This is the content of an email: Paul: I think you are trying to avoid me! Hope all is well and you are just overworked and overwhelmed. I am now working with Moazzam Khoja in Houston who is part of the enroncredit.com group most of which (as I understand) is located in London. In connection with that group's activities, I have some questions and all fingers point to you. (1) Do you have credit derivative research that may be applicable for credit derivative transactions (including your online "bankruptcy swap") in the US? I am sure that you've already explored the "insurance" issue and I don't want to duplicate reasearch, if possible. (2) What forms have you devised? Are they online? Should I just grab a password? (3) Are the enroncredit.com traders in the UK required by the SFA to take an SFA exam (I'm guessing it's a broker or securities exam)? Is trading in credit derivatives regulated, or regulated differently than other types of derivatives? I am trying to determine whether Moazzam needs to take the Series 7 here in the US; our traders taking that exam must be dealing in "securites" for that exam to be necessary. (4) Where is enroncredit.com headed? I would very much appreciate your [PROMPT] reply. Sara

Subject: credit derivatives/SFA exam

This is the content of an email: Please bookout the following deals that I entered for 3/31/2001. Match purchase deal 718081 with sales deal 718078. I think this is my last New Power deal forever.

Subject: My last New Power Deal

This is the content of an email: Attached for your review is a draft of Wildhorse Nomination Letter. Please review and provide any comments. Mark & Joan, I need help with the nomination format and facts in the first paragraph.

Subject: Wildhorse Nomination Letter

This is the content of an email: John, I need information on the following questions related to Cornhusker: 1) I understand that we will be handling the invoicing and settlements of the supply, transport, and sales contracts. Who will be handling the financiol accounting and reporting for these deals? 2) Is someone in Legal currently assigning the contracts to ENA? 3) What is the name of the company purchasing the supply/fuel at the plant? 4) Tenaska told us that we are supposed to be paying the suppliers and the pipeline for July and August activity. Is this true? I thought we weren't taking responsibility for this until September business. We are not prepared to pay the suppliers for July. 5) Should these deals be in an accrual or MTM book? Thanks.
Subject: Cornhusker