Top 20 Regulatory Risks

Mark & Rick --

I am trying to id and assess the risk within Enron's global assets and
positions. I need your help is making sure that these are the positions
which are critical (biggest risk) and that we have the right people on the
job.

The review team will involve (1) someone from my team, (2) someone from your
team, and (3) someone from the Regulatory Risk Working Group (to try and get
some consistency).

I have not finished all assignments but would appreciate your comments.

Thanks,

JDS