Uncomfortable With Non-Street Treasury Secretary

Dow Jones Capital Markets Report via Dow Jones

By Steven Vames
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Wall Street is casting a leery eye at some of the
decidedly non-Wall Street cast of characters who are being considered for
President-elect George W. Bush's Treasury Secretary.

At issue is whether several of the potential appointees being talked about
would be a good fit for the job, given that their backgrounds are not directly
related to financial markets.

One major factor will be the fate of the “strong dollar policy,” a major
hallmark of the recent rein of former Secretary Robert Rubin and current
Secretary Lawrence Summers.

In recent years, Wall Street has applauded that policy, noting that it
maintained ove: confidence in U.S. markets, staved off inflation, and helped
keep interest rates in check.

But some on Wall Street wonder whether a Secretary with more of a corporate or
industrial background would be as committed to the strong dollar, given that the
currency'’s strength in recent years has been a drag on profits for U.S.
corporations that operate overseas.

Additionally, they're anxious about how well a market-outsider can manage
day-to-day scrutiny from the markets, which will pick through the Secretary's
every word te find hidden meanings and changes in sentiment.

"The reason Wall Street prefers to see its own type of people is that they
understand fundamentals of how words and sentiment mix,” said James Glassman,
senior economist at Chase Securities in New York.

"A guy who has had no exposure to the trading world can think "what's the big
deal’ about saying something off the top of his head without realizing the
market is listening carefully for small subtleties," he added.


December 15, 2000

MEMORANDUM FOR THE SECRETARY
From: David Wilcox

Subject: Conversation with Steven Kean (Executive Vice President, ENRON Regarding
the California Electricity Market

You have been asked to speak by phone with Mr. Kean, who is concerned about recent turmoil
in the California electricity market. Mr. Kean may raise the following issues:

((b)(5)]


From: Squitieri, Ray
Sent: Thursday, February 21, 2002 12:19 AM
To: SearchCameo
CAMEO Recon found a word: Enron sent by Chryst, Nancy to Summers, Larry on 12/15/2000
9:16:07 AM
sbrief.doc
This message was found to have a Critical Word in it. Me saage Sent to

Summers, Larry, From Chryst, Nancy, CC to Sandberg, Sheryl; Moe, Martin; Wilcox, David;
Vandivier, David; Flanagan, Rosemary; Squitieri, Ray; Cononi, Rachel; Hendershot, Karen;
Flynn, Timothy, Date 12/15/2000 9:16:07 AM, Subject of message Conversation with Steven
Kean (Executive Vice President, ENRON Regarding the California Electricity Market)

Word(s) found: Enron

Seatabeten ‘Original Message-----

From: Chryst, Nancy

Sent: 12/15/2000 9:16:07 AM

Received: 12/15/2000 9:16:07 AM

To: Summera, Larry, EX: /O*USTREASURY/OU=0O0/CN*RECIPIENTS/CN=SUMMERSL

ce: Sandberg, Sheryl, EX: /O-USTREASURY/OU+DO/CN=RECIPIENTS/CN=DOM3. DOPOS. SandbergS
Moe, Martin, EX:/O=USTREASURY/OU*DO/CN*RECIPIENTS/CN*DOM3.DOPOS.MoeM
Wilcox, David, EX:/O=USTREASURY/OU#DO/CN*RECIPIENTS/CN#WILCOXD
Vandivier, David, EX: /O-USTREASURY/OU=DO/CN=RECIPIENTS/CN=VandivierD
Flanagan, Rosemary, EX: /O=USTREASURY/OU=D0/CN=RECI PIENTS/CN=FLANAGANR
Squitieri, Ray, £X:/O#USTREASURY/OU=D0/CN@RECIPIENTS/CNeSQUITIERIR
Cononi, Rachel, EX:/O=USTREASURY/OU#DO/CN=RECI PIENTS/CN=CONONIR
Hendershot, Karen, EX: /O=VSTREASURY/OU=D0/CN=RECI PIENTS/CN=HENDERSHOTK
Flynn, Timothy, £X:/O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=FlynnT

Subject: Conversation with Steven Kean [Executive Vice President, ENRON Regarding the
California Electricity Market)
Body:

The Attached memo when forward to EXEC SEC today.

cooeee End of message body

Message auditing by MicroData CAMEO Recon


sjcapoma@seiworldwide.com, SMTP:sjcapoma@selworldwide.com
mtierney@sempra.com, SMTP:mtierneyésempra.com
sonnet.edmonds@southernenergy.com, SMTP: sonnet.edmonds@southernenergy.com
cread@steptoe.com, SMTP:cread@steptce.com

temoreland@swidlaw.com, SMTP:temoreland@swidlaw. com

julie. greenisen@troutmansanders.com, SMTP: julie, greenisenttroutmansanders,com
alex.goldberg@williams.com, SUTP:alex.goldberg@williams.com

((b)(6))
CC: Gaylen.Barbourédo.treas.gov, SMTP:Gaylen.Barbourddo.treas.gov
Curtis Wagner, SMTP:curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail

Body:

Please add Chief Judge Wagner's name to the mailing list. His E-mail address is:
curtis.wagner@ferc.fed.us Thanks.

Martha

>>> Linda Lee 01/12/01 08:55AM >>>
The requested address is: daniel.poffenberger@ferc, fed.us Thanks

>>> < Michelle.Greene@do.treas.gov > 01/12/01 08:45AM >>>

please use reply all to this age when sending items to the group (more
corrected addresses have been added).
thanks.

eceea| Original Message-~--~

From: Greene, Michelle

Sent:Thursday, January 11, 2001 9:16 PM

TorGreene, Michelle; Stokes, Veronica; ' alex.goldberg@williams.com" ;
‘Alex Makler'; ‘Charles C. Read'; ‘Claudia Greif’; ‘Curtis Wagner Jr.'"3

' dan.poffenberger@ferc.ged.us' ; Wilcox, David; ‘Debra Re "Dede
Mapner'; ‘Harold B. Ray's ‘James Macias'; ‘Jan Smutney Jones’;

* jason_s. seligman@cea.eop.gov' ; ‘Joe Bob Perkins'; ‘Joel Newton’: ‘John
Fielder’; ' julia.greenisen@troutmansanders.com’ ; ‘Karen A. Tomcala';
‘Keith McCrea’; ‘Larry Eisenstat'; Sachs, Lee; ‘Linda Lee’;

' lynn. lednicky@dynegy.com’ ; ‘Martha Altamar'; ‘Michael Tierney’; ‘Paul
Mohler’; ‘Rich Glick'; ‘Rob Hayes’; ‘Ross Ain '; ' RHK@pge.com’ ; ‘Sean
Gallagher’; ‘Sonnet Edmonds'; ‘Steve Vanleer'; ‘Steven Capomaccio'; ‘Sue
Mara’; ‘Terri Moreland'; ‘Tripp Ballard'; ‘Wayne Sakarias'; Soares, Chris;
Squitieri, Ray

Ce:Barbour, Gaylen

Subject:RE: California Energy Group - missing e-mail addresses

we still have incorrect e-mail addresses for the following people:

julie greenisen (sp.?) (troutman sanders)

roy kugen (sp.?) (pgse)

jim macias (calpine)

dan poffenberger (sp.?) (ferc)

if anyone knows their correct e-mails, please forward the document to them
and add the correct version of their e-mail to this group list. thanks.

--Original Message--
From: Greene, Michelle
Sent:Thurscay, January 11, 2001 8:07 PM

To:Stokes, Veronica; ' alex.goldberg@williams.com' ; ‘Alex

Makler'; ‘Charles C. Read’; ‘Claudia Greif’; ‘Curtis Wagner Jr.';

‘ dan, poffenberger@ferc.ged.us' ; Wilcox, David; ‘Debra Reed’; ‘Dede
Hapner'; ‘Harold B. Ray’; ‘James Macias'; ‘Jan Smutney Jones’;

' jason _s. seligman@cea.eop.gov’ ; "Joe Bob Perkins'; ‘Joel Newton’; ‘John
Fielder’; 7 julia.greenisen@troutmansanders.com' ; ‘Karen A. Tomeala';
"Meith McCrea’; ‘Larry Eisenstat'; Sachs, Lee; ‘Linda Lee";

* lynn.lednicky@dynegy.com" ; ‘Martha Altamac’; "Michael Tierney’; "Paul
Mohler"; "Rich Glick'; "Rob Hayes"; ‘Ross Ain '; ' RHK@pge.com’ ; ‘Sean
Gallagher"; ‘Sonnet Edmonds'; ‘Steve Vanleer'; ‘Steven Capomaccio'; ‘Sue

VV VV VV VV VV VV


From: Wilcox, David

Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Hapner, Dede to

‘Michelle, Greene @2do treas. gov’; Veronica Stokes@do treas, gov,
alex.goldberg@williams.com; alexm@calpine.com; cread@steptoe.com; Greif, Claudia;
curtis, wagner@fercfed.us; dan,poffenberger@ferc. ged.us

This message was found to have a Critical Word in it. Message Sent to

‘Michelle,Greenefdo.treas.gov'; Veronica. Stokes@do,treas.gov; alex.goldberg@williams.com;

alexm@calpine.com; Sread@steptoe. com; Greif, Claudia; curtis.wagner@ferc. fed.us;

dan.poffenberger@ferc.ged.us.treas.gov; David.Wilcox@do.treas.gov; dreed@SDGE. com;

harold.ray@sce.com; j.macias8calpine.com; smutany@iepa.coms; jason_s. seligman@cea.eop.govs

joebob-perkins@reliantenergy.com; joel.newtonfdynegy.com; fieldejr@sce.com;

julia.greeni: @troutmansanders.com; Tomcala, Karen (Corp); KMcCrea@sablaw,.com;

eisenstatl@DSMO.com; Lee.Sachs@do.treas.gov; linda. lee@ferc. fed.us;

lynn. lednicky@dynegy.com: martha.altamar@ferc.fed.us; mtierney@sempra.com;

(oer richard.glickihq.doe.gov; rahayes@seiworldwide.com:

{(b)¢ 8)] 7 REK@pge,com; shg@cpuc.ca.govs sonnet.edmonds@southernenergy.com;
vanieer@duke-energy.com: sjcapomafseiworldwide.com: smara@enron.com:

temoreland@swidlaw.com; marvin_k_ballard@reliantenergy.com: wsakaria@SDGE. com:

Chris.Soares@do.t. Jove Ray. Squitieri@do.treas.gov, From Hapner, Dede, CC to

Gaylen.Barbour@do.treas.gov, Date 1/12/2001 7:02:31 AM, Subject of message RE: California

Energy Group ~- missing e-mail addresses

Word(s) found: Enron

nosen Original Message-----
From: Hapner, Dede
Sent: 1/12/2001 7:02:31 AM
Received: 1/12/2001 7:02:37 AM
To: *"Michelle.Greene@do.treas.gov', SMI'P:Michelle.Greene@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP:Veronica.Stokes@do.treas.gov
alex.goldberg@williams.com, SHTP:alex.goldberg@williams.com
alexm@calpine.com, SMTP:alexm@écalpine.com
c dasteptoe.com, SMTP:cread@steptce.com
Greif, Claudia, SMTP:CxG28pge.com
curtis.wagner@ferc. fed.us, SMTP:curtis.wagner@ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SHTP:dan.poffenberger@ferc.ged.us,treas.gov
David.Wilcox@do,treas.gov, SMIP:David.Wilcox@do,treas.gov
dreed@SDGE.caom, SHTP:dreed@SDGE. com
harold. ray@ace.com, SMTP:harold. ray@sce.com
j.macias@calpine.com, SMTP: }.macias@calpine.com
smutany@iepa.com, SMTP:smutany@iepa.com
jason_s._seligman@cea.eop.gov, SMTP n_#. seligman@cea.eop.qov
joebob-perkina@reliantenergy.com, SMTP: joebob-perkina@reliantenergy.com
joel.newton@dynegy.com, SMTP: joel.newton@dynegy. com
fieldejr@sce.com, SMTP: fieldejrasce.com
julia.greenisen@troutmansanders.com, SMTP: julia.greenisen@troutmansanders.com
Tomcala, Karen (Corp), SMTPrkaren.tomcala@pge-corp.com
KMcCrea@sablaw.com, SMTP: KMcCr jablaw.com
nstati@DSMo.com, SMTP:eisenstatl@DSMO.com
Lee, Sachs@do.treas.gov, SMTP: Lee.Sachs@do.treas.gov
linda. lee@ferc. fed.us, SMTP:linda. lee@ferc, fed.us
lynn. lednicky@dynegy.com, SMTP: lynn. lednicky@dynegy.com
martha, altamar@ferc.fed,us, SMTP:martha,altamar@ferc, fed.us
mtierney@sempra.com, SMTP:mtierney@sempra.com
pmohler@hewm.com, SHTP:pmohler@he
richard.glick@hq.doe.gov, SMTP: richard.glick@hq.doe.gov
{ion metas acs SMTP; rahayes@selworldwide,com
ON on, SMTP: RHK@pge, com



From: Squitien, Ray

Sent: Thursday, February 21, 2002 12:19 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Soares, Chris to "Martha Altamar’,

alexm@calpine.com; jmacias@calpine com; jason_s._seligman@cea.eop.gov;
shg@cpuc.ca.gov; Soares, Chris; Wilcox, David; Sachs, Lee; Greene, Michelle; Squitieri,
Ray; Stokes, Veronica

[OUTSIDE SCOPE]

This message was found to have a Critical Word in it. Message Sent to "Martha
Altamar'; alexm@calpine.com; jmacias@calpine.com; jason_s. ligmanfcea.ecop.govs
shg@cpuc.ca.gov; Soares, Chris; Wilcox, David; Sachs, Lee; Greene, Michelle; Squitieri,
Ray? Stokes, Veronica; eisenstatl@DSMO.com; sbvanleer@duke-energy. com;
joel .newton@dynegy.com; lynn.lednicky@dynegy.com; smara@enron.com; Linda Lee;
dan.poffenberger@ferc.ged.us.treas.govs pmohler@hewm.com; richarcd.glick@hq.doe.gov:
smutany@iepa.com: karen.tomcalafpge-corp.com: cxg2@pge.com: OxH4@pge.com: RMK4@pge,com:
joebob-perkins@reliantenergy.com; marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw. com;
fieldejrésce.com; harold.ray@sce.com; dreed@sdge.com: wsakaria@sdge.com:
rahayes@seiworldwide.com; sjcapoma@selworldwide.com; mtierney@sempra.com:
sonnet.edmonds@southernenergy.com; cread@steptoe.com; temoreland@swidlaw.com;
julie. greenisen@troutmansanders. com; alex, goldbeng@viiisans- coms 1(b\6))
From Soares, Chris, CC to Barbour, Gaylen; Curtis Wagner, Date 1/12/ 1 1:33:52 PM,
Subject of message RE: California Energy Group e-mail

Word(s) found: Enron

From: Soares, Chris

Sent: 1/12/2001 1:33:52 2M

Received: 1/12/2001 1:33:52 PM

To: "Martha Altamar', SMTP:martha.altamar@ferc. fed.us
alexmécalpine.com, SMTP: alexm@calpine.com

lpine.com, SMTP: jmacias@calpine.com

|_3._seligman&cea.eop.gov, SMTP:jason_s._seligman@cea.ecop.gov

shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov

Soares, Chris, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SOARESC

Wilcox, David, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=WILCOXD

Sachs, Lee, EX: /O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=SachsL

Greene, Michelle, EX: /O*USTREASURY/OU*DO/CN«#RECIPIENTS/CN*GREENEMI

Squitieri, Ray, EX: /O-USTREASURY/OU+DO/CN=RECIPIENTS/CN=SQUITIERIR

Stokes, Veronica, EX: /O-USTREASURY/OU*DO0/CN#RECIPIENTS/CN#STOKESV

eisenstatl@DSMO.com, SMTP:eisenstat1@DSMO.com

sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com

joel.newton@dynegy.com, SMTP: joel.newton@dynegy. com

lynn.lednicky@dynegy.com, SMTP:lynn.lednicky@dynegy.cam

smara@enron.com, SMTP: smaraGenron.com

Linda Lee, SMTP: linda. lee@ferc. fed.us

dan.poffenberger@ferc.ged,us.t gov, SMTP:dan.poffenberger@ferc.ged.us,treas.gov

pmohler@hewm.com, SMTP:pmohler@hewm, com

richard.glick@hq.doe,.gov, SMTP: richard.glick@hq.doe.gov

smutany@iepa.com, SMTP: smutany@iepa.com

karen. tomcala@pge-corp.com, SMTP: karen. tomcalalpge-corp.com

exgz@pge.com, SMTP: cxgZ2@pge.com

DxH4@pge.com, SMTP:DxH4@pge.com

FMK4@pge.com, SMTP: RMK4@pge.com

Joebob-perkins@reliantenergy.com, SMTP: joebob-perkins@reliantenergy. com

marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com

KMcCrea@sablaw.com, SMTP:KMcCrea@sablaw.com

fieldejr@ace.com, SMTP: fieldejr@nce.com



NEW YORK (Dow Jones)--Grandstanding by negotiators in Washington, D.C., on the
California electricity crisis indicates the sides are too far apart for an
agreement this weekend, but the actual numbers involved ra: the question: How
can they not get this done?

California Gov, Gray Davis, on behalf of the utilities that contribute so
generously te his campaign funds, is demanding three-year supply contracts at
5.5 cents a kilowatt-hour. "We've got to stop the hemorrhaging of utility cash,
but I can't possibly have another rate increase or any state bailout,” the
governor is saying.

According to sources, U.S. Treasury Secretary Lawrence Summers and the
generating company chief executives looked at Davis with a “What are you
smoking?" expression several times Tuesday night. The generators’ stance is that
the market price is 8.5 cents/kwh and only if the contracts run for eight years.

But that's all just negotiating position. The customers of Edison
International's (EIX) Southern California Edison currently pay the company 7.6
cents/kwh just for energy. That price includes last week's one-cent raise, but
not other charges such as transmission and distribution.

Edison generates half the power it needs at a cost cf about 3 cents/kwh. So,
purchasing the other half at 5.5 cents/kwh would do a lot more than stop the
hemorrhaging. If the cost of purchased power were 5.5 cents, Ediso! average
cost would be 4.3 cents, for which they are getting paid 7.6 cents. That 3.3
cents/kwh profit on the 83 billion kwh Edison sells a year comes to a whopping
$2.7 billion annually. End of credit problem.

PGGE Corp.'s (PCG) situation is more difficult. Their customers pay less for
electricity, and PG&E only generates a third of its own power, but they have
lower generating costs than Edison. Bottom line: if PG&E could buy supplies at
5.5 cents/kwh, they would be left with 1.9 cents/kwh profit.

Unfortunately for the utilities, California independent generators, such as
Reliant Energy (REI), NRG Energy (NRG), Dynegy (DYN), Southern Energy (SOE) and
Duke Energy (DUK), can't get their prices down to 5.5 cents/kwh in California
given the current market price of natural gas.

But they don't need anything close to 8,5 cents for eight years. The forward
price for wholesale power in California for the balance of this year is 18
cents/kwh for the on-peak hours, which is what the utilities mostly need to buy.
The on-peak price drops to 11 cents/kwh for a three-year contract because new
generators and new gas supplies are expected to come on line. For an eight-year
contract, the price dropa to about 7.3 cents/kwh.

At 7.3 cents, PG&E would be heading to bankruptcy court. But the generators
will get to sell PG&E some off-peak power, too, which brings the average price
down a little further. If the governor guarantees really quick licensing for a
couple of new power plants in northern California, the price comes down a lot,

What's more, to save deregulation in the U.S, the generators are willing to
cut to the bene. The stocks of Dynegy, Enron Corp. (ENE), etc., have high
price-to-earnings ratios because their earnings are expected to continue strong
growth under electric deregulation. They are the emerging masters of a
deregulated universe, but if deregulation were to throw PGS6E and Edison into
bankruptcy court, there wouldn't be any deregulated electric universe to master.

As one electricity trader put it: "They have got to get a deal done. If they
don't get 'The California Energy Crisis’ off of CNBC every 30 minutes, I'm going
to be out of a job.”

Generators' stock prices have been getting hammered since the first of the
year due to several factors, such as profit-taking after a great 2000, according


Recently, Bush advisors have stated that the search for the top Treasury post
is focussed on candidates from the private sector, but not necessarily from Wall
Street.

As a list of potential candidates have emerged, some prominent names from
off-Wall Street have emerged, including Alcoa chairman Paul O'Neill, Enron chief
executive Kenneth Lay, and financier Gerald Parsky, chairman of Aurora Capital
Group in California,

Some of the names from Wall Street have included Walter Shipley, former
chairman of Chase Manhattan and John Hennessey, former CEO of Credit Su: e
First Boston. New York Federal Reserve president William McDonough is also said
to be under consideration.

Corporate America Has A Different View

Some industry types have been vocal of their support for an appointee with a
corporate background.

“Paul O'Neill and other representatives of industry are at a great advantage
of running enterprises that take close notice of energy prices, foreign
competition, exchange-rate fluctuations and the turmoil in credit marke’
Jerry Jasinowski, president of the National Association of Manufactur

" said

Jasinowksi said that the association is not necessirly in favor of a weaker
dollar, but added that “high interest rates combined with excessive praise for a
strong dollar from the Treasury,” could be seen as counter to the best interest
of many U.S. industries.

Despite Wall Street's skepticism over the outsiders on Bush's list, most Wall
Street players note they will give an equally warm reception to whoever is
chosen.

"Virtually all of the candidates are highly qualified business people who will
fit with the administration's support for free trade and global markets. We're
basically waiting for the new Secretary's policy speech before we make any
assessments about his abilities,” said Joe Lavorgna, economist at Deutsche Bank
in New York,

But others say that Bush may have already signaled that his administration,
while not advocating outright protectionism for U.S. markets, might be more
focussed on domestic policy and stimulus at the expense of a strong dollar.

Bush's appointee for White House Chief of Staff, Andrew Card, was the former
head of the lobby group American Automobile Manufacturers Association, a
now-defunct group which had lobbied hard to maintain a more moderate dollar
stance to maintain U.S. auto exports.

"An appointment of someone from outside Wall Street would tend to signal to
the markets, as well as foreign countries, a renewed emphasis on domestic
policy. The Treasury Secretary is only part of that picture,” said Marc
Chandler, chief currency strategist at Mellon Bank in New York,

Regardless of the Treasury Secretary's policy, however, some market watchers
say the fate of the dollar versus other currencies is in the hands of the
markets.

"With dollar policy, there is action and there is rhetoric, It’s almost
certain that the new Secretary is going to be advocating a strong dollar in
rhetorical terms - that’s just a way of saying that they favor low inflation and
@ currency that holds ita value,” said Kevin Logan, senior economist at Dresdner
Kleinwort Benson.

“Rubin repeated constantly that the strong dollar was in the best interest of
the economy, so when he intervened to help the yen, it wasn't seen as a huge


By Bryan Lee, Dow Jones Newswires, 202-862-6647, bryan. lee@dowjones.com

(END) Dow Jones Newswires 12-01-01
21006MT

{AP-DJ=-01-12-01 2100GMT)

2TICKER: EIX PCG SRE

?SUBJECT: EVTL STGO DI7 DI1 DI4 DIZ CA COBO COMM
Copyright (¢) 2001 Dow Jones and Company, Inc.
Received by NewsEDGE/LAN: 1/12/01 3:55 PM

Calif power talks aim to reach solution on Saturday

WASHINGTON, Jan 12 (Reuters) - Treasury Secretary Lawrence
Summers, other senior Clinton administration officials and top
executives of electric power companies tentatively planned to
meet on Saturday to finalize a fix for California's power mess,
a source close to the negotiations said on Friday.

The high-level meeting was set to take place at the Energy
Department at 3:30 p.m. EST (2030 GHT), with some California
officials participating via teleconference, the source said.

The te narrowly averted rolling power blackouts on
Thursday as already tight supplies of electricity fell to
Gangerously low levels because of a severe storm.

Friday marked the fourth day of negotiations among
lower-level aides to map out detailed proposals for short- and
long-term solutions to California's chronic electricity
shortage and skyrocketing prices.

If the Friday talks failed to make as much progress as
hoped, the Saturday session could be downgraded to another day
of negotiations among lower-level officials on technical
issues, according to another source.

Summers and Energy Secretary Bill Richardson launched the
negotiations on Tuesday to prevent the bankruptcy of PGsE Corp
<PCG.N> and Edison International <EIX.N>, which could ripple
throughout the national economy.

Both utilities say they have run out of cash because of
runaway prices wholesale power, which are now tenfold higher
than one year ago. Under California's landmark 1996
deregulation law, the higher wholesale prices cannot be passed
through to consumers.

The two utilities want a 90-day reprieve in repaying
billions of dolla te out-of-state power generators, as well
as the ability to sign long-term contracts to lock in lower
prices.

( (washington. commodsenergy.newsroom@reuters.com) }

REUTERS
Rte 15:29 01-12-01

sTICKER: PCG EIX

SUBJECT: CRUD COBO MU ENER UTIL USA
Copyright (c) 2001 Reuters

Received by NewsEDGE/LAN: 1/12/01 3:24 PM

=DJ POWER POINTS: By The Numbers, Calif Pwr Deal Looks Good
Dow Jones International News Service via Dow Jones

By Mark Golden
A Dow Jones Newswires Column


From: Sachs, Lee

Sent: Wednesday, February 20, 2002 11:55 PM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Keith McCrea to alexm@calpine.com;

j.macias@calpine.com; iason_s_seligmanggoea, eop.gov, shg@cpuc. ca. gov;
Chris. Soares@do.treas gov; David. Wilcox¢@do.treas gov; Lee. Sachs@do.treas.gov;

This message was found to have a Critical Word in it. Message Sent to alexm@calpine.com;

j-maci,
Chris.
Michel
eisens
lyan. 1
linda.

G@calpine.com; jason _s. seligman@cea.eop.gov; shg@cpuc.ca.gov;
Soares@do.treas.gov; David.Wilcox@do.treas.gov; Lee. Sachs@do.treas.gov;
le.Greene@do.treas.gov; Ray. Squitieri@do.treas.gov; Veronica.Stokes@do.treas.gov;
tatl@DSMO.com; sbvanleer@duke-energy.com; joel.newtonfdynegy. com;
ednicky@dynegy.com; smarafenron.com; curtis.wagner@ferc. fed.us;
lee@ferc.fed.us; martha.altamar@ferc.fed.us; dan.poffenberger@ferc.ged.us.treas.govs

prohler@hewn.com; richard.glick@#hq.doe.gov; smutany@iepa.com; karen.tomcala@pge-corp. com?
exg2@pge.com) DxH4@pge.com; RHKBpge.com; joebob-perkins@reliantenergy.com;
marvin_k_ballard@rceliantenergy.com: fieldejrésce.com: harold.ray@sce.coms dreed@sdge.com:

wsakar

ida@sdge.com; rahayes@seiworldwide.com: sjicapoma@seiworldwide.com;

mtierney@sempra.com: sonnet.edmonds@southernenergy.com: cread@steptoe.com;
temoreland@swidlaw.com; julia.greenisen@troutmansanders.com; alex.goldberg@williams.com;

{(oy6)) + From Keith McCrea, CC to Gaylen,Barbourédo.treas.gov, Date 1/12/2001
AM, Subject of message RE: California Energy Group - missing e-mail addr ry
Word(s) found: Enron

weno ‘Original Message-----

From: Keith McCrea

Sent:

1/12/2001 8:15:20 AM

Received: 1/12/2001 8:13:33 AM

To:

alexm§calpine.com, SMTP: alexm@calpine.com

j.macias@calpine.com, SMTP:j.macias@calpine.com
jason_s._seligman@cea.cop.gov, SMTP:jason_s._seligman@cea.eop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov

Chris.Soares@do.treas.gov, SMIP:Chris.Soares@do.treas.gov
David.Wilcox@do.treas.gov, SMTP:David.Wilcox@do.treas.gov

Lee, Sachs@do.tr gov, SMTP:Lee.Sachs@do.treas.gov
Michelle.Greene@do.treas.gov, SMTP:Michelle.Greene@do.treas.gov
Ray. Squitieri@de.treas.gov, SUTP:Ray.Squitieri@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP: Veronica. Stokes@do.treas. gov
eisenstatl@DSMO.com, SMTP:eisenstatl@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
jJoel.newton@dynegy.com, SMTP: joel.newton@dynegy.com

lynn. lednicky@dynegy.com, SMTP:lynn. lednicky@dynegy.com
smara@enron.com, SMTP: smara@enron.cem

eurti agner@ferc.fed.us, SMTP:curtis.wagner@ferc. fed.us
linda.lee@ferc.fed.us, SMTPilinda.lee@ferc. fed.us
martha.altamar@ferc.fed.us, SHTP:martha.altamar@ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SMTP:dan.poffenberger@ferc.ged.us.treas.gov
Ppmohler@hewm.com, SHTP:pmohler@hewm, com

richard.glick@hq.doe,gov, SMTP: richard.glick@hq.doe.gov
smutany@iepa.com, SMTP:smutany@iepa.com
karen.tomcala@pge-corp.com, SUTP:karen.tomcala@pge-corp.com
exg2@pge.com, SMTP: cxg2@pge.com

DxHd@pge.com, SMTP: DxH4@pge. com

RHK@pge.com, SMTP: RHK@pge.com

jJoebob-perkins@reliantenergy.com, SMTP: jJoebob-perkins@reliantenergy.com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com
fieldejr@sce.com, SMTP: fleldejr@sce.com

harold, ray@sce.com, SMTP:harold.ray@sce.com

dreed@sdge.cam, SMTP: dreed@sdge.com

waakaria@sdge.com, SMTP: wsakaria@adge.com



{(b)(5)]


*fieldejr@sce.com’, SMTP: fieldejr@sce.com
“harold. rcay@sce.com', SMTPsharold. ray@sce.

-com
‘rahayes@seiworldwide.com', SMTP: rahayes@seiworldwide.com
*sjcapoma@seiworldwide.com’, SMTP:sjcapoma@seiworldwide.com
*mtierney@sempra.com', SMTP:mtierney@sempra.com
‘sonnet.edmonds@southernenergy.com’, SMTP:sonnet.edmonds@southernenergy,.com
"cread@steptae.com', SMTP: cread@steptoe.com

‘temoreland@swidlaw.com', SMTP: temoreland@swidlaw.com

"julie. greenisen@troutmansanders.com', SMTP: julie.greenisen@troutmansanders.com
*alex.goldberg@williams.com', SMTPralex.goldberg@williams.com

*[(b) .att.net', SMTP:ain@worldnet.att.net

’ , &A2/OsUSTREASURY/OU=DO/CN*RECIPIENTS/CN*Groupwise/cn=Treasury.DOPO.ADMIN
*ronald_minsk@opd.eop.gov', SHTP:ronald_minsk@opd.eop.gov
*4mdonnell@duke-energy.com', SMTP: jmdonnell@duke-energy.com
"hjpodewerfduke-energy.com', SMTP:hjpodewer@duke-energy.com
*bbailey@duke-energy.com', SMTP:bbailey@duke-energy.com
*njideschane@duke-energy.com', SMTP:njdeschane@duke-energy.com
*wfhall@duke-energy.com', SMTP:wfhall@duke-energy.com
*sbvanleerfduke-energy.com', SMTP:sbvanleer@duke-energy.com

"xmk4@pge.com', SMTP: rmk4@pge.com

"ddrO@pge.com’, SMTP:ddr0Bpge.com

‘rjp2@pge.com', SMTP: rjp28pg:
*atarkle@sce.com', SMTP:starkle@sce,com

"john. gammie@williams.com', SMTP: john.gammie@williams.com

jeiworldwide.com', SMTP: smfuller@seiworldwide.com
*"dimiller@seiworldwide.com’, SMTP:dimiller@seiworldwide.com
*jwholden@seiworldwide.com', SMTP: jwholden@seiworldwide.com
*richard.shapiro@enron.com’, SMTP: richard.shapiro@enron.com
*robert.badeer@enron.com', SMIP:robert.badeer@enron.com

cc: Barbour, Gaylen, EX:/O=-USTREASURY/OU=DO0/CN=RECIPIENTS/CN=BARBOURG
"Curtis Wagner’, SMTP: curtis.wagner€ferc. fed.us

Subject: RE: California Energy Group e-mail TEST MESSAGE
Body:
Stattabated End of message body

Message auditing by MicroData CAMEO Recon


harold. ray@sce.com, SMTP:harold. ray@sce.com
dreed@sdge.com, SHTP:dreed@sdge.com
waakari ige.com, SMTP:wsakaria@sdge.com
rahayes' worldwide.com, SMTP: rahaye:
s)capomalseiworldwide.com, SMTP:sjcapoma@seiworldwide.com
mtierney@sempra,com, SMTP:mtierney@sempra.com

sonnet. edmonds@southernenergy.com, SMTP: sonnet .edmonds@southernenergy. com
cread@steptoe.com, SMTP; cread@steptoe.com

temoreland@swidlaw.com, SMTP:temoreland@swidlaw.com
Julie.greenisen@troutmansanders.com, SMTP: julie. greenisen@troutmansanders.com
alex.goldberg@williams.com, SMTP:alex.goldberg@williams.com

((b)(6)]

ce: Barbour, Gaylen, EX:/O=USTREASURY/OU#DO/CN#RECI PIENTS/CN*=BARSOURG
Curtis Wagner, SMTP:curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail
Body:

Latest version of Long-Term Contracts Group report.
ctatatehated End of message body

Message auditing by MicroData CAMEO Recon


rahayes@seiworldwide.com, SMTP: rahayes@selworldwide.com

iworldwide.com, SMTP:sjcapoma@seiworldwide.com
mtierney@sempra.com, SMTP:mtierney@sempra.com
sonnet.edmonds@southernenergy.com, SNTP:sonnet .edmonds@southernenergy.com
cread@steptoe.com, SMTP:cread@steptoe.com

temoreland@swidlaw.com, SMTP: temoreland@swidlaw. com
julie.greenisen@troutmansanders.com, SMTP: julie. greenisen@troutmansanders.com
alex.goldberg@williams.com, SMTP:alex.qoldberg@williams.com

[(b}(6)}

CC: Gaylen.Barbourédo.treas.gov, SMTP:Gaylen.Barbourédo.treas.gov

Subject: RE: California Energy Group e-mail
Body:
Looks good te me. Curtis L. Wagner, Jr, Chief Judge FERC

>>> <Chris.Soares@do.treas.gov> 01/12/01 01:33PM >>>
Latest version of Long-Term Contracts Group report.

s caeataiane End of message body
Message auditing by MicroData CAMEO Recon


((b)(5)]

we


From: Wilcox, David
Sent: Thursday, February 21, 2002 12:50 AM
To: SearchCameo

CAMEO Recon found a word: Enron sent by Wilcox, David to Elmendorf, Douglas; Squitieri,
Ray; Flanagan, Rosemary; Chryst, Nancy on 12/14/2000 11:16:04 PM

This message waa found to have a Critical Word in it. Message Sent to Elmendorf, Douglas;
Squitieri, Ray; Flanagan, Rosemary; Chryset, Nancy, From Wilcox, David, CC to, Date

tsbref.doc
12/14/2000 11:16:04 2M, Subject of messa ge RE: california electricity

Word(s) found: Enron

pa “Original Message

From: Wilcox, David

Sent: 12/14/2000 11:16:04 PM

Received: 12/14/2000 11:16:04 PM

To: Elmendorf, Douglas, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=ELMENDORFD
Squitieri, Ray, EX: /O*USTREASURY/OU=DO/CN=RECIPIENTS/CN=SQUITIERIR
Flanagan, Rosemary, EX: /O=USTREASURY/OU*DO/CN@RECI PIENTS/CK*FLANAGANR
Chryst, Nancy, EX:/O*USTREASURY/OU*DO/CN*RECIPIENTS/CH*CHRYSTN

cc:

Subject: RE: california electricity

Body:

This is a really super effort, and illustrates the value, Ray, of your having kept an eye
on current developments in the energy field. Thanks to Doug for a wonderful editing job.
Please transmit to Larry ASAP.

Seetahetes Original Message-----

From: Elmendorf, Douglas

Sent: Thursday, December 14, 2000 6:11 PH
To: Wilcox, David

Subject: california electricity

I've cleaned up Ray's memo a little (based in part on your previous comments and on the
phone conversation with the ENRON guy}, but you should look it over. Ray should also
review it in the morning to be sure that I didn’t introduce any factual errors.

btw, Jon Talisman says that the CPI change will be in the tax bill that is about to be
passed.

<< File: Isbrief.doc >>
Sea saa End of message body

Message auditing by MicroData CAMEO Recon


From: Wilcox, David
Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo

CAMEO Recon found a word: Enron sent by Sachs, Lee to ‘Susan.J.Mara@enron.com';
Wilcox, David, Sachs, Lee on 1/11/2001 10:45:41 AM

This message waa found to have a Critical Word in it. Message Sent to
‘Susan.J.Mara@enron.com'; Wilcox, David; Sachs, Lee, From Sachs, Lee, CC to, Date
1/11/2001 10:45:41 AM, Subject of message RE: More thoughts

Word(s) found: Enron

Prom: Sachs, Lee

Sent: 1/11/2001 10:45:41 AM

Received: 1/11/2001 10:45:41 AM

To: *Susan.J.Mara@enron.com', SMTP: Susan.J.Mara@enron.com
Wilcox, David, EX:/O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=WILCOXD
Sachs, Lee, EX:/O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SachsL

ce:

Subject: RE: More thoughts
Body:

thanks sue.

mane Original Message----~

From: Susan.J.Mara@enron.com [mailto:Susan.J.Mara@enron. com)
Sent: Wednesday, January 10, 2001 11:14 PM

To: David.wilcox@do.treas.gov; lee.sachsfdo.treas.gov
Subject: More thoughts

Lee,

I'm checking on the “market in the west at 5.5 cents” question, I'll let
you know,

David and Lee,

It seems that everyone has pretty much put their big issues out on the
table for consideration in package of solutions. I've been concerned. No
one has been talking about the retail markets. We have spent four years
protecting the utilities and getting them “ready” for retail competition.
I've personally spent much of my life those four years arguing with the
utilities and the CPUC to achieve any tiny movement toward a fair, open
and non-discriminatory market for retail suppliers (other than the
utilities, Enron is the only retail supplier in the room).

we cannot move forward with these new subsidies and bailouts
utilities and the state agree to take definitive steps to make
the retail market work. To move this thinking forward, I will prepare a
few points of the kinds of steps we would want to see as part of the
overall package.

Sue Mara

Message auditing by MicroData CAMEO Recon


From: Wilcox, David

Sent: Thursday, February 21, 2002 12:48 AM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Kuga, Roy to ‘David Wilcox@do treas.gov’ on
1/12/2001 5:56:34 PM

This message waa found to have a Critical Word in it. Message Sent to
‘David.Wilcox@do.treas.gov', From Ku: Roy, CC to , Date 1/12/2001 5:56:34 PM, Subject of
message RE: California Energy Group e-mail TEST MESSAGE

Word(s} found: Enron

From: Kuga, Roy

Sent: 1/12/2001 5:56:34 PM

Received: 1/12/2001 5:57:35 PM

To: *David.Wilcox@do.treas.gov’, SMTP:David.Wilcox@do.tre

ce:

Subject: FE: California Energy Group e-mail TEST MESSAGE

Body:

David,

I didn’t get your second message with attachments. Can you pls. resend to
me. I know Les Starck of Edison just got it. Thanks for all your help over
the past few days.

Roy

~-Original Message-----

From: David.Wilcox@do.treas.gov [mailto:David.Wilcox@do.treas.gov]

Sent: Friday, January 12, 2001 2:31 PM

To: David. Wilcox@do.treas.gov; Lee.Sacha@do.treas.govs
Chris.Soares@do.treas.gov: martha.altamar@ferc.fed.us; alexm@calpine.com:
jmacias@calpine.com <mailto: jmacias@calpine,com> ;

jason. Ligmanéc eop.gov; shg@cpuc.ca.govs
Michelle-Greene@do.treas.gov; Ray, Squitierifdo,treas.gov;
Veronica.Stokes@do.treas.gov; eisenstat1@DSMO.com:
sbvanleer@duke-energy,com; joel.newton@dynegy.com; lynn. lednicky@dynegy.com:
smara@enron.com; linda. lee@ferc, fed.us;
dan.poffenberger@ferc,ged.gov.treas.gov; pmohler@hewm. com:
richard.glick@hq.dcoe.gov; smutany@iepa.com; Tomcala, Karen (Corp); Greif,
Claudia; Hapner, Dede; Kuga, Roy; joebob-perkins@reliantenergy.com;
marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw.com; fieldejr@sce.com;
harold. ray@sce.com; dreed@sdge.com; waakar iadige.com;
rahayes@seiworldwide.com; s}capoma@seiworldwide.com; mtierney@sempra.cem
sonnet.edmonds@southernenergy.com; cread@steptoe. com;
temoreland@swidlaw.com; julie.greenisen@troutmansanders.com;

Srex gouchecaeesttteme-comy [(D(E)} 3 ADMING@do.treas.govz
ronald minsk@opd.eap.gov; jmdonnell@duke-energy.com;
hjpodewer@duke-energy.coms bballey@duke-energy.com:
nideschane@duke-energy.coms wihall @duke-energy. com;
shvanleer@duke-energy.com; Kuga, Roy; Richard, Daniel Jr.; Feters, Roger
(Law); starkle@sce.com; john.gammie@williams.com; reharris@seiworldwide.com;
smfuller@seiworldwide.com: dlmiller@éseiworldwide.com:
jwholden@seiworldwide,com; richard.shapircfenron. com;

robert .badeer@enron.com

Ce: Gaylen.Barbour@do,treas.gov; curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail TEST MESSAGE



From: Wilcox, David
Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo
CAMEO Recon found a word: Enron sent by Gallagher, Sean H. to
‘Gaylen Barbour@do.treas,gov' on 1/12/2001 9:11:30 AM
Importance: High

This message was found to have a Critical Word in it. Message Sent to

*Gaylen, Barbour@do.treas.gov", From Gallagher, Sean H., CC to
‘Michelle.Greene@do,.treas.gov'; ‘david.wilcox@do,treas.gov';
‘Veronica,Stokes@do,treas.gov', Date 1/12/2001 9:11:30 AM, Subject of message RE:
California Energy Group

Word(s} found: Enron

Seuss Original Message----~

From: Gallagher, Sean H.

Sent: 1/12/2001 9:11:30 AM

Received: 1/12/2001 9:08:56 AM

To: *Gaylen.Barbour@do.treas.gov', SMTP:Gaylen. Barbour@do.treas.gov

cc: "Michelle.Greene@do.treas.gov", SMTP:Michelle.Greenefdo.treas.gov
"david. wilcox@do.treas.gov’, SMTP:david.wilcox@do.treas.gov
"Veronica. Stokes@do.treas.gov', SMI'P:Veronica.Stokes@do.treas.gov

Subject: RE: California Energy Group

Body:

Thank you -- as it turns out, I am at home this morning. Would you be able to ask Mr.
Fielder to call me at {(b)(6)} Thanks very much,

Sean Gallagher

California Public Utilities Commission
Legal Division

505 Van Ness Avenue

San Francisco, CA 94102

(415) 703-2059

(916) 396-6581 - cell

Prom: Gaylen.Barhour@do.treas.gov [mailto:Gaylen.Barbour@do.treas.qgov]
Sent: Friday, January 12, 2001 6:02 AX

To: shg@cpuc.ca.gov

Subject: RE: California Energy Group

Mr, Gallagher - I passed your request on to Jolin Fielder in the meeting. They will call
you. I understand Michelle Greene sent you the documents you requested.

coone Original Message----~

From: Gallagher, Sean H. (mailto:shg@cpuc.ca.gov)

Sent: Thursday, January 11, 2001 7:41 PM

To: 'Veronica.Stokes@do.treas.gov'

Ce: 'Michelle.Greene@do.treas.gov'’; 'Gaylen.Barbour@do.treas.gov’
Subject: RE: California Energy Group

Thanks. I plan to join the meeting tomorrow morning (Friday) by telephone once again, but
I may not be there right at 9:00 (6:00 am out here). Do you have the telephone number in
the room that the working group has been meeting in, so that I might call into it in the


TIMELINE AND IMPLEMENTATION

Objectives:
| Need power contracts in place ASAP.
2. Provide adequate credit support.
3 Provide recovery of full costs to utilities through retail rates and pre-approved
reasonableness.
4 Limit required legislation
Assumptions:
i State acts as purchasing agent for utilities’ unmet load.
2. To expedite process, DWR acts as responsible State agency and employs
necessary consulting assistance.
9; Utilities are willing to act as advisor to the State to assist in issuing RFPs and
reviewing responses.
Schedule:
1 Jan. 11 ~ provide package (inc. RFP and process outline) to principals
2, Jan, 13 — decision to proceed
3 Jan. 16 —- DWR contact identified; RFP documents and standard contract
provided to DWR, RFP pre-notice issued (certification of credit to be
provided with RFP response, bids to be binding for 3 days, NOx credits)
4 Jan. 18 — RFP issued
x Jan, 22 — Responses due
6 Jan, 25 — Consultant analysis due; follow-up negotiations begin
7 Jan, 31 —Final contracts executed; results announced
8 Feb. | — Power flows
Additional Requirements:
1 Use emergency powers of State to address contracting protocols and hire
necessary consulting services
2. Determine any necessary changes to DWR Charter
3 Define legal relationship between utilities and DWR (definition by 1/18 with
legal implementation by 1/31
4d State requires participation of municipalities at reasonable prices to ensure

resource and pricing goals


morning? Alternatively, could you ask one of the meeting participants to try me
periodically if I do not answer the call at 6:00,

Also, 1f you have or receive either the Draft Interim Report or any of the Tabs/supporting
documents in electronic form, I would appreciate it if you could email them to me.
Finally, pls fax any documents which you do not have to me at 415-703-2262, Thanks!

Sean Gallagher

California Public Utilities Commission
Legal Division

505 Van N Avenue

San Francisco, CA 94102

(415) 703-2059

(916) 396-6581 - cell

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

Prom: Veronica.Stokes@do.treas.gov [ mailto:Veronica,Stokes@do.treas.gov]
Sent: Thursday, January 11, 2001 1:56 PM

To: alexgoldberg@williams.com; alexm@calpine.com; cread@steptoe.com:
exg2@pge.com; curtis.wagner@ferc.fed.us; dan.poffgnberger@ferc, fed.us?
david.wilcox@do.treas.gov: dreed@sdge.com: DxH4@pge.com:

harold. ra: com; j-macias@calpine,com; smutany@iepa.com:

jason_s._: yman@cea.eop.gov; joebob-perkins@reliantenergy. com;

joel. newton@dynegy.com; fieldejr@sce. com:

julie. greenisen@trontmansanders.com.treas.gov;

karen. tomcala@pge-corp.com; KMcCr blaw.com; eisenstatl@DSMO. com;
lee.sachs@do.treas.gov; linda. lee@ferc.fed.us; lale@dyngy.com.treas.gov;
martha.altamar@ferc.fed.us; mtierney@sempra.com; pmohler@heum. com;
richard.glick@hq.doe.gov; rahayes@seiworldwide.coms

(()6)] 7 RMK@pge.com; shg@cpuc.ca.govs
sonnet.edmonds@southernenergy.com; sbvanleer@duke-energy. com;
ajcapoma@seiworldwide.com; amara@enron.com; temoreland@swidlaw.com;
marvin_k_ballard@reliantenergy.com; wsakaria@sdge.com

Ce: Michelle.Greene@do.treas.gov; Gaylen.Barbour@do.treas.gov

Subject: FW: California Energy Group

This is a test to provide a comprehensive listing for those who participated
in the Treasury Department California Energy Group meetings this week. If
you know of anyone else who should he added to this list, please cali at
(202) 622-2245.

<<California Energy Group>>

—s End of message body

Message auditing by MicroData CAMEO Recon


*fieldejr@sce.com’, SMTP: fieldejr@sce.com
“harold. rcay@sce.com', SMTPsharold. ray@sce.

-com
‘rahayes@seiworldwide.com', SMTP: rahayes@seiworldwide.com
*sjcapoma@seiworldwide.com’, SMTP:sjcapoma@seiworldwide.com
*mtierney@sempra.com', SMTP:mtierney@sempra.com
‘sonnet.edmonds@southernenergy.com’, SMTP:sonnet.edmonds@southernenergy,.com
"cread@steptae.com', SMTP: cread@steptoe.com

‘temoreland@swidlaw.com', SMTP: temoreland@swidlaw.com

"julie. greenisen@troutmansanders.com', SMTP: julie.greenisen@troutmansanders.com
*alex.goldberg@williams,com', SMTPralex.goldberg@williams.com

,
’ ((ey(8)] EX: /OsUSTREASURY/OU=DO/CN@RECI PIENTS/CN*Groupwise/cn»Treasury.DOPO.ADMIN
‘ronald _minsk@opd.eop.gov', SHTP:ronald_minsk@opd.eop.gov
*4mdonnell@duke-energy.com', SMTP: jmdonnell@duke-energy.com
"hjpodewerfduke-energy.com', SMTP:hjpodewer@duke-energy.com
*bbailey@duke-energy.com', SMTP:bbailey@duke-energy.com
*njideschane@duke-energy.com', SMTP:njdeschane@duke-energy.com
*wfhall@duke-energy.com', SMTP:wfhall@duke-energy.com
*sbvanleerfduke-energy.com', SMTP:sbvanleer@duke-energy.com

"xmk4@pge.com', SMTP: rmk4@pge.com

"ddrO@pge.com’, SMTP:ddr0Bpge.com

‘rjp2@pge.com', SMTP: rjp28pg:
*atarkle@sce.com', SMTP:starkle@sce,com

"john. gammie@williams.com', SMTP: john.gammie@williams.com

jeiworldwide.com', SMTP: smfuller@seiworldwide.com
*"dimiller@seiworldwide.com’, SMTP:dimiller@seiworldwide.com
*jwholden@seiworldwide.com', SMTP: jwholden@seiworldwide.com
*richard.shapiro@enron.com’, SMTP: richard.shapiro@enron.com
*robert.badeer@enron.com', SMIP:robert.badeer@enron.com

cc: Barbour, Gaylen, EX:/O=-USTREASURY/OU=DO0/CN=RECIPIENTS/CN=BARBOURG
"Curtis Wagner’, SMTP: curtis.wagner€ferc. fed.us

Subject: RE: California Energy Group e-mail TEST MESSAGE
Body:
Stattabated End of message body

Message auditing by MicroData CAMEO Recon


cc:

*joebob-perkins@reliantenergy.com', SMTP: joebob-perkins@reliantenergy.com
*marvin_k_ballard@reliantenergy.com', SMTP:marvin_k_ballard@reliantenergy.com
copra haeed

"harold. ray@sce.com', SMTP: barcid, caybecs. com

“dreed@sdge.com', SMTP:dreed@sdge.com

*wsakaria@sdge.com', SMTP: wsakaria@sdge.com

*rahayes@seivorldwide.com', SMTP: rahayes@seiworldwide.com
*sjcapoma@seiworldwide.com’, SMTP:sjcapoma@seiworldwide.com
‘mtierney@sempra.com', SMTP:mtierney@sempra.com
"sonnet.edmonds@southernenergy.com’, SMTP: sonnet.edmonds@southernenergy. com
‘cread@steptoe.com', SMTP:cread@steptoe.com

*temoreland@swidlaw.com', SMTP: temoreland@swidlaw.com
*julie.greenisen@troutmansanders.com', SMTP: julie.greenisen@troutmansanders.com
fibv(6) joldberg@williams.com', SMTPralex.goldberg@williams.com

Pi nm, EX: /OsUSTREASURY/OU=DO/CN=RECI PIENTS/CN=Groupwise/cn=Treasury.DOPO.ADMIN
*xonald_minsk@opd.cop.gov', SHT?:ronald_minsk@opd.ecop.gov

*jmdonnell @duke-energy.com', SMTP: jmdonnell@duke-energy.com
"hipodewerGduke-energy.com', SMTP: hjpodewer@duke-energy.com
"bbailey@duke-energy.com’, SMTP:bbailey@duke-energy.com
‘njdeschane@duke-energy.com’, SMTP:njdeschane@duke-energy.com
*wthall@duke-energy.com', SMTP: wfhall @duke-energy.com
*sbvanleer@duke-energy.com’, SMTP: sbvanleer@duke-energy.com

*rmk4@pge.com’, SMTP: rmk4@pge.com

"ddrO@pge.com', SMTP:ddr0@pge.com

"rjp2@pge.com', SMTP: rjp28pge.com

*starkle@sce.com', SMTP: starkle§sce.com

"john. gammie@williams.com', SMTP: sohn.gammie@williams.com

"sonnet .edmonds@southernenergy.com’, SMTP: sonnet .edmonds@southernenergy.com
*rahayes@seiworlde.com’, SMTP: rahayes@seiworlde.com

*sjcapoma@seiworlde.com', SMTP:sjcapomaGseiworlde.com

"reharris@seiworlde.com', SMTP:reharr iworlde.com

*smfuller@seiworlde.com', SMTP: smfull
*dimiller@seiworld.com’, SMIP:dlmiller@seiworld.com

*jwholden@seiworlde.com', SMTP: jwholden@seiworlde.com

‘julie. greenisen@troutmansanders.com', SMTP:julie.greenisen@troutmansanders.com
*richard.shapiro@enron.com', SMTP: richard.shapiro@enron.com
*robert.badeer@enron,com', SMTP: robert.badeer@enron.com

Wilcox, David, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=WILCOXD

Barbour, Gaylen, EX: /OpUSTREASURY/OU*DO/CN*RECIPIENTS/CN*BARBOURG
"Curtis Wagner’, SMTP: curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail TEST MESSAGE

Body:

End of message body

Message auditing by MicroData CAMEO Recon


From: Sachs, Lee

Sent: Wednesday, February 20, 2002 11:55 PM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Curtis Wagner to alexm@calpine.com;

jmacias@calpine com; jason_s. cc eatomentooees 20p gov, shg@cpuc ca gov,
Chris. Soares@do treas.gav, David. Wilcox@do.treas.gov; Lee. Sachs@do.treas.gov;

This message was found to have a Critical Word in it. Message Sent to alexm@calpine.com;
jmacias@calpine.com; jason_s. seligmanfcea.eop.gov; shg@cpuc.ca.gov;
Chris.Soares@do.treas.gov; David.Wilcox@de.treas.gov; Lee. Sachs@do.treas.gov;
Michelle.Greene@do.treas.gov; Ray. Squitieri@do.treas.gov; Veronica.Stokes@do.treas.gov;
eisenstatl@DSMO.com; sbvanleer@duke-energy.com; joel. newton@dynegy. com;

lynn. lednicky@dynegy.com; smarafenron.com; Linda Lee; Martha Altamar;
dan.poffenberger$ferc.ged.us.treas.gov; pmohler@hewm.com; richard. glick@hq.doe.gov;
smutany@iepa.com; karen.tomcala§pge-corp.com; cxg2@pge.com; DxH4@pge.com; RMK4@pge. com;
joehob-perkins@reliantenergy.com; marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw.com
fieldejr@sce.com: harold,ray@sce.com; dreed@sdge.com: wsakariabsdge,com:
rahayes@seiworldwide.com; sjcapoma@seiworldwide.com; mtierney@sempra.com:
sonnet.edmonds@southernenergy.com; cread@steptoe.com: temoreland@swidlaw.coam;
julie.greenisen@troutmansanders,.com? alex, zcelebenytvillisns, cont [(b M6 vi

From Curtis Wagner, CC to Gaylen.Barbour@do.tr gov, Date 1/12/200. 2:10:27 PM, Subject
of message RE: California Energy Group e-mail

Word(s) found: Enron

weno ‘Original Message-----

From: Curtis Wagner

Sent: 1/12/2001 2:10:27 PM

Received: 1/12/2001 2:08:33 EM

To: alexm§calpine.com, SMTP: alexm@calpine.com
jmacias@calpine.com, SMTP: jmacias@calpine.com
jason_s._seligmanfcea.cop.gov, SMTP:jason_s._seligman@cea.eop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov
Chris.Soares@do.treas.gov, SMIP:Chris.Soares@do.treas.gov
David.Wilcox@do.treas.gov, SMTP:David.Wilcox@do.treas.gov
Lee, Sachs@do.t gov, SMTP:Lee.Sachs@do.treas.gov
Michelle.Greene@do.treas.gov, SMTP:Michelle.Greene@do.treas.gov
Ray. Squitieri@de.treas.gov, SUTP:Ray.Squitieri@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP: Veronica. Stokes@do.treas. gov
eisenstatl@DSMO.com, SMTP:eisenstatl@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
jJoel.newton@dynegy.com, SMTP: joel.newton@dynegy.com
ly ednicky@dynegy.com, SMTP:lynn. lednicky@dynegy.com
smara@enron.com, SMTP: smaraGenron.com
Linda Lee, SMTP: linda. lee@®ferc. fed.us
Martha Altamar, SMTP:martha.altamar@ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SMTP:dan.poffenberger@ferc.ged.us,treas.gov
pmohler@hewm.com, SMTP:pmohler@hewm. com
richard.glick@hq.doe.gov, SMTP: richard.glick@hq.doe.gov
smutany@iepa.com, SMTP: smutany@iepa.com
karen.tomcala@pge-corp.com, SMTP:karen.tomcalalpge-corp.com
cxg2@pge.com, SMTP: cxg2@pge.com
DxH4@pge.com, SMTP:DxH4@pge.com
FMK4@pge.com, SMTP: RMK4@pge,. com
Joebob-perkins@reliantenergy.com, SMTP: joebob-perkins@reliantenergy.com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com
KMcCrea@Sablaw. com, SMTP:KMcCrea@sablaw.com
fieldejr@sce.com, SMTP: fieldejr@sce.com
harold, ray@sce.com, SMTP:harold.ray@sce.com
dreed@sdge.cam, SMTP: dreed@sdge.com
waakaria@sdge.com, SMTP: wsakaria@adge.com



prnennwoi End of message body

Message auditing by MicroData CAMEO Recon


Markets in Energy Derivatives
EXCHANGE TRADED FUTURES
[(b)(5)]


From: Wilcox, David
Sent: Thursday, February 21, 2002 12:44 AM
To: SearchCameo

CAMEO Recon found a word: Enron, Kenneth Lay sent by Posner, Steven to Wilcox, David;
Elmendorf, Douglas; Vandivier, David on 12/19/2000 6:30:39 PM

This message was found to have a Critical Word in it. Message Sent to Wilcox, David;
Elmendorf, Doug) Vandivier, David, From Posner, Steven, CC to , Date 12/19/2000 6:30:39
PM, Subject of message FW: More Wires from Mexico City

Word(s) found: Enron, Kenneth Lay

From: Posner, Steven

Sent: 12/19/2000 6:30:39 ?M

Received: 12/19/2000 6:30:39 PM

To: Wilcox, David, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=WILCOXD
Elmendorf, Douglas, EX:/O=USTREASURY/OU=D0/CN=RECIPIENTS/CH=ELMENDORFD
Vandivier, David, EX: /O=USTREASURY/OU=DO0/CN=RECIPIENTS/CN=VandivierD

ce:

Subject: Fa: More Wires from Mexico City
Body:

won| Original Message-----

From: Klasky, Helaine

Sent: Tuesday, December 19, 2000 6:16 PM
To: Longbrake, John; Gelpern, Anna; Kuhlow, Margaret; Truman, Ted; Gallagher, Una;
Posner, Steven; Buck, Bill; Klasky, Helaine; Strickler, Marie; Smith, Michelle A.

eS)

Subject: N.. Wires from Mexico City
DJ US Summers Lauds Reform Agenda Of Mexico's New Government

Dow Jones International News Service via Dow Jones

MEXICO CITY (Dow Jones)~-U.S. Treasury Secretary Lawrence Summers Tuesday met
with Mexico's newly-elected President Vincente Fox and his economic team and
declared that all are “focused” on pushing ahead with fiscal and structural
reform.

Summers was addressing reporters after an initial round of meetings Tuesday -
a day that marked the sixth anniversary of the devaluation of the Mexican peso,
which itself triggered a financial crisis only resolved by a $50 billion
international rescue plan that Summers himself played a large role in
orchestrating.

Fox's administration took over from former President Exnesto Zedillo at the
beginning of this month and Summers was careful to praise both the achievements
of the previous government and the potential for further gains under the new
administration.

“Someone mentioned to me this morning that today represents the sixth
anniversary of the peso devaluation. I'm atruck by how much has changed in that
time," Summers said.

"Mexico has experienced healthy growth. Mexico's fundamentals are far sounder
than they were then, with a feeling of optimism about the future,” he said.


cc:

shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov
sonnet.edmonds@southernenergy.com, SMTP: sonnet.edmondsSsouthernenergy.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
sjcapoma@seiworldwide.com, SMTP:sj}capoma@seiworldwide.com

smara@enron.com, SMTP: smara@enron.com

temoreland@swidlaw.com, SMTP:temoreland#swidlaw. com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy. com
waakaria@SDGE. com, SMTP:wsakaria@SDGE.com
Chris.Soares@do.treas.gov, SMTP:Chris.Soares@do. trea:
Ray. Squitieri@do.treas.gov, SMTP:Ray.Squitierié@do.tr

Gaylen, Barbour@do.treas.gov, SMTP:Gaylen.Barbour8do,.treas.gov

Subject: RE: California Energy Group - missing e-mail addresses

Body:

Roy's address is rmk4@pge.com

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

From: Michelle.Greene@do.treas.gov [mailto:Michelle.Greene@do.treas.gov]
Sent: Thursday, January 11, 2001 6:16 EM

To: Michelle.Greene@do.treas.gov; Veronica, Stokes@do.treas.gov;

alex. goldberg@williams.com: alexm@calpine.com: cread@steptoe.com: Greif,
Claudia; curtis.wagner@ferc. fed.us;

dan. poffenberger@ferc.ged.us.treas.gov; David.Wilcox@do.treas.gov;
dreed@SDGE.com: Hapner, Dede; harold. ray@sce.com; j.macias@calpine.com:
smutany@iepa.com; jason _s. seligmanfcea.eop.gov;
joebob-perkins@reliantenergy.com; joel. newton@dynegy. com;
fieldejr@sce.com; julia.greenisen@troutmansanders.com; Tomcala, Karen
(Corp); KMcCrea@sablaw.com; eisenstatl@DSMO.com; Lee.Sachs@do.treas.gov;
linda. leeBferc. fed.us; lynn. lednicky@dynegy.com;
martha.altamar@ferc.fed.us; mtierney@sempra.com; pmohler@hewm. com;

richard.glick@hq.doe.gov; rahayes iworldwide.com;
((o)( 0)(6)) a REK@pge.com; shg@cpuc.ca.govs
edmonds@southernenergy,com; sbvanleer@duke-energy. coms

ssonscna beeiwocldnide, com; smara@enron.com; temoreland@swidlaw. com:

Chris.5

allard@reliantenergy.com; wsakaria@SDGE.com;
os@do.treas.gov; Ray.Squitierifdo,treas.gov

Ce: Gaylen,Barbour@do,treas.gov
Subject: RE: California Energy Group - missing e-mail addresses

we still have incorrect e-mail addresses for the following people:

julie greenisen (sp.7) (troutman sanders)

roy kugen (sp.?) (pgse)

jim macias (calpine)

dan poffenberger (sp.?) (ferc)

if anyone knows their correct e-mails, please forward the document to them
and add the correct version of their e-mail to this group list. thanks.

vVV¥V¥V¥ VY VV

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

From: Greene, Michelle

Sent: Thursday, January 11, 2001 8:07 PM

To: Stokes, Veronica; ‘alex.goldberg@williams.com'; ‘Alex Makler';
‘Charles C, Read"; ‘Claudia Greif’; ‘Curtis Wagner Jr.'s
'dan.poffenberger@ferc.ged.us'; Wilcox, David; ‘Debra Reed’; ‘Dede
Hapner'; ‘Harold B. Ray’: ‘James Macias'; ‘Jan Smutney Jones’;
'jason_:
Fielder’; 'julia.greenisen@troutmansanders.com'; ‘Karen A, Tomcala';
‘Keith McCrea’; "Larry Eisenstat'; Sachs, Lee; ‘Linda Lee';

‘lynn. lednicky8dynegy.com'; "Martha Altamar'; ‘Michael Tierney’; ‘Paul
Mohler"; "Rich Glick'; "Rob Hayes"; 'Ross Ain '; '"RHK@pge.com'; "Sean
Gallagher’; ‘Sonnet Edmonds'; ‘Steve Vanleer'; "Steven Capomaccio'; ‘Sue
Mara"; ‘Terri Moreland'; ‘Tripp Ballard'; ‘Wayne Sakarias’

Cc: Barbour, Gaylen

Subject: RE: California Energy Group

_seligmanécea,eop.gov'’; ‘Joe Bob Perkins'; ‘Joel Newton’; ‘John



> please call at (202) 622-2245.

>

>

> << Message: California Energy Group >>

The information contained in this message from
Sutherland Asbill & Brennan LLP and any attachments
is confidential and intended only for the named
recipient(s). If you have received this message
in error, you are prohibited from copying,
distributing or using the information. Please
contact the sender immediately by return email

and delete the original message,

7777 End of message body
Message auditing by MicreData CAMEO Recon


From: Wolin, Neal

Sent: Thursday, February 21, 2002 1:03 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Klasky, Helaine to Posner, Steven; Smith,

Michelle A.; Weaver, Elizabeth, Gallagher, Una; Buck, Bill; Gensler, Gary; Sachs, Lee;
‘Stewart, Lawranne; Greene, Michelle; Wilcox, David; Elmendorf, Douglas; Vandivier, Dav

This message was found to have a Critical Word in it. Message Sent to Posner, Steven;
Smith, Michelle A.; Weaver, Elizabeth; Gallagher, Una; Buck, Bill; Gensler, Gary: Sachs,
Lee; Stewart, Lawranne; Greene, Michelle; Wilcox, David; Elmendorf, Douglas; Vandivier,
David; Sandberg, Sheryl: Stern, Todd; Cohen, Alan; Wolin, Neal; Moe, Martin, From Klasky,
Helaine, CC to , Date 1/12/2001 4:40:37 PM, Subject of message RE: wires - California
Power Talks

Word(s) found: Enron

Original Message-----

From: Klasky, Helaine

Sent: 1/12/2001 4:40:37 PM

Received: 1/12/2001 4:40:37 &M

To: Posner, Steven, EX: /OsUSTREASURY/OU*DO/CN=RECIPIENTS/CN=POSNERS

Smith, Michelle A., EX: /O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=SMITHM
Weaver, Elizabeth, £X:/O=sUSTREASURY/OU=DO/CN=RECI PIENTS/CN#WEAVERE
Gallagher, Una, £X: /O-USTREASURY/OU=DO/CH#RECI PIENTS/CNeGALLAGHERU
Buck, Bill, EX:/O=-USTREASURY/OU=DO/CN=RECIPIENTS/CN=BUCKW

Gensler, Gary, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=GENSLERS

Sachs, Lee, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SachsL

Stewart, Lawranne, EX: /O=USTREASURY/OU=DO0/CN=RECI PIENTS/CN=STEWARTLAW
Greene, Michelle, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=GREENEMI
Wilcox, David, ‘O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=WILCOXD
Elmendorf, Douglas, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=ELMENDORFD
Vandivier, David, EX: /O=USTREASURY/OU=DO/CN@RECIPIENTS/CN#*VandivierD
Sandberg, Sheryl, EX: /O*USTREASURY/OU*DO/CN®*RECIPIENTS/CN=DOM3. DOPOS. Sandbergs
Stern, Todd, EX: /O-USTREASURY/OU*DO/CN+RECIPIENTS/CN=DOM3.DOPOS.SternT
Cohen, Alan, EX:/O*USTREASURY/OU*DO/CN*RECI PIENTS/CN#DOM3.DOPOS. COHENA
Wolin, Neal, EXt/O*USTREASURY/OU*DO/CN*RECIPIENTS/CN#WOLINN

Moe, Martin, EX:/O-USTREASURY/OU*DO/CN@RECI PIENTS/CN=DOM3. DOPOS.MoeM

ce:
Subject: RE: wires - California Power Talks

Body:
{()(5)]

Original Message
From: Posner, Steven

Sent: Friday, January 12, 2001 4:29 PM

To: Smith, Michelle A.; Klasky, Helaine; Weaver, Elizabeth; Gallagher, Una; Buck, Bill;
Gensler, Gary; Sachs, Lee; Stewart, Lawranne; Greene, Michelle; Wilcox, David; Elmendorf,
Douglas; Vandivier, David; Sandberg, Sheryl; Stern, Todd; Cohen, Alan; Wolin, Neal; Moe,
Martin

Subject: Wires ~ California Power Talks

DJ Principals In Calif Pwr Talks Set To Reconvene Saturday

Dow Jones International News Service via Dow Jones

WASHINGTON (Dow Jones|}--The principal
House~-brokered talks to solve California's electricity crisis are slated to
reconvene here Saturday afternoon, the U.S. Treasury Department confirmed



cc:

*joebob-perkins@reliantenergy.com', SMTP: joebob-perkins@reliantenergy.com
*marvin_k_ballard@reliantenergy.com', SMTP:marvin_k_ballard@reliantenergy.com
copra haeed

"harold. ray@sce.com', SMTP: barcid, caybecs. com

“dreed@sdge.com', SMTP:dreed@sdge.com

*wsakaria@sdge.com', SMTP: wsakaria@sdge.com

*rahayes@seivorldwide.com', SMTP: rahayes@seiworldwide.com
*sjcapoma@seiworldwide.com’, SMTP:sjcapoma@seiworldwide.com
‘mtierney@sempra.com', SMTP:mtierney@sempra.com
"sonnet.edmonds@southernenergy.com’, SMTP: sonnet.edmonds@southernenergy. com
‘cread@steptoe.com', SMTP:cread@steptoe.com

*temoreland@swidlaw.com', SMTP: temoreland@swidlaw.com
*julie.greenisen@troutmansanders.com', SMTP: julie.greenisen@troutmansanders.com
*alex.goldberg@williams.com', SMTP:alex.goldberg@williams.com

. {(oy(@)] EX: /OsUSTREASURY/OU=DO/CN=RECI PIENTS/CN=Groupwise/cn=Treasury.DOPO.ADMIN
*xonald_minsk@opd.cop.gov', SHT?:ronald_minsk@opd.ecop.gov

*jmdonnell @duke-energy.com', SMTP: jmdonnell@duke-energy.com
"hipodewerGduke-energy.com', SMTP: hjpodewer@duke-energy.com
"bbailey@duke-energy.com’, SMTP:bbailey@duke-energy.com
‘njdeschane@duke-energy.com’, SMTP:njdeschane@duke-energy.com
*wthall@duke-energy.com', SMTP: wfhall @duke-energy.com
*sbvanleer@duke-energy.com’, SMTP: sbvanleer@duke-energy.com

*rmk4@pge.com’, SMTP: rmk4@pge.com

"ddrO@pge.com', SMTP:ddr0@pge.com

"rjp2@pge.com', SMTP: rjp28pge.com

*starkle@sce.com', SMTP: starkle§sce.com

"john. gammie@williams.com', SMTP: sohn.gammie@williams.com

"sonnet .edmonds@southernenergy.com’, SMTP: sonnet .edmonds@southernenergy.com
*rahayes@seiworlde.com’, SMTP: rahayes@seiworlde.com

*sjcapoma@seiworlde.com', SMTP:sjcapomaGseiworlde.com

"reharris@seiworlde.com', SMTP:reharr iworlde.com

*smfuller@seiworlde.com', SMTP: smfull
*dimiller@seiworld.com’, SMIP:dlmiller@seiworld.com

*jwholden@seiworlde.com', SMTP: jwholden@seiworlde.com

‘julie. greenisen@troutmansanders.com', SMTP:julie.greenisen@troutmansanders.com
*richard.shapiro@enron.com', SMTP: richard.shapiro@enron.com
*robert.badeer@enron,com', SMTP: robert.badeer@enron.com

Wilcox, David, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=WILCOXD

Barbour, Gaylen, EX: /OpUSTREASURY/OU*DO/CN*RECIPIENTS/CN*BARBOURG
"Curtis Wagner’, SMTP: curtis.wagner@ferc. fed.us

Subject: RE: California Energy Group e-mail TEST MESSAGE

Body:

End of message body

Message auditing by MicroData CAMEO Recon


From: Sachs, Lee

Sent: Wednesday, February 20, 2002 11:55 PM

To: SearchCameo

Subject: CAMEO Recon found a word: Enron sent by Linda Lee to alexm@calpine.com;
jmacias@calpine com; Jenn _._stomntrce: 20p.gov; shg@cpuc.ca gov,
Chris. Soares@do.treas gov; David Wilcox@bdo treas gov; Lee. Sachs@do.treas.gov;

Michelle Greene®3do treas, gov; Ray.Sq

This message was found to have a Critical Word in it. Message Sent to alexm@calpine.com;
jmacias@calpine.com; jason_s. seligmanfcea.eop.gov; shg@cpuc.ca.gov;
Chris.Soares@do.treas.gov; David.Wilcox@de.treas.gov; Lee. Sachs@do.treas.gov;
Michelle.Greene@do.treas.gov; Ray. Squitieri@do.treas.gov; Veronica.Stokes@do.treas.gov;
eisenatatl@DSMO.com; sbvanleer@duke-energy.com; joel.newton@dynegy. com;

lynn. lednicky@dynegy.com; smarafenron.com; Curtis Wagner; Martha Altamar;
dan.poffenberger$ferc.ged.us.treas.gov; pmohler@henm.com; richard. glick@hq.doe.gov;
smutany@iepa.com; karen.tomcala§pge-corp.com; cxg2@pge.com; DxH4@pge.com; RMK4@pge. com;
joehob-perkins@reliantenergy.com; marvin_k_ballard@reliantenergy.com; KMcCrea@sablaw.com
fieldejr@sce.com: harold,ray@sce.com; dreed@sdge.com: wsakariabsdge,com:
rahayes@seiworldwide.com; sjcapoma@seiworldwide.com; mtierney@sempra.com:
sonnet.edmonds@southernenergy.com; cread@steptoe.com: temoreland@swidlaw.cam;
julie.greenisen@troutmansanders.com: slez, goldbeng@etliaas cont (8)] e
From Linda Lee, CC to Gaylen.Barbour@do.treas.gov, Date 1/12/2001 8:55:39 AM, Subject of
message RE: California Energy Group e-mail

Word(s) found: Enron

wocen ‘Original Message-----

From: Linda Lee

Sent: 1/12/2001 8:55:39 AM

Received: 1/12/2001 8:54:53 AM

To: alexm§calpine.com, SMTP:alexm@calpine.com
jmacias@calpine.com, SMTP: jmacias@calpine.com
jason_s._seligmanfcea.cop.gov, SMTP:jason_s._seligman@cea.eop.gov
shg@cpuc.ca.gov, SMTP: shg@cpuc.ca.gov
Chris.Soares@do.treas.gov, SMIP:Chris.Soares@do.treas.gov
David.Wilcox@do.treas.gov, SMTP:David.Wilcox@do.treas.gov
Lee, Sachs@do.t gov, SMTP:Lee.Sachs@do.treas.gov
Michelle.Greene@do.treas.gov, SMTP:Michelle.Greene@do.treas.gov
Ray. Squitieri@de.treas.gov, SUTP:Ray.Squitieri@do.treas.gov
Veronica, Stokes@do.treas.gov, SMTP: Veronica. Stokes@do.treas. gov
eisenstatl@DSMO.com, SMTP:eisenstatl@DSMO.com
sbvanleer@duke-energy.com, SMTP: sbvanleer@duke-energy.com
jJoel.newton@dynegy.com, SMTP: joel.newton@dynegy.com
ly ednicky@dynegy.com, SMTP:lynn. lednicky@dynegy.com
smara@enron.com, SMTP: smara@enron.com
Curtis Wagner, SMTP:curtis.wagner@ferc. fed.us
Martha Altamar, SMTP:martha.altamar@ferc. fed.us
dan.poffenberger@ferc.ged.us.treas.gov, SMTP:dan.poffenberger@ferc.ged.us,treas.gov
pmohler@hewm.com, SMTP:pmohler@hewm. com
richard.glick@hq.doe.gov, SMTP: richard.glick@hq.doe.gov
smutany@iepa.com, SMTP: smutany@iepa.com
karen.tomcala@pge-corp.com, SMTP:karen.tomcalalpge-corp.com
cxg2@pge.com, SMTP: cxg2@pge.com
DxH4@pge.com, SMTP:DxH4@pge.com
FMK4@pge.com, SMTP: RMK4@pge,. com
Joebob-perkins@reliantenergy.com, SMTP: joebob-perkins@reliantenergy.com
marvin_k_ballard@reliantenergy.com, SMTP:marvin_k_ballard@reliantenergy.com
KMcCrea@Sablaw. com, SMTP:KMcCrea@sablaw.com
fieldejr@sce.com, SMTP: fieldejr@sce.com
harold, ray@sce.com, SMTP:harold.ray@sce.com
dreed@sdge.cam, SMTP: dreed@sdge.com
waakaria@sdge.com, SMTP: wsakaria@adge.com



By Bryan Lee, Dow Jones Newswires, 202-862-6647, bryan. lee@dowjones.com

(END) Dow Jones Newswires 12-01-01
21006MT

{AP-DJ=-01-12-01 2100GMT)

2TICKER: EIX PCG SRE

?SUBJECT: EVTL STGO DI7 DI1 DI4 DIZ CA COBO COMM
Copyright (¢) 2001 Dow Jones and Company, Inc.
Received by NewsEDGE/LAN: 1/12/01 3:55 PM

Calif power talks aim to reach solution on Saturday

WASHINGTON, Jan 12 (Reuters) - Treasury Secretary Lawrence
Summers, other senior Clinton administration officials and top
executives of electric power companies tentatively planned to
meet on Saturday to finalize a fix for California's power mess,
a source close to the negotiations said on Friday.

The high-level meeting was set to take place at the Energy
Department at 3:30 p.m. EST (2030 GHT), with some California
officials participating via teleconference, the source said.

The te narrowly averted rolling power blackouts on
Thursday as already tight supplies of electricity fell to
Gangerously low levels because of a severe storm.

Friday marked the fourth day of negotiations among
lower-level aides to map out detailed proposals for short- and
long-term solutions to California's chronic electricity
shortage and skyrocketing prices.

If the Friday talks failed to make as much progress as
hoped, the Saturday session could be downgraded to another day
of negotiations among lower-level officials on technical
issues, according to another source.

Summers and Energy Secretary Bill Richardson launched the
negotiations on Tuesday to prevent the bankruptcy of PGsE Corp
<PCG.N> and Edison International <EIX.N>, which could ripple
throughout the national economy.

Both utilities say they have run out of cash because of
runaway prices wholesale power, which are now tenfold higher
than one year ago. Under California's landmark 1996
deregulation law, the higher wholesale prices cannot be passed
through to consumers.

The two utilities want a 90-day reprieve in repaying
billions of dolla te out-of-state power generators, as well
as the ability to sign long-term contracts to lock in lower
prices.

( (washington. commodsenergy.newsroom@reuters.com) }

REUTERS
Rte 15:29 01-12-01

sTICKER: PCG EIX

SUBJECT: CRUD COBO MU ENER UTIL USA
Copyright (c) 2001 Reuters

Received by NewsEDGE/LAN: 1/12/01 3:24 PM

=DJ POWER POINTS: By The Numbers, Calif Pwr Deal Looks Good
Dow Jones International News Service via Dow Jones

By Mark Golden
A Dow Jones Newswires Column


{((b)(5)]


rahayes@seiworldwide.com, SMTP: rahayes@selworldwide.com

iworldwide.com, SMTP:sjcapoma@seiworldwide.com
mtierney@sempra.com, SMTP:mtierney@sempra.com
sonnet.edmonds@southernenergy.com, SNTP:sonnet .edmonds@southernenergy.com
cread@steptoe.com, SMTP:cread@steptoe.com

temoreland@swidlaw.com, SMTP: temoreland@swidlaw. com
julie.greenisen@troutmansanders.com, SMTP: julie. greenisen@troutmansanders.com
alex.goldberg@williams.com, SMTP:alex.qoldberg@williams.com

((b)(6)]

CC: Gaylen.Barbourédo.treas.gov, SMTP:Gaylen.Barbourédo.treas.gov

Subject: RE: California Energy Group e-mail
Body:
Looks good te me. Curtis L. Wagner, Jr, Chief Judge FERC

>>> <Chris.Soares@do.treas.gov> 01/12/01 01:33PM >>>
Latest version of Long-Term Contracts Group report.

s caeataiane End of message body
Message auditing by MicroData CAMEO Recon


From: Wilcox, David
Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo

CAMEO Recon found a word: Enron sent by Susan.J. Mara@enron.com to
David wilcox@do.treas gov, lee.sachs@do,treas,gov on 1/10/2001 11:14:19 PM

This message waa found to have a Critical Word in it. Message Sent to
David.wilcox@do.treas.gov; lee.sachs@do.treas.gov, From Susan.J.Mara@enron.com, CC to ,
Date 1/10/2001 11:14:19 PM, Subject of message More thoughts

Word(s) found: Enron

From: Susan.J.Mara@enron.com

Sent: 1/10/2001 11:14:19 2M

Received: 1/10/2001 11:11:51 PM

To: David.wilcox@do.treas.gov, SMTP: David.wilcoxfdo.treas.gov

lee.sachs@do.treas.gov, SMTP: lee.sachs@do.treas.gov
ccs
Subject: More thoughts
Body:
Lee,

I'm checking on the "market in the west at 5.5 cents” question. I'll let
you know.

David and Lee,

It seems that everyone has pretty much put their big issues out on the
table for consideration in package of solutions. I've been concerned. No
one has been talking about the retail markets. We have spent four years
protecting the utilities and getting them “ready” for retail competition.
I've personally spent much of my life those four years arguing with the
utilities and the CPUC to achieve any tiny movement toward a fair, open
and non-discriminatory market for retail suppliers (other than the
utilities, Enron is the only retail supplier in the room),

Therefore, we cannot move forward with these new subsidies and bailouts
unless the utilities and the state agree to take definitive steps to make
the retail market work. To move this thinking forward, I will prepare a
few points of the kinds of steps we would want to see part of the
overall package.

Sue Mara
------ End of message body

Message auditing by MicroData CAMEO Recon


responsible for delivering this confidential communication to the intended recipient, you
have received this communication in error, and any review, use, dissemination, forwarding,
printing, copying, or other distribution of this e-mail message and any attached files is
strictly prohibited. If you have received this confidential communication in error, please
notify the sender immediately by reply e-mail message and permanently delete the original
message,

To reply to cur email administrator directly, send an email to postmaster@dsmo.com
Dickstein Shapiro Morin & Oshinsky LLP

http://www. legalinnovators.com

oonne - End of message body

Message auditing by MicroData CAMEO Recon


{(b)(5)]


DRAFT PREPARED FOR CONFIDENTIAL SETTLEMENT DISCUSSIONS

{(b)(4)]


change of sentiment,” added Logan.

-Steven Vames; Dow Jones Newswires; 201-938-2206; steven. vames@dowjones.com

UPDATE 1-Summers says U.S. economy slowing but sound
(Adds quotes, background throughout)

By Knut Engelmann

MEXICO CITY, Dec 19 (Reuters) ~ U.S. Treasury Secretary
Lawrence Summera said on Tuesday some slowing in the rapid
growth rate of the U.S. economy was inevitable, but insisted
the fundamentale for continued expansion were in place.

"Some deceleration of growth was almost inevitable
following the rapid growth earlier this year,” Summers told
reporters after meeting Mexican President Vicente Fox and
members of his economic team.

"But I believe that there are a number of strong
fundamentals in place that will be very helpful for the economy
going forward," he added,

Summers cited the spread of technology, a healthy financial
system and a record of fiscal discipline over recent years as
some factors that would help ensure the nation's record
expansion will continue past its 10th year.

His commenta came just hours after the Federal Reserve
voted to leave key interest ra unchanged at its final policy
meeting for this year. But at the same time, the U.3. central
bank decided to open the door to rate cuts in the near future
by stressing ft now sees an economic slowdown as the main
threat to the world's biggest economy.

President-elect George W. Bush and Vice President-elect
Dick Cheney, who will take over the White House in January,
have been suggesting the economy was in fact slowing so rapidly
that there was a chance of recession ahead.

They have used the evidence of a slowing economy to
buttress their call for an across-the-board tax cut of $1,3
trillion, saying it would provide much-needed stimulus.

DON'T COUNT ON ME

Summers, who has been a vocal critic of Bush's economic
plans, said while he saw some room for “appropriately targeted
tax relief", the key to future prosperity lay in using bulging
government budget surpluses to pay the nation’s debt. That
would help keep interest rates down and boost investment, he
said,

Clinton administration officials want to ensure part of
their legacy is eight years of unbroken expansion, rather than
to allow an impression that the economy was on a steep slide as
their term in office nears an end.

Summers, on what was likely his last trip abroad as
Treasury secretary, indicated that he would not be available to
semain in the top Treasury job after Sush takes over the reins
in Washington, countering speculation that he may stay on at
least temporarily.

"I'm sure the President-elect certainly has many capable
people among those who worked on his campaign and who were
supportive of his campaign,” he said.

Summers declined to give any advice to Bush and his
economic team on how they should handle what many forecasters
expect will be a substantial slowdown in U.S. growth.

Some analys’ have worried that the Bush team's repeated
use of the word “recession” -- officially defined as two
successive quarters of negative growth -- could backfire and
turn into a self-fulfilling prophecy.

"I don't have any counsel to provide, certainly not in
public, to the next administration," Summers said.





square) at 9am tomorrow. any questions, please call lee sachs's office at
622-2245. thanks.

<< File: Working Group report 4.doc >>

>
>
>
>
>
> ~----Original Message----~

> From: Stokes, Veronica

> Sent: Thursday, January 11, 2001 4:56 PM

> To: Alex Goldberg; Alex Makler; Charles C. Read; Claudia

> Greif; Curtis Wagner Jr.; Dan Poffenberger; David Wilcox; Debra Reed; Dede
> Hapner; Harold B. Ray; James Macias; Jan Smutney Jones; Jason Seliyman;

> Joe Bob Perkins; Joel Newton; John Fielder; Julia Greenisen; Karen A.

> Tomeala; Keith McCrea; Larry Eisenstat; Lee Sachs; Linda Lee; Lynn

> Lednickys Martha Altamar; Michael Tierney; Paul Mohler; Rich Glick; Rob

> Mayes; Ross Ain ; Roy Kuga; Sean Gallagher; Sonnet Edmonds; Steve Vanleer;
> Steven Capomaccio; Sue Mara; Terri Moreland; Tripp Ballard; Wayne Sakarias
> Cct Greene, Michelle; Barbour, Gaylen

> Subject: Fu; California Energy Group

>
>
>
>
*
>
>
>

This is a test to provide a comprehensive listing for those
who participated in the Treasury Department California Energy Group
meetings this week. If you know of anyone else who should be added to

this list, pl call at (202) 622-2245.

<< Message: California Energy Group >>
wreeee End of message body
Message auditing by MicroData CAMEO Recon


From: Wilcox, David

Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Susan.J. Mara@enron.com to
(x9), ; david wilcox@@do.treas gov; lee sachs@do.treas.com on 1/11/2001
131

Making a Retail
Market That Wo...
This message was found to have a Critical Word in it. Message Sent to

j_seligman@yahoo.com; david.wilcox@do.treas.gov; lee,sachs@do.treas.com, From
Susan.J,Mara@enron.com, CC to , Date 1/11/2001 3:13:17 PM, Subject of message New Doc for
our meetings

Word(s) found: Enron

aonen Original Nessage-----

From: Susan.J.MaraGenron. com

Sent: 1/11/2001 3:13:17 PM

Received: 1/11/2001 3:11:03 PM

ror [(b\6)}
lavid.wilcox@do.treas.gov, SMTP:david.wilcox@do.treas.gov
lee. sachs@do.treas.com, SMTP: lee.sachs@do.treas.com

ce:

Subject: New Doc for cur meetings

Body:

Here I go tilting at windmills again. Could someone please print this out
and bring it over to our meetings? Thanks.

Enron
Sue Mara

(See attached file: Making a Retail Market That Works.doc)
------ End of message body

Message auditing by MicroData CAMEO Recon


From: Wilcox, David

Sent: Thursday, February 21, 2002 12:47 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Klasky, Helaine to Posner, Steven; Smith,

Michelle A.; Weaver, Elizabeth, Gallagher, Una; Buck, Bill; Gensler, Gary; Sachs, Lee;
‘Stewart, Lawranne; Greene, Michelle; Wilcox, David; Elmendorf, Douglas; Vandivier, Dav

This message was found to have a Critical Word in it. Message Sent to Posner, Steven;
Smith, Michelle A.; Weaver, Elizabeth; Gallagher, Una; Buck, Bill; Gensler, Gary: Sachs,
Lee; Stewart, Lawranne; Greene, Michelle; Wilcox, David; Elmendorf, Douglas; Vandivier,
David; Sandberg, Sheryl: Stern, Todd; Cohen, Alan; Wolin, Neal; Moe, Martin, From Klasky,
Helaine, CC to , Date 1/12/2001 4:40:37 PM, Subject of message RE: wires - California
Power Talks

Word(s) found: Enron

Original Message-----

From: Klasky, Helaine

Sent: 1/12/2001 4:40:37 PM

Received: 1/12/2001 4:40:37 &M

To: Posner, Steven, EX: /OsUSTREASURY/OU*DO/CN=RECIPIENTS/CN=POSNERS

Smith, Michelle A., EX: /O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=SMITHM
Weaver, Elizabeth, £X:/O=sUSTREASURY/OU=DO/CN=RECI PIENTS/CN#WEAVERE
Gallagher, Una, £X: /O-USTREASURY/OU=DO/CH#RECI PIENTS/CNeGALLAGHERU
Buck, Bill, EX:/O=-USTREASURY/OU=DO/CN=RECIPIENTS/CN=BUCKW

Gensler, Gary, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=GENSLERS

Sachs, Lee, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SachsL

Stewart, Lawranne, EX: /O=USTREASURY/OU=DO0/CN=RECI PIENTS/CN=STEWARTLAW
Greene, Michelle, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=GREENEMI
Wilcox, David, ‘O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=WILCOXD
Elmendorf, Douglas, EX:/O=USTREASURY/OU=DO/CN=RECIPIENTS/CN=ELMENDORFD
Vandivier, David, EX: /O=USTREASURY/OU=DO/CN@RECIPIENTS/CN#*VandivierD
Sandberg, Sheryl, EX: /O*USTREASURY/OU*DO/CN®*RECIPIENTS/CN=DOM3. DOPOS. Sandbergs
Stern, Todd, EX: /O-USTREASURY/OU*DO/CN+RECIPIENTS/CN=DOM3.DOPOS.SternT
Cohen, Alan, EX:/O*USTREASURY/OU*DO/CN*RECI PIENTS/CN#DOM3.DOPOS. COHENA
Wolin, Neal, EXt/O*USTREASURY/OU*DO/CN*RECIPIENTS/CN#WOLINN

Moe, Martin, EX:/O-USTREASURY/OU*DO/CN@RECI PIENTS/CN=DOM3. DOPOS.MoeM

ce:
Subject: RE: wires - California Power Talks

Body:
{()(5)]

Original Message
From: Posner, Steven

Sent: Friday, January 12, 2001 4:29 PM

To: Smith, Michelle A.; Klasky, Helaine; Weaver, Elizabeth; Gallagher, Una; Buck, Bill;
Gensler, Gary; Sachs, Lee; Stewart, Lawranne; Greene, Michelle; Wilcox, David; Elmendorf,
Douglas; Vandivier, David; Sandberg, Sheryl; Stern, Todd; Cohen, Alan; Wolin, Neal; Moe,
Martin

Subject: Wires ~ California Power Talks

DJ Principals In Calif Pwr Talks Set To Reconvene Saturday

Dow Jones International News Service via Dow Jones

WASHINGTON (Dow Jones|}--The principal
House~-brokered talks to solve California's electricity crisis are slated to
reconvene here Saturday afternoon, the U.S. Treasury Department confirmed



DRAFT PREPARED FOR CONFIDENTIAL SETTLEMENT DISCUSSIONS

((b)(4)}


{(b)(5)]


square) at 9am tomorrow. any questions, please call lee sachs's office at
622-2245. thanks.

<< File: Working Group report 4.doc >>

>
>
>
>
>
> ~----Original Message----~

> From: Stokes, Veronica

> Sent: Thursday, January 11, 2001 4:56 PM

> To: Alex Goldberg; Alex Makler; Charles C. Read; Claudia

> Greif; Curtis Wagner Jr.; Dan Poffenberger; David Wilcox; Debra Reed; Dede
> Hapner; Harold B. Ray; James Macias; Jan Smutney Jones; Jason Seliyman;

> Joe Bob Perkins; Joel Newton; John Fielder; Julia Greenisen; Karen A.

> Tomeala; Keith McCrea; Larry Eisenstat; Lee Sachs; Linda Lee; Lynn

> Lednickys Martha Altamar; Michael Tierney; Paul Mohler; Rich Glick; Rob

> Mayes; Ross Ain ; Roy Kuga; Sean Gallagher; Sonnet Edmonds; Steve Vanleer;
> Steven Capomaccio; Sue Mara; Terri Moreland; Tripp Ballard; Wayne Sakarias
> Cct Greene, Michelle; Barbour, Gaylen

> Subject: Fu; California Energy Group

>
>
>
>
*
>
>
>

This is a test to provide a comprehensive listing for those
who participated in the Treasury Department California Energy Group
meetings this week. If you know of anyone else who should be added to

this list, pl call at (202) 622-2245.

<< Message: California Energy Group >>
wreeee End of message body
Message auditing by MicroData CAMEO Recon


From: Wilcox, David

Sent: Thursday, February 21, 2002 12:44 AM

To: SearchCameo
CAMEO Recon found a word: Enron sent by Flanagan, Rosemary to Summers, Larry on
12/15/2000 11:41:30 AM

calif elec Krugman:
dw 1215.doe...
This meseage was found to have a Critical Word in it. Message Sent to

Summers, Larry, From Flanagan, Rosemary, CC to Wilcox, David; Sandberg, Sheryl; Moe,
Martin; Vandivier, David; Squitieri, Ray; Auten, John; Mendershot, Karen; Cononi, Rachel;
Flynn, Timothy, Date 12/15/2000 11:41:30 AM, Subject of message Paul Krugman’s Claims
about the California Power Market

Word(s) found: Enron

Seatabeten ‘Original Message----~

From: Flanagan, Rosemary

Sent: 12/15/2000 11:41:30 AM

Received: 12/15/2000 11:41:30 AM

To: Summera, Larry, EX: /O*USTREASURY/OU=00/CN*RECIPIENTS/CN=SUMMERSL

ce: Wilcox, David, EX: /O-USTREASURY/OU-DO/CN+RECIPIENTS/CN=WILCOXD
Sandberg, Sheryl, EX: /O-USTREASURY/OU=DO/CN*RECIPIENTS/CN*DOM3.DOPOS.SandbergS
Moe, Martin, EX! /O-USTREASURY/OU#DO/CN*RECIPIENTS/CN=DOM3.DOPOS.MoeM
Vandivier, David, EX: /O-USTREASURY/OU=DO/CN=RECIPIENTS/CN*VandivierD
Squitieri, Ray, EX: /OsUSTREASURY/OU=D0/CN«RECIPIENTS/CN«SQUITIERIR
Auten, John, EX: /O=USTREASURY/OU=DO/CN=RECI PIENTS/CN#AUTEND
Hendershot, Karen, &X:/O=USTREASURY/OU=DO/CN=RECI PIENTS/CN=HENDERSHOTK
Cononi, Rachel, EX: /O=USTREASURY/OU<=DO/CN=RECI PIENTS/CN=CONONIR
Flynn, Timothy, £X:/O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=FlynnT

Subject: Paul Xrugman’s Claims about the California Power Market
Body:

The attached note, prepared by Ray Squitieri, analyzes statements made by Paul Krugman
recently about the California market for electricity. It will be particularly relevant
background for a call from the CEO of Enron, should that occur.

cooeee End of message body

Message auditing by MicroData CAMEO Recon


LOOKING GOOD

Summers’ visit to Mexico comes six years to the day after
the country was forced into devaluing its peso currency,
setting off a deep economic crisis that eventually prompted the
U.S. Treasury to put together a massive $50 billion
international rescue package for its ailing neighbor.

Summers, who at the time was Under Secretary for
International Affairs, was the key architect of the bailout.

“I'm struck by how much has changed since that time,” he
said. "Mexico has experienced healthy growth and Mexico's
fundamentals are far sounder than they were then. There's a
feeling of optimism about the future.”

Summers said Mexico's leaders were “very focused” on the
need for fiscal and structural reforms that would help Mexico
maintain strong economic growth even in the face of a slowdown
north of its borders.

Mexico's growth is widely expected to slow to around 4.5
percent next year from an expected 7,1 percent this year.

Mexico's new government is trying to push through Congress
a 2001 budget which contains spending freezes and increased tax
revenues.

The 2001 budget is the first major hurdle for Fox, who took
office on Dec, 1, ending a 7l-year run in the Mexican
presidency by the Institutional Revolutionary Party. Fox's
conservative National Action Party does not have enough votes
in Congress to pass the budget without opposition support.

REUTERS
Rtr 17:44 12-19-00

eee End of message body
Message auditing by MicreData CAMEO Recon


rahayes@seiworldwide.com, SMTP: rahayes@selworldwide.com

iworldwide.com, SMTP:sjcapoma@seiworldwide.com
mtierney@sempra.com, SMTP:mtierney@sempra.com
sonnet.edmonds@southernenergy.com, SNTP:sonnet .edmonds@southernenergy.com
cread@steptoe.com, SMTP:cread@steptoe.com

temoreland@swidlaw.com, SMTP: temoreland@swidlaw. com
julie.greenisen@troutmansanders.com, SMTP: julie. greenisen@troutmansanders.com
alex.goldberg@williams.com, SMTP:alex.qoldberg@williams.com

((b)(6)]

CC: Gaylen.Barbourédo.treas.gov, SMTP:Gaylen.Barbourédo.treas.gov

Subject: RE: California Energy Group e-mail
Body:
Looks good te me. Curtis L. Wagner, Jr, Chief Judge FERC

>>> <Chris.Soares@do.treas.gov> 01/12/01 01:33PM >>>
Latest version of Long-Term Contracts Group report.

s caeataiane End of message body
Message auditing by MicroData CAMEO Recon


From: Wilcox, David

Sent: Thursday, February 21, 2002 12:51 AM
To: SearchCameo
Subject: CAMEO Recon found a word: Enron sent by Wilcox, David to ‘Susan.J Mara@enron.com' on

1/11/2001 12:37:57 AM

This message waa found to have a Critical Word in it. Message Sent to
‘Susan.J.Mara@enron.com', From Wilcox, David, CC to Sachs, Lee, Date 1/11/2001 12:37:57
AM, Subject of message RE: More thoughts

Word(s) found: Enron

From: Wilcox, David

Sent: 1/11/2001 12:37:57 AM

Received: 1/11/2001 12:37:57 AM

To: *Susan.J.Mara@enron.com', SMTP:Susan.J.Mara@enron.com

cc: Sachs, Lee, EX: /O=USTREASURY/OU=D0/CN=RECIPIENTS/CN=SachsL

Subject: RE: More thoughts
Body:
I'll be interested to see more specifically about what you have in mind.

onooe Original Message~---~

From: Susan.J.Mara@enron.com [mailto:Susan.J.Mara@enron.com])
Sent: Wednesday, January 10, 2001 11:14 PM

To: David.wilcox@do.treas.gov; lee.sachs@do.treas.gov
Subject: More thoughts

Lee,

I'm checking on the “market in the west at 5.5 cents" question. I'll let
you know,

David and Lee,

It seems that everyone has pretty much put their big issues out on the
table for consideration in package of solutions. I've been concerned. No
one has been talking about the retail markets. We have spent four years
protecting the utilities and getting them “ready” for retail competition.
I've personally spent much of my life those four years arguing with the
utilities and the CPUC to achieve any tiny movement toward a fair, open
and non-discriminatory market for retail suppliers (other than the
utilities, Enron is the only retail supplier in the room).

Therefore, we cannot move forward with these new subsidies and bailouts
unless the utilities and the state agree to take definitive steps to make
the retail market work. To move this thinking forward, I will prepare a
few points of the kinds of steps we would want to see as part of the
overall package.

Sue Mara
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Friday.

The resumption of high-level talks among top-ranking officials representing
the Clinton administration, California, and utilities and power suppliers will
take place at U.S. Department of Energy headquarters at 3:30 p.m. EST.

California Gov, Gray Davis and other key state regulators and lawmakers are to
participate via a video conferencing link,

The pivotal negotiating session comes after two working groups involving
lower-level officials have met since Wednesday in an effort to flesh out the
details of a broad settlement package the principals discussed late Tuesday
during a seven-hour meeting at the Treasury Department.

Knowledgeable sources described Treasury Secretary Lawrence Summers as taking
an active role in attempting to forge an agreement during Tuesday's talks, which
also featured Energy Secretary Bill Richardson, White House economic adviser
Gene Sperling and Federal Energy Regulatory Commission Chairman James Hoecker,

Richardson, who is traveling this weekend in an effort to lobby oil-producing
nations against a pending production cut, will not be attending Saturday's
session.

The working group meetings will wrap up sometime Friday, the Treasury
Department said.

The two groups have separately addressed the two primary features of the
proposed settlement, which involve moving the state's financially ailing
utilities out of volatile spot power markets and into fixed-price forward
contracts while power producers agree to "forbearance" on the huge debt owed by
the utilities

The forbearance and contracts working groups have been meeting separately, and
were to convene a joint session late Friday to compare notes before reporting
back to the principal negotiators who will cut any final deal.

Those familiar with the talks have expressed a mix of pessimism and cptimism
that a final deal can be struck, given what they described as unrealistic
bargaining demands by Gov. Davis.

He has firmly rejected retail rate increases and resisted demands for the
atate to guarantee the nearly $12 billion utilities have paid over the last
eight months for wholesale power but been unable to pass along under
state-mandated frozen retail rates.

Further complicating the talks have been demands by Davia that the proposed
long-term power contracts be at rates far below the production costs of
electricity generators.

But lately the pessimism has been tempered by signals that Davis may be
persuaded to relent Saturday in his opposition to a state-backed securitization
of the utilities’ undercollections.

“Let's see their plan, and then wo'll talk about that," Steve Maviglio, the
governor's spokesman, said late Thursday.

Davis reportedly has been under increasing pressure from Wall Street and
Clinton administration officials to reconsider his opposition to securitization.

Without a state credit guarantee, a work-out plan can't be struck, the
utilities will enter bankruptcy and the state's power grid will collapse inte
blackouts, sources familiar with the talks warn.

The affected utilities are Southern California Edison Co., a unit of Edison
International (EIX], and Pacific Gas & Electric Co., a unit of PG&E Corp. (PCG).