I spoke with Dick Reiten today about when he could expect Enron to take the PGE/NWN deal to the creditor committee for approval. Dick says by next week he will have his financing lined up with the lenders only having outs if there is a substantial change in the economics of the deal due to regulatory action. He expects Oregon PUC approval in late May. He believes that he needs approval from the creditors committee by early February. He stated that his team is getting questioned on the timing of the creditor committee approval. He was pretty insistent that early February should be plenty of time to get approval on a deal of this magnitude. I told Dick the the Creditor Committee had a mountain of work to do and thought everyone involved needed to understand the complexities of the bankruptcy process before such a large deal was put before the Creditor Committee. He recognized that but stated the DIP banks were also asking his people about the sales process and timing and thought they would want affirmation that the deal was getting Creditor Committee approval. I told Dick that we would try to move the process along and thought early to mid February was the quickest we could hope to get Creditor Committee approval. (This was based on our conversation in Jeff's office that we would know betterabout the timing in 4 to 6 weeks. Dick plans on us talking weekly about the the progress. As you can see he is thinks it very important to move this forward as quickly as possible.
Q: What is a potential subject line for this email?
answer: PGE/NWN Purchase and Sale Agreement
Sorry to have missed you at the investor presentation last week, if you or beau want any of the slides please let me know and we will forward them. Now that our venture activity is defined and stable, we are starting to look at phase two of genesis park's evolution, which includes advisory services. As you can imagine, we see a lot of deal flow that isn't a good fit for the fund, but we feel that we could assist on a fee basis. To that end, we have an interest in identifying an impact player from the investment banking world who can drive that aspect of our business. Ideal profile would be new york experience with a background that included both energy and IT. Given the turmoil in the markets, we are asking a few of our investors if they know of anyone with those characteristics that either is in houston already or has a significant tie to the community. Thanks, and i trust you know that we would be pleased to help enron in any way if there is a need to rationalize any business lines that now seem non-strategic.
Answer: possible reference
Here is an email: Please note the following addition to the domestic credit reserve for September 2001: CP: Reliant Energy Services, Inc. Deal No: 758917.1 EOL No: 1802392 Deal Date: 8/31/2001 Deal Specifics: EPMI to sell 50MW On-Peak Power into ERCOT for Calendar Year 2004. Term: 1/1/2004 thru 12/31/2004 Volume: 50 MWs On-Peak Price: $32.25 Delivery Point: ERCOT Trader/Mid-Marketer: Doug Gilbert-Smith Credit Reserve Amount: $20,000 (twenty thousand US dollars) RAC: transaction confirmed under Executed EEI dated 9/22/2000. Please call w/any questions. Regards,
What is a potential subject line for this email?
A: Reliant Cal 04 Reserve for EOL
Q: At the request of John Grass, I am forwarding for your review the attached sample of Enron Upstream Company, LLC's GISB. Please do not hesitate to give me a call with any questions you may have regarding the enclosed. Regards,
Propose a subject line
A: GISB
IN: Michelle, The name of the DB Administrator for Enpower is Charlene Fricker, 5-3487. Alex will contact her regarding the access to the curve. I think it's a problem many layers below Gary Hickerson's level of responsibility and I hope we can handle it without using his valuable time. Vince

Generate a subject line.

OUT: DBA Administrator
IN: This is an email
Ben/David/Bill - Please see the what we have for the following policy excerpts at the end of= this message, and address the following: 1.=09Advisory Limit Setting - is it by the BOD or by the CEO? Our presenta= tion says CEO, but also specifies the trigger as 3.0 for P50 and 1.5 for P9= 9. If it's CEO level, we don't need to specify in the policy what the trig= ger limit is, as CEO can change. If it's in the Policy itself, it's consid= ered a Board approved limit.=20 a.=09Let's decide - if CEO level, let's change to say "a certain multiple o= f..." instead of 3.0 and 1.5 b.=09If at Board level, don't we need to specify a time horizon? If not, w= hy bother to specify the trigger - if one's going to be at CEO discretion a= nd consequently not specified in the policy itself, why not all of it? 2.=09Definitions in 3.4 excerpt below - Rick Buy wants these definitions ha= rd coded and clearly defined in the policy ?=09Future Available Cash -=20 ?=09Is this straight off a daily report from Accounting? What does this # = represent and what do we want in the policy? ?=09which individual is going to provide this daily, and when? =20 ?=09Borrowing Capacity -=20 ?=09I defined this by pulling terms straight from the slide in the Joint Au= dit/Finance Committee presentation - do you agree? ?=09who is going to calculate this daily and provide to RAC, and by when? ?=09Potential Future Cash Requirements - ?=09is this clear enough? any specific collateral assumptions given contra= ctual cash posting optionality? worst case assumption? 3.=09Does RAC really need to calculate this if GRMO is going to report it o= n the Executive Report Viewer, and the calculations are hard-coded above? = Seems like we could implement a process by which the 3 pieces of informatio= n get fed to GRMO to calculate and report, like all the other market risk m= etrics. Please call me in the morning so I can run through any required changes. Regards,

What is the subject?

OUT:
Liquidity Ratio Calculation and Definitions in Policy