Invitation to the 20th Annual Rutgers Conference

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/09/2001
05:01 PM ---------------------------

"Kleindorfer, Paul" <kleindorfer@wharton.upenn.edu< on 03/08/2001 03:41:21 PM
To: "'vkamins@enron.com'" <vkamins@enron.com<
cc: "'mcrew@andromeda.rutgers.edu'" <mcrew@andromeda.rutgers.edu<
Subject: Invitation to the 20th Annual Rutgers Conference

Vince:

For two decades now, I have been a member of the faculty helping to organize
the Eastern Conferences on Regulation and Competition that Michael Crew of
Rutgers has chaired. This year will be, in fact, the 20th anniversary
conference and a number of notable personages will be joining us to celebrate
what we have learned and what we haven't about the economics of network
industries. Fred Kahn, Al Philipps, Bill Hogan and a number of other
distinguished academics will be reviewing our progress and the prospects for
the future. The conference will take place at a beautiful site in the
Poconos, about 90 minutes north of Philadelphia, from Wednesday afternoon May
24th to Friday afternoon May 26th. You can check for yourself the nature of
the program and the conference site/hotel at the following website URL:

http://www.rci.rutgers.edu/~crri/WS.htm

Michael Crew and I would both be delighted if you would be willing to be an
after dinner speaker on Thursday evening (May 25th), just before the key
research reviews of Friday morning take place on the electricity, telephone
and gas industries, and following a day of special topics on emerging power
markets and other developments in network industries. Naturally we would be
pleased if you would be able to stay for the entire conference, but knowing
your schedule, you may only have time for a part of it. That would not be a
problem. The usual after-dinner address is for 30 minutes, followed by a
short Q&A period.

Your presentation would help to underline the tremendous importance of Enron
in driving the development of new risk instruments to assist in price
discovery and efficient risk management for market participants, in energy
markets and more generally. Both Michael and I feel that your perspectives
on the "new science of risk management" and what can be expected from it
could be a very important addition to this special anniversay event.

Please let me know (and please do copy Michael on your response) whether your
schedule will allow your participation in this very special event. Michael
and I would, of course, be very happy to follow up with you in discussing the
nature of the presentation, participants and so forth, if this is a go. I
look forward to hearing from you.

Regards,

Paul
Paul Kleindorfer
215 898-5830