---------------------- Forwarded by Christian Yoder/HOU/ECT on 03/22/2001 
03:35 PM ---------------------------
   
	Enron Capital & Trade Resources Corp.
	
	From:  "JOHN G KLAUBERG" <JKLAUBER@LLGM.COM>                           
03/22/2001 03:40 PM
	

To: cyoder@ect.enron.com, Elizabeth.Sager@enron.com
cc: Brend.Whitehead@enron.com, "MICHAEL W E DIDRIKSEN" <MDIDRIKSEN@LLGM.COM> 
Subject: Risk Memo


Christian:  as per our discussion, here is the risk memo Elizabeth sent me 
today with a few edits.  I thought I might hear from Pirog so I could get it 
a "little closer" but I have not heard from him yet.  Elizabeth wanted this 
to go to Mark today.  Please call me if you have any questions.  John

"This e-mail, including attachments, contains information that is 
confidential and it may be protected by the attorney/client or other 
privileges.  This e-mail, including attachments, constitutes non-public 
information intended to be conveyed only to the designated recipient(s).  If 
you are not an intended recipient, please delete this e-mail, including 
attachments and notify me by return mail, e-mail or by phone at 212 
424-8125.  The unauthorized use, dissemination, distribution or reproduction 
of the e-mail, including attachments, is prohibited and may be unlawful.

John Klauberg
LeBoeuf, Lamb, Greene & MacRae, L.L.P.
212 424-8125
jklauber@llgm.com

 - Risk.doc