Born in Tyrone, Missouri in 1942, Kenneth Lay is former CEO of the American Enron Corporation. Lay served as CEO and chairman from 1986 until his resignation in January 23, 2002, except for a few months in 2001 when he was chairman and Jeff Skilling was CEO. Enron and Ken Lay, Jeff Skilling, and others at Enron have been associated corporate abuse.
“Am I a fool? I don't think I'm a fool. But I think I sure was fooled.”
“But certainly I didn't know he was doing anything that was criminal. ”
“But I fought as hard as I could with my almost - last breath, prior to the time we - Enron collapsed, doing everything we could to save it.
- Kenneth Lay”
“But the most important thing is, Enron did not cause the California crisis.”
“I don't think I'm a criminal, number one.”
“I had every reason to think that the underlying businesses, the fundamentals of the underlying businesses, were strong. ”
“I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.”
“If the rules are right - and they were not right in California - but if the rules are right, electricity, like any other commodity, can be arranged for, can be priced more efficiently by competitive market forces than it can be by regulators and monopolists.”
“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. ”
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