I did not know enough to answer questions on the subject.
Mr. Lay said liquidity was fine. Then he strengthened his statement and said, 'In fact, liquidity is strong.
I believe that they had determined the capital markets were closed to Enron at this time.
My prior interactions with him had just conditioned me that he didn't want to be corrected.
I wish a lot of people had spoken up.
I knew it was wrong at the time.
I observed events that I thought were wrong, so I did make a conclusion. I didn't make a conclusion that it was legal or illegal.
He thought it was absurd, and that management should have been able to see this coming.
I recall Mr. Lay saying that liquidity was fine, and then he strengthened his statement to say that liquidity was strong.
Acknowledgment and no reaction. I left the room because I felt really awkward.