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

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