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Statement Period: May 1, 2000 through May 31, 2000
Last Statement: April 30, 2000

Schwab One Account of

JEFFREY K SKILLING
1912 NORTH BLVD
HOUSTON TX 77098-5418

Please call us if you have a new address.

Account Number:
8110-6673

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EXH008-00807

E5E2902-012338 301302

  Customer Service and Account Information
Customer Service and Trading:
  Call your Schwab Signature Platinum Pinnacle team
TeleBroker0:
  1 (800) 272-4922
Local Office:
PENNZOIL BUILDING
  19 711 LOUISIANA SOUTH TOWER
o HOUSTON, TX 77002
  `~ Visit Our Web Site:
c7 schwab.com
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  SCH\,'AB (5).-C--

GOVERNMENT
EXHIBIT
  2137
  Crim. No. H-04-25 (S-2)


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Terms and Conditions

Customer Service

If you find any errors or omissions on this
statement, please call the phone number listed on
the first page of your statement. In case of errors
or omissions relating to your brokerage activity,
you must notify us within 10 business days of
receivinq the statement. The statement will be
deemed9conclusive after 10 business days. In
the case of errors or omissions relating to VISA,
ATM, or Schwab MoneyLink®transactions, please
see instructions under General Information below.
If this statement shows that we have mailed or
delivered security certificate(s) that you have
not received, notify us immediately. We will
arrange for a stop order and replacement
certificate(s). If you do not notify us promptly,
you may be responsible for contacting the transfer
agent directly for replacement.
Please also notify us prom tly of any change of
address or phone number(s).
This statement should be retained for reference
when preparing your tax returns.
Key Terms
Average Daily Balance: An average daily
composite of all cash balances that earn interest
and all loans from Schwab that are charged
interest. The interest cycle may differ from
the statement cycle. Interest accrues from the
second-to-last business day of the prior month
and is posted on the second-to-last business day
of the current month.
Asset Allocation: This section represents
your distribution of assets among different asset
classes including Stocks, Options, Mutual Funds,
Bonds and Other Assets (includes mortgage
backed securities). The % column may not
total to exactly 100% due to rounding.
Buying Power: This figure represents the
amount available to you as of the last day of the
statement period for the purchase of marginal
equities.
Change in Value: This figure indicates the
growth or decline (including securities deposited
or withdrawn) in the value of your investments
(excluding cash and sweep money market funds)
during the statement period, net of transaction
costs.
Cash & MMF: Added/Subtracted: The total
of all purchases, sales, deposits, withdrawals,
VISA, ATM and check transactions processed
during the statement period. This figure does
not include purchases and redemptions of sweep
money market funds that result from these
transactions.
Cash & MMF: Starting Value: The starting
value is the balance ofCash Margin Loan
Outstanding and Money Market Fund shares held
in the account at the beginning of the pe nod.
It is shown as Cash & MMF: Ending Value on the
prior statement.
E5E2902-012338 301303

Dividends Pending: The dividend due on an
account for any equit or mutual fund that declares
a distribution where the record date falls before
statement month-end and the pay date falls in a
a subsequent month. Note: Our ability to provide
this information and pay distributions depends on
our receipt of information and payments from the
paying agent before the last business day of the
statement period.

Investment Detail: If available bonds will have
credit ratings from Moody's and Standard & Poor's.
Investments: Purchased/Sold: The total of all
purchases/sales settled in the month including
commissions and fees.

Investments: Starting Value: The Starting Value
represents the value of positions held in the
account at the beginninq of the period. It is
shown as Investments: Ending Value on the
prior statement.
Investor Info Fees: Charges for usage of
electronic products.
Latest Price: The most recent price evaluation
available on the last business day of the statement
period, normally the last trade rice or bid. N/A
denotes that no market evaluation update is
currently available. Price evaluations are obtained
from outside vendors. Although every effort has
been made to assure the quality of the prices
given, we cannot guarantee the accuracy of any
price.
(M): This symbol in Investment Detail indicates a
position held in your margin account.
MMF: Money Market Fund
Margin Account Equity/Margin Account
Equiity q : The equity position in your margin
account, including options if ap licable, as of the
last day of the statement period. The percentage
indicates the ratio of the Margin Account Equity
to the total market value of the margin account.
Cash Available: This figure represents the amount
of credit Schwab may extend to you based on the
holdings in your margin account.
Margin Interest Paid: The interest charged for loans
in your brokerage account. Margin interest will be
charged in accordance with the Terms of the
Brokerage Account Agreement.
Margin Loan Outstanding: This is the amount
of the loan in your brokerage account as of the
last day of the statement period. Margin interest is
calculated on this figure less any Cash held in the
account.
Market Monitor: The yields indicated are current
as of the last day of the statement period. The
yields are based on historical performance. Sweep
money fund yields are 7 day annualized yields.
Future yields will fluctuate. Before investing
in any Money Market Funds, careful)Y read the
prospectus which is available through Schwab.
Also shown are percentage changes for several
broad based indices. These are meant to be for
reference only.

NM: Not meaningful

Schwab One® Fee: The $5 Minimum Balance Fee
will be assessed when your Total Account Value
is below $5,000 on the prior month's statement,
and you have not made at least 2 commissionable
trades within the last 12 months.
Total Ending Account Value: The value of your
brokerage account at the end of the statement
period.
Total Starting Account Value: The Total Account
Value shown on your prior statement which reflects
the value of your account at the end of the previous
period.
p: This symbol appears in Investment Detail if you
have elected to reinvest dividends.
General Information

Customers whose accounts have been inactive
while maintaining a position in their account, will
be sent a statement quarter)y. IRA customers
receiving only Money Market Fund income will
receive statements quarterly.
AIP (Automatic Investment Plan) Customers:
Schwab receives a remuneration in connection with
certain transactions effected through Schwab. If
you participate in a systematic investment program
throw h Schwab the additional information normally
detailed on a trade confirmation will be provided
upon request.
Margin Account Customers: This is a combined
statement of your margin sub-account and special
memorandum sub-account maintained for you
under Section 4(1)(6) of Regulation T issued by
the Board of Governors of the Federal Reserve
System. The permanent record of the separate
sub-account as required by Regulation T is
available for your inspection.
Dividend Reinvestment Customers: Dividend
reinvestment transactions were effected by Schwab
acting as a principal for its own account, except
for the reinvestment of Schwab dividends for
which an independent broker-dealer acted as the
buying agent.

be aware of the
and other charges
options transactions
irmation of such
fished to you, and will
/ upon request; 2) you
of any, material changes

exercise or assignment notices for
acts are allocated among customer
ns pursuant to an automated procedure
mly selects from among all customer
positions those contracts which are

estaoosned on the aay of assignments.
Schwab MoneyLink®: You may call us at the
number listed in the first page of your statement
to verity if a transfer has been made.

If you have Questions or find errors on VISA, ATM,
or Schwab MoneyLink®transactions, you must
contact us no later than 60 days after the date we
sent you the statement on which the error first

i radmg or Local Office phone number indicated on
the first page of your statement. When you call,
we will begin our investigation immediately but
we may request that you restate your question or
problem in writing within 10 days from the date of
notification. When you call or write, please include
1) Your name, account number, checking account
number and/or VISA card number as applicable; 2)
The date of the transaction in question; 3) A
complete description of the transaction and your
question or why you feel that the transaction is in
error, and 4) The dollar amount of the suspected
error. We will promptly research the transaction
and correct any errors, if necessary.. If we take
more than 10 business days to do tis, we will
recredit your account for the amount you think is in
error so that you will have use of the money during
the time it takes us to complete our investigation;
except that Schwab One® accounts that have a
margin feature need not be recredited during our
investigation.

Any free credit balance represents funds payable
upon demand which, although properly accounted for
on our books of record, are not segregated and may
be used in the conduct of this firms business.

The yield information for the sweep money funds
reported under Market Monitor is based on historical
performance. Future yields will fluctuate. Before
investing in any of these funds, carefully read the
prospectus which is available trough Schwab.
We are reguired by law to report to the Internal
Revenue Service cash dividends, interest income on
corporate registered bonds, and credit interest
earned on account balances which have been credited
to your account durin the calendar year. Please
retain this statement i9or tax purposes.
Schwab acts as the Transfer and Shareholder Service
Agent and as the Distributor for the Schwab Money
Funds, and Schwab or an affiliated company acts as
the Investment Advisor and Administrator for the
Schwab Money Funds. Schwab, or its affiliated
company is compensated by the Schwab Money Funds
for acting in each of these capacities other than as
Distributor. The amount of such compensation is
disclosed in the prospectus for the Schwab Money
Funds, and additional information will be provided
in response to written request.

A financial statement for Charles Schwab & Co., Inc.
is available upon your written request.
Schwab 1000 Index® is a registered trademark of
Charles Schwab & Co.. Inc. Standard & Poor's Index®
is a registered trademark of the Standard & Poor's
Corporation.

Charles Schwab & Co., Inc. is a member of the New
York Stock Exchan a and other principal stock and
option exchanges. Lharles Schwab & Co., Inc. is a
member of SIPC.

(0999-3935) MKT 4214 (9/99)

EXH008-00808


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Account of JEFFREY K SKILLING

Statement Period: May 1, 2000 through May 31, 2000
Account Number: 8110-6673

Asset Allocation Change In Account Value

	Amount	%
Cash and Money Market Funds (MMF):	
Cash (Credits)	$266.25	<1%
MMF (Sweep)	7,349,556.41	11%
Fixed Income	606,722.31	<1%
Stocks	60,449,026.63	88%
Total Assets Long	$ 68,405,571.60	100%

Margin Loan Outstanding $0.00
Total Account Value $ 68,405,571.60

Asset Allocation

Remaining Assets <1 %

Stocks 88%

E5E2902-012338 301304

MMF (Sweep) 11 %

This Period: Starts 05/01/00 and ends 05/31/00
Year to Date: Starts 01/01/00

This Period Year to Date

Starting Account Value

Cash & MMF:
Starting Value
Added
Subtracted
Ending Value

$ 65,509,703.29 $ 43,158,471.39

  $ 1,063,873.87 $ 182,040.66
6,354,788.79 9,557,402.27
  (68,840.00) (2,389,620.27)
$ 7,349,822.66 $ 7,349,822.66

Investments:		
Starting Value	$ 64,445,829.42	$ 42,976,430.73
Purchased	0.00	0.00
Received In	0.00	1,029,303.00
Sold	(6,339,353.27)	(9,402,127.72)
Delivered Out	0.00	0.00
Net Change in Investments	2,949,272.79	26,452,142.93
Ending Value	$ 61,055,748.94	$ 61,055,748.94

Margin Account Summary
Buying Power $ 1,089,658.00
Cash Available 443,405.00
Margin Account Equity 627,618.00
Margin Account Equity % 100%

Margin Loan Interest Rate as of 5/31/00 was
9.250% - 10.750%

Noted for Your Account
Investment Income during this period was
$15,435.52

You receive special Schwab Signature
Services commission rates.

Market Monitor
Schwab Muni MMF 3.54%

Ending Account Value $ 68,405,571.60 $ 68,405,571.60 Indices Year to Date Change
Dow Jones Industrial Average (8.48)%
Change in Account Value $ 2,895,868.31 $ 25,247,100.21 Standard & Poor's 500 Index® (3.31)%
Schwab 1000 Index® (3.19)%
NASDAQ Composite Index (16.43)%

EXH008-00809



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Account of JEFFREY K SKILLING

Statement Period: May 1, 2000 through May 31, 2000
Account Number: 8110-6673

Investment Detail
  Quote Quantity Latest Total
Description Symbol Long/Short Price Market Value
Cash and Money Market Funds (Sweep)
  CASH $266.25
SCH MUNI MONEY FUND SWXXX 7,349,556.4100 L $ 1 7,349,556.41
Total Market Value of Cash and Money Market Funds (Sweep) $ 7,349,822.66

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Fixed Income: Municipal Bonds				
ADDISON TEX 5.25%10(M)	10,000	L	$97.3740	$9,737.40
CTFS OBLIG DUE 08/15/10				
COMB TAX & REV AMBAC				
AAA/AAA CURRENT YIELD 5.39158%				
ARLINGTON TEX 5.10%07(M)	50,000	L	98.6780	49,339.00
PERM IMPT DUE 08/15/07				
SER A				
AA3/AA CURRENT YIELD 5.16832%				
BROWNSVILLE TEX 5.375%12(M)	50,000	L	97.2420	48,621.00
GENL OBLIG DUE 02/15/12				
RFDG AMBAC				
AAA/AAA CURRENT YIELD 5.52744%				
GRANBURYTEX 5.20%08(M)	50,000	L	100.4410	50,220.50
UTIL SYS DUE 09/15/08				
SER B COMB TAX AMBAC				
AAA/AAA CURRENT YIELD 5.17716%				
LUBBOCK TEX HLTH 5.50%14(M)	50,000	L	101.3240	50,662.00
FACS DEV DUE 12/01/14				
CORP HOSP REV AMBAC				
AAA/AAA CURRENT YIELD 5.42813%				
MINERAL WELLS TX 5.50%09(M)	50,000	L	100.0700	50,035.00
GENL OBLIG DUE 02/01/09				
RFDG AMBAC				
AAA/AAA CURRENT YIELD 5.49615%				

(M) Assets held in margin account

E5E2902-012338 301305

EXH008-00810


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Account of JEFFREY K WILLING Statement Period: May 1, 2000 through May 31, 2000
Account Number: 8110-6673

Investment Detail (continued)				
	Quote Quantity		Latest	Total
Description	Symbol Long/Short		Price	Market Value
Fixed Income: Municipal Bonds (continued)				
NORTH RICHLAND 4.25%10(M)	40,000	L	$87.3250	$34,930.00
HILLS TEX DUE 02/15/10				
CTFS OBLIG TAX AMBAC				
AAA/AAA CURRENT YIELD 4.86687%				
NUECES CNTY TEX 5.40%06(M)	50,000	L	100.3040	50,152.00
HOSP DIST DUE 07/01/06				
RFDG COMB TAX FGIC				
AAA/AAA CURRENT YIELD 5.38363%				
TEXAS A & M 4.90%05(M)	50,000	L	98.7060	49,353.00
UNIV PERM DUE 07/01/05				
UNIV FD RFDG				
AAA/AAA CURRENT YIELD 4.96423%				
TEXAS ST 5.25%11(M)	50,000	L	100.4780	50,239.00
GENL OBLIG DUE 10/01/11				
SER B				
AA1/AAA CURRENT YIELD 5.22502%				
Fixed Income: CMO & Asset Backed Securities				
FEDL NATL MTG ASSN 8%19	580,000	L	$99.9720	$ 163,433.41
REMIC DUE 07/25/19				
SER 1989 37 CL G				
FACTOR= .281860660 AMORT AMT=$163,479.18				
CURRENT YIELD 8.00224%				
Total Market Value of Fixed Income				$ 606,722.31

Stocks
AZURIX CORP

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AZX 20,000 L $6.7500 $ 135,000.00

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Account of JEFFREY K SWILLING Statement Period: May 1, 2000 through May 31, 2000
Account Number: 8110-6673

Investment Detail (continued)					
	Quote	Quantity		Latest	Total
Description	Symbol	Long/Short		Price	Market Value
Stocks (continued)					
DREYFUS STRATEGIC MUNS(M)	LEO	2,500	L	$7.9375	$19,843.75
ENRON CORP	ENE	825,111	L	72.8750	60,129,964.13
KEMPER STRATEGIC MUNI(M)	KSM	2,500	L	10.1875	25,468.75
INCOME TR SHS OF BEN INT					
M F S MUNI INC TRUST(M)	MFM	2,500	L	7.2500	18,125.00
MUNICIPAL HIGH INCOME FD(M)	MHF	2,500	L	7.8125	19,531.25
NUVEEN PREM INCM MUN FD(M)	NPI	2,500	L	11.5625	28,906.25
PUTNAM HIGH YLD MUNI TR(M)	PYM	2,500	L	7.1875	17,968.75
SBI
PUTNAM INVT GRADE MUN TR(M)	
PGM	
2,500	
L	
12.1250	
30,312.50
PUTNAM MANAGED MUNI INCM(M)	PMM	2,500	L	9.5625	23,906.25
SHS BEN INT					
Total Market Value of Stocks					$ 60,449,026.63

Less: Margin Loan Outstanding

$0.00

Total Account Value $ 68,405,571.60
Value of Assets Held in Cash Account $ 67,777,953.95
Value of Assets Held in Margin Account $ 627,617.65

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Account of JEFFREY K SKILLING

Statement Period: May 1, 2000 through May 31, 2000
Account Number: 8110-6673

Transaction Detail
Investments Purchased and Sold

Settle Trade Quote
Date Date Transaction Description Symbol Quantity Unit Price Purchase/Debit Sales/Credit
Fixed Income Activity (including redemptions and return of principal)
05/25 05/25 Principal Payment FEDL NATL MTG ASSN 8%19 N/A $3,968,10
REMIC DUE 07/25/19

Stock Activity
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26
05/01 04/26

Total Fixed Income Activity $3,968.10

Sold	ENRON CORP	ENE	(1,100)	$74	$81,364.28
Sold	ENRON CORP	ENE	(300)	74	22,190.26
Sold	ENRON CORP	ENE	(700)	73.8750	51,689.77
Sold	ENRON CORP	ENE	(500)	74	36,983.76
Sold	ENRON CORP	ENE	(21,117)	74	1,561,972.40
Sold	ENRON CORP	ENE	(2,300)	74	170,125.32
Sold	ENRON CORP	ENE	(10,000)	73.8750	738,425.37
Sold	ENRON CORP	ENE	(400)	74	29,587.01
Sold	ENRON CORP	ENE	(20,000)	73.8750	1,476,850.75
Sold	ENRON CORP	ENE	(300)	74	22,190.26
Sold	ENRON CORP	ENE	(200)	74	14,793.50
Sold	ENRON CORP	ENE	(4,300)	73.8750	317,522.91
Sold	ENRON CORP	ENE	(25,000)	72.5000	1,811,689.58
Total Stock Activity					$ 6,335,385.17

Total Investments Purchased and Sold $ 6,339,353.27

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Account of JEFFREY K SKILLING Statement Period: May 1, 2000 through May 31, 2000
Account Number: 8110-6673

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Transaction Detail (continued)
Cash Activity
Check Number Date Paid Check Amount

Check Activity
SCHWAB ONE CHECK 0511 05/16
SCHWAB ONE CHECK 0512 05/23
Total Check Activity

$30,000.00
25,000.00
$55,000.00

Trans	Process				
Date	Date	Transaction	Description	Withdrawal	Deposit
Deposit and Withdrawal Activity			
05/02	05/02	Funds Paid	CHECK ISSUE #00510 S1	$13,840.00	
		Total Deposit and Withdrawal Activity	
0.00
$13,84	
Trans	Process				
Date	Date	Transaction	Description	Debit	Income
Investment Income Activity (including Money Market Fund dividends reinvested)		
05/01	05/01	Cash Dividend	NUVEEN PREM INCM MUN FD		$167.50
05/01	05/01	Cash Dividend	PUTNAM HIGH YLD MUNI TR SBI		120.00
05/01	05/01	Cash Dividend	PUTNAM INVT GRADE MUN TR		200.00
05/01	05/01	Cash Dividend	PUTNAM MANAGED MUNI INCMSHS BEN INT		158.75
05/15	05/15	Dividend	SCH MUNI MONEY FUND SWEEP SHARES		13,170.45
05/25	05/25	Bond Interest	FEDL NAIL MTG ASSN 8%19REMIC DUE 07/25/19SER 1989 37		1,116.32
05/26	05/26	Cash Dividend	DREYFUS STRATEGIC MUNS		115.00
05/26	05/26	Cash Dividend	MUNICIPAL HIGH INCOME FD		121.25
05/31	05/31	Cash Dividend	KEMPER STRATEGIC MUNI INCOME TR SHS OF BEN INT		156.25
05/31	05/31	Cash Dividend	M F S MUNI INC TRUST		110.00

Total Investment Income Activity

  $15,435.52

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Total Cash Activity $68,840-00 $ 15,435.52

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Transaction Detail (continued)
Cash Activity (continued)

  Subtractions Additions
from Account to Account
Grand Total Transaction Detail $68,840.00 $ 6,354,788.79

Money Funds Detail
Settle Date Transaction Quantity Unit Price Purchase/Debit Sale/Credit
Money Market Funds (Sweep) Activity
SCH MUNI MONEY FUND Activity
Opening Shares of SCH MUNI MONEY FUND were 324,802.2600
05/01 Purchased 739,071.6100 $ 1 $ 739,071.61

05/02 Purchased	6,336,031.4200	1	6,336,031.42	
05/03 Redeemed	13,840	1		$13,840.00
05/15 Dividend	13,170.4500	1	13,170.45	
05/16 Redeemed	30,000	1		30,000.00
05/23 Redeemed	25,000	1		25,000.00
05/26 Purchased	5,084.4200	1	5,084.42	
05/30 Purchased	236.2500	1	236.25	
Closing Shares of SCH MUNI MONEY FUND were 7,349,556.4100				
Total SCH MUNI MONEY FUND Activity			$ 7,093,594.15	$68,840.00
Total money market Funds (Sweep) Activity			$ 7,093,594.15	$68,840.00

SCHWAB MUNI MMF 4.080

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  Account of JEFFREY K SKILLING Statement Period: May 1, 2000 through May 31, 2000
Account Number: 8110-6673


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Account of JEFFREY K SKILLING Statement Period: May 1, 2000 through May 31, 2000
Account Number: 8110-6673

Dividends Pending
Payable Rate Share Cash
Date Transaction Description Quantity per Share Distribution Distribution
06/01 Cash Dividend NUVEEN PREM INCM MUN FD 2,500 0.0670 $167.50

06/01 Cash Dividend PUTNAM HIGH YLD MUNI TR
06/01 Cash Dividend PUTNAM INVT GRADE MUN TR
06/01 Cash Dividend PUTNAM MANAGED MUNI INCM

2,500 0.0480
2,500 0.0800
2,500 0.0635

120.00
200.00
158.75

  Total Dividends Pending $ 646.2

Pending transactions are not included in account value

Investment Income Summary			
	This Period:	Year to Date:	
	Federally Federally	Federally	Federally
Description	Taxable Tax-Exempt	Taxable	Tax-Exempt
Money Funds Dividends	$13,170.45		$15,261.71
Cash Dividends	1,148.75	$ 116,288.25	5,107.50

Corporate Bond Interest
Municipal Bond Interest

1,116.32

  5,838.51

10,293.75

Total investment income $1,116.32 $14,319.20 $ 122,126.76 $30,662.90
Interest Paid on Margin Loan During Current Period $0.00
Interest Paid on Margin Loan Year-to-Date $(49.91)

Certain income in this category may qualify for state tax exemption; consult your tax advisor.
Certain margin loan interest may be deductible; consult your tax advisor.

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