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    Kenneth Lay

    Read through the most famous quotes from Kenneth Lay




    The transmission systems are still regulated. ↗


    — Kenneth Lay

    #still #systems #transmission

    There are absolutely no problems that had anything to do with Jeff's departure. ↗


    — Kenneth Lay

    #anything #departure #had #jeff #problems

    There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues. ↗


    — Kenneth Lay

    #issues #previously #problem #reserve #trading

    They can't do without electricity. They can do with less electricity. ↗


    — Kenneth Lay

    #less #without

    Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities. ↗


    — Kenneth Lay

    #buyers #commodities #energy #food #just

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


    — Kenneth Lay

    #being #day #dollars #every #every day

    We don't break the law. ↗


    — Kenneth Lay

    #law

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


    — Kenneth Lay

    #first #helping #markets #open #ourselves

    We use competitive markets to arrange for delivery of our food supply. ↗


    — Kenneth Lay

    #competitive #delivery #food #food supply #markets

    We've tried to get as much supply into California as we can. ↗


    — Kenneth Lay

    #get #into #much #supply #tried






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    See also
    Timeline of the Enron scandal. By the time energy was deregulated in the 1980s Lay was already an energy company executive and he took advantage of the new climate when Omaha-based Internorth bought his company Houston Natural Gas and changed the name to Enron in 1985. Following the collapse of Enron his name outside the building was made 70% smaller.

    He took a regional natural gas pipeline business and turned it into an energy conglomerate with a market capitalization of $70 billion betting the future on unregulated energy markets. On July 7 2004 Lay was indicted by a grand jury on 11 counts of securities fraud and related charges.

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