Kenneth Lay Quotes

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

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

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

- Kenneth Lay

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

- Kenneth Lay

Every market is in transition.

- Kenneth Lay

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

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

- Kenneth Lay

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

- Kenneth Lay

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

- 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

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

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

- 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

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

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

The transmission systems are still regulated.

- Kenneth Lay

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

- Kenneth Lay

Investors don't like uncertainty.

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay

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

- Kenneth Lay