This is the content of an email: Phillip, Courtney needs me to watch the boys on Thursday in order to get organized before we leave for Italy. I can be reached on my cell phone 713-408-6256. Please have Anne update the newcurrentday sheet in order to manage my position. Please call me with any pertinent market information. I will see you Friday. Thanks for the help. Thanks,

Subject: Out of office on Thursday

This is the content of an email: Jim- I was hoping that you could give me a status update on the outstanding invoices from PJM to the two Enron subs. It was my understanding that you were going to be discussing them with the "5 day" committee today. Given the ramifications of a default, some of which we spoke of this morning, I would like to stay as up-to-date as possible with Enron's plans and intentions. Thank you very much,

Subject: Status of invoices

This is the content of an email: Clem: Attached to the end of this string of emails is the Bear, Stearns & Co. ("Bear") form of guaranty. My only issue is with Section 1. Consents, Waivers and Renewals of the Bear guaranty which Bear insists upon . Although Bear will agree to the Enron form of guaranty, our Par. 4 Setoffs and Counterclaims problematic in light of Bear's waiver provision. I'd like to discuss with you. ENA has agreed to a Securities Lending arrangement with Bear and the ENE guaranty (capped at $25million and restricted to ENA's arrangements with Bear) is part of that "package". FYI, several Enron companies have accounts with Bear. When do you think we could discuss?

Subject: Bear Stearns Guarantee. I'll call to follow up tomorrow a.m.

This is the content of an email: Cheryl: Let's keep the 1:30 scheduled meeting on Wednesday to discuss brokerage items. Would you please forward to me the updated list. In addition to the existing agreements, we need to discuss electronic trading platform reviews (based upon the Haedicke memo).
Subject: meeting