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 remember an Amnesia. I think it was appropriately named.
I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.
Am I a fool? I don't think I'm a fool. But I think I sure was fooled.
We will cooperate fully with the SEC and look forward to the opportunity to put any concern about these transactions to rest.
The problems in California have been that it's been very difficult to site and build new power plants.
But I can't take responsibility for criminal conduct of somebody inside the company.
But certainly I didn't know he was doing anything that was criminal.
But indeed a market like California is not good for Enron.
The transmission systems are still regulated.
Trillions of dollars every day are being exchanged around the world in all of the financial markets.
I have faith in the market when we get the rules right.
I always took my role as a leader, and certainly chairman and CEO of a major company very seriously as to our employees and trying to create opportunities for them and create opportunities where they could even, as I said many times, could realize their God-given potential and maybe realize more potential than even they realize they had.
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.
In the case of Enron, we balance our positions all the time.