Subject: "Black Hills - Draft Escrow Language".

Body: Attached is draft escrow language for Black Hills that I made up in an attempt to be sympathetic to Black Hills's desire for certainty on the release of funds - please review and call Shari with comments first thing on Wed. I will be travelling Wed but will check messages on Wed afternoon. Good luck

Subject: "AIG positions".

Body: John, As discussed, the AIG exposure is $57MM, and it is distributed among the price, option, and exotic books. The attached spreadsheet details the dollar value and volume by month by book. Please call if you have questions. Tanya

Subject: ""The Generosity of Californians", authored by Glenn Schleede, retired VP of NEES and industry gadfly".

Body: Glenn Schleede, a friend from the early nineties NPC study, provided the attached commentary on the "Generosity of Californians". I don't whether he sent this to the industry press or just friends. If anyone is interested, I have the detailed backup.

Subject: "IT Merger Strategy".

Body:
Hi Greg, Today I'll be kicking off our merger strategy from an IT perspective. The goal of this will be to position Enrons IT group as the obvious choice to take the merged company forward. This is in everyones best interest, even if they don't know it yet. This will be focussed purely at IT, but alligns with the overall goals of ENW. You and Greg Whalley have my commitment to making this work and hence making the future merged company a success. What I need from you and Greg and David is help in quickly coming up with a retention policy to ensure our best people don't walk. Regards