This is the October regulatory highlights memo.  Please forward to whomever
could use it.  Thanks.


----- Forwarded by Carol Benter/HOU/NorthAmerica/MCKINSEY on 12/04/2000
10:32 AM -----

                    Jim O'Reilly
                    11/20/2000           To:     Alan
                    05:25 PM
FitzGerald/NYO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Mohan

Giridharadas/ATL/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Ken
Ostrowski/ATL/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Jack
Welch/BOS/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Christoph
Grobbel/COL/Europe/MCKINSEY@MCKINSEY,
                                         David
Becker/CHI/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Gerhard
Bette/CHI/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Steve
Coley/CHI/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Bob
Frei/CHI/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Bernard
Loyd/CHI/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Tim
Chapman/CLE/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Sandy
Kennedy/CLE/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Rob
Latoff/CLE/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Luis
Troyano/CLE/NorthAmerica/MCKINSEY@MCKINSEY,
                                         John
Warner/CLE/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Bill
Barnett/DAL/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Jim

Humrichouse/DAL/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Robert
Musslewhite/AMS/Europe/MCKINSEY@MCKINSEY,
                                         Brian
Tulloh/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Carol B
White/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Gary
Farha/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Stephanie

Hayes/BOS/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Thomas-Olivier

Leautier/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Sally
Lindsay/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Linda

Mansfield/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Hans
Miller/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Jessica

O'Connor-Petts/DCO/NorthAmerica/MCKINSEY@MCKINSEY
                                         , Paul

Parfomak/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Thomas
Read/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Trudy
Scott/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Pru
Sheppard/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Les
Silverman/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Marcelino

Susas/DCO/NorthAmerica/MCKINSEY@MCKINSEY, B.
                                         Venki Venkateshwara@MCKINSEY, Joan

Westmoreland/DCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Thomas
Vahlenkamp/DUS/Europe/MCKINSEY@MCKINSEY,
                                         George

Appling/HOU/NorthAmerica/MCKINSEY@MCKINSEY, Joe

Avila/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Leonhard
Birnbaum/DUS/Europe/MCKINSEY@MCKINSEY,
                                         Tim
Bleakley/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         John
Bookout/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Jim
Bowen/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Barbara

Fletcher/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Rahul
Gujral/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Francis

Hodsoll/NCO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Barbara
House/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Zeynep Iber

Young/HOU/NorthAmerica/MCKINSEY@MCKINSEY, Mike

Juden/HOU/NorthAmerica/MCKINSEY@MCKINSEY, Jatin

Kakkar/HOU/NorthAmerica/MCKINSEY@MCKINSEY, Gerald

Klenner/VIE/Europe/MCKINSEY@MCKINSEY, Dan

Loflin/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Carolyn
Loos/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Girish
Nair/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Sesha
Narayan/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Suzanne

Nimocks/HOU/NorthAmerica/MCKINSEY@MCKINSEY, Marko

Schulz/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Jianghong

Wang/HOU/NorthAmerica/MCKINSEY@MCKINSEY, Renee

Foster/NYO/NorthAmerica/MCKINSEY@MCKINSEY, Jeff

Long/LAN/NorthAmerica/MCKINSEY@MCKINSEY, Dennis

Woodside/LAN/NorthAmerica/MCKINSEY@Mckinsey,
                                         Parke

Boneysteele/SFO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         dave.gee@pge-corp.com, Jennifer

Midura/LON/Europe/MCKINSEY@MCKINSEY, Ashutosh

Shastri/LON/Europe/MCKINSEY@MCKINSEY, Jorge

Alarcon/MAD/Europe/MCKINSEY@MCKINSEY, Nicolas

Borges/MAD/Europe/MCKINSEY@MCKINSEY, Enrique de

Leyva/MAD/Europe/MCKINSEY@MCKINSEY, German

Dominguez/MAD/Europe/MCKINSEY@MCKINSEY, Scott

Graham/LON/Europe/MCKINSEY@MCKINSEY, Jack

Dempsey/MIN/NorthAmerica/MCKINSEY@MCKINSEY, Jose
                                         Federico

Castillo/MEX/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Alejandro

Diaz/MEX/NorthAmerica/MCKINSEY@MCKINSEY, Bernard

Minkow/MAD/Europe/MCKINSEY@MCKINSEY, Antonio

Puron/MEX/NorthAmerica/MCKINSEY@MCKINSEY, Dan

Hurdle/PNW/NorthAmerica/MCKINSEY@MCKINSEY, Atul

Kanagat/PNW/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Andrew

Hertneky/PIT/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Vijay
Gosula/SAO/SouthAmerica/MCKINSEY@MCKINSEY,
                                         Andre
Lima/RJO/SouthAmerica/MCKINSEY@MCKINSEY,
                                         Rodrigo

Rasera/SAO/SouthAmerica/MCKINSEY@MCKINSEY, Zander

Arkin/SFO/NorthAmerica/MCKINSEY@MCKINSEY, Paul

Jansen/SFO/NorthAmerica/MCKINSEY@MCKINSEY, Jim

Robb/SFO/NorthAmerica/MCKINSEY@MCKINSEY, Matt

Rogers/SFO/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Cecilia
Bergman/STO/Europe/MCKINSEY@MCKINSEY, Per

Lekander/STO/Europe/MCKINSEY@MCKINSEY, Tsun-yan
                                         Hsieh/SIN/Asia/MCKINSEY@MCKINSEY,
Paul

LeBrun/TOR/NorthAmerica/MCKINSEY@MCKINSEY, Gerrit
                                         van
Geyn/TOR/NorthAmerica/MCKINSEY@Mckinsey, Bob

Edwards/HOU/NorthAmerica/MCKINSEY@MCKINSEY, Jeff

Walker/DAL/NorthAmerica/MCKINSEY@MCKINSEY, Paul

Kolter/DCO/NorthAmerica/MCKINSEY@MCKINSEY, Tommy

Inglesby/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Brian
Swain/HOU/NorthAmerica/MCKINSEY@MCKINSEY,
                                         Brad Van

Tassel/HOU/NorthAmerica/MCKINSEY@MCKINSEY, Elyse

Wilson/NCO/NorthAmerica/MCKINSEY@Mckinsey, Rogene

McCoy/SYD/Australia/MCKINSEY@MCKINSEY, Victor

Perez/SFO/NorthAmerica/MCKINSEY@MCKINSEY, Marina

Ospina/DCO/NorthAmerica/MCKINSEY@MCKINSEY, Salim

Maherali/DEL/Asia/MCKINSEY@Mckinsey, Suresh

Mustapha/TOR/NorthAmerica/MCKINSEY@Mckinsey,
                                         Fawad
Quraishi/TOR/NorthAmerica/MCKINSEY@Mckinsey
                                         cc:
                                         Subject:     Regulatory update




Attached is the latest regulatory update.  Please let me know if you would
like any additional information.
(See attached file: Oct00.doc)(See attached file: Oct00Exh.ppt)


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(See attached file: Oct00.doc)
(See attached file: Oct00Exh.ppt)
 - Oct00.doc
 - Oct00Exh.ppt