QUESTION: Vince, A friend of mine works at Equiva (trading sub of shell/saudi aramco). She said they are in big need of smart-types to quantify the risk of their portfolio, etc. Is there anyone in your group past/present who you think might be appropriate and could use a job? bc
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ANS: quant job opening

QUESTION: I would like to do fewer resolutions authorizing non-vps to sign contracts, and when we need such authorizations, let's make sure the resolutions are appropriately limited. My thoughts are as follows: 1. We have a lot of vps that can sign contracts. 2. It is generally ok to have confirmations signed by certain carefully selected directors since we are confirming a trade that already took place and there is master agreement already signed. 3. There are certain very routine agreements like pipeline right-of-way agreements that are ok for carefully selected directors to sign. 4. Confidentiality agreements should be signed by a vp. 5. Any authorization for a director to sign should expire within not more than one year and revoke all prior authorizations. Please give me your comments. Mark
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ANS: Appointments of Agents and Attorneys in Fact

QUESTION: We'll do the regularly scheduled update next week 11/5 when we will hopefully have more market feedback. Right now we are still working to secure market commitment and design rate structures that meet their needs and Enron's hurdle rates. Please call me if you have questions. kh
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ANS:
postponed Sun Devil update for Monday 10/29