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My complete and heart-felt condolences go out to all my American friends.
India shares your grief.
I only hope that out of this calamity, America's wrath shall bring retribution without end.
Annat Jain
| Condolence |
Please open the attached file to read the complete text of the following items: 07:24AM EDT 31-MAY-01 ABN AMRO INC. (CIHRA,ROBERT) CPQ DELL GTW COMPAQ COMPUTER: LOWERING ESTIMATES 04:21PM EDT 30-MAY-01 BEAR STEARNS (J. NEFF/BOBBA/HAND) IBM HWP EMC: LOWERING ESTIMATES; MAINTAIN ATTRACTIVE 06:38AM EDT 31-MAY-01 PRUDENTIAL SECURITIES (H.MOSESMANN) INTC AMD INTC: UPDATE FROM TAIWAN.
QUARTER TRACKING TOWARD LOWER END OF GUIDANCE 02:39PM EDT 30-MAY-01 UBS WARBURG (US) (YOUNG, DON) GTW AAPL CP GTW: PRICE WAR - COOL !
11:45AM EDT 30-MAY-01 LEHMAN BROTHERS (ELLING, GEORGE) SUNW EMC HW SUN MICROSYSTEMS: 4Q01 GUIDANCE LOWERED; EUROPE WEAK 08:59AM EDT 31-MAY-01 J.P. MORGAN (WALTER J. WINNITZKI) TECD CPQ DELL IM DZTK TECD: Q1 SOLID, BUT GUIDANCE REDUCED DUE TO INDUSTRY CONDITIONS <<5.31.01 Analyst Reports.doc>> The analyst reports provided are reports prepared by independent analysts who monitor and track Compaq's performance.
These reports are not prepared by or at the direction of Compaq and as a result, Compaq is not endorsing or verifying the information contained in these reports or endorsing any of these analysts.
These reports are being provided solely for business reasons and as a result, do not distribute these reports to other individuals outside of Compaq.
If other individuals are interested in receiving the reports provided herein, please contact Elizabeth Davis in Compaq's Investor Relations Department at elizabeth.davis@compaq.com.
| Financial Analysts' Reports for 5.31.01 |
Dear Mr. Lay, It was so wonderful to see you and Linda at the party on Sat.
night.
We had such a great time seeing so many friends.
My dad had a good time as well.
He said it was the latest he has stayed out in a long time, and for a good reason.
He has such wonderful friends.
I want to thank you for considering helping me in acheiving my goal which is to get Laura Bush to speak at a fund raiser for our school.
The event will be in April; of course depending on her schedule this can change, but we have reserved the Snowmass Conference Center for the 19th.
This is a great celebration for us and for education.
If you watch our video I am sending for your viewing you will understand what we have been through just to have the right to keep our doors open.
We settled with Pitkin County several years ago on a Supreme Court ruling by Judge Madge in our favor.
We were able to use those funds to build our current building.
We will be making a new video for the gala that will include our high school.
The current video was made two years ago when we decided to embark upon high school.
I know you understand the draw Mrs. Bush would have at such an event.
It would be very meaningful for us if she could attend the celebration.
I appreciate anything you could do that would encourage her to come.
I hope you and Linda will keep this time open on your busy schedules and attend.
We are hoping to set into place endowment and educational chairs that will secure the future of our school.
I may have mentioned our next endeavor we see in our future would be to open the school up for others across the country to come and take advantage of the beautiful surroundings as well as the christian education.
We will have host families that will house the students at first until we can absorb them perhaps as boarders.
We know God is in charge and He will direct our path in this possibility.
I did not get the chance to also tell you how grateful we are as a school for Technology for All.
Our little school was the test pilot and the first out of state set up and delivery.
Of course, I told them that if I had to drive to Texas to get them I would and that is just what we did on one of our Spring Breaks.
We loaded up a UHaul and drove 15 computers back to Basalt for our state of the art computer lab.
We have a wonderful man who has networked them all We are modem, cd rom and internet compatable now.
We have just received more for each of our high school classrooms from the office in Denver.
The fruit of your labor is prospering and we are so thankful.
We probably have one of the best computer labs in the valley.
| Laura Bush |
Dear Mr. Lay: I am responsible for preparing your briefing book for the first Enron Community Forum, to be held Oct. 3 and 4 in Pentagon City, Virginia.
I am also responsible for preparing remarks that you are scheduled to make at two specific events at the Forum, namely the evening keynote address on Wednesday, 10/3, and the opening remarks at a luncheon on Thursday, 10/4.
The subject of the evening keynote address is "Differing Visions of America's Energy Future."
It is supposed to be followed by a dinner conversation with a panel of leading policy makers.
The subject of the luncheon roundtable of "Virtual Energy Markets: A Look Ahead."
On our program, there is a list of seven featured commentators who are supposed to get the attendees to discuss the topic, following your remarks.
I have some ideas and themes that you may wish to pursue on both of these subjects.
But I am communicating with you to find out if there are particular matters you want to be addressed, and specific approaches to these issues that are best for your constituency in the audience.
I am working with Dennis Vegas and Margaret Allen in the public affairs group on this event, and will keep them informed of any developments.
I look forward to hearing from you.
Please contact me if you have further questions.
Sincerely,
| Enron Community Forum event preparations |
Dear Mr. Lay, I am sure no one could imagine the worry and mental anguish you have had to endure these past weeks.
I pray for you that you will continue to have the strength to move forward during these trying times.
Mr. Lay, I'm really a "nobody".
I started my career back in 1972 with Northern Petrochemical in Morris Illinois.
I worked there for two years then quit to return to college to earn my engineering degree.
I graduated in 1979 at the age of 29.
Upon graduation, I hired back with Northern Natural Gas in Liberal Kansas.
I continued my career with Enron until January 15 this year.
I had been expat with EE&CC until Nov. 14, 2000.
When I returned to Houston, I found out that I had been "redeployed".
To my disappointment, I was unable to find another position and was severed on Jan. 15, 2001.
As you can imagine, by saving my money, working hard, and receiving stock options, I had accumulated enough money to go ahead and retire.
I was feeling good about my career, my life with Enron, the years of sacrificing time and effort for the betterment of the company.
(You know, in spite of what's happened since Jan. 15, I still feel good about all the years I dedicated to the company.)
You know what else, I still have the upmost respect and confidence in you.
I really hope your self confidence is not slipping.
You've accomplished great things with this company.
You can continue to lead us through these trying times.
I know you can!
In closing, I just want to say "thanks".
Thanks for
| Keeping the Faith |
Dear CEO Kenneth Lay: The conversion rate of .15 is not acceptable to shareholders.
It should be at least .2 or above.
We need to get bidders and more banks to back up Enron while talking to Dynergy.
.15 ratio was proposed by some analysts who short the ENE stocks when the price was at above $9.
The number .15 was published in media again last week or so.
ENE should not take this outrage number.
These hedge fund and short sellers will be happy if the ratio is .15.
I think .2 ratio is our bottom line.
May god gives you wisdom.
Peter
| ACT: conversion rate |
Mr. Lay, =09My name is Stephen Perich and I am an analyst working in Gas Trading.
I= just wanted to write you and give you an update on the mood here on the fl= oor, which I expect can be found throughout the company given the current s= ituation.
Although we continue to work and perform our jobs, I have been h= earing some comments that suggest some people might be giving up.
When sma= ll problems arise, one can hear, "Don't worry about it, it doesn't matter n= ow anyway."
That kind of attitude at this time is detrimental, what we sho= uld be seeing is extra effort to try and reverse the situation.
=20 =09I would never presume to know how a CEO should act in these circumstance= s. In fact, I know that you must have a good idea how to handle these situ= ations, or you would not be the leader of this great company.
However, I d= o know that you are still our leader, and we look to you and trust you to d= o your best.
I have faith that you are doing your best, and I can imagine = how difficult your job is right now.
But I think there are some who might = be starting to question management's decisions, and even if those decisions= are contingent upon a concern for the employees' interests.
I think this = can be solved through one of our core values, COMMUNICATION.
I am sure tha= t whatever is going on right now is speculative and that no one is sure of = anything, and that is exactly what we are hearing from CNBC.
But I don't t= hink that the employees want to hear it from CNBC, they would like to hear = it from their leader.
Even if nothing is concrete, you have no definitive = answers, and you really have no idea what is going to happen, just send us = an email saying, "I know you are all on edge about what is going on, but ri= ght now I have nothing concrete to report, I have no definitive answers, an= d I really don't have any idea what will happen, but I will let you know as= soon as I do."
I can't emphasize how much it would mean for the employees= to hear that.
=20 =09I also would like to thank you for your hard work, I can imagine you are= enduring stress which none of us are familiar with.
But please remember t= hat you are CEO for a reason, be confident in your abilities and in those o= f you subordinates, and continue to work hard.
Thanks again and good luck.=
| Employee Morale |
Hi, My name is Kevin Jackson and I had an idea while at the Body shop today.
Would it be possible to propose that Enron operate as a subsidiary of Dynegy, with the option to become an independent company after two years?
Without understanding the details of the merger conversations and options, it is my feeling that this could be beneficial for both companies.
Enron would obtain the cash infusion that it need, maintaining the culture and pulse of what makes us leaders; and Dynegy would retain its stock value and increase its bottom line profitability by having Enron as a substantial asset to its overall business portfolio.
We as employees of Enron are here because we are proud of a culture that sets us apart from any other company in the world.
Regardless of what is going on around us, we can still stand proud of what we have accomplished and the great talent pool we have here.
I know times are tough for you now as it is for us all, but we will survive and I support and trust your vision that made us a great company.
Thanks and I am interested in your feedback.
Regards,
| Company saving idea |
Psalms 9:10 "Those who know your name will trust in you, for you, LORD, have never forsaken those who seek you. "
Thank you, Lord, that Mr. Lay is one that knows your name.
Help him, Lord, that even though things look absolutely awful, we look to you for you are our help.
You are an ever present help in time of trouble.
All that call upon the name of the Lord will be saved.
We will not tell you how our salvation should look, we will just trust in the One that can save us.
We trust in your gentle, loving kindness.
Your heart that has good thoughts towards us that we may have an expected end.
Lord, the end looks like disaster right now.
Oh Lord, hear our cry for your name's sake.
Deliver us and we will proclaim your goodness to all.
Don't leave us to the hands of our enemies.
Thank you, Lord, that we see that we CANNOT trust in money or earthly riches and forgive us that we have momentarily sinned but Yes, Lord, we see that we can ONLY trust in you.
Great is your faithfulness!
| Psalms 9:10 |
This is a post only message.
Please do not reply to this e-mail.
If you do not wish to receive e-mail notifications in the future, please e-mail us at seminars@aei.org, and we will take your name off the list.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ROK-U.S. Alliance: Working Together for Lasting Peace on the Korean Peninsula Monday, June 11, 2001, 10:00 a.m.*2:00 p.m. Wohlstetter Conference Center, Twelfth Floor, AEI As the first anniversary of Republic of Korea president Kim Dae-jung's historical trip to Pyongyang last June draws near, leading members of Korea's Millennium Democratic Party (MDP) as well as Korean and American public policy experts will gather at AEI to discuss the possible process of unification of the two Koreas.
Panelists will examine the present situation, the economic, social, legal, and policy implications of an eventual reconciliation and cooperation between the two Koreas, as well as the role of the United States in assuring a lasting peace in the area.
Minister of Foreign Affairs and Trade Han Seung-soo of the Republic of Korea will deliver a special luncheon address.
9:45 a.m.
Registration 10:00 Welcome: Arthur Waldron, AEI Yoo Jay-kun, MDP Presentation: Stephen Bosworth, Tufts University Moon Chung-in, Yonsei University Discussants: Nicholas Eberstadt, AEI Kim Un-yong, MDP Yoo Jay-kun, MDP Moderator: James R. Lilley, AEI 12:30 p.m.
Luncheon Introduction: Christopher DeMuth, AEI Speaker: Han Seung-soo, Ministry of Foreign Affairs and Trade 2:00 Adjournment I will attend the conference on Monday, June 11.
Name: Title: Affiliation: Address: City/State/Zip: Telephone: Fax: _______________________________________
| Conference Invitation from AEI |
Mr. Lay, These are tough times for our company.
There is a lot of justified anger and deep disappointment among our employees and shareholders.
However, at this time I want to thank you for sticking with us and helping to get the best deal for Enron.
You could have washed your hands, walked away and left us holding the bag.
But, you did not.
It is reassuring that you are a CEO who will take the heat and do what is best for the company.
It measures the true character of the man.
It is unfortunate that you placed so much faith in those who have brought our company down.
However, it shows that you like the rest of us are only human.
I've admired your work over the years and am honored I was able to be a part of your organization.
I pray that God will be with you during this turmoil and He will give you strength to see it through.
I will always remember my days at Enron with pride.
I enjoyed the many great men and women I worked with.
Thank you again, Mr. Lay, for all you have done.
| Thank You |
Hello again.
Out of all of the stuff in the media, this is the most informative of all we have seen.
Very well said.
We wish all the best for those effected and Houston as we move through this.
When the dust clears, Enron will be remembered as a pioneer and great corporate citizen.
Best, Mark
| Enron Is History, Says History per the WSJ Page A19 |
Ken - We're still supporting the ship and want you at the helm.
It's time to get you and your team in control of this place...quickly please.
It's a tough time but we're still ready to roll up our sleeves and battle out of this predicament together.
You're in our thoughts and prayers.
Sarah Davis Terrie Wheeler Ryan Seleznov
| We're behind you !! |
Hi Ken, I just wanted to take a moment to thank you for everything you're trying to do for us during this horrible situation.
It would have been easy to stay at home (many people would have) and watch events unfold but you had the guts and the heart to come back and take this thing head on.
Being a 21+ year Enron/NNG employee, this situation has been heartbreaking...
I know you're there too.
Many employees are sitting around in a daze over everything we've lost; I've lost everything too, BUT there are SO many things I have in my life that I would never have achieved had it not been for you and your leadership.
I am eternally grateful for everything you've done for Enron and for me personally.
Hang in there, we still believe in you and this company.
God Bless You, Craig Buehler
| Thank You |
Mr. Lay, Even though this will in all probability never even be read, I would still like you to know I am proud to have at least been part of Enron.
I am a foreigner and came to work for you a year ago exactly.
I can clearly remember how all I knew here said how lucky a <beep> I was to work for the most safe and good company in all of Texas and probably way beyond it.
I am from the Netherlands and what I call 'imaging', was unknown to me.
Still, here I am, now fully cooperating by being very proud to work for my company, Enron.
These are trying times for all of us.
It is hard to even smile back at people that make cheerful little jokes about the situation we are in.
When something negative is being said, I'll be there jumping the barricades defending what I know Enron to be.
Unfortunately, in the wee hours when there is nothing left to fight and all you can do is wonder about what the heck is going on, I become upset.
Upset with myself for defending Enron while I have no idea what I am talking about.
All we all know is what we read online, see on the news and read in the paper.
Usually people outside know more than we right here at that, according to your emails, powerful pumping and beating heart committed to get us out of the predicament we are in.
Now, I ask you, is there anyway you can give us a little more of that Enron feeling?
We all know that we have to prepare for the worst, but nobody knows anything so to say.
Even if we stay loyal and try and not update that resume and not look for jobs, we don't know what is the least that we can expect at the end of the day.
Sure, it must be possible for us to go and find out online what the little rules are and guess what we can expect.
Instead how about doing that 'imaging' again.
Us being proud that even if we end up being let go, that we were informed and knew what was coming.
Bestow on us that what you gave us the first day we came in: Our Values.
With kind regards, Guido Govers Enron Networks 5-4704
| Our Values |
Greetings Technology For All Board Members: Several of you have seen the announcement today that Enron received notice from Dynegy, Inc. that it is terminating the merger aggreement between it and Enron.
In addition, Standard and Poor's, Moody Investors Service and Fitch, Inc. downgraded Enron's long-term debt to below investment grade.
Technology For All has been the recipient of significant support from Enron as a national sponsor.
We are grateful for Enron's support and the support of Ken Lay.
We acknowledge the enormous credibilty that support has given us to expand our vision and mission.
We now have direct supportive relationships with 200+ Community Technology Centers in 15 U.S. cities including our local TFA affiliates in Houston, Denver and Cleveland, Ohio.
We estimate that 30,000-50,000 persons each week are positively impacted by these program partnerships.
With the Enron announcements today in the press, I wanted to inform you of my actions in response to these developments.
Enron's commitment to Technology For All was a commitment of three items over three years: Cash, Connectivity on the Enron Network and in-kind contributions of hardware and/or other services.
The commitment was to expire at the end of 2002.
Therefore, 2/3 of the cash commitment has been received by TFA.
We have received some in-kind contributions, but never finalized the provision of connectivity on the Enron Network.
To date, continuing connectivity has generously been provided by FYI-Net, a privately owned company of which Scott Yeager and members of his family are the largest stockholders.
Therefore, while significant to TFA, the Enron developments will not shutdown our vital mission to bring technology to underserved communities.
Our vision continues to be focused on using technology as a tool with the disadvantaged and underserved to bring about sustainable and meaningful change in their communities.
Over the past several weeks as Enron situation has unfolded, we have done and are doing several things to preserve our core missional focus.
1) In expectation of reduced revenue, we have been cutting expenses significantly and will be announcing several layoffs in the next few days.
I have taken a voluntary 10% reduction in income and Douglas Caldwell has taken a voluntary 5% reduction in income.
2) With the assistance of a "Capacity Building" tool developed by McKinsey & Co. for the Venture Philanthropy Partners Group out of Washington DC., we are in the midst of strategic planning effort that will help us rewrite our business plan.
This effort will help us focus on the capacity building activities most vital to our core mission and develop a "go forward" plan.
3) We are intensely developing other relationships with corporate and foundation funders that are project specific and results oriented.
Almost all of my time will be focused on fund raising activites.
We have several potential relationships under development.
The diversification of our donor basis is criticial to the future of our mission.
To set an example for potential donors, in addition to the reduction in salary, my 2001 gifts to TFA equal 1% of my annual income.
4) I have named Douglas Caldwell to serve in an expanded position of leadership as the Chief Operating Officer.
As the COO, Douglas now has responsibility and authority for the day-to-day operations of Technology For All and also for Technology For All-Houston.
This decision was made in consultation with Jack Trotter, Scott Yeager and Jack Clark.
As some of you already know, Douglas brings many skills to this new role.
In addition to his numerous contacts with potential funding sources, he is able to see the big picture of our common vision while at the same time is also able to drill down to the details required to accomplish it.
He is also a person who manages resources well.
While this is always important, this is especially important during this time of economic uncertainty.
We must be good stewards of our available resources.
5.
It is my recomendation to the TFA Board that we establish advisory boards in each TFA city and at the national level to help carry the TFA banner and to raise the dollars necessary to support our core programs and activies.
The TFA-Houston Board of Directors unanimously affirmed this recomendation for Houston.
I solicit your support of this recomendation on a national level and your suggestions of persons who may be potential advisory board members.
6.
We are in the final stages of preparation for a larger three year proposal for a Houston Workforce Development Initiative that will utilize our SmartForce content in collaboration with over 100 of our community program partners.
It is our intent to pitch this first to Houston's Brown Foundation for a three year commitment.
The support of our board will be vital to the success of this proposal.
Mr. Valenti, I will be calling you and others to assist with this.
Please call me if you have any questions regarding my plans.
I look forward to your comments and reflections.
Regards,
| Enron Situation and Technology For All: A Note from Will Reed |
Mark, David Robyn & Liz, If you need cash, but don't want to sell stock or options, I have a possible solution.
I am currently waiting for approval for a Line of Credit (LOC) at PaineWebber.
I don't know how much each of you has there, but I have all of my assets (stocks) held there, which includes managed accounts (i.e., Cypress Asset & TCW).
If you need funds for something, such as a private investment, a new car or to pay down some other more costly debt, then you can draw on this LOC up to 65% the value of the collateral.
The terms of the LOC does not allow for the purchase public equities (stocks).
I will say that we are getting the "family special" on this, because this would typically only be offered to clients that had tens of millions with PaineWebber.
The LOC terms are the following: (1) Must have combined assets > $550,000 held at Painewebber (must be marketable securities, excludes PaineWebber alternative investments) (2) Rate is 30 day-LIBOR plus 45 basis points (same rate for KLL/LPL) (3) 65% LTV Alternatively, you can borrow on your margin account there if you already have one.
However, the LTV is only 50%.
I notified Ann Bennett (PaineWebber) today that this might be of interest for some of you.
You can call her directly at 713-957-7042 to set this up.
I would be happy to discuss this further with any of you.
Beau
| PW - Line of Credit |
Dear Ken: I just wanted to let you know that despite all that has happened in the last few days,I am confident that under your leadership we will come back even stronger!
The Enron you have built over the past years still remains the best place to work today, as it did when I first came on-board as an Associate in the Research Group.
God Bless!
Regards,
| We have faith in you! |
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
| Your efforts are appreciated |
Mr. Lay, Enron has been very good to our contract company.
We have very little expectation of being paid but we love this company as much as you do.
We work in your corporate records with a great group of people and I feel we are needed there at this time.
We have so much faith in you and we know you will pull Enron through this tumultuous time.
This is meant to be a note of encouragement for a man we all admire very much.
You've done it before.
You can do it again.
| faith |
Dr. Lay, What a joke ... Do realize how lives you and your board of directors have ruined >>>> all because of greed and power ....
I looked up to for a while building a great company nice place to work but then greed got in your way ...
Lets hear again why Skilling quit ??
because of family ... BS.
Over the past ten years i have worked at Enron as a computer contractor in payroll and i saw the outlandish executive bonuses and money to the islands.
I hope you get justly fined and sent to prison for the fraud you have committed.
The few shares of enron i have left are not worth the paper they are printed on.....i also saw all the stock options you and the board have excersied over thats few years 100s of million dollars what a shame ...
When you opted to replace the oracle Payroll with SAP I new you were loosing your mind .... all the great people that made you now have to find a job replace their retirement and hope for the best.
I hope we never meet ... craig cannon a stock holder
| GREED |
A SUGGESTION FOR POSSIBLE SURVIVAL Dear Mr. Lay, A suggestion that may keep the "wolf from the door".
The Enron corporate structure is already very compartmentalized, with many separate companies defining the overall business structure.
My suggestion would be to take this concept even further.
Reorganize (before bankruptcy) and allow Enron Corp. to be only a holding company with each of its current departmental companies becoming independent "profit center" companies.
These new corporations could negotiate independently with creditors, and even authorize the exchanging of their equity for additional credit or refinancing.
(Private placements of equity, with a stated goal of bringing these "profit center" companies public, should interest creditors and investment banks.)
The creditors could get their assurances.
Current stockholders keep their investments in the holding company (with some perceived dilution); And long-term, perhaps, Enron emerges as a mini conglomerate like Tyco.
Best wishes, May the Lord be with you and yours, Kerry J Hodgkinson 9011 Hartzog Street Orange, Texas 77632
| A SUGGESTION FOR POSSIBLE SURVIVAL |
The tears rolled down my face the night Channel 11 broke through with the a= nnouncement that Enron was going to merge with Dynegy.
My heart was breakin= g, seeing the hurt in Ken Lay's eyes and to see our company tumbling down a= s if it was the New York Trade Center this was my first thought and questio= n how could a few cruel and selfish individuals bring something so wonderfu= l down after so many years of hard work?
The E means something to me.
I'm s= o proud to be apart of this great company that you and Enron employees buil= t. There are so many roomers of blame, but I can't for a second believe you= had anything to do with this I know your a man of your word and speak from= your heart and I'm so sorry you couldn't enjoy your retirement and had to = come back to this mess.
I just wanted you to know that I'm behind your deci= sions and have the utmost respect for you also.
Hopefully some day the indi= viduals that put this great company down will be held accountable and be ma= de put the money they stole back to the company.
Take care of yourself and = your health we need you.
Sincerely, Velvet
| Heart Breaking |
Just a reminder about our latest energy study release.
We appreciate the RSVPs we have received - if you have not yet responded, please let us know if you are planning to come.
Questions may be addressed to Jason Lyons at jelyons@alumni.rice.edu.
Thank you for your continued support of the Baker Institute Energy Forum.
The Energy Forum of The James A. Baker III Institute for Public Policy cordially invites you to a presentation of the findings of our studies on "New Energy Technologies: A Policy Framework for Micro-Nuclear Technology" and "New Energy Technologies in the Natural Gas Sectors: A Policy Framework for Japan and Developments in Atlantic Basin LNG."
Monday, December 3, 2001 11:30 a.m. Baker Hall Wine and Cheese Reception to Follow
| [ENERGYFORUM] Baker Institute Energy Forum Reminder |
To my dearest precious husband, Please reread every word of this and do it because you love me.
"Be of good courage, and He shall strengthen your heart, all you who hope in the Lord."
- Psalm 31:24 Courage belongs to those who know God, says the psalmist.
And, I say we all need to continually affirm God's power to protect us.
Today I have created a litany which affirms our faith in God's power, so that we need never be afraid.
Since our current situation strikes fear in our hearts, read this litany of courage and praise.
You need never be afraid!
When I am being tested beyond measure in my job responsibilities ...
I will put my trust in God.
When I am facing the greatest hurdles of my life...
The Lord gives me courage!
When I feel like I am completely alone...
The Lord is my light and salvation!
When I feel like the bottom is falling out... My heart shall know no fear!
God will save me!
When I have no other answers or solutions... God will send the help I need!
When I go through every terrifying minute of the day...
I am expecting the Lord to rescue me!
When I think failure is upon me...
I am brave, for God's power is greater than any situation I could possibly face today.
"FEAR NOT, FOR I HAVE REDEEMED YOU; I HAVE CALLED YOU BY YOUR NAME, KEN AND BEAU, YOU ARE MINE.
WHEN YOU GO THROUGH THE WATERS AND GREAT TROUBLE I WILL BE WITH YOU.
WHEN YOU GO THROUGH RIVERS, THEY SHALL NOT OVERFLOW YOU.
WHEN YOU WALK THROUGH THE FIRE YOU SHALL NOT BE BURNED, NOR THE FLAME SCORCH YOU.
FOR I AM THE LORD YOUR GOD, YOUR SAVIOR...YOU ARE PRECIOUS IN MY SIGHT, YOU HAVE BEEN HONORED, AND I HAVE LOVED YOU.
FEAR NOT, FOR I AM WITH YOU."
Isaiah 43:1-5 The bottom line of our life should be faith, not fear, so live today controlled by God-inspired positive thoughts!!!
Love and prayers,
| Very Important!!! |
Dear Mr. Lay, I have no idea if this e-mail will reach you, but, I felt I would at least try.
My name is Jim Edwards and I am the CEO of Brittan Communications International, Inc., (BCI).
For different reasons and on a scale that 1/1000th of that of Enron, BCI had to shut it's doors in the midst of a great deal of mis-understandings and information.
The people that got hurt by it caused me great emotional pain at many levels, for it was not my desire at any time to do anything except that it was good for them.
One can feel very alone at a time like this and words can not describe all the feelings that go with an event like this for someone in your position.
I do feel that I can relate because of my experience with BCI.
Other than to tell you that you are not alone, and that you will survive this to go forward again, I can not say much that will help.
Take heart, hold on, and believe.
Prayer helps and I will say one for you.
If for any reason you wish to talk my number is 281-558-6365, my e-mail is jgedwards@hotmail.com .
Regards,
| Personal & Confidential |
Dear Ken, Having been deeply involved at the birth of Enron I,in a very insignificant way,share the immense pain you certainly feel.The only conceivable solace comes from The Course in Miracles which tells us that "we are as God created us" and the Bible which says "this too will pass".You and all the Enron family are in Pat and my prayers.
As you are obviously deciding on all crucial corporate and personal matters at this critical time please, if at all possible,look favorably at my previously sub- mitted formal request to receive the discounted lump sum distribution of my retire- ment funds authorized under the 1994 Deferral Plan.At this most difficult time I greatly appreciate your attention to this request.
Respectfully Submitted, Lou Potempa
| Solace\Personal |
This has been turned off for whatever reason.
Pls.
get it turned back on.
We cannot function with other departments if we don't have their extensions.
| People Finder |
You may recall that Lilly entered into a joint venture with Chugai in 1999 to gain assistance with developing a number of Lilly compounds in Japan and as an opportunity to work closely with Chugai as a prelude to acquiring a significant interest in the company.
As we discussed in June, it became clear that Lilly would not acquire such interest in Chugai and we no longer need Chugai's help with clinical development.
Therefore, we decided to terminate the joint venture.
Attached to this message is a copy of the press release Chugai will issue tomorrow morning regarding the dissolution of the joint venture and a related amendment to the 1995 agreement under which Chugai will co-market raloxifene.
Please do not hesitate to call me if you have any questions in this regard.
Alecia A. DeCoudreaux - CLCR Release Eng final version.doc
| Chugai |
Mr. Kenneth Lay, I am the main shareholder of the european company called ECOSQUARE.
The company is owned also by NOMURA, the bank of Japan, and by CISALPINA GESTIONI, an italian equity fund.
I'm writing You about the facts of ENRON, today.
I'm interested in Your activities about the trading of energy, raw materials and so on but also in a strong partnership could take a new interest from institutional investors.
ECOSQUARE works as broker of wastes, by-products, secondary materials and recyclables, all around the world.
ECOSQUARE was founded in 2000 and we are quickly developing a very good international business model with an addressable market evaluated in many billions of US dollar.
Today I am in New York City and I would have the fly to return in Europe tomorrow evening.
If You consider interesting evaluate the partnership I will meet You in NYC as soon as possible before Sunday when I have to go in Italy for some meetings.
I am 32 old, I have studied nuclear engineering, I was been an assistant of Professor Ilya Prigogine in Brussels, I am the founder and chief executive of ECOSQUARE Co.
I am well known in Harvard University too.
From 2002 I will be in World Economic Forum as new member.
You can find other informations about me also by BLOOMBERG Terminals in "Who'sWho".
You can reach me in United States today by mobile +39-348-4767153.
Kind Regards,
| URGENT PROPOSAL- TO MR. K.LAY |
Ken, I am interested in a Board position with a mid-market publicly traded company.
I have 25 years of solid business experience with strengths in Finance, Technology, and Human Resources.
I have served on numerous Non-profit Boards and have an excellent track record for my work.
This position would also provide me the flexibility to spend some time in Washington DC to support the Bush Administration.
Attached is my resume.
Please review and provide feedback.
Look forward to hearing from you.
Will be out of the country from June 1-12, 2001.
| Board Position |
Dear Mr. Lay =09Through all of the trials and negativity that is occurring I would like = to send these words of encouragement from my family and I. I have been wit= h this company 21 years.
We have had many wonderful and exciting years wit= h Enron.
When I first met my wife six years ago she was 90% in both ears.
= Through the blessing of our insurance plan she now today has 98% hearing c= apacity in both ears.
The many years of working for Enron has provided me = with a steady job and a good income, while allowing me to work on my Ph.D. = The many friendships and relationships I have been blessed with through wo= rking for this company will be treasured for the rest of my life.
Yes, I a= m one of the employees who have lost their retirement, but through all of t= his my wife and I would like to send our vote of confidence to you and the = board to be able to find ways to make the impossible happen.
This company = was built to be one of the worlds largest companies through your efforts ov= er the past several years.
Yes, there has been experiments in going beyond= normal paradigms and there has been mistakes made.
But through the mistak= es is where the true gift of learning and stability comes.
=09The ultimate challenge in life is not how much money one can make or tha= t first ultimate achievement.
The ultimate challenge in life is "CAN I DO = IT AGAIN?"
We believe, that Enron can learn from what is happening and even= tually become bigger, better, and stronger than it has ever been.
And we b= elieve that you, Ken Lay, CAN DO IT AGAIN, bigger and better than it was do= ne before.
=20 =09I remember once reading about Donald Trump going into bankruptcy.
He su= mmoned before him the best advisors in the world to pull the most educated = and smartest financial people together to find a solution, and he moved on = to build bigger and better investments.
"HE DID IT AGAIN."
=09The true answers to the impossible come from the heart during our quiet = moments with ourselves, in these moments I know you will find the answers.
= My family and I have chosen to start the turn around of the negativity int= o a positive direction by believing that you and our board can make the imp= ossible happen.
We have freely chosen to take the last $10,000 we have in = our 401k and invest it into Enron Stock as a show of faith to ourselves tha= t we believe the impossible can happen.
If anyone does not have the faith = in themselves to make this happen please let our faith in you be yours for = now.
Enron has always tried to go beyond the normal paradigms and can take= advantage of this tremendous opportunity to create the impossible and do s= omething that has never been done before.
"WE CAN DO IT AGAIN!"
=09My family and I send all of you our love, faith and belief in yourself t= o do the impossible Michael Underwood Northern Natural Gas Minneapolis, Minnesota
| Words of encouragement |
Dear Mr. Lay: I'm writing this note to you as a show of support to you during your dire times.
The reason that I share this with you is my respect for you as a CEO, a business leader and a person.
My wife is one of your employees who routinely shares stories about you that are nothing less than inspiring.
I know that during difficult times, sometimes words emerge that can help people through difficult times.
I believe that you are sincere man and know that you must be broken hearted, but I hope that this article can help you lead a dispirted workforce to see things more clearly.
My wife, Shelly Pierce, has worked for Enron for the past two years and like many of your employees, has lost a great deal of her life savings.
Of course, I accept most of the blame for this for reasons related to this article.
I lost my investment discipline and held out the false hope that Enron could not falter.
After reading the article to her while I was out of town, I believe that her spirit was a bit rejuvenated and she was ready to face the challenges that lay before you.
Mr. Lay, I appreciate the opportunity that you have given my wife and our family and hope that this story inspires you to regain your successes.
| A Supportive Note |
A outside source suggested to me that I, as a stockholder, should E-Mail my senator and request the government's help to bail out Enron.
After all they bailed out Chrysler, the airlines, and many other companies and are helping Afghan.
Enron was the 7th largest company in the US.
The government should help Enron while we restructure.
Can Enron E-Mail all employees and stockholders and request they E-Mail their Senator &/or Congressman and suggest the above.
| Restructuring Enron |
DEAR KEN , I JUST WANT TO WRITE YOU A SHORT NOTE TO EXPRESS HOW SORRY I AM FOR THE PAIN AND ORDEAL YOU HAVE BEEN SUBJECTED TO THESE PAST FEW WEEKS.
NO MAN WHO HAS DONE SO MUCH FOR SO MANY SHOULD HAVE TO FACE DAY AFTER DAY WHAT YOU MUST BE GOING THROUGH .
YOU ARE A GIANT AND A HERO IN MY EYES AND WILL ALWAYS REMAIN SO.
MY DAUGHTERS , SISTER , AND I ARE PROUD TO HAVE BEEN ASSOCIATED WITH YOU AND LINDA AND TO CALL YOU OUR FRIENDS AND FAMILY.
HOPE TO SEE THE BOTH OF YOU SOON..................DON PATE
| (no subject) |
Dear Mr. Lay, You should hire me to be part of the strategic planning/reorganization team addressing Enron's current situation.
Whether your goal is to salvage the company or to attract buyers, I can add value to this effort.
My qualifications are the following.
I have been a "Big 5" consultant.
I can identify recommendations whose implementation was never considered during analysis.
I have worked in a variety of industries and learned the ropes quickly for each.
I have a graduate degree, but I worked in the real world while I earned it.
I am not a "yes" man and don't believe in sucking up.
I make decisions and am accountable for my actions.
Your company will be remembered as an MBA case study.
Some ambitious professor is probably penning the intial draft as I send this e-mail.
But the ending for that case study has not been written, and I'd like to have a hand in determining the outcome.
I've attached my resume and respectfully request an interview.
You can reach me at (972) 979-6609 to schedule a meeting.
Thanks for your time,
| Reorganization Team |
i hope this gets to the president of enron.
you suck.
what you have done is no better than the Taliban.
YOU RUINED INNOCENT PEOPLES LIVES FOR YOUR OWN DISGUSTING PERSONAL GAIN.
YOU ARE SLEAZE AND MAY YOU ROT IN HELL
| you |
Good afternoon!
It is with great sadness that I must inform you that I have resigned from E= nron.
My last day is June 8.
Enron was a wonderful place to work and I hav= e had so many opportunities to meet quality people.
The most fulfilling ac= complishment for me is Cougars@Enron.
This group has enabled me a unique e= xperience in meeting many of you and creating a truly special team.
I feel = there is a real sense of Cougar pride here which made my experience that mu= ch more pleasurable.
Although I am leaving, Cougars@Enron remains.
We wil= l elect a new President prior to my departure.
If you show him/her as much= enthusiasm and support as you have shown me, the group will flourish to ne= w heights.
Always remember, it is you that makes this group successful!!
!= With over 600 of you employed by this company, you make a difference.
It= shows in everything we do from one of the (if not the) most successful fir= st year constituent golf tournament in HAO history/ to the inspiring of Tex= as A&M to form Aggies@Enron in our image/ to being the envy of other organi= zed groups.
I am incredibly proud to be a Cougar, not just because of the = university but the quality of our graduates.
Please keep the faith!
With = your support we will achieve new heights!
Again, THANK YOU and let's keep = in contact.
Like I said we are Cougars whether we are employed here or else= where.
My email address in jeffreymcclellan@zcougars.com.
Jeff PS: There will be a happy hour on the 8th.
If you would like to come, plea= se let me know and we will send details.
| Farewell |
Mr. Lay, I am a current holder of Enron common stock.
I would like your opinion.
I am 61 years old.
My first stock purchase was of my Enron stock earlier this year.
($38.65) I am not in the market for the short term.
I am not spending money that will affect my standard of living.
I am considering buying a couple of hundred shares of Enron stock.
Do you think this purchase would be an investment that will grow in the long term or would it be a donation to Enron's creditors.
Thank You.
| Investing advice |
Dear Mr. Lay, May the Holy Spirit guide you and give you strength.
There are still people who have faith in you.
I am one of them.
God bless.
Yours truly, Vicky Cleveland
| GOD BLESS |
Mr. Lay: =20 I would like to take this opportunity to thank you, from the bottom of my h= eart, for all the hard work you are trying to do, and continue to try to do= , on behalf of those of us who will always be proud to call Enron 'home'.
= I joined Enron a short 11 months ago, and moved from the New Hampshire Publ= ic Utilities Commission to do so, and will likely never regret taking the l= eap.
I have learned so much of value here, have broadened my horizons by or= ders of magnitude, and worked with so many top quality people, that I canno= t help but feel better for the experience.
I have enjoyed professional suc= cess and satisfaction beyond my wildest dreams with Enron, and will always = carry the confidence of having succeeded amongst the best there are in the = business.
I cannot help but feel terrible that so many wish to lay blame w= here it does not belong, but I can only assume that in times of crisis, lay= ing blame may soothe nerves and provide some comfort.
Know that there are = still many at Enron who admire the enormity of what you have done for energ= y markets in the United States, and have never doubted your integrity.
As = I, like many others, inevitably move on in these coming weeks and months, I= will leave with mainly good memories, and of course, the regret that such = an awesome organism like Enron could not survive forever.
My prayers and t= houghts are with you as you work so hard at preserving our core businesses,= and again, thank you for giving me the opportunity to have been a part of =
| Thank You for Your Hard Work |
Please inform Ken Lay that "Corporate Responsibility" is not just abandoning your European Colleagues and having their website taken down while yours remains intact, and while your Houston office, by and large, continues working.
Please tell Ken Lay we all here in Europe wish him all the very best of luck when Satan finally comes around and roasts his chestnuts on an open fire.
Merry Christmas Ken - love yah NOT
| Your website |
Dear Mr. Lay, My name is Djoefree Hermanto and I am one of Enron shareholders.
I just like to mention that I really have full confident in you.
Even though, the current Enron situation financially impacts my family, but I fully believe any decision that you will make is definitely the best for everyone of us.
I'll support you and your team with prayers.
Thank you.
Sincerely,
| I am confident in you (from shareholder) |
Mr Lay: It is easy for me to understand the feelings of anger of many of my co-workers and peers as the turn of events at Enron has probably taken the worst possible route.
I do not understand, however, why so many people blame you personally for the whole process.
This is a business issue, and as a business failure, the "fault" if there is such thing, belongs to no one.
It's just a fact of life that businesses fail, and businesses succeed.
Enron was always on top, and when that was the case, although people recognized your leadership, the common knowledge was that it was all a "team effort".
I find it unfair and unhealthy to hear people's currennt comments about upper management including, particularly, yourself.
I have the sense that for many people it has become a personal thing, and that should definitely should not be the case.
As a personal note, I have to say that I feel for you.
Seeing what you built for many years crumble to dust like Enron has, and then leave with that legacy must not be easy.
The closest analogy I can think of is the Concorde.
There are many parallels among the Concorde and Enron.
Both were a marvel of innovativeness, technology and talent, each in its own time.
After Concorde's first crash last year, it was imperative that it fly again.
It would have been a bitter and undignified end for such a graceful, advanced machine if it did not.
Many engineers, originally involved in the process of building Concorde in the 60's and 70's came out of retirement to participate in its modification process.
And now, it is flying again, with pride.
Given the pragmatic and cold facts of business, I do not think you will have that opportunity.
Whether Enron flies again (and I'm sure it will) you will not be a participant to its re-birth.
Even though for the past 2 months you have spent countless sleepless nights, away from your family and trying effortlessly to get the best possible solution, you will not be here to see the fruits of your work.
For some time to come, people will associate you with Enron's demise, and will blame you for it.
Few will remember that it was you who made Enron what it was, in our best days.
I believe strongly that that is not fair.
Thanks for what you have done, for the past 25 years and the past 3 weeks.
You are probably one of the people most affected by this, at least emotionally.
Thanks for your courage in keeping us updated, through voicemails and e-mails, knowing that most of them will be deleted, just by the mention of "office of the chairman".
And please keep in mind that there are a lot of people out there that recognize what you've done, your recent efforts, your strength and presence of mind in these tough times.
| Support |
Ken, My line manager in London was Steven Roselius.
He is a good guy with a family and a loyal company man.
He is a Texan and over in London on a two year contract.
Now he has just rented his house out in Houston on a six month contract so has no where to live and no job.
He has lost 100K in Enron stock.
If you can offer him any help please do so, he is under a lot of stress which he is taking quietly.
Regards,
| steven roselius |
1.
Just wanted to let you know that not every Californian agrees with our Attorney General.
2.
Read with interest a Dow Jones story regarding about a 4 page proposal Enron gave to Speaker Hertzberg allowing large commercial customers.
3.
Would love to see that proposal.
4.
Thanks.
| California |
I'm not sure to whom I should tell this information.
While at an appointment on Friday afternoon, one person I met with told me hearsay, that he had heard from Dynergy employees that Dynergy had never had any intention of the merger succeeding, that the plan from the start was to get Enron's gas pipelines.
Given Enron's suit against Dynergy, I assume this is important to know.
If need be, I can tell you the name of the person who told me this, but I cannot vouch for what they said.
Sincerely yours,
| dynergy planned for merger to fail all along |
Dear Mr. Lay, I am a former Enron employee who voluntarily resigned from Enron in August of this year to spend more time with my two young children, Avery, 2 1/2 and Nate, 17 months.
These past few weeks have been devasting for a lot of people.
I personally have lost over $40,000 in my 401K which I was heavily investing in Enron stock since my first day there, February 1998.
I also lost all of my children's college funds, $10,000.
But, I am one of the lucky ones, I know.
The reason for this note is just to say that I think very highly of you and know what a GOOD person you are.
I was fortunate enough to have seen you on the Crystal Cathedrial a while back, and I know that you are a caring Christian man.
Thanks for all your efforts to save the company.
I just thought you'd like to hear some nice words from an employee rather than all the trash from the media!
Sincerely,
| Words of Encouragement |
Ken/Greg: I wish you both the best as you work through the next few weeks.
I have a sincere and eager interest in remaining to ensure that Enron remains a viable and competitive force in the energy sector and become the leading transaction provider of gas and power trading and marketing.
If you need an analyst to assist you in reaching this goal, please let me know.
If you need references, I am confident that John Sherriff or Jeff Kinneman in my current group will provide detailed information on my behalf.
Moreover, I am able to provide other contacts within the firm to provide additional information if needed.
Best wishes in your future endeavors!
Regards
| Need a Bright Tenured Analyst? |
Ken, It has been a pleasure working at Enron these past few years.
I wish you all the best in your future endeavors.
Best Regards,
| Best Wishes |
Ken, I realize this is way down on your priority list, but I just wanted you to know that we are doing what we can to keep the process moving forward on the new building.
Also, if there is anything we can do to be helpful on a company front or a personal front, please let us know.
Jeff Hines
| Building |
Mr. Lay, I lost my school money($10,000) b/c of the collapse of ENE.
Is there any way you can help.
I have faith in you.
Trent Folse 10228 Glen View Ave. Baton Rouge, LA 70809
| Ken, Can you help? |
Mr. Ken Lay, To explain further , I put $25,000.00 in Enron Capital Limited Life company 8%PFD cumulative guaranteed monthly income preferred shares.
CUSIP# P37307108 bought 11-04-1993 in name of Sue Diviney Hester through A.G Edwards acct.
# 42-323-160.
In reading the prospectus dated Oct. 25, 1993 page S14 under General , second paragraph .
The entire principal amount of the loan will become due and payable upon the date which Enron is dissolved , wound up or liquidated or the date upon whichEnron Capital is dissolved or liquidated.
There is more that I won`t refer to at this time .
I do hope you can find a way to repay this debt under some of these provisions , please give it your attention .
I know this is small stuff and you are busy but I need your help Mr. Lay .
Maybe I can count on you to find a way out for me so I can continue to be able to support myself.
What about our medical benefits, can it possibly continue ?
I have had cancer as well as an uncurable lung diesese .
I can not see any way I will be accepted in other plans .
I am holding 200 shares in Northern Borders Partners LP unit partnership interest since 9-23-1993 CUSIP 664785102 at First Chicago Trust .
Acct #8124-27264.
It looks like it maybe holding its value now but will it be effected by what ever happens to Enron ?
Enron was a great company, I was so proud of it.
You made it that and you can do it again if given half a chance.
I Pray someone will put enough confidence in it so it can remain a company to build on and become a lot better than it was with out the selfish greed that has brought this on us.
| This is a follow up to mail sent you Nov.30,2001from Sue D. Hester |
Ken: I know you have tons of problems right now, but don't forget about us Retired Employees who have banked on Enron Inactive Medical benefits.
Are these continuing?
Will Enron and the court honor these commitments to past employees?
You can either answer direct or thru your Internet site with your daily updates.
Thanks,
| Medical Benefits for Inactive (Retired Employee) |
Dr. Lay (in care of Rosalee Fleming): We are very pleased to have you participate in our "Markets in Transition" symposium on Thursday, January 10, 2002.
We are putting together a symposium brochure this month and would like to receive 2 items from you by Wednesday, December 12, 2001.
1) A biography of you (about 225-250 words in length) 2) A photograph (preferably a black-and-white, hard-copy picture, mailed to the address below: Brad Burke Associate Director, Rice Alliance Jones Graduate School, MS-531 P.O.
Box 1892 Houston, TX 77251 - 1892 Additional information about your participation in the event is attached.
A hard copy of this information will follow in the mail.
Please contact me if you have any questions.
Thanks again for your participation in this event.
| Rice University - Markets in Transition Symposium - Jan. 10, 2002 |
Ken or Greg, Could either of you tell us if we have COBRA Coverage for our families?
I have a family to ensure will have medical coverage.
My wife has epilepsy and it is quite difficult to find coverage for her.
Thank You,
| COBRA Coverage |
Mr. Lay: I do not know who is left in EES or Corporate HR to send this to.
I was severed Oct 5 and have two severance payments due on 31 Dec and 31 Jan. Will Enron pay these?
Since I signed a waiver not to sue Enron, can I participate in the bankruptcy proceedings if Enron does not pay?
Also, there are quite a few previously severed employees who have questions, would you add information to the website regarding our status regarding payments etc.
Regards,
| What is the status of payments to previously severed employees? |
Sir, Before I start, let me introduce myself.
My name is Thirumalesh Aedunuthula.
I had the pleasure of interning with Enron, this summer.
I am a MBA student at Louisiana State University and worked with Enron Tax department.
Over the past few weeks, things have changed for Enron at a faster pace than expected/imagined.
To some, it is amazing how stock fell from $90 to 26 cents just in a year.
People have been attributing lot of things for the fall, from California crises to international deals, without actually taking time to find out what went wrong with Enron .
As an intern, I had the opportunity to feel the work culture of Enron.
I felt that Enron is making profits not because it is in Energy Industry but because of energetic people like you and Mr.. Jeff Skilling and many others.
I strongly believe that greatest asset with Enron is its talent pool, which made the company what it is today.
Today, we have a discussion on Enron's Crisis in class.
I know, for sure, that many would be interested in voicing their opinion against Enron.
I would go to class and take the side of Enron.
I might be in minority.
But that doesn't matter, as to understand what Enron is, one has to really experience it.
Hoping that Enron will really climb back, much faster than its fall.... Yours Truly,
| A mail from an Intern |
Hi Ken, This is just a note to let you know that I am very proud of my famous brother.
You have accomplished so much and you are still a relatively young man.
(At least in spirit).
Please take care of yourself during the challenging time.
Get your checkups and take your vitamins.
As I said during Thanksgiving, you have excellent genes but I am sure you're being required to stretch even your limits right now.
We are just fine.
We enjoyed seeing you and being with the family so much over Thanksgiving.
I am certainly glad you ordered such good
| Hi from your Sister |
after all the pain you caused thousands of people, what the hell are you still doing at enron ??
you are the one thats to be terminated.
take a look out your office window ... look at the peoples faces .. the lives you have ruined ... was it worth .... take your 200 million over the past two years and give to those who need it.... cc
| your job |
Mr. Lay We have had personal correspondence over the last 12 years or so and I have admired you for taking the time to write back to me even though I was just an employee and you were CEO.
Even after all this stuff that is going on, I still believe that you are honest and trustworthy.
I don't understand all that has gone on and probably never will, I just know that after 17 years and being "stupid", I had all my retirement in Enron.
I am probably dumb again, but I just used some of my own money to buy Enron stock.
I feel that the way to bring the stock back up is to invest and work harder.
My father who has Enron stock that came from my deceased grandfather who retired as a NNG superintendent, has also just bought more stock.
We are trying and I know you are too.
I know that you are going through a lot and I am praying for you and your family.
Cecil Stinemetz
| Trust |
Mr. Lay, I have recently begun my 19th year at Enron.
Yesterday, I was one of the "lucky" employees who was given the opportunity to stay.
Fortunately for me and my family, I also received an offer with another company yesterday, and I have accepted that offer.
Today is my last day here, and the only sadness I feel is for the thousands of good people who have been let down and let go.
I have a suggestion.
I feel strongly that you should promptly have the "values" banners removed from the Enron building lobby.
Communication, respect, excellence, and integrity have not been practiced here, except by the thousands of non-executive employees who were told to live those values, and believed in them.
It is a slap in the face of every employee, laid off or still here, who walks into that lobby and sees them hanging there.
Sincerely,
| A suggestion |
Dear Ken, I am writing as a former London employee whose last day in the office was Friday 30th November.
I don't know if you are aware but this time of year is the tightest time of year for recruitment in London both in the temporary and permanent market place.
I am confident in the skill-sets that I can bring to the current market place but the average job search takes 2-3 months and unfortunately I do not have the financial security to enable me to live through that time.
That is why I am asking for a small donation of ?1000 to help me pay my mortgage and to see me through Christmas.
This e-mail is cheeky but I felt that I had nothing to lose and I hope that you will respond positively to it.
Regards
| 2001 1205 |
=09 ManagementVitality logo =09 We are pleased to send you our November 2001 Issue as an example of our M= anagementVitality Teamwork Newsletters.
You may also go to November Teamwor= k Newsletter to view an online copy.
Glenn McInnes President ManagementV= itality Inc. Glenn.McInnes@ManagementVitality.com =09 Teamwork Newsletter NOVEMBER 2001 =09 Trust is the fuel that moves companies forward Business is down.
Layoffs= loom.
Employees are focusing on their family, and many fear losing their j= obs.
Yet, you need to move your company or your department forward.
You nee= d to move upward and onward.
What does it take?
Trust!
We suggest that it i= s Trust that allows the balance between the opposing demands of work and qu= ality of life.
As always, moving forward requires a balance of effectiven= ess vs. efficiency and short-term vs. long-term goals.
A closely connected = tenet of these four is trust and getting to trust is a process that can be = worked on.
The ability to work towards the future as a team requires trus= t because the future is pure promise, and has no reality in the here and no= w. Without trust, there can be no agreement concerning future events.
After= all, certain real, clashing interests will be sacrificed in the short term= , for an unreal future built on promises.
Trust is the factor that permits = common goals to benefit both parties.
Thus, conflicts of interest are reso= lved through common goals pursed in an atmosphere of mutual trust.
Those wh= o understand capi (coalesced authority, power and influence) know that it n= aturally gives rise to conflicting interests.
To get things done, a team mu= st have common goals or interests to bind them together.
Mutual suspicion m= ust give way to mutual trust.
As we well know, the bearers of various impl= ementation forces come into conflicts that simply do not get resolved.
When= fundamentally different interests are at issue, resolution often seems imp= ossible.
There are no obvious or immediate win-win solutions.
In fact, Dr. = Adizes makes the bold declaration that when conflict arises among people wi= th different interests, the short-term outcomes can never satisfy both part= ies.
In the short term, conflicting interests can only be addressed by a co= mpromise, where both parties?
interests suffer, or by a win-lose scenario t= hat leaves one party seriously disgruntled.
Destructive conflict over diff= erent interests manifests itself as long, drawn out tensions between the di= fferent players.
The conflict will not go away.
The trick is to harness tha= t conflict to achieve something, rather than trying to pretend that it does= not exist.
Avoiding conflict is not the secret.
Encouraging constructive c= onflict is the way to move forward.
Trust is the only path to constructive = conflict in a situation of different interests.
However, trust can only be= earned over time.
To establish trust, one must establish a history of livi= ng up to promises.
Since trust can be eroded in a split second, making the = pursuit of common goals increasingly difficult, one must move slowly and ca= refully and in a non-threatening manner as one builds that history of trust= .
To learn more, or for a refresher on the trust process, enroll in our on= line course, Teamwork Plus!
at www.ManagementVitality.com .
To send in= your own question to this newsletter, write Katherine.Prouty@ManagementVit= ality.com.
To brush up or learn more about the Adizes Methodology, go to = www.ManagementVitality.com .
Congratulations to Michael Rossiter, Group = Executive - Learning and Development, LendLease from London England for wi= nning the free enrollment in the November course of Teamwork Plus!.
To q= ualify for our December draw for our next free course, subscribe to this = monthly newsletter!
Your number to qualify for this month's contest is 4400= .
If you found these ideas useful, please forward this Newsletter to a c= olleague.
Return to ManagementVitality Home Page =09 =09=09 Online Courses: Teamwork Plus!
series What: The six courses in Teamwork= Plus!
are 1.
Managing Change 2.
Harnessing Conflict 3.
Predicting Decis= ion Outcomes 4.
Understanding Corporate Lifecycles 5.
Overcoming Obstacle= s to Implementation 6.
Effective Corporate Structure =09 Management Style= Test =09 =09 Student's Time: About 3 hours per course, any time of day or night, about = 18 hours for the series.
Timetable: Six weeks, 1 course per week, starting= January 14th and ending March 1st.
It's easy to take, even when travellin= g. It has a start date and an end date, and in between those dates you can = start when you wish and proceed at your own pace, participating in threaded= discussions which are tied to what section you are up to in the course.
Th= is means that between the start date and end date you participate in a dial= ogue in the context of where you are in the course and not in the context o= f where you are either in time or place, or whether you progress through th= e content ahead of or behind other students.
Host: Bill Caswell, P. Eng.= , 25 years as a CEO, ManagementVitality Content Officer and an Adizes Assoc= iate will offer comments on every student's answers to Questions and Exerci= ses, throughout the series.
Price: $495 U.S. for the series of 6 courses.
= Enroll in Teamwork Plus!
at www.ManagementVitality.com .
=09
| A Teamwork Newsletter from ManagementVitality |
Dear Ken, I was notified today that I am being terminated.
According to a lady (Trina) that I spoke to in Benefits, I will have health insurance through December 31, 2001.
Currently, my family is also covered by the Enron insurance.
My daughter is a sophomore at NYU.
I can get insurance for her through NYU.
I will need, however, a letter from Enron, on Enron letterhead, indicating when my current insurance will expire.
Once I have the letter from Enron, NYU will initiate the paperwork to provide insurance coverage for my daughter.
I asked Enron Benefits to provide such a letter.
The lady I spoke to said she would have to check with her supervisor.
I have not heard from either of them as of yet.
I realize you are very busy but I would be grateful if you could facilitate a letter being sent to me as soon as possible.
My daughter is planning to study abroad starting in January.
The Spanish consulate will require that we have adequate insurance.
My wife will be visiting the consulate on either 12/10 or 12/11 to present the necessary documentation for my daughter's study abroad.
It is imperative, therefore, that we receive the above mentioned letter from Enron as soon as possible.
My wife will take the Enron letter plus the NYU documentation to the consulate to verify to the consulate that my daughter will have adequate insurance coverage.
I wish you the best in rebuilding Enron and I hope you and your family have a wonderful holiday.
Sincerely,
| Letter Specifying Termination of Benefits |
"It is the spirit which can bear things, not simply with resignation, but with blazing hope; it is not the spirit which sits statically enduring in the one place, but the spirit which bears things because it knows that these things are leading to a goal of glory; it is not the patience which grimly waits for the end, but the patience which radiantly hopes for the dawn.
It has been called "masculine constancy under trial."
It has been said that always it has a background witch is courage...
It is the quality which keeps a man on his feet with his face to the wind.
It is the virtue which can transmute the hardest trial into glory because beyond the pain it sees the goal."
William Barclay
| A definition of patience. |
Ken, I'm an ex-Enron employee who was with Houston Pipe Line & later with Enron Gas Services & I want you to know I do not hold you responsible for the situation we are all currently in.
There is no one else I would rather have trying to make this a successful company again than yourself.
I have seen you in action ever since the merger & I know you can do it.
I have attached a copy of a letter that I have sent to certain members of Congress.
Charge on & Best of luck Jim Jurek - Congressional Letter re Enron.doc
| Letter I Sent To Congress |
Mr. Lay, I know you are extremely busy so I will keep this short.
Do you have any contacts with ABN AMRO or BANC One in Chicago?
They are building new offices and I know I would qualify to do something even short term.
Can you provide to me a few contacts to get in the door, please....?
Any contacts in Chicago would be great.
If you need to verify my performance with ECS please contact Lance Jameson.
I was a Project Manager for the Network and relocation activities.
| Work in Chicago |
12/6/01: Lord, how excellent is Your name in all the earth!
You are so incredibly good to Mr.
Lay!!
Look at what you gave us today!!!
Colossians and 1 Thessalonians.
What an encourager You are Lord!!
Who can know You!!!???
Your ways are certainly NOT our ways!
Thank you, Jesus!!!
Ok, Lord, this is what is in my heart today for them.
Lord, just like you gave Noah a rainbow (from the throne room of God, by the way!
)-I am asking You to give them an assurance that this kind of disciplining will not happen again.
Yes, Lord, they need to trust in You.
I know that but every time the stock goes down they will panic.
So, I guess first of all, they need grace to put their trust in YOU but remembering that we are dumb sheep, please do something in their hearts to not go into panic every time the stock goes nuts.
I guess what I am asking is for You to supernaturally restore confidence in the leadership of Enron.
Give them supernatural favor in the hearts of the people.
BUT You must also command Your Word in the hearts of the leadership.
Let them NEVER get into this kind of mess again.
You tell us to look well to the state of our flocks (Prov 27:23 Be thou diligent to know the state of thy flocks, and look well to thy herds.)
Thank you, Lord, that YOU bear such wonderful witness of your child, Ken Lay.
Make him see that Your heart is so good towards him.
Make him see, Lord.
We need to know that our Father is on our side.
We come into agreement with you that YOU ALONE are GOD.
AND we ask your forgiveness for our being seduced by "foreign gods" (things of this world since we are children of the KINGDOM OF GOD) and THANK YOU SO MUCH FOR YOUR GRACE!!!!!!!!
!
| Prayer Journal 12/6/01 |
Ken: Just a brief note to tell you that I have enjoyed our working relationship for the past 16 1/2 years, and to wish you good luck in the future.
Tell Linda I said hello.
December 14 is scheduled to be my last day here.
Sincerely,
| Termination |
Executive desktop support services have been streamlined due to recent organizational changes.
The attached document outlines the revised service offerings.
If you have any questions, please contact Carolyn Evans, executive support manager, at ext.
57520.
We appreciate your cooperation in this matter.
| Revised Services for Executive Support |
Mr. Lay, The scripture today was from Psalms 7 through Psalms 10.
I am so overwhelmed with what God is showing me.
I so hope you are being ministered to.
I just heard from a friend that you are apparently going to have to appear in court.
I don't know if this is true but the message is still the same.
God loves you.
I know that you, maybe above all the rest, KNOW that.
Minister to the others that know Him.
Pray for them, with them.
They need to know the One that we know.
I am glad I heard so that I may pray for you specifically.
12/7/01: Lord, all through this You have shown me over and over your holiness but most of all, more than all, Your grace.
You lead me to confess this morning that I have not trusted the hand of God because I didn't really trust the heart of God.
In all of this, You have shown me Your heart.
By showing me Your heart for one of Your children in trouble, grave trouble, You have made me know You.
How could I deny a Father that has such kindness towards His children?
One that does NOT accuse us but says "Come to me, I will give you rest.
I will save you.
It gives me pleasure to give you the Kingdom."
Lord, Mr. Lay, probably already knows all of this and maybe this has all been for me.
All I know is that more than ever, I come before You on behalf of my brother, Ken.
You, above all others, know every thought, every fear, every doubt, every arrow from the enemy that has made its way through.
Every verse that you have uttered into my heart has been about how you love him.
How you delight in him.
How you do not condemn him.
How you see the righteous acts he has done.
Maybe even from seeds sown in his life long ago - I don't know - but You have shown me certainly that this is the God I want to give my whole heart to.
I don't want to hold anything back anymore, ever again.
I am in love with you, Jesus.
I thank you for the emphasis on the verse about how You will MAKE us love YOU with all our hearts, souls, minds, and strength.
Do that for Mr. Lay, Lord.
Do that for him.
Pour out Your Spirit on him so that he can't help but completely give up to this God of his.
This God that has never left him-will never leave him.
This Father that says "I delight in you".
This Bridegroom that says, "I promise to take care of all your needs.
I want you with me for the rest of my life".
This Son given to us as a baby.
Laid at the feet of mankind as The Lamb offering that God required.
Like You lead Abraham to prophesy so many years before "And Abraham said, My son, God will provide himself a lamb for a burnt offering: so they went both of them together" (Genesis 22:8).
Lord, YOU ALONE ARE WORTHY OF OUR PRAISE.
Thank you.
In Jesus name.
| Prayer Journal |
Ken Bentsen deserves your thanks and a note or a phone call from you.
(see below for phone number and address).
I called Congressman Bentsen yesterday to express the Partnership's support on the Trade Promotion Authority (TPA) bill.
Yesterday, the bill passed in Congress by one vote (215 to 214).
Ken Bentsen's vote made the difference.
When I spoke with him, he told me how difficult it would be for him to make that vote, and that he had been lobbied hard by the labor unions, the Cabinet and the President.
I urged him to vote for the bill and told him what the impact would be to Houston and the region*.
In the final analysis, the bill passed thanks to your fellow Houstonian
| Congressman Bentsen and the Trade Promotion Authority |
I just want you to know that I appreciate all you have done for our company.
I hope that you are able to feel blessed by our Lord and sleep well at night, because you should.
Thanks, Ginger
| Enron |
What: A Roundball Watch Party, M U Vs Iowa Our M U Basketball Tigers are ranked no 2 in the nation for the first time in 10 years and are 9-0.
(for details see below) When ?
: Saturday night December 15, 2001 at 8 PM
| A Bayou City Tigers event a week from Saturday |
Joint Center Update 01-12 December 7, 2001 UPCOMING EVENT December 18, 2001--AIRLINES IN THE AFTERMATH.
What should the government do now that airlines are facing financial crisis as a result of September 11th?
The Joint Center and the Cato Institute will convene a panel of experts to discuss possible solutions.
| Joint Center Update 01-12 |
Mr. Lay, I was relocated from Dallas to Houston around the 22 of October of this year.
Now, less than a week from being laid off, I am receiving correspondences from Roadrunner moving, stating that I am on the hook for the $21,000 move!
Talk about adding insult to injury.
If this proceeds, and I am SOMEHOW found to be held responsible for Enron's obligations to me, you will force me into personal bankruptcy - as I do not have that kind of money lying around.
While I am hopeful that the agreement will be bound only between Enron and this moving company, I would strongly encourage you to do the right thing and honor this obligation!
We both know it is the right thing to do.
I would greatly appreciate a response and an understanding where you stand on this particular matter.
Regards,
| Moving Expenses!!!! |
Mr. Lay: Believe it or not I strongly believe in and practice the values listed below.
I really did expect Enron to believe them and practice them as well.
What Enron did to us Monday afternoon is not in accordance to the values listed below.
I'm now on the brink of bankruptcy because I cannot find a job.
I'm 49 years old and because I enlisted in the Navy during Vietnam, with 9 years service instead of going on to college, I do not have a degree.
I have more experience than most anyone with a degree, but so far that doesn't help.
Most times all they look at is that piece of paper.
I hope someday you feel what I'm feeling and understand what I'm going through.
You guys that did this with your millions in reserve probably never will fully understand.
Sincerely,
| E-Enron |
GOOD MORNING AND HAPPY HOLIDAYS!
A few things for tomorrow: 1.
We have been moved to the Grill Room on the 9th floor of the Houston Club.
2.
Please bring the materials that were mailed to you last week (the budget and the year end report).
In an effort to be more economical and efficient, we will not be reproducing those documents for the meeting.
3.
If you have not already emailed or called in your response for the meeting tomorrow, please do so as soon as you can.
Thanks.
See you then!
| IMPORTANT INFORMATION FOR TOMORROW |
Ladies and Gentlemen: At Troy's request I am forwarding Questia's 2001 Balance Sheet.
Please let me know if you have problems opening the document.
Thank you.
| Questia 2001 Balance Sheet |
Dear Mr. Lay: Please do take care of the common shareholders and atleast provide them some stake and hope in all this reorganization.
Please don't make the common man, the individual investor the loser.
If you are kind in this regard, you will be remembered as a man with some principles and kindness who did not let down his company and his share holders and the public investors.
May god bless you and may you be kind in turn to all of us poor investors caught in this.
Thanks,
| need your help and kindness |
Due to the Bankruptcy Filing on December 2, 2001, a decision was made to discontinue the flexperq allowance.
This decision was made after the December 14 payroll run.
You will receive your allowance of $1,218.75 on your December 14 paycheck; however, Payroll will reduce your 12/31 paycheck for the same amount.
Also, please note that executive physicals will no longer be offered or related expenses covered by Enron.
Thank you!
| Flexperq Allowance |
Ken- As you may remember from Aspen this July I am now Chairman of CHI Energy a subsidiary of ENEL of Italy.
(CHI is a much smaller operation than Destec Energy but we are growing fast and I am having fun with renewables.)
ENEL has an interest in acquiring Enron Wind and Wessex Water.
The CFO of ENEL is in New York wednesday evening thru thursday of this week and would like to speak with whoever you think would be appropriate about our interest.
The CFO's name is Fulvio Conti and his phone number in Italy is 011 39 329 6130 692 or 011 39 335 287 981.
I am currently at my home in the Caribbean but can be reached at megawatt@starband.net email address or at my phone here which is 011 501 26 4101.
The ENEL may turn out to be broader than the wind and water.
Please let Fulvio or myself know the best way to proceed.
Charlie Goff
| ENEL Meeting |
Although you have many things on your mind, former employees that have been left out in the cold deserve better than they are getting.
The following was sent to questions@enron.com: I understood that the petition for the $4500 ($4650) for immediate relief was only one of at least two or more.
Based on a group meeting on 12/03, prior to being asked to vacate the building, it was my understanding that there was also a petition, presented by Enron on behalf of its severed employees, before the bankruptcy court for the "standard" severance package that was posted on the enron.com website.
Due to the speed at which Enron filed for bankruptcy, respect for loyal employees that were let go, the general state of the economy, and time of year, it would be appreciated if someone within the company could work with the court to assist employees in providing relief in the form of the severance package rather than each of us having to petition the court.
Whoever is reviewing these questions is still at Enron and understands that $4500 is not going to keep the wolf from the door long enough for most of us.
Please advise.
===== Sincerely,
| Relief for Enron "Alumni" |
Ken, Enron Corp was a great empire that found itself vulnerable -- the same as the World Trade Center -- the same as our country's security.
The cost of exposure has been high but a cheap price to pay in the long run for our future generations.
I see Enron in the future.
| Heartfelt Appreciation - Biography |
Ken, Our associates in Argentina called this morning and suggested that we arrange a trip with you to visit with the President in Buenos Aires any time in the next ten days.
They guarantee that the Water Company and TGS can be sold at fair prices with the full approval of the new government.
The investors are in place to purchase TGS, the deal on the water company is the best deal Enron will be able to get now or in the future.
Please give me a ring if this is of interest to you by 12:30 est., because we are getting a call from the office of the President at 1:00 est.
Best personal regards,
| Argentina |
Just wanted to give you a word of encouragement and support.
I don't believe all the fair-weather friend comments.
A man shows his true colors when times are toughest.
I just wanted you to know that there are still many of us who believe that you are a man of integrity who deserves respect.
Many people gossip and publish terrible misinformation about you and this company.
That only serves to convince me that they are not to be believed.
I understand that you cannot share everything you may want to, or even defend yourself at this time, so please remember that the truth is always the truth and it will prevail.
We are behind you and support you.
May God give you the strength you need to get through these personal and professional difficulties.
Smile and enjoy the best of the holiday season - hope, love, charity.
Merry Christmas to you and your family.
Phylis Karas
| word of support |
Our records indicate that you did not have any transactions in Compaq stock [other than possible purchases of Compaq stock through the ESPP, deferred comp.
or 401(k) plan] for the month of May.
If this is true, then you do not need to respond.
If this assumption is incorrect, please email me by the end of the day on Tuesday, June 5, with transactions for open market trades, stock option exercises, deferred compensation or 401(k) exchanges (including purchases from dividend reinvestments), gifts, shares held by family members or trusts in which you have a controlling interest, etc.
If you have any questions please call me at 281-518-2189 or Linda at 281-514-1433.
Regards,
| Compaq Stock Transaction Inquiry for the Month of May |
Dear Rosalee, Please forward to Ken.
thanks.
I am attaching my cv for you to have handy.
If you are restructuring Enron in the US and overseas let me know if I can give you a hand on the international side.
Fyi, I am currently working as a consultant for the Bunge Corp and Bunge International, an agribusiness company that went public this year in the US.
( stock symbol is BG.)
Regards and have a great holiday season.
Pablo Acevedo - cv-pa.doc
| cv attached |
I previously sent you an email regarding Enron Kids.
What is the status?
I found a job starting after the first of the year, and I would like to put my son back in Enron Kids.
Is there any possibility that the rate will be reduced?
I was paying $560 before with a subsidy from Enron.
The job I accepted does not pay as much as I was making at Enron.
My son and I both loved Enron Kids and the teachers and I would really not have to start him over in another daycare, if possible.
Thank you for your consideration.
| Enron Kids |
Ken Just wanted to thank you for the call yesterday and for staying in touch during this tumultuous period.
My remaining time at Enron is limited but I wanted to personally tell you what an honor it has to work with and learn from you during my seven plus years with the firm.
You created something very special and most of us who were there know that the benefits to the economy and to people's lives will surely outweigh the negatives of recent times.
But the most important think I have learned from you is "grace under fire".
You always kept your calm; you always were there to take problems on one at a time, and you never stopped giving your best.
Thanks for the important lesson!
| Thanks for the call yesterday! |
December 27, 2001 RE: Employee Severance Enron Corp. Office of the Chairman 1400 Smith Street Houston, TX 77002 Attention: Kenneth Lay Enron has in place a severance policy that entitles all terminated employees a benefit that is based on length of service and amount of pay.
In the days leading up to the bankruptcy filing, then again during floor meetings at the time of termination, Enron representatives clearly stated that the company would be seeking payment of the severance policy for terminated employees.
This was to follow the advanced payment of $4,500 for these benefits.
However, severed employees have not been contacted by Human Resources representatives to advise them of the amount of severance benefits they are eligible to receive as stated in the policy.
They have also not been informed of Enron's intention to pursue these payments through the court.
Enron has since informed current employees that they intend to work with the court to establish provisions for additional retention and severance for current employees.
Since these payments are crucial for severed employees to assess their financial situation, we are asking Enron to promptly respond to the following five questions: 1) Will the Board approve the severance plan in place or another plan of severance?
2) Will this be the same plan that is being put together for current employees that may be severed at a later date?
3) What day will the board be acting on this plan?
4) What day will the plan be presented to the bankruptcy court?
5) Since employees have not been informed of the status of their benefit, will application for state unemployment benefits cease payment of the severance benefit?
Will Enron waive that stipulation?
In the event that Enron will not be seeking additional severance for terminated employees, we are asking that Enron answer the following questions: 1) By what day will a Human Resources representatives contact each employee with the amount of severance they were eligible to receive at the time of their termination?
2) How do employees access supporting documentation needed for filing a proof of claim form through the bankruptcy court?
This would include company policy manuals and employee files.
Respectfully, Ezzatollah (Ezzy) Sadrerafi
| Employee Severance |
Mr. Lay - As a follow-up to your meeting this morning with Steve Kean and to the memo he prepared for Jeff McMahon, attached below are two Excel files outlining the remaining Public Affairs organization.
We'll deliver a hard copy of these files and the memo to your office as well.
- The first file is a month by month summary of the budget and headcount totals, and illustrate the wind-down of several of the departments.
This file does not include Bill Donovan's groups.
- The second is an overview of all functions that reported to Steve, including Donovan's group.
The first worksheet shows a comparison of the current budgets as submitted, and compares it to last year's (2001) and to earlier versions of next year's (2002).
The backup worksheets contain organizational charts for each of the groups illustrating the headcount reductions that have taken place and those that are scheduled in the future.
Please note that there are two versions of the Communication org chart, one illustrating the current budget and one illustrating the potential organization under Beth Tilney.
I would be happy to answer any questions on the attached.
Regards,
| Public Affairs Information |
Dear Ken: Leo Linbeck III told me of your thoughtful phone call regarding The Institute for Advanced Study in Musical Theatre.
I understand your priorities and look forward to our ongoing relationship.
Towards that end please allow me to reiterate my invitation for you to join the Board of Trustees.
We would be proud to share our camaraderie and you can look forward to discussing freedom and collaboration*, without commercial interruption.
Warmest personal regards, Stuart *Attached - ken lay
| Institute for Advanced Study in Musical Theatre |
Dear Ken, I am writing to you today RE: The proposed sale of Enron's India assets (non-core)- FYI: I am currently an Associate/Manager in the Research Group at Enron.
I have degrees in Mech.
Engg & Finance, and will be graduating from Rice with my MBA in March of 2002.
I have been following developments in the Dabhol matter since the summer of 2001, when I was asked to help put together a briefing/presentation for Ben Glisan, former Treasurer, Enron Corp.
I recently read with great interest the proposed Enron re-organization plan.
I strongly believe given the opportunity, I can help achieve a successful resolution of the company's various issues in India.
In my humble opinion, our current India project negotiation team is unlikely to get the best price for Enron's shareholders.
My background includes: 1) The Solicitor General of India is my brother's Father-in-Law.
2) Father currently holds the rank of Secretary, Govt.
of India in New Delhi.
He is a close friend/advisor to both Mr. Vajpayee(P.M.)and Mr. Advani (Home Minister) Mother was on the faculty of Univ.
of Michigan,& best friend of Mrs. Indira Gandi, P.M. of India.- she is currently Professor Emeritus (Intl.
Law) Univ.
of Delhi, UN expert & Member, Foreign Relations Committee.
3) My parents both earned Ph.Ds from the Univ.
of Michigan,and have lived & worked in the U.S. for several years- 4) I have substantial, successful experience in Asia.- India & I am extremely familiar with the laws/regulations in India.
5) Born & raised in the U.S., I am a U.S. citizen.
But I am fluent in Hindi and other local Indian dialects.
6) My previous assignments have included a successful stint as Country Manager in India(New Delhi) for Hyundai Corp.
I successfully led a multi-national/cross-functional project team in addition to my executive responsibilities during this assignment.
7) Over 12 years of operating management experience with United Parcel Service.
I have extensive experience in logistics and other transportation issues.
Given the current financial situation of the company and your efforts to marshall all the company's resources efficiently, I will stand-by to hear back from you.
Hope you and your family have a very Happy Holiday Season!
Regards,
| (Urgent:Dabhol Project and other India matters.) |
Dear Ken: Although Harmolyn and I have wanted to pass on some words of friendship for some time, we did not want to intrude for even a moment as you worked to deal with your problems.
We could not, however, let the holiday season past without saying that you know where we are and how to reach us.
And I think you know that we are fully ready to help in any way we can in the weeks and months ahead.
You will be interested in knowing that Brudder Pete called me on my 78th (Christmas eve) and he sounded twenty years younger than when I saw him in September.
Charly
| Words from a Friend |
Dear Mr. Lay, My name is Djoefree Hermanto, one of Enron shareholders.
I would like to wish you, your family, Enron team "Happy New Year".
I wish you all the best in the coming year (2002).
Sincerely,
| Happy New Year |
I spoke with Dick Reiten today about when he could expect Enron to take the PGE/NWN deal to the creditor committee for approval.
Dick says by next week he will have his financing lined up with the lenders only having outs if there is a substantial change in the economics of the deal due to regulatory action.
He expects Oregon PUC approval in late May.
He believes that he needs approval from the creditors committee by early February.
He stated that his team is getting questioned on the timing of the creditor committee approval.
He was pretty insistent that early February should be plenty of time to get approval on a deal of this magnitude.
I told Dick the the Creditor Committee had a mountain of work to do and thought everyone involved needed to understand the complexities of the bankruptcy process before such a large deal was put before the Creditor Committee.
He recognized that but stated the DIP banks were also asking his people about the sales process and timing and thought they would want affirmation that the deal was getting Creditor Committee approval.
I told Dick that we would try to move the process along and thought early to mid February was the quickest we could hope to get Creditor Committee approval.
(This was based on our conversation in Jeff's office that we would know betterabout the timing in 4 to 6 weeks.
Dick plans on us talking weekly about the the progress.
As you can see he is thinks it very important to move this forward as quickly as possible.
| PGE/NWN Purchase and Sale Agreement |
I previously worked for Enron and have found employment elsewhere.
I really would like to put my son back into Enron Kids starting Monday, but I cannot afford $800 a month.
Do you know if the rates will be lowered?
I am a single mother and can only afford $650 - $680 a month.
Could you please get back with me as soon as possible?
I need to know if I am going to have to put him in another daycare.
Thank you for your consideration.
| Enron Kids |
Mr. Lay, I just want you to know that I am praying for you constantly.
Keep your eyes on Jesus and don't listen to what everyone is saying!
He will say whatever He wants to say to you as you read the Word.
He does not "point the finger" and accuse.
In fact He doesn't even like that.
(Isaiah 58:9 "Then shalt thou call, and the LORD shall answer; thou shalt cry, and he shall say, Here I am.
If thou take away from the midst of thee the yoke, the putting forth of the finger, and speaking vanity;") That word vanity in the Hebrew means trouble, wickedness, sorrow.
I guess that verse means you can't do it either even when they hurt you with their words.
God will defend you.
You said something about being old fashioned that the truth will prevail.
That is not old fashioned .... that is God.
You have that in your heart because you have Jesus in your heart.
Believe God!
He says "if God is for us then who can be against us?"
What a WONDERFUL Word of Testimony you will have when this is finished.
Remember, He brings us out of ALL our afflictions!
(Psalm 34:19 "Many are the afflictions of the righteous: but the LORD delivereth him out of them all.")
I listened to a teaching one time about Rev 12:11 "And they overcame him by the blood of the Lamb, and by the word of their testimony; and they loved not their lives unto the death."
They said that the devil can't take the blood away from us and that he wants to destroy our testimony.
Mr. Lay, you turned to Jesus in time of trouble.
That is part of this Word of Testimony.
You continually pray for guidance.
That is part of this Word of Testimony.
You trust in Him.
That is part of this Word of Testimony.
You trust that He will bring you through this.
That is part of this Word of Testimony.
You will tell the truth.
That is part of this Word of Testimony.
When all is said and done.
God is going to show you and others (2 Chron 16:9 "For the eyes of the LORD run to and fro throughout the whole earth, to shew himself strong in the behalf of them whose heart is perfect toward him.")
I am telling you.
That is what God showed me in the 16 Days readings.
God testified of a perfect heart towards him.
Yours.
Not that you have done "perfectly" but that you had a "perfect heart towards him".
It is clearly shown in how you conduct yourself.
I ran across these verses and thought you might like them to encourage you.
2 Sam 22:33 God is my strength and power: and he maketh my way perfect.
1 Chron 29:12 Both riches and honour come of thee, and thou reignest over all; and in thine hand is power and might; and in thine hand it is to make great, and to give strength unto all.
Psalm 62:11 God hath spoken once; twice have I heard this; that power belongeth unto God.
Isaiah 40:29 He giveth power to the faint; and to them that have no might he increaseth strength.
If your secretary could send me the dates you are to testify before Congress, it is on my heart to pray specifically for you while you testify.
Thank you, Jesus, for your Word.
Thank you for your servant, Mr. Lay.
Thank you that you ARE going to get him THROUGH all of this.
In Jesus name.
| I am praying for you. |
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