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There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues.
Kenneth Lay
15 Likes
15 Comments
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There are absolutely no problems that had anything to do with Jeff's departure.
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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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I have to take responsibility for anything that happened within its businesses.
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I have faith in the market when we get the rules right.
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