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Sue Mara Enron Corp. Tel: (415) 782-7802 Fax:(415) 782-7854 ----- Forwarded by Susan J Mara/NA/Enron on 06/14/2001 12:19 PM ----- Jean Munoz <jmunoz@mcnallytemple.com< 06/14/2001 01:10 PM To: "'Andy Brown (E-mail)'" <ABB@eslawfirm.com<, "'B Brown Andy (E-mail)'" <andybrwn@earthlink.net<, "'Baker Carolyn (E-mail)'" <cabaker@duke-energy.com<, "'Bob Escalante (E-mail)'" <rescalante@riobravo-gm.com<, "'Bob Weisenmiller (E-mail)'" <rbw@mrwassoc.com<, "'Curtis Kebler (E-mail)'" <curtis_l_kebler@reliantenergy.com<, "Dean. Nistetter (E-mail)" <Dean.Nistetter@dynegy.com<, "'Douglas Kerner (E-mail)'" <DKK@eslawfirm.com<, "'Greg Blue (E-mail)'" <gtbl@dynegy.com<, "'Jan Smutny-Jones (E-mail)'" <smutny@iepa.com<, "'Jeff Dasovich (E-mail)'" <Jeff.Dasovich@enron.com<, "'Joe Ronan (E-mail)'" <joer@calpine.com<, "'John Larrea (E-mail)'" <john.g.larrea@williams.com<, "'Julee Malinowski-Ball (E-mail)'" <jmball@ns.net<, "'Kassandra Gough (E-mail)'" <kgough@calpine.com<, "'kent Palmerton (E-mail)'" <kent.palmerton@williams.com<, "'Lynn Lednicky (E-mail)'" <lale@dynegy.com<, "Marie Moretti (E-mail 2)" <mmoretti@mccabeandcompany.net<, "'Marty Wilson (E-mail)'" <mwilson@pstrategies.com<, "'McNally Ray (E-mail)'" <rmcnally@mcnallytemple.com<, "''Nam Nguyen' (E-mail)'" <nam.nguyen@powersrc.com<, "'Norton Kelli (E-mail)'" <knorton@mcnallytemple.com<, "'Paula Hall-Collins (E-mail)'" <paula.hall-collins@williams.com<, "'Pigott Jack (E-mail)'" <jackp@calpine.com<, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com<, "'Roger Pelote (E-mail)'" <roger.pelote@williams.com<, "'Stephanie-Newell (E-mail)'" <stephanie-newell@reliantenergy.com<, "'Sue Mara (E-mail)'" <smara@enron.com<, "'Tom Ross (E-mail)'" <tross@mcnallytemple.com<, "Tom Williams (E-mail)" <tcwillia@duke-energy.com<, "'Alex Sugaoka (E-mail)'" <alex.sugaoka@uaecorp.com<, "'Bill Carlson (E-mail)'" <william_carlson@wastemanagement.com<, "'Bill Woods (E-mail)'" <billw@calpine.com<, "'Bob Ellery (E-mail)'" <bellery@spi-ind.com<, "'Bob Gates (E-mail)'" <bob.gates@enron.com<, "'Cody Carter (E-mail)'" <cody.carter@williams.com<, "'Curt Hatton (E-mail)'" <Curt.Hatton@gen.pge.com<, "'David Parquet'" <david.parquet@enron.com<, "'Dean Gosselin (E-mail)'" <dean_gosselin@fpl.com<, "'Doug Fernley (E-mail)'" <fernley.doug@epenergy.com<, "'Duane Nelsen (E-mail)'" <dnelsen@gwfpower.com<, "'Ed Tomeo (E-mail)'" <ed.tomeo@uaecorp.com<, "'Eileen Koch (E-mail)'" <eileenk@calpine.com<, "'Eric Eisenman (E-mail)'" <eric.eisenman@gen.pge.com<, "'Frank DeRosa (E-mail)'" <frank.derosa@gen.pge.com<, "Frazier Blaylock (E-mail)" <frazier_blaylock@ogden-energy.com<, "'Hap Boyd (E-mail)'" <Hap_Boyd@enron.com<, "'Hawks Jack (E-mail)'" <jack.hawks@gen.pge.com<, "'Jim Willey (E-mail)'" <elliottsa@earthlink.net<, "'Joe Greco (E-mail)'" <jgreco@caithnessenergy.com<, "'Jonathan Weisgall (E-mail)'" <jweisgall@aol.com<, "'Kate Castillo (E-mail)'" <CCastillo@riobravo-gm.com<, "'Kelly Lloyd (E-mail)'" <kellyl@enxco.com<, "'Ken Hoffman (E-mail)'" <khoffman@caithnessenergy.com<, "'Kent Fickett (E-mail)'" <kfickett@usgen.com<, "'Lynn Lednicky (E-mail)'" <lynn.a.lednicky@dynegy.com<, "'Marty McFadden (E-mail)'" <marty_mcfadden@ogden-energy.com<, "'Paula Soos'" <paula_soos@ogden-energy.com<, "'Randy Hickok (E-mail)'" <rjhickok@duke-energy.com<, "Rick S. Koebbe (E-mail)" <rskoebbe@powerworksinc.com<, "'Rob Lamkin (E-mail)'" <rllamkin@seiworldwide.com<, "'Ross Ain (E-mail)'" <ain@worldnet.att.net<, "'Steve Iliff'" <siliff@riobravo-gm.com<, "'Steve Ponder (E-mail)'" <steve_ponder@fpl.com<, "'Tony Wetzel (E-mail)'" <twetzel@thermoecotek.com<, "'William Hall (E-mail)'" <wfhall2@duke-energy.com<, trusso@mcnallytemple.com, sadlersa@earthlink.net, mstultz@epsa.org, rtemple@mcnallytemple.com, tracy.fairchild@edelman.com, megan.beiser@edelman.com, deborah.fiorito@dynegy.com, lchurch@epsa.org, Katie Kaplan <kaplan@iepa.com<, tcwillia@duke-energy.com, rwhyde@duke-energy.com, tmcmorrow@manatt.com, Suzy.L.Rodriguez@dynegy.com, ppitts@wiredworld1.com, mnobili@cal-lobby.com, sscsus@aol.com, kvellandi@pstrategies.com cc: Subject: Update on Dunn Witch Hunt Hearings Senator Dunn conducted a press briefing earlier today in regards to his "Select Committee to Investigate Price Manipulation of the Wholesale Energy Market." Following is a summary of what was discussed: Today's hearing: Where: Room 3191, 1pm Who: Carol Coy, South Coast Air Quality Management District SCE was invited but unable to attend due to the bankruptcy issue which apparently consumes all of their time and resources.... Topic: The "laundering" of air emissions credits. Apparently the cost of air emissions credits is pushed up due to the laundering of credits by generators, and as a result should not be used to justify high electricity prices. Upcoming Hearings: When: Friday, June 22 Topic: Plant operations Who: TBD When: Friday, June 29 Who: GENERATORS TESTIFY Other items discussed: Documents requests issued to LADWP and DWR. LADWP has apparently been very very very "very cooperative" with the request. Subpoenas have been issued to Duke, Dynegy, AES, NRG, Enron, Reliant, Williams A subpoena was issued to SCE requesting the following information: 1. Internal documents related to the surveillance of market competitiveness. 2. Maintenance records and 3. Internal documents related to the sale of California generation assets. A subpoena was issued to Morgan Stanley, who was retained to prepare documents related to the sale of some of California's generation assets. NOTE: The point is that the price paid for generation assets was "much higher" than many experts anticipated. The committee will be looking into whether generators purchased these assets at significantly higher prices because they knew they would have market power -- and the ability to set prices high. Subpoenas will be issued to PG&E and SDG&E Please feel free to call if you have any other questions. Thanks - Jean -- Jean Munoz McNally Temple Associates, Inc. 916-447-8186 916-447-6326 (fx)
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