Subject: "Happy Tuesday".

Body: Hello Kenny, Just a note to say Hello and that I love you . I enjoyed yesterday afternoon. And I also wanted to thank you for getting up early this morning and fixing my coffee and my slim fast. That meant alot to me, more than you know. Enjoy your day - I will see you after my hair appointment tonight. Love and Kisses

Subject: "o:\Research access list".

Body: Please find attached an Excel workbook listing different access groups for Research. I have marked some users for keeping and deleting. I'm not sure how you wish to proceed. You can edit the list as you see fit. Perhaps we can contact those who have particular groups (e.g. Weather) for updates on their list. I am generally of the opinion that the lists should be as short as possible. A directory that Lance and I share with the power group was deleted yesterday but nobody knows who did that. I hope after this audit is done, we are much less at risk of something that like happening again. Thanks,

Subject: "Invitation".

Body: Dear Board Members: Lekha and I are hosting a Customer Appreciation Dinner at my house and would like to invite you and your spouse. The dinner is by special invitation to our top 100 customers. It is scheduled the evening of our Board Meeting, Wed., 24 Oct at 7pm. The next morning we will have our Five.Two presentation. You are invited to attend any of these functions. Please let me know if you are able to attend. We would be happy to arrange any transportation/hotel that you may need. Regards,

Subject: "Oldco RAC".

Body:
I would see the primary responsibilities: 1. Develop with Fallon a written process for the valuation of terminated contracts. We will most likely only have Bjorn for a short period of time given his reluctance to go to NETCO. While no one appears to care about the fact that we have no way to render a correct value for financial statement purposes, this would be a priority if I was managing the estate. There is no metric for the approval of comprises internally. Our curves say one value, the counterparties quotes say another. Differences in value may be a better metric that notional settlement amounts. 2. With IT, assure that the terminated contracts are frozen in value. The book is currently floating, rendering an open position which is unmeasured as to VaR. Examine ways, if any, to manage this uncovered market risk. 3. Valuation of assets held for sale and DASH process. It would appear that we should work backwards from the summary of sale that the Unsecured Creditors Committee wants. There have already been complaints about multiple forms (DASH, transaction review committee for). This would require revamping the DASH process and TAP. 4. Revaluation of International assets. 5. To the extent EES performs post petition, value this book and the associated ongoing costs associated with it. 6. My understanding is that the billing on performing accounts is behind. Manage and develop a process to collect these past due amounts. Collectibility does not improve with time. 7. Ongoing review of business unit's cash requests. 8. Develop a systematized IT solution to payments and transfers made 90 days prior to bankruptcy (in process). 9. Manage the bankrupt counterparty portfolio. 10. Collect amounts owed by PG&E and So Cal Edison ($545 million notional). 11. Maintain a pipeline report.