A Quote by Kenneth Lay

But the most important thing is, Enron did not cause the California crisis. — © Kenneth Lay
But the most important thing is, Enron did not cause the California crisis.
Enron had already collapsed and filed for bankruptcy protection by the beginning of 2002. But despite complaints from short sellers that corporations had used accounting gimmickry to inflate their profits, many investors thought the crisis at Enron was an isolated case.
I had just arrived in New York from California. I was nineteen years old and excited beyond belief. I was an art student and an acting student and behaved as most young actors did - meaning that there was no such thing as a good actor, 'cause you yourself hadn't shown up yet.
The Houston Astros want to change the name of Enron Field where they play. I guess the Enron name could cause problems for them. Like players could steal a base and then deny it.
I remember when I did my Enron film, my executive producers at the time felt very strongly that I should mock the Enron executives more viciously because everybody wanted that moment.
Cooking might be the most important factor in fixing our public health crisis. It's the single most important thing you can do for your health.
The CEO of Enron, Jeffrey Skilling, married one of the Enron secretaries this week. It's amazing how romantic these Enron guys can be when they realize that wives can't be forced to testify against their husbands. Skilling said today she was the best secretary Enron had ever had. She could shred 950 words a minute. ... I guess they are on their honeymoon right now. That's going pretty well. Hey, he's used to screwing Enron employees.
During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That's because they were at the bottom of the investing food chain.
Yes, I did and a lot of my friends who are in the same program as I were very much supportive, and the most important thing they said to me is do not let this interfere with what you have to do in taking car of yourself. That was the most important thing.
Enron's president, Ken Lay, passed away last week. So, I guess even God lost money on that Enron deal. I believe the official cause of death was listed as "karma." The family asked in lieu of flowers, please send some elderly retiree's entire life savings.
Deception can cost billions. Think Enron, Madoff, the mortgage crisis. Or in the case of double agents and traitors, like Robert Hanssen or Aldrich Ames, lies can betray our country. They can compromise our security. They can undermine democracy. They can cause the deaths of those that defend us.
The only beef Enron employees have with top management is that management did not inform employees of the collapse in time to allow them to get in on the swindle. If Enron executives had shouted, "Head for the hills!" the employees might have had time to sucker other Americans into buying wildly over-inflated Enron stock. Just because your boss is a criminal doesn't make you a hero.
But indeed a market like California is not good for Enron.
Virtually throughout its history, and certainly in the 20th century, California has been known as the place to go for dynamism and growth. It did not become the richest, most populous, and most productive state solely because of its weather and natural resources. So it takes a lot to turn California around from growth to contraction, from people moving into the state to a net exodus from the state, from business moving into California to businesses leaving California. It takes some doing. And the Left has done it.
And it is a very important thing to be and do, if not the most important 'cause how you interpret a story can then make the difference. So it is a very powerful thing to be. And when misused, it's very sad.
We prefer an orderly resolution to the debt crisis and we're moving in that direction. But the most important thing is that the deal we reach with creditors is sustainable.
The biggest message, we hope, is that money is not the most important thing in life. You have to have it to survive and live but it's not the most important thing in life. It's the legacy you leave and the people that you wrap around you and the love that you have wrapped around you (that) should be the most important thing.
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