Ken Lay Quotes (21 Quotes)

I think the common elements first are that, basically, we are entering markets or in markets that are deregulating or have recently deregulated, and so they have become competitive, moving from monopoly franchise-type businesses to competitive, market-oriented businesses.

The biggest problem in California is consumers are not going to see the price signals. If they don't see the price signals, they are not changing behavior so the problem is going to get worse.

Absolutely not. At the time I thought all of those things were accurate.

While we had been willing to give Andersen the benefit of the doubt until the completion of that investigation, we can't afford to wait any longer in light of recent events, including the reported destruction of documents by Andersen personnel and the disciplinary actions taken against several of Andersen's partners working in its Houston office,

(Vinson Elkins) shared with us the four people Ms. Watkins said agreed with her about her concerns in fact did not agree with her on those matters. Nor did anybody else they talked to.

I can't imagine a worse nightmare ... than being accused of criminal activity you did not do.

The Constitution guarantees justice and a speedy trial, ... I am guilty of no crime and eager to prove my innocence.

I would never have thought ever that I would be in criminal court defending charges.

We believe that the information we have made available addresses a number of the concerns that have been raised by our shareholders and the SEC about these matters,

Jeff was very genuine about his problem. In my 10 to 15 years with Jeff, he'd always been a straight-shooter with me.

We basically had a real-time audit by Arthur Andersen ongoing, all the time.

In hindsight we made some very bad investments in non-core businesses,

The legal case against me, standing alone, is a flimsy, hollow shell and reeks of politics, ... With justice in the balance, do you have a real case, based on the law and not on politics Subject to the judges schedule, meet me in court before November.

All we're hoping for today is to pick a fair jury that will give me a fair shake. The outcome will be fine.

The word train wreck is something I would remember.

I give them a lot of running room and authority to do their jobs. All of that I tried to leave for my senior people and I've found ... generally that works very well. Get the best people, give them plenty of authority and let them develop their own ideas and organizations and go with it.

look more like part of a political campaign.

Failure does not equate to a crime.

is the Justice Department not willing to agree to an immediate and speedy trial

It was a very spirited discussion on a number of issues.

You're always trying to get as much information as you can about different charges that come up in a case like this.