Q: Susan and Samantha: I thought that both of you should have this. This is the new draft of Deutsche Bank schedules which I plan to review. I have forwarded this to Rod Nelson.
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A: DB/Enron ISDA

Q: Ladies and Gentleman: As a follow up to our last Council meeting, we agreed to elaborate and clarify our thoughts on the Global Business Council. Some of those who attended the meeting have already shared thoughts and ideas with us. Now I would like to get input from others on the Council. We intend to complete this process as quickly as possible, as Klaus has requested that we present a reframed charter at the next council meeting in early November. We had intended to launch this project sooner, but events of last two weeks prevented this. I have asked Sunny Misser, US leader of PwC's Sustainability services to assist me in this effort. Sunny will be contacting you in the next few days to understand your thinking and incorporate your perspective in this charter. Additionally, I am including an overview of the process and timetable for your review. As we proceed with this exercise, it would be helpful to understand your thoughts in the following areas: - What are some of the key pressures confronting the WEF - What is the value of creating a Global Business Council - What will the GBC do (i.e. role/function) - How should the GBC be positioned within the WEF - How will we practically implement the GBC Thank you once again for taking the time from your busy schedules to develop this thinking. We will keep you apprised of our progress. Sincerely,
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A: WEF Council Meeting -- Follow -Up

Q: I reviewed the counterparties in our Financial Trading Database and located 17 who cannot enter into financial power transactions and cross-checked that list against my Online Trading Counterparty List and located the 6 counterparties below have been opened to trade online and who cannot trade financial power and/or who have some type of restriction in place on the type of financial power transactions they can enter into: 1. The Bakersfield Californian - can only do newsprint swaps and options 2. CMS Marketing, Services and Trading - can enter into financial power transactions only if those transactions are fixed price swaps, basis swaps, swing swaps and options 3. Phibro, Inc. - can only do natural gas, crude oil or oil product energy prices swap, put & call options. Per my discussions with Tom, this counterparty is coming through on tonight's list as an amended counterparty because they want to do financial power. They have a really old form of agreement in place from 1993 and it does not allow power financial transactions. I spoke to Mark Taylor about this and he said if they want to do financial power they are going to have to replace this agreement with an ISDA. I am going to talk to Credit about this. They will definitely not be able to trade financial power by Monday... 4. PXRE Corporation - weather only 5. Swiss Re Financial Products Corporation - weather only 6. Tempest Reinsurance Company Limited - weather only
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A: EnronOnline - Financial Power Trading

Q: Jeff, If what I hear is true about your retirement, let me be one of the first to offer heartfelt congratulations. I've never quite understood people that basically work right up to the grave. It always seemed to me (and now I'm finding out its true) that there are just way too many things to do, books to read, people to meet, places to go, etc., etc., to work 80 hour weeks for 50 years. When I first read about it, I thought that maybe you and Rebecca had flipped a coin and she lost. (She had told me that if the two of you got engaged, one of you would have to quit.) If you really are planning to retire, let me offer some advice. On my odyssey I've noticed a couple of humps I had to get over. The first one hit me at about ten days. All of a sudden I had the stupid impression that I should find something constructive to do. After a couple of days, the feeling went away. However it did come back at about the 4 week mark. Once again, I was able to come to my senses. I think I may have permanently suppressed the feeling at this point. Unfortunately, now that I really do have to go back to work, I can't seem to get too motivated. Oh well, maybe, if nothing else, I have learned not to work 80 hour weeks ever again. Best of luck and tell my sister hi. Steve P.S. I have sketched you a raised timber platform, with a small cabin in the center (for those that think they need indoor plumbing, etc.) If you find a place to put it, I want to build it. P.P.S. I just finished the first two volumes of Caro's L.B.J. biography. Extremely interesting if you're looking for reading mat'l.
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A:
Congrats!!!