Q: Diana and Sean: Just wondering if you happen to know how the scheduling volume in these two deals work? I believe when we liquidate at the beginning of this month (for example, 8/2) , the volume was zero in stead of 50MW/hr in scheduling. Would you advise how the "timing" of entering the volume in scheduling was determined? I am asking because it looks like for the first few days of this month we didn't liquidate anything because at the time the volume in scheduling was zero. If somebody added the volume later, we will need to know in order to correct total liquidations before the "incomplete liquidations" get to Settlements at month-end. Please advise, thanks!! !
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A: STNW deal#519874 and 519875 w-PGE
IN: Ken Bentsen deserves your thanks and a note or a phone call from you. (see below for phone number and address). I called Congressman Bentsen yesterday to express the Partnership's support on the Trade Promotion Authority (TPA) bill. Yesterday, the bill passed in Congress by one vote (215 to 214). Ken Bentsen's vote made the difference. When I spoke with him, he told me how difficult it would be for him to make that vote, and that he had been lobbied hard by the labor unions, the Cabinet and the President. I urged him to vote for the bill and told him what the impact would be to Houston and the region*. In the final analysis, the bill passed thanks to your fellow Houstonian

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OUT: Congressman Bentsen and the Trade Promotion Authority
IN: This is an email
Jeff, I don't believe the offer I showed you of $39 M is unreasonable. In fact the team had recommended $42 M based on a number of measures. I see the 6X multiple of annualized Q2 earnings as one of the best measures of the potential value of this company. I don't see it in the best interests of Enron to be transferring assets below a reasonable market value between business units. You can trust that I will be keeping the Energy Capital Resources team's feet to the fire on the realization of this value if you do not purchase the company. If you and Steve can come up with a better indication of value, I will support that transaction. Regards

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OUT: C-Gas
QUESTION: Gaurav: Please add Bruce Wright's name on our side from LeBeouf. His e-mail address is pwright@llgm.com. I have e-mailed Rick Gieryn to let him know to add him to tomorrow's distribution. Carol
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ANS: Additional Name
A very successful energy trader parked his brand-new Mercedes in front of his office, ready to show it off to his colleagues. As he got out, a truck passed too close and completely tore off the door on the driver's side. The trader immediately grabbed his cell phone, dialed 911, and within minutes a policeman pulled up. Before the officer had a chance to ask any questions, the energy trading icon started screaming hysterically. His Mercedes, which he had just picked up the day before, was now completely ruined and would never be the same, no matter what the body shop did to it. When he finally wound down from his ranting and raving, the officer shook his head in disgust and disbelief. "I can't believe how materialistic you energy traders are," he said. "You are so focused on your possessions that you don't notice anything else." "How can you say such a thing?" asked the trader. The cop replied, "Don't you know that your left arm is missing from the elbow down? It must have been torn off when the truck hit you." "My God!" screamed the master trader. "Where's my Rolex?"
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answer: trader joke
Mr. Lay: Why couldn't you have worked with us? This is the worst time of year and being in a recession has negatively impacted my prospects for work. I've got a ton of experience and no one wants to talk to me. I'm going to lose my home!!!! You guys with your millions and I'm going to be devastated. What are you thinking about? I can't hardly sleep at night worrying about how I'm going to provide for my family. Thanks,
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answer:
Bankruptcy