Featured Stories  City loses bid for PGE  Randy Leonard: 'These
people don't give a hoot about Portland, Oregon' Fred Miller:
'The city is conjuring up an enemy'  The city of Portland's bid
to acquire Portland General Electric has been rejected by Enron
Corp., the utility's bankrupt parent.  The city's offer which
reportedly totaled $2.2 billion and at least one other bid were
deemed inadequate, according to Martin Bienenstock, Enron's
bankruptcy counsel.  Enron is thus forging ahead with its plan
to disperse the 42.75 million shares of PGE's common stock
acquired when it bought the Portland utility in 1997 to Enron
creditors.  Enron was expected to present the option today when
it files its hefty reorganization plan in federal bankruptcy
court in New York.  If the court approves the plan, a process
that could take from several weeks to many months, it would make
PGE a separate company owned by about 2,000 companies, banks and
institutions.  'Obviously, no one has come up with an acceptable
offer,' said Fred