Kenneth Lay
Kenneth Lay
Kenneth Lee "Ken" Laywas an American businessman. He was the CEO and chairman of Enron Corporation. Lay was indicted by a grand jury on 11 counts of securities fraud in 2004. In 2006, Lay's trial began in Houston and he was found guilty on 10 counts. Lay died while vacationing in Snowmass, Colorado, on July 5, 2006, three months before his October 23 sentencing. A preliminary autopsy reported Lay had died of a heart attack caused by coronary artery disease...
NationalityAmerican
ProfessionCriminal
Date of Birth15 April 1942
CountryUnited States of America
I don't fear jail because I know I'm not guilty. I know I did nothing wrong. I did nothing criminal and I also believe my God will get me through this.
They can't do without electricity. They can do with less electricity.
Every market is in transition.
You'd rather have a surplus versus a shortage in your position.
In the case of Enron, we balance our positions all the time.
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.
There are absolutely no problems that had anything to do with Jeff's departure.
We will cooperate fully with the SEC and look forward to the opportunity to put any concern about these transactions to rest.
But certainly I didn't know he was doing anything that was criminal.
I have faith in the market when we get the rules right.
The transmission systems are still regulated.
Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.
We use competitive markets to arrange for delivery of our food supply.
We've tried to get as much supply into California as we can.