Problem: BODY: John, Where are we at on credit with these guys. They won't sell me gas because they say we need to increase Enron Canada's parental guarentee. This is costing me deals and I need to know what is going on soon. Thanx,
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A: SUBJECT: TXU Energy Canada

Problem: BODY: Jason, Cora and Irene told me the Enron delivery to Peoples Gas for gas day May 1st will be cut by 21 MMBtu. Peoples will reduce the SIQ purchase of 125,000 by 21 leaving an SIQ amount of 124,979. Apparently, the reduction is due to confirmation problems on Northern Border. Jer
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A: SUBJECT: May 1st cut for Peoples Gas

Problem: BODY: Rod and Paul: I have checked the ISDA between Kaiser and ENA and it has our standard setoff language which permits setoff of amounts owed by or to the Non-Defaulting Party and its Affiliates against amounts owed by or to the Defaulting Party under the ISDA and other agreements. Please call me once you have located the Metals agreement as Greg indicated to me in a voice mail that he needs an answer this morning. Rod, If we get comfortable on the legal side with this arrangement, are there other credit issues that need to be considered?
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A:
SUBJECT: Kaiser