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
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.
It's been a tough six years, it's been a really hard six years.
This list here is one of the most sophisticated groups of investors I have ever seen in one single investment. I doubt seriously they would have let us control their investment.
It was a very difficult 10 years of very hard work.
The only reason I sold the 500,000 shares on Sept. 17, the only reason, was Sept. 11.
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 didn't hear about it, the note, until it was published in the newspapers that following January.
We built that into a wholesale business that became, really, one of the largest companies in the United States. We had success in building new markets, opening markets for competition, and that takes a personal toll.
Was I believer in Enron Corporation? Yes, sir, I was.
I would view that as a rounding error. I'm not sure deals of that size would come to my attention. $125 million out of an annual calendar of $22 billion is hardly something that you would notice.
It could be fine, it could be incorrect, depending on the situation.
Get me as much of that juice as you can.
He was a good guy. He was very good at what he did. He had a good sense of humor.