Jeffrey Skilling
Jeffrey Skilling
Jeffrey Keith "Jeff" Skillingis the former CEO of the Enron Corporation, headquartered in Houston, Texas. In 2006, he was convicted of federal felony charges relating to Enron's financial collapse and is currently serving 14 years of a 24-year, four-month prison sentence at the Federal Prison Camp – Montgomery in Montgomery, Alabama. The Supreme Court of the United States heard arguments in the appeal of the case March 1, 2010. On June 24, 2010, the Supreme Court vacated part of Skilling's...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth25 November 1953
CityPittsburgh, PA
CountryUnited States of America
I will fight those charges until the day I die.
In some ways, my life is on the line. I'm absolutely innocent of these charges.
In the fall of the year 2000, there just happened to be a decision point when they asked me to become Chief Executive Officer of the company. It was a time when, as you remember, we were starting to have some real problems in the California energy markets.
I would prefer they not know I'm considering selling.
I am absolutely positive. There is no truth to that allegation.
This was about protecting gains, not hiding losses.
The only reason I sold the 500,000 shares on Sept. 17, the only reason, was Sept. 11.
Was I believer in Enron Corporation? Yes, sir, I was.
The indictment, in a lot of ways, that was the turning point.
Mike, we are a green energy company, but the green stands for money.
I sold some shares, but on a net basis, significantly increased my ownership.
Well, actually, I had been working as a consultant to former companies of Enron, or predecessor companies of Enron and, so, I joined in 1990 to really start our wholesale merchant business.
Well, as we built the business in the 1990's, as I said, I enjoyed that.
We were building a - what I thought was a fantastic company. We had great people. We were changing - we were changing the way the marketplace operated. We were creating a market for natural gas and electricity that had never existed before.