IN: This is an email
Dear Greg, I appreciate you coming down to the gas floor and providing us some information about what is going on. One of the questions that kept getting asked had to do with who will be retained, and what we will be paid when we are retained. We were told that star performers will be retained. At what profit level do we become star performers? I understand you and your staff have a tremendous number of things that need to be accomplished. As I talk with my peers, the most important thing on our minds is if we will have a job and what we will be paid. John was saying that in a few months this issue would be addressed. My immediate concern is to secure employment while there are still positions available with other companies. I will accept the first lucrative offer that is made to me. My peers have expressed the same sentiment. In a few months, there may not be any jobs left. We have to may hay while the sun shines. We all have been bombarded with calls from executive search firms. We are all racing for a limited number of jobs that promise substantially higher salaries. What we need on this floor is some assurances. Maybe it should be in the form of granting bonuses now and offering employment contracts. We need some exact numbers in the form of dates, salaries, and bonus plans. Scott Neal brought up this same question several times and John said he understood how critical this situation is. If there are only trader track personnel left to run this company, will Dynegy still be interested? Getting a bonus this year that reflects the work I put in is critical. It is no where near as critical the issue of making sure my children have food on the table. I do not have two months to wait to find out that the compensation I will be offered ends up being less than what a third party is willing to pay, or the bonus program is a based on a amount to appease me when I may have passed up a percentage deal. Please sense the urgency that my peers and I are feeling. Tom Donohoe

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OUT: Employee retainment
QUESTION: are u going to the game? ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ******************************************************************
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ANS: UT/A&M game
Hi John, I still need a Connecticut lawyer to look at this. Do you have someone available? I need input by Monday, March 19. Nothing comprehensive, just a fatal flaw analysis under Connecticut law. Thanks,
Q: What is a potential subject line for this email?
answer: Fuel Cells
Susan: We need to prepare materials this afternoon on these two hedge funds. The credit is different but the FORMS will be identical. Please let me know who will handle and I can discuss with that person nowl Thanks.
Answer: Valentis/CD Holding: TWO HEDGE FUNDS
Here is an email: Just wanted to let each of you know that I pray for you daily. You've had an enormous amount of responsibility over the last few weeks and I believe you have probably given great personal sacrifice to try to get our business back on it's feet. I think you have given it your best effort and are extremely disappointed in the outcome. I will continue to pray for you and the rest of the Enron employees. My team is still working extremely hard to do our part to help in this crisis. Not one of us has given up - although some people may think that is a little crazy given the circumstances. If you ever want to feel a little appreciated, come down to our floor and visit. I'm the Director of Human Resources for ENW Technology groups. I have a great Human Resources group that doesn't know the meaning of quit. Heck, one of our group, Norma Yeverino, is nine months pregnant and is still here late every night just to make sure we support all our clients 100%. Well, just wanted you to know that you're not in this alone. Come on by the 36th floor and meet the team. Gary Buck
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A: Your efforts are appreciated
QUESTION: I received a call from Jack Foley from the PG&E Credit Risk area regarding concerns to their exposure from TW. He cited that due to the' CC' S & P rating they had concerns regarding their monthly prepayment to TW of approximately $ 1.8 M, our marketing of their excess capacity, and the Operating Agreement at the interconnect regarding indemnification of the PCB cleanup. He stated that PG&E has exposure as a result of TW marketing their excess capacity which at present TW has paid PG & E it's portion. However, we are due to remarket in January for their Spring/Summer capacity where we bill, collect and remit to PG &E. Also, he advised that per the Operating Agreement at the interconnect, dated June 27, 1995, there is an indemnification for PCB cleanup and that we pay PG & E $ 300,000 to $ 400,000 per year and the agreement runs to 2007. He added that there is a reaffirmation of the 1995 agreement dated May 28,1999, with Steve and Lou as the signers. In order to alleviate their concerns, Foley proposed, 1) TW drop the prepayment requirement and 2) provide security/collateral to secure the remarketing and PCB cleanup. Please review and advise your comments. Regards.
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ANS:
Pacific Gas and Electric - Transwestern Concerns