Kenneth Lay Quotes

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

Kenneth Lay

Investors don't like uncertainty.

Kenneth Lay

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.

Kenneth Lay

• Today
• Energy
• Food

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

Kenneth Lay

• World
• Financial

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

Kenneth Lay

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

Kenneth Lay

We don't break the law.

Kenneth Lay

• Law

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

Kenneth Lay

• Strong

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

Kenneth Lay

• Important
• California

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

Kenneth Lay

• Mind
• Responsibility

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

Kenneth Lay

• Food

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

Kenneth Lay

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

Kenneth Lay

• Fool

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

Kenneth Lay

• Strong
• Value

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

Kenneth Lay

• Time
• Balance

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.

Kenneth Lay

• Life

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

Kenneth Lay

• Unknown

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

Kenneth Lay

• Senior

The transmission systems are still regulated.

Kenneth Lay

Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework.

Kenneth Lay

• Up

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

Kenneth Lay

• Responsibility

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

Kenneth Lay

• Responsibility

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

Kenneth Lay

• Walking

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

Kenneth Lay