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The problems in California have been that it's been very difficult to site and build new power plants.
Kenneth Lay
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The last thing I would have ever expected to happen to me in my life would be that, in fact, I would be accused of doing something wrong and maybe even something criminal.
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Our liquidity is fine. As a matter of fact, it's better than fine. It's strong.
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Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.
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I've been a strong financial and political supporter of, first, President Bush Sr. when he was running for president, and even when he ran for president a time or two and failed.
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I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.
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I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.
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Every market is in transition.
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But the most important thing is, Enron did not cause the California crisis.
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