"Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities."

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

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

"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."

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

"Am I a fool? I don't think I'm a fool. But I think I sure was fooled."

"We see ourselves as first helping to open up markets to competition."

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

"Investors don't like uncertainty."

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

"But indeed a market like California is not good for Enron."

"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."

"I have faith in the market when we get the rules right."

"Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework."

"Jeff knew full well what he was walking away from. Again, he needed to deal with this right away."

"But the most important thing is, Enron did not cause the California crisis."

"In the case of Enron, we balance our positions all the time."

"I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal."

"We use competitive markets to arrange for delivery of our food supply."

"They can't do without electricity. They can do with less electricity."

"Our liquidity is fine. As a matter of fact, it's better than fine. It's strong."

"I have to take responsibility for anything that happened within its businesses."

"We don't break the law."

"You'll have lower prices under deregulation than you will through regulation."

"We need someone who is a strong representative of our value system."

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