IN: To all Energy Operations employees: ENA has experienced extraordinary growth thus far in 2000. I am especially proud of the accomplishments of Energy Operations in supporting this growth. I wanted to express my appreciation for all the hard work and dedication that you have demonstrated. We have done great work and I want to recognize you for that. Although we have done much, we have additional goals to accomplish within ENA and Energy Operations this year. Therefore, as we go forward, I want to make sure that you have all the necessary tools to do the best possible job, and that any barriers that may impede your work are removed. To help in this effort, I have asked a consulting organization -- S.J. Bashen

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OUT: Note from Sally
IN: This is an email
Geoff - Attached for your approval are four confirmations for the Ring Trades done among Enron, Reliant, and Bank of Montreal: You will note that an Exhibit A is attached to each confirm - but can you tell me from whom at both counterparties I can obtain the Exhibit B (transaction b/t Reliant and BOM) in order to attach that as well. Please review and advise. Thanks,

What is the subject?

OUT: BOM/Reliant Ring Trades
QUESTION: Hi, Jan! I hope you are all doing well. I'm sorry to hear that your mother is ill. I'm sure it's frustrating to be so far away. I know you have other things on your mind right now, but I wanted to check with you about our visiting this summer. We were thinking about the second week in July. We have not made any definitive plans. Let me know if that will work. If this summer doesn't work, we can always try next summer... Take care. Susan
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ANS: Summer visit
In order to ensure that our communications with the investment community are consistent, Stephen Moore of Moody's and I have agreed to publicly state the following as it pertains to the Moody's rating action taken today: Full Review To Occur - The action is intended to be the catalyst for a full review of our business operations to occur in the coming months. The company's appropriate rating will be determined during this time frame; Primary Areas of Concern - Moody's will be focusing on the following items during the review: Potential Future Equity Write downs: Dhabol California Broadband Fiber Network Wessex/Azurix Slow Progress in Asset Sales - we have been discussing sales for the past 18 months with limited closings Material Working Capital/Margin Expansion - has resulting in negative cash flow from operations The Equity Adjustment - Moody's was unaware of the potential of an equity adjustment of this magnitude Please let me know if you would like to discuss any of the points in detail. Regards:
Q: What is a potential subject line for this email?
answer: Moody's Basis for Placing Enron Securities on "Review for Downgrade"
I want to let you know that I'll be on vacation for the next two weeks (June 25 through July 6). I'm going to Washington, D.C. to take Wes to the Naval Academy, visit my parents and show Sheila some colleges on the way back to Houston. I'll check my office voice mail periodically, so please leave messages there if you need me. Also, Vanessa has my itinerary and can reach me. I'll also be available by cell phone. Thanks,
Answer: MCO Vacation Plans
Q: Hi, Jan. I hope you are all doing well. Maman has updated us on your mother's condition. I know it must be stressful, especially from long distance. Kali liked her birthday gifts. Believe it or not, we didn't already have the World Pup movie. We had rented it back in February and the kids liked it. I'm not sure if you got my last email before we left on vacation, but I was wondering what your travel schedule was in June. When will you be arriving, when will you be returning (Kali has warmed up to the idea of travelling without us on the plane), etc. The earliest we could leave for Brazil would be the evening of Friday, July 6. We would probably need to return to Houston by July 14. Let me know how that sounds. Also, if we need to reschedule for another time until you get things straight for your mother, let me know. That's certainly more important. Talk to you soon..... Susan
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A:
Summer plans