Bankruptcy

Sally -

We didn't really cover the role you intended to play with EES and EBS as far
as Doorstep is concerned when we met with Causey/Buy. (Or I just can't
remember.) May we include EES and EBS in the scope of our one Doorstep
project, and continue to work with Shona, also coordinating with Wanda and
Barry when EES and EBS are involved? Things like the event below might make
us re-consider our need to visit "origination" offices. I don't think this
office was on any of our lists.

Cassandra.
---------------------- Forwarded by Cassandra Schultz/NA/Enron on 01/02/2001
02:44 PM ---------------------------

From: Vladimir Gorny @ ECT 01/02/2001 02:35 PM

To: Cassandra Schultz/NA/Enron@Enron, David Port/Market
Risk/Corp/Enron@ENRON, Ted Murphy/HOU/ECT@ECT
cc:

Subject: Bankruptcy

LTV Steel, a counterparty of Clinton Gas, which is a subsidiary of EES went
bankrupt. EES exposure is ~$6 million. This transaction has not been approved
by the Credit group and it seems that they have little clue about Enron's
processes and procedures. I believe Clinton Gas is located in Dublin, Ohio
and suggest that it be included on the Door Step list.

Vlady.