Quotes by Kenneth Lay

About Kenneth Lay:

Kenneth Lee was an American businessman. He played a leading role in the corruption scandal that led to the downfall of Enron Corporation. Lay and Enron became synonymous with corporate abuse and accounting fraud when the scandal broke in 2001. Lay was the CEO and chairman of Enron from 1985 until his resignation on January 23, 2002, except for a few months in 2000 when he was chairman and Jeffrey Skilling was chief executive officer (CEO).
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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

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

We don't break the law.

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

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

Kenneth Lay

The transmission systems are still regulated.

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

Author Bio

  • NameKenneth Lay
  • Descriptionformer chairman and CEO of Enron Corporation
  • BornApril 15, 1942
  • DiedJuly 5, 2006
  • CountryUnited States Of America
  • ProfessionBusinessperson