IN: Resume attached per my voice mail to you. This guy is currently at Compaq, but wants to do something else. Any interest? As I said in my voice mail, I will be glad to call my friend Dave Schempf to get more info on this guy if you would like. --Sally

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OUT: Trading position

IN: Doyle I, L.L.C., ENA, NEPCO, EE&CC and Power Generation Investco, L.L.P., as insureds/assignees under a policy of insurance issued by Factory Mutual Insurance Co. ("FM"), may file suit on Friday, November 9, 2001, against FM for a breach of contract and bad faith with regard to payment of a claim of approximately $6,200,000 for an insured loss that occurred on or about June 14, 2000, when the Unit #1 engine at the Doyle I, L.L.C. facility located at Monroe, Georgia, failed. If you are aware of any reason that suit should not be filed , please call Britt Davis at (713) 853-6307 or email him at britt.davis@enron.com <mailto:britt.davis@enron.com>. If he does not hear from you by Thursday, November 8 at 5:00 p.m., he will assume you have no objection to the filing of this suit. Sent on behalf of Britt Davis

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OUT: In re Doyle Claim Against Underwriters

IN: Paul Kaufman phoned with the following brief report from the Western Governor's Association "Energy Summit" that took place today. Paul will follow up with more detail when he gets back to a computer. The governors issued the following recommendations: California should immediately implement FERC's order issued last Friday and aggressively pursue all available DSM and conservation opportunties. The Western region should likewise be much more aggressive in identifying and implementing DSM and efficiency opportunities. Increase supply as soon as possible. FERC should do an investigation into the potentially negative effects that price caps can cause in the industry. FERC should add to its investigations an investigation into what caused the price spikes in the first week of December. Work with the Bush transition team to make sure that someone from the new administration is focused on the issue. Hoecker said that he is not inclined to impose a region-wide cap until California takes the actions it needs to take to help alleviate the situation (e.g., reforming regs governing utility forward contracts). Jeff

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OUT: Summary of Western Gov's Energy Summit

IN: I changed the formula on the IF-CNRGATH curve in the EastMrkt file. Before the change it was CGT/APPALAC - $.32. After the change its (CGAS - $.30)x(1-.0492). This widens the spread by about $.24.

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OUT:
CNR curve