Q: Missed your call today and I will be in RAC PRC all day tomorrow. Basically Jeff said we must get this exposure down but gave no parameters to the statement. He did ask if any recent issue is causing us concern to which we said no, and I also said we know more about this company than any other exposure we have (which we should). I also spoke with M. Kopper today and he thinks the proposed deal w/ TXU to pay slightly more for a plant with the proviso that we get a cleaner contract is a good idea, rather than paying a lot of money to an investment bank. Moral of story in my opinion is to try and improve deal structure with TXU through the plant purchase or other structured deal. Do no more (large) deals with TXU that significantly increase credit exposure ($10mm??) unless we buy a derivative that reduces exposure simultaneously. Continue to stay on top of TXU with frequent meetings with their management to maintain a close relationship with good communication. Lets try and discuss Wed if possible.
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A: TXU Credit Exposure

Q: OUTLOOK EMAIL NOTIFICATION Your Date of Migration is: May 17th YOU WILL BE UNABLE TO SEND E-MAIL unless you take the following action: Please go through your Notes email and clean out as many old/un-needed email items as possible BEFORE your date of migration. After you are migrated to Outlook you will only be allocated 100MB of total Mailbox space. If more than this amount of data is migrated to Outlook YOU WILL NOT BE ABLE TO SEND E-MAIL until it is below the 100MB limit. Cleaning up your Notes email now will prevent this from happening to YOU. Enron's messaging platform is migrating from Lotus Notes to Microsoft Outlook 2000 worldwide. You will be accessing Outlook for all of your email functions. WHY IS ENRON MIGRATING TO OUTLOOK 2000? Many factors contributed to the decision to migrate from Lotus Notes to Microsoft Exchange/Outlook. The most prominent factors were: ? Significant advantages to moving to a product that is more integrated with current Enron apps (Windows 2000, Office and Internet Explorer) ? More efficient Shared PC and Roaming User features ? Improved support and integration for Palm/CE devices ? Instant Messaging capabilities WHAT IS BEING MIGRATED TO OUTLOOK 2000? ? Email Messages. From the date of your scheduled migration, the last (30) thirty days of your Email will be converted for use in Outlook. ? All your folders in Notes you use to store email messages in. ? To Do Items ? Journal Items ? Calendar Entries dating from (1) one year in the past to (10) ten years in the future will be converted. ? Address Books, but NOT your Distribution Lists that you created. You will need to re-create these in Outlook. Thank you,
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A: 1-URGENT - Outlook Email Notification (new)

Q: On September 14, 2001, the Commission accepted tariff sheets filed by NEPOOL, effective July 1, 2001. The tariff sheets conform the existing mitigation price screen provisions of Market Rule 17 applicable to resources that run out of economic merit order to the revised bidding and compensation regime of three-part bidding and Net Commitment Period Compensation. NEPOOL explained that the proposed differences in percentages applicable to the Energy Block Price were appropriate since they apply to different base values depending on whether the resource is regularly or seldom run in economic merit order. The price percentages applicable to Startup and No-Load bids are the same for both resources as both resources use the same base value. If you need further information, please let me know. Susan Lindberg x30596
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A: NEPOOL mitigation price screen (ER01-2836)

Q: This follows up on my voice-mail to you of just a few minutes ago. I reviewed a voice-mail from Theresa Bushman this morning about the timing on the new Mariner matter that Mariner for which Mariner would like to retain F&J. She has spoken with Scott Josie, apparently one of our business people, and has been advised that the December 27 closing is critical, due to market conditions. Theresa also believes that the December 27 date will be aggressive even for F&J, given the late date. Theresa, please let me know if I have mischaracterized what you said. I see two options: 1. If you agree with me that we can't sign the letter as is: I do my best to get an acceptable letter negotiated with Uriel Dutton today. If I can't, Mariner retains someone else today. Frankly, I am not optimistic about getting an acceptable letter from F&J, based on where F&J started. 2. If you believe that we need to go ahead and get the best deal we can from F&J under the circumstances: I will do my best to get that done by noon or so, and if F&J doesn't budge, we may have to sign the letter as is. Caveat: I don't know if Dutton is in the office this week, so he and I may not be able to communicate quickly. Also, if we redraft a letter, we will probably not have time to get comments back from all the other interested Enron attorneys. I would also suggest telling Kelly Zelacovitz, Mariner's GC, this morning what our game plan is, and if it is option one, have her go ahead and contact her back-up choices of law firms, start running conflicts checks, etc., and have them be ready to hit the ground running. If there is anyone else I need to send this e-mail to, please let me know. I am in all day today; please let me know what you want me to do. Britt
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A:
In re F&J Representation