IN: Dear Rick, Thanks for speaking with me today. Here is the position description for the KWI President of the Americas Opportunity. I feel that this is a tremendous opportunity to be an integral player with a very exciting relatively early stage Applications Software company, in the very exciting and hot Energy Commodities Sector; They are already profitable, pre-IPO. This position has a great compensation package. Please get back to me if you have an interest or if you know someone who might be intrigued by this opportunity. Thanks,

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OUT: KWI President of the Americas Opportunity

IN: Chris: Would it be too late to suggest changes to the definition of "forward contracts" in the Bankruptcy Code in order to improve our position with respect to the physical supply contracts that EES enters into? I am not sure what chnages we would want, but was wondering if there was any opportunity to suggest a change. Let me know what you think. Thanks.

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OUT: Forward Contract Definition

IN: To all, I visited with Kam earlier today to revisit the positions in the SE book and we discovered the following: City of Madison transport: transfer to Pete's book for 10/01 and forward MGAF transport: write down 2007-2020 position. Loss of about $500K - Scott as we spoke, I'll take the blame LRC/Stringray positions: Kam to review and explain Annuity: Origination total of about 90K, net with 500 loss from above Alagasco: Tammi deal, Sonat Tier 2 position Others: As I explained to Kam, any gain from closing this book should be transferred for the account of Jared Kaiser Bank of America ABA 0011.....just kidding! It comes from sitting by Sandra too long. Kam - thanks for your help and let me know if you need my help. As well, please reply if I have not covered all issues. Regards,

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OUT: SE Book

IN: Okay, I have coped with the traders in your absence. Now I intend to leave for lunch, my appointment and tomorrow's activities. All that means that it is now your watch. The only thing that might occur is Mark Breese. I have placed a voice mail to him in response to his Detroit rfp but he is out. The deal should be okay assuming Mark can make the prices work. Anyway, I will handle with Mark. Hope everyone gets well soon. I will be back Friday to resume the watch. See ya!

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OUT:
Your watch!