QUESTION: As you may have become aware, the company received notice yesterday that you have been named as defendants (along with Enron Corp., Ken Lay, Jeff Skilling, Andy Fastow, and Arthur Andersen) in one of the federal securities class actions. I will forward to you a copy of the Complaint. We are in the process of determining who would be the most effective counsel for you. If you wish to have separate representation, please let me know. I cannot guarantee that the D&O carrier will reimburse you for the cost of separate counsel. I am setting up a meeting with counsel for Enron Corp., Susman & Godfrey, to discuss this litigation with you as soon as possible. Please do not hesitate to call me with any questions. Thank you.
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ANS: Securities Litigation

QUESTION: <<MF May 11th, 2001.pdf>> Good Friday Morning - Comments From The Local Guys! Economic data so far this quarter has been extremely ambiguous. On the one hand, the employment figures released last Friday were soft, with net hiring shrinking for the second consecutive month and the unemployment rate rising to 4.5%. On the other hand, consumer sentiment has improved, and the April
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ANS: The Morning Market Call - Friday May 11th, 2001.

QUESTION: There exists another receivable financing covering power receivables structured at the corporate level. I am working with Trey Cash and Melinda Winn to extract the receivables to enable the master netting agreements to be executed. For now, please touch base with me prior to initialing any master netting that includes power. Please note we are still working on the extraction from the gas receivables as well.
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ANS:
READ THIS NOW RE MASTER NETTING