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Kenneth Lay

Read through the most famous quotes from Kenneth Lay




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 are still within the regulated framework.


— Kenneth Lay


#electricity #framework #go #going #now

When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall.


— Kenneth Lay


#another #fall #other #shoe #think

You'd rather have a surplus versus a shortage in your position.


— Kenneth Lay


#rather #shortage #surplus #versus #you

You'll have lower prices under deregulation than you will through regulation.


— Kenneth Lay


#lower #lower prices #prices #regulation #than






About Kenneth Lay






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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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