Kenneth Lay Quotes (78 Quotes)

The transmission systems are still regulated.

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

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

Next week, we will be ready to roll. I have a lot of good lawyers.

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

Certainly he will be out of pocket for a few days. I fully expect him to be back before the trial is over. We're going to proceed ahead.

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

Investors don't like uncertainty.

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.

I did not want to leave the country this time without reaffirming my interest in, and support for, India, ... I hope that we will be able to find a resolution to this problem.

I was looking forward, not back. I was looking at the fundamentals of the business.

We don't break the law.

The company is fundamentally sound. The balance sheet is strong. Our financial liquidity has never been stronger. And we again have record operating and financial results.

The company is probably in the strongest and best shape it's ever been in. The company is strong and has tremendous momentum.

I was more interested in talking to Vince Kaminski about some general risk-management issues.

Portland General is a solid performer and has been a great addition to the Enron portfolio since 1997, ... However, over the past few years our need for ownership of a regional utility has been diminished by the rapid extension of our third-party supply network. As a regional utility, NW Natural is a perfect partner for Portland General going forward.

Currently, there are only a handful of large private sector companies operating in the 300 billion worldwide water market, and there are tremendous opportunities for future growth as the water industry moves toward privatization and consolidation.

But they certainly had the right to sell their shares to take care of their problems.

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

Do you believe based on the information that you had available, what you were saying at the road show was accurate and fair I did then, I do today, based on what I knew.

I've not only pursued the American dream, I've achieved it. I suppose we could say the last few years, I've also achieved the American nightmare.

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

If we do that, then Enron will become the leading company in the world.

My concern is for current and former Enron employees and other stakeholders, and I feel it is in their best interest for me to step down from the board.

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

He may have had a few trick questions, as he said, but I think he did a fine job on all of it.

Aggressive accounting does not mean illegal accounting.

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