IN: This is an email
Greg: A rumor is going around that Andy Fastow's employment contract had language that would allow him to be paid $9,000,000 or some amount if a change of control of the corporation occurred. Several questions come to mind related to this issue that I would appreciate your response: 1) Please confirm the existence of such a clause or similar clause in Mr. Fastow's contract that would allow him a claim of additional money from an Enron entity. 2) If such a clause does exist what is Enron's intent as far as payment or litigation? 3) What other Enron employee's have such clauses that would allow them to benefit from the merger? Your clarification of the above questions would be appreciated! Thanks, Jim

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OUT: Fastow Rumor

IN: This is an email
You may have seen recent media reports on the topics of possible EPA action= on New Source Review (NSR) regulation and multipollutant legislation, so I= wanted to summarize some of the important current developments: New Source Review: EPA was asked to conduct a 90-day review of NSR and come up with recommenda= tions for the larger Bush National Energy Plan. EPA held several public h= earings and solicited public comments, which closed July 27. Enron submit= ted comments (which I sent by e-mail on 7/30/01). EPA has indicated that = it will report to the President only on "impacts of NSR on the power sector= " on August 17 and delay any specific recommendations for NSR reform until = mid-September. Stories in the past few days have suggested that EPA's findings will "ease = emissions standards" on coal utilities. Such characterizations are somewhat= slanted, as they are based on information coming from environmental groups= who oppose any NSR reform -- but there is some substantive merit behind th=

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OUT: New Source Review & Multipollutant Update

IN: This is an email
Laurel: Jason is ready to send comments on this agreement requested by John Greene. Can you please provide Jason with the name, address, fax number of the party with whom we should be communicating in order to negotiate this agreement. If you need to speak with Jason, you can call him at (713) 220-4124. Thanks. Sara

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OUT:
Investment Technology Group Limited