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 was fully complying with all the existing regulations and requirements on my stock transactions.
I believe then - I believe now - that I fully complied with the law.
I think I and Jeff before me ... were being very, very candid. We were solving these problems and we were addressing these problems.
I was trying to see if they would meet with my lawyers.
We have made it pretty clear to the government leadership we are now at a point where we would like to be taken out, and we think most of our partners do.
Any slots at the senior level, including CEO or other slots, will be filled internally.
I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.
We need someone who is a strong representative of our value system.
Our liquidity is fine. As a matter of fact, it's better than fine. It's strong.
He may have had a few trick questions, as he said, but I think he did a fine job on all of it.
But they certainly had the right to sell their shares to take care of their problems.
If we do that, then Enron will become the leading company in the world.
I did not want to leave the country this time without reaffirming my interest in, and support for, India, ... I hope that we will be able to find a resolution to this problem.
I did everything I could humanly do during this time. Did I make mistakes? I'm sure I did.