Problem: BODY: Sara, I sent you an invitiation to a meeting earlier today and noticed that I scheduled it for last Saturday; my apologies. Anyway, Louis and I are trying to get together with you and Alan Aronowitz to get up to speed on the status of Live CP's that were sent Demand Letters and to begin determining a process for moving ahead with terminated CP's. We are able to meet in your building at whatever time works best for yours and Alan's schedules. Mike Bridges
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A: SUBJECT: Live and Terminated CP status update

Problem: BODY: PLEASE NOTE: This email includes several items. (1) the call in information for Friday's conference call; (2) a summary of yesterday's conference call (from Jeff Dasovich, Enron); (3) two documents that list the contact information we have received to date (please email Steve Kean @ skean.enron.com if any changes/additions need to be made to the list). As we receive more contact information, revised lists will be emailed to everyone.
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A: SUBJECT: FROM STEVE KEAN re Friday Conf Call, etc.

Problem: BODY: Tom has come to a decision on what to do with the ubiquitous accrual value. 60% of this value should be credited to Greg's Transport expense on a monthly basis. Tom, in turn, will cover Ed on this portion of the expense. For example: Accrual Value comes out to be $300,000 for the month of April. This means that: Greg's portion of this value is 60% of $300,000 = $180,000 Tom's portion of this value is 40% of $300,000 = $120,000 Greg's Transport Expense is ($700,000) So, Tom will cover $180,000 of this expense Greg's adjusted Expense is ($520,000) Greg's P&L is net better off by the $180,000 of accrual value Tom's P&L is net better off by $120,000 of accrual value which had not been previously recognized. Ed's P&L is net unchanged from all of the above. Call with questions. Eric x3-0977
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A:
SUBJECT: FINAL DECISION ON ACCRUAL VALUE