This is the content of an email: How well do you know our Code of Ethics? "It is a condition of employment that each employee accept the responsibility of complying with the foregoing policies. The Company will require each employee of the Company to complete and submit a statement in a form designated by the Company pertaining to such employee's compliance with the policies set forth in this booklet. The Company reserves the right to request any employee to complete and submit such statement at any time or as frequently as the Company may deem advisable." (Enron Code of Ethics, July 2000, page 62) What does that mean? In layman's terms, everyone employed by Enron agrees to all the policies and standards listed in the current Code of Ethics (July 2000). Who does it apply to? The Code of Ethics applies to all employees, third party contractors, guests and licensees of Enron. Additionally, employees are responsible for their family members and/or personal household who use, own, or have access to Enron's communication services and equipment -- including telephones, fax machines, computers, computer modems, long distance telephone services, cell phones, voice mail, pagers, e-mail, mail and delivery services.

Subject: Code of Ethics -- What Exactly Did I Agree To?

This is the content of an email: Greetings: Sounds like I'm glad that I missed the quiz last week. Hate to be a nag, but we've got to turn in what we're doing for our project on Thursday. I propose doing a nice, clean merger, which would allow us to do both comparative analysis (who are these companies?) and merger/valuation analysis. Mark and I talked last night and I pleaded again not to do strict accounting stuff, but if that's what folks would like to do, I can certainly suck it up. Any thoughts? Best,

Subject: More Nagging About the Project

This is the content of an email: Alan and Wayne: We received a letter from AEP Energy Services Inc. terminating all coal transactions with ENA as of 12/1. The letter states that they shall begin liquidating the contracts on 12/3. We have been instructed by Sally Beck's group to identify any terminated transactions that should be taken out of the book. Should these and if so, which transactions are these?

Subject: Coal Termination

This is the content of an email: 8/7 - DEAL 722269, TRANS ID 5079112 DELETED HE 23 FOR 100 MW. NY OR PJM SHOWED MW FLOWING FOR THIS HOUR. 8/7 - DEAL 722272, TRANS ID 5062820 DELETED HE 23 FOR 100 MW. NY OR PJM SHOWED MW FLOWING FOR THIS HOUR.
Subject: 8/7/2001 HE 23