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Kenneth Lay

There are absolutely no problems that had anything to do with Jeff's departure.

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But I can't take responsibility for criminal conduct of somebody inside the company.

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Any slots at the senior level, including CEO or other slots, will be filled internally.

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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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Trillions of dollars every day are being exchanged around the world in all of the financial markets.

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The problems in California have been that it's been very difficult to site and build new power plants.

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When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall.

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I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.

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There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues.

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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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