QUESTION: Since the Master is drafted for ECT/TBS, what does your message mean in terms of moving the ISDA, guaranty and side letter along? As I mentioned to Ted, what EI or an EI project company does outside of the ECT swap is not something that I can track. Thanks. SS
Propose a subject line for this email?
ANS: TBS swap

QUESTION: Dear Mr Lay, I'm not sure if you remember, but I am the one who came up with the Lay it on the Line slogan. I am no longer with the company and am currently with General Electric. Regardless, I still have a stake in Enron. Besides everything that is going on that we can all read in the press, what concerns me is it seems that some current leaders still don't care. I was infuriated to learn that Enron (EES in particular) still rented a corporate house on the golf course for the tour championship in Houston and was seen grilling steaks, lobsters and having a great time. I wouldn't consider it entertaining clients if Managing Directors such as Dan Leff were there with thier kids (rumor has it). That is a completely irresponsible waste of what little money is left in the company and it shows the arrogance that Enron is perceived to have. People should be fired for this. I would hope that Christmas parties, bonues etc will be scaled down this year and to at least make some sort of effort to slash costs and get the company back on track. I have faith in you as a leader and I hope for a turnaround. Thank you.
Propose a subject line for this email?
ANS: concerned shareholder (lay it on the line)

QUESTION: Hi Herman, This is another turbine transaction. I think there will be another turn of this doc soon, but I want you to have a heads up. Kay
Propose a subject line for this email?
ANS:
ENA/Blue Dog: Revised Letter Agreement