Spoke with Ben Glisan re our conversation on retail credit and concluded that 
we should meet with some banks that specialize in this area. Can you prepare 
a brief presentation that would serve as a discussion document for such a 
meeting. The concept is that a deal flows into a website?? that is basically 
a checklist and the transaction is sized and scoped. If it met deal criteria 
and portfolio requirements, it would flow directly to an outside shop that 
would fund, bill, track etc. Enron could possibly keep a small interest in 
economics and of course a skim. 

Lets review presentation, then discuss with Ben/Andy and Janet D.  and 
proceed to banks. Ben is clearing idea with Delaney. We are shooting for a 
Friday (23) meeting.

Thanks, Rick