Kenneth Lay Quotes

"I have asked the board to take this action to address fully and forthrightly investors' questions and concerns, ... Responding to the SEC offers us an additional opportunity to achieve this same goal for investors, and we will cooperate fully. We will also make every appropriate public disclosure during the course of the SEC's investigation."

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

"Every market is in transition."

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

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

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

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

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

"Investors don't like uncertainty."

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

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

"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."

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

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

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

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

"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."

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

"When you have a monopoly franchise player exercising their market power, then usually we're out on the other side of those issues."

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