IN: This is an email
There will be a TxSET meeting on February 14th and 15th. This meeting will be devoted to Muni/Co-op Transaction needs, and the needs of the CRs that will be in those territories. THe meeting will be held in Corpus Christi at the AEP Offices. We will begin each morning at 9AM. We will conclude at 4PM. AEP 539 N Carancahua Corpus Christi, TX 78401

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OUT: TxSET Meeting February 14th and 15th

IN: This is an email
Chris: I checked with Samantha. The counterparty is holding two orignal ISDA documents (complete with boilerplate and Schedule/CSA) and ENA resolutions (in the form of unanimous consents) and incumbency. Sam will check on the ENE guaranty. There is nothing more that we can do unless you want us to call the counterparty/lawyer. Please advise. Sara

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OUT: So Cal Water

IN: This is an email
I have a stretch goal for the operations budget under Enron Americas to reduce costs by the end of the year. To this end, I have recently studied possible options for reaching the targeted savings. To make the best decision on this, I have reviewed functions within my team on the basis of core versus non-core functions, and the inherent cost versus value proposition. As a result, I made the decision last week to disband Joel Henenberg's team. To fulfill the role of Joel and his team in leading IT initiatives, we will lean on the appropriate IT project managers and the business sponsors/end users. Joel and his team were told of this decision on Friday afternoon last week. Our HR rep spent some time with the team explaining the corporate re-deployment service that they all will be working through over the next few weeks. Let me know if you have any questions regarding this. While it was a tough decision, I feel comfortable having made it.

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OUT:
Disbanding of Joel Henenberg's Team