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Kenneth Lay Quotes
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Type: Businessman Quotes Category: American Businessman Quotes Date of Birth: April 15, 1942 Date of Death: July 5, 2006 Nationality: American Find on Amazon: Kenneth Lay Related Authors: Jim Rohn Bo Bennett Henry Ford David Ogilvy James Cash Penney Bill Gates Lee Scott Mike May |
Am I a fool? I don't think I'm a fool. But I think I sure was fooled.
Kenneth Lay Any slots at the senior level, including CEO or other slots, will be filled internally. Kenneth Lay 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 But indeed a market like California is not good for Enron. Kenneth Lay But the most important thing is, Enron did not cause the California crisis. Kenneth Lay But we have very, very narrow limits on all of our buying and selling of all of our commodities worldwide; different kinds of terms, etc. Kenneth Lay Every market is in transition. Kenneth Lay I don't think I'm a criminal, number one. Kenneth Lay I have faith in the market when we get the rules right. Kenneth Lay I have to take responsibility for anything that happened within its businesses. Kenneth Lay 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 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 In the case of Enron, we balance our positions all the time. Kenneth Lay Investors don't like uncertainty. Kenneth Lay Jeff knew full well what he was walking away from. Again, he needed to deal with this right away. Kenneth Lay Our liquidity is fine. As a matter of fact, it's better than fine. It's strong. 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 The problems in California have been that it's been very difficult to site and build new power plants. Kenneth Lay The transmission systems are still regulated. Kenneth Lay There are absolutely no problems that had anything to do with Jeff's departure. Kenneth Lay 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 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 Trillions of dollars every day are being exchanged around the world in all of the financial markets. Kenneth Lay We don't break the law. Kenneth Lay We need someone who is a strong representative of our value system. Kenneth Lay We see ourselves as first helping to open up markets to competition. Kenneth Lay We use competitive markets to arrange for delivery of our food supply. Kenneth Lay We've tried to get as much supply into California as we can. 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 When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall. Kenneth Lay When you have a monopoly franchise player exercising their market power, then usually we're out on the other side of those issues. Kenneth Lay 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 |
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