Kenneth Lay Quotes

Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.

They can't do without electricity. They can do with less electricity.

There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues.

There are absolutely no problems that had anything to do with Jeff's departure.

The transmission systems are still regulated.

The problems in California have been that it's been very difficult to site and build new power plants.

Our liquidity is fine. As a matter of fact, it's better than fine. It's strong.

Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.

Investors don't like uncertainty.

In the case of Enron, we balance our positions all the time.

I've been a strong financial and political supporter of, first, President Bush Sr. when he was running for president, and even when he ran for president a time or two and failed.

I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.

I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.

I have to take responsibility for anything that happened within its businesses.

I have faith in the market when we get the rules right.

I don't think I'm a criminal, number one.

Every market is in transition.

But the most important thing is, Enron did not cause the California crisis.

But indeed a market like California is not good for Enron.

But I can't take responsibility for criminal conduct of somebody inside the company.

But certainly I didn't know he was doing anything that was criminal.

Any slots at the senior level, including CEO or other slots, will be filled internally.

We need someone who is a strong representative of our value system.

The last thing I would have ever expected to happen to me in my life would be that, in fact, I would be accused of doing something wrong and maybe even something criminal.

Am I a fool? I don't think I'm a fool. But I think I sure was fooled.