QUESTION: In order to comply with FERC regulations regarding title to natural gas, Enron proposes to sell natural gas to Frito Lay at the Permian supply basin and act as agent to manage Frito Lay's TWPL transportation agreements. The agency agreement would authorize Enron to act on Frito Lay's behalf to optimize the use of the transportation agreements. Enron's Interstate Transportation Management Fee Enron shall be paid the greater of a flat fee of $.00/mmbtu for all quantities delivered to the California border and consumed in Frito Lay's facilities or a percentage of incremental value realized as a result of optimization the TWPL transportation agreements. To the extent Enron can increase Frito Lay's profitablity by implementing alternative supply and transportation strategies, Enron proposes to retain ___% of any incremental value realized on the TWPL transportation agreements.
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ANS: Frito Lay

QUESTION: Activity levels in Credit Risk Management (CRM) have never been higher due to very volatile commodity markets, growth in EES and many other factors. In order to address these market changes, effective now, Ken Curry will transfer from Rick Carson's Due Diligence group to CRM and report to Bill Bradford. Ken has a strong background in credit related issues and should be able to immediately add value to the CRM group. It is fortunate that adequate depth exists within RAC to be able to realign personnel as market needs suggest. Please join me in congratulating Ken on his move and in wishing him success in this new assignment. Rick Buy
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ANS: Ken Curry

QUESTION: Hello, Jeff, I know you must be quite busy with calls for interviews following your recent announcement that you were leaving Enron. However, I'm hoping if you have a moment today, you could provide 2 or 3 quotes about your decision and where you're heading next for McKinsey & Company's internal news Web site, NewsNetwork, which has loyal readership across our Firm. Our upcoming deadline is tomorrow afternoon in time for our Monday, August 20 edition. Given that we covered you once before on NN (see article below) we believe this article would make for an important and worthy follow up. I will take the liberty of calling you today to ensure you received this message. Thank you in advance for your time and consideration. Warm Regards,
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ANS:
A few quotes for McKinsey's internal NewsNetwork?