Ken Lay Quotations

We believe that the information we have made available addresses a number of the concerns that have been raised by our shareholders and the SEC about these matters,

I can't imagine a worse nightmare ... than being accused of criminal activity you did not do.

I give them a lot of running room and authority to do their jobs. All of that I tried to leave for my senior people and I've found ... generally that works very well. Get the best people, give them plenty of authority and let them develop their own ideas and organizations and go with it.

Jeff was very genuine about his problem. In my 10 to 15 years with Jeff, he'd always been a straight-shooter with me.

look more like part of a political campaign.

I would never have thought ever that I would be in criminal court defending charges.

While we had been willing to give Andersen the benefit of the doubt until the completion of that investigation, we can't afford to wait any longer in light of recent events, including the reported destruction of documents by Andersen personnel and the disciplinary actions taken against several of Andersen's partners working in its Houston office,

We basically had a real-time audit by Arthur Andersen ongoing, all the time.

(Vinson & Elkins) shared with us the four people Ms. Watkins said agreed with her about her concerns in fact did not agree with her on those matters. Nor did anybody else they talked to.

Could it be that my indictment -- curiously issued two weeks before the Democratic National Convention -- is largely political?

is the Justice Department not willing to agree to an immediate and speedy trial?

The word train wreck is something I would remember.

You're always trying to get as much information as you can about different charges that come up in a case like this.

Absolutely not. At the time I thought all of those things were accurate.

It was a very spirited discussion on a number of issues.

The biggest problem in California is consumers are not going to see the price signals. If they don't see the price signals, they are not changing behavior so the problem is going to get worse.

In hindsight we made some very bad investments in non-core businesses,

All we're hoping for today is to pick a fair jury that will give me a fair shake. The outcome will be fine.

The Constitution guarantees justice and a speedy trial, ... I am guilty of no crime and eager to prove my innocence.