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Kenneth Lay's Quotes

Kenneth Lay profile photo

Born: 1942-04-15
Profession: Businessman
Nation: American
Biography of Kenneth Lay

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

Tags: Helping, Open, Ourselves

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

Tags: Arrange, Delivery, Food

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

Tags: California, Supply, Tried

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

Tags: Another, Fall, Shoe

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

Tags: Position, Rather, Shortage

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

Tags: Lower, Prices, Regulation

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.

Tags: Political, Strong, Time

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.

Tags: Energy, Food, Today

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.

Tags: Side, Whether, Within

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

Tags: Fool, Fooled, Sure

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

Tags: Someone, Strong, Value

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.

Tags: Happen, Life, Wrong

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

Tags: Less

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

Tags: Ceo, Level, Senior

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

Tags: Criminal

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

Tags: Company, Inside, Somebody

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

Tags: Good, Indeed, Market

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

Tags: California, Cause, Crisis

Every market is in transition.

Tags: Market, Transition

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

Tags: Criminal, Number

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

Tags: Faith, Market, Rules

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

Tags: Businesses, Happened, Within

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

Tags: Businesses, Mean, Retail

I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.

Tags: Full, Mind, Saying

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

Tags: Balance, Enron, Time

Investors don't like uncertainty.

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

Tags: Again, Away, Knew

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

Tags: Fact, Matter, Strong

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

Tags: Difficult, Power, Problems

The transmission systems are still regulated.

Tags: Systems

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

Tags: Departure, Jeff, Problems

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

Tags: Accounting, Problem, Unknown

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

Tags: Dollars, Exchanged, Financial

We don't break the law.

Tags: Break, Law
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