Mr. Kenneth L. Lay
Chairman and Chief Executive Officer
PO Box 1188
Houston, Texas 77251
Thanks very much for you kind letter of congratulations. I am grateful for your best wishes and deeply honored by the President's choice. As I said in the Rose Garden, Secretary Rubin's act is a tough one to follow and there are certainly plenty of challenges ahead. I am looking forward to the opportunity and to continuing on the course that has been set.
I hope our paths will cross again soon.
Lawrence H. Summers
[Hand-written scrawl] PS - I'll keep my eye on power deregulation and energy market infrastructure issues.