Kenneth Lay Quotes


"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
(Related: Life, Fact, Wrong)

"We see ourselves as first helping to open up markets to competition."
- Kenneth Lay
(Related: Competition, First, Open)

"I have to take responsibility for anything that happened within its businesses."
- Kenneth Lay
(Related: Responsibility)

"I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well."
- Kenneth Lay
"I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal."
- Kenneth Lay
(Related: Enron, Mind, Nothing, Responsibility, Saying)

"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."
- Kenneth Lay
(Related: Time, Financial, First, President, Running)

"In the case of Enron, we balance our positions all the time."
- Kenneth Lay
(Related: Time, Balance, Enron)

"Investors don't like uncertainty."
- Kenneth Lay
(Related: Uncertainty)

"I don't think I'm a criminal, number one."
- Kenneth Lay
"Our liquidity is fine. As a matter of fact, it's better than fine. It's strong."
- Kenneth Lay
(Related: Fact)

"Every market is in transition."
- Kenneth Lay
"The problems in California have been that it's been very difficult to site and build new power plants."
- Kenneth Lay
(Related: Power, Plants, Problems)

"The transmission systems are still regulated."
- Kenneth Lay
"There are absolutely no problems that had anything to do with Jeff's departure."
- Kenneth Lay
(Related: Departure, Problems)

"There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues."
- Kenneth Lay
"They can't do without electricity. They can do with less electricity."
- Kenneth Lay
(Related: Electricity)

"Trillions of dollars every day are being exchanged around the world in all of the financial markets."
- Kenneth Lay
(Related: Financial, Being, Day, World)

"We use competitive markets to arrange for delivery of our food supply."
- Kenneth Lay
(Related: Food)

"We need someone who is a strong representative of our value system."
- Kenneth Lay
(Related: Value)

"Jeff knew full well what he was walking away from. Again, he needed to deal with this right away."
- Kenneth Lay
(Related: Right, Walking)

"When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall."
- Kenneth Lay
(Related: Uncertainty)

"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
(Related: Food, Energy, Today)

"I have faith in the market when we get the rules right."
- Kenneth Lay
(Related: Faith, Right, Rules)

"You'd rather have a surplus versus a shortage in your position."
- Kenneth Lay
"You'll have lower prices under deregulation than you will through regulation."
- Kenneth Lay
(Related: Will)

"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
(Related: Electricity, Now, Right)

"We've tried to get as much supply into California as we can."
- Kenneth Lay
"Am I a fool? I don't think I'm a fool. But I think I sure was fooled."
- Kenneth Lay
(Related: Fool)

"Any slots at the senior level, including CEO or other slots, will be filled internally."
- Kenneth Lay
(Related: Will)

"But certainly I didn't know he was doing anything that was criminal."
- Kenneth Lay
"But I can't take responsibility for criminal conduct of somebody inside the company."
- Kenneth Lay
(Related: Company, Responsibility)

"But indeed a market like California is not good for Enron."
- Kenneth Lay
(Related: Enron)

"But the most important thing is, Enron did not cause the California crisis."
- Kenneth Lay
(Related: Cause, Crisis, Enron)