Find the best quotes by 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…
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…
You’d rather have a surplus versus a shortage in your position.
You’ll have lower prices under deregulation than you will through regulation.
When there’s uncertainty they always think there’s another shoe to fall. There is no other shoe to fall.
We’ve tried to get as much supply into California as we can.
We see ourselves as first helping to open up markets to competition.
There are absolutely no problems that had anything to do with Jeff’s departure.
We don’t break the law.
The problems in California have been that it’s been very difficult to site and build new power plants.
The transmission systems are still regulated.
Our liquidity is fine. As a matter of fact, it’s better than fine. It’s strong.
Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.
In the case of Enron, we balance our positions all the time.
Investors don’t like uncertainty.
Every market is in transition.
I don’t think I’m a criminal, number one.
I have faith in the market when we get the rules right.
But the most important thing is, Enron did not cause the California crisis.
But indeed a market like California is not good for Enron.
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