A biography for Kenneth Layhasn’t been written yet.
“I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.”
“The transmission systems are still regulated.”
“Investors don't like uncertainty.”
“There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues.”
“I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.”
“They can't do without electricity. They can do with less electricity.”
“But indeed a market like California is not good for Enron.”
“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.”
“There are absolutely no problems that had anything to do with Jeff's departure.”
“I have faith in the market when we get the rules right.”
“But I can't take responsibility for criminal conduct of somebody inside the company.”
“We see ourselves as first helping to open up markets to competition.”
“But the most important thing is, Enron did not cause the California crisis.”
“We've tried to get as much supply into California as we can.”