Kenneth Lay Quotes

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

Investors don't like uncertainty.

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

You'll have lower prices under deregulation than you will through regulation.

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

We've tried to get as much supply into California as we can.

You'd rather have a surplus versus a shortage in your position.

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

We will cooperate fully with the SEC and look forward to the opportunity to put any concern about these transactions to rest.

When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall.

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

Every market is in transition.

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

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

The transmission systems are still regulated.

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

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

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

We're (also) looking for a good people person who is able to motivate others and get strong performances out of people.

I take responsibility for what happened at Enron, both good and bad. But I cannot take responsibility for criminal conduct that I was unaware of.

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

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

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

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

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

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

If there is anything material and we're not reporting it, we'll be breaking the law. We don't break the law.

We don't break the law.

We see ourselves as first helping to open up markets to competition.

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

Aggressive accounting does not mean illegal accounting.

I've not only pursued the American dream, I've achieved it. I suppose we could say the last few years, I've also achieved the American nightmare.

We use competitive markets to arrange for delivery of our food supply.

Trillions of dollars every day are being exchanged around the world in all of the financial markets.

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

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