QUESTION: Mr. Lay, Per my conversation with Rosie, I wanted to inform you of a couple of items regarding the Houston 2012 Olympic Committee. Yesterday, I received a call from Susan Bandy (Executive Director, Houston 2012) advising me that she and George DeMontrond came to meet with you regarding your potential involvement and role in the Houston Olympic bid effort. I wanted to make you aware that Mark Frevert and I are on the Board of the Houston 2012 Olympic Committee. When I joined Enron in 1999, I was asked by Joe Sutton to replace him on the Advisory Board Committee. We've been involved with the organization since then, and this past June, Mark Frevert became a member of the Board of Directors. I would like to offer my services to you at any level possible with this initiative, from coordination/development of activities to attending meetings or researching opportunities. If you need any additional details concerning our involvement with Houston 2012, I would be more than happy to do a full briefing. This is just one of many initiatives we are working on. We continuously keep members of the executive committee and office of the chairman through M. Frevert, engaged in our efforts. If we can be of assistance to you on this matter or any other related to sports, sponsorships and event marketing items, please don't hesitate to call. Thank you.
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ANS: Houston 2012 Olympic Committee

QUESTION: Today's Terminated Deals report is now in the o:\_Dropbox\Bankruptcy Books directory for your use. Please let me know if I can help with any additional requests. Stephanie
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ANS: Terminated Deals Report COB 12 19 01

QUESTION: I am familiar with one active case and one threatened litigation involving the companies on the Investment Portfolio list. Steel Dynamics has been sued for securities fraud involving the NSM transaction. Cgas has been threatened with litigation by Jerry Jordan, the former CEO. Jerry Jordan disagrees with Cgas' evaluation of the stock he retained (which is subject to a buyout provision). We think it is worth +/- 500,000. He thinks it is worth +/- 1.5 million.
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ANS:
Investment Portfolio