Wes & Wade --
 
You've probably seen this, but FERC issued this notice for Jurisdictional Public Utilities related to a FASB decision.

From: Nicolay, Christi L. 
Sent: Friday, August 10, 2001 4:40 PM 
To: Steffes, James D. 
Subject: FW: Accounting and Reporting from The Financial 
AccountingStandards Board, AI01-1-000 


Do you know who the appropriate accounting person for this info? 

-----Original Message----- 
From: Duscha Brown [ <mailto:dbrown@bracepatt.com>] 
Sent: Friday, August 10, 2001 4:41 PM 
To: Nicolay, Christi L.; Fulton, Donna; snovose@enron.com; 
sscott3@enron.com; Twiggs, Thane 
Cc: Andrea Settanni 
Subject: Accounting and Reporting from The Financial AccountingStandards 
Board, AI01-1-000 


Enclosed: 

                                                    In Reply Refer To: 
                                                                       
                                                     OED-DRAP 
                                                 Docket No. AI01-1-000 

                                                         August 10, 
     2001 


                                 
             TO ALL JURISDICTIONAL PUBLIC UTILITIES, LICENSEES, 
             NATURAL GAS COMPANIES, AND OIL PIPELINE COMPANIES 
                    
     SUBJECT:       ACCOUNTING AND REPORTING FOR CERTAIN TYPES OF 
                    FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES 

                                                                      

     INTRODUCTION 

          The Financial Accounting Standards Board has issued three 
     pronouncements affecting the manner in which certain types of 
     financial instruments and hedging activities are measured and 
     reported in the financial statements.  

     Please see that attachment. 

     Thank you, 


Duscha S. Brown 
Legal Assistant 
Bracewell & Patterson, L.L.P. 
2000 K St. NW 
Washington, D.C. 20006